Could be a while yet. The most important thing is that it went for it. I really wasn't expecting that so soon. Every time it shies away from it just means when it does do it it'll happen with some serious conviction.
It could be tomorrow. It could be well into next year. Either works fine for me. We're in a great position.
Topic: 3rd times the charm 20K ok I was wrong, 6ths time the charm - page 3. (Read 884 times)
here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick
I have this feeling that we can reach the $20 k mark before the end of the year, there's a lot of positive news coming out we just need one big pump to reach that level, remember we have one big pump that was 10% just last month so I think that it's possible and can be done this month before the month and the year ends.
Volume has gotten very low the last several days. A big move is definitely about to happen.
I'm torn, maybe leaning 60-40 in favor of a bullish resolution. Can't rule out a brutal shakeout from here though, especially since everyone seems so bullish. That Fear & Greed index is looming.
I'm torn, maybe leaning 60-40 in favor of a bullish resolution. Can't rule out a brutal shakeout from here though, especially since everyone seems so bullish. That Fear & Greed index is looming.
I've always seen low volume to indicate that the move is without conviction, which in this case is our move up to a 3 year high.
True, some people would consider rising on low volume to be bear flag behavior.
Or maybe it's just "the calm before the storm." Volume might come in after the ATH is broken, confirming the strength of the trend. I don't think we have enough information to say yet.
Nah, we are still far from $20k, currently at $19,300 per CMC. I'm not sure though if this is the 3rd time that we are trying to break to $20k though, but the last time, big resistance again and obviously, it was followed by a retracement to sub $19k. We will go there eventually, just need more patience mate.
Why do you think that we are far from $20K? It's 19K right now and you know what? People remember very well that we reached 20K high and it was back in 2017. Historically, expectation of people is that bitcoin's price should rise and it should be higher than it was previously. Also, you may already know that people have high expectation on halving and it was the reason that pushed bitcoin to become as high as 20K (from $600). Right now, the same situation happens. The rate of bitcoin's price rise is similar of previous year and if we moved from 600 USD to 20 000 USD (33x rise), then why do you think that people will have lower expectation right now? So we aren't far from 20K, we haven't been so near before.Maybe he doubt that bitcoin can reached that and I can't blame him since we have so many fall experienced and maybe that is the reason why he think that we cannot achieve that price this year.
But it has really a big possibilities that $20k will be reachable these year since we are near to spot that and as you said many expect that to happen and this expectation brings the hype since it could lead to more buy orders which can help the growth of the price.
4th times the charm maybe? As long as price keeps making higher lows then the resistance will break eventually... even if $19.5-$20K looks like strong resistance.
There's 50 & 100 MA bullish cross over support around $18.4K, that could be the quick wick to a higher low before finally breaking through the resistance area.
Otherwise, if resistance hold up, we'll be looking at $17K levels and wondering whether we'll correct further or consolidate sideways I guess.
There's 50 & 100 MA bullish cross over support around $18.4K, that could be the quick wick to a higher low before finally breaking through the resistance area.
Otherwise, if resistance hold up, we'll be looking at $17K levels and wondering whether we'll correct further or consolidate sideways I guess.
Nah, we are still far from $20k, currently at $19,300 per CMC. I'm not sure though if this is the 3rd time that we are trying to break to $20k though, but the last time, big resistance again and obviously, it was followed by a retracement to sub $19k. We will go there eventually, just need more patience mate.
Why do you think that we are far from $20K? It's 19K right now and you know what? People remember very well that we reached 20K high and it was back in 2017. Historically, expectation of people is that bitcoin's price should rise and it should be higher than it was previously. Also, you may already know that people have high expectation on halving and it was the reason that pushed bitcoin to become as high as 20K (from $600). Right now, the same situation happens. The rate of bitcoin's price rise is similar of previous year and if we moved from 600 USD to 20 000 USD (33x rise), then why do you think that people will have lower expectation right now? So we aren't far from 20K, we haven't been so near before. We are going to keep trying until we break over it for sure. Remember the 10k price point? We have tried that many many times, even went over it as well but in the end we have dropped and went above and dropped and went above without much success for a very very long time. It took only one time for us to actually have a huge hype and after that not only we broke over 10k, we are near 20k right now which is double.
So, what I truly believe is that we are at near 20k right now and it might be hard for us to go over it for a while, but I also believe that we are going to end up seeing a huge increase eventually will make 20k look like not a big deal at all, being 20k will be easy, it is how much higher could it get that is difficult.
its the btc but who makes the price of btc , its still the people so yeah we should try and try until we succeed to reach that goal . the goal is not that far and only takes a little patience in holdling and also a little more of buying in the side and im sure that we can get it . So, what I truly believe is that we are at near 20k right now and it might be hard for us to go over it for a while, but I also believe that we are going to end up seeing a huge increase eventually will make 20k look like not a big deal at all, being 20k will be easy, it is how much higher could it get that is difficult.
i remember that 10k your saying mate but who wouldnt be ? because that 10k was verry annoying but we can use that as an inspiration that price can go back and forth and once it breaks itl burst
We are going to keep trying until we break over it for sure. Remember the 10k price point? We have tried that many many times, even went over it as well but in the end we have dropped and went above and dropped and went above without much success for a very very long time. It took only one time for us to actually have a huge hype and after that not only we broke over 10k, we are near 20k right now which is double.
So, what I truly believe is that we are at near 20k right now and it might be hard for us to go over it for a while, but I also believe that we are going to end up seeing a huge increase eventually will make 20k look like not a big deal at all, being 20k will be easy, it is how much higher could it get that is difficult.
So, what I truly believe is that we are at near 20k right now and it might be hard for us to go over it for a while, but I also believe that we are going to end up seeing a huge increase eventually will make 20k look like not a big deal at all, being 20k will be easy, it is how much higher could it get that is difficult.
Its within the channel still so the probability says yes till proven otherwise. This is how I draw it anyway and it seems to be a good regular parallel channel with upper and lower bands to the pace of growth for over a month now seems like. Its faltered at times but mostly I've been impressed by how reliable its been and quite tradable on those boundaries.
We're extended past 50 and 200 day averages which adds some risk but so far theres no reason it shouldnt challenge and pass 20k, probably next week to confirm that I think.
We're extended past 50 and 200 day averages which adds some risk but so far theres no reason it shouldnt challenge and pass 20k, probably next week to confirm that I think.
Well, I think that when it reaches $ 20k it will be something fast, but it would be excellent if it stayed a good time between $ 20k $ 25k to achieve a good liquidity pool and when the bears come to try to lower the price it will not be so easy. After that, $ 30k will be a good goal to reach.
We'll see this time wont be rejected.But i still doubt we will make it this year , people still think it is too early , that is why the 20k attempt always fail in the last couple weeks and probablu will still doing so in the next few weeks.
Not until the altcoin season ended which it is only a beginning for now.
Late january to mid april is my estimation the price coild be decided whether to restart bullish or back get dump hard. I still believe there is a chance to have a massive dump.
I think anyone who is interested in keeping Bitcoin for a long time and seeing the eventual rise up to 30k+ should be happy that it stays low for longer. It sounds disingenuous, but as with most people who are preaching to "buy the dip", I love to see the value of Bitcoin drop and would rather it makes a steady rise up above 20k levels than jump up too quickly.
Well, I think that when it reaches $ 20k it will be something fast, but it would be excellent if it stayed a good time between $ 20k $ 25k to achieve a good liquidity pool and when the bears come to try to lower the price it will not be so easy. After that, $ 30k will be a good goal to reach.
here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick
Hard to tell because when we do gets close on breaking that 20k barrier then the price do bumped back and correct itself.So im not really that anticipating that this time around it will really be
breaking that wall that majority had been waiting for it to be penetrated.
One things for sure that we would really able to see new heights but ofcourse it would really be on that definite time yet we cant know if this scenario would keep repeating for a while or
for months and that is somewhat really a stressful and annoying situation.
The thing ive been doing now is that everytime the price tending to reach out high and then corrects then thats the time i do make some purchase and then
sell later on when it do recovers.Rinse and repeat....
Those pullbacks that happened could pull the trigger to $20k. And reaching $30k quickly, I'm imagining what just happened from $10k-$19k. Those moments were quick so it's also possible to happen again. As usual, we don't know what's next and only wanting to see positive movement even with corrections. Whilst CNBC gives a lot of exposure for bitcoin, that makes me worry.
here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick
Every person who had invested will have this opinion. Because they need fund in wallet doesn't include from ir. When the price of bitcoin had crossed with high price auch as 20k$.When the price had increased about 20k$, I won't sell my valuable bitcoin.Selling ay high price doesn't mean, you get profit.
In my opinion, we will not reach $30000 fast. There will be a lot of obstacles ahead blocking us from reaching our target.
No expectation of 20,000 this year from 4,000 in the beginning and it got this high to ATH again. So we can still see continue price bull . No obstacle as covid-19 for next year and that can help free movement of the price.
here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick
Volume has gotten very low the last several days. A big move is definitely about to happen.
I'm torn, maybe leaning 60-40 in favor of a bullish resolution. Can't rule out a brutal shakeout from here though, especially since everyone seems so bullish. That Fear & Greed index is looming.
How awesome have we performed lately? I cant believe that we reach $20k so fast. I remember bitcoin was only more than $3000 in march and now we are heading toward $30k
In my opinion, we will not reach $30000 fast. There will be a lot of obstacles ahead blocking us from reaching our target.
In my opinion, we will not reach $30000 fast. There will be a lot of obstacles ahead blocking us from reaching our target.
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I know that the bitcoin price seems hard to break by $20k because every time the bitcoin price touches $19k, it will be back to the lower price, so it will need more time to stay at $19k. I am sure that bitcoin will hit $20k in the future, and maybe it will happen in the next year, so waiting will be the best thing that we can do besides trying to buy and sell bitcoin to make more profit.
here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick
There is a famous quote that analysts are saying.The more it touches the resistance, the higher chance that it will break through it.
I might be wrong but 3 times isn't enough for the $20,000 price to be broken. As long as the sellers are getting liquidated near the $20,000, more and more buyers will come and it will cause its price to stop. It will just be a matter of when it will happen. Possible too that Christmas will be the day that it will break its previous ATH and will touch the $20,000.
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