Is bitcoin cross $15k in end of 2020 - page 3.

arwin100

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Quote from: yhiaali3 on October 31, 2020, 11:22:56 PM

Bitcoin almost touched the 14,000$ area yesterday, but it bounced back a bit. If Bitcoin crossed the 14,000$ threshold and stabilized for some time, it could rise to 15,000$ at the end of the year.
Of course, Paypal's acceptance of bitcoin in its dealings had a significant impact on the rise in the price of bitcoin, but the analysis cannot be based on this thing alone, there are many things that affect the price, and bad news can happen from here until the end of the year, leading to a decrease in the price of bitcoin.
Anyway, we hope that happens. Let's wait and see.

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.

Emitdama

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$15K is something we should not even worry about, it is something that will happen without a doubt and I believe it will be before 2020 as well but if not it will be a little later than that yet it will happen anyway. I know price of bitcoin has gone up so much and I know that the old saying is "buy low, sell high" and that is why buying right now when the price is high is not a good idea according to many people.

However I believe this increase is just the start, with the November and December months we are going to actually see price going above $15k and even see $20k+ prices as well, which is why I believe buying bitcoin right now is not a bad idea. Do not go all in with all of your money in bitcoin, because it may reverse, but if you could go in a bit it would be profitable for you in the long run.

acener

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Bitcoin just cross $14K in less than 2 weeks after breaking $13K so I guess it is possible and we don't even need to wait that long for it to cross $15K if things would continue to go.
But right now it is back on $13,800 so maybe the same thing could happen after reaching $15K it would go back to $14K.

yhiaali3

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Bitcoin almost touched the 14,000$ area yesterday, but it bounced back a bit. If Bitcoin crossed the 14,000$ threshold and stabilized for some time, it could rise to 15,000$ at the end of the year.
Of course, Paypal's acceptance of bitcoin in its dealings had a significant impact on the rise in the price of bitcoin, but the analysis cannot be based on this thing alone, there are many things that affect the price, and bad news can happen from here until the end of the year, leading to a decrease in the price of bitcoin.
Anyway, we hope that happens. Let's wait and see.

bitbunnny

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Quote from: sarmrakib on October 31, 2020, 09:25:57 AM

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

Its already got a huge bull run and kissed the 14k$ in several times .Its a great chance to reach the 15k$ at the end of this year .Its really true that the Paypal news has made the changes of the trend strongly bow its going through it .However its a great chance in upcoming year as well to get the new ATH level .

I wouldn't agree, we haven't seen any huge bull run and although the price is rising it's quite moderate and it's hard to tell for how long is this going to last
15000$ is possible but I don't think this will happen by the end of this year. To my opinion another correction is possible and price might pull back below 12000$.

sarmrakib

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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

Its already got a huge bull run and kissed the 14k$ in several times .Its a great chance to reach the 15k$ at the end of this year .Its really true that the Paypal news has made the changes of the trend strongly bow its going through it .However its a great chance in upcoming year as well to get the new ATH level .

traderethereum

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If the price can increase step by step, we will see bitcoin price will touch $15k, and maybe that will happen before the end of this year.
But we need to be careful of the volatility of the price that will always happen. Besides that, we need to be ready if the dump can come anytime.
We need to wait for a while because the price is still trying to break $14k.

In this position, I think we need to analyze more to find what we need to do because it seems the price is unpredicted where it will go.
Don't forget to make a backup plan or strategy if the market turns in a direction that we don't know to adjust our strategy to the current situations at the market.

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Quote from: Kong Hey Pakboy on October 31, 2020, 07:00:45 AM

There is a chance that bitcoin will reach its $15,000 price before or after this year of 2020 because bitcoin's price is now in a range of $13,893, so it's now close enough for bitcoin's price to reach $14K-$15k. There is also a possibility that bitcoin's price will fall again after it touches $14K because some will definitely sell some of their bitcoin holdings, then bitcoin will pump up its value too, either it will stay in a range of $14,000+ price or not.

At this point it's not a question of if but when. We've just established a new yearly high today, so the uptrend is very strong. With 14k broken there's really nothing between 14 and 15 k that could be a resistance. The only thing that could stop us from going above 15 k in the next 2 weeks is a big and unexpected whale dump. We're in uncharted waters now, as anything close to a resistance at this point is at 17k.

Kong Hey Pakboy

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There is a chance that bitcoin will reach its $15,000 price before or after this year of 2020 because bitcoin's price is now in a range of $13,893, so it's now close enough for bitcoin's price to reach $14K-$15k. There is also a possibility that bitcoin's price will fall again after it touches $14K because some will definitely sell some of their bitcoin holdings, then bitcoin will pump up its value too, either it will stay in a range of $14,000+ price or not.

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Quote from: reliable on October 31, 2020, 05:48:29 AM

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 .

With current scenario it is at present 13500$ so anything if it can cross 14 price level then I am hoping it can soon touch 15k as well. But first is that will it cross 14 k or before that we may see some correction happening as some profit booking might happen before festival seasons. So let’s see but hoping to see it 15k by year end.

As said, there'll be some price fluctuation for some time before crossing big barriers. It took long time to explore reach $13000, before reaching the market it was into fluctuation between limited price. Maybe the same pattern of market movement can happen before reaching $14000. Anyhow the market is in good phase to grow, so there is maximum chances of $15000 by the end of Dec 2020.

reliable

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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 .

With current scenario it is at present 13500$ so anything if it can cross 14 price level then I am hoping it can soon touch 15k as well. But first is that will it cross 14 k or before that we may see some correction happening as some profit booking might happen before festival seasons. So let’s see but hoping to see it 15k by year end.

tbterryboy

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I doubt that we are ever going to have anything like that 2017 increase but 2020 has been great for crypto. Not because our real lives outside is doing any better because pandemic is still going on and unfortunately governments did the lockdown thing and it worked yet stopped for some reason, so now everyone is out there because "economy must continue" and getting sick again, we are having huge spikes of death numbers once again.

So, I believe outside world will not get better. However this caused a ton of digital and technological improvements in crypto world, higher adoption, paypal, defi, and many other things that made tons of profit in the crypto world and that is why I think 2020 has been incredible so far. From 3.6k bottom of the year to 13.8k of the peak, it is incredible how amazing we have gone up in a bad financial year for almost everything else.

palle11

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Quote from: pealr12 on October 28, 2020, 01:03:14 PM

When everyone see that btc is pumping they will say bitcoin will cross $15k soon. One reason why btc pumps is due to paypals acceptance of cryptocurrency on thier platform. But for me bitcoin will be heading up to $20k by the end of the year.

You have done the same thing by your prediction of $20k by the end of the year lol Grin

But the reason for those prediction is that bitcoin is getting positive news and positivity is a good sign for increase. As bitcoin is now accepted in palpay platform, it means that more of the people who are using palpay also will include bitcoin use. Buying of bitcoin will also increase with this and demand will increase, certain for price to fly up soon.

cryptomaniac_xxx

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^ Yes, it's could a hype event, because we haven't seen $15k for a long time and closing at that price at the end of the year? Definitely, everyone will get excited about it. Pretty sure that everyone will appreciate your graph, yes it could be perfect, we all know, but at least we have something to glance upon or look back when we hit $15k or more. I myself have predicted that starting October will be big for us, it's just a matter on what price bitcoin will end in 2020.

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Many people would consider 15k a hype event, its not a ATH but it does mean 2020 despite an avalanche of negatives somehow turned out a higher price then 2019 managed and then built on it. I thought people might appreciate this chart trend I drew unintentionally it matches up with the 2017 high and appears as we have just beaten this negative trend or mindset in play since that time. I didnt mean to draw it that way, I was zoomed in but on the large weekly bars there it nearly touches both events both near and 3 years ago. ie. we could rise alot if the graph reflects the market in bias, etc.

lienfaye

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There's a high possibility that we can reach $15k value by the end of this year.

If the price only experience minor correction and still increasing after that then we can expect a good price. This might be due to the recent paypal news that affect the price of bitcoin, we know if there's a good news circulating it has an impact to the market.

Anyways we still have two months before this year end and during that period there are many things that can still happen so lets manage our expectation.

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Quote from: Distinctin on October 30, 2020, 05:33:07 PM

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 .

Feels the traps are just normal a reason why we should be careful in dealing with those people promoting investment. That volatility had never changed since from the very start, we've seen the current momentum is really good but that not be confidently it stays like that until the end of this year. $15k is almost at reach, we say that 100% we can achieve it but if we think about how the trend moving, there is a huge possibility that it will be reached.

Yeah, its just normal to see those traps, falling knives etc, that's part of the market ecosystem. Others take advantage of it, while some just take a back seat and see how it goes. Well, we can see it happen this year, when the price goes down to $3k, there are a lot of traps along the way, but in the end, bitcoin just manages to overcome it, and now going to at least $15k at the end of this year.

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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 .

Feels the traps are just normal a reason why we should be careful in dealing with those people promoting investment. That volatility had never changed since from the very start, we've seen the current momentum is really good but that not be confidently it stays like that until the end of this year. $15k is almost at reach, we say that 100% we can achieve it but if we think about how the trend moving, there is a huge possibility that it will be reached.

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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 .

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Quote from: supine on October 30, 2020, 04:01:00 AM

It could but we couldn't be so sure about it since the price could also drop down as we have seen so many times before.
It has stayed now on $13K who knows what would happen next it could go down again in $12K or move up to $14K nobody could guaranty that it would only climb up.

Yes, we won't be able to guess exact price but i think bitcoin has enough time to reach this goal. If bitcoin starts to rise then 1 month is a lot of time where still it have 2 months.

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