Where Bitcoin will skyrocket this time?

[Deeyoh]

With stock markets crashing, looks like fund managers may be looking for some place to park cash for a return.  Seems some must be throwing it into crypto.

[DonFacundo]

I believe bitcoin will skyrocket, but I think in the next year will happen so let's just wait we can see the skyrocket soon.

[raven7886]

I think the nearest stop would be $12, with that happening anytime in 2019 I can see the next stop as $20k again, the last time bitcoin increased in price was last year and we stopped a bit at $12k, even when falling back from $20k we have dropped a bit back to $12k and stayed there a bit (I wish I sold back than ) however if we someone passed the $12k and move towards $20k afterwards is still unknown to us, its a land of no man and we have never been there so we can't really know what could happen.

The best case scenario it will keep going up and we will profit however maybe that's the max we can reach for now and it will go back down once again. Nobody knows what happens after 20 thousand dollars so far.

[gabmen]

What do you think where Bitcoin will skyrocket this time?

we are in the $4000 and last year we were able to reach the $20,000, which was very incredible and was a very profitable year, but this year the price dropped from $20,000 to $4000 so what I can say is that with the fall $20,000 to $4000 should have scared a lot of people and these people will not be back so soon for the crypto world, we have some great players like BAKKT and others who can create a price increase, but being honest I doubt if we see the price again of $20,000 next year, then it is likely that we will only see $ 20,000 in two years from now.

Two years may not even be enough dude. Though that is clearly possible, the circumstances have changed from 2017 onwards. As you've said, any investor would have hesitations to invest big in a market that pumped from less than 1k to 20k in a year, and then dropped from 20k to 4k is less than a year. Too many considerations that's why i don't count too much on a skyrocketing btc the scale of 2017 again.

[South Park]

What do you think where Bitcoin will skyrocket this time?

we are in the $4000 and last year we were able to reach the $20,000, which was very incredible and was a very profitable year, but this year the price dropped from $20,000 to $4000 so what I can say is that with the fall $20,000 to $4000 should have scared a lot of people and these people will not be back so soon for the crypto world, we have some great players like BAKKT and others who can create a price increase, but being honest I doubt if we see the price again of $20,000 next year, then it is likely that we will only see $ 20,000 in two years from now.

Those that were smart got out of bitcoin when the price was still high and they got some small losses or some small profits but most of those that invested during the all time high lost most of their capital in a matter of months, so I doubt they have any desire to comeback to the market especially when it is still struggling to find some stability.

[WinslowIII]

If bitcoin was to skyrocket again, no one knows what percentage increase we would have. Not to mention bitcoin isn't guaranteed to skyrocket in the first place. Not because it happened in the past, while definitely not impossible, it doesn't automatically mean that it will happen again. Who knows? We might have a very slow increase for a decade this time, or even a decade of price stagnation?

It's either going to skyrocket soon after the halving like previous halvings or it's going to die a certain death. With bitcoin there really is no in between, as Satoshi said it's going to either become worth a hell of a lot or nothing. Barring some unforseen disaster, I think the odds of it dieing are sliim to none.

[astridwi]

bitcoin and crypto are already developing enough and there are many public utilities that they have built and are running, they have started something new and just how sweet they will create. I am optimistic that bitcoin and crypto will give a crazy percentage in the future and if we don't want to miss the train then go up and invest now

[normanz]

In 2019 bitcoin will recover and market conditions will be healthier and maybe 6k -7k will be achieved. I don't think that in 2019 bitcoin will be able to skyrocket as it did in 2017.

[elloco4ever]

BTC was the hot topic across the world last year but now the same instance is happening but the unexpected way, it was like a life for entire world and now it has become a scary topic. People always come with diplomatic topics but I am still sure it will skyrocket again all I can say is hodl and wait for your day.

[Roni116]

Nobody knows and can only make estimates, I think in 2019 there will be a recovery and bitcoin will have the chance to reach 7k.

[shield132]

Charts aren't future predictors of bitcoin, well that's like that for me because a lot of thing affects it's price, miners play a huge role too, regulations on exchangers and etc. Currently it's hard to say to be fair but I have thoughts on 2020's price because there will be halving which I highly believe will cause massive rise in price and 20K will become new standard like 6K was lately and 15K will cause as much panic as current price causes.

[bintangkejoraku]

in my opinion the next bull will occur at the end of 2019 or early 2020, if I see this data the bull happens every 2 years. on the next bull the price of bitcoin can reach $ 50k or even more.

[Oceat]

I see how the patterns move but I'm still unsure what will be the right price for that, it just looks like a mathematics equation where you need the formula to solve all of that. lol

But from what I have noticed, the next bull run would likely to hit in 2019 based on the chart you have given.

[hahay]

Not always price always follows the chart, because over time it must have different problems and different situations that cause it difficult to predict. This depends on where we see the problem and how confident we are to survive. That way I just believe bitcoin will definitely skyrocket again in the future without having to have the right time predictions for bitcoin will skyrocket.

[xuan87]

It's an interesting pattern but people need to aware that the history is not always repeated,we do hope that Bitcoin can go up as high as possible but within the unsure market conditions, my expectations are really low, if crypto could stabilize in 6000$ next year then I will be happy

[semobo]

So probably it might hit 100K if the history repeats but for that we need to wait patiently for the prices to increase since it may take upto two years from the last bear market.

[ethereumhunter]

Most of us don't know when bitcoin will increase because no right prediction can be able to know with precision. We could only predict, and we know that in out there, many predictions about when bitcoin will increase. It is difficult to search the right time for bitcoin to increase because it depends on what people's want in the market and if the situations are like what we saw in 2017, then bitcoin price can jump to the higher price and it will not only reach $20k but even more.

[Donceng]

it's hard to guess or predict when bitcoin will skyrocket again, even though there is written history that has been analyzed by experts, but the same event will not be repeated in the future.

[Whosdaddy]

it's hard to guess or predict when bitcoin will skyrocket again, even though there is written history that has been analyzed by experts, but the same event will not be repeated in the future.

History may not repeat exact levels but it is repeating the same pattern. If you go for analyzing the period of previous ATH and the last ATH then you will come to know about many interesting coincidence. From that we may approximately predict what will happen in the near future.

With short-term rally bitcoin prices may get back to its previous strongest support zones which is around $6300 levels. If anything holding above those support levels, will be launching bitcoin into $10k to $12k levels. But in short-term we need to break $5k levels so that we can think about having five digit figures. Most probably within the first week of 2019 we may get around $5k levels for sure. Prices are sustaining around $3.8k levels which is good sign for another bull rally.

[Crypdon]

We will find out after the bakkt happens. The skyrocket will take it to $10k to begin with and then the all time high like it did before. Once that has been breached the next level is going to be sky high