Topic: Summary Present Day > July 2022 - page 3. (Read 898 times)

no there is no difference between a "pump" from x to 100x and y to 100y. they both are similar manipulation and same amount of money "pumps" them.

however bitcoin is not a pump and dump so this statement has nothing to do with bitcoin. the "rise" from x to 100x and y to 100y (y>x) are similar but the second one is a little harder because the market will be bigger and there will be more friction for both rises and falls so it happens slower, this however is not a big difference as long as the adoption rate is growing at the same pace but it will be harder if adoption rate drops and it will be easier if adoption rates grows.
for example if we see a wave of mass adoption (imagine a couple of big companies such as Amazon, eBay,... accept bitcoin as payment) this 100y rise will look super easy compared to the previous 100x rise.

I can imagine when a time will come and we will be seeing 8% drops in price like the end of the world . You are right though, and I believe with the way things have been going thus far and institutions already wanting to get in big and at least gain some pretty good position, by then the common man who is a laggard will just be trying to pick the pieces left at the end and the chances of mainstream adoption would have sufficed.

Nonetheless, no one knows what tomorrow or next tomorrow holds, let alone the next 4 years, so the only thing we can do now is to just keep hoping for the best and knowing that development is something guaranteed for this space with the way things are going.

Although I love science fiction, at least for the epilogue you've got it wrong: in 2022 Bitcoin price should not have such "abrupt" evolution, not anymore. Far too many big institutions will be into this and we will get closer to what happens on Wall Street (where an 8% drop is seen almost like end of world).

It 's always nice but especially fun to read these predictions so accurate and detailed in detail, with precise dates, retracements and recoveries, but even more fun are and will be the answers of other users who will give their accurate forecasts, accusing the OP of be a moron because Bitcoin will never descend to xxxxxx but will go up to xxxxxx for the end of the year and then go to xxxxxx in 2019.

Having said that, obviously I do not know what Bitcoin will do in a day or a month, but I strongly believe that the process of adoption, acceptance and regulation will increase exponentially in the coming years, with the strong entry of other actors and investors; this is why I believe that in 2022, after having had the 3 halving in 2020, Bitcoin will be at least over $ 100,000.

A few months ago I had also made a similar discussion, but even more distant in time, up to 2028-2029; 10 years from today, after the 5 halving of bitcoins.

https://bitcointalksearch.org/topic/m.43731865

You're right. Sub 1 cent to $1,000 is nowhere near $1,000 to $100,000, much less $1 million and above, in terms of what it would take.

But not sure you can ever gain anything from imagining you're walking in the shoes of a whale. You got to put them on to walk, and you'd likely still walk different.

And that's how it is. Patterns are not designed and not stumbled upon in TA but found, but concluded. Move the goalposts, tweak the dimensions, and patterns appear more readily. Midnight movement, weekend sell off, January bull, 3-year parabolic cycles. All imagined.

Big fiat turmoil will flip the power switch in favor of crypto, so that's a no go zone for the G20.

They will thus stall inevitable fiat erosion for as long as possible in order to cling to evaporating global power that will be a relic of the past after 2030's.

We're looking at another 10 years of unprecedented bull run, roaring 20's 2.0.

The Blockchain revolution will be a silent transition of global power back into the hands of western based patriarchal science class as was the case for much of recent history since the enlightenment era. Simply because this is the true core of international and domestic industrial strength and this is where 99% of progress originate.

Take power through colluded and usurped crony capital away from progressively inferior classes and negotiating power of social development returns to where it belongs which will seize and reverse a decade of relative technological stagnation.

The Military/industrial Communist feminist islamofacist pseudo dictatorships with Chinese economic planning as a recent role model will drown and sink to the bottom of the ocean on the wave of a neo renaissance citizenry. Spearheaded by capital migration onto distributed ledger.

Where do you put the upcoming economic crisis in?  Do you expect it to happen before July 2022 and have no impact on price fo Bitcoin or you expect it to happen after July 2022. Or you even believe it will happen exactly on July 2022 and crash and crisis will cause each other?

In short BTC will fall to 5700 and recover by 150% right after. This will not happen. If 6000 is not the bottom and we will fall to 5700 it will start a huge bear wave of people selling because for us to get this low there will have to be some big bearish news. We won't go to 5700 just like that .
If it happens we won't have a recovery. People will get into their heads that 6000 wasn't the consolidation they were waiting for and sell. No 150% and no rally in early 2019.

So according to the research there won't be a major pump until next year, and then parabolic prices a couple of years after that. Not such a bad thing, takes time to accumulate bitcoins. If we can collect a few sats now and then it will all add up

Problem with that is that TA lovers alwais like to paint something. Find magic pattern, similatiry. Truth is that chart is only describing past. Its like driving car looking only on back mirror.

1- there is difference between pump from 10$ to 1000$ and from 1000$ to 100 000$ - there needs to be pumped sooo much money. To pump to 1000$ BTC need only street invsotrs. To pump to 10 000$ it needs big whales. To pump to 100 000$ it will need institution investors. To pump to 1 000 000$ it will need countries to store they reseve.

2- if in 2019-2020 we will have global crysis (manny economist agree that it is highly possible) than you can farget about big pumps. There will be lack of trust to invest even in low risk assets. High risk assets will be first to be sold.

Thats why chart, similarity and patters does not work.

Remeber Rotshilds has 50-500 trilion $. They can buy 5000 BTC (not 5 000 coins !. 5 000 time whole BTC with current price of 1 btc). Think about that and than go and look at chart few year ago and predict future... Alwais look at chart and think ... what will whale do. What would i do if i was a whale. Where is the easiest way to earn big money.

There are many predictions like this and a ton of movement that may happen regarding the  price of bitcoin and I really think that anyone can sure speculate the date when and how much the value of bitcoin can become with the impending years to come, But this is all unpredictable and yes this can still happen even a further major tweaks needed because it might happen the same time it may change, We all can definitely say something regarding what is on our minds, But anything can happen and I think a speculation within a year is a great start accurately speculating the price,

I understand you did your work and your research very well and there must be ton of evidence of why these should happen. Still, you are forgetting one eternal truth, this is bitcoin we are talking about. If we are talking about bitcoin you will never know what it will do tomorrow let alone what it will do in 2022 and everything in between.

These are just guesses and I am assuming they are not guesses that was just came out of your hat, you probably found some stuff that would back your ideas, however there has never been a single person in entire world that consistently found right prices for bitcoin ever, you will not become the first one.

Based on a newly discovered pattern that has so far correlated with BTC for 4 years. Enjoy.

Phase I

1. Global is moving to 187bn and BTC $5700 by early december this year
2. Rally follows for 2 months until early or mid february 2019 with a healthy +150% recovery until global 450bn and btc 14k max, probably a bit lower
3. 5 month second leg bear market from mid february until july 2019 possibly up until beginning of september
4. Prices during this 5 month period will bottom at 112bn global and 3.4k btc
5. 50% recovery between july and september 2019 towards 170bn global btc 5k

Phase II

1. September 2019 is the start of the real bull parabola 2.0: btc moves rapidly to 14k/global 450bn
2. up to 50% october retracement 7/225
3. Parabolic rally from november 2019 until march 2020: global 1.1TN/BTC 28-30K
4. April-July 2020 up to 70% retracement with BTC 9k/global 330bn shakeout
5. Dollar average during April-July interim is higher at 14k btc 500bn global (-50%)

Phase III (2020 july halving)

1. August is a flatline month without significant movement in any direction
2. Possibly squeezing in a double bottom again at 9k btc 330bn global
3. September 2020 +100% btc 18k/global 660bn
4. October recovery -25% btc 13.5/global 500bn
5. Back to September levels in November

Phase IV

1. Two month parabola rally +500% December 2020-January 2021: 90kBTC/3,3TN Global
2. 65% retracement in february 2021: 1.2 global/31.5 btc
3. 1.5 months road to double top Mid April: 3.3/90k
4. Mid June 2021 (two months retracement) 31.5/1.2tn
5. Beginning or Mid September end of 3 month blow off rally x10: BTC 300 000 USD/Global market cap $12TN

Epilogue

10 month bear market until July 2022 stabilizing at global 4.2TN/BTC 105K



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