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Author Topic: 3rd times the charm 20K ok I was wrong, 6ths time the charm  (Read 868 times)
Xinarae*
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December 13, 2020, 11:53:13 AM
 #61

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.
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December 13, 2020, 02:58:15 PM
 #62

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.
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December 13, 2020, 03:38:16 PM
 #63

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.

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December 13, 2020, 04:49:18 PM
 #64

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. Cheesy

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jostorres
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December 14, 2020, 10:42:42 AM
 #65

Fourth time the charm? Cheesy. 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.
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December 14, 2020, 02:11:28 PM
 #66

Fourth time the charm? Cheesy. 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.

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December 14, 2020, 03:20:03 PM
 #67

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.
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December 14, 2020, 09:15:54 PM
 #68

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.

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December 16, 2020, 02:38:23 PM
 #69

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

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