boltz
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December 17, 2020, 05:51:35 PM |
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There is no more big resistance wall for now so 25k$ should be peanuts if this rally will continue to burst like this. I would say that 28k$ until 31december will be achieved, followed by a settle in price around 30k$ that will last until spring when the real bull run will begin and Bitcoin will break 50k$ in a matter of days.
This is just my latest prediction because the bears are no more and FOMO is not even present for now.
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jrrsparkles
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December 17, 2020, 05:53:42 PM |
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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.
Even before the end of 24 hours from this thread was created the goal was reached already by 70% so it is possible to break 25% by this week itself in my opinion.Well Christmas may get some effect on the prices which was the scenario in 2017 as well so by the last week there will be some correction before the next term of bullish trend. This huge pump on bitcoin's price is really unexpected that we mostly assume that bitcoin will only reached $20K price before the end of the year 2020. But bitcoin's price turned out to be a good result that it already surpassed it's $20K price and it is now more than $23K, so I this is the best Christmas bonus and gift that I have received in my entire life. No one expected 20K before the end of 2020 even at the Q3 of 2021 because bitcoin faced huge crash on the price due to pandemic but able to recover quite fast in Q2 itself but after that it was staying at 8000 to 10000 range for a very long before we feel this mad bullish trend. Of course this is the best bonus for crypto investors but if make sure you utilise the spike well.
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buwaytress
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December 17, 2020, 06:16:55 PM |
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Since we're all here anyway, might as well break 25k this weekend. Heck it was 23870 this morning, why not, right?
January's better though. I'd still like to sell at the peak next month before we dip back down to 15k (en route to several 25k attempts before super rally heh heh).
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STT
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December 17, 2020, 06:23:50 PM Last edit: June 12, 2023, 02:07:43 AM by STT |
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Ok welcome to 2017 in that this area of prices is unknown space, the ATH comes without a clear path or debris from prior volume trading and in some ways that adds uncertainty but also makes the rise easier. Its fair to assume bullish but also I watch for levels of retraction and if we can hold up higher or revert back within the prior trend true since the election day. So about 50% retraction from the largest bar today would measure about 23k, I believe thats taken as very bullish to stay above there and its short term trading but what else do we have to go on but rough levels, 22775 the price is at right now and thats about the daily trend line up. As for OP target of 25k I posted some time back not my prediction but a main market trader plotted in 24k for the final end to this bullish cycle and Ive followed them some time and so will keep 24k in mind for a rough top which for the moment was in grasp of the ATH.
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Fredomago
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December 17, 2020, 06:32:22 PM |
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If the movement continues like this then of course 25k will be surpassed and perhaps 30k at the end of this year, considering the long holidays of Christmas and the end of the year are still hampered by the pandemic. For that reason, it seems very likely that this movement will continue without any correction because if there is a correction, even if it is a little bit, the existing panic will make the market more chaotic. So I believe, this season will be the best cryptocurrency market season when the world situation is complicated.
Still on it's brighter side, the price continues to rally and even there's slight fall bounce take place right after. If this strong movements continue then your statement is right. It will be a good month before this year may end, it can easily passed 25K mark and trying to reached up to 30K is very possible. As long as there are more investment to flow inside and strong hands continue to keep their coins, there's a lots of movement to expect.
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kawetsriyanto
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December 17, 2020, 11:20:40 PM |
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Bitcoin can reach $25,000 at the end of this year if the current positive trend continues and no sudden terrible big news in crypto. We can see the Bitcoin price can grow very fast yesterday, even it reached a new ATH ($23,642). Although I am not really sure, I think it is not impossible if Bitcoin can achieve $25,000 in the near future. No one can predict with 100% accuracy, mate! However, don't expect too much about it, we are better to analyze it with a proven way and set realistic targets for our crypto assets.
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TravelMug
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December 18, 2020, 01:20:29 AM |
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Bitcoin can reach $25,000 at the end of this year if the current positive trend continues and no sudden terrible big news in crypto. We can see the Bitcoin price can grow very fast yesterday, even it reached a new ATH ($23,642). Although I am not really sure, I think it is not impossible if Bitcoin can achieve $25,000 in the near future. No one can predict with 100% accuracy, mate! However, don't expect too much about it, we are better to analyze it with a proven way and set realistic targets for our crypto assets.
We already had some minor corrections already, after reaching as high as $23,500, it seems the market has dip to $22,500-$22,700 so I would say that maybe we may have seen some pullback so $25k will have to wait. Of course, I could be wrong, but TA indicates that we are in the overbought zone and we might see some resistance going to $25k in the next two weeks. So I wouldn't expect too much, I guess we should be happy seeing the price above $20k at the end of the year. And see an organic growth at the start of 2021.
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michellee
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December 18, 2020, 06:59:52 AM |
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Bitcoin can reach $25,000 at the end of this year if the current positive trend continues and no sudden terrible big news in crypto. We can see the Bitcoin price can grow very fast yesterday, even it reached a new ATH ($23,642). Although I am not really sure, I think it is not impossible if Bitcoin can achieve $25,000 in the near future. No one can predict with 100% accuracy, mate! However, don't expect too much about it, we are better to analyze it with a proven way and set realistic targets for our crypto assets.
We already had some minor corrections already, after reaching as high as $23,500, it seems the market has dip to $22,500-$22,700 so I would say that maybe we may have seen some pullback so $25k will have to wait. Of course, I could be wrong, but TA indicates that we are in the overbought zone and we might see some resistance going to $25k in the next two weeks. So I wouldn't expect too much, I guess we should be happy seeing the price above $20k at the end of the year. And see an organic growth at the start of 2021. It seems the price made a pullback this day as we see the price start to rise. The price now reaches $22,900 and the price could break $23k soon, and it could still increase higher. Yes, we are happy to see the price can touch $23k yesterday, although the price made another correction and increased the current price. The trend still goes up, and we hope that the next week's bitcoin price will have more power to increase. I wonder how the much higher bitcoin price will make the next ATH.
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Cnut237
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December 18, 2020, 08:51:01 AM |
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The minor corrections are welcome, really. It does look like some of that initial post-20k momentum has subsided, and it may well be that $25k provides some real resistance. Really I'm happy if we can continue to hold above that crucial $20k line for the next few weeks, to set up a solid basis for further growth.
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cryptomaniac_xxx
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December 18, 2020, 09:39:00 AM |
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Since we're all here anyway, might as well break 25k this weekend. Heck it was 23870 this morning, why not, right?
But a gain to $25k might be seen as a bubble and it could be burst anytime soon. We don't like that. The price is still hovering $23k but I think there will be resistance now. January's better though. I'd still like to sell at the peak next month before we dip back down to 15k (en route to several 25k attempts before super rally heh heh).
Or better yet, 2021 will be the year wherein we might see the price going upwards to $50k. But I correction will be due, before making this super rally comparable to 2017 bull run.
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hossamdz
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December 18, 2020, 10:48:15 AM |
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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 $21,000. I think we need to get over several support levels. It might not that easy, as we climb it's going to be harder.
That can be true but if the scenario of 2017 is going to happen again i think there is no current resistance that can stop the price from moving up , we already got a new ATH ever and +3000k$ in one night so the price can keep rising until we rich 25000$ , and more than 30000$ even , but im saying only if 2017 scenario happens again .. for the moment the liquidity should go for the altcoins , lets wait until bitcoin start moving again so we can set predections .
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buwaytress
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December 18, 2020, 12:31:34 PM |
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Or better yet, 2021 will be the year wherein we might see the price going upwards to $50k. But I correction will be due, before making this super rally comparable to 2017 bull run.
I'm okay with whenever, but yeah I can understand why it's interesting to see over 2x from ATH next year, hardly impossible but still far from my timeframe of reconsideration (years from now). Can't really recall how it was when we returned to the 1.xk ATH in 2017... how many times it needed to overcome resistance but yeah, we'll definitely experience corrections and profit-taking before we gain enough strength for a 2017-esque run. Not sure it'll happen at the same magnitude but here's wishing to it!
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blckhawk
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December 18, 2020, 03:01:56 PM |
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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.
We have approximately 1 and a half week remaining before this year ends thus it's been really tough to determine if Bitcoin will reach $25k. I tell you what, honestly, my prediction is that by the end of this year Bitcoin will only reach the $20k mark but look at it now it is $22k and it even reaches $23k so I was totally wrong, it seems I have no talent on prediction. Anyway, if Bitcoin reaches the $23k mark once again then I would say that there's a chance, we might see it on $25k before this year ends.
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meldrio1
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December 18, 2020, 05:03:58 PM |
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I guess there is a chance that it might achieve $25,000 before end of the year or maybe before in the Christmas day because bitcoin can easily go up so there is possible that it can achieve but if bitcoin can not hit $25,000 this Month, I don't think if we can see bitcoin hitting $25,000 in January 2021 maybe the bitcoin rally is over.
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Wysi (OP)
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December 18, 2020, 05:46:52 PM |
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I guess there is a chance that it might achieve $25,000 before end of the year or maybe before in the Christmas day because bitcoin can easily go up so there is possible that it can achieve but if bitcoin can not hit $25,000 this Month, I don't think if we can see bitcoin hitting $25,000 in January 2021 maybe the bitcoin rally is over.
I have similar thought that Bitcoin will achieve $25,000 before Christmas or end of the year because history is our proof that Bitcoin has dropped between Christmas and New year, but if we look at the rate at which Bitcoin has been surging in past couple of week it's quite evident that $25,000 will not be a big deal to achieve but finding a new resistance level will be quite a challenge on a longer run.
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eaLiTy
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December 18, 2020, 06:48:53 PM |
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But a gain to $25k might be seen as a bubble and it could be burst anytime soon. We don't like that. The price is still hovering $23k but I think there will be resistance now. The big fund houses that are investing heavily in BTCitcoin does know very well what they are getting into and we can view that as a bubble as all these big investors will dump the coins whenever they reach their target and we cannot do anything about that and BTCitcoin went from hardcore BTCitcoin enthusiast holding the coins to capitalism and that is a fact you cannot ignore and they do not really care about the fundamentals as they only look for profit.
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MelissaVorsteiner
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December 18, 2020, 08:56:59 PM |
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If anything goes well I think it's more than likely we'll see 25k for BTC this year.
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tabas
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December 18, 2020, 09:53:29 PM |
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If anything goes well I think it's more than likely we'll see 25k for BTC this year.
If the same speed it shows just as before it gets to $23k then it's very possible to see $25k by the end of the year. We see a sort of dip and slow down in the increase and it has to be dumping afterwards but it just didn't. $25k at the end of this year isn't exaggerated or unreal because it's very likely to be seen and you are right if things go well for bitcoin. We'll sure have another start for the next year and hoping that it won't be the start of the bear market.
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KTChampions
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December 18, 2020, 10:14:52 PM |
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The big fund houses that are investing heavily in BTCitcoin does know very well what they are getting into and we can view that as a bubble as all these big investors will dump the coins whenever they reach their target and we cannot do anything about that and BTCitcoin went from hardcore BTCitcoin enthusiast holding the coins to capitalism and that is a fact you cannot ignore and they do not really care about the fundamentals as they only look for profit.
You are right - this is the sad side of such an event as the interest in bitcoin on the part of large capital. And there is one more unpleasant thing - all this large capital strives to play strictly in the field of the law, therefore, it puts pressure on bitcoin and gradually makes it more regulated and censored. I do not like this.
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Oilacris
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 18, 2020, 10:23:26 PM |
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If anything goes well I think it's more than likely we'll see 25k for BTC this year.
If the same speed it shows just as before it gets to $23k then it's very possible to see $25k by the end of the year. We see a sort of dip and slow down in the increase and it has to be dumping afterwards but it just didn't. $25k at the end of this year isn't exaggerated or unreal because it's very likely to be seen and you are right if things go well for bitcoin. We'll sure have another start for the next year and hoping that it won't be the start of the bear market. When in talks about bear market then theres always a tendency yet we wont know on what would be the next movement of the price.Good thing for now is that it do able to withstood those corrections and pullbacks into its price on where it is trying to stagnant or maintain in 22k price and there might be some possible next big movement on breaking that 25k level. Its really hard to tell or making some assumption on breaking levels on this year.We didnt even expect for the price to break ATH and did even reach or touch almost 24k. This just signifies or shows on how unpredictable the market is.It can break tons of TA's analysis and predictions.
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