12K, great, another silly.......

[JTPhotography]

.......psychological barrier to spark a sell off.

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[Rahar02]

Silly, just newbies who will sell off
Bitcoin will continue to rise even if some people sell all of theirs until nothing left in their wallet.
$12K will be achieved for sure due to bitcoin will enter a bigger market after bitcoin futures officially launched on December 18th.
Bitcoin won't stop at $12K obviously, and everyone has a right to choose whether to hold or sell bitcoin, do it at your will, it's a normal thing in crypto-world.

[Squirrel Dearing]

Until the end of the year will see about$ 15,000 after that we'll go to a good correction, and for bitcoin and altcoins tumbled down. But in the spring, all to win!

[shezu007]

Until the end of the year will see about$ 15,000 after that we'll go to a good correction, and for bitcoin and altcoins tumbled down. But in the spring, all to win!

yes 12K is great but as the friend said that in December in this year most probably the rate will reach to 15k$ because bitcoin is going lunching in a big market and this will be the big achivement for bitcoin in this year after that in future bitcoin will show more excellent performance then this year. just wait for a future price that will be amazing for everyone.

[Costanza1]

.......psychological barrier to spark a sell off.

Not sure why you think this is a bad thing.  If you're a long term hodler it doesn't matter, if you're a trader its another opportunity to buy a dip.

[duola9527]

The tumbling and tumbling of the bitcoin has been common to the senior speculators of the market. In fact, this huge volatility has evolved into a target for speculators worldwide.

[WhichIsGood]

I think this will only hold true to those who are aiming for Short term profits. But for those who believe that bitcoin has still a lot of potential to grow in the future, they will hold their bitcoin for as long as they can.

[kevoh]

.......psychological barrier to spark a sell off.

Yes there's going to be a sell off but remember there are also those waiting for bitcoin price to lower a bit to buy up what is being sold off. A small correction in bullish price due to selling off will not stop it from bouncing back. Hodling bitcoin longterm is not the only way people profit from bitcoin, traders still get to profit even when others are selling off.

[fiulpro]

I think you haven't gone through the predictions in the market and also the news about the CME investments coming into play .. you should go through them some day because on 18 December when the CME will launch their so called big plan then the value of bitcoins will genuinely sky rocket and will reach a value that one cannot think it...in this phase you can say that bitcoins are in a  latent period of time where they are just Waiting for the big picture..
When the CME's plan will be launched they will get a generous hike of about 2-3k $ and that will for sure change the course of everything.. and as fas as I know everyone out there knows that bitcoins are going to attain a value higher than before thus there is no physiological barrier really!

[lisa255]

.......psychological barrier to spark a sell off.

15k for me there will definitely be a limit at which I can not continue to hold on. Yes, and enough is already waiting to think about the end of the year and the early decline with the beginning of 2018. So for now, wait a little.

[mrproblem]

OK 12k is not a psychological barrier.
5 digits means 10.000 was the barrier and it just done in a few days.
So actually second pscyhological barrier for now is 20k. 11k, 12k are daily barriers for bitcoin.
There is another danger now.
All exchanges are not above 10k so, there should be a new target but as I wrote above it seems it is 20k and for all around the world 20k seems too far away now.
As the reason of that situation now, volatility of exchanges are down.
Biggest advantage of the exchanges is volatility now it is gone a little bit.
So exchanges need something, because with this low volatility bitcoin and other currencies will lose their volume.
This means low income for miners and exchange owners who has also big amounts in this world. That means new pumps/dumps are very close

[francis2]

.......psychological barrier to spark a sell off.

Not sure why you think this is a bad thing.  If you're a long term hodler it doesn't matter, if you're a trader its another opportunity to buy a dip.

True if you already know what it is going to happen then take advantage of it, make money with that information, people worry too much about things they do not control worry about yourself and no one else.

[eddie13]

I think you haven't gone through the predictions in the market and also the news about the CME investments coming into play .. you should go through them some day because on 18 December when the CME will launch their so called big plan then the value of bitcoins will genuinely sky rocket and will reach a value that one cannot think it...in this phase you can say that bitcoins are in a  latent period of time where they are just Waiting for the big picture..
When the CME's plan will be launched they will get a generous hike of about 2-3k $ and that will for sure change the course of everything.. and as fas as I know everyone out there knows that bitcoins are going to attain a value higher than before thus there is no physiological barrier really!

Buy on hype
Sell on news...

I love crypto but my spidie senses are tingling..

[akram143]

.......psychological barrier to spark a sell off.

Don't sell any of your bitcoin just keep your holdings for some more year to get the huge profits I expect the bitcoin will rise upto $15K by the end of 2017 so don't get fooled when it reaches $12K and then you will worry about that in future.

[Arkitekt]

Seems like normal volatility to me. We're going to cross 10k a few times on the road to 15k. I don't think we're going to see a HUGE correction until 25k

[Lancelot04]

.......psychological barrier to spark a sell off.

Yep, that is my goal also, to sell at $12,000. Better safe than sorry, Bitcoin hasn't corrected drastically yet. It may happen soon enough.

[Sihab76]

Until the end of the year will see about$ 15,000 after that we'll go to a good correction, and for bitcoin and altcoins tumbled down. But in the spring, all to win!

Yes sir.  Before the ending of year 2017 and starting the year 2018 Bitcoin price will rise in the price level of $15000.

[Cyberczar]

Whatever anyone is waiting for, buying or selling, you have to understand the people will always be frantic at some points and cash out. But it doesn't stop and wouldn't stop the ride.

Bitcoin is on a long steep but bumpy ride so you'd better hold your breath. However, if you are scared you'd better check out.

I see a bitcoin that would hit $15000 this December a slight lull and $25000 by February. $49,000 by mid 2018 won't be surprising at all.

People will still sell at every milestone.  Of everyone is strong hearted when it comes to money. I'm waiting to see the prices of next week. That's a a week to take note of for obvious reasons.

[JTPhotography]

.......psychological barrier to spark a sell off.

Not sure why you think this is a bad thing.  If you're a long term hodler it doesn't matter, if you're a trader its another opportunity to buy a dip.

Very true, and yes I’ll buy if it dips. I bought a week ago at 9k. But I’m a newb hodler and as my wallet grows it becomes harder to stomach those dips haha!

[eveniyk]

Soon the price will collapse!! Will the correction of 40-50% ! Start a panic, the newcomers will sell their coins, and then price again deployed. It will be fun.. next year BTC will be price more than 20K..