Bitcoin Forum

Hi everyone!

I made this prediction 3 months ago and I shocked for his precision.

I decided share him with people. Maybe you finds some utility.

https://es.tradingview.com/chart/BTCUSD/HbvGBqZG/

UPDATE: (27/11/2019)

Bitcoin prediction 2.0, more informative about trends and proportions, best technique for the construction of the curve.
https://www.tradingview.com/chart/BTCUSD/na03w2tl-Bitcoin-Long-term-prediction-2-0/

For the long term it's clear that the price of bitcoin will improve by remembering that halving will happen next year, but for the short term we must first correct whether this bearish will continue to $ 6000? I'm not expecting Bitcoin at the end of this month and the chart shows that the resistance will go up.

Seem that it's correct until now. We believe that the next halving will push the price of BTC. So don't be panic in this correction, and the bottom of the chart is around $ 6k8. This time BTC's price is $ 6k9, so maybe we can buy now.

Maybe in the range 6k - 7k all based in the AT of the chart.

Thank you for the chart idea OP look like the price of bitcoin will range to $6k to $7k level if the price will not hold the $7k level then I'm expecting to drop to $6400 which is a next support, I hope this level we will see a bounce since bitcoi  suffer from hard fall.

I hope he's right again because if BTC dropped below $6K that would look so bad, undoing all big rally since April 2019, and it hurt me so bad lol. $60K after the halving would be cool but I think that's too optimistic. The market has changed a lot, big money is already involved now so I don't think prediction based on past pattern will do.

There is an interesting paralelism related about the chart of the monetary supply of BTC and the logarithmic chart of price vs time.

Good one mate. But the drop happened fast. We will see if your $6,800 support can hold until January. I am also thinking about worst scenario at $5,000-$6,000. I've seen more predictions lately here that expected this correction before the price moves again upwards. At least this chart supported my prediction to start accumulating again first quarter next year. Although I would still be happy to be proven wrong, that bitcoin all of a sudden shoots up before end of this year.  

When we do talk about technicals then we might able to reach those levels but to come to think that this might be already the bottom for this year.

We cant conclude yet if we go down further specially now about the news on binance denial which would somewhat cut-off the fud.Price is almost heading go back to 6k+ level
but who knows if recovery would start  now.

Further dumps can happen along the way specially we are already approaching the next halving.

trading predictions there are only 2 choices up and down, so everyone can make predictions at will, when his prediction was wrong he just stayed quiet, and when the prediction is correct he will shout publicly, hey my prediction turned out to be right, yesterday many people shouted bitcoin will head for 15-20k, now people are screaming bitcoin will go down 5-7k.  :o ;D

You waited over 3months to see if the price matches your prediction I would have said it was a calculated guess but the chart tells a different story you actually had an idea that metamorphosied into the current price

Great ,dude. I really appreciate your prediction even though your prediction might still not be right but I will try to wait in the next few months while considering several aspects to be analyzed again. I hope you can share more things here.

The question now, how do you analyze and calculate the charts that you make? Maybe you can explain in more detail here

If you look at the graph from the previous month, the bitcoin is very stable. Still, there is a crisis happens earlier at November the price of the bitcoin goes down every time, the money goes down and scares the people to panic sell their coins to avoiding lose of incomes and profit. Still, this is part of the process of the bitcoin that there is a rise and falls if you already know the graph in the previous years the price of it goes up again in the next month or year. It takes a lot of time before it recovers in the market.

It's clear that bitcoin is indeed the best for investment because when years passes by the price will eventually rise. But there are things that those experts tried to predict that somehow the price would reach $50,000 to $200,000. From looking at the chart on that site $200,000 is not too close within 5 years. I guess maybe in 10 years before bitcoin reach that $200,000.

Let's wait and see if it breaks away from the 6700$ support, which I honestly think it would do. And the price should probably drop more after the 3rd halving, is what I believe. Besides, most of us are assuming that BTC would spike AFTER the 3rd halving, so that's a natural prediction not gonna lie. The moment to enter is the hard thing to predict right now, with BTC spiking up and down repeatedly without much notion for the market's current interests.

wow, it really surprised me. I also see bitcoin's trend to be quite logical with the arc and the upcoming halving event will make it explode more strongly than he thinks.
because the market is seemingly accumulating and waiting for the halving event to explode. so I believe bitcoin's price will rise to more than $ 15k after halving and it will soon break out of that arc.

Bitcoin only reached $ 20,000 ATH in 2017 in December, so far the price of bitcoin still hasn't exceeded the price of ATH in 2017 so I don't think experts can 100% believe that a bitcoin prediction of $ 15,000 is difficult, so reaching $ 200,000 too far in my opinion.

Since you are claiming that the resistance will go up does that mean that the price of bitcoin will take a long time to breach the current resistance level, i am not looking at the technical details nor any chart simply because the market is relatively new and you cannot have an accurate prediction on how the market will go, you can make any number of prediction on how the market will move in the future but it all depends upon the investments coming in and the trust level each and every investor has on the market.

Regardless if Bitcoin's value will go up or down in the long-term, there are ways for you to make a profit and this is not just by owning this cryptocurrency. You might want to explore CFD trading which is safer than trading digital coins with an exchange. One good broker that I suggest is eToro. Here's one review that I found if you want to know more about them: http://realforexreviews.com/brokers/etoro (http://realforexreviews.com/brokers/etoro). Cheers and good luck with your trades!

we will price action moved in this area, in my opinion it could break and reach strong support on $5700 that will be bottom for this year. i see in technical chart there is no reversal sign from candle form , and i am waiting it drop to 5700. halving ofcourse will be main trigger for bitcoin price , and before it happen  , bitcoin willl hit new bottom.

I think that the fomo takes far us higher than $60k, but to be honest i would be glad if it didn't because there would be all kinds of backlashes on the next bear cycle if it did.
But in short, i like you idea, maybe because it's refreshingly conservative when all i've seen are some crazy predictions. I am going to keep watching your chart.

I agree with the prediction that bitcoin could go down at the end of this year to $ 6500. But later in 2020 began slowly rising
in price, because it was approaching the halving event in May 2020 the bitcoin price should have risen. But when halving the
price bitcoin can reach $ 60k seems too impossible to achieve. Given market conditions throughout 2019 it's not so turbulent.
In my opinion when the maximum halving price of bitcoin only reaches $ 20k. If indeed it reaches that price already very good
in my opinion.

There are many predictions in the cryptocurrency market and we only know when they are right. In my opinion all the forecasts are for reference only and not valid for investors.
I personally still prefer the slightly cheaper Bitcoin price, if Bitcoin is cheaper I can collect more Bitcoin.

I think its between $6k - $7k. These are safe amounts I guess. It may reach higher or so then the more its good. Long term predictions are very unpredictable but I always hope for the best. I believe its always depend on the supply and demand and now the reputation or the public issues are also affecting it. The more it was known to many, the more people are getting into its processes.

I think we can't trust in evefy prediction because all we know that no one knows when the bitcoin's price will be change. And if the prediction was correct to the timeline I think it is good but it doesn't mean that all the prediction and pattern will always right. It's up to you if you will believe but it is better to have own strategies.

We now see bitcoin price reached $7470, and it could down for more or even it will go up in the next week. But we already have seen that bitcoin touched $6830 yesterday, and although the price now is higher than yesterday, it could go down again. We can go down for more this week and perhaps, we will hit less than $7000 so you need to be careful if you think about buying bitcoin. It's better to let the market move and watch the price moves for now so we can see what will happen to the price. If the price goes down, then we can prepare to buy bitcoin, but if the price goes up, then we still have bitcoin ready to be sold at a higher price.

It's only prediction, nothing too worry about it. This time everyone have the same result, bitcoin in deep price and maybe 2020 will be worst. Buy back is not an option, wait for now and see again middle 2020 is better. Mostly I agree with your prediction just don't buy now, saving for 2020 is good option.

Do you think the price of BTC in August 2021 is around 60k USD?
what about the BTC analysis that will touch 100k to 300k USD in 2021? Do you agree with the analysis or do you prefer your analysis?
if I look at your analysis, there is still a chance that BTC will fall deeper in November or December.

It's a very common dialogue that Bitcoin price will rise in the future, we also know that Bitcoin is such type of currency which field is being improved day by day, not only that but also Bitcoin is getting popular around the world and it's getting accepted gradually organization to country, so it's a very clear message that in the coming days, Bitcoin will shine more and more but the harsh truth is that Bitcoin is not yet legal in anywhere so it's basic crisis for running successfully because people always want to find an authentic and legal platform for monetary purpose, so it will be a good platform also if the legal status would gain as early as possible.

wow, his pictures are really convincing. because on the Daily chart, I saw a high probability that bitcoin would go to the lowest of $ 6k2 - $ 6k5 and then it would bounce strongly to prepare for the halving event. As the old charts show, when the halving event happened, it wasn't long before the value of bitcoin would soar. The reason is that miners disagree with their profits at the time and they hold, creating a supply shortage and thus the price of bitcoin will increase sharply. So I expect the price of Bitcoin in 2020 to be as high as $ 12k or $ 14k.

Long term prediction are must hold very long time not only weekly,monthly come time is is depend up to 3-5 years long or hold, have few knowledge so ignored prediction depend on trade, you can follow tradingview  but not believed just for learning.

I do not know why I'm cringing if I heard the word "prediction". There are a lot of gurus in the internet saying about they predicted the price of the bitcoin. There are not from the future so it is the reason why I do not believe if someones claims that they predicted the price of the bitcoin.

One way or another, you need to secure your assets for the time being and limit transactions because the massive volatility of the crypto market is making things worse. I think Bitcoin will continue its downtrend and it is quite possible to return to $6000 next month so please analyze and make more accurate decisions in your investment.

I would still choose to invest in the long term if possible but would consider selling if things were worse. Of course, I will lose money but I will never accept to lose money stupidly during this time.

I think it is much better to say; Speculation.
But still it's okay since it is just prediction, not 100% sure, everyone can predict.
Btw, I checked the chart and looks better, but it's for long term,  go try check that chart after how many years and we can see the result, which is I am also on positive side and will follow those curve or trendlines.

It seems that the prediction is slightly off this month because this month the price of bitcoin has reached the level of $ 7100. I was quite happy to see his prediction in 2021 which reached $ 60k, and that might be possible. although Halving on bitcoin will be a very important role, I am not very sure that the price will be very high, but I feel that the price will be at the level of $ 12k or higher.

Okay.
Maybe I could do that too.
Tell people how precise I am into making such prediction and then let them register with my trading group.
I dont think so.

Anyone could make such a thing. Only the fool could be fooled or those who think they are wise.

wow the prediction is 55k usd? really surprised me, why is everyone expecting too high when halving bitcoin. if hoping to reach 25k usd, that might be acceptable but if 55k I frankly very doubtful. I can't blame your prediction but I don't think it makes sense.

This prediction is not based on strong analysis so we can't trust this prediction and we have to search more reference, if this prediction is true i think it's just a pure luck but the prediction is still long ahead and i think this prediction will dissappear when the price is not same as his prediction. But based on halving history this chart is quite legit because 1 year after the halving bitcoin's price must be have experienced a big pump

There is no assurance that the prediction is true unless it will be happen exactly. No one in the digital world can predict in precise since each and everyone of us here try our luck and hoping that the price of bitcoin will increase tremendously. Soon in the future the price will extremely increase,  just like on the year 2017 last quarter.

If it happens exactly then that is not a prediction anymore but that is already a reality but prediction is something that you are not sure if it will happen or not  . If your prediction was about the pump of the price then go ahead predict all you want if that what makes you happy  but for some people like me I don't say stuffs that there is no assurance because I don't want my feelings to get hurt if all thing turn backwards

Those predictions were done all based on mathematics. The guy probably got extremely lucky when predicting it. Just remember, those are predictions are never very accurate. The market price does not just depend on the previous values. There are also various unpredictable external factors that causes changes in the price of the crypto currencies and affects that largely. Halving of the reward is just one of them (looks like this factor was included in the prediction). Don't forget about manipulations, hacks and good/bad events that might take place.

Once it reaches up to $20k, I won't waste the chance of dumping my worst holdings when it obtained the most profitable value. Over expectations didn't worked so well, and in fact the whole 2019 was unfortunately not a good time for traders due to bearish behavior of almost a year.

There is a lot of people they are trying to predict what can be the future of the cryptocurrency because some of them know how to read the graph of the crypto, today the price graph of the bitcoin is very bad. Still, if you try to look at the previous years, that kind of movement is just typical for the end of the year, but the next following year it can grow up again. It takes time to earn more profit on bitcoin. Some techniques we can do to make an easy profit is to hold our coins and wait for the right time to trade or exchange for getting a benefit. May result of the loss of income if you panic sells because of the graph you are reading for now. In the long term, you should know the previous prices and when the peaks come.

In my own opinion, bitcoin's price is very unpredictable, even other cryptocurrencies because it is volatile that we can't tell when will it increase or decrease it's price, that is why even a lot of people makes a lot of mathematical analysis and predictions about the price of bitcoin there are still a huge chance that there analysis will be incorrect.

Yeah, many people would like to know how the future of Bitcoin would llook like, will they earn profit or suffer loss.
But I don't think that graphs and technical analisys can actually help you with that, they could only be kind of guidelines. Sometimes with Bitcoin you also need a bit of luck and a hunch, to rely on your experiences. I don't think that Bitcoin has a pattern that you can follow.

Having the event of halving in mind, it would be better to buy more bitcoins and instead of feeling bad about the decreasing value, investors should feel blessed as they are getting the opportunity to make invest in coins when a pump is confirmed. Dips have their own purpose to serve. Without it, no one can buy coins by small amounts. All changes are important in crypto currencies world for gaining most benefit.

Let's hope for the better that the range of bitcoin will become higher than you've expected. Let's say that it will surely comeback from $6k to $10k because nothing is impossible. I know it is a sudden but we don't know what bitcoin can do to itself. It is very unpredictable, I guarantee you that maybe 7-10 years from now. Bitcoin will bounce back and soon grow again.

There are thousands of predictions every single day around here, most of them fail, some of them get it right on the first time and fail on the second, the best anyone goes is max 5 times in a row right for the movements. There are literally no known person who has managed to get all movements of bitcoin right without skipping any forever, everyone eventually fails, if you haven't failed so far that means you haven't failed...yet.

In the end bitcoin is unpredictable and nobody really can say "this is why bitcoin goes up" or "this is why bitcoin goes down" because it is a decentralized unregulated crypto currency and that is why it is easily manipulated and people don't really realize how much it could go any direction at any moment with just one big whale movement.

The prediction is based up on some facts and logic so definitely holds a bit of truth in it. People who do critical analysis and spend days and nights in researching more about bitcoin and altcoins, make such bold claims. Doing your own research is indeed important but following comments of such people helps a lot in clearing doubts. On the basis of halving, it is not very hard to tell the future behavior of bitcoin.

right now I am really waiting for halving, because if you look at previous halving I think it can happen again, and right now before halving occurs the price drops, then 2020-2021 in the end, the price of bitcoin will rise higher and make a new ATH.

Honestly, i think that the price of BTC never will over 130K.

I think that BTC will stabilice between 90K and 130K.

Wich is a good thing because while more stabilization has a coin, less oportunity cost and better incetive for use how a universal exchange good.

Wich is the principal objetive of BTC.

Yes, i wait the same.

but unfortunately i was too optimistic when put the ATH line.

if you look the two previous Halving-ATH lines there is a pattern of dilatation.

taked one year for the 1th halving to 1th ATH.

but taked 1.5 years for the 2th halving to 2th ATH.

probably the time of wait for the 3th halving to 3th ATH will take mora than 1.5 years.

its depend on market sentiment and fundamental. Current halving condition totally different with at this time. Now hype and fud so wild in market , everyone interested investing in bitcoin. So many people that have lot of money will try to get cheapest price. But for now on which is finance institution participate in crypto market it will bring new desire , they represent how look sexy investing in bitcoin. So maybe this halving will create ath faster than before.

I already secure my assets by limiting the transaction because I don't see my chance to make a profit this week. But I hope that in the next week, everything will be back normal so I can start to sell some coin again to make a profit. I think the same as you about bitcoin will be down this day because the price is hard to increase. But I am sure that the bitcoin price will increase in the next week.

Although I don't know if bitcoin price will reach $6000 or not, I will try to have more money so I can buy more bitcoin if the price is down for more. Yes, investing in the long term will be a good idea in these situations because the market still not increase so high. We need to be patient and wait for more.

Crpytocurrency price is cannot predicted as the history happened before, i'm sure it will be a different movement in the future it can be less than 1,5 years or even take more than 3 years. It depends on the market situation and the global situation. It's always because of the demands that could be created and manipulated by the whales who have so much money and that can make the demand up and down as they wish. So we have to ready with any different condition that will be happen in the future

For me bitcoin for long-term prediction is very suitable even many people always try predictions even strong analysis with the right increase in the price of bitcoin, anyone can predict it but it's not necessarily true, in 2017 the price of bitcoin reaches the peak price so it drops very fast and even goes down up to 80% of the highest price, yes of course it is all beyond our predictions then in the past few months there has begun to be an increase hopefully this will continue until the end of this year

Nothing wrong your prediction but if happen of course I'll lost 20% from my money, not good for me. Now I confuse, cut loss or not your post make me really bad. So far I still keep stay with my analyze but many people has same prediction like you. Maybe right if after replace open order please ignore all opinion because one will kill your mind but 10 will destroy your future.

Yeah, I do after with this that in 2019 price was not good but still as much as I know bitcoin will rise now. People who sold after losing hope will surely repent but according to my good news for holders will be there very soon. We should keep holding at 2020 price could reach $20k but we should wait and see what actually happens but patience is the most important key for success.

I believe that it will keep in rallying but I can't think that it halving could trigger a big jump to reach $60k+. I may not really that kind of optimistic person that I may think such peaks cause the market looks so difficult to run for another ATH again and even that halving can't sure that can make it.
I am just hoping that it even just reach $20k during halving is big enough to see how this halving makes a big role in crypto.

Recently a lot of bad news has affected investor confidence and a lot of people are panic sell this coin so if you choose to invest in Bitcoin, you should only invest in the long term. I will not predict the value of Bitcoin in the near future because every investor prediction is often incorrect and the market will never happen the way people think.

During this time it is really difficult but I believe everything will return in 2020. Of course, to do this, market will need a lot of new changes and must attract many new investors.

Having our own way of perception is somehow be a good or bad outcome. As I just refer on the previous price of bitcoin it makes me realize that to have an outcome will just refer on your luck in the end. If you are lucky enough for your own perceptions well good for you as you just try to risk for possible good outcome.

Without risk, it is impossible for us to make profits because the crypto market is completely unpredictable. Without analysis, it is impossible for us to make profits, we should always carefully watch the market for predicting the correct prices about the Bitcoin and it should clearly helpful to us to make a profit.

Since there are lot of strategy meanwhile bitcoin price get drop now and its better to start to hold bitcoin again. As soon as possible before it gets better upcomming 2020.

BTC will skyrocket again! My prediction is 20k in the end of february, because, why not?

Not just hold bitcoin, but we can also buy more bitcoin at this moment because the price drops too deep. We can get the best time to buy bitcoin right now, and we can expect to make a big profit if the price increase later. But the problem is we don't know how long we need to wait until bitcoin price can increase again and we need to be patient to wait for that time. Don't be panic if the price is down again because the price will be bounce and start to increase.

Well, let's see about that target halving price. The long term prediction can be changed since there are many sideways, many unexpected events and unexpected price movements. But I am still holding to that hope about price hike next year. I'm a btc holder so I am really counting with the positive technical analysis like this one.

That is why you should have a risk management when it comes to investing. You should only risk that amount of money that you can afford to lose so no matter how long the waiting game is then you are still good because you don't mind if you lose that investment since you can afford to lose it. Trust your skills in analyzing the market and just stick to your risk management skills so you will be fine either short or long term.

Even you are with John Mcaffe telegram channel and you are in his twitter everyday, you can't assure you will get the accurate news and signals about bitcoin. Maybe, only for once but you can't trust it for a long time.
If you will trust a prediction, trust yourself. So that, even it fails. You know that you follow your guts.

so much analysis and speculation about the price of Bitcoin, and I appreciate that. Bitcoin is currently crashing at 6600-6800 USD, and of course, it is difficult to predict the future of Bitcoin prices. Moreover, fake news circulating that makes the price of Bitcoin crashes instantly today. So for now, between the charts and news, I think the news has more influential that can have an impact on the price. hopefully many good news in the future.

https://i.ibb.co/BgwGkgM/Screenshot-5.png

See bitcoin is now a little green, will it continue or just, but many speculations say bitcoin will soon reach $ 7500 in the near future I think it will happen because it is only a difference of $ 300 from the current price.

bitcoin increase will be in 2022, a very long time for that. right now I think maybe I should try more details on bitcoin price increases because the price of bitcoin can change at any time

This situation is really complicated to predict the further growing, normally everyone expecting the small fluctuation on every month and it will grow again on upcoming months, But current scenario no one predict the future update and I hope 2022 it will raise rapidly on crypto market. So long term prediction is always safe and secure the Bitcoin.

If we look at the data provided in the last 10 years, we can assume that bitcoin may have CRAZY all time highs, each time it goes up it goes up weirdly high, yet sometimes it may not go up too much, the "going up" part of bitcoin has always been very weird, sometimes super high, sometimes just a bit.

However, what we should not forget is that bitcoins bottoms are always high, it is never lower compared to previous years. What is the low for this year? It is $3.4k but technically since it has gone up to those $13k times it has only gone down to around $7k levels at these times (happened once more before) so all in all I believe in 2020 the bottom is $7k, so if you buy from here and wait for one year you will profit, if you buy here and wait for YEARS then you will profit insanely.

What do you mean by "increase"? A 1% or 0.01%? Be specific when you make a prediction or dont make any at all.

By 2022, a lot of changes in the government acceptance and stance on crypto can occur. Nobody can say for sure from beforehand and predict something like this but obviously everyone is optimistic about the price. Currently the price is recovering from the weekend dump this week but we might see better moves this Black friday. Its a good time to buy if the market price falls below 6k USD.

I think this prediction coincides with what many analysts are saying - halvings generally lead to bull runs later on. With the next Bitcoin halving in May 2020, we can almost certainly look forward to a bull run in the near future.

With this halving that will happen next year many of us awaits what bitcoin price could lead. There’s a tendency price that will show a progressive move that could benefit us, users. Many predictions appeared and I'm also positive that hopefully, we can witness the bull run could take effect in bitcoin once more adoption happens.

we can be optimistic about seeing your analysis, I think your analysis indeed shows a positive direction. but we never know when market conditions change. so I think it might still have to analyze at any time, especially the bitcoin movement analysis.

We are all in the positive direction that Bitcoin is worth to invest and hold for long term, because we are not seeing yet any negative that will break this record, so for me taking this as an opportunity will be great for everyone, but before that we should analyze our fund first how much we are willing to invest on it and how much we are willing to hold.

Not before they actually change, but when the market conditions do change, the trend generally changes as well, which you can use as an indicator to adjust your positions so that you don't hodl the market down for example.

I regret having ignored the changed trend when I noticed it like a month ago, but I can't go back in time, so I'll make sure to not make the same mistake during the next indication of a changed trend, which I am now patiently waiting for.

I am sure this time will come very soon as i have noticed people around me are showing good affections for crypto now. Long ago when there was totally unawareness so people were not ready to spend money for anonymous but now they all are agree and they are actually taking good part so on this behalf I can see good time for crypto coins very soon.

guys, there is an opinion that November is the last bear month, then the bulran will start and then who is how much greedy, he will become so much richer))

I hope you'll right cause even so many people will say and think for another Bullrun couldn't be convincing enough. I will not say that I'm not an optimistic person but seeing how the market trends show to us, it seems to be not really going to happen. It is only possible to double its price after halving as it usually results in a positive impact on the market.

We are almost on the last month of this year and it seemed that the price is not yet stable. But i have high hopes that next year would bring so much positive price in the market even before halving which will stop the price from dumping and start seeing the price reaching another heights again.

like what I see The Technical Analysis below at a price of around $6000- $7000 This is the right time to buy bitcoin and hold it for the long term, because I see for the long term at this price there is 0.618% fibonation which is a point of strength, if at this point it can't be penetrated it's not impossible that the price of bitcoin will soar in the future.

https://i.imgur.com/54T9Ane.png

We can see that on our own and for sure whales are so happy again because they already received a big amount of bitcoin on a convincing price. I'm more greedy to borrow some funds with my friends and planning to have more bitcoin, hoping for this one to happen and I'm so happy to those who are buying at a cheaper price with bitcoin and other altcoins, the long term prediction with bitcoin is still good and still possible to happen.

very beautiful chart ..
if you see your chart bitcoin is already at the bottom
some prediction master charts like tradingshoot also say $ 6500 is the base bitcoin price.
I was frustrated because it was too fast to buy the price of bitcoin at $ 8400, but I continued to hold on until mid-2020.

We are all bullish for Bitcoin but I hope it will not be as bullish as you will borrow money from your friends to buy Bitcoin. That is going out of  bounds. I don't go as far as that and I don't suggest that either. We are all bullish for Bitcoin but we are also aware that its price will still dip even more. That is always a possibility in the market. It is safe to just invest your own extra savings to avoid getting caught with responsibilities you might not be able to fulfill in the end.

I hope you can patiently wait for it and your friends can wait also. But, and please never expect that we can make a huge profit anymore. Yes, pretty sure that we can have another bullish market but never think that it can be this year. Remember how volatility plays with us and still, the market remains to be unpredictable all the time. If you can manage to hold it for many years, then bear with it.

I have read through this article of him and have seen this series of holy curves. but the future is never foreseeable and the sharks never anticipate such a long journey. Believing in such judgments can easily distract us from future trading or speculation.
In my opinion, we should have a separate view on the market price line. In Bitcoin, we are seeing a clear downtrend and are waiting for a new uptrend or it may continue to down due to bad news in China. but I think the market will soon collapse again and it will fall to the price of $ 4k. how do you think ?

Guys, see, i`ve found an interesting article https://neironix.io/news/researches/how_the_breakeven_level_of_mining_allows_one_to_determine_the_pivot_point_of_bitcoin

The price of bitcoin is now in the breakeven zone of many mining companies, the lower limit on the breakeven levels of miners is about $ 5,000, now we are in a large cluster of many breakeven levels of miners. So I think in the coming months we will see a reversal in the market and below $ 5,000 the price will not go away. 8)

I think you are more at risk because when you join this market, it's best to only use the money you can lose. In my opinion, borrowing is not good for you because your psychology will become more panic if the value of Bitcoin continues to decline. I don't encourage you to enter the crypto market but the decision is still up to you so hopefully you can make a good profit.

The chart is just a guide but you still need to focus with any information that will take place while you are still inside this market.
Value can go down while expected halving will take place, if you can buy and hold or if you are willing to work with the market
and try short term trading, there's still good chances to earn and enjoy. else, you can buy and hold till it reach the value that you desire.

We have seen a lot of threads which depict that how halving can create a big pump in the whole market even I have written couple of such articles on the forum. But I think we are taking it in a wrong sense. It's not because of some speculation but due to the forces of demand and supply that these things take place. Halving always creates a shortage in supply while demand for bitcoin on the other hand is ever increasing thanks to it's popularity so this thing is responsible for creating some dramatic pumps. I wish that legal forces allow BTC to float freely until the next halving so we can witness this pump otherwise it may be suppressed.

thanks for that simple explanation . now i know if what really halving are  . i cannot wait for this halving event to happen but its okay because we now have the time to prepare  . we can buy now and start hodling , wait for that date to come and bingo  , we guys can now harvest our gains  . you said a little decrease will occur ? well that is a good news more evenly but why will the price decrease when people already start buying for preparation ? hmmm  ..

You made this prediction but shocked with his precision? Hmmm. Fishy. Are you claiming this without credits?

I looked at the graph. How is it precise? Please do explain it more and maybe we could come to an understanding that it is real or accurate enough.
I do value my bitcoin but I do not go too far into putting it with unbelievable prices.
Yes, some people here may agree with you but not all.
We have to be realistic here. Just because we hit a 20k mark last 2017 doesn't mean we can go way beyond it in making analysis.

I improve the original chart, this look more informative and show interesting trends and proportions.

Enjoy!

https://www.tradingview.com/chart/BTCUSD/na03w2tl-Bitcoin-Long-term-prediction-2-0/

I don't know for sure but I do feel like the price of Bitcoin will increase just a bit before the halving, and after the halving there is going to be close to a 50% cut from the price and the new coin that will be created will kind of bubble for a bit, maybe a week, and after that, Bitcoin will then start to come up in price and then go into the main bull run. I am saying this based on what happened last time, there might be some differences this time around, Bitcoin is something unpredictable - you can't really tell what's going to happen next.

I'm thinking that would be after the halving and before the next bull run that will take place. I don't even know for sure, May is far from December. Maybe the price will stay stable and when the end of the year is approaching it will go up.

sometimes these predictions can not run optimally. there is a special scenario that has to be made for the worst case when bitcoin prices are dumped. so I thought maybe it was a concrete step so that when experiencing a dump can correct the chart prediction

When everyone believes in bullish growth, the market may not meet the expectations of the crowd and follow a bearish trend. Bitcoin is the asset whose mining complexity increases by 2 times in some periods. In classic stocks, this is impossible, halving occurs only in crypto. Previously, this event has always been reflected in the increase in the value of digital gold. Logically, this should be the case in the future, but investors should still be careful.

If considered as a long term basis market really looks very positive and in coming time as countries would go the digital way this crypto would come into picture and many small countries would have to switch from fiat to crypto in order to save the cost and do the transaction quickly.

You can expect high amount from bitcoin because it is destined to achieve unimaginable targets as it did in the year 2017. it does hurt when your hopes dot get fulfilled but bitcoin has the habit of not disappointing its holders. The halving is also near. After that, the price will surge up. Now the thing with bitcoin predictions is, no one can claim to give hundred percent accurate peak value. Do not listen to anyone and trust your asset.

No need to trust technical analysis from others. but at least technical analysis from others is just a reference. besides that we must be able to make our own analysis because it is important and part of the art of trading.