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Topic: Can bitcoin touch 9k USD next month? (Read 1101 times)

sr. member
Activity: 2100
Merit: 309
January 22, 2020, 07:54:32 PM
Indeed, the price of bitcoin has touched 9k but that is only for a moment and I think if this growth can occur even if it is gradual, then it is very likely that 9k next month will be the lowest point because the correction continues and that is something that makes the increase can continue consistently. With this event, we cannot expect a rapid and growing increase over time.
Many investor sell directly their bitcoin assets after touch $9,000 and bitcoin only on the top price for awhile and back later with lower price, look what happen last day when bitcoin have been touch $8,800 and few moment later bitcoin suddenly drop with lower price, maybe have been waiting by many trader and investor to sell bitcoin and make dump.
hero member
Activity: 1484
Merit: 516
January 24, 2020, 12:31:00 PM
As I predicted bitcoin going to touch 10k soon by this year.
many suggested it can't be,
many suggested it will go down again.
but recently bitcoin has grown up from 7k to today 8.6k.
Now I am prediciting bitcoin price by next month or end of this month will touch 9k.
whats you guys say?

many people feel sure if bitcoin is able to touch the price of 10 thousand this year, there is even a lot of speculation if the price of bitcoin will increase so that it can make a new history this year. however, of course we cannot be sure whether bitcoin at the end of this month can reach 9 thousand, because in reality there are always factors that can influence the rise and fall of bitcoin prices
legendary
Activity: 3486
Merit: 1055
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January 22, 2020, 05:07:32 PM
Indeed, the price of bitcoin has touched 9k but that is only for a moment and I think if this growth can occur even if it is gradual, then it is very likely that 9k next month will be the lowest point because the correction continues and that is something that makes the increase can continue consistently. With this event, we cannot expect a rapid and growing increase over time.
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
January 22, 2020, 01:34:36 PM
Bitcoin is already touching the 9k$ few days ago and I think it will increase again and pass it in the next pump of the price. We just need to be patient and buy if we have the money for now.
sr. member
Activity: 1344
Merit: 270
January 22, 2020, 01:26:17 PM
Next month will close with bitcoin halving time and only left about 90 days for halving moment where can make bitcoin raise up to higher price, I think next month bitcoin can touch more than $9,000 and keep going to higher price above $10,000. Look most realistic with bitcoin can back to higher price because many good thing why bitcoin have been with higher price.
hero member
Activity: 1106
Merit: 502
January 20, 2020, 11:25:10 AM
At the moment the price of bitcoin is at 8,600 USD, it has reached 9,100 USD in recent days but it has quickly fallen again. Maybe it's because of the whales that keep bitcoin under control so we have to be careful because it might just be a bull trap. We do not know when the price of bitcoin will rise so we should be prepared and buy bitcoin only when prices fall.
For me, it wasn't whales that keep btc under control. It seems you forgot about traders selling point. Movement like this is pretty normal and obviously not made by whales. It's expected for price to fall upon reaching a price point. If it was made by whales, the price reaction won't be like this but look the price is pretty fine after that fall and didn't even cause a panic or maybe that's just how I view the situation. They are pretty confident that we're still in good run despite of that fall.
You are right, the current movement is very normal, there are still around 4 months before halving so if bitcoin increase very high it will be too fast if it happens at this time. the price may still be a correction and strengthen the support at 9-10k. I hope the price will stable above 10k before halving occurs. because I'm sure there will be a lot of FUD ahead of halving.
full member
Activity: 1540
Merit: 219
January 20, 2020, 07:12:11 AM
Just after few days posting this, I think there's no need for us to wait until next month. There's a possibility that bitcoin could touch $9,000 even before the end of January 2020.

The price today stands at $8,827 and just few hundred dollars away and we'll be touching that aim of yours. And we can also get to see $10,000 as soon as possible with the time frame that we are not expecting.
I think this week bitcoin will reach $ 9k. to be honest, I think that the price of $ 9k will be reached in February, or March, but it seems like this year the price of bitcoin starts with a slow pump which is quite good. I'm starting to believe that when in 1-2 days the price of bitcoin reaches the level of $ 9k, people will speculate that the price of bitcoin will reach $ 10k at the end of this month  Cheesy
It is hard to believe that the market value will suddenly reach that far within a few days or within a month knowing that the market value increase at this moment has no assurance that it would be continuous. Bitcoin is a powerful crypto but if we would consider the situation at this moment, and how volatile in nature the market is, it would be absurd to think in such way. But for now, be patient and carefully observe how the market would behave for the next months.
legendary
Activity: 2058
Merit: 1015
January 20, 2020, 06:53:34 AM
At the moment the price of bitcoin is at 8,600 USD, it has reached 9,100 USD in recent days but it has quickly fallen again. Maybe it's because of the whales that keep bitcoin under control so we have to be careful because it might just be a bull trap. We do not know when the price of bitcoin will rise so we should be prepared and buy bitcoin only when prices fall.
For me, it wasn't whales that keep btc under control. It seems you forgot about traders selling point. Movement like this is pretty normal and obviously not made by whales. It's expected for price to fall upon reaching a price point. If it was made by whales, the price reaction won't be like this but look the price is pretty fine after that fall and didn't even cause a panic or maybe that's just how I view the situation. They are pretty confident that we're still in good run despite of that fall.
sr. member
Activity: 2226
Merit: 347
January 20, 2020, 06:42:32 AM
At the moment the price of bitcoin is at 8,600 USD, it has reached 9,100 USD in recent days but it has quickly fallen again. Maybe it's because of the whales that keep bitcoin under control so we have to be careful because it might just be a bull trap. We do not know when the price of bitcoin will rise so we should be prepared and buy bitcoin only when prices fall.

No its not the whales who controls the price to drop again in $8,000 level but the traders and investors who sold their alts and btc when the price touches $9,100. It has been a normal scene in cryptocurrency if the price was down for quite a long time and then suddenly rise people is rushing to sell it in a good price.
sr. member
Activity: 1111
Merit: 255
January 20, 2020, 06:32:21 AM
At the moment the price of bitcoin is at 8,600 USD, it has reached 9,100 USD in recent days but it has quickly fallen again. Maybe it's because of the whales that keep bitcoin under control so we have to be careful because it might just be a bull trap. We do not know when the price of bitcoin will rise so we should be prepared and buy bitcoin only when prices fall.
legendary
Activity: 3080
Merit: 1353
January 19, 2020, 11:39:50 PM


See bitcoin has touched the price of $9130 in mid-January means that the current movement of bitcoin is good though slowly but it will definitely continue to rise, next month we will target bitcoin to the price of $10000 whether it will happen in February?
Bullish has arrived and bitcoin is really growing well earlier this year I hope it will be bullish for this year and last a long time.

Yes, it was a long way, but it is very worth to wait to see the price finally touching $9000 and it's a good indication that the bulls are somewhat taking over the market. However, just like when we touch psychological barrier, it will follow but a price correction. -$500 now, but it is still good as we have seen the support level is very strong. $10000 possible at the end of the month? Let's see how it goes, FOMO will kick in if we touch $9000 again and then goes for the 5 digit mark once more.
hero member
Activity: 2884
Merit: 579
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January 19, 2020, 05:22:01 PM
Just after few days posting this, I think there's no need for us to wait until next month. There's a possibility that bitcoin could touch $9,000 even before the end of January 2020.

The price today stands at $8,827 and just few hundred dollars away and we'll be touching that aim of yours. And we can also get to see $10,000 as soon as possible with the time frame that we are not expecting.
Maybe you missed something, the price reached 9050 $ a few days ago. You should update everything more carefully before making a statement. And by the end of January we will certainly see Bitcoin go up to 9000 $ again, and if bitcoin crosses this range then 10000 $ in February is certain.
Probably I did but today, I've seen bitcoin reached $9,100.  Cheesy

But then again, normally when we see rise quickly for bitcoin's price there will be an opposite reaction and that will always be the correction. Bitcoin goes down to $8,600 again as of typing this and it must be the price support.
hero member
Activity: 2660
Merit: 551
January 19, 2020, 02:58:34 PM
It's already over in this year Bitcoin has reached 9k US dollar in the price chart so if you want to discuss more about the US dollar value it might be senseless based upon the opening date of this thread.
Simply we can categorise the value using the price chart if there is good adoption and positive news we can conclude that between is going in green way.

But after touching $9k, the price did go down a bit, I'm seeing $8600 today.

So yes, we have achieved the goal to reach $9k this month, however, it is not sustainable. We still have weeks though, to try and breach it for good. We have a minor pullback, just normal as people are talking profits and re-entering their positions.
STT
legendary
Activity: 4088
Merit: 1452
January 19, 2020, 02:55:31 PM
It can get to a common price like this because so many people watch that area.   Its the 200 day average but also we then repel vs that point with some selling both by speculators long and new shorts now looking for price movement downwards.
  From what I can see BTC remains bullish, its only pulled back so far to the weekly average which indicates its likely still within a positive phase.   If we lose this measure then it can reset to a lower price still.

legendary
Activity: 2744
Merit: 1174
January 19, 2020, 01:54:40 PM
Congratulations you don't have to wait next month to see Bitcoin 9k$ price. In the morning it was 9100$ and all of sudden while I was having my evening tea I saw a downword slide of approx 500$. Now Bitcoin is at 8600$. You cant ever predict this currency with accuracy.

Well as we observed it is short lived after hitting $9k.  It hits $9k yesterday and revisted it again today, then after that  sellers become to dump Bitcoin pushing it downward to $8600, do you think price will go below $8k, I read some negative view about Bitcoin revisiting $6k after this rally to $9k.  Is it even possible while Bitcoin sentiment is bullish?

It kept establishing higher highs so it wasn't a rejection dump. It hit 9k then backed a bit and pumped again to 9180 which is great- each time higher high. Then it backtracked again as some people take profit, just like it did on 17.01 after breaking 9k for the first time. All organic. Then somebody dumped a big stash and it broke down. It looks like he was waiting to do it but hoped for 10k. When it didn't happen and looked like a retrace back to 8900 he sold everything. It did not look like a move by a trader but more like someone unloading and exiting. Some people held since Summer of 2019 and waited for something like this to finally take profit and exit the market. I also bought a few things with my coins went back above 8k for the first time since November.
hero member
Activity: 1106
Merit: 527
January 19, 2020, 01:18:11 PM
It's already over in this year Bitcoin has reached 9k US dollar in the price chart so if you want to discuss more about the US dollar value it might be senseless based upon the opening date of this thread.
Simply we can categorise the value using the price chart if there is good adoption and positive news we can conclude that between is going in green way.
hero member
Activity: 788
Merit: 505
January 19, 2020, 10:04:28 AM
Congratulations you don't have to wait next month to see Bitcoin 9k$ price. In the morning it was 9100$ and all of sudden while I was having my evening tea I saw a downword slide of approx 500$. Now Bitcoin is at 8600$. You cant ever predict this currency with accuracy.

Well as we observed it is short lived after hitting $9k.  It hits $9k yesterday and revisted it again today, then after that  sellers become to dump Bitcoin pushing it downward to $8600, do you think price will go below $8k, I read some negative view about Bitcoin revisiting $6k after this rally to $9k.  Is it even possible while Bitcoin sentiment is bullish?

nothing can be said with certainty about bitcoin. It may go down to 5k$ or may go up and touch 9k$ tomorrow. All we need is keep buying bitcoin at dip and sell them at high. Dont greed just sell at your target price else you will be always cursing the market.
legendary
Activity: 2436
Merit: 1189
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January 19, 2020, 09:52:44 AM
The price of bitcoin is now around $8636.53 . And it already backed after touching 9200$. If we follow the last few weeks of bitcoin movement we can see that from $6000 it comes to $9000 very quickly. So this was a quick spike of bitcoin now it is time to make some correction. we can see another 100-200$ fall before start run again to ahead. But I think it will not take more time to come back. we can see another 9000$ in this month IMO.
sr. member
Activity: 1092
Merit: 271
January 19, 2020, 08:28:55 AM
Congratulations you don't have to wait next month to see Bitcoin 9k$ price. In the morning it was 9100$ and all of sudden while I was having my evening tea I saw a downword slide of approx 500$. Now Bitcoin is at 8600$. You cant ever predict this currency with accuracy.

Well as we observed it is short lived after hitting $9k.  It hits $9k yesterday and revisted it again today, then after that  sellers become to dump Bitcoin pushing it downward to $8600, do you think price will go below $8k, I read some negative view about Bitcoin revisiting $6k after this rally to $9k.  Is it even possible while Bitcoin sentiment is bullish?
hero member
Activity: 788
Merit: 505
January 19, 2020, 08:10:47 AM
Congratulations you don't have to wait next month to see Bitcoin 9k$ price. In the morning it was 9100$ and all of sudden while I was having my evening tea I saw a downword slide of approx 500$. Now Bitcoin is at 8600$. You cant ever predict this currency with accuracy.
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