to go down to the price of $ 5500 is still very possible for bitcoin. at this time bitcoin is still not completely out of the bear market, and the price can drop significantly at any time. but this won't happen anytime soon, I'm sure this year the price of bitcoin will be closed at $ 7500.
|
|
|
I wouldn't say that Bitcoin should be 6000$ but it might be, that is possibility. I think that some further corrections are possible, however 6000$ could be the lowest level before the end of the year, I don't expect some bigger dump. At first I thought that we might go up to 8000$ by the end of the year but now I'm not so sure anymore.
many people say like that, the turn of the year is less than 2 days away and currently the price of bitcoin is still stable in the range of $ 7k. that means the price of bitcoin needs $ 1k to reach $ 8k, it is very unlikely that the current price of bitcoin will increase $ 1k in a short time. if this can happen maybe most people will think this is a bull.
|
|
|
I do not understand what you mean, it should be that if the production of bitcoin gets slower then the price of bitcoin will increase. if bitcoin becomes more difficult to obtain the miners will sell it at a higher price, and that can be a trigger for bull run. this is market law, my advice is that you should learn about market law.
|
|
|
first I will appreciate you, because in my opinion this is an extraordinary analysis for a beginner. honestly I am not too interested in this problem, there have been many people who have made this kind of analysis but only some of them have proven to be true. I am very sure if bitcoin has a very bright future, that is the reason I remain in this forum.
|
|
|
up and down is the bitcoin price cycle. prices that go up and down suddenly are not always caused by whales, this can also be caused by news. news can cause people to sell and buy simultaneously, and it can cause prices to go up and down very quickly. I hope you understand !
|
|
|
if you look at the history of bitcoin prices then you will find that bitcoin prices will skyrocket every 2 years. but this year proves that it will not happen continuously. so the conclusion is that bitcoin has a different cycle each year. and what you need to know is that price spikes will not happen anytime soon.
|
|
|
it is unlikely that the price of bitcoin will penetrate $ 9k before the end of the year, so that means this year bitcoin cannot get out of the bear market. but in my opinion if bitcoin has been able to reach half of the ATH it can be said that bitcoin has come out of the bear market and is walking towards a higher peak. hmm ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
|
|
|
Recently I read an interview with the CEO of the cryptocurrency exchange Bitmex, which predicts a very good and stable growth in Bitcoin in price and the whole reason is that it is precisely because of the existing inflation that there will be very good and stable demand for the first cryptocurrency market. Of course, the price of Bitcoin will rise, but reaching a psychological maximum of $ 20,000 will be very difficult and almost impossible in the near future. Nevertheless, a significant increase in the value of Bitcoin will affect the entire cryptocurrency market and the pricing of other cryptocurrencies.
I agree with what you say if bitcoin takes a very long time to get back to $ 20k, I estimate it might happen in 2021-2022. I would not expect much in 2020, in my opinion the price of bitcoin can reach $ 10k - $ 15k is already very good. if that can happen it will stimulate price increases in the following years.
|
|
|
I prefer to buy when prices are in a positive trend, it will reduce the risk of loss. when prices are falling it is very difficult to determine the lowest point, this is the reason why I prefer buying when market conditions are rising. according to research I have done this method is more effective to reduce the risk of loss.
|
|
|
I understand how difficult it is to get profit in daily trading, even for 1% profit. The key to this problem is not to be greedy, when you have made about 5% profit in that day stop playing and continue the next day. most people when they have profit they will continue to play and eventually they destroy the victory because of their own greed.
|
|
|
I'm not sure if the price of bitcoin can reach $ 19k in 2020 because until now I still don't find a reason that will be a push for bitcoin to reach $ 19k. I haven't seen the signs that bitcoin prices will jump high in the near future. I estimate bitcoin will again reach $ 19k in 2021-2022, and in 2024 there will be a very high jump.
|
|
|
in my opinion the price of bitcoin will remain in the range of $ 7k until the turn of the year. there is currently no strong push to reach $ 9200. It seems like people don't believe anymore if the price of bitcoin will go up at the end of the year. if I look at market conditions it looks like the downtrend is still happening, that means $ 9200 won't be reached in the near future.
|
|
|
secret? why don't you state in detail where you got the secret. I honestly see this thread as a joke and bullshit. if you believe in these predictions you should have bought bitcoin at this time. it will give 100% profit when the price of bitcoin has reached $ 14k. but this prediction makes more sense than predictions that say bitcoin will reach $ 100k this year ![Lips sealed](https://bitcointalk.org/Smileys/default/lipsrsealed.gif)
|
|
|
I hope the predictions you make do not end tragically like the predictions of some people who say the price of bitcoin will reach $ 50k - $ 100k this year. but if you see the current market conditions there are still no signs that the price of bitcoin will rise very high, it means that it is very difficult for bitcoin to reach $ 20k.
|
|
|
it is only a prediction, it means the possibility of it happening is very small.this year I have read lots of predictions, most say if the price of bitcoin will reach $ 20k this year and the rest say it will reach $ 50k and $ 100k. But reality says something else, and I will wait for the next prediction from these people ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
|
|
|
at the moment I still don't have any views on the price of bitcoin. but I am very sure if the price of bitcoin will remain stable until the end of the year. at the moment I still refrain from buying bitcoin because bitcoin still has the possibility to go down to the price of $ 6k.
|
|
|
hey I won't read it, I'm very sure if you make predictions that are not much different from most people's predictions. Last year I read a lot of predictions about the price of bitcoin, and now I know that all predictions are just bullshit. to be honest i'm more interested about bitcoin price analysis next week ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
|
|
|
I have a different analysis, in my opinion the price of bitcoin will remain stable in the $ 7k price range until the new year. if after the new year the price of bitcoin shows a positive trend the price of bitcoin will reach $ 10k quickly, but conversely if the trend goes down the price of bitcoin can return to $ 5k.
|
|
|
in my opinion this problem has nothing to do with bitcoin and will not have any effect on bitcoin. the Malaysian government only wants the Malaysian public to do more online cash transactions to make it easier for the government to conduct surveillance. I understand the direction of this news but I still say if this news does not have a relationship with bitcoin.
|
|
|
Bitcoin is constantly falling and rising again. I think bitcoin still has a lot of stories. We learned some stories. But there are still millions of people who don't know him. Bitcoin is very excited for people. People who love excitement will come to this market.
bitcoin prices are volatile, that means bitcoin prices can go up and down very fast. for most people when bitcoin prices go down they think there is bad news, they don't realize if this is part of the bitcoin cycle. I see many people overreacting to this problem.
|
|
|
|