Bitcoin to 7000 HOT NOVEMBER

[jvdp]

I don't think bitcoin will hit $7000 this september because the value fluctuates from &4600 - $5000 only and I think it will not rise higher than that. Maybe in december it can pump but not $7000 more or less it's $6000 but who knows bitcoin is unpredictable

at this time even bitcoin prices are being corrected. so it might be a bit hampered when looking at the current conditions. but at the end of this year the price of 7000 $ is still very possible. there is still plenty of time we can wait. maybe we will not see it in september, but 4 months is enough time to see it all.

Ya I think the same.To reach 7000$ and all it take more time to reach so.At this year end you may see the price of 6000$ may be but not the value of 7000$ and all.Why because the price reduce today to 4300$.So their will be some up's and down in the price of bitcoin.

[1715251805]

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[1715251805]

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[amacar2]

I guess you did not anticipate or factor in the ICO ban in China when making your predictions. Looks like a blue September is upon us. The price will do well to stay just above $4000 this month.

Nobody have thought about this before expect few Chinese traders who have contact with government officials. They made huge profit by selling on top and they will continue to share weak hands before pumping price back to above $4500 level.

Chinese might sell their altcoin + bitcoin out of fear but eventually they have to buy back when actual news will spread out.

[garciaor2002]

good observation!

[pressureonme]

Having $7000 per bitcoin on september 2017 is not that possible when we consider the conditions of the market. We're undergoing a decrease and this will maintain for a while. If we get rid of this, then we can think about $7000.

[xaxistech]

Yeah right this is a perfect moment to buy, but i think that we can not reach more than eight thousand dollars in less than 27 days. I think that is being too optimistic, maybe we can recover from this correction and go up to $5,5k maybe, but who knows? nobody can make predictions in cryptocurrencies.
But maybe you are right, everything is possible in here.

[NorrisK]

It's clearly oversold at the moment. Its at or below the level when the pump last week started. It will bounce back and slowly climb back towards 5000 where it will do a similar pattern as at 4000 (swing between 4600 and 5400) before going towards the anticipated 7000.

[guy_wonderful]

Here is some vizualization

[Oilacris]

Here is some vizualization

Basing on those technical stuffs its already creating a wedge which signifies uptrend together on those support resistance levels but there would stil be possibilties on breaking up that support. Hope it wont happen and price should really bounce up again because this price reductions are just pullbacks for a certain price increase but saying on hitting up $7000 would still takes time.

[Ararbermas]

Wow if bitcoin reach 7000$ in this month of september well that is great. .all of the crypto community will panic to sell their bitcoin if that predictions happened.. but i saw some news about bitcoin price they predicted that 4300$ will reach 5000$ in this year end?who knows what if this month of september will reach 7000$?. Will its panic time.  

[Barbut]

Wow if bitcoin reach 7000$ in this month of september well that is great. .all of the crypto community will panic to sell their bitcoin if that predictions happened.. but i saw some news about bitcoin price they predicted that 4300$ will reach 5000$ in this year end?who knows what if this month of september will reach 7000$?. Will its panic time. 

Reaching 7000$ so fast sounds really great but can it really happen in September I'm not sure, bitcoin price already made a big rise this year. I'm not sure about what panic time are you talking about, panic cause of what? Can you be a little more specific about it.
I don't think that price can go to 7000$ even until then end of the year, and not in September. I'm satisfied with current price and asking for more is too much. That is my opinion about btc price, just many times bitcoin surprised me so I'm open minded, anything can happen, I always try to be reasonable but that doesn't work so good with bitcoins.

[HatakeKakashi]

I think the highest possible price of bitcoin before end of this month is 5k dollars and for sure if you buy today you will earn profit. I dont think bitcoin price reach more than 6k dollars in this month. Because if you see the price today is 4300 dollars and its very hard to bitcoin to reach 5k dollars and for sure once it will reach that it takes 1 month before it will increase again more than and we will see 6k  upto 7k dollars before end of the year.

[Kemarit]

I think the highest possible price of bitcoin before end of this month is 5k dollars and for sure if you buy today you will earn profit. I dont think bitcoin price reach more than 6k dollars in this month. Because if you see the price today is 4300 dollars and its very hard to bitcoin to reach 5k dollars and for sure once it will reach that it takes 1 month before it will increase again more than and we will see 6k  upto 7k dollars before end of the year.

With the current news from China, its really hard for bitcoin to reach $7000 this month. Again the news was a surprise and its really a bad timing as we are enjoying the best so far specially in the beginning of the month up until this Monday when the Chinese government suddenly declared that they are banning ICO and the fake news that they are shutting down local exchanges as well. But assuming that this news never happened, I consider $7000 possible also we are stretching too much. But then again, we needed this kind of dip or correction so that new investors or even old one could buy bitcoin and push to price instead of pulling it back further.

[pereira4]

Here is some vizualization

Here is more vizualization:

http://image.ibb.co/jX5b9F/bitcoin_log.png

Looking at the algorithmic chart, we are prone for a real bubble (not what we've seen thus far) that would kick us somewhere around $10,000-$15,000. That would be 2013 levels of bullish pressure, and that is perfectly possible this year-early 2018 if we avoid the segwit2x nonsense.

Unfortunately, if the idiots involved in segwit2x continue with their plan, the market will crash and we will have 3 different bitcoins and a lot of confusion, and it will take a while until Segwit2xCoin dies out and becomes irrelevant along with Bitcoin Trash, we will go months or even a year behind of where we could be if there was no segwit2x drama long the way.

Let's hope for the best, and the best would be, no segwit2x, peak of $15,000+, new floor in $10,000 and we never see 4 figures ever again.

[KennyR]

$7000 by September is an reasonable speculation, because the price continues to pump after dump. Bitcoin in the past has overcome several issues similar to the ongoing hot talk related to the cryptocurrency usage in China which is the largest market for bitcoin in terms of bitcoin usage, user base and mining.

[dothebeats]

Here is some vizualization

Here is more vizualization:

http://image.ibb.co/jX5b9F/bitcoin_log.png

Looking at the algorithmic chart, we are prone for a real bubble (not what we've seen thus far) that would kick us somewhere around $10,000-$15,000. That would be 2013 levels of bullish pressure, and that is perfectly possible this year-early 2018 if we avoid the segwit2x nonsense.

Unfortunately, if the idiots involved in segwit2x continue with their plan, the market will crash and we will have 3 different bitcoins and a lot of confusion, and it will take a while until Segwit2xCoin dies out and becomes irrelevant along with Bitcoin Trash, we will go months or even a year behind of where we could be if there was no segwit2x drama long the way.

Let's hope for the best, and the best would be, no segwit2x, peak of $15,000+, new floor in $10,000 and we never see 4 figures ever again.

5-figures would be nice, though it seems to be improbable atm due to the impending segwit2x by November. It seems very orchestrated though, if this bubble is about to pop. By November it would look like it's just purely negative reactions from the market when the price crashed, when in truth whales are slowly dumping everything they have.

A further blow in this bubble would be nice.

[bamboylee]

I would love that prediction to happen but the news about china is not agreeing with the prediction. China is choking bitcoin right now so I do not think that it can grow up to 7000 this month. Maybe when this problem is out of the way, it can.

[BitFinnese]

It seems the ICO ban and the romur/news about China banning local exchanges had made Bitcoin price to stall and somehow goes some DIP.  There is still plenty of time this September to reach that $7000 prediction but I think  Bitcoin will settle at around $5500 at the end of September.  There is not much of a news atm just some old China PBOC tactics of pulling Bitcoin price down.

[karabasss]

It seems the ICO ban and the romur/news about China banning local exchanges had made Bitcoin price to stall and somehow goes some DIP.  There is still plenty of time this September to reach that $7000 prediction but I think  Bitcoin will settle at around $5500 at the end of September.  There is not much of a news atm just some old China PBOC tactics of pulling Bitcoin price down.

These news have a very negative impact on the price of bitcoin. The market is still unable to recover from such news.
But I still have the expectation that bitcoin will return at least to the mark of 4,800 dollars

[richardsNY]

There is still plenty of time this September to reach that $7000 prediction but I think  Bitcoin will settle at around $5500 at the end of September.

Considering the massive increase we have gone through this year, I am already happy if we end up settling above the $3000 for the end of this year -- anything above these levels is a bonus for me. For now, the only thing that might potentially get the price to take a few steps back this year, is the hard fork that is planned to happen in November. It's important that miners end up pulling back from this hard fork, because the more miners are doing so, the lower the chances are for this hard fork to happen. I am sure that most people here aren't looking forward to another chain split, aside from greedy individuals looking to have value on both chains.

[tabas]

I would love that prediction to happen but the news about china is not agreeing with the prediction. China is choking bitcoin right now so I do not think that it can grow up to 7000 this month. Maybe when this problem is out of the way, it can.

This news should be considered we are quite far from reaching the expected price by the OP and other speculators. If it wasn't China doing these crazy things even before, we should land now at $10,000. A resolution is a going to be out soon once the laws coming from their legislation are done, maybe it can make their market healthier again.