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Author Topic: Congrats Bitcoin Community. Today is $20k day!  (Read 540 times)
AmoreJaz
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December 17, 2020, 04:29:14 AM
 #21

Another milestone for the hardcore hodlers.
Question.. how long would you be hodling? Rather what specific price range would you prefer before selling?

So, it seems that the 3-year new ATH is really becoming a trend now, after 3 consecutive post halving bullish predictions really happened.
Well, I guess the $30k mark might be the next strong resistance level.


will only sell when it's necessary. we may experience dump as some users who bought it at about 10k level may be tempted to sell their stash, giving them good amt of profit. if more institutional investors will keep on buying BTC, we will really see a good jump in price before the year ends. for sure, there are wealthy individuals who are also secretly stashing their own BTCs.  Grin Grin
some were already losing hope that they will not see the ATH price this year. but here we come, just middle of this month and we already achieved a new ATH.

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December 17, 2020, 05:24:22 AM
 #22

Another milestone for the hardcore hodlers.
Question.. how long would you be hodling? Rather what specific price range would you prefer before selling?

So, it seems that the 3-year new ATH is really becoming a trend now, after 3 consecutive post halving bullish predictions really happened.
Well, I guess the $30k mark might be the next strong resistance level.


will only sell when it's necessary. we may experience dump as some users who bought it at about 10k level may be tempted to sell their stash, giving them good amt of profit. if more institutional investors will keep on buying BTC, we will really see a good jump in price before the year ends. for sure, there are wealthy individuals who are also secretly stashing their own BTCs.  Grin Grin
some were already losing hope that they will not see the ATH price this year. but here we come, just middle of this month and we already achieved a new ATH.

Most of people who bought at 10k level already sold at 19k or 20k. There are too many buyers so price will keep rising but we are also due for correction so I think $30k mark will be a tough target to achieve.
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December 17, 2020, 06:04:47 AM
 #23

Congratulations people. We are seeing a new ATH now. Bitcoin price hit more than $21k, which we are already waiting for a long time ago. I am sure that many people use this moment to sell their bitcoin and waiting for another ATH. But behind this, we need to be ready for another correction that might happen at the weekend. I hope you don't forget to profit while you can because we never know when the price will get a correction. I guess that bitcoin price can break $22k this week, so you can wait for anything that can happen to bitcoin.

$22k already got broken tonight. $20k, $21k, and $22k for the first time today. Currently above $22k. I'm thinking we could see $24k/$25k this month before any correction.
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December 17, 2020, 06:06:52 AM
 #24

Another milestone for the hardcore hodlers.
Question.. how long would you be hodling? Rather what specific price range would you prefer before selling?

So, it seems that the 3-year new ATH is really becoming a trend now, after 3 consecutive post halving bullish predictions really happened.
Well, I guess the $30k mark might be the next strong resistance level.


$100k is my main target for selling. Hoping end of next year price is over $100k and I sell just over $100k. Selling won't even start to cross my mind until it gets over $80k.
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December 17, 2020, 09:22:38 AM
 #25

JUST IN:

Bitcoin's price: $23,354 CMC
Preev: $23,420

This is making me crazily happy!  Tongue


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December 17, 2020, 09:29:01 AM
 #26

Congratulations people. We are seeing a new ATH now. Bitcoin price hit more than $21k, which we are already waiting for a long time ago. I am sure that many people use this moment to sell their bitcoin and waiting for another ATH. But behind this, we need to be ready for another correction that might happen at the weekend. I hope you don't forget to profit while you can because we never know when the price will get a correction. I guess that bitcoin price can break $22k this week, so you can wait for anything that can happen to bitcoin.

$22k already got broken tonight. $20k, $21k, and $22k for the first time today. Currently above $22k. I'm thinking we could see $24k/$25k this month before any correction.

We are now at $23.3k and it's projected to break the $25k mark and for sure many are celebrating for the current gain we've got especially for traders who keep watching the market since for sure they are earning a thousand of bucks right now. Hopefully we can reach to $30k since it will bring different to bitcoins adoption on next year.

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December 17, 2020, 10:38:27 AM
 #27

$20k!

It's either a day or two away from being exactly 3 years from the peak of the last market cycle when Bitcoin came soooo close to hitting $20k (granted the global price I guess did pass $20k but in USD markets it came up just short). And now almost to the day 3 years later it surges past $20k to signal the bull run has truly begun!

It's gonna be a good next year!
wow 2017 will no longer be the reference for bitcoin biggest rises, now 2020 is rocking with so many ATH being broken every so on. $22.7k now in preev, just wow incredible! My condolences to those who sold their bitcoin at half that number because they think BTC is dying!

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December 17, 2020, 11:37:06 AM
 #28

JUST IN:

Bitcoin's price: $23,354 CMC
Preev: $23,420

This is making me crazily happy!  Tongue
Bitcoin is touching a new ATH today, so amazing...

wow 2017 will no longer be the reference for bitcoin biggest rises, now 2020 is rocking with so many ATH being broken every so on. $22.7k now in preev, just wow incredible! My condolences to those who sold their bitcoin at half that number because they think BTC is dying!
those who sell their Bitcoin for no reason there is an urgent need must be very sad now.  Bitcoin value continues to rise, it is likely we will see $ 25k in the near future (before 2021)..


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December 17, 2020, 11:40:05 AM
 #29

Congratulations people. We are seeing a new ATH now. Bitcoin price hit more than $21k, which we are already waiting for a long time ago. I am sure that many people use this moment to sell their bitcoin and waiting for another ATH. But behind this, we need to be ready for another correction that might happen at the weekend. I hope you don't forget to profit while you can because we never know when the price will get a correction. I guess that bitcoin price can break $22k this week, so you can wait for anything that can happen to bitcoin.
Patience is the key to success and I am sure every investor that bought during the previous ATH price will be counting their profit now while those that sell at a lost price will feel sad for their impatient opinion. However, i can see the market has experienced a fraction form of correction and i expect the main correction of happening when it almost Christmas.

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December 17, 2020, 11:57:27 AM
 #30

$20k!

It's either a day or two away from being exactly 3 years from the peak of the last market cycle when Bitcoin came soooo close to hitting $20k (granted the global price I guess did pass $20k but in USD markets it came up just short). And now almost to the day 3 years later it surges past $20k to signal the bull run has truly begun!

It's gonna be a good next year!
actually correction it's 23,586$ mate  Grin

The Highest ever value of bitcoin recorded few hours ago and this will be remembered for another long time again.

Because i think that market is stabilizing now and that High price would be the Highest so far this year.

exactly 2 weeks from now and the record was created,This would be bringing a Very Happy and Prosperous Xmass and NewYear to all of those who believe in Crypto, and lot of tears to those who refuse and bring fud to this community.

Enjoy all the days of 2020 and be prepare for the next .
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December 17, 2020, 11:57:43 AM
 #31

I wonder who wins in the Coinmarketcap prediction contest, he is or they are lucky to have guessed the right time and day to predict the right time when Bitcoin will reach the $20000 level, I hope there will be no crash that is going to happen just like what we experienced in 2017, it's been a roller coaster ride this year but Bitcoin made it to the top I hope it will stay in the $20000 level the whole month and rise again.

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December 17, 2020, 03:05:51 PM
 #32

Thank God! I can't believe we are finally over $20k, for the past month or so we have been waiting for bitcoin to reach above $20k and we are finally here, this is one of the happiest moments of my life. I would like to point out to other people who are new because they saw this news that do not be worried, first of all bitcoin always has moments where it will go down so you can buy when it goes down.

Secondly you can always put your money in altcoins as well, they are there to make you money, most of them do not worth that much in bitcoin right now, less than what they used to, they worth decent in dollar price but they are not worth much in bitcoins, so you if you think you are late to bitcoin party, you could always buy altcoins and hope that they go up.
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December 17, 2020, 10:33:54 PM
 #33

$100k is my main target for selling. Hoping end of next year price is over $100k and I sell just over $100k. Selling won't even start to cross my mind until it gets over $80k.

What % of your stash are you planning to sell?

It might be a brilliant place to sell if we're looking at a 2013 scenario, where we had a mini bubble in April followed by the big blowout in November. The April run topped ~7x above the 2011 ATH, then the market crashed 83%. You'd make a killing on that.

I'm a little worried we're looking at something different though. If it's more like 2017, we could go straight to $300K before the bubble pops. Selling everything at $100K would be extremely painful in that case.

Just something to consider. Tongue

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December 17, 2020, 10:53:16 PM
 #34

$20k!

It's either a day or two away from being exactly 3 years from the peak of the last market cycle when Bitcoin came soooo close to hitting $20k (granted the global price I guess did pass $20k but in USD markets it came up just short). And now almost to the day 3 years later it surges past $20k to signal the bull run has truly begun!

It's gonna be a good next year!
wow 2017 will no longer be the reference for bitcoin biggest rises, now 2020 is rocking with so many ATH being broken every so on. $22.7k now in preev, just wow incredible! My condolences to those who sold their bitcoin at half that number because they think BTC is dying!

Yes, as I have said before, there are no ceiling, maybe the new norm will be $20k++ at the end of the year. But wait, we are just starting up this bull run, I'm expecting a big run next year, $30k or even higher that we never expected. And again, for those who sold early? wait for the price to dip, that is if we are going to see bitcoin going below 5 digits again.  Grin

 
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December 18, 2020, 04:07:11 AM
 #35

Congratulations people. We are seeing a new ATH now. Bitcoin price hit more than $21k, which we are already waiting for a long time ago. I am sure that many people use this moment to sell their bitcoin and waiting for another ATH. But behind this, we need to be ready for another correction that might happen at the weekend. I hope you don't forget to profit while you can because we never know when the price will get a correction. I guess that bitcoin price can break $22k this week, so you can wait for anything that can happen to bitcoin.

$22k already got broken tonight. $20k, $21k, and $22k for the first time today. Currently above $22k. I'm thinking we could see $24k/$25k this month before any correction.

We already hit the $23,700 level yesterday, but then the price is down, and I think that is because the price makes a correction so that we can buy back bitcoin at a low price. But the price is trying to increase again, and if you check on the market, the moving of bitcoin to grow is still there, and the price can get more supports this day. We will back to see $23k again soon, and we will see bitcoin price breaks the highest price again.

$23,700 will be the new ATH for bitcoin after we wait for a while this year. Perhaps, another new ATH will be coming in the next year, but we might see another new ATH in the next week. 

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December 18, 2020, 04:08:25 AM
 #36

My condolences to those who sold their bitcoin at half that number because they think BTC is dying!
I'm one who sold early though I'm not thinking of bitcoin is dying. But that's just me, who wasted opportunity through selling at half of what we've got today. Still a lesson, an expensive lesson, a painful lesson but I'm still happy that I've got to ride the fun for bitcoin. Still got something left on my stash.

JUST IN:

Bitcoin's price: $23,354 CMC
Preev: $23,420

This is making me crazily happy!  Tongue
Bitcoin is touching a new ATH today, so amazing...
Amazing at it is.  Cool

Are we having the support already?


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December 18, 2020, 05:46:50 AM
 #37

$100k is my main target for selling. Hoping end of next year price is over $100k and I sell just over $100k. Selling won't even start to cross my mind until it gets over $80k.

What % of your stash are you planning to sell?

It might be a brilliant place to sell if we're looking at a 2013 scenario, where we had a mini bubble in April followed by the big blowout in November. The April run topped ~7x above the 2011 ATH, then the market crashed 83%. You'd make a killing on that.

I'm a little worried we're looking at something different though. If it's more like 2017, we could go straight to $300K before the bubble pops. Selling everything at $100K would be extremely painful in that case.

Just something to consider. Tongue

I don't think you should set a price to sell for like $50K or $100K or $500K, you should sell based on what the price is doing.

If you look at the previous bull and bear cycles, there is usually a sharp rejection (2011,2013,2017) and there is a bounce to at least 50% from the top and if you sell then, usually its the highest low before starting the bear cycle.

You can even use fibs. Either 50% or 61.8% fibs would work. So you can either guess and sell everything today at $23K or wait for it to hit like $50K, lose half its value going to $25K, and then wait for the 50% bounce and sell everything at $37.5K. Its not $50K but easier than guessing and selling everything at $23K.

So whatever the ATH is, sell 50% from that ATH on the bounce.
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December 18, 2020, 05:57:15 AM
 #38

Congratulation to all of us.

It's been a long and tough year, a lot of things happened, and right now seems so bright when it comes to Bitcoin's future. We are not just waiting for what will happen next year since, in my opinion, I think it would be the year when Bitcoin will be widely adopted. Since Paypal started it, we never know which platforms will step next.
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December 18, 2020, 06:43:56 AM
 #39

$20k!

It's either a day or two away from being exactly 3 years from the peak of the last market cycle when Bitcoin came soooo close to hitting $20k (granted the global price I guess did pass $20k but in USD markets it came up just short). And now almost to the day 3 years later it surges past $20k to signal the bull run has truly begun!

It's gonna be a good next year!
It's gonna be one of the best Newyear and Christmas for sure , I must admit that this event brings me more than 120% profit and i doubt that days ago i was thinking to Sell out just to make my Holiday season stress free and pure of happiness .

But this is a pure happiness and enjoyment ,Seeing your wallet increasing its Value.

Congratulation to all of us.

It's been a long and tough year, a lot of things happened, and right now seems so bright when it comes to Bitcoin's future. We are not just waiting for what will happen next year since, in my opinion, I think it would be the year when Bitcoin will be widely adopted. Since Paypal started it, we never know which platforms will step next.
What i am waiting is more institutional investors getting inside and trusting Bitcoin though this wont happen this season because the price is really high and they will wait for correction to enter and invest.

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December 18, 2020, 07:29:32 PM
 #40

What % of your stash are you planning to sell?

It might be a brilliant place to sell if we're looking at a 2013 scenario, where we had a mini bubble in April followed by the big blowout in November. The April run topped ~7x above the 2011 ATH, then the market crashed 83%. You'd make a killing on that.

I'm a little worried we're looking at something different though. If it's more like 2017, we could go straight to $300K before the bubble pops. Selling everything at $100K would be extremely painful in that case.

Just something to consider. Tongue

I don't think you should set a price to sell for like $50K or $100K or $500K, you should sell based on what the price is doing.

If you look at the previous bull and bear cycles, there is usually a sharp rejection (2011,2013,2017) and there is a bounce to at least 50% from the top and if you sell then, usually its the highest low before starting the bear cycle.

You can even use fibs. Either 50% or 61.8% fibs would work. So you can either guess and sell everything today at $23K or wait for it to hit like $50K, lose half its value going to $25K, and then wait for the 50% bounce and sell everything at $37.5K. Its not $50K but easier than guessing and selling everything at $23K.

So whatever the ATH is, sell 50% from that ATH on the bounce.

Yeah, that was my old mentor's system: wait until the bubble pops and then sell the bounce. It's the only way to hedge against the exponential upside, which can't be predicted beforehand.

That's what I did in 2013 and 2017. You won't hear me claiming I sold the top of every bubble like some people around here! Roll Eyes

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