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Title: Next peak and trough Post by: Joe200 on June 05, 2016, 04:55:41 PM What will be the next peak? What will be the trough after that?
Pure wild guessing or wishful thinking is OK only if you have been around for awhile. Back your prediction with solid reasoning if you can. I will go first. Peak at $6000. Trough at $1500. This is a wild guess based on eyeballing. I don't place any stock in it. I want to hear your predictions and your reasons. Go. Title: Re: Next peak and trough Post by: Traderx on June 05, 2016, 05:04:19 PM peak 2k , new bottom above 1k
Title: Re: Next peak and trough Post by: zimmah on June 05, 2016, 05:10:19 PM If the peak would be $6000 the trough would be closer to $3000 than to $1500 IMO.
but a peak of $6000 seems reasonable. Title: Re: Next peak and trough Post by: alani123 on June 05, 2016, 05:25:59 PM I don't think that it'd be unlikely for the ATH to be broken again I in this year, there'll just be too much profit taking from late 2015.
Title: Re: Next peak and trough Post by: BellaBitBit on June 05, 2016, 05:39:46 PM My guess
peak = 1400 trough = 750 Title: Re: Next peak and trough Post by: bestluck on June 05, 2016, 05:41:57 PM In the next week another boost will occur and at that time the peak will be at $635 or more and then will come to rest at around $610 to $628,
as it is the correction phase and it occur in any trade we involve with in exchanges of any good and about the trough, i think now the price will rise and rise. Title: Re: Next peak and trough Post by: Super Raju on June 05, 2016, 05:54:09 PM I think Peak at $1000
Title: Re: Next peak and trough Post by: Biodom on June 05, 2016, 05:59:01 PM Peak $4500
Trough $1250 Title: Re: Next peak and trough Post by: Nahl on June 05, 2016, 06:34:46 PM next peak = $1200
trough = $700 i think this is not wild guessing and possible to happen this year Title: Re: Next peak and trough Post by: harizen on June 05, 2016, 06:47:10 PM Pure wild guessing or wishful thinking is OK only if you have been around for awhile. Back your prediction with solid reasoning if you can. You didn't state your solid reasoning. How come we can share thoughts of it. I want to start with your analyzation. Title: Re: Next peak and trough Post by: Miladran on June 05, 2016, 06:52:42 PM peak = 1200
trough = 700 Title: Re: Next peak and trough Post by: rjclarke2000 on June 05, 2016, 07:14:27 PM Pure wild guessing or wishful thinking is OK only if you have been around for awhile. Back your prediction with solid reasoning if you can. You didn't state your solid reasoning. How come we can share thoughts of it. I want to start with your analyzation. He said IF you can give reasoning then do so and he also said his prediction was a wild guess just from eyeballing. Title: Re: Next peak and trough Post by: Joe200 on June 06, 2016, 02:51:15 PM If the peak would be $6000 the trough would be closer to $3000 than to $1500 IMO. but a peak of $6000 seems reasonable. During the crashes, price eventually drops by more than 50%. Even if the initial crash is 50%, during the bear market, it will likely go below that initial drop. Title: Re: Next peak and trough Post by: Joe200 on June 06, 2016, 02:53:29 PM I don't think that it'd be unlikely for the ATH to be broken again I in this year, there'll just be too much profit taking from late 2015. You might be right. Can you describe this more? You're saying people will be selling just to break even? But they see the price finally skyrocketing. They waited this long, and now they will sell? How does that work? Title: Re: Next peak and trough Post by: Joe200 on June 06, 2016, 02:54:50 PM Peak $4500 Trough $1250 This is plausible. Can you say more about how you came up with these numbers? Title: Re: Next peak and trough Post by: Joe200 on June 06, 2016, 02:56:27 PM next peak = $1200 trough = $700 i think this is not wild guessing and possible to happen this year That's a very small drop from 1200 to 700. Would the price skyrocket off of 700 then? Or are you saying it will be a bear market to 700 and it won't rise for awhile. Title: Re: Next peak and trough Post by: ~Bitcoin~ on June 06, 2016, 04:58:35 PM Its better to expect new peak after this 570$ level could be 650$ and may keep pumping till halving but i don't think we will see new ATH so 800$ could be the price of bitcoin on halving.
Title: Re: Next peak and trough Post by: zimmah on June 06, 2016, 05:12:24 PM If the peak would be $6000 the trough would be closer to $3000 than to $1500 IMO. but a peak of $6000 seems reasonable. During the crashes, price eventually drops by more than 50%. Even if the initial crash is 50%, during the bear market, it will likely go below that initial drop. I don't think there will be a bear market. If there's a bear market, it's likely late 2017 and/or 2018. Definitely not late 2016 and early 2017, since the effect of the halving will prevent a bear market. Title: Re: Next peak and trough Post by: Joe200 on June 06, 2016, 07:36:09 PM I don't think there will be a bear market. If there's a bear market, it's likely late 2017 and/or 2018. Definitely not late 2016 and early 2017, since the effect of the halving will prevent a bear market. Good point. So you're saying it will crash to something like $3000 and then rebound from there to another ATH? That should be an exciting ride. Title: Re: Next peak and trough Post by: zimmah on June 06, 2016, 10:31:53 PM I don't think there will be a bear market. If there's a bear market, it's likely late 2017 and/or 2018. Definitely not late 2016 and early 2017, since the effect of the halving will prevent a bear market. Good point. So you're saying it will crash to something like $3000 and then rebound from there to another ATH? That should be an exciting ride. i consider that to be the most likely scenario, yes. Title: Re: Next peak and trough Post by: Joe200 on June 13, 2016, 03:20:13 PM Now that we are moving, any other predictions?
Title: Re: Next peak and trough Post by: ObscureBean on June 13, 2016, 03:50:07 PM Now that we are moving, any other predictions? There is still around a month till the halving, I think we gonna see a steady climb. I wouldn't be surprised if we reach around $1,000. The real question is will we find a new floor at those high prices or will we drop back down because we certainly won't be able to keep this pace up indefinitely :-\ Title: Re: Next peak and trough Post by: zimmah on June 13, 2016, 05:11:08 PM Now that we are moving, any other predictions? There is still around a month till the halving, I think we gonna see a steady climb. I wouldn't be surprised if we reach around $1,000. The real question is will we find a new floor at those high prices or will we drop back down because we certainly won't be able to keep this pace up indefinitely :-\ of course we won't be able to keep this up forever, but we might still go on for a few weeks. especially with the halving coming up soon, and the long bear market we have behind us, there's a lot of potential for a massive rally |