Can BTC still have any rally before 2020?

[Darooghe]

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.

[wildey]

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.

[Meowth05]

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.

[aysg76]

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...

[beerlover]

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.

[legendster]

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.

[bileq]

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.

[Taskford]

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.

[barota]

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

[Reatim]

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

[teosanru]

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.

[noormcs5]

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.

[Rufsilf]

...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.

[BitHodler]

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.

[The Cryptologist]

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.

[samcrypto]

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.

[uray]

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.

[timerland]

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.

[iMark]

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.

[Silberman]

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.