Bitcoin going beyond $14,000 before May, history repeating itself

[Wexlike]

$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.

But it probably will be a slower rise, and don't expect new all time highs this year. Could be a slow 2017 rise, or even slower.

[Kelvinid]

$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.

But it probably will be a slower rise, and don't expect new all time highs this year. Could be a slow 2017 rise, or even slower.

Probably we have a different market trend than previous halves.
$14k projected for May is still a long way for crypto to move before we achieve it but giving in to the doubt that we can get it since most prices rise after halving. Anyway, we are not disclosing it for any possibilities for a surprise price strike and we are hopeful about that but we don't have to expect it nor to think that the market will run smoothly, straight highs cause it surely we experience some downfalls along the way. And that is the reality in crypto.

[Jating]

$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.

But it probably will be a slower rise, and don't expect new all time highs this year. Could be a slow 2017 rise, or even slower.

Then we should wait for 2021 bull run then. I'm also a bit skeptical to see a dramatic rise this year. If people are thinking because of the halving then we need to reconsider that during 2016 halving, the price didn't just pump, it took a full year to finally see a bullish trend.

So 2020 will be a slow ascend, and then followed by bullish run in 2021 if history are going to repeat itself, just saying.

[CryptoBry]

We are always assuming of the possibility of history repeating itself because we can easily go back then in time and see what happened but of course in reality there will always be differences and there will be no guarantee whatsoever, much more with a very volatile asset like Bitcoin. However, if more and more people will be convinced that something can happen in the way it should be then who knows things can be considered as just self-fulfilling predictions. I am not complaining though if the same thing can happen with Bitcoin due to the power of the coming halving around May 2020 which is fast approaching actually. Right now, Bitcoin is moving and there is a big chance for some more bullish days ahead of us and we are still in January.

[Getmon]

It is with high probability that Bitcoin will hit $14,000 before May. And this is not just about history repeating itself. Bitcoin will always be rising and falling. It is not surprising if Bitcoin will get back to $14,000 once again. It has already been there at least a couple of times in the past so it is bound to happen again.

[SlamDunkIT]

History repeating itself is probably inaccurate. You're talking about a cycle repeating here but you're only using 2 past instances -- which is the bare minimum to establish any sort of cyclical pattern.

I've no doubt halving, along with every other aspect of Bitcoin's design -- difficulty adjustment, fixed supply, fee structure, among others -- will all contribute to a gradual increase in valuation. Halving's just part of this scarcity and deflationary model.

BTC will have an all time low in new supply and a healthy, steadily growing ecosystem in the mainstream, so we are in new territory never seen before. 

[killerfrost]

Most likely bitcoin will reach $ 14000-15000 before May because after halving is successful I think all investors will sell and make a profit. Like LTC in 2019, the price Fomo went up very high before halving but soon the price quickly fell. And this time for bitcoin I think it will move in a similar way, buying bitcoin now and selling it before halving starts would be a good strategy.

[magneto]

I mean, extrapolating past trends into the future is not always an accurate means of prediction.

I'd say that it is more than likely we're going to see a bull run, there's little doubt about that because of the fact that BTC is indeed based on these 4 year market cycles that drives its pricing, and that we're just out of a bear market that spanned 2 or so years.

But to state the magnitude of the upcoming bull run based on past data is quite inaccurate, imo, because of the fact that the market is nowhere near as immature as it was a couple of years back and as a result, not as volatile. It also has a larger market cap which makes it harder to move.

[xvids]

I think the price would increase between Q1 and Q2.
I expect that it would be around Q1-Q2  to see the start of the Bitcoin price rise up.
But I also expect the price to drop down after the halving.

[karanggatak]

I doubt bitcoin can reach $ 14k before May because at the end of January the price of bitcoin is still stable at $ 8,800. my target of bitcoin will be to reach $ 10k before being reduced by half in May. and my prediction at the end of this year is that bitcoin will reach $ 15k. it is very difficult to predict the price of bitcoin everything is possible in the bitcoin market.

[kapalmabur]

It is with high probability that Bitcoin will hit $14,000 before May. And this is not just about history repeating itself. Bitcoin will always be rising and falling. It is not surprising if Bitcoin will get back to $14,000 once again. It has already been there at least a couple of times in the past so it is bound to happen again.

the potential to repeat history is possible, because the difference between Bitcoin this year and years ago is mass adoption, we know that crypto currencies are now widely adopted by countries and large companies, the Bank has also accepted Bitcoin, this makes the bull trend come

[mirakal]

I like to believe that it will happen, so I am getting ready for that, price going beyond $14,000 is a good sign for the market as it's close to its new high and when there is a bull run, price moving crazy and very unpredictable.

certainly everyone who experience misses that, that's why it's still in our mind now and even with a sudden pump, we already think it's the start of the bull run, and that's why we were also abuse by the whales because they know what we are thinking.

anyway, I'll go with the flow, when btc hit that price, might dump some but will sell all my holding once a new ATH is achieve. , that's a promise.

[moviebuff777]

I think the deflationary nature of Bitcoin will make it more valuable because of scarcity. I expect the price to continue to rise compared to inflationary currency.

[Getmon]

It is with high probability that Bitcoin will hit $14,000 before May. And this is not just about history repeating itself. Bitcoin will always be rising and falling. It is not surprising if Bitcoin will get back to $14,000 once again. It has already been there at least a couple of times in the past so it is bound to happen again.

the potential to repeat history is possible, because the difference between Bitcoin this year and years ago is mass adoption, we know that crypto currencies are now widely adopted by countries and large companies, the Bank has also accepted Bitcoin, this makes the bull trend come

That's exactly what I am saying. It does not have anything to do with the reasoning that since it occurred at this particular time in the past, it will also occur this time around. It is simply about Bitcoin gaining traction in terms of adoption around the world. It is about Bitcoin gaining more and more followers, users, and investors. It is about Bitcoin having no other direction really but upwards. So all those past high prices will naturally be achieved once again in the future, although we do not really know when exactly that will happen.

[Divinespark]

I think the price would increase between Q1 and Q2.
I expect that it would be around Q1-Q2  to see the start of the Bitcoin price rise up.
But I also expect the price to drop down after the halving.

Why do you expect prices to fall after halving? It is better that prices can be reduced now so people can buy more Bitcoin and wait for halving. I firmly believe that after halving occurs, the price of bitcoin will be much higher than now, from now until May is the best opportunity for us to buy BTC and hold, the current price is definitely for the lowest this year

[mahilchii]

I don't think that BTC might reach 14k till May. The prices of up and down every day this year could be an Impact of Chinese New year who knows, Even if it reaches 14k that's not a surprise for me because it has did in the past. Everyone are very keen on halving and lot of speculation reveals we can make good profit if we start investing now and I too believe this strategy will work. Let's believe in crypto for a good future that's all I can say guys...

[Kyraishi]

I wouldn't say that it's impossible, but it's unlikely for sure.

I don't doubt that BTC will breakout at some stage during the year. However, I doubt that prices are going to rally significantly ex ante the halving. In fact, the majority of the growth in price has come post-halving, and around 1-2 years after the halving is when we generally see the peak in BTC price growth.

So even if history holds up this time, it's very unlikely that we'll see significant rallies this early on.

[Landak]

could be yes and could be no. I'm used to seeing predictions with analysis like this but in the end it won't necessarily happen as expected.
although it does not mean this is not possible, everything can happen if there are determinants later.

[Savemore]

I like to believe that it will happen, so I am getting ready for that, price going beyond $14,000 is a good sign for the market as it's close to its new high and when there is a bull run, price moving crazy and very unpredictable.

certainly everyone who experience misses that, that's why it's still in our mind now and even with a sudden pump, we already think it's the start of the bull run, and that's why we were also abuse by the whales because they know what we are thinking.

anyway, I'll go with the flow, when btc hit that price, might dump some but will sell all my holding once a new ATH is achieve. , that's a promise.

There is assumption in technical analysis which is history may repeat itself and the possibility is really high, as long as the market will continue to become a uptrend, there is always possibility that the price of bitcoin may reach $14000 per each before the month of May.
The momentum of bitcoin is becoming more strong, the correction is already finished so we should now expect that there will be a momentum moves but we should also expect that there will be pullbacks and retrace so we should be careful on entering the trade.

[davinchi]

I wish this was true but bitcoin is volatile once again, yet of course it is bitcoin we are talking about so anything could happen really.

Anyone here thinks that bitcoin "could" have reached $14k if it kept going up but now that it got stable again and all that volatility of $7k to $9k to $8.5k etc etc things that happened hurt the price? I personally would rather pick a slower and more stable increase over these insane movements, sure it is great to get from almost under $7k levels to over $9k all the time but when you do that so quickly, the people who have sell orders start getting their orders executed and you do not give them enough time to remove those in order get higher. Anyway, let's hope that $14k is still in the books, even if not before may, at least before 2021.