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Author Topic: Bitcoin can break above $1,100 again?  (Read 3982 times)
Yuuto
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April 03, 2017, 06:50:25 AM
 #81

What do you think about Bitcoin’s markets at the moment? Do you think bitcoin can break above $1,100 again?  Or is the price going below the $1,000 range once again? What are your thoughts on the altcoin markets? Let us know your price predictions and outlook in the comments below.

It has already broken that today.

I think that it proves how strong bitcoin is, even though everyone in the community knows about a potential hard fork, people seem optimistic in the community that eventually bitcoin will prevail and hold its value.

In my opinion, the best way to manage your wealth right now is to get a portion of your fiat savings into bitcoin, and make sure that you store your bitcoins in a secure cold wallet, that way in case of a fork you are able to get coins on both chains.

I hope that the price can just stabilise at $1100 for a bit, before it climbs again.
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April 03, 2017, 06:52:32 AM
 #82

The price has already crossed $1100 level and it can touch $1200 anytime soon so I am eagerly waiting to see that price so that I can sell some of my coins which I bought below $1000 in last week to make some quick profits from it.
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April 03, 2017, 06:59:58 AM
 #83

It was much easy for bitcoin to recover like this very quickly because it is king of the crypto world. I was quite sure it will gain +1100 again and bought in the range of $900 so my decision gone very profitable so it has up trend so it will go more high.
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April 03, 2017, 07:43:25 AM
 #84

It was much easy for bitcoin to recover like this very quickly because it is king of the crypto world. I was quite sure it will gain +1100 again and bought in the range of $900 so my decision gone very profitable so it has up trend so it will go more high.

Agreed.

Bitcoin will continue to be the #1 cryptocurrency in the world probably for a long time. Which means that its price level will indicate the health of the entire cryptocurrency ecosystem as well as user engagement.

People will continue to look up to bitcoin for guidance, altcoins and users alike.

In my opinion, once this debate about block size ends, then people will start buying into bitcoin again, and bitcoin's price will climb.

$1,100 is proven to be an easy barrier to break, next stop is $1,500. Wink
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April 03, 2017, 11:09:21 AM
 #85

The price has already crossed $1100 level and it can touch $1200 anytime soon so I am eagerly waiting to see that price so that I can sell some of my coins which I bought below $1000 in last week to make some quick profits from it.

It indeed can hit the $1200 level soon, but with BU fud going through the market the price can also tank down to $1000 within 24 hours. Fact is that there is quite a strong level of resistance at ~$1100 levels, in that regard, I wouldn't focus too much on the $1200 level for now. Especially when you consider that the price is moving within a certain range, that at the same time shows no real indication of moving outside that range.
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April 03, 2017, 12:00:12 PM
 #86

Yes, bitcoin already break the 1100$ mark previously there are many concerns about BU fud. That's why the price of bitcoin is not moving upwards.
Now it is a good sign for bitcoin some governments have already legalized the bitcoin, so the price of bitcoin will increase to 2000$ surely.
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April 03, 2017, 12:03:41 PM
 #87

Yes, bitcoin already break the 1100$ mark previously there are many concerns about BU fud. That's why the price of bitcoin is not moving upwards.
Now it is a good sign for bitcoin some governments have already legalized the bitcoin, so the price of bitcoin will increase to 2000$ surely.

Not so easy to achieve that price mate, and right now our first stop should be $1200 price and once it gets there then we can start thinking of next destination which can be $1500 which will even take long time to achieve and once it is done then can dream of $2000 not before that.
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April 03, 2017, 02:21:50 PM
 #88

It was much easy for bitcoin to recover like this very quickly because it is king of the crypto world. I was quite sure it will gain +1100 again and bought in the range of $900 so my decision gone very profitable so it has up trend so it will go more high.

Price chart is been already recovered and bitcoin is stand now in $1113. there is no more forking I think. Many of the speculations are saying bitcoin is moving the upward trend. If possible, please hold as much bitcoin you can hold now and do not sell it out. This is also a good value to buy a bitcoin because I am sure bitcoin will reach to skyrocket in the upcoming months.
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April 03, 2017, 02:31:10 PM
 #89

you probably meant : Bitcoin can break above $11,100 ?
Indeed it will, and sooner than we think !
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April 03, 2017, 02:36:32 PM
 #90

Yes, bitcoin already break the 1100$ mark previously there are many concerns about BU fud. That's why the price of bitcoin is not moving upwards.
Now it is a good sign for bitcoin some governments have already legalized the bitcoin, so the price of bitcoin will increase to 2000$ surely.

Not so easy to achieve that price mate, and right now our first stop should be $1200 price and once it gets there then we can start thinking of next destination which can be $1500 which will even take long time to achieve and once it is done then can dream of $2000 not before that.
Give me another positive or bullish news for the bitcoin market and you will see more pump in the future. All of the dump and pump depends on the news of bitcoin.

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April 03, 2017, 11:32:16 PM
 #91

Yes, bitcoin already break the 1100$ mark previously there are many concerns about BU fud. That's why the price of bitcoin is not moving upwards.
Now it is a good sign for bitcoin some governments have already legalized the bitcoin, so the price of bitcoin will increase to 2000$ surely.

Not so easy to achieve that price mate, and right now our first stop should be $1200 price and once it gets there then we can start thinking of next destination which can be $1500 which will even take long time to achieve and once it is done then can dream of $2000 not before that.
Give me another positive or bullish news for the bitcoin market and you will see more pump in the future. All of the dump and pump depends on the news of bitcoin.

Yes the news seems to be one of the factor for the price pump / dump. But right now positive news are coming out and it seems that many are starting to learn that bitcoin will remain as the main crypto and no other can replace it. And right now the price is ranging now at $1,135-$1,156 which indicates that we are near again for another break.


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April 04, 2017, 01:06:54 AM
 #92

you probably meant : Bitcoin can break above $11,100 ?
Indeed it will, and sooner than we think !

Yeah right, I recommend to buy as much as we can, I'm sure this month prices will reach $1200, when the price reached $1050 a week ago, many users are freaking out, I also had time to sell but I buy more when the price is $1020 and thankfully now the price is $1160.
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April 06, 2017, 05:14:22 AM
 #93

Honestly, $1,100 is nothing for Bitcoin to break. A true milestone will be $2000 since we've been hovering in the $1000s for quite some time now.

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April 06, 2017, 07:34:50 AM
 #94

I think we might briefly touch a new ATH, but we'll probably not break it by a large margin.

The fundamentals are just not there at the moment to really break the ATH by a large margin.

The driving factor right now is just the increased global interest in cryptocurrency in general and bitcoin is riding that wave.

We'd be much better off if we didn't have this ridiculous debate about scaling.
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April 06, 2017, 07:48:56 AM
 #95

I think we might briefly touch a new ATH, but we'll probably not break it by a large margin.

The fundamentals are just not there at the moment to really break the ATH by a large margin.

The driving factor right now is just the increased global interest in cryptocurrency in general and bitcoin is riding that wave.

We'd be much better off if we didn't have this ridiculous debate about scaling.

Agreed.

Bitcoin's price right now is justified.

However if it goes up to something like $2,000 right now it would be probably a bubble, because right now there is rumours all over the place about the potential hard fork and it is so anticipated right now.

The community is divided. The functionality of bitcoin is limited by the fact that there is always a possibility of the community will break up into two distinct ideologies.

Honestly, i'm happy rigth now that it seems sure the floor for BTC price is set in stone at around $1,000, and the price is relatively stable.

Nothing more I can ask.
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April 06, 2017, 08:19:24 AM
 #96

I think we might briefly touch a new ATH, but we'll probably not break it by a large margin.

The fundamentals are just not there at the moment to really break the ATH by a large margin.

The driving factor right now is just the increased global interest in cryptocurrency in general and bitcoin is riding that wave.

We'd be much better off if we didn't have this ridiculous debate about scaling.

Agreed.

Bitcoin's price right now is justified.

However if it goes up to something like $2,000 right now it would be probably a bubble, because right now there is rumours all over the place about the potential hard fork and it is so anticipated right now.

The community is divided. The functionality of bitcoin is limited by the fact that there is always a possibility of the community will break up into two distinct ideologies.

Honestly, i'm happy rigth now that it seems sure the floor for BTC price is set in stone at around $1,000, and the price is relatively stable.

Nothing more I can ask.

I don't really fear this hardfork as I strongly believe it's just a big bluff! Right now there is some huge manipulation going on. Scare the shit out of people by spreading FUD and part them form their precious BTC. Meanwhile a big orchestrated agenda is pushing almost every altcoin and sucking up all the dumb money who is willing to follow.
There will be a point where this whole scheme will collapse or the leaders just pull the plug. Then a big shift is very likely to happen. Either into BTC partially or profits will be taken in fiat. Or something of both. This is cryptoland where manipulation by guys with deep pockets is so damn easy!
So imo we still can reach $2000 this year. But I agree that if it happens too fast we may correct stronger.
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April 06, 2017, 08:24:41 AM
 #97

If it remains at $1,100 - $1,200 levels, then we can look at breaching $2,000 within the next 2-3 months. Who knows? May be by the end of the year, we may be able to touch the $5,000 per coin mark. The reason why I am saying is that right now many of the Altcoins are over-valued. Within the next few weeks, people will dump these coins and purchase Bitcoin.

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April 06, 2017, 05:01:32 PM
 #98

If it remains at $1,100 - $1,200 levels, then we can look at breaching $2,000 within the next 2-3 months. Who knows? May be by the end of the year, we may be able to touch the $5,000 per coin mark. The reason why I am saying is that right now many of the Altcoins are over-valued. Within the next few weeks, people will dump these coins and purchase Bitcoin.

Already we are good value in the price chart. Last year same day we are some where around 500$ plus but now we are double and more in the value. This much bump because of halving effect and Christmas bump. How we can expect the bitcoin to touch the 2000$ and more in this year. We are getting lots of adoptions over block chain technology but still we did not move in the price wise accordingly.
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April 06, 2017, 05:08:22 PM
 #99

No worries for that's, the price still play around $1000++, soon or later we will back to see the price higher than $1100 maybe in shortly bitcoin price will take over gold price again. Wink

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April 06, 2017, 05:09:39 PM
 #100

If it remains at $1,100 - $1,200 levels, then we can look at breaching $2,000 within the next 2-3 months. Who knows? May be by the end of the year, we may be able to touch the $5,000 per coin mark. The reason why I am saying is that right now many of the Altcoins are over-valued. Within the next few weeks, people will dump these coins and purchase Bitcoin.
Wow, you im feeling that you are a prophet Grin
Being serious, I would avoid saying that bitcoin price will surely go up because of altcoins dump,  I rather would say that there is a big chance for that.

I think the same as you Sithara, I believe that big part of alts market is actually overpriced: people tend to pump up money into coins that basically do not implement any new solutions: they are just a copy of another cryptocurrency.
After breaking 1250$ we can only wait for 1500$ level break, I really want to see that event ;>.
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