Topic: Bitcoin again $18000 mark in this year? Definitely may YES - page 2. (Read 706 times)

No.

Why would the price suddenly almost triple. We'll soon be coming out of the bear market but that doesn't mean its suddenly gonna jump straight into the next mania phase. Look at the last long crash-boom cycle from 2014 - 2017. That is a model to follow now. The previous cycles were short because it was a much smaller market. Now we are looking at cycles that next a few years (granted the last one was elongated due to Mt.Gox). The price of Bitcoin didn't suddenly jump from $200 to $600 in the summer of 2015 when the market was making its turnaround from bear to bull. It slowly turned around forming a long term cup shape. And that is what we are starting to see now, we are reaching the end of the downward cup shape, with the line of the cup now near the bottom and starting to go horizontal meaning the shift from bear to bull market will be happening this Fall most likely. But absent any groundbreaking news that also means we won't see any crazy fluctuations as the bull pressure slowly starts to outpace the bear pressure.

If anything the price will be more stable than normal the next few months as we complete this reversal from bear market to bull market, not having a crazy 3x jump to almost ATH all of a sudden.

By end of year I'd say look for the turnaround of the market, a clear sign of which will be if Bitcoin breaks significantly above $7400, which was the most recent of the lower highs of this bear market. Breaking that won't mean we are necessarily in the bull market, but it would be a clear indication that at the very least we are in the turnaround, keeping in a channel in the 6 and 7 thousands until the turnaround is complete and price starts going up again. At worst I'd expect this turnaround to take the rest of the year and we won't see the price start going up out of the 6-7 thousand range until beginning of next year. But its also possibly the turnaround only last a couple months and we could see a break into the 8000s by end of year, even perhaps hitting a temporary high over 9000 before year's end. But the key thing is the turnaround of the market is a slow process because it is when the pressures of the various interests even out and then turn back positive, which is slow and it should take months - we very well could be a few weeks into it already though!

Basically expect to perhaps see the first higher high (above $7500) of the year before the year is out. If we get a second higher high after a correction by early next year then that will be a clear sign we are back in the bull market and now just banging around the bottom of the market. Expect next year to be like 2016, long relatively slow "non-boom" like growth heading back up towards the ATH. It's possible we see Bitcoin break $20k by end of 2019. Then 2020 will likely be the next boom year like 2017, 2013, 2011, but more like 2017 than the others because now the cycles last longer and as we saw last year the boom can take much of the year (basically went from beginning of May to mid December).

$100k in 2020 could very well be possible, before the next crash. $20k in 2019 might happen. $8k by the end of this year might happen. Don't expect any crazy stuff to happen in the next few months, this is when forces are evening out and the price will probably be more stable than it will be for the next few years until the next bottoming out maybe 3 or 4 years from now.

There is a big difference between being positive and denying the reality that is just right in front of you, I also believe that we're going to see the price of 18000 at some point in the future, probably in a few years, but if you think the price is going to skyrocket again at the end of the year then you are going to be disappointed because it's not going to happen.

I believe that the price of $ 18,000 will be achieved but don't know when, I just believe and wait for the end of the year that prices will skyrocket again. think positively.

only $ 18k? that means lower than last year.
Currently the price of bitcoin is very difficult to reach $ 10k, bitcoin loses a lot of confidence from investors because of the bear market that lasted so long.
need a very strong push to reach $ 18k, but I'm not sure this will happen.

I think it is necessary to have such a decline in the price of Bitcoin, because if its price has been at a high level, the number of investors buying may be reduced, and now its price is more attractive!

I think that bitcoin will reach the goal of $ 18,000 at the end of the year or at the beginning of the next year after which it will update the historical maximum !

If your analysis is telling you that bitcoin can reach 18000 dollars before the end of this year then the only thing that I can say to you is that you should probably review your system of predictions, because it is very unlikely that we are going to see such a price before the end of the year, there is a chance that we could see it in 2019 but a safer choice will be 2020.

Don't believe either for the approval since government is not satisfy for the grounds on why they would accept it  as a asset.

I think that there is almost no chance that ETF will be approved.

To be honest,nobody knows the future price of bitcoin.All predictions are just guesses.Bitcoin price is more or stable and trading in a range from last few months and has not reacted much to positive or negative news. I don't think there are any positive indications of ETF from SEC as it already said it is too early to allow ETFs .I don't think btc  price will reach even $10k by the end of 2018

In the spirit of being practicable with the situation of things, not being pessimistic but its going to be hard to reach such high point before the end of the year reason being that the factors you have there, even if all of them turn out to be positive, it does not just by default send price to all time high. Its a  process and a gradual one that if the increase is on a sporadic rate, it also sends a message that caution needs to be exercised rather than rejoicing over the current happenings.

ETFs at this time should just not be an option to start to consider as the likely pish point for the increment that is expected because judging by past happenings, it would be unwise to start putting hope on that in which at the end its to get disappointed. If it will come, all good but no banking actions on it.

Other factors are also something to consider but really, nothing much should be expected. The only thing that is feasible enough to make some marginal push is the conscious effort to increase market activities.

If you sell somebody 1 satoshi for 1 dollar in a private transaction, that would mean a price of 10M dollars per bitcoin (if I didn't miss a few zeros). It should be obvious that such price is irrelevant for the market as we need prices across various exchanges to be in that range for some time, and with meaningful trading volumes at that.

Other than that, I fully agree with your point. Many people will be happy if prices come close to just 10k, not even speaking of breaking through that resistance level. The price range of 10-12k was solid support in February before the collapse which happened in March due to Mt.Gox trustee liquidating part of his stash, with many people buying piles of bitcoins around that price level. Today, this support has turned into the Bitcoin great wall, or rather ceiling, which will be hard to break if we ever come close to it at all.

What if you're talking about $ 18,000 for only a few days? yes such a thing possible.
There's even the possibility of $ 50,000.
but let's be realistic. and talk with our financial information.
2018 early to see the closing price and market volume.
if we look at the data we have, there is no upward movement.
should appear in the bottom of a wave supported by the bottom.
There is no such wave at the moment. Unfortunately...
short-term high figures do not mean anything.
we need our gradual and steady rise.
If we get $ 12,000, we should be happy. It's not wise to wait for more.

Stop relying on ETF buddy because cryptocurrency can stand without that damn approval since we have been failed for how many times about that trying’s so lete face the reality that market is in the right form now and this is where we should start


Perfect point on this one mate,we are being focused on that ETF that as if this will save us from nightmares but its wrong because were the one who’s responsible on our actions and money so don’t expect for high value market instead learn how to catch with this neutral prices

most likely the price will be far enough at a price of $ 18,000, but I'm sure the price of bitcoin will be around the price of $ 10000 by the end of this year. although difficult, I think bitcoin is able to reach that price.

That is very real. However, we need to wait for a reversal pattern first of all. Once I will see the new high of the previous one, I will start analysing the prise. So far we are going to about $5700.
Everyone sees the uptrend every day, however, we are still going down..

yes, but recovery can be fast with some strong positive news. hope day by day it will be increasing in tower

Same hope here. there have lots of positive thinks as well, lets see hows going with up coming days  and need to keep in eye with SEC and EFT as well

Agree with your point

From my thread in the speculation board hinting at a possible increase
for the last quarter of the year the general consensus is that there will
not be as big a rise as expected.

Here is the thread with sone very interesting points > https://bitcointalksearch.org/topic/is-the-hype-starting-5029875