Three weeks to the year end - what will be the high?

jostorres

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The voters basically represent my feeling as well Cheesy

. Every option is quite close to each other; when you look differences to the closest everyone is quite close to each other. Hence I think it is fair to say people are undecided about it.

We see increases now, we see a drop later, we see another increase later, this happened multiple times already. I don't know what to say anymore nor I do not know what to expect neither because it is doing not so well at the moment. I am definitely expecting another increase, going above 25k this year would be awesome way to end the year, but I am not sure anymore.

OasisDre

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Quote from: masterzino on December 10, 2020, 10:57:35 AM

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.

Things might be different thing time around mate, it's already 4 days to Christmas and bitcoin is still very bullish than never, presently there is ongoing correction and there is no sign of going down on bitcoin chart, the way I see things bitcoin will surge higher into 2021

sapnu

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Due to the history of bitoin last 2018, it is expected that many will still doubt bitcoin's all time high. Some will say it will start dumping again next year yet there are still people who will say that it will keep on rising as time passes by. In my own experience, when bitcoin suddenly rises last 2018, I made sure that I am fully aware of the things that might happen. There will always be a risk of having bitcoin dumping so in our current time's case, if you want your investment to stay safe, make sure you analyze the market each day. It will be worth it instead of just simply predicting.

kapalmabur

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many choose above $ 20k, and it is true, friends' predictions here are very precise,
because the Bitcoin price is already above $ 20k, whether this bullish will continue or will experience a correction first,
because usually after ATH is reached, the price of Bitcoin goes huge correction.

el kaka22

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We are not finished yet, be ready for anything that could happen. Obviously it is above previous ATH right now but we are not done with the year yet, so it could go down before the year ends. However at least we have the answer to the question what will be the peak of 2020? And that is near $23k for now, it will be even higher in near future as well if it keeps up going like this.

I can't believe people are really this interested with bitcoin once again, there was more people but there wasn't this much buy in a long time, with wall street type of companies coming into the market things changed incredibly. You will see that in a month we will read a news about today where some huge company bought over a billion dollars worth of bitcoin, which will turn out to be the real reason.

Janation

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Quote from: tertius993 on December 16, 2020, 05:21:07 AM

Quote from: Janation on December 16, 2020, 04:58:23 AM

I don't actually know.

There's been some changes that I don't know if I should say or predict that it would increase or not. All I can say is that it might increase but I don't think that it would reach more than $18K. Price might reach a price closer to $20K but I don't think it will last to ever reach a new ATH. Maybe $15K to $16K at the end of this year.

Err ... you might want to look again ... we are right now at $19,700 and have been above 18k for days ...

Yeah, I know.

But what I'm talking about is what would be the price at the end of the year which I think would happen and then seeing the price right now is just amazing. It is still sticking at $22K going back and forth at $23K. Bitcoin just proved that I am wrong and I don't think this price will fall at the end of this year, maybe next year?

dunfida

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Quote from: ?? on ??

Quote from: Maslate on December 16, 2020, 06:11:49 PM

Quote from: Baofeng on December 16, 2020, 04:12:45 PM

Quote from: ?? on ??

Quote from: tertius993 on December 16, 2020, 10:11:56 AM

I have locked the poll - congrats to the 13 people who correctly forecast a high above $20k.

The question has to be where next? $21 or 22,000 look to be in reach in the fairly short term.

I'm guessing it would touch $21k soon if you look at the price it's just a matter of time before it would break another ATH this time. The tension and trend of Bitcoin is circulating all over in the social medias. With such a big gains this time there's a correction coming soon and it might back to $18k or $19k again if the support is strong enough but if it would break another resistance level then I don't know where it would stop.

Or even more mate, the resistance of $20,500 was slice already and moving towards $21k right now. And yet we are still in the second week and a lot of things can happen before the end of the year. If this run will continue maybe $22k-$23k is not that far. When we have this kind of runs, it's really difficult to say what will be the top, as I have said previously, currently no ceiling for bitcoin before the end of this year.

I was wrong when I thought that bitcoin will not hit $20,000 but as I wake up this morning, I was surprise that we are already trading at $21,000+.
Happy are those who have made this far and bought when the price dip last 2018 or 2019, so this should give them a good holiday season.

Well, look at that it just past $21k and hit $23k instead but I wonder if this is the highest price Bitcoin could ever reach as a new ATH? It seems like it's starting to drop fast as I am writing this, it seems that the FOMO just stopped. I think we won't be seeing the price like this next year because it feels like this one is going to be the last just like what happened in 2017. Huh

Possible but lets see on how thing goes because if we do base up on the level of adoption compared to 2017 then you can presume out that this wont really be ending up like what we had saw
in 2017.Yes, it dropped so fast in a short span of time but it is trying to cling up again as of this time of writing.Talking about the high for this year then no one knows yet we are just 2 weeks
left before this month or year ends which means there still some space to see new numbers but im not really that too prefer on seeing too much price increase because
we know on what would happen on the opposite thing.

cytpoway121

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Bbitcoin is growing at such a great speed and accuracy that i think $25k - $27k would be a high end year for bitcoin. Bitcoin has soared in prices to 23,000$ is just 24 hours and it seems to continue because there are new influx of funds, investors in the market. The hardcore bitcoin hodlers will be milking their profits at the moment. This is a lesson to take that buying the dips is always rewarding.

tertius993

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Quote from: tertius993 on December 16, 2020, 10:11:56 AM

The question has to be where next? $21 or 22,000 look to be in reach in the fairly short term.

That at least proved to be correct though I must confess I didn’t expect them on the same day!

STT

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Quote

27% voted for $ 20k

Congratulations to those guessing correctly and even better if you made a trade, I should have come back and seen this low percentage of hype and taken this as a sign we could well achieve what was not overly hoped for. Ideally we rise on a continual worry we will sell, when people just expect more gains then it can be over as all the hype and positive people are already involved and it draws no further buyers in hence an ironic situation that leads to a top price and then reversal etc.

I voted lower because there is plenty of opportunity for us to halt but the momentum is certainly with this wave repeating of buying of BTC. I need to guess the waves better, it hasnt been just straight up it has gone back and forth and so ideally I spot these chances we are given to hop on board and trade.

Yamifoud

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Quote from: tertius993 on December 16, 2020, 10:11:56 AM

...
The question has to be where next? $21 or 22,000 look to be in reach in the fairly short term.

Expect the unexpected scenario. I was not able to vote at $20k because I'm so bad thinking that it sinks after hitting its ATH but somehow the trend twisted and it continuously soared high. And from that case, I don't want to close the door but keeping it open that $21k-$22k is also possible or even higher from that range. I overlooked that volatility feature, though.

Maslate

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Quote from: Baofeng on December 16, 2020, 04:12:45 PM

Quote from: ?? on ??

Quote from: tertius993 on December 16, 2020, 10:11:56 AM

I have locked the poll - congrats to the 13 people who correctly forecast a high above $20k.

The question has to be where next? $21 or 22,000 look to be in reach in the fairly short term.

I'm guessing it would touch $21k soon if you look at the price it's just a matter of time before it would break another ATH this time. The tension and trend of Bitcoin is circulating all over in the social medias. With such a big gains this time there's a correction coming soon and it might back to $18k or $19k again if the support is strong enough but if it would break another resistance level then I don't know where it would stop.

Or even more mate, the resistance of $20,500 was slice already and moving towards $21k right now. And yet we are still in the second week and a lot of things can happen before the end of the year. If this run will continue maybe $22k-$23k is not that far. When we have this kind of runs, it's really difficult to say what will be the top, as I have said previously, currently no ceiling for bitcoin before the end of this year.

I was wrong when I thought that bitcoin will not hit $20,000 but as I wake up this morning, I was surprise that we are already trading at $21,000+.
Happy are those who have made this far and bought when the price dip last 2018 or 2019, so this should give them a good holiday season.

Baofeng

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Quote from: ?? on ??

Quote from: tertius993 on December 16, 2020, 10:11:56 AM

I have locked the poll - congrats to the 13 people who correctly forecast a high above $20k.

The question has to be where next? $21 or 22,000 look to be in reach in the fairly short term.

I'm guessing it would touch $21k soon if you look at the price it's just a matter of time before it would break another ATH this time. The tension and trend of Bitcoin is circulating all over in the social medias. With such a big gains this time there's a correction coming soon and it might back to $18k or $19k again if the support is strong enough but if it would break another resistance level then I don't know where it would stop.

Or even more mate, the resistance of $20,500 was slice already and moving towards $21k right now. And yet we are still in the second week and a lot of things can happen before the end of the year. If this run will continue maybe $22k-$23k is not that far. When we have this kind of runs, it's really difficult to say what will be the top, as I have said previously, currently no ceiling for bitcoin before the end of this year.

tertius993

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I have locked the poll - congrats to the 13 people who correctly forecast a high above $20k.

The question has to be where next? $21 or 22,000 look to be in reach in the fairly short term.

bitzizzix

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Quote from: arwin100 on December 16, 2020, 08:03:13 AM

Quote from: bitzizzix on December 16, 2020, 07:30:25 AM

$ 19,500- $ 20,000 which I chose at the end of the year and at the beginning of the year, and bitcoin price is currently over $ 19,700 and it only takes another $ 300 to get there which I think is very easy.
Even if there is a correction or decline in my opinion the price will remain or tend to be $ 19,000, and only my prediction is not necessarily correct, and I have to remain vigilant because bitcoin prices can suddenly reverse.

We are few jump ahead to reach the another historical record and might we can see those reached maybe tomorrow or in upcoming days, we are now at $19,743 which is lacking for $257 so that the $20,000 projected price will be reached and If that figures will be gotten by this year provably we can see more good shape next year.

Yes, in my opinion it is also like that because the current bitcoin price is still showing good value and there is a possibility that it will continue to rise slowly.
But usually before the Christmas and New Year celebrations, usually many people sell them for Christmas and New Year needs and that will also affect the movement of bitcoin.

Snow-munki

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Quote from: Hippocrypto on December 16, 2020, 08:08:30 AM

Quote from: Janation on December 16, 2020, 04:58:23 AM

I don't actually know.

There's been some changes that I don't know if I should say or predict that it would increase or not. All I can say is that it might increase but I don't think that it would reach more than $18K. Price might reach a price closer to $20K but I don't think it will last to ever reach a new ATH. Maybe $15K to $16K at the end of this year.

Based on the poll, most people speculated $19k or $20k until it goes beyond the maximum reachable value. We shouldn't be over confident since market isn't stable yet, don't rush on bigger investments. Always prioritize your holdings, keep up a long term timeline before the price established a sustainable value then you'll decide selling in order to take your profit.

Agreed, difficult to know when to sell and take profits. I’m expecting once it reaches $20k it will rise slightly then there will be a dump as lots of others also take profit.

Hippocrypto

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Quote from: Janation on December 16, 2020, 04:58:23 AM

I don't actually know.

There's been some changes that I don't know if I should say or predict that it would increase or not. All I can say is that it might increase but I don't think that it would reach more than $18K. Price might reach a price closer to $20K but I don't think it will last to ever reach a new ATH. Maybe $15K to $16K at the end of this year.

Based on the poll, most people speculated $19k or $20k until it goes beyond the maximum reachable value. We shouldn't be over confident since market isn't stable yet, don't rush on bigger investments. Always prioritize your holdings, keep up a long term timeline before the price established a sustainable value then you'll decide selling in order to take your profit.

arwin100

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Quote from: bitzizzix on December 16, 2020, 07:30:25 AM

$ 19,500- $ 20,000 which I chose at the end of the year and at the beginning of the year, and bitcoin price is currently over $ 19,700 and it only takes another $ 300 to get there which I think is very easy.
Even if there is a correction or decline in my opinion the price will remain or tend to be $ 19,000, and only my prediction is not necessarily correct, and I have to remain vigilant because bitcoin prices can suddenly reverse.

We are few jump ahead to reach the another historical record and might we can see those reached maybe tomorrow or in upcoming days, we are now at $19,743 which is lacking for $257 so that the $20,000 projected price will be reached and If that figures will be gotten by this year provably we can see more good shape next year.

bitzizzix

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$ 19,500- $ 20,000 which I chose at the end of the year and at the beginning of the year, and bitcoin price is currently over $ 19,700 and it only takes another $ 300 to get there which I think is very easy.
Even if there is a correction or decline in my opinion the price will remain or tend to be $ 19,000, and only my prediction is not necessarily correct, and I have to remain vigilant because bitcoin prices can suddenly reverse.

Question123

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At this moment it's hard to predict of how much the cost per bitcoin before end of the 2020. There is a lot of possible to happen in just 2 weeks is either will go 20k dollars or not but Im not expecting to thay price so it will not hurt but if it's going to reach that value it is better because we get more profit.

I think the most accurate to happen is the 19k dollars because we knew it's already hit this value and it will maintain it.

hulla

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The price and the momentum of the Bitcoin market this year (during the total lockdown till now) is not disappointing but a lot of investors expected a great surge in price from the market because of some institutions that join Bitcoin investment, this blind them from seeing the positivity of the market.
Having said that, if no ATH price is achieved this week i will predict the market to dump to between $15K-$17K price.

tertius993

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Quote from: Janation on December 16, 2020, 04:58:23 AM

I don't actually know.

There's been some changes that I don't know if I should say or predict that it would increase or not. All I can say is that it might increase but I don't think that it would reach more than $18K. Price might reach a price closer to $20K but I don't think it will last to ever reach a new ATH. Maybe $15K to $16K at the end of this year.

Err ... you might want to look again ... we are right now at $19,700 and have been above 18k for days ...

Janation

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I don't actually know.

There's been some changes that I don't know if I should say or predict that it would increase or not. All I can say is that it might increase but I don't think that it would reach more than $18K. Price might reach a price closer to $20K but I don't think it will last to ever reach a new ATH. Maybe $15K to $16K at the end of this year.

Maslate

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Quote from: tertius993 on December 16, 2020, 03:34:39 AM

Quote from: Hypnosis00 on December 15, 2020, 06:00:28 PM

$18,500-$19,000

I feel a market correction in the coming days, not probably dumps straight but it goes down slowly.
I'm not sure if we still have the same scenario just like in the past years where the corrections start after the Christmas season where people sell their coins just to spend during the holiday season (Christmas Eve and New Year's Eve). This could possible affect the trend and will change the current momentum.

Hmm, no point voting for $18,500-19,000 when its already been surpassed - remember the poll is about what will the high be in the last three weeks of the year, not what will be the price at the end of the year.

At this point the "correct" option can only be $19,500-20,000 (11 votes) or over $20k (also 11 votes).

If bitcoin will hit $20k this year, it will end up over $20k as definitely the FOMO will be huge after that.
I have voted already in the pool, my vote was less than $18500, therefore I was wrong because we always surpass the ATH already if I'm not mistaken.

tertius993

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Quote from: Hypnosis00 on December 15, 2020, 06:00:28 PM

$18,500-$19,000

I feel a market correction in the coming days, not probably dumps straight but it goes down slowly.
I'm not sure if we still have the same scenario just like in the past years where the corrections start after the Christmas season where people sell their coins just to spend during the holiday season (Christmas Eve and New Year's Eve). This could possible affect the trend and will change the current momentum.

Hmm, no point voting for $18,500-19,000 when its already been surpassed - remember the poll is about what will the high be in the last three weeks of the year, not what will be the price at the end of the year.

At this point the "correct" option can only be $19,500-20,000 (11 votes) or over $20k (also 11 votes).

Fredomago

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Quote from: Maxre on December 15, 2020, 09:43:05 PM

I think it will be around $ 19,500- $ 20,000.
the reason I chose this number is because we've already hit $ 19,900 in a year that was so tough with the pandemic that it is an excuse to end an extraordinary year for bitcoin to move on to surpass the ATH that happened in 2017.
The current market is strong enough to welcome the new ATH in 2021

Same vote for me, since it's only few days left and Bitcoin price still residing within that range or it's falling a little but seems that there are still supporters and investors that are avoiding the value to go more deeper, last week it's trying to breakdown as it reached below 18K but a week after we again enjoying more than 19K.

More pressure to try hitting the last time high or more close to that range before ending this year, and preparing for more
coming 2021. Let's hope for the best.

Maxre

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I think it will be around $ 19,500- $ 20,000.
the reason I chose this number is because we've already hit $ 19,900 in a year that was so tough with the pandemic that it is an excuse to end an extraordinary year for bitcoin to move on to surpass the ATH that happened in 2017.
The current market is strong enough to welcome the new ATH in 2021

Zemomtum

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I am of the opinion that we might have a new all-time high and I am eying a price of 25K BTC before the closure of this year. That will definitely be an exciting rise for the year 2021.

Hypnosis00

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$18,500-$19,000

I feel a market correction in the coming days, not probably dumps straight but it goes down slowly.
I'm not sure if we still have the same scenario just like in the past years where the corrections start after the Christmas season where people sell their coins just to spend during the holiday season (Christmas Eve and New Year's Eve). This could possible affect the trend and will change the current momentum.

carlfebz2

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Quote from: blckhawk on December 15, 2020, 07:12:57 AM

$19,500-$20,000 for me.
The resistance is quite strong, in fact, I think it's been 3rd time we reach the $19k USD mark but it is still not going beyond it. Currently, the price is hovering around $19200, showing no movement and I think it will stay for a couple of days. However, 3 weeks was still a long time, and there's could be some surge happens, who knows, no one exactly what will be the next move anyway. But one thing for sure, if it breaks the $20k USD mark which I think probably will occur next year, the run will take up again.

Only 2 weeks left and we are only $600 far away with 20k price but doesnt mean that we would really be breaking that level anytime soon.Lets see if this time around on breaking the ath
will be successful or would be just like into those previous tries where it failed and make some correction.

We are currently on the sideways movement at the moment and talking about the next move? No one really knows because price movement is always been unpredictable.

20k might be break out on year 2021 or on next.Its always been a question for all of us and talking about new high then you cant really tell but we can presume.

blckhawk

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$19,500-$20,000 for me.
The resistance is quite strong, in fact, I think it's been 3rd time we reach the $19k USD mark but it is still not going beyond it. Currently, the price is hovering around $19200, showing no movement and I think it will stay for a couple of days. However, 3 weeks was still a long time, and there's could be some surge happens, who knows, no one exactly what will be the next move anyway. But one thing for sure, if it breaks the $20k USD mark which I think probably will occur next year, the run will take up again.

peter0425

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Quote from: pooya87 on December 15, 2020, 12:11:38 AM

Quote from: jostorres on December 13, 2020, 01:31:25 PM

We need a clean up and we need it big time. There are tons of sellers who want to get out of market by selling at above $19k, there are so many bitcoins sold as soon as we reach these prices, there is a huge wall and everyone wants to get a piece of that prize and get out when they can at these prices and people do not realize how much they are hurting the price because they just want to get out at the top.

Actually because we have seen $19k range for some time now and there has been a couple of sell offs so far, I don't think there is anybody left with plans to sell in "$19k range" anymore. For now there are more people who want to sell above $20k which is what I believe will be the next volatility, after the $20k is broken there will probably be another panic sell to bring it back down again before it goes up for good.

Action that i am waiting ,if the sell off happens after breaking the $20,000 meaning we are in the new market position and the effect of real investors will takeover the market,that will surely bring positive impact .

We have been waiting for this value since the middle of November and until now the waiting game is happening.

But yeah those Buy High sell High must be contented for the market to be on the right track again and not purely speculative.

tertius993

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Two days left on the poll and the bottom three options have gone - only the top two are still in play.

Unsurprisingly, with this upward push the voting has become steadily more bullish ... would be great to see >$20k this year, but I think the continuing sell pressure is going to hold it down until the New Year. (Note this is not advice and I am utterly hopeless at predicting price movements ...)

pooya87

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Quote from: jostorres on December 13, 2020, 01:31:25 PM

We need a clean up and we need it big time. There are tons of sellers who want to get out of market by selling at above $19k, there are so many bitcoins sold as soon as we reach these prices, there is a huge wall and everyone wants to get a piece of that prize and get out when they can at these prices and people do not realize how much they are hurting the price because they just want to get out at the top.

Actually because we have seen $19k range for some time now and there has been a couple of sell offs so far, I don't think there is anybody left with plans to sell in "$19k range" anymore. For now there are more people who want to sell above $20k which is what I believe will be the next volatility, after the $20k is broken there will probably be another panic sell to bring it back down again before it goes up for good.

Wysi

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Quote from: robelneo on December 13, 2020, 07:08:47 AM

I want to end the year full of optimism and I want to start now so I voted $19,500-$20,000 even if the price is not looking good I'm hoping for another all-time high, it's possible we never know the market is very volatile you never know what's coming up the next day, this is the time that the market has a lot of surprises, it has become unpredictable, just this year it has a lot of surprises.

This year has been surprising as you have mentioned wherein we have experienced a lot of fluctuations but comparatively 2020 has been a better year for Bitcoin after years of uncertainty. I am aligned with you as I hope Bitcoin will finish this year around $20k which I though it will be achieved during the first two weeks of December itself if not for the recent correction which took place. But, still nothing is certain until we reach towards the end of the year.

jostorres

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We need a clean up and we need it big time. There are tons of sellers who want to get out of market by selling at above $19k, there are so many bitcoins sold as soon as we reach these prices, there is a huge wall and everyone wants to get a piece of that prize and get out when they can at these prices and people do not realize how much they are hurting the price because they just want to get out at the top.

When you "buy low, sell high" that means you have to sell at the very highest price you can, and right now people are doing it, they think $19k is the biggest we can find and that's all they care about, if we could somehow convince those people to not sell at this price and can make them see how we can be a lot higher if we wanted to, we could potentially make a decent run, but without cleaning those sellers out, we are going to keep having trouble.

Kong Hey Pakboy

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Bitcoin price remains unpredictable because bitcoin is continuously making ups and downs; lately, bitcoin's price goes down from below $18,000, and today it gains back to $19,000+. It is hard to conclude the price of bitcoin by the end of the year 2020, but I still hope that bitcoin will continue its bull season or make its new ATH until the Q1 of 2021 before the market falls.

Noctis Connor

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It is really hard to predict what will be the price of bitcoin since of us are still holding and most people now are preparing for the christmas well we can't say that they don't want to spend some for christmas but this pandemic they needed to celebrate for something or thanking the way world works, Bitcoin change time to time which you can easily invest and thinking that people we're not going to dump some of bitcoin our economy changed and most of people are depending on bitcoin and so maybe next year.

arwin100

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Quote from: cryptomaniac_xxx on December 12, 2020, 03:05:53 AM

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.

Although I voted for $19,500-$2000 but still I'm hoping to see a price more than that for this year but since the market is acting strange right now maybe we will end up on the figures I voted since we need also consider things beyond happenings on the market. Maybe next week I will think about selling since to settle enough and enjoy the season.

robelneo

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I want to end the year full of optimism and I want to start now so I voted $19,500-$20,000 even if the price is not looking good I'm hoping for another all-time high, it's possible we never know the market is very volatile you never know what's coming up the next day, this is the time that the market has a lot of surprises, it has become unpredictable, just this year it has a lot of surprises.

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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.

tertius993

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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.

michellee

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Activity: 2604

Merit: 816

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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.

exstasie

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Activity: 1806

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Quote from: adaseb on December 12, 2020, 12:42:02 AM

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.

Quote from: adaseb on December 12, 2020, 12:42:02 AM

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.

Quote from: adaseb on December 12, 2020, 12:42:02 AM

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.

STT

legendary

Activity: 4102

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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.

Sebas.tian

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Quote from: masterzino on December 10, 2020, 10:57:35 AM

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.

Becky666

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Activity: 756

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Quote from: Gotumoot on December 11, 2020, 09:56:08 AM

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.

darewaller

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Activity: 2926

Merit: 640

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.

stomachgrowls

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Activity: 3010

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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!

Maslate

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Activity: 2954

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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.

tertius993

hero member

Activity: 1029

Merit: 712

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.

btc78

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Merit: 214

Eloncoin.org - Mars, here we come!

Quote from: cryptomaniac_xxx on December 12, 2020, 03:05:53 AM

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 Grin

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

bitzizzix

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Activity: 2366

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Enjoy 500% bonus + 70 FS

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.

error08

hero member

Activity: 1036

Merit: 514

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.

cryptomaniac_xxx

hero member

Activity: 1344

Merit: 540

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.

carlisle1

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Campaign Management?"Hhampuz" is the Man

Quote from: adaseb on December 12, 2020, 12:42:02 AM

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.

michellee

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Activity: 2604

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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.

adaseb

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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.

peter0425

sr. member

Activity: 2618

Merit: 439

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.

Ridwan Fauzi

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Activity: 1330

Merit: 147

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.

BuNga_cute

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Activity: 1736

Merit: 116

After seeing Bitcoin price movements in the first week of December, I changed my prediction regarding the Bitcoin price at the end of this year.
Previously, I believed Bitcoin could reach a price of $ 22,000. Now I doubt if Bitcoin can reach that price, my prediction regarding the Bitcoin
price may only hit $ 19,000 later this year. But we must be grateful for the achievements of Bitcoin this year, because in a pandemic situation
Bitcoin can go up in price above $ 19,000 is already extraordinary.

STT

legendary

Activity: 4102

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Price could hold at the high prices, not breaking up and not sustainably selling off. Of the two possibilities I would guess we do pull back more in price then this but some think there is a large amount of buying that will not change and demand outweighs supply hence we do push higher.
I think a fair estimate is we hold up somewhat, so prior high prices if projected to year end is no higher then 19k area and arguably the 50 day average continues to rise and will provide some idea of support until the the two touch then we may not last here but will get reactive movement. Today the lows were observable in support from prior pricing, if we do break below that support then move your sentiment in estimation and so on.
Short term we fell below moving averages like a weekly average and going into the weekend price recovered some but I wont predict positively till we pass above again. 3 strands on your banjo for the music to continue,
watch 17.8k then 18.2k and 18.8k I dont turn positive in trend estimation till we pass and confirm above again. BTC very often goes sideways anyhow

Wysi

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Activity: 1638

Merit: 261

We should be thankful and consider ourself lucky that the price of bitcoin crossed previous ATH wherein most of us were anxiously waiting for bitcoin to cross $15k and we were disappointed when Bitcoin reached till $13k last year but failed to reach $15k. I think Bitcoin is trending at a good figure and $20k will be a reasonable figure which we may expect bitcoin to reach by the end of the year. Ofcourse we might see some sudden pumps and dumps which will create panic amongst users and it could drive bitcoin's price abkve $20k or below current price.

CryptopreneurBrainboss

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Quote from: Fortify on December 11, 2020, 04:16:37 PM

Everyone who is a long term investor in Bitcoin should be grateful if it continues to hold anywhere in the $15,000-16,000 region and might be in for a major disappointment if they are looking much higher than that.

I think this will be the lowest bitcoin will go if the year was to end in a disappointing way. The only reason the market still has a bullish look is because of the institutional investors buying every dip, if not the selling pressure should have driven the price further down assuming there was no buying support form the big firms.

Bitcoin is looking week daily and it's affecting the altcoins market as always, just hope we get any leg up (in regards to price appreciation) before the Christmas selling pressure takes over. Overall I think the enthusiasm of the market exceeding its previous all time high should be forgotten as that isn't happening this year.

boltz

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I'm surprised that a lot of the votes pointed to the mark above 20k$ and even if we want to believe that , after a quick look at the markets we can see clearly that the resistance is still there and he didn't even test it once so I'm going with under 18k$ and to be more exactly, I will chose around 17k$. I do hope I'm wrong and Bitcoin will sky rocket out of nowhere tho.

Fortify

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It looks like Bitcoin is continuing to trend downwards, everyone got so overhyped in seeing it jump from $15k up to $20k that they fail to see that even at $15k it has made substantial progress for 2020. Everyone who is a long term investor in Bitcoin should be grateful if it continues to hold anywhere in the $15,000-16,000 region and might be in for a major disappointment if they are looking much higher than that.

Reid

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Activity: 3052

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All I can think of is Bitcoin is having a difficult time to go beyond the $20k mark.
It's like it doesn't want to repeat history. Grin

It might end at $19k and that's it.
2021 will be bumpier since those who are still waiting for a little profit since 2017 will have to think harder if they need to sell for ROI or risk waiting above whatever mark they bought it.

Stedsm

legendary

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The history says BTC might reach a new ATH in January, 2021 so expecting it to show some strong moves during December is like daydreaming atm because it's looking to be getting and probably standing near $16250 before the next leg upside. Supports are being broken down and it looks like there's not been enough accumulation done as of yet.

AmoreJaz

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Leading Crypto Sports Betting & Casino Platform

Quote from: FanEagle on December 11, 2020, 11:40:59 AM

I really don't know at this point, it looks like the price goes up an down constantly and I don't know what this last 3 weeks will entail, I do not really know because we have seen all time high recently, it was over $19.6k and it broke the record, but looking at what it is right now I can't say the same about right now, it is under $18k once again and that means the price is going down.

Now what we need to realize is that, will bitcoin go up like it did just ten days or whatever ago? Or will it go down more like it did few days ago? Which one is our direction? Which one will it do for a long time? We really don't know and I can't really say which one will happen. That is why I do not trust anyone that says they know which direction bitcoin will go neither.

predicting btc market is really hard as you have no idea what major factors are in play to influence the btc market. as it is a combination of various factors, what we can do is be attentive with the market, and open your eyes with news and updates that may affect its price.
if you are waiting for good timing to sell your btc, you really need to closely monitor the happenings in the market. and decide what price level are you going to sell that out.

FanEagle

legendary

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I really don't know at this point, it looks like the price goes up an down constantly and I don't know what this last 3 weeks will entail, I do not really know because we have seen all time high recently, it was over $19.6k and it broke the record, but looking at what it is right now I can't say the same about right now, it is under $18k once again and that means the price is going down.

Now what we need to realize is that, will bitcoin go up like it did just ten days or whatever ago? Or will it go down more like it did few days ago? Which one is our direction? Which one will it do for a long time? We really don't know and I can't really say which one will happen. That is why I do not trust anyone that says they know which direction bitcoin will go neither.

Gotumoot

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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+.

smyslov

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Activity: 2030

Merit: 269

Quote from: tertius993 on December 10, 2020, 08:09:41 AM

There's been a lot of predictions (mostly rather wishful it seems to me) about where bitcoin will be before the end of 2020.

However, since the recent top at $19,918 we've had a gentle slide back down to the current value around $18k.

Right now (10 December, 0800 hrs EST) Bitstamp is between $18,100 and 18,200.

What do you think is the max value we will see in the last three weeks of the year, so from now until midnight on 31 Dec.

My suspicion is its going to keep trending down with occasional bumps, but won't get above $19k again this year (so Option 1 or 2 for me).

So the question is not where will it be at the end of the year, but what will be the top between now and the end of the year?

Really interested to see where sentiment is at after the excitement of the recent high and the subsequent drift down.

(Note: poll runs for a week)

I am still hoping that the price will step to the $19000 and we just have to contend that Bitcoin will have it's all time high next year, 2021 will have a lot of room for improvement, we just have to treat 2020 as a year that the market has got back to it's feet and 2021 the year where the market will have a lot of records to break.

Reatim

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Activity: 2828

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Eloncoin.org - Mars, here we come!

Same vote of 4 from the lowest of 18,500 and 20,000 above meaning the pulse of community is divided and this is a good indication that either we will Hit the top or we will fall the ground.
I voted for Bullish 20,000 and up because that's what i believe will happen,after so much good news comes to the market i don't waste this moment like what i wasted in 2017 when i sell out in the middle of the bull.
Now will hold this even if i need to keep this the whole year again in 2021.

Ayiranorea

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Right now the price could've touched $20000 based on the growth happening in the cryptomarket. For some reason the market isn't moving good. The continued growth has got paused, now the market seems to fall gradually. We don't know to what extent this is gonna reach. Considering the present market situation and the price, there is more chance of $18000 - $19000 than a solid $20000.

Chrystora123

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Activity: 1414

Merit: 228

Omicron is another FUD

I'm still optimistic Bitcoin will hit $20k before this year ends. In the last few weeks, we've seen that the $ 20k wall is very hard to break, Bitcoin will go down immediately when it hits $ 19.4k (monitoring in recent days), but I am not pessimistic about the possibility that will happen (Bitcoin up to $20k)..

rodskee

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Activity: 2520

Merit: 204

For how many attempt of taking over the ATH it becomes frustrating to many if Bitcoin will really make it this year or we need to wait in 2021 for the finalization of this bullrun that had been paused.

maybe i will take up to $18,000 now as i wan't to be ready and don't be frustrated if we stays in this level,

Quote from: pilosopotasyo on December 11, 2020, 12:09:11 AM

Before I comment here I checked the price and here it is $17,990.07 this is the lowest this week and and could even go lower, this is unexpected we are hoping for at least $19500 but we are now below $18000 but I am very optimistic that before the year ends we'll still cross the $19000 level, there's still a lot to happen this 20 days, let's see how things will play out.

The lowest this week and might be the start of correction?that in another thread i read that it is 35% less the expected correction price.

if that's gonna happen then i may convert all of my coins to Bitcoin,not care if putting all eggs in one basket.

gabbie2010

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Activity: 2842

Merit: 326

Vave.com - Crypto Casino

Christmas is around the corner exchanging some btc to fiat is very imminent for Christians to buy gifts and other stuffs although this might not necessarily have much or full impact on it price, nevertheless I voted for $18,500-$19,000 which I believed the price can settled for, although the price had pulldown to $17800+, its obviously the usual drop associated with the price in the recent times, the month of November has been bullish all through a minor pullback this month is not bad before continuation of the bullish runs which might reach $18K to $19K with close to 20 days to the end of the year.

pilosopotasyo

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Before I comment here I checked the price and here it is $17,990.07 this is the lowest this week and and could even go lower, this is unexpected we are hoping for at least $19500 but we are now below $18000 but I am very optimistic that before the year ends we'll still cross the $19000 level, there's still a lot to happen this 20 days, let's see how things will play out.

LogitechMouse

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Activity: 2576

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It tried to go up to the $20,000 twice but failed. This just shows that there are many who doesn't want Bitcoin go up to that price.

With what's happening right now, my prediction months ago might happen that Bitcoin's price at the end of the year will end up at the $15,000-$16,000 price Cheesy

. The market is at its correction phase as of now and it gives investors another opportunity to enter the market. We need this kind of correction too in order for the market to shake those investors who has weak hands Cheesy

.

Short term I'm bearish right now in the market as we are seeing a corrective move but long term the market is still bullish.

LUCKMCFLY

legendary

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Leading Crypto Sports Betting & Casino Platform

I think that this year we can close with a flourish above $ 20k, the main reason is because demand increases, everyone at this time, despite the pandemic, looks for their gifts and things for the Christmas holidays, these emotions lead to the market increases in price.

rhomelmabini

hero member

Activity: 2030

Merit: 578

No God or Kings, only BITCOIN.

Still bullish and bitcoin do surprise us all the time but I fell like that $20k is gonna be break this year alone but if not then we should really be hopeful on the upcoming start of 2021. If we look at the yearly candles and we are going to repeat the same cycle then it's probably heading to the ATH better than it was on 2017. Still on the stronghold rhythm there's no fear if you want to HODL for long term.

exstasie

legendary

Activity: 1806

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Quote from: tertius993 on December 10, 2020, 08:09:41 AM

So the question is not where will it be at the end of the year, but what will be the top between now and the end of the year?

Really interested to see where sentiment is at after the excitement of the recent high and the subsequent drift down.

(Note: poll runs for a week)

I feel like the top is in for the year.

Not sure if the market will just drift sideways for a while (coiling up for a breakout in Q1 next year) or if a brutal shakeout is still on the way. In the latter scenario, I would expect all lower highs from here.

Sentiment does feel pretty greedy. It feels like everyone is long and waiting for institutions to take us to the moon. At times like these, I like to be prepared for a mini-crash that shakes out the early and over-leveraged bulls. When the market is finally ready to push a new ATH, I expect to see more skepticism and pessimism, like we saw in Q1 2017.

Erdogan

legendary

Activity: 1512

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I voted it would be over $20k. I know that the situation now looks like investors are scared, but in my opinion it is just the calm before the storm. I don't know if it will be tomorrow or next week, but in my opinion the bull run will start before the end of the year.

passwordnow

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I've voted for $19,500 - $20,000.
I'm still wishing that we'll get to those prices at the top of where we are right now. The recovery has been better since we've been dropping and that makes me positive for the upcoming weeks which is like crucial for other people thinking what would be the end of this year.

kentrolla

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Activity: 1652

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I still believe BTC may go upto 22k as the Christmas Eve is all set to come many Investors will buy it again also we are not going to see much enjoyment and fun of Christmas because of COVID-19 there are severe restrictions in many countries, so logically there are more chances for buy again if these stuff go well then automatically the price will go up.

masterzino

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Activity: 1218

Merit: 513

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.

STT

legendary

Activity: 4102

Merit: 1454

Quote

gentle slide back down

Its not a gentle decline imo, we stepped off the ladder which got us this high and to me that normally means we arent floating like a feather but due to correct downwards with more velocity then we rose even. So thats the scenario in potential and its not yet proven as its just taken place, so wait to see if gravity takes over or we quickly regain our grip and continue the rise. Its possible but more probable imo its correction far below our current expectations and outlook. Now I want to speculate where is the safest and strongest support for us between now and year end.

ipanks

hero member

Activity: 1610

Merit: 507

I vote for $19,500-$20,000, but I think that could be for the range between $19,000-$20,000 because we already hit up to $19k before, and if bitcoin price increase and get a pump, it could jump to $20k. But it is only a prediction, and I am sure that many people will have their prediction about bitcoin price.

And related to your question, what will be the top between now and the end of the year?

I think that could be between $19,000-$20,000 or it will get the pump to break more than $20k. But I do not yet make any prediction about bitcoin price.

tertius993

hero member

Activity: 1029

Merit: 712

Thanks for the thoughts.

This is definitely not about satisfaction or otherwise (look at where we were just a few months ago!) it's more about understanding the sentiment after just touching a new high and then falling back.

Lucius

legendary

Activity: 3234

Merit: 5637

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Given what the situation was in the first few months of this year, I don't think anyone can be dissatisfied with the current price - and I personally hoped it would go up to about $15k, which would be a 100% increase over the price in halving time.

Since we have several attempts to reach the new ATH, and all have so far been unsuccessful, it is possible that in the next 20 days there will be at least one more attempt by the bulls to reach $20k. If I had to give an estimate of the price, I would say that we will probably not go over $20k, and that the lower limit will not go below $16k.

Of course, this is just speculation based on what has been happening in recent weeks - the possibility is always there for some extremely good or bad news, and this can result in a price change of up to $5000 in either direction.

tertius993

hero member

Activity: 1029

Merit: 712

There's been a lot of predictions (mostly rather wishful it seems to me) about where bitcoin will be before the end of 2020.

However, since the recent top at $19,918 we've had a gentle slide back down to the current value around $18k.

Right now (10 December, 0800 hrs EST) Bitstamp is between $18,100 and 18,200.

What do you think is the max value we will see in the last three weeks of the year, so from now until midnight on 31 Dec.

My suspicion is its going to keep trending down with occasional bumps, but won't get above $19k again this year (so Option 1 or 2 for me).

So the question is not where will it be at the end of the year, but what will be the top between now and the end of the year?

Really interested to see where sentiment is at after the excitement of the recent high and the subsequent drift down.

(Note: poll runs for a week)

Topic: Three weeks to the year end - what will be the high? (Read 891 times)