Bitcoin Forum

Just wanted to drop this here!

Investors and HODLERS in the world, don't look for further lows!!
We are at the bottom of a 4 year cycle, new cycle starting
Load your longterm positions!
And/or buy on dips

after 24 min it gets interesting, we are in a 16 years asset cycle, a secular bull market
possible target 150K-200K

https://www.youtube.com/watch?v=PZvOhJYW_Hw&feature=youtu.be&fbclid=IwAR38V4HaU8oke1WK6X1u-End-MXo5FlDh1-V_BpOuCoF3OR2LNGttZxwBH8

most people have proven already that they don't want to listen to these things and they prefer following the FUD instead. most of them don't even pay attention to the mistakes they recently made by not buying in $3k range because soem FUD was telling them the price is going lower!!! now they are repeating the same thing.
this is actually one of the reasons why we see so many FOMOs and price spikes each time it breaks a resistance!

The 150k can still be years away, I would not jump in now with all my founds right now. The best advice would be to buy a small fraction of bitcoins each month or every 2-4 months. And then keep hodling. Getting one bitcoins first must be the goal for every bitcoin holders before they move into the altcoins market.

I don't see any strength in the present price right now It's like it can go down any minute because, in my opinion, we are not ready yet for another bull run it will surely repeat itself but that cycle you are talking about I really think there is a slight difference between the past and the right now uptrend, And if there are people that want to enter bitcoin now I think they need to enter as soon as possible because I really think that this can be a floor for bitcoin that is already set for us once the price take full recovery and start a bull run, But I really think that the bull run is not this year either.

Well, can I say here that I'm thoroughly disappointed by the supposed bears ready and waiting to kick back the bull in the teeth if/when it came this year? I was well and truly prepped for happy days accumulating below 3k but then a simple surge buy at it's taking forever for them to chip away at 5k.

Of course, anything can still happen, so it's a sort of bittersweet event for me every time this happens. Bitter I couldn't earn more or hold on to more at the low. Sweet to sell what I know I got at a good price, and still able to look forward to more.

I love these win-wins.

Whoever is still for another bottom will have wait for a decade and I will advice such people to buy and hold now before the market value of Bitcoin move to another level of $6000 before end of this month if all things remain equal.

It seems that that would be the scenario for the next few days at least but who knows. Even if we're already out of the bear market there still will be corrections for every good run that we make. People must realize that these are temporary dips to balance the market so they won't panic. They'd likely drag th whole market down if we get weak hands selling again.

lmfao its a bit too early to be celebrating this much.  We still have to do a 4x just to reach the previous all time high and people are already calling for a 100k price.

We haven't even left earth's atmosphere yet. ;D

Well I don't think hodlers and investors will be expecting anymore low since we have began to see a moon in the price of Bitcoin already, this moon is already building faith lost in the crypto space and a lot of investors who have given up on the market are already coming back strong with the hope that we are going to see a moon again, I think we are going to get the lambo we have been looking for years in 2020.

We went from $1,000 to nearly $20,000 in 18 months. What makes you think we can’t teach $150,000 in a similar timeframe?

Institutional investors are more aware of the price swings that bitcoin can do after the last bull run now.

The big money will flow in this time.

The road to 100k will be much more difficult, its a lot easier to move the price when the total market cap is in the tens of billions.  This is still a very small amount of money.  Once the total marketcap starts nearing the trillions it will take a lot more investors to push the price up.

Sometimes we cant really get the word 'Sarcasm'. hehe

Seeing price increases can really give out excitement but its too early to say about reaching those 150-200k price.Reading up these kind of speculations do turns me off right away.

there is nothing hard about $100k apart from you thinking it is hard in your head! the same exact words you said here have been said millions of times throughout last 10 years by hundreds of different users. if you look at topics created in 2009 for example people were saying $10 is impossible, in 2010 they were saying $100 is impossible, .... in 2017 they were saying $20000 is impossible....

as far as market cap goes, when a number means nothing it  doesn't matter how big or small it is in the end market cap is meaningless.

We all want it to be continuous and to increase nonstop. Honestly, I can not see a good indicator indicating that. Yes, the price has increased, but this does not guarantee the next increase.

Actually, it does. When the current rewards of 12.5 btc/block are halved to 6 btc/block, you can be damn sure of one thing - the price will go way higher because as before, the demand will be met with far fewer coins for sale. That said, I have no idea how high the next pump will be - I just know I don't want to be holding when it crashes back down, even though prices will still be higher than today on next crash bottom.

I want all time highs to come back again but this time, there are some thoughts that stops me thinking that it is reachable for a very short time. I understand that its a pattern and there's some process to take before going there.

I don't doubt the potential on high bitcoin will reach, the market has been so very unpredictable yet amazing when it surprises us with its comeback. Halving will actually make the price higher and it's possible that it can go higher than $20k because of its exponential growth.

As long as there are fluctuations there is no better time to buy and the price is low.
Any time $ 5000 is an expensive price if you want to buy in January and the price is very cheap in January last year.

The best time to buy was in 2009 where there were thousands of dollars distributed for free and the price was less than $ 1.

Maybe we will not live to see that price.

i'm disappointed by these bulls in here capping the next bubble at $200k. where's their imagination?!

anyway re the current market, don't speak too soon. people are feeling exuberant right now but that sentiment can flip in a day after a classic bitcoin dump. even if we're launching into a bull market already (unlikely) there's gonna be some deep pullbacks along the way. i wouldn't get too used to > $5k yet. if we get another leg up, i'll be selling into it.

I've ardently believed that we will see sub-$3000 prices back when the fall from November was fresh. Fast forward, 5 months after, we have seen ourselves a $2000 increase from where we're standing for the longest of time yet I'm still not convinced that this is the start of the much-awaited bull run. Perhaps people are still busy accumulating and the recent increase was to just shun those who are waiting for the price to go lower and execute their buys, and boy some people really are affected with that sudden increase. I know for a fact that we're yet to see a massive bull run, but it'll certainly happen, and realistically speaking, not on a scale that some of us here wanted to, perhaps $30-$50k is a more plausible target.

Whoever is still waiting another low in the price of Bitcoin other than the past low of around $3000 will wait in vain because it will take a longer time for Bitcoin value to come that low of $3000 again.

I would still be willing to do some short term swing trading if the fear of missing out within the market becomes obvious in a particular rally. But the bottom is set in my opinion, I don't expect prices to regress back to $3-4k in the medium run unless a big country decides to release some new regulation that disadvantages the crypto industry on a massive scale.

Apart from that occasional short term trade though, my personal strategy is still to hold since I'm confident in the bull market emerging during the next cycle (which arguably has already started), and that prices will at least return to close to the previous high due to the improved fundamentals from the last bull market.

Even though there may already been a few rallies that has taken place, I would still recommend dollar cost averaging as a method of accumulating if you are a long term investor, especially in short term dips. I don't think that the size of these current rallies are really going to be notable when you zoom out to the long run, and right now, the long term trend is going to be bullish at least until past the halving in my opinion, even if short term there may be adjustments and dips here and there.