Bitcoin Forum

After a slippery week once again BTC is slowly gearing up is this the last resistance level of the year? Right now the market capitalization is healthy and that's why we are seeing some positive trends also i' ve been watching the price of BTC pumps most of the times only In the weekends, Is this means there is a surprise for crypto industry? Guys share your thoughts 8)

I don't think this is the last resistance level. we still have 18 days for 2021. and I think Bitcoin will take another correction in these days. in fact I think it'll go up and down between 19k and 18k. but it will not increase to 20k this year.
now whatever happen in 2021 with bitcoin price, we all shall see.
there will be lots of surprizes for sure.

Indeed it is slowly increasing I think it would be nice if we could see it above $19K or near $20K by the end of this year.
The market is unpredictable who knows if we might see another huge pump before this year ends.

This is no much surprise for bitcoin as it is showing good price, the institutions are the whales helping the price now, even if the price of bitcoin increase above $20000, it will not be a surprise because possibly the asset is attracting investors especially institutions and this can likely increase the price of bitcoin to more all time high.

No surprise :D.

In weekends, most of the trades are being done using a bot so there is no surprise with this already. Now with regards to the recent slow increase of it, I think that we all know already that there is always a short increase of price after a huge correction right? This is just common when it comes to the crypto market. Am I happy with the move?? Not really and I would be happier if it passes through and stays above the $20,000 price :).

In the bull run, bitcoin bounced back very well for every dip it has but I feel something ugly and bad for bitcoin can come soon. It is weeks of rising to the All time high price. I see a few bad signals from rumours, bad news that can be early signals for corrections, pull backs and Black Swan event for Bitcoin till the Chritsmas.

The postitive signals I see is when bitcoin falls in price, its volume increased and I think people are still bullish in bitcoin and they wait for every dip to buy up and help bitcoin has good supports.

Trump's FUD: crazy things the Trump government can do in their last few weeks and some past events can be reused for FUDs.

I believe more good news will happen to the bitcoin because many people will support bitcoin for sure if the price pumps more the more positivity outcome will happen and it will become trending again to the online world.

Hoping the value will not drop anymore and continue rising and hit again the value of 20k dollars each bitcoin and that is what we want to happen this year .

I recently sold part of my holdings since the price was dropping and I sold it at the price of 18.8k. I hope it can stay stable at 18k till next year. Since too many people only are selling and there have been less buyers at the current price, the pump did not last long. I was disappointed to see not much of an effect in the altcoin market. This sudden pump and dump has not been beneficial as I can see after 3 years since 2017. I am happy to see the media has started sharing positive news about cryptocurrency and bitcoins so hopefully we'll see the price above 18-20k next year.

think positively for the future. it's time for bitcoin to fly again to the moon.
although the chances of the end of the year are still high. let's see if something will happen that is of truly great benefit.
I am increasingly determined not to sell bitcoins quickly. :)

Bitcoin always returns to the price of 18K, having made several corrections on bullish this time. But that correction didn’t last long.
$18K is not a record high price, but it’s the top price since last year. And this year the top one is at $19,500. So it’s only natural that
many people are optimistic that the bullish trend will still take place, even wanting to reach more than $20K in 2021.
Perhaps if the price of bitcoin were now at the level of $15K, everyone’s assumption would be contrary to current assumptions.

I think now it is another buying opportunity,
if you look at the 4-hour time-frames then it is a strong bullish signal.
RSI confirms the price reversal signals and MACD gives us a solid bullish environment.
now we are going to see another rally towards 20K resistance.

I feel like there will be another correction ahead of Christmas, which will keep bitcoin around 18k until the end of the year. although we cannot make history as a benchmark value for bitcoin, but it is mostly true that every big day, the price will go down.

I like to believe there's a big surprise coming investors and hodlers should keep their hopes alive it's still 19 days to go and so many things are still going to happen just like what happen in the last day of November, where we experienced a big pump as long as Bitcoin is the $18000 level there's still hope for another all time high.

Going by what has happened in the past, you are saying the real truth about a correction ahead of Christmas celebration. We saw whenever the event draw close the cryptocurrency always experienced a huge selling orders from those who want cash for celebration and this often caused correction until the season is gone. Though let wait for the year 2020 to elapse before concluding if the celebration sell off will make the market go dip. The current increase to me won't be sustain becasue of the Christmas event ahead.

Yep. BTC forming a doji which is a good sign that the correction is near to end. I'm looking at a daily timeframe and it seems that 17,500 is a good support for BTC right now. I'm hoping to see a strong buy pressure on the start of the week or else this correction will go deeper down 16k to 15k level or worst. Those goosebumps last 2017 bull run really gives a psychological barrier for BTC to break the ATH. All the price level and time frame seems identical on the 2017 bull run.

Week-ends tend to be "unnatural" and the trends from week-ends can easily change when the working days start.
So although I expect to still have upward pressure, although I like to see it rise again (or recover, at least), I would not get too happy exactly because it's week-end.
Also with the holidays a slow down can also happen, so the most important 2 things for the remaining 3 weeks are to not go too far down from current levels and get back on a rise in January.

Let's wait and see what happens next week, which is for many (traders too) the last working week of this year.

Looks like you are a day trader and it's a good suggestion for daily trading, but I was telling about long-term buying now is extremely risky I agree there are bullish signal but It could even be a temporary one I mean for a day or two who knows. Buying low and selling high is the market strategy so plan accordingly.

As users described in the posts, there'll big changes in the weekend. Most of the time the weekend market will be in the decline and the starting days used to gearup slowly. This isn't a promised pattern of growth, but most of the time we can expect this form. The price that slipped more than $1000 is slowly recovering. I expect the ongoing rise to continue for another few weeks time touching the most expected $20000 before the year end.

The year has not ended, surely we have like two weeks more and the bear for last week bear is temporary from all indication because price has started up again. I think this year ending will see a new ATH or close to that with the recent price movement and as we approach the peak of the season.

Really need to anticipate what's gonna be happening at the end of the year. It'll be either pump or dump wave gonna be happening and considering the fact that in the past in 2017 at the end of the year we got the biggest dump rollercoaster I've ever seen happened to crypto market and now considering that bitcoin price right now close enough to ATH or even reached the new ATH we should be more cautious.

I'm no trader so my advice should be taken with a pinch of salt but one thing that I fet was quite significant was that the price of Bitcoin never quite reached $20,000 which suggests that there's still a lot of sell orders at $20,000 that haven't been spent. Due to this I have placed sell orders around the $19,600 - $19,800 level in expectation of a drop when it does eventually reach $20,000. Maybe my lack of trading knowledge means that this is not as sensible an idea as it seems to me but I thought I'd throw my 2 cents in anyway ;D

I have some doubt about this recent Bitcoin movement becasue the time for the rise should have be after the celebration, investors are likely to sell their portfolios soon. The company that sold their stock bonds to buy Bitcoin are those pushing the Bitcoin price to $19k but this will take a tough time before we see Bitcoin price at $19k in 2020, but 2021, we shall surely see some good and steady growth in Bitcoin price. 

Bitcoin has been doing this since downfall in 2018, if you compare Bitcoin has already gained over 350% since it's ATH post 2018, opportunists have already utilizes this period to reinvest and as far as your claim about price rise during weekend I am skeptic about it as that's not the same case everytime. I think next 18 days would be crucial wherein either Bitcoin will thrive or else go through correction period.

Yeah, mostly weekends where traders have all their free time to exchange.
Since yesterday night until now, it had been calm at $19k - $19.3k.
I'm kind of feeling pessimistic with $20k this year then another fall in January just like what happened last week.
No buyers in holidays. Most people will be spending more and might even exchange BTC for fiat to add to the shopping spree that will happen.  ;D
The market won't react that fast so it will reflect 2021.

It will remain stable seeing market movements like this on weekends where many people want to have fun and have a vacation so of course they will switch it to fiat for necessities but like this it will remain strong in the market with the corrections, so we will wait for what happens when we It has passed 2021 which is much awaited by the 20k will be achieved soon, no need to be pessimistic, in this case what we are doing is there is still the best opportunity to produce.

I believed otherwise though, in the last 3 years, there are buyers in December, maybe those who received their Christmas bonus are putting side money to invest in crypto. Although for average joe, the price is very expensive compare to the last 3 years. But still if they are going to look for the long term then it is a good investment for them in Christmas.

And another thing is that maybe bitcoin could be consider as give today, so we might see a new set of buyers and getting into bitcoin as a gift or presents to families and friends this holiday.

I don't put my Christmas bonus to buy bitcoin since it was intended for Christmas season and not for investment, I believe many think about that to but for other who are investor I think they spare a amount already intended for buying bitcoins at this season and some get hype due to the current good news occur that's why even the dump threatening still the slow climbs happen due to positive effect of good mindsets as well with the hopes that we can see a better figure after this year ends or maybe in next year.

This is the most awaited part that I am looking for, bitcoin captures every trader's hear which is very interesting due to simple gains. If every there will be faster growth, possible bubble speculations will happen. Negative articles will try to dig in and would deceive many weak emotions and potentially cause sudden crash of btc value. Slow and simple increase was just a nice signs of future green days.

That’s more of a hype basically so I don’t also want to see a sudden pump because that’s a pure manipulation and many will get trap for sure, so let’s all go for a slowly but surely pump. If there’s a huge pump with Bitcoin price I hope that’s because of a good news and not because of the whales, I don’t also want a too much price prediction with Bitcoin.

The price that dropped low to $18000 have now touched above $19200. People always expect the price to reach $20k. Following the growth of bitcoin there is no big change in the price of altcoins. Upon this, it looks like a growth with resistance. Maybe over the weekend we can see the market getting pushed above $20k if some big news roll out of the corporate networks.

I'd like to believe we have a big pump coming and we have a big surprise coming and whales are just positioning for a big surprise, the new all-time high is just $800 to $900 away it's manageable we just need a big 10% pump to set a new record and I hope the whales will deliver before the end of the year.

We are in positive side right now which can give the possibilities that we can see some good figures this year or maybe In next year so let's hope for something best to come so that we can see the price surpass to $20k and maybe if that will be reached by this year we will might get a healthy market next year.

Hopefully this will happen, because we haven't seen a healthy market until now,
Pump and Dump are always happening in the market, it looks like whales want to manipulate the price of Bitcoin,
we know there are still many whales who have large amounts of Bitcoin, and this makes the market unhealthy

don't get your hopes up on whales, I am sure whales are currently thinking of doubling their money,
especially since there is futures trading, the price of Bitcoin is easy to manipulate,
of course this makes whales happy to play, don't let us play with it.

I have always understood that bitcoin is something that was gradual, no matter how volatile it might be in price movements on the short term, or even in the middle term, we are talking about something that is very strict when it comes to long term. Think of it as this way, look at the price on set date each year, and most of the time you will realize that bitcoin is higher and higher every year, except few years, it has gone up every year but the price is not at super high right now is it?

We are not looking at millions of dollars? It is once again at a level where we could say bitcoin is growing gradually over course of years. Sometimes it does that on short term too, goes down to only 18k which isn't that down and goes back up to 19k and not too high.

I think you are confusing bitcoin with altcoins.
It is altcoins that can be pumped and it is altcoin whales who can "surprise" you by their dumps and pumps. Simply because altcoin markets are very small and their whales control majority of their volume. There is also only one big altcoin exchange controlling 90% of the altcoin volumes and the rest are tiny.
In comparison bitcoin market is a lot bigger, whales are smaller compared to the total market and the exchanges each have a small share of the total volume usually around 10%.

Maybe yes or maybe it will go to the other side.

There's also chances that due to holiday season many holders will be cashing out especially those who already earning decent amount, they'll be needed some money to spent for their love ones. But still we can't guarantee anything as sentiments always base from how investors works along.

Now we see it the new record has been landed and bitcoin price is continuously pumping now, for sure many are celebrating since the one who hodl their coins and trust bitcoins are so lucky today. Hopefully we can see more pump and we can reach for even $25k until the end of this year.

Despite the strong resistance we have been through at last we have seen Bitcoin reaching the $20k mark. After several attempts, Bitcoin manages to break the resistance. Honestly, I've been thinking that we will see the $20k mark through next year due to the fact that most of the people are now selling some of their holding for near Christmas but I was wrong. Now that we've been break the resistance I hope the next year we will seen Bitcoin reaching the $25k USD mark.

The stimulus issue form US government has been found a bright spot and I think most trader also most investor just buy bitcoin right now and make its price just up and up even its pricr has passed its all time high $20.000.

I believe its price will increasing drastically and reach another all time high and I guess it will pass $30.000 before the end of this year. As you can see now how fast bitcoin price move, if you use binance exchange you will knos how much people who enter to the market, because the server just busy to put my entry point to buy, it was crazy and now I just see its pricr up and up.

From what it showed today, I was wrong saying that it won't break the $20k wall this year.

We are still rallying high, moving to break $21k in a very short period of time, and I was looking forward to keeping the momentum and able to reach $25k before the year-end. I'm sure that only a few of us thinking the same way while more thinking about the dumps as it hits its new ATH. But despite the market challenges, we are still able to see the price at this high.

Cheers to everyone who keeps believing crypto and those who never give up understanding the volatility of the market ;).

I also have expectations that bitcoin won't hit the $20K price this year of 2020. However, as they always say, always expect the unexpected; that is why bitcoin is always moving its price unexpectedly due to its volatility. I think it is a good thing because bitcoin has created its new ATH, that many people definitely have gained a considerable profit this year, so I hope this momentum would continue next year.

a correction has occurred in the past few weeks and made the price of Bitcoin drop at the level of $ 17k,
of course that is quite a deep decline, because at that time the price of bitcoin was still at $ 19k,
and slowly recovery until now it is above $ 20k, yes this is amazing .

Price increasingly slowly? I think it is all relative, as in a normal year most people who invest would be happy to see a 40-50% jump in the last 6 months of the year, it has done phenomenally well and is taking a Tesla like trajectory as we head into 2021. There have been a few corrections however and when they hit - the sell off is incredibly sharp, but the whales who own these coins maybe push too hard to take a profit and the market jitters are very contagious in this cryptocurrency.

After we experienced that market spikes, corrections will follow everytime there's a huge increase. While there's another chance that we can buy bitcoin in low price, then don't ignore it. Hopefully after this we will see next week's recovery, keep monitoring to avoid missing every updates and sell your coins to earn additional profit.

Till the stimulus bill passes it will be a speculative buy I think, when the news arrives then the gains solidify.   Over this weekend I expect we see some gains, it appears to be rising above the 2 day average at present.

https://talkimg.com/images/2023/06/12/ALdA9.png

23200 to 23300 is an area recently that capped most closing bars so something to watch, I think it does more next week though surely is slowing over some holidays.

Keep in mind that these are uncharted waters, we are no longer below previous ATH that meant certain people had predefined unreasonable sell targets. Consequently the resistance against the current rise should be a lot less and the more time price stays above $20k the stronger the momentum will become.
Although the rise has slowed down but the momentum has also been very strong and hasn't gone away yet. We can expect more rises like what we had over the past 4 days to be repeated soon.

We are living new highs, right now everything is possible, although there is still a long way to go, the times we are living are good, the price may be maintained around Christmas, even continue to rise, the demand is increasing, something similar to what happened in 2017 but current events are very different from those of that time, now the growth of Bitcoin is really something great but you must still operate with caution, the best for now is Hodl and wait for what should rise to rise .

yeah, I thought also that it drops back after it reaches $20k but it is too unexpected that it continues to rise. Besides, only a few people will think that $20k had come to reality because most of us are thinking that the market trend will look the same as the 2017 Bullrun.

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Does history repeat itself? It is more than that, and as the market existed longer, the more it increases the price.
I'm nowhere to think that this momentum will keep until next year but I was hoping then to stay.

Only 40 more dollars to reach 24K margin as per preev, which is a sign that we are still far behind the new all time high?

But the sudden spike in the prices too often is nit really a good sign though, probably a correction is ahead before a new time high I guess.

For those who invest in Bitcoin the rise in the price of Bitcoin is slowly but surely a lot of good news. Traders are becoming more profitable and everyone is coming in. Prices may go up further crypto is becoming more popular because whales can't hit the market. Although Bitcoin is not yet legalized in many countries it is gaining popularity. The price of cryptocurrency or virtual currency Bitcoin will fluctuate. Although Bitcoin is slowly recovering the demand for it will increase if the market expands.

We are all indeed happy for the bitcoin as of now, as it reaches all time high $22k. And it is continuously rising up, they are thinking that it might hit $25k before this year ends and it is not impossible from happening since the price is already at $22k. For those who want to invest, they should wait for the time that the price decrease atleast a little bit. Investing or buying some bitcoin as of now is not a good idea since the price already at its high value.

And 5 days after this , Bitcoin make the Best movement recorded again ,because in just a day it increase more than 5,000$ if i'm not mistaken.

Making the another ATH and until now almost every Day making a Higher record.

No wonder the silence now is the Indication of Breaking the Barricade of 25k to make the 30k target as of 2020.

Nope because 24k ahs been broken yesterday All Time High   
$24,085.86 USD
(Dec 19, 2020) and now fell a little bit again.

For me? correction may come now But not as bad as the last correction in 2018 ,because the Value of Investors now are not generic ,True investors are in the house now

Not slowly so much anymore :D It was obvious that when price was declining to go down that eventually we would see a big increase. When it peaked above the ATH level for the first time and crashed few times after that, it never really went under 16k, and once under 17k usually stayed above 17k and even 18k, all those crashes that didn't go on and became even bigger crash told me easily that price was not going down, if it were to go down it would have done that long time ago, but it stayed up and higher.

So I believed it wouldn't fall, it would go up, and it did just that, I am quite happy that price didn't went down, it went higher. I personally want to see people not go crazy over this kind of increase, it is obvious that we are doing awesome right now but a lot of people lost money on 2018, be ready for a fall and get out if it does go down too much.

It is not going to be a sudden change for now, but it looks like it is thinking instead of moving. The whole market is thinking right now, nobody really knows what they will do, there is nobody that would be willing to actually put all their money into crypto right now, or get out completely neither, because we are all thinking what we are going to do.

I haven't decided yet, I don't know what I am going to do in the near future, but for now it looks like there is a huge gap in today's price and what it will happen for a period, not the price because prices could move slowly during this period, but there will be a gap in time until the next thing happens. Maybe we are waiting for something like a big news or a big deal in order to make a decision based on that?

you are wrong, bitcoin has now reached more than $ 24,
and this is a new ath, of course this Fomo will still take a long time, a correction may occur,
but don't turn your back on bitcoin.

All the way up. Who believed in Bitcoin deserve this day! One thing is very clear, stacking sats over time should always be better choice than stacking USD. Bitcoin having a decent pump recently, but in my opinion Bitcoin worth more, taking about USD value simply worthless. However, I don't mind BTC moving slowly. Slowly but surely BTC worth more in the upcoming days.