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Author Topic: Will 2020 be bearish as well?  (Read 3816 times)
Free1bitco.in
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December 26, 2019, 04:23:27 PM
 #61

We all are aware of bitcoin halving and most of the users are discussing about a possible bitcoin pump post halving which might or not not give pump to the value of altcoins. So do you think halving will provide openings for altcoins with a pump or altcoins will continue to be bearish in 2020?
altcoin will follow the development of bitcoin prices, and of course, it will come with the pump. if we see a dominant price increase this year, it also makes a good effect on altcoin even though it's not that big. if halving makes bitcoin prices higher, I think altcoin prices will also pump up and end the bear market. Besides that, the other important thing is, not only halving will support the 2020 price improvement, but also ethereum 2.0, I think it will make Altcoin quality better.
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December 26, 2019, 04:42:49 PM
 #62

We all are aware of bitcoin halving and most of the users are discussing about a possible bitcoin pump post halving which might or not not give pump to the value of altcoins. So do you think halving will provide openings for altcoins with a pump or altcoins will continue to be bearish in 2020?
Anything that could happen, we should be ready. Because i see some people said that even halving not really make bitcoin pumped. But i still believe at least bitcoin and top 10 CMC coin will be pumped. But i only hold bitcoin and Ethereum right now. Not focus on other altcoins.
well, look the history of crypto halving make bitcoin price pumped, maybe it will happen in the next halving too, in my opinion halving will bring bitcoin price and another altcoins pump. but yes its crypto anything could happen. so we should be ready for anything will happen in the future

 
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December 26, 2019, 05:26:15 PM
 #63

I have the opposite thought, by 2020 bitcoin will not decline. A vibrant future of the cryptocurrency market with outstanding events.  Over the past year, the Beijing government has announced that it wants to make China the first country to issue its own cryptocurrency based on the Bitcoin-like transaction confirmation model. This will affect the development of cryptocurrencies.

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December 26, 2019, 06:28:16 PM
 #64

I have the opposite thought, by 2020 bitcoin will not decline. A vibrant future of the cryptocurrency market with outstanding events.  Over the past year, the Beijing government has announced that it wants to make China the first country to issue its own cryptocurrency based on the Bitcoin-like transaction confirmation model. This will affect the development of cryptocurrencies.
I think if China made a crypto, it might have an effect but for this one I don't think it will affect much on bitcoin. because in the context China made not support bitcoin, and maybe the crypto could be controlled by the Chinese government. therefore, what you say in my opinion is not enough to convince that bitcoin will have the potential of pumping next year
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December 26, 2019, 06:53:19 PM
 #65

Bitcoin's trading volume is declining which is expected when the price is in a consolidation mode. Once buyers and sellers reach a trading equilibrium, the next price move will dictate whether the uptrend continues or reverses.

Volume decline happens as the falling wedge pattern is being completed (weekly).

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December 27, 2019, 06:00:46 AM
 #66

The long bull market for BTC means a long bear market for the altcoins until BTC price becomes stable at one point. The altcoins follow the BTC price and the reaction of altcoin happens quicker, this depend on the few variables: The investors sell altcoins and they invest this amount to BTC. Or fresh money enters the crypto markets and this money directly goes to the BTC market.
so, when could Bitcoin become stable at one point?
Instead of Bitcoin is a high volatile class asset. I am just curious what you mean by "stable"

In other hand, I agree that Bitcoin movement can trigger altcoin. in this time, BTC up alt down, BTC down alt down.
but it isn't always like that, look at early 2018. BTC up alt up. that's in altseason

all we need is altseason to get altcoin pump. that's all
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December 27, 2019, 06:08:22 AM
 #67

I have the opposite thought, by 2020 bitcoin will not decline. A vibrant future of the cryptocurrency market with outstanding events.  Over the past year, the Beijing government has announced that it wants to make China the first country to issue its own cryptocurrency based on the Bitcoin-like transaction confirmation model. This will affect the development of cryptocurrencies.
When everyone in this market expects the market to grow in 2020, I have the opposite thought, this market will never be easy for many people to get profits like that. In 2020 BTC will be halving and I believe that the price of bitcoin will not change much, even its price will drop lower than it currently, this market only grows when everyone loses hope and leaves it

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December 27, 2019, 06:49:06 AM
 #68

I suspect 2020 will see a return to more bullish sentiment. We had that huge bear market, but it bottomed out in Ferbruary. Since then we've had a partial recovery, and recently relative stability with a bit of a fall. Remember we bounced back strongly the last time a support line was tested. I think that market confidence is slowly returning now, and halving and ETH 2.0 should help to increase that confidence, too.
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December 27, 2019, 07:00:58 AM
 #69

 
I have the opposite thought, by 2020 bitcoin will not decline. A vibrant future of the cryptocurrency market with outstanding events.  Over the past year, the Beijing government has announced that it wants to make China the first country to issue its own cryptocurrency based on the Bitcoin-like transaction confirmation model. This will affect the development of cryptocurrencies.
When everyone in this market expects the market to grow in 2020, I have the opposite thought, this market will never be easy for many people to get profits like that. In 2020 BTC will be halving and I believe that the price of bitcoin will not change much, even its price will drop lower than it currently, this market only grows when everyone loses hope and leaves it

Optimisim is good but at this point we need critical observation and deduction not to be disappointed, because  in my view nothing much should be expected even at the first half of the year 2020, a better expectation towards the end of 2020 and the real deal at 2021. It doesn't mean for anyone who is consistent you won't make anything reasonable in 2020. But not much difference from 2019.
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December 27, 2019, 09:53:59 AM
 #70

A lot of analysis and speculation in 2020. Maybe it will be the rise of altcoin if the price of Bitcoin is stable and the dominance of bitcoin decreases, giving space for altcoin to recover prices quickly.
bull or bearish can happen at any time, maybe the peak will be known when the BTC halving takes place, which will happen several more.
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December 27, 2019, 10:07:50 AM
 #71

As of now, the market is not matured and it seems there is a huge chance for Bitcoins, altcoins to decrease their prices. If we compare at the beginning, of the Bitcoin price, now the price of Bitcoin is already doubled in the market. So we might see more improvements in the coming year.
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December 27, 2019, 11:21:41 AM
 #72

I guess we will all find out in a matter of days/weeks right ? It still may be bearish until the halv comes and then somehow the market will swing and moves towards a bull market in a slowly pace.
The first half of 2020 might be volatile as well and the price will move in a range bound for the most part and the halving is expecting to happen on May 2020 if i am not wrong and we might not see a gradual rise in the price and i am expecting the same market movement which we used to see in the past and these expectation are for optimal conditions, if there is a economic slowdown in the next one year and then it might affect the rally we are expecting and hence there are many factors to take into account.

For me this would be the perfect scenario as it gives me time to accumulate even more Bitcoin and altcoins. Lets not get to hyped about 2020 as we were about 2019 Smiley) look how 2019 went ...we had 2x bottom for markets and lets hope the 3rd won't be in 2020.
For all the minions this is our expectation, before the big rally hope to accumulate the most we can  Wink.
Free1bitco.in
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December 27, 2019, 12:25:45 PM
 #73

I suspect 2020 will see a return to more bullish sentiment. We had that huge bear market, but it bottomed out in Ferbruary. Since then we've had a partial recovery, and recently relative stability with a bit of a fall. Remember we bounced back strongly the last time a support line was tested. I think that market confidence is slowly returning now, and halving and ETH 2.0 should help to increase that confidence, too.
I think like your thoughts. I also feel that 2020 will be a strong development. it can make prices return better than the highest price this year. Well, if we look, there are so many things awaited like Halving, Ethereum 2.0, and others. things like that will feed the bull market in the coming year, in fact, I think this will happen for all crypto.
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December 27, 2019, 12:42:59 PM
 #74

I guess we will all find out in a matter of days/weeks right ? It still may be bearish until the halv comes and then somehow the market will swing and moves towards a bull market in a slowly pace.
The first half of 2020 might be volatile as well and the price will move in a range bound for the most part and the halving is expecting to happen on May 2020 if i am not wrong and we might not see a gradual rise in the price and i am expecting the same market movement which we used to see in the past and these expectation are for optimal conditions, if there is a economic slowdown in the next one year and then it might affect the rally we are expecting and hence there are many factors to take into account.

For me this would be the perfect scenario as it gives me time to accumulate even more Bitcoin and altcoins. Lets not get to hyped about 2020 as we were about 2019 Smiley) look how 2019 went ...we had 2x bottom for markets and lets hope the 3rd won't be in 2020.
For all the minions this is our expectation, before the big rally hope to accumulate the most we can  Wink.

Only accumulate those that give us great and promising profitable gains. We can't be certain on unknown coins whose not active in the exchange markets, because it might fall upon shit value. Most coins and tokens these days aren't doing so well. Bearish market had been influenced by many factors that hinders bitcoin market growth.
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December 27, 2019, 12:51:47 PM
 #75

I think so, 2020 to the middle will be a prolonged bearish, I hope the economy and community understanding of crypto can be increased so that it has a positive impact with a good response and understanding of the crypto system itself, I assume that the decline in the altcoin rate today in addition to the new year factor where everyone needs money for a vacation is the amount of negative feedback and the large number of countries / communities that make their own tokens to apply to their system regardless of how the crypto itself works. So they make an influence that altcoin is not good, and they require to use new altcoin which is realistic.

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December 27, 2019, 12:53:45 PM
 #76

That's the question we cannot ascertain the answer.
I just hope it will not be bearish that year as it's been 2 years already that the crypto market are bearish, especially the altcoins.

I think Libra is a big game changer, it will promote crypto and more people knowing crypto, it would create more hype when there's some good news that once again people love to speculate.

also halving is a big thing, so it could be bullish.

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December 27, 2019, 02:22:08 PM
 #77

I think some months from 2020 will be bearish for crypto, mostly first 4 months, but after halving i think we will see a good grow in price and a new ATH for many crypto coins.
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December 27, 2019, 02:24:14 PM
 #78

First of all 2019 was not bearish. Bticoin started it journey from 3700$ in January 2019, went upto 12000$ and now closing this year at around 7000-65000$ and we still say 2019 is bearish. Not every day is Sunday and don’t expect every day bitcoin will reach new heights. I am sure there will be opportunities like this in 2020 as well. All we need is just keep calm and buy bitcoin
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December 27, 2019, 02:52:42 PM
 #79

What we like to see is a bullish market, we miss that already, most part of the year is bearish so overall this year the market is bearish.
Bitcoin is good for long term investment and I'm confident it will succeed but we don't know when it will pump and make a new all time high so until now we are still being patient waiting for that right moment.

well, I just hope that next year will be a bullish year or the opposite of this year.

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December 27, 2019, 03:03:05 PM
 #80

Its hard to know what will happen to 2020 most people that 2020 will be a good year since the 2020 halving will happen maybe this is right or maybe wrong but if you will ask me what I see on 2020 a big pump up why? First most people also expecting a bull run, Second a 2020 halving we all know what happen during halving if you not familiar just check its history.

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