Will Bitcoin ever get past $10K?

[Abiky]

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?

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[jossiel]

I've taken a look at the chart of 2016 halving and comparing it to 2020 halving, I think it's going the same. The price didn't fall that much and instead, it remained stable until several months have passed.

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

I think so.

I'm longing bitcoin and that's why I think it will be there again in no time.

[DeathAngel]

Sorry OP but I think it’s a ridiculous question. Of course we’ll get past $10,000, stop being so impatient. It was the same in 2016, the halving is always a non-event, it takes a long time for the effects to take place.

2021 is the year we really fly up though.

[Leviathan.007]

Sure it will. But, takes time.
Back in 2016 on second halving none could ever imagine bitcoin trading for 15000 USD on 2017. but this happened.
Check my post here: https://bitcointalk.org/index.php?topic=5226701.msg53903967#msg53903967 (BTC/USD Long-term analyze)
and compare the 2020 halving to the 2016 halving. You will understand everything.
Just like second halving the price will start downtrend movement and then we will see a uptrend on next year or last weeks of the current year.
I can't understand some new people worrying about the price. But, if you bought Bitcoins for a long-term or mid-term investment just HODL and wait for the uptrend.

[kawetsriyanto]

As long as there is no huge dump in Bitcoin price, no need to worry about it when it reaches $10K. It should achieve $10K but still needs time and progress. Halving has just happened several days ago, don't too rush to expect another bullish. If you learned the previous halvings, it also didn't bring an effect on the price suddenly. Even there was a decline after the halving, yes it is very possible to have a correction in price. Moreover, before halving, we have seen a bullish or big increase in Bitcoin price. Personally, I think the price will move up after the next several weeks or even months. So, just wait for the time while keeping our Bitcoins.

[hulla]

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.

Normally, bitcoin halving effect dont usually take over crypto asap but as you said bitcoin reaching a new ATH seems to be challenging and the reason why the dump immediately when approching the $10K price could be the manipulation of the whales or mining difficulty level but it too early for us to know what actually make the market swing between $9K - $9.8K.

[Sendoku]

As long as I've been on this godly forum or crypto twitter shthole for that matter, I've never seen a good explanation to what and why happens on the market. I'm sure it's not a sophisticated way of thinking about it, especially if you trade (I don't btw) but at this point BTC is a matter of faith and patience to me

[pakhitheboss]

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?

Actually Bitcoin is performing way better this time if we compared it with 2016 halving. It is looking stable and has been maintaining 9k to 9.5k price range. Considering the global economic situation it is performing way better than the stock markets.

So keep on holding and start accumulating more as Bitcoin is still below 10k. It will surely go beyond 10k but no one knows when.

[ultrloa]

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?

Actually Bitcoin is performing way better this time if we compared it with 2016 halving. It is looking stable and has been maintaining 9k to 9.5k price range. Considering the global economic situation it is performing way better than the stock markets.

So keep on holding and start accumulating more as Bitcoin is still below 10k. It will surely go beyond 10k but no one knows when.

Every halving year have different movement but  we always see positive side whenever this occur and I see it performing by maintaining at the current price so maybe after the stability we may see a price pump and reach to $10k we might not know on when this gonna happen but for sure this is 1 step closer coming.

Stock market is aching right now due to economic upset so for sure those people trading stocks who knows bitcoins will go here since it gives promising profit while there stocks is badly bleeding.

[carlaca]

I take advantage of the post to ask if it is a good time to buy bitcoin ?. Thank you

[shield132]

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?

I guess bitcoin still did an amazing job when it's price didn't fall during Covid pandemic. Bitcoin proved again that it's better than fiat currencies, especially in situations when we really need currencies' stable or growing value and not rapidly falling one.
I don't think we need to wait until everything goes back to normal because that won't happen soon and we will need some years to recover from upcoming higher economic crisis. If you mean relaxing of restriction in "going back to normal", then that will happen soon.
There wasn't any significant price rise for a while during last halving that occured in July of 2016. So I feel positive at the moment.
To sum up, bitcoin didn't fall during pandemic and keeps stable price after halving, right now I think bitcoin is doing very well and to be fair surpassed my expectations.

[cafetools]

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

[Wysi]

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

Very less number of people would do that, probably the long term investors as most of the users in this forum are looking for monetary gain occasionally that's the reason there is a huge chaos whenever there is a pump or dump. I just hope Bitcoin remains immune from the ongoing pandemic wherein we have already had enough number of negative posts in the wake of COVID.

[btc_angela]

I take advantage of the post to ask if it is a good time to buy bitcoin ?. Thank you

The golden rule is to buy during dip.


As for the $10k, yes, it looks like this is a big wall in front of us. We have breach it though, but the problem is that, we didn't sustained the run and the price keeps stalling around the $9k barrier. Although we have a minor correction in the last two days, it looks like we are green again. So bulls are going to make a push to 5 digits, perhaps it is just a matter of time. There could be some news in the future that might help the cause to reach $10k, who knows.

[Yamifoud]

Don't forget that we even reach almost $15k early this year and that's not possible that we hit back again at $10k or even more.
Besides, we are rallying at $9k-$9.5k, quite a few more steps will surpassing the $10k but kinda not so easy, and seeing the resistance is really not strong enough to push it. We could think that there is price manipulation happening around.

But anyway, halving isn't yet showing a positive market response. Let see how the market looks like one month after halving.
And possible that we gonna hit the wall once again.

[GreatArkansas]

This is what it looks on the chart.
Started around February 2020 when we reached above $10,000 and fall after it, we always touching $10,000 or almost of it yet falling down again.
So, we will consider the $10,000 level is strong resistance there that Bitcoin need to break.
For sure, once we will able to break it again and stay there for weeks, we can see again the $13,000 or above just like what happened in 2019.

[Viscore]

I am confident bitcoin will get past $10k again this year, though we can see that the hype is already over but based on the past trends,  bitcoin is bullish post halving. We might see a lot of price movement, a possible pump and dump again but in overall the market should be bullish.

With people thinking of investing more than using bitcoin for transaction, I guess it will help a lot.
And though we never really know, but let's just predict here based on our instinct, and my instinct says bitcoin will rise.

[rodskee]

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.

Obviously this is the result of the spreading virus and declared as Pandemic so maybe we may consider letting
the market make its way to whatever meant for this moment because the economic
crisis is the witness how hard people can provide money now and surely
they prioritize finding Food before any investment thing.

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

There are Barricading happens couple of times now and not letting Bitcoin passed even $9,900 mark so for me?
it will be harder to taste 10k$ again this quarter.


But the world is now starting to recover and the spread of virus is slowing,meaning in the next months we will
see some light so lets see in 3rd quarter what will happen.

[Oasisman]

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

I know you sound sarcastic but that's ridiculous  , you might be missing a lot if you're planning to do that. 5 years is long enough to see a lot of changes, you might not be able to sell at the peak before 5 years, or worse case scenario, you'll miss the ATH and will wait for another year to reach your price appetite base on the price history in a span of 5 years.

Still the best strategy IMO is to just hodl when you're totally uncertain about the events that could affect the price movements.

[Finestream]

Definitely, I believe we will ever see that again this year, actually I my prediction this year is that bitcoin will stay at $10,000 or over by the end of the year.
I even though that with the halving that happened this year it will bring some bullish sentiment and it seems like in the past few days, bitcoin is always bouncing back everytime it's dump.

There's no hype going forward but a lot of experts believe that 2021 is gonna be a good year for bitcoin which I agree if we will see more dominant uptrend this year and I am betting on that to happen. So my bet is at least $10,000 this year -