What will be the next move of Bitcoin after $17000?

[adaseb]

I think that $20K area will either go thru like butter with no resistance at all or we will come close to $20K but never actually reach it. I think the market is either expecting $20K to be the double top or breaking $20K and heading straight to some crazy number like $50K or $100K by end of the year.

So who knows, maybe $18.5K was the top, however I still think we might try one more time to go higher into the $19K area. I think many who don't think $20K will break will be taking profits there or entering some shorts, because better to enter a short at $19K, and if $20K breaks, then just take the 5% loss and hold BTC well into the mid $20's area. And if there ever happens then the $20K will sure be great support area and it should hold. If it doesnt break $20K, then $13.8K is the next support area.

[Botnake]

Bitcoin Have just crossed $18,000 so the next target should be 19,000 and then 20,000 and the much awaited ATH again.

But of course Obstacles are there and it is not easy to predict when the market is still in Pain with the recent economic problem caused by pandemic.

But who knows right?we may reach 20k just by this November or wait upto next year,Things may happen let us just keep on investing.

Things look so sudden there was a big jump to 10% 3 days ago and it could happen again several times hopefully this week or next week, things are going great right now, I though next year is what we expect the all time high, but now we can hope it happen this year, and let us all hope that it's different from the last one, where after we hit ATH the market made a sudden crash.

That's how bitcoin moves when the market is bullish, but be also careful as it's not going to be uptrend all the time, a dump is possible so we just need to be realistic and believe that anytime it could happen. For now, bitcoin still settles at $7k+ after it hit $18k, and we will see what's the next move.

[Janation]

It is still going strong.

I doubt that it will just fall that down easily. I think it will still hit $19K or maybe if we're lucky, $20K. I am still in the impression that the price will not be hitting a new ATH. It is not that I am thinking negatively about this situation but we never know what will happen and if it did, it is so much better, if it don't then I expcted that it did.

I have the gut feeling that we will reach new ATH come this december. We are still in the month of Nov and we are already seeing btc at $18k level. This will be a celebration for the whole crypto community. And with that,  I am seeing that there will be new users that will join this community. I hope they will be smarter this time and should know what they are getting into.

I hope it will.

As I said, I am not expecting that much but if it happens, it will happen. I think the fact that the price is continuously increasing and still staying strong means that there are a lot of users that invested earlier making this great demand. I doubt that new investors will be investing at this time since the price is still bullish.

[Question123]

Even this month we are possible to see the value of $20,000 or if it will not happen we can wait next few months before we see this value. But the sad is if people are starts panic selling and stop buying a bitcoin we cannot see again the 20k dollars per bitcoin.

The real answer of when we see again the highest value of the bitcoin is depends on us because we buy ,sell and hold the bitcoin so we are the reasons why bitcoin is dumping and rising if we want to see up the price of course hold and buy is the good to do.

[darewaller]

I think that $20K area will either go thru like butter with no resistance at all or we will come close to $20K but never actually reach it. I think the market is either expecting $20K to be the double top or breaking $20K and heading straight to some crazy number like $50K or $100K by end of the year.

So who knows, maybe $18.5K was the top, however I still think we might try one more time to go higher into the $19K area. I think many who don't think $20K will break will be taking profits there or entering some shorts, because better to enter a short at $19K, and if $20K breaks, then just take the 5% loss and hold BTC well into the mid $20's area. And if there ever happens then the $20K will sure be great support area and it should hold. If it doesnt break $20K, then $13.8K is the next support area.

I think 20k is like a landmark so might need some time to break that and once we break 20k it will free flow again until 25k or something like it has flew from 12k to 17k so far. I am not expecting too much in terms of price because in 2021 we will eventually have some humongous levels reached, I am sure so there is no need to get super excited for this year which is coming to an end already.

When price is rising everyone profits because if even you sell your coins you made profit and if you buy in current situation you will earn because the price is going to increase only it feels, what a positive market for everyone right now. Just amazing.

[jaberwock]

I have the gut feeling that we will reach new ATH come this december. We are still in the month of Nov and we are already seeing btc at $18k level. This will be a celebration for the whole crypto community. And with that,  I am seeing that there will be new users that will join this community. I hope they will be smarter this time and should know what they are getting into.

I hope it will.

As I said, I am not expecting that much but if it happens, it will happen. I think the fact that the price is continuously increasing and still staying strong means that there are a lot of users that invested earlier making this great demand. I doubt that new investors will be investing at this time since the price is still bullish.

Along with investors we actually have to appreciate the PayPal move which actually might have a huge impact on the continuously rising price of Bitcoins. PayPal being the biggest payment processor and a giant since announced they will allow BTC buy and sell means there are large number of new investors potentially into Bitcoins and this might be the impact of them. I really hope new platforms keeps adopting Bitcoins as we move into the next year and hopefully the pandemic is over by then so more investment comes into Bitcoin market as a lot of investors had cashed their assets during pandemic.

Lets hope for the best because it takes a small dip for people to get mad again and with these upward movement it is always followed by a small dip.

[n0ne]

Bigger growth is expected with bitcoin to happen over the falling weeks. This could make the price reach $20k at the shortest, as more volume of funds are coming into bitcoin. During the previous bull market the price grow high when it got closer to bitcoin.

This time the growth from the price around $13000 is happening in a stabilized and slow manner. This means the price used to move within few price points and then cross big barriers. The same is happening at present, so the market is growing with better stability.

When there is growth in large scale, in $1000s surely there'll be some form of panic wave making the market to crash. So, the growth happening in a stabilized manner is good for the market.

[FanEagle]

I do not like it when it is this sudden, I liked it when it took a month for us to reach from $10k levels to $16k levels, that was realistic and understandable, the price wasn't skyrocketing and it wasn't a hype that took us there, it was logical purchasing with some periods in between from the whales and other buyers.

However from $16k to $18k levels we have peaked very quickly and that scares me, because when bitcoin price increases this quickly it is not always good for us. The reason being is the fact that when something increases this fast, it is also possible that it may also decrease this fast as well. I do not really believe that we are at a strong support level right now and if it were to drop it could drop very easily with this new increase, going under $16k looks very possible and easy right now.

[kapalmabur]

after $ 17,000 is passed, the all-time high can be reached, and now $ 17,000 has been passed,
this is a sign that the Bitcoin price has broken through the heavy resistance,
if the second resistance of $ 19,000 is also passed it is certain that there will be a mega pump on another day,
of course there will be a correction first.

[Baofeng]

after $ 17,000 is passed, the all-time high can be reached, and now $ 17,000 has been passed,
this is a sign that the Bitcoin price has broken through the heavy resistance,
if the second resistance of $ 19,000 is also passed it is certain that there will be a mega pump on another day,
of course there will be a correction first.

As for the next target of $18,500, it has been breach and now becoming the support and not the resistance. So $20k this December is possible because of the bullish sentiments of traders and many people doesn't want to miss the train again so they still invested at the current price even though it is too high for some traders. I wouldn't be surprised if we touch $20k at the end of the year, it's gonna be huge if we get to there and I will be optimistic that it is just the beginning.

[Fatunad]

after $ 17,000 is passed, the all-time high can be reached, and now $ 17,000 has been passed,
this is a sign that the Bitcoin price has broken through the heavy resistance,
if the second resistance of $ 19,000 is also passed it is certain that there will be a mega pump on another day,
of course there will be a correction first.

As for the next target of $18,500, it has been breach and now becoming the support and not the resistance. So $20k this December is possible because of the bullish sentiments of traders and many people doesn't want to miss the train again so they still invested at the current price even though it is too high for some traders. I wouldn't be surprised if we touch $20k at the end of the year, it's gonna be huge if we get to there and I will be optimistic that it is just the beginning.

Hype and Fomo would be there but i dont really much prefer if the entire market or people would see this like way yet we know that after the price being fomo'ed then
the next move or thing to happen is correction which we can say that it is a normal but hope that it wont really be that bad just like what happened in previous years.

We are now on 18500+ and its a good thing that we are holding up at the moment.We do wait for another rally for the price to reach up its previous ATH.

We arent really that too far off but i doubt that once we do reach that level then sell-off would be there.

[LogitechMouse]

Since we are all predicting, I will predict too.

The price of Bitcoin is at $18,000-$19,000 already and it is near to the $19,000 price. This might be the resistance before making a correction or possible not. We might see a bit of a consolidation at $19,000 as traders might take some profits on that price. After all, we will see Bitcoin reached a new ATH soon so why predicting . Lets just wait for it to happen

[TravelMug]

I said previously that we need to wait and see how the $18,500 will do. And since then, it was holding for this week. It's weekends so we need to understand that traders also take this weeks off, so I'm not expecting any movement as well. But we are good sticking to $18,500 for the meantime.

And then tomorrow, or depending on your timezone, we might attempt another run to $19k-$19,500 and this is going to be huge and will make a big noise in the internet if we hit it. And then FOMO again pushing the price to a new all time high this 2020. That's how I see will transpire before the end of the year.

[maydna]

After a long deep time bitcoin is back on its booming price and it hits it’s previous all price records. Bitcoin is now $17000+. Last 2 months we notice that bitcoin is stable in $14k -$15k price and today It’s break all records and hit $17000+. Now what do you think what will be its next move when it will go. Can bitcoin reach $20000 before January 2021 or it will be deep again?

What is your opinion?  What your experience says?

It could happen, but we have more than one month to see if that can happen or the price will still be lower than $20k. But for the long term, the price will break on that price, and the bitcoin price will be more than $20k. But I believe that many speculations say that bitcoin price will increase so high, and that will be more than $30k, and even some people say that bitcoin will be increased to $100k. That is a fantastic price that we can dream of, but we don't know when the price will touch that highest price once again.

[SquallLeonhart]

Well, the next move will be to 19k and we are going towards 20k very respectfully as well. I believe the hype is not over yet and even though we look like we are stagnating few days and moving the other and stagnating for few days and moving another in a circle while going up, I feel like this will not stop. Every time the price stops and waits few days and moves higher, people all say the increase is over during the stagnate period and all say it is going to be 100k+ when it is going higher.

There needs to be a middle ground where going up 1k+ during the increases should be expected as the thing that will happen. What I believe will happen would be around 19.5k or so levels next time we increase, not breaking the ATH just yet but going very close to it and the increase after that will break it, all happening next week I hope.

[Yaunfitda]

Since we are all predicting, I will predict too.

The price of Bitcoin is at $18,000-$19,000 already and it is near to the $19,000 price. This might be the resistance before making a correction or possible not. We might see a bit of a consolidation at $19,000 as traders might take some profits on that price. After all, we will see Bitcoin reached a new ATH soon so why predicting . Lets just wait for it to happen

Waiting for the price to see crossing for the 20k as it would be the first time in history where if that happens soon so officially that will be the ATH price after almost 3 years. Will that happen before new year or will it be in 2021 or in future years is still doubtful because it should not happen it fall badly after reaching those prices like 2017.

Most likely it will be hit before the end of the year. FOMO can't be stop at this point, the price went from down $18500-$18000, but then bounce back again to $18500 is just matter of hours. I will admit that I was a bit in a nervous when I see the price going to $18000 without any significant news, but then again, we are in the bull run and the greed index is in the range of 90% so I'm expecting a rebound and it did.

Wait till the Asian market opens again in the next hour or two, the price will pick up again, and most likely goes to $18800 or even $19000. If that happens, then we will cross $20k this 2020 because of FOMO and positive sentiments on the market (more companies joining the bandwagon).

[crzy]

The next thing will be great with Bitcoin and it will continue to go up as expected by many and its finally good to be back on this level with a higher chance of creating a new all time high this year which makes me more excited about bitcoin. Hopefully, we can end this year at the price of $20k above, this can be a great gift to all of us this year but of course there’s still a possibility that it will go down again, let’s just stay cautious.

[coolcoinz]

17k was never an important level. You could see on the charts that it was nothing but a point where a dead cat bounce ended in 2018. Levels like that don't create strong resistances and we've stormed it without any problems. I think that we'll have to retest 20k soon, probably before the end of the year. If it plays out like it did in the last bull market, we'll break 20k and retrace below it for a while.

[Yamifoud]

Maybe I was wrong thinking that we can't touch at $20k this year but seeing on the current price and market trend, it was close enough to possibility. I can't simply imagine how it grows like that after being stuck in the $16k range.
We are surpassing $18,500, $1,500 more to catch, and finally at its ATH again. People are surely excited to see it back but then, we should also prepare for the possible dumps if whales tried to play the market again just like they did before. Thus, those who come investing by now must have to think of the higher risk and must be in strong faith otherwise, they'll also be the cause of dumps as panic selling will start.

[maydna]

Maybe I was wrong thinking that we can't touch at $20k this year but seeing on the current price and market trend, it was close enough to possibility. I can't simply imagine how it grows like that after being stuck in the $16k range.
We are surpassing $18,500, $1,500 more to catch, and finally at its ATH again. People are surely excited to see it back but then, we should also prepare for the possible dumps if whales tried to play the market again just like they did before. Thus, those who come investing by now must have to think of the higher risk and must be in strong faith otherwise, they'll also be the cause of dumps as panic selling will start.

No, you are not wrong. We will see the bitcoin price touch $20k, no matter if that will happen in this year or next year, because the chance for the bitcoin price to increase is wide open. But we need to be patient for a while until the price can start another rally, and if that happens, the price will break $19k, and finally, the price will break $20k.

The price we dreamed of from a long time ago is almost coming to us, but it will not happen quickly. We are already surpassing $18,400 before, and I believe that the price will break by $18,500, and it will make a new ATH when the price can surpassing $20k.

Yes, we need to be careful of the dumps that can happen anytime, but that will be our opportunity to buy more bitcoin at a low price.