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Topic: Market will be recovery current year 2019? - page 2. (Read 16235 times)

full member
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Today there are a lot of forecasts regarding Bitcoin for the near future, but analysts at Digital Asset Research, a cryptocurrency market research company, have made a more categorical statement that Bitcoin will skyrocket to $ 50,000 and this is primarily due to a decrease in mining rewards.
legendary
Activity: 3080
Merit: 1353
It is recovering but I heard that current increase of Bitcoin is due to the Dollar price is going down so forex traders are shifting from forex to cryto. I have a friend who works in a bank and say the same thing, the volume in their trading platform decreased lately. This only shows more and more people are getting to know Cryptos and starting to accept and trade it. Unlike years ago where people are scared to even buy a few.
This is quite true, I have friends who works in a Bank and eh closely monitor the movement of the Dollar and when it (Dollar) is going up, the price of Bitcoin slightly go down. Looks like the forex traders are shifting back and fort from Bitcoin t forex but anyway, I still think that Chinse ghost month also has a factor on the sudden drop of BTC price.

I'm not sure about the correlation though, specially the ghost month. I mean, we have seen the market move so fast this year with no single factor. And I still remember that there are times that the supposedly Chinese Lunar Year will bring positive effect to the market, but it didn't, so we can't connect everything that's going on with Bitcoin market because of this so called "Chinese ghost month". The fact that this year, Bitcoin is just recovering from the last bear market says how resilient it is from this factors affecting the global economy right now (US vs China trade war/ Hong Kong domestic dispute / Stock market crash).
hero member
Activity: 1190
Merit: 541
To me market for Bitcoin is pretty great because it has been able to grow over the time and just a look back into the past few months can very explicitly show that there has been a surge from around $3k to more than $13k. This is great and enough proof that the market is in bullish mood and investing in Bitcoin right now could be an opportunity for you to make some good money in days to come.
People had more investment in new coin, and they purchased so much quantity of some coins with little amount which their value has drastically almost turned zero and they still remain in the bear market, that is why they have been thinking that the market as still not recovered yet, many base their judgment on altcoins market, while some of us base our judgment on bitcoin market.

Bitcoin market has already improved drastically this year and I think next year will be better for it, it is only the altcoins that we are waiting for them to make their own surprising same way that bitcoin did in April when it short from that $3k to $13k, even if we don’t see full growth of altcoins this year, I believe that there will still be some developments on altcoins soon.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
It is recovering but I heard that current increase of Bitcoin is due to the Dollar price is going down so forex traders are shifting from forex to cryto. I have a friend who works in a bank and say the same thing, the volume in their trading platform decreased lately. This only shows more and more people are getting to know Cryptos and starting to accept and trade it. Unlike years ago where people are scared to even buy a few.
This is quite true, I have friends who works in a Bank and eh closely monitor the movement of the Dollar and when it (Dollar) is going up, the price of Bitcoin slightly go down. Looks like the forex traders are shifting back and fort from Bitcoin t forex but anyway, I still think that Chinse ghost month also has a factor on the sudden drop of BTC price.

This is still in the range of speculation because direct connection between Bitcoin and US dollar can't be proved and if and how dollar actually affects Bitcoin price. Also we can't tell for sure if current correction is connected with dollar or China.
Anyway, many expected a great deal from 2019 and Bitcoin price has recovered partialy but this is still far from expectations and it's hard to tell with what price Bitcoin will end this year.
legendary
Activity: 1834
Merit: 1036
It is recovering but I heard that current increase of Bitcoin is due to the Dollar price is going down so forex traders are shifting from forex to cryto. I have a friend who works in a bank and say the same thing, the volume in their trading platform decreased lately. This only shows more and more people are getting to know Cryptos and starting to accept and trade it. Unlike years ago where people are scared to even buy a few.
This is quite true, I have friends who works in a Bank and eh closely monitor the movement of the Dollar and when it (Dollar) is going up, the price of Bitcoin slightly go down. Looks like the forex traders are shifting back and fort from Bitcoin t forex but anyway, I still think that Chinse ghost month also has a factor on the sudden drop of BTC price.
jr. member
Activity: 182
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The signs have been very promising so far this year with over 200% increase in BTC value and the market capitalization has also increased, the market has recovered but not fully.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
We might say it's recovery year but not in the full range. Price has moved up more significant than in previous period but corrections are quite often and price didn't reach the level mamy expected it will. There is still time left until the end of the year but I don't think price will cross 15000$ if it ever comes there.

Maybe not in full range yet, but can we complain about it?
I think this is already better than not seeing any recovery at all, last year when the market is so bearish we are hoping a recovery and now it comes, so it's nice to appreciate it while still hoping the recovery will continue.

So far, we already have reach over 200% increase and that's good enough since we are still in the 8th month of the year, meaning there's still 4 months left to end this year and that's enough time to see more significant increases.
if you want to see a recovery, I think the current price can be compared with the price in early 2019. At present the recovery is really happening. although many people are not very satisfied, because altcoin has not experienced such a rapid recovery, but you're right, now it's better than not seeing any recovery. however 2019 is still quite long, so there is still a big possibility that the price of crypto can recover even higher.

It's really long because history itself will tell that eve in the last 3 months, bitcoin is capable of rising and even created a new ATH.
This year, we are still in the 3rd quarter and it's not even close to ending yet since we are still in August, still more than 4 months and to end the year and that is enough to see some good progress if BTC will not fall down again like last year.

We just have to feel confident that it will happen but ready to accept if our expectation will not turn into reality as the market does not stop this year.
sr. member
Activity: 1071
Merit: 253
When we say market recovery, this does not only applies to BTC,
But what if he says market of bitcoin ?  That should only applies to bitcoin alone but when he only says market alone then that means alll crypto coins  .

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at this stage there is no recovery for the market yet as majority of the coins are still down,
the market have done recovering last time and now they are now back on the correction state .

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but somehow we are hoping that BTC will lead the recovery for altcoins to finally rise and so far it hasn't happen yet.
 
if people only buys btc , btc is the only one that will rise and not alts  .

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BTC to break its ATH would be the best chance for altcoins to start picking up,
Now its the time to pick up alts because they are still down . you dont need to wait for btc to break ath because that will take alot of time and if that happens , alts will now probably increasing
If we will wait more so it will get very high and cross our limits of amount if you see any suitable coin you should now buy so after few months it will give you profit in case of holding. Don't lose the opportunity  bitcoin will recover everything till the end of 2019 because so many new companies and new investors has invested their money in bitcoin.
legendary
Activity: 2100
Merit: 1058
I think it doesn't have to be only bitcoin to say that market will be recovering. Bitcoin has already moved almost x3 as the price it has started the year, altcoins usually move faster than bitcoin and increase faster than bitcoin as well and they didn't had that.

Some coins went up for sure but most of them went down and are 80%+ less than the price they were at their all time high whereas bitcoin is less than 50% right now. That is why bitcoin could stay in its place without moving up whereas altcoins could go up and the market would be recovering and gaining total volume plus market cap size. If that happens that would be as good as or even maybe better than bitcoin all alone going up, that only helps bitcoin people whereas the other one helps all crypto together.
full member
Activity: 1638
Merit: 122
When we say market recovery, this does not only applies to BTC,
But what if he says market of bitcoin ?  That should only applies to bitcoin alone but when he only says market alone then that means alll crypto coins  .

Quote
at this stage there is no recovery for the market yet as majority of the coins are still down,
the market have done recovering last time and now they are now back on the correction state .

Quote
but somehow we are hoping that BTC will lead the recovery for altcoins to finally rise and so far it hasn't happen yet.
 
if people only buys btc , btc is the only one that will rise and not alts  .

Quote
BTC to break its ATH would be the best chance for altcoins to start picking up,
Now its the time to pick up alts because they are still down . you dont need to wait for btc to break ath because that will take alot of time and if that happens , alts will now probably increasing
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
We might say it's recovery year but not in the full range. Price has moved up more significant than in previous period but corrections are quite often and price didn't reach the level mamy expected it will. There is still time left until the end of the year but I don't think price will cross 15000$ if it ever comes there.
I've basically didn't expected that we'll hit $10k-$13k early. Although $13k was the peak price that we've seen for this year, this gave more optimistic speculation to most.

I'm positive to see it end $15k but if not, that's just fine.

When we say market recovery, this does not only applies to BTC, at this stage there is no recovery for the market yet as majority of the coins are still down, but somehow we are hoping that BTC will lead the recovery for altcoins to finally rise and so far it hasn't happen yet.

BTC to break its ATH would be the best chance for altcoins to start picking up, but if not, it will remain in its position now because if BTC rise and fall, this would affect the altcoins as no investors would be interested with its movement, people are focusing on BTC based on my own observation.
hero member
Activity: 2534
Merit: 586
if you want to see a recovery, I think the current price can be compared with the price in early 2019. At present the recovery is really happening. although many people are not very satisfied, because altcoin has not experienced such a rapid recovery, but you're right, now it's better than not seeing any recovery. however 2019 is still quite long, so there is still a big possibility that the price of crypto can recover even higher.
Dear, I see no reason why many people would not be satisfied, that is why we are all dyeing of greed and making the whales to have full control over us and gather our wealth to them because they have seen our greed as our weakness.

The people that can ever claim they are not satisfied with this currency price are those that purchased their coin out of fomo in the last bull run, which made them to buy the coin at peak price, we can understand them because the value now is juts half way what they invested, and they are really eager to quickly get back to that value for them to pull their investment, but we have so many people that successfully bought when price was $4000, and seeing their $4000 grow in 3 months is not satisfactory enough?
hero member
Activity: 3024
Merit: 680
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We might say it's recovery year but not in the full range. Price has moved up more significant than in previous period but corrections are quite often and price didn't reach the level mamy expected it will. There is still time left until the end of the year but I don't think price will cross 15000$ if it ever comes there.
I've basically didn't expected that we'll hit $10k-$13k early. Although $13k was the peak price that we've seen for this year, this gave more optimistic speculation to most.

I'm positive to see it end $15k but if not, that's just fine.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
We might say it's recovery year but not in the full range. Price has moved up more significant than in previous period but corrections are quite often and price didn't reach the level mamy expected it will. There is still time left until the end of the year but I don't think price will cross 15000$ if it ever comes there.

Maybe not in full range yet, but can we complain about it?
I think this is already better than not seeing any recovery at all, last year when the market is so bearish we are hoping a recovery and now it comes, so it's nice to appreciate it while still hoping the recovery will continue.

So far, we already have reach over 200% increase and that's good enough since we are still in the 8th month of the year, meaning there's still 4 months left to end this year and that's enough time to see more significant increases.
hero member
Activity: 2156
Merit: 711
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Step by step analysis of bitcoin market, this current year 2019 bitcoin will be recovery its price and reputation. I think bitcoin will be highest soon or later in this running year...

Yes, I guess bitcoin has started to recover. Also, I think bitcoin price would hit $20K within this year. Bitcoin price was $ 19K, So to break its highest point it has to reach $20K. I think it is tough but not impossible.

And also Bitcoin will take time to recover because the price can't go up over-night. Bitcoin price is increasing slowly so we may keep calm & wait for the right time. If it is not touching $20K in 2019 then surely it will break the ice in 2020.
legendary
Activity: 1834
Merit: 1036
It is recovering but I heard that current increase of Bitcoin is due to the Dollar price is going down so forex traders are shifting from forex to cryto. I have a friend who works in a bank and say the same thing, the volume in their trading platform decreased lately. This only shows more and more people are getting to know Cryptos and starting to accept and trade it. Unlike years ago where people are scared to even buy a few.
hero member
Activity: 2646
Merit: 587
Step by step analysis of bitcoin market, this current year 2019 bitcoin will be recovery its price and reputation. I think bitcoin will be highest soon or later in this running year...
Your prediction is quite appiciatable. But Bitcoin hit 11.8k$ from 3K$ in this year, which is huge. That's why  It can't be exactly predict that what will be the cost per Bitcoin by 2019 Dec but i guess btc will remain same as Now (around 10k$-13k$)
I would not want to judge the  value it will hit based on its last performance in 2017 because that was a bull run time, but even if there is not going to be bull run this year, I am very optimistic that by December, we should at least be $15,000.

If bitcoin  can get to this value by December, then we should expect that bull run will start very early next year because that would be at least 60% of the last value and based on some analysis, we need such percentage to force the market into bull run, bitcoin at that value would not really be a bad increase at all, just that I am not sure completely if the bulls will be able to hold stringer or those who are doing sorts in the market will force it to correction state just like they have been doing with many increases we have witnessed of recent.
full member
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Step by step analysis of bitcoin market, this current year 2019 bitcoin will be recovery its price and reputation. I think bitcoin will be highest soon or later in this running year...
Your prediction is quite appiciatable. But Bitcoin hit 11.8k$ from 3K$ in this year, which is huge. That's why  It can't be exactly predict that what will be the cost per Bitcoin by 2019 Dec but i guess btc will remain same as Now (around 10k$-13k$)
hero member
Activity: 2604
Merit: 816
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If the market cannot guarantee to recover this year, we need to wait for the next year, and that will make people waiting for longer. But that will worth if in the next year, the market can fully recover so we can back to make a big profit like 2017-2018. But this year, I see that we are in the right way to see the market is trying to recover, although in the bitcoin market is up and down many times. But we will see the market will recover from this year and the next year and we will see much good news soon.
legendary
Activity: 2954
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I don't think bitcoin will go for a new high but BTC price will be better than now! What does mean by recover here? 19K USD again? I think that is not possible this year! But we can expect a better crypto market where BTC will be trading on 8K plus USD and ETH 800-900 USD!!

How come you can say that bitcoin cannot reach 19000$ this year ?  Bitcoin has already reached from 3000 to 13000$ in about 7 months and we know that bitcoin normally pumps more in the last half of the year. I can see bitcoin will pass its all time high easily this year.
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