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Topic: Next peak and trough (Read 1208 times)

legendary
Activity: 1106
Merit: 1005
June 13, 2016, 12:11:08 PM
#23
Now that we are moving, any other predictions?


There is still around a month till the halving, I think we gonna see a steady climb. I wouldn't be surprised if we reach around $1,000. The real question is will we find a new floor at those high prices or will we drop back down because we certainly won't be able to keep this pace up indefinitely  Undecided

of course we won't be able to keep this up forever, but we might still go on for a few weeks.

especially with the halving coming up soon, and the long bear market we have behind us, there's a lot of potential for a massive rally
legendary
Activity: 1148
Merit: 1000
June 13, 2016, 10:50:07 AM
#22
Now that we are moving, any other predictions?


There is still around a month till the halving, I think we gonna see a steady climb. I wouldn't be surprised if we reach around $1,000. The real question is will we find a new floor at those high prices or will we drop back down because we certainly won't be able to keep this pace up indefinitely  Undecided
sr. member
Activity: 317
Merit: 252
June 13, 2016, 10:20:13 AM
#21
Now that we are moving, any other predictions?
legendary
Activity: 1106
Merit: 1005
June 06, 2016, 05:31:53 PM
#20
I don't think there will be a bear market.

If there's a bear market, it's likely late 2017 and/or 2018.

Definitely not late 2016 and early 2017, since the effect of the halving will prevent a bear market.

Good point. So you're saying it will crash to something like $3000 and then rebound from there to another ATH? That should be an exciting ride.

i consider that to be the most likely scenario, yes.
sr. member
Activity: 317
Merit: 252
June 06, 2016, 02:36:09 PM
#19
I don't think there will be a bear market.

If there's a bear market, it's likely late 2017 and/or 2018.

Definitely not late 2016 and early 2017, since the effect of the halving will prevent a bear market.

Good point. So you're saying it will crash to something like $3000 and then rebound from there to another ATH? That should be an exciting ride.
legendary
Activity: 1106
Merit: 1005
June 06, 2016, 12:12:24 PM
#18
If the peak would be $6000 the trough would be closer to $3000 than to $1500 IMO.

but a peak of $6000 seems reasonable.

During the crashes, price eventually drops by more than 50%. Even if the initial crash is 50%, during the bear market, it will likely go below that initial drop.

I don't think there will be a bear market.

If there's a bear market, it's likely late 2017 and/or 2018.

Definitely not late 2016 and early 2017, since the effect of the halving will prevent a bear market.
legendary
Activity: 994
Merit: 1000
June 06, 2016, 11:58:35 AM
#17
Its better to expect new peak after this 570$ level could be 650$ and may keep pumping till halving but i don't think we will see new ATH so 800$ could be the price of bitcoin on halving.
sr. member
Activity: 317
Merit: 252
June 06, 2016, 09:56:27 AM
#16
next peak = $1200
trough = $700

i think this is not wild guessing and possible to happen this year

That's a very small drop from 1200 to 700. Would the price skyrocket off of 700 then? Or are you saying it will be a bear market to 700 and it won't rise for awhile.
sr. member
Activity: 317
Merit: 252
June 06, 2016, 09:54:50 AM
#15
Peak     $4500
Trough  $1250

This is plausible. Can you say more about how you came up with these numbers?
sr. member
Activity: 317
Merit: 252
June 06, 2016, 09:53:29 AM
#14
I don't think that it'd be unlikely for the ATH to be broken again I in this year, there'll just be too much profit taking from late 2015.

You might be right.

Can you describe this more? You're saying people will be selling just to break even? But they see the price finally skyrocketing. They waited this long, and now they will sell? How does that work?
sr. member
Activity: 317
Merit: 252
June 06, 2016, 09:51:15 AM
#13
If the peak would be $6000 the trough would be closer to $3000 than to $1500 IMO.

but a peak of $6000 seems reasonable.

During the crashes, price eventually drops by more than 50%. Even if the initial crash is 50%, during the bear market, it will likely go below that initial drop.
legendary
Activity: 1358
Merit: 1016
June 05, 2016, 02:14:27 PM
#12


Pure wild guessing or wishful thinking is OK only if you have been around for awhile. Back your prediction with solid reasoning if you can.



You didn't state your solid reasoning. How come we can share thoughts of it.

I want to start with your analyzation.


He said IF you can give reasoning then do so and he also said his prediction was a wild guess just from eyeballing.





member
Activity: 76
Merit: 10
June 05, 2016, 01:52:42 PM
#11
peak = 1200
trough = 700
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
June 05, 2016, 01:47:10 PM
#10


Pure wild guessing or wishful thinking is OK only if you have been around for awhile. Back your prediction with solid reasoning if you can.



You didn't state your solid reasoning. How come we can share thoughts of it.

I want to start with your analyzation.
legendary
Activity: 1652
Merit: 1000
June 05, 2016, 01:34:46 PM
#9
next peak = $1200
trough = $700

i think this is not wild guessing and possible to happen this year
legendary
Activity: 3892
Merit: 4331
June 05, 2016, 12:59:01 PM
#8
Peak     $4500
Trough  $1250
newbie
Activity: 14
Merit: 0
June 05, 2016, 12:54:09 PM
#7
I think Peak at $1000
hero member
Activity: 658
Merit: 500
June 05, 2016, 12:41:57 PM
#6
In the next week another boost will occur and at that time the peak will be at $635 or more and then will come to rest at around $610 to $628,
as it is the correction phase and it occur in any trade we involve with in exchanges of any good and about the trough, i think now the price will rise and rise.
hero member
Activity: 756
Merit: 500
June 05, 2016, 12:39:46 PM
#5
My guess
peak = 1400
trough = 750
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
June 05, 2016, 12:25:59 PM
#4
I don't think that it'd be unlikely for the ATH to be broken again I in this year, there'll just be too much profit taking from late 2015.
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