3rd times the charm 20K ok I was wrong, 6ths time the charm

[jubalix]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

edit 16.12.2020
annnnnnd we are through.....20500 as I watch now

ok, i was wrong 5 dumps from 20k.

I hope they were 100:1 leveraged bears.

edit 2.01.2021
annnnnnd there went the 30k pretty quick

[cryptomaniac_xxx]

Nah, we are still far from $20k, currently at $19,300 per CMC. I'm not sure though if this is the 3rd time that we are trying to break to $20k though, but the last time, big resistance again and obviously, it was followed by a retracement to sub $19k. We will go there eventually, just need more patience mate.

[Boov]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

Let's think for an optimal value at $25k and I foresee that $30k was for a long term expected price. There's no assurance that it would become an easy process when hitting that phase. If there's a quicker bounce then, sudden drop or fall might occur too fast which probably can cause panic if not being neutralized.

[btc_angela]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

Let's think for an optimal value at $25k and I foresee that $30k was for a long term expected price. There's no assurance that it would become an easy process when hitting that phase. If there's a quicker bounce then, sudden drop or fall might occur too fast which probably can cause panic if not being neutralized.

I think it is too early to see $25k or even $30k, the OP is speculating that maybe $20k is to breach, after all it will be the third time that we are attempting it again. But so far, at $19,300 it seems that we are going to be stuck again, so we maybe going into another zone of resistance and could see another downward trend in the next 4 hours, (I might be wrong though).

[Akiko]

Nah, we are still far from $20k, currently at $19,300 per CMC. I'm not sure though if this is the 3rd time that we are trying to break to $20k though, but the last time, big resistance again and obviously, it was followed by a retracement to sub $19k. We will go there eventually, just need more patience mate.

Yes this is the third  time we are near to 20k$. Whales need to break the orders in 19500 before we can go to 20k$ it's possible to get in that price now as long as they break the 19500 but if not then we can see another pull back upto 18500. If Bitcoin break new ATH then I expect another correction in price.

[Mahdirakib]

Bitcoin price is floating much now. Recently the price reached near to 20k usd twice, last time it was too close. But it couldn't touch the mark and suddenly the price dropped. Now we are again on the way to 20k, though still not close enough. Can't say anything surely but I hope bitcoin will surely reach there soon, if it fail again this time. And it will go more up after crossing this mark.

[dragonvslinux]

If we can close a 4hr candle back in the local resistance area of $19.4-$20K, I'd say it's pretty likely we'll break through $20K, even if it remains uncertain at present.



Some people believe in double and triple tops. No me, I find that the more price tests support or resistance, the more likely it is that it will break...

Strong volume support now moved upto $18.6K after a higher low was achieved, everything else is screaming bullish on this time-frame  

[CODE200]

Bitcoin price is floating much now. Recently the price reached near to 20k usd twice, last time it was too close. But it couldn't touch the mark and suddenly the price dropped. Now we are again on the way to 20k, though still not close enough. Can't say anything surely but I hope bitcoin will surely reach there soon, if it fail again this time. And it will go more up after crossing this mark.

phrase "can't say anything surely" speaks for the market in general. It is just hard to determine how will the market behave because things are way unpredictable. The market price could either continue increasing or a dump in its price could suddenly occur. The price is now indeed getting close to its ATH and possibilities are becoming higher to do so this time. Maybe those people who sold their holdings upon the market price downfall recently, are probably regretting doing so, that is why a deep market analysis should be first done before making an action.

[exstasie]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

Volume has gotten very low the last several days. A big move is definitely about to happen.

I'm torn, maybe leaning 60-40 in favor of a bullish resolution. Can't rule out a brutal shakeout from here though, especially since everyone seems so bullish. That Fear & Greed index is looming.

[LogitechMouse]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

There is a famous quote that analysts are saying.
The more it touches the resistance, the higher chance that it will break through it.

I might be wrong but 3 times isn't enough for the $20,000 price to be broken. As long as the sellers are getting liquidated near the $20,000, more and more buyers will come and it will cause its price to stop. It will just be a matter of when it will happen. Possible too that Christmas will be the day that it will break its previous ATH and will touch the $20,000.

[ethereumhunter]

I know that the bitcoin price seems hard to break by $20k because every time the bitcoin price touches $19k, it will be back to the lower price, so it will need more time to stay at $19k. I am sure that bitcoin will hit $20k in the future, and maybe it will happen in the next year, so waiting will be the best thing that we can do besides trying to buy and sell bitcoin to make more profit.

[concept2]

 How awesome have we performed lately? I cant believe that we reach $20k so fast. I remember bitcoin was only more than $3000 in march and now we are heading toward $30k

In my opinion, we will not reach $30000 fast. There will be a lot of obstacles ahead blocking us from reaching our target.

[Bitcoins101]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

Volume has gotten very low the last several days. A big move is definitely about to happen.

I'm torn, maybe leaning 60-40 in favor of a bullish resolution. Can't rule out a brutal shakeout from here though, especially since everyone seems so bullish. That Fear & Greed index is looming.

I've always seen low volume to indicate that the move is without conviction, which in this case is our move up to a 3 year high. People like to also point out the Google Trends date showing searches for Bitcoin are only 15% of what they were at the peak in 2017. Some people will spin these in a positive way (e.g. more room to run), but I just think that indicates we are in a speculative asset bubble and that all these speculative stocks and cryptocurrencies will eventually have to fall.

[palle11]

In my opinion, we will not reach $30000 fast. There will be a lot of obstacles ahead blocking us from reaching our target.

No expectation of 20,000 this year from 4,000 in the beginning and it got this high to ATH again. So we can still see continue price bull . No obstacle as covid-19 for next year and that can help free movement of the price.

[usekevin]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

Every person who had invested will have this opinion. Because they need fund in wallet doesn't include from ir. When the price of bitcoin had crossed with high price auch as 20k$.When the price had increased about 20k$, I won't sell my valuable bitcoin.Selling ay high price doesn't mean, you get profit.

[passwordnow]

Those pullbacks that happened could pull the trigger to $20k. And reaching $30k quickly, I'm imagining what just happened from $10k-$19k. Those moments were quick so it's also possible to happen again. As usual, we don't know what's next and only wanting to see positive movement even with corrections. Whilst CNBC gives a lot of exposure for bitcoin, that makes me worry.

[Oilacris]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

Hard to tell because when we do gets close on breaking that 20k barrier then the price do bumped back and correct itself.So im not really that anticipating that this time around it will really be
breaking that wall that majority had been waiting for it to be penetrated.

One things for sure that we would really able to see new heights but ofcourse it would really be on that definite time yet we cant know if this scenario would keep repeating for a while or
for months and that is somewhat really a stressful and annoying situation. 

The thing ive been doing now is that everytime the price tending to reach out high and then corrects then thats the time i do make some purchase and then
sell later on when it do recovers.Rinse and repeat....

[LUCKMCFLY]

Well, I think that when it reaches $ 20k it will be something fast, but it would be excellent if it stayed a good time between $ 20k $ 25k to achieve a good liquidity pool and when the bears come to try to lower the price it will not be so easy. After that, $ 30k will be a good goal to reach.

[Fortify]

I think anyone who is interested in keeping Bitcoin for a long time and seeing the eventual rise up to 30k+ should be happy that it stays low for longer. It sounds disingenuous, but as with most people who are preaching to "buy the dip", I love to see the value of Bitcoin drop and would rather it makes a steady rise up above 20k levels than jump up too quickly.

[daarul50]

Well, I think that when it reaches $ 20k it will be something fast, but it would be excellent if it stayed a good time between $ 20k $ 25k to achieve a good liquidity pool and when the bears come to try to lower the price it will not be so easy. After that, $ 30k will be a good goal to reach.

We'll see this time wont be rejected.
But i still doubt we will make it this year , people still think it is too early , that is why the 20k attempt always fail in the last couple weeks and probablu will still doing so in the next few weeks.
Not until the altcoin season ended which it is only a beginning for now.
Late january to mid april is my estimation the price coild be decided whether to restart bullish or back get dump hard. I still believe there is a chance to have a massive dump.

[STT]

Its within the channel still so the probability says yes till proven otherwise.   This is how I draw it anyway and it seems to be a good regular parallel channel with upper and lower bands to the pace of growth for over a month now seems like.   Its faltered at times but mostly I've been impressed by how reliable its been and quite tradable on those boundaries.



We're extended past 50 and 200 day averages which adds some risk but so far theres no reason it shouldnt challenge and pass 20k, probably next week to confirm that I think.

[RealMalatesta]

We are going to keep trying until we break over it for sure. Remember the 10k price point? We have tried that many many times, even went over it as well but in the end we have dropped and went above and dropped and went above without much success for a very very long time. It took only one time for us to actually have a huge hype and after that not only we broke over 10k, we are near 20k right now which is double.

So, what I truly believe is that we are at near 20k right now and it might be hard for us to go over it for a while, but I also believe that we are going to end up seeing a huge increase eventually will make 20k look like not a big deal at all, being 20k will be easy, it is how much higher could it get that is difficult.

[shoreno]

We are going to keep trying until we break over it for sure. Remember the 10k price point? We have tried that many many times, even went over it as well but in the end we have dropped and went above and dropped and went above without much success for a very very long time. It took only one time for us to actually have a huge hype and after that not only we broke over 10k, we are near 20k right now which is double.

So, what I truly believe is that we are at near 20k right now and it might be hard for us to go over it for a while, but I also believe that we are going to end up seeing a huge increase eventually will make 20k look like not a big deal at all, being 20k will be easy, it is how much higher could it get that is difficult.

its the btc but who makes the price of btc , its still the people so yeah we should try and try until we succeed to reach that goal . the goal is not that far and only takes a little patience in holdling and also a little more of buying in the side and im sure that we can get it .

i remember that 10k your saying mate but who wouldnt be ? because that 10k was verry annoying  but we can use that as an inspiration that price can go back and forth and once it breaks itl burst 

[shield132]

Nah, we are still far from $20k, currently at $19,300 per CMC. I'm not sure though if this is the 3rd time that we are trying to break to $20k though, but the last time, big resistance again and obviously, it was followed by a retracement to sub $19k. We will go there eventually, just need more patience mate.

Why do you think that we are far from $20K? It's 19K right now and you know what? People remember very well that we reached 20K high and it was back in 2017. Historically, expectation of people is that bitcoin's price should rise and it should be higher than it was previously. Also, you may already know that people have high expectation on halving and it was the reason that pushed bitcoin to become as high as 20K (from $600). Right now, the same situation happens. The rate of bitcoin's price rise is similar of previous year and if we moved from 600 USD to 20 000 USD (33x rise), then why do you think that people will have lower expectation right now? So we aren't far from 20K, we haven't been so near before.

[dragonvslinux]

4th times the charm maybe? As long as price keeps making higher lows then the resistance will break eventually... even if $19.5-$20K looks like strong resistance.



There's 50 & 100 MA bullish cross over support around $18.4K, that could be the quick wick to a higher low before finally breaking through the resistance area.

Otherwise, if resistance hold up, we'll be looking at $17K levels and wondering whether we'll correct further or consolidate sideways I guess.

[arwin100]

Nah, we are still far from $20k, currently at $19,300 per CMC. I'm not sure though if this is the 3rd time that we are trying to break to $20k though, but the last time, big resistance again and obviously, it was followed by a retracement to sub $19k. We will go there eventually, just need more patience mate.

Why do you think that we are far from $20K? It's 19K right now and you know what? People remember very well that we reached 20K high and it was back in 2017. Historically, expectation of people is that bitcoin's price should rise and it should be higher than it was previously. Also, you may already know that people have high expectation on halving and it was the reason that pushed bitcoin to become as high as 20K (from $600). Right now, the same situation happens. The rate of bitcoin's price rise is similar of previous year and if we moved from 600 USD to 20 000 USD (33x rise), then why do you think that people will have lower expectation right now? So we aren't far from 20K, we haven't been so near before.

Maybe he doubt that bitcoin can reached that and I can't blame him since we have so many fall experienced and maybe that is the reason why he think that we cannot achieve that price this year.

But it has really a big possibilities that $20k will be reachable these year since we are near to spot that and as you said many expect that to happen and this expectation brings the hype since it could lead to more buy orders which can help the growth of the price.

[exstasie]

Volume has gotten very low the last several days. A big move is definitely about to happen.

I'm torn, maybe leaning 60-40 in favor of a bullish resolution. Can't rule out a brutal shakeout from here though, especially since everyone seems so bullish. That Fear & Greed index is looming.

I've always seen low volume to indicate that the move is without conviction, which in this case is our move up to a 3 year high.

True, some people would consider rising on low volume to be bear flag behavior.

Or maybe it's just "the calm before the storm." Volume might come in after the ATH is broken, confirming the strength of the trend. I don't think we have enough information to say yet.

[smyslov]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

I have this feeling that we can reach the $20 k mark before the end of the year, there's a lot of positive news coming out we just need one big pump to reach that level, remember we have one big pump that was 10% just last month so I think that it's possible and can be done this month before the month and the year ends.

[gentlemand]

Could be a while yet. The most important thing is that it went for it. I really wasn't expecting that so soon. Every time it shies away from it just means when it does do it it'll happen with some serious conviction.

It could be tomorrow. It could be well into next year. Either works fine for me. We're in a great position.

[TravelMug]

Unfortunately, it was a failed attempt as the price goes down $18'ish again (but we are in the weekends anyways). But still a good attempt though, not enough threshold to push it as the lack of volume shows that traders are just having a so-so trading activity.

@smyslov - could be if the trend continues that every December, second or third week, we see the price going up, that is, if it still holds true this year as the price is really taking off from the lower lows in March up to this point.

[traderethereum]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

I have this feeling that we can reach the $20 k mark before the end of the year, there's a lot of positive news coming out we just need one big pump to reach that level, remember we have one big pump that was 10% just last month so I think that it's possible and can be done this month before the month and the year ends.

If bitcoin can get more support from people, it could lift the price to break $19k, but I guess it will not be easy to see the price increase again.
The price can be back to $19k, but I am not sure if the price can reach the $20k this month or before the end of the year because that needs more demand at the market.
We can hope that the price can back to $19k and still increase more.
But to reach $30k, that will need more time, and maybe that will be reached in the next month, which is after the new year.
If $30k can be reached in the next month, that will be gifted to us, and we can celebrate it as the next new ATH.

[pilosopotasyo]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

And I thought we are going to go $20000 after it hit $19,609.52 on the first days of December but now it's struggling to even go to the $19500 level it looks like we really need a big push coming from the whales or institutional investors, and why not they are going to help pushing it to another all time high if they want to.

[Baofeng]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

And I thought we are going to go $20000 after it hit $19,609.52 on the first days of December but now it's struggling to even go to the $19500 level it looks like we really need a big push coming from the whales or institutional investors, and why not they are going to help pushing it to another all time high if they want to.

It's struggling because it's obvious that people have sold off due to the price peaking at around $20k. So for now, this is really a big wall. But at least though, the price is not breaking down and still maintain the $19k price, just by trading sideways in the last week. But we shouldn't worry or something, extreme greed is still very high in the 90's, meaning FOMO is still here and the bears are not winning.  And there could be some news that will come later, that will get this price to $20k or more.

[lepbagong]

I might not see it that bitcoin will break through $ 20K and continue moving past $ 30K, for this year. but if it is predicted for next year I am very confident and will probably exceed the predicted $ 30k that will happen.
but we are waiting for the time because the end of this year is still quite long and there may be changes. will there be any surprises at the end of this year? we wait patiently for two great celebrations to take place. because I am also sure that the end of the year bitcoin will actually go down.

[Fredomago]

I might not see it that bitcoin will break through $ 20K and continue moving past $ 30K, for this year. but if it is predicted for next year I am very confident and will probably exceed the predicted $ 30k that will happen.
but we are waiting for the time because the end of this year is still quite long and there may be changes. will there be any surprises at the end of this year? we wait patiently for two great celebrations to take place. because I am also sure that the end of the year bitcoin will actually go down.

Nobody knows if bitcoin will keep moving upwards or it will rest for a while, some might sell after reaching their targets influencing the current value to fall. Nonetheless, it can continue to move as predicted and many more new investors and businesses to keep coming and buyin to start their own investment.

For now, It's really enjoyable to see that the market still surviving and keeps holding between $18K to $19K best enough for early holders
to see that their investment are going bigger.

[BrewMaster]

i never understand why some people get over excited about bitcoin price changes every damn time. not just rises but falls too. price drops 10% they start expecting 50% more drops. price rises 10% they expect 50% more rise. and they all expect it right away too.

we are in a bull market but the rise is not going to happen this fast to something like $30k. not when there is a resistance and a more natural growth at the start of the rally which is now. $20k can easily take a month to be broken and then a slow rise over a couple of months to reach $30k. all of which is more reasonable and healthy.

[Reid]

Let's not forget its also the sell point of those who want at least ROI from 2017.
Then there are those who just want profit riding the dump that will come and buy back at a lower price.

This will be another unpredictable end of the year.
Will panic win and most whales will sell?
Or will it be FOMOs that will take BTC to a new ATH?

[exstasie]

Could be a while yet. The most important thing is that it went for it. I really wasn't expecting that so soon. Every time it shies away from it just means when it does do it it'll happen with some serious conviction.

It could be tomorrow. It could be well into next year. Either works fine for me. We're in a great position.

Similar feelings here. Really not sure if the breakout is coming soon or if a big shakeout is still around the corner first.

I'm big on contrarian trading, and my read on sentiment is that people are very, very bullish and greedy right now. That certainly makes me cautious. Shorts closed massively in the last 1-1.5 weeks, down 65% on Bitfinex since November 25th: https://bitcoinwisdom.io/grids/btcusd_longs_shorts

Now instead of providing fuel for a rally via short squeezing, bears are scared to short. The Fear & Greed index is also at 95, indicating "extreme greed."

I think bears, skeptics, and longer term bulls alike were blindsided by how fast this push to $20K happened. The combination of scared bears and confident bulls makes me feel like a brutal shakeout is still very possible from here, in which case the push above $20K would be postponed until Q1 next year.

[eaLiTy]

I think bears, skeptics, and longer term bulls alike were blindsided by how fast this push to $20K happened. The combination of scared bears and confident bulls makes me feel like a brutal shakeout is still very possible from here, in which case the push above $20K would be postponed until Q1 next year.

If that is the real scenario then it would be cool as many were planning to invest but the pandemic forced to change the plans and if there is a major shakeout then everyone who missed out earlier would be able to invest. I am also expecting a good correction before we see the price reaching new levels but whenever there is a correction there are huge investment coming in and hence not sure how the market will perform by the end of this year.

[Jating]

I think bears, skeptics, and longer term bulls alike were blindsided by how fast this push to $20K happened. The combination of scared bears and confident bulls makes me feel like a brutal shakeout is still very possible from here, in which case the push above $20K would be postponed until Q1 next year.

If that is the real scenario then it would be cool as many were planning to invest but the pandemic forced to change the plans and if there is a major shakeout then everyone who missed out earlier would be able to invest. I am also expecting a good correction before we see the price reaching new levels but whenever there is a correction there are huge investment coming in and hence not sure how the market will perform by the end of this year.

Yes, the push to $20k was very fast and very early, I remember a poll, the majority thinks that the price will be somewhat around $16k at the end of the year. So this is an expected growth in the last month or so pushing it to $20k. So we were caught unprepared on this unprecedented run that's why the selling pressure is huge and seen it goes down to $16k. But it didn't stop their though, the run continues again.

But as I have said, selling pressure, the somewhat stabilised in the $19k region. So a $20k++ will likely to be breach again Q1.

[AliMan]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

For me bitcoin will first stabilized only at $20k and more fluctuating value could be experienced until the end of December. We don't know yet what will happen next during the start of 2021, it could be good or either bad opportunity. That $30k predictions was just a glitch of ever price bounce quickly to that level.

[STT]

Seems like 20k is more then probable, weekly bars view to end this weeks closing bar and it looks on course from what I can see.


Monday is when it hits the waves, Japan opens and weekend prices meet leveraged money from Yen and many other convential markets that may or may not take an interest but so far it seems not much disturbs the regular gain we've been seeing for a while.    If we falter, it regains the trend within like 2 days and sellers look wrong.   

[matchi2011]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

For me bitcoin will first stabilized only at $20k and more fluctuating value could be experienced until the end of December. We don't know yet what will happen next during the start of 2021, it could be good or either bad opportunity. That $30k predictions was just a glitch of ever price bounce quickly to that level.

Very possible though. Knowing how things are moving from here, fluctuations are very active. But considering all those positive news
about this market, with lots of new investors.

It's not hard for Bitcoin to touched or surpassed $30K in the next following years, it's a matter of trust and how you really anticipate
the next bitcoin run.

[crwth]

It has touched my support line twice in my charts, and it could be a sign for another go for ATH. 



My current resistances are at $19589 and $19816. Once this breaks, it will surely be ATH, hopefully.

[maydna]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

We need a big pump similar to what happened before we enter the month of December for the price to reach $20000 and I have a feeling that we are going to have it before the end of the year, it's been a roller coaster ride for us this year and we want to end this year with a big bang and what could be a better bang than ending it with recording another all time high.

That is right. But we need to calm down to wait for that big pump which we don't know when will happens. Many people really waiting for that big moment because they want to fully recover their loss and of course, they want to make a big profit. This month, we have more chances to see bitcoin price will surge to the high price and hopefully, that can break $20k before the end of this year. But if that still not happen this month, perhaps, we need to have more patient because, in the future, bitcoin price will make a new ATH.

[mirakal]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

It failed again, I'm afraid people will start to liquidate and bitcoin will start to drop soon.
We've seen many times bitcoin have tried and failed, so I guess the confidence of investors are slowly getting lost, and we might not see an ATH this year.

[philipma1957]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

It failed again, I'm afraid people will start to liquidate and bitcoin will start to drop soon.
We've seen many times bitcoin have tried and failed, so I guess the confidence of investors are slowly getting lost, and we might not see an ATH this year.

Nope sideways is what will continue.  You are looking at BTC like a trader or investor.

For mining 17k to 20k is just about the right price.

Mining in July of 2019 price was 13k+ and what happened we tanked. Why is that simply put profits for mining were too high.

Here in Dec 2020 to make the same profits as July 2019 a miner needs 25-30k

if we go to that number fast ie this Dec 2020 once again we would be at a price level that is a bit too good for mining profits.

Now that is drawing an analogy now to July 2019

If you want to think we are going to Match  Dec 2017  profits for a miner we need to be at 78k which was not sustainable and we dumped all of 2018.

So thinking 20k has any significance other then it is a round number is foolish.

Personally this year we had 60 flat days back in sept-oct. like 11.9k to 11.8

so we can do 19.1 to 19.0 for sixty days  then drop and take off.

Or you could be right and foolish traders panic and sell off.

We will know soon enough.

[Zicadis]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

It failed again, I'm afraid people will start to liquidate and bitcoin will start to drop soon.

Then bad luck for them. It often happens that when you think you're done with something, that that's exactly when things start moving.

We've seen many times bitcoin have tried and failed, so I guess the confidence of investors are slowly getting lost, and we might not see an ATH this year.

We have seen many times before but not like this. This time BTC is hanging strongly and despite the resistance at above 19.5K it still manages to stabilise around 19K. It had done so for nearly a whole month - that's a sign that will either break and enter ATH or that its 'normal' level is 18-19K and there abouts.

[daarul50]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

It failed again, I'm afraid people will start to liquidate and bitcoin will start to drop soon.
We've seen many times bitcoin have tried and failed, so I guess the confidence of investors are slowly getting lost, and we might not see an ATH this year.

Even with a charm of millions dollar future contract that will expire by the end of next month predicting the price will pass over 36000 usd.
We are now many times failed to get the price we wanted at over 20000 to stay longer.
Rejected over and over again and could be a signal to use your seatbelt in the downfall anytime soon.
I dont know people seems so done now so do i.

[palle11]

Even with a charm of millions dollar future contract that will expire by the end of next month predicting the price will pass over 36000 usd.
We are now many times failed to get the price we wanted at over 20000 to stay longer.
Rejected over and over again and could be a signal to use your seatbelt in the downfall anytime soon.
I dont know people seems so done now so do i.

The rejection of 20,000 for this season may not be a signal that will push price to fall. Bitcoin is unpredictable. We can't be surprise if another push can break the boundary and up we go to 30,000 by next year second quarter

[dragonvslinux]

Stuck in a triangle awaiting for a breakout by the looks of it... price starting to look boring:



If we break-out to the upside there's a good chance we fly past $20K 

[STT]

I was thinking we had broken that triangle even, to add to the other measures previously holding while we rose in price considerably.   A pullback is fair game at this point and we look further afield for a conclusive price to settle at and since we rose rapidly thats usually going to a bit below here.



So its losing the weekly average, not sure anyone else but me cares about that one but often we find ourselves maintaining above this measure when trending up.    I trust trends more then any other type of action, we can always burst up on news but thats my game to predict.    I think we got 20k near enough and thats the deal in the near term and we'll see later on the bigger picture prices where we can go but most interesting speculative trade right now is possible downside seems like.

[gabbie2010]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

Unfortunately it couldn't do it, the resistance at $20K look solid and strong any attempt to breakthrough by the price is rejected, I believed more institutional adoption of bitcoin and more positive fundamental news is the needed catalyst that can break that resistance else the price will continue to be rejected at that zone, meanwhile until the previous ATH is broken before the price can reach $30K. for now the price is currently experiencing a pullback I hope its a minor one.

[rodskee]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

yeah another false alarm 

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And now it's getting more critical as the Value of Bitcoin also dropping to $17,000 level again.


but were still in December and many factor that needs to be consider,also the speculation is actually not this year but the Next so if ever that we did not get it now still there is another chance (HOPEFULLY)

Better to be Wise than Keep the HODL.

[daarul50]

Even with a charm of millions dollar future contract that will expire by the end of next month predicting the price will pass over 36000 usd.
We are now many times failed to get the price we wanted at over 20000 to stay longer.
Rejected over and over again and could be a signal to use your seatbelt in the downfall anytime soon.
I dont know people seems so done now so do i.

The rejection of 20,000 for this season may not be a signal that will push price to fall. Bitcoin is unpredictable. We can't be surprise if another push can break the boundary and up we go to 30,000 by next year second quarter

Could be and could not be, obviously it is always about this two right? You cannot speculate your investment all the time by saying it is unpredictable, sounds too desperate for me.

I was thinking we had broken that triangle even, to add to the other measures previously holding while we rose in price considerably.   A pullback is fair game at this point and we look further afield for a conclusive price to settle at and since we rose rapidly thats usually going to a bit below here.



So its losing the weekly average, not sure anyone else but me cares about that one but often we find ourselves maintaining above this measure when trending up.    I trust trends more then any other type of action, we can always burst up on news but thats my game to predict.    I think we got 20k near enough and thats the deal in the near term and we'll see later on the bigger picture prices where we can go but most interesting speculative trade right now is possible downside seems like.

Sure we do care about trends as that is what bring the market into certain mood.
And currently in the quite bad mood.
Pretty much sure to stop buying in largr scale with this situation unless if you are willing to digging your own grave.

[TravelMug]

The $19k support lines have been broken, and obviously we are now looking at the lower $18k because there is really a selling pressure that happened. And as much as we attempted to break $20k, again, it's too much of a mental barrier. So no roll again.

But this is be consider as a healthy trading, we have been trading sideways for most of the time, although the break out didn't favour us, still this could present as a good buying opportunity again for majority of us. This is just the beginning of December and we can see two more weeks as another chance for us to get into that $20k.

[el kaka22]

Maybe 4th time is the charm? All kidding aside I believe there is a big possibility that we are not going to suddenly change the outcome of us going into $20k+ that quickly. We have tried it multiple times, we failed, people have lost faith in the possibility of going there, and that means we are probably going to wait until bitcoin goes to a lot lower levels and regroup and attack again, that is the only way we could potentially see the price going above $20k.

I am not saying that we can't, we totally can but the fact is people do not feel the same way anymore, and that is why I believe it is not going to happen, all due to people not really believing in themselves to make it happen. However if we could arrange a hype once again, it could result with a quicker increase.

[STT]

For sure 4th times the charm because with a big enough run up it'll break 20k like the paper wall it is, just empty numbers as in the last 3 years the dollar lost value so standing up 20k as if its stood solid all this time is wrong for certain we know this today so its just a case of time for it to fall over.       
   Its also the case the price more or less doubled in a month so you can say its possibly reached its stall speed, it doesn't take much to stop its progress is how I take it and it needs to rest and lose the weak hands before it can continue.   Its not an unfamiliar process we've seen it many times, just getting past the 2019 summer high is enough of a positive for any long term bulls I think.   The inexperienced will have to learn that which again similar to the past.   20k itself has no strength to it as a barrier, energy was lacking on this occasion.    I'll come back with the close of the weekly bar tomorrow and we'll see if its still appearing outside of its old trend and if that matters.

[MCobian]

It is still too difficult for Bitcoin to reach a price of $ 20,000. Because several times the price of Bitcoin fell below the price of $ 19,000.
This indicates that Bitcoin's resistance price at $ 20,000 is very strong. It takes a big event or good news that can make Bitcoin hype
in order to break the resistance price. But I doubt the current movement of Bitcoin can reach a price of $ 20,000 by the end of this year.
My prediction is that the Bitcoin price might end this year only reach a price of $ 19,500.

[error08]

It is still too difficult for Bitcoin to reach a price of $ 20,000. Because several times the price of Bitcoin fell below the price of $ 19,000.
This indicates that Bitcoin's resistance price at $ 20,000 is very strong. It takes a big event or good news that can make Bitcoin hype
in order to break the resistance price. But I doubt the current movement of Bitcoin can reach a price of $ 20,000 by the end of this year.
My prediction is that the Bitcoin price might end this year only to reach a price of $ 19,500.

Bitcoin back to business again as the price recover to above $19,2k today. It seems because traders sell out xrp and switch to bitcoin, presumably. It's the 4th attempt to break the resistance level of $20k if bitcoin manages to increase above $19,6k within 24 hours.
Well, it just time matters until the great wall of $20k will be broken and we still have 18 days left before the end of the year, many things can happen including a new ath.

[Xinarae*]

It is very difficult to maintain the price stability of Bitcoin. Its price does not move in the same way in the market. Even if there is hype for bitcoin investment, the market will become much stronger. Bitcoin has a much higher demand than other currencies. While close to 19,500 this year, it could exceed $ 20,000 in the new year. Bitcoin will never be able to break this powerful system, even if the exact future cannot be predicted. Great news for the hype if prices continue to rise.

[Saisher]

It is still too difficult for Bitcoin to reach a price of $ 20,000. Because several times the price of Bitcoin fell below the price of $ 19,000.
This indicates that Bitcoin's resistance price at $ 20,000 is very strong. It takes a big event or good news that can make Bitcoin hype
in order to break the resistance price. But I doubt the current movement of Bitcoin can reach a price of $ 20,000 by the end of this year.
My prediction is that the Bitcoin price might end this year only reach a price of $ 19,500.

There's still a chance at $20000 I looked on the chart and Bitcoin is trading at $19300 if after a week it did not drop to $18k level we have a good chance to see Bitcoin trading at $20000 another all time high I don't think it's not impossible like what everybody here are saying there's always a good chance to make a big pump before the end of the year.

[cryptomaniac_xxx]

It is still too difficult for Bitcoin to reach a price of $ 20,000. Because several times the price of Bitcoin fell below the price of $ 19,000.
This indicates that Bitcoin's resistance price at $ 20,000 is very strong. It takes a big event or good news that can make Bitcoin hype
in order to break the resistance price. But I doubt the current movement of Bitcoin can reach a price of $ 20,000 by the end of this year.
My prediction is that the Bitcoin price might end this year only reach a price of $ 19,500.

There's still a chance at $20000 I looked on the chart and Bitcoin is trading at $19300 if after a week it did not drop to $18k level we have a good chance to see Bitcoin trading at $20000 another all time high I don't think it's not impossible like what everybody here are saying there's always a good chance to make a big pump before the end of the year.

Yeah, I'm really surprised that bitcoin come back to life again. I guess we really hit the bottom when the prices goes to $17,600 a couple of days ago and there are no more selling pressures at this time. Instead what I'm seeing on exchanges are all buying pressures, indicative that we may hit $20k sooner again or even more, so the bullish trend continues.

[Findingnemo]

snip~~~
Yeah, I'm really surprised that bitcoin come back to life again. I guess we really hit the bottom when the prices goes to $17,600 a couple of days ago and there are no more selling pressures at this time. Instead what I'm seeing on exchanges are all buying pressures, indicative that we may hit $20k sooner again or even more, so the bullish trend continues.

Mempool is actually empty even when the prices are about to hit 20K and already on some local exchanges and p2p it reached 20K so it is also a clear sign that people are not in a hurry to sell their coins when the prices reaches 20K, this time people expecting more higher price tag per bitcoin.

[jostorres]

Fourth time the charm? . I mean we are above $19k again, and again we are trying to go above $20k as well, and I do not know what we are going to do now. I mean it is possible that we will be trying this for the last time and break over $20k and reach to a very higher level and not go under ever again, or maybe this is the last time we are trying for the last time for a while and going down and not going to go over $19k for a long time again?

I do not know what we are going to do, I think we are going to eventually do something major but I am not sure what. We have gone over $19k 4 times now and gone under $18k three times now, that is a lot of tries honestly, I can't say what is going to happen but I know that last time we were over $19k we didn't try to stay up this long.

[KTChampions]

Fourth time the charm? . I mean we are above $19k again, and again we are trying to go above $20k as well, and I do not know what we are going to do now. I mean it is possible that we will be trying this for the last time and break over $20k and reach to a very higher level and not go under ever again, or maybe this is the last time we are trying for the last time for a while and going down and not going to go over $19k for a long time again?

I do not know what we are going to do, I think we are going to eventually do something major but I am not sure what. We have gone over $19k 4 times now and gone under $18k three times now, that is a lot of tries honestly, I can't say what is going to happen but I know that last time we were over $19k we didn't try to stay up this long.

What is the point of paying attention to such small fluctuations? Btcoin has always had high volatility and at a price of about 20k, fluctuations of 5% give us + - 1000 dollars. We must accept the fact that the fluctuation in the price of $ 1000 is insignificant now. In the future (if the price of bitcoin rises significantly), the fluctuation of 5 thousand dollars will be insignificant.

[blckhawk]

here comes the 3rd time for 20K I think it's going to do it. Then 30K pretty quick

Unfortunately, the resistance was too strong lately, it is almost hit the $20k USD for the 3rd time but looking at it, it is now starting to fall again but I don't think the run was over though. Thereby, I don't think $30k is feasible right now. Perhaps, looking at the market performance, Bitcoin will only set its new ATH around $23-$25K USD not by the end of the year coz it seems it will only play around on $19-$18k and so next year, 1st Quarter will be the time.

[sayaya17]

Bitcoin will one day definitely crack 20K resistance, but in recent weeks it has turned out that it could not because each time it will pass more than $19K,
Bitcoin is moving down again. It doesn’t seem to be strong if there’s no strong demand. But we shouldn’t be greedy, let bitcoin give altcoins a chance
to grow green in the market. To make the altcoin market more volatile and those who keep altcoins will benefit as well. If it’s time, bitcoin will break through 20K.

[jubalix]

annnnnnd we are through.....20500 as I watch now