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Topic: I want to ask, at the end of the bitcoin and altcoin year, will the price go up - page 3. (Read 1171 times)

legendary
Activity: 2618
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Tontogether | Save Smart & Win Big
according to your predictions or speculations, will bitcoin and altcoins increase in price at the end of the year or not? and if there is an increase in the price of an altcoin, do you think which altcoin will rise higher?

Predictions are not fact, anyone can predict what they believe the market will be by the end of December or so but that does not make it a fact. Every investor wants to see the market green but it is not that simple. This is a festive period when people require money for their festive expenses, so I doubt new money will come into crypto. Although the according to the cryptocurrency fear and greed index, the fear is at 26% as at the time of this post compare to last month 30%, so who knows what will happen by the end of december.
No can promise and make the precise prediction. At times we can experience coincidence with the market. Same doesn't work at times. This is how the market movements will be. Everyone wants the market to be on the green index forever which is common man's mind. One who understands about the market always look for fluctuation which is the one that paves way to generate profit.
hero member
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according to your predictions or speculations, will bitcoin and altcoins increase in price at the end of the year or not? and if there is an increase in the price of an altcoin, do you think which altcoin will rise higher?

Predictions are not fact, anyone can predict what they believe the market will be by the end of December or so but that does not make it a fact. Every investor wants to see the market green but it is not that simple. This is a festive period when people require money for their festive expenses, so I doubt new money will come into crypto. Although the according to the cryptocurrency fear and greed index, the fear is at 26% as at the time of this post compare to last month 30%, so who knows what will happen by the end of december.
sr. member
Activity: 2618
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Quote from: Bazzu
according to your predictions or speculations, will bitcoin and altcoins increase in price at the end of the year or not? and if there is an increase in the price of an altcoin, do you think which altcoin will rise higher?
Yes, Bitcoin has displayed few days ago by moved from $16k to $17k that made many people to believed that there is still hope for long term Bitcoin investors and altcoins investors to see a massive move of Bitcoin price and altcoins price soon. Dogcoin is well position to increase higher like never before in the crypto market for those that embraced the opportunity in this bear season to feel the positive results before the end of this year 2022.

Bitcoin action these quarter is nothing difference from what is the actual price now , it even dropped down to 15k and that shows how volatile and how low it can take this end of the year.

if this coming to continue then we will see even low price before this month comes to ending .

dogecoin is waiting for another boost from Elon Musk and simply as that.
copper member
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Eloncoin.org - Mars, here we come!
according to your predictions or speculations, will bitcoin and altcoins increase in price at the end of the year or not? and if there is an increase in the price of an altcoin, do you think which altcoin will rise higher?
I think Bitcoin still has time to achieve an unprecedented rise, but in my opinion, this year is not enough to recover. We need 2-5 years, and the good thing is that Bitcoin benefited from the crisis of the collapse of the FTX platform and its currency, and the collapse of Luna coin, and it gained the confidence of investors, as it survived by distinguishing itself during the bankruptcy period and the collapse and during the bear market, so there is a bright future and an unprecedented rise for Bitcoin, and we cannot forget Ethereum, as it is one of the best currencies and has huge popularity after Bitcoin, and I think it will rise while Bitcoin rises and the market improves.

Bitcoin will certainly reach new highs but now in the immediate future due to economic crisis all over the world that has depressed all financial markets including Bitcoin. the future of crypto is definitely bright because it has shown tremendous growth during the past years and has created its use case in every sector of indusdtry from finance to travel, health care and many mores.

Ethereum will also outperform once bearish trend is over because it can potentially attract huge investment in DEFI & NFT sector, once ETH 2.0 is fully implemented.
full member
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Quote from: Bazzu
according to your predictions or speculations, will bitcoin and altcoins increase in price at the end of the year or not? and if there is an increase in the price of an altcoin, do you think which altcoin will rise higher?
Yes, Bitcoin has displayed few days ago by moved from $16k to $17k that made many people to believed that there is still hope for long term Bitcoin investors and altcoins investors to see a massive move of Bitcoin price and altcoins price soon. Dogcoin is well position to increase higher like never before in the crypto market for those that embraced the opportunity in this bear season to feel the positive results before the end of this year 2022.
copper member
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Eloncoin.org - Mars, here we come!
Bitcoin and Altcoins are interdependent, Bitcoin will not be able to run alone if there is a red altcoins, proven as happened with altcoins luna or ftt that drops and makes the price of bitcoin drop significantly. This is a risk if we invest Cryptocurrencies like a roller coaster.

Bitcoin being the leading currency of crypto market is not dependent on alt coins, but alts depend on Bitcoin and they always follow the market trend of Bitcoin. There is very strong correlation between Bitcoin and alts market, what happens in Bitcoin market, it immediately affects their price, usually when Bitcoin slides down, the alts fall more than Bitcoin and when Bitcoin rises, sometimes Ethereum ( leading currency of alts market) goes up more than what Bitcoin does.
sr. member
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Bitcoin and Altcoins are interdependent, Bitcoin will not be able to run alone if there is a red altcoins, proven as happened with altcoins luna or ftt that drops and makes the price of bitcoin drop significantly. This is a risk if we invest Cryptocurrencies like a roller coaster.
I think no but altcoins are the only one who depends on btc and not vice versa. That is because btc is the main crypto. Many times we have spotted btc to go first, whether it is pumping or dumping so you shouldn't say that btc is red just because altcoins are also red but it should go like this > altcoins are red because btc is also red.

The case of luna, ftt and other alts are I think a different thing or a different story anymore. It cause a panic to the people and that is why it affected the whole market including btc. Investing in cryptos has a risk but we needed it because this is the only way to earn a profit. Just always remember no risk no gain.
copper member
Activity: 1260
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Eloncoin.org - Mars, here we come!
according to your predictions or speculations, will bitcoin and altcoins increase in price at the end of the year or not? and if there is an increase in the price of an altcoin, do you think which altcoin will rise higher?

The current situation of the market is not conducive for any big rise in not expected by the end of the year, however the recent  statement of FED chairman ( money tightening policy is likely to be softened & further rise in interest rate may not be as high as previous ones) as well as declining trend in oil prices creates some hope that market may stabilize between 17k to 20K in coming  weeks.
legendary
Activity: 2772
Merit: 1128
Leading Crypto Sports Betting & Casino Platform
according to your predictions or speculations, will bitcoin and altcoins increase in price at the end of the year or not? and if there is an increase in the price of an altcoin, do you think which altcoin will rise higher?
I think Bitcoin still has time to achieve an unprecedented rise, but in my opinion, this year is not enough to recover. We need 2-5 years, and the good thing is that Bitcoin benefited from the crisis of the collapse of the FTX platform and its currency, and the collapse of Luna coin, and it gained the confidence of investors, as it survived by distinguishing itself during the bankruptcy period and the collapse and during the bear market, so there is a bright future and an unprecedented rise for Bitcoin, and we cannot forget Ethereum, as it is one of the best currencies and has huge popularity after Bitcoin, and I think it will rise while Bitcoin rises and the market improves.
It has all the time in the world, we are still nowhere near the gold levels and I believe that that's where we will be, 500k+ is quite possible and maybe it won't happen with one more bull run, but the next 2-3 bull runs will make sure that we reach gold marketcap of the world, and that means if you hold it for another 10-15 years the amount of profit you could make from bitcoin is unheard of levels.

Nothing else in the world could make you that much money and that is why it is so important to get in right now. If you do that right now, the amount we could make is as high as x50 in the next 10 years and that would not be possible with anything else if you ask me.
member
Activity: 319
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Bitcoin and Altcoins are interdependent, Bitcoin will not be able to run alone if there is a red altcoins, proven as happened with altcoins luna or ftt that drops and makes the price of bitcoin drop significantly. This is a risk if we invest Cryptocurrencies like a roller coaster.
full member
Activity: 1946
Merit: 112
according to your predictions or speculations, will bitcoin and altcoins increase in price at the end of the year or not? and if there is an increase in the price of an altcoin, do you think which altcoin will rise higher?

Indeed, many people want to know the future regarding the prices of crypto-currencies, however, as practice has shown, any fortune-telling on coffee grounds does not give a positive result. Of course, we can say that the cryptocurrency will rise in price, but then it will be necessary to explain why the price will start to grow, and this usually happens when the crypto market has reached its bottom and now everyone is expecting a bull run. It can also be said that there will be no growth on the contrary, and then this statement will also need to be substantiated. That is, in order for you not to get an answer to your question, you need to at least get a justification for the answer. Personally, my opinion is that there will be no growth in cryptocurrencies in the near future, since now the whole world has now entered a phase of crisis and will probably come out of it no earlier than by the end of 2025. Of course, the rationale for my answer is so-so, but it still indicates that now there are still no prerequisites for growth. Here I mean another flight to the moon, but at the same time, prices for cryptocurrencies can be very volatile, which will be accompanied by a slight increase, as well as falls.
legendary
Activity: 1680
Merit: 1343
according to your predictions or speculations, will bitcoin and altcoins increase in price at the end of the year or not? and if there is an increase in the price of an altcoin, do you think which altcoin will rise higher?
I think Bitcoin still has time to achieve an unprecedented rise, but in my opinion, this year is not enough to recover. We need 2-5 years, and the good thing is that Bitcoin benefited from the crisis of the collapse of the FTX platform and its currency, and the collapse of Luna coin, and it gained the confidence of investors, as it survived by distinguishing itself during the bankruptcy period and the collapse and during the bear market, so there is a bright future and an unprecedented rise for Bitcoin, and we cannot forget Ethereum, as it is one of the best currencies and has huge popularity after Bitcoin, and I think it will rise while Bitcoin rises and the market improves.
full member
Activity: 1050
Merit: 140
I feel like support and resistance doesn't matter if the market decides that it doesn't matter. It’s true that sometimes we have support lines, like for example we haven't been under 16k have we?

I don't remember, but let’s assume that there is a big big big support line at 16k and even if it goes to 16.001 that means it's not going to go down, right? That’s what we would "have" in that example, that doesn't mean that it will never go down, it means in normal situations it won't go down, but in situations that aren't normal, like such as something crashing hard time, or a very bad news, or a ban, or a bankruptcy etc etc, it could still very well go down.
It's not the market is the one that decides if what will happen but it was us the people, our actions is the one that influence the price like for example sbf messes up with his customers' funds. Now this cause his company to collapse and affected the market as a whole.

The market is only showing the outcome. Support and resistance does matter especially for those who trade because it can act as a guide for them to make a move but you are right that there are times that the result can change and not totally according to what is shown in the charts/graph but this is normal and this shouldn't discourage us to do what we traditionally do.
legendary
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according to your predictions or speculations, will bitcoin and altcoins increase in price at the end of the year or not? and if there is an increase in the price of an altcoin, do you think which altcoin will rise higher?

Even just for speculation and prediction, it's really hard to make one as even how good the analysis is, the crypto-market is really unpredictable.

Instead, why not just think of some ways how to take advantage of a given trend? For example, enhanced and improved the DCA strategy, take advantage of cheap coins today, or try to extend your patience by holding your coins that were being bought at a high price.

Predictions if the price will increase in a given target date will just result in an expectation. Better not be used on asking it.
legendary
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Leading Crypto Sports Betting & Casino Platform
No bitcoin highest price in 2017 was around $20k but some exchange was trading slightly above that price. There was no support at that price though as the market barely touched that price then fell very quickly which is why we don't have support at the price currently and now the market is dipping below the price. Bitcoin did trade between $15k to $17k during then and had much support before the sudden pump that saw it passed $20k.
Bitcoin would had still fallen to around the price it's trading now because the market wasn't making any progress and was just waiting to be hit by a negative news like the FTX hack so it crashes.
I feel like support and resistance doesn't matter if the market decides that it doesn't matter. It’s true that sometimes we have support lines, like for example we haven't been under 16k have we?

I don't remember, but let’s assume that there is a big big big support line at 16k and even if it goes to 16.001 that means it's not going to go down, right? That’s what we would "have" in that example, that doesn't mean that it will never go down, it means in normal situations it won't go down, but in situations that aren't normal, like such as something crashing hard time, or a very bad news, or a ban, or a bankruptcy etc etc, it could still very well go down.
hero member
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bitcoin support is at 19k which is the highest ATH price in 2017. but bitcoin can't hold it until it breaks to 15k which is because of the big trouble that is going on in the FTX market. if the bitcoin price is still above 19k maybe it will soon be bull season in 2023/2024. but on the other hand when choosing this chaos happens, and it could be the price of bitcoin towards the price of 10k in the future

No bitcoin highest price in 2017 was around $20k but some exchange was trading slightly above that price. There was no support at that price though as the market barely touched that price then fell very quickly which is why we don't have support at the price currently and now the market is dipping below the price. Bitcoin did trade between $15k to $17k during then and had much support before the sudden pump that saw it passed $20k.
Bitcoin would had still fallen to around the price it's trading now because the market wasn't making any progress and was just waiting to be hit by a negative news like the FTX hack so it crashes.
member
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bitcoin support is at 19k which is the highest ATH price in 2017. but bitcoin can't hold it until it breaks to 15k which is because of the big trouble that is going on in the FTX market. if the bitcoin price is still above 19k maybe it will soon be bull season in 2023/2024. but on the other hand when choosing this chaos happens, and it could be the price of bitcoin towards the price of 10k in the future
$19k is the support last month but on some other months, it is $20k at most. Recently btc fell down due to some negative news and we will be having a new support again. It's hard to tell for now if what will it be since the price seems to continue fell down. $19k was the ath in 2017 but people shouldn't only focus on that.

Btc have gone through ups and down this year and most of the previous price ath have been spotted again but let's hope no previous atl's are going to be seen. Btc can stay above $19k, let say $20k but it doesn't tell that there will be bull runs that will happen next year or so. Bull run can also come even if the price is low or under $19k.
very difficult to predict new things that make bitcoin support to rise again. Now there's just bad news pouring in towards the crypto and altcoin flushes, there's a problem going on. on the other hand this indicates a market does not just do anything hidden. this will be an all market update
member
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A market that still lacks regulatory clarity and certainty, but at least there is a growing consensus around the future of crypto assets. A slow adoption process but one in which some institutional investors are starting to develop a taste for this new instrument. A more liquid market with more and more exchanges, liquidity providers and platforms on blockchain technology.

One thing I think. Be a tough and patient Type Investor, it will probably be quite some time before you recover your initial investment from this point because whenever there is great enthusiasm for a particular investment vehicle then the market tends to overreact very quickly.
copper member
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Eloncoin.org - Mars, here we come!
looking at what is happening with the FTX exchange and knowing that the international market is going through a crisis due to the war in ukraine so do not expect that at the end of the year you will see a high price, on the contrary the price will be falling a lot or it will be stagnated below 22000$, whatever if you are doing long term hodl then you don't need to worry about the price, just keep calm and hope that within 2 years bitcoin price can go up a lot and recover from ATH or even those who know the price can break the ATH in 2 years. but don't expect big price increases in the short term and not even in the medium term, the market will take a long time to recover

My guess is that bitcoin could close the year at $28,000+. There are some signs in the market indicating the end of crypto winter and the last surrender of the bears. Bitcoin will not show strong growth this year. I think ETH will grow more in percentage terms, as it is already showing impressive growth compared to bitcoin, which is gaining very slowly. In my opinion, ETH has every chance to close this year at $2,000+.
I see no chance Bitcoin to reach $28,000+ at the end of this year. It even just dropped to $15k - $16k, quite far from $28k. Moreover, this year will end in 2 months only, so it is almost impossible to see Bitcoin raise $11k+ ($17k to $28k). I guess at the end of this year, Bitcoin may increase to $20k, it is the possible price to reach. About ETH, the price mostly follows the Bitcoin price. You can see the price chart, it is almost the same. If Bitcoin price is still below $20k, the price of ETH won't increase to $2k.



I think we can disregard any prediction that was made before the collapse of FTX, as at the time no one thought that something like this could happen so fast and it has changed the conditions of the market on the blink of an eye.

At this point even a price of 20k at the end of the year may seem difficult to reach as I think this panic is not going to be over soon at all, and if anything it may get even worse as it is possible other exchanges or coins collapse before the end of this year.

$20,000 for the end of the year is not a hard thing to achieve as long as this whole FTX problem ends early, because if this problem drags on for many weeks then we will see the price drop so much that it will be very difficult to get to $20,000, but for now It's still easy to get to 20,000$

It is very hard to predict Bitcoin price but 20K is possible by the end of current year if CPI data continue to slide down and market gets some more good news which can change the sentiment of the market which is extremely negative now.

Usually last quarter of the year is good for crypto market but this November has seen major collapse of FTX which has plunged the market into chaos & it will take time to come out of it. Hence, difficult to make any price prediction with certainty.
hero member
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Leading Crypto Sports Betting & Casino Platform
according to your predictions or speculations, will bitcoin and altcoins increase in price at the end of the year or not? and if there is an increase in the price of an altcoin, do you think which altcoin will rise higher?
Until now, I cannot predict whether bitcoin and altcoins will experience another price increase at the end of the year or whether the situation will remain the same as today because the price of bitcoin is still at a low level and has not shown signs of rising again. But bitcoin can surprise us at the end of the year, whether the price will increase or even decrease again and we can only be prepared for everything. We won't know which altcoin will start increasing first because every altcoin project will want to start a rally to higher prices. But if bitcoin hasn't started to increase, altcoins will still be waiting for the bitcoin movement first.
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