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

globalpain

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The OGz Club

Quote from: fauzan123 on January 22, 2021, 11:06:13 AM

Quote from: JooBra on December 28, 2020, 04:09:01 PM

Quote from: konflikkastil on December 28, 2020, 02:36:50 AM

Yes, I agreed with you that better price is yet to come. BTC is still going high and it will still go higher in the coming days. Looking at the chart carefully and putting other things into consideration. The rate at which BTC is going we should be looking for some sought of has not happened before because. In my own projections we are still going to see BTC go higher against all odds. BTC presently trading above $25,000. And it's still going high.

The post we wrote are only 1month old and we see what we spoke and what it is now... BTC grow way past 20k so it's a really bullish run.

It's a miracle that this pandemic also benefits crypto users, of course this is one of the main attractions where Work form Home can be a trigger, one of which is a positive movement in bitcoin.

This makes people more interested in getting passive income, of course new things will happen for them, such as investing, trading and even other online businesses they will do, it seems that there are indeed many new users in the world of crypto currencies during a pandemic, of course this makes one the reason the bitcoin price goes up is valid, yeah! mass adoption is happening in this pandemic, and it's very profitable

fauzan123

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Quote from: JooBra on December 28, 2020, 04:09:01 PM

Quote from: konflikkastil on December 28, 2020, 02:36:50 AM

Yes, I agreed with you that better price is yet to come. BTC is still going high and it will still go higher in the coming days. Looking at the chart carefully and putting other things into consideration. The rate at which BTC is going we should be looking for some sought of has not happened before because. In my own projections we are still going to see BTC go higher against all odds. BTC presently trading above $25,000. And it's still going high.

The post we wrote are only 1month old and we see what we spoke and what it is now... BTC grow way past 20k so it's a really bullish run.

It's a miracle that this pandemic also benefits crypto users, of course this is one of the main attractions where Work form Home can be a trigger, one of which is a positive movement in bitcoin.

tranthidung

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Farewell o_e_l_e_o

Update

Price and volume charts

Volume hits its all time high at $123,320,567,399 on 11 Jan 2021. So impressive!
It is a rise of about 50% from 4 Jan 2021. After the all time high, volume is falling to around $70 billion per day

Bump-Hump-Lump-Dump pattern

It is an interesting pattern for bull market
Finally, the 2020 - Jan 2021 parabolic growth is broken and it fits the pattern.
Anyway, let's try to accumulate more bitcoin with such breaks and prepare for next bull round. The parabolic curve is on-going

Don't worry about the recent correction, it is expected

According to the Mayer Multiple bands.
The price has not topped yet for this bull market. The band will be expanded or narrowed down (but it might be expanded more as it is a bull market) and for now the top is around $73k

elisabetheva

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Quote from: konflikkastil on December 28, 2020, 02:36:50 AM

Yes, I agreed with you that better price is yet to come. BTC is still going high and it will still go higher in the coming days. Looking at the chart carefully and putting other things into consideration. The rate at which BTC is going we should be looking for some sought of has not happened before because. In my own projections we are still going to see BTC go higher against all odds. BTC presently trading above $25,000. And it's still going high.

Bitcoin has now reached the renewable ATH again at $ 41,940 and may continue to grow with the development of time but it must be remembered that bitcoin has often done short term in a matter of hours and can go down drastically and increase drastically. so the possibility still could happen.
but this is the time bitcoin and altcoin will update its ATH.

Quote from: JooBra on December 28, 2020, 04:09:01 PM

The post we wrote are only 1month old and we see what we spoke and what it is now... BTC grow way past 20k so it's a really bullish run.

it is true that there has indeed been an increasing movement of bitcoin and it will continue to be done, but once again it must be remembered that bitcoin is already short term and can do anything quickly both down and up.
in fact this is an opportunity for the altcoin to reach its newest ATH.

tranthidung

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Farewell o_e_l_e_o

Happy new year and I have my first update in 2021 for you.

Price maintains its rise since the massive weak down with the return of Western market after a very long holidays.
Price sets it new all time high.
Volume: I talked about volume in previous posts and here you go with new all time high in daily volume (in $) within a first week of 2021
Reminder: there is new all time high for volume but it is in $ value. Keep in mind that daily volume in BTC traded is different and has not yet reached new all time high
The bar chart is for top-20 days in daily volume

JooBra

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Quote from: konflikkastil on December 28, 2020, 02:36:50 AM

Yes, I agreed with you that better price is yet to come. BTC is still going high and it will still go higher in the coming days. Looking at the chart carefully and putting other things into consideration. The rate at which BTC is going we should be looking for some sought of has not happened before because. In my own projections we are still going to see BTC go higher against all odds. BTC presently trading above $25,000. And it's still going high.

The post we wrote are only 1month old and we see what we spoke and what it is now... BTC grow way past 20k so it's a really bullish run.

konflikkastil

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Sovryn - Brings DeFi to Bitcoin

Yes, I agreed with you that better price is yet to come. BTC is still going high and it will still go higher in the coming days. Looking at the chart carefully and putting other things into consideration. The rate at which BTC is going we should be looking for some sought of has not happened before because. In my own projections we are still going to see BTC go higher against all odds. BTC presently trading above $25,000. And it's still going high.

tranthidung

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Farewell o_e_l_e_o

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

If bitcoin breaks $20k and jumps into the Bullish-extension area, it might reach $27k.
Further than that, the Overbought area might help bitcoin moving up to around $49k.

Hey. Eventually, bitcoin almost reached $27,000. Just a few dollars to hit $27,000 about 6 hours ago. The price rocks as expected but the volume has not yet topped it up. If you compare the 26 Dec's volume to highest daily volume this year on 12 Mar, it is only about 65% of the yearly high of volume. It's the point guys.

Let's take a look at history price charts (somewhat fractals) and volume charts for 3 years: 2016, 2017, and 2020 then you will see what I meant.

Additionally, let's look at the history of bitcoin streaks with my thread: Bitcoin Streaks (Rise/ Fall) - 2013 to 2020. Bitcoin is trying to set up its new rise streak since 23 Dec 2020 (my streak definition is for 5⁺-days streak).

Warnings

It is not my financial advice
2 scenarios for the top up of volume
- Bitcoin sets its higher all time high that triggers a huge FOMO-wave
- Bitcoin crashes (pull back or 30% correction) and that cause a huge volume when price weaks all the way down. Something is similar to what happen in March but with less of fear and uncertainty. Only retailers will shake their hands as big men are bullish with bitcoin and they have solid belief in bitcoin.

elisabetheva

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Quote from: ?? on ??

why not yet to come? As far as I know 2020 is better than the previous year,
compare the price of Bitcoin in 2018 and 2019, can it afford to $ 19k? Of course not,
because Bitcoin has not yet started mass adoption, and this year a start for mass adoption.

yes, now you know that 2020 is better than the previous year so bitcoin makes renewable ATH and the possibility that the new ATH will come back in 2021 might be even more fantastic than at the end of this year. we will wait for it because this is a prediction of the Halving that occurs every 4 years.

tranthidung

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Farewell o_e_l_e_o

it is the time to celebrate a new all time high for bitcoin. Yesterday is a really big day for bitcoiners (of course, I hope you did not short bitcoin and short with with too high leverages).

As of writing, bitcoin is trying to keep the price at $20,000 but you should know on BitMEX hours ago the highest price is $22273. It is not because of support and demand but it comes from liquidations. It is the reason I told you to be careful.

Some points to note:

Bitcoin hits its new all time high
The volume is still low and is about 59.8% of Volume's All time high at $74.16 billion on 13 Mar 2020
If you sort out the daily volume, yesterday has its volume is ranked at 48th position

Code:

+------------------------------+
   | rank Date volumebil |
   |------------------------------|
   1. | 1 13-Mar-20 74.15677 |
   2. | 2 30-Apr-20 66.96463 |
   3. | 3 10-May-20 63.32528 |
   4. | 4 8-Oct-20 63.31479 |
   5. | 5 26-Nov-20 61.39684 |
   6. | 6 7-May-20 61.1127 |
   7. | 7 29-Apr-20 60.20105 |
   8. | 8 11-May-20 57.11986 |
   9. | 9 29-Oct-20 56.4995 |
  10. | 10 14-May-20 56.42691 |
  11. | 11 20-Mar-20 54.44298 |
  12. | 12 10-Sep-20 54.40644 |
  13. | 13 12-Mar-20 53.98036 |
  14. | 14 8-May-20 51.78075 |
  15. | 15 24-Nov-20 51.46957 |
  16. | 16 19-Mar-20 51.00073 |
  17. | 17 26-Feb-20 50.42005 |
  18. | 18 1-Dec-20 49.63366 |
  19. | 19 6-May-20 49.37189 |
  20. | 20 13-Feb-20 49.35607 |
  21. | 21 18-Nov-20 49.0648 |
  22. | 22 24-Mar-20 48.22191 |
  23. | 23 15-May-20 48.1588 |
  24. | 24 30-Nov-20 47.72848 |
  25. | 25 2-Apr-20 47.66064 |
  26. | 26 18-Feb-20 47.27102 |
  27. | 27 3-May-20 47.10178 |
  28. | 28 19-Feb-20 46.99202 |
  29. | 29 9-Mar-20 46.937 |
  30. | 30 6-Apr-20 46.8969 |
  31. | 31 16-Apr-20 46.78324 |
  32. | 32 9-May-20 46.56612 |
  33. | 33 23-Mar-20 46.49192 |
  34. | 34 17-Feb-20 45.9983 |
  35. | 35 4-May-20 45.7188 |
  36. | 36 13-May-20 45.55814 |
  37. | 37 27-Feb-20 45.4702 |
  38. | 38 16-Mar-20 45.36803 |
  39. | 39 11-Sep-20 45.20112 |
  40. | 40 26-Jun-19 45.10573 |
  41. | 41 24-Feb-20 45.0805 |
  42. | 42 20-Feb-20 44.92526 |
  43. | 43 5-Sep-20 44.91656 |
  44. | 44 14-Jan-20 44.84179 |
  45. | 45 28-Feb-20 44.60545 |
  46. | 46 25-Mar-20 44.59011 |
  47. | 47 26-Oct-19 44.49625 |
  48. | 48 16-Dec-20 44.40901 |
  49. | 49 7-Apr-20 44.24348 |
  50. | 50 1-May-20 44.06839 |
   +------------------------------+

tranthidung

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Farewell o_e_l_e_o

Quote from: maydna on December 02, 2020, 10:41:59 PM

You are right. If we can learn from experience before, especially when we made a mistake, that can improve our skills. I am sure that if we can get the point of the mistake and learn how to avoid the other mistake, we can profit in the future. Bitcoin is still fluctuating, and I am not sure if there is a sign of increasing higher, but I see that you can use the fluctuating for your own benefits.

Getting profit for that percentage is more than enough in these situations because not many of us can make that profit in that percentage. So we need to grateful that we can still make a profit. The bitcoin price will reach $20k someday, and if that is not happening this month, we don't have to worry because it will happen in the future.

You are right on the hidden chances to get profits from fluctuations. Big falls or big rises rarely happen, once in a few months (3 to 4 months) but fluctuations happen everyday. Why do I need to have 10% of rise to get profit? 1 percent of profit everyday (in fact you can get more than 2 repetitions each day) and 30 days, I can get 30% of profits from my capital. No need to hopelessly wait for 10%, 20% or 30% of increase in value within a few days.

As said, my priority is protect my capital, not to increase it by taking risks.

My words sound like I am a parsimonious investor or trader. Cheesy

maydna

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Quote from: tranthidung on December 02, 2020, 12:22:56 AM

Quote from: maydna on December 01, 2020, 10:41:57 PM

~snip~

It depends upon perspective and trading or investment strategies of each person. I learned from my past experience and now I will take profit at the points I identify (I could be correct or not correct with my calculation) though the price could rise up higher than my expectation. Today bitcoin is fluctuating around $18,500 and if it reaches $20,000, it will be nearly 8% of rise.

If I want to get 8% of profit, I cash out days ago at $18700, bought back at $17000 and here I go with 8.8% profit today. I would not lose any profit and get more. As said, my core approach is protection for my capital and already earned profit on screen. Why should I take risks on both losing my current profit just to get 8% more?

You are right. If we can learn from experience before, especially when we made a mistake, that can improve our skills. I am sure that if we can get the point of the mistake and learn how to avoid the other mistake, we can profit in the future. Bitcoin is still fluctuating, and I am not sure if there is a sign of increasing higher, but I see that you can use the fluctuating for your own benefits.

Getting profit for that percentage is more than enough in these situations because not many of us can make that profit in that percentage. So we need to grateful that we can still make a profit. The bitcoin price will reach $20k someday, and if that is not happening this month, we don't have to worry because it will happen in the future.

dzungmobile

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Quote from: ?? on ??

why not yet to come? As far as I know 2020 is better than the previous year,
compare the price of Bitcoin in 2018 and 2019, can it afford to $ 19k? Of course not,
because Bitcoin has not yet started mass adoption, and this year a start for mass adoption.

What is a mass adoption? Do you have any definition for it? Or it will be lifted up over years. Adoption began more than one decade ago since the two pizzas bought by Bitcoin. For mass adoption, I don't know a clear definition for it.

tranthidung

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Farewell o_e_l_e_o

Quote from: BTCappu on December 01, 2020, 02:16:55 PM

Since we are in a situation where it is going down and up constantly without really us being able to predict it, I would say leverage would be super dangerous at these days anyway, without looking at any charts.

Calculation, not prediction. Especially if you are using leverage trades, you have more due reasons to calculate price (entry and exit). Leverage trading is not gambling.

Quote from: maydna on December 01, 2020, 10:41:57 PM

You did great for taking your profit because many people don't profit when the price increases instead of waiting for another high price. That is not good for them, but they still do that over and over without realizing that the price will not stay at that high price. When we can see the profit appear at the market, perhaps, we can analyze for a bit to see if the price will still go up or down and if the situations are not good for the price to increase, perhaps, we need to take the profit and wait for another time to buyback.

It depends upon perspective and trading or investment strategies of each person. I learned from my past experience and now I will take profit at the points I identify (I could be correct or not correct with my calculation) though the price could rise up higher than my expectation. Today bitcoin is fluctuating around $18,500 and if it reaches $20,000, it will be nearly 8% of rise.

If I want to get 8% of profit, I cash out days ago at $18700, bought back at $17000 and here I go with 8.8% profit today. I would not lose any profit and get more. As said, my core approach is protection for my capital and already earned profit on screen. Why should I take risks on both losing my current profit just to get 8% more?

maydna

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Quote from: tranthidung on December 01, 2020, 08:40:56 AM

Quote from: maydna on November 30, 2020, 11:27:59 PM

Bitcoin price finally can break $19k and now hit the new ATH Grin

Sooner or later, the bitcoin price will go to $20k, and perhaps, that can happen this month.

Capital protection is the best thing and must be done. I take profit at the price I identify by my formula and wait for pull back to enter again. At the end, you need to cash out your capital in stable coins or fiat. I of course dedicate a fixed amount of bitcoin that I won't sell.

You did great for taking your profit because many people don't profit when the price increases instead of waiting for another high price. That is not good for them, but they still do that over and over without realizing that the price will not stay at that high price. When we can see the profit appear at the market, perhaps, we can analyze for a bit to see if the price will still go up or down and if the situations are not good for the price to increase, perhaps, we need to take the profit and wait for another time to buyback.

BTCappu

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Quote from: tranthidung on November 17, 2020, 07:45:52 AM

I warn you should be cautious if you are trading with high leverages due to 2 visual things from the chart:

Bitcoin blasts off and moves all the way up in short period
After reaching its peak, it weaks all the way down in short period too

BUT the volume chart shows the rise in 2020 has not yet reached its biggest momentum (in volume). It is a thing to note and keep in mind.

Anyway, it is not my financial advice and use the leverage you can control of liquidation risks and make your plan to take profits. Personally, I take profits in different batches. I don't take profits in one order or at one price or in one day. For you, it is your decisions.

In financial games, when everyone is talking about one thing, you know what to do.

Since we are in a situation where it is going down and up constantly without really us being able to predict it, I would say leverage would be super dangerous at these days anyway, without looking at any charts. Think about it, we are in a situation where we went to 19k+ first, dropped under 17k and now we are focusing on going over 18k+ and that means if you pick a leveraged position and if you are right, you could make insane amount of profit, like amount of profit we could never see anywhere, making 100x returns from it.

However if you are wrong, there is no way that you could come back from it, with just one small mistake you could lose all of your money, which is why I think it would not be smart to risk all the money you have in return of a 100x profit chance, it would be smarter to focus on more realistic stuff like maybe making 10% return.

tranthidung

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Quote from: lepbagong on November 28, 2020, 10:36:38 PM

Bitcoin is now a short term, can increase quickly and fall too like that.

Blast off and weak all the way down. People will buy up like they won't have another chance to buy bitcoin.

Quote from: GelatikKembar on November 29, 2020, 10:22:08 AM

How come it's not here yet? it is very clear, the Bitcoin price can break through $ 19,000 before the correction comes,
the correction that occurs is very reasonable, because it is certain that it is a healthy correction,

The question is "If you believe bitcoin will break $19,000 that tried to break off $20,000, will you close your eyes and buy like mad investor?" Or you will wait for correction, pull back?

Which decision is safer for you? Which one can help to protect your capital better?

Quote from: Nellayar on November 29, 2020, 05:02:50 PM

Its still possible for bitcoin to move higher. I am still bullish in bitcoin because based upon its dna, it pushes upward whenever it breaks its ath price. See what happen to last pumped, bitcoin pushed more than what we think of. The correction for bitcoin is still healthy, there is no signs yet that bitcoin will take the reversal period. Let us just be positive in market and wait till bitcoin double up its price.

How many times people said this time bitcoin will not be pulled back to where it takes off again and eventually they were wrong? Adoption, institutional investments or anything else that are positive won't make sure bitcoin won't be pulled back.

Quote from: darewaller on November 30, 2020, 11:19:01 PM

Accumulation period is always a period I am afraid of, many rich people accumulate bitcoin (or any investment product) during the same period but the poor people have very little amount of money they can risk, which means we do not accumulate not only because we are afraid, but we are also poor so we do not accumulate, we just invest with small amounts.

Whales however just wait and live for these moments, they keep on investing like crazy during the downfall so they could take advantage of the increase, if the price goes down even more like we fear, they will just continue to buy because they have so much money, same thing would hurt us a ton. This is why I think accumulation period is something for the rich people and not for the people who can't afford thousands of entry each time.

Crypto whales and financial whales are different. Bitcoin and crypto market operate in their own ways and rules. There are some common characteristics but they have many differences.

Quote from: maydna on November 30, 2020, 11:27:59 PM

Bitcoin price finally can break $19k and now hit the new ATH Grin

Sooner or later, the bitcoin price will go to $20k, and perhaps, that can happen this month.

Capital protection is the best thing and must be done. I take profit at the price I identify by my formula and wait for pull back to enter again. At the end, you need to cash out your capital in stable coins or fiat. I of course dedicate a fixed amount of bitcoin that I won't sell.

maydna

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Quote from: Nellayar on November 29, 2020, 05:02:50 PM

Quote from: GelatikKembar on November 29, 2020, 10:22:08 AM

How come it's not here yet? it is very clear, the Bitcoin price can break through $ 19,000 before the correction comes,
the correction that occurs is very reasonable, because it is certain that it is a healthy correction,
we have entered a season where it is said that this season is a bullish season for cryptocurrencies!

Its still possible for bitcoin to move higher. I am still bullish in bitcoin because based upon its dna, it pushes upward whenever it breaks its ath price. See what happen to last pumped, bitcoin pushed more than what we think of. The correction for bitcoin is still healthy, there is no signs yet that bitcoin will take the reversal period. Let us just be positive in market and wait till bitcoin double up its price.

Bitcoin price finally can break $19k and now hit the new ATH Grin

Sooner or later, the bitcoin price will go to $20k, and perhaps, that can happen this month. Many of us hope that the price will be at $20k or more this month, so in the next year, the bitcoin price can increase more than now and make a new ATH. We need to still aware of the correction that will happen in the market, so we don't panic if we see that time because that can be a good time to buy back bitcoin after we sell it at a high price. After the last correction, the price has more supports to reach the high price, and now, the price can back to $19,500.

darewaller

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Quote from: tranthidung on November 28, 2020, 04:37:27 AM

Accumulation time can be longer or shorter that we will never know ahead of time.

Accumulation period is always a period I am afraid of, many rich people accumulate bitcoin (or any investment product) during the same period but the poor people have very little amount of money they can risk, which means we do not accumulate not only because we are afraid, but we are also poor so we do not accumulate, we just invest with small amounts.

Whales however just wait and live for these moments, they keep on investing like crazy during the downfall so they could take advantage of the increase, if the price goes down even more like we fear, they will just continue to buy because they have so much money, same thing would hurt us a ton. This is why I think accumulation period is something for the rich people and not for the people who can't afford thousands of entry each time.

Nellayar

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Quote from: GelatikKembar on November 29, 2020, 10:22:08 AM

How come it's not here yet? it is very clear, the Bitcoin price can break through $ 19,000 before the correction comes,
the correction that occurs is very reasonable, because it is certain that it is a healthy correction,
we have entered a season where it is said that this season is a bullish season for cryptocurrencies!

Its still possible for bitcoin to move higher. I am still bullish in bitcoin because based upon its dna, it pushes upward whenever it breaks its ath price. See what happen to last pumped, bitcoin pushed more than what we think of. The correction for bitcoin is still healthy, there is no signs yet that bitcoin will take the reversal period. Let us just be positive in market and wait till bitcoin double up its price.

GelatikKembar

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How come it's not here yet? it is very clear, the Bitcoin price can break through $ 19,000 before the correction comes,
the correction that occurs is very reasonable, because it is certain that it is a healthy correction,
we have entered a season where it is said that this season is a bullish season for cryptocurrencies!

lepbagong

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Quote from: JooBra on November 28, 2020, 03:28:10 PM

Quote from: tranthidung on November 17, 2020, 07:45:52 AM

I warn you should be cautious if you are trading with high leverages due to 2 visual things from the chart:

Bitcoin blasts off and moves all the way up in short period
After reaching its peak, it weaks all the way down in short period too

BUT the volume chart shows the rise in 2020 has not yet reached its biggest momentum (in volume). It is a thing to note and keep in mind.

Anyway, it is not my financial advice and use the leverage you can control of liquidation risks and make your plan to take profits. Personally, I take profits in different batches. I don't take profits in one order or at one price or in one day. For you, it is your decisions.

In financial games, when everyone is talking about one thing, you know what to do.

All what you said here we have seen in couple of days. All people should write this down and look at it from time to time...

Bitcoin is now a short term, can increase quickly and fall too like that. has been done several times over the past few months.
I believe that no surprises will happen at the end of this year from bitcoin and it will happen next year.

I agree that everyone already knows the state of bitcoin in doing this and I agree if you want to observe from time to time for those who still don't believe there will be an increase in the next year.

JooBra

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Quote from: tranthidung on November 17, 2020, 07:45:52 AM

I warn you should be cautious if you are trading with high leverages due to 2 visual things from the chart:

Bitcoin blasts off and moves all the way up in short period
After reaching its peak, it weaks all the way down in short period too

BUT the volume chart shows the rise in 2020 has not yet reached its biggest momentum (in volume). It is a thing to note and keep in mind.

Anyway, it is not my financial advice and use the leverage you can control of liquidation risks and make your plan to take profits. Personally, I take profits in different batches. I don't take profits in one order or at one price or in one day. For you, it is your decisions.

In financial games, when everyone is talking about one thing, you know what to do.

All what you said here we have seen in couple of days. All people should write this down and look at it from time to time...

tranthidung

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Quote from: dotcoin.info on November 27, 2020, 03:10:40 PM

What makes you think that the trend will be exactly the same as in 2017? Everything happens a little differently each time. Last time Bitcoin reached $ 16,000 and fell down.
The same thing can happen now. No one guarantees that the cycle will go exactly the same, rather the opposite. I want to believe you are right, but that would be too good to be true.

The trend is the same (I believe) in the bull run but the price movements in short term will definitely different (can be different in mid-term as well). Accumulation time can be longer or shorter that we will never know ahead of time.

Quote from: hridoyb on November 27, 2020, 03:47:56 PM

Bitcoin price increasing now so no doubt any time price will be crashed or all time high so ve careful. Never invest your all of money in this crypto currency . Bitcoin price now 17000$ + so any time it back to 15000$. If you invest now always focus on bitcoin price and News. I hope bitcoin will be 30000+ in 2021 or all time will be remain 14000$ to 19000$.

You don't need to quote all the OP to reply. I invited you to read Bitcointalk posting etiquette

For price prediction or forecast, you need to make it done from price data and your own calculation. Arbitrarily guess price targets is bad because you don't have solid base for your guess (sure it is guess) and you will be not confident about it. You will flexibly change your opinion with market fluctuations. Your post shows your opinion is arbitrary. Pay your attention on the price chart (supports, resistances, flipping points and significant points of volume changes)

hridoyb

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Bitgesell (BGL) Decentralized Cryptocurrency!

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.

4 years: 2017 to 2020

In 2017 and 2020

Bitcoin price increasing now so no doubt any time price will be crashed or all time high so ve careful. Never invest your all of money in this crypto currency . Bitcoin price now 17000$ + so any time it back to 15000$. If you invest now always focus on bitcoin price and News. I hope bitcoin will be 30000+ in 2021 or all time will be remain 14000$ to 19000$.

dotcoin.info

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www.cd3d.app

What makes you think that the trend will be exactly the same as in 2017? Everything happens a little differently each time. Last time Bitcoin reached $ 16,000 and fell down.
The same thing can happen now. No one guarantees that the cycle will go exactly the same, rather the opposite. I want to believe you are right, but that would be too good to be true.

celot

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We can't expect which better price for bitcoin in 2017 or 2020 because today bitcoin have go down after success raise above $19,000. Still waiting what happen with bitcoin just small correction or keep going down after new year because last year become bad moment at the end year with bitcoin and altcoin have lower price. Talking with 2017 become most sweet memorize for every one because they raise much profit with bitcoin raise above $20,000 and ethereum could be fantastic price above $1,500, but today ethereum success pass above $600 but now back down again under $500 and stronger for eth up again or not, just waiting and control inside around the world with good or bad information to save our money first.

tranthidung

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Farewell o_e_l_e_o

Quote from: ethereumhunter on November 25, 2020, 02:28:24 AM

This time, bitcoin makes a correction again, and the price is down below $19k, but I am sure that the price will start another rally this week or next week. We should be ready for that time with having many bitcoin that we can sell it right away. But if you still want to hold your bitcoin because you want to sell more than $25k, then that will be no problem. The next bull run will trigger the bitcoin prices to increase so high, and the price will be out of our expectations.

It is expected to see bitcoin correction is deeply to below $17k. Don't complicate things and open width or depth of view to make trading and investment more easily.

How liquidations on Bitmex is skyrocketing today, 97% increase within 24 hours, especially for liquidations on Long positions. How many longers got rekted?

It is not bad, bitcoin will come back, and be stronger but please be careful and won't get rekted.

wxa7115

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Bitcoin is GOD

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. 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.

This is one of the biggest factors that is contributing to the fast growth of bitcoin, I really thought that it will take decades for investors to actually realize the great properties that bitcoin has as a store of value, and even if they did so they would be afraid of using bitcoin and will instead decide to use more traditional options like real estate and gold.

But it seems that investors are not afraid to try bitcoin and give it a chance as a store of value and if those people are really interested in being in bitcoin for the long term this could bring stability to the market but at the same time an impressive growth from time to time which will without a doubt benefit everyone that is in the market.

ethereumhunter

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Quote from: TitanGEL on November 24, 2020, 05:21:40 AM

In this time patience is required, for those who will sell now for sure they will miss a great opportunity when the bitcoin starts to break the $20,000, it is really sure that there will be a rally once the ATH break because it is a major resistance, right now there is small consolidation where anytime the may break the next resistance. For sure the breakout is near where we will wait just days or weeks. My expectation right now is very high because of the data that I got when I do some technical analysis.

The bullrun 2020 will be different and I expect that not only the bitcoin will increase and also the altcoins especially those who have potentials in the market. I actually now increasing my allocation because the market is now becoming healthier than before.

Maybe those people already think about that, and they still decide to sell some bitcoin they have to make a profit. I think that will be good for them. They can at least make a profit while they will have a chance to buy back bitcoin when the price is down. As long as they can use the downtrend to buy more bitcoin, they will have more bitcoin, and they can sell it again once the price breaks the highest price or more than $20k.

This time, bitcoin makes a correction again, and the price is down below $19k, but I am sure that the price will start another rally this week or next week. We should be ready for that time with having many bitcoin that we can sell it right away. But if you still want to hold your bitcoin because you want to sell more than $25k, then that will be no problem. The next bull run will trigger the bitcoin prices to increase so high, and the price will be out of our expectations.

FanEagle

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Obviously it is possible to break ATH, $20k is not that far away. The difference is the fact that we have moved only 100% when this started, compared to 700% when it happened in 2017. That is a big difference, plus we have a lot more crypto companies, a lot more companies investing into crypto and hundreds of millions of dollars (even over a billion) were withdrawn from the market. That is really important, when there is less and less coins in the market that makes it go higher quicker as well, there are not that many sellers left because investors bought it and withdrawn it from market, so only buyers are growing while sellers are getting smaller and smaller.

Shasha80

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I am among those who will be patient waiting for the Bitcoin price above $ 20,000. Because I believe in the increasingly
strong Bitcoin fundamentals, and also the increase in the Bitcoin price which is different from 2017, making the increase
in Bitcoin will continue until 2021. Even though there is still a possibility that the Bitcoin price will suddenly drop, we must
have the courage to take risks, if you want to get a large profit. Because from the beginning we know investing in Bitcoin
does have a high risk, so it must be prepared to face the risks that will occur.

AliMan

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Vave.com - Crypto Casino

Quote from: ?? on ??

There is no time greed is good, even if any trader is futunate to escape the loss by chance, making your profit can begin from this little pump, never wait until you see the peak of the bull run, many will even use the strength and aggression of the 2017 losses to hunt this upcoming season bull but it requires wisdom to make it up, just like the post starter said, you can't make your profit that way, if you miss it this time around, your guess is as good as mine..another 4 years carry over.

We need to stay focused despite of the raging speculations, it might not sustain if greed was still in your heart. Profit starts with determination, and if you're weak on your decision making, I guess wisdom won't be with you as long as you remain consistent with daily goals with trading. Losses will happen, just make it as good lessons and for sure we will be successful in the near future.

BTCappu

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Everyone and their own ways, no matter how you put it there will always be those who are going to lose in the market. So, I just try to do my thing the way I fit best and hope luck is on my side. 2017 already was a good year for me, and 2020 is proving to be a good one as well and I hope it continues that way.

We are all expecting a new ATH, but we can’t tell what it is, nobody knows the actual amount it’s going to be when the price hits that ATH. Some have been making random predictions, some have said $50,000 and some have taken it all the way to $100,000, and I have also seen another crazy prediction of almost $400,000 and that doesn’t seem believable to me. I might take the one of $50,000, but as for the rest? I can’t really take them, but let’s hope and see.

New.in.trading

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I really would not buy BTC USD at this stage. Nor would I sell it. I think its the kind of phase where you are in, or not. If you are in, well done. If not, be patient and dont chase trades. It is an exciting time right now, so beware of FOMO trades!

tvplus006

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To the Moon

We are now only $800 away from the previous ATH bitcoin. Coinmarketcap has prepared 10 thousand dollars in BTC for those who correctly predict the date and time when the price of bitcoin will reach 20 thousand dollars: https://coinmarketcap.com/bitcoin-price-prediction/ I made my forecast)

TitanGEL

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Quote from: ethereumhunter on November 24, 2020, 04:58:04 AM

Quote from: tranthidung on November 24, 2020, 01:38:42 AM

Quote from: ethereumhunter on November 24, 2020, 01:30:14 AM

We will see that price sooner or later. Meanwhile, we can be ready for the coming by having more coins that can be the next potential coin that can increase. Bitcoin itself will raise more than $20k, and bitcoin is going to go that price soon. The situation will not be the same as in 2017 because more people will come to bitcoin, and they will invest their money because they want to make money like others. Maybe this year can have a big impact on bitcoin, and in the next year, bitcoin can grow more than today.

Situations (economy, politics, crypto activities) are different and never are the same between two periods. The fact is the market has its operational rules and it repeats its ups and downs for many years -- that can be expanded to any financial market. Crypto market is different but human psychology is the same (greed, panic, FOMO, impatient, uncontrollable) and it is enough to help price actions of the market have opportunities to be repeated.

Repeat here does not equal to be completely repeated in price models, patterns, movement steps. News break your neutral minds and distorted your minds on how the market naturally works.

Everyone can say bitcoin will hit $20000 again but when? When is the decisive factor for your profit or loss, not the price itself.

You are right on this point. But I think we will not be too long to see bitcoin hit $20k because we are closer to that price. Maybe that price will come in the next week or next month or even the next year, but that will come to us. If people can not wait for that time, they will sell their bitcoin when the price is reaching $19k below $20k. But for people who want to sell bitcoin at more than $20k, they will have more patients and calm down to wait for that price.

The history will repeat means the price will increase higher, and it will break the last ATH. All we can do is patient and still waiting while enjoying this moment and selling bitcoin if you want. The market will be like what we see, but the next bull run is coming to us.

In this time patience is required, for those who will sell now for sure they will miss a great opportunity when the bitcoin starts to break the $20,000, it is really sure that there will be a rally once the ATH break because it is a major resistance, right now there is small consolidation where anytime the may break the next resistance. For sure the breakout is near where we will wait just days or weeks. My expectation right now is very high because of the data that I got when I do some technical analysis.

The bullrun 2020 will be different and I expect that not only the bitcoin will increase and also the altcoins especially those who have potentials in the market. I actually now increasing my allocation because the market is now becoming healthier than before.

ethereumhunter

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Quote from: tranthidung on November 24, 2020, 01:38:42 AM

Quote from: ethereumhunter on November 24, 2020, 01:30:14 AM

We will see that price sooner or later. Meanwhile, we can be ready for the coming by having more coins that can be the next potential coin that can increase. Bitcoin itself will raise more than $20k, and bitcoin is going to go that price soon. The situation will not be the same as in 2017 because more people will come to bitcoin, and they will invest their money because they want to make money like others. Maybe this year can have a big impact on bitcoin, and in the next year, bitcoin can grow more than today.

Situations (economy, politics, crypto activities) are different and never are the same between two periods. The fact is the market has its operational rules and it repeats its ups and downs for many years -- that can be expanded to any financial market. Crypto market is different but human psychology is the same (greed, panic, FOMO, impatient, uncontrollable) and it is enough to help price actions of the market have opportunities to be repeated.

Repeat here does not equal to be completely repeated in price models, patterns, movement steps. News break your neutral minds and distorted your minds on how the market naturally works.

Everyone can say bitcoin will hit $20000 again but when? When is the decisive factor for your profit or loss, not the price itself.

You are right on this point. But I think we will not be too long to see bitcoin hit $20k because we are closer to that price. Maybe that price will come in the next week or next month or even the next year, but that will come to us. If people can not wait for that time, they will sell their bitcoin when the price is reaching $19k below $20k. But for people who want to sell bitcoin at more than $20k, they will have more patients and calm down to wait for that price.

The history will repeat means the price will increase higher, and it will break the last ATH. All we can do is patient and still waiting while enjoying this moment and selling bitcoin if you want. The market will be like what we see, but the next bull run is coming to us.

tranthidung

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Farewell o_e_l_e_o

Quote from: ethereumhunter on November 24, 2020, 01:30:14 AM

We will see that price sooner or later. Meanwhile, we can be ready for the coming by having more coins that can be the next potential coin that can increase. Bitcoin itself will raise more than $20k, and bitcoin is going to go that price soon. The situation will not be the same as in 2017 because more people will come to bitcoin, and they will invest their money because they want to make money like others. Maybe this year can have a big impact on bitcoin, and in the next year, bitcoin can grow more than today.

Situations (economy, politics, crypto activities) are different and never are the same between two periods. The fact is the market has its operational rules and it repeats its ups and downs for many years -- that can be expanded to any financial market. Crypto market is different but human psychology is the same (greed, panic, FOMO, impatient, uncontrollable) and it is enough to help price actions of the market have opportunities to be repeated.

Repeat here does not equal to be completely repeated in price models, patterns, movement steps. News break your neutral minds and distorted your minds on how the market naturally works.

Everyone can say bitcoin will hit $20000 again but when? When is the decisive factor for your profit or loss, not the price itself.

ethereumhunter

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Quote from: illnino on November 23, 2020, 03:11:09 PM

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.

We will see that price sooner or later. Meanwhile, we can be ready for the coming by having more coins that can be the next potential coin that can increase. Bitcoin itself will raise more than $20k, and bitcoin is going to go that price soon. The situation will not be the same as in 2017 because more people will come to bitcoin, and they will invest their money because they want to make money like others. Maybe this year can have a big impact on bitcoin, and in the next year, bitcoin can grow more than today.

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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_""""Duelbits""""_

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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Farewell o_e_l_e_o

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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https://primedao.eth.link/#/

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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Looking for gigs

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

legendary

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Farewell o_e_l_e_o

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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Vave.com - Crypto Casino

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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Leading Crypto Sports Betting & Casino Platform

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

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

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.

palle11

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Activity: 2366

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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.

About the chart repetition of price from 2017 to this year, we can see a new kind of chartfrom next year because the institutional investors and also known artist and billionaires investing huge as they have seen better and gradual increase of price despite covid-19 challenge .

justdimin

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www.Crypto.Games: Multiple coins, multiple games

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..

I hardly like to make predictions because it feels like gambling when I make predictions about the price of Bitcoins but this year as we come close to the end it appears like there is a real good chance of that happening but I will be more than happy if we can just sustain the current price for an elongated period rather than going 25k and then dropping back to 15k.

The demand for Bitcoins is only going to rise technically speaking so there should be no way the price goes down but in past it has gone down at times for smaller periods so I just hope more solidity is gained at the current price rather going way too high and then a drop.

tranthidung

legendary

Activity: 2310

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Farewell o_e_l_e_o

What is bitcoin trying to do?

Bitcoin is bullish - Yes
Greed is everywhere - Yes
Where bitcoin want climbing up to?

Let's take a look at Mayer Multiple Band that is used to get a trend, for long-term investment (not for short-term) or intraday tradings. It is only one of tools you can use and there are bumpy-dumpy roads till bitcoin Moon.

If bitcoin breaks $20k and jumps into the Bullish-extension area, it might reach $27k.
Further than that, the Overbought area might help bitcoin moving up to around $49k.

These things will partially depend on how DeFi tokens perform in the near future. See also Bitcoin, Altcoins, DeFi and what's next?

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.

AakZaki

legendary

Activity: 2338

Merit: 1084

zknodes.org

Quote from: ?? on ??

We have got to be watchful, but I think as long as anyone can claim to have his/her profit you can keep playing safe in your trade because not everyone will hold the peak of the bull run, we all keep hunting this way from now till the bull run is suddenly over again.take a chance where necessary but do well to avoid regrets. Let's learn from the past, avoid greed, be smart and you will be happy.

when the bulls suddenly end and a correction occurs, all traders will take the opportunity to secure their profits. it will definitely happen and we have to be prepared for it, don't be too greedy to take advantage. But soon the new ATH will be achieved. The end of 2020 is a good year for bitcoin and in 2021 we all hope that Bitcoin will return to its peak. Learn technical analysis and fundamentals to be able to predict where the bitcoin price will move.

Oceat

sr. member

Activity: 2506

Merit: 368

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.

tbterryboy

sr. member

Activity: 2030

Merit: 323

There is a problem with a lot of crypto people and the market itself that makes going higher a very difficult challenge. The idea of a good trade would be buying at 4k levels during march when the price dropped, and selling it now or a bit later when the price goes up.

However with that logic if everyone bought at 4k that would make the price go up instantly, which means only a handful of people bought there, and it also means if people sell now that the price is high, or later when price is higher, that would make the price crash. So, that means there needs to be a lot of people who buys at high prices to keep it going, for example in order for us to be $20k, there needs to be hundreds of millions of dollars bitcoins bought at 16k price as well, so we are telling people to do exactly opposite of what they should do in order for market to continue going up.

Chrystora123

full member

Activity: 1414

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Omicron is another FUD

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..

CyberKuro

hero member

Activity: 798

Merit: 506

$18,5k probably the highest price for now, it should be decided today whether bitcoin will face a big rejection today or hold it's position above $17,8k. If Bitcoin would close above 18k today, then we can expect it to reach $19k in the next few days. Bitcoin still has a good chance to break the ath at $20k by the end of this month.

JasperHodges

newbie

Activity: 1

Merit: 0

High and low are subjective arguments, how do we define it? Compare to historical prices with US$ it maybe high but compare to future prices it maybe low. What if tomorrow there is no US$ or any fiat currency(banned, abolished, dissapeared). I believe BTC will have be much higher.

Quote from: usekevin on November 18, 2020, 04:50:17 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.

4 years: 2017 to 2020

https://i.imgur.com/RZinqwS.png

In 2017 and 2020

https://i.imgur.com/ejvS4MP.png https://i.imgur.com/fOAaM2E.png

Actually when the price had reaches maximum,we should not buy cryptocurrency in common.Even it's bitcoin or Ethereum.Because the way of buying at high make you to lose some money also.Today price had reached above 18200$ and back to the value of 17900$.Nearly 300$ is not a small amount.Buying at high value,make you to lose sometime.

usekevin

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Activity: 2324

Merit: 562

DGbet.fun - Crypto Sportsbook

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.

4 years: 2017 to 2020

In 2017 and 2020

Actually when the price had reaches maximum,we should not buy cryptocurrency in common.Even it's bitcoin or Ethereum.Because the way of buying at high make you to lose some money also.Today price had reached above 18200$ and back to the value of 17900$.Nearly 300$ is not a small amount.Buying at high value,make you to lose sometime.

Gotumoot

sr. member

Activity: 1372

Merit: 261

Quote from: MCDev on November 16, 2020, 01:40:19 PM

Perhaps bitcoin's four-year cycle is real and we are seeing bitcoin's return in 2020. Hopefully by the end of 2020 we will once again see bitcoin return to $ 20,000.
However, the cryptocurrency market cannot accurately predict so be careful with your investments.

I hope that it isn't the exact same cycle as before like going $20K then going back into $3.8K .
But I think that this time around it wouldn't fall that hard and if it does people wouldn't think twice anymore on investing in it.
So it wouldn't stay so low like it does back then.

tranthidung

legendary

Activity: 2310

Merit: 4085

Farewell o_e_l_e_o

It happened and I think it is a beginning. It is the time to protect profits you have gotten and show your wise decisions. Don't let candles steal all your profits (and worse your initial capital) away within a few minutes.

tranthidung

legendary

Activity: 2310

Merit: 4085

Farewell o_e_l_e_o

Bitcoin is on fire. The momentum has not reached its peak yet but it does not mean the peak of momentum will be reached soon.

On the other side, more movements of bitcoin out of exchanges and became biggest wave since 2017. People wanted to hold bitcoin for the full bull mode. We are not yet in full bull mode, it is just a warming up. It is another data that I don't bring it to you here but the mempool shows interesting thing (somewhat reflects that hold trend). Despite of bitcoin rises in last 2 weeks, less and less unconfirmed transactions in the mempool. People are not in hurry like 3 to 4 weeks ago.

Be careful if you are margin enthusiast and if you use high leverages. Massive weak down might happen anytime and it will kill you with high leverages.

Inspiron14

full member

Activity: 1064

Merit: 101

how about now? $ 17k reached now and trying to breakout,
I'm really waiting for this moment, because if it goes past $ 17000 then I'm sure $ 19000 will be reached !,
it's true that we should be careful, because bubbles can happen.

tranthidung

legendary

Activity: 2310

Merit: 4085

Farewell o_e_l_e_o

I warn you should be cautious if you are trading with high leverages due to 2 visual things from the chart:

Bitcoin blasts off and moves all the way up in short period
After reaching its peak, it weaks all the way down in short period too

BUT the volume chart shows the rise in 2020 has not yet reached its biggest momentum (in volume). It is a thing to note and keep in mind.

Anyway, it is not my financial advice and use the leverage you can control of liquidation risks and make your plan to take profits. Personally, I take profits in different batches. I don't take profits in one order or at one price or in one day. For you, it is your decisions.

In financial games, when everyone is talking about one thing, you know what to do.

leea-1334

hero member

Activity: 2338

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Temporary forum vacation

Definitely this is the time to be cautious. On one hand we are seeing new ATH for 2020 time and again. And the charts seem to show us that there is a lot more room to grow,,, but on the other hand we have not seen the much-needed corrections that should give us some safety space to think that we have made consolidations. Still far too early to call anything.

elisabetheva

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Quote from: crzy on November 16, 2020, 04:53:56 PM

The price is getting higher and now we are testing the resistance level on $17k so I think we are heading up and continue the up trend with Bitcoin so traders have to set good on your leverage or any strategy that you have so you wont lose the chance of making big. Traders have to be more skillful right now since the price are getting more volatile, but I’m sure bitcoin will go for more up.

the belief that you have is the same as my belief, that this is the time for bitcoin to show its identity again after the increase that occurred in 2017. everyone must prepare themselves because this opportunity should not be missed because I believe it only happens once in 4 years. there is still time for those who don't have to exchange your alcoins for bitcoin or if you really want to get at least hold the altcoins that are in the top ranking, because it will also be affected by the movement of bitcoin.

crzy

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Activity: 2128

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The price is getting higher and now we are testing the resistance level on $17k so I think we are heading up and continue the up trend with Bitcoin so traders have to set good on your leverage or any strategy that you have so you wont lose the chance of making big. Traders have to be more skillful right now since the price are getting more volatile, but I’m sure bitcoin will go for more up.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

The BTC high price chart indicates that there will be a higher price by the time comes ATH.

Quote from: MCDev on November 16, 2020, 01:40:19 PM

Perhaps bitcoin's four-year cycle is real and we are seeing bitcoin's return in 2020. Hopefully by the end of 2020 we will once again see bitcoin return to $ 20,000.
However, the cryptocurrency market cannot accurately predict so be careful with your investments.

I also believe in the four-year cycle and there's in store for this end of the year but better days for 2021. News coming about institutions being bullish on bitcoin but that's alarming. S2F model comes out again and becoming interesting.

mnporter2001

sr. member

Activity: 602

Merit: 250

HEX: Longer pays better

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.

We have the same view that bull run will come to Bitcoin price but I think Bitcoin's price will soon break Bitcoin's ATH threshold of 2017 in the coming days. At the $ 19k5 - $ 20k price zone there will certainly be a lot of people selling Bitcoin and making a correction, but I believe the bulls will be outnumbered and strong enough to break this top.
Bitcoin's price in 2020 will be able to trade as high as $ 22k - $ 23k and then there will be a sell-off in Q1 of 2021. The reason I make this seemingly quite difficult to achieve is that the US dollar is under threat from the impending inflation. When Biden is officially elected, surely the economy will suffer heavy losses because Biden's policy is only aimed at serving the people, not completely focusing on the economy. Most likely we will face an economic slowdown in the coming years

Harlot

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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.

Not so fast if you look at the price chart for the volume right now you will see that the volume formed a double top and it only means that there is a chance of reversal going down for the volume, technical analysis formation also applies to other indicators such as volume so don't be surprised if we see lest trade activity going on in the few days. With the price going up and the volume going down the price rally will just get weaker and weaker.

MCDev

sr. member

Activity: 680

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Perhaps bitcoin's four-year cycle is real and we are seeing bitcoin's return in 2020. Hopefully by the end of 2020 we will once again see bitcoin return to $ 20,000.
However, the cryptocurrency market cannot accurately predict so be careful with your investments.

carlfebz2

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DGbet.fun - Crypto Sportsbook

We do always have those kind of doubts but there are traders or investors specially with dealing with leverage where they do took the risk even though its somewhat obvious that we are already near
on the peak.Its not that precisely described as peak price but we can presume since we're hitting the previous ATH.

To those visuals above given above then they do really look similar if we do talk about 2017 and 2020 but the main difference is on the volume itself which is totally different.
Going through intensity then we can say that we might be seeing the similar crash that did happen in the past.

Price is somewhat that having lots of strong support lines which would really avoid that price crash but well anything cant be guaranteed because neither
it can happen again or would able to hold up.

pawanjain

hero member

Activity: 2702

Merit: 716

Nothing lasts forever

Those are some nice visuals there in OP and I believe bitcoin is doing pretty good and increasing in price with good stability.
If bitcoin continues the same rally then I guess by the end of the year the price of bitcoin should reach 19k.
It might also cross $20k but I think it will drop back and settle in the lower $19k range by the end of 2020.
Moreover, the stats and technicals indicate that the price will increase a lot more than $20k in mid of 2021.
Lets hope for the best for bitcoin

so98nn

hero member

Activity: 2114

Merit: 603

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.

tranthidung

legendary

Activity: 2310

Merit: 4085

Farewell o_e_l_e_o

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.

4 years: 2017 to 2020

In 2017 and 2020

Topic: Bitcoin 2017 - 2021. Better price not yet to come. Be careful (Read 1330 times)