Bitcoin Price Could Reach $10,000 by End of This Year - page 2.

naidray

legendary

Activity: 1232

Merit: 1029

Quote from: Erkallys on November 13, 2017, 02:24:44 AM

Looks like it will not be possible. The price dropped a bit yesterday, but hopefully recovered since then. For now, I guess it is too late for a nearly 50% increase in one month and a half. But could reach back 7000$ easily.

Well, we cannot predict that yet. Corrections are likely possible, but with bitcoin full of surprises. I will not say anything is impossible at this stage. It would reach back even more than $7000 pretty soon and with that we should be expecting some new ATH soon, which makes me not to believe that there is every possibility that bitcoin can reach that level by December.

What we have presently arejust manipulation that is already not lasting, so the best is to get in on the train now to make some profit.

tokeweed

legendary

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Life, Love and Laughter...

Quote from: minerich on November 12, 2017, 11:45:07 PM

Many believe that the prices of Bitcoin could jump by nearly 70% from here and could possibly touch $10000 by this Christmas.

Technical analysts and investors have predicted based on the charts, Bitcoin prices have convincingly crossed the price benchmarks of 5k, 6k and 7k dollars. The price-volume charts suggest that there is a bullish sign for the investors which can determine the further direction of momentum and analysts say that there is every possibility it could touch $10000 by the year-end.

Moreover, another reason that can be backed by the fundamental analyst point-of-view is the fact that many big players from the “Wall Street” like Goldman Sachs and the CME Group have decided to actively participate in Bitcoin trading.

CME Group’s chairman and one the most prominent figures from Wall Street – Leo Melamed has shown confidence in Bitcoin saying it to be treated as a new asset class in near future. By bringing cash-settled futures contracts CME Group aims to reduce the volatility in Bitcoin thereby making them more stable and predictable for investors.

I don't know what news website you copy/pasted this from but I don't agree with it. Before the dump, with the kind of run BTC had, it would have reached 10k by Christmas, easy. But after the dump? Maybe it's safer to say that it will reach 10k USD around February 2018?

The point is to adjust your expectations to what the market is doing now.

worle1bm

full member

Activity: 1834

Merit: 166

Quote from: minerich on November 12, 2017, 11:45:07 PM

Many believe that the prices of Bitcoin could jump by nearly 70% from here and could possibly touch $10000 by this Christmas.

Technical analysts and investors have predicted based on the charts, Bitcoin prices have convincingly crossed the price benchmarks of 5k, 6k and 7k dollars. The price-volume charts suggest that there is a bullish sign for the investors which can determine the further direction of momentum and analysts say that there is every possibility it could touch $10000 by the year-end.

Moreover, another reason that can be backed by the fundamental analyst point-of-view is the fact that many big players from the “Wall Street” like Goldman Sachs and the CME Group have decided to actively participate in Bitcoin trading.

CME Group’s chairman and one the most prominent figures from Wall Street – Leo Melamed has shown confidence in Bitcoin saying it to be treated as a new asset class in near future. By bringing cash-settled futures contracts CME Group aims to reduce the volatility in Bitcoin thereby making them more stable and predictable for investors.

Many supporters of segwit2x which withdrew their support few days before hard fork are now trying to manipulate the btc price and which is affecting the bitcoin market cap within past few days as the price has gone down but now its recovering and soon will be at peak and we can hope for the price to $10k by new year so just HODL.

OrangeII

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Reward: 10M Shen (Approx. 5000 BNB) Bounty

to know this i do not think so. I predict that bitcoin prices will only reach $ 7000 more, or close to that price. Well, if segwit does not happen in the near future, I predict it like that, but bitcoin always gives a very interesting surprise.

btc-facebook

legendary

Activity: 1862

Merit: 1015

It's difficult to happen especially when Bitcoin is downtrend at the moment.
I'm also experienced slower confirmation and more expensive fee so I think there was a significant movement on Bitcoin trader into bch
But I'm still hold my most of Bitcoin !

zeze18

sr. member

Activity: 938

Merit: 256

indeed to reach $ 10k seems unsure of bitcoin by the end of this year,
but anything can happen to bitcoin as well as price increases that often experience a spike after a price reduction from bitcoin and so far there has been no definitive prediction about bitcoin.

eagleman

hero member

Activity: 1190

Merit: 504

Still hopeful on this speculation? These whales aren't going to make it happen for this year but still it can just quickly pump up to $10,000 but not at the end of this year.

Quote from: lili song on November 13, 2017, 04:19:09 AM

My prediction bitcoin can reach $ 8,000 by end of this year !

This is my guess either for the end of the year, $10k is hardly possible to happen for this year but $8,000 looks possible but still much better if it will be seen on $10,000.

Almat

sr. member

Activity: 254

Merit: 250

I would have doubted this yesterday just because the BCH surge seemed like it would last long. Now that it is dead, $10,000 is very attainable. Time to HODL again in peace.

phunixx

member

Activity: 121

Merit: 10

No it won't hit 10k this year......
Yes it will hit 10k sometimes in the future
Moneymakers are shifting between BTC and other coins for gaining profits (pump and dump)
Or you go long term or take profit in daytrading

Gloiri

full member

Activity: 128

Merit: 100

It is going to reach it because after a time people will begin to buy bitcoins. Now users are waiting to do a investment, because they want it to drop more. Nothing can rise forever.

So this was the time for bitcoin to fall down.

lili song

hero member

Activity: 980

Merit: 509

I think it could be a little hard to reach $ 10,000. Because now bitcoin price down after up reach around $ 7,400.
I guess some investors move to BCH. My prediction bitcoin can reach $ 8,000 by end of this year !

Erkallys

legendary

Activity: 1120

Merit: 1004

Looks like it will not be possible. The price dropped a bit yesterday, but hopefully recovered since then. For now, I guess it is too late for a nearly 50% increase in one month and a half. But could reach back 7000$ easily.

davis196

hero member

Activity: 3192

Merit: 939

OP,this looks like old information and you missed what`s happening with the bitcoin price during the last days.
I pray for the bitcoin price to reach 10 000 USD,but too many altcoin supporters and the Segwit2x supporters are trying to manipulate the BTC price and increase the level of confusion across all core bitcoin users.
Anyway,I will HODL all my btc and wait for the new year.

minerich

newbie

Activity: 42

Merit: 0

Many believe that the prices of Bitcoin could jump by nearly 70% from here and could possibly touch $10000 by this Christmas.

Technical analysts and investors have predicted based on the charts, Bitcoin prices have convincingly crossed the price benchmarks of 5k, 6k and 7k dollars. The price-volume charts suggest that there is a bullish sign for the investors which can determine the further direction of momentum and analysts say that there is every possibility it could touch $10000 by the year-end.

Moreover, another reason that can be backed by the fundamental analyst point-of-view is the fact that many big players from the “Wall Street” like Goldman Sachs and the CME Group have decided to actively participate in Bitcoin trading.

CME Group’s chairman and one the most prominent figures from Wall Street – Leo Melamed has shown confidence in Bitcoin saying it to be treated as a new asset class in near future. By bringing cash-settled futures contracts CME Group aims to reduce the volatility in Bitcoin thereby making them more stable and predictable for investors.

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