Quote from: sunsilk on June 28, 2020, 05:41:18 PM

Quote from: Ranie on June 28, 2020, 05:02:09 PM

There is no real indication that the price will shoot to 10k any time soon. The graphs are not showing it, the volume is not showing it. If anything, the price will only come crashing below 9k. It did already going far as 8.8k. Talking of a long term, yes we can witness that upward movement. But for now, I think it's going to hover around 9.3k and below

With the current several days that we have, it had to go $9100 and then recovered a bit $9300. I think for the next days it will show the same pattern just like 5 days ago.

But base on the most recent for its chart, there's a potential uptrend. This looks favorable to those that have bought when it reached under $9000 or even at $9000 level.

Indeed. It seems the price will not go anywhere except for up and down for that level price. But we hope that everything will change this week, and that can give time for bitcoin price to increase and break $9,200 again. If we take a look at the chart, we can see the order price at the market does not move too fast and tends to slow to move up and down. I guess that it seems bitcoin price is waiting for something we don't know because the price is still not going to go up or down too high or low.

But for a long term target, I am sure that bitcoin price will have a chance to back to $10k, and whether it will happen this year or next year, I think people will not have a problem waiting for that.