When 2019 started you have a lot of expectation especially when the price is moving up again from a very long bear trend, you expect that the price will reach another all-time high this year, because of a lot of great news like the Facebook coming in the market.
I'd like to ask the community, is your expectation close to the reality that we've experiencing right now?
Let's see what did I say last year this time around:
Experts predict $20,000 for bitcoin in the 2019. When will Bitcoin reach this point in your opinion?
Not happening. I expect 2019 to be 2014 or 2015 all over again: sideline for the whole year. I expect the next bull season when Bitcoin is about to halves again, that is 2021 or 2022. I know this thinking is too linear but I can't find any other reason for the next major bull run other than halving. ETF? Not that appealing anymore.
A good call I would say, at least I correctly guessed that Bitcoin won't reach $20K by 2019. This year's trend was not exactly flat, sideline for a whole year as it ranges $4K - $14K, quite a rollercoaster but yeah nothing new. My call from last year still stands: I expect another massive rally and new ATH within two years after halving, that is before 2022.