Quote from: Vahnt on December 13, 2016, 02:12:27 AM

I think next major target is 950-1000 before seeing serious retrace. As to how quickly that comes, it's hard to say.

It could take months, or mere weeks. When BTC wants to rip, it rips.

Uh, no. Next major target is still $800 at this point. After that the target won't be reaching $900, but settling above the $800 level which on itself is already a more than difficult target as nothing comes easy with Bitcoin. $800 could be broken this year, but to see a price anywhere near the $900 level, we must wait for 2017. And yes, that might take months as there is still a significant correction that experienced traders are waiting for. After that, the price will be able to rush up further. As long as this correction has not shown up yet, we shouldn't expect much from the price.