BTC break 21000 usd, great! | Bitcointalksearch.org

kotajikikox

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Quote from: tung06081989 on December 16, 2020, 06:19:38 PM

after BTC break 20k usd,the top of top,now btc over 21000usd,ưhat next target for usd in this year?

The last price i checked is 23.6k Usd but i paused for that as i am still lingering about how much would i go out or will never will.

target would be breaking 25k before the final try of 30k at least within this year.

Quote from: ?? on ??

That's good news, Bitcoin can reach an All time high this year, which is extraordinary,
many people are still pessimistic about the price of Bitcoin breaking the $ 20k resistance and heading for the new $ 23k ATH,
congratulations for holders, i think Bitcoin will be $30k in next year.

actually we are tallying the ATH because the value of Bitcoin now are already broken the 2017 run ,What we want to know now is How much this can go and hoping to at least make it 30k .

LUCKMCFLY

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This is an uproar, $ 20k when it exceeded it would continue to rise, it was a purely psychological cap, now it is likely to continue rising to $ 25k, depending on how the whole season is going, it is an ally at this time of Bitcoin, people's emotions they are doing their part in the market.

kentrolla

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I was eagerly waiting to see this pump lots of excitement and joy across the globe now after BTC surpassed 20k, now speculations around the world is out of mind I am not sure how much true that could be. The demand is extremely high and this new ATH was expected, Those who were holding from years may still go for long-term and I wish this momentum should keep going Wink

pooya87

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So far this momentum has been very strong and exactly because of the amount of money that has been coming in price reached $23777 and then the correction was simply to $22400. Three days of sustained momentum is a good sign so it is starting to become safe to say that below $20k prices are prices that we should kiss goodbye for good.

Phoenix_PROG

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Bitcoin is presently over 22,000$ but I will like to remind everyone about corrections, they will surely comes, it took bitcoin weeks before finally surpassing the 20,000$ level, price have rebound after tasting 20k few times now, if new money keeps getting into Bitcoin 25,000$ to 30,000$ is possible but do not forget about the corrections

lukikato

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Quote from: tung06081989 on December 16, 2020, 06:19:38 PM

after BTC break 20k usd,the top of top,now btc over 21000usd,ưhat next target for usd in this year?

currently btc has hit almost $ 23k and will continue to rise, all hope the price will reach over $ 25k or more than that next year will see what will happen to bitcoin price. might surprise everyone

uelufl

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Quote from: bL4nkcode on December 17, 2020, 07:06:17 PM

Quote from: uelufl on December 17, 2020, 01:49:52 PM

At last count Mt. Gox still holds approximately 141,600 bitcoin and 142,800 bitcoin cash.
When all this BTC pours into the market, the price will fall.

Nah, it's just < 1% of the total mined bitcoins so it will just barely affect the price when that happens or nothing at all. Besides market now too hype that even 1% of sell order won't affect much, people from the other side will accumulate and just buy it.

The daily trading volume is about 3 million btc, and 141,000 btc from 3 million is no longer 1 percent.

in addition, a significant part of the mined bitcoins are lost forever or blocked.

Hippocrypto

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Quote from: tung06081989 on December 16, 2020, 06:19:38 PM

after BTC break 20k usd,the top of top,now btc over 21000usd,ưhat next target for usd in this year?

I remained calm this time while looking on the progress of the market, it's so overwhelming scenario and hopefully this will stabilized with $20k to $21k. There's no definite position which I could consider, since it was already on the peak of its value. If ever price climbs more often, that's always possible we'd reach our targets; but for now I'm just an spectator with no specific target.

bL4nkcode

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Quote from: uelufl on December 17, 2020, 01:49:52 PM

At last count Mt. Gox still holds approximately 141,600 bitcoin and 142,800 bitcoin cash.
When all this BTC pours into the market, the price will fall.

Nah, it's just < 1% of the total mined bitcoins so it will just barely affect the price when that happens or nothing at all. Besides market now too hype that even 1% of sell order won't affect much, people from the other side will accumulate and just buy it.

uelufl

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Quote from: ?? on ??

Quote from: tung06081989 on December 16, 2020, 06:19:38 PM

after BTC break 20k usd,the top of top,now btc over 21000usd,ưhat next target for usd in this year?

The next target for this year could be $25,000 or $30,000. I'm inclined to the possibility of $30,000, the price has risen $3,000 just 1 day after passing ATH in 2017.

At last count Mt. Gox still holds approximately 141,600 bitcoin and 142,800 bitcoin cash.
When all this BTC pours into the market, the price will fall.

Zemomtum

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This is very difficult to ascertain now since this seems to be the beginning of the bull run that we have been waiting for complete 3 years. Nevertheless, this volatility in the crypto market demands extreme caution.

el kaka22

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It is awesome!! People were afraid how we would break over 20k resistance, and how we were dropping constantly whenever we got close to 20k, it just took one small step above ATH price and suddenly it was over 22k! Seriously it took some time to reach around 19.8k levels for example, it tried very hard to get there, for nearly a whole day it was just a fight between sellers and buyers and eventually we got to 19.8k level, right after that it was like a free fall but upwards, we are at 23k on a quicker period of time.

It shows that market always waits for the movement to be clear, whenever it is clear and market decides "oh yeah, it is going this way" they all jump together and price suddenly moves incredibly fast, but until market decides on the direction they just wait around.

BrewMaster

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right now bitcoin is like a car that has no breaks and is speeding up. this is a very good example of the phenomenon called FOMO that i always talk about here.
a large number of bitcoiners kept waiting for "better prices" to buy so there was a huge build of fiat ready to enter bitcoin and as soon as the positive signal was issued (that is $20k broken) they all started buying like maniacs.

i say this to tell you that it is not possible to know where this rise is going to start showing signs of slowing down. we may see $30k even before it slows down.

adaseb

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Quote from: Fortify on December 16, 2020, 07:04:24 PM

It is fascinating to watch, a bit like the Tesla share price - when people start piling into an asset it can start to act very irrational and this seems to feed a flame causing ever more people to funnel money into it. I know Bitcoin has many outlets already, but it would be nicer to see more mainstream stores start to adopt it and that would really cement it as a useful currency and investable asset. As long as everyone is sensible and doesn't store their life savings in a single place it is healthy to hold some Bitcoin in your portfolio.

Tesla is different however. The reason why Tesla at first started to break ATH after ATH is due to its huge short interest. Basically shorts never assumed that it would break the old price of $420 (before split) and they all got liquidated when it quickly doubled its value.

Then it became a meme stock and everybody and their grandma on wallstreetbets was buying the call options. If someone buys a call option, usually the market maker needs to hedge by buying the stock. So the more people bought cheap calls, the MM had to buy the actual stock which made it go higher and higher.

Bitcoin is different because I don't think there are too many shorts currently and the options market is very low volume compared to Tesla or other stocks.

sunsilk

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Quote from: tung06081989 on December 16, 2020, 06:19:38 PM

after BTC break 20k usd,the top of top,now btc over 21000usd,

Just as everyone is happy and celebrating that bitcoin has finally topped to $20k then here comes the $21k and as I'm typing this post, the price just reached $22,070. What a quick turn of events for bitcoin while leaving most of the altcoins with its dominance and price skyrocketing.

Quote from: tung06081989 on December 16, 2020, 06:19:38 PM

ưhat next target for usd in this year?

There's still enough time for bitcoin to reach $25k if the pattern will still be the same from $19k to $22k that just happened real quick. But it doesn't matter how much the price of bitcoin will be ending for this year. We've got plenty of time to think of 2021 than to think of the end of this year.

mediaBuzz

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onecall123

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Most anticipated breakout for BTC, however this things happened too soon. World's top driving digital currency Bitcoin arrives at it's new ATH. It broke $22,000 against US Dollar before a small decline this morning. Anyway, I'm enjoying the ride now.

$crypto$

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Bullrun has arrived we are now witnessing it and it has already passed ATH before I am sure it will continue to redeem higher levels and it is really fast on its way up.
What we've been waiting for has now been accomplished but will it get any easier to the $ 26k level? Experts say that this year and next year it will be better if I see from several article sources, but it is quite clear that in the downturn in the economy due to Covid-19, Bitcoin is able to show itself as a resurgence to entrust people who want to invest.

maydna

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Yes, we are waiting for this moment for a long time ago. We got another bull run this day from a few hours ago, and finally, the price can break $21k, and it still trying to break $22k (or it is already hit that price on the other exchanges). I am sure that the bitcoin price will soon hit the next high price, and $22k is the next ATH that bitcoin will hit. But I feel that the bitcoin price will make another correction after this, so be careful about following the bitcoin price moves. Meanwhile, you can prepare your money to buy bitcoin back if you want.

LUCKMCFLY

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On some occasions he had talked about it, when Bitcoin finished passing $ 20k it would continue to rise more and more, this is logical, the excitement of the market makes everyone want to continue buying Bitcoin, it may continue to $ 25k, this is something great, plus Christmas is getting closer and closer! Demand increases, supply decreases, and price rises!

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