Topic: How much Bitcoin price Expected end of this year - page 3. (Read 781 times)
rationally and in data, I am very confident that the price of bitcoin will be at rates of more than 5,000USD at the end of this year. indeed mathematically, I am not too sure of any significant changes. 2019 can be said as a beginning to reach a much higher level when it reaches its peak in 2020. Bitcoin is now increasingly in demand and more and more people are using bitcoin, this is a very good growth circulation. we only have to wait for a while until someday bitcoin can become a major commodity in the global financial system.
My opinion is that bitcoin will reach this year 10,000$ but this is just my thought and i can't say 100% this will be the price or higher or just much lower, but i think after Bakkt the price will increase.
That is too damn high to be reached considering the point we are right now. There are many more to happen if you want to see the price get trippled within a year. And also people have seen the up and down and they are now more afraid to be involved in cryptocurrencies. Volatility can hit them hard and have a negative impact in their financials. Thus, investors' segment has been shrunk compared to early 2018.
My choice is lower than $5000 for the end of this year but I believe that there might be an unknown factor that might really help in pumping the price of bitcoin this year. ETFs and the BAKKT may help help increase the bitcoin price this year but I doubt if this rise will lead to another bullrun. The following year 2020 is a halving year but some traders and investors believe that bullrun will only happen months after the halving.
I am speculating that bitcoin should be around $10,000 by the end of this year. We should expect a drastic change of bitcoin price directions by end of June. Most of the technical indicators are now showing sign of extremely over sold and it is a good measure as it point to a change of trend directions. If you are a risk taker I will admonish you to buy bitcoin from now till end of May as that is when most great change happen in cryptocurrencies market
No technical indicator can show you that
I mean there is no such indicator that can really predict or foretell that there will be a price rise like 3 times. Where did you get that and what "most of the technical indicators" you refer to here? At most, they can show you that a trend change can be expected but none of them will tell you the range of this new trend. Some people are using TA with crypto but I'm curious how much is that different from tossing a coin in its predictive capacity
It's far too long period of time to make such predictions. People speculate with different values, usualy very high ones that are more product of wishful thinking than any solid analisys or result. I'm more focused on some close future and how to adjust the current conditions on the market. I expect for price to rise but that will be slow and graduate process and I don't think Bitcoin can come to 10000$ this year.
I vote for $7500 although we know that no one can predict the price of bitcoin by the of the year still we hoping that it will higher that to December price 2018. Hopefully it will be happen so it will be good for us.
I am speculating that bitcoin should be around $10,000 by the end of this year. We should expect a drastic change of bitcoin price directions by end of June. Most of the technical indicators are now showing sign of extremely over sold and it is a good measure as it point to a change of trend directions. If you are a risk taker I will admonish you to buy bitcoin from now till end of May as that is when most great change happen in cryptocurrencies market.
How much Bitcoin price Expected end of this year
I do not expect bitcoin to grow more than 10k, because it is difficult to see from the last 10 months.
I hope that bitcoin will grow in the next few months until its position is at 9k, maybe that way, there are many altcoins that can grow better
I'm surprised that out of 9 people who voted, 3 actually think that we'll end above 10k considering the current circumstances. Well there's nothing wrong about being optimistic but i guess that's a little farfetched.
Now it's 5/11 who think we'll hit $10K+. I don't think people would be this bullish if the bottom was already in. At the bottom in 2015, everyone was bearish.
Difference between gambling and Bitcoin.
- With gambling the house always wins.
- With Bitcoin there is no house.
I think the volatility has to do with Bitcoin attracting gamblers....
- With gambling the house always wins.
- With Bitcoin there is no house.
I think the volatility has to do with Bitcoin attracting gamblers....
What about exchanges? I'm pretty sure Bitmex, Bitfinex and others have been front running orders and running peoples' stops for years. I've met some disheartened Bitmex traders who feel like trading there = playing the house.
True, haven't looked at it from that angle. I think you have a good point. Exchanges are gaining through transactional fees which allow them to profit from everyone even though they lose or win. That is kind of like the share the house is taking.
I voted for $ 5000 and I think it will the max reached in the end of this year for many reasons the principal one the low of price last year can have a serious psychological effect on a person who invest.
it is highly unlikely that we see a new ATH this year in my opinion. what is possible to happen however is that we will see a rise start up like what happened previous time after the big dump of 2014. and that rise will be able to bring bitcoin at at least $10,000 so my choice would be somewhere between the $10k and $15k poll options.
and lets not forget that the recoveries always happen like this, slow at first with multiple trace-backs before the big rises start. and that can take a year.
and lets not forget that the recoveries always happen like this, slow at first with multiple trace-backs before the big rises start. and that can take a year.
$10k-$15k wouldn't be a slow recovery at all. it would be a much faster recovery than we saw in 2015.
let's hypothetically assume the market already bottomed out. if we use the 2015 lows and highs as a model for the current market, we can expect a 230% increase by the end of the year = $7189.
i'm guessing $7k-$8k is the best bulls can expect in 2019. if december wasn't truly the bottom, i would revise that target even lower.
it is highly unlikely that we see a new ATH this year in my opinion. what is possible to happen however is that we will see a rise start up like what happened previous time after the big dump of 2014. and that rise will be able to bring bitcoin at at least $10,000 so my choice would be somewhere between the $10k and $15k poll options.
and lets not forget that the recoveries always happen like this, slow at first with multiple trace-backs before the big rises start. and that can take a year.
and lets not forget that the recoveries always happen like this, slow at first with multiple trace-backs before the big rises start. and that can take a year.
I'm confident that we can hit the price of $10,000 this year because bitcoin will bounce back from the bear market and many adoption with cryptocurrency can happen. Its hard to hit that price but I know it will be more possible if all people will use cryptocurrency again, I mean the demand will increase again. 2019 will be good, let's think for that one.
Believe me it's so hard to say... People were expecting 10K and higher at the end of 2018 but as you see, instead of rise from 6-7k to higher, we got huge loss, bitcoin's price felt from 7k to 4k, glad it didn't go below 3K. So from this, with current statistics no one can predict future price, imagine if current price go under 3K, I think number 2 will cause stress in people, once they'll become very pesimistic, bitcoin will dive.
My opinion is that bitcoin will reach this year 10,000$ but this is just my thought and i can't say 100% this will be the price or higher or just much lower, but i think after Bakkt the price will increase.
Difference between gambling and Bitcoin.
- With gambling the house always wins.
- With Bitcoin there is no house
- With gambling the house always wins.
- With Bitcoin there is no house
Well, this point has been discussed at length before
The sad truth is that there is the house in trading, even though it doesn't exist as a single entity like with casinos. First of all, it is exchanges themselves as others have already pointed out. They have an undisputed advantage (yeah, an edge) before traders, and it would very shortsighted to think that they won't make use of it. Further, there are different types of insiders who have first-hand information about future events. For example, that could be dudes from regulating bodies like the SEC, CFTC, and other such entities, whose decisions affect the cryptomarket. Then there are arbitrageurs who are also milking the market whenever there is an opportunity, while staying away from trading when there is none
In this manner, if we consider crypto as a zero-sum game (which is not too far from truth), trading starts looking suspiciously similar to gambling for the ordinary trading folk (i.e. when you are not of these dudes). If you are a simple trader, it pretty much means that you can't take money from this crowd, so your chances get reduced while theirs can be rightfully considered a house edge which you can't beat
I don't dare to expect high price this year because last year when people says bitcoin were not fall to $3xxx below but in fact at that range the current of bitcoin but depend on the situations related to bitcoin news i think the price will determine by market decissions whether it will be bad or good and if upcoming news is bad then probably we will see the price stick to current range or below
Well it's hard to say what will be the price of bitcoin at the end of 2019. Lets observe for now because until now bear market is on. But hopefully we see a move up in the market so we can make a little profit.
I'm surprised that out of 9 people who voted, 3 actually think that we'll end above 10k considering the current circumstances. Well there's nothing wrong about being optimistic but i guess that's a little farfetched.
Now it's 5/11 who think we'll hit $10K+. I don't think people would be this bullish if the bottom was already in. At the bottom in 2015, everyone was bearish.
Difference between gambling and Bitcoin.
- With gambling the house always wins.
- With Bitcoin there is no house.
I think the volatility has to do with Bitcoin attracting gamblers....
- With gambling the house always wins.
- With Bitcoin there is no house.
I think the volatility has to do with Bitcoin attracting gamblers....
What about exchanges? I'm pretty sure Bitmex, Bitfinex and others have been front running orders and running peoples' stops for years. I've met some disheartened Bitmex traders who feel like trading there = playing the house.
I can't see any increase in the number of transactions or in the value of the transactions that happen in the bitcoin chain. My initial thoughts were that we are going to recover in Q1 2019. Now I think that we are going to fall a little more from $3300. I believe that the price in the end of this year will be around $4000, a stagnant year, and maybe we are going to see a rise again in 2020.
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