BTC break 21000 usd, great! | Bitcointalksearch.org

kotajikikox

full member

Activity: 2548

Merit: 217

Quote from: tung06081989 on December 16, 2020, 05:19:38 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

legendary

Activity: 2590

Merit: 1882

Leading Crypto Sports Betting & Casino Platform

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

hero member

Activity: 1652

Merit: 569

Catalog Websites

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

legendary

Activity: 3472

Merit: 10611

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

member

Activity: 224

Merit: 28

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

full member

Activity: 346

Merit: 100

Quote from: tung06081989 on December 16, 2020, 05:19:38 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

full member

Activity: 546

Merit: 116

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

Quote from: uelufl on December 17, 2020, 12:49:52 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

sr. member

Activity: 1484

Merit: 277

Quote from: tung06081989 on December 16, 2020, 05:19:38 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

copper member

Activity: 2142

Merit: 1305

Limited in number. Limitless in potential.

Quote from: uelufl on December 17, 2020, 12:49:52 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

full member

Activity: 546

Merit: 116

Quote from: ?? on ??

Quote from: tung06081989 on December 16, 2020, 05:19:38 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

full member

Activity: 1316

Merit: 104

CitizenFinance.io

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

legendary

Activity: 3654

Merit: 1165

www.Crypto.Games: Multiple coins, multiple games

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

legendary

Activity: 2128

Merit: 1293

There is trouble abrewing

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

legendary

Activity: 3808

Merit: 1723

Quote from: Fortify on December 16, 2020, 06:04:24 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

hero member

Activity: 3038

Merit: 634

Quote from: tung06081989 on December 16, 2020, 05:19:38 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, 05:19:38 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

full member

Activity: 379

Merit: 168

onecall123

sr. member

Activity: 2156

Merit: 323

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.

$crypto$

legendary

Activity: 2394

Merit: 1049

Smart is not enough, there must be skills

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

hero member

Activity: 2912

Merit: 556

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

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

legendary

Activity: 2590

Merit: 1882

Leading Crypto Sports Betting & Casino Platform

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!

pooya87

legendary

Activity: 3472

Merit: 10611

That was a nice surprise for me in the morning to check the price and expect to see $19xxx but see $21k. I suppose that is how all resistances have always behaved, the "resist" for as long as they can until they are broken and all hell breaks loose as the FOMO buyers who were hoping for a "dump" get desperate because of losing opportunities and jump in to start their panic buy.
Right now I am seeing a very strong momentum and if that continues growing we can see this trend of bigger rises continue and $30k will also be broken in a very short time. But all depends on how the following 24 to 48 hours will go for this momentum.

crwth

copper member

Activity: 2940

Merit: 1280

https://linktr.ee/crwthopia

This is what we are waiting for, and we are thankful for that. For this year, I believe we are not going to see more action until next year. It's currently at a high right now, and you know once it has reached a higher high, it could give another retracement and possible consolidation in a few weeks first and then possibly reach another high.

In the Bollinger bands, it has pierced it, and possible correction could come after that. Let's see what the market would do next.

Kemarit

legendary

Activity: 3080

Merit: 1353

Quote from: tung06081989 on December 16, 2020, 05:19:38 PM

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

I will say that there will be no ceiling to call. I mean we broke $20,000-$21,000 very easy. Got to $21,500 but it seems to be rejected, nevertheless the sentiments is really bullish so I'm still expecting some more spike this week.

But to get to $30,000 or more next year, we might see a lot of volatility, I mean it won't be that easy this time as investors or holders might liquidate some and then wait for the dip before buying again. The thing is, investors are accumulating with good reasons, bitcoin to be a reserve asset or hedge because of economic uncertainties.

Bitcoin_Arena

copper member

Activity: 2114

Merit: 1814

฿itcoin for all, All for ฿itcoin.

Unpredictable. After the breakout, we are still not so sure where the next resistance and support level will be based on the historical price movements are we are now in uncharted waters.

You should also consider the Xmas holidays. People tend to cash out and spend on holidays. I remember very well in 2017, the huge drop started on the 17th December, which is 3 years exactly tomorrow

Fortify

legendary

Activity: 2688

Merit: 1192

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.

carlfebz2

hero member

Activity: 2926

Merit: 722

DGbet.fun - Crypto Sportsbook

Quote from: tung06081989 on December 16, 2020, 05:19:38 PM

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

No one knows and i didnt really expect that it would be reaching 21k price so very fast or in a matter of day where we didnt even see on what the actual
reason on why it increases like this after a momentarily sideways movement.

For now the best thing to be done is that, if you do able to buy when its still low then selling out on the current price isnt a bad thing to do.
There would be always some pullback pretty sure after this increase.

I have sold mine and secure it out and waiting for some price decrease incase but i do saw that this will might push to 22k.Well its just my assumption.

tung06081989

newbie

Activity: 252

Merit: 0

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

Topic: BTC break 21000 usd, great! (Read 268 times)