When we will see $12k Bitcoin once again?

[Lasky366]

This looks like a C & H Pattern in BTC Chart.If BTC make handle then it can take a correction upto $9500.After that it can move into sideways for a while & it will be good for $ALT if $BTC takes sideways movement.There are two strong level at $10k & $10.5k.If BTC able to break this two shackle Once again we could see $11.5k to $12k Bitcoin After 2019🌚


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[1715504369]

1715504369

[Fundamentals Of]

Not a question of "could we?" but a question of "when?"

This is certainly happening within the third quarter of this current year. We are now past $10,000. This rise might be going on for quite a while approaching $11,000 or even $12,000. If not, then a quick correction is happening before another rise that might finally hit $12,000.

[Lasky366]

Not a question of "could we?" but a question of "when?"

Thanks! I made my correction of the title.  

[royalfestus]

Not a question of "could we?" but a question of "when?"

This is certainly happening within the third quarter of this current year. We are now past $10,000. This rise might be going on for quite a while approaching $11,000 or even $12,000. If not, then a quick correction is happening before another rise that might finally hit $12,000.

August will be pivotal to the rise. Altseason could have started, which could lead to decline in dominance of bitcoin even with its minimal price in coming weeks. I never understand how ethereum was meant to lead this market this time and this is the reason I wont encourage trust in some bitcoin maximalists but the realists in the space that are more about making money not engaging in contention.

[Free1bitco.in]

I quite believe that when the price of bitcoin reaches $ 10k, there will be higher price speculation. Well, I also expect that and hope this year even reaches a price higher than $ 13500. however, bitcoin has just reached the price of $ 10k, so we need to see the developments that occur. if the pattern of rising prices goes up continuously, I feel that we will not wait a long time to see the price of $ 12k.

[jackg]

I'm beginning to think, if we break above 10.5k the next target we should be aiming for is 16k on a longer Timeframe.

There looks to me what could be a falling wedge or symmetric triangle (based on what points you take along it since the start of 2019 (but I don't draw lines - I look)...

Edit: don't trade on this as it could be a fake out - but if the price consolidates in the 10-12k regions for a while it might be helpful. it might be useful. If it is a fakeout, the most likely scenario is a continuation down to 2.5-3k lol.

[bitbunnny]

This is very funny. First we have topics all the time with theme when Bitcoin price will cross 10000$. Once this happens questions like when will price cross 12000$ or 15000$ begin.
First it's hard to tell if this will be growth for a longer period of time or another correction will come soon like it happened often this year. So, let's wait for a while before we start talking about higher price levels.

[TopTort777]

This is very funny. First we have topics all the time with theme when Bitcoin price will cross 10000$. Once this happens questions like when will price cross 12000$ or 15000$ begin.

True. The price has just crossed $10k barrier and people already asking about $12k. Im sure same people will immediately create topic “when 15”, if the prices crosses $12k.

When will people understand that bitcoin can not just grow by itself and show the growth all the time...

[Botnake]

This is very funny. First we have topics all the time with theme when Bitcoin price will cross 10000$. Once this happens questions like when will price cross 12000$ or 15000$ begin.

True. The price has just crossed $10k barrier and people already asking about $12k. Im sure same people will immediately create topic “when 15”, if the prices crosses $12k.

That's what traders do, as you can see, OP showed a graph and explain it based on his opinion.
Expect that more people will even create thread similar to this as the market is getting bullish, and that is a good sign as it could help the readers to be convince that the crypto market is now bullish and might rise more.

When will people understand that bitcoin can not just grow by itself and show the growth all the time...

Bitcoin will grow when people are investing, that's it, but what OP is showing here is definitely just a short term movement in the market and it's quite relevant as bitcoin always have some surprises that it could even pumped significantly in hours or in a day.

[TopTort777]

But why did he draw this red line going up? He could have drawn it down and ask when will we see 7k again?
I dont think we would see 12k this year. Just wait for an autumn and covid will strike on world economy with new wave. Once again the prices would go down...

[maydna]

We will see $12k soon, and I am sure that the bitcoin price will be more than $12k. Perhaps, we will see it in the next months because we have more time to see that will happen. The next question is, can you have more patience to wait for that price? If the answer is yes, I think you should wait for the price to increase step by step because that is what we see. But you need to realize that bitcoin price can be back to the lower price after reaching the high price, so make sure you can sell your bitcoin at the right time.

We should enjoy this moment because, finally, the bitcoin price can back to $10k. After all, we are waiting for months to see that price. So if you want to sell bitcoin now, you can use this time to make your profit.

[jossiel]

If BTC able to break this two shackle Once again we could see $11.5k to $12k Bitcoin After 2019🌚

Hi Lasky, 2019, or 2020?

Just seen $10200 and as the usual move of bitcoin, it swayed back to $10100 and it's still a good price obviously as it's just under $9500 a few days or week ago.

We will definitely see $12,000 again. I guess we're seeing the effect of halving earlier or this is now the result of dollar injection in the economy and the DeFis rush.

[Coin_trader]

If BTC able to break this two shackle Once again we could see $11.5k to $12k Bitcoin After 2019🌚

Hi Lasky, 2019, or 2020?

Just seen $10200 and as the usual move of bitcoin, it swayed back to $10100 and it's still a good price obviously as it's just under $9500 a few days or week ago.

We will definitely see $12,000 again. I guess we're seeing the effect of halving earlier or this is now the result of dollar injection in the economy and the DeFis rush.

There is no major news as of now in both bitcoin and Defi. I think this sudden pump is just a normal price recovery since the bear are already exhausted @9000$ level. The RSI also shows that BTC are already oversold since last week and the break @9500 confirmed the trend reversal although I'm not expecting much this time because BTC are changing price at range of 9000 to 10,000 for over 3 months. A strong closed above 10500 will secure more price movement above.

[Lasky366]

If BTC able to break this two shackle Once again we could see $11.5k to $12k Bitcoin After 2019🌚

Hi Lasky, 2019, or 2020?

Hello,I was meant that we are probably going to see $12k bitcoin after year of 2019.Because if I not wrong last time BTC was touched $12k at 2019.

[Onuohakk]

$12k is just a small amount for me, i expect bitcoin to go above $12k before the end of Q3 of the year. Crypto market is getting bullish, can't wait to see what happens if altcoin follows bitcoin movement price.
As it stands now, bitcoin price won't fall below the price $9k again until the bull run starts fully

[exstasie]

This looks like a C & H Pattern in BTC Chart.

Too early to say since there is literally no handle yet.

It would make sense though. With $10.5K being such an important technical level, bears will likely attempt a selloff soon. There was also a weekly gap left on CME Bitcoin futures at $9,615 so it wouldn't be a surprise to see that gap filled.

All in all, things are looking bullish, but nothing is confirmed until that $10.5K yearly resistance is cleared with authority.

[jossiel]

If BTC able to break this two shackle Once again we could see $11.5k to $12k Bitcoin After 2019🌚

Hi Lasky, 2019, or 2020?

Hello,I was meant that we are probably going to see $12k bitcoin after year of 2019.Because if I not wrong last time BTC was touched $12k at 2019.

Ok, I get it. I remember the good run during last year.

If BTC able to break this two shackle Once again we could see $11.5k to $12k Bitcoin After 2019🌚

Hi Lasky, 2019, or 2020?

Just seen $10200 and as the usual move of bitcoin, it swayed back to $10100 and it's still a good price obviously as it's just under $9500 a few days or week ago.

We will definitely see $12,000 again. I guess we're seeing the effect of halving earlier or this is now the result of dollar injection in the economy and the DeFis rush.

There is no major news as of now in both bitcoin and Defi. I think this sudden pump is just a normal price recovery since the bear are already exhausted @9000$ level. The RSI also shows that BTC are already oversold since last week and the break @9500 confirmed the trend reversal although I'm not expecting much this time because BTC are changing price at range of 9000 to 10,000 for over 3 months. A strong closed above 10500 will secure more price movement above.

Probably. We've been in tough days last March so this could be the opposite of that bearish trend for that month and you are right on that. So that's the next goal for all of us, to wait for the closing of bitcoin to $10,500.

[buwaytress]

Not a question of "could we?" but a question of "when?"

This is certainly happening within the third quarter of this current year. We are now past $10,000. This rise might be going on for quite a while approaching $11,000 or even $12,000. If not, then a quick correction is happening before another rise that might finally hit $12,000.

Still a "could we" for me. Here to at least $11200 is a really wide area for easy profit-taking, especially for those waiting months to do so, and with the knowledge that the second wave of global economic meltdown yet to come (now that, for me, is not "could" but "when").

Would prefer this retracement from profittaking to happen soon, though staying this remainder of the month just above 10k would also be seen as a sign of strength.

[LUCKMCFLY]

The $ 12k view on Bitcoin really strikes me as very appropriate, in fact, by reviewing the volume of Bitcoin on various exchanges, it is quite possible that I can make that good leap, I see that a bullish move is likely to occur than a bearish move, also taking into account the amount of time the side price has been, it is possible that a liquidity zone has been created to resist any attempt to fall.

[Oasisman]

The $ 12k view on Bitcoin really strikes me as very appropriate, in fact, by reviewing the volume of Bitcoin on various exchanges, it is quite possible that I can make that good leap, I see that a bullish move is likely to occur than a bearish move, also taking into account the amount of time the side price has been, it is possible that a liquidity zone has been created to resist any attempt to fall.

Bitcoin's volume is really increasing as it's noticeable since the last couple of days, and yeah we're more likely entering a bullrun. Though just like everybody, nothing's so sure, but at least no sign of being bearish since Btc was hovering around the $9,000 level.
If Btc touches the $10,500 level, I have a feeling It will break through $12,000.
I'm not sure but I guess people are putting their money on the assets that were considered as safe heaven, since Gold are also rising.