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Author Topic: who believes that the price of BTC high next month?  (Read 714 times)
doomloop
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November 29, 2020, 03:11:44 PM
 #81

Will the bitcoin really go up to  25,000 dollars next month? As far as I've read and know the Btc information. As far as i'm I think the Bitcoin price will go up to  22,000$. what is your opinion?
Lmao, why do people like assuming that price will go up when they are not very sure about it? Once you all start seeing that the price is going up you start randomly predicting high numbers.

Well, you should check the BTC now it is down to around $17,000, and we don’t know at what price we will be seeing it next. Before you write posts likes this, first do your own research, do good analysis to backup your claims, and not just come here and say that price will go up when you can’t even prove it if you’re told to do so. Anyway, let’s just wait for December and see what will happen then whether the price will turn back up or not.

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November 29, 2020, 03:31:02 PM
 #82

That is hard to say and I don't think why people are so burdened with price predictions. I know that price was very close to 20000$ this time but volatility and corrections are normal so that needs to be accepted.
How the price will move depends on so many different factors but currently we are in phase of slightl correction and I don't think that the fact we are entering into December and approaching to Christmas has the impact on price.

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November 29, 2020, 04:53:56 PM
 #83

That is hard to say and I don't think why people are so burdened with price predictions. I know that price was very close to 20000$ this time but volatility and corrections are normal so that needs to be accepted.
How the price will move depends on so many different factors but currently we are in phase of slightl correction and I don't think that the fact we are entering into December and approaching to Christmas has the impact on price.
Yes, the truth is no one really knows. Since the market is extremely volatile, this is also absolutely true Bitcoin could reach $20,000 by next week. Anyway, According to some expert the correction of bitcoin is looking very healthy and certainly necessary before the rise to $20,000
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November 29, 2020, 07:15:01 PM
 #84

Will the bitcoin really go up to  25,000 dollars next month? As far as I've read and know the Btc information. As far as i'm I think the Bitcoin price will go up to  22,000$. what is your opinion?
yes I just might break that price. and it would be better if the price was $ 30 000. if you look at the chart it will be able to go up at that price

If we break 20k we won't stop at 30. It's going to be 50 or higher. In the past Bitcoin has never broken an all time high just to go up by 50%. It was always 300% or more.
I'm not trying to create a hype here, but just take a look at the previous bull runs. When we broke 1k usd we went to 3k right away and then about 6 months later we again went up to 20k. In 2013 when we broke $300 we went to 1.1k. It's just the way it is.

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November 29, 2020, 08:21:32 PM
 #85

Yes, the truth is no one really knows. Since the market is extremely volatile, this is also absolutely true Bitcoin could reach $20,000 by next week. Anyway, According to some expert the correction of bitcoin is looking very healthy and certainly necessary before the rise to $20,000

It seems to me that the most important question is our planning horizon. If we invest in bitcoin for the long term, then it makes no difference when ATH is achieved - next month or next year. This approach saves you from losing a lot of nerves like investing for a short time or even trading.

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December 21, 2020, 09:22:28 AM
 #86

Bitcoin has had a parabolic rise since September with few corrections, and I imagine many BTC holders who sold around 17K hoping to buy back in around 13K are nervous watching BTC consolidating around 18.5K. We have started to see company buying of BTC like with Michael Saylor of MicroStrategy who has been all over the Internet explaining his $425M buy of BTC in logical and persuasive fashion, and Stanley Drukenmiller’s statement last week on CNBC that he finally owns some BTC as well as gold as a hedge against the US dollar along with the list of Billionaires that are bullish on and own BTC will likely create a type of Institutional/Company/rich individual FOMO into BTC - which is becoming scarcer with the negative inflow of BTC into centralised exchanges where the USD/BTC price is determined, although the big company/institutional/rich individual buying is mainly done off-market OTC! This all strongly suggests a tidal wave of big money is coming for BTC once regulatory and Company Board and rich money investment is in place, and we may well see Plan B’s Stock to Flow model of BTC predicting a price of ~$50K for BTC at end 2020 heading to a price of $100K in 2021 after that third halving in May 2020 come true - like my own exponential chart model of BTC’s price I published here in 2018 that showed the 24 month up and 24 month down pattern that BTC has followed since 2012 and that predicted an end 2020 price of about $40K and an end 2021 price of about $200K or ~ 12x the price we have now! So while many technical indicators point to a sharp correction soon to about $13K allowing a good buy into the bull market after the third halving with the institutional/company/rich money coming in strong and then the retail FOMO once BTC cracks ~$25K that takes us to the next likely BTC high of $100-200K in 2021, I wouldn’t hold my breath that BTC will see a price again under 17K - and I am 50% invested at the $18.5K awaiting that likely correction to ~$13.5K to go all in again and my advice is don’t wait fully in cash on the sidelines waiting for a big correction that may not come atm and may in fact happen from say $30K to $20K in Dec 2020 or early 2021 - cause if you miss a 10x increase in BTC price over the next 12 months from the current $18.5K you’d certainly be kicking yourself for selling at the current price or staying out of the market now waiting for a lower price! So this is not investment advice of course, but it’s uncanny how BTC is following the exponential models of Plan B and myself from 2018 and it’s on the pathway we both projected forward for it then $100-200K for the increasingly scarce BTC that will be for sale next year - interesting! https://i.imgur.com/53fIc6X.jpg

Just looking at this November post of mine 4 weeks later and they were prophetic words about BTC being more likely to hit 25K in December rather than correcting down under 17K as its next step, and thinking also how it would be very nice if my prediction that BTC hitting 25K in Dec 20 would be a springboard to it hitting an ATH of $100-$200K in 2021 also comes to pass making a lot more BTC investors fiat millionaires for the Glassnode statistics! Glassnode released an interesting metric 4 days ago that showed BTC addresses holding at least $1M USD had gone parabolic in December increasing +150% to 66,540, with the Glassnode CTO describing BTC’s overall technical metrics as “insanely bullish” and predicting a 10x increase in BTC’s price to that $200K USD in 2021! Interesting article https://www.google.com/amp/s/cointelegraph.com/news/insanely-bullish-glassnode-cto-predicts-btc-price-will-10x-from-here/amp and tbh I can’t fault his reasoning!

But it’s important to remember always that BTC is a volatile beast, and that there will of course be dips and significant corrections of its price which it’s so famous for along the way to those predicted highs - and certainly it will take strong hands and cojones of steel to ride the beast all the way up to that $200K if it happens where we can all take out some wonderful life-changing profits! And it’s important I believe in the day to day cut and thrust of things BTC that one keeps the long-term big picture firmly in the back of your mind, and that you have clear goals and defined BTC prices worked out now where you will hold through FUD and dips and aim for that 5-10x increase in BTC’s current price that looks likely in 2021 or beyond - and to have firmly in mind a clear plan of when and how much of those big life-changing ‘winnings’ you will take off the table if and when the King hits 100K and then 200K and how much you will leave on the table shooting for that magic one million dollar price perhaps by 2023/4! 📈

The king has been a magnificent beast to ride the last 10 years to today’s high price that could only be dreamed of at its 10c conception I’m sure, and all signs are that the beast will continue to be a great ride the next ten years up to highs I suspect we can only dream of today! And in closing I must say for once how mindful I always am when I write a post here on BitCoinTalk of what an honour and privilege it is to be following in the big footsteps of a giant like Satoshi himself, who started this forum 10y ago along with inventing what I’m sure will come to be seen as one of the worlds most important and revolutionary things in BTC the King 👑💫!

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December 22, 2020, 06:29:48 PM
 #87

Power man, probably got this right but I wonder if he invested accordingly as well. I had a friend who had a 100x leverage on long and he feels like he is the luckiest person in the world, he didn't put a lot of money obviously but since it was 100x leverage and since the price increased SOOO much compared to when he did it, he made around 15-16 thousand dollars profit from like very little amount of money, it was tiny compared to what it was (I am sorry I don't remember his capital).

Moreover people who were right about this had a lot of chance to make insane amount of money, literally amount of money you could probably see in your dreams, as long as they were right and took a bit of risk they could have become a millionaire with just few thousands of dollars, or let's say maybe at most few tens of thousands of dollars, but that is still unheard of returns.

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January 23, 2021, 08:13:43 AM
 #88

I can't say anything before December and New Year's eve, because something very similar occurs in 2017.
We actually have two bigs celebrations and we need to stand by till it goes.
It may conceivable that individuals spend their all coins on the accompanying occasions and bitcoin may tumble down.
Bitcoin can go up to $60,000 however I don't figure it can reach $100k. We'll see till next year and after the occasions
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January 23, 2021, 11:34:14 AM
 #89

By the end of this calendar year, Bitcoin will be trading around $ 40k to $50K. There will be a significant amount of volatility before Bitcoin actually hits those levels. It seems like, many of the investors, as well as cryptocurrency enthusiasts, are actually positive about Bitcoin in this very year. The problem is that with a significant fall already seen, most of the retail investors are not pumping money into Bitcoin. This is the reason why the movement is not that strong currently when it comes to Bitcoins.

I think bitcoin will not touch 40k- 50k $ if you look at ath 2017 it is very unreasonable that it will likely return to a price of $ 15000
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January 23, 2021, 12:14:16 PM
 #90

By the end of this calendar year, Bitcoin will be trading around $ 40k to $50K. There will be a significant amount of volatility before Bitcoin actually hits those levels. It seems like, many of the investors, as well as cryptocurrency enthusiasts, are actually positive about Bitcoin in this very year. The problem is that with a significant fall already seen, most of the retail investors are not pumping money into Bitcoin. This is the reason why the movement is not that strong currently when it comes to Bitcoins.

I think bitcoin will not touch 40k- 50k $ if you look at ath 2017 it is very unreasonable that it will likely return to a price of $ 15000

Its a double top scenario folding up. We may be heading downwards in the short term.

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January 23, 2021, 01:14:44 PM
 #91



I think bitcoin will not touch 40k- 50k $ if you look at ath 2017 it is very unreasonable that it will likely return to a price of $ 15000

We are in a different territory now, I don't think the past movement will have something to do with how the market performs now, things is very exciting now we have institutions coming in, many new concept are being hatched like the Decentralized finance, we are creating new history and story and a lot of new records.
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January 23, 2021, 01:46:23 PM
 #92

Many people predict Bitcoin will fall in the near future, but I still believe Bitcoin will return to a price of $ 40k soon. Hopefully my prediction is
correct, since I bought more Bitcoin at $ 31k. So if it goes up to $ 40k I can take profit. But just in case I use a stop-loss, if it turns out
the Bitcoin price drops. I won't lose a lot of money. Hopefully, if Bitcoin drops, it doesn't drop below $ 20k.

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January 23, 2021, 02:07:50 PM
 #93

I can't say anything before December and New Year's eve, because something very similar occurs in 2017.
We actually have two bigs celebrations and we need to stand by till it goes.
It may conceivable that individuals spend their all coins on the accompanying occasions and bitcoin may tumble down.
Bitcoin can go up to $60,000 however I don't figure it can reach $100k. We'll see till next year and after the occasions

To be honest, I don't really think as well that Bitcoin would hit $100k this year, yeah it might only end up $60k or $50k. We are currently hovering around $31k right now and seems the pullback was really strong and I don't exactly know when it will bounce back. I also don't think that institutions are done accumulating so the rally will definitely continue. Honestly, it still depends on the whale's accord if they want to continue the rally or not.



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January 24, 2021, 04:22:04 PM
 #94

I think bitcoin will not touch 40k- 50k $ if you look at ath 2017 it is very unreasonable that it will likely return to a price of $ 15000
It is not unreasonable to reach 40-50k, that was the goal and we peaked over 41k so it is obvious that we can do it, not that we will do it but we can do it so basically it just means that we are going to just have to wait and see. I am not saying we are going to be able to break over 50k neither, all I am saying is you said it is unreasonable and I am saying it is not unreasonable and that's it. Obviously speaking we are going to have some ups and downs during this period. Could we have a bear period where we crash to 15k?

Of course we can, and that would be exactly similar to price going from 20k or so to 3k in the previous bull run, so 15k would be reasonable if there is a crash. I think you are right about that part if it happens, but do not assume that going higher will not happen, it is definitely in the plays if you ask me and that is what I believe will happen.

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January 24, 2021, 05:02:32 PM
 #95

It is not unreasonable to reach 40-50k, that was the goal and we peaked over 41k so it is obvious that we can do it, not that we will do it but we can do it so basically it just means that we are going to just have to wait and see.
It is true and may soon be realized if people flock to buy bitcoin in bulk so that it will result in an increase in demand. So far, there have been enough institutional investor who have started to enter and invest in bitcoin so that in the future the government could agree that public money can be used to invest in bitcoin and this will result in a quite high price hike in my opinion.

I would never hesitate to say that the government might view bitcoin as an asset that could have given them a fair amount of profit so far. It's just that they cant do it because the rule that have been agreed upon cant be changed and also because of the existing risk factor. Bitcoin still has enough potential to go up to 50K-100K, but we never know when that will happen.
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