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Author Topic: BTC is getting ready for 20k again  (Read 1385 times)
AbuBhakar
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November 08, 2020, 12:04:20 PM
 #61

I prefer a healthy price increase, now the Bitcoin price is correcting to $ 14900,
because the market is not good and this is the weekend, of course very vulnerable to pump and dump,
we should watch it first, maybe Monday is a good time to buy, $20k will be come to us, but we must be patient.
Bitcoin is too volatile even in weekdays or Monday, it maybe lowered in in some point but when it comes in trading we should always monitor where we can sell or up to when to hold. It's quite hard to get another resistance for 20k but if the market continues to show increase, 20k can be just around before the year ends.

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November 08, 2020, 05:48:56 PM
 #62

Impressive performance from the past couple of weeks is this the effect of American election?

BTC has pumped 9% in the past one week and has gained the momentum and inching towards 15k now after 2017 it has broked the 14 k barrier and setting up for new heights guys this performance from BTC was remarkable and a boost for many altcoins too. I guess it will break 20k barrier by the end of the year hopefully.
And now the election was over then what happened to the price? It did sustain and didnt crash and just a few days ago where lots of threads
do talking about election was the main reason on why the price had clinged up which does simply shows that the market price or movement
doesnt really rely on whats the situation into those external events that are currently happening yet as of this moment we are even trying to
reach up 16k. Is 20k ATH would be nearly can be seen possibly for this year? If the current movement will really be on the same intensity
then most probably we might really see off those numbers.
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November 08, 2020, 08:54:41 PM
 #63

For us to break over $20k we first need to make sure that all these people who are taking out profits realize that you do not have to do it right now, you can do it later when price of bitcoin is higher. Obviously there will always be some people who will sell, but just because some people end up selling doesn't mean that the price has to go down, there could be more people buying at the same time, so what we need to achieve is to slow down the amount of money that is getting out and increase the amount going in, which we can only achieve by providing proof or at least confidence that bitcoin will go up even higher.

When people see prices like almost $16k, they think about bitcoin going down and not being able to go even further higher, they think that is the end of the bull run, we need to make them realize $16k is just the start.

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November 09, 2020, 11:02:53 AM
 #64

Impressive performance from the past couple of weeks is this the effect of American election?

BTC has pumped 9% in the past one week and has gained the momentum and inching towards 15k now after 2017 it has broked the 14 k barrier and setting up for new heights guys this performance from BTC was remarkable and a boost for many altcoins too. I guess it will break 20k barrier by the end of the year hopefully.

Because of Bitcoin's sudden surge in the market, people are quick to speculate about the price, about another all time high you can't blame people they waited a long time for the next all time high, but I prefer to take things easy, Bitcoin is ready to reach the $20 k level it's only a matter of time, so far the market keeps improving if this go on for two months we;ll reach the $20  mark.

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November 09, 2020, 04:28:38 PM
 #65

Impressive performance from the past couple of weeks is this the effect of American election?

BTC has pumped 9% in the past one week and has gained the momentum and inching towards 15k now after 2017 it has broked the 14 k barrier and setting up for new heights guys this performance from BTC was remarkable and a boost for many altcoins too. I guess it will break 20k barrier by the end of the year hopefully.
And now the election was over then what happened to the price? It did sustain and didnt crash and just a few days ago where lots of threads
do talking about election was the main reason on why the price had clinged up which does simply shows that the market price or movement
doesnt really rely on whats the situation into those external events that are currently happening yet as of this moment we are even trying to
reach up 16k. Is 20k ATH would be nearly can be seen possibly for this year? If the current movement will really be on the same intensity
then most probably we might really see off those numbers.

Election isn't over yet. Final results are on the 8th of december. I'm guessing it'll fluctuate between 14.8 to 15.3 until then
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November 11, 2020, 06:34:35 PM
 #66

If we get to above 20, then onto 100k~200k crash back to 40~ 60 K, then I think we will have the notice of a lot of people.

For the vast majority of people think btc crashed since 20K, and that was it, its dead. It's like Lol BTC didn't that crash.

When it "crashes" back to 40~60K, then the Normies have to re-evaluate what crash means in an exponential rise.

So far crashes have been 3x + ish of prior highs.

Most people have not understood that bitcoin can not simply "disappear" or "cease to exist" like shares, fiat, companies, etc even if it does crash.

I also like the absence of the "tulip" ers. Who have finally shut up.


For the most part people do not understand the difference between a bubble and exponential growth, for example the Tulip mania was a bubble as Tulips did nothing and all of its increase in price was based on speculation, however during the dot com bubble there were many new companies that were also in a bubble but there were many companies like Goggle and Amazon that were experimenting exponential growth, the price of their stocks still crashed but since then they have kept growing and now are businesses that are impossible to imagine our lives without.

The same is true for bitcoin, a great deal of altcoins in 2017 were going through a bubble, but that was not the case of bitcoin which was experimenting exponential growth, it crashed but now we are seeing that the price of 20k was not a mirage and it was just a sign of things to come.
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November 11, 2020, 08:09:09 PM
 #67

<<>>

The same is true for bitcoin, a great deal of altcoins in 2017 were going through a bubble, but that was not the case of bitcoin which was experimenting exponential growth, it crashed but now we are seeing that the price of 20k was not a mirage and it was just a sign of things to come.

Alts were a game for bulls as bulls did nothing but just bought a lot and pushed the price higher for each alt to create a base for the dump and when innocent small investors started buying those alts from them, the bulls crashed the markets by turning themselves into bears. So accumulation at the least was their formula at that time. And I agree that btc is going to become the show-stealer once again by pumping alone but the same will not be the story for alts this time.
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November 16, 2020, 05:13:42 PM
 #68

<<>>

The same is true for bitcoin, a great deal of altcoins in 2017 were going through a bubble, but that was not the case of bitcoin which was experimenting exponential growth, it crashed but now we are seeing that the price of 20k was not a mirage and it was just a sign of things to come.

Alts were a game for bulls as bulls did nothing but just bought a lot and pushed the price higher for each alt to create a base for the dump and when innocent small investors started buying those alts from them, the bulls crashed the markets by turning themselves into bears. So accumulation at the least was their formula at that time. And I agree that btc is going to become the show-stealer once again by pumping alone but the same will not be the story for alts this time.
I think the same, I don't really think that we're going to see anything remotely close to what we saw with altcoins in 2017, it was one of those things that happened only once in a lifetime and those that were able to take advantage of it should be happy about it and congratulate themselves for having the vision of understanding exactly that and getting out of the market of altcoins when it seemed that it was about to crash.

But the same is not true for bitcoin, now it seems that it's headed for even more growth as it is currently stabilizing itself at the 16,000 level and if this continues we're going to have a legitimate chance to challenge the previous all time high and once that level is surpassed we have no idea how high the price of bitcoin could go.
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November 16, 2020, 08:49:12 PM
 #69

<<>>

The same is true for bitcoin, a great deal of altcoins in 2017 were going through a bubble, but that was not the case of bitcoin which was experimenting exponential growth, it crashed but now we are seeing that the price of 20k was not a mirage and it was just a sign of things to come.

Alts were a game for bulls as bulls did nothing but just bought a lot and pushed the price higher for each alt to create a base for the dump and when innocent small investors started buying those alts from them, the bulls crashed the markets by turning themselves into bears. So accumulation at the least was their formula at that time. And I agree that btc is going to become the show-stealer once again by pumping alone but the same will not be the story for alts this time.
It wont really be having the same story yet they dont correlate from time to time and currently seeing that bitcoin is trying  to move again upwards where mostly alts are on reds
which is understandable that people are now making up some switch.For top alts then i can say that theyre going along with it but not all because there are always some alts
that had been dragged off with bitcoin rally.In talks now with 20k then we are almost there where 3k more isnt really that too far off but i doubt that it will reach for this year.
It is a bit too fast but would be great if we do see those numbers.

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November 16, 2020, 10:30:52 PM
 #70

I think the same, I don't really think that we're going to see anything remotely close to what we saw with altcoins in 2017, it was one of those things that happened only once in a lifetime and those that were able to take advantage of it should be happy about it and congratulate themselves for having the vision of understanding exactly that and getting out of the market of altcoins when it seemed that it was about to crash.

But the same is not true for bitcoin, now it seems that it's headed for even more growth as it is currently stabilizing itself at the 16,000 level and if this continues we're going to have a legitimate chance to challenge the previous all time high and once that level is surpassed we have no idea how high the price of bitcoin could go.

I think the past (this wild growth) cannot be repeated in any way. Neither altcoins nor bitcoin. No matter how high levels are taken as a percentage, they will never surpass the initial growth from scratch. What must happen in crypto for an investment of $ 100 to make you a millionaire? And before that it was possible.

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November 16, 2020, 10:52:30 PM
 #71

We continuously seeing impressive market pumps but can't be this enough to say that we are ready for $20k. I don't want to disclose this chance as it gonna be possible to happen but then, it is to see that the more we are close to $17k, the dumps had also pulled it down.

I'm not going to overacted because of what shown lately, the market is still unpredictable, dumps and pumps still there, we are still seeing a roller coaster-like scheme. If we are able to surpass the $17k wall ( as we are very close to that), it was a great achievement for Bitcoin this time. TBH, I'm not going to expect $20k this time but of course, still hoping that.
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November 16, 2020, 11:00:53 PM
 #72

Impressive performance from the past couple of weeks is this the effect of American election?

BTC has pumped 9% in the past one week and has gained the momentum and inching towards 15k now after 2017 it has broked the 14 k barrier and setting up for new heights guys this performance from BTC was remarkable and a boost for many altcoins too. I guess it will break 20k barrier by the end of the year hopefully.

Because of Bitcoin's sudden surge in the market, people are quick to speculate about the price, about another all time high you can't blame people they waited a long time for the next all time high, but I prefer to take things easy, Bitcoin is ready to reach the $20 k level it's only a matter of time, so far the market keeps improving if this go on for two months we;ll reach the $20  mark.

The days are numbered before we reach the 20k level again. This shows that btc has stronghold on its market. A lot of trials and crisis have been happening but btc keep its ground. Now, more than ever, a lot of people are looking at btc as not just short-term investment but the possibility of holding it at long-term basis.
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November 16, 2020, 11:35:45 PM
Last edit: June 12, 2023, 02:19:55 AM by STT
 #73

Theres a good platform from bullish action for a rise looks like to me, I dont know there isnt a granite ceiling overhead but it doesnt like thats the case from the previous run up to the ATH.



Seems like we've worked our way through some weeds, beaten prior high then confirmed this area as support and started a new leg higher.   This is just speculative action over the last couple weeks but its possible thats all thats required at this moment to rise.

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November 17, 2020, 12:42:32 AM
 #74

We continuously seeing impressive market pumps but can't be this enough to say that we are ready for $20k. I don't want to disclose this chance as it gonna be possible to happen but then, it is to see that the more we are close to $17k, the dumps had also pulled it down.

I'm not going to overacted because of what shown lately, the market is still unpredictable, dumps and pumps still there, we are still seeing a roller coaster-like scheme. If we are able to surpass the $17k wall ( as we are very close to that), it was a great achievement for Bitcoin this time. TBH, I'm not going to expect $20k this time but of course, still hoping that.

We  again are getting  close to $17K once this new barrier breaks there are lots of things that possibly can happen, the good thing with this current run as even several dumpers sell out there are investors who are willing to grab it and bring support to avoid massive downfall, just a slight donward movements and again recover back and make another run, we can tell how far bitcoin may go once there are more uptrends to comes up, lots of specualtions towards to reaching back $20K area and a possiblities that it will bring new ATH.

Though it's still unseen but who knows, there's always good possibilities as we are getting more and more new investors
to join in as they've learned more deeper since this pandemic hits up.

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November 17, 2020, 12:56:36 AM
 #75

By the time I'm posting this, the price of Bitcoin in coinmarketcap is at $16,779.17 already.
Just less than $300 in reaching the $17,000 price.

The FOMO is real already. Investors are buying Bitcoins even it is at its highest as of now because they are afraid to get left in the ride Cheesy. Those Bitcoin holders right now are happy since they are getting profit by just holding it.

I predict that we will reach the new ATH in the first half of 2021 if we will continue this trend. It will be a long road still with ups and downs but I'm pretty sure that we will reach a new ATH next year and a year of downfall again in 2022 Cheesy.

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November 17, 2020, 07:53:57 AM
 #76

Bitcoin will try to go up to $ 17000 and if $ 17000 is passed,
the rumors about Bitcoin will reach the All time high to $ 20000 will soon materialize,
now there is a lot of good news about Bitcoin, last I heard a prediction from Citibank that Bitcoin will reach $ 318K in December 2021,
of course this is make Fomo, don't miss it.
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November 17, 2020, 11:38:20 AM
 #77

To be fair it was always destined to be back over $20k once again, it wasn't really something we would have guessed would take this long, it was 2017 when we first broke over it (technically only few places went above $20k and many stayed at $19.6k or so at best) and I was assuming it would be back in 2018 and when it failed and continued to drop, I assumed that spring 2019 increase where we moved to $13.9k levels would be the moment we would break over $20k.

We are still not over $20k this year neither, let's hope for this to continue and by all account it looks like it is going to be over $20k but if it fails it would mean we will have to wait another big increase once again to break over it. I would have assumed it would have happened already.

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November 17, 2020, 02:04:12 PM
 #78

Bitcoin will try to go up to $ 17000 and if $ 17000 is passed,
the rumors about Bitcoin will reach the All time high to $ 20000 will soon materialize,
now there is a lot of good news about Bitcoin, last I heard a prediction from Citibank that Bitcoin will reach $ 318K in December 2021,
of course this is make Fomo, don't miss it.

If I'm not wrong it already touch to $17,000, but the one I see as per CMC price these moment is at $16,983 price which is so close by now and for sure in next upcoming days we will see great things especially the the hype given by citibank is quite appealing and I'm sure many will look after this and might it will create a demand since I think many will believe on the words given.

R


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November 17, 2020, 02:06:38 PM
 #79

By the time I'm posting this, the price of Bitcoin in coinmarketcap is at $16,779.17 already.
Just less than $300 in reaching the $17,000 price.

The FOMO is real already. Investors are buying Bitcoins even it is at its highest as of now because they are afraid to get left in the ride Cheesy. Those Bitcoin holders right now are happy since they are getting profit by just holding it.

I predict that we will reach the new ATH in the first half of 2021 if we will continue this trend. It will be a long road still with ups and downs but I'm pretty sure that we will reach a new ATH next year and a year of downfall again in 2022 Cheesy.

If FOMO has already begun, then the new ATH will be clearly earlier than in 2021  Wink
By the way, if you think that 2022 will be the year of decline/correction, then what level of the bottom do you consider as real? Again 3.5k or higher/lower? In theory, the next low should be clearly above the previous low and even above the level from which the bull market began and then FOMO.

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November 17, 2020, 02:40:48 PM
 #80

Cool, currently the price of bitcoin is more than $17K. Even people predict bitcoin will only reach $14K, $15K, but it turns out it already exceeds $16K.
The hope of reaching $20K is not just a dream of all of us, but it seems to come true, because it’s very close. If I look at bitcoin rallying,
then I am optimistic that bitcoin at the end of this year will surprise you tremendously.
And this bitcoin rally is because of also be triggered by large American entrepreneurs who buy bitcoin in large quantities.

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