You Think an $8000 Bitcoin Price Is Cool? Wait Until We Hit $12000 in January

[A1exander]

I would no be especially surprised by $10k or even $12k in January, but there will be corrections. Uninterrupted growth of such proportions is impossible. It may both rise to $9k or drop to $7k soon.

[W4terhouse]

I would no be especially surprised by $10k or even $12k in January, but there will be corrections. Uninterrupted growth of such proportions is impossible. It may both rise to $9k or drop to $7k soon.

I think the biggest success for bitcoin is, if there is a constant beeing around the actual price. To get balanced at this height and not falling deep to the bottom.

[iram1011]

The bitcoin price has broken $8,000 USD – yet another milestone. Now, the price could rise as high as $9,000 before the last round of profit taking occurs ahead of the big rally to $12,000 in early 2018.

Prices left behind a major Elliot Wave movement to arrive at the Gann´s Angle Theory trigger zone, which could launch a rally towards $9,000. Those actions contribute to the likelihood of an imminent rally to a higher bitcoin price.

In addition to having bullish mathematical indicators, the bitcoin price in the mid-term depends heavily on fundamental data. Short-term quotes crossed the Gann´s theory bearish angle to reach the trigger zone, which should launch a bull rally towards $9,000 in the nearby.

From there, sideways trading activity should confirm a new scenario in which the bitcoin price rises to $12,000 as the first technical objective for 2018. What do you think will happen to the bitcoin price?.

https://bitsonline.com/wait-bitcoin-price-12000/

Along with technical indication to bullish price action. Major news is expected from US regarding Bitcoin in Jan. A bill is being drafted to give Bitcoin a currency status in US instead of an investment asset. This will help in bringing down the tax on Bitcoin and can boost the growth of cryptocurrencies in USA. This will help in increasing the utility and thus will help in bringing in major investment.

[youngagethinker]

The bitcoin price has broken $8,000 USD – yet another milestone. Now, the price could rise as high as $9,000 before the last round of profit taking occurs ahead of the big rally to $12,000 in early 2018.

Prices left behind a major Elliot Wave movement to arrive at the Gann´s Angle Theory trigger zone, which could launch a rally towards $9,000. Those actions contribute to the likelihood of an imminent rally to a higher bitcoin price.

In addition to having bullish mathematical indicators, the bitcoin price in the mid-term depends heavily on fundamental data. Short-term quotes crossed the Gann´s theory bearish angle to reach the trigger zone, which should launch a bull rally towards $9,000 in the nearby.

From there, sideways trading activity should confirm a new scenario in which the bitcoin price rises to $12,000 as the first technical objective for 2018. What do you think will happen to the bitcoin price?.

https://bitsonline.com/wait-bitcoin-price-12000/

Banks, some governments and supermarkets stores are accepting BTC, people are more and more getting an awareness on this thing, so it is pretty much obvious that bitcoins demand will spike and the price will rise. We might hit at 20k$ in before december. It's a reminder that we must work harder to get as much BTC as we can and make it as a long term investment.
Mathematical indicators only process a history but no one really know what can happen.

[A1exander]

I would no be especially surprised by $10k or even $12k in January, but there will be corrections. Uninterrupted growth of such proportions is impossible. It may both rise to $9k or drop to $7k soon.

I think the biggest success for bitcoin is, if there is a constant beeing around the actual price. To get balanced at this height and not falling deep to the bottom.

It seems volatility decreased significantly during this year. I hope it will be more stable and we will not see 40-50% drops anymore.

[W4terhouse]

I would no be especially surprised by $10k or even $12k in January, but there will be corrections. Uninterrupted growth of such proportions is impossible. It may both rise to $9k or drop to $7k soon.

I think the biggest success for bitcoin is, if there is a constant beeing around the actual price. To get balanced at this height and not falling deep to the bottom.

It seems volatility decreased significantly during this year. I hope it will be more stable and we will not see 40-50% drops anymore.

Exactly what in mean. Nobody wants to see these drops, and everybody hopes for big raises. What about a constant price at first?

[Icaxx]

Analyze about last bitcoin price movement, i have a trust in its price will be higher.
I am not sure when will hit $1200 but i am sure it will hit that price soon.

[A1exander]

I would no be especially surprised by $10k or even $12k in January, but there will be corrections. Uninterrupted growth of such proportions is impossible. It may both rise to $9k or drop to $7k soon.

I think the biggest success for bitcoin is, if there is a constant beeing around the actual price. To get balanced at this height and not falling deep to the bottom.

It seems volatility decreased significantly during this year. I hope it will be more stable and we will not see 40-50% drops anymore.

Exactly what in mean. Nobody wants to see these drops, and everybody hopes for big raises. What about a constant price at first?

Well, there are traders who want a big raise, but then they dump the coins to fix the profits, and want a further drop to rebuy. There can be no raise without corrections.

[Lieldoryn]

I think that $ 8000 is a very good result. Who could dream that bitcoin will be worth $ 8,000 at the beginning of this year? All dreamed about what happiness is if the price reaches $ 2,000. Now you say that it is not enough. I love any result. The most important thing to bitcoin lived.

[bitctrimor1]

The bitcoin price has broken $8,000 USD – yet another milestone. Now, the price could rise as high as $9,000 before the last round of profit taking occurs ahead of the big rally to $12,000 in early 2018.

Prices left behind a major Elliot Wave movement to arrive at the Gann´s Angle Theory trigger zone, which could launch a rally towards $9,000. Those actions contribute to the likelihood of an imminent rally to a higher bitcoin price.

In addition to having bullish mathematical indicators, the bitcoin price in the mid-term depends heavily on fundamental data. Short-term quotes crossed the Gann´s theory bearish angle to reach the trigger zone, which should launch a bull rally towards $9,000 in the nearby.

From there, sideways trading activity should confirm a new scenario in which the bitcoin price rises to $12,000 as the first technical objective for 2018. What do you think will happen to the bitcoin price?.

https://bitsonline.com/wait-bitcoin-price-12000/

The good question there is can it really reach 12k by January. Although, I believe that the bitcoin market is reaching new heights every time and on a daily basis so it seems. I think, in the current trend, that it wouldn't reach that amount given the amount of time and the discrepancy with the amount it needs to climb.

[scottykarate]

BTC still seems to defy most types of analysis, at least to my uneducated eye.
It feels like a steady and fairly stable $9k by year's end would be a about maximum, with support in the mid $8k.

I think $10k is kind of a pivotal moment in history for Bitcoin. It may be after the new year before it hits that. For some reason, I think that round number being reached would really get the people unfamiliar with crypto listening and pique interest where it hadn't before.

[weishao]

I think this is possible, I am very optimistic about the future of Bitcoin. I think the price of bitcoin will keep rising, and I am willing to invest bitcoin for a long time. Bitcoin era will come.

[buwaytress]

The bitcoin price has broken $8,000 USD – yet another milestone. Now, the price could rise as high as $9,000 before the last round of profit taking occurs ahead of the big rally to $12,000 in early 2018.

Prices left behind a major Elliot Wave movement to arrive at the Gann´s Angle Theory trigger zone, which could launch a rally towards $9,000. Those actions contribute to the likelihood of an imminent rally to a higher bitcoin price.

In addition to having bullish mathematical indicators, the bitcoin price in the mid-term depends heavily on fundamental data. Short-term quotes crossed the Gann´s theory bearish angle to reach the trigger zone, which should launch a bull rally towards $9,000 in the nearby.

From there, sideways trading activity should confirm a new scenario in which the bitcoin price rises to $12,000 as the first technical objective for 2018. What do you think will happen to the bitcoin price?.

https://bitsonline.com/wait-bitcoin-price-12000/

Pretty jargon-heavy on the technical analysis there, but I think the $10k valuation by year's end is taken a lot more seriously by previously conservatives (myself included, with some humility). I think the long-awaited correction may never come until 2018, so if indeed it pips beyond 10k to 12k, there's always that chance of a massive sell-off followed by a sustained period of correction. This would be rational, based on the irrational psychology of that 10k mark.

A lot of long-term investors must have set take profit at above 10k levels, perhaps earlier this year: to realise 1000% profits if they bought at 1k, this would be the 11k level. With orderbooks still a bit thin on the sell side today, buying pressure is likely to grow even quicker.

Very heady, however it turns out.

[mrcash02]

$12000 in January? It's 50% increasement in 2 months. Without any important event I don't think it's going to happen, seems people are euphoric just because Bitcoin price is increasing too much these days and they think it will continue for the next months. If we are able to reach $9000 by end of December is a big achievement and if we do that, probably the price will have a moment of stabilization or drop.

[scottykarate]

$12000 in January? It's 50% increasement in 2 months. Without any important event I don't think it's going to happen, seems people are euphoric just because Bitcoin price is increasing too much these days and they think it will continue for the next months. If we are able to reach $9000 by end of December is a big achievement and if we do that, probably the price will have a moment of stabilization or drop.

Good call. I totally agree. It seems to want to settle into certain ranges for a week or two. There's not much time left. I don't ever rule anything out with BTC, however.

[Xervo]

The bitcoin price has broken $8,000 USD – yet another milestone. Now, the price could rise as high as $9,000 before the last round of profit taking occurs ahead of the big rally to $12,000 in early 2018.

Prices left behind a major Elliot Wave movement to arrive at the Gann´s Angle Theory trigger zone, which could launch a rally towards $9,000. Those actions contribute to the likelihood of an imminent rally to a higher bitcoin price.

In addition to having bullish mathematical indicators, the bitcoin price in the mid-term depends heavily on fundamental data. Short-term quotes crossed the Gann´s theory bearish angle to reach the trigger zone, which should launch a bull rally towards $9,000 in the nearby.

From there, sideways trading activity should confirm a new scenario in which the bitcoin price rises to $12,000 as the first technical objective for 2018. What do you think will happen to the bitcoin price?.

https://bitsonline.com/wait-bitcoin-price-12000/

Ahaha. Very motivating post. Is this another mockery of doubting newcomers? Each of us was like that, too, so do not laugh. They are also people and also afraid of losing their money.

[Catch-22]

Not sure about that. That's very optimistic. If it happens, we will all be happy.

[kitanodebunmi]

Bitcoin is a beast....it might even exceed $12,000

[Homaz]

i hope btc make a correction price before hit 10k, the alts are bleeding too much. Hope some fake news comes to dump btc so we can make some money.

[spadormie]

I am really fond of promoting bitcoin. Yes it is really cool to see bitcoin fly. And bitcoin is flying yes, but my alts are bleeding. Please give time to my alts for them to recover and continue mooning lol.