Post
Topic
Board Trading Discussion
Re: We are finally going to $22k
by
Kevondo
on 02/11/2019, 15:56:53 UTC
I'm hoping that bitcoin can reach 22k this year, and looking at that graph, I have confidence that it can. But reading some other analysis, we can't still confirm it well, and I understand that reason. I also make my own interpretation, but in my calculations, and assume that I will only go to 18 - 20k. But then again it depends on the volume.  Smiley
It's just too early to expect a $22,000 bull run within this year while the current price is not correlating to the price target. I expect that $22,000 or even $20,000 will touch next year but looking at the price trend and speculations it seems that the price is likely to move upward but not this year. We will surely going to see that new ATH of bitcoin next year we just need to HODL a little longer.
To be very honest, no one can really predict the change accurately. At most, we can just tell that pump or dump is near. Back in 2017, no one or you can say majority was not expecting bitcoin to touch 20k dollars but it did and shocked everyone. We all know soon the market will be rising and bitcoin will be gaining value, it will definitely rise more than you can expect or imagine. Just wait and watch.
Yes, I agree that it's tough to predict what will be the exact value of bitcoin and assuming that bitcoin will reach 20k above this year/ end of the year. Yes, you're right about in 2017 that most ppl don't expect that it will skyrocket at 20k. The market will surely increase, especially some ppl saying that BTC is repeating its history. Smiley
 
  I am also one of those people who think that bitcoin is repeating the history because we can see how firstly the price of the coin is increasing we can hope for really good.  Now a days more investments are being done that is making the demand high and supply lower so I hope till end of 2019 if we can get 20k usd  or $22k dollar.
So now is the last chance for investors to finally grab bitcoin at a low price. Once this dip will over, which is going to happen soon, it would become almost impossible to see bitcoin at its current rate ever again. Bitcoin is just resting at the moment and this currency has the potential to touch 50k dollars. People will think that I am a moon guy but honestly, nobody imagined bitcoin to touch 20k but it did.