We are finally going to $22k - page 10.

pieppiep

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Quote from: cryptoknightt on October 03, 2019, 07:34:38 PM

I think to be able to return to the price of $22k can not be achieved because there are still no signs of an increase in the price of bitcoin and the current price of bitcoin is still below, it should be at this month that the price of bitcoin can reach more than the price of $15k. hopefully many people's prayers can be answered.

Even I am expecting the same because with sudden increase will always help the Bitcoin to lose its value quickly. The chart seems to be completely in an upward trend, but it doesn't mean the price of Bitcoin will easily cross the value of $22k, soon the price of Bitcoin will dump to $10k.

We need more time to see the price will cross $22k, although many people predict that it will happen in the next bull run. But now, we still at $8k, and the price still not going somewhere. Yes, the chart giving the sign for bitcoin price to increase, but we still don't know when it's happening. So while we wait for the time to come, we can do another thing like buying bitcoin at a price now. I think that will be a good time for us if we can buy more bitcoin now.

If we analyze the chart this day, the up and down do not move too high or too low. The price is to stay at the price level, or maybe it's because most traders are waiting for the next thing that might happen, so they decide to place a small buy or sell. But when there is a big demand come to the market, the price will get a pump or even get a dump which will make traders panic.

danherbias07

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Some may say it will be better than nothing.
To give hope or to pump it up at the thought of maybe people will see it too.
Well you did.

Just like you said, it is difficult to digest. Charts like this is a creation of someone who might have bought at a larger price and just want to make even or maybe a little profit.

adamlillian

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The problem is, does this cycle always go according to plan? If this news is more, people will collect more bitcoins to get big profits. But if this is a trap of manipulation organizations, they will sell off all of their bitcoin and make its value plummet, just like litecoin used to be. What do you think about this view?

Fredomago

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The recent market situation has been unpredictable for a long time, so with that expected price that could go towards $22k per btc somewhat difficult to happen. As a part of bitcoin's growing community, demand from buyers is very important since we're not yet establishing promising movement of entire crypto markets.

The demands and trust from the buyers who who's willing to hold and wait, and people who also will adopt and use the system can turn things to a much higher level. The value still possible to increase when the market movement changed up between bear to bull, we can't be assure but there's the tendency to bounce back and meet a new high is still anticipated, maybe not this year but in the next following years to come.

Yamifoud

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Quote from: cryptoknightt on October 03, 2019, 07:34:38 PM

I think to be able to return to the price of $22k can not be achieved because there are still no signs of an increase in the price of bitcoin and the current price of bitcoin is still below, it should be at this month that the price of bitcoin can reach more than the price of $15k. hopefully many people's prayers can be answered.

It is better to forget $22k by now, it is better to think first of $10k-$15k. Cause if Bitcoin could sustain such price range, we are able to reach farther as of $20k. What we are facing today is another market challenge and aiming for its recovery. We don't likely we need a high price cause the most important is we could see crypto still valuable and to show that it could give a better future in our currency system.

cryptoknightt

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I think to be able to return to the price of $22k can not be achieved because there are still no signs of an increase in the price of bitcoin and the current price of bitcoin is still below, it should be at this month that the price of bitcoin can reach more than the price of $15k. hopefully many people's prayers can be answered.

rodel caling

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Love to see it chart showing positive position to out into the bear market, but by the way I do not believe that the price of bitcoin are derictly affected of the ICO scam issues last year 2018 but of course have an a little effect but not totally damage the bitcoin price value. Hoping this chart analysis was guve anothe ath.

stadus

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I always believe that bitcoin will eventually make a new ATH and of course we will reach that price.
However, my expectation this might year might not happen but I'll be happy to see it by next year.

I think we've seen a lot of struggle already and we are still here, so we deserve to enjoy if that time will come.
Halving was really a big factor that could change this market to a bullish one, and we might see some great movement pre and post halving next year.

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Quote from: k@suy on October 03, 2019, 05:34:21 PM

Quote from: Oilacris on October 02, 2019, 02:14:08 PM

Yeah, charts are really good looking to watch specially for bullish sentiments and yes patterns do give us out some ideas to project on where

the price can possibly shoot up ahead of time but the question is, would the history repeat itself? No one can answer that but we can presume out those things
but we shouldn't expect too much but since halving is still on next year, we do still have that sufficient time.

Yes agree with this. We can use charts and others to predict what will be happen next, im sure that some big whales know how to read charts thats why I think they can manipulate the market. It is hard at first to read charts and patterns but it reall helps a lot, it does! I hopen that bitcoin will go higher too as well with alts.

In reading the chart it's doesn't mean you literally interpret it graphically. Seeing the trend going up but the consistency of the dumping occurrence isn't good enough to make a good pump, then avoid yourself on selling a portion of your asset. Buying at lower price is the best ways to grab an opportunity of gaining great profit once bitcoin price will hit the top.

nydiacaskey01

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Looks good, sounds good but the question is WHY? We can't reason out "its because the chart says so". There has to be a reason why the price of Bitcoin will start climbing again to $20,000. When the price of Bitcoin climbed last December 2017, there was a reason for that and one of those that are considered is stock market traders jumped into trading Cryptocurrency in the last quarter of 2017 and when they reached their target, they dumped their Bitcoins.

k@suy

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Quote from: Oilacris on October 02, 2019, 02:14:08 PM

Yeah, charts are really good looking to watch specially for bullish sentiments and yes patterns do give us out some ideas to project on where

the price can possibly shoot up ahead of time but the question is, would the history repeat itself? No one can answer that but we can presume out those things
but we shouldn't expect too much but since halving is still on next year, we do still have that sufficient time.

Yes agree with this. We can use charts and others to predict what will be happen next, im sure that some big whales know how to read charts thats why I think they can manipulate the market. It is hard at first to read charts and patterns but it reall helps a lot, it does! I hopen that bitcoin will go higher too as well with alts.

mindrust

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This TA also says it is possible to go back to $6k which is also the case with Master Luc's ongoing TA.
https://www.tradingview.com/chart/BTCUSD/JSP3KDmy-New-long-term-prediction-as-I-see-it-now/

You should also change your title. We are not going to $22k. We are going to the moon. ($80-100k) You don't think when we get to that point we'll be staying at the bottom of the chart do you? There will be so much hype by the time we pass the last ATH and then moonshots!

vintages

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Even without a chart, it's quite known that the price of Bitcoin will surely go up.
Whenever there is a price dump, It's a pity what many investors are seeing is red instead of green.
What they don't see or understand is that a price dump is one of those rare opportunities to pile up their wallet instead of when it is going green.
Panic buying is equal to less profit.

o48o

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Quote from: teosanru on October 02, 2019, 01:30:11 PM

I've been looking at the same thing with halvings, and yes, but i think that next 20k will be just a confirmation that we will hit insane bull run after that.

But it has been so obvious TA that it makes me rethink that i must be wrong with this one.
My mind keeps telling be that this can't be so easy, that bitcoin always screws me somehow.
But then again when it was only $300, in a million years i wouldn't have thought that we would go near even to 10k, that it would be too easy.
Now it makes me think that every chart i draw is too conservative when it says the next ath is under 500k.

So, 20k? sure, it will be a start.

Woshib

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As a bitcoin investor, i always look for the big picture, in this case monthly or yearly timeframe, from the creation of Bitcoin to the day of this post, bitcoin still in positive growth and keep growing, Ups and Downs everywhere which is normal, most people who are in fear or in greed when buying and selling, have 0 economical knowledge and some of them even retarded.

Pipdips

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This topic could be moved over to the Speculation forum. Wink

bitbunnny

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Very optimistic prediction but I don't think it will happen this year. To achieve such high price as 22k we would need continuous and fast growth and all positive factors should come together but I don't think this can happen in relatively short period of time.
Many users are secrerly hoping to experience.2017 again, as the best year for Bitcoin so far but I don't think we'll such high price soon.

Ararbermas

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Yup the chart now showing a good news for all traders who want to recover their losses for how many months . But i hope this time no early interruptions.. What i mean reason that can causes a back flip during the pump. Because for sure that can cause another losses again in my opinion due to the panic selling . And im hopping as well those greedy person didn't sell off earlier , because they can influence the growth always especially those big Holders. So let keep our fingers crossed it will never happened again if bitcoin start to surge this time.

rocku12345

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Only a new round of technologies in the crypto community will be able to bring a wave of large investments in bitcoin and some main altcoins as EOS or ETH.
The graph from the first post shows a typical situation before halving. Imagine if big whales may be smarter and do everything possible to make BTC falling in spite of all expectations.

target

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Quote from: teosanru on October 03, 2019, 11:35:18 AM

Quote from: pundit on October 03, 2019, 11:01:22 AM

It will not be a surprise if Bitcoin moves to $22K next year. We all have seen its movement in 2017. I agree to the point that most of the investors have lost their faith in ICOs and IEOs due to rising scams. Although IEOs have given a little push to crypto market but it still needs low of money inflow. Once investor's confidence on crypto projects is rebuilt, I do not think Bitcoin will take much time to reach $22K.

IEOs are equally a scam like the Icos except for the fact the these are a listed scams. I call icos scam bot because they run away with money but because they stay boldly without doing anything even after raising money. 99% of the Icos launched an year of couple of years ago have not achieved anything as per their road map.

Quote from: davinchi on October 03, 2019, 11:01:30 AM

Quote from: bittraffic on October 02, 2019, 02:23:20 PM

Looking at the chart as a whole we aren't after all experiencing bear market but just dipping just for 2-3 years and will probably go on rising again. I don't just dream of 22K though, I'm hoping for more. probably double it to 40K until the message to all the people in the world will be seen that we're in the age of digital currencies.

I strongly believe that it is also the desire of each and every one of us to see that bitcoin price grows above $30k because this is the value that is enough to actually make many people happy about their investment in the coin, most especially many of the people that bought out of FOMO when the value of bitcoin reached the last ath of $19800.

Price at $22k is still not that bad anyway, but I think that bitcoin can actually do more in this next bull run, considering the fact that we have added more in terms of adoption more than the previous adoption rate we had even in 2017 when the bull run sets it, it means when bull run starts now, there is going to be more buyer of bitcoin, therefore to achieve the predicted value may actually be a very simple target.

It's still not as simple as it seems. As i said main thing before last bull run was that a lot of people heard other's making money. This time it has to be something bigger and people need to realize the utility of blockchain for bull run to be triggered the event can be anything.

Quote from: desticy on October 03, 2019, 11:12:10 AM

In any case, for all time, Bitcoin shows excellent dynamics. It is likely that after the halving, the price will begin to rise, however, given the manipulative state of the market, it is very interesting how the whales that own most of the bitcoins in the market will play cards. Mass cryptocurrency FOMO in the past. The big question is what will provoke people to buy bitcoin again, perhaps the rapid and continued growth will again create a wild excitement in which people want to give preference to bitcoin rather than altcoins.

The manipulation work on the both sides for whale. They are great at creating FUD and equally good at creating FOMO we just saw in last few months that btc went to 10k from 3k so whales can take the price to 20k equally easily

They manipulate for their gain too, its not like they are pumping the coins without them profiting from the people who joined this market. This will happen are backed by the legitimate news as well from governments involve in BTC like Venezuela to banks and Japanese STO regulations. This time though I hope they are going to do it gradually so that those firms who still has doubts will panic out of FOMO.

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