Quote from: dewin on November 19, 2019, 03:49:14 PM

Quote from: makolz26 on November 19, 2019, 03:12:38 PM

Quote from: meliodas on November 19, 2019, 12:42:41 PM

Quote from: Questat on November 19, 2019, 06:12:44 AM

Quote from: Landak on November 17, 2019, 01:36:38 PM

ouch a sad story, buy 2 btc at 18k, now at 8.5k you've lose half of your total capital.

That's just a small loss compared to what people loss investing in altcoins, but actually it will not be considered as a long if he will hold until the next bull run will arrive. In terms of chances, BTC has a better chance to recover and that $18,000 is not impossible to achieve with the way the market is moving now, I can sense there will be a big bull run coming soon.

With the current price of bitcoin right now, it is easy for bitcoin to climb up and surpass the recent all time high. With the halving event next year, it is a huge green indicator for investors to buy because the difficulty to get bitcoin for miners will be higher so it will be more in favor for investors since based on law of demand and supply, the price will go up.

There's no negative sign that the price of Bitcoin will be lower to $7k, it's still positive that Bitcoin will go up this upcoming month. We are not just that sure if we will go for $20k price of even higher than $10k, let's see the buying pressure before end of the year as we know that this is a peak season and most of the time , the price is climbing in the season.

IMO the bear might come a bit late this year, hope to see some growths before 2019 passes by, but I don't think that the price will hoist higher than $12k - $14k this year. $20k is a different thing actually, like it was said before, upcoming halving will be the major key in the price increases in 2020, impact of such event is really powerful and there is nothing weird in it. People are going crazy around the prices of BTC this year, but the fact is, that even if the current price won't grow much till the end of december, it's still better than it was last year and also - mind the massive hacks we've witnessed this year.

Christmas can be expected to bring some good profits certainly. Usually, it is the last month of the year where bitcoin produces some good amount of money. Even 12k to 14k is not a bad price. However I expect it to be at least 15k dollars. Bitcoin can really make that. Moreover, the halving is about to come. So with a little more patience, bitcoin holders can experience the best ride of their lives.