As it was said many times, bitcoin price is unpredictable. We can only guess, and my guess is "no". Bitcoin may rise to $20k in 2019, but we would be lucky to return to $10k in 2018.
~snip~
While your analysis has some good points I'd like to point out to the fact that the next halving is like just 2 years away, so we could expect 2019 to be a recovery year, with emphasis on people stocking up for the expected bull market come the next halving season. That is, if there's no big news in the coming months that would severely depreciate the market.
Nope,
Halving season will not change the price significantly,cryptocurrency always work this way;
buy on rumour and sell it on newswhich mean a year or months before the halving,Bitcoin will gets a significant rise in term of price because of halving.
but when that time comes,it will not change the price significantly.
so i believe 2019 is a time for it to recover and reaching another high.
seems like we will see another sideways for couple months,just like what it did before in 2015ish.
you are half correct because you are missing the effects of halving on the supply or conversely the amount of new coins injected in the market.
the first part about the news of the halving increasing the price is correct. that is how bitcoin gets hyped up at times and rises but then after the halving happens and some time goes by (like 2-3 months) we will see the rate at which new bitcoin is created decrease and that can potentially decrease the sell pressure on the market from miners who want to pay their bills.
lower sells or supply and increasing demand means rise.