Will Bitcoin Reach $3,000 Next Week?

[iamTom123]

Earlier this week, miners began to signal for Bitcoin Improvement Proposal BIP 91, a kludge between the original Segregated Witness (SegWit) proposal and the Digital Currency Group-led SegWit2x, also known as the Silbert accord.

Despite its short timeline that may cause difficulties for developers resulting from technical instability, BIP 91 was the last chance for miners and the Bitcoin community to avoid a network split, which would have led to the creation of two Bitcoin Blockchains or Bitcoins. Source

As we are getting a clearer picture of what can happen on and after August 1, people have already voted their confidence on Bitcoin by buying back the coin into their portfolios once again. I think we are having some sort of a revenge here and this prompted many to predict that soon Bitcoin can surpass the psychological level of $3,000.

Can it be this week or next week? Anyway, it is not really that important...the most important thing is that soon we can be out of the woods and soon Bitcoin can be back soaring and roaring like a lion who is out of his cage.

It is time for a little Bitcoin party (though we still have to be very cautious here!).

[19Nov16]

I am very optimistic price $ 3000 immediately reached next week, when hard fork issues continue to decline of course the more enthusiastic users to buy bitcoin.

[DrGuns4Hands]

i don't think so. maybe the panic selling already stop but it will continue last week before august 1st. so it has a possibility to goes down again. but don't worry bitcoin will recover from it because there will be changes after august 1st lets all witness what will be the result of it in bitcoin economy . i have a lot of friends who already sell their bitcoin because they're afraid what will happen on their money lol.

[~Bitcoin~]

I am quite optimistic about segwit activation and I think yes price may remain above $3k during segwit activation. I have seen price above $2900 yesterday on poloniex so I am expecting $3000 really soon. $3000 will be new ground/bottom for another round of big pump.

[sunsilk]

.... most important thing is that soon we can be out of the woods and soon Bitcoin can be back soaring and roaring like a lion who is out of his cage.

This is it tom, no matter what will happen this week or next week this is the most important thing ever.

We will just eventually see the price of bitcoin will be reaching $3,000 and the barriers will be broken and we'll see new ATH.

It's gonna be an excited thing to see what will be the price of bitcoin before this year ends.

[jorneyflair]

Definitely does seem possible since the price of bitcoin just rose by at least 500 overnight. The prices seem to have stabilished now and it has been around 2.8K for around 12 hours now. Bitcoin doesn't seem to be rising anymore, and if anything, bitcoin dropped 50 in the last 3 or 4 hours. Maybe bitcoin might go back to 2K and hang around there until August the First.

The market is super hard to predict these days, especially due to the hard fork. Bitcoin dropped 1K in a day, then after 2 days, climbed back up and stablised itself and now bitcoin is slowing falling.

I hope the best for bitcoin.

[titulng]

my psychological price is $4000 in this year, so I never surprised the price turned into $3000 suddenly

[tabas]

I keep on checking the price for the whole time this day. And it looks like we are now stable at $2,700, next week I have two thoughts for it. It can go back to $2k again for a while and then it is now going to be fueled and will be pumping to $3,500 very soon. That will be another quick increase that is about to happen.

[DaMut]

i read this comment in other thread ;
BIP91 now is "almost locked in" as only about half of the remaining blocks of the current period (17/32) are needed to signal for it - miners could only revert it if more than 50% decide to change to a non-BIP91 client now.

based on his comment and other comments,more likely we can see another ATH this week or even tomorrow,

well,i didn't notice it that Bitcoin already hit 3000$ today,so another rise incoming.
then in early august we will see declining before take off in last year

[talkbitcoin]

the ATH (a little lower that $3000) was tested today, and that shows market is ready for the rise and the fact that it currently is stable for hours at $2700 level proves that all the bubble talks were mostly nonsense and this is the next level of our rise after the correction down to $2400-$2500 from the ATH first time.

the dip below 2k was just market being kind to those who missed out.

i say when the next phase starts (signalling with bit 1 for BIP141 and rejecting non-SegWit blocks) things will be 100% and the rally begins.

i read this comment in other thread ;
BIP91 now is "almost locked in"

the comment must have been old. BIP91 is already locked in and a couple of hours has passed ever since. that is the reason for major rise to $2900+

[DaMut]

the ATH (a little lower that $3000) was tested today, and that shows market is ready for the rise and the fact that it currently is stable for hours at $2700 level proves that all the bubble talks were mostly nonsense and this is the next level of our rise after the correction down to $2400-$2500 from the ATH first time.

the dip below 2k was just market being kind to those who missed out.

i say when the next phase starts (signalling with bit 1 for BIP141 and rejecting non-SegWit blocks) things will be 100% and the rally begins.

i read this comment in other thread ;
BIP91 now is "almost locked in"

the comment must have been old. BIP91 is already locked in and a couple of hours has passed ever since. that is the reason for major rise to $2900+

not really old,just found it a day ago or so,
so we will see another ATH in coming days ?
it's good news and hope nothing goes wrong will happen,and oops we already hit 3000$ already right ?

it's really sad for them who's selling their coin in the bottom,but a days ago was like a nightmare for me.
a lot of my friend panicked and some of them told me to sell it,but i never lose my faith on it.

and the most important thing is altcoins are back !
many coin doubled even triplet from average price,and it's not too late for us to buy it

[Cacingkemi]

If it breaks 3K usd,I predict a decline in early August because the week now exceeds what I'm calculating,the soaring price is now the game a group of sharks waiting for the whales But did not rule out if the whale calls his friends. Basically I predict will not penetrate 3K at the end of this month and at the beginning of next month

[LFC_Bitcoin]

I think there is a good chance we break $3000 next week, maybe even this weekend. The panic of a chain split is over for now at least. This will bring confidence to the market & attract investment.

[darkagentx]

I dare say, $ 3800 will be reached by next week, so prepare for some rough and rowdy BTC coaster ride.

[audaciousbeing]

I dare say, $ 3800 will be reached by next week, so prepare for some rough and rowdy BTC coaster ride.

And if that didn't happen, what will you do on live TV? Its true that confidence is returning back into bitcoin and its something we need to be rejoicing about but I don't believe price will just continue to be pumped without any fundamental reason. In recent times I have not read of any massive adoption of bitcoin neither have I heard that bitcoin as been legalised every news points to the issue of August 1 which means to me, the sustainability of the price is of essence at this time more than before.

[okissabam]

Based on bitcoins price today, I think it'll be next week. It's just my assumption that it'll try to reach the $3000 mark again because it had try to increase back it's price to around $2800 or so; so there is a big possibility before August 1 it might try to reach that mark then would drop on the day itself and skyrocket back a few months after.

[Juggy777]

Earlier this week, miners began to signal for Bitcoin Improvement Proposal BIP 91, a kludge between the original Segregated Witness (SegWit) proposal and the Digital Currency Group-led SegWit2x, also known as the Silbert accord.

Despite its short timeline that may cause difficulties for developers resulting from technical instability, BIP 91 was the last chance for miners and the Bitcoin community to avoid a network split, which would have led to the creation of two Bitcoin Blockchains or Bitcoins. Source

As we are getting a clearer picture of what can happen on and after August 1, people have already voted their confidence on Bitcoin by buying back the coin into their portfolios once again. I think we are having some sort of a revenge here and this prompted many to predict that soon Bitcoin can surpass the psychological level of $3,000.

Can it be this week or next week? Anyway, it is not really that important...the most important thing is that soon we can be out of the woods and soon Bitcoin can be back soaring and roaring like a lion who is out of his cage.

It is time for a little Bitcoin party (though we still have to be very cautious here!).

The dump is over, the pump is here all people crying for the dump are mourning while those who expected the pump are rejoicing, yes it's may well touch 3000$,but as we can see 2675 and them 2705 it's playing up and down 3k looks realistic and, 4k by year end I feel, if all good happens let's hope it may cross 4.5 at first Jan let the party begin.

[HI-TEC99]

I dare say, $ 3800 will be reached by next week, so prepare for some rough and rowdy BTC coaster ride.

And if that didn't happen, what will you do on live TV? Its true that confidence is returning back into bitcoin and its something we need to be rejoicing about but I don't believe price will just continue to be pumped without any fundamental reason. In recent times I have not read of any massive adoption of bitcoin neither have I heard that bitcoin as been legalised every news points to the issue of August 1 which means to me, the sustainability of the price is of essence at this time more than before.

I read a number of stories about Bitcoin in the mainstream news, most mentioned the price rise, and some mentioned the end of a Bitcoin civil war. Anything that puts Bitcoin in the mainstream news draws in new investors, and they will probably help pump the price for a considerable length of time.

[CryptoLenin]

Think we need a calm down period for a weak or more. Consolidation in 2,5 -3k will be great for future development

[kodtycoon]

I'm still looking forward to this price increase and i think for $3K will not happen in this week, i do not think if bitcoin prices will come down again. But I'm sure this value will last until the 1st of August.