RealMalatesta
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November 30, 2020, 01:34:38 PM |
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Might be correct but from what we have seen once the resistances in the market break the price rises like crazy and yes 35 thousand dollars is a big number but the way the price took off recently I am not going to say its unrealistic. Whenever the price falls there are more and more people buying because they felt left out during the bull run and this is their best chance.
I am not going to buy right now because the market might drop once more and that would be the best time for getting some more. I might be wrong though and the price could take off to 30-35k dollars in a blink.
Resistance and supports are not really that strong in crypto world. They are not huge in forex world neither honestly but in order to ignore RS levels in forex there needs to be some political or national stuff that happens to make it change wildly, whereas something crazy happens in crypto world almost constantly. It means yes RS levels are there to show you the lines, but the reality is that when something major happens we ignore all of that and move wherever we want. That is why I do not care about those levels and I care about what people think where we can go, for example if many people say that $35k is the logical next step after breaking ATH, I am sure we can actually go to $35k, not because there is any indicator saying it, but because public is talking about it.
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KTChampions
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November 30, 2020, 04:06:15 PM |
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Bitcoin has already recovered a significant portion of what it lost on the unexpected dump. And I must note that there was nothing unusual in the percentage ratio - high volatility is a property of bitcoin and it is especially high when global movements begin (now such a movement is taking place - right to ATH).
yes we will see, it looks like Q4 will be a good month for Fomo Bitcoin, but usually Christmas will affect, I expect that Bitcoin will hit ATH in Q4 this, $ 35000 will be reached! It seems that the past dump was just a market movement (or manipulators) in order to throw off weak hands and new weak investors before the big trip up. The situation is really very optimistic now. I'm not sure about the 35k level, but a consensus on the new ATH seems to have been reached, perhaps this will happen in the next few days.
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lixer
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November 30, 2020, 07:20:28 PM |
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I don't know it will hit 35000 or not as you didn't share any price chart of your's . But there is a lot of chance that Bitcoin will break it's all time high very soon. Maybe Paypal accept Bitcoin news will help BTC to reach ath.
Yes,i agree with you. When PayPal accepts bitcoin that time bitcoin going to up and now try to broken all-time record. Bitcoin price deepens on bitcoin positive news and service.Most of the time we see that bitcoin price increase for positive news from the company or government.If another multi-international company like as PayPal accepted bitcoin hope it will be near 50000$ PayPal have stop accepted bitcoin as payment way and you can't buy or sell bitcoin and altcoin though PayPal again, last day they give announce with PayPal not available for buying bitcoin and altcoin again, I think many respond from PayPal member were they but bitcoin and altcoin with PayPal account then make over load then PayPal have error system, just based on my opinion. How ever after PayPal accepted bitcoin and altcoin price going up and now after stopping price bitcoin down, always happen when good news price bitcoin raise and when bad news price down. Maybe we better waiting few time with PayPal could accept again for bitcoin or not. Honestly paypal has always been a horrible horrible company and this is why stripe became bigger and bigger, you can never destroy paypal overnight, even if you boycott them or even if you find them horrible there will always be a lot of people using it because it is famous and it is easy to implement it into your business, but obviously people who face problems with them, will move to another one. There were plenty of companies that literally bankrupted because paypal blocked their account for 180 days. Can you imagine being told that your hundreds of thousands of dollars will be locked for half a year? I mean who gives that right to paypal? At the end of the day nobody should buy even a single cent of bitcoin from them, they could just take it away from you whenever they want and there is NOTHING you can do about it.
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AjithBtc
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December 22, 2020, 11:42:35 PM |
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In the event of bitcoin price crossing $25k we can predict the further changes in the market. As per the present market situation there is more chance for growth. This time we've seen the price to be stabilized at its ath value for a longer time period. There is Market fluctuation, but it keeps recovering. Buying at the possible low price could get a bigger profit, but no one is sure of it. Everyone keeps manipulating based on the inflow of money from institutions.
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Hamphser
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December 30, 2020, 07:07:28 PM |
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The bull run is almost going on in the market even if the price goes down it is going up again so now is a good time to invest the market will rise further it’s not possible to say how much it will rise but those who have held it before have pumped a lot. And now is a good time to invest in newcomers don't be discouraged if prices fall bitcoin will pump up very soon we need to move forward with positive thinking and faith.
We are in bull run for sure and the price going up generally. Some dips are expected and all who are in the market for years know that. If people had faith on past years this is nothing. When you do really have experience on this market or simple you've been here for a while now then you would definitely believe that there would always be a recovery in price. Riding up with the waves between price increase rally and dumps or simply some correction which does signify that we do deal with a healthy market.Thing here is that the level of volatility is really just cant be comprehended by some people on where they do say that it is way too much or neither too deep to consider but they should really get used to it because crypto is really that too volatile when it comes to movement. $35000 is still far off and we should mind first on how we gonna break that previous ATH which is really a strong resistance level. Do you mean that he is responsible for his forecast? I don’t think so. Everyone is responsible only for themselves. If someone, believing that bitcoin will soon reach $ 35,000, invests all his savings in bitcoin, this is his problem and his responsibility. Nevertheless, the forecast really looks too fantastic. We do have our own decisions in life and also towards to our own money and we do have our own perceptions and views towards the price specially that it is way too unpredictable and no one can really tell on how high it would able to reach in a specific period of time. Going back into those lower prices where people do presume higher price points then we do say that it isnt really that realistic at all but now we are trying to break 30k now as of the price is clinging in 29k at the moment which $5k wont really be that too far off to reach on what op had been presuming here.
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thecodebear
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December 30, 2020, 07:15:03 PM |
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Good god it is still going up. When correction??
Thought $28k just after Xmas would be short term top and we'd at least get low 20s again. But it only managed to dip just under $26k a couple times and at this moment right now it's pushing up to $29k! Are we gonna see $30k in the coming days??
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ScamViruS
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December 30, 2020, 07:24:53 PM |
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Good god it is still going up. When correction??
Thought $28k just after Xmas would be short term top and we'd at least get low 20s again. But it only managed to dip just under $26k a couple times and at this moment right now it's pushing up to $29k! Are we gonna see $30k in the coming days??
Maybe we're going to see $30k very soon, who knows. When the majority of people think that the market will go where it is but the market reacts in the opposite direction. Now that the market is in that state, it seems to me that the price of Bitcoin will go far beyond $30k. But it's hard to say for sure, we can only predict, we can't say for 100% sure.
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Oceat
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December 30, 2020, 07:54:48 PM |
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Good god it is still going up. When correction??
Thought $28k just after Xmas would be short term top and we'd at least get low 20s again. But it only managed to dip just under $26k a couple times and at this moment right now it's pushing up to $29k! Are we gonna see $30k in the coming days??
Maybe we're going to see $30k very soon, who knows. When the majority of people think that the market will go where it is but the market reacts in the opposite direction. Now that the market is in that state, it seems to me that the price of Bitcoin will go far beyond $30k. But it's hard to say for sure, we can only predict, we can't say for 100% sure. It's a matter of time before it pushes to $30k next year and we are almost there. If there's no FUD then people might trust more to hold in Bitcoin until we reach a new ATH. We can't remove the uncertainty of the people because they think it's like in 2017 but with this bigger investors coming in and adopting Bitcoin, sooner or later that $35k is just a small number to them. My biggest question now is when will the correction would occur?
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hahay
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December 30, 2020, 07:55:22 PM |
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Good god it is still going up. When correction??
Thought $28k just after Xmas would be short term top and we'd at least get low 20s again. But it only managed to dip just under $26k a couple times and at this moment right now it's pushing up to $29k! Are we gonna see $30k in the coming days??
Maybe we're going to see $30k very soon, who knows. When the majority of people think that the market will go where it is but the market reacts in the opposite direction. Now that the market is in that state, it seems to me that the price of Bitcoin will go far beyond $30k. But it's hard to say for sure, we can only predict, we can't say for 100% sure. Yes it's all just speculation but at least if we are sure 30k is the value that will probably be ATH, at least we have plans to sell at that level. We all don't know how high the ATH point is for sure, because times like this are at least a doubt whether it is better to continue holding or selling it soon, considering the turn of the year is coming and whether it will make the price continue to strengthen or vice versa.
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milewilda
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December 30, 2020, 09:50:39 PM |
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Good god it is still going up. When correction??
Thought $28k just after Xmas would be short term top and we'd at least get low 20s again. But it only managed to dip just under $26k a couple times and at this moment right now it's pushing up to $29k! Are we gonna see $30k in the coming days??
Maybe we're going to see $30k very soon, who knows. When the majority of people think that the market will go where it is but the market reacts in the opposite direction. Now that the market is in that state, it seems to me that the price of Bitcoin will go far beyond $30k. But it's hard to say for sure, we can only predict, we can't say for 100% sure. It's a matter of time before it pushes to $30k next year and we are almost there. If there's no FUD then people might trust more to hold in Bitcoin until we reach a new ATH. We can't remove the uncertainty of the people because they think it's like in 2017 but with this bigger investors coming in and adopting Bitcoin, sooner or later that $35k is just a small number to them. My biggest question now is when will the correction would occur? When will the correction do occur? We would know if its already happening and the rest will be a waiting game thats why better to secure your profits while you are still in greens and then buyback when its cheaper and repeat the same process. Sounds simple but it wont really be just like that $35k is within reach but we wont know if there would be a huge correction once we do touch that 30k price which i do believe the toughest resistance that we would really be staying on. Buy it to day on the current price? Neither you do hold or just simply a gambler like mind then this wont be an issues, just be sure that you are just aware on the risk on making on spot decisions.
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Ahmedali9542
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December 30, 2020, 09:58:07 PM |
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Let's see what happens but first cross the 31k then I hope go to 35k $ possible
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Timelord2067
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December 31, 2020, 07:25:10 AM |
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$35,000 by the end of January is certainly feasible by about the end of January 2021. That said, people entering the rally this late in the play might be the first to dump when the tide turns and the price comes crashing down to about half of those levels by early April 2021.
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btc_angela
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December 31, 2020, 08:25:57 AM |
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Let's see what happens but first cross the 31k then I hope go to 35k $ possible
We are in the $29k'ish now, for sure $30k is just peanuts in the next coming weeks if bitcoin continue to have this kind of super rally. We should think about $50k if we breach $35k, of course along the way a correction would happen and I would say that we needed it to bring some respite in the market. However, with bullish mentality, I wouldn't expect a flash crash, investors have matured enough and the whole bitcoin narrative has change.
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hotpassion
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January 01, 2021, 01:54:29 AM |
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I suppose btc price will reach $35k within January 2021. Any one who is still waiting Bitcoin to pull back bellow 20k to buy will miss the opportunity to buy btc at low price.
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LogitechMouse
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January 01, 2021, 04:51:32 AM |
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I know that Bitcoin will be reaching that price. It isn't a matter of will it be reached but it is a matter of when it will be reach. Many are believing that this price will be reached base on its trend in the past 12 years ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Although the OP didn't shared any analysis and he just said it and no proof, we know that this will happen. Its just we don't know when it will happen. It may happen this 2021 if the current rise is sustainable. It may not if many holders decided to sell some of their Bitcoins.
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Questat
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January 01, 2021, 01:53:43 PM |
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This thread has make sense, bitcoin reaching $30k might trigger more bullish action, and actually at this moment, I don't see a ceiling for bitcoin price anymore, anything could happen, it could pump more before it will start to dump as its correction.
Congratulations to those who reach this far, try to evaluate the situation, will you continue to hold or just take a profit now?
GREED is the main reason why we lose the opportunity to sell, hopefully it will not happen to us.
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KTChampions
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January 01, 2021, 05:10:27 PM |
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This thread has make sense, bitcoin reaching $30k might trigger more bullish action, and actually at this moment, I don't see a ceiling for bitcoin price anymore, anything could happen, it could pump more before it will start to dump as its correction.
Congratulations to those who reach this far, try to evaluate the situation, will you continue to hold or just take a profit now?
GREED is the main reason why we lose the opportunity to sell, hopefully it will not happen to us.
It is difficult to continue to hold an asset after a big growth, but it is quite realistic and pleasant. Another question is that those who see the rally and think to enter have a more difficult choice: the risk of correction is great, but greed gives additional incentives for investment. I am also interested in how the investors who took bitcoin for 20k behaved - went to breakeven or waited for profit or kept holding it.
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BITCOIN4X
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January 01, 2021, 05:33:03 PM |
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It is difficult to continue to hold an asset after a big growth, but it is quite realistic and pleasant. This is a reasonable statement. I agree with you on this. Another question is that those who see the rally and think to enter have a more difficult choice: the risk of correction is great, but greed gives additional incentives for investment. I am also interested in how the investors who took bitcoin for 20k behaved - went to breakeven or waited for profit or kept holding it.
I want to know what you think of this. The company has bought quite a lot of bitcoin for under $ 20K, they have made a lot of money at this point because the price of bitcoin continues to move up if only they are willing to sell all their assets in the market. On December 4, 2020, MicroStrategy Incorporated (the “Company”) announced that it had purchased approximately 2,574 bitcoins for $50.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $19,427 per bitcoin. As of December 4, 2020, the Company holds approximately 40,824 bitcoins that were acquired at an aggregate purchase price of $475.0 million, inclusive of fees and expenses.
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romero121
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PredX - AI-Powered Prediction Market
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January 01, 2021, 06:43:11 PM |
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The market has experienced a massive growth. Maybe the prediction is a random choice, but there is chance of reaching $35k. I state this based on the experience I had when the price was nearing $22000. By the time more experts predicted of 2020 to bring big growth. If I've bought by that time, now a difference of around $7000 could've been got as profit.
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Becky666
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January 01, 2021, 08:50:37 PM |
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Due to what is happening in the Bitcoin market would made me stand with the said price becasue the movement in bitcoin price when it hit the value of $25k was amazing and without delay it moved to $29k. The value of the current bitcoin price has clearly shown that with some little push from institutional investors we could easily clock the value of $35k soonest, so, for us to get the bitcoin price at this $35k isn't something that's hard becasue we're close to clocking $30k. Some will buy bitcoin when it price move considerably.
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