Bitcoin Forum

Economy => Speculation => Topic started by: acener on December 19, 2020, 02:42:32 PM



Title: Bitcoin's highest price before the Year End's
Post by: acener on December 19, 2020, 02:42:32 PM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?

And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?


Title: Re: Bitcoin's highest price before the Year End's
Post by: Upgrade00 on December 19, 2020, 02:53:57 PM
what do you think the highest price would be?
You would need to give a time frame for this to be answered. What I expect the price to be in 1-5 years would be different from what I expect in 6-15 years from now. Also, much shorter term price predictions (12 months) would be a lot different.

I also want to ask your idea on what price would be the peak price before it gets a price correction?
I personally would not expect massive corrections during this current bull run, maybe <30%, although we'll likely have multiple price declines as it climbs higher (volatility), but it's to vague in my opinion for any prediction on when it would happen.
Some people try to predict this in order to short or buy the dip, but there is a high likelihood they'll lose out in the end.


Title: Re: Bitcoin's highest price before the Year End's
Post by: aioc on December 19, 2020, 03:43:37 PM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?

And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?

There could be a correction anytime now and we are still 12 days to go I figure $25000 is the best price that the price can go if we have a correction coming earlier and price start to pick up again we could end up with $25000, I'm good at any price as long as there no crash coming this year, we'll have the whole 2021 to speculation.


Title: Re: Bitcoin's highest price before the Year End's
Post by: LUCKMCFLY on December 19, 2020, 06:14:33 PM
I think that how everything is going, a technical value that can be taken and consolidated is $ 25k, the emotions in the market are being reflected at the moment, there is a lot of sales volume, although the price is rising, it looks great bullish trend in it, I hope the emotions in people continue to grow.

In this section on tensorcharts.com you can see for days:


https://i.imgur.com/6LGU5nO.png

The volume it shows is the real one for Bitfinex, now the last candle seen in the volume is in red, which means that they are selling, however it will continue to grow in price.


Title: Re: Bitcoin's highest price before the Year End's
Post by: BrewMaster on December 19, 2020, 06:27:58 PM
i think it is perfectly easy to reach $25k before the year ends specially since there has been a very good rise so far and we are currently sitting above the ATH and all the resistances that it imposed on bitcoin.

there could also be a panic buying because every year a certain percentage of the market thinks that there should be a dump just because it is the end of the year and when their prediction doesn't come true they always panic buy.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Noctis Connor on December 19, 2020, 07:14:28 PM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?

And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?
It is depend on the supply and investors of the bitcoin if big companies and billionaire invest into bitcoin and trust the process maybe in the next 2-3 years bitcoin price will be about $39k or maybe more as you can see when other theory for the price of bitcoin even the it is changes time to time bitcoin price hit its best price now, we should expect more about bitcoin because this is the future not only for our economy but for the future of people who uses and invested into bitcoin.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Fortify on December 19, 2020, 07:18:24 PM
The perpetual question for the speculation message board - what will the Bitcoin price be? If history has shown anything, it is that very few people can predict what the price is doing to an accurate level and it is best to just think independently of all others. I wouldn't keep all my money in Bitcoin with the expectation that it will keep growing, but with it's recent track record it would be sensible to have 5-10% allocated out of all your assets.


Title: Re: Bitcoin's highest price before the Year End's
Post by: jossiel on December 19, 2020, 07:37:17 PM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?

And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?
A question that has the answer that no one can never know.

But if it's just asking about our opinions and ideas how much it would take for bitcoin to correct. Then, the price would likely be around $22k-$24k. It just topped $24k. We might see the start of correction but if there's still no sign of it, we just have to wait until it comes.

While we're on it, enjoy the ride while it lasts. And for the highest price, we could see it at $25k just like how it has surprised us on $24k a while ago. But it might come like a flash.


Title: Re: Bitcoin's highest price before the Year End's
Post by: acener on December 19, 2020, 07:47:43 PM
Seem's like most of us are really expecting that the best price before this year ends would be $25K.
It is also the price that comes to my mind when I am thinking about the possible highest price for this year I just want to know other members opinion.


Title: Re: Bitcoin's highest price before the Year End's
Post by: AmoreJaz on December 19, 2020, 07:49:48 PM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?

And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?
A question that has the answer that no one can never know.

But if it's just asking about our opinions and ideas how much it would take for bitcoin to correct. Then, the price would likely be around $22k-$24k. It just topped $24k. We might see the start of correction but if there's still no sign of it, we just have to wait until it comes.

While we're on it, enjoy the ride while it lasts. And for the highest price, we could see it at $25k just like how it has surprised us on $24k a while ago. But it might come like a flash.

yes, what we can have is just mere speculation here. no one can exactly say that he is confident of giving a number before this year ends. but yeah, we're looking at $25k here very easy. 10 more days to go and guess what? in crypto, a lot of things can happen in that period of time.
if you want to take advantage of this opportunity, either you can have intermittent trading here or just hold. but we cant be sure for what may happen in the next coming months, so better create a strategic plan for your funds.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Dutchyyy on December 19, 2020, 08:49:55 PM
I expect the Bitcoin price to bounce between $22K and $23K in the next 12 days. I don't expect to hear any big news before New Year's Ev. Most probably, we will enjoy small volatility around the holidays.


Title: Re: Bitcoin's highest price before the Year End's
Post by: crzy on December 19, 2020, 09:38:31 PM
Let's go for a $25k price and beyond before the year end and I do hope that we continue the trend as we welcome a new year and a new chapter for Bitcoin. We're all waiting for the correction but I'm sure the correction will not that much just like before, and I think we are still bound going up so there's no sign of correction yet, maybe in the 2nd quarter of 2021, we might see it.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Wysi on December 19, 2020, 09:54:02 PM
It has already crossed $24,000 and I think it would go atleast till $30,000 before the correction period. What if there is no correction period for next one month or so? If we don't encounter any correction period till the end of January then the value of Bitcoin could touch a remarkable number which we wouldn't have imagine.

Let's consider $27k as check metrics for Bitcoin and if Bitcoin achieves this number by Christmas then we can be rest assured bitcoin will cross $30k by end of year.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Kemarit on December 20, 2020, 02:09:02 AM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?

Obviously, the next big target is $25k, this is the price that most forum members wanted to see before the end of this year.

And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?

No one really knows, currently, I will say $25k, but we can't see whether this is the top or not. If $25k can be breach without any correction then the next logical target $30k might be highest price before we can eventually see a retracement of sort that will pull back the price to the next resistance level, $20k or $25k.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Fundamentals Of on December 20, 2020, 03:21:54 AM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?

The price actually went beyond $24,000 for a short while.

Quote
And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?

We have already corrected. We are on it right at this moment. The price bounced after it breached the $24,000 level. I assume the rally will resume any hour from now. Bitcoin is still in the most bullish of bull runs right now. The next rally might bring the price above $25,000.


Title: Re: Bitcoin's highest price before the Year End's
Post by: masterzino on December 20, 2020, 04:51:44 PM
Without any extraordinary news, I think the max we will see is $25K.

People are now tempting to sell and cashout at least part profit, so there is pressure to put the price down.


Title: Re: Bitcoin's highest price before the Year End's
Post by: error08 on December 20, 2020, 05:18:02 PM
Without any extraordinary news, I think the max we will see is $25K.

People are now tempting to sell and cashout at least part profit, so there is pressure to put the price down.

The ath was $24,2k and bitcoin may against a resistance level at $24,5k if the time has come.
People tend to cash out before Christmas, so the correction could happen before December 25th.
We will see if the pattern repeated this year and if bitcoin fails to break $25k, then it may not get to that point until next year.


Title: Re: Bitcoin's highest price before the Year End's
Post by: jossiel on December 20, 2020, 07:52:10 PM
yes, what we can have is just mere speculation here. no one can exactly say that he is confident of giving a number before this year ends. but yeah, we're looking at $25k here very easy. 10 more days to go and guess what? in crypto, a lot of things can happen in that period of time.
if you want to take advantage of this opportunity, either you can have intermittent trading here or just hold. but we cant be sure for what may happen in the next coming months, so better create a strategic plan for your funds.
Truly, a lot of things can happen with that short period of time.

But I'm more hoping that with that period whether it reaches another new high or not, as long as it's maintaining itself to $20k, we're all good already. That price is already a win to us and it's much better if it's the newest support that we can ever get before this year ends.

That's not too much to ask because the crypto market is always volatile and bitcoin could get high and low within the time frame.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Jating on December 20, 2020, 09:46:26 PM
yes, what we can have is just mere speculation here. no one can exactly say that he is confident of giving a number before this year ends. but yeah, we're looking at $25k here very easy. 10 more days to go and guess what? in crypto, a lot of things can happen in that period of time.
if you want to take advantage of this opportunity, either you can have intermittent trading here or just hold. but we cant be sure for what may happen in the next coming months, so better create a strategic plan for your funds.
Truly, a lot of things can happen with that short period of time.

But I'm more hoping that with that period whether it reaches another new high or not, as long as it's maintaining itself to $20k, we're all good already. That price is already a win to us and it's much better if it's the newest support that we can ever get before this year ends.

That's not too much to ask because the crypto market is always volatile and bitcoin could get high and low within the time frame.

Right, above $20k at the end of the year? It's already a win as we have set a new all time high this 2020. But as I have said previously in other thread, the narrative has change, bitcoin is still a speculative asset, but more investors are looking at it as hedge, that's why we don't see that much dump when we top $20k.

So if $25k is the top for this year and reach last week of December, then it is already a bonus, a super fast rally as no one thought that $25k can be achieved this year because of the pandemic.


Title: Re: Bitcoin's highest price before the Year End's
Post by: bitzizzix on December 21, 2020, 01:28:56 AM
We should be happy because the increase in the price of bitcoin has exceeded the predictions of everyone who predicts the price of bitcoin at the end or beginning of the year to reach 20k.
The current price of bitcoin is an all-time new ATH, but it won't just end because in the future there will likely be another ATH that is even higher, and to hit 25k, I think that could happen in the near future as the last ATH hit 24k and close to that price.


Title: Re: Bitcoin's highest price before the Year End's
Post by: OcTradism on December 21, 2020, 01:39:37 AM
i think it is perfectly easy to reach $25k before the year ends specially since there has been a very good rise so far and we are currently sitting above the ATH and all the resistances that it imposed on bitcoin.

there could also be a panic buying because every year a certain percentage of the market thinks that there should be a dump just because it is the end of the year and when their prediction doesn't come true they always panic buy.
It does not matter if bitcoin can reach $25k or $27k. The things to worry is what can happen after bitcoin reaches that price. The game is not on the hands of retailers and I am worrying that what fearful story will be released after that price (if bitcoin reaches it).

In 2017, it is a serious debate for the hardfork that lasted some months. I can not imagine any story like that because bitcoin network is working well and the lightning network is there to be used more. Thinking of the bad story with network operation sounds unrealistic but I believe that something will happen. It is just a matter of which story.


Title: Re: Bitcoin's highest price before the Year End's
Post by: LogitechMouse on December 21, 2020, 05:43:58 AM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?

And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?
It is the first time for Bitcoin to reach that price so it is very hard to see where will be this parabolic rise will end.
We might see Bitcoin make a correction when it reached $24,000 then after correction it might go up again like what it is doing these past few weeks.

Peak price?? $24,000 & $25,000 are the possible resistances as of now that I see and either of these 2 prices might become a short to mid term resistance.


Title: Re: Bitcoin's highest price before the Year End's
Post by: jossiel on December 21, 2020, 08:59:25 PM
yes, what we can have is just mere speculation here. no one can exactly say that he is confident of giving a number before this year ends. but yeah, we're looking at $25k here very easy. 10 more days to go and guess what? in crypto, a lot of things can happen in that period of time.
if you want to take advantage of this opportunity, either you can have intermittent trading here or just hold. but we cant be sure for what may happen in the next coming months, so better create a strategic plan for your funds.
Truly, a lot of things can happen with that short period of time.

But I'm more hoping that with that period whether it reaches another new high or not, as long as it's maintaining itself to $20k, we're all good already. That price is already a win to us and it's much better if it's the newest support that we can ever get before this year ends.

That's not too much to ask because the crypto market is always volatile and bitcoin could get high and low within the time frame.

Right, above $20k at the end of the year? It's already a win as we have set a new all time high this 2020. But as I have said previously in other thread, the narrative has change, bitcoin is still a speculative asset, but more investors are looking at it as hedge, that's why we don't see that much dump when we top $20k.

So if $25k is the top for this year and reach last week of December, then it is already a bonus, a super fast rally as no one thought that $25k can be achieved this year because of the pandemic.
Yes, those new tops will be a bonus.

Just as what we have lately, there's a sudden correction that made it back to $22k. In the news, I've seen it $21,850. And that is the reason why my expectation is just showing around on $20k and making myself happy looking at that price.

Dow Jones down and the crypto market suddenly did the same. The covid-19 restriction on UK probably was all the reason for this. But anyway, the resiliency of bitcoin is always at the top.


Title: Re: Bitcoin's highest price before the Year End's
Post by: YOSHIE on December 22, 2020, 09:31:08 AM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?
as a whole 0% who know for sure the price of Bitcoin at the end of this year, predictions and analysis may be a lot to guess the price of Bitcoin at the end of 2020, sometimes the guess is right but sometimes it is wrong, which is definitely not the reason that 100% Bitcoin is at that price.

For that if you ask me personally about the price of Bitcoin and I can say for you later this year it can break through to the level of $ 28-30K, this is my analysis, of course other people have different opinions too, which is that: that's my answer to the price of Bitcoin ahead of the new year 2021.


Title: Re: Bitcoin's highest price before the Year End's
Post by: demonloso on December 22, 2020, 09:35:50 AM
 ;D (https://twitter.com/i/events/1341314416260747264) I hope bitcoin will still rise even after new year comes specially on january and February.. cross fingers :-* (https://twitter.com/i/events/1341315442976034816) Congrats to all holders..


Title: Re: Bitcoin's highest price before the Year End's
Post by: ethereumhunter on December 22, 2020, 11:26:23 AM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?

And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?

I still waiting for bitcoin price to break $24k-$25k soon, and I think that price can be achieved in this month before the end of the year. But it is hard to know if that will happen or not because we know that in this 2 day, bitcoin price is not moving too high, and although the price can back to $23k, the price went down again until now. Maybe these situations makes bitcoin price is at a sideways mode, and we need to wait for a while.


Title: Re: Bitcoin's highest price before the Year End's
Post by: RealMalatesta on December 22, 2020, 12:20:06 PM
I believe above 25k should be guaranteed at this point, even if we have a small fall, that will probably happen for a week at tops and we are going to back above 25k, or maybe we won't even have a fall and until the new year comes we are going to keep going up. At that point I am expecting a 19.2k drawback, it should not go under 19.2k because we have a great support around those levels and if it doesn't break that level, we are going to have a huge attack once again and this time around we are going to break over 30k for sure, having that kind of ammunition and profit in our pockets we will have a lot more chance to get back into bitcoin at those prices and will increase the price a ton.

Surely this is not going to be a quick deal, the quickest deal is the next 10 days and where we will end the year, and I believe we are not going to crash until the new year.


Title: Re: Bitcoin's highest price before the Year End's
Post by: meldrio1 on December 22, 2020, 02:04:12 PM
In my opinion, chances that we can see bitcoin reaching around $25k before end of this year or maybe before Christmas. As you can see bitcoin right now is stabilizing at $23k so there must be a chance that it could reach $25k price. Seems people were still holding their bitcoin but get ready for the dump happening because Christmas is near.


Title: Re: Bitcoin's highest price before the Year End's
Post by: carlisle1 on December 22, 2020, 02:50:36 PM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?
at least above 25k i guess?

Why not make this thread a Poll and Give a prize for the correct value in the end year.
Quote
And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?
The first question already collerated in this,achieving the highest price is also the parking price .
because what is the sense of looking for parking value when it will be followed by correction.


Title: Re: Bitcoin's highest price before the Year End's
Post by: blckhawk on December 22, 2020, 03:08:32 PM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?

And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?
We only have a few days left before this year comes to its end but we still hovering around $23k. Within the remaining days, I am not so sure if we will touch the $25k mark. It is more likely Bitcoin will only play around $24k this year and in the 1st quarter of 2021 is the time we will see it on the $25k mark. But who knows Bitcoin was still unpredictable after all, it can even make a huge growth within a single amount of time so I am not really sure but one thing is for sure the rally is not yet over.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Slow death on December 22, 2020, 03:18:38 PM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?

well if we look at the price I can say that the resistance that is in the area of  $24000 to $24300 is the big obstacle for the price not to reach more than $25000, that's why I think that if we break this resistance the price could increase a lot and would end the year with a price of $25,000 to $26,000. but if the price falls below the resistance that is at $21,800 then we would end the year with the price below $20,000

And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?

for that have to break the resistance as I said. you shouldn't be asking that kind of question and then making a trade, at least I hope you don't do that


Title: Re: Bitcoin's highest price before the Year End's
Post by: el kaka22 on December 23, 2020, 07:58:46 AM
I believe above 25k should be guaranteed at this point, even if we have a small fall, that will probably happen for a week at tops and we are going to back above 25k, or maybe we won't even have a fall and until the new year comes we are going to keep going up. At that point I am expecting a 19.2k drawback, it should not go under 19.2k because we have a great support around those levels and if it doesn't break that level, we are going to have a huge attack once again and this time around we are going to break over 30k for sure, having that kind of ammunition and profit in our pockets we will have a lot more chance to get back into bitcoin at those prices and will increase the price a ton.

Surely this is not going to be a quick deal, the quickest deal is the next 10 days and where we will end the year, and I believe we are not going to crash until the new year.
But for me things are looking a tiny bit scary right now. Why? Not because it had a small drop right now, that is not really that important, we have moved beyond 20k just recently and as long as we are above 20k I would be happy with whatever the result, so going from 24k+ to 21k for example, or even at 20001 dollars would be fine for me, as long as we are a hair over 20k level.

However what scares me and what scares the public from what I can see, is the fact that 2018 was a horrible year and a huge long bear run. You may say how come we are scared because 2018 was a bear run? Well it is simple really, 2017 was the last year we had the huge increase, it was on 2017 December and right now in 2020 December we had another all time high, which means if the 2017 December peak was followed by a whole year 2018 bear run, could that be similar in 2021 as well? That scares us.


Title: Re: Bitcoin's highest price before the Year End's
Post by: peter0425 on December 23, 2020, 10:18:11 AM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?

And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?
I'm enough for now, 24k is 24k and that's more than 20% increase from the last ATH back in 2017.

Seeking for more might deliver losses,though i maintain my 25% capital inside and convert some part and others are converted to altcoins for another set of holding ready for next year.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Oasisman on December 23, 2020, 11:03:53 AM
But for me things are looking a tiny bit scary right now. Why? Not because it had a small drop right now, that is not really that important, we have moved beyond 20k just recently and as long as we are above 20k I would be happy with whatever the result, so going from 24k+ to 21k for example, or even at 20001 dollars would be fine for me, as long as we are a hair over 20k level.

However what scares me and what scares the public from what I can see, is the fact that 2018 was a horrible year and a huge long bear run. You may say how come we are scared because 2018 was a bear run? Well it is simple really, 2017 was the last year we had the huge increase, it was on 2017 December and right now in 2020 December we had another all time high, which means if the 2017 December peak was followed by a whole year 2018 bear run, could that be similar in 2021 as well? That scares us.

I understand how Btc has been moving similarly in a 3-year cycle or the post halving bullish predictions. And I can't deny the fact that a huge chance for a bearish run early in 2021 might happen, thus people might panick again rushing to dump before it crashes down below 50%.
Nevertheless, we still have more than a week now, let's see how Btc would react in the new year.
Though, I'm still in a very bullish mode, looking forward for Bitcoin to hit the $30,000 mark.


Title: Re: Bitcoin's highest price before the Year End's
Post by: TravelMug on December 23, 2020, 01:05:16 PM
But for me things are looking a tiny bit scary right now. Why? Not because it had a small drop right now, that is not really that important, we have moved beyond 20k just recently and as long as we are above 20k I would be happy with whatever the result, so going from 24k+ to 21k for example, or even at 20001 dollars would be fine for me, as long as we are a hair over 20k level.

However what scares me and what scares the public from what I can see, is the fact that 2018 was a horrible year and a huge long bear run. You may say how come we are scared because 2018 was a bear run? Well it is simple really, 2017 was the last year we had the huge increase, it was on 2017 December and right now in 2020 December we had another all time high, which means if the 2017 December peak was followed by a whole year 2018 bear run, could that be similar in 2021 as well? That scares us.

I understand how Btc has been moving similarly in a 3-year cycle or the post halving bullish predictions. And I can't deny the fact that a huge chance for a bearish run early in 2021 might happen, thus people might panick again rushing to dump before it crashes down below 50%.
Nevertheless, we still have more than a week now, let's see how Btc would react in the new year.
Though, I'm still in a very bullish mode, looking forward for Bitcoin to hit the $30,000 mark.

We are not yet in the bubble, we are just about to start in 2021 so I speculate that we won't see a bearish run, although we will see such volatile movement or some few dumps here and there, but it doesn't mean that we are are entering a bearish trend like 2018.

So the likelihood of hitting $30k in the first quarter is still there, the sentiments and greed index is still very high, FOMO is going to set in again at probably around $25k and then a push to $30k will take shape next year.


Title: Re: Bitcoin's highest price before the Year End's
Post by: lienfaye on December 23, 2020, 01:37:08 PM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?

And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?
Well no one can accurately answer your questions since anything is possible to happen. The price of bitcoin can increase further if the demand stay high and hodlers are refraining themselves from selling but it can change unexpectedly in just a snap. Some investors are weak when it comes to a situation that the price started to decline, thus if there's a correction that happened its inevitable for these investors to panic sell due to their fear of losing their money.

Anyways few more days before this year end, I think the price can possibly reach $30k before a major correction happen.


Title: Re: Bitcoin's highest price before the Year End's
Post by: mich on December 23, 2020, 01:50:05 PM
Well now there is only 9 days left in this miserable year 2020 and I still think we will see a correction period before the year is over.
It could go something like BTC price for 1 coin is 25k but then we see a immediate 'correction' to below 20k.
I am still not convince that we will not see a lower price before year over.  Hope I am wrong.


Title: Re: Bitcoin's highest price before the Year End's
Post by: LUCKMCFLY on December 23, 2020, 04:13:55 PM
I think that as the market is going, the maximum for me that it can reach is $ 25k, it is a round and pleasant figure for Strong Hands, apart from when it is at 1/4 of $ 100k it will produce more emotions, therefore it may be consolidate there for a long time and create a liquidity zone to withstand any attack from the Bears.


Title: Re: Bitcoin's highest price before the Year End's
Post by: abel1337 on December 23, 2020, 07:06:31 PM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?

And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?
$25k would be the price I want and the realistic price we could expect that bitcoin can go up to before this year-end. I also expect that if bitcoin reaches the $25k milestone it would be corrected afterwards. I just hope that there wouldn't be a huge dump on bitcoin before this year end. At least there's something good happen in 2020.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Inspiron14 on December 23, 2020, 10:51:20 PM
and it has already happened, Bitcoin before the new year can reach an all time high,
and this makes everyone into Fomo, the proof is that the support at $ 21k is strong holding the correction.
maybe before the Year End's Bitcoin retest in $25k again.


Title: Re: Bitcoin's highest price before the Year End's
Post by: jaberwock on December 24, 2020, 09:17:42 AM
I believe it will be above 25k for sure, it is not going to be too much, I am not expecting over 30k at all, however I am expecting over 25k by the looks of it. Obviously this depends on the market sentiment and if it will change, but for now whenever we go down, it goes down only a bit and goes back to where it was, which means the market rejects going down, and that is a very important info we have, if the market declines to go down that means it will go up eventually, as long as we can keep our prices.

This means price will go above 25k as long as we stay on the same logic, will it be before the new year comes? I do not know, maybe it will happen a month from now. Which answers the question, price will probably be 25k+ when the year ends, that is the prediction I have, but if it fails, I am sure it will be somewhere between 20k and 25k that is for sure.


Title: Re: Bitcoin's highest price before the Year End's
Post by: KTChampions on December 24, 2020, 11:44:18 AM
I think it makes sense to consider not the peak values (which can be any but very short-term) but the average. At least the average daily price can be considered real (bitcoin trading volumes are very large per day and are difficult to manipulate). But in principle, for interest to continue to grow, even a sharp increase will create a lot of info reasons.


Title: Re: Bitcoin's highest price before the Year End's
Post by: posi on December 24, 2020, 01:20:01 PM
and it has already happened, Bitcoin before the new year can reach an all time high,
and this makes everyone into Fomo, the proof is that the support at $ 21k is strong holding the correction.
maybe before the Year End's Bitcoin retest in $25k again.
The chance for the Bitcoin market to test the $25K peak is strong but i don't think it will be for long before market correction happen for the preparation of the new year bullish market.


I think it makes sense to consider not the peak values (which can be any but very short-term) but the average. At least the average daily price can be considered real (bitcoin trading volumes are very large per day and are difficult to manipulate). But in principle, for interest to continue to grow, even a sharp increase will create a lot of info reasons.
The Bitcoin market trading volume is enormous but it doesn't make the coin to be difficult to manipulate cause if three or more whales decided to dump at the same time they can manipulate the market.
With that beeen said, i believe $25K is the new peak until it next year.


Title: Re: Bitcoin's highest price before the Year End's
Post by: SquallLeonhart on December 24, 2020, 04:57:05 PM
We are hanging above 23k and insisting on not falling down, that is something good for us. This shows that the year will end 23k+ most probably. Obviously we do not know what is going to happen 100% sure, we are all waiting for something to happen but we can't guarantee something, however considering we only have 7 days left, I could easily say that the best case we could do right now would be 23k+ in prediction, even though it could be 10k or 30k and both have equal chances.

Look at what is going on with the crypto community right now, everyone is taking a step back, people who would like to buy bitcoin buys less and people who want to sell sells less as well, which keeps the price afloat and nothing more. These days of crypto is not really that bad, I like this period of bitcoin as well, it doesn't move much and just hangs in the same levels.


Title: Re: Bitcoin's highest price before the Year End's
Post by: gabbie2010 on December 24, 2020, 08:37:20 PM
Once the resistance at $24K is broken then the possibility of the price reaching $28K to $30K before the end of this year is quite feasible but that resistance is proving to be strong one almost 8 days to go now, the price had been ranging between $22k5 to $24K I was a bit surprised that the price didn't witnessed any dump in this Christmas period with my assumption that many hodlers will exchange to fiat to buy stuffs and gift in this festive period however that has no impact on the price.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Hippocrypto on December 24, 2020, 11:57:17 PM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?

And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?

It's not rare sight to see bitcoin give good return on End Year, I predict the price will go around $23K-$25K till its correction since it touch new ATH almost $24K. It's not impossible to get another pump on next year which we still have time to prepare more money to fill our bag before it touch another new ATH  :P
That's the same pattern I seen last two years ago, Bitcoin soars higher which nobody expected to happen. To those who been filling up their wallets with enough coins was too lucky to benefit with ATH value. This is just the beginning and I think for next year there will be more exciting moments, so keep on aiming high and always stay focus everytime fluctuation changes.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Ridwan Fauzi on December 25, 2020, 03:03:13 AM
Five days left before the end of this year and bitcoin still traded in sideaways market. The fundamental factor is still good for bitcoin and can push its price above $25.000 but there is a possibilities for some investor who decide to take their profit at the end of this year and maybe the correction will come.

I have sold a half my investment in bitcoin so as I have no worry if the correction come and I'll buy back when the strong support is achived and seem like $20.000 is the strong support right now or if its broken then next strong support will be in $12.000 barrier. But my prediction for the end of this year, bitcoin will still in above $20.000.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Oasisman on December 25, 2020, 03:23:12 AM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?

And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?

It's not rare sight to see bitcoin give good return on End Year, I predict the price will go around $23K-$25K till its correction since it touch new ATH almost $24K. It's not impossible to get another pump on next year which we still have time to prepare more money to fill our bag before it touch another new ATH  :P

Almost $24,000? CMC has recorded $24,200+ as the highest Btc price. Predictions about $20,000 - $25,000 price range before the year ends is pretty common and it's the closest possible scenario, but Bitcoin could jump thousands of dollars in just a few hours. So, why not aim to see a $30,000 figure lol.
However, I don't see any signs of sharp correction yet. Hopefully Bitcoin could still continue the good run in 2021.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Oshosondy on December 25, 2020, 06:24:28 PM
There is nothing still impossible about bitcoin, it is very possible that bitcoin will get to all time high which could be $25000 before the end of the year but I think even if not possible, it is very possible and more certain that bitcoin will get to $25000 the beginning of next year.

I think it makes sense to consider not the peak values (which can be any but very short-term) but the average. At least the average daily price can be considered real (bitcoin trading volumes are very large per day and are difficult to manipulate). But in principle, for interest to continue to grow, even a sharp increase will create a lot of info reasons.
I too will consider the average daily price because of what you said. But as for the best about trading, I do have my stop loss in order to have a better profit which can still be around the average daily price.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Reid on December 25, 2020, 06:59:37 PM
Slowed down at 23k then back and forth. Now at 24k.
I think this might the highest it could get for this year.
Next year will be the real question.
Will it be panic once it goes down for a 3k difference or will it be another bull run because the hype won't calm down?
I guess no one can answer that yet but I am still trying to be optimistic this price should stay and be the bottom.


Title: Re: Bitcoin's highest price before the Year End's
Post by: kapalmabur on December 25, 2020, 10:42:34 PM
before the end of the year Bitcoin experienced high volatility. dump $ 1000 and now pump more than $ 1000,
even hit a new ATH, of course $ 24k has been passed and now Bitcoin is trying to push the price upwards of $ 25k,
it's fun but also terrible saw the bitcoin price go up.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Wulan_maniez on December 25, 2020, 10:46:14 PM
Bitcoin price today is $24,489, this is a remarkable achievement, yesterday I saw the price of bitcoin is only $23K.
Because the end of the year is only a few days away, maybe the peak  price this year  could reach $25K.  Because if you
look at the price now, it’s very close to  heading for $25K.  It seems like many people  also think this is the most suitable
price for the end of the year.


Title: Re: Bitcoin's highest price before the Year End's
Post by: AmoreJaz on December 25, 2020, 10:53:15 PM
Bitcoin price today is $24,489, this is a remarkable achievement, yesterday I saw the price of bitcoin is only $23K.
Because the end of the year is only a few days away, maybe the peak  price this year  could reach $25K.  Because if you
look at the price now, it’s very close to  heading for $25K.  It seems like many people  also think this is the most suitable
price for the end of the year.

high probability that we will hit 25k as we change the year here. a new ATH is on the horizon. for how long we will see that kind of price? no one knows. we are all just spectators here and hoping that it keeps on going this way. for new crypto buyers, they should know what theyre getting into.we are still in crisis, so they should know the risk involved if they are putting their hard-earned money into crypto.


Title: Re: Bitcoin's highest price before the Year End's
Post by: error08 on December 25, 2020, 11:12:39 PM
Bitcoin price today is $24,489, this is a remarkable achievement, yesterday I saw the price of bitcoin is only $23K.
Because the end of the year is only a few days away, maybe the peak  price this year  could reach $25K.  Because if you
look at the price now, it’s very close to  heading for $25K.  It seems like many people  also think this is the most suitable
price for the end of the year.

high probability that we will hit 25k as we change the year here. a new ATH is on the horizon. for how long we will see that kind of price? no one knows. we are all just spectators here and hoping that it keeps on going this way. for new crypto buyers, they should know what theyre getting into.we are still in crisis, so they should know the risk involved if they are putting their hard-earned money into crypto.

Another attempt to break the resistance level of $25k, after a little reject at $24,6k a few hours ago as bitcoin at $24,7k right now and keep climbing, really close to hitting that target. Bitcoin could hit $25k sooner or later before the end of the year if there is no significant retracement takes place like the last time it fell to $22k.



Title: Re: Bitcoin's highest price before the Year End's
Post by: Dr.Osh on December 26, 2020, 04:38:18 AM
sometimes at the end of the year, the price of bitcoin decreases, but nowadays, bitcoin price is really very expensive. however I didn't expect that bitcoin price would reach $ 25k by the end of this year. in fact, the price development is really very big compared to early 2020. I think that the price could reach $ 26k or more this year.


Title: Re: Bitcoin's highest price before the Year End's
Post by: bitterguy28 on December 26, 2020, 04:54:53 AM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?

And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?
I've already Answered this recently and i will say it again, 25,000$ is the main target this Year not unless Investors enters more after hitting that amount.

But i doubt it because Sure there will be correction and that is the buying time for added funds .

SO those who are buying at this High?they are the new investors and cares nothing about the Value.


Title: Re: Bitcoin's highest price before the Year End's
Post by: KTChampions on December 26, 2020, 12:46:16 PM
I think it makes sense to consider not the peak values (which can be any but very short-term) but the average. At least the average daily price can be considered real (bitcoin trading volumes are very large per day and are difficult to manipulate). But in principle, for interest to continue to grow, even a sharp increase will create a lot of info reasons.
The Bitcoin market trading volume is enormous but it doesn't make the coin to be difficult to manipulate cause if three or more whales decided to dump at the same time they can manipulate the market.
With that beeen said, i believe $25K is the new peak until it next year.

At least two or three whales - it does not matter. Do you understand how much money needs to be invested in manipulation? I believe in short-term manipulation - everything is clear (a big sell or buy affects the market), but to manipulate the market over a long distance, you have to invest billions. Does this make sense? Is it possible to profit from such manipulations? I have doubts about this.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Question123 on December 26, 2020, 12:54:08 PM
Bitcoin highest value is hard to determine now because bitcoin movement is unpredictable but for sure the lowest possible to the bitcoin is 20k dollars before end of the year which is still good but hope not dump like that value.
I was thinking the possible highest price now that bitcoin can achieve is 25k dollars and if we see that it is good end of 2020 and we can make a new history again in 2021 after this year.


Title: Re: Bitcoin's highest price before the Year End's
Post by: posi on December 26, 2020, 04:51:34 PM
I think it makes sense to consider not the peak values (which can be any but very short-term) but the average. At least the average daily price can be considered real (bitcoin trading volumes are very large per day and are difficult to manipulate). But in principle, for interest to continue to grow, even a sharp increase will create a lot of info reasons.
The Bitcoin market trading volume is enormous but it doesn't make the coin to be difficult to manipulate cause if three or more whales decided to dump at the same time they can manipulate the market.
With that beeen said, i believe $25K is the new peak until it next year.
At least two or three whales - it does not matter. Do you understand how much money needs to be invested in manipulation? I believe in short-term manipulation - everything is clear (a big sell or buy affects the market), but to manipulate the market over a long distance, you have to invest billions.
I totally understand how much money it will cost to manipulate the market now especially when the Bitcoin capital is huge than before but the last time i checked crypto market cant be manipulated only through whales dump and what I am trying to say is that if the 3 of the highest Bitcoin accumulator in the institutions decide to dump their holding with the inclusion of FUD news they will manipulate the market just like how Woz does when he publicly make the announcement of selling all his holding cause the market can dump anytime.

Does this make sense? Is it possible to profit from such manipulations? I have doubts about this.
Yes, it possible to make a profit if you play along.


Title: Re: Bitcoin's highest price before the Year End's
Post by: acener on December 26, 2020, 06:33:51 PM
Most of us are expecting the highest price for this year would be $25K and now it is already above it,
I feel like we would really be hitting it so high next year and we would never see it below $20K again or it is safe to assume that it would never get down to 4 digit again.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Oilacris on December 26, 2020, 11:50:36 PM
Most of us are expecting the highest price for this year would be $25K and now it is already above it,
I feel like we would really be hitting it so high next year and we would never see it below $20K again or it is safe to assume that it would never get down to 4 digit again.
Even if the market is now hyping up or in a good run but we cant really be sure on what would happen next years to come.We are now hitting new ath's everytime

but my guts do tell me that we should really be securing profits now to those people who had able to make some profit.Dont wait for more rise because we wont know

on next minute it will crash. $30,000 might be reached but its wise to make up some move now because we are already on peak and thats what my gut says. hehe


Title: Re: Bitcoin's highest price before the Year End's
Post by: STT on December 27, 2020, 12:40:08 AM
I was told be bullish at 26125 or above, that was just about the recent low recently observed on hourly bars.    Seems to be however some may doubt that price action does not want to correct downwards on any time frame, I do think it will exhaust itself to act in this way but thats an idea and its actually rising anyhow.

https://talkimg.com/images/2023/06/12/A191d.png

Nowhere close to 2 day average, I dont watch anything shorter then that really but a target downside or fallback would be 24500 still very high of course.   Until it goes back there its in an unknown area.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Kong Hey Pakboy on December 27, 2020, 01:00:02 AM
Most of us are expecting the highest price for this year would be $25K and now it is already above it,
I feel like we would really be hitting it so high next year and we would never see it below $20K again or it is safe to assume that it would never get down to 4 digit again.
Even if the market is now hyping up or in a good run but we cant really be sure on what would happen next years to come.We are now hitting new ath's everytime

but my guts do tell me that we should really be securing profits now to those people who had able to make some profit.Dont wait for more rise because we wont know

on next minute it will crash. $30,000 might be reached but its wise to make up some move now because we are already on peak and thats what my gut says. hehe
I also suggest  that we should definitely be securing our profits when we already have been able to gain profits during the bull run because no one knows if bitcoin will stay on its current price or will make a huge decrease; that is why we must be so sure that we must not experience the same thing that just happened to us in the year 2017


Title: Re: Bitcoin's highest price before the Year End's
Post by: lunnatic on December 27, 2020, 11:52:48 PM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?

And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?

looks like bitcoin price exceeded people's expectation, because people predict that bitcoin price will reach $ 25k by the end of the year,
but $ 28k is reached at the end of this year, of course this will be a special year for bitcoin,
maybe 2021 will be the year of bitcon and altcoin, hopefully.


Title: Re: Bitcoin's highest price before the Year End's
Post by: globalpain on December 30, 2020, 10:38:37 PM
before the end of the year we already saw $ 28k hit in bitcoin,
and now bitcoin price is trying again to breakout from $ 28k, i don't know if this will work or not,
for sure if you want to buy make sure bitcoin brekaout first.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Baofeng on December 30, 2020, 11:54:43 PM
before the end of the year we already saw $ 28k hit in bitcoin,
and now bitcoin price is trying again to breakout from $ 28k, i don't know if this will work or not,
for sure if you want to buy make sure bitcoin brekaout first.

What breakout? it only happens when the price is trading sideways and waiting for a breakout run, either the price goes up, or it goes down even more. But as of the current movement, the trend is bullish so obviously the price is going up. And even if we have a retracement, the price will still be in the $20k'ish, and if the trend continues up to next year, then we might not see any pull back.

As for the highest price, I would go around $29,100-$29,300 as the highest before the end of the year.


Title: Re: Bitcoin's highest price before the Year End's
Post by: samson on December 31, 2020, 12:11:13 AM
before the end of the year we already saw $ 28k hit in bitcoin,
and now bitcoin price is trying again to breakout from $ 28k, i don't know if this will work or not,
for sure if you want to buy make sure bitcoin brekaout first.

What breakout? it only happens when the price is trading sideways and waiting for a breakout run, either the price goes up, or it goes down even more. But as of the current movement, the trend is bullish so obviously the price is going up. And even if we have a retracement, the price will still be in the $20k'ish, and if the trend continues up to next year, then we might not see any pull back.

As for the highest price, I would go around $29,100-$29,300 as the highest before the end of the year.

It's gonna be above $30k


Title: Re: Bitcoin's highest price before the Year End's
Post by: Reatim on December 31, 2020, 02:24:02 AM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?

And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?

Recorded Hours Ago

Quote
All Time High
Dec 31, 2020 (2 hours ago)
$29,244.88 USD

and we still have almost 24 hours to wait,
this is exciting because we are almost year end but Bitcoin still showing strong Movement .

If we look back in 2017 ,This is far different and very promising , very unpredictable Moment of Bitcoin movement that happens in December .mostly we are in downtrend in 3-5 days before each end year .

But today ,Something still cooking for the waiting supporters.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Fredomago on December 31, 2020, 03:32:56 AM
Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?
Still no certain answer mate ,because even now that only remaining hours before the closing of 2021 ,Bitcoin still making another History by reaching more than 29,000$ so there are lots of things to expect in the next coming hours.
Quote
And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?
This is really not going to have a certain answer ,the falling of price will only comes when the investors stops buying but until now purchasing power of bitcoin is in the air.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Kemarit on December 31, 2020, 05:56:03 AM
$30,000 end of the year price? LOL, it's like every day we ended and keeping the market into a bullish trend and pushing the boundaries to a level we haven't touch. So currently @$29,000 and still increasing, no doubt that in less that 24 hours the price could really go to as high as $30,000.

And then we will see if this is going to continue (I hope) in 2021, lots of exciting things are still ahead of us, maybe we will hear that another huge company join the bandwagon and then $50,000 will be there.


Title: Re: Bitcoin's highest price before the Year End's
Post by: shoreno on December 31, 2020, 06:23:18 AM
$30,000 end of the year price? LOL, it's like every day we ended and keeping the market into a bullish trend and pushing the boundaries to a level we haven't touch. So currently @$29,000 and still increasing, no doubt that in less that 24 hours the price could really go to as high as $30,000.
i like that laugh of yours . 30k seem to be a joke now but before when in times that we are stagnant for a long time at a verry low price we never underestimate the btc price . i think its not bad to act like this sometimes .

And then we will see if this is going to continue (I hope) in 2021, lots of exciting things are still ahead of us, maybe we will hear that another huge company join the bandwagon and then $50,000 will be there.
i like this too . seeing a new company join the ride but i cant guess if what kind of company is this , we already have payment method which is paypal , porn industry join us which is pornhub . whats next ? but whatever they are i would be happy to try their service after they support btc and crypto payments , just another way of saying thanks


Title: Re: Bitcoin's highest price before the Year End's
Post by: Timelord2067 on December 31, 2020, 07:21:02 AM
With hours to go before we ring in the new year I'm going to say there'll be a rally to fall over the $30,000 mark and will then take a breather for a few days before surging another $5,000 to end January at $35,000 levels.


Title: Re: Bitcoin's highest price before the Year End's
Post by: dunfida on December 31, 2020, 09:52:47 AM
With hours to go before we ring in the new year I'm going to say there'll be a rally to fall over the $30,000 mark and will then take a breather for a few days before surging another $5,000 to end January at $35,000 levels.

I do have the same feels but i do also have something that do hold back that there might be some sell off neither on Jan 1 - 2, 2021 after these holiday season.
We might not or might able to cling up to 30k usd or even more and 1k usd isnt really too far off to move even though we are only a few hours left for the new year.
I wont be surprised if we do have a glimpse or able to touch it out and might have some correction after that but it would be great if we break even higher
with that. 2021 might not or might be a good year on this market.


Title: Re: Bitcoin's highest price before the Year End's
Post by: ethereumhunter on December 31, 2020, 10:34:00 AM
Bitcoin price already touches $29,400 level, although the price back to the $28,700 level. That is the highest price that we can see before, and bitcoin price still has more chances to go back to that high price, but we need to be patient because the price is down and adjust to the lower price. If the situation is like this and we have more supports, we will see the price increase once again, and who knows, after that, the price can increase and hit $30k, which we wait for a while.


Title: Re: Bitcoin's highest price before the Year End's
Post by: mersal on December 31, 2020, 02:07:45 PM
Highest recorded price for bitcoin price per unit is $29,224 with the reference of coinmarketcap but currently in mid 28K at the moment so in my opinion the value which I said earlier will likely to be the highest price of bitcoin for the year 202o because we only have very few hours to enters into the 2021. Literally it is already new year in some countries so just conclude that value is the highest. ;D

Happy New Year Guys! :-*


Title: Re: Bitcoin's highest price before the Year End's
Post by: Lucius on December 31, 2020, 02:27:07 PM
Incredible end of the year in terms of BTC prices, at least for me personally, but I also believe for most of those who expected that this year we will not reach the new ATH. After the events in March this year, it is amazing how much BTC surprised everyone and became the most sought-after commodity on the market.

To compare halving 2016 when by the end of the year the price had only risen 100%, this year we have an incredible 400% (from the moment of halving around $7000) and now the only question is where is the limit and is there any at all. The big players have actually just started to explore the field with relatively small investments for them (except for MicroStrategy), which means that next year will be very interesting in the sense that we will find out if this trend will continue.

What saddens me a little is the fact that many small investors were convinced that the end of 2017 would happen again and sold out as soon as the new ATH was reached. What I see now is that they found themselves in a very unusual situation with the main question being "Correction when?"


Title: Re: Bitcoin's highest price before the Year End's
Post by: Baofeng on January 01, 2021, 04:13:04 PM
before the end of the year we already saw $ 28k hit in bitcoin,
and now bitcoin price is trying again to breakout from $ 28k, i don't know if this will work or not,
for sure if you want to buy make sure bitcoin brekaout first.

What breakout? it only happens when the price is trading sideways and waiting for a breakout run, either the price goes up, or it goes down even more. But as of the current movement, the trend is bullish so obviously the price is going up. And even if we have a retracement, the price will still be in the $20k'ish, and if the trend continues up to next year, then we might not see any pull back.

As for the highest price, I would go around $29,100-$29,300 as the highest before the end of the year.

It's gonna be above $30k

Unfortunately, no $30k at 2020. My prediction is close though, depending on exchanges it's around $29,400++. Nevertheless, we are still in the bull run so it doesn't matter if he didn't hit in at the end of the year, we have 2021, lot of wiggle room to work on it. Besides, <$1k, it can easily be hit by first week of January.

Anyways, Happy new year to everyone, let's remain and be positive in 2021, and hope that the price will continue its exponential growth.


Title: Re: Bitcoin's highest price before the Year End's
Post by: Ridwan Fauzi on January 01, 2021, 04:22:41 PM
Bitcoin price already touches $29,400 level, although the price back to the $28,700 level. That is the highest price that we can see before, and bitcoin price still has more chances to go back to that high price, but we need to be patient because the price is down and adjust to the lower price. If the situation is like this and we have more supports, we will see the price increase once again, and who knows, after that, the price can increase and hit $30k, which we wait for a while.
Based on daily candle it has been five days the candle is formed by green candle which mean we haven't seen the bearish market yet. Moreover on the weekly time frame the candle has formed the bullish engulfing that indicates we are still in the bull run market. We never know when this situation will end, but we have to be careful and take a chance whilst we can get a huge profit from the short term investment.