Is 12K USD is the next target?

[Yamifoud]

It' is almost a month since the thread was created but we aren't still surging even surpassing at $11k. Though we positively think that $12k is quite possible for each reach but still we don't know when it comes. Halving has to come closer but the market isn't showing a strong market resistance that could help to rally the market instead, we've been stabilized at $8k to $9k. This is not actually we have been expected to happen but this is too early to think that we failed again. And I believe that the next sem will be better.

[Finestream]

It' is almost a month since the thread was created but we aren't still surging even surpassing at $11k.

We won't because the market dump, we are only close to $10500 this year so far, that's the highest but the market seems to be hit by a big dump.
and this could be the reason - https://bitcoinist.com/plustoken-scammers-move-stolen-bitcoin-again-dump-inbound/

Now bitcoin trading below $8000 which is unexpected, but then things happen, we can't close our eyes on possibilities, let's just accept this and let's move one while waiting for a good bounce back.

[TheAndy500]

It' is almost a month since the thread was created but we aren't still surging even surpassing at $11k. Though we positively think that $12k is quite possible for each reach but still we don't know when it comes. Halving has to come closer but the market isn't showing a strong market resistance that could help to rally the market instead, we've been stabilized at $8k to $9k. This is not actually we have been expected to happen but this is too early to think that we failed again. And I believe that the next sem will be better.

Because the thread was established at the moment of momentary euphoria. When the price rises for a few days or weeks, many people (usually new speculators) don't even think about the price can start falling. Unfortunately, it is never the case that the price will always only rise. At the moment we are in a trend of very strong price drops and I think that the price will continue to go down. It is possible that by the end of March we will see even $5k.

[OrangeII]

It' is almost a month since the thread was created but we aren't still surging even surpassing at $11k. Though we positively think that $12k is quite possible for each reach but still we don't know when it comes. Halving has to come closer but the market isn't showing a strong market resistance that could help to rally the market instead, we've been stabilized at $8k to $9k. This is not actually we have been expected to happen but this is too early to think that we failed again. And I believe that the next sem will be better.

worse, at the moment we are even stable at prices of $ 7k - $ 8k. However, thinking about the $ 12k price is likely to occur or be reached in the coming month, but I am a little doubtful whether the price will be reached after halving, or not. if the price is reached after halving, it will be a very good point, whereas if it happens after halving, I don't think halving will lift the price higher. but, I really hope the price of bitcoin can reach $ 12k before halving.

[Naida_BR]

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 are going to hit 12k soon.
But, before that we are going to reach a level of around 5k and then we are going to bounce back. In my opinion, 12k is going to be hit when halving will be around to happen so the price is going to start going higher.

[Fesatmas]

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 are going to hit 12k soon.
But, before that we are going to reach a level of around 5k and then we are going to bounce back. In my opinion, 12k is going to be hit when halving will be around to happen so the price is going to start going higher.

Maybe bitcoin will free fall to $ 5,000? even though I would not fight in such a way because the most falling bitcoin is about $ 7,000 but are we traveling for the next few days and until this bear market will continue to occur?
There is still a big chance for bitcoin to recover, with halving happening in the next 2 months.

[Natalim]

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 are going to hit 12k soon.
But, before that we are going to reach a level of around 5k and then we are going to bounce back. In my opinion, 12k is going to be hit when halving will be around to happen so the price is going to start going higher.

Maybe bitcoin will free fall to $ 5,000? even though I would not fight in such a way because the most falling bitcoin is about $ 7,000 but are we traveling for the next few days and until this bear market will continue to occur?
There is still a big chance for bitcoin to recover, with halving happening in the next 2 months.

You are right, it even fall below $5000 but it's trading at $5000 now, not too stable yet so we might see some big dump in the next few days as there's still no solution on the pandemic, people are still panicking, taking out their investment and converting it to fiat because they are buying their needs, and of course the fear on the global economic collapse.

[jhonjhon]

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 are going to hit 12k soon.
But, before that we are going to reach a level of around 5k and then we are going to bounce back. In my opinion, 12k is going to be hit when halving will be around to happen so the price is going to start going higher.

Maybe bitcoin will free fall to $ 5,000? even though I would not fight in such a way because the most falling bitcoin is about $ 7,000 but are we traveling for the next few days and until this bear market will continue to occur?
There is still a big chance for bitcoin to recover, with halving happening in the next 2 months.

You are right, it even fall below $5000 but it's trading at $5000 now, not too stable yet so we might see some big dump in the next few days as there's still no solution on the pandemic, people are still panicking, taking out their investment and converting it to fiat because they are buying their needs, and of course the fear on the global economic collapse.

Exactly, people are still panicking because of the continuous rice of COVID-19 victims and with that we can't expect the market to be stable even at $5000. We may still experience another drop in the coming days we just don't know when and how much it will drop. Let's just hope this crisis will be resolved soon and for bitcoin to recover as well.

[Twinkledoe]

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 are going to hit 12k soon.
But, before that we are going to reach a level of around 5k and then we are going to bounce back. In my opinion, 12k is going to be hit when halving will be around to happen so the price is going to start going higher.

Maybe bitcoin will free fall to $ 5,000? even though I would not fight in such a way because the most falling bitcoin is about $ 7,000 but are we traveling for the next few days and until this bear market will continue to occur?
There is still a big chance for bitcoin to recover, with halving happening in the next 2 months.

You are right, it even fall below $5000 but it's trading at $5000 now, not too stable yet so we might see some big dump in the next few days as there's still no solution on the pandemic, people are still panicking, taking out their investment and converting it to fiat because they are buying their needs, and of course the fear on the global economic collapse.

Exactly, people are still panicking because of the continuous rice of COVID-19 victims and with that we can't expect the market to be stable even at $5000. We may still experience another drop in the coming days we just don't know when and how much it will drop. Let's just hope this crisis will be resolved soon and for bitcoin to recover as well.

Honestly, I thought bitcoin will increase its price with this current crisis as supposedly people are going to crypto but it is the reverse that is happening right now. You can really never tell the direction when it comes to crypto market. Whales are rejoicing as they can buy bitcoin at a cheap price and later on, maybe only few days or weeks from now, bitcoin will recover again. Let's just hope that pharma industry will release soon their vaccine or cure for this virus. It is really alarming around the globe.

[TheAndy500]

It' is almost a month since the thread was created but we aren't still surging even surpassing at $11k. Though we positively think that $12k is quite possible for each reach but still we don't know when it comes. Halving has to come closer but the market isn't showing a strong market resistance that could help to rally the market instead, we've been stabilized at $8k to $9k. This is not actually we have been expected to happen but this is too early to think that we failed again. And I believe that the next sem will be better.

Because the thread was established at the moment of momentary euphoria. When the price rises for a few days or weeks, many people (usually new speculators) don't even think about the price can start falling. Unfortunately, it is never the case that the price will always only rise. At the moment we are in a trend of very strong price drops and I think that the price will continue to go down. It is possible that by the end of March we will see even $5k.

Well, my words came true faster than I could imagine myself. The cryptocurrency market is full of surprises. It seems that I have to correct my prediction because I expect the drops will continue until the end of March .. In that case, at the end of March I do not expect $5k anymore, but $3k.
This is not good information even for me, but unfortunately this is my opinion for the near future of Bitcoin price.

[hirngespenst]

The way Bitcoin price was growing, so, 12K USD was very possible and I was very optimistic that the Bitcoin price may hit 15K USD before the halving. Because I got the feeling that BTC price won't be high after the halving rather it will be before the halving! But coronavirus changed the whole world's scenario! Now, I don't think 12K USD is possible before the halving, but again Bitcoin won't stay at this dump zone, there will have a bounce-back very soon!

[hirngespenst]

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 are going to hit 12k soon.
But, before that we are going to reach a level of around 5k and then we are going to bounce back. In my opinion, 12k is going to be hit when halving will be around to happen so the price is going to start going higher.

Bitcoin price already came down under 4K USD, it was 3700 USD in the morning of before yesterday! So, we already hit the bottom, though I am seeing some strong possibility about more dump in BTC price, the 2800-3200$ zone is waiting! Without that down zone, I can't expect Bitcoin at 12K at this moment!

[Smitty Werben Man Jensen]

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 are going to hit 12k soon.
But, before that we are going to reach a level of around 5k and then we are going to bounce back. In my opinion, 12k is going to be hit when halving will be around to happen so the price is going to start going higher.

Bitcoin price already came down under 4K USD, it was 3700 USD in the morning of before yesterday! So, we already hit the bottom, though I am seeing some strong possibility about more dump in BTC price, the 2800-3200$ zone is waiting! Without that down zone, I can't expect Bitcoin at 12K at this moment!

don't focus on $ 12000, focus on the next resistance which is $ 6000- $ 6500. if the price of bitcoin is there and stays there we can see $ 10,000 and maybe we can focus on $ 12,000, hopefully everything can be read tomorrow. because the weekly candle will end tomorrow

[ScamViruS]

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.

I thought the price of bitcoin would go up considering the current world situation. But the price of Bitcoin has also been affected by the news of the Corona virus. The situation where Bitcoin is now is not good. I think Bitcoin could go for $10k before halving, but there's no clear idea here yet. The price may rise and may fall again. Now all traders are in confusion.

[michellee]

The way Bitcoin price was growing, so, 12K USD was very possible and I was very optimistic that the Bitcoin price may hit 15K USD before the halving. Because I got the feeling that BTC price won't be high after the halving rather it will be before the halving! But coronavirus changed the whole world's scenario! Now, I don't think 12K USD is possible before the halving, but again Bitcoin won't stay at this dump zone, there will have a bounce-back very soon!

We will see it later, but somehow, bitcoin price still at a very lower price right now because we saw a big dump that happened a few days ago. It seems, right now, the price still stays at a price now, and hard to see the increase of the price again in a short time. But we still have at least 2 months before halving so everything can happen later. Maybe $7,000-$10,000 will be the difficult barrier that bitcoin price needs to break before the price can increase to $12,000.

[OrangeII]

The way Bitcoin price was growing, so, 12K USD was very possible and I was very optimistic that the Bitcoin price may hit 15K USD before the halving. Because I got the feeling that BTC price won't be high after the halving rather it will be before the halving! But coronavirus changed the whole world's scenario! Now, I don't think 12K USD is possible before the halving, but again Bitcoin won't stay at this dump zone, there will have a bounce-back very soon!

good spirit. even after seeing such a big drop, you're still pretty sure it's priced at $ 12k. Well, I'm also pretty sure about that, but I don't think that achievement will go easily. in fact, so far, the price of bitcoin is quite far from the price of $ 10k. I honestly wait for the price of bitcoin to rise back to $ 6k, but it seems that the increase is quite difficult. Well, I hope this crisis will end soon. I honestly think that before halving, the price could reach $ 12k, but it seems now it is quite difficult to achieve.

[STT]

Exactly, people are still panicking because of the continuous rice of COVID-19 victims and with that we can't expect the market to be stable even at $5000. We may still experience another drop in the coming days we just don't know when and how much it will drop. Let's just hope this crisis will be resolved soon and for bitcoin to recover as well.

Markets tend to preceed the actual low of sentiment in the wider economy.   A typical market is in prediction of an effect or demand upon the base price.   Its possible for BTC or anything else to reach its lowest point before we see the worst of the news itself.   
   We are still in the region of the bottom relatively, I would just take it slowly as to how strong the recovery might be.  I think we revisit support to establish boundaries before any greater confidence returns.     So right now we are on the 2 day average, just very light guidance and we have not confirmed above that I would say we to see a challenge monday and so on until orders are met for those who which to sell still.



blue is 2 day

[ScamViruS]

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.

I thought the price of bitcoin would go up considering the current world situation. But the price of Bitcoin has also been affected by the news of the Corona virus. The situation where Bitcoin is now is not good. I think Bitcoin could go for $10k before halving, but there's no clear idea here yet. The price may rise and may fall again. Now all traders are in confusion.

Confusion makes people worries with how the market is moving. Without good knowledge in regards to this volatile conditions you'll see your investment to fly away. Bitcoin can bounce back or continue to fall in this coming days.
Assess and observe in order to create correct prediction before investing or continue your position.

There are many things that depend. With the panic created around the world, everything is now out of shape. Now the situation is truly out of control. We must wait to see the market change. When you are in confusion, it is best not to make any decisions. I'm hold my position, Let's see how bitcoin end this year.   

[Finestream]

There are many things that depend. With the panic created around the world, everything is now out of shape. Now the situation is truly out of control.

I think our government are doing their best to control the situation, true that there's still no cure for the covid-19 but the initiative they are imposing like the lock down, cancelling mass gathering is definitely the best way to prevent infection, and though this fully affect the market as people will not do their usual business but this minimize the problem in the future.

We must wait to see the market change. When you are in confusion, it is best not to make any decisions. I'm hold my position, Let's see how bitcoin end this year.   

That's the only thing to do now, waiting til this pandemic is over while we also need to be compliant with the government directives for our safety.

[fabiorem]

OP forgot to put a point in the price.

The next target is $1.2k, followed by three-digits and eventually zero. The bouncing up from there will be very slow and it will take 6 years to go back to $10k, and 800 years to reach ATH.

Also miner capitulation is coming. I read the cost of a single bitcoin is around $8k, so anyone who sold it, know that you sold below its real value. Miners will not be able to hold this for much longer. After mining capitulation, price will be cut in half, like happened in november 2018. So we will go from $5k to $2.5k, which will means straight to $1.2k due to leveraged positions in futures trading. From there, the way to zero will be open, through the three-digits area.



#thepriceoffreedom
#coronacircus2020