A Fundstrat prediction for Bitcoin prices; HODL!

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Posts: 17 · Reputation: 217
#1Jun 11, 2018, 07:02 AM
Okay, so just to clarify, not really his intern, it's just a joke. But check this out: Sean Farrell, who leads the digital asset strategy at Fundstrat, shared a scenario where Bitcoin might drop back to about $60,000 to $65,000 in the first half of 2026. He also sees a solid rebound happening in the second half of the year. Just wanted to pass along some hope for everyone. Holding can definitely be tough, especially if you’re optimistic for the long haul.
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laser51Full Member
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#2Jun 12, 2018, 09:18 PM
Do you even know how many people have predicted Bitcoin in this manner right from the beginning of this year and we are almost close to their accuracy with what is expected of Bitcoin as at now. Everyone is free to speculate the market and also try to predict the possible outcome that me occur, this is where everyone is making his own research by themselves and trying to use several indicators to show how possible it is, the less we cannot also deny the fact that some speculations have been wrongly made about bitcoin price performance to this day, the only advisor will give you is that everyone should DYOR and hold.
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ape_nonceMember
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#3Jun 13, 2018, 02:52 AM
Hearing things like this hurt because no one want to see price going down this way. But it's the part of the circle to test us. Historically, bitcoin usually do this several months after halving before the run begins again. If we look back to two years back, current price is still very high so this is never a doomsday for holders.
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pixel2014Hero Member
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#4Jun 13, 2018, 03:31 AM
This is not the first time bitcoin fell to $60000, it happened in February of this year. To understand the reason I posted this, read the topic title of this thread again. Are you sure about this? Do you know know that as some people make money from bitcoin investment already, some people want the price to fall so that they can also buy at low prices? Some people like what is happening.
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ape_nonceMember
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#5Jun 13, 2018, 03:59 AM
That's the sad reality. The market is always a two side plate and nothing is wrong with it. I was talking from holders perspective but of course people that missed buying at lower price before definitely want this dip. It's funny holders hold themselves to remain strong during the dip but buyers pray for the dip to dip dipper. Bitcoin does not care which side you belong. Both side win if history repeat itself. So we'll both meet at $200k soon.
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guru365Full Member
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#6Jun 13, 2018, 09:32 AM
Why does it feel normal to me?  I don't even mind if Bitcoin will crash harder in the next days because I know for sure that it will rebound after this hard crashes.  It will only hurt if you bought Bitcoin at ATH and then sell it today because the person is obviously selling at a loss. But for those who are calm and keep on holding, those losses from the Bitcoin crash are only unrealized since they still hold their BTC. Those who have been in the Bitcoin market for so long have already seen this prediction.  Like many of us, knows that Bitcoin will crash after the ATH, there are still those who state the price drop pattern and the the possible Bitcoin price bottom before it rallies again.
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t0ny.vectorSenior Member
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#7Jun 13, 2018, 10:22 AM
We can all hope so, but people need to stop focusing on these predictions. If you have many predictions and every single possible scenario has been predicted by someone, then someone will always be right about something. That does not mean that they were good at predicting, they were just lucky because all predictions that were possible were basically made so eventually someone has to win. It is like being a lottery winner in a way, and we know these days that so many people are making predictions on many platforms and we even added gambling into the predictions by creating prediction markets. Also even if someone is correct at part of their analysis, that does not mean their second part will also come true as they say. I don't mind this scenario, but I don't like people pretending that they were sure about something like this and predicted it because all of those people should be very rich by now! But they are not, so this weakens how convinced they are or how good at predicting they are consistently. This does not really say much about Bitcoin, because every market will either go to a new ATH, crash, or do sideways after a ATH. Those are the 3 possibilities, there is nothing else that could happen. Bitcoin does not always crash after the ATH, often it reaches new ATHs. What you are talking about is more like a cycle top, so yes it does crash after a cycle top just like everything else because that is what defines a cycle top.
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jake_gweiSenior Member
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#8Jun 14, 2018, 08:54 AM
Sean Farell predicted rebound in 2H and Tom Lee is predicting $150000 by late 2026, good copium for those who needs it. Worst case scenario price is dumping and we entering another bear market with prolonged sideways, eitherway keep stacking guys. Bearish won't last forever.
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GigaNodeSenior Member
Posts: 211 · Reputation: 1080
#9Jun 14, 2018, 01:20 PM
Keep staking as how bro? This is not the best advice, it's all about when to DCA and that's not all the time, because some people have been buying Bitcoin since the turn around of 126k, they are obviously not doing great, people need to know the difference between a bull market and a bear market. Once Bitcoin topped you should know that we are going way down, many people already start to talk about a recovery, I've always said it's impossible because bear market also takes a long time, the history is also a good example, from 69k to 15k and 126k to where? 80k??? That's impossible to be the bottom, Bitcoin has never splitter in two as a bottom after ATH, but some people trust MicroStartegy and BlackRock as if these companies aren't humans trying to make money too, when Bitcoin dumps heavily is always the best time to buy DCA is best when we are in mid of a bear market, not when it's starting, those who start to dCa after 126k did it wrong, although they lost nothing as one day Bitcoin will grow over 126k again but better DCA strategy is far more effective.
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