[2019-06-25] Analysts Believe BTC Could Climb Significantly Higher

[D1v4c]

https://www.newsbtc.com/news/bitcoin/bitcoin-after-pushing-past-11k-analysts-believe-btc-could-climb-significantly-higher-heres-why/

Bitcoin has continued to surprise investors as it has been able to maintain its upward momentum even after it pushed into the upper-$10,000 region, where it faced increased levels of selling pressure. Despite this, BTC is still facing some resistance in the lower-$11k region, and it is unclear as to whether or not the crypto’s bulls will have enough strength to propel it higher.

Analysts are now noting that Bitcoin is still expressing some bullish technical formations, and if it is able to surge as much as it has so far this year, its price may soon close in on the upper-$30k region.

[Slow death]

Bitcoin has continued to surprise investors as it has been able to maintain its upward momentum even after it pushed into the upper-$10,000 region, where it faced increased levels of selling pressure. Despite this, BTC is still facing some resistance in the lower-$11k region, and it is unclear as to whether or not the crypto’s bulls will have enough strength to propel it higher.

after your post the price has increased a lot

Analysts are now noting that Bitcoin is still expressing some bullish technical formations, and if it is able to surge as much as it has so far this year, its price may soon close in on the upper-$30k region.

again with an exaggerated price forecast, no offense but $ 30,000? I very much doubt that this will happen

Bitcoin: After Pushing Past $11k, Analysts Believe BTC Could Climb Significantly Higher; Here’s Why

the link does not work, fix the link

Here is the link that works:

https://www.newsbtc.com/2019/06/25/bitcoin-after-pushing-past-11k-analysts-believe-btc-could-climb-significantly-higher-heres-why/

[elda34b]

And just a few hours later Bitcoin dumped to $11k. How funny it is. If price increase steadily nearly everyone feels that it will keep rising, and if it dump continuously, they said 0 will come soon.

Just usual media narrative. And please don't use URL shortener.

[CryptoBry]

That bitcoin has been surprising a lot of people especially those who are not so positive about its potential is not actually surprising to me. This has been projected and predicted by many well-known and pretending-to-be-known personalities for the past many weeks with many even saying it can go beyond the moon...I supposed it must be going to Mars to help the planet get "terraformed" (just kidding but then why not?).

Now, it is quite understandable that after an exhilarating push upward, there can be some resistance that can hopefully put bitcoin on some dip -- I am actually praying for it as I am now prepared to convert some of my non-performing alts into bitcoin. Bitcoin is slated to continue its bull run this time of the year which I am sure can be ongoing for the rest of 2019 and even into 2020 when halving is scheduled to occur.