Moving away 2019 and looking forward for 2020. A Bullish or Still a bear season?

[Yamifoud]

Throwing back last 2019 and to see how Bitcoin price moves...

We started last year at $3,300 dip( January). The market starts to move slowly high and even reach $9,000 in the 2nd quarter ( that was amazing). May the favor has given to us and the price keep moving high after a short fullback and finally got the highest price at $13,880 in the 3rd quarter. We think that it could be the start of Bullrun and everyone pretty excited but that just a short stay and it drops down until we stabilize at $7,000- $7,500 before we end up that year.

Source Link: https://www.coindesk.com/a-year-after-bottoming-out-at-3100-bitcoin-is-up-127

For me, it wasn't bad at all. Though we are not able to hit for another ATH but at least the market could still manage to hit the price st $7k plus ( it was double from where we start that year).

Now, we are looking forward that this 2020 is another big hope for everybody.

And ask if there is a reason that could help for bitcoin to grow or we just stay the same? Any thought...

[Dart18]

So it was still double in a year and yet people are still crying that bitcoin is in a bear run.
This price is humongous if compared to other commodities out there.
Why do people always forget that whenever a price dips happen?

I am still hoping that next year we will see a $14k price and then it will be the bottom of it. They will be silence by that.

[bitcampaign]

if this is repeated like last year, if last year from the lowest price of $ 3100 to almost touched the highest $ 14k, it could have been at the beginning of this year $ 7,000 could have gone several times over the previous year, but this is just my mind alone, speculation and analysis of many people in this forum and soon about halving bitcoin, all waiting for bitcoin halving price movements may be the only reason bitcoin will increase, we'll wait

[kolonel_x]

If we look at the history of last year, bitcoin is experiencing a low price and it's only $ 3000 +, but this time we started with a fairly high price of $ 7000 +, double the previous year, if denying this will be good news in 2020 then I'm sure in the year This bitcoin in the beginning will be full of excitement, because a lot of this year's prediction is indeed for bitcoin but this is also not entirely true so we hope that happens, halving will be a mainstay for them to wait for better prices.

[Wexnident]

Having an increase of 2x is more than just "It wasn't bad". It was actually a pretty good run for the year to be honest, even more considering that 10 years ago, it wasn't even a known subject in most of the world.

Às for BTC growing, that issue would be possible if more people acknowledged and accepted it, making demand higher, and with supply constantly decreasing, basically making its price grow. Naturally, more people joining the community, the more development is possible.

[lionheart78]

For me, it wasn't bad at all. Though we are not able to hit for another ATH but at least the market could still manage to hit the price st $7k plus ( it was double from where we start that year).

Lol, it was actually great.  Anyone who is in a stock market would be jumping with joy if their holdings value had a 100% increase within a year.  Others are very  happy with 20% to 30% annual growth of their holding let alone this is a 100% and halving is at the door which signals another possible price increase.

[barota]

price can recover above 10k usd soon and fast . everyone should hold and stop panic . when prices will reach high level for sure hope will come back and people will start buy bitcoin again

[shield132]

Throwing back last 2019 and to see how Bitcoin price moves...

We started last year at $3,300 dip( January). The market starts to move slowly high and even reach $9,000 in the 2nd quarter ( that was amazing). May the favor has given to us and the price keep moving high after a short fullback and finally got the highest price at $13,880 in the 3rd quarter. We think that it could be the start of Bullrun and everyone pretty excited but that just a short stay and it drops down until we stabilize at $7,000- $7,500 before we end up that year.

Source Link: https://www.coindesk.com/a-year-after-bottoming-out-at-3100-bitcoin-is-up-127

For me, it wasn't bad at all. Though we are not able to hit for another ATH but at least the market could still manage to hit the price st $7k plus ( it was double from where we start that year).

Now, we are looking forward that this 2020 is another big hope for everybody.

And ask if there is a reason that could help for bitcoin to grow or we just stay the same? Any thought...

Last year we had rise from 3K up to 13k but sadly price felt and continue to dive but after all we have price of 7K USD and it's double rise. 2019 was really a bad year for bitcoin cause we had huge fall and then we had a rise which revived hope but further price fall killed this hope.
There is 132 days left before bitcoin halving, this halving means a lot, even if we look at past, bitcoin rise from 11$ to 1000$, then from 600$ to 20000$ and why this halving won't repeat even better success? Reward gets half, mining gets even more unprofitable and in any way halving will create need of price rise and this + upcoming hopes of increased price will get our hopes achieved.

[Questat]

There's only a small improvement of price last year but it was okay, at least there was an improvement.

let's say the lowest price this year would be $7,000 (provided price will not dump) so if we end this year with $14,000, again that would already be a good price and if this continues, by the following year, we will be able to see a new ATH and a possible bull run.

[Yaunfitda]

Of course, we all need to look forward in 2020 and 'hope' that it will be different. Last two years was worst. And eventhough we didn't manage to at least reach 5 digit at the end of the year, $7k is pretty much good as we started the year around $3k. So it doubled if we have invested beginning of the year and just hold on it.

@Questat - yeah, thinking the same. If we manage to go to $14k this year so it will be a good return as it will double our investment early this year.

[Finestream]

Let's throw 2019 away but we have learn a lot that year, though it was still a bearish year for us because we expected too much for the market but we are only given a small improvement and majority is only on the part of BTC but not much on altcoins market. If we the same trend would follow, we would only be playing with BTC here which is not exciting IMO.. what I really like to see is the entire market to be healthy, a growth for BTC to over $15,000 is already a guarantee that altcoins will follow, at least in my own opinion only.

[panganib999]

Well, any help Bitcoin would receive right now should only be able to help it in the long term. Some may even be detrimental to its progress instead. Well, we should just let nature take its course. More involvement of BTC to the world just makes more users demand for it, which in turn should make the price go high since BTC is a limited coin. Also, every year is a big year for BTC, since every year that BTC made it, is a new year of a brand new development for it.

Last year we had rise from 3K up to 13k but sadly price felt and continue to dive but after all we have price of 7K USD and it's double rise. 2019 was really a bad year for bitcoin cause we had huge fall and then we had a rise which revived hope but further price fall killed this hope.
There is 132 days left before bitcoin halving, this halving means a lot, even if we look at past, bitcoin rise from 11$ to 1000$, then from 600$ to 20000$ and why this halving won't repeat even better success? Reward gets half, mining gets even more unprofitable and in any way halving will create need of price rise and this + upcoming hopes of increased price will get our hopes achieved.

2019 is bad? I doubt that. Even though it reached 13k but fell to 7k, remember that we started at 3k. That's a double from the start of the year, which is honestly quite great already. Don't compare it to the ATH, its called one for a reason. And assuming another ATH every year seems like a dream tbh.

[DoublerHunter]

~snip~
Now, we are looking forward that this 2020 is another big hope for everybody.

And ask if there is a reason that could help for bitcoin to grow or we just stay the same? Any thought...

^ There are a lot of expectations on this year 2020, aside from next bitcoin halving reward that most people's awaited and they are expected that bitcoin price will surge back in the market and doubled the price again. I have the same feelings as yours, that looking for a big hope this year. There are possibilities that the new ATH has come, be ready. Probably next week, next month or after a year. Accumulation is the best help to the market price to eliminate those whales trying to manipulate the market. Nevertheless, I agree that the overall market price situation was not bad.

[JimboToronto]

The title of this thread is in error. It should read "a Bearish or Still a Bull Season".

Having doubled in price, 2019 was obviously a bull year.

I see no reason 2020 should turn bearish. With the halving approaching, the bull market should continue.

[InvoKing]

I see no reason 2020 should turn bearish. With the halving approaching, the bull market should continue.

Before the halving and just after it we may see bearish market that can last weeks and maybe months...
2020 until November/December i am not expecting many things

[exstasie]

Ever since the breakdown in September, we haven't had a 61.8% or even a 50% retrace of the downtrend. So even if we're stuck in a multi-year bear market, I still see the market coiling up for a mid-term uptrend in Q1. The confluence between these Fibonacci levels and existing horizontal S/R suggests to me that the intermediate lows are probably already in:



Breaking above the 0.618 area near $11K with authority will signal bull market continuation. Reaching the 0.886 level around $13K will be another confirmation. Breaking above the 2019 highs will obviously seal the deal.

[enhu]

Price may look bullish if we compare it to the price last year but its still in the bearish if we take a loot at the charts. Some people speculate that it may even drop back to $3k again. The price may probably go up in bullish trend on mid year after the halving just as how it did in the past.

The wave in the charts are exciting to look at but when badly needed the bullrun to come, its not fun to experience this bear season when you have not dump all you got since 2017.

[The Sceptical Chymist]

For me, it wasn't bad at all.

No, 2019 was actually a fantastic year for bitcoin if you just ignore what happened in the summer months (lol).  If you drew a straight line from $3000 to whatever price bitcoin ended up at on Dec. 31st, the line would look pretty damn good.

Now as far as this year goes, I don't know what to expect--but I never do.  However, ever since the end of 2017 we've had mostly bearish streaks and periods of stagnation, and it really doesn't feel like much progress has been made.  I'm hoping bitcoin starts to perk up, because that would draw in investors that might have gotten burned in 2017 and chose not to stick with bitcoin.  Markets move in cycles of boom and bust, and I think we've had enough of the "bust" periods that the market is overdue for some booming.

I'm hoping, anyway.  But I've learned that bitcoin couldn't care less what my hopes and predictions are.  It's got a mind all its own.

[harizen]

I'm not really the type of person that will expect something to happen this year.

Either bull or bear, pump or dump, the usual price swing, crazy price movements, etc. the same approach and practice should always be done and that is "continuous accumulation" no matter what.

It's really nice to see some good and professional analysis around with valid pointers but during the time I was an enthusiast of following charts and successfully gained knowledge about making analysis, reading chart lines and learn to make my own based on several indicators, damn, the volatility here in crypto is really too strong to handle and it can literally destroy even the majority of all professional analysis set on a given period. But still, that's my main reference.

As for me, the market already experienced the hardest crash in history. No way* it should be repeated but it doesn't mean the price should go up and go bullish for the next few years.

[Yamifoud]

I'm not really the type of person that will expect something to happen this year.

Yeah, it is really hard to speculate something of what is coming and I know that expert also struggle the same.

Either bull or bear, pump or dump, the usual price swing, crazy price movements, etc. the same approach and practice should always be done and that is "continuous accumulation" no matter what.

It happens all the time and the bad thing is that we don't have a choice but to accept it. And those who never understand its volatility will end up their journey here in crypto shortly. Many will quit because they failed their expectation and a few will only survive, and that is the reality.
The coming years will have a lot of surprises for sure, it all be a question either we go up or down but that is the most common thing to happen. Nothing has to assure about the bullish again until we finally experience it.