Bitcoin on its way to $1,300

[rjclarke2000]

I don't have a crystal ball or a tarot card but by the looks of it and how the price of Bitcoin move lately, $1,300 USD is possible in a few days or weeks maybe and we may see a new all time high again $1,280 USD is the ATH recorded last March 04 this year and BTC is now being traded at $1,251 USD so $1,300 USD is within reach.

Last Friday I saw the price at $1325 and I heard it reached $1350 briefly.

It's been over $1280 so that is most definitely not the ATH.

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[Slark]

FOMO?

Fear Of Missing Out

Proper and full definition: "Anxiety that an exciting or interesting event may currently be happening elsewhere, often aroused by posts seen on a social media website."
It might be something to it. I believe that bitcoin crowd realized that there is nothing really going in the way of BTC.
ETF decline, PBoC constant monitoring of Chinese exchanges and potential of fruther restrictions - all that didn't make bitcoin crash.
10% price drop? It's nothing. We will have $1250 in a week or two. $2000 in 2017 is not that impossible as I thought initially.

[nelson4lov]

Looks like FOMO is kicked in. People expected bitcoin to crash harder after the SEC rejected the ETF, but the price recovered, it was stable for a while. People was with the finger on the trigger, waiting for further crashing, it didn't happen so people got desperate and FOMO kicked in.

I still wonder why a lot of people expected bitcoin price to dump immediately after being rejected by SEC. They failed to realize that even before the talk about getting ETF approved, Bitcoin's price has been rising. The price is on it's way to $1300+ with or without the help from SEC's ETF approval.

[danherbias07]

Is it really the ETF thing that made it fall down for a while? I dont think it is. It is just a normal dump and pump again.
Why are people so scared with that ETF thing? Is it lack of information about funds?
Plus it will not really affect much with bitcoin. Who will join to invest after it is accepted? Small farmers with not a lot of money and other people who got a little to invest their money. I dont discriminate but that is the truth to what will happen after that.

[manselr]

Is it really the ETF thing that made it fall down for a while? I dont think it is. It is just a normal dump and pump again.
Why are people so scared with that ETF thing? Is it lack of information about funds?
Plus it will not really affect much with bitcoin. Who will join to invest after it is accepted? Small farmers with not a lot of money and other people who got a little to invest their money. I dont discriminate but that is the truth to what will happen after that.

Lol are you insane? Of course it was the ETF. It literally dumped all the way down to around $950 pretty much instantly when the news were released. This was totally timed controlled demolition, the good news is, fear didn't reign for long, it got sold and bought in back so quick, no we are stronger than before the ETF.

[Phil_S]

I predict a climb.

You do? That is funny. I do too! What a coincidence.

I'm OK with that direction.

[FlightyPouch]

Is it really the ETF thing that made it fall down for a while? I dont think it is. It is just a normal dump and pump again.
Why are people so scared with that ETF thing? Is it lack of information about funds?
Plus it will not really affect much with bitcoin. Who will join to invest after it is accepted? Small farmers with not a lot of money and other people who got a little to invest their money. I dont discriminate but that is the truth to what will happen after that.

Lol are you insane? Of course it was the ETF. It literally dumped all the way down to around $950 pretty much instantly when the news were released. This was totally timed controlled demolition, the good news is, fear didn't reign for long, it got sold and bought in back so quick, no we are stronger than before the ETF.

That's right, after not accepting the ETF the dump started, some of the active users where really surprised by the sudden decrease in price though after that it rose again like nothing happened, it is great and I think accepting bitcoin in ETF will be longer than we thought but still, accepted or denied, not gonna let go.

[Noctis Connor]

yes im expecting that bitcoin price will crash suddenly because its on highest peak for today. theres a bigwhales to watch out theyre the reason out why bitcoin price is suddenly raising so fast and they also the reason why bitcoin price suddenly dropping because big whales have the most important part in bitcoin price chart.

[york780]

The price will decrease this week. Tomorrow in USA there will be some new announcement about some taxes if i am right. And wednesday the chinese exchanges open again. I am not sure that there will be a crash so i hold and look how the storm passes.

[hase0278]

Right now the price is on its way to 1300$ and I really am expecting a correction to happen soon since many holders might want to take profit again or some of those who bought at dip will sell those that they got to rebuy cheaper. The opposite might happen though but the chance of correction at these levels are very high since I think this price can be considered big for the history of bitcoin's price.

[qiwoman]

Right now the price is on its way to 1300$ and I really am expecting a correction to happen soon since many holders might want to take profit again or some of those who bought at dip will sell those that they got to rebuy cheaper. The opposite might happen though but the chance of correction at these levels are very high since I think this price can be considered big for the history of bitcoin's price.

Lets hope for the hope as those who are into bitcoin from long time knows that the value of bitcoin will reach around 2000 US by the year 2020 but there might be little fluctuations like drop and increase in the value of bitcoin and those who are new to bitcoin will end up selling their bitcoins when there is a drop and traders will be more than happy to buy it as they are aware that it will eventually increase again so that they can sell it for much higher price and i think BTC will achieve 1300 USD by May this year.

[alyssa85]

I don't have a crystal ball or a tarot card but by the looks of it and how the price of Bitcoin move lately, $1,300 USD is possible in a few days or weeks maybe and we may see a new all time high again $1,280 USD is the ATH recorded last March 04 this year and BTC is now being traded at $1,251 USD so $1,300 USD is within reach.

Last Friday I saw the price at $1325 and I heard it reached $1350 briefly.

It's been over $1280 so that is most definitely not the ATH.

That was the spike in the morning before the ETF decision came out - it went to $1325, and then went down to $1050 - they were taking out all the stops, and all the buy and sell orders.

This time, i think that it might push $1250, but there will be selling pressure above that.

[CyberKuro]

Looks like FOMO is kicked in. People expected bitcoin to crash harder after the SEC rejected the ETF, but the price recovered, it was stable for a while. People was with the finger on the trigger, waiting for further crashing, it didn't happen so people got desperate and FOMO kicked in.

One of my friends actually shorted bitcoin right after the ETF decision.

Everyone expected bitcoin to go down to sub $1k value. And it did. But only for like an hour or two, and then it went back up to $1100~ish. Nobody expected this at all, and it proves again that markets are unpredictable even by the expert analysts.

Bitcoin has received amazing community support over this period of time.

I can definitely see bitcoin going to $1,500 or even $2,000 before the year's end.

This situation might be triggered by the news of bitcoin unlimited overcome SegWit which lead to unlimited block size (if I do not misunderstand about it) even though we can not be sure when it could implement. However, we still expect this problem be solved as soon as possible before more merchants left bitcoin transaction.

[BillyBobZorton]

Looks like FOMO is kicked in. People expected bitcoin to crash harder after the SEC rejected the ETF, but the price recovered, it was stable for a while. People was with the finger on the trigger, waiting for further crashing, it didn't happen so people got desperate and FOMO kicked in.

One of my friends actually shorted bitcoin right after the ETF decision.

Everyone expected bitcoin to go down to sub $1k value. And it did. But only for like an hour or two, and then it went back up to $1100~ish. Nobody expected this at all, and it proves again that markets are unpredictable even by the expert analysts.

Bitcoin has received amazing community support over this period of time.

I can definitely see bitcoin going to $1,500 or even $2,000 before the year's end.

This situation might be triggered by the news of bitcoin unlimited overcome SegWit which lead to unlimited block size (if I do not misunderstand about it) even though we can not be sure when it could implement. However, we still expect this problem be solved as soon as possible before more merchants left bitcoin transaction.

Bitcoin Unlimited will kill bitcoin because BU doesn't work.

Segwit + LN is the only way to scale.

BU = disaster for the network, Jihan Wu becomes the ruler of everything. Core devs are the best devs on the planet, BU devs are a bunch of idiots that will fuck up and will make us lose our money.

BU will never get anywhere because it lacks merchant and node acceptance anyway.

[jamieb81]

The price will decrease this week. Tomorrow in USA there will be some new announcement about some taxes if i am right. And wednesday the chinese exchanges open again. I am not sure that there will be a crash so i hold and look how the storm passes.

I don't think there will be any drop in the price and even if there is any drop then it will be very minimal for a very short span of time then again bitcoin will regain it's value and have you noticed whenever there is a drop in the price when it increases the price increase will be much more than the dip so it's better not to sell bitcoin in panic if the value slumps because it will surely rise again.

[Luno]

Looks like FOMO is kicked in. People expected bitcoin to crash harder after the SEC rejected the ETF, but the price recovered, it was stable for a while. People was with the finger on the trigger, waiting for further crashing, it didn't happen so people got desperate and FOMO kicked in.

I still wonder why a lot of people expected bitcoin price to dump immediately after being rejected by SEC. They failed to realize that even before the talk about getting ETF approved, Bitcoin's price has been rising. The price is on it's way to $1300+ with or without the help from SEC's ETF approval.

Yes, bitcoin price is going much higher we all know what are all the benefits we get, Even the SEC rejected it will reach to the $1300 reason is people trust on btc. it is safe and very secure at the same time. more profitably than any other way of investment. hoping for the best for the btc so that we can all get the best outcome for what we are investing in.

[lionheart78]

Looks like FOMO is kicked in. People expected bitcoin to crash harder after the SEC rejected the ETF, but the price recovered, it was stable for a while. People was with the finger on the trigger, waiting for further crashing, it didn't happen so people got desperate and FOMO kicked in.

Dump  was expected but the number of buyers were more than sellers because people anticipate the dump and trader are waiting to exploit it. Since the demand was more than the supply the market had to adjust to it. Bitcoin is at a stage that market cant cause a dip for long time before it recovers, it is only the newbie that could make such mistake. Now we should expect a gradual rise to 1500 by June even with chinese factor

This simply show that Bitcoin community have great faith in Bitcoin.  They knew that Bitcoin is still undervalued and getting a piece of it in a cheaper price is already a win for them.  So when Bitcoin crashes lots of hands are catching it, which makes ETF rejection a small case.  With this positive activities, there is no doubt Bitcoin will revisit $1300  soon.

[iqlimasyadiqa]

bitcoin prices are currently in the range of 1250USD. some exchange have a stable price movements. it is possible that in the next week once bitcoin prices will rise again. see the chart then everything can become a reality.

[DarkIT]

bitcoin prices are currently in the range of 1250USD. some exchange have a stable price movements. it is possible that in the next week once bitcoin prices will rise again. see the chart then everything can become a reality.

Well, there is the possibility in a few weeks bitcoin prices could reach $ 1,300. when bitcoin cross that line, I believe, bitcoin prices would definitely go up, and many investors began to recombine. I hope that the price will be reached this week.

[coolcoinz]

Looks like we got over the ETF failure and moved on. Those who had buy orders set  up can now enjoy their free coins and watch them grow in value. I wish I weren't scared to keep money on exchanges and had some orders ready, because I sure don't lack support for Bitcoin and knew SEC is not going to mess it up for us. I hope we'll see $1500 this year!