Bitcoin Forum

What you thinking in this market can bitcoin back to high price or now is stable price  6000-7000 and in this year no hope that go up and nothing positive news to go gainer?
More specifically, Gordon’s cryptocurrency prediction is that Bitcoin will first drop below $5,000 only to rebound and reach $10,000 by the end of this year. Gordon argues that the main reason for this shifting price trend is the ”significant market volatility” in cryptocurrencies and Bitcoin.

I don't know what people expect by creating these sorts of threads and asking these sorts of questions because the answers are always going to be:

Yes.
No.
Maybe.

Nobody knows where bitcoin is going to go and any speculation on the price is just that: speculation. It's educated guesses based on nothing concrete at the end of the day. Sure, bitcoin might go to 20k by December. It might not also. It might continue to fall and never recover. If the recent fall is due to the ETF pushback then they said they will give an answer by September and if that's the case and it gets the go ahead then yes, we might see a significant rise again shortly after, but I'm not sure it will go to 20k then (and maybe never will or could take a very long time at least).

i don't even think they are going to approve ETF. they will continue to play with us by pushing it back and back as much as they can and then finally reject it (like last year and other times). and since lots of newbies are just sitting there waiting for this particular news, the rise will be postponed for at least 1 month.

Actually mate, there's no certain answers for that speculated ideas but one thing I only knew is that more people predicts a much higher price in order to boost their confidence. The significant rise will occur only if demands and adoption of bitcoin will grow, because the volume in every trades will become larger in numbers. Traders will create more bids and then the effect is contagious, and could attract more buyer who will trade whether short or long term goals.

Who's Gordon?

IDGAF about what a bunch of retards think the price will do, because their opinion means nothing to me and should mean nothing to you.

People need to learn that everyone selling advice is a loser. If all these nut crackers knew even one thing about Bitcoin, they would trade it and not constantly try to make noobs believe this or that will happen. Seriously, being realistic helps you way more than being overly bullish in a market constantly settling lower highs and lower lows. Ignore all these "experts" and "analysts" and do your own research.

Start with comparing 2013's bull run and 2014's decline with 2017 and 2018. You'll realize how similar the cycles are.

Just ride the trend. There is no accurate answer to your question even how well detailed technical analysis is.

If so, then all of us knows what will happened and no question like this will arise.


No way bitcoin price will become stable.


His prediction will remained prediction until it will happened. No different from other predictions and speculations around.

That's super hard question, especially when all the cyrpto market is going down like crazy. Big guys will purchase everything cheap from weak hands, the question is how low we can go and when we will reverse.
ETF decision was just delayed by 2 weeks and nothing bad happened and that was used just to dump the market

Ordinarily, that's how I approach this. Time is the most unpredictable element in trading. No matter how confident you are in trading the long term trend, there is so much room for fuckery, in terms of time.

Just consider the difference between the 2013 bear market (between April and November) and the 2014-2015 bear market!

Having said that, $20K by December has extremely low odds, low enough that I'm tempted to just say, no way. We have way too much resistance to work through to expect ATHs in 4 months. ::)

most likely the bear market will occur in a very long period of time, even in the next few months. I'm not too sure that bitcoin prices will reach $ 20k by the end of the year.

What the market need is a valid push and a reorientation of the way people see any push. When a push happen either through the break of a massive news or a big investor coming in, the reorientation needs to come in not to use that as an opportunity to dump because they are short sighted thereby driving the price downwards waiting for another push again.

On Gordon's prediction, won't happen by magic only if he has so much money to continue pumping into the market in other to ensure his prediction comes to fulfillment other than that, the above paragraph to me is the workable option.

the money is there waiting to come in which is why i think many of these speculators who are talking about high prices like $50k,... by the end of the year, have in mind.
we had the bear market and the profit of last year alone was huge. not to mention all the fresh money that comes in or is waiting for the sideways movement to end to come in afterwards.

so in other words we need the money waiting to come back. and for that we need to see why that money is waiting. i think one of the reasons is the fear that exists because of ETF another reason is the FUD and when these are lifted we may see a jump. maybe not to $20k by Dec. but a decent rally.

All angles are possible for that question, we don't know so I'll remain neutral for now.

A lot of speculations/predictions and it's up to you on whom you think is the best in your ears. And this market is more of speculation.

I think he's talking about Todd Gordon with this prediction.
Bitcoin is crashing but Analysts Predict a Rebound; here is why
 (https://globalcoinreport.com/bitcoin-is-crashing-but-analysts-predict-a-rebound-here-is-why/)

Even though there are predictions such as these, It is still a prediction that might not happen so don't put all your hopes up because it can go ugly in this year, This is the risk involve in Cryptocurrency When you certainly trust your very all on it, So never do it you just need to put small amount on it and all your money in regular money, You just need to treat it as your part time source of income and not the other way around, And it is still OK to have a compatible work schedule or a business that can cover up your loses in Cryptocurrency.

Bitcoin prices are currently very difficult to reach $ 20k because there is a lot of negative news received by bitcoin, where ETFs are still delayed until September.

Since everything is possible, I would say yes but as of the moment it has a very low chance that it will going to happen. I'm not thinking about it right now coz i'm fine with even $10k this year. I'm not in a hurry. I won't be surprised if we won't be back at $20k this year.

How can we say if the current Bitcoin price is cheap or expensive? It's cheaper than the peak, but how can it be decided whether it is still under- or over- valued?

No one can't give you answer on this question. Unless someone has cristal ball. And just becuase that was the peak last December that still doesn't mean it will happen again this year.
Don't be so focused on such distant future, it's better to concentrate on current situation and how to get the best out of it.

I think bitcoin will reach 20000 in December but in my opinion only if ETF get approved until then. Now is the best time to hold and buy/get more bitcoin and waiting.

When you expect the bitcoin to go up 20000$. And everyone here thinks so, bitcoin will never go up. There are a lot of bitcoin prices in 2018. For example, bitcoin prices will go up 10,000$ in August, and in fact we see bitcoin prices in August going down and are at 6400$ And there are signs of going down. No one can predict the future of bitcoin, but I expect the bitcoin price in December to be no lower than 7000$

every person has his or her opinion, but when it comes to price prediction, I advise people not to believe anything they hear and read. this is because it has become very common that many people want to make price forecasts to gain name and fame in the crypto world. it is clear that only a possible approval of ETF can create conditions for the price to increase ... But I doubt that increase is $ 20,000. We can finish the year in the $ 10,000 or even $ 13000 if case any ETF  is approved

That is totally solid prediction. Question is when will bottom so under $5000 happen. Will that be this month, next or latter. If latter. then $10000 at end of year is hard to expect. if this bottom will happen next week then is totally possible.

Yes there is no assurance if cryptocurrency will reach $20k dollars before the year ends but as long as people will invest on cryptocurrency then the demand will keep on increasing and there is a possibility for bitcoins to reach 20k.

Bitcoin is not going to reach a price of 20k by the end of the year, that should be clear for anyone in this market that is not letting his desires to obstruct his vision, now a price of 10k at the end of the year is completely possible, but we will need some positive news for that to happen and we will need to wait for some time before that happens.

20,000 dollars for the month of december is really possible , because we know bitcoin already reached 20k dollars.
My expectation to the bitcoin price reach 20k dollars again in the month of the september upto october.

In fact we can only speculate about the bitcoin price but cannot say anything so much sure, I hope that at the end of 2018 bitcoin price will be trading above 20 k which is in fact the highest price of bitcoin so far.

No hope that it will go up and no positive news? Q4 is coming there's a lot of time to speculate about the price growth next month you don't really know how bitcoin price fluctuates in just a short period of time, positive and negative news is part of bitcoins daily lives and we must cope at the same time alert and be updated with it to make decisions and to position ourselves.

True that bitcoins can be at a price of $20,000 by December because everything looks possible in the cryptocurrency world. The rate which bitcoins move to 20,000 on a bull run in last year proves anything is possible.

We all want bitcoin to jit that markes again. Hut i don't think it will happen this year. Bitcoin and any other cryptos has a hard time recovering. And they drop significantly. But i am still hoping that maybe next year it will grow again.

I still believe on this one, we may experiencing negative trend right now but at the end of the year, bitcoin will give Christmas bonus to us and for sure its value is really high. We will lose nothing on holding bitcoin because its good for long term so believe and hold more.

I think it will back to form soon because Bitcoin is a good reputed cryptocurrency. But many rumours are totally against in Bitcoin so many traders are stay away in crypto investment so it was directly affect to the value. May be September or November we will see the bull run and end of the year we can expect more than 20000 USD. So I always believe the potential of this coin.

If something big is going to happen then we will know it but since most of the news are FUD and it's not helping either to rise the price of Bitcoin. It can't even move from its place where it should have breaking now the resistance of $10k but it's just not going to happen yet. Anyway, the year is not yet ending since we do have four months left to hold our crypto.

In my opinion, everything can happen, what we think is impossible is normal, August 2017, the price of bitcoin is only $ 3500, but in December it could reach $ 19200, and in August the price of bitcoin is around $ 6500, and the opportunity for $ 20,000 is certainly a very easy.

too sharp a jump from the current price to the expected in my opinion if the increase goes, it will be in the region of 10-15k

If to look at year 2016, then it was 500 dollars in August, and almost reached 1k by the end of the year.
This year scenario can repeat the past year scenarios.

In 2017 the bitcoin price from 1500$ went up to 19800$ within 2 months. And I think that this year 2018 may also happen, the current price is 7100$ and the goal 20,000$ at the end of the year is entirely feasible.

the possibility of reaching a price of 20k at the end of the year a bit open because currently the price of bitcoin has begun to increase. I hope this is the end of the bear market.

yes you are right, I often see their answers like that.
Sometimes I also hate words they predict, but predictions don't find facts. I just found out that bitcoin users are predictable, and I consider bitcoin users to be fortune tellers.

The chances of that happening are very low and you should know that, bitcoin is barely touching 7000 dollars at the moment and the chances that it maintains that price for a long time are very low, so stop thinking about such huge prices, if you keep doing that you will be doing all kind of mistakes and if there is a market where you do not want to make mistakes is the market of cryptocurrencies.

Since there is no good answer for this question and there is only individuals opinions,I would say yes Bitcoin definitely can go back to 20.000 in December, because last year Bitcoin hit $20k from $10k in may be a week or two, and we still have about 4 month for that. So there is a chance but I'm not sure if it's big.

That is not possible, I know that you want to believe it's possible but it's not, there were very powerful reasons of why the price of bitcoin went up so rapidly at the end of the previous year and none of those conditions are in place so we can see that again, so all of those dreaming to see those prices again are going to be very disappointed with the results they will get.

We don't have any assurance if bitcoin will hit the 20k price again by December because as we can in the market now it's hard to say if we achieved that kind of price by December. Maybe 10k or 15k price is enough but like I said no one knows what will be the price of bitcoin in december.

Bitcoin can be back to 20 thousand dollars and even cross 20 thousand dollars at the time of next bull run we can expect previous all-time high prices once the market sentiment gets strong then we can see new price hike

it is unlikely that this year and even next year I doubt that he will reach such a threshold

Everybody is hoping for that ,so unlikely to happen.

Well there's nothing wrong if we believe and hoping that bitcoin will reach a $20k price before december will finish. If will now happen it's alright because there so many days will come and bitcoin will back on track again.

Although the price of Bitcoin is slowly rising, I don't think it will rebound to $20,000. No more money flows into Bitcoin. How can it achieve such a rise?

My expectation to the bitcoin price reach 25k dollars in the month of the
september 2019.

Even if the price only goes sideways at the moment, a lot of money is flowing into
Bitcoin. The miners have to sell at least a certain percentage of their block rewards
in order to pay for hardware, electricity, taxes and other expenses. Therefore they
create a constant downward pressure on the price.

This implies that even if the price goes sideways a lot of new money has to flow
into Bitcoin just to absorb the sells made by the miners.

If we assume that the miners sell 60 % of their block rewards, we are looking at
1080 BTC that are going to be sold every single day. This is the equivalent of
nearly 7M $ at the current price.

It's just a speculation can bring us to $20k by year end as in reality it's difficult to make it happen. The market seems not good enough to make a rally and I'm happy to see the price of bitcoin at $12k by year end if we can have a good news that will swing the market back to life.

That is probably not going to happen either the chances of seeing that are higher than all of those people that think that the price is going to recover before the end of this year, just remember to have a plan just in case the price does not reach those levels at the time you predict, many people only have one plan and when that fails they do not know what to do, do not be one of those persons.

Every one expect a big price on December,but I don't see that will happened, the history chart can't become a reliable source, one of the reason I pessimistic is even though there are numerous of positive news, the bitcoin price still unable to go up, it seems like the market is controlled by whales, when that happens I don't see there is chances the price going to go up quickly

We have makes some money by taking advantage of the cryptocurrencies boom in 2017 and I pray we get to that level.  $20,000 need to be reach again and we have to  see that by the end of the year of first quarter of the next year.  Investing now that the market is down should be the best investment to make now.

  I know bitcoin will reach at $20k but I think not in this year. It take long time before to reach at that peak and maybe in the first month of 2019, bitcoin prices will start to grow and grow more further even to reach $50k for the year 2019. And I think many of us assume this high peak.

Actually $25k at the September next year may be a bit realistic or even in 2020, but nothing should be expected that much when it comes to this year because whether we like it or not, we still have a lot of resistances above us and certainly, the market still looks like it has more room to go down lower. it is, I am sure as time goes on we will definitely get to see how far the market moves even if it decides to switch to the way up. Recovery will take a while which I expect there would be a consolidation period before even seeing any recovery at all.

Those who are expecting a big price in December are those who really have no understanding of how the market can work and then all they care about is moon and stars. We will be very lucky if we manage to go past $17k at the end of this year and that would have been a very great achievement for the year but as it is, nothing is guaranteed and looking at the way things are, the market sure looks like it could have more room to go lower.

For me everything is  possible because of its volatility in a single minute it will pump or might go back to the lower price ever that the worse things to happen to it, but ever since if we look at the history bitcoin never missed as what is predicted.

Despite a lot of uncertainty on the market, Bitcoin shows us that he is still the most demanding and powerful cryptome. The market dominance of bitcoin is high. Bitcoin may rise above $ 20000, but it may not. Predictions are so much how many people are interested in this bussines. Until December of this year, i do not think the prize will cost $ 20000. On the other hand, it is a question of not raising bitcoins to $ 20000, but when. It will happen, but i guess it will happen later.

Less chance to happen so. Current growth trend is not supporting the growth as like last year. But there is a possibility for $12K this December 2018. $20k is not possible seeing the current growth trend. 2018 has been in favor of buyers then sellers. 2017 was an year of crypto and lets see what would happen in 2019. Hope 2019 should mirror 70% of 2017's growth minimum.

In that case mate, that's too harsh to expect that bad and I think these people who were saying positive against crypto for December really did something responsive. Through motivation build up, it doesn't mean they didn't have no understanding, but the most certain matters for them was their progressive thinking after that declination will rise back as part of the recovery period. So let's just ride on with the best that we can do in order to set back for good and take those pending profits as we hold our assets.

Since it is prediction,we can make three options.Maybe ,Yes and No.
To be frank the price of bitcoin and cryptocurrency became a unpredictable one . It's like anything happens in the price .A sudden fall and raise in bitcoin price. Now many people get into bitcoin as compared to pass 8-9 years. Which may cause anything to happen in a day.

Yeah, it been for so long time the unpredicatable market still erradicate so well and we should be patient at all times. Never be discourage. Hopefully this December or earlier this year we will witness how brilliant bitcoin will stand against those fud and fake news behind.

Since September is already over, it is unlikely that in the remaining three months bitcoin will be able to so sharply rise in price after a year of stagnation. I would say that this is not real anymore. In addition, at the end of this year, investors, in my opinion, will be afraid of a repetition of the situation a year ago, when bitcoin after the December growth began to fall sharply in price. Therefore, it would be good if bitcoin would rise to 12 000 - 15 000 dollars.