Any further forecast?

[electronicash]

you should be checking the weekly chart of BTC/USDT because i believe it would have to be higher than 10K before we see some dumps. i could be wrong with this. but if there will be dumps, its just bits. these dumps won't even go below 8k due to strong support. and i really believe the near halving is what drives this price. nothing more technical i can give as i'm not that of an expert but weekly charts is too far from signaling me to short.

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[Wysi]

As your topic, this market is unpredictable and no one knows the future. But you still want to listen to the opinions of people here? They, like you, cannot know for sure whether the market has uptrend or not. We only know when things have happened, so don't ask such useless questions. It is better to buy bitcoin if you trust it in the future

Well everyone is aware that the market is unpredictable but the reason I wanted to know their opinion is for the fact that we could compare of further plans with the other user's plan because most of us have been into crypto for years now and using their opinion we could understand where our thoughts sync and what difference do we have from other when it comes to future.  If you find this useless you could have ignored it because now we got one useless post in my thread.

[Kyraishi]

People says that the bearish market is over but still some feels that it's a bull trap there will be one more dump before halving, some of them even believes that the bull run has already started. I know the market is unpredictable and nothing can be taken into consideration when it comes to predictions but kindly vouch your opinions about current market.

I'm not sure if you can call it "traps".

But if you're talking about corrections, then for sure. Whenever prices rise significantly over a short period of time you should expect to have short term adjustments in price, even if the underlying fundamentals and sentiment doesn't change. For instance, we've seen BTC adjust from $8.2k to under $8k momentarily as it prepared for the next pump.

Markets are going to get increasingly bullish. That's all there is to it.

[sunsilk]

Still a bull trap? we came from $13,000 then it went down for $6,000 and still the current rise now is being determined as a bull trap? Yes, we can't be sure if it's the actual run or not prior to halving but you should focus on yourself and the price that you should be picking more bitcoin.

It's all worth it when the right time comes because you'll eventually see the profits that you will make when you have already decided to buy before you see the bullish turn of the market. No need for any forecast, determine yourself if you are a long term holder then just do it. But if you are a short term trader, it's also a good time for you to stack while you can.

[dunfida]

People says that the bearish market is over but still some feels that it's a bull trap there will be one more dump before halving, some of them even believes that the bull run has already started. I know the market is unpredictable and nothing can be taken into consideration when it comes to predictions but kindly vouch your opinions about current market.

No knows yet market is unpredictable and either this one is already the start of the bull run or just a trap.We would eventually know on what really it is as we move forward.

Hardest thing when we do trade up specially on short or long positions unless if you do hold for long term then these moving prices wont really be an issue.
If you are into active ones then reading up some news or sentiments would be useful but be careful on listening directly yet it would be either a fud or shills.

[Yamifoud]

To be honest, it can consider a trap to those investors who buy during hypes but this is not what it traps to be. Knowing how volatile we are, they should anticipate first before a worse thing to happen and realizing that buying crypto during hypes is not really a good idea.

Well, we gonna expect that the market will work the same as what the previous halving is done. Most of us think for another ATH which I believe that it will come sooner but still, we can't think of 100% assurance nor to see that it will take another 2017.

[posi]

People says that the bearish market is over but still some feels that it's a bull trap there will be one more dump before halving, some of them even believes that the bull run has already started. I know the market is unpredictable and nothing can be taken into consideration when it comes to predictions but kindly vouch your opinions about current market.

The bearish market is not yet over neither is the bull run market is alive yet but the current market is just pre-preparation market for the upcoming bitcoin halving and it will be after halving before the real bull run will happen.

[goinmerry]

People says that the bearish market is over but still some feels that it's a bull trap there will be one more dump before halving, some of them even believes that the bull run has already started. I know the market is unpredictable and nothing can be taken into consideration when it comes to predictions but kindly vouch your opinions about current market.

The bear market is already over when bitcoin price gained momentum after bouncing up at its hard bottom last year. Even we experienced the $14,000 to $7,000 last year, still, it can't be considered as bearish market but rather retracement as we all know that growth is not strong and anytime a crash will follow.

About the current situation, there are things we can look at where this increase started. Basically, this is not a bull run but rather people react following those recent events around the globe. I also believed that this increase is not because of the halving.

For prediction, just trust your own thoughts.

[Soots]

People says that the bearish market is over but still some feels that it's a bull trap there will be one more dump before halving, some of them even believes that the bull run has already started. I know the market is unpredictable and nothing can be taken into consideration when it comes to predictions but kindly vouch your opinions about current market.

The bearish market is not yet over neither is the bull run market is alive yet but the current market is just pre-preparation market for the upcoming bitcoin halving and it will be after halving before the real bull run will happen.

It could have the possibility of sudden fall, when this price will continuously pump and stabilized at top price. Just like the previous year of 2019, bitcoin value became so intense when remarkable increase hit off the marks but eventually breakdown so fast. The upcoming halving had been an most awaited part here, so by now let's wait and see any further updates to come anytime.

[barabarian1]

everyone has a different analysis and prediction regarding the price of the next bitcoin. I agree with predictions saying that there is a high chance that bitcoin will dump again before it halves. because right now we are still in the middle of January and bitcoin will be reduced by half in May. for 4 months waiting I'm not sure bitcoin will continue to increase. there are times when bitcoin will go down again.

[inanilujimi]

Nobody really predicts the market right, for me about the current market take advantage of luck in order to produce.
Just do your own research because any theory doesn't really help.

[Faxmate]

Nobody really predicts the market right, for me about the current market take advantage of luck in order to produce.
Just do your own research because any theory doesn't really help.

We should make our own research and keep eyes on market price be in touch with other investors and chat with them so we can share about real information about rise and fall of price. I think future is going to be bright because increasing number of investment will make people's thinking wise they will hold and wait no one know long will be taken to earn profit actually.  Prediction can be true or false so make sure to hold and wait.

[Hamphser]

everyone has a different analysis and prediction regarding the price of the next bitcoin. I agree with predictions saying that there is a high chance that bitcoin will dump again before it halves. because right now we are still in the middle of January and bitcoin will be reduced by half in May. for 4 months waiting I'm not sure bitcoin will continue to increase. there are times when bitcoin will go down again.

What you just said probably be true because that is how the market really works but i don't think the bitcoin halving this May will start to dump to make a bull run. It is expected that bull market will happen next year. Despite of what the people keep on hyping this will not going to make the market to be more bullish.

[karanggatak]

I also think the bear market is not over yet because my hunch is most likely bitcoin will dump again before it halves. in my opinion the pope will manipulate the market and make bitcoin prices dump again so they can buy bitcoin cheaply before bitcoin is reduced by half. honestly it is very difficult to predict the price of bitcoin but I really hope that 2020 is the year of victory for bitcoin and cryptocurrency.

[Free1bitco.in]

Nobody really predicts the market right, for me about the current market take advantage of luck in order to produce.
Just do your own research because any theory doesn't really help.

basically the price speculation is never right, it just guesses from the available information. however, the current price of bitcoin is predicted to exceed $ 9k at the end of this month or higher. it is predicted that the potential of bitcoin this year is really huge, driven by halving, and other things. $ 10k, $ 15k, and $ 20k, that is a forecast

[Natalim]

It's still very early to say that the bear market is already over, maybe let's just observe the first quarter of the year first.
The market last year was more bearish than bullish but we had some good bullish times which if we took advantage we can make profit.

I know we like a super bullish like 2017, of course it could happen and let's hope this is the right year as halving brings hype to the market.

[Rasa nanas]

in my opinion this is just an ordinary price increase and has nothing to do with the bull. today I look at the market and it seems that bitcoin has lost its impetus to break through $ 9k, and it is likely that the price of bitcoin will drop again to the initial price of around $ 7k.

[Fatunad]

in my opinion this is just an ordinary price increase and has nothing to do with the bull. today I look at the market and it seems that bitcoin has lost its impetus to break through $ 9k, and it is likely that the price of bitcoin will drop again to the initial price of around $ 7k.

Price increase is always be the first step for the bullrun or if not It could only be some investors trying to buy more btc. Just a slight pull back of the price then you have judged the next movement of btc already. Check it out in the market today btc is back up again with $8,700 level. $7,000 is way too deep to go back for now because btc is closely approaching the halving.

[Gozie51]

and it is likely that the price of bitcoin will drop again to the initial price of around $ 7k.

Depending on the time or month that it will get back to $7k. If it is this January, then I don't see it as much of a drop because there is all hope it will rise again but if that comes after halving, then it won't sound nice and it might even go further deep.

[bluebit25]

in my opinion this is just an ordinary price increase and has nothing to do with the bull. today I look at the market and it seems that bitcoin has lost its impetus to break through $ 9k, and it is likely that the price of bitcoin will drop again to the initial price of around $ 7k.

Today bitcoin has surpassed $ 9,000, but unfortunately this is a very stiff resistance area and bitcoin cannot sustain at this price, the price quickly went down to $ 8800 again. But I believe the bitcoin price will go up again and break it. There are not too many chances for bitcoin to fall below $ 7000 this year, halving has come very close and certainly in the near future there will be a lot of fomo investors entering this market.