We are finally going to $22k - page 3.

jakoylantern

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Quote from: Hamphser on October 31, 2019, 12:47:17 PM

Quote from: jakoylantern on October 31, 2019, 09:02:37 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.

To be very honest, no one can really predict the change accurately. At most, we can just tell that pump or dump is near. Back in 2017, no one or you can say majority was not expecting bitcoin to touch 20k dollars but it did and shocked everyone. We all know soon the market will be rising and bitcoin will be gaining value, it will definitely rise more than you can expect or imagine. Just wait and watch.

Yes, I agree that it's tough to predict what will be the exact value of bitcoin and assuming that bitcoin will reach 20k above this year/ end of the year. Yes, you're right about in 2017 that most ppl don't expect that it will skyrocket at 20k. The market will surely increase, especially some ppl saying that BTC is repeating its history.

Triffin

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Quote from: Hamphser on October 31, 2019, 12:47:17 PM

Quote from: jakoylantern on October 31, 2019, 09:02:37 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.

EdenHazard

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Quote from: bitbunnny on October 27, 2019, 03:31:48 PM

I don't know where such conclusions come from.
The price goes down a bit and everybody talking about 3500$, then the price goes up a bit a suddenly we have predictions of 22000$ or more.
None of this is realistic and it's hard to tell where the Bitcoin price next moment will be.
Just the very next day price might go under 8000$ again and to achieve 22000$ or more at this moment sound a bit exaggerated.

Here we are in optimistic phase where optimistic speculators popping up out of nowhere.. it's always happening and nothing wrong but things become more makes no sense whenever the market stuck and that's the turning point for the pessimistic phase turn to show up.

I won't call it bullish / bearish as mostly we've seen that the speculation made based on nothing but FOMO&FUD mixed.

The fact that this kind guesses won't get you anything but a disappointment due people are putting too high expectations in bitcoin ignoring all the data and facts around.

Hamphser

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Quote from: jakoylantern on October 31, 2019, 09:02:37 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.

agentx44

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

We are looking forward to seeing bitcoin reach $22k this year but we can't really trust the chart because it has betrayed us once. We've seen it go low but suddenly so high afterwards but then it fell down again. We can see on this picture that bitcoin can go high all of a sudden but fall down after the sudden growth. It would be better if we stay lowkey with our investment and go with the flow wherein we are just going to do the things necessary for a certain situation.

jakoylantern

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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.

NewRanger

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Quote from: GreatArkansas on October 31, 2019, 07:45:23 AM

Sharing my daily time frame technical analysis on Bitcoin.

I'm a little bit bearish on higher time frame, like on daily time frame.
You see those yellow circles? That trendline just continue making more higher highs as we go by.
The only positive I see is the volume. If you see the last yellow circle, the volume was too huge spike compare to previous higher highs.
I am still waiting for monthly closing candle. Tomorrow could be significant for Bitcoin or on the next day.

from chart above i see lower high at yellow circle,and also it make lower low.based on dow theory i see bearish still happening.we need confirmation on high time frame,is it formed reversal pattern or not. In november we will see market direction ,where bitcoin price will moved.personall i am doubt 22k will happen this year.

GreatArkansas

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Sharing my daily time frame technical analysis on Bitcoin.

I'm a little bit bearish on higher time frame, like on daily time frame.
You see those yellow circles? That trendline just continue making more higher highs as we go by.
The only positive I see is the volume. If you see the last yellow circle, the volume was too huge spike compare to previous higher highs.
I am still waiting for monthly closing candle. Tomorrow could be significant for Bitcoin or on the next day.

Distinctin

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Quote from: error08 on October 30, 2019, 09:23:43 PM

Quote from: figmentofmyass on October 02, 2019, 06:35:02 PM

we're going way further than $22k next time around IMO. i'm betting on 6 figures.

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 think that's what the chartist is saying. he's comparing the current period to early 2012 or 2016, which suggests we'll slowly uptrend through the 2020 halving and then price will go parabolic the following year. then maybe we'll get a 2-3 year dip.

6 figures? $100K?
I'll say $50,000 one year after the halving and back to the ATH when the halving takes place.
If it's going to happen, no matter what, we have to prepare in case the crash occurs subsequent to the new ATH, the price will gradually decline but that's the time to buy and sell bitcoin. Just buy bitcoin as much as we can afford now, sell at ATH, then buy more bitcoin in 2-3 year dip.

I know how optimistic you are( actually at the high level) but to think $100k in a year or two after halving, I can't figure out how it becomes into reality. Even to think that Bitcoin will reach into $20k is quite hard and aren't have assurance, how much more if we go beyond that.
Realizing that we are not even through into recovery, in fact, we are still in the market correction even though we pass 1 year in bearish season.

error08

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Quote from: figmentofmyass on October 02, 2019, 06:35:02 PM

we're going way further than $22k next time around IMO. i'm betting on 6 figures.

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 think that's what the chartist is saying. he's comparing the current period to early 2012 or 2016, which suggests we'll slowly uptrend through the 2020 halving and then price will go parabolic the following year. then maybe we'll get a 2-3 year dip.

6 figures? $100K?
I'll say $50,000 one year after the halving and back to the ATH when the halving takes place.
If it's going to happen, no matter what, we have to prepare in case the crash occurs subsequent to the new ATH, the price will gradually decline but that's the time to buy and sell bitcoin. Just buy bitcoin as much as we can afford now, sell at ATH, then buy more bitcoin in 2-3 year dip.

MathGame

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After looking at the charts I'm feeling comfortable with the current bitcoin price and hopefully, the bitcoin price will continue to grow in the future. This chart proves the bitcoin price will grow to reach a new all-time high of $22,000 sooner than we think. It's about time, we would get to see the bitcoin price reach the new ATH of $22,000

South Park

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Quote from: bitbunnny on October 27, 2019, 03:31:48 PM

I don't know where such conclusions come from.
The price goes down a bit and everybody talking about 3500$, then the price goes up a bit a suddenly we have predictions of 22000$ or more.
None of this is realistic and it's hard to tell where the Bitcoin price next moment will be.
Just the very next day price might go under 8000$ again and to achieve 22000$ or more at this moment sound a bit exaggerated.

Those kind of predictions come from the desires of people, those that want to see bitcoin at 22000 want that to happen because they want to obtain profits similar to what we saw a few years ago, and those that want the price to go down to 3500 want that to happen because they missed the opportunity they had to buy bitcoin at that price during this year, as you say the most likely scenario we will see at the end of the year is a price close to the current levels, bitcoin is trading at a price close to 9000 so a price between 7500 and 10500 is the most likely option.

redsun114

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Quote from: kanayaTabitha on October 28, 2019, 07:54:51 AM

These kind of prediction exist since 2017 when bitcoin reach all time high and people predict for next year bitcoin's price will hit 50K at the end of 2018.
I hate the prediction without analysis, but in term of the spirit of the people i would like it because it can attract new investors to buy bitcoin because of those people prediction

There is no prediction that can ever be right even with analysis in this very volatile crypto market, so everything that we are all doing is just speculation and I think it is still quite good for now because if you don’t continue keeping people’s hope alive like that, we will keep having people that will get discouraged about the market sometimes when the value dump which may end up getting them to panicking and selling their coin rather than making more demand.

We really don’t need people to make panic for us right now, what we need is more demand of bitcoin so that we can continue having this type of increase that visited this market of recent when bitcoin made a move to cross over $9000, but based on op’s prediction, I think we should be able to see $22k at bull run next year.

Reatim

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Quote from: kolonel_x on October 27, 2019, 11:57:26 AM

Quote from: ChrisPop on October 27, 2019, 10:53:32 AM

After seeing the current Bitcoin pump structure it looks like the bulls have enough fuel to get the price to $17k resistance. I don't think we are going to reach $22k this year, but as we had an almost 50% surge in price in only one day everything is possible in crypto land. 😅

With confidence that bitcoin can reach the target of $ 22k at the end of the year or the beginning of the year, and now bitcoin has begun to move again, is this surge like a significant yesterday I know this is a good day for bitcoin.

Who’s target is 22$k? Lol there’s no such thing we are all speculating here but target is only a failure ,we have seen thousand of this scenario from the past and yet many investors trapped from the fake bull so let’s be mature enough and never ask for big instead be contented in some small profit but constant
22k May be reached in Halving season but if now at least we are ready enough

cheezcarls

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Quote from: teosanru on October 02, 2019, 01:30:11 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 would not really count on that though. Even the $16k per BTC prediction made by someone from Reddit isn’t likely to happen (despite that two of his predictions were true). However, it might surprise us on the last days of this month.

$22k Per BTC for this year? Sorry to say this, but it will not happen and ain’t realistic at all based on what we’ve seen in the market right now.

The market of cryptocurrencies is so unpredictable nowadays. Days ago, I tried to set the buy order at $7,786 before it quickly shoots up to more than $9k in just minutes (and that was freakin’ fast). Volatility is freakin’ real, no matter if it goes up or down in value. When we thought that it would form a death cross, it “bulls up” the other way around. You may not know when the spike or fall will happen exactly.

Aying

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Quote from: kolonel_x on October 27, 2019, 11:57:26 AM

Quote from: ChrisPop on October 27, 2019, 10:53:32 AM

After seeing the current Bitcoin pump structure it looks like the bulls have enough fuel to get the price to $17k resistance. I don't think we are going to reach $22k this year, but as we had an almost 50% surge in price in only one day everything is possible in crypto land. 😅

With confidence that bitcoin can reach the target of $ 22k at the end of the year or the beginning of the year, and now bitcoin has begun to move again, is this surge like a significant yesterday I know this is a good day for bitcoin.

All topics now are related to top country that has announcement and reason for the bitcoin price lifted. but are we too sure with this prediction and reach for $22k this year? it might possible or not? I can only say one thing, it might be happen if all the big users or investors and manipulators in this industry would keep up with the trend. maybe there is a big chance we might reach the price at that state. and considered it as a bull run for 2019. predictions now are overflowing.

Webetcoins

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Quote from: BChydro on October 27, 2019, 12:53:21 PM

Quote from: kolonel_x on October 27, 2019, 11:57:26 AM

With confidence that bitcoin can reach the target of $ 22k at the end of the year or the beginning of the year, and now bitcoin has begun to move again, is this surge like a significant yesterday I know this is a good day for bitcoin.

It is hard to predict how the market goes in the next few months, there is nothing in the market to predict that you can expect a multi billions investment in the market in the next two months to reach the next all time high valuation and if we want to expect some huge rallies in the next two months you need to have some verdict about the market, simply predicting the market will soar is not the proper way to predict the market Tongue

.

It is not that hard to make predictions regarding the performance of digital market in the coming months. If you have been here for long, then you must have idea about the predictions given by experts are correct most of the times. The only thing that is really hard to predict is the target that bitcoin will achieve in any pump. Before the end of 2019, bitcoin will definitely raise to a good value.

kanayaTabitha

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Quote from: bitbunnny on October 27, 2019, 03:31:48 PM

I don't know where such conclusions come from.
The price goes down a bit and everybody talking about 3500$, then the price goes up a bit a suddenly we have predictions of 22000$ or more.
None of this is realistic and it's hard to tell where the Bitcoin price next moment will be.
Just the very next day price might go under 8000$ again and to achieve 22000$ or more at this moment sound a bit exaggerated.

These kind of prediction exist since 2017 when bitcoin reach all time high and people predict for next year bitcoin's price will hit 50K at the end of 2018.
I hate the prediction without analysis, but in term of the spirit of the people i would like it because it can attract new investors to buy bitcoin because of those people prediction

GreatArkansas

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Sharing my daily timeframe chart on Bitcoin;

I am bullish for lower time frame of Bitcoin, especially when we zoom in the chart.
Multiple breakout on some horizontal minor resistances and trendlines too. What I really admire is the crossover of 200MA to 50MA on daily timeframe.
Yet, we are still dangerous for flash dump or huge red dildo again. It's so difficult to trade right now, especially the monthly candle closing is fast approaching.

Cimmy_revenger

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Quote from: Suslived on October 27, 2019, 03:00:21 PM

Looks like this chart and the prediction is coming true after all. Although it may not sound right, I'm actually glad for the trade war happening between China and the US because it increases the value of our cryptocurrency investments.

In my opinion this trend will continue to $22k and may even rise higher.

We Will waiting halving bitcoin https://www.bitcoinblockhalf.com/ because we know after halving day bitcoin to the moon again like in 2017 ago.

Topic: We are finally going to $22k - page 3. (Read 1847 times)