Is Bitcoin going to $9200?

[onyek16M]

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

bitcoin is unpredictable price, look the bitcoin chart can not make sure that it will happen as same such bitcoin is going to $9200 based by chart
better to action by market situation and make trade based on present conditions not following chart the future who doesnot really happen, it will minimize lose while trading in the market

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[Fatunad]

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.

I doubt there will be a bull rallying up this year or even in the next year might as well as the halving there's no certainty that the bull market is rallying up. All we see this month is the stable price of $7k but if it would break the resistance level we might see the slight bullish market that everyone wants to see.

[Cacingkemi]

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

it's likely that in the next few days market price movements will experience a slight decline, because we know that the crypto market is very vulnerable to manipulation and currently market price manipulation is more frequent so that market price movements are more likely to decline lately

[Blackdeath]

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

it's likely that in the next few days market price movements will experience a slight decline, because we know that the crypto market is very vulnerable to manipulation and currently market price manipulation is more frequent so that market price movements are more likely to decline lately

Indeed. Bitcoin's price is very difficult to manipulate that we didn't expect that bitcoin will go down to almost $7000 this month of december. Every predictions about the price of bitcoin that we see in this forum did not match today, but a lot of people still believe that bitcoin will reach it's to $20,000 again in the year of 2020.

[STT]

it's likely that in the next few days market price movements will experience a slight decline

I'm bullish for the moment as we've already moved down to some extent.   However I'm less certain of achieving 9200 before year end -



Take the blue line as bullish momentum and we're not near to that.  Gives us space to rise to this area but still cant really trust this BTC price beyond speculative trades with stop loss on it.    I'd wait before expressing negative bet near term though.

[cotton ball]

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

it's likely that in the next few days market price movements will experience a slight decline, because we know that the crypto market is very vulnerable to manipulation and currently market price manipulation is more frequent so that market price movements are more likely to decline lately

Indeed. Bitcoin's price is very difficult to manipulate that we didn't expect that bitcoin will go down to almost $7000 this month of december. Every predictions about the price of bitcoin that we see in this forum did not match today, but a lot of people still believe that bitcoin will reach it's to $20,000 again in the year of 2020.

Looks hard for bitcoin growing back with $9200 because today bitcoin increase more under $7000 and never have chance for bitcoin come back with price above, Looking chart bitcoin zone keep stable right now and one month later under $7000. Many speculation with bitcoin at new years with bitcoin halving have higher price and never have chance to be above $16000.

[fullhdpixel]

Price could be going up soon, I am not entirely sure when but there have been a lot of talking points about how bitcoin could go down to $6k and even some people who suggested $3k is in the play, if I learned anything from being in bitcoin that whenever people think bitcoin is strong and it will go up but before it goes up it will go down, that means people are unwilling to sell their coins since they think it will go up but they are not willing to buy neither because it will go down, so it stays stagnant until one day it moves a slight bit upwards which people take as a sign and they start buying all together and price goes up.

When you break a resistance point it is easier to go up, just to give an example when the price goes above $8.2k that means it is easier to reach $9.2k as well, it is easier to move from $8.2k to $9.2k then move $7.8k to $8.3k for example.

[sovie]

Point is there are too many people saying too many things about bitcoin price. I like the subject of this post that at least it's giving us some good hope. Let's hope Bitcoin recover to 9200$ or even more than that but seeing the current market trend its seems very difficult that bitcoin will be seeing 9200$ in coming recent days.

[gabbie2010]

I don't believe that the price of Bitcoin would hit $9200 lately the price had retraced or pullback rapidly to $7100 where I think a strong support held the price, although Xmas celebrations is around the corner there is tendacy that a lot of hodlers would make withdrawal for the celebrations invariably pushing down the price thus reaching the speculated  price mark unachievable.

[fabiorem]

Still pointing to $3500.

[superving]

Lets see who will prevail before the end of year if bulls or the bears.  If the market  will end this year in bullish mode  bitcoin will have a price by next year. But if bears end this 2019 opposite will happens, just a wild guess.

[Zackgeno96]

Lets see who will prevail before the end of year if bulls or the bears.  If the market  will end this year in bullish mode  bitcoin will have a price by next year. But if bears end this 2019 opposite will happens, just a wild guess.

The price is already going downwards as it is at about $7100 whereas it was higher than this a few weeks back, so I think price is going to fall more and then it will start climbing once the bitcoin block reward halving is near the next year. But until then I don't think there can be a bullish cycle at all.

[Divinespark]

Bitcoin is currently showing signs of collapse in the short term. If the support level of 7000$ is broken, the price of BTC will certainly go down to 5800-6000$. But in the long run until April 2020, I think BTC will go up again because of the halving event. Price of BTC if pumped will surely surpass 10,000$

[cryptoangel]

Bitcoin is currently showing signs of collapse in the short term. If the support level of 7000$ is broken, the price of BTC will certainly go down to 5800-6000$. But in the long run until April 2020, I think BTC will go up again because of the halving event. Price of BTC if pumped will surely surpass 10,000$

Bitcoin is a highly volatile cryptocurrency so it will go down peoples are waiting to buy Bitcoin, because it will start rapid hype automatically many investors are buying the Bitcoin. So April 2020 is not a big uptrend on crypto market, because many peoples are said January it will start to growing. I hope 2020 we are all see the unexpected hype on crypto market.

[Palider]

Bitcoin is currently showing signs of collapse in the short term. If the support level of 7000$ is broken, the price of BTC will certainly go down to 5800-6000$. But in the long run until April 2020, I think BTC will go up again because of the halving event. Price of BTC if pumped will surely surpass 10,000$

If the support of 7,100 dollars is broken, the price of bitcoins could continue to fall to 5,800 dollars and even further fall.
Right now we don't need to panic because there is also a tendency of slight price recovery. And let's look forward to next year as there are definitely a lot of fuds to go around.

[Wexlike]

Bitcoin is currently showing signs of collapse in the short term. If the support level of 7000$ is broken, the price of BTC will certainly go down to 5800-6000$. But in the long run until April 2020, I think BTC will go up again because of the halving event. Price of BTC if pumped will surely surpass 10,000$

If the support of 7,100 dollars is broken, the price of bitcoins could continue to fall to 5,800 dollars and even further fall.
Right now we don't need to panic because there is also a tendency of slight price recovery. And let's look forward to next year as there are definitely a lot of fuds to go around.

Nice glass ballon. So I assume you have your stop losses at 6999$ then ? And buying all way at 5800$ for a big profit ? Probably not ?

[Kelvinid]

Bitcoin is currently showing signs of collapse in the short term. If the support level of 7000$ is broken, the price of BTC will certainly go down to 5800-6000$. But in the long run until April 2020, I think BTC will go up again because of the halving event. Price of BTC if pumped will surely surpass 10,000$

If the support of 7,100 dollars is broken, the price of bitcoins could continue to fall to 5,800 dollars and even further fall.
Right now we don't need to panic because there is also a tendency of slight price recovery. And let's look forward to next year as there are definitely a lot of fuds to go around.

We can't expect that price may recover if people will set their buying price at the very low and some sellers may catch those prices cause they are already been caught by FOMO. If we would like to move Bitcoin price back high again, we just hold our BTC's right now and wait until the price will show recoveries.

[BitcoinHunt3r]

Bitcoin is currently showing signs of collapse in the short term. If the support level of 7000$ is broken, the price of BTC will certainly go down to 5800-6000$. But in the long run until April 2020, I think BTC will go up again because of the halving event. Price of BTC if pumped will surely surpass 10,000$

If the support of 7,100 dollars is broken, the price of bitcoins could continue to fall to 5,800 dollars and even further fall.
Right now we don't need to panic because there is also a tendency of slight price recovery. And let's look forward to next year as there are definitely a lot of fuds to go around.

We can't expect that price may recover if people will set their buying price at the very low and some sellers may catch those prices cause they are already been caught by FOMO. If we would like to move Bitcoin price back high again, we just hold our BTC's right now and wait until the price will show recoveries.

At least we do something that can help bitcoin price, and help our investment too. I think holding with patient is not a bad thing, when maybe other people say bad about bitcoin price, i think if we really believe, holding is our chance to get profit more than it and at least we're not suffer because regret when we sell it in hurry and then price back to be better in future.

[DevilSlayer]

Bitcoin is currently showing signs of collapse in the short term. If the support level of 7000$ is broken, the price of BTC will certainly go down to 5800-6000$. But in the long run until April 2020, I think BTC will go up again because of the halving event. Price of BTC if pumped will surely surpass 10,000$

If the support of 7,100 dollars is broken, the price of bitcoins could continue to fall to 5,800 dollars and even further fall.
Right now we don't need to panic because there is also a tendency of slight price recovery. And let's look forward to next year as there are definitely a lot of fuds to go around.

We can't expect that price may recover if people will set their buying price at the very low and some sellers may catch those prices cause they are already been caught by FOMO. If we would like to move Bitcoin price back high again, we just hold our BTC's right now and wait until the price will show recoveries.

At least we do something that can help bitcoin price, and help our investment too. I think holding with patient is not a bad thing, when maybe other people say bad about bitcoin price, i think if we really believe, holding is our chance to get profit more than it and at least we're not suffer because regret when we sell it in hurry and then price back to be better in future.

Being a patient person can sometimes lead you to huge losses. There are a lot of stories who hold their coins in a long time because they have a lot of patience and the result is negative. We should know when to hold or when to sell our bitcoins. I do not hold when the market is red because I'm aware that I will experience losses. I will only hold when the trend is green where the price is rising.

[okala]

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.

I have stopped refreshing coinmarketcap.com and I am waiting for major events before checking my portfolio again. The whales are just manipulating the market by pumping a little and dumped again. I am tired of watching the market up and down within a short period of time.