Is bitcoin cross $15k in end of 2020 - page 2.

error08

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Quote from: Gotumoot on November 05, 2020, 08:40:23 AM

It looks like we wouldn't need to wait any longer we are just $81 short before it finally cross $15K again.
So the next question is would it continue to reach higher,Sustain to it's current price or drop down?
Would we see a new ATH before this year ends?

yes, I saw it, bitcoin at $14,900 like a minute ago on preev but then drop to $14,800.
Bitcoin may reach $15K in the near future or maybe today.
Not sure who, where, or which exchanges got a huge influx of money from investors buying bitcoin, but it's close to reaching that mark.
Some technical analysis I've been following gets it in the right frame.

Gotumoot

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It looks like we wouldn't need to wait any longer we are just $81 short before it finally cross $15K again.
So the next question is would it continue to reach higher,Sustain to it's current price or drop down?
Would we see a new ATH before this year ends?

3meek

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It is possible that bitcoin really can break the resistance at 14K... Look how many FUDs from Asia about the closure of various exchanges, and bitcoin is still rising in price! So it is possible that at the end of the year we will be able to see the price above 15K... The main thing is that nothing happens to the world markets after the US elections!

peter0425

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Quote from: Avantika jaiswal on October 28, 2020, 05:03:49 AM

I think yes because of recent news of bitcoin that paypal except bitcoin...
What's your opinion

we have crossed $14,000 recently and we still have almost 2 months to go so i think its a yes.

Market is staying Strong this couple of months so what we are waiting is 20k$ again before the Year ends or at least first quarter of 2021.

FanEagle

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We are not looking awesome right now, we tried to break over $14k and managed it for a tiny period and went down, I was happy with the $13.8k or even $13.6k levels but we are now at $13.4k, which is a bit worrying to me. If the price reached to $14k and broke over it and corrected itself to $13.4k that would have been normal, because there needs to be a correction whenever we reach to a new high for a period and $14k was a new high for like past 2.5 years or so, which is why going down was something I totally understand.

However what I do not understand properly was the fact that bitcoin went back to $13.8k first and not $13.4k , after that it went down a bit more and a bit more and basically just slowly went down instead of correcting right away. Does that mean we stop now, or will it continue to slowly go down?

dunfida

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Quote from: goaldigger on November 02, 2020, 05:21:53 PM

Quote from: Avantika jaiswal on October 28, 2020, 05:03:49 AM

I think yes because of recent news of bitcoin that paypal except bitcoin...
What's your opinion

We will reach that level, this is also my prediction honestly before the year end and if bitcoin was able to sustain its level above $13k-$14k then I’m sure we will hit that $15k level again and maybe welcome a great new year with great prices. Many big businesses are show a sign to adopt cryptocurrency, they already knew that this market is a big thing so they can’t afford to miss riding the trend.

They had already saw that big companies specially like Paypal had already reconsidered on putting up Bitcoin which means they are already aware and might consider it or not in upcoming years
or months to come. $15k might sound too near but we would be needing another adoption news or positive ones to drive the market even way more higher. $15k is somehow realistic
compare to those people who had been saying that it can reach ATH for this year which is really impossible.Breaking every 1000 price isnt really that easy to be done.
We would see lots of price volatility and corrections along the way.People shouldnt really be on haste.

goaldigger

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Quote from: Avantika jaiswal on October 28, 2020, 05:03:49 AM

I think yes because of recent news of bitcoin that paypal except bitcoin...
What's your opinion

We will reach that level, this is also my prediction honestly before the year end and if bitcoin was able to sustain its level above $13k-$14k then I’m sure we will hit that $15k level again and maybe welcome a great new year with great prices. Many big businesses are show a sign to adopt cryptocurrency, they already knew that this market is a big thing so they can’t afford to miss riding the trend.

Assface16678

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Quote from: Yaunfitda on November 02, 2020, 02:23:37 PM

Quote from: TitanGEL on November 01, 2020, 10:08:05 PM

Prices don't go in a straight line so expect that there will be retracement and pullbacks that may happen, there is currently a parabolic move in the bitcoin and for me it is a sign of weakness if there will be no consolidations that may happen to the price. If there will be a long consolidation above $14,000 levels then there is a high possibility that the price may reach $15,000 and even more. There is currently hype in the cryptocurrency market and it is the reason why a lot of investors have an eye on bitcoin. The buying pressure is still high and it is the reason why the price is keep moving up.

In any market, there's no such thing as a parabolic rise, bitcoin has proven this and although we are close to $14k-$15k, it might take some time to achieve this and definitely there will be retracements and pullbacks along the way. And right now, we can't get over $14k, there seems to be a big wall in front, so expect a wild price fluctuations, not unless we have some news again like the Paypal hype or more institutional money flowing in. We need to wait for that $15k.

The market price is not certain. It moves a lot which makes it hard to make predictions. The market price at this moment is indeed close to the market value in this topic but possibilities are possibilities. There is a chance for further price increase but there is also a tendency for its market value to fall in a sudden.The market price could also be "stabilized" at a certain price mark points. Waiting therefore is indeed more advisable. There's still more than a month in order for changes to occur in the world economy and we have to wait on its reflection in this industry.

STT

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Quote

Prices do go in straight line at certain periods of time though,

Right this moment there is alot of doubt which suggests we are in anticipation maybe building momentum for the event news or just generally confirming volume of buyers in the last push to this price. Any move up will get some selling, apprehension and distraction from what people hoped would be a positive build into the year end is natural when we cant know if dollar will gain or lose this week in a significant way. I cant see why 14k should halt rather then 15k exactly except for the basic idea of some gravity that as we go higher further energy is required and continued buying to justify the price hence lower dollar index would aid us.

Yaunfitda

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Quote from: TitanGEL on November 01, 2020, 10:08:05 PM

Prices don't go in a straight line so expect that there will be retracement and pullbacks that may happen, there is currently a parabolic move in the bitcoin and for me it is a sign of weakness if there will be no consolidations that may happen to the price. If there will be a long consolidation above $14,000 levels then there is a high possibility that the price may reach $15,000 and even more. There is currently hype in the cryptocurrency market and it is the reason why a lot of investors have an eye on bitcoin. The buying pressure is still high and it is the reason why the price is keep moving up.

In any market, there's no such thing as a parabolic rise, bitcoin has proven this and although we are close to $14k-$15k, it might take some time to achieve this and definitely there will be retracements and pullbacks along the way. And right now, we can't get over $14k, there seems to be a big wall in front, so expect a wild price fluctuations, not unless we have some news again like the Paypal hype or more institutional money flowing in. We need to wait for that $15k.

bitgolden

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Quote from: TitanGEL on November 01, 2020, 10:08:05 PM

Prices don't go in a straight line so expect that there will be retracement and pullbacks that may happen, there is currently a parabolic move in the bitcoin and for me it is a sign of weakness if there will be no consolidations that may happen to the price. If there will be a long consolidation above $14,000 levels then there is a high possibility that the price may reach $15,000 and even more. There is currently hype in the cryptocurrency market and it is the reason why a lot of investors have an eye on bitcoin. The buying pressure is still high and it is the reason why the price is keep moving up.

Prices do go in straight line at certain periods of time though, I know that in the long run there is no coin or anything in the world that could constantly make you money without a loss (except maybe bank savings interests) but at the same time there is nothing impossible about bitcoin going up non-stop for like a week or even a month. Sure it could drop afterwards but that doesn't mean it won't go up even further now before that happens.

This is the reason why I think it is still not too late to buy bitcoin, specially at these prices because the price of $14k was broken and it will be tried again very soon I am sure, and if we can break it again I am 100% sure $15k will be tested as well. People always act too late when it comes to buying, I hope they wouldn't be this time around.

Yamifoud

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It can be YES or NO, nothing else and we can't sure about since we don't have the closest clue to it. if you think about $15k then keep it and be positive because me, I'm not positive though. No, I don't think about it, that seems unpredictable, we are clueless and everything can be possible. But I don't want to keep believing as well for a huge surge, I was preparing myself for the dump and to invest more.\

The trend has changed by now...

TitanGEL

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Prices don't go in a straight line so expect that there will be retracement and pullbacks that may happen, there is currently a parabolic move in the bitcoin and for me it is a sign of weakness if there will be no consolidations that may happen to the price. If there will be a long consolidation above $14,000 levels then there is a high possibility that the price may reach $15,000 and even more. There is currently hype in the cryptocurrency market and it is the reason why a lot of investors have an eye on bitcoin. The buying pressure is still high and it is the reason why the price is keep moving up.

justdimin

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Quote from: Oceat on November 01, 2020, 11:55:38 AM

Quote from: BlackFor3st on November 01, 2020, 10:51:20 AM

Everything is possible with bitcoin nowadays. A few years ago it also rose from $ 8000 to $ 17000 in a few weeks / months during this period. It could just be that this will happen again.
In any case, it will be nice months to see what will happen. The upward trend has now started with the price increase.

Yeah I agree with that but always expect the unexpected because any FUD news would stir the price back down to $10k. So far the trend is going bullish perhaps $15k within this year is possible without some market manipulation. And in my opinion also it would pump within this year but I don't know what level it would tend to stop. I'm currently waiting for the price correction to hit though since the market is moving faster than its casual movement then that would be a great opportunity to buyback for the upcoming bull run.

You know the investors are very smart and they are not easily moved by the FUD now a days and no matter what one does they cannot bring the price of bitcoins to 10k or anywhere close to that amount. Gone are those days when people could spread some fake news and bring the price down. There are big companies and massive amount of investors so it is not possible now, evident from the Plustoken scam how it bring the market down but only for a small period of time and it came back even stronger than before.

The coming next year we might have a big pump in prices once the threat of corona virus is over and the market comes to the usual movement because I have read various articles how stock market investors had to sell their bitcoins and other digital assets to maintain equity in the stocks market so all those investments will come back soon when market is normal.

darewaller

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Quote from: BlackFor3st on November 01, 2020, 10:51:20 AM

Everything is possible with bitcoin nowadays. A few years ago it also rose from $ 8000 to $ 17000 in a few weeks / months during this period. It could just be that this will happen again.
In any case, it will be nice months to see what will happen. The upward trend has now started with the price increase.

I am sure 15k is coming this year for 100% sure because already we are close to that and it would take a small bump to reach that amount. I have actually seen guys making noise about the all-time high prices already on telegram groups and some articles are now rolling out about the same.

I don't jump on the hype train but I do believe that the price in coming months might surprise everyone because there is so much happening in the crypto world right now from PayPal to DeFi and almost everything seems to have a positive impact and in fact some believe that the pandemic also left a overall positive impact on Bitcoin prices, which I am not sure is true but really the price suggests that we are into a bull run nonetheless.

Oceat

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Quote from: BlackFor3st on November 01, 2020, 10:51:20 AM

Everything is possible with bitcoin nowadays. A few years ago it also rose from $ 8000 to $ 17000 in a few weeks / months during this period. It could just be that this will happen again.
In any case, it will be nice months to see what will happen. The upward trend has now started with the price increase.

Yeah I agree with that but always expect the unexpected because any FUD news would stir the price back down to $10k. So far the trend is going bullish perhaps $15k within this year is possible without some market manipulation. And in my opinion also it would pump within this year but I don't know what level it would tend to stop. I'm currently waiting for the price correction to hit though since the market is moving faster than its casual movement then that would be a great opportunity to buyback for the upcoming bull run.

Febo

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Quote from: aioc on November 01, 2020, 06:40:54 AM

Quote from: arwin100 on November 01, 2020, 05:09:41 AM

The acceptance of PayPal is one of the huge reasons on why we can provably see that figure and also I believe the halving effect still happening and also people hasn't forget yet the bull run so provably we can cross to $15,000 or even more. And I will be surprise if we can reach up for the past ATH since for sure next year will became another level with bitcoins since it leave a good track for this year.

It has a minimal effect because only limited countries can use that feature and I read that you cannot send it to other wallet it's like we are only dealing with numbers not transactions on the blockchain, correct me if I'm wrong, there's big news coming hopefully that will give the market a big boost, the momentum is still there because of he halving.

I think Paypal effect is huge. And also I think the effect of Paypal control wast amount of peoples Bitcoin will be hge in upcoming years. They will be able to drastically manipulate Bitcoin exchange market.

BlackFor3st

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Everything is possible with bitcoin nowadays. A few years ago it also rose from $ 8000 to $ 17000 in a few weeks / months during this period. It could just be that this will happen again.
In any case, it will be nice months to see what will happen. The upward trend has now started with the price increase.

XCANA

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Quote from: lkjhg on October 30, 2020, 04:04:02 PM

we will see Bitcoin trying to break the resistance at $ 15000, but indeed it is quite difficult considering the current situation,
the market is very valotile, I think a lot of traps, bull traps or bear traps will be a contest .

True talk mate, there will be a contest with Bitcoin before the breakthrough into the $15k, though this huddles shouldn't be much if everything went well before and after the US election. This event will be that which is likely to determine the true nature of the market, but let be rest assure that, there will be bull-traps among other obstacles before Bitcoin victory. Hopefully we see this altitude in the coming days or months before the end of year 2020.

aioc

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Quote from: arwin100 on November 01, 2020, 05:09:41 AM

The acceptance of PayPal is one of the huge reasons on why we can provably see that figure and also I believe the halving effect still happening and also people hasn't forget yet the bull run so provably we can cross to $15,000 or even more. And I will be surprise if we can reach up for the past ATH since for sure next year will became another level with bitcoins since it leave a good track for this year.

It has a minimal effect because only limited countries can use that feature and I read that you cannot send it to other wallet it's like we are only dealing with numbers not transactions on the blockchain, correct me if I'm wrong, there's big news coming hopefully that will give the market a big boost, the momentum is still there because of he halving.

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