Bitcoin Forum

seeing from the bitcoin movement candle the end of August is starting to continue to be pushed up. . .
Does this include the influence of a confusing ETF that sounds good for the community.
do you think this can continue to rise towards recovering people who bought at a price of $ 14,000 at the beginning of last year?

I wonder how many of the people who bought at $14,000 are still holding. I would wager the majority of them have panic sold a long time ago, either never to be seen in crypto again, or to again stupidly FOMO on the way up.

i would not buy in the price like that huge too much risk we all now that there are many panic seller so i will wait that the panic seller win and the bitcoin goes down and buy it and wait again until the price hike.

Maybe I will wait until prices are more suitable to buy because here are quite risky and investors are falling for other reasons.

Well after that big crash it's glad to see that the price is at its continuous uprising movement, this is good news to all the sellers and hodlers out there, now's your time to do everything you can with this price, and I am sure that the price will continue to go up, and to all the doubters that spreaded false news, you are all wrong once again.  ;D

I believed that bitcoin's journey can be so intense for everybody now, and it brought hope to those who had purchased bitcoin at that huge amount of money no invested. If many of them generally been patiently waiting all over bearish market, this time will be their ultimate challenge to hold on and stay focus on their goals. That $14k can be so fast to be achieved if people will have to trust bitcoin and won't ever listen to FUD or fake news that will manipulate us.

I believe that this time around is the bounce back of bitcoin. By looking at the pattern last year, this seems to be the next move all of us are waiting for in bitcoin.

I  think btc market is on the go but $14K target seems high for now as btc had just started to rally. I may believe that $14K maybe able to achieve by the end of this year and it's too soon to meet such target in the next 2 months. Investors are now gaining assurance because of the positive trend of btc in the crypto market and with this up trend, perhaps new investors may able to catch up the market trend and invest in btc.

indeed, the difficulty is to make people believe about the development of bitcoin, but when it happens it is definitely true that you think $ 14k is easy to achieve.
we must support the journey until it becomes a good development.

Nothing is impossible if we try and be enthusiastic. I think the bitcoin will quickly recover $ 20000 as they hit the mold in 2017, which is my conviction for bitcoin market

Yes, that may be correct. Last year many investors entered a market by thinking that they can make a quick money from cryptos. When prices started falling regularly and some government called cryptos has a Ponzi scheme most of the new investors might have already sold all their coins at losses. But I do believe that some of the old investors like us might be still holding some coins and averaging down their prices around 6K so no need to wait until 14K to get back our money.

well, it's good to think positively about the price of bitcoin. but for now, we better see the situation first, because we don't know whether this increase is stable or not. well, but I still hope that the price of bitcoin will be that high this year.

For the current situation, we still do not know whether bitcoin will continue to increase or decrease. And we should look carefully to avoid risk.

i feel all the people that bought below $6k have finally sold off and the now holders of said coin have set their limit higher then their buy to create a 'cost of obtaining' arouond $6k
and those who bought below $6k that have not sold. are still adement by now to refuse to sell below $6k
have now after months of oppertunity and testing finally set a good traders support line of $6k


as for mining. miners cost of obtaining is is in the range of 42exa-69exa which at 5cent a kwh and including the ASIC costs calculates to a miners cost of obtaining range of $6391 and $10501

so miners break even cost of obtaining this week is between $6391 and $10501. so as long as all the traders have set their lower limits to $6k and are not dumb enough to sell at a loss.. then with mining costs being over $6k. we should see a natural rise of good VALUE with no prospect of real value decline below $6k again..

unless foolish people sell at loss below value, (which they have had 6 months chance to sell below a $6k support area)

---

(explaining the simplified back of the envelope math)
hashrate in terrahash:        /14= ASICS used      (because: 14terrahash per asic)

asics used:     *850 unit cost = unit cost             (bcause asics ~$850 per unit)
yearly unit cost:     /655200 = hardware per btc      (spread cost across a years life cycle)(12.5*2016blocks*26 fortnights)

asics used: *0.065= hourly electric cost (because 0.05 at 1.3kwh)
hourly cost *8736 = yearly cost (because 24*14*26 is a year of hours)
yearly cost /655200= cost per btc of electric

hardware+electric= cost per btc

---

42,000,000   terra hashrate
3,000,000   asics used
$3,891.94   hardware per btc
$2,500.00   electric per btc
$6,391.94   cost per btc

69,000,000   terra hashrate   
4,928,571   asics used   
$6,393.90   hardware per btc   
$4,107.14   electric per btc   
$10,501.05   cost per btc

maybe it's one of the worst effects of the year, many of whom don't like the development of bitcoin so far it has been dropped in such a way that it is detrimental to investors.
but it's true you said, when the investor is smart to manage it, it may not be necessary to wait, but if the investor returns to the price, then it can be ascertained to improve again.
I hope there will be a lot of surprises later in the year.

World may see ATH in this year again. SEC will reconsider bitcoin ETF on Feb, 2019. So IMHO October to February will be nice time for crypto. But only potential project will survive and scam preject will be vanished due to advanced regulatory measures. So be careful before you invest into anything

All who bought bitcoin for $ 14 000 need of course to sit and wait for to step over this mark.The latest news suggests that there is every chance of success.Although it is certainly impossible to make guesses in the crypto-currency, but I am not without optimism and I see reality in my eyes

If the same price movement of last year is going on then very soon we will see a massive price movement in BTC but be carefull with altcoin as everyone knows it, when btc is moving up then everyone will start to sell their altcoin and want btc to sell on high price.

I really hope BTC can increase again. But look at reality in my opinion based on technical analysis, this is only a correction in a long downtrend period
It is difficult for Bitcoin to grow again in a short time

Market movement is indeed experiencing a change even though slowly but surely, and this is the best news if bitcoin will continue to increase above $ 14,000 and hopefully there will be no more fake news trying to drop bitcoin.

draw a line from novmber 2017-february 2018.. and then between those dates. cut off the mountain above th line.

now you will see a simplified view of where real value is.
forget about trends and patterns of the hype(ATH) and stick to the thought process and logic of the bottomlin value.

think logically.
when a group of people sell at $4k last year. the new group(the buyers) get it for $4k and wont sell below $4k
kep that in mind. let it play around in a analysis of volume traded for a year. and eventually youll se that those holding bitcoin eventually round their option to sell to not go below $4k.
then as we approach novmber 2017- august 2018 there have been 9 months of oppertunity for those that would sell above $4k to sell above $4k.
eventually as it swaps hands all those wanting so sell have sold and this creates a support price of above $4k. and by august with thee 9 months of viable oppertunity. the comunity is now testing a $6k bottom.. which has held quite well

also with mining costs due to hashrate increases have miners who would now refuse to sell for less than $6k too
if the hashrate went below 40 exahash again in th future then those miners would see profit below $6100.
so as long as hashrate stays above 40xa from now on even miners wont sell below $6k

..
as time goes on hashrate rises, miners increase the minimum limit of what price they will sell for. and traders swap coins and set new minimums too

no one can predict the next ATH.. but it is possible to analise the LOW. and we are at the low range which over time will go up

in short. the correction has already occured and we are no longer at the top of a mountain but standing at ground level

I have been searching for some good news that might have sparked the increase in the price, but nothing really stands out. I

presume someone might know something and they started buying before the news break. I hope my logic is solid and that we

might see some real good news soon.  ??? Last year the price went up suddenly before any real news were being circulated on

Social media. {Alternatively this might only be a small pump.}  ::)

This option is possible and it will mean a trend change ! Wait !)

after stay at 6K and only hit 7k today you think it comeback to 14k soon?

i don't seem to see anybody asking this but why $14000? is it just because you bought there? because i don't see any significance to this particular price. the main resistance is at $10k which was tested before, twice if i am not mistaken, and breaking that can be significant and the "road" is to that price. beyond that i don't suppose rising is that difficult. it would be a drama-less rise...

Btc wont fluctuate this year, its surely that it will go stable and will go stagnant for this year. This thing etf and baakt is very known and very rampant in all crypto lovers. Having either one of them will surely take another step of bitcoin and would surely take a catch to big investors. These are the thing that mostly crypto enthusiast waited to happen. There are lurkers who wait that to happen and make a move if the time is in sync

Yes, today Bitcoin price reach $7000 show the good news. However, the road to $14000 is very difficult and I think it can't reach in this year.
We have to wait a huge money flow in.
Anyway I guess anybody here also looking forward Bitcoin reach a high price :)

I always hope the market will recover at the end of the year and the price of BTC will go up, but the possibility will not be fast, maybe $ 14,000 will be the end of next year

novebmer 2016. blockstream and associated dv groups got contracted to do all they could to get the ball rolling for segwit to then get the commercial network started that is currently known as LN. so that private corporate investors can start making their funds back.
the blockstream devs had a years contracted deadline to do so which expired november 2017 and because they did as what was asked they would had a tranch of funds released. greg maxwell also found the best time to leave once that contract expired

come november 2017 and blockstream done as requested and all the corporate investors and bankers behind DCG.co/deloites pwhc and others funding them got excited that their commercial network had got the green light.. so with it all set,the  corporate investment hype began.
thats why mid november 2017 you noticed the mega hype start.

as for this year. the correction period of january-fabruary has subsided.. the hype spculations has chilled off.. and prices went to their bottomlines.

since february there has not been much hype causing price movements. so prices have been moving between the ranges of 'cost of obtaining' and now in august even with no hype. we should start seing a natural underlying increase based on pure cost of obtaining as we have literally hit bottom.

no one can predict the next hype ATH. but we can see a nice smooth incremental increase (bar some variance) over time

I will be waiting it patiently till bitcoin reaching new ATH, also i hope bitcoin ETF sooner will be accepted, we need more instutional money to make bitcoin price climbing to next mountain :)

I think a lot of people will hope for that. But it is hard for the price to reach $ 14,000

In my opinion, it's still too early to expect, the sudden increase of price is a good news, but we can still expect a sudden fall, whether it's big or small. But if it will rise continuously, then it'll be a good news for us, but let's just hope for the best, I'm also hoping that it will rise again.

I just hope it won't stop at 8k or even 10k like it was last time, we had a bulltrap and the price went back to 5800$. Let's show those who sold lately that they were wrong.

fail 1: "wait until ATH"
while at ground level.. buy some at a discount.
fail 2: "wait until ATH"
when a price is going up. its jsut going up.. its not declared a new ATH until AFTR it hits. meaning by th time you realise a ATH happened.. its too late.. (its already going back down the mountain)
fail3: ETF institutional money
institutional money does not go into bitcoin when a ETF starts.. it goes into SHARES of a CORPORATIONS trust fund. wherby the corporations trust fund is ALREADY filled with bitcoins it obtained BEFORE making a ETF application

meaning the btc in a ETF that has ben applied for have already been bought. the ETF wont be buying any more bitcoin. and investors will stop buying bitcoin and start buying shares

I agree. Maybe this will be the btc stage uptrend
why? - " I just hope for positive signals. ETF may be accepted and that is part of the reason why the btc can increase "   :)

It may only hardly touch $10.000 for me, $14.000 seems very difficult for this year as long as nothing big like ETF does not happen. But there is big opportunities for traders as always.

they all sincerely hope that other bitcoins and altcoins can increase as quickly as possible, because there are so many people who complain that the prices of bitcoin and altcoin have been reduced for several months, and even then many have sold part of their assets, probably because there is an urgent need not there is. Another option is to sell part of it to meet their needs every day, so hopefully by the end of August and the beginning of September this will be the start of price increases for all crypto.

Look like you bought bitcoin at a price of $ 14,000 and now you expect the price of bitcoin recover to be priced at $ 14,000. Currently, I do not believe bitcoin prices can reach $ 7000 again because previously the ETF was rejected by the SEC for the umpteenth time. However, for now the price of bitcoin returns to the price of $ 7000 after being bearish in the past and to predict to the price of $ 14,000 I think it takes a long time maybe later this year.

Don't want to sound too optimistic but I just need to remind you that last year recovery of Bitcoin, started exactly in the end of August, beginning of September.
History repeating itself hopefully ?

Im pretty sure that you're one of the people who bought at $14,000 early this year lol

I don't see any reason why expecting the value to return in 5 digits when the truth is $6-7,000 is good value to make a living err.

Specially now that bitcoin price is constantly moving,ups and down.so enough reason to learn to make money from this

If the price increase last year recurs then you have to be careful with altcoins because everyone knows that, when Bitcoin moves up then everyone will start selling their altcoins and want to move their assets to Bitcoin, to sell at high prices.

Nothing is impossible.

I think not. Bitcoin will reach the moon and will cost more than $ 20,000, but definitely not in the near future and maybe not even next year.

We're not sure about that, there are possibility that it takes longer to see the Bitcoin starting recovery.
Almost all people here are hoping for the recovery of bitcoin and also in the market.

Until September 30 and considering the main ETF, Bitcoin's price will not be constant growth, it will be a swing.

Actually it like to me going to Bitcoin price 10,000$ good time for me but seams is very difficult to touch 14,000$ around.but if make price always increase then is possible normally.but I hope it will be touch 14k end of the year.

Those who buy Bitcoin for $ 14000 are very worried about their wallets. The Bitcoin price is currently around $ 6700, already too low compared to last year. However, I think they have to wait long and can not accept half the money. Bitcoin will not be able to easily disappear, because it dominates the electronic money market, all the turmoil of the electronic money market depends on it. And you know, electronic money will grow.

I think we will definitely see the worst 10 12k levels this year. all you have to do is to take lessons from previous mistakes and not repeat the same mistakes. Because we all continue to make mistakes because of our ambitions. I hope these rises are good for everyone.

It will but for me it will be in 2020/21 when almost all of the bitcoins will be mined, for me this time will make big pump and price will go to the moon.

Yes and this news is great.People are waiting for this moment from a very long time now.In 2017,bitcoin had almost reached $20,000 and had created new records and after that the prices fell and are not able to recover.But now the prices are increasing slowly and the demand of bitcoin is also increasing in the market.The investors have also started receiving good profit rates as the price is rising.People have held their bitcoins for this time only.

Bitcoin have finally break the $7,000 mark after two week of stability at $6,700. Now, the road to $14,000 shows some positive signs. Those who hold their bitcoins for almost a year, here are the signs that might give you hope. ETF rejection or approval will not matter anymore. Here comes the green market.

I think it's possible. Why not? Bitcoin rose from $ 600 to $ 20,000 in less than a year and a half, an increase from$ 6,000 to $ 14,000 is quite possible.

I think there's more than 14,000 $ predictions of so many people because people are thinking about it in my forum what happens when bitcoin price is stable in the future.

everything can happen, nothing impossible more and more people who know crypto can not be denied the price of bitcoin will increase easily

Bitcoin is recovering nice and slow for the past two weeks. Investors who holds their bitcoin would be very glad to hear the news. They just need to wait a bit more to recover their capital. $14,000 means a 100% increase from today's value. Are we seeing the same scenario as last year?

This is a speculation we really dont know how the market reacts like what happened early this month the price raise up and then returned to 6k plus so it is better to wait until it happened.

Bitcoin price is slowly moving up. Currently, its value rests at around $7000. Still, half the price where you or anyone else bought it early this year amounting at around $14000. Considering a short time frame, I think it is nearly possible to breakeven this value or rises up a little bit at end of the year.

   If those people that bought bitcoin at the price of $14,000 still holding their bitcoins maybe they will recover it before end of this year. Even  it is just speculation of price but i believe that it will happen soon. Now bitcoin keep on increasing i hope it will rise continuously.

I agree.This btc price development will have all its chances to continue pushing its price until it reaches maybe $15k-$20k before this year ends.Although bull run maybe impossible to happen this year,but i think the little increase today is already a good sign for bitcoin which means that is not doomed for its downfall.

Let’s hope that it will rise even more than $14.000. This growing trend seems to be profitable and stable, however, let’s wait until it stabilizes at higher prices

I believe that  btc is on the road to recovery and you can check it out at coinmarketcap that it is on green zone meaning a positive trend. To reach $14k goal within  the year may be feasible to happen and perhaps if this eft issue would make a positive result,  then I think it could make an impact on it's market price value.

Well it just moved few bucks and I think its too early to celebrate.

IMO, no.

It's half way there but we have to go through and see each increase first before moving forward to those prices that we wanted to see. Maybe yes or maybe no. If the bull triggers, we may see it more than $14,000 soon.

Bitcoin will definitely go higher or closer to its peak for last year but we can’t tell when. People have been discussing and predicting the price of bitcoin for a very long time now but just a few get closer to the actual price within the set time frame. If bitcoin will go high again, then we need to work hard as a community of bitcoin supporters and it may surpass the $14k mark before this year ends.

I don't think everyone who bought bitcoin at 14K still has the same amount of bitcoin as of now. Some might have sold out of panic while others might have bought more BTC at lower prices to make up for their losses. BTC could easily hit 14K or more despite the ETFs effect.

bitcoin is starting to recover itself slowly, we don't know how long this will continue and hope a big jump will occur, but returning to $ 14k might be quite difficult because the movement is now very slow, but the opportunity is always there. We are waiting for the bull market which is predicted to take place soon.

Yes, I think that the bears are retreating and coming bulls. The level of the bottom at around 6000, now we go to the level of 7000-7200, if it breaks, then go to around 8000. And here the main thing to break through this level, if it turns out that we go to the level 10-12000

That depends on the patience of those who bought with $ 14,000
If they have realy  believe in the idea, they will profit and return to the game
If they have panic, they will lose everything
And they will be vengeful on BTC.

It's not tough I think btc price any time growth in 14k but now don't have enough market volume. Now see many news that tell btc price growth.

It went back to 7k, so I guess its a good thing, unless its all for a preplanned dump.

I can't really tell if ETF influenced this, I hate ETFs, fuck that shit, but ETF probably didn't have anything to do with it, because all of them thus far got rejected. If anything , dumbfucks should be dumping bitcoin, for they are mad at ETF got rejected, even though there's no correlation between the two.

Little by little the price of Bitcoin rises. Of course, it will add to our confidence as a coin holder. And hopefully Altcoin also goes up in price, especially ETH.

If bitcoin this year will return the price of at least about 13-14 thousand dollars, then this will allow many to sell it and minimize its losses. At the same time, now is a great opportunity to buy a cheap bitcoin.

Many people are bought bitcoin more than 14,000 dollars in the last year. Most of them are 20k dollars but if you want to get your back your capital you can wait to pump again the value of the bitcoin how much you bought or wait more than that to earn profit too.

Most of these questions can be answered with time. We have so far been able to use $5800 - $6000 as a good support and then some upward movement for now. Before we can start assuming the possibities of $14k, we will first need to break out of the edge formation from previous lower highs, which should lead us to $7500. For the purpose of a failed or fake breakout, I would rather wait for us to push past $8000 before I can start sharing any optimism.

Yeah, and $14k wasn't even the high.  There are people who bought bitcoin right at the top, at $20k or whatever the actual high was at the time.  On those trades, people were making both the best and worst decisions, and that's kind of amusing to me.

I have some confidence that we'll hit $14k again, but I'm just not sure when it's going to happen.  Nobody knows that.  What I do know is that bitcoin is far from dead and that what we've seen in the past year was not a bubble.  The price went up too far too fast, but if it was an actual bubble I think the crash would have been a lot more severe.  $7000 really isn't bad at all, considering that in 2015 when I first bought bitcoin it was at $400 or something like that.  Wish I hadn't sold all of that, but I did.

Regardless, to reach $14k bitcoin has to double.  That's no small feat for any investment.  I don't want the price to shoot straight up like it did last time, because those types of gains aren't sustainable.

Honestly, I have a feeling that the price will decrease back again. This feeling is not stated by facts. But my hunch is telling me it is just temporary because a week ago, it did grow then it went back to normal. But I am an optimistic guy. So I hope that my feelings are wrong and I hope the price continues to raise. And even if the price grows, I do not think it will reach $14k. It is so difficult if you ask me. Bitcoin is unpredictable, it is not guaranteed that it will reach that price.

Lets not get ahead of ourselves, you do not get a $14k bull run with just one tiny jump in the price, that requires a lot more increase in price in a lot more time, tho you need to either stay above the threshold and always be green no matter how small it is or you need get there asap like December when bitcoin was around $20k on December 15 but $13k on December 22, it went up crazy and went down crazy, so you gotta ask yourself do you want a bull run that is quick and goes down afterwards or do you want more stable bull run that goes up but stays there for a longer period of time. I say lets just take it step by step and not rush it this time so we won't be upset in the end.

Absolutely. The people calling for another big bullrun are missing the point. Last year's bullrun was pure speculation, and the subsequent crash, although difficult to predict exactly when it would happen, was inevitable. Another bullrun that steep would follow the same pattern.

If you want sustained growth, it has to be because of increased adoption rather than speculation, and it takes place over years, not weeks.

The road for Bitcoin according to two influential market analysts is expected to give us high returns even around the $25,000 mark. One of the reasons, behind this market bull, as suspected by Tom Lee is the surge in the number of banks because of the business opportunities. Robert Sluymer also agrees with this bull market on the rise but his argument is based the mining cost. Anyways, these are just one of the many perspectives of the possible routes BTC is expected to take.

The full article as published recently here, and I hope you find it useful:

https://smartereum.com/3351/bitcoin-price-predictions-2018-bitcoin-will-reach-25000-in-2018-and-125000-by-2022-bitcoin-price-today-tue-aug-28/

14000$ is a goal I see it can go up in 2018. Many post and people are hoping for a historic pump that makes the price go up more than 20k usd and in fact it is impossible.
I am fairly sure the market will end in 2018 and Bitcoin will reach a price of 14k usd or less

I could not just agree more with this statement. A little growth in price these days does not really count and does not mean the bear trend is totally over. If it is by some quick push-ups in a short term, I would assume we should have tested the $14k by now if it is just by upward movements only, and I can count number of times we keep putting on the chart a lower high statement and we are not even out of it yet, while some people are considering the possibilities of $14k. It might come and it might not, but my own here is that, it is too early to start assuming where the market ends.

Let’s not quickly start jumping into conclusions yet. The candles could have shown some good signal, but we all know they tend to change quickly and rapidly at times as well. Apart from that, the only way the sentiment in this market can change presently towards a bullish one, then we would have to be able to break past $8k with good volume, and by then, I would say that is a very good sign to expect probably $14k, but for now, I would not expect so much.

I also thought it would be like that. there may be a price increase in the future, but I feel that the price of bitcoin will be below the $ 14,000 price for now. well, for sure, we have to get ready for the next price increase.

Every is expecting that the price of bitcoins could actually pump up again just like what happened last year and that is the reason why you should invest a huge amount today.

However, I think they have to wait long and can not accept half the money. Bitcoin will not be able to easily disappear, because it dominates the electronic money market, all the turmoil of the electronic money market depends on it. And you know, electronic money will grow.

reaching $ 8k first too we have to see a lot of possibilities, besides the volume is definitely also a trend up if indeed all support me also agree to go to $ 14k can still be expected.
I am quite difficult to analyze the candle now.

the price can not even reach the $ 9000, can will reach the 14000? I think not. Even if an ETF is approved on September 30, it will still be very difficult to reach $ 14000. Better to be patient and wait for the next 2 years, because it is more likely that in the next 2 years it will be possible to see prices of more than $ 14000. I also bought when the price was $ 17000 and had to sell with losses and invested in an altcoin that made me recover my losses. it was a lucky move.


do not believe these analysts

Now ETF news get cleared then we can expect Bitcoin bull run to come but by then we can see more positive news if Bitcoin react to those news thereafter we can see bitcoin crossing at least first major break 8000 dollars price mark

Can you share in which altcoins you invested to recover your loses when entire market dropped hard? Some of altcoins dropped harder than bitcoin, more than 10 times of its price. I think we are on the road for higher prices than 14,000$, with that I agree with you, maybe we need to wait next 2 years to see that high prices but that will come, we have very high new bottom and we are ready for making new all times high in the future. I wouldn`t trust analysts and experts, many people say a lot of things, its on us to recognize what is truth in so much garbage. Make your own analyses, make your own predictions, even if you make a mistake you will handle it, its yours, but if you trust others too much you will end up losing money all the time.

The market has been positively going up in the last two weeks. And it will continue to go up in September. If Bitcoin wants to go up 14000$ then BTC first need to pass 7500$, if the BTC gets this price then we may think that the market has short-term recovery

Please forgive me for my English is not very good!
I think the price of Bitcoin will continue to rise, and its rise is not only affected by the ETF, because most investors have begun to convert the altcoin into bitcoin, which is why it is rising!

Currently, its value rests at around $7000. Still, half the price where you or anyone else bought it early this year amounting at around $14000. Considering a short time frame, I think it is nearly possible to breakeven this value or rises up a little bit at end of the year.

If everyone is expecting that, I hope they will not end up getting their hopes dashed in the process, because this year is totally different so far from last year. Last year was categorically owned by the bulls and we saw how well they were able to drive the market hard upwards, so, we should not think bears will not also try to do the same and it totally depends on how strong the market is as well as demand based on some strong news, that can make us not go lower than we already did.

I hope so too, we may even surpass the 14000 USD before the year draw to a close, some persons are still hodling the 20k USD bitcoin, so it need to surpass its previous highs

$14k would be a pretty good achievement if we are able to get luck on our side in this market as nothing really warrants it unless the whales and manipulators feel they want to drive it all that way up anyway to their advantage and then continue with the downtrend thereafter.
Like you mentioned, and with the huge bearish sentiment in the market, I really do not see this market having a serious movement upward that could shoot us as high as $14k but at the same time, no one knows what the future holds.

I think they have to wait long and can not accept half the money. Bitcoin will not be able to easily disappear, because it dominates the electronic money market, all the turmoil of the electronic money market depends on it, and you know, electronic money will grow.

I think they have to wait long and can not accept half the money. Bitcoin will not be able to easily disappear, because it dominates the electronic money market, all the turmoil of the electronic money market depends on it. And you know, electronic money will grow.

I believe that bitcoins will pump up again before the year ends just like what happen last 2017 so keep on holding your coins or invest even more today while the market prices are still low.

You are all aware that cryptos respond to news very quickly. However, for FUD /Fear, Uncertainty, and Doubt/, the market reacts much faster. Many have sold in the past under such pressure, so the price went down sharply. Just as negative news is affecting the price, it also helps positively to increase the price of bitcoin. The price of 14k $ is not an extremely high value, we can get that value in the near future. I believe that the investment of those people who hold bitcoin will return to them in the future.

Definitely $14K will be a good achievement, actually the range of $10K-$14K will be a good incentive for everyone at the end of the year. We have suffered from this bear market so its about time to get at least even in 2018.

But I see that we are going to struggle and we might not get the chance to see the price hitting $10K. SEC will keep delaying their decision and this will have a huge impact on the market. Because everyone is waiting for that decision because they know that once it gets approved fresh cash will pump the ecosystem again.

Well we'd be lucky to even get past 10k i think. There's probably no question about an end of the year run, but people who bought in 12k and above may have to wait the year out to break even