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

[tbterryboy]

There is a problem with a lot of crypto people and the market itself that makes going higher a very difficult challenge. The idea of a good trade would be buying at 4k levels during march when the price dropped, and selling it now or a bit later when the price goes up.

However with that logic if everyone bought at 4k that would make the price go up instantly, which means only a handful of people bought there, and it also means if people sell now that the price is high, or later when price is higher, that would make the price crash. So, that means there needs to be a lot of people who buys at high prices to keep it going, for example in order for us to be $20k, there needs to be hundreds of millions of dollars bitcoins bought at 16k price as well, so we are telling people to do exactly opposite of what they should do in order for market to continue going up.

[1715331852]

1715331852

[Oceat]

It seems that the chart is like repeating the history again. Are we gonna see the $20k next month? I'm actually a bit nervous everytime I look at the chart and the price is slowly breaking the unexpected price I never thought could be attain within just a few weeks. It usually starts in December but this isn't the time yet but I can't tell when is the price correction would step in.

[AakZaki]

We have got to be watchful, but I think as long as anyone can claim to have his/her profit you can keep playing safe in your trade because not everyone will hold the peak of the bull run, we all keep hunting this way from now till the bull run is suddenly over again.take a chance where necessary but do well to avoid regrets. Let's learn from the past, avoid greed, be smart and you will be happy.

when the bulls suddenly end and a correction occurs, all traders will take the opportunity to secure their profits. it will definitely happen and we have to be prepared for it, don't be too greedy to take advantage. But soon the new ATH will be achieved. The end of 2020 is a good year for bitcoin and in 2021 we all hope that Bitcoin will return to its peak. Learn technical analysis and fundamentals to be able to predict where the bitcoin price will move.

[tranthidung]

What is bitcoin trying to do?

• Bitcoin is bullish - Yes
• Greed is everywhere - Yes
• Where bitcoin want climbing up to?

Let's take a look at Mayer Multiple Band that is used to get a trend, for long-term investment (not for short-term) or intraday tradings. It is only one of tools you can use and there are bumpy-dumpy roads till bitcoin Moon.

• If bitcoin breaks $20k and jumps into the Bullish-extension area, it might reach $27k.
• Further than that, the Overbought area might help bitcoin moving up to around $49k.

These things will partially depend on how DeFi tokens perform in the near future. See also Bitcoin, Altcoins, DeFi and what's next?

I don't think the second scenario will happen in 2020 but bitcoin is always crazy and blows our minds away. Let's see and remember don't wait for Moon to take profit (do it partially along the journey), also don't use high leverages when market and traders are in crazy mood.

[justdimin]

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..

I hardly like to make predictions because it feels like gambling when I make predictions about the price of Bitcoins but this year as we come close to the end it appears like there is a real good chance of that happening but I will be more than happy if we can just sustain the current price for an elongated period rather than going 25k and then dropping back to 15k.

The demand for Bitcoins is only going to rise technically speaking so there should be no way the price goes down but in past it has gone down at times for smaller periods so I just hope more solidity is gained at the current price rather going way too high and then a drop.

[palle11]

It seems that the chart is like repeating the history again. Are we gonna see the $20k next month? I'm actually a bit nervous everytime I look at the chart and the price is slowly breaking the unexpected price I never thought could be attain within just a few weeks. It usually starts in December but this isn't the time yet but I can't tell when is the price correction would step in.

About the chart repetition of price from 2017 to this year, we can see a new kind of chartfrom next year because the institutional investors and also known artist and billionaires investing huge as they have seen better and gradual increase of price despite covid-19 challenge .

[wxa7115]

The time-series plots (charts) give you enough visual data for daily high price (in 2017, 2018, 2019, 2020) and daily volume.

It has around 45 days till the end of 2020 and if history repeats itself, better things not yet to come.

But be careful with your trading orders and extremely careful if you are trading with high leverages. You can keep your greediness and wait for higher price in rest days of this year but it is not a most wisely way to take profit.

It is not my financial advice.

It's really interesting to see how similar the charts are and if in fact the story repeats itself then were about to see a price that is much higher than the previous all time high, I'm just worried a little bit because the price is giving no sign of going down even slightly, each day the price goes up and while many would consider this to be a good thing I'm worried because that probably means that we are in a bubble once again.

And while those that like to speculate with the price will be content with it those that are long term holders are probably get discouraged if we see another crash as huge as the one that we saw after the bubble of 2017.

[Smartvirus]

I never imagined bitcoin reaching this price of 18k+ by now, talk more of the end of the year. In fact, in my interview at the reputation section, I had predicted a 15k price closure for the year but what is happening now beats all that and it doesn't seem like it's going to be rejected too far below 18k should it stop appreciating in price. So, it's right to say the best price is yet to come as it's by far beating all expectations and only more highs can be expected especially before this month of November runs out. A lot of hoarders are very much smiling right now.

[redsun114]

It seems that the chart is like repeating the history again. Are we gonna see the $20k next month? I'm actually a bit nervous everytime I look at the chart and the price is slowly breaking the unexpected price I never thought could be attain within just a few weeks. It usually starts in December but this isn't the time yet but I can't tell when is the price correction would step in.

That is why the best way to react to the current trend is just wait and watch and mind you, there might be some corrections coming soon so don't panic when they happen and have faith in your investment. There are articles on known websites about BTC reaching $100k but those are all speculations and honestly no one knows what is going to happen in the net few months.

I don't think the second scenario will happen in 2020 but bitcoin is always crazy and blows our minds away. Let's see and remember don't wait for Moon to take profit (do it partially along the journey), also don't use high leverages when market and traders are in crazy mood.

I would say wait for moon to take profits because I don't see a reason why the price would fall back at all. All the market charts and speculations are only positive and actually during such positive trading environment no one dumps while purchase of BTC keeps happening and yeah I guess it is a good idea to take some profits and move on but you might regret once we actually go to the moon in terms of prices.

[Hamphser]

I never imagined bitcoin reaching this price of 18k+ by now, talk more of the end of the year. In fact, in my interview at the reputation section, I had predicted a 15k price closure for the year but what is happening now beats all that and it doesn't seem like it's going to be rejected too far below 18k should it stop appreciating in price. So, it's right to say the best price is yet to come as it's by far beating all expectations and only more highs can be expected especially before this month of November runs out. A lot of hoarders are very much smiling right now.

Lucky for those who believed and still hold or to those who do able to buy when the price was still in 10k price on which we are still on sideways movement for several months.
They are indeed making at the moment and as you mentioned about speculations then theres are lots of threads that do even talk where the price can only reached out 14-16k for
this year and im one of them that do believe on such thing but all of those speculations and presumptions had been broken and this is why bitcoin is really unpredictable where
it can surprise out everybody into its potential when it comes to growth in a short span of time.

[tranthidung]

I would say wait for moon to take profits because I don't see a reason why the price would fall back at all. All the market charts and speculations are only positive and actually during such positive trading environment no one dumps while purchase of BTC keeps happening and yeah I guess it is a good idea to take some profits and move on but you might regret once we actually go to the moon in terms of prices.

Naturally you will lift up your price target if price of bitcoin moves up more and you will hesitate to take profit from price to price. Price can move higher sure but hesitation will prevent you taking profit and it also prevent you to react when bitcoin pulls back dramatically.

I am bullish with bitcoin in the long run but it is not a time to be greed. Make your plan and protect your profit you have earned on the computer screen so far. Turn it into real profit, not only on the screen.

The Doji has not yet appeared but it will do soon.

[cheezcarls]

By the looks of it, there’s a good chance that Bitcoin could move past it’s previous all-time high in 2017. Ethereum is also hanging on above $500. I did predict realistically that Ethereum would reach $500 before the end of 2020 at least, but I would be surprised if it reaches $600 to $700 this year. However, one of my colleagues posted on his timeline that there’s also a chance that BTC might crash somewhere between $14k to $15k before it’ll go allthe way up once again. Anything could happen because the price of Bitcoin, Ethereum and other cryptocurrencies cannot be predicted. They can pump or dump without warning. I don’t agree about being careful, but we should only invest and trade what we can afford to lose, with proper risk management of course.

[LUCKMCFLY]

If I rescue the fact that you must be careful, the price increases of Bitcoin are excellent, but we must wait for the correction to see how deep it is, it is also necessary to see that according to the volume that Bitcoin has presented is very good, the Shopping is happening on a daily basis, but the market is moved due to people's emotions.

The proximity of Christmas means that the price continues to increase, since demand increases by nature, you just have to be cautious, there are other reasons why the market increases that few know and that is that the demand in the DeepWeb increases and like everything in the deepweb is via Btc and Monero, this helps too.

[death69]

Love the volume. It is higher than all other years which prove that many people are bound to the market. With this stable volume, we can go even higher. If you are a margin trader with high level of leverage, you should lower it to less than 1:5. A correction can make your balance disappear with a rapid drop.

And remember not to short bitcoin at the moment. Too risky. And to all holders, dont hesitate to buy more bitcoin or top 10 altcoins. They are quite potential right now.

[MWesterweele]

The time-series plots (charts) give you enough visual data for daily high price (in 2017, 2018, 2019, 2020) and daily volume.

It has around 45 days till the end of 2020 and if history repeats itself, better things not yet to come.

But be careful with your trading orders and extremely careful if you are trading with high leverages. You can keep your greediness and wait for higher price in rest days of this year but it is not a most wisely way to take profit.

It is not my financial advice.

It's really interesting to see how similar the charts are and if in fact the story repeats itself then were about to see a price that is much higher than the previous all time high, I'm just worried a little bit because the price is giving no sign of going down even slightly, each day the price goes up and while many would consider this to be a good thing I'm worried because that probably means that we are in a bubble once again.

And while those that like to speculate with the price will be content with it those that are long term holders are probably get discouraged if we see another crash as huge as the one that we saw after the bubble of 2017.

If its true that the story repeat itself then we should be watchful and ready to whatever may happen next to the bull of bitcoin market value after this year ends. Everyone knows how the value of bitcoin dumped to its lowest price after that bullish. 2017 was a year of bitcoin and if this year 2020 the bitcoin value may reach the 2017 ATH and much better if it breaks the last time highest market value then as what i get from the point "story repeat itself" we should be ready and learned from the past experienced of 2017.

[Psynthax]

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..

No kidding. The price of BTC although seems like a rollercoaster if you look at different perspective for example long term investor it always goes up. $20K? that's piece of cake if the trand of going up like this persist for another decade. I don't think we gonna have some extreme price rally like it was in 2017 but if it's steady and UP it's already more than enough.

[Ridwan Fauzi]

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.

[Rebisco]

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. The current movement of the bitcoin is telling that the price will go into some consolidation first before it pierced the ATH. But we all know that trading is a game of possibilities so we should always be prepared anytime for us to avoid huge dump. For those who will do margin trading, be careful and manage your risks very well.

[kapalmabur]

before reaching the new all time high, the price of Bitcoin still feels threatened,
we know it has been a long time since the price of Bitcoin has been below the all time high, yup 2017-2020 is 4 years,
just watch the market, if the price reaches the new ATH then it will create a new chart and the cycle will changed

[Krabby]

With the current stats it does look like bitcoin will trade sweet at 20K in the coming days.

The 45 days window is perfect for it to achieve that much trading volume. With the holidays up-ahead many people do trade bitcoin for fun, for investments and part time stuff. This makes it more easier for bitcoin to go upwards and hold the ATH position.

From your graph itself we can make a match the current path is perfect one to reach 19-20k USD rates. 

Well, I think the crowd will keep pushing Bitcoin's price until it hits a big sell wall for those who bought a lot of Bitcoin at ATH of 2017
I suspect that when Bitcoin's price reached its ATH peak it was sold off again. Then for sure, downtrend and Bitcoin will fall to $ 14k5 soon. Therefore, if there is a profit, please sell it, especially to sell a lot at about 19k $ to avoid being dumped by other holders first.