Bitcoin: Long term prediction.

[adzino]

Those predictions were done all based on mathematics. The guy probably got extremely lucky when predicting it. Just remember, those are predictions are never very accurate. The market price does not just depend on the previous values. There are also various unpredictable external factors that causes changes in the price of the crypto currencies and affects that largely. Halving of the reward is just one of them (looks like this factor was included in the prediction). Don't forget about manipulations, hacks and good/bad events that might take place.

[Soots]

I agree with the prediction that bitcoin could go down at the end of this year to $ 6500. But later in 2020 began slowly rising
in price, because it was approaching the halving event in May 2020 the bitcoin price should have risen. But when halving the
price bitcoin can reach $ 60k seems too impossible to achieve. Given market conditions throughout 2019 it's not so turbulent.
In my opinion when the maximum halving price of bitcoin only reaches $ 20k. If indeed it reaches that price already very good
in my opinion.

Once it reaches up to $20k, I won't waste the chance of dumping my worst holdings when it obtained the most profitable value. Over expectations didn't worked so well, and in fact the whole 2019 was unfortunately not a good time for traders due to bearish behavior of almost a year.

[Assface16678]

It's clear that bitcoin is indeed the best for investment because when years passes by the price will eventually rise. But there are things that those experts tried to predict that somehow the price would reach $50,000 to $200,000. From looking at the chart on that site $200,000 is not too close within 5 years. I guess maybe in 10 years before bitcoin reach that $200,000.

Bitcoin only reached $ 20,000 ATH in 2017 in December, so far the price of bitcoin still hasn't exceeded the price of ATH in 2017 so I don't think experts can 100% believe that a bitcoin prediction of $ 15,000 is difficult, so reaching $ 200,000 too far in my opinion.

There is a lot of people they are trying to predict what can be the future of the cryptocurrency because some of them know how to read the graph of the crypto, today the price graph of the bitcoin is very bad. Still, if you try to look at the previous years, that kind of movement is just typical for the end of the year, but the next following year it can grow up again. It takes time to earn more profit on bitcoin. Some techniques we can do to make an easy profit is to hold our coins and wait for the right time to trade or exchange for getting a benefit. May result of the loss of income if you panic sells because of the graph you are reading for now. In the long term, you should know the previous prices and when the peaks come.

[Colt81]

It's clear that bitcoin is indeed the best for investment because when years passes by the price will eventually rise. But there are things that those experts tried to predict that somehow the price would reach $50,000 to $200,000. From looking at the chart on that site $200,000 is not too close within 5 years. I guess maybe in 10 years before bitcoin reach that $200,000.

Bitcoin only reached $ 20,000 ATH in 2017 in December, so far the price of bitcoin still hasn't exceeded the price of ATH in 2017 so I don't think experts can 100% believe that a bitcoin prediction of $ 15,000 is difficult, so reaching $ 200,000 too far in my opinion.

There is a lot of people they are trying to predict what can be the future of the cryptocurrency because some of them know how to read the graph of the crypto, today the price graph of the bitcoin is very bad. Still, if you try to look at the previous years, that kind of movement is just typical for the end of the year, but the next following year it can grow up again. It takes time to earn more profit on bitcoin. Some techniques we can do to make an easy profit is to hold our coins and wait for the right time to trade or exchange for getting a benefit. May result of the loss of income if you panic sells because of the graph you are reading for now. In the long term, you should know the previous prices and when the peaks come.

In my own opinion, bitcoin's price is very unpredictable, even other cryptocurrencies because it is volatile that we can't tell when will it increase or decrease it's price, that is why even a lot of people makes a lot of mathematical analysis and predictions about the price of bitcoin there are still a huge chance that there analysis will be incorrect.

[bitbunnny]

It's clear that bitcoin is indeed the best for investment because when years passes by the price will eventually rise. But there are things that those experts tried to predict that somehow the price would reach $50,000 to $200,000. From looking at the chart on that site $200,000 is not too close within 5 years. I guess maybe in 10 years before bitcoin reach that $200,000.

Bitcoin only reached $ 20,000 ATH in 2017 in December, so far the price of bitcoin still hasn't exceeded the price of ATH in 2017 so I don't think experts can 100% believe that a bitcoin prediction of $ 15,000 is difficult, so reaching $ 200,000 too far in my opinion.

There is a lot of people they are trying to predict what can be the future of the cryptocurrency because some of them know how to read the graph of the crypto, today the price graph of the bitcoin is very bad. Still, if you try to look at the previous years, that kind of movement is just typical for the end of the year, but the next following year it can grow up again. It takes time to earn more profit on bitcoin. Some techniques we can do to make an easy profit is to hold our coins and wait for the right time to trade or exchange for getting a benefit. May result of the loss of income if you panic sells because of the graph you are reading for now. In the long term, you should know the previous prices and when the peaks come.

Yeah, many people would like to know how the future of Bitcoin would llook like, will they earn profit or suffer loss.
But I don't think that graphs and technical analisys can actually help you with that, they could only be kind of guidelines. Sometimes with Bitcoin you also need a bit of luck and a hunch, to rely on your experiences. I don't think that Bitcoin has a pattern that you can follow.

[huige007]

Good one mate. But the drop happened fast. We will see if your $6,800 support can hold until January. I am also thinking about worst scenario at $5,000-$6,000. I've seen more predictions lately here that expected this correction before the price moves again upwards. At least this chart supported my prediction to start accumulating again first quarter next year. Although I would still be happy to be proven wrong, that bitcoin all of a sudden shoots up before end of this year.  

When we do talk about technicals then we might able to reach those levels but to come to think that this might be already the bottom for this year.

We cant conclude yet if we go down further specially now about the news on binance denial which would somewhat cut-off the fud.Price is almost heading go back to 6k+ level
but who knows if recovery would start  now.

Further dumps can happen along the way specially we are already approaching the next halving.

Having the event of halving in mind, it would be better to buy more bitcoins and instead of feeling bad about the decreasing value, investors should feel blessed as they are getting the opportunity to make invest in coins when a pump is confirmed. Dips have their own purpose to serve. Without it, no one can buy coins by small amounts. All changes are important in crypto currencies world for gaining most benefit.

[AniviaBtc]

Thank you for the chart idea OP look like the price of bitcoin will range to $6k to $7k level if the price will not hold the $7k level then I'm expecting to drop to $6400 which is a next support, I hope this level we will see a bounce since bitcoi  suffer from hard fall.

Let's hope for the better that the range of bitcoin will become higher than you've expected. Let's say that it will surely comeback from $6k to $10k because nothing is impossible. I know it is a sudden but we don't know what bitcoin can do to itself. It is very unpredictable, I guarantee you that maybe 7-10 years from now. Bitcoin will bounce back and soon grow again.

[beerlover]

There are thousands of predictions every single day around here, most of them fail, some of them get it right on the first time and fail on the second, the best anyone goes is max 5 times in a row right for the movements. There are literally no known person who has managed to get all movements of bitcoin right without skipping any forever, everyone eventually fails, if you haven't failed so far that means you haven't failed...yet.

In the end bitcoin is unpredictable and nobody really can say "this is why bitcoin goes up" or "this is why bitcoin goes down" because it is a decentralized unregulated crypto currency and that is why it is easily manipulated and people don't really realize how much it could go any direction at any moment with just one big whale movement.

[Triffin]

Hi everyone!

I made this prediction 3 months ago and I shocked for his precision.

I decided share him with people. Maybe you finds some utility.

https://es.tradingview.com/chart/BTCUSD/HbvGBqZG/

This prediction is not based on strong analysis so we can't trust this prediction and we have to search more reference, if this prediction is true i think it's just a pure luck but the prediction is still long ahead and i think this prediction will dissappear when the price is not same as his prediction. But based on halving history this chart is quite legit because 1 year after the halving bitcoin's price must be have experienced a big pump

The prediction is based up on some facts and logic so definitely holds a bit of truth in it. People who do critical analysis and spend days and nights in researching more about bitcoin and altcoins, make such bold claims. Doing your own research is indeed important but following comments of such people helps a lot in clearing doubts. On the basis of halving, it is not very hard to tell the future behavior of bitcoin.

[alisonwonder]

Hi everyone!

I made this prediction 3 months ago and I shocked for his precision.

I decided share him with people. Maybe you finds some utility.

https://es.tradingview.com/chart/BTCUSD/HbvGBqZG/

right now I am really waiting for halving, because if you look at previous halving I think it can happen again, and right now before halving occurs the price drops, then 2020-2021 in the end, the price of bitcoin will rise higher and make a new ATH.

[GP1992]

Do you think the price of BTC in August 2021 is around 60k USD?
what about the BTC analysis that will touch 100k to 300k USD in 2021? Do you agree with the analysis or do you prefer your analysis?
if I look at your analysis, there is still a chance that BTC will fall deeper in November or December.

Honestly, i think that the price of BTC never will over 130K.

I think that BTC will stabilice between 90K and 130K.

Wich is a good thing because while more stabilization has a coin, less oportunity cost and better incetive for use how a universal exchange good.

Wich is the principal objetive of BTC.

[GP1992]

Hi everyone!

I made this prediction 3 months ago and I shocked for his precision.

I decided share him with people. Maybe you finds some utility.

https://es.tradingview.com/chart/BTCUSD/HbvGBqZG/

right now I am really waiting for halving, because if you look at previous halving I think it can happen again, and right now before halving occurs the price drops, then 2020-2021 in the end, the price of bitcoin will rise higher and make a new ATH.

Yes, i wait the same.

but unfortunately i was too optimistic when put the ATH line.

if you look the two previous Halving-ATH lines there is a pattern of dilatation.

taked one year for the 1th halving to 1th ATH.

but taked 1.5 years for the 2th halving to 2th ATH.

probably the time of wait for the 3th halving to 3th ATH will take mora than 1.5 years.

[Serco]

Hi everyone!

I made this prediction 3 months ago and I shocked for his precision.

I decided share him with people. Maybe you finds some utility.

https://es.tradingview.com/chart/BTCUSD/HbvGBqZG/

right now I am really waiting for halving, because if you look at previous halving I think it can happen again, and right now before halving occurs the price drops, then 2020-2021 in the end, the price of bitcoin will rise higher and make a new ATH.

Yes, i wait the same.

but unfortunately i was too optimistic when put the ATH line.

if you look the two previous Halving-ATH lines there is a pattern of dilatation.

taked one year for the 1th halving to 1th ATH.

but taked 1.5 years for the 2th halving to 2th ATH.

probably the time of wait for the 3th halving to 3th ATH will take mora than 1.5 years.

its depend on market sentiment and fundamental. Current halving condition totally different with at this time. Now hype and fud so wild in market , everyone interested investing in bitcoin. So many people that have lot of money will try to get cheapest price. But for now on which is finance institution participate in crypto market it will bring new desire , they represent how look sexy investing in bitcoin. So maybe this halving will create ath faster than before.

[maydna]

We now see bitcoin price reached $7470, and it could down for more or even it will go up in the next week. But we already have seen that bitcoin touched $6830 yesterday, and although the price now is higher than yesterday, it could go down again. We can go down for more this week and perhaps, we will hit less than $7000 so you need to be careful if you think about buying bitcoin. It's better to let the market move and watch the price moves for now so we can see what will happen to the price. If the price goes down, then we can prepare to buy bitcoin, but if the price goes up, then we still have bitcoin ready to be sold at a higher price.

One way or another, you need to secure your assets for the time being and limit transactions because the massive volatility of the crypto market is making things worse. I think Bitcoin will continue its downtrend and it is quite possible to return to $6000 next month so please analyze and make more accurate decisions in your investment.

I would still choose to invest in the long term if possible but would consider selling if things were worse. Of course, I will lose money but I will never accept to lose money stupidly during this time.

I already secure my assets by limiting the transaction because I don't see my chance to make a profit this week. But I hope that in the next week, everything will be back normal so I can start to sell some coin again to make a profit. I think the same as you about bitcoin will be down this day because the price is hard to increase. But I am sure that the bitcoin price will increase in the next week.

Although I don't know if bitcoin price will reach $6000 or not, I will try to have more money so I can buy more bitcoin if the price is down for more. Yes, investing in the long term will be a good idea in these situations because the market still not increase so high. We need to be patient and wait for more.

[ajeef]

Hi everyone!

I made this prediction 3 months ago and I shocked for his precision.

I decided share him with people. Maybe you finds some utility.

https://es.tradingview.com/chart/BTCUSD/HbvGBqZG/

right now I am really waiting for halving, because if you look at previous halving I think it can happen again, and right now before halving occurs the price drops, then 2020-2021 in the end, the price of bitcoin will rise higher and make a new ATH.

Yes, i wait the same.

but unfortunately i was too optimistic when put the ATH line.

if you look the two previous Halving-ATH lines there is a pattern of dilatation.

taked one year for the 1th halving to 1th ATH.

but taked 1.5 years for the 2th halving to 2th ATH.

probably the time of wait for the 3th halving to 3th ATH will take mora than 1.5 years.

Crpytocurrency price is cannot predicted as the history happened before, i'm sure it will be a different movement in the future it can be less than 1,5 years or even take more than 3 years. It depends on the market situation and the global situation. It's always because of the demands that could be created and manipulated by the whales who have so much money and that can make the demand up and down as they wish. So we have to ready with any different condition that will be happen in the future

[Wildwest]

For me bitcoin for long-term prediction is very suitable even many people always try predictions even strong analysis with the right increase in the price of bitcoin, anyone can predict it but it's not necessarily true, in 2017 the price of bitcoin reaches the peak price so it drops very fast and even goes down up to 80% of the highest price, yes of course it is all beyond our predictions then in the past few months there has begun to be an increase hopefully this will continue until the end of this year

[nicolas1979]

Hi everyone!

I made this prediction 3 months ago and I shocked for his precision.

I decided share him with people. Maybe you finds some utility.

https://es.tradingview.com/chart/BTCUSD/HbvGBqZG/

Nothing wrong your prediction but if happen of course I'll lost 20% from my money, not good for me. Now I confuse, cut loss or not your post make me really bad. So far I still keep stay with my analyze but many people has same prediction like you. Maybe right if after replace open order please ignore all opinion because one will kill your mind but 10 will destroy your future.

[Visbay]

I agree with the prediction that bitcoin could go down at the end of this year to $ 6500. But later in 2020 began slowly rising
in price, because it was approaching the halving event in May 2020 the bitcoin price should have risen. But when halving the
price bitcoin can reach $ 60k seems too impossible to achieve. Given market conditions throughout 2019 it's not so turbulent.
In my opinion when the maximum halving price of bitcoin only reaches $ 20k. If indeed it reaches that price already very good
in my opinion.

Once it reaches up to $20k, I won't waste the chance of dumping my worst holdings when it obtained the most profitable value. Over expectations didn't worked so well, and in fact the whole 2019 was unfortunately not a good time for traders due to bearish behavior of almost a year.

Yeah, I do after with this that in 2019 price was not good but still as much as I know bitcoin will rise now. People who sold after losing hope will surely repent but according to my good news for holders will be there very soon. We should keep holding at 2020 price could reach $20k but we should wait and see what actually happens but patience is the most important key for success.

[Distinctin]

I believe that it will keep in rallying but I can't think that it halving could trigger a big jump to reach $60k+. I may not really that kind of optimistic person that I may think such peaks cause the market looks so difficult to run for another ATH again and even that halving can't sure that can make it.
I am just hoping that it even just reach $20k during halving is big enough to see how this halving makes a big role in crypto.

[cryptothreads]

For me bitcoin for long-term prediction is very suitable even many people always try predictions even strong analysis with the right increase in the price of bitcoin, anyone can predict it but it's not necessarily true, in 2017 the price of bitcoin reaches the peak price so it drops very fast and even goes down up to 80% of the highest price, yes of course it is all beyond our predictions then in the past few months there has begun to be an increase hopefully this will continue until the end of this year

Recently a lot of bad news has affected investor confidence and a lot of people are panic sell this coin so if you choose to invest in Bitcoin, you should only invest in the long term. I will not predict the value of Bitcoin in the near future because every investor prediction is often incorrect and the market will never happen the way people think.

During this time it is really difficult but I believe everything will return in 2020. Of course, to do this, market will need a lot of new changes and must attract many new investors.