Bitcoin price: $ 12,000 is no longer out of reach

[bounty.nvm]

In the past few hours, although the gaining momentum has temporarily halted at the threshold of 9,700 USD, recent signals that a breakout above 10,000 USD is quite likely to happen.

As cryptocurrency analyst Eric Hoka tweeted that “given some technical signals and the halving event of bitcoin is approaching, I believe bitcoin will soon retest the $ 10,000 mark this month, even $ 15,000. It must be hard when halving is near. ”

The price of bitcoin over the past 24 hours has ranged from a low of $ 9,714 to $ 9,872. Bitcoin's market capitalization is recorded at $ 176 billion, accounting for 64.3% of the total market value.

Do you think Bitcoin price can reach $ 12,000 this February?

[Gozie51]

The possible outcome is there with the steady growth so far from last month till now it has been strong signal. The $10,000 for instance can be tested this week or next and if that is broken, I see it hitting $12,000 with a spike maybe.

[The Sceptical Chymist]

Do you think Bitcoin price can reach $ 12,000 this February?

This month?  I guess it's possible, but we're going to have to see what kind of legs this bull has.  It doesn't seem like bitcoin is poised to explode as it has in the past, but the good thing is that it's been able to hold onto its gains without major dips--so far, that is.  Anything is possible, including a rise to $12k or a drop to $6k.

Then again, the halving is getting closer and I'm pretty sure that many speculators are anticipating a rise in advance of it or afterward, and those speculators might be driving up the price right now.  If they stay in the market, bitcoin should be on solid ground.  If they end up selling (especially all at once), we could be looking at a crash this year.  I've got my fingers crossed that we don't see massive selling like we did for most of 2018, but we'll see.

[andamarina]

Maybe is possible but i think we will have the price only under 11k usd and the grow will come later this year.

[Coinraptor]

I don't think 12K USD is possible for this month, 11K USD seems okay for February. Though I am not sure because the month just started, another 20 days are left, so, anything can happen. The way Bitcoin price increasing if 10K USD breakout happens then 11K USD will be done easily!

[Slow death]

As cryptocurrency analyst Eric Hoka tweeted that “given some technical signals and the halving event of bitcoin is approaching, I believe bitcoin will soon retest the $ 10,000 mark this month, even $ 15,000. It must be hard when halving is near. ”

I constantly see news channels related to bitcoin posting news based on an analyst's twitter, does this mean that news channels related to bitcoin keep monitoring each analyst's twitter accounts?

Do you think Bitcoin price can reach $ 12,000 this February?

it is not impossible. but do not not create great expectations because we are not yet above $10,000 and we should not forget the recent past ( price drop from $ 13000 to $ 6400 ) start from $11000 Is where everything gets much more difficult, it will not be so simple

[Coinraptor]

Maybe is possible but i think we will have the price only under 11k USD and the grow will come later this year.

Later this year? Mate, I respect your thoughts, but as the Bitcoin halving is coming, so we can expect even a bull run in this year. If you know what bull run is, then you will realize that halving can increase the Bitcoin's price to 15-20K USD easily!

[fortunecrypto]

In the past few hours, although the gaining momentum has temporarily halted at the threshold of 9,700 USD, recent signals that a breakout above 10,000 USD is quite likely to happen.

As cryptocurrency analyst Eric Hoka tweeted that “given some technical signals and the halving event of bitcoin is approaching, I believe bitcoin will soon retest the $ 10,000 mark this month, even $ 15,000. It must be hard when halving is near. ”

The price of bitcoin over the past 24 hours has ranged from a low of $ 9,714 to $ 9,872. Bitcoin's market capitalization is recorded at $ 176 billion, accounting for 64.3% of the total market value.

Do you think Bitcoin price can reach $ 12,000 this February?

Anything and everything is possible now, things are very much different from the last halving, we have as lot of great new coming it's very much different now than the last halving, because majority of the people now had a good and positive perception now on Cryptocurrency compare three years ago, when potential investors are having second thought.

[Tduty]

Anything is possible in crypto. Bitcoin halving hype is huge, because the impact of halving history quite amazing. Every time halving came, the crypto market pumped incredibly. So, with that hype I also believe that Bitcoin price may hit 12K USD within this month. Because we know Bitcoin price can grow 5-6K USD within 24 hours. So, let's see what happens.

[hugeblack]

Why do all expectations turn positive once we see green or break certain resistance levels? Everyone knows that the possibility of price hikes is possible, but this does not necessarily mean that the price will rise or continue to rise.

Many did not expect to get 10,000 again in February, and we are close to this barrier, but this does not mean that we raise the ceiling of ambitions to reach 12,000 dollars, especially as we know that the price was at the 7000 dollar barrier several days ago.

Breaking the $ 10,000 barrier may require more time.

[criza]

Do you think Bitcoin price can reach $ 12,000 this February?

It could be possible but, it would not be easy. Given a short amount of time for Bitcoin to adjust and maintain its new pump for about $9,922.56 today, for me, it would soon struggle on retaining its price for about a week or may take this month. But, if the pumping continues, maybe it would reach $12,000 market value.

There is a high chance for Bitcoin to reach it this month but, it might take a while. My best guess is, next month.

[Oasisman]

As cryptocurrency analyst Eric Hoka tweeted that “given some technical signals and the halving event of bitcoin is approaching, I believe bitcoin will soon retest the $ 10,000 mark this month, even $ 15,000. It must be hard when halving is near. ”

Judging on the previous halving, It doesn't seem like It's hard to reach that certain figure, though Bitcoin slowly increase while nearing the halving, because of the short pull backs.

Do you think Bitcoin price can reach $ 12,000 this February?

I believe It's not going to be easy either reaching that figure Bitcoin might go sideways at $10,000 level, but It's mostly likely and will bound to happen, not sure this month though since we already have 9 days passed since February and Bitcoin still trading at $9,000 level.

[Bezobraznike]

We will touch the level of $10k in a few more hours and with its current trend I believe its possible to see BTC on a level of $12k this February and yeah will test more heights. We just need bitcoin to slowly going up without major correction or else we will back from where we started, and hoping that halving event is the reason for the pump.

   If the price continues to rise like this $12k is around the corner! We can be there in the next couple days! I see people who talk about
correction that is waits for us after this rise. I don't know what to think about that, maybe correction is around the corner, maybe not,
I can't say anything about that, I am enjoying this beautiful ride and price over $10k again! Let's stay here as long as possible!

[Reatim]

The possible outcome is there with the steady growth so far from last month till now it has been strong signal. The $10,000 for instance can be tested this week or next and if that is broken, I see it hitting $12,000 with a spike maybe.

It was great having someone in the same opinion as me.
And I hope it will be able to reach $ 15K before Halving 1 week

Same opinion about reaching 15,000$ this april before May halving?if this is possible then we will be sure breaking the $20,000 price in 2017?

We will touch the level of $10k in a few more hours and with its current trend I believe its possible to see BTC on a level of $12k this February and yeah will test more heights. We just need bitcoin to slowly going up without major correction or else we will back from where we started, and hoping that halving event is the reason for the pump.

you got that right mate because this morning we already break the barricade of climbing the 5 digits value and as i am typing this we are at $10,100 price already seemingly keeping forward and may Reach 12k$ next week.
Can’t wait to experience another $14,000 again like what i did last year when i make a good profit .

[TeraBite]

If we look over the current price structure than it looking clear before end of current month Bitcoin will test the $12k level. There are so many good signs current rally will get more support as like it is moving forward because everything is turned into bullish and into favor of ongoing trend.

[bitbunnny]

Well, I have to say I'm a bit surprised that price crossed 10000$ relatively fast. I expected to see a little more struggle.
However, that doesn't mean price will jump to 12000$ so soon. It's very likely that we will see that price this year and probably even higher but don't forget that corrections are always possible. I wouldn't like to make conclusions right away, let's wait for a while to see how the situation in the market will develope.

[Juggy777]

In the past few hours, although the gaining momentum has temporarily halted at the threshold of 9,700 USD, recent signals that a breakout above 10,000 USD is quite likely to happen.

As cryptocurrency analyst Eric Hoka tweeted that “given some technical signals and the halving event of bitcoin is approaching, I believe bitcoin will soon retest the $ 10,000 mark this month, even $ 15,000. It must be hard when halving is near. ”

The price of bitcoin over the past 24 hours has ranged from a low of $ 9,714 to $ 9,872. Bitcoin's market capitalization is recorded at $ 176 billion, accounting for 64.3% of the total market value.

Do you think Bitcoin price can reach $ 12,000 this February?

@bounty.nvm bitcoin prices have crossed the $10k level, and now prices are constantly fluctuating between $10000 - $10200 levels. Furthermore to answer your question yes I do believe that bitcoin prices shall cross $12k by February end, however nothing is guaranteed when it comes to bitcoin prices so don’t rely on what you read here do your own research and then take a decision based on it.

https://www.bloomberg.com/news/articles/2020-02-09/bitcoin-breaches-10-000-to-reach-highest-level-since-october

[judaspriest]

now prices have touched more than $ 10k this is the highest price this year, maybe it could be even higher if Bitcoin is able to break the strong resistance at $ 13k, then we will see prices like 2017 

[BrewMaster]

Bitcoin price: $ 12,000 is no longer out of reach

$12k or any other much much higher price has never been out of reach. it was just the newbies on the internet specifically those on twitter that were thinking it is!

As cryptocurrency analyst Eric Hoka tweeted

exactly my point. you should stop following idiots who say random crap on the internet and start forming your own analysis. i assure you that the worse analysis of yourself is 10 times better than these guys'.

given some technical signals and the halving event of bitcoin is approaching, I believe bitcoin will soon retest the $ 10,000 mark this month, even $ 15,000.

this rise has little to do with halving, the halving rise is going to be a lot bigger than a tiny 5% rise.

[mahilchii]

Well, BTC continues to star again and joined 10k club of 2020. It's clear that we are in bullish trend now and I wish to continue the same in upcoming days too, as everyone already know that halving is a big advantage to pump again and I believe the value of BTC might pump atleast 100% so eventually the price will continue to increase.