Bitcoin Forum

Today we are seeing a very interesting picture of the cryptocurrency market. Bitcoin shows fast and sharp growth, and altcoins now look very bad.
I want to share my opinion and how I see developments in the coming months in the cryptocurrency market:

Now, most news telling that Bitcoin for the first time in 1.5 years has overcome the price of 10 thousand dollars and this suggests that now many people will go to buy Bitcoin and FOMO will come to the market. This will definitely push the price up. Based on technical analysis, I think that in June or early July we will see a bitcoin price of 11825 dollars for bitcoin. but we all know that after each growth correction must come, and now it, too, will have to happen in order to take money from weakly believing people. It will come from the level of 11825 that as I see the correction and I think that during the correction there is a chance to return to the level of 7500-7900 for Bitcoin. Will we go below the 7500 as Tone Vays said? - I think no.
After the correction, there will be an accumulation of positions for several months, and then a lot of positive news, the arrival of large investors and to the moon.

Make your investment strategy by yourself and watch the market every day.......

What do you think about this? Am I right?  8)

I think FOMO is loading for Bitcoin. We can see it on the market now already. Bitcoin has raised 2k in 2 days.
It is not normal price rise. It is the effect of FOMO!

We cannot say for sure that we will go below $7000. The fact is that the news about Facebook issuing its digital currency called Libra has heated the market and its impact has obviously on the market. As a result, many coins have surged including Bitcoin sitting at around $ 10000. But even after that, we cannot predict what course the market will take in the days to come.

I don't believe in BTC below 8k again, it's not impossible
I disagreee with you about altcoins, look, everything is green on alts, look ETH, XMR, LTC, all good coins are in green, it`s a great moment for everyone

So you have realized what that FOMO is ??? We have really gone through the ups and downs of the market. setting up a demand has increased rapidly recently and it has its own "special" signs. For me, I simply thought through a bit of information from the G20. A real difference. :D

The price of bitcoin has increased rapidly over a period of 1 day, don't you see it is something strange after the last 1 year the price of bitcoin tends to be more stable. I think Bitcoin will again speculate and prove its HYIP for the launch of Libra by Facebook recently. Prices are unlikely to fall back below $ 8K, Bitcoin will stay at $ 10K in 2019.

I can't pick anything from what you said, do you mean altcoins season will come when bitcoin correction start from this current price surge, could you please explain better.

Either bitcoin draws back to 7k or it stays at 10k it doesn't bother me much and I'm happy that the FOMO is increasing ,what I have in my mind right now is what will happen in DEC 2019 to Jan 2020

Most indicators are bullish for bitcoin plus both the fundamental and technical analysis are also positive and then there is a 3rd analysis that resolves around btc halving and that is extremely bullish so all these factors are stimulating the price and im already seeing many experts calling new high peak of 100k coming for btc.

The Bulls are already running but not enough steam to sustained and drive the crypto market further, it needs more support from the major cryptocurrencies to break the $400 Billion dollar market Cap in my opinion just like 2017 bullrun when reaching $400 Billion dollar mark cryptocurrency price breakout in most of all cryptocurrencies that actively traded including those so called shit coins.

The altcoins doesn't look so very bad now, as a matter of fact they are also doing good same as bitcoin. The market has a lot of possibilities, it can go sideways and can have a correction as low as $2,500 as they say.
Let them say the assumptions and speculations that they had because they failed to buy during those prices, so in result they are all hoping that the price would go as low as that when a correction comes.

The first thing to consider is how high this market would go. People haven't forgot the last pump and dump that's why they'll be extra cautious on buying high this time that would led to a lower high that could be 1400, 1200 or current price. And this market would of course have correction but this correction too wont be extreme. I believe 8000 is the new low for bitcoin.

Today Bitcoin is priced at $ 11,100 and is the highest in a few days or weeks. If market conditions continue to improve, it will be easy to reach $ 12,000. For me, predictions are normal and everyone certainly has predictions in his research. I have also been watching the market developments to date, but I don't want the price to return to the price of $ 7000. I also hope Ethereum will make a faster achievement, and don't be slow to reach $ 500.

For BTC, a strong support level may be around 5-6K. Many may not like it, but the probability that bitcoin will drop to these prices is quite high.
Many altcoins fell heavily vs BTC. If bitcoin is strongly dumped, it will greatly affect altcoins. I hope that this does not happen, but I understand that not all altcoins will survive by the halving 2020.

I totally agree with you. I think we will see a huge price increase after the correction and go to the moon. However, the FOMO effect is already working right now.

In my opinion for now we can expect that hype will rise and it will once again attract more users.

I also already felt the flow of information in connection with the growth of Bitcoin. I think that we will see this year the price above $ 15,000. I'm still buying Altcoins.

Bitcoin FOMO is the strongest of all FOMO, no matter who you may be, you may just fall for it, because it's always a nice party, if Tone Vays has predicted what you just said, it may certainly happen, nevertheless it's just a prediction which is subject to change should the FOMO becomes too strong and maybe another giant trading house may just approve bitcoin on their platform.

I think correction already happened, that drop above 11k back down to under 11k is the correction people have been talking about. A correction doesn't have to be huge to considered as a correction, you can have a small one that could be considered a correction as well, I would even go as far as saying that anything more than this wouldn't have been a correction but a reversal. So to think that correction will happen and drop us further down is quite simply wrong because if we go any lower that wouldn't be called a correction.

On the other hand I think we have dropped as further as we will during this time and instead of finding pessimistic approach we should realize that the market can only go higher from here on out and we will have a great future ahead of us in the upcoming few months.

You sound real! It is possible for bitcoin to come again in the 8K USD zone! Where people are thinking about BTC at 25k USD, I am trying to stay at the ground! Because in crypto, anytime can happen anything! Bitcoin's next target is 12K USD, but it can go under 8K USD too! The pump was very sudden, so, there will be a correction for sure!

If more positive news continues in crypto-space, then I guess the crypto-community would definitely experience a positive market outlook which could result to a more bullish sentiment and FOMO over the next several weeks and maybe months which could even lead to new ATH among top cryptocurrencies. I hope I'm correct about this. :)

If you're the type of person that is replying on hodl, then you're going to be facing these challenges. The only way you're going to be lucky is if you have already invested when the price was low as $3000. If it's not like that, then you're going to be having some serious problems with the price fluctuation. There are people that hasn't invested yet, just like some that I do see in this forum asking whether they should invest now that the price has gotten to $10000. To me that's funny… I don't know why someone would be watching price go from $3000 to $10000 and still asking whether to invest or not.

I also think that the new level of the bottom for Bitcoin is 8000-10000 dollars. I think that we can now believe more in the growth of the cryptocurrency market.

I think we get back green market and this year could be revolution for cryptocurrency, because many countries start to adopt crypto as payment system

First I will totally respect your view about the crypto market Bitcoin in particular.
The fomo is already in place and I don't think it will go as low as you predicted. Although this space is unpredictable, but with the level of attention Bitcoin is gaining one won't be mistaken for saying this year will be a good one for the market in general.

so far it has been predicted that the rise in Bitcoin prices will be accompanied by a rise in prices for other cryptocurrencies.  But apparently in the cryptocurrency market today is a completely different trend and the rise in the price of Bitcoin is due to artificial influence, namely because of the huge speculation.  And it certainly can not affect other cryptocurrencies.

The last time I smiled. The last time the altcoins guys smiled, it was late 2017. The famous altseason is super late, maybe someday come back, maybe!  ;D

after august market will collapse

The market is performing moderately well and has achieved support at this price range and Bitcoin is enjoying more media attention due to all the hype about major brands finally entering the crypto space and if you add the upcoming halving to all of this it's likely to perform better soon

I think the months that will be coming crypto market will.more active in terms of price value increasing. Also more crypto expert saud to theor blog that this year will be a great for the crypto. So for me it is bettet to invest now so I already put almost 50% of my savings in investing and holding some coin. Because I know and I believe that it is worth to invest and hold for my future.

$ 7500 or $ 7900 is really not the point of dropping BTC in the future. because the demand for BTC is still very large and in the near future, Libra coin appears and BTC is more and more valuable.
Therefore, I think that the value of BTC can be adjusted to the lowest level of $ 9k3.
And then, the alts will be booming and the market will be green in the end of Q3 and early Q4. ;)

I hope so. Many people have the same hope in this year because they already waiting for a long time and now they become optimist to see bitcoin price has increased to more than $10k. We believe bitcoin price can increase more than $20k in this year or in the next year so people still waiting for the next bull run. Besides that, the altcoin market will rise too and at that time, we will going to make a big profit again.

Yes but unfortunately many people also miss the train to enjoy the current price increase because last year they were too pessimistic about crypto. Oh yes the type we hold is not too greedy because we see the market well because the market will not always be good, you must determine your target and you cannot expect the market to continue to rise.

The fact is bitcoin can easily drop back to 5k if the FOMO stop but I'm sure that after few months bitcoin will surge with might and the next halving will help a lot too

Bitcoin has surprised to everyone for last 1-2 months and price of bitcoin is getting high amazingly and incoming months bitcoin will cross the $20000.

The best thing to do when it goes to 7000+ again is buy as many bitcoin as you can. because judging by its past movements the price will surely go up again in the next 1-2 years. this is the only investment that will guarantee you a sure income if you are truly patient and can wait the price to go up again.

accumulate as much as we can if bitcoin crashing again .in few months ago bitcoin price will soar , and maybe will create new all time high.especially after halving on next year.

if it does not feel like it's going to fall, but let's look at the following months if we're a bullrun pattern.

I do not know whether to predict anything because I do not see the point.  Because it often happens that no one can accurately predict what will happen next with the market.  But I can say my opinion. I believe that the market will continue to grow in the near future if you look at the Bitcoin chart, then you can see how it grows and at what periods its next milestone will be $ 17,000 and then again the correction.

I was not surprised by the recent rise in BTC. If bitcoin had reached ATH in recent times, it would surprise me. I think that BTC will not reach ATH earlier than next year.

Every price increase of bitcoin it is expected to have a correction so its possible it will return back to $7500 before recovering again. However for the past few months investors are buying due to fomo some of them even bought at $13k thinking this is the start of bull run but the price fell down to $11k currently. The market is unpredicted and we cant accurately tell if what's going to happen in the future.

Its better to have our own analysis and understanding on how the market perform, in this way we dont need to rely on others prediction because you know what to expect.

Now there is a correction of the 2nd wave of pump and I think that it is not over yet. Bitcoin may fall below 10K but I think that by the autumn the bullish trend will resume and the market will start to grow.

I see this as just a prediction not a reality per ser. Objectively,  we must know the volatile nature of cryptocurrencies makes it almost impossible to predict actually. So we wait and see.

Yeah absolutely there is no precise predictions, but the important thing is we are certain that it will bounce back after the downfall lucky are those who have patience of holding surely they double the value of money they invested.

who believed, and if it was still poured in the winter or in the beginning of April, already received a good profit, let's hope the growth will continue, today it is weak, but growing

correction won't go below 10K, I'm sure of that. according to my prediction, if until next month the price of bitcoin is still at 10K-12K there will be a new pump and it will continue until next year. peak in Q2 2020, because at that time BTC will halving.

Currently btc is not likely to fall below $10k at this moment, certain we are in a bull season as a lot of altcoins are yet to be one react meaningfully to it, it is certain that etherium will thrive to push further to achieve 50% of all time high just like btc have done and thereby pushing btc further, the bear season may occur next year instead

The right strategy for investment in my opinion is as you say, namely watching the market every time. Current market movements are indeed on Bitcoin. Investors with large capital, it would be very profitable to buy Bitcoin at this time at a price of $ 12,171

for me i will say that with the help of multiple Bots trading on exchanges these days. i doubt if btc will go pass 10,000 usd again. Most of these price increase are caused by bot trading. also Major institutions are joining the crypto industry. there will be correction but not as low as 7500.  my fear in this market is that altcoins are loosing out.

I think bitcoin will do that $15k this month and would more before the end of the year.

Yes i think you're right. Our instinct may tell us what to do, if we invest or not, and not just rely with those crypto experts because sometimes their prediction on crypto is not close enough. So better invest qith your own risk and see the market situation everyday for you to be able to plan what you should do to invest.

By this year there is no price fall at all because as we can see on the market after it falls on $10k again it rises up as soon as it fall after a week. so If this continue falling to 7500$ again will be impossible as we can see more investors are still willing to take the risk on the bitcoin's price on its peak price this year.

The market is now under the control of bulls, prices go high, bears are not showing up. After so many countless market trends, cycles repeat itself. BTC price can hit the $20000 before the end of the year.  

Investment strategies are usually used by the traders who want to achieve the maximum result for the rest of the trend. Positive expectations are not going to change the main market trend, I prefer to wait for the market turn in this case.

The market is so unpredictable that it is difficult to predict with a high degree of probability what price Bitcon will be in time. Many try to just guess the price, but definitely we can say one thing that the crypto market is dominated by a full-fledged bull trend and the price will rise further. I think the price of $20,000 is quite possible before the end of the year, but we must remember that during the growth, price corrections will occur and this is normal.

Of course, what's the point of guessing what price it will be today or tomorrow. If you are planning for a longer period, then you need to enter the market after today's correction

corrections that occur will not last long. as soon as possible bitcoin will stabilize prices. When that happens, you must immediately buy assets because Bitcoin must have prepared the pump as it had happened before. in the next pump make sure not to be left behind.

It seems to me that in the next 2 months Bitcoin and the whole market will just grow and fall and will not show anything definite

I know the price is climbing back to the previously achieve one, but we still cannot confidently say the surge will make it reach $15000, correction will always slow it down from achieving some of these values that we do predict, I think there will still be another big correction that may drop us back to $11k value, and I see the bitcoin value not attaining $15k until maybe by mid-august in preparation for its consolidation.

If bitcoin finally achieve that, I think that is the point where it will start going sideways, and probably become stable on $15k for months which will be the consolidation period where all altcoins will start increasing in their own value too, and I want to believe that this is the major reason why we have some post that has been advising people on altcoins investment and its time of mooning coming so close.

Market price corrections will always occur, even in recent times a variety of news has emerged, one of which is the Libra coin that was highlighted by the US government, causing a fall in the value of bitcoin below the $ 10k price range. it shows that after an increase in market prices there will definitely be a rebound against the decline in market prices because the price movements of bitcoin are very vulnerable to be influenced by various news that can make investors feel worried to invest their money into it

Bitcoin has a deep correction lately, i think this correction wont stay for a long time and bitcoin price will climb up again. I will stay positive about cryptocurrency market, i am sure it will be to the moon again.

It caused by the peak will always not be forever due to the speculators. Bitcoin is a volatile asset that will always move based on the demand and supply and this will create the price that increases or decrease anytime.

I also hoped that Bitcoin can reach 15 thousand, but after the market shaking during the last 3 weeks I have changed a bit my mind. Bitcoin can start waving again, and this time this swinging will be not around 6-7 thousand, but the new price can appear (let us say, 9 thousand). However, if you are going to hodl crypto, there is no reason to worry. Finally, BTC will go up and alts also.

Judging by the market, most players bet on bitcoin. Altcoins are falling in price and it is unknown when there will be a noticeable increase.

Everything is tied to patience, we just have to continue to be patient till we see any result that is significant on our investment. Bitcoin still remain the market dominance for now and we know that it will take some time before altcoins can gain their own dominance, and altcoins gaining dominance does not mean that bitcoin will be low in value as some people think.

The time altcoins gain their own dominance is when bitcoin pause in increase a little bit, and then go sideways for some period of time, that time is when these altcoins will start to increase, the time is what we don’t know and may never know, but when the time is approaching, we will definitely see some signs of it for us to be able to prepare for it. So right now, many of us are just playing with bitcoin in our own little way.

I'm sad at how my coins are going up and down. But when I realize that Bitcoin will rise up again probably up to $20k, I'm sure my investment will go up. I'm sure I will make profit. If you don't want to be bothered by this ups and downs, just be a long term holder.

All of this needs a process and only time will answer, but certainly, I'm sure the price of bitcoin can rise to a higher price, the market only needs big support to increase the price of bitcoin and other altcoins. so be patient in conditions like this, do your job well and always check the investment that you have now.

You have a great analysis there, even got a great prediction near to the price last July. Random Bitcoin news articles are full of negativity and can persuade people to sell their coins earlier, as of now we can see great changes in bitcoin price and we can expect for more increase or just a stable 10-12k.

The best part of your prediction is Bitcoin is now going down the $7500 level and that's a piece of good news the support is very strong in the $9000 level, this is something that we should be glad about, we can expect a correction along the way but it will not go below the $8000 or $7000 we are really out of the bear market.

OP may be right with the trend of price in the crypto market now, it might go that way,let us wait and see what will happen to the market

Maybe the market is still not stable due to the strengthening of the price of bitcoin. Currently investors are focusing on the price of bitcoin and its dominance in the market which is already more than 65%. If this continues, it can suppress the price of altcoin and make market conditions unstable. There is an opportunity to buy good altcoins at cheap prices, but there are also concerns from investors if the price decline will continue

A bear market is not over, BTC price can touch the $8000 if the support line can't hold price under the pressure by the bears. Strong trendline breaks make false your chain of event predictions and the bulls are not strong to break the resistance level after $11000. The vision should be about advancing the real use cases of cryptocurrencies, it shouldn't be only about watching market prices every day.

some things that you will have come true. but I think there is still a possibility that bitcoin will return to 7500. so prepare yourself friend. and one more, there is no up to moon. what is now is a new beginning for the bear market.

Bitcoin is having a comfort zone at $9000 - $10000 and I think it is a very good sign that the market will come out bullish in some months time. Although based on technical analysis, charts are showing that bitcoin will still go below $9000, I am optimistic that some positive news about crypto will drive it back up

Cryptocurrency cannot be predicted but I really understand that no matter how the market fluntuate things will still come back to normal for good and solid projects. Not for shit coins that has no good foundations

You are right. The cryptocurrency market will be back to normal again, and I don't have any doubt for that even if we are now seeing all of the prices is a very lower price, it will start to increase. But we need to be patient and wait for a while, and I think that right now, we have the best time to buy any coins we want because all of the prices are at a low price. We can buy an expensive coins price before and hope that the coins can be back to the highest price soon. But I am afraid that this time we need to wait for a long time because now the price does not increase so high.

My current strategy is to buy more. There are several altcoins that are currently being accumulated because they have good projects and already have products. Hopefully in the long run, coins like WAN, ICX, HOT can give big profits

I agree that the cryptocurrency market will recover and maybe the market cap value will increase. The cryptocurrency market has begun to be recognized by many countries and I think with this recognition many investors will come and investors will certainly select good coins instead of shitcoin

the growth of bitcoin and altcoin is very difficult to predict ... sometimes it rises quickly and goes down spontaneously ... then we have to use that strategy well ... and I think for the next few months there will be a lot of altcoins that will pump ... because now I see the movement of bitcoin being stable ... and preparing for the altcoin pump in the near future .

Right now the whole market is waiting for Bakkt exchange. As soon as this exchange will be officially launched and a lot of accredited investors would invest their huge money into BTC, it would be completely another level.

FOMO will definitely kick in and we can see more of it as we get near the halvening. Though BTC and ETH are in a good place now, especially with the development of ETH 2.0 and BAAKT, there are still other coins in the market that are showing good benefits and use cases.

I love projects that are giving equality to greedy companies and normal consumers, similar to this Telecom company (http://www.elynet.io/?utm_source=lx) that is utilizing blockchain, which gives transparency to people with what they're consuming with less fees. People are now starting to look at crypto/blockchain as the solution to government/establishments that are giving you hidden stuff and we're gonna continuously expect different Blockchain companies gearing towards ending that.

there are so many reason about the BTC market will go high as almost $20000 in the end of the 2019. But when we see the facts and figures of the market and when we do some analysis of the trading then we will see that the ETH volume is growing much faster that BTC and if this coninues then ETH will cross and become first crypto. because ETH has raise from 170 to 214 in few days. and the total volume of the BTC is 16B and of the ETH is 10B. it is very close and much dangerous for the market and for the BTC investors.

I also agree with you, Altcoin will certainly be pumped strongly in the next few months, BTC is stable in the past 2 months and if it continues to stabilize in the next 1-2 months, the altcoin season will surely come.

We are close to the development of where the price will go in the coming months up or down , I think now it is better to move to altcoins as they will grow well until the new year!

At the moment, I am seeing signs of altcoins going up sharply while BTC is standing still. With the current market, altcoin is likely to increase sharply until the end of November.

I am glad to see some of my coins have increased in a few days ago and so far, I think it could rise higher. I already sell some amount which I bought at a low price, but I still have another amount, and it's ready to sell at the next higher rate. If everything running smoothly like this, we will see the time for an altcoin to increase higher and I only hope that will attract the bull run for the altcoin will come early in this month. And after the bull run for altcoin happens, the bitcoin will break the highest price.

I really hope that the growth of altcoins has begun its growth stage, since in such a period trading is very profitable

I think that there will be some Bitcoin correction, because good Bitcoin pump is expected before Bitcoin halving, so before the Bitcoin halving, manipulators will dump Bitcoin price so that they will can later buy Bitcoin again at a low price and sell Bitcoins in several times more expensive before Bitcoin halving, but about altcoins it’s not at all clear whether there will be an altcoin season that we have been waiting for almost 2 years or will not be there at all, it is very difficult to understand this issue.

It’s getting obvious that people are now concentrating on bitcoin having faced a lot of disappointment from altcoins , so people are very careful in investing into it . Bitcoin growth is needed and due for it , I hope we see it in an healthy way !

Well, I think that your forecasts generally come true. At the end of June, there really was a decline in the price of bitcoin, but not so much. After this, for several months, bitcoin is accumulating its capabilities and now it is ready for further growth. Most likely, in the fourth quarter we will see a good growth in the cryptocurrency market. The intrigue is caused by altcoins, whether they will finally grow after Bitcoin. I hope that this time altcoins will please us.

I am sorry to say, sometimes, I feel like the altcoin sector was just a waste of time, as many of them have not really achieved the purpose for which they were created which I don’t know the reason for this, only bitcoin has been performing exactly its main function, although the use of it for asset purpose stills seems to outperform its major function of being used for payment.
 
Most users and investors who has before complained about bitcoin and moved to altcoin has not seen that bitcoin still happen to be the best of all the Technologies of altcoins despite all the hopes of a better system that these altcoins made for us all. It is well anyway, we have all seen the usefulness and the truthfulness of bitcoin more and its dominance will continue to rise.

There are people who manage to predict the next growth of bitcoin or altcoins. As a rule, these people are fluent in technical analysis and are able to competently monitor the market. I sometimes read various topics with the analysis of trade because they can find a lot of useful information.

Even 2 different analyzes, in different directions, can be useful. We must understand all the options and trends in the development of the cryptocurrency market.