Let's get past $4k first Indeed mate but we had break $4,180 already week ago but it doesn’t stay longer so theres a chance of passing it again.maybe its good to say breaking the $4,500 value to be reasonable taking $5,000 in may Possibly,because the price of bitcoin is nearing $4000 in gradually mode so in to month of space it might hit more than $5000 as well if this process keep continues but still its just a prediction so no one know it what will happen.
Its been twice in February that we hit a $4,000 mark though it didn’t stayed longer but still weve done so the next target is $4,500 and then lets talk about growth in may after that We haven't broken $4k yet it has only been tested and denied.... When I say get past $4k I mean trading above $4k most of the time.
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Too bad the Brexit will bring the hammer down on London pretty soon LOLz...
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Another halving thread.
Well the last halvings all had no impact on the price....
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Looks like it could break upwards. Anyway we still have a bigass queue of people that want to get out on the way up Indeed. But in which price are they going to? I have a feeling that they want to get out on the way up but this is going to be way way up. Many people bought their crypto when we where near ATH due to fomo etc. so I don't think there is a change to get out earlier before at least reaching the level of the price where they first made the purchase. As a lot of people are deep in debt or have little or no money reserves. They will feel the need to sell on the way up to pay for things. Also you have the FOMO principle on the way up.... They will be evaluating : Sell or risk the price dipping again and losing more... They don't think like "Whoaaa let's just forget about it for 3 years and cash big bucks" Only a small portion will hold until they get to $20k. So at least up to $20k we will hit pockets of resistance.
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Let's get past $4k first
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Looks like it could break upwards. Anyway we still have a bigass queue of people that want to get out on the way up
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There is no way to know but this is a reasonable price to expect if all recovers nicely.
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Let's all be prepared ,the way I'm seeing things I think bitcoin hasn't find its bottom yet ,I'm guessing around 2500$ before we see better recovery ,always remember cryptocurrency is never for the weak ,be prepared and do what you do best ,things will surely turn around but good things never comes easily .
I read some speculations that this year, it might break the resistance of $2,500. I hope not. Some investors are turning their back on bitcoin as the market's situation isn't good for so many months now. I hope that bitcoin will regain it's correction and go back to $8500. It will just wait... recovery takes time... Don't expect t going down any more.
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If to think logically, Bitcoin is a deflationary currency... This means that in long-term its price will only grow That's why we like it so much Don't forget that normal money is deflationary so it's win win.
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If the governments did this they sure didn't think it through. And if it is true why aren't they the major asset holder at the moment?
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The banking business has a monopoly on generating money out of thin air. They are afraid of Bitcoin because they can no longer generate money and create loans based on liquidiy. The blockchain will force them to be accountable. No wonder they don't want anything to do with it.
Just watch the youtube video "The biggest scam in the history of mankind" and you will understand what I mean.
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In the Netherlands and more and more online companies allow bitcoin as payment. Possibly other countries also. Bitcoin is processed through 3rd part processors but yes it is a valid payment option.
We also need to take into account that there are elderly people who have never used a computer (or internet) and don't want to use digital currency in any form. The technology is far ahead and it will take a generation or two for it to become the default method and considered "normal".
And gold has been the standard for a long time (way before cash was invented).
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We are going sideways now. So the tide is changing. There might be a few tests for lower prices but I doubt that we will go below $3000.
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Next bull run ends between 100k - 300k.... I so hope you are right
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Bull Market hasn't started yet. There is no point in saying that it has ended already. We need to be patient and wait for the upward trend to come. When you see a green market for a day this doesn't seem that we have entered a bull market. I really cannot understand this obsession.
As with the end of all previous bear markets we will go sideways for a long time. Sideways will creep up to a mild climb. The mild climb will continue towards the $20k because a lot of burned people want out. Don't expect it going vertical or it being a bull-run anytime soon...
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First time here guys.
Lost 95% of my investment. Now gained a little more.
What's causing recent increase in price?
Did people finally realize that bitcoin is the future?
The latest increasing in price of all the cryptocurrencies was due to investors reaction to some good news that has hit the market. I think we are seeing some formal investors coming back and I we should expect more bullish trend some months to come. I think we are getting to a buyers vs sellers equilibrium price point. This means we go sideways and up eventually. Enroute to the moon a lot of people want their investment back so there are a lot of people that will sell on their way up. Also people with deep wallets are getting in. I don't believe the Samsung news has any influence. It is good news but not groundbreaking.
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I'm honestly starting to believe this space is manipulated.
I'm glad I have a friend here, lol. I also believe that market is manipulated, crypto can go up and down anytime, even without any reason. That's what whales do, they can create hype and FUD and they will do the opposite on what we believe, just look at the recent pump, it ended up with a sudden pump, when it was pumping, people are already believing their dreams will com true but it did remain a dream until now. This is probably because there are some whales with big stash playing the market (pump&dump). The more people in Bitcoin the more Bitcoin will be in circulation instead of in the hands of whales. The more spread out the less influence a whale can have. The less influence whales have the more stable Bitcoin will become. Metaphore: Currently it is like whales have 1000 trillion on their bank account to play around with. This causes volatility.
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Just recently there is a series of higher lows which is fairly bullish action, not a massive rise but so long as the trend continues it is actually gaining and accumulating in value with lots of noise in between
It looks like second half of 2015, or even first half of 2016. If we compare the two cycles, we see the price had risen from around $1200 in 2013 to a near 20k top in 2017. This is like 20x more. If the same pattern is to repeat itself, we would see something between 300 and 400k as a ATH at the end of 2021, but to arrive at that price, the rise needs to be faster than in the previous cycle. This would prompt a earlier reversal, as compared to 2015, because we still need to recover the 8-12k range, before going to a bull market. We still need confirmation of the pattern, though. Maybe in two weeks we will see more clearly where it is leading. I'm signing up for the 300k per BTC
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With the current US president you might get the US dollar to inflate by 100% allowing Bitcoin to become $1M which would roughly be €100k
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Want bitcoin to grow? Here is a strategy... - Buy coins - Show others you are buying - Promote the use of bitcoin - Invest or support the bitcoin infrastructure You might get others aboard.... .... I think I smell greed ...
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