Bitcoin Forum

after all the accumulation for a couple of days when price was stable at $910-$918 and also the bottom of the recent correction we are on the move up.

i expect $1000 soon be broken again mostly because of the FOMO that happens after the initial rise, and eventually an stable price above $1000.

what do you think?

Edit: added chart
https://i.imgur.com/hRjPW0f.jpg

Looks like another road to $1,000 is coming after those tremendous drop that happened. Also we might noticed that correction price landed at around $800 so I considered that price as the minimum of buying price level.

Charts tells us that starting from around $920, price increase moves much so this would be the starting line. So I can speculate now that if ever a price increase will happen this coming days, expect that it can surpass the last time high.

but the $1000 barrier is a big psychological one, so people will be afraid to buy above such level, specially after the start of year dump, considering that there are no news that could justify the rise

I don't will be easy, but will happen, eventually, and probably will take more time than some days

people were saying the exact same thing 2 months ago and i was thinking the same thing too, but never believed it. and as you can see price broke $1000 and easily went up to $1166 high.

this time however we are starting at $920 instead of $780 and there is no Chinese thing for the FUDsters to use for the dump the fake volume and the FUD time is over.

They will find something to slow it down... they always do. The Chinese government cannot be blamed for the protection of their local

currency {stopping or slowing down capital flight} but they did succeed in stunting the growth. This time no GOOD news are pushing

this climb, so I doubt if we will see those numbers again.  ::)

The price would have *never* crashed as hard as an natural correction, it crashed to low 750$'s because of the stupid ass Public Bank of China's statements, which caused panic sell. If that never happened, we would have had a smaller correction and we would be at 1,500+ already. But who cares, thanks to PBOC the smart people bought more cheap BTC and now we are inevitable going for a new ATH.

I hope to see a new ATH before too long. The first obstacle though is to break $1000 again & stay above it.

I hope it according to your predictions, because lately, I do not use bitcoin I get. bitcoin possible when prices reached $ 1,000, will be very many people who re-sell their bitcoin. supposedly, bitcoin prices to be stable in a long time when the price goes up.

Over 2% growth over the last 24 hours and at the time of writing the BTC price sits at $981.12
It's definitely possible that we'll pass the $1,000 mark in the next day or so, the only question is how long it can stay up there for before a market correction. Who knows, perhaps we've already reached that point at around the $800/$900 range with room for a little fluctuation on either side. Either way, let's just hope it keeps going up and up!

Can't say about daily trading, but it will be above 1500$ at the end of 2017 definitely.

I think that we will need to see market reaction on 1000$ its a psychological mark, if bitcoin breaks the 1000$ it could have a grow to the new maximum prices in one or two weeks.

I want to see new ath too, but i think we'll have to wait for it probably we'll see new ath in june or july. a slow rise is better.  ;)

Or we could stay under $1000 for the whole year. We entered a pretty flat market and it is miracle that this upward trend formed.
It happened against technical indicators which suggested further consolidation and even possible downward trend.

It's something need to boost bitcoin trend, the fundamental sector it's necessary. I'm just see WU shares drop in mexico and bitcoin can be solutions for it, could be it can be a booster, but there's no a strong news to make it real.
The stable prices is not bad at all, instead it's good to start a trading with tight swing.

Yes, I agree with this. Bitcoin can hypothetically stabilize around $1k but if we think about the beginning of huge general unstability of our civilization (Trump, Putin, ISIS) and add people not having enough faith in bitcoin I think we'll need some time to see that. I think it is really good for now if it becomes stable around $900 for now.

Can you BELIEVE that the price stopped just a hair short of a new ATH?

Once the Levee breaks, the price is going to skyrocket imo.

Very slow rise are being experienced on the price of bitcoin. This price increase, probably will bring the price of bitcoin be above $ 1000, however, will not exceed $ 1,100 as of last month. I also think that this will not last for a long time, because if the decline occurred again, maybe there will be panic selling.

Whales rules LOL.  Yeah i thought the same too during those dips and sideway movement of bitcoin, whales had been accumulating.  And once the process is done, it easily breaks $950 wall going to $970 and now is nearing to break $980 (actually it breaks $980 in google seach $980.78).  It seems we are seeing another 4 digit Bitcoin and maybe this will continue to new ATH.

I have checked the price jut couple hours ago on the exchanger that I use and it was 990$ per 1 BTC. 1000$ really can be reached tomorrow with such temps!

The price is looking great, we are going to see $1000 very soon.

This happens when holders  decided not sell some of thier btc. If this continues we might see the new ath this coming march maybe..for now lets enjoy the rising of bitcoin price again.

Reaching a new all time high is great of course when you cash out profits, but it's basically worthless when we fall back to sub $1000 prices after that again. It's time for the price to settle above the $1000 level now margin trading in China has been shut down. In best scenario it will result in more sustainable prices in the long term, but as it is right now, I prefer to see it first before I actually believe in it. Because no matter what happens, Bitcoin is and will remain an unpredictable market.

It's good to see an increase, but there won't be many buyers as the price keeps going up. We're going to hit a ceiling at some point. I won't buy at these prices. I'm waiting for the correction.

We have already crossed $1000 at a few exchanges in Japan and Korea.
http://coinmarketcap.com/currencies/bitcoin/#markets
I think the other exchanges will follow suit sometime later in the day today.  ;D

i agree with the first part of your statement that we wouldn't have seen $750ish as bottom of the correction if it wasn't because of FUD and whales manipulation, but it was a good chance for us who saw this to fill our wallets once again with cheap coins.
also i disagree with $1500 because not going down doesn't mean we go up a lot more. it would have still taken time to get there.

We have some amazing news Bitcoin crossed $1000 threshold in China and Korea, and India seeks to penalize cash again in search better tax revenue.
This time we might have higher, more stable and totally organic (without Chinese margin trading bubble) bitcoin's price.

it was close for breaking $1000 for now and its only a matter of time we can see this and i am sure that the price will break soon. its good to see that finally this day we see that the price is going to increase after there is down and up in the market. i hope after we break $1000, the bitcoin price will stable for a moment and the altcoin will increase too and after that the price will increase more .

I think even after the $1000 price has been broken we can still see $9xx price too, it mainly depends on how much price is going up and how much panic sellers we will get after the rise.

- we can see $1050 for example and then go down to $990 and up and down between that and $1020 for a while

- or we can see $1100+ again and only come down to what OP is predicting, meaning the a above $1000 fluctuation and becoming stable there.

the price has starting climb up since several days ago indeed the movement was very slow but at least probably next peak $1000 will be breaks but i just worry if the price reach $1000 or above then people will starting to sells their bitcoin and stopping buys

based on its current price I can also think that the value would rise back again sooner or later, the current price is very closed to you expected price and it keeps on increasing slightly so i think it could be an indication that this time the value would have an increase . I am also hoping that the price would go up again and become lightly stable to $1000 .

While I am typing this reply now on this thread, 988.0 US Dollars was the current price of bitcoin according to preev and all I can say is that it might still continue to rise and might stabilize to 1000$ above. I really do hope that this steady rise and correction will go on but there will be a time where it will stop but no one can really tell when so I hope that this price ranges last in my opinion it will last until april or somewhere around that.

Nice improvement chart edited, I hope it will come true as soon as possible and based on the current price fluctuations, we may have $1000 floor in this week. Again, I'm wondering about how long it could last as too many daily traders in every country waiting for it, to sell out their coins. $1000 is easy but to hold it steady at this level? Another story. Only investors could make it happen imo.

the edit is as fast as the topic itself, it was so fast you can't even see the underline indicating the edit ;)

and about the day traders i have to say they are not waiting for a particular price to sell, that would be foolish. as a day trader you always have a certain percentage profit in your mind, and sell/buy at those prices. it is always buy in dip sell on highs.
and also when price is rising like this, usually they increase the percentage and wait to see where is the high. again not having a particular number in mind.

You're right, it hit $1000. I still think it's too high for me to buy. We'll have a correction at some point.

At some point $1000 (or even more in the future) will be standard floor ceiling for bitcoin's price. Bitcoin is expected to go far, far higher than that.
So you won't buy it even when you know that buying it know is an investment which could earn big money in the near future?

Actually I have never seen such a psychological barrier at $1000. The price has never struggled to break that price when a new rally occurs, and even I have identified a strongest psychological level at $800 or even $1,100. It is true that to see many zeros is always attractive, but markets don't have reacted in any way to that figure.

Yes, I've been feeling it is time. Network upgrades incoming. Once we pass previous ath perhaps the next bull run cycle can begin in earnest, we shall see massive volatility :D

Good, steady rise for bitcoin once again.  Enjoying this ride.

the correction was when price went down the first time and it was followed by a wave of Chinese FUD and price went to $750. if you wanted to buy you should have bought back then. or even when price was stable at 920
now we are on the rise and correction will happen after a huge rise maybe coming back next time will be back to $1100

Quite possible for this scenario, we finally have price over 1000 on most of the exchanges and to see stable price for the moment.
I also expect to see new high in this run but it might be bad scenario like some say here we might go down after that again.

Why IS in title? so cute :D, today price is well above $1010 but I'm not going to sit back and hope for $1100 and more.
I'd sell everything other than my long term holding stash.

The correction happened three weeks ago when the price dropped to 800 and stayed 900 for two weeks. This is now the price increase after that. If you have not bought bitcoin back then, you may not have another shot for a better price. The price was slowly and steadily going up, I do not thing that will trigger any correction.

while online, well, I saw the price rose to $ 1,010. This a very good day to sell bitcoin. but, it may be better to wait a little longer, so I am selling it at a high profit. may rise this time, could reach $ 1,200.

the higher price i see in today is $1021 and after that, the price is getting down and the price is reach $985 before up again until now. somehow the market makes a good movement, it seems we can see the price is change very often and makes me confuse to make trade or not. but if i see in altcoin, the price is not going up or down, i think the altcoin is getting stuck.

so far my speculation was mostly correct.
price went past $1000 and then continued going higher. and although i wasn't expecting a drop below $1000 at all (the fast downward movement a couple of hours ago) but so far we are on point with the rise and on the upward movement.

i will wait for a couple of days to see how correct i am about my high and low levels and try to add another updated chart from the real price after couple of days and my initial (poorly) drawn price.

big help mate for shorting the price maybe we will expect some uptrend with in the week and see another resistance just needed to keep checking the movement so we can earn thank you for this mate, good luck.

Shorters will suffer. It's only a matter of time when 4 figures become the new floor that triggers insta buys. People shorting under 1000 dollars will eventually find themselves broke. I don't know if this is the time, but I think it makes sense to think that this is the real deal and we are going to keep climbing beyond 1000, there is nowhere else to go at this point but up.

The movement of the price to day is normal and i think more price increase will happen..  in this coming vacation. .for now its normal and we will see price dump again this few days or weeks.. because i know many people will satisfied because they are already made a profit  if they bought the bitcoin in $900 value.

I dont see a lot of strength in the rise, maybe its just the start and we have an all time high, or we go further down than 900, we will see shortly. But this rise is more steady

although those thing haven't happened yet, it is already expected that some people will surely sell their bitcoin if ever they became contented and satisfied to the value of bitcoin the only people who are going to that are those who only bought at the lower price, much lower that $900 but hopefully that the price would never have a huge dump ;D

The volumes are pretty high - at around $150 Mn. And this is after the fake chinese volumes have been eliminated. When we rise with strong trading volumes, a support base is usually formed at these levels.

Yes, bitcoin price suppose to set the floor level at $1000 and steadily increasing towards ATH, but it has to slowly without any rush as many people waiting for sell out, let them wait for a little longer.
Good job about your chart and we're waiting to see an update chart, as the price keep fluctuate and cannot predict a 100% right. Just keep your faith in bitcoin and time will tell how long it could stand over $1000. I'm pretty sure the price will reach $1100 this month.

the volume is always high whenever price is rising or falling. in short whenever price is changing a lot, obviously many of the investors start acting up based on how price is changing. on both cases some are selling and some are buying whether to join in or get out (no matter up or down movement). so this creates a much higher volume.
and besides, the total volume and mostly the volume we used to check was the one on exchanges such as bitfinex, bitstamp and kraken. we never even looked at Chinese exchanges volumes apart from when someone spread some FUD.

The volume is high enough eliminating the fake volumes of bitcoin in exchanges. But the inspection has given bitcoin a stability with good support base. By the ongoing price variation the floor price is expected to be above $1000 and move towards the ATH.

this sounds to be true but for some reason i can not believe it and i guess in the long run we can see if anything has changed or not.

i say this because nothing has really changed for bitcoin! the Chinese exchanges are getting the same amount of investors they were receiving before, the only difference is that they are reporting real volume now. in other words the report has changed not the reality. and although this affects the amount of FUD around but the reality is the same.

and price is rising as it has always been!

When is the next vacation according to you? As far as I know starting from tomorrow the holiday end in china (because of their new LUNAR year) and I think the price should be increased a little bit because chinese people will start trading in exchanges or so, just lets hope that all exchanges will stay safe and no hack will happen.

So we see 4digit price twice this year from being 3digit. Hope this rise is not just because of the recent chinese new year. If its not and this would continue. I guess theres a chance that we can see an all time high this year.

The possibility to see an all time high this year is expected and almost all of the so called pundits are calling for a price range above $2000 this year and with the global economy in crisis and with the current situation all around the world it is quite certain that people will start investing in bitcoin and there by the price increases accordingly.

as far as i can remember they were saying global economy is bad and is getting worse and until now nothing has happened based on their speculation. and also people don't usually go for bitcoin when they think about investing their money, they choose stocks, gold and other familiar things.

and in case what you say were true, bitcoin price would have gone up to 10,000 USD instead of rising slowly. but now that the adoption is slow (fewer people come to invest in bitcoin) the price rises slowly.

 
Hope so. If it would really happen then it is sounds very nice since it is a long time we wait to come because the only thing a user wanted is to have a higher value of bitcoin and it would become stable. But dont expect too much because some of our expectations can never come true.

people are scared of waiting to get their bitcoins in their coinbase wallet due to block size limitations

no bitcoin will not go to $10,000 is nothing's change

a new chart was born :D
i combined the previous one (poor paint skills) with the current one.

https://i.imgur.com/bO9iUMm.jpg

i expect some ups and downs around $995-$1010 but mostly above $1000 and unless nothing unexpected happens, we will see $1100 in a week...