BTC price increasing slowly.

[kentrolla]

After a slippery week once again BTC is slowly gearing up is this the last resistance level of the year? Right now the market capitalization is healthy and that's why we are seeing some positive trends also i' ve been watching the price of BTC pumps most of the times only In the weekends, Is this means there is a surprise for crypto industry? Guys share your thoughts

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[jamalaezaz]

After a slippery week once again BTC is slowly gearing up is this the last resistance level of the year? Right now the market capitalization is healthy and that's why we are seeing some positive trends also i' ve been watching the price of BTC pumps most of the times only In the weekends, Is this means there is a surprise for crypto industry? Guys share your thoughts

I don't think this is the last resistance level. we still have 18 days for 2021. and I think Bitcoin will take another correction in these days. in fact I think it'll go up and down between 19k and 18k. but it will not increase to 20k this year.
now whatever happen in 2021 with bitcoin price, we all shall see.
there will be lots of surprizes for sure.

[Gotumoot]

Indeed it is slowly increasing I think it would be nice if we could see it above $19K or near $20K by the end of this year.
The market is unpredictable who knows if we might see another huge pump before this year ends.

[Oshosondy]

This is no much surprise for bitcoin as it is showing good price, the institutions are the whales helping the price now, even if the price of bitcoin increase above $20000, it will not be a surprise because possibly the asset is attracting investors especially institutions and this can likely increase the price of bitcoin to more all time high.

[LogitechMouse]

After a slippery week once again BTC is slowly gearing up is this the last resistance level of the year? Right now the market capitalization is healthy and that's why we are seeing some positive trends also i' ve been watching the price of BTC pumps most of the times only In the weekends, Is this means there is a surprise for crypto industry? Guys share your thoughts

No surprise .

In weekends, most of the trades are being done using a bot so there is no surprise with this already. Now with regards to the recent slow increase of it, I think that we all know already that there is always a short increase of price after a huge correction right? This is just common when it comes to the crypto market. Am I happy with the move?? Not really and I would be happier if it passes through and stays above the $20,000 price .

[MusaMohamed]

After a slippery week once again BTC is slowly gearing up is this the last resistance level of the year? Right now the market capitalization is healthy and that's why we are seeing some positive trends also i' ve been watching the price of BTC pumps most of the times only In the weekends, Is this means there is a surprise for crypto industry?

In the bull run, bitcoin bounced back very well for every dip it has but I feel something ugly and bad for bitcoin can come soon. It is weeks of rising to the All time high price. I see a few bad signals from rumours, bad news that can be early signals for corrections, pull backs and Black Swan event for Bitcoin till the Chritsmas.

The postitive signals I see is when bitcoin falls in price, its volume increased and I think people are still bullish in bitcoin and they wait for every dip to buy up and help bitcoin has good supports.

Trump's FUD: crazy things the Trump government can do in their last few weeks and some past events can be reused for FUDs.

Ugly week in Crypto, and to get uglier.

- #Ichimoku Weekly Twist
- #Trump Fud
- #CME Anniversary
- #MtGox Release
- #BTC due for correction
- #BTC lost trend incline
- #XRP Event
- #IOTA dismisses a founder

Hold onto your seat! Going to be a wild ride.

[Question123]

I believe more good news will happen to the bitcoin because many people will support bitcoin for sure if the price pumps more the more positivity outcome will happen and it will become trending again to the online world.

Hoping the value will not drop anymore and continue rising and hit again the value of 20k dollars each bitcoin and that is what we want to happen this year .

[erikalui]

I recently sold part of my holdings since the price was dropping and I sold it at the price of 18.8k. I hope it can stay stable at 18k till next year. Since too many people only are selling and there have been less buyers at the current price, the pump did not last long. I was disappointed to see not much of an effect in the altcoin market. This sudden pump and dump has not been beneficial as I can see after 3 years since 2017. I am happy to see the media has started sharing positive news about cryptocurrency and bitcoins so hopefully we'll see the price above 18-20k next year.

[Fesatmas]

After a slippery week once again BTC is slowly gearing up is this the last resistance level of the year? Right now the market capitalization is healthy and that's why we are seeing some positive trends also i' ve been watching the price of BTC pumps most of the times only In the weekends, Is this means there is a surprise for crypto industry? Guys share your thoughts

think positively for the future. it's time for bitcoin to fly again to the moon.
although the chances of the end of the year are still high. let's see if something will happen that is of truly great benefit.
I am increasingly determined not to sell bitcoins quickly.

[sayaya17]

Bitcoin always returns to the price of 18K, having made several corrections on bullish this time. But that correction didn’t last long.
$18K is not a record high price, but it’s the top price since last year. And this year the top one is at $19,500. So it’s only natural that
many people are optimistic that the bullish trend will still take place, even wanting to reach more than $20K in 2021.
Perhaps if the price of bitcoin were now at the level of $15K, everyone’s assumption would be contrary to current assumptions.

[LittleBitFunny]

I think now it is another buying opportunity,
if you look at the 4-hour time-frames then it is a strong bullish signal.
RSI confirms the price reversal signals and MACD gives us a solid bullish environment.
now we are going to see another rally towards 20K resistance.

[Maxre]

I feel like there will be another correction ahead of Christmas, which will keep bitcoin around 18k until the end of the year. although we cannot make history as a benchmark value for bitcoin, but it is mostly true that every big day, the price will go down.

[pilosopotasyo]

After a slippery week once again BTC is slowly gearing up is this the last resistance level of the year? Right now the market capitalization is healthy and that's why we are seeing some positive trends also i' ve been watching the price of BTC pumps most of the times only In the weekends, Is this means there is a surprise for crypto industry? Guys share your thoughts

I like to believe there's a big surprise coming investors and hodlers should keep their hopes alive it's still 19 days to go and so many things are still going to happen just like what happen in the last day of November, where we experienced a big pump as long as Bitcoin is the $18000 level there's still hope for another all time high.

[Becky666]

I feel like there will be another correction ahead of Christmas, which will keep bitcoin around 18k until the end of the year. although we cannot make history as a benchmark value for bitcoin, but it is mostly true that every big day, the price will go down.

Going by what has happened in the past, you are saying the real truth about a correction ahead of Christmas celebration. We saw whenever the event draw close the cryptocurrency always experienced a huge selling orders from those who want cash for celebration and this often caused correction until the season is gone. Though let wait for the year 2020 to elapse before concluding if the celebration sell off will make the market go dip. The current increase to me won't be sustain becasue of the Christmas event ahead.

[Coin_trader]

After a slippery week once again BTC is slowly gearing up is this the last resistance level of the year? Right now the market capitalization is healthy and that's why we are seeing some positive trends also i' ve been watching the price of BTC pumps most of the times only In the weekends, Is this means there is a surprise for crypto industry? Guys share your thoughts

Yep. BTC forming a doji which is a good sign that the correction is near to end. I'm looking at a daily timeframe and it seems that 17,500 is a good support for BTC right now. I'm hoping to see a strong buy pressure on the start of the week or else this correction will go deeper down 16k to 15k level or worst. Those goosebumps last 2017 bull run really gives a psychological barrier for BTC to break the ATH. All the price level and time frame seems identical on the 2017 bull run.

[NeuroticFish]

Guys share your thoughts

Week-ends tend to be "unnatural" and the trends from week-ends can easily change when the working days start.
So although I expect to still have upward pressure, although I like to see it rise again (or recover, at least), I would not get too happy exactly because it's week-end.
Also with the holidays a slow down can also happen, so the most important 2 things for the remaining 3 weeks are to not go too far down from current levels and get back on a rise in January.

Let's wait and see what happens next week, which is for many (traders too) the last working week of this year.

[kentrolla]

I think now it is another buying opportunity,
if you look at the 4-hour time-frames then it is a strong bullish signal.
RSI confirms the price reversal signals and MACD gives us a solid bullish environment.
now we are going to see another rally towards 20K resistance.

Looks like you are a day trader and it's a good suggestion for daily trading, but I was telling about long-term buying now is extremely risky I agree there are bullish signal but It could even be a temporary one I mean for a day or two who knows. Buying low and selling high is the market strategy so plan accordingly.

[Ayiranorea]

As users described in the posts, there'll big changes in the weekend. Most of the time the weekend market will be in the decline and the starting days used to gearup slowly. This isn't a promised pattern of growth, but most of the time we can expect this form. The price that slipped more than $1000 is slowly recovering. I expect the ongoing rise to continue for another few weeks time touching the most expected $20000 before the year end.

[palle11]

Indeed it is slowly increasing I think it would be nice if we could see it above $19K or near $20K by the end of this year.
The market is unpredictable who knows if we might see another huge pump before this year ends.

The year has not ended, surely we have like two weeks more and the bear for last week bear is temporary from all indication because price has started up again. I think this year ending will see a new ATH or close to that with the recent price movement and as we approach the peak of the season.

[Psynthax]

Really need to anticipate what's gonna be happening at the end of the year. It'll be either pump or dump wave gonna be happening and considering the fact that in the past in 2017 at the end of the year we got the biggest dump rollercoaster I've ever seen happened to crypto market and now considering that bitcoin price right now close enough to ATH or even reached the new ATH we should be more cautious.