Bitcoin prices are always ready to explode, the buy prices and sell prices are basically what makes it go down or go up (or even stay at the same price) either the sellers (mostly miners) stop selling or buyers deciding to buy more could make the price go up so much. That means we need a reason for bitcoin holders to not sell or a reason for people to buy bitcoin at large amounts.
If bitcoin could get into a position where that happens than bitcoin price would explode and we would watch another huge all time high hit again. However it is not an easy task to find a reason to tell people "not to sell" their bitcoins, that only happens if they think bitcoin is worth more than what it is today and honestly we can't find a reason why it should worth more than it is today. As soon as we find that and sellers read it, we will go up yet again.
Topic: Bitcoin prices are being settled to explode ? (Read 792 times)
Bitcoin is still likely to pump but for the price of 20k it is still difficult to occur because the market is still very weak.
I do agree with this comments, bitcoin is likely to grow but very difficult to get to $20,000 this year because of the current movements we are seeing. Bitcoin is not doing too well this days and we should expect another explosion maybe from the end of this month. The ethereum hardfork that we thought will affect cryptocurrencies price positively do not really have much infect and we wait for the next event. 
Lets face it as much as we want Bitcoin to reach $20,000 again,
It is really impossible this year it is hard to make it back there at it's current price and current market,
Let's just be happy that it isn't going down but let's hope for a steady growth.
It is really impossible this year it is hard to make it back there at it's current price and current market,
Let's just be happy that it isn't going down but let's hope for a steady growth.
Bitcoin is still likely to pump but for the price of 20k it is still difficult to occur because the market is still very weak.
I do agree with this comments, bitcoin is likely to grow but very difficult to get to $20,000 this year because of the current movements we are seeing. Bitcoin is not doing too well this days and we should expect another explosion maybe from the end of this month. The ethereum hardfork that we thought will affect cryptocurrencies price positively do not really have much infect and we wait for the next event.
We are still very far from the last all-time-high. So I don't know how will the price explode again. What we need is institutional money to flow again. However, it's not easy as it sounds, it looks like they're all waiting and not willing to go in because there's no catalyst whatsoever to push the price again.
So it will take a lot of time to even get to 5 digits. The good thing though about this market is that we only need one positive news that will really catapult the price to even go higher than the previous all-time-high. Probably 2-3 years down the line, the price could explode but not this year though.
So it will take a lot of time to even get to 5 digits. The good thing though about this market is that we only need one positive news that will really catapult the price to even go higher than the previous all-time-high. Probably 2-3 years down the line, the price could explode but not this year though.
From the last three months prices of Bitcoin are range bound and hovering around 3600$ .It seems that the prices are settled and waiting for the uptrend movement . Is it the start of the journey towards 20000$ again?
Two possibilities either the price bumps and bull run will gets started or we are going to face another dump.But its all for the short term youmay get the chance of price increase in long term.Nothing can still be sure about it because we know BTC always behaves unnaturally. Whatever comes, we should always be prepared about it and think positive so that it may have some hope of a better results.
Well i think that if ever there's still going to be a decline, it's not going to be as bad as the previous ones. We have little room to go down now and what's left is for us to move upwards. It's just that we may head that direction slowly and lazily unlike the aggressive run we had last 2017. I doubt if we'll see many runs like that again.
From the last three months prices of Bitcoin are range bound and hovering around 3600$ .It seems that the prices are settled and waiting for the uptrend movement . Is it the start of the journey towards 20000$ again?
No, people have been speculating this for some time and I am sure that if that does not happen we are going to have the same discussion during the next month and the month after, the market is not going to move exactly as it did in the past, we are going to need years for the confidence of investors to comeback to the market since they are not going to forget that easily about the huge crash they saw or experimented so a bull run does not make sense now.Remember the bull market is created by the people and if you take the time to read articles over the Internet about the future of cryptocurrencies you will see that many people are not as positive as before about the future of this market.
Hello, the way to 20k $ is still long and demanding. We will get through gradual steps and overcoming borders /5k - 10k .../ that do not come so soon.
Despite constant criticism and great competition from other cryptos, Bitcoin undeniably has its benefits, ensuring its value will continue to rise. Perhaps for decades.
The question is, how long will it take to get to $ 20k.
Despite constant criticism and great competition from other cryptos, Bitcoin undeniably has its benefits, ensuring its value will continue to rise. Perhaps for decades.
The question is, how long will it take to get to $ 20k.
From the last three months prices of Bitcoin are range bound and hovering around 3600$ .It seems that the prices are settled and waiting for the uptrend movement . Is it the start of the journey towards 20000$ again?
Two possibilities either the price bumps and bull run will gets started or we are going to face another dump.But its all for the short term youmay get the chance of price increase in long term.Nothing can still be sure about it because we know BTC always behaves unnaturally. Whatever comes, we should always be prepared about it and think positive so that it may have some hope of a better results.
Bitcoin is still likely to pump but for the price of 20k it is still difficult to occur because the market is still very weak.
Well I think it is not going to happen this quickly...
The price needs to settle down (which is what it is currently doing) and keep it's ground.
However we will only be sure where the bottom was once we're past it and look in the rear mirror.
One would think with all the Bakkt, ICE, nasdaq things in the pipeline on pirce will only rise...
I'm thinking 2019 Q4 could be when things turnaround
The price needs to settle down (which is what it is currently doing) and keep it's ground.
However we will only be sure where the bottom was once we're past it and look in the rear mirror.
One would think with all the Bakkt, ICE, nasdaq things in the pipeline on pirce will only rise...
I'm thinking 2019 Q4 could be when things turnaround
When i hear the word explode the first thing that comes to my mind is increasing in an un control manner but what i see right now is the opposite . bitcoin is explodding in a reverse manner because the price is decreasing from time to time .
I dont know if you are still checking the price of cryptos these days or you are just blinded by the truth . we arent going to ath but we are rather going to atl .
Yes, we are in the declining scheme and yet, preparing for another spike isn't on that way. I know people are still expecting for skyrocketing and they keep that in there mind just to give them hope and encouragement. We can't stop them to think like that since they are inspiring their self. Yeah mate, I think we are going towards a new ATH. Looking forward to that!
I dont know if you are still checking the price of cryptos these days or you are just blinded by the truth . we arent going to ath but we are rather going to atl .
In the state of our market today, definitely its hard to make another ATH again.
When i hear the word explode the first thing that comes to my mind is increasing in an un control manner but what i see right now is the opposite . bitcoin is explodding in a reverse manner because the price is decreasing from time to time .
I dont know if you are still checking the price of cryptos these days or you are just blinded by the truth . we arent going to ath but we are rather going to atl .
Yeah mate, I think we are going towards a new ATH. Looking forward to that!
I dont know if you are still checking the price of cryptos these days or you are just blinded by the truth . we arent going to ath but we are rather going to atl .
If this is the beginning of the journey to $20000, it will last a very long time, because I think we have no chance for a new ATH in 2019. After such a difficult period, we need several months of stabilization so that investors return with fresh money.
There is no way we will touch the all time valuation this year but we will see the recovery process by August and that is what i am looking forward to, but i do have a doubt whether the market will go down from this situation before the recovery process, i saw some predictions calling for sub $3k before the market recovers for the next rally and with the halving coming up i expect the price to climb gradually before the explosion possibly next year or by 2021, either way i am bullish in the long term. 
Using Tim West's TAM system, we formed a ~2-week mode around $3,600. When we broke down from that mode 2 days ago, it triggered a downtrend and I wouldn't have been surprised to go right back to $3,100.
The fact that we're just meandering around $3,400 and not dropping suggests bears are failing. If we break the $3,475 local high I'll probably flip back to being bullish. I'm still waiting for my wave up to the $5,000s
The fact that we're just meandering around $3,400 and not dropping suggests bears are failing. If we break the $3,475 local high I'll probably flip back to being bullish. I'm still waiting for my wave up to the $5,000s
I don't mind you waiting, bro
And while you patiently wait for the rise, I will continue shorting everything which has price above 100 dollars using regular Bitcoin as a cover for my shorts, and will probably even add a little to my small Bitcoin short position as well on the way up (provided the surge to 5k ever comes about). I have a strong feeling that all altcoins will soon be worth no more than 50 dollars per coin (I mean the ones which are higher than that price at the moment)
From the last three months prices of Bitcoin are range bound and hovering around 3600$ .It seems that the prices are settled and waiting for the uptrend movement . Is it the start of the journey towards 20000$ again?
Two possibilities either the price bumps and bull run will gets started or we are going to face another dump.But its all for the short term youmay get the chance of price increase in long term.
Yeah mate, I think we are going towards a new ATH. Looking forward to that!
From the last three months prices of Bitcoin are range bound and hovering around 3600$ .It seems that the prices are settled and waiting for the uptrend movement . Is it the start of the journey towards 20000$ again?
If this is the beginning of the journey to $20000, it will last a very long time, because I think we have no chance for a new ATH in 2019. After such a difficult period, we need several months of stabilization so that investors return with fresh money.
I think that currently no one can't predict how the price will move in the next period. Many are also reluctant to predict any price rise and especialy not some big explosion, it's just not realistic. It's more likely that the price will stay in current range at least by the end of first quarter and investors are still very careful. Still my opinion is that everyone is too much focused on price only and the more time will pass and expectations will not be fulfilled, the more users will be disappointed with possibility to quit Bitcoin.
Using Tim West's TAM system, we formed a ~2-week mode around $3,600. When we broke down from that mode 2 days ago, it triggered a downtrend and I wouldn't have been surprised to go right back to $3,100.
The fact that we're just meandering around $3,400 and not dropping suggests bears are failing. If we break the $3,475 local high I'll probably flip back to being bullish. I'm still waiting for my wave up to the $5,000s....
The fact that we're just meandering around $3,400 and not dropping suggests bears are failing. If we break the $3,475 local high I'll probably flip back to being bullish. I'm still waiting for my wave up to the $5,000s....
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