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Author Topic: Bitcoin price in January 2020 will touch 10k, What do you think?  (Read 1674 times)
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January 02, 2020, 12:33:00 PM
 #61

As per several news and analysts ,
Bitcoin will touch 10k in the month of January.

It's possible to attain 10k this month, maybe higher than that as it's apparent this is the year of the next halving event. We should see people FOMOing in, the market may pick up pace towards the latter part of this month.

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January 02, 2020, 03:11:24 PM
 #62

As per several news and analysts ,
Bitcoin will touch 10k in the month of January.

Well, I think it is too sudden but who knows Crypto market is really unpredictable. Probably, after the halving Bitcoin and other cryptocurrencies will gradually regain and we will go back at bullish market however, it is still vague so better if we will still prepare for this. Much better if we will hoard more cheap yet really promising coins for us to get a high return as bullish market comes.
this year the potential for the cryptocurrency is quite large. we don't know when investors buy bitcoin in the market. it can make the price of bitcoin rise above $ 10k. I am one of those who believe that this month the price of bitcoin can reach that, and as you said, while waiting for that to happen, we better try to hoard large amounts of crypto.

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January 02, 2020, 03:14:08 PM
 #63

As per several news and analysts ,
Bitcoin will touch 10k in the month of January.


You should give a source, if only predictions anyone can say but it's valid and I also predict the same as you. let's see weeks 2 and 3 whether there is significant movement, because maybe this first week people still go on vacation from Christmas.

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January 02, 2020, 03:18:36 PM
 #64

I doubt we will reach that specific price this January, most probably it touches nearly $10k at around $9.5k to $9.8k for entire January. What makes me come to that idea was due to slow growing trend even though the last days of December. There's still no positive breakthrough, so let just be lean with our simple analysis just to come up a fair opinion.

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January 05, 2020, 01:16:54 AM
 #65

I don't think it will touch $10K in January which is pretty much starting tomorrow. However realstically I think somewhere in the first quarter we might see $9-$10K.

I periodically look at the Deribit options and looking at the OI and volume for March 2020 expiry,
https://www.deribit.com/main#/options?tab=BTC-27MAR20

You can see that the $8000 call options had alot of volume recently and the open interest is big at 1182BTC and the premium is way over $750.00. So whomever invested in these options is betting that it will be at least $8750 sometime before the end of Q1 2020.
That could be very interesting, if bitcoin reached that price then it will get very close to get out of the negative trend that we have been experiencing for the last months, however reaching that price is not going to be that easy, bitcoin is having a lot of problems just to try to reach and maintain 7500, and the bears will probably do everything in their power to stop the bulls from gaining momentum and in my opinion I think we will continue to see a market dominated by the bears for some time.
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January 05, 2020, 01:47:37 AM
 #66

Its a nice dream but if it gets 10k if its an unpredictable event.   We could have break up but I think it then builds over January before then making 10k in Feb possible.    A break from here leads us back to 8500 area which must have price prove itself vs resistance at that point.   Only after then we can break to 10k.
  The exception is an unexpected event like the Chinese chairman speech which led to a rapid switch of sentiment in BTC at that time, though it pulled back on the chart as the news appeared less bullish and in any case selling occured as it would now.

Its possible, some mention Chinese new year as a bullish lead up so I'd have to go on someone local to that area to estimate better.   I believe we have less volume during that New year as its a long holiday for China.

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January 05, 2020, 01:53:33 AM
 #67

I doubt we will reach that specific price this January, most probably it touches nearly $10k at around $9.5k to $9.8k for entire January. What makes me come to that idea was due to slow growing trend even though the last days of December. There's still no positive breakthrough, so let just be lean with our simple analysis just to come up a fair opinion.

Entirely possible. I expect a bullish run up until the halving, up to 16k, with a following rebound to 12k. Will bet big on this one.
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January 05, 2020, 02:53:39 AM
 #68

Many prediction about bitcoin in January will touch abobe $10k and we are getting today bitcoin look raise up although little, maybe next day bitcoin keep raise to higher price after different value between bitcoin global price and bitcoin in Iran, war between USA and Iran get chance for bitcoin price there raise to higher price above $25k and very different price from bitcoin global only have $7000.
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January 05, 2020, 04:47:41 AM
 #69

Many prediction about bitcoin in January will touch abobe $10k and we are getting today bitcoin look raise up although little, maybe next day bitcoin keep raise to higher price after different value between bitcoin global price and bitcoin in Iran, war between USA and Iran get chance for bitcoin price there raise to higher price above $25k and very different price from bitcoin global only have $7000.

Indeed, some even predicted that it will be higher than 10k year but we really don't know if it will really happen, we can see an increase in price little by little and who knows maybe it will eventually rise up to 10k in the next few months.
Everyone is expecting a better price for bitcoin this year and I just hope this year will really a very fruitful year in the crypto world.
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January 05, 2020, 05:07:03 AM
 #70

As per several news and analysts ,
Bitcoin will touch 10k in the month of January.


It is possible that Bitcoin can touch $10k this January the same weight it can go down below $6k.  What I am trying to say is that Bitcoin volatility had shown us that it cannot be predicted precisely.  Telling the trend  by reading only TA does not bring any solid proof that it will touch $10k because no one can predict the future.  So instead of using the word "will" it is best to use "may" because of the reason that it is not 100% true and will happen.
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January 05, 2020, 06:23:18 AM
 #71

I doubt we will reach that specific price this January, most probably it touches nearly $10k at around $9.5k to $9.8k for entire January. What makes me come to that idea was due to slow growing trend even though the last days of December. There's still no positive breakthrough, so let just be lean with our simple analysis just to come up a fair opinion.
most people are of the opinion that the current price of bitcoin can only reach $ 8k to $ 9k. seeing a fairly slow recovery, makes me predict that the price that can be achieved this month is around $ 8,300, but that is already a good achievement.
however, if bitcoin really reaches a price of $ 10k this month, it signifies that this month bitcoin really has enormous potential.

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January 05, 2020, 06:37:26 AM
 #72

As per several news and analysts ,
Bitcoin will touch 10k in the month of January.


We will see it in next week if there is change that will happen because of many controversies happening and I think the scenario will change and for sure everyone will go panic buying. a lot is happening already this month and the market begins to rise so the possibilty to reach $10k is higher or in the end of the month we will experience massive changes. so it is best to accumulate some now because we do not know how much it will cost in a few days.

Watch out for this SPACE!
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January 05, 2020, 06:47:45 AM
 #73

As per several news and analysts ,
Bitcoin will touch 10k in the month of January.

how i wish it will come true because i am in need of withdrawal before 1st week of February so this speculation is a big help if happens.

we have been seeing some growth since yesterday that bitcoin is now sitting at $7,500 from below $7k the other day.

if 10k$ reached?surely i will take out at least 1/4 of my bitcoin holding or if my alts grow also?then i may consider withdrawing alts instead of BTC.

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January 05, 2020, 07:47:34 AM
 #74

As per several news and analysts ,

Next time, please add a reference if "several" new outlets are covering this story, as it sounds like news worth paying attention to.
Otherwise it just sounds like hot air.
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January 05, 2020, 08:48:50 AM
 #75

Last time most Bitcoin analysts believe in bullish trend for 2020. They are sure that the crypto's price will grow. Bitcoin at $10,000 sounds more realistic than Bitcoin at $50,000 or $100,000. Let's be optimistic and hope that you are right.
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January 05, 2020, 11:22:46 AM
 #76

I really doubt that BTC will touch 10k in this month, it's not impossible but very hard
I don't know your source to say this but even with optimistic with the halving, the maket seens so slow and the prices are increasing in a very slow mode

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January 05, 2020, 11:41:14 AM
 #77

Many prediction about bitcoin in January will touch abobe $10k and we are getting today bitcoin look raise up although little, maybe next day bitcoin keep raise to higher price after different value between bitcoin global price and bitcoin in Iran, war between USA and Iran get chance for bitcoin price there raise to higher price above $25k and very different price from bitcoin global only have $7000.

Indeed, some even predicted that it will be higher than 10k year but we really don't know if it will really happen, we can see an increase in price little by little and who knows maybe it will eventually rise up to 10k in the next few months.
Everyone is expecting a better price for bitcoin this year and I just hope this year will really a very fruitful year in the crypto world.

This year there are indeed many hopes about crypto and this will be more beneficial for investors and other traders, because many predictions of bitcoin will soon rise to the desired level do you believe that in February bitcoin will increase by $ 10k?
To be honest I expect halving for a higher bitcoin increase because of looking at history before going up and greeting ATH.

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January 05, 2020, 02:01:46 PM
 #78

from all of your comments, looks like BTC will take 3-4 months to touch 10k
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January 06, 2020, 08:16:49 AM
 #79

I really hope so, I really do, I mean it is very vital for all of us that bitcoin price goes up not just because we will make some profits but also because we would get a lot of mainstream attention if we could go back to over $10k, even if not as much as the times when we were $20k but at least some more since whenever price makes a big move it makes some sort of noise in economy channels.

Leaving that aside the more people hear about bitcoin the more people will adopt bitcoin to their places and start accepting bitcoin as payment, the more people do that the more we can spend bitcoin somewhere instead of selling it, that means people would buy and not sell and price would go up that way as well. It is just way too important for bitcoin price to be on positive for millions of reasons and not just profiting.

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January 06, 2020, 11:49:56 AM
 #80

I don't believe any news will have a big effect on bitcoin, if indeed YES it could have been played by the news owner to benefit from the trust gained, I just need to analyze the charts for the price of bitcoin in 2020 it doesn't focus on any news that comes, Even though I can recognize whether it's drama or not, by the way, you can see the avatar I used, you will find an answer

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