Expects Price to Rebound

[pablomarwan 3082]

Yes, you are right, and this is what has led in these past months. This has led to a strong decline, leaving a negative impact on the digital currency market. Things may now be better, as witnesses and experts in this field announced that the market will witness activity and growth in the next half of This year, and that may be in our favor if we rely on a good strategy

[Omar Ommeish 4872]

There are many analysts who expect the price to drop to less than $ 6700 and I expect that too, but it may take time to reach the bottom.

[TimopheyKa 3900]

Yes, that's right! Because this system is developing, this is the market! And of course, the price reaches a certain price, can make a jump at the next step, and jump to a higher price, the main thing is just to wait!

[malik6314193 5449]

And now his prediction come into true. Bitcoin goes down to 4000$ and then come up to 10000$ again in june. I think it is the market in which up and down came. We as a trader utilize these fluctuations to earn money. 

[BrolySSJ 7899]

This common in the crypt world and there are always rebound of the price once it reaches a very high point. I think that is why the crypto market is considered to be so volatile. the prediction that was made on this topic seems to have come true as the price this year took a major drop down to 4k dollars for a single bitcoin. fortunately the price seems to be stable now and hopefully it continues to do so for the foreseeable future or that it rises. However as you said rebounds are a norm in crypto and that is what makes day trading possible.

[Laboni 755]

The return is usually conducive to the growth of crypto The demand for the crypto market increases due to return so everyone comes back The future of crypto is much better and the rise and fall of prices make the price of currency a bit higher.

[Wilmer Garcia 0]

So far Bitcoin (BTC) has not been able to break the $10,000 barrier but it's something that big analysts and experts believe will happen in the months to come when Bitcoin could reach $20,000 if we have to wait for that to happen

[kizz 3370]

It is hard to predict the value of bitcoin but I hope it will increase for the next months, I have my high hopes and positivity in Bitcoin price in the market.

[Moaz 7239]

Yes, this is true, in most cases the price of bitcoin exceeds $ 10,000 and then everyone expects that bitcoin will continue to rise and reach $ 20000 or more, but after a short period the price is to go down to $ 9000 or $ 8,000, but maybe at the end of the year We are seeing the true rise of bitcoin

[Dmasked 1840]

Since the halving, almost every trader including experts quickly rush to the assumption of bull run whenever the price incline upwards. But even in past halvings, the price took a while to surge up and with all the pandemic and crisis going on it will take a while for bitcoin to go crazy again.

[iloveyobit 6599]

Indeed, the price of bitcoin was reversed and returned to a rise to about $ 11,000 levels, but unfortunately it was not able to exceed it. Can you do another analysis of bitcoin?

[vynz 540]

On 12/21/2019 at 8:53 PM, mian651 said:

In June, when Bitcoin was soaring above $10,000, nearly every trader and their mother expected the cryptocurrency to continue rocketing higher.

Though, one analyst incessantly called for rationality to return to the crypto markets, claiming that this surge above $10,000 was a clear overextension of BTC’s long-term growth curve. He went as far as to say that Bitcoin was poised to return to $6,700.

It is a good sign since the economy is finding its alternatives so but the pandemic is unfortunately not away and it keeps the economy not to function well that's btc values is changing in a slight manner not coming back from it's high price. 

[Zaino34 0]

The price of bitcoin is constantly fluctuating and it is more difficult to accurately predict the price of bitcoin, it depends on the supply and demand to which the currency is exposed and I believe that in the coming months the price of bitcoin will exceed the amount of $ 10,000 before the end of this year

[bogdanoff 3173]

Bitcoin made it better this year as after the halving the miners stopped all the sell and focused on being more competitive. The whales were changed too and we lost many that were price manipulators, also the exchanges given help with many OTC desks as most of the big investors didn't buy on spot markets.

[Sykkuno 2887]

I wasn't convinced with the 2019 mini bull run and the reasons were obvious during the peak, when it was reported the arrests of a few ponzi members of plustoken which was the main reason for the rise of prices of Bitcoin during that year. The chart would have been very different without the plustoken and there is also a question today about the remaining Bitcoin at the chinese custody.

[Mella 3680]

My dear it was correct predict and not only $6000 but dropped very lower even at bellow $4000 but it was very small chance for only a day or some to buy then. I am bought at $5000 for first time and did some good trader since then.

[Fixfin 2569]

I don't think this was exactly right as watching the charts it was a big correction and bear market coming, there was no escape of the previous trend, but this year 2020 it was different from 2019 at it was the beginning of the new Bitcoin cycle after the halving.

[yonkii 3205]

When I joined crypto prices had already rebounded from every dump and were looking that they will keep rising. I am happy for this decision because prices are close to double from when I joined and I still think that there can be something way better in the horizon.

[zhoutong 2188]

The differences are obvious between now and one year ago. We were in a state of doubt having seen a huge bear market that wasn't ending for years and this time one year later we are optimistic and see a big chance ahead of us.

[annayks 2314]

If you are trading buying the dip in Bitcoin trading always works. It works with a few altcoins sometimes but trading is difficult and decisions are not always profitable. Price usually rebounds after a dip but there are times we lose this trade so what we are doing is not trading with all our money in one trade but always smaller.

[percare 3192]

I look at the Bitcoin chart a lot and it feels that the 2019 rise was too much for that year. Perhaps there was massive interest and good approach for adoption but it wasn't the best yet as many big whales were very bearish and looking to keep bringing the price down, something that stopped with the 2020 halving.

[Syedbesharat 5423]

On 12/21/2019 at 8:29 PM, sdsonjoy50 said:

 Yes, I agree with your explanation but you are sure that Bitcoin will palm up a lot by the middle of January 2020. Bitcoin can cost between $15000 and $20000.

After year wait now BTC is making climbing over to $20K but so far we have witness it has touch the $19600 at some exchanges and roll back to $18K. But after 24 hours fight back to $19K and still standing at that spot. But sooner the breakthrough is expected and BTC will break the $20K limit and make Bull Run. 

[kryptonick 2659]

I don't remember exactly what Bitcoin did during that time, I only remember trying to buy he dip in a bear market after the summer that price was $14000. It was a great dip bought and then covid appeared. I remember the huge drop to lower than $4000, an opportunity that was unexpected and panic bought lower than $5000 as it wasn't easy to send more cash. I was almost in no cash at that time. Great times and trades with Bitcoin.

[Frodler 943]

Well, I don't believe that they would be a rebound anytime soon, perhaps because of the high demands and limited supply that is currently being experienced 

[Amna Hareem 1213]

On 12/21/2019 at 5:53 PM, mian651 said:

 

 

On 12/21/2019 at 5:53 PM, mian651 said:

In June, when Bitcoin was soaring above $10,000, nearly every trader and their mother expected the cryptocurrency to continue rocketing higher.

Though, one analyst incessantly called for rationality to return to the crypto markets, claiming that this surge above $10,000 was a clear overextension of BTC’s long-term growth curve. He went as far as to say that Bitcoin was poised to return to $6,700.

 Dear now Bitcoin is about $29,000 and it is really very lucky and beneficial for that people who believe in it and buy in in past and now they are selling it and earning a huge amount and become millionaire so we have to just create believe in a thing and it should become true.

Edited January 5, 2021 by Amna Hareem