Bitcoin Forum

HERE IS MY EXPLANATION  Take a  look:
https://i.imgur.com/oSsDanc.jpg
This cycle will be repeated. BTC 20K ___> UNDER 9K _____> EXPLODE INCOMNG.

Well i think this is possible to happen because bitcoin price is really unstable it will really have the possibility to make a big change this coming days because it is now really getting more interesting and many investors believe on it.People really get interest on it because of its interesting price  change sane with investors that is why i believe many people will use it as  an gaining asset someday by then it will explode and rise someday.

More than likely. It happened every January in the past.

It is obvious, after each strong fall there is a strong growth and vice versa. Well, the statistics of recent years shows that the biggest drop in the cryptocurrency is in January, and then there is growth. I'm waiting for bitcoin for 50k in spring.
p.s. ZCash spoils the statistics :)

can you speculate how long it takes to be true ? i think if bitcoin hit 9k wait for 4k not explode .

Well I'm sure many people here are hoping that's the case..

Remember when bitcoin was also halved?
From a whooping 900 dollars then back to 450 and stabiized for like a month there.
After that it was all pump until it reached 4 then 5 digits of numbers.
History will repeat itself. ;D

I dont even have one doubt now. It will happen.

I think this speculation was true, The bitcoin always has the tendency to go up because more and more people are getting interested in its potential to grow. Bitcoin has shown us before in the past that how many trial comes in his way, bitcoin always go up no matter what.

No matter what you say?

Good chart my friend. we all hope that it will be like that. 8)

I think China will embrace bitcoin already that will give a huge pump in the next few weeks. let's wait for bull. hold on into your chair because we're going to the moon. 20kusd here we go!

So wait for 4k to buy in and expecting a 300k bitcoin.

I never look at old graphs, news etc to explain current events because in crpyto history does not repeat itself always, it is not hard but impossible to predict.

Well yes Explode, crash and burn or have you not noticed that as fees went up, people caught on and the
price has been on a downwards path ever since.

I mean Ripple fees $0.002 and BTC fees are $30+ and the joke is Ripple is faster and the bankers charge less fees
than we get charged here so who's worse bankers or our miners and we only need 1,000 of them and not
20,000

have a little hope for that and that's why i still holding mine, i know my coin not much but i think it will be worth if holding more, something like this always happen every year since 2014

History repeats itself. It seems we're going to the moon, guys. The forecast is cautiously optimistic, the reversal still needs confirmation. ::)

Bitcoin analyst who predicted last year price of bitcoin
are saying bitcoin will go up to $100k this year.
read more info here:https://twitter.com/bits_ico/status/953336459431424001 (https://twitter.com/bits_ico/status/953336459431424001)

They have started to rise - tentatively. I hope and think that when all the new money who have registered on the exchanges in the last month start to see the whole market rise they will jump in trying to not miss the boat like they have done so often before. We might see a big rise here .

Interesting graph, but you should also add the dates of your analysis. I am sure, there were also a lot of swings in between.

There was a reddit post, just a few days ago with following graph:
https://i.imgur.com/pHG0LI1.png
https://www.reddit.com/r/CryptoCurrency/comments/7qvkoa/what_has_happened_in_the_past_when_btc_dropped/

It is a very similar pattern, indicating future growth. I am not sure, if the small downswing is over yet, but if it recovers, new highs might be in sight.

No, in fact, i think that the same that happened during the last few years will happen now. For me, bitcoin needs to keep going down below $8000 again, this will be healthy for the price.

And once that it touches $8000, make a huge BOOM, and go to the moon ONCE AGAIN.

So i do not understand all those who are panic selling, this can not be compared to a crash, this is very healthy for the whole crypto eco-system.

Just relax yourselves.

many speculators believe that what is happening today is a preparation of upcoming big pump in bitcoin price and maybe a much valuable one. I'd liketo believe this really can happen anytime soon because the history of bitcoin gives a very much chance that anytime a big pump will take place this is why many investors tell people to start investing and keep holding their coins