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Author Topic: Bitcoin won't surge past 11k, your thoughts...  (Read 652 times)
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February 13, 2020, 02:04:36 PM
 #21

There are too many predictions this year but I'm glad the experts continue to do the analysis and then share in their article how bitcoin growth will be ahead of halving.
But for me it will be easy to continue to surpass $ 11k in this dean's time or it could be this month that bitcoin can touch $ 11k because of what is impossible for bitcoin.
Before bitcoin grows again we are definitely ready by holding bitcoin and also to await future growth.

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February 13, 2020, 03:01:35 PM
 #22

For me at this point, i think no one actually knows what price bitcoin will surge or drop too.
Everyone is nerely guessing and suggesting.

The bitcoin halving is very near, and ir sparks hope to bitcoin, why would anyone doubt a bull run?

NB: dyor always and remember that nobody knows it all when it comes to crypto currency

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February 13, 2020, 04:32:15 PM
 #23

what ? what the f . man , while everyone else are saying good stuffs on btc  , you here are not agreeing with us but its okay if thats what you think i will still accept it   . every one is free here to say what they want  .

 anyway nice article  . i just visit the link you posted and i see  a detailed info with graphs although i feel a little confused on those stuffs becuase im not really into trading and investing  . still enough  to convince me and others that thier prediction is somewhat true  .
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February 13, 2020, 05:31:47 PM
Merited by xhomerx10 (2)
 #24

these days it seems like most people are expecting a very small drop possibly back to $9k or something like that so they are all spreading a lot of FUD to capitalize on that possible opportunity since most of them haven't bought any bitcoin yet since they were foolishly waiting for a big drop before this rise began and now they are again foolishly waiting for another big drop while price keeps rising...

There is a FOMO brewing...
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February 13, 2020, 05:50:59 PM
 #25

I disagree, I believe we are already in the Bull run because, even if the price of Bitcoin decreases sometimes but, eventually it would again pump or leap to prices that surprises us like for example, a bit earlier the price of Bitcoin goes down to $10.2k and again eventually it goes back to $10.5k.

It is not impossible to reach the $11k bracket, it is only february but, we are already halfway from it.

what is disagreeing with you is the same decision from my mind, in crypto it is likely that it will always happen.
bitcoin is currently moving towards a good direction of improvement and continues to grow, even if the downtrend had the upward trend will exceed when down. so I also agree with your belief that bitcoin will surpass $ 11K.

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February 13, 2020, 06:30:56 PM
 #26

Sorry, I don't agree with this prediction. This is another kiddie prediction in my view. Bitcoin doesn't follow anyone's prediction! We just only can expect, nothing else. Bitcoin price is going to 10300+ USD, the next target is 10500 and then 11K USD  will come and it can happen even in this month. So, this prediction has no value, honestly, I stopped following all the bitcoin prediction because I don't care them when I know holding bitcoin is a great idea.

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February 13, 2020, 06:59:58 PM
 #27

As I always say, we can always speculate about BTC, as much as we can (and it's funny), but even analysts make mistakes, and they make a lot of mistakes.
I believe that BTC will surpass 11,000 dollars, even 12,000. After all we are almost reaching a very big and important event for BTC, which happens only a few times, so we have plenty of reasons to believe that we will reach a higher level this year.
I will be worried if we cannot easily overcome this barrier with such event

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February 13, 2020, 09:57:33 PM
 #28

Bitcoins all time high of this year is all set to stop according to the indication, there was a massive pump from the last week which crossed $800 in a week was really amazing from BTC. Here I will share a link where it clearly shows that BTC won't go beyond 11k. Guys kindly share your thoughts.
https://www.newsbtc.com/2020/02/13/bitcoin-wont-surge-past-11k-just-yet/amp/
This is only just another market speculation... If we could say that Bitcoin won't surpass $11k this week it really near to possibility but if we are saying for this year or even this month, maybe we could make it. We are already at $10k plus, a few more steps to go to reach back $11k and it is quite to see that the market keeps soaring high as it closes to halving. This is will be an indication that we gonna have a huge market jump this year...and I consider this as a Bullrun already.  Grin

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February 13, 2020, 10:19:10 PM
 #29

and also why not try to check other sites than that one?so maybe you can find more sensible topics .
Lol, good catch on that one and good point also.

Anyway, that whole "surging past $11k" thing makes me a little bit antsy, because I'd rather bitcoin get there relatively slowly and preferably with some bumps and dips along the way.  Seems like bitcoin shot past $10k pretty quickly and while I'm happy to see that level again, I have 2017 fresh in my memory.  Hell I remember 2013-14, too, but I was just a bystander at that point who was marveling at the Mt. Gox failure. 

But yeah, we could hit $11k soon.  I definitely would not rule that out.  But since I'm not looking for a particular price to sell at, I'm in no rush to get there.

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February 14, 2020, 12:06:34 AM
 #30

Bitcoins all time high of this year is all set to stop according to the indication, there was a massive pump from the last week which crossed $800 in a week was really amazing from BTC. Here I will share a link where it clearly shows that BTC won't go beyond 11k. Guys kindly share your thoughts.
https://www.newsbtc.com/2020/02/13/bitcoin-wont-surge-past-11k-just-yet/amp/

Bitcoin in one day can certainly go over 11k on a rush the question would be if it can sustain over 11k.  Each thousand dollar increment is going to have its challenges staying over.  First you have people from 2017 that will start to be able to break even, then you have the people who bought in the 4-6k range recently and will be taking profits out as well.  The 10k-20k range is going to be a struggle I would imagine.

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February 14, 2020, 05:03:55 AM
 #31

Bitcoins all time high of this year is all set to stop according to the indication, there was a massive pump from the last week which crossed $800 in a week was really amazing from BTC. Here I will share a link where it clearly shows that BTC won't go beyond 11k. Guys kindly share your thoughts.
https://www.newsbtc.com/2020/02/13/bitcoin-wont-surge-past-11k-just-yet/amp/
Right now, price is at around $10.1k for example, closer to $10.2k , do you really think that when price moved from all the way down from 7k to now today over $10k, it can't just go another 800 dollars? That would be less than 10% increase, more like a 7%-8% increase to reach there, I doubt the price could move 40%+ in 1.5 months but then get stuck at the last 8% increase.

I am not saying it will definitely break $11k and even be $100k or something like that here, but the idea that "won't" past $11k is a bit weird since that is the more likely thing to happen compared to price starting to go down suddenly without any reason at all. I can't believe people who think the reversal of market movement is more likely than the current market movements because they feel like it.

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February 14, 2020, 06:35:37 AM
 #32

Here I will share a link where it clearly shows that BTC won't go beyond 11k. Guys kindly share your thoughts.

Didn't opened the link, from this statement alone I can tell you and that link to the article are all bullshit.
Please mention someone who can predict the price 100%.
There's no clear predictions, all of them are mere wild guessing that doesn't happen 99%.
That kind of mentality shouldn't be here in the first place, you're just wasting the opportunity.
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February 14, 2020, 06:59:58 AM
 #33

Here I will share a link where it clearly shows that BTC won't go beyond 11k. Guys kindly share your thoughts.

Didn't opened the link, from this statement alone I can tell you and that link to the article are all bullshit.
Please mention someone who can predict the price 100%.
There's no clear predictions, all of them are mere wild guessing that doesn't happen 99%.
That kind of mentality shouldn't be here in the first place, you're just wasting the opportunity.

Actually we cannot eliminate people with bearish minds as they are also correct when the market is bearish and wrong when the market is bullish.
What we are seeing now is that people have freedom to write what they want and they don't expect that everyone would agree just like us, we can't please everyone so some would also disagree with us.

you know what, only the market can tell us, if it will past $11k then that article is wrong, and its writer.

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February 14, 2020, 09:54:28 AM
 #34

Bitcoins all time high of this year is all set to stop according to the indication, there was a massive pump from the last week which crossed $800 in a week was really amazing from BTC. Here I will share a link where it clearly shows that BTC won't go beyond 11k.
The article does not says that the BTCitcoin market will not cross the $11k valuation but it says that there is a major resistance at that point and that is the case with any market and if the trend increases and we see a huge inflow of funds then it will easily cross the resistance and hence it is not a big deal and you cannot really predict when the resistance will be broken but with the halving coming up i am expecting the market to gain momentum in the coming months.
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February 14, 2020, 03:20:27 PM
 #35

I am not interested in if bitcoin surges past 11k, i see bitcoin as king. And as a bitcoin hodler, there is no reason to speculate, imagine or be worried about bitcoin price.
Bitcoin will still go back to 20,000$ and over, and i am willing to wait until then.

Predictions, analyses predicting a dump or a stunted growth for bitcoin is nothing but personal interest.
Steer clear of it.
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February 14, 2020, 09:17:40 PM
 #36

Bitcoins all time high of this year is all set to stop according to the indication, there was a massive pump from the last week which crossed $800 in a week was really amazing from BTC. Here I will share a link where it clearly shows that BTC won't go beyond 11k.
The article does not says that the BTCitcoin market will not cross the $11k valuation but it says that there is a major resistance at that point and that is the case with any market and if the trend increases and we see a huge inflow of funds then it will easily cross the resistance and hence it is not a big deal and you cannot really predict when the resistance will be broken but with the halving coming up i am expecting the market to gain momentum in the coming months.

Exactly.

I would like to add that price of Bitcoin is now increasing for almost straight two months. At some point correction is needed. Normally should already happen but now we have a lot of hype because of halving.
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February 14, 2020, 10:30:34 PM
 #37

Many predictions and most of them very positive, some even exaggerated. Every time when price is in positive mood people serms to forget volatility and that Bitcoin price can move in both ways.
It's possible that Bitcoin crosses 11000$ or even more but maybe this is not going to happen so soon as some might think.
I'm more moderate in my expectations and I think the price is going to fluctuate for a while and stay somwhere in the range between 9000$ and 10000$.

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February 14, 2020, 10:44:33 PM
 #38

Volatility still exists and it was found to get stronger by now and so we could expect price fluctuation but this will not be a reason for stopping Bitcoin price to rally more and even surpass $11k in a very short period of time (possible). Yes, it was acceptable than some of us here are not yet convinced of the rallying price instead, they are still thinking for a trap or short dumps that may happen anytime. But this never weakens up those people who are really in a positive mindset cause they believe that Bullish will come this year and end up the bearish season that we have struggled for 2 years.
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February 14, 2020, 11:55:30 PM
 #39

In early February I made a technical analysis on a local board like this my TA:


In my analysis I say, a conclusion.
If BTC / USD trades above the key point then the highest potential price of Bitcoin until March 1, 2020 is $11,305.
If BTC / USD trades below the key point then the lowest potential price of Bitcoin until March 1, 2020 is $5865.

With a note from last February 1:
Total Market Capitalization: $253 billion
Bitcoin Market Limits: $170.11 billion
BTC Domination Index: 67.15%
*Data by CoinGecko

Of course today is February 15:
Total Market Capitalization: $302 billion
Bitcoin Market Limits: $188.10 billion
BTC Domination Index: 62.51%
*Data by CoinGecko

We see a change in total market capitalization showing a significant increase, considering that February is still two weeks away, I am pretty sure that the highest resistance for this month is still possible at $11,305.
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February 15, 2020, 07:48:59 AM
 #40

Quote
Bitcoin price is struggling to gain momentum above $10,400 and $10,450 against the US Dollar.

How come we can call it a resistance already with just days that had passed by?
No, it ain't that long yet.
Maybe for a month or a couple, then we could call it that way.
It just hit the 5 digit mark and there is no telling where it will go.
I am still betting at 14k before May. That is the rightful price for me, then we could call it a resistance afterwards.  Grin
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