i am changing yesterday my think . and i bought at 8000 per btc because i am sure that bitcoin has other trend too and it can rise before 2020 and at any moment
i remember last year when every one sell and in the end we are not able to buy at cheap price
Topic: Can BTC still have any rally before 2020? - page 4. (Read 971 times)
i think there is not enough circumstances for running new ATHs long rallyies. in 2017 ATHs there were some major factors affect bitcoin prices. in my opinion binance is the first one from that factors. also printed millions of tether gave a force to that ath. but Q4 raising is nearly a tradition for cryptocurrencies. the trend should be upper.
I'm sure you encounter the halving on your 2017 right? And it bring an outrageous effect on bitcoins together with altcoins since many of them reach there historical ATH and provably on year 2020 halving we can experience it again, you can read the halving history here https://medium.com/fitzner-blockchain-consulting/bitcoin-halving-price-effects-and-historical-relevance-b63458216d97 and see for yourself the relevance and possibilities og big price rallies coming on year 2020.
i think there is not enough circumstances for running new ATHs long rallyies. in 2017 ATHs there were some major factors affect bitcoin prices. in my opinion binance is the first one from that factors. also printed millions of tether gave a force to that ath. but Q4 raising is nearly a tradition for cryptocurrencies. the trend should be upper.
Can it? Sure. Will it? Most definitely.
The problem with such a rally is the political turmoil between US, China, North Korea and UK. People were / are worried about how pathetic Trump is. Just wait till you see how pathetic (and dangerous) Borris is. And the nuclear de-escalation talks between US and North Korea means that the region could face a tumultuous situation like Libya faced during the Gadaffi years.
It seems like, with every passing day, more and more shit leaders are gaining power around the world. Things like this is not good for the global economy, let alone cryptos or Bitcoin.
The problem with such a rally is the political turmoil between US, China, North Korea and UK. People were / are worried about how pathetic Trump is. Just wait till you see how pathetic (and dangerous) Borris is. And the nuclear de-escalation talks between US and North Korea means that the region could face a tumultuous situation like Libya faced during the Gadaffi years.
It seems like, with every passing day, more and more shit leaders are gaining power around the world. Things like this is not good for the global economy, let alone cryptos or Bitcoin.
The weird thing is, I remember bitcoin price going up during may of 2017 and a bit after and then it went down during September and it went up again in November a bit to then go up huge in December. I am not saying same thing will happen, I am just saying for people who think bitcoin will not go up and it can't go up, it did go up in the same exact scenario before, so even if it doesn't go up there is at least a proof that it could have, it can obviously not go up as well we don't know but even if it doesn't go up in the end that doesn't mean it couldn't have gone up neither.
The possibility of anything is out there, it could stay like this, it could go down, it could go up, we have seen all kinds of scenarios play out before and that is why I think we should be patient about it.
The possibility of anything is out there, it could stay like this, it could go down, it could go up, we have seen all kinds of scenarios play out before and that is why I think we should be patient about it.
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.
What am I sure at is that nobody knows when bitcoin will pump or what price it would have in the future. Due to the natural characteristic of bitcoin and the market that is why there's no way we can predict it, the best to deal with these things is we ought to be observant of the flow of the market and do some technical analysis yourself. Besides, a $14,000 price seems not feasible for this year due to the fact that we only have seen a bare movement from bitcoin.Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
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.
What am I sure at is that nobody knows when bitcoin will pump or what price it would have in the future. Due to the natural characteristic of bitcoin and the market that is why there's no way we can predict it, the best to deal with these things is we ought to be observant of the flow of the market and do some technical analysis yourself. Besides, a $14,000 price seems not feasible for this year due to the fact that we only have seen a bare movement from bitcoin. Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
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.
the pros and cons will continue to exist in this issue. To date, I support the scenario that the price of bitcoin can reach more than $ 10,000 this year. that is due to some news that supports the development of bitcoin in the coming year. besides that, there will always be FUD that tries to make people panic. even some speculation from them it up to the level of $ 3000. I think that's too far.Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
For information, daily analysis today says that if the price of bitcoin recovers, it is most likely close to the level of $ 9000, whereas if something bad happens, it is likely that the price of bitcoin will drop to the level of $ 7700. Well, even that is still close to the level of $ 10,000. I am still quite optimistic about this.
Stability and growth for Bitcoin in the future requires adoption as a true currency that can be useful for the masses as a real purchasing tool. Not just a thing you can use on some websites. The Bitcoin Blockchain, secured by the Bitcoin network, is probably the most immutable thing ever created by humankind. Ask yourself whether more and more people might find that immutability to be a useful property, and might start building more and more things that depend on that property. Then what was merely useful becomes indispensable. Ask yourself how much BTC, given its scarcity, might be worth in that scenario. but people are now more cynical, and less certain, about the success of projects just because they're Blockchain. i don't see any chance for a rally before 2020.
Looks like many people are frustrated with current price action.Look back to March.If March 2019 somebody will told you that at begin of October bitcoin price will be 8K then i think most of will agree that it will be great
And remember how frustrated people have been March 2019 and look how long time that accumulation period was
It was three months or 4 moths.For sure one day one moment bitcoin will move up very strongly and it will be very impulsive movement
And remember how frustrated people have been March 2019 and look how long time that accumulation period was
It was three months or 4 moths.For sure one day one moment bitcoin will move up very strongly and it will be very impulsive movement
I agree with you, once the price gets rocking again it's like the downhill snowball effect. The major push is when the media starts talking about the price rises. Then it seems that kicks off peoes fear of missing the next bitcoin run, that's the speculative part that doesnt need a rally to double in a short amount of time
Looks like many people are frustrated with current price action.Look back to March.If March 2019 somebody will told you that at begin of October bitcoin price will be 8K then i think most of will agree that it will be great
And remember how frustrated people have been March 2019 and look how long time that accumulation period was
It was three months or 4 moths.For sure one day one moment bitcoin will move up very strongly and it will be very impulsive movement
And remember how frustrated people have been March 2019 and look how long time that accumulation period was
It was three months or 4 moths.For sure one day one moment bitcoin will move up very strongly and it will be very impulsive movement
2020 is just waaaaay too soon for that to happen. We should wait a bit more, I am guessing one more year would make a huge difference, think about what would happen until next October for example. We are going to go over all the SEC stuff, all the halving stuff, and a ton of time as well which is really making the biggest difference here.
By this time next year, the halving would be in full affect and the price would finally start to realize that after people sold all the excess ones. I think the stock to flow ratio will not be put into affect right at the first moments, however I think price would be affected a bit earlier as well. Like maybe a month before the halving or so. That is why I think we should definitely wait around longer than 2020, the year 2021 will be bitcoins year!
By this time next year, the halving would be in full affect and the price would finally start to realize that after people sold all the excess ones. I think the stock to flow ratio will not be put into affect right at the first moments, however I think price would be affected a bit earlier as well. Like maybe a month before the halving or so. That is why I think we should definitely wait around longer than 2020, the year 2021 will be bitcoins year!
In cryptocurrency price could increase or decrease, this alone should be one of the compelling reason that a price of 14k is possible before this year runs out.
Though, a random high price rally which pumps the price to a very high price is not encouraging because of the health of the market.
Though, a random high price rally which pumps the price to a very high price is not encouraging because of the health of the market.
It's a little bit confusing how that $14k price will become possible before 2019 will end. The market has not showing some possible trend, as it was stabilizing at current rate of $8k with a little fluctuations. Before 2020, it's very important to prepare all the assets you have rather than dumping it just for an easy profit.
Maybe we can't feel it for now but there's still 2 months to come and many things will happen on it and remember halving is coming so expect that green scenario on altcoins will come since many people will look on positive ways on that scenario. But I don't expect on that price since provably we can reach at near $10k - $12k at the end of this year and that would be a good sign to come if it will happen since it will be an early sign for us that we will have a great rally coming.
In cryptocurrency price could increase or decrease, this alone should be one of the compelling reason that a price of 14k is possible before this year runs out.
Though, a random high price rally which pumps the price to a very high price is not encouraging because of the health of the market.
Though, a random high price rally which pumps the price to a very high price is not encouraging because of the health of the market.
It's a little bit confusing how that $14k price will become possible before 2019 will end. The market has not showing some possible trend, as it was stabilizing at current rate of $8k with a little fluctuations. Before 2020, it's very important to prepare all the assets you have rather than dumping it just for an easy profit.
history has shown that there is no need for something extraordinary to happen for the price to go through the roof
at least there are no clear cause -effect connections and none can predict it reliably
I won't be shocked if it hits 14.000$ , it is highly unlikely though
be happy the price is not 3.000$ as it was earlier this year , we tend to forget things very quickly
In cryptocurrency price could increase or decrease, this alone should be one of the compelling reason that a price of 14k is possible before this year runs out.
Though, a random high price rally which pumps the price to a very high price is not encouraging because of the health of the market.
Though, a random high price rally which pumps the price to a very high price is not encouraging because of the health of the market.
It's a little bit confusing how that $14k price will become possible before 2019 will end. The market has not showing some possible trend, as it was stabilizing at current rate of $8k with a little fluctuations. Before 2020, it's very important to prepare all the assets you have rather than dumping it just for an easy profit.
In cryptocurrency price could increase or decrease, this alone should be one of the compelling reason that a price of 14k is possible before this year runs out.
Though, a random high price rally which pumps the price to a very high price is not encouraging because of the health of the market.
Though, a random high price rally which pumps the price to a very high price is not encouraging because of the health of the market.
Yes it is just a correction and we are still positive on the year and noone should be especially glum about the BTC recovery this year. I said the same when people moaned about 10,000 as its such an amazing price from a long term point of view.
Momentum built, price doubles and it gets alot of attention and we got overbought there hence a correction now is good, expected, healthy and the right thing for an open competetive market to do. Anyone long term should be happy the market adjusts both up and down, its like circulating blood flow and if we dont get a good route on both possibilities it damages the health of Bitcoin I think and obstructs distribution and in the end proper usage for the blockchain which is not about speculation and exchange orders.
I feel like we got our head in the clouds right now, I dont have a clear perspective for direction but I think this price level is just fine for this year. I've got no clear indication for strength so far which makes me think we achieve no higher high in 2019.
Quote
it's pretty obvious that there's a lot of FOMO that time and put the market in oversold position.
Momentum built, price doubles and it gets alot of attention and we got overbought there hence a correction now is good, expected, healthy and the right thing for an open competetive market to do. Anyone long term should be happy the market adjusts both up and down, its like circulating blood flow and if we dont get a good route on both possibilities it damages the health of Bitcoin I think and obstructs distribution and in the end proper usage for the blockchain which is not about speculation and exchange orders.
I feel like we got our head in the clouds right now, I dont have a clear perspective for direction but I think this price level is just fine for this year. I've got no clear indication for strength so far which makes me think we achieve no higher high in 2019.
Quote
Technical analysis really doesnt work well in crypto
TA is about humans and natural phenomena, its just a range of possibilities reflected from a chart of historic prices. We could be talking marbles or beanie babies and TA still could give some aid to how humans bid prices over time. To my opinion that is not very likely. There is not much time left and we would need continuous, fast growth for which currently I don't see environment on.the market.
Last rally we had when Bitcoin price reached 13000$ was kind of surprise and it didn't last. Maybe there is the chance to come to 12000$ but that is max we might expect.
Last rally we had when Bitcoin price reached 13000$ was kind of surprise and it didn't last. Maybe there is the chance to come to 12000$ but that is max we might expect.
Each rally comes fast and hard. 1k to 20k happened real quick and all throughout heard about corrections that would stop the rally. Technical analysis really doesnt work well in crypto, best bet is to hold long and strong, rally's happen faster than people realize. It's been that way from the beginning and dont see any change in site
To my opinion that is not very likely. There is not much time left and we would need continuous, fast growth for which currently I don't see environment on.the market.
Last rally we had when Bitcoin price reached 13000$ was kind of surprise and it didn't last. Maybe there is the chance to come to 12000$ but that is max we might expect.
Last rally we had when Bitcoin price reached 13000$ was kind of surprise and it didn't last. Maybe there is the chance to come to 12000$ but that is max we might expect.
I am just waiting for the moment after Halving Bitcoin, because I think that is the only moment that is able to make the price movement of Bitcoin very significant, of course, it will increase dramatically. I speak optimistically like this because of Halving's previous experience in 2016, then a year after that the price of Bitcoin to the moon, And we will see that will happen in 2021.
Jump to: