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Author Topic: Bitcoin Price Prediction – $24,000 BTC/USD before Christmas 2019  (Read 794 times)
Oasisman
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September 21, 2019, 03:41:27 AM
 #61

The price changes after one year because miners actually start to feel the pain of having half of what they use to make. Right now they are making so much money that eventually they will start to run out of extra money they have and they will want extra money, in order to make that extra money they will stop selling for cheap and that will cause the price to go up.

Right now, they are making a ton of money and only cashing out a bit to pay for stuff, they are not cashing out all of their coins, which means they have a lot of money saved aside for days like these, they know eventually stuff like this will happen and difficulty will change and some big whales will stand whereas small time miners will lose a bunch which is why it is definitely not gonna go up right away.
I definitely do not believe in the price of Bitcoin more than $ 20,000. after the coin fell below 4000 dollars. I think that for a long time we will not see Bitcoin at $ 20,000.

As much I dont want to believe it too, but all of these analysis is just mere predictions, plus Bitcoin's price movements are very unpredictable. It could be pumped by the whales, but there were also a lot of investors whos waiting for the price to climb back to the ATH and sell everything hoping to harvest good returns. Therefore the price will eventually crawl back below $20k due to massive selling.
Now, we have to realize the importance of positive TA's because it will encourage more investors to buy more Bitcoin.

R


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udidrone
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September 21, 2019, 08:42:43 AM
 #62

Honestly Prices will down under 7000 usd at latest this year 2019 Stock currencies are not just bullish
If it were like that, all people would have invested but not
You must stop excessive imagination

There is a chart reading analysis for that and if youre quite good with that, I dont see any event it will crash, the chart looks good and stable with its current level. Take note also, the opening of Bakkt this could bs a game changer if wall street peeps can amass bitcoin investors. 20k is a huge gap with its current price, but no one will know until that date will be the consequence or progress of market.

If that really happens then investors will invest their money in bitcoin but graphical analysis even though the situation is normal still cannot be benchmarked to the truth, we just wait until the end of the year what will happen.
Maybe before big pump happen, usually bitcoin price will dumped for a while. I am not really sure but usually whales need something to created so they can accumulate more. I don't have any analysis for this but i just say from what usually happen in bitcoin price. And then who get panic will regret because they sell their coins in cheap price.

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bedroid (OP)
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September 24, 2019, 04:32:00 AM
 #63

The price changes after one year because miners actually start to feel the pain of having half of what they use to make. Right now they are making so much money that eventually they will start to run out of extra money they have and they will want extra money, in order to make that extra money they will stop selling for cheap and that will cause the price to go up.

Right now, they are making a ton of money and only cashing out a bit to pay for stuff, they are not cashing out all of their coins, which means they have a lot of money saved aside for days like these, they know eventually stuff like this will happen and difficulty will change and some big whales will stand whereas small time miners will lose a bunch which is why it is definitely not gonna go up right away.
I definitely do not believe in the price of Bitcoin more than $ 20,000. after the coin fell below 4000 dollars. I think that for a long time we will not see Bitcoin at $ 20,000.

As much I dont want to believe it too, but all of these analysis is just mere predictions, plus Bitcoin's price movements are very unpredictable. It could be pumped by the whales, but there were also a lot of investors whos waiting for the price to climb back to the ATH and sell everything hoping to harvest good returns. Therefore the price will eventually crawl back below $20k due to massive selling.
Now, we have to realize the importance of positive TA's because it will encourage more investors to buy more Bitcoin.

Well, the more time that goes by without it breaking out makes it look less likely to hit ATH this year... Its been stuck near 10k for a month. BTC / USD be breaking down now, who knows for sure?!
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September 24, 2019, 04:34:29 AM
 #64

Honestly Prices will down under 7000 usd at latest this year 2019 Stock currencies are not just bullish
If it were like that, all people would have invested but not
You must stop excessive imagination

There is a chart reading analysis for that and if youre quite good with that, I dont see any event it will crash, the chart looks good and stable with its current level. Take note also, the opening of Bakkt this could bs a game changer if wall street peeps can amass bitcoin investors. 20k is a huge gap with its current price, but no one will know until that date will be the consequence or progress of market.

If that really happens then investors will invest their money in bitcoin but graphical analysis even though the situation is normal still cannot be benchmarked to the truth, we just wait until the end of the year what will happen.
Maybe before big pump happen, usually bitcoin price will dumped for a while. I am not really sure but usually whales need something to created so they can accumulate more. I don't have any analysis for this but i just say from what usually happen in bitcoin price. And then who get panic will regret because they sell their coins in cheap price.

It really looked like a big pump was building last month up then it flat lined. I'm starting to think maybe a big drop is coming instead. I'm glad I have not been trying to trade it. Trading BTC right now feels riskier than usual.
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September 24, 2019, 03:24:52 PM
 #65

Every year end gives a big change in the price, and most of the time this gets carried over to the beginning months of the next year. This gets interrupted by the mid days of the year. This time I don't think such a growth reaching $24000 before Christmas, but I believe the growth gets carried forward and the price can be experienced by the falling year close to the days of halving. This can happen prior to halving or after the halving process.

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