at the moment it's so difficult to predict price movements. it could be said that at this time it was calculated at the end of the year, and prices had not even recovered. even the predictions that exist, and information that is spread even always see the lack of bitcoin. as of today, I see the price of bitcoin failing to penetrate the price of $ 11k, and come back down a few hundred dollars in a few hours. You can read the article below.
https://cointelegraph.com/news/bitcoin-fails-to-break-11-000-again-drops-400-in-one-hour
However, I still strongly believe that prices have not fully recovered, although many say that the price of bitcoin will return below the $ 10k price, I still believe that the increase will occur at the end of this year. whether it will pass the price of $ 15k or even be able to reach the price of $ 24k, I think the price of bitcoin will start to rise in the coming October.
Topic: Bitcoin Price Prediction – $24,000 BTC/USD before Christmas 2019 - page 2. (Read 833 times)
September 09, 2019, 03:16:16 AM
September 08, 2019, 11:17:40 PM
The prediction of Bitcoin value reaching $24,000 before December this year to is over estimated in my opinion, since Bitcoin is still battling on how to break $11,000 resistance for a long time now let alone reaching such amount in value come December.
Maybe yes, as the market still surviving to break from that value, if ever that it won't break that point this year, chance to move forward next year is also a good spark, we can't be sure but expectations still high from investors sides and with incoming halving there's always potentials to reach this amount and sooner it will be much higher bringing another level to be touch.
September 08, 2019, 05:37:38 PM
Its possible for it to go down when people have bills to pay, thats the cold hard reality of life. People are rich while there is money spare but every economy has a cycle to it of expansion and contraction. We can have a bearish autumn and that surely has some effect on Bitcoin even though its global and distributed not tied to FIAT exactly its still an asset in the range that forms the market.
We dont have to think of Bitcoin negatively for that to happen, its as natural as the tides is how I see it and I dont take the sea going out as if I will never see it again but all the same price can come down from here.
We dont have to think of Bitcoin negatively for that to happen, its as natural as the tides is how I see it and I dont take the sea going out as if I will never see it again but all the same price can come down from here.
Yes, some people need the money and they will sell BTC for fiat, some will receive bonus the end of the year (at least in my coutry there is extra money), and you are correct about the cycles
We are stable right now and all of us want a bull run, ATH, 20k USD again, 1 million dollars BTC, but we are almost in a crisis, we should be prepared for the best and the worse to
September 08, 2019, 04:20:53 PM
Its possible for it to go down when people have bills to pay, thats the cold hard reality of life. People are rich while there is money spare but every economy has a cycle to it of expansion and contraction. We can have a bearish autumn and that surely has some effect on Bitcoin even though its global and distributed not tied to FIAT exactly its still an asset in the range that forms the market.
We dont have to think of Bitcoin negatively for that to happen, its as natural as the tides is how I see it and I dont take the sea going out as if I will never see it again but all the same price can come down from here.
We dont have to think of Bitcoin negatively for that to happen, its as natural as the tides is how I see it and I dont take the sea going out as if I will never see it again but all the same price can come down from here.
September 08, 2019, 09:16:49 AM
The prediction of Bitcoin value reaching $24,000 before December this year to is over estimated in my opinion, since Bitcoin is still battling on how to break $11,000 resistance for a long time now let alone reaching such amount in value come December.
September 08, 2019, 08:11:36 AM
Excerpt from original gamblerock post:
Continue Reading the entire details of the prediction at GambleRock: Bitcoin Price Prediction - $24,000 BTC/USD before Christmas 2019
Quote
Bitcoin price has been an yet another unbelievable tear in 2019, similar to the major bull market run it saw in 2017, rising from only ~$800 to start the year to an all time high of ~$19,600 in December 2017 before crashing in 2018 eventually reaching low of ~$3,150 in January 2019.
I’ve been betting on Bitcoin on both the long and short sides since 2017. There have been a lot of hard knock lessons learned along the way. Unfortunately, I was shorting it in 2017 (one year early) so what should have been an amazing year of BTC/USD price appreciation, I experienced liquidations for leveraged margin positions. What was even worse is that I was trading on Kraken at that time. They we’re constantly going offline every time there was heavy buying volume, making it impossible for their customers to buy and sell Bitcoin at premium valuations during heavy market volume and volatility.
I made a lot of spot on predictions in the price of Bitcoin during the first half of 2017. Then I thought it was overvalued and needed to return to test the $2,850 major resistance level of early 2017. It actually tested $2,950 once after it hit $5,000. It had a second retest of $3,000 and then it took off. I was so fixated on it going to retest the exact price of $2,850 that I overlooked the notion that buying demand could be too strong for it to reach that exact level. Then again in January 2019, Bitcoin once again retested $3,000. It found solid support and has been on a bull run ever since rising nearly 400% this year at current levels approaching $12,000.
I’ve been betting on Bitcoin on both the long and short sides since 2017. There have been a lot of hard knock lessons learned along the way. Unfortunately, I was shorting it in 2017 (one year early) so what should have been an amazing year of BTC/USD price appreciation, I experienced liquidations for leveraged margin positions. What was even worse is that I was trading on Kraken at that time. They we’re constantly going offline every time there was heavy buying volume, making it impossible for their customers to buy and sell Bitcoin at premium valuations during heavy market volume and volatility.
I made a lot of spot on predictions in the price of Bitcoin during the first half of 2017. Then I thought it was overvalued and needed to return to test the $2,850 major resistance level of early 2017. It actually tested $2,950 once after it hit $5,000. It had a second retest of $3,000 and then it took off. I was so fixated on it going to retest the exact price of $2,850 that I overlooked the notion that buying demand could be too strong for it to reach that exact level. Then again in January 2019, Bitcoin once again retested $3,000. It found solid support and has been on a bull run ever since rising nearly 400% this year at current levels approaching $12,000.
Continue Reading the entire details of the prediction at GambleRock: Bitcoin Price Prediction - $24,000 BTC/USD before Christmas 2019
This is very much possible. To support your argument, you know that bitcoin prices are mostly increased at the end of the year. We had the bull run and all time high of bitcoin prices at the mid of December 2017. This means that we can again see all time high in December this year. Also halving is to be done next year 2020, by December 2019 we may have the hype of halving creeping in.
September 08, 2019, 07:43:57 AM
we will surely see a decent rise before this year ends because it simply is impossible to have such a long sideways market for 6 months since it started months ago. and going down is simply impossible.
the only way to go is upwards. but the problem with this prediction here is that it is not considering the fact that $24k is above the previous ATH at $20k and as always breaking the previous ATH is going to be a lot more difficulty than any other previous resistances which means it will take a much longer time. my guess would be next year for this kind of bearkout not this year. and this year we will see prices between $16k and $19k.
the only way to go is upwards. but the problem with this prediction here is that it is not considering the fact that $24k is above the previous ATH at $20k and as always breaking the previous ATH is going to be a lot more difficulty than any other previous resistances which means it will take a much longer time. my guess would be next year for this kind of bearkout not this year. and this year we will see prices between $16k and $19k.
I don't think it's impossible to go down, it's possible and we have to be prepared and have a plan B in this situation
But I agree with you about ATH, it's hard to beat the previous ATH and we are talking for a long time about this 20k USD mark
September 08, 2019, 05:50:22 AM
we will surely see a decent rise before this year ends because it simply is impossible to have such a long sideways market for 6 months since it started months ago. and going down is simply impossible.
the only way to go is upwards. but the problem with this prediction here is that it is not considering the fact that $24k is above the previous ATH at $20k and as always breaking the previous ATH is going to be a lot more difficulty than any other previous resistances which means it will take a much longer time. my guess would be next year for this kind of bearkout not this year. and this year we will see prices between $16k and $19k.
the only way to go is upwards. but the problem with this prediction here is that it is not considering the fact that $24k is above the previous ATH at $20k and as always breaking the previous ATH is going to be a lot more difficulty than any other previous resistances which means it will take a much longer time. my guess would be next year for this kind of bearkout not this year. and this year we will see prices between $16k and $19k.
September 07, 2019, 09:02:53 PM
I'm still follow the latest update from Bakkt who will launch their service at 23 September 2019 and I saw some transaction who have made by some people who sent a lot of bitcoin yesterday and the speculation who spread was they intend to send their bitcoin into bakkt. Which is mean bitcoin will have a high value if the bakkt service will be launched. I think $24.000 is really reasonable to reach if this service succesfully be launched and don't need to wait until christimas day to reach $24.000.
September 07, 2019, 06:37:56 PM
I just think that the price would surely go up before this year ends.
But I am not hoping for too much like that but if it ever hits above $20K and set a new ATH let's just hope that this time it could maintain it's price up there and wouldn't go for another roller coaster ride.
I wouldn't let my hopes high either since the price is quite unstable each week or two but i never remove the possibility that it will happen before Christmas. As long as we see the $15,000 resistance being break then that would be the start of hype and skyrocketing of Bitcoin price. Anyway, Bitcoin halving may change the price too but i wonder if it would be beyond or less from what we are about to witness before Christmas. But I am not hoping for too much like that but if it ever hits above $20K and set a new ATH let's just hope that this time it could maintain it's price up there and wouldn't go for another roller coaster ride.
September 07, 2019, 04:22:55 PM
I just think that the price would surely go up before this year ends.
But I am not hoping for too much like that but if it ever hits above $20K and set a new ATH let's just hope that this time it could maintain it's price up there and wouldn't go for another roller coaster ride.
But I am not hoping for too much like that but if it ever hits above $20K and set a new ATH let's just hope that this time it could maintain it's price up there and wouldn't go for another roller coaster ride.
September 07, 2019, 03:30:28 PM
The answer is no on this subject, I'm going to formally and dramatically slam the book closed on this subject because the price itself tells me its weak and not capable. If we get some ground breaking change then I'm wrong and I really dont mind but right now this kind of idea is pie in the sky pipe dreams not based on what the market is telling us.
All the way back in June we had a peak of 13k and we sold off, thats fair people take profits and we all expect that. It fell to 4 digit lows and its been repeating ever since, today we stand at the lowest point in that measure and yet we dream as if it had somehow gained in momentum. Its done nothing to negative since then, just a repeat like a bouncing ball coming to a stop. It wont stop, it'll do something new sometime but so far nope.
All the way back in June we had a peak of 13k and we sold off, thats fair people take profits and we all expect that. It fell to 4 digit lows and its been repeating ever since, today we stand at the lowest point in that measure and yet we dream as if it had somehow gained in momentum. Its done nothing to negative since then, just a repeat like a bouncing ball coming to a stop. It wont stop, it'll do something new sometime but so far nope.
September 07, 2019, 03:01:17 PM
Well, Its a month later and actually down about $1,000. It's trying to break through 11K right now. If it does, I think a big move up could be coming soon.
maybe the bull run that were all waiting for has finally arrive. And $24k by christmas might be a little low , bitcoin might reach $30k or even higher , cant wait to see good happenings on bitcoin price starting nextweek.I am beginning to think that Bitcoin can easily hit 30k, but i fear when Bitcoin is at 20k again that people will dump it. Do you know how many people have invested in Bitcoin when the price was around 19k. They want to have their money back.
September 07, 2019, 01:49:24 PM
Possible.However i think we will not pass ATH before halving
So we will stay below 20K
Maybe even better because Central Banks are watching and better is keep price until final parabolic moves.That what is happening is same trade war and currency war.USA will does everything to maintain dollar power over the world
So we will stay below 20K
Maybe even better because Central Banks are watching and better is keep price until final parabolic moves.That what is happening is same trade war and currency war.USA will does everything to maintain dollar power over the world
September 07, 2019, 12:51:39 PM
Well, Its a month later and actually down about $1,000. It's trying to break through 11K right now. If it does, I think a big move up could be coming soon.
But what are your thoughts though? Are we going to break that mental barrier of $11k?It might take a few more weeks of chopping around and coiling inside the trading range first. Bears are still defending the weekly mode and descending down trend line, so it looks like there's still some supply to absorb at lower levels.
I'm confident $11K will be broken by early-mid October though. After that I think the June highs will be broken pretty quickly too.
September 07, 2019, 11:51:45 AM
Well, Its a month later and actually down about $1,000. It's trying to break through 11K right now. If it does, I think a big move up could be coming soon.
maybe the bull run that were all waiting for has finally arrive. And $24k by christmas might be a little low , bitcoin might reach $30k or even higher , cant wait to see good happenings on bitcoin price starting nextweek. September 07, 2019, 09:40:48 AM
It's a good text, a nice subject to speak and we all have to be optmistic, but we have to face the reality here
We are in a good trend, everyday we are hearing about good news, but the price is not growing at the same pace, we are already in September, and we stuck at 10k, this is not bad at all, but it's time to think about this 10 to 12k at the end of the year
We are in a good trend, everyday we are hearing about good news, but the price is not growing at the same pace, we are already in September, and we stuck at 10k, this is not bad at all, but it's time to think about this 10 to 12k at the end of the year
September 07, 2019, 09:07:23 AM
Well, Its a month later and actually down about $1,000. It's trying to break through 11K right now. If it does, I think a big move up could be coming soon.
But what are your thoughts though? Are we going to break that mental barrier of $11k? Is so, what factors would you think that the ecosystem needed.I mean we have a lot of positive news, like the Bakkt hype but still the price is just trading sideways in the last couple of days. To be able to break that resistance and still go up, we need some catalyst so that there will be more demand.
September 06, 2019, 10:13:02 AM
Well, Its a month later and actually down about $1,000. It's trying to break through 11K right now. If it does, I think a big move up could be coming soon.
August 15, 2019, 10:46:21 PM
I think in order for this to happen we would have to have a reason for bitcoin to go up. Right now, people are making a good enough amount of money from trading between certain levels and that is enough for them, others are happy that they are not making too much money but at least they are not losing too much neither, everybody goes home happy undamaged.
This is the reason it is really hard to change the price right now, it is doable with a certain amount of buy orders but right now that looks like a no deal since nobody is idiots enough to test out if that would work or not and nobody with that kind of money would be willing to lend it for such purposes. That is why we need a huge news that would change things up and shift money around so we can actually rally up that much.
This is the reason it is really hard to change the price right now, it is doable with a certain amount of buy orders but right now that looks like a no deal since nobody is idiots enough to test out if that would work or not and nobody with that kind of money would be willing to lend it for such purposes. That is why we need a huge news that would change things up and shift money around so we can actually rally up that much.
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