New year and forecasts - page 2. | Bitcointalksearch.org

Barbut

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Quote from: lionheart78 on January 04, 2020, 11:53:21 AM

Quote from: Slow death on January 02, 2020, 11:35:42 AM

In my opinion the price will reach $15000 this year

It is very possible. Bitcoin goes up to $14k last year without any major event being announced so why would it not reach $15k due to halving. We all know that halving often gives the market a great hype and history had shown that BTC price goes up before and after the halving event. Investors think that due to halving of the block reward, Bitcoin became more scarce and that means more demand and less supply. With this in mind FOMO may possibly break out pushing the price of BTC higher.

It would be great if Bitcoin halving can happen at $15k price, that would be a record and great start for any further pump after the halving. We opened this year with a price of Bitcoin over $7k, it's a double more than the last year at the same time! If we see bitcoin at double price, that means $14k, at the beginning of the next year that will be an amazing success!

lionheart78

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Quote from: Slow death on January 02, 2020, 11:35:42 AM

In my opinion the price will reach $15000 this year

It is very possible. Bitcoin goes up to $14k last year without any major event being announced so why would it not reach $15k due to halving. We all know that halving often gives the market a great hype and history had shown that BTC price goes up before and after the halving event. Investors think that due to halving of the block reward, Bitcoin became more scarce and that means more demand and less supply. With this in mind FOMO may possibly break out pushing the price of BTC higher.

Soots

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Quote from: alexsandria on January 04, 2020, 06:42:09 AM

Quote from: Oilacris on January 02, 2020, 11:39:17 AM

Image shows a crystal ball? Its quite funny to look at.

It was from harry potter forgot her name but she was a fortune teller. Well, quite connected to what the OP was trying to address.

Quote

As said about speculation from big news site doesnt really happen most of the time.
Even to those analysis made by those so called popular personalities isnt really that different compared to a normal person who do guess up on what would be the price.
For now we can conclude yet but lets hope that this would be a good year not only on bitcoin but on the entire crypto market.

Anyway, I couldn't agree more to this man. We try to figure it out but in the end we're just failing to do it so. Even the popular people out there ain't getting it right. Bunch of claims yet others get it close but most of it isn't exact. We can just conclude for now but the right action for such price would follow if it really happens.

Let's accept the brilliant ideas with respect on awesome predictions every now and then. Making such conclusive statements was really disappointing to many people who read our comments, that's why we need to be careful in so many ways. Because we can't prevent emotional struggles isn't avoidable due to attitude problems of different person.

alexsandria

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Quote from: Oilacris on January 02, 2020, 11:39:17 AM

Image shows a crystal ball? Its quite funny to look at.

It was from harry potter forgot her name but she was a fortune teller. Well, quite connected to what the OP was trying to address.

Quote

As said about speculation from big news site doesnt really happen most of the time.
Even to those analysis made by those so called popular personalities isnt really that different compared to a normal person who do guess up on what would be the price.
For now we can conclude yet but lets hope that this would be a good year not only on bitcoin but on the entire crypto market.

Anyway, I couldn't agree more to this man. We try to figure it out but in the end we're just failing to do it so. Even the popular people out there ain't getting it right. Bunch of claims yet others get it close but most of it isn't exact. We can just conclude for now but the right action for such price would follow if it really happens.

crossabdd

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any prediction can be made, and any statement about bitcoin is free. in other sub topics many bitcoin predictions will pump. so no need to be confused. convince ourselves by reading information coming from bitcoin. I am personally optimistic that bitcoin will rise above $ 10,000 +

cutesgirl

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Quote from: Slow death on January 03, 2020, 09:41:14 AM

Wow this is getting very interesting, hours after I created this thread, I went to sleep and when I woke up I looked at the price and saw this:

The price jumped from $6900 to $7200 when I woke up, and for the day to get even more interesting when I went to read the news I saw this:

Bitcoin can hit 50k in 2020 very easily nexo ceo tells bloomberg

I wonder where is Tom Lee? He hasn't shown up yet to make predictions. Grin

Quickly jump and down for bitcoin price but never give us surprise for bitcoin can break higher price above $10k, when break out from $6,900 then up to $7,000 then bitcoin price back down with lower price under $7,000. Always repeat the same moment with bitcoin price every time and look with the lower price always, we need big change for bitcoin during when halving time raise up above $10k.

1Referee

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Quote from: Slow death on January 03, 2020, 09:41:14 AM

Wow this is getting very interesting, hours after I created this thread, I went to sleep and when I woke up I looked at the price and saw this:

-snip-

The price jumped from $6900 to $7200 when I woke up,

It might look good, but all we did is have a minor increase to test the downwards sloping resistance of the descending triangle we're in. We have thus far not managed to close a 4H candle above it, which seems pretty indicative of sellers happily selling that most likely to be top. We will likely see a break before the end of next week. These patterns are bearish so don't be shocked to see the price dump to low $6000's.

Positive note is that we yet again have hit an all time high in hashrate, which could be an indication that miners for now are done dumping and thus there is less selling pressure. In case the descending triangle has a bullish breakout, low $8000's is a realistic next target. We'll see how it goes.

exstasie

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Quote from: alyssa85 on January 03, 2020, 06:29:23 AM

My prediction is that it will get to about $20k before the halving. But will fall back afterwards as people take profits, and then settle at around $13k to $15k.

That's sort of what happened to litecoin during it's halving last August (a pump prior to the halving, and then a sell off as people took profits).

I roughly agree, though I think $20K is aiming too high. In 2016, the May/June pre-halving pump only netted ~80% gains. Plus I think bears will attempt to paint a "double top" in the $14K area. So my target will be in that area.

I think David has the right idea with this projection: https://bitcointalksearch.org/topic/m.53389283

thecodebear

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Quote from: Kemarit on January 03, 2020, 04:09:04 AM

Quote from: Wexnident on January 02, 2020, 08:18:56 PM

Aren't they just hyping the fear for Bitcoin so that the bigones could actually keep buying BTC at low prices?

Probably, and most media outlets are obviously have some incentives behind writing useless articles to sow fear from newbie investors. It's one of the most effective methods, sad to say.

Quote from: Wexnident on January 02, 2020, 08:18:56 PM

Then they suddenly hype it out after the halving or half a year or so, creating a situation where they actually buy low and sell high for that time period. Well, it was made into a joke so I guess all's well and fine I'd say. As for BTC Price next year, A minimum of 100% increase should be expected right? That is if no bubble occurs that causes the market to crash below the expected stabilized price, i'd say the year would end around 14 - 15k. Quite an acceptable ending if so right?

$14k-$15k is quite conservative estimates. The halving this year will create a lot of hype on Bitcoin again so I wouldn't be surprised if we reach $20k at the end of the year. Although I'm not sure if that is sustainable long term.

Yeah $15k is very conservative considering it hit $13.9k last year. Now if the end of the year has a down spell it could END the year at around $15k, but I think this year at some point it'll be around $20k. Price in the past has gone exponential the year after the halving. So I think we should expect gradual price increase this year, with the second half of the year probably being in general in the $15k - $20k range. 2019 saw a 100% gain from start to finish, I think it will be a bit more than that since Bitcoin should be getting closer to the next huge bull run, so I'd say closer to 200% gain this year. So possibly topping the all time high, or at least building up close to it this year, in preparation for leaving it in the dust next year.

Slow death

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Wow this is getting very interesting, hours after I created this thread, I went to sleep and when I woke up I looked at the price and saw this:

The price jumped from $6900 to $7200 when I woke up, and for the day to get even more interesting when I went to read the news I saw this:

Bitcoin can hit 50k in 2020 very easily nexo ceo tells bloomberg

I wonder where is Tom Lee? He hasn't shown up yet to make predictions. Grin

STT

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Nothing on the charts especially shows big negatives, it shows price finding resolution after vast movement in 2019 and in revision we find a base and then a trend. That process can take the whole of 2020 though we all seem to expect events to trigger something more excitable then just sideways or price revolving as it has in prior months.
Till I can see otherwise I think we may peak in the summer but I think 2020 is a base forming year not the bigger year that BTC can sometimes have. So you know if I was stating numbers I would say something quite within the region we tracked in the last quarter.

Wexlike

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Quote from: Steamtyme on January 03, 2020, 06:57:43 AM

I'm not going to lie. I've given up on caring what channels and "news" are predicting for the price. I really only believe that that the long term it is going to rise. I did make a ~~prediction~~ guess in Micgoosens latest giveaway, which is definitely on the highside for this quarter, but it's more of what I would expect a high of this year to reach, and that's 14 950 or so - real close to you.

In the end I've funnily moved towards the 1BTC = 1BTC, it will just depend how much of it I have to use to buy what I need or sell for what I need that will change. Probably not what you are looking for Grin

It's just the mindset I've found myself left with after pulling at threads the last few months.

These news magazines are online producing headlines for klicks, mostly based on some random bogus technical analysis based on a random twitter post. Zero credibility. Just buzzwords trying to lure you into the click trap.

Steamtyme

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I'm not going to lie. I've given up on caring what channels and "news" are predicting for the price. I really only believe that that the long term it is going to rise. I did make a ~~prediction~~ guess in Micgoosens latest giveaway, which is definitely on the highside for this quarter, but it's more of what I would expect a high of this year to reach, and that's 14 950 or so - real close to you.

In the end I've funnily moved towards the 1BTC = 1BTC, it will just depend how much of it I have to use to buy what I need or sell for what I need that will change. Probably not what you are looking for Grin

It's just the mindset I've found myself left with after pulling at threads the last few months.

cutesgirl

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I think bad prediction and he made joke with bitcoin back lower price under $1000 in this year, I have opinion about bitcoin price with new year where can reached above $20k where bitcoin will faced with bitcoin halving for giving price up, big effect from bitcoin halving because many investor still trust with halving become most happiness moment to make bitcoin back to higher price.

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Quote from: Kemarit on January 03, 2020, 04:09:04 AM

$14k-$15k is quite conservative estimates. The halving this year will create a lot of hype on Bitcoin again so I wouldn't be surprised if we reach $20k at the end of the year. Although I'm not sure if that is sustainable long term.

My prediction is that it will get to about $20k before the halving. But will fall back afterwards as people take profits, and then settle at around $13k to $15k.

That's sort of what happened to litecoin during it's halving last August (a pump prior to the halving, and then a sell off as people took profits).

barabarian1

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Most bitcoin holders expect and predict bitcoin prices will reach ATH $ 20k after being reduced by half. and some predict that bitcoin will reach $ 30k later this year.
I think their expectations are too high. my prediction is the same as op in the last quarter of this year the price of bitcoin is $ 15k. I did not expect too high because I know the current state of the crypto market from the 2016 crypto market is very different. so I don't think bitcoin increases will be as high as the previous year.

watergold

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Quote from: Kemarit on January 03, 2020, 04:09:04 AM

Quote from: Wexnident on January 02, 2020, 08:18:56 PM

Then they suddenly hype it out after the halving or half a year or so, creating a situation where they actually buy low and sell high for that time period. Well, it was made into a joke so I guess all's well and fine I'd say. As for BTC Price next year, A minimum of 100% increase should be expected right? That is if no bubble occurs that causes the market to crash below the expected stabilized price, i'd say the year would end around 14 - 15k. Quite an acceptable ending if so right?

$14k-$15k is quite conservative estimates. The halving this year will create a lot of hype on Bitcoin again so I wouldn't be surprised if we reach $20k at the end of the year. Although I'm not sure if that is sustainable long term.

I think it will be easy after halving $14k- $15k because in terms of now investors like it haven't saved a lot about bitcoin and I'm sure this year bitcoin will reach the highest level, in fact I often see the forecast happen before but not yet, I want to know This comes true and investors will smile if everything has happened to know this.

Kemarit

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Quote from: Wexnident on January 02, 2020, 08:18:56 PM

Aren't they just hyping the fear for Bitcoin so that the bigones could actually keep buying BTC at low prices?

Probably, and most media outlets are obviously have some incentives behind writing useless articles to sow fear from newbie investors. It's one of the most effective methods, sad to say.

Quote from: Wexnident on January 02, 2020, 08:18:56 PM

Then they suddenly hype it out after the halving or half a year or so, creating a situation where they actually buy low and sell high for that time period. Well, it was made into a joke so I guess all's well and fine I'd say. As for BTC Price next year, A minimum of 100% increase should be expected right? That is if no bubble occurs that causes the market to crash below the expected stabilized price, i'd say the year would end around 14 - 15k. Quite an acceptable ending if so right?

$14k-$15k is quite conservative estimates. The halving this year will create a lot of hype on Bitcoin again so I wouldn't be surprised if we reach $20k at the end of the year. Although I'm not sure if that is sustainable long term.

panganib999

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Well, it is a joke so and even with lies/jokes containing a bit of truth, I really doubt Bitcoin would actually go to $1k. Especially since there is no factors that would involve any correction to it at the moment and well, the price being stabilized right now. Bitcoin price drops because of either a sudden rise which causes the market to stabilize or the market suddenly deemed it to be useless, dumping their coins, which is the possiblity of it happening is close to null at the moment. Even if we take into account China's recent development of crypto currency, I'd doubt any country would actually follow suite anytime closer and would cause massive price drops. That's taking into account the more than 5 years development of China for their crypto currency.

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Aren't they just hyping the fear for Bitcoin so that the bigones could actually keep buying BTC at low prices? Then they suddenly hype it out after the halving or half a year or so, creating a situation where they actually buy low and sell high for that time period. Well, it was made into a joke so I guess all's well and fine I'd say. As for BTC Price next year, A minimum of 100% increase should be expected right? That is if no bubble occurs that causes the market to crash below the expected stabilized price, i'd say the year would end around 14 - 15k. Quite an acceptable ending if so right?

Topic: New year and forecasts - page 2. (Read 505 times)