Bitcoin price will not go above $4,000

[Sanitough]

Making a poll would help you to know if how many would agree.
BTC has maybe touched $4,000, which sites you are using as your reference?

it's not a big deal to me, I know one day it will touch over $4K, the patience will remain and we have the full year to do that.
The bull run may come now or not but I'm hoping this year we will see a real bull run.

In case you will add a poll, count my vote as no.

[Get-Paid.com]

Making a poll would help you to know if how many would agree.
BTC has maybe touched $4,000, which sites you are using as your reference?

it's not a big deal to me, I know one day it will touch over $4K, the patience will remain and we have the full year to do that.
The bull run may come now or not but I'm hoping this year we will see a real bull run.

In case you will add a poll, count my vote as no.

There is no option to add a poll, how can we add it?

[KingZee]

Bitcoin is almost touching $4,000 and it had a small rise, but the factors that brought Bitcoin down from $20,000 to $4,000 are still there.

What are the factors that brought it up to 20k then? And why won't they happen again?

[tippytoes]

**All of the above is a pure speculation.

i wouldn't call anything that you said "speculation", it is only your "opinion" based on your assumption that bitcoin is useless and is not being adopted by anyone at all and is dying.

I don't agree also that bitcoin is useless and not being adopted. Day by day, the number of crypto users are growing and more merchants are accepting bitcoin as their payment method. I do not see bitcoin as useless, because it has change my way of living. One example is paying your bills via bitcoin payment. No need to go outside and line up to pay your bills. And many more... And with that being said, bitcoin can easily surpass the $4k mark.

[KingScorpio]

Bitcoin is almost touching $4,000 and it had a small rise, but the factors that brought Bitcoin down from $20,000 to $4,000 are still there.

The price of Bitcoin seems to be too high even @ $4,000, because there isn't any fundamental behind it, the price of Gold also had a huge rise to $2,000 several years ago but it dropped 50% of its value pretty fast.

Today Gold is stable around $1,350 per ounce ... but Gold is a scarce resource, a physical one ...
Bitcoin is not, it's just means of transferring money from one to another and it has lots more competition.

So these fundamentals show the price is still bearish, the small rise from $3,600 to $3,950 is probably a correction in the market.

Does anyone agree?


**All of the above is a pure speculation.

if the bitcoin whales by back their own token, and can trust into their army of "hodlers"

they could indeed and then make everyone told "hey look we have so much money"

in order to attract idiots bringing them hard earned money.

thats what they want, attracting working idiots so called "earners" to gamble their "savings"

regards

[talkbitcoin]

ut nonetheless the price seems to be too high (and not too low)

just because the price "number" has 4 digits , it doesn't mean the price is too high. there are assets in the stock market that are worth more than $300,000 and nobody is saying the price of them is "too high".

you can only say it is too high if you can prove the intrinsic value of bitcoin is below the current price which you clearly can not.

[happy5571]

I don’t think that bitcoin is useless and isn’t any fundamental behind it.
Compared to gold，bitcoins also a scarce resource,  its total supply is 21 million.it is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries.
the price of bitcoin will reach or past its historical highs in a few years rather than blow the $4000

[mrdeposit]

It would be better to talk about these reasons. Indeed, I wondered about them. Because there are always these reasons and will the prices never increase due to them? Staying connected with reasons does not always work in cryptocurrency, already most of us know it since 2017.

[happy5571]

It would be better to talk about these reasons. Indeed, I wondered about them. Because there are always these reasons and will the prices never increase due to them? Staying connected with reasons does not always work in cryptocurrency, already most of us know it since 2017.

yes，it make sense.

[Ararbermas]

Wait for more results mate before you saying anything that can cause and affect on this bitcoin small progress.  Indeed you have no strong evidence that can prove about your statement so be quiet! Stop making false speculation especially if you don't have reference about it.  It's useless. Lol

[YasenMax]

I don’t think that bitcoin is useless and isn’t any fundamental behind it.
Compared to gold，bitcoins also a scarce resource,  its total supply is 21 million.it is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries.
the price of bitcoin will reach or past its historical highs in a few years rather than blow the $4000

bitcoin will fly to the moon，Lol

[Wildwest]

I thought it did already touch $4k as others have said? Maybe it did but it didn't hold, but we haven't seen any selling and the price remains $3800-$3900 which is a good indication. However, we did touch $20k in 2017, so I wouldn't say that $4k is high. I don't know but I grew tired of hearing bitcoin and gold in one sentence. 

that's right, bitcoin has experienced a long correction since 2018, and the increase in bitcoin now in my opinion is a good start for the future, hopefully the bull market will come after this

[erikoy]

Well I just hope that your prediction or opinion about the stability of bitcoin market price will goes wrong. I would like to see bitcoin go high and this is the very common thing also to an individual getting involve in cryptocurrency. I doubt that it could stabilize just basing on gold history. Reminders gold is different from Bitcoin.

[r1s2g3]

Today Gold is stable around $1,350 per ounce ... but Gold is a scarce resource, a physical one ...

Might be you find one more goldmine or get gold in the treasure hunt. How you determined it as a scarce resource? We have no idea of definite supply of the gold.
You look pessimist in btc price but btc is not all about the price only.

I agree, but BTC will increase very strongly by the end of 2020. Maybe btc will increase to $ 100,000

Here comes over optimistic.

[traderethereum]

Finally, the price reaches $3900 in this day, and soon we will reach $4k and take a breath for a moment before increase higher. But I am worried if the correction for the price will get down too deep because we are still in a not good position this time. But many of us want to see bitcoin price can increase more than $4k this year and they hope that it will happen before the middle of the year.

[BeGoods]

Making a poll would help you to know if how many would agree.
BTC has maybe touched $4,000, which sites you are using as your reference?

it's not a big deal to me, I know one day it will touch over $4K, the patience will remain and we have the full year to do that.
The bull run may come now or not but I'm hoping this year we will see a real bull run.

In case you will add a poll, count my vote as no.

Come on $4k is not an impossible price for bitcoin. You could even say it's very cheap to present bitcoin at this time. prices can rise to $4k at any time. even much higher, so you're just speculating about this, I dare guarantee the price will definitely return to $4k soon

[aad140386]

It seems to me that you do not quite understand the concept of deficiency. Anything can be deficient if demand for it exceeds supply. If someone starts buying up all the shit in the city, then it is quite likely that deficiency may arise on him. The value of the goods is determined by the demand for it from the buyer's side. Therefore, it does not matter that it is gold or bitcoin. If Bitcoin remains with a limited number of coins, it will be even more scarce than gold now, since the Bitcoin limit is already known, and new gold deposits are discovered every 2-3 years.

[Teawhalee]

I would have loved if you backed this write up with a technical analysis to prove this. We have seen a lot of correction for the past months and now I don’t feel there will be anymore drop even as people are saying it will happen. But we wil remain optimistic for price increase until other wise.

[bitbunnny]

Making a poll would help you to know if how many would agree.
BTC has maybe touched $4,000, which sites you are using as your reference?

it's not a big deal to me, I know one day it will touch over $4K, the patience will remain and we have the full year to do that.
The bull run may come now or not but I'm hoping this year we will see a real bull run.

In case you will add a poll, count my vote as no.

Come on $4k is not an impossible price for bitcoin. You could even say it's very cheap to present bitcoin at this time. prices can rise to $4k at any time. even much higher, so you're just speculating about this, I dare guarantee the price will definitely return to $4k soon

It's not far from 4000$ at the moment but it looks like it's reluctant to cross that value. The other day price begun to rise rather quickly but then stopped and now like is moving back and forth but not over 4000$. I think the price will rise further but untill it doesn't cross 6000$, 7000$ again I will not say that market is recovering.

[Jating]

Wait for more results mate before you saying anything that can cause and affect on this bitcoin small progress.  Indeed you have no strong evidence that can prove about your statement so be quiet! Stop making false speculation especially if you don't have reference about it.  It's useless. Lol

Lol, he is entitled to his opinion so be it. No one is forced to listen or believed it. And as you can see everyone is not agreeing with the OP.

Anyhow, let's see, the price is almost at $4K now, the last time I check, only a just like $20, so it's really achievable.

I'm not sure about the gold comparison, bitcoin has it's own path to make and we don't need to compare it to other assets, specially precious metals like gold or even diamonds.