Bitcoin Forum

All the BTC investors just had a difficult year in 2018.

A lot of people had chosen to give up, while more people continued believing in BTC.

As for the price,what matters will influence the price in 2019?

BTC Forks? Lightning network? Miners? Whales? Investors? 

Ideas are welcomed and experts are embraced.

More discussions and details could be checked by the following link as well
https://www.reddit.com/r/jex/comments/ac37qn/what_can_you_expect_from_bitcoin_in_2019/

To be honest, I don't have much confidence in the bitcoin price in 2019, because bitcoin has fallen by more than 80% in 2018, so if bitcoin rises in 2019, then if it can't reach more than $10,000, I don’t have any excitement, because if it’s not a very big increase, I’m still losing money.

Be patient, there will be a time to see bitcoin increase more than $10,000, and I am sure it will happen in the future. I still confidence to invest in bitcoin and I believe in bitcoin because I already felt the benefits of bitcoin for my life. I am sure there is more investor will come to bitcoin and cryptocurrency because they see a whole new way to solve their problem in financial. We all losing money but I am sure most of us still survive and still trying to be patient while they want to see bitcoin price at the highest price. But it's your choice to stay with bitcoin or not, and I hope you will not regret it someday.

seeing the development of Bitcoin prices throughout 2018 many people gave up ... but there are also many people who still believe in cryptocurrency ... it takes a lot of patience to survive in crypto because of the fluctuating prices ... hopefully in 2019 bitcoin prices will improve

You should not be so pessimistic. We are the powers that can influence the price and if we think bad, the price will not increase by itself. There may be any news that can fly the price every second and I think we are all here because we expect it.

I understand of what you feel but isn't the way you still thinking of negative. Not all the time we've been on the downfalls, may this year 2019 will showcase a lot of pumps and not possible that it would bounce back into $10k or more.
We aren't supposedly to think that it will instantly grow as it only depend on the market demand which help it out from falling. It actually Bitcoin now isn't dropping but it shows already some pumps and it would be some indications that 2019 is another great year for crypto.

I'm in the middle of it, continue to hold if nothing happens then buy that's it. I'm pretty more visionary with 2020 rather than this year so whatever influences the prices for this year, manipulations, fuds, etc. it will happen and we can't do something about that but to cut loss/buy depending on your action.

Good luck finding any "experts" on this subject. :P

My opinion is that, assuming Bitcoin's fundamentals remain strong, the primary factor is time. It's a matter of time until the long term bull market resumes.

The 2015-2017 era was an "accumulation and markup" period. The 2018-??? era is a "distribution and markdown" period. It's not so much about fundamental factors because the bubble and correction periods are dictated by speculation, not fundamentals. It's about the time it takes for speculators to have sold and exited the market. Eventually in any bear market, sellers become exhausted; everyone who plans to sell has already done so. That's what we're looking for, and it's not a matter of price or fundamentals. It's a matter of time.

It's not as simple as you make it seem, fundamentals are very important. Dec 2017 and peak numbers of trxs was a huge test of bitcoin scaling and it failed miserably. Trxs took days unless you paid like $25+ per trx, and even they they took hours. This is the main reason the price blew up imo, because this clearly showed the bitcoin network is not ready for prime time.
Wtf try again unless things have fundamentally changed regarding scaling? I honestly can't imagine another runnup without better fundamentals.

Maybe it represented failure to you, but the market saw it differently. There was actually a strong correlation between transaction fees and price on the run to $20K. Your position is based on the idea that users are unwilling to pay high fees for onchain transactions. I think we've seen strong evidence to the contrary. People are willing to pay high fees.

You're also only thinking about Bitcoin's use as a medium of exchange. That can partially be solved by the Lightning Network, which at this rate will be fairly robust by the time the next bubble comes around. Bitcoin also garners demand from speculative and store-of-value investors who don't necessarily mind paying high fees to buy and hold.

For the people who are holding since 2015 and from the bitcoin prices lesser than $300, last year was not a difficult one in some sense. I agree that could be more disappointments in 2018 as most of the speculations were referring something completely different. But, it is the a and we cannot expect always only one thing to happen.

Out of the factors given by you which will be influencing the bitcoin markets in coming months, I am believing in to "new investors". Yes, how much of bitcoin market is going to convince the new investors and institutional funds will be the key for what is going to happen in 2019. Institutional investors will get easily convinced when they are watching market is about to start.

But, the real kick starter will be new investors as they only will trigger the institutional investors. But convincing new investors to get into bitcoin adoption is a very big challenge. Agree or not, they are the real deciding factor on how this year will be.

It's a combination of lots of factors. So we can't really pinpoint what influence the price, although a significant portion is based on positive news because the market is based on speculation. So if let's say LN has been rolled out or maybe a Bakkit approval then definitely the price will go spike for the next coming months. Although I believed that investors are now smarter and have matured and no more irrational buyers (like 2017), it will be a long road for us to see and touch all-time-high again.

We’ve seen bitcoin on its worst price and when it is on its peak. The factor is a combination of many things or most likely with a big good news and hyped from within the community that attracts the new investors to be part of.

For those who believe and patiently waiting are most likely have more to gain.

Remember those years that bitcoin value is nothing and compare it now. Only the paranoid one or those promoting other crypto coin will make some issues to create panic.

Bitcoin prime isn’t done yet. More to come in many more years.

And adding up to that where people didn't even realize or trying to look back where bitcoin is firstly traded with $0.003 price as far as I remember and

even just comparing upto this recent days on how much it is, they are still complaining or worrying too much.We have seen the ups and downs but

people do easily panic when seeing price slumps.

Honestly I think stable prices do make it a bit boring right now. We have been waiting for the increase for so long that even when price goes up a bit people get excited about it. If we see $5k this month I am sure there will be topics here that say price is going to $100k and so forth.

Mark my words, if price moves about 50% quickly (today, tomorrow, next month doesn't matter when) people will start talking about 30-50 thousand dollars right away. The only reason for that is people have waited a long time for a next bull, it has been all downhill since the $20k mark, we didn't jumped up a bit while going down, it was pure down. Hence, I think the thing that influences the prices most will be the hype behind the bull, as soon as we start to go up people will get too excited and that will make the price go even higher and turn it into a cycle.

it was a year of losses


the price fell from $ 20,000 to $ 4,000, it was expected that some people would give up


experts ;D

these experts are always wrong in their forecasts, the price will increase when there is a lot of demand, so far I am not seeing what can cause a lot of demand and cause the price to increase a lot

You can expect the price to go up. And also down. As to what influences thew prices: the demand of people buying coins -- or not. Anyone who tells you bitcoin will be x or y value is just speculating based on hope or fud.

2018 might be a difficult year to some but take note that others got some advantages on that.

-Others able to take advantage of the price swings resulting on a profit out of a bearish market.
-Others low price target have been reached resulting on another accumulation of btc.
-Others understand how volatile crypto is. Because of it, they are now enlightened that crypto is not an overnight quick rich scheme.
-Those people who just enter crypto because of hype are now gone. Good thing it was filtered.

The bullish will start once a certain "trend" changes the phase of what's the status. It might be an event or such price rise movement that will trigger the fuel for more increase. Who knows?

No one knows what will happened to the future. Just continue the usual accumulation of bitcoin on our stash.

To my opinion 2019 will not be some miracle year. I expect for price to recover but that might take longer that some expect. For a while the price will not change much and to achieve values of 6k or 7k again might be the process that could take even six months or so.
Currently there is not much demand on the market and that is the reason why market is standing still and the price is not rising. Anyway, I think that expectations for this year shouldn't be too big otherwise we all might get disappointed.

It's boring because people don't know how to utilize a market that doesn't move up much or down. In the end it's still relative, because even when the crypto market is boringly stable for people here, legacy traders would feast on it and still do.

People here look at the Gold market and consider it uber boring and don't see any way to make profits, but they blatantly discard that the Gold market, just like other legacy markets, thrives on leverage. Think Bitmex is crazy with 100x leverage? Legacy markets are even more of a gambling tool with 300-400x leverage. One tiny miscalculation and you are broke.

I like these sudden shifts. It's hilarious, especially if so called crypto influencers on youtube add fuel to the fire. When Ethereum was tanking a few weeks ago everyone was shitting on it and now it's amazing and will take over the world, and that just because the price went up. :D

It's their voluntary decision, we can't really do anything if they don't possess the courage to hodl, this is a long term investment as well as every time anyone entered, they may have seen an '*' with a 'High-risk investment' mark attached to it, so nothing was kept hidden.



I believe none that you mentioned, but the hype that's going on over Bakkt and the ETFs. If any of them come into existence for real, people will surely fall for the pump that will be seen in the hope of earning a lot through it (and others by doing longs over leverage-based exchanges). Remember, hope is the only thing that fills up speculation to a level where everyone thinks from their heart, and not mind. But I see that BTC will come back and play steady between either 3k-4k or 5.5k-6k range.



It's stupid enough to think that there's anybody and expert in this uncertain field of crypto, as most of the predictions by even experts went wrong and 2018 was a lesson that was taught to them showing their present capabilities. Even if someone predicted almost every single BTC run, at least 3 of them have had proven to go against them, this is where they lost their hold on crypto as we're giving everything in the hands of regulations, ourselves. ;)

We should expect less, and be more realistic. We know the price should be start to go up now but still there’s a chance for the price to look for more deeper price, so learn how to set target price. Previously, the price moves through the whales and I hope this year there’s a real demand for bitcoin and not just a hype news that wants to move the market up or down.

Expecting big or small will not be a criteria here and also you cannot be realistic in a new world where everything is fluctuating drastically and you need to react in a blink of eye before it will be late if you go for catching each and every swing of the markets. But, looking for where will be the market is going to surprise and accepting that by simply watching will be the things we can do right now other than going for buying at dips.

The price is always moving based on supply and demand and you cannot eliminate the manipulation by whales, they are just part of this environment and we must need to feel the pain of their presence all the times. Overall I mean to say, nothing is going to change suddenly but gradually we are going to have a recovery phase in 2019.

Hopefully there will be more stability in Bitcoin,I hope that the market won't be full of manipulators,I predict Bitcoin growing won't be too good this year, but still full of hopes that there will be a surprise in Bitcoin adoption and price, more and more countries now more open about Bitcoin which is a good sign and hopefully that could be the trigger of Bitcoin awakening

BTC Forks? Lightning network? Miners? Whales? Investors?
I did not find news about what you said. but if that happens in the next few months, of course bitcoin prices will grow again high and I hope that in the second month the actual growth will appear

In crypto platform Bitcoin is the promising coin and it will be good growth cryptocurrency. But current situation it is not a stable coin so most of the investors are stay away in crypto investment. Most of the time Bitcoin was trying to move forward but it is not successful in all the time so we should buy and hold for till the end of 2019 it will growing well in crypto market.

If bitcoin to be moved with real demand then i am afraid the movement will be very slow. Bitcoin is not being used widely as a payment method and the price increase and pump we have seen till now is mainly due to whales who move the price to their benefit and do not care for the people loss.
I think whales will not let go bitcoin as there is still a lot left in bitcoin and whales will keep on manipulating it to their benefit.

In my opinion, it will all boil down to how well users and investors trust bitcoin. Let us admit it, the lifeline of a coin will always depend on the trading of that particular coin. If, however that coin launched at high rate (forks) it will still go down the drain if users were not able to utilize the coin. In bitcoin's case, many are still putting their belief on bitcoin because of its name. If people will get to trade like what had happened late 2017, I guess the prices will go high again just like before.
I hope rhat this 2019, prices will turn around for the better. $6000 will be a win win situation for everybody

Well I think we should expect less, but how do we -- of more exactly you -- know the price should go up by now? That's just wishful thinking. The value will only go up if there's a deluge of demand again and new money starts pouring in. At the moment there isn't because people are very weary. There's going to be a lot of people who want to cash out as soon as they can get their money back as well which will cause further resistance if the price ever does rise significantly. It could be a long time before we get a big rally again if it ever happens. We may never get that again. Most casual investors will have been scared off and any potential new ones will be the same as the media is constantly flooded with negativity and it just has a knock on effect.

We are loosing only in the case if we invested in bitcoin at the moment then the price was higher than today. Unfortunately the beggest part of new investors came exactly around bitcoin's top and invested in it on the level between 10 and 15 thousands of dollars. That time there were a lot of fud talks that such fall is just temporary and bitcoin will come back on 20k$. Exactly such investors who are in deep minus today are running from the broad with words 'at least i cash out that much, before bitcoin didn't fall deeper'.

i definitely agree there's lots of resistance above. it'll probably take a year or two to work through it before attacking $20k again.

there's no guarantee another bubble will happen, but remember this: the things you're pointing out applied in 2011 and 2014 too. things looked just as dire and sentiment was just as negative (perhaps even more so).

if the 2017 bubble taught me anything, it was to never underestimate the bitcoin market!

Bitcoin still fall. Until the price has reached its bottom. However, in any situation you can make good money. I trade on the BitSeven platform, make short-term trades, and I don't care if the market will fall or grow. In any case, BitSeven helps me earn by offering leverage

Let this happen as last year was terrible year for BTC holders as continuous manipulation disastered the price of bitcoin and I believe this year there will not be any dangerous trend.

As of today, Bitcoin rose to $4000 which breaking the resistance of $3000. Could it be the start of the bull market or is it just a bull trap that would suddenly turn everything upside down and break a new bottom? Last year was a tough year which brings vain to almost traders and investors, we were now hoping that the market would give them the sign already and burst everything on it.

most of the crypto traders are bullish on present market  scenario  the market is recovering and responding to most of the positive events are happening if one or two Etf got approvals then we can expect Btc to cross 10thousand dollars

if the traders were actually bullish then we would have also seen bullish movements. so you are wrong. majority of traders are confused or are accumulating. that is why price is slowly rising instead of big rises.
additionally ETFs are not needed for bitcoin to rise as they were not needed for the rise in the past 10 years. besides the chances of a US ETF is nearly zero at this point while other ETFs in other countries have been running for a while now.

We are taking into consideration that BTC will flew high if all of us never have that intend to sell them in cheap price. The market is still rallying good but not really as good that don't even saw huge pumps since from the start of this year.
I know BTC  will go higher but it takes time to make it and I will never expect for another $20k price cause it seems too far from happening.

Crypto will never be organic. It pumps and dumps irrationally. In 2017, barely anyone in this sub was shorting and those who did would get absolutely shitted on by the group. It’s interesting how times have changed. I think there will come a time that shorting will become obsolete again. Unless the same bots are running the markets since 2014, I don’t see why we need to drop one more time to $3600 or lower.

Edit: Bitcoin will keep going up until everyone in this group is long and bullish. Right now, our daily is dead. Once it is filled with ignorant, bullish one liners, we will know it’s pullback time.

Merchants.
A big one.
Maybe an online shop that would focus on selling his products in bitcoin way.
There could be COD but still payment using bitcoin by using smartphones.

I have so many ideas for that to happen but doesnt have the capital to do it.
Maybe I should go ICO. ;D

I doubt that price run last December 2017 will never happen again. Judging the market condition that we went through after the ATH, it really seems that the market is struggling to recover.
I guess 2020 will be the ideal year to hit another ATH, maybe after the halving. Hopefully.

This is what many people should expect of bitcoin for now, its BULL RUN will not happen until next year 2020, the market was badly damaged the last time which is barely 2 years, and we are still trying to recover from it, thank GOD the event that happened first of this month pushed us a little bit step further, and this type of signals are what we need to keep pushing the price further.

So if people are really lover and believer of Bitcoin, they should keep holding the coin, otherwise, if we are dumping the coin at this price, then it will crash again and will keep struggling with it value. We also need to assist the bull by giving BTC time to breathe.

Well last year is not a good year for all of us but I think this year 2019 will be made to us good luck. Specially that the price of bitcoin is slowly increasing is good sign of bull run but of course we need to observe the market to avoid loses.

I think the biggest influences is the price movements itself, people do really get excited or pessimistic about the price movements.

Unless there is this big whale that does a big huge move then the small movements react to each other. If bitcoin hits to 6000+ then we can see it as a big bull movement but if it reaches all the way to 6400+ it became like breaking the major resistance, even if we fail this time I am sure next time around we can go even higher. For example if it was $5800 it wouldn't make any change for us in mindset because we know $5800 is not really anything special but 5900+ makes it so much different all of a sudden (as it is another resistance levels below $6k).

Knowing those little differences makes all the change in the market.

I completely agree. That's why price trends so strongly in whichever direction it chooses. Because of Bitcoin's highly speculative nature, price feedback loops are more amplified than in other markets that have more inelastic demand. So when it's rising, it's a "new paradigm" and when it's falling it's "dead." When it comes to short and mid-term price movements, it's all about investor sentiment and hype in Bitcoin and less about real fundamentals.

It looks like we are leaving the bear season now and started to track for another bull run.  Though it is still in slow moving market but it have a continuous rising event which it is good enough to make it reach again into another breaking records.  We eventually don't be needing fast recovery,  only we need to have a sustainable market system as it did today.

I think in 2019 we are going to go way more as well, it hasn't stopped going up since we broke that 4200 level and if you ask me I think its still trying to break higher, the resistance is keeping us slower this time and there is a lot of bitcoin being sold on each barrier but since we are breaking each of them there is no way we can stop anywhere soon if we keep this going.

We still have a lot of ammo that we bought around 3-4 thousand dollar levels and until they run out I think we can go beyond 6 thousand dollar easily which will make it easier for us to actually go back to what we were before November 15th at least. After that I have no idea what will happen, its a blank statement but I think nobody really knows as well because it will be decided when we are there and not before.

2019 will not be that year during which some revolutionary changes will take place, it will not be like 2017 or 2018. It will be a fairly quiet year during which we all need to plan well all our strategic tasks. Now we need to choose the right direction because then it will be very difficult to change.

On the contrary to some of your submission above we all know so many people felt about the decline in the market of Bitcoin and other altcoins but that same year was an opportunity for some investors to buy at a lower price and they all in profit now.

Why is it difficult to change? There are enough investors who wait for the confirmation they need to actually enter the market, and that confirmation may not even come this year.

Investors use the trend in their advantage and are mostly satisfied enough with 50-100% returns. People here look down on these gains, but that's more related to greed and being overly bullish on this space in general.

Most people here were too heavily invested and biased to acknowledge the bearish trend that was confirmed last year. They kept betting against it hoping for a bull run and ended paying the price for it.

We are already seeing a major surge in the price of bitcoin, though I don't think it would be so massive this year, because this year is what I call the year of recovery, what we have been experiencing for the past one year in the crypto space was a market correction due to the massive growth we saw in the price of crypto in 2017 but we are now going to see a recovery in price which might drive the coin of bitcoin to about $10,000 before the end of the year 2019.

As per many people speculators here, FOMO would be playing vital role into bitcoin markets this year too. But, when there will be enough infrastructures being developed, I guess FOMO will not lead to bubble.

To me what is going to influence bitcoin in 2019 is going to be the whales as we are currently seeing in the cryptocurrency market and institutionalized investors who are preparing to join us in cryptocurrencies investments.  I think mining is going to affect bitcoin in 2020 when the coins to mine a day is going to reduce by half.  I strongly recommend that if you are new you should not jump into the cryptocurrencies market now but for some of us that can takes risk and are used to risk I think now is the best time to invest and wait till 2020 or 2021 before selling as I do believe that the next 2 years to come is going to be seriously bullish.

Indeed 2018 was a hard year, but i think now is reversal and the price for bitcoin will grow and over 10000$ price is possible. The price drop last year in my opinion because most of people sell and sell because they not see a grow.

Increasing up to $10,000 is very possible but it is not assured that we will be there even for this year. The market can't be told its sentiment and its even hard to predict nowadays because of its behavior. But no matter what happens, if you truly are a believer of this market you will never be moved with anything negative to come within the market.

The closest halving that will come is with Litecoin, I can't be sure with this but this might affect the price of bitcoin. And after that, bitcoin's very own halving will come on 2020. The most awaited event for bitcoin.

2019 this will be the year during which we all will be able to largely compensate for our losses that we suffered during 2018, but this opportunity will not be available to everyone, but only to those who are not afraid and bought bitcoin. Those who will wait for a cheaper price will never get it.

What can people expect from BTC in 2019? :

all of us are expecting the unexpected because there is no possible way to predict on what will happen next on bitcoin  . though i believe that there are people who expect that the price of bitcoin will increase because they are only basing on the price charts but they didnt consider the fact that bitcoin can still fluctuate anytime of the day .

What influences prices?

there are many factors that influences the price  . one is manipulation  , manipulation can came from large institutions or from whales   . second is the news  , positive or negative both can inflict the price of btc  . third would be specultations or predictions  , these things do also contribute a little for the price  . and many more  ....

the instability around bitfinex and sister company tether, with their legal and banking problems, are definitely front and center. this time, it's not just FUD about tethers not being fully backed. we're talking about bank account seizures, USA court orders, insolvency, ongoing investigations.....right now, the bitfinex price is ~6% higher than the rest of the market which shows the apprehension of bitfinex customers.

the funny thing about this kind of FUD is that other exchanges react to price moves on bitfinex. so when bitfinex customers run for the exits (buying crypto and withdrawing) it can actually drive the whole market up even though this is all perceived as "bad news" for the market.

This time the issue is big and it has some reason in manipulating the market. By now things could have moved forward with good momentum if the ongoing issue between Bitfinex and tether haven't got existed. As in an above quote people expect the unexpected to happen, as it has got the potential to reach high. But the problems that arise in between affects the growth. Hope things get sought soon.

Talking of what factors can influence bitcoin price, I think the expectation of ETF approval or news about it can lead to spikes and directional change in price. This is because panic sell and buy in will begin at the hearing of such.

You can see the reason why they sold bitcoin, how many countries/companies who decide to ban it and also the other reason that makes some people feels they must sold it. Each users has a reason to sold, but it depends on their knowledge to the future of bitcoin. I hope so, I miss bitcoin up drastically again but I should know it is not easy.

The opportunity to recover some of the money we lost during the 2018 market is only available to those that are here, there are many that tried everything they could to recover their money but they did it when the market was in a terrible shape, so they lost even more money and at the end they called it quits, this show us why taking your time and to wait until the market conditions improve is important since we cannot command the market to grow as we please but once it begins to grow the only thing we need to do is to follow it and we will recover our losses.

I think the biggest influence will be the big players if we play our cards right. Remember just a few years ago when bitcoin was the "money laundering, hitman hiring, darnket money" and now we are talking about how SEC needs to decide on the ETF and the big banks and payment processors building their own blockchain ?

Well, that improvement helped bitcoin get to main stage and if we can actually move from "will SEC allow the etf" to "all banks allow people to buy bitcoin from their account directly" and so forth and we can move to a place where bitcoin is something quite common with those big companies than we will make the big next leap as well. It just depends on how bitcoin reacts to them accepting it as much as them actually accepting, we need to play nice for a while.

Those multiple yet small bull runs we have together are much more together now than it used to be that is the biggest difference. Back in the day we were all buying on different times and we were all trying to keep up with the prices and all that. Today when prices goes down a bit we wait it out and as soon as it stops we start to work on increasing the price and as soon as it gets a bit high we all buy to trigger another big run, so basically what we have managed from all 2018 and early 2019 is to work together to increase the price.

We had ammo but we used it one by one against all of sellers, now we are using it all together and it helps us a lot more. I don't know what we could potentially do from now on but that will continue to influence the prices for a long time.