BTC and ETH on their 2 years high

[grizmoblust]

Right now the market is really volatile, but one thing I always see is when bitcoin goes down it will really have a big impact on altcoins even though bitcoin only goes down a bit. Ethereum did go up but the current shipping costs are so expensive, I hope they can go up without increasing shipping costs. Of course this year will be a year of really many corrections in the market and everyone should be careful when trading

If the price of Bitcoin fell, then the entire crypto market would follow and this has become all too familiar. I think based on what's going on, this is a good time to consider investing, but you should sell when it's profitable because nothing is certain. I am investing in a lot of new projects during this time but I am not always making a good profit because the price of Bitcoin changes every minute.

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[husencoe]

I think the price of BTC and ETH will continue to increase significantly in the future, and I think that by the end of 2020 the price of BTC and other altcoins will increase just like the end of 2017.

[Silberman]

Bitcoin is steadily increasing over time, quietly reaching 11.8K today, highest price for last two years. Ethereum's rise is much sudden and higher against BTC, it's traded at upto $430+ today, it's highest for last two years. Where do you see the market heading? would there still be bullish ride or there ought to be an immediate correction?

We are in a decisive moment in the market, just a few days ago the market seemed to be unstoppable and yet after just a few days things have changed dramatically, we have to see if the market has enough strong hands to support the current price, if we don't then it is possible that the price could keep going down during the next days and weeks and all the progress that we made during their recent weeks will be lost relatively quickly and all the DeFi hype dies with it as well.

[Danslip]

Bitcoin is steadily increasing over time, quietly reaching 11.8K today, highest price for last two years. Ethereum's rise is much sudden and higher against BTC, it's traded at upto $430+ today, it's highest for last two years. Where do you see the market heading? would there still be bullish ride or there ought to be an immediate correction?

We are in a decisive moment in the market, just a few days ago the market seemed to be unstoppable and yet after just a few days things have changed dramatically, we have to see if the market has enough strong hands to support the current price, if we don't then it is possible that the price could keep going down during the next days and weeks and all the progress that we made during their recent weeks will be lost relatively quickly and all the DeFi hype dies with it as well.

The illusional market plays a game with crypto traders, the markets can stay irrational more than we stay rational. The BTC price surge was expected but catching the dip&top will be a big headache in one day. There is no concrete technical tool that can help us to find the potential dip&top points, so I prefer to wait for the flash crash that will give us another buying opportunity.

[rendravolt]

I think the price of BTC and ETH will continue to increase significantly in the future, and I think that by the end of 2020 the price of BTC and other altcoins will increase just like the end of 2017.

Yeah, history will repeat itself. Everything was planned after the bitcoin halving but it won't happen in 2020, but in 2021 all alts will follow the direction of bitcoin and from now on is the opportunity to buy a few bags for each.

[MCobian]

I think the price of BTC and ETH will continue to increase significantly in the future, and I think that by the end of 2020 the price of BTC and other altcoins will increase just like the end of 2017.

Yeah, history will repeat itself. Everything was planned after the bitcoin halving but it won't happen in 2020, but in 2021 all alts will follow the direction of bitcoin and from now on is the opportunity to buy a few bags for each.

Totally agree with your opinion, that history always repeats itself. And I'm sure the events of the end of 2017 can happen again.
Based on the analysis I have done, 2020 is still too early for BTC and ETH to reach an all time high price. Since BTC and ETH need
time to develop again, 2021 is indeed the right time for BTC and ETH can reach all time high prices. Then a good opportunity from
now on to collect BTC and ETH.

[Slow death]

Bitcoin is steadily increasing over time, quietly reaching 11.8K today, highest price for last two years. Ethereum's rise is much sudden and higher against BTC, it's traded at upto $430+ today, it's highest for last two years. Where do you see the market heading? would there still be bullish ride or there ought to be an immediate correction?

to answer your first question:

I believe this year we will not see much in relation to the bitcoin price, and when I say that we will not see much in this thing in this I am referring to prices of $ 20,000

to answer your second question:

today the price of bitcoin is at $ 10,200 and ETH is at $ 350, that means that after the big pump the time for dump arrived, something "normal" in this world of cryptocurrencies

[Bezobraznike]

I think the price of BTC and ETH will continue to increase significantly in the future, and I think that by the end of 2020 the price of BTC and other altcoins will increase just like the end of 2017.

Yeah, history will repeat itself. Everything was planned after the bitcoin halving but it won't happen in 2020, but in 2021 all alts will follow the direction of bitcoin and from now on is the opportunity to buy a few bags for each.

   Before that happens we will experience many more ups and down, like it's happening just now. Bitcoin close to $10k, Ethereum $350,
and many others are red. I think this is not the end of the drop, this just started. Don't lose your faith now, I plan to wait the price to
go lower and I will buy.

[GatotKaca]

all looked very different, Bitcoin increase is much higher than ethereum it should be what happened before when bitcoin went up ethereum followed
but what is happening now, ethreum is only able to stay still and go down when bitcoin goes up high

[Silberman]

   Before that happens we will experience many more ups and down, like it's happening just now. Bitcoin close to $10k, Ethereum $350,
and many others are red. I think this is not the end of the drop, this just started. Don't lose your faith now, I plan to wait the price to
go lower and I will buy.

We will have to see how people react to all of this, I do not think we are going to see a crash as big as the one we saw in March however this could continue for some more time as the biggest source of the current growth was not bitcoin but altcoins and new DeFi projects and that is definitely a problem because it was obvious this could not continue for much longer, but at the same time the market can be very irrational and I will not be surprised if the market recovered immediately thanks to the speculators that want to keep making money taking advantage of the hype.

[Kopetunto]

all looked very different, Bitcoin increase is much higher than ethereum it should be what happened before when bitcoin went up ethereum followed
but what is happening now, ethreum is only able to stay still and go down when bitcoin goes up high

Ethereum has increased 100% over the past 5 months, the lowest Ethereum price in March was $ 85,
and in August Ethereum has a price above $ 400, of course this is a good increase from Ethereum

[GatotKaca]

the reality is that now the bear market comes back and makes bitcoin and ethereum fall corrections also occur market conditions are not very stable
if buying in the current state is really risky, Better to wait or who have bought better hold and don't panic

[Inkdatar]

the reality is that now the bear market comes back and makes bitcoin and ethereum fall corrections also occur market conditions are not very stable
if buying in the current state is really risky, Better to wait or who have bought better hold and don't panic

It is really risky if buying at this time since price of bitcoin is hovering at $10k. Possibly we may see the high increase this year ends or the following year, who knows. If goal is for the long term some could accumulate or wait for the price to plummets. Yes if there’s a correction don't panic since price is volatile in the market.

[diskodasa]

the reality is that now the bear market comes back and makes bitcoin and ethereum fall corrections also occur market conditions are not very stable
if buying in the current state is really risky, Better to wait or who have bought better hold and don't panic

I think the bear market will be over soon this year and you don't need to worry too much about the situation getting better. However, there are still a lot of things that can worry investors because the market is very volatile and bad news can affect other investors as well.

It's best to invest strategically and not with the crowd as that may disappoint even more.

[TeraBite]

the reality is that now the bear market comes back and makes bitcoin and ethereum fall corrections also occur market conditions are not very stable
if buying in the current state is really risky, Better to wait or who have bought better hold and don't panic

It is really risky if buying at this time since price of bitcoin is hovering at $10k. Possibly we may see the high increase this year ends or the following year, who knows. If goal is for the long term some could accumulate or wait for the price to plummets. Yes if there’s a correction don't panic since price is volatile in the market.

BTC still has very high demand if we compare with onchain data than it showing a lot of buying happening on the current price rather than selling. This is very healthy correction which is happening at the moment but soon BTC will find the strong support for another leg up so hodling is good choice.

[DU18]

I think the price of BTC and ETH will continue to increase significantly in the future, and I think that by the end of 2020 the price of BTC and other altcoins will increase just like the end of 2017.

The increase in the price of BTC and Ethereum can happen significantly but it is also possible that the price will actually fall very drastically in the market because now the DeFi system is likely to greatly affect the increase or decrease in the price of Bitcoin and Ethereum in the market, a few days ago For example, we can see how The DeFi hype is able to lift alt coins that do use the DeFi system and cannot be denied as if this is a pretty hard slap for bitcoin, when an alt coin that was once low priced like YFI maneuvers to compete and even surpass the price of bitcoin in the market, from these factors that make investors / traders are confused between making Bitcoin (decentralized peer to peer) or YFI (Decentralized Finance) as their investment asset.

[wheelz1200]

Bitcoin is steadily increasing over time, quietly reaching 11.8K today, highest price for last two years. Ethereum's rise is much sudden and higher against BTC, it's traded at upto $430+ today, it's highest for last two years. Where do you see the market heading? would there still be bullish ride or there ought to be an immediate correction?

2021 looks to be a good year.  The only problem is if the entire world slips into economic despair due to the pandemic and the fallout from it.  If that's the case it might be a delayed bull market but you cant hold down a good thing for too long.  Crypto is headed in the right direction

[wheelz1200]

Bitcoin is steadily increasing over time, quietly reaching 11.8K today, highest price for last two years. Ethereum's rise is much sudden and higher against BTC, it's traded at upto $430+ today, it's highest for last two years. Where do you see the market heading? would there still be bullish ride or there ought to be an immediate correction?

2021 looks to be a good year.  The only problem is if the entire world slips into economic despair due to the pandemic and the fallout from it.  If that's the case it might be a delayed bull market but you cant hold down a good thing for too long.  Crypto is headed in the right direction

I don't think so. The steady and healthy market growth is necessary in order to avoid random pump/dump. According to the latest economic researchers, the fair BTC price should be around $4000, and $11000 price tag means this asset is overvalued. The real use case and having better alternatives will force the BTC investors to sell this asset in the next 2 years, maybe I am wrong but who knows?

I'm sorry but you can have one person claim a good price for bitcoin is $4k and another that says $30k with data behind it arguing both ways.  The market has held strong in a very wierd financial time for the entire world.  That is a good sign and very bullish.  What data suggests that bitcoin should be $4k?  And by the matter what do you think with bitcoin at $4k what would a "good value" on eth be?

[BChydro]

The rise was great and promising and i did not expect the ETH market to rally like this considering the network is struggling with higher fees and things and i was wondering what happened all of a sudden and now we are seeing a massive sell off but today the market turned green and waiting to see how long it will last. If people are smart enough consider these correction as opportunities for the big rally and make some quick heavy profit.

[Arkann]

I see very great prospects for Ethereum, which are increasing every year. ETH 2.0 will bring a particular advantage to Ethereum, as well as staking. But also the great progress of DeFi projects and deliverable ETH futures on ErisX will increase the demand for Ethereum, since this situation suggests that ETH is actually recognized at the state level as an exchange commodity like BTC. In addition, one must also take into account the possibility of the US Federal Reserve introducing a new benchmark for AMERIBOR interest rates based on ETH. Based on this, I have a very high expectation from Ethereum rallies , not only until the end of 2020  , but also next year.