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Author Topic: Bitcoin going beyond $14,000 before May, history repeating itself  (Read 949 times)
Oceat
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January 11, 2020, 04:17:22 PM
 #41

Such threads gonna lead to more speculation which in turn will make people FOMO and this would lead to a price rise. I don't think that this rise will halving as the basis. It will be more of euphoric rise. People speculating and buying in. Halving is indeed a big thing for Bitcoin but it won't matter much if you only focus on supply and demand. But the price prediction surrounding it can change the sentiments to the great extent.
I don't think the price would rise due to speculation making people to FOMO. They will only lose their investment if they panic selling, they should know that if there's a price growth the possibility that it's a bull trap is higher. I didn't notice this kind of pump in the last halving part where before halving there's a sudden price increase.

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January 11, 2020, 05:31:49 PM
 #42

I would like to remind everyone that whatever happened in the past doesn't have to happen in the future at all. Just because something once happened at the same thing, doesn't really mean we will react to it exactly the same this time around as well, there are different people, different amounts of money involved and even a different world we live.
This is a true statement as the past performance might not mean that the price would rally the same but after halving the price should rally consider the amount of bitcoin that is getting lower to get in the market after halving and that must have an impact in the price and so is the reason Satoshi planned to with the halving cycle. 

@OP if the price is able to break the resistance and move over $10k then it is well and good as i will be making a lot of profit considering i was able to invest when the price dumped completely and everyone is waiting for the rally.
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January 11, 2020, 06:09:36 PM
 #43

Such threads gonna lead to more speculation which in turn will make people FOMO and this would lead to a price rise. I don't think that this rise will halving as the basis. It will be more of euphoric rise. People speculating and buying in. Halving is indeed a big thing for Bitcoin but it won't matter much if you only focus on supply and demand. But the price prediction surrounding it can change the sentiments to the great extent.

Yes these thread will definitely create FOMO amongst new users but I have been into crypto for years and this time even I feel the market will repeat 2017 due to halving and it's after affect but this particular pump will not last longer as it now looks like a trap in order to dump the market hard before the halving.

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January 11, 2020, 06:24:52 PM
 #44

The question will become to which quarter (Q1, Q2, Q3, Q4) it will happen - top up above $14.000.

Before May is only Q1 or Q2. So considering article you quoted this is not the question. Halving pump should happen in end of April and start of May. And dumb will follow at end of May and beginning of June.
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January 11, 2020, 06:58:54 PM
 #45

The question will become to which quarter (Q1, Q2, Q3, Q4) it will happen - top up above $14.000.

Before May is only Q1 or Q2. So considering article you quoted this is not the question. Halving pump should happen in end of April and start of May. And dumb will follow at end of May and beginning of June.

Traders will likely "price in" the halving earlier than that. In 2016, the halving pump began and ended long before the actual event took place. Chances are the dump will occur in April (or possibly sooner, depending when the preceding rally begins).


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January 11, 2020, 07:07:59 PM
 #46

The question will become to which quarter (Q1, Q2, Q3, Q4) it will happen - top up above $14.000.

Before May is only Q1 or Q2. So considering article you quoted this is not the question. Halving pump should happen in end of April and start of May. And dumb will follow at end of May and beginning of June.
It's tough to know when will b the exact pump will take place, there's no assurance whether before or after the halving the only matter is how you
prepare yourself and your investment. Anticipating the potential market movement according to your own observation and assessment or else
you'll be trapped up without knowing the right position to take.
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January 11, 2020, 08:30:50 PM
 #47

very sceptical of all the predictions and hype around the halving and the potential bull run
people expect too much of it and the disappointment could be big , imagine the price dropping ( and it is not an outlandish scenario , right) and all of the analysts eating their baseball caps without salt Smiley
historically , the price goes up , but we are in a different period of maturity of bitcoin and the things could change , this could be the first halving when the price drops!  Cheesy
well , just kidding , , realistically , it should increase even if ever so slightly at first
as soon as the less efficient miners stop operations and selling coins , the price should go up because of the supply/demand if nothing else
do not discount black swans that can happen , we are on a brink of war nowadays - who knows what the future brings

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January 12, 2020, 05:40:38 AM
 #48

very sceptical of all the predictions and hype around the halving and the potential bull run
people expect too much of it and the disappointment could be big , imagine the price dropping ( and it is not an outlandish scenario , right) and all of the analysts eating their baseball caps without salt Smiley
historically , the price goes up , but we are in a different period of maturity of bitcoin and the things could change , this could be the first halving when the price drops!  Cheesy
well , just kidding , , realistically , it should increase even if ever so slightly at first
as soon as the less efficient miners stop operations and selling coins , the price should go up because of the supply/demand if nothing else
do not discount black swans that can happen , we are on a brink of war nowadays - who knows what the future brings

There is an old saying here on forum, when you see a hype sell, when you see people panic than you buy. Hype around the halving started months ago, and there is 6 more months to go! And big yes, some people expect too much from halving, we can see that by the comments and topics here, but not just here! I think that most people will be disappointed when bitcoin price don't make a significant move, and it probably won't, at least not right after the halving. Some serious increase will happen months after halving, it was like that in 2012 and 2016, we will see what will happen this time, but most likely is that we will not see big pump before 2021.

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January 16, 2020, 03:14:34 AM
 #49

Such threads gonna lead to more speculation which in turn will make people FOMO and this would lead to a price rise. I don't think that this rise will halving as the basis. It will be more of euphoric rise. People speculating and buying in. Halving is indeed a big thing for Bitcoin but it won't matter much if you only focus on supply and demand. But the price prediction surrounding it can change the sentiments to the great extent.
You can easily tell that what is happening right now is due to hype, when the price increases because there is a higher demand we see a slow growth similar to what we so at the beginning of the previous year but when the price increases just because of speculation then we see an explosive growth and it is precisely because of this reason that I'm not convinced the growth that we are experimenting is going to last long and most likely a correction is coming.
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January 16, 2020, 09:58:38 AM
 #50

I'm not sure bitcoin will reach $ 14k before May. because right now the price of bitcoin is still stable at $ 8k. to be $ 14k means that bitcoin has to increase by around 70%. to be able to go up high of course there must be a strong push that causes the price of bitcoin to increase. hopefully the next 4 months there is good news that can push the increase in bitcoin.

 
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January 16, 2020, 10:23:58 AM
 #51

very sceptical of all the predictions and hype around the halving and the potential bull run
people expect too much of it and the disappointment could be big , imagine the price dropping ( and it is not an outlandish scenario , right) and all of the analysts eating their baseball caps without salt Smiley
historically , the price goes up , but we are in a different period of maturity of bitcoin and the things could change , this could be the first halving when the price drops!  Cheesy
well , just kidding , , realistically , it should increase even if ever so slightly at first
as soon as the less efficient miners stop operations and selling coins , the price should go up because of the supply/demand if nothing else
do not discount black swans that can happen , we are on a brink of war nowadays - who knows what the future brings

I do think that we can still goes for another all-time-high, but this time, it will take more time as compare to the previous bull runs we have right after halving. Yes, investors mature and no longer irrational as they gain experience specially if they have been in crypto in 2017.

But I'm sure all-time-high is achievable maybe 2021-2023. BSV or at least CSW is no longer a threat, maybe it can have a negative impact but in the long run, the market will just forget about them and it will run its normal course.

R


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January 16, 2020, 03:17:58 PM
 #52

Its really hard to know if the price will rise before the halving but if you will go on halving chart you will noticed that every bitcoin halving happen the price always rise up so in other words this is a good sign for bitcoin and all its holder.

Yes, bitcoin halving has seen price rise and this is why bitcoin is now at this price range of 7k - 8k in fluctuation.
Therefore, with the expected halving, after the new ATH that might be reached, we could now see price stability maybe at 10k - 11k range or 15k-20k range because we are going to have some more demand greater than we have now.
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January 16, 2020, 03:48:16 PM
 #53

I'm not sure bitcoin will reach $ 14k before May. because right now the price of bitcoin is still stable at $ 8k. to be $ 14k means that bitcoin has to increase by around 70%. to be able to go up high of course there must be a strong push that causes the price of bitcoin to increase. hopefully the next 4 months there is good news that can push the increase in bitcoin.
What kind of news are you expecting to help bitcoin rise in price? We have a very active market right now, with us going to halving in mid-May. And I'm sure this is the best news Bitcoin has this year, the price of bitcoin has increased by more than 20% in the past month and so 70% in the next few months is workable. Let's see what will happen in the next few months for bitcoin and this market

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January 21, 2020, 02:51:36 AM
 #54

I'm not sure bitcoin will reach $ 14k before May. because right now the price of bitcoin is still stable at $ 8k. to be $ 14k means that bitcoin has to increase by around 70%. to be able to go up high of course there must be a strong push that causes the price of bitcoin to increase. hopefully the next 4 months there is good news that can push the increase in bitcoin.
All of those that want that history repeats itself are just showing that they would like for the opportunity to make money in the markets to appear again but they want that everything happens in the same way so they can maximize their profits and such people will never make money because that is not possible, if you want to make money then you need to be able to deal with the seemingly random nature of the markets since you never know what the price will do next with any degree of certainty.
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January 21, 2020, 12:17:30 PM
 #55

Of course that is possible but just like other speculation, there's no assurance, it could happen or maybe not. If you will think, $14k is achievable within that time span before halving but, as you can see base on current situation there's no continues rise. Situation like this could possibly happen again along the way that could interrupt our interest in reaching $14k before halving. Btc is capable of increasing big in a short period of time but we don't know when it's going to happen.
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January 21, 2020, 12:19:49 PM
 #56

$14,000 before May would do very nicely but I’m sceptical. I think we’ll have to wait until post halving for this kind of price, maybe Q4 2020.

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January 21, 2020, 12:22:03 PM
 #57

Let's hope that the trend will come into reality, after a bearish period for most part of the last 2 years, I think price have already dip and there's a reason for it to rise again, and this halving is possible a game changer for the market this year.

I am counting on that possibility, so I am betting we will be seeing $14000 up this year.

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sheenshane
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January 21, 2020, 12:35:26 PM
 #58

$14,000 before May would do very nicely but I’m sceptical. I think we’ll have to wait until post halving for this kind of price, maybe Q4 2020.
If we compare the previous price on the result after the next halving come (the first and second halving) they are all successfully rising up after the reward halving effectively happened. So, probably at that time (Q4 of this year) bitcoin price will raise up and repeat itself as what happens on those previous events.

But we can't predict this, theories and speculations were still going on and there is a negative and positive side discussion on it but the fact, no one knows. Let's wait on it and let the time will reveal the truth, at least we are ready and done accumulating.
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January 21, 2020, 06:16:57 PM
 #59

I am not part of investing with bitcoin but I really want bitcoin can back with higher price because I still bigger hope for bitcoin during with higher price can give motivate and new way to make altcoin raise to higher price too, I can't imagine looking for altcoin could raising to higher price without bitcoin keep stable with on the top price.

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batang_bitcoin
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January 21, 2020, 08:18:42 PM
 #60

I am not part of investing with bitcoin but I really want bitcoin can back with higher price because I still bigger hope for bitcoin during with higher price can give motivate and new way to make altcoin raise to higher price too, I can't imagine looking for altcoin could raising to higher price without bitcoin keep stable with on the top price.
You can wish that but you might miss the train if you don't have bitcoins and you're only relying to altcoins. Start saving some bitcoins now while not disposing your altcoins or you have an option to do that if you want as long as you have bitcoin. It might take several months but there could also be some surprising moments as we're waiting for that time. And there's also a tendency that bitcoin might cause plummet to most altcoins while it's rising so think of it.



 

 

 

 

 

 


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