Is Bitcoin going to $9200?

[coin-investor]

Bitcoin (BTC) is ready to soar the short term – opinion

Check the article, guys!

https://coinstelegram.com/2019/12/10/bitcoin-btc-is-ready-to-soar-the-short-term-opinion/

I doubt it will before the end of the year, the best and logical the price could get is $7900, mine is a moderated forecast, I just want for Bitcoin to go to break the $7500 level, it's been weeks of struggling for the price to reach $7500, so many forecasts has been amiss, these year-end forecasts cast doubts on the accuracy and reliability of these so-called experts, it's really hard to predict the crypto market than other markets.

[Bossian]

Interestingly, the 9.4k price was predicted by the fractal posted by @NebraskanGooner (Twitter).

It was predicted for February 2020. Most importantly the following chart (unfortunately the fractal goes against this chart):




Green line is the support, blue line is the resistance.
The reaction to the green line will be absolutely crucial in the next coming weeks.

[Hippocrypto]

Bitcoin (BTC) is ready to soar the short term – opinion

Check the article, guys!

https://coinstelegram.com/2019/12/10/bitcoin-btc-is-ready-to-soar-the-short-term-opinion/

I doubt it will before the end of the year, the best and logical the price could get is $7900, mine is a moderated forecast, I just want for Bitcoin to go to break the $7500 level, it's been weeks of struggling for the price to reach $7500, so many forecasts has been amiss, these year-end forecasts cast doubts on the accuracy and reliability of these so-called experts, it's really hard to predict the crypto market than other markets.

Maybe the price won't go up more than $7500 until the last days of 2019. Since the price was very hard to recover, seeing btc price at the resistance will encounter more hardships. Even though more predictions comes, it's not our assurance to depend on them. We must stand with our own analysis, and strive harder until great pumps initiates an outstanding phase.

[Dart18]

Not yet. Too early. How about mid-April? Yes, that might work.
Then, more pump after May that could lead to 12-13k. Afterwards, it could stop there by  making another bottom like 12k.
Everyone will be happy.

Some will say that is just a little pump. How the hell is 5k USD is a small pump to bitcoin?
Even this price right now is still huge if compared to different commodities out there.

[Meowth05]

Bitcoin (BTC) is ready to soar the short term – opinion

Check the article, guys!

https://coinstelegram.com/2019/12/10/bitcoin-btc-is-ready-to-soar-the-short-term-opinion/

I doubt it will before the end of the year, the best and logical the price could get is $7900, mine is a moderated forecast, I just want for Bitcoin to go to break the $7500 level, it's been weeks of struggling for the price to reach $7500, so many forecasts has been amiss, these year-end forecasts cast doubts on the accuracy and reliability of these so-called experts, it's really hard to predict the crypto market than other markets.

Maybe the price won't go up more than $7500 until the last days of 2019. Since the price was very hard to recover, seeing btc price at the resistance will encounter more hardships. Even though more predictions comes, it's not our assurance to depend on them. We must stand with our own analysis, and strive harder until great pumps initiates an outstanding phase.

Who knows, there's a chance for Bitcoin soar to $9000 or more. These are just speculation it would still depend upon you if you are going use it as your guide or not but it is better if you will make yours. Bitcoin halving is becoming closer and perhaps this could be another factor on Bitcoins fluctuation however don't rely on it too much since it is really vague to predict crypto's movement.

[Palider]

We do not know what the price of bitcoin will be tomorrow and in the future, and we only rely on analysis, predictions that may be right or wrong.
Therefore, we should not expect this because only a negative or positive news could change the price of bitcoin. So all we have to do now is keep hands on and alert.

[The Sceptical Chymist]

Just another pump analyzer. 

I don't know what that means exactly, but it sounds like the article might be just that.  That isn't real news media, by the way, if they're writing articles hyping bitcoin or any other coin, nor would I trust a website that writes crap like that.

As far as whether bitcoin is going to $9200 (and I'm not sure where that price came from since I'm not clicking on the link), yeah I'd say it's going to, but not this year.  It's got to break $8k first, and even that seems to be an insurmountable barrier in the short term--even though bitcoin was above $9k not too long ago.  When bitcoin gets stuck in a range, it gets stuck for a long-ass time.

Next year, man, next year.  It's going to be a much better year than 2018 and even this year, at least I'm really hoping it will be.  I have a feeling the halvening is priced in already, but I can't say I'm 100% sure about that.  I said the same thing about the last two halvenings and I turned out to be wrong.  Anyway, we'll see about that but in any case bitcoin is due for a bull market sometime soon.

[Wexlike]

Bitcoin (BTC) is ready to soar the short term – opinion

Check the article, guys!

https://coinstelegram.com/2019/12/10/bitcoin-btc-is-ready-to-soar-the-short-term-opinion/

I doubt it will before the end of the year, the best and logical the price could get is $7900, mine is a moderated forecast, I just want for Bitcoin to go to break the $7500 level, it's been weeks of struggling for the price to reach $7500, so many forecasts has been amiss, these year-end forecasts cast doubts on the accuracy and reliability of these so-called experts, it's really hard to predict the crypto market than other markets.

A gentle increase to the upside would be really nice.. The price drags me down just a bit.

[cutesgirl]

We do not know what the price of bitcoin will be tomorrow and in the future, and we only rely on analysis, predictions that may be right or wrong.
Therefore, we should not expect this because only a negative or positive news could change the price of bitcoin. So all we have to do now is keep hands on and alert.

Many not realistic prediction with bitcoin at the future where some one can prediction bitcoin price will be on higher price next year and many other prediction talk bitcoin become above $20k, I keep realistic how bitcoin price today and look not coherence with our data before predicting with bitcoin price become on higher price, but now after many cases with bitcoin I can't give big hope with bitcoin become on higher price at next year.

[kapalmabur]

Bitcoin (BTC) is ready to soar the short term – opinion

Check the article, guys!

https://coinstelegram.com/2019/12/10/bitcoin-btc-is-ready-to-soar-the-short-term-opinion/

likely yes in a few days before the decline and alt season comes. this is because the support at $ 7000 is currently undamaged,
so there is hope that bitcoin is going to $ 9200 or more hope the end of the year!

[yulionoo]

anyone can speculate and predict the price of bitcoin and I value every speculation. and it is indeed possible that the price of bitcoin can reach $ 9200 by the end of this year.
but I have different predictions in my opinion maybe in these last days the price of bitcoin will go down because maybe some people will sell bitcoin for Christmas and new year. and some people may also be free from cryptocurrency activities. I think this will make the price of bitcoin decrease.

[CodyAlfaridzi]

Bitcoin (BTC) is ready to soar the short term – opinion

Check the article, guys!

https://coinstelegram.com/2019/12/10/bitcoin-btc-is-ready-to-soar-the-short-term-opinion/

Turns out BTC is breaking out the wrong way, it went down! LOL. That doesn't look like an ascending triangle anyway. Not a good analysis I would say. Far from being a sound TA. I think BTC will only range 6K - 8K in the coming months. Don't see any reason for another massive breakout.

The closing remark is true at least ...

The secret to the popularity of Cryptomist, perhaps, is not so much that the analyst gives correct forecasts, but that the pretty girl is on the avatar. We love girls! But far from their competence in crypto finance …

LOL

[julius caesar]

We do not know what the price of bitcoin will be tomorrow and in the future, and we only rely on analysis, predictions that may be right or wrong.
Therefore, we should not expect this because only a negative or positive news could change the price of bitcoin. So all we have to do now is keep hands on and alert.

You are definitely right in simple news about bitcoin it can totally change the path of price. Do you see the news or article about the president of China who will now support bitcoin and after I read that article the price of bitcoin instantly reach $10,200 in a short period of time. Seems bitcoin will not step up in the price of 9200$ and the price still at 7100$. No one totally predicts what could be the price of bitcoin but always be positive and hope for a better price in the future.

[kro55]

All i know is bitcoin is currently trading at $ $7,224.27 right now and no one can tell whether it will go up from here or down tomorrow. These are just speculations, there are many more like that. We are now getting used of these speculations and they dont take mush of our attentions. I suggest stay away from these speculations. 

[marcous]

Bitcoin this days is quite hard to speculate on and a bunch of failed bullrun, the support line got breach and now im expecting more downside movement might be coming. So yeah this article might not come through or will it there are no actual confirmations yet but im just keeping eye on the price right now. Still hoping for a reversal the amount of time waiting can be pretty exhausting.

Yes, that's true, when talking about charts actually almost nothing matches what will happen in the future. this is undeniable, the current bitcoin chart is indeed a lot of violations in the sense of not in accordance with what had previously occurred as it should and where the direction of the chart. like a lot of manipulation so as to hold the price of bitcoin difficult to breakout. especially if we rely on info as the OP said. I'm not sure aswell

[Naficopa]

All i know is bitcoin is currently trading at $ $7,224.27 right now and no one can tell whether it will go up from here or down tomorrow. These are just speculations, there are many more like that. We are now getting used of these speculations and they dont take mush of our attentions. I suggest stay away from these speculations. 

If you want to stand away from speculations, you should also skip this section on Bitcointalk. This is where we talk about it

As for the Bitcoin price, if nothing bad happens by mid-January, then I think that the next weeks will be very positive and the price of $9200 in February is very possible.

[blckhawk]

Not much to see on the article. Even though charts provide an insight to what the price would be, cryptocurrency market is still too volatile to be accurately predict, and all are just speculations. What I think is much better way of speculating is away from the charts, and instead focus on real-world happenings that might affect the price. In that method, you could gain insight on how the world, the demand, and the whales would manipulate the prices.

[jhonjhon]

We do not know what the price of bitcoin will be tomorrow and in the future, and we only rely on analysis, predictions that may be right or wrong.
Therefore, we should not expect this because only a negative or positive news could change the price of bitcoin. So all we have to do now is keep hands on and alert.

It is called prediction or speculation because it can either happen or not, we already know bitcoin is very unpredictable to the point that it is stressful to analyze it because it seems that it moves differently. We can base our decisions on these predictions but don’t really expect too much from them because it will only disappoint you.
Just do what you think is the right thing to do and try to make most out of every situation therein and enjoy what we can enjoy because we don’t know what will happen in the future.

[ubercool]

Short term chart is looking bullish and we may test the 7500$ resistance first and then we may look beyond that according to the volume. But right now it's in uncertain phase and we longs are higher than shorts so bullish.

[palle11]

Short term chart is looking bullish and we may test the 7500$ resistance first and then we may look beyond that according to the volume. But right now it's in uncertain phase and we longs are higher than shorts so bullish.

The bull are rallying up and looking for a little move to pick. But I think those picking for bear are those that are selling off either because of the December uncertainty. I think the price is likely to be more quiet for now.