Bad days for crypto

[Razerglass]

I really dont think that we have "bad days", it is only period of time, part of life of currency, i think some altcoins will rise, and BTC will rise too

If all markets are red, it is a bad day, a week for crypto traders. Everyone buys cheap, price drops, it becomes a bad day. Otherwise, I don't know your diagnosis for a bad day. BTC price recovers but altcoins are in the red zone since 2017 all time high prices. Traders can't sell, they wait for the full market recovery one day. Hope price recovery will start sooner.

[1715442780]

1715442780

[robattfield]

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

it could be worse, currently at the 9200 BTC price and according to technical analysis of experts, the BTC could even reduce $ 8700, then it could go to moon. Stay calm and wait.
This is a good opportunity for you to buy BTC at a cheap price, buy as much as you can.

[tabas]

although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

$20k by the end of the year is achievable but it's unlikely to happen IMO. I'm guessing that we're likely to see this by next year or beyond that.
I'm optimistic but settling the factors and the rough road that we're taking today, I don't want to have high expectations.

[ElmedoRator]

You say this seems too early to conclude. The growth of electronic money is gradually being formed.

In 2014, the value of BTC was only about $ 200, by 2017 it was up to $ 19,000, in 2018 returned to the price of $ 3,000, and now increased to $ 9,000.

It is very likely that this growth will be stronger in the future, because everything will grow, the world needs its blockchain technology and payment network.

[robelneo]

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

It's still achievable as long as we don't read any more exchange or big wallet hacking we are still ok, the level now is a good opportunity for investors who missed buying when it hit $9000 for those who just came in the business and those who have funds that they can buy Crypto coins that they would like to invest.

[Freescan]

bitcoin is still stable at fixed prices, I mean the movement of the price of bitcoin has not increased significantly. But I still believe that the price of bitcoin can increase higher than the current price, whether it's the end of the year or next year I will survive and always be patient waiting for the price of bitcoin to rise high.

[ansarose1]

I think it is still approachable by bitcoin at the end of this year to reach $20,000. However, this current market situation is not good for those who invest earliear within these couple of months, since they would not got any profits, but it is good to buy more coin now since the prices takes slippage.

[meanwords]

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

How is this post able to get a merit? This is just another impatient person thinking that he could make a million in a day. He doesn't even look at the chart on how Bitcoin has gone up since the dip of 4k. 20k is just a prediction that analyst make, it's either true or false in the future. Also 9-10k is a huge bounce up and I don't see any bad in it. We are still in a good price.

[peterlustig]

although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

$20k by the end of the year is achievable but it's unlikely to happen IMO. I'm guessing that we're likely to see this by next year or beyond that.
I'm optimistic but settling the factors and the rough road that we're taking today, I don't want to have high expectations.

True! If not this year then next year there's a huge possibility for the bitcoin's price to shoot up because the next bitcoin reward halving will happen in the next year and many are saying because that price is bound to rise.

[zero714309]

On July 2017, price of bitcoin was around $3000, in December 2017, Bitcoin got the new ATH of $20000, therefore, I think it's possible to reach $30k by the end of this year.

as i know more deep the price going down it will more high reach new ATH in the next bull run. But if we back at 2018 and 2019 i think 2017 much better. Many ICO project successful and we can easily get profit. As you said,nothing impossible in cryptocurrency, we just need more patient and dont give up early.

[maydna]

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

There are still a few more months to go to the end of the year and I think the development of the price of bitcoin starting at the beginning of the year has been pretty good. The price of bitcoin is in the range of $ 9000- $ 10000 and I think it's good compared to the price of the beginning of the year which was in the range of $ 3000.

If we can watch the chart of bitcoin price, this year bring new hope for every people who have bitcoin because they can see bitcoin price is going to increase higher. Although we are down deeper than before, we still have a chance to see the price will start a rally to break the highest price. The opportunity to reach $10k will still there, and we will break those line so bitcoin price will reach another highest price soon. But we don't know when it will happen, and we could only prepare for the coming.

[simpelplan]

The market experienced much more significant difficulties for those now. These are just cycles that have a completely logical nature. The United States put pressure on cryptocurrency, it is obvious that this will affect the price of Bitcoin, but not for long.

and maybe not only America but also a number of other countries there are also those who don't like crypto, this is what makes the market go down including the price of bitcoin and several other altcoins. But I personally believe that this condition will not be forever like this, there will be a time when the price of bitcoin can increase high.

[Kimonoe]

bad day for those who hold, but a good day for those who will invest. where are we? waiting is indeed a tedious job, but from us patiently waiting for the market it is money. many who believe they can penetrate $ 20k later, and those who enjoy are those who patiently wait

[Insomnia family]

no one will know the truth because the market cannot be predicted correctly, sometimes if you predict that such prices might also exceed predictable prices and can even be worse than the initial price. but there is no need to worry because there is still time until the end of this year, stay patient and always monitor this market situation.

[PedroCrypto]

In my opinion, it is a good time to buy, Bitcoin still is at 10K level, good alts now already at least 5X from early this year. I missed the opportunity to accumulate then while I will buy now... Hope it is still a good time

The projects I invest now:

BitTorrent
Stellar
Ebakus
RavenCoin
Mithril
DGB

[Cnut237]

Yes $20k for BTC is certainly achievable given the history of price movements. It wasn't so long ago it was below $5k.
However there is a difference here between acheivable and likely. I don't think it's particularly likely for BTC to hit those heights soon. The bull has been losing strength for quite some time now, and we are in a consolidation phase. Perhaps prices might move up again before the end of the year, but another 100% on top of existing rises seems unlikely, and if it does happen I think it would not be sustainable and we'd have a big pullback quite quickly.

[zzortyx]

Many expect to resume growth in the fall. I think that 15K $ is the ceiling for bitcoin this year..if growth at all will.

[X-ray]

bitcoin is still stable at fixed prices, I mean the movement of the price of bitcoin has not increased significantly. But I still believe that the price of bitcoin can increase higher than the current price, whether it's the end of the year or next year I will survive and always be patient waiting for the price of bitcoin to rise high.

A thing that must be believed by anyone if there will be no a good news come from US and india and there will be no the next huge waves to pump the price of bitcoin to the moon. you don't need to say that because that's worthless and as a bitcoin supporters and whatever where the position of bitcoin and we always believe it.

[ishirut009]

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

yes everything can happen. But as per technical perspective, there is a very strong support at the 9000$ area, once that breaches, expect the price of btc and all other alts to go down and find the next supp at 7400. But when price breaches the 10800$, i expect a move the the upside.

[UniversityCoin]

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

The crypto market is a very fun market where the situation can change in a matter of hours. I have repeatedly seen how the price of Bitcoin grew by several thousand dollars in a couple of hours, and also fell rapidly in a matter of hours. So do not worry that the price is now not 20 thousand dollars, because it can grow at any time.