Your prediction (BTC and alts)

[Xie89]

What are your predictions on BTC and alts the start of the year?

I think, looking back at the historical charts of BTC, that it will drop to max $8.500 until the 20th/21st of January.

Then it will rise again, hover between $12.000 and $16.000 for the first half of the year. Then, around Juli (or even before) the big climb will begin, to $20.000 and then to the end of the year I predict an amount of above $43.000.

For alts, it totally depends on what you're holding. I think a lot of coins will fall, coming out for what they truly are, lousy money grab projects, or becoming what they really will be: mega projects forming the future of the blockchain, and with it, the future of mankind. Think in the size of companies like Google, Amazon, Alibaba. Invest well here (where your mind and heart lies) and you could become part of that future, and become filthy rich  

Also I have very high hopes for Ethereum. This will be their year and I think, year's end it will see a price of over $8.000  


This is all coming straight out of my crystal ball, I have no clue if it will be and there are predictions of BTC plummeting to less than $1.800 too.



What are your thoughts on this, where does your crystal ball lead you??

[Anti-Cen]

My crystal ball is working and a week ago I was warning people here to put a stop loss on
BTC at $10,000 and got lots of abuse for it.

Below $8,000 looks quite possible today but longer term unless we get cast iron guarantees
that miners will not be allowed to hold us to ransom with fees then no one is going to trust
the BTC development team and people that leave won't be coining back.

1. ETH
2. Ripple
3. BTC 

within six months

[Xie89]

My crystal ball is working and a week ago I was warning people here to put a stop loss on
BTC at $10,000 and got lots of abuse for it.

Below $8,000 looks quite possible today but longer term unless we get cast iron guarantees
that miners will not be allowed to hold us to ransom with fees then no one is going to trust
the BTC development team and people that leave won't be coining back.

1. ETH
2. Ripple
3. BTC 

within six months

I do think you have a good point, as much as I don't agree with the centralized Ripple 

[Alanin]

I saw a guy earlier saying it will dump all way down to 1000, even 1$. 

I truly dont believe it will go below 5k, as its still being used a digital currency many many places and is the #1 currency that is used for trading all the other alts.

Another factor compared to BTC would be all the fresh and more superior coins showing up.  BTC is slow and has high transaction fees.  (We dont want that)

For alts. I see this as a good oppertunity to clean up in all this shitcoin mess. And at the same time get in on a good low for some promising alts (long-hodl)

[huydavid]

 Yesterday’s China induced technical breakdown led to an unmitigated disaster in the crypto segment, as all of the majors crashed, erasing hundreds of billions of market cap in the process. The collapse of the alleged Ponzi scheme of Bitconnect added insult to injury and caused another wave of selling in late trading, driving the price of Bitcoin to $10,000, a bit earlier than expected.

 The most valuable digital currency rebounded as much as 15% after the late-session crash, but the selling pressure remained strong and today BTC briefly traded below yesterday’s low, with most of the majors holding up above the crash low.

 That said, the sell-off is unlikely to be over and volatility is probably here to stay for the week, with violent swings in both directions. The coin is still likely to push lower, with a possibly lengthy bottoming phase, so a quick recovery to the record highs is unlikely, but strong support is found below $10,000 at $9200, $8200, and $7650.

 Traders should be aware of the elevated risk in short-term positions here, while long-term investors could slowly accumulate positions on the sell-offs, as the coins are headed to oversold territory.

 A Little Perspective

 While the percentage losses are huge, and sentiment is already strongly negative in the segment, the majority of the largest coins gave back only a few weeks of gains, even if that was the most explosive part of the advance.

 BTC hit $10,000 on November 29th, ETH traded at the current levels first two weeks ago, and even Ripple only shed the gains of less than a month with the more than 70% decline. With that in mind, calling the end of cryptocurrencies is foolish, but also a longer period of underperformance might be needed for another run-up to form in the coins, given the extent of the speculative episode of late 2017.

 Also, as they say, where there is one cockroach there are more, so the example of Bitconnect tells us that a much-needed cleansing of the segment could be around the corner.

[Xie89]

Yesterday’s China induced technical breakdown led to an unmitigated disaster in the crypto segment, as all of the majors crashed, erasing hundreds of billions of market cap in the process. The collapse of the alleged Ponzi scheme of Bitconnect added insult to injury and caused another wave of selling in late trading, driving the price of Bitcoin to $10,000, a bit earlier than expected.

 The most valuable digital currency rebounded as much as 15% after the late-session crash, but the selling pressure remained strong and today BTC briefly traded below yesterday’s low, with most of the majors holding up above the crash low.

 That said, the sell-off is unlikely to be over and volatility is probably here to stay for the week, with violent swings in both directions. The coin is still likely to push lower, with a possibly lengthy bottoming phase, so a quick recovery to the record highs is unlikely, but strong support is found below $10,000 at $9200, $8200, and $7650.

 Traders should be aware of the elevated risk in short-term positions here, while long-term investors could slowly accumulate positions on the sell-offs, as the coins are headed to oversold territory.

 A Little Perspective

 While the percentage losses are huge, and sentiment is already strongly negative in the segment, the majority of the largest coins gave back only a few weeks of gains, even if that was the most explosive part of the advance.

 BTC hit $10,000 on November 29th, ETH traded at the current levels first two weeks ago, and even Ripple only shed the gains of less than a month with the more than 70% decline. With that in mind, calling the end of cryptocurrencies is foolish, but also a longer period of underperformance might be needed for another run-up to form in the coins, given the extent of the speculative episode of late 2017.

 Also, as they say, where there is one cockroach there are more, so the example of Bitconnect tells us that a much-needed cleansing of the segment could be around the corner.

Thanks for that extremely well written analysis, very interesting.


And mods, thanks for placing in right segment.

[authorfriendly]

What are your predictions on BTC and alts the start of the year?

I think, looking back at the historical charts of BTC, that it will drop to max $8.500 until the 20th/21st of January.

Then it will rise again, hover between $12.000 and $16.000 for the first half of the year. Then, around Juli (or even before) the big climb will begin, to $20.000 and then to the end of the year I predict an amount of above $43.000.

For alts, it totally depends on what you're holding. I think a lot of coins will fall, coming out for what they truly are, lousy money grab projects, or becoming what they really will be: mega projects forming the future of the blockchain, and with it, the future of mankind. Think in the size of companies like Google, Amazon, Alibaba. Invest well here (where your mind and heart lies) and you could become part of that future, and become filthy rich  

Also I have very high hopes for Ethereum. This will be their year and I think, year's end it will see a price of over $8.000  


This is all coming straight out of my crystal ball, I have no clue if it will be and there are predictions of BTC plummeting to less than $1.800 too.

Ethereum (Ether) is likely to do better in the next year than ever before, because all the people discovering bitcoin now are finding out about altcoins (several months lag) and the first one they will read about (or buy a crypto-kitty made of) with be Ethereum. The big reason it will take off soon (maybe this year) is that it has the value on the usefulness of it as software, which will make it more mainstream, (if the ICO rush doesn't lead a rush of bad news).

As for dollar equivalent amounts, I expect about another 1000% increase in bitcoin, (probably will at least test 100K)  and closer to 1900% (approximately 20K) increase in ether. Those % changes would be stable but starting place might be a bit lower if bitcoin breaks down further.

[terraniagra]

I think BTC can reach 25K in end years. Hope not so many bad issues on it, like today. Bitcoin dropped because China and Korea issues. For altcoins, i think they will be rise around 25-75% than 2017

[LitleCryptic]

I think the struggle will unfold between the BTC and the ETH. And each of them during the year will show a good result and at least doubles. But in addition to them there are very promising coins from the top on which it is worth paying attention.

[topesis]

I think BTC will hit $50k this year, though I don't know when and next halving it will hit $100k, people need to see long term here, forget the recent drama and if you believe in the coin hold 10 BTC and become a million

[Xie89]

What are your predictions on BTC and alts the start of the year?

I think, looking back at the historical charts of BTC, that it will drop to max $8.500 until the 20th/21st of January.

Then it will rise again, hover between $12.000 and $16.000 for the first half of the year. Then, around Juli (or even before) the big climb will begin, to $20.000 and then to the end of the year I predict an amount of above $43.000.

For alts, it totally depends on what you're holding. I think a lot of coins will fall, coming out for what they truly are, lousy money grab projects, or becoming what they really will be: mega projects forming the future of the blockchain, and with it, the future of mankind. Think in the size of companies like Google, Amazon, Alibaba. Invest well here (where your mind and heart lies) and you could become part of that future, and become filthy rich  

Also I have very high hopes for Ethereum. This will be their year and I think, year's end it will see a price of over $8.000  


This is all coming straight out of my crystal ball, I have no clue if it will be and there are predictions of BTC plummeting to less than $1.800 too.

Ethereum (Ether) is likely to do better in the next year than ever before, because all the people discovering bitcoin now are finding out about altcoins (several months lag) and the first one they will read about (or buy a crypto-kitty made of) with be Ethereum. The big reason it will take off soon (maybe this year) is that it has the value on the usefulness of it as software, which will make it more mainstream, (if the ICO rush doesn't lead a rush of bad news).

As for dollar equivalent amounts, I expect about another 1000% increase in bitcoin, (probably will at least test 100K)  and closer to 1900% (approximately 20K) increase in ether. Those % changes would be stable but starting place might be a bit lower if bitcoin breaks down further.

Wow 20k for Eth  That would make me a happy man!

[Inkognito222]

Very promised altcoin in 2018 is Spectrecoin (XSPEC), privacy coin with amazing tech, one of the best altcoin

[Celebrity]

I think BTC will hit $50k this year, though I don't know when and next halving it will hit $100k, people need to see long term here, forget the recent drama and if you believe in the coin hold 10 BTC and become a million

Likely to happen, but we can't make sure easily if this is for real. For bitcoin, I don't have much predictions. I think it will be above $30k. For ethereum, I think it will be $4k this year. Let's see which one is the most accurate.

[pey]

I hold no btc now and not planning to buy any btc but it may fall below $8K or go $15-20K south korea or any other strong govt will play with market until they are done with their purpose.

[bitekoin]

Ethereum is the highest possibility of surviving the blockchain world as it is backed by numerous good ICOs like Arcblock. However, this will depend on the team solving its scaling issues, but I cannot think of a better crypto team than that of the Ethereum devs currently.

[EHT7500]

 Bitcoin sinks below $10,000 and is now 52% off all-time high as cryptocurrency sell-off deepens! Sell-off in cryptocurrencies continued for a second day Wednesday.   I hope to buy by 8000.

[Lastsamuraj]

As an altcoin holder i really hope for a recovery as soon as possible,cuzz missed the drop point and lost around 50% of money.We have seen what happened in september with china tricks.Now we can see another joke from China.We have survived first one,and will this one.The problem now ,is that this time around new year time market was totally overbought and correction was unavoidable+China made a hit.So we can end up with even more losings.It will take few month now to see some recovery i think

[krm4700]

everything will rise again. Stay away from the computer and do some sports. You'll be fine. these things happen to be prisoners who panic. the red will be green

[EHT7500]

Must and can go up to 18-20k in the next 2 months. bitcoin is a nice coin and have good prospects also to invest. next month is the time for bitcoin to ascend to higher prices again.

[Poink]

Ethereum is the highest possibility of surviving the blockchain world as it is backed by numerous good ICOs like Arcblock. However, this will depend on the team solving its scaling issues, but I cannot think of a better crypto team than that of the Ethereum devs currently.

I agree but don't forget NEO... 

It is getting lots of traction recently...not quite like ETH yet but it will be a power to recon with in the near future.