Topic: Three weeks to the year end - what will be the high? - page 3. (Read 891 times)
I remain optimistic and voted for above $20k before the end of 2020. Although we might see the volume as weak, but just today we have broken $19k and at the start of next week, everything might change to the upside. So it we break reach $19,500 resistance and go slice it without any resistance, maybe we have a bit of luck and see the price goes off to $21,500 3rd to last week of December.
As at 0600 (EST) 13 Dec: voting perfectly balanced but the bottom two options are now out of the running. Middle option (up to $19,500) looks as though its days are numbered.
If I could change my vote I think I'd be looking above $20k now, though Bitstamp shows there are still about 750 BTC to get there.
If I could change my vote I think I'd be looking above $20k now, though Bitstamp shows there are still about 750 BTC to get there.
Slowly but sure, the price seems to want to test to break $19k. The price now can increase for a little, and it already breaks $18k. Sooner or later, it will break $19k, and I think it could happen in the next week. The green candle appears at the market, and if it stays for this day, there will be a chance to break $19k tomorrow. But we need to be careful because this will not guarantee that the price still increases, and there is no strong sign for bitcoin to rise. But it is a good time to sell some bitcoin when you buy bitcoin at $17k-$18k.
I think that $19.9K or whatever the official price was might be the high of the year. The market is getting really choppy and many forget that with the holidays coming up there will be less activity. Most will spend time with family, especially with all the crazy things that happened this year.
Agreed, late December is usually characterized by sideways or dumps if you look at the last several years. Given the magnitude of the rally over the past few months, a continued correction (even if only sideways) makes sense. I'm thinking the top is in for the year as well.
The proof in this is news such as Microstrategy buying $500M, another insurance company buys $100M, tether prints, and price fails to rally. It really should be at ATH right now but its not. Also there is lots of deposits into exchanges from miners and large whales.
The exuberant sentiment from Microstrategy and the overall expectation of Wall Street buying us to the moon is honestly making me bearish.
So I think top is in and best case we dip to $15K before ATH again or lower to like $12K before ATH again. Don't see us going below $10K. If we do get to $10K, will buy as much as I can.
$12K would be a gift. I think $10K is off the table for good.
Sunday into Monday trading is going to open higher then Friday close to main markets but Im going to be Debby Downer here and say the weekend rally is not occuring with enough volume to convince me it will hold. Its likely to be a better area to sell for those that were going to do so anyway and I dont know that negativity exists beyond a trade but its there imo and market has to disprove all negatives before it can really rise properly for grander estimates to year end or any larger price objective.
We've risen 4% today but the volume does not pass any of the past 3 days while exceeding their highs it does negate that action and collectively they are far more significant hence I say we repeat. I'll post a chart but in conclusion its just that we are outside the prior trend and rising now is still placing BTC action outside that previous lower trend bar upwards. So we are best neutral but likely into some type of selling, not for certain of course but imo probably we must consolidate.
16k would be the prior base to check if we do not regain the trend on a weekly closing basis.
We've risen 4% today but the volume does not pass any of the past 3 days while exceeding their highs it does negate that action and collectively they are far more significant hence I say we repeat. I'll post a chart but in conclusion its just that we are outside the prior trend and rising now is still placing BTC action outside that previous lower trend bar upwards. So we are best neutral but likely into some type of selling, not for certain of course but imo probably we must consolidate.
16k would be the prior base to check if we do not regain the trend on a weekly closing basis.
My vote goes to $18,500-$19,000.
I don't expect any significant movement until the end of the year. In less than 10 days almost all business will go into Christmas/NY vacation and people will prefer to spend some family time instead of speculating with crypto.
Frankly speaking, my vote will be peg on $18.8k and not the $19k, we are not going to see Bitcoin price at $19k due to Christmas and new year celebration, this time, investors will like to take profit for the celebration which will have a huge impact on the general market, so, we should not be waiting for something huge in Bitcoin price before the year end. I don't expect any significant movement until the end of the year. In less than 10 days almost all business will go into Christmas/NY vacation and people will prefer to spend some family time instead of speculating with crypto.
I think it would be around $18-19K before this year ends.
But I do hope that it could be above $20K to set a new ATH and maintain it above $18K+.
Am also in support of the $18k to $19k price point before the year end but this will be determine by the sellers whom might have wire interest on $19k. For anyone to say the year 2020 will end with a high price of $20k maybe that won't be realizable as the market might experience a correction at $19.7k again, so, we should look forward for $18k to $19k. But I do hope that it could be above $20K to set a new ATH and maintain it above $18K+.
I believe we are not going to see a new all time high this year, it is going to take a bit while before we do that again. Obviously we are not going to crash and become under $13-14k level neither, at least I hope we don't do that, but at the end of the day we are talking about bitcoin here and it doesn't move the way you expect it to do most of the time. It means any of us here could be right or could be wrong and we won't know about it until it happens.
My understanding is that bitcoin already had a huge increase and in order for it to go up a bit more we need to first make sure the rich people who accumulate bitcoin and suddenly start an increase already sold a bit of their coins and they need to recover and get more, and that will take some time since they can't do that all at once without disturbing the market.
My understanding is that bitcoin already had a huge increase and in order for it to go up a bit more we need to first make sure the rich people who accumulate bitcoin and suddenly start an increase already sold a bit of their coins and they need to recover and get more, and that will take some time since they can't do that all at once without disturbing the market.
Basing off those numbers which are really just close enough to each other which you can really see the poll results which are
almost evenly the same where people do presume out that we would really be staying with these levels before this year ends.
Above 20k is less likely if we do base up on how many times the market had rejected out that level.
There might be some tendencies that we will be moving in last 2 weeks left for this year.Lets wait and see!
The highest and the lowest prediction are tie, 7-7 per poll result.
I voted for the lowest prediction because I don't think there will be an ATH this year, the movement of bitcoin seems bearish already, and if we are really into a new ATH this year, it could have achieved when bitcoin price was close to $20,000 which it failed.
So I don't expect much but I could be wrong of course.
I voted for the lowest prediction because I don't think there will be an ATH this year, the movement of bitcoin seems bearish already, and if we are really into a new ATH this year, it could have achieved when bitcoin price was close to $20,000 which it failed.
So I don't expect much but I could be wrong of course.
Two days in and price has climbed above $18,500. The four of us who voted for a high in the 18.5-19 range are currently looking good.
Volume looks low but I'm slightly surprised to see we've had about 24 hours of a pretty steady increase.
Overall the voting is slightly on the bullish side but only just.
Volume looks low but I'm slightly surprised to see we've had about 24 hours of a pretty steady increase.
Overall the voting is slightly on the bullish side but only just.
I voted for $20k and above, I still have the gut feeling, based on previous December year-end, that we have somewhat had a good chance to a sudden spike just before Christmas or right after New Year. And with the bullish sentiments and the greed index still very high, I 'm seeing $20k-$21k tops at the end of the year.
Nice confidence lol,But i'm sure you are completely ready if things go other side,TheBuy/Sell order is waiting just a single click 
I will decide this coming week if what to do,will assess the and make a conclusion if will still Keep till near year end,or will directly out and enjoy the December with my family away from the Stress of Market
The price of bitcoin will experience a correction, but the trend in magnitude is still strengthening.
and in my opinion the price of bitcoin will only go down a little then go up again which in my opinion is still in a good price state.
And I think the price of bitcoin has hit a high this year reaching over $ 19,900 and it seems like an all-time high, it looks like the end or beginning of the year bitcoin will hit $ 20,000 and that's very easy because the price is almost close to that price.
and in my opinion the price of bitcoin will only go down a little then go up again which in my opinion is still in a good price state.
And I think the price of bitcoin has hit a high this year reaching over $ 19,900 and it seems like an all-time high, it looks like the end or beginning of the year bitcoin will hit $ 20,000 and that's very easy because the price is almost close to that price.
19 days left to the end of the year, seems there is a battle in the market to save bitcoin by sold a big amount of xrp and switched it to pumping bitcoin and some huge whale trial to dump it on critical levels trying to prevent natural recovery. However, bitcoin seems to regain its strength to stay above $18,3k and hopefully close the day above $18,5k.
Bitcoin still has a chance to break $20k before the end of the year, as the cycle of dump and pump shows some different patterns and create new support levels.
Bitcoin still has a chance to break $20k before the end of the year, as the cycle of dump and pump shows some different patterns and create new support levels.
I voted for $20k and above, I still have the gut feeling, based on previous December year-end, that we have somewhat had a good chance to a sudden spike just before Christmas or right after New Year. And with the bullish sentiments and the greed index still very high, I 'm seeing $20k-$21k tops at the end of the year.
I think that $19.9K or whatever the official price was might be the high of the year. The market is getting really choppy and many forget that with the holidays coming up there will be less activity. Most will spend time with family, especially with all the crazy things that happened this year.
Well that is one sentiment that must understand ,it is not only people are withdrawing their money to use in Holiday also traders are in vacation so market won't move that high.Quote
The proof in this is news such as Microstrategy buying $500M, another insurance company buys $100M, tether prints, and price fails to rally. It really should be at ATH right now but its not. Also there is lots of deposits into exchanges from miners and large whales.
Because altcoins is also moving like ETH and XRP in which big portion that should be invested in Bitcoin for the price will continue uptrend.Quote
So I think top is in and best case we dip to $15K before ATH again or lower to like $12K before ATH again. Don't see us going below $10K. If we do get to $10K, will buy as much as I can.
And that is what Whales wanted the price to drop that hard again so they will bag another amount to their holding and the majority of Bitcoin will be in their position.
We already hit the highest price for this year, which is at $19k a few weeks ago. I don't think that bitcoin will hit another highest price again at the end of the year. But that could happen before or after Christmas or in the coming of the new year. With what happens after the new highest price in a while ago, bitcoin price moves become more unpredicted and it seems the price is not going anywhere and only stay at $18k. Maybe we will see a surprise after the new year, and hopefully, that means the price will start to rally and break $19k again. It will make many more predictions about the bitcoin price, but we don't know the right things about the price.
I think that $19.9K or whatever the official price was might be the high of the year. The market is getting really choppy and many forget that with the holidays coming up there will be less activity. Most will spend time with family, especially with all the crazy things that happened this year.
The proof in this is news such as Microstrategy buying $500M, another insurance company buys $100M, tether prints, and price fails to rally. It really should be at ATH right now but its not. Also there is lots of deposits into exchanges from miners and large whales.
So I think top is in and best case we dip to $15K before ATH again or lower to like $12K before ATH again. Don't see us going below $10K. If we do get to $10K, will buy as much as I can.
The proof in this is news such as Microstrategy buying $500M, another insurance company buys $100M, tether prints, and price fails to rally. It really should be at ATH right now but its not. Also there is lots of deposits into exchanges from miners and large whales.
So I think top is in and best case we dip to $15K before ATH again or lower to like $12K before ATH again. Don't see us going below $10K. If we do get to $10K, will buy as much as I can.
I will lay down my cards now,and i think this 18,500 wil be our ending value because if Bitcoin really has the capacity this year to add the price of last ATH the Run last month is more than enough to make it but why not?
Why seems there is a Barrier even how good the 2020 gives for the community and market,many big investors even institutional are now inside.
and the gambling community also gaining support from incoming new players yet here we are.
Just be cautious and alert ,check the movement always then decide before year ends.
Why seems there is a Barrier even how good the 2020 gives for the community and market,many big investors even institutional are now inside.
and the gambling community also gaining support from incoming new players yet here we are.
Just be cautious and alert ,check the movement always then decide before year ends.
On the weekly time frame bitcoin price has given an indication that the price will fall (I'll predict that the current weekly candle will be formed as a red candle). So as there will be a correction first before its price pass the $20.000 and seem like it will happen in the next year. But yeah I just frustrating to see the current price movement, usually if the correction comes it will happen quickly, but now it happens very slowly, even when I see a bearish engulfing candle on a small time frame, quickly on the next candle forming a bullish engulfing candle, and it is very dangerous for scalper traders. And I'll predict bitcoin price at the end of this year will be on the $15.000-$16.000 barrier.
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