Bitcoin This year & Next year.

[Nellayar]

Some questions cross my mind about Bitcoin right now....!

You know Bitcoin has exceeded the ATH level in 2017, and is trading today at the level of more than $20k, meaning: roughly Bitcoin has found its current highest price peak.

However, I started to think Bitcoin could be over $25k between January and March 2021, it could happen because now it has broken the 20k level.

My question....!
1. Could it be that after this Bitcoin fell even lower, as was the case in 2017 and 2018 ago.
Rose to the highest price at the end of 2017 and fell back to the low of 2018.
2. Or is it possible that Bitcoin will stay at the lowest $20k level and will continue to $.....!

What do you think after this incident bitcoin passed through ATH.....! Go up to the next or vice versa.
Speaking is not based on predictions, only seeing from existing experiences.

I have seen a lot of positivity in comments here about bitcoin price. However, what happened last 2017 bull run and crashed might happen again. After a long bull run, expect to have a retracement. Maybe, bitcoin can go down at 9K level but it never go back in 3K level since there are many supports there. But what will happen is not important anymore, let just be focus on current market and take advantage to all the opportunities that market gives to us right now.

[FlightyPouch]

This is possible from happening. I know that most of us here are looking at the chart positively but we should accept the fact that the price is so volatile that to our surprise the price is so low. But  you should not fret from investing and trading bitcoin. It is true that it will fall, but remember that it could still rose the same as that year and get to the place where we are right now, only at that time, it would be higher.

[Hamphser]

This is possible from happening. I know that most of us here are looking at the chart positively but we should accept the fact that the price is so volatile that to our surprise the price is so low. But  you should not fret from investing and trading bitcoin. It is true that it will fall, but remember that it could still rose the same as that year and get to the place where we are right now, only at that time, it would be higher.

You wont really able to call this a market if there were no movement involved into this  yet this is the primary reason on why people/traders/investors do make out money
due to its volatileness even though the risk is high but when you do make it right then its very really rewarding.In speaking of Bitcoin for this year and in next year
then that would always be a question.

Thing here is that we do know that this coin does really have the potential in talks of future movements yet adoption is on the move where it means that we can really make out some
profits in long term aspect but it isn't guarantee that's why only invest on the amount that you can afford to lose.

[error08]

I don't expect anything below $19k though. One thing is certain that $20k is going to become the strong support. We have to see how the momentum continues.

The market had shown that whenever bitcoin reaches the ath, the correction will ensue.
it is a better market if bitcoin set the strong support at $20k but time will reveal whether it will stand sturdy or the correction will fall below $20k.
If the ath is $24k or $24,5k then the correction occurs before Christmas, 20% correction means the price drop to $19,6k.
Anything can happen, yet we can't say with certainty what will be the reality, but be prepared for any case.

[Twentyonepaylots]

I'm not so sure bitcoin will be able to support this price for so long. Perhaps before this year ends like that of the 2017, where price plunged to 10-13k-ish and stayed there for a good long time. As for this year's case however, it would be improbable for bitcoin to drop within these prices but it is not unlikely, certain parameters may still cause bitcoin to plummet to this values. I'd say bitcoin will correct itself in the prices of within 15-17k-ish a piece.

This is possible from happening. I know that most of us here are looking at the chart positively but we should accept the fact that the price is so volatile that to our surprise the price is so low. But  you should not fret from investing and trading bitcoin. It is true that it will fall, but remember that it could still rose the same as that year and get to the place where we are right now, only at that time, it would be higher.

This has always been the case for bitcoin ever since it came to be. It will reach an ATH, then fall down, then rise again years later. It's almost like a ritual that all veteran investors have been accustomed about due to years of experiencing this. So it's no surprise that unlike the 2017 ATH, this one's not that hyped up, adoption grew, more people became intelligent and hodled. Numerous factors really.

[LogitechMouse]

My question....!
1. Could it be that after this Bitcoin fell even lower, as was the case in 2017 and 2018 ago.
Rose to the highest price at the end of 2017 and fell back to the low of 2018.
2. Or is it possible that Bitcoin will stay at the lowest $20k level and will continue to $.....!

If you are thinking of Bitcoin going again to its previous lows last 2018, I don't think that it will happen. The last time that Bitcoin fell near the $10,000 price will be the last time we will see it going down to that price again. I'm not expecting for Bitcoin to go to that price again. However, this massive bull run is heavily manipulated by the institutions who are continuously buying chunks of Bitcoin daily (some of them are buying more than the miners can mine daily). One dump coming from them and we might see a huge fall of Bitcoin.

I don't know personally what can happen to Bitcoin in the next months. Yes we are happy that Bitcoin surpassed the $20,000 price already but it is also possible that we will end up going down again like what happened last 2018. Lets just wait what will happen into the first 3 months of 2021 and with that, we can predict better into where is Bitcoin heading towards to.

[Spone7]

No doubt there will be a profit booking aroun 21k or so. But yes it won't go below 20k as there are many mainstream giants entering into the crypto industry. ANd words about second question bitcoin will sit abov ath of 25k in 2021 for sure.

[pawanjain]

Some questions cross my mind about Bitcoin right now....!

You know Bitcoin has exceeded the ATH level in 2017, and is trading today at the level of more than $20k, meaning: roughly Bitcoin has found its current highest price peak.

However, I started to think Bitcoin could be over $25k between January and March 2021, it could happen because now it has broken the 20k level.

My question....!
1. Could it be that after this Bitcoin fell even lower, as was the case in 2017 and 2018 ago.
Rose to the highest price at the end of 2017 and fell back to the low of 2018.
2. Or is it possible that Bitcoin will stay at the lowest $20k level and will continue to $.....!

What do you think after this incident bitcoin passed through ATH.....! Go up to the next or vice versa.
Speaking is not based on predictions, only seeing from existing experiences.

As of now bitcoin has already crossed $24.5k and is about to break the $25k target. It might cross this target very soon.
And as many have already stated that this bull run is unlike the previous bull run in 2017.
This one is more mature and will probably be stable in this price range. We can only predict how high bitcoin will go this time.
It has been creating an ATH every week now. I am more bullish towards this bitcoin rally.

[royr5000]

bitcoin price increase 2021 $50k I think

[yazher]

What do you think after this incident bitcoin passed through ATH.....! Go up to the next or vice versa.
Speaking is not based on predictions, only seeing from existing experiences.

We already know the reason for the sudden fall of the past Bull-run in the year 2017 to 2018. it took some months before if there will be a sudden fall of the price in what we are witnessing today. Right now we need to trust each other hoping for a never turning back moment. Let's hope for the price to continue to increase passed the $30,000 mark in the next 1st quarter of 2021. It could maybe this is the last time we see this price, maybe after this year, all we will witness is new ATH until the end of next year.

[Coinsfera]

Now, nothing is clear and precise as it is a volatile currency. Anything can happen at any time. However, Bitcoin has significant potential right now. The events are not remotely related to 2017. Investors, in addition to buying Bitcoin, this time carry the bitcoins they buy to cold wallets. This means HODL signal in the long term. As a result, the leading cryptocurrency is rising steadily and is very close to reaching $ 25,000 and maybe even very high.

[Fundamentals Of]

Bitcoin has not just roughly created a new ATH. It has clearly reached a new ATH. Bitcoin achieved higher than $24,000 in 2020. That is a new ATH as compared to the $20,000 in 2017.

I think 2018 will not happen again because the demand of Bitcoin has exponentially risen in the past years. The actors in the Bitcoin market are not small ones, who must have been the reason of the ATH in 2017.

In 2017, there was no Paypal, there was no Mictrostrategy, there was no Square, etc. Right now, the players are international companies investing hundreds of millions.

[fishbonez11]

Bitcoin might still hit the 30K$ mark before the year ends. After this, a correction might happen. Still hopeful that 2017 event won't happen again, knowing that there are big and well known companies and institution are joining, there is a high chance that bitcoin track will be going well.

[Asuspawer09]

Some questions cross my mind about Bitcoin right now....!

You know Bitcoin has exceeded the ATH level in 2017, and is trading today at the level of more than $20k, meaning: roughly Bitcoin has found its current highest price peak.

However, I started to think Bitcoin could be over $25k between January and March 2021, it could happen because now it has broken the 20k level.

My question....!
1. Could it be that after this Bitcoin fell even lower, as was the case in 2017 and 2018 ago.
Rose to the highest price at the end of 2017 and fell back to the low of 2018.
2. Or is it possible that Bitcoin will stay at the lowest $20k level and will continue to $.....!

What do you think after this incident bitcoin passed through ATH.....! Go up to the next or vice versa.
Speaking is not based on predictions, only seeing from existing experiences.

After a pump, we could always expect a dump after all of this like reaching the ATH and surpassing it, We could always expect for the market price to fall around 10k$ or even lower than that.

For a long term investment, we know that bitcoin could be worth more even more than 30k$ but there is no way we could reach that market price without even experiencing a dump in the process which is pretty common in an investment, it's common in supply and demand because we could expect investors to sell their investment when the market price is pumping making the market price to be a dump and then new investors will have another opportunity to invest when the market price is a dump.

It is possible for the market price to stay at around 20k$ I guess investors are aiming for a higher profit, pump around 25k$ and then dump around 20k$ but it's going to be a long way for the market price to reach up to 30k$.

[bitzizzix]

The growth of bitcoin continues to increase well and over time good news continues to emerge that can boost bitcoin to continue to increase, this is different from 2017 or previous years and although every year there is good news but it all keeps bitcoin growing.
such as good news from paypal, institutions, large or well-known companies and so on that affect the price of bitcoin will increase, and maybe in the next year there will be more good news that will further increase the price of bitcoin.
and I think the bitcoin price will be trending more at a good price for now and beyond.

[imstillthebest]

I think 2018 will not happen again because the demand of Bitcoin has exponentially risen in the past years. The actors in the Bitcoin market are not small ones, who must have been the reason of the ATH in 2017.

demands can decrease or increase in any year . we only think that the demand has risen after every new year because if that was true then why the bull run of 2017 didnt continue but it stopped after 2018 ,  most coins looses most of the gains they got .

and is the actors that you mean are manipulators ? actors or manipulators are big people because for you to control the price you need more money . if they are the reason for the dip , they can also be the reason for the crash .

[gabbie2010]

Some questions cross my mind about Bitcoin right now....!

You know Bitcoin has exceeded the ATH level in 2017, and is trading today at the level of more than $20k, meaning: roughly Bitcoin has found its current highest price peak.

However, I started to think Bitcoin could be over $25k between January and March 2021, it could happen because now it has broken the 20k level.

My question....!
1. Could it be that after this Bitcoin fell even lower, as was the case in 2017 and 2018 ago.
Rose to the highest price at the end of 2017 and fell back to the low of 2018.
2. Or is it possible that Bitcoin will stay at the lowest $20k level and will continue to $.....!

What do you think after this incident bitcoin passed through ATH.....! Go up to the next or vice versa.
Speaking is not based on predictions, only seeing from existing experiences.

I have seen a lot of positivity in comments here about bitcoin price. However, what happened last 2017 bull run and crashed might happen again. After a long bull run, expect to have a retracement. Maybe, bitcoin can go down at 9K level but it never go back in 3K level since there are many supports there. But what will happen is not important anymore, let just be focus on current market and take advantage to all the opportunities that market gives to us right now.

I don't believe that the crashed of price that happened in 2017 will happen again my argument is based on the fact that institutional adoption is higher now compared to the event of 2017, PayPal had already adopted bitcoin is the forerunner to other institutional adoptions that will likely adopt bitcoin next year and its obvious that more are coming on board these are catalyst that will boost and grow the price of bitcoin as it is now the resistance at $24K has been broken already and the price is heading to $25K, a crash in the price is very unlikely this time around.

[BITCOIN4X]

The bitcoin ATH was formed in late 2020 and is still continuing. The highest price in the last 24 hours almost broke $25K or more precisely $24,681 as I saw on binance.

My question....!
1. Could it be that after this Bitcoin fell even lower, as was the case in 2017 and 2018 ago.
Rose to the highest price at the end of 2017 and fell back to the low of 2018.
2. Or is it possible that Bitcoin will stay at the lowest $20k level and will continue to $.....!

Well, I want to answer these two questions with some facts.
1. Bitcoin is a very risky asset because of its volatility. We can't predict where future price will go. The past history may still happen and often repeat itself and this will be a difficult job and should receive more attention. If your question is "maybe" then the answer is still possible for me. But support has been formed today and it will be something that can hold the price decline deeper in the short term. I hope you also need to be aware of the price dump.
2. The logic is that bitcoin price won't fall below the $20K level any time soon as the price continues to look for a high and will probably break the $25K level. So I'm sure the bitcoin price will last between $20K through January. After that I don't know what will happen and the volatility will still occur and as I said it will be a tough job and it is still possible to hold on, go up or down.

I hope that your two questions above don't make us guess in the dark because in fact the price of bitcoin will continue to fluctuate and will never stop until tomorrow.

OP, can you consider moving this thread to the speculation board. I think most of the answers in the thread are more about speculation.

[Alert31]

Some questions cross my mind about Bitcoin right now....!

You know Bitcoin has exceeded the ATH level in 2017, and is trading today at the level of more than $20k, meaning: roughly Bitcoin has found its current highest price peak.

However, I started to think Bitcoin could be over $25k between January and March 2021, it could happen because now it has broken the 20k level.

My question....!
1. Could it be that after this Bitcoin fell even lower, as was the case in 2017 and 2018 ago.
Rose to the highest price at the end of 2017 and fell back to the low of 2018.
2. Or is it possible that Bitcoin will stay at the lowest $20k level and will continue to $.....!

What do you think after this incident bitcoin passed through ATH.....! Go up to the next or vice versa.
Speaking is not based on predictions, only seeing from existing experiences.

Bitcoin will surely drop after this bull run but not to the point that it will be like the case last 2017. If we compare the difference between 2017 and now, it makes a lot of difference. First, bitcoin now has more supporters and investors than ever before. Secondly, it has more uses than ever before and now there are bitcoin ATMs in various places. Third, bitcoin adoption keep on increasing which can be a great help for bitcoin not to drop down it's value too low. I also believe that bitcoin will reach $25k before end of December.

[AniviaBtc]

It is really hard to expect so much from bitcoin but I think that it will just settle on the price range between $17k - $20k.

If you expect too much and rely too much on bitcoin then the disappoints will have a bigger impact to you.

But it still depends on those factors that can affect its price such as the bitcoin adoption and whales who can somehow control its price in the market.