Post
Topic
Board Speculation
Re: How far bitcoin will it go this time and why?
by
SirLancelot
on 07/05/2019, 10:58:19 UTC
there is no way to predict the next ATH as it was impossible to predict $20k to be the previous ATH even when we were heading there. and based on my experience whenever people fixate on some price ($50k for example) it means the ATH is going to be a lot higher than that.

but the price by the end of this year is more predictable although still hard. i say somewhere around $10k is reasonable because the real resistances are near there and everything else below that mark is just the temporary panic sell resistance which only helps the whale accumulators.
You’re wrong, there was never a time they predict a price and it goes way above what they have predicted. Their predictions are never correct. No one was expecting the price to enter an uptrend in the month of April. A lot of analysis I was seeing back then were all saying that there is going to be a downtrend and that the price will drop to $2.5k before we can talk about it going back up. No one ever expected what happened, no media said anything about it and none of the so called influencers even knew that there was going to be an uptrend. Everyone just wake up the next day to see the price running up.