Bitcoin Forum

The market seems to be in state of limbo right now, with a plunge in the stocks market, the crypto market isn't spared either. All hopes of a bull run in 2018 seem to be fading away and if there'll be a surge ever this year, it may just not surpass $8k and that being the highest till year end. What's your take?

All peole who been part of crypto worldwide hopes for the price surge to come, and all of those expectations really create  more determinations to continue their journey. BTC will always remain stronger despite of the bashing and bad speculations, we still support the growing economy. Many adaptations raising over and as you will do more research about that, it won't fail but rather surprise you in the future

People who expect a bull run in 2018 is just unreasonable. We just had mega bull run last year. Building a momentum for such bull run takes time. Most people don't expect for another bull run this year, they just hope that the correction won't bring Bitcoin to previous level.

I'm actually quite surprised that Bitcoin didn't break $6K this year.

Every year market was moving right manner. But this year many unexpectable issues are created in the market. So many peoples are afraid our investment and it is reflected in total market.
All the peoples are says it will reach 10k USD in end of the year so wait and see how it will move in the next month. This year I didn't say anything in Bitcoin prediction.

This is going to be an expectation vs reality, so many good predictions this year and yet bitcoin remains the same. We travel far just to reach this kind of level, and maybe there is really no bull run for now but it doesn’t mean bitcoin will not pump again. Good things will happen unexpectedly, let’s continue to support bitcoin and slowly we will rise again.

A whole year correction is very normal, especially in stock market and maybe bitcoin is just like a normal market now. Hype no more as many people are now educated enough to deal with bitcoin.

That's an honest opinion regarding the 2018 market. Analyzing on where this year is going has been judged already by most. There's no bull run for this year and its slowing fading and no light found on it. Give all the bulls on 2019, this year isn't the worst but its a year of preparation and stocking up.

I think no one really expects Bitcoin price to rise within the rest of the year anymore. In fact, some people aren't still sure that the price has already bottomed out. In my opinion, there will be some months of accumulation before any significative move to happen.

I agree. I think there's still a chance that we might see another rally around december once Bakkt arrives, still, the surge in the price won't be as big as the one from last year, but it'll be some much needed upward movement after a long period of accumulation.

If there's actually a surge in price before the end of the year, it'll be interesting to see if there's enough momentum in the market to push the price up so that we can test the 5-figure marks.

sometimes, the fall of fiat and the collapse of stock market will result into gains in crypto.  everyone will take their funds out of stock market and exchange their fiats to crypto.  but the recent woes in crypto world, like hacking and security concerns and price manipulations, are hindering these people into investing to cryptos.  the whole crypto must let the people fee secured and groups must do more in alerting people regarding hacking and scamming activities.

Just Hold what ever happens. All Market will recover very soon as we are on the stage of euphoric soon. JUst buy btc and hold, as their saying Short the bankers Long to bitcoin

I think so too, it is very difficult to reach ATH and that will not happen again at the end of the year or earlier this year. BTC remains stable in the range of $ 6k - $ 7k, indeed there are many people who hope the bull run will come soon, but it seems not and what usually comes is just a pump.

BTC and the market will go back to old highs and higher but that looks more likely to happen in 2019 now. HODL is the name of the game for now.

It is now expected that BTC will increase the price, but the exact time is unknown, so I think we should wait patiently until 2019, the market will soon recover at that time is the opportunity. Give us success.

And maybe the surge will be less, here the main question is to break the bitcoin level 7k by the end of the year or it will be next year.

The more that we are thinking, hoping. wishing and even praying for that elusive BULL RUN the more it is running away from us. The probability of a bull run this year is now getting dimmer and dimmer and it looks as if we might as well be thinking of the 2019 when it can possibly happen (even then in my opinion I think 2019 is just another waiting year). No one can really know for sure when can all the positive predictions about Bitcoin and the whole crypto market be coming. So what we could do is just to wait and wait and wait...

Many people are hoping for a bull run year, but no one can predict this. It's still long to get a bull run because this year won't happen, it's better to keep monitoring the market and trade like normal so that you don't think about bull run too much.

Currently I still hope that BTC will increase, in my opinion, we should wait until the end of 2019, the price of coin will be able to rise so that we will not be late, if sold now Low prices will be more difficult. so sorry for us.

it is not limbo it is accumulation phase. and if you take a look at the market you can clearly see that the whales accumulators are hard at work buying bitcoin at the  current price and keeping it from rising up. each time they place sell orders on top to prevent the rise for the time being. and that is all pointing to a signal for the upcoming rise.

We're definitely at the accumulation phase at the moment and with all the news filtering into the space, just like this one

https://i.imgur.com/noOZlDs.jpg

We might as well be looking out for a bull run in 2019

I see two options for the development of growth.
1) Uniform increase.
2)A sharp break down and even faster up.
It is unlikely that we will sink even lower.

That's right, I also don't see a big surge that will occur this year. But with the increase in the price of bitcoin up to $ 7k or $ 8k it will be enough to make me satisfied and will make it the basis that Bitcoin is still able to show a large increase in this downturn market.

At this point if you sell Bitcoin it will be a very foolish option and I believe buying Bitcoin at this price will be perfectly good for long term investment. Most people believe that by the end of 2018 the value will increase but that is the opposite and I am sure 2019 will be the right time for people to make a good profit.

Although Bitcoin has increased in the coming time, it still can not escape the downtrend. BTC will end in 2018 with the price below 7000$  is definitely for me at this time. Any hope of a bull run or bull market at the end of the year is unlikely to come true

 

This market is unpredictable and we can not be sure what will happen with the value of Bitcoin. Everyone is optimistic by the end of 2018 the value of Bitcoin will increase but it is going against our beliefs. I believe that this year is not a good year to invest and we will have to wait for a long time

that's right, cryptocurrency is always difficult to predict because what happens in the future is always beyond our predictions, this year is proof because everyone believes that this year the cryptocurrency will be stronger and the price of bitcoin soar higher, but in fact this year could be a year worst.

Now everyone is expecting a lot in the BTC coin, because ETH is constantly decreasing, only BTC is likely to increase in the next time, if buy now for $ 6400 then the end of this year Can BTC increase to $ 8000

I agree with you to some extent and the remaining days of the years may not show us any serious bull run. Investing in stocks and cryptocurrencies this year is not all that favorable and bitcoin is the most hit.  We are the time when it seems another financial crisis is about to commence and since this is just the beginning we can not really tell if cryptocurrencies market will be the most hit or if cryptocurrencies market will benefit.

when viewed from last year bitcoin experienced a tremendous increase in prices, perhaps investors hope to be able to get a big enough increase like last year but still our beliefs are very much needed in investing

may need to change the strategy for the development of cryptocurrency, and especially Bitcoin. If there is no interest of users of cryptocurrency or investors in the use of Bitcoin, it will be very difficult to recover in a hard currency market. We need large amounts of investment and the actual use of Bitcoin for practical purposes.

Don't give people an assurance that bitcoin will pump that way. No one knows if bitcoin will hit $8,000 by the end of the year.

Right now it is not $6400 but $6,100 - $6,200 and this is a better price than few hours ago. It's only applicable to those people that believes that bitcoin will rise in the future and has that belief. Everything is unpredictable so just leave your coins, hold and keep calm and don't panic.

I'm still hoping that price surge will come sooner or later. Let's just not lose our hope. The thing is it happens very unexpectedly. We all have our speculations regarding to the price of the bitcoin. let us just wait and see what will happen in this past few months.

Right. I think this is caused by a lot of negative issues that come out accompanied by many investors who are holding back funds for crypto, I think they are compassionate in the stage of overseeing the movement and ith to take speculation that can harm

We can make this bullrun happen if we all think the same and start buying bitcoin from now even though with a small amount of money, spread this good news in your community and let's make new history in our financial world.

let's see what will happen tomorrow, but I see for today there are no visible movements in the bch chart.
I became stressed whether bch could make the market grow again with its hardfork

I stopped following all those hopeful analysis on youtube, telegram with news, they are just looking for traffic. What matters is the price on coinmarketcap. The hope toward the end of the year is draining away and we dont know where to look or what to do?

I also did stopped following those because it just makes me uncomfortable. We really need to trust that everything's going to be okay. Let's just hope for the best to happen before the year ends. It will not help us if we believe those what others are saying, no one knows so let's just hope for the best to happen.

I think it will be great to see $8k by the end of the year, but it's unlikely. I do hope that the market will recover by summer, since it's really depressing to see these prices. It is also unfair, because nothing happened that should have caused it. Apart from the hype itself, perhaps. ICO bans and regulations had nothing to do with the top cryptocurrencies, but the latter still suffered due to a big amount of new investors that got attracted only by rapid growth. I am for stabilization with smal cyclic fluctuations, but I think it would be fair for this stabilization to occur at the last ATH, because people have to get their money back.

$8k at this point is a very long way to reach to be sincere but not impossible as things can change overnight. My take is just to actively contribute to the market in seeing our expectations because it won't happen by magic or else we want to subscribe and be expecting one huge "pump" and give one person or a group of people the credit of being responsible for the turn of events.

You have analyzed it perfectly. Those youtube analysts are only giving their opinion regarding the market, I watched a couple of them before and loving the encouragement and optimism they've got into the market.
But they have disclaimer that it isn't a financial advise and its only their analysis and everyone is free to hear and ignore their words. You'll see that everyone is going to buy back and this is the best opportunity for most.

My take about the current price movement of BTC is that, whatever happens, it happens. It is already expected to be in a state like this. Many people are having fear engulfing their emotions, resulting for them to sell their positions. As for me, I would buy as much as I can because the price is so cheap right now it could even fall to $4k. But, I still believe it would go up and it would not forever stay at the bottom.

A good time to buy? maybe as there are some miner issues (not typo). From this tweet- https://twitter.com/RamenofBinance/status/1062695905768263680/photo/1. So you can bag as many for the speculative that it will go back to the stable price of around $6200-$6500  ;D

I think we are in the verge of almost bull run (i hope it is) but if my prediction wasn't right then we are going back to super dump of bitcoin again. As what they have speculated it does break a -1000 for just a short period amount of time.

Do you guys think it's just a price manipulation because of that almost perfect breaking of -1000 to the previous price.

With this latest development and update of Crypto market in which still in difficult to understand then better if we forget about this bullish run and move on with this current real demand now as the new support. It is better to have this surge unexpected than keep of waiting big that might just make you to be disappointed in the end.

How do you break through the level of 6k, which was practically not predicted by anyone and was not expected. Well, we are waiting for a record low of 4k, I don’t see any other way out.

This is quite possible as many big players would be buying at this price and may sell in coming bull run. So this actually becomes the buying times with the fallen prices as getting 600 -700$ at lesser rate is the time to pick some of the coins along with bitcoin.

And remember you guys all must have watched the latest news ini the crypto and there was a lot of dramas. I consider the very bad drama has created by bitcoin cash. Basically this coin should not be exist. 
Just do another task and forget your portfolios a little bit.

seems like miner issue did some damage. now bitcoin drop to $5600, a 11% drop. i sense great scheme behind. 

Today's conditions seem to make everyone speculate about the increase at the end of the year, but there is something odd because there is a hardfork process.

It has dropped down just a tad below the Sep 2017 pre-boom low; so if it can recover over the next couple of days up to the previous sideways trading range and this becomes a false breakout that would then actually be a very bullish sign.

I was expecting a bull run, but this was based on the strong support level of the last few weeks holding - and this broke yesterday with the big price drops across all coins.
I think the next couple of days are crucial. We need a quick recovery back up to the stable line in order to restore confidence. If this doesn't happen, I think we'll unfortunately see further drops.

The market is now shaking and bleeding again where the $6000 support price broken. Worst case scenario is that it may bring down from $5000 to $5200. I thought that $6000 price will be the strongest support for bitcoin and even those crypto experts were wrong with their speculation. The price surge this year looks impossible now and it i might say that $8000 will be the highest wall for bitcoin. My bet is $7500 to $7800 for bitcoin before the end of the year.

Seems as though there's a huge manipulation going on by the whales and those who're trying force entry into the space, because there was hardly any negative that impacted the price drop yesterday. The market dropped a whooping 12% and that was quite alarming



You should understand that these so called crypto experts are mostly looking for traffic to their pages and sites and as you can see, all their speculations never come to pass.

I hope that this decline in the last few days the market is experiencing a decline in short-term.We can get better results when the short days for investors are short.But I hope you won't lose hope.

I wish that this decline is also a short term, I don't want to think that this will take place for a long time since we're already experiencing it for a very long time.

Don't lose hope, stay to your plan and stick to the market.

Expectations of surges exceeded last year of course,but that is unlikely to reach the end of this year.8K is quite possible cause now its experiencing a decline which hopes also like short term people for the correction.

No one knows what will happen with the prices in few months or years. No one can speculate 100%. Because to be honest, I didn't see anyone predict that the market will turn out like this. However, we are all hoping for the better development whenever we really need money. This thing is still a normal occurrence in crypto.

My opinion is that up to $ 8000 we are still very far away, especially if you look at what exactly today was another drop in bitcoin and he broke the bar at$5500. What happens to the market. However, it will be even worse than I thought.

The red is hurting my eyes  :'( https://www.coingecko.com/en

Bitcoin prices have experienced a tremendous decline, but it is still very possible to reach a much better level. Bitcoin prices will still fluctuate and we can try to be patient with the pump. The current dumping of prices has indeed made a lot of losses, but believe that the future of the digital currency will be very bright. We all have to support all aspects related to digital currencies, it will have a positive impact and we will get the benefits in the future !!!

I also feel the same with you, I think the market will continue to decline from now on. maybe it's really bad to have a little despair, but this is what I feel right now.

looking at conditions like this maybe BTC will break up to 5k dollars until the end of the year, and this is inevitable, hopes fade for a 'rainy November' word and broken hopes for the beginning of next year

With the flash crash yesterday, the hopes of a surge keeps getting dimmer by the minute, a lot of money left the space due to panic sales. But on the flip side, happenings in the crypto space are usually very spontaneous and a bull run could happen within a short while. For me, all hope is not lost still. Let's keep the faith

There will be a hash war between Bitcoin Cash ABC and SV. That will affect the hash rate of BTC, so the price will be affected.

I just give up on expecting on the bull run of market because of the thing that happen yesterday where the price of all solid coins are drop. As of now the price of bitcoin already break the $6000. And then some people predict that the price of bitcoin will really go down in the end of this year but I hope it would not happen because I do not want to start my 2019 with a low income.

I think that this year we can reach the level of 10 thousand, but I do not think that this strong level will be broken through. I think that we will grow till 10 and again drop by 8 thousand

The current value is $ 5500 and will fall further as people are feeling very bored of this market. I think there is not much hope for Cryptocurrency as the downtrend is still occurring and there have been no signs of recovery in the past few months.

Until the US returns its debt, BTC will not grow. Investors do not rush to invest, look at the dollar, most likely, it will fall by the end of the year

Although the market is currently unclear, however, one should rely on further growth of coins. In any case, BTC a strong coin and it just does not lose its position.

With the recent drop in the price of bitcoin many people seem to be very negative about what it is happening but you need to see the bright side, the longer the price remains in the current levels the more time you have to accumulate money and buy bitcoin at those prices, remember those that made the biggest profits in 2017 bought bitcoin way before that.

I hope that in 2018 we will see a change in trend and Bitcoin will exceed the price of $ 10,000. There are many reasons for this. I think in December we will see growth

Bitcoin cash fork is seriously affecting cryptocurrencies market as the price of almost all the coins are falling.  The competition between bitcoin cash and sv is going to be real in some days to come and this is going to affect the price in the future.  I think we are going to see the price of bitcoin cash divided into two in somedays coming.
Bitcoin surging in price may not happen this year again as the strength to go up is very limited and there is a whole way to go down.  I think this year remain the bearish market years and the remaining part of the year is not going to make any serious different.

The bitcoin dump and all the expectation of bull cryotocurrency market was dashed!  The while year of 2017 has been bear party and year is rounding off with the big father of bear in cryptocurrency trading market!

Indeed, the expectation that this year will be a huge year seems to be the disappointing for those who have invested when the market value of cryptos are at their peak. Some already sold their tokens and some people do still hope for a comeback. I'd say holding is more appropriate because obviously, this year is just the correction of what happened last year particularly with regards to sudden increase on crypto value. So probably, next year might be again huge for cryptos.

I am waiting for December because I saw so many predictions about market raising and I am curious which one will be right in the end.

After the dramatically declined of cryptos market yesterday, I think the hope about price surge of BTC in 2018 is impossible. I think with the sad situation at the moment, the only thing you can hope is that the exchange rate will drop further and that is the best opportunity in 2018 to invest at the bottom of cryptocurrency exchange rate.

As far as demand goes there's plenty of institutional investment waiting for an opportune time when the price is right to enter the market so there's likely to be decent support around this price range but a solid upward trend might not occur for a little while due to consolidating positions

I still believe that there will be a surge in the end of December 2018 on Bitcoin because if the market experiences a drastic decline then there will be an unexpected increase thereafter, maybe there are several factors that make Bitcoin grow late in December. no need to look at the current market conditions, because this is an opportunity to buying some coin rank 10 at CMC to get a good profit when the market prices recover.

I have been expecting that in December there will be a continuing plunge in price of Bitcoin because during the holiday many Bitcoin holders may need to encash or convert their holdings to real cash. We will just hope that eventually in 2019 there can be a real bull run that can recoup what has been lost in 2018 though admittedly this can be an uphill battle. Actually this is just part of the cycle for Bitcoin and am sure that many people are still clinging to the idea that Bitcoin's value can be better next year. Let's hope for the best.

In my opinion, it is possible that BTC will increase by the end of this year, but in the coming time, the value of the coins will increase slightly and the expectation at the end of this year will be an opportunity for us to sell. As the market is falling, buying is necessary to hold until the end of the year will be the most ok for us.

Don't on it if the prices are on red.

We can avoid to hurt ourselves by simply not looking to the charts. One good news now is that the market is on going green, some coins are.

Well I believe that you cannot be so correct in speculating the future of a technology that grew so quick. ETH is down no doubt but as soon as the technology gets advanced with the passage of time, the demand for ETH will also rise and it will give profit.

There will always be a possibility, we will not know what will happen in the future. To be sure we can only hope that something good has been waiting in front of us.

and it looks like your prediction missed again, bitcoin is down 5k now. yes this can come back down even further in the next month, I'm not spreading fud. only see from what happened in the market turmoil.
but however I hope the situation will soon recover because I have quite a bit of bitcoin.

I do not think that the growth of Bitcoin will be too rapid. most likely the growth will be smooth and will not give a quick profit. the most important thing in this case is patience

I think that we should invest in Altcoins now and wait for the Bitcoin price to increase to $ 15,000. after that gradually sell altcoins

I really hope that you are right and we see a nice growth at the end of the year, but are you preparing yourself for the possibility that doesn't happen? What are you going to do if the scenario that you are predicting doesn't come to be? You need to have something in store in case that doesn't happen, my plan is to buy a little bit more bitcoin if the price doesn't recover but not much because I do not have that much money to spare.

Although the view is negative, Bitcoin will be experiencing a mini-bottom bull with the condition that it will climb the $ 6000 band by tomorrow night, and the market will gradually recover.

I think this year, all BTC and cryptocurrency holders will be disappointed cause IMO, I believe nothing will change at the end of this year, everyone will have to hold until next year if they wanna get profit from holding. If they wanna cash out their cryptocurrencies at the end of this year, they'll lose a lot of money.

Sadly your forecasts are not accurate because the exchange rate of the cryptocurrency market has fallen again and the BTC rate has fallen below $ 6,000. So hope for the bull run in 2018 is very hard, can only expect this market will improve the exchange rate in early 2019.

I think we may be looking at 2020 for any real hope of a bull run. I expect 2019 to be better than this year (or I sure hope so)... gradual increase, but we may have to wait at least a year before seeing any real improvements.

And just going by past history as a guide. Expecting a bull market before the year is out seems pretty unlikely.

The hopes are indeed fading. Last year where bullrun occured, people have expected this year to be a bigger one but early this year, continuous market downtrend occured which made the market prices at their deepest  at this moment. We are already on the last quarter but situation is getting more worse. So maybe, hopr will be moved next year so for now waiting is all we can do.

I think by the end of 2018, its price will be $ 3k5. That is the truth and we should accept it. The market needs to go down and be adjusted to make the garbage altcoins dead. Then our market can develop in the next year. We need to trust it.

expectations and price spikes are the best news for many to look forward to. now it is in a vulnerable position and this can be used as one of the bad moments because the price surge has not had a sign.

Fantasy is all you guess. While we have not seen any signs of reversal or change, so we will have to endure it further.

Isn't the moment  for crypto and still we even struggling it harder than of previous days.  But even though we have such huge price falls, we still have chances to see green fields in the coming days.
Isn't perfectly work for now but I do believe it will come sooner.

The current situation is quite sad and a little worried that the market will grow red. It is difficult to get full trust from investors, but there is still hope that next month will be able to rise and have a better volume.

Hope of a bull run in 2018 are all but gone. With 5 weeks to go the only hope is that it will go back to the stabilisation prices at around $6500 with the occasional push to $7k. It is the bakkt of 2019 that will hopefully trigger the next big run back over the 10k mark

Honestly i still feel its a bull trap and bitcoin will reach down below 3500$, before real bull market begins...How many of you guys agree with this ?

many people want to feel the surge in bitcoin prices and hope to be able to increase prices because the current price of bitcoin is falling and makes many traders experience a lot of losses, so they must be able to rise again to restore traders' happiness.

No one is talking about the bull run nowadays, because Bitcoin has shocked a lot of holders and traders. We should see the positive side of this dip, which is the opportunity it offers for many new people to buy Crypto at low prices, that will fuel the next bull market. Although we witness very depressing period, but I am optimistic that Crypto market will recover.

I agree with you with the return of bitcoin prices and hopefully in the coming year all traders and investors will be able to smile again with the price hikes of bitcoin later, because there are already many traders who have suffered losses when bitcoin falls

I can only guess that most of us are monitoring the sites where the cryptocurrencies rates are shown. My friend, who has become a trader this year cannot stop to panic. We all have to calm down and be patient.

just calm down my friend, this storm will soon pass and will return first.
I saw the news on cnn.com which might make bitcoin stronger and would come back in December. Ready to hold on for us to return to skyrocketing

My opinion is that no one can predict with certainty the future developments we can only speculate with the development of prices in the previous year, we must be able to take advantage of opportunities that we will get in investing

There are more users now for the Bitcoin and Bitcoin Cash. So the price will be higher in the future.

Now $3500 at bitcoin prices, there are still many people out there who predict prices will fall back to $1500 or more. Indeed, no one knows where the price of bitcoin will return, up and down is very flexible, most of the traders even suffered a lot of losses in the past few days. Maybe $8000 is a very high price if indeed the price of bitcoin will recover, if everyone buys bitcoin at the current price, it is certain they will get a big profit.

The soaring bitcoin is now almost an illusion, and the price of bitcoin will continue to depreciate. This has been discovered by me, so I will not buy any coins now. This time it may take three years to recover.

I think your forecast is too optimistic and at best we are waiting for a slowdown in the fall in prices, but not growth, there are no prerequisites for it.

It seems to me the best way to invest in crypto is to buy when no one is, like right now and then just forget about it. Check coinmarketcap once per week and be patient.

the storm has passed. The price of BTC has already recovered from the recent lows.