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Topic: We are finally going to $22k - page 11. (Read 1847 times)

hero member
Activity: 2114
Merit: 618
October 03, 2019, 11:35:18 AM
#31
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.
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.
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
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
October 03, 2019, 11:12:10 AM
#30
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.
legendary
Activity: 2100
Merit: 1058
October 03, 2019, 11:01:30 AM
#29
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.
full member
Activity: 868
Merit: 104
October 03, 2019, 11:01:22 AM
#28
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.
legendary
Activity: 3668
Merit: 6382
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October 03, 2019, 09:51:48 AM
#27
We need a new miracle that can bring investor interest back into crypto like 2017, but I don't know what that is. But I hope in next 2 years there is something new.

You are extremely pessimistic. 2 years is a long time, things are moving faster. Bitcoin works well and it's still improved, no need for "miracles".
I think that the outside economics play a bigger role in the price than we'd like to admit.
full member
Activity: 798
Merit: 104
October 03, 2019, 09:47:57 AM
#26
Looking good to see such a nice chart for bitcoin price history of bitcoin halving will give a good move for bitcoin according to the halving history of bitcoin but again everything can be change according to the condition of the market. I believe we see again the bullrun and the new alltime high for bitcoin.
sr. member
Activity: 1274
Merit: 264
October 03, 2019, 09:40:48 AM
#25
I predict that this will gonna happen soon and the rally could start by the month of December. Best time to HODL more and accumulate by just doing trading.

Hopefully people will get into investing to BTC since a lot of scam happened last 2017.
sr. member
Activity: 1400
Merit: 259
October 03, 2019, 09:28:23 AM
#24
Looks good to me but I am still pessimistic about it.
I dont know really know why but maybe it is just my defenses which tells me to never expect too much.

We have seen unexpected waves each year and so it could even now at almost the end of the year.
Last December 2017 was just too much to swallow and I got super excited. But now, I really want to see it again then maybe make profits out of it unlike before when I got greedy waiting for more.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
October 03, 2019, 09:11:54 AM
#23
I found a discussion about this a few days ago and in my opinion this could have happened, but it would take more than 2 years for bitcoin to rise. Not only that, seeing the lack of investor interest due to many scam it is possible to reach such prices will be difficult compared to 2017 which is still popular ICO.

We need a new miracle that can bring investor interest back into crypto like 2017, but I don't know what that is. But I hope in next 2 years there is something new.


There is nothing like a miracle. Generally there are always  plenty of good news in the market currently. When the technicals are correct market itself gets trigger with any good news. And the miracle happens. I don't remember any major good news before the 2017 bull run there were just a few news which ignited it. We have heard many other news until then but nothing has sparked anything. So when technicals are right it will automatically happen.
I saw many charts in Bitcoin at the same time it will never happen so no one is believe these kind of charts. Because past charts little varied so after you fix the charts everyone accept the perfect view. But future prediction are never successful in crypto currency. All are still believe the Bitcoin so it will move forward soon.
legendary
Activity: 1568
Merit: 1041
1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR
October 03, 2019, 09:20:27 AM
#23
The most interesting thing about this chart in my opinion is that there's a huge boom in price a while AFTER  the halving. It seems like it would be the opposite way. Sure, there's a slight bull run leading up to the halving, but the major boom happens after the halving. It seems like with all of the news and hype surrounding a halving, that would raise the price significantly, but it doesn't.
hero member
Activity: 2114
Merit: 618
October 03, 2019, 09:01:59 AM
#22
I found a discussion about this a few days ago and in my opinion this could have happened, but it would take more than 2 years for bitcoin to rise. Not only that, seeing the lack of investor interest due to many scam it is possible to reach such prices will be difficult compared to 2017 which is still popular ICO.

We need a new miracle that can bring investor interest back into crypto like 2017, but I don't know what that is. But I hope in next 2 years there is something new.


There is nothing like a miracle. Generally there are always  plenty of good news in the market currently. When the technicals are correct market itself gets trigger with any good news. And the miracle happens. I don't remember any major good news before the 2017 bull run there were just a few news which ignited it. We have heard many other news until then but nothing has sparked anything. So when technicals are right it will automatically happen.
sr. member
Activity: 1078
Merit: 250
http://unidapp.app
October 03, 2019, 08:00:04 AM
#21
There's no rush to break to a new high, but when we do it will be seatbelts on.
Surely there is a forward push, but there is nothing for a rush. The growth will take place in a gradual manner. Right now we've been experiencing the growth to be staggering between $8000-$8500. This way the growth of bitcoin will happen in a very slow phase, possibly the market gets the growth reaching a new ath by the days of halving or by the starting of the year 2020.
I think the beginning of the year is always a good time to invest because investors tend to buy a lot during that period. This market is very easy to manipulate and we cannot predict what will happen next in this period. In my opinion, you should buy BTC at $8000 and hold until next year because this investment will definitely bring you profit. Maybe a lot of people are scared but I believe the market will soon rebound again.
legendary
Activity: 2212
Merit: 1008
October 03, 2019, 07:28:11 AM
#20
I found a discussion about this a few days ago and in my opinion this could have happened, but it would take more than 2 years for bitcoin to rise. Not only that, seeing the lack of investor interest due to many scam it is possible to reach such prices will be difficult compared to 2017 which is still popular ICO.

We need a new miracle that can bring investor interest back into crypto like 2017, but I don't know what that is. But I hope in next 2 years there is something new.


legendary
Activity: 3206
Merit: 1213
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October 03, 2019, 07:19:50 AM
#19
There's no rush to break to a new high, but when we do it will be seatbelts on.
Surely there is a forward push, but there is nothing for a rush. The growth will take place in a gradual manner. Right now we've been experiencing the growth to be staggering between $8000-$8500. This way the growth of bitcoin will happen in a very slow phase, possibly the market gets the growth reaching a new ath by the days of halving or by the starting of the year 2020.
hero member
Activity: 2114
Merit: 618
October 03, 2019, 06:44:56 AM
#18
The chart is very tempting us to wait for more and we are willing to buy more bitcoin because, in the next year, we can expect to see bitcoin price will be at the very highest price. But unfortunately, we don't even know when precisely that chart will come true, and we could only wait, wait, and wait. But I believe that what we expect will give us some big profit by holding bitcoin and we can get the rewards when the bull market comes soon. I see that it seems, the market is still trying to push the price into a higher rate, so I guess this month, we are going to see some surprise from the market.
No one can predict the future blindly. But this is how TA works. It's a practice in which we study the past to get an idea about the future because we work on the basic assumption that history repeats itself. So if I am saying that we could go to 22K it's merely because I am seeing a pattern of history repeating itself and nothing else.
Interesting take and I agree that the halvening has major effects on Bitcoin miners that directly or indirectly affect the Bitcoin price. However you know the saying: "it works until it doesn't" - so the fact that Bitcoin had positive effects from halvenings doesn't mean that it will happen again in the future. It is just a higher probability for that to happen. Why $22k though? Through my analysis I think Bitcoin price will skyrocket much higher if we break the $20k mark.
Obviously TA is a game of probabilities you just need to get them in your favour by having a look at different dynamics of the market. The margin of error and external dynamics always affect your analysis. So when I say it would go. I am saying it's highly probable.
hero member
Activity: 1596
Merit: 502
October 03, 2019, 06:23:11 AM
#17
The chart is very tempting us to wait for more and we are willing to buy more bitcoin because, in the next year, we can expect to see bitcoin price will be at the very highest price. But unfortunately, we don't even know when precisely that chart will come true, and we could only wait, wait, and wait. But I believe that what we expect will give us some big profit by holding bitcoin and we can get the rewards when the bull market comes soon. I see that it seems, the market is still trying to push the price into a higher rate, so I guess this month, we are going to see some surprise from the market.
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
October 03, 2019, 06:20:39 AM
#16
Interesting take and I agree that the halvening has major effects on Bitcoin miners that directly or indirectly affect the Bitcoin price. However you know the saying: "it works until it doesn't" - so the fact that Bitcoin had positive effects from halvenings doesn't mean that it will happen again in the future. It is just a higher probability for that to happen. Why $22k though? Through my analysis I think Bitcoin price will skyrocket much higher if we break the $20k mark.
hero member
Activity: 2520
Merit: 624
October 03, 2019, 05:14:03 AM
#15
It is a video showing the very long time bull of bitcoin. I think that can start happening from next year. Hodling bitcoin now is the best plan now. In 2020 when halving come, we could witness high volatility.
sr. member
Activity: 784
Merit: 282
October 03, 2019, 03:10:11 AM
#14
Yeah i've been seeing this chart recently, well not exactly this chart, but different spins off of it. I take this as a good indicator that the hype is building up and could probably cause or fortunes to rise along with it. Charts are always a reliable way of convincing simple minded people.

Just hodl and be patient, we're almost there!
full member
Activity: 409
Merit: 100
October 03, 2019, 02:44:03 AM
#13
The way I look at it, I hope it will continue to take off. Because, I know there are lot of people like me who hold Bitcoin and bought it during the time it dropped at a low price in the market. But I guess it is not good to expect high on this illustration chart, Because no one knows what really could be the price is, due to market was very unpredictable. So, lets see what will happen in the next day Smiley
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