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Author Topic: Downtrend is broken & Bitcoin is headed towards $11,000!  (Read 158 times)
Bytem3 (OP)
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February 17, 2018, 08:45:48 AM
 #1

Looks like the downtrend is broken. Bitcoin will hit $11k anytime now. What do you think will be the price by the end of the month? Altcoins are doing very well as well!


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February 17, 2018, 09:17:34 AM
 #2

I believe that the market is now rising albeit slowly unlike what we experienced in the last quarter of 2017 described as a bull run. This is what I always preferred a slow rise rather than a sudden spike which the market could not maintain. Hopefully before the end of the first quarter 2018 there is a possibility that Bitcoin can be hovering around $15K already. Right now, the market is stabilizing after the series of so many FUDs, misconceptions, fake news and pronouncements coming from many personalities who are against the very concept of Bitcoin. It is time to buy Bitcoin again before the coming of the bull.
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February 17, 2018, 09:22:32 AM
 #3

As they say Gold $30,000/ounce and Silver $1000/ounce
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February 17, 2018, 09:25:16 AM
 #4

Looks like the downtrend is broken. Bitcoin will hit $11k anytime now. What do you think will be the price by the end of the month? Altcoins are doing very well as well!



I think we will be seeing the price and ATH of $20K if the price continues in this state. Everyone is becoming excited to the profit they will be getting to this pumps that will happen. I wonder if another ATH will be made this month? Or maybe will just go back to it's common price at $15K.
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February 17, 2018, 09:32:03 AM
 #5

It seems so and i wish so. But i think even if it gets to $11,000 soon, it would still fluctuate until middle of the year when almost all the sensitive news that could trigger some changes in the price would have finished.

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February 17, 2018, 09:45:07 AM
 #6

I think we're on 14-15k. Then down. But these will not be very strong movements. I expect the next strong growth somewhere in the summer-autumn.
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February 17, 2018, 09:49:24 AM
 #7

11k is a resistance...Either rush up tp 12k, or fall back to 9.8...
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February 17, 2018, 09:51:46 AM
 #8

Altcoins doing great , because bitcoin is going up , easy as that. Wait for another bitcoin drop down and all altcoins will go down.
Bytem3 (OP)
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February 17, 2018, 09:59:32 AM
 #9

I think Bitcoin $15,000 by the end of the month is doable, $20k, doubt that.

BTW: 95/100 from the top 100 by market cap are green Smiley Verge (XVG) is leading with 35% gain.

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February 17, 2018, 10:18:14 AM
 #10

Looks like the downtrend is broken. Bitcoin will hit $11k anytime now. What do you think will be the price by the end of the month? Altcoins are doing very well as well!



At the end of the month, I think it will fluctuate from $12k to $14k. The downtrend was ended but bitcoin will slowly rise until October to November where it will spike again in price. All coins are also recovering and we will also a slow rise in their price.

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February 17, 2018, 12:40:13 PM
 #11

There has not been a breach of the downtrend yet.

Confirmation of the breach of downtrend comes around $13400.

There is a bull count that could go that way, but there is also an equally valid bear count that will target $4200 and below.

No one can predict the future, all that can be done is to look for confirmations and play the odds.
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February 17, 2018, 12:43:00 PM
 #12

Long live bitcoin, I was waiting the 5 digits badly, Now I hope it keeps rising and goes back in 20K.

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February 17, 2018, 12:50:58 PM
 #13

I think even if up to $ 11,000 soon, it will remain fluctuating until the middle of the year when almost all the sensitive news that could trigger some price changes will be over.

I believe that the market is now rising steadily unlike what we experienced in the last quarter of 2017 depicted

Hopefully before the end of the first quarter of 2018 there is the possibility Bitcoin can hover about $ 17K

This is the time to buy Bitcoin again before the bull's arrival
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February 17, 2018, 12:57:42 PM
 #14

11k is a resistance...Either rush up tp 12k, or fall back to 9.8...

This. Bitcoin is going to bounce around it's channel for a few months, and slowly grind higger. Those hoping for a repeat of December's vertical rise up to $20,000 are going to be disappointed. If it moves up it is going to happen slowly.

 
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February 17, 2018, 01:28:50 PM
 #15

it seems like for the time being bitcoin has changed the dynamics of the whole market for the first time in a positive way because usually a bitcoin rise causes a big dump in most altcoins at least. possibly it is because of all the altcoin dumps that has been going on and all the money that got out temporarily to come back later.

by the way does the website you are linking here has an API, I was looking for an alternative to coinmarketcap.com for some analysis I am doing?

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