With a bear flag currently forming...most expect it to break to the downside ($5700-$5000). I think the market will defy expectations and break upward leading to a short squeeze and a massive run up in price...I’m thinking more like $8700.
hi @btc-dialog
I do not think the price will go up next month. The hype is still flattening. Only when the last short-term investors have really been washed out of the market will prices rise again. Only when there is real panic and despair, prices will rise significantly again.
$6000. We are in the mist of a draw down so hard to believe we can go any lower. Yet takes time for people to believe in the hype again so stable crypto prices through the month is my prediction. Thanks.
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I sincerely hope he recovers, I know that we are many who believe in Bitcoin so less than $ 5000 I do not see it possible. It will remain in the range of $ 6000 - $ 7000.
If we are only talking a month I think its going to keep sinking and we are likely to see it around the $5500 range, possibly lower. I believe the crypto market will start to recover late January mid Feb.
Dear @btc-dialog, i think in one month nothing will change from now, so the price will be still stay on this psicological level over 6000usd. As i wrote in my last week bounty post https://steemit.com/cryptocurrency/@intellihandling/this-is-really-like-interent-bubble-of-2000-s , the BTC is still the gold for crypto and when market is down, its dominance is over 50%. In my opinion BTC value should be 10000usd in order to be the exchange coin reference for all altcoins, but i think we will not see this value before december...
It will be depend on the supply and demand. If people buy more the price will go and If people sell more the price will go down. But we also need to think about the buyers who need bitcoin urgently. If they buy the price will go up. For my only opinion It will go up again because the investors will buy btc in low price. I think it will go up to $7000 because Dollar will also strong in this year.
With a bear flag currently forming...most expect it to break to the downside ($5700-$5000). I think the market will defy expectations and break upward leading to a short squeeze and a massive run up in price...I’m thinking more like $8700.
hi @btc-dialog
I do not think the price will go up next month. The hype is still flattening. Only when the last short-term investors have really been washed out of the market will prices rise again. Only when there is real panic and despair, prices will rise significantly again.
I think 10k$
Because Bitcoins whole history is UP and DOWN.
And in a month I think it's going to go up to 10k$
then back to 6k$
Then 15k$
Then 8k$
But it's just my guess, and there is no way to be certain of what is going to happen.
$6000. We are in the mist of a draw down so hard to believe we can go any lower. Yet takes time for people to believe in the hype again so stable crypto prices through the month is my prediction. Thanks.
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I sincerely hope he recovers, I know that we are many who believe in Bitcoin so less than $ 5000 I do not see it possible. It will remain in the range of $ 6000 - $ 7000.
If we are only talking a month I think its going to keep sinking and we are likely to see it around the $5500 range, possibly lower. I believe the crypto market will start to recover late January mid Feb.
Dear @btc-dialog, i think in one month nothing will change from now, so the price will be still stay on this psicological level over 6000usd. As i wrote in my last week bounty post https://steemit.com/cryptocurrency/@intellihandling/this-is-really-like-interent-bubble-of-2000-s , the BTC is still the gold for crypto and when market is down, its dominance is over 50%. In my opinion BTC value should be 10000usd in order to be the exchange coin reference for all altcoins, but i think we will not see this value before december...
It will be depend on the supply and demand. If people buy more the price will go and If people sell more the price will go down. But we also need to think about the buyers who need bitcoin urgently. If they buy the price will go up. For my only opinion It will go up again because the investors will buy btc in low price. I think it will go up to $7000 because Dollar will also strong in this year.