Bitcoin shoots past $19,000 as new ATH awaits

[cryptogod322]

I think that after Bitcoin touches the mark of its previous historical high, it will roll back to the $ 15,000 area, because it will not be able to rally for a long time without corrections. But after a pullback, it will try to rise above $ 20,000 again.

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[bryant.coleman]

I think that after Bitcoin touches the mark of its previous historical high, it will roll back to the $ 15,000 area, because it will not be able to rally for a long time without corrections. But after a pullback, it will try to rise above $ 20,000 again.

How you can be so sure? The recent spike resulted from solid basics, unlike the case we had in 2017. The current rally was triggered by the adoption of Bitcoin by PayPal, while in 2017 it was mostly due to the hype surrounding the ICOs. Also, you can see that the Bitcoin market share is remaining above the 60% level, compared to the below 40% level we had during the 2017 rally.

[CyberKuro]

The first correction has begun as the price decline to $18,640 as the lowest level today, yet we don't know how deep it will be by the end of the day. Bitcoin had the first attempt to reach $20k but failed to break the resistance at $19,5k yesterday, so this correction is expected, depending on how much it goes down, will determine when the second attempt to hit $20k, presumed by the end of this month.

[maydna]

Good to see bitcoin price can back to the high price like what we saw three years ago

I don't know if people can recover their losses or not with this bitcoin's uptrend, but I think they already sold their bitcoin at the highest price yesterday. Although bitcoin gets a downtrend, and the price is still below $19k again, the price now seems to increase again, and hopefully, the price will be back to $19k soon. Perhaps, we will see it happen at the weekend or next week, and who knows that we will see $20k before this month will end.

We already reached the new ATH price yesterday, and I am sure that bitcoin will make another ATH soon. You should be ready to sell your bitcoin next ATH so that you can make a big profit again.

[samputin]

The price will rise, but do not forget that the price of bitcoin is cyclical and soon we will see a decline.

Yes, that's correct. All of us are well aware of that fact and that is one of the characteristics of bitcoin -- volatility. And we're not forgetting that that time of decline might also come. However, we've waited long enough for this kind of spike so I think that it's justifiable to feel excited about this happening. We're all hoping for the best but of course, preparing for the worst as well.

[AniviaBtc]

this was the moment everyone was waiting for. the market is bullish and a new ATH will be reached soon.
I only have a few bitcoins, not many and will hold them until the price peaks. If bitcoin is at a stable price, this will also be an opportunity for Altcoins to do a price recovery. This is a boom that should not be missed.

I'm very amazed about how volatile bitcoin is in the market, and now, we are really experiencing its true value and benefits to us holders. I'm still looking for more increase and I don't want to become greedy when it comes to observing its price. I'm just patiently waiting here and as I checked its price right now, it is just playing in $19000+.

Maybe, it is really possible that its price suddenly surpass $20000, who knows?

[taufik123]

I'm very amazed about how volatile bitcoin is in the market, and now, we are really experiencing its true value and benefits to us holders. I'm still looking for more increase and I don't want to become greedy when it comes to observing its price. I'm just patiently waiting here and as I checked its price right now, it is just playing in $19000+.

Maybe, it is really possible that its price suddenly surpass $20000, who knows?

as a bitcoin holder, of course, moments like this are very much awaited. This is an opportunity to sell bitcoin for $ 20,000 or more and it will be soon. today bitcoin is experiencing a price correction to go up even higher and it is very reasonable. Just need to be patient and if you have spare money you can buy it at a slightly cheap price.

[Sithara007]

as a bitcoin holder, of course, moments like this are very much awaited. This is an opportunity to sell bitcoin for $ 20,000 or more and it will be soon. today bitcoin is experiencing a price correction to go up even higher and it is very reasonable. Just need to be patient and if you have spare money you can buy it at a slightly cheap price.

Two years ago, there was an opportunity to purchase Bitcoins at $3,000 -$4,000 per coin. Those who wasted that opportunity can only regret about it now. And those who made use of it may be sitting on top of 4x-5x profits right now. How many stocks would give you that sort of returns? Even gold could manage only around 50% returns during the last 24 months.

[Nellayar]

Currently, bitcoin is experiencing sudden correction as it drops into 16900 dollars. I immediately turned my bitcoin when it goes to 18K to prevent future losses. I still wait when bitcoin goes dip more. It seems like it is hard for btc to surpass its ath price as it lacks in buyers above 19400 dollar price. But I am still bullish in bitcoin, I just want some assurance regarding to capital because last bull run, I have lost almost 30% of my portfolio because of the crash.

[Debonaire217]

As what we are expecting, Bitcoin as of now is showing a declining trend after the ATH at 19k, IMO the ATH for this year has been reached and its time for the late buyers to accumulate as much as they can in orser to be prepared for the future.

Believe it or not, we might not see this Bitcoin's pricr at the moment as cryptocurrency adoption takes place everytime, more and more people are racing to acquire decent amount of BTC.

[Twinkledoe]

As what we are expecting, Bitcoin as of now is showing a declining trend after the ATH at 19k, IMO the ATH for this year has been reached and its time for the late buyers to accumulate as much as they can in orser to be prepared for the future.

Believe it or not, we might not see this Bitcoin's pricr at the moment as cryptocurrency adoption takes place everytime, more and more people are racing to acquire decent amount of BTC.

Too early to tell that it will be the ATH for this year. We are not even in December yet. Though seems there is a massive sell off, I think it will go back again.  I am very positive that btc will increase in the coming months. Popular companies like PayPal are not saying they are stopping their crypto services, so I have high hopes about the adoption that will come.

[ethereumhunter]

Currently, bitcoin is experiencing sudden correction as it drops into 16900 dollars. I immediately turned my bitcoin when it goes to 18K to prevent future losses. I still wait when bitcoin goes dip more. It seems like it is hard for btc to surpass its ath price as it lacks in buyers above 19400 dollar price. But I am still bullish in bitcoin, I just want some assurance regarding to capital because last bull run, I have lost almost 30% of my portfolio because of the crash.

We don't want to see the price drops to $16,900, but we can not do anything if the price really drops to that price. We can only buy back more bitcoin and hold it for a while until the price can increase again. I hope that the price can stay at a price now, and not drop too deep than the price now. Or the price can drop but not too deep from $16,000. Be patient, I am sure that you will recover your losses when the bitcoin price increase.

[bryant.coleman]

We don't want to see the price drops to $16,900, but we can not do anything if the price really drops to that price. We can only buy back more bitcoin and hold it for a while until the price can increase again. I hope that the price can stay at a price now, and not drop too deep than the price now. Or the price can drop but not too deep from $16,000. Be patient, I am sure that you will recover your losses when the bitcoin price increase.

All the cryptocurrencies are down. The altcoins have gone down even more than Bitcoin. Ki Young Ju of CryptoQuant says that this sort of correction was expected before Bitcoin could move to a new ATH. Anyway, the trigger for the latest crash seems to be the statement from Brian Armstrong of Coinbase. The prices crashed immediately following this tweet from him:

https://twitter.com/brian_armstrong/status/1331744884856741888

[pixie85]

We don't want to see the price drops to $16,900, but we can not do anything if the price really drops to that price. We can only buy back more bitcoin and hold it for a while until the price can increase again. I hope that the price can stay at a price now, and not drop too deep than the price now. Or the price can drop but not too deep from $16,000. Be patient, I am sure that you will recover your losses when the bitcoin price increase.

All the cryptocurrencies are down. The altcoins have gone down even more than Bitcoin. Ki Young Ju of CryptoQuant says that this sort of correction was expected before Bitcoin could move to a new ATH. Anyway, the trigger for the latest crash seems to be the statement from Brian Armstrong of Coinbase. The prices crashed immediately following this tweet from him:

https://twitter.com/brian_armstrong/status/1331744884856741888

Of course it's all normal and going according to plan.

When Bitcoin approached the 2013 all time high it also corrected. You can see that it went somewhere around 1100 USD and then corrected back to 750 and needed a few weeks to try again and reach a new high.

[Question123]

We are very closed only a few hundred dollars and we will reached  again the ATH. We can do a new record for bitcoin if we want and we still have 1 month left to hit or make more than $20,000 per bitcoin.

Bitcoin movement is rising very fast and I hope it will not dump very fast also because as we noticed they still for sure will panic selling.

Everyone are watching to the price of the bitcoin because if the bitcoin rise more the more money will to us.

[ethereumhunter]

We don't want to see the price drops to $16,900, but we can not do anything if the price really drops to that price. We can only buy back more bitcoin and hold it for a while until the price can increase again. I hope that the price can stay at a price now, and not drop too deep than the price now. Or the price can drop but not too deep from $16,000. Be patient, I am sure that you will recover your losses when the bitcoin price increase.

All the cryptocurrencies are down. The altcoins have gone down even more than Bitcoin. Ki Young Ju of CryptoQuant says that this sort of correction was expected before Bitcoin could move to a new ATH. Anyway, the trigger for the latest crash seems to be the statement from Brian Armstrong of Coinbase. The prices crashed immediately following this tweet from him:

https://twitter.com/brian_armstrong/status/1331744884856741888

I agree with that statement because after this moment, and I am sure that the crypto market will have more chances to increase and return to the high price. And bitcoin will also have opportunities to break the high price, which means we can see the $19k price will be a break soon. The prices crashed now give us more benefit because we can buy back bitcoin and altcoin that we want, so we can have the opportunity to sell at the next rallies.

[newwest]

As what we are expecting, Bitcoin as of now is showing a declining trend after the ATH at 19k, IMO the ATH for this year has been reached and its time for the late buyers to accumulate as much as they can in orser to be prepared for the future.

Believe it or not, we might not see this Bitcoin's pricr at the moment as cryptocurrency adoption takes place everytime, more and more people are racing to acquire decent amount of BTC.

Too early to tell that it will be the ATH for this year. We are not even in December yet. Though seems there is a massive sell off, I think it will go back again.  I am very positive that btc will increase in the coming months. Popular companies like PayPal are not saying they are stopping their crypto services, so I have high hopes about the adoption that will come.

Suspense will continue over this year in December as well if it will touch ATH in 2020 or will it be in 2021. As the way it rises and then falls back so quite possible that it may just not be able to pull back price if institutional investors sell and book profits for the year end.

[carlisle1]

It would seem that there’s no stopping Bitcoin right now. A few days after the world’s largest cryptocurrency breached the much-anticipated $18,000-mark, BTC has crossed yet another milestone – $19,000. The latest development on Bitcoin’s price charts came on the back of a 6% surge in a matter of 3 hours with its current trading price at $19,060.

Actually better say that the Largest Development after 3 years ,and also a proof that Bitcoin can be Moving in anyway in small span of time,In march Bitcoin drops to the lowest record since may years but this november another record listed.

At the time of writing, Bitcoin was very close to its ATH of $19,665, a price level it last noted on 16 December 2017. Further, according to Messari, BTC was recording YTD returns of +158.70 percent, at press time.

Well ATH is almost $20,000 and not $19,665 as far as i remember.

Some in the community are expecting the cryptocurrency to be due for a correction soon, however, with TokenMetrics’ Ian Belina telling AMBCrypto,

And this is the correction mate,3 days after your post this happens and Still no sign of climbing High again.

[XCANA]

I think that after Bitcoin touches the mark of its previous historical high, it will roll back to the $ 15,000 area, because it will not be able to rally for a long time without corrections. But after a pullback, it will try to rise above $ 20,000 again.

Definitely in my noble honest view. We shouldn't forget that this Bitcoin has already showed to us that, this year will be diffrent from these years back. Nobody thought about Bitcoin hitting the current price it is now, because the Bitcoin halves happened and nothing actually happen. This current market has something good that is driving it price and we should see something very close to $20k before the 2020 year vanishes.

[bryant.coleman]

In all probability, we will witness a new ATH next month. A major correction was expected before the new ATH could be achieved and we just had that phase during the last few days. But the recovery after the correction was rather remarkable. The prices rose from $16,400 to $18,400 in a matter of three days. Once again proves that there is a huge demand for coins in the market. If $20K level is breached next week, we can expect the prices to move rapidly northward after that. 20K is a major resistance level and after that we don't have such levels until we reach 25K or 30K.