Topic: Bitcoin's future - page 2. (Read 375 times)
Right now reached of higher price of bitcoin still $19k and not strong for bitcoin break above $20k, maybe waiting few days later before Christmas Day if bitcoin can't break above $20 we will waiting next year to see bitcoin on the higher price, maybe now have ended for bitcoin raise again more than $19k, anything will happen for bitcoin by outside news with giving support for bitcoin from bigger country or could make bitcoin dump if any bad news. I sure bitcoin keep stable under $19k in this year and waiting next year what will happen on bitcoin, could stable to reach higher price or back to lower price.
Bitcoin will either have more surprises for us wherein might reach unexpected figure which we might have only seen in predictive posts which we consider impossible ad of now, or else Bitcoin will go through one kore bearish market without further growth as only market situation will decide that.
I have come to s conclusion that the market cannot go on at current pace as Bitcoin and crypto are volatile here would be much more to witness once Bitcoin breaks $20k or else drop down below the resistance figure of $16k.
What's your opinions?
I have come to s conclusion that the market cannot go on at current pace as Bitcoin and crypto are volatile here would be much more to witness once Bitcoin breaks $20k or else drop down below the resistance figure of $16k.
What's your opinions?
Despite all uncertainty from pump to dump the future of top crypto currency looks unpredictable there are two possible ways of current market if you see the resistance level like you said 16k is the down level on the other hand if it starts pumping again I am sure the price will break ATH and reach till 25k.
There are lot of possible scenarios but one of the most important key factor is the price of BTC has constantly increased from the past few months and hopefully it will to the same this month as well, let's see.
Even the price that we've reached right now is a predictive price in the past. We can't get into any conclusion about the price of bitcoin. Everytime the price of bitcoin can't be expected to grow on the same pace, there will be decline and crashes. The future will experience similar market conditions same as that we experienced once after the price reaching ath by the previous bull market.
^ Because it is unpredictable and no one can predict what exactly awaits for bitcoin in the future, in a short period of time decreased and dump may happen, the price might be shaky as well however in the long process I am pretty sure that the price will be skyrocketing because of the mass adoption we are experiencing now. Like I mentioned we may have dumped in the price such as corrections but that will occur because of the exchanges that may happen due to ATH. Nevertheless, there is only one thing I can be sure and that is bitcoin will remain volatile today and in the future. 
Bitcoin will either have more surprises for us wherein might reach unexpected figure which we might have only seen in predictive posts which we consider impossible ad of now, or else Bitcoin will go through one kore bearish market without further growth as only market situation will decide that.
I have come to s conclusion that the market cannot go on at current pace as Bitcoin and crypto are volatile here would be much more to witness once Bitcoin breaks $20k or else drop down below the resistance figure of $16k.
What's your opinions?
I was thinking of the same. After it has corrected to $16k, that should be said as the support. And if the retries will fail again to reach $20k then that can be expected to happen once it didn't make it again to $20k.I have come to s conclusion that the market cannot go on at current pace as Bitcoin and crypto are volatile here would be much more to witness once Bitcoin breaks $20k or else drop down below the resistance figure of $16k.
What's your opinions?
But who will be sad that it will go back to $16k? only those people that have bought at the peak and whilst us, we're still confident that it will bounce back soon. There's no exact time when it shall happen but it will do. The future of bitcoin is unknown but with what we see and have believed even before, it is exciting and interesting as the institutions are also with us.
Even the price that we've reached right now is a predictive price in the past. We can't get into any conclusion about the price of bitcoin. Everytime the price of bitcoin can't be expected to grow on the same pace, there will be decline and crashes. The future will experience similar market conditions same as that we experienced once after the price reaching ath by the previous bull market.
Of course the price can't go on parabolic rise to $20k, resistance is too strong at this point. So there is a possibility that we might trade sideways again, in the vicinity of $18k-$19,500 before we can finally punch that $20k for good.
And then we will go on some healthy correction, before we go above $20k. This has been the cycle for us, a massive dip then goes on another run. So it's better to just watch how the market goes before making our move.
And then we will go on some healthy correction, before we go above $20k. This has been the cycle for us, a massive dip then goes on another run. So it's better to just watch how the market goes before making our move.
From what I can tell, there are too many retail traders going "all in" using leverage whenever BTC looks like its about to break $20K. You can tell because the funding rates get high and basically it comes close to ATH and then boom, gets rejected and there is a huge liquidation underway.
Seems that people want to catch the move when BTC breaks $20K and heads to like $25K and $20K should act as very strong support. However the last few times we did this, you can see how fast the rejections were. So I am assuming this will go on for some time. It will come close to $20K and then get rejected and cause a massive amount of liquidations and repeat. Eventually everybody will give up and then it will break the $20K.
Seems that people want to catch the move when BTC breaks $20K and heads to like $25K and $20K should act as very strong support. However the last few times we did this, you can see how fast the rejections were. So I am assuming this will go on for some time. It will come close to $20K and then get rejected and cause a massive amount of liquidations and repeat. Eventually everybody will give up and then it will break the $20K.
I am not long term for investing on bitcoin or altcoin, as soon possible how to earn profit and always take care how less risk by investing on cryptocurrency world. I know many time people always think for the future and believe bitcoin and altcoin are the best investment platform, but I think if can earn profit in daily day why have waiting for long time? I know how increase profit by long term investment than daily trading but will calculate the same profit earn with long term investment, just my way with investment in bitcoin or altcoin because always have bad news to make bitcoin and altcoin price going back again.
What I am expecting is a health correction once we reach above $20,000. My strongest support for that correction will be at around $12,000 then minor is same with you at around $16,000. Volatile this time is not too much compare to previous all time high at around December 2017.
The FOMO we made on previous all-time-high seems will not happen anymore? Or it is not yet started?
The FOMO we made on previous all-time-high seems will not happen anymore? Or it is not yet started?
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Despite the huge level of the market been manipulated, it manages not to dump below $16K which is as a sign that the demand still strong, the chance of making ATH price anytime soon is certain and with my experience about crypto market if the Bitcoin market continues to resist the dump below $16K we should expect new ATH anytime.
Bitcoin prices above 16,000 are a bit unsettling to the market. Rapid rise is a tool of fall. In my opinion, 12000-15000 USD will help Bitcoin retain its stability and stamina. Although traders can break the norm for their interests. In 2021, the market will push down again.
I have come to s conclusion that the market cannot go on at current pace as Bitcoin and crypto are volatile here would be much more to witness once Bitcoin breaks $20k or else drop down below the resistance figure of $16k.
This is mostly trading discussion and we can say that price can go higher but trading also happens. And traders can sell to take profit, rebuy at 16k and rebuy at 14k too if needed.
Worst case scenario at 13k and the chart will still not be bearish as it will probably recover from a 30% correction in just two-three weeks. There will be traders waiting to buy the dips.
As a long term investment I understand there is fear to buy 20k but there will be many that have seen the charts and think it is still low risk for the long run.
People that did not invested when bitcoin was $7000 really missed out, because people really commented about it then how bitcoin could increase in price after halving, and bitcoin later increased and now at $19000.
Although, bitcoin is having $20000 resistance but the support at $19000 is stronge as well. This time is very hard to predict where bitcoin is heading to, but it is very possible for the price to fall or to increase, people are even afraid of whales not to sell if bitcoin has passed the $20000 resistance because whales that have moved bitcoin to exchanges now have increased. Whales do not just move bitcoin to exchanges, it is because they want to sell it which can decrease the price of bitcoin abrupthly.
But as of this time, to predict what will happen to bitcoin price, either it will increase the more or decrease is not certain. But I do know over long period of time that the price of bitcoin would have increased.
Although, bitcoin is having $20000 resistance but the support at $19000 is stronge as well. This time is very hard to predict where bitcoin is heading to, but it is very possible for the price to fall or to increase, people are even afraid of whales not to sell if bitcoin has passed the $20000 resistance because whales that have moved bitcoin to exchanges now have increased. Whales do not just move bitcoin to exchanges, it is because they want to sell it which can decrease the price of bitcoin abrupthly.
But as of this time, to predict what will happen to bitcoin price, either it will increase the more or decrease is not certain. But I do know over long period of time that the price of bitcoin would have increased.
Bitcoin will either have more surprises for us wherein might reach unexpected figure which we might have only seen in predictive posts which we consider impossible ad of now, or else Bitcoin will go through one kore bearish market without further growth as only market situation will decide that.
I have come to s conclusion that the market cannot go on at current pace as Bitcoin and crypto are volatile here would be much more to witness once Bitcoin breaks $20k or else drop down below the resistance figure of $16k.
What's your opinions?
I have come to s conclusion that the market cannot go on at current pace as Bitcoin and crypto are volatile here would be much more to witness once Bitcoin breaks $20k or else drop down below the resistance figure of $16k.
What's your opinions?
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