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

[minerich]

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/

[1714855123]

1714855123

[1714855123]

1714855123

[salihno71]

It is a bit optimistic but if the price movement continues in the current manner, sure, why not? This is 4k$ rise which has been seen in the past 6 months already.

[Zenixin]

It is a bit optimistic but if the price movement continues in the current manner, sure, why not? This is 4k$ rise which has been seen in the past 6 months already.

and can still happen in the near future.

[sheldonnnn]

Yes, I have good feelings about it. The price instability of Bitcoin is normal and the price will fall from time to time but in general Bitcoin continues to grow. This is great. Let those who did not believe in Bitcoin be sorry.

[dave111223]

Please no, let altcoins breathe

[traderethereum]

$8000 is a cool price but i am waiting the price is increase more than $10,000 because when the price reach it, i can make a lot of money and i think i can sell some bitcoin make money. and now the price is reach more than $8k and i see the price is up and down too often and for me, i think its difficult to make prediction if i don't know anything with trading. if the price is really hit $12,000 in january then i think the price will be increase more without stopping.

[intelligent.investor]

Got to admit it....2017 has been "The Year of The Bitcoin"

[Pursuer]

It is a bit optimistic but if the price movement continues in the current manner, sure, why not? This is 4k$ rise which has been seen in the past 6 months already.

well that 4k$ rise is about 50% rise, normally I would say that is not going to happen in only 2 months (until January) but I have a feeling that this CME new market news is going to be a big one in short term and can lead to that kind of big rise.

Please no, let altcoins breathe

LOL, if an altcoin is getting dumped just because bitcoin is rising maybe it is time to think about another proper investment that is not just an speculative asset that is greatly affected by bitcoin price and how that moves!

[Wind_FURY]

OP, that is nothing. Wait until we witness masterluc's prediction of $40,000 - $100,000 per Bitcoin by 2019.

https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/

We would all be so rich! Finally, something that I am doing with my life is going to pay off. I can relax and take a break for a while.

[Cixboy61]

12k is the new milestone. The sound is good.
Also if BTC reach 12k at january you can make x6 from July. This is just 5 months, really impressive.

[W4terhouse]

The speed the bitcoin was taking to the level of 8000$ makes it possible to reach 12.000$ in the end of January. Unbelievable.

[Jet Cash]

Hey slow down guys - I'm still trying to build my Bitcoin savings, and nobody seems to be spending it at the moment.

[tb4eva]

I heard people talking at the watercooler at work about bitcoin reaching 10,000 before Thanksgiving. Thank that's possible?

[Fox-111]

It's possible, but what makes you guys so certain of this?

[Sihab76]

It is a bit optimistic but if the price movement continues in the current manner, sure, why not? This is 4k$ rise which has been seen in the past 6 months already.

Yes sir absolutely true. 6 month ago Bitcoin price was around the $2k-$3k but 6 month later this price is increased 3times. So it is really astonished and amazing. I think bitcoin price will $10000 till January 2018

[lucifochrome]

12K is a bit high i think? but with how bitcoin is performing now, it is not that far off. If more investors join then we will see a major boost in the price it might be by the end of december but from time to time bitcoin will experience some resistance so that will put the price boost on hold but after that it is profit for us.

[W4terhouse]

It's possible, but what makes you guys so certain of this?

Just take a look at the last few months. In June the Bitcoin was around 3000$, a lot of people said it is the all-time-high. One month ago the Bitcoin reached the 7000$. A lot of people said, just wait for the fork coming up, after that the bitcoin will fall and the altcoins will raise.

Now the Bitcoin is around 8200$ so the possibility of reaching the 12.000$ is as near as it could be.

This makes it not certain but in fact more realistic as ever before.

[MUG1WARA]

It is a bit optimistic but if the price movement continues in the current manner, sure, why not? This is 4k$ rise which has been seen in the past 6 months already.

Yes sir absolutely true. 6 month ago Bitcoin price was around the $2k-$3k but 6 month later this price is increased 3times. So it is really astonished and amazing. I think bitcoin price will $10000 till January 2018

many are waiting for bitcoin to hit $ 10,000 and it could be speculation that bitcoin will hit $ 12,000. bitcoin would easily reach that price even later in the year

[rjbtc2017]

Please no, let altcoins breathe

This is Bitcointalk forum, give respect to Bitcoin, I feel sad that you don't like the progress of Bitcoin, Why?, Why it feels like that you are blaming Bitcoin?, We should not blame. Just like you, I hold altcoins too on my WAVES account and WAVES is now on it's low price. Same with the other altcoins, their prices is not increasing because no one buys that altcoin, It just become an option for pumping and dumping. I still believe on WAVES though and it's future development will surely bring WAVES to the top altcoins.

Just like what i said, Invest on that altcoin if you want make that altcoin breathe but investing,trading and supporting an altcoin is no joke. If you put a lot of money on a certain altcoin to pump it, other investors will use the opportunity to trade it to BTC, Blaming Bitcoin will not change anything. Bitcoin is the father of all coins, and you should be confident enough to your fave altcoin, if it deserves to get attention because of it's features and it's future plans and developments, then it will get the love,price and the support it deserves.

[lupinvn]

Its a really bright thought about bitcoin. I think 8k$ is a very good stand for this year. Just look at the unstable in price of bitcoin these days, I can feel that there really hard for bitcoin to move up in next 2 months. But, thats just my feeling, I'm a bitcoin holder so hoping it grow up is my daily thought, lol