Seems bitcoin will drop below $7K instead of trying to break the resistance level above $7500. While we've entering the mid-December but the market shows that more seller than the demand to buy, which mean the price will continue to decline.
We had a good support at $6500 and the price is trading around a range of thousand dollars from that and i do not expect a huge correction from this stage as i am expecting more investment coming in once it tries to breach the first support level and neither do i expect the market to break the resistance in the next couple of weeks.
Topic: Bitcoin Price Moving Towards $9500 Mark (Read 757 times)
Seems bitcoin will drop below $7K instead of trying to break the resistance level above $7500. While we've entering the mid-December but the market shows that more seller than the demand to buy, which mean the price will continue to decline.
We had a good support at $6500 and the price is trading around a range of thousand dollars from that and i do not expect a huge correction from this stage as i am expecting more investment coming in once it tries to breach the first support level and neither do i expect the market to break the resistance in the next couple of weeks. First target to beat is 7700 which is a long trend of declining prices but it is quite positive short term over the last few days, it reset but then recovered above the 8 day average again.
So blue line is 8 day and its beaten some negative trend if not yet fully recovered itself. Its debateable if it can get 9000 before the year end but Bitcoin is very volatile and its hard to say it wont but theres alot of work for it to hold in that area from here.
So blue line is 8 day and its beaten some negative trend if not yet fully recovered itself. Its debateable if it can get 9000 before the year end but Bitcoin is very volatile and its hard to say it wont but theres alot of work for it to hold in that area from here.
Seems bitcoin will drop below $7K instead of trying to break the resistance level above $7500. While we've entering the mid-December but the market shows that more seller than the demand to buy, which mean the price will continue to decline.
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Is Bitcoin going to $9200?
There are more such predictions. I suggest to make a separate forum for bitcoin price prediction where we see and analyze predictions made by different members. That will be a great way to prove that there is no one who can accurately predict the bitcoin future price.
There are more such predictions. I suggest to make a separate forum for bitcoin price prediction where we see and analyze predictions made by different members. That will be a great way to prove that there is no one who can accurately predict the bitcoin future price.
Technical analysis is not a forecast of the future, but a pattern analysis to try to predict the next move. the analyst are not predicting the future. And if we look closely, there are several times that the analyzes are correct. For example in the present case: if the $7000 support is broken we will see the price of $ 6800. This is a prediction that may or may not materialize.
Is Bitcoin going to $9200?
There are more such predictions. I suggest to make a separate forum for bitcoin price prediction where we see and analyze predictions made by different members. That will be a great way to prove that there is no one who can accurately predict the bitcoin future price.
Although have thousand prediction with bitcoin there are not one correctly prediction with bitcoin price, many people have believe bitcoin have higher price on next year but look today bitcoin keep under $7000, never waste time for reading many bullshit prediction because I think is not good our source for trading and investing with bitcoin, just trying with our self analyze with bitcoin and altcoin price. There are more such predictions. I suggest to make a separate forum for bitcoin price prediction where we see and analyze predictions made by different members. That will be a great way to prove that there is no one who can accurately predict the bitcoin future price.
Is Bitcoin going to $9200?
There are more such predictions. I suggest to make a separate forum for bitcoin price prediction where we see and analyze predictions made by different members. That will be a great way to prove that there is no one who can accurately predict the bitcoin future price.
There are more such predictions. I suggest to make a separate forum for bitcoin price prediction where we see and analyze predictions made by different members. That will be a great way to prove that there is no one who can accurately predict the bitcoin future price.
Currently it looks like we are closer to 7000$ than 9000$ or more. I don't even think that 9000$ is possible this year, if the price goes back to 8000$ or a bit above that will be a good sign, everything above that value would be a surprise. I don't expect some bigger price rise at the begininig of the next year either.
Of course we are closer to 7000$. Just 100$ shy away. But we're at the buy the lows region. So it's fun if you have some paper money on the sideways for next years (stable) bull.
Currently it looks like we are closer to 7000$ than 9000$ or more. I don't even think that 9000$ is possible this year, if the price goes back to 8000$ or a bit above that will be a good sign, everything above that value would be a surprise. I don't expect some bigger price rise at the begininig of the next year either.
During the last day the bears tried once again to make the price of bitcoin to go below 7000 and they were very close to get their goals but then the bulls reacted and made the price to go up 100 dollars still we are very close to the 7000 dollars mark and I will not be surprised if during the next weeks we see yet another attempt by the bears to try to break that resistance level and make bitcoin to go down in price again before the end of the year comes. 
Currently it looks like we are closer to 7000$ than 9000$ or more. I don't even think that 9000$ is possible this year, if the price goes back to 8000$ or a bit above that will be a good sign, everything above that value would be a surprise. I don't expect some bigger price rise at the begininig of the next year either.
I guess $8000 should be the target at least at the end of the year. There have been several humps along the way though, and it seems that $7600-$7800 is a big psychological barrier in front of us. Looking back at last year, we have some minor rallies approaching Christmas or least weeks before.
So I won't be surprised if we touch $8000 this year, but we don't know if it's going to be sustainable as we approach 2020. I'm sure lots of crypto investors are very positive in 2020 because of the block halving event. So patience is still the key here, whether was price the market is offer at the end of the year.
So I won't be surprised if we touch $8000 this year, but we don't know if it's going to be sustainable as we approach 2020. I'm sure lots of crypto investors are very positive in 2020 because of the block halving event. So patience is still the key here, whether was price the market is offer at the end of the year.
Bitcoin is too much volatile. This current price is 7500$ and it can pump to 8000$ in an hour or it can take weeks before it reaches this mark. This is how much uncertain bitcoin prices and no one is able to guess it correctly.
I guess $8000 should be the target at least at the end of the year. There have been several humps along the way though, and it seems that $7600-$7800 is a big psychological barrier in front of us. Looking back at last year, we have some minor rallies approaching Christmas or least weeks before.
So I won't be surprised if we touch $8000 this year, but we don't know if it's going to be sustainable as we approach 2020. I'm sure lots of crypto investors are very positive in 2020 because of the block halving event. So patience is still the key here, whether was price the market is offer at the end of the year.
So I won't be surprised if we touch $8000 this year, but we don't know if it's going to be sustainable as we approach 2020. I'm sure lots of crypto investors are very positive in 2020 because of the block halving event. So patience is still the key here, whether was price the market is offer at the end of the year.
Bitcoin is too much volatile. This current price is 7500$ and it can pump to 8000$ in an hour or it can take weeks before it reaches this mark. This is how much uncertain bitcoin prices and no one is able to guess it correctly.
I doubt that we'll see such levels f support around 9.5k soon. Perhaps it'll take another quarter for such prices to be reached. I think that there's too much selling pressure from recent downturns when lower prices were reached and the BTC/USD markets sustained levels there even for a while. There's BTC to be offloaded also from times when where volumes were large at bigger prices. Profit taking and selling pressure would keep a bull run from taking off at a fast pace IMO.
Believe to the moment will come that the market will show some huge pumps next year, not only just reaching into $9.5k mark but eventually, we can make more than that if investors will give their trust and strong support in crypto. Not possible that we are able to make another ATH but the problem is we don't know when and I don't think that people are still having the patience for that.
I believe you, but I already believe we'll get to 10k. Not just because of any pump but because price naturally must hit 10k again in the medium term. ATH is another story and it's one that is possible in 2020 but I believe is more likely in 2021 if not even the following year. Remember once we break ATH all hell will break loose. BTC needs to be strong for that moment otherwise it will fall even worse than 2018.
now we are at the end of the year and the value of bitcoin is stable at $ 7000 - $ 7500. I think bitcoin won't be able to reach $ 9500. the last two months bitcoin has continued to decline and I think this is the work of whales who want to buy bitcoin at a cheaper price. hopefully next year bitcoin starts to enter the bull market and pump up.
Believe to the moment will come that the market will show some huge pumps next year, not only just reaching into $9.5k mark but eventually, we can make more than that if investors will give their trust and strong support in crypto. Not possible that we are able to make another ATH but the problem is we don't know when and I don't think that people are still having the patience for that.
if I read the title of the bitcoin thread it can move towards $9500, if only words like that anyone can say "bitcoin can go to $10,000". I think it would be better if your words were accompanied by ideas, for example adequate technical analysis or good news about Bitcoin or others. so you're not like psychics who can only guess the price just like that.
I guess $8000 should be the target at least at the end of the year. There have been several humps along the way though, and it seems that $7600-$7800 is a big psychological barrier in front of us. Looking back at last year, we have some minor rallies approaching Christmas or least weeks before.
So I won't be surprised if we touch $8000 this year, but we don't know if it's going to be sustainable as we approach 2020. I'm sure lots of crypto investors are very positive in 2020 because of the block halving event. So patience is still the key here, whether was price the market is offer at the end of the year.
So I won't be surprised if we touch $8000 this year, but we don't know if it's going to be sustainable as we approach 2020. I'm sure lots of crypto investors are very positive in 2020 because of the block halving event. So patience is still the key here, whether was price the market is offer at the end of the year.
Bitcoin is too much volatile. This current price is 7500$ and it can pump to 8000$ in an hour or it can take weeks before it reaches this mark. This is how much uncertain bitcoin prices and no one is able to guess it correctly.
I guess $8000 should be the target at least at the end of the year. There have been several humps along the way though, and it seems that $7600-$7800 is a big psychological barrier in front of us. Looking back at last year, we have some minor rallies approaching Christmas or least weeks before.
So I won't be surprised if we touch $8000 this year, but we don't know if it's going to be sustainable as we approach 2020. I'm sure lots of crypto investors are very positive in 2020 because of the block halving event. So patience is still the key here, whether was price the market is offer at the end of the year.
So I won't be surprised if we touch $8000 this year, but we don't know if it's going to be sustainable as we approach 2020. I'm sure lots of crypto investors are very positive in 2020 because of the block halving event. So patience is still the key here, whether was price the market is offer at the end of the year.
It is quite enough to justify that the market remains to be unpredictable all the time. We could witness another drop-off if past days but we are turning back and headed for another $10k sooner. Though it seems hard to make this year, and the possibility will be able to make another big run early next year before halving is than. But people are still hopeful that it will hit and see a bullish market again.
First target to beat is 7700 which is a long trend of declining prices but it is quite positive short term over the last few days, it reset but then recovered above the 8 day average again.
So blue line is 8 day and its beaten some negative trend if not yet fully recovered itself. Its debateable if it can get 9000 before the year end but Bitcoin is very volatile and its hard to say it wont but theres alot of work for it to hold in that area from here.
So blue line is 8 day and its beaten some negative trend if not yet fully recovered itself. Its debateable if it can get 9000 before the year end but Bitcoin is very volatile and its hard to say it wont but theres alot of work for it to hold in that area from here.
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