Market Forecast

[Freddy11]

Bitcoin is moving towards the much watched mark of 10k, but there are a lot of hurdles that are required to be crossed. It will be good opportunity for one to go for buy but it has to be done in a very sensible and watchful manner in order for one to benefit from.

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[Freddy11]

Ethereum was moving well this week as it’s reaching near 200 levels, it will be interesting if it could break pass and if the next target of 250 can become visible in sight. It all says for a good opportunity to buy but we have to ensure to be prepared for all situation.

[Freddy11]

Litecoin was mixed with going down quite heavily before picking up equally quickly. Right now, it seems very steady and aiming towards pushing at 60 level. It will be interesting if it could begin the climb towards the 70 mark, its wait and watch scenario ahead.

[Freddy11]

BItcoin Cash was very steady this week so far having pushed towards the $300 levels, it will be very exciting if it manages to go pass this but at present stage, it will be a good chance for one to push for buy but it has to be done in very controlled fashion.

[rodel caling]

Bitcoin price is looking well their movement into the coin mmarket cap including the good of bitcoin price is ethereum hoping this great sign of stablility of king and queen of crypto goes stay stronger to bring for the next bullrun of the whole crypto currency. Good luck to all hodlers.

[peter0425]

Maybe it’s better to make forecast only in OP so you don’t have to bump this thread each time instead you will only need to edit the OP everytime you have another adjustments or additional

[ecnalubma]

So far the market is strong and looks steady I’m sure people will hate to see if it drops on $8,000 area again but this is inevitable but as far as the positive news are concern maybe we are likely to see growth in the following days imo.

[ololajulo]

So far the market is strong and looks steady I’m sure people will hate to see if it drops on $8,000 area again but this is inevitable but as far as the positive news are concern maybe we are likely to see growth in the following days imo.

the market is waking up from the Asian side of the world and this will help in price stability. There is lot of fund from that side and it might be selective. I just expect the price to enjoin the stability at a higher price of $12000-15000 as the halving hovers around in coming months. Every good project is preparing their project for next year, engaging more partnerships, signing more domestic agreements, more advert and conferences, more listing etc.

[Wexnident]

The market should be moving quite nicely in the next few months. China, being one of the largest countries that hold a lot of miners, have finally let go of their bans and are starting to open up to crypto. Plus, they also announced a cooperation with Hongkong for the development of blockchain technology, so we can expect that China is starting to open up its gates towards crypto once again. More should follow because China is one of the largest countries after all, so we could expect a lot of people to start studying why China did as such, and should see the advantages of Crypto. This should open up the market a lot more than it is now.

[Wysi]

So far the market is strong and looks steady I’m sure people will hate to see if it drops on $8,000 area again but this is inevitable but as far as the positive news are concern maybe we are likely to see growth in the following days imo.

the market is waking up from the Asian side of the world and this will help in price stability. There is lot of fund from that side and it might be selective. I just expect the price to enjoin the stability at a higher price of $12000-15000 as the halving hovers around in coming months. Every good project is preparing their project for next year, engaging more partnerships, signing more domestic agreements, more advert and conferences, more listing etc.

Yes market is going in right direction with a lot of positive news coming on the way and I am sure we will see a good year ahead after bearish 21018-2019. We might see some new players with new projects. This year it will be Asian market which might turn the tide for crypto with new investment expected from mid level and top level investors from China after the relaxation by Chinese government (not sure when they might restrict again).

[tinyteapot]

There are so many market research about bitcoin that is on going at the moment, the whales are above all the technical diagram drawn above because we all feel their impact when they strike and their actions determine the direction which the btc price will go.

I will suggest that we should try and read news bitcoin rather than technical aspect of it, news drive the market permanently while technical details only shows the possible directions, a good exmple ws the chinese president speech.

The market price is stable at the moment and i do not see the possibility of touching $8k again this year.

[YuginKadoya]

Hurdles would be resistance in the side of Bitcoin's movement, I guess it is unlikely to penetrate the mark $9300 USD but maybe we can keep up only to $9600 or $9700 for the matter until the year ends it is simply that In my opinion, we are not gonna see the $10,000 USD sad to say and we might see a correction or some dumps from whales this coming end of the year if whales would think to dump, But I think resistance to $9600 would be possible.

[ololajulo]

There are so many market research about bitcoin that is on going at the moment, the whales are above all the technical diagram drawn above because we all feel their impact when they strike and their actions determine the direction which the btc price will go.

I will suggest that we should try and read news bitcoin rather than technical aspect of it, news drive the market permanently while technical details only shows the possible directions, a good exmple ws the chinese president speech.

The market price is stable at the moment and i do not see the possibility of touching $8k again this year.

I also feel their are lots of background check from some part of the regulatory system in the USA, most into the market manipulation. I just dont want the target to be mainly bitcoin. The rumor of the influence of the government in the last deflation of bitcoin price is very sensitive and every sector is trying to deny it but I don't under-estimate the influence of government at any state of market

[The Sceptical Chymist]

It will be good opportunity for one to go for buy

I generally agree with this, because I do think bitcoin is going to hit that $10k mark within a couple of months maybe.  There's always the chance it could go the other way, but I think there are a lot of potential buyers who saw the rise from $7XXX to the current price and feel the bullish vibe in the market.  I sure do.

I guess it is unlikely to penetrate the mark $9300 USD but maybe we can keep up only to $9600 or $9700 for the matter until the year ends

That's probably going to be the case, and I don't really expect a major rally by the end of the year.  I've been pinning my hopes on something major happening in 2020.  In any case, it couldn't be a worse year than 2018, right?

[clickerz]

Hurdles would be resistance in the side of Bitcoin's movement, I guess it is unlikely to penetrate the mark $9300 USD but maybe we can keep up only to $9600 or $9700 for the matter until the year ends it is simply that In my opinion, we are not gonna see the $10,000 USD sad to say and we might see a correction or some dumps from whales this coming end of the year if whales would think to dump, But I think resistance to $9600 would be possible.

Bitcoin is holding ground at $9,000++ until this November. I am seeing $10k++ to $12,000  this December and slightly going back to 9k during the Holiday season. Next year the first quarter is exciting as we prepare for halving, more actions es expected. But at $9,000 seems it is consolidating, hope there's little resistance to this range.

[blckhawk]

There's always risk involved. And since no one can accurately predict prices because of manipulations and such, then we're still not sure of it would continue to hit that anticipated $10k. I still see struggles right below $9500 to $9000. And seeing the market today, it shows signs of downtrend but still with maintained trading volume. Despite this, I still remain hopeful that it would reverse sooner this year or earlier next year.

[kolonel_x]

Prices continue to be like this in the last 2 weeks more stable but we have to know when facing bitcoin at this time in the future it will bounce as expected or it will go down unexpectedly, so we have to risk what will happen later, but I expect this to be more stable at $ 9500.

[Dart18]

I agree. I am thinking a small profit though. Looks like we are going to stay at this price for 1 more month.
Maybe the end of December could be the 5 digit mark again. But I doubt it reaching the last ATH which is 20k.
We should never expect for that since there are lots of competition by now and the trading market had been so active.
Many people are getting hooked to it which means the buy and sell will be so fast that it will have a difficult time to be pumped.

[alexsandria]

Quite steady at 9k, by following the previous graphs we just got a few number of weeks below the bottom line. Well we might be expecting a retake number by number towards a 12k and up following up the conditions of crypto and blockchain receive in recent days. Starbucks and China is involve in this. With a succeeding good news graphs may change violently upwards till halving comes and will be an additional event towards a possible bull run.

[sunsilk]

Prices continue to be like this in the last 2 weeks more stable but we have to know when facing bitcoin at this time in the future it will bounce as expected or it will go down unexpectedly, so we have to risk what will happen later, but I expect this to be more stable at $ 9500.

It was like this and there will be a sudden drop or pump. Right now, as you can see there's a $200 drop as I've thought it's going to reach back $9,300 but it seems it's on a stopover to its support.

$8,800 - $9,000 is likely the stable price of it currently. If this turns in back under $9,000 I wouldn't be surprise but it's going to be the signal to start buying again IMO.