Topic: Bitcoin will probably reach 4500-5000, following seasonality pattern. (Read 467 times)
November 20, 2018, 12:17:15 PM
And here again i've predicted bitcoin price with ease, most succesfull adolecent investor in my city.
June 29, 2018, 04:43:33 PM
I think most people/companies etc. will buy back massively around 5k. The market is still very uncertain and the bears like us still dominate the market according to statistics.
$5,900 is still uncertain and like the other times when its price got stuck with these $x,900's. They are too patient to wait for $5,000. June 29, 2018, 10:00:12 AM
I think most people/companies etc. will buy back massively around 5k. The market is still very uncertain and the bears like us still dominate the market according to statistics.
June 29, 2018, 02:33:56 AM
I count its worthless to make such kind of predictions on the base of previous years. Bitcoin is totally unpredictable and every day the situation can move frown feet to head. But in this current situation I rather believe you and your prediction than some other previous topic which is promising 15000$ in July.
I agree that it could happen because the market price today is already down to $5k dollars but the market is volatile so there is still a huge chance for bitcoins to grow in the future since the market price will be still depending on the peoples demand.
June 29, 2018, 02:08:39 AM
I think bitcoin is heading toward $5500 as it breaks $5850 level this morning. This weekend maybe very bloody as trading pattern is actually heading down. I think we can actually take this opportunity to buy now and makes some profits in future. Bitcoin and others cryptocurrencies going down is good for new investors to come into this market.
June 29, 2018, 01:46:36 AM
everything in the world of cryptocurrency is all likely to happen even bitcoin could have the possibility of returning to the price of $ 10 again and maybe even maybe bitcoin has no more price.
June 28, 2018, 06:49:31 PM
So that speculation can be of possibility. Bitcoin hits $5,800 again now and there's a pattern that it will go lower.
Everything is possible. I had read several similar comments when the price was 16000 , 14000 , 12000.... And now 6000. But I think this price fall will finally stop and the price rise will start.
More than that speculations and now we are near to $5,700. June 28, 2018, 06:05:15 PM
I count its worthless to make such kind of predictions on the base of previous years. Bitcoin is totally unpredictable and every day the situation can move frown feet to head. But in this current situation I rather believe you and your prediction than some other previous topic which is promising 15000$ in July.
I do not think that the market price will go down to $4k dollars because most of the people today are still investing a huge amount and they are expecting for the price of bitcoins to go back at $20k dollars or surpass it.
Everything is possible. I had read several similar comments when the price was 16000 , 14000 , 12000.... And now 6000. But I think this price fall will finally stop and the price rise will start.
June 28, 2018, 04:53:57 PM
Why do you think that there will be a bull rally for July/August? That's what I don't get.
I agree with you on the fact that we may be seeing a lower bottom soon, though. I honestly don't think it's due to any seasonal changes if it does happen, but rather, it's due to the fact that $6.7k support was already broken and doesn't seem likely that it'll hold up for a prolonged period of time.
I'm still quite bearish right now, and I think that there is still room for BTC to move downwards. But I do think that if prices crash under $6k which I think it will partly due to panic sellers, it's a good time to start accumulating.
I agree with you on the fact that we may be seeing a lower bottom soon, though. I honestly don't think it's due to any seasonal changes if it does happen, but rather, it's due to the fact that $6.7k support was already broken and doesn't seem likely that it'll hold up for a prolonged period of time.
I'm still quite bearish right now, and I think that there is still room for BTC to move downwards. But I do think that if prices crash under $6k which I think it will partly due to panic sellers, it's a good time to start accumulating.
Im not saying a bull rally, i'm saying a small pump from its lowest point. Because july/august are positive months according to 50 year average stock market pattern. Bitcoin pattern is close to stock pattern.
June 28, 2018, 12:24:56 AM
I count its worthless to make such kind of predictions on the base of previous years. Bitcoin is totally unpredictable and every day the situation can move frown feet to head. But in this current situation I rather believe you and your prediction than some other previous topic which is promising 15000$ in July.
I do not think that the market price will go down to $4k dollars because most of the people today are still investing a huge amount and they are expecting for the price of bitcoins to go back at $20k dollars or surpass it.
June 28, 2018, 12:10:51 AM
In the last 50 years,on average the June/september/october are the worst months. And are very bearish.
WHen bitcoin fell down below 6500 i confirmed that we may be following seasonal pattern, which means we could see a pump around july/august. But the lowest all time bitcoin will be around september/october.
So i put a bet on around 4500-5000 for these months.
WHen bitcoin fell down below 6500 i confirmed that we may be following seasonal pattern, which means we could see a pump around july/august. But the lowest all time bitcoin will be around september/october.
So i put a bet on around 4500-5000 for these months.
Bitcoin doesn't follow the seasonal pattern in this year, the chart almost completely different until today as the price keeps declining since February and no sign to rise anytime soon. Bitcoin price affected by many factors but news contribute to influence people, whether there are so many bad news or good news around will trigger buy and sell in the market. If there are some new development and acceptance, the price will increase soon and vice verse, we can predict the market by keep watching the latest news even though it's not 100% accurate. Can't say the price will rise or fall again, just let the market bearish or bullish in the time frame.
June 27, 2018, 03:53:21 PM
Why do you think that there will be a bull rally for July/August? That's what I don't get.
I agree with you on the fact that we may be seeing a lower bottom soon, though. I honestly don't think it's due to any seasonal changes if it does happen, but rather, it's due to the fact that $6.7k support was already broken and doesn't seem likely that it'll hold up for a prolonged period of time.
I'm still quite bearish right now, and I think that there is still room for BTC to move downwards. But I do think that if prices crash under $6k which I think it will partly due to panic sellers, it's a good time to start accumulating.
I agree with you on the fact that we may be seeing a lower bottom soon, though. I honestly don't think it's due to any seasonal changes if it does happen, but rather, it's due to the fact that $6.7k support was already broken and doesn't seem likely that it'll hold up for a prolonged period of time.
I'm still quite bearish right now, and I think that there is still room for BTC to move downwards. But I do think that if prices crash under $6k which I think it will partly due to panic sellers, it's a good time to start accumulating.
June 27, 2018, 02:23:25 PM
I count its worthless to make such kind of predictions on the base of previous years. Bitcoin is totally unpredictable and every day the situation can move frown feet to head. But in this current situation I rather believe you and your prediction than some other previous topic which is promising 15000$ in July.
June 27, 2018, 01:47:53 PM
I believe we are witnessing capitulation and the bears have the control now, and it might be followed by another long movement of nothing for two years until the next halving. Kwukduck might be right in his $3,500 target to buy back after all. Hahaha.
Kwukduck has always been bearish all his life anyway but seems this prediction would come to fruition as things are going! I would not be surprised that around $5000 is when we are going to be having some little bounce and that would actually help the general altcoin market as well during this time in their pump and dump spree and a lot of them hitting new ATH.The market for bitcoin will still go a lot lower than it is right now and I am sure looking forward to play around with that and buy more at the dip. However, asides comparing previous years, this was imminent anyway.
June 27, 2018, 12:50:18 PM
Agree. I have done some observations and validations on the price chart and what you said was correct for this year and I think Bitcoin would see another major dip this year before raising high. As you said September/October is not a bear market and I think within July Bitcoin would see a drastic dip and the price would be coming down to $5500 or less than that.
June 27, 2018, 09:15:42 AM
although bitcoin price will get down in July/August, I am not too worry about this because as far as I remember, in July/August last year, the altcoin is getting an increase so high so no matter if bitcoin is down, we can get another profit from altcoin. and after the altcoin gets a party, then it's the time for bitcoin to show the power to increase because, in the last year, bitcoin start to increase after September and still increase until at the end of the year. so maybe it will repeat like this in this year.
Problem with this year is that every coin has huge resistance, because of mass growth in late 2017. Which certainly means that it wont happen again that fast, as coins needs to reach new aths with extreme resistance. That's why i don't expect bitcoin to reach 20k this year, maybe more like 10-15k max if we get very very luckey.
The only way for bitcoin to grow again is for world mass media to report on it, like it happened in late 2017 the mass media was constantly reporting on bitcoin new ath price...
you should not even compare bitcoin with other altcoins.
their resistances are very different. when bitcoin has a resistance it is because when all things are said and done it still has usages as a currency apart from being a speculation tool. but when it comes to altcoins the reason why they have resistance is because some bag holders think just because bitcoin has gone up from 0 to 20k their shitcoin can also do the same!
rising has little to do with the resistance too. we may see a reversal just because some fresh money comes in after some big news and price can shoot up to $20k (i don't think it is going to happen but just pointing out that resistance has nothing to do with it).
June 27, 2018, 08:16:57 AM
It's a cycle all right, the question now is when's the next cycle's coming up. Basing from the recent trends, I assume it's still not on the horizon.
June 27, 2018, 07:58:45 AM
If that's what you believe then fine, everyone is entitled to their own opinion. Not all prediction is right and not all we are expecting were going to happen. Everyone might be right and wrong. Not because someone predicted it right once, they are correct in their following prediction.
Thats what it called speculation, so you only speculate by the behaviour of the bitcoin in the past month or the past year because mostly of what happen before with the same graph like what he presented is that the price goes up after. Now it is not guaranteed it is just we guessing it then if we are lucky enough then we are really good and get our profit. But as my self i do speculate so that i do have a positive thinking and not thinking those loss like this day because it really hurts.
I've seen several chart analysis today with different predictions lol. Which of these are we to believe in? This goes to show that in a market like this, anyone can make speculations and do their own ta's but how it will really play out is nothing anyone can foresee.
June 27, 2018, 06:48:10 AM
If that's what you believe then fine, everyone is entitled to their own opinion. Not all prediction is right and not all we are expecting were going to happen. Everyone might be right and wrong. Not because someone predicted it right once, they are correct in their following prediction.
Thats what it called speculation, so you only speculate by the behaviour of the bitcoin in the past month or the past year because mostly of what happen before with the same graph like what he presented is that the price goes up after. Now it is not guaranteed it is just we guessing it then if we are lucky enough then we are really good and get our profit. But as my self i do speculate so that i do have a positive thinking and not thinking those loss like this day because it really hurts.
June 27, 2018, 06:33:41 AM
although bitcoin price will get down in July/August, I am not too worry about this because as far as I remember, in July/August last year, the altcoin is getting an increase so high so no matter if bitcoin is down, we can get another profit from altcoin. and after the altcoin gets a party, then it's the time for bitcoin to show the power to increase because, in the last year, bitcoin start to increase after September and still increase until at the end of the year. so maybe it will repeat like this in this year.
Problem with this year is that every coin has huge resistance, because of mass growth in late 2017. Which certainly means that it wont happen again that fast, as coins needs to reach new aths with extreme resistance. That's why i don't expect bitcoin to reach 20k this year, maybe more like 10-15k max if we get very very luckey.
The only way for bitcoin to grow again is for world mass media to report on it, like it happened in late 2017 the mass media was constantly reporting on bitcoin new ath price...
I think that the price in 2017 is too fast to increase and makes the mass media reporting about bitcoin on everywhere and somehow, this makes many people come to bitcoin because they want to make huge money too. and with the price now which is reach $6xxx, I am not sure that we can see $20k in this year and maybe like you said, we are going to see bitcoin price increase again but now, it will at the $10-$15k level of the price. we need more power to make bitcoin increase more than $20k and now, people seem to be afraid and not confident to invest their money in bitcoin.
still, we have a few months before the end of this year and we can see what will happen at the end of this year. maybe the price will increase higher and break our prediction because people still want to make huge money from bitcoin and will push the price to increase higher.
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