Congrats to everyone for reaching $20k again.

[exstasie]

Jinx

My thoughts exactly!

This is often how it goes. You plan on buying into a crash, but then you chicken out when it actually happens out of fear. As it turns out, that was probably the bottom. Or you plan on selling into strength, but chicken out at the last minute out of greed, thinking the price can't possibly fall. But then it does.

In this case, the OP had previously opened a thread where he planned to sell near $20K. Now he's celebrating $20K before the fact and not planning to sell anything. Let's see what happens.

[carlfebz2]

Jinx

My thoughts exactly!

This is often how it goes. You plan on buying into a crash, but then you chicken out when it actually happens out of fear. As it turns out, that was probably the bottom. Or you plan on selling into strength, but chicken out at the last minute out of greed, thinking the price can't possibly fall. But then it does.

In this case, the OP had previously opened a thread where he planned to sell near $20K. Now he's celebrating $20K before the fact and not planning to sell anything. Let's see what happens.

I doubt that he had already sell off his stash when the price had only hit up 19k or who knows that he hadnt able to wait up for 20k since the price had corrected in 18k level.

If he do still hold then he had really that kind of patience yet holding even up to these years since from that 2018 price crash is really remarkable but i do agree into those points

that emotion will really be the main hindrance because we cant just tell on what would be the next movement in any minute or hours, days,weeks and this is what make the situation
even more worst.

Even if you are a hodler then you cant really avoid not to think into those probabilities.

[examplens]

why are you all happy if Bitcoin reach $20k? what exactly does that mean and what is the advantage?
moon, rocket, bum... euphoria is completely incomprehensible to me unless they all people have a serious amount holding in his wallets and if Bitcoin touches $20K, this thing will change his life and helps to solve many things.
Now is for sure not the right time to invest fresh money in crypto. Alo I can't be happy with the amount of Bitcoin which I can get for $1000 for example. I don't see reasons to celebrate (I haven't enough BTC in my hold wallet)

[LogitechMouse]

~

Too optimistic. You didn't think of the other side of it. You know already that anything can happen right?
I know that holders are happy right now because they gain some profits by just holding but did you create a plan if the opposite will happen?

I'm a Bitcoin holder too but I can't congratulate myself still because this pump will have its ending and soon the dump will happen. Not this year but possible next year .

[philipma1957]

I'm just opening the post in advance.

It's been a long time HODLing, not selling a dime.

It's been worth it.

Cheers guys!

I will say it again jinx.

edit I recant again genius op!

[STT]

I'm just opening the post in advance.

This seems like a good way to hex the price, big anticipation of a price could be magnetic and repel as well as attract us towards points.  I dont think 20k is the target, its a point along the way and as we've seen currency value loss its no longer the same point as we traded at in 2017.
   Right now BTC price action is challenged by 2 day momentum and we're reducing in the pace of our advance & weekly moving average which is fair more important is catching upto us.  18k is quite important in that measure at the present.

[yohananaomi]

~

Too optimistic. You didn't think of the other side of it. You know already that anything can happen right?
I know that holders are happy right now because they gain some profits by just holding but did you create a plan if the opposite will happen?

I'm a Bitcoin holder too but I can't congratulate myself still because this pump will have its ending and soon the dump will happen. Not this year but possible next year .

It is clear that in crypto all the possibilities that we do not believe will happen, as well as if bitcoin might decline again in recent days, but there is no need to worry about this because indeed a large increase in bitcoin is not this year, but will occur in the year front.

so be prepared if you already hold bitcoin and for those who haven't immediately changed your altcoin to bitcoin, so that you are not as a listener but also as a connoisseur of the increase.

[matchi2011]

The ATH if we are corresponding to the 2017 means the 20k mark is around 12% of the ATH this time which should be around $100k. Once it take off into $20-30k area, it will start growing and very rapidly.

This is very dangerous and anyone getting in around this time must remember that they may lose 50% or more of their investment very quickly should a dump occur due to the economies getting better because of COVID vaccine or any other reasons.

HODL forever!

There's always a risk so better to prepare yourself if you are planning to take your way into this business, anticipation should not
came from other's point of view but with your own research.

OP's advance call is a good sign of havong positive outlook, not exactly but the chance that it will happen is very possible. this pandemic
helps the industry as there are more interest that flows around  and new investors are now seeing the potentials and start placing their investment.

[slaman29]

If we take into account the annual inflation and the time elapsed since the last ATH, then investors should expect a level of 22k. This will be the breakeven point. Therefore, your congratulations are premature, the 20-22k level will be the strongest resistance level, since many old investors will exit here (they have been waiting for this for a very long time), plus some of the new investors will take profit.

We can't expect anything except anything;) Bitcoin hasn't really moved or acted according to any real market indicator. I mean, yes, stocks are up, gold is up, market sentiment is up, but that didn't exactly do much for BTC in the past 2 years.

I still firmly believe BTC is as likely to hit zero as it is 100k and beyond. And we're still closer to it than 50k even;) Of course I hope, as do we all, but if there's anything crypto teaches you, expect to be surprised;)

[btc78]

I'm just opening the post in advance.

It's been a long time HODLing, not selling a dime.

It's been worth it.

Cheers guys!

Actually Bitcoin had already reached that Level again though the value of Dollar is too low thats why the conversion did not fit to make it 20,000$ per btc but at least we have already achieve.

Now what we are seeing is the close movement to run the 20,000 value again.

Bitcoin already hit $19,243 ,that is 757 dollars to go and we will be on top again.

The question now isHow Much will be the Highest Price of Bitcoin this year upto next.

[onecall123]

-snip-

The question now isHow Much will be the Highest Price of Bitcoin this year upto next.

That will be miracle and kinda really tough to guess the right number. However, we're hopeful and anticipate remain over $20K. Bitcoin stays stuck below $19k for a long time but now time to celebration the big boy just hit USD 19K today and right now trading around $19,350 USD! Very nearing its ATH! Don't be fooled pull out your bitcoins early when Btc still on the bull run. BTC is here to stay for long term!

[so98nn]

As this run is not driven by retail investors I think there won't be as brutal of a shakeout. As long as demand from big investors remain big, the small fish that get scared will hardly dent the buying pressure.

Some corrections will be inevitable, but currently the inflow of cash is just so big that it may not be as panicky as we have seen in the past.

Thats correct. Recently seen the news about mexican richest person and others getting into crypto space. That has got to do something with this hike. Certainly it takes huge amount of investment to move the bitcoin even slightly (considering huge market cap), it has got to be heavy investment coming along the way.

I also think that, people do get attracted to such hikes, more than the panic sellers. If we divide % panic sellers and % investors (whales) then panic seller are very low in number in proportion to their tiny wallets. Lolz. They cant and never will compete the outnumbered whales.

So it's time to sit tight and enjoy the straight up roller coaster.

[CyberKuro]

~

Actually Bitcoin had already reached that Level again though the value of Dollar is too low thats why the conversion did not fit to make it 20,000$ per btc but at least we have already achieve.

Now what we are seeing is the close movement to run the 20,000 value again.

Bitcoin already hit $19,243 ,that is 757 dollars to go and we will be on top again.

The question now isHow Much will be the Highest Price of Bitcoin this year upto next.

$19,442 is the highest point so far since Bitcoin succeed to break the $19k resistance level which means we can expect bitcoin to challenge the ATH at $20k in the next few hours if there is no big retraction below $18,6k. Many people predict that bitcoin may encounter the parabolic SAR at $19,8k, at any rate, we will know soon. However, $20k isn't the limit for bitcoin this year, the potential shows it can extend to $22k-$25k.

[Noctis Connor]

I'm just opening the post in advance.

It's been a long time HODLing, not selling a dime.

It's been worth it.

Cheers guys!

It's really worth HODling how ever we need to buy more to hold and see where the price goes up or down people are scared too because sometimes they got panicked and then sell their bitcoin because they don't want to lose profit when they already invested , if you buy bitcoin when the price is really low and now we're at $19k at reaching $20k this can be your big profit that made out in 2020 , you guy's seen the news too? some of rich men or billionaire started to invest their money into bitcoin this is a good sign that bitcoin will become higher price.

[Poker Player]

Jinx

My thoughts exactly!

This is often how it goes. You plan on buying into a crash, but then you chicken out when it actually happens out of fear. As it turns out, that was probably the bottom. Or you plan on selling into strength, but chicken out at the last minute out of greed, thinking the price can't possibly fall. But then it does.

In this case, the OP had previously opened a thread where he planned to sell near $20K. Now he's celebrating $20K before the fact and not planning to sell anything. Let's see what happens.

NO.

Read again.

I will say it again jinx.

LOL.

[philipma1957]

Jinx

My thoughts exactly!

This is often how it goes. You plan on buying into a crash, but then you chicken out when it actually happens out of fear. As it turns out, that was probably the bottom. Or you plan on selling into strength, but chicken out at the last minute out of greed, thinking the price can't possibly fall. But then it does.

In this case, the OP had previously opened a thread where he planned to sell near $20K. Now he's celebrating $20K before the fact and not planning to sell anything. Let's see what happens.

NO.

Read again.

I will say it again jinx.

LOL.

Good. I am glad you laughed. As I thought it was funny, but we are not quite over 20k. So once again:

Jinx !!

edit
And I now eat some crow.

op is a genius and has time travel solved.!!

[exstasie]

In this case, the OP had previously opened a thread where he planned to sell near $20K. Now he's celebrating $20K before the fact and not planning to sell anything. Let's see what happens.

NO.

Read again.

I read it again:

"Congrats to everyone for reaching $20k again."

"Not selling a dime."

Still getting the same impression. Just calling it like I see it.

Anyway, no need to take offense. It was just a comment on sentiment. I often like to take note of my own sentiment during strong trends. I find that when I'm feeling greedy and scared to sell deep into a rally, a harsh correction is usually close.

[philipma1957]

In this case, the OP had previously opened a thread where he planned to sell near $20K. Now he's celebrating $20K before the fact and not planning to sell anything. Let's see what happens.

NO.

Read again.

I read it again:

"Congrats to everyone for reaching $20k again."

"Not selling a dime."

Still getting the same impression. Just calling it like I see it.

Anyway, no need to take offense. It was just a comment on sentiment. I often like to take note of my own sentiment during strong trends. I find that when I'm feeling greedy and scared to sell deep into a rally, a harsh correction is usually close.

I would say this thread marks a long correction to under 15k and we don't ever hit the 20k.

The vibe created in assuming 20k was destiny is okay but to print it on the internet was terrible terrible karma  very disappointed to see it. To make things worse it is now feeding into a second chicken counting thread.

This thread link is to an older thread started on Nov 5th


https://bitcointalk.org/index.php?topic=5286880.0

Our only hope is for the threads to be locked and tossed into archive section.

Well it was a nice run.

 Now that it is over when do you all decide to sell at 16k or let it drop more to 14k.


Shame shame on all you chicken counters.

[Sled]

like a dream if the price of Bitcoin today is able to reach $ 20k,
I am sure after this there will be FOMO coming, we have to get ready to welcome it,
and remember not to get hit by the rekt.

I'd love to see it reaching beyond $20k, could we say $25k as some speculation says but that FOMOing is hard to stop if investors are started to sell their Bitcoin. Well, I can't think that weak hands will able to change their mindset and look for the good of the market, not only by themselves.

Anyway, we can't really picture out what will be the next step as we closely reaching to $20k. But I was hoping that people will still be calm and never get into FOMO.

[philipma1957]

like a dream if the price of Bitcoin today is able to reach $ 20k,
I am sure after this there will be FOMO coming, we have to get ready to welcome it,
and remember not to get hit by the rekt.

I'd love to see it reaching beyond $20k, could we say $25k as some speculation says but that FOMOing is hard to stop if investors are started to sell their Bitcoin. Well, I can't think that weak hands will able to change their mindset and look for the good of the market, not only by themselves.

Anyway, we can't really picture out what will be the next step as we closely reaching to $20k. But I was hoping that people will still be calm and never get into FOMO.

20 k is a shit number.

25-30k. from miners viewpoint = July 2019

75- 78k from miners viewpoint = dec 2017


when we were at 9.5k before the 1/2 ing  we were equal to the numbers we are seeing today.

Not that btc revolves around mining, but mining still has an impact on btc prices supply etc.

So to think 20 k is meaning full it simply isn't.

the 25-30k. and the 78k have more real meaning than 20k does.