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Topic: Bitcoin hits $6000. How far will it go until 25th? - page 2. (Read 1175 times)

newbie
Activity: 12
Merit: 0
this price came from Pump so that i think it may be down fast
sr. member
Activity: 1232
Merit: 250
Bitcoin can briefly touch $7,000 in the next weeks, but as always reaching a new ATH is usually followed by some short period of correction so when you combine it with uncertainty of the fork it will result in some slowing down of the price rise. But the price also shouldn't drop too much before the fork, since many traders see it as an opportunity to get free coins, so we shouldn't drop below $5,000 before the fork will happen. But Bitcoin has proven to be quite volatile so going above $7,000 or below $5,000 is also possible.

Touching $7000 is possible, but that might be hard enough. Till 25th $6500 is fairly possible as per current movements and might not dip badly just before fork. But again the current rise also constitutes entry of new users who might panic and sell off.
If the price reaches $7000, correction or fall below $5000 is unlikely but you never know, its Bitcoin and famous for volatility.
member
Activity: 69
Merit: 10
My bet is it will stay around $6000 and may even dip back to mid $5000.
legendary
Activity: 3024
Merit: 2148
Bitcoin can briefly touch $7,000 in the next weeks, but as always reaching a new ATH is usually followed by some short period of correction so when you combine it with uncertainty of the fork it will result in some slowing down of the price rise. But the price also shouldn't drop too much before the fork, since many traders see it as an opportunity to get free coins, so we shouldn't drop below $5,000 before the fork will happen. But Bitcoin has proven to be quite volatile so going above $7,000 or below $5,000 is also possible.
full member
Activity: 406
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
I think bitcoin will hit 7,000 before or and after hardwork, this is the prediction of our beloved traders who are studying the movement of the price/
sr. member
Activity: 560
Merit: 257
Investors dropping altcoins for Bitcoin before hardfork on 25th. How high can it go before the hard fork happens? My bet is $7500!

(source: https://coincodex.com/crypto/bitcoin/)

https://i.imgur.com/878iLEL.png
Yeah $7500 is quite reasonable, there are still four weeks left to the 25th and I think the bitcoin price can still rise above $7000 by the 25th. I still hold the bitcoin and I'm not affected to sell it now.
hero member
Activity: 1946
Merit: 502
Bitcoin price after the fork has a big possibilty to go down. People are only buying bitcoin just to have some of bitcoin gold and after that the rally will stop ,selling starts which may result to a dump.  The same of what happened when bitcoin cash is born.
sr. member
Activity: 588
Merit: 251
Well, let's see how things goes, maybe when the time for the fork approaches, the price of bitcoin will drop and some days after the fork, then the price will go up steadily.
For now let's watch the market chart.
hero member
Activity: 980
Merit: 507
Investors dropping altcoins for Bitcoin before hardfork on 25th. How high can it go before the hard fork happens? My bet is $7500!

(source: https://coincodex.com/crypto/bitcoin/)


True indeed ,alts are going down really bad, and bitcoin Hallelujah. Way more to go bitcoin.
Whoops,7.5k is alot bruh seriously.. People will just find ways to be rich. I say bitcoin will go up to like what 6500$ tops? Maybe a bit more and then fork happens and you gonna see the markets crash ,you gonna see some panic sell happening,you know what imma saying.Yeah ,you gonna see a lotta action take place in the crypto markets. And get your shit together for this and let the things happen. Imma so damn hyped for this..
hero member
Activity: 1106
Merit: 638
Nah, I think we've hit our max. We only have 5 days to go before the fork. A few days before that we'll see the buying stop. We're nearly within the window of 3-4 day settlement of transactions from exchanges.
hero member
Activity: 672
Merit: 500
It will rise these all are the last minute investors they just want bitcoin regardless of the price , I'm see more buy orders on major exchanges but again this might just be a small peak and by tomorrow it can fall back to 5600$. I was able to sell my coins at 6000$ waiting for it drop so i can rebuy
member
Activity: 98
Merit: 10
I think not so far,not over 6200k but i dont know whay is important 25th?if you want to buy,do that he grows every day.
legendary
Activity: 1204
Merit: 1028
I think people assuming this is simple due the upcoming fork haven't understood the fact that Ledger X, in other words, a massive amount of Wall Street Money, is around the corner.

I may be wrong, but I think the Bitcoin Gold fork is pretty much irrelevant to the fork. Bitcoin Gold may not even have a functional blockchain because most miners will not mine it so it will be slow to process blocks.

We are at ATH because Ledger X is around the corner and Segwit2x is losing the battle = bullish.
member
Activity: 89
Merit: 10
According to what I am reading today, the most recent move upward in BTC toward $6000 is actually coming from Zimbabwe, where another economic crisis is driving more people into bitcoin in an attempt to escape a devaluing local currency:

https://www.cryptocoinsnews.com/bitcoin-trading-at-nearly-10000-in-zimbabwe-due-to-a-lack-of-cash-in-the-country/

http://www.zerohedge.com/news/2017-10-20/zimbabwe-panic-sends-bitcoin-soaring-over-6000-now-bigger-goldman-sachs
full member
Activity: 459
Merit: 104
On the 25-th October the price of one bitcoin will be  between 6100 and 6250. This is good news, it is probable to go up until 9000. Let us say that this is possible in December, if it continues as this, the price next year could be 12000-15000. It is also possible that a new appreciation of the bitcoin price happens in 2019. I would not be surprised to have a 50000-100000 bitcoin in 2020.    
full member
Activity: 532
Merit: 107
Really surprised to see bitcoin hit 6k mark, i think it's bit too fast. Well, lets see if 6k mark can hold few more weeks, which i have doubt.
hero member
Activity: 952
Merit: 500
Definitely,people starting to buy more bitcoins to get some free coins during hard fork is also a reason for bitcoin's price rise.Just,this pump in the price may continue until october 25th.People have nowadays started to await for frequent bitcoin hard forks expecting some free air drops.Now,its price is $6,108.It would not be a surprise if its price crosses $6,500 in the next three days.

Altcoins may face a drop in price due to such activities of people dropping altcoins for some free air drops in bitcoin.But the situation would be entirely different when segwit 2x activation takes place in the very next month.
sr. member
Activity: 434
Merit: 250
i think Bitcoin Price Likely will down to 5500 after 25th octobere one or two week and after that have the possibility  to go to the moon maybe 6500 or 7000 usd in november  .
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
Well what could you do they want free coins and free money.
Not all of us have the same view as them so I guess it will be controlled by that.
I would rather take the profit from the increase in bitcoin price than sacrifice all of it in the coming fork.
hero member
Activity: 1470
Merit: 655
Investors dropping altcoins for Bitcoin before hardfork on 25th. How high can it go before the hard fork happens? My bet is $7500!

investors are indeed dumping their altcoin bags for bitcoin but that doesn't affect bitcoin price one bit! you see when you sell an altcoin you directly receive bitcoin the BTC/USD pair does not even come in the middle of this! you simply sell in ALT/BTC pair....

how high? it is really impossible to tell. i didn't even expect anything above $5500 to hold!

I think the price hike was due to Yobit announcement that they are ready to for Bitcoin Gold and balances will be added to 24-26 of October.

https://twitter.com/yobitexchange/status/918566256151859200?lang=en

It made investors buy or moved their bitcoins to Yobit in anticipation of free money. Maybe we can go $7000 as we get closer to Oct. 25. Though its really hard to say when this massive run will end. But once thing's for sure. For most of us who just woke up and seeing this news, it will really make our day. I'm really seeing close to $7000 before the actual scheduled fork on the 25th of this month.

Yobit is too small and too shady for anyone to pay any attention to. and i seriously doubt that they can cause anything in the big market of bitcoin and lead to a rise!!!

with that sadi, looking at the link the timestampt of the Tweet says 12 Oct 2017 which is about 8 days ago. and checking the charts it seems like price started rising exactly when this tweet was released on 12 Oct.!

#weird
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