Topic: Why we will see $50k Bitcoin end of year - page 9. (Read 2175 times)
Where do these figures come from? We could ask if we will see bitcoin at a price of 5 trillion dollars or 2 dollars each. Not based on anything predictions. Even just reading them is already getting tiring.
The last time we saw the $20k was not related with the CBOE. In fact, if you check carefully a chart and a calendar you will see that the price started to crash almost the same day. I don't understand why people are speculating on Bitcoin future, while it won't give any favorable result. At worst it can make Bitcoin below the $6k-$5k if the decision is negative
The fact that Bitcoin crashed the same day as it almost reached $20k is because everytime the price breaks a psychological support level (which is 20k in this case),it's logical to see a big Sell wave from those who want to collect profit and/or rise their BTC count for the next uptrend wave.
We always hope for the best for btc but 50k is far from now. But yeah if etf is approve btc will more likely surpass its last Ath
Chances are slim, I'd be happy to have $20,000 by the end of the year, the market is already weak, the chances of a big rebound should be slim, so don't be too optimistic.
The next prediction is based on sensations. Nobody can confidently predict a particular price for bitcoin, especially in such a perspective.
Assuming Bitcoin at the end of this year to be $50K is just to create hype into new investors which is not good specially if the new investors believe such claims, it will only result in negativity in the market. The way I see it the market will just be the the same as last year or even a bit higher that $18k, and in worse case scenario around $12k.
Indeed, I also think that it's bad to make new investors hype, because they will be disappointed if the price doesn't reach that $50K. I also think that the highest price that can Bitcoin reach in the end of the year is $18K or less. Even though it's recovering there's still big falls which is disappointing.
The bitcoin and cryptocurrency markets appeared quite weak at the beginning of August.
The economic crisis is also affecting the entire financial market, stocks and cryptocurrencies are falling!
The market recovery of cryptocurrencies takes a certain amount of time, perhaps at the end of this year!
The economic crisis is also affecting the entire financial market, stocks and cryptocurrencies are falling!
The market recovery of cryptocurrencies takes a certain amount of time, perhaps at the end of this year!
Assuming Bitcoin at the end of this year to be $50K is just to create hype into new investors which is not good specially if the new investors believe such claims, it will only result in negativity in the market. The way I see it the market will just be the the same as last year or even a bit higher that $18k, and in worse case scenario around $12k.
As we all know that at every drastic price increase, there will be an correction. I think if bitcoin reaches $50k, it includes a drasic price increase.And also last year , it raised from around $ 3k - 5k to $20k and its just around 4 or 5 fold increase in price. And now if it goes from $7k to $50k it will be a 7-fold increase in price, its a very drastic increase compared to last year.
Assuming Bitcoin at the end of this year to be $50K is just to create hype into new investors which is not good specially if the new investors believe such claims, it will only result in negativity in the market. The way I see it the market will just be the the same as last year or even a bit higher that $18k, and in worse case scenario around $12k.
It can't be possible, the price of bitcoin fell in the ending of last year.
Imo it's possible with how the price of Bitcoin can easily rise up to 10% in a day. It did fell but the price is still high enough where it can pop off and hit $50k. This is more of a unlikely scenario than an impossible one after what we saw last year. Currently, I don't have a high expectation for Bitcoin this year because there won't be enough money pouring in until the next halving that's just my speculation.
Interesting topic with some backing to what is being stated about the bitcoin prices. Well, futures was perfect entry point for most of the new investors who also had huge money planned on to pour into the bitcoin. May be that is the reason it worked. Now I am not sure what is the inertia of project like COEB because every firm is not the same with same quality investors. Bitcoin literally broke the trust of crypto investors after pull back of january and in what way it will affect the investment this year end is unpredictable.
that's very difficult in my opinion. because bitcoin just at the beginning of the year at the pump took several years to pump it up. I predict in 2020 when there is halving bitcoin
well i cannot agree nor disagree with you since everytjing is possible and can happen with just a blink of an eye anything can happen. I have heard few rumors about that too but nobody has clear statement if it will happen, but it will also be bad if we have our hopes up.
2018 will have many promises for bitcoin you can see that bitcoin has many values and potential so that we can invest in such a market so that bitcoin will have the opportunity to get higher prices and 50,000 This is the ideal number that bitcoin can reach
that's very difficult in my opinion. because bitcoin just at the beginning of the year at the pump took several years to pump it up. I predict in 2020 when there is halving bitcoin
I never trusted this kind of predictions. I think BTC has to do his own trip, without speculations.
All these are just predictions and everyone want a quick profit so guess what they want. But markets will take their own time to show the results rest all is guessing game. I too think that this time markets may take more time to reach that previous all-time high price around the 20K mark. Some countries are putting restrictions on crypto trading brings more negative news to market and it reduces the demand for the cryptos. I think by this year end if we reach around 10K and stable price around that range would be a great achievement.
In my opinion $20K is impossible to reach in this year because it seems like bitcoin will continuously goes down, what more with 50K dollars? If the market continuously bleed, it will become hard for it to recover since Ber months are near and bear market did not stop till now.
$50k is off the charts for me. Well, we still have a few months to go to see if this prediction becomes true or not. Hopefully BTC could at least get to $20k mark again though.
Everything is just a guess of everyone. but look at the market objectively. with this year's growth. I think we will not be able to see 50k $ / 1bitcoin later this year. This is hard. Hopefully the ETF will be approved soon and the market will enter the long term uptrend. that's what I dream about.
Even some predictions can reach all time high this year we do not know yet if this can meet the price. Well, who would not like to see bitcoin reaches at $50k all users could be happy to have huge profit. So still their is chances and many hopeful to make it happen.
I don't know, 50k$ seems really a lot to me. I'm guessing in a lower amount, like 20-30k, not much more. I'm still waiting the next bullrun as everyone of you, but it's hard to see it :S
I never trusted this kind of predictions. I think BTC has to do his own trip, without speculations.
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