Bitcoin Forum

When will bitcoin going to completely recover?

Recover on what exactly? You should be aware that Dec 2017 pricing was all hyped up and inflated with organic growth being out of the question. Needless to say, whatever prices you saw during that insane bull run was all artificial and was expected to be short-lived, so I wouldn't consider going back to those same levels as 'recovery.' Perhaps if we're talking about $6500-$7000 pricing, which was long considered to be the fair price for one bitcoin, I guess going back to those levels can be considered as recovery, and anything more than that is purely profit and inflated price.

I think bitcoin is still in the recovery when it collapses last year it becomes a big story and a lot of investors are afraid of losing their money invested in bitcoin as the issue continue investor loss faith and sell their bitcoin making the bitcoin price in the market continue to  go down but in that time more investors have a chance to also invest their money or buy bitcoin because it has low price in the market meaning bitcoin could have its recovery in the coming years in my opinion but it could also take up to 10 years having a low price bitcoin is somehow helpful in sustaining bitcoin a lot of investors will surely be interested technology.

Recover from what? Last time I needed, I could send and receive coins and the fee was lower them any service like PayPal. Bitcoin works as intend. People still wanna exchange Fiat for Bitcoins.

If you are talking about price, this discussion belongs to speculation. But I could assure you that you have saw the bottom and you can buy at any price below 6k.

guessing bitcoin become more popular in your country but after the collapse last year in our country its a big breakdown and for a long time I never heard about bitcoin here. I think after 5 to 10 years bitcoin could sustain a fair amount of price in the market considering the hype in the past year's bitcoin become really popular and also a lot of investors have gone wild investing in bitcoin and with that, I could say that it will slowly increase its price back to a normal and fair price point in the market.

I partially agree. $6500-$7k seems like a fair price for Bitcoin at present, but that can change based on different reasons. If a big country legalizes cryptocurrencies, the fair price would go up all the way upto $10k probably. If the ETF proposal gets approved, the fair price could be $13k.

This is why I don't think that anything more than the price range that you suggested is pure profit only.

yeah in my opinion i guess its already a fair price considering the breakdown of it personally my bitcoin investment already grow a profit and i think this is a good time of recovery and also this is a good time for the investor to invest because it could be the standard when it comes to price in bitcoin i think this is a reasonable price meaning when the era comes it could be even more higher in the coming years.

That's what we like when Bitcoin is really going up. Lots of questions arises, LOL. Perhaps OP is really looking at the last all-time-high and thinking that this should be the price that we need to overcome. We need a steady climb not some artificial pumped we have seen in 2017. Just let Bitcoin grow in it's natural course and stop thinking of a sudden jump. Let the price goes to $6000-$10000 this year and see how it goes.  ;D. If anyone hasn't heard of ETF has been stalled again. I suggest everyone read that you will have a good grasp as to whether SEC will really approved it or not.

1. CBoE - (https://www.sec.gov/rules/sro/cboebzx/2019/34-85475.pdf)
2. NYSE - (https://www.sec.gov/rules/sro/nysearca/2019/34-85461.pdf)

It wont completely recover in this stage immediately.    We have begun the process, whats happened here is we find old prices as resistance and it must be processed by the market actively.   This rarely happens in a day, it can be weeks or months even but its not negative just to go through this process. 

Here is price in recent hours with us hitting autumn 2018 pricing

https://i.imgur.com/tZbmClB.png

I don't really think the market value of Bitcoin will recover to $20k any time soon. My reason is basically based on the current trend in the bitcoin trading market and the entire crypto market as a whole. I think the market price of Bitcoin throughout 2019 will be in a price range of $4k to $6k. I don't see it exceeding the price $6k...

You mean reach and surpass $20k? You are too negative to even think of btc not going to recover. Time will come btc will recover and will set a new ATH. No one exactly knows when but it has been proven that btc will always recover no matter what happen. You know, it's not easy to set a new ATH year by year that's why it really takes time.

Recover?

It's already recovered. Many times.

It recovered after it crashed from a dollar to a dime. It recovered after it crashed from $30 to $2. It recovered after it crashed from $256 to $50. It recovered after it crashed from $1100 to $175. It is recovering nicely after it crashed from $19666 to $3200.

Recovery is an ongoing process.

Recovering takes time and process before it reach that because market can recover only if the market united as one.
Market will recover for sure this year but even that not happe atleast 50% is possible to reach or become $10,000 from the value of the bitcoin become very high.  The recover of the market is all we want.

Every time bitcoin can back to $20k, and then that is the time to recover fully because the price can reach the highest price before ;D

But I am confused about recover because bitcoin now is trying to recover the price, and it will rise higher than the price before. Maybe you can explain more details about your question so we can give another opinion. I guess the recover thing you want is when is the time for bitcoin can reach $20k again. Then that will be too difficult to answer because no one will know and we don't have a crystal ball to ask.

This year everyone believe the 50 percent of growth in crypto market. But it is possible on end of the year so we should buy more Bitcoin in current market surely it will make profit. Majority of the time market growing was happening in second quadrant and fourth quadrant so one more spike will occur on this year.

You reffer when bitcoin will hit again over 20,000$? Then we need some long time in my opinion to hit again that price or a new ATH, if more and more people will come and buy it then the price will recover.

It hasn't happened anything to bitcoin that it needs to recover.
The market is healthy, and the ecosystem continues to grow steadily. All signs are positive for this decentralized ecosystem that bitcoin promotes. If something seems wrong to you maybe you should be more specific.

That's not the usual reaction to Bitcoin rising ~30% in 2 days. :D

The good news is the chart is looking more and more like the early stages of an accumulation phase, like 2015. The bad news is we probably won't know for sure until late 2019 or early 2020. We need to build out the later stages of accumulation and then spring into a bull market.

In 2018, we built out what could have been an accumulation phase (at the $6K level) for 8 months. Then we crashed. That's why waiting for confirmation is so important.

Recover? From what? From disease? From ailments? From sh*t talks?

What's your view on bitcoin now?

Don't tell me it's "price"? From ATH to what it is now? Recovery might not be the right term here.

Anyways a quick answer, you just need to be used on volatility and don't buy easily those speculations you will encounter. I will give more details as you respond here in this thread.

;D ;D ;D
I agree with you .....
there is no recovery of bitcoin ... because we know that bitcoin is final and has been mined in various countries.
if what is meant is a price refund ... which returns the price ...? the price when the bear market occurs in 2017, I think the phrase is wrong ... because the price in my opinion does not have a certain point it can be said to be back / recover

Bitcoin already recovered. It went down from $20k to $3000. From overhyped and totally not worth such valuation, to something people consider cheap, while in reality it's just a fairer valuation for Bitcoin.

People here tend to do the opposite of what should be done. There was no shortage of buyers above the $10k mark while when the price touched $3100 people suddenly didn't want to touch Bitcoin even with a stick.

Everything can happen and we cannot determine the direction of the price of bitcoin correctly. remember that bitcoin often gives surprises and all we have to do is wait. we have to wait until the situation really recovers and the price has reached the target we expect.

   Bitcoin recovery precised by the output of its growth, it seems it started  growing even in a crisis way. Perhaps, the movements of its growth was steadily moving and I think it is a good sign of recovery from long bearishness. And it may be a liable way to keep holding our coins while it is not yet in a big bull run.

Bitcoin always gives the challenge to recover, this is enough to give us an appropriate rating with fiat. Though bitcoin is more valuable than fiat and this has an ever-changing value condition. Bitcoin can recover and be valuable with the many people involved in crypto and continue to make it grow.

Recovery on what?bitcoin started almost with no value so our price now is much higher from those days so you should tell us on what recovery are you referring? Or maybe you are pointing on December of 2017?if does then thats cannot be answered because thats the all time high and many Say's that it was just a bubble that happens once i a million chance .but if we can wait longer thats another thing

When the bitcoin price was soaring everyone, even those who do not have any interest in the blockchain technology started buying because they thought that they found the easy way of making profits. Now that the price is not 20k and it is in a more rational level, we have got rid of those people and the community is more solid with real cryptocurrency supporters.

There is no certain time, when Bitcoin will rise.
Probably you need to pray to God lmao so that he can increase the price.
Okay now some serious talk, like when will bitcoin rise.
So Bitcoin rises or increases when there is a serious demand of it, when the demand is more the supply is less.
So this will led to the rise of the price of the coin.
Then you can say that Bitcoin have been recovered.

Even the experts doesn't have the ability to predict the exact time period for the recovery of bitcoin price to its ath. By the starting of the year the market was much down and further there is gradual growth even when the price isn't on the uptrend. This way now it has touched $5k which can be considered as a positive sign as a sign of recovery.

I can not tell you when btc will completely recover. Because I do not know how much the price is. If you are talking about 20k, probably when there will 20 thousands of demand.

depends on what you think is the real price of bitcoin, if you think the price should be $20,000 then will only recover on the day that the price is more than $20,000. if you think the price should be $10,000, then the price will only recover on the day that exceeds $10,000... The answer to your question varies from person to person


" the experts "

 ;D

You have to make it clear with what you meant by recover dude. Bitcoin's likely in a recovery phase already creeping up the 5k levels. Based on where we came from, it's a good recovery already. If you mean going back to all time high levels though, i think we shouldn't talk about it just yet lol. It'll take longer that we'd want of course.

3rd September when you made account on this forum price of Bitcoin was $4500. It seems Bitcoin already fully recovered for you.  Or you had some other number on your mind?

This is a right answer to your question because every persons have a deifference buy/sell order if you buy bitcoin when dump to $3500 then the price right now is $5000 you made a good profit which mdans the price recover when suddenky exceeds to your buy order.

I think everything will never be able to provide accurate predictions Bitcoin prices will be able to go back up or not so to be safer maybe you can buy bitcoin for the long term because surely the price of bitcoin will become expensive when bitcoin has begun to be difficult to obtain.