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Author Topic: $25,000 can be achieved by end of year? Or January 2021?  (Read 7366 times)
Wysi (OP)
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December 16, 2020, 07:53:57 PM
 #1

Finally we have achieved the most awaited mark of $20,000 now what's next? Do you think Bitcoin will cross the next landmark of $25,000 by the end of the year or it might happen in 2021? As per my earlier prediction based on market analysis I thought the value of Bitcoin will cross $20,000 by second week of December which seems bit sceptical at the beginning of this month but now it has come true and of my prediction goes right then Bitcoin will reach $25,000 by the end of this month as next 14 days will be more bullish or chaotic.

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December 16, 2020, 08:18:46 PM
 #2

after seeing the revulsion of bitcoin, now it isn't impossible for it to reach $25k on January 2021 even within this months. But i think the price won't be able to cross $22k, cause this is the perfect time and many people taking advantage of it by start selling bitcoin so that to avoid loss.whales may do the same and that'll dump the bitcoin market.but i belive bitcoin will hit $25k sooner or later

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December 16, 2020, 08:47:58 PM
 #3

The last time bitcoin reach 20k in 2018 we seen that bitcoin price drope alote after that and im really curious to know what will happen this time...its really frustrating if bitcoin will down again this time and i really wish 25k will came in the beggening of the new year
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December 16, 2020, 10:45:04 PM
 #4

$25k on the 25th, that would be something!

R


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December 16, 2020, 10:54:21 PM
Last edit: December 16, 2020, 11:18:29 PM by Hamphser
 #5

Finally we have achieved the most awaited mark of $20,000 now what's next? Do you think Bitcoin will cross the next landmark of $25,000 by the end of the year or it might happen in 2021? As per my earlier prediction based on market analysis I thought the value of Bitcoin will cross $20,000 by second week of December which seems bit sceptical at the beginning of this month but now it has come true and of my prediction goes right then Bitcoin will reach $25,000 by the end of this month as next 14 days will be more bullish or chaotic.
Really hard to tell because i did make out some analysis of my own and do ending up on breaking 20k price in next years to come but it seems it didnt really follow that one
and now we did break the roof and the price is still clinging up until to this very moment. 25k is a bit high already but moving 4k usd in a matter of weeks wont really be
that hard depending if the price movement will be something like this but i doubt that the rally wont really be that take too long.
For next year then this is most likely where the price can reach out but expect that there would be some nasty correction soon.

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December 16, 2020, 11:17:34 PM
 #6

Finally we have achieved the most awaited mark of $20,000 now what's next? Do you think Bitcoin will cross the next landmark of $25,000 by the end of the year or it might happen in 2021? As per my earlier prediction based on market analysis I thought the value of Bitcoin will cross $20,000 by second week of December which seems bit sceptical at the beginning of this month but now it has come true and of my prediction goes right then Bitcoin will reach $25,000 by the end of this month as next 14 days will be more bullish or chaotic.

next: go to work! Smiley
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December 16, 2020, 11:29:26 PM
 #7

Bitcoin makes a new ATH today -> $ 21,458...
Bitcoin trading volume in the last 24 hours has been enormous, looks like before this year ends we will see Bitcoin priced at $ 25k. *we will see all the news reporting this Bitcoin bullish


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December 16, 2020, 11:39:44 PM
 #8

Bitcoin makes a new ATH today -> $ 21,458...
Bitcoin trading volume in the last 24 hours has been enormous, looks like before this year ends we will see Bitcoin priced at $ 25k. *we will see all the news reporting this Bitcoin bullish
Nice!  At this point there is just 'blue sky' above, but I fear if it shoots up too quickly we will be due for a hard reset/crash at some point. 
Maybe if we make it to say, 30K then 'crash' back to 21K it won't really matter   Cool Shocked
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December 16, 2020, 11:44:12 PM
 #9

Finally we have achieved the most awaited mark of $20,000 now what's next? Do you think Bitcoin will cross the next landmark of $25,000 by the end of the year or it might happen in 2021?

Let's see, don't get over excited to see the price going above $21,000. I think we need to get over several support levels. It might not that easy, as we climb it's going to be harder.

As per my earlier prediction based on market analysis I thought the value of Bitcoin will cross $20,000 by second week of December which seems bit sceptical at the beginning of this month but now it has come true and of my prediction goes right then Bitcoin will reach $25,000 by the end of this month as next 14 days will be more bullish or chaotic.

Good prediction, I think everyone is really optimistic that we can break $20,000 this year. The market remains relatively calm entering December, that is a sign that something or someone is preparing to make the market very bullish, and this want happens today. Out of nowhere, boom new all time highs.

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December 16, 2020, 11:48:31 PM
 #10

I think there is a long road to 25k, I wouldn't even be surprised if we see 19 again. I do believe that as big business continues to invest with deep pockets 25k is inevitable.
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December 16, 2020, 11:52:00 PM
 #11

I think there is a long road to 25k, I wouldn't even be surprised if we see 19 again. I do believe that as big business continues to invest with deep pockets 25k is inevitable.

I believe, we need to be conservative with our estimates. It is not that we already achieved a new ATH that we are now aiming again for a much higher one. Though it is very positive to see bitcoin going up like this but if you have funds that is critical on this investment, you need to be smart on how you do things here.
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December 16, 2020, 11:58:43 PM
 #12

If about the possibility, then a big yes. Only if the same trend will continue from now on.

But is this really matters? Just watch the current trend without thinking of reaching $25,000 by end of the year.

It's already an achievement that Bitcoin reach another ATH, let's just enjoy the show and don't expect right away for another milestone.
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December 17, 2020, 12:04:39 AM
 #13

Not sure about reaching $25k - it is possible. But you can be sure as hell that there will be a savage dump before the year's out

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December 17, 2020, 12:04:51 AM
 #14

This is the crazy bull run happening with bitcoin, Never seen such a strong bull, I was hoping for a small correction since 17K, but it never happens, Did short 4 times and got REKT 4 times, I don't think you should short in a bull run, arghhh learned such a bad way, so many regrets...

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December 17, 2020, 12:14:44 AM
 #15

Yes, in my opinion it could be achieve of course. In bitcoin you can expect the unexpected things to happen. This is why I had believe in this system before when I was new in cryptocurrency. Other altcoins may do good but there id only one coin that can do better and that is no other than bitcoin. So, to those who had not been able to anticipate bitcoin bull run then maybe next time it would be greater chance to anticipate with.
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December 17, 2020, 02:09:21 AM
 #16

Not sure about reaching $25k - it is possible. But you can be sure as hell that there will be a savage dump before the year's out

Agree with you because this what happened in 2017 as well after a massive bullrun BTC price dropped continuously, also those who were waiting from so long time don't be greedy from now few days are very critical like the price may go up more or drop massively. This anticipated bullrun was really excited and I hope it will continue.









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December 17, 2020, 02:10:52 AM
 #17

What I am worried about to happen is the same what happened last December 2017, which Bitcoin peaked at its all-time high, around $19,000, and starting on next year's January, Bitcoin started to drop and altcoin season was started, which a really huge run for altcoins before.
It's just speculation, I don't want it to happen again and it's more likely NOT will gonna happen especially on what Bitcoin did from $10,000 up to this current price, it's a more healthy price action compared to the previous all-time high, healthy pumps and corrections.

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December 17, 2020, 02:34:33 AM
 #18

What I am worried about to happen is the same what happened last December 2017, which Bitcoin peaked at its all-time high, around $19,000, and starting on next year's January, Bitcoin started to drop and altcoin season was started, which a really huge run for altcoins before.
It's just speculation, I don't want it to happen again and it's more likely NOT will gonna happen especially on what Bitcoin did from $10,000 up to this current price, it's a more healthy price action compared to the previous all-time high, healthy pumps and corrections.
If you compare, I think a better comparison is to compare this year bull run with 2016 bull run. The capital movements from bitcoin to altcoins can help top altcoins to rock. I don't know when it will happen the condition is bitcoin won't crash and set up its new stable price higher than $20k. Stable price of bitcoin will help top altcoins to rise.

IMO, the price of bitcoin is reasonable if take into consideration how high some DeFi tokens reached in August to September this year. Today YFI token has its price higher than $27k. Why not $27k for bitcoin? Why not?

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December 17, 2020, 03:32:13 AM
 #19

after seeing the revulsion of bitcoin, now it isn't impossible for it to reach $25k on January 2021 even within this months. But i think the price won't be able to cross $22k, cause this is the perfect time and many people taking advantage of it by start selling bitcoin so that to avoid loss.whales may do the same and that'll dump the bitcoin market.but i belive bitcoin will hit $25k sooner or later

Wrong. It did! New all-time high is $22,066 (based on CoinMarketCap chart) before it came down to $21,700+ as of this time of posting. But this is in a hyper parabolic growth rather than being "steady", in which it can result later on to a parabolic retracement or correction as well. $25k is imminent and possible by the end of 2020, so we'll see about that before the year ends. However, there would be a big price drop (maybe next week or so because a lot of people are gonna cashout and buy Christmas gifts) before we start to see another big bull run (if the bulls could keep their momentum).


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December 17, 2020, 05:44:07 AM
 #20

After the bitcoin price increase to $21k, bitcoin will have more chances to break $22k, but we need to wait for more because it seems $21k is the place for bitcoin to reach right now. But it will go up again after more support comes to the market, giving more chances to bitcoin to increase. But usually, after the bitcoin price touches the highest price, the price will go down for a while and adjust it before the price increase again. It is a good moment for people to enjoy their profit while they can.

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