Topic: Could the Bitcoin price by the end of 2018 only 4000$ - 6000$? - page 11. (Read 1400 times)

The year 2017 is a glorious year, a lot of speculation that predicts 2018 will rise. The beginning of the year is a bad thing and a trial for a Trader.
 Let's wait for March, if it continues to decline then this is a bad signal.

It is true that bitcoin price has come down over the past few weeks, but I don't think that the price of bitcoin would go down to $4000- $6000 at the end of 2018. On the other end, I believe it would go up to 25k or 30k at the end of this year.

Exchanges are overloaded with new people waiting to invest. The crypto has never had this much publicity before and also bitcoin touched $20k in 2017. I reckon $4k-$6k is possible but it would have to be due to some panic selling/massive fud. Perhaps if US/China/Japan/Korea government stepped in to incur sanctions on crypto. At the moment this is unlikely to happen, therefore I hope for a bullish trend around April.

It's looks bad and can make money people bankrupt. Real market is mystery but your analyze could happen and make me afraid to continue my crypto activity. Because of that, I'll see the pattern and fix my strategy again, specially about stop loss. I still have faith with bitcoin but prepare for the worst is better. Thank you for your post. 

I seriously don't understand why people need to quote the OP as a whole. It's a classic thing spammers seem to do......

Nothing (at this point yet) justifies the market to sink down that much. The only thing I could see affecting the market badly, is the potential implosion of Tether, and this might happen at whatever point in time.

In order to avoid that scenario, it would be a good thing for exchanges to ditch Tether entirely, and have people convert their Tethers back to USD, or dump them for whatever crypto coin.

The sooner this market has taken distance from Tether, the less damaging the eventual downfall will be. I have seen someone 'playing' around with 1600BTC buy orders on Bitfinex yesterday.

In actual USD form it would be an impressive buy wall/order, but not in case of Tether.

it's hard to believe because basically no one who knows bitcoin wants a price that goes down, but can not be denied one of the analyzes that are part of our calculations, said the price will go down. are we not going to believe it? while the analysis actually occurred in the previous year.

Eventhough there’s a pattern that is coincidental look alike on a year 2013 and now the price is keeping on decreasing because of rapid FUD and dramatical regulation news from South Korea and China.. I think that 4000$ - 6000$ per bitcoin is much of indirectly impossible in my opinion but thinking this way won’t help the community to recover and only take the hopes of the holders.. I won’t take this speculative comment seriously but to think more positively..

I don't believe on such pattern could happens repeatedly. It might same accidentally, but things in bitcoin always changed by a lot of factors and it's usually unidentifiable accurately. So the charts with random reason why it could have the same situation just like 2013 2015 doesn't really makes sense.

It could, and although everyone keeps trying to guess what the bitcoin price will be in the future, the truth is that no one really knows. Bitcoin depends on adoption since it runs on a free market. Right now some people are afraid bitcoin will not deliver what it promised, because of the high fees and slow transactions. Others don't even know what bitcoin is, and they just came in for the price and are now leaving because it's falling. There are those, that see it's potencial and buy and hold, because they know the time to use bitcoin as a global payment method will come eventually. Are the current holders big enough to keep the price at those levels or above them? I honestly think so. We keep having bad news recently, and the price just keeps above $9k. I think it will be hard to put it lower than that, so I will invest at this price on every opportunity I get.

Yes even at that price most of the investors will hold their bitcoin and will even try to buy more at that price, because they know about the importance of bitcoin and therefore they will never lose heart about bitcoin investment. They have good expectation from bitcoin and hope that very soon they  will see the price of bitcoin trading in a very high price.

I have been thinking at something like that all the time, such a pity I didn't sell at ATH and then rebuying in the 4000-5000 range. The point is we cannot be sure that history repeats itself. It could have a different pattern this time.

Price of the bitcoin this moment is $9,932 and they have possible the price down at $4000-$6000 in the end of the year 2018 . If many people sell their bitcoin.  But they big chances the price will increase again the price like 40k dollars upto 50k dollars in the end of this year.

No one knows what is the exact price of the bitcoin in this year 2018. But I hope the price will increase again so we can make more profit.

Its painful but I can’t afford to sold my btc at loss. Well everything is possible and if it happen or what, I will just keep on buying. I still hope that lightning network will done this 1st qtr, this can affect the price to go up. We still have more time to bring bitcoin up, lets see what will happen this month.

It's true if you say pattern is just a pattern, and you ask why it happened?

which we need to know in the world of Fundamental and Technical cryptocurrency.

here's my opinion:
1. because FUD occurs where
2. Technically analyzing the 5th wave should have happened

my conclusion the price will not go up unless 2 things.
1. Good news that can drive the price of Bitcoin itself
2. After reaching the lowest price such as technical analysis.

about my opinion makes sense?

I think in the end the price of coins will be driven by their utility. If Bitcoin is able to fix their slow transaction speeds and decrease their costs, it will have greater utility and more people will buy and use it. If they do nothing to fix their slow transaction times and costs, then it will continue to go downward to prices such as what you listed over time. The best coins in the end will win, in my opinion. If bitcoin wasn't the first dominant coin, it would not be at the top. In fact, now bitcoin is used mostly as a store of value instead of a currency due to the slow speed and high costs. However, the lightning network could fix this if implemented.

Literally anything can happen.  An emp pulse could destroy mining equipment and computers.  New entrants to the market could mistake bitcoin gold or whatever and buy that by mistake.  Regulation, emerging alt coins, financial crises, the list goes on.

Crypto markets are still very new.  I have been trading stocks for many years and cryptos for a few.  A 50% shift in bitcoin price, up or down, is completely normal, I don't even notice it anymore.  Compare that to blue chip stocks.  If any DOW component fluctuated half as much as bitcoin, investors would be jumping off of bridges.  But the stock market has been around for a very long time and is heavily regulated by comparison.  Scale is also a factor: if a mutual fund pulls 100 million from a stock, the market is big enough to absorb that without collapsing.  A similar move in the crypto markets would have a much larger effect.  Many americans put money into mutual funds for retirement, and there are more mutual funds than actual stocks.  Just based on that alone you have a regular influx of money pouring into the stock market every month.  No wonder most experts agree that it is impossible to lose if you make regular contributions to a market index fund throughout your life and don't worry about short term fluctuations.  And the math, so far, agrees:  even if you put in money before the big crashes in history, the market always rebounds and you always win.  The stock markets are relatively stable and established.  But cryptos is still the wild west.  What would happen, if Blackrock, who manages almost 6 tirllion in assets decided to make significant purchases of cryptos?  And then if they decided to get back out?  Take a look at the macros involved in different markets, it is really interesting and reveals the small size, even today, of the crypto markets.  Anyway the point is that compared to more established markets bitcoin is very volatile, dangerous, un-established, and therefore no price movement of any extreme would surprise me.

It is exciting times!  Bitcoin, THE disruptive tech of the century, is in turn being disrupted by newer and better coins before it even had a chance for wide spread adoption.  Will people buy it simply because it is the household name, or will better alternatives replace it as the standard?  If it is replaced then the price can go as low as nothing, otherwise you ain't seen nothing yet.  Either way I guarantee it will be an exciting ride.

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.

The patterns are the same over the years. After the downtrend comes the uptrend. The crypto market has been booming in the last couple of months after the heavy downtrend in August 2017 that saw the total market capitalisation drop below $100B. I think the same is happening now. I'm predicting Bitcoin to be traded at an average price of $55,000 before the end of the year.

With bitcoin's high volatility, its really possible to see those prices. However, it will really take a lot of bad news that will make investors pulled out their funds from the market and crash the market so hard that everyone panics resulting in the price going back to $4K-$6K.

The questions is what are those circumstances that will really pull the price to bottom? I don't think that FUD will significantly impact the market to bring the prices to its knees. The only logical choice that I can think of is that if the scalability issues wasn't resolved in the next coming months, investors will lose their trust and faith and maybe one day decided to pull their money and invest it to altcoins.

Well, it will definitely reach 40k levels before the second yearly quarter ends. We can't really exactly predict what will be value on December 31, 2018, but we can likely predict the new heights it will touch during 2018. Currently we have FUDs of tether which is pulling price down and before we had ban FUDs. Bitcoin will be real king when it is unaffected by any such news.