Topic: January end , can BTCtouch 9k? - page 4. (Read 2276 times)

That's right good start for cryptocurrency prices for this year if we compare with the last year when the market just going bad even the most price of cryptocurrency decreased a lot. Bitcoin had touched its all time low in the last year when its price decreased to $3500 even the sentiment market at that time was bad. You may know at that time there many speculation that bitcoin price will fall to $1000 and some of speculator says its price will go below $1000. But now it is really different, bitcoin has getting old and was considered by most investor as safe investment place. You can see when the conflict came between Iran and US the bitcoin price event most of cryptocurrency prices was increasing and seems like that was pointed out cryptocurrency can be made as safe heaven beside gold.

Maybe the people secure their profits already since the price became stable but we should get panic and place close attention for the current price since if the correction will stop the certain pumping level will came for sure and we still have halving coming right? So we still have a huge hype coming on next following month.

And I would say the hype is over, btc price now currently trading at $8279, so it's another day of red market.
seems like people have already calm down, no more hype in the market right now and all eyes are just watching when this correction will land.

Bitcoin make a good move at the start of the year its pump up so high and reaching the 9000+ level but after that the price starting to down and the correction appear well this is normal to market. I'm expectiong to back to 8k+ then we can have a chance to back to 9k level again since the 2020 halving is so near.

Starting of the month there is good growth with the price. This was predicted to have a bigger price, but the expectation didn't got reached when price started to fall as a result of market correction. The fluctuation that continued over the past few days have ended with some drop in the price of bitcoin. This has made bitcoin to be close to $8400.

As one more week is remaining before the end of the month there is more chances for $9000+ by the ongoing month end.

It can and why not? Bitcoin is an interesting thing. Reaching 9k this month is already a good start.
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I don't think we'll see 9k by the end of the month, no. The market sentiment has changed a bit and we are now trying to hold onto support levels. We only have a week left before the end of Jan, and it would take a dramatic unexpected swing to see the trend reverse and bitcoin hit that 9k level.
I do think that 2020 will be a good year and we will see improving sentiment, but in the shorter term we are just trying to hold onto support.

hopefully $ 20,000 is achieved, anything can happen, here is the world of crypto currencies, honestly I miss Bitcoin and Altcoin flying to the moon, if it returns to $ 20,000 again it seems like the world will wake up

I rather doubt that. at this time, something that usually happens to crypto, which is a fall in prices at the end of the month, so I predict that the highest price before the end of the year is $ 8,800, and the lowest is near the $ 7k level. before, I was also very optimistic that the price of bitcoin could exceed that, but looking at the current situation, I returned to thinking about it.
however, this is only a prediction.

And this correction is likely to continue to drop until it shows under the price of $8,000. This is where the worry starts for the new comers but for those who understands the game, this is all normal and good. I saw a lot of speculations that says this is now the start of the bear market.
Heck no, it's a normal cycle that we usually see whenever bitcoin goes up easily.

it already exceed 9k this month and now bitcoin price is down again and maybe its only some  sort of correction. Bitcoin still have a high chance to reach $20k again after halving, but not higher like the prediction of some analyst. $30k is enough this year.

I remain optimistic that bitcoin in the near future will soon touch the price of $ 9,000. Even though now it is down, but bitcoin price reduction
to the price of $ 8400 is still within reasonable limits. If you don't believe, please just analyze the price movement, will definitely find that the
decline in the price of bitcoin is only a correction. Then, usually after the correction of the price of bitcoin will be soon rise. What we need to do
now is just be patient.

Am not looking out for bitcoin price to skyrocket any longer cos I do know for sure, it will exceed more than 9k before end of January. Am after the bitcoin halving coming up soon cos after that, bitcoin price will be mind blowing

That's correct, btc  reaching $9,000 this month is already a good start, remember we didn't reach that price last month and the pump that we are seeing at the start of the month is great, though there are corrections but it's normal because eventually after the correction, bitcoin will try to break resistance again, I can say that because the market is bullish going to the halving, and it's normally the thing.

Then it falls down to $8300. It's difficult to know when it will be reaching the price that we're expecting but if you are done with this price volatility it means that you are giving up already. It's a normal feature of bitcoin that you should always understand because it's how bitcoin moves. Without its volatility, maybe many will stop investing to bitcoin. The good part was we've seen it reached $9000 but the sad part was if you have missed selling at that point.

Exciting ? Yes but it's confusing too that leads to frustration because you don't know when the price is heading . You expect that it rise but no itl decline  , but it's better because it's active now . At least there are still hope or a chance of  btc to escape 9k and 10k compare to when it's stable at 7k to 8k  .  The current movement of btc is very suitable for traders but not really for hodlers

The market tried to breach the next resistance over $9k but could not sustain for a longer period, we are near those valuation and one good push will take the price well over $9k and then i am expecting a major resistance to breach the $10 k barrier and if that happens interesting things will happen, i am taking things at a time and i have my funds for these kind of market movements and i have funds for the long term, so excited on where the market will take us this time when the bull rally starts.

Youre totally right about the bitcoin block halving leading to the reduction of level of supply of bitcoin in the market which will literally causes high demanding of bitcoin (rally) but the result of the halving cant be predict base on the number of bitcoin that will halved. Mind you, the crypto community and users also grow in numbers.

Even BTC will exceed from 9K +, everyone is speculating like that and feel that this year is a year of altcoins, everyone is sympathetic, and prepare funds to buy BTC because they have confidence that BTC will exceed the 9K. Even BTC will exceed from 9K +, everyone is speculating like that and feel that this year is a year of altcoins, everyone is sympathetic, and prepare funds to buy BTC because they have confidence that BTC will exceed the 9K. For me is not that easy BTC will be able to pass through that phase, because many supporting factors that can cause the BTC is a high price. For me is not that easy BTC will be able to pass through that phase, because many supporting factors that can cause the BTC is a high price.
There are many things to consider before deciding to dive into trading. There are many things to consider before deciding to dive into trading. In fact there are some sites that I've read that with the current price increase of BTC, this is a manipulation, a strategy whereby all investors in particular from China are going to jazz up the market because the BTC USDT because they are in need of large funds In fact there are some sites that I've read that with the current price increase of BTC, this is a manipulation, a strategy whereby all investors in particular from China are going to jazz up the market because the BTC USDT because they are in need of large funds For their great day celebrations. For their great day celebrations.
And certainly after all achieved, can be known fate of BTC will be what. And certainly after all achieved, can be known fate of BTC will be what. But it's all approximateBut it's all approximate.

Bitcoin will never remain stable. Why on earth would you want it to? That's just not how markets like this work. Personally, I like the lows and the highs. Gives you a great opportunity to make some easy money. Even if you don't know how to trade, you can surely figure out that $3k last year was pretty low and whatever Bitcoin ends up reaching during the next run is probably going to be the high. You really don't even have to ever look at a chart if you just buy low and sell high.