Topic: Who Else is Expecting the Ultimate Rise of Bitcoin? (Read 755 times)

Logical of course,,, but the thing is nobody knows for sure what will happen with the price. You and me we are bitcoin hodlers so we of course hope for much higher directions but I cannot blame anyone who does not want to take the risk. At 10k price, $100 only buys you 0.01 BTC and this puts so many people off I guess.

They are very good predictions, the truth has been a great success as soon as you have prophesied, it really seems interesting that you affirm that when printing more FIAT money, the products will increase in price and if, in fact, that is what can happen, but I think that not matching the amount of , but printing so many dollars would become an inorganic money and what it produces is a level of inflation, which obviously must be offset by the increase not only of goods but of everything in general.

This is a strong economic consequence, although in fact when it is observed that the country with an inflation of (1-3)% causes imminent alarm in its economy, in fact there is much speculation about a possible fall or decline of the world economy. .

Some investors and important people in the world have taken as a main option the purchase of gold, and that is where the importance of Bitcoin comes into play, because it represents a deflationary economy and when this type of economic anomalies arises, owning Bitcoin is the best option , because it protects itself from inflation and is one of the best attackers that the average person can take to defend against any economic crisis.

In this context and seeing the events that are happening today, through a simple inspection and analysis of the Bitcoin movement, it is expected to begin its upward trend stage, if we take into account that, according to many theories, the market moves with the accumulation and In the distribution stage, we can add that we are starting a point of upward trend, and we should take as a reference the problems in countries like Venezuela and Argentina, where their inflation is monumental and there is only a bitcoin release due to exchange control that currently exists in Argentina. On the other hand, there is the launch of BAKKT that greatly helps to generate more demand and, as demand increases, supply decreases, Bitcoin begins to rise in price, of course, this happens in unexpected ways, because certain movements You can expect prices, maybe some fall, but the trend will be in a bullish environment.

In this analysis you can see a channel with bullish trend sense:


Source:https://www.centralcharts.com/es/6863-btc-usd/analysis/58120-btc-usd-1h

Lest have to think it 50% wanting Bitcoin to dumps and 50% also we'd love to see Bitcoin at pumps. This is the reason why bitcoin price is just like a roller coaster and its volatility remains cause we never have the same goal towards bitcoin. We have to understand that the main reason why people come crypto especially for bitcoin is to earn money.

15K is not a level we should be aiming right now, we have been going under 10k too many times in a row and I am afraid that it will happen again and when the next time it happens it may fall down way below 9 thousand as well and that is not something we can handle right now.

We should totally focus on moving beyond 10 thousand and staying there, we already moved beyond 10 thousand but we are still fragile, maybe going over 12 thousand and staying there for some weeks would be better, not the best but at least better. After that we can actually rally up to 14 thousand and if we can manage to stay around 14 thousand (a bit over or a bit lower doesn't matter) than we can try to go over 15, but until we fix this under 10 thousand all the time issue we can't even think about 15 thousand yet.

The price is already moving up since 48 hours ago after it touched the support around $9,600 or thereabout. It is still a good time to buy because a resistance broken at $12,500 means further upward to $15,000

That causes a lot of traders to lose money though. I mean I love it when bitcoin is expected to fall than a whale comes up and price suddenly skyrockets but I hate it when we expect it to go up than someone like Craig comes in and sells thousands of bitcoin to make it go down. This is why we are so tender when it comes to price of bitcoin, even when its going up we are super careful and when it starts to go down we all sell to make a buck and get away from the loss, so it caps bitcoin at a certain price and not making it go even further higher, if we were brave we would have been over 20k by now but we are not because we have no clue what the price of bitcoin will do.

It is unpredictable which makes sure these "get rich quick" dudes do not make the profit they are looking for and that is good but it hurts real investors as well.

The post is worth of reading.
Now lets come to your question.
Who really doesn't like Bitcoin to rise up?
We all want Btc to rise up so that we can sell our coins in higher prices.
Nevertheless it will happen soon in the near future.
We need to now just wait and watch.
Wish us good luck.

Market has been unpredictable, when people expect, most likely the opposite will happen.
When we were expecting crypto will recover last year, things went the opposite way as the market were even getting worse.
Now, at the start of the year, people are still to emotionally attached with the ending of 2018, but didn't expect bitcoin will rise and some altcoins will show some good signs, but there was a good news and that brought bitcoin at the current state.

In short, what we have to do is to continue to believe but don't expect short term gain.
We can hold calmly if we believe because even if it will dump again, we will still be confident that the right time will come the market fully recovers.

Or just let the market goes on its normal flow, no artificial pump or something and then let's see how it goes, if it reaches another all time high then good for everyone here. If not, still a win situation for us specially those who are willing to wait and hold on it for the next four years or so.

Bull run will eventually happen here, ultimately when everyone doesn't expect something big to happen, suddenly bitcoin will go on a rise, we have seen this happen multiple times in the past so I wouldn't surprised if by next year suddenly the price goes on another parabolic reaching a new all time high. So let's see and have more patience in 2020.

Right. We definitely had that sought of scenario prior and post halving. My take on the question is more economic. I talk about the limited stock of Bitcoin available. We have already mined around 17m of the coins so far and we are not left with a huge stack now. In 2024, the available coins to be mined would be around 15% and fall in supply is rise in price.

Which is what we are mostly looking, as market will bounce high when good news are being published, most investors are still following the trends that if there's good upcoming or ongoing positive movements more investment will be invested inside the market, it will help lifting everything up and with that it will also captures the eyes of new investors making it more possible that new high will be expected to happen.

Every good thing happens when you least expected. Dont expect for the  instant rise of bitcoin, just wait cause it will happen on the right day and on the right time.

Right now could be the best time to buy as much bitcoin as possible, I mean we are talking about under 10 thousand with a huge upside potential that could go as high as 12 thousand dollars and that wouldn't be even unrealistic for bitcoin, it could go above 14k if we are going to be super optimistic about it but being a realist I can say at least 10k is possible with some change on top of that so we are talking about close to 10% profits if you buy right now, I mean even if not 10% it could be 5%+ for sure without a doubt.

If you think bitcoin will go down even more than you are wrong because most of the time the ups and downs happen all at once so when it dropped if it dropped only this much that means it stopped dropping, if it were to drop more it would have happen already so it will definitely go up.

I consider that it still a good time to buy bitcoin at the current price because if your prediction is happening in the future, then we will never see this price again. So when we can see the price is going to lower than the price before, we can buy more bitcoin at a low price. You don't have to buy a whole 1 bitcoin directly, but you can buy in a small part of bitcoin so you can buy bitcoin over and over at various price. But you should be careful because sometimes the price will go to the lower price than the price now, so you need to manage your order buy.

When the price can go down below than $10k, that means the good time is coming to you so you can use the chance to buy more bitcoin. And I am sure that many people are waiting for the next rising of bitcoin price and they want to see bitcoin price reaching the highest price ever.

Maybe this 2020 will be benchmark for bitcoin price. Did halving still really affect on pumped price of bitcoin. Because if it still make big affect, there will be big possibilities if 2024 or actually i don't know when next halving and just follow what you said if 2024 will be halving. Because people's interest about bitcoin will be bigger and make demands increased too.

The real future is even beyond those years that you talked about, there is nothing in those years compared to what bitcoin future will look like in the next 10 years, within the next ten years, there are so many development that would have happened and make bitcoin root to become grounded and firm and the value of bitcoin will continue to rise till it reaches the peak and I know that in ten years’ time, bitcoin price would have reached close to or over 1 million dollars.

Now let us imagine what we will be saying about our investment by then. The long run of bitcoin is what really pays and will pay those who believe in its ultimate rise now and also in the future. From next year, things will really change in the crypto space.

From that fluctuation we realize that fluctuations make price changes unpredictable and can fly and move anywhere. High expectations are not a matter in this case, when you see fluctuations have started to attack the market. especially if the fluctuations have moved because of positive news and trends, we will see the high prices happen.

I believe we are given a lot of opportunity to buy, and that includes the situation now, the thing is, people does not make a research and they just fully focus on the present situation, if they'll study the trend, for sure they will understand how big the potential of bitcoin is.

Bitcoin has been a dominant currency and I don't think that will change anytime as it has proven to dominate the market of close to 70%, so it will die anytime, in fact the adoption that you are talking is gonna happen in the long run, awareness is very important and I believe the government are already starting to regulate crypto and this would help for easy adoption, people will be confident with adoption and I see we are going to that scenario in the future.

I think traders are really waiting for a move and that is expected of them. Not that any sensible long term investor is expecting anything big but traders make their earning from daily trades and that requires movements all the time, bitcoin has to go up and down constantly so they could make some profit. That means there are "some" people who are sick of bitcoin not moving, not the general public, not the bitcoin community as a whole but there are "some" which is the trader block of bitcoin world.

They are not minority neither there are a ton of them and they are vocal about their situation so they get more mainstream attention as well. So maybe bitcoin has been stable for far too long since there is a good amount of people who are expecting it to make some move.

Well if that's what really happens then I should open up a channel with my mate LFC_Bitcoin, because I think we've been saying for a long time that 2020 is the earliest we can expect a true recovery. This year's climb has been great, make no mistake, and I'm happier than most it's tapered off at such a wonderfully round sum of 10k.

Whether or not we believe in the repetitive nature of cycles, and whether or not we agree that there's room for a few more ATHs, the overheating in 2017 needed a lot more time to cool down. And for a true crypto winter to happen it would need much more despair and a true purging of optimism. Neither really happened by the time the last few months of uptake took place.

If anything, this jumping of the gun probably delayed 2020's true crypto spring.

And wow, why am I using all these terms? The psychology works!