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mwaqar17 (OP)
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May 01, 2018, 12:37:57 PM
 #1

Hi all Bitcoin is moving around 9K $ from so many days. What do you think it will cross 12k $ in mid may or it will be going down ?? Market are reflecting that there should be an increase in the price. What your prediction ?
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May 01, 2018, 01:12:04 PM
 #2

When you predict the bitcoin price, history does not matter as much as news and events. [Scammers are the only ones who provide real numbers in a given period.]
If there is no significant news, supply and demand may move price to $ 10,000, but I don't think we will get $ 12,000 soon.
The indicators tend more to one of these scenarios
1. $ 8000 as a settlement point, $ 9500 upper limit and $ 7,000 as a base.
2.  $ 10,000 as a settlement point, $ 11,200 upper limit and $ 9,7000 as a base

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May 01, 2018, 01:58:49 PM
 #3

Market are reflecting that there should be an increase in the price. What your prediction ?

The market reflects consolidation, nothing more. It's impossible to expect a further increase without there being an actual bullish indicator in form of a happening or event. It's pointless for the market to even attempt to test $10,000 currently, so it's better for everyone that it doesn't. Right now it's either 50% chance to go up, or 50% chance to go down. It's practically impossible to say anything other than that, because the only thing we can do is guess.

Don't forget that consolidation is always better than a decreasing price, so people shouldn't get bored or annoyed when the price isn't going up. Be happy with the relative stability and try to utilize it by using Bitcoin as currency, because that's what you guys want right? Once there is volatility people complain about Bitcoin not being a proper currency, well, here is your stability, capitalize on it.
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May 01, 2018, 02:41:15 PM
 #4

Hi all Bitcoin is moving around 9K $ from so many days.
And after those days it started to go back to $8,900 and it likes to stay there for the moment.
What do you think it will cross 12k $ in mid may or it will be going down ?
This month? I'm even thinking that it will cross $12,000. We should see it go hit first at $10,000 and stay there for weeks or more than a month.
Market are reflecting that there should be an increase in the price.
Don't expect, the market is unpredictable.



 

 

 

 

 

 


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May 01, 2018, 03:09:57 PM
 #5

Hi all Bitcoin is moving around 9K $ from so many days. What do you think it will cross 12k $ in mid may or it will be going down ?? Market are reflecting that there should be an increase in the price. What your prediction ?

Well when I look at the 4hour chart I see a reverse adam and eve pattern. If this should play out we could go down to 8100-8300.
On the other hand we could also continue ranging around the 9k area before seeing an upwards breakout to 11k-12k.

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May 01, 2018, 03:37:31 PM
 #6

Market are reflecting that there should be an increase in the price. What your prediction ?

The market reflects consolidation, nothing more. It's impossible to expect a further increase without there being an actual bullish indicator in form of a happening or event. It's pointless for the market to even attempt to test $10,000 currently, so it's better for everyone that it doesn't. Right now it's either 50% chance to go up, or 50% chance to go down. It's practically impossible to say anything other than that, because the only thing we can do is guess.

Don't forget that consolidation is always better than a decreasing price, so people shouldn't get bored or annoyed when the price isn't going up. Be happy with the relative stability and try to utilize it by using Bitcoin as currency, because that's what you guys want right? Once there is volatility people complain about Bitcoin not being a proper currency, well, here is your stability, capitalize on it.

Yeah, give them a stable coin and they want it to keep going up, without wanting to pay the price of corrections and swings when things don't go their way. I for one think that any dip is good news short and medium term, any consolidation (as it appears to be right now) is good news long term. If anything, a return past 10k and beyond so soon is going to further chip away at my own personal targets since I'd really like for Bitcoin to stay within a solid range for a year before reclaiming the "lost ground" of Q1 2018.

Can't please everyone, damned if price spirals, damned if it doesn't.

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May 01, 2018, 03:39:06 PM
 #7

Hi all Bitcoin is moving around 9K $ from so many days. What do you think it will cross 12k $ in mid may or it will be going down ?? Market are reflecting that there should be an increase in the price. What your prediction ?
Bitcoin is recently stable in the market it is recovering in slowly so it will reach 12k USD in this month end. But next month some fluctuation is possible in the market so reputation is up and down is possible so we don't predict the future possibilities of Crypto market. I think this year it will going to moon in the market.

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May 01, 2018, 04:47:22 PM
 #8

Hi all Bitcoin is moving around 9K $ from so many days.

usually when this happens the people get desperate and sell and the price drops

What do you think it will cross 12k $ in mid may or it will be going down ??

this will depend on the demand, if we have a lot of demand then the price will increase, but if we do not have much demand then the price will stay and it will fall a little. And we need to keep in mind that the price of bitcoin often increases due to the good news, or the good news creates a great demand, if we do not have good news then we do not have a great price increase

Market are reflecting that there should be an increase in the price.

Why do you think that?

What your prediction ?

will reach $10,000



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May 01, 2018, 07:19:33 PM
 #9

Hi all Bitcoin is moving around 9K $ from so many days.
Don't forget that it came from $6,000 and as we can see today it's supported by the price of $8,500 so see it stay at $8,500 - $9,000 is more amusing than to see it stay at $6,000 line.

What do you think it will cross 12k $ in mid may or it will be going down ?
I'm in the middle of going up and down but $12,000 isn't my feeling for this mid months.

Market are reflecting that there should be an increase in the price.
Just wait for the bounce up or the sudden pump that that occurred was already it?

What your prediction ?
$12,000 is quite far but $10,000 - $10,500 is a possibility.

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May 01, 2018, 08:05:34 PM
 #10

$12,000 is quite far but $10,000 - $10,500 is a possibility.

Well, if we manage to smash through the $10,000 level (which is a very important level that either makes or breaks the short term market), the price will definitely keep pumping further, and I'm sure $12,000 won't be anything special then. I personally am too conservative yet to see the market reach that point this month, but if we do anyway, then expect a solid increase following up on that achievement. Mentally, 5 figure levels are very important, and that directly represents the 'actual' end of the bear trend people consider this market to be in, and while I'm not really into this bear trend thing because I look at the bigger picture, it does make sense.
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May 01, 2018, 11:28:24 PM
 #11

I believe with your prediction that bitcoin prices will rise up to 12k in May, although it is still today. It's going downhill but I think it's only temporary.

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May 02, 2018, 01:01:16 AM
 #12

Hi all Bitcoin is moving around 9K $ from so many days. What do you think it will cross 12k $ in mid may or it will be going down ?? Market are reflecting that there should be an increase in the price. What your prediction ?
actually bitcoin prices have penetrated the price in the figure $ 9000, but unfortunately, the price can not be stable in that figure. Last 24 hours the price continues to fluctuate around the range of $ 8,980 - $ 9252. AFAIK the price will continue so until the resistance above $ 9,000 is created. if a new resistance is created, then the price will easily move on up to the next level. May month will be the beginning of fantastic progress of bitcoin prices.
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May 02, 2018, 01:14:30 AM
 #13

$12k or close to it could definitely happen within the next month. But for a stable $12k it'll probably be another two months. There will be at least one pump this month and that could very well take it close to $12k, but then it will correct down to $10000s and by early July it'll probably be fairly solidly at the $12k or higher level.
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May 02, 2018, 06:48:45 AM
 #14

I seriously think we would be continuing the bear trend by now. Surprised to see the prices are still up, so I do also think one final pump to $10k - $11k could be possible. Guess I'll buy some just in case...
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May 02, 2018, 07:17:54 AM
 #15

Hi all Bitcoin is moving around 9K $ from so many days. What do you think it will cross 12k $ in mid may or it will be going down ?? Market are reflecting that there should be an increase in the price. What your prediction ?
Except bad news come out we are going to hit $12,000 before end of this month. I think we are not going to any bearish market soon as it seen we have hit the bottom last month. Many speculators are saying many things about bitcoin been strap around  $9,000 and we are to see this level as an indecision level that is going to point were we would go next
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May 02, 2018, 07:59:06 AM
 #16

there is no more reason for the price to go down. we have already had our correction and the drop and then even more drop that we bargained for so it should now have ended. and with the evidence at hand regarding the market and how it has been rising so far we can be sure that it is now on the rise instead of anything else.
with that said unless something big, negative and unexpected happens, we can be sure that price will soon break $10k and continue this slow rise towards the ATH for the time being.

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May 02, 2018, 08:43:09 AM
 #17

In my own opinion, there might be a dip but it won't be deeper  like the other past months to the extend of reaching $6k or even below. We might see a price of only $8k if the dump or dip ever happens. But if the price will definitely pump, it might probably reach $10k and won't be higher than that. We will only see a price of $12k-$14k at the third quarter of the year.
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May 02, 2018, 09:31:01 AM
 #18

Hi all Bitcoin is moving around 9K $ from so many days. What do you think it will cross 12k $ in mid may or it will be going down ?? Market are reflecting that there should be an increase in the price. What your prediction ?

I feel like that we've hung around the $9k level long enough, and tested the $10k level enough times to say that the resistance at that level is pretty strong still. It would definitely surprise me if no corrections come soon.

$12k was had a big sell wall in the last real run bitcoin had above 5 digits. I doubt that BTC will be able to break it during this rally.

There is simply no momentum, we've been moving sideways, trying to break that barrier at $9500 which has proven to throw prices back to the early $9000s time and time again. This rally is almost as good as over. There is definitely every probability that BTC is going to hit $12k some time this year, just not during this rally.
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May 02, 2018, 09:32:53 AM
 #19

I think we are about to see a good upward trend for Bitcoin. Because volume is good and whenever it reduced below 9k USD it recovered very quickly
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May 02, 2018, 09:55:55 AM
 #20

Hi all Bitcoin is moving around 9K $ from so many days. What do you think it will cross 12k $ in mid may or it will be going down ?? Market are reflecting that there should be an increase in the price. What your prediction ?

I think 3K $ is very big if your referring in the mid of may because the price is slowly moving.
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