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Topic: $1,800 or $7,000 Which comes first as we go forward? - page 2. (Read 1370 times)

newbie
Activity: 90
Merit: 0
Its a long way to 7k, and the long way to 1.8k as well.
Imo, upside potential is much higher than downside. It will not loose that much (50% as of now), so I bet for 7k in a long term run (6 to 12 month).
hero member
Activity: 1470
Merit: 509
I am anxious to see how the market will react to the November fork and if everything goes according to plan then we might see a rally ,there is a possibility of yet another split in the network and i am not sure how people will take that since we already saw a split earlier and how much support each gets are all factors to take into account predicting the future performance of bitcoin,so these are uncertain periods as the market could go either way.
In the long term i am sure it will break records but i am not sure about it in the short term.
As a long term investor, I do not worry too much but I confess this is hard not to look at the price every week, so last 2 weeks are a bit depressing. But mid term I am confident Btc gets back to 5000 dollars before January.
Good, you have a target reasonable, it does not make I feel hurry or speculative when invest into Bitcoin. Next year the price of Bitcoin can be better than this year, because we will have many change in the cryptocurrency market on the world.

Considering current pullback it is better to wait for low prices.I always look for better opportunities in terms of price to hit my investing goal.But for long term you can accumulate from this levels, you will be in advantageous situation no matter how deeper prices will go.
sr. member
Activity: 518
Merit: 250
I am anxious to see how the market will react to the November fork and if everything goes according to plan then we might see a rally ,there is a possibility of yet another split in the network and i am not sure how people will take that since we already saw a split earlier and how much support each gets are all factors to take into account predicting the future performance of bitcoin,so these are uncertain periods as the market could go either way.
In the long term i am sure it will break records but i am not sure about it in the short term.
As a long term investor, I do not worry too much but I confess this is hard not to look at the price every week, so last 2 weeks are a bit depressing. But mid term I am confident Btc gets back to 5000 dollars before January.
Good, you have a target reasonable, it does not make I feel hurry or speculative when invest into Bitcoin. Next year the price of Bitcoin can be better than this year, because we will have many change in the cryptocurrency market on the world.
sr. member
Activity: 532
Merit: 250
Please make a prediction for BTC, not a preference:
$1,800
If the current Bull market is over, history says it will take years to rise again and the bottom will be well below $1,800.
Of course, well established patterns can be broken, but the collective behavior of "Real People" tends to be predicable.

or $7,000
A solid blast above $5,000 will signal the "trend-followers" that the party is still going and $7,000+ should come within a short time.

This could take a while, so unedited posts are entered to win the huge prize that comes from knowing you were correct.
$1,800 or $7,000: Which comes first as we go forward?

If the November fork goes well -> $7000 will come first. Would not even be surprised if the price turned out to be much higher than $7k. The relief people get with a good fork is enormous and drives markets up so much(take for example august when btc price nearly doubled because of the august 1 events).

If not then $1800 would probably come first. But that won't happen this year.

Maybe we won't ever reach sub $2k levels again. We'll just stay in between $2k-$4k until next halving and neither of the two options is fulfilled.
full member
Activity: 196
Merit: 109
I am anxious to see how the market will react to the November fork and if everything goes according to plan then we might see a rally ,there is a possibility of yet another split in the network and i am not sure how people will take that since we already saw a split earlier and how much support each gets are all factors to take into account predicting the future performance of bitcoin,so these are uncertain periods as the market could go either way.
In the long term i am sure it will break records but i am not sure about it in the short term.
As a long term investor, I do not worry too much but I confess this is hard not to look at the price every week, so last 2 weeks are a bit depressing. But mid term I am confident Btc gets back to 5000 dollars before January.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
I am anxious to see how the market will react to the November fork and if everything goes according to plan then we might see a rally ,there is a possibility of yet another split in the network and i am not sure how people will take that since we already saw a split earlier and how much support each gets are all factors to take into account predicting the future performance of bitcoin,so these are uncertain periods as the market could go either way.
In the long term i am sure it will break records but i am not sure about it in the short term.
hero member
Activity: 812
Merit: 509
I'll take which ever one will shut Jamie Dimon up. That nonsensical loud mouth is so transparent, I'm embarrassed for him. He's worried Bitcoin is a threat to his business. But his talk, regardless of how void of factual logic, is listened to and impacts adoption from mainstream investor folks.

Rant aside, I'll say $7,000. We're going up. This is the pause and the shakeout we've been waiting for.

>>> You should have made this a poll!

Well, me too absolutely hate Jamie Dimon. His daughter had the audacity to invest in bitcoin and actually made a profit for herself but her dad just shut her up and said that it is just a fluke, essentially.

However i believe the price climb is slowing down significantly. I do think that $5000 is going to be broken this year but $7000 would require so much more than just 1 single pump for us to get through.

There is a lot of uncertainty in the market, and therefore i think we'll only see $7k at next halving and between the halving there will be a chance to load up at less than $2k.
hero member
Activity: 1106
Merit: 638
I'll take which ever one will shut Jamie Dimon up. That nonsensical loud mouth is so transparent, I'm embarrassed for him. He's worried Bitcoin is a threat to his business. But his talk, regardless of how void of factual logic, is listened to and impacts adoption from mainstream investor folks.

Rant aside, I'll say $7,000. We're going up. This is the pause and the shakeout we've been waiting for.

>>> You should have made this a poll!
hero member
Activity: 812
Merit: 509
Please make a prediction for BTC, not a preference:
$1,800
If the current Bull market is over, history says it will take years to rise again and the bottom will be well below $1,800.
Of course, well established patterns can be broken, but the collective behavior of "Real People" tends to be predicable.

or $7,000
A solid blast above $5,000 will signal the "trend-followers" that the party is still going and $7,000+ should come within a short time.

This could take a while, so unedited posts are entered to win the huge prize that comes from knowing you were correct.
$1,800 or $7,000: Which comes first as we go forward?

Most likely the first option but before it is over i think we can still expect a few price rebounds. So instead of the price just going all downhill from here it is much more likely that the dump is going to happen bit by bit, with price rebounding at each dump.

I don't think it'll drop to less than $1800 this year though. Potentially next year or the year after.

Lowest we're going to go is probably around $2500 this year.
full member
Activity: 266
Merit: 100
Please make a prediction for BTC, not a preference:
$1,800
If the current Bull market is over, history says it will take years to rise again and the bottom will be well below $1,800.
Of course, well established patterns can be broken, but the collective behavior of "Real People" tends to be predicable.

or $7,000
A solid blast above $5,000 will signal the "trend-followers" that the party is still going and $7,000+ should come within a short time.

This could take a while, so unedited posts are entered to win the huge prize that comes from knowing you were correct.
$1,800 or $7,000: Which comes first as we go forward?
There is very little possibilities that bitcoin will go down to 1800 USD so if I have to choose 7000 USD will surely come first.
I am a solid bitcoin lover and investor, I believe in bitcoin.
hero member
Activity: 1666
Merit: 753
Please make a prediction for BTC, not a preference:
$1,800
If the current Bull market is over, history says it will take years to rise again and the bottom will be well below $1,800.
Of course, well established patterns can be broken, but the collective behavior of "Real People" tends to be predicable.

or $7,000
A solid blast above $5,000 will signal the "trend-followers" that the party is still going and $7,000+ should come within a short time.

This could take a while, so unedited posts are entered to win the huge prize that comes from knowing you were correct.
$1,800 or $7,000: Which comes first as we go forward?

Personally, I think that Bitcoin is still going to go up this year even though we are not probably going to make $7,000 to Bitcoin this year.

It is much more likely that we experience a pretty full on adjustment to the price before the next halving takes Bitcoin to the Moon once again. So therefore your sub $2,000 prediction is probably going to come first before $7,000 Bitcoin is seen.

Anyways I am still extremely bullish with a Bitcoin price and I believe that it is only a matter of time before mass adoption it goes and the price goes to the moon.
hero member
Activity: 700
Merit: 500
Massive price drop coming...
Only few people are telling that bitcoin can going to cheap price just like newbie out there are telling this they are not supporting bitcoin and they are just letting push and encourage other people to sell bitcoin so that they can buy bitcoin with a pretty good price.. instead of supporting and let bitcoin stay with the current price or let push it to reach until $7k because the price of bitcoin is getting more trending back again.. according to what i seen..
It is impossible to me to see the price can be hit $1,800 that price is low impressions like we experience before but right now we are getting more impressions and more people are getting interested.
legendary
Activity: 1610
Merit: 1183
Here we go again, trying to make a correlation between bitcoin's price history and some conventional traded assets in stock exchange.

No matter how many indicators we use on trying to predict bitcoin's future prices, it would never be as accurate as what we do on conventional traded assets. We can only rely on the order depth and volume to make some 'assumptions'. Support is currently sitting @ $3300, China drama pans out, Japan, SoKor, India and other trading hubs are holding strong despite the FUD, plus a rumor that Amazon would soon be entering the scene by accepting bitcoins as a payment. Everything tells me that this market is either going sideways or move up, but the market would go against this prediction of mine.

$7000 is more viable to reach. No point on reaching $1800 since everything is on the positive side beside from the market uncertainty on the upcoming November fork.

The Amazon rumor has been already proved wrong, or that was I read later today in Reddit. It was obvious, why would Amazon start accepting Bitcoin before Lightning Network? Amazon makes millions of sales daily, Bitcoin can't deal with that onchain, we need LN, then I may start believing Amazon getting in.

I think we are going to be looking at 5 figures next pretty much guaranteed, but the process may depend on if we are able to sustain a price above the current key resistance points mid $3500. Right now the price is in nobody's lands from a TA perspective.
sr. member
Activity: 1190
Merit: 306
Well I'd certainly like bitcoin to reach $7000, so it's hard for that not to color my prediction.
And I think if it's going to hit one of those numbers, it's going to be $7000 before it's
$1900.  We'd have to have one mother of a crash to be back down that low.  It certainly
could happen, but I don't think the music has quite stopped yet for bitcoin; the bull market
isn't over yet, we're just taking a breather.  Once everyone recovers from the China shock,
we'll resume the upward momentum and hit $7000 within a year.  That's what I think, and
it's not all blind hope either.
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
$1,800 will  comes first ...because China ban bitcoin officially in their country in the date of september 30
Ban again? they already get ban and we do not need china to support bitcoin and i think we can stay in bitoin at $3k value $1800 prediction is impossible to happen china is not a number 1 who many people are using bitcoin and holding 
If you are in other country and check there are countries are holding a lot of bitcoin.. So we do not need china to support bitcoin..
The prediction will be slow movement to increase and i think there are people right now are helping bitcoin to spread the world about bitcoin like spreading the Bitcoin ATM so if you are planning to dumping right now better to sell it right now because you are weak.
sr. member
Activity: 1176
Merit: 286
$1,800 will  comes first ...because China ban bitcoin officially in their country in the date of september 30
hero member
Activity: 728
Merit: 500
It is not because i am optimist, but i think that bitcoin will reach $7000 soon, in a few months. I dont think that it will drop to $1800 again, but maybe it  can drop to $3000 again, and that is not bad, we really need bearish trends in the market, since they work as a signal to know when the bullish trend will remain.
But yes, 7000$ by the end of 2018 probably.
legendary
Activity: 1652
Merit: 1265
$7000 will come first but not this year IMO.

Rational:

Seeing the trend for the last few years, it's positive and will remain so.

To go down we would need to break past the $3000 (1w BBAND median).
It someone succesfully gets us below that then we will go to approx $1500 (1w BBAND lower line).
This is a very unlikely situation unless something radical happens.

I've left out the "Oops whale pressed the marketsell button flash crash / rebound back to normal" situation.

That said, Bitcoin is unpredictable... expect nothing.



hero member
Activity: 1274
Merit: 513
Today price of bitcoin is 3800 dollars and for sure wthe price will hit again 4k dollars so be ready. But always on the demand on the markwt if the price of bitcoin decrease or increase. I think 7000 dollars will happen maybe before end of this year or maybe next yeat because i believe once bitcoin reach again the 5k dollars it will continue to increase again. We need untiy to reach any amount that we want.
hero member
Activity: 959
Merit: 500
I think as well that if bitcoin wanted to drop to 1800 dollars, it would have had many opportunities the past weeks.
Insead it barely reached beyond the 3K level.
With rumors cooling off we are already more stable again.
And if the future holds a few good news, we are definitely back on an uprising path.
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