cointikka Posted June 24, 2019 #1 Posted June 24, 2019 So, I was discussing with few technical analyst in one of the Bitcoin forums about sudden spike in Bitcoin price and what factors made it go above $10000 within few days and what they told me is pure math. The reasoning they gave me was also out of the world. As per their calculation price spiked because Facebook launched its own Cryptocurrency, the second reason was Global market suddenly took an upward swing, which basically caused an upward swing to Bitcoin price, as they believe there are some financial institutions that are investing in cryptocurrency secretly. The last reason was Bitcoin halving in 2020. They said that, price of Bitcoin will go beyond its all time high of 2017, if it is able to break the strong resistance at the price range of $11500. Now, I do believe that because there is a huge influx of investors discussing about investing issue on most of the exchange telegram channel. Do you think 2019 will be bigger than 2017? Will Bitcoin create a New All time high this year?
yololife222 Posted June 24, 2019 #2 Posted June 24, 2019 Hey,heres the joke in 2018 i said that btc will fall it went up so im a keep saying it will fall so it can rise to 25000$ but i think till 2020 it will be at 20000$ cuse it doesnt hawe so much time to rise 10k usd in such short of time,but any thing can happen right? i might be wrong i dont know no one knows.
polor12 Posted June 24, 2019 #3 Posted June 24, 2019 no it will drop before it can make it that high,.,we have seen it before.. no one will have to pay that much.,is crazy and people would be happy to see to reach that high.. but to be real.. it might be at 15 max or even lower before the year ends.. if it does reach that high.. it would eventually will go lower in start of the new year,,
barbaris Posted June 24, 2019 #4 Posted June 24, 2019 Think and guess can be infinite. Of course everyone wants a bitcoin price increase. But you will not get an exact answer. Time will put everything in its place and then it will be clear. I heard that some analysts predict growth to $ 40,000.
blueprints Posted June 24, 2019 #5 Posted June 24, 2019 I really think thats pushing it, 25,000$ but idk. I mean i felt certain it was going to rise up high near the end of last year but it instead went kinda low. and kept dropping lol and only recently is it just starting to recover but its stripped me of being able to make confident guesses on the price.
Jakubb Posted June 24, 2019 #6 Posted June 24, 2019 No, I don't think it'll reach $25,000 this year. That's just an over exaggeration. I would doubt we'll get a $20,000 this year, even more doubting to be hitting $5k more, but it's not really predictable.. So maybe it'll. But i do doubt it, I think if it stayed constant on that $11,000 it is on right now that'd be good.
williamshennie9 Posted June 25, 2019 #7 Posted June 25, 2019 It is possible to rise that high, but I personally don't think it will. Maybe in a few years bitcoin will be valued at $25,000+, but for now, it seems like it is set to not go too much higher than $15,000 form what I have heard.
Sefan Posted June 25, 2019 #8 Posted June 25, 2019 I think that its going to go to max 15k in 2019, as the current support is way to low for any higer price, but you never know, mabey somone can price manipulate it to go to a all time high, though thats unlikely
Kate Posted June 27, 2019 #9 Posted June 27, 2019 Well cant say for sure but there might be a possibility for bitcoin to hit 15000 usd this month itself or maybe like the first week of next month so maybe after that yeah it could.
Kippo Posted June 27, 2019 #10 Posted June 27, 2019 It is not moving up to the amount you predicted 25000$ . But it can be goes up nearly 20k for sure.
Etude Posted June 28, 2019 #11 Posted June 28, 2019 Yes I think so that the price of Bitcoin may indeed go beyond $25,000 based on the current movement of the prices. It seems the time of cryptocurrency is now of course.
Hoffguy Posted June 28, 2019 #12 Posted June 28, 2019 lots of different views in this thread nice to see. really none of us know do we what will happen. me i think bitcoin won't go beyond 25k, I think the first step to 20k was like a runaway train, it just kept taking momentum then crashed off the sides of the track. People are more cautious I think now about jumping in just because it seems to be going up so I think the price probly be more natural instead of massive upwards spikes ,17k high this year i think!
polor12 Posted June 28, 2019 #13 Posted June 28, 2019 thats a definite no.. it wont go that high by the end of 2019..,,it might go that high before,,,but going towards the end of the year it will drop.. because the price will be too high to purchase then every one will go for other currency.. then the price will drop while what ever coin is the popular one will be it coin.. for that time.. their will be buyers for btc still.. but it wont be in demand. xrp might be the one to rise orbch..
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