I wan't to believe

[Babyrica0226]

I remembered that I read Some of the articles, just forgot to save the link in which is someone saying like this,
"the bottom was December 15 2018, just look at the charts. We are in the bull market, We are currently in the last 3 months
of accumulation stage. After that We will slowly rise and rise. Then We will boom, Screen cap this

April 2019         - BTC5300$
July  2019         - BTC9200$
October 2019    -  BTC16,000$
February 2020   - BTC 29,000$
July 2020          - BTC 56,000$
November 2020 - BTC 87,000$

According to them this will be a 1.5 trillions in market cap.
The dominance of bitcoin will only be 40%-46%
Does the chart never lie? Just trying to get your opinion on this matter.
But honestly, I want to believe on this
Have a good day to all here.

[Red-Apple]

The dominance of bitcoin will only be 40%-46%

it is not dominance but with the way sometimes they create large number of shitcoins each of which have unimaginable supplies in the trillions and thousands of trillions, it is easy to create fake market cap and bitcoin with only 18-19 million will end up having a smaller percentage.

[gentlemand]

Tons of people have referred to that proclamation. Only a month left for it to prove its mettle.

Once upon a time everyone swore by a chart by this fella - https://www.tradingview.com/u/PentarhUdi/

This one specifically - https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/  - until its prescience came to an end and he himself admitted he didn't really know what's what any more.

Some make good calls but they all fade away in the end. I don't expect this one to be any different.

[mk4]

You must be referring to this one:

src: https://warosu.org/biz/thread/12505955

Anyway, he might've been right on the first few, but who's to say that this "prediction" is 100% accurate? Take note that the goal of $16,000 in October, bitcoin pretty much needs to double in price with it's current price of $8,400. While it's very unlikely in my opinion and I really doubt it, it's really not that impossible. Remember, we're talking about bitcoin, which exceeded our expectations in the end of 2017.

While I wish the dude's right, don't get your hopes up.

[Mandoy]

I do believe in the previous months that the chart is showing some kind of bullish promise but let us live in reality that not all prediction are true. But even though we did not meet such huge value or we will not hit our expected 20k$ value or more this December what is important is that bitcoin recovers from 3k$+ to 10k$ before it dropped to 8k$. This is still a good increase in value if we look at an annual basis. So far bitcoin have shown a bullish pattern but unlike the 2017 bubble, right now we have a realistic uptrend without any hype.

[omone1]

Crypto Prophet, lols. For sure I had great believe in these predictions early this year especially when bitcoin was $13k+, sadly, I can't explain what slow down the pace of movement. We still 3 months left in this year to see if all these come through. Bitcoin is unpredictable. It may suddenly pull a surprise and move up fast.

[DarkDays]

October 2019    -  BTC16,000$
February 2020   - BTC 29,000$
July 2020          - BTC 56,000$

Absolutely BS.

If you are so confident that Bitcoin will reach such ridiculous heights, then put your life savings on it. Right now, BTC is only worth around $8,300. So you could make almost 7x your money within the space of less than a year.

You clearly don't believe your own predictions, otherwise you would be all-in already. I know if I truly believed something would gain by 700% in 10 months I certainly would.

[franky1]

from my maths of many years .. for btc to have a STABLE VALUE of $16k+, $29k+, $56k+, $87k+
the cost of mining it needs to be up near those area's.

no one can predict the rare one time spikes of hype speculation ATH price points. as they are random and speculative.

so ignoring random spikes of speculation to cause a rare event of a ATH reaching the number.. and instead think about the underlying VALUE where the price refuses to go below a certain point bcause its stable VALUE is atleast the number.. involves having the majority of the community not wanting to sell below that point. which is done over time of not being able to offer cheaper prices via mining and via the majority of traders already selling off cheap where the new buyers set their limits at new levels.

think of it this way. if people can profitably mine. they wouldnt buy coins but instead invest into mining and sell a portion of the rewards to get returns and keep the profits. by there being less buyers and more sellers the price wont rise.
this is why when mining cost just a few $100's but the price spikd to over $1000 in 2013 it didnt last long. hense why we should ignore stats about temporary spikes.

but to have the stable point where prices dont go below say $16k. it has to be a time where majority of traders refuse to sell for less and mining is not profitable to sell for less. thus giving a nice $16k resistance.
my research into this stuff has shown that the hashrate needs to near double todays rate just to give good support for a $16k value

[Upgrade00]

Does the chart never lie?

I really not understand what you mean by this question. The chart is just a representation of the market value of a currency over time. This can be adjusted from a couple of hours to a couple of months.
People interpret the charts uniquely and based on their own analysis. It's a prediction, not a certain type or a prophecy.
Do your own research and make your own financial decisions.

[BrewMaster]

to be honest these numbers look good but at the same time look like the guess-works that people use to throw numbers at each other and call it "speculation" and it works both ways, it is not always them guessing doomsday and drops!

the trend line these numbers form are very similar to the data we had in the past if you extrapolate it to today which is why i said it looks good but again you can't use the past to predict the future. bitcoin today is growing so much faster compared to bitcoin in the past like 4 years ago when it was getting ready for the big rise to the new ATH like it is today. so we can't expect the same rate here too.

[shield132]

If you are under 10 years olds , fairly tales are nice.

But when you grow up ,
basing your life and money on the ramblings of retards claiming a get rich scheme will change your life ,
will bring you nothing but poverty and problem.

If some jackass is at a street corner screaming how if you give him $20 , he will make you rich next week,
don't take it as prophecy, take it for what it is , an asshat scamming you out of your money so he can have it.

Bitcoin is the same. 

It's sad but fairy tales are still nice and attractive, somehow true in eyes of lot of people (cloud mining, hyips and etc).
But can't say that there is a same scenario here because do you remember what was reaction when people were saying bitcoin will reach 20k when price was even 600$? And remember how soon that happened? This man's prediction doesn't sound illogical, I think there is high chance that will happen in near future plus if we consider the fact that we have upcoming halving which will hit soon, this was also one of the major factor which lead bitcoin's price to rise from 600$ to 20K usd, old halving caused very positive feelings among people and hope we will see the same in near future too, otherwise it's not even possible I think.

[pawanjain]

They say that the charts never lie but the charts have actually failed several other times. So in a way, the charts do lie.
We cannot completely depend on it and make predictions on arbitrary numbers. $16k for October is not an easy target considering the recent fall in the price of bitcoin.
There are good chances that the price might fall further down and if it does then $16k would just be a dream in October. I think it will at least take a few months until we reach $16k target.

[Naida_BR]

I remembered that I read Some of the articles, just forgot to save the link in which is someone saying like this,
"the bottom was December 15 2018, just look at the charts. We are in the bull market, We are currently in the last 3 months
of accumulation stage. After that We will slowly rise and rise. Then We will boom, Screen cap this

April 2019         - BTC5300$
July  2019         - BTC9200$
October 2019    -  BTC16,000$
February 2020   - BTC 29,000$
July 2020          - BTC 56,000$
November 2020 - BTC 87,000$

According to them this will be a 1.5 trillions in market cap.
The dominance of bitcoin will only be 40%-46%
Does the chart never lie? Just trying to get your opinion on this matter.
But honestly, I want to believe on this
Have a good day to all here.

I really don't think this is going to happen.
How is it going to reach 1.5 trillions in market cap? we need bitcoin adoption and people start exchanging fiat currencies and buy bitcoin. Without real cases we are not going to reach this level of prices.

[serjent05]

Well the chart never lie, it is the record of the Cryptocurrency trading history in day to day basis but the problem is the interpretation of those who read this chart.  In short, those TA analys, speculators and people who love to shout out their predictions.  The thing is, no one knows what will happen in the future, it is up to someone to believe these predictions and speculation which we know that lots of them failed to come true.  I am optimistic about Bitcoin but I guess hte price range is quite unrealistic. And let us see if this thing ..

October 2019    -  BTC16,000$

will happen.. it is just some days away.  

[harizen]

According to them this will be a 1.5 trillions in market cap.
The dominance of bitcoin will only be 40%-46%
Does the chart never lie? Just trying to get your opinion on this matter.
But honestly, I want to believe on this
Have a good day to all here.

PRE·DIC·TION
-a thing predicted; a forecast.
-a statement about a future event. A prediction is often, but not always, based upon experience or knowledge.

The chart will tell you some of "possible" outcomes in the future depending on the given factors, not it will tell you the exact thing to happen in a given timeframe.

It's fine if you believed that. Who else doesn't want that to happen? It has a basis. However, take that only as your reference.

[samcrypto]

We have nothing to lose if we believe on that, it may not be 100% accurate but hopefully to happen. We still have time for that prediction if bitcoin work well in the next couple of weeks for sure the price of October will be significant in the market again. I still believe on this, accumulate bitcoin now.

[rdluffy]

For me, it doens't make sense, any of this predictions

Seriously, who expected a price "crash" at this moment, just after bakkt and everyday good news?

The market have his own life and goes according to people, it not have a fixed pattern

[bitgolden]

Thank you for sharing this great speculation, at least it is better to dream of some of these values than to listen to those that are creating panic fud news. Looking at the summary of chart that you have here, I think that it is glaring that we will soon head for a very big boom in the value of bitcoin and if bitcoin can really get to that $16000 by next month, this will really be another mile in the journey of bitcoin and even if we will later drop, it means that we cannot drop below $13000 then.

I am sure that other analyst must have also seen this too which is why majority of people are all predicting the year 2020 to be the year that will be talked about mostly in the history of bitcoin so far as we will definitely witness some huge pump in the value of bitcoin after the next halving of May, but then we should expect a very big crash if we dare get there.

[vintages]

Realistically, 16k this October is not really visible but it is possible as anything can happen in cryptocurrency.
However if we see this amount, it maybe unhealthy, be every sure that there will be another correction in the first quarter year of 2020.
This price is somewhat possible at the first four months of 2020.

[wheelz1200]

I remembered that I read Some of the articles, just forgot to save the link in which is someone saying like this,
"the bottom was December 15 2018, just look at the charts. We are in the bull market, We are currently in the last 3 months
of accumulation stage. After that We will slowly rise and rise. Then We will boom, Screen cap this

April 2019         - BTC5300$
July  2019         - BTC9200$
October 2019    -  BTC16,000$
February 2020   - BTC 29,000$
July 2020          - BTC 56,000$
November 2020 - BTC 87,000$

According to them this will be a 1.5 trillions in market cap.
The dominance of bitcoin will only be 40%-46%
Does the chart never lie? Just trying to get your opinion on this matter.
But honestly, I want to believe on this
Have a good day to all here.

It can very well happen but price prediction to an actual month/year is quite difficult.  If bitcoin is ~$80k by next year I think there is no way btc dominance is under 50%.  Alts might spike with btc but the alt caps have to more than 10x on average, that's a tall task for the entire market