I can not find a clear reason, why bitcoin can rise again.
I just believe that bitcoin will rise, and the confidence is reinforced by the number of people who believe bitcoin will go back up.
Topic: Bitcoin can go to new highs or it has already peaked? (Read 465 times)
Bitcoin hasn’t peaked yet. I expect it to break the $20,000 mark before the end of the year. All indications point to another banner year for cryptocurrency.
I believe that bitcoin has not yet reached its maximum and it seems to me that the maximum will be insane and no one can even imagine what the result will be
Due to its volatility and since market price of any cryptocurrency has no limit as it go as high as possible as so as its dropping point then there will a possibility that it will surpass its last peak price.
I think bitcoin is currently in good condition to buy because it is at low price because when bitcoin price will go to moon then its price will more then $20000 because its already touch this price and bitcoin will create new price when in ti go to the high price,
As a bitcoin user I'm sure I'll be optimistic about price increases every year. Not all digital assets are always up, some even do not develop and some are dead. My reason for bitcoin will still go up is because the number is small and the demand is still a lot, then bitcoin will always be above than others. Now bitcoin also enlarges networks in different countries. So the probability is bitcoin will go up. I also can not predict when bitcoin price will be at the top.
If you looked at the previous charts, bitcoin peaks each year has increased. So its no wonder why many people would say its a bubble. Those that are against bitcoin for whatever reasons they may have, banks, governments, etc will do everything to bring bitcoin down. For many years, they did everything but still fail. Bitcoin will still recover. People who truly understands bitcoin will continue to support bitcoin.
I heard that bitcoin is a bubble that has begun to burst, but this is not the first time that annalists says that.
Bitcoin went from as high as almost $20K last December and then we see it dramatic fall to $6K. So yeah, its looks like it has been burst.
Imo the awareness about digital assets can always increase, and investors will come across.
Of course, crypto currency is fairly young. I don't know how many have known it or how many have investment on it. Probably around 1-5% of the total population. So there's still a lot of growth in the next coming years.
Wouldn't this be a reason for such affirmative from annalists be wrong? What are other reasons that make you believe that bitcoin will rise again?
Again, despite all this crackdown from government around the world, the number one reason that bitcoin could rise is that people think that is one of the best investment to grow your money in short amount of time. Plus it can be used to transfer money around the world with less cost and fast as compare to a traditional wire transfer.
Of course it can reach a new high,bitcoin still has many potential for the future.I believe that bitcoin will be more known to the people and investor will start increasing,with this bitcoin development will be more advanced.I hope that there will be no incident like hacked exchanger or such,so that bitcoin doesn't got the negative impact.
I think it will still reach an uncertain heights, the price went down because of some reasons like banning it to other countries, the media being negative to it and the panic sellers who just doubted bitcoin and loss their profit have some factors that affect the price. I believe the price will still go up you just have to wait for more years to come since bitcoin is just coming back to gain back its momentum. Also bitcoin is more capable of getting a spot in the future, maybe it will be our future currency.
You would get different opinions from everyone. While some people feel that peak has already been reached and we won't see it getting any higher from the level it had already reached last year (20k$), I feel that it can still reach up to 30k$ mark but not now and perhaps in a few years. It all boils down to the market that comes in the market and more the money comes, higher the price goes. Also, every time a big fish enters the market, it invests huge sum of money and price automatically goes up. So, given a circumstance where hundreds of big fishes have entered the market, we can see the price soaring sky high and everyone benefiting from it.
In the end, it's obvious that bitcoin is in a perpertual transition state of bubble and bear. When it goes up, it always rises insanely because of hype and market manipulation. Then when it goes down, it always crashes so hard because of panic.
It's always a dramatic change in price, and nothing slow or gradual.
It's always a dramatic change in price, and nothing slow or gradual.
The stock market and the dollar are also bubbles. But beyond the bitcoin is the future. This is the number one cryptocurrency. Therefore, you should not doubt it.
I don't know of btc will rised above its picked price, that is $19k last years. But i do believe that btc will overcome its peak price last year, i check the history it has always been like that, it has cycle and its only repiting it.
I believe Bitcoin will be more powerful. It is still unstable in nature. But we can not control it. I think it can definitely grow or peak at the end of this year. The Japanese government and Bitcoin have already decided to use. If they get success then other countries will not disagree to use it. I hope Bitcoin will be able to get more high prices in the future.
I’m not really sure if Bitcoin will rise above its peak price of last year which is $19k, but we all do believe that Bitcoin will always go above every last peak price, if you check the history it has always been like that, though I’m not really sure of that for this year.
But what if it happens to not reach that high, will that be a reason for you to quit? It makes no sense, I don’t know why most of you are used relying on price, why don’t you find something more better, there are lots of opportunities to make money in Bitcoin and not just only buying and Hodling🤔 stop wasting your time.
But what if it happens to not reach that high, will that be a reason for you to quit? It makes no sense, I don’t know why most of you are used relying on price, why don’t you find something more better, there are lots of opportunities to make money in Bitcoin and not just only buying and Hodling🤔 stop wasting your time.
Yeah but there are people like that. Probably because they see btc only as a source of quick income. Bitcoin and crypto, aside from having profitable opportunities, is an innovation. I think people should start looking beyond the price for a while and see how it can make lives better for us in the future. 19k will not be btc's ceiling and it will be broken sooner or later
I’m not really sure if Bitcoin will rise above its peak price of last year which is $19k, but we all do believe that Bitcoin will always go above every last peak price, if you check the history it has always been like that, though I’m not really sure of that for this year.
But what if it happens to not reach that high, will that be a reason for you to quit? It makes no sense, I don’t know why most of you are used relying on price, why don’t you find something more better, there are lots of opportunities to make money in Bitcoin and not just only buying and Hodling🤔 stop wasting your time.
But what if it happens to not reach that high, will that be a reason for you to quit? It makes no sense, I don’t know why most of you are used relying on price, why don’t you find something more better, there are lots of opportunities to make money in Bitcoin and not just only buying and Hodling🤔 stop wasting your time.
I strongly believe that someday bitcoin prices will peak with high prices again, I have studied the history of prices from year to year, and each year must have a price increase rate .
I recommend everyone to read this research about "HODL waves"
Seems like next growth wave is now occurring https://blog.unchained-capital.com/bitcoin-data-science-pt-1-hodl-waves-7f3501d53f63
As long as bitcoin price is depending on the supply and demand from the people in the market.
we can expect anytime the rise more than before.
Bitcoin value may look stable now at 7900-8100 USD, but this will not go any longer and will surely rise soon,!
we can expect anytime the rise more than before.
Bitcoin value may look stable now at 7900-8100 USD, but this will not go any longer and will surely rise soon,!
What are other reasons that make you believe that bitcoin will rise again?
This is a very simple question to answer and some people have answered partially. The answer to your question is the adoption. bitcoin has increased its adoption worldwide, last year Japan adopted bitcoin and see that in Japan there are many establishments that accept bitcoin then we have south korea and if we have many more countries adopting bitcoin then we will have a big price increase. So we have to be patient that time will reward those who invest in bitcoin
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