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Topic: Can BTC still have any rally before 2020? - page 2. (Read 945 times)

hero member
Activity: 1036
Merit: 514
October 17, 2019, 07:59:10 PM
#87
There is a lof of TA on trading view, in this forum and many other crypto sites, some predict bitcoin will fall to $5K and others predict otherwise. 2 months before the end of the year, the bitcoin market will fluctuate obviously but not significant movements, just like lately the price increase and drop within $100-$400 a day. But we are approaching halving which surely affects the market behavior, expected bitcoin will gradually increase and eventually reach $10,000 by the end of this year.
legendary
Activity: 3010
Merit: 1280
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October 17, 2019, 06:44:26 PM
#86
Don't expect million of dollars while we're struggling to meet at least thousands. This sounds hilarious, because possible rally might now suitable for now since we were not able to escape the $8k price range. It was really hard to specify a definite value for now, so don't be too focus on the price increase. What's good for now is holding enough btc before another potential halving will come.

Indeed holding is the better option for now,  it is too early to tell if we will not have a rally before 2020, we know Bitcoin market is very unpredictable, it may have a price crash for now and another price surge on the next weekend.  So the possibility for a rally before 2020 is more likely to happen since we are more than 2 months away from it.  And by that time lots of stuff could possibly happen and probably may trigger a Bitcoin price rally.
sr. member
Activity: 1484
Merit: 277
October 17, 2019, 08:25:03 AM
#85


From research and modeling to making specific benchmarks, experts are working hard to prove that Bitcoin will survive. Bitcoin price predictions for 2020 are very broad, between $ 20,000 to $ 1 million US dollars.
Experts are not working hard to prove anything, bitcoin is working fine and there are more investors coming into the market, i am not into these huge predictions but i know i will always be in profit when ever i sell the coin.
The prediction is pretty huge,  lots of expert just give predictions on mere analysis that they do,  no cognitive reasons to back their analysis,  it will take a huge time for bitcoin to reach a million dollar,

For you to say you will always be in profit when ever you sell bitcoin, It seems you also bought bitcoin at a very cheap rate few years back,

Don't expect million of dollars while we're struggling to meet at least thousands. This sounds hilarious, because possible rally might now suitable for now since we were not able to escape the $8k price range. It was really hard to specify a definite value for now, so don't be too focus on the price increase. What's good for now is holding enough btc before another potential halving will come.
sr. member
Activity: 1344
Merit: 288
October 17, 2019, 12:48:43 AM
#84


From research and modeling to making specific benchmarks, experts are working hard to prove that Bitcoin will survive. Bitcoin price predictions for 2020 are very broad, between $ 20,000 to $ 1 million US dollars.
Experts are not working hard to prove anything, bitcoin is working fine and there are more investors coming into the market, i am not into these huge predictions but i know i will always be in profit when ever i sell the coin.
The prediction is pretty huge,  lots of expert just give predictions on mere analysis that they do,  no cognitive reasons to back their analysis,  it will take a huge time for bitcoin to reach a million dollar,

For you to say you will always be in profit when ever you sell bitcoin, It seems you also bought bitcoin at a very cheap rate few years back,
legendary
Activity: 1834
Merit: 1036
October 16, 2019, 06:59:19 PM
#83
Lets just hope that this coming Thanks Giving (November) and the Holiday season (December) will help boost the price of Bitcoin. Im not hoping for a bull run, just a small kick will do and who knows it might trigger a bull run. Usually the last quarter of the year is where the action is in terms of price of Bitcoin. Lets wait and see.
sr. member
Activity: 826
Merit: 281
October 16, 2019, 07:15:20 AM
#82
we don't know for sure what happened, but in my opinion the history of 2017 where BTC at that time was 17,000 USD more but dropped dramatically, but I believe that BTC will have the potential to rise at the end of December, because BTC still has a lot of fans and true holders where it becomes a power for BTC to rise.
sr. member
Activity: 1204
Merit: 253
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October 16, 2019, 06:13:34 AM
#81
Some would say Bitcoin could touch back over $14k, but the BTC just moved slowly to the 8000 range in a few weeks.
Indeed some people have their own arguments, there is no argument in accordance with the facts. I mean their predictions are not necessarily true and precise.
sr. member
Activity: 560
Merit: 250
October 16, 2019, 04:44:35 AM
#80
Yes BTC definitely can have rally before 2020. We have bitcoin halving due next year and who knows that this phenomena might create reduced supply and that could increase the price exponentially for BTC. 2020 is really too far away you never know btc can get pumped even tomorrow.
full member
Activity: 1330
Merit: 248
October 16, 2019, 03:30:36 AM
#79
We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
No one can exactly get the illustration of any of scenarios you have notice, but in my opinion, bitcoin value will just be at the average of until $8000 this year. I don't see that there is something that bitcoin will get over $10k. The movement of the bitcoin price right now is very slow and it doesn't show any potential to hit over $10k.
sr. member
Activity: 1526
Merit: 251
October 16, 2019, 12:28:12 AM
#78
yes some people have their own arguments, some say btc will touch 16k $ for this month, judging by the btc market conditions only move in the range of 7000-9000 in recent weeks.
so there are no arguments that really fit the facts, I mean that can prove their predictions exactly. I believe what happened is not what I hear, because what I hear does not necessarily happen and what happens is certain I will hear. Roll Eyes
hero member
Activity: 1694
Merit: 541
October 15, 2019, 09:24:27 AM
#77
Although almost all predictions are rooted in mere speculation in the world of crypto, some of them come from fairly complex quantitative prediction methods.

Other than speculating what is the option an investor has, any investor in any market have a certain perspective when investing in the market and they will speculate that the market would reach a certain valuation before investing, be it quantitative analysis or any other technical analysis.

From research and modeling to making specific benchmarks, experts are working hard to prove that Bitcoin will survive. Bitcoin price predictions for 2020 are very broad, between $ 20,000 to $ 1 million US dollars.
Experts are not working hard to prove anything, bitcoin is working fine and there are more investors coming into the market, i am not into these huge predictions but i know i will always be in profit when ever i sell the coin.
full member
Activity: 983
Merit: 100
October 15, 2019, 08:58:37 AM
#76
Although almost all predictions are rooted in mere speculation in the world of crypto, some of them come from fairly complex quantitative prediction methods. From research and modeling to making specific benchmarks, experts are working hard to prove that Bitcoin will survive. Bitcoin price predictions for 2020 are very broad, between $ 20,000 to $ 1 million US dollars.
sr. member
Activity: 1246
Merit: 255
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October 14, 2019, 05:41:13 PM
#75
I'm very bullish that it will happen soon and right now bitcoin is still recovering from its loss. And i think we can take advantage of the market while its on dip and only take your position in a smart way.

And surely, Altcoins will follow up if the market keeps on rising up high.
There is more possible chances for a uptrend. When we look at the price drop that happened from $10500, now this could've reached low to $6000. The price gained good resistance at the price above $8000. This made it get recovered even when it fell low to $8000. With all these recent market changes there is more positive signs for growth than dropping down.
hero member
Activity: 3164
Merit: 675
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October 14, 2019, 02:00:58 PM
#74
People do say bitcoin will go down all the time but looking at how bitcoin hasn't moved down yet and even went up a little, all the people that say bitcoin will go down are obviously people who do not have bitcoin to sell. If all these people who said bitcoin is going down had money or at least collectively had any money they would have sold their coins and the price would actually go down, that is how the market works right? People think it will go down, so they sell, because they sell the price goes down.

Since, many and I mean MANY people said it will go down but it didn't that means we are looking at either speculators who want it to go down so they can buy cheap or idiots who have no money and just trying to act like they know better than others.
legendary
Activity: 3416
Merit: 1225
October 14, 2019, 09:36:51 AM
#73
We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
Anything and everything is possible, but I am more inclined to say that we will have a good price before the end of the year in preparation for the coming halving that's going to happen May next year, history tells us that halving always have a positive effect on the price of Bitcoin and we are hoping that this time we can prove this again.
sr. member
Activity: 744
Merit: 266
October 14, 2019, 09:01:48 AM
#72
Right now Bitcoin is trying to have an organic growth. Price is being decided by the demand as there is not much manipulation at this point. A rally will be expected only if price breaches the $12k point which is less likely the case right now as bears have edge over the market right now. I doubt there will be a rally in 2 months as technical are not supporting it. There is a more chance of bearish cycle and price touching a price range of $4k-$5k.
sr. member
Activity: 1876
Merit: 259
October 14, 2019, 08:35:18 AM
#71
Why not???
there are still 3 months before 2020 and bitcoin can rally in a span of 3 months if there is a trigger.
what should be known is that no one really knows where bitcoin will go.
if anyone knows for sure yes it comes from the future.
sr. member
Activity: 1372
Merit: 264
October 14, 2019, 07:06:49 AM
#70
I'm very bullish that it will happen soon and right now bitcoin is still recovering from its loss. And i think we can take advantage of the market while its on dip and only take your position in a smart way.

And surely, Altcoins will follow up if the market keeps on rising up high.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
October 14, 2019, 06:04:58 AM
#69
The halving of bitcoin is major event in 2020 every crypto enthusiast looks forward to a massive rally all thing being equal historically price of bitcoin pumps with fundamental events there is also the news of SEC approval of Bakkt another rallying point in next couple of months, its very obvious before the end of the year the price might break all time high of $14K the year. In a nutshell 2020 will gonna be an interesting year for bitcoin price-wise.
hero member
Activity: 952
Merit: 513
October 13, 2019, 11:40:45 PM
#68
It'll need something pretty big for there to be another price climb before 2020, BTC has been pretty stable the last couple of months with it hovering around the 8k mark most of the time and unless we see movement from whales or a huge annoucment, it'll be pretty boring.

Lots of optimistic predictions have been made, but I'd rather recommend you to keep a calm head and not expect too much out of BTC.
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