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Author Topic: Is Bitcoin Price Finally Ready for Breakout Above $10,000?  (Read 4709 times)

Offline SRShanuka2020

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Is Bitcoin Price Finally Ready for Breakout Above $10,000?




The price of Bitcoin (BTC) had seen a substantial rally before the halving, as the price topped at $10,100. Since then, the BTC price has been hovering inside a sideways range between $8,200 and $10,000.

However, are the markets making itself ready for a breakout above this crucial resistance? Bitcoin is showing strength, but other cryptocurrencies like Ethereum’s Ether (ETH) and Cardano (ADA) are also showing strength with double-digit performances in the past week.

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Offline Coin63@

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Re: Is Bitcoin Price Finally Ready for Breakout Above $10,000?
« Reply #1 on: May 31, 2020, 08:00:56 PM »
Obviously bitcoin will break 10k boundary in the next month june... Some predictions, bitcoin halving may occur in mid june or July. So i can see its precondition already and Ethereum already breaks its highest pick and bitcoin is still contracting 10k boundary.

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Re: Is Bitcoin Price Finally Ready for Breakout Above $10,000?
« Reply #2 on: May 31, 2020, 10:42:24 PM »
Bitcoin price has survived at $9k above for several days, even weeks. It seems that many investors still have good interest and the demand of Bitcoin in the market looks good. This is a good sign for Bitcoin to break the next level and indeed the next target is to pass $10k. I assume the next month will be the perfect time for Bitcoin to start achieving $10k. So, let's see how the improvement of Bitcoin price in the beginning of June 2020. If it seems to have a positive sign for the next improvement, I am pretty sure at the end of this year the Bitcoin price has a chance to reach $15k.
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Re: Is Bitcoin Price Finally Ready for Breakout Above $10,000?
« Reply #3 on: May 31, 2020, 10:55:03 PM »
At least, the price didn't drop for many years, then it has a chance to rise up again. If we looked at the price of Bitcoin in the last few days, it showed us the signal of upcoming rising up. However, we don't really know whether it can be true or not. I just view this from the possibility.

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Re: Is Bitcoin Price Finally Ready for Breakout Above $10,000?
« Reply #4 on: June 01, 2020, 01:25:27 PM »
I think the price of Bitcoin this week will break the mark of $ 10k. Because it seems to me that bulls will come soon and the price will be even higher.
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Offline Cryptoz

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Re: Is Bitcoin Price Finally Ready for Breakout Above $10,000?
« Reply #5 on: June 01, 2020, 11:41:04 PM »
I really hope so. So far, the price is at the rate of $9,5. If the market is still stable and there is always positive trend without any negative issues again, hopefully this month in June it can reach $10k. But, who will ensure it? Nobody
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Re: Is Bitcoin Price Finally Ready for Breakout Above $10,000?
« Reply #6 on: June 02, 2020, 11:52:17 AM »
Well, what the bullish come soon? or late? I don't know about the answer.

The people said. " In 2020 BTC will hit over 30K or more".

Can I believe it?

How about you?
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Re: Is Bitcoin Price Finally Ready for Breakout Above $10,000?
« Reply #6 on: June 02, 2020, 11:52:17 AM »


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Re: Is Bitcoin Price Finally Ready for Breakout Above $10,000?
« Reply #7 on: June 02, 2020, 12:04:09 PM »
At this time, bitcoin has been breakout of 10,000, now it is the turn to see how much bitcoin moves with bounce.

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Re: Is Bitcoin Price Finally Ready for Breakout Above $10,000?
« Reply #8 on: June 02, 2020, 04:05:06 PM »
Is Bitcoin Price Finally Ready for Breakout Above $10,000?




The price of Bitcoin (BTC) had seen a substantial rally before the halving, as the price topped at $10,100. Since then, the BTC price has been hovering inside a sideways range between $8,200 and $10,000.

However, are the markets making itself ready for a breakout above this crucial resistance? Bitcoin is showing strength, but other cryptocurrencies like Ethereum’s Ether (ETH) and Cardano (ADA) are also showing strength with double-digit performances in the past week.

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As I expected to happen, the bitcoin price value in the market was already surpassed or overtake 10,000$
Therefore, because of these things, it means we are now in the bullish season where most of the bitcoin holders are now
smiled because they knew that their waited time has now finally come, but of course, we need to see and look what's
that gonna be happen in the market.
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Offline mlawson71

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Re: Is Bitcoin Price Finally Ready for Breakout Above $10,000?
« Reply #9 on: June 04, 2020, 03:50:04 PM »
Apparently it was quite ready to do so after all.

Offline wahyudi

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Re: Is Bitcoin Price Finally Ready for Breakout Above $10,000?
« Reply #10 on: June 05, 2020, 02:16:15 AM »
The 6-hour chart shows a clear boundary-bound structure since the high at $ 10,100.  The market shows collapse before Halving Bitcoin (ie buying in a rumor situation, selling when there is news), after which prices stabilize and consolidate.
This graph shows details of a rise in wedge at $ 9,800, after support was found at $ 8,600.  That's important, because it shows other lows higher.  An important fact is that the market has provided these higher lows since it broke down on March 12.

Offline Altcoin1998$

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Re: Is Bitcoin Price Finally Ready for Breakout Above $10,000?
« Reply #11 on: June 05, 2020, 12:14:25 PM »
When you made this post, then bitcoin price under 10k but after posting your post bitcoin already broken 10k marks. But now bitcoin again under 10k.
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Re: Is Bitcoin Price Finally Ready for Breakout Above $10,000?
« Reply #12 on: June 05, 2020, 02:36:25 PM »
Big players and manipulators do not want to raise the price of bitcoin above 10k$ at the moment and unfortunately it is not clear because of what, but I think in the near future, namely at the end of 2020 or in 2021, bitcoin will overcome 10k$.
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Offline Prime

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Re: Is Bitcoin Price Finally Ready for Breakout Above $10,000?
« Reply #13 on: June 05, 2020, 11:58:50 PM »
I doubt that Bitcoin can pass $10K soon because it seems to drop today. It isn't a good sign but it is in the fact. The current trend in the Bitcoin price isn't really good as it just survives around $9K. I hope it can move to $10K this month.
« Last Edit: June 06, 2020, 07:51:18 PM by Prime »
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Re: Is Bitcoin Price Finally Ready for Breakout Above $10,000?
« Reply #14 on: June 06, 2020, 02:13:35 PM »
This condition is now better and many countries start to normal. The spread of the Covid-19 virus has a great impact. Especially the world economy is experiencing a very sharp decline. Cryptocurrency trading has also decreased. But when the condition is already normal, I think the price of Bitcoin can return to $10,000.

In the situation of virus spread Covid-19 Bitcoin Price declined in the last month. But Bitcoin is able to pump back. This shows that people are increasingly interested in crypto-trading.
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