Looks like we are going to test $1,300+

[1Referee]

We have recent Canadian farm and Bitmain farm to thank for price increased past month not the ETF, people admitting that ETF is not going to be approved so I doubt if they buy in with a low probability of approval.

I don't rule out other aspects as being a part reason as to why the price is going up, but the ETF does play an important role here. If this ETF gets approved, expect a well sized influx of institutional investors standing in line to buy themselves into this ETF. Without capital from institutional investors, expect nothing close to $10,000, ever. Their money is needed to bring the Bitcoin market to the next level.

I don't think having a price more than $1300 is a safe and wise move.
Price should go back to $1150 for a while.

It all depends on what the SEC will do next week. If the ETF awaits approval, then we'll leave behind $1300 to go over $1400 with perhaps a near touch of the $1500 level. If the ETF gets disapproved, then expect a dump to happen where we might even see the price dive well below $1100 again. Market action guaranteed this month for traders.

[Pursuer]

things are a little bit slow and scary right now with price stuck at $1280ish and it is scary because we have not yet seen a correction after the sudden rise to this price. at this point I don't know whether to hope for more rise to $1300 and above or to hope it stays here for a while and rise up later for more accumulation and a better buy support shaping up.
also whenever a shakeout happens I become more sure of the rise and I have a new entry point which I don't have right now

[lottery248]

i am sure the trend is not gonna resist the rise, because it has been soaring incessantly; thus the price of being $1500 within this month is possible, yet do not forget the competition of mining would affect the bitcoin price: if the fee is too high, more likely the price is trowed down for less volume expected.

[pitham1]

i am sure the trend is not gonna resist the rise, because it has been soaring incessantly; thus the price of being $1500 within this month is possible, yet do not forget the competition of mining would affect the bitcoin price: if the fee is too high, more likely the price is trowed down for less volume expected.

$1500 this month looks very steep. The only way that could happen is if the ETF gets approved.
But even otherwise, I think we might cross $1300 this month.

[cellard]

Just another nice little dip going on now, time to load up before we go $1,300. I hope everyone is owning as much BTC as possible, if the ETF gets passed we might see some serious shit, as Doc from Back To The Future would say.

$1300 is a nice round number that will pose some resistance so it will take a while but we will cross it no doubt about that.

[Dakustaking76]

Its showing Some resistance

[Tesorex]

I think many of financial sectors are  slowly buying in bitcoins just because of the ETF news in case of approval to not stay behind but still have their doubts.

[mrcash02]

i am sure the trend is not gonna resist the rise, because it has been soaring incessantly; thus the price of being $1500 within this month is possible, yet do not forget the competition of mining would affect the bitcoin price: if the fee is too high, more likely the price is trowed down for less volume expected.

$1500 this month looks very steep. The only way that could happen is if the ETF gets approved.
But even otherwise, I think we might cross $1300 this month.

I agree with you, I don't spect to have Bitcoin pricing $1500 this month, increasing the price in $200 in one month is too much! And if this happen, the price won't stay stable and will decrease next. But it's very possible to cross $1300, however the price is dropping a bit right now, let's see how much it will drop to start rising again...

[Kprawn]

I hope we climb much higher than $1300 before the announcement of the ETF are made. If there are a dump like the dump that happened after

the Chinese government started their investigations into the Chinese exchanges, then we will see at least a drop of about $200 to $300 within

the first few hours. The higher the price, the less the impact a negative decision will have on the price. 

[cellard]

Its showing Some resistance

it was expected, just think about it in a psychological way. a lot of people that bought right at the MtGox peak are very nervous now, they will need time in order to not panic sell on those good round numbers like $1250, $1300 etc. Once we cross the MtGox with a bigger margin, they will learn to keep their dumb fingers quiet so they don't panic sell.

[mega]

i am sure the trend is not gonna resist the rise, because it has been soaring incessantly; thus the price of being $1500 within this month is possible, yet do not forget the competition of mining would affect the bitcoin price: if the fee is too high, more likely the price is trowed down for less volume expected.

$1500 this month looks very steep. The only way that could happen is if the ETF gets approved.
But even otherwise, I think we might cross $1300 this month.

I agree with you, I don't spect to have Bitcoin pricing $1500 this month, increasing the price in $200 in one month is too much! And if this happen, the price won't stay stable and will decrease next. But it's very possible to cross $1300, however the price is dropping a bit right now, let's see how much it will drop to start rising again...

We are at $1260 level at a moment so I don't think its a big deal to touch the price of $1300 in coming days and it can be easily achieved as we are seeing constant increase in the price and if ETF gets approved then we can expect much higher price so its better to hold our coins till March 11 and if price goes higher then that would be the best time to sell bitcoins in order to make some good profits.

[ArdiPrabowo]

if without prblem and bad news bitcoin price can easy over 1300 dollar
but if ETF, SEC and PBOC result is bad , bitcoin price not incraese but crash and down price

[leowonderful]

1300 this week is definitely possible but looks as if we've stopped where we are at least for today. A little bit of resistance like now is normal, nothing bad really. After 1300 and ETF (if that happens) 1500 is definitely possible.

[richardsNY]

if without prblem and bad news bitcoin price can easy over 1300 dollar
but if ETF, SEC and PBOC result is bad , bitcoin price not incraese but crash and down price

If the ETF doesn't come through, then it will result in the price going down, but it won't be anything severe. Don't forget that the price has gone up quite a bit in a very short time. That being said, regardless of the ETF outcome, a correction is inevitable as the market can't sustain these levels for long. The market must come down and settle before it continues to move further. Regarding the PBOC, I don't see much problems there as China is not that big of a deal anymore when it comes to trading.

[pitham1]

if without prblem and bad news bitcoin price can easy over 1300 dollar
but if ETF, SEC and PBOC result is bad , bitcoin price not incraese but crash and down price

If the ETF doesn't come through, then it will result in the price going down, but it won't be anything severe. Don't forget that the price has gone up quite a bit in a very short time. That being said, regardless of the ETF outcome, a correction is inevitable as the market can't sustain these levels for long. The market must come down and settle before it continues to move further. Regarding the PBOC, I don't see much problems there as China is not that big of a deal anymore when it comes to trading.

If the ETF doesn't come through, all the triggers are negative.
People will start worrying about the PBOC, block size debate, etc.... Overall sentiment could turn negative very quickly.

[Indrawan77]

if without prblem and bad news bitcoin price can easy over 1300 dollar
but if ETF, SEC and PBOC result is bad , bitcoin price not incraese but crash and down price

If the ETF doesn't come through, then it will result in the price going down, but it won't be anything severe. Don't forget that the price has gone up quite a bit in a very short time. That being said, regardless of the ETF outcome, a correction is inevitable as the market can't sustain these levels for long. The market must come down and settle before it continues to move further. Regarding the PBOC, I don't see much problems there as China is not that big of a deal anymore when it comes to trading.

If the ETF doesn't come through, all the triggers are negative.
People will start worrying about the PBOC, block size debate, etc.... Overall sentiment could turn negative very quickly.

Exactly, if the etf not approving then there will be huge spiking downward for bitcoin, but if the etf approved it we will see another huge rising for bitcoin and this year bitcoin will be able to reach 2000$, there are so many debate about etf, hopefully etf will see the potential of bitcoin and approve it

[delliaerd]

1300 this week is definitely possible but looks as if we've stopped where we are at least for today. A little bit of resistance like now is normal, nothing bad really. After 1300 and ETF (if that happens) 1500 is definitely possible.

I am totally agree with you that price of bitcoin will increase until 1300 dollar, but I can't sure it happen in this week. Because for this time the price have a little correction to 1260 dollar.
So maybe better to don't talk about possibility of bitcoin's price 1500 dollar first. When bitcoin more stronger it will really happen

[gentlemand]

People will start worrying about the PBOC, block size debate, etc.... Overall sentiment could turn negative very quickly.

What could the PBOC possibly do now? Bitcoin trading has effectively been banned for the last few weeks and the rest of the world appears not to give a shit and rightly so.

[aardvark15]

Bitcoin would really test it out to reach that price point which is really very high and we are all glad to see these thing and for those who hold longer more on their bitcoin for sure they are making profits as of now and maybe we would able to reach even $1500 on this year.

It will be interesting to see what happens with the decision on the Bitcoin ETF in about a week. The price could drop quite a bit if it doesn't get approved. However, if it is approved, I think the price could hold and maybe even increase some.

[Zadicar]

Bitcoin would really test it out to reach that price point which is really very high and we are all glad to see these thing and for those who hold longer more on their bitcoin for sure they are making profits as of now and maybe we would able to reach even $1500 on this year.

It will be interesting to see what happens with the decision on the Bitcoin ETF in about a week. The price could drop quite a bit if it doesn't get approved. However, if it is approved, I think the price could hold and maybe even increase some.

Regarding on that even there would be only two possible results which is increase or decrease and to be honest im really excited for that day since its an event that will somehow affect bitcoins price.