Post
Topic
Board Bitcoin Discussion
Re: You Think an $8000 Bitcoin Price Is Cool? Wait Until We Hit $12000 in January
by
SupersonicCrypto
on 21/11/2017, 21:06:26 UTC
The bitcoin price has broken $8,000 USD – yet another milestone. Now, the price could rise as high as $9,000 before the last round of profit taking occurs ahead of the big rally to $12,000 in early 2018.

Prices left behind a major Elliot Wave movement to arrive at the Gann´s Angle Theory trigger zone, which could launch a rally towards $9,000. Those actions contribute to the likelihood of an imminent rally to a higher bitcoin price.

In addition to having bullish mathematical indicators, the bitcoin price in the mid-term depends heavily on fundamental data. Short-term quotes crossed the Gann´s theory bearish angle to reach the trigger zone, which should launch a bull rally towards $9,000 in the nearby.

From there, sideways trading activity should confirm a new scenario in which the bitcoin price rises to $12,000 as the first technical objective for 2018. What do you think will happen to the bitcoin price?.

https://bitsonline.com/wait-bitcoin-price-12000/

Totally agree with the stats. Whether it actually happens or not is yet to be seen but heck yeah, why not. It has gained substantially since the August fiasco and the BCH attack.. The CME listing  can give it the push to fulfill your predictions.