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Author Topic: Bitcoin going beyond $14,000 before May, history repeating itself  (Read 949 times)
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January 24, 2020, 01:54:43 AM
 #81

Indeed, great things have come to us somehow before and even higher than $14,000. Has this thing meant achievable this year? Absolutely, there is but we have to wait it and keep believing. The halving event will be in May, and we take a look at the past halving usually price soars high a few months after which I may think that $14k is yet to be considered as achievable but not before May.

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January 24, 2020, 06:07:12 AM
 #82

Indeed, great things have come to us somehow before and even higher than $14,000. Has this thing meant achievable this year? Absolutely, there is but we have to wait it and keep believing. The halving event will be in May, and we take a look at the past halving usually price soars high a few months after which I may think that $14k is yet to be considered as achievable but not before May.
expectations this year are indeed quite large compared to the previous year. at the moment I don't see the possibility that bitcoin prices can reach those prices before halving, but the potential price increase might occur before the month of May, that's because after halving, mining bitcoin becomes a little longer, so most investors will stock bitcoin, it might be able triggering prices to approach $ 14,000.

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January 24, 2020, 07:28:02 AM
 #83

seems like this Hope is not coming the right way because now we are seeing the downfall again of crypto specially Bitcoin.
since yesterday all we see is Negative percentage until now and it is alarming specially for those weak hands that might get panicking and sell our their coins.
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.
nothing is particular in speculation mate that is why it is speculative because non are certain.
but if we are supporters and we believe in future and not just quick profit?then we can stand this scenarios towards profiting future.

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January 24, 2020, 08:15:41 AM
 #84

actually i believe that Halving will Give us all positive outcome but i don't wanna exaggerate on matter because we have seen the power of the whales to make things different from our perspectives .

Those who believe that coin halving will have some impact on bitcoin price are busy in buying bitcoin at current dip. I don't think history repeat itself again and again. If bitcoin goes above 10k$ there will be not many who will buy bitcoin, seeing the real world usage or adoption rate.
what?10k$?lol if the market continue to grow before or just after the halving for sure even if this value goes 12k$ people will surely Buy more.and we have seen the last Halving ,those who did not bought before september regret their decisions .
One of the assumption of technical analysis is that history repeat itself so there is really a possibility that the price of the bitcoin can reach its previous price again. The halving can become a factor to the boost of the price of the bitcoin, there are now many investors that are waiting to the halving because they are aware to the features that bitcoin can acquire after that halving.
Possibilities doesn't mean that we are having assurance of its occurence. It is reallh possible that there might be a halving since we have gone through continuous downfall before but the problem is knowing when will it happen. Positive marks are now observable in the market but I don't think it is an enough sign to tell us recovery will come soon. Maybe, it is too soon to assume for the occurence of such thing and waiting for a little longer would be more advisable.
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January 24, 2020, 02:51:51 PM
 #85

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...
The Chinese New year would surely have significant impact on the price of bitcoin in Q1 we all aware that annual celebration of that event is always synonymous with a price drop of bitcoin definitely this year wouldn't be an exception, the much talk about price reaching $14K should be aftermath of the halving from my own point of view thereafter the price might head to to higher price mark.

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January 24, 2020, 03:35:28 PM
 #86

I have checked what the cost of mining is for many corporations recently, I have seen that from best of zero basically because they don't need to pay electricity to average of $5k and even at highest levels it is close to 6k and that is literally small timer bad bill prices etc, anyone above are basically just individuals and not a whole lot of things going on there.

It basically tells me we are talking about how the mining will make sure it is going higher however there are huge corporations that mine for $3k-$4k right now, even at the double rate of that its $6k-$8k prices we are talking about for the cost of mining bitcoin, I am not saying price should stay like this but that is already very close as it is right now. Think about it, if price stays around these levels, miners would still make money, at least the rich whale huge corporation miners would still make money, maybe halving doesn't have to increase the price at all.

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January 24, 2020, 03:44:59 PM
 #87

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...
The Chinese New year would surely have significant impact on the price of bitcoin in Q1 we all aware that annual celebration of that event is always synonymous with a price drop of bitcoin definitely this year wouldn't be an exception, the much talk about price reaching $14K should be aftermath of the halving from my own point of view thereafter the price might head to to higher price mark.

Look at the price righy now its already bounce after touching the 8200+ level thats why I believe that chinese new year bring bitcoin to bounce but I'm expecting to drop at 8500 to $8600.
But I'm still hoping that OP predictiob will come true this coming May.

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January 24, 2020, 03:52:06 PM
 #88

We already reached that price last year, so I think people will just say it is just normal to go back there.
Exceeding that amount though could make another hype.
Good point.  And bitcoin has already been above $20k, so anything below that most likely won't kick off a crazy bull market like we saw in 2017.

I agree with your second statement fully.  Right now bitcoin has been pooped out for months, and even if it reached $14k that would still be some pretty good progress and would no doubt spark people's interest in it again.  Nothing brings people into the market like rising prices, though that can be dangerous.

Anyway, $14k before May might be good.  That's less than a doubling over the course of four months, and I don't think that's too steep a rise as to be unsustainable as long as it doesn't keep skyrocketing.  But honestly I'd be more than happy if bitcoin just got back to $10k by May.

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January 24, 2020, 04:43:09 PM
 #89

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...
The Chinese New year would surely have significant impact on the price of bitcoin in Q1 we all aware that annual celebration of that event is always synonymous with a price drop of bitcoin definitely this year wouldn't be an exception, the much talk about price reaching $14K should be aftermath of the halving from my own point of view thereafter the price might head to to higher price mark.

Look at the price righy now its already bounce after touching the 8200+ level thats why I believe that chinese new year bring bitcoin to bounce but I'm expecting to drop at 8500 to $8600.
But I'm still hoping that OP predictiob will come true this coming May.

I doubt that Chinese New Year has anything to do with this. 'Cause may be it is just natural circumstances that price are bouncing off after gradually decreasing, and we just bring some events to justify on what's happening in the market which is on the other hand could be one of the many factors existing, worse ain't even have any effect.

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January 24, 2020, 06:22:28 PM
 #90

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...
The Chinese New year would surely have significant impact on the price of bitcoin in Q1 we all aware that annual celebration of that event is always synonymous with a price drop of bitcoin definitely this year wouldn't be an exception, the much talk about price reaching $14K should be aftermath of the halving from my own point of view thereafter the price might head to to higher price mark.

Look at the price righy now its already bounce after touching the 8200+ level thats why I believe that chinese new year bring bitcoin to bounce but I'm expecting to drop at 8500 to $8600.
But I'm still hoping that OP predictiob will come true this coming May.

I doubt that Chinese New Year has anything to do with this. 'Cause may be it is just natural circumstances that price are bouncing off after gradually decreasing, and we just bring some events to justify on what's happening in the market which is on the other hand could be one of the many factors existing, worse ain't even have any effect.
You look afraid with Chinese new year because bitcoin can going to lower price, but I keep optimist bitcoin always have higher price although what ever bad news but bitcoin keep strong, now we are waiting how most effective change of bitcoin halving make fantastic price for bitcoin become most expensive commodity price.

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January 24, 2020, 06:50:12 PM
 #91

This current situation of bitcoins price isn't predictable at all since it's decreased the past few days, I don't know if it will increase in the next few weeks or the price will be stable at this range. I think it might reach 14k$ after the halving and not before it, that's my prediction for now.
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January 24, 2020, 10:44:15 PM
 #92

I'd love to hear and seeing that will be going to happen but the question is, is the market seems to be like that? No question about its capability but the thing that we should have to look for and consider most is if the market is having such resistance to normally pump and not by just because of the hypes. Because if we look at its market resistance, in a certain thing that it won't be enough to move that market to that high.

And by that, I'm not confident enough to see Bitcoin reach at $14k before May. It can be possible to see it this year as we still have enough time for market recovery.



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January 25, 2020, 02:36:41 AM
 #93

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.
14k before the halving does not seem possible to me, when the price reached 14k during last year that was a great surprise, no one was expecting that the price will go so high and that is why it happened, now that everyone is expecting the market to go up I do not believe it will happen, the whales are not going to allow that everyone makes money except themselves and if they have to manipulate the market to get their way then they are going to do it, and they will force the price to go down and make a lot of people to lose money as result of this move.
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January 25, 2020, 07:52:43 AM
 #94

I'd love to hear and seeing that will be going to happen but the question is, is the market seems to be like that? No question about its capability but the thing that we should have to look for and consider most is if the market is having such resistance to normally pump and not by just because of the hypes. Because if we look at its market resistance, in a certain thing that it won't be enough to move that market to that high.

And by that, I'm not confident enough to see Bitcoin reach at $14k before May. It can be possible to see it this year as we still have enough time for market recovery.

Me either, it always seems like there is a wall ahead.
But it is being broken in time. It ain't like before where it moves by thousands. Now, it just go by hundreds for every week and that is a good sign.

May though is a different story. $14k might be really reachable. If we look at the market now the pacing is getting faster. Moves up and down without any events going on. Back to being a super volatile bitcoin.
I really though it would go $9k and it will be the bottom. Who knows, January ain't done yet.

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January 25, 2020, 08:20:27 AM
 #95

I doubt that Chinese New Year has anything to do with this. 'Cause may be it is just natural circumstances that price are bouncing off after gradually decreasing, and we just bring some events to justify on what's happening in the market which is on the other hand could be one of the many factors existing, worse ain't even have any effect.
You look afraid with Chinese new year because bitcoin can going to lower price, but I keep optimist bitcoin always have higher price although what ever bad news but bitcoin keep strong, now we are waiting how most effective change of bitcoin halving make fantastic price for bitcoin become most expensive commodity price.
He didn't sound afraid, he only wanted to point out that the Chinese New Year most likely shouldn't have an effect to the price of Bitcoin. And I agree if there would be a significant change during these days it'll just be a coincidence because looking back at the price of Bitcoin in the previous years there's barely any pattern we could notice.

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January 25, 2020, 10:58:42 AM
 #96

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...
The Chinese New year would surely have significant impact on the price of bitcoin in Q1 we all aware that annual celebration of that event is always synonymous with a price drop of bitcoin definitely this year wouldn't be an exception, the much talk about price reaching $14K should be aftermath of the halving from my own point of view thereafter the price might head to to higher price mark.

Look at the price righy now its already bounce after touching the 8200+ level thats why I believe that chinese new year bring bitcoin to bounce but I'm expecting to drop at 8500 to $8600.
But I'm still hoping that OP predictiob will come true this coming May.

I doubt that Chinese New Year has anything to do with this. 'Cause may be it is just natural circumstances that price are bouncing off after gradually decreasing, and we just bring some events to justify on what's happening in the market which is on the other hand could be one of the many factors existing, worse ain't even have any effect.
You look afraid with Chinese new year because bitcoin can going to lower price, but I keep optimist bitcoin always have higher price although what ever bad news but bitcoin keep strong, now we are waiting how most effective change of bitcoin halving make fantastic price for bitcoin become most expensive commodity price.
Bitcoin has won many battles already and it is fine to be optimistic because bitcoin can be trusted no matter the bad news there is because bitcoin is created to be strong. A lot of factors may affect bitcoin's price it can be a worlwide event, a world crisis, scam news or whatever but no matter what it is bitcoin will surely bounce back all the times.
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January 25, 2020, 11:24:26 AM
 #97

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...
The Chinese New year would surely have significant impact on the price of bitcoin in Q1 we all aware that annual celebration of that event is always synonymous with a price drop of bitcoin definitely this year wouldn't be an exception, the much talk about price reaching $14K should be aftermath of the halving from my own point of view thereafter the price might head to to higher price mark.

Look at the price righy now its already bounce after touching the 8200+ level thats why I believe that chinese new year bring bitcoin to bounce but I'm expecting to drop at 8500 to $8600.
But I'm still hoping that OP predictiob will come true this coming May.

I doubt that Chinese New Year has anything to do with this. 'Cause may be it is just natural circumstances that price are bouncing off after gradually decreasing, and we just bring some events to justify on what's happening in the market which is on the other hand could be one of the many factors existing, worse ain't even have any effect.
You look afraid with Chinese new year because bitcoin can going to lower price, but I keep optimist bitcoin always have higher price although what ever bad news but bitcoin keep strong, now we are waiting how most effective change of bitcoin halving make fantastic price for bitcoin become most expensive commodity price.
Bitcoin has won many battles already and it is fine to be optimistic because bitcoin can be trusted no matter the bad news there is because bitcoin is created to be strong. A lot of factors may affect bitcoin's price it can be a worlwide event, a world crisis, scam news or whatever but no matter what it is bitcoin will surely bounce back all the times.

Right but actually eventhough it happen but still doesn't guarantee anything since as we see on the several months the price got dump so hard and the unpredictability of the Bitcoin still a mystery so maybe we can get a different result since the demand is different what compare on the previous years and I think the hype is strong way back those unlike today where many people are still scared.

R


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