Bitcoin 2017 - 2021. Better price not yet to come. Be careful - page 3.

illnino

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Quote from: Chrystora123 on November 18, 2020, 09:42:55 AM

Quote from: ?? on ??

Quote from: CyberKuro on November 18, 2020, 08:35:53 AM

snip..

Many peoples are ready to buy the Bitcoin so as soon as possible it will going to moon. Many investors are plan to buy huge investment in BTC so $20k is possible in before end of the year. In 2017 is the best year in crypto industry so everyone happy celebrate this rapid peak. It is decentralized platform so anything will possible on crypto platform so we must actively monitor the crypto market.

I am constantly monitoring Bitcoin price movements every day and I am pleased with Bitcoin price growth which is slowly but surely heading towards $20k. most likely before this year is over Bitcoin will be at $20k or more, let's keep an eye on the price of Bitcoin..

If it happens and Bitcoin is traded for 20 thousand, all will start talking about 2020 not only about the year of Coronavirus. It will be called the year of the cryptocurrencies flourishing. Suppose, we have all chances to see it very soon.

Raflesia

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Quote from: beerlover on November 23, 2020, 12:18:00 PM

Hence at the end of the day we are not going to really change anything big. Hence I believe after we go above $20k, there will be a long steady period, maybe it will fall after that or go higher but for like a month or so we are probably going to stay there without moving.

Well of course we will redeem a higher level but the target now is $ 20k to be reached but still this price will not be stable for longer and usually bearish is waiting if the price is high that's what we have to correct because it will cause a big polemic when it occurs later.
but still if it is more stable than usual $20k will continue to get closer and decrease until it is so we will see that bitcoin is more stable to be a valuable asset.

beerlover

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Stable price or range bounded price levels would probably happen after we break ATH because it is going to be difficult for everyone. There will be people who would like to sell, and there will be people who would like to buy, and at the end of the day we are going to not really have any problems with the price because those two sides will probably break even after ATH, it won't go up like it has so far because there will be a lot more people selling, but we won't go down because we are in a hype and there are plenty of reasons to buy as well.

Hence at the end of the day we are not going to really change anything big. Hence I believe after we go above $20k, there will be a long steady period, maybe it will fall after that or go higher but for like a month or so we are probably going to stay there without moving.

elisabetheva

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Quote from: ?? on ??

I remember the crypto market in 2017, and then I lost more than I earned due to my inexperience, but today I have already known what to do. To my mind,
for beginners, the best choice would be to wait for a rollback of bitcoin to the 6k level and then buy long and make your profit. Good luck Cool

Your hopes for bitcoin at the $ 6K level may be difficult to materialize this year, now that it is already at the price of $ 18K it will take a long time to reach what you want. In fact, bitcoin is now in a period of increase and the possibility of going down could happen but not that far, because bitcoin will also increase again if there is a decline. remember this is the period when bitcoin will continue to increase, so take this opportunity so you can enjoy it too.

tranthidung

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Above all analyses or theories, please remember bitcoin price is on its yearly upwards trend. It is enough if you ignore all ups and downs of bitcoin in last more than 10 years.

Fact sheet for bitcoin price (daily low, high, close price over years)

Quote from: bitgolden on November 22, 2020, 01:40:29 PM

What people are missing out on this is the simple fact that 2020 has been higher than any other year on average, obviously other years may have some higher numbers for example 2017 having $20k but we are talking about a whole year average price and 2020 has been the best year ever for that.

It is the best if you look at it neutrally or look at it as a person stays outside the market.

If you have been in the market this year, you can get huge profits or huge loss and your entry, exit prices decide profit or loss. No one has same profit/loss in the market.

Quote from: ?? on ??

I remember the crypto market in 2017, and then I lost more than I earned due to my inexperience, but today I have already known what to do.

True that. In bull market, you can get profit very easily but the hard part is how to keep such profit in your balance.

Quote from: Rebisco on November 22, 2020, 08:31:16 AM

Leverage is not easy and I always telling to a lot of people because there are times that they are doing over leverage and they will regret it whenever they lose it, the price of the bitcoin is becoming and it is true that the history can repeat itself.

Nothing is wrong with leverage if you know what you are doing, where to entry and where (at price) your orders will be liquidated with the leverages you use for your orders.

Quote from: Ridwan Fauzi on November 22, 2020, 08:04:42 AM

We can't rely on the technical analyst only, you should be better to look with the another side especially fundamental analyst.

You need fundamental analysis and on-chain analysis. Technical analysis is useless due to manipulations but discover manipulations is a beauty of investment and tradings.

Quote

Also, based on the chart at 2017 ago we didn't have a history chart to make a decision when should we buy and sell. But now, we can see the previous histroy to make a decision

It is not as simply as that. History can be repeated or not and whales can set up traps for you if you blindly look at history and believe it will be repeated.

bitgolden

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What people are missing out on this is the simple fact that 2020 has been higher than any other year on average, obviously other years may have some higher numbers for example 2017 having $20k but we are talking about a whole year average price and 2020 has been the best year ever for that.

Except the 2 month period between march to may, we have seen huge numbers consistently and that is not something we have seen before, it was always up and down for us every single year and that is really something special. If you ask me I am not expecting huge numbers but I expect $14k+ by the end of the year consistently without dropping under that ever, probably go even higher in 2021 as well without dropping under that level as well, we are not going to see lower from bitcoin ever again in it is history.

Krabby

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Quote from: so98nn on November 16, 2020, 10:15:29 AM

With the current stats it does look like bitcoin will trade sweet at 20K in the coming days.

The 45 days window is perfect for it to achieve that much trading volume. With the holidays up-ahead many people do trade bitcoin for fun, for investments and part time stuff. This makes it more easier for bitcoin to go upwards and hold the ATH position.

From your graph itself we can make a match the current path is perfect one to reach 19-20k USD rates.

Well, I think the crowd will keep pushing Bitcoin's price until it hits a big sell wall for those who bought a lot of Bitcoin at ATH of 2017

I suspect that when Bitcoin's price reached its ATH peak it was sold off again. Then for sure, downtrend and Bitcoin will fall to $ 14k5 soon. Therefore, if there is a profit, please sell it, especially to sell a lot at about 19k $ to avoid being dumped by other holders first.

kapalmabur

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before reaching the new all time high, the price of Bitcoin still feels threatened,
we know it has been a long time since the price of Bitcoin has been below the all time high, yup 2017-2020 is 4 years,
just watch the market, if the price reaches the new ATH then it will create a new chart and the cycle will changed

Rebisco

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Leverage is not easy and I always telling to a lot of people because there are times that they are doing over leverage and they will regret it whenever they lose it, the price of the bitcoin is becoming and it is true that the history can repeat itself. The current movement of the bitcoin is telling that the price will go into some consolidation first before it pierced the ATH. But we all know that trading is a game of possibilities so we should always be prepared anytime for us to avoid huge dump. For those who will do margin trading, be careful and manage your risks very well.

Ridwan Fauzi

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We can't rely on the technical analyst only, you should be better to look with the another side especially fundamental analyst. At this situation, we still have a chance to reach even pass the previous all time high. Many people will only focus to safe their money or find another place to make their money grow, of course they will look bitcoin as an alternative.

Also, based on the chart at 2017 ago we didn't have a history chart to make a decision when should we buy and sell. But now, we can see the previous histroy to make a decision, we can see the strong support/resistence and we can predict when bitcoin price will meet the correction. As for taking profit issue, it is depend on the trader they will have a different target and they will accept every consequence that will get.

Psynthax

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Quote from: Chrystora123 on November 18, 2020, 09:42:55 AM

I am constantly monitoring Bitcoin price movements every day and I am pleased with Bitcoin price growth which is slowly but surely heading towards $20k. most likely before this year is over Bitcoin will be at $20k or more, let's keep an eye on the price of Bitcoin..

No kidding. The price of BTC although seems like a rollercoaster if you look at different perspective for example long term investor it always goes up. $20K? that's piece of cake if the trand of going up like this persist for another decade. I don't think we gonna have some extreme price rally like it was in 2017 but if it's steady and UP it's already more than enough.

MWesterweele

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Quote from: wxa7115 on November 20, 2020, 11:15:21 AM

Quote from: tranthidung on November 16, 2020, 09:53:06 AM

The time-series plots (charts) give you enough visual data for daily high price (in 2017, 2018, 2019, 2020) and daily volume.

It has around 45 days till the end of 2020 and if history repeats itself, better things not yet to come.

But be careful with your trading orders and extremely careful if you are trading with high leverages. You can keep your greediness and wait for higher price in rest days of this year but it is not a most wisely way to take profit.

It is not my financial advice.

It's really interesting to see how similar the charts are and if in fact the story repeats itself then were about to see a price that is much higher than the previous all time high, I'm just worried a little bit because the price is giving no sign of going down even slightly, each day the price goes up and while many would consider this to be a good thing I'm worried because that probably means that we are in a bubble once again.

And while those that like to speculate with the price will be content with it those that are long term holders are probably get discouraged if we see another crash as huge as the one that we saw after the bubble of 2017.

If its true that the story repeat itself then we should be watchful and ready to whatever may happen next to the bull of bitcoin market value after this year ends. Everyone knows how the value of bitcoin dumped to its lowest price after that bullish. 2017 was a year of bitcoin and if this year 2020 the bitcoin value may reach the 2017 ATH and much better if it breaks the last time highest market value then as what i get from the point "story repeat itself" we should be ready and learned from the past experienced of 2017.

death69

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Love the volume. It is higher than all other years which prove that many people are bound to the market. With this stable volume, we can go even higher. If you are a margin trader with high level of leverage, you should lower it to less than 1:5. A correction can make your balance disappear with a rapid drop.

And remember not to short bitcoin at the moment. Too risky. And to all holders, dont hesitate to buy more bitcoin or top 10 altcoins. They are quite potential right now.

LUCKMCFLY

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If I rescue the fact that you must be careful, the price increases of Bitcoin are excellent, but we must wait for the correction to see how deep it is, it is also necessary to see that according to the volume that Bitcoin has presented is very good, the Shopping is happening on a daily basis, but the market is moved due to people's emotions.

The proximity of Christmas means that the price continues to increase, since demand increases by nature, you just have to be cautious, there are other reasons why the market increases that few know and that is that the demand in the DeepWeb increases and like everything in the deepweb is via Btc and Monero, this helps too.

cheezcarls

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By the looks of it, there’s a good chance that Bitcoin could move past it’s previous all-time high in 2017. Ethereum is also hanging on above $500. I did predict realistically that Ethereum would reach $500 before the end of 2020 at least, but I would be surprised if it reaches $600 to $700 this year. However, one of my colleagues posted on his timeline that there’s also a chance that BTC might crash somewhere between $14k to $15k before it’ll go allthe way up once again. Anything could happen because the price of Bitcoin, Ethereum and other cryptocurrencies cannot be predicted. They can pump or dump without warning. I don’t agree about being careful, but we should only invest and trade what we can afford to lose, with proper risk management of course.

tranthidung

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Quote from: redsun114 on November 20, 2020, 03:33:20 PM

I would say wait for moon to take profits because I don't see a reason why the price would fall back at all. All the market charts and speculations are only positive and actually during such positive trading environment no one dumps while purchase of BTC keeps happening and yeah I guess it is a good idea to take some profits and move on but you might regret once we actually go to the moon in terms of prices.

Naturally you will lift up your price target if price of bitcoin moves up more and you will hesitate to take profit from price to price. Price can move higher sure but hesitation will prevent you taking profit and it also prevent you to react when bitcoin pulls back dramatically.

I am bullish with bitcoin in the long run but it is not a time to be greed. Make your plan and protect your profit you have earned on the computer screen so far. Turn it into real profit, not only on the screen.

The Doji has not yet appeared but it will do soon.

Hamphser

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Quote from: Smartvirus on November 20, 2020, 11:24:46 AM

I never imagined bitcoin reaching this price of 18k+ by now, talk more of the end of the year. In fact, in my interview at the reputation section, I had predicted a 15k price closure for the year but what is happening now beats all that and it doesn't seem like it's going to be rejected too far below 18k should it stop appreciating in price. So, it's right to say the best price is yet to come as it's by far beating all expectations and only more highs can be expected especially before this month of November runs out. A lot of hoarders are very much smiling right now.

Lucky for those who believed and still hold or to those who do able to buy when the price was still in 10k price on which we are still on sideways movement for several months.
They are indeed making at the moment and as you mentioned about speculations then theres are lots of threads that do even talk where the price can only reached out 14-16k for
this year and im one of them that do believe on such thing but all of those speculations and presumptions had been broken and this is why bitcoin is really unpredictable where
it can surprise out everybody into its potential when it comes to growth in a short span of time.

redsun114

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Quote from: Oceat on November 18, 2020, 12:38:29 PM

It seems that the chart is like repeating the history again. Are we gonna see the $20k next month? I'm actually a bit nervous everytime I look at the chart and the price is slowly breaking the unexpected price I never thought could be attain within just a few weeks. It usually starts in December but this isn't the time yet but I can't tell when is the price correction would step in.

That is why the best way to react to the current trend is just wait and watch and mind you, there might be some corrections coming soon so don't panic when they happen and have faith in your investment. There are articles on known websites about BTC reaching $100k but those are all speculations and honestly no one knows what is going to happen in the net few months.

Quote from: tranthidung on November 19, 2020, 09:13:35 AM

I don't think the second scenario will happen in 2020 but bitcoin is always crazy and blows our minds away. Let's see and remember don't wait for Moon to take profit (do it partially along the journey), also don't use high leverages when market and traders are in crazy mood.

I would say wait for moon to take profits because I don't see a reason why the price would fall back at all. All the market charts and speculations are only positive and actually during such positive trading environment no one dumps while purchase of BTC keeps happening and yeah I guess it is a good idea to take some profits and move on but you might regret once we actually go to the moon in terms of prices.

Smartvirus

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I never imagined bitcoin reaching this price of 18k+ by now, talk more of the end of the year. In fact, in my interview at the reputation section, I had predicted a 15k price closure for the year but what is happening now beats all that and it doesn't seem like it's going to be rejected too far below 18k should it stop appreciating in price. So, it's right to say the best price is yet to come as it's by far beating all expectations and only more highs can be expected especially before this month of November runs out. A lot of hoarders are very much smiling right now.

wxa7115

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Quote from: tranthidung on November 16, 2020, 09:53:06 AM

The time-series plots (charts) give you enough visual data for daily high price (in 2017, 2018, 2019, 2020) and daily volume.

It has around 45 days till the end of 2020 and if history repeats itself, better things not yet to come.

But be careful with your trading orders and extremely careful if you are trading with high leverages. You can keep your greediness and wait for higher price in rest days of this year but it is not a most wisely way to take profit.

It is not my financial advice.

It's really interesting to see how similar the charts are and if in fact the story repeats itself then were about to see a price that is much higher than the previous all time high, I'm just worried a little bit because the price is giving no sign of going down even slightly, each day the price goes up and while many would consider this to be a good thing I'm worried because that probably means that we are in a bubble once again.

And while those that like to speculate with the price will be content with it those that are long term holders are probably get discouraged if we see another crash as huge as the one that we saw after the bubble of 2017.

Topic: Bitcoin 2017 - 2021. Better price not yet to come. Be careful - page 3. (Read 1329 times)