Where will the price stop ?

[adaseb]

Its very difficult to predict the top. I assumed back in March 2019 that $4200 would be the top since it had weekly resistance. Then I assumed $6000 would be the top because it was the strong support level from 2018. Then I assumed $10K would be the top because its an important psychological number. And it still keeps going up.

Today we almost hit $14K before the massive sell-off, was it the top? No way to know for sure. I think BTC went up almost $2000 in less than 24 hours so a pullback is to be expected.

We will only know in hindsight where the top of this bull run ends.

[Slow death]

An ordinary person will not be able to predict market movements, you are absolutely right. But people who read the literature, study the markets for years, such people will be able to predict the movement of the market. They see the one that others consider commonplace and do not pay attention to it.

we have examples that show us that these experienced analysts fail much in their predictions

The bitcoin (BTC) price is unlikely to break $40,000 in 2019, Bitcoin Knowledge podcast host Trace Mayer declared as part of new analysis on June 24.

Fundstrat Global Advisors co-founder Tom Lee said that bitcoin (BTC) could easily reach new highs during an interview with CNBC published on June 18.

you will see that all these price forecasts will be wrong, but these guys are professionals

Today we almost hit $14K before the massive sell-off...

fell to $11800, it was a big dump

[Herbert2020]

people get caught up in trends too much specially when they want to predict the price. till yesterday they were all hyped up to the point where they were calling for breaking the record ($20k) before the month ends and today everyone just wet their pants as soon as a tiny correction began to happen as we can now see on the charts that clearly show the correction followed by their panic

Today we almost hit $14K before the massive sell-off...

fell to $11800, it was a big dump

10-15% drop. big? meh!

[Bitcoinqubit]

hey everyone I think it's time for everyone to be Happy and investing since the price is actually climbing over the roof now .

Well there are few quotes that I came along on the internet made by some major websites , lemme state that out for you :-

*This was quoted by cointelegraph *

"As Cointelegraph reported on Friday, hash rate hit a new all-time high at over 65,000,000 TH/s. In other words, Bitcoin is more secure than ever and would require an unfathomable amount of computing power to affect the network."

"In fact, the number of Google searches for “bitcoin” is only around 10% of what they were in 2017. In other words, retail investor FOMO has not even started yet, which may suggest that BTC price could go much higher than last time"

"The latest rally to five figures is also happening way before the Bitcoin block reward halving set for May 2020. This is when mining block rewards will be cut from 12.5 to 6.25 BTC, thus reducing the bitcoins minted by miners who are naturally market sellers."

Just saving you guys from reading the whole para '

So according to these arguments , Bitcoins should be able to just strike beyond 20k$
But what do you think ?
Will the price stop here or just climb up
Is it okay for us to have an unnatural price prediction??
What are your thoughts on it ?

really i know where it will go but i dont fucking will say it to where its going , you here for the money only like other shitty faces around here comapre to satoshi team and vitalik and other giants which came to make change ...

its nice to see the price drop heavily and wipe the shitty face like you and traders out of this game hhhhhhhhhh

i have prove that i was know about the  the last spike with others great people its not luck or prediction here is a link
https://twitter.com/bitcoinbyte1/status/1143535401090650115

its not me, some very good friend

look on date and time and compare

and i know where the price will go but hell dick heads like you its great to wipe them out of the game and other shity people/traders like you....
to fall the price hard in some point then we back....

the ones that came to change and help and bring bright future will find way out and they know to who listen

**

[marsya17]

This is generic question, and there is generic answer as well, that is "no one could say where the price would stop".

Strongly agree with you that this is a very general question and raises the same answer as before.

The topic is decorated with a category that deviates slightly from the title then on the cover is filled to be similar to the title of the post.
Interesting! But the answer to the contents of the closing post has been generally answered.

[Free1bitco.in]

it is very difficult to make speculations where the price of bitcoin will stop moving, or stop developing, because bitcoin is a medium of exchange that has great instability. even for now, the price of bitcoin is being adjusted for prices between $ 10000-11,000

[bitbunnny]

Well, I guess nobody has cristal ball to predict this. Yesterday we had slight correction but it seems price is moving forward again. There were some predictions that price might cross 15000$ soon but honestly I don't think this will happen this or next month. Despite corrections that will happen along the way I also don't think that price will go below 9500$.

[Naida_BR]

Why do you want bitcoin market price stop? Most of the users here are praying for it to have a bull run so that they can earn huge profit in it when they think that ATH had been reached. This probably another history records that will going to happen after experiencing bad happenings on 2018 where most of the users speculated bull run but it did not happen.

Maybe the OP wants an indication of the next huge resistance of the price. Apparently he doesn't mean that it has a high that will stop for ever.
In my opinion, there will be a lot of resistances from 13k and above. There are a lot of people who plan to exit the market and I have a feeling that this would be between 13k and 19k (the previous all time high). It would be interesting to see how the market will react to that.

[el kaka22]

It seems reasonable prices are around 30-50 thousand dollars, now we have reached 20 thousand dollars before and we have started this at around 4 thousand dollars which means if it does another x10 that reaches 40 thousand dollars, it can do a bit less or a bit more in the end that puts it between 30-50 thousand dollar levels.

However, that is just my assumption and I fear that I may not be right, in the end this is a volatile market that people react and with just one bad news tomorrow we can start to go down or with one big deal from a huge nation making a crypto storage like foreign fiat currencies it may go up as well. So this is just my expectation in case nothing major happens, that is why you should always be prepared for anything major that could happen and read the news.

[Pursuer]

the "next" stop is going to be $20,000 because we can only predict the next stop not the final price stop that can only be guessed to be around $1 million maybe more. but the "next" stop is easily to predict and that is the previous ATH which has proven to become the next resistance every time we go to a bubble, then correct with a big bear market and recover back to it.
then after it breaks which can take a couple of months or at least a dozen tries, we can see price stop at $40k first and then move towards the $100k which is most probably the next bubble.

[Boh manok]

According to my argument, bitcoin will increase again, even though now it has decreased slightly.
 And about prediction, it's natural for us to make predictions because everyone has their own arguments and opinions about bictoi prices and in essence everyone hopes that bitcoin will experience a very drastic increase

[kaya11]

hey everyone I think it's time for everyone to be Happy and investing since the price is actually climbing over the roof now .

Well there are few quotes that I came along on the internet made by some major websites , lemme state that out for you :-

*This was quoted by cointelegraph *

"As Cointelegraph reported on Friday, hash rate hit a new all-time high at over 65,000,000 TH/s. In other words, Bitcoin is more secure than ever and would require an unfathomable amount of computing power to affect the network."

"In fact, the number of Google searches for “bitcoin” is only around 10% of what they were in 2017. In other words, retail investor FOMO has not even started yet, which may suggest that BTC price could go much higher than last time"

"The latest rally to five figures is also happening way before the Bitcoin block reward halving set for May 2020. This is when mining block rewards will be cut from 12.5 to 6.25 BTC, thus reducing the bitcoins minted by miners who are naturally market sellers."

Just saving you guys from reading the whole para '

So according to these arguments , Bitcoins should be able to just strike beyond 20k$
But what do you think ?
Will the price stop here or just climb up
Is it okay for us to have an unnatural price prediction??
What are your thoughts on it ?

I hope the speculation of Craig W. will be on the spotlight, hope so. As we will be getting rich if that happens. As of now I am taking a deep tracking of the current price, it seems that there's no stopping this right now, as you can see even if the price drop, it only drops a little and then again climb again more than it has dropped.

[BitHodler]

Yesterday we had slight correction but it seems price is moving forward again.

I wouldn't call a 25% pullback a slight correction. People have been talking about a looming correction for weeks now, and here it finally is. If people think we're going back to $4000-$5000 they are delusional.

Now that we're so far away from sub $5000 levels people regret not having bought, and that while before the April pump to $5000 people were largely bearish with predictions that Bitcoin would make lower lows....

Despite corrections that will happen along the way I also don't think that price will go below 9500$.

I can't rule that out with how the most important moving averages hover slightly above the $7000 mark. While I do think the chances of testing these moving averages right now isn't likely, we should be prepared for when it does happen.

[carlfebz2]

Yesterday we had slight correction but it seems price is moving forward again.

I wouldn't call a 25% pullback a slight correction. People have been talking about a looming correction for weeks now, and here it finally is. If people think we're going back to $4000-$5000 they are delusional.

Now that we're so far away from sub $5000 levels people regret not having bought, and that while before the April pump to $5000 people were largely bearish with predictions that Bitcoin would make lower lows....

Those presumptions cant really be avoided due to unpredictability of such market.People do tend to be bearish and for those who have balls to risk up to buy that low level price
will be mostly be rewarded and just take a look on what happened on the current state. Regretting and whining can really be seen anywhere for those people who
have presumed wrongly about the price.

[timerland]

hey everyone I think it's time for everyone to be Happy and investing since the price is actually climbing over the roof now .

Well there are few quotes that I came along on the internet made by some major websites , lemme state that out for you :-

*This was quoted by cointelegraph *

"In fact, the number of Google searches for “bitcoin” is only around 10% of what they were in 2017. In other words, retail investor FOMO has not even started yet, which may suggest that BTC price could go much higher than last time"

But what do you think ?
Will the price stop here or just climb up
Is it okay for us to have an unnatural price prediction??
What are your thoughts on it ?

I don't necessarily agree with the first part of this bolded statement, but I don't think that the second part is grossly inaccurate.

The fact is that right now, we're still a year from the halving, which would have normally been the starting point of a bull market. But instead, I think that institutional investors as well as longer term holders have already driven prices up because they realize the magnitude of this bull market, and they're seeking to capitalize early on.

I think that breaching the ATH will be inevitable, seeing the fundamental improvements that BTC has undergone, as well as the influx of institutional interest in building services (albeit trading ones) around BTC. I wouldn't jump to an accurate figure, though, because that would depend on the level of FOMO shown by retail investors.

[Reid]

It aint bad.
That is why it is called just a prediction.
We as humans will just naturally do that even if our brain is telling us not to. 

$20k. Hmm. Up until now I cannot believe that it might go that high and they stay at that price for a long time. Yes I want to see it but then again it could be a manipulation.
It is not from bitcoin searches and not the FOMOs. So where it is from? Traders? Whales? Manipulators?.

[FanEagle]

I think the upper movement seems to be more likely right now. Look at the price right now, it had a correction and only dropped thus far which means the support lines are coming right behind us when we are going up, normally if the support lines were weak and they weren't done properly then we could have dropped a lot more yet we didn't which shows clearly that people are still bullish about bitcoin.

If the bear idea or even a slight panic selling happened we could have dropped more but people are not willing to sell their coins for too cheap since they want to make profit. Of course, there will be people who bought bitcoin for high prices during 2018 bear run and they want to get out as quickly as possible but even with that in mind I think this is just a temporary selling to make profits which will eventually stop when they run out.

[iMark]

We can't tell for now, the market is so unpredictable and we can't base our decisions on mere speculations because even if the price is rising there could still be a possibility that it will go down we just don't know when. We just have to be smarter with our decisions to lessen our losses.

even now we don't know how long the price will continue to rise, yesterday the price touched $14k before the correction occurred,
and now the price is back up and will continue to rise. we don't know how much new ATH for this year. it's still unpredictable

[BigBos]

for now, it looks like the price of bitcoin has stopped at this time. well, the rapid increase that happened a few days ago was stable at $ 11k. this is what often happens when prices rise quickly. but, sooner or later, the price of bitcoin will rise again, and we don't know when that increase will stop.

[YuginKadoya]

As the price progresses because of the bull run I can say that every person that holds up their bitcoin will surely get big value, and people with other Cryptocurrency may get profit from it as well, But will the price just stop in the $20,000 USD or it will continue to go up, In the previous All time high that we got in this bull run and in my own opinion base on my experience with the recent movement, I guess we can have a new All time high this time, I have seen bitcoin's value is still increasing, and ATH as well is increasing as well, But we can not pinpoint the total ATH the price may land in the meantime, Because we still didn't reach the $20,000 USD.