Topic: We are finally going to $22k - page 7. (Read 1877 times)
After looking at the charts I see no timeframe and major price dip which makes me wonder how this is going to happen without the price correction which is constant. By the way, for bitcoin price to go to $22,000 it is not going to be easy since we don't actually have a bull run in the market right now. For bitcoin to reach $22,000 we are going to need a very strong bull run that will help pump up the price and hit the new ATH of $22,000.
This chart is giving me hope to hold my bitcoin. I hope one-day BTC price will reach in $20k but thats won't happen this year or next year we have to wait some more years to make a big profit from bitcoin. Bitcoin prices are likely to drop later this year. Now let's see what happens.
There's nothing in the chart in my opinion. No offense but I feel a large majority of Bitcoin's history uptrends just before and during halving is largely due to speculation. I watched Litecoin Halving event a month or two ago and just like everyone predicted (Like everyone is speculating now) and the increase in value was fuel by mere speculation. After the ride up, came a 50% value drop. I have no doubt that Bitcoin would go up, what's more interesting is that it might pass the previous all time high.
The thing is even after the drop Bitcoin still managed to go up and close the year on an even higher price, it may not be near its all time high but the price where it closed the year is higher compared to the previous year and it never failed to do so. I would agree with you that speculation and FOMO plays an important role when it comes to Bitcoin jumping prices but at the end where all the noise is over and the real hodlers are the only ones left it didn't broke down to a price lower than the previous year. Even what you are saying that Bitcoin's halving has no important role when it comes to price action is true you really don't have any way to prove it because it never had failed to do so. Even if the reason is still about the speculation surrounding it, halving is still an important even we need to watch out.
I believe that you can expect such high prices for Bitcoin only if the popularity of Bitcoin in the community improves again. In any case, its popularity and public interest in this coin will equally improve the capitalization of Bitcoin. It is these changes that we will observe in any case, if this happens. But today we see that the capitalization of the entire cryptocurrency market has lost almost more than 40%, where most of the volume is precisely Bitcoin. Based on this, I can not find any circumstances that would indicate such a quick and positive change in the situation in the cryptocurrency market regarding Bitcoin.
There's nothing in the chart in my opinion. No offense but I feel a large majority of Bitcoin's history uptrends just before and during halving is largely due to speculation. I watched Litecoin Halving event a month or two ago and just like everyone predicted (Like everyone is speculating now) and the increase in value was fuel by mere speculation. After the ride up, came a 50% value drop. I have no doubt that Bitcoin would go up, what's more interesting is that it might pass the previous all time high.
ASs long as we keep having such market trends, i don;t think we will see any 22k recently. we might retract back to 7k or 6k area if the bulls failed to make move in the market. the current situation is scary one might loose his funds if he tries to gamble. i think day trading is the order of the day now.
I do not know if day trading is the solution to your problems, if you are not really convinced about the direction the market will take or you think the price will go down then it is better to stay out of the market until you think otherwise, I know many do not like this since they believe in holding your coins no matter what, but you also need to be a smart investor and the most important part of being an investor is to know when to get out of your positions.he said that its hard to gamble but why he is suggesting to do trading when trading is more like of a gamble and i dont know if he is refering to a real gambling when said the word gamble earlier . day trading is not the solution to the current situation that we have now because i dont see any active fluctuations . what is good to do right now is investing . 22k dream for this year is going to be crucial but who knows maybe miracle can happen too
ASs long as we keep having such market trends, i don;t think we will see any 22k recently. we might retract back to 7k or 6k area if the bulls failed to make move in the market. the current situation is scary one might loose his funds if he tries to gamble. i think day trading is the order of the day now.
I do not know if day trading is the solution to your problems, if you are not really convinced about the direction the market will take or you think the price will go down then it is better to stay out of the market until you think otherwise, I know many do not like this since they believe in holding your coins no matter what, but you also need to be a smart investor and the most important part of being an investor is to know when to get out of your positions.he said that its hard to gamble but why he is suggesting to do trading when trading is more like of a gamble and i dont know if he is refering to a real gambling when said the word gamble earlier . day trading is not the solution to the current situation that we have now because i dont see any active fluctuations . what is good to do right now is investing . 22k dream for this year is going to be crucial but who knows maybe miracle can happen too
For me, I really don't care if Bitcoin never reaches to its peak again this year or even next year cause all we need is to sustain where it stays by now. $10k-$15k is good enough, and it seems to be profitable anyway.
Honestly it is hard to tell and it is hard to get a basis according to chart and to fast price movement. Because all we know that no one can predict and no one really know when and how the bitcoin and every crypto price will change. If we talk about $22k it is possible because bitcoin already hit almost $20k last december 2017. So it is not impossible to make it $22k but no one knows when it happen.
From what I am seeing, I think bitcoin is trying to consolidate on this $8k trend which will be a good news, it might not be good news for bitcoin investors alone, but it will be great news for altcoins investor because only bitcoin consolidation can make the price of altcoins to start growing and they are long due, if altcoins does not recover any moment from now.I am sorry to say that it might lead to the end of altcoins generally, there is need for bitcoin to go sideways now so that altcoins can enter their own season, but if bitcoin does not consolidate at this price, it will surely break barriers in the coming week which will make it to have more dominance of the market and this is not good at all for altcoins, the more dominance that bitcoin has, the more those coins will be dropping in value.
Honestly it is hard to tell and it is hard to get a basis according to chart and to fast price movement. Because all we know that no one can predict and no one really know when and how the bitcoin and every crypto price will change. If we talk about $22k it is possible because bitcoin already hit almost $20k last december 2017. So it is not impossible to make it $22k but no one knows when it happen.
ASs long as we keep having such market trends, i don;t think we will see any 22k recently. we might retract back to 7k or 6k area if the bulls failed to make move in the market. the current situation is scary one might loose his funds if he tries to gamble. i think day trading is the order of the day now.
I do not know if day trading is the solution to your problems, if you are not really convinced about the direction the market will take or you think the price will go down then it is better to stay out of the market until you think otherwise, I know many do not like this since they believe in holding your coins no matter what, but you also need to be a smart investor and the most important part of being an investor is to know when to get out of your positions.he said that its hard to gamble but why he is suggesting to do trading when trading is more like of a gamble and i dont know if he is refering to a real gambling when said the word gamble earlier . day trading is not the solution to the current situation that we have now because i dont see any active fluctuations . what is good to do right now is investing . 22k dream for this year is going to be crucial but who knows maybe miracle can happen too
ASs long as we keep having such market trends, i don;t think we will see any 22k recently. we might retract back to 7k or 6k area if the bulls failed to make move in the market. the current situation is scary one might loose his funds if he tries to gamble. i think day trading is the order of the day now.
I do not know if day trading is the solution to your problems, if you are not really convinced about the direction the market will take or you think the price will go down then it is better to stay out of the market until you think otherwise, I know many do not like this since they believe in holding your coins no matter what, but you also need to be a smart investor and the most important part of being an investor is to know when to get out of your positions.
Wow, It's an over speculation about the Bitcoin price I think, 22K is not a normal figure at this moment while we are passing below 8K per Bitcoin, so the analysis is good but you should consider that the current context, I don't think that we are going to get this momentum very soon, I think it would be maximum 15K within Six months, but it also true that the price of Bitcoin doesn't follow any trend, so it's really difficult to predict about the price what's coming up? but everything is possible on this platform, but for me, 15K is enough to get a good result and people will also love seeing this figure soon. I think It's important to keep the market stable rather than price high, Without stability, cryptocurrency world will not get a large number of the new user in the future
I'm not really sure, technical analysis is good, especially with trend halving analysis, but as far as I understand it, price fluctuations are very difficult to touch an estimated percentage of more than 50% with thah analysis, if the price of bitcoin can reach more than 22k it's very good but be careful with the decline that occurs after the increase.
I don't think no one can be ensured about the Bitcoin'sfuture price. Everything is just a prediction. Some predictions have a good clue and some are just predictions without any base. Personally, I don't think Bitcoin at 22k USD will be possible even in the next year. It will take a longer time than expected. Though we have a chance after the Bitcoin halving happens, but still 22K USD seems too far when we are 0on only 8K USD zone.I think next year price will gain more potential but still even this year price is increasing from 7000$ to 8500$. i think $22k is so close to us maybe at one year distance so it is right time that we should invest and hold, later on price will be really high and profit will be low if one want to invest at that time.
Despite of this market struggle, it's nice to see people who are remains optimistic thinking that bitcoin will recover. Though it will not rise at that price this year but it could happen next year or the next next year, that's the kind of mentality everyone should maintain if they are willing to HODL.
We know that this market could also dump, but we don't think much about that when we are investing since our purpose here is to make more money and its only possible when the big pump will happen like in the past, a bull run will surely make us all smile again.
I think next year price will gain more potential but still even this year price is increasing from 7000$ to 8500$. i think $22k is so close to us maybe at one year distance so it is right time that we should invest and hold, later on price will be really high and profit will be low if one want to invest at that time.
Despite of this market struggle, it's nice to see people who are remains optimistic thinking that bitcoin will recover. Though it will not rise at that price this year but it could happen next year or the next next year, that's the kind of mentality everyone should maintain if they are willing to HODL.
We know that this market could also dump, but we don't think much about that when we are investing since our purpose here is to make more money and its only possible when the big pump will happen like in the past, a bull run will surely make us all smile again.
I don't think no one can be ensured about the Bitcoin'sfuture price. Everything is just a prediction. Some predictions have a good clue and some are just predictions without any base. Personally, I don't think Bitcoin at 22k USD will be possible even in the next year. It will take a longer time than expected. Though we have a chance after the Bitcoin halving happens, but still 22K USD seems too far when we are 0on only 8K USD zone.
As you know, it is speculation that rules the market, so it is better to just keep speculating in favor of bitcoin, this speculation also has a way of attracting people to the market, people are always very encouraged when they see that the value of bitcoin is speculated to rise and sometimes they believe in analysis a lot, so it either keeps the existing one in the market by alleviating their fears, or get some people motivated to invest in the market more.Aside speculation, I think that this recovery may actually lead us to a better price than we have had in the past, although it may not be up to the figure that the op speculated, but I believe that it will be some good figure that we will really get in this coming rebound of bitcoin after this great dump.
I think next year price will gain more potential but still even this year price is increasing from 7000$ to 8500$. i think $22k is so close to us maybe at one year distance so it is right time that we should invest and hold, later on price will be really high and profit will be low if one want to invest at that time.
Despite of this market struggle, it's nice to see people who are remains optimistic thinking that bitcoin will recover. Though it will not rise at that price this year but it could happen next year or the next next year, that's the kind of mentality everyone should maintain if they are willing to HODL.
We know that this market could also dump, but we don't think much about that when we are investing since our purpose here is to make more money and its only possible when the big pump will happen like in the past, a bull run will surely make us all smile again.
ASs long as we keep having such market trends, i don;t think we will see any 22k recently. we might retract back to 7k or 6k area if the bulls failed to make move in the market. the current situation is scary one might loose his funds if he tries to gamble. i think day trading is the order of the day now.
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.
The chart depicts really good results but i think that there is a time gap till we reach $22000 because btc is still struggling to cross $10k at the moment and conditions are still not in favour which can push momentum towards btc so we can just hope that prices rise soon and we see bull run hitting the market early.Hope the prices cross $25000 also soon so HODL. 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'm not really sure, technical analysis is good, especially with trend halving analysis, but as far as I understand it, price fluctuations are very difficult to touch an estimated percentage of more than 50% with thah analysis, if the price of bitcoin can reach more than 22k it's very good but be careful with the decline that occurs after the increase.
I don't think no one can be ensured about the Bitcoin'sfuture price. Everything is just a prediction. Some predictions have a good clue and some are just predictions without any base. Personally, I don't think Bitcoin at 22k USD will be possible even in the next year. It will take a longer time than expected. Though we have a chance after the Bitcoin halving happens, but still 22K USD seems too far when we are 0on only 8K USD zone. Jump to: