we are all not heading but waiting in front of our monitor staring at the charts, I know the price of bitcoin will not play below $ 6k anymore because there is full of buying support, so we are all currently just waiting, predicting, hoping, the price of bitcoin will continue to be stable like this if it continues to play in 7500 - 9500 until early 2020
everyone's hope right now is when the price of bitcoin is able to go above $ 10,500 at the end of this December, it will probably continue to rise higher, oh yes not every year the price of bitcoin rises
Current sentiment, price movement etc reminds me quite a bit same time last year, or more precisely November 2018. Obviously we know what happened soon after, although it seems almost too obvious, that it is going to repeat last year?
In numbers, that would be ~50% retracement from here, so somewhere ~<$5000, followed by halving fueled upward movement through 1H of 2020, slightly >4x growth, which would place us near ATH by June. Although halving events so far has seen significant correction before the actual event, so...?
I suppose i'll just hold (and add slightly perhaps), no idea really what the price does.
contrary to your thoughts I only look at the current chart, reminds me of the 2015 charts, where a year before halving in 2016 looks stable, right now we're also in before halving 2020 later, so I let them play with the current prices and do a lot of drama, it's cool if you still want to add a little supply
Aren't we headed towards getting a 10k (or maybe higher) shot again?
we are all not heading but waiting in front of our monitor staring at the charts, I know the price of bitcoin will not play below $ 6k anymore because there is full of buying support, so we are all currently just waiting, predicting, hoping, the price of bitcoin will continue to be stable like this if it continues to play in 7500 - 9500 until early 2020
everyone's hope right now is when the price of bitcoin is able to go above $ 10,500 at the end of this December, it will probably continue to rise higher, oh yes not every year the price of bitcoin rises
This is the price where everyone is hoping it will be at so near to the end of the year and usually with holidays where people are spending on friends and family it is the best time to be optimistic about the price reaching above $10,500.
It also helps with those people wanting to send money overseas across different countries to their families and having the cryptocurrency the least expensive and easiest way to do this also seems like the best time of year for it to reach its goal above and beyond where it lies as of now.
bitcoin always has a surprise at the end of the year and at the beginning of the year, if you don't see it at the end of this year at least look at the beginning of next year, if you see that surprise, I'm ready to accept merit from anyone