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

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[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.