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Author Topic: We are finally going to $22k  (Read 1869 times)
MathGame
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October 30, 2019, 10:08:32 PM
 #181

After looking at the charts I'm feeling comfortable with the current bitcoin price and hopefully, the bitcoin price will continue to grow in the future. This chart proves the bitcoin price will grow to reach a new all-time high of $22,000 sooner than we think. It's about time, we would get to see the bitcoin price reach the new ATH of $22,000
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October 31, 2019, 01:23:43 AM
 #182

we're going way further than $22k next time around IMO. i'm betting on 6 figures.

Looking at the chart as a whole we aren't after all experiencing bear market but just dipping just for 2-3 years and will probably go on rising again.

i don't think that's what the chartist is saying. he's comparing the current period to early 2012 or 2016, which suggests we'll slowly uptrend through the 2020 halving and then price will go parabolic the following year. then maybe we'll get a 2-3 year dip.

6 figures? $100K?
I'll say $50,000 one year after the halving and back to the ATH when the halving takes place.
If it's going to happen, no matter what, we have to prepare in case the crash occurs subsequent to the new ATH, the price will gradually decline but that's the time to buy and sell bitcoin. Just buy bitcoin as much as we can afford now, sell at ATH, then buy more bitcoin in 2-3 year dip.
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October 31, 2019, 11:14:06 AM
 #183

we're going way further than $22k next time around IMO. i'm betting on 6 figures.

Looking at the chart as a whole we aren't after all experiencing bear market but just dipping just for 2-3 years and will probably go on rising again.

i don't think that's what the chartist is saying. he's comparing the current period to early 2012 or 2016, which suggests we'll slowly uptrend through the 2020 halving and then price will go parabolic the following year. then maybe we'll get a 2-3 year dip.

6 figures? $100K?
I'll say $50,000 one year after the halving and back to the ATH when the halving takes place.
If it's going to happen, no matter what, we have to prepare in case the crash occurs subsequent to the new ATH, the price will gradually decline but that's the time to buy and sell bitcoin. Just buy bitcoin as much as we can afford now, sell at ATH, then buy more bitcoin in 2-3 year dip.

I know how optimistic you are( actually at the high level) but to think $100k in a year or two after halving, I can't figure out how it becomes into reality. Even to think that Bitcoin will reach into $20k is quite hard and aren't have assurance, how much more if we go beyond that.
Realizing that we are not even through into recovery, in fact, we are still in the market correction even though we pass 1 year in bearish season.
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October 31, 2019, 11:45:23 AM
 #184

Sharing my daily time frame technical analysis on Bitcoin.

I'm a little bit bearish on higher time frame, like on daily time frame.
You see those yellow circles? That trendline just continue making more higher highs as we go by.
The only positive I see is the volume. If you see the last yellow circle, the volume was too huge spike compare to previous higher highs.
I am still waiting for monthly closing candle. Tomorrow could be significant for Bitcoin or on the next day.

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October 31, 2019, 11:59:35 AM
 #185

Sharing my daily time frame technical analysis on Bitcoin.

I'm a little bit bearish on higher time frame, like on daily time frame.
You see those yellow circles? That trendline just continue making more higher highs as we go by.
The only positive I see is the volume. If you see the last yellow circle, the volume was too huge spike compare to previous higher highs.
I am still waiting for monthly closing candle. Tomorrow could be significant for Bitcoin or on the next day.
from chart above i see lower high at yellow circle,and also it make lower low.based on dow theory i see bearish still happening.we need confirmation on high time frame,is it formed reversal pattern or not. In november we will see market direction ,where bitcoin price will moved.personall i am doubt 22k will happen this year.

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October 31, 2019, 01:02:37 PM
 #186

I'm hoping that bitcoin can reach 22k this year, and looking at that graph, I have confidence that it can. But reading some other analysis, we can't still confirm it well, and I understand that reason. I also make my own interpretation, but in my calculations, and assume that I will only go to 18 - 20k. But then again it depends on the volume.  Smiley
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October 31, 2019, 03:30:22 PM
 #187

Searching across the web. A very interesting Chart has come to my notice. I don't know who has analyzed but it says a lot about the story of bitcoin so far in a very large time frame.




The thing is on one side it is hard to digest this as we have seen a long bear phase and a lot of fake ICOs shit which has almost lifted the trust of people from this cryptocurrency market as whole. However, this analysis couldn't completely be neglected because we all know 0.5 retracements hold a pretty sacred place in every Technical Analysis. Maybe the waves don't count up it can be a correction downwards. But the whole trend line is still.

Disclaimer: This chart is shrinked a little bit to prove the point if you go to trading view you won't find a chart exactly like this one but the highs and lows are all correct. Better see a logarithmic chart for better similarity.
We are looking forward to seeing bitcoin reach $22k this year but we can't really trust the chart because it has betrayed us once. We've seen it go low but suddenly so high afterwards but then it fell down again. We can see on this picture that bitcoin can go high all of a sudden but fall down after the sudden growth. It would be better if we stay lowkey with our investment and go with the flow wherein we are just going to do the things necessary for a certain situation.
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October 31, 2019, 04:47:17 PM
 #188

I'm hoping that bitcoin can reach 22k this year, and looking at that graph, I have confidence that it can. But reading some other analysis, we can't still confirm it well, and I understand that reason. I also make my own interpretation, but in my calculations, and assume that I will only go to 18 - 20k. But then again it depends on the volume.  Smiley
It's just too early to expect a $22,000 bull run within this year while the current price is not correlating to the price target. I expect that $22,000 or even $20,000 will touch next year but looking at the price trend and speculations it seems that the price is likely to move upward but not this year. We will surely going to see that new ATH of bitcoin next year we just need to HODL a little longer.

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October 31, 2019, 05:23:36 PM
 #189

I don't know where such conclusions come from.
The price goes down a bit and everybody talking about 3500$, then the price goes up a bit a suddenly we have predictions of 22000$ or more.
None of this is realistic and it's hard to tell where the Bitcoin price next moment will be.
Just the very next day price might go under 8000$ again and to achieve 22000$ or more at this moment sound a bit exaggerated.
Here we are in optimistic phase where optimistic speculators popping up out of nowhere.. it's always happening and nothing wrong but things become more makes no sense whenever the market stuck and that's the turning point for the pessimistic phase turn to show up.

I won't call it bullish / bearish as mostly we've seen that the speculation made based on nothing but FOMO&FUD mixed.

The fact that this kind guesses won't get you anything but a disappointment due people are putting too high expectations in bitcoin ignoring all the data and facts around.

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October 31, 2019, 07:38:16 PM
 #190

I'm hoping that bitcoin can reach 22k this year, and looking at that graph, I have confidence that it can. But reading some other analysis, we can't still confirm it well, and I understand that reason. I also make my own interpretation, but in my calculations, and assume that I will only go to 18 - 20k. But then again it depends on the volume.  Smiley
It's just too early to expect a $22,000 bull run within this year while the current price is not correlating to the price target. I expect that $22,000 or even $20,000 will touch next year but looking at the price trend and speculations it seems that the price is likely to move upward but not this year. We will surely going to see that new ATH of bitcoin next year we just need to HODL a little longer.
Exactly nothing can happen with days we will have to wait patiently for years to get better reward. $22k will maybe happen this year but it’s dream of every investor to reach the target price. Holding is surely an important condition for investing to get huge profit that’s why I am investing and holding but about coin my choice is only Bitcoin.

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November 01, 2019, 02:50:22 PM
 #191

I'm hoping that bitcoin can reach 22k this year, and looking at that graph, I have confidence that it can. But reading some other analysis, we can't still confirm it well, and I understand that reason. I also make my own interpretation, but in my calculations, and assume that I will only go to 18 - 20k. But then again it depends on the volume.  Smiley
It's just too early to expect a $22,000 bull run within this year while the current price is not correlating to the price target. I expect that $22,000 or even $20,000 will touch next year but looking at the price trend and speculations it seems that the price is likely to move upward but not this year. We will surely going to see that new ATH of bitcoin next year we just need to HODL a little longer.
To be very honest, no one can really predict the change accurately. At most, we can just tell that pump or dump is near. Back in 2017, no one or you can say majority was not expecting bitcoin to touch 20k dollars but it did and shocked everyone. We all know soon the market will be rising and bitcoin will be gaining value, it will definitely rise more than you can expect or imagine. Just wait and watch.
Yes, I agree that it's tough to predict what will be the exact value of bitcoin and assuming that bitcoin will reach 20k above this year/ end of the year. Yes, you're right about in 2017 that most ppl don't expect that it will skyrocket at 20k. The market will surely increase, especially some ppl saying that BTC is repeating its history. Smiley
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November 01, 2019, 04:12:33 PM
 #192

Searching across the web. A very interesting Chart has come to my notice. I don't know who has analyzed but it says a lot about the story of bitcoin so far in a very large time frame.




The thing is on one side it is hard to digest this as we have seen a long bear phase and a lot of fake ICOs shit which has almost lifted the trust of people from this cryptocurrency market as whole. However, this analysis couldn't completely be neglected because we all know 0.5 retracements hold a pretty sacred place in every Technical Analysis. Maybe the waves don't count up it can be a correction downwards. But the whole trend line is still.

Disclaimer: This chart is shrinked a little bit to prove the point if you go to trading view you won't find a chart exactly like this one but the highs and lows are all correct. Better see a logarithmic chart for better similarity.
That's very interesting we have all the indicators that we are heading towards another all-time high, halving, China coin, Facebook coin Bakkts nothing could go wrong now and it's only a matter of time, I'm very bullish on this, we've had two years of struggling I hope 2020 is a duplication of what we've achieved in 2017, I've got all the coins that I believe will have their own all-time high too, I hope I can add more.

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November 01, 2019, 09:22:23 PM
 #193

I'm hoping that bitcoin can reach 22k this year, and looking at that graph, I have confidence that it can. But reading some other analysis, we can't still confirm it well, and I understand that reason. I also make my own interpretation, but in my calculations, and assume that I will only go to 18 - 20k. But then again it depends on the volume.  Smiley
It's just too early to expect a $22,000 bull run within this year while the current price is not correlating to the price target. I expect that $22,000 or even $20,000 will touch next year but looking at the price trend and speculations it seems that the price is likely to move upward but not this year. We will surely going to see that new ATH of bitcoin next year we just need to HODL a little longer.
To be very honest, no one can really predict the change accurately. At most, we can just tell that pump or dump is near. Back in 2017, no one or you can say majority was not expecting bitcoin to touch 20k dollars but it did and shocked everyone. We all know soon the market will be rising and bitcoin will be gaining value, it will definitely rise more than you can expect or imagine. Just wait and watch.
Yes, I agree that it's tough to predict what will be the exact value of bitcoin and assuming that bitcoin will reach 20k above this year/ end of the year. Yes, you're right about in 2017 that most ppl don't expect that it will skyrocket at 20k. The market will surely increase, especially some ppl saying that BTC is repeating its history. Smiley
 
  I am also one of those people who think that bitcoin is repeating the history because we can see how firstly the price of the coin is increasing we can hope for really good.  Now a days more investments are being done that is making the demand high and supply lower so I hope till end of 2019 if we can get 20k usd  or $22k dollar.
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November 02, 2019, 03:56:53 PM
 #194

I'm hoping that bitcoin can reach 22k this year, and looking at that graph, I have confidence that it can. But reading some other analysis, we can't still confirm it well, and I understand that reason. I also make my own interpretation, but in my calculations, and assume that I will only go to 18 - 20k. But then again it depends on the volume.  Smiley
It's just too early to expect a $22,000 bull run within this year while the current price is not correlating to the price target. I expect that $22,000 or even $20,000 will touch next year but looking at the price trend and speculations it seems that the price is likely to move upward but not this year. We will surely going to see that new ATH of bitcoin next year we just need to HODL a little longer.
To be very honest, no one can really predict the change accurately. At most, we can just tell that pump or dump is near. Back in 2017, no one or you can say majority was not expecting bitcoin to touch 20k dollars but it did and shocked everyone. We all know soon the market will be rising and bitcoin will be gaining value, it will definitely rise more than you can expect or imagine. Just wait and watch.
Yes, I agree that it's tough to predict what will be the exact value of bitcoin and assuming that bitcoin will reach 20k above this year/ end of the year. Yes, you're right about in 2017 that most ppl don't expect that it will skyrocket at 20k. The market will surely increase, especially some ppl saying that BTC is repeating its history. Smiley
 
  I am also one of those people who think that bitcoin is repeating the history because we can see how firstly the price of the coin is increasing we can hope for really good.  Now a days more investments are being done that is making the demand high and supply lower so I hope till end of 2019 if we can get 20k usd  or $22k dollar.
So now is the last chance for investors to finally grab bitcoin at a low price. Once this dip will over, which is going to happen soon, it would become almost impossible to see bitcoin at its current rate ever again. Bitcoin is just resting at the moment and this currency has the potential to touch 50k dollars. People will think that I am a moon guy but honestly, nobody imagined bitcoin to touch 20k but it did.
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November 03, 2019, 01:30:24 AM
 #195

Now value is $9300 plus and still increasing so we still need a more than 12,700 dollars before we reach the 22,000 dollars valud of the bitcoin. I know must exciting for the bitcoin like that value but it takes time and patient before we see that. For sure many happens again to bitcoin like dumping or challenges that we see before we finally reach like the value of 2017.
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November 03, 2019, 08:21:13 AM
 #196

Now value is $9300 plus and still increasing so we still need a more than 12,700 dollars before we reach the 22,000 dollars valud of the bitcoin. I know must exciting for the bitcoin like that value but it takes time and patient before we see that. For sure many happens again to bitcoin like dumping or challenges that we see before we finally reach like the value of 2017.
For now, bitcoin's price is currently staying to $9,000+ which it didn't increased it's price up to $10,000 since the month of october until today, so i think bitcoin will not reach it's price up to $20,000 or more this year because bitcoin is having problems when it comes to increasing it's price. But i still hope bitcoin would increase it's price again up to $20,000 or more, maybe in the year of 2020 or 2021.
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November 03, 2019, 09:35:01 AM
 #197

by looking at the chart you shared, it motivated me to hold and wait for what will happen next year. indeed there will be no one who can ascertain whether their speculation can come true. but I think your speculation makes sense, nothing is impossible for bitcoin in my opinion. I myself always remember what bitcoin did in 2017. and I always hope that it will happen again next year.

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riso2015
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November 03, 2019, 10:09:22 AM
 #198

Now value is $9300 plus and still increasing so we still need a more than 12,700 dollars before we reach the 22,000 dollars valud of the bitcoin. I know must exciting for the bitcoin like that value but it takes time and patient before we see that. For sure many happens again to bitcoin like dumping or challenges that we see before we finally reach like the value of 2017.
For now, bitcoin's price is currently staying to $9,000+ which it didn't increased it's price up to $10,000 since the month of october until today, so i think bitcoin will not reach it's price up to $20,000 or more this year because bitcoin is having problems when it comes to increasing it's price. But i still hope bitcoin would increase it's price again up to $20,000 or more, maybe in the year of 2020 or 2021.
Of course, that won't happen in this year, but I also predict it will happen in 2021, exactly a year after Halving Bitcoin. Halving's moment has always been the most awaited moment by Crypto lovers because they already feel how in 2017 the price of Bitcoin to the moon.

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November 03, 2019, 10:14:57 AM
 #199

Now value is $9300 plus and still increasing so we still need a more than 12,700 dollars before we reach the 22,000 dollars valud of the bitcoin. I know must exciting for the bitcoin like that value but it takes time and patient before we see that. For sure many happens again to bitcoin like dumping or challenges that we see before we finally reach like the value of 2017.
Still a long way to go. At the very least bitcoin price should be around $10k, and stable at that price. Bitcoin price is kinda hard to reach $10k. But few days ago we've reached that price even for only a few moment. But now the price is around $9k-ish and stays there. With no meaningful increases in price.
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November 04, 2019, 07:49:57 PM
 #200

Sharing my daily time frame technical analysis on Bitcoin.
snip
I'm a little bit bearish on higher time frame, like on daily time frame.
You see those yellow circles? That trendline just continue making more higher highs as we go by.
The only positive I see is the volume. If you see the last yellow circle, the volume was too huge spike compare to previous higher highs.
I am still waiting for monthly closing candle. Tomorrow could be significant for Bitcoin or on the next day.
I am basically seeing the same thing, the price went up that is true but it has not breakout from the bearish pattern we have been seeing now for months, and with the price ranging then this most likely means that any upward pressure we may have had is over and the bears may take control of the market once again, last time we got close to 7k and if panic strikes then we could see prices even lower than that but even if that happens I really think we are getting close to the bottom, so the next time the price goes down it will be a golden opportunity to buy bitcoin.
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