Topic: Analysis of the mid-term for Bitcoin price - page 2. (Read 312 times)
From all the predictions you made, to me #3 seams like most likely to happen, or at least something nearly the same. But I guess there are some factors which we can not predict, because we are not aware of them. And those factors could affect bitcoins recovery greatly. Lately a lot of news speak about regulations of crypto, when that starts it will have impact on crypto prices. But I guess this are just what and ifs, you said it well enough in your predictions.
I think lightning network blooming and being accepted for a mean of payment could spark a surge in bitcoin price. Another think that could help bitcoin price to rise is ofcorse etf listing. It would bring bitcoin closer to the general public
I wouldn't focus on the fundamentals (from a trading perspective). Bitcoin's fundamentals were strong heading into the 2014 bear market too. The bubble cycles are based almost entirely on emotion, and the post-bubble context means there's lots of bagholders who can pressure the price down.
The idea of an ETF for P2P digital currency just seems so ironic. Keep in mind what happened when CME futures launched too.
I think lightning network blooming and being accepted for a mean of payment could spark a surge in bitcoin price. Another think that could help bitcoin price to rise is ofcorse etf listing. It would bring bitcoin closer to the general public
1. Institutional investors start jumping on board bitcoin this year which creates a new hype phase and Bitcoin passes $20k this Fall and initiates a new bull run that takes place during the first six months of 2019.
institutional investors are observing the position of governments and central banks, with the hard measures being implemented against bitcoin It is causing investor fear and uncertainty. the big reasons why governments take tough measures against crypto is because the crypto are anonymous
Japanese Regulators Discussed Restricting Trade Of Privacy-Focused Altcoins, Report Says
and then we have many opinions of this kind:
Buying Bitcoin Is Not Investing, Claims ‘Oracle Of Omaha’ Warren Buffett
In Attempt To Regain Relevance, Ousted PayPal CEO Says Crypto Traders Are ‘Drinking the Kool-Aid’
so I do not believe that this year we will have big price increases, we can even reach $ 20,000 or even $ 25,000 at the end of the year, but it will be very difficult
I'm wondering what you all think are the most likely possibilities for Bitcoin's recovery until the next bull run, actually analyzing the possible situations not just predicting price.
These are what I think are the most likely outcomes in the mid-term:
1. Institutional investors start jumping on board bitcoin this year which creates a new hype phase and Bitcoin passes $20k this Fall and initiates a new bull run that takes place during the first six months of 2019. Bitcoin has come off the bottom of the market strongly, market sentiment has already shifted from negative to positive. The results of a survey with institutional investors that came out last week said plenty of them are going to start crypto trading in the next 6 months. If big boys start jumping in en masse in order to get in the game before the next boom that could be the beginning of the next boom which means it could start by the end of this year.
2. Similar to #1 but tax season has a strong downward effect on price from people not being ready for it and having to sell crypto to pay taxes in the first quarter of the year, meaning a bump happens in late 2018 but then the bull run stalls and doesn't really get going until Spring of 2019 and we have a Spring through Fall of 2019 bull run.
3. Big investors just dip their toes in starting this year but it's not enough to get a new hype phase going. The public isn't quite ready to go nuts for Bitcoin again after many of the people who jumped on board have a sour view after not getting in until the top of the 2017 bull run, and plenty of them sell once the price gets back to their buy-in price, meaning there is steady selling in the (thousands of) teens, dampening and making more gradual Bitcoin's rise back to $20k. Bitcoin very gradually gets back to $20k over the next year, only gaining on average $1000 or less per month, before starting the next boom, leading to a bull run at the same time as in #2.
4. The consolidation period is much longer, reminiscent of the last extremely long one after the Mt. Gox crash. The next boom doesn't occur until the next halving in 2020.
Those are the possible paths I see. I think #4 is least likely because Bitcoin is just too well known now and plenty of big investors will want to get in before the next boom and there hasn't been a MtGox-like event to create an extended crypto winter in which people just lost faith in it for a long time. I of course hope #1 happens because that is the quickest, but looking at long term charts it seems a little too fast a recovery. So I think #2 or #3 might be the most likely which gives Bitcoin a year to consolidate post-crash before it starts going nuts again in the spring/summer/fall of 2019.
thoughts?
These are what I think are the most likely outcomes in the mid-term:
1. Institutional investors start jumping on board bitcoin this year which creates a new hype phase and Bitcoin passes $20k this Fall and initiates a new bull run that takes place during the first six months of 2019. Bitcoin has come off the bottom of the market strongly, market sentiment has already shifted from negative to positive. The results of a survey with institutional investors that came out last week said plenty of them are going to start crypto trading in the next 6 months. If big boys start jumping in en masse in order to get in the game before the next boom that could be the beginning of the next boom which means it could start by the end of this year.
2. Similar to #1 but tax season has a strong downward effect on price from people not being ready for it and having to sell crypto to pay taxes in the first quarter of the year, meaning a bump happens in late 2018 but then the bull run stalls and doesn't really get going until Spring of 2019 and we have a Spring through Fall of 2019 bull run.
3. Big investors just dip their toes in starting this year but it's not enough to get a new hype phase going. The public isn't quite ready to go nuts for Bitcoin again after many of the people who jumped on board have a sour view after not getting in until the top of the 2017 bull run, and plenty of them sell once the price gets back to their buy-in price, meaning there is steady selling in the (thousands of) teens, dampening and making more gradual Bitcoin's rise back to $20k. Bitcoin very gradually gets back to $20k over the next year, only gaining on average $1000 or less per month, before starting the next boom, leading to a bull run at the same time as in #2.
4. The consolidation period is much longer, reminiscent of the last extremely long one after the Mt. Gox crash. The next boom doesn't occur until the next halving in 2020.
Those are the possible paths I see. I think #4 is least likely because Bitcoin is just too well known now and plenty of big investors will want to get in before the next boom and there hasn't been a MtGox-like event to create an extended crypto winter in which people just lost faith in it for a long time. I of course hope #1 happens because that is the quickest, but looking at long term charts it seems a little too fast a recovery. So I think #2 or #3 might be the most likely which gives Bitcoin a year to consolidate post-crash before it starts going nuts again in the spring/summer/fall of 2019.
thoughts?
Perfect speculation pick mate, but this is not first we are seeing the people opening the thread to speculate the mid year price expectation on bitcoin and altcoins. I hope this thread may used to spam their post.
Hope you(op) will not allow that happen in your thread.
Once you find the few analysis kind of reply from the high rank guys then lock the thread mate. Hope my reply would not hurted you.
Out of all those scenarios I believe #3 to be the most likeliest. However, I would like to add another scenario and label it #5.
#5 Institutional investors already have their bags filled and are looking to make a breakout move in the coming months. We bull run for alts until sometime in September and then it is Bitcoin's turn after that. End of the year we surpass 1 trillion market cap and Bitcoin will be above $30,000. No top 50 coin has less than 1 billion market capitalization.
#5 Institutional investors already have their bags filled and are looking to make a breakout move in the coming months. We bull run for alts until sometime in September and then it is Bitcoin's turn after that. End of the year we surpass 1 trillion market cap and Bitcoin will be above $30,000. No top 50 coin has less than 1 billion market capitalization.
I of course hope #1 happens because that is the quickest, but looking at long term charts it seems a little too fast a recovery.
I think it is the most probable outcome to happen soon because of the interest people and government shows. Recent news about bitcoin shows that people's growing interest to it leads to cryptocurrency master program in universities. In fact, Russia is interested to bitcoin which makes #1 achievable by 2019. It might happen sooner or later but that time will happen before next halving occurs.Some reference to what I have claimed above.
https://news.bitcoin.com/brazilian-university-launches-cryptocurrency-masters-programme/
https://www.newsbtc.com/2018/04/11/masters-degree-cryptofinance-launched-brazil/
https://www.nytimes.com/2018/04/29/technology/blockchain-iso-russian-spies.html
I'm wondering what you all think are the most likely possibilities for Bitcoin's recovery until the next bull run, actually analyzing the possible situations not just predicting price.
These are what I think are the most likely outcomes in the mid-term:
1. Institutional investors start jumping on board bitcoin this year which creates a new hype phase and Bitcoin passes $20k this Fall and initiates a new bull run that takes place during the first six months of 2019. Bitcoin has come off the bottom of the market strongly, market sentiment has already shifted from negative to positive. The results of a survey with institutional investors that came out last week said plenty of them are going to start crypto trading in the next 6 months. If big boys start jumping in en masse in order to get in the game before the next boom that could be the beginning of the next boom which means it could start by the end of this year.
2. Similar to #1 but tax season has a strong downward effect on price from people not being ready for it and having to sell crypto to pay taxes in the first quarter of the year, meaning a bump happens in late 2018 but then the bull run stalls and doesn't really get going until Spring of 2019 and we have a Spring through Fall of 2019 bull run.
3. Big investors just dip their toes in starting this year but it's not enough to get a new hype phase going. The public isn't quite ready to go nuts for Bitcoin again after many of the people who jumped on board have a sour view after not getting in until the top of the 2017 bull run, and plenty of them sell once the price gets back to their buy-in price, meaning there is steady selling in the (thousands of) teens, dampening and making more gradual Bitcoin's rise back to $20k. Bitcoin very gradually gets back to $20k over the next year, only gaining on average $1000 or less per month, before starting the next boom, leading to a bull run at the same time as in #2.
4. The consolidation period is much longer, reminiscent of the last extremely long one after the Mt. Gox crash. The next boom doesn't occur until the next halving in 2020.
Those are the possible paths I see. I think #4 is least likely because Bitcoin is just too well known now and plenty of big investors will want to get in before the next boom and there hasn't been a MtGox-like event to create an extended crypto winter in which people just lost faith in it for a long time. I of course hope #1 happens because that is the quickest, but looking at long term charts it seems a little too fast a recovery. So I think #2 or #3 might be the most likely which gives Bitcoin a year to consolidate post-crash before it starts going nuts again in the spring/summer/fall of 2019.
thoughts?
These are what I think are the most likely outcomes in the mid-term:
1. Institutional investors start jumping on board bitcoin this year which creates a new hype phase and Bitcoin passes $20k this Fall and initiates a new bull run that takes place during the first six months of 2019. Bitcoin has come off the bottom of the market strongly, market sentiment has already shifted from negative to positive. The results of a survey with institutional investors that came out last week said plenty of them are going to start crypto trading in the next 6 months. If big boys start jumping in en masse in order to get in the game before the next boom that could be the beginning of the next boom which means it could start by the end of this year.
2. Similar to #1 but tax season has a strong downward effect on price from people not being ready for it and having to sell crypto to pay taxes in the first quarter of the year, meaning a bump happens in late 2018 but then the bull run stalls and doesn't really get going until Spring of 2019 and we have a Spring through Fall of 2019 bull run.
3. Big investors just dip their toes in starting this year but it's not enough to get a new hype phase going. The public isn't quite ready to go nuts for Bitcoin again after many of the people who jumped on board have a sour view after not getting in until the top of the 2017 bull run, and plenty of them sell once the price gets back to their buy-in price, meaning there is steady selling in the (thousands of) teens, dampening and making more gradual Bitcoin's rise back to $20k. Bitcoin very gradually gets back to $20k over the next year, only gaining on average $1000 or less per month, before starting the next boom, leading to a bull run at the same time as in #2.
4. The consolidation period is much longer, reminiscent of the last extremely long one after the Mt. Gox crash. The next boom doesn't occur until the next halving in 2020.
Those are the possible paths I see. I think #4 is least likely because Bitcoin is just too well known now and plenty of big investors will want to get in before the next boom and there hasn't been a MtGox-like event to create an extended crypto winter in which people just lost faith in it for a long time. I of course hope #1 happens because that is the quickest, but looking at long term charts it seems a little too fast a recovery. So I think #2 or #3 might be the most likely which gives Bitcoin a year to consolidate post-crash before it starts going nuts again in the spring/summer/fall of 2019.
thoughts?
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