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Topic: BTC which price it's heading next? (Read 1106 times)

vintages

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Quote from: fireball4 on January 17, 2020, 05:26:00 PM

Everybody, of course, hopes bitcoin will continue to grow. So they're able to benefit. Yet Bitcoin's value is actually stable at $7000. Hopefully the start of the new year later bitcoin will start pumping again and reach a $13,000 price. And almost all Bitcoin investors expect Bitcoin to hit $20,000 in May 2020 after Bitcoin's half down. Ideally in the bull market, 2020 will be the year.

There is no way the price of Bitcoin will continue to grow without a price dip. If we see that continuous price pump without a fluctuations of price dip, its an unhealthy sign for the market.
Moreover, giving an exact price of 20k when Bitcoin half in May is still uncertain. We are not sure if it will pump the price to that exact amount. We are not even sure if there will be a price pump. Nevertheless, we look at the brighter side.

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I don't think there's going to be a huge spike this month in the price of Bitcoin, because people are going to turn some of their coins into fiat. Perhaps Bitcoin won't reach nine grand unless there is going to be a trend that will affect the market. In my view, as the next halving is closer, we should take this opportunity to acquire more Bitcoins. Halving, perhaps after this incident there will be some big changes so I guess it's better to be prepared before it's too late.

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Quote from: bitzizzix on January 15, 2020, 06:14:28 AM

Quote from: samuraijin on January 15, 2020, 02:52:27 AM

Quote from: Shinpako09 on January 14, 2020, 04:42:24 AM

Quote from: samuraijin on January 14, 2020, 04:06:29 AM

finally I can comment on this thread after some time, now the price of bitcoin touches $ 8500 and it has crossed the resistance line of $ 7600, so what do you think now sees the next bitcoin price? I would say the price of bitcoin will touch $ 10k before bitcoin halving, do you think the same thing with me

We can assume $10k before halving atleast for now because the price is doing well. If you will think of the current situation, $10k is really achievable but we all know it's not always like that. I've been taken what happened last year. We don't know what will happen along the way that can possibly upset most of us. For me, it's better to wait for greatness after halving where in it has a better and higher chances of happening. If we touched $10k before halving then it's more than a good sign.

yes it's just that the price of bitcoin takes time slowly to take $ 10k, it seems like many investors and big traders are enjoying the moment gradually coming out of this bear market, we see that since yesterday there was no drastic decline that indicates bears have been hit out of the market, indeed no one knows when bitcoin reaches ATH but we can analyze it well at this time

Lately, the movement of bitcoin tends to increase and although slowly but surely, and in my opinion to reach $ 10K in the near future will be achieved and although not in the near future but this year will reach $ 10K or exceed that price.
and indeed to reach ATH no one can find out but if we look at the graph of the movement of bitcoin I am sure and optimistic that the next will continue to increase to reach the highest price.

bitcoin is down now but not too deep as we see that it looks like the bears have come out of the market, just a small correction where the price of bitcoin won't touch again below the price of $ 7000, i'm not sure at the end of the year but it could reach above $ 15k if Lots of good news coming to Bitcoin soon

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Quote from: kapalmabur on January 15, 2020, 06:33:27 AM

if you want to $ 10000 resistance $ 9000 must be passed, this seems to be going smoothly, see the market looks very bullish, altcoin also shows a very extraordinary increase

It doesn't seem like it's going to be that easy, bitcoin needs more encouragement to reach $ 10k. at the moment bitcoin has lost most of its energy and is unlikely to pass $ 9k anytime soon. bitcoin membutuhkan waktu untuk mengumpulkan energi dan mencapai $ 9k bahkan lebih dari $ 10k.

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My preddiction based on the data sources I have, also a few people working in the hardware industry is, that the bitcoin is going to jump in 2021 , but lets see ... The average price can be 16k+

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Quote from: kapalmabur on January 15, 2020, 06:33:27 AM

Quote from: Questat on January 15, 2020, 06:21:39 AM

Quote from: bitzizzix on January 15, 2020, 06:14:28 AM

Good or better that way, we don't have to push things faster if we want to see a stable price of BTC.
As btc rise, there could be a possibility of it dropping again but as long as it bounce back, that's always nice to watch.

In the first quarter regardless on how the price will move, I am very much expecting that at least btc will reach $10,000.

if you want to $ 10000 resistance $ 9000 must be passed, this seems to be going smoothly, see the market looks very bullish, altcoin also shows a very extraordinary increase

Two days later I keep trusted with bitcoin could raise above $10,000 and more because many moment where bitcoin back with higher price, when bitcoin have been raise with $10,000 looks difficult back with lower price and right now still have bigger chance for investing with bitcoin and hold for several days later to get bitcoin with higher price and have much profit with bitcoin investment.

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Quote from: Questat on January 15, 2020, 06:21:39 AM

Quote from: bitzizzix on January 15, 2020, 06:14:28 AM

if you want to $ 10000 resistance $ 9000 must be passed, this seems to be going smoothly, see the market looks very bullish, altcoin also shows a very extraordinary increase

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Quote from: bitzizzix on January 15, 2020, 06:14:28 AM

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Quote from: samuraijin on January 15, 2020, 02:52:27 AM

Quote from: Shinpako09 on January 14, 2020, 04:42:24 AM

Quote from: samuraijin on January 14, 2020, 04:06:29 AM

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Quote from: Shinpako09 on January 14, 2020, 04:42:24 AM

Quote from: samuraijin on January 14, 2020, 04:06:29 AM

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Quote from: samuraijin on January 14, 2020, 04:06:29 AM

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Quote from: gabbie2010 on January 14, 2020, 12:09:10 AM

Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

on 18/12/2019, BTC found strong support around the $6500 area with strong seller rejection, now price has rally to $7100 with resistance around $7,300 to $7,600, where you think it's heading next? Huh Huh

The hype about halving of bitcoin and increasing hashrate has already triggers a bullish movement of the price of bitcoin having been rejected at the support zone of $7300 to $7600 contrarily to some analyst who predicted the price to dipped to $5600, the next from bus stop from my own point of view should be at $10,000 before another correction.

Bitcoin bounced back strong, no doubt we are already in the bullish market now.

Happy to see it back to $8500 again and from here, we need to see some spike by breaking the resistance, are you ready for the next move?

have you seen this people?

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Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

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Recently, the price has gone down and up, showing that the bottom has been reach, at least to me it's like that, but it doesn't have to be like that, just my view. Therefore, if I'm correct and we went down but couldn't get much lower and the price went up that means the price couldn't get any lower and there wouldn't be any more market issues. Correct now, I see an easy 10,000 market projection and could even reach more than $20,000 by the time it comes to half. As I said before, I'm not suggesting this will definitely happen, but at the moment bulls are getting bigger and bigger from what it looks like in the markets.

After what it seemed the beginning of something big the growth in the price was stopped on its tracks and we are back below 8000 if the price closes below that price then most likely we are going to be trapped in a range once again and we will have to wait for the opportunity in which this changes, but take advantage of this opportunity, right now it does not seem like it is right to use a strategy looking for big profits and instead we should use a strategy to trade ranging markets.

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Quote from: vendetta009 on January 06, 2020, 10:32:05 PM

BTC is holding at a interesting price level 7.9k, if it break up , we can be looking at 10k

It did already break up but price don't pump to $10K but good to see that we stayed still at $8,000 now.. soon enough if that support is strong, we will be able to test the resistance many times until we break that big barrier, but I don't expect much as I learned from last years.

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Quote from: vendetta009 on January 06, 2020, 10:32:05 PM

BTC is holding at a interesting price level 7.9k, if it break up , we can be looking at 10k

You are right it is making progress but I think it has more potential to raise more than this. &7k is not such high price for bitcoin holders because people saw bitcoin increasing more than $20k so they are not going to sell it earlier than 10k at least so we will have to wait for a good time as it’s not sold worthy price for bitcoin I think soon we will get good news from market.

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BTC is holding at a interesting price level 7.9k, if it break up , we can be looking at 10k

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Quote from: vendetta009 on January 05, 2020, 08:12:50 PM

Yea, i'm looking at the $7.6 to 7.8k resistance zone as well, if it breaks and hold, we might expect a bull run to i think 10k

Quote from: Wexlike on January 01, 2020, 01:24:02 PM

Quote from: TitanGEL on January 01, 2020, 04:12:48 AM

There is a price rejection around $7700 and in that area bitcoin having hard time to surpass it because of the selling pressure. The price of the bitcoin is still consolidating in the area between $6000-$7700. I'm waiting if the price will breakout or breakdown. If the price breakout then it is a good sign that the bearish market will en but if the price break down then it is a bad sign because the demand is decreasing.

The resistances zones are always a good catch to watch. To be honest, I would be very surprised if we revisit the low 6k$ again. So the more interesting target is the upper resistance band at around $7600-7800.

I was thinking that March is the breakthrough month for the market, I'm not analyzing based on the market past history but more so on the general sentiment of investors, some investors are late buyers and this happen two to three months before the halving, but I'm pleasantly surprise that we have a little pump ongoing, but I still doubt if this is the start.

vendetta009

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Yea, i'm looking at the $7.6 to 7.8k resistance zone as well, if it breaks and hold, we might expect a bull run to i think 10k

Quote from: Wexlike on January 01, 2020, 01:24:02 PM

Quote from: TitanGEL on January 01, 2020, 04:12:48 AM

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Quote from: Cacingkemi on January 01, 2020, 12:54:37 PM

Quote from: Silberman on January 01, 2020, 11:55:49 AM

Quote from: Rasa nanas on December 30, 2019, 10:16:16 AM

in my opinion the price of bitcoin is trying to break through $ 8k now, but there is no strong push to reach that price now. this year will close with a price range of $ 7k, then after that bitcoin will again try to penetrate $ 8k. if next year it can reach $ 8k it is likely that the price of bitcoin will continue to go up to the price of $ 10k.

That is still very difficult, even if the price right now has remained flat for some weeks the trend is still negative so it will take a massive effort for the bulls to make the price so high and I do not see an excitement anywhere near what it was months ago, also I think it is in the best interest of investors to let the price of bitcoin to go even lower so they can buy even cheaper as newbies begin to get rid of it because they are disappointed with the results they are getting.

I think there is an opportunity to increase the price a little at the beginning of 2020, due to the high enthusiasm of the crypto holders in the previous year who were hoping that there would be an increase at the end of 2019 yesterday, but the fact that the market price is quite stable cannot increase its value until the end of last year. after entering early 2020 some potential altcoins experienced a slight increase and caused the market to go green again, maybe this is a good sign after entering earlier this year.

For a moment it seemed as if the price was going to go down but now it has reached a price above 7400 but this is where things will begin to get interesting, the price of bitcoin has tried to break away from that level for some time and it has been unable to do it if it fails again then the price will go down again, it seems neither the bulls or the bears have the strength to make the price to do as they wish and the first one that gives up will give us insight in the direction the market will take.

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Quote from: TitanGEL on January 01, 2020, 04:12:48 AM

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Quote from: Silberman on January 01, 2020, 11:55:49 AM

Quote from: Rasa nanas on December 30, 2019, 10:16:16 AM

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Quote from: Distinctin on January 01, 2020, 01:00:46 AM

Just like what @LeGaulois said, it can be going to $10k or another downtrend. No definite direction, that is how the market moves. Not even an expert could see what will happen next. It will be lucky if the market will gain massive support as it comes into maturity but couldn't think also how the people will show their trust this 2020 halving.

Yes, it would be a bit of relief if the market gets benefitted by halving which is the only positive event which could provide an upward trend but again as you have mentioned even an expert cannot predict what exactly is going to happen as there were some altcoins which didn't have any positive impact on their price even after halving. One thing is sure that the market will either take a dip or pump up rather than stability.

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Quote from: LeGaulois on December 31, 2019, 02:31:48 PM

January 1: $3700
December 30: $7200

It's all that matter for this year, but talking about 2020 I don't see any good indicator as some users said. The ROI in 2019 look like less a bubble, so perhaps it shows us a market maturity, and who knows if this supposed maturity could help Bitcoin to attract new people. But I'm not so optimist as some of you are.

I can even smell the year starting with another downtrend

most of 2019 looks to me like recovery phase as the reverse bubble pops and price comes back up from its depth of undervalued state. then the small rise starts as price goes back above $10k and we already had a big ass drop (50%) to correct that rise too.
everything points to a rising price in 2020.
now add to that the hype that halving brings then add the actual reward (fresh supply) being cut in half and you can see there is no other way but rise.

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Quote from: BitcoinHunt3r on December 30, 2019, 10:59:30 AM

I will say $10k, but this is not analysis. Only speculation because after this phase already passed, bitcoin bull run will start to ignite and then it is possible for bitcoin price to reach that price. Especially if halving news spread around a lot of countries maybe new people can curious and start to buy bitcoin.

Yes, sure Bitcoin can do a lot of things surprising. $10k? It could do the opposite too. And here people expect too much from BTC halving. If you look around the crypto community (other than here) you will see less excitement.

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Quote from: plvbob0070 on December 31, 2019, 04:00:21 AM

Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

I just visit the market and the price of bitcoin still stays at the price of 7200$ - 7300$. We don't know where it will be heading but it's good if the price will going higher. Today is the last day of 2019 and I hope this coming 2020 we can see an upward heading of the price. Since the price remained at the price of 7200$ we can expect that in the first quarter of year 2020 we might witness a stable or dump price but I guess while approaching in the date of halving we can see a pump on the price of bitcoin.

Meaning we are in good state of market condition since even though we are in bearish season we maintain the price stability which I think a good indicator of a good frame for the next 2020 bull run. And if you can see the recent price indicators show it provide a good liquidation that we will gonna see a good price figure when halving days nearly come so best to stay put on watch how the market grow since if you still leave in the past and feel afraid of it you might lose the chance to gain on good events coming.

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Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

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Quote from: Rasa nanas on December 30, 2019, 10:16:16 AM

If there’s a strong push going up huge price is coming up, unfortunately we are still down up to this day. Tomorrow should be the start of a great year, I’m expecting a good run at the first month of 2020 and $10k can be reach again. We are heading up now, the halving hype will exist again we should prepare our wallet for that.

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Quote from: Rasa nanas on December 30, 2019, 10:16:16 AM

Bitcoin is a forever trustable cryptocurrency so larger raise will occur at anytime. I expect it will cross 9k USD on next month so it will raise good grow on next year starting. Majority of the peoples are not active in end of the year so we can invest in this situation it make good profit. I think next halving make more noise in crypto so wait and enjoy the further hype.

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Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

Honestly i am not expert for analyze bitcoin price. it difficult because bitcoin price so fluctuation really hard to prediction. but in my opinion bitcoin price will dump and pump not far from the current price. in near time if bitcoin increase price maybe will rise not more $200.

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Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

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Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

How come if bitcoin back above $10k are any one agree and believe with bitcoin can raise with higher price again, maybe not all believe with bitcoin can break limit with higher price above $10k because many people still not get positive way how to make bitcoin keep exist with higher price, in other side bitcoin never break with higher price again.

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Quote from: el kaka22 on December 27, 2019, 06:32:08 PM

Looking at what has happened in the past 10 days, bitcoin rivaled going under 7 thousand dollars, moved upwards to 7500 levels (got very close) and now back on closer to 7 thousand dollars once again. I am not entirely sure what bitcoins next direction will be but it looks very very stuck. It can't go up, it tried but there was a huge sell pressure that made sure it dropped back and didn't go above 7.5 thousand dollars, it tried to go under 7 thousand dollars but everyone just got together and bought bitcoin as much as they could so they stopped that too.

Now, that we are stuck between 7 and 7.5, there is only one thing I am 100% sure will happen, a HUGE move. Anytime bitcoin price gets stuck at any price at all, the price just goes up or down like crazy, and I mean 30%+ moves, so I am not sure about the direction but I am 100% sure it will make a 30%+ movement out of nowhere suddenly.

I am of the same opinion, when the price seems to go nowhere that is a very clear indication that something big is coming, and it is very easy to see that this holds true if you look at the previous charts, but as you say we do not really know the direction of this movement, if it is positive it could be the beginning of the end of the negative trend that we have seen during the last months but if it is negative it will be confirmation of the current trend and it will tell us it will take a lot of time to get out of it.

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No one could predict accurately but it's good thing to speculate since that's the less we can do for now and maybe we will expect a rise up next since block halving known to be a good pump. And I don't want to give an exact figure but the one I hopes is we could see a 5 digits when 2020 cames.

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in my opinion it is very difficult to predict the price of bitcoin because bitcoin can go up and down anytime without reason. and during this week the price of bitcoin is in the range of $ 7200. and in my opinion until the beginning of 2020 bitcoin will remain at the resistance level at a price of $ 7200 - $ 7600. hopefully in the second month there is good news that encourages and supports bitcoin. so that the value of bitcoin can start rising in February 2020. I really hope that next year bitcoin can reach $ 14,000.

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BTC retrace to the $7.2k level, most likely will form another bullish leg up before going down? opinion on this?

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Speculation can be done but we cannot assure the whst is the exact price we Gonna see in future.

We can understand the situation now and I believe we will find the Bitcoin value goes to low again. If the value goes green also we might get it because of holiday bumps.

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Quote from: kro55 on December 24, 2019, 10:36:39 AM

Many have generated funds for Christmas celebrations in the latest bull run. Its bitcoin gift to those who invested their money along with love in bitcoin. I planned to buy at 6000$ but bitcoin made a strong run from 6500$.
To OP question, nobody can answer wt will be bitcoin next price. It can be anything.

I'm not getting to think that it will drop down below $6k. We've been stopped at $7k for many days besides, were moving high a little bit even mostly we think that it dumps this time since most people are selling their Bitcoins for them to spend this holiday season. But the amazing thing is that the market manages to hold at strong $7k.

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Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

from $7,600 today it dumped to $7,200 again so i think?we are heading bad till next year and until after halving if this scenario continues .though i am hoping not to come bad because there are many people looking for good new year.

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of course everyone hopes that bitcoin will continue to increase. so they can benefit. but in reality the value of bitcoin is stable at $ 7000. hopefully the beginning of the new year later bitcoin starts pumping again and reaches a price of $ 13,000. and almost all bitcoin holders expect bitcoin to reach $ 20,000 after bitcoin is reduced by half in May 2020. hopefully 2020 is the year for the bull market.

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There is a sharp rejection from the area 7.6k to 7.7k, probably a lot of seller pending orders there. This week volatility will be low. i think the real action will come in in Jan

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Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

During the last week the price of bitcoin has been trapped between 6500 and 7500, we have reached the upper limit of that range so it will very interesting to see what happens next, if the price keeps going up we could see a breakthrough and bitcoin will reach 8000 dollars again but if we don't then most likely the price will return to a a level closer to 7000 which will leave the door open for the bears to once again to try to make the price to go below 6500.

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Quote from: acdc on December 23, 2019, 11:20:02 AM

I think bitcoin will increase to $ 8k2 in this price increase.
Previously someone told me that bitcoin usually increases at Christmas but I don't believe him. If I trust him and buy when bitcoin is low, maybe I will make a big profit.

With all of that speculation you won't get the closest price range that you are expecting. Bitcoin is extremely unexpected when predicting where it would jump for its next price. Luckily the price this week is enough to hold the support level without dropping to the $6k level.

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By the time I write this review the price of bitcoin has reached $ 7623 and is likely to go higher. Because the bitcoin price rises it seems like everyone will have a merry Christmas this year.
I think bitcoin will go up to $ 7900 then it will go down, it's hard for bitcoin to rise beyond $ 8k by the end of this year.

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Quote from: Dart18 on December 23, 2019, 07:26:38 AM

12,000 USD to 13,000 is a huge amount but that is where it came from June - August of this year.
I bet it could go back there after the halving.
That is May right? So again, it might be June - July into which bitcoin will gain another pump.
The market might be volatile but it did stayed at those price for a long time and I though it is going to be the start of a steady market.

from history after halving usually increases, we can wait and buy it before halving, surely the price will be cheap, yesterday bitcoin has also been cheap at $ 6500 and I bought it

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Price is quite bullish just looking near term its passed a number of negative measure to momentum and trend. We have quite a bit of speed and are distant from even the 2 day average price so far.

Go negative below 7440 or so but it has risen from that area just today. Bullish past this recent high which is near to 50 day average I think, 7700 or so.

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Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

If BTC is still stable at $ 7500 in the near future, I believe that BTC will soon break up and we will see BTC at $ 10,000 before halving.This is just my prediction and it is likely It doesn't come true, but I hope the price of Bitcoin will go up in 2020 so that investors like us will get a profit.

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Quote from: adaseb on December 22, 2019, 11:50:34 PM

I don't think the pendulum has swung all the way back yet. People are still pretty bearish. The Fear & Greed index has been in "extreme fear" for the last month, up until today when it changed to "fear." The Bitmex perpetual swap funding rate is also just 0.01% so bulls aren't getting too excited yet.

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if bitcoin continues to increase then by the end of this year I hope bitcoin can reach a price of $ 9,000. if bitcoin can rise at $ 9,000 then I think we will soon enter the bullish market. but if by the end of this year bitcoin cannot reach $ 9,000 then we might be in this bear market until 2020.
predicting the current value of bitcoin is very difficult because the price of bitcoin is constantly changing. we can only wait and be patient until bitcoin can pump again.

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Quote from: adaseb on December 22, 2019, 11:50:34 PM

Generally do the opposite of what the crowd is doing.

Yep, right now the price goes on $7500 or probably more in the next coming days. So extremely bullish until such time the people are going to sell and make a profit, simply as that.

I guess we shouldn't expect big movement towards the end of the year. Most likely the trend likely be around the $7500-$8k, if we get lucky.

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both up and down, in other words sideways. and that will remain the current trend for at least until 2020 starts and a couple of weeks passes. the market doesn't seem to be ready for the rise and at the same time everyone is waiting for the rise which means any drop will be faced by a lot of buys (like what we saw a couple of days ago) that pushes the price back up again with high speed.
usually these trends end up with a big breakout which makes the price jump something like 40% up. so we can expect to see $10k+ after this ended.

adaseb

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The sentiment is changing pretty fast, last week everybody was bearish and expected $5500 sometime before the year end, and now that the $6500 area held and looks like a double bottom was formed, people are expecting at least $8K.

Here is the issue with this. When everybody is expecting $8K what will most likely happen is it will come close to $8K but not reach it or it will go to $8K, everybody will short it and it'll end up going to $9-10K before heading back down again targetting the $5500.

Generally do the opposite of what the crowd is doing.

maydna

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Quote from: vendetta009 on December 22, 2019, 08:15:28 PM

BTC has rally up to $7588 now atm , look like we could end the year with hope that it could reach $8k ?? Some resistance around 7.7k to 7.9k, lets watch

I guess bitcoin price has a chance to break $7600-$7700 if the situation still likes this. We saw that the bitcoin price at the exchange gets a pump so that the price can break $7500. We can hope that from today, the price can change and moves to a higher price and break $8000 even back to $10k again. The sign of increasing has appeared, but we don't know if that is for real or not since the market can increase or decrease in the next hours, so we need to be careful.

Reid

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8k? 9k? maybe back to 12k. Wink

Who would think that the bitcoin price could bounce to $7,596 as of writing this?
I didn't. I though it will be dumped until the end of December and yet it could still hang on a good price. That is for me.
Ever since $6k+ had been hit there are a lot of theories that are being made. Either FUD or a hype that says this is just for preparation for next year's halving.
It might or it may not. You could use your instinct to foretell where it might go.

aardvark15

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I think the price will just hang around the current price for a while until we get closer to the halving. At that time I think the price should start to increase significantly.

error08

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The sentiment in the bitcoin market already changed from "sell" to "buy" which show that the price increase over $7600 today and probably heading towards $8K and then $9K according to godmode technical analysis by dmwardjr, his analysis pretty accurate and interesting to follow his decision. Don't miss the chance, buy while it below $8K.

Republikcoin.com

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Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

now, the price of bitcoin is really close to the price of $ 7,700. if a price increase occurs, then the price of bitcoin will rise to the next $ 8,000. if it happens before 2020, then this can be a positive thing for the future development of bitcoin. however, at the moment the price of bitcoin is trying to recover, so I look forward to the high prices at the end of this year.

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BTC has rally up to $7588 now atm , look like we could end the year with hope that it could reach $8k ?? Some resistance around 7.7k to 7.9k, lets watch

acdc

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Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

Everything is possible in the cryptocurrency market but it will be difficult for the price of bitcoin to rise beyond $ 8k in the last days of 2019. I think it will be traded around the price of 6k6 ~ 7k4. $ from here until February 2020. Perhaps bitcoin can only increase in March 2020 and then the price will fluctuate between $ 9k ~ $ 10k.

beerlover

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The price went down and up recently which shows that the bottom has been found, at least to me it is like that but it doesn't have to be like that, just my opinion. So, if I am right and when we went down but couldn't get any lower and price went back up that means the price can't get any lower and won't be having any more price troubles.

I see an easy 10k+ price prediction right now and could even reach as high as over 20 thousand dollars by the time halving comes. Like I said before I am not saying this will definitely happen but from what it looks in the markets right now bulls are getting bigger and bigger and the buy amounts are not only more in numbers but also in bigger orders as well.

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Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

May be 8k? Anyway I was just strongly thinking that it would hit the spot at 8k mark having just silly reasons. I have this strong feeling that till 2019 closes, bitcoin market wouldn't go down at 6k nor at worst case 5k. Market have been rallying at 7k for quite a long though. Well, anyway, let's see at January may be it would crashed or luckily would increase at least by a bit.

daarul50

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Quote from: vintages on December 20, 2019, 07:13:43 AM

$6000? $7500? $8000?
It could be anyone of these prices because nobody know or else some whales decides to play things around before the new year (still doubting this though).
I personally hope the price don't go below $6k or $7k. I am just hoping those who sold out of frustration are done. We need to begin the coming year with good price.

indeed , the fact that big players taking action massively in the recent days i can not say anything about which one is the support ?

those big players could remove their positions anytime! all at once and trigger the panic .
they have done this since it was on $9500 down to $8000 and all of these for me showing a strong bearish signals.

i am holding my old bitcoin and will continue no matter what, this should not scared us. we have been through this , the outcome and result after this suffering moment will get paid in very good way Cheesy

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Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

I don't know where but in the last few days, the market has rebound a bit and it would be nice if we will continue to see a price improve going to the end of the year. I didn't expect btc to hit $5k this year, my expectation was to really see $10,000 price by the end of the year but its' not likely to happen, so I just hope that at least price will not drop anymore.

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Quote from: Wexnident on December 20, 2019, 04:26:59 AM

BTC would probably just play around this area. the 6k - 8k range. Unless anything major occurs and by major I mean major. I'd believe this period to be the time for traders to accumulate BTC before the major halving of 2020. Major market changes would probably happen by February or March instead of this month or January, cause well, traders are also preparing for the changes halving may bring towards the current market. Changes may occur cause of the holiday seasons and a lot of people dropping off BTC to change to fiat, but shouldn't affect market price that much.

You have a point. I don't think there will be a huge movement in Bitcoin's price this month, the fact that folks will convert some of their coins into fiat. Perhaps, Bitcoin will not exceed $9000 unless there will be some phenomenon will occur that will have an impact on the market. In my opinion, we should take this opportunity to accumulate more Bitcoins since the next halving is near. Talking with halving, probably there will be some big changes after this occurrence so I guess it is better to be prepared before it became too late.

vendetta009

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Yea i think there will be more range bounce before moving upward or downward , and i think halving may not have a very big effect on price

Quote from: Juggy777 on December 20, 2019, 05:07:14 AM

Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

@vendetta009 no one can be absolutely certain in which direction bitcoin prices might go, but I’m glad bitcoin prices found support levels at $6500 levels otherwise it would have been a disaster for all of us who’re holding it. In my personal opinion bitcoin prices shall remain range bound for quite a while, before jumping upwards when the halving event nears but I’m no analyst so take my opinion with a pinch of salt.

Source: https://www.newsbtc.com/2019/12/19/bitcoin-halving-catalyze-fomo-large-bull-run/

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Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

exstasie

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Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

Estimated guess:

50% chance we go to the $8K area before pulling back into chop or downtrend.
30% chance we go to the $9K area and test the downtrend line from June.
20% chance the local high is already in and we're about to slow bleed again. Eyes on $5,400.

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Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

I think bitcoin price will heading to $7,300 first if there is a strong buying at the market so the price will be increased soon. But if in the next week, there are many people leave the market because of the holiday, then we will see the price will not move too high or even it will go down for a while until the next year. But we still have a chance to see the price will be back to the high price and I am sure that we will break more than $7,300.

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Back to 6,500 maybe.
Why? It is the season of spending. This month of December had been always the time where people will not care of how much they are spending as long as there is fun in it.

This could go back to normal little pumps after January maybe. 3rd to 4th week of it we might see them buying back.

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Even after falling low to $7000, the price was being managed to stay high above $7000. This indicates the real growth of the market, and based on this kind of market variation I believe the growth will continue to move high than the present value and not low to it.

My belief, market will grow gradually close to the final days of the year providing at least a price of $8000 per bitcoin. Following this there will be marginal growth with the leading altcoins.

andycarrol

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Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

maybe prices will always stable in the range of 6500-7500 until the end of the year, especially before Christmas there may be a lot of needs so that the sell off occurs and make it back to 6500, or can even touch 6000? because I know that every Christmas there will be no upward movement.

vendetta009

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I believe China play a big part in this, due to regulation and restrictions on cryptocurrency. However, if things get optimistic with China's regulatory body on this, we can see BTC soaring again hopefully

piebeyb

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I often say this that the price will not be under $ 5,000, chances are people will see it saturated because the price will only play in the area of 7500 - 6500, it's boring but the price will be stable until early next year, so I can't speculate now for the next price, see Just at the beginning of next year, everything will really start where everyone and big traders after fasting without profit for 2 years, a big explosion is piling up behind us

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Quote from: vendetta009 on December 19, 2019, 10:41:19 PM

I think stability may not be the concern right now. More of the concern is will Bitcoin continue to rise or drop. Like what you mention there are a lot of reasons given the market uncertainty and prices are unpredictable. i would like to see Bitcoin staying above 10k, maybe signalling a change in trend towards the upside, anything below that i'm still bearish

This month bitcoin won't touch $ 10000, it's still too far in predictions, it can't reach there, but in the next week Bitcoin will be quite stable above 7000 and it will really last until the beginning of the first year, but I don't know whether this will miss or not clear that we expect only positive and it will open in the new year.

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To be honest, prices are currently consolidating in the area of $ 7400- $ 6600. But there is a possibility that the rally will go up because there is a double bottom pattern formed.
There is still time until the end of this month to see the next movement. It could indeed be the end of this month is the determination of the lowest price to continue the trend in 2020.

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i'm not too sure if the halving event will benefit the price of BTC, from general point of view it mean the release of BTC block rewards into the circulating supply is getting lesser, supposedly if there is increasing demand than supply, that will benefit us in term of BTC price. However from miner point of view, it's lesser profit for them no including mining cost, electricity and high hashing power. high operating cost and low profit may act as a deterrence to miners to continue mining BTC, may result in the drop of price. in the end, it's not as clear cut as it seem, may work either way.

Quote from: CryptoBry on December 20, 2019, 12:47:43 AM

Quote from: Hippocrypto on December 19, 2019, 09:33:28 PM

Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

I am hoping for higher price at the end of the year, at least $8k can remain stable for December. The recovery of btc price was too hard to increase although it was expected after long fall back, bounce also will follow. That wasn't a reality for now, because there's a lot of reasons why the current market still faced more struggles which was still very unpredictable.

I am really hoping that Bitcoin can be rallying towards the $8K level within this month or if that is not really possible at least in the first two weeks of January 2020. Bitcoin has been under the claws of the bears lately and this has been the opportunity for many to get into the bandwagon as we are preparing for the next rewards halving, though sadly the market is not really exciting for now which resulted into its erratic and eroding value. I am already looking forward that eventually the halving will be pulling us off, otherwise people can be disappointed big time.

Oasisman

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I myself doesn't have certain idea where Bitcoin's price are heading. Looking at the historical data, It seems that the price isn't showing a good sign for a rise, though it's somehow stabilizing at this level. I guess the Bitcoin halving hype ain't working yet.
Hopefully next year we will see a good progress.

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Quote from: Hippocrypto on December 19, 2019, 09:33:28 PM

Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

Free1bitco.in

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if a positive increase occurs, I think the price of bitcoin can reach $ 7500 by the end of this year, and I think it will be a good price if we measure it from the beginning of 2020. It will have an effect on other altcoin prices. but that's still a positive estimate, and the worst thing is that the price of bitcoin returns to the level of $ 6k in the event of a dump due to the new year.

sunsilk

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We can easily tell a price which it could be heading. $8,000 - $9,000 - $10,000 these are the prices that we're longing to see and as long as we get out of $6k that would serve us as a good Christmas for this year.

Unlike last year, we're starting to see some higher prices this time and hoping for a nicer year by 2020.

Quote from: vendetta009 on December 19, 2019, 11:00:21 PM

Yea let's hope it is best for end of the year, but i doubt $8k could happen at the end of the year with Christmas, boxing day, new year celebration around the corner, volume gonna be very low, very likely price is gonna consolidate. Anyway, we won't know until something really happen, let's wait and see.

End of year is approaching and we couldn't expect more about it. Leave the rest to 2020 and let's hope that we shall get back to $10,000 again.

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Quote from: Yaunfitda on December 19, 2019, 10:47:28 PM

Quote from: vendetta009 on December 19, 2019, 08:47:27 PM

Well some thinks that we can end this year at the 5 digit figure, so unlikely to happened.

I guess the next price will be $8k, there are times that the price could suddenly spike and possible that it can go as high as $8k at the end of the year. Just be positive though, no need to be disappointed as this is how the market operates. We just hope for the best at the end of the year.

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