Bitcoin forecast

[Maxnetlabs]

cast your vote

[DaMut]

i think it should be around $8000~$9000,
look at it right now,we're struggling around $9000 and a few hours ago we broke that level.
which mean we're moving downward right now or at least i believe we should see the price sinking to around $8000 more or less.
at best in my view it should be around $7000 no more than that.
i hear it will be listed in somewhere other than CME group's next year,
they said in january or around that it will be listed in their futures(not sure it's real or not).
plus we're not yet seeing CME group's listing it in their futures at the moment,
so the price should not fell to deep from here,

[Harlot]

Looking at the hourly chart of Bitcoin does not show a breakdown of the up trend but it shows a healthy pullback. By healthy pullback I mean that the volume is also decreasing which signifies that selling is also getting less and less. If you personally look at its daily chart you will see that its up trend is still intact and it does not show any signs that it is on a downtrend. Usually this kind of days or weeks makes emotional traders lose their money as they don't know how to participate in a correction.

[Palmerson]

Looking at the hourly chart of Bitcoin does not show a breakdown of the up trend but it shows a healthy pullback. By healthy pullback I mean that the volume is also decreasing which signifies that selling is also getting less and less. If you personally look at its daily chart you will see that its up trend is still intact and it does not show any signs that it is on a downtrend. Usually this kind of days or weeks makes emotional traders lose their money as they don't know how to participate in a correction.

Thanks very informative post. But I think that everything is much easier. Bitcoin has not yet reached even half of its potential. It will grow in price. But then when speculation with bitcoin it will end much will fall in price. Those who wanted to capitalize on the retention of coins will lose their money. But bitcoin will not die. He will become currency and will be those for which it was created.

[Maxnetlabs]

Thank you very much for your reviews

[alyssa85]

Looking at the hourly chart of Bitcoin does not show a breakdown of the up trend but it shows a healthy pullback. By healthy pullback I mean that the volume is also decreasing which signifies that selling is also getting less and less. If you personally look at its daily chart you will see that its up trend is still intact and it does not show any signs that it is on a downtrend. Usually this kind of days or weeks makes emotional traders lose their money as they don't know how to participate in a correction.

It might fall to the $8000 support line, and bounce off it a few times, to establish a new base. I know a lot of noobs are panicking, but this is completely normal. It's the end of the month and lots of the hedge fund chaps are taking profits.

[Slow death]

cast your vote

I believe it will be $10,000, we fall to $9000 and we are at $9700 which seems to me to have stabilized and with so much good news
, Ronnie Moas Raises Bitcoin Target Again: $20,000 for 2018,CBOE, CME Bitcoin Futures Details Released, Now More Than 120 Cryptocurrency Hedge Funds, we will have the next year with a price much higher than $ 11000

Bitcoin has not yet reached even half of its potential.

I also think so, next year we will have a very high price

[aardvark15]

cast your vote

I expect the price of Bitcoin to meander in the range of $9000 to $10,000 for a while. However, it is definitely possible that the price could drop lower and I think it is more likely to drop more than rise more over the next week just because there are a lot of new investors that are nervous.

I have very little doubt that Bitcoin will top $12,000 by early next year after a relatively short period of fluctuation as the market consolidates and shakes out the newbies that don’t have the stomach for the volatility.

[mostcrack]

In my opinion, bitcoin will be able to reach $ 9,000 - $ 11,000 by the end of this year and if it falls it will probably not touch the $ 9K price. For early 2018 maybe bitcoin will be able to reach above $ 10,000 - $ 12,000. Most people expect the rise in bitcoin prices to continue but some people also estimate bitcoin prices will go down then they will buy it when bitcoin down.