Realistically, how do you think bitcoin will perform this year?

[nakamura12]

So, as many are well aware, Bitcoin saw a huge rise in 2017, peaking over $20,000 in some regions;

Of course, it would be tremendous to see those kinds of gains again in 2018, but with regulatory pressure coming down hard, bitcoin has in more difficult waters than ever before.

With segwit acceptance increasing, and the advent of the lightning network likely by year end, how does bitcointalk think BTC will perform this year, and why?

In my own opinion, most people know about bitcoin doesn't know how bitcoin perform at certain time and the value of bitcoin at a certain place because it depends on the buyer in the market that demands bitcoin. If there are too many supplier then the value of bitcoin goes down so, no matter how many bitcoins you have but the demand of bitcoin is low, the performance and value of bitcoin won't increase. It's all about supply and demand (too many SUPPLIER the price will inflate, If the supply of bitcoin is rarely or seldom the price will surely increase and everyday trading of bitcoin increases the performance).

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[Tankdestroyer]

So, as many are well aware, Bitcoin saw a huge rise in 2017, peaking over $20,000 in some regions;

Of course, it would be tremendous to see those kinds of gains again in 2018, but with regulatory pressure coming down hard, bitcoin has in more difficult waters than ever before.

With segwit acceptance increasing, and the advent of the lightning network likely by year end, how does bitcointalk think BTC will perform this year, and why?

Because of the huge rise in 2017, I think Bitcoin price rise this year would not be that big but I am sure this year would probably be one of the most significant for Bitcoin because if lightning network really fixed slow transactions, then Bitcoin investors as well as users will have more confidence in it. Overall I think Bitcoin would not perform badly this year but it won't perform greatly in terms of price rise.

[JC btc]

Some are saying that this year is the year of harvesting of our hard work in investing, as the experts says that it could reach before the end of the year to $45k and some says $100k, whenever the price doubled or tripled for as long as we have enough fund to enjoy the benefit of holding and not only watching those person celebrating their income, and it is not possible since we do have stock that extremely have high volatility and susceptible to bubble bursts.

[alyssa85]

I think it will stay above 10k because there is still strong support.

But I also think we are having a very hard time to go above 13k (or even 14k) because once that point is reached, it seems everyone is selling again.

So I think we will stay in the corridor of 11-13k (maybe 10-14k) for a long time.

Agree with this. There are lots of hedge fund buyers sitting just below $10,000 and they're keen to doversify in case the stock market falls back (the bull run in stocks is getting old and must come to an end).

[tabas]

As usual that bitcoin will perform well for this year. Noobs will think that it's the end of bitcoin but the year is just starting right? There are too many days to see a light and that basically will make bitcoin give a good movement.

I think it will stay above 10k because there is still strong support.

This is still a fine support for us and the new ones need to be calm and wait for it's slow movement but just like 2017, the same wave can happen for this year.
Jan 2017 = $1,000   / Jan 2018 = $9,000
Dec 2017 = $19,000+ / Dec 2018 = 

[posoa]

I think bitcoin will rise to about 11k  because many have strongly invested in it , and looking at the year 2018, Predicting its price  rise this year may not seem to be an easy task to do, as Bitcoin may become more Volatite than last yaer. So I think bitcoin is  experiencing a dip period  that once we can scale through this period , possibly by february 2018, there might be a possibility for the price to rise between 12 - 15k, how ever it may not be  as fast as  expected.

[budz0425]

Bitcoin is the most valuable cryptocurrency in the world, and we are all assuming and expecting a good outcome about it just like how it perform last year. Well, value rely entirely in us, so let us just ask ourselves about it "how we are able to make the performance last year to do same thing this year'' let us not wait, let us act so it will 'REALLY' happen.

[roxbit]

Bitcoin is the most valuable cryptocurrency in the world, and we are all assuming and expecting a good outcome about it just like how it perform last year. Well, value rely entirely in us, so let us just ask ourselves about it "how we are able to make the performance last year to do same thing this year'' let us not wait, let us act so it will 'REALLY' happen.

According to the experts, bitcoin will have a good performance this year. There are only factors that have caused its price early this year like the stock market supply and demand. But eventually it be stable and its votality will be lessercompared to what happened today. So, I believe that the experts in cryptocurrency are right. And there is nothing to worry about.

[Seeker#9]

Every year, bitcoin has different performance level and this year might also differ from last year. Last year bitcoin had its one of the best performance by reaching many all-time highs that peak to almost $20k last december before slowing down for price correction. This year performance will still depend on supply and demand and positive factors that will boost bitcoin price. Repeating its last year's performance wil remain to be seen as bitcoin price still consolidating. I think this year's bitcoin performance will again differ from last year.

[timerland]

So, as many are well aware, Bitcoin saw a huge rise in 2017, peaking over $20,000 in some regions;

Of course, it would be tremendous to see those kinds of gains again in 2018, but with regulatory pressure coming down hard, bitcoin has in more difficult waters than ever before.

With segwit acceptance increasing, and the advent of the lightning network likely by year end, how does bitcointalk think BTC will perform this year, and why?

I expect the price of bitcoin to stay in between $8000 and $30000, there may be fluctuations that are outside of that bracket but that would be something that is temporary and short lived, as the pendulum should always return to its initial range eventually. Just like this dump, even though the price has gone under $10k, it didn't mean that it went under for long because the real support is at $10k mostly.

It's hard to predict exactly what will happen, since there are so many outside influencers that can't be predicted in the month of january like governments. I think that the price increase will slow down compared to last year, aka no more doubling every 3 months this year. But bitcoin should still see daylight from this bear market right now, climb to $15k-16k, and the challenge the $20k barrier again.

For an investor, your portfolio should be designed to work in every scenario, and no scenario should result in you losing all of your money. Don't put your eggs in one basket, even if it's bitcoin.

[lili song]

So, as many are well aware, Bitcoin saw a huge rise in 2017, peaking over $20,000 in some regions;

Of course, it would be tremendous to see those kinds of gains again in 2018, but with regulatory pressure coming down hard, bitcoin has in more difficult waters than ever before.

With segwit acceptance increasing, and the advent of the lightning network likely by year end, how does bitcointalk think BTC will perform this year, and why?

I expect the price of bitcoin to stay in between $8000 and $30000, there may be fluctuations that are outside of that bracket but that would be something that is temporary and short lived, as the pendulum should always return to its initial range eventually. Just like this dump, even though the price has gone under $10k, it didn't mean that it went under for long because the real support is at $10k mostly.

It's hard to predict exactly what will happen, since there are so many outside influencers that can't be predicted in the month of january like governments. I think that the price increase will slow down compared to last year, aka no more doubling every 3 months this year. But bitcoin should still see daylight from this bear market right now, climb to $15k-16k, and the challenge the $20k barrier again.

For an investor, your portfolio should be designed to work in every scenario, and no scenario should result in you losing all of your money. Don't put your eggs in one basket, even if it's bitcoin.

Yes I hope bitcoin also can reach $ 20,000 or $ 40,000 in this year. I see in this month bitcoin increase slowly, but I sure in a few month later bitcoin will increase fast. Because the price down so many investors will buy again bitcoin for invest. Some country still problem about the government ban bitcoin, it will a little bit effect about the price. But you said "don't put your eggs in one basket", I agree with this statement, because if one basket have problem, you don't have another basket again to support you. So will be better have 2 or 3 basket for investment.

[onrise]

Bitcoin is the most valuable cryptocurrency in the world, and we are all assuming and expecting a good outcome about it just like how it perform last year. Well, value rely entirely in us, so let us just ask ourselves about it "how we are able to make the performance last year to do same thing this year'' let us not wait, let us act so it will 'REALLY' happen.

According to the experts, bitcoin will have a good performance this year. There are only factors that have caused its price early this year like the stock market supply and demand. But eventually it be stable and its votality will be lessercompared to what happened today. So, I believe that the experts in cryptocurrency are right. And there is nothing to worry about.

As mostly it is driven by the demand and supply and demand will keep reducing as right from the beginning of the year we had South Korean getting stricter with the norms, Now its France and Germany who have decided to crackdown on btc thus it is putting a near end for its citizens if they decided to ban or if put regulation it will be much better for the bitcoin world. So may be we can have a negative impact of all this news on the price and may be it may rise and fall back again with such types of news if it keeps happening.

[GetOutOfMyLife]

I'm expecting 25k around March, 50k by May, and something between 70-100k by the end of the year.

But we will have more volatility than before. Price is already doing swings of four digits, going from 13k to 11k in a matter of hours.

One thing that I want for bitcoin is to decrease the fees. LN can solve that, as most users will be on smartphones, not running nodes. This will unclog the legacy chain.

Another thing I want is smart contracts for bitcoin, to increase its security and made it more trustless. Conditioned payments is the future.

This seems highly optimistic, I don't see any indication of why we'll reach $50k by March personally. Do you have any evidence to back up your predictions, as the LN isn't anywhere close to mainstream yet.

[Torque]

My prediction:

Slow grind down for 6-8 more weeks, one final dump to scare the fk all out of the market (probably dip $7-8k-ish), and then the downtrend will be broken. Then a little up, and then pretty much sideways for 3-4 more months.

The thing about momentum trades is once they top and pop, they never will return to your market until a new bottom is found and the downtrend has reversed. This usually takes a LOT longer than most people have the patience for.

[BitHodler]

My prediction:

Slow grind down for 6-8 more weeks, one final dump to scare the fk all out of the market (probably dip $7-8k-ish), and then the downtrend will be broken. Then a little up, and then pretty much sideways for 3-4 more months.

The thing about momentum trades is once they top and pop, they never will return to your market until a new bottom is found and the downtrend has reversed. This usually takes a LOT longer than most people have the patience for.

It makes sense. I think the real bullish trigger will need to come from lightning network, and as long as we don't have that, we'll keep hovering within $10,000 (could even be sub $10,000) and the $15,000 mark comfortably.

If we're completely honest and look at the market from an unbiased (ie, non exaggerated bullish) perspective, we are still holding strong and belong exactly where we are right now.

This longer period of a non upwards moving market allows people to consistently accumulate coins at these 'lower' levels. If people don't use this time to accumulate, I seriously don't know what they are doing here.

It's a fantastic opportunity. Especially for those who bought at much higher levels. If you buy now, you will automatically lower your overall entry price. It's just a matter of logical thinking.

[Denker]

My prediction:

Slow grind down for 6-8 more weeks, one final dump to scare the fk all out of the market (probably dip $7-8k-ish), and then the downtrend will be broken. Then a little up, and then pretty much sideways for 3-4 more months.

The thing about momentum trades is once they top and pop, they never will return to your market until a new bottom is found and the downtrend has reversed. This usually takes a LOT longer than most people have the patience for.

Sounds reasonable.
I also think we will see another downwards push to scare the last remaining weak hands out of the market. And after that we'll probably go sideways until june or july.
Right now all the newcomers' believe in Bitcoin and their patience will be tested.
The big money wants the noobs and crypto kiddies out of the market. This is pretty obvious imo.
So either you have strong hands and can go through that, no matter how hard it will be for some out there, or they just leave and will regret it big in 2 years.

[GetOutOfMyLife]

My prediction:

Slow grind down for 6-8 more weeks, one final dump to scare the fk all out of the market (probably dip $7-8k-ish), and then the downtrend will be broken. Then a little up, and then pretty much sideways for 3-4 more months.

The thing about momentum trades is once they top and pop, they never will return to your market until a new bottom is found and the downtrend has reversed. This usually takes a LOT longer than most people have the patience for.

Sounds reasonable.
I also think we will see another downwards push to scare the last remaining weak hands out of the market. And after that we'll probably go sideways until june or july.
Right now all the newcomers' believe in Bitcoin and their patience will be tested.
The big money wants the noobs and crypto kiddies out of the market. This is pretty obvious imo.
So either you have strong hands and can go through that, no matter how hard it will be for some out there, or they just leave and will regret it big in 2 years.

Doesn't it appear that the newcomers that were caught in the push to $20k have probably cashed out and actualized their losses, maybe these people will be unlikely to jump back on the bandwagon when bitcoin starts recovering, hence the overall pool of possible newcomers is reduced with every crash, due to the amount of noobs being burned each time.

[olushakes]

So, as many are well aware, Bitcoin saw a huge rise in 2017, peaking over $20,000 in some regions;

Of course, it would be tremendous to see those kinds of gains again in 2018, but with regulatory pressure coming down hard, bitcoin has in more difficult waters than ever before.

With segwit acceptance increasing, and the advent of the lightning network likely by year end, how does bitcointalk think BTC will perform this year, and why?

At this time its really not the right time to predict on what not will the year run and how smooth or rough its going to be but one thing is sure either route is not going to be easy because we have had a poor start in my own opinion and everything happening does not suggest that might likely change because the market is just dull generally but all we can do is to wait for the market to lick up itself. When that happen, the likely possible outcome can be known.

[J. Cooper]

My prediction:

Slow grind down for 6-8 more weeks, one final dump to scare the fk all out of the market (probably dip $7-8k-ish), and then the downtrend will be broken. Then a little up, and then pretty much sideways for 3-4 more months.

The thing about momentum trades is once they top and pop, they never will return to your market until a new bottom is found and the downtrend has reversed. This usually takes a LOT longer than most people have the patience for.

It makes sense. I think the real bullish trigger will need to come from lightning network, and as long as we don't have that, we'll keep hovering within $10,000 (could even be sub $10,000) and the $15,000 mark comfortably.

If we're completely honest and look at the market from an unbiased (ie, non exaggerated bullish) perspective, we are still holding strong and belong exactly where we are right now.

This longer period of a non upwards moving market allows people to consistently accumulate coins at these 'lower' levels. If people don't use this time to accumulate, I seriously don't know what they are doing here.

It's a fantastic opportunity. Especially for those who bought at much higher levels. If you buy now, you will automatically lower your overall entry price. It's just a matter of logical thinking.

I wouldn't mind a slightly bearish market for the next couple of months. I feel like we really needed it after the insane growth. We will also be able to see who's here for the money and who really is bullish on the technology. We musn't forget that $10K still is a damn nice price. When you would ask me in march of last year where I'd like to see bitcoin I would've told you $3K a piece would be nice and $5K would be very optimistic and yet here we stand. We tend to take the insane gains for granted.

[taeewo]

So, as many are well aware, Bitcoin saw a huge rise in 2017, peaking over $20,000 in some regions;

Of course, it would be tremendous to see those kinds of gains again in 2018, but with regulatory pressure coming down hard, bitcoin has in more difficult waters than ever before.

With segwit acceptance increasing, and the advent of the lightning network likely by year end, how does bitcointalk think BTC will perform this year, and why?

This year will be great for bitcoin, infact every year Bitcoin price will keep increasing..