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Author Topic: BTC price increasing slowly.  (Read 314 times)
Kelvinid
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December 16, 2020, 02:56:04 PM
 #41

From what it showed today, I was wrong saying that it won't break the $20k wall this year.

We are still rallying high, moving to break $21k in a very short period of time, and I was looking forward to keeping the momentum and able to reach $25k before the year-end. I'm sure that only a few of us thinking the same way while more thinking about the dumps as it hits its new ATH. But despite the market challenges, we are still able to see the price at this high.

Cheers to everyone who keeps believing crypto and those who never give up understanding the volatility of the market Wink.

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Kong Hey Pakboy
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December 16, 2020, 04:56:26 PM
 #42

From what it showed today, I was wrong saying that it won't break the $20k wall this year.

We are still rallying high, moving to break $21k in a very short period of time, and I was looking forward to keeping the momentum and able to reach $25k before the year-end. I'm sure that only a few of us thinking the same way while more thinking about the dumps as it hits its new ATH. But despite the market challenges, we are still able to see the price at this high.

Cheers to everyone who keeps believing crypto and those who never give up understanding the volatility of the market Wink.
I also have expectations that bitcoin won't hit the $20K price this year of 2020. However, as they always say, always expect the unexpected; that is why bitcoin is always moving its price unexpectedly due to its volatility. I think it is a good thing because bitcoin has created its new ATH, that many people definitely have gained a considerable profit this year, so I hope this momentum would continue next year.

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December 16, 2020, 06:19:53 PM
 #43

a correction has occurred in the past few weeks and made the price of Bitcoin drop at the level of $ 17k,
of course that is quite a deep decline, because at that time the price of bitcoin was still at $ 19k,
and slowly recovery until now it is above $ 20k, yes this is amazing .

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December 18, 2020, 03:47:23 PM
 #44

Price increasingly slowly? I think it is all relative, as in a normal year most people who invest would be happy to see a 40-50% jump in the last 6 months of the year, it has done phenomenally well and is taking a Tesla like trajectory as we head into 2021. There have been a few corrections however and when they hit - the sell off is incredibly sharp, but the whales who own these coins maybe push too hard to take a profit and the market jitters are very contagious in this cryptocurrency.

R


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December 18, 2020, 11:53:51 PM
 #45

a correction has occurred in the past few weeks and made the price of Bitcoin drop at the level of $ 17k,
of course that is quite a deep decline, because at that time the price of bitcoin was still at $ 19k,
and slowly recovery until now it is above $ 20k, yes this is amazing .
After what we saw yesterday, bitcoin surprising us with the rally and make the price increase to $23k. But now, the bitcoin price gets a correction and the price still at $22k trying to rise. Maybe we will see another increase in the next week, which can make the bitcoin price increase to another higher price.

After we experienced that market spikes, corrections will follow everytime there's a huge increase. While there's another chance that we can buy bitcoin in low price, then don't ignore it. Hopefully after this we will see next week's recovery, keep monitoring to avoid missing every updates and sell your coins to earn additional profit.
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December 18, 2020, 11:56:16 PM
Last edit: June 12, 2023, 02:07:09 AM by STT
 #46

Till the stimulus bill passes it will be a speculative buy I think, when the news arrives then the gains solidify.   Over this weekend I expect we see some gains, it appears to be rising above the 2 day average at present.



23200 to 23300 is an area recently that capped most closing bars so something to watch, I think it does more next week though surely is slowing over some holidays.

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December 19, 2020, 07:02:27 AM
 #47

Keep in mind that these are uncharted waters, we are no longer below previous ATH that meant certain people had predefined unreasonable sell targets. Consequently the resistance against the current rise should be a lot less and the more time price stays above $20k the stronger the momentum will become.
Although the rise has slowed down but the momentum has also been very strong and hasn't gone away yet. We can expect more rises like what we had over the past 4 days to be repeated soon.

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December 19, 2020, 01:43:57 PM
 #48

We are living new highs, right now everything is possible, although there is still a long way to go, the times we are living are good, the price may be maintained around Christmas, even continue to rise, the demand is increasing, something similar to what happened in 2017 but current events are very different from those of that time, now the growth of Bitcoin is really something great but you must still operate with caution, the best for now is Hodl and wait for what should rise to rise .

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December 19, 2020, 02:11:15 PM
 #49

We are living new highs, right now everything is possible, although there is still a long way to go, the times we are living are good, the price may be maintained around Christmas, even continue to rise, the demand is increasing, something similar to what happened in 2017 but current events are very different from those of that time, now the growth of Bitcoin is really something great but you must still operate with caution, the best for now is Hodl and wait for what should rise to rise .
yeah, I thought also that it drops back after it reaches $20k but it is too unexpected that it continues to rise. Besides, only a few people will think that $20k had come to reality because most of us are thinking that the market trend will look the same as the 2017 Bullrun.

Does history repeat itself? It is more than that, and as the market existed longer, the more it increases the price.
I'm nowhere to think that this momentum will keep until next year but I was hoping then to stay.

R


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December 19, 2020, 04:43:53 PM
 #50

Only 40 more dollars to reach 24K margin as per preev, which is a sign that we are still far behind the new all time high?

But the sudden spike in the prices too often is nit really a good sign though, probably a correction is ahead before a new time high I guess.









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Xinarae*
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December 20, 2020, 09:05:01 AM
 #51

For those who invest in Bitcoin the rise in the price of Bitcoin is slowly but surely a lot of good news. Traders are becoming more profitable and everyone is coming in. Prices may go up further crypto is becoming more popular because whales can't hit the market. Although Bitcoin is not yet legalized in many countries it is gaining popularity. The price of cryptocurrency or virtual currency Bitcoin will fluctuate. Although Bitcoin is slowly recovering the demand for it will increase if the market expands.
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December 20, 2020, 01:16:26 PM
 #52

We are all indeed happy for the bitcoin as of now, as it reaches all time high $22k. And it is continuously rising up, they are thinking that it might hit $25k before this year ends and it is not impossible from happening since the price is already at $22k. For those who want to invest, they should wait for the time that the price decrease atleast a little bit. Investing or buying some bitcoin as of now is not a good idea since the price already at its high value.
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December 20, 2020, 01:19:30 PM
 #53

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
And 5 days after this , Bitcoin make the Best movement recorded again ,because in just a day it increase more than 5,000$ if i'm not mistaken.

Making the another ATH and until now almost every Day making a Higher record.

No wonder the silence now is the Indication of Breaking the Barricade of 25k to make the 30k target as of 2020.

Only 40 more dollars to reach 24K margin as per preev, which is a sign that we are still far behind the new all time high?
Nope because 24k ahs been broken yesterday All Time High   
$24,085.86 USD
(Dec 19, 2020) and now fell a little bit again.

Quote
But the sudden spike in the prices too often is nit really a good sign though, probably a correction is ahead before a new time high I guess.
For me? correction may come now But not as bad as the last correction in 2018 ,because the Value of Investors now are not generic ,True investors are in the house now

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December 20, 2020, 03:11:25 PM
 #54

Not slowly so much anymore Cheesy It was obvious that when price was declining to go down that eventually we would see a big increase. When it peaked above the ATH level for the first time and crashed few times after that, it never really went under 16k, and once under 17k usually stayed above 17k and even 18k, all those crashes that didn't go on and became even bigger crash told me easily that price was not going down, if it were to go down it would have done that long time ago, but it stayed up and higher.

So I believed it wouldn't fall, it would go up, and it did just that, I am quite happy that price didn't went down, it went higher. I personally want to see people not go crazy over this kind of increase, it is obvious that we are doing awesome right now but a lot of people lost money on 2018, be ready for a fall and get out if it does go down too much.

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December 20, 2020, 05:31:59 PM
 #55

It is not going to be a sudden change for now, but it looks like it is thinking instead of moving. The whole market is thinking right now, nobody really knows what they will do, there is nobody that would be willing to actually put all their money into crypto right now, or get out completely neither, because we are all thinking what we are going to do.

I haven't decided yet, I don't know what I am going to do in the near future, but for now it looks like there is a huge gap in today's price and what it will happen for a period, not the price because prices could move slowly during this period, but there will be a gap in time until the next thing happens. Maybe we are waiting for something like a big news or a big deal in order to make a decision based on that?
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December 21, 2020, 09:37:11 AM
 #56

Only 40 more dollars to reach 24K margin as per preev, which is a sign that we are still far behind the new all time high?

But the sudden spike in the prices too often is nit really a good sign though, probably a correction is ahead before a new time high I guess.

you are wrong, bitcoin has now reached more than $ 24,
and this is a new ath, of course this Fomo will still take a long time, a correction may occur,
but don't turn your back on bitcoin.



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December 21, 2020, 10:14:25 AM
 #57

All the way up. Who believed in Bitcoin deserve this day! One thing is very clear, stacking sats over time should always be better choice than stacking USD. Bitcoin having a decent pump recently, but in my opinion Bitcoin worth more, taking about USD value simply worthless. However, I don't mind BTC moving slowly. Slowly but surely BTC worth more in the upcoming days.
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