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Author Topic: Bitcoin price cycles  (Read 25921 times)
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October 13, 2017, 02:04:25 AM
 #321

UPDATE:

Just to get back to sanity check in all this redness, the long term trend was saying this is where we should  be today, 15 June 2017:


   Date       Target        80% Lower Bound
 15 Jun 2017  $1,285          $  1028


At current weighted price of  $2,337.11, we are at 181.86% of forecast value.

Hacknoid, I wanted to follow up with you about my $10k projection by the end of 2017. If we are, in fact, in a supercycle, do you think that's still reasonable given what we've already seen this year?

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October 30, 2017, 04:22:17 PM
 #322

At the start of the year I was guessing 10K by end of year, but by April I'd downgraded that to 8K.  I think we'll see 10K within a month or so of 2018 though.
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November 01, 2017, 05:24:51 PM
 #323

At the start of the year I was guessing 10K by end of year, but by April I'd downgraded that to 8K.  I think we'll see 10K within a month or so of 2018 though.

I think with the current price of Bitcoin, the highest price of Bitcoin can be between $7,000 and $8,000 in the end of this year. However, I do not think the price of Bitcoin will stop at this highest price, I also thought it can continue to increases more in 2018.

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November 06, 2017, 08:38:32 PM
 #324

Price cycle of bitcoin is the same most of the time, maybe the price increase and decrease time may vary. It never happens to create a continued growth or decline in the value, so in my thinking price moves happen in a cyclic process is the true fact.
You can see the bullish cycle from last year until today of Bitcoin, if you are trading follow the cycle of every year, you can see the price of Bitcoin has started this bullish trend since 2015. However, the Bitcoin price always has troubles and the correction of the price because the Bitcoin community do not have enough power to make its value increases more. But in this year, by the growth of the cryptocurrency market, Bitcoin has succeeded to kept its value grow more till today Smiley


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November 18, 2017, 07:50:50 PM
 #325

i was expecting it wil go down around half november & december
but looks like it won't
but there could be a correction begin 2018 then when i look the chart  we are to high

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November 18, 2017, 07:59:25 PM
 #326

thanks for the excellent analysis
I will take note
what did you write?
seriously this is useful for the community

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August 14, 2018, 09:27:24 PM
 #327

bump

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August 16, 2018, 01:54:50 PM
 #328

At the start of the year I was guessing 10K by end of year, but by April I'd downgraded that to 8K.  I think we'll see 10K within a month or so of 2018 though.

I think with the current price of Bitcoin, the highest price of Bitcoin can be between $7,000 and $8,000 in the end of this year. However, I do not think the price of Bitcoin will stop at this highest price, I also thought it can continue to increases more in 2018.

Oh no. Historically, the fourth quarter of the year always gives us a good run. 7 to 8k would be the resitance for this bear market so i don't think we'll end there. A good run would likely get us above 10k

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August 16, 2018, 11:13:05 PM
 #329

With the volatility of bitocin's market price, it's also unpredictable how it behaves in the coming weeks or months so i think nobody really can exactly tell how bitcoin's market price looks like in the future and whatever that price may be, hope that it will be profitable for all.

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August 21, 2018, 09:23:14 AM
 #330

With the volatility of bitocin's market price, it's also unpredictable how it behaves in the coming weeks or months so i think nobody really can exactly tell how bitcoin's market price looks like in the future and whatever that price may be, hope that it will be profitable for all.
Everyone is giving prediction and analysis according to their own experience, but we cannot take any prediction as 100% correct. No one in advance about the bitcoin price that what is going to happen to it in future. We can only hope that bitcoin price will increase too much in near future.
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September 07, 2018, 05:46:39 PM
 #331

any update?
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September 07, 2018, 09:30:32 PM
 #332

thanks for the excellent analysis
I will take note
what did you write?
seriously this is useful for the community

The price is based on supply and demand , so no matter how the market drops it will always increase due to the volatility of the market which makes the price of the tokens to always pump up when there is a hype in the market.


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