Bitcoin price: $ 12,000 is no longer out of reach - page 3.

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Quote from: bounty.nvm on February 08, 2020, 09:36:07 AM

As cryptocurrency analyst Eric Hoka tweeted that “given some technical signals and the halving event of bitcoin is approaching, I believe bitcoin will soon retest the $ 10,000 mark this month, even $ 15,000. It must be hard when halving is near. ”

I constantly see news channels related to bitcoin posting news based on an analyst's twitter, does this mean that news channels related to bitcoin keep monitoring each analyst's twitter accounts?

Quote from: bounty.nvm on February 08, 2020, 09:36:07 AM

Do you think Bitcoin price can reach $ 12,000 this February?

it is not impossible. but do not not create great expectations because we are not yet above $10,000 and we should not forget the recent past ( price drop from $ 13000 to $ 6400 ) start from $11000 Is where everything gets much more difficult, it will not be so simple

Coinraptor

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I don't think 12K USD is possible for this month, 11K USD seems okay for February. Though I am not sure because the month just started, another 20 days are left, so, anything can happen. The way Bitcoin price increasing if 10K USD breakout happens then 11K USD will be done easily!

andamarina

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Maybe is possible but i think we will have the price only under 11k usd and the grow will come later this year.

The Sceptical Chymist

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Quote from: bounty.nvm on February 08, 2020, 09:36:07 AM

Do you think Bitcoin price can reach $ 12,000 this February?

This month? I guess it's possible, but we're going to have to see what kind of legs this bull has. It doesn't seem like bitcoin is poised to explode as it has in the past, but the good thing is that it's been able to hold onto its gains without major dips--so far, that is. Anything is possible, including a rise to $12k or a drop to $6k.

Then again, the halving is getting closer and I'm pretty sure that many speculators are anticipating a rise in advance of it or afterward, and those speculators might be driving up the price right now. If they stay in the market, bitcoin should be on solid ground. If they end up selling (especially all at once), we could be looking at a crash this year. I've got my fingers crossed that we don't see massive selling like we did for most of 2018, but we'll see.

Gozie51

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The possible outcome is there with the steady growth so far from last month till now it has been strong signal. The $10,000 for instance can be tested this week or next and if that is broken, I see it hitting $12,000 with a spike maybe.

bounty.nvm

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In the past few hours, although the gaining momentum has temporarily halted at the threshold of 9,700 USD, recent signals that a breakout above 10,000 USD is quite likely to happen.

As cryptocurrency analyst Eric Hoka tweeted that “given some technical signals and the halving event of bitcoin is approaching, I believe bitcoin will soon retest the $ 10,000 mark this month, even $ 15,000. It must be hard when halving is near. ”

The price of bitcoin over the past 24 hours has ranged from a low of $ 9,714 to $ 9,872. Bitcoin's market capitalization is recorded at $ 176 billion, accounting for 64.3% of the total market value.

Do you think Bitcoin price can reach $ 12,000 this February?

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