Are we headed to a new all time high now that momentum is very high

[pooya87]

If you'd asked me back in March whether bitcoin would have reached even $10k, I would have said absolutely not--and look at where we are in November.  It's absolutely mind-blowing.

funny enough back in March i was saying that price should be above $10k and the only reason why we were seeing the drop was purely manipulation and panic sells. even more interesting is that i called the end of the panic sell/manipulation within 2 months and what do you know, it did end after 45 days and after 2 months price was back to $10k

it seems to me that all the drama started from US as soon as the stock market started tanking hard after the number of infected people started growing. and since the growth in US is surprisingly similar to growth in Italy and China we can expect this to continue in the same path and it will plateau in about a month or two (it took 2 months in China to plateau) which could be the start of reaching bottoms and end of panic/manipulation.  by which time things go back to normal and the rise begins.

not to mention all my rants about reverse bubbles that nobody listens to...

[btc78]

I keep looking on the chart and checking while posting I got up from my computer to entertain a visitor and when I come back here it is Bitcoin
at $14,941.07 It looks like we have a good momentum this early before end of November Bitcoin could be trading at $ $16k

Do you think we are going to have a repeat and the first quarter of 2021 will be where Bitcoin will have another all time high

Nothing can be told until it happens.but since this is speculation section then we are all free to give speculative post and for me?

yeah i am very certain about this and seems like we are now heading to Bull market because the price is now calm at $15,500 and up but of course yesterday we fell down to $15,200 yet not that low compared to what we have in the recent weeks.

So basically ,i am looking forward for another high before this week ends as the result of US presidential election will be released as many expected.

[traderethereum]

Nothing can be told until it happens.but since this is speculation section then we are all free to give speculative post and for me?

yeah i am very certain about this and seems like we are now heading to Bull market because the price is now calm at $15,500 and up but of course yesterday we fell down to $15,200 yet not that low compared to what we have in the recent weeks.

So basically ,i am looking forward for another high before this week ends as the result of US presidential election will be released as many expected.

I guess the price needs to take a break after an increase these two days because we are now on the weekend, which usually, the price needs to adjust the price before it could increase again.
Maybe the price is now getting sideways for a while, and I think the price will have more chances to increase in the next week.
So we can prepare for the next rallies the next week, so we don't miss the chance to back to make a profit again.
The next target to increase will be at $16k and $16,500 or the price will jump to $17k in the next week.
I hope that bitcoin will get more support next week, so the price can increase and jump high and make a new ATH.

[LogitechMouse]

at $14,941.07 It looks like we have a good momentum this early before end of November Bitcoin could be trading at $ $16k

Do you think we are going to have a repeat and the first quarter of 2021 will be where Bitcoin will have another all time high

My previous prediction in the year end price of Bitcoin is $15,000-$16,000 but now we are at the first week of November and it already reached that price (at least between the price range).

I would love to see Bitcoin reaching a new ATH in the first quarter of 2021 or at least at that year but I remain vigilant and preparing for the worse to happen. Reaching the new ATH will be like a rough road with huge rocks. It will be difficult to surpass but I know for sure that it will happen. I will stick to my prediction though. $15,000-$16,000 by the end of the year.

[Coin_trader]

at $14,941.07 It looks like we have a good momentum this early before end of November Bitcoin could be trading at $ $16k

Do you think we are going to have a repeat and the first quarter of 2021 will be where Bitcoin will have another all time high

My previous prediction in the year end price of Bitcoin is $15,000-$16,000 but now we are at the first week of November and it already reached that price (at least between the price range).

I would love to see Bitcoin reaching a new ATH in the first quarter of 2021 or at least at that year but I remain vigilant and preparing for the worse to happen. Reaching the new ATH will be like a rough road with huge rocks. It will be difficult to surpass but I know for sure that it will happen. I will stick to my prediction though. $15,000-$16,000 by the end of the year.

This might be same scenario on last 2017 bullrun which starts to pump on October and reach ATH during 3rd to 4th week of December. If BTC continue on it's price phase, I believe 2017 bull run will happened and we all know what's gonna happened after a strong buy pressure exhaust. I believe BTC will stay above 20k on December to January then a major correction on 2nd to 3rd week of January but not the same low below. 10k is the possible low on the second major correction.

[jaberwock]

We can never know what the price of bitcoin will do before it does it. If we were able to say or tell beforehand we would have been super rich, I had some investments 6 months ago during lockdown that I got a hold of, if I was smart enough to put all of that into bitcoin back in that day, I would have made 2.5x returns on my investment and instead they are down right now and I lost a tiny bit of money (not a lot, like 200 bucks at most) so I can tell you that I am not the guy that could tell you if a new all time high could come or not.

However I do not think that there are any other people who are like that neither, I think nobody can tell you if we are going to all time high or if we are going under 10k, we only know what happens after it happens and not beforehand.

[Saisher]

We are definitely going for a new all time high but not this year, more likely next year, not even on the first quarter of 2021 I read a thread here that market might dip or likely if there is a vaccine, it's something worth looking and but if ever or whatever happen 2021 will bring us good results and market will be different from these past three years.

[peter0425]

I keep looking on the chart and checking while posting I got up from my computer to entertain a visitor and when I come back here it is Bitcoin
at $14,941.07 It looks like we have a good momentum this early before end of November Bitcoin could be trading at $ $16k

Do you think we are going to have a repeat and the first quarter of 2021 will be where Bitcoin will have another all time high

If we can't take it in 1st quarter at least the whole 2021 is enough.

Remember the last halving of 2016 take effect i the last quarter of 2017 and that brings us ATH.
So if the same thing that we are finding then lets give at least that whole year a chance.

We are definitely going for a new all time high but not this year, more likely next year, not even on the first quarter of 2021 I read a thread here that market might dip or likely if there is a vaccine, it's something worth looking and but if ever or whatever happen 2021 will bring us good results and market will be different from these past three years.

correction might happen because we already reach another high this year but won't last long and the whole next year will take us where we wanna go.

[XCANA]

Won't it be a sudden rise when we get into the $20k zone right away? hope we don't get there on-time because this could equally lead us to serious crash as cryptocurrency history have it. We need to have a decent rise in Bitcoin price which can help grow in stimulant, though the present mood is a good one but we should expect more bullish in 2021 middle or end IMO. 

[suzanne5223]

I keep looking on the chart and checking while posting I got up from my computer to entertain a visitor and when I come back here it is Bitcoin
at $14,941.07 It looks like we have a good momentum this early before end of November Bitcoin could be trading at $ $16k

Do you think we are going to have a repeat and the first quarter of 2021 will be where Bitcoin will have another all time high

The current momentum of the market positive and it makes the market experience some surge in price but also experienced price correction which means until the slight correction is over cant expect the price of the market to receive $16Kbefore the end of this month because everyone seems to be uncertain especially the new resistance level. However, i don't like checking on the chart from time to time and i prefer to use price alert to prevent been emotional about the market movement.

[pilosopotasyo]

Just as momentum is going high at some point there's always a period when the movement of the market is slowing down, we will have another all time high for sure but not in a way that we will get there immediately from $15 k to $18k then $21k, the phase is rather slow but enough to have confidence in the market, I like this kind of movement slow but sure.

[KnightElite]

I keep looking on the chart and checking while posting I got up from my computer to entertain a visitor and when I come back here it is Bitcoin
at $14,941.07 It looks like we have a good momentum this early before end of November Bitcoin could be trading at $ $16k

Do you think we are going to have a repeat and the first quarter of 2021 will be where Bitcoin will have another all time high

The current momentum of the market positive and it makes the market experience some surge in price but also experienced price correction which means until the slight correction is over cant expect the price of the market to receive $16Kbefore the end of this month because everyone seems to be uncertain especially the new resistance level. However, i don't like checking on the chart from time to time and i prefer to use price alert to prevent been emotional about the market movement.

If the momentum will continue like what is currently happening in the market, then we should expect that the price may reached or even beat the previous all time high. The major resistances are keep breaking out and there are only 3 major resistance remaining. If the bitcoin surpassed and beat that then the price will enter in virgin territory wherein there is no previous resistance and that is the time where we will see a monstrous momentum where the prices are parabolic. For sure that time is where the bitcoin will become popular again all over the world. A lot of investors, institutions, companies and organizations will also keep an eye on it if that happened. Right now there is a pullback that happened but for me it is normal and we should not panic just because the price retrace. It only validate that there are now demand area where a lot of people are interested to buy bitcoins. 

[kotajikikox]

I keep looking on the chart and checking while posting I got up from my computer to entertain a visitor and when I come back here it is Bitcoin
at $14,941.07 It looks like we have a good momentum this early before end of November Bitcoin could be trading at $ $16k

Do you think we are going to have a repeat and the first quarter of 2021 will be where Bitcoin will have another all time high

Well we almost got there as we have reached $15,700+ this day and standing strong at $15,500+ now.
from that so 16,000$ is a easy target i think.

Or not unless if the correction comes next then the price would be lowering before the final moment happen as the bull is really expected anytime soon.

Correction go away , we are enjoying the ride , come next days.

made me laugh about that rhyme from Nursery lol,but yeah maybe next time is better and let us profit first.

I have told everybody that the steady increase of 5% daily will occurred , and toda is the day that the trend looks like make its pattern.

Seems like that mate because the market is showing strong hold at $15,500 not unless the US election result make it move again.

By the end of this month we should crossed $20000 if there is no huge correction which i am sure ot wont come soon.
We are in high hype and it looks unstoppable right now. Lets do this.

Hmmm sounds like good but i think it is On December that this will be decided mate,we must be happy enough that by November we already
recorded a All ner High since the fall of 2018 and looking for 20,000 might be for the next year effect.

[suzanne5223]

I keep looking on the chart and checking while posting I got up from my computer to entertain a visitor and when I come back here it is Bitcoin
at $14,941.07 It looks like we have a good momentum this early before end of November Bitcoin could be trading at $ $16k

Do you think we are going to have a repeat and the first quarter of 2021 will be where Bitcoin will have another all time high

The current momentum of the market positive and it makes the market experience some surge in price but also experienced price correction which means until the slight correction is over cant expect the price of the market to receive $16Kbefore the end of this month because everyone seems to be uncertain especially the new resistance level. However, i don't like checking on the chart from time to time and i prefer to use price alert to prevent been emotional about the market movement.

If the momentum will continue like what is currently happening in the market, then we should expect that the price may reached or even beat the previous all time high. The major resistances are keep breaking out and there are only 3 major resistance remaining. If the bitcoin surpassed and beat that then the price will enter in virgin territory wherein there is no previous resistance and that is the time where we will see a monstrous momentum where the prices are parabolic. For sure that time is where the bitcoin will become popular again all over the world. A lot of investors, institutions, companies and organizations will also keep an eye on it if that happened. Right now there is a pullback that happened but for me it is normal and we should not panic just because the price retrace. It only validate that there are now demand area where a lot of people are interested to buy bitcoins. 

There's no doubt that the market will beat the previous ATH by reaching virgin territory if it hold unto the current market momentum cause the demand level is experiencing drastically growth than the supply and what will happen when Bitcoin reaches the virgin territory is enormous demand because more put will want to accumulate more while the holder will prefer to maximize their profit but the market is expected is experience correction during last week of December/first week of January.
Nevertheless, Bitcoin have already gain more popularity ever since Paypal integration.

[SquallLeonhart]

Paypal and elections got together and gave us this big increase in bitcoin price, I am not saying we are not going to see anything like this anytime soon, obviously we are going to see a big increase in bitcoin one day, but I am not sure if we could see a big increase like this very quickly after this one. Probably will take a few months before we can move higher again and see how we are doing.

However this is bitcoin and nothing is set in stone here, maybe tomorrow we will wake up to 20k+ dollars? Maybe we will wake up to 10k dollars? Both of them are equally possible in the world of bitcoin and we can't possible know it beforehand. I just think that only thing we should focus right now would be to keep the price at $15k, if we can keep it above that level, that means we have a great future.

[Lanatsa]

Paypal and elections got together and gave us this big increase in bitcoin price, I am not saying we are not going to see anything like this anytime soon, obviously we are going to see a big increase in bitcoin one day, but I am not sure if we could see a big increase like this very quickly after this one. Probably will take a few months before we can move higher again and see how we are doing.

However this is bitcoin and nothing is set in stone here, maybe tomorrow we will wake up to 20k+ dollars? Maybe we will wake up to 10k dollars? Both of them are equally possible in the world of bitcoin and we can't possible know it beforehand. I just think that only thing we should focus right now would be to keep the price at $15k, if we can keep it above that level, that means we have a great future.

Keeping the price above 15k doesn't mean that we would really be having a great future yet we've been telling these lines when bitcoin is still on 10k 11k 12k and so on.

When it comes to reasons of such increase then no one can really tell but we can attached those paypal and election possible catalyst but no one can precisely tell if this one is the main reason.

For now the best thing to be done is to make money out of these movements.If you are in gains then it isn't bad to make up some sell at the moment.
Dumps are always possible to happen.

[wheelz1200]

I think a new all time high is inevitable, dont know if it will happen on this side of the year or if it will be in 2021 but the buy pressure and sentiment is as good as ive ever seen it lately.  Would probably need a world event to stop progress on this bull run.

[kpierce77]

It's very possible for a new ATH and the fact is that bitcoin is currently in a bullish trend. I'm pretty sure that at the beginning of the year maybe we will be sooner to see the new ATH, with the announcement from Paypal last month will make bitcoin hit new ATH even faster

[Oasisman]

I think a new all time high is inevitable, dont know if it will happen on this side of the year or if it will be in 2021 but the buy pressure and sentiment is as good as ive ever seen it lately.  Would probably need a world event to stop progress on this bull run.

Why not? There's still a lot of time left before 2020 ends, and the market seems to be continuing to make a bullrun. $15,800 at the moment im typing this, anytime today Btc might be trading at $16,000 and we're still halfway through the end of November.
People are still very bullish on their predictions, and Btc is going closer to break the $20,000 ATH.

https://www.google.com/amp/s/www.forbes.com/sites/billybambrough/2020/11/12/a-legendary-hedge-fund-billionaire-just-flipped-to-bitcoin-calling-it-better-than-gold/amp/
News like this are making Btc become more closer to break new ATH this year.

[bitzizzix]

It's very possible for a new ATH and the fact is that bitcoin is currently in a bullish trend. I'm pretty sure that at the beginning of the year maybe we will be sooner to see the new ATH, with the announcement from Paypal last month will make bitcoin hit new ATH even faster

It seems that the paypal news and the general election triggered a very drastic increase in Bitcoin, and the new ATH is likely to continue slowly but surely and I am increasingly optimistic that by the end of the year Bitcoin will break through to 20K.
and correction after the bulls will definitely occur, and I consider this moment still in a holding situation to be patient waiting for higher prices.