Vishnu.Reang
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December 01, 2020, 05:15:37 AM |
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The resistance at $20k is holding the price strongly however with all the positive fundamental news surrounding bitcoin in the last couple of the days will be the catalyst that will break that resistance hopefully today, the price had been touching that zone presently of course a breakout is very imminent meanwhile events leading to this present upsurge in the price of bitcoin is obvious different from that of ATH in 2017 thus from all indications the price of bitcoin come 2021 will definitely more than the lat ATH.
The breakout may eventually occur, but it is going to take some time. I would even say that there is a good chance that the 20K level won't be breached this month. One thing that surprises me is that we are yet to witness any large scale profit booking. When the prices increase from 10K to 20K in a span of 3-4 weeks, it is only natural to expect a lot of profit booking. But it seems like the investors are holding on, expecting higher profits.
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Anonylz
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December 01, 2020, 05:24:34 AM |
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~
The breakout may eventually occur, but it is going to take some time. I would even say that there is a good chance that the 20K level won't be breached this month. One thing that surprises me is that we are yet to witness any large scale profit booking. When the prices increase from 10K to 20K in a span of 3-4 weeks, it is only natural to expect a lot of profit booking. But it seems like the investors are holding on, expecting higher profits. Perhaps profit takers will swing into action as festivities approaches, I was also expecting a large sell off with price increase but so far everything is in play, most likely btc will play around 18k - 19k in this month and by January we will see the breakout, market can be trickish, we might be surprise it will do the opposite but overall btc has performed fantastic in 2020 imo.
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Chris Barth
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December 01, 2020, 06:10:33 AM |
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Bitcoin is reaching a new ATH before the new year or during the new year. Tho I was losing hope when it reduced to 16k but, as far as it came back up, a new ATH is nothing big to achieve.
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Get a wallet and move some BTCs, here's mine: [12GZz7hegu8VCkJYHSuP3WTXg7LGXgL1vT]
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Reatim
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December 01, 2020, 06:16:36 AM |
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In CoinMarketCap its lower that 100$ as it only spike up to $19,749 though not that Bad because this is the second attempt Of bitcoin to break the Old ATH yet seems like Failing again because were back to $19,400 Level again. maybe in the next try we will make it though because we are in the start of December and if this a History repeating then December is the Last resort or else 2021 will be the time. Bitcoin is reaching a new ATH before the new year or during the new year. Tho I was losing hope when it reduced to 16k but, as far as it came back up, a new ATH is nothing big to achieve.
That is week ago and Bitcoin did not stay long in 16k because just yesterday we comes back to $19k position now.
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chichidori
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December 01, 2020, 06:26:00 AM |
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~
The breakout may eventually occur, but it is going to take some time. I would even say that there is a good chance that the 20K level won't be breached this month. One thing that surprises me is that we are yet to witness any large scale profit booking. When the prices increase from 10K to 20K in a span of 3-4 weeks, it is only natural to expect a lot of profit booking. But it seems like the investors are holding on, expecting higher profits. Perhaps profit takers will swing into action as festivities approaches, I was also expecting a large sell off with price increase but so far everything is in play, most likely btc will play around 18k - 19k in this month and by January we will see the breakout, market can be trickish, we might be surprise it will do the opposite but overall btc has performed fantastic in 2020 imo. Not just the profit takers but those who bought at under 17K even if its plays around that price they are still in profit, if bitcoin breaks out next year will see another alt season where most sleeping token will get a value.
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Vishnu.Reang
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December 01, 2020, 06:33:09 AM |
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Not just the profit takers but those who bought at under 17K even if its plays around that price they are still in profit, if bitcoin breaks out next year will see another alt season where most sleeping token will get a value.
I don't think so. The "sleeping" tokens are not having any value right now because they are completely useless. The promoters are no longer interested in the development and those who invested in these tokens are stuck with them. Back in 2017, the ICO craze was at its peak and it helped some of the shitcoins to get in to the bull mode. But that is not going to repeat in 2021.
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Cryptoreflector_666
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December 01, 2020, 06:40:55 AM |
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Not just the profit takers but those who bought at under 17K even if its plays around that price they are still in profit, if bitcoin breaks out next year will see another alt season where most sleeping token will get a value.
I don't think so. The "sleeping" tokens are not having any value right now because they are completely useless. The promoters are no longer interested in the development and those who invested in these tokens are stuck with them. Back in 2017, the ICO craze was at its peak and it helped some of the shitcoins to get in to the bull mode. But that is not going to repeat in 2021. I agree. While bitcoin will gain strength, other currencies can only wait until it begins to weaken and investors begin to pour their assets from bitcoin to Alt. I think we should expect the Altos to grow closer to spring, not earlier. In any case, selling for a penny what you have now is definitely not worth it. Cryptocurrencies are an area where the rise can happen sharply and very strongly.
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fishbonez11
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December 01, 2020, 06:48:59 AM |
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Not just the profit takers but those who bought at under 17K even if its plays around that price they are still in profit, if bitcoin breaks out next year will see another alt season where most sleeping token will get a value.
I don't think so. The "sleeping" tokens are not having any value right now because they are completely useless. The promoters are no longer interested in the development and those who invested in these tokens are stuck with them. Back in 2017, the ICO craze was at its peak and it helped some of the shitcoins to get in to the bull mode. But that is not going to repeat in 2021. Unless the development team will make a move, the coin won't make any progress. There is no such thing that will pump without any reason. Bitcoin increase in price because of mass adaptation and continuous development. We are seeing a great progress for bitcoin since there is a great support from people and different institutions. Bitcoin's ATH is good milestone for the community, but still expect the correction after a big pump in price.
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Sparrow96
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December 01, 2020, 08:35:04 AM |
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Bitcoin Monthly close is too close. Just a few hours away to close this month. If Bitcoin keeps bullishness we may break the new ATH and create another new ATH. We can also break the 20000$ level. I am too excited. I am also excited to see the dump also. Because many investors will try to book profit.
Quite honestly that is what worries me the most, what will happen now that we have finally reached the goal that took us three years to reach? Will the price of bitcoin keep going up as people get excited about the fact that bitcoin finally surpassed its ATH or this is going to be the beginning of the end for this trend and people will begin to sell their coins thinking a crash is coming and this will create a massive decrease in the price similar to what we saw in 2017. I know some Bitcoin Holders, who were holding Bitcoin since 2017 bull run. He entered market when Bitcoin was too pricey. Then bitcoin dumped. After the bull run again. They sold their Bitcoin at last.
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mich
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December 01, 2020, 09:05:33 AM |
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We are so close to hitting the new all time high and we have been for the past few days. Now we are only just $500 away from the new all time high but I still have a feeling we will not cross this mark just yet. There are too many sell signals at some of the exchanges where whales are looking to cash out at that new big number 20k.
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BitcoinOfficialGroup
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December 01, 2020, 09:25:05 AM |
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I think Yes Because the market is ready to write a new Story )
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bitterguy28
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December 01, 2020, 09:46:09 AM |
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Another Attempt but failed,because we are downagain to $11,469. but surely Bitcoin will never stop until we break and make another History in value. I think Yes Because the market is ready to write a new Story ) This happens last week mate yet paused until yesterday but again did not made it.
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Sparrow96
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December 01, 2020, 09:46:50 AM |
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Not just the profit takers but those who bought at under 17K even if its plays around that price they are still in profit, if bitcoin breaks out next year will see another alt season where most sleeping token will get a value.
I don't think so. The "sleeping" tokens are not having any value right now because they are completely useless. The promoters are no longer interested in the development and those who invested in these tokens are stuck with them. Back in 2017, the ICO craze was at its peak and it helped some of the shitcoins to get in to the bull mode. But that is not going to repeat in 2021. I agree with you. In 2017, the case was different. ICO created a craze in the market. Though DeFi craze is running. More people are investing their money in DeFi projects. But those who are responsible for a token/coin's bull run, I mean whales, are now smart enough. They will only invest in the projects which are promising enough. If we want to be smart too, we must avoid shit coins.
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acener
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December 01, 2020, 10:43:42 AM |
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I think we could really see a new ATH before this year ends we are near on reaching $20K and I think we might get there in just a few days or weeks. Congratulations to all of us for those who didn't lose hope and for those who are still Holding.
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Bergkampsballs (OP)
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December 01, 2020, 11:19:26 AM Last edit: December 01, 2020, 11:30:34 AM by Bergkampsballs |
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So it's hitting $19,900 at the moment, should we not all be cashing out if we're convinced it's going to crash somewhat before breaching the $20k mark? Within 2 minutes of me saying that it's dropped to $19,300
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Banulit
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December 01, 2020, 11:30:55 AM |
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Now that it reached a new all time high, I have a huge confidence that it will reached at most 30k usd before the end of this year and hoping that it will continue to pump up until next year knowing that many people, companies, millionaires and billionares are acknowledging and adopting bitcoin.
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cheezcarls
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December 01, 2020, 11:33:12 AM |
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From reaching $19,800 last time, it pulled back to $19,100 and now it’s $19,300+. I believe the uprising of Bitcoin right now is due to the launch of ETH 2.0 today, because ETH surged to $612 right now as of this time of posting. For me, I think this is very possible right now for Bitcoin to touchdown $20k for the first time. I can sense that within this month, it’ll touch $20k.
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fishbonez11
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December 01, 2020, 11:50:23 AM |
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Some major exchanges have already reached the ATH, but it suddenly goes down again in minutes. We can hope that before the year end, BTC can reach the 20000$ mark. But still expect that there is a correction that is going to happen and at anytime, the price might dip just like what happened during the bull run last 2017. Still hopeful that the price will exceed our expectations, knowing that bitcoin have come so far and many well known people and institutions have already adapted bitcoin.
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Majharul Saiif
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December 01, 2020, 12:08:56 PM |
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Bitcoin already made a correction and time to stable now. Few days back strategy says there will be a pump and already did it.
Bitcoin is traded at $19,450 right now. ATH is very close again at the end of the year. Hopefully we are getting to see another bullish run by Bitcoin in the last moment.
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ethereumhunter
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December 01, 2020, 01:23:44 PM |
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Bitcoin already made a correction and time to stable now. Few days back strategy says there will be a pump and already did it.
Bitcoin is traded at $19,450 right now. ATH is very close again at the end of the year. Hopefully we are getting to see another bullish run by Bitcoin in the last moment.
The bitcoin price is down again to the $18,800 level, and although the price is still trying to back to $19k, I think that will need some time for bitcoin to go that price. If the price can back up to $19k a few hours later, bitcoin price will have more chances to get another pump and hit the next high price. The other bull run will happen after the bitcoin price can back to $19k, and I think we will soon see $20k.
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