Topic: Bitcoin price will not go above $4,000 (Read 836 times)
This looks like a reverse psychology for people who thinks bitcoin is not going to rise again. It was just few days ago when bitcoin hits 4,000$ mark and it's giving a little morale for bitcoin/altcoins hodlers at least. So it's better to hold on your cryptos for good than selling it at a losing price.
And so btc is down again at 3850$, after reaching 4200$ for almost a week ,it goes down in just seconds. Thats the risk when buying coins and why some are afraid to buy bitcoin even the price is low.
Bitcoin does experience sharp price fluctuations so owners wait to make trading decisions whether selling or buying.I personally expect the price of bitcoin will continue to fall slightly, after starting to rise but not too sensational, until the end of 2019 prices were in the range of USD 5,000. That's my personal opinion.
Nah, we really don't need spreading awareness, bitcoin will do its own thing.
Bitcoin has been in the media for the past 2 years or more, specially when its peaked in 2017 so I'm sure a lot of people are already aware of it. It's awareness grows strong that during 2018, lots of government around the world has taken a stance against or for bitcoin.
$4k is nothing when the market goes on another bullrun, it's just a question of when it will happen
And whether it will happen at all
Though I agree that it is not a good idea to "spread awareness and properly educate the public of what Bitcoin is" because in real life it will most likely come down to persuading people that Bitcoin is worth investing in (as its real use still sucks). But if someone gets convinced after all and then price goes against them, it is going to backfire massively (with all kinds of accusations following). So let's allow Bitcoin to do its thing on its own as everyone here is on their own (at least, as far as investing in cryptocurrencies is concerned)
And so btc is down again at 3850$, after reaching 4200$ for almost a week ,it goes down in just seconds. Thats the risk when buying coins and why some are afraid to buy bitcoin even the price is low.
Bitcoin does experience sharp price fluctuations so owners wait to make trading decisions whether selling or buying.I personally expect the price of bitcoin will continue to fall slightly, after starting to rise but not too sensational, until the end of 2019 prices were in the range of USD 5,000. That's my personal opinion.
Nah, we really don't need spreading awareness, bitcoin will do its own thing.
Bitcoin has been in the media for the past 2 years or more, specially when its peaked in 2017 so I'm sure a lot of people are already aware of it. It's awareness grows strong that during 2018, lots of government around the world has taken a stance against or for bitcoin.
$4k is nothing when the market goes on another bullrun, it's just a question of when it will happen.
And so btc is down again at 3850$, after reaching 4200$ for almost a week ,it goes down in just seconds. Thats the risk when buying coins and why some are afraid to buy bitcoin even the price is low.
Bitcoin does experience sharp price fluctuations so owners wait to make trading decisions whether selling or buying.I personally expect the price of bitcoin will continue to fall slightly, after starting to rise but not too sensational, until the end of 2019 prices were in the range of USD 5,000. That's my personal opinion.
And so btc is down again at 3850$, after reaching 4200$ for almost a week ,it goes down in just seconds. Thats the risk when buying coins and why some are afraid to buy bitcoin even the price is low.
Bitcoin does experience sharp price fluctuations so owners wait to make trading decisions whether selling or buying.I personally expect the price of bitcoin will continue to fall slightly, after starting to rise but not too sensational, until the end of 2019 prices were in the range of USD 5,000. That's my personal opinion.
And so btc is down again at 3850$, after reaching 4200$ for almost a week ,it goes down in just seconds. Thats the risk when buying coins and why some are afraid to buy bitcoin even the price is low.
Bitcoin does experience sharp price fluctuations so owners wait to make trading decisions whether selling or buying.I personally expect the price of bitcoin will continue to fall slightly, after starting to rise but not too sensational, until the end of 2019 prices were in the range of USD 5,000. That's my personal opinion.
And so btc is down again at 3850$, after reaching 4200$ for almost a week ,it goes down in just seconds. Thats the risk when buying coins and why some are afraid to buy bitcoin even the price is low.
Bitcoin does experience sharp price fluctuations so owners wait to make trading decisions whether selling or buying.I personally expect the price of bitcoin will continue to fall slightly, after starting to rise but not too sensational, until the end of 2019 prices were in the range of USD 5,000. That's my personal opinion.
Bitcoin rose above 4k shortly. Then it corrected. I think we will be in a declining sideways correction for a while. The whales need time to get their bankroll up higher. This nice sideways travel is very good for day traders. It seems like we will stay in this area, or continue a decline. I would love to see 1K or below. Otherwise the 4k to 1k market area seems more plausible than anything for an extended period of time.
Absolutely, simple economics wont lost you in terms of supply, price, and possible range of demands.
Anyway, I just came back here just to tell the OP how he was so wrong in so many levels or shall we say how he understimated this technology.
I think you are underestimating our group, who has been running our site for over 10 years now.
We have a very good experience with market manipulation.
Can you explain how Bitcoin went to $4,200 and dropped to $3,800 so quickly?
Do you still believe we were wrong?
Thanks for your lack of faith in us.
Im not even questioning the capability and the length of service of your group. And yeah I believe you are wrong, read your thread title again.
Before I answer your question, can you explain as well how Bitcoin price sky rockets to almost $4.2k yesterday?
Because your thread title suggests differently.
However, the market can not be predicted. As you say that there ia no fundamental formula behind the hike, how it was possible in Dec 2017 for bitvoin to reach its historical hight? And you need to look the growth trend as well. Its almost travelling from $3500 to $4000. I am sure, the market is going see drastic chanhe
I still don't trust this because somewhere around $5k below it will going to crash again back to reality.
How do you know that? And what exactly do you mean by "back to reality"?I still have a question of why Bitcoin suddenly pump up.
Probably some whales trying to trigger a new rally, we'll have to wait and see if it actually works.And so btc is down again at 3850$, after reaching 4200$ for almost a week ,it goes down in just seconds. Thats the risk when buying coins and why some are afraid to buy bitcoin even the price is low.
A clear sign of bull trap has been revealed finally, most speculators predicted too much from it when it is just actually pumped for a week. Anyway, i've never expected too much about of pumping, i'm more expecting of when it would drop and then suddenly here it is back to $3.7k. And so btc is down again at 3850$, after reaching 4200$ for almost a week ,it goes down in just seconds. Thats the risk when buying coins and why some are afraid to buy bitcoin even the price is low.
Exactly! When one thinks or speculates that bitcoin price will not go above $4000 and after few days it did surpassed the price but only to dump heavily back to below $4k in a matter of seconds. This is actually the risk in crypto. 
I can't help thinking that you don't exactly comprehend the idea of lack. Anything can be insufficient if interest for it surpasses supply. On the off chance that somebody begins purchasing up all the poop in the city, at that point all things considered, inadequacy may emerge on him.
The estimation of the products is controlled by the interest for it from the purchaser's side. In this manner, it doesn't make a difference that it is gold or bitcoin. In the event that Bitcoin stays with a predetermined number of coins, it will be much more rare than gold at this point.
The estimation of the products is controlled by the interest for it from the purchaser's side. In this manner, it doesn't make a difference that it is gold or bitcoin. In the event that Bitcoin stays with a predetermined number of coins, it will be much more rare than gold at this point.
Absolutely, simple economics wont lost you in terms of supply, price, and possible range of demands.
Anyway, I just came back here just to tell the OP how he was so wrong in so many levels or shall we say how he understimated this technology.
I think you are underestimating our group, who has been running our site for over 10 years now.
We have a very good experience with market manipulation.
Can you explain how Bitcoin went to $4,200 and dropped to $3,800 so quickly?
Do you still believe we were wrong?
Thanks for your lack of faith in us.
And so btc is down again at 3850$, after reaching 4200$ for almost a week ,it goes down in just seconds. Thats the risk when buying coins and why some are afraid to buy bitcoin even the price is low.
I was looking for the told you so's on this thread because price did pull back a bit in recent hours. I think thats normal action based on profit taking, its not an indication overall as markets are never that simple and predictable to move in just one direction for very long
So the bullish trend short term would be about 3850, if it closes / confirms above that before day end its fairly straight forward profit taking I think
So the bullish trend short term would be about 3850, if it closes / confirms above that before day end its fairly straight forward profit taking I think
Those factors that always interrupt when bitcoin gradually getting value will not disappear pal to be honest because that's how the market play nowadays and since bitcoin surge to the top .wherein there is always a blocks that trying to stop the growth rate time on time without knowing. That's why some true investor and holders here understand the situation of bitcoin and always didn't panic because of being always ready to protect their portfolio.
Yeah this kind of speculation makes prices fail and stops to rise. because it makes a lot of people afraid and hesitant to buy, but in my opinion as time goes by, speculation and the wall will definitely be destroyed, I hope the current price can exceed more than $4kI think we should be positive about bitcoins and those who say negative things about bitcoins should be ignored. We have seen bitcoin crossing 4000$ now and with passage of time it will grow further.
Those factors that always interrupt when bitcoin gradually getting value will not disappear pal to be honest because that's how the market play nowadays and since bitcoin surge to the top .wherein there is always a blocks that trying to stop the growth rate time on time without knowing. That's why some true investor and holders here understand the situation of bitcoin and always didn't panic because of being always ready to protect their portfolio.
i think bitcoin price depends on the presence of buyers and sellers or it can be said that depending on demand and supply available, when the supply of bitcoin is very limited and it is increasingly difficult to get bitcoin the price will be very expensive and certainly many people will be looking for bitcoin.More than the demand, it depends upon the news. If there is positivity in the market and overall good news are coming about crypto, it will surely make bitcoin volume and price rise.
Well, speaking of the devil is that it just pass $4k and hit $4.1k today.
Could this be the start of the bull run? I still don't trust this because somewhere around $5k below it will going to crash again back to reality. They just couldn't pump it just because of the JPM cryptocurrency hype. I still have a question of why Bitcoin suddenly pump up.
When the price of bitcoin increases, it becomes evidence that bitcoin is still used as a very attractive investment for investors. the issue of JPM can indeed be regarded as one of the actors increasing the price of bitcoin at this time. if I look at the market trend, I am optimistic that the price can exceed 5,000USD. We have all passed a fantastic Sunday at the moment, there is a big chance that might happen next week and I am very optimistic that prices can reach much higher and we will all feel lucky as one of the owners of bitcoin and other digital currencies. Could this be the start of the bull run? I still don't trust this because somewhere around $5k below it will going to crash again back to reality. They just couldn't pump it just because of the JPM cryptocurrency hype. I still have a question of why Bitcoin suddenly pump up.
Bitcoin is almost touching $4,000 and it had a small rise, but the factors that brought Bitcoin down from $20,000 to $4,000 are still there.
The price of Bitcoin seems to be too high even @ $4,000, because there isn't any fundamental behind it, the price of Gold also had a huge rise to $2,000 several years ago but it dropped 50% of its value pretty fast.
Today Gold is stable around $1,350 per ounce ... but Gold is a scarce resource, a physical one ...
Bitcoin is not, it's just means of transferring money from one to another and it has lots more competition.
So these fundamentals show the price is still bearish, the small rise from $3,600 to $3,950 is probably a correction in the market.
Does anyone agree?
**All of the above is a pure speculation.
The price of Bitcoin seems to be too high even @ $4,000, because there isn't any fundamental behind it, the price of Gold also had a huge rise to $2,000 several years ago but it dropped 50% of its value pretty fast.
Today Gold is stable around $1,350 per ounce ... but Gold is a scarce resource, a physical one ...
Bitcoin is not, it's just means of transferring money from one to another and it has lots more competition.
So these fundamentals show the price is still bearish, the small rise from $3,600 to $3,950 is probably a correction in the market.
Does anyone agree?
**All of the above is a pure speculation.
All above is pure bullshit. You made 800 posts on this forum and you have zero ideas what Bitcoin is? You dont read the forum? What are you doing here then? Bitcoins yearly mining emission will go under Gold yearly mining inflation next year. Bitcoin will become more scarce then.
Absolutely, simple economics wont lost you in terms of supply, price, and possible range of demands.
Anyway, I just came back here just to tell the OP how he was so wrong in so many levels or shall we say how he understimated this technology.
Very bullish so far, its above the 8 day average so its a good responce to passing the 50 day and staying with that momentum short term. I think this area is a good target but ultimately I was thinking about the 4500 area
Longer term there is a bit of a gap between 4500 to 6000 area. By gap I mean the space in volume left when a price moves rapidly and less people participate in its movements. I think they call this low confirmation and volume being lower also means its easier to pass through it upwards as well as the previous fall. The ironic twist to a quick fall is a large possibility for bullish action later in this area.
However! before that I think 4500 is the top for this moment, for this month perhaps. Ideally I want to see 6000 challenged properly but not expecting it immediately, we shall see
Longer term there is a bit of a gap between 4500 to 6000 area. By gap I mean the space in volume left when a price moves rapidly and less people participate in its movements. I think they call this low confirmation and volume being lower also means its easier to pass through it upwards as well as the previous fall. The ironic twist to a quick fall is a large possibility for bullish action later in this area.
However! before that I think 4500 is the top for this moment, for this month perhaps. Ideally I want to see 6000 challenged properly but not expecting it immediately, we shall see
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