BTC is not going UP anytime soon and here is why.

[RodeoX]

Am I the only one who does not follow that cycle? I really don't get anxious or depressed depending on the price of bitcoin.  Why would that matter to me? I think in terms of decades not daily valuation.

[jemarie20]

In my own perception no one can say what exactly will happen in the coming days because all things in the future are not predictable even the price of crypto because we cannot say that the mind set of people now is the same in the coming days so all things has a changes and no one can predict that, so the only things that we can do is wait and keep our hope in our heart that every things will be okay.

[b3j0]

Am I the only one who does not follow that cycle? I really don't get anxious or depressed depending on the price of bitcoin.  Why would that matter to me? I think in terms of decades not daily valuation.

it seems we have the same thoughts, in my opinion the price of bitcoin is increasing not because of cycles but because of news and investor confidence. so in my opinion the price of bitcoin is increasing not because of a certain period of time.

[wuvdoll]

How can there be a chart like this when everyone used the same chart for 2008 crisis and when stock markets fell in 2008 and everyone thought the market wouldn't recovered but right now bigger than it used to be ? I mean we are talking about a time period where people are really in big trouble and somehow managed to get back on their feet.

Crypto is bigger than stocks of just one country and will eventually pass those as the main investment method of the world however somehow people still think whenever there is a big rise they believe its a suckers rally.

One day bitcoin will go up again and we will see a bigger than $20k price and when that day comes everyone will realize how big of a mistake they did by not trusting bitcoin and crypto. This is a world changing system that needs to be supported by everyone.

[Clark05]

Look the price of the bitcoin again it rising again and to those people who said bitcoin will not up just look and up the price will increasing slowly I think until they fully recover and until it will become better the value in the highest price in the year 2017.

[gabmen]

Look the price of the bitcoin again it rising again and to those people who said bitcoin will not up just look and up the price will increasing slowly I think until they fully recover and until it will become better the value in the highest price in the year 2017.

Dude control yourself. We're not even back 1k up at this point. Stop expecting magical bull runs to happen again anytime soon. I guess the best solution for disappointments is to be realistic.

[Slow death]

Look the price of the bitcoin again it rising again and to those people who said bitcoin will not up just look and up the price will increasing slowly I think until they fully recover and until it will become better the value in the highest price in the year 2017.

In those moments we have to have patience and observe the market and not panic and I also saw many comments from people saying that the price would fall to  $1500, I was also one of these people, however I still think it is possible to fall to that level to unless the price increases to more than $ 6000

We have nasdaq working on a new ETF, we have SEC working on deciding on the ETF and we have Bakkt hoping to provide another, we have bank of america doing patents like crazy and we have wall street banks investing into crypto companies as well and we have been at a higher price than any price in crypto history except last 1.5 year.

BAKKT is the only one on this list that we have to put more hope because the others are still fairy tales

Of course to recover bitcoin can not be in the near term, bitcoin will take a long time to recover, and from that we must have patience and keep holding to get better results than bitcoin.

I agree

[astridwi]

This year's crypto users are forced to hold and if you sell now then a big loss for you and this is not wanted by everyone. price reduction charts continue to occur because many users are already frustrated and they only sell not buy back, the market becomes unbalanced where the selling volume is greater than the purchases that occur and this keeps prices down. the end of 2019 is the beginning of a big jump in my opinion for crypto to be better

[Siren]

If you are not rushing to buy bitcoin then i will assure you the bitterness feeling when the bull or even a middle growth happen,because the value of bitcin as of today is something we must be rushed to buy,sitting at below $4,000 is a not normal situation ,so if i were you better tk purchase now or be late in the run.

[reactorjuno]

About Bitcoin, it's also worth looking at this graph.

If we consider that Bitcoin price could overtake $4250 to go close to $5000, then it's a possibility to take into consideration a bearish trend.

RSI (in H4) is down to 40...