Bitcoin Forum

Bitcoin is now over 21k+ now we can ATH and its touch 22k+ What you think about btc next move?

Now the price of bitcoin is already $ 22,061.  Yesterday morning we saw its price just over $ 19,000, and over the course of a day its price rose by almost $ 3,000, immediately breaking several price records.  We really assumed that after overcoming the price of $ 20,000, and even more so $ 21,000, the bitcoin price would have to fluctuate until it consolidates at a new level.  However, Bitcoin surprised us once again.  Probably, other similar surprises await us before the end of the year.

It is what we usually with bitcoin.

When there's a price pump like this, it has to fluctuate and correct for it to get into another reversal. The price pump that we're seeing could be the reversal from the dump that we've seen when it has reached $16k.

What I'm wishing for this time is even it corrects, we will never see it go down under $15k.

What I think is bitcoin should continue to increase without any fall. One way up and no return to dump is my wish. Many people will say that is not possible to achieve without a fall but it is my wish. Bitcoin has made an impressive mark in 2020 and with the way Bitcoin is moving it can get to $40,000 before the end of the year.

The price increase again to more than $22,200. Yes, it is a surprise moment because we see the bitcoin price gets a fast rally to break $22k this day. So I hope that the price can hit $22,500 or more. But I am worried about the fluctuation of the price that can happen after this. I am curious about what happens at the end of the year and how high or low the bitcoin price will be at the end of the year. It is a good moment for bitcoin and we should enjoy this before the price is down and make a correction.

Now whatever the whales want happens as it always has been. If the decide, they can send it back to below $10k. If they want, we can see $50k too.

What I or others think would be wishful thinking and defending our positions.

I think the next move of Bitcoin in the new year should be the price of 25,000 and then you should expect higher prices.

First I am very happy that Bitcoin has surprised us more than a lot of people imagined, most especially with the presence of Covid-19 yet it kept growing and look at the price today, what this means is that, Bitcoin has proven its worth and potential, hence the earlier most people get involved the better for them. Nevertheless, no one can confidently say the next move of Bitcoin therefore we can only but keep trading or keep holding as the case maybe while keeping track of the market, but it still goes to say that a price correction might occur anytime soon and with more attention will reach another ATH before the end of the year.

I wish it could surge above $30k, media are getting interested, government wants to know more about it, institutions are adopting as it is breaking price records. The whales are pioneers in deciding where the price could stop or accelerate above.

I think it's important to remember what a huge barrier $20k was. Given what happened in 2018, it is understandable that the current bull run was refused at $20k several times... but the upwards price pressure was so great that eventually the barrier broke. We are surfing a huge wave at the moment, but also don't forget that every single time that bitcoin surges upwards in price, eventually it stops and there is a correction. And the sharper the rise, then generally the sharper the fall. This isn't doom and gloom; the market is extremely buoyant at the moment and I expect rises to continue. I think it's more sustainable now than it was in 2017/18... but I think we should hope not for continuous upwards movement, but for it to take a break and establish a new solid support level first.

It is up to the market or should i say the whales to determine what will happen next, it is hard to determine what will happen next otherwise everyone will be prepaid for the next movement, and i should include that it was amazing to see btc breaking record again,
lets hope this time history will not repeat itself and btc will not dump in price like what happen back in 2017 after the ATH was recorded, i hope this time the price will correct in a healthy manner (not the big dip of before).

24k can be a new ATH that can happen, support because there is a trendline there that has not been touched, it may be the first to determine between these areas.

However, if 24k breaks then 30k is not impossible to become the next foothold for bitcoin prices, considering that the FOMC that occurred in the US yesterday did not have a very positive impact, I think this will also affect the movement of bitcoin.

It's mainly psychological barriers now. $25k then $30k might provide resistance. Or things might tail off naturally before that point.
The other thing to consider is that there will inevitably be some FOMO and panic-buying kicking in. Once that reaches a certain point, and the charts start going vertical, then there will likely be some panic of the opposite kind, and big sell-offs as we correct back to a new support level.

The rapid movement of bitcoin becomes so trend nowadays, I can see a lot of threads talking about it and I see a lot of tweets on Twitter as well, it only means that many people are waiting for this new ATH. I am still looking that it could reach up to $25000 this year but we should still not be so emotional because there are still many things that might happen with the value of bitcoin, it could still go down depends on the whales but it could also go high as well.

The sudden upsurge over $4000 within 2 days is surprisingly impressive, the price rise from $19,4k and thought the peak will be at $22k but it turned out to hit $23,777 as the new ath. Then bitcoin price quickly dropped within minutes to $22.4k right now, it isn't clear what is the next support level and the resistance will start to form after a strong resistance such as the current condition.

My guess would be probably right like having 25K$ for the ATH to be recorded. Of course it should surpass the 2017 ATH recorded bcause we are already in 2020. It was 3 years ago that bitcoin is not that popular or know compared today. Well, who would not love to have this update. I am happy for bitcoin and that I think everyone does especially those who are holding btc.

Another ATH happened to the bitcoin and this year we are making history because we break the record of what is the ATH of the bitcoin in the year 2017 and I think it will rise more before end of this year.

The next move of the bitcoin is still unknown but I hoping it will not drops so we make more the price rise and we can beat more records and if that happen again bitcoin will become trending around the world which is good because more investors will come to invest to the bitcoin.

Price at this point has started to fall and from high of 23400$ it has now back to 22600$. So is the downward trend started or just a small correction before it can take off again will be a question at this point of time. As it also rose too fast from 20k to 23k so can even expect more downfall unless whales continue buying from here.

The price went up because the rich guys started shopping. And if they do this, it means that until Bitcoin reaches 30k or even 50k, they will not sell it. This means that bitcoin will grow.

Before starting to count our chickens, I think we’d do well to look behind the curtain for the cause(s) of the run up.  

I think that in large part, it’s politics rather than fundamentals.  It’s looking ever more likely that there will be a new leftist administration in Washington next month, one bent upon instituting sweeping tax-and-spend policies, and Wall Street is going to get a large portion of the bill.  As we all know, money goes where it’s treated best, and that place will no longer be the US economy.  Money is now looking for a safe haven, namely alternative currencies.  The IRS is only now starting to seriously look at how to get control of DeFi.

We can at least make a profit now if we are worried about what happens to bitcoin later. If we take the profit now, we will have a chance to buy back bitcoin, and we can get more bitcoin because we already take profit. But it is okay if you think the bitcoin price will increase a few hours later, so you do not sell it right now. This new ATH surprise us and we are in the middle of this month, so I guess that we will get more surprises from bitcoin. So stay in tune with bitcoin price, and do not forget to make a profit.

Or else, we can still be technical in terms of visiting our trading our to see the point where many holders are preparing to sell. If I am not mistaken, there's a feature in Binance that allows us to see the sell order of the holders, at that point, we can have a hint that the price of Bitcoin might decline if that price point was hit.

But that doesn't really mean that the market will collapse, always consider that we are just looking at one exchange and there's a ton of exchange out there and many are still holding their Bitcoin outside of an exchange which makes it hard to predict whether they plan to sell or hold. All I can see from the market is that, from time to time, ATH becomes higher and higher because of the driving forces such as halving and demand.

You should edit this thread because the 23k is already answered.

actually that is 23,586 to be exact.

We are in Bull run now that we may expect the $25,000 barricade to be broken ,and then correction will follow so be aware.

It's already above $23k, the price is growing rapidly. I don't know what to expect because I didn't think Bitcoin would go above $20k this year, and yet it did. The market is unpredictable, so there are three outcomes which are all somewhat likely: the price will fall down, like it did in 2018; the price will continue going up; the price will stabilize at a new ATH. It all depends on where the community of Bitcoin owners stand: would people cash out or keep hodling? A correction will happen eventually, I think, but maybe we're not at the maximum point yet, so the price can keep growing for now.

Right now, bitcoin is in $23k and i'm looking forward for it to reach $25k which is not so impossible to happen.

As we see that there's a good thing happening in cryptocurrency world, then this is the best time for us to make transactions depending on our goal. This is the best time to benefit our crypto asset after all of this hardships that we are dealing in this pandemic. I also found that ETH is much profitable right now in the market, so don't forget your altcoins because they are also making huge profits for us.

it already reached to 23k at some point today and again turned back to $22700+ . next step of this year would be 25k in my opinion. I think $25,000 is easy target and Bitcoin will cross it in this year.  we'll see new massive highs and achievements of bitcoins next year.
in 2021 it may cross $30k.

Many of us really hope to reach the 25k price point before this year-end and I think it is possible knowing how bitcoin moves today. To be honest, I am not sure if this bull run will continue after this year, I might just play safe and just hodl my bitcoin belongings and sell some when chart sticks get out to my chart analysis.

$25k is not that far I believe. This is really a momentous event in crypto. Breaking the old ATH and now we are making another history with bitcoin. No wonder, these institutional investors keep on buying their bitcoin stash. But as a holder, you need to be alert also with the market as it can go down anytime. It is already a good time to sell some of your satoshis if you are seeing yourself that you need money in the next few days.

I think there should be a correction... Maybe after the 24,000 mark... A parabolic rise is never permanent, and corrections on such a rise happen on a massive scale!

Reaching that value is not that far from the reality since the price already reached $23k. And we are all hoping that it will continue and keep on rising before the year ends. The bitcoin itself is on the top 12 lists on the stocks, and that is a good opportunity for everyone who doesn't know bitcoin, that they are being curious about what bitcoin is. An opportunity that the knowledge about bitcoin will spread. That is good news also if those countries who banned the usage of bitcoin to adopt it now.

Im anticipating that from time to time whenever i do saw that theres some huge spike in price and just like on what is happening at the moment where
bitcoin did break its ATH and not only that where it also reach out almost 24k or seems its unstoppable which it isnt really that right to see these movements
soo fast because it will really be a having a corresponding flipping in the end of the line.We cant just see a market do move continuously in a short span of time.
Asking on whats next with the price? No one knows but it would be much preferable if we do go on a slow-paced but having a strong support kind of market.

The fulfilment of Bitcoin had surpassed $20k as predictions took place on discussions rumored around last week, and now it's been happening. The next move will be heading forward to $25k if there's no bigger corrections, bullrun is unstoppable when destined to commence. Don't ignore every single minute, we need to accumulate our holdings just to benefit from specific price increase.

I agree with you - 25k is very close and can be reached in the coming days, in fact, this will not be anything unusual, as in percentage it will be the usual price change. Right now I am thrilled to have exited at 13.5 and now I have a tough choice of buyback level.

Unfortunately, bitcoin prices are back to the lower price again, but bitcoin price is not down too deep because the price is back to the $22k level, which means the price is reduced for more than $1k. But I am sure the price will increase again because bitcoin price does not touch the real ATH, and yesterday is for a small rally of bitcoin.

What lower price? We are currently at $23,000 and the market is doing an outstanding performance even if we saw some several upsets yesterday, maybe worry for those dumps happening but instead we should take it as a big opportunity to grab and enter the market to gain from its positive volatile movement. Many people are not afraid about those small dumps since its normal and bitcoin is showing a good sign for good recoveries happening recently.

You are right, there is a big wall at the price $ 24250. If the price does not break or breaks a little then a correction will still occur. At least it will return to a price of $ 21750 or more. Currently the market is trying to hold the price around $ 22500 to $ 23200. Then look at the RSI for Time Frame 1D is still at - + 77 has not reached 100 or more so the possibility to go up is still there. This is just my analysis but I hope it happens. I also hope that when BTC corrects all coins don't follow because many coins still don't go up following Bitcoin. Apart from that, I would like other coins to have new ATH after 2017.

The price of the bitcoin is still in healthy move but it recently touched its new formed resistance at $22,800, if you will analyze the yesterday's candle; you will observe that there is a wick wherein it telling that there are sellers in that area. I'm looking forward to see bitcoin in a small consolidation (1-10 days) before it makes a move again. Take note that we are in ATH so there are still a lot of crazy move that we can see and for me patience is the most important thing that we should have but we should be careful and it for me it is the reason why we should have risk management. For those who are trend following like me, only sold your bitcoins if its price hits your trailing stop because in that way we can protect and preserve our gains.

Since it is already almost at $ 23k there is a high possibility that the Bitcoin begins to take a bullish turn towards $ 25k, it is just a matter of waiting, at the moment there is a growing volume, it is very favorable. When looking at tensorcharts.com you can see the green of the buy:

https://i.imgur.com/mSkTpp6.png

Source: https://tensorcharts.com/ (https://tensorcharts.com/)

^^ I hope we can see $25k at the end of the year because I was thinking that a correction might happen as the rally has somewhat stop. Regardless though, we are still very bullish and it's possible that since we have broken $23k numerous time, this super rally at the end of the year might have some more steam to get it to $25k, so we will see.

Unfortunately, this is not the case. There was no deep retracement. I am still thinking about the buyback. Even at the current level, if I do this, I will make a profit in bitcoins (this is an excellent result). Most likely I will wait for the beginning of the week - it seems to me that by this time the picture will clear up.

Most people await that level and for this reason I think we'll either come short or overshoot.

It's normal for Bitcoin to hit targets that are not expected by the majority like when we were expecting 20 thousand when we hit 14 last year we came short and corrected but but in 2017 and 18 we overshot a number of times.

If anyone could predict the future then they would most certainly be a very rich person. Needless to say, Bitcoin is a relatively limited commodity with only 21 million in circulation and comparable commodities like Gold are being pulled out of the ground with a seemingly infinite supply. It just depends if enough Bitcoin can stay in circulation and the means to convert it to a fiat currency remain accessible across borders, as the primary desirable trait for it is as a liquid currency unit.

But things are different to day since bitcoin has a lot of support due to what happen recently we get a series of big news happened that's why I think we will not go the same on year 2017-2018 level where we got a huge bad shoot came in the market.  But let's maybe see on what will happen next year since there still many things to consider and hopefully we see Bitcoin dominance slaying in year 2021.

$23,000 was already touched so now we speculate to hit Bitcoin at $25,000 before end of the year. In my opinion there is a chance to hit it, as long there is no bad news about bitcoin and only the good news will be spread.

Did you saw what happens with the bitcoin price yesterday? Because after the price hit $23,700, the price slowly goes down and we saw the price reach $22,400  (if I am not mistaken). And after that, the price starts to increase again this day. Yes, we are finally back to the $23k again after down to $22k. So I guess that the bitcoin price can go down again. I am not worried about the dumps happening because I always know that will happen after hitting the highest price.

Even if there is no bad news the market could still go down, the Cryptocurrency market is one of the highly volatile market in the trading business, because people are selling and buying on their own reasons, we can only speculate and right now the best price could go up to $25000 and the correction could go down to $20000, still good price though.

That's what I'm thinking as well, the new support will be the previous all time high.

Currently it touches $23,500 and it could go as high as $24k in the next 4 hours and could close the daily candle again in green. If it did, then it will remain bullish to $25k before the end of the year, so why not go for it if we can enough buyers to push it to that levels.

Of course we should prepare for any correction, we already know how volatile it is so we should have the mentality to face it when the price goes down.

Everyone is in love with bitcoin right now, I understand that when price reaches to these levels people get too excited about bitcoin and they want to see what it could become in the future but the reality is that bitcoin has increased way too much to make you that kind of profit again right now. For example, we have increased around 3x in the past 1 year right? That means if we were to let bitcoin increase another 3x from here on out, it would be around $65k or bigger, and I do not think we are going to reach those levels anytime soon.

However just because it did made that kind of profit, everyone jumps into bitcoin hoping for similar type of increases, they talk about how it will be $100k or something, the reality is that anyone who starts buying bitcoin NOW, will be late for a profiting that much, you can still profit but not x3 in a year if you bought now.

RealMalatesta

On the one hand, it is, but on the other hand, I see that my acquaintance holders are very nervous and think even more tensely than before about where the price will go. They have already made good profits and now have a difficult choice - to fix it now or hope for further growth and take risks.

Furthermore, it looks like Bitcoin will try to reach the highest price again at $ 35k,
it is indeed a difficult choice to hold, considering the trauma in 2017 bitcoin started to bearish after reaching high prices,
of course it is a lesson so we are not greedy.

Yeah, we need to keep this buy pressure up, I know it is costing everyone a lot of money to keep buying right now, but if we do not keep going we are going to have a crash. There are too many people who bought under $10k, even more than that there are people who bought under $20k as you might imagine because we have been above that for few days, which means there are tons of people who are selling to take out their profits, even if they are selling only the capital and keeping the profits in, that is a huge sum of money

It means there is a huge amount of reason to continue without selling so we need to find a reason to continue buying as well, telling people "because you can profit" will not be enough soon, we are going to have like 5-10% increases at best, biggest aim should be staying above $20k and that means people will not worry about making huge profits but no losses as well, so we do not need to find another reason to keep buying.

I mean, correction often happens after pump and it's really normal but considering all the things happening around bitcoin including the massive buys made by those investment firm isn't this bullish market is kinda an exception to the usual cyclic correction?
Though that's just my opinion but imagine if the price keeps on increasing just because there's forces to drive like paypal opening up service to exchange bitcoin and such.

Do not be worried that it went down a little, it was a near 5% fall and everyone acts like this was the biggest fall that ever existed, just be calm and realize that bitcoin is still above $23k and that is a huge price. We went to $20k (and not even $20k fully, around $19.7k) in 2017 and ever since that day we have been waiting to reach to ATH again for the past 3 years, when we first managed to break over it on 12th we failed to do it again for nearly a week again and dropped under $17k, everyone assumed we would never go back up again and start a crash. What happened?

Instead of that, we managed to actually reach to a point where dropping from over $24k to under $23k became a "news" as in bitcoin is dropping. This is not a news, it is just a correction and corrections always happens after big increases so there is nothing you need to worry about.

It is time for btc to show some corrections and that sudden drop was a signal that it will get under 20k once before it continues its rally above the latest ATH over $24k. I have read and understood that btc is still very bullish on the charts and fundamentally too, but corrections are coming.

After $ 22k, then pumped to $ 24k, and a correction to $ 21k,
I think the $ 20k level is a key bullish for bitcoin,
I hope $ 20k doesn't break down, it's terrible if that happens.

I see even bitcoin today is at $23K more. Even this price had been reached earlier yesterday, after he moved down to $22K.
It’s  likely  that  bitcoin will  continue to price steadily to $24K.  But what we  don’t want  is bitcoin  moving  down  that fast.
That’s probably now what   worries all of us.  I hope we experience  nothing like 2017 right now.  Maybe now we’re smarter
than we were yesterday.

I think it is one reason why many of us are preventing ourselves from buying bitcoin because bitcoin's price is stable at $22,000+. After all, we don't want to experience the same thing that happened in the year 2017 that bitcoin's price started to fall rapidly; that is why a lot of people who recently buy bitcoin that time lost a considerable amount of profit. But I positively think that it won't happen again because many crypto users are steadily holding their bitcoin to continue the bullish season.

Next move will be $25k or better, let's wait until further highest price would initiate a good value. Right now it was just stabilizing and gaining a good momentum, because most traders are still accumulating their holdings. Traders did buy and sell simultaneously.

I think the next move will be to $ 30k, because someone expert told me that $ 30k is something very important for bitcoin, things are still bullish, don't throw the bitcon too early.

No expert will give you an accurate result even though how good they are on chart reading since the result still may depends on what will happen in future. If there's no bad news floats next year then maybe we could reach that but since the $30k is just quite near to the current price then the possibilities is huge.

Everyone is bullish as the trend keeps rising but if the dumps started, they all change and think negatively. I'm not to wonder why people saying bitcoin will reach $25k, $30, or even $100k is because they are driven by such a mindset. I don't want to agree with these predictions but we can't deny also how positive it looks like, in fact, the current trend surprises us. But we will be cautious when investing this time, dumps is a thing that we don't have to forget, correction is huge possible to happen next.

Exactly, I'm having the same thought too, yesterday the market ended in a negative way as bitcoin lost some value which also saw many altcoins dumping massively. Although the price seems to be recovering now but lets not be too quick to judge as there's every possibility another dump is on the way that will most likely take the prices of bitcoin back to the price range of $21k before the next bull leg beginning to form.


What most so called experts are doing right now are just speculating without having any backing since they are only relying on the hopes of bitcoin continuing this upward movement until 2021. While the new milestone of $25-$30k is quite possibly for bitcoin we have to see how the market react to the correction that's due to occur. Although the market is showing signals for this development but it seems the market isn't ready for that yet and it'll cause many traders to panic and sell their coins which will push the price more downward.

an expert is not always right, but it really helps, when we exit the market and when we enter,
indeed this time we don't have to predict that the Bitcoin price will be able to go to $ 30k,
but if you don't have trading knowledge then you can stuck in this fomo, we don't know when the bulls end,
maybe before $ 30k or after $ 30k.