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Author Topic: Bitcoin to make a full recovery by year end?  (Read 434 times)
Captimiz (OP)
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December 23, 2017, 07:22:51 PM
 #1

Prices have already recovered to $15k according to preev. So, is it possible for bitcoin prices to return to its $19k peak by year eand if we follow current trend. The prices were at about $13k yesterday and today its risen by $2k. If it rises like this everyday until the end of the year, we might even exceed the bitcoin peak.

One thing is clear though, all the doomsayers who claimed the bubble was popping are wrong. The recovery is clear and that drop was nothing short of a miscalculation by investors, who now realise their mistakes and are buying back bitcoins.

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December 23, 2017, 07:25:15 PM
 #2

Prices have already recovered to $15k according to preev. So, is it possible for bitcoin prices to return to its $19k peak by year eand if we follow current trend. The prices were at about $13k yesterday and today its risen by $2k. If it rises like this everyday until the end of the year, we might even exceed the bitcoin peak.

One thing is clear though, all the doomsayers who claimed the bubble was popping are wrong. The recovery is clear and that drop was nothing short of a miscalculation by investors, who now realise their mistakes and are buying back bitcoins.

I'm not sure if we'll get back to the 19k we were at originally by the end of this year, but you're very correct when talking about the recovery. People were too encapsulated in the drop that they didn't even follow up on the price while it was recovering due to the support of those who were trying to buy while the coin dropped. I don't see why people are unable to understand that this is simply a cycle -- Bitcoin drops and then recovers time and time again.

I predict that we'll get to 17-18k, come very close to the 19k, but not hit it until January of next year. Just my prediction.

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December 23, 2017, 07:52:06 PM
 #3

I dont think that it will get back to $20000 again, but all those who sold before are now buying back, so yes, the huge marketcap that bitcoin lost yesterday is going back to bitcoin again.
Maybe it wont touch $20k, but  $17 - $18 thousand dollars are a realistic price.

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December 23, 2017, 08:04:18 PM
 #4

I dont think that it will get back to $20000 again, but all those who sold before are now buying back, so yes, the huge marketcap that bitcoin lost yesterday is going back to bitcoin again.
Maybe it wont touch $20k, but  $17 - $18 thousand dollars are a realistic price.


I don't see why it won't go back to the long term trend. I mean, the rise in bitcoin prices was never a bubble, its all about the rising difficulty. Also remember the last time it crashed $18k to $14k and people said it could never go higher than $18k (this happened less than a month ago), but than bitcoin prices not only rapidly recovered but they exceeded the $18k threshold and hit almost $20k. I see no reason as to why a similar thing to this will happen again before year end.

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December 23, 2017, 08:09:22 PM
 #5

Prices have already recovered to $15k according to preev. So, is it possible for bitcoin prices to return to its $19k peak by year eand if we follow current trend. The prices were at about $13k yesterday and today its risen by $2k. If it rises like this everyday until the end of the year, we might even exceed the bitcoin peak.

One thing is clear though, all the doomsayers who claimed the bubble was popping are wrong. The recovery is clear and that drop was nothing short of a miscalculation by investors, who now realise their mistakes and are buying back bitcoins.
It recovered quickly to be honest than what was expected. While hundreds of people were speculating how many days will this "biggest bubble burst" continue for,the price recovered within a day's gap. This may be an indicator that the charts can go from a V-shaped one to a W-shaped one where the price will drop again and recover quickly yet again. Its a possibility not an assurance.


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December 23, 2017, 09:57:59 PM
 #6

Prices have already recovered to $15k according to preev. So, is it possible for bitcoin prices to return to its $19k peak by year eand if we follow current trend. The prices were at about $13k yesterday and today its risen by $2k

Not a full recovery, but who knows if bitcoin is not going toward touching the new all time high?

I have seen a lot of skeptical people during the last few days, and most of them were the only ones who were trying to spread as much fud as they could all over this forum and in reddit.

That was a little bit annoying, but we all know that bitcoin will never be destroyed, doesn't matter what.

Yesterday i placed an order to buy 0.5 btc at $11,300, and it got filled up.

A lot of my friends told me that it was crazy.. But i am almost on a profit of more than $2,500 right now.
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December 23, 2017, 09:58:25 PM
 #7

I believe it will remain stable at 15k, need some time without jumping
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December 23, 2017, 10:01:22 PM
 #8

I believe on the same.. Maybe not only between those ranges because the price is already at $15800 at the moment, so it is impossible to be stable at fifteen thousand dollars.

I have been thinking about it too, but what if it really touches $20000 before the end of the year? It could be amazing, and just think about it, everybody will be investing like CRAZY again.

I believe it will remain stable at 15k, need some time without jumping

The trust is going to came back again and it will skyrocket one more time.

It is just matter of time until we can see it.


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December 23, 2017, 10:09:32 PM
 #9

The year end is very close so most professional traders have probably withdrawn their funds into fiat currency if they want to see funds in their bank account at the year end. Lots of people will also be in holiday mode so there is likely to be less activity but there may still be speculators piling in.

R


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December 23, 2017, 10:10:09 PM
 #10



I believe on the same.. Maybe not only between those ranges because the price is already at $15800 at the moment, so it is impossible to be stable at fifteen thousand dollars.

I have been thinking about it too, but what if it really touches $20000 before the end of the year? It could be amazing, and just think about it, everybody will be investing like CRAZY again.

I believe it will remain stable at 15k, need some time without jumping

The trust is going to came back again and it will skyrocket one more time.

It is just matter of time until we can see it.


Do you think this will happen before end of the year?

It is trending that way...
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December 23, 2017, 11:08:39 PM
 #11

Prices have already recovered to $15k according to preev. So, is it possible for bitcoin prices to return to its $19k peak by year eand if we follow current trend. The prices were at about $13k yesterday and today its risen by $2k. If it rises like this everyday until the end of the year, we might even exceed the bitcoin peak.

One thing is clear though, all the doomsayers who claimed the bubble was popping are wrong. The recovery is clear and that drop was nothing short of a miscalculation by investors, who now realise their mistakes and are buying back bitcoins.

Prices have recovered from the drop on Thursday and Friday, but do we want the price to go back up to $20k at break neck speed? Such speed bumps are good in the long term for Bitcoin usage. We could see a slow grind upwards, rather than head back up to $20k before the end of this year.
Lots of people will be relaxing and enjoying Christmas, not rushing in to buy because we had a small correction.


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December 24, 2017, 12:32:05 AM
 #12

I do not think at the end of the year bitcoin prices will go up because it is certain that many people are pulling bitcoin into fiat money to spend on new year celebration shopping needs so bitcoin prices will not go up. People will not easily abandon their shopping habits using paper money so making them use bitcoin will take a long time. So the end of this year bitcoin prices will not reach high prices.
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December 24, 2017, 12:36:36 AM
 #13

every possibility can happen as we know that in cryptocurrency things change so fast and no one will know. although maybe bitcoin cannot make a full recovery by year end, we could still make a profit from bitcoin and the good news, our chance to make another profit from altcoin is wide open. I think if the bitcoin price stays at $15k and not going to go up or down too far and our profit in altcoin is big, it means our profit in fiat will be big too.

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December 24, 2017, 02:59:52 AM
 #14

I do not think at the end of the year bitcoin prices will go up because it is certain that many people are pulling bitcoin into fiat money to spend on new year celebration shopping needs so bitcoin prices will not go up. People will not easily abandon their shopping habits using paper money so making them use bitcoin will take a long time. So the end of this year bitcoin prices will not reach high prices.
yeah that's right i have doubts also maybe the valued  will not go up until year end because now adays there's of bitcoin holders converting their bitcoin to buy things and foods for Christmas celebration and also for new year celeb. .perhaps in 2018 it wil grow again and touch down again the 20k valued. As of know we have no clue if it will grow before year end. 
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December 24, 2017, 03:25:08 AM
 #15

I dont think that it will get back to $20000 again, but all those who sold before are now buying back, so yes, the huge marketcap that bitcoin lost yesterday is going back to bitcoin again.
Maybe it wont touch $20k, but  $17 - $18 thousand dollars are a realistic price.

back will goooops way Yahya beyond   20000 gs    in the new year I'm thinking   35  40000 for sure    would  be great  be we  all never know
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December 24, 2017, 03:27:19 AM
 #16

Lol yeah if 25% is a bubble popping then we've got lots more bubbles that are going to pop when we hit 50k, 100k, 300k and 1 million. That'll be the ultimate bubble where everyone uses bitcoin and no one gives a crap about fiat anymore.
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December 24, 2017, 03:37:20 AM
 #17

This price correction was painful for a lot of people, I'm sure (although some people probably made money off of the panic-sellers).

The truth is that in order for Bitcoin to rise even further, such corrections are *necessary*.

I was getting really worried a week or two ago because there was no correction. Now I am more confident in the market, although it might not be over yet - I will just hodl and see.

Using crypto to pay for college.
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December 24, 2017, 05:00:56 AM
 #18

It is possible that Bitcoin price will recover before the end of the year but no one will really know when will it happen, but one thing is for sure it will always recover and will reach a new all time high after the crash, and will drop again, it is just like a cycle that will never end because there are investors who will always take their profit when Bitcoin reach a certain amount. Those people that panic and sold their Bitcoin during the crash will regret selling it at a low price because Bitcoin price will come back soon.
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December 24, 2017, 05:03:12 AM
 #19

It’s just volatility, hodl and invest on dips!
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December 24, 2017, 05:17:42 AM
 #20

It’s just volatility, hodl and invest on dips!


Now is the best time to buy bitcoin?
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