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Author Topic: Is 12K USD is the next target?  (Read 922 times)
plvbob0070
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February 10, 2020, 09:36:53 AM
Last edit: February 10, 2020, 09:46:58 AM by plvbob0070
 #21

I feel bullish right now, Bitcoin price overcome the 10K USD zone after a long time! I predicted this two weeks ago that Bitcoin price will hit 10K USD at the end of January or at the first of February! Is Bitcoin price predictable now guys? So, what is the next target? 12K USD? Please share your opinions.
Actually, for me, the bullish market already started a few months ago and upon seeing the Coinmarketcap it seems the price of bitcoin step down again on the price of 9800$. Yesterday, the price of bitcoin is in the price of 10000$ but right now it's now down again and can we see the 12,000$ per bitcoin or we will wait again until we achieved the next target?. I'm happy yesterday because after a couple of days we see again the price of bitcoin reaching the 10,000$ but unfortunately, it only stays a day on that price. IMO, we should be kept on pushing the price to pump if we intend to reach that target. Bitcoin always remains unpredictable and right now we still on the way reaching again the 10,000$. Everybody can predict the price of bitcoin and I also agree with others that, it seems its only a coincidence that you predicted the price.
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February 10, 2020, 10:33:45 AM
 #22

I think the correction has started, bitcoin now trading at $9800 and it wasn't moving as we are expecting it to.
Unfortunately I have to say that bitcoin might drop further but it doesn't mean it will not recover, of course bitcoin always recovers even the time when we thought its already dead, once again we are still witnessing its price volatility, take advantage of it while you can.

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February 10, 2020, 10:34:25 AM
 #23

If you ask me, I'd say someone spoke too soon. And just when we thought we hit 10k USD, we dumped by 4% in less than 24 hours. And a momentum that has been building for weeks - comes to a probable halt? 12k seems likely or not. Just not sure anymore. Quite frankly I don't see it anytime soon.
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February 10, 2020, 04:14:32 PM
 #24

There has been corrections in bitcoin prices all through its history, we have been seeing that previously when we reached over 9 thousand as well and now we are seeing it when it reached over $10k too. What you should focus on during these falls is that if the price falls uncontrollably to a whole new level, as much as a 20%+ fall that means we are going a reverse and reached a bear run as a consequence, however if it falls just a tid bit, like how it was only a hundred dollars above $10k but now reached over $9.7k as a result, that is only a correction.

When a correction happens it usually means the reasons why bitcoin increased in price is still there but there are some amount of people who are willing to sell at this price and leave, after they left the reasons why bitcoin went up will be still there which will cause it to go back up once again.

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February 10, 2020, 07:34:33 PM
 #25

If you ask me, I'd say someone spoke too soon. And just when we thought we hit 10k USD, we dumped by 4% in less than 24 hours. And a momentum that has been building for weeks - comes to a probable halt? 12k seems likely or not. Just not sure anymore. Quite frankly I don't see it anytime soon.
everyone predicts bitcoin will be to $ 12,000. yes, this year is very different from last year, now people have realized not to dream too high,  Grin even if it does not go to $ 12,000 I hope you have a good trading strategy

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February 10, 2020, 08:27:15 PM
 #26

We've just now seen prices correct down below the $10k.

Short term for the rally to continue I think there needs to be confirmation that $10k will act as support, and then after that, the target should be $12k as you mention.

There was significant resistance there last time round so I do expect there to be several failed attempts before BTC finally breaches that level, but once it does, it could and probably will spark a lot of FOMO within the markets. If the high of last year could be broken then I think there is a good chance that we'll go ahead and test the ATH, but that will likely only eventuate after the halving.

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February 10, 2020, 09:25:50 PM
 #27

I entered the market in the first week of January with a certain amount of budget.
This is my H4 short time trading history, till now everything is going fine.
BTC H4 large correction already has been started most probably we will hit 12k after a short break.
If you are a smart guy do your own speculations, don't depends on other and don't follow anyone blindly.


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February 10, 2020, 10:31:23 PM
 #28

Absolutely yes, it is certain that bitcoin will keep going to the top. By the way, maybe China's crisis is the reason for this pump. Plus,  I predict that Bitcoin's price will touch $ 12K in March and I am pretty sure that this  rise will continue but slowly until  the halving event, but I would to ask  some questions.
Will China overcome this crisis soon? And what will happen next? Will Bitcoin return to the dip especially If China returns strongly?
Let's see what is going to happen. To be honest, the surpises are always occur.
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February 11, 2020, 12:13:06 AM
 #29

Well it is new target but maybe in March will happen or April.
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February 11, 2020, 01:35:00 AM
 #30

Well it is new target but maybe in March will happen or April.

In my opinion, if the level of $12k is to be reached before halving, it must happen as soon as possible. In March and April I expect the market situation to cool down and big declines. I don't think we'll see $5k again, but in my opinion $7k or even $6k is real. Of course I would like to be wrong, but this situation looks too optimistic for the real beginning of the new bull run.

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February 11, 2020, 01:49:09 AM
 #31

I feel bullish right now, Bitcoin price overcome the 10K USD zone after a long time! I predicted this two weeks ago that Bitcoin price will hit 10K USD at the end of January or at the first of February! Is Bitcoin price predictable now guys? So, what is the next target? 12K USD? Please share your opinions.
don't over expect always mate because look now,just days after the Breaking of $10,000 barricade yet?falling again yesterday?

this is what happens when we are feeling certain in bullishness when the market is still not stable .anyway i like to Wish hitting another High but like what i have said it sometimes made us feeling desperate and frustrated when we fall again just like what always happening in the past 3 years.

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February 11, 2020, 02:12:23 AM
 #32

Is Bitcoin price predictable now guys?
I dont think thats the case, you just made only a good guess for the price of bitcoin but it doesnt not mean every prediction would be accurate now.

So, what is the next target? 12K USD? Please share your opinions.
Currently there's a minor correction that happened, I think this is due to some investors who take advantage the price increase and already take profit. The $12k target wont be hard to achieve if the increase is consistent but as we can see its not. But still its a good scene to see an improvement in bitcoin price especially halving is approaching.

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February 11, 2020, 04:26:13 AM
 #33

Wait one week later your dreaming bitcoin reached above 12k$ is come true, don't worry today bitcoin looks down but its the the way how bitcoin to start going to higher price, you can ready for investing with bitcoin right now and wait one week to see bitcoin have been in higher price.
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February 11, 2020, 04:42:21 AM
 #34

I feel bullish right now, Bitcoin price overcome the 10K USD zone after a long time! I predicted this two weeks ago that Bitcoin price will hit 10K USD at the end of January or at the first of February! Is Bitcoin price predictable now guys? So, what is the next target? 12K USD? Please share your opinions.
Predictable? everyone can predict and give their thoughts about the next possible move but it has always been unpredictable. Next target is $12,000? it might surprise us again with a surge and will eventually surpass $11,000.

But with that price aim, get first the closest price which is $10,500 - $11,000 and then think of the next target if it maintains the support with those price ranges.

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February 11, 2020, 05:43:25 AM
 #35

not enough 2 days, the price of bitcoin returned to the level of $ 9k. however, it is too soon to expect a $ 12k level. in fact, I had already guessed that the price of $ 10k would not be stable at first, because it is likely that many people were waiting for that level to sell their assets, especially for those who had bought at the level of $ 6k

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butcherme
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February 11, 2020, 07:00:50 AM
 #36

We are down to 9K USD again today I think we should just target the price to be more stable on 10K USD up.
It is much more better that way than expecting it to reach 12k USD and then the next day it would also stumble down again.
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February 11, 2020, 01:44:49 PM
 #37

We are down to 9K USD again today I think we should just target the price to be more stable on 10K USD up.
It is much more better that way than expecting it to reach 12k USD and then the next day it would also stumble down again.
A stable price would never give us profits. This isn't a centralized world where prices should remain stable. Most of the traders make profits by the high volatility nature by shorting and longing. This has been giving immense profits so I would never wish bitcoins to remain stable for few days.

The price is already downgrading which might also end up on $9600 which would be the exact entry point for me which would than rally up bitcoins to the next target. $12000 seems a next target and it is not really that challenging for bitcoins to reach that target. Crossing $10000 has made us think that there is nothing impossible for bitcoins and $12000 might even be reached within 1 day if we really had a hard pump.
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February 11, 2020, 04:08:17 PM
 #38

I feel bullish right now, Bitcoin price overcome the 10K USD zone after a long time! I predicted this two weeks ago that Bitcoin price will hit 10K USD at the end of January or at the first of February! Is Bitcoin price predictable now guys? So, what is the next target? 12K USD? Please share your opinions.
We all are expecting the bull runs now. The markets have showed us some growth which indicates that there would be some huge change in the price. Also, crossing $10k was not a small task as there was strong resistance on $10k which is now crosses so we could expect the bull runs to hit the price so hard that it might pump by $3000 to $5000 in a single day which would keep bitcoins over $14000 target.

Currently, I am expecting a dump considering the patterns and after this dump, bitcoins would gradually grow to a new target which would be ATH from the end of 2017. This indeed is a bullish sign and no doubt that by the end of February we would see bitcoins on a nice peak.

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February 11, 2020, 04:26:25 PM
 #39

We are down to 9K USD again today I think we should just target the price to be more stable on 10K USD up.
It is much more better that way than expecting it to reach 12k USD and then the next day it would also stumble down again.

Stable growth is always better than price jumps. The faster the price increases, the more rapid the corrections are later.
I also think that keeping the price around $10k would be better than a quick jump to $12k. An attempt to lower the price may occur at any time, and with such rapid changes, the decrease could be very large, which would be very bad at the moment.

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March 04, 2020, 11:44:23 PM
 #40

From the recent rise it is now currently correcting itself and hope that it will stay at this level.
We are far from $12k and only another pump will make it but eventually correct again to $10k
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