No bull market for 2019

[harizen]

His prediction sometimes makes sense because it was based purely on his own technical analyzation. It was properly backed up and not just a prediction that came out of nowhere.

But since crypto is unpredictable, really expect that even how properly backed up any speculation is, it will be spoiled anytime or in short, a failed prediction.

Up to others now if they will buy someone's prediction or will stick to their own thoughts. Predictions are part of crypto ecosystem so we should be used to it.

[1714491794]

1714491794

[Gaff]

I do not believe in predictions cause sometimes the opposite happens. I will only wait what will happen this year if bears will still dominate the market or the bulls will rule this whole year.

Sometimes predicting the price of the bitcoin will gived you motiavte you to hold because you are thingking of what possible to get profit your in the future. Yes sometimes the most prediction is the opposite of what most prediction of the trader. Waiting is good but if you are trader you need to predict the value of that coin to know your target. Likw for mE I believe bull run will happen.

Believing is our perspective, and behind all of that motivations we're all capable of making it as preference for the future success. If bull run will happen, then so be it and enjoy what it has going to commence. When that will turn to be reality, that will prove all those speculative ideas were right and it's going into fulfilment. The predictions really can help, it did contribute to the growing economy of bitcoin and whole cryptocurrency which now kept recovery it's current state despite of bearish market that's currently happening these days. This 2019, bull run might happen surprisingly and that's possible to happen as long as transactions will kept on growing.

[Slow death]

I do not believe in predictions cause sometimes the opposite happens

has been like this since last year, these analysts do not give up making predictions that never hit. Year 2017 was a unique year and we will not see increases like the year 2017, we have to forget this comparison


when December comes, he will pass another shame

[bitbunnny]

Unfortunately, market doesn't act according to our wishes. Many expected to see bull run from the very begininig of 2019 but that didn't happen. As the year goes by many are becoming more and more disappointed thinking this will be another year of losses. Of course there is always a chance for market to recover and price goes up but currently it doesn't look like some major changes will happen. Maybe second half of the year will bring some changes but even if this happens I don't expect to see price bigger than 6k or 7k this year.

[DeadCoin]

None's prediction become true at last. Its based on their experience they come up with conclusion but what happens behind is completely different. Last few days growth trend has been good and even current day's growth is still on green though it has not moved up too much. Its travelling between $3890
and $3930. Hope this trend leads to a good bull run by June.

[olumyd]

I don't think predicting the price of bitcoin is good for the space right now. The crypto industry needs more development or rather standardization before we can accurately predict what the market would be like. Trying to say bitcoin will beat it's previous all time high at this current rate in the short term is fallacy.

[omonuyak]

I agree with Lee that the bull market will commence in 2019 end and in 2020 we are going to have full blow bullish market.  I think now remain the best and the right time buy bitcoin and others cryptocurrencies and keep holding.

[bitcoin31]

We have different thinl this year if the bull market happens or not and that's a controversial question until now have no answer.
People think people run is good because they motivate people to invest again their money and possible to happen bull run if the people are positive.

[magneto]

Lmao. I like how they added that he used "fundamental, TA, and macro indicators" at the end, while basically every single prediction that he has made in his career of spewing out sensationalist headline predictions has pretty much been all unbased, and has very rarely resulted in success.

I don't think that 2019 will see a bull market, at least not a full fledged one.

There may be a trend reversal (which we are already seeing at the moment, but have to see if it'll last), but as far as FOMO and percentage growth goes, I don't think it's safe to say it'll happen this year to the scale of 2017 yet.

It's much more likely that we'll see such FOMO build up in the market closer to the halving in 2020-2021 based on the historical cycles that bitcoin price tends to follow. Even then, it could be possible that this time round, the bull market results in much less volatility, as market cap has already grown substantially.

[Oceat]

I think whales will push the bull run next year since the halving will take on 2020, but there is also a possibility that a quick bull run might occur this year then stop and then continue the bull run next year.

Anyway, everything could be possible to happen though I don't really trust these people who give a prediction that's way too out of reality.

[Stedsm]

First, he's not the one alone who runs the whole crypto industry and hey, he's not even Satoshi (or Godfather of Bitcoin).
Second, aye come on, why many so bear threads poppin up lately? Just to make everyone believe that BTC will remain ^dead^ this whole year? Well, all those fundamentals, TA and blah blah are indicating positive signs and looks like institutions have already taken their positions by buying BTC at almost 1/7th its ATH. Ya all must be getting news that 1000s of 10000s of BTC being accumulated through OTC deals almost every single day.

[LUCKMCFLY]

Well, it's interesting, but it would have been great if he had shown his technical analysis and conclusions of his fundamental analysis,  he talks about positive news such as the approval of ETF and BAKKT, is something that could give him a lot of credit.

I imagine that the projections are not so out of the ordinary, I study the market according to Wyckoff's philosophy, and I know that we are in a phase of accumulation and we do not know when it will end.

 He says that this year 2019 will practically start the Bitcoin bullish trend, it's a statement that I give credit because I know it can happen, although I think it's quick but possible.

[bbc.reporter]

No comment. I take you straight to the news.

Tom Lee of Fundstrat: Bitcoin Bulls to Return in 2019



Tom Lee of Fundstrat Global Advisors has once again given cryptocurrency market predictions. The long-term Bitcoin bull stated earlier that sentiment will once again turn positive during 2019.

Lee draws on technical, macro, and fundamental indicators to make these conclusions.

Read in full https://www.newsbtc.com/2019/03/14/lee-bitcoin-bulls-2019/

When I first read the title and went through your post honestly I was bit puzzled, I had to read it for the third time to realise this was a sarcasm directed at Jamie (who’s shown in the picture lol). I have read his forecast and I hope for his sake he gets it right this time as public sentiments are quite high. However considering last year he got carried away, many people may not believe his words easily this time.

The sarcasm was directed at Tom Lee who has gained a following here in the forum as the leading bitcoin contrarian indicator.

However, there are some people who are beginning to consider that he might be correct this time. Does that make him a stronger contrarian indicator or weaker hehehe?

[sclmte]

Tom Lee, one of the most influential people in the whole crypto universe, predicted that Bitcoin would enter bull market in 2019, however can we take it seriously if some of his predictions did not come true in the past? For now most of the people are waiting for the return of crypto prices

[buwaytress]

Just goes to show that TA can be manoeuvred to fit any desired outcome. Doesn't mean squat to eventual outcome, though, as Bitcoin does and will do what it likes.

I didn't need to build a chart to expect 2019 was not going to see a bull. We knew this for over a year now. Why are people still expecting one so soon? If it comes now, it'll be too weak to push for sustained 5-digits, much less a new ATH.

[The Cryptovator]

There is no reason to trust predictions. Different predictions will come out from different people's. All predictions could not be true. Perhaps 1 prediction will match with bitcoin trend. But who know which prediction will true. Every one will show legitimate regarding their predictions but unfortunately bitcoin following it's own way. Hoping 2019 will start bull run, atleast nearly 10K, it's not my predictions, it's just my expectation.

[lablab03]

Well base on my research, others saying that it will happen only unless  if more investors and traders continue to choose to trade on some big exchange instead of holding their capital on their wallet .because like what they said wherein that is the common reason now why market still very stagnant. But for me in my own opinion i don't believe on it since there is still some whales that always exist and control the growth rate of market .wherein in my view of course there's a bull but good for gaining quick profits only.  

[fabiorem]

Tom Lee cant be used as a contrary indicator right now, because we arent anymore in 2018. The most intense phase of the bear market had already passed, so whatever he says now, cant be used to indicate the contrary. Only banksters desire a eternal bear market for bitcoin, because they hate the asset.

We are already four full months at the 3k range. This is more time than we had in the 6k range (and I mean continuously, without any spike to the upper levels of 9k and 12k). The most we had was a visit to 4k, a fake bull run which lasted for some days.

There are rumours the chinese mining companies will turn their machines on in May. Implying they had dumped their coins during the bear market (to cover for the BCash fork wars, for example), they could re-buy the coins and cause a spike back to 6k, which still would not be a bull market, but it will bring bitcoin to recovery. For now, the bear market have not ended, but the capitulation phase have already passed. You can check the classical bubble chart to see where we are now.

[Pursuer]

some people around the forum tend to confuse bull market with setting a new ATH which are not at all the same thing. there will not be a new ATH in 2019 because simply bitcoin is not a pump and dump that can be pumped that much in such a short time!
but there will be a bull market because it is the only possible healthy market movement that we can have this year after 85% drop over the course of 15+ months. continuing down this path is just as unhealthy as if we continued down the path of rise to $20k and beyond in 2017.

[ethereumhunter]

So it will depend on you, whether you believe him or not. But one thing that you should remember, that still a prediction that might be happening or not because he doesn't know what will happen in this year or the next year. You can accept what his saying but you need to check by yourself, so you can decide if the bull market will happen in this year or not. We will see some news like that in the short time before this year is ending so it's better we prepare our coins and don't miss the chance to sell at the bull market.