[2017-11-10] Bitcoin could reach $10,000 by Christmas

[ORCAf]

What do you guys think? Is it possible?

The Bitcoin bubble is turning into a mania that could help it reach $10,000 by Christmas, before heading for another major correction.
The people’s currency has passed several tests in recent weeks. One of them is the “technical test,” the crossing of price resistance marks like 5, 6 and 7,000 dollars.
That’s a bullish sign for investors who look at price and volume charts to determine the direction of the market momentum.

More:

https://www.forbes.com/sites/panosmourdoukoutas/2017/11/09/bitcoin-could-reach-10000-by-christmas/#21d8231634b5

[marckenigsberg]

How quickly things change in crypto.
Despite the price decline and fud over the last day I still think bitcoin looks bullish for the end of the year.
Thoughts?

[Lionidas]

I think it is either the announcement of the U.S treasury board looking into accusations of crypto man handling
https://cointelegraph.com/news/us-treasury-department-investigates-illegal-uses-of-bitcoin

or could it be that Tone Vays is off his horse again with his tweets causing a little upstir in the change in price since last night?

He definitely hates bitcoin and it's progression. He is an obstacle in what bitcoin has spent months to get to all wipe out by a tweet.
Trumpesque perhaps?
https://news.bitcoin.com/tone-vays-90-bitcoin-cos-meaningless/

[Taki]

Again those talks about bitcoin, it's price and XMas. I think everything was going to that price, 10000$, but the for is canceled and we can watch a big drop now. Anyway I am open for new Christmas presents in this year

[Xabad]

What do you guys think? Is it possible?

The Bitcoin bubble is turning into a mania that could help it reach $10,000 by Christmas, before heading for another major correction.
The people’s currency has passed several tests in recent weeks. One of them is the “technical test,” the crossing of price resistance marks like 5, 6 and 7,000 dollars.
That’s a bullish sign for investors who look at price and volume charts to determine the direction of the market momentum.

More:

https://www.forbes.com/sites/panosmourdoukoutas/2017/11/09/bitcoin-could-reach-10000-by-christmas/#21d8231634b5

Because of the cancellation on the segwit2x fork $10,000 value by Christmas time might be impossible. Current price is down to $6,200 and most of the whales are trying to bump BCH price. But I still believe bitcoin will hit that $10,000 value in time.

[Irvinn]

This behavior of bitcoin is quite possible. Now his course has decently fallen, but on the next wave, he may well by Christmas give us a Christmas gift in the form of his $ 10,000 course. After all, the possible reasons for his current downfall are temporary.