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Topic: Could the Bitcoin price by the end of 2018 only 4000$ - 6000$? - page 10. (Read 1334 times)

legendary
Activity: 2982
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Well, think about what you would say last year. I mean, patrons have changed all over 2017, while they were going quite stable from the last years (from 2013 to 2017, for instance).

2017 showed us how can a cryptocurrency arise as a really substantial item. So, If we based our beliefs on BTC´s behavior from the last 5 years, for instance, It seems possible to get some kind of stability anytime. But, looking the whole picture, meaning: media, newbies, investors, great companies interest in BTC, salaries of big companies paid in BTC, &co., I believe 2018 is going to look similar to the last 2017.

BTC is changing the world here. It is becoming “famous”, and I believe its fame possibly will produce dramatic changes in its behavior.

For example: a bunch of new people which wants to get into the Crypto world but get easily panic. They, for sure, will sell all the BTC in a short period of time, so its price will get down and up as a roller coaster.
hero member
Activity: 1134
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It is good for bitcoin, great consolidations and lot more people will join to the bitcoin family!  I dont think we will see bitcoin at this price for so long! At the end of this years i can see bitcoin around 25K dollars!
member
Activity: 434
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all can allow, cryptocurrency market is very vulnerable to the issue
hero member
Activity: 3010
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A big price drop of a valued coin always triggers a buying frenzy. Then what happens to the price? It shoots up again. 2018 has started off badly, but it will end well for Bitcoin.
Right.I don't think that bitcoin which started negative by january will always have a negative price throughout the year.The market price has still a long way so predicting its price would still be so hard.Though others are basing it on a pattern years ago,it would not still reliable that it will follow the same pattern on bitcoin price today.So we should not to worry,bitcoin will still be in good hands.
legendary
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zknodes.org
that is the price depends on the market demand, and if the desired price returns to the original price will the customers who buy bitcoin at the price of $ 15,000 and above feel depressed and desperate, bitcoin back bounced when there is a recent info that really increase the price of bitcoin and it takes a very long time. I hope the end of the year bitcoin again set the highest price record exceeds the previous highest price.

yes that's just a lot of people hope, but what if 2 things like FUD and technically say it will drop drastically? Grin
hero member
Activity: 2548
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the possibility to return to the price of $ 4000- $ 6000 is always there, but if we look at popularity of bitcoin at this time of course i feel optimistic if bitcoin prices will increase again even impossible can exceed the highest price of the previous bitcoin in middle of this years2018.
Possibalities is always there no doubt but it is still not so easy to say, because people have invested a lot of money in bitcoin and therefore they are giving a good support to it, i think that bitcoin will get good support at 8000$ and the investors will never lit it down from that price, hope bitcoin will very soon gain its previous higher price again, because still bitcoin has too much potential to increase its price.
We are already playing around now on 8k ranges which we might possibly even more lower but no one really knows since bitcoins price is always been volatile since in the beginning. Seeing on those charts they the similarity but wont really be a strong indication or information to rely on that it would really go or hover on that way.I have seen some good strong supports which would possibly blocking such price breakouts.
hero member
Activity: 840
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the possibility to return to the price of $ 4000- $ 6000 is always there, but if we look at popularity of bitcoin at this time of course i feel optimistic if bitcoin prices will increase again even impossible can exceed the highest price of the previous bitcoin in middle of this years2018.
Possibalities is always there no doubt but it is still not so easy to say, because people have invested a lot of money in bitcoin and therefore they are giving a good support to it, i think that bitcoin will get good support at 8000$ and the investors will never lit it down from that price, hope bitcoin will very soon gain its previous higher price again, because still bitcoin has too much potential to increase its price.
full member
Activity: 961
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SweetBet.com
A big price drop of a valued coin always triggers a buying frenzy. Then what happens to the price? It shoots up again. 2018 has started off badly, but it will end well for Bitcoin.
legendary
Activity: 2464
Merit: 2094
the possibility to return to the price of $ 4000- $ 6000 is always there, but if we look at popularity of bitcoin at this time of course i feel optimistic if bitcoin prices will increase again even impossible can exceed the highest price of the previous bitcoin in middle of this years2018.
member
Activity: 420
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its going back to 4-6k and it will stay there Smiley
sr. member
Activity: 630
Merit: 250
Let us put it this way, the glory days of bitcoin has a 4-year cycle like the first launch in 2009, the 2013 ATH and the 2017 glory days. If we look back a year after the 2013,the bitcoin price decreases as it reach for a low as 300 USD from 1500 USD in 2013. So same thing could happen this 2018 , where the bitcoin price almost reached to 20k ATH last December 2017, so it is expected to reach the bottom for as low as 5000 USD for the next 2 years.
Last time I don't know the reason why it dropped from 1500 to 300 USD, but one thing sure 2013 very less people knew about this bitcoin, and maybe some group of people pumped bitcoin and cheated a normal people. But this time I think most of the people around the world knew bitcoin and invested in bitcoins. So my strong belief is no one can sell their bitcoins for loss and let this bitcoin go under $5000.
legendary
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and this is the pattern from 2016 to the present:


What if it really happened, give your opinion? Cheesy

If you draw support lines through all the lows in your graph, bitcoin would need to fall below $8,800 in order to then break down to the $4000 level. If it hits the support and then bounces back up, it is still within the rising channel that started in 2016.
legendary
Activity: 2114
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There is trouble abrewing
It would be a terrible thing if the Bitcoin pattern is the same as in 2013-2015, it could be the end of 2018 is only about 4000 $ -6000 $, as I think if it might happen?

2013-2015 was a very different time for bitcoin.

we had Mt Gox which was somewhat the only exchange available out there for trading (it had more than 85-90% of the total volume) and it not only fake pumped bitcoin but also scammed people and ran away.

it was mainly the recovery from that scam and the market losing its main exchange!

there was also nowhere near the same adoption of bitcoin back then. people barely even knew about it let alone want to invest in it. bitcoin was still a mystery that might or might not have been banned. but now countries are adopting bitcoin for real like Japan, we have mainstream adoption and Wall Street is even publicly involved now! there are Futures, ETFs, ...

literary nothing is similar to that period Cheesy

Quote

What if it really happened, give your opinion? Cheesy

i would be very disappointed in bitcoin and all the investors in it to be honest. if we see something like that happening again, i will be convinced that nobody cares about bitcoin as a technology, or a currency,... all everyone ever cared about was the money.
it proves that the motivation to buy bitcoin was to get rich and now they are "shorting out" with the first sign of drop.
sr. member
Activity: 616
Merit: 256
Let us put it this way, the glory days of bitcoin has a 4-year cycle like the first launch in 2009, the 2013 ATH and the 2017 glory days. If we look back a year after the 2013,the bitcoin price decreases as it reach for a low as 300 USD from 1500 USD in 2013. So same thing could happen this 2018 , where the bitcoin price almost reached to 20k ATH last December 2017, so it is expected to reach the bottom for as low as 5000 USD for the next 2 years.
legendary
Activity: 2310
Merit: 1076
zknodes.org
If in the spring it becomes cheaper, at the end of the year November-December should go up by 1.5-5 times. Bitcoin has such a tendency.

agree, we just need to be patient for longer and see price developments. I have seen the above graph speculations, there are similarities with a few years ago but I do not think this will happen this year.

then what convinces you that this will not happen in the future?
invent reason that would make sense?
member
Activity: 174
Merit: 10
First thing first I think it's too early to predict the price of bitcoin since we are still in feb and the second thing despite all analysis and "expert" opinion, no one really knows what will happend to bitcoin price
sr. member
Activity: 616
Merit: 250
It's very possible that it will happen because btc goal now is 25k-30k so it's of course possible it can reach 40k+ but it's not always that way it may go sidewards.
hero member
Activity: 952
Merit: 500
There seems no solid reason for bitcoin to fall down to 4,000 dollars. If there had  been a chance, then bitcoin should have fallen down to such price by this time.But we  could still see a huge buy wall for bitcoin which has holded its price from falling more.But we could also not deny the big whales game out of which shorting is a technique where bitcoins are sold with a prediction that it's price would fall more and it would cause much more damage to the present market.This situation remembers me of the situation two years ago when Chinese gamblers manipulated the bitcoin price by pumping and dumping and now it returns once again.
sr. member
Activity: 532
Merit: 250
If in the spring it becomes cheaper, at the end of the year November-December should go up by 1.5-5 times. Bitcoin has such a tendency.

agree, we just need to be patient for longer and see price developments. I have seen the above graph speculations, there are similarities with a few years ago but I do not think this will happen this year.
newbie
Activity: 112
Merit: 0
If in the spring it becomes cheaper, at the end of the year November-December should go up by 1.5-5 times. Bitcoin has such a tendency.
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