Will Bitcoin Hit $126,000 Again After Bottoming at $60,000?

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shard_2013Full Member
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#1Jan 8, 2018, 11:07 AM
The article clearly points out that everything is just the author's personal opinion, not investment advice. Still, I kinda feel it makes sense to think Bitcoin can rebound to $126,000, even if it drops more first. That's just Bitcoin being Bitcoin, right?
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#2Jan 8, 2018, 01:09 PM
Yeah but you know what they say about broken clocks... they just keep telling the same story. Be careful listening to those who don’t adapt their views with the market. Better to trust someone who tells you to buy low and sell high, not just keep buying.
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CalmMinerFull Member
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#3Jan 8, 2018, 06:14 PM
I think saying Bitcoin bottomed at $60k is pretty reasonable. That’s almost a 50% drop from the previous high. I expected more like a 60% drop, but hey, market consolidation is a thing. We're still following that four-year cycle.
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bridge_2014Senior Member
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#4Jan 10, 2018, 03:32 PM
We've all seen this coming, right? Prices bounce back to previous highs over time. More USD printing definitely helps Bitcoin pump. About that AI talk? Lots of noise there, but we're still in a bear market... $60k might just be part of a bigger picture.
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#5Jan 10, 2018, 04:08 PM
I can't see Bitcoin hitting $60k again soon, but I’m not convinced it’s guaranteed to hit $126k like Hayes says. Inflation and money printing are valid points, but let’s not forget the unpredictable policies in the US right now. Not feeling too optimistic about reaching old highs this year.
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mr_blockMember
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#6Jan 10, 2018, 06:34 PM
Don’t need more than that. People just repeat what they don’t understand. And yeah, everyone throws in that disclaimer about investment advice, just to gain traction. As a Bitcoin fan, when markets dip, that’s your chance to stock up.
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0xHashMember
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#7Jan 11, 2018, 07:17 PM
Right? So much noise online, and it’s tough to know who to trust. Gotta do your own research. Buying the dip works, and selling during peaks is where the profits are.
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benblockSenior Member
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#8Jan 11, 2018, 08:25 PM
Exactly, technical analysis is huge. If you know how to do it right, you can really profit. Most people just depend on others and then get disappointed when they lose.
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#9Jan 12, 2018, 12:22 AM
The market can hit new highs without a halving first. Remember the last halving? Bitcoin reached an ATH before it happened. Things changed a lot back then, and I expect the same now.
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#10Jan 12, 2018, 02:13 AM
Sure, that’s just one dude’s opinion. Others might have different findings. Many don’t do their homework before making predictions. Some also inflate numbers based on personal interests.
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shrimpNewbie
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#11Jan 12, 2018, 08:28 AM
Look at the source of these predictions. Maybe he has a vested interest in seeing Bitcoin rise. I still think we’re in the bear market and haven’t hit the bottom yet. $60k might not be as solid as people think.
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wildaltNewbie
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#12Jan 12, 2018, 09:45 AM
This is the guy who thought Bitcoin would hit $250k by 2025. He doesn’t care if he’s wrong because people like us have the same odds of guessing. It’s wild how their reputation stays intact despite being wrong.
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alt_foxNewbie
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#13Jan 12, 2018, 09:23 PM
Remember when Bitcoin dropped from $126k to $60k? Everyone was saying it would fall more. Now that it’s back around $80k, people are acting like $60k was the bottom. It's still unpredictable.
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samforkNewbie
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#14Jan 13, 2018, 01:19 AM
LOL, right? It’s crazy how they keep making bold predictions despite being wrong. We usually just think about what’s likely to happen. Seems like they just want the headlines.
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#15Jan 13, 2018, 07:33 AM
I think that drop to $60k was a market capitulation. Analysts say 80% believe we're bullish now, but we need some consolidation first. We’re probably stuck in a range for a while.
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#16Jan 14, 2018, 08:30 AM
So we shouldn’t take that article too seriously then? It’s like saying Bitcoin will hit $300k eventually anyone can claim that. I think we’re still waiting for the bottom, maybe even below $60k.
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roguelordMember
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#17Jan 14, 2018, 10:37 AM
Bitcoin hasn’t moved that much, even if it hits $60k again. Lots needs to happen for it to go up. Recently, it dropped from $82k, and misinformation caused that. It’s still a rocky road ahead.
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1m_w1zardHero Member
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#18Jan 14, 2018, 11:12 AM
Does Arthur Hayes ever get it right? He’s been wrong so many times. Yeah, I think Bitcoin will hit $126k again but not for a couple of years at least.
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#19Jan 14, 2018, 12:14 PM
Market predictions flip-flop with every little change. Soon, experts will change their tune if the market shifts. I agree $60k could be the bottom, but reaching $126k might take until late 2026.
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0xHodlerMember
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#20Jan 14, 2018, 02:49 PM
When I first saw the thread, I thought it would be just another hype piece from analysts. Not sure if $60k is the bottom, but I’m convinced Bitcoin will recover eventually.
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