cryptoboss2020 (OP)
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December 05, 2020, 02:39:16 AM |
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I was going trhough the price history supports resistances accumalation information indicators...
Well this year until the year end the ETH will be better performer then Bitcoin.
Will i think the btc will pass the 20k price? To be honest i dont think, Why??
Becouse there are no accumalation happening if I see that whales big guys accumulating well then I will look how much they accumulating and so... But its looking like they are not going to accumulate this year!
Ethereum are different, ETH been accumulated by the retail traders just today and yesterday by the retail and bigger players of institutions.
Chicago CME futures have just increased their eth holdings .. The eth looking per my check very bullish.
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cryptoaddictchie
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December 05, 2020, 03:21:23 AM |
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Will i think the btc will pass the 20k price? To be honest i dont think, Why??
Becouse there are no accumalation happening if I see that whales big guys accumulating well then I will look how much they accumulating and so... But its looking like they are not going to accumulate this year!
I can see that ethereum has more growth this year than bitcoin and a lot of people too believe it. But how can you say whales are not accumulating bitcoin? Do you have watch list of wallets those whales are using? It's hard to say they are not interested to buy bitcoin. It's still open for a good market exposure so there are new institutional players wanted portion of the pie and for some whales, they just only seeing the play before jumping in into the jungle. I think if they saw a good entry for this, everyone will follow whales or no whales.
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MoreStamps.Global
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December 05, 2020, 04:24:56 AM |
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Oshosondy
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December 05, 2020, 06:14:25 AM |
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I do not know if retail investors accumulate ether or not, but if they do it is as a result of ethereum 2.0 which was launched in December 2020. But because of that, thinking ether will out perform bitcoin, you can be very wrong, and you indicated before the end of this year. With what I have analysed, be it ether accumulation by retail investors or not, if bitcoin does not surpass $20000, do not also see ether to surpass $690 in price. The recent accumulation is because of ethereum 2.0 which I said earlier, it is new and people are staking ether but it will still not be new again.
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GreatArkansas
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December 05, 2020, 07:38:18 AM |
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A lot of people still looking forward for $20,000 before the year will end, like accumulating just below the all-time-high is really a good bullish action which may lead breakout above and this time Bitcoin may push upto $20,000 or more than, this is also I am looking forward. Seems nobody is selling their Bitcoin on this current price.
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maydna
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December 05, 2020, 08:00:19 AM |
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It will be no problem if bitcoin can't pass the $20k price at the end of this year because bitcoin has more chances to pass on that price in the next years. Even if somehow, the bitcoin price can not pass the $20k in the next years, it will happen in the future. Bitcoin has more time to pass $20k and hit the next new ATH, and I think many people want to wait for that because they believe that in the end, bitcoin price will get the new ATH. That will be the same as ethereum, and if ethereum didn't hit $1k this year, it would not be a problem. I am sure that people will have their target price and they can wait for more.
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error08
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December 05, 2020, 10:05:42 AM |
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We will know in 10-12 days whether bitcoin can surpass $20k or it will go down through the end of the year, but the possibility to reach $20k is still there. Although bitcoin can't break the resistance level this year, it definitely will in 2021, no doubt about it. Bitcoin is in a different chapter this year compared to the bull run in 2017, because many institutional investors join into the crypto-world, not just retail investors.
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passwordnow
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December 05, 2020, 11:41:37 AM |
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I was going trhough the price history supports resistances accumalation information indicators...
Well this year until the year end the ETH will be better performer then Bitcoin.
Will i think the btc will pass the 20k price? To be honest i dont think, Why??
Becouse there are no accumalation happening if I see that whales big guys accumulating well then I will look how much they accumulating and so... But its looking like they are not going to accumulate this year!
Ethereum are different, ETH been accumulated by the retail traders just today and yesterday by the retail and bigger players of institutions.
Chicago CME futures have just increased their eth holdings .. The eth looking per my check very bullish.
No accumulation from the whales? you must be kidding me that you're not looking at the news and reports about Grayscale and Microstrategy accumulating bitcoin. IIRC, Grayscale has been buying all of this time and they've bought more than the mined bitcoin from the past months. It is ok not to think that it's possible to reach $20k because it's obviously struggling to go into that price. But don't forget that it's always giving you an unexpected scene, that's our bitcoin.
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Kanjeung
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December 05, 2020, 03:10:45 PM |
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in my opinion, in 2020 with the state of covid 19, BTC will continue to rise, and it could reach 20k, why? because everyone has switched from pure gold to bitcoin and others, that is evident in several media and information exchanges, I saw the news last week, if everyone switches to bitcoin assets, then everything will happen, and you have to believe it.
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Rruchi man
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December 06, 2020, 08:51:14 AM |
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The price/value movement for ETH from November 2015 - December 4th 2020 as published by Stastista in a report here - " https://www.statista.com/statistics/806453/price-of-ethereum/" shows that the Ethereum has surpassed the 1k mark before and that there are still better days ahead for the Cryptocurrency. Both our darling BTC & ETH have already done so well this year and people who accumulated them before the rise are already enjoying their profits. It is safe to say that for both BTC and ETH, an accurate prediction of their economic value cannot be given. We might just wake up to see in some days time that BTC has surpassed the 20k mark and the ETH the 1k mark again or they have reduced in value... Nobody really knows.
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mnporter2001
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December 06, 2020, 04:39:18 PM |
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I don't see that. Bitcoin keeps staying at $ 19k even though it has been dumped several times to $ 18k4 but the bulls are still very crowded and strong. I don't think Bitcoin will fail to break $ 20k, its buying power is strong right now. ETH is also a great altcoin, and it will be on par with Bitcoin in the coming days as well. Right now our strategy is to find the right time to buy the two coins and hold it until 2021. Just calm down guys, there will be no more year-end dumps like years ago, be optimistic when people are scared. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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jossiel
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December 06, 2020, 09:43:40 PM |
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I don't see that. Bitcoin keeps staying at $ 19k even though it has been dumped several times to $ 18k4 but the bulls are still very crowded and strong. I don't think Bitcoin will fail to break $ 20k, its buying power is strong right now.
It dumped and became lower to $16k but that was just too quick. It is likely that we'll see the same thing of what happens slowly now. Bitcoin will simply break to $20k and it will stay there just like it's staying in $20k. We've seen this before and the next scenario that happened is that it rapidly rose. ETH is also a great altcoin, and it will be on par with Bitcoin in the coming days as well. Right now our strategy is to find the right time to buy the two coins and hold it until 2021. Just calm down guys, there will be no more year-end dumps like years ago, be optimistic when people are scared. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) It would be par with bitcoin in terms of its rise. It's also stable on the price of $590-$600 and that's giving most ETH holders believe that it will also break to $800-$1k soon.
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cryptoboss2020 (OP)
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December 06, 2020, 09:46:55 PM |
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Let's say it will go down so when price goes to 16 k the buyers will Jump in very fast. And price will bounce back to 19 k fast.
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crzy
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December 06, 2020, 10:15:37 PM |
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Let's say it will go down so when price goes to 16 k the buyers will Jump in very fast. And price will bounce back to 19 k fast.
We are still not sure about this one but the big correction is possible to happen if we didn’t reach a new all time high since the resistance is very strong, strong enough to put the market down again. I’m still bullish on these great two coins and i know they can make it, I’ll keep my eyes on the market.
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2double0
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December 06, 2020, 10:29:23 PM |
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Eth has got 2.0 in place while btc is already much higher and also touched its new ATH ' but still did not cross above $20k because investors sold near 19950 and there was no such demand to hold that level, so btc broke down to its support near 18600 and holding over 19k right now. It is a tough situation for btc to handle while Eth is the most promising 'looking' investment so far. $800 is going to be the new high for Eth for this year.
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Boov
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December 06, 2020, 11:35:30 PM |
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Eth has got 2.0 in place while btc is already much higher and also touched its new ATH ' but still did not cross above $20k because investors sold near 19950 and there was no such demand to hold that level, so btc broke down to its support near 18600 and holding over 19k right now. It is a tough situation for btc to handle while Eth is the most promising 'looking' investment so far. $800 is going to be the new high for Eth for this year.
Good for eth, it has come to a point that it soar at highest price ever in connection with Bitcoin progress this year. However, it's not sure yet what future it has when time comes that most investors need take their profit. Because, that's the reality of an investment people needs to spend the roi of their money; and it's beyond our control. Short term trading is likely going to happen on both btc and eth one of these days.
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cryptoboss2020 (OP)
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December 06, 2020, 11:39:03 PM |
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I just did another analysis and I think the bitcoin will go to 22000 this year.
The btc might brake the 21k this week then it would go Back to 19k and stay there... And after that it can even go over 22k
My call for btc are 22,3 k this year*
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bitkanu
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December 06, 2020, 11:41:06 PM |
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It looks like you didn't even watch about how much been accumulated by grayscale to buy bitcoin. Each bitcoin needs more than ten thousand dollars and it's not all of retail investors will be able to accumulate a lot of bitcoin. You must see some management funds will be coming to the bitcoin and bitcoin has a chance to surpass 20k. It doesn't make sense to think ethereum will be the only coin that is accumulated by investors.
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jossiel
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December 06, 2020, 11:41:30 PM |
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Let's say it will go down so when price goes to 16 k the buyers will Jump in very fast. And price will bounce back to 19 k fast.
That just happened right? Bitcoin dumped to $16k but it didn't stayed there for a very long time because there's a quick bounce back and we're now on it. I just did another analysis and I think the bitcoin will go to 22000 this year.
The btc might brake the 21k this week then it would go Back to 19k and stay there... And after that it can even go over 22k
My call for btc are 22,3 k this year*
Well, I hope that you've got some accurate prediction from there. $20k-$22k for the end of the year is likely unless it wouldn't break that price and stayed for better on $19k.
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cryptoboss2020 (OP)
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December 06, 2020, 11:43:27 PM |
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Let's say it will go down so when price goes to 16 k the buyers will Jump in very fast. And price will bounce back to 19 k fast.
That just happened right? Bitcoin dumped to $16k but it didn't stayed there for a very long time because there's a quick bounce back and we're now on it. I just did another analysis and I think the bitcoin will go to 22000 this year.
The btc might brake the 21k this week then it would go Back to 19k and stay there... And after that it can even go over 22k
My call for btc are 22,3 k this year*
Well, I hope that you've got some accurate prediction from there. $20k-$22k for the end of the year is likely unless it wouldn't break that price and stayed for better on $19k. So far all my predictions been correct if you look at the history of all my predictions* But im not Perfect!
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