Bitcoin breaks above $19,000

[ReLieD]

Bitcoin breaks above $19,000 and approaches record highs as cryptocurrency frenzy continues

I dont exactly know how long have you been researching or reading about bitcoin. But i guess you might probably know that this is not the first time when BTC has had such an increment
ref:- https://www.investopedia.com/articles/forex/121815/bitcoins-price-history.asp#:~:text=Bitcoin%20Price%20History,-Bitcoin%20has%20had&text=Launched%20in%202009%2C%20the%20price,%247%2C000%20as%20of%20April%202020.
Well i have a rough memory but i feel it had crossed 20k.. Anyway so the previous time, it literally dropped really bad just because a banker (I guess JP Morgan) said something bad about bitcoin and people panicked and sold their bitcoin, which led to a massive fall in the price. So its much easier for bankers and investors to control or manipulate the value favoring them.

[CODE200]

the signal has been given that the Bitcoin price is really bullish,
articles regarding the Bitcoin price going to $ 50k, or $ 316k in 2021 have also been published,
this indicates the Bitcoin price is ready to surpass the All time high!.

The market is indeed bullish but articles regarding price speculation does not determine its market value. There is a tendency to record new ATH knowing how close its price is already, and few 'steps' more could yield to another history. The best thing to do now is to wait for things to happen and wait for the right time to make an actions. Many investors are already hesitant at this point and that is because of uncertainties in this market in general such that price dump could again take place just like before.

[jrrsparkles]

$20,000 is something need to lookout for because it is considered as psychological barrier/border even if we hit that value we still has the chances of weak hand triggers the panic sell button.Good to see the prices are unstoppable for a while hope it will continues.

[$crypto$]

For those who invested in bitcoin when it was it its low price, today is the perfect time to harvest it and it will be a huge amount of profits for sure. But for those who wish to gain more profits in the next days or months, holding your bitcoin is the key but the risks becomes higher too. Hopefully the price will settle higher than the ATH we had last 2017 and this will make our christmas and new year very prosperous for sure.

ATH is now going to be a higher level than before, it's too soon bitcoin has redeemed $ 19k and experts say that at the end of the year it will be even bigger which we hope is that if we harvest now it is already more profitable to buy lower, but I have confidence this will continue to $ 20k, but remember we have to watch out for the upcoming bears. We don't know this can reverse direction but my belief is that it will continue to jump high in the direction of the FOMO that is happening.

[Ridwan Fauzi]

Bitcoin breaks above $19,000 and approaches record highs as cryptocurrency frenzy continues

A massive increase will always be accompanied a massive decrease. As we can see now, previously we were hard to buy bitcoin at the lower price because its price just increase and increase, at least in one day we never found a correction.

But now, when some people/trader sell their asset its pricr just dumped $3000 in one day, I can't believe it. Indeed, a day ago we all see that bitcoin price successsfuly passed $19.500 we just need $500 to see its previous all time high was passed but now we are far to reach its all time high. We should encourage some whales out there to buy bitcoin again because the bull run is not over.

[blckhawk]

Bitcoin breaks above $19,000 and approaches record highs as cryptocurrency frenzy continues

Well, currently Bitcoin goes back at the $17k USD mark again, and even most of the altcoins as well, I am not trying to make a FUD or anything but is it the end of the bull run and now it's time for a correction? What do you think guys? Anyway, we're very too close to set a new ATH but now it falls again, I hope this is just manipulation of whales, not a correction because I want to see Bitcoin make a new ATH this time. I believe that it was not yet over.

[Fredomago]

Bitcoin breaks above $19,000 and approaches record highs as cryptocurrency frenzy continues

Well, currently Bitcoin goes back at the $17k USD mark again, and even most of the altcoins as well, I am not trying to make a FUD or anything but is it the end of the bull run and now it's time for a correction? What do you think guys? Anyway, we're very too close to set a new ATH but now it falls again, I hope this is just manipulation of whales, not a correction because I want to see Bitcoin make a new ATH this time. I believe that it was not yet over.

Almost all inside CMC are bleeding, Thanksgiving or Weekend trend? or Correction as it is? not sure what's the reason of this sudden downfall but for sure once fuds shows up and those weak holders follows the market trends the value will suffer more. Decide with how you understand the market situation.

Very risky for those who bought with high price, this fall will shake weak hands and influenced the market. keep in mind that whales are also playing there's a big chance that they just want to collect more bag holds before they'll start to pump back.

[Dave1]

Bitcoin breaks above $19,000 and approaches record highs as cryptocurrency frenzy continues

Well, currently Bitcoin goes back at the $17k USD mark again, and even most of the altcoins as well, I am not trying to make a FUD or anything but is it the end of the bull run and now it's time for a correction? What do you think guys? Anyway, we're very too close to set a new ATH but now it falls again, I hope this is just manipulation of whales, not a correction because I want to see Bitcoin make a new ATH this time. I believe that it was not yet over.

Just remember though that there is no such thing as parabolic rise, not just in crypto but even in stock market as well. So today correction happened, it's inevitable, but it doesn't mean that it is the end of the bullish sentiment.

Another bump in the market and then after that we might see the price goes up again to $19k after this correction. This is just a retracement, a short term change in price, nothing to worry about.

[jrrsparkles]

$20,000 is something need to lookout for because it is considered as psychological barrier/border even if we hit that value we still has the chances of weak hand triggers the panic sell button.Good to see the prices are unstoppable for a while hope it will continues.

As I predicted the prices are actually started to dump before hitting 20K, its really a hard dump the prices are now in $16K and expected more fall for sure so we can conclude that this is the end of current bullish trend?

[fortunecrypto]

Bitcoin breaks above $19,000 and approaches record highs as cryptocurrency frenzy continues

Then it falls 11% after a few days after two or three days, people call it a correction, and I think it is as the market is moving up again, I thought that it will continue to move until it hit a new all-time high, I participated in Coinmarketcap contest and put my 3 bets in the month of December,
this correction saves my bet, hopefully, next month will see a big pump, and if there's a correction it's not as big as the one we had recently.

[ethereumhunter]

$20,000 is something need to lookout for because it is considered as psychological barrier/border even if we hit that value we still has the chances of weak hand triggers the panic sell button.Good to see the prices are unstoppable for a while hope it will continues.

As I predicted the prices are actually started to dump before hitting 20K, its really a hard dump the prices are now in $16K and expected more fall for sure so we can conclude that this is the end of current bullish trend?

Yup, it is not the end of the bullish trend because we will soon see another bullish trend. After this, we can expect to see the price will increase and be at the last high price before the price still increases. The chance for the price to stay at $16k will be possible, but we hope that the price will not go down too deep.

[pooya87]

As I predicted the prices are actually started to dump before hitting 20K, its really a hard dump the prices are now in $16K and expected more fall for sure so we can conclude that this is the end of current bullish trend?

There is a difference between a correction and a trend reversal.
A correction is when after a big rise, there is a pause where price comes down a little as day traders take their profit and then resumes rising back up again after their accumulation at the bottom of the dip was ended.
A trend reversal on the other hand is a slower process where price keeps going in the opposite direction over a much longer period of time since it would be an opposite "trend" not just a short term movement.

what we have here is simply a correction and corrections in bitcoin are usually accompanied by panic sells hence the $16.2k bottom instead of a more reasonable one like $18k.

[Findingnemo]

^
Prices are trying to break $18K range but failed a while ago so hopefully the panic sell didn't worked well.The prices on local exchanges are higher than the actual market so it is a good sign that people are still willing to buy bitcoin even after they see dump a day ago.

Or its simply a bullish trap from whale?

[Jating]

^
Prices are trying to break $18K range but failed a while ago so hopefully the panic sell didn't worked well.The prices on local exchanges are higher than the actual market so it is a good sign that people are still willing to buy bitcoin even after they see dump a day ago.

But its good to see that we have support at $17k, been fluctuating but but nowhere near the $12k-$14k range that some crypto analyst are seeing.

Maybe there are still a lot of panic selling that is going to occur, but we have to look at the long term perspective, those who sell today are going to regret when the price bounce next month or even get to a new ATH.

Or its simply a bullish trap from whale?

Possible, but we will have to see, what will be the next move of these whales. If we are going to see them transferring more bitcoin to exchanges, it means that there are still gonna sell. But if not then obviously, the bleeding could stop anytime soon.

[SektorPiii]

I am sure that by the new year, the price of BTC will exceed the historical maximum and will be more than $ 20,000. if you look carefully at the chart and study it from the point of view of technical analysis, it is quite possible to predict this.

[Yaunfitda]

I am sure that by the new year, the price of BTC will exceed the historical maximum and will be more than $ 20,000. if you look carefully at the chart and study it from the point of view of technical analysis, it is quite possible to predict this.

Of course technical analysis can somewhat point to a new all time high, but we can't really predict the market accurately, as we all know it is based on pure speculation so any news can affect the price. But everyone is looking at the end of the year that we could potentially see the price going to $20k. So it is possible as we have slowly retake the $18k level in the last 24 hours. And then this week, if everything has subside, no panic from investors, then we might attempt to get back to $19k.

[pixie85]

I am sure that by the new year, the price of BTC will exceed the historical maximum and will be more than $ 20,000. if you look carefully at the chart and study it from the point of view of technical analysis, it is quite possible to predict this.

Ta is very bad at predicting time of moves.

It's already difficult to say if price will go up or down in a volatile market influenced by news, FUD, FOMO, politics and more like BTC is.
Accurately predicting when the move will happen is almost impossible.


I also think that we'll break above 20 thousand but it could take 6 months.

[Boov]

I am sure that by the new year, the price of BTC will exceed the historical maximum and will be more than $ 20,000. if you look carefully at the chart and study it from the point of view of technical analysis, it is quite possible to predict this.

Ta is very bad at predicting time of moves.

It's already difficult to say if price will go up or down in a volatile market influenced by news, FUD, FOMO, politics and more like BTC is.
Accurately predicting when the move will happen is almost impossible.


I also think that we'll break above 20 thousand but it could take 6 months.

Hopefully this predictions will commence once demand outstandingly obtain the strong momentum, because right now most traders were active in every price changes. However, it needs our outmost patience if we're holding a good amount of btc. This is a good preparation for another spikes coming.