elisabetheva
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December 18, 2020, 11:17:48 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. bitcoin has several times done quite unusual things, he is fast to go up and fast also to go down at certain times he can play to survive so as not to penetrate at certain moments. when you want to break $ 20K it looks like bitcoin is having a hard time and continues to move erratically to go up and down, but if the opportunity arises, bitcoin can immediately reach $ 23K in just a matter of days. this is indeed extraordinary what bitcoin is doing today. Will it happen to hit $ 25K? Of course it could happen and maybe it could also happen to fall back to the position at $ 19K and we can't analyze it precisely for now. there will always be surprises until the end of this year. and this is not the end of the wait for bitcoin to surprise because next year, the highest ATH will be made by bitcoin. we are waiting for that.
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TheGreatPython
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December 19, 2020, 05:51:16 AM |
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Well, January 2021 is definitely a good place, I always favor giving some more time for bitcoin to go up, I even said we will see 20k+ in 2021 and not in 2020 yet we did see above 20k already in 2020 which is awesome. Which means we could see over 25k by this year without going to 2021 however if you give it more time that would be even easier to reach. Like saying we will be above 25k before 2030 gives a great amount of time for bitcoin but I know that is way too much for many people.
So, I would say there is a big chance we could reach to 25k before the year ends, I would give biggest possibility to that, I would say January 2021 would be less chance because it will happen earlier but it has that chance, the lowest chance right now would be never reaching that in the next 2 months and price crashing instead of going up and becoming under 18k once again.
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Janation
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December 19, 2020, 06:25:35 AM |
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The price is just going back and forth at $22K and $23K.
I guess we will be achieving the price at $25K this year or maybe next year because we should be bracing for the correction or maybe dump that would happen in the next few weeks. For now, just enjoy the price while we are still at it. We never know how long will it stay like that so it is better to do things that you won't be regretting in next month.
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Cnut237
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December 19, 2020, 07:54:44 AM |
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The price is just going back and forth at $22K and $23K.
I guess we will be achieving the price at $25K this year or maybe next year because we should be bracing for the correction or maybe dump that would happen in the next few weeks. For now, just enjoy the price while we are still at it. We never know how long will it stay like that so it is better to do things that you won't be regretting in next month.
I'm quite happy that it's bouncing around at $22-23k. We've had a massive end of year surge before, in 2017, and that really didn't end well. Slow and steady progression is much more desirable. Perhaps the caution we are seeing now is indicative of that new type of institutional investor.
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Review Master
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December 19, 2020, 08:06:08 AM |
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The price is just going back and forth at $22K and $23K.
I guess we will be achieving the price at $25K this year or maybe next year because we should be bracing for the correction or maybe dump that would happen in the next few weeks. For now, just enjoy the price while we are still at it. We never know how long will it stay like that so it is better to do things that you won't be regretting in next month.
Dump on the upcoming weeks maybe happen or it's just weekend dump, i guess. I don't know everyone notice this or not that bitcoin crash every weekend when stocks or ETF markets are closed. Than it pump slowly or instantly to a new ATH from the previous week. So if it happen again, bitcoin might be finished the milestone of 25k zone, imo. Also, it's right that take any risks what we can afford to lose.
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thecodebear
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December 19, 2020, 08:43:36 AM |
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I think we will see another leg up in this pump before any correction comes. $25k this month seems reasonable. I would expect a correction back under $20k in January though, but before then $25k or even a couple thousand higher I think is very doable. So far it's holding right around $23k pretty well since the $4000 pump a couple days ago.
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3meek
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December 19, 2020, 08:59:52 AM |
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After such a rapid growth there is bound to be a correction... So at the end of the year we will probably be able to see it... Although I would like to see a price of 25000 for 1 BTC!
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cryptomaniac_xxx
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December 19, 2020, 11:26:35 AM |
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After such a rapid growth there is bound to be a correction... So at the end of the year we will probably be able to see it...
Someday a correction is really going to happen, whether we stop at $25k in this rally or not, remains to be seen. Although I would like to see a price of 25000 for 1 BTC!
Who wouldn't, the question is are traders going to sell their BTC because it's a big mental barrier that we overcome already, or people are just going to HODL? Because there is a big chance that 2021 will bring more price spike, so massive that it's possible to break $50k?
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3meek
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December 19, 2020, 11:54:27 AM |
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After such a rapid growth there is bound to be a correction... So at the end of the year we will probably be able to see it...
Someday a correction is really going to happen, whether we stop at $25k in this rally or not, remains to be seen. Although I would like to see a price of 25000 for 1 BTC!
Who wouldn't, the question is are traders going to sell their BTC because it's a big mental barrier that we overcome already, or people are just going to HODL? Because there is a big chance that 2021 will bring more price spike, so massive that it's possible to break $50k? Anything can happen... ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Personally, I think the price will continue to rise, but the fall after a parabolic rise is usually severe... In my opinion, if you don't trade and don't think about bitcoin's price, you can wait for 100K per BTC in few years! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Ridwan Fauzi
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December 19, 2020, 11:55:08 AM |
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In the technical analyst, there is a strategy called Fibonacci time zone that can predict when the new high price can be achieved, but I haven't mastered it. Maybe some people here who have mastered the strategy can give an answer to your question, although it only had 70% to believe it when he was sure of his predictions.
As you may know, before bitcoin price passed $20.000 it needs a few weeks to broke the resistance. Some investors decided to take their profit first before he bought again. They only wait for the right time to buy bitcoin again, until we got the information from the stimulus and make them decide to buy bitcoin and make its price touch $23.800. But, I'm sure if this sentiment market still happens before the end of this year $25.000 can be passed.
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Maslate
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December 19, 2020, 12:38:18 PM |
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In the technical analyst, there is a strategy called Fibonacci time zone that can predict when the new high price can be achieved, but I haven't mastered it. Maybe some people here who have mastered the strategy can give an answer to your question, although it only had 70% to believe it when he was sure of his predictions.
As you may know, before bitcoin price passed $20.000 it needs a few weeks to broke the resistance. Some investors decided to take their profit first before he bought again. They only wait for the right time to buy bitcoin again, until we got the information from the stimulus and make them decide to buy bitcoin and make its price touch $23.800. But, I'm sure if this sentiment market still happens before the end of this year $25.000 can be passed.
This could be another story and next year might be different as well. The market resistance still strong, the current market demand keeps growing. However, I'm not sure this will keep on the line and I was thinking that it is really hard to make it reach. I'm waiting for how the trend change after Christmas Eve because if we are still seeing that it keeps on that way, then we can still be hopeful that it hits at $25k this year.
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Question123
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December 19, 2020, 01:50:44 PM |
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I like what people being positive now to the bitcoin and I hope it will continue what they are doing now and also predicting about bitcoin value in the last few months they have some people who are negative but now most of the thread that I saw is positive.
About price of the bitcoin is good and Im think that 25k dollars is possible to reach to the bitcoin anytime but if we want to be sure expect that next year if people continue buying bitcoin and panic selling.
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nrvasquez
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December 19, 2020, 02:03:33 PM |
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There are several reasons why the price of bitcoin has skyrocketed in the last few days. some people who buy bitcoin in large quantities make the demand increase drastically and it affects the price movement of bitcoin significantly. If on the last day of 2020 there is more similar news, for example a big company accepts bitcoin or someone else influences buying bitcoin, I think $25k will be achieved
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Noctis Connor
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 19, 2020, 02:09:41 PM |
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I think we will see another leg up in this pump before any correction comes. $25k this month seems reasonable. I would expect a correction back under $20k in January though, but before then $25k or even a couple thousand higher I think is very doable. So far it's holding right around $23k pretty well since the $4000 pump a couple days ago.
Maybe there are new investors around the world who shows some interest in bitcoin, we can expect what to be expected there are many theory about bitcoin not only this year but to upcoming year as you can see many investors want bitcoin to be in price range of $25-30k dollars and nothing is impossible and it can be an eye opener for those billionaire to see the real value of bitcoin and the real benefits they can get just by investing or by trading it into market cap.
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hossamdz
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December 19, 2020, 06:32:41 PM |
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its 19th December and we are already 24000 and higher.. so i think with this volatility and the fomo in the market 25k $ , 26 k$ and even 30 k $ in the next year are not hard target to hit , im just hoping that the other altcoins in the market wont be effected with the current situation of bitcoin .
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tabas
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 19, 2020, 07:54:28 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. Very unpredictable and bitcoin can still show more within the end of this year. We still have a week and a few more days before it ends. Many TAs have been ignored by this bull run. But, I saw some good TAs that are really pointing its move upwards and they got it correctly. While the others are giving those ignored TAs, some are considerably good with what they have.
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Maslate
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December 19, 2020, 08:33:50 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. Very unpredictable and bitcoin can still show more within the end of this year. We still have a week and a few more days before it ends. Many TAs have been ignored by this bull run. But, I saw some good TAs that are really pointing its move upwards and they got it correctly. While the others are giving those ignored TAs, some are considerably good with what they have. Bitcoin is still climbing, $25k now seems to be an easy target to achieved, the uptrend consistency that we are seeing makes me believe that nothing is impossible with bitcoin, even with the amount that we don't think it will achieved in a short period of time.
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KTChampions
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December 19, 2020, 11:09:21 PM |
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In the technical analyst, there is a strategy called Fibonacci time zone that can predict when the new high price can be achieved, but I haven't mastered it. ~
If this strategy had anything to do with reality, then many traders who follow it would already become millionaires, but for some reason this is not observed. In addition, there is another paradox: a profitable strategy, after it becomes known to everyone, ceases to be profitable (I think it's clear why).
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STT
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December 19, 2020, 11:57:25 PM Last edit: June 12, 2023, 02:06:58 AM by STT |
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Its just left the 2day average now so out performing prior momentum, the lows all yesterday and into the end of Friday were above the 2 day average. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F06%2F12%2FALaKw.png&t=665&c=66ndDJ6ypAlt8Q) The closing low here is the previous high reached during the week which is now where its receiving some buying. People expect a pullback in Bitcoin but it has to lose this fast momentum for that to occur first I think, otherwise 25k is quite feasible and last target I saw drawn up for a 5 wave move theory is 30k, thats not some estimate I can envision just what I hear.
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lukikato
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December 20, 2020, 04:20:29 AM |
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seeing this is likely the price will reach $ 40k because this is a very fitting moment to invest. and this will be a historical record that has ever existed, but the fact is I do not own bitcoin ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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