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Topic: 3rd times the charm 20K ok I was wrong, 6ths time the charm (Read 884 times)

legendary
Activity: 2632
Merit: 1023
annnnnnd we are through.....20500 as I watch now
sr. member
Activity: 1638
Merit: 255
Bitcoin will one day definitely crack 20K resistance, but in recent weeks it has turned out that it could not because each time it will pass more than $19K,
Bitcoin is moving down again. It doesn’t seem to be strong if there’s no strong demand. But we shouldn’t be greedy, let bitcoin give altcoins a chance
to grow green in the market. To make the altcoin market more volatile and those who keep altcoins will benefit as well. If it’s time, bitcoin will break through 20K.
sr. member
Activity: 1554
Merit: 334
here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick
Unfortunately, the resistance was too strong lately, it is almost hit the $20k USD for the 3rd time but looking at it, it is now starting to fall again but I don't think the run was over though. Thereby, I don't think $30k is feasible right now. Perhaps, looking at the market performance, Bitcoin will only set its new ATH around $23-$25K USD not by the end of the year coz it seems it will only play around on $19-$18k and so next year, 1st Quarter will be the time.
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
Fourth time the charm? Cheesy. I mean we are above $19k again, and again we are trying to go above $20k as well, and I do not know what we are going to do now. I mean it is possible that we will be trying this for the last time and break over $20k and reach to a very higher level and not go under ever again, or maybe this is the last time we are trying for the last time for a while and going down and not going to go over $19k for a long time again?

I do not know what we are going to do, I think we are going to eventually do something major but I am not sure what. We have gone over $19k 4 times now and gone under $18k three times now, that is a lot of tries honestly, I can't say what is going to happen but I know that last time we were over $19k we didn't try to stay up this long.

What is the point of paying attention to such small fluctuations? Btcoin has always had high volatility and at a price of about 20k, fluctuations of 5% give us + - 1000 dollars. We must accept the fact that the fluctuation in the price of $ 1000 is insignificant now. In the future (if the price of bitcoin rises significantly), the fluctuation of 5 thousand dollars will be insignificant.
hero member
Activity: 2576
Merit: 586
Fourth time the charm? Cheesy. I mean we are above $19k again, and again we are trying to go above $20k as well, and I do not know what we are going to do now. I mean it is possible that we will be trying this for the last time and break over $20k and reach to a very higher level and not go under ever again, or maybe this is the last time we are trying for the last time for a while and going down and not going to go over $19k for a long time again?

I do not know what we are going to do, I think we are going to eventually do something major but I am not sure what. We have gone over $19k 4 times now and gone under $18k three times now, that is a lot of tries honestly, I can't say what is going to happen but I know that last time we were over $19k we didn't try to stay up this long.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
snip~~~
Yeah, I'm really surprised that bitcoin come back to life again. I guess we really hit the bottom when the prices goes to $17,600 a couple of days ago and there are no more selling pressures at this time. Instead what I'm seeing on exchanges are all buying pressures, indicative that we may hit $20k sooner again or even more, so the bullish trend continues.
Mempool is actually empty even when the prices are about to hit 20K and already on some local exchanges and p2p it reached 20K so it is also a clear sign that people are not in a hurry to sell their coins when the prices reaches 20K, this time people expecting more higher price tag per bitcoin. Cheesy
hero member
Activity: 1344
Merit: 540
It is still too difficult for Bitcoin to reach a price of $ 20,000. Because several times the price of Bitcoin fell below the price of $ 19,000.
This indicates that Bitcoin's resistance price at $ 20,000 is very strong. It takes a big event or good news that can make Bitcoin hype
in order to break the resistance price. But I doubt the current movement of Bitcoin can reach a price of $ 20,000 by the end of this year.
My prediction is that the Bitcoin price might end this year only reach a price of $ 19,500.

There's still a chance at $20000 I looked on the chart and Bitcoin is trading at $19300 if after a week it did not drop to $18k level we have a good chance to see Bitcoin trading at $20000 another all time high I don't think it's not impossible like what everybody here are saying there's always a good chance to make a big pump before the end of the year.
Yeah, I'm really surprised that bitcoin come back to life again. I guess we really hit the bottom when the prices goes to $17,600 a couple of days ago and there are no more selling pressures at this time. Instead what I'm seeing on exchanges are all buying pressures, indicative that we may hit $20k sooner again or even more, so the bullish trend continues.
full member
Activity: 2324
Merit: 175
It is still too difficult for Bitcoin to reach a price of $ 20,000. Because several times the price of Bitcoin fell below the price of $ 19,000.
This indicates that Bitcoin's resistance price at $ 20,000 is very strong. It takes a big event or good news that can make Bitcoin hype
in order to break the resistance price. But I doubt the current movement of Bitcoin can reach a price of $ 20,000 by the end of this year.
My prediction is that the Bitcoin price might end this year only reach a price of $ 19,500.

There's still a chance at $20000 I looked on the chart and Bitcoin is trading at $19300 if after a week it did not drop to $18k level we have a good chance to see Bitcoin trading at $20000 another all time high I don't think it's not impossible like what everybody here are saying there's always a good chance to make a big pump before the end of the year.
sr. member
Activity: 1414
Merit: 326
It is very difficult to maintain the price stability of Bitcoin. Its price does not move in the same way in the market. Even if there is hype for bitcoin investment, the market will become much stronger. Bitcoin has a much higher demand than other currencies. While close to 19,500 this year, it could exceed $ 20,000 in the new year. Bitcoin will never be able to break this powerful system, even if the exact future cannot be predicted. Great news for the hype if prices continue to rise.
hero member
Activity: 1036
Merit: 514
It is still too difficult for Bitcoin to reach a price of $ 20,000. Because several times the price of Bitcoin fell below the price of $ 19,000.
This indicates that Bitcoin's resistance price at $ 20,000 is very strong. It takes a big event or good news that can make Bitcoin hype
in order to break the resistance price. But I doubt the current movement of Bitcoin can reach a price of $ 20,000 by the end of this year.
My prediction is that the Bitcoin price might end this year only to reach a price of $ 19,500.

Bitcoin back to business again as the price recover to above $19,2k today. It seems because traders sell out xrp and switch to bitcoin, presumably. It's the 4th attempt to break the resistance level of $20k if bitcoin manages to increase above $19,6k within 24 hours.
Well, it just time matters until the great wall of $20k will be broken and we still have 18 days left before the end of the year, many things can happen including a new ath.
full member
Activity: 1190
Merit: 117
It is still too difficult for Bitcoin to reach a price of $ 20,000. Because several times the price of Bitcoin fell below the price of $ 19,000.
This indicates that Bitcoin's resistance price at $ 20,000 is very strong. It takes a big event or good news that can make Bitcoin hype
in order to break the resistance price. But I doubt the current movement of Bitcoin can reach a price of $ 20,000 by the end of this year.
My prediction is that the Bitcoin price might end this year only reach a price of $ 19,500.
STT
legendary
Activity: 4102
Merit: 1454
For sure 4th times the charm because with a big enough run up it'll break 20k like the paper wall it is, just empty numbers as in the last 3 years the dollar lost value so standing up 20k as if its stood solid all this time is wrong for certain we know this today so its just a case of time for it to fall over.       
   Its also the case the price more or less doubled in a month so you can say its possibly reached its stall speed, it doesn't take much to stop its progress is how I take it and it needs to rest and lose the weak hands before it can continue.   Its not an unfamiliar process we've seen it many times, just getting past the 2019 summer high is enough of a positive for any long term bulls I think.   The inexperienced will have to learn that which again similar to the past.   20k itself has no strength to it as a barrier, energy was lacking on this occasion.    I'll come back with the close of the weekly bar tomorrow and we'll see if its still appearing outside of its old trend and if that matters.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
Maybe 4th time is the charm? Cheesy All kidding aside I believe there is a big possibility that we are not going to suddenly change the outcome of us going into $20k+ that quickly. We have tried it multiple times, we failed, people have lost faith in the possibility of going there, and that means we are probably going to wait until bitcoin goes to a lot lower levels and regroup and attack again, that is the only way we could potentially see the price going above $20k.

I am not saying that we can't, we totally can but the fact is people do not feel the same way anymore, and that is why I believe it is not going to happen, all due to people not really believing in themselves to make it happen. However if we could arrange a hype once again, it could result with a quicker increase.
hero member
Activity: 2632
Merit: 833
The $19k support lines have been broken, and obviously we are now looking at the lower $18k because there is really a selling pressure that happened. And as much as we attempted to break $20k, again, it's too much of a mental barrier. So no roll again.

But this is be consider as a healthy trading, we have been trading sideways for most of the time, although the break out didn't favour us, still this could present as a good buying opportunity again for majority of us. This is just the beginning of December and we can see two more weeks as another chance for us to get into that $20k.
legendary
Activity: 1596
Merit: 1034

Even with a charm of millions dollar future contract that will expire by the end of next month predicting the price will pass over 36000 usd.
We are now many times failed to get the price we wanted at over 20000 to stay longer.
Rejected over and over again and could be a signal to use your seatbelt in the downfall anytime soon.
I dont know people seems so done now so do i.

The rejection of 20,000 for this season may not be a signal that will push price to fall. Bitcoin is unpredictable. We can't be surprise if another push can break the boundary and up we go to 30,000 by next year second quarter Shocked
Could be and could not be, obviously it is always about this two right? You cannot speculate your investment all the time by saying it is unpredictable, sounds too desperate for me.

I was thinking we had broken that triangle even, to add to the other measures previously holding while we rose in price considerably.   A pullback is fair game at this point and we look further afield for a conclusive price to settle at and since we rose rapidly thats usually going to a bit below here.



So its losing the weekly average, not sure anyone else but me cares about that one but often we find ourselves maintaining above this measure when trending up.    I trust trends more then any other type of action, we can always burst up on news but thats my game to predict.    I think we got 20k near enough and thats the deal in the near term and we'll see later on the bigger picture prices where we can go but most interesting speculative trade right now is possible downside seems like.
Sure we do care about trends as that is what bring the market into certain mood.
And currently in the quite bad mood.
Pretty much sure to stop buying in largr scale with this situation unless if you are willing to digging your own grave.
full member
Activity: 2576
Merit: 205
here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick
yeah another false alarm  Grin

______

________________________________________

And now it's getting more critical as the Value of Bitcoin also dropping to $17,000 level again.


but were still in December and many factor that needs to be consider,also the speculation is actually not this year but the Next so if ever that we did not get it now still there is another chance (HOPEFULLY)

Better to be Wise than Keep the HODL.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick
Unfortunately it couldn't do it, the resistance at $20K look solid and strong any attempt to breakthrough by the price is rejected, I believed more institutional adoption of bitcoin and more positive fundamental news is the needed catalyst that can break that resistance else the price will continue to be rejected at that zone, meanwhile until the previous ATH is broken before the price can reach $30K. for now the price is currently experiencing a pullback I hope its a minor one.
STT
legendary
Activity: 4102
Merit: 1454
I was thinking we had broken that triangle even, to add to the other measures previously holding while we rose in price considerably.   A pullback is fair game at this point and we look further afield for a conclusive price to settle at and since we rose rapidly thats usually going to a bit below here.



So its losing the weekly average, not sure anyone else but me cares about that one but often we find ourselves maintaining above this measure when trending up.    I trust trends more then any other type of action, we can always burst up on news but thats my game to predict.    I think we got 20k near enough and thats the deal in the near term and we'll see later on the bigger picture prices where we can go but most interesting speculative trade right now is possible downside seems like.
legendary
Activity: 1722
Merit: 2213
Stuck in a triangle awaiting for a breakout by the looks of it... price starting to look boring:



If we break-out to the upside there's a good chance we fly past $20K  Cool
sr. member
Activity: 2366
Merit: 332

Even with a charm of millions dollar future contract that will expire by the end of next month predicting the price will pass over 36000 usd.
We are now many times failed to get the price we wanted at over 20000 to stay longer.
Rejected over and over again and could be a signal to use your seatbelt in the downfall anytime soon.
I dont know people seems so done now so do i.

The rejection of 20,000 for this season may not be a signal that will push price to fall. Bitcoin is unpredictable. We can't be surprise if another push can break the boundary and up we go to 30,000 by next year second quarter Shocked
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