Bitcoin Forum

BTC inflows
We always think, inflows is the most important index.According to our data, we can see  Bitcoin's inflows still optimistic. After 25/9 , Bitcoin always keeping inflows, that's not bad, so we can keep expecting. Markets need a 'cardiotonic'
https://i.imgur.com/Q75sV8X.jpg



Lets talk about usdt
Chinese people like usdt, 90% of USDT OTC trading happened in China. Exchanges were banned , usdt is the only way for chinese people to join in the crypto trading. From usdt index , we can see how is the market confidence by chinese people. USDT OTC trading will cause positive or negative premium, when we can see USDT is postive premium in a cycle time,it means peoples shows their confidence for market.
https://i.imgur.com/NlK9Dvb.jpg


Volatility(60days)
Our data machine shows, the bitcoin price volatility be in a low level just like january 2019. Low level volatility is meaning markets are fixing. when market fixed , it will show the side he want to go. We calculated the volatility by using a weighted average of the volatility of bitcoin price in 60days, it will cause very low error, hope it can help you.
https://i.imgur.com/bdCWJuY.png


Bitcoin in 2020
Our data machine told us everything is all right, although bitcoin seems going down in these days. Global central bank negative interest rate, Political instability, halve production of bitcoin , we still can see the postive index of bitcoin, Markets need a 'cardiotonic' . So i believe we will see bitcoin with a nice price in 2020. :)

I also have a trend prediction just like you. because bitcoin is losing its downtrend and is starting a new uptrend. there will be subsequent adjustments but don't worry too much, things will stabilize again and start growing at the beginning of 2020. I'm pretty sure about this prediction because you know, events The halving is also coming and Ethereum 2.0 is coming soon. And this is definitely a good time for sharks to pump money into the crypto market to grow again.

that's why bitcoin isn't worth investing in the short term because it will pump the heart beating all the time, especially when the market bleeds like it is today, but I'm waiting for what will happen next year as many people say next year is the right year both for bitcoin and others, I believe 2020 is the right time for everything to develop again

Yes, bitcoin will be more profitable if you make long-term investments because bitcoin will always give good results in the long run and the most important thing is to have strong patience when bitcoin decreases.
and we will see bitcoin next year about increasing bitcoin according to the predictions of all those who reach the highest price in 2020.

Thank you for sharing your perspective!

Your volatility graph is an eye-opener. It supports the notion that the January-June rally was impulsive in nature, while the June-December pullback was corrective.


Where does this data come from? It looks like USDT is disproportionately large.


How is the USDT index calculated? You're saying it indicates market confidence? I see it's been rising inverse to price for the last 4-5 days. Do you interpret that as a bullish signal?

Good stuff OP! But I was under the impression that China is losing more and more of its love for Tether -- given that the past 2/3 years alone we've seen scores and scores of stablecoins come out exactly from China (I can't actually name one now but give me a list and I'll recognise a few I'm sure!).

As you say, Tether was popular (is still) because it allowed people to speculate, but at some point, we'll probably not be able to correlate Tether to BTC anymore, once (if) those alternative stablecoins gain traction. I think, judging from chatter, DAI, for example, is making a strong argument for displacing Tether in some circles.

my friend bought bitcoin 2017 above the price of $ 15k and sold it at $ 4000 at the time and now he sees the price is still above $ 6k and that's fine, he lost a lot of money because he was too quick to make a decision, even though I was reminded to invest in bitcoin has a big risk and needs more patience, but unfortunately he has stopped being a trader on bitcoin, hopefully he won't be disappointed when he comes back and sees high prices in 2020

You can check the tether otc price at okex , fiat trading system shows the buy/sell price clearly.
Tether price rising means people are buying tether and want to buy bitcoin , eth or something crypto stuff.

I think that in the year of 2020 everything is unpredictable. we don't know what moves will some countries take against bitcoin and everything is unclear. although the chart might tell something about the price rallying up but the political decision and news regarding cryptocurrency is what make the market decide whether to go up or down also to add in the next year some big boys that are doing blockchain research might have finished and announce whether it's effective or not.

China is planning to publish their own digital currency DECP, and it may become a new channel to buy bitcoin. Tether still be the best choice for now, more and more chinese exchanges published otc system for tether ,and it means people don't need to withdrawl from exchange any more, the circulation of usdt will reduce by locking position, although people are saying tether is cheating crypto fans, it still be the first choice of chinese people to buy crypto currency.

I hope your prediction is correct, we all hope the price of bitcoin always goes up, but the reality is often not all as expected, Yesterday yesterday almost everyone shouted that Bitcoin will head for 20K, but now bitcoin has fallen below 8K.

Specifically for short-term sellers, such a significant decline can lead to serious losses. That is why I prefer to be careful with bitcoin trading. Expect a lot from him. but you can’t do all bets on just one coin. I am confident in the long run this fall can help establish a more solid price position

You are absolutely right in saying, and if a person does not have a clear trading strategy, then such price correlations can lead to a panic of novice traders. But that is why it is necessary to study financial mechanisms in more detail and get acquainted with the strategies of experienced investors. Taklimakan platform allows you to create and share such strategies, as well as trading signals, in order to prepare for risky situations

Market is too volatile, our prediction may not happen today, it may happen next month or next year. We never know but we must do invest only on alts that have potential or take advantage of some alts pump and dumps in that day. Trading will depend on how we will be able to monitor the market or set target amounts for our investment.

We all always need some "tonic" for pumping new investors into bitcoin markets. I guess the reasons you have mentioned will be more than enough catalysts to do that. Negative interest rates definitely push people to find a new store of value or interest gaining opportunities after gold. Bitcoin halving is known for triggering huge demand due to less supply. Political instability is a through out year incident across the globe hence it may or may not produces significant impacts into bitcoin markets.

Except the first quarter of 2019, I believe bitcoin managed to have decent prices levels in 2019 itself unlike how it performed in 2018. Compared to 2018, we enjoyed a bullish year in 2019 so far. Hence, it will be easy speculation about 2020 still only time will answer what we are going to have in actual :).

So what do you think about the Bitcoin investment? from my overall observation, Bitcoin should be invested for the future purpose because of this analysis has proved many things, Thanks for sharing this worth analysis of the long term investment, it's a matter of time because day by day Bitcoin is becoming a stable currency in this days, but the price should be concern. for me, this cryptocurrency system is going under volatility so the people are getting confused about the long term investment, I hope this analysis will remove the confusion regarding this issue.

For investors, ‘automatic investment plan’  is the best way to against cycle or rise and fall, if you think something is valuable.

I think that the investment in Bitcoin in the long term is a very intelligent movement, especially since the long term does not represent much time as in the Stock Market, due to the volatility the movements usually occur quite quickly.

However, it is necessary to highlight that the Bitcoin chart is of a Bullish nature, and even more so when the Bitcoin Halvig is approaching, there are many expectations regarding this, in the same way the US dollar is currently presenting in its global economy some problems with negative interests, so they are considering creating the digital dollar by taking advantage of Blockchain technology.

https://i.imgur.com/cmXbL4j.png
Source: https://twitter.com/ChartsBtc/status/1199780006169214976 (https://twitter.com/ChartsBtc/status/1199780006169214976)

If we roughly estimate like past 2 halving triggered 10x growth of bitcoin prices then we can assume like bitcoin prices is set to test $100k to $200k by the times of 2021. In pre-halving periods, bitcoin markets did not have any big spikes but in post halving, market was known for testing previous ATH which is always leading to set new ATH. This way we may expect bull may come into actual business.

Yes, right now we are not into exact bullish market still it must be kind of recovery phase. Recovering from the losses of 2017 market is happening but the bulls are not in decent focus. They lose power time to time. Bulls may get full power after the halving which may lead to testing current ATH of $20k levels before end of 2020 which means in 2021 we are going to have a complete bullish mode in bitcoin markets.

The bullish trend in 2021 may set 10x higher prices of current ATH. but we need to note that 2017's bull market set 20x higher prices than previous ATH which may signal about another 20x growth in upcoming bull market or even 40x growth too. Because, it all about rate of adoption by new investors and the level of money that they are going to bring into this markets.

yes, no one knows for sure the price of bitcoin next year. Just like this year, in 2018 many people predict that market prices will experience a sharp increase, because the phase of falling market prices when 2018 continues until the end of the year so there is a lot of hope that in 2019 market prices will rise sharply, but in fact the movement Market prices tend to be more stable and there has been no sharp increase or decrease this year. Likewise in 2020 no one knows exactly what steps will be taken in some countries for bitcoin, will there be support from most governments so that it can affect market price increases or even vice versa.

Bitcoin still in down trend but I must say many people still optimist it will rise again, depend their knowledge and experience of course. I'll not blame them but I have different opinion, bitcoin will stagnant in this range price and show the real direction middle 2020. So let's think positive but wait and see is better than keep doing transaction right now.
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yep, you can see that Bitcoin's price will soon rise as the halving event is about to take place. This event is causing people to pour money to buy bitcoin at the moment and sellers are gradually exhausted when the price push has been very strong in recent days.
so you can see the important support is about $ 7k from now. We are still in a very good buying zone and this is an opportunity for us to have a great profit in the future.

Many fall for hoping that we can get a great future coming at that time since speculation for a continuous increase is so high at that time but when manipulation came and certain ETF failing issue come it drops the price together with  the trust for the new people in crypto that's why we struggle  to grow up right now even though we are heading at the next block halving. And hopefully next year will bring a good boost to  the price since if we can see a excellent changes for sure we will have another great major adoption coming on 2021.

I also don't think so that the block halving is the major turning point of Bitcoin to do some parabolic move again. Maybe there's only a lot of people telling that because of the history. They are comparing previous halvings to upcoming one.
Have you read the first post?
Read and the OP said is very informative, especially the global central banks and political issues.

You have point dude because of halving history ( mostly uptrend for bitcoin price) people are expecting for spike for bitcoin price but I'm telling to you its hard to predict the price of bitcoin maybe we see the price on downtrend but it can change any moment. Its better tobe wait for the good entry point rather than buying with no assurance of taking profit.

Me too, in this scenario or even maybe this one will be valid for the next 4-6 months where halving and ethereum 2.0 will not directly raise prices as people would expect, I think it has a small possibility, but a gradual increase can definitely happen. Crypto market volatility is now didn't find its reason, not like 2 years ago which Pump and Dump activities and added with ICO trending give the effect to most of major cryptocurrencies.

I also have the same view as you,
BTC will make a big jump in 2020, because the correction that occurred in the last few months has made the market a little saturated, so 2020 is the right year for bitcoin to jump higher than its highest price.

The chance of getting good benefits with this previous market movements may take place after the halving period, the effect of this season might bring good value to your investment. You need to have good patience while working around the market. A lots of possibilities  since there's already  downside, chance to recover may be there for supporters who continue to hold.

Exactly what people should remember actually when using technical analysis. The stock market has been around for 100 years. Forex market has been around for 50 years. That is a lot of time to learn and understand about the market and hos it moves.

Bitcoin has not even reach 10 proper years of market activity (11 years old but not fully 10 years in trading).

I think all of us have are hoping for a gokd and nice bitcoin price when year 2020 came. So many chart flow and prediction about bitcoin price. Some say that it may hit up to $18k in year 2020 and many say that it may going to zero. But I think what matter the bitcoin's price will be, it's up to you on what strategies what are apply to have profit.

The btc/usdt inflow show us that the majority are stocking but i do still believe that we need more than 1 year and a half for bitcoin to return to its all time highs and that is 2021. Im still waiting for the major event that is halving and expecting for the altcoin price to crash so im accumulating right now even buying in little amount.

According to the graph, the price of the bitcoin from the previous months are not quite good because of the demand in the market but still this is just normal in cryptocurrency, way back on the previous years the price of the bitcoin is just only one dollar and by the time goes by the amount of it goes up and becomes more profitable. The reason why the long term investment becomes more profitable because when you are trying to invest like in bitcoin with a lower price, then the time goes by the cost of the bitcoin grows up. The money that you spend will grow up too that's the collective investment and profit that you will get. But in bitcoin and in other coins you cannot assure that you will earn a lot of money by just investing. The price of the coins is very volatile. Investing is a huge risk of earning too.

Bitcoin is unpredictable because every day there is a lot of volatility. In fact, when choosing to trade Bitcoin, you need to have a lot of knowledge related to analysis and always set the price to sell after buying. I think Bitcoin will increase slowly until the end of 2022 so there is no need to worry much because this coin trading always brings good returns to investors.

Of course, you need to have an effective and psychological investment strategy to be comfortable because if you fear, you will never make a profit from this market.

There are people who have drawn parobol to the bitcoin price in the long run and some believe that after the halving event, the price of bitcoin will increase to $ 50k - $ 60k in 2021. We should also believe this because if You look back to the dot-com bubble history. it exploded in 2008-2010 and continues to be a bad time for the next few years. Until 2015 - 2016, it continued to grow again to assert itself. and I believe in bitcoin too, it takes time.

There are a lot of factors that may affect to the price of the bitcoin and I do not analyzing it in a long term view. I'm a day trader because this strategy is suitable for me. For me there are many opportunities in trading bitcoin in terms of short term than long term because there are swings we can use in order to earn profit. I do not see my self becoming a passive trader, trading became my daily habit and it is the reason why I am a active trader.

You are a day trader and you love day trading because it gives you a satisfactory profit and you must have good knowledge about trading at day. I like long term trading as I know there are so many things which affect the price of bitcoin but still its good to trade long term and keep holding.

Halving will have a positive impact on the market base on its previous performance but it takes a while before we experience this.
Bitcoin is having a sustainable market demand, even we think that we are at a low-value today but it absolutely is moving high. Now, its OP's prediction to have a good market trend next year and I will believe that it becomes possible, and it seems to see a bullish market again.

All historical data and signals are supporting the price of bitcoin in 2020 and beyond. Some people say that it takes another 10 years for Bitcoin to have billion-dollar businesses like Microsoft or Google. Because the crypto bubble is like the internet bubble, the problem is only in time. but first we should talk about the near future, I think 2020 will have the highest ATH, which is $ 30k. What do you think about this price? 2017 was not a halving event but it has grown very strongly, so will 2020 grow stronger?

The end of 2019 passed without any positive moves by btc. I hope for a big bitcoin price increase in 2020, but that could only happen in the first half of the year when everyone is looking forward to the bitcoin halving event. The price of BTC may then drop.

hope that everything goes as planned. I'm just afraid sharks don't pump money into bitcoin in 2020 anymore. similar to Litecoin's halving event that took place in August, after halving its price has dropped and is currently dividing 3 times from the highest level in 2019. This is crazy and it seems that strategy. The same goes for sharks in 2020. so everyone needs to be aware of the worst case scenario of bitcoin.

I do not see bitcoin as a long term investment. The analysis that I doing in bitcoin is for short term only, right now the price is still consolidating. I use darvas box as a tool and if the price will breakout in the darvas box I will add positions. Right now the price of bitcoin bouce to its support and it is good for swing trader.

Short term only become good solution for trading bitcoin and altcoin because can give us profit and take much benefit if trading with short term, many time I check person like for trading with long term without know what big risk at the future after getting bad news with bitcoin and altcoin, they are really not understand when bitcoin or altcoin have lower price and keep bed down some time.

As now bitcoin price is not good and waiting for a longer viewing hope it will come's up again pump to 2020. For a better year and waiting of all time.

Maybe you are a good trader, but you are trading bitcoin now why don't you believe in bitcoin? Everyone in here are believe in the future of bitcoin or they will leave when they liquidated.

although it looks like the price of bitcoin is not developing significantly, but now the price of bitcoin has the potential to be on the rise so I think bitcoin will continue to show an increasing trend but slowly. and bullish will still get by bitcoin

of course bitcoin still has many opportunities to increase its value in the future, although lately there have been no signs of that increase happening but there are still many who are optimistic that in the future bitcoin will be more valuable and not a few people are able to put the money they have into the form of bitcoin to be used as a long-term investment asset.

it is too hard for expecting correct price in market of crypto ; maybe there is some and little peoples who making good predection for example buy today and sell after some hours with profit . but trend effect on prices ; i think everyone should buy and hold for long term because they can get profit with time for sure

Yeah, buy bitocin and hodl it if you believe in Bitocin

I will also prefer lo ng term investment so not to stress me everyday. Well, we cannot resist to check it everyday but for me I think its better to just leave it for a while. It gives a sense of suprise and excitement. Short term trading is good also but it really needs more of your time and attention to it. Its also better for those with big investments.

Yes that is what I am thinking too, it is good for long term investment rather than for short term. Bitcoin charts shows a unstable chart pattern and it is proven that it is go up when time goes by.

Actually, to get rid of that confusion, people just need to believe it. If it only focuses on analyzes, there are still many analyzes that contradict the @OP analysis, if they believe in bitcoin then whatever analysis they see will not change their trust and commitment to invest. And of course, to get that trust must begin with your own analysis.

Bitcoin is doing completely fine.
People are expecting unusual proce volume and price just like last 2017-18 pump. That was manipulated market pump and not something organic which can sustain. Recently, I read  a news article where it was mentioned that the whales are consolidating and now they hold almost 42% of bitcoin supply. This is always followed by some swing movement. This is the all time high volume which whales have accumulated. There might be a major price movement in future which will start a new cycle.

And based on my own analysis, bitcoin will grow again in 2020 because there will be more investors who will be interested in bitcoin even how volatile it is. And long term bitcoin trading is a good step for all of them to attract huge profits once they engage in trading.

Only LTC or Litecoin look have good price last month keep change with higher price, for other coin like ethereum, BCH and EOS look have lower price and keep down after bitcoin never back to higher price, not have chance to get much profit with altcoin trading during bitcoin keep with lower price and we always loss if keep take risk investing when bitcoin still down.

More new users means new cycle. Let's promote bitcoin to everyone  ;)

Lets promote but also helps newcomers to understand every risk that they can encounter while inside this industry. If they will understand and take
the risk, it will be add to real supporters that will not  be a cause of massive dumping once whales decide to make a big dip.
People who will understand the benefits will keep being hold, waiting for the opportunities to take the benefits.

Depending on market conditions, many people are trapped by buying when they go up, so they still keep their coins hoping they will go up.
in fact if you know when to buy and also sell, it doesn't take long to get a profit, unless you really buy and save it for the long term.

I agree with you because the price of bitcoin is much lower now but its price will increase in the future. We should all buy and hold bitcoin now. I think many people who have left crypto due to bitcoin prices will definitely come back to crypto.

yes now the time again came when everyone will enter in the crypto zone to put their money in bitcoin. In a few days we will again in the year when a shining time of bitcoin will start. This coming year the price of bitcoin will again a new all time high price. It is right that those who left crypto and sold their coins will come again to invest their money in crypto as they all know that halving will give a great value to bitcoin.

I'm having some doubts on the halving that will take place next year, why? because the past halving was 4 years ago and the market condition was not that really outreached compare to what we have now. So my hypothesis on this upcoming event is not that great as the others sees it. It would bring a huge price comeback for bitcoin or it will trigger a massive decline followed by a pump, anything could happen unexpectedly so might as well don't raise yout expectation that high.

If you are involved in trading definitely you will use Bitcoin for sure and stable cryptocurrencies. So for long term profitable trade you need to to segregate the funds you have over BTC and other centralised currencies. there are many liner angle charts available in the trading sites so based on your own requirement you can choose the best chat for you and you can build the trading whenever you want.

of course we should be able to take advantage of the current situation to make a purchase because the current market price is still in the low zone, and don't feel sorry in the future if the market price in the future is able to experience a very sharp increase