Bitcoin Forum

Bitcoin is notorious in the public consciousness and within investing circles for being a particularly volatile currency. However, as wildly variant peaks and troughs have been reported since its inception at the beginning of the decade, it has managed to withstand a lot. Currently, Bitcoin is showing signs of recovering after some tough weeks and months, and it may be worth preparing for another Bitcoin boom in the very near future.

What is Bitcoin worth right now?

Bitcoin seems to be doing relatively well at the beginning of this month. It seems to be going up to at least $10,000 right now. When it hits $20,000 that’s when things are likely to take off and Bitcoin will dominate the news cycle all over again. When this happens, many more people will be interested in investing their time and money in Bitcoin.

How well is Bitcoin doing compared to other cryptocurrencies?

Bitcoin’s share of the market currently stands at 42%, which is a very strong number. Indeed, the cryptocurrency has managed to retain dominance despite competitors offering more functions and innovation, proving that people have confidence in the Bitcoin name. Currently, Bitcoin is experiencing its highest market share since December, demonstrating the early signs that people are reacting to its regaining strength.

How can we prove that Bitcoin is improving?

Like all forecasts, any predictions made are merely speculative. However, there are signs to give potential Bitcoin investors lots of hope. Firstly, its exponential moving average, or EMA, is stronger than it has been for two months. Secondly, it is showing a supertrend (a fairly reliable signal) that suggests people should be buying in to Bitcoin. Again, this has not happened for around two months.

Overall, things are looking up for Bitcoin, and it may be worth your while keeping an eye on it before lucrative investment opportunities are missed.

Copy-pasted from: https://cryptodaily.co.uk/2018/03/bitcoin-will-explode-sooner-than-you-think/ | https://www.youtube.com/watch?v=cSh4RjKJs8Q
User added to my list of plagiarists: https://bitcointalk.org/index.php?topic=3153680

will remove unless you have proof that it's your article

If it hits 20k I would expect a massive sell of from those who bought at 20k in December and are waiting to recoup if they haven't already taken a loss

The collective wisdom of those who used Bitcoin from the the very start shall prevail. Bitcoin will breach 20K.

Bitcoin will take some time before it will explode in value. It is just starting to recover from its huge fall and it is starting to be stable (stable means normal ups and downs without sudden volatility) and thus we can expect that by next week or next month we can hit again the value of 10k$. After hitting that value bitcoin will have some ups and downs but steadily it will go up until it will reach the value of 20k$ by the end of the year.

I don't think that bitcoin would bubble soon, it would remain stable over the next few months. It would peak again in the last quarter of 2018.

This will provoke a fall in prices, but we have seen many times that after such kickbacks bitcoin easily captures new heights. Whales will raise prices to 30-35K dollars. Then they will sell their bitcoins and reduce the price to 15-20K dollars. They can always do it. But I am sure that the price of bitcoin will grow. Falling periods help to remove coins from the most impatient users.

Earlier bitcoin's market share was 40 percent and now an increase of 2 percent is a good sign.Also,now when it's price once again starts marching towards ATH,large number of new investors would once again enter the market.But their contribution would be zero and they would just fly when encountering a small dip.A price of 20,000 dollars could be expected and 35,000 dollar price is very hard to achieve since this time,there might not be such launches like bitcoin futures as earlier.

I do not think that bitcoin will explode in the near future because it is still being mined and will soon be delivered to the latter then.

It seem very likely the price will explode sooner than later.Coin market cap already shows a significant bullish trend in the last couple of days.and a lot of positive news coming in

Since there are better news that are coming out right now, maybe there will be a change now that Bitcoin is really going to explode to a highest level. Let's just hope that it will happen soon by now.

I think the bitcoin can not collapse at least for the moment because it is the exchange currency of all the other cryptocurrencies. A collapse of the bitcoin would mean the collapse of the entire crypto system

Yeah sure it will explode... with huge price pump. This year we will see another bitcoin ATH, just watch it!

Nice article but looking question and answer on the single thread. If you need to find the right time to invest on bitcoin. This is that, you can go with any exchanges where USD or other fiat has been accepted and buy as much you can.
Bitcoin's ramp walk already started. You can find the better marketplace growth in some days. So your investment might goes double or even more than that. You do not need to be panic and can go with investing on it.

That would be the probability but in my point of view, those who invest at 15-$20k are minimal compared to the ones who invest earlier at $100-$1k which is possible to dump their coins at any time of the day.

Yeah, better watch out for thousands of shrapnel satoshis flying around when it does.
One of those hitting you and you might get an instant "confirmation".

How sooner? I guess by the end of 2018. Just like it happened last year. But may be this time the explode would be much bigger. I am eagerly waiting for it.

Isn't it actually even forbidden to plagarize other people's articles? Especially if you are not reporting the source.... I guess some people are getting rightfully red trusted for that...

I don't think that it would be a wise decision to sell bitcoins just at the rate which they bought.Infact they would be holding to gain profits and not to just retain their invested amount.

Bitcoin is already in the process of recovery. And it will get it pace very soon I think. Yeah there is no certainty in assumption or speculations. But it is rising for sure.

Things have changed since the Wall Street investors entered the scene. There is a definite influence that is keeping the price around the $10 000 price level. I have no proof that they are responsible for this, but lower volatility and price fixing makes sense, when you dealing with Bitcoin Futures.

There are currently rules within these Bitcoin futures that favor lower volatility, so I am making the assumption based on my own logic that they are manipulating the price to get a higher yield from these Bitcoin futures.  

I might be wrong, but I have that itchy feeling that it is being done.

Currently, bitcoin is on the green mode where it is now starting to stabilize and moving up to almost $9KUSD. The expected pump of bitcoin is still not evident yet to happen but with respect to possibility, there is a great chance that it will happen probably few more months from now. The good thing I see in the fluctuation of price is that it will immediately recover after the two to three day dips comparing to the last dip where it had been straight in a week at red.

I dont know how u can sure about this u cannot know what will be bitcoin you can not see after 1 second and you talking about bitcoin will explode

I personally don't think so friend.
Bitcoin is not a bubble. you may saw the bitcoin price has falling lately.
But that is not because bitcoin a bubble, but i think it is because the regulations and fud issue.

I dont think that bitcoin will explode in the next time like it explode last year. I think the price will still rise, but very slowly, and always with some dumps between. Last year was crazy, i dont think that it will happen so fast again. And of course they are a lot of people who buyed at a very high price, and they just waiting to get their money to make no loose. It will be very interesting what will happen when bitcin hits 20thousand again.

Wow, this what l really wish for. I 'll wait for that time because I'm one of those people who's very lucky to be a part of bitcoin millionaires. I'm really thankful to God who gave me knowledge to meet all he has prepared for me a wealthy life.

Related bubble, it depends on each point of view. For me, when a drastic price decline after a tremendous rise in late 2017 is one bitcoin explosion. After exploding, it does not mean bitcoin to be worthless, only a significant price decline.

To see another rally in the near future is impossible because the talk of regulating bitcoin and other digital currencies are going on around the world and the market is solely moving on the news and until we see some sort of positive news regarding the government interventions you cannot expect huge investments being poured into this market but we will see gradual growth as usual and it might explode again in a couple of years.

OP should add a link to the source of the article or he will probably get a negative trust.

When Bitcoin hits 18k again, it will become unstoppable, right now it struggles to reach 10k. But the are good news and we will see Bitcoin rising again.
The question is when will that happen!