Bitcoin Forum

I'm calling it.

Pessimistic outlook: $1k end of 2014
Optimistic outlook: $3-4k end of 2014

Let's hear your thoughts on this.

As a fellow bull I think those are reasonable numbers. A bear would be quick to state $100 or even less as their pessimistic outlook for the year, while their optimistic view would probably be in the mid 300's. You should at least attempt to provide some support for your numbers though, if you're "calling it" as you say.

I think $4k by the end of the year is not out of the question. However, I would have to disagree that *this* is the start of *that* kind of rally. But we'll see, I suppose.  8)

Let's not get ahead of ourselves.

All I see is a minor correction in an otherwise undervalued market.

Let's get back to 4 figures before declaring a rally.

+1
it still might be a false breakout

I'd say by the looks of momentum on that massive $17 move, that that's a very good possibility here. Maybe one more leg up to retest the high, maybe get a nice negative divergence on it.

Then get ya shorts on!! :)

this is still just $10 up. I'll begin to call moon only when we pass the 500's

Of course, i could be blind too. i will call moon when we pass 2000's.
Thank for your input anyway.

Realistically, considering a rally happens in July or August or so, and the rally corrects itself to about 2 times the price of the previous ATH, (which it has done so many times) the price at the end of 2014 should be between 2000 and 2500

I meant I will believe in a sustainable growth after the 500's broken for some days

Wrong on so many levels.

I'm calling it:

975 by the end of september

1773.66 by the end of this year


I have calculated this prediction by drawing quality lines and it has a 0.37% chance of being correct.

Between $500 and $2k at the end of 2014.

The beast shall not be awaken until it touches the last ATH.

My thoughts?

GTF and come back when you have something better than a bag of fluff you have just pulled off some fkn shelf.

I agree, OP is legit.

$2k by the end of year is quite optimistic but not impossible as we have seen BTC breaking trends every year .

Yeah 1k is a pessimistic view, really little chance that we wont see 1k again.

Price isn't just moving today its JUMPING. Still too early to tell if it's the true start of another big bull run, it sure feels like it!

flying if its *that* rally, but I think we wont see that kind of rally till Aug.

buckle up.

2k IS the trend

Thats what you would hope, but I think this year will be slow. If it stabilises above 500 for the year it will have done well.

"bitcoin" and "stabilises for the year" don't really go well in one sentence.

This thread adds no value to this section. But, yours neither. You should be blind not to see that something has changed in the current trend. Why wait 500.

And someone said that it will stabilize above 500, it s like saying that it had already stabilize above 260. That comes from someone who doesn t understand bitcoin and his deflationnary nature.

Thats true, but I have a negative short term feeling. So if it stabilises as opposed to going down I will be happy.

I'm nervous so many people are already talking about a rally. In Nov we were at an ATH before people started getting all excited...

Yes and probably this year it will take some months more to be able to see a rally like in the past year..  historically there should pass like 5-8 months at least to have a new rally.

Folks are simply excited to see a true bull market again. Agreed that we shouldn't be talking about ATHs yet. Far too early.

November was 6 months ago...

Archer....love that cartoon. Oh yeh back on message, rallies need volume this one has ticked up in volume but not enough to sustain it yet. I prefer peoples optimistic forecasts here ;-)