1000$ rally tomorrow

[BillyBobZorton]

I think tomorrow with the Trump thing we may see a rally. It looks like the chinese crap is no longer able to crush the market anymore, so now they will try to pump instead of shorting. The Trump inauguration seems like a good psychological point to press for a bigger price. Make your bets. It may dip but I don't care, that's my prediction.

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[maku]

Believe me. Chinese traders will have pivotal role in the bitcoin trading for a long time, until China will ban bitcoin and they decide to dump all coins. Bitcoin's price is still being formed mainly in China.

As much as I would like for Trump's inauguration to boost price of BTC, but I expect it will be another political event without real influence on Bitcoin, just like Brexit before.

[Pamadar]

Good point tomorrow can be a big for bitcoin holders this inauguration will make some moves for bitcoin market but for sure its just another hype that cant be sustained so better to keep your eyes open when things happen and dont sleep while things still rising dont be left behind.

[n691309]

The $1000 target is not far from the current price but besides Trump I think that also Chinese exchanges have a high potential to change/affect the price

[rogerwilco]

The Trump presidency should be bullish long term. But everyone already knows the inauguration is happening and it's not like he's going to mention BTC tomorrow, so I doubt anything comes of it in the short term.

[1Referee]

Market is moving in a repetitive manner, so I don't expect the market to behave much different from how it has been in the last days. It of course doesn't mean we won't see a large green candle tomorrow, but if it happens, then it won't be sustainable for too long. It will be a decent opportunity for day traders, but that's about it. We all know what goes up fast, comes also down fast, so don't put too much fait in this event.

[Huge Black Woman]

SNAP, is he gettin' logged inta office tomorrow?   Ah lost track o' politics fo a minute an' done forgot all bout that. 

Ain't gonna make no difference ta bitcoin, ah don't believe.   But you all best bet yo asses an' assets that it gon' affect tha dam stocka market.   Y'all watch it, it gon' 'splode tomorrow.   So imma have one eye onna stocks an' tha glass eye onna bitcoin come 9:30am.

[BillyBobZorton]

The $1000 target is not far from the current price but besides Trump I think that also Chinese exchanges have a high potential to change/affect the price

Hopefully the chinese stop being as decisive every time they make a statement. I think it's going to get increasingly less aggressive in terms of price backlashes every time PBOC opens their filthy mouth.

The Trump presidency should be bullish long term. But everyone already knows the inauguration is happening and it's not like he's going to mention BTC tomorrow, so I doubt anything comes of it in the short term.

Trump has some good ideas, but anyone knows that long term he is a mess and not fit to be a president. 4 years is a long term. He is going to eventually fuck up big time with those tweets, and the debt keeps creeping in. If its not in his first term, then if he wins a second term the debt should have crossed 20 trillion++ and shit is going to get real.

[Lucius]

I think tomorrow with the Trump thing we may see a rally. It looks like the chinese crap is no longer able to crush the market anymore, so now they will try to pump instead of shorting. The Trump inauguration seems like a good psychological point to press for a bigger price. Make your bets. It may dip but I don't care, that's my prediction.

Considering that there is price rise on election day we will probably see something like that tomorrow.Today price of BTC is on most exchanges 900$+ and it is going up.This time western exchanges and China exchanges are completely equalized,on BitFinex and OKCoin 904$ and almost the same on Bitstamp and Coinbase.

If this rally happens this will be yet another opportunity for make some good profits which is likely to result in new price drop.

[amacar2]

The Trump presidency should be bullish long term. But everyone already knows the inauguration is happening and it's not like he's going to mention BTC tomorrow, so I doubt anything comes of it in the short term.

Yes i also think same but it may create some temporary pumps that could be good opportunity for day traders to book good profit.
Price is trying to cross $900 from past few days, so we may see price well above $900 or even near $1000 but some correction will be after that rally.

[manselr]

Believe me. Chinese traders will have pivotal role in the bitcoin trading for a long time, until China will ban bitcoin and they decide to dump all coins. Bitcoin's price is still being formed mainly in China.

As much as I would like for Trump's inauguration to boost price of BTC, but I expect it will be another political event without real influence on Bitcoin, just like Brexit before.

Right, but it seems that the chinese have less power everytime they try to collapse the price (by chinese i mean official statements by the chinese government)

So what can we expect? if a ban happens, a big crash would happen, but the price would recover. Then what can the chinese government do after that? they cant no longer have any tactics, they lost control of bitcoin by fully banning it. Thats why banning is a double edged sword.

[d5000]

Believe me. Chinese traders will have pivotal role in the bitcoin trading for a long time, until China will ban bitcoin and they decide to dump all coins. Bitcoin's price is still being formed mainly in China.

It's not so clear. Most of the Chinese trading volume is inflated because of the BTCC/Huobi/OKCoin no fee policy.
It's even worse: these exchanges reduce withdrawal fees for traders with high volume - so traders are given an incentive to trade more than necessary (mostly with bots).

See this interesting article: https://blockunchained.com/how-chinese-is-bitcoin-part-1-trade-volume-795ac3ed221b

Some of the "Chinese traders" are even whales from the "western world" trading at Chinese exchanges, trying to multiply their BTC.

To answer the question: It may be possible that the OP is right, but it would be because of a convergence of an event which some think that is bullish for BTC (I think it's more bearish long-term, because protectionism is bad for BTC) with technical indicators. We're actually recovering from the correction to the 700-800 level, and if the price does keep above 900 until tomorrow I expect another jump.

[j753k]

Not sure if Trump will have as big of an impact on BTC as you think..

[Wolf Rainer]

I can see $1200 for sure. The especulator dummies are very predictable, always playing with the emotions of people. Then maybe by 23/24 we will back to $1000 levels.

[Denker]

I can see $1200 for sure. The especulator dummies are very predictable, always playing with the emotions of people. Then maybe by 23/24 we will back to $1000 levels.

I don't think anything big to happen in terms of price for tomorrow.
Maybe 50 bucks up and then back down 24 hours later.
Mostly an opportunity for day traders and gamblers.
As a holder I wouldn't expect too much.

[n691309]

The $1000 target is not far from the current price but besides Trump I think that also Chinese exchanges have a high potential to change/affect the price

Hopefully the chinese stop being as decisive every time they make a statement. I think it's going to get increasingly less aggressive in terms of price backlashes every time PBOC opens their filthy mouth.

They are Chinese, "Chinese people need to be controlled; otherwise they will do whatever they want."[i/] - Jackie Chan

[IMG ]http://i67.tinypic.com/14b0uf9.jpg[ /img]

Which website or app does provide these useful information?

[jackshephard]

They are Chinese, "Chinese people need to be controlled; otherwise they will do whatever they want."[i/] - Jackie Chan

Enough said, what could be a more reliable thing than something JC said?

Seriously though, don't expect a serious rise in price because of Trump tomorrow, but a consistent rise over the years if he tries to do what he promised.

[LLec]

It looks like the rally has started already.
The price this morning was $892 and now at the end of the trading day on the stock exchange it is at above $900 at $906 last time I checked.
This is the ramp up until the Chinese take notice and start buying because their day is about to start on their markets and there is still over 16 hours until the president elect gets sworn into office officially.
The Chinese even if they hate him and America, will not care if this event boost up their economy so they will be buying up as much as they can. And their Chinese New Year is just a week away so that to them is a start of a new for any of their investments. Bitcoin included!
They want the rooster of their New year to be Trump!

[cengsuwuei]

i think in tommorrow youre write
bitcoin price can't reach to 1000 dollar/bitcoin
my prediction bitcoin price only range 875 - 925 dollar

[Shiroslullaby]

Maybe slightly above $900 but Trump coming into office shouldn't really have that much of a change on the price.
Then again maybe he says one thing about China in a speech and traders go crazy. It will be an interesting couple of weeks for sure.