Bitcoin Will Surge to 62k! - page 2.

1Referee

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Quote from: pealr12 on June 18, 2019, 10:38:42 AM

No one knows what will happen to bitcoins price . Ive seen the video of ivan tech on youtube and on social media sites regarding this prediction that bitcoin will be on a bull.run and will hit $60k.

That guy is just rehashing what the general sentiment is amongst people. He doesn't know a single thing more than you or anyone else when it comes to what the price will do. Don't let his subscriber count think you he's an expert or guru. He definitely is not.

Quote from: pealr12 on June 18, 2019, 10:38:42 AM

Is this the time to accumalte bitcoin?

Where were you when the price was hovering below the $4000 level? Roll Eyes

Best accumulation is when you buy Bitcoin when people don't want to touch it even with a stick. Right now the noobies who didn't dare to buy Bitcoin (probably because they thought it would go to zero) are now getting tempted again.

Quote from: pealr12 on June 18, 2019, 10:38:42 AM

Sell my altcoins and put it on bitcoin?

I think you're too late already since most altcoins have taken a massive dump in terms of their BTC value. It's up to you of course, but use your fiat to buy Bitcoin.

harizen

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Quote from: Muzika on June 17, 2019, 10:04:15 PM

This is some sort of speculation and some sort of technical analysis, do you believe that this might happen, for me the former ATH is possible but if this will happen it will truly shock the industry and the people who does not know crypto yet.

I will just include it to another list of speculations we have. The same approach to others analysis around, no one knows what will happen.

Reaching another ATH is always possible even during times of the year-long bearish market. Therefore, it has always rooms to happen. The question is "when".

Some of the recent technical analysis is based on bitcoin's price recent movement and behaviour. Since we can clearly see the dominance of green candles, expect that most analysis will always be pointing upwards. It will create a good hype resulting for more buying action. But always remember that the momentum can be spoiled anytime. I like how the price is behaving this year, not making a quick jump but also has some dips along the way. Slow progress with strong foundation compares to 2017 hype. I don't mind waiting for more years just to reach another ATH. As long as every price level established a good foundation, we can't expect that there will be no such thing as a big crash that will happen on the way. Don't want to see bitcoin price reaching below $3,000 after many years of withstanding the volatility.

creeps

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Quote from: LFC_Bitcoin on June 18, 2019, 07:02:06 AM

Quote from: philipma1957 on June 17, 2019, 10:53:48 PM

I see 20-30k by April 2020

Me too, April is approx one month before the halving. When the halving starts to take effect (post halving) we could see $100,000 per bitcoin, I’m thinking around a year after the halving.

We’ve been talking about the halving and yes I’m also thinking for that price to hit. This year $15k will be the peak, and next target is to create new ATH on the early part of 2020 as many hodlers wants to hold more. $62k for bitcoin should begin after the halving, we have to take it responsibly so hold more if you can now.

BitHodler

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Quote from: rhomelmabini on June 18, 2019, 07:22:56 AM

I am awaiting for 2020 that if $500k will not happen John McAfee will eat his dick on national TV.

If you think he meant it you're probably just as far gone as he is. McAfee has already denied having made predictions in the past, where he even claimed that it were imposters having made these predictions. Cheesy

I honestly believe that the best way to deal with this market is to at least hodl until we're close to the $20k mark, or until the block halving takes place (whichever comes first).

People securing profits hoping to buy back 25-30% lower have been doing bad because the correction they have been waiting for didn't happen. It's always in hindsight that people regret not having held longer. Don't make that mistake again.

Reid

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It could happen but who knows when.

I do not believe in the timeline that is given by any analysts. Hell, I do not even have my own.
20k is almost an earth shaking price that really made the world to know what bitcoin is.
Now 62k price speculation? That might make a chaos to the financial industry.

I would very much like to see the fall first after we hit a 20k price. The buyers from that amount is still in queue by now. They are in the shadows waiting for the right time to dump it and then maybe going back to sleep after a long wait.

serjent05

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It would be best if this so called expert show reasons why Bitcoin will go to that price not just some history telling stuff. It would be great if this experts detail us how Bitcoin will break this 10k, 15k ...60k resistance. Since they have their crystal ball, why not tell us the next event of why this resistances will be broken and eventually Bitcoin going to 62k this year.

Remember.. Bitcoin had shamed lots of expert TA people. That is just one incident and there are way more.

mersal

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Looks too much for me but its kinda possible when the bullish trend keep continues.For example lets take last 24 hour price increase it was nearly $1000 if that growth continue for months definitely we may see some crazy price for it.

Just hope for this prediction will come true,until strong hold. Grin

omonuyak

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Quote from: Muzika on June 17, 2019, 10:04:15 PM

"Although theories regarding any massive parabolic movements in the near-future remain purely speculative, one prominent analyst is now noting that Bitcoin could surge to above $60k based on historical price movements, which could happen as soon as Fall of this year."

-https://www.newsbtc.com/2019/06/18/bitcoin-historical-analysis-signals-that-btc-could-surge-to-62k-later-this-year/

This is some sort of speculation and some sort of technical analysis, do you believe that this might happen, for me the former ATH is possible but if this will happen it will truly shock the industry and the people who does not know crypto yet.

I wish that to happen and I have made up my mind to keep holding till then. I have set 25% of my 2017 gain as a saving am my aim is to become very rich through cryptocurrencies before 2025. I believe that the little we have now are going to turn to millions in dollars in some years to come.

pealr12

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No one knows what will happen to bitcoins price . Ive seen the video of ivan tech on youtube and on social media sites regarding this prediction that bitcoin will be on a bull.run and will hit $60k. Is this the time to accumalte bitcoin? Sell my altcoins and put it on bitcoin?

BrewMaster

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Quote from: LFC_Bitcoin on June 18, 2019, 07:02:06 AM

Quote from: philipma1957 on June 17, 2019, 10:53:48 PM

I see 20-30k by April 2020

Me too, April is approx one month before the halving. When the halving starts to take effect (post halving) we could see $100,000 per bitcoin, I’m thinking around a year after the halving.

yeah, people these days are so busy with the small ups and downs and all the FUD that they are feeding them that they have missed the bigger picture that this year, no matter what the price is, they have to accumulate if they don't want to miss out on the big boom that is coming in 2020 due to halving and all the additional stuff that we are having.

El duderino_

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Quote from: philipma1957 on June 17, 2019, 10:53:48 PM

I see 120-130k by April 2020

I see^a little later Cheesy

Of-course we all see and see but just will stick with the narrative that what BTC will provide us...

@This moment i'm already happy with what is going on!

YuginKadoya

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Don't just believe in everything the news or article can offer anything can happen with the price of bitcoin and if they are looking at the recent movement of Bitcoin then they can be half percentage correct about it, But the price of bitcoin had a big possibility to simply go $10,000 USD next week or even the other day, But in my opinion just rest and think about the real possible outcome it can get, and wait for the next movement to come.

rhomelmabini

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I am awaiting for 2020 that if $500k will not happen John McAfee will eat his dick on national TV. If at least beating the ATH happens I'll be happy about it, because that's more realistic, FOMO will happen again on the market.

LFC_Bitcoin

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Quote from: philipma1957 on June 17, 2019, 10:53:48 PM

I see 20-30k by April 2020

Me too, April is approx one month before the halving. When the halving starts to take effect (post halving) we could see $100,000 per bitcoin, I’m thinking around a year after the halving.

Pursuer

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Where is my ring of blades...

hold your horses... let us first break the first major resistance at $10k and start targeting the previous ATH before coming up with new ATH predictions not to mention that it is impossible to predict them since by the time we are seeing a new record there is such as surge and lots of money flowing in that the resistance is practically nonexistent so price can stop at any level. just like the $20k was unpredictable.

wheelz1200

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Bitcoin will not always follow the same path as it did before. It night follow a similar path but I expect more people to take profits along the way which will provide greater resistance. I could be wrong and it could spike higher than that. But psychologically it is tough to keep bitcoin profits that high on "paper" for a lot of people.

Wilhelm

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I'll take the 62k Cool

Vaskiy

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We can come across more price predictions over the days as bitcoin has gained good momentum crossing $9000. To cross the $9000 barrier it underwent several price corrections. Possibly what we experience in the market is the real growth without any form of price manipulation from the whales. As the market looks bullish, can expect some form of manipulation from whales over the weeks.

jossiel

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They will come out again as the market shows dominance again. $62,000 is of possibility but for this year, I don't see it happening. These predictions that comes out from these 'experts'. I think it's more of giving that emotion to the people and say 'hey come in, we're mooning soon'.

So that people will FOMO and will start buying.

adaseb

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BTC does have crazy FOMO periods where there is basically no sellers and people are paying crazy prices to buy some. This is why when BTC broke $10K last time, it very quickly went to $20K.

I remember bitcoin ATMs were pretty much running out of coins to sell, if you wanted to sell BTC for fiat they even waived the fees for you. There is also the exchanges which had to pause signups because they couldn't deal with the huge demand.

So yes $62K is possible but I think we might get $12-13K instead, something more conservative.

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