Alright so we blasted through the big goal of $10,000, went up to ~$11,500, and then experienced a correction and now it's hanging around 9500 - 10750 basically.
We've got a month left in the year. How high do you think we'll go?
I think we'll be somewhere in the $13k-$15k range come new years. Rising a thousand dollars isn't a big deal anymore now that it has crossed $10k, so next real barrier is maybe $15k and definitely $20k. Hitting $13k-15k by new years should put BTC on track to hit $20k in the first quarter of the year, which in turns sets up a good possibility of hitting $50k next year.
Not a bad prediction at all.
I think we may actually see another burst in price. Since it's holiday season i think it'll be interesting to see whether or not people give bitcoin to each other as Christmas and New year gifts and therefore inspire more people to invest in BTC. If this is true, then we can definitely see some sparks of brilliance from bitcoin price again.
This momentum alone should be able to push us over the $15k resistance, though, expect some dips. Don't panic, rather grab the opportunity and if a dip does occur, buy it as hard as you can.