Attention! BTC is heading for 8K! - page 3.

jtipt

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Quote from: btcone111 on December 28, 2017, 04:17:40 PM

Yes, it's possible.
I've been talking about $8K being a target since 3 weeks ago. The dip from $19K to $11K was only the first leg. There is a second leg coming.

We have never seen a 2 stage price correction, and it's unlikely that it will happen now. I Don't think anyone is looking to dump their btc right now. More FUD can create another dump but I am not expecting it.

coin_1122

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Quote from: radokan on December 28, 2017, 05:36:05 PM

FUD me more.
So what if it goes to 8K? It was 1000$ not so long time ago, and not so long time ago it was expected to hit 5000$ next year. Don't you remember that?
8K is fine with me, i will buy more bitcoins. To be honest i don't think it is going to happen.

It depends on human mind because every one is predicting their own strategy of price but real price will depend on the market. We have to accept anything with bitcoin because with in short period the price of bitcoin has increased a lot.

nokati

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Quote from: GPU5970 on December 28, 2017, 04:46:53 PM

It wouldn't surprise me if the price goes below $11k during this night, there is a lot of fud, even on the subbredit of bitcoin, that is very surprising after all, i never thought that there was going to be fud in there.

sorry, but only FUD here is you Shocked

8K? keep dreaming Grin

jubalix

legendary

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I am hanging for a dump .... but it just hasn't happened yet ....

I don't get why ada....is where it is atm.....I just doesn't seem to offer anything new.

Lodi0808

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I f ever its possible I am the few persons who will get happy because its going to be the best time to buy.

senne

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Despite correction in the value of bitcoin, it seems to strong again. At, one time there seems to be a vision where bitcoin could touch $8k but it retained it's value and may be $18k soon. So right now there are not any strong chances that bitcoin may head towards $8,000 also if we face a correction it may only drop to $10,000 not beyond that as market is strong than ever before with large amount of investors which will surely up-bring it's value if it falls in any case.

william8829

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Quote from: Denker on December 28, 2017, 09:46:25 AM

Even if it happens I can assure the bounce would be epic!
Check the orderbooks. And this is just what you see. There are lots of huge hidden orders in that low area of 8k.
This is the perfect 'beachball under water scenario". Pushing the price that low would just exhaust all the asks. After that -> moontime!

The market maybe overbought and with the momentum obviously slowing the scenario you describe would be a "dead cat bounce"? "Après moi, le déluge" but there are a lot of maybes and what ifs the important thing is long term market looks really strong.

Quote from: Anphonsus on December 29, 2017, 05:29:54 AM

There could be a big dump near Chinese New Year but beyond that, the price will soar up quickly. Don't hold your breath waiting for an 8k moment. It forever belongs to the past.

Unless you have more information to add I believe your basing your opinion off of news from 2014???

https://www.coindesk.com/chinese-new-year-mean-for-bitcoin/

taktik

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Quote from: gilangIDR on December 29, 2017, 05:55:38 AM

Quote from: lili song on December 29, 2017, 12:19:32 AM

My prediction bitcoin will increase again to $ 20,000. I think will not decrease below $ 8,000. If we see bitcoin every month the value increase,
because bitcoin still high demand, supply, limited coins and many investors will invest in bitcoin.

I also believe in the same thing. We can all be aware of the fact that bitcoin prices are undergoing a correction, which is normal because bitcoin can increase and decrease very quickly. I may want to say little that bitcoin price increase opportunities are still wide open, we can all seize the opportunity to get bitcoin prices are much better than the current prices. I will take a chance and trust that I will not panic sell. I remind you all that panic sell will only exacerbate the situation and the condition of bitcoin price movement.

I think that almost all the forecasts for Bitcoin should be justified and we will see next next the maximum price for Bitcoin next year. Bitcoin showed this year already, will remain in the memory for a long time, and we will be sure that it will return to the previous figures of 20,000 dollars. So do not panic. Looking at today's price, And it's better to buy and invest.

gilangIDR

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Quote from: lili song on December 29, 2017, 12:19:32 AM

My prediction bitcoin will increase again to $ 20,000. I think will not decrease below $ 8,000. If we see bitcoin every month the value increase,
because bitcoin still high demand, supply, limited coins and many investors will invest in bitcoin.

I also believe in the same thing. We can all be aware of the fact that bitcoin prices are undergoing a correction, which is normal because bitcoin can increase and decrease very quickly. I may want to say little that bitcoin price increase opportunities are still wide open, we can all seize the opportunity to get bitcoin prices are much better than the current prices. I will take a chance and trust that I will not panic sell. I remind you all that panic sell will only exacerbate the situation and the condition of bitcoin price movement.

Trimegistus

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Quote from: Slark on December 28, 2017, 04:34:34 PM

May I ask what is this new wave of the bearish news? Price of bitcoin is highly volatile but we need to remember that there is only almost 21 bitcoin.
With more than 7 billion people in the world, this number seems very low - and that would explain this high price, and even bigger potential of BTC to rise even higher.
Don't forget that with corporate money flow we may see another ATH soon. And last but not least - why exactly we will hit $8k and not $5k or $11k? Random number?

The title of the thread suggests FUD... The analysis referred in the OP is absolutely childish... But still it might be true!

Small investors don't want to hear it but the current reality of the cryptomarket is driven by political games, Chinese mining farms, anonymous whales, and soon even the Wall Street mafia!

In this reality, who knows what might happen tomorrow?

NiceSoft12

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Quote from: ?? on ??

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Anphonsus

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There could be a big dump near Chinese New Year but beyond that, the price will soar up quickly. Don't hold your breath waiting for an 8k moment. It forever belongs to the past.

Ararbermas

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Activity: 2016

Merit: 283

Quote from: lili song on December 29, 2017, 12:19:32 AM

My prediction bitcoin will increase again to $ 20,000. I think will not decrease below $ 8,000. If we see bitcoin every month the value increase,
because bitcoin still high demand, supply, limited coins and many investors will invest in bitcoin.

maybe but it depends to the demand which most important cause it can help the bitcoin valued to increase. On this year bitcoin increase alot because of massive demand and adaption. Maybe in year 2018 there will be more adaption than 2017. So that i agree that the price will increase again and it will never drop again to 8k valued until year end.

lili song

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My prediction bitcoin will increase again to $ 20,000. I think will not decrease below $ 8,000. If we see bitcoin every month the value increase,
because bitcoin still high demand, supply, limited coins and many investors will invest in bitcoin.

CyberKuro

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Activity: 798

Merit: 506

Bitcoin market works based on development and acceptance, it's not just because bitcoin increases significantly and then will crash to $8000.
There are no any triggers that will cause bitcoin fall so significantly. Bitcoin seems tanks above $12K in this year and may keep on this level until the end of the year.

fabiorem

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Quote from: radokan on December 28, 2017, 05:36:05 PM

So what if it goes to 8K?

It will increase again, because that is the most solid user support.

If you look at the charts, you will notice it spiked up after 8k. Do you think it was only normal investors buying? No, those spikes were caused by institutional investors. They injected most of the money after 8k, so that when futures arrived, they could short it to win their bets. Bitcoin is going down slowly because a lot of normal investors are still buying it. Notice it started to fall after CME, they are shorting it now.

radokan

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FUD me more.
So what if it goes to 8K? It was 1000$ not so long time ago, and not so long time ago it was expected to hit 5000$ next year. Don't you remember that?
8K is fine with me, i will buy more bitcoins. To be honest i don't think it is going to happen.

richardsNY

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Quote from: GPU5970 on December 28, 2017, 04:46:53 PM

It wouldn't surprise me if the price goes below $11k during this night, there is a lot of fud, even on the subbredit of bitcoin, that is very surprising after all, i never thought that there was going to be fud in there.

People wish the price would drop from this point, but it won't. Reddit has become an absolute troll hole in the last years. At first it was a platform containing quite some useful discussions, but in the last years, it dropped massively in quality and credibility. I remember how certain forum members here were stating to leave this forum to just focus on Reddit, but it seems that even there they aren't safe from trolls, shills, etc. It's obvious that now this market has grown so large, that there is a lot to gain by attempting to crash this market down, but it isn't really working. Let them keep wasting their time with spreading fud, those who know how everything works don't care....

fabiorem

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True. WS sharks are dumping their coins to win shorts in futures.

It was predicted.

btcone111

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Quote from: GPU5970 on December 28, 2017, 04:46:53 PM

It wouldn't surprise me if the price goes below $11k during this night, there is a lot of fud, even on the subbredit of bitcoin, that is very surprising after all, i never thought that there was going to be fud in there.

Call it FUD or whatever you want to.
Those who are able to sell at above $17K are able to buy back at lower prices like $15K, $13K or even $11K
That's how you increase your btc holding assume your total initial investment amount doesn't change.

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