Can bitcoin touch 9k USD next month?

[michellee]

We already saw $9000 for bitcoin price, and although the price increase and decrease, it will go to the high price. We will see the fluctuating of the bitcoin price, and it's normal because we can use that chance to make a profit. Bitcoin price will increase step by step, and we can hope that the price will not take too long to break $10k, and we hope that it will happen this month or the next month. But we need to be careful because the price will not always increase, and if we see the decrease in the price, we should use that to buy more bitcoin.

[gweedo]

See bitcoin has touched the price of $9130 in mid-January means that the current movement of bitcoin is good though slowly but it will definitely continue to rise, next month we will target bitcoin to the price of $10000 whether it will happen in February?
Bullish has arrived and bitcoin is really growing well earlier this year I hope it will be bullish for this year and last a long time.

IMO, this is like a normal movement of Bitcoin when closely approaching the halving. There seems like a gradual rise of the price months before the halving takes effect and will continue to rise up until the year after.
What's interesting is that, Bitcoin tends to make new ATH base on the outcome from the past two halving in 2012 and 2016. I'm not just so sure this time, but definitely not a thing to miss about.

These are positive signals for Bitcoin during this halving, the price has been steadily rising since we passed through 2020 and is closer to the halving event. And I also believe that this year bitcoin will break down the ATH, which could happen before or after halving. And I agree with you, this is definitely something we should not miss this year

[MRrey]

Today bitcoin raise $9,200 and your expectation with bitcoin touch $9,000 have done and I think bitcoin will going on with higher price until $10,000 and most expectation with bitcoin can back above $16,000. Many good timing with bitcoin back with higher price during bitcoin halving become solution how to make bitcoin back to higher price.

[kapalmabur]

See bitcoin has touched the price of $9130 in mid-January means that the current movement of bitcoin is good though slowly but it will definitely continue to rise, next month we will target bitcoin to the price of $10000 whether it will happen in February?
Bullish has arrived and bitcoin is really growing well earlier this year I hope it will be bullish for this year and last a long time.

IMO, this is like a normal movement of Bitcoin when closely approaching the halving. There seems like a gradual rise of the price months before the halving takes effect and will continue to rise up until the year after.
What's interesting is that, Bitcoin tends to make new ATH base on the outcome from the past two halving in 2012 and 2016. I'm not just so sure this time, but definitely not a thing to miss about.

These are positive signals for Bitcoin during this halving, the price has been steadily rising since we passed through 2020 and is closer to the halving event. And I also believe that this year bitcoin will break down the ATH, which could happen before or after halving. And I agree with you, this is definitely something we should not miss this year

going to All Time High again for Bitcoin seems to be taking place after halving, that's in my opinion, because for the moment the positive signal hasn't happened much

[3la9l_kolbaCa]

We already saw $9000 for bitcoin price, and although the price increase and decrease, it will go to the high price. We will see the fluctuating of the bitcoin price, and it's normal because we can use that chance to make a profit. Bitcoin price will increase step by step, and we can hope that the price will not take too long to break $10k, and we hope that it will happen this month or the next month. But we need to be careful because the price will not always increase, and if we see the decrease in the price, we should use that to buy more bitcoin.

Yes I also seen the price pumping incredibly today, and this is very amazing news that triggers more adoption from different races who wants to hold bitcoin as an asset. Breaking $10k is always struggling, just like what happened last year there's an attempt but suddenly crashed down unexpectedly. I think it's going to happen in the same pattern this year, so it's not easy to get into that price.

[d3nz]

It already touches $9,000+ and i think that it could rise up more up to the value between the range of $9,800 - $10,500 and this is my prediction since a lot of hype is going on after this uptrend of the value of BTC.

And i think that this is the beginning of the pump of value again on BTC and maybe in a couple of months we can see it more than we are expecting.

[The Sceptical Chymist]

Well, I figured hitting $9k could happen sooner than next month when I posted a few days ago in this thread, and bitcoin did hit that price last night as others have pointed out.  But boy, it sure didn't stay very long above $9k--the price is at $8608 right now, so it's obvious that traders who made a quick buck already cashed out.

This is the main problem when bitcoin quickly spikes, i.e., that those kinds of gains aren't sustainable.  I would have thought that a minor pop like what we just saw would be, but obviously not, and that's why I'm hoping the halving doesn't create a bubble situation or that one doesn't get created regardless of what the reaction to the halving is.

[msarro]

Congratulations you don't have to wait next month to see Bitcoin 9k$ price. In the morning it was 9100$ and all of sudden while I was having my evening tea I saw a downword slide of approx 500$. Now Bitcoin is at 8600$. You cant ever predict this currency with accuracy.

[bitcoindusts]

Congratulations you don't have to wait next month to see Bitcoin 9k$ price. In the morning it was 9100$ and all of sudden while I was having my evening tea I saw a downword slide of approx 500$. Now Bitcoin is at 8600$. You cant ever predict this currency with accuracy.

Well as we observed it is short lived after hitting $9k.  It hits $9k yesterday and revisted it again today, then after that  sellers become to dump Bitcoin pushing it downward to $8600, do you think price will go below $8k, I read some negative view about Bitcoin revisiting $6k after this rally to $9k.  Is it even possible while Bitcoin sentiment is bullish?

[sujonali1819]

The price of bitcoin is now around $8636.53 . And it already backed after touching 9200$. If we follow the last few weeks of bitcoin movement we can see that from $6000 it comes to $9000 very quickly. So this was a quick spike of bitcoin now it is time to make some correction. we can see another 100-200$ fall before start run again to ahead. But I think it will not take more time to come back. we can see another 9000$ in this month IMO.

[msarro]

Congratulations you don't have to wait next month to see Bitcoin 9k$ price. In the morning it was 9100$ and all of sudden while I was having my evening tea I saw a downword slide of approx 500$. Now Bitcoin is at 8600$. You cant ever predict this currency with accuracy.

Well as we observed it is short lived after hitting $9k.  It hits $9k yesterday and revisted it again today, then after that  sellers become to dump Bitcoin pushing it downward to $8600, do you think price will go below $8k, I read some negative view about Bitcoin revisiting $6k after this rally to $9k.  Is it even possible while Bitcoin sentiment is bullish?

nothing can be said with certainty about bitcoin. It may go down to 5k$ or may go up and touch 9k$ tomorrow. All we need is keep buying bitcoin at dip and sell them at high. Dont greed just sell at your target price else you will be always cursing the market.

[TinaK]

It's already over in this year Bitcoin has reached 9k US dollar in the price chart so if you want to discuss more about the US dollar value it might be senseless based upon the opening date of this thread.
Simply we can categorise the value using the price chart if there is good adoption and positive news we can conclude that between is going in green way.

[coolcoinz]

Congratulations you don't have to wait next month to see Bitcoin 9k$ price. In the morning it was 9100$ and all of sudden while I was having my evening tea I saw a downword slide of approx 500$. Now Bitcoin is at 8600$. You cant ever predict this currency with accuracy.

Well as we observed it is short lived after hitting $9k.  It hits $9k yesterday and revisted it again today, then after that  sellers become to dump Bitcoin pushing it downward to $8600, do you think price will go below $8k, I read some negative view about Bitcoin revisiting $6k after this rally to $9k.  Is it even possible while Bitcoin sentiment is bullish?

It kept establishing higher highs so it wasn't a rejection dump. It hit 9k then backed a bit and pumped again to 9180 which is great- each time higher high. Then it backtracked again as some people take profit, just like it did on 17.01 after breaking 9k for the first time. All organic. Then somebody dumped a big stash and it broke down. It looks like he was waiting to do it but hoped for 10k. When it didn't happen and looked like a retrace back to 8900 he sold everything. It did not look like a move by a trader but more like someone unloading and exiting. Some people held since Summer of 2019 and waited for something like this to finally take profit and exit the market. I also bought a few things with my coins went back above 8k for the first time since November.

[STT]

It can get to a common price like this because so many people watch that area.   Its the 200 day average but also we then repel vs that point with some selling both by speculators long and new shorts now looking for price movement downwards.
  From what I can see BTC remains bullish, its only pulled back so far to the weekly average which indicates its likely still within a positive phase.   If we lose this measure then it can reset to a lower price still.

[btc_angela]

It's already over in this year Bitcoin has reached 9k US dollar in the price chart so if you want to discuss more about the US dollar value it might be senseless based upon the opening date of this thread.
Simply we can categorise the value using the price chart if there is good adoption and positive news we can conclude that between is going in green way.

But after touching $9k, the price did go down a bit, I'm seeing $8600 today.

So yes, we have achieved the goal to reach $9k this month, however, it is not sustainable. We still have weeks though, to try and breach it for good. We have a minor pullback, just normal as people are talking profits and re-entering their positions.

[livingfree]

Just after few days posting this, I think there's no need for us to wait until next month. There's a possibility that bitcoin could touch $9,000 even before the end of January 2020.

The price today stands at $8,827 and just few hundred dollars away and we'll be touching that aim of yours. And we can also get to see $10,000 as soon as possible with the time frame that we are not expecting.

Maybe you missed something, the price reached 9050 $ a few days ago. You should update everything more carefully before making a statement. And by the end of January we will certainly see Bitcoin go up to 9000 $ again, and if bitcoin crosses this range then 10000 $ in February is certain.

Probably I did but today, I've seen bitcoin reached $9,100. 

But then again, normally when we see rise quickly for bitcoin's price there will be an opposite reaction and that will always be the correction. Bitcoin goes down to $8,600 again as of typing this and it must be the price support.

[Kemarit]

See bitcoin has touched the price of $9130 in mid-January means that the current movement of bitcoin is good though slowly but it will definitely continue to rise, next month we will target bitcoin to the price of $10000 whether it will happen in February?
Bullish has arrived and bitcoin is really growing well earlier this year I hope it will be bullish for this year and last a long time.

Yes, it was a long way, but it is very worth to wait to see the price finally touching $9000 and it's a good indication that the bulls are somewhat taking over the market. However, just like when we touch psychological barrier, it will follow but a price correction. -$500 now, but it is still good as we have seen the support level is very strong. $10000 possible at the end of the month? Let's see how it goes, FOMO will kick in if we touch $9000 again and then goes for the 5 digit mark once more.

[Fappanu]

At the moment the price of bitcoin is at 8,600 USD, it has reached 9,100 USD in recent days but it has quickly fallen again. Maybe it's because of the whales that keep bitcoin under control so we have to be careful because it might just be a bull trap. We do not know when the price of bitcoin will rise so we should be prepared and buy bitcoin only when prices fall.

[Fatunad]

At the moment the price of bitcoin is at 8,600 USD, it has reached 9,100 USD in recent days but it has quickly fallen again. Maybe it's because of the whales that keep bitcoin under control so we have to be careful because it might just be a bull trap. We do not know when the price of bitcoin will rise so we should be prepared and buy bitcoin only when prices fall.

No its not the whales who controls the price to drop again in $8,000 level but the traders and investors who sold their alts and btc when the price touches $9,100. It has been a normal scene in cryptocurrency if the price was down for quite a long time and then suddenly rise people is rushing to sell it in a good price.

[Shinpako09]

At the moment the price of bitcoin is at 8,600 USD, it has reached 9,100 USD in recent days but it has quickly fallen again. Maybe it's because of the whales that keep bitcoin under control so we have to be careful because it might just be a bull trap. We do not know when the price of bitcoin will rise so we should be prepared and buy bitcoin only when prices fall.

For me, it wasn't whales that keep btc under control. It seems you forgot about traders selling point. Movement like this is pretty normal and obviously not made by whales. It's expected for price to fall upon reaching a price point. If it was made by whales, the price reaction won't be like this but look the price is pretty fine after that fall and didn't even cause a panic or maybe that's just how I view the situation. They are pretty confident that we're still in good run despite of that fall.