BTC which price it's heading next?

[vendetta009]

on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next?  Huh Huh

[Hippocrypto]

on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next?  Huh Huh

I am hoping for higher price at the end of the year, at least $8k can remain stable for December. The recovery of btc price was too hard to increase although it was expected after long fall back, bounce also will follow. That wasn't a reality for now, because there's a lot of reasons why the current market still faced more struggles which was still very unpredictable.

[vendetta009]

I think stability may not be the concern right now. More of the concern is will Bitcoin continue to rise or drop. Like what you mention there are a lot of reasons given the market uncertainty and prices are unpredictable. i would like to see Bitcoin staying above 10k, maybe signalling a change in trend towards the upside, anything below that i'm still bearish

on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next?  Huh Huh

I am hoping for higher price at the end of the year, at least $8k can remain stable for December. The recovery of btc price was too hard to increase although it was expected after long fall back, bounce also will follow. That wasn't a reality for now, because there's a lot of reasons why the current market still faced more struggles which was still very unpredictable.

[Yaunfitda]

on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next?  Huh Huh

Well some thinks that we can end this year at the 5 digit figure, so unlikely to happened.

I guess the next price will be $8k, there are times that the price could suddenly spike and possible that it can go as high as $8k at the end of the year. Just be positive though, no need to be disappointed as this is how the market operates. We just hope for the best at the end of the year.

[vendetta009]

Yea let's hope it is best for end of the year, but i doubt $8k could happen at the end of the year with Christmas, boxing day, new year celebration around the corner, volume gonna be very low, very likely price is gonna consolidate. Anyway, we won't know until something really happen, let's wait and see.

on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next?  Huh Huh

Well some thinks that we can end this year at the 5 digit figure, so unlikely to happened.

I guess the next price will be $8k, there are times that the price could suddenly spike and possible that it can go as high as $8k at the end of the year. Just be positive though, no need to be disappointed as this is how the market operates. We just hope for the best at the end of the year.

[sunsilk]

We can easily tell a price which it could be heading. $8,000 - $9,000 - $10,000 these are the prices that we're longing to see and as long as we get out of $6k that would serve us as a good Christmas for this year.

Unlike last year, we're starting to see some higher prices this time and hoping for a nicer year by 2020.

Yea let's hope it is best for end of the year, but i doubt $8k could happen at the end of the year with Christmas, boxing day, new year celebration around the corner, volume gonna be very low, very likely price is gonna consolidate. Anyway, we won't know until something really happen, let's wait and see.

End of year is approaching and we couldn't expect more about it. Leave the rest to 2020 and let's hope that we shall get back to $10,000 again.

[Free1bitco.in]

if a positive increase occurs, I think the price of bitcoin can reach $ 7500 by the end of this year, and I think it will be a good price if we measure it from the beginning of 2020. It will have an effect on other altcoin prices. but that's still a positive estimate, and the worst thing is that the price of bitcoin returns to the level of $ 6k in the event of a dump due to the new year.

[CryptoBry]

on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next?  Huh Huh

I am hoping for higher price at the end of the year, at least $8k can remain stable for December. The recovery of btc price was too hard to increase although it was expected after long fall back, bounce also will follow. That wasn't a reality for now, because there's a lot of reasons why the current market still faced more struggles which was still very unpredictable.

I am really hoping that Bitcoin can be rallying towards the $8K level within this month or if that is not really possible at least in the first two weeks of January 2020. Bitcoin has been under the claws of the bears lately and this has been the opportunity for many to get into the bandwagon as we are preparing for the next rewards halving, though sadly the market is not really exciting for now which resulted into its erratic and eroding value. I am already looking forward that eventually the halving will be pulling us off, otherwise people can be disappointed big time.

[Oasisman]

I myself doesn't have certain idea where Bitcoin's price are heading. Looking at the historical data, It seems that the price isn't showing a good sign for a rise, though it's somehow stabilizing at this level. I guess the Bitcoin halving hype ain't working yet.
Hopefully next year we will see a good progress.

[vendetta009]

i'm not too sure if the halving event will benefit the price of BTC, from general point of view it mean the release of BTC block rewards into the circulating supply is getting lesser, supposedly if there is increasing demand than supply, that will benefit us in term of BTC price. However from miner point of view, it's lesser profit for them no including mining cost, electricity and high hashing power. high operating cost and low profit may act as a deterrence to miners to continue mining BTC, may result in the drop of price. in the end, it's not as clear cut as it seem, may work either way.

on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next?  Huh Huh

I am hoping for higher price at the end of the year, at least $8k can remain stable for December. The recovery of btc price was too hard to increase although it was expected after long fall back, bounce also will follow. That wasn't a reality for now, because there's a lot of reasons why the current market still faced more struggles which was still very unpredictable.

I am really hoping that Bitcoin can be rallying towards the $8K level within this month or if that is not really possible at least in the first two weeks of January 2020. Bitcoin has been under the claws of the bears lately and this has been the opportunity for many to get into the bandwagon as we are preparing for the next rewards halving, though sadly the market is not really exciting for now which resulted into its erratic and eroding value. I am already looking forward that eventually the halving will be pulling us off, otherwise people can be disappointed big time.

[bitvalak]

To be honest, prices are currently consolidating in the area of $ 7400- $ 6600. But there is a possibility that the rally will go up because there is a double bottom pattern formed.
There is still time until the end of this month to see the next movement. It could indeed be the end of this month is the determination of the lowest price to continue the trend in 2020.

[bassbity]

I think stability may not be the concern right now. More of the concern is will Bitcoin continue to rise or drop. Like what you mention there are a lot of reasons given the market uncertainty and prices are unpredictable. i would like to see Bitcoin staying above 10k, maybe signalling a change in trend towards the upside, anything below that i'm still bearish

This month bitcoin won't touch $ 10000, it's still too far in predictions, it can't reach there, but in the next week Bitcoin will be quite stable above 7000 and it will really last until the beginning of the first year, but I don't know whether this will miss or not clear that we expect only positive and it will open in the new year.

[piebeyb]

I often say this that the price will not be under $ 5,000, chances are people will see it saturated because the price will only play in the area of 7500 - 6500, it's boring but the price will be stable until early next year, so I can't speculate now for the next price, see Just at the beginning of next year, everything will really start where everyone and big traders after fasting without profit for 2 years, a big explosion is piling up behind us

[vendetta009]

I believe China play a big part in this, due to regulation and restrictions on cryptocurrency. However, if things get optimistic with China's regulatory body on this, we can see BTC soaring again hopefully

[andycarrol]

on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next?  Huh Huh

maybe prices will always stable in the range of 6500-7500 until the end of the year, especially before Christmas there may be a lot of needs so that the sell off occurs and make it back to 6500, or can even touch 6000? because I know that every Christmas there will be no upward movement.

[romero121]

Even after falling low to $7000, the price was being managed to stay high above $7000. This indicates the real growth of the market, and based on this kind of market variation I believe the growth will continue to move high than the present value and not low to it.

My belief, market will grow gradually close to the final days of the year providing at least a price of $8000 per bitcoin. Following this there will be marginal growth with the leading altcoins.

[danherbias07]

Back to 6,500 maybe.
Why? It is the season of spending. This month of December had been always the time where people will not care of how much they are spending as long as there is fun in it.

This could go back to normal little pumps after January maybe. 3rd to 4th week of it we might see them buying back.

[Wexnident]

BTC would probably just play around this area. the 6k - 8k range. Unless anything major occurs and by major I mean major. I'd believe this period to be the time for traders to accumulate BTC before the major halving of 2020. Major market changes would probably happen by February or March instead of this month or January, cause well, traders are also preparing for the changes halving may bring towards the current market. Changes may occur cause of the holiday seasons and a lot of people dropping off BTC to change to fiat, but shouldn't affect market price that much.

[michellee]

on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next?  Huh Huh

I think bitcoin price will heading to $7,300 first if there is a strong buying at the market so the price will be increased soon. But if in the next week, there are many people leave the market because of the holiday, then we will see the price will not move too high or even it will go down for a while until the next year. But we still have a chance to see the price will be back to the high price and I am sure that we will break more than $7,300.

[exstasie]

on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next?  Huh Huh

Estimated guess:

• 50% chance we go to the $8K area before pulling back into chop or downtrend.
• 30% chance we go to the $9K area and test the downtrend line from June.
• 20% chance the local high is already in and we're about to slow bleed again. Eyes on $5,400.