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 940 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.
November 16, 2020, 02:55:38 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.
November 16, 2020, 02:21:12 AM
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.
We've seen a much better growth right now, the support barrier continually forming. We can't tell that it will rise further in a much
quicker time we should assess more deeper.
The run gave opportunities to those who believes that it will grow more, even we won't see the last ath being met before this year
will end but to have a good support that won't let the value to fall huge is more enough.
November 16, 2020, 01:47:53 AM
Breaking $20k is not really the point of bitcoin, aside from all the technological and psychological and even sociological reasons why bitcoin was created, the other point of investment to bitcoin is to always keep growing, it may go down time to time and take a while to get back but as long as bitcoin keeps growing bigger and bigger that means we are going to see a ton of big prices like this in the future.
that is not the point of bitcoin! the supply is capped to prevent inflation and also have a predefined and clear supply distribution plan that can not be easily changed on a whim like fiat. at some point when adoption has already grown enough the value increase will stop and the only rise we will see is in price against fiat whenever fiat value drops due to its inflation. November 15, 2020, 11:12:35 PM
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.
Not because the price is seemingly increasing it is too much to expect just like that,we have seen the growth from 4k level in march and now we are 16k.Maybe it is good to look upon Bitcoin staying in this Grade until the final blow of Bull comes soon.
This year or the next?the important thing is the profit we might have when it comes.
November 15, 2020, 09:22:54 PM
Breaking $20k is not really the point of bitcoin, aside from all the technological and psychological and even sociological reasons why bitcoin was created, the other point of investment to bitcoin is to always keep growing, it may go down time to time and take a while to get back but as long as bitcoin keeps growing bigger and bigger that means we are going to see a ton of big prices like this in the future.
Sure it will break $20k, it will also break $25k and $30k and $50k and $100k and all other higher prices, we will never stop going up, and will always have eyes on higher levels. The only reason why we are not investing right now all the time (which looking at price going up, many of us do) could be because we think short term and in short term it doesn't have to go up all the time.
I doubt that it is the purpose of Bitcoin.Sure it will break $20k, it will also break $25k and $30k and $50k and $100k and all other higher prices, we will never stop going up, and will always have eyes on higher levels. The only reason why we are not investing right now all the time (which looking at price going up, many of us do) could be because we think short term and in short term it doesn't have to go up all the time.
It is a digital currency made to promote convenience with transactions. It just happened that its market price is volatile since there's a demand and volume in the market. But someday, once it's been adopted across different countries, things might change. Its market value could become stable, because it won't be used as a mode of payment if its price will still be volatile, in a sense that people will hesitate using it because of the profit, which is somewhat contradicts its concept as a currency.
You are right that BTC was created for convenience of Transaction across the globe but now individuals and institutions are buying it as store of value and hedge against inflation. it won't be used as mode of payment for purchasing goods and services as long as it remains volatile. Technically charts are also suggesting that there is strong possibility that BTC might break its ATH record before the year ends.
November 15, 2020, 06:21:53 PM
Breaking $20k is not really the point of bitcoin, aside from all the technological and psychological and even sociological reasons why bitcoin was created, the other point of investment to bitcoin is to always keep growing, it may go down time to time and take a while to get back but as long as bitcoin keeps growing bigger and bigger that means we are going to see a ton of big prices like this in the future.
Sure it will break $20k, it will also break $25k and $30k and $50k and $100k and all other higher prices, we will never stop going up, and will always have eyes on higher levels. The only reason why we are not investing right now all the time (which looking at price going up, many of us do) could be because we think short term and in short term it doesn't have to go up all the time.
I doubt that it is the purpose of Bitcoin.Sure it will break $20k, it will also break $25k and $30k and $50k and $100k and all other higher prices, we will never stop going up, and will always have eyes on higher levels. The only reason why we are not investing right now all the time (which looking at price going up, many of us do) could be because we think short term and in short term it doesn't have to go up all the time.
It is a digital currency made to promote convenience with transactions. It just happened that its market price is volatile since there's a demand and volume in the market. But someday, once it's been adopted across different countries, things might change. Its market value could become stable, because it won't be used as a mode of payment if its price will still be volatile, in a sense that people will hesitate using it because of the profit, which is somewhat contradicts its concept as a currency.
November 14, 2020, 10:04:12 AM
Breaking $20k is not really the point of bitcoin, aside from all the technological and psychological and even sociological reasons why bitcoin was created, the other point of investment to bitcoin is to always keep growing, it may go down time to time and take a while to get back but as long as bitcoin keeps growing bigger and bigger that means we are going to see a ton of big prices like this in the future.
Sure it will break $20k, it will also break $25k and $30k and $50k and $100k and all other higher prices, we will never stop going up, and will always have eyes on higher levels. The only reason why we are not investing right now all the time (which looking at price going up, many of us do) could be because we think short term and in short term it doesn't have to go up all the time.
Sure it will break $20k, it will also break $25k and $30k and $50k and $100k and all other higher prices, we will never stop going up, and will always have eyes on higher levels. The only reason why we are not investing right now all the time (which looking at price going up, many of us do) could be because we think short term and in short term it doesn't have to go up all the time.
November 14, 2020, 10:01:45 AM
I'll take this seriously and putting my bets to $17,500-$$18,00 before we end this year.
Seeing $20k is only less possible to make it come true. The closest we reach at $20k, the slower and harder it moves high, in fact, dumps have something to puddle down and we are moving down again below $16,000.
IMHO, this year 2020 is very different from previous years. Why? A lot of challenges come, not only in the crypto world but also in the local stock market. The good thing is that we are still able to move and gain back the momentum but this is not enough (I think) that it brings us to the highest peak.
Seeing $20k is only less possible to make it come true. The closest we reach at $20k, the slower and harder it moves high, in fact, dumps have something to puddle down and we are moving down again below $16,000.
IMHO, this year 2020 is very different from previous years. Why? A lot of challenges come, not only in the crypto world but also in the local stock market. The good thing is that we are still able to move and gain back the momentum but this is not enough (I think) that it brings us to the highest peak.
You said it very right that 2020 was not is very difficult year for the whole world. All major economies are in Recession including USA and Europe. The only only economy which is still not in bad shape despite pandemic covid-19, is China. keeping in view this dismal situation I think your guess seems very right that BTC will between 17,500 to 18,000 when we be celebrating New year.
November 14, 2020, 12:24:57 AM
there really is no fixed timeframe for these things because bitcoin price rises are greatly affected by a lot of different factors (most of which involve factors affecting the adoption). for example anything that can speed up the adoption such as countries adopting bitcoin as a currency (eg. Japan in 2017) greatly increases the adoption speed and with it the price reaches the next ATH a lot faster. on the other hand opposite things that can slow down adoption greatly decrease the speed and increase the time it takes to reach the next ATH. for example the recent pandemic panic sell or a economic crash/recession could slow it down.
my guess is that the previous ATH will be broken next year in first couple of months and within first quarter we will see new ATH around $35k to $40k and by the end of 2021 we will have the final ATH above $50k and possibly around $100k.
my guess is that the previous ATH will be broken next year in first couple of months and within first quarter we will see new ATH around $35k to $40k and by the end of 2021 we will have the final ATH above $50k and possibly around $100k.
Well said. My forecast that it might break ATH before the year ends, is based on Technical charts which suggest that if BTC breaks 17,000 the it won't take much time to break 20,000 ATH record and current market trend is Bullish. Secondly, the Intuitions are making huge buying which is evident from growing trading volumes of all major exchanges.
November 13, 2020, 06:56:15 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.
November 13, 2020, 06:52:26 PM
Of course, Bitcoin price can pass the ATH and has new ATH but we cannot claim it now. The next price for Bitcoin is something unpredictable, let's just monitor and still plan a realistic goal. As the current price is still around $16K, why don't try to predict the price to go $17K first? It should be more sense than predict passing the ATH ($20K).
Can we trust this? Honestly, I doubt it. Not each history can repeat, you must think realistically than rely on something doubtful.
History always repeats itself but you never know when it does.
Can we trust this? Honestly, I doubt it. Not each history can repeat, you must think realistically than rely on something doubtful.
November 13, 2020, 06:43:45 PM
I think theres too much news going on for a new high this year, you have an election result but its disputed and protracted in its resolution which means doubts can be a negative for most of the rest of this year. You have possible upset from that change of guard. There is the danger of markets over speculating the end of covid when any vaccine takes months maybe even a year to propagate which matters because markets falling will bring margin calls and a need for capital which BTC is to some extent, a liquid source of capital.
Its not negative especially for BTC to pull back at this point, a price often checked is far more assured in its gains long term. Its better to be bullish when people are too apprehensive, where as now most are very positive from these previous gains hence I would advise some caution while taking part purely in a speculative way so that means keep a stop loss on trades.
Its not negative especially for BTC to pull back at this point, a price often checked is far more assured in its gains long term. Its better to be bullish when people are too apprehensive, where as now most are very positive from these previous gains hence I would advise some caution while taking part purely in a speculative way so that means keep a stop loss on trades.
You said it very right that we should be optimistic but simultaneously not forget to use stop loss while trading. No doubt the probability of further price escalation is on higher side. As well as the data of options market suggests that BTC will break its ATH record before the year ends. Let's wait and see what year end brings for us.
November 13, 2020, 10:21:02 AM
Yes we can tell but we are now at $16.2k based on CMC price so if there's something good happen especially I believe the Christmas day can create hype since for sure many will think about good things on that season so provably $20k is possible to reached. Also I agree many people still look after on the adoption of PayPal that's why we continuously see some good jumps at this moment.
That still needs more time to see the bitcoin price can reach $20k, but I am sure that it will be possible to happen.Maybe we will get a surprise from bitcoin before the end of this year, and if that surprise is a jump in bitcoin price, that will be a big surprise because we can see that price again this year.
The news from Paypal indeed gives more chance for bitcoin to grow and get more adoption from Paypal's members, so that can make people out there aware of the presence of bitcoin.
Sooner or later, they will start to buy bitcoin from their Paypal account and send it to a different wallet.
We hope that there will be more good news about bitcoin that will release to help bitcoin grow more.
We need to happy with the situations now because bitcoin can rise slowly to break the high price.
November 13, 2020, 09:20:10 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.
Well, we can't exactly tell though however, I have a feeling and I want to believe that we will set a new record before the end of the year or perhaps in the 1st Quarter of 2021.Bitcoin is now hovering around $15k USD, even touch the mark of $16k USD, it is basically making a subtle movement and if this continues there's no doubt that we will witness the new ATH. Besides, I don't think it will become a bubble though. A lot of people are now procuring Bitcoin since it became convenient for them due to Paypal's cryptocurrency acceptance.
Yes we can tell but we are now at $16.2k based on CMC price so if there's something good happen especially I believe the Christmas day can create hype since for sure many will think about good things on that season so provably $20k is possible to reached. Also I agree many people still look after on the adoption of PayPal that's why we continuously see some good jumps at this moment.
Well the price is indeed close to its previous ATH, so there is a huge possibility. But possibility is not certainty, that's the point.
Ofcourse it would be good to anticipate the good things that might happen but it is better to not expect too much because the market is naturally inconsistent and things could still happen which could break our expectations. So just hold for now and invest if you must.
November 13, 2020, 07:50:15 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.
If history really repeats itself too then I'll expect that there will be a a bearish run on for over a week on the month November if what we'll base on is the 2017 ATH. I don't think it's always breaking every 3 years or by December but I think that's the norm now for speculation. The price ATH of $1.2k was way back on 2013 and that's on the month of November and if we would speak for the next ATH it was of December 2017 so that's a 4 year gap so to speak. I think it's a healthy speculation but on conclusion ATH do always happen on the 4th quarter of the year so maybe it's a new ATH this year and that's 3 years not 4 years anymore. So, could we say that by the next year it will turn bearish? No one knows but we are free to speculate and sometimes that's a driving force as well as the charts.
November 13, 2020, 06:55:36 AM
Even if we can't break before 2020 ends, we could wait a bit more can't we? I mean I would suggest not buying from here because we are already very high and would suggest everyone to wait a bit until we get down a bit in order to make some profit, but if we are not doing that and still buying, at least we could wait a big longer.
I hope you and me have our hopes listened to. I wanted it to hold at $14k but it went to $15k and now it seems to be looking above $16k gains. If we are unluckier we will even see ATH this month at this rate.
Seems nice, but not to those of us who are still earning small amounts. Hard to see that you earn or buy $50 and you only get about 300k+ satoshi now, which people gamble in one bet on crypto casinos. Ulp!
November 13, 2020, 05:24:15 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.
Well, we can't exactly tell though however, I have a feeling and I want to believe that we will set a new record before the end of the year or perhaps in the 1st Quarter of 2021.Bitcoin is now hovering around $15k USD, even touch the mark of $16k USD, it is basically making a subtle movement and if this continues there's no doubt that we will witness the new ATH. Besides, I don't think it will become a bubble though. A lot of people are now procuring Bitcoin since it became convenient for them due to Paypal's cryptocurrency acceptance.
Yes we can tell but we are now at $16.2k based on CMC price so if there's something good happen especially I believe the Christmas day can create hype since for sure many will think about good things on that season so provably $20k is possible to reached. Also I agree many people still look after on the adoption of PayPal that's why we continuously see some good jumps at this moment.
November 13, 2020, 05:20:39 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.
Well, we can't exactly tell though however, I have a feeling and I want to believe that we will set a new record before the end of the year or perhaps in the 1st Quarter of 2021.Bitcoin is now hovering around $15k USD, even touch the mark of $16k USD, it is basically making a subtle movement and if this continues there's no doubt that we will witness the new ATH. Besides, I don't think it will become a bubble though. A lot of people are now procuring Bitcoin since it became convenient for them due to Paypal's cryptocurrency acceptance.
November 13, 2020, 04:33:34 AM
Normally I used to say nobody knows to these type of things but looking at how we are doing and seeing how we are not stopping, I feel like it could very well be something we could do without any trouble. I am not saying it will be 100% 20k+ before the year ends but all I am saying is, everything looks like it could definitely do something like that without a doubt.
We will have to wait and see obviously, but from 10k to 16k in just 2 months (under 2 months really) is something special and it shows that bitcoin could definitely go up another 4k in the next 40-50 days as well, the only question remains here is not "will it be 20k+" to me actually, it is more like "will 50 days be enough to reach 20k" because I feel like we will surely beat over 20k but I don't know if 2020 will be enough, maybe a month into 2021?
We will have to wait and see obviously, but from 10k to 16k in just 2 months (under 2 months really) is something special and it shows that bitcoin could definitely go up another 4k in the next 40-50 days as well, the only question remains here is not "will it be 20k+" to me actually, it is more like "will 50 days be enough to reach 20k" because I feel like we will surely beat over 20k but I don't know if 2020 will be enough, maybe a month into 2021?
November 13, 2020, 12:38:47 AM
I think what will happen is $20K is going to be the new $6K that we battled back in 2017 and 2018. Remember how it was strong support, and then we assumed it would be strong resistance but instead it engulfed $6K like butter and kept going up and up till $13.8K ?
So we will either never reach $20K, maybe $16.5K was the peak or $19.5K will be the peak. Most will have their sell orders at $20K and they will never fill. Another scenario is that we will reach $20K and quickly break and go to like $21K or $22K. I don't think we will go exactly to $20K and reverse.
This doesn't really help however, unless you maybe buy some $20K put option for BTC. Which many won't do due to the high premium.
So we will either never reach $20K, maybe $16.5K was the peak or $19.5K will be the peak. Most will have their sell orders at $20K and they will never fill. Another scenario is that we will reach $20K and quickly break and go to like $21K or $22K. I don't think we will go exactly to $20K and reverse.
This doesn't really help however, unless you maybe buy some $20K put option for BTC. Which many won't do due to the high premium.
November 12, 2020, 05:56:03 PM
It’s like a dream, bitcoin can keep going up this fast, even the price of bitcoin exceeds $15k. Now the price of bitcoin is already $16,171,
really a very strong run. There are less than 2 months to catch up to $20k, it looks close if looking at bitcoin’s current position.
It seems likely that we all expect Bitcoin to create a new ATH besides what happened in 2017.
Many pusher factors are causing bitcoin to run away today. And it makes us positively minded about price developments.
It’s only natural that many assume that bitcoin is very close to reaching $20k.
really a very strong run. There are less than 2 months to catch up to $20k, it looks close if looking at bitcoin’s current position.
It seems likely that we all expect Bitcoin to create a new ATH besides what happened in 2017.
Many pusher factors are causing bitcoin to run away today. And it makes us positively minded about price developments.
It’s only natural that many assume that bitcoin is very close to reaching $20k.
November 12, 2020, 05:17:22 PM
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.
Might be YES or NO. Though it gonna be possible but that seems so hard to make a $20k rally this year. Maybe next year, nobody knows but we don't need to lose our hopes then. Some speculation made saying $50k, $100k, that gonna be possible but we don't need to have a time-frame for this, and I can't see it in my crystal ball yet. That so saying that history repeats itself, maybe YES or it gonna be NO. We live in this unpredictable market, a decentralized market where nobody knows, and all the comings are unknown to everyone.
November 12, 2020, 04:28:46 PM
The price on Dec 27, 2016 was $960. This represents a 15% loss from the high of $1171.
Applying the same rate of loss to the $19891 high, we get prices around $17,000 for the end of 2020. A more specific range would isolate prices to likely between $16,500 and $17,500.
Applying the same rate of loss to the $19891 high, we get prices around $17,000 for the end of 2020. A more specific range would isolate prices to likely between $16,500 and $17,500.
Or $20K?
Right now it's really hard to see where the price is going before the end of this year. Too much speculation and news affecting the market, positive news that will push the price to even greater heights. No one expects the price to be in this level as this point, so who knows, maybe $20k in 2020 is possible because it surely did kick another FOMO upon reaching $16k, the price we haven't seen since 2017, if my memory serves me right.
November 12, 2020, 04:01:04 PM
I think theres too much news going on for a new high this year, you have an election result but its disputed and protracted in its resolution which means doubts can be a negative for most of the rest of this year. You have possible upset from that change of guard. There is the danger of markets over speculating the end of covid when any vaccine takes months maybe even a year to propagate which matters because markets falling will bring margin calls and a need for capital which BTC is to some extent, a liquid source of capital.
Its not negative especially for BTC to pull back at this point, a price often checked is far more assured in its gains long term. Its better to be bullish when people are too apprehensive, where as now most are very positive from these previous gains hence I would advise some caution while taking part purely in a speculative way so that means keep a stop loss on trades.
Its not negative especially for BTC to pull back at this point, a price often checked is far more assured in its gains long term. Its better to be bullish when people are too apprehensive, where as now most are very positive from these previous gains hence I would advise some caution while taking part purely in a speculative way so that means keep a stop loss on trades.
November 12, 2020, 02:10:24 PM
Not that too optimistic for bitcoin to reach the ATH as of this year and we cant just focused out on up prices but also theres always the tendency of corrections.
Honestly, we are really just moving too fast considering that we are just in 10k price on previous months and now we are almost hitting 16k which the movement is really not that organic in my own opinion
but somehow basing up on the sentiments or adoption news then we can presume that it might be the main reason for such up but always be having that risk management because we arent just talking about
price increase here.
Honestly, we are really just moving too fast considering that we are just in 10k price on previous months and now we are almost hitting 16k which the movement is really not that organic in my own opinion
but somehow basing up on the sentiments or adoption news then we can presume that it might be the main reason for such up but always be having that risk management because we arent just talking about
price increase here.
Correct, one of the main things in investment is risk management, too much advice says 'do not invest more than you can afford to lose'.
People can't haphazardly invest in something they don't know, but we do know what bitcoin is and what it's capable of achieving.
Although it can't reach a new ATH this year, yet it still manages to break $16K resistance, do you think it will stop at this price? Personally, I would say, based on probability and predictions, bitcoin should be able to achieve at least a minimum of $19K by the end of the year.
November 12, 2020, 11:45:18 AM
It looks more and more possible every single day, I am not assuming anything will happen in crypto world because anything could happen at any moment, we could suddenly crash under 10k as well so I am not keeping my hopes up, but I can see that there is a really big deal going on right now with the price approaching 16k like it is nothing.
Normally this should be a huge deal because 16k is something we haven't seen since the 2017 peak, we are getting back to those days and we are not doing it like a huge hype anymore, we are not doing it like it is something extraordinary, we are doing it like it is something very normal and expected. This changes a lot of things because doing it like it is something expected makes it easier to go further up in price as well.
Normally this should be a huge deal because 16k is something we haven't seen since the 2017 peak, we are getting back to those days and we are not doing it like a huge hype anymore, we are not doing it like it is something extraordinary, we are doing it like it is something very normal and expected. This changes a lot of things because doing it like it is something expected makes it easier to go further up in price as well.
November 12, 2020, 02:49:28 AM
The price on Dec 27, 2016 was $960. This represents a 15% loss from the high of $1171.
Applying the same rate of loss to the $19891 high, we get prices around $17,000 for the end of 2020. A more specific range would isolate prices to likely between $16,500 and $17,500.
Applying the same rate of loss to the $19891 high, we get prices around $17,000 for the end of 2020. A more specific range would isolate prices to likely between $16,500 and $17,500.
November 12, 2020, 01:16:20 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.
It will not this year, my analysis is the movement of the price starting last month, since the PayPal news surfaced, the PayPal news made a big impact on the price but it cannot sustain the price to reach $20000, we need more or another news as big as the PayPal news so the price can make its big movement again, I'm still confident that the new all time high will happen first or second quarter of next year.
November 11, 2020, 02:14:36 PM
Even if we can't break before 2020 ends, we could wait a bit more can't we? I mean I would suggest not buying from here because we are already very high and would suggest everyone to wait a bit until we get down a bit in order to make some profit, but if we are not doing that and still buying, at least we could wait a big longer.
Right now price is $15k+ and that means we need to stay above that at least to make a profit, I believe $15k+ will not be rare in the future so even if 2020 doesn't bring you profit, 2021 will and even though it is highly unlikely that 2021 will never be above $15k, 2022 will certainly be. So just buy and hold, the longer you hold the bigger possibility that you will have a profit and $20k+ price, we don't know when, maybe in a week, maybe in a year but it will happen for sure.
Right now price is $15k+ and that means we need to stay above that at least to make a profit, I believe $15k+ will not be rare in the future so even if 2020 doesn't bring you profit, 2021 will and even though it is highly unlikely that 2021 will never be above $15k, 2022 will certainly be. So just buy and hold, the longer you hold the bigger possibility that you will have a profit and $20k+ price, we don't know when, maybe in a week, maybe in a year but it will happen for sure.
if you believe bitcoin could and will reach that point, then why hesitate to buy? $16K is in sight, the next target is $17K, like you said, just buy and wait for bitcoin to break $20K, even if we sell at $19,800 should generate huge profits depend on how much you are willing to spend at this time. However, the potential of bitcoin is not just $20K, the probability of reaching $21K before the end of this year is quite high.
Honestly, we are really just moving too fast considering that we are just in 10k price on previous months and now we are almost hitting 16k which the movement is really not that organic in my own opinion
but somehow basing up on the sentiments or adoption news then we can presume that it might be the main reason for such up but always be having that risk management because we arent just talking about
price increase here.
November 11, 2020, 01:45:02 PM
Even if we can't break before 2020 ends, we could wait a bit more can't we? I mean I would suggest not buying from here because we are already very high and would suggest everyone to wait a bit until we get down a bit in order to make some profit, but if we are not doing that and still buying, at least we could wait a big longer.
Right now price is $15k+ and that means we need to stay above that at least to make a profit, I believe $15k+ will not be rare in the future so even if 2020 doesn't bring you profit, 2021 will and even though it is highly unlikely that 2021 will never be above $15k, 2022 will certainly be. So just buy and hold, the longer you hold the bigger possibility that you will have a profit and $20k+ price, we don't know when, maybe in a week, maybe in a year but it will happen for sure.
Right now price is $15k+ and that means we need to stay above that at least to make a profit, I believe $15k+ will not be rare in the future so even if 2020 doesn't bring you profit, 2021 will and even though it is highly unlikely that 2021 will never be above $15k, 2022 will certainly be. So just buy and hold, the longer you hold the bigger possibility that you will have a profit and $20k+ price, we don't know when, maybe in a week, maybe in a year but it will happen for sure.
if you believe bitcoin could and will reach that point, then why hesitate to buy? $16K is in sight, the next target is $17K, like you said, just buy and wait for bitcoin to break $20K, even if we sell at $19,800 should generate huge profits depend on how much you are willing to spend at this time. However, the potential of bitcoin is not just $20K, the probability of reaching $21K before the end of this year is quite high.
November 11, 2020, 01:28:44 PM
Even if we can't break before 2020 ends, we could wait a bit more can't we? I mean I would suggest not buying from here because we are already very high and would suggest everyone to wait a bit until we get down a bit in order to make some profit, but if we are not doing that and still buying, at least we could wait a big longer.
Right now price is $15k+ and that means we need to stay above that at least to make a profit, I believe $15k+ will not be rare in the future so even if 2020 doesn't bring you profit, 2021 will and even though it is highly unlikely that 2021 will never be above $15k, 2022 will certainly be. So just buy and hold, the longer you hold the bigger possibility that you will have a profit and $20k+ price, we don't know when, maybe in a week, maybe in a year but it will happen for sure.
Right now price is $15k+ and that means we need to stay above that at least to make a profit, I believe $15k+ will not be rare in the future so even if 2020 doesn't bring you profit, 2021 will and even though it is highly unlikely that 2021 will never be above $15k, 2022 will certainly be. So just buy and hold, the longer you hold the bigger possibility that you will have a profit and $20k+ price, we don't know when, maybe in a week, maybe in a year but it will happen for sure.
November 11, 2020, 12:58:51 PM
And there is also a chance for a big correction. Nothing ensures you that bitcoin will continue to go up on tomorrow. Always prepare for the worse. That is how a smart investor does. If there is a reward, there will also be a risk.
It is a good advise here just as many invested when correction was ready to happen. Investors now could be looking at December target for the yearly profit as in last ATH but this year is not convincing to happen.
November 11, 2020, 11:44:58 AM
I do not need to predict an exact time when bitcoin surpasses its all time high. No need to be before 2020 or early 2021. But if we keep this momentum, we will not just surpass it, $30000 is an possible target
But who knows. Bitcoin has performed outstanding this year. There are 2 months left before we start a new year. It was nearly $3000 and now it has mutiplied to 5 times. We still have a great chance to see bitcoin reach its ATH in this year
And there is also a chance for a big correction. Nothing ensures you that bitcoin will continue to go up on tomorrow. Always prepare for the worse. That is how a smart investor does. If there is a reward, there will also be a risk.
But who knows. Bitcoin has performed outstanding this year. There are 2 months left before we start a new year. It was nearly $3000 and now it has mutiplied to 5 times. We still have a great chance to see bitcoin reach its ATH in this year
And there is also a chance for a big correction. Nothing ensures you that bitcoin will continue to go up on tomorrow. Always prepare for the worse. That is how a smart investor does. If there is a reward, there will also be a risk.
November 11, 2020, 10:19:47 AM
With the current rate that we have, I believe Bitcoin could reach a higher high than in 2017. We will never know unless we are there. Many companies are switching to Bitcoin to keep their funds and possibly profit in the long run. A lot more companies would probably follow, and if you would be lucky enough to have bought earlier, it would already be a profit. It's a win already.
Just make sure you are ready to risk what you can afford, and then, you would be happy when you profit, and there will be accepted when you lose. Let's see the price soon.
Before the end of the year seems possible but it also looks like it may not happen at the same time. I understand we believe bitcoin is on the rise and we have broken over $15k which we haven't done in a loooooong time, even on the peak of 2019 which was very high, we didn't break over $15k so I understand why people think that we are doing awesome.Just make sure you are ready to risk what you can afford, and then, you would be happy when you profit, and there will be accepted when you lose. Let's see the price soon.
However just because we "did" awesome so far, doesn't really mean we will continue to do awesome, I agree that if we continue to go this way we are going to do very well, but I also realize that we may not go this well forever, which means it will have to end one day. Maybe it will end after we peak over $20k, maybe it already ended, or maybe it will be 50k+ before it ends which is why I say we don2t know when this rise will end and when is our last stop (for this run at least).
November 11, 2020, 10:10:55 AM
Last two bull market peaks were in November. In 2013 and in 2017. To expect something similar this November is a bit of a stretch. Yes you are talking about of ATH and not the bull market peak but still. Many expect Bitcoin to do well at end of years exactly because of those two years. If we go about repeat itself we should expect good year for Bitcoin at end of next year.
November 11, 2020, 10:09:30 AM
History always repeats itself but you never know when it does.
Found the answer within the statement. "You never know when it does."
That's it. There is no accurate answer to the question.
As of the 20k ATH mark, I doubt it might happen now. Don't get me wrong though.
I want it to reach that number as soon as possible to let those who bought at that time sell their bitcoins and maybe we can erase more panic sellers.
November 11, 2020, 08:31:57 AM
That's right, I'm also a trader, I'm waiting for the altcoin season to arrive,
before the Bitcoin price goes to all time high, we as traders can only hold and accumulate altcoins,
because this patience will produce sweet results.
Usually, altcoin season comes after the great bitcoin bull run.before the Bitcoin price goes to all time high, we as traders can only hold and accumulate altcoins,
because this patience will produce sweet results.
If you can wait for that moment to come then you need to witness first the bull run for bitcoin. And as much as possible, don't miss out on that moment for bitcoin and hold it together with your altcoins.
It's not only altcoins that you can hold and accumulate, apply it to bitcoin as well.
November 11, 2020, 05:56:34 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 analysts have mentioned about the bitcoin price after the halving, and yes it is possible that a bull run and hit the 20k ATH is possible. almost the same cycle as last 2017. Also I hope Altcoin will move up together. Im sure, many trader prefer to waiting for Alt seasson.
That's right, I'm also a trader, I'm waiting for the altcoin season to arrive,
before the Bitcoin price goes to all time high, we as traders can only hold and accumulate altcoins,
because this patience will produce sweet results.
November 11, 2020, 05:45:33 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.
There is no one who will know about it, they only have a prediction but their prediction only have 60% to happen. There are so many factors that can make bitcoin price up and down even its in an uptrend market, like a few months a go we already knew that bitcoin price in uptrend market but there is a situatiom that can make bitcoin price down a lot. And, it can happen now, we know since last week bitcoin and all crypto currency market are in a good trend market. The situation that was affect from coronavirus made the government spend a lot of money to help the people and it can make the fiat price fall and make bitcoin price up. But, who knows this situation will run.
But I have a prediction for bitcoin price for the end at this year, yeah its price will only touch $17.000 before this year end.
November 11, 2020, 04:39:35 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.
History always repeats itself but on Bitcoin's all-time high it's not going to happen this 2020 this is just my opinion and I based it on how the market price moves for the last 5 months the price is not moving dramatically like a huge 10% or more pump, movement is just 1 to 4% and I believe this movement will continue until the end of the year, and we'll see if there are changes in the first quarter.
November 10, 2020, 11:51:37 PM
there really is no fixed timeframe for these things because bitcoin price rises are greatly affected by a lot of different factors (most of which involve factors affecting the adoption). for example anything that can speed up the adoption such as countries adopting bitcoin as a currency (eg. Japan in 2017) greatly increases the adoption speed and with it the price reaches the next ATH a lot faster. on the other hand opposite things that can slow down adoption greatly decrease the speed and increase the time it takes to reach the next ATH. for example the recent pandemic panic sell or a economic crash/recession could slow it down.
my guess is that the previous ATH will be broken next year in first couple of months and within first quarter we will see new ATH around $35k to $40k and by the end of 2021 we will have the final ATH above $50k and possibly around $100k.
my guess is that the previous ATH will be broken next year in first couple of months and within first quarter we will see new ATH around $35k to $40k and by the end of 2021 we will have the final ATH above $50k and possibly around $100k.
Well said. My forecast that it might break ATH before the year ends, is based on Technical charts which suggest that if BTC breaks 17,000 the it won't take much time to break 20,000 ATH record and current market trend is Bullish. Secondly, the Intuitions are making huge buying which is evident from growing trading volumes of all major exchanges.
November 10, 2020, 11:41:17 PM
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.
Who knows? You and I are essentially guessing despite all the track records and patterns Bitcoin left all those years.
But it is possible that the previous ATH will repeat in the same month this year and eventually be broken right after. We seem to have all the reasons to believe that it will happen. There are large institutional investors which are now showing a lot of confidence in Bitcoin by having a good portion of their funds devoted to it.
Perhaps, that is right. But we don't know if the new ATH will happen the same as what we predict. It is too difficult to predict when it comes because bitcoin patterns will not be the same from time to time. We could only prepare for the coming of the bull run by buying a lot of satoshi from now on, so we don't miss the chance to sell bitcoin at a high price.
Perhaps, bitcoin price will touch $20k this year or next year, but to make a new ATH will still need more time. We don't know how high the next ATH, but I guess that the bitcoin price will pass $20k.
November 10, 2020, 10:14:27 PM
there really is no fixed timeframe for these things because bitcoin price rises are greatly affected by a lot of different factors (most of which involve factors affecting the adoption). for example anything that can speed up the adoption such as countries adopting bitcoin as a currency (eg. Japan in 2017) greatly increases the adoption speed and with it the price reaches the next ATH a lot faster. on the other hand opposite things that can slow down adoption greatly decrease the speed and increase the time it takes to reach the next ATH. for example the recent pandemic panic sell or a economic crash/recession could slow it down.
my guess is that the previous ATH will be broken next year in first couple of months and within first quarter we will see new ATH around $35k to $40k and by the end of 2021 we will have the final ATH above $50k and possibly around $100k.
my guess is that the previous ATH will be broken next year in first couple of months and within first quarter we will see new ATH around $35k to $40k and by the end of 2021 we will have the final ATH above $50k and possibly around $100k.
November 10, 2020, 06:58:39 PM
Its still declining if we go off of the closing daily bars, that doesnt have to be bearish because its quite slight and not yet contrary to a rising trend. It does show indecision and I find BTC quite often just drifts sideways after big moves, frustrating many who wish to speculate long or short greatly from that general ranged price. A constricting price range does point to a break in future most likely, but this is so familiar now in price history I dont think its going resolve neatly for me just yet.
Iam always too negative and conscious of that underestimation by myself on that count but its quite fair to observe price moves forwarding being checked. The consolidation appears negative short term as it involves revision of lower prices, the perception being of a fall even though we just register prices over a broader time line which is not especially negative. I only feel safe when we are in a channel, not been there for months now that I saw.
November 10, 2020, 03:05:28 PM
If you mean to repeat what happened, Bitcoin has broken its maximum peak at the end of the year 2016, rising above $ 1000, which means that the price must break the $ 20,000 barrier in the coming months to repeat what happened in the past.
It is hard for bitcoin to recored new ATH in this short time so bitcoin price can not be repeated every 4 years.
Actually the growth we saw earlier is not easy to achieve now because earlier the market was smaller and not that many investor, traders and holders existed. Now the market is very deep and even companies like paypal are coming into crypto so it makes the market very deep which means the rise in value of bitcoins is now not possible at the same rate as earlier.It is hard for bitcoin to recored new ATH in this short time so bitcoin price can not be repeated every 4 years.
According to the current market trend and technical analysis and there have been some remarkably aggressive buy signals in the market, so bitcoin should be able to reach $20K before the end of this year. We can't rely on emotions and feelings to predict bitcoin movement, decide it right now to buy or doing nothing, but seasonal traders who chase profits definitely buy into that with the hope to sell at $20K, we will see significant correction at that price mark.
It might but we do have some big resistances to overcome if we have to reach the ATH within this year, because those big resistance walls are not going to fall within weeks, it will take some time to come through them. November 10, 2020, 01:14:38 PM
If you realize history will repeat then it's enough for us to prepare for that moment, but if it's before the end of the year I'm personally not sure. I wonder if you have bought and hold bitcoin so far because the worry is no proper preparation to enter the bull market, so far very real changes have occurred even in times of crisis and difficulty due to the pandemic, so there is no doubt because however history will definitely repeat and of course with new higher records.
I just wish people would stop flooding Twitter and social media with all these bullish predictions, for some reason you know the market always seems to react best when there is zero good news or good sentiments.
On the other hand with all the silence in mempool for both ETH and BTC I suppose that is a good sign for us silent lurkers;)
Back to the topic, new ATH for Bitcoin might come next year as what the charts tell illustrated by speculators considering that we did actually touch almost $16k within this year. So I believe there will be a new ATH and Bitcoin will break a new record of ATH, we just don't know yet what price would it stop.
November 10, 2020, 01:11:26 PM
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 analysts have mentioned about the bitcoin price after the halving, and yes it is possible that a bull run and hit the 20k ATH is possible. almost the same cycle as last 2017. Also I hope Altcoin will move up together. Im sure, many trader prefer to waiting for Alt seasson.
Bitcoin halving ensures the continuous and health of bitcoins network, the cycle that always repeated after the halving is bitcoin reaches a new ATH. The last bitcoin ATH was $20,089 on December 17th, 2017 which means 36 days remaining until then, well the chances are quite remarkable to get at that mark. Nonetheless, bitcoin seems embedded in a sideways pattern in the last 3 days, considering RSI slightly above 50, it's neutral. At this point, this means could be a retrace back to ~$14K levels or the bullish pattern back in action again to break $16K resistance.
November 10, 2020, 12:24:01 PM
We look forward to it, everyone has the right to assume that bitcoin price will exceed $ 20,000. there is always a possibility based on the current conditions. The new ATH will come maybe the end of the year, or it could be in the middle of 2021. This is very likely to happen. and we will all watch it together. prepare your bitcoin pasoka from now on, sell some and the rest Hold.
November 10, 2020, 08:48:08 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.
Who knows? You and I are essentially guessing despite all the track records and patterns Bitcoin left all those years.
But it is possible that the previous ATH will repeat in the same month this year and eventually be broken right after. We seem to have all the reasons to believe that it will happen. There are large institutional investors which are now showing a lot of confidence in Bitcoin by having a good portion of their funds devoted to it.
November 10, 2020, 06:48:42 AM
If you realize history will repeat then it's enough for us to prepare for that moment, but if it's before the end of the year I'm personally not sure. I wonder if you have bought and hold bitcoin so far because the worry is no proper preparation to enter the bull market, so far very real changes have occurred even in times of crisis and difficulty due to the pandemic, so there is no doubt because however history will definitely repeat and of course with new higher records.
I just wish people would stop flooding Twitter and social media with all these bullish predictions, for some reason you know the market always seems to react best when there is zero good news or good sentiments.
On the other hand with all the silence in mempool for both ETH and BTC I suppose that is a good sign for us silent lurkers;)
November 10, 2020, 06:42:28 AM
Wasn't aware of the 3 year cycle you mentioned that it reaches the ATH every 3 years but I have a strong feeling that BTC will be easily crossing the ATH maybe if not by the end of this year since we are already so far into Q4 but surely in Q1 of 2021 we will see that happen. As a long term investor and a visionary investor I don't bother much about how much the price is increasing as long as it is increasing and is steady.
I remember how everyone scared me to sell all my coins when the massive drop happened earlier this year but I held on because I knew this is not the right time to sell and in even worst case scenario we can wait a couple years and get 15k easily and now see we are talking about ATH within the same year.
I remember how everyone scared me to sell all my coins when the massive drop happened earlier this year but I held on because I knew this is not the right time to sell and in even worst case scenario we can wait a couple years and get 15k easily and now see we are talking about ATH within the same year.
Good strategy. Long term investors always yield huge benefits in any type of asset class including crypto provided your selection of asset is based on its intrinsic value and your timing of investment is right.
November 10, 2020, 06:31:30 AM
I hope that it will happen already this year! But somehow it seems to me that it may be in 2021... Since March, there is an upward trend, and so far there have been no serious corrections... Therefore, I expect a price rollback, then recovery and conquest of new highs!
There will be a correction after jump so actually expecting ATH within this year is hard not just because it takes time to jump again after a correction, honestly speaking I would be glad and very positive if BTC can maintain the price around 15k by the end of this year. I am saying that because this year we saw even 5k and 4k prices so we can proudly say BTC jumped up to 10k from that mark and 15k by the year end will be a victory.ATH is not related with year range. Good news about bitcoin and the demand of investor for btc can make it anytime. We will see new ATH within this year, if the price don't fall back from the current base and increase like before.
Hopefully the price can stay true and I really wish there is no big drop before the end of the year because I am expecting big things next year and if a drop happens now it will again cause doubts while a solid 15k by the end will be really good. 
November 10, 2020, 05:47:30 AM
Wasn't aware of the 3 year cycle you mentioned that it reaches the ATH every 3 years but I have a strong feeling that BTC will be easily crossing the ATH maybe if not by the end of this year since we are already so far into Q4 but surely in Q1 of 2021 we will see that happen. As a long term investor and a visionary investor I don't bother much about how much the price is increasing as long as it is increasing and is steady.
I remember how everyone scared me to sell all my coins when the massive drop happened earlier this year but I held on because I knew this is not the right time to sell and in even worst case scenario we can wait a couple years and get 15k easily and now see we are talking about ATH within the same year.
I remember how everyone scared me to sell all my coins when the massive drop happened earlier this year but I held on because I knew this is not the right time to sell and in even worst case scenario we can wait a couple years and get 15k easily and now see we are talking about ATH within the same year.
November 10, 2020, 03:39:15 AM
Maybe it will but no one can give you the surety. The price of btc have increased nicely in last few weeks. Now bitcoin price staying at 15k usd range. So we aren't far away from 20k usd. ATH is not related with year range. Good news about bitcoin and the demand of investor for btc can make it anytime. We will see new ATH within this year, if the price don't fall back from the current base and increase like before.
November 10, 2020, 03:21:00 AM
I hope that it will happen already this year! But somehow it seems to me that it may be in 2021... Since March, there is an upward trend, and so far there have been no serious corrections... Therefore, I expect a price rollback, then recovery and conquest of new highs!
November 10, 2020, 02:01:51 AM
It can be said that history repeats itself, this is true, but not necessarily every three years, ِAlmost after all the halving.
If we go back to the history of Bitcoin we find that after each halving there is a new peak, if we go back to the previous halving, we find that it happened in the middle of 2016 and after about a year & several months, at the end of 2017, Bitcoin reached its highest peak in history.
Therefore, compared to the current halving, we find that Bitcoin is close to the top after only a few months, so it is not unlikely that Bitcoin will far surpass the previous peak and reach new ATH.
If we go back to the history of Bitcoin we find that after each halving there is a new peak, if we go back to the previous halving, we find that it happened in the middle of 2016 and after about a year & several months, at the end of 2017, Bitcoin reached its highest peak in history.
Therefore, compared to the current halving, we find that Bitcoin is close to the top after only a few months, so it is not unlikely that Bitcoin will far surpass the previous peak and reach new ATH.
November 10, 2020, 01:49:25 AM
even though now the price of Bitcoin is at the level of $ 15000,
if there was a PUMP of $ 5000 it was already above the ATH price in 2017,
of course this is very easy for Bitcoin, it's just that Bitcoin takes time to pump,
I'm still waiting for the pump to happen!
if there was a PUMP of $ 5000 it was already above the ATH price in 2017,
of course this is very easy for Bitcoin, it's just that Bitcoin takes time to pump,
I'm still waiting for the pump to happen!
November 10, 2020, 01:39:57 AM
According to the current market trend and technical analysis and there have been some remarkably aggressive buy signals in the market, so bitcoin should be able to reach $20K before the end of this year. We can't rely on emotions and feelings to predict bitcoin movement, decide it right now to buy or doing nothing, but seasonal traders who chase profits definitely buy into that with the hope to sell at $20K, we will see significant correction at that price mark.
November 10, 2020, 12:36:48 AM
With the current rate that we have, I believe Bitcoin could reach a higher high than in 2017. We will never know unless we are there. Many companies are switching to Bitcoin to keep their funds and possibly profit in the long run. A lot more companies would probably follow, and if you would be lucky enough to have bought earlier, it would already be a profit. It's a win already.
Just make sure you are ready to risk what you can afford, and then, you would be happy when you profit, and there will be accepted when you lose. Let's see the price soon.
Just make sure you are ready to risk what you can afford, and then, you would be happy when you profit, and there will be accepted when you lose. Let's see the price soon.
November 10, 2020, 12:32:52 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.
If calculated from 2018 to 2020, it has been 3 years that BTC has decreased below $ 19k,
if history repeats itself then 2021 is the beginning of a revival to a new All-Time High,
I can't wait to see bitcoin prices above $ 19k.
November 09, 2020, 03:20:44 PM
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.
You had mentioned that no one would ever know but how the hell on presuming that on every 3 years Bitcoin would reach out new ATH?
It might happened in the past but doesnt mean that it would happen in the future but 20k isnt really that too far imho and we do only have 1 month
left before this year ends but i cant see that we would really able to touch that number.
Instead on stressing out yourself then better to position yourself for possible profit making opportunity.
November 09, 2020, 02:43:16 PM
It is hard for bitcoin to recored new ATH in this short time so bitcoin price can not be repeated every 4 years.
In November the 12nd, 2017, the price of a single Bitcoin was $5585. In December, it peaked at almost $20000.
Today is November the 9th, why do you think it is so hard for bitcoin to break the ATH, being the price at this moment over $15000?
On the other hand, "History always repeats itself" is quite a popular sentence, but it's also known that "Past performance does not guarantee future results"...
Anyway, I wish we maintain the 3 years pace and break it next month (or this one, why not?)
November 09, 2020, 02:32:42 PM
If you mean to repeat what happened, Bitcoin has broken its maximum peak at the end of the year 2016, rising above $ 1000, which means that the price must break the $ 20,000 barrier in the coming months to repeat what happened in the past.
It is hard for bitcoin to recored new ATH in this short time so bitcoin price can not be repeated every 4 years.
It is hard for bitcoin to recored new ATH in this short time so bitcoin price can not be repeated every 4 years.
November 08, 2020, 07:00:03 PM
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.
Who knows but let see seems there are so many good happenings right now and positively it brings hype that's why we see some good price pump these days, so best to watch and get in position to earn these days since for sure there are more pump coming ahead since the current flow is promising and might we can see some good action in the market in the next months.
November 08, 2020, 03:47:44 PM
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.
We can't do anything with that but to wait until it comes by surprise. End of 2020 or not, we have all the same hope that there will be another all-time high but it's very unknown and we can't guess when it will happen until it finally happens.If it breaks 2017's ATH by the end of this year, then it's selling time. But if something like that didn't happened, we'll just continue our lives and keep holding. The news are becoming positive because of the adoption coming from prominent companies and that will create the positive outlook that ATH is imminent.
November 08, 2020, 03:44:23 PM
If you realize history will repeat then it's enough for us to prepare for that moment, but if it's before the end of the year I'm personally not sure. I wonder if you have bought and hold bitcoin so far because the worry is no proper preparation to enter the bull market, so far very real changes have occurred even in times of crisis and difficulty due to the pandemic, so there is no doubt because however history will definitely repeat and of course with new higher records.
November 08, 2020, 12:02:43 PM
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.
Who knows? Bitcoin might be or not for the year 2020, but that doesn't mean it will not increase next year or in the next next year or so. Even we didn't say "history always repeat itself" bitcoin will always be since it was designed as a limited resource and with the law of supply and demand, we can assume it will tank high in more years to come. The only question is when.
Well said! BTC was designed to work as hedge against inflation that is why its maximum supply can never go beyond 21 Million. We will see BTC flying to moon in the years to come, I have no doubt about it.
November 08, 2020, 10:18:10 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.
Who knows? Bitcoin might be or not for the year 2020, but that doesn't mean it will not increase next year or in the next next year or so. Even we didn't say "history always repeat itself" bitcoin will always be since it was designed as a limited resource and with the law of supply and demand, we can assume it will tank high in more years to come. The only question is when.
November 08, 2020, 09:58:17 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.
I really dont care, I just like what he is doing right now, enjoy this, sell some and keep lean back and enjoy this amazing time
November 08, 2020, 09:38:17 AM
I think this should be posted on the Speculation board.
It could be yes or could be no, no really knows what will happen to the price of Bitcoin at the end of this year. Repeat the price itself was a long time rumor that will happen again. But I have a strong feeling that it will be, we had currently broken and resist the highest price in the market cap $15k last few days ago and I think $20k is very possible to happen.
Let's see and wait, people now are very optimistic that there's a new ATH will happen beyond $20k.
It could be yes or could be no, no really knows what will happen to the price of Bitcoin at the end of this year. Repeat the price itself was a long time rumor that will happen again. But I have a strong feeling that it will be, we had currently broken and resist the highest price in the market cap $15k last few days ago and I think $20k is very possible to happen.
Let's see and wait, people now are very optimistic that there's a new ATH will happen beyond $20k.
November 08, 2020, 09:24:15 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.
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