Won't people sell it ?

[pawanjain]

As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

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[Stelagus]

I don't think so, decline Will arrive much faster. Just look at chart, it is take a half of year.

[Rozita]

As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

Some people sell bitcoin and some people buy bitcoin. It's what happens all the times in the market. News and many other factors determine the supply and demand and demand can be higher even if many people take out their profit. Whales also affect the prices. Note that a day the price was less that a dollar. Just look at the charts. The next wave can be very fast.

[swissgang]

No then the market should be always at same place but the new run will be much more different and stronger, there will be sell for sure but expectation will be bigger.

[nanasei]

Bitcoins has shown to be a stable currency despite  most of the setback. Traders that bought it at 18000 during last year,that same trader won't sell it at 7500 USD now for a loss.

[Ahmadarwani56]

yes of course,because look at the market the more decreased people don't want to risk more,because it will be a very big loss.therefore the user will continue to sell his coins.

[peter0425]

As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

We need to factor in why the price suddenly grow last year specially in December. Its because of CBoE and CME coming into the market. So people goes irrational that time. Buying its peak thinking that the price will continue to grow. So first I don't think that we can have the same momentum as last year because there will institutional investors coming in and second with so much talks of regulations amongst nation globally. So yeah, I would agree that we can't really expect that growth we have achieved last year this 2018.

[olubams]

As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

Your analogy is fine but the market is too complex to fit into that singular explanation. The only thing that would make it fall faster than last year is if there is no enough demand for bitcoin but if a major market player decides to buy irrespective of price, the glut would have been mopped up to nullify the theory of price crashing really fast. There is also no certainty that price would reach the all time high that was witnessed last year. Its best to approach every angle with caution.

[okala]

If bitcoin can get to $19,000 it is going to be through very serious fundamentals issues and at that price this time around people will still be buying.  I didn't think that all us will be selling at the same time but I believe they are going to be people that are still going to be buying and it might be an institutional buying.

[vit05]

19k It was only a peak that lasted very little. We'll see if people will actually go back to buying volume if the price goes up to 14k. This is a resistance that can define if this will be the year we will reach 50k

[ajqjjj]

As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

Obviously, we cannot expect the pump and dump because everything is decide by circulation and demand of the coin so anytime it will going to peak but Bitcoin is higher value coin so it will raise slowly.
This year we expect the quick hype in next month so we should keep calm in current scenario automatically this will going to upward.

[spyerf]

As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

considering the increase and decrease occurs on the cause of many sales and purchases in large quantities, this possibility can happen. but maybe people will hold it for a higher increase so that the increase in bitcoin value will continue to increase in a longer time.

[First77]

If bitcoin can get to $19,000 it is going to be through very serious fundamentals issues and at that price this time around people will still be buying.  I didn't think that all us will be selling at the same time but I believe they are going to be people that are still going to be buying and it might be an institutional buying.

Bitcoin $1 to $10,000 in 9 years has broken all the fundamentals and logics. Bitcoin is going back to $2,000.

[samcrypto]

Bitcoin may not take the same way this year but I think $20k is still possible to reach.
Yes bitcoin is quiet unstable right not when it pump twice it will drop thrice, but if you believe in long term holding for sure bitcoin are still worth it. We have different story now, lets deal with it and be more patient.

[Ararbermas]

 On this month i think it will never go further and perhaps 7k is enough like what others predictions, and i think the good idea for this circumstances is to keep holding and buy more instead of panicking 'cause surely before mid of june the growth rate will continue to climb again like what happened before which is the valued gradually increase and surge above.

[markdario112616]

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

I agree, It may not rise or fall the same but We can't also deny the possibilties that it could happen. There are already cases in which the history repeats itself. Also, It has been part of the industry that we use the past trends to come up or to predict the current or the possible outcomes.

[1Referee]

Bitcoin $1 to $10,000 in 9 years has broken all the fundamentals and logics.

Bitcoin will keep breaking traditional fundamentals with how small it still is. You fail to understand that while the price may have increased significantly throughout the last years, the number of available coins has never been this low. A constantly growing circle of wealthy entities will try to buy up as many coins as possible, which only further decreases the number of available coins.

If you also take into consideration that we will have various funds that are backed by actual coin supply, the market will dry up harder than ever before.

We have had various countries last year that functioned as prime example of what coin scarcity means. South Korea at a sudden point traded Bitcoin at a +$5000 premium!

Bitcoin is going back to $2,000.

Short it.

[aardvark15]

As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

My guess is that if Bitcoin gets back to $19,000 this year, it might have a small correction but then it will just keep  rising. Anyone that sells will regret it because it could keep rising to $30,000 or some high amount like that.

The reason I think that is because of what happened earlier in 2017. The price started the year probably under $1000 and it kept rising and everyone (including me) thought it would crash when it hit $2000 or $3000 but it just kept rising.

[EdenHazard]

An investor who sells bitcoin is not without reason, they have a reason to sell bitcoin. The decline that occurred in early January and then due to the many regulations that prohibit bitcoin, and consequently almost some investors sell bitcoin. This will not happen if it is not regulation from some countries and other reasons that make them have the same decision to sell. They will stay hodl or even increase their investment (buy bitcoin) if some countries accept bitcoin. The end of the year does not mean the day that investors sell the bitcoin he has.

[hasmukh_rawal]

Bitcoin may not take the same way this year but I think $20k is still possible to reach.
Yes bitcoin is quiet unstable right not when it pump twice it will drop thrice, but if you believe in long term holding for sure bitcoin are still worth it. We have different story now, lets deal with it and be more patient.

Yes you are right. Nothing is impossible and hence the target $20k is possible for Bitcoin to achieve but at the same time, everything has a reason.
So inorder for Bitcoin to hit $20k, it should have some solid reasons behind it so that people buy in the market. Without any reason I don't think people will be buying BTC much. The price might not even cross $12k if there are no good solid reasons why people should buy BTC.