BTC break 21000 usd, great!

[tung06081989]

after BTC break 20k usd,the top of top,now btc over 21000usd,ưhat  next target for usd in this year?

[carlfebz2]

after BTC break 20k usd,the top of top,now btc over 21000usd,ưhat  next target for usd in this year?

No one knows and i didnt really expect that it would be reaching 21k price so very fast or in a matter of day where we didnt even see on what the actual
reason on why it increases like this after a momentarily sideways movement.

For now the best thing to be done is that, if you do able to buy when its still low then selling out on the current price isnt a bad thing to do.
There would be always some pullback pretty sure after this increase.

I have sold mine and secure it out and waiting for some price decrease incase but i do saw that this will might push to 22k.Well its just my assumption.

[Fortify]

It is fascinating to watch, a bit like the Tesla share price - when people start piling into an asset it can start to act very irrational and this seems to feed a flame causing ever more people to funnel money into it. I know Bitcoin has many outlets already, but it would be nicer to see more mainstream stores start to adopt it and that would really cement it as a useful currency and investable asset. As long as everyone is sensible and doesn't store their life savings in a single place it is healthy to hold some Bitcoin in your portfolio.

[Bitcoin_Arena]

Unpredictable. After the breakout, we are still not so sure where the next resistance and support level will be based on the historical price movements are we are now in uncharted waters.

You should also consider the Xmas holidays. People tend to cash out and spend on holidays. I remember very well in 2017, the huge drop started on the 17th December, which is 3 years exactly tomorrow 

[Kemarit]

after BTC break 20k usd,the top of top,now btc over 21000usd,ưhat  next target for usd in this year?

I will say that there will be no ceiling to call. I mean we broke $20,000-$21,000 very easy. Got to $21,500 but it seems to be rejected, nevertheless the sentiments is really bullish so I'm still expecting some more spike this week.

But to get to $30,000 or more next year, we might see a lot of volatility, I mean it won't be that easy this time as investors or holders might liquidate some and then wait for the dip before buying again. The thing is, investors are accumulating with good reasons, bitcoin to be a reserve asset or hedge because of economic uncertainties.

[crwth]

This is what we are waiting for, and we are thankful for that. For this year, I believe we are not going to see more action until next year. It's currently at a high right now, and you know once it has reached a higher high, it could give another retracement and possible consolidation in a few weeks first and then possibly reach another high.



In the Bollinger bands, it has pierced it, and possible correction could come after that. Let's see what the market would do next.

[pooya87]

That was a nice surprise for me in the morning to check the price and expect to see $19xxx but see $21k. I suppose that is how all resistances have always behaved, the "resist" for as long as they can until they are broken and all hell breaks loose as the FOMO buyers who were hoping for a "dump" get desperate because of losing opportunities and jump in to start their panic buy.
Right now I am seeing a very strong momentum and if that continues growing we can see this trend of bigger rises continue and $30k will also be broken in a very short time. But all depends on how the following 24 to 48 hours will go for this momentum.

[LUCKMCFLY]

On some occasions he had talked about it, when Bitcoin finished passing $ 20k it would continue to rise more and more, this is logical, the excitement of the market makes everyone want to continue buying Bitcoin, it may continue to $ 25k, this is something great, plus Christmas is getting closer and closer! Demand increases, supply decreases, and price rises!

[maydna]

Yes, we are waiting for this moment for a long time ago. We got another bull run this day from a few hours ago, and finally, the price can break $21k, and it still trying to break $22k (or it is already hit that price on the other exchanges). I am sure that the bitcoin price will soon hit the next high price, and $22k is the next ATH that bitcoin will hit. But I feel that the bitcoin price will make another correction after this, so be careful about following the bitcoin price moves. Meanwhile, you can prepare your money to buy bitcoin back if you want.

[$crypto$]

Bullrun has arrived we are now witnessing it and it has already passed ATH before I am sure it will continue to redeem higher levels and it is really fast on its way up.
What we've been waiting for has now been accomplished but will it get any easier to the $ 26k level? Experts say that this year and next year it will be better if I see from several article sources, but it is quite clear that in the downturn in the economy due to Covid-19, Bitcoin is able to show itself as a resurgence to entrust people who want to invest.

[onecall123]

Most anticipated breakout for BTC, however this things happened too soon. World's top driving digital currency Bitcoin arrives at it's new ATH. It broke $22,000 against US Dollar before a small decline this morning. Anyway, I'm enjoying the ride now.

[mediaBuzz]

[sunsilk]

after BTC break 20k usd,the top of top,now btc over 21000usd,

Just as everyone is happy and celebrating that bitcoin has finally topped to $20k then here comes the $21k and as I'm typing this post, the price just reached $22,070. What a quick turn of events for bitcoin while leaving most of the altcoins with its dominance and price skyrocketing.

ưhat  next target for usd in this year?

There's still enough time for bitcoin to reach $25k if the pattern will still be the same from $19k to $22k that just happened real quick. But it doesn't matter how much the price of bitcoin will be ending for this year. We've got plenty of time to think of 2021 than to think of the end of this year.

[adaseb]

It is fascinating to watch, a bit like the Tesla share price - when people start piling into an asset it can start to act very irrational and this seems to feed a flame causing ever more people to funnel money into it. I know Bitcoin has many outlets already, but it would be nicer to see more mainstream stores start to adopt it and that would really cement it as a useful currency and investable asset. As long as everyone is sensible and doesn't store their life savings in a single place it is healthy to hold some Bitcoin in your portfolio.

Tesla is different however. The reason why Tesla at first started to break ATH after ATH is due to its huge short interest. Basically shorts never assumed that it would break the old price of $420 (before split) and they all got liquidated when it quickly doubled its value.

Then it became a meme stock and everybody and their grandma on wallstreetbets was buying the call options. If someone buys a call option, usually  the market maker needs to hedge by buying the stock. So the more people bought cheap calls, the MM had to buy the actual stock which made it go higher and higher.

Bitcoin is different because I don't think there are too many shorts currently and the options market is very low volume compared to Tesla or other stocks.

[BrewMaster]

right now bitcoin is like a car that has no breaks and is speeding up. this is a very good example of the phenomenon called FOMO that i always talk about here.
a large number of bitcoiners kept waiting for "better prices" to buy so there was a huge build of fiat ready to enter bitcoin and as soon as the positive signal was issued (that is $20k broken) they all started buying like maniacs.

i say this to tell you that it is not possible to know where this rise is going to start showing signs of slowing down. we may see $30k even before it slows down.

[el kaka22]

It is awesome!! People were afraid how we would break over 20k resistance, and how we were dropping constantly whenever we got close to 20k, it just took one small step above ATH price and suddenly it was over 22k! Seriously it took some time to reach around 19.8k levels for example, it tried very hard to get there, for nearly a whole day it was just a fight between sellers and buyers and eventually we got to 19.8k level, right after that it was like a free fall but upwards, we are at 23k on a quicker period of time.

It shows that market always waits for the movement to be clear, whenever it is clear and market decides "oh yeah, it is going this way" they all jump together and price suddenly moves incredibly fast, but until market decides on the direction they just wait around.

[Zemomtum]

This is very difficult to ascertain now since this seems to be the beginning of the bull run that we have been waiting for complete 3 years. Nevertheless, this volatility in the crypto market demands extreme caution.

[uelufl]

after BTC break 20k usd,the top of top,now btc over 21000usd,ưhat  next target for usd in this year?

The next target for this year could be $25,000 or $30,000. I'm inclined to the possibility of $30,000, the price has risen $3,000 just 1 day after passing ATH in 2017.

At last count Mt. Gox still holds approximately 141,600 bitcoin and 142,800 bitcoin cash.
When all this BTC pours into the market, the price will fall.

[bL4nkcode]

At last count Mt. Gox still holds approximately 141,600 bitcoin and 142,800 bitcoin cash.
When all this BTC pours into the market, the price will fall.

Nah, it's just < 1% of the total mined bitcoins so it will just barely affect the price when that happens or nothing at all. Besides market now too hype that even 1% of sell order won't affect much, people from the other side will accumulate and just buy it.

[Hippocrypto]

after BTC break 20k usd,the top of top,now btc over 21000usd,ưhat  next target for usd in this year?

I remained calm this time while looking on the progress of the market, it's so overwhelming scenario and hopefully this will stabilized with $20k to $21k. There's no definite position which I could consider, since it was already on the peak of its value. If ever price climbs more often, that's always possible we'd reach our targets; but for now I'm just an spectator with no specific target.