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Author Topic: Bitcoin can back to 20.000 to December?  (Read 1263 times)
vitek_dyb
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August 08, 2018, 09:21:09 AM
 #1

What you thinking in this market can bitcoin back to high price or now is stable price  6000-7000 and in this year no hope that go up and nothing positive news to go gainer?
More specifically, Gordon’s cryptocurrency prediction is that Bitcoin will first drop below $5,000 only to rebound and reach $10,000 by the end of this year. Gordon argues that the main reason for this shifting price trend is the ”significant market volatility” in cryptocurrencies and Bitcoin.
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August 08, 2018, 11:09:10 AM
Last edit: August 08, 2018, 03:17:07 PM by guybrushthreepwood
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 #2

I don't know what people expect by creating these sorts of threads and asking these sorts of questions because the answers are always going to be:

Yes.
No.
Maybe.

Nobody knows where bitcoin is going to go and any speculation on the price is just that: speculation. It's educated guesses based on nothing concrete at the end of the day. Sure, bitcoin might go to 20k by December. It might not also. It might continue to fall and never recover. If the recent fall is due to the ETF pushback then they said they will give an answer by September and if that's the case and it gets the go ahead then yes, we might see a significant rise again shortly after, but I'm not sure it will go to 20k then (and maybe never will or could take a very long time at least).
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August 08, 2018, 12:44:35 PM
 #3

If the recent fall is due to the ETF pushback then they said they will give an answer by September and if that's the case and it gets the go ahead then yes, we might see a significant rise again short after, but I'm not sure it will go to 20k then (and maybe never will or could take a very long time at least).

i don't even think they are going to approve ETF. they will continue to play with us by pushing it back and back as much as they can and then finally reject it (like last year and other times). and since lots of newbies are just sitting there waiting for this particular news, the rise will be postponed for at least 1 month.

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August 08, 2018, 12:46:43 PM
 #4

I don't know what people expect by creating these sorts of threads and asking these sorts of questions because the answers are always going to be:

Yes.
No.
Maybe.

Nobody knows where bitcoin is going to go and any speculation on the price is just that: speculation. It's educated guesses based on nothing concrete at the end of the day. Sure, bitcoin might go to 20k by December. It might not also. It might continue to fall and never recover. If the recent fall is due to the ETF pushback then they said they will give an answer by September and if that's the case and it gets the go ahead then yes, we might see a significant rise again short after, but I'm not sure it will go to 20k then (and maybe never will or could take a very long time at least).

Actually mate, there's no certain answers for that speculated ideas but one thing I only knew is that more people predicts a much higher price in order to boost their confidence. The significant rise will occur only if demands and adoption of bitcoin will grow, because the volume in every trades will become larger in numbers. Traders will create more bids and then the effect is contagious, and could attract more buyer who will trade whether short or long term goals.


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August 08, 2018, 02:20:25 PM
 #5

More specifically, Gordon’s cryptocurrency prediction is that Bitcoin will first drop below $5,000 only to rebound and reach $10,000 by the end of this year. Gordon argues that the main reason for this shifting price trend is the ”significant market volatility” in cryptocurrencies and Bitcoin.

Who's Gordon?

IDGAF about what a bunch of retards think the price will do, because their opinion means nothing to me and should mean nothing to you.

People need to learn that everyone selling advice is a loser. If all these nut crackers knew even one thing about Bitcoin, they would trade it and not constantly try to make noobs believe this or that will happen. Seriously, being realistic helps you way more than being overly bullish in a market constantly settling lower highs and lower lows. Ignore all these "experts" and "analysts" and do your own research.

Start with comparing 2013's bull run and 2014's decline with 2017 and 2018. You'll realize how similar the cycles are.

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August 08, 2018, 07:21:09 PM
 #6

What you thinking in this market can bitcoin back to high price or now is stable price  6000-7000 and in this year no hope that go up and nothing positive news to go gainer?
More specifically, Gordon’s cryptocurrency prediction is that Bitcoin will first drop below $5,000 only to rebound and reach $10,000 by the end of this year. Gordon argues that the main reason for this shifting price trend is the ”significant market volatility” in cryptocurrencies and Bitcoin.

Just ride the trend. There is no accurate answer to your question even how well detailed technical analysis is.

If so, then all of us knows what will happened and no question like this will arise.

...or now is stable price  6000-7000

No way bitcoin price will become stable.

More specifically, Gordon’s cryptocurrency prediction is that Bitcoin will first drop below $5,000 only to rebound and reach $10,000 by the end of this year. Gordon argues that the main reason for this shifting price trend is the ”significant market volatility” in cryptocurrencies and Bitcoin.

His prediction will remained prediction until it will happened. No different from other predictions and speculations around.

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August 08, 2018, 10:09:44 PM
 #7

That's super hard question, especially when all the cyrpto market is going down like crazy. Big guys will purchase everything cheap from weak hands, the question is how low we can go and when we will reverse.
ETF decision was just delayed by 2 weeks and nothing bad happened and that was used just to dump the market

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August 08, 2018, 11:03:05 PM
 #8

I don't know what people expect by creating these sorts of threads and asking these sorts of questions because the answers are always going to be:

Yes.
No.
Maybe.

Ordinarily, that's how I approach this. Time is the most unpredictable element in trading. No matter how confident you are in trading the long term trend, there is so much room for fuckery, in terms of time.

Just consider the difference between the 2013 bear market (between April and November) and the 2014-2015 bear market!

Having said that, $20K by December has extremely low odds, low enough that I'm tempted to just say, no way. We have way too much resistance to work through to expect ATHs in 4 months. Roll Eyes

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August 08, 2018, 11:16:26 PM
 #9

most likely the bear market will occur in a very long period of time, even in the next few months. I'm not too sure that bitcoin prices will reach $ 20k by the end of the year.

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August 10, 2018, 06:32:59 AM
 #10

What you thinking in this market can bitcoin back to high price or now is stable price  6000-7000 and in this year no hope that go up and nothing positive news to go gainer?
More specifically, Gordon’s cryptocurrency prediction is that Bitcoin will first drop below $5,000 only to rebound and reach $10,000 by the end of this year. Gordon argues that the main reason for this shifting price trend is the ”significant market volatility” in cryptocurrencies and Bitcoin.


What the market need is a valid push and a reorientation of the way people see any push. When a push happen either through the break of a massive news or a big investor coming in, the reorientation needs to come in not to use that as an opportunity to dump because they are short sighted thereby driving the price downwards waiting for another push again.

On Gordon's prediction, won't happen by magic only if he has so much money to continue pumping into the market in other to ensure his prediction comes to fulfillment other than that, the above paragraph to me is the workable option.




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August 10, 2018, 08:12:00 AM
 #11

What you thinking in this market can bitcoin back to high price or now is stable price  6000-7000 and in this year no hope that go up and nothing positive news to go gainer?
More specifically, Gordon’s cryptocurrency prediction is that Bitcoin will first drop below $5,000 only to rebound and reach $10,000 by the end of this year. Gordon argues that the main reason for this shifting price trend is the ”significant market volatility” in cryptocurrencies and Bitcoin.


What the market need is a valid push and a reorientation of the way people see any push. When a push happen either through the break of a massive news or a big investor coming in, the reorientation needs to come in not to use that as an opportunity to dump because they are short sighted thereby driving the price downwards waiting for another push again.

On Gordon's prediction, won't happen by magic only if he has so much money to continue pumping into the market in other to ensure his prediction comes to fulfillment other than that, the above paragraph to me is the workable option.

the money is there waiting to come in which is why i think many of these speculators who are talking about high prices like $50k,... by the end of the year, have in mind.
we had the bear market and the profit of last year alone was huge. not to mention all the fresh money that comes in or is waiting for the sideways movement to end to come in afterwards.

so in other words we need the money waiting to come back. and for that we need to see why that money is waiting. i think one of the reasons is the fear that exists because of ETF another reason is the FUD and when these are lifted we may see a jump. maybe not to $20k by Dec. but a decent rally.

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August 10, 2018, 10:14:11 AM
 #12

What you thinking in this market can bitcoin back to high price or now is stable price  6000-7000 and in this year no hope that go up and nothing positive news to go gainer?
All angles are possible for that question, we don't know so I'll remain neutral for now.

A lot of speculations/predictions and it's up to you on whom you think is the best in your ears. And this market is more of speculation.

Who's Gordon?
I think he's talking about Todd Gordon with this prediction.
Bitcoin is crashing but Analysts Predict a Rebound; here is why

 
 

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August 10, 2018, 10:52:02 AM
 #13

Even though there are predictions such as these, It is still a prediction that might not happen so don't put all your hopes up because it can go ugly in this year, This is the risk involve in Cryptocurrency When you certainly trust your very all on it, So never do it you just need to put small amount on it and all your money in regular money, You just need to treat it as your part time source of income and not the other way around, And it is still OK to have a compatible work schedule or a business that can cover up your loses in Cryptocurrency.

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August 10, 2018, 11:18:06 AM
 #14

Bitcoin prices are currently very difficult to reach $ 20k because there is a lot of negative news received by bitcoin, where ETFs are still delayed until September.

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August 10, 2018, 11:52:17 AM
 #15

Since everything is possible, I would say yes but as of the moment it has a very low chance that it will going to happen. I'm not thinking about it right now coz i'm fine with even $10k this year. I'm not in a hurry. I won't be surprised if we won't be back at $20k this year.


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August 10, 2018, 12:49:59 PM
 #16

That's super hard question, especially when all the cyrpto market is going down like crazy. Big guys will purchase everything cheap from weak hands, the question is how low we can go and when we will reverse.
ETF decision was just delayed by 2 weeks and nothing bad happened and that was used just to dump the market

How can we say if the current Bitcoin price is cheap or expensive? It's cheaper than the peak, but how can it be decided whether it is still under- or over- valued?
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August 10, 2018, 01:23:28 PM
 #17

No one can't give you answer on this question. Unless someone has cristal ball. And just becuase that was the peak last December that still doesn't mean it will happen again this year.
Don't be so focused on such distant future, it's better to concentrate on current situation and how to get the best out of it.
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August 10, 2018, 02:03:32 PM
 #18

I think bitcoin will reach 20000 in December but in my opinion only if ETF get approved until then. Now is the best time to hold and buy/get more bitcoin and waiting.

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August 10, 2018, 02:31:48 PM
 #19

When you expect the bitcoin to go up 20000$. And everyone here thinks so, bitcoin will never go up. There are a lot of bitcoin prices in 2018. For example, bitcoin prices will go up 10,000$ in August, and in fact we see bitcoin prices in August going down and are at 6400$ And there are signs of going down. No one can predict the future of bitcoin, but I expect the bitcoin price in December to be no lower than 7000$

          
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August 10, 2018, 02:44:25 PM
 #20

every person has his or her opinion, but when it comes to price prediction, I advise people not to believe anything they hear and read. this is because it has become very common that many people want to make price forecasts to gain name and fame in the crypto world. it is clear that only a possible approval of ETF can create conditions for the price to increase ... But I doubt that increase is $ 20,000. We can finish the year in the $ 10,000 or even $ 13000 if case any ETF  is approved


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