$25,000 can be achieved by end of year? Or January 2021? - page 8.

Fredomago

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Quote from: hahay on December 17, 2020, 12:28:56 PM

If the movement continues like this then of course 25k will be surpassed and perhaps 30k at the end of this year, considering the long holidays of Christmas and the end of the year are still hampered by the pandemic. For that reason, it seems very likely that this movement will continue without any correction because if there is a correction, even if it is a little bit, the existing panic will make the market more chaotic. So I believe, this season will be the best cryptocurrency market season when the world situation is complicated.

Still on it's brighter side, the price continues to rally and even there's slight fall bounce take place right after. If this strong movements continue then your statement is right.

It will be a good month before this year may end, it can easily passed 25K mark and trying to reached up to 30K is very possible.

As long as there are more investment to flow inside and strong hands continue to keep their coins,
there's a lots of movement to expect.

STT

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Ok welcome to 2017 in that this area of prices is unknown space, the ATH comes without a clear path or debris from prior volume trading and in some ways that adds uncertainty but also makes the rise easier. Its fair to assume bullish but also I watch for levels of retraction and if we can hold up higher or revert back within the prior trend true since the election day.
So about 50% retraction from the largest bar today would measure about 23k, I believe thats taken as very bullish to stay above there and its short term trading but what else do we have to go on but rough levels, 22775 the price is at right now and thats about the daily trend line up. As for OP target of 25k I posted some time back not my prediction but a main market trader plotted in 24k for the final end to this bullish cycle and Ive followed them some time and so will keep 24k in mind for a rough top which for the moment was in grasp of the ATH.

buwaytress

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Since we're all here anyway, might as well break 25k this weekend. Heck it was 23870 this morning, why not, right?

January's better though. I'd still like to sell at the peak next month before we dip back down to 15k (en route to several 25k attempts before super rally heh heh).

jrrsparkles

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Quote from: Kong Hey Pakboy on December 17, 2020, 12:27:24 PM

Quote from: jrrsparkles on December 17, 2020, 12:00:36 PM

Quote from: Wysi on December 16, 2020, 02:53:57 PM

Finally we have achieved the most awaited mark of $20,000 now what's next? Do you think Bitcoin will cross the next landmark of $25,000 by the end of the year or it might happen in 2021? As per my earlier prediction based on market analysis I thought the value of Bitcoin will cross $20,000 by second week of December which seems bit sceptical at the beginning of this month but now it has come true and of my prediction goes right then Bitcoin will reach $25,000 by the end of this month as next 14 days will be more bullish or chaotic.

Even before the end of 24 hours from this thread was created the goal was reached already by 70% so it is possible to break 25% by this week itself in my opinion.Well Christmas may get some effect on the prices which was the scenario in 2017 as well so by the last week there will be some correction before the next term of bullish trend.

This huge pump on bitcoin's price is really unexpected that we mostly assume that bitcoin will only reached $20K price before the end of the year 2020. But bitcoin's price turned out to be a good result that it already surpassed it's $20K price and it is now more than $23K, so I this is the best Christmas bonus and gift that I have received in my entire life.

No one expected 20K before the end of 2020 even at the Q3 of 2021 because bitcoin faced huge crash on the price due to pandemic but able to recover quite fast in Q2 itself but after that it was staying at 8000 to 10000 range for a very long before we feel this mad bullish trend. Of course this is the best bonus for crypto investors but if make sure you utilise the spike well.

boltz

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There is no more big resistance wall for now so 25k$ should be peanuts if this rally will continue to burst like this. I would say that 28k$ until 31december will be achieved, followed by a settle in price around 30k$ that will last until spring when the real bull run will begin and Bitcoin will break 50k$ in a matter of days.

This is just my latest prediction because the bears are no more and FOMO is not even present for now.

hahay

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If the movement continues like this then of course 25k will be surpassed and perhaps 30k at the end of this year, considering the long holidays of Christmas and the end of the year are still hampered by the pandemic. For that reason, it seems very likely that this movement will continue without any correction because if there is a correction, even if it is a little bit, the existing panic will make the market more chaotic. So I believe, this season will be the best cryptocurrency market season when the world situation is complicated.

Kong Hey Pakboy

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Quote from: jrrsparkles on December 17, 2020, 12:00:36 PM

Quote from: Wysi on December 16, 2020, 02:53:57 PM

Finally we have achieved the most awaited mark of $20,000 now what's next? Do you think Bitcoin will cross the next landmark of $25,000 by the end of the year or it might happen in 2021? As per my earlier prediction based on market analysis I thought the value of Bitcoin will cross $20,000 by second week of December which seems bit sceptical at the beginning of this month but now it has come true and of my prediction goes right then Bitcoin will reach $25,000 by the end of this month as next 14 days will be more bullish or chaotic.

Even before the end of 24 hours from this thread was created the goal was reached already by 70% so it is possible to break 25% by this week itself in my opinion.Well Christmas may get some effect on the prices which was the scenario in 2017 as well so by the last week there will be some correction before the next term of bullish trend.

This huge pump on bitcoin's price is really unexpected that we mostly assume that bitcoin will only reached $20K price before the end of the year 2020. But bitcoin's price turned out to be a good result that it already surpassed it's $20K price and it is now more than $23K, so I this is the best Christmas bonus and gift that I have received in my entire life.

jrrsparkles

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Quote from: Wysi on December 16, 2020, 02:53:57 PM

Finally we have achieved the most awaited mark of $20,000 now what's next? Do you think Bitcoin will cross the next landmark of $25,000 by the end of the year or it might happen in 2021? As per my earlier prediction based on market analysis I thought the value of Bitcoin will cross $20,000 by second week of December which seems bit sceptical at the beginning of this month but now it has come true and of my prediction goes right then Bitcoin will reach $25,000 by the end of this month as next 14 days will be more bullish or chaotic.

Even before the end of 24 hours from this thread was created the goal was reached already by 70% so it is possible to break 25% by this week itself in my opinion.Well Christmas may get some effect on the prices which was the scenario in 2017 as well so by the last week there will be some correction before the next term of bullish trend.

CODE200

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The market is having a good momentum at this moment so I think it is possible for the $25k mark to become in reality, this year. There are enough days to do so but that will only be more possible if the trend will be continuous and quite consistent. There is a counterpart for a high rate of increase which is a possible price correction. But having no certainties on which is which, all we can do is to wait for things to occur. Bottomline is that both instances are having possibilities to happen. And if price correction will be the first one to occur, I guess early next year won't have a chance to instantly make a comeback. Months might again pass by having no recovery responses once huge price correction occur. If that's what will happen, investing will be the best thing to do but patience will be much needed due to lack of assurance to when will recovery occur. For now, let us all enjoy the direction this market is having.

ibuddy122505

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It's kinda Christmas ride. Initially I thought 21k will be the support zone, then Bitcoin did reverse move but it's over 23k+ US Dollar. This hype could help Bitcoin to be achieved $25,000 or more. Anyone guess what is reasonable point to sell out and take profit before the dips coming.

sapnu

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As of now, bitcoin achieved an all-time high and keeps on rising up in terms of price, also listed top 12 on the stock market. We are all hoping that it will continue to rise up. Achieving that high value this year is possible to happen, maybe not this year but can happen next year. This is such a good time for those people who hold bitcoin to decide, but it's their decision when to sell their holdings. To those who want to invest at a time like this, I think it is too risky. We don't know when will it dump again, we hope not.

AniviaBtc

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It is good to expect and become optimistic about what will happen next for bitcoin.

But did you know that expectation is the root of all disappointments? We can make a plan, a goal, a feasible milestones for bitcoin.

As long as we're making bitcoin profitable right now, we should just seize the moment because we don't know when this will new ATH will occur again. Make actions wisely and be still because bitcoin can still go up, but like what i've said, don't expect too much, don't be so greedy.

Spone7

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Looking at the volume chat I think there are more chances of touching $25k in Jan 21 are very high rather than by the end of this year.

Axelseseclevz

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Quote from: Wysi on December 16, 2020, 02:53:57 PM

Finally we have achieved the most awaited mark of $20,000 now what's next? Do you think Bitcoin will cross the next landmark of $25,000 by the end of the year or it might happen in 2021? As per my earlier prediction based on market analysis I thought the value of Bitcoin will cross $20,000 by second week of December which seems bit sceptical at the beginning of this month but now it has come true and of my prediction goes right then Bitcoin will reach $25,000 by the end of this month as next 14 days will be more bullish or chaotic.

I heard from an acquaintance that the price of bitcoin will reach $ 100k next year base on his analysis. It's really easy to say and make a prediction but it's difficult to predict it. But I think the value of bitcoin will reach $25k before end of this month because it's already reached $23k.

kentrolla

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Quote from: Wysi on December 16, 2020, 02:53:57 PM

Finally we have achieved the most awaited mark of $20,000 now what's next? Do you think Bitcoin will cross the next landmark of $25,000 by the end of the year or it might happen in 2021? As per my earlier prediction based on market analysis I thought the value of Bitcoin will cross $20,000 by second week of December which seems bit sceptical at the beginning of this month but now it has come true and of my prediction goes right then Bitcoin will reach $25,000 by the end of this month as next 14 days will be more bullish or chaotic.

Seems like this could be the next resistance for BTC oh my goodness made this bullrun was expected and BTC is showing its capability again as the king of crypto currency. I think BTC will overtake 25k if the price goes like this because many of them are buying BTC as there is a huge demand in the market. The next interesting thing will be the next resistance after 25k Wink

fauzan123

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Quote from: BlackHatCoiner on December 17, 2020, 01:49:40 AM

I don't know. I wouldn't like to reach $25k that soon. It'll be considered that bitcoin is doing again the fluctuations it did in 2017. That's a really stressful market and I wouldn't dare to buy anything at the moment. But it'll drop soon, so get your pockets ready once it does.

you will have to wait for long for a drop to happen, bitcoin is about to make a ground braking record and I believe that we will have $30k price before the end of 2020. The market is highly bullish this period and so any thing can happen we flying to the moon right now.

Everything can happen, but it is still a prediction because we don't know what will happen to the market itself, I think the end of the year 25k could arrive, but to be able to reach that price the market has to be able to close the 24k area first because there is a trendline. as a price barrier that must be broken.

If 24k can break it is not impossible that 30k will arrive, but I think it is very unlikely that by the end of this year bitcoin will reach that price, maybe if in 2021 it will most likely happen.

maxreish

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Quote from: aoluain on December 16, 2020, 05:45:04 PM

$25k on the 25th, that would be something!

Yay yeah. Or end of the month 🙈. Thats very possible to achieved. Before 2020 ends and it goes smoothly up to $25k will be a happy and memorable year end scene for 2020. $21k resistance broke. Expect another bullish trend soon. Perhaps small corrections but we'll see more than that.

Cheers btc holders!

mich

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Quote from: Wysi on December 16, 2020, 02:53:57 PM

Finally we have achieved the most awaited mark of $20,000 now what's next? Do you think Bitcoin will cross the next landmark of $25,000 by the end of the year or it might happen in 2021? As per my earlier prediction based on market analysis I thought the value of Bitcoin will cross $20,000 by second week of December which seems bit sceptical at the beginning of this month but now it has come true and of my prediction goes right then Bitcoin will reach $25,000 by the end of this month as next 14 days will be more bullish or chaotic.

My guess for the price prediction by end of this year 2020 has already passed and this is a good thing.

But now we already have price of $22k and its rising as I type this so I see no reason to not think we will see a price of $25k by end of year.

Slow death

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Quote from: Wysi on December 16, 2020, 02:53:57 PM

Finally we have achieved the most awaited mark of $20,000 now what's next?

Having reached the $20,000 mark, it was able to boost the price to the point of reaching $23,000, which only stopped rising when it touched the $23,500 support and since it failed to breaking the $23,500, the price dropped to $22,400. To answer your question, it is necessary to see if the price will be able to stay above $19800 for a long time, if that happens then we can say that $25000 will be the next target if it breaks the $23400 (it seems to me that this resistance is at $23400 shouldn't be a big)

Quote from: Wysi on December 16, 2020, 02:53:57 PM

my prediction goes right then Bitcoin will reach $25,000 by the end of this month as next 14 days will be more bullish or chaotic.

now we are $22,400, so for $25,000 it is very close. Is a realistic forecast

bryant.coleman

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Quote from: lovesmayfamilis on December 17, 2020, 05:04:33 AM

Yes, I agree, there is a very high interest in bitcoin today, but there are always attendant risks. Today is not only the time of the rise but also the volatility.
We have already seen a price tag of $23000, and I also hope this rally continues. More and more institutional investors began to invest in bitcoin, calling it a diversification asset.
No wonder yesterday's news also reported that the Ruffer Investment Fund purchased bitcoins in the amount of $750 million.
https://news.bitcoin.com/asset-manager-ruffer-750-million-bitcoin-investment-hedge-fiat-currency-devaluation/

Investing from large companies continues even in a growing market.
So $23000 is a very real figure.

$750 million is a huge amount, and it amounts for more than one month's supply of fresh coins. And remember that this is the investment just from one fund. There is continued demand from other sources such as PayPal and Square. Any additional supply, if that ever existed must have evaporated by now. The prices will go up, until a level is reached where these funds will do their profit booking.

Topic: $25,000 can be achieved by end of year? Or January 2021? - page 8. (Read 7421 times)