Bitcoin price will not go above $4,000

[Glorious04]

**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.

What's the difference between a speculation and an opinion? Aren't these the same?
You could speculate that Gold will rise to $2,000 and you can have an opinion that it will rise to $2,000
What's the difference?

there is quite little difference folk. speculations are based on some gathered information through word of mouth but have no real and tangible basis, thus you assume this is it while opinion is just how you view a certain matter or situation personally base on your own belief. One author said that opinions are the cheapest commodity on earth which is true  . So both speculations and opinions are free and its up to the people who hear if they will believe them or not.

[1714648193]

1714648193

[guoyu78]

Currently it is even look like impossible that bitcoin price reach back to $4k levels with this rally. It seems lots of people are booking profits around $3900 levels and trading volume is significantly getting reduced.

No doubt bitcoin has now become a popular crypto currency, people have invested a lot of their money there. We can only expect that now the time is that bitcoin price will boost again and will hopefully reach back to its previous high price. I even hopeful that this time bitcoin price will very soon cross 50k. We just need to wait a little and hold our coin patiently.

[stortz]

... but Gold is a scarce resource, a physical one ...

so is bitcoin
the scarce resource in question is a valid private key which is a mathematical proof of ownership
mathematics are as tangent as the Au element, both are part of our empirical reality

[pacman7331]

Sorry to say, I don't agree with you. Because in my opinion, Gold and Bitcoin comparison is irrelevant here. Gold price down, it is physical and bitcoin is not. Yes, it is right. But you can't avoid the technology works behind every transaction on Bitcoin. Blockchain will have a bright future, the technology will come to light widely gradually. Bitcoin price did not hit 20K USD in a one day! Before that BTC price was 500 USD then again below 100 USD then again 1100 USD then again it came to 200 USD! So, from 20K to 3K USD happened and it can go from 4K USD to 30K USD anytime. So, I strongly believe that the BTC price will go above 4K USD very soon!

[Bagaji]

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.

The recent increase is not just a correction but the whole recovery process has began  it started gaining value from $2500 to its current market value. I don't believe Bitcoin value is too high at $4000 because no one can tell exactly the stable value of Bitcoin.

[khufuking]

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 exactly are the factors the brought Bitcoin down, isn't this factor was there when Bitcoin shoot from $1xxx to $19xxx in a matter of few months? We all know that these factors exist from day one of the existence of Bitcoin and under this factors, Bitcoin pass $4k level with ease before I can't see any reason to why Bitcoin can't do again without any problem, sooner or later it will happen.

[vintages]

I personally fell that with the direction that it is going,  there is a possibility that it may hit $4000. A price dump may not come from a panic sell but I fear that any dip we might see might be from those who want to enter and catch out quick.
And moreover,  if it hit the price of $4k, reaching $5k might not take too long.

[pealr12]

Btc already hit 4000$ this week  and i hope it will continue to go up till 8000$ so that it will lessen the anger of those who bought btc @ 10,000. But no one knows where btc is heading,  lets hope for the quick recovery of bitcoins price.

[jrrsparkles]

Btc already hit 4000$ this week  and i hope it will continue to go up till 8000$ so that it will lessen the anger of those who bought btc @ 10,000. But no one knows where btc is heading,  lets hope for the quick recovery of bitcoins price.

Quick recovery of prices always out us in danger so it needs to be slow and promisale growth to stay there ad reaches the next leve,I don't know were we are heading from now it maybe $8000 or $20000 by this year but what I always remember myself is keep holding because oneday the price of bitcoin will reach more values that we are not imagining it now.

[shoreno]

Btc already hit 4000$ this week  and i hope it will continue to go up till 8000$ so that it will lessen the anger of those who bought btc @ 10,000. But no one knows where btc is heading,  lets hope for the quick recovery of bitcoins price.

Quick recovery of prices always out us in danger so it needs to be slow and promisale growth to stay there ad reaches the next leve,I don't know were we are heading from now it maybe $8000 or $20000 by this year but what I always remember myself is keep holding because oneday the price of bitcoin will reach more values that we are not imagining it now.

you mean to say that quick recovery is bad because you think that is only a trap ? no bro recovery is a recovery no matter how fast or slow it is  . recovery is a good thing because that only means that many people are now pouring their cash again on cryptos  .  its also good because we can now take advantage of it by selling our assets at a possible high cost  . after i forgot  ,  i disagree on the title of this topic  . btc did already reach 4k and it can surely surpass that level pretty easy  .

[jrrsparkles]

Btc already hit 4000$ this week  and i hope it will continue to go up till 8000$ so that it will lessen the anger of those who bought btc @ 10,000. But no one knows where btc is heading,  lets hope for the quick recovery of bitcoins price.

Quick recovery of prices always out us in danger so it needs to be slow and promisale growth to stay there ad reaches the next leve,I don't know were we are heading from now it maybe $8000 or $20000 by this year but what I always remember myself is keep holding because oneday the price of bitcoin will reach more values that we are not imagining it now.

you mean to say that quick recovery is bad because you think that is only a trap ? no bro recovery is a recovery no matter how fast or slow it is  . recovery is a good thing because that only means that many people are now pouring their cash again on cryptos  .  its also good because we can now take advantage of it by selling our assets at a possible high cost  . after i forgot  ,  i disagree on the title of this topic  . btc did already reach 4k and it can surely surpass that level pretty easy  .

Most of the time sudden change in the price caused by a whale so do you think they are doing this without any intention?

I am afraid at these conditions because the prices may dump more than the previous bottom price in the situation like these.

[fernkror]

bitcoin is one and only 

watch for halving

price will follow up for sure

[Farahtenan]

Bitcoin has not yet reached $ 4000, but with the developments that occur, it will be able to reach that value even more.
The market starts to improve and provides many positive developments so it will pump even though it's slow.

[lamacchia]

We will see that bitcoin will reach $ 4000 in the next few months, at this time bitcoin is over $ 3900 so optimistic that bitcoin will be more than $ 4000, time will prove.

[deisik]

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

You can't actually bring forth the example of gold here

As it was not so much gold rising in value back then as the American dollar going down in which gold prices were and still are mostly quoted (or rather due to expectations of its massive devaluation following the QE rounds run by the FED). And when the dollar stabilized a little and the negative sentiment changed, the gold price accordingly went down to where it had been and should have been

Further, there was not much of the fundamental element at play in Bitcoin rising to 20k in the first place (which you seem to inadvertently omit from consideration), so technically there is nothing that could prevent it from rising to these heights once again on just hype alone, fundamental factors being irrelevant. When we are talking about speculative assets, price is mostly random anyway and can be any for that very reason

[glowing10]

Btc already hit 4000$ this week  and i hope it will continue to go up till 8000$ so that it will lessen the anger of those who bought btc @ 10,000. But no one knows where btc is heading,  lets hope for the quick recovery of bitcoins price.

It will not only cross 4K but also 10k in coming months so those want to buy it is a good time to own the good coins at cheap rate before the prices boom in the bull run which can start soon as it seems .those who want to make money will start investing in it .

[jofox]

I think this is not the right bitcoin bullrun I think is at the year's end of this year

[iv4n]

Btc already hit 4000$ this week  and i hope it will continue to go up till 8000$ so that it will lessen the anger of those who bought btc @ 10,000. But no one knows where btc is heading,  lets hope for the quick recovery of bitcoins price.

It will not only cross 4K but also 10k in coming months so those want to buy it is a good time to own the good coins at cheap rate before the prices boom in the bull run which can start soon as it seems .those who want to make money will start investing in it .

Like op stated in his opening post:

**All of the above is a pure speculation.

Every prediction about bitcoin price is pure speculation. I`m watching how McAfee is talking about 1 million price for bitcoin, and he set a date for it again, he is pointing out that only he makes predictions with exact date.
I read positive and negative predictions, both kinds can be found across the internet, but in the end I have my own prediction and my own strategies for trading and long term holding, and that`s my advice to you all, listen and read others but make decisions by yourself.

[lablab03]

Those factors that always interrupt when bitcoin gradually getting value will not disappear pal to be honest because that's how the market play nowadays and since bitcoin surge to the top .wherein there is always a blocks that trying to stop the growth rate time on time without knowing.  That's why some true investor and holders here understand the situation of bitcoin and always didn't panic because of being always ready to protect their portfolio.

[iMark]

Those factors that always interrupt when bitcoin gradually getting value will not disappear pal to be honest because that's how the market play nowadays and since bitcoin surge to the top .wherein there is always a blocks that trying to stop the growth rate time on time without knowing.  That's why some true investor and holders here understand the situation of bitcoin and always didn't panic because of being always ready to protect their portfolio.

Yeah this kind of speculation makes prices fail and stops to rise. because it makes a lot of people afraid and hesitant to buy, but in my opinion as time goes by, speculation and the wall will definitely be destroyed, I hope the current price can exceed more than $4k