I was doubting what he said but maybe he was more right than I assumed, dude maybe knows what he is talking about looking at how the bitcoin has been moving in this past week.
I still think 5k is too low for bitcoin to reach but it may get close to it one day if it continues the decline this way. This shows people how we should not have prejudice against people like tone, I was like that and I thought "who is he and why would I care about his predictions?" but now looking at whats going on I feel like dudes interview got featured for a reason because he must be someone known and maybe he knows what he is talking about. I feel like there is a silent barrier around 6k where if it goes under that then we might be in a free fall to 5k but if not breaking 6.5 anymore then we can keep going up.
Topic: Bitcoin to $5k? Tone Vays - page 3. (Read 1505 times)
If we are discussing low prices then the very extreme range possible is going to include what is quite likely a spike that does not last long. Thats normally the bottom pricing, people give up buying and it drifts and then falls before someone enters or many orders are triggered together and we realise 4500 was the bottom price afterwards. Its usually obvious because we can never get back there and everyone swears they would buy at 4500 if only it would return, hence it becomes ironic and we never see 4500 again until or unless many months later the market once again become dejected and stops buying but usually a peak completely opposite happens first.
Spike low to 4500 could happen from like 12pm drifting downwards from 6500, at 3pm it spikes down in a sudden panic sell but also these buy orders triggered and by 4pm its too late to capture any of those low prices and its already above the original normal low of 6500. The vast majority end up not getting the sub 6000 prices. Low volume in itself shows a price level was not especially stable or significant, the value prospect or less price with not much volume is jumped on by many speculators who do the work to always monitor and judge these things. But most of us are busy elsewhere sadly.
Spike low to 4500 could happen from like 12pm drifting downwards from 6500, at 3pm it spikes down in a sudden panic sell but also these buy orders triggered and by 4pm its too late to capture any of those low prices and its already above the original normal low of 6500. The vast majority end up not getting the sub 6000 prices. Low volume in itself shows a price level was not especially stable or significant, the value prospect or less price with not much volume is jumped on by many speculators who do the work to always monitor and judge these things. But most of us are busy elsewhere sadly.
I'm not saying there's no chance for it, of course there is but just like others speculation, it's not guaranteed that it could happen. That is just a theory formed based on their observation, analysis, etc. Anyone can do it and have their own theory. Even I, thought the price are also heading it's way to less than $6k since the $7k resistance has been broke and goes down but the price recovered and back at $7k again. That says it all, no one can predict accurately because of market volatility. It's up to you if you are going to believe other words or believe yourself first.
You're completely right, and Tone is also saying it's not guaranteed and that of course $6,500 could be the low. You'll hear him say "It's possible" repeatedly in his videos, just like when we were at $7,800. In the video, and many at least others, he's speculating that the highest probability scenario is for the price to go to the $5K area. I have theories ranging from anywhere between $2,500 and $6,500, but most longer-term signs for me point to $4K-$5K. Which I find it hard to believe personally, but that's at least what analysis as shown me.
That aside, I'm more interested in time based analysis surrounding the halving, than price based right now. I think it will become increasingly relevant in the coming months.
I'm not saying there's no chance for it, of course there is but just like others speculation, it's not guaranteed that it could happen. That is just a theory formed based on their observation, analysis, etc. Anyone can do it and have their own theory. Even I, thought the price are also heading it's way to less than $6k since the $7k resistance has been broke and goes down but the price recovered and back at $7k again. That says it all, no one can predict accurately because of market volatility. It's up to you if you are going to believe other words or believe yourself first.
This is the second thread I read, about Bitcoin going down, to $5000 level so far we have escaped that and Bitcoin is recovering and now reached the $7000 level again, the unpredictability of the market make these experts missed a lot of experts predictions I hope now that it recovers, it will continue to grow, we have a very long bear trend, it's time that we have a breather.
The increase in the price of bitcoin is everyone's dream, at the end of this year hope that the price that is not so good ends this year. would be great if in 2020 the price of bitcoin would continue to fly to the moon for at least $ 50K. but however we should not expect too much because the price of Bitcoin is very volatile, we still have to enjoy the flow of the rise in Bitcoin in the future. 
Hey, guys! Check this video where Tone Vays shares his opinion on future of Bitcoin's price. He considers that BTC will fall to $5k and will start growing just after that.
https://www.youtube.com/watch?v=qABFMlxnmFA
https://www.youtube.com/watch?v=qABFMlxnmFA
This is the second thread I read, about Bitcoin going down, to $5000 level so far we have escaped that and Bitcoin is recovering and now reached the $7000 level again, the unpredictability of the market make these experts missed a lot of experts predictions I hope now that it recovers, it will continue to grow, we have a very long bear trend, it's time that we have a breather.
We will see enough at the level of $7100 and as it will increase again if viewed from the direction of the graph, with many saying bitcoin will touch $5,000 it will not happen and it is still too far to go down, bitcoin will soon end this obstacle and recover soon as previously.
Expert predictions always miss what they say so it's also hard to believe in them.
Hey, guys! Check this video where Tone Vays shares his opinion on future of Bitcoin's price. He considers that BTC will fall to $5k and will start growing just after that.
https://www.youtube.com/watch?v=qABFMlxnmFA
https://www.youtube.com/watch?v=qABFMlxnmFA
This is the second thread I read, about Bitcoin going down, to $5000 level so far we have escaped that and Bitcoin is recovering and now reached the $7000 level again, the unpredictability of the market make these experts missed a lot of experts predictions I hope now that it recovers, it will continue to grow, we have a very long bear trend, it's time that we have a breather.
Most people still thinking that bitcoin will faill to $5000 but look at now the price sudden spike up to $7k level its hard to predict when bitcoin goes up or down but the good thing we have a chance to buy bitcoin at a low price before bitcoin going spike so high.
Even bitcoin didn't fall below $6500, seems people still don't want to sell at a cheaper rate, I don't want either. Whenever the price drop, buy the dip is more rational at the current price, the year the potential of bitcoin to reach over $10K in the next year, it's $3000 profit. Then, what will happen after the halving? Bitcoin surely reaches new ATH.
I am not surprised if someone says something about bitcoin price because nowadays, there are so many predictions and speculating many people have made that. But they don't know the truth about what will happen with bitcoin price, and they say like that based on what they see at the market, so they make they're predicting. We can also predict bitcoin prices like what he said and spread it to the public, but once again, we don't know the truth. We can only wait and see it later.
The low $5K area totally makes sense to me, the 200 Week MA is currently at $5K and rising, there is the 0.786 fib retracement around $5.6K, as well as previous consolation in May this year between $5.1K-$5.6K roughly. A lot of confluence basically. So if the $6,500 support level doesn't hold, I'd expect this to be the next level of support that would.
He was too negative early in 2019, he didnt spot the regular trend giving a clue of later much more positive prices. Or at least thats my recollection, I watch him a few times but I dont follow religiously. I would not presume he is correct right now but perhaps feasible in outlining a scenario possibility for BTC price direction.
Its really hard to guess on the spirit for BTC a bit like a sleeping crocodile you dont presume
Its quite explosive and very speculative in its moves but there is usually some lines it has trouble crossing day to day which form regular patterns up or down.
This is fair advice/strategy tbh - https://youtu.be/qABFMlxnmFA?t=359
Its really hard to guess on the spirit for BTC a bit like a sleeping crocodile you dont presume
Its quite explosive and very speculative in its moves but there is usually some lines it has trouble crossing day to day which form regular patterns up or down.This is fair advice/strategy tbh - https://youtu.be/qABFMlxnmFA?t=359
Hey, guys! Check this video where Tone Vays shares his opinion on future of Bitcoin's price. He considers that BTC will fall to $5k and will start growing just after that.
He is somewhat popular as a researcher and analyst. May be he is right? But the point is how concrete his claim is. Anyway, still ain't nobody knows on what will be the bitcoin situation at a certain time though, it is just like we are riding in a wave in which no one controls it. Furthermore, we can claim whatever we wanna say about crypto future but it is only about that. The real game rely upon what the situation holds, anyway.
Hey, guys! Check this video where Tone Vays shares his opinion on future of Bitcoin's price. He considers that BTC will fall to $5k and will start growing just after that.
https://www.youtube.com/watch?v=qABFMlxnmFA
the price reduction actually happened, but after going down, the price recovered to $ 7000. I quite hope that the predictions are wrong about this. I hope the price of $ 6500 achieved a few days ago is the lowest price this month. although the predictions are close to that, I really hope that the price of bitcoin does not go down to the price of $ 5,000. I think the price of $ 6500 is enough to put emotional pressure.however, the price of altcoin is also affected due to the decline. hopefully, prices will go up from here.https://www.youtube.com/watch?v=qABFMlxnmFA
Many people don't want that to see since it's totally depressing to see those price to come up, And it's great to see those recovery since it gives confidence to the future since if this good performance continue then provably the $5000 predicted fall will gone and the positive price up will be the one speculated by the people here.
Let's stay positive and those emotional pressure should be taken down so that we will not get any stress.
Hey, guys! Check this video where Tone Vays shares his opinion on future of Bitcoin's price. He considers that BTC will fall to $5k and will start growing just after that.
https://www.youtube.com/watch?v=qABFMlxnmFA
the price reduction actually happened, but after going down, the price recovered to $ 7000. I quite hope that the predictions are wrong about this. I hope the price of $ 6500 achieved a few days ago is the lowest price this month. although the predictions are close to that, I really hope that the price of bitcoin does not go down to the price of $ 5,000. I think the price of $ 6500 is enough to put emotional pressure.however, the price of altcoin is also affected due to the decline. hopefully, prices will go up from here. https://www.youtube.com/watch?v=qABFMlxnmFA
Those speculators and speculator wannabe can speculate all they want but fact is, no one can precisely predict how much price of Bitcoin will be in the next couple of days, just look at what happened at the price of Bitcoin yesterday and today, the price went back to $7,200 while the other days some are claiming Bitcoin is dead again. Just hold and sell when you reach your target.
Do you believe? I have another person's prediction video that says bitcoin will rise to 50k, 100,200,1000k.
so which would you believe?
actually no one knows for sure and it's only speculation from him, everyone can even make their own predictions, so don't believe too much that there are no predictions that are really accurate.
Yes, nobody knows exactly what will happen next. In fact, so many speculations have been created but the fact that we are in the volatility market, no one could point out the accurate value( or even just in a day). It is to think that speculations can't be trusted at all, even though they are experts but as what many say, nobody could ride the price and tell everyone that this is the price for the next hours... so which would you believe?
actually no one knows for sure and it's only speculation from him, everyone can even make their own predictions, so don't believe too much that there are no predictions that are really accurate.
Hey, guys! Check this video where Tone Vays shares his opinion on future of Bitcoin's price. He considers that BTC will fall to $5k and will start growing just after that.
https://www.youtube.com/watch?v=qABFMlxnmFA
If in the next few days BTC continues to fall below 5800$ then I think it will quickly drop below 5000$ soon. But fortunately, the BTC price is recovering from the bloodshed today. I hope things do not get worse, 6400$ is a suitable bottom for 2019. https://www.youtube.com/watch?v=qABFMlxnmFA
Do you believe? I have another person's prediction video that says bitcoin will rise to 50k, 100,200,1000k.
so which would you believe?
actually no one knows for sure and it's only speculation from him, everyone can even make their own predictions, so don't believe too much that there are no predictions that are really accurate.
so which would you believe?
actually no one knows for sure and it's only speculation from him, everyone can even make their own predictions, so don't believe too much that there are no predictions that are really accurate.
$5000 is not that unrealistic. I could see it drop that low but I would be surprised to see it go much lower if at all. I believe that as we get closer to the halving, the price will gradually increase.
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