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Author Topic: My vision of the market in the coming months  (Read 6048 times)
MedvedevVasilyS (OP)
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June 22, 2019, 11:21:16 AM
 #1

Today we are seeing a very interesting picture of the cryptocurrency market. Bitcoin shows fast and sharp growth, and altcoins now look very bad.
I want to share my opinion and how I see developments in the coming months in the cryptocurrency market:

Now, most news telling that Bitcoin for the first time in 1.5 years has overcome the price of 10 thousand dollars and this suggests that now many people will go to buy Bitcoin and FOMO will come to the market. This will definitely push the price up. Based on technical analysis, I think that in June or early July we will see a bitcoin price of 11825 dollars for bitcoin. but we all know that after each growth correction must come, and now it, too, will have to happen in order to take money from weakly believing people. It will come from the level of 11825 that as I see the correction and I think that during the correction there is a chance to return to the level of 7500-7900 for Bitcoin. Will we go below the 7500 as Tone Vays said? - I think no.
After the correction, there will be an accumulation of positions for several months, and then a lot of positive news, the arrival of large investors and to the moon.

Make your investment strategy by yourself and watch the market every day.......

What do you think about this? Am I right?  Cool

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June 22, 2019, 12:06:49 PM
 #2

I think FOMO is loading for Bitcoin. We can see it on the market now already. Bitcoin has raised 2k in 2 days.
It is not normal price rise. It is the effect of FOMO!
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June 22, 2019, 12:48:55 PM
 #3

We cannot say for sure that we will go below $7000. The fact is that the news about Facebook issuing its digital currency called Libra has heated the market and its impact has obviously on the market. As a result, many coins have surged including Bitcoin sitting at around $ 10000. But even after that, we cannot predict what course the market will take in the days to come.

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June 22, 2019, 01:04:03 PM
 #4

I don't believe in BTC below 8k again, it's not impossible
I disagreee with you about altcoins, look, everything is green on alts, look ETH, XMR, LTC, all good coins are in green, it`s a great moment for everyone

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June 22, 2019, 01:27:00 PM
 #5

I think FOMO is loading for Bitcoin. We can see it on the market now already. Bitcoin has raised 2k in 2 days.
It is not normal price rise. It is the effect of FOMO!
So you have realized what that FOMO is Huh We have really gone through the ups and downs of the market. setting up a demand has increased rapidly recently and it has its own "special" signs. For me, I simply thought through a bit of information from the G20. A real difference. Cheesy

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June 22, 2019, 01:29:03 PM
 #6

The price of bitcoin has increased rapidly over a period of 1 day, don't you see it is something strange after the last 1 year the price of bitcoin tends to be more stable. I think Bitcoin will again speculate and prove its HYIP for the launch of Libra by Facebook recently. Prices are unlikely to fall back below $ 8K, Bitcoin will stay at $ 10K in 2019.

The main key to success is in the value of assets that are getting more valuable. Recommended Crypto Trading platform Binance.com
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June 22, 2019, 01:36:54 PM
 #7

Today we are seeing a very interesting picture of the cryptocurrency market. Bitcoin shows fast and sharp growth, and altcoins now look very bad.
I want to share my opinion and how I see developments in the coming months in the cryptocurrency market:

Now, most news telling that Bitcoin for the first time in 1.5 years has overcome the price of 10 thousand dollars and this suggests that now many people will go to buy Bitcoin and FOMO will come to the market. This will definitely push the price up. Based on technical analysis, I think that in June or early July we will see a bitcoin price of 11825 dollars for bitcoin. but we all know that after each growth correction must come, and now it, too, will have to happen in order to take money from weakly believing people. It will come from the level of 11825 that as I see the correction and I think that during the correction there is a chance to return to the level of 7500-7900 for Bitcoin. Will we go below the 7500 as Tone Vays said? - I think no.
After the correction, there will be an accumulation of positions for several months, and then a lot of positive news, the arrival of large investors and to the moon.

Make your investment strategy by yourself and watch the market every day.......

What do you think about this? Am I right?  Cool
I can't pick anything from what you said, do you mean altcoins season will come when bitcoin correction start from this current price surge, could you please explain better.
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June 22, 2019, 03:22:24 PM
 #8

Either bitcoin draws back to 7k or it stays at 10k it doesn't bother me much and I'm happy that the FOMO is increasing ,what I have in my mind right now is what will happen in DEC 2019 to Jan 2020
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June 22, 2019, 03:28:00 PM
 #9

Most indicators are bullish for bitcoin plus both the fundamental and technical analysis are also positive and then there is a 3rd analysis that resolves around btc halving and that is extremely bullish so all these factors are stimulating the price and im already seeing many experts calling new high peak of 100k coming for btc.

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June 22, 2019, 04:40:05 PM
 #10

The Bulls are already running but not enough steam to sustained and drive the crypto market further, it needs more support from the major cryptocurrencies to break the $400 Billion dollar market Cap in my opinion just like 2017 bullrun when reaching $400 Billion dollar mark cryptocurrency price breakout in most of all cryptocurrencies that actively traded including those so called shit coins.
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June 22, 2019, 04:58:03 PM
 #11

The altcoins doesn't look so very bad now, as a matter of fact they are also doing good same as bitcoin. The market has a lot of possibilities, it can go sideways and can have a correction as low as $2,500 as they say.
Let them say the assumptions and speculations that they had because they failed to buy during those prices, so in result they are all hoping that the price would go as low as that when a correction comes.

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June 22, 2019, 05:06:19 PM
 #12

The first thing to consider is how high this market would go. People haven't forgot the last pump and dump that's why they'll be extra cautious on buying high this time that would led to a lower high that could be 1400, 1200 or current price. And this market would of course have correction but this correction too wont be extreme. I believe 8000 is the new low for bitcoin.
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June 22, 2019, 06:10:25 PM
 #13

Today Bitcoin is priced at $ 11,100 and is the highest in a few days or weeks. If market conditions continue to improve, it will be easy to reach $ 12,000. For me, predictions are normal and everyone certainly has predictions in his research. I have also been watching the market developments to date, but I don't want the price to return to the price of $ 7000. I also hope Ethereum will make a faster achievement, and don't be slow to reach $ 500.

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June 22, 2019, 07:12:19 PM
 #14

For BTC, a strong support level may be around 5-6K. Many may not like it, but the probability that bitcoin will drop to these prices is quite high.
Many altcoins fell heavily vs BTC. If bitcoin is strongly dumped, it will greatly affect altcoins. I hope that this does not happen, but I understand that not all altcoins will survive by the halving 2020.

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June 22, 2019, 11:12:21 PM
 #15

I totally agree with you. I think we will see a huge price increase after the correction and go to the moon. However, the FOMO effect is already working right now.

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June 23, 2019, 06:18:31 AM
 #16

In my opinion for now we can expect that hype will rise and it will once again attract more users.
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June 24, 2019, 06:08:41 AM
 #17

In my opinion for now we can expect that hype will rise and it will once again attract more users.
I also already felt the flow of information in connection with the growth of Bitcoin. I think that we will see this year the price above $ 15,000. I'm still buying Altcoins.
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June 24, 2019, 06:24:56 AM
Last edit: July 24, 2019, 04:05:15 PM by Leonardo7
 #18

Bitcoin FOMO is the strongest of all FOMO, no matter who you may be, you may just fall for it, because it's always a nice party, if Tone Vays has predicted what you just said, it may certainly happen, nevertheless it's just a prediction which is subject to change should the FOMO becomes too strong and maybe another giant trading house may just approve bitcoin on their platform.
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June 25, 2019, 12:14:37 PM
 #19

I think correction already happened, that drop above 11k back down to under 11k is the correction people have been talking about. A correction doesn't have to be huge to considered as a correction, you can have a small one that could be considered a correction as well, I would even go as far as saying that anything more than this wouldn't have been a correction but a reversal. So to think that correction will happen and drop us further down is quite simply wrong because if we go any lower that wouldn't be called a correction.

On the other hand I think we have dropped as further as we will during this time and instead of finding pessimistic approach we should realize that the market can only go higher from here on out and we will have a great future ahead of us in the upcoming few months.

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June 25, 2019, 11:27:09 PM
 #20

You sound real! It is possible for bitcoin to come again in the 8K USD zone! Where people are thinking about BTC at 25k USD, I am trying to stay at the ground! Because in crypto, anytime can happen anything! Bitcoin's next target is 12K USD, but it can go under 8K USD too! The pump was very sudden, so, there will be a correction for sure!

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