Sithara007
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December 20, 2020, 04:51:25 AM |
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Looking at the current trend, it looks like the exchange rates may breach the $25,000 level within the next few days (we're only around 1K away from that mark right now). But once we reach $25,000, we can expect a major correction, as a result of heavy profit booking from traders who accumulated coins at sub-20,000 levels. Therefore I am not sure whether the prices will remain above $25,000 by the end of the year.
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KTChampions
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December 20, 2020, 04:12:23 PM |
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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%2Fi.imgur.com%2FjsVwkq9.png&t=665&c=L4mE4JK43m93XQ) 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. Given the fact that after 22k many people began to take profits (partially or completely out of bitcoin), bitcoin now looks very good. Therefore, I agree with those who are looking towards 30k, this is a very real level to which bitcoin will go in the near future. At least for me it would be logical.
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Raflesia
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December 20, 2020, 04:55:45 PM |
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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%2Fi.imgur.com%2FjsVwkq9.png&t=665&c=L4mE4JK43m93XQ) 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. Given the fact that after 22k many people began to take profits (partially or completely out of bitcoin), bitcoin now looks very good. Therefore, I agree with those who are looking towards 30k, this is a very real level to which bitcoin will go in the near future. At least for me it would be logical. This might happen after I saw that the price of bitcoin was at $ 24k, it's quite easy to see that after entering January, a significant movement is usually felt as soon as it happens, today many people are still taking advantage of bitcoin by judging that it will be even bigger, isn't it? did the prediction before say that? Now all that's answered after going through the halving last month and now we are enjoying the results and seeing how valuable bitcoin is.
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Pamadar
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December 20, 2020, 05:13:58 PM |
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Looking at the current trend, it looks like the exchange rates may breach the $25,000 level within the next few days (we're only around 1K away from that mark right now). But once we reach $25,000, we can expect a major correction, as a result of heavy profit booking from traders who accumulated coins at sub-20,000 levels. Therefore I am not sure whether the prices will remain above $25,000 by the end of the year.
You must have a good setup plans in case correction take place after reaching this level. Not far and it's really achievable if you are looking to this current market, the momentum still positive for the upward trend. It might be more ambitious and try to break more than this barrier and build a much stronger area after this year.
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Oilacris
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December 20, 2020, 06:45:26 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. 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. Try to look at the situation when we are still tending or trying to break out 20k but it did really make up some several rejections and eventually it did able to break and reach new numbers. This is the same when we are trying to break 25k price point or lets say 24k where we cant really go past beyond this line, second time around as of this moment. Price is somewhat playing into this level again and become stagnant or moving sideways but there always the possibility for next movement maybe on this year end of on early 1st quarter of year 2021. We shouldnt hurry because anything can happen in the right time..No need to rush up though..
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7788bitcoin
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December 20, 2020, 09:06:46 PM |
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I was expecting the price to reach $25k next year but the way in which the market is rallying without giving us about a clue on how long the rally will continue without any minor correction is mind boggling as the price already crossed $24k and it is possible we will break another resistance today and will continue to push over $25k in a couple of days.
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AmoreJaz
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December 20, 2020, 09:17:17 PM |
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I was expecting the price to reach $25k next year but the way in which the market is rallying without giving us about a clue on how long the rally will continue without any minor correction is mind boggling as the price already crossed $24k and it is possible we will break another resistance today and will continue to push over $25k in a couple of days.
another jump of 1.5k to finally reach the 25k level is not very hard with bitcoin. we already touched the 24k and hitting the 25k mark is very possible to happen in a matter of days. but ask yourself, what will you do if that happens? are you prepared from your end? reaching 25k is not a question anymore, but what are your plans to take advantage of that opportunity? we have seen a tremendous growth of btc this year, despite of the pandemic crisis that we are still experiencing. this is the year that many people have seen the benefits of crypto in their lives. as they have more time to learn about this tech.
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STT
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December 21, 2020, 01:13:37 AM Last edit: June 12, 2023, 02:05:07 AM by STT |
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25k and maybe 30k by year end if we dont break the back of this ongoing momentum. We're entering into the end of the year now with holidays and some disruption but of course BTC trades onwards anyway as its a global distributed asset so quite different. This last weekend showed no weakness with a drift up above the 2 day average, if I look now it slipped slightly but recovers just now above various measures to once again continue gains. Its quite reasonable it just repeats gains so far as I can see which could deliver us to far above 25k.
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bitzizzix
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December 21, 2020, 08:57:59 AM |
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I was expecting the price to reach $25k next year but the way in which the market is rallying without giving us about a clue on how long the rally will continue without any minor correction is mind boggling as the price already crossed $24k and it is possible we will break another resistance today and will continue to push over $25k in a couple of days.
indeed, today Bitcoin pump to $ 24k, and had reached $ 24200, if this is a valid breakout, then $ 25k will be reached this month, hopefully this is really valid, bullish is still strong, don't worry. To hit 25k by the end of the year, I think there is a chance that will happen, and even though bitcoin price won't reach that but it's still trending at a good price. The price of bitcoin has increased dramatically in the last few weeks and topped everyone's predictions that claim it will hit 20k by the end of the year and eventually exceed that price. and bitcoin price has hit 24k close to 25k which I think is possible by the end of the year and hopefully.
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Xinarae*
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December 21, 2020, 09:09:42 AM |
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The way Bitcoin is moving forward it seems that Bitcoin will cross 25k very soon. Bitcoin transactions are increasing which is increasing the demand for Bitcoin in the crypto market. Investors are taking advantage of this and it is unlikely that Bitcoin will hit more in early 2021 if not this year. Whales cannot exert their influence in the market. Bitcoin's high value is disabling whales making it easier for traders to avoid the risk of investing in bitcoin.
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error08
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December 21, 2020, 04:44:27 PM |
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The way Bitcoin is moving forward it seems that Bitcoin will cross 25k very soon. Bitcoin transactions are increasing which is increasing the demand for Bitcoin in the crypto market. Investors are taking advantage of this and it is unlikely that Bitcoin will hit more in early 2021 if not this year. Whales cannot exert their influence on the market. Bitcoin's high value is disabling whales making it easier for traders to avoid the risk of investing in bitcoin.
10 days left to the end of the year and bitcoin still can't break the resistance of $24,5k let alone 25k. Look at the trading volume and transactions on the mempool, which indicate the price may hit the all-time high at $24,2k and won't push any higher, so we can expect it will going sideways or gradually decline. However, it may not be the reality, time will reveal the truth.
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Fatunad
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December 21, 2020, 11:24:50 PM |
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The way Bitcoin is moving forward it seems that Bitcoin will cross 25k very soon. Bitcoin transactions are increasing which is increasing the demand for Bitcoin in the crypto market. Investors are taking advantage of this and it is unlikely that Bitcoin will hit more in early 2021 if not this year. Whales cannot exert their influence on the market. Bitcoin's high value is disabling whales making it easier for traders to avoid the risk of investing in bitcoin.
10 days left to the end of the year and bitcoin still can't break the resistance of $24,5k let alone 25k. Look at the trading volume and transactions on the mempool, which indicate the price may hit the all-time high at $24,2k and won't push any higher, so we can expect it will going sideways or gradually decline. However, it may not be the reality, time will reveal the truth. We should not hope that high because we cant be sure if we would be ending up in 25k or would end up on 20k below.We know on how unpredictable the market is on where sell offs could happen since its the holiday season and there would be always a tendency for price dips and of course there would be also a price or resistance break. Who knows right? Its neither it can be achieved or not but we should still appreciate on how far this market do able to move and recover yet to remember that we are just playing around 10-12k price a few months ago and now we are here on new heights.
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Wulan_maniez
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December 22, 2020, 11:07:19 PM |
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Bitcoin’s price today is $23.4xx it’s very close to $24K. so it’s likely to continue to $25K by the end of this month. Bitcoin can raise its price by hundreds or even thousands of percent in a day. But it could be the other way around. Too much positive sentiment about bitcoin, so the price keeps moving up. This is really an opportunity for bitcoin to approach $25K. Many may have predicted that bitcoin would reach $25K besides you.
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Cherylstar86
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December 22, 2020, 11:25:33 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.
Let's not expect that price will be meet so fast, but we only need to think that fluctuations will have to make it slowly. Most possible predictions will be on year 2021, and not certain that January will be the exact month of commence. However, start of the year will be more difficult because we don't know how people cope up on every expenses.
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gabbie2010
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December 23, 2020, 03:14:12 AM |
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The way Bitcoin is moving forward it seems that Bitcoin will cross 25k very soon. Bitcoin transactions are increasing which is increasing the demand for Bitcoin in the crypto market. Investors are taking advantage of this and it is unlikely that Bitcoin will hit more in early 2021 if not this year. Whales cannot exert their influence on the market. Bitcoin's high value is disabling whales making it easier for traders to avoid the risk of investing in bitcoin.
10 days left to the end of the year and bitcoin still can't break the resistance of $24,5k let alone 25k. Look at the trading volume and transactions on the mempool, which indicate the price may hit the all-time high at $24,2k and won't push any higher, so we can expect it will going sideways or gradually decline. However, it may not be the reality, time will reveal the truth. Based on daily time frame its like the resistance at $24K is a bit stronger the price has been rejected in that zone, however once that resistance is broken the price will break and possibly pullback and turn that resistance to support if the TA play out thenI am very sure $25K or more will the next target, it obvious that the market had been very bullish in the previous months I am sure the momentum and volatility of the price is not going to wane at this moment.
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peter0425
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December 23, 2020, 04:41:14 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? 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 $25,000 by the end of this month as next 14 days will be more bullish or chaotic.
the Next is 21,000 then 22,000 ,then 23,000 and the recent is 24,000 . Bitcoin only short by more than500$ before Breaking that 25,000 meaning just small spike and Bitcoin will Be on the strongest barricade so far. cos after that level 30,000 will easily next.
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CapGelatik
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December 23, 2020, 12:24:14 PM |
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I think end of the year, $ 25k will be reached at the end of the year, we'll see after Christmas the Bitcoin price will definitely increase, even though now the Bitcoin price has decreased again I guarantee this is just a correction.
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Noctis Connor
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December 23, 2020, 01:42:34 PM |
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I think end of the year, $ 25k will be reached at the end of the year, we'll see after Christmas the Bitcoin price will definitely increase, even though now the Bitcoin price has decreased again I guarantee this is just a correction.
We can't say that thou since christmas is coming many people needs to celebrate even in this kind of pandemic and making our family happy even in small gathering, if we are thinking more about investments rather than seeing our family member to become happy then it will be useless thus if you already had money enough to put your money into crypto then you should before it's too late there are many theory about celebrities talking about investing bitcoin so maybe that price will be reach sooner or later.
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TopTort777
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December 23, 2020, 02:02:06 PM |
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I think end of the year, $ 25k will be reached at the end of the year, we'll see after Christmas the Bitcoin price will definitely increase, even though now the Bitcoin price has decreased again I guarantee this is just a correction.
We wont reach 25k that quick. 8 days till New Year and banks have only 3 working days; other days they will be off to holidays. These days people will be busy searching for a way to buy presents and serve the xmas table. That wont be easy these days during pandemic. Trading will be put “on a higher shelf”. It wont be possible to reach 25k without new money in crypto and regular trading. Anyway, +23k is an excellent result also. It wasnt easy achiving it also
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STT
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December 23, 2020, 09:37:47 PM Last edit: June 12, 2023, 02:03:53 AM by STT |
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Its staying within the general daily trend for now, that means its down from the peak prices when it attempted to exceed that trend with even greater gains. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F06%2F12%2FA18f2.png&t=665&c=RRNwuGiopEtqpA) Lows just recently were the 2 day average, the blue line seen here with 1hr bars. 2 day average now rising again and weekly in orange also ascending but these two should meet and we get some action then I think.
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