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Topic: Bitcoin is on its best start-of-year streak since 2012 (Read 294 times)

sr. member
Activity: 2100
Merit: 309
It can be said that 2020 begins like a dream. I was sure that after such rapid increases at the very beginning of the year, the correction would also be very big. However, it turned out that yesterday's correction was relatively small, so if the price does not fall more in this week, we should see further price increases soon. .. So we are waiting for breaking $10k now Smiley

Yes, 2020 was nothing less than a dream start wherein most of us were assuming that the market will dump as it does every time during the new year but it proved the opposite this time. This has set an example that bitcoin does not follow the trend which also makes us wonder whether we will go through the much-antisipated bull run which has been predicted post halving, I would say this is really a confusing situation and we need to think multiple times before making a call as I made a mistake by cashing out last month before the sudden surge.
Maybe in 2020 become new starting for bitcoin raise back with higher price and take moment halving time how to make bitcoin can back with higher price, always possible for halving to make bitcoin repeated with last halving time and bitcoin touch with higher price too, always have chance for bitcoin can back to higher price and give most opportunity with bitcoin.
sr. member
Activity: 1638
Merit: 261
It can be said that 2020 begins like a dream. I was sure that after such rapid increases at the very beginning of the year, the correction would also be very big. However, it turned out that yesterday's correction was relatively small, so if the price does not fall more in this week, we should see further price increases soon. .. So we are waiting for breaking $10k now Smiley

Yes, 2020 was nothing less than a dream start wherein most of us were assuming that the market will dump as it does every time during the new year but it proved the opposite this time. This has set an example that bitcoin does not follow the trend which also makes us wonder whether we will go through the much-antisipated bull run which has been predicted post halving, I would say this is really a confusing situation and we need to think multiple times before making a call as I made a mistake by cashing out last month before the sudden surge.
sr. member
Activity: 1463
Merit: 265
Pepemo.vip
It can be said that 2020 begins like a dream. I was sure that after such rapid increases at the very beginning of the year, the correction would also be very big. However, it turned out that yesterday's correction was relatively small, so if the price does not fall more in this week, we should see further price increases soon. .. So we are waiting for breaking $10k now Smiley
hero member
Activity: 1246
Merit: 529
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A good start so far, and I would not be surprise if it continues to be bullish going to the bull run schedule.
This market is not different in the past, there are periods its' bearish and periods where it's bullish, and I think we have enough reason to make bitcoin bullish this year. what we achieve last year which is $13,000 will surely be surpass and I also believe this year we will end up a high note, probably a new ATH.
Bull run schedule? The hell are you talking about dude. There's no such thing as a scheduled bull run. There have been a lot of speculated bull runs, though most of them didn't hit anything on schedule. Though indeed this is quite a good kick off, there's always the possibility of a pull back. So as much as I'd like to be as optimistic as you, i'd stay on the more realistic side.
hero member
Activity: 3052
Merit: 685
A good start so far, and I would not be surprise if it continues to be bullish going to the bull run schedule.
This market is not different in the past, there are periods its' bearish and periods where it's bullish, and I think we have enough reason to make bitcoin bullish this year. what we achieve last year which is $13,000 will surely be surpass and I also believe this year we will end up a high note, probably a new ATH.
hero member
Activity: 3052
Merit: 651
A huge difference unlike before. But it is never over yet.
Last halving took 1 year before the price increase become fruitful.
So what if now is just the start of it? Maybe we will be seeing double the price in one year.
I just hope they have that patient to wait and not just dump everything once they received their ROI or even just a little profit. That would be a waste.

Anyways, there is still a positive event that might happen when they do it. New buyers coming for a lower price.
sr. member
Activity: 1638
Merit: 278
The best milestone that happened to bitcoin price since 2012 is it reaches the maximum price of it which is 20000$. By that time, all of the bitcoin holders sold their coin and they be able to earn profit into it. I am hoping that sooner or later it will reach its peak again since halving is gonna happen in April of 2020.
I guess the expectations due to halving never had got fulfilled as it seemed an easy guessing in any market and all the markets are known for disappointing which is also happening in crypto markets. I mean to say we may not experience that magical $20k levels around this halving but probably possible by the end of this year. Because, this is how so far bitcoin markets had worked and we need to learn from the history.

I guess by end of 2021, we might be having bitcoin prices trading around one million as the next possible ATH lies between $400k to $1000k levels.
sr. member
Activity: 896
Merit: 268
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The best milestone that happened to bitcoin price since 2012 is it reaches the maximum price of it which is 20000$. By that time, all of the bitcoin holders sold their coin and they be able to earn profit into it. I am hoping that sooner or later it will reach its peak again since halving is gonna happen in April of 2020.

Looks healthy, I think we would be having an entire healthy year, or if not may be it will just take a few weeks or months. Anyway, can't wait any longer, man. I am not expecting but I am hoping that at some point we will break ATH. I will take every opportunity I could get 'cause I disregard 2017's opportunity, however it is still long way to go though.
sr. member
Activity: 2366
Merit: 305
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We are still at a good price level. If we look out the previous price compared at this currently price it looks better and we saw that there is an improvement. I dont think that if the price will repeatedly from the previous one, all I know is bitcoin price will go up due to the demand and supply. Unpredictable price, that is bitcoin and we can't predict what will exactly happen. So, if you believe that this coming next halving bitcoin price will go up, accumulate and full your bag.
legendary
Activity: 1120
Merit: 1000
I think the best moment is when bitcoin reached 20000 USD, it was totally crazy. When the time bitcoin hit the 200 USD or so some people told me that bitcoin would be worthless and then they saw with their eyes it touched the ATH, even though the price was crashed down at the time, it was able to recover, slow but sure. Bitcoin is a deflationary model which means that the value will be skyrocket in the future.
sr. member
Activity: 1708
Merit: 295
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I'm not huge fan of looking into the past to trace a movement towards future, but I'm happy because BTC and cryptos in general are doing well in the beggining of the year, I hope this optmism wave keeps for the entire year
If we look at the growth of Bitcoin in the past, we will have more confidence in it in the future and maybe this problem will help more investors to trust this market. This year, I believe that the price of bitcoin will create a lot of surprises, the bull market has begun and we should have as many BTC as soon as possible before it's too late this year.
full member
Activity: 1316
Merit: 126
The best milestone that happened to bitcoin price since 2012 is it reaches the maximum price of it which is 20000$. By that time, all of the bitcoin holders sold their coin and they be able to earn profit into it. I am hoping that sooner or later it will reach its peak again since halving is gonna happen in April of 2020.

Right, $20,000 would be a very good amount and surely it will benefit everyone even those who just entered the bitcoin industry. Everyone has been waiting for the price to reach another all time high and I hope it’ll be this year. As we can see, the price of bitcoin is increasing and it showed a very good start this year and I just wish really that it will continue until we reach another all time high.
legendary
Activity: 2366
Merit: 1408
I'm not huge fan of looking into the past to trace a movement towards future, but I'm happy because BTC and cryptos in general are doing well in the beggining of the year, I hope this optmism wave keeps for the entire year
sr. member
Activity: 1400
Merit: 259
Spending time is over.
They sold bitcoin for Christmas and New Year's Eve.
Time to bag again. Halving is near and it will be better to buy at a cheaper price. Because of that, demands are soaring and we don't even know where they are buying.
Although small amount or large, when put together a big reaction to the market of bitcoin will come. There will be more.
hero member
Activity: 1666
Merit: 753
This is honestly the pinnacle of meaningless statistics.

What next? Best perform in September since 2009?

Honestly, making news out of these short term price movements which can be completely unpredictable is a farce and shouldn't be done at all from the perspective of media outlets. Saying that bitcoin outperformed asset x over 10 days doesn't prove anything, and it really doesn't encourage anyone to adopt BTC either.
legendary
Activity: 3178
Merit: 1054
So what?The bitcoin price could still collapse to 6-7K of even 3K.
Historical data doesn't prove anything about the future performance of the bitcoin price.
I guess the Halving hype is kicking in and the price might reach 12-13K before May,but that's just an assumption.

its more of a FOMO that investors are coming to keep the price up due to the coming halving. it make sense for an investor to get in right now before the price could lift another grand. when halving come, it wouldn't be $8K anymore because all the rest have bought and they are not selling it for a price of $8k again. why would they?

i wouldn't even just but BTC but also the altcoins i've dumped but got a ton of profit early 2018. i don't know where those investors get their investment advice but its obvious to buy this time of the year.
legendary
Activity: 2632
Merit: 1094
A little pump doesn't really prove bitcoin is really onto a good start as so many such pumps and dumps happened last year too. It was 9k in November too and I have received some bitcoins for altcoins when the price was 12k and since June, July it hasn't shown any improvement with just a downward trend.

ETH on the other hand is doing much better in terms of price. It's graph has been pretty stable and much more profitable for investors after 2018.
legendary
Activity: 1473
Merit: 1086
Yeah bitcoin will continue to increase from year to year I'm happy to see the movement of bitcoin this year because it will be better because investors have looked at it again and there is a lot of demand in the market.
I think in the future there will be many crypto projects that develop technology because of the changing times and of course this will be the main thing for bitcoin.

It is good to see us roaring so much, but some altcoins almost tripled in value already. That is quite hard to grasp. The increase is also a good signal because I am reading (even in oldschool news paper(!)) that bitcoin is performing quite spectacular, so even the AverageJoe will get the news that Bitcoin is contradictionary not dead (yet haha).


 Its really weird to have this increase this early into the year. I mean I am happy about the increase but I am also excited about what to follow. Even if we end up not going up too much in the following weeks or even months, we still have 11 more months to increase, so even if it stops for a while we will be able to restart and go up again later on. I can't really guess how much we can go up, bitcoin is very volatile  so it could do anything in the end but there is a possibility of 20k once again on the table and thats something we haven't seen in a long time. Do you think there is a ceiling to what bitcoin could become? Like not technically but psychological one?

The halving is to follow. And if we look back to the past, the halving was always an incredible moment in time. Any one here remembers the block halving party in Tel Aviv ? That was some fun to watch when they were mining their blocks.

I don't see a psychological cap for the price. I rather think our heads will be blown off when the largest speculators are starting to dip their toes into Bitcoin waters.
hero member
Activity: 2156
Merit: 575

 Its really weird to have this increase this early into the year. I mean I am happy about the increase but I am also excited about what to follow. Even if we end up not going up too much in the following weeks or even months, we still have 11 more months to increase, so even if it stops for a while we will be able to restart and go up again later on. I can't really guess how much we can go up, bitcoin is very volatile  so it could do anything in the end but there is a possibility of 20k once again on the table and thats something we haven't seen in a long time. Do you think there is a ceiling to what bitcoin could become? Like not technically but psychological one?
sr. member
Activity: 1988
Merit: 254
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The best milestone that happened to bitcoin price since 2012 is it reaches the maximum price of it which is 20000$. By that time, all of the bitcoin holders sold their coin and they be able to earn profit into it. I am hoping that sooner or later it will reach its peak again since halving is gonna happen in April of 2020.
OP is talking about the growth of bitcoin as the new year begins each year. And from 2012 until now, bitcoin has grown the most and has increased by more than 30%.And he didn't mention ATH because certainly the current price is many times higher than previous years, in 2020 I'm not sure the price of bitcoin can surpass ATH in 2017, but with favorable starts as of now, I believe that the price of bitcoin will certainly be higher than 2019
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