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Topic: The Trend for 2020. - page 4. (Read 1038 times)

hero member
Activity: 2240
Merit: 848
January 05, 2020, 10:13:01 PM
#35
I think the overall trend will be upwards, and more so than last year. 2019 the price doubled, I think 2020 will see something between doubling and tripling.

Think its likely we'll see a new market cycle high this Spring (so anything above $13.9k), and wouldn't be surprised to see a dump after the halving because people seems to think the halving itself will cause some immediate effect, and I guarantee when the halving passes as a non-event in the market there will be loads of articles written how the halving fizzled out, even though it is the year after the halving that in the past has has the huge exponential bull runs. So perhaps doubling from now into the Springtime, a dumb after the halving, and second half of year an overall upwards trend that perhaps reaches a new ATH at some point in the Fall, or at very least goes to high teens.
hero member
Activity: 2870
Merit: 594
January 05, 2020, 09:49:56 PM
#34
I'm hearing a lot of positive predictions this 2020, because of the upcoming 2020 events.

I'm no technical analyst or claim to be experts, so I will based everything on what I hear (although I filter a lot from those so called experts), so I will say that five digit is doable and we might see the price climb back to $14k-$15k this year, conservative estimates on my part.
hero member
Activity: 1932
Merit: 504
January 05, 2020, 09:46:03 PM
#33
My prediction in 2020, full year will be bull trend. I don't have any other reason beside of halving. Actually i really hope halving in this year can bring bitcoin to be better than now. Although not reach new ATH, but if almost reach last ATH already good for me.
Not too fast. This year? Bull year? Even if you say there's a halving coming in May that is not enough to think that the entire year will be very bullish. I expect a little stable price within this year that would somehow reaching the five-digits price. But i think that's just too much to think this market will be very bullish.
That's right. We ain't got any assurance that this year is only be a bullish or still at bear season. We all can forget that volatility remains too hot, in fact, we all had always suffered huge changes just because of this.

The current hash rate is implying something that we could expect for market surge but not actually is the only thing that could push through to its peak.
But above all, this is great and this it means a lot for investors and traders.
Honestly it is only prediction/speculation. If it is true maybe i will really grateful. If not maybe we should need more time for bitcoin pump. But maybe i will keep hold my bitcoin and like what Hamphser said, if price stable in this year is already good too for me.
full member
Activity: 938
Merit: 105
January 05, 2020, 05:04:54 PM
#32
My prediction in 2020, full year will be bull trend. I don't have any other reason beside of halving. Actually i really hope halving in this year can bring bitcoin to be better than now. Although not reach new ATH, but if almost reach last ATH already good for me.
Not too fast. This year? Bull year? Even if you say there's a halving coming in May that is not enough to think that the entire year will be very bullish. I expect a little stable price within this year that would somehow reaching the five-digits price. But i think that's just too much to think this market will be very bullish.
That's right. We ain't got any assurance that this year is only be a bullish or still at bear season. We all can forget that volatility remains too hot, in fact, we all had always suffered huge changes just because of this.

The current hash rate is implying something that we could expect for market surge but not actually is the only thing that could push through to its peak.
But above all, this is great and this it means a lot for investors and traders.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
January 05, 2020, 12:52:33 PM
#31
My prediction in 2020, full year will be bull trend. I don't have any other reason beside of halving. Actually i really hope halving in this year can bring bitcoin to be better than now. Although not reach new ATH, but if almost reach last ATH already good for me.
Not too fast. This year? Bull year? Even if you say there's a halving coming in May that is not enough to think that the entire year will be very bullish. I expect a little stable price within this year that would somehow reaching the five-digits price. But i think that's just too much to think this market will be very bullish.
hero member
Activity: 2688
Merit: 588
January 05, 2020, 12:50:36 PM
#30
Everyone talks about how the new high hashrate would equal to bitcoin price going up. Lets take a look at that logic, the more hashrate means there are more machines working and potentially maybe even mean more miner individuals as well, the higher that goes the higher cost goes, the moment halving happens there will be less mined but the hashrate still goes up, so that means price has to go up in order to cover that expense.

Now, let's tackle why it doesn't have to happen (it still might, but just how it may not as well); reality is there could be whales who will sell and stop the miners from increasing the price, there could be miners who keep on selling all they have saved to make other miners lose money and drop the hashrate, there could be news that somewhere important bans bitcoin, there could be a million reason why instead of miners not selling low and waiting, some other group may end up selling and cover that difference.
sr. member
Activity: 1176
Merit: 286
January 05, 2020, 12:37:51 PM
#29
i think halving wilk start this year 2020 . and the halving is a strategie for making prices at high level always ; lets hope that 2020 will be good for prices bitcoin to reach another high level and prices in history of bitcoin . prices now very cheap for buying bitcoin before bull run and bullish trend
hero member
Activity: 1932
Merit: 504
January 05, 2020, 11:07:57 AM
#28
My prediction in 2020, full year will be bull trend. I don't have any other reason beside of halving. Actually i really hope halving in this year can bring bitcoin to be better than now. Although not reach new ATH, but if almost reach last ATH already good for me.
sr. member
Activity: 700
Merit: 250
January 05, 2020, 09:24:20 AM
#27
This year number of trending updates are available in the crypto platform. But we can't said when it is move on positive and negative so we can adopt the any situation. I hope this year rapid hype will occur on Bitcoin and anytime it will move to backward. Once it will leagalized in top 10 countries it will raise rapidly in entire world.
sr. member
Activity: 1071
Merit: 253
January 05, 2020, 08:48:43 AM
#26
No significant increase occurred because it is currently in the sideways range of $ 6500- $ 8000.
All are waiting for prices to break resistance levels or support levels to wait for the moment.
Price increases always occur after halving, not before halving. But not an increase in an instant but slowly as in previous years.

So we are still waiting for the right level if the support is still not reliable then this will continue until approaching halving.
I know this is a fairly stable condition but it is likely to rise from my estimation because currently growth continues to exist so that the market will recover.
Halving will be a few more months for me this is enough to keep going up from the start.

Well we have our own insights for 2020 and only time will tell which predictions will eventually happen. It could go either way. I personally wouldn't mind if we go sideways the whole year. Though i think there will be significant up points and down points at certain times. Overall, i will consider it a good year if we're able to sustain this kind of movement.


yes you are right everyone has their own opinion about the price in this year, but the thing which is same inside all is that the price will go up in the year of 2020, everybody hope for the best, but here again you are right that time will decide everything in this year, but i am really hopeful for the coming halving.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
January 05, 2020, 08:39:06 AM
#25
I am still waiting for a surprise at the beginning of this year. The expectation of the analysis is to go up in the next few weeks slowly, when halving 2020 this is meant to mean a momentary correction, do not think prices will drop drastically because that is only a small correction that is what is meant

I don't think it's possible for the price of bitcoin to continuously go up without going down and correction, so that's how it plays, basically after halving bitcoin will get ATH in the following year
hero member
Activity: 1078
Merit: 507
January 05, 2020, 07:52:33 AM
#24

Contrary to popular opinions for 2020, Bitcoin would reach a new all time high. Thanks to an increased in hashrate, an the block halving that's coming soon. That aside, what do you guys think would be the overall market trend for 2020. Are we going to trend up, down or sideways and why?


Will love your hear your insightful feedbacks and contributions ✍️
I guess popular opinions are pretty much in align to what you said. People are accepting the price to touch ATH this year because of the scheduled halving as because of the nature of supply and demand and reducing supply should lead to price increase. But this is not exactly how crypto works. This could be the inflated price as well and demand might not really grow in proportion to the supply increase/decrease. But yeah speculation could make Bitcoin land up in ATH.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
January 05, 2020, 07:37:36 AM
#23
No significant increase occurred because it is currently in the sideways range of $ 6500- $ 8000.
All are waiting for prices to break resistance levels or support levels to wait for the moment.
Price increases always occur after halving, not before halving. But not an increase in an instant but slowly as in previous years.

So we are still waiting for the right level if the support is still not reliable then this will continue until approaching halving.
I know this is a fairly stable condition but it is likely to rise from my estimation because currently growth continues to exist so that the market will recover.
Halving will be a few more months for me this is enough to keep going up from the start.

Well we have our own insights for 2020 and only time will tell which predictions will eventually happen. It could go either way. I personally wouldn't mind if we go sideways the whole year. Though i think there will be significant up points and down points at certain times. Overall, i will consider it a good year if we're able to sustain this kind of movement.
sr. member
Activity: 1288
Merit: 253
January 05, 2020, 07:33:36 AM
#22
No significant increase occurred because it is currently in the sideways range of $ 6500- $ 8000.
All are waiting for prices to break resistance levels or support levels to wait for the moment.
Price increases always occur after halving, not before halving. But not an increase in an instant but slowly as in previous years.

So we are still waiting for the right level if the support is still not reliable then this will continue until approaching halving.
I know this is a fairly stable condition but it is likely to rise from my estimation because currently growth continues to exist so that the market will recover.
Halving will be a few more months for me this is enough to keep going up from the start.
Halving still few months later and have chance for bitcoin raise back to higher price, before halving coming you have ready for investing with bitcoin and altcoin before late for disappointed your investment chance with bitcoin and altcoin, you will get much profit later after bitcoin halving coming and you can earn much money.
sr. member
Activity: 1092
Merit: 250
January 05, 2020, 05:52:52 AM
#21
No significant increase occurred because it is currently in the sideways range of $ 6500- $ 8000.
All are waiting for prices to break resistance levels or support levels to wait for the moment.
Price increases always occur after halving, not before halving. But not an increase in an instant but slowly as in previous years.

So we are still waiting for the right level if the support is still not reliable then this will continue until approaching halving.
I know this is a fairly stable condition but it is likely to rise from my estimation because currently growth continues to exist so that the market will recover.
Halving will be a few more months for me this is enough to keep going up from the start.
hero member
Activity: 2646
Merit: 686
January 05, 2020, 05:44:18 AM
#20
We're less than a week into January not much has happened so far. In 2019, we saw the total market capitalization reach over $300 billion with volumes as high as $100B.

Contrary to popular opinions for 2020, Bitcoin would reach a new all time high. Thanks to an increased in hashrate, an the block halving that's coming soon. That aside, what do you guys think would be the overall market trend for 2020. Are we going to trend up, down or sideways and why?


Will love your hear your insightful feedbacks and contributions ✍️

@nelson4lov while I’m no analyst and I only rely on my personal gut feeling for my thought process, and it tells me that we’re going to see lots of upwards movements in bitcoin prices this year along with a record growth in adoption rate too. One of the key reasons for my gut feeling is the halving event which has been repeated so many times by me here, but I’ll yet repeat it again and inform you that bitcoin prices shall touch up to 15k before that event begins. Further check this Forbes article where it says that Nexo co-founder Antoni Trenchev thinks bitcoin prices can reach $50k though I doubt bitcoin prices can take such a big leap but he has done interesting analysis and you may want to have a look at it.

https://www.forbes.com/sites/ktorpey/2020/01/03/why-the-bitcoin-price-could-hit-50000-in-2020/#299739242f37

https://hackernoon.com/will-bitcoin-skyrocket-after-the-2020-halving-like-in-2016-b61c6568debb
legendary
Activity: 2170
Merit: 1427
January 05, 2020, 05:38:32 AM
#19
I very much like this kind of movement. There is still profit when you are trading as long as you do it right.
In a market where you can go both long and short, you can make money in either direction. People here however only know buy and hopefully sell higher. If you just follow the trend, you would have done well being short. Most important aspect is patience when the price is going down, because the pain isn't going away instantly, but drags on for a long period of time.

Also, there is not much panic that happens, specially here in this forum.
This forum isn't really a good representation of the sentiment. People here are just as volatile as the price itself is. Price down means hell breaks loose, where price up means $100,000 before the end of the year baby!!
sr. member
Activity: 868
Merit: 267
SecureShift.io | Crypto-Exchange
January 05, 2020, 05:15:21 AM
#18
No significant increase occurred because it is currently in the sideways range of $ 6500- $ 8000.
All are waiting for prices to break resistance levels or support levels to wait for the moment.
Price increases always occur after halving, not before halving. But not an increase in an instant but slowly as in previous years.
full member
Activity: 1316
Merit: 126
January 05, 2020, 05:03:59 AM
#17
We're less than a week into January not much has happened so far. In 2019, we saw the total market capitalization reach over $300 billion with volumes as high as $100B.



Contrary to popular opinions for 2020, Bitcoin would reach a new all time high. Thanks to an increased in hashrate, an the block halving that's coming soon. That aside, what do you guys think would be the overall market trend for 2020. Are we going to trend up, down or sideways and why?


Will love your hear your insightful feedbacks and contributions ✍️

Although I have high hope but it's to early to tell, I would like to take it one step at a time, but hoping that we can have another all time high, it's been a long time that price was stuck in the $7000 level and if reach the $8000 level that will be a good sign, the price has been struggling for several months now, I'm bullish that we will trend up.

It is indeed very early to say that, it’s just few days that past 2020 and though we see a little increase now we can’t really say it is going to increase continuously. I know we will be having another all time high but we can’t really say it is this year exactly because the price can be affected by some other factors.
Let just wait and see after halving I just hope it’ll be a good price for everyone.
sr. member
Activity: 2030
Merit: 269
January 05, 2020, 04:16:23 AM
#16
We're less than a week into January not much has happened so far. In 2019, we saw the total market capitalization reach over $300 billion with volumes as high as $100B.



Contrary to popular opinions for 2020, Bitcoin would reach a new all time high. Thanks to an increased in hashrate, an the block halving that's coming soon. That aside, what do you guys think would be the overall market trend for 2020. Are we going to trend up, down or sideways and why?


Will love your hear your insightful feedbacks and contributions ✍️

Although I have high hope but it's to early to tell, I would like to take it one step at a time, but hoping that we can have another all time high, it's been a long time that price was stuck in the $7000 level and if reach the $8000 level that will be a good sign, the price has been struggling for several months now, I'm bullish that we will trend up.
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