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Author Topic: Will Bitcoin ever get past $10K?  (Read 1168 times)
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June 05, 2020, 07:22:23 AM
 #81

The price of Bitcoin is always fluctuating and it is very difficult to say whether the price will go up or down so when we use Bitcoin we have to wait patiently Bitcoin prices take a long time to rise. Bitcoin pumps a lot once every three to four years. You have to work with faith Bitcoin has moved closer to 10 10k However, the price of Bitcoin is likely to exceed K 10K by the end of this year So we have to wait until we get to the next level.

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June 05, 2020, 04:19:57 PM
 #82

The price of Bitcoin is always fluctuating and it is very difficult to say whether the price will go up or down so when we use Bitcoin we have to wait patiently Bitcoin prices take a long time to rise. Bitcoin pumps a lot once every three to four years. You have to work with faith Bitcoin has moved closer to 10 10k However, the price of Bitcoin is likely to exceed K 10K by the end of this year So we have to wait until we get to the next level.
The price of bitcoin already passed $10k this week but it was short lived and again it went below 10kUSD. There is a lot of resistance whenever the price crosses $10k and after a short interval it goes bearish and many a times we have seen it fall below the price from which it started climbing up. As a matter of fact a couple of days ago when the price reached 10K USD then after some time the exchange coinbase went down and also there was some technical issues with bitmex and the price suddenly crashed below $9k but settled at $9500. In these cases always p2p or decentralized exchanges are well suited as there are no central servers so there won't be any downtime and no inconvenience will be caused to its users.

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June 05, 2020, 04:41:52 PM
 #83

To get past 10k it will definitely happen, in fact it has been achieved several times even though it finally collapsed again and also, halving bitcoin cannot be used as a trigger for prices to rise significantly quickly because even to reach all time high it takes more time after halving occurs. Prices continue to go up and down and of course to predict it correctly is difficult to do, but whatever happens at least the increase is definitely there and will definitely happen someday.

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June 05, 2020, 06:01:06 PM
 #84

To get past 10k it will definitely happen, in fact it has been achieved several times even though it finally collapsed again and also, halving bitcoin cannot be used as a trigger for prices to rise significantly quickly because even to reach all time high it takes more time after halving occurs. Prices continue to go up and down and of course to predict it correctly is difficult to do, but whatever happens at least the increase is definitely there and will definitely happen someday.

I don't think that the right question is if Bitcoins will cross 10000$ but if it will stay there.
Actually that did happen few days ago but that pump was very short and price pulled back very quickly. So, actualy the problem is that Bitcoin price can't break that barrier and grow further but always gets back again soon after the rise.
Of course that increase will happen, it always does because volatility goes in both ways but is there a strength to keep that direction.

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June 06, 2020, 01:29:13 AM
 #85

It just did.

The price decreased immediately so I don't know when will it happen. I think it would pump again the next few weeks I think it will not be that sudden like what happened when it crossed at $10K. It is been on the talks that a recession will happen so I think we should be ready and be aware of that too. We should make a good strategy to do something about it.

It appears that there is heavy price manipulation on the market. Maybe whales are preventing Bitcoin from holding its position in the $10k range? If this keeps up, it'll take quite a long time before we'll be able to experience new ATHs for Bitcoin. One thing for sure is that this third halving has been a lot more different than past halvings. It could be a result of the negative impact caused by COVID-19 on mainstream markets. A gradual recovery of the world’s economy could trigger a massive boost in Bitcoin's prices after the demise of the coronavirus disease worldwide.

Once Bitcoin maintains a price of $10k per coin, it could jump straight to $20k in no time. It would be best to focus on Bitcoin's utility than price, in order to avoid panic selling at any moment. By the next Bitcoin halving, it's expected that the pioneer cryptocurrency would've reached new ATHs. As long as people continue to buy Bitcoin more than what it's being sold, prices will always be on the "green side". Let's hope for a positive outcome of the entire crypto/Blockchain industry in the upcoming years. Just my thoughts Grin

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June 06, 2020, 03:28:40 AM
 #86

It just did.

The price decreased immediately so I don't know when will it happen. I think it would pump again the next few weeks I think it will not be that sudden like what happened when it crossed at $10K. It is been on the talks that a recession will happen so I think we should be ready and be aware of that too. We should make a good strategy to do something about it.

It appears that there is heavy price manipulation on the market. Maybe whales are preventing Bitcoin from holding its position in the $10k range? If this keeps up, it'll take quite a long time before we'll be able to experience new ATHs for Bitcoin. One thing for sure is that this third halving has been a lot more different than past halvings. It could be a result of the negative impact caused by COVID-19 on mainstream markets. A gradual recovery of the world’s economy could trigger a massive boost in Bitcoin's prices after the demise of the coronavirus disease worldwide.

Once Bitcoin maintains a price of $10k per coin, it could jump straight to $20k in no time. It would be best to focus on Bitcoin's utility than price, in order to avoid panic selling at any moment. By the next Bitcoin halving, it's expected that the pioneer cryptocurrency would've reached new ATHs. As long as people continue to buy Bitcoin more than what it's being sold, prices will always be on the "green side". Let's hope for a positive outcome of the entire crypto/Blockchain industry in the upcoming years. Just my thoughts Grin

I will be taking those thoughts accountable since that is more probable than what I said.

Countries are slowly shifting into normal after months of lockdowns and quarantines. Still, there are those people that are having a hard time. There are businesses that stopped and there are those that will continue, I think it would be some time before the recovery of the economy and that also means more time to wait for the ATH, still that is good though since I would continue using some of the Bitcoins I have.
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June 06, 2020, 06:02:44 AM
 #87

It just did.

The price decreased immediately so I don't know when will it happen. I think it would pump again the next few weeks I think it will not be that sudden like what happened when it crossed at $10K. It is been on the talks that a recession will happen so I think we should be ready and be aware of that too. We should make a good strategy to do something about it.

It appears that there is heavy price manipulation on the market. Maybe whales are preventing Bitcoin from holding its position in the $10k range? If this keeps up, it'll take quite a long time before we'll be able to experience new ATHs for Bitcoin. One thing for sure is that this third halving has been a lot more different than past halvings. It could be a result of the negative impact caused by COVID-19 on mainstream markets. A gradual recovery of the world’s economy could trigger a massive boost in Bitcoin's prices after the demise of the coronavirus disease worldwide.

Once Bitcoin maintains a price of $10k per coin, it could jump straight to $20k in no time. It would be best to focus on Bitcoin's utility than price, in order to avoid panic selling at any moment. By the next Bitcoin halving, it's expected that the pioneer cryptocurrency would've reached new ATHs. As long as people continue to buy Bitcoin more than what it's being sold, prices will always be on the "green side". Let's hope for a positive outcome of the entire crypto/Blockchain industry in the upcoming years. Just my thoughts Grin

I will be taking those thoughts accountable since that is more probable than what I said.

Countries are slowly shifting into normal after months of lockdowns and quarantines. Still, there are those people that are having a hard time. There are businesses that stopped and there are those that will continue, I think it would be some time before the recovery of the economy and that also means more time to wait for the ATH, still that is good though since I would continue using some of the Bitcoins I have.

Provably we will see that and also not but for having these incident happening in the world I doubt we can see a close to the ATH, maybe their will be coming  for 5 digits price but that would be temporarily happening so best for these days is to secure the profit we can get since all development regarding on bitcoins is so questionable right now. Economic recover takes time and it doesn't mean it will take effect on bitcoins to.

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June 06, 2020, 08:49:19 AM
 #88


I don't think that the right question is if Bitcoins will cross 10000$ but if it will stay there.
Actually that did happen few days ago but that pump was very short and price pulled back very quickly. So, actualy the problem is that Bitcoin price can't break that barrier and grow further but always gets back again soon after the rise.
Of course that increase will happen, it always does because volatility goes in both ways but is there a strength to keep that direction.

I think in order for a bullish trend to appear and bitcoin to gain a foothold above 10k, some qualitative change in the ecosystem must occur. Halving is an ordinary (planned) event. Lightning has not been creating good news for a long time and its application is not as wide as expected. Bakkt was not a breakthrough due to the low interest of institutional investors. It is necessary to search/create something new.

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June 09, 2020, 05:00:36 PM
 #89

To get past 10k it will definitely happen, in fact it has been achieved several times even though it finally collapsed again and also, halving bitcoin cannot be used as a trigger for prices to rise significantly quickly because even to reach all time high it takes more time after halving occurs. Prices continue to go up and down and of course to predict it correctly is difficult to do, but whatever happens at least the increase is definitely there and will definitely happen someday.

I don't think that the right question is if Bitcoins will cross 10000$ but if it will stay there.
Actually that did happen few days ago but that pump was very short and price pulled back very quickly. So, actualy the problem is that Bitcoin price can't break that barrier and grow further but always gets back again soon after the rise.
Of course that increase will happen, it always does because volatility goes in both ways but is there a strength to keep that direction.
And most likely at least during the short term it will be difficult for bitcoin to keep itself above the level of 10,000 dollars for each coin, because as we know the economic situation around the world is not the best and it is only bound to get worse by the end of the year, so even if the halving has taken place already it doesn't seem the circumstances will aligned to allow that to happen, but people should not get nervous about this it only means that you have even more time to get bitcoin before it goes up significantly in value.

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June 09, 2020, 10:34:39 PM
 #90

This time, remember, be it very hard for BTC to conquer the $10k price tag for itself but that won't be its achievement alone because then, a signal flashing over the charts is showing that BTC could easily rally above $14500 resistance if 10k gets broken this time with complete push. I'm in a 10x leveraged position with just BTC0.003 and I believe this might give me at least 3-5x if the setup that I'm seeing on the charts - gets formed correctly.

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June 09, 2020, 10:40:59 PM
 #91

This time, remember, be it very hard for BTC to conquer the $10k price tag for itself but that won't be its achievement alone because then, a signal flashing over the charts is showing that BTC could easily rally above $14500 resistance if 10k gets broken this time with complete push. I'm in a 10x leveraged position with just BTC0.003 and I believe this might give me at least 3-5x if the setup that I'm seeing on the charts - gets formed correctly.

$10k is very achievable for btc in the next coming hours, days or months. just look at the price right now in coindesk, its about 9800 and the trend is still going up. so $10k is just around the corner. if you are doing short term trading, you will gain for sure. but of course, your strategy on how to get your max profit on this.

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June 09, 2020, 10:49:15 PM
Last edit: June 09, 2020, 11:14:00 PM by STT
 #92

I got sympathy for people who expect 3k , that is where the price was for a long time and even upto 6k its still a really good price but 10k is incredibly bullish price.   Even if we stay at 10k for the rest of 2020 its a great success and a stable price has benefits not obvious immediately but it allows a more easily transferred unit of value as it becomes known to hold.
    Growth in price represents volatility, when we see it rise alot it might encourage speculators and more holders into BTC but its not helping the backbone to BTC thats lasted so many years now.    We have to have a strong backbone to BTC for when real troubles arrive, sooner or later the QE and other 'stimulus' is going to wear thin and stop working then you have a reality where BTC must hold its own without constant easy dollars.

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June 10, 2020, 05:57:56 AM
 #93

I got sympathy for people who expect 3k , that is where the price was for a long time and even upto 6k its still a really good price but 10k is incredibly bullish price.   Even if we stay at 10k for the rest of 2020 its a great success and a stable price has benefits not obvious immediately but it allows a more easily transferred unit of value as it becomes known to hold.
    

While 10k$ is a bullish price but considering that we are at Halving season i think this can be lower compared to what will be the price in the next months or next year?

Just like what happen in 2017 when people are too afraid buying at 5 digits value of Bitcoin and they all regret the decision because when the 4rth quarter of that same year Bitcoin price starts the Run and Hit the highest price Bitcoin ever had in December.so Lets not look at the price when buying but instead in the situation that may occur a Pumping season of the market specially bitcoin.









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June 10, 2020, 06:50:01 AM
 #94



What are your thoughts? Do you think Bitcoin will ever get past $10k? Huh

I'm very positive that it will reach the $10,000 mark, we are in a very different situation or scenario, the fact that Bitcoin is still moving up however slowly, is a hint that it is ripe to reach the $10,000 level, I like to wake that we finally reached the $10,000 mark, we have already reached it this year, so I have no doubt that it will can.

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June 10, 2020, 09:34:07 AM
 #95

Provably we will see that and also not but for having these incident happening in the world I doubt we can see a close to the ATH, maybe their will be coming  for 5 digits price but that would be temporarily happening so best for these days is to secure the profit we can get since all development regarding on bitcoins is so questionable right now. Economic recover takes time and it doesn't mean it will take effect on bitcoins to.

I think we could see a good price but as you said, it will not last for a long time.

With the long time not seeing a good price, I think people would be forced to sell their Bitcoins to get back their losses. We even saw that the price reached $10K and it doesn't last that long. Because of the pandemic, people are actually focussed on the price changes of Bitcoin since most of the stocks are affected and other investments too. We can't say that it will not be affected since we, investors will be the ones who will say if it is affected or not.
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June 10, 2020, 08:23:24 PM
 #96

I think in order for a bullish trend to appear and bitcoin to gain a foothold above 10k, some qualitative change in the ecosystem must occur. Halving is an ordinary (planned) event. Lightning has not been creating good news for a long time and its application is not as wide as expected. Bakkt was not a breakthrough due to the low interest of institutional investors. It is necessary to search/create something new.

Completely agree with you, mate. We need something new and fresh in order to attract serious investors into Bitcoin. Once money starts flowing on the market, we can expect BTC to reach new ATHs in a blink of an eye. Since development is more of the same, people are not that much interested in Bitcoin. Right now, Bitcoin's value is focused on usability more than anything else. In these times of need, it's been proven that Bitcoin is a resilient store of value. Maybe in the future, Bitcoin will get nifty features such as smart contracts and privacy-oriented transactions via the use of sidechains? For what I know, additional features on the BTC blockchain are not necessary or required for its success. After all, there are many altcoins out there on the market each with their respective features and use cases for the mainstream world.

My guess is that in 1-2 years from now, Bitcoin will be able to get past its latest ATH of $20k per coin. Crossing $10k seems much closer from becoming a reality than I've thought. I've seen that Bitcoin has reached $10k at times, only to go back to $9.5k in price. It looks to me that whales are pumping and dumping Bitcoin for short-term profits. This is normal, as it's the way the crypto market behaves. Once the real demand from people in the mainstream world begins, expect Bitcoin to go all the way to the moon. I think that the constant money printing by the US' Federal Reserve, will simply make Bitcoin more valuable over the long term. Fiat will continue to be debased leaving people with less purchasing power over time. That's not the case with Bitcoin today. I'm certain that BTC's limited supply will have a positive effect over its price in the long term. We just have to be patient in order to see great results in the future. Just my opinion Smiley

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June 12, 2020, 09:11:59 AM
 #97



What are your thoughts? Do you think Bitcoin will ever get past $10k? Huh

I'm very positive that it will reach the $10,000 mark, we are in a very different situation or scenario, the fact that Bitcoin is still moving up however slowly, is a hint that it is ripe to reach the $10,000 level, I like to wake that we finally reached the $10,000 mark, we have already reached it this year, so I have no doubt that it will can.
for this year, the price of bitcoin has reached more than 2x the price of $ 10k. however, it did not last long. at this time, I still believe that the moment will return. it's just that, I can't yet think of its stability. I feel that the price of bitcoin will be stable above the price of $ 10k when the price has reached a price of $ 11k.

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June 12, 2020, 09:16:12 AM
 #98



What are your thoughts? Do you think Bitcoin will ever get past $10k? Huh

I'm very positive that it will reach the $10,000 mark, we are in a very different situation or scenario, the fact that Bitcoin is still moving up however slowly, is a hint that it is ripe to reach the $10,000 level, I like to wake that we finally reached the $10,000 mark, we have already reached it this year, so I have no doubt that it will can.
for this year, the price of bitcoin has reached more than 2x the price of $ 10k. however, it did not last long. at this time, I still believe that the moment will return. it's just that, I can't yet think of its stability. I feel that the price of bitcoin will be stable above the price of $ 10k when the price has reached a price of $ 11k.

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.

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June 17, 2020, 07:18:39 AM
 #99

One of the questions that had been bugging me.

$10k is just there, a little bit of push and BTC will reach it but yet a wall is stopping it.
Yups we have been there for how many times this year only but did not stayed even for a couple of days.
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$12k is what I thought to be the next new bottom. It didn't happen.

Yeah, patience will be the answer.
Waiting for Covid-19 to end and then letting the halving to marinade.  Grin


All of us hopes the same that the cure or vaccine of covid19 will finally invested and people will go back to normal.

In that parameters for sure crypto market will finally taste the effect of Bitcoin Halving.
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June 17, 2020, 12:37:24 PM
Last edit: June 12, 2023, 03:05:15 AM by STT
 #100

Present action has it keeping lows above 50 day average and also rising while doing that, I'm expecting a fall but the fact is the price continues to be quite stable on a possibly rising trend.   My speculation is its getting squeezed and running out of time but I could be wrong.



I think we push past the blue line like yesterday and get as far as the yellow line below, the idea being we have to revise lower pricing before we can regain prices such as 10k and above.   Not that I dont think BTC cant go higher but a stable base after prior rises, taking profit and taking speculators like air out of the price would consolidate BTC price.

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