Bitcoin Forum

Bitcoin breaks above $19,000 and approaches record highs as cryptocurrency frenzy continues

It did just break but of course the phase is too fast expect some retracement cause definitely this is a sell pressure for most holders who bought at a very early stage. But expect some new comers also who probably will fomo. Those top coins are on the move on the last few days regarding some upcoming event of them, so only bitcoin is naturally and organically moving here. I'll be on standby cause if a dip comes after this, time to do some buy backs and opportunity for a cheaper price.

Bitcoin price is really going wild like a bull because within a year, it managed to rise the price about 7000$ and that is a big deal for all of us. Bitcoin is really the best crypto currency we can invest because it can give us a lot of earnings in just a year. If you managed to invest 100,000$ then it will be 163,000 in just a year. You just earned a 63% of your investment in just a year. Bitcoin hits 19,000 without any burden and there are still no sign that it will go down.

Bitcoin passed $19,000 but still not comfortable in position,ths must push more at least $19,500 to make us confident that the much awaited coming of another highest value is really here now.

The price is still waving from 19 to18k so still we can see some correction or at least another trap?i doubt this is  ;D

What i'm waiting also is Ethereum and Litecoin since i also have those in my Folio and doing great as well.

Bitcoin has yet to break the 2017 record.  However, the record of 2017 is likely to be broken.  And it is my belief that Bitcoin will cross $20k within the next five days.  And I believe it will go to $21400.

in a few days maybe bitcoin will make the latest history. Maybe it'll be close to $50k by the next day.

Ethereum is in a much better position with the rise in the price of Bitcoin. But the high value of Bitcoin is increasing its demand even if the price goes down after a high price will not dump too much. Everyone is coming to believe that Bitcoin will pump more towards the beginning of the new year. Many traders will benefit they invest now Ethereum's price is already rising. Very profitable for small capital and investors Ethereum will increase a lot with the crossing of Bitcoin.

^ I'm waiting for Ethereum, Litecoin, and Dash bull run. We all know that when the Bitcoin bull run, other Altcoins will follow.

Bitcoin will touch ATH a little more, hopefully, ETH, LTC, and DASH also touch ATH because just like you, I also have an investment portfolio in Eth, Ltc, and Dash.

And then bitcoin goes down below $19k, Lol, there is a big resistance around this price so don't get too excited. We're still in the ups and downs phase again before we can finally hit $20k so long way to go. So currently it's fluctuating between $18,800-$19,xxx so very unstable meaning there's a lot of buying/selling around that price range.

But as we approach December, most likely we are going to see finally $20k and reach another all time high. So just hold and remain calm.

a month there is still time for bitcoin to make movements that we don't know about, it could be that bitcoin will experience a price decline again and that might happen if we look at the past few months. bitcoin has been doing its ups and downs in a not long time and often done. the end of the year is not when bitcoin will reach its highest, but it will happen next year. So for the end of the year it is clear that there will be no surprises at all that will be done by Bitcoin.

Until now it's playing around $19,200 but did not exceed $19,300 there's still plenty of time but so far I'm happy to see that the price stay longer in $19k line.
For some who invest when the price is low I think this could be a good idea to cash out their investment for a secured profit.
But if they can still find or hoping that it would exceed $20,00 I think that could be really risky.

Feels like the new ATH is just around the corner.
I didn't expect to see it go this higher before the year starts I was just expecting it to be around $12-15K but now it is near to get a new ATH.

That's too high for expectations, dude. It's possible to hit $ 50K. however, for the next few weeks, bitcoin is expected to hit 20K to make quick profits. I think that by the end of the year, bitcoins will be over $ 20K. hopefully.

The bitcoin market have shown high level of increase in price in the last one week, but as we have always known in the crypto market when ever there is a record braking most especially if the price rise so fast then we are going to see some retracement in a short time from now. But one thing am sure of is that bitcoin is going to make an all time high record braking this period just as we witnessed in 2017.

Bitcoin has performed above the expectation of all. I also expect bitcoin not to beat 15,000 for the end of the year but here now bitcoin going higher to reach the ATH. Yesterday and today bitcoin still looking good for more highs. Advantage for early buyers to hodl for more gains.

thanks for the update but it has been our job almost every hour now to check the market if what is the status of Bitcoin and also our other altcoins.

We mainly observe the whole market now as we are not just holding Bitcoin but some alts also.

but i support the positivity in which we are now in run to break the 2017 ATH and make another one this time,Historic because even there is a pandemic that result of economic crisis yet Crypto market completely recovers from the effect.

It is started already since in the 3rd quarter but it won't just go that high fast.  Seeing again $20k is very challenging and finds it not so easy. We can't neglect dumps to come along and I even not feel so comfortable with the current position. If ever we are able to touch at $20k I don't expect that it stays from that range for longer but to think the same scenario last 2017.

Currently at $19,2014 (at this post), still it moves sideways.

The moment of bitcoin is not yet started. It might hit its price more than its highest peak. As of now, bitcoin price is stuck at 19K to 19200 dollar level. There are still doubt people that think bitcoin will crash instantly but there are many optimistic in bitcoin price. Altcoins are now moving up and I am really happy to my investment even it is not big as what others have, still I manage to get profits from the market.

I think the Bitcoin price will continue to increase until the end of this year. And hopefully it can hit the $ 25k price tag. I hope that these price increases don't stop and go down just yet. Hopefully it can go up even higher than $ 19k. and I am sure there are many people who have the same hope.

the signal has been given that the Bitcoin price is really bullish,
articles regarding the Bitcoin price going to $ 50k, or $ 316k in 2021 have also been published,
this indicates the Bitcoin price is ready to surpass the All time high!.

I dont exactly know how long have you been researching or reading about bitcoin. But i guess you might probably know that this is not the first time when BTC has had such an increment
ref:- https://www.investopedia.com/articles/forex/121815/bitcoins-price-history.asp#:~:text=Bitcoin%20Price%20History,-Bitcoin%20has%20had&text=Launched%20in%202009%2C%20the%20price,%247%2C000%20as%20of%20April%202020.
Well i have a rough memory but i feel it had crossed 20k.. Anyway so the previous time, it literally dropped really bad just because a banker (I guess JP Morgan) said something bad about bitcoin and people panicked and sold their bitcoin, which led to a massive fall in the price. So its much easier for bankers and investors to control or manipulate the value favoring them.

The market is indeed bullish but articles regarding price speculation does not determine its market value. There is a tendency to record new ATH knowing how close its price is already, and few 'steps' more could yield to another history. The best thing to do now is to wait for things to happen and wait for the right time to make an actions. Many investors are already hesitant at this point and that is because of uncertainties in this market in general such that price dump could again take place just like before.

$20,000 is something need to lookout for because it is considered as psychological barrier/border even if we hit that value we still has the chances of weak hand triggers the panic sell button.Good to see the prices are unstoppable for a while hope it will continues.

ATH is now going to be a higher level than before, it's too soon bitcoin has redeemed $ 19k and experts say that at the end of the year it will be even bigger which we hope is that if we harvest now it is already more profitable to buy lower, but I have confidence this will continue to $ 20k, but remember we have to watch out for the upcoming bears. We don't know this can reverse direction but my belief is that it will continue to jump high in the direction of the FOMO that is happening.

A massive increase will always be accompanied a massive decrease. As we can see now, previously we were hard to buy bitcoin at the lower price because its price just increase and increase, at least in one day we never found a correction.

But now, when some people/trader sell their asset its pricr just dumped $3000 in one day, I can't believe it. Indeed, a day ago we all see that bitcoin price successsfuly passed $19.500 we just need $500 to see its previous all time high was passed but now we are far to reach its all time high. We should encourage some whales out there to buy bitcoin again because the bull run is not over.

Well, currently Bitcoin goes back at the $17k USD mark again, and even most of the altcoins as well, I am not trying to make a FUD or anything but is it the end of the bull run and now it's time for a correction? What do you think guys? Anyway, we're very too close to set a new ATH but now it falls again, I hope this is just manipulation of whales, not a correction because I want to see Bitcoin make a new ATH this time. I believe that it was not yet over.

Almost all inside CMC are bleeding, Thanksgiving or Weekend trend? or Correction as it is? not sure what's the reason of this sudden downfall but for sure once fuds shows up and those weak holders follows the market trends the value will suffer more. Decide with how you understand the market situation.

Very risky for those who bought with high price, this fall will shake weak hands and influenced the market. keep in mind that whales are also playing there's a big chance that they just want to collect more bag holds before they'll start to pump back.

Just remember though that there is no such thing as parabolic rise, not just in crypto but even in stock market as well. So today correction happened, it's inevitable, but it doesn't mean that it is the end of the bullish sentiment.

Another bump in the market and then after that we might see the price goes up again to $19k after this correction. This is just a retracement, a short term change in price, nothing to worry about.

As I predicted the prices are actually started to dump before hitting 20K, its really a hard dump the prices are now in $16K and expected more fall for sure so we can conclude that this is the end of current bullish trend?

Then it falls 11% after a few days after two or three days, people call it a correction, and I think it is as the market is moving up again, I thought that it will continue to move until it hit a new all-time high, I participated in Coinmarketcap contest and put my 3 bets in the month of December,
this correction saves my bet, hopefully, next month will see a big pump, and if there's a correction it's not as big as the one we had recently.

Yup, it is not the end of the bullish trend because we will soon see another bullish trend. After this, we can expect to see the price will increase and be at the last high price before the price still increases. The chance for the price to stay at $16k will be possible, but we hope that the price will not go down too deep.

There is a difference between a correction and a trend reversal.
A correction is when after a big rise, there is a pause where price comes down a little as day traders take their profit and then resumes rising back up again after their accumulation at the bottom of the dip was ended.
A trend reversal on the other hand is a slower process where price keeps going in the opposite direction over a much longer period of time since it would be an opposite "trend" not just a short term movement.

what we have here is simply a correction and corrections in bitcoin are usually accompanied by panic sells hence the $16.2k bottom instead of a more reasonable one like $18k.

^
Prices are trying to break $18K range but failed a while ago so hopefully the panic sell didn't worked well.The prices on local exchanges are higher than the actual market so it is a good sign that people are still willing to buy bitcoin even after they see dump a day ago.

Or its simply a bullish trap from whale?

But its good to see that we have support at $17k, been fluctuating but but nowhere near the $12k-$14k range that some crypto analyst are seeing.

Maybe there are still a lot of panic selling that is going to occur, but we have to look at the long term perspective, those who sell today are going to regret when the price bounce next month or even get to a new ATH.


Possible, but we will have to see, what will be the next move of these whales. If we are going to see them transferring more bitcoin to exchanges, it means that there are still gonna sell. But if not then obviously, the bleeding could stop anytime soon.

I am sure that by the new year, the price of BTC will exceed the historical maximum and will be more than $ 20,000. if you look carefully at the chart and study it from the point of view of technical analysis, it is quite possible to predict this.

Of course technical analysis can somewhat point to a new all time high, but we can't really predict the market accurately, as we all know it is based on pure speculation so any news can affect the price. But everyone is looking at the end of the year that we could potentially see the price going to $20k. So it is possible as we have slowly retake the $18k level in the last 24 hours. And then this week, if everything has subside, no panic from investors, then we might attempt to get back to $19k.

Ta is very bad at predicting time of moves.

It's already difficult to say if price will go up or down in a volatile market influenced by news, FUD, FOMO, politics and more like BTC is.
Accurately predicting when the move will happen is almost impossible.


I also think that we'll break above 20 thousand but it could take 6 months.

Hopefully this predictions will commence once demand outstandingly obtain the strong momentum, because right now most traders were active in every price changes. However, it needs our outmost patience if we're holding a good amount of btc. This is a good preparation for another spikes coming.