If we break over 20k once again I will not be with you guys, I am sorry but I have lived that dropping period myself and lost a lot of money (but also gained more so I am fine, don't worry) and I have learned my lesson the hard way so I know that over 20k could be risky.
I am not saying if we go over 20k again all the same things will happen and we will see ourselves at 3-4k range once again, that was one time and it doesn't have to happen again, but also at the same time I can't say that it will never happen neither, it possibly could once again happen and that is why I believe that people should be careful about it. Which is why I will sell all my coins when we get high enough and I will start to watch it, I could lose out on possible profits but that is fine as long as I do not lose real money.
Topic: History shows Bitcoin price may take 3-12 months to finally break $20K (Read 736 times)
September 18, 2020, 03:40:05 AM
September 16, 2020, 08:23:45 PM
Unfortunately, the price still does not exceed the 12K mark. So it's hard to say what will happen tomorrow. Bitcoin is really an unpredictable thing
Incase you missed it, It did touched $12k twice. Then the expected pull back usually happens.
according to this article Bitcoin started to be expected rising to 12k since the start of This 2020
https://www.cnbc.com/2020/02/13/heres-how-bitcoin-gets-to-12000.html
And yes Bitcoin is very unpredictable that's why we're making fundamental news and predictions right here to draw closer to the next price movement.
Nothing is certain in Crypto currency investing that is why Patients is much needed here.If Btc stabilizes at this current range, there is indeed a huge chance to make a 2017ish rally and It'll (Btc) reach new heights. The $10,000 strong support level has no indication that Btc will go near that level for now. Let's see how Btc will close out this month and how well it would open for the next 1st week of September.
Hope to come soon,and will surely happens if the Corona totally gone and people starts living normal again.But always remember it is very rare that history is repeating itself in crypto market so let us not look from what others
are saying but instead make our own research and perseverance if we want to make profit and stay safer.
September 16, 2020, 06:25:34 PM
These threads had been created in 2018 and do ask out or predict that we might reach out 20k but we havent able to achieve
on 3 years time which it normally shows that market cant really be predicted out neither if you do go ahead or even going back to past on making out
analysis.
Will Bitcoin ever be 20k again? Why or Why not?
Will Bitcoin hit 20k again
Can Bitcoin Make it back to $20k ?
What will help bitcoin reach 20k again?
On a very speculative market then expect for lots of speculative threads. lol
on 3 years time which it normally shows that market cant really be predicted out neither if you do go ahead or even going back to past on making out
analysis.
Will Bitcoin ever be 20k again? Why or Why not?
Will Bitcoin hit 20k again
Can Bitcoin Make it back to $20k ?
What will help bitcoin reach 20k again?
On a very speculative market then expect for lots of speculative threads. lol
That's what crypto users wanted to read. How possible is that price level to achieve and when? They just want to get a lil bit of hope that we will reach the ATH again. It feels good to read those threads as you can read various speculations from everybody. So they are not tired of reading and creating similar threads.
September 16, 2020, 06:19:20 PM
These threads had been created in 2018 and do ask out or predict that we might reach out 20k but we havent able to achieve
on 3 years time which it normally shows that market cant really be predicted out neither if you do go ahead or even going back to past on making out
analysis.
Will Bitcoin ever be 20k again? Why or Why not?
Will Bitcoin hit 20k again
Can Bitcoin Make it back to $20k ?
What will help bitcoin reach 20k again?
On a very speculative market then expect for lots of speculative threads. lol
on 3 years time which it normally shows that market cant really be predicted out neither if you do go ahead or even going back to past on making out
analysis.
Will Bitcoin ever be 20k again? Why or Why not?
Will Bitcoin hit 20k again
Can Bitcoin Make it back to $20k ?
What will help bitcoin reach 20k again?
On a very speculative market then expect for lots of speculative threads. lol
September 16, 2020, 01:00:17 PM
I really can't believe that people really do not care about looking at the future and not the past and people think that is fine.
I mean sure if you want to look at the past please do it, learn from mistakes if you want to, however if you think one thing that happened in the past will happen again and again, you should buy bitcoin every November and sell it every December so that you can max profit, you don't do it do you? Bitcoin went from $3k in 2017 November to 20k December 2017, if same thing happens why don't you try to do that once again?
Nobody does it because we know past doesn't happen over and over again. Hopefully you will realize that this example can be applied to every single one, there is no way people could ever be actually repeating the same thing over and over.
I mean sure if you want to look at the past please do it, learn from mistakes if you want to, however if you think one thing that happened in the past will happen again and again, you should buy bitcoin every November and sell it every December so that you can max profit, you don't do it do you? Bitcoin went from $3k in 2017 November to 20k December 2017, if same thing happens why don't you try to do that once again?
Nobody does it because we know past doesn't happen over and over again. Hopefully you will realize that this example can be applied to every single one, there is no way people could ever be actually repeating the same thing over and over.
September 14, 2020, 02:37:17 PM
^I do not think that 10k-20k levels without going too high, changes according to what you got in with, if bitcoin price stays above 10k and under 20k that is still a big win in my book because if we start to think about "where did you get in" that means there could be people who bought at 20k as well when we are at 20k, does that mean we are not high? If we one day become 40k but someone bought at 45k and dropped, does that mean we are not high? If we start to think about where people got in and not where we came from, that will always result with various amounts of answers.
We should not look at the price from where anyone bought, we should look at it from the past to today and bitcoin has been under 10k for a very very long period, then went above 10k and I am happy with it, as long as it stays above 10k that is fine.
We should not look at the price from where anyone bought, we should look at it from the past to today and bitcoin has been under 10k for a very very long period, then went above 10k and I am happy with it, as long as it stays above 10k that is fine.
September 13, 2020, 07:48:15 AM
what happens if we are not above 20k but we are not under 10k? Is that a loss?
I feel like that is still a win. Tell me if you wake up tomorrow and price of bitcoin is 15k and it stays at around 14-16k range for one year, would you feel bad? I would actually feel awesome about it, that is big enough and good enough, I am happy with every single up from here and staying there, do not need even higher and higher all the time.
I feel like that is still a win. Tell me if you wake up tomorrow and price of bitcoin is 15k and it stays at around 14-16k range for one year, would you feel bad? I would actually feel awesome about it, that is big enough and good enough, I am happy with every single up from here and staying there, do not need even higher and higher all the time.
It depends on your entry point if you bought Bitcoin at level $7 k to level $9 k you are still good and in profit, I'm positive on the outcome of the price of Bitcoin before the end of the year, compared in the last two years, this year is different because we are in a post halving period and I don't see history going to different direction and we will not see a new all time high.
September 13, 2020, 07:41:11 AM
what happens if we are not above 20k but we are not under 10k? Is that a loss?
I feel like that is still a win. Tell me if you wake up tomorrow and price of bitcoin is 15k and it stays at around 14-16k range for one year, would you feel bad? I would actually feel awesome about it, that is big enough and good enough, I am happy with every single up from here and staying there, do not need even higher and higher all the time.
I feel like that is still a win. Tell me if you wake up tomorrow and price of bitcoin is 15k and it stays at around 14-16k range for one year, would you feel bad? I would actually feel awesome about it, that is big enough and good enough, I am happy with every single up from here and staying there, do not need even higher and higher all the time.
It depends on your entry point if you bought Bitcoin at level $7 k to level $9 k you are still good and in profit, I'm positive on the outcome of the price of Bitcoin before the end of the year, compared in the last two years, this year is different because we are in a post halving period and I don't see history going to different direction and we will not see a new all time high.
September 12, 2020, 10:01:41 PM
Let’s see if this halving brings as much increase as people claim it will be.
Halving is over and obviously was already priced in the Bitcoins price. Next halving is in 2024. Question is when will 2024 halving get priced in Bitcoins price. It should in 2021 or maybe 2022.
September 11, 2020, 02:17:25 AM
Let’s see if this halving brings as much increase as people claim it will be. I feel like this price point is at a sensitive place where it could even go down, so I am not sure if it could actually go up like people claim it will. Not saying it won't, because who am I to say bitcoin will do this or that, but I can say that we could actually do decently and that is what I am trying to guess, what happens if we are not above 20k but we are not under 10k? Is that a loss?
I feel like that is still a win. Tell me if you wake up tomorrow and price of bitcoin is 15k and it stays at around 14-16k range for one year, would you feel bad? I would actually feel awesome about it, that is big enough and good enough, I am happy with every single up from here and staying there, do not need even higher and higher all the time.
I feel like that is still a win. Tell me if you wake up tomorrow and price of bitcoin is 15k and it stays at around 14-16k range for one year, would you feel bad? I would actually feel awesome about it, that is big enough and good enough, I am happy with every single up from here and staying there, do not need even higher and higher all the time.
September 10, 2020, 07:49:16 AM
Undoubtedly, it is very difficult to predict something in the near future, what exactly will happen in the cryptocurrency market, but nevertheless, many analysts believe that it is necessary to focus on the historical indicators of halving 2012 and 2016. After these events, after a period of 1 year, bitcoin showed the maximum value your course. Based on this, it should be assumed that halving 2020 affects Bitcoin in the same way as it did last time. Therefore, I also believe that in the summer of 2021, bitcoind can reach another historic high in price.
In addition, you need to take into account the market conditions that have developed today, including the economic crisis and the coronavirus pandemic. the depreciation of national currencies actively forces ordinary people and investors to invest in cryptocurrency, but most of all in Bitcoin.
In addition, you need to take into account the market conditions that have developed today, including the economic crisis and the coronavirus pandemic. the depreciation of national currencies actively forces ordinary people and investors to invest in cryptocurrency, but most of all in Bitcoin.
September 09, 2020, 06:49:42 PM
Let's not rely on history all that much, sure that is telling us something but it is not telling us the whole story, I would rather wait for it to happen than I would assume history will repeat itself.
Sure there is a possibility that bitcoin could go very high because let's face it the miners are not going to make this much money from the transaction fee's for too long, last time they requested this much and they didn't give up, people literally found a way to cheapen it and making it faster, a lot of miners have given up on mining because they are not making enough and rest of them are cutting back on power because let's face it they are already making money and if they use more machines they would make about the same from rewards yet miss out on fee's.
So, I am sure one day fee's will get lower again somehow (maybe LN) and at that point miners will focus on making bitcoin more expensive.
You cant blame people not to presume things that would happen in future by just looking at on what happened in the past.Some might care and some wouldnt really just tend to Sure there is a possibility that bitcoin could go very high because let's face it the miners are not going to make this much money from the transaction fee's for too long, last time they requested this much and they didn't give up, people literally found a way to cheapen it and making it faster, a lot of miners have given up on mining because they are not making enough and rest of them are cutting back on power because let's face it they are already making money and if they use more machines they would make about the same from rewards yet miss out on fee's.
So, I am sure one day fee's will get lower again somehow (maybe LN) and at that point miners will focus on making bitcoin more expensive.
look back.It varies into each individual thats why we do see lots of threads saying that price will break ATH or would go even higher or the price wont reach ATH anytime soon.
Point here is that no one on this market can really make that preceise prediction. Even on tomorrows price is already unpredictable.
“The fun part is that this cycle will, probably, take longer than the previous one. However, it will be more insane than the previous one. I like it.”
Typically, a prolonged period of stability for Bitcoin has led the altcoin market to perform strongly. Kelvin Koh, a partner at Asia-based cryptocurrency fund Spartan Black, hinted it could buoy the sentiment around the altcoin market.
September 09, 2020, 11:08:21 AM
I do believe bitcoin could definitely go up and will go up and break over $20k but I do not think that we should be looking at historical movements to decide the future prices. We have talked about this here extensively, there are people who take a look at history and decide on the future and there are people who think that is wrong, I am one of the ones that think that is wrong.
Bitcoin is not something that you could actually take a look at the past, see something happened before and that is why you think same thing will happen again which will result with the same results in the end. Sometimes bitcoin has something, reacts one way and it happens a few months or years later and reacts another way, we can't just assume that it would result with the same thing again and again.
Bitcoin is not something that you could actually take a look at the past, see something happened before and that is why you think same thing will happen again which will result with the same results in the end. Sometimes bitcoin has something, reacts one way and it happens a few months or years later and reacts another way, we can't just assume that it would result with the same thing again and again.
September 06, 2020, 10:03:11 PM
Because of the recent drop of the market I'd like to believe now that it will take some time before the market break into the $20 k level, it's not going to be an easy climb for the next two months, and expect a dip or a drop from time to time, the market is either an opportunity or big loss whenever this is a drop, so follow the golden rule of only invest what you can afford to lose.
September 03, 2020, 02:21:59 PM
Let's not rely on history all that much, sure that is telling us something but it is not telling us the whole story, I would rather wait for it to happen than I would assume history will repeat itself.
Sure there is a possibility that bitcoin could go very high because let's face it the miners are not going to make this much money from the transaction fee's for too long, last time they requested this much and they didn't give up, people literally found a way to cheapen it and making it faster, a lot of miners have given up on mining because they are not making enough and rest of them are cutting back on power because let's face it they are already making money and if they use more machines they would make about the same from rewards yet miss out on fee's.
So, I am sure one day fee's will get lower again somehow (maybe LN) and at that point miners will focus on making bitcoin more expensive.
Sure there is a possibility that bitcoin could go very high because let's face it the miners are not going to make this much money from the transaction fee's for too long, last time they requested this much and they didn't give up, people literally found a way to cheapen it and making it faster, a lot of miners have given up on mining because they are not making enough and rest of them are cutting back on power because let's face it they are already making money and if they use more machines they would make about the same from rewards yet miss out on fee's.
So, I am sure one day fee's will get lower again somehow (maybe LN) and at that point miners will focus on making bitcoin more expensive.
September 03, 2020, 05:04:20 AM
I think this is a safe prediction, I mean if we didn't hit all time high for this year, then obviously, the next 12 months (2021) will be the target wherein we might be able to reach all-time-high and it will still align with the 4 year cycle which most bitcoin enthusiasts see on how the bitcoin market works, boom and bust, cyclical nature.
As a contrarian trader and investor, that's what bothers me. It seems to be a very popular opinion. From a technical point of view I also see 2020 as a parallel for 2016, which puts the parabolic bubble next year, not this year. But the fact that so many people are thinking the same thing and citing the 4-year cycle gives me pause.
Maybe BTC front runs the cycle this time....
September 03, 2020, 04:14:07 AM
Well it may or may not really break $20K but there is always hope for everything.
For me it doesn't really matter if it breaks $20K or not the important thing for me is that it wouldn't go below $8K again.
I would be happy as long as it would stay above the price and have a slow steady growth.
Why afraid of Dropping to $8000 level again?when you seems to be a Holder?It is better to fell again because we cannot break the $13,000 barrier then lets add some more right?For me it doesn't really matter if it breaks $20K or not the important thing for me is that it wouldn't go below $8K again.
I would be happy as long as it would stay above the price and have a slow steady growth.
this is How i see market if you cannot profit then add more if we talk about Bitcoin as i have tried this for couple of times before.
September 03, 2020, 02:50:37 AM
And bitcoin did really prove it out that history cant really be repeated on the way where majority is been expecting or anticipating.I cant really blame out people to have those kind of
impressions because bull run did happen in the last months of that 2017 year which means you would really have the assumption that it might happen on the next year but what happen on year
2018-2019? The price did still able to remain low its ATH and didnt really make any significant movement but this year it do somehow shows some interesting stuff but doesnt mean
that we would be heading there on the end of this year.
is there any big bull runs before the 2017 ath bull run happen ? because people wont expect by that time if there isnt any but now that big bull run did happen on the year 2017 , people are now expecting for it to repeat .
no big bull runs happened so far but there are smaller bull runs that occur by this year , ill still consider that as history repeats itself .
September 02, 2020, 02:11:24 PM
No one knows will btc break 20k again in this run or not. We already stucked between 11-12k range and this getting dangerous for furhter growth
I don't see any danger that we will go down further the $11 k level we are ok even if we are moving slowly all I know is the market is doing good during this hard times and I have high hopes that next year Bitcoin will be doing great, even more, the year 2020 is a preparation for the best that is going to happen this year.
everything is just repeated predictions which are not necessarily correct, what we have to realize is that bitcoin can suddenly turn things around in drastic ways and letting bitcoin move as it is is a wise choice and most importantly we can buy it when the price is low and resell it when the price is ride.
impressions because bull run did happen in the last months of that 2017 year which means you would really have the assumption that it might happen on the next year but what happen on year
2018-2019? The price did still able to remain low its ATH and didnt really make any significant movement but this year it do somehow shows some interesting stuff but doesnt mean
that we would be heading there on the end of this year.
September 02, 2020, 01:07:06 PM
No one knows will btc break 20k again in this run or not. We already stucked between 11-12k range and this getting dangerous for furhter growth
I don't see any danger that we will go down further the $11 k level we are ok even if we are moving slowly all I know is the market is doing good during this hard times and I have high hopes that next year Bitcoin will be doing great, even more, the year 2020 is a preparation for the best that is going to happen this year.
everything is just repeated predictions which are not necessarily correct, what we have to realize is that bitcoin can suddenly turn things around in drastic ways and letting bitcoin move as it is is a wise choice and most importantly we can buy it when the price is low and resell it when the price is ride.
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