Quote from: magneto on April 27, 2018, 06:05:13 AM

Quote from: Coolcryptovator on April 24, 2018, 04:09:32 PM

Bitcoin is now on up trends . What you think , Bitcoin will hit 11k by next week end? I think so . At least Bitcoin should cross 10.5K by next week.

If $10k is hit, then I'd say that there is a pretty big chance that we're going to see $11k very soon.

However, the resistance at that zone is very strong as well, and we don't know if we are able to breach that level within the week or not. We already saw yesterday that prices went down under $9k following the huge pump up to around $9.5k, which is where it adjusted. Bitcoin might see a pretty sizable correction if we retest and fail to reach the 5 digit mark.

So I'd say that there is every chance that bitcoin will hit $11k by next week or w/e, but it solely depends on whether this pump keeps going and breaks through price resistances, which is entirely unknown at the moment.

Yeah, The only resistance that is actually going to stop us from hitting 11k is 10k and the only thing stopping us from hitting 12k is 11k. This would be some pretty big resistances to watch out for anyway as we keep going further when the market retraces from this correction. I am still very doubtful that we can get anywhere near 12k, but anything that surpasses it would obviously result to a big rally but there is just this feelings like it is pretty much too early to ask for.