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Author Topic: BTC price increasing slowly.  (Read 314 times)
Bergkampsballs
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December 12, 2020, 06:12:59 PM
Last edit: December 12, 2020, 06:52:19 PM by Bergkampsballs
 #21

I'm no trader so my advice should be taken with a pinch of salt but one thing that I fet was quite significant was that the price of Bitcoin never quite reached $20,000 which suggests that there's still a lot of sell orders at $20,000 that haven't been spent. Due to this I have placed sell orders around the $19,600 - $19,800 level in expectation of a drop when it does eventually reach $20,000. Maybe my lack of trading knowledge means that this is not as sensible an idea as it seems to me but I thought I'd throw my 2 cents in anyway Grin
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December 12, 2020, 06:38:41 PM
 #22

I have some doubt about this recent Bitcoin movement becasue the time for the rise should have be after the celebration, investors are likely to sell their portfolios soon. The company that sold their stock bonds to buy Bitcoin are those pushing the Bitcoin price to $19k but this will take a tough time before we see Bitcoin price at $19k in 2020, but 2021, we shall surely see some good and steady growth in Bitcoin price. 

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December 12, 2020, 06:39:18 PM
 #23

Bitcoin has been doing this since downfall in 2018, if you compare Bitcoin has already gained over 350% since it's ATH post 2018, opportunists have already utilizes this period to reinvest and as far as your claim about price rise during weekend I am skeptic about it as that's not the same case everytime. I think next 18 days would be crucial wherein either Bitcoin will thrive or else go through correction period.

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December 14, 2020, 08:06:25 AM
 #24

Yeah, mostly weekends where traders have all their free time to exchange.
Since yesterday night until now, it had been calm at $19k - $19.3k.
I'm kind of feeling pessimistic with $20k this year then another fall in January just like what happened last week.
No buyers in holidays. Most people will be spending more and might even exchange BTC for fiat to add to the shopping spree that will happen.  Grin
The market won't react that fast so it will reflect 2021.
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December 14, 2020, 08:20:10 AM
 #25

Yeah, mostly weekends where traders have all their free time to exchange.
Since yesterday night until now, it had been calm at $19k - $19.3k.
I'm kind of feeling pessimistic with $20k this year then another fall in January just like what happened last week.
No buyers in holidays. Most people will be spending more and might even exchange BTC for fiat to add to the shopping spree that will happen.  Grin
The market won't react that fast so it will reflect 2021.
It will remain stable seeing market movements like this on weekends where many people want to have fun and have a vacation so of course they will switch it to fiat for necessities but like this it will remain strong in the market with the corrections, so we will wait for what happens when we It has passed 2021 which is much awaited by the 20k will be achieved soon, no need to be pessimistic, in this case what we are doing is there is still the best opportunity to produce.

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December 14, 2020, 01:07:02 PM
 #26

Yeah, mostly weekends where traders have all their free time to exchange.
Since yesterday night until now, it had been calm at $19k - $19.3k.
I'm kind of feeling pessimistic with $20k this year then another fall in January just like what happened last week.
No buyers in holidays. Most people will be spending more and might even exchange BTC for fiat to add to the shopping spree that will happen.  Grin
The market won't react that fast so it will reflect 2021.

I believed otherwise though, in the last 3 years, there are buyers in December, maybe those who received their Christmas bonus are putting side money to invest in crypto. Although for average joe, the price is very expensive compare to the last 3 years. But still if they are going to look for the long term then it is a good investment for them in Christmas.

And another thing is that maybe bitcoin could be consider as give today, so we might see a new set of buyers and getting into bitcoin as a gift or presents to families and friends this holiday.
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December 14, 2020, 09:49:50 PM
 #27

Yeah, mostly weekends where traders have all their free time to exchange.
Since yesterday night until now, it had been calm at $19k - $19.3k.
I'm kind of feeling pessimistic with $20k this year then another fall in January just like what happened last week.
No buyers in holidays. Most people will be spending more and might even exchange BTC for fiat to add to the shopping spree that will happen.  Grin
The market won't react that fast so it will reflect 2021.

I believed otherwise though, in the last 3 years, there are buyers in December, maybe those who received their Christmas bonus are putting side money to invest in crypto. Although for average joe, the price is very expensive compare to the last 3 years. But still if they are going to look for the long term then it is a good investment for them in Christmas.



I don't put my Christmas bonus to buy bitcoin since it was intended for Christmas season and not for investment, I believe many think about that to but for other who are investor I think they spare a amount already intended for buying bitcoins at this season and some get hype due to the current good news occur that's why even the dump threatening still the slow climbs happen due to positive effect of good mindsets as well with the hopes that we can see a better figure after this year ends or maybe in next year.

R


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December 14, 2020, 11:21:05 PM
 #28

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 Cool

This is the most awaited part that I am looking for, bitcoin captures every trader's hear which is very interesting due to simple gains. If every there will be faster growth, possible bubble speculations will happen. Negative articles will try to dig in and would deceive many weak emotions and potentially cause sudden crash of btc value. Slow and simple increase was just a nice signs of future green days.
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December 14, 2020, 11:46:59 PM
 #29

yes, Bitcooin must go up slowly, because if you experience an immediate pump,
then the Bitcoin price increase is not healthy, I like it if the Bitcoin price rises slowly and has corrections
That’s more of a hype basically so I don’t also want to see a sudden pump because that’s a pure manipulation and many will get trap for sure, so let’s all go for a slowly but surely pump. If there’s a huge pump with Bitcoin price I hope that’s because of a good news and not because of the whales, I don’t also want a too much price prediction with Bitcoin.
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December 14, 2020, 11:49:08 PM
 #30

The price that dropped low to $18000 have now touched above $19200. People always expect the price to reach $20k. Following the growth of bitcoin there is no big change in the price of altcoins. Upon this, it looks like a growth with resistance. Maybe over the weekend we can see the market getting pushed above $20k if some big news roll out of the corporate networks.

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December 15, 2020, 12:12:40 PM
 #31

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 Cool

I'd like to believe we have a big pump coming and we have a big surprise coming and whales are just positioning for a big surprise, the new all-time high is just $800 to $900 away it's manageable we just need a big 10% pump to set a new record and I hope the whales will deliver before the end of the year.

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December 15, 2020, 12:30:54 PM
 #32

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 Cool

I'd like to believe we have a big pump coming and we have a big surprise coming and whales are just positioning for a big surprise, the new all-time high is just $800 to $900 away it's manageable we just need a big 10% pump to set a new record and I hope the whales will deliver before the end of the year.

We are in positive side right now which can give the possibilities that we can see some good figures this year or maybe In next year so let's hope for something best to come so that we can see the price surpass to $20k and maybe if that will be reached by this year we will might get a healthy market next year.

R


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December 15, 2020, 01:01:42 PM
 #33

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 Cool

I'd like to believe we have a big pump coming and we have a big surprise coming and whales are just positioning for a big surprise, the new all-time high is just $800 to $900 away it's manageable we just need a big 10% pump to set a new record and I hope the whales will deliver before the end of the year.

We are in positive side right now which can give the possibilities that we can see some good figures this year or maybe In next year so let's hope for something best to come so that we can see the price surpass to $20k and maybe if that will be reached by this year we will might get a healthy market next year.

Hopefully this will happen, because we haven't seen a healthy market until now,
Pump and Dump are always happening in the market, it looks like whales want to manipulate the price of Bitcoin,
we know there are still many whales who have large amounts of Bitcoin, and this makes the market unhealthy
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December 15, 2020, 01:28:23 PM
 #34

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 Cool

I'd like to believe we have a big pump coming and we have a big surprise coming and whales are just positioning for a big surprise, the new all-time high is just $800 to $900 away it's manageable we just need a big 10% pump to set a new record and I hope the whales will deliver before the end of the year.

don't get your hopes up on whales, I am sure whales are currently thinking of doubling their money,
especially since there is futures trading, the price of Bitcoin is easy to manipulate,
of course this makes whales happy to play, don't let us play with it.

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RealMalatesta
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December 15, 2020, 01:53:10 PM
 #35

I have always understood that bitcoin is something that was gradual, no matter how volatile it might be in price movements on the short term, or even in the middle term, we are talking about something that is very strict when it comes to long term. Think of it as this way, look at the price on set date each year, and most of the time you will realize that bitcoin is higher and higher every year, except few years, it has gone up every year but the price is not at super high right now is it?

We are not looking at millions of dollars? It is once again at a level where we could say bitcoin is growing gradually over course of years. Sometimes it does that on short term too, goes down to only 18k which isn't that down and goes back up to 19k and not too high.
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December 16, 2020, 06:14:36 AM
 #36

I'd like to believe we have a big pump coming and we have a big surprise coming and whales are just positioning for a big surprise, the new all-time high is just $800 to $900 away it's manageable we just need a big 10% pump to set a new record and I hope the whales will deliver before the end of the year.
I think you are confusing bitcoin with altcoins.
It is altcoins that can be pumped and it is altcoin whales who can "surprise" you by their dumps and pumps. Simply because altcoin markets are very small and their whales control majority of their volume. There is also only one big altcoin exchange controlling 90% of the altcoin volumes and the rest are tiny.
In comparison bitcoin market is a lot bigger, whales are smaller compared to the total market and the exchanges each have a small share of the total volume usually around 10%.

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December 16, 2020, 07:05:21 AM
 #37

The price that dropped low to $18000 have now touched above $19200. People always expect the price to reach $20k. Following the growth of bitcoin there is no big change in the price of altcoins. Upon this, it looks like a growth with resistance. Maybe over the weekend we can see the market getting pushed above $20k if some big news roll out of the corporate networks.

Maybe yes or maybe it will go to the other side.

There's also chances that due to holiday season many holders will be cashing out especially those who already earning decent amount, they'll be needed some money to spent for their love ones. But still we can't guarantee anything as sentiments always base from how investors works along.
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December 16, 2020, 02:16:50 PM
 #38

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 Cool

I'd like to believe we have a big pump coming and we have a big surprise coming and whales are just positioning for a big surprise, the new all-time high is just $800 to $900 away it's manageable we just need a big 10% pump to set a new record and I hope the whales will deliver before the end of the year.

We are in positive side right now which can give the possibilities that we can see some good figures this year or maybe In next year so let's hope for something best to come so that we can see the price surpass to $20k and maybe if that will be reached by this year we will might get a healthy market next year.

Hopefully this will happen, because we haven't seen a healthy market until now,
Pump and Dump are always happening in the market, it looks like whales want to manipulate the price of Bitcoin,
we know there are still many whales who have large amounts of Bitcoin, and this makes the market unhealthy

Now we see it the new record has been landed and bitcoin price is continuously pumping now, for sure many are celebrating since the one who hodl their coins and trust bitcoins are so lucky today. Hopefully we can see more pump and we can reach for even $25k until the end of this year.

R


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December 16, 2020, 02:38:53 PM
 #39

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 Cool

I'd like to believe we have a big pump coming and we have a big surprise coming and whales are just positioning for a big surprise, the new all-time high is just $800 to $900 away it's manageable we just need a big 10% pump to set a new record and I hope the whales will deliver before the end of the year.

We are in positive side right now which can give the possibilities that we can see some good figures this year or maybe In next year so let's hope for something best to come so that we can see the price surpass to $20k and maybe if that will be reached by this year we will might get a healthy market next year.

Hopefully this will happen, because we haven't seen a healthy market until now,
Pump and Dump are always happening in the market, it looks like whales want to manipulate the price of Bitcoin,
we know there are still many whales who have large amounts of Bitcoin, and this makes the market unhealthy

Now we see it the new record has been landed and bitcoin price is continuously pumping now, for sure many are celebrating since the one who hodl their coins and trust bitcoins are so lucky today. Hopefully we can see more pump and we can reach for even $25k until the end of this year.
Despite the strong resistance we have been through at last we have seen Bitcoin reaching the $20k mark. After several attempts, Bitcoin manages to break the resistance. Honestly, I've been thinking that we will see the $20k mark through next year due to the fact that most of the people are now selling some of their holding for near Christmas but I was wrong. Now that we've been break the resistance I hope the next year we will seen Bitcoin reaching the $25k USD mark.



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Rainbot
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December 16, 2020, 02:46:44 PM
 #40

The stimulus issue form US government has been found a bright spot and I think most trader also most investor just buy bitcoin right now and make its price just up and up even its pricr has passed its all time high $20.000.

I believe its price will increasing drastically and reach another all time high and I guess it will pass $30.000 before the end of this year. As you can see now how fast bitcoin price move, if you use binance exchange you will knos how much people who enter to the market, because the server just busy to put my entry point to buy, it was crazy and now I just see its pricr up and up.
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