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Author Topic: Can BTC still have any rally before 2020?  (Read 931 times)
carlfebz2
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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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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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