Bitcoin Forum

looks like a bunch of squiggles with no correlation to me.

i don't think there's any point comparing the start of this year to the start of the previous 3 years. they didn't have the aftermath of a giant bubble to contend with. i don't want to compare the start of 2014 because that would be too damn depressing.

base on  the patterns im pretty bullish on bitcoin, its just that it takes a little time for consolidation after thebig  crash, but sooner 3 or 4 months fron now it will go up base on my fundamental analysis. :)

I can't see the pattern, can you elaborate? What's being repeated? A recovery after the "dump" earlier in the year?

Talking out of the chart, yes indeed a recovery back to $11K+ will surely happen this year. I found it quite saddening that the price was barely affected by the Lightning Network news and the current state of the blockchain. I know the media ads banning is everywhere but that's actually beneficial for Bitcoin and shouldn't be holding the price this way. The recovery is due now in my opinion.

Will it repeat in 2018? If you are asking this based on the picture you just share then I must say that there is no point in comparing the trends within the last 3 years and asking that it will repeat. If somebody knows that it will happen again with 100% accuracy then that person will become rich in the future.

No one knows if it will repeat its previous charts. I only just one thing, bitcoin will never lose its value as long as there is a community behind it.

I will not answer your 2nd question since I didn't say yes to your first question :)

I Agree! There is no correlative analysis or what so ever how OP shared this photos, Well we can simply say that it may repeat what happen on that following year but we can not be so sure about it because it could take a different turn this time, And it might turn bearish for now but it will sure recover for sure it can take a slow pace increase but it will never become a bull run.

Its hard to predict of bitcoin will have the same trend just like 2015, 2016 and 2017 that has a bullish movement. The only thing we can expect for bitcoin today is that it can recover from its huge fall. Possibly this coming december bitcoin will be back at 20k$. But even 20k$ is very hard to attain this year as if there is something holding bitcoin back.

indeed the chart above can not be a benchmark for us to act to buy / sell BTC that we have,
my goal is to make this topic so we can all discuss what happened with BTC prices now, and input from all of you can be a conclusion for me,  :) :) :)

I think now if it can repeat buying is now because I know that bitcoin is can recover anytime any where.

That's what he's trying to show. That every year the lowest price was in the early months January/February, followed by a slow recovery and remained without hude spikes in any direction throughout the Summer. Chart analysis won't do much because all traders will tell you that analysis only shows you the move that has higher chances of happening. There's never 100% up or 100% down. It can be 40-60, 30-70. I give it about 80% that it will go up this year and maybe 20 that it will retest the low of 6000 again.

Nobody knows where will Bitcoin will go up again. Let's just be prepared if anything could happen that will make us shock ourselves.

I appreciate what you doing mate I think you're statistics sounds because you  want your audience to do some  analysis to the graph you've presented. Yeah everything has a seasonal patterns that  is why there is  what  we called data analysis what you  do is something to do with forecasting trying to analyze some  significant from previous years. I think your approach is quite  deeper.

These pictures may be a coincidence, the price of BTC is impossible to predict!

If this happens again this year, maybe the BTC is being manipulated!

I will continue to hold BTC to wait for the digital encryption money market to rise!

I mean, that is everything which is TA explained in one sentence. Just a bunch of lines and squiggles on a screen which make things look nice, nothing actually correlates to antyhing. The market moves, some people win and some people lose --> that's how it works.

I don't think of anything after seeing this chart.

Not a matter of manipulation,
but every movement of the chart that can indeed be analyzed,
but the analysis is not entirely a benchmark,
sorry before my friends not I intend to patronize but let's together learn to analyze what happens in the future about BTC price through the data chart that I share,

That could be right. Comparing those previous graph on Bitcoin price will only cause expectations which could mislead those who want to start investing in it. It is better to leave it that way like we have not seen it and wait for the price to go up. Let us just hope for the best and expect for the worse.

every year, near summer we usually start seeing a surge of investors in the market. some people even say kids are out of schools so they are investing their money in cryptocurrencies :D

but that doesn't mean the same thing will happen every year. i mean there are a lot of other certain things going on in the market that decide that. for example last year we had a lot of good news in this same period of time starting with Japan's mass adoption and then SegWit's growth and then SegWit's activation,....

Based on these three years, the price of bitcoin cannot be predicted for future.  Probably in the upcoming months we can see its recovery startup and within the end of this year, we may have its full recovery.

in Bitcoin, a year-ago chart cannot be made as a benchmark if the forex or commodity chart years ago could be made as a reference but this is different in Bitcoin, this is my own thinking so do not be made as a reference  ;D

Well after seeing the chart i noticed that in first quarter of the year bitcoin price falls then it will stay there in few months and then the price will begin it's surge in the middle of september i already notice this after play with charts of coinmarketcap but if you see bitcoin today despite of pressure coming from google, twitter and facebook due to advert ban on cryptocurrencies, it is hard to say that it may happen again or not.

The chart suggests that the bitcoin trend is cyclic and repetitive over time so we are now in a phase of decline that precludes year-end growth. So it would be better to buy.

When i see this chart. i get my hopes up, because when i look into it, i found out that bitcoin's value rise in the end of the year.That means that i should by as much as i can so that i can win a lot of money later. I hope the other people can see it too so that they selling their bitcoin an start saving it.

Looks great!! why not! If its repete it  4 times why its cant do it 5th time!!
charts makes me lokk in to it very positive and april willl be great month for us!! hope so!!!

In the world of graphics trading can quickly change and much influenced by international news, and I'm still sure bitcoin will go back up again in 2018.

The first Q1 drop and then slowly increase. I hope in mid of 2018 the price will be 20 K again. It is good news that some countries legalize cryptocurrency and forum or economic discuss about bitcoin and blockchain. More govts will legalize cryptocurrency because they can't actually ban this ecosystem. China also fail to ban cryptocurrency. Ban crypto means ban internet.

Hopefully Bitcoin price goes back up to $ 20k. Because I was made up with my portfolio that fell by 70%. Because of the price of Altcoin I have, following the rise and fall of Bitcoin prices. The chart shows that there is still hope in 2018, for the world of crypto.

there are so many other factors than just patterns in describing the price and if we analyze 2017 had been a great time for price increase which needed a correction and it happen so now on in my opinion btc will follow a stable root and no repeats will happen such as in 2015...

If you look at your chart, if history repeats, the first 4-5 months will be quiet for investors. Just buy and store. Wait for a later time to sell and make a profit. If that continues in 2018, then investors will be richer and richer. And new players also have income. But as far as I know the market rules are there, but not every year is the same. I will lose money when I fully trust this chart! Overall, be careful in everything.

I am more and more convinced that bitcoin will rise as late as 2017. we can still see confidence in bitcoin, but what about altcoin? many of the tokens whose exchange rates are also very low. can it rise as well? along with will be blocked ICO ads on some social media.

Probably that will repeat again and it will be even bigger this time. This is why experts says that bitcoin might reach a new all time high. Bigger than last year. And that is what we are all waiting again.

Those who trust in bitcoin will benefit from that.

Pola grafik bitcoin itu didasari ada pertumbuhan inflasis suatu negara.Bahkan negara juga tidak bisa mengatur ataupun mengontrol perkembangan grafik bitcoin tersebut.Hanya orang-orang tertentu atau pelaksana yang bisa mengendalikan laju dari grafik tersebut.Kita sebagai pengguna hanya bisa menjual dan membeli jika nilainya melebihi.

I believe there is no point in comparing the trends within the last 3 years and asking that it will repeat. If somebody knows that it will happen again with 100% accuracy then that person will become rich in the future.

Indeed, there are a lot of factors that influence fluctuation of bitcoin price, but the most important thing is bitcoin adoption such as happened in Japan last year. Even until today, Japan stay ahead in cryptocurrency market as the yen dominate over 54 percent of global trade volume.
Meanwhile, bitcoin price seems to sink again which mean the cycle in the early of the year is not repeated. Probably, bitcoin will start to gain momentum in April after a conference held in Dubai as it aims to be the first blockchain-focused country.

I also hope like that friend, hopefully will be repeated in this year although in Q1 this year a lot of unexpected things happen bitcoin news,
one of which is the emergence of oblique news about BTC, hoping this is all a good start for BTC to go ahead and grow,

Hopefully the chart of 2018 will repeat like previous years. But in my opinion, it will usually be higher than at the end of the year. regardless of whether it is bitcoin or gold. Almost every year people will prefer bitcoin

Everything can happen and nothing is impossible. Bitcoin always gives a miracle and we all know that it all happens a lot. I always hope that positive things happen to the development of Bitcoin, we are in a position to decrease the price of Bitcoin and now there is no more signs to increase. However, once again that the price of Bitcoin is a very difficult thing to predict, everything can happen and all such a marvel is so amazing.

Well,you are bit unclear with comparing the charts it will be better if you showed us more clear and zoomed the price movement at the time pattern.But anyway the price chart look same as the early years that is price will be in downtrend for first half of the year then it will starts to bump.