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Topic: Bitcoin hits $6000. How far will it go until 25th? - page 3. (Read 1175 times)

copper member
Activity: 2940
Merit: 4101
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The Bitcoin's price is so volatile these recents days like it was for the previous fork in July. You can go to sleep and the next day the value lose 10-15%. The weekend is starting and usually, the price falls a little during those days. It may fail a lot since we are in a fork period. Still 4-5 days left, after this, I am sure we will see a correction and a nice one.
full member
Activity: 228
Merit: 100
should hover around 6k then dip/correct back to around 5k
sr. member
Activity: 2618
Merit: 439
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 $7000 before the actual scheduled fork on the 25th of this month.
full member
Activity: 196
Merit: 100
In my opinion before the hard fork happened it's really hard for Bitcoin price to get over 6k. As all you can see that today Bitcoin is about 6k$ but right after that it downed to under 6k$. I think it'll be the same with the hard fork on 1st August Bitcoin price will be stable before the hard fork but when the hard fork is over Bitcoin price will increase like crazy so I think after the hard fork Bitcoin can reach to at least 8k$ but the highest peak before the hard fork I think only 6k$ or less
full member
Activity: 686
Merit: 107
I bet it would reach 6500$, the rate of increase is growing everyday. The upcoming fork results to pumping and a great increase in the price of bitcoin. This is a great milestone again for bitcoin.
sr. member
Activity: 476
Merit: 259
I do agree that the recent rise has been happened just because of the upcoming fork this month, but I do not agree that it was a healthy rise.

As you can see the volume at most of the exchanges is still lower then usual, which means that it is hard to rely on the rise, I do think that bitcoin price will keep rising as we are getting closer to the fork time./
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!
sr. member
Activity: 322
Merit: 250
I think BTC is growing because of the upcoming fork, but after that it may be corrected a bit and the value of BTC may decrease a bit in my oppinion!
This is a good opportunity also to promote BTC, and show that BTC is a currency that will have a future in the worlds financial system! 
For your question, I bet it can get closer to $6300.

I totally agree with you because since the fork of on the 25th is likely certain, because of the notification I got on that from Yobit, everybody wants to get a larger portion of the bonus coming while the people who are holding didn't want to lose out. This then put pressure on the ones in the market by then forcing the price up but after the fork and things normalises we might indeed see a correction but that might not last long considering another upcoming fork on its way in November.
AGD
legendary
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Merit: 1164
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hero member
Activity: 490
Merit: 501
Bitcoin is now surging and maybe it would continue on its way up partly because the demand is moving up as more and more people are buying Bitcoin in anticipation of the hard fork this coming October 25. After that, many analysts are predicting some slow down especially that we are about to enter the holiday season.

I am more optimistic for next year and I am hoping that we can finally be going into the $10,000 territory as soon as possible. Of course, this is just a projection as we don't have the power to make it so but the market. Whatever can be the final figures, one thing is certain: Bitcoin is here to stay and those who are fighting against it should better do some reconsideration as we have the space for them in the cryptocurrency train going to the moon!
full member
Activity: 154
Merit: 100
My bet is $7500!
I hope it!  Grin

But I think that BTC will grow up untill 6200$.
After fork it will return around 5700$, but other currencies will be grow up (especially ETH).

hero member
Activity: 588
Merit: 500
I think BTC is growing because of the upcoming fork, but after that it may be corrected a bit and the value of BTC may decrease a bit in my oppinion!
This is a good opportunity also to promote BTC, and show that BTC is a currency that will have a future in the worlds financial system! 
For your question, I bet it can get closer to $6300.
The coming fork is obvious reason of Bitcoin's growth. Maybe on some Asian exchangers it really reached 6000$ point but on this one which I use the price stays under 6000$. I also suppose that during those last days before the fork the price will add 300-500$ and after the fork will come some correcting that may dump the price to 5000$ back.
sr. member
Activity: 476
Merit: 250
I think BTC is growing because of the upcoming fork, but after that it may be corrected a bit and the value of BTC may decrease a bit in my oppinion!
This is a good opportunity also to promote BTC, and show that BTC is a currency that will have a future in the worlds financial system! 
For your question, I bet it can get closer to $6300.
full member
Activity: 602
Merit: 107
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/)

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