Post
Topic
Board Speculation
Re: Bitcoin may continue to move higher
by
mayokaren
on 08/06/2018, 13:28:18 UTC
Looking at the chart, it seems like the price could accelerate gains above the $10,000 level. Above this last, the next stop for buyers could be $10,800 and $11,000 in the near term.

•Bitcoin price is trading with a positive bias and it currently placed nicely above $9,500 against the US Dollar.

•There is a major bullish trend line forming with support at $9,600 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).

•The pair remains in an uptrend and it may well break the $10,000 level and settle above it.

Bitcoin price is gaining momentum above $9,500 against the US Dollar. BTC/USD is likely to accelerate higher above the $10,000 and $10,500 levels in the near term.

In the coming days, We’ll see some nicely placed prices in the chart.
It seems that your prediction is far from the current market trend as the price goes down and not able to sustained rhe resistance at $10k mark. Maybe this month it could go that way. Let's see what will happen.