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Topic: Is Bitcoin going to $9200? (Read 1177 times)

sr. member
Activity: 630
Merit: 265
December 22, 2019, 09:17:44 AM
I am really hoping that bitcoin would start to increased it's price today even it doesn't reach it's price to $9200, as long it has a good price before the end of the year of 2019. For us to know if there will be a possibility that bitcoin could reach it's price again up to 20k USD and just to gain back all of our losses.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
December 22, 2019, 12:50:49 AM
Just another pump analyzer.  Grin

Well, it could happen. It is December and people are receiving their bonuses.
If some do like the idea of investing that money into bitcoin then we might really see a small pump ahead.
But, it will not be fruitful in a sudden. It might bloom mid January or maybe even in the month of February.

Yeah, I am also speculating now.  Grin
but admit it mate specially for those bitcoin holders that positive Analyzer is what we want now right?instead of Fud and negativity it is better that we are seeing post similar to this.

i hate to read some bad news and negative this season because it is beyond expectation that the price will fall early December things that we are looking before the month ends.

so for now?let us cherish the link (though it is hard to expect this year)
sr. member
Activity: 980
Merit: 255
December 21, 2019, 09:54:52 PM
it turns out to be broken for the pattern prediction. I say no for now. because the decline in bitcoin is still continuing. I think bitcoin will reach $ 9200 after halving happens. and that's 2020. But I can't guarantee that. bitcoin doubts are very much now. especially from new investors. so that support continues to fall. I think there is only one reason. when whales has cleaned up people who panic about bitcoin. a pump will be carried out.

It only means that there are no clear patterns here, we thought that $9k is possible, but damn, we're all wrong here, or least majority of us are still hoping for a good run at the end of the year. Trading volumes though are still good, but I don't know, maybe there are factors from behind that is really pulling the price in the last couple of weeks.
With just a few days left in the year I think we can finally safely discard the possibility that we are going to see may kind of significant recovery at the end of the year, depending on your perspective this can be good or bad, I know there are people that want the market to recover as soon as possible.

But the more time the market takes to recover the more time you have to use whatever fiat that you have available to buy bitcoin, and if you do that the more profits you will obtain in the future.
legendary
Activity: 2338
Merit: 1084
zknodes.org
December 20, 2019, 08:35:41 PM
I'm really not sure Bitcoin will reach $9200 in the remaining time at the end of this year, because when I look at my technical analysis it's only MACD, Momentum, SMA (5), (10) and EMA (5), (10) that give signals buy. and the other indicators only provide all sell signals. so I think it's still hard to reach the price of $9200. but I hope at least by the end of this year the price of bitcoin can reach $8000.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
December 20, 2019, 04:59:08 AM
it turns out to be broken for the pattern prediction. I say no for now. because the decline in bitcoin is still continuing. I think bitcoin will reach $ 9200 after halving happens. and that's 2020. But I can't guarantee that. bitcoin doubts are very much now. especially from new investors. so that support continues to fall. I think there is only one reason. when whales has cleaned up people who panic about bitcoin. a pump will be carried out.

It only means that there are no clear patterns here, we thought that $9k is possible, but damn, we're all wrong here, or least majority of us are still hoping for a good run at the end of the year. Trading volumes though are still good, but I don't know, maybe there are factors from behind that is really pulling the price in the last couple of weeks.

there is still a possibility that market prices will increase to $ 9200 by the end of this year, if indeed the decline in market prices does not continue in the near future, then I can predict it will happen in the last week of this year, exactly as you said

Chance is always there. In the past, many times we've seen spectacular price increases in a very short time. However, investors in December are very "sleepy". There is no interest from speculators on the market. I think that for any sharp movements, we will have to wait until next year.
When there happens small forward push in the price automatically more investors gets active in the market. This means everyone are waiting for the right occasion, as said similar price pumping have happened earlier. Even the recent price increase to $14000 happened all of the sudden in a much short time period.
hero member
Activity: 2002
Merit: 516
December 20, 2019, 04:47:56 AM
it turns out to be broken for the pattern prediction. I say no for now. because the decline in bitcoin is still continuing. I think bitcoin will reach $ 9200 after halving happens. and that's 2020. But I can't guarantee that. bitcoin doubts are very much now. especially from new investors. so that support continues to fall. I think there is only one reason. when whales has cleaned up people who panic about bitcoin. a pump will be carried out.

It only means that there are no clear patterns here, we thought that $9k is possible, but damn, we're all wrong here, or least majority of us are still hoping for a good run at the end of the year. Trading volumes though are still good, but I don't know, maybe there are factors from behind that is really pulling the price in the last couple of weeks.

there is still a possibility that market prices will increase to $ 9200 by the end of this year, if indeed the decline in market prices does not continue in the near future, then I can predict it will happen in the last week of this year, exactly as you said

Chance is always there. In the past, many times we've seen spectacular price increases in a very short time. However, investors in December are very "sleepy". There is no interest from speculators on the market. I think that for any sharp movements, we will have to wait until next year.
hero member
Activity: 2478
Merit: 512
Leading Crypto Sports Betting & Casino Platform
December 19, 2019, 10:31:56 PM
it turns out to be broken for the pattern prediction. I say no for now. because the decline in bitcoin is still continuing. I think bitcoin will reach $ 9200 after halving happens. and that's 2020. But I can't guarantee that. bitcoin doubts are very much now. especially from new investors. so that support continues to fall. I think there is only one reason. when whales has cleaned up people who panic about bitcoin. a pump will be carried out.
Even there's a btc halving next year it cant guarantee anything and we are hoping this event will trigger the price to pump just like what happened in the history. This year is going to end and some of us are expecting to have a price recovery but it seems everything is uncertain and what we can do is to wait.
As far as I remember, the positive expectations for the growth of bitcoin were associated with the launch of Bakkt and the arrival of institutional investors. This did not affect the market, because bitcoin trading almost did not grow, we do not know exactly how whales affect the bitcoin market, so we often lose money.

Buy the rumours, sell the news. Same thing happened with the CME futures. And now the market moves according to the 6 month contracts. How times are a-changing.

sometimes even good news doesn't affect the price of Bitcoin / Altcoin this year. very different when back in 2017. Today, We can see the price of Bitcoin down dramatically to 6600 USD, we don't know because of what news. no bad news I guess. the Bitcoin price cycle in 2019 is indeed still low in movement. hopefully, next year will be even better and affect the price of Altcoin. because I'm sure the Altcoin session is also very much awaited by the holders.
sr. member
Activity: 1792
Merit: 264
December 19, 2019, 01:01:41 PM
it turns out to be broken for the pattern prediction. I say no for now. because the decline in bitcoin is still continuing. I think bitcoin will reach $ 9200 after halving happens. and that's 2020. But I can't guarantee that. bitcoin doubts are very much now. especially from new investors. so that support continues to fall. I think there is only one reason. when whales has cleaned up people who panic about bitcoin. a pump will be carried out.

It only means that there are no clear patterns here, we thought that $9k is possible, but damn, we're all wrong here, or least majority of us are still hoping for a good run at the end of the year. Trading volumes though are still good, but I don't know, maybe there are factors from behind that is really pulling the price in the last couple of weeks.

there is still a possibility that market prices will increase to $ 9200 by the end of this year, if indeed the decline in market prices does not continue in the near future, then I can predict it will happen in the last week of this year, exactly as you said
sr. member
Activity: 2828
Merit: 344
win lambo...
December 18, 2019, 06:39:35 PM
Bitcoin is currently showing signs of collapse in the short term. If the support level of 7000$ is broken, the price of BTC will certainly go down to 5800-6000$. But in the long run until April 2020, I think BTC will go up again because of the halving event. Price of BTC if pumped will surely surpass 10,000$
If the support of 7,100 dollars is broken, the price of bitcoins could continue to fall to 5,800 dollars and even further fall.
Right now we don't need to panic because there is also a tendency of slight price recovery. And let's look forward to next year as there are definitely a lot of fuds to go around.
We can't expect that price may recover if people will set their buying price at the very low and some sellers may catch those prices cause they are already been caught by FOMO. If we would like to move Bitcoin price back high again, we just hold our BTC's right now and wait until the price will show recoveries.
At least we do something that can help bitcoin price, and help our investment too. I think holding with patient is not a bad thing, when maybe other people say bad about bitcoin price, i think if we really believe, holding is our chance to get profit more than it and at least we're not suffer because regret when we sell it in hurry and then price back to be better in future.
Being a patient person can sometimes lead you to huge losses. There are a lot of stories who hold their coins in a long time because they have a lot of patience and the result is negative. We should know when to hold or when to sell our bitcoins. I do not hold when the market is red because I'm aware that I will experience losses. I will only hold when the trend is green where the price is rising.
Indeed, it already happens to me. I'd never sell my altcoins during the last bull run cause I thought that it will continue to grow next year but the market badly turn down and crashes the entire crypto market. And I'd think that patient could some plays with luck or may not. But I'm still holding some of my altcoins for the hopes that price will turn back high and I could sell it.
legendary
Activity: 1473
Merit: 1086
December 18, 2019, 12:21:28 PM
it turns out to be broken for the pattern prediction. I say no for now. because the decline in bitcoin is still continuing. I think bitcoin will reach $ 9200 after halving happens. and that's 2020. But I can't guarantee that. bitcoin doubts are very much now. especially from new investors. so that support continues to fall. I think there is only one reason. when whales has cleaned up people who panic about bitcoin. a pump will be carried out.
Even there's a btc halving next year it cant guarantee anything and we are hoping this event will trigger the price to pump just like what happened in the history. This year is going to end and some of us are expecting to have a price recovery but it seems everything is uncertain and what we can do is to wait.
As far as I remember, the positive expectations for the growth of bitcoin were associated with the launch of Bakkt and the arrival of institutional investors. This did not affect the market, because bitcoin trading almost did not grow, we do not know exactly how whales affect the bitcoin market, so we often lose money.

Buy the rumours, sell the news. Same thing happened with the CME futures. And now the market moves according to the 6 month contracts. How times are a-changing.
full member
Activity: 517
Merit: 101
December 18, 2019, 11:40:22 AM
it turns out to be broken for the pattern prediction. I say no for now. because the decline in bitcoin is still continuing. I think bitcoin will reach $ 9200 after halving happens. and that's 2020. But I can't guarantee that. bitcoin doubts are very much now. especially from new investors. so that support continues to fall. I think there is only one reason. when whales has cleaned up people who panic about bitcoin. a pump will be carried out.
Even there's a btc halving next year it cant guarantee anything and we are hoping this event will trigger the price to pump just like what happened in the history. This year is going to end and some of us are expecting to have a price recovery but it seems everything is uncertain and what we can do is to wait.
As far as I remember, the positive expectations for the growth of bitcoin were associated with the launch of Bakkt and the arrival of institutional investors. This did not affect the market, because bitcoin trading almost did not grow, we do not know exactly how whales affect the bitcoin market, so we often lose money.
hero member
Activity: 2660
Merit: 551
December 18, 2019, 06:50:20 AM
it turns out to be broken for the pattern prediction. I say no for now. because the decline in bitcoin is still continuing. I think bitcoin will reach $ 9200 after halving happens. and that's 2020. But I can't guarantee that. bitcoin doubts are very much now. especially from new investors. so that support continues to fall. I think there is only one reason. when whales has cleaned up people who panic about bitcoin. a pump will be carried out.

It only means that there are no clear patterns here, we thought that $9k is possible, but damn, we're all wrong here, or least majority of us are still hoping for a good run at the end of the year. Trading volumes though are still good, but I don't know, maybe there are factors from behind that is really pulling the price in the last couple of weeks.
hero member
Activity: 3010
Merit: 629
December 17, 2019, 11:47:31 PM
it turns out to be broken for the pattern prediction. I say no for now. because the decline in bitcoin is still continuing. I think bitcoin will reach $ 9200 after halving happens. and that's 2020. But I can't guarantee that. bitcoin doubts are very much now. especially from new investors. so that support continues to fall. I think there is only one reason. when whales has cleaned up people who panic about bitcoin. a pump will be carried out.
Even there's a btc halving next year it cant guarantee anything and we are hoping this event will trigger the price to pump just like what happened in the history. This year is going to end and some of us are expecting to have a price recovery but it seems everything is uncertain and what we can do is to wait.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
December 17, 2019, 11:30:04 PM
In the coming days as per the article it says it will break $9400, however it seems like it does not happen yet, instead BTC now drop below $7K and this is not the direction we like to see, in 2 weeks remaining this, I have doubt that we can still reach at the target of OP. honestly....

For this year maybe it will never happen since many afraid to stake on the current market condition since it's been predicted that it could ever dump for more and hopefully we can see a great recovery in first quarter next year since if the dump will continuously occur maybe we will lose a lot of supporters since many people will flee away if halving will not bring any satisfactory effect to the people.
What we can do is just remain hopeful for recover.
Actually this year there was a recover, btc reach $13,000 but it's just sad that we are expecting we will finish strong this year but it seems it will not happen.
legendary
Activity: 1316
Merit: 1145
December 17, 2019, 11:15:45 PM
it turns out to be broken for the pattern prediction. I say no for now. because the decline in bitcoin is still continuing. I think bitcoin will reach $ 9200 after halving happens. and that's 2020. But I can't guarantee that. bitcoin doubts are very much now. especially from new investors. so that support continues to fall. I think there is only one reason. when whales has cleaned up people who panic about bitcoin. a pump will be carried out.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
December 17, 2019, 10:49:30 PM
Bitcoin is breaking major support one after the other. This isn't the good sign for the end year. Usually, during the end of the year, people go on holidays, take out money from the assets and dont prefer trading. This will effect bitcoin price adversely.

So I am expecting more melt down in term of prices than any hope of recovery. If price had to go up, it would have been by now. Also, if you look at charts, major bitcoin holder have accumulated lot of bitcoin and are away from trading. This could lead to some major price action in coming weeks or months.
As you said, the year-end decline usually occurs because of the effects of the holidays.  so, I think it's quite difficult to reach the price of $ 9k at the end of this year.  in fact, falling prices to reach the level of $ 6k is one proof.  however, reaching just $ 7,500 for the end of this year is a good achievement.
And more, there is still potential for bitcoin prices to fall lower, so it's quite difficult to expect bitcoin to reach $ 9k
We never know what to happen after some time there's still a lot of time since the holiday season is approaching and we know that money either to flow or it will be decrease it will be depends from how traders will show support or withdraw their funds. Everything still possible and things might happen in a quicker manner.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
December 17, 2019, 10:43:52 PM
Bitcoin is breaking major support one after the other. This isn't the good sign for the end year. Usually, during the end of the year, people go on holidays, take out money from the assets and dont prefer trading. This will effect bitcoin price adversely.

So I am expecting more melt down in term of prices than any hope of recovery. If price had to go up, it would have been by now. Also, if you look at charts, major bitcoin holder have accumulated lot of bitcoin and are away from trading. This could lead to some major price action in coming weeks or months.
As you said, the year-end decline usually occurs because of the effects of the holidays.  so, I think it's quite difficult to reach the price of $ 9k at the end of this year.  in fact, falling prices to reach the level of $ 6k is one proof.  however, reaching just $ 7,500 for the end of this year is a good achievement.
And more, there is still potential for bitcoin prices to fall lower, so it's quite difficult to expect bitcoin to reach $ 9k
sr. member
Activity: 980
Merit: 255
December 17, 2019, 10:22:08 PM
Agree with your opinion, the market always collapses at the end of the year and there is no volume.I don't know what the exact reason is but it always happens, maybe they are consolidating profits at the end of the year and do not want to invest in anything else at this stage. So the price of BTC and altcoins continues to collapse as people have no need to buy, given the current situation, I hope in the first months of 2020 BTC can rise to $9000-10000 before halving in May
Another possibility for the decrease in the price of bitcoin probably has to do with the holidays, at this time many people take a break from everything that they are doing and prefer to spend time with their families and they don't have the time to watch the markets as they usually do.

So they prefer to close their positions instead of maintaining them open and risk losing money when they are looking away, this could increase the supply of bitcoin in the markets and decrease the demand as well and this always makes the price to go down.
hero member
Activity: 812
Merit: 512
December 17, 2019, 11:20:55 AM
Agree with your opinion, the market always collapses at the end of the year and there is no volume.I don't know what the exact reason is but it always happens, maybe they are consolidating profits at the end of the year and do not want to invest in anything else at this stage. So the price of BTC and altcoins continues to collapse as people have no need to buy, given the current situation, I hope in the first months of 2020 BTC can rise to $9000-10000 before halving in May
hero member
Activity: 1078
Merit: 507
December 17, 2019, 08:30:53 AM
Bitcoin is breaking major support one after the other. This isn't the good sign for the end year. Usually, during the end of the year, people go on holidays, take out money from the assets and dont prefer trading. This will effect bitcoin price adversely.

So I am expecting more melt down in term of prices than any hope of recovery. If price had to go up, it would have been by now. Also, if you look at charts, major bitcoin holder have accumulated lot of bitcoin and are away from trading. This could lead to some major price action in coming weeks or months.
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