We are finally going to $22k | Bitcointalksearch.org

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Quote from: bitbunnny on February 10, 2020, 12:42:49 PM

Quote from: Jating on February 10, 2020, 08:52:25 AM

Quote from: Herry Toms on November 13, 2019, 02:31:06 PM

Well, I think $22k is a piece of cake for the Bitcoin problem is people are too impatience they are not understanding the underlying dynamics of Bitcoin. How it is going to make things better at every individual level.
When our next generation will understand the benefits of Bitcoin Pirce will be at it's best.

We almost reached $20k at the height of bitcoin in 2017. So for sure, $22k is doable in the future, all we need is more people joining the crypto sphere either as investors or just used it as store of value and we are off in the future.

And what could be the trigger here, it could be very reasons, but I think investors are putting their faith on the next block halving in May, we might see like $12k-$15k prior to the halving, and next it will go to $20k at the end of the year again. It will be very exciting again this year for all of us, so simply have the patience.

Your formula seems so easy and simple but for significant price rise isn't just enough that more people join and start to use crypto. Market is much more complex than that.
I also believe that 22000$ is possible but I don't know where the conclusion that this is happening right now is coming from.
Currently we are below 10000$ again and further corrections are possible. I can't figure out why with every little price rise people think that Bitcoin will reach 20000$ or more. That is quite unreasonable.

That it comes at that price is possible, but I don't think it will happen, maybe by the time I get back to $ 20k it keeps going up without knowing where it can stop. But at the moment due to the impact of all world events, such as countries with high inflation, the coronavirus epidemic, the approach of Bitcoin halving, all this can help raise the price, but maybe it goes up and down quickly, because the offer that is produced is very large, if we go to the millionaire wallets they are in the same percentage since 2018.

In crypto everything is possible, but based on the events, there is still time for it to be set at a very high price and so that it does not fall immediately. What is a fact that if it will reach $ 22k, but even at this time, I think the conditions are not yet given.

bitbunnny

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Quote from: Jating on February 10, 2020, 08:52:25 AM

Quote from: Herry Toms on November 13, 2019, 02:31:06 PM

Well, I think $22k is a piece of cake for the Bitcoin problem is people are too impatience they are not understanding the underlying dynamics of Bitcoin. How it is going to make things better at every individual level.
When our next generation will understand the benefits of Bitcoin Pirce will be at it's best.

We almost reached $20k at the height of bitcoin in 2017. So for sure, $22k is doable in the future, all we need is more people joining the crypto sphere either as investors or just used it as store of value and we are off in the future.

And what could be the trigger here, it could be very reasons, but I think investors are putting their faith on the next block halving in May, we might see like $12k-$15k prior to the halving, and next it will go to $20k at the end of the year again. It will be very exciting again this year for all of us, so simply have the patience.

Your formula seems so easy and simple but for significant price rise isn't just enough that more people join and start to use crypto. Market is much more complex than that.
I also believe that 22000$ is possible but I don't know where the conclusion that this is happening right now is coming from.
Currently we are below 10000$ again and further corrections are possible. I can't figure out why with every little price rise people think that Bitcoin will reach 20000$ or more. That is quite unreasonable.

posi

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Quote from: wozzek23 on February 10, 2020, 09:07:39 AM

Quote from: Jating on February 10, 2020, 08:52:25 AM

We almost reached $20k at the height of bitcoin in 2017. So for sure, $22k is doable in the future, all we need is more people joining the crypto sphere either as investors or just used it as store of value and we are off in the future.

And what could be the trigger here, it could be very reasons, but I think investors are putting their faith on the next block halving in May, we might see like $12k-$15k prior to the halving, and next it will go to $20k at the end of the year again. It will be very exciting again this year for all of us, so simply have the patience.

Not because of $20 was achieved, hence we may assume $22k will be possible. I mean to say we need to consider the circulating supply of bitcoin then and in future for the same price levels of $20k and then $22k levels. Circulating supply must be a biggest factor in deciding marketcap of an asset and people are predicting price levels of an asset by marketcap too.

I am not saying $22k will not be possible. It is highly possible. If $22k will appear by 2021 then we can easily say bitcoin market will reach $40k or even $50k also on one rally.

Like you said the level of circulating supply to be use to predict the price of the market not by an asset market cap and if you actually study the price of the previous bitcoin halving you'll understand that it wont be 2021 before bitcoin clinch the $22K price range not even when some governments have legalized bitcoin.

Quote from: wozzek23 on February 10, 2020, 09:07:39 AM

But, it $22k will be happening around the times of halving then possible pull back may happen as whales are known for dumping when people are highly anticipating big bumps to happen.

Only an inexperienced traders or investors will expect the bullrun market to be totally bullish without the presence of dump to strengthen the market price.

fib123

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This is very positive sign of BTC growing organically instead of artificial pump. I am also looking this time we can see bitcoin will mark history by making new all time high price. But this is also mater how bitcoin will react when this halving done or near to done. But most important is its relief for community and it was a long awaited moment.

wozzek23

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Quote from: Jating on February 10, 2020, 08:52:25 AM

We almost reached $20k at the height of bitcoin in 2017. So for sure, $22k is doable in the future, all we need is more people joining the crypto sphere either as investors or just used it as store of value and we are off in the future.

And what could be the trigger here, it could be very reasons, but I think investors are putting their faith on the next block halving in May, we might see like $12k-$15k prior to the halving, and next it will go to $20k at the end of the year again. It will be very exciting again this year for all of us, so simply have the patience.

Not because of $20 was achieved, hence we may assume $22k will be possible. I mean to say we need to consider the circulating supply of bitcoin then and in future for the same price levels of $20k and then $22k levels. Circulating supply must be a biggest factor in deciding marketcap of an asset and people are predicting price levels of an asset by marketcap too.

I am not saying $22k will not be possible. It is highly possible. If $22k will appear by 2021 then we can easily say bitcoin market will reach $40k or even $50k also on one rally. But, it $22k will be happening around the times of halving then possible pull back may happen as whales are known for dumping when people are highly anticipating big bumps to happen.

Jating

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Quote from: Herry Toms on November 13, 2019, 02:31:06 PM

Well, I think $22k is a piece of cake for the Bitcoin problem is people are too impatience they are not understanding the underlying dynamics of Bitcoin. How it is going to make things better at every individual level.
When our next generation will understand the benefits of Bitcoin Pirce will be at it's best.

We almost reached $20k at the height of bitcoin in 2017. So for sure, $22k is doable in the future, all we need is more people joining the crypto sphere either as investors or just used it as store of value and we are off in the future.

And what could be the trigger here, it could be very reasons, but I think investors are putting their faith on the next block halving in May, we might see like $12k-$15k prior to the halving, and next it will go to $20k at the end of the year again. It will be very exciting again this year for all of us, so simply have the patience.

Vertex_ICO

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Quote from: teosanru on October 02, 2019, 12:30:11 PM

Searching across the web. A very interesting Chart has come to my notice. I don't know who has analyzed but it says a lot about the story of bitcoin so far in a very large time frame.

The thing is on one side it is hard to digest this as we have seen a long bear phase and a lot of fake ICOs shit which has almost lifted the trust of people from this cryptocurrency market as whole. However, this analysis couldn't completely be neglected because we all know 0.5 retracements hold a pretty sacred place in every Technical Analysis. Maybe the waves don't count up it can be a correction downwards. But the whole trend line is still.

Disclaimer: This chart is shrinked a little bit to prove the point if you go to trading view you won't find a chart exactly like this one but the highs and lows are all correct. Better see a logarithmic chart for better similarity.

I think it's a super interesting chart - and historically halvings have heralded bull runs about a year following the event. Thanks for posting!

South Park

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Quote from: supercanada1 on November 10, 2019, 11:56:01 AM

The amount of profits that a holder will make with the help of his bitcoin highly depends on the number of bitcoin he holds. Though even one bitcoin is enough to make a person far rich than his imaginations, but there is nothing wrong with getting as much benefits as possible. The longer someone holds, the bigger will be the reward. Bitcoin is going to touch 22k within next few months.

If bitcoin becomes the main currency of the world and it is used for most transactions then it will be worth a few millions under the current standards so a single bitcoin can be more than enough to change the life of a person, but why wait that long? Get all the bitcoin you can in the process that way even if bitcoin is not adopted to those levels during our lives we can still get huge benefits out of it, I do not really believe we will reach 22 this year but the possibilities are higher for 2020 and 2021.

Herry Toms

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Well, I think $22k is a piece of cake for the Bitcoin problem is people are too impatience they are not understanding the underlying dynamics of Bitcoin. How it is going to make things better at every individual level.
When our next generation will understand the benefits of Bitcoin Pirce will be at it's best.

South Park

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I am terrible at Fantasy Football!!!

Quote from: logicgate on November 10, 2019, 07:59:43 AM

Bitcoin is in limelight because of the price increase it has displayed in the last few couple of weeks. There are numerous speculations regarding the prices of bitcoin in the coming year and all are very positive and amazing. I am highly convinced that bitcoin is not going to ditch us after such a long period of support and patience. All we need right now to make predictions true is to invest into bitcoin more.

I have seen those predictions as well and most of the investors behind them think that bitcoin will go up in value because we will get the halving during the next year but if you take a look at the previous halving you will see that the price did not began to grow significantly until the next year, so next year may not be as good as many think it will be, there is a chance that during 2020 the price does not move much and those are the perfect conditions for an altcoin season.

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Quote from: teosanru on October 02, 2019, 12:30:11 PM

Searching across the web. A very interesting Chart has come to my notice. I don't know who has analyzed but it says a lot about the story of bitcoin so far in a very large time frame.

The thing is on one side it is hard to digest this as we have seen a long bear phase and a lot of fake ICOs shit which has almost lifted the trust of people from this cryptocurrency market as whole. However, this analysis couldn't completely be neglected because we all know 0.5 retracements hold a pretty sacred place in every Technical Analysis. Maybe the waves don't count up it can be a correction downwards. But the whole trend line is still.

Disclaimer: This chart is shrinked a little bit to prove the point if you go to trading view you won't find a chart exactly like this one but the highs and lows are all correct. Better see a logarithmic chart for better similarity.

I support your idea, statistically, bitcoin always grows before halving and after. In addition to all this, in January it is expected to launch a cool financial instrument for bitcoin - an option. I think everyone remembers the growth during the launch of bitcoin futures, an option can attract even more interest from people from the classic market.

supercanada1

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Quote from: Innocant on November 09, 2019, 06:40:33 AM

Quote from: Asmonist on November 09, 2019, 03:40:03 AM

$22k and going up. We always hope for the best this year. Until its not yet that high then its also an opportunity to buy more to get the best value or higher return until the right time. If not this year then I guess its the next year probably. Its quite long to wait but I guess its not really that too long. There's always part of the year that it will rise up.

Ill think thus not happen in this year maybe in a coming year will a time to start so its almost so long to wait but we can make sure that's be going happen. And the graph was almost good looking in our eyes to see that reach in $22k and also the halving of bitcoin its better always like that. And yes it is the time for us to buy more bitcoin and holding it for that coming of a price of $22k or more than that price.

The amount of profits that a holder will make with the help of his bitcoin highly depends on the number of bitcoin he holds. Though even one bitcoin is enough to make a person far rich than his imaginations, but there is nothing wrong with getting as much benefits as possible. The longer someone holds, the bigger will be the reward. Bitcoin is going to touch 22k within next few months.

ice098

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Quote from: Asmonist on November 09, 2019, 03:40:03 AM

$22k and going up. We always hope for the best this year. Until its not yet that high then its also an opportunity to buy more to get the best value or higher return until the right time. If not this year then I guess its the next year probably. Its quite long to wait but I guess its not really that too long. There's always part of the year that it will rise up.

No we are not, based on what I see in weekly chart, it very far for bitcoin to start going on 20k, because it is still on its unstable market now, it continues to goes up for awhile and then goes down again. If we will be close to 20k, it is needed to goes up higher consecutively, but I didnt see it now this year.

rijaljun

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Quote from: bettercrypto on November 07, 2019, 07:39:45 PM

Soon as the halving of bitcoin will go on, price of it will also goes high. I think it will happen next year. As a trader, I am preparing myself in a bull run market in year 2020. Maybe, the removal of banning the mining in China is a preparation also of this Giant country to the bull run market.
However, as of the moment the price still stable at 9k to 10K mark, hope that resistance will break by the end of November.

I am very sure the halving will trigger price to increase but there is no specific price to know, no one can predict the exact price. China is another bad story of Bitcoin, they make Bitcoin price looks controlable (by the news made by them).

And instead of just hoping the resistance will soon be broken, it is better to be part of those who tried to break the resistance. Why not?

logicgate

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Quote from: Triffin on November 08, 2019, 11:06:07 AM

Quote from: Capt00 on November 06, 2019, 09:32:02 AM

Quote from: Triffin on October 31, 2019, 02:38:16 PM

Quote from: Hamphser on October 31, 2019, 11:47:17 AM

Quote from: jakoylantern on October 31, 2019, 08:02:37 AM

I'm hoping that bitcoin can reach 22k this year, and looking at that graph, I have confidence that it can. But reading some other analysis, we can't still confirm it well, and I understand that reason. I also make my own interpretation, but in my calculations, and assume that I will only go to 18 - 20k. But then again it depends on the volume.

It's just too early to expect a $22,000 bull run within this year while the current price is not correlating to the price target. I expect that $22,000 or even $20,000 will touch next year but looking at the price trend and speculations it seems that the price is likely to move upward but not this year. We will surely going to see that new ATH of bitcoin next year we just need to HODL a little longer.

Exactly nothing can happen with days we will have to wait patiently for years to get better reward. $22k will maybe happen this year but it’s dream of every investor to reach the target price. Holding is surely an important condition for investing to get huge profit that’s why I am investing and holding but about coin my choice is only Bitcoin.

I just hope it will not remain a dream, I believe every investors wanted the price to reach atleast $20k and I really hope and pray that it will reach to the that point. We have been waiting for the bull run for a long time already and if it will not happen by the end of the year then hopefully it will be next year.

We simply need to stay positive about the pump of bitcoin since in last few weeks, bitcoin has shown decent increase in the price. All investors are holding their bitcoin tight in order to enjoy the surge of bitcoin. Of course, every investor makes investment with a hope that his or her coin will increase in value especially when it is bitcoin, the expectations of people increase drastically.

Bitcoin is in limelight because of the price increase it has displayed in the last few couple of weeks. There are numerous speculations regarding the prices of bitcoin in the coming year and all are very positive and amazing. I am highly convinced that bitcoin is not going to ditch us after such a long period of support and patience. All we need right now to make predictions true is to invest into bitcoin more.

Innocant

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Quote from: Asmonist on November 09, 2019, 03:40:03 AM

$22k and going up. We always hope for the best this year. Until its not yet that high then its also an opportunity to buy more to get the best value or higher return until the right time. If not this year then I guess its the next year probably. Its quite long to wait but I guess its not really that too long. There's always part of the year that it will rise up.

Ill think thus not happen in this year maybe in a coming year will a time to start so its almost so long to wait but we can make sure that's be going happen. And the graph was almost good looking in our eyes to see that reach in $22k and also the halving of bitcoin its better always like that. And yes it is the time for us to buy more bitcoin and holding it for that coming of a price of $22k or more than that price.

Asmonist

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$22k and going up. We always hope for the best this year. Until its not yet that high then its also an opportunity to buy more to get the best value or higher return until the right time. If not this year then I guess its the next year probably. Its quite long to wait but I guess its not really that too long. There's always part of the year that it will rise up.

South Park

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Quote from: shorty01 on November 06, 2019, 09:02:18 AM

but there are 2 major resistances on the way up. arround 14 and arround 20k. i think in this area there can be another 30% correction, also to make the whole thing more sustainable

You are thinking too far ahead, there is resistance at 10k and until we get a close above that level then talking about bigger numbers is a useless exercise, the price is going down once again and things are not looking good, we got a death cross, the price is now below the 200 moving average and the next level of resistance is at the 50 moving average if we go below that level then it is very likely the price will resume its downward trend and any dream of 22k before this year ends will be over.

Triffin

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Quote from: Capt00 on November 06, 2019, 09:32:02 AM

Quote from: Triffin on October 31, 2019, 02:38:16 PM

Quote from: Hamphser on October 31, 2019, 11:47:17 AM

Quote from: jakoylantern on October 31, 2019, 08:02:37 AM

I'm hoping that bitcoin can reach 22k this year, and looking at that graph, I have confidence that it can. But reading some other analysis, we can't still confirm it well, and I understand that reason. I also make my own interpretation, but in my calculations, and assume that I will only go to 18 - 20k. But then again it depends on the volume.

It's just too early to expect a $22,000 bull run within this year while the current price is not correlating to the price target. I expect that $22,000 or even $20,000 will touch next year but looking at the price trend and speculations it seems that the price is likely to move upward but not this year. We will surely going to see that new ATH of bitcoin next year we just need to HODL a little longer.

Exactly nothing can happen with days we will have to wait patiently for years to get better reward. $22k will maybe happen this year but it’s dream of every investor to reach the target price. Holding is surely an important condition for investing to get huge profit that’s why I am investing and holding but about coin my choice is only Bitcoin.

I just hope it will not remain a dream, I believe every investors wanted the price to reach atleast $20k and I really hope and pray that it will reach to the that point. We have been waiting for the bull run for a long time already and if it will not happen by the end of the year then hopefully it will be next year.

We simply need to stay positive about the pump of bitcoin since in last few weeks, bitcoin has shown decent increase in the price. All investors are holding their bitcoin tight in order to enjoy the surge of bitcoin. Of course, every investor makes investment with a hope that his or her coin will increase in value especially when it is bitcoin, the expectations of people increase drastically.

bettercrypto

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Quote from: teosanru on October 02, 2019, 12:30:11 PM

Searching across the web. A very interesting Chart has come to my notice. I don't know who has analyzed but it says a lot about the story of bitcoin so far in a very large time frame.

The thing is on one side it is hard to digest this as we have seen a long bear phase and a lot of fake ICOs shit which has almost lifted the trust of people from this cryptocurrency market as whole. However, this analysis couldn't completely be neglected because we all know 0.5 retracements hold a pretty sacred place in every Technical Analysis. Maybe the waves don't count up it can be a correction downwards. But the whole trend line is still.

Disclaimer: This chart is shrinked a little bit to prove the point if you go to trading view you won't find a chart exactly like this one but the highs and lows are all correct. Better see a logarithmic chart for better similarity.

Soon as the halving of bitcoin will go on, price of it will also goes high. I think it will happen next year. As a trader, I am preparing myself in a bull run market in year 2020. Maybe, the removal of banning the mining in China is a preparation also of this Giant country to the bull run market.
However, as of the moment the price still stable at 9k to 10K mark, hope that resistance will break by the end of November.

Topic: We are finally going to $22k (Read 1921 times)