Bitcoin Forum

Economy => Speculation => Topic started by: Qcrypto on November 05, 2020, 03:52:41 PM



Title: Just in - Bitcoin at $15 000
Post by: Qcrypto on November 05, 2020, 03:52:41 PM
With all the bad things that 2020 is throwing at us, Bitcoin breakout is one of the most positive things.

Not long ago, when BTC reached 13k then 14k, there were heavy talks and doubts on 20k BTC by the end of the year.

We are just starting the November month and Bitcoin already reached its ATH. With 45 days left in this year, $20 000 does not seem that impossible all of a sudden.

https://i.imgur.com/XhMbdX0.png

Source: Binance (https://www.binance.com/en/legacy/pro/BTC_USDT)


Title: Re: Just in - Bitcoin at $15 000
Post by: error08 on November 05, 2020, 05:09:21 PM
Amazing achievement if I may say for early November as many traders expected bitcoin to reach $15K by the end of the month but actually it's not.
and not just test the resistance level at $15K, it keeps on the rally to $15,200 and market sentiment still at strong buy which means it could reach the higher mark before the end of the day.


Title: Re: Just in - Bitcoin at $15 000
Post by: Fortify on November 05, 2020, 07:25:49 PM
It's amazing to see it jump through $14k and now $15k within the space of a week. At this rate it could be on track to $20k during 2021. It has definitely become a more investable asset now that Paypal have announced they will be offering it (albeit they do not allow moving funds in or out of their ecosystem). Lots of fund managers can now point to that decision when in front of their clients and will probably be happy to have another place to move their clients money, especially with all the volatility within the USA and Europe. Lots of people are looking for a currency that can easily move across borders and bitcoin does seem like the perfect answer at the moment, provided the fees don't creep up too much.


Title: Re: Just in - Bitcoin at $15 000
Post by: Qcrypto on November 05, 2020, 11:22:13 PM
And now we are 2/3 of the way to $16k. BTC +11% gain today.


Title: Re: Just in - Bitcoin at $15 000
Post by: goinmerry on November 05, 2020, 11:52:35 PM
With all the bad things that 2020 is throwing at us, Bitcoin breakout is one of the most positive things.

Not long ago, when BTC reached 13k then 14k, there were heavy talks and doubts on 20k BTC by the end of the year.

We are just starting the November month and Bitcoin already reached its ATH. With 45 days left in this year, $20 000 does not seem that impossible all of a sudden.

Not actually hoping here if ATH will be reached or not this year.

What matters is, bitcoin is showing continuous good price movement and we can expect that the positivity will be rise more as it progresses.

We should not just focus on hoping to reach ATH but to have strong resistance at every level. We don't want to experience again the 2018 bearish market.


Title: Re: Just in - Bitcoin at $15 000
Post by: Wulan_maniez on November 06, 2020, 12:00:16 AM
I saw Bitcoin this second at a price of $ 15,587 in 24 hours. It’s been really amazing for several weeks, from October bitcoin keeps jumping. It seems that the demand for bitcoin is getting higher The number of communities in the crypto circle is increasing, many merchants and online shops are accepting bitcoin as a means of payment and we are likely to see that the price of bitcoin will be much higher and is it possible to reach $ 20,000?


Title: Re: Just in - Bitcoin at $15 000
Post by: Edwardard on November 06, 2020, 12:27:03 AM
I saw Bitcoin this second at a price of $ 15,587 in 24 hours. It’s been really amazing for several weeks, from October bitcoin keeps jumping. It seems that the demand for bitcoin is getting higher The number of communities in the crypto circle is increasing, many merchants and online shops are accepting bitcoin as a means of payment and we are likely to see that the price of bitcoin will be much higher and is it possible to reach $ 20,000?
Technically speaking, There is another resistance at 16k now, so there is a chance of slight correction or another sideways in a new range for another few weeks then the market will again decide its direction, but yea most likely gonna be up,
Paypal who was against bitcoin a few years back has now started accepting bitcoin, lol even they understood the power of btc.
If you see the major markets like Dow Jones, S&P 500, Gold, Silver, Nifty 50, Sensex, all of them always go up in the long term and bitcoin is no exception (meanwhile bitcoin is still so small that it can outperform all these assets for coming years very easily)


Title: Re: Just in - Bitcoin at $15 000
Post by: crwth on November 06, 2020, 12:39:14 AM
There seem to be more speculators with Bitcoin, and reaching an ATH is a sign that this year is different from last year. Almost all of the HODLERS may be happy with this, but it's still not yet the time they would sell, IMO. Reaching the $430 billion market cap is exciting. It's going to increase more for sure. Hopefully.


Title: Re: Just in - Bitcoin at $15 000
Post by: coin-investor on November 06, 2020, 01:03:43 AM
I envy those who bought Bitcoin when it hit $5000 the lowest that we had this year, it's just proved one thing no matter the situation, and the circumstances, the market will eventually recover and will go on what it intended to be, I'm just hoping that if there is a correction it's not going to go down to the $14k level, people are now comfortable buying and the buy order is very strong.


Title: Re: Just in - Bitcoin at $15 000
Post by: tabas on November 06, 2020, 01:06:45 AM
Another just in: $15,800 about to cross $16,000 at any moment from now on.
Not long ago, when BTC reached 13k then 14k, there were heavy talks and doubts on 20k BTC by the end of the year.
Just get used to it, we cannot satisfy those people that are always telling things like that about bitcoin. You will see them again if bitcoin reaches $20,000 then they will tell that it cannot break $25,000 - $30,000 and so on.


Title: Re: Just in - Bitcoin at $15 000
Post by: maxreish on November 06, 2020, 01:14:39 AM

We are just starting the November month and Bitcoin already reached its ATH. With 45 days left in this year, $20 000 does not seem that impossible all of a sudden.

Next target is $17k usd that's why it's not hard to reach $20k again and that's  a good news.
Others said it was the us presidential election that triggered this bull run. However, we've been waiting for this for so long as previous months bear season finally ended.

If it could test the second major reaitance at $16,700, expect another bull run for btc. Indeed a good start for the month of November.


Title: Re: Just in - Bitcoin at $15 000
Post by: maydna on November 06, 2020, 03:35:27 AM
Next target is $17k usd that's why it's not hard to reach $20k again and that's a good news.

Perhaps, $16k will be the next target of bitcoin price to reach because bitcoin price does not yet touch that price. Sooner or later, the bitcoin price will touch that price, and I think that can happen this month. But to reach $17k, it still a mystery, and we don't know when that can happen. I am sure that people who bought at $10k and hold it can sell it right now and make more than $5k off the profit because it is their reward for holding bitcoin for some time. We can wait for another correction of the bitcoin price, and perhaps, it will come soon. Perhaps, it is a sign for the bull run to come to us since we have almost 2 months to see the new year.


Title: Re: Just in - Bitcoin at $15 000
Post by: adaseb on November 06, 2020, 04:54:38 AM
There really are no targets. The way how wicky Bitcoin was back in Dec-Jan 2018, the prices vary on most exchanges and hard to pick a resistance level. Basically $20K is the next resistance level, maybe $19950 or whichever it was.

Will it break $20K? Who knows. One thing that worries me is people calling for $50K or $100K or even $300K bitcoin and such. This leads me to believe we might go to like $19999 and start to pull back and basically found a double top. When too many people are bullish its never a good thing. Wonder if $16K was the top, seems the funding is getting way too positive and usually unless $16K breaks in the next day or so, we might get a $1-2K pullback soon.


Title: Re: Just in - Bitcoin at $15 000
Post by: GeorgeJohn on November 06, 2020, 06:29:34 AM
It seems that the demand for bitcoin is getting higher The number of communities in the crypto circle is increasing, many merchants and online shops are accepting bitcoin as a means of payment and we are likely to see that the price of bitcoin will be much higher and is it possible to reach $ 20,000?

Bitcoin will definitely get to $20k because provided that many countries are interested to accept bitcoin as means of transactions and payment, I strongly believe that demands of bitcoin is so high or needful across the countries, early these year many predictors has been emphasising on rise of btc definitely it will approach to $20k before these year will run down.


Title: Re: Just in - Bitcoin at $15 000
Post by: GreatArkansas on November 06, 2020, 06:57:38 AM
(....)
Bitcoin will definitely get to $20k because provided that many countries are interested to accept bitcoin as means of transactions and payment, I strongly believe that demands of bitcoin is so high or needful across the countries, early these year many predictors has been emphasising on rise of btc definitely it will approach to $20k before these year will run down.
I don't think so about the reason for "means of transactions and payment" will be fit right this time of price of Bitcoin and the reason why it will reach the new all-time-high price of Bitcoin. For me, it's all MONEY, a lot of people will be Fear Of Missing Out (FOMO), and that FOMO will lead to the all-time-high of Bitcoin this time. But I don't want to happen it, I want a healthy run for Bitcoin.


Title: Re: Just in - Bitcoin at $15 000
Post by: slaman29 on November 06, 2020, 07:46:20 AM
And who knows, before this post turns 24 hours we might even see $16k, I mean since the morning to afternoon it's just been making new highs and was 15980 on some sites I saw (just at a few dollar volume).

Hope this Fomo doesn't kick in so soon! Need more BTC in my life first;)


Title: Re: Just in - Bitcoin at $15 000
Post by: Qcrypto on November 06, 2020, 12:08:42 PM

We are just starting the November month and Bitcoin already reached its ATH. With 45 days left in this year, $20 000 does not seem that impossible all of a sudden.

Next target is $17k usd that's why it's not hard to reach $20k again and that's  a good news.
Others said it was the us presidential election that triggered this bull run. However, we've been waiting for this for so long as previous months bear season finally ended.

If it could test the second major reaitance at $16,700, expect another bull run for btc. Indeed a good start for the month of November.

My friends always ask me the reason Bitcoin is going up, everytime it goes up. Since I'm the only one they know in blockchain and crypto world.
Sometimes I say it's the news like PayPal, Banks, Big investors or presidential election, but to be honest I don't really know what triggers this.
It's speculation, the only thing we know is that someone is buying BTC at much higher rate than usual. I'm just happy that it's happening.

What I'm trying to say is... thanks for the suggestion, the bolded text.
Next time they drill me about why is "this and this" happening in crypto world I will just say 'it's the elections  :D'


Title: Re: Just in - Bitcoin at $15 000
Post by: jaberwock on November 06, 2020, 12:51:22 PM
We are going towards, $16k which is a number we haven't seen in a long long time, that $20k ATH looking like a snack right now and we are so close to it. All those people who got involved just a month or so ago has made 50%+ profit just with bitcoin and that is really one of the best investments anyone could make right now during a pandemic period.

I know that people are worried that we have gone up a lot and to be honest with you last time we have hit $20k it took us a year and a half but we bottomed at $3k so I understand why people could be worried about price dropping eventually.

However I feel like this is different, I feel like we have reached to a point where I doubt we will ever be under $5k ever again in our history, we have established a lot stronger base this time around.


Title: Re: Just in - Bitcoin at $15 000
Post by: plr on November 06, 2020, 04:09:41 PM
I saw Bitcoin this second at a price of $ 15,587 in 24 hours. It’s been really amazing for several weeks, from October bitcoin keeps jumping. It seems that the demand for bitcoin is getting higher The number of communities in the crypto circle is increasing, many merchants and online shops are accepting bitcoin as a means of payment and we are likely to see that the price of bitcoin will be much higher and is it possible to reach $ 20,000?

From now until the end of this year things are going to be excited and this is the best time to check the price from time to time, Bitcoin is gaining ground but not the majority of the altcoin, I would like to see some of the altcoins I'm holding to pick up the price, like what happened back 2017. 


Title: Re: Just in - Bitcoin at $15 000
Post by: maydna on November 07, 2020, 03:42:48 AM
It's crazy, BTC to the moon!

Not yet. Please calm down first because bitcoin is not ready to go to the moon. Bitcoin price does not yet touch $19k this year, so we must wait for more because the price is still trying to increase the price step by step. The bitcoin movements are good, and the price can increase significantly, so that will give a chance for bitcoin to rise higher in the next week. I guess we will see many times of uptrend and downtrend for bitcoin price, and if you are not ready with the situations, you will miss the chance to buy low and sell high. But you still have an opportunity to make a profit in the long-term.


Title: Re: Just in - Bitcoin at $15 000
Post by: sayaya17 on November 07, 2020, 04:40:55 AM
Positive sentiment and bullish conditions in the crypto market led many investors to buy Bitcoin. When the price of bitcoin was still between $9,500 to $10,800,
two months ago a large institutional company bought Bitcoin, one of which was financial services company Square which bought Bitcoin when the price was between $10,600 as much as 4,709 btc, this made bitcoin increasingly move to the top level. Then on October 21, 2020, when the price of Bitcoin was still between $12,300, PayPal announced it would adopt the cryptocurrency. This news makes the crypto market more positive. Until now, bitcoin could be at $15,570 with a 24-hour.
It is possible that if there is a lot of positive news, bitcoin will continue its price to $ 17k even up to $ 20k.


Title: Re: Just in - Bitcoin at $15 000
Post by: Poker Player on November 07, 2020, 05:11:48 AM
Positive sentiment and bullish conditions in the crypto market led many investors to buy Bitcoin. When the price of bitcoin was still between $9,500 to $10,800,
two months ago a large institutional company bought Bitcoin, one of which was financial services company Square which bought Bitcoin when the price was between $10,600 as much as 4,709 btc, this made bitcoin increasingly move to the top level. Then on October 21, 2020, when the price of Bitcoin was still between $12,300, PayPal announced it would adopt the cryptocurrency. This news makes the crypto market more positive. Until now, bitcoin could be at $15,570 with a 24-hour.
It is possible that if there is a lot of positive news, bitcoin will continue its price to $ 17k even up to $ 20k.

Yes, there is a lot of news like that that points to the price going up. The technical analysis as well, it seems that $10,000 is a support that's never again going to be broken, no matter how much there are going to be setbacks in the rise.

We can't know for sure if it will reach $20,000 this year, but it looks like it will.


Title: Re: Just in - Bitcoin at $15 000
Post by: kentrolla on November 07, 2020, 06:05:59 AM
It's heading towards 20k again who knows it may go up more than that, the market is super hot right now as everyday we are seeing positive trends and buyers are jumping into it. From April to now it's has pumped nearly 10k and still there are peoples blaming Bitcoin as scam, what I realized is BTC is giving opportunity for everyone and those who invest in BTC they deserve the reward.


Title: Re: Just in - Bitcoin at $15 000
Post by: cryptomaniac_xxx on November 07, 2020, 07:01:39 AM
It's seems that we have settled at $15,500 for now, so this will be the support and $16k will be the resistance. The good news is that we are far from the end of this year, there are a lot of events that can push the price to ever further, but all time high is out of the picture, it could be achieved in 2021 as the price cant' go on parabolic rise unless we do see a bubble. So don't get excited, there's no mooning yet this 2020.


Title: Re: Just in - Bitcoin at $15 000
Post by: bitgolden on November 07, 2020, 04:49:57 PM
I would like to warn people who think that it is going to 20k to be careful about what they are doing. I am not against holding bitcoin right now, if you bought bitcoin earlier in the year and if you are in profit, it is wise to keep your bitcoins right now instead of selling them and you could put a stop loss at 15k for example which means in case it drops under 15k you will sell and get out.

However if you think it will get to 20k and you want to buy more bitcoins right now, that could be a risky move, things are moving very fast right now and at 15.5k today we are talking about potentially going to 20k in a week but we are also talking about a big correction coming up as well, maybe it will take us under 13k once again? Maybe we will push higher than 20k? We do not know what will happen.


Title: Re: Just in - Bitcoin at $15 000
Post by: maydna on November 08, 2020, 04:16:59 AM
So what you suggest, those who bought bitcoin around 10K, should sell at this moment or should they wait for 16$ and beyond ?

I suggest they sell some satoshi they have, so they can have a chance to buy back more satoshi at a lower price. We know that the bitcoin price will adjust and down to a lower price after it reaches the high price, so he will have the opportunity to buy more amount with his funds. But if he is willing to wait for more until the bitcoin price reaches $16k, it will be no problem for him, but he needs to manage his emotion to see the price will fluctuate, and he needs to prevent the panic. At least, their profit now is good and don't wait too long to sell it and enjoy the profit, and he can buy back again later once the price is down deep.


Title: Re: Just in - Bitcoin at $15 000
Post by: adaseb on November 08, 2020, 04:27:33 AM
So what you suggest, those who bought bitcoin around 10K, should sell at this moment or should they wait for 16$ and beyond ?

I suggest they sell some satoshi they have, so they can have a chance to buy back more satoshi at a lower price. We know that the bitcoin price will adjust and down to a lower price after it reaches the high price, so he will have the opportunity to buy more amount with his funds. But if he is willing to wait for more until the bitcoin price reaches $16k, it will be no problem for him, but he needs to manage his emotion to see the price will fluctuate, and he needs to prevent the panic. At least, their profit now is good and don't wait too long to sell it and enjoy the profit, and he can buy back again later once the price is down deep.

You can do this however eventually you will not be able to buy back lower or you will buy back lower and it won't go any higher. This is pretty much what everyone is doing right now. However look at bitcoin cycles in the past. Look in 2013 how fast it went from $250 to $1100 and look what happened when it went from $1000 to $20000. There are periods usually right before the blow off top where its very difficult to buy the dip.

Hence this is not always a great strategy because you will most likely miss out on huge gains just to get a better average price by a few % or you will be left holding the bag because it might never make newer highs. So its not a good strategy at all but it seems everybody is doing it. I guess its a psychological thing, people want to sell the high and buy the bottom. However this is very diffciult to do profitabily.


Title: Re: Just in - Bitcoin at $15 000
Post by: Janation on November 08, 2020, 04:35:07 AM
In the past years, the last quarter of the years are usually bull.

The recent years, we are not seeing that but this year might be different. We might be able to see a bullish market through the end of the year. Hope it lasts until the start of 2021, that would be a great start.


Title: Re: Just in - Bitcoin at $15 000
Post by: Smitty Werben Man Jensen on November 08, 2020, 06:06:55 AM
In the past years, the last quarter of the years are usually bull.

The recent years, we are not seeing that but this year might be different. We might be able to see a bullish market through the end of the year. Hope it lasts until the start of 2021, that would be a great start.
end of the year is usually bullish for Bitcoin, but for end-of-year altcoins are very bad,
altcoins usually rise in the early Q1 of the year, maybe early 2021 will be attractive to altcoins, don't forget to buy altcoins.
now Bitcoin is being corrected, if it manages to hold on to the support it will rise again.


Title: Re: Just in - Bitcoin at $15 000
Post by: maydna on November 08, 2020, 07:27:34 AM
~snip~

You can do this however eventually you will not be able to buy back lower or you will buy back lower and it won't go any higher. This is pretty much what everyone is doing right now. However look at bitcoin cycles in the past. Look in 2013 how fast it went from $250 to $1100 and look what happened when it went from $1000 to $20000. There are periods usually right before the blow off top where its very difficult to buy the dip.

Hence this is not always a great strategy because you will most likely miss out on huge gains just to get a better average price by a few % or you will be left holding the bag because it might never make newer highs. So its not a good strategy at all but it seems everybody is doing it. I guess its a psychological thing, people want to sell the high and buy the bottom. However this is very diffciult to do profitabily.

He can buy bitcoin at a lower price, but not lower than $10k unless, at that time, the big dump is coming at the market. If he can see the opportunity of that big dump, he will get more amount of bitcoin by buying at that time. But I guess we don't know if the big dump or big correction of the price will comes later or not. Perhaps, the dump will always happen, but we can't predict how deep the price will go down.

Perhaps, he can hold bitcoin and not sell if he is waiting for $19k to sell. But that will be unknown since we don't know when the target price will be reached. If he doesn't have patience, I am afraid that he will be weak hand and sell his bitcoin out of his target sell price.


Title: Re: Just in - Bitcoin at $15 000
Post by: btc_angela on November 08, 2020, 09:09:06 AM
In the past years, the last quarter of the years are usually bull.

Yeah, since I joined early 2017, I noticed that December specially before Christmas, we will see some spike in the price.

The recent years, we are not seeing that but this year might be different. We might be able to see a bullish market through the end of the year. Hope it lasts until the start of 2021, that would be a great start.

We have seen it, but what makes it different is that 2018-2019 was a bullish year, hence, we also see some spike but it doesn't make any difference since the market is really down. But this year, we're also bullish so I'm seeing another December but this time the price could be in the $16k++.


Title: Re: Just in - Bitcoin at $15 000
Post by: beerlover on November 08, 2020, 05:57:30 PM
In the past years, the last quarter of the years are usually bull.

The recent years, we are not seeing that but this year might be different. We might be able to see a bullish market through the end of the year. Hope it lasts until the start of 2021, that would be a great start.
end of the year is usually bullish for Bitcoin, but for end-of-year altcoins are very bad,
altcoins usually rise in the early Q1 of the year, maybe early 2021 will be attractive to altcoins, don't forget to buy altcoins.
now Bitcoin is being corrected, if it manages to hold on to the support it will rise again.
I do not agree that end of the year is usually bullish for bitcoin, it is rarely bullish for bitcoin, it is usually quite bearish for bitcoin in almost every year except just one year in our history, 2017. Look at 2014 for example, for the first time ever bitcoin peaked over 1k and reached 1.4k during November, crashed at December to be lower before the year starts, look at 2018 for example, started the year at around 15k levels, dropped as much as 6.5k and because of bch/bsv deals the price bottomed at 3k before the year ended. Look at 2019, peaked as much as 14k during the year, but ended it under 7k before the new year started.

So, I believe end of the years are not great for bitcoin, most common increases happened during either spring or autumn and very early days of the year and very late days of the year are usually not that great for us.


Title: Re: Just in - Bitcoin at $15 000
Post by: STT on November 09, 2020, 11:59:02 PM
The price into the end of year roughly going on what I remember since first mining BTC I dont especially think of as a bullish period, I dont know why that should be especially maybe the holidays but not everyone in the world is that bound by holidays in a precise order.   

https://talkimg.com/images/2023/06/12/AcYDm.png

We're wavering around the short term averages, still very positive at the moment.   I see a slight lower high and just recently a higher low which underlines indecision and on daily bars I saw a more symmetrical or triangle type formation similarly its not breaking either side for this moment.   Even with a larger market move on covid news today that moved stocks it didnt especially move BTC so we have something of an anchor here abouts.   I would guess it would be resolved this week but Im less sure of that seeing its hold and move so little today.


Title: Re: Just in - Bitcoin at $15 000
Post by: Smitty Werben Man Jensen on November 10, 2020, 12:56:49 AM
In the past years, the last quarter of the years are usually bull.

The recent years, we are not seeing that but this year might be different. We might be able to see a bullish market through the end of the year. Hope it lasts until the start of 2021, that would be a great start.
end of the year is usually bullish for Bitcoin, but for end-of-year altcoins are very bad,
altcoins usually rise in the early Q1 of the year, maybe early 2021 will be attractive to altcoins, don't forget to buy altcoins.
now Bitcoin is being corrected, if it manages to hold on to the support it will rise again.
I do not agree that end of the year is usually bullish for bitcoin, it is rarely bullish for bitcoin, it is usually quite bearish for bitcoin in almost every year except just one year in our history, 2017. Look at 2014 for example, for the first time ever bitcoin peaked over 1k and reached 1.4k during November, crashed at December to be lower before the year starts, look at 2018 for example, started the year at around 15k levels, dropped as much as 6.5k and because of bch/bsv deals the price bottomed at 3k before the year ended. Look at 2019, peaked as much as 14k during the year, but ended it under 7k before the new year started.

So, I believe end of the years are not great for bitcoin, most common increases happened during either spring or autumn and very early days of the year and very late days of the year are usually not that great for us.

$ 15000 is just the beginning, the price of Bitcoin will increase starting early this year,
some predict on the telegram channel that in 2021 Bitcoin will be brought to $ 50000,
try to join at https://t.me/Bitmexbull1 may you can out again after seeing the news this, hope it helps.


Title: Re: Just in - Bitcoin at $15 000
Post by: davinchi on November 10, 2020, 08:16:42 PM
I am not sure what 2021 will bring but I think we have already come so far for this year to be considered a bullish end right now. We are already in November which is second last month only behind December, which means we could consider today and all of this month as "end of the year" and we have spiked like 50% during this period. Hence, why I think 2020 already had a great end unless the price suddenly crashes, it doesn't need to go up a lot in order for us to say it was a good end of the year, it could stay like this for the 50 days left in the year and we could still have a decent end.

However 2021 and specially 2021 spring looks very delicious to me as well, I can't wait to get my paycheck to get some bitcoins, it will definitely help me if the price of bitcoin reaches to 30k+ levels during next spring.


Title: Re: Just in - Bitcoin at $15 000
Post by: Saisher on November 10, 2020, 11:29:13 PM


However 2021 and specially 2021 spring looks very delicious to me as well, I can't wait to get my paycheck to get some bitcoins, it will definitely help me if the price of bitcoin reaches to 30k+ levels during next spring.

Everybody wants to cash out and waiting for the next all time high, if the movement will continue this way which is very slow I don't think we can reach $20 k this year, the highest that Bitcoin can reach is $18 k, this is a good preparation for 2021 for another all time high and we should be prepared to accept that 2020 is not the the year that we will have another all time high.


Title: Re: Just in - Bitcoin at $15 000
Post by: Beparanf on November 10, 2020, 11:41:19 PM


However 2021 and specially 2021 spring looks very delicious to me as well, I can't wait to get my paycheck to get some bitcoins, it will definitely help me if the price of bitcoin reaches to 30k+ levels during next spring.

Everybody wants to cash out and waiting for the next all time high, if the movement will continue this way which is very slow I don't think we can reach $20 k this year, the highest that Bitcoin can reach is $18 k, this is a good preparation for 2021 for another all time high and we should be prepared to accept that 2020 is not the the year that we will have another all time high.

We need a steady and parabolic movement upward to ensure that BTC price can go above the ATH. A sudden price pump to 20K USD will just result to another sell off before or after we reach that important milestone. I preferred the slow movement rather than fast phase price action because it will just cause panic on selling.


Title: Re: Just in - Bitcoin at $15 000
Post by: davinchi on November 11, 2020, 09:01:56 PM
^I agree that 20k+ may not be possible for this year, which is why I said 2021 spring since that looks a lot better. 2019 had a great spring increase and this year was a great increase from a fall, it is not technically the same thing because in 2019 it was just from normal to insanely high, in 2020 however pandemic made it go from 7k to as low as 3.8k or so when it crashed but mainly 5-6k levels, but we recovered to 10k during spring time however we had halving so that could be reason, so 2019 and 2020 were different reasons but they both increased during spring.

What I imagine could happen would be price reaching to 18k levels or just stay between 15-18 levels, and when you end up with that at the end of the year, spring could take it to 25k or so levels.


Title: Re: Just in - Bitcoin at $15 000
Post by: arwin100 on November 11, 2020, 09:31:06 PM


However 2021 and specially 2021 spring looks very delicious to me as well, I can't wait to get my paycheck to get some bitcoins, it will definitely help me if the price of bitcoin reaches to 30k+ levels during next spring.

Everybody wants to cash out and waiting for the next all time high, if the movement will continue this way which is very slow I don't think we can reach $20 k this year, the highest that Bitcoin can reach is $18 k, this is a good preparation for 2021 for another all time high and we should be prepared to accept that 2020 is not the the year that we will have another all time high.

We need a steady and parabolic movement upward to ensure that BTC price can go above the ATH. A sudden price pump to 20K USD will just result to another sell off before or after we reach that important milestone. I preferred the slow movement rather than fast phase price action because it will just cause panic on selling.

Although we need that to happen but this scenario didn't exist even from the past ATH since before we go up before we experience some several dumping stage which I think the accumulation state of the whales so maybe we should look up on that since that would be the same scenario right now and if the market will became more stronger with no bad news came provably we will shoot up until we see the past ATH figures and maybe it will surpass to that numbers.


Title: Re: Just in - Bitcoin at $15 000
Post by: Kemarit on November 12, 2020, 01:36:05 AM


However 2021 and specially 2021 spring looks very delicious to me as well, I can't wait to get my paycheck to get some bitcoins, it will definitely help me if the price of bitcoin reaches to 30k+ levels during next spring.

Everybody wants to cash out and waiting for the next all time high, if the movement will continue this way which is very slow I don't think we can reach $20 k this year, the highest that Bitcoin can reach is $18 k, this is a good preparation for 2021 for another all time high and we should be prepared to accept that 2020 is not the the year that we will have another all time high.

We need a steady and parabolic movement upward to ensure that BTC price can go above the ATH. A sudden price pump to 20K USD will just result to another sell off before or after we reach that important milestone. I preferred the slow movement rather than fast phase price action because it will just cause panic on selling.

Steady yes? parabolic? hmm, I'm been skeptics about that. We have seen the parabolic rise in Nov-Dec of 2017 and we know that after that the market crashes very hard turning it into bearish territory.

So I would say that currently the price at $15,000 is steady, but I don't want to see a parabolic rise this early. I would rather see a steady growth of like $1000 per month up to the end of this year. And then when 2021 comes good price movements, but there could be a lot of +10% increased then a pullback of -20% and then an eventual bull run to $40,000 or more.


Title: Re: Just in - Bitcoin at $15 000
Post by: beerlover on November 12, 2020, 05:19:41 PM
^I agree that it is definitely steady, but not parabolic, it is more like it is going up in a stable fashion and not in a skyrocket fashion. Normally I have seen crypto make faster moves inside a week and even though I agree that price has gone up over 50% in month or so, it also didn't do it in a week very quickly.

Just to give you an example, this is the same coin that crashed as low as 3.6k or 3.8k levels during march because of pandemic from all the way 9k and it went back up to over 5k over night as well. I know that was just one example but in one night in span of 8 hours we moved from 9k to 3.8k to 5k, which is parabolic if you ask me. Bitcoin "can" do that even though it is rare. This is not like that, it is a steady decent increase over long period of time.


Title: Re: Just in - Bitcoin at $15 000
Post by: hahay on November 12, 2020, 06:51:36 PM
Right, even in the last seven days bitcoin price has continued to increase until it currently stands at $16k, I can't say it's a slow movement but on the contrary, I guess it's a fast movement. With that said, it is possible to place $20k at the end of November if the movement continues like this, maybe it will also be a surprise as the price continues to strengthen because even though there was a correction low it did not change anything to keep going up.


Title: Re: Just in - Bitcoin at $15 000
Post by: Fredomago on November 12, 2020, 07:20:53 PM
Right, even in the last seven days bitcoin price has continued to increase until it currently stands at $16k, I can't say it's a slow movement but on the contrary, I guess it's a fast movement. With that said, it is possible to place $20k at the end of November if the movement continues like this, maybe it will also be a surprise as the price continues to strengthen because even though there was a correction low it did not change anything to keep going up.

Just a week ago after breaking $15K and now it's moving forward and reached another height. Not impossible to 
touch $20K or more before this year ends.

Maybe there are still pressures and there are still possiblities of falling back but in a week period of time we seen much stronger
barrier and it keeps holding it.

If tehre are more new investments and new investors to play inside and start working with thier
position it will soon create much bigger impact to the entire market and will attract more people
to start looking to this venue of investment for their own opportunities.


Title: Re: Just in - Bitcoin at $15 000
Post by: CyberKuro on November 12, 2020, 08:18:16 PM
^I agree that it is definitely steady, but not parabolic, it is more like it is going up in a stable fashion and not in a skyrocket fashion. Normally I have seen crypto make faster moves inside a week and even though I agree that price has gone up over 50% in month or so, it also didn't do it in a week very quickly.

Just to give you an example, this is the same coin that crashed as low as 3.6k or 3.8k levels during march because of pandemic from all the way 9k and it went back up to over 5k over night as well. I know that was just one example but in one night in span of 8 hours we moved from 9k to 3.8k to 5k, which is parabolic if you ask me. Bitcoin "can" do that even though it is rare. This is not like that, it is a steady decent increase over long period of time.

Bitcoin did a high leap within days, for example, bitcoin rise from $13,500 to $15,900 in just two days. in early September bitcoin price drop from $12K to $10K but then starts to climb up in early October back to $12K, surpass $13K and reach the peak at $14K. in the early days of November, bitcoin doing sideways on support level at $13,500 but right now manage to reach $16K after the high leap. However, I agree that bitcoin price increase is quite stable with some corrections and sideways to this point. But it may be just the beginning before taking another high leap within a few days.


Title: Re: Just in - Bitcoin at $15 000
Post by: 2double0 on November 12, 2020, 11:46:01 PM
Within a week, btc gained around 8% of $15k and is currently holding $16300 which is a clear sign of bullishness. But let's remember that this area is vulnerable to dumps as seen in the old rally which may not be the case if this rally breaks up above $17k. I did not buy btc but earning it and those who are like me and earning btc must be very happy that we invested our time for the best thing.


Title: Re: Just in - Bitcoin at $15 000
Post by: EdenHazard on November 12, 2020, 11:50:35 PM
^I agree that it is definitely steady, but not parabolic, it is more like it is going up in a stable fashion and not in a skyrocket fashion. Normally I have seen crypto make faster moves inside a week and even though I agree that price has gone up over 50% in month or so, it also didn't do it in a week very quickly.

Just to give you an example, this is the same coin that crashed as low as 3.6k or 3.8k levels during march because of pandemic from all the way 9k and it went back up to over 5k over night as well. I know that was just one example but in one night in span of 8 hours we moved from 9k to 3.8k to 5k, which is parabolic if you ask me. Bitcoin "can" do that even though it is rare. This is not like that, it is a steady decent increase over long period of time.

Bitcoin did a high leap within days, for example, bitcoin rise from $13,500 to $15,900 in just two days. in early September bitcoin price drop from $12K to $10K but then starts to climb up in early October back to $12K, surpass $13K and reach the peak at $14K. in the early days of November, bitcoin doing sideways on support level at $13,500 but right now manage to reach $16K after the high leap. However, I agree that bitcoin price increase is quite stable with some corrections and sideways to this point. But it may be just the beginning before taking another high leap within a few days.
That's the definition of November rain!

You'll never know what will happen next. I assume we are all bullish but you should never forget about the correction and bubble possibilities, are we really deserve this price now? Are we really targeting a reasonable price next at $20k , $25k? Well yeah sometimes bitcoin doesn't need all these makes sense reasons which why most people consider bitcoin as a place to make a speculation. And this is the right time to make your own speculation by buying it now or never at all.


Title: Re: Just in - Bitcoin at $15 000
Post by: cryptomaniac_xxx on November 13, 2020, 06:17:53 AM
Within a week, btc gained around 8% of $15k and is currently holding $16300 which is a clear sign of bullishness. But let's remember that this area is vulnerable to dumps as seen in the old rally which may not be the case if this rally breaks up above $17k. I did not buy btc but earning it and those who are like me and earning btc must be very happy that we invested our time for the best thing.
It went as high as $16500 then got rejected in the last couple of hours, so we shouldn't expect $17k that very easy as compare to runs from $12k-$15k. Yes, this could be vulnerable to dumps, but just minor once. But we shouldn't be resting or feel comfortable. There are still group of analyst even seeing a huge dump ~5 digits again after this big rally. So we will see, if we retain above $16k for sometime before another ascent to $17k or it goes down hard as minority has predicted.


Title: Re: Just in - Bitcoin at $15 000
Post by: darewaller on November 13, 2020, 08:32:42 AM
Just in, bitcoin at $16.4k :D. I mean we are going up so much that even topics at bitcointalk can't catch up with how fast bitcoin is going up. It is a great period to be involved in crypto, it is really going amazing for all of us. Obviously this will not continue forever, we are not going to see a million dollar per bitcoin in the next 6 months, this is not something like that, but at least if we check what has happened in the past 3 months, we could say that bitcoin has been one of the best investments anyone could have made in the world, there is nothing that is as profitable as bitcoin (maybe pfizer after the news).

So, I would say it is highly important that we keep focusing on our future but never really leave our history behind neither and be proud of what we have achieved.


Title: Re: Just in - Bitcoin at $15 000
Post by: Smitty Werben Man Jensen on November 13, 2020, 08:38:43 AM
I saw Bitcoin this second at a price of $ 15,587 in 24 hours. It’s been really amazing for several weeks, from October bitcoin keeps jumping. It seems that the demand for bitcoin is getting higher The number of communities in the crypto circle is increasing, many merchants and online shops are accepting bitcoin as a means of payment and we are likely to see that the price of bitcoin will be much higher and is it possible to reach $ 20,000?

From now until the end of this year things are going to be excited and this is the best time to check the price from time to time, Bitcoin is gaining ground but not the majority of the altcoin, I would like to see some of the altcoins I'm holding to pick up the price, like what happened back 2017. 

nice to see Bitcoin price above $ 15000 and $ 15000 has now become strong support,
I hope bitcoin price can return to $ 19000 first, because I am sure Fomo will come and make a new all time high happen.


Title: Re: Just in - Bitcoin at $15 000
Post by: STT on November 15, 2020, 06:33:17 PM
Its wavering on the edge is how I see this, I expect it to teeter both sides before letting us know which way it'll go.    I think down before up but so far its not really moved just resting on the previous high like a pivot.

https://talkimg.com/images/2023/06/12/AcPp8.png

So its found 2 day average as the ceiling to the weekend price action and now its checking 15800 area as support, which I've drawn in on the chart last week so its doing everything expected.  Its only really moving in price when unexpected actions occur, so Japan opens its main markets trading soon and usually we get a different stream and mood to price then.    Cant call it negative or bearish yet, its far above the weekly average in orange there or 15600 roughly.    BTC often does this, slides sideways caught in a thought about what next.


Title: Re: Just in - Bitcoin at $15 000
Post by: Yaunfitda on November 15, 2020, 10:49:02 PM
^^ I was surprised to see the price ~$16k again, but I thought its Monday morning in Asia today so there might be some movement that will push the price to $16k again. So let's see if the price movement from Asia will have a positive effect (I do hope), but in any case that a $15600, still looks healthy correction to me. Probably that will be the (strong) support for now before making another spike to $17k-$18k next month.


Title: Re: Just in - Bitcoin at $15 000
Post by: Kemarit on November 16, 2020, 12:10:02 AM
^I agree that it is definitely steady, but not parabolic, it is more like it is going up in a stable fashion and not in a skyrocket fashion. Normally I have seen crypto make faster moves inside a week and even though I agree that price has gone up over 50% in month or so, it also didn't do it in a week very quickly.

Yep, that's how it should be, stability is the key here. And I think this is the result of investors getting mature as they have gain so much experience from the 2017 bubble and the eventual 2018 crash. Now they are very careful not to FOMO, also it is unavoidable, but smart investors know when is the right time to invest.

Just to give you an example, this is the same coin that crashed as low as 3.6k or 3.8k levels during march because of pandemic from all the way 9k and it went back up to over 5k over night as well. I know that was just one example but in one night in span of 8 hours we moved from 9k to 3.8k to 5k, which is parabolic if you ask me. Bitcoin "can" do that even though it is rare. This is not like that, it is a steady decent increase over long period of time.

In less than a year, we have bounce back very nicely, and if we look at the chart, it was a slow and steady gain. Next goal is $18k then a eventual new all time high next year. But it will not be easy, there could be waves of price correction before we settle down to a new highs.


Title: Re: Just in - Bitcoin at $15 000
Post by: DustyRah on November 16, 2020, 04:18:37 AM
As far as I can tell from the charts (only the technical analysis and not fundamental), Bitcoin should start coming down now. The MACD and EXP lines are about to cross and the divergence is nearing 0. That said this happened in May and June only to get higher in July so its all up in the air.

It will be nice and fine if it can settle around 15k and make it across this year into 2021 at or above 15k and consolidate around there.


Title: Re: Just in - Bitcoin at $15 000
Post by: traderethereum on November 16, 2020, 09:19:40 AM
^^ I was surprised to see the price ~$16k again, but I thought its Monday morning in Asia today so there might be some movement that will push the price to $16k again. So let's see if the price movement from Asia will have a positive effect (I do hope), but in any case that a $15600, still looks healthy correction to me. Probably that will be the (strong) support for now before making another spike to $17k-$18k next month.
Yes, the price now back to $16k, so we can make a profit again. Although the price is not back to $16,400, it still a good profit for us.
Some people already sold their bitcoin at the current price, but they also wait for the next high price, which will happen later.
Maybe the correction will be back again, but I am sure that the price can handle it and the price can be back to have another rally.
But we need to be careful because we don't know how deep the correction will come later.
After all, the correction itself will always happen in the crypto market.
The price will touch the other high price and make another spike, and hopefully, the price can touch more than $17k-$18k.


Title: Re: Just in - Bitcoin at $15 000
Post by: blckhawk on November 16, 2020, 12:18:39 PM
Right now Bitcoin has made a movement again for the last few weeks its been hovering around $15k USD and look at it now entering the mark of $16k USD once again.
It might be a slow movement but if this continues there's no doubt that maybe at the end of the month we are close to setting new ATH and by the month of December we might already hit the old ATH.
Maybe this the bull we are all waiting for some. I believe that some are already been selling now and I can't blame them, in fact, I think it was the right thing to do because we never know if it is all just a show.


Title: Re: Just in - Bitcoin at $15 000
Post by: justdimin on November 16, 2020, 03:24:33 PM
stability is the key here. And I think this is the result of investors getting mature as they have gain so much experience from the 2017 bubble and the eventual 2018 crash. Now they are very careful not to FOMO, also it is unavoidable, but smart investors know when is the right time to invest.
Stability provides safety and that is the most important part. Having bitcoin go from 16k today to 50k in a month would scare me, I would get out right away if I see 25k+ in a week for example, wouldn't wait and wouldn't be too upset if it reaches 50k after I sell, because that is too scary to wait.

Because bitcoin going from 16k to 50k in a month means it is overvalued and the price is balooned up and shouldn't be there. However if I see 20k breached and reached to 25k levels in 1.5 months left in this year, all happening very slowly and increasing just like how it did so far to this point, I would definitely wait and not get out. Both scenarios reaches 25k and in one of them I sell and in another I wait, so my position is not based on price but how it gets there.


Title: Re: Just in - Bitcoin at $15 000
Post by: Yamifoud on November 16, 2020, 03:45:08 PM
keep calm, bitcoin is still above $ 15000 this is good news,
because if it persists and sideways then we will see a surge for altcoins, of course some whales will try to accumulate bitcoin in altcoins,
I believe this increase in Bitcoin is just the beginning to get bull back.
I hope they will and this will give a chance for altcoins to pumps and also investors will never get tired of waiting. Currently, Bitcoin keeps moving back high again reaching almost $16,500. Ain't that to surprise us but have to wonder why altcoins still in the red. I'm not going to assert that this a kind of market manipulation made by whales but this is probably because more investors are focusing more on Bitcoin than altcoins. Kinda not a new thing to us but this year is quite different from previous hypes where they all dump and pump together.


Title: Re: Just in - Bitcoin at $15 000
Post by: Yaunfitda on November 16, 2020, 10:05:30 PM
^^ I was surprised to see the price ~$16k again, but I thought its Monday morning in Asia today so there might be some movement that will push the price to $16k again. So let's see if the price movement from Asia will have a positive effect (I do hope), but in any case that a $15600, still looks healthy correction to me. Probably that will be the (strong) support for now before making another spike to $17k-$18k next month.
Yes, the price now back to $16k, so we can make a profit again. Although the price is not back to $16,400, it still a good profit for us.
Some people already sold their bitcoin at the current price, but they also wait for the next high price, which will happen later.
Maybe the correction will be back again, but I am sure that the price can handle it and the price can be back to have another rally.
But we need to be careful because we don't know how deep the correction will come later.
After all, the correction itself will always happen in the crypto market.
The price will touch the other high price and make another spike, and hopefully, the price can touch more than $17k-$18k.
See I told yah,  :) Asian market is really into bitcoin specially when it's opening at their time frame, $16,600 going to $16,700, so this is another retest in the following days, so let's see if we can sustain the growth for this week at least, resistance becoming support and then goes to the next level of $17k-$18k December, we are extremely in the bullish phase.


Title: Re: Just in - Bitcoin at $15 000
Post by: btc_angela on November 17, 2020, 06:30:45 AM
Right now Bitcoin has made a movement again for the last few weeks its been hovering around $15k USD and look at it now entering the mark of $16k USD once again.
It might be a slow movement but if this continues there's no doubt that maybe at the end of the month we are close to setting new ATH and by the month of December we might already hit the old ATH.
Maybe this the bull we are all waiting for some. I believe that some are already been selling now and I can't blame them, in fact, I think it was the right thing to do because we never know if it is all just a show.

Been observing the price is the last 8 hours, it went as high as $16700 again, and goes down to the support at $16500. So maybe there are traders who are shorting bitcoin, enough for them to profit for a day and then that's it. But shorting bitcoin right now when we are in a bull run is not a good strategy.

Nevertheless, I'm seeing December as a good month as well, $17k is not that far, so it's better just to hold for now and no selling, continue to stack sats is my motto.


Title: Re: Just in - Bitcoin at $15 000
Post by: traderethereum on November 17, 2020, 07:39:52 AM
^^ I was surprised to see the price ~$16k again, but I thought its Monday morning in Asia today so there might be some movement that will push the price to $16k again. So let's see if the price movement from Asia will have a positive effect (I do hope), but in any case that a $15600, still looks healthy correction to me. Probably that will be the (strong) support for now before making another spike to $17k-$18k next month.
Yes, the price now back to $16k, so we can make a profit again. Although the price is not back to $16,400, it still a good profit for us.
Some people already sold their bitcoin at the current price, but they also wait for the next high price, which will happen later.
Maybe the correction will be back again, but I am sure that the price can handle it and the price can be back to have another rally.
But we need to be careful because we don't know how deep the correction will come later.
After all, the correction itself will always happen in the crypto market.
The price will touch the other high price and make another spike, and hopefully, the price can touch more than $17k-$18k.
See I told yah,  :) Asian market is really into bitcoin specially when it's opening at their time frame, $16,600 going to $16,700, so this is another retest in the following days, so let's see if we can sustain the growth for this week at least, resistance becoming support and then goes to the next level of $17k-$18k December, we are extremely in the bullish phase.
That is right. I hope that we can sustain the growth this week, and we will see the price will rise again and break $17k.
I smell the rising will come to us in near, so we need to find how we can buy bitcoin at a low price so that we can wait for the next rallies.
Many speculations out there that bitcoin price will soar to $18k-$19k and even $20k in the next month, and I think that can be right because bitcoin price does not move significantly.
So we need to wait for more and enjoy this moment by buying bitcoin and try to sell bitcoin to make a profit.
If you want just to hold bitcoin until the price can touch $17-$19k, that'll not be a problem because, in the future, the price will be at that range of the price.


Title: Re: Just in - Bitcoin at $15 000
Post by: lixer on November 17, 2020, 04:24:00 PM
This is what bitcoin is all about, it doesn't go up 10 dollars per hour for a week, it goes up, stays up, drops a bit small, goes even higher, stays there, drops a bit and goes even higher and constantly does this for a period while it is going up. I feel like there is no doubt bitcoin will reach the $20k level once again this year, I was afraid it may fall before it does that but looking at the situation right now there is really no doubt in my mind that bitcoin will not be $20k this year.

I do not like giving advice to people to do something with their money so please do not make trades depending on what I am saying here and do your own research before you make any trades, but I have been making my own investments according to bitcoin reaching $20k again this year.