Bitcoin 2017 - 2021. Better price not yet to come. Be careful

[bitgolden]

What people are missing out on this is the simple fact that 2020 has been higher than any other year on average, obviously other years may have some higher numbers for example 2017 having $20k but we are talking about a whole year average price and 2020 has been the best year ever for that.

Except the 2 month period between march to may, we have seen huge numbers consistently and that is not something we have seen before, it was always up and down for us every single year and that is really something special. If you ask me I am not expecting huge numbers but I expect $14k+ by the end of the year consistently without dropping under that ever, probably go even higher in 2021 as well without dropping under that level as well, we are not going to see lower from bitcoin ever again in it is history.

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[tranthidung]

Above all analyses or theories, please remember bitcoin price is on its yearly upwards trend. It is enough if you ignore all ups and downs of bitcoin in last more than 10 years.

Fact sheet for bitcoin price (daily low, high, close price over years)

What people are missing out on this is the simple fact that 2020 has been higher than any other year on average, obviously other years may have some higher numbers for example 2017 having $20k but we are talking about a whole year average price and 2020 has been the best year ever for that.

It is the best if you look at it neutrally or look at it as a person stays outside the market.

If you have been in the market this year, you can get huge profits or huge loss and your entry, exit prices decide profit or loss. No one has same profit/loss in the market.

I remember the crypto market in 2017, and then I lost more than I earned due to my inexperience, but today I have already known what to do.

True that. In bull market, you can get profit very easily but the hard part is how to keep such profit in your balance.

Leverage is not easy and I always telling to a lot of people because there are times that they are doing over leverage and they will regret it whenever they lose it, the price of the bitcoin is becoming and it is true that the history can repeat itself.

Nothing is wrong with leverage if you know what you are doing, where to entry and where (at price) your orders will be liquidated with the leverages you use for your orders.

The current movement of the bitcoin is telling that the price will go into some consolidation first before it pierced the ATH.

Consolidation means corrections then stable price band for a while.

We can't rely on the technical analyst only, you should be better to look with the another side especially fundamental analyst.

You need fundamental analysis and on-chain analysis. Technical analysis is useless due to manipulations but discover manipulations is a beauty of investment and tradings.

Also, based on the chart at 2017 ago we didn't have a history chart to make a decision when should we buy and sell. But now, we can see the previous histroy to make a decision

It is not as simply as that. History can be repeated or not and whales can set up traps for you if you blindly look at history and believe it will be repeated.

[elisabetheva]

I remember the crypto market in 2017, and then I lost more than I earned due to my inexperience, but today I have already known what to do. To my mind,
for beginners, the best choice would be to wait for a rollback of bitcoin to the 6k level and then buy long and make your profit. Good luck 

Your hopes for bitcoin at the $ 6K level may be difficult to materialize this year, now that it is already at the price of $ 18K it will take a long time to reach what you want. In fact, bitcoin is now in a period of increase and the possibility of going down could happen but not that far, because bitcoin will also increase again if there is a decline. remember this is the period when bitcoin will continue to increase, so take this opportunity so you can enjoy it too.

[beerlover]

Stable price or range bounded price levels would probably happen after we break ATH because it is going to be difficult for everyone. There will be people who would like to sell, and there will be people who would like to buy, and at the end of the day we are going to not really have any problems with the price because those two sides will probably break even after ATH, it won't go up like it has so far because there will be a lot more people selling, but we won't go down because we are in a hype and there are plenty of reasons to buy as well.

Hence at the end of the day we are not going to really change anything big. Hence I believe after we go above $20k, there will be a long steady period, maybe it will fall after that or go higher but for like a month or so we are probably going to stay there without moving.

[Raflesia]

Hence at the end of the day we are not going to really change anything big. Hence I believe after we go above $20k, there will be a long steady period, maybe it will fall after that or go higher but for like a month or so we are probably going to stay there without moving.

Well of course we will redeem a higher level but the target now is $ 20k to be reached but still this price will not be stable for longer and usually bearish is waiting if the price is high that's what we have to correct because it will cause a big polemic when it occurs later.
but still if it is more stable than usual $20k will continue to get closer and decrease until it is so we will see that bitcoin is more stable to be a valuable asset.

[illnino]

snip..

Many peoples are ready to buy the Bitcoin so as soon as possible it will going to moon. Many investors are plan to buy huge investment in BTC so $20k is possible in before end of the year. In 2017 is the best year in crypto industry so everyone happy celebrate this rapid peak. It is decentralized platform so anything will possible on crypto platform so we must actively monitor the crypto market.

I am constantly monitoring Bitcoin price movements every day and I am pleased with Bitcoin price growth which is slowly but surely heading towards $20k.  most likely before this year is over Bitcoin will be at $20k or more, let's keep an eye on the price of Bitcoin..

If it happens and Bitcoin is traded for 20 thousand, all will start talking about 2020 not only about the year of Coronavirus. It will be called the year of the cryptocurrencies flourishing. Suppose, we have all chances to see it very soon.

[ethereumhunter]

snip..

Many peoples are ready to buy the Bitcoin so as soon as possible it will going to moon. Many investors are plan to buy huge investment in BTC so $20k is possible in before end of the year. In 2017 is the best year in crypto industry so everyone happy celebrate this rapid peak. It is decentralized platform so anything will possible on crypto platform so we must actively monitor the crypto market.

I am constantly monitoring Bitcoin price movements every day and I am pleased with Bitcoin price growth which is slowly but surely heading towards $20k.  most likely before this year is over Bitcoin will be at $20k or more, let's keep an eye on the price of Bitcoin..

If it happens and Bitcoin is traded for 20 thousand, all will start talking about 2020 not only about the year of Coronavirus. It will be called the year of the cryptocurrencies flourishing. Suppose, we have all chances to see it very soon.

We will see that price sooner or later. Meanwhile, we can be ready for the coming by having more coins that can be the next potential coin that can increase. Bitcoin itself will raise more than $20k, and bitcoin is going to go that price soon. The situation will not be the same as in 2017 because more people will come to bitcoin, and they will invest their money because they want to make money like others. Maybe this year can have a big impact on bitcoin, and in the next year, bitcoin can grow more than today.

[tranthidung]

We will see that price sooner or later. Meanwhile, we can be ready for the coming by having more coins that can be the next potential coin that can increase. Bitcoin itself will raise more than $20k, and bitcoin is going to go that price soon. The situation will not be the same as in 2017 because more people will come to bitcoin, and they will invest their money because they want to make money like others. Maybe this year can have a big impact on bitcoin, and in the next year, bitcoin can grow more than today.

Situations (economy, politics, crypto activities) are different and never are the same between two periods. The fact is the market has its operational rules and it repeats its ups and downs for many years -- that can be expanded to any financial market. Crypto market is different but human psychology is the same (greed, panic, FOMO, impatient, uncontrollable) and it is enough to help price actions of the market have opportunities to be repeated.

Repeat here does not equal to be completely repeated in price models, patterns, movement steps. News break your neutral minds and distorted your minds on how the market naturally works.

Everyone can say bitcoin will hit $20000 again but when? When is the decisive factor for your profit or loss, not the price itself.

[ethereumhunter]

We will see that price sooner or later. Meanwhile, we can be ready for the coming by having more coins that can be the next potential coin that can increase. Bitcoin itself will raise more than $20k, and bitcoin is going to go that price soon. The situation will not be the same as in 2017 because more people will come to bitcoin, and they will invest their money because they want to make money like others. Maybe this year can have a big impact on bitcoin, and in the next year, bitcoin can grow more than today.

Situations (economy, politics, crypto activities) are different and never are the same between two periods. The fact is the market has its operational rules and it repeats its ups and downs for many years -- that can be expanded to any financial market. Crypto market is different but human psychology is the same (greed, panic, FOMO, impatient, uncontrollable) and it is enough to help price actions of the market have opportunities to be repeated.

Repeat here does not equal to be completely repeated in price models, patterns, movement steps. News break your neutral minds and distorted your minds on how the market naturally works.

Everyone can say bitcoin will hit $20000 again but when? When is the decisive factor for your profit or loss, not the price itself.

You are right on this point. But I think we will not be too long to see bitcoin hit $20k because we are closer to that price. Maybe that price will come in the next week or next month or even the next year, but that will come to us. If people can not wait for that time, they will sell their bitcoin when the price is reaching $19k below $20k. But for people who want to sell bitcoin at more than $20k, they will have more patients and calm down to wait for that price.

The history will repeat means the price will increase higher, and it will break the last ATH. All we can do is patient and still waiting while enjoying this moment and selling bitcoin if you want. The market will be like what we see, but the next bull run is coming to us.

[TitanGEL]

We will see that price sooner or later. Meanwhile, we can be ready for the coming by having more coins that can be the next potential coin that can increase. Bitcoin itself will raise more than $20k, and bitcoin is going to go that price soon. The situation will not be the same as in 2017 because more people will come to bitcoin, and they will invest their money because they want to make money like others. Maybe this year can have a big impact on bitcoin, and in the next year, bitcoin can grow more than today.

Situations (economy, politics, crypto activities) are different and never are the same between two periods. The fact is the market has its operational rules and it repeats its ups and downs for many years -- that can be expanded to any financial market. Crypto market is different but human psychology is the same (greed, panic, FOMO, impatient, uncontrollable) and it is enough to help price actions of the market have opportunities to be repeated.

Repeat here does not equal to be completely repeated in price models, patterns, movement steps. News break your neutral minds and distorted your minds on how the market naturally works.

Everyone can say bitcoin will hit $20000 again but when? When is the decisive factor for your profit or loss, not the price itself.

You are right on this point. But I think we will not be too long to see bitcoin hit $20k because we are closer to that price. Maybe that price will come in the next week or next month or even the next year, but that will come to us. If people can not wait for that time, they will sell their bitcoin when the price is reaching $19k below $20k. But for people who want to sell bitcoin at more than $20k, they will have more patients and calm down to wait for that price.

The history will repeat means the price will increase higher, and it will break the last ATH. All we can do is patient and still waiting while enjoying this moment and selling bitcoin if you want. The market will be like what we see, but the next bull run is coming to us.

In this time patience is required, for those who will sell now for sure they will miss a great opportunity when the bitcoin starts to break the $20,000, it is really sure that there will be a rally once the ATH break because it is a major resistance, right now there is small consolidation where anytime the may break the next resistance. For sure the breakout is near where we will wait just days or weeks. My expectation right now is very high because of the data that I got when I do some technical analysis.

The bullrun 2020 will be different and I expect that not only the bitcoin will increase and also the altcoins especially those who have potentials in the market. I actually now increasing my allocation because the market is now becoming healthier than before.

[tvplus006]

We are now only $800 away from the previous ATH bitcoin. Coinmarketcap has prepared 10 thousand dollars in BTC for those who correctly predict the date and time when the price of bitcoin will reach 20 thousand dollars: https://coinmarketcap.com/bitcoin-price-prediction/  I made my forecast)

[New.in.trading]

I really would not buy BTC USD at this stage. Nor would I sell it. I think its the kind of phase where you are in, or not. If you are in, well done. If not, be patient and dont chase trades. It is an exciting time right now, so beware of FOMO trades!

[BTCappu]

Everyone and their own ways, no matter how you put it there will always be those who are going to lose in the market. So, I just try to do my thing the way I fit best and hope luck is on my side. 2017 already was a good year for me, and 2020 is proving to be a good one as well and I hope it continues that way.

We are all expecting a new ATH, but we can’t tell what it is, nobody knows the actual amount it’s going to be when the price hits that ATH. Some have been making random predictions, some have said $50,000 and some have taken it all the way to $100,000, and I have also seen another crazy prediction of almost $400,000 and that doesn’t seem believable to me. I might take the one of $50,000, but as for the rest? I can’t really take them, but let’s hope and see.

[AliMan]

There is no time greed is good, even if any trader is futunate to escape the loss by chance, making your profit can begin from this little pump, never wait until you see the peak of the bull run, many will even use the strength and aggression of the 2017 losses to hunt this upcoming season bull but it requires wisdom to make it up, just like the post starter said, you can't make your profit that way, if you miss it this time around, your guess is as good as mine..another 4 years carry over.

We need to stay focused despite of the raging speculations, it might not sustain if greed was still in your heart. Profit starts with determination, and if you're weak on your decision making, I guess wisdom won't be with you as long as you remain consistent with daily goals with trading. Losses will happen, just make it as good lessons and for sure we will be successful in the near future.

[Shasha80]

I am among those who will be patient waiting for the Bitcoin price above $ 20,000. Because I believe in the increasingly
strong Bitcoin fundamentals, and also the increase in the Bitcoin price which is different from 2017, making the increase
in Bitcoin will continue until 2021. Even though there is still a possibility that the Bitcoin price will suddenly drop, we must
have the courage to take risks, if you want to get a large profit. Because from the beginning we know investing in Bitcoin
does have a high risk, so it must be prepared to face the risks that will occur.

[FanEagle]

Obviously it is possible to break ATH, $20k is not that far away. The difference is the fact that we have moved only 100% when this started, compared to 700% when it happened in 2017. That is a big difference, plus we have a lot more crypto companies, a lot more companies investing into crypto and hundreds of millions of dollars (even over a billion) were withdrawn from the market. That is really important, when there is less and less coins in the market that makes it go higher quicker as well, there are not that many sellers left because investors bought it and withdrawn it from market, so only buyers are growing while sellers are getting smaller and smaller.

[ethereumhunter]

In this time patience is required, for those who will sell now for sure they will miss a great opportunity when the bitcoin starts to break the $20,000, it is really sure that there will be a rally once the ATH break because it is a major resistance, right now there is small consolidation where anytime the may break the next resistance. For sure the breakout is near where we will wait just days or weeks. My expectation right now is very high because of the data that I got when I do some technical analysis.

The bullrun 2020 will be different and I expect that not only the bitcoin will increase and also the altcoins especially those who have potentials in the market. I actually now increasing my allocation because the market is now becoming healthier than before.

Maybe those people already think about that, and they still decide to sell some bitcoin they have to make a profit. I think that will be good for them. They can at least make a profit while they will have a chance to buy back bitcoin when the price is down. As long as they can use the downtrend to buy more bitcoin, they will have more bitcoin, and they can sell it again once the price breaks the highest price or more than $20k.

This time, bitcoin makes a correction again, and the price is down below $19k, but I am sure that the price will start another rally this week or next week. We should be ready for that time with having many bitcoin that we can sell it right away. But if you still want to hold your bitcoin because you want to sell more than $25k, then that will be no problem. The next bull run will trigger the bitcoin prices to increase so high, and the price will be out of our expectations.

[wxa7115]

We can't rely on the technical analyst only, you should be better to look with the another side especially fundamental analyst. At this situation, we still have a chance to reach even pass the previous all time high. Many people will only focus to safe their money or find another place to make their money grow, of course they will look bitcoin as an alternative.

Also, based on the chart at 2017 ago we didn't have a history chart to make a decision when should we buy and sell. But now, we can see the previous histroy to make a decision, we can see the strong support/resistence and we can predict when bitcoin price will meet the correction. As for taking profit issue, it is depend on the trader they will have a different target and they will accept every consequence that will get.

This is one of the biggest factors that is contributing to the fast growth of bitcoin, I really thought that it will take decades for investors to actually realize the great properties that bitcoin has as a store of value, and even if they did so they would be afraid of using bitcoin and will instead decide to use more traditional options like real estate and gold.

But it seems that investors are not afraid to try bitcoin and give it a chance as a store of value and if those people are really interested in being in bitcoin for the long term this could bring stability to the market but at the same time an impressive growth from time to time which will without a doubt benefit everyone that is in the market.

[tranthidung]

This time, bitcoin makes a correction again, and the price is down below $19k, but I am sure that the price will start another rally this week or next week. We should be ready for that time with having many bitcoin that we can sell it right away. But if you still want to hold your bitcoin because you want to sell more than $25k, then that will be no problem. The next bull run will trigger the bitcoin prices to increase so high, and the price will be out of our expectations.

It is expected to see bitcoin correction is deeply to below $17k. Don't complicate things and open width or depth of view to make trading and investment more easily.

How liquidations on Bitmex is skyrocketing today, 97% increase within 24 hours, especially for liquidations on Long positions. How many longers got rekted?

It is not bad, bitcoin will come back, and be stronger but please be careful and won't get rekted.

[celot]

We can't expect which better price for bitcoin in 2017 or 2020 because today bitcoin have go down after success raise above $19,000. Still waiting what happen with bitcoin just small correction or keep going down after new year because last year become bad moment at the end year with bitcoin and altcoin have lower price. Talking with 2017 become most sweet memorize for every one because they raise much profit with bitcoin raise above $20,000 and ethereum could be fantastic price above $1,500, but today ethereum success pass above $600 but now back down again under $500 and stronger for eth up again or not, just waiting and control inside around the world with good or bad information to save our money first.