Will bitcoin touch $15K till end of 2020? - page 5.

darewaller

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Quote from: peter0425 on July 28, 2020, 06:31:46 AM

There is a possibility always mate but Don't put yourself unto It because the more you expect is the more chances of being a loser.
I have been in this market for years thats why i know how to treat this investments.

let us Be contented mate and never be to greedy,if the money you invested here is amount that you can afford then it is fine to keep it all,but if you need cash?better sell first now and come back another time when dump happens.

I think it would be pretty easy to touch 15k within this year because we are already moving so positively and much quicker than expected and there are still so many months to go, I am actually expecting the price to 15k around November-December and then a quick drop around the new year and then again some solidity rise slowly in the next year.

I don't think anyone should sell now days looking at the market unless you desperately need some money for daily needs because you might be missing out on a easy 10-15% profit the way the chart is moving upwards, although I understand some people need money badly because of lockdowns and all so yeah some might cash it, but not worth it if you can hold on.

bitgolden

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Looks like it totally can! And that gives me a lot of hope, I have been waiting for bitcoin to increase for a long time now and I feel like this is actually a great time to be involved, right now it looks like the bulls are coming back and the price will go up again. I am feeling super excited about our chances to actually break the all time high again, that is why I am so surprised and shocked that the increase was so sudden as well.

Let's hope that this continues, sometimes the prices just increase and they do not continue for a long time, sometimes even fall right afterwards, I hope that doesn't happen this time, I really hope that we get to see the bitcoin price go up instead of fall. This bull run could be sustainable if the economy in the world recovers as well.

DaveF

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Gold is up close to 10% in the last 10 days
Silver is up over 20% in the last 10 days
Platinum is up 10% in the last 10 days
Palladium is up over 10% in the last 10 days
BTC is up the same in that time.

I am really starting to think it's just following the metals market more then anything else at the moment.
I guess people are just looking for a safe place to store money.

-Dave

okala

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As at today bitcoin only have few thousand dollars to go and I think it might get so good that before end of this year bitcoin might be above $20,000. I am seeing the same patterns of 2017 playout again .

STT

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Hard to say for a final destination but we can look at the structure and strength of the action to BTC during this rise. I believe once again today price has action bullish, we confirming prices in a way that resembles staircase, flat, rise, climbing up a quite large rise upwards. Seems to be the market wants to be alot higher for guesses of 15k we need to look at the weekly bars, last week was good and it led to this.
Today we held 10500 which was a prior top, so for week total look for it to hold this in general and call it bullish if managing to do so. Each solid step takes you closer to that target seems like.

Taskford

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Quote from: casperBGD on July 28, 2020, 06:36:58 AM

Quote from: peter0425 on July 28, 2020, 06:31:46 AM

There is a possibility always mate but Don't put yourself unto It because the more you expect is the more chances of being a loser.
I have been in this market for years thats why i know how to treat this investments.

let us Be contented mate and never be to greedy,if the money you invested here is amount that you can afford then it is fine to keep it all,but if you need cash?better sell first now and come back another time when dump happens.

agree totally, always know your limits and invest what you can lose, do not expect for a 10x rise, adjust your expectation with what market can deliver and deal with those numbers, greed could take you down, it is not like we are on the top, but you never know when the market will go down, and you should be ready to sell before the moment goes
do your own analysis prior to investment, always

Actually it's good to look for a good future and see bitcoin price would rise for that price since if we look back on the past history many people doesn't trust the bitcoins to much but their are few people believing on it and earn millions of fortune when price surge so high. So maybe we can see this scenario again but the thing here is we should not easy get caught for simple hype and if you cannot afford to lose bet the exact extra amount where you can afford to lose.

somac.

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Quote from: bolawin on July 27, 2020, 10:43:53 PM

But are you willing to buy bitcoin at 15k?

Seriously, this question is idiotic. So long as I am earning an income I will buy Bitcoin at 100k or even a million. Stop thinking of Bitcoin as some kind of get rich Ponzi scheme where you have to get in early. It is a place to protect your earned labor, in other words, a place to "save" your money. Just like when there was a time when you saved your labor in the form of gold and other precious items.

Bitcoin will protect you from the owners of capital. They can not confiscate your bitcoin, they can not print more of it, they can not destroy it by counterfeiting. Hell, if you can keep your mouth shut and purchase wisely they won't even know you have it.

Harlot

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I think the general answer for price predictions particularly the long term ones is that we don't know since there is a lot of things we need to factor in that we haven't think about yet making a price prediction now would be highly inaccurate. One of the best example there is Bitcoin's halving where a lot of people predicted that it will trigger a FOMO because it affects the "supply" and for other various reasons but even after months from the halving date we still have not see Bitcoin go up in value. Maybe the best way to accurate predict Bitcoin's price movement is just by looking at their charts in a short term view not ranging more than a month of what you are trying to predict.

Botnake

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Honestly, the movement I saw was very fast, we just break the $10k and we shoot up to $11k, so I would not limit to myself the possibility that bitcoin will reach $15k this year. The thing is, we are still investing in the same market, the market that is easily affected by FUD, FOMO, and manipulation, so even in a short span of time, $15k should not be hard to achieve when the market will have the same behavior as we are seeing now.

casperBGD

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Quote from: peter0425 on July 28, 2020, 06:31:46 AM

There is a possibility always mate but Don't put yourself unto It because the more you expect is the more chances of being a loser.
I have been in this market for years thats why i know how to treat this investments.

let us Be contented mate and never be to greedy,if the money you invested here is amount that you can afford then it is fine to keep it all,but if you need cash?better sell first now and come back another time when dump happens.

agree totally, always know your limits and invest what you can lose, do not expect for a 10x rise, adjust your expectation with what market can deliver and deal with those numbers, greed could take you down, it is not like we are on the top, but you never know when the market will go down, and you should be ready to sell before the moment goes
do your own analysis prior to investment, always

peter0425

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There is a possibility always mate but Don't put yourself unto It because the more you expect is the more chances of being a loser.
I have been in this market for years thats why i know how to treat this investments.

let us Be contented mate and never be to greedy,if the money you invested here is amount that you can afford then it is fine to keep it all,but if you need cash?better sell first now and come back another time when dump happens.

Reatim

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Quote from: CryptoDost on July 27, 2020, 10:33:36 AM

There is still higher prediction about Bitcoin price, I didn't predict too high price but I believe that bitcoin should touch or Crossed $15K Till end of 2020. What's your prediction about it ? Is it happen or not?

Piece of advice mate,never look for too much specially in this volatile market and also together having Pandemic.
if i were you?i will enjoy this $11,000 crossing than seeking for that 15k but will only breaking down again.

the price now are dropping because for sure holders are selling their coins for safeties since correction always follow the Pump.

Quote from: bolawin on July 27, 2020, 10:43:53 PM

But are you willing to buy bitcoin at 15k?

For me?if i think that the Bull run is happening?

I don't care how much the price of bitcoin because this have been reached 20,000 so what more that 15,000 specially in this Halving season?

ololajulo

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Is like the market is following a script and read in the messari new how important altcoin is to the next bull run. It is predicted that ethereum might still have to lead the market run before others. However, the DEFI coins are doing so well with ethereum and other top altcoin to make the market attrative. the ground is well prepare. More institutions investment and new technology but we need the pandemic to go to have a healthier crypto ecosystem

maydna

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Quote from: bolawin on July 27, 2020, 10:43:53 PM

But are you willing to buy bitcoin at 15k?

Not us, but other people out there because we already buy bitcoin at a low price. But if $15k will be the lowest price after bitcoin price touch more than $17,500, then yes, I will repurchase bitcoin and hold it. I am sure that if the price can increase more than $20k, the price will go down, and sometimes, the flash dump will happen, and the price will have a chance to go down to $15k. After reaching $15k, the price will increase to the higher rate again, so buying $15k will be reasonable for me because I can make another profit from the increases.

bitbollo

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Quote from: CryptoDost on July 27, 2020, 10:33:36 AM

There is still higher prediction about Bitcoin price, I didn't predict too high price but I believe that bitcoin should touch or Crossed $15K Till end of 2020. What's your prediction about it ? Is it happen or not?

I think that our prediction are useless, since anyone has an idea (supported or not with some facts).
However , COVID19, weak USD, strong GOLD created a new condition for the market, and we are all seeing this.
All markets have been "shake" with some people that made enormous profit, meanwhile others are totally out of games.

It could be possible that bitcoin gain more value in this situation? I think yes.
It's always hard predict a value, or speculate on it. Since in 2017 during the pump value grow by 800% /1500% in just few months.
From 1k to 17K . What we have seen was totally insane, very hard to predict.
Let's see this time. Most of these big pump are just FOMO and as @serjent05 says isn't just a barrier break but there is also a price that should to be supported Wink

serjent05

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Quote from: CryptoDost on July 27, 2020, 10:33:36 AM

There is still higher prediction about Bitcoin price, I didn't predict too high price but I believe that bitcoin should touch or Crossed $15K Till end of 2020. What's your prediction about it ? Is it happen or not?

The question of whether Bitcoin price will cross $15k at the end of 2020 is not much of importance, IMHO. We should be thinking and ask whether Bitcoin will be able to support the price at $15k if it touches it. There is a huge possibility that Bitcoin will break the $15k barrier if the market continues to be as lively as this. But the most concerning is whether it will be able to maintain the $15k price or will it crash going back to sub $10k prices.

btc_angela

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Quote from: CryptoDost on July 27, 2020, 10:33:36 AM

There is still higher prediction about Bitcoin price, I didn't predict too high price but I believe that bitcoin should touch or Crossed $15K Till end of 2020. What's your prediction about it ? Is it happen or not?

At the way the market moves in the last 2 days? Yes, there is a possibility, just last 48 hours it increase like $1k, volume grows, more people started to go trading again. I saw the price goes as high as ~$11.3k today, indicating that anything is really possible to grow big. And we still have like 5 months before the end of the year, many things can happen, maybe we will not just see $15k but more than that. Just wait and let the market flow it's natural course, you will be surprise. Grin

@slaman29 - maybe there's a selling pressure on most alts now, perhaps they've read their resistance and threshold and alt investors began to shift to bitcoin again.

slaman29

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Well, I didn't think we would be touching 11k but here we are right now, and this is the 3rd headline I'm seeing today with $15k with all having different sources hmm! I personally hope it doesn't happen so soon, I'm not done with my 1 BTC target:(

Strangely though alts are still a bit slow to catch up, what do you think is happening now?

OrangeII

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I hope it really happens. however, when the price of bitcoin reaches the price of $ 15k, new hope will emerge, and that is a good start for the year 2021. most likely bitcoin reached ATH is so great. however, that might change people back to highlighting bitcoin.

bolawin

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But are you willing to buy bitcoin at 15k?

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