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Author Topic: Can BTC still have any rally before 2020?  (Read 864 times)
Zemomtum (OP)
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October 03, 2019, 11:19:02 AM
 #1

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.

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October 03, 2019, 01:21:12 PM
 #2

I doubt that there will be any sizeable ones.

The market sentiment is low and will likely remain low until near the halving event, which will not be occurring in May. In the meantime, we could see some corrections for sure potentially down to $7k where the support will be tested.

It's very likely that the bull market will coincide with the end of the 2020 CNY, which seems to be what usually happens as capital start freezing up after festivities end. I wouldn't go long on leverage right now with BTC because of the downside risk, but I think it's a matter of time before a recovery occurs.
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October 03, 2019, 02:27:07 PM
 #3

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
I had to chuckle at this statement.  You're looking for fortune tellers or very confident TA people to give their predictions, but anyone's guess is as good as anyone else's.  I don't have any data or charts to back up my opinion, but considering that there are about 3 calendar months left to 2019 I think it's entirely possible to have a rally.  If there were only a few weeks left in the year I'd say it's probably unlikely, but I've learned that anything can happen with bitcoin.

I doubt that there will be any sizeable ones.
Yeah, probably not a rally that would bring bitcoin back to its ATH or anything even close, but it certainly could get back to $10k.  Three months in the bitcoin world is a long time in terms of what could happen with price movements.  If the drop from $13k to $8k was only a selloff, it could very well be that the bull market will resume--but I can't say with a straight face if that's going to happen or not.  My crystal ball is nonfunctional.  In fact it's never been functional.

The market sentiment is low and will likely remain low until near the halving event, which will not be occurring in May.
I'm not so sure about the "low sentiment".  As I said, this could just be a correction in an otherwise strong market.  I also think the halving event is already priced in.

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October 03, 2019, 02:38:16 PM
 #4

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
Actually, we do not know yet if bitcoin will really go up after the year 2019 and I know many of us tend to believe that bitcoin might increase in this last quarter and even me I also believe. The price of bitcoin remains at the price of 8000$+ and maybe after this year, it will stay below the price of 10000$. In fact, the bitcoin halving is one event that they waiting for simply because it may affect the price to pump again and will be the start of the bull run.

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October 03, 2019, 03:36:48 PM
 #5

I think that ship has sailed. If the question is really "can" then yeah sure it can totally go but at the same time can is not the right question to ask when it is about bitcoin, bitcoin can do anything in price movements, it could be 1 thousand dollars tomorrow or it could be 20 thousand dollars tomorrow, both are easily achievable as long as people just sell all their coins or buy as many bitcoin as they can with the fiats they have, however the likely possibility is that it is not going to happen that way.

The right question is not can, no , it will be it gonna have a rally and I think that will not happen, there are too many things that need to go right without any going wrong all at the same time in order to make a rally like that and I am not seeing anything good going on.

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October 03, 2019, 04:03:24 PM
 #6

I bet on one more strong bull run before final halving bull run
I am not agree that halving is already priced
We simply had to strong to fast parabolic movement up
There was not even one day with daily close below 8k
Lets see what will happen.Probably we will retest last low
But rebound will come and we will enjoy higher price at the end of 2019
Of course there is very bearish scenario.If 6 k will break down we can see price below 5 k even
Not so much  is happening now.it looks like accumulation on low level with low volume
Bitcoin need to break to 8500 K on daily

I will be very bearish in any weekly close below 7400 K

 
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October 03, 2019, 04:44:07 PM
 #7

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.

I'm still leaning bullish for a rally in Q4. It's tough to feel that way after half this year's gains were erased but it felt the same way in July 2013. Though there are some signs for caution (like breaking the 200-day and 20-week moving averages) the downside since $14K is still quite normal for a bull market correction in % terms.

Here are a couple analysts who both predicted this bearish correction, and who are both betting on a bullish resolution in 2019:
https://bitcointalk.org/index.php?topic=5140701.msg52563649#msg52563649
https://bitcointalk.org/index.php?topic=5128394.msg51687931#msg51687931

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October 03, 2019, 04:56:47 PM
 #8

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
Yes bitcoin can have a rally to 12-14k once this year. We are currently expriencing 0.5 retracement as per fibonacci from the 14k rally which we previously made and if this is wave 2 then wave 3 could possibly be higher much higher than the previous wave but for this remaining year I think we would only be able to see it until 14k.
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October 03, 2019, 05:09:59 PM
 #9

I'm fairly confident in some sort of a rally, but the thing is that what price level will we start at, and where will we peak out. I mean, we could also rally from $5k to $8k and then fall back down (just an example calm down).

In most cases, Bitcoin tends to go up a lot within a short period of time, while after that there could be a very long cycle of sideways consolidation. I think we've had the gains for this year and no longer break the $10k mark.

Of course, that's a very unpopular opinion, but what do people expect with the price hovering under the 200DMA. By definition, that's more bearish than bullish, so don't expect anything until we close above it.

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October 03, 2019, 05:14:09 PM
 #10

It looks like not possible. But history showing Bitcoin Always had a good run in the last 4 months of every year. Except for the year 2018 when everyone was looking for a bull, the run market delivered the opposite. So the Market can go in any way which mostly depends on Big players. When Small fishes start shorting Bitcoin price will go up and when you keep asking for the Bull Run market will crash.

We need very good news before BTC halving to start the rally. Currently, 12.5BTC for every block is too much in my opinion. Big miners dumping these BTC every day and the market is having a tough time to pull up the price.

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October 03, 2019, 05:48:24 PM
 #11

I am not seeing any big movement for Bitcoin at the moment and the possibility that I see that may happen could be in the year 2020 when we are in the midst of the Halving and that will be the third time for Bitcoin and can be on 2020. But  I don't know what is the exact date for it.

But it will happen and that event can sure testify another ATH for Bitcoin after the Halving Bitcoin could hit a possible $90,000 USD said by top banks in Germany, Or wishful thinking of $400,000 USD said by another article, But before 2020 movement is very tight indeed, But the indication of after a Halving will be a new All-time high for Bitcoin.
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October 03, 2019, 06:04:02 PM
 #12

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
I would say all of those predictions have equal validity, and I say this because anything can happen come December and next year.  Bitcoin wont hit $13,000 by years' end, I'm nearly sure of it but there could be some kind of rally.  You've probably seen the last few years of bitcoin's performance first hand since you're a full member here, so I'm sure you realize how crazy the price can move.  While I wouldn't wager a guess where its going to be in 2 months, my feeling is that it will be higher than it is now.  I'm hoping.

Big miners dumping these BTC every day and the market is having a tough time to pull up the price.
Don't know if the miners are affecting the price through their selling, but there could be some truth to that.  I feel that buying has just slowed down and there are probably a lot of traders who made huge profits when bitcoin exploded this year.  They probably sold it for fiat and I dont blame them.
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October 03, 2019, 08:42:27 PM
 #13


Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.

I believe in this scenario:

some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

in 2017 I listened to a lot of people talk about bitcoin, a lot of people were buying bitcoin (fresh money was coming in) ... so the price has gone up a lot, currently I highly doubt that a lot of fresh money is coming in. why I doubt that a lot of fresh money coming into the crypto market? because I look in the forum and elsewhere and I don't see that they will buy a lot of bitcoins using their debit cards, I may be wrong. But my guess is that from January 2018 to today the price goes up considerably because people sell their altcoins to buy bitcoin and there are few people who are buying bitcoin using their debit cards.




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October 03, 2019, 09:24:22 PM
 #14

some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

I share this sentiment about the market right now. Although I think we may not get as low as $7000 and the value might actually surpass $10000, buy I doubt it'd go far beyond that, probably as high as $12k. But we may not see an extended bull run for the rest of the year.

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October 03, 2019, 10:14:46 PM
 #15

I am thinking that Black Friday and Cyber Monday sale that is happening this last quarter of 2019 might at least give Bitcoin a little boost for the remaining months of 2019. Same with the demand that it will have in buying gifts in the holiday season which is December. There are online sites out there that might run an exclusive sale for those who will use Bitcoin to buy items online. Cyber Monday falls on December 2 for this year.
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October 03, 2019, 10:16:41 PM
 #16

Although I think we may not get as low as $7000 and the value might actually surpass $10000, buy I doubt it'd go far beyond that, probably as high as $12k. But we may not see an extended bull run for the rest of the year.

$7000 is legit one dump away. It's the next support barrier I see will prove to be holding strong for while, but depending on how much ammo sellers still have, we might be heading even lower than that. In terms of percentages, I would say 25% chance of a +$9000 visit and 75% chance of a low $7000 visit.

$12,000 is wishful thinking at this point with how moving averages are pointing down and will form a major burden to more short term price growth. Any move above $10,000 will change the market dynamics for the better, and I'm not sure how willing bears are to allow that to happen. They'll prevent that from happening well before bulls start to get excited about a trend reversal.

My most optimistic call is to not drop lower than $6000 this year. Don't underestimate how most people think when it comes to assets that go down; they usually don't touch anything that goes down.
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October 03, 2019, 10:55:48 PM
 #17

It can rise into 2020 sure but I think a rise next year is more likely, main markets themselves are more challenged at the moment and I think BTC is an expansionary member of the market rather then gaining in the fear withdrawal type phase to markets.    People on leverage in their accounts will close out many positions including Bitcoin even though crypto might be fine in theory, those who speculate with leverage do have involvement here and we will likely need to lose more of those people before we can say the selling is over for this season.

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October 03, 2019, 11:30:22 PM
 #18

I am thinking that Black Friday and Cyber Monday sale that is happening this last quarter of 2019 might at least give Bitcoin a little boost for the remaining months of 2019. Same with the demand that it will have in buying gifts in the holiday season which is December. There are online sites out there that might run an exclusive sale for those who will use Bitcoin to buy items online. Cyber Monday falls on December 2 for this year.
Maybe that could trigger the price move over the last month of the year. Everytime the end days used to show good signs of growth, but this isn't a promised rule. Most of the time here it gets initiated and continues through the new year. More chances for the price to reach $15000, but it all depends upon the speculations and the game played by the whales.

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October 03, 2019, 11:44:12 PM
 #19

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

That rise to $13,000 was unexpected in my opinion and it's pretty obvious that there's a lot of FOMO that time and put the market in oversold position. So obviously, we did trade sideways after reaching that price and then follow by the sudden flash crash.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.

Of course who wouldn't want the price to go $13,000-$14,000, however, I wouldn't put too much expectations though, the bakkt launched was supposedly the new catalyst, but the opposite did happen. So I would just advise not to set any more belief that something might happen big at the end of 2019. Perhaps a good 5 digit price would be a enough, IMHO.

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October 04, 2019, 07:06:11 AM
 #20

Anything is possible in the cryptocurrency market, a return of $ 14,000 at the end of the year is entirely possible. I personally think that Bitcoin will cost $ 12,000 by the end of 2019.


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October 04, 2019, 08:26:20 AM
 #21

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.
10k usd is more than enough for me comparing to what we had last year,I think what we need now is acceptance that whatever we want bitcoin must yet that’s far from impossible
Quote

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
Even Nostradamus and David copperfield can’t assure you since it’s more speculation than reality ,you know what’s better?just follow the trend and invest smaller as the market shows not that positive for now

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October 04, 2019, 08:46:55 AM
 #22

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.

Yes, of course it is possible. Welcome to the world of cryptocurrency, were wild rallies appear, sometimes with a legit reason behind and sometiems without a reason at all! Personally, I feel things will hover around 8k-10k for sometime more, maybe till mid 2020 but that's just a feeling! Time will tell!
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October 04, 2019, 08:49:13 AM
 #23

No proof to this prediction you have quoted.
Although, I believe we are going to see a new ATH after halving but as for $90,000 for next year, I'm not sure that will happen.

This is the "prediction" he was referring to:

The most intriguing question, of course, is what the future will bring. What is certain is that
Bitcoin’s stock-to-flow ratio will increase drastically in May 2020 - i.e. after the next halving
- from around 25.8 at the moment to almost 53. By contrast, gold’s stock-to-flow ratio
(currently in the vicinity of 58) will only be insignificantly (if at all) higher next May. If the
May 2020 stock-to-flow ratio for Bitcoin is factored into the model, a vertiginous price of
around USD 90,000 emerges. This would imply that the forthcoming halving effect has
hardly been priced into the current Bitcoin price of approximately USD 8,000 (the current
model value is roughly USD 7,500).

It revolves around Bitcoin's stock-to-flow ratio, and how it will have almost caught up with gold's after the 2020 halving (and how it will eclipse everything else at the subsequent one). It's not as much a prediction as just plugging in a variable in an equation which assumes all other factors will remain the same.

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October 04, 2019, 12:17:05 PM
 #24


No proof to this prediction you have quoted.
Although, I believe we are going to see a new ATH after halving but as for $90,000 for next year, I'm not sure that will happen.



I have just shared what I have red on that article, everything is possible with Bitcoin and even though the $90,000 USD is not possible for 2020 the future is definitely a possibility for that price, And because of the Halving event I think the chance are surely double.


I think $90,000 is just too much for a prediction price next year because I still can't see the valid point even if the Bitcoin halving happens. We are all giving our own speculated price based on the market sentiment which is the only reliable thing to do.

Everything is possible for Bitcoin if we believe in it, And like I said I have read it in an article and just shared their opinion on the matter of the Halving and what is a possible movement for Bitcoin.
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October 04, 2019, 12:47:24 PM
 #25

I dont have the back up factss but I am sure about the conservative prices.
Yes 7k may be deep but that could its last price down.
We are done with 6k and we went up that way inn a slow trend.
I dont think there will be any correction for it is a real fluctuation unlike 2017 to 2018.

12k might be the max though for the price didnt go there in an instant too. What happened was a crawl.

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October 04, 2019, 04:03:59 PM
 #26

...l, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

That is not conservative position, but most realistic. Conservative would be to drop to $6000 or even lower.  If you mean to get close to $20000 with a rally, there is almost no chances for that. Similar chances as to drop below $6000. Price will stay where it is until the end of year. Happy sideways everyone!
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October 04, 2019, 04:22:38 PM
 #27

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.

despite the recent price crash  ,I believe that bitcoin price will not drop below a 6.000$ mark this year
the price range of 7.000-10.000$ is the one I'd put my money on
2019 was an up and down year , mostly up - we saw the price drop as low as 3.200$ at some point, then we witnessed a 13.000$ high
while BAKKT was somewhat disappointing in terms of moving the market forward , there is potential to see a bulls run by the end of the year
current 8.200 price can lead to many different scenarios , while many analysts predict a further drop , I am sure many will depend on big players deciding to buy or sell coins
they are moving the market up and down , not the news , FOMO or panic

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October 04, 2019, 05:01:07 PM
 #28

There is no one that can determine the movement of the btc price this year because the price determinants have changed from technical to fundamental.
Btc price now react to news from major countries that are key players e.g US, China etc and some big corporations.

The price will relatively increase if there are favourable news from such big countries and companies.
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October 04, 2019, 05:45:23 PM
 #29

If there is one thing I have learned since I first read about crypto is that a rally is only a day away lol.  No seriously there is no timetable on "not enough time".  A rally could start tomorrow and we can be over 15-20k within a month or 2.  Have seen it before no reason to doubt it cant happen again.

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October 04, 2019, 05:55:40 PM
 #30

$12,000 is wishful thinking at this point with how moving averages are pointing down and will form a major burden to more short term price growth. Any move above $10,000 will change the market dynamics for the better, and I'm not sure how willing bears are to allow that to happen. They'll prevent that from happening well before bulls start to get excited about a trend reversal.

I personally viewed the drops in price as a major correction rather than a price dump. And I share the opinion that the direction of the market could change very quickly.
A $12k value before the new year may be improbable, and an optimistic approach. But most of the price rallies have caught me and also the 'bears' off guard.

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October 04, 2019, 06:11:33 PM
 #31

To my opinion that is not very likely. There is not much time left and we would need continuous, fast growth for which currently I don't see environment on.the market.
Last rally we had when Bitcoin price reached 13000$ was kind of surprise and it didn't last. Maybe there is the chance to come to 12000$ but that is max we might expect.

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October 04, 2019, 07:48:17 PM
 #32

To my opinion that is not very likely. There is not much time left and we would need continuous, fast growth for which currently I don't see environment on.the market.
Last rally we had when Bitcoin price reached 13000$ was kind of surprise and it didn't last. Maybe there is the chance to come to 12000$ but that is max we might expect.

Each rally comes fast and hard.  1k to 20k happened real quick and all throughout heard about corrections that would stop the rally.  Technical analysis really doesnt work well in crypto, best bet is to hold long and strong, rally's happen faster than people realize.  It's been that way from the beginning and dont see any change in site

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October 04, 2019, 08:06:00 PM
 #33

Yes it is just a correction and we are still positive on the year and noone should be especially glum about the BTC recovery this year.    I said the same when people moaned about 10,000 as its such an amazing price from a long term point of view.    

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it's pretty obvious that there's a lot of FOMO that time and put the market in oversold position.

Momentum built, price doubles and it gets alot of attention and we got overbought there hence a correction now is good, expected, healthy and the right thing for an open competetive market to do.   Anyone long term should be happy the market adjusts both up and down, its like circulating blood flow and if we dont get a good route on both possibilities it damages the health of Bitcoin I think and obstructs distribution and in the end proper usage for the blockchain which is not about speculation and exchange orders.

  I feel like we got our head in the clouds right now, I dont have a clear perspective for direction but I think this price level is just fine for this year.   I've got no clear indication for strength so far which makes me think we achieve no higher high in 2019.

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Technical analysis really doesnt work well in crypto
TA is about humans and natural phenomena, its just a range of possibilities reflected from a chart of historic prices.   We could be talking marbles or beanie babies and TA still could give some aid to how humans bid prices over time.

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October 04, 2019, 10:38:00 PM
 #34

In cryptocurrency price could increase or decrease, this alone should be one of the compelling reason that a price of 14k is possible before this year runs out.
Though, a random high price rally which pumps the price to a very high price is not encouraging because of the health of the market.
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October 05, 2019, 02:44:16 AM
 #35

In cryptocurrency price could increase or decrease, this alone should be one of the compelling reason that a price of 14k is possible before this year runs out.
Though, a random high price rally which pumps the price to a very high price is not encouraging because of the health of the market.


It's a little bit confusing how that $14k price will become possible before 2019 will end. The market has not showing some possible trend, as it was stabilizing at current rate of $8k with a little fluctuations. Before 2020, it's very important to prepare all the assets you have rather than dumping it just for an easy profit.

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October 05, 2019, 12:09:27 PM
 #36

In cryptocurrency price could increase or decrease, this alone should be one of the compelling reason that a price of 14k is possible before this year runs out.
Though, a random high price rally which pumps the price to a very high price is not encouraging because of the health of the market.


It's a little bit confusing how that $14k price will become possible before 2019 will end. The market has not showing some possible trend, as it was stabilizing at current rate of $8k with a little fluctuations. Before 2020, it's very important to prepare all the assets you have rather than dumping it just for an easy profit.

history has shown that there is no need for something extraordinary to happen for the price to go through the roof
at least there are no clear cause -effect connections and none can predict it reliably
I won't be shocked if it hits 14.000$ , it is highly unlikely though
be happy the price is not 3.000$ as it was earlier this year , we tend to forget things very quickly

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October 05, 2019, 12:55:49 PM
 #37

In cryptocurrency price could increase or decrease, this alone should be one of the compelling reason that a price of 14k is possible before this year runs out.
Though, a random high price rally which pumps the price to a very high price is not encouraging because of the health of the market.


It's a little bit confusing how that $14k price will become possible before 2019 will end. The market has not showing some possible trend, as it was stabilizing at current rate of $8k with a little fluctuations. Before 2020, it's very important to prepare all the assets you have rather than dumping it just for an easy profit.

Maybe we can't feel it for now but there's still 2 months to come and many things will happen on it and remember halving is coming so expect that green scenario on altcoins will come since many people will look on positive ways on that scenario. But I don't expect on that price since provably we can reach at near $10k - $12k at the end of this year and that would be a good sign to come if it will happen since it will be an early sign for us that we will have a great rally coming.

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October 05, 2019, 04:55:59 PM
 #38

2020 is just waaaaay too soon for that to happen. We should wait a bit more, I am guessing one more year would make a huge difference, think about what would happen until next October for example. We are going to go over all the SEC stuff, all the halving stuff, and a ton of time as well which is really making the biggest difference here.

By this time next year, the halving would be in full affect and the price would finally start to realize that after people sold all the excess ones. I think the stock to flow ratio will not be put into affect right at the first moments, however I think price would be affected a bit earlier as well. Like maybe a month before the halving or so. That is why I think we should definitely wait around longer than 2020, the year 2021 will be bitcoins year!
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October 05, 2019, 08:53:21 PM
 #39

Looks like many people are frustrated with current price action.Look back to March.If March 2019 somebody will told you that at begin of October bitcoin price will be 8K then i think most of will agree that it will be great
And remember how frustrated people have been March 2019 and look how long time that accumulation period was
It was three months or 4 moths.For sure one day one moment bitcoin will move up very strongly and it will be very impulsive movement

 
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October 06, 2019, 12:17:06 AM
 #40

Looks like many people are frustrated with current price action.Look back to March.If March 2019 somebody will told you that at begin of October bitcoin price will be 8K then i think most of will agree that it will be great
And remember how frustrated people have been March 2019 and look how long time that accumulation period was
It was three months or 4 moths.For sure one day one moment bitcoin will move up very strongly and it will be very impulsive movement

I agree with you, once the price gets rocking again it's like the downhill snowball effect.  The major push is when the media starts talking about the price rises.  Then it seems that kicks off peoes fear of missing the next bitcoin run, that's the speculative part that doesnt need a rally to double in a short amount of time

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October 06, 2019, 01:14:16 AM
 #41

Stability and growth for Bitcoin in the future requires adoption as a true currency that can be useful for the masses as a real purchasing tool. Not just a thing you can use on some websites. The Bitcoin Blockchain, secured by the Bitcoin network, is probably the most immutable thing ever created by humankind. Ask yourself whether more and more people might find that immutability to be a useful property, and might start building more and more things that depend on that property. Then what was merely useful becomes indispensable. Ask yourself how much BTC, given its scarcity, might be worth in that scenario. but people are now more cynical, and less certain, about the success of projects just because they're Blockchain. i don't see any chance for a rally before 2020.
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October 06, 2019, 06:01:58 AM
 #42

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
the pros and cons will continue to exist in this issue. To date, I support the scenario that the price of bitcoin can reach more than $ 10,000 this year. that is due to some news that supports the development of bitcoin in the coming year. besides that, there will always be FUD that tries to make people panic. even some speculation from them it up to the level of $ 3000. I think that's too far.

For information, daily analysis today says that if the price of bitcoin recovers, it is most likely close to the level of $ 9000, whereas if something bad happens, it is likely that the price of bitcoin will drop to the level of $ 7700. Well, even that is still close to the level of $ 10,000. I am still quite optimistic about this.

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October 06, 2019, 08:17:38 AM
 #43

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
What am I sure at is that nobody knows when bitcoin will pump or what price it would have in the future. Due to the natural characteristic of bitcoin and the market that is why there's no way we can predict it, the best to deal with these things is we ought to be observant of the flow of the market and do some technical analysis yourself. Besides, a $14,000 price seems not feasible for this year due to the fact that we only have seen a bare movement from bitcoin.

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October 06, 2019, 09:51:27 AM
 #44

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
What am I sure at is that nobody knows when bitcoin will pump or what price it would have in the future. Due to the natural characteristic of bitcoin and the market that is why there's no way we can predict it, the best to deal with these things is we ought to be observant of the flow of the market and do some technical analysis yourself. Besides, a $14,000 price seems not feasible for this year due to the fact that we only have seen a bare movement from bitcoin.
Right now it is quite uncertain to predict the BTC value since as per the current market scenario it would be very hard to conclude about the next pump. Bitcoin is such a volatile currency that any time it can go anywhere but the present situations are making it difficult to reach 14k$ before 2020. The price is still loitering around 8k$ with the little ongoing fluctuations so, a good 5 digit value seems quite challenging to achieve for it...

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October 06, 2019, 10:21:21 AM
 #45

The weird thing is, I remember bitcoin price going up during may of 2017 and a bit after and then it went down during September and it went up again in November a bit to then go up huge in December. I am not saying same thing will happen, I am just saying for people who think bitcoin will not go up and it can't go up, it did go up in the same exact scenario before, so even if it doesn't go up there is at least a proof that it could have, it can obviously not go up as well we don't know but even if it doesn't go up in the end that doesn't mean it couldn't have gone up neither.

The possibility of anything is out there, it could stay like this, it could go down, it could go up, we have seen all kinds of scenarios play out before and that is why I think we should be patient about it.

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October 06, 2019, 10:26:24 AM
 #46

Can it? Sure. Will it? Most definitely.

The problem with such a rally is the political turmoil between US, China, North Korea and UK. People were / are worried about how pathetic Trump is. Just wait till you see how pathetic (and dangerous) Borris is. And the nuclear de-escalation talks between US and North Korea means that the region could face a tumultuous situation like Libya faced during the Gadaffi years.

It seems like, with every passing day, more and more shit leaders are gaining power around the world. Things like this is not good for the global economy, let alone cryptos or Bitcoin.


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October 06, 2019, 10:29:58 AM
 #47

i think there is not enough circumstances for running new ATHs long rallyies. in 2017 ATHs there were some major factors affect bitcoin prices. in my opinion binance is the first one from that factors. also printed millions of tether gave a force to that ath. but Q4 raising is nearly a tradition for cryptocurrencies. the trend should be upper.
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October 06, 2019, 10:38:14 AM
 #48

i think there is not enough circumstances for running new ATHs long rallyies. in 2017 ATHs there were some major factors affect bitcoin prices. in my opinion binance is the first one from that factors. also printed millions of tether gave a force to that ath. but Q4 raising is nearly a tradition for cryptocurrencies. the trend should be upper.

I'm sure you encounter the halving on your 2017 right? And it bring an outrageous effect on bitcoins together with altcoins since many of them reach there historical ATH and provably on year 2020 halving we can experience it again, you can read the halving history here https://medium.com/fitzner-blockchain-consulting/bitcoin-halving-price-effects-and-historical-relevance-b63458216d97 and see for yourself the relevance and possibilities og big price rallies coming on year 2020.

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October 06, 2019, 10:44:10 AM
 #49

i am changing yesterday my think . and i bought at 8000 per btc because i am sure that bitcoin has other trend too and it can rise before 2020 and at any moment
i remember last year when every one sell and in the end we are not able to buy at cheap price
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October 06, 2019, 12:43:49 PM
 #50

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
Many speculations and too much to anticipate all but what captures my attention is someone who says we might fall down to $6k this October and May recover before December
And upon checking his past post history I found some of his prediction is always closer to what the market goes the time he predicted so I think yes we have a rally before 2020
Maybe not big like last 2017 but atleast not lower than 2018 so keep holding and coming guys we are now in 4th quarter and many things happens this season from the past









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October 06, 2019, 02:09:05 PM
 #51

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
Many speculations and too much to anticipate all but what captures my attention is someone who says we might fall down to $6k this October and May recover before December
And upon checking his past post history I found some of his prediction is always closer to what the market goes the time he predicted so I think yes we have a rally before 2020
Maybe not big like last 2017 but atleast not lower than 2018 so keep holding and coming guys we are now in 4th quarter and many things happens this season from the past
I think that October forecast of 6k is correct. Looking at the current scenario there is definitely a wave down pending to come and it can come anytime until the end of the month while talking about the bull run I think we are in this 10k flux for atleast a year more. It's not actually a specualtion but a TA guided idea after studying analysis of many big traders around tradingview all of them are certain regarding two things one is 6k level is coming soon as that is the downward line of the descending parallel channel and second is the bull run of 2020 because after that one leg down we will come above to break the parallel channel and such a push upwards could drive us to something like 17k. We are in a re accumulation sort of phase as of now.
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October 06, 2019, 02:44:12 PM
 #52

Looks like many people are frustrated with current price action.Look back to March.If March 2019 somebody will told you that at begin of October bitcoin price will be 8K then i think most of will agree that it will be great
And remember how frustrated people have been March 2019 and look how long time that accumulation period was
It was three months or 4 moths.For sure one day one moment bitcoin will move up very strongly and it will be very impulsive movement

People were happy when bitcoin was moving from 3000 to 13000$ earlier this year and they wanted it to move in the same direction. But this cannot happen. Now that bitcoin started dump and there are some speculation in the market that it may dump down to 6000$ again. People have been waiting for 1.5 years for another bull run and this dump again made people sad.

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October 06, 2019, 02:48:19 PM
 #53

...snipped...
Many speculations and too much to anticipate all but what captures my attention is someone who says we might fall down to $6k this October and May recover before December
And upon checking his past post history I found some of his prediction is always closer to what the market goes the time he predicted so I think yes we have a rally before 2020
Maybe not big like last 2017 but atleast not lower than 2018 so keep holding and coming guys we are now in 4th quarter and many things happens this season from the past
I think that October forecast of 6k is correct. Looking at the current scenario there is definitely a wave down pending to come and it can come anytime until the end of the month while talking about the bull run I think we are in this 10k flux for atleast a year more. It's not actually a specualtion but a TA guided idea after studying analysis of many big traders around tradingview all of them are certain regarding two things one is 6k level is coming soon as that is the downward line of the descending parallel channel and second is the bull run of 2020 because after that one leg down we will come above to break the parallel channel and such a push upwards could drive us to something like 17k. We are in a re accumulation sort of phase as of now.
Hopefully, we can make a big run not only for October but for this year.  
Looking at the chart today, it sounds like the Bitcoin never looks positive as we could make another peak this month. The market still don't have a strong resistance to pull prices upward.  Making it straight, $10,500 is big enough that Bitcoin can reach before we end up this month. And I don't think such bull run meant visible for now, it is quite difficult to see again.

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October 06, 2019, 10:57:05 PM
 #54

Now that bitcoin started dump and there are some speculation in the market that it may dump down to 6000$ again. People have been waiting for 1.5 years for another bull run and this dump again made people sad.
I think the people being sad are those who don't belong here, not long term hodl wise, and not trading wise.... shorting a bear market shouldn't be that different from longing a bull market.

Another aspect of a bear market is that it provides people a cheaper entry point, either to start off freshly, or to lower their average buying price if they bought in much higher. In other words, there are many benefits to a bear market.

As for the price going to $6k, who knows, but it will turn out to be a very important level with how it provided a lot of support last year before it broke to $3k. If it breaks again, things will turn ugly real fast.

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October 07, 2019, 04:10:20 AM
 #55

I think btc is now exhausted after it's great rally for almost about 4 months and we might need to wait for a year for it to happen again. Investors might back away for a bit because of the outcome of Bakkt launching and everyone has been joking about the amount of investments that has entered in its circulation. To be honest, I a much more worried about altseason because I am sure btc will be okay no matter what so I hope it should be altcoins that will pump.
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October 07, 2019, 04:33:11 AM
 #56

That thing cannot be often predicted for 2020, we will have to wait what's coming next for now. Previous months went so hard to speak, and it was really disappointing to see while market slows down. Demand was totally breaking and panic sellers eventually increased in numbers.
The panic sellers is the problem in the market but we cannot blame them to sell and the loss will be on their wallet but I’m confident that we can still have a good run this last quarter just like the previous years we will see a great game changer. The disappointment that we have right now will fade away onces the bull pump begins, it will take time though.

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October 07, 2019, 06:36:22 AM
 #57

The panic sellers is the problem in the market but we cannot blame them to sell and the loss will be on their wallet but I’m confident that we can still have a good run this last quarter just like the previous years we will see a great game changer.
The problem with the panic sellers is that everyone look to make profit in the short term, bitcoin is not a magic wand to make money without much sweat. Just like any other financial market you need to have patience and never to sell off when you see the market dropping, the difference between the rest of the financial sector is that here we see big volatility than any other market and new investors get panicked seeing those volatility. Understand these basic and invest for the long term and everything will be fine.
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October 07, 2019, 06:51:28 AM
 #58

Don' t think we'll see BTC over or below the price ranges of 7,000 to 13,000 unless we see some huge movements from whales or the halving event occurs (which I expect BTC to go 1.7x).

Then again, who really know how to predict the price of BTC. It's impossible to do such a thing and we shouldn't believe what people predict.

2020 is going to be fun for crypto, I wonder what new companies are going to take it in.

Smiley
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October 07, 2019, 02:55:41 PM
 #59

I think btc is now exhausted after it's great rally for almost about 4 months and we might need to wait for a year for it to happen again. Investors might back away for a bit because of the outcome of Bakkt launching and everyone has been joking about the amount of investments that has entered in its circulation. To be honest, I a much more worried about altseason because I am sure btc will be okay no matter what so I hope it should be altcoins that will pump.
I don't think bitcoin is exhausted, it's just there isn't a strong reason for the price of bitcoin to reach ATH. The rally stalled because many people started selling in very large and sustainable quantities. but I agree with you that there is nothing to worry about bitcoin, bitcoin will definitely find a rally again next year. Don't worry when the bitcoin rally starts again, altseason will definitely also start.
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October 07, 2019, 03:08:01 PM
 #60

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
No one can assure you that any of those scenarios are going to happen, the best we can do is to speculate and see how the market moves each day and adjust our predictions accordingly, but as of right now the theory that holds more weight is the second, the price of bitcoin is not showing any signs that a great recovery is coming or anything like it, the volume is going down, the interest of investors is going down and the halving is still months away so for the time being the positive movement of bitcoin is over.
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October 07, 2019, 04:41:54 PM
 #61

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
No one can give out that illustration that you had asking for but at least you can see countless charts that being given by traders and its no surprising thing that they would really have different sentiments plus having their own insights and beliefs on where would the prices will possibly go.One fact here is that no one can predict nor do have that precise
charting or analysis when it comes to price.For now theres nothing we can do but to wait up because it can break out anytime on we least expecting on it.Rally? No one knows if it would happen but i would rather prefer on seeing the price to increase on a gradual slow phase than having on a big spike.

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October 09, 2019, 07:04:47 AM
 #62

The good thing about bitcoin is that we see the increases and decreases stop, and when it stops it means the price won't be changing too much anytime soon, it could still have small movements but when there is a huge movement and it stops that means there won't be too much of a big change anytime soon, just daily spread movements.

We have seen bitcoin go up couple months ago, then it didn't do much change so it went down, same happened now that price moved down and it stopped, so I assume we will see an increase sometime soon, we just have to be patient. I feel like if it were to go down even more it would have already, since it didn't then it means we are preparing for going up again. Bitcoin proved time and time again that it could go above $10k so people are buying from here and will wait until its over $10k again.
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October 09, 2019, 07:10:34 AM
 #63

I think btc is now exhausted after it's great rally for almost about 4 months and we might need to wait for a year for it to happen again. Investors might back away for a bit because of the outcome of Bakkt launching and everyone has been joking about the amount of investments that has entered in its circulation. To be honest, I a much more worried about altseason because I am sure btc will be okay no matter what so I hope it should be altcoins that will pump.
I don't think bitcoin is exhausted, it's just there isn't a strong reason for the price of bitcoin to reach ATH. The rally stalled because many people started selling in very large and sustainable quantities. but I agree with you that there is nothing to worry about bitcoin, bitcoin will definitely find a rally again next year. Don't worry when the bitcoin rally starts again, altseason will definitely also start.
No it's not, it's just a matter of time before new waves of investors to join in and invest new money to flow around the market. Newcomers that will entrust their money to follow this industry can create good strong barrier to slowly achieved the rally that we are hoping to see. We can continue to buy little by little while the value still cheap, looking for long-term investment to earn more.
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October 11, 2019, 04:04:33 PM
 #64

although lately the market sentiment can be said to be low, but no one will be able to know for sure until the end of this year the price of bitcoin will rise sharply or decrease dramatically again, because to reach the end of 2019 we still have about 3 more months, and there is a possibility that in the next few weeks there will be surprises about the price of bitcoin, whether there will be a next rally or decline again.

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October 13, 2019, 07:25:12 AM
 #65

I think can still rally, but I have an instinct that bull run can never be the same level as before. I'm well aware of the technical analysis and looking at the chart it's quite a miracle if this could reached $15k level. Lots of predictions have been seen but I can't say that they were right though they are big names in the industry. But I'm still positive that if not this year, 2020 will be the prosperous year for cryptocurrency.

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October 13, 2019, 08:44:20 AM
 #66

although lately the market sentiment can be said to be low, but no one will be able to know for sure until the end of this year the price of bitcoin will rise sharply or decrease dramatically again, because to reach the end of 2019 we still have about 3 more months, and there is a possibility that in the next few weeks there will be surprises about the price of bitcoin, whether there will be a next rally or decline again.
As we are in the last Q3 of the year, I know that there will be lots of positive surprises in bitcoin, even if we have some people that thinks bitcoin will go down low to 4k to 3k trend, but I don't want to listen to this and want to be very optimistic that there is going to be further trend being broken, because in the history of bitcoin, I don’t think that it has ever had a value that is not greater than the previous year.

Bitcoin this end of the year will really be greater than the past which will surely set a standard for next year, so come 2020, yes there will surely be rally of bitcoin, and it will start from this year even if it is in 3 months’ time, bitcoin needs only few minutes or hours to start the rally and within this remaining 3 months, the hour and time will surely come.
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October 14, 2019, 04:37:12 AM
 #67

I think can still rally, but I have an instinct that bull run can never be the same level as before. I'm well aware of the technical analysis and looking at the chart it's quite a miracle if this could reached $15k level. Lots of predictions have been seen but I can't say that they were right though they are big names in the industry. But I'm still positive that if not this year, 2020 will be the prosperous year for cryptocurrency.
some people are optimistic about the development of things that will happen, and some people are not optimistic. maybe this year the price of bitcoin won't reach $ 15,000. however, there is a possibility that the price of bitcoin can exceed $ 10000, and I am pretty sure.

until now, the price of bitcoin is still trying to reach $ 8700. even though it's not right now, we still have 2 months left. I'm sure this year the price of bitcoin can pass the price of $ 10,000.

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October 14, 2019, 04:40:45 AM
 #68

It'll need something pretty big for there to be another price climb before 2020, BTC has been pretty stable the last couple of months with it hovering around the 8k mark most of the time and unless we see movement from whales or a huge annoucment, it'll be pretty boring.

Lots of optimistic predictions have been made, but I'd rather recommend you to keep a calm head and not expect too much out of BTC.

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October 14, 2019, 11:04:58 AM
 #69

The halving of bitcoin is major event in 2020 every crypto enthusiast looks forward to a massive rally all thing being equal historically price of bitcoin pumps with fundamental events there is also the news of SEC approval of Bakkt another rallying point in next couple of months, its very obvious before the end of the year the price might break all time high of $14K the year. In a nutshell 2020 will gonna be an interesting year for bitcoin price-wise.

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October 14, 2019, 12:06:49 PM
 #70

I'm very bullish that it will happen soon and right now bitcoin is still recovering from its loss. And i think we can take advantage of the market while its on dip and only take your position in a smart way.

And surely, Altcoins will follow up if the market keeps on rising up high.
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October 14, 2019, 01:35:18 PM
 #71

Why not???
there are still 3 months before 2020 and bitcoin can rally in a span of 3 months if there is a trigger.
what should be known is that no one really knows where bitcoin will go.
if anyone knows for sure yes it comes from the future.
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October 14, 2019, 02:01:48 PM
 #72

Right now Bitcoin is trying to have an organic growth. Price is being decided by the demand as there is not much manipulation at this point. A rally will be expected only if price breaches the $12k point which is less likely the case right now as bears have edge over the market right now. I doubt there will be a rally in 2 months as technical are not supporting it. There is a more chance of bearish cycle and price touching a price range of $4k-$5k.
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October 14, 2019, 02:36:51 PM
 #73

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
Anything and everything is possible, but I am more inclined to say that we will have a good price before the end of the year in preparation for the coming halving that's going to happen May next year, history tells us that halving always have a positive effect on the price of Bitcoin and we are hoping that this time we can prove this again.


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October 14, 2019, 07:00:58 PM
 #74

People do say bitcoin will go down all the time but looking at how bitcoin hasn't moved down yet and even went up a little, all the people that say bitcoin will go down are obviously people who do not have bitcoin to sell. If all these people who said bitcoin is going down had money or at least collectively had any money they would have sold their coins and the price would actually go down, that is how the market works right? People think it will go down, so they sell, because they sell the price goes down.

Since, many and I mean MANY people said it will go down but it didn't that means we are looking at either speculators who want it to go down so they can buy cheap or idiots who have no money and just trying to act like they know better than others.

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October 14, 2019, 10:41:13 PM
 #75

I'm very bullish that it will happen soon and right now bitcoin is still recovering from its loss. And i think we can take advantage of the market while its on dip and only take your position in a smart way.

And surely, Altcoins will follow up if the market keeps on rising up high.
There is more possible chances for a uptrend. When we look at the price drop that happened from $10500, now this could've reached low to $6000. The price gained good resistance at the price above $8000. This made it get recovered even when it fell low to $8000. With all these recent market changes there is more positive signs for growth than dropping down.

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rahmatullah9305
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October 15, 2019, 01:58:37 PM
 #76

Although almost all predictions are rooted in mere speculation in the world of crypto, some of them come from fairly complex quantitative prediction methods. From research and modeling to making specific benchmarks, experts are working hard to prove that Bitcoin will survive. Bitcoin price predictions for 2020 are very broad, between $ 20,000 to $ 1 million US dollars.
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October 15, 2019, 02:24:27 PM
 #77

Although almost all predictions are rooted in mere speculation in the world of crypto, some of them come from fairly complex quantitative prediction methods.

Other than speculating what is the option an investor has, any investor in any market have a certain perspective when investing in the market and they will speculate that the market would reach a certain valuation before investing, be it quantitative analysis or any other technical analysis.

From research and modeling to making specific benchmarks, experts are working hard to prove that Bitcoin will survive. Bitcoin price predictions for 2020 are very broad, between $ 20,000 to $ 1 million US dollars.
Experts are not working hard to prove anything, bitcoin is working fine and there are more investors coming into the market, i am not into these huge predictions but i know i will always be in profit when ever i sell the coin.
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October 16, 2019, 05:28:12 AM
 #78

yes some people have their own arguments, some say btc will touch 16k $ for this month, judging by the btc market conditions only move in the range of 7000-9000 in recent weeks.
so there are no arguments that really fit the facts, I mean that can prove their predictions exactly. I believe what happened is not what I hear, because what I hear does not necessarily happen and what happens is certain I will hear. Roll Eyes
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October 16, 2019, 08:30:36 AM
 #79

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
No one can exactly get the illustration of any of scenarios you have notice, but in my opinion, bitcoin value will just be at the average of until $8000 this year. I don't see that there is something that bitcoin will get over $10k. The movement of the bitcoin price right now is very slow and it doesn't show any potential to hit over $10k.
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October 16, 2019, 09:44:35 AM
 #80

Yes BTC definitely can have rally before 2020. We have bitcoin halving due next year and who knows that this phenomena might create reduced supply and that could increase the price exponentially for BTC. 2020 is really too far away you never know btc can get pumped even tomorrow.
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October 16, 2019, 11:13:34 AM
 #81

Some would say Bitcoin could touch back over $14k, but the BTC just moved slowly to the 8000 range in a few weeks.
Indeed some people have their own arguments, there is no argument in accordance with the facts. I mean their predictions are not necessarily true and precise.

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October 16, 2019, 12:15:20 PM
 #82

we don't know for sure what happened, but in my opinion the history of 2017 where BTC at that time was 17,000 USD more but dropped dramatically, but I believe that BTC will have the potential to rise at the end of December, because BTC still has a lot of fans and true holders where it becomes a power for BTC to rise.
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October 16, 2019, 11:59:19 PM
 #83

Lets just hope that this coming Thanks Giving (November) and the Holiday season (December) will help boost the price of Bitcoin. Im not hoping for a bull run, just a small kick will do and who knows it might trigger a bull run. Usually the last quarter of the year is where the action is in terms of price of Bitcoin. Lets wait and see.
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October 17, 2019, 05:48:43 AM
 #84



From research and modeling to making specific benchmarks, experts are working hard to prove that Bitcoin will survive. Bitcoin price predictions for 2020 are very broad, between $ 20,000 to $ 1 million US dollars.
Experts are not working hard to prove anything, bitcoin is working fine and there are more investors coming into the market, i am not into these huge predictions but i know i will always be in profit when ever i sell the coin.
The prediction is pretty huge,  lots of expert just give predictions on mere analysis that they do,  no cognitive reasons to back their analysis,  it will take a huge time for bitcoin to reach a million dollar,

For you to say you will always be in profit when ever you sell bitcoin, It seems you also bought bitcoin at a very cheap rate few years back,

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October 17, 2019, 01:25:03 PM
 #85



From research and modeling to making specific benchmarks, experts are working hard to prove that Bitcoin will survive. Bitcoin price predictions for 2020 are very broad, between $ 20,000 to $ 1 million US dollars.
Experts are not working hard to prove anything, bitcoin is working fine and there are more investors coming into the market, i am not into these huge predictions but i know i will always be in profit when ever i sell the coin.
The prediction is pretty huge,  lots of expert just give predictions on mere analysis that they do,  no cognitive reasons to back their analysis,  it will take a huge time for bitcoin to reach a million dollar,

For you to say you will always be in profit when ever you sell bitcoin, It seems you also bought bitcoin at a very cheap rate few years back,

Don't expect million of dollars while we're struggling to meet at least thousands. This sounds hilarious, because possible rally might now suitable for now since we were not able to escape the $8k price range. It was really hard to specify a definite value for now, so don't be too focus on the price increase. What's good for now is holding enough btc before another potential halving will come.
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October 17, 2019, 11:44:26 PM
 #86

Don't expect million of dollars while we're struggling to meet at least thousands. This sounds hilarious, because possible rally might now suitable for now since we were not able to escape the $8k price range. It was really hard to specify a definite value for now, so don't be too focus on the price increase. What's good for now is holding enough btc before another potential halving will come.

Indeed holding is the better option for now,  it is too early to tell if we will not have a rally before 2020, we know Bitcoin market is very unpredictable, it may have a price crash for now and another price surge on the next weekend.  So the possibility for a rally before 2020 is more likely to happen since we are more than 2 months away from it.  And by that time lots of stuff could possibly happen and probably may trigger a Bitcoin price rally.

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October 18, 2019, 12:59:10 AM
 #87

There is a lof of TA on trading view, in this forum and many other crypto sites, some predict bitcoin will fall to $5K and others predict otherwise. 2 months before the end of the year, the bitcoin market will fluctuate obviously but not significant movements, just like lately the price increase and drop within $100-$400 a day. But we are approaching halving which surely affects the market behavior, expected bitcoin will gradually increase and eventually reach $10,000 by the end of this year.
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October 24, 2019, 11:22:08 PM
 #88

we don't know for sure what happened, but in my opinion the history of 2017 where BTC at that time was 17,000 USD more but dropped dramatically, but I believe that BTC will have the potential to rise at the end of December, because BTC still has a lot of fans and true holders where it becomes a power for BTC to rise.

The next rally will still be there, but no one can be sure of the exact number of bitcoin price increases until the end of this year. Many people estimate that the price of bitcoin can reach a price range of $ 16 thousand before the end of the year. but there will be a phenomenon of rising market prices this year, of course very different from last 2017.

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October 25, 2019, 01:40:14 PM
 #89

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
As we have already entered Q4 of 2019 and its only two month left for year ending and prices stands above $8000 and there can a normal rise of prices upto$8500 by the end of this year as bull run does not show any footsteps in the market but next year the halving will surely have affect on prices in a positive way and prices will surge in the market so wait for next year in 2020.
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November 03, 2019, 02:56:56 AM
 #90

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.
As of right now we are in the middle of a conflict between the bears and the bulls, if the price goes above 10000 then we may see another important trend at the end of the year but I really think that if the bulls fail to breakout of that level then the price will go down definitely and we should not expect to see a recovery until the summer of 2020 when we are expected to see the next halving, personally I believe we will see a price of 8000 by the end of the year.
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November 03, 2019, 06:09:35 AM
 #91

We're 2 months way from ending 2019 and there are no strong sign of having a rally or a strong bull run by the end of it. My guess is that 2019 was like 2015-16 in cryptocurrencies were was a good time to accumulate and not a good year for short term trading or investments.

When we enter in the new year and the halv happens then we can start thinking to a new bull run that will come by the end of the 2020 and will end in 2021.

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November 03, 2019, 06:34:10 AM
 #92

Looks like that "some" made a good prediction.
If you look at the numbers now, it could stay this way until the end of this year.
Now, let us forget about the 7k number. Maybe we wont see that anymore.
My lowest could be 8.5k and 11k at the highest peak before the year ends. Fluctuating from 9k to 11k.

Speculation changes whenever a new price is reached after a month. But still I love this slow movement.
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November 03, 2019, 06:59:16 AM
 #93

We're 2 months way from ending 2019 and there are no strong sign of having a rally or a strong bull run by the end of it. My guess is that 2019 was like 2015-16 in cryptocurrencies were was a good time to accumulate and not a good year for short term trading or investments.

When we enter in the new year and the halv happens then we can start thinking to a new bull run that will come by the end of the 2020 and will end in 2021.
for this year a lot of good news, it's just that it will only happen in the coming year. You're right, this is the same as in 2015-16 because, in that year, there were so many predictions about the price increase that will occur like this. if the current speculation and analysis do occur, it's likely that the price of bitcoin will rise from 2020 to 2021 to come. however, this year it is likely that the price of bitcoin will not exceed $ 15,000.

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Sadlife
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November 03, 2019, 07:37:05 AM
 #94

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
you are just stressing yourself since Bitcoin has alrteady doing great now,having $9k strong hold?does it mean we are not in best market level now compared the whole 2018 and early 2019?

this is the problem if we are always seeking for High prices when the decline is still there,why not just Buy and take advantage of the scenario?also dont push so hard and expect higher growth because bull still not in confirm.take some air and relax everything will come our way sooner

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November 03, 2019, 07:45:21 AM
 #95

We're 2 months way from ending 2019 and there are no strong sign of having a rally or a strong bull run by the end of it. My guess is that 2019 was like 2015-16 in cryptocurrencies were was a good time to accumulate and not a good year for short term trading or investments.

When we enter in the new year and the halv happens then we can start thinking to a new bull run that will come by the end of the 2020 and will end in 2021.
It's still slow and there's no accurate predictions as the value still moving up and down. If you are positive then it's  a good sign that  market will
be able to surprise you, there's no certainty whether the market will proceed and reached a good peak, maybe it can go up till $12K.

We don't have any ideas if what future bring us, it's best to keep being positive and enjoy waiting.
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November 03, 2019, 07:58:02 AM
 #96

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.

I don't have any valid facts nor evidences to believe on since there were are alots of investigations, and some sort of research with regards on what might happen on the market in a certain time. I just believe on my guts that it is still possible that the market might went on 20,000 USD sooner. Besides it feels like fooling myself around whenever I believe on such uncertain claims.

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November 04, 2019, 03:20:41 AM
 #97

There is a speculation roaming around that bitcoin will hit between $16k - $18k before the end of this year and i think it could happen because there is no reason it will rise quickly just like last month from 7k to 9k and were not expecting it to happen that fast.

And i think were still in a bullish market and even the price of btc is going up and down. We just need to accumulate and hodl more bitcoin and atleast were ready once the market pumps up again.
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November 04, 2019, 08:24:14 AM
 #98

We will definitely hit your target of $10,000, we achieved that when there was a big pump before BTC just now trading at over $9K ,so nothing is impossible here, we still have more than a month and I just hope that the remaining days for bitcoin this year will be bullish or at least it will move a little from the current price.

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November 04, 2019, 09:42:40 AM
 #99

We will definitely hit your target of $10,000, we achieved that when there was a big pump before BTC just now trading at over $9K ,so nothing is impossible here, we still have more than a month and I just hope that the remaining days for bitcoin this year will be bullish or at least it will move a little from the current price.

Sideways already stand still for a long time enough like 2 weeks. I'm sure it will move this week and everybody's hope is it will rise and touch 10k. But something bad usually happened in crypto and we have to always ready for that. Buy some btc is really good right now but don't forget to set a stop loss

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November 04, 2019, 09:47:31 AM
 #100

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.

Do not be pessimistic. We are a few steps away from $10,000. In fact, we have been there already recently. We can have $10,000 anytime from now. I think we have to extend our target for Bitcoin within 2019. $10,000 is too modest. How about $15,000? That is very reachable within this year. We still have two more months left. That is a lot of time for Bitcoin to get there.

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November 04, 2019, 12:43:30 PM
 #101

We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.

Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
there is no debate in speculation instead sharing of thoughts and opinions,yes we have already reached almost 14,000$ this year but dumped just after a week

some speculate that we will get down to 7k$ and yes it happen last week when we almost down to 6k level

but for me?i dont care if what will be the price this december because for me the important is we still show the world how healthy crypto market is and means we still have the investors and has a great future ahead
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November 04, 2019, 01:25:10 PM
 #102

We will definitely hit your target of $10,000, we achieved that when there was a big pump before BTC just now trading at over $9K ,so nothing is impossible here, we still have more than a month and I just hope that the remaining days for bitcoin this year will be bullish or at least it will move a little from the current price.
To reach the price of $ 10,000 in the near future in my opinion will definitely happen and will continue to increase around $ 12,000 to $ 15,000 until the end of 2019 and that's in my opinion.
an increase in the price of bitcoin is everyone's hope, but about predicting the price of bitcoin will increase greater than the previous price will be a motivation and will hold bitcoin firmly before reaching the highest price.

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November 04, 2019, 11:06:20 PM
 #103

If we can make a new high this year, I mean not an ATH but a new high for this year only, btc reaching $13,000 is already enough for me.
With that, I believe we will see a good rally before the end of the year, a small rally would be alright as its enough to at least boost the price of altcoins as well.

During the early months of this year, I was thinking we can make a new ATH this year but it looks like its not likely to happen but at least with a great recovery this is a great improvement for the market.

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November 04, 2019, 11:21:59 PM
 #104

We will definitely hit your target of $10,000, we achieved that when there was a big pump before BTC just now trading at over $9K ,so nothing is impossible here, we still have more than a month and I just hope that the remaining days for bitcoin this year will be bullish or at least it will move a little from the current price.

Sideways already stand still for a long time enough like 2 weeks. I'm sure it will move this week and everybody's hope is it will rise and touch 10k. But something bad usually happened in crypto and we have to always ready for that. Buy some btc is really good right now but don't forget to set a stop loss
I am not expecting a bad news in this last weeks of the year, though its possible but I am just being optimistic.
Not anyone of us know what is the right future for bitcoin especially on a short term basis but I believe most of us think that BTC will succeed in the long run, so that should convince us to be more optimistic and just disregard the short term volatility especially the sudden dump.

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November 04, 2019, 11:24:15 PM
 #105

If we can make a new high this year, I mean not an ATH but a new high for this year only, btc reaching $13,000 is already enough for me.
With that, I believe we will see a good rally before the end of the year, a small rally would be alright as its enough to at least boost the price of altcoins as well.

During the early months of this year, I was thinking we can make a new ATH this year but it looks like its not likely to happen but at least with a great recovery this is a great improvement for the market.

I think new all time high won't happen this year because people are waiting for halving next year, but people is also not buying it yet right now because crypto events are likely to postponed so many times, i think when the halving is really confirmed people will buy it like one week before the halving the price will be rising significantly.
Bitcoin price is likely to rise right now and maybe it's rallying to 10k. after a bit correction i think 12k-13k is not impossible for this year.

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Omega Weapon
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November 07, 2019, 02:36:52 AM
 #106

There is a speculation roaming around that bitcoin will hit between $16k - $18k before the end of this year and i think it could happen because there is no reason it will rise quickly just like last month from 7k to 9k and were not expecting it to happen that fast.

And i think were still in a bullish market and even the price of btc is going up and down. We just need to accumulate and hodl more bitcoin and atleast were ready once the market pumps up again.
I have been reading similar numbers on different sources and I have yet to see an explanation why they think the price will go up that fast, it is not that I am against it, those kind of prices that are so close to the all time high are a dream come true, it is just that I do not see the volume for this to happen, after the price of bitcoin went up with an incredible rise in the volume, everything has more or less remained the same and if this continues we could see the price going back to 7000.
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November 07, 2019, 07:21:30 AM
 #107

all of us can only speculate but cannot be certain of how bitcoin will be in the future. I speculate that the price of bitcoin may be below $ 10,000 by the end of this year. and maybe before halving in May 2020 the price of bitcoin will decrease. because maybe the whales will manipulate the market and make the price of bitcoin go down. they will look for opportunities to buy cheap so they can benefit in the future.

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