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Author Topic: Will Bitcoin ever get past $10K?  (Read 1168 times)
Naida_BR
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June 17, 2020, 04:42:51 PM
 #101

It is very possible for Bitcoin to surpass 10k.
The price has been stabilized at 9k for almost a month. This means that we have a strong support and 9k and we are only going to head towards 10k in the coming months.
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June 18, 2020, 03:43:24 AM
 #102

It is very possible for Bitcoin to surpass 10k.
The price has been stabilized at 9k for almost a month. This means that we have a strong support and 9k and we are only going to head towards 10k in the coming months.
yes, it's very possible. it's just that we don't know whether the price of bitcoin can hold on to that price or it will only reach $ 10k then fall back. so far, I feel that the price of bitcoin can reach that price, but it is not stable. however, until now there has been no sign that the price of bitcoin can break through the $ 10k wall in a long time.

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June 19, 2020, 12:54:47 AM
 #103

Reaching $10,000 is not anymore a problem this year, we have seen a multiple times that bitcoin reached that price.
You are right, the only problem now is the stability, which I think normal for bitcoin since it's very volatile, so maybe we can make some strategy to take advantage on that.

By buying bitcoin when it dump, this would give you a good way to be profitable, as long as you trust bitcoin of course.

Many times panic happens and bitcoin dip, therefore we should trust bitcoin every time it dip and buy it.

For what I've seen, it's not impossible for Bitcoin to get past $10k. Right now, it's an oddity since whales are heavily manipulating Bitcoin's price on the market. One needs to be vigilant in order to sell Bitcoin when it touches the $10k range. Once it manages to sustain prices of $10k for some time, there should be nothing stopping it from reaching higher gains on the market. At least, the third halving had a positive effect over Bitcoin's price in the short term. Maybe in the next 2 to 3 years from now, Bitcoin will be able to reach a new ATH. It's all a matter of patience in order to obtain good results with your investment.

Impatient people will quickly sell their Bitcoin, triggering a panic sell on the market. If there are more people selling Bitcoin than what they're buying, prices will go down the drain. Bitcoin's volatility may be risky, but it proves to be a great way to make profits in the short term. Considering Bitcoin's reduction in block reward every 4 years, it should become much more valuable than what it is right now in the future. Let's hope that Bitcoin never loses its value, resembling Gold in every way. Just my opinion Smiley

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June 19, 2020, 11:55:38 AM
 #104

yes, it's very possible. it's just that we don't know whether the price of bitcoin can hold on to that price or it will only reach $ 10k then fall back. so far, I feel that the price of bitcoin can reach that price, but it is not stable. however, until now there has been no sign that the price of bitcoin can break through the $ 10k wall in a long time.

There is no sign for now as some whales are manipulating bitcoin price, there was a time it got to over $10000 some days before halving, but a whale move huge amount of bitcoin it of an exchange, the price really dropped to as low as $8200. This is also what has been happening so far to bitcoin. But, it is not yet late to see the results of halving, the effect can not be immediately, and it could later still result to bitcoin price increase. I just believe that in this year, bitcoin price will get to a price more than $10000.

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June 19, 2020, 11:53:33 PM
 #105

Of course bitcoin will past 10k$ just be patient and wait that time. Many investors in bitcoin have big holdings but they have no worries because they know that bitcoin will goes up. So we must be wait for we get a good profit. Holding bitcoin now is the one good thing that we have made because I know bitcoin soon will goes up.
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June 19, 2020, 11:59:24 PM
 #106

Of course bitcoin will past 10k$ just be patient and wait that time. Many investors in bitcoin have big holdings but they have no worries because they know that bitcoin will goes up. So we must be wait for we get a good profit. Holding bitcoin now is the one good thing that we have made because I know bitcoin soon will goes up.

We actually surpassed that level but of course, the market is not yet ready so it goes down again. But the probability of passing that level in the next coming months is very high. People are slowly calming down owed to this pandemic situation and they are trying to recover from what's left on their savings. There's always hope so to speak. So reaching that level is not impossible.
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June 20, 2020, 01:51:13 AM
 #107

There is no sign for now as some whales are manipulating bitcoin price, there was a time it got to over $10000 some days before halving, but a whale move huge amount of bitcoin it of an exchange, the price really dropped to as low as $8200. This is also what has been happening so far to bitcoin. But, it is not yet late to see the results of halving, the effect can not be immediately, and it could later still result to bitcoin price increase. I just believe that in this year, bitcoin price will get to a price more than $10000.

Agree. Right now, there's heavy price manipulation across the market. It may take some time before we'll able to see steady prices well above $10k per coin. With some patience, we'll be able to achieve good results in the future. Personally, I wouldn't worry about Bitcoin's price as long as it's useful for the whole mainstream world. Decentralization/censorship-resistance is what matters above anything else. I'd expect prices to become higher in 1 to 2 years from now. The sooner the pandemic ends, the better it'll be for Bitcoin and other tradeable assets worldwide.

It's surprising to see how quickly Bitcoin recovered in price after the negative effects of COVID-19 on the mainstream economy. This shows us how resilient the pioneer cryptocurrency is as an asset that's completely immune against real world events. With its decentralized and open source design, Bitcoin may well live far beyond 100 years into the future. All in all, we're getting one step closer from grasping $10k per coin than I've ever imagined. Just my thoughts Grin

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