Bitcoin Forum

 ;D hey everyone I think it's time for everyone to be Happy and investing since the price is actually climbing over the roof now .

Well there are few quotes that I came along on the internet made by some major websites , lemme state that out for you :-

*This was quoted by cointelegraph *

"As Cointelegraph reported on Friday, hash rate hit a new all-time high at over 65,000,000 TH/s. In other words, Bitcoin is more secure than ever and would require an unfathomable amount of computing power to affect the network."

"In fact, the number of Google searches for “bitcoin” is only around 10% of what they were in 2017. In other words, retail investor FOMO has not even started yet, which may suggest that BTC price could go much higher than last time"

"The latest rally to five figures is also happening way before the Bitcoin block reward halving set for May 2020. This is when mining block rewards will be cut from 12.5 to 6.25 BTC, thus reducing the bitcoins minted by miners who are naturally market sellers."

Just saving you guys from reading the whole para '

So according to these arguments , Bitcoins should be able to just strike beyond 20k$
But what do you think ?
Will the price stop here or just climb up ???
Is it okay for us to have an unnatural price prediction??
What are your thoughts on it ?

thats the thing why most people lose money in the end , they think one trend will last forever that something that goes up will keep going up, they need to learn that everything that goes up must come down, its how its always been both in life and in trading :)

no, there is no "must come down" here. not just bitcoin but price of anything, there is no obligation to come down just because it went up!

price goes up until it reaches a "balance" but will continue rising as long as it is below that balance which is the balance between supply and demand and so far for bitcoin the demand is continually rising.
the only time the rise has to be followed by a "come down" is when it is above that balance or market needs a correction.

Personally, I myself can't predict Bitcoin and it often doesn't touch my though. But I got some news by searching many analysis from seeing many technical analysis. I just want to say, I always want to see BTC rising peek as the end of the last year and always have faith on this that BTC will pump more to touch it again and also hoping for a big pump by crossing the previous record break. Now I just want to see the stable of it, otherwise I have to pay for this as a short trader.

We can't tell for now, the market is so unpredictable and we can't base our decisions on mere speculations because even if the price is rising there could still be a possibility that it will go down we just don't know when. We just have to be smarter with our decisions to lessen our losses.

This is generic question, and there is generic answer as well, that is "no one could say where the price would stop". Its depend on investors, who know perhaps current price is high or it will touch all time high. Market is positive enough and look like investors coming back again. So basically we are on bull run and I am little bit sure that this isn't bull trap. Is price grow continue like this then I believe we will see another ATH at the end of this year or before end if this year.

In December 2017, when the price of Bitcoin was rising, it seemed that there was no rein on it. It seems that the price would drop to 10000. 3000 passed out of all the predictions. There is no idea why price stumble like that. Again, waiting for December 2018 Coming of the equivalent of disappointment. Prices for Facebook have increased gradually. Do not stop anywhere before 30000. Prudication is not realistic, finally let's see where Bitcoin stopped.

really i know where it will go but i dont fucking will say it to where its going , you here for the money only like other shitty faces around here comapre to satoshi team and vitalik and other giants which came to make change ...

its nice to see the price drop heavily and wipe the shitty face like you and traders out of this game hhhhhhhhhh

i have prove that i was know about the  the last spike with others great people its not luck or prediction here is a link
https://twitter.com/bitcoinbyte1/status/1143535401090650115 (https://twitter.com/bitcoinbyte1/status/1143535401090650115)

its not me, some very good friend

look on date and time and compare

and i know where the price will go but hell dick heads like you its great to wipe them out of the game and other shity people/traders like you....
to fall the price hard in some point then we back....:)

the ones that came to change and help and bring bright future will find way out and they know to who listen

its directed to op dick head not for you  8) ;D 8) :P

really i know where it will go but i dont fucking will say it to where its going , you here for the money only like other shitty faces around here comapre to satoshi team and vitalik and other giants which came to make change ...

its nice to see the price drop heavily and wipe the shitty face like you and traders out of this game hhhhhhhhhh

i have prove that i was know about the  the last spike with others great people its not luck or prediction here is a link
https://twitter.com/bitcoinbyte1/status/1143535401090650115 (https://twitter.com/bitcoinbyte1/status/1143535401090650115)

its not me, some very good friend

look on date and time and compare

and i know where the price will go but hell dick heads like you its great to wipe them out of the game and other shity people/traders like you....
to fall the price hard in some point then we back....:)

the ones that came to change and help and bring bright future will find way out and they know to who listen

...
**

I can't stop smiling, anytime I keep monitoring my holdings. For now we are predicting that Bitcoin wants to rise up to $20,000. As for me, I want to keep holding and not sell yet...I am still hoping and waiting for that time before I sell.

Why do you want bitcoin market price stop? Most of the users here are praying for it to have a bull run so that they can earn huge profit in it when they think that ATH had been reached. This probably another history records that will going to happen after experiencing bad happenings on 2018 where most of the users speculated bull run but it did not happen.

I am really happy to see bitcoin rising again. This happened in 2017 and I believe it will not stop at $20k as in the case of 2017. The price will bypass $20k but will decline again arouny $25k. If you are expecting it to decline now the you will make a mistake. If you want to invest, invest now.

Why bother to know what will happen after reaching $20,000.

Mind other things instead and focus on continuous accumulation instead so that whatever happens, still you will feel the benefits of having lots on your preciosu stash.

Reading baseless and unnatural price predictions will just lead you into more confusions.

If you want some price speculations, head here: Speculation (https://bitcointalk.org/index.php?board=57.0)

Why people are thinking what price bitcoin will stop, come on, think positive on where it could go, this is bull run and it's too early so I don't think it will stop soon. Maybe try to figure out now if you can still ride at this train and sell later for short term profit, as for me, I'm not so bothered with what is happening now as I believe there's a valid reason why bitcoin is pumping this high.

I am happy to see bitcoin price can reach my selling price ;D

Finally, we are reaching more than $13,500, although the price is down for now. I am sure the price will increase again, and the next target will be at $14k-$15k, and I hope that it will break before this month end. We don't know where will the price stop because this time, I think bitcoin price can increase so high, and I feel that the price can break higher than $20k or even more than $30k. But it will back to the market respond that can make bitcoin price to increase higher.

before investing the person must know if he wants to buy to hold and if he will hold how long it will hold, what profit he hopes to get by the time he will hold and what losses he expects to have in case the price falls. and he need to think about it and have a strategy


the price has reached $13900, if it is going to rise more than this, only time will tell us, but we can not believe in absurd predictions. It is not because the price has risen to $ 13900 which means that the price will rise to $ 30,000. We should not believe in things like this:

Bitcoin Price Could See $20K in Two Weeks - $100K This Year, Predicts Market Analyst (https://cointelegraph.com/news/bitcoin-price-could-see-20k-in-two-weeks-100k-this-year-predicts-market-analyst)

  The current market phase has progressing firmly and bitcoin's value precisely shown accomodating price that tend to satisfied people's choice. And I think it able to grow up bountifully and touch $20k this 2019 with our positive mindset.

Predicting the market is not the actual and most time some of the prediction is far from the actual. I think we cannot really know were  bitcoin will stop this time around and because it is not possible for us to know that except when we get there. Bitcoin is actually growing and in my own opinion it will cross $20,000 before December this year and at that point, it may make another big correction back towards $14,000 as it happens in 2017. The market has been performing very bad at the end of December for the past three years now and it might happen again this year that by December the current bullish trend might stop.

At least with last ATH, people will know when to join or when to take profit from this condition. Because even make highest target for bitcoin price is actually good to do but know when to stop is better.

An ordinary person will not be able to predict market movements, you are absolutely right. But people who read the literature, study the markets for years, such people will be able to predict the movement of the market. They see the one that others consider commonplace and do not pay attention to it.

Its very difficult to predict the top. I assumed back in March 2019 that $4200 would be the top since it had weekly resistance. Then I assumed $6000 would be the top because it was the strong support level from 2018. Then I assumed $10K would be the top because its an important psychological number. And it still keeps going up.

Today we almost hit $14K before the massive sell-off, was it the top? No way to know for sure. I think BTC went up almost $2000 in less than 24 hours so a pullback is to be expected.

We will only know in hindsight where the top of this bull run ends.

we have examples that show us that these experienced analysts fail much in their predictions



you will see that all these price forecasts will be wrong, but these guys are professionals


fell to $11800, it was a big dump

people get caught up in trends too much specially when they want to predict the price. till yesterday they were all hyped up to the point where they were calling for breaking the record ($20k) before the month ends and today everyone just wet their pants as soon as a tiny correction began to happen as we can now see on the charts that clearly show the correction followed by their panic :D


10-15% drop. big? meh!

**

Strongly agree with you that this is a very general question and raises the same answer as before.

The topic is decorated with a category that deviates slightly from the title then on the cover is filled to be similar to the title of the post.
Interesting! But the answer to the contents of the closing post has been generally answered.

it is very difficult to make speculations where the price of bitcoin will stop moving, or stop developing, because bitcoin is a medium of exchange that has great instability. even for now, the price of bitcoin is being adjusted for prices between $ 10000-11,000

Well, I guess nobody has cristal ball to predict this. Yesterday we had slight correction but it seems price is moving forward again. There were some predictions that price might cross 15000$ soon but honestly I don't think this will happen this or next month. Despite corrections that will happen along the way I also don't think that price will go below 9500$.

Maybe the OP wants an indication of the next huge resistance of the price. Apparently he doesn't mean that it has a high that will stop for ever.
In my opinion, there will be a lot of resistances from 13k and above. There are a lot of people who plan to exit the market and I have a feeling that this would be between 13k and 19k (the previous all time high). It would be interesting to see how the market will react to that.

It seems reasonable prices are around 30-50 thousand dollars, now we have reached 20 thousand dollars before and we have started this at around 4 thousand dollars which means if it does another x10 that reaches 40 thousand dollars, it can do a bit less or a bit more in the end that puts it between 30-50 thousand dollar levels.

However, that is just my assumption and I fear that I may not be right, in the end this is a volatile market that people react and with just one bad news tomorrow we can start to go down or with one big deal from a huge nation making a crypto storage like foreign fiat currencies it may go up as well. So this is just my expectation in case nothing major happens, that is why you should always be prepared for anything major that could happen and read the news.

the "next" stop is going to be $20,000 because we can only predict the next stop not the final price stop that can only be guessed to be around $1 million maybe more. but the "next" stop is easily to predict and that is the previous ATH which has proven to become the next resistance every time we go to a bubble, then correct with a big bear market and recover back to it.
then after it breaks which can take a couple of months or at least a dozen tries, we can see price stop at $40k first and then move towards the $100k which is most probably the next bubble.

According to my argument, bitcoin will increase again, even though now it has decreased slightly.
 And about prediction, it's natural for us to make predictions because everyone has their own arguments and opinions about bictoi prices and in essence everyone hopes that bitcoin will experience a very drastic increase

I hope the speculation of Craig W. will be on the spotlight, hope so. As we will be getting rich if that happens. As of now I am taking a deep tracking of the current price, it seems that there's no stopping this right now, as you can see even if the price drop, it only drops a little and then again climb again more than it has dropped.

I wouldn't call a 25% pullback a slight correction. People have been talking about a looming correction for weeks now, and here it finally is. If people think we're going back to $4000-$5000 they are delusional.

Now that we're so far away from sub $5000 levels people regret not having bought, and that while before the April pump to $5000 people were largely bearish with predictions that Bitcoin would make lower lows....

I can't rule that out with how the most important moving averages hover slightly above the $7000 mark. While I do think the chances of testing these moving averages right now isn't likely, we should be prepared for when it does happen.

Those presumptions cant really be avoided due to unpredictability of such market.People do tend to be bearish and for those who have balls to risk up to buy that low level price
will be mostly be rewarded and just take a look on what happened on the current state. Regretting and whining can really be seen anywhere for those people who
have presumed wrongly about the price.

I don't necessarily agree with the first part of this bolded statement, but I don't think that the second part is grossly inaccurate.

The fact is that right now, we're still a year from the halving, which would have normally been the starting point of a bull market. But instead, I think that institutional investors as well as longer term holders have already driven prices up because they realize the magnitude of this bull market, and they're seeking to capitalize early on.

I think that breaching the ATH will be inevitable, seeing the fundamental improvements that BTC has undergone, as well as the influx of institutional interest in building services (albeit trading ones) around BTC. I wouldn't jump to an accurate figure, though, because that would depend on the level of FOMO shown by retail investors.

It aint bad.
That is why it is called just a prediction.
We as humans will just naturally do that even if our brain is telling us not to.  ;D

$20k. Hmm. Up until now I cannot believe that it might go that high and they stay at that price for a long time. Yes I want to see it but then again it could be a manipulation.
It is not from bitcoin searches and not the FOMOs. So where it is from? Traders? Whales? Manipulators?.

I think the upper movement seems to be more likely right now. Look at the price right now, it had a correction and only dropped thus far which means the support lines are coming right behind us when we are going up, normally if the support lines were weak and they weren't done properly then we could have dropped a lot more yet we didn't which shows clearly that people are still bullish about bitcoin.

If the bear idea or even a slight panic selling happened we could have dropped more but people are not willing to sell their coins for too cheap since they want to make profit. Of course, there will be people who bought bitcoin for high prices during 2018 bear run and they want to get out as quickly as possible but even with that in mind I think this is just a temporary selling to make profits which will eventually stop when they run out.

even now we don't know how long the price will continue to rise, yesterday the price touched $14k before the correction occurred,
and now the price is back up and will continue to rise. we don't know how much new ATH for this year. it's still unpredictable

for now, it looks like the price of bitcoin has stopped at this time. well, the rapid increase that happened a few days ago was stable at $ 11k. this is what often happens when prices rise quickly. but, sooner or later, the price of bitcoin will rise again, and we don't know when that increase will stop.

As the price progresses because of the bull run I can say that every person that holds up their bitcoin will surely get big value, and people with other Cryptocurrency may get profit from it as well, But will the price just stop in the $20,000 USD or it will continue to go up, In the previous All time high that we got in this bull run and in my own opinion base on my experience with the recent movement, I guess we can have a new All time high this time, I have seen bitcoin's value is still increasing, and ATH as well is increasing as well, But we can not pinpoint the total ATH the price may land in the meantime, Because we still didn't reach the $20,000 USD.

Well after all that have said and done yet future of the market price will still rely on the investors so even how hard we think and say the thing is we need to wait until the value recorded it’s place

But for me we had already stopped yesterday and we only licked the $14,000 value before subsiding down again and stay atleast in $10,000 range.

We can not control the market like no one else can do(though some says it’s the whale who can lol)

Unnatural predictions are fun, can increase awareness, but they are (obviously) completely unreliable.
I see more and more voices telling that 35k is an easy-to-reach number. Although it makes me feel/dream nice, the reality is that after the big pump Bitcoin is just having now a correction and we just don't know what'll happen next.

That is something you only know after it wend down. ; )  It is never sure what Bitcoin will do next. Even now it swings up and down on the hourly chart.

I think right now it already stopped, it depends on what you mean by stop but as you can see right now price is not moving in any direction at all. That is literally "stopping" and we have stopped.

Would it go up from now on or down from now on shouldn't mind because right now we are at a stage where whatever you think you can actually have the time to do it since the price is not moving like crazy, if you think it will go down then you can sell right now, if you think it will go up then you can buy, if you bought cheaper you can sell some to take profit, if you bought higher you can buy more to drop the averages down.

Basically right now it is as stopped as you might actually wish, but people won't buy here that much, or sell that much, you know why? Because they still are afraid of every possible movement but then wish they got in after the fact instead of during it.

I agree. Bleeding somewhat stop at this point, 2 days of seeing the market going into red is not a thing to behold. But it seems that it didn't go below $10k and the support is very strong.

I've seen some reddit post that there will be more bloodshed and the price could go as low as $8600 but I disagree. We have a lot of support above $10k, so I'm expecting a rebound in the next couple of days as this is a good opportunity to buy again.

10 months away for block halving, still a perfect time to accumulate.

I think this panic and break of $10K was mostly due to the huge 20K BTC claim that happened on Bitfinex. For those unaware on June 30th, all of a sudden the amount of shorts went down from 30K to 10K which means that someone covered 20K shorts. At the time it was worth about $11000, so about $220,000,000 or so. It had no effect on price because the trader just "claimed" his position and didn't need to buy it on the market.

Its hard to tell exactly when he shorted but he most likely did it because he wanted to sell 20K worth of BTC and if he sold it by sending the entire 20K to Bitfinex then the alarms would go off and people might panic, so he just slowly sold by short hedging and in the process didn't affect price too much.

Now his position is closed and he is already in profit.

The weekly candle is certainly ominous. It's a candlestick called a shooting star (https://www.investopedia.com/terms/s/shootingstar.asp). When they appear after strong rallies, they often precede a significant bearish reversal:


The next weekly close (on Sunday) will confirm or invalidate the pattern. In order to remain bullish, buyers should close the week above the $10,800 area. Otherwise the door is still open to a deep correction possibly as low as the $7,000s.

It seems that for the time being the bull run has stopped, obviously the bull run could always resume its upward trajectory at any moment but it seems the next days should offer some breathing room for those that want to buy bitcoin without having to worry too much about the direction of the market, but I am not that positive that the price will keep growing that much because that will put us very close to the ATH and I do not see a reason why we could get that close to the ATH or even surpassing it when the halving is one year away.

Correction in pricing is actually expected as the market cannot continue going up or down and it is during corrections that new investment decisions are made. Bitcoin price look too good now to fall and before we see short terms bearish trend again, bitcoin may touch $20,000 or above.

Let's be realistic. if we consider bitcoin as a long-term investment, then it makes sense. For speculators now is also a good time to earn. But you should always choose a good entry point. Bitcoin will grow and nothing will stop it. Let them fall! But he will rise and will move forward, no matter what and no obstacles!

You are right about that, this is a good time since the market is bullish, for less experience traders, it's good if they trade in bullish times as the market can easily be predicted than in bearish times and knowing that most traders are bullish, this is their timing.

I can trade for short term now and I loved it since bitcoin is so bullish, making 5% is a good percentage already but I don't focus much on this as I'm not a day trader and if in case bitcoin will dump I would also not mind since i can hold for long term, but I really doubt that this year will still be the same year last year which end up bearish, this time I'm pretty optimistic we will have a bullish market and a new high will be created.

I think it will more than $20k soon and bitcoin will never stop until there are bitcoin not yet been mined. And once all bitcoin will be mine, I think that's  the time bitcoin will stabilize and no other movement  rather its keep increase and increase while the time passes by.

It's a good thing that you mentioned OP.
But the first line is quite contradictory.
It is in my opinion very risky.
You don't know when there will be a sudden fall in the price.
So if you invest now and loss may occur then who is going to pay?
So better wait for the right time to invest.

Price should be moving up itself since it has fallen a bit from 12k or 13k levels and need to find its place again back to those levels. Infact a good time for those who wanted to invest at lower levels it is that time now so that you can make good investment and sell on later.

I have read through the opinions of everyone in this article. Most of the comments suggest that everything is hard to guess and there are optimists who believe that prices will go up. I know btc is also an opportunity, for me your questions you can answer yourself completely. Because I know everyone here wants the price of the BTC to increase so that it can get the desired profit. And just as I understand that this market still has very few people know, and with recent news, you can understand that things are gradually changing. So I'm talking about it, so you can think about the prices of BTC in the near future. Maybe my thinking is different from you and not enough to convince, but you know there are not many reasons that I cannot explain in detail. And still on a personal point of view "be patient when investing everything, because money is really not easy to get. We are not lucky people."

Sorry, maybe my language is not correct but I still hope you can understand it.

That's not a risky flow of thought with how we went up this year.  :P

The thing that people seem to forget about is how markets tend to do the opposite of what the majority is thinking. It wouldn't surprise me if we take another dive and say goodbye to 5 figure levels for a while.

The price has gone up so much that even a 40-50% correction would still not be all too bad. Most people before the pump didn't give Bitcoin a single chance of breaking $10k this year, and now they expect $20k and beyond.

I think Bakkt going live or not this month will play an important role in the short term. It might give Bitcoin either a push towards new yearly highs or push it off a cliff towards a new higher low well under the $10k mark.

It is currently holding back below $12k and it is quite good for latecomers to take this opportunity before it finally is in the bull run.
We might think that it will dump again but before it happens I believe that we are touching at high first, and we have to strike it first before getting late.

I think the price will top at around $60,000 somewhere in Q1 2020, because that's what aligned with some logarithmic regressions that I saw, this prediction is not to high so it's realistic, and if they price will be higher, I'll be pleasantly surprised, instead of being disappointed if I'll make a too gready prediction. This is only a x3 increase from the last ATH, but Bitcoin has always been unpredictable, and just like no one saw a giant growth of the last cycle, maybe Bitcoin will break the rules again.

noone can precisely predict the future price but we haven't seen the highest price yet
I'm pretty sure the highest price (before deep crash) will be reached a few months after halving day
my personal guess, bitcoin price may hit as high as $25k or even $30k before the end of year 2020/21

It will gain more for sure but there will be speculation around and after the halving but a deep crash could always happen when the market get worried about events.

l Who thinks the price of Bitcoin stops at the level of $ 20,000, no.
Everyone wants bitcoin to move and keep moving like the earth rotates, rises, rises and rises.
So, many Bitcoin experts are currently predicting the price of bitcoin above $ 20,000, I'm sure in 2020 Bitcoin will break the record for 2017, because nowadays almost 80% of people in the world know investing in Bitcoin, while the supply of Bitcoin is only 21 million.

bitcoin has always had a certain roller coaster trend and will continue having that because nothing about the market has changed. in this special type of trend price keeps rising and ends up with a couple of months of big jumps and a big bubble before such "big crashes" happen, and each cycle is by setting a much higher ATH than the previous time.
so your $25k and $30k here doesn't make any sense unless you are calling the small 10% to 20% corrections a "deep crash" which would also be wrong.

If we're talking about the next potential topping territory here, I'd say perhaps twice the next ATH at the least (nobody can accurately predict this though), but it's good to remember that wherever we go, it's not going to be in a straight line. We'll have regions of pullback and areas of indecision like we are in right now even in a bullish trend. That's just how it is. If you want to trade this on margin for the long term, you could probably just place down a very low leverage long and forget about it.

For now we need Bitcoin to keep moving because that is a sign that new investors are coming into the market. Bitcoin is still young compared to some other form of assets and that creates more rooms for new investors including both the micro and institutional investors and at that, we should expect the price to keep going up.

Depends on what happens before during and after the halving. If halving happens to be a big deal then there would be increases before it and during the halving and afterwards which will make bitcoin go really high and reach to above 20k+ easily which would make all of us profits, no matter where you bought from you would be in profit when we break the all time high, thats the correct math, only the sellers will lose money on profit.

However, if halving is not as big of a deal as we imagine and price doesn't react to it then we may see a fall because there are tons of people who bought with the anticipation of big movements during the halving period and they will sell all their coin if those big movements doesn't happen in which case they would have to just focus on getting their cash out asap.

One million dollars in 2027, with 20% worldwide adoption (as a store of value, not currency).

After that, it will stagnate, like it happened with gold and silver.

I dont see it being used as a currency. The nocoiner boomer mentality is too strong among the masses.

The market keeps on going and the demand as well, and that might could trigger for another huge jump in the coming years.
But I've never think that Bitcoin price will be at that high, $100m will that so big.

I'll just predicting that it will be at its big jump for $100k by 2027.

More years to go before it happens but for sure cryptocurrency will be used as a currency online since many companies will adopt and they will utilize the function of this technology. Its hard to say when the price stops from moving, i believe we have to keep moving forward until we hit the moon.

No one can tell what will be the next price of Bitcoin, nor when it will stop increasing.  Remember, the market is subjected to supply and demand, and anyone cannot control this.  The more Bitcoin become popular and more use cases in real life, the more the price get higher, only the hiccups is this whales who keep dumping to get profit and buy at the dip.  Nevertheless, I believe as Bitcoin demand increase and the block reward decreasing, the price per Bitcoin will not stop increasing.

If I've concluded very carefully and effectively based on my analysis : -

Between the beginning of the year 2017 and the end of the bull run in 2018, Bitcoin did a whopping 20x while it began to rise from $1000 and reached its ATH of $20000 on a few exchanges. However, if we consider just that (theoretically), based on the current bottom which was about $3150 in late 2018, it should reach $63000 at least after multiplying it with 20x and I said this due to many analysts claiming this one to be a parabolic move for Bitcoin.

But that is the issue, those that enter the market are not really thinking about buying bitcoin and hold it for the long term, many of them think it is too late for them to try that strategy since they have a small capital and even the impressive growth of bitcoin will not be enough to give them good profits in the future, so they try their luck with trading not understanding that even when you trade you still need a decent amount of capital otherwise the exchange fees will slowly eat your capital, this will create a necessity for more profitable trades and as such more risk and eventually one day the person doing that will fail and lose everything.

Its hard to tell where it will stop, I assumed that 13.9K might of been the local top and in 6 months it might of been retested however it looks like we might retest it today or tomorrow.

If $13.9K breaks then the next resistance is obviously the psychological $15K and then its the weekly resistance at $16.8-$17.1K, after that its obviously the $20K.

When $20K breaks then who knows what will happen. Basically nothing but air above and could quickly be jumping $1K everyday until who knows when.

my money's on wicking through that resistance area---maybe topping closer to $18k given the exuberance, liquidations, stop runs---with a decent chance of a medium term correction deeper than this one.

the past two legs up (off ~$5k and ~$7500) extended 83% and 85% respectively. extending another 83% from the $9650 low puts the top ~ $17660.

Yeah you right, prices are still moving up, there is no sign that prices will stop rising and correction. it seems like the price will go to $15k in the near future, after that we will look at market conditions, if it still remains positive, it could be that $19k could be repeated this year

I think the price will never stop growing in our lifetimes if you are asking about long term. If you are asking about  short term corrections, flip a coin.

How can you be so sure about that?
I think that bitcoin will struggle to grow in value in the future as not any more use cases appear in our everyday lifes. This will make investors to avoid it because there will be not any added value in their investments.

Bitcoin doesn't need any more use cases. It's already sound money, better than anything that came before it. Everybody in the world has a need for that. Just look at gold's importance throughout history. Money and value storage is by far gold's biggest use case and it's got a market cap near $8 trillion.

Bitcoin will take some market share from gold, but both assets will probably take significant value from weaker stores of value like fiat money.

Well, it seems there is a price correction happening since Bitcoin starting to go down yet i don't know where it would stop. Maybe it will gonna go back to $10k again if this continues to go down. I just noticed that everytime it hits the $13k price it will start to pull back again and it seems that nobody wants to push it too quickly to the top.  :D

After touching $13K, the price stopped rising and start dipping. Volatility strikes again, nothing new, who from us expected a price to rise constantly, without going down ever again? Nobody, many of us find this price behavior normal. Don`t get distracted with this drop, now it`s time for buying, or wait a bit longer, maybe it will go deeper, we never know. Bitcoin already made a lot this year, I just hope that we will hold over $10k position until the end of the year.

There are many coins out there that are trying to do too many things and cannot do a single one of them proficiently, bitcoin only does one thing and that is being a form of money but bitcoin is the best at that in the this market and slowly it is gaining recognition all over the world, bitcoin was created during the the biggest economic crisis of the last 30 years and the only thing we need for bitcoin to grow in value and adoption in a significant way is another economic crisis.