Based on previous cycles, 200-300k, topping out between September-October 2021, followed by the bear market 40-60k bottom within two years, rinse and repeat until the cycle breaks. All the historic information is available for anyone to look up and extrapolate for themselves.
Topping out in the fall? If 2011, 2013, and 2017 are indicators, that's unlikely. Those bubbles popped in June, December, and December respectively. The latter two cycles topping out in December lends some credence to the theory that tax year implications (and associated profit taking) may play a role. Then again, if everyone is planning on the top coming in December, it'll probably happen sooner. So you may be onto something.  Look at the monthly candles. We'll get a 9 in September or October 2021 depending how this month closes. Also, look below...  Guess this aint looking so crazy now, huh?  |
|
|
|
Look at the monthly candles. We'll get a 9 in September or October 2021 depending how this month closes. Also, look below...
Maybe that is right, and maybe we need to wait for more. But how if the price will touch the new ATH in 2022? And in the next year, the price starts the rally from $20k and breaks so many high prices until 2022. After that, the price will hit the next ATH in 2022, and the price will be more than $100k in the next two years. I think that it could be like that because bitcoin can move to a high price anytime. But as usual, we don't know how high the bitcoin price can make it in the future, and it could be the next ATH will be more than $25k. But if that is a long term peak, it could be the next 2 years or 3 years later. By 2022 we'll be making lower lows in the next bear market moving towards the bottom. 100k would be low based on previous ATH's. In any event, we'll know by summer of 2021 if I'm right. Watch those monthly candles |
|
|
|
Based on previous cycles, 200-300k, topping out between September-October 2021, followed by the bear market 40-60k bottom within two years, rinse and repeat until the cycle breaks. All the historic information is available for anyone to look up and extrapolate for themselves.
Topping out in the fall? If 2011, 2013, and 2017 are indicators, that's unlikely. Those bubbles popped in June, December, and December respectively. The latter two cycles topping out in December lends some credence to the theory that tax year implications (and associated profit taking) may play a role. Then again, if everyone is planning on the top coming in December, it'll probably happen sooner. So you may be onto something. Look at the monthly candles. We'll get a 9 in September or October 2021 depending how this month closes. Also, look below... |
|
|
|
Wanna see people's predictions for Bitcoin's next peak, presumably around a year from now or sometime in 2022 - whenever this market cycle comes to a close. And give your reasoning behind your prediction, and not just "cuz I think so".
I have a most likely prediction and a high prediction.
My likely prediction is $90k to $120k. I think $100k is the big target for this market cycle, and either it'll fail to break through and top out in the $90,000s or it'll break $100k and then in a rush of euphoria over the next few days/weeks it could shoot up to $120k or so in a blow off top.
Now I also have a high prediction based off the last two peaks. The 2013 peak was about 36x above the 2011 peak, and the 2017 peak was just under half that at over 17x compared to the 2013 peak. If we keep this peak multiplier halving going for this cycle then the next peak should be around 8.5x the previous peak, or around $170k, so that is my super high prediction based on past two cycles relative to one another.
Based on previous cycles, 200-300k, topping out between September-October 2021, followed by the bear market 40-60k bottom within two years, rinse and repeat until the cycle breaks. All the historic information is available for anyone to look up and extrapolate for themselves. |
|
|
|
250k ain't happening this market cycle. Maaaybe in the next one (so like 6ish years?), but probably more like a decade from now.
I'd say we're looking at probably an 80k-120k peak price in the next roughly 18-30 months. Bull run peak probably sometime in 2022 and challenging $100k.
Bitcoin runs in roughly 4 year cycles and yes, 250k is very possible in the next 18 months or so. I've lived through enough of these cycles to understand how they work. Plenty of information out there if you take the time to learn. The thing that might tank this cycle will be covid-19 and or a worldwide depression brought on by economic collapse. The global stock market is in a bubble that can pop at any time. A black swan will hang over this cycle... |
|
|
|
BCH and BSV are both centralized garbage. They can change the rules at any time and steal anyone's coins they want. It boggles my mind how anyone can have faith in those two shit coins. However, I am amused that their "communities" continue to fight and fracture. I am so happy that people like roger ver, jihan wu and craig the fraud have left Bitcoin for their personal shit projects  |
|
|
|
Gotta have balls of steel to trade bitcoin because you can get rekt long or short even both in the same day |
|
|
|
|
Bull market will be confirmed when Bitcoin has passed previous ATH (20,000+).
Until then, be careful, many expect a bull trap and further downside to new lows.
|
|
|
|
|
Is there a list of pools and what they pay out?
|
|
|
|
All most everything in the green today except bitcore, which continues to slide in price and market cap  The weekly drops seem to be really hurting it at this point. At the rate it's going it might be under a $1 by the end of April and that's a shame  If you want to sell your $BTX, sell them to me I'll be glad to take them off your back if the project is making you feel this way. BTW it's still a bear market. If you're not worried that BTX is heading into B2X territory then either you have balls of steel or are quite delusional. I'm not in a habit of selling at a loss but things really don't look good. Hopefully things turn around but really at this point all we have *is* hope. BTX *looked* like one of the more promising bitcoin fork projects but clearly people are not as interested in it like other less reputable projects out there and this has me worried (and you should be too). This coin may not see a price increase until Bitcoin goes on another big bullrun (how ever long that takes). |
|
|
|
All most everything in the green today except bitcore, which continues to slide in price and market cap The weekly drops seem to be really hurting it at this point. At the rate it's going it might be under a $1 by the end of April and that's a shame |
|
|
|
So far, we are repeating 2014 very closely.
A dead cat bounce to 11k starting in April off the 6kish area and ending by the beginning of June would fit this perfectly.
if that's supposed to match 2014, what fractal are you looking at specifically? i assume not the $380-->$995 bounce or the $340-->$680 bounce? both would get us further than $11k. in terms of both time and price, i still don't see any of the parallels to 2014 that other people are talking about. From 6k to 11.5k is about the same as 340-680. The reason will won't see 12k is because there is strong resistance at 11.5k. So far we been to 6550 on the 31st. In 2014 340 was on April 11th. Still time to drop to 6k and bounce just like 2014. The drop percentages and timing are very close. This don't look similar to you? Hopefully there is a bear trap after the bounce and drop so we can start a new bull trend instead of dropping to new lows in the 4-5k range. Thoughts? |
|
|
|
So far, we are repeating 2014 very closely.
A dead cat bounce to 11k starting in April off the 6kish area and ending by the beginning of June would fit this perfectly.
what does that mean by 'a dead cat' ? This is a temporary recovery from a prolonged decline or a bear market that is followed by the continuation of the downtrend. If we are following 2014 then it's not a dead-cat bounce because bitcoin survived that and recovered to new highs in the recent times. If we fend off 6k for the rest of the weekend then some sort of a recovery seems likely, then it will be interesting to see later in the year if there's a further dip down or if the price can stay up.
If we go lower after a temporary recovery, it's a dead cat more or less. |
|
|
|
|
So far, we are repeating 2014 very closely.
A dead cat bounce to 11k starting in April off the 6kish area and ending by the beginning of June would fit this perfectly.
|
|
|
|
CobraBitcoin is minor figure in Bitcoin world and honestly i'm not surprised to see people to join Bcash community. Whether his account is compromised or not, i'm sure Bitcoin.org is still safe since he's not the admin of the website.
This. Cobra has never been a significant contributor to Bitcoin.org. He's just leveraging his reputation as "co-owner" to make himself seem important. As David Harding points out: For those who don't know, @CobraBitcoin may co-own http://Bitcoin.org but he's had little to do with the production, translation, and maintenance of its content. His major contribs are allowing Google to track pageviews, reducing server security, and gratuitous pontification I'm pretty sure JihanWU support Bcash too so It make no sense If we take his last tweet in consideration where he is against Bitmain/Jihan WU.
I believe Cobra has been using Jihan Wu and the issue of mining centralization as red herrings. The intent is to divide the Bitcoin community against itself. Inevitably, a hard fork change to the proof-of-work algorithm (with significant support) will cause a permanent, sustained network split. Who benefits? Jihan Wu, Bitmain and Bcash. Last thing Bitcoin needs is another fork. |
|
|
|
This shit is dropping like a rock. Capitulation at $10 maybe |
|
|
|
|
Is there a list of pools somewhere?
Do you need a pool to get a payout after you have voted?
The lack of information on forks is amazing...
|
|
|
|
Greed will win out, as it always does |
|
|
|
There's definitely some problem somewhere in their network. |
|
|
|
|
Show Posts
