What is your Bitcoin price prediction for 2019

figmentofmyass

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Quote from: pealr12 on September 11, 2019, 03:30:24 AM

2019 is about to end and still theres no sign of bitcoin bull run. I predicted bitvoin to go 30,000$ by the end of year which is too imposible to happen by now.

we haven't even started q4 yet, and that's often a bullish time of year. in q4 2016 we went from $600 to $1000, and in 2017 we went from $4k to $20k. so don't underestimate what bitcoin can do in 3 months. in april-june this year, the market rallied ~250%. replicating that move from here would put us near $25k!

pealr12

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2019 is about to end and still theres no sign of bitcoin bull run. I predicted bitvoin to go 30,000$ by the end of year which is too imposible to happen by now.

Kasabus

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Quote from: guoyu78 on September 07, 2019, 11:28:50 AM

The price could go up that much but I would suggest be careful about it when that happens, if the price goes up anything above 15k there will be a huge gap in the bottom which means it could literally freefall back down under 10k and that would hurt many investors. That is why I highly suggest people to buy now and sell then instead of actually buying then, if you see bitcoin going up to 15k or more than do not buy it, it could still go even higher but that is a big risk compared to right now.

I am not saying bitcoin won't reach 20k or higher, it will but if it does a sudden move without closing the gaps then it will eventually fall which will be another bear run for months for us, it should slowly go up and down in order to reach highers while closing the gaps in between.

Without Altcoins, Bitcoin is not of great value and its price cannot be much higher than $ 10,000. I think the price of Bitcoin will decrease.

May I know what is your basis on your statement?

I just see the opposite happening because without altcoins, there will be no more competition in the market, hence, bitcoin would easily rise even higher than it has previously reach. Bitcoin is not viewed as a successful payment system because compared to the fiat payment system, they are more faster, bitcoin as its price getting higher, it's not good anymore for small transaction as the fee is high and the network congestion is one of the problem.

Bitcoin now is heavily invested because people are transferring their money as bitcoin is more promising due to its limited supply that could result to a higher value as the demand increases.

guoyu78

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The price could go up that much but I would suggest be careful about it when that happens, if the price goes up anything above 15k there will be a huge gap in the bottom which means it could literally freefall back down under 10k and that would hurt many investors. That is why I highly suggest people to buy now and sell then instead of actually buying then, if you see bitcoin going up to 15k or more than do not buy it, it could still go even higher but that is a big risk compared to right now.

I am not saying bitcoin won't reach 20k or higher, it will but if it does a sudden move without closing the gaps then it will eventually fall which will be another bear run for months for us, it should slowly go up and down in order to reach highers while closing the gaps in between.

Botnake

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Quote from: Dr.Osh on September 07, 2019, 04:20:45 AM

Quote from: Pab on September 05, 2019, 08:25:57 AM

I think Bitcoin has chance to hit 16k-18k even.Than will be correct like 20% to 30% and final bull run will begin
I see two dangers for bitcoin price growth
First is big cap altcoins .Big cap altcoins are so much oversold.Bitcoin needs quality alts.It is one market nothing rise alone

Second is Central Banks can use CME to lower btc price or and legal action against cryptocurrencies

for now, the closest prediction I feel is that the price of bitcoin is above $ 10k, but below $ 15k. so, that's between $ 10,000 and $ 15,000. Even though the news is pretty good, even the dominant bitcoin price is higher than the others, but I'm still quite pessimistic about bitcoin that can reach prices above $ 1500 this year.

the problem of danger, of course, we also see some risk ahead, only at this time I only focus on the development of bitcoin. I just want to see the price of bitcoin rise in line with the price of an altcoin.

Like to see that people are doubting BTC to have a new ATH this year, this means they are more matured and more realistic now.
Maybe most of us learn from our experience during year 2017 and last year, so we are not easily believing that the history will repeat itself again.

Now that ICO is almost dead, there's no major reason why altcoins rally will happen this year, maybe coming from IEO but the IEO this year is not big enough to cause an altcoins rally, it's safe to predict that we have a great year next year but this year is all about a good recovery as well.

Dr.Osh

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Quote from: Pab on September 05, 2019, 08:25:57 AM

I think Bitcoin has chance to hit 16k-18k even.Than will be correct like 20% to 30% and final bull run will begin
I see two dangers for bitcoin price growth
First is big cap altcoins .Big cap altcoins are so much oversold.Bitcoin needs quality alts.It is one market nothing rise alone

Second is Central Banks can use CME to lower btc price or and legal action against cryptocurrencies

for now, the closest prediction I feel is that the price of bitcoin is above $ 10k, but below $ 15k. so, that's between $ 10,000 and $ 15,000. Even though the news is pretty good, even the dominant bitcoin price is higher than the others, but I'm still quite pessimistic about bitcoin that can reach prices above $ 1500 this year.

the problem of danger, of course, we also see some risk ahead, only at this time I only focus on the development of bitcoin. I just want to see the price of bitcoin rise in line with the price of an altcoin.

barbara44

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Possibility wise it is quite possible but do you really think its probable? I mean we are already in September and unless something major happens we are stuck here for a little bit more while.

Obviously, this is finance and this is crypto with its decentralized unregulated nature it could go to 20k+ tomorrow and we would be all shocked how it happened but we would all know that its possible to happen. That is why I think people do not believe bitcoin would go above 20k but they are saying that full on knowing it could totally happen at any given moment same as it could also drop back to 4k at any moment as well but we believe that won't happen anytime soon. Usually these things happen really fast but not in 24 hours, like if we go up to 20k it would take about a week and not in a day so we would be taking a look at it when its happening.

ethereumhunter

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Quote from: vintages on September 05, 2019, 12:38:21 PM

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We're already reach to 3rd quarter for this year and the good news is there was no big dumped for bitcoin at least and because the price looks stable at $10k range since last month so in my opinion the highest price of bitcoin in this year could be surpassing $10k but not more than $15k and which mean new ATH will be not happened in this year

I agree more on the part you stated of a possibility of the price of 15k this year closing. Seems to be my price prediction too.
But about ATH 'not happening this year'... We can't be too sure.
In cryptocurrency anything can happen in sudden. Today the price might be low, tomorrow it could go so high or the other way round.

I will be glad if the price hit above than $12k at the end of this because that means, bitcoin will make a new highest price in the next year before the halving happens. The new ATH at the end of this year can be varied since we don't have any right prediction and people still predict on much higher price. I think bitcoin wants to give us some a big surprise for the price, so it is better we can be patient for a while and see what will happen to the price later.

vintages

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We're already reach to 3rd quarter for this year and the good news is there was no big dumped for bitcoin at least and because the price looks stable at $10k range since last month so in my opinion the highest price of bitcoin in this year could be surpassing $10k but not more than $15k and which mean new ATH will be not happened in this year

I agree more on the part you stated of a possibility of the price of 15k this year closing. Seems to be my price prediction too.
But about ATH 'not happening this year'... We can't be too sure.
In cryptocurrency anything can happen in sudden. Today the price might be low, tomorrow it could go so high or the other way round.

Pab

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I think Bitcoin has chance to hit 16k-18k even.Than will be correct like 20% to 30% and final bull run will begin
I see two dangers for bitcoin price growth
First is big cap altcoins .Big cap altcoins are so much oversold.Bitcoin needs quality alts.It is one market nothing rise alone

Second is Central Banks can use CME to lower btc price or and legal action against cryptocurrencies

Finestream

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We're already reach to 3rd quarter for this year and the good news is there was no big dumped for bitcoin at least and because the price looks stable at $10k range since last month so in my opinion the highest price of bitcoin in this year could be surpassing $10k but not more than $15k and which mean new ATH will be not happened in this year

You can't be sure about that, although I believe that it's not likely to have a new ATH this year but I still think it's possible.
3 months is more than enough to make a new ATH, BTC can increase 100% in just a month like it did in the past, so with 3 months, I think that's a lot of time. At over $10,500 now, a 100% increase from this price would already create a new ATH, so it's really possible.

Crypto is known to be a good investment because it could give a return in many folds of your investment, and you have to remember that bitcoin is the king of crypto, if altcoins can increase more than 100% in less than a month, bitcoin can surely do that.

Ararbermas

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On this year bitcoin has a potential to make pumps in my opinion but it's just a pumps that wherein will not go further due to some factors , you can see it on the chart . Actually im not saying it will make a repetitive fluctuations within this year because you know, we are now on bermonths and there's a high possibility again it will keep progressing like what always happened . But in my view not too much.

bustedsynx

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$16,000 by the end of the year. By the early months of 2020, January February and March, Bitcoin will try to break the all-time-high price and will succeed by April. New ATHs will happen in April to May and then crash back to $16,000 because many will sell the hype.

stepwilli

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Quote from: JackZalesskiy77 on September 03, 2019, 03:44:59 AM

Quote from: Nnuego on August 31, 2019, 03:38:03 AM

There has been different prediction of bitcoin price from all angles but one thing is sure that bitcoin price will hit $18k before this year end's. So many investors are now investing more in bitcoin due to the shades between China and USA over tariff

Why do you say that BTC will hit $18k for sure? Do you have some more info to base this prediction on? I am very interested to hear, I personally also belive that around 20k is in order, but I don't know for sure, just hope

People are just saying what they like to say out of assumption and not out of fact because anyone that predicts should be able to back its prediction up with some summaries of analyses done, and majority of us actually just speculate because we know that it is speculation that controls the market.

Many at times, people have speculated different figures, and when it eventually coincided, then one that got the prediction well will claim he is an expert, meanwhile it was just a guessing work. There is no one that can predict the future of bitcoin, we can only get some clue form whatever is happening around us like the release of bakkt, the release of Facebook coin, and some other fundamentals that we know that there is no way it would not have effect on the value of bitcoin.

SirLancelot

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18k is definitely a made up number, its not even a wall that will be hit and stay, like for example we hit 13.8k and we stuck there and than fall down because there was a wall there that kept us from going any further up, 18k doesn't have that, we have the closest at 17.7k so maybe he round it up and that could be the most logical argument for him, the next is at 19k+ (19k and some change I forgot) so that is further away so I assume he talks about the 17.7k wall. That is something we can reach if we have some new money coming into the market but for that to happen we have to have a reason, like what is going on for bitcoin that would make people put up some more money into it?

As far as I know only good thing going on for bitcoin has been bakkt and that is not something huge that would change the price that drastically.

michellee

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We still have almost 4 months before the end of this year, so everything can happen. Bitcoin can increase and back to $10k, and then it could slightly increase to the next level price. But we don't know where the price wants to go while the market until now still cannot be predicted. We could only wait and see for what will happen later, and we can buy trying to buy bitcoin from now on if we think that soon the price will increase. But if we are still afraid of the next downtrend, then we can wait for a while.

Free1bitco.in

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So far, I see the growth of Bitcoin due to the capitalization of Bitcoins. Unfortunately, I will not see new investments in a large amount for 3 months. I think that the price of Bitcoin above $ 15,000 will not be this year.

it's likely that the price of bitcoin will be in the range of $ 15,000 by the end of 2019. I'm just waiting for information about things that can make the price of a bitcoin pump like a trade war.

a lot of information that supports that the price of bitcoin can be a higher pump, it's just that I don't think that at this time there has been a significant increase. so, I believe that in the near future, the price of bitcoin can break through the price of $ 11,000, and the recovery will continue until it approaches, or exceeds that price.

bittraffic

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So far, I see the growth of Bitcoin due to the capitalization of Bitcoins. Unfortunately, I will not see new investments in a large amount for 3 months. I think that the price of Bitcoin above $ 15,000 will not be this year.

It can easily break that $15k when when finally BAKKT will be launched in 3 weeks. Its been announced lately it will be released. Same say it may not have effect but it sure does have. Its where the financial institutions are going to rumble and compete the traders in crypto and the money from investors will flow. Everyone who thinks of profit will grab its chance to buy whatever is on the horizon.

JackZalesskiy77

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Quote from: Nnuego on August 31, 2019, 03:38:03 AM

There has been different prediction of bitcoin price from all angles but one thing is sure that bitcoin price will hit $18k before this year end's. So many investors are now investing more in bitcoin due to the shades between China and USA over tariff

Why do you say that BTC will hit $18k for sure? Do you have some more info to base this prediction on? I am very interested to hear, I personally also belive that around 20k is in order, but I don't know for sure, just hope

JackZalesskiy77

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Quote from: sana54210 on September 01, 2019, 02:09:26 PM

Quote from: Nnuego on August 31, 2019, 03:38:03 AM

There has been different prediction of bitcoin price from all angles but one thing is sure that bitcoin price will hit $18k before this year end's. So many investors are now investing more in bitcoin due to the shades between China and USA over tariff

But, this recent drop sealed it for me, I knew bitcoin would be going up very soon but I wasn't entirely sure when it will happen and how it will it happen but thanks to this drop now I am 100% sure that bitcoin is about to go up really high. Bitcoin never just takes off without no movement beforehand, it does a bit of testing to see how the market looks and depending on the results it goes up or down.

This is one of those times where bitcoin has tested the bottom to see where it can fall when it goes up so that it knows the bottom in case of a fall, now that we know the bottom we can now go up as high as possible with the knowledge of where the risk is and be careful while going up but at the same time since we know the risk we can just go up without worrying about what could worse happen.

This makes total sense. Then we are in for a treat in the near future, can't wait to see where it is going to go.

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