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Author Topic: Is Bitcoin going to $9200?  (Read 1119 times)
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December 12, 2019, 01:26:49 AM
 #1

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/
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December 12, 2019, 01:50:39 AM
 #2

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 think it's just another people analysis from hundred analysis that predicted BTC would pump in short time. But in the fundamental side and in my own opinion it won't pump this year or in a short time because it almost every end of the year BTC price always going down, it might be because many people withdrawing their investment or something else.
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December 12, 2019, 01:59:59 AM
 #3

Just another pump analyzer.  Grin

Well, it could happen. It is December and people are receiving their bonuses.
If some do like the idea of investing that money into bitcoin then we might really see a small pump ahead.
But, it will not be fruitful in a sudden. It might bloom mid January or maybe even in the month of February.

Yeah, I am also speculating now.  Grin
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December 12, 2019, 02:41:13 AM
 #4

Their analyze not realistic, depend on what can reach $ 9.200 in 2020?. Many analyze like this we can see in every platform, look's optimist but push too hard. Technical analyze must combine with fundamental can't stand alone specially with dream. Please don't share articles like this one, this is end of year many people already leave crypto market for pleasure. They will come back again next year, so please wait.

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December 12, 2019, 02:46:16 AM
 #5

Their analyze not realistic, depend on what can reach $ 9.200 in 2020?. Many analyze like this we can see in every platform, look's optimist but push too hard. Technical analyze must combine with fundamental can't stand alone specially with dream. Please don't share articles like this one, this is end of year many people already leave crypto market for pleasure. They will come back again next year, so please wait.

I barely understand your post but the article he post has a point if you read it carefully and have knowledge on technical analysis. There is no right or wrong in prediction since it's just a opinion and not
a trading advice. What are you talking about that many people already leave crypto? When you check wallets that holding BTC, You will notice that it grows exponentially which means that many new user
are holding their bitcoin. I don't see the logic on why this kind of article must not be posted here on trading discussion.  Grin

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December 12, 2019, 03:34:50 AM
 #6

Every day I can hear hundreds of analyzes about the price of bitcoin in the future. People often talk about technical analysis, but I think there's no such thing as technical analysis right here. If there is good news the price will go up and bad news will go down, don't try to read past charts to predict the future.
Besides, the article does not have a specific timeline for bitcoin to rise to $ 9200, so this article is for reference only, it does not have any practical value.


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December 12, 2019, 03:40:30 AM
 #7

I don't think bitcoin price can increase at $9200 in a short time unless there is a big pump that can push the price to rise higher. If the situation is like this, I think the price will not be able to break $8000, and it will stay at a range of $7100-$7500, but that is only my prediction. If the price can start to jump before the end of this year, then it will be good for bitcoin itself because, in the next year, we will see the bitcoin price will start to reach more than $8000 and will break another higher price.

So we can be patient to wait for that time because we will make a lot of profit by selling bitcoin at the highest price. We can buy more bitcoin from now on before the price increase, so we are not late to sell the bitcoin.

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December 12, 2019, 04:20:45 AM
 #8

We couldn't even reach $8000 price, it was even really hard to maintain a stable price above $7500. But, there's nothing wrong with the technical analysis. It's merely a prediction, I, myselft have my own prediction about the price of bitcoin, but still I don't dare to share it since I don't even know if it's the right analysis or not. I'm no expert when in comes to prediction or something.

I think as long as we're not breaking the $7000 price, there's still hope for another recovery and it might also surpass the resistance or even just like what that article have predicted. But if it goes beyond the support, only god knows where we're heading.
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December 12, 2019, 04:21:45 AM
 #9

The analysis is still too far from the possibility of market conditions like this will continue to hold at $7000, it will also be difficult to rise this month to $8000, bearish will continue to be possible until the beginning of the year often much higher speculation so that there is no pumping on bitcoin and many people don't believe about it.
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December 12, 2019, 04:26:08 AM
 #10

don't rely too much on analysis, because there is no analysis that is 100% accurate, the analysis can be right or wrong, from my personal experience, Bitcoin technical analysis often shows false signals, like yesterday, many predicted bitcoin to fall, instead it rose sharply to reach 10K, after that many predict bitcoin will go 20K, but bitcoin dropped sharply instead.
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December 12, 2019, 04:42:34 AM
 #11

It's just a prediction nothing else.Also so many people told that btc will we 50k$+ in 2019. But reality is btc is under 10K$.We now that btc will not only reach 9200$,it will be ATH. But need more time.Better to don’t hear this kind of prediction. Make your own research.       

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December 12, 2019, 04:58:29 AM
 #12

Is this exactly what you say? I do not think so?
Soaring in the short term it can happen because prices are very fluctuating but does the statement in the article convince you?
Because it has been speculated a lot like that and just become nonsense, a lot of analysis about the bitcoin mela bung but not so sure what they say.
It's better to see the market that is continuing.

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December 12, 2019, 05:26:05 AM
 #13

Most people predict that bitcoin will increase in the future, and the price of $ 9200 is quite possible, but the specific time when it will reach that price is what people are wondering.
The article only says that bitcoin will rise to $ 9400 in the coming days, so how long will it take? 1 week or a month or a year?
There are many predictions about bitcoin out there, at least they let people know about a specific time.
Besides, I don't see any signs that bitcoin will increase in recent days. The Christmas holidays are about to come and it's about time people need cash to shop, there will undoubtedly be a lot of bitcoins being sold and I think prices will fall.


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December 12, 2019, 05:26:58 AM
 #14

Is this exactly what you say? I do not think so?
Soaring in the short term it can happen because prices are very fluctuating but does the statement in the article convince you?
Because it has been speculated a lot like that and just become nonsense, a lot of analysis about the bitcoin mela bung but not so sure what they say.
It's better to see the market that is continuing.

Still, the prediction of the coin is almost 9200 dollars, and we are still on that price, if you are trying to look at the graph of the coin it is not stable came from 7500 dollars it goes down over 7100 dollars that is not profitable to us as a trader, some people make an alternative income, so they use the altcoins on their trade even it was not profitable unlike the bitcoin, a trader always aim to have a profit and additional source you cannot skip an opportunity to have a profit everytime, there are some predictions that the end of the year of 2020 there's a huge changes in the cryptocurrency.

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December 12, 2019, 05:48:12 AM
 #15

Were close to end of this year,  there is a possibility for bitcoin to reach $9200 but the most ask when we do not know yet. A lot of speculation in bitcoin price probably next year there is a changes in the crypto market. There is still a needs on your judgement about btc movement because even others gives you analysis about the price there is no certainty when would that be.
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December 12, 2019, 06:04:11 AM
 #16

I'm not really sure about the speculation. but it could happen if the price of bitcoin rises. it's just that, at this time such potential has not been seen. until now the price of bitcoin is still trying to survive at the level of $ 7k. as said in the article that the price of bitcoin has the potential to level $ 8k, and $ 9k when recovery occurs. it's just that, the predictions don't say if there is a decline, and I feel that when there is a fall in the price of bitcoin it could be under $ 6500.
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December 12, 2019, 07:10:49 AM
 #17

When it's an opinion, then it's nothing, but if this would be based on analysis then the different case, but the price of Bitcoin would go up and down it's a common scene from the last couple of years, recently, Bitcoin price has shown a lot of dynamic volatility, especially when the China president declared that Blockchain is fruitful for the next generation then the price of Bitcoin was increasing at a good pace, For me, Bitcoin price is depending on the international politics and policies, so anytime anything would happen in this blockchain world.

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December 12, 2019, 07:20:17 AM
 #18

I'm not really sure about the speculation. but it could happen if the price of bitcoin rises. it's just that, at this time such potential has not been seen. until now the price of bitcoin is still trying to survive at the level of $ 7k. as said in the article that the price of bitcoin has the potential to level $ 8k, and $ 9k when recovery occurs. it's just that, the predictions don't say if there is a decline, and I feel that when there is a fall in the price of bitcoin it could be under $ 6500.
I think prices stagnant like this will last a long time, The price of Bitcoin is still around $7k and this will end if there is good news that can trigger Whales to buy Bitcoin. I think the price of $9k will be very easily achieved if there is a small Pump later.
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December 12, 2019, 07:24:21 AM
 #19

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/
sites that are not credible, even sites that have high credibility predict bitcoin does not go that far, for now, it will only range from $7800 or down to $6512.
can check here source but at least the chart is quite good and can be used as an entry market.

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Orochimarukin
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December 12, 2019, 07:32:10 AM
 #20

Although I am very bullish on BTC, I am tired of speculations and analysts dropping one prediction or the other. It will moon when it will, just buy and hodl.
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