Topic: What you expect about next move of bitcoin? (Read 545 times)

Since you made your post we have seen mostly sideways action without the price taking any clear trajectory, but during the past days the volatility of the market has increased and now it is going up, but even with the recent growth it is difficult to know if this is the beginning of a new trend in the upward direction or if this was just a reaction to the price of bitcoin being so low and whales taking the chance to accumulate some coins in the process.

Well, looking at how much it dropped these days I would say the next stop would be up. I don't mean really up, like $10k+ or something, I just mean $8.2 or something because that is literally what bitcoin has been doing for a long long time.

You guys ever realized that bitcoin sometimes goes up and sometimes it goes down but 99% of the time it is around the same prices? Like yeah sure sometimes it is $20k and sometimes it is $3k but usually it goes up and down between the same price most of the time. So, I think we are right in those times, the price is going down but the price will go up again to $8.5k maybe at most and then stay there for a while and then go back down so forth until the cycle is broken and something even bigger happens, until then we are stuck here as always.

Nailed it, FUD have already started and they are doing they best which they can do that's creating more and more panic selling so that they can purchase bitcoin at lower price and then sell it when the price goes back to normal but I feel there is some bigger organization behind these fudsters. But there is a thin line between creating FUD and portraying the marking situation with a glimpse of negativity, I think its time that the users should stop paying heed to negativity and just focus on longer term goals.

I don't have big expectations in sense of price rise. Currently we are experiencing one more price correction and I suppose there will be some more until end of the year. However, I don't expect some major price fall but there will be no significant price rise either. If we touch 10000$ by the end of the year that will be success.

There definitely is a chance for Bitcoin to reach $12k again this year, it just isn't very likely. I think that's a better way to say it. Bitcoin has time on time again proven to do that what people didn't expect to happen.

Right? I'm still flabbergasted by where we are today, because it's not even that long ago where the price was bouncing between the $3k and $4k mark.... we are still +100% above that after a +40% correction from the top.

I expect the price to take one more hit before we can start to focus on a recovery again. My guess is $6k and from there we will probably have some months of sideways consolidation to explode up and leave these levels behind for ever.

I tried to make it higher than yours about $9k to $10k since the market shows some pumps nowadays. It has to think that bullish isn't in the way but not say that we are plunging down hard below $7k. If the market sustains the recent position we'll eventually end up this year at good price.
We all still be hopeful that even we don't see huge market increase but still we are able to make a profit, and this is the most important.

That would be too low in my opinion.
I'd go 7k but never less than that. 6k could make higher kinds of FUD that might deteriorate the value of bitcoin once again.
The fudsters are just there in the shadows just waiting for the right time. Taking bitcoin to plunge in a very low price so that they could buy or suggest their own altcoins.

I would say that with Bitcoin and the way the whole market is, all predictions and projections are just speculations of what can happen with the price of Bitcoin. It means that one's guess can be as good as yours and mine. There are all possibilities with Bitcoin going down or going up, anytime. Which prediction Bitcoin will go will be known over time. It must be noted that there are people who made it their habit to predict that Bitcoin can crash anytime even going back to zero soon. Listening to these people can make one get discouraged on Bitcoin but fortunately we know much better and we don't anymore give credence to what these might say. Now, on the other side of the table are people who always love to get media attention by predicting unbelievable predictions for Bitcoin. Listening to them can make you over optimistic and can lead one to a misinformed decision dealing with Bitcoin. Go for a more sane analysis on Bitcoin and not to these people who are just here to get the attention they are craving.



There is no chance that Bitcoin can get back to the $12000 within this year, in the remaining days of the year 2019. There is however a big possibility for that in 2020. We can be lucky if Bitcoin can stay at $9000 for this year as the market seems to be more inclined to go sideways barring no big good news on the horizon. Overall, I am still happy with Bitcoin as the year is soon ending. With next year's halving, the time to accumulate more is now.

at the moment I also don't think that the price of bitcoin will reach the level of $ 6000, but on the other hand, I'm also not so sure that the price of bitcoin can reach the price of $ 12000 at the end of the year. maybe the price of bitcoin can reach $ 12000 if developments in November will be very good. however, I might feel that the bitcoin price range at the end of the year could be $ 9,000 to $ 11,000. for now, I think like that.

Yeah, I don't think the price would drop this low to 6k$, not now at least. I suppose 7200$ could be the lowest it would get but BTC right now seems to be in a good position and I don't expect any further decline in its value. In fact, we can anticipate a good five figured value by the year's end ranging somewhere between 11-12K$...

I think bitcoin will not drop in to that price maybe bitcoin price now is dropping but not reach that $6000.
Before the end of this year i expect that bitcoin will goes up until $12000

I think the same. At the end of this year, we may see the Bitcoin price decline. And at the beginning of the next year, we will see a good pump in Bitcoin price and in the whole crypto market. However, Bitcoin's decline price can even go 5500 USD, I mean under 6K and there are other possibilities that BTC can stick on 7500-8000 USD. We don't know the exact amount, but all are these are possibilities.

Probably the next big move of bitcoin will happen by the month of December taking the price move above $15000. Before that we can expect the market to go above $10000 as the market isn't bearish. The price has gained good resistance which hasn't let the price fall low to $8000 for a long. Maybe if this resistance gets broken we might experience the fall of price going low to $6500.

A lot of people do really expect that bitcoin could reach increase it's price higher before the end of this year because i also see that bitcoin has potential to increase it's price up to 20k USD again just like in the year of 2017. However, if bitcoin increase it's price before the end of this year it will definitely will go down in the start of the year of 2020.

No truer words have ever been written, bro.  People here tend to forget that not so long ago bitcoin was trading for just $3200 and that it took a rocket ride up to $10,000 before dipping back down to where it is now.  The mood really isn't bearish.  This is just a minor correction in my opinion.

Also, my personal thoughts are that when bitcoin busts out of this pool of still water that its in, it will be to the upside.  I'm fairly sure of this, and the only real question in my mind is how long it's going to take for it to happen.

You're right about the downtrend of the bitcoin market which I also believe will happen till early next year but the market wont dump to the $5700 price range you mentioned because the market will actually experience a side ways price movement.  However, the whales are not to blame for what's happening because this is just a logical move in the price of bitcoin market which always when halving is approaching.

If people expecting bitcoin price lower than the current price probably they want cheaper price to buy but the expecting sometimes beyond out people expectation that when they see bitcoin price decline then most of them forget to buy more and be a part of panic sell but as we're 2 month remaining before reach new year then i personally expect bitcoin will surpassing again to $10k or if supose can more than that price

i see big whales put their trap now in market.they try to manipulate price by make pump in market.i am take rest for a while till market clearly where it will move.i am still see down possibility on $7100 or even $5700.i hope when i enter again i get best price for  my position.technically i see bitcoin price in downtrend.

The market movement seems been played around by the big players, the right direction is seems unclear but same  patterns keeps on occurring. Its better to stay safe and stay away from the market at the moment, seems like a short term investors game.

The point isn't to compare and contrast every example of the fractal. It's to point out there is more than one resolution possible from a classic bear flag. Just keeping an open mind here. Bitcoin tends to surprise.