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Topic: Bitcoin fueling to launch to the moon anytime soon. - page 4. (Read 844 times)

hero member
Activity: 2184
Merit: 531
If your answer to this is praying and hoping that it will go to the moon you're not doing it right.

I'd really be scared of my money if all that I had left in my investment was hopes and prays Cheesy

The last ATH was so long ago that 2017 price action will not help you reach the verdict. It will go up in its own time.


hero member
Activity: 3094
Merit: 654
This might not be a bitcoin discussion but more of a speculation.
You could put it right there.

Well, just to my intrigue. Why do you think it would go up?
You saw sentiments in Twitter and when you experience that you should be a little pessimistic about it.
legendary
Activity: 1134
Merit: 1599
The price already gets down below $11,6-- zone, and I am worried that sooner or later, that price will go down to the lower price. If this continues, I think the price will go down for more, and bitcoin will have difficulty to rise. If that happens, we will not know when bitcoin's price will be back to the high price. If the situations can change, I think bitcoin's price will get another green candle.
It seemed to have difficulties going past 10k (or 11k?) as well, not too long ago - yet, after many tries, it was able to get past that resistance. Did that make it extremely bullish as many thought it'd be? So far, it doesn't look like it. So, unfortunately, it's damn hard to predict much accurately when it comes to crypto assets.
legendary
Activity: 3346
Merit: 1618
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BTC I was reading some sentiments regarding BTC on twitter, some wanted to jump out of the ship, but I was think of BTC last ATH. Before it, price was below $11K...and now price was near similar to that...so all I've been thinking and doing is praying/chanting. "JUST KEEP MOVING...NO STOPPING". What you guys think?

The best thing you can do at this point is just HODL. We’re only a few months after the block reward halving, the true effect of the reduction of new coins on the market isn’t shown in the price yet. If you can HODL until near the end of 2021 you will make a lot of money.

legendary
Activity: 3332
Merit: 1404
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Aight. Thanks for your prediction. You do realize that moonboy price predictions doesn't really help anyone though? It's just as bad as the perma-bear price predictions that people like Nouriel Roubini and Peter Schiff make. Also, while I mostly(not 100% of the time as some "predictions" actually makes sense) dislike predictions, at least give us a decent bullish case. Your reasoning was pretty much something like "bitcoin will go to the moon because bitcoin hit 11k". Like what.
Well, predictions aren't useless in a sense that they might affect the prices. For instance, with many positive predictions regarding Bitcoin there's a chance many users will buy out of FOMO which, in turn, would lead the prediction on the way to being self-fulfilling. I also believe there's a good chance Bitcoin will climb if not to ATH, then to $15k by the end of the year. I don't look forward to it, however, since I don't want the price to explode like it did 3 years ago.
full member
Activity: 532
Merit: 104
Bitcoin is likely to increase in value soon as the amount of bitcoins on exchanges is now lower than it was in 2018 and 2019. It means that when the money flows into these exchanges it will be easier to increase in value. Now that the mines in China have been swept away by the flooding of the miners, I think they will sell their bitcoins to rebuild their computer systems to continue mining bitcoin soon.
legendary
Activity: 2520
Merit: 4355
Farewell o_e_l_e_o
The market often moves oppositely with what most of people, investors think it will move. Market behaviours can be consolidated and described this way.  Tongue
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
BTC I was reading some sentiments regarding BTC on twitter, some wanted to jump out of the ship, but I was think of BTC last ATH. Before it, price was below $11K...and now price was near similar to that...so all I've been thinking and doing is praying/chanting. "JUST KEEP MOVING...NO STOPPING". What you guys think?

Well the price failed to break the $12500 and as a result it dropped a lot to $11500, it clearly shows that the $12000 - $14000 zone is an area that will be extremely difficult to break because many people who bought at $ 8000 or $9000 will sell and wait to buy low. I was even happy to see that the price held up very well in not falling below $11000, it was a victory, but now we have to see how long the price will remain above $11500 and if we managed to break the $12500 and exceed $14,000 to dream about $20,000
mk4
legendary
Activity: 2940
Merit: 3883
📟 t3rminal.xyz
I'm interpreting it as He thinks bitcoin consolidates @11,000$ - 12,000$ mark before it reaches the all-time high which a bit correct if he really means that way.
On December 5, 2017, It starts to show a massive pump up to 17,000$ which one of the notable movements in Bitcoin history. Based on the current chart of BTC, It is almost the same impulse wave during 2017 that's why many analyst are predicting that we can reach all-time-high again.


BTC is rebounding everytime it hits the EMA15 line which is a good sign that we are still on the bullish trend. It only needs to break that green trendline so that we can see new high or BTC will continue to a slow paced growth which is what I preferred to eliminate heavy correction.

If so, then it would make A LOT more sense if it was worded/explained this way. Though I'm not a fan of technical analysis(but I don't hate/dislike it either, just not interested), it's still a dozen-fold better than an empty prediction.
hero member
Activity: 2870
Merit: 594
What you guys think?

No offense, but I think this is one of the most nonsense posts I've seen this month. "but I was think of BTC last ATH. Before it, price was below $11K" well obviously bitcoin needs to go past 11k to go to 20k, just as it needs to go past 10k to go back down to 3k. What's your point tho?

I like honest people. But rudeness doesnt count. What I mean was, BTC might have its history repeat or do the same rhythm. If you don't get that "nonsense" thought, not hoping. We all have predictions. That was mine.  Wink
It might or it might not, too early to call what's going to happen, there are so called market 'experts' predicting a huge gain in the next bull run, even going as high as $100k. But, it's a big but, that is if the prediction comes true. I advise you to back read this thread made by @fillippone - Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity.
full member
Activity: 1512
Merit: 129
In my opinion, reaching $20k this year would be a little bit too far. I'm not saying impossible knowing the fact that all prices are soaring high recently, I'm only worrying that btc won't make it within a short period of time. Imagine, btc dropped by around 3% yesterday AFAIR and continues. It will have a hard time to get its momentum once again. Remember that we are now heading to last quarter of 2020 so better to expect less Wink.
It is already recovering, the last 24 hours data shows that. Most time, after a rise, people take profit which makes the price to fall but strong support just like this present one is a clear indication that the rise in price is coming back and if this happens, the next stop will be 15k. However, anything is possible. the price can go in any direction
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
What you guys think?

No offense, but I think this is one of the most nonsense posts I've seen this month. "but I was think of BTC last ATH. Before it, price was below $11K" well obviously bitcoin needs to go past 11k to go to 20k, just as it needs to go past 10k to go back down to 3k. What's your point tho?

I'm interpreting it as He thinks bitcoin consolidates @11,000$ - 12,000$ mark before it reaches the all-time high which a bit correct if he really means that way.
On December 5, 2017, It starts to show a massive pump up to 17,000$ which one of the notable movements in Bitcoin history. Based on the current chart of BTC, It is almost the same impulse wave during 2017 that's why many analyst are predicting that we can reach all-time-high again.


BTC is rebounding everytime it hits the EMA15 line which is a good sign that we are still on the bullish trend. It only needs to break that green trendline so that we can see new high or BTC will continue to a slow paced growth which is what I preferred to eliminate heavy correction.
mk4
legendary
Activity: 2940
Merit: 3883
📟 t3rminal.xyz
I like honest people. But rudeness doesnt count. What I mean was, BTC might have its history repeat or do the same rhythm. If you don't get that "nonsense" thought, not hoping. We all have predictions. That was mine.  Wink

Aight. Thanks for your prediction. You do realize that moonboy price predictions doesn't really help anyone though? It's just as bad as the perma-bear price predictions that people like Nouriel Roubini and Peter Schiff make. Also, while I mostly(not 100% of the time as some "predictions" actually makes sense) dislike predictions, at least give us a decent bullish case. Your reasoning was pretty much something like "bitcoin will go to the moon because bitcoin hit 11k". Like what.

P.S. You asked what we think, and I gave you my opinion. Don't be easily offended; we're on the internet, get used to it lmao.
copper member
Activity: 2156
Merit: 983
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After Halving one of my friend that work analys of the bitcoin says it will reach ath in 2021 Cheesy so i just hope this happen

so be prepared guys
member
Activity: 1302
Merit: 25
Remember that we are now heading to last quarter of 2020 so better to expect less Wink.

Bitcoin really is nearing the ATH that happened in 3years ago and it was around the quarter that it started having the kind of unstoppable volatile that it got it that high. We can still see that repeating again maybe but bitcoin for next year is definitely going to the moon.
newbie
Activity: 3
Merit: 0
What you guys think?

No offense, but I think this is one of the most nonsense posts I've seen this month. "but I was think of BTC last ATH. Before it, price was below $11K" well obviously bitcoin needs to go past 11k to go to 20k, just as it needs to go past 10k to go back down to 3k. What's your point tho?

I like honest people. But rudeness doesnt count. What I mean was, BTC might have its history repeat or do the same rhythm. If you don't get that "nonsense" thought, not hoping. We all have predictions. That was mine.  Wink
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
BTC I was reading some sentiments regarding BTC on twitter, some wanted to jump out of the ship, but I was think of BTC last ATH. Before it, price was below $11K...and now price was near similar to that...so all I've been thinking and doing is praying/chanting. "JUST KEEP MOVING...NO STOPPING". What you guys think?

Although we have quite big potential for big jumps for these days still bare some doubts in your head since we don't actually know what future could bring if we can see more pumps or the huge dumps came and for this we really need to think twice and act smart according to the market flow. We need to trade for short time if we know how to do it correctly and if we already regain back our capital then its up for us to decide we choose to hold in instance or continuously trade to make the balance grow.
jr. member
Activity: 43
Merit: 2
Market movements are based on fundamentals, there have been many optimistic signals and we're after a halving so the markets will naturally look to establish new heights. As a deflationary currency bitcoin is naturally prone to grow in value at a steady pace but there are also many possible events related to the cost of mining etc. that could make the price of bitcoin change very fast.
legendary
Activity: 2576
Merit: 1043
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BTC I was reading some sentiments regarding BTC on twitter, some wanted to jump out of the ship, but I was think of BTC last ATH. Before it, price was below $11K...and now price was near similar to that...so all I've been thinking and doing is praying/chanting. "JUST KEEP MOVING...NO STOPPING". What you guys think?
If the sentiment of the crowd is positive, that is often a negative sign for the investors.

For me, that is a contrarian signal and it is a signal for either selling or just hold your coins. I'm still waiting for its big correction that may happen within the next 2 months.
NO STOPPING?? Nahh not all markets work like that. Markets tend to move up and down. Don't expect too much in the market or you will regret it trust me Tongue. Praying?? Chanting?? That will not work. Have some huge money so it will work Cheesy.
sr. member
Activity: 1708
Merit: 326
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BTC I was reading some sentiments regarding BTC on twitter, some wanted to jump out of the ship, but I was think of BTC last ATH. Before it, price was below $11K...and now price was near similar to that...so all I've been thinking and doing is praying/chanting. "JUST KEEP MOVING...NO STOPPING". What you guys think?
Dont begged for it. Market price will increase eventually and you dont need some chant or prayers. It's gonna be a shamed to do that for a price hike. Just be confident about it and youll see some good result. ATH is just around the corner and we like it or not it will go there but it will take some time.

You cannot forced the people to pump the bitcoin price since most of the volume from it are from traders who are doing trading and gaining profits too for trading these coins including precious bitcoin. Only few of them are actual holders and you can judget that by downfall of it. Some take their profits already.
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