Well said. You are absolutely right. We all hope that History of 2017 will not be repeated and BTC will continue its upward Journey in coming weeks and months.2017 Rally was totally Speculative but current rally is far different. BTC Halving & Institutional involvement in Cryto space are the catalyst of this Huge pump in BTC price.
We only discover that it was all hype in 2017 when the price corrected, but prior to that when the market is still bullish, we are fully convince that it's the real adoption that is making the market pumped, so I believe we are in the same scenario, we believe so much in media so might disregard the possibility of the dump which is the result of big correction. 
Topic: Will Bitcoin break its previous ATH record of 20K before end of 2020? (Read 938 times)
December 20, 2020, 05:36:57 PM
December 19, 2020, 09:15:57 AM
I believe there is a huge potential that it could do it. We are just $3k away from it right now and that is under 20% increase for now, and we all know that 20% increase is nothing in crypto world, so it could definitely happen at any moment now. I don't know when it will happen or how it will happen but I feel like not only we can break over $20k but we could go even further.
Yeah, the price is even closer now so I am quite sure the talks should be around 25k now because we are still long way to end the year and if the current trend continues we can actually see 22k or 23k being reached by the end of the year.I fully subscribe to your views and hope this time it will not be repeated what happened in 2018 because there is more acceptability of Bitcoin among general public as well as institutions. There is huge involvement/investment from institutions side during the past months and years but crypto market always comes with surprises, you never know what tomorrow brings for you.
I don't think that will ever happen again what happened in 2018 because now the market is much more healthy and a few whales cannot even shake the market like it was possible back in 2018 or earlier. Also there are new investors coming via other mediums like Paypal and others plus there are news of big investors investing so the market is now rising naturally and should never drop down by much because small drops are normal and expected.Well said. You are absolutely right. We all hope that History of 2017 will not be repeated and BTC will continue its upward Journey in coming weeks and months.2017 Rally was totally Speculative but current rally is far different. BTC Halving & Institutional involvement in Cryto space are the catalyst of this Huge pump in BTC price.
November 21, 2020, 09:17:35 AM
History always repeats itself but you never know when it does. The Bitcoin made all time high record back in 2017, the track record of BTC is that every three years it breaks it ATH record.
the fluctuation is very good and demand continues to strengthen, it is very likely that we will see Bitcoin at $ 20k again. but we also have to be prepared for possible market correction..
November 21, 2020, 08:18:53 AM
It is strange for me that almost no one thinks about the price drop... Although I'm optimistic that we'll reach 20K, you can already see a good parabola on the chart! The rollback should definitely happen!
Well said. Pullback is always possible, though all Technical Analysts/Indicators are predicting long term Bullish run but Technical charts are never perfect science, it is the science of probability which is total based on history. History always repeats itself because Human behaviour never changes. What happened yesterday same will happen again but when , nobody can predict correctly.
November 21, 2020, 07:31:35 AM
It is strange for me that almost no one thinks about the price drop...
I am, but you can understand that the sentiment now from people are bullish, so we don't talk too much about a price dump or a price correction. Although I'm optimistic that we'll reach 20K, you can already see a good parabola on the chart! The rollback should definitely happen!
Of course, $20k will mean a new ATH will be achieved, and after that, expect a fall back as that is normal, a healthy market would result to that. FOMO would make bitcoin overprice, but like I said, it will correct.
November 21, 2020, 07:28:33 AM
I believe there is a huge potential that it could do it. We are just $3k away from it right now and that is under 20% increase for now, and we all know that 20% increase is nothing in crypto world, so it could definitely happen at any moment now. I don't know when it will happen or how it will happen but I feel like not only we can break over $20k but we could go even further.
Looks like if we keep this pace up, before November ends we could reach to $20k levels and after that when December comes we could make a run for making a new all time high that would be hard to break. Hopefully we will not drop too much after these huge runs, because going high is a great thing but going very low after that high has been horrible for the past three years since last ATH.
Looks like if we keep this pace up, before November ends we could reach to $20k levels and after that when December comes we could make a run for making a new all time high that would be hard to break. Hopefully we will not drop too much after these huge runs, because going high is a great thing but going very low after that high has been horrible for the past three years since last ATH.
I agree with you 100%. The technical charts are predicting that it might cross 20K within days, Hopefully. Crypto currency always comes with surprises and i think this the beauty of crypto space.
November 21, 2020, 04:41:30 AM
It is strange for me that almost no one thinks about the price drop... Although I'm optimistic that we'll reach 20K, you can already see a good parabola on the chart! The rollback should definitely happen!
November 21, 2020, 03:20:47 AM
Are we magnetised towards 20k now, like a moth to a flame are we drawn to the largest and most obvious price in our view which of course is the ATH of now mythical status. I wonder if thats a real effect or do we get repelled by 20k as we get closer and just as we approach after all these years some hidden sect of BTC knights templar buyers now aged by their years of holding and determined to be sellers will come in to force us downwards.
thats a deep message you write there bro . we arent magnetised for the 20k but we are more magnetised by the time that btc was 10k range. remember , it takes several attempts ( ups and downs ) before we succesfully get out of that range and we are finally here at 18k , price dont get stuck anymore and i suspect that it will easily head down to 20k path . its not joke to hodl for a long time , that is why those legendary hodlers feel the need of a release especially when btc starts moving above 10k usd and this is why we feel that there is something that stops btc
November 20, 2020, 03:50:19 PM
I believe there is a huge potential that it could do it. We are just $3k away from it right now and that is under 20% increase for now, and we all know that 20% increase is nothing in crypto world, so it could definitely happen at any moment now. I don't know when it will happen or how it will happen but I feel like not only we can break over $20k but we could go even further.
Looks like if we keep this pace up, before November ends we could reach to $20k levels and after that when December comes we could make a run for making a new all time high that would be hard to break. Hopefully we will not drop too much after these huge runs, because going high is a great thing but going very low after that high has been horrible for the past three years since last ATH.
Looks like if we keep this pace up, before November ends we could reach to $20k levels and after that when December comes we could make a run for making a new all time high that would be hard to break. Hopefully we will not drop too much after these huge runs, because going high is a great thing but going very low after that high has been horrible for the past three years since last ATH.
Uhmm $18,600 already at the time I'm typing this, which brings us closer to $20,000 and that's $1,400+ away from breaking the ATH. In this current pace, we can either see $20,000 just before December or early on December.
But the real party begins when Btc get passed $20,000 and let's see what happens from there. Whether it keeps it's rising momentum or the quick sellers who missed the 2017 opportunity will bring Btc down real hard. Corrections are inevitable though.
November 20, 2020, 03:34:49 PM
Are we magnetised towards 20k now, like a moth to a flame are we drawn to the largest and most obvious price in our view which of course is the ATH of now mythical status. I wonder if thats a real effect or do we get repelled by 20k as we get closer and just as we approach after all these years some hidden sect of BTC knights templar buyers now aged by their years of holding and determined to be sellers will come in to force us downwards. It could be a bit like the 10k region used to get with people writing all their exchange orders for the nice round number like its that important.
November 20, 2020, 03:28:22 PM
I believe there is a huge potential that it could do it. We are just $3k away from it right now and that is under 20% increase for now, and we all know that 20% increase is nothing in crypto world, so it could definitely happen at any moment now. I don't know when it will happen or how it will happen but I feel like not only we can break over $20k but we could go even further.
Yeah, the price is even closer now so I am quite sure the talks should be around 25k now because we are still long way to end the year and if the current trend continues we can actually see 22k or 23k being reached by the end of the year.I fully subscribe to your views and hope this time it will not be repeated what happened in 2018 because there is more acceptability of Bitcoin among general public as well as institutions. There is huge involvement/investment from institutions side during the past months and years but crypto market always comes with surprises, you never know what tomorrow brings for you.
I don't think that will ever happen again what happened in 2018 because now the market is much more healthy and a few whales cannot even shake the market like it was possible back in 2018 or earlier. Also there are new investors coming via other mediums like Paypal and others plus there are news of big investors investing so the market is now rising naturally and should never drop down by much because small drops are normal and expected. November 19, 2020, 09:36:43 PM
I believe there is a huge potential that it could do it. We are just $3k away from it right now and that is under 20% increase for now, and we all know that 20% increase is nothing in crypto world, so it could definitely happen at any moment now. I don't know when it will happen or how it will happen but I feel like not only we can break over $20k but we could go even further.
Looks like if we keep this pace up, before November ends we could reach to $20k levels and after that when December comes we could make a run for making a new all time high that would be hard to break. Hopefully we will not drop too much after these huge runs, because going high is a great thing but going very low after that high has been horrible for the past three years since last ATH.
Looks like if we keep this pace up, before November ends we could reach to $20k levels and after that when December comes we could make a run for making a new all time high that would be hard to break. Hopefully we will not drop too much after these huge runs, because going high is a great thing but going very low after that high has been horrible for the past three years since last ATH.
Well said. I fully subscribe to your views and hope this time it will not be repeated what happened in 2018 because there is more acceptability of Bitcoin among general public as well as institutions. There is huge involvement/investment from institutions side during the past months and years but crypto market always comes with surprises, you never know what tomorrow brings for you.
November 17, 2020, 11:57:01 AM
I believe there is a huge potential that it could do it. We are just $3k away from it right now and that is under 20% increase for now, and we all know that 20% increase is nothing in crypto world, so it could definitely happen at any moment now. I don't know when it will happen or how it will happen but I feel like not only we can break over $20k but we could go even further.
Looks like if we keep this pace up, before November ends we could reach to $20k levels and after that when December comes we could make a run for making a new all time high that would be hard to break. Hopefully we will not drop too much after these huge runs, because going high is a great thing but going very low after that high has been horrible for the past three years since last ATH.
Looks like if we keep this pace up, before November ends we could reach to $20k levels and after that when December comes we could make a run for making a new all time high that would be hard to break. Hopefully we will not drop too much after these huge runs, because going high is a great thing but going very low after that high has been horrible for the past three years since last ATH.
November 17, 2020, 06:33:39 AM
Whether the price of bitcoin will go above the previous ath can be proved based on the market situation on starting of the upcoming month. Most of the year have provided with growth during the month of December. This time too we can expect the same to take place. Already we're holding within $15800 - $16500, and if the growth rate goes high for a while we'll see a new ath in 2020. Anyhow reaching out the ath won't make the price sustain for longer time period.
I think the sustainability bullrun this time is much different when compared to 2017. This time, bitcoin is much stronger and also has the support of a major party which will make bitcoin a more credible position 
November 17, 2020, 06:17:52 AM
If we are going to track the results of bitcoin using its pasture recorded data we can truly said such thing. But knowing that this idea is not a hidden thing, rather an obvious one we can also expect that this still holds two possibilities— that is the bullrun or the dump.
And the pump and the dump will always happen at the market, and you should better prepare for that so that you can use that moment for yourself.If you know that the bitcoin price is at a low price, you can buy bitcoin and hold it, but you don't have to panic if the bitcoin price is down lower than before.
Before you buy bitcoin, maybe you need to place an order buy and never use the instant buy because we don't know what next will happen to bitcoin.
We need to play safe to buy bitcoin and don't be in a rush because if you can calm yourself down, you will see the best time to buy.
Yes, the most important decision is correct what you say that do not get carried away in panic in taking every step further. indeed we know that bitcoin is currently quite high in price to make people think but it must be known that this is not the peak price that will be obtained by bitcoin, next year is the peak price of bitcoin, and the current possibility of bitcoin may fall again.
keep a clear mind and analyze well because everything can happen without our will if we do not prepare well. believe in what you will do because all decisions will rest with those of you who have funds. self-assurance is needed to be able to continue the next step.
That will be better to do that because sometimes, the flash dump can happen at the market, but that will not always happen.
The analysis is the key to finding the time to buy and sell, and if you do not have skills in analysis, you should learn by now, so when there are a dump happens at the market, you can buy at the right time.
Besides the analysis, calm down will be the other keys to make a decision so that you can decide base on the current situations.
No need to make a rush decision if you are not sure about the situation, especially if you don't analyze
November 16, 2020, 05:41:56 PM
No one knows about the market condition. Everything is associated with the market. Considering the previous bull trend there is more chance of reaching above the ATH. During the previous bull market there is sudden growth in $1000s which took the price cross $20000+ in few days time. This time we aren't into such pattern of growth. We've experiencing stabilized growth. Upon this there is possibility to touch $20000, but in a slower pace.
By the way, this is a very good observation. The difference in growth rates suggests that now growth is more justified and most likely there will be no such collapse as in 2018. I think all investors understand the inevitability of corrections, but everyone is afraid of crashes. In this regard, Bitcoin now looks more attractive and reliable than before.
November 16, 2020, 03:56:10 PM
Whether the price of bitcoin will go above the previous ath can be proved based on the market situation on starting of the upcoming month. Most of the year have provided with growth during the month of December. This time too we can expect the same to take place. Already we're holding within $15800 - $16500, and if the growth rate goes high for a while we'll see a new ath in 2020. Anyhow reaching out the ath won't make the price sustain for longer time period.
When we do reach out new ATH then expect there would really be a correction would comes next.We cant just expect for a market to have continuous rise.There would be always a sell-off that's why its wise to make out some decision on selling for profits.Just stick and observe to look for buyback opportunities.
Breaking ATH is most likely to happen but I don't see if it would would happen for this year or not but I presume that it will be on next year if this current price do able to hold up
for a while but if not then we would really be taking another long wait.
The best thing to be done is to secure profits no matter what price you are in to as long you do see greens then that what matter most.
November 16, 2020, 07:32:16 AM
Whether the price of bitcoin will go above the previous ath can be proved based on the market situation on starting of the upcoming month. Most of the year have provided with growth during the month of December. This time too we can expect the same to take place. Already we're holding within $15800 - $16500, and if the growth rate goes high for a while we'll see a new ath in 2020. Anyhow reaching out the ath won't make the price sustain for longer time period.
November 16, 2020, 07:04:07 AM
For bitcoin to make another 4x, if we take $10k as a base (because we were $10k just in late September, early October) we would have to say $40k price would be a realistic target before the year ends. Is it doable? I think it is possible but it looks like price stalled a bit, if we were at around $20-25k range right now, $40k before the year ends would have been a lot more possible but looking at where we are right now and how it didn't increased that way, I would say readjusting to $30k would be a smarter move.
Definitely not something we would expect unless we want another 2017 type of year but this $30k scenario only applies in a situation where we go high just like we did in 2017, in any other scenario even going above $20k would be a great increase for us.
Definitely not something we would expect unless we want another 2017 type of year but this $30k scenario only applies in a situation where we go high just like we did in 2017, in any other scenario even going above $20k would be a great increase for us.
November 16, 2020, 03:57:41 AM
If we are going to track the results of bitcoin using its pasture recorded data we can truly said such thing. But knowing that this idea is not a hidden thing, rather an obvious one we can also expect that this still holds two possibilities— that is the bullrun or the dump.
And the pump and the dump will always happen at the market, and you should better prepare for that so that you can use that moment for yourself.If you know that the bitcoin price is at a low price, you can buy bitcoin and hold it, but you don't have to panic if the bitcoin price is down lower than before.
Before you buy bitcoin, maybe you need to place an order buy and never use the instant buy because we don't know what next will happen to bitcoin.
We need to play safe to buy bitcoin and don't be in a rush because if you can calm yourself down, you will see the best time to buy.
Yes, the most important decision is correct what you say that do not get carried away in panic in taking every step further. indeed we know that bitcoin is currently quite high in price to make people think but it must be known that this is not the peak price that will be obtained by bitcoin, next year is the peak price of bitcoin, and the current possibility of bitcoin may fall again.
keep a clear mind and analyze well because everything can happen without our will if we do not prepare well. believe in what you will do because all decisions will rest with those of you who have funds. self-assurance is needed to be able to continue the next step.
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