Topic: Crashing' Bitcoin Predictions (Read 660 times)

I believe the crashing predictions are just there so there is an healthy amount of suspicion of this increase. You can't just expect EVERYONE to think bitcoin to go up, some people will eventually think it will go down, the higher we go the more people will start talking about how its close to getting down eventually. The price is at a decent level right now, it may go up or it may go down and we will never know.

However, if price were to increase to 20 thousand dollars in June then there would be much more people thinking bitcoin will
eventually go down, you can't expect bitcoin to only go up, that is insane, it will eventually go down for sure. The question is, will it go down now or will it go down after it hits x dollars, it may continue to go up more, it may continue to break the all time high price but that doesn't mean one day eventually it will go down.

Everytime we can't expect similar pattern of growth with bitcoin and other cryptocurrencies. Previously we've encountered such a kind of price drop and further things changed with time. By that time there were more controversy on the growth stating it as a bubble though it is a good bull market. Further when the price drop took place it was mentioned as a price wave, this time the growth is steady and moving stronger than ever.

That was the point at which we had 7 sequential long stretches of gain, but every time cannot always have gains, many people believe there will always be pull back because we don’t all reason alike. As you have the mentality of holding, so other investors also have the mentality of taking profits for those that cannot wait till bull run before they take profit.

Do not also forget the fact that we have traders that take profits virtually on a daily basis, but the reason why bitcoin will always be outstanding is because no matter the pull back, the bulls are always stronger to hold it up and push it back to its original value and far above that.

you may remember it like that, but that's not how it happened. we pulled back $1350 to $900, then $3000 to $1800, then $5000 to $3000, $7900 to $5500......the final few weeks of the bubble went vertical but we are nowhere near that stage in a bull market.

Yeah we have witness that bitcoin crash and mostly users felt uncertainty through bitcoin bearish market. Some had been throwing already their bitcoin investment by dumping it at a low price knowing that could be a good profit after the comeback. Yet, they still feared out of it so probably if they had seen already the market went high now then they will going to regret it by now.

I learned one thing in bitcoin and that is to believe on it. Risking also played a lot of role to be successful in the future.

I do not understand people who think that bitcoin needs to go back a bit first to go even higher. Do you guys remember the 2017 peak at 20 thousand dollars? The price went up so high that it didn't even look back, it just went straight up without any pull back. There has been a lot of times like that (November 2014 as well when it hit 1400 for the first time).

Bitcoin doesn't need to go low first in order to higher, it can go up right away without going down first. Yeah sometimes the pull back is important and needed, it does happen quite frequently but just because it is healthy and sometimes happens doesn't mean it will happen all the time, it can go up with it or without it. I think this time around the bulls are too strong to let a pull back happen and it will go straight up, except maybe veeeeery small ones.

I've been thinking along similar lines. It's too bad so many people are eyeing $10K as the target area. Not just you and me, but Masterluc, Peter Brandt, and other analysts I've seen as well. When the target is so obvious to the market, it makes me worry something else is going to happen. Like how everyone (including me) thought there would be stiff resistance around $6K, but it fell almost instantly.


Based on the momentum of this rally, that's the best historical parallel I can find.

The faster we rise, the harder we fall.

You expect us to believe what you said without providing any reason why you think bitcoin is going to crash to 1500! It is surprising how we make some predictions and think that is going to happen without looking at the past data. The op opened this thread in September last year and the bearish trend that makes him to do that has ended.

The resistance at 8500 was breached after some trouble, as expected.
I think it will go now to about 10,000 usd and then crash for at least 7 days in order to make at a minimum a weekly negative candle. We can even do a negative zig-zag: weekly down, weekly lateral/up and weekly down. And then drag around 7000/8000 for weeks.
It's hard at this time to say what will be the bottom for this expected crash. We could repeat the crash we had on the week of 26/10/2015-2/11/2015, that went from 500 to 300 usd, on the beginning of the recovery and start of the move to 20,000.
But we took some time to breach 8500, therefore the crash might not be this heavy. One thing is shore, once we reach 10,000 we will have had a great rally. Don't expect this will go on to 20,000 without a big correction.
But even if this crashes like I'm expecting, I think that eventually it will breach 10,000. I don't see fundamental reasons that can be an obstacle for this to happen.
I'm too lazy to post a chart. Just doing this for fun.

As usual don't trust me. I earn money, but many times the technical signs are so contradictory that I don't have a clue about what is going to happen next. And when the signs are very clear, better suspect about the outcome. This isn't a recommendation. Do your homework.

for me , bitcoin will crash to 1500 usd per btc. there are always new traders and new investors who dont know history of bitcoin .. if crash does not happend this year . 2020 and 2021 will crash for sure

According to your analysis, do you think that at $ 8K there is a difficult resistance to get out or break? What happens is that part of the indicators are not my strong point, rather my vision is different, for me $ 8K is not a resistance, for me it is an area of ​​opportunity, the resistance for me is $ 20K, but I think that The concepts at the trading level can be managed from different points of view and study.

I think it has to do a lot with the operations that are given, in what whales or Strong Hands have prepared for the market, because one thing is what can be predicted and another is what happens, because the Market Makers have had in account all the possible scenarios, often we are surprised by the market, because we think that it is going to make a movement and end up going through another totally different one.

I think that the prediction is good, but it may be lacking at the moment when a fundamental can occur, which according to the graph is not contemplated, but everything in an ideal system.

I'm seeing a heathy pullback first, before we can even touch $8k again. Why? because we don't want to see the price going on a parabolic rise because it will just be another bubble waiting to be burst. Currently, there is strong support around $7k and $7.2. So if there is a pullback, I wouldn't be surprised to see the price increase again in the $8k levels.

I always say that bitcoin will continue grow even from March, but now is something that happen and i can't say for sure that will grow more or will go down, because even go to 7500 and after to 7300$, need to wait and see. But maybe level 8000$ will be pass before of end of month.

How different was that when we were going towards the $3000 level fast last year? People were so bearish that many of them believed that it was only a matter of weeks before we would tank below the $2000 level. Some even dared to point at ~$800 to be a realistic target.

It's going to be interesting to see how the market will move from here. Below $4000 people were super bearish, currently they are super bullish. If the mass is still functioning as counter indicator, we might be up for a surprise pretty soon. If the bulls keep ignoring various oversold indicators, which they have for a while now, shorters might find themselves on the wrong side of the fence.

Shorts have been accumulating rapidly and this might fuel a higher move with a short squeeze shooting the price past $6000 like there has not been any resistance at all.

Remember that God is the one answered prayers and he is a just God and that means even if you pray and the effects of your prayers is going to affect others there is no need of making those prayers.  Bitcoin may not get to $1700 again and I think it is now on the way back up again.

As I wrote on this post, about 45 days ago, I think that the crash is over. That we are going to repeat the slow recover of 2016.
This means that this time seems to be different and that we won't have a full year like on 2015 of simple consolidation.
But I suspect that we are going to have a hard time breaching 8500 and then 10000 usd.
Since this is going to be a slow recovery, expect some falls. It won't be an easy ride.

But if I'm right, it's time to buy and hold. It might take more than 1 year, but if we break 10000 usd, we will go up, perhaps to test the all time high.

As usual don't trust me. This isn't a recommendation. Do your homework.

Crypto economy was grow in this year but no one is forgot the last year dump. Because day by day peoples are adopt the crypto technology so they are all trying buy some Bitcoin but big holders are just sell the huge investment in single time so it will move to backward and again it takes some time to recover so better to legalized in Bitcoin this will going to moon.

It seems this your prediction come to pass and it is the right views about the current price situation I have seeing in the long time.  The long bearish conditions at the bottom is what we are witnessing now and bitcoin is a bit recovery currently.

I think the same, seeing the liquidity that can present in such a large resistance of $ 3.6ka $ 3.7k represents a powerful area to hold any crash, however, when analyzing the volume, the price has gradually increased without volume, indicating that no there is supply at lower price levels.

Now if a crash occurs the most that can fall is up to about $ 2.8k, since after there, according to Malkiel Burton author of "A random walk by Wall Streeth" would be wiping out the castles in the air of people, and every operator of the  market takes into account that a possible crash is to buy cheaper and be able to raise the price to take profit, is what is always sought.

At least you made sense this time. 

Yes, probably the last bottom is already in. I'm fine with the long and grinding recovery leading to 5 digits again. By experience we know that a sudden burst in price is not good for all of us, just like what we saw in December 2017. It could fall, but I'm not expecting it to go further below the last all-time-high, probably $3600-$3700 will be a big resistance now.