April will be around 5000 - and then further down - page 5.

JMD07

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Quote from: freightjoe on April 01, 2018, 04:30:49 AM

If you look at the total developments - and not at the wild volatility from day to day:

December on average was around 15.000$ for BTC
Peak was in December where BTC was at 20000$
January was on average around 12.500$
February was around 10.000$
March was around 7.500$

It is not difficult at all to see where this is going......

Nice catch on that data...yeah it seems a valid analysis. For the past 3 months of continues bearish trends the average price will surely decrease but It's not a guarantee that this will continue for this month. No one can predict for the price because it will depends on the decision of the investors if they sell or buy.

samlaode

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Quote from: dbers79 on April 04, 2018, 02:06:32 AM

Quote from: freightjoe on April 01, 2018, 04:30:49 AM

If you look at the total developments - and not at the wild volatility from day to day:

December on average was around 15.000$ for BTC
Peak was in December where BTC was at 20000$
January was on average around 12.500$
February was around 10.000$
March was around 7.500$

It is not difficult at all to see where this is going......

No evidence here but I believe that price will stabilize at $10k by the end of this year. If it'll go below $5k, it's not a worry. Going back to $4k won't even be a worry at all if you are holding and just waiting for the price to bounce back. Bitcoin has not peaked yet.

It just does not care who has money available to invest, bank borrowers will be those who sit on the fire. But you are right about the future, nothing to worry about the upward trend of bitcoin.

mornabo

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Quote from: Kurokonobasuke on April 03, 2018, 05:09:44 PM

Quote from: freightjoe on April 01, 2018, 04:30:49 AM

If you look at the total developments - and not at the wild volatility from day to day:

December on average was around 15.000$ for BTC
Peak was in December where BTC was at 20000$
January was on average around 12.500$
February was around 10.000$
March was around 7.500$

It is not difficult at all to see where this is going......

Are you sure? At this moment, the market value is starting to show positive green marks which is a sign of recovery. Although we have no assurance that it will be continuous,still it is an increase that we can look forward until the end of this month. Just hold and wait. The continuous increase is expected at the third quarter of this year, to happen and that's what pushes the investors to invest still.

Don't panic it is just their speculation. I think it's natural that bitcoin prices continue to decline because bitcoin reaches a very fantastic value last year and then there is a correction. but from the correction it will form a bottom price of bitcoin and of course the price will be much stronger. if every month bitcoin price decreases. rest assured after the price stopped dropping. surely there will be a great pump. believe it!

shaheer001

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No one can predict such type of price graph as every one knows Bitcoin remained always in surges and get new record as it come back from the surge so hope this time same next increasing trend will see but no time prediction as Bitcoin is totally work on news and community supply and demand.

dbers79

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Quote from: freightjoe on April 01, 2018, 04:30:49 AM

If you look at the total developments - and not at the wild volatility from day to day:

December on average was around 15.000$ for BTC
Peak was in December where BTC was at 20000$
January was on average around 12.500$
February was around 10.000$
March was around 7.500$

It is not difficult at all to see where this is going......

No evidence here but I believe that price will stabilize at $10k by the end of this year. If it'll go below $5k, it's not a worry. Going back to $4k won't even be a worry at all if you are holding and just waiting for the price to bounce back. Bitcoin has not peaked yet.

mriansa

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your speculation will be easy on the edge if bitcoin has good news which means they in all countries receive payment using bitcoin and of course from good news like that price will be easy to ride. so it's best to just pray for good news from bitcoin.

Kurokonobasuke

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Quote from: freightjoe on April 01, 2018, 04:30:49 AM

If you look at the total developments - and not at the wild volatility from day to day:

December on average was around 15.000$ for BTC
Peak was in December where BTC was at 20000$
January was on average around 12.500$
February was around 10.000$
March was around 7.500$

It is not difficult at all to see where this is going......

Are you sure? At this moment, the market value is starting to show positive green marks which is a sign of recovery. Although we have no assurance that it will be continuous,still it is an increase that we can look forward until the end of this month. Just hold and wait. The continuous increase is expected at the third quarter of this year, to happen and that's what pushes the investors to invest still.

Slow death

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Quote from: freightjoe on April 01, 2018, 04:30:49 AM

It is not difficult at all to see where this is going......

It is not difficult? Grin

So you have a crystal ball and so you made that prediction:

" April will be around 5000 - and then further down "

you should be considered the greatest gurus of all time, I think the cointelegraph will be very happy to do a interview with you and who knows you can replace the guy that makes the predictions on cointelegraph based on the technical analysis.

being frank, you can not assume that because the past price was low then the future price will be very high, no one can predict the price accurately.

elloco4ever

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Quote from: imapessimist on April 03, 2018, 04:42:49 AM

I think things will become clearer at the end of the month. Maybe it is a strategy for whales to keep the price low enough to tempt more people in at low prices but not so low that people lose faith in Bitcoin completely. I am losing trust in the whole Bitcoin market for just now.

Even I lost the trust in the bitcoin due to the recent market crisis but I have been in this situation in the past so I can avoid panicking because at the end bitcoin will regain it's value.

easyrimka

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Quote from: uslfd on April 03, 2018, 04:33:00 AM

A huge amount of selling pressure as profit seeking capital is fleeing to the bond market.
So I agree we are likely to see lower price in April.

this will happen for sure, peoples are taking out their profits

chillitabit

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Quote from: freightjoe on April 01, 2018, 04:30:49 AM

If you look at the total developments - and not at the wild volatility from day to day:

December on average was around 15.000$ for BTC
Peak was in December where BTC was at 20000$
January was on average around 12.500$
February was around 10.000$
March was around 7.500$

It is not difficult at all to see where this is going......

this calculation is too simplified, if you go with this logic it will go to zero eventually not finding the bottom and once it starts rising it will never end mooning. doesn't make much sense

nidacoinlove

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Quote from: hatshepsut93 on April 01, 2018, 05:26:16 AM

Quote from: David Vo on April 01, 2018, 04:34:54 AM

I do not think so, prices are so low and April bitcoin will increase more, continue to fall is difficult, see the upcoming market

Bitcoin had a rally that lasted for almost 2 years, now the tide have turned so it's very unlikely that the new bull run will start anytime soon. This is not a FUD, that's just how markets work. So, it will continue to slowly decline, maybe a lot (to 3-4k), maybe not much (5-6k), but it will take some time, at least a few months but I won't be suprised if it will last longer. But I don't think there's any problems for us hodlers, we can wait for as long as it takes until we reach the moon.

The previous two years were too great for the people who didn’t sell and HODL their coins till the end of the year 2017. Especially 2017 was tremendous as we saw a great run and heard people saying BTC price went over the moon. Honestly speaking it was the strength of BTC for the time, it looks more as a tool to accumulate the wealth from the people because many people sell in panic. Like its past history it will rise with more power and many more people will be victimize.
The only people who will get benefit from it in the next rise of price will be those who will wait to buy in a price around 4-5K and who are willing to hold for a minimum of next two years.

imapessimist

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I think things will become clearer at the end of the month. Maybe it is a strategy for whales to keep the price low enough to tempt more people in at low prices but not so low that people lose faith in Bitcoin completely. I am losing trust in the whole Bitcoin market for just now.

uslfd

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A huge amount of selling pressure as profit seeking capital is fleeing to the bond market.
So I agree we are likely to see lower price in April.

BitcoinNewbie15

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Bitcoin isn't a bubble. It's the pin!

Quote from: freightjoe on April 01, 2018, 04:30:49 AM

If you look at the total developments - and not at the wild volatility from day to day:

December on average was around 15.000$ for BTC
Peak was in December where BTC was at 20000$
January was on average around 12.500$
February was around 10.000$
March was around 7.500$

It is not difficult at all to see where this is going......

It will find a bottom if it hasn't already. Just because it is falling currently, doesn't mean it will continue to do so. It will reach a point where people will not be willing to sell their Bitcoin for that low.

EdenHazard

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Quote from: Canis Majoris on April 02, 2018, 02:22:17 PM

Quote from: freightjoe on April 01, 2018, 04:30:49 AM

If you look at the total developments - and not at the wild volatility from day to day:

December on average was around 15.000$ for BTC
Peak was in December where BTC was at 20000$
January was on average around 12.500$
February was around 10.000$
March was around 7.500$

It is not difficult at all to see where this is going......

Past behavior is not an indicator of future performance.

You could just as easily have created a similar sequence in late December and then started to claim that Bitcoin was going to hit $30,000 in January - well, some people actually did exactly that. The price could fall something from today's levels but we already see a lot of support and resilience at current prices. And it is not just about demand building up, it is also about supply running dry because no one is going to sell at such low prices. It simply makes no sense.

true and even currently we are moving up steady. i won't use that kind analysis , just because of there is a pattern you can easily predict the future market will be at the same situation. the drop that happened in few weeks are because of the people fear about bitcoin existence , crypto existence could be in danger after a rumour (an ordinary rumours actually) says that there is no more crypto related advertisement in several big internet company, a mt gox case and many more at one time!

Canis Majoris

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Quote from: freightjoe on April 01, 2018, 04:30:49 AM

If you look at the total developments - and not at the wild volatility from day to day:

December on average was around 15.000$ for BTC
Peak was in December where BTC was at 20000$
January was on average around 12.500$
February was around 10.000$
March was around 7.500$

It is not difficult at all to see where this is going......

Past behavior is not an indicator of future performance.

You could just as easily have created a similar sequence in late December and then started to claim that Bitcoin was going to hit $30,000 in January - well, some people actually did exactly that. The price could fall something from today's levels but we already see a lot of support and resilience at current prices. And it is not just about demand building up, it is also about supply running dry because no one is going to sell at such low prices. It simply makes no sense.

followmenot

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I am pretty sure bitcoin won't ever drop below 5000 dollars anymore. Those low prices are past dreams haunting us. It was whole new underground technology back in time. Now its developing all the time..

Febo

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Quote from: freightjoe on April 01, 2018, 04:30:49 AM

If you look at the total developments - and not at the wild volatility from day to day:

December on average was around 15.000$ for BTC
Peak was in December where BTC was at 20000$
January was on average around 12.500$
February was around 10.000$
March was around 7.500$

It is not difficult at all to see where this is going......

Januar average looks more like $13k.
Februar average looks more like $9.5k
March average looks more like $8.5k

So correction is slowly slowing down. If we took this in consideration we could say the April average will be around $7.5k to $8k. That sounds quite optimistic to me at this point

But as you see an average is was different then a bottom. Bottom for April can easily be a $5000.

last7minutes

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Quote from: freightjoe on April 01, 2018, 04:30:49 AM

If you look at the total developments - and not at the wild volatility from day to day:

December on average was around 15.000$ for BTC
Peak was in December where BTC was at 20000$
January was on average around 12.500$
February was around 10.000$
March was around 7.500$

It is not difficult at all to see where this is going......

Probably you are mistaken (I hope so). As I see it, April must become the month, when the changes will come to the market, and they will be good I am sure.

Topic: April will be around 5000 - and then further down - page 5. (Read 1174 times)