Topic: My vision of the market in the coming months - page 5. (Read 6055 times)

The first thing to consider is how high this market would go. People haven't forgot the last pump and dump that's why they'll be extra cautious on buying high this time that would led to a lower high that could be 1400, 1200 or current price. And this market would of course have correction but this correction too wont be extreme. I believe 8000 is the new low for bitcoin.

The altcoins doesn't look so very bad now, as a matter of fact they are also doing good same as bitcoin. The market has a lot of possibilities, it can go sideways and can have a correction as low as $2,500 as they say.
Let them say the assumptions and speculations that they had because they failed to buy during those prices, so in result they are all hoping that the price would go as low as that when a correction comes.

The Bulls are already running but not enough steam to sustained and drive the crypto market further, it needs more support from the major cryptocurrencies to break the $400 Billion dollar market Cap in my opinion just like 2017 bullrun when reaching $400 Billion dollar mark cryptocurrency price breakout in most of all cryptocurrencies that actively traded including those so called shit coins.

Most indicators are bullish for bitcoin plus both the fundamental and technical analysis are also positive and then there is a 3rd analysis that resolves around btc halving and that is extremely bullish so all these factors are stimulating the price and im already seeing many experts calling new high peak of 100k coming for btc.

Either bitcoin draws back to 7k or it stays at 10k it doesn't bother me much and I'm happy that the FOMO is increasing ,what I have in my mind right now is what will happen in DEC 2019 to Jan 2020

I can't pick anything from what you said, do you mean altcoins season will come when bitcoin correction start from this current price surge, could you please explain better.

The price of bitcoin has increased rapidly over a period of 1 day, don't you see it is something strange after the last 1 year the price of bitcoin tends to be more stable. I think Bitcoin will again speculate and prove its HYIP for the launch of Libra by Facebook recently. Prices are unlikely to fall back below $ 8K, Bitcoin will stay at $ 10K in 2019.

So you have realized what that FOMO is We have really gone through the ups and downs of the market. setting up a demand has increased rapidly recently and it has its own "special" signs. For me, I simply thought through a bit of information from the G20. A real difference.

I don't believe in BTC below 8k again, it's not impossible
I disagreee with you about altcoins, look, everything is green on alts, look ETH, XMR, LTC, all good coins are in green, it`s a great moment for everyone

We cannot say for sure that we will go below $7000. The fact is that the news about Facebook issuing its digital currency called Libra has heated the market and its impact has obviously on the market. As a result, many coins have surged including Bitcoin sitting at around $ 10000. But even after that, we cannot predict what course the market will take in the days to come.

I think FOMO is loading for Bitcoin. We can see it on the market now already. Bitcoin has raised 2k in 2 days.
It is not normal price rise. It is the effect of FOMO!

Today we are seeing a very interesting picture of the cryptocurrency market. Bitcoin shows fast and sharp growth, and altcoins now look very bad.
I want to share my opinion and how I see developments in the coming months in the cryptocurrency market:

Now, most news telling that Bitcoin for the first time in 1.5 years has overcome the price of 10 thousand dollars and this suggests that now many people will go to buy Bitcoin and FOMO will come to the market. This will definitely push the price up. Based on technical analysis, I think that in June or early July we will see a bitcoin price of 11825 dollars for bitcoin. but we all know that after each growth correction must come, and now it, too, will have to happen in order to take money from weakly believing people. It will come from the level of 11825 that as I see the correction and I think that during the correction there is a chance to return to the level of 7500-7900 for Bitcoin. Will we go below the 7500 as Tone Vays said? - I think no.
After the correction, there will be an accumulation of positions for several months, and then a lot of positive news, the arrival of large investors and to the moon.

Make your investment strategy by yourself and watch the market every day.......

What do you think about this? Am I right?