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Author Topic: Will Bitcoin reach 20k $ in 2021?  (Read 971 times)
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November 28, 2020, 08:41:11 PM
 #21

Well, I am still positive that the new ATH will be reached anytime soon, -- it could be within this year around the middle of December. The dump is a small correction but I think it will only be for a short period that it will pump again because of new investors coming in. Don't be subjected to [FOMO or FUD] and started panic selling for it will really be odd for us to hit the new ATH just be calm, relax and keep your investments and holdings for a little longer and we will all gain the fruit of our efforts really soon for patience is a virtue and most likely rewarding.









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November 28, 2020, 10:39:40 PM
 #22

The current price is above $17k if this will continue it possible to reach an all time high probably next year. All is possible in the market because of the volatility. When their is a correction it will bounce so we have to be patient as I'm optimistic that in any time it could reach an all time high again.
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November 29, 2020, 09:15:24 AM
 #23

The bottom line: anything can happen to changes in crypto prices, especially Bitcoin, as well as the coming year 2021 onwards, no one can predict with 100% accuracy.
In the world of crypto, only rely on analysis, charts, and predictions, all of which are necessary, perhaps, Bitcoin in the next year could reach 20 thousand or it could be 20 million, and vice versa lower.
About the price can be higher and it could be lower, just look at the market developments at the end of this year leading to positive and negative, two options determine the direction of the movement of bitcoin in the future.

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November 29, 2020, 09:27:55 AM
 #24

After hitting 19.5k $, Bitcoin suddenly dumped below 17k instead of targeting for 20k $. Do you think guys will Bitcoin reach 20k $ in 2021? Or will it stay below 17k $ like as always?
Share your own thoughts and let us know friends.

the price is rising and after the resistance that broke at 17900 $ broke it did not find a very strong resistance until $19500, as it failed to break the resistance that was at $19500 the price fell as far as it could find a strong support and then I followed the accumulation phase and a gradual price increase. This means that many people are confident that the price will reach $ 20,000 this year and I can tell you that it will increase by much more than $20,000.

all eyes are on the $19,500, if manage to break the $19,500, then more than $20,000 will be easy to reach

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November 29, 2020, 09:51:34 AM
 #25

I am optimistic, mate, with the current existence of bitcoin. Bitcoin is always suddenly surprising. Yesterday suddenly bitcoin dropped to $17K.
Suddenly today bitcoin is up again at $18,116. very volatile bitcoin. So we also could never have guessed if bitcoin would reach $20K.
This could happen. It could even happen in December 2020. or it could happen in 2021 the first month. Everything is possible.
But at the time we don’t know, when is it? Let’s just wait, mate. The market is currently in favor of.

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November 29, 2020, 10:01:04 AM
 #26

Exactly because people are focusing too much on "$20k" we are not going to surpass it that easily. It is 2017 all over again with $1200. I expected the price to get close then come down like this and I expect more volatility from $19k to $21k for a couple of months (meaning we can go to $21k and then come back to $19k) then go up in $20k+ range and never come back down again by which time the bigger rallies will start (again similar to 2017).

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November 29, 2020, 11:01:11 AM
 #27

Exactly because people are focusing too much on "$20k" we are not going to surpass it that easily. It is 2017 all over again with $1200. I expected the price to get close then come down like this and I expect more volatility from $19k to $21k for a couple of months (meaning we can go to $21k and then come back to $19k) then go up in $20k+ range and never come back down again by which time the bigger rallies will start (again similar to 2017).
Bitcoin will definitely repeatedly go up and down over and over again, just like what happened in the year 2017 due to its volatility. But I still think that bitcoin's price will reach its $20,000 price again next year 2021 because it already hits the $19,000 mark, then it suddenly goes down below $17,000, and now it started to go back up again. It is why it is riskier if you try to buy bitcoin when bitcoin's price is in the range of $17,500+ because the bitcoin's price is not stable that there is a chance that bitcoin will continuously go down.

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November 29, 2020, 11:17:59 AM
 #28

Exactly because people are focusing too much on "$20k" we are not going to surpass it that easily.

There is a saying that once you get burned, you become quite cautious even when there is no need for it. In this particular case, some people believe that we are in an identical situation from the end of 2017, and that after $20k there will be a big correction that will repeat what happened during 2018. This is a completely illogical and very unlikely scenario that has minimal chances, not only because behind this bull run are big players, but also because we are only a few months after the halving that has not yet shown its true effects.

The vast majority of those who invest in BTC make no secret of wanting to profit when the price reaches $50 000 or more, but also many do not believe that this can happen in the near future. If it was possible to have a growth of even x20 in one year, why is it a problem to have a growth of x5 in the next 2 years?

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November 29, 2020, 11:43:33 AM
 #29

I'm hoping it will and I'm hoping all the coins and all the tokens that I'm holding will have their all time high, this is the most positive news that we are going to received, imagine we will have another all time high just as the world is in the middle of pandemic and so many economics are suffering because of the pandemic, it's a big achievement for all of us.

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November 30, 2020, 02:06:33 PM
 #30

There is a strong chance that 20k + will be hit before this year is over, it's become a very sentimental target for quite a while now, and behavioral finance would suggest usually such focus points need to be tested at least once or twice...

Another end of year rally can push BTC above 20k USD very easily...

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November 30, 2020, 02:21:38 PM
 #31

There is a strong chance that 20k + will be hit before this year is over, it's become a very sentimental target for quite a while now, and behavioral finance would suggest usually such focus points need to be tested at least once or twice...

Another end of year rally can push BTC above 20k USD very easily...
only $900 anymore to hit all time high and its look easy to achieve this year. crypto community will be very happy and its be best momentum for market and crypto investor for totally comeback again. future is coming to us after several years we've been struggle to face all fud that come from anywhere even from our government.
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November 30, 2020, 02:21:54 PM
 #32

After hitting 19.5k $, Bitcoin suddenly dumped below 17k instead of targeting for 20k $. Do you think guys will Bitcoin reach 20k $ in 2021? Or will it stay below 17k $ like as always?
Share your own thoughts and let us know friends.
in my opinion yes,
bitcoin will hit a price of $ 20K by the end of 2021
even more, just a matter of time. positive thingking

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November 30, 2020, 03:16:17 PM
 #33

We are in 2020 and it looks like bitcoin will hit $20,000 anytime soon.

I'm looking at btc movement now, I already consider this as a new ATH because it's so close that we don't want to blink to see how bitcoin rise to $20,000.
still at over $19k now but very close to reality of having a new ATH.

This tells nothing is impossible with bitcoin, it could make a new ATH anytime it want.

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November 30, 2020, 03:20:16 PM
 #34

Exactly because people are focusing too much on "$20k" we are not going to surpass it that easily. It is 2017 all over again with $1200. I expected the price to get close then come down like this and I expect more volatility from $19k to $21k for a couple of months
I did not expect the price to rally this fast but it is hard to foresee how the market will react, even though we had a correction and the market went down the price has rallied back and now the price has already touched the all time high valuation as the current valuation is $19738 and increasing and we might touch the magical $20k for the first time in the next few hours if it keeps on increasing like this.
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November 30, 2020, 03:33:57 PM
 #35

After hitting 19.5k $, Bitcoin suddenly dumped below 17k instead of targeting for 20k $. Do you think guys will Bitcoin reach 20k $ in 2021? Or will it stay below 17k $ like as always?
Share your own thoughts and let us know friends.

I stopped predicting on my own, it's really hard just when you thought things are looking great in the market, suddenly we see a big drop, there's always a halt in the momentum, although I do not rule out the possibility that this year will end with another all time high, that ill be the market's achievement if we can have another all time high this year.

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November 30, 2020, 05:57:36 PM
 #36

After hitting 19.5k $, Bitcoin suddenly dumped below 17k instead of targeting for 20k $. Do you think guys will Bitcoin reach 20k $ in 2021? Or will it stay below 17k $ like as always?
Share your own thoughts and let us know friends.
in my opinion yes,
bitcoin will hit a price of $ 20K by the end of 2021
even more, just a matter of time. positive thingking
When viewed from the current performance of bitcoin, there is a large possibility that a significant increase in bitcoin prices has the potential to occur in 2021, if it is based on a recurring four-year cycle, namely the reduction in bitcoin rewards, so that the price is higher, but we need to remember that the price of bitcoin is determined by the principle supply and demand among miners, sellers and buyers alike. Now the number of bitcoins has greatly decreased after the previous halving day and of course this will have an impact on the overall supply of bitcoin, so that bitcoin will potentially become more expensive, because it allows demand to exceed the supply in the market

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November 30, 2020, 06:08:50 PM
 #37

Maybe if you look at the current situation the price of $ 20K could happen this year, but that's not the goal of bitcoin. because the highest value that bitcoin will give will be next year and I don't see this year. I am sure with the bitcoin situation like this, bitcoin will probably go down again and up again, that's what happened in recent months. bitcoin has become a short-term investment.

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November 30, 2020, 06:36:27 PM
 #38

Maybe if you look at the current situation the price of $ 20K could happen this year, but that's not the goal of bitcoin. because the highest value that bitcoin will give will be next year and I don't see this year. I am sure with the bitcoin situation like this, bitcoin will probably go down again and up again, that's what happened in recent months. bitcoin has become a short-term investment.
The price is almost touching $20K between now and tomorrow the price will reach that price market however that does not mean the price will stay above $20K before the end of this year. Christmas is fast approaching there is a possibility of  a temporary pullback due to some hodlers selling some of their BTC to Fiat for buying of gifts and stuffs during the yelutide period however come 2021 BTC will resume it upsurge and bullish runs.

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November 30, 2020, 09:26:46 PM
 #39

Maybe if you look at the current situation the price of $ 20K could happen this year, but that's not the goal of bitcoin. because the highest value that bitcoin will give will be next year and I don't see this year. I am sure with the bitcoin situation like this, bitcoin will probably go down again and up again, that's what happened in recent months. bitcoin has become a short-term investment.
The price is almost touching $20K between now and tomorrow the price will reach that price market however that does not mean the price will stay above $20K before the end of this year. Christmas is fast approaching there is a possibility of  a temporary pullback due to some hodlers selling some of their BTC to Fiat for buying of gifts and stuffs during the yelutide period however come 2021 BTC will resume it upsurge and bullish runs.

People selling for gifts makes zero difference.

Selling so it's included in this years tax - now that might make a big difference.

Edit: $20k this week......if not today.
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November 30, 2020, 10:08:02 PM
 #40

Maybe if you look at the current situation the price of $ 20K could happen this year, but that's not the goal of bitcoin. because the highest value that bitcoin will give will be next year and I don't see this year. I am sure with the bitcoin situation like this, bitcoin will probably go down again and up again, that's what happened in recent months. bitcoin has become a short-term investment.
The price is almost touching $20K between now and tomorrow the price will reach that price market however that does not mean the price will stay above $20K before the end of this year. Christmas is fast approaching there is a possibility of  a temporary pullback due to some hodlers selling some of their BTC to Fiat for buying of gifts and stuffs during the yelutide period however come 2021 BTC will resume it upsurge and bullish runs.

People selling for gifts makes zero difference.

Selling so it's included in this years tax - now that might make a big difference.

Edit: $20k this week......if not today.
Yeah, a small pump will make the price touch $20000. This time the growth happens for sure. The price correction have taken place very quick this time. Everyone are with the hope of $20k, but the price drop made people think of bitcoin reaching the same by the year end or by 2021. More incoming of investments will make $20k easier. The last quarter of the year have brought in more investments into the network which is the major reason for the price pumping.

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