Current Bitcoin Price prediction

[Rewards.com]

Firstly let me say that no, bitcoin bottom is not in IMHO.. Secondly the trend is your friend until its not. We have been in the same trend for over a year now so of course my bias opinion is we are more likely to go down then up. However much has been shown we have momentum going up at the moment and think we could reach 4300 resistance. I do not trade smaller time frames but trade in time cycles not price cycles.

At current price on the daily, if BTC stays above the 21 EMA at the end of the week we will most likely reach into the deep 4k range. If its below the 21 daily ema I expect a drop to 3500 and lower.

What are your thoughts and predictions.

[1714616859]

1714616859

[Herbert2020]

Firstly let me say that no, bitcoin bottom is not in IMHO.. Secondly the trend is your friend until its not. We have been in the same trend for over a year now so of course my bias opinion is we are more likely to go down then up.

your thoughts seem to be all over the place to the point where you even contradict yourself!
you already agree that the trend can not  continue forever and that it has gone on for over a year but yet you insist that it should go on more for some reason that you fail to explain!

At current price on the daily, if BTC stays above the 21 EMA at the end of the week we will most likely reach into the deep 4k range. If its below the 21 daily ema I expect a drop to 3500 and lower.

well people have been saying this for a very long time. i have been seeing this each time bitcoin stables starting from 2015 that i was around. and it never happens because it doesn't make any sense.

[Sunyoto]

I think this year's prediction for bitcoin prices will also be more stable, because now the price of bitcoin this month is also starting to increase, so I think in a short time the price of bitcoin will soar higher.

[Wilhelm]

Looks like it could break upwards.
Anyway we still have a bigass queue of people that want to get out on the way up

[Rewards.com]

Firstly let me say that no, bitcoin bottom is not in IMHO.. Secondly the trend is your friend until its not. We have been in the same trend for over a year now so of course my bias opinion is we are more likely to go down then up.

your thoughts seem to be all over the place to the point where you even contradict yourself!
you already agree that the trend can not  continue forever and that it has gone on for over a year but yet you insist that it should go on more for some reason that you fail to explain!

At current price on the daily, if BTC stays above the 21 EMA at the end of the week we will most likely reach into the deep 4k range. If its below the 21 daily ema I expect a drop to 3500 and lower.

well people have been saying this for a very long time. i have been seeing this each time bitcoin stables starting from 2015 that i was around. and it never happens because it doesn't make any sense.

It makes perfect sense. bottom is not in. we are still in the consolidation zone with upward momentum. we have not broken our over year long trend... Not sure how you dont think it makes sense,

[MetalGear]

Bitcoin had quite a difficult passing $4,000 mark. I think the new break will keep Bitcoin price above $4,000 this time!

https://crypto300.com/bitcoin-btc-price-watch-bullish-break-above-4000-looming/

Actually, few weeks ago the price of bitcoin already reach the price of $4000 but it not take too long. All of us are waiting to surpass the price of $4000 and supporting the price of bitcoin in the market might triggered to break the price at $3900. Still waiting to surpass the price of bitcoin at $3900.

[Cosbycoin]

All I know is that this year is a great year for Bitcoin price because we are going to see a moon in the price, though this moon is going to happen unexpectedly, this is how it's going to be, we might not see a significant growth in the first quarter of the year but Btc will get back to the $4000 range and stay there for a while, then in the 3rd quarter of the year we would see an increase to about $6000 and then $8000 in the last quarter of the year.

[Slow death]

What are your thoughts and predictions.

Did you see what happened when the price fell to 3100? all news channels were saying that the price would fall to $ 2500 and that was the bottom. many guys who consider themselves "experts" say the same thing. and we all saw what happened next, the price went up and today is at $ 3900. This is a very difficult market to predict.

[Rewards.com]

What are your thoughts and predictions.

Did you see what happened when the price fell to 3100? all news channels were saying that the price would fall to $ 2500 and that was the bottom. many guys who consider themselves "experts" say the same thing. and we all saw what happened next, the price went up and today is at $ 3900. This is a very difficult market to predict.

Trading is difficult in general my guy

[sclmte]

In the past, the Bitcoin Halvenings which occurred in 2012 and 2016 both saw a new all-time high in the price of bitcoin and the same is being predicted for 2020 as well. Analysts predict that the price of bitcoin will likely start rising massively at least 6 to 8 months before halvening actually happens. and this year 2019 will definitely increase.

[adaseb]

Basically I was thinking the $3900 area would be the recent top since it was the last weeks high and it struggled a few times to break above.

However the dump we had a few hours ago was quickly bought up, very quickly in fact. Which leads me to believe we might be testing the $4000-$4200 area next.

I would like to see the $4200 area break with good volume and then we can safety say that we "might" of seen the bottom.

[ethereumhunter]

In the past, the Bitcoin Halvenings which occurred in 2012 and 2016 both saw a new all-time high in the price of bitcoin and the same is being predicted for 2020 as well. Analysts predict that the price of bitcoin will likely start rising massively at least 6 to 8 months before halvening actually happens. and this year 2019 will definitely increase.

I hope so, but there is no chance for us to know how much the price can increase. I guess that if the rewards of mining reduce, it will make the price will increase higher and maybe it will more than $20k because the last time higher, the reward is reduced too so the chance for us to see a very higher price is on there. I am curious about that and I still waiting with patience because I believe that bitcoin will give big rewards to us.

[gantez]

Basically I was thinking the $3900 area would be the recent top since it was the last weeks high and it struggled a few times to break above.

However the dump we had a few hours ago was quickly bought up, very quickly in fact. Which leads me to believe we might be testing the $4000-$4200 area next.

I would like to see the $4200 area break with good volume and then we can safety say that we "might" of seen the bottom.

You are right in your view. The $4000 mark and text has been difficult to overcome. I hope that when it text that mark again, we are going to have a break to gradual bull.

[Jating]

Basically I was thinking the $3900 area would be the recent top since it was the last weeks high and it struggled a few times to break above.

However the dump we had a few hours ago was quickly bought up, very quickly in fact. Which leads me to believe we might be testing the $4000-$4200 area next.

I would like to see the $4200 area break with good volume and then we can safety say that we "might" of seen the bottom.

I'm not sure if we could say that we have seen the bottom if we broke that $4200 mental barrier again.

That what my thought a few weeks ago, we marches toward $4200 but what a dump soon after. We hope this time if ever we hit it again, at least be sustainable, but I wouldn't be surprised if those speculators 'bot' put another selling pressure and cause the momentum to stop and we are back to the square one again.

[YuginKadoya]

Don't expect the price to reach unexpected levels going into $4300 USD in just a nic of time is very impossible, did you see the way bitcoin goes to $4000 mark unexpectedly but has a super slow pace moving towards it, I say it can still happen but this year will not be a bullish one, That is sadly I see the movement will become, But if you are trading not because of price but with time then expect a low volatility this year, resistance will still be in the midst of the movement and taking the $4300 mark like you said can take quite some time to reach,

[magneto]

Firstly let me say that no, bitcoin bottom is not in IMHO.. Secondly the trend is your friend until its not. We have been in the same trend for over a year now so of course my bias opinion is we are more likely to go down then up. However much has been shown we have momentum going up at the moment and think we could reach 4300 resistance. I do not trade smaller time frames but trade in time cycles not price cycles.

At current price on the daily, if BTC stays above the 21 EMA at the end of the week we will most likely reach into the deep 4k range. If its below the 21 daily ema I expect a drop to 3500 and lower.

What are your thoughts and predictions.

You're right in not assuming that prices will go up from this stage - because it's not guaranteed to. A lot of people here are already saying how bitcoin will go to 5 or 6 figures within a year. To me, the recovery hasn't even started yet.

But, you've also got to acknowledge the fact that we are very close to the bottom, if not already rebounded from the bottom. We're already nearly one and a half years removed from the ATH, which is similar to the amount of time that it took for the 2014-15 bear market to start recovering.

While looking at past performance is certainly not a definitive future indicator for price movement, it certainly gives a rough, macro image of where we are at right now due to the cyclical nature of bitcoin prices. I don't think that prices will go down that much further, even if dips persist which I find highly unlikely, because there are many adopters that entered at the peak, as well as the institutions that entered during the bear market that will be interested in buying coins at lower levels.

[traderethereum]

Gladly to see bitcoin price can break $4000 lol although it's not too high but I am sure that the price can go higher because I see that the line still moving to go up. I hope that this week will gives us a fortune to make another profit and I wish that profit will bigger than before.
I predict that in this month, we are going to reach $4500-$5000 but I don't know if it could happen or not because that is only my prediction which can be wrong.

[adaseb]

No idea if you guys look at the funding rate for Bitmex, but looking at the recent funding rates:
https://www.bitmex.com/app/fundingHistory?start=0

It looks like its more negative than flat, which means there are many people who are either short or hedged.

I am guessing that since taxes are due in mid April, many people are hedging their Bitcoins to pay off their tax liabilites, basically similiar to what happened last year with the massive price crash and a recovery in late April 2018.

[Pursuer]

Looks like it could break upwards.
Anyway we still have a bigass queue of people that want to get out on the way up

true but we also have a queue of people that want to get in at the bottom but scared because they think this (or the lowest price got that was around $3200) is not the bottom. these people would want to jump on board as the rising signals start showing themselves

remember that it only takes a small rise for all hell to break loose and we see one of those famous green candles worth $2000 on the chart...

[Naida_BR]

Looks like it could break upwards.
Anyway we still have a bigass queue of people that want to get out on the way up

Indeed. But in which price are they going to? I have a feeling that they want to get out on the way up but this is going to be way way up. Many people bought their crypto when we where near ATH due to fomo etc. so I don't think there is a change to get out earlier before at least reaching the level of the price where they first made the purchase.