Quote from: wxxyrqa on June 08, 2020, 10:56:31 AM

Quote from: carlisle1 on June 08, 2020, 05:52:45 AM

How i wish that Bloomberg is like Harry Houdini that can predict things to happen,but its not though this brings positivity to Bitcoin supporter and may add enough strong and courage for us to Invest more and forget about selling until we reached that $20,000 again.

Anyway i still believe that this year will give us certain profit( maybe not big as what this thread means) so let us keep our currencies intact and if there are no rush please stop selling for a while just this year lets see what will happen.

The fact is that the Bloomberg report deals with the analysis of the bitcoin exchange rate for 2013 - 2014 and 2016 - 2018, where on the basis of this analysis it was concluded that before the end of 2020 we should expect an increase in Bitcoin prices of $ 20,000. It seems to me that primarily their statements are based on the bitcoin halving, as at the reporting point, after which the Bitcoin rate has changed in the past and will improve in the near future. It just seems to me that they were a little mistaken and reduced the period of a possible increase in the price of bitcoin, because according to the indicators of the past six years, significant changes in the cryptocurrency market should be expected already in the first and second quarter of 2021, and not until the end of 2020. but nonetheless, positive news invigorates cryptocurrency users and this is true.

I dont really believe much when it comes to technical aspects where people already presuming out that things do happen on a specific quarter of the year on just basing on what happened in the past.

Im aint saying that its not relevant but nothing can predict out on where the price would shoot up.This is a very speculative market, history can be made in a blink of an eye neither seeing a

very high increase or would go down to the ground.Lots of speculators in this field composing from ordinary people to popular ones, difference here is that they do make much more noise thats why

they do get that attention.