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Author Topic: The last time we saw 16K on Bitcoin price  (Read 545 times)
bitcon
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November 22, 2020, 12:50:41 PM
 #81

It is too early to conclude anything related to Bitcoin since $ 16k is a good resistance, good support and it is important that we no longer see Bitcoin at 16k that Bitcoin needs to move to $ 18k, continued according to $ 20k and other prices.
History repeats itself often, we have seen Bitcoin at 10k on several occasions, possibly in the next $ 16k price zone.

When we make our prediction here, other people make money. I do not know the best Bitcoin price in 2020, but I am sure BTC will be always growing. This general growth will continue for at least 30- 40 years, with falls and rises of the price.
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November 22, 2020, 02:44:11 PM
 #82

History will repeat itself as bitcoin reach $19K days ago and currently stable on $18K. It was the year 2017 it hitted its ATH, it  has great possibility it will reach before end of the year. Altcoins did not do well as much as bitcoin because this is not the year of altcoins in my humble opinion. Though ETH and XRP are slowly climbing up and hopefully it will continue to prosper these coming months especially for the upcoming ETH version 2.

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November 22, 2020, 03:04:07 PM
 #83

Bitcoin and altcoins has different uses and its base on their supporters if they think the specific coin is worth to buy and hold. Majority of altcoins cant even reach half the price of their last ath but its not a problem since we can choose where we want to invest our money to the coins we believe in.

Bitcoin is undeniably the most reliable coin for investment. It can turns up and down but will surely recover even it takes time. Better to not look on the price. If you truly believe in btc even the price is in dip you'll buy because you're confident for its future.
Most alts can't recover as they have no use case in the first place. Most alts were created to fund the pockets of the devs. So once they hit the exchanges, the price is in continuous decline, with no sign of recovery. Only those with real applications and continuous development will survive and that is small in number. Whereas, btc, will go up and down in the market but this one will always be the number 1. And seems that we will 20k very soon.
Altcoins are easy to create and indeed they are only chasing money to fund their half-way plans, so now I don't really think about alts flying because at the end it will go to the bottom too, see many maybe hundreds of altcoins that are made but break up in the middle of the road that means The developer does not think about the future but after reaching the exchange maybe their main goal and the products offered are not very popular, so altcoins will not follow bitcoin even though it is currently on the rise.

It's too big to hold alts at risk so I decided not to be long and it's better when the trend just occurs.

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November 22, 2020, 03:06:13 PM
 #84

That's quite true. Many altcoins which were pumped in price in 2018 had a big hit and were never recovered.
But there are coins in OP which are comparatively performing well. ETH has done a good job I believe in recovering it's price.
It was just a matter of time for bitcoin though since many people including me believed that bitcoin will definitely recover the price.
Just a few days or weeks more and bitcoin might just cross the ATH price  Cool

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November 22, 2020, 03:09:23 PM
 #85

Since the last time on 2018 when was 16K many shit/alt coins we changed in price some of them are fallen down and some others are still rising. As you may know, Bitcoin could recover a huge part of price fall after 2017, but many other big shitcoins still couldn't recover. That's reason why we love it.

Chainink

2018
1.04$
2020
12.89$

Ripple

2018
1.87$
2020
0.25$

Litecoin

2018
239$
2020
65$

Ethereum

2018
1337$
2020
463$
Bitcoin is always price-deciding compared to other altcoins. Bitcoins are rising but other altcoins are growing very slowly, perhaps the Altcoins need more time as Bitcoin sets new prices. The current price of 18k gives us hope Bitcoin will continue to increase in price and maybe last time I don't want Bitcoin to go back to 16k price anytime soon.
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November 22, 2020, 03:10:41 PM
 #86

now $ 16000 is a strong support for Bitcoin,
until now Bitcoin is still above $ 16000, this is good for the next bitcoin journey,
hope to stay in this zone and give space for altcoins to rise

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November 22, 2020, 03:45:08 PM
 #87

Bitcoin always the leader in cryptocurrency and those other altcoins are the followers which is sometimes follow the trend of bitcoin while others made didn't follow bitcoin that's why now that bitcoin almost going back from the last ATH, other altcoins still sleeping.

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November 22, 2020, 06:11:27 PM
 #88

Bitcoin always the leader in cryptocurrency and those other altcoins are the followers which is sometimes follow the trend of bitcoin while others made didn't follow bitcoin that's why now that bitcoin almost going back from the last ATH, other altcoins still sleeping.
Bitcoin is the leader in the crypto world so all other coins change as it changes. But if the change in bitcoin is not fixed, other coins will fall asleep. Let Bitcoin be stable then the real game will start. Alt-coins will quickly raise their heads that cannot be stopped. So be patient, hold on and watch in silence. The rise of 2020 will be much higher than in 2017.
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November 22, 2020, 07:10:07 PM
 #89

now $ 16000 is a strong support for Bitcoin,
until now Bitcoin is still above $ 16000, this is good for the next bitcoin journey,
hope to stay in this zone and give space for altcoins to rise
Altcoins have opened up space, I am very excited to see the top 10 altcoins following bitcoin steps and like my prediction XRP will increase even faster due to the news that XRP fork on 12 December, very confident that XRP will return $1.

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November 23, 2020, 08:23:52 AM
 #90

now $ 16000 is a strong support for Bitcoin,
until now Bitcoin is still above $ 16000, this is good for the next bitcoin journey,
hope to stay in this zone and give space for altcoins to rise
Altcoins have opened up space, I am very excited to see the top 10 altcoins following bitcoin steps and like my prediction XRP will increase even faster due to the news that XRP fork on 12 December, very confident that XRP will return $1.
There's always a hype when forks happen on popular coin, honestly, I'm not so updated with XRP as I think centralized coin is not a great investment but we can't deny how success XRP already, and it's always a top 10 most performing coins in the market.

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