In times like these, where Bitcoin and other cryptocurrencies are taking hit after hit, it’s good to look at the market sentiment and the opinion of the entire community. I picked the 4 scenarios people are talking about online that are most likely to happen from this point onwards.

I personally think everything is possible on the short term and even the next year, but I’m still convinced we will see a BTC of $100k+ one day, even though it might takes 10 years.

This is my opinion and not professional advice.

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49 COMMENTS

  2. I had some bit coin i sold when it was 10k and I bought when it was 6k. Almost i have doubled my amount of bitcoin.
    If it comes again around 6.5 k I will sell and will buy when it will down to 4.2/4.3 k

  3. ..everyone is asking "when is the Crypto market going back up" as If its some levitating eagle being held down by godawful FUD just before being let free to soar directly up to the moon without pause..

    It does make you start to wonder what kind of intrinsic value our projects have if you live day to day terrified that someone else is going to accidentally spook the whole crowd down to $0

    so here we are nearly the 8th of Feb 2018, BTC at £6000 – $8200k (again) after the first bounce in a little while….
    https://redd.it/7w1aqy

  8. The "new paradigm" on the 3rd graph, I think is meant to be sarcastic.  It's making fun of the people who say that the high-height of the price WON'T result in a crash because it's a "new paradigm".  Others (those who view themselves as realistic) think the whole thing is a bubble.  I think both are partly true.  Crypto is definitely a new paradigm, but there is a bubble portion to the price because of all the simple-minded speculators who flooded into the market because they saw Bitcoin in the news.

  13. Can you please help me to have an idea what would be Bitcoin price in May or June, because I invested heavily 3 years ago. Feeling tensed that I sell off & leave market and enter at a lower price

  16. Let's see what happens today with the SEC meeting to outline some regulations. The big money won't play yet because the rules aren't set. Once those rules are set the big institutions might start getting involved.

  24. I think your spot on all my chart drawings tell me close to 2.5/3.5K and then a bounce up
    It’s really sad but I’m not buying into any fud or fomo.
    I’m sorry to say this it’s not just you…

    (but all these investors that don’t know anything)
    are watching not just you but everyone else seeing fud videos and cashing out making it dump.

    I think in the case of bitcoin and ETH and all the other alts we need to stop talking about it as this is causing fud let the people get out if they want out and let the new money in if they want in they ARE using YouTube as investing advice and WE are all responsible for this fud.
    Not a personal attack I agree 1000% with what your scenarios are but every you tuber is spreading fud even if they think it’s helpful it’s not I think we need to go back to basics and talk about our buying spots and that’s it not telling everyone that we will go this low or this high just this video is good but it really does speed fud and will cause more people to jump ship to fiat and dump the market so quick.
    I’m 12 hours we dropped 2000 off the price of bitcoin straight after I watched one person explaining exactly what you said
    I love your vids mate I really do but should we talk about other things maybe icos or basics about charting, candle sticks etc.. instead of bitcoin and the bottom.
    Smart money knows where the bottom is let it get there and maybe talk about the above mentioned

  26. Very good analysis Quinten. I really appreciate your insight and that you're being honest and real. I find it somewhat important to note that bitcoin has now broken below its 200 day moving average. So I'm starting to think the bottom has fallen out. So you're right, we could go even lower…

  27. Just an FYI, in your AMZN example you fail to take into account the fact that the stock split 3 times, 2:1 in in June of 1998, 3:1 in January 1999, and again 2:1 in August 1999. So if you owned 1 share at $1.72 in May of 1997, you'd have 12 shares at $1430 today. That's close to 10,000x. Keep up the good work, I enjoy the vids!

  30. Hi, the cost of mining btc in China is not $700… Instead, according to today's news, the price now is already under the cost. The cost of mining one btc is around 53000 rmb or $8200.

  36. The chart isn't very useful without calculating "how many" from each investing class has entered the market. In other words, what percentage of "institutional investors" own Bitcoin at this point? More importantly, what percentage of the investing public owns Bitcoin (let alone alt coins)? For the chart to have any value, it has to represent some level of saturation from each class as it progresses through each stage, and I don't believe the current level of saturation in the "institutional-investor" class is high enough to put us through that stage, let alone the amount of saturation in the "public" class.

    Bitcoin has experienced massive run ups and sell offs in the past (consider the run up from August 2013 to the high in December 2013, to the drop that followed into 2014.) You could lay this chart over that section of price action and say we were through the "mania" phase, but I would have disagreed. Again, about 100 percent of Institutional investors own stocks and about 45 percent of the US public own stocks. Can we really be through the "mania phase" when probably less than 2 in 100 people own Bitcoin? The price could easily drop a lot more, but (in my opinion), it can't stay there if adoption continues to grow over the next 3 – 5 years.

  43. Shit coins aren't going anywhere until BTC has 55% ish correction from $100k, that is when the real fear and despair will set in and crap projects will show their true colors and bail all together. Then BTC and the good projects will rise like the Phoenix and give its holders gains that have never been seen before.

  48. Great Video! Don't you think that we are far away from dot com bubble as the Market Cap during that time was around 5T, cryptocurrency being a global phenomena must be at-least close to 5T in order to justify scenario like dot com bubble.

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