Interestingly enough even after going under $16k, it has went back up now. So, I don't know what to say anymore about it. I thought the increase stopped and price finally started to go down, I got excited because it meant I could get in once again, now I am not so sure about it. I already have a bit of crypto in my account, and I have some USDT as well and I want to get involved but I am not sure about what to do and how to do it, I just know that I can wait a lot longer than market could wait and I will be patient about when I will increase my portfolio.
So, $17k is once again very possible, it is not something I am expecting too quickly but it is looking more and more possible the longer bitcoin declines to go down, when it can't go down the only way is up and above.
Topic: Bitcoin price to reach $17k? - page 2. (Read 1199 times)
Bitcoin wanted to retest $ 17000 but was unable to, the last resistance was at $ 16400,
and now it's down at $ 15900, this is scary for bitcoin price movements going forward,
whether bull or bear will win, we'll see.
It is up again. and now it's down at $ 15900, this is scary for bitcoin price movements going forward,
whether bull or bear will win, we'll see.
It's back to $16000 again. That is usual and expected and am more into bullish.
That is an obvious pattern,imo.
Bitcoin can't break the resistance at the 16.5k mark.
After a bit of correction, bitcoin doing great rejecting prices under 16k and hold its position right now. Tomorrow is the best time to judge how the market reacts toward bitcoin, whether it will be sideways or retest the resistance level once again. However, the bull run isn't over yet, $17k is only time matter to reach that point, probably within a week to get there.
But we just had a correction from $16,500 to below $16k, so that $17k won't happen for now. And I believed if the rally continues, we might go as high as $18k but it didn't as another roadblock has hit at $16,500, another big mental barrier that we need to overcome. So we don't know how low can it go with this market correction, perhaps we will go back to $15,500 before another leg up.
yeah, seems that $16,5k will stay for some time, but we are again above $16kit will be interesting to see what will happen until the new year, ATH seems to be out of reach, but could happen
You ask an "eternal conjecture," in your same question you get the answers, read your OP, if that asset called bitcoin had a value of $ 0.08* in its beginnings and then years later it took a value of $ 14912* (*your data). You at least know information that could lead you to have a better investment risk analysis, but but not to ask if it's worth it.
I think you should read more about the subject of investment and the risk involved in investing not only of bitcoin.
I think you should read more about the subject of investment and the risk involved in investing not only of bitcoin.
In fact, when you look at 8 cents, it's always worth it. We put much more than 8 cents into risky gambles, investors play with penny stocks and blue chips when these are all known bubbles with only a handful of stocks ever making it big -- not unlike crypto at all. People get into Bitcoin unfortunately without thinking of fundamentals, so they always see it as equal to gambling, that's why they lose. Got to make the frame of mind right first and understand what it is exactly you do when you get into BTC.
Bitcoin wanted to retest $ 17000 but was unable to, the last resistance was at $ 16400,
and now it's down at $ 15900, this is scary for bitcoin price movements going forward,
whether bull or bear will win, we'll see.
It is up again. and now it's down at $ 15900, this is scary for bitcoin price movements going forward,
whether bull or bear will win, we'll see.
It's back to $16000 again. That is usual and expected and am more into bullish.
That is an obvious pattern,imo.
Bitcoin wanted to retest $ 17000 but was unable to, the last resistance was at $ 16400,
and now it's down at $ 15900, this is scary for bitcoin price movements going forward,
whether bull or bear will win, we'll see.
It is up again. and now it's down at $ 15900, this is scary for bitcoin price movements going forward,
whether bull or bear will win, we'll see.
It's back to $16000 again. That is usual and expected and am more into bullish.
That is an obvious pattern,imo.
Bitcoin wanted to retest $ 17000 but was unable to, the last resistance was at $ 16400,
and now it's down at $ 15900, this is scary for bitcoin price movements going forward,
whether bull or bear will win, we'll see.
and now it's down at $ 15900, this is scary for bitcoin price movements going forward,
whether bull or bear will win, we'll see.
Bitcoin has risen its price from the start, which was $0.08 per coin until now which is $14912.
today, I was reading a post on CoinBazar724.com which was directed from cointelegraph.com saying that BTC may reach to even $17k!!!
Do you think this is possible?
since BTC is not remained too much, some people say it may even reach $100k!!
in this manner, do you think it is worth the risk to buy bitcoin?
Investing in bitcoin is never risky, currently $16,000, and it will increase from now to the end of the year. All predictions are very positive, bitcoin is indeed making new breakthroughs.
Every investment involve risk, if you're making money it’s inevitable you should deal with risk. I'm looking bullish, not a financial advice though but pattern looks similar as we've experienced before. But yeah i am also Bullish now till second quarter of 2021.
But we just had a correction from $16,500 to below $16k, so that $17k won't happen for now. And I believed if the rally continues, we might go as high as $18k but it didn't as another roadblock has hit at $16,500, another big mental barrier that we need to overcome. So we don't know how low can it go with this market correction, perhaps we will go back to $15,500 before another leg up.
yeah, seems that $16,5k will stay for some time, but we are again above $16k
it will be interesting to see what will happen until the new year, ATH seems to be out of reach, but could happen
For now , the bull orders control the market so I would not be surprise to reach the 17k$ market or even 17.5k$ before making a correction back to 15k$ and from then it's hard to guess what will happen as December was always a tricky month for Bitcoin with bulls and bears fighting for market control. For now , the ride looks awesome if you're board it , but if you're not, you're like me , waiting for the correction to get in.
I am also having the same expectation and expecting a market correction pretty soon as i did not expect the market to rally this fast and i am hoping that we will see some minor correction by December or during New Year's week and that is usually how the market behaves in the past but with institutional investors investing heavily whenever the market goes down i have a doubt whether things will be different this time.But we just had a correction from $16,500 to below $16k, so that $17k won't happen for now. And I believed if the rally continues, we might go as high as $18k but it didn't as another roadblock has hit at $16,500, another big mental barrier that we need to overcome. So we don't know how low can it go with this market correction, perhaps we will go back to $15,500 before another leg up.
Bitcoin has risen its price from the start, which was $0.08 per coin until now which is $14912.
today, I was reading a post on CoinBazar724.com which was directed from cointelegraph.com saying that BTC may reach to even $17k!!!
Do you think this is possible?
$16,000 down to below 15k again and this a sign of healthy market but interfering the rate of hitting that 17k.
https://coinmarketcap.com/currencies/bitcoin/
Quote
since BTC is not remained too much, some people say it may even reach $100k!!
in this manner, do you think it is worth the risk to buy bitcoin?
it is worth a risk if you are a believer and not just a random person that has been lured inside this market and promised to in this manner, do you think it is worth the risk to buy bitcoin?
become instant millionaire.
if you know what you are entering and willing to risk so profit may come?then yeah this is worth of everything.
You ask an "eternal conjecture," in your same question you get the answers, read your OP, if that asset called bitcoin had a value of $ 0.08* in its beginnings and then years later it took a value of $ 14912* (*your data). You at least know information that could lead you to have a better investment risk analysis, but but not to ask if it's worth it.
I think you should read more about the subject of investment and the risk involved in investing not only of bitcoin.
I think you should read more about the subject of investment and the risk involved in investing not only of bitcoin.
For now , the bull orders control the market so I would not be surprise to reach the 17k$ market or even 17.5k$ before making a correction back to 15k$ and from then it's hard to guess what will happen as December was always a tricky month for Bitcoin with bulls and bears fighting for market control. For now , the ride looks awesome if you're board it , but if you're not, you're like me , waiting for the correction to get in.
I am also having the same expectation and expecting a market correction pretty soon as i did not expect the market to rally this fast and i am hoping that we will see some minor correction by December or during New Year's week and that is usually how the market behaves in the past but with institutional investors investing heavily whenever the market goes down i have a doubt whether things will be different this time. 
We are at around just 900 dollars left, we are at $16.1k today which means it will be less than 10%, more like 6% or so increase at best and honestly at this period having 6% is not really that difficult and would happen very easily. We just need another push and I know it will happen one way or another even if we do not rush it.
We want to have $17k as quickly as possible and I can understand that, who wouldn't want to see bitcoin grow bigger and bigger right away, but even if we give it some time and bitcoin goes to $15k or so levels for a while and relaxes in order to collect some power and accumulation period, we could still grow over $17k by December and it would be still awesome. We just need to make sure we do not have a huge crash and rest is simple.
We want to have $17k as quickly as possible and I can understand that, who wouldn't want to see bitcoin grow bigger and bigger right away, but even if we give it some time and bitcoin goes to $15k or so levels for a while and relaxes in order to collect some power and accumulation period, we could still grow over $17k by December and it would be still awesome. We just need to make sure we do not have a huge crash and rest is simple.
If we look at the trend of Bitcoin lately, I am also optimistic that the price can reach $17,000 soon. It's still growing and quite fast I guess. I saw yesterday the price was still around $15,000 but today the price is already about $16,269 (see at CoinGecko). I'm sure if there is no big change in the Bitcoin trend or bad news about the crypto world, we have a chance to see the price of Bitcoin reaching $17,000 at the end of this month or the early of next month. But it is purely my own prediction!
There is still some time before the end of the year $17k will be reached very soon given the market situation like this, and this will be the second wave where bitcoin can again hit its highs by the end of the year I think this will make a real bullrun.You are very precise in predicting with this but have to look at the correction maybe it will continue to rise but I think the bullrun will be felt and this will really happen like the previous year.
We are talking about less than 5% increase right now. I know it is not simple to make it go up 5% when it gets stuck and it is harder to move even 1% up when we are in a bear market. However we are in a bull market right now and we are doing pretty well, this is why I feel like we are going to probably do great this month as well, November will not end with a correction or a crash, it will continue to rise.
In fact I believe before we reach to December, we will probably see 20k once again and after that we are going to be over 25+ before the year ends. Obviously these are not investment advises, do not take my word for it and do your own research, if you make an investment because of what I say, I have warned you, this is just what I believe will happen and make my own investment accordingly.
In fact I believe before we reach to December, we will probably see 20k once again and after that we are going to be over 25+ before the year ends. Obviously these are not investment advises, do not take my word for it and do your own research, if you make an investment because of what I say, I have warned you, this is just what I believe will happen and make my own investment accordingly.
For now , the bull orders control the market so I would not be surprise to reach the 17k$ market or even 17.5k$ before making a correction back to 15k$ and from then it's hard to guess what will happen as December was always a tricky month for Bitcoin with bulls and bears fighting for market control. For now , the ride looks awesome if you're board it , but if you're not, you're like me , waiting for the correction to get in.
Investing in bitcoin is never risky, currently $16,000, and it will increase from now to the end of the year. All predictions are very positive, bitcoin is indeed making new breakthroughs.
LOL, there's always that risk, not just in Bitcoin but in any other traditional markets like stocks, golds and oil. If there's no risk then everyone is super rich today. And I would say that crypto is more riskiert that's they many old fart are totally against it because it is very volatile asset and it is not back up by any other underlying assets.
However, seems obvious that the next target is $17,000 and beyond, right now it is going to $16,500, might stay there this weekend, wherein the trade slows down. So we will see, Bitcoin never surprises its supporters and the bulls remain in control right now.
If we look at the trend of Bitcoin lately, I am also optimistic that the price can reach $17,000 soon. It's still growing and quite fast I guess. I saw yesterday the price was still around $15,000 but today the price is already about $16,269 (see at CoinGecko). I'm sure if there is no big change in the Bitcoin trend or bad news about the crypto world, we have a chance to see the price of Bitcoin reaching $17,000 at the end of this month or the early of next month. But it is purely my own prediction!
Traders who are counting on November, the action is yet to begin because if you remember the last rally it ran till January and then started to retrace. If not Jan, I still see December to be a major deciding month for the bulls to continue the rally or stop it. I think we can expect at least 20% higher ATH this time at around $24000 and then see a big fall but not the worst like we saw in the last rally. It has already crossed $16k and now moving towards the key resistance to be broken for the sky to be touched.
Jump to: