I think bitcoin will surpass $ 20,000 by the end of this year or early next year, so holding bitcoin is still a good investment.
However, the rule when investing in the cryptocurrency market is not to put all your eggs in one basket, so it is best for people to split their investments.
Topic: Heavy BTC resistance at $20k - page 5. (Read 1262 times)
Bitcoin need to find out very strong support at price $19500 and around it to have strong momentum to pass through $20,000. I see bitcoin was pulled back three times around $19500 and it will be an important resistance for bitcoin. I know it stood above $19500 for 2 times and for a while but it has 3 times drops from that price.
If bitcoin fails to do it, two lower prices can be bottomed at $17700 and $16700. Xmas in the air and in next 2 weeks, I won't surprise if the Santa Claus gives me deep red candles. If you have USDT, wait for dip and buy up.
If bitcoin fails to do it, two lower prices can be bottomed at $17700 and $16700. Xmas in the air and in next 2 weeks, I won't surprise if the Santa Claus gives me deep red candles. If you have USDT, wait for dip and buy up.
There is heavy BTC resistance at $20,000. Last time also, this was the level.
I think it is time to partially liquidate BTC and move the money to Cardano/Ripple/Tron etc. These coins haven't maxed out yet and still have 2-3x potential.
Ripple also seems to me like it’s reached its high for now. I have not been following Tron actively, so I can’t tell for sure whether it’s a good option or not for now. Then Cardano aka ADA seems a pretty good choice, it’s been going positively.I think it is time to partially liquidate BTC and move the money to Cardano/Ripple/Tron etc. These coins haven't maxed out yet and still have 2-3x potential.
But Bitcoin isn’t a bad choice right now, you can still sell part of the Bitcoin you’re holding and maybe keep the rest, if there is any coin that has more chances of going green, then it’s definitely Bitcoin as of now. The price might seem like it’s hard to cross the $20k range, this is similar to what has been happening in the last few months, it will still cross that level.
I believe that $20k is not a resistance we cannot break, it is right there and very close and it doesn't require that much money to break over neither, it is definitely something that we can break over very easily if we tried. However it requires a lot of bull run and hype from people not to sell, that is the problem we are facing right now.
There are too many people who are selling, and that sell pressure keeps us from getting closer to $20k levels. If we can somehow stop the bleeding and get closer to a level where we can make buyers stay in numbers but sellers drop in numbers by a large margin, we could break over $20k very easily. Normally it requires a buy rush to go up, this time we need sellers to slow down.
There are too many people who are selling, and that sell pressure keeps us from getting closer to $20k levels. If we can somehow stop the bleeding and get closer to a level where we can make buyers stay in numbers but sellers drop in numbers by a large margin, we could break over $20k very easily. Normally it requires a buy rush to go up, this time we need sellers to slow down.
That is the first target for each investor to sold their bitcoin. But, I don't think it will be long to achieve because now bitcoin price is trying to reach its price foe the third times. A good sentiment market still in the crypto market, the vaccine for corona virus just give a slightly effect if we compare with gold price movement.
It is just the matter of time, also if I look technically the candle pattern already formed harmonic pattern which I think the decreasing price is still normal and we will another pump in the next days/weeks. However, I doubt with your point of view who said that altcoin like Ripple or cardano which will take the situation. Because until now almost altcoin price just move depend on bitcoin market.
It is just the matter of time, also if I look technically the candle pattern already formed harmonic pattern which I think the decreasing price is still normal and we will another pump in the next days/weeks. However, I doubt with your point of view who said that altcoin like Ripple or cardano which will take the situation. Because until now almost altcoin price just move depend on bitcoin market.
There is heavy BTC resistance at $20,000. Last time also, this was the level.
I think it is time to partially liquidate BTC and move the money to Cardano/Ripple/Tron etc. These coins haven't maxed out yet and still have 2-3x potential.
What's your thought?
My thought exactly is to push in more buy orders so as to break that tough resistance on Bitcoin. Remember it had its ATH in 2017 around that level and that's why it's taking time to surmount. More buy orders will turn that resistance to support floor. It isn't time yet to diversify into altcoins. Time for altcoins will come later after Bitcoin has make another ATH, possibly in 2021.I think it is time to partially liquidate BTC and move the money to Cardano/Ripple/Tron etc. These coins haven't maxed out yet and still have 2-3x potential.
What's your thought?
Whatever it takes, the time is very important so let's cherish every moment for our asset to grow steadfastly and monitor closely while more pumping moments is there. All potential reachable value can be obtained as long as resistance kepts becoming unbreakable, as demands took dominance over time.
I'm cherishing and enjoying the moment of time.I have a peace of mind while looking at the price of bitcoin. It's more than what I'm wishing for with the resistance and stable price. It has surpassed it so I'm chill and cherishing every moment.
I think it is time to partially liquidate BTC and move the money to Cardano/Ripple/Tron etc. These coins haven't maxed out yet and still have 2-3x potential.
Just by looking at the ATH for ADA or Tron and XRP you can see that the potential is still there but it depends on you if you think BTC has showed all it had for this year to move over to Alts. Although, these coins especially ADA and XRP are showing some uptrend it doesn't mean that it will touch the base we expect should it recover to their ATH. The phenomenon of not knowing makes all the more interesting...
Sentimentally speaking, this was very much anticipated following the speedy growth. Creating more and more highs, it's no surprise the bulls just wanted to push the market to 20k before experiencing some exhaustion and as a result of this, they are sure to relax for the bears to take charge of the market and sell to a support level where the market will close which I anticipate it to be around 17k. I don't see BTC falling below that. Coupled with the season so, a lot of traders would be looking to withdraw their BTC to it's fiat equivalent to better enjoy the season. That's sentimental following what's playing out in the market at the moment.
It is true that the resistance at $ 20 is quite difficult to cross, but I believe that the high demand for Bitcoin is able to pass
the resistance price of $ 20. And don't move our Bitcoin into altcoins for now, stay focused on Bitcoin. Because if it is true
in the near future the Bitcoin pump will pass the price of $ 20,000. This will create a dump altcoins price, my advice is to
first avoid investing in altcoins, until the Bitcoin price is really stable.
the resistance price of $ 20. And don't move our Bitcoin into altcoins for now, stay focused on Bitcoin. Because if it is true
in the near future the Bitcoin pump will pass the price of $ 20,000. This will create a dump altcoins price, my advice is to
first avoid investing in altcoins, until the Bitcoin price is really stable.
It's not yet and at least not this time. The resistance can be broken anytime. A heavy resistance is nothing when FOMO will be starting to happen again. wait at least a week or more and bitcoin will be able to break the heavy resistance around 20k .
I'd say that if bitcoin remains $19k for a month or two. We can have at least a deep sigh as a sign of relief. That's what we want to see bitcoin moves. Just like when it was stable at $10k. I hope that pattern will still be the same this time and it will stay on this level for a long time before it reaches a new high.
I'd say Bitcoin will break $20k within a few days or it can be today as the price fluctuates at $19,7k-$19,8k at the moment. The sales hype in the market is over, big whales don't want to sell their coins at lower levels compared to $21-$22k. The big wall at $20k very likely to be surpassed today as $19,918 is the peak so far.
I'd say that if bitcoin remains $19k for a month or two.
If you look at the TF 1D chart he is in the form of a hammer. If you look at the smaller TF it looks really good it will probably be up to $ 20K soon and it won't be long. After $ 20,000 I think there is more resistance at $ 21,250. IMOWhatever it takes, the time is very important so let's cherish every moment for our asset to grow steadfastly and monitor closely while more pumping moments is there. All potential reachable value can be obtained as long as resistance kepts becoming unbreakable, as demands took dominance over time.
It's not yet and at least not this time. The resistance can be broken anytime. A heavy resistance is nothing when FOMO will be starting to happen again. wait at least a week or more and bitcoin will be able to break the heavy resistance around 20k .
I'd say that if bitcoin remains $19k for a month or two. We can have at least a deep sigh as a sign of relief. That's what we want to see bitcoin moves. Just like when it was stable at $10k. I hope that pattern will still be the same this time and it will stay on this level for a long time before it reaches a new high.
I'd say Bitcoin will break $20k within a few days or it can be today as the price fluctuates at $19,7k-$19,8k at the moment. The sales hype in the market is over, big whales don't want to sell their coins at lower levels compared to $21-$22k. The big wall at $20k very likely to be surpassed today as $19,918 is the peak so far.
I'd say that if bitcoin remains $19k for a month or two.
If you look at the TF 1D chart he is in the form of a hammer. If you look at the smaller TF it looks really good it will probably be up to $ 20K soon and it won't be long. After $ 20,000 I think there is more resistance at $ 21,250. IMO
It is not something unbreakable. Unfortunately we failed twice and that made people think that it is something huge and we would have hard time breaking it and everyone imagines that it could be a wall to be never broken. However we should also realize that this is bitcoin we are talking about, all the hard resistance points that looked to be difficult to break has been shattered so far, which means there is no reason why we can't break over $20k neither.
One of the most difficult ones looked to be going over $15k for example, which took 3 years to break but we have broken over it and got close to $20k afterwards. So what I am trying to say is that, it is definitely hard to break, but it is not impossible, there is still a chance that we could go over it.
One of the most difficult ones looked to be going over $15k for example, which took 3 years to break but we have broken over it and got close to $20k afterwards. So what I am trying to say is that, it is definitely hard to break, but it is not impossible, there is still a chance that we could go over it.
It's just right there. But yet, unreachable. 
Goosebumps.
Almost like someone is trying to stop it from moving upward the $20k mark.
But I doubt it will take another week for it to be reached. Somehow it will, while we are sleeping.
Goosebumps.
Almost like someone is trying to stop it from moving upward the $20k mark.
But I doubt it will take another week for it to be reached. Somehow it will, while we are sleeping.
There is heavy BTC resistance at $20,000. Last time also, this was the level.
This is a 3 years old resistance level so this is expected since we are trying to create a new ATH. We just reach this level and since there's a strong seller, we didn't succeed on our first try to break it but I'm sure bitcoin is not done yet and we will try to break it again this month before the year end. You have to be more patience, and in time we will a new Bitcoin resistance. 
The momentum shows it up that Bitcoin will keep trying to break that and bring a new time high.
It's a matter of your understanding OP, such plan may give you a better chance to max out your profits, most of the time when bull start
to go stronger, known alts are also lifted, do your proper research before taking your investment to any selected assets, always consider volatility to avoid big mistake and huge loses.
Sometimes alts is left behind when bitcoin start to pump harder, we can see it happening when the hype is on Bitcoin since Im sure many will prefer to buy bitcoins nowadays and left the alts for a while since bitcoin is much profitable compare to the alts these days maybe the best time to stake with alts is when the price of Bitcoin stabilize.
And I won't recommend the late for now since we are now seeing the possible great potential so we must focus on it right now and join the ongoing hype with bitcoins.
That's quite a thick sell wall on BTC:USDT on Binance. But seriously though? $19,700 was just as thick just a few days ago. I wouldn't be surprised if we actually break $20,000 real soon(though I wouldn't bet on it).
It was indeed a thick sell wall. Right now, it’s clear that $20k is the ultimate resistance level. Bitcoin would made history if it touches $20k or more. It’s highest was around $19,800+ before getting rejected by resistance and dragged down below $17k, and now suddenly it hovers around $19,300+ as of this time of posting. I wonder how long the bulls can keep their momentum all the way up to $20k. This is gonna be very interesting to watch on where it will go before the 2020 ends.
That's quite a thick sell wall on BTC:USDT on Binance. But seriously though? $19,700 was just as thick just a few days ago. I wouldn't be surprised if we actually break $20,000 real soon(though I wouldn't bet on it).
It was indeed a thick sell wall. Right now, it’s clear that $20k is the ultimate resistance level. Bitcoin would made history if it touches $20k or more. It’s highest was around $19,800+ before getting rejected by resistance and dragged down below $17k, and now suddenly it hovers around $19,300+ as of this time of posting. I wonder how long the bulls can keep their momentum all the way up to $20k. This is gonna be very interesting to watch on where it will go before the 2020 ends.
I am sure the $20k is not breaking anytime soon!
I think my prediction was right on BTC for now. I am a trader so I trade on probabilities thinking that I may be wrong as well, but I have to know that if I am wrong, what is the way out.
I shifted to alts which did not work where I was wrong. But I am still justified in my trade thinking that even if it BTW goes up, the alts have 3x potential, ripple has 2x, tron 3x, ada 4x and so on.
So I think even if BTC comes down, I am gonna hold the alts and invest the remaining 25% which was my crypto contingency fund, to average out on alts.
I still see a heavy upside on alts.
happy to discuss, debate, proven wrong!
That's quite a thick sell wall on BTC:USDT on Binance. But seriously though? $19,700 was just as thick just a few days ago. I wouldn't be surprised if we actually break $20,000 real soon(though I wouldn't bet on it).
It was indeed a thick sell wall. Right now, it’s clear that $20k is the ultimate resistance level. Bitcoin would made history if it touches $20k or more. It’s highest was around $19,800+ before getting rejected by resistance and dragged down below $17k, and now suddenly it hovers around $19,300+ as of this time of posting. I wonder how long the bulls can keep their momentum all the way up to $20k. This is gonna be very interesting to watch on where it will go before the 2020 ends.
There is heavy BTC resistance at $20,000. Last time also, this was the level.
I think it is time to partially liquidate BTC and move the money to Cardano/Ripple/Tron etc. These coins haven't maxed out yet and still have 2-3x potential.
What's your thought?
I think it is time to partially liquidate BTC and move the money to Cardano/Ripple/Tron etc. These coins haven't maxed out yet and still have 2-3x potential.
What's your thought?
Indeed, when viewed from the current Bitcoin price, it has tried to penetrate $ 20k twice,
and it seems that it is also getting overwhelmed, the dump is happening again,
whether this is a correction or not, reportedly $ 100 million in BTC has begun to be moved,
indeed altcoins should be invested in because it is true that altcoins can still potentially be 3x
It's not yet and at least not this time. The resistance can be broken anytime. A heavy resistance is nothing when FOMO will be starting to happen again. wait at least a week or more and bitcoin will be able to break the heavy resistance around 20k .
I'd say that if bitcoin remains $19k for a month or two. We can have at least a deep sigh as a sign of relief. That's what we want to see bitcoin moves. Just like when it was stable at $10k. I hope that pattern will still be the same this time and it will stay on this level for a long time before it reaches a new high.
I'd say Bitcoin will break $20k within a few days or it can be today as the price fluctuates at $19,7k-$19,8k at the moment. The sales hype in the market is over, big whales don't want to sell their coins at lower levels compared to $21-$22k. The big wall at $20k very likely to be surpassed today as $19,918 is the peak so far.
I'd say that if bitcoin remains $19k for a month or two.
If you look at the TF 1D chart he is in the form of a hammer. If you look at the smaller TF it looks really good it will probably be up to $ 20K soon and it won't be long. After $ 20,000 I think there is more resistance at $ 21,250. IMO Jump to: