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Author Topic: Will Bitcoin reach 20k $ in 2021?  (Read 971 times)
error08
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December 08, 2020, 11:50:43 PM
 #61

It may even reach 20k this year before the year ends. I honestly feel like there is a big chance where we could totally see bitcoin not only reach 20k but also reach above 30k in 2021 as well. Obviously there is no guarantee in this, we may see bitcoin go down to under 10k with the same chance as well, which means there is a good chance that either of those things could happen but I really doubt that we are going down for now.

Bitcoin is on a great roll right now and price is very valuable, I really hope that it will continue throughout the 2021 year and we end up with a great price later on. What we need in order to see 30k+ price in 2021 is to manage the hype somehow and make sure people do not go into panic mode and start selling all the crypto they have.

We believe so, bitcoin never stay so long within this price range of $18k-$19k which is so high in the whole history of bitcoin and it can go up or down 50/50 % at the end of the day. However, it seems that buyers and sellers are in consolidation, and the market clearly doesn’t have more power to push higher, so it going sideways for more than a week, finally bitcoin price corrected to $18,1 today. Some predict that bitcoin needs a retracement before taking off to break the $20k.
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December 10, 2020, 05:47:59 AM
 #62

yeah surely it will reach 20k, by this end of the year, central banks are going to digital currency in this way #bitcoin will reach high. Blockchain technology brings the trust, Bitcoin the peoples money, Bitcoin for people. the price analysis shows its strength to reach its ATH. i can share here one of the price analysis platforms, they can can predicts BTC price Exactly. BTC price Prediction 2021.
No prediction is 100% accurate. Only way to prove me wrong is for it to go up and break 20k honestly. Nobody ever know what the price doing, until now vest performing asset what's makes me think positive. It is free market driven. Therefore anything is possible.

Considering the rise it has happen in past few months of bitcoin and also where big players are now looking to hedge their dollars against the bitcoin so this is going to boost the demand for bitcoin and we may continue to see the rise. 2021 to me is looking better and yes cannot surely say when it will cross 20k but considering overall outlook should be in early 2021.

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December 10, 2020, 07:10:17 AM
 #63

yeah surely it will reach 20k, by this end of the year, central banks are going to digital currency in this way #bitcoin will reach high. Blockchain technology brings the trust, Bitcoin the peoples money, Bitcoin for people. the price analysis shows its strength to reach its ATH. i can share here one of the price analysis platforms, they can can predicts BTC price Exactly. BTC price Prediction 2021.
No prediction is 100% accurate. Only way to prove me wrong is for it to go up and break 20k honestly. Nobody ever know what the price doing, until now vest performing asset what's makes me think positive. It is free market driven. Therefore anything is possible.

Considering the rise it has happen in past few months of bitcoin and also where big players are now looking to hedge their dollars against the bitcoin so this is going to boost the demand for bitcoin and we may continue to see the rise. 2021 to me is looking better and yes cannot surely say when it will cross 20k but considering overall outlook should be in early 2021.
We will see it later, but now, we need to focus on making more bitcoin before the bitcoin price increase. The next year will be a good time for bitcoin to rise again, and even in the next year, bitcoin is not increasing fast, bitcoin still has more time to grow. I agree that 2021 seems to be a better situation for crypto to rise and get more popular, and I am sure that reaching $20k is just a matter of time and that will happen soon. But we should be patient and trying to increase the bitcoin amount that we have, so when the price can pass $20k, we will make a big profit.



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December 10, 2020, 07:20:29 AM
 #64

Hi,

According to different references, I do not think that in 2021 it will reach 20k.

The above is met based on the recognized site: coinmarketcap

The trend is down....

https://coinmarketcap.com/currencies/bitcoin/

Regards,
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December 10, 2020, 11:23:24 AM
 #65

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.
While this is what some try to Believe though i know this is reverse meaning for others don't get frustrated if 2020 fails to Make that 20,000 Breaking yet We are holding to what we are seeing and that is Bitcoin is still confident this year and we have 3 weeks to go and that is a long time since bitcoin took that almost 5 thousand dollars run in just 2 weeks.
So what more now that Investors from outside is waiting for timing  and will make a drop any moment.
Never help the fall keep the Holding and set you Mind in how much value you will need to Sell either growing or when falling.

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December 10, 2020, 04:34:49 PM
 #66

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.

Everybody thought that Bitcoin is going to set to another all time high but unfortunately it did not we could be celebrating when the all time high was hit unfortunately we will have to delay our cerebration maybe next year, that is the definite time that we are going to have another all tiem high and another celebration.
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December 11, 2020, 11:57:18 AM
 #67

In effect its hit 20k, dont go for numbers being absolutely dead on.    Just ask generally if the move filled the idea overall and when you consider the variation across the world its not worth waiting for the last 500 dollars and probably thats why it never got to 20k as its bringing too much consensus as a conclusion to the bull run.    Markets can be ironic and move just enough to put you off while being fairly similar overall, draw conclusions with a crayon.


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December 11, 2020, 04:11:35 PM
 #68

It may even reach 20k this year before the year ends. I honestly feel like there is a big chance where we could totally see bitcoin not only reach 20k but also reach above 30k in 2021 as well. Obviously there is no guarantee in this, we may see bitcoin go down to under 10k with the same chance as well, which means there is a good chance that either of those things could happen but I really doubt that we are going down for now.

Bitcoin is on a great roll right now and price is very valuable, I really hope that it will continue throughout the 2021 year and we end up with a great price later on. What we need in order to see 30k+ price in 2021 is to manage the hype somehow and make sure people do not go into panic mode and start selling all the crypto they have.
We will have to wait and see, the growth of bitcoin is now facing major resistance and it has been losing ground during the last days, while this does not worry me at the same time we are seeing the determination of the bears to not allow the price to keep growing anymore and if they can exhaust the bulls then a drop to the 15k level could be possible during the next weeks taking away any possibility we may have had of seeing the 20k level during this year.
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December 11, 2020, 04:58:22 PM
Last edit: June 12, 2023, 02:09:44 AM by STT
 #69

Price is in decline at the moment, I think its likely to consolidate for the moment.   We are descending below the 2 day average and finding it as resistance, I think 16500 might hold over the weekend.



So much depends on if we close outside the trend on a weekly basis on Sunday.    I thought a week it could develop this week but it was not for certain but I think heading into end of year its quite possible we get a pullback and it returns at least for a moment to 16k area which is the area for the meeting of 3 bars of action here so very likely has a good volume of buyers and sellers to it.

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December 11, 2020, 06:49:36 PM
 #70

By the looks of it there are times when it looks like it could do that, and there are times it looks like it will drop a lot and there is really nothing in between right now for us at all, I really do not believe that we are going to know whats going to happen beforehand, it is crazy right now.

I look at it and see it going above 19k and trying to break the record, and I see it go down under 18k and even try to go down under 17k as well and that looks like it is crashing, like how the hell am I suppose to know which one is more serious? Some people say just because it went down a bit, it will continue to go down and be under 10k and I believe them, then it goes to 19k and people say it will be 25k or 30k and I believe them too, our job predicting the price is very tough.
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December 12, 2020, 09:19:32 AM
 #71

There is a good chance that it could reach it on 2021 and maybe it could even sustain it at that price.
Right now BTC has been sustained around $17-18K maybe next year it could be sustained at $19-20K or even higher.

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December 12, 2020, 10:05:07 AM
 #72

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.
Bitcoin is rising again today, we don't need to wait until 2021, there is still time to see BTC reach 20k this year. After the price drop of a few thousand dollars, it will go higher again, i still believe in Christmas.
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December 13, 2020, 07:53:16 PM
 #73

I am very sure that in 2021 the price of bitcoin will be able to pass the record price of 2017 as the highest price so far, although recently bitcoin has experienced a correction in the market so that bitcoin is trading at $ 19,200 today but we see that throughout 2020 the price of bitcoin continues to increase which is quite significant
and even an increase of almost 170% from the previous price of only $ 7,100, the bullish trend that occurred in bitcoin is certainly influenced by the nature of bitcoin as a safe haven asset so this has triggered people to secure their assets / money in the form of bitcoin at the time of the current corona pandemic. and resulting in higher demand that occurs in the market because basically the price of bitcoin is very much influenced by the supply and demand activities that occur in market.

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December 13, 2020, 10:54:07 PM
 #74

No, not next year 2021, but could be possible in the next 4 years when the next halving commences again.
It is often to see that after the bullish season, bearish moments will shop up and that we are going to expect next year. I hope I was wrong but that was the common issue before where huge market corrections take place.
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December 13, 2020, 11:42:50 PM
 #75

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.

Part of me says it will and some part of me says that 2021 is more likely, we are all wishing that 2020 is the year that Bitcoin will set a new all time high record, because we already have a milestone in this pandemic, and it's good if we have a new record so we'll have two milestone and just let 2021 takes care of it's business.
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December 14, 2020, 08:03:26 AM
 #76

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.

Part of me says it will and some part of me says that 2021 is more likely, we are all wishing that 2020 is the year that Bitcoin will set a new all time high record, because we already have a milestone in this pandemic, and it's good if we have a new record so we'll have two milestone and just let 2021 takes care of it's business.
Yet other exchange bitcoin site their price for bitcoin is already $20k and this is insane. i think people are dumping some of their bitcoin because they are in needs to support them selves christmas is around the corner and since the pandemic hit us really hard some of companies and businesses are closing and other people are still in hodling waiting for the right time to sell but i think bitcoin will be stable at the price range of $18-19k depends on the supply and demand which is more likely people are more becoming interesting to invest their money in bitcoin.
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December 14, 2020, 08:41:55 AM
 #77

Do not assume bitcoin price goes to a direction just because it did a bit of it. For example do not get hyped about 20k+ just because it went to 19.5k levels, we have seen examples of that because price went under 18k and we saw that it is not really a guarantee to break over 20k when you reach 19.5k right?

Well, same goes for when price drops, just because it dropped to under 18k doesn't mean it will stay there, it moved to over 18.5k as well.

So, all you can see right now is the fact that one movement of price doesn't mean that it will make a big deal out of it, just because there are some small movements doesn't mean that is the momentum of bitcoin neither. So all in all just be calm, and wait for a big move because these small moves doesn't mean anything at all.

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December 14, 2020, 09:07:25 AM
 #78

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.

Everybody thought that Bitcoin is going to set to another all time high but unfortunately it did not we could be celebrating when the all time high was hit unfortunately we will have to delay our cerebration maybe next year, that is the definite time that we are going to have another all tiem high and another celebration.
That's Expectation against reality, While many is looking for ATH others are just cool and firm in their holding because they believe in Bitcoin and not in a easy growth that mostly whale manipulators are the starter.
Look at the movement this year,mid of November the Bull starts but just within the Month if falls and now staying neutral in lower amount.
People need to wait patiently and not looking for fast profit because the effect of this is panicking and selling more than holding.









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December 14, 2020, 10:43:31 AM
 #79

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.

Everybody thought that Bitcoin is going to set to another all time high but unfortunately it did not we could be celebrating when the all time high was hit unfortunately we will have to delay our cerebration maybe next year, that is the definite time that we are going to have another all tiem high and another celebration.
That's Expectation against reality, While many is looking for ATH others are just cool and firm in their holding because they believe in Bitcoin and not in a easy growth that mostly whale manipulators are the starter.
Look at the movement this year,mid of November the Bull starts but just within the Month if falls and now staying neutral in lower amount.
People need to wait patiently and not looking for fast profit because the effect of this is panicking and selling more than holding.

They are looking for an ATH so they'll be able to dump their bitcoin.

We holders of bitcoin has different target, no one hold forever, but for those who are targeting like $100k or more, they'll be happy to see a new ATH also as that is the start of a higher price and that makes them more excited on holding.

ATH will definitely come, but we don't know when, so keep holding because we believe that bitcoin will increase as adoption increases.

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December 15, 2020, 03:00:51 PM
 #80

2021 is just a few days away, and now the price of Bitcoin is still under $ 20k,
even had time to try to $ 20k but was stuck at $ 19700, then corrected to $ 17k,
it looks like Bitcoin is having trouble for rising.

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