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Author Topic: Will Bitcoin ever get past $10K?  (Read 1168 times)
okala
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May 23, 2020, 07:06:26 AM
 #21

The issue is not about bitcoin get to $10,000 but will it ever remain over $10,000. Bitcoin got rejected close to $10,000 several times this month is not an issue. I believe that what has been happening after halving will happen and bitcoin will soon it serious upward movement.
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May 23, 2020, 09:50:51 AM
 #22

This is a very important milestone before bitcoin can have its ideal growth. Many bosses will be more interested in Bitcoin because many companies can't operate after the pandemic, they need a new quality investment channel. It will completely surpass and stabilize above $10,000.
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May 23, 2020, 11:58:51 AM
 #23

The issue is not about bitcoin get to $10,000 but will it ever remain over $10,000. Bitcoin got rejected close to $10,000 several times this month is not an issue. I believe that what has been happening after halving will happen and bitcoin will soon it serious upward movement.
I think that will be only temporary because we will see bitcoin price will get to $10k someday. No matter the price can increase in the short term or long term, the price will be there, and we will make a big profit again. The problem is we need to have more patience to wait for that time, and we need to prevent the panic that can happen anytime when we see the price is up and down.

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May 23, 2020, 03:01:47 PM
Last edit: May 23, 2020, 03:18:35 PM by Review Master
 #24

I'm still optimistic even we saw a lot of times that the market is down. This dump is just probably a market correction, I don't blame whales for this and surely it turns back high again. We've been reaching at $10.2k in February and quite not possible that we hit it back.
Not only I think for $10k but it more.
No, that's not caused by the Whales. The recent dump was happened because of the recent transections from a 11 years old bitcoin wallet address which was supposed to be a wallet of Satoshi Nakamoto. But some block researchers said, the old wallet wasn't owned by satoshi. It might be a wallet of early miner who wasn't owned by satoshi. You can read this article: Satoshi Nakamoto Didn't Just move Bitcoin

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May 23, 2020, 03:56:43 PM
 #25

The issue is not about bitcoin get to $10,000 but will it ever remain over $10,000.

Great point there mate because that is certainly correct that for How many times Bitcoin had already passed that 10,000$ price but the
problem is just after an hour it will starts falling again and Back to $9,000 level things that very frustrating specailly for
 the people that has been waiting badly for this Halving to happen.

Quote
Bitcoin got rejected close to $10,000 several times this month is not an issue.

Wrong Bitcoin surpassed this 10,000$ and you can just check that in here https://www.bestchange.com/ since Best change has
 good trading volume and fair compared to other sources.

Quote

 I believe that what has been happening after halving will happen and bitcoin will soon it serious upward movement.

Well not in this moment and time mate,since we are still in burden of this COVID19 and until this virus spreading the world?bitcoin
 Halving will remain unseen and value may remain in this trend this whole year.
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May 23, 2020, 04:20:44 PM
 #26

I think that for the next opportunity, the price of bitcoin can survive at the price of $ 10k, and even develops better than its achievement at the pump yesterday. other than that, the conditions are quite different now. halving has happened, so I feel that bitcoin will be stronger to survive above the price of $ 10k.

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May 23, 2020, 08:53:15 PM
 #27

"ever"? I mean you gotta be joking right? EVER? That is like saying will I be ever able to breath again, it is like something very natural and will happen very frequently. 10K is basically nothing in bitcoin world, we are literally just there right now, with just one 10% increase which is nothing to bitcoin, it would be above 10k once again.

I am very used to the 20k question because that is over double what it is today and I get why people are wondering will we ever become over 20k again it makes sense, but questioning 10k is ridiculous. Of course it will be over 10k, of course it will be very quick as well. Unless something major happens bitcoin will be above 10k very soon, probably this summer too. By 2021 I can see it going even above 20k as well with all this less mining rewards.
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May 24, 2020, 11:17:13 AM
 #28

Honestly wait 5 years without checking the price, you will be amazed.

I agree with you, but do you think everyone will be waiting for so long time?? That's impossible mate only big whales will deal with such stuff in my opinion also they used to manipulate whenever they want and we have experienced it as well. Halving was a real shock to many of them and I believe there was some hands of big whales on twisting the price, however I will take as a opinion and try it Cool

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May 24, 2020, 12:11:16 PM
 #29

It's already been past halving, yet prices continue to fluctuate between the $9k to $9.5k range. I've noticed that each time prices try to reach $10k, everything "falls out" immediately. Is this a result of price manipulation by whales? At this pace, it's hard to believe that Bitcoin will ever get past $10k. Even if it does get past $10k, reaching a new ATH in price could be quite challenging.

Since it's been only a week after Bitcoin's third halving, anything could happen in the future. Right now, we're in a level of uncertainty due to the COVID-19 pandemic. Maybe Bitcoin will be able to break out to new levels in price after all of this is over? Or will it continue to rise while Fiat goes down the drain? Whichever way Bitcoin goes forward in terms of price, many people will still support it. Fees are at an increasing rate, so we'll have to wait until everything goes back to normal (both in Bitcoin and the mainstream world) for prices to head all the way past $10k and beyond.

What are your thoughts? Do you think Bitcoin will ever get past $10k? Huh
Bitcoin will get past $10k for sure and that too in just a couple of months, as the halving has passed and also the Corona virus scenario is also looking good as in most of the countries it is getting under control, so it is just a matter of a few months when the economy starts to grow again and the same will also happen for bitcoin.
~ This dump is just probably a market correction, I don't blame whales for this and surely it turns back high again.~
Every time bitcoin price does an unexpected move, people start blaming whales for doing market manipulations, but in fact the market is always and will always be unpredictable for normal people or non traders.

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May 24, 2020, 12:27:22 PM
 #30

If we pay attention before halving, the price of bitcoin is difficult to redeem the number of $ 10k, even I saw that $ 9.9k was the highest at the time, but all of that fell together and redeeming the price of $ 10k is difficult to achieve, I don't know if this is a manipulation of a whales are toying with prices at the Covid-19, but I think positively if it has already redeemed $ 10k it will be difficult to fall because someone already believes that if it has passed that number bitcoin will continue to grow to reach the new ATH because halving has been passed but we wait until this fluctuation is completely normal again.

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May 24, 2020, 12:56:30 PM
 #31

Honestly wait 5 years without checking the price, you will be amazed.

I agree with you, but do you think everyone will be waiting for so long time?? That's impossible mate only big whales will deal with such stuff in my opinion also they used to manipulate whenever they want and we have experienced it as well. Halving was a real shock to many of them and I believe there was some hands of big whales on twisting the price, however I will take as a opinion and try it Cool

It's crazy to think that you buy something and you will not check it for the span of 5 years without knowing nothing since if happens you buy on the year 2017 then you will possibly cry out loud when the pants drastically dumping so badly, But if you are a risk taker then maybe its good to try since provably by 5 years you will get rich if good things come or you will lose everything when market collapsed again.

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May 24, 2020, 05:25:57 PM
 #32

Bitcoin is still trying to hold on to support $ 8800 - $ 8900,
hopefully we can stay here and are ready to continue the increase up to $ 10,000 again  Wink

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May 24, 2020, 05:40:35 PM
 #33

Waiting that much is not really easy for everyone. You have to realize that not that many people who got into bitcoin is super rich, most of us do not have enough money to even make an investment properly because we run out of money with one bad thing. For example, during this pandemic period I was expecting the price to be so so much lower than what it is right now only because this could have made a lot of money poor.

90%+ of the world lives paycheck to paycheck, we make some income, we spend it and there is almost nothing left. Sometimes we do have a bit at the side but if one bad thing happens to us, we run out of money and increased debt once again and work towards paying it. At the end of the day you can't expect these people to wait for 5 years before they could sell because something could happen that makes them sell it.

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May 24, 2020, 07:10:30 PM
 #34

Bitcoin is struggling to pass 10K due to the weak hands, they keep dumping their coins for small profits I regular intervals whereas whales already made their profits when prices hit the bottom due to covid 19 pandemic announcement.Now the price movement is completely organic and no price manipulation is involved in my opinion.

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carlfebz2
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May 24, 2020, 08:57:28 PM
 #35

Bitcoin is struggling to pass 10K due to the weak hands, they keep dumping their coins for small profits I regular intervals whereas whales already made their profits when prices hit the bottom due to covid 19 pandemic announcement.Now the price movement is completely organic and no price manipulation is involved in my opinion.
Im not really always sure on tagging up covid pandemic with crypto market (maybe for traditional markets but not for this one).This is just a normal market cycle and we cant really just get those things that we do anticipate or wish for.

There would be always that bumpy ride which do really signifies that we are dealing on a healthy market.Well, manipulations is always there but as a crypto trader you should really know on how to deal things up for you to benefit out.

For now its good to see that Bitcoins price is playing between 9k-10k levels but we havent break out yet but lets hope that it would able to hold the support levels so that we can possibly shoot up and past 5 digit prices.
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May 24, 2020, 10:40:59 PM
 #36

Bitcoin is struggling to pass 10K due to the weak hands, they keep dumping their coins for small profits I regular intervals whereas whales already made their profits when prices hit the bottom due to covid 19 pandemic announcement.Now the price movement is completely organic and no price manipulation is involved in my opinion.
Im not really always sure on tagging up covid pandemic with crypto market (maybe for traditional markets but not for this one).This is just a normal market cycle and we cant really just get those things that we do anticipate or wish for.

There would be always that bumpy ride which do really signifies that we are dealing on a healthy market.Well, manipulations is always there but as a crypto trader you should really know on how to deal things up for you to benefit out.

For now its good to see that Bitcoins price is playing between 9k-10k levels but we havent break out yet but lets hope that it would able to hold the support levels so that we can possibly shoot up and past 5 digit prices.
I mean that huge dump from 10K to 4000 region in few hours when covid was announced as Pandemic by WHO, it certainly not tied to the virus but that was used by the whales to make benefits for them.I believe that whales don't manipulate the market all the time then it would become predictable at some point so they always surprised us at an unexpected time with unexpected price movement.

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May 24, 2020, 11:19:30 PM
 #37

It is not really hard for Bitcoin to break this resistance but quite hard to think about this https://bitcointalk.org/index.php?topic=5249773.0.

$10k is quite not far from the current market position. We even surpassing it early this year and there is no possibility that we can't make it to happen again. Though it was obvious that volatility is getting stronger but then, it wasn't closing the chance to fo beyond that level. I was speculating to achieve this goal in the 3rd quarter, not this quarter since the miners are having the shutdown's issue which could affect the trend.

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May 25, 2020, 04:57:13 AM
 #38

it will pass this year but will be the end of the year. Bitcoin's price has risen too much since the beginning of March and now it needs adjustment. Bitcoin halving events will have an impact on the market but will be slow. around this time the market will be flat or slightly falling to $ 8k, after which it can pump strongly at the end of the year. Hope the world will control corona virus soon so that the economy can return to normal.
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May 25, 2020, 07:10:07 AM
 #39

So close but so far away, that can be said for 10000$ value.
Bitcoin price is always somewhere nearby, fluctuating between 8000$ and 9000$ but 10000$ seems hard to.cross.
At the moment it looks like we are having another small correction so in the upcoming period we will probably not see Bitcoin price crossing 10000$, market will continue to resist.

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May 25, 2020, 08:58:50 AM
 #40

It's already been past halving, yet prices continue to fluctuate between the $9k to $9.5k range. I've noticed that each time prices try to reach $10k, everything "falls out" immediately. Is this a result of price manipulation by whales? At this pace, it's hard to believe that Bitcoin will ever get past $10k. Even if it does get past $10k, reaching a new ATH in price could be quite challenging.

Have you taking sometime to review the high number of sell order been placed at the $10k price mark on most exchanges especially those with high liquidity and reputed per se. Most traders are taking profit at that price, making it impossible for the market to cross that price and that won't be happening anything soon.

The resistance can be seen without must effort in the chart. And like other have also mentioned, it's still too early to start judging, let give bitcoin sometime as it never does disappointed and don't think I'll be doing so anytime soon. Currently we're in the accumulation stage and thats is the best thing to be doing right now instead of debating on the price movement of the market.

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