Good news! Bitcoin Price Breaks $10K Barrier

[DoublerHunter]

I believe that bitcoin is on the right green path.  Having overcome the period of corruption, he goes upward.  I think that by the fall it should be about $ 15,000.

^ We are on the same path. A sudden uptrend is not being new and we expected that after a correction there is a surge in Bitcoin price.
Bitcoin vulnerability to wild price movement has made it popular among speculators, who are eager for a return to the price way back days of 2017 when Bitcoin surged more than 1k% plus. Extreme volatility is also one reason why the virtual currency has failed to catch on as a global medium of exchange. But nevertheless, no doubt that it will have a further price increase until the price hit just like the price in the year of 2017.

[FanEagle]

Wow, popular cryptocurrency bitcoin price breaks $10k barrier after having a fourth bullish day in a row.

Will bitcoin price increase in the upcoming days?

It could be possible for it to continue to break more barriers if the bulls are strong enough to continue pushing it and it may also be quite difficult because of the strong presence of bears we have. I have just stopped speculating the price of bitcoin for now, because there are so many unseen factors that are really controlling the price of bitcoin which makes it quite difficult for us to really know exactly what direction bitcoin will be taking at any point in time.

Right now, the only thing I just keep my mine in is the long term benefit of bitcoin, that is why I am not holding bitcoin as short term trade, but for future investment, I know that in the next three years, bitcoin value will be so far greater than the current value it is holding right now, so better I just hold till I am satisfied of the profit.

[maydna]

Yes! that of course will happen, because Bitcoin is at the center of all attention, furthermore Bitcoin will gradually recover and may reach $ 15k price by the end of the year.

I hope that bitcoin price reaches that price before the end of the year

We still wait for more to see the price reach every higher price, and if the market stays like this, then we could hope bitcoin will reach $15k in a few months later. But yes, it seems too difficult for bitcoin to increase with fast this year because every time the price reaches the highest price, it will be back to the lowest price again and it's happening many times.

[TheUltraElite]

I believe that bitcoin is on the right green path.  Having overcome the period of corruption, he goes upward.  I think that by the fall it should be about $ 15,000.

What do you mean by "corruption"? Bitcoin was never corrupted. Its price dropped because people sold. Simple as that. Why do you people keeping using such emphasis on topics without any reason?

What will happen at fall or Q4 is still a mystery. I guess people are hoping to see another December 2017 pump. But let me tell you, it wont happen anytime soon because that pump was backed by the BCH forking-led accumulation of bitcoin and the tether manipulation by Bitfinex. Keep those aside and bitcoin would just be hovering around 10k like usual. This is the organic price of what should be. Dont aim too high, you would come down tumbling.

[valentin68]

In the next 60 days the bitcoin price will continue to hoover at approx this value 10 000 USD/1 bitcoin.

Then, probably in September the bitcoin price will start to increase (from 9000 USD/1 bitcoin) up to (very probable) 14 000 USD/1 bitcoin.

We do not know what will happen next, but it is very probable that at the end of 2023, 1 bitcoin will have a value of
500 000 USD.

[imstillthebest]

I believe that bitcoin is on the right green path.  Having overcome the period of corruption, he goes upward.  I think that by the fall it should be about $ 15,000.

What do you mean by "corruption"? Bitcoin was never corrupted. Its price dropped because people sold. Simple as that. Why do you people keeping using such emphasis on topics without any reason?

i guess what he mean when he says corupted is when the price goes down  but corruption do have a different meaning and shouldnt be used on this kind of  discussion  .  they are lots of them that uses inapropriate words including that user above  , i guess they are only doing it to keep thier sentence different and not repettitive from what they have post before   .

now lets get back on track  , btc breaks 10k usd again is indeed a great news because this gives us another hope for a new ath   . hopefuly the price can continue to grow this time

[xvids]

At least it is being stable in 5 digit or close in 5 digit zone.
Let's just wish that it wouldn't get down below $5K again like before.
So for now let's just enjoy it there are some who still thinks that it could get way higher than $15K before this year ends.

[ttcsalam]

You are right However, I think Bitcoin. This year, 20000 will not cross. Because Bitcoin is not increasing its target.Most of the investor wants now Bitcoin price will high very soon.

[btc_angela]

Well it's a good news for now that the price of bitcoin breaks the barrier, it give us hope for a greater result that it will continue to rise for the next few days. But I don't wanna expect a lot since this is just a start.

Yeah, don't get too excited by this sudden uptrend. But in the last 3 weeks or so you will hear people saying that bitcoin can go as well as $7500  . I guess in the end, we shouldn't underestimate the price movement. I mean yes TA can help us, however, when we can't really predict where the price would go so it's better to keep calm and not expect a lot so that we won't be disappointed at the end.

[Muzika]

Bitcoin is very bullish we can expect btc to cross previous all time high prices  like 20 thousand dollars and even analyst believe btc may touch 50 thousand dollars by next year

Maybe the correct term is bitcoin is volatile and not bullish because most of the time the price or value goes ups and down and we cant see any similar run like what happened last 2017 bull run if the bull run happens again that is the first time after 2017.

[Gutenhans]

Charts are bullish... we already had some gains and history tells us we should expect more.
Sentiment is past hope reaching optimism.
Halving is 10 months away.
Lot of infrastructure around investing in bitcoin already developed during the bear market.
Federal Reserve Interest Rates low so more money as the last bull will flow intro bitcoin.
Stocks at all time high with more and more political heat going on trading (trading affects stocks). That money will search a new home. Bitcoin has it's own way not following the stocks so that would be attractive.

All this is aligning together to a point in the near future. Already started. This does not mean price goes straight up. 30-40% corrections where on the menu last time and will be this time also.

The top? who knows... i would love to hear some ideas what people think maybe a poll would be good. 

I have a suspicion that Monero will go up when people will cash out on bitcoin. maybe good for a trade instead of shorting bitcoin from top, (if you can time it) better go in monero that (i think) will have a steady grow as SOME people cash out from bitcoin into something private. That way you stay away from shorts and go a little longer with monero.

What do you guys think?

[Astargath]

Bitcoin is currently trading above the 12 and 26 daily EMA's which have crossed bullish on the daily chart. It is also approaching another daily resistance at $11086, if we break that it's gg. Even without breaking it, the bulls have definitely proven they are still in it, the weekly chart is still super bullish and the shorts are still at all time lows on Bitfinex.

[Gutenhans]

Not into price prediction a lot but I GUESS it will go past 11086 in the next 3 hours. Next wave if you look at the 30 min chart. Like you said even if not... this is already bullish. hope i don't jinx it )

[bryant.coleman]

What happening right now is just crazy. I have been in to cryptocurrencies ever since 2012, and even then these price movements are very difficult to understand. Just a few days back, it looked as if the exchange rates have stabilized at $9.5-$10.0K. But a series of spikes during the last 48 hours took the exchange rates to the vicinity of $11.5K. Another thing to note here is that the bull run is not uniform. The altcoin prices are not increasing. This is evident from the fact that the Bitcoin dominance has risen to 67.5%, a level that was last seen in 2017.

Overall trends indicate that altcoin holders are selling their holdings and mopping up BTC at whatever prices available. ETH has dropped below the 0.02 BTC per coin level, which represents a 40% decline in four months. Some of the other altcoins have decreased even more. XRP is now trading at 2,800 Satoshis. Litecoin has lost the no.4 slot to Bitcoin Cash and is trading at 0.0083 BTC per coin. Even Binance Coin (BNB), which held out strongly till now seems to be losing its value against Bitcoin.

[Aldrinx00]

Yes it is bitcoin is currently trading at $11.5k and i think more gains will come within this week, my prediction is at least $15k. However we must be careful and we know how volatile the markets works so if bitcoin face a strong resistance we might convert it immediately to usdt or set our stop loss to be safe.

[PodMiners]

That's amazing news. I think yes, the price of bitcoin will increase in this month.

[CBANX Ltd.]

News is awesome, but it was expected as Bitcoin has found resistive support at $9k for quite long and the news will be good when Bitcoin will cross the $20k soon!

[Gutenhans]

The fact that bitcoin is growing is good, but what worries me is that the altos are falling and falling. The situation is not very good.

I see it as good even for alts.... first there has to be a purge to end scams in this place and salami marketing tactics (partnership with GOD! because i've dip the tip in holy water).
Those who are not scams and offer a product that makes sense economical to implement will 100% survive. But first bitcoin has to become either boring (small gains no 5-10% a day) or enter a bear market. When that happens you can start DCA/ECA on altcoins. This bitcoin dominance brings light to the crypto space and lot's of money but people after they get familiar with bitcoin will inform themselves on other crypto. Just have to wait until the sentiment changes and people want to find the "next bitcoin", right now they are on bitcoin until halvening maybe even short after. I hope you guys ride the trend this is digital coke

[zombi11]

The price at 11,700 is a great start for a bullish run. We can only wait

Its already. From 3k to 12k. What you want more? The big guys get the profit, they can dump it anytime. Small chances to be like in 17.

[lepbagong]

Wow, popular cryptocurrency bitcoin price breaks $10k barrier after having a fourth bullish day in a row.

Will bitcoin price increase in the upcoming days?

Obviously the question you said is certainly highly expected by almost all crypto participants. we know that since 2018 there has been no significant movement with bitcoin. and now it's starting to get excited even though maybe many hope that a very good movement can continue to increase. optimistic that bitcoin will continue to move up until the end of this year.