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Author Topic: Where will the price stop ?  (Read 841 times)
YOSHIE
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July 08, 2019, 10:16:53 AM
 #61

l Who thinks the price of Bitcoin stops at the level of $ 20,000, no.
Everyone wants bitcoin to move and keep moving like the earth rotates, rises, rises and rises.
So, many Bitcoin experts are currently predicting the price of bitcoin above $ 20,000, I'm sure in 2020 Bitcoin will break the record for 2017, because nowadays almost 80% of people in the world know investing in Bitcoin, while the supply of Bitcoin is only 21 million.

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Herbert2020
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July 08, 2019, 12:43:37 PM
 #62

noone can precisely predict the future price but we haven't seen the highest price yet
I'm pretty sure the highest price (before deep crash) will be reached a few months after halving day
my personal guess, bitcoin price may hit as high as $25k or even $30k before the end of year 2020/21

bitcoin has always had a certain roller coaster trend and will continue having that because nothing about the market has changed. in this special type of trend price keeps rising and ends up with a couple of months of big jumps and a big bubble before such "big crashes" happen, and each cycle is by setting a much higher ATH than the previous time.
so your $25k and $30k here doesn't make any sense unless you are calling the small 10% to 20% corrections a "deep crash" which would also be wrong.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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July 08, 2019, 01:39:56 PM
 #63

If we're talking about the next potential topping territory here, I'd say perhaps twice the next ATH at the least (nobody can accurately predict this though), but it's good to remember that wherever we go, it's not going to be in a straight line. We'll have regions of pullback and areas of indecision like we are in right now even in a bullish trend. That's just how it is. If you want to trade this on margin for the long term, you could probably just place down a very low leverage long and forget about it.
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July 08, 2019, 04:37:51 PM
 #64

l Who thinks the price of Bitcoin stops at the level of $ 20,000, no.
Everyone wants bitcoin to move and keep moving as the earth rotates, rises, rises and rises.
So, many Bitcoin experts are currently predicting the price of bitcoin above $ 20,000, I'm sure in 2020 Bitcoin will break the record for 2017, because nowadays almost 80% of people in the world know investing in Bitcoin, while the supply of Bitcoin is only 21 million.
For now we need Bitcoin to keep moving because that is a sign that new investors are coming into the market. Bitcoin is still young compared to some other form of assets and that creates more rooms for new investors including both the micro and institutional investors and at that, we should expect the price to keep going up.
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July 08, 2019, 04:50:58 PM
 #65

Depends on what happens before during and after the halving. If halving happens to be a big deal then there would be increases before it and during the halving and afterwards which will make bitcoin go really high and reach to above 20k+ easily which would make all of us profits, no matter where you bought from you would be in profit when we break the all time high, thats the correct math, only the sellers will lose money on profit.

However, if halving is not as big of a deal as we imagine and price doesn't react to it then we may see a fall because there are tons of people who bought with the anticipation of big movements during the halving period and they will sell all their coin if those big movements doesn't happen in which case they would have to just focus on getting their cash out asap.

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July 08, 2019, 05:03:36 PM
 #66

One million dollars in 2027, with 20% worldwide adoption (as a store of value, not currency).

After that, it will stagnate, like it happened with gold and silver.

I dont see it being used as a currency. The nocoiner boomer mentality is too strong among the masses.
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July 08, 2019, 09:33:12 PM
 #67

One million dollars in 2027, with 20% worldwide adoption (as a store of value, not currency).

After that, it will stagnate, like it happened with gold and silver.

I dont see it being used as a currency. The nocoiner boomer mentality is too strong among the masses.

The market keeps on going and the demand as well, and that might could trigger for another huge jump in the coming years.
But I've never think that Bitcoin price will be at that high, $100m will that so big.

I'll just predicting that it will be at its big jump for $100k by 2027.

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July 08, 2019, 10:03:02 PM
 #68

One million dollars in 2027, with 20% worldwide adoption (as a store of value, not currency).

After that, it will stagnate, like it happened with gold and silver.

I dont see it being used as a currency. The nocoiner boomer mentality is too strong among the masses.

More years to go before it happens but for sure cryptocurrency will be used as a currency online since many companies will adopt and they will utilize the function of this technology. Its hard to say when the price stops from moving, i believe we have to keep moving forward until we hit the moon.
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July 08, 2019, 10:04:19 PM
 #69

I'm pretty sure the highest price (before deep crash) will be reached a few months after halving day
It will gain more for sure but there will be speculation around and after the halving but a deep crash could always happen when the market get worried about events.


No one can tell what will be the next price of Bitcoin, nor when it will stop increasing.  Remember, the market is subjected to supply and demand, and anyone cannot control this.  The more Bitcoin become popular and more use cases in real life, the more the price get higher, only the hiccups is this whales who keep dumping to get profit and buy at the dip.  Nevertheless, I believe as Bitcoin demand increase and the block reward decreasing, the price per Bitcoin will not stop increasing.
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July 08, 2019, 11:43:02 PM
 #70

If I've concluded very carefully and effectively based on my analysis : -

Between the beginning of the year 2017 and the end of the bull run in 2018, Bitcoin did a whopping 20x while it began to rise from $1000 and reached its ATH of $20000 on a few exchanges. However, if we consider just that (theoretically), based on the current bottom which was about $3150 in late 2018, it should reach $63000 at least after multiplying it with 20x and I said this due to many analysts claiming this one to be a parabolic move for Bitcoin.
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July 09, 2019, 03:55:57 PM
 #71

Let's be realistic. if we consider bitcoin as a long-term investment, then it makes sense. For speculators now is also a good time to earn. But you should always choose a good entry point. Bitcoin will grow and nothing will stop it. Let them fall! But he will rise and will move forward, no matter what and no obstacles!
But that is the issue, those that enter the market are not really thinking about buying bitcoin and hold it for the long term, many of them think it is too late for them to try that strategy since they have a small capital and even the impressive growth of bitcoin will not be enough to give them good profits in the future, so they try their luck with trading not understanding that even when you trade you still need a decent amount of capital otherwise the exchange fees will slowly eat your capital, this will create a necessity for more profitable trades and as such more risk and eventually one day the person doing that will fail and lose everything.

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July 10, 2019, 06:18:50 AM
 #72

Its hard to tell where it will stop, I assumed that 13.9K might of been the local top and in 6 months it might of been retested however it looks like we might retest it today or tomorrow.

If $13.9K breaks then the next resistance is obviously the psychological $15K and then its the weekly resistance at $16.8-$17.1K, after that its obviously the $20K.

When $20K breaks then who knows what will happen. Basically nothing but air above and could quickly be jumping $1K everyday until who knows when.
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July 10, 2019, 07:06:33 AM
 #73

If $13.9K breaks then the next resistance is obviously the psychological $15K and then its the weekly resistance at $16.8-$17.1K, after that its obviously the $20K.

my money's on wicking through that resistance area---maybe topping closer to $18k given the exuberance, liquidations, stop runs---with a decent chance of a medium term correction deeper than this one.

the past two legs up (off ~$5k and ~$7500) extended 83% and 85% respectively. extending another 83% from the $9650 low puts the top ~ $17660.

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July 10, 2019, 01:57:04 PM
 #74

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.
Yeah you right, prices are still moving up, there is no sign that prices will stop rising and correction. it seems like the price will go to $15k in the near future, after that we will look at market conditions, if it still remains positive, it could be that $19k could be repeated this year
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July 10, 2019, 02:00:33 PM
 #75

I think the price will never stop growing in our lifetimes if you are asking about long term. If you are asking about  short term corrections, flip a coin.
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July 10, 2019, 05:33:04 PM
 #76

I think the price will never stop growing in our lifetimes if you are asking about long term. If you are asking about  short term corrections, flip a coin.

How can you be so sure about that?
I think that bitcoin will struggle to grow in value in the future as not any more use cases appear in our everyday lifes. This will make investors to avoid it because there will be not any added value in their investments.
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July 10, 2019, 06:14:22 PM
 #77

I think the price will never stop growing in our lifetimes if you are asking about long term. If you are asking about  short term corrections, flip a coin.

How can you be so sure about that?
I think that bitcoin will struggle to grow in value in the future as not any more use cases appear in our everyday lifes. This will make investors to avoid it because there will be not any added value in their investments.

Bitcoin doesn't need any more use cases. It's already sound money, better than anything that came before it. Everybody in the world has a need for that. Just look at gold's importance throughout history. Money and value storage is by far gold's biggest use case and it's got a market cap near $8 trillion.

Bitcoin will take some market share from gold, but both assets will probably take significant value from weaker stores of value like fiat money.

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July 10, 2019, 08:49:03 PM
 #78

I think the price will never stop growing in our lifetimes if you are asking about long term. If you are asking about  short term corrections, flip a coin.
As we observe the market the price continues growing up. We cannot judge this stage if where it will heading. True, if their is correction happens, find other coins to have profit. Bitcoin movement these days suprises holders.
Well, it seems there is a price correction happening since Bitcoin starting to go down yet i don't know where it would stop. Maybe it will gonna go back to $10k again if this continues to go down. I just noticed that everytime it hits the $13k price it will start to pull back again and it seems that nobody wants to push it too quickly to the top.  Cheesy

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July 11, 2019, 06:36:53 AM
 #79

I couldn't think where will the price stops and will stabilized, and all I am aware for now is bitcoin is moving upward trend. These days btc was at $12k heading forward to $13k and much higher trend.

After touching $13K, the price stopped rising and start dipping. Volatility strikes again, nothing new, who from us expected a price to rise constantly, without going down ever again? Nobody, many of us find this price behavior normal. Don`t get distracted with this drop, now it`s time for buying, or wait a bit longer, maybe it will go deeper, we never know. Bitcoin already made a lot this year, I just hope that we will hold over $10k position until the end of the year.



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July 11, 2019, 06:12:51 PM
 #80

I think the price will never stop growing in our lifetimes if you are asking about long term. If you are asking about  short term corrections, flip a coin.

How can you be so sure about that?
I think that bitcoin will struggle to grow in value in the future as not any more use cases appear in our everyday lifes. This will make investors to avoid it because there will be not any added value in their investments.
There are many coins out there that are trying to do too many things and cannot do a single one of them proficiently, bitcoin only does one thing and that is being a form of money but bitcoin is the best at that in the this market and slowly it is gaining recognition all over the world, bitcoin was created during the the biggest economic crisis of the last 30 years and the only thing we need for bitcoin to grow in value and adoption in a significant way is another economic crisis.

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