[News] Analysts started talking about Bitcoin for 14,000 USD

[Aleeyou]

Chief analyst Stanpoint Research Ronnie Moas raised the forecast for the price of Bitcoin, again broke the record price, in 2018 from 10 000 to 14 000 USD, Telegram channel IBCGx.
According to Moas, positive news is supported by the news that has been accompanying bitcoins for the last five months, including the launch of trading in bitcoin futures on the CME exchange and the start of receiving payments in bitcoins in the popular in the US mobile application Square Cash App.

"We can assume that the good news is still not fully reflected in the current price," Moas said.
At the same time, the CME exchange still denied the start of trading on December 11th bitcoins futures. Information on the launch of derivatives on December 10 and the beginning of trading on December 11 was published on the exchange's website by mistake, CME reported.

Recall, a week ago, Bitcoin noticeably cheaper - an average of 6,000 USD per token. Analysts attribute the current appreciation of bitcoins to the revival of interest in Segwit2x, which is why some investors transfer their savings from other cryptocurrencies to bitcoin.

Now the bitcoins rate fluctuates around 8200 USD.

[inturist]

Who know? May or may not be.

[frowsiter]

Yes this fluctuation around the $8200 is great sign of its upward movement. This ha become the pattern for our bitcoin in the long run. It will always stop at some point after having huge pumps and then it will rest their for a while. May be thats the period where the market corrections starts happening and the bitcoin gets ready for the next high jump after the few upgrades in it. The contribution of the coin increases at this point because investors become sure that the bitcoin is not moving too fast and it is not going down either and thus find themselves in good position where the bitcoin can be bought and thus can be invested easily for the safer profits. This creates a high volatile chain reaction of inserting into bitcoin and then we start seeing those green candles in the long run. This generates leads for new buy/sell wall and then competition for the buy or sell starts which decides the ultimate fate of the net prices stop.

[meer45]

I think there isn't any doubt in anybody's mind that $10K will be reached soon enough. I was hoping for this year's end, but that seems difficult for now. Anyhow, the 5-digit mark is the next threshold for us and I would argue that it is possibly the most important threshold for bitcoin ever. If we manage to find support at $10K, we might never go back to 4 digits again.

[coolcoinz]

Not more than 2 weeks ago there were threads about analysts expecting Bitcoin for $10000 and now it's 14. Are those the same analysts? If so they're some funny guys changing their opinion every couple weeks and trying to create a new gold rush. Remember guys that you shouldn't trust the judgement of others, it's your money on the line!

At the same time, the CME exchange still denied the start of trading on December 11th bitcoins futures. Information on the launch of derivatives on December 10 and the beginning of trading on December 11 was published on the exchange's website by mistake, CME reported

Imagine what will happen if they cancel due to some regulatory issues. A mass hysteria

[moooonu]

Bitcoin has reached 8700$. Bitcoin will reach 9k$ by the starting of december. So bitcoin will reach 11k$ pretty easily. Lets see where we go with bitcoin by the end of this year.

[Kemarit]

Bitcoin has reached 8700$. Bitcoin will reach 9k$ by the starting of december. So bitcoin will reach 11k$ pretty easily. Lets see where we go with bitcoin by the end of this year.

I was about to say that bitcoin is almost touching $9000 and soon we will be achieving 5 figures in December or before the end of the year. The CME news really brings new investors to the scene because they don't want to miss when bitcoin becomes $10000. I think analyst like Ronnie Moas is seeing that is really achievable because not only in bitcoin but almost the top coins are doing very good. Fresh blood of investors are coming in, and people who have already a investment in bitcoin are still buying more. Today alone bitcoin sharply increase to above $8600 and I don't see it stopping anytime soon. So the $10000-$14000 jump is really doable. Let's see how it goes in the next couple of days specially at the end of this month.

[musaonliner]

firstly I say bitcoin is unstoppable now, and I guess 2018 in January bitcoin going 12k, I think there isn't any doubt in anybody's mind that $10K will be reached soon enough.
so 14000$ it's not a rare, I think its possibility more, and its possible to touch 14k..