3rd times the charm 20K ok I was wrong, 6ths time the charm - page 4.

exstasie

legendary

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Quote from: jubalix on December 03, 2020, 03:31:46 AM

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.

CODE200

sr. member

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Quote from: Mahdirakib on December 03, 2020, 06:22:10 AM

Bitcoin price is floating much now. Recently the price reached near to 20k usd twice, last time it was too close. But it couldn't touch the mark and suddenly the price dropped. Now we are again on the way to 20k, though still not close enough. Can't say anything surely but I hope bitcoin will surely reach there soon, if it fail again this time. And it will go more up after crossing this mark.

phrase "can't say anything surely" speaks for the market in general. It is just hard to determine how will the market behave because things are way unpredictable. The market price could either continue increasing or a dump in its price could suddenly occur. The price is now indeed getting close to its ATH and possibilities are becoming higher to do so this time. Maybe those people who sold their holdings upon the market price downfall recently, are probably regretting doing so, that is why a deep market analysis should be first done before making an action.

dragonvslinux

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If we can close a 4hr candle back in the local resistance area of $19.4-$20K, I'd say it's pretty likely we'll break through $20K, even if it remains uncertain at present.

Some people believe in double and triple tops. No me, I find that the more price tests support or resistance, the more likely it is that it will break...

Strong volume support now moved upto $18.6K after a higher low was achieved, everything else is screaming bullish on this time-frame Cool

Mahdirakib

legendary

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In Search of Incredible

Bitcoin price is floating much now. Recently the price reached near to 20k usd twice, last time it was too close. But it couldn't touch the mark and suddenly the price dropped. Now we are again on the way to 20k, though still not close enough. Can't say anything surely but I hope bitcoin will surely reach there soon, if it fail again this time. And it will go more up after crossing this mark.

Akiko

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Quote from: cryptomaniac_xxx on December 03, 2020, 04:03:57 AM

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.

Yes this is the third time we are near to 20k$. Whales need to break the orders in 19500 before we can go to 20k$ it's possible to get in that price now as long as they break the 19500 but if not then we can see another pull back upto 18500. If Bitcoin break new ATH then I expect another correction in price.

btc_angela

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Quote from: Boov on December 03, 2020, 04:06:48 AM

Quote from: jubalix on December 03, 2020, 03:31:46 AM

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

Let's think for an optimal value at $25k and I foresee that $30k was for a long term expected price. There's no assurance that it would become an easy process when hitting that phase. If there's a quicker bounce then, sudden drop or fall might occur too fast which probably can cause panic if not being neutralized.

I think it is too early to see $25k or even $30k, the OP is speculating that maybe $20k is to breach, after all it will be the third time that we are attempting it again. But so far, at $19,300 it seems that we are going to be stuck again, so we maybe going into another zone of resistance and could see another downward trend in the next 4 hours, (I might be wrong though).

Boov

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Quote from: jubalix on December 03, 2020, 03:31:46 AM

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

Let's think for an optimal value at $25k and I foresee that $30k was for a long term expected price. There's no assurance that it would become an easy process when hitting that phase. If there's a quicker bounce then, sudden drop or fall might occur too fast which probably can cause panic if not being neutralized.

cryptomaniac_xxx

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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.

jubalix

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here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

edit 16.12.2020
annnnnnd we are through.....20500 as I watch now

ok, i was wrong 5 dumps from 20k.

I hope they were 100:1 leveraged bears.

edit 2.01.2021
annnnnnd there went the 30k pretty quick

Topic: 3rd times the charm 20K ok I was wrong, 6ths time the charm - page 4. (Read 869 times)