Bitcoin price 11/05/2019. What's next? Bulls or Bears ?

[Twincaret]

I have a simple eternal question, which, however, concerns almost all of us: Will the uptrend continue? I expect the price for bitcoin to be within 9.5 - 10K by the end of this month(!). The fact is that many hoped for a correction and planned to purchase at the level of 4 - 4.3K. But now it is clear that the whales will not allow to do this. I'm interested in your opinion, brothers and sisters: where do we go, what do you think ?

[tonymillions84]

8 or 9k before month end is uncertain. you are right when you said so many investors were waiting to buy at 4.5k but were outsmart by the huge sellers. that is the market for you. it always sway the other way round.   getting to 9k might be Auguest. i think it is too early to hit 9 this month end.

[Twincaret]

8 or 9k before month end is uncertain. you are right when you said so many investors were waiting to buy at 4.5k but were outsmart by the huge sellers. that is the market for you. it always sway the other way round.   getting to 9k might be Auguest. i think it is too early to hit 9 this month end.

Almost all traders expected W-pattern, and tech analyze show it, but now we have seen U-pattern. I don't think  BTC return to the bottom, flat - as a vary. And besides, all altcoins is already on the bottom. So, waiting and will see. thanks for your opinion !

[I-Bit]

I assume the Bitcoin price will decrease again after several days having a high increase. But I think it shouldn't go down below $5,000. By the way, I am confident that the Bitcoin price can reach more than $8,000 before the end of this month. But I am not sure it can go up to $10,000.

[Melon]

if in my opinion, now the price of bitcoin is also experiencing a good trend this year, so I'm sure the price of bitcoin in a short time will also experience a higher increase than the current increase.

[comer]

The whales are now pumping the price. The movement is obviously going upward. I believed this will continue till the year-end.  This is the perfect time to recover our losses from previous year wherein bear markets dominate throughout the year.  It's time to tighten even more our holdings and wait for the perfect time for our financial gain.

[Twincaret]

The whales are now pumping the price. The movement is obviously going upward. I believed this will continue till the year-end.  This is the perfect time to recover our losses from previous year wherein bear markets dominate throughout the year.  It's time to tighten even more our holdings and wait for the perfect time for our financial gain.

Yes, I also have high hopes for this year. I come in crypto at the beginning of last year and it was not the most successful time to do it. Now the market is going against big players and we have a chance 

[dragononcrypto]

I don't see $4k or $5k being ruled out personally, even $3k. When Bitcoin doubled from $6k to $12k last year people believed we would never see $6k again, but in the end we obviously saw much lower than this. I think the whales will be the ones to push the price back down to support levels, they aren't the ones fomoing at the moment I don't believe, that would be the retail investors, whales are taking profits right now imo, as they bought low to sell high.

Just because panic selling below $6k was unnecessary, it doesn't justify buying above $6k right now in my opinion. Buy low, sell high.

[Alcor]

We see that the price of Bitcoin now continues to rise well and now it, having reached almost $ 7,500, has dropped to almost $ 7,000 for a temporary correction. However, I think that it will continue its growth and by the end of May it will be able to reach 8000 - 8500 dollars. However, by the end of this month, Bitcoin is unlikely to be able to reach the price of $ 10,000. This will be his task for the next month.

[ZionRTZ]

I have a simple eternal question, which, however, concerns almost all of us: Will the uptrend continue? I expect the price for bitcoin to be within 9.5 - 10K by the end of this month(!).


The fact is that many hoped for a correction and planned to purchase at the level of 4 - 4.3K. But now it is clear that the whales will not allow to do this. I'm interested in your opinion, brothers and sisters: where do we go, what do you think ?

How did you come up with a conclusion that "now it is clear that the whales will not allow to do this."? Do you have some whale insider info? 

I am looking forward to BTC going back to $10K but not a $3K increase in two weeks. It may happen but I hope it won't. We don't want another quick rise and then another quick dump to follow.

[sirty143]

I think it's bull... it started since last December 2018. "Analyst: Bitcoin is Now Firmly in Bull Market Territory, Which Means Traders Should Start Buying Dips." More here...

[Cutter Cute]

I think it's bull... it started since last December 2018. "Analyst: Bitcoin is Now Firmly in Bull Market Territory, Which Means Traders Should Start Buying Dips." More here...

This is good news, it's time to buy and hold this coin until the price is high like 2017, I think in May the BTC price will reach more than $8k, at this time BTC prices continue to rise and look blue in all crypto markets.And I think investors already understand what they have to do after Bitcoin Prices Rise, who knows what will happen in the end of 2019, I expect BTC prices to be higher than 2017

[Bobcrypto]

In a nutshell, i think the bull run has started, current price as at the of time writing this post (9:50 am GMT-13/05 2019 ), bitcoin is trading at $8146. Bitcoin may hit $10000 by the end may 2019.

[Tiana1]

I can sense the bull run already with the uptrend in bitcoin price. This is the time to hold and recover all losses from previous years. We just hope it continues to rise. At the moment, it's $8136, we won't be surprised if it hits 9k$ before the week ends

[Zed0X]

I assume the Bitcoin price will decrease again after several days having a high increase. But I think it shouldn't go down below $5,000. By the way, I am confident that the Bitcoin price can reach more than $8,000 before the end of this month. But I am not sure it can go up to $10,000.

Halfway thru the month and it already broke $8K. I'm reading some news about bakkt and ebay accepting crypto that so I would not be surprise if it goes to $10K by the end of the month or by early next month.