Bitcoin Price Could Reach $10,000 by End of This Year

[minerich]

 Many believe that the prices of Bitcoin could jump by nearly 70% from here and could possibly touch $10000 by this Christmas.

Technical analysts and investors have predicted based on the charts, Bitcoin prices have convincingly crossed the price benchmarks of 5k, 6k and 7k dollars. The price-volume charts suggest that there is a bullish sign for the investors which can determine the further direction of momentum and analysts say that there is every possibility it could touch $10000 by the year-end.

Moreover, another reason that can be backed by the fundamental analyst point-of-view is the fact that many big players from the “Wall Street” like Goldman Sachs and the CME Group have decided to actively participate in Bitcoin trading.

CME Group’s chairman and one the most prominent figures from Wall Street – Leo Melamed has shown confidence in Bitcoin saying it to be treated as a new asset class in near future. By bringing cash-settled futures contracts CME Group aims to reduce the volatility in Bitcoin thereby making them more stable and predictable for investors.

[davis196]

OP,this looks like old information and you missed what`s happening with the bitcoin price during the last days.
I pray for the bitcoin price to reach 10 000 USD,but too many altcoin supporters and the Segwit2x supporters are trying to manipulate the BTC price and increase the level of confusion across all core bitcoin users.
Anyway,I will HODL all my btc and wait for the new year.

[Erkallys]

Looks like it will not be possible. The price dropped a bit yesterday, but hopefully recovered since then. For now, I guess it is too late for a nearly 50% increase in one month and a half. But could reach back 7000$ easily.

[lili song]

I think it could be a little hard to reach $ 10,000. Because now bitcoin price down after up reach around  $ 7,400.
I guess some investors move to BCH. My prediction bitcoin can reach $ 8,000 by end of this year !

[Gloiri]

It is going to reach it because after a time people will begin to buy bitcoins. Now users are waiting to do a investment, because they want it to drop more. Nothing can rise forever.

So this was the time for bitcoin to fall down.

[phunixx]

No it won't hit 10k this year......
Yes it will hit 10k sometimes in the future
Moneymakers are shifting between BTC and other coins for gaining profits (pump and dump)
Or you go long term or take profit in daytrading

[Almat]

I would have doubted this yesterday just because the BCH surge seemed like it would last long. Now that it is dead, $10,000 is very attainable. Time to HODL again in peace.

[eagleman]

Still hopeful on this speculation? These whales aren't going to make it happen for this year but still it can just quickly pump up to $10,000 but not at the end of this year.

My prediction bitcoin can reach $ 8,000 by end of this year !

This is my guess either for the end of the year, $10k is hardly possible to happen for this year but $8,000 looks possible but still much better if it will be seen on $10,000.

[zeze18]

indeed to reach $ 10k seems unsure of bitcoin by the end of this year,
but anything can happen to bitcoin as well as price increases that often experience a spike after a price reduction from bitcoin and so far there has been no definitive prediction about bitcoin.

[btc-facebook]

It's difficult to happen especially when Bitcoin is downtrend at the moment.
I'm also experienced slower confirmation and more expensive fee so I think there was a significant movement on Bitcoin trader into bch
But I'm still hold my most of Bitcoin !

[OrangeII]

to know this i do not think so. I predict that bitcoin prices will only reach $ 7000 more, or close to that price. Well, if segwit does not happen in the near future, I predict it like that, but bitcoin always gives a very interesting surprise.

[worle1bm]

Many believe that the prices of Bitcoin could jump by nearly 70% from here and could possibly touch $10000 by this Christmas.

Technical analysts and investors have predicted based on the charts, Bitcoin prices have convincingly crossed the price benchmarks of 5k, 6k and 7k dollars. The price-volume charts suggest that there is a bullish sign for the investors which can determine the further direction of momentum and analysts say that there is every possibility it could touch $10000 by the year-end.

Moreover, another reason that can be backed by the fundamental analyst point-of-view is the fact that many big players from the “Wall Street” like Goldman Sachs and the CME Group have decided to actively participate in Bitcoin trading.

CME Group’s chairman and one the most prominent figures from Wall Street – Leo Melamed has shown confidence in Bitcoin saying it to be treated as a new asset class in near future. By bringing cash-settled futures contracts CME Group aims to reduce the volatility in Bitcoin thereby making them more stable and predictable for investors.

Many supporters of segwit2x which withdrew their support few days before hard fork are now trying to manipulate the btc price and which is affecting the bitcoin market cap within past few days as the price has gone down but now its recovering and soon will be at peak and we can hope for the price to $10k by new year so just HODL.

[tokeweed]

Many believe that the prices of Bitcoin could jump by nearly 70% from here and could possibly touch $10000 by this Christmas.

Technical analysts and investors have predicted based on the charts, Bitcoin prices have convincingly crossed the price benchmarks of 5k, 6k and 7k dollars. The price-volume charts suggest that there is a bullish sign for the investors which can determine the further direction of momentum and analysts say that there is every possibility it could touch $10000 by the year-end.

Moreover, another reason that can be backed by the fundamental analyst point-of-view is the fact that many big players from the “Wall Street” like Goldman Sachs and the CME Group have decided to actively participate in Bitcoin trading.

CME Group’s chairman and one the most prominent figures from Wall Street – Leo Melamed has shown confidence in Bitcoin saying it to be treated as a new asset class in near future. By bringing cash-settled futures contracts CME Group aims to reduce the volatility in Bitcoin thereby making them more stable and predictable for investors.

I don't know what news website you copy/pasted this from but I don't agree with it.  Before the dump, with the kind of run BTC had, it would have reached 10k by Christmas, easy.  But after the dump?  Maybe it's safer to say that it will reach 10k USD around February 2018?

The point is to adjust your expectations to what the market is doing now.

[naidray]

Looks like it will not be possible. The price dropped a bit yesterday, but hopefully recovered since then. For now, I guess it is too late for a nearly 50% increase in one month and a half. But could reach back 7000$ easily.

Well, we cannot predict that yet. Corrections are likely possible, but with bitcoin full of surprises. I will not say anything is impossible at this stage. It would reach back even more than $7000 pretty soon and with that we should be expecting some new ATH soon, which makes me not to believe that there is every possibility that bitcoin can reach that level by December.

What we have presently arejust manipulation that is already not lasting, so the best is to get in on the train now to make some profit.

[lucashunter]

Looks like it will not be possible. The price dropped a bit yesterday, but hopefully recovered since then. For now, I guess it is too late for a nearly 50% increase in one month and a half. But could reach back 7000$ easily.

Well, we cannot predict that yet. Corrections are likely possible, but with bitcoin full of surprises. I will not say anything is impossible at this stage. It would reach back even more than $7000 pretty soon and with that we should be expecting some new ATH soon, which makes me not to believe that there is every possibility that bitcoin can reach that level by December.

What we have presently are just manipulation that is already not lasting, so the best is to get in on the train now to make some profit.

Many thought the manipulation was going to end Bitcoin, a friend of mine even sold half of his Bitcoin portfolio so he can join the train on Bitcoin Cash. Though I pleaded with him to just allow the market to settle, but he wouldn't listen.

Well for me, I am strong Bitcoin believer and I still hold on tight to my believe that Bitcoin will hit $10,000 by the end of this year. It is already bouncing back to its price before last weekend manipulation. I am sure we will be seeing some bullish run soon as people's confidence in Bitcoin is renewed.

[Question123]

I believe possible the price of bitcoin will reach 10k  dollars before end of this year . But if that happen maybe in the month of january 2018 . So if you want to earn more money invest now in bitcoin. Many people want bitcoin price reach that amount .

[buwaytress]

Have mentioned a couple of times before how I haven't really moved past the 4 or 4.5k mark, particularly because the moves beyond that have been so fast with no real holding level beyond a week.

While I didn't discount a move towards 10000 by end of 2017, I have still been psychologically at 4500.

But the recent week, with BCH failing past the initial run, amd Bitcoin returning to pre s2x suspension levels with such strengths, I'm very ready to see the new stable price at 7000.

[1Referee]

Have mentioned a couple of times before how I haven't really moved past the 4 or 4.5k mark, particularly because the moves beyond that have been so fast with no real holding level beyond a week.

While I didn't discount a move towards 10000 by end of 2017, I have still been psychologically at 4500.

But the recent week, with BCH failing past the initial run, amd Bitcoin returning to pre s2x suspension levels with such strengths, I'm very ready to see the new stable price at 7000.

I too feel that we currently are past levels that are justifyable for the time period we're in, but this market keeps rushing forward ignoring everything that makes sense, and that no matter how much we analyze the market and its past performance. I think a lot of current speculation hints towards the assumption of the CME group being allowed to offer future trading, which on its own is a pretty bullish thing to focus on, but we're definitely not there yet. That being said, it's important to understand that one should never look at BCC and think that it has any sort of long term importance. This coin is a pump and dump scheme, which to most people is an obvious fact. It will sink and settle below the 0.1BTC level again, that's pretty much guaranteed. I was too lazy with preparing my older Bitcoin wallet in order to claim BCC in previous times, but the +0.2BTC levels finally convinced me to do so. That's the only right thing to do with these coins, DUMP them.

[DaMut]

CME group's one of the biggest reason behind this pump,
many people believed we will see it around $10.000 this year due to CME listing,
well if they're really listing it,we may be can see it around that this year because they're giving us a clue about their listing in Q4 2017.
but,at the same time if they're only giving us a false hope i am afraid we well see the downtrend.
or at least we will not hit $10.000 if they do not fullfill their promise to us.
people already regained their confident after the flash dump due to fork cancelation,
and if nothing goes wrong this move will last until the end of this year or even january 2018ish.

[DrGuns4Hands]

Oops! Its over price and it is impossible to reach. No one expecting bitcoin will reach that limit. Its hard to believe then its very imposibble to make it happen. We can just focus on what's the status of it today. And hoping that it will not fall down.