BTC is getting ready for 20k again | Bitcointalksearch.org

CyberKuro

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Quote from: tbterryboy on November 26, 2020, 10:37:37 AM

I believe the reason why we are not breaking over easily is the fact that there are too many people who are scared. Buyers are scared because they fear if they buy more from here the price may crash and burn like last time after breaking over ATH or even before that, and sellers are afraid because if they sell from here the price could break over ATH as well.

However sellers are a it more at ease because if they bought at lower, they are going to miss out from profit but they still profited a bit to say the least. So, it is quite understandable why bitcoin didn't went up just yet but it is on the path, it will go up. There is no situation where bitcoin went to $19.4k levels and didn't break over $20k because we are too close to give up right now.

It's expected as bitcoin approach the ATH, too many people want to sell at that point, so it makes sense to sell-off before bitcoin reaches that target, then buyback at the dip, waiting for the next leap.
So, this is normal in the market of free trade, everyone has a target, has a plan, just hold it or sell at the moment, if the price holds its position above $16k and be able to bounce back to $19k, many people will regret their decision to sell at current price and vice versa.

Fredomago

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Quote from: Maslate on November 25, 2020, 06:31:27 PM

Quote from: judaspriest on November 25, 2020, 07:56:49 AM

less $ 1000 more Bitcoin price reaches $ 20k,
but this is something tough considering the current situation the market is very volatile,
I do not hope the price of Bitcoin can last at $ 19k until this week.

So you are saying it will drop $19k and will not reach the $20K?
Please clear your statement, I'm a big confuse with it.

well for me, I'm not really sure if bitcoin will break out and reach a new ATH, at the current price, it's easy for bitcoin to reach $20,000
but it seems in the past few days it struggled breaking the wall.

Since breaking $19k wall is ain't yet being break now we see retrace, the value is now down and the after effect was all the crypto
or almost everything inside the market are reds,

For some time, observing the market behaviors will give you a good glimpse on what possibilities to come, way back the barrier was $15k
and in just few days that wall was break and continue to rise up to $19K.

We can expect that the chance that it will repeat this same patterns are very possible, assess and keep an eye with the market conditions
be ready in any adjustment that's needed to do in order not to lose your investment and your opportunities.

tbterryboy

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I believe the reason why we are not breaking over easily is the fact that there are too many people who are scared. Buyers are scared because they fear if they buy more from here the price may crash and burn like last time after breaking over ATH or even before that, and sellers are afraid because if they sell from here the price could break over ATH as well.

However sellers are a it more at ease because if they bought at lower, they are going to miss out from profit but they still profited a bit to say the least. So, it is quite understandable why bitcoin didn't went up just yet but it is on the path, it will go up. There is no situation where bitcoin went to $19.4k levels and didn't break over $20k because we are too close to give up right now.

Maslate

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Quote from: judaspriest on November 25, 2020, 07:56:49 AM

less $ 1000 more Bitcoin price reaches $ 20k,
but this is something tough considering the current situation the market is very volatile,
I do not hope the price of Bitcoin can last at $ 19k until this week.

So you are saying it will drop $19k and will not reach the $20K?
Please clear your statement, I'm a big confuse with it.

well for me, I'm not really sure if bitcoin will break out and reach a new ATH, at the current price, it's easy for bitcoin to reach $20,000
but it seems in the past few days it struggled breaking the wall.

judaspriest

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less $ 1000 more Bitcoin price reaches $ 20k,
but this is something tough considering the current situation the market is very volatile,
I do not hope the price of Bitcoin can last at $ 19k until this week.

Maslate

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Quote from: Vaskiy on November 25, 2020, 12:42:36 AM

Users were into the discussion of price reaching $50k and so on. Though it seems an reachable price, we can't get to a conclusion that the price will reach it in a short.

The market behaves completely different from the other markets. This makes the price to be unpredictable, so it is good to think of $20k which is the near price. The growth is steady, upon which we can expect the price stay above $20k by the starting of December.

A steady growth is always better, I would never expect a $50k if the market will fall again and we will again experience a long bear market just like in the past, that was 2 years, more than 2 years to be exact and only this year we are given some hope that bitcoin will break its current ATH and the real bull run will start.

TitanGEL

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Quote from: Lanatsa on November 24, 2020, 03:12:17 PM

Quote from: hahay on November 24, 2020, 02:38:12 PM

Quote from: atjiat on November 24, 2020, 01:29:39 PM

I believe the new ATH should be much higher than $ 20,000. We are only at the very beginning of the bull run and already have over $ 19,000 per bitcoin. I do not presume to predict the future maximum, but in the middle of 2021 there will be new historical indicators.

It is also uncertain whether it will continue to increase until mid-2021 because there will always be a dumping period later. Even now it can be said to be very close to surpassing the previous ATH so this increase is a very surprising increase because it happened so fast and maybe at the end of the year or early December tomorrow, the price has already surpassed $20k and will continue to rise and if so, I feel if the end of the year the price is already very high and if the increase is continued until the next year it is very likely to reach ±$50k.

Wouldn't be seeing much for price to hit up 50k on next year but even though these prices can be possibly attained if such price movement would really be maintaining but
reaching that point would somehow be fast and I considered that it would really be a bubble.

I do much prefer on seeing price that is slowly and gradually increasing in a matter of time.For now lets see on what would happen because
nothing can be assured when we do talk about future prices.

We are hitting 20k almost as of this moment, neither there would be a correction or would able to have some breakout.

Achieving $50K is seems attainable as long as the trend will stay intact wherein it will not show any sign of weakness, in a bull run everything is possible so prefer to the best scenarios that may happen. If the price is showing weakness while not yet attaining the $50k per each then that is the time to change our expectation because no one know what will happen to the market. We should just base our plans and strategies on what happenings in the market. For now, the bitcoin can beat the ATH anytime soon and it is not just simple breakout so expect that there will be double percent gains after it breaks the $20K.

Vaskiy

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Users were into the discussion of price reaching $50k and so on. Though it seems an reachable price, we can't get to a conclusion that the price will reach it in a short.

The market behaves completely different from the other markets. This makes the price to be unpredictable, so it is good to think of $20k which is the near price. The growth is steady, upon which we can expect the price stay above $20k by the starting of December.

aioc

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Quote from: Lanatsa on November 24, 2020, 03:12:17 PM

I do much prefer on seeing price that is slowly and gradually increasing in a matter of time.For now lets see on what would happen because
nothing can be assured when we do talk about future prices.

We are hitting 20k almost as of this moment, neither there would be a correction or would able to have some breakout.

Everyone is prepared, everyone is anticipating it, this is a big change so many thought this is not the year for another all time high but next year, but look at the number now we are $1000 or less, to $20000, be sure to participate in one of the prediction contest of Coinmarketcap

https://coinmarketcap.com/bitcoin-price-prediction/

You could be one of the winners here.

Lanatsa

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Quote from: hahay on November 24, 2020, 02:38:12 PM

Quote from: atjiat on November 24, 2020, 01:29:39 PM

I believe the new ATH should be much higher than $ 20,000. We are only at the very beginning of the bull run and already have over $ 19,000 per bitcoin. I do not presume to predict the future maximum, but in the middle of 2021 there will be new historical indicators.

It is also uncertain whether it will continue to increase until mid-2021 because there will always be a dumping period later. Even now it can be said to be very close to surpassing the previous ATH so this increase is a very surprising increase because it happened so fast and maybe at the end of the year or early December tomorrow, the price has already surpassed $20k and will continue to rise and if so, I feel if the end of the year the price is already very high and if the increase is continued until the next year it is very likely to reach ±$50k.

Wouldn't be seeing much for price to hit up 50k on next year but even though these prices can be possibly attained if such price movement would really be maintaining but
reaching that point would somehow be fast and I considered that it would really be a bubble.

I do much prefer on seeing price that is slowly and gradually increasing in a matter of time.For now lets see on what would happen because
nothing can be assured when we do talk about future prices.

We are hitting 20k almost as of this moment, neither there would be a correction or would able to have some breakout.

hahay

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Quote from: atjiat on November 24, 2020, 01:29:39 PM

I believe the new ATH should be much higher than $ 20,000. We are only at the very beginning of the bull run and already have over $ 19,000 per bitcoin. I do not presume to predict the future maximum, but in the middle of 2021 there will be new historical indicators.

It is also uncertain whether it will continue to increase until mid-2021 because there will always be a dumping period later. Even now it can be said to be very close to surpassing the previous ATH so this increase is a very surprising increase because it happened so fast and maybe at the end of the year or early December tomorrow, the price has already surpassed $20k and will continue to rise and if so, I feel if the end of the year the price is already very high and if the increase is continued until the next year it is very likely to reach ±$50k.

atjiat

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I believe the new ATH should be much higher than $ 20,000. We are only at the very beginning of the bull run and already have over $ 19,000 per bitcoin. I do not presume to predict the future maximum, but in the middle of 2021 there will be new historical indicators.

davinchi

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Quote from: Japinat on November 23, 2020, 07:24:26 AM

Bitcoin just suddenly skyrocket nearing to its ATH, so I am not comfortable with that kind of movement, I'm expecting a correction and a bear market afterwards.

According to official numbers $19.6k or so is the ATH we need to break and we are way too close to that right now. I would say ATH is not really the thing we should focus on, you do not aim at $19.7k and stop there, that makes no sense. We should be breaking over ATH and going even higher and higher in order to actually worth something. This is why I like to remind people last time it took us to breka the ATH.

In 2014 price went to 1200 levels and that was the ATH at that time, up until 2017 or so we didn't break it, but we grew a bit more. What happened? It started to go over 1200 and became $2k or so, even $3k and that was breaking the ATH and nobody was shocked because it just casually went higher. After that? We also kept going and going up until $20k.

So, when you break ATH you don't just go 100-200 dollars higher, you break it to a point where it is very hard to reach it again.

kapalmabur

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$ 20k will be reached soon, not FOMO, because Fomo could be a disaster,
let the Bitcoin bull run healthy, we will see $ 20k and we will celebrate,
I prefer to predict this will happen after Christmas.

Quintrix

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Quote from: kentrolla on November 05, 2020, 07:18:45 AM

Impressive performance from the past couple of weeks is this the effect of American election?

BTC has pumped 9% in the past one week and has gained the momentum and inching towards 15k now after 2017 it has broked the 14 k barrier and setting up for new heights guys this performance from BTC was remarkable and a boost for many altcoins too. I guess it will break 20k barrier by the end of the year hopefully.

Two months ago no one is talking about the big possibility that Bitcoin will hit the $20000 mark, everything is just a speculation because of the very slow movement of the price, but because of the big pump in the last two weeks, there's a lot of topic about, Bitcoin will hit $20 k what used to be speculation has become a possibility.

Japinat

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Quote from: BuNga_cute on November 22, 2020, 06:48:54 PM

If you look at Bitcoin's performance this year it is indeed amazing and also the Bitcoin movement that continues to rise slowly,
indicates the current increase is not due to hype. But because many people are adopting Bitcoin, this is what makes Bitcoin
fundamentals even stronger. I agree that the increase in the price of Bitcoin is now very different from 2017, so if it makes it
past the $ 20,000 price, it is possible that the Bitcoin price will still go up again.

I still believe this is mostly due to hype, if we speak of adoption, or real adoption, it will not happen this fast.
Bitcoin just suddenly skyrocket nearing to its ATH, so I am not comfortable with that kind of movement, I'm expecting a correction and a bear market afterwards.

BuNga_cute

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If you look at Bitcoin's performance this year it is indeed amazing and also the Bitcoin movement that continues to rise slowly,
indicates the current increase is not due to hype. But because many people are adopting Bitcoin, this is what makes Bitcoin
fundamentals even stronger. I agree that the increase in the price of Bitcoin is now very different from 2017, so if it makes it
past the $ 20,000 price, it is possible that the Bitcoin price will still go up again.

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Quote from: STT on November 22, 2020, 06:03:24 PM

Highest closing bar for BTC was 18953 and price now is 18633 so its pretty full to the whole spectrum of price possibilities in the last 3 years. Its hard to say what caps aspirations in price but mostly I expect steady progress to take us past 20k to maybe 24k but if we just spike up then I also expect similar sells downwards. Right now we're rising slightly too fast for it to be called completely stable, its very fast momentum above 2 day average.

Dont say that it is the average kind of movement but this is way slower than on what happened on that year 2017 which i dont see for some next price crash after
we hit up the ATH.We would surely past 20k price but hopefully not on a very fast manner and also sell-offs are normal but lets hope that not all would really be
considering on the same target or goal because that will surely be a deep red that we will experience once again but i do have the feeling that it would
be different this time yet adoption level isnt really just the same into those early years where it can result on having a strong price support.

STT

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Highest closing bar for BTC was 18953 and price now is 18633 so its pretty full to the whole spectrum of price possibilities in the last 3 years. Its hard to say what caps aspirations in price but mostly I expect steady progress to take us past 20k to maybe 24k but if we just spike up then I also expect similar sells downwards. Right now we're rising slightly too fast for it to be called completely stable, its very fast momentum above 2 day average.

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Quote from: zeingrind777 on November 22, 2020, 05:17:54 AM

Quote from: kentrolla on November 05, 2020, 07:18:45 AM

Impressive performance from the past couple of weeks is this the effect of American election?

BTC has pumped 9% in the past one week and has gained the momentum and inching towards 15k now after 2017 it has broked the 14 k barrier and setting up for new heights guys this performance from BTC was remarkable and a boost for many altcoins too. I guess it will break 20k barrier by the end of the year hopefully.

In my opinion, that might happen. Bitcoin price at the end of 2020 is likely to touch 20K, currently, Bitcoin has jumped more than 15 percent so far this week. It has even doubled this year, a jump that spurred memories of a 1K percent rally in 2017 that brought it closer to 20K. I hope the end of the year will exceed 20K.

Just positive, this will be a good month for Bitcoin,
November-December there will be pumping and corrections, especially before Christmas I hope there will be a correction,
and after Christmas bitcoin make $20k.

Topic: BTC is getting ready for 20k again (Read 1445 times)