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Author Topic: Bitcoin This year & Next year.  (Read 682 times)
Lorence.xD
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December 17, 2020, 12:17:19 PM
 #21

I honestly don’t know what to believe anymore but from my own point of view looking at the market analysis of bitcoin overtime from the beginning I think bitcoin cannot go below certain price.
It’s also important to know that bitcoin is volatile and to an extent the price can’t be fully predicted as lots of factors can affect the price of bitcoin.
Believe in bitcoin then. I beg to differ regarding the price going below a certain amount, I think it will be possible but there will be a twist, it will be dependent on the hands of the institutional whales that are slowly creeping in to the big picture. If they decide that it is time to dump, I think that they will have an impact. Hopefully that time will never come and that it will not repeat the same valley pattern from 2017.

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December 17, 2020, 12:21:02 PM
 #22

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.
Speaking base on experience, i believe the market will experience market correction before end of this year as preparation for new peak price in 2021 but correction/blood bath will occur when it Q4 of 2021. Meanwhile, it won't fell below the previous bottom price.

2. Or is it possible that Bitcoin will stay at the lowest $20k level and will continue to $.....![/b]
Some few days before Christmas alot of crypto investors and holders always sell their holding and I believe this will cause dump in the price of the market below $20K before next year.

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.
The new ATH is not by incident cause the price history of Bitcoin market shows the market to always repeat the similar trend.

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December 17, 2020, 12:40:44 PM
 #23

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.
This is also the question that I want to ask back in 2017 of December it reach the ATH back then and continuesly drop down would we experience the same thing?
It is also December right now we made a new ATH and most are also expecting it to continue to grow just as we are expecting back in 2017.
So is it finally going to continue or would it repeat the history?

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December 17, 2020, 12:55:33 PM
 #24

This time more institutional investment have come into the bitcoin network. This will make the market more stable, upon the same we can expect the price to have some standard value above $10000. There is very minimal chance of price falling low to $10000. This year is truly big for all the cryptocurrency users and the falling year might bring more institutional investment over ethereum and other altcoins leading in the market.

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December 17, 2020, 01:03:38 PM
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 #25

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.
Indeed what we having right now, with $23k value and trying to go high more.
However, I started to think Bitcoin could be over $25k between January and March 2021, it could happen because now it has broken the 20k level.
Actually it can break the 25k$ this year as i am typing this we are again in 23k and still growing.
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 don't think scenario from 2017-2018 will happen again this time because Real investors are now entering the market and not like what we have those years as a Bubble and an intentional growth ,attracting newbie and then making them a Victim .

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December 17, 2020, 01:23:15 PM
 #26

I think that it will just stay between $15,000 - $19,000 in the first months of 2020.

We should not expect too much just because bitcoin made another history and it is so hyped up in the market.

Not being a negative thinker but this already happened before on the first ATH of bitcoin. It came back to its stable price where there is really nothing much happening in the market.
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December 17, 2020, 01:42:46 PM
 #27

We really expected BTC to topple the 20k barrier soon, but i didn't see it coming or happening so soon. The market has an upward/downward movement in price value, however it is safe to say that the value of  BTC will not return to some certain price levels again.

How sure you are that it will not going to return into some certain price levels again? Remember bitcoin is volatile and the only sure that can able to say value of bitcoin is the market and the demand. Nobody knows what exactly will happen in bitcoin tomorrow or after this month because of it's volatility.

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December 17, 2020, 02:15:07 PM
 #28

I always say the Bitcoin price increase in 2017 is very different from the price increase in 2020. Because when 2017 there was hype
and finally Bitcoin became a bubble, the increase in 2017 was a lot of FOMO too. Eventually, the price of Bitcoin fell in 2018 back to
a low price, very different when compared to the current Bitcoin price, Bitcoin managed to go up to $ 22,000. The increase in Bitcoin
in 2020 was not due to FOMO, but many big investors are interested in investing in Bitcoin. This convinced me that the Bitcoin price
will continue to rise until 2021.

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December 17, 2020, 03:02:35 PM
 #29

For the hodl it is a simple answer, I am on the right track. The "GPS" of bitcoin in the long term is indicated to have the dreamed estimates of each of us we have always wanted to see, we will surely get there.

Now bitcoin in the short term or very short estimated times is really unpredictable and volatile, but if one reviews the historical data bitcoin needs this volatility to "stay" in certain bands, if you had the experience of 2018 you will surely not enter in panic because you know that in the long term bitcoin gives the results in "price" that are expected, but in that process it makes many cry and laugh.

Then we must safely hope that bitcoin take its low peaks, but I am one of those who thinks that the $ 20,000 band is here to stay, but with its ups and downs.

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December 17, 2020, 03:51:48 PM
 #30

ATH is currently coming with more holders than in 2017 and well-known companies are starting to support and adopt bitcoin in their business network. To say that 2018's bearish history will repeat itself is unlikely given that this stage of the ATH milestone took months consistently.

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December 17, 2020, 04:27:58 PM
 #31

Bitcoin is making history again with our current high of $ 23k which means the bullrun will continue to pump as strong as possible at the end of this year but I don't know if previous history will repeat itself. ATH 2017 low point 2018.
This is difficult to predict because indeed this price fluctuation can change in an instant if something controls but I am here to continue to think positively every year it increases that means it will not reach the lowest again after peaking, if there is a lot of adoption about blockchain then this will still last.

R


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December 17, 2020, 04:30:58 PM
 #32

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.

It is still possible for Bitcoin to be the bubble that people that are talking about but seeing on how Bitcoin will receive support during this time would be enough to sustain the current value of Bitcoin to at least above $20k USD. I really think because of the sudden rise in Bitcoin's value, it might really get the attention of new users and learn how they can invest on it which will result to another situation of supply and demand.

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December 17, 2020, 04:46:10 PM
 #33

2. Or is it possible that Bitcoin will stay at the lowest $20k level and will continue to $.....!

The price of Bitcoin has a unique cycle every 4 years, where 1 year after the halving, the price will decrease quite drastically due to a big issue.

The Bitcoin halving occurs every 4 years and in 2020 the Bitcoin price reaches a new ATH. This proves that the trend of digital currencies is getting to the top and it is very possible for Bitcoin to reach a higher number than it is today.

This opinion is too crazy for the human mind, but it is likely to happen in the future. You will never lose buying Bitcoin. But I'd rather wait to buy it in 2021 and hold on to the next halving.
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December 18, 2020, 02:40:11 AM
 #34

When the pandemic and recession are over,the governments might start a big FUD campaign against Bitcoin/crypto.
There's always a possibility for the Bitcoin price to go back down to 3-5K USD.

I don't think they stop fudding on cryptocurrency. Every step they did was to turn down this industry but can't beat the crowd I guess. Even without pandemic and recession they are always on the loose chasing an anti threat to market but it seems they are being ignored by the players and people who believe in bitcoin. Yeah I believe we can also see bitcoin again on that level but it would take some time since the current level is far from this and this bull run is different from the last one since before its really a bubble but this time around many people and company showed high interest.

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December 18, 2020, 09:46:44 AM
 #35

ATH is currently coming with more holders than in 2017 and well-known companies are starting to support and adopt bitcoin in their business network. To say that 2018's bearish history will repeat itself is unlikely given that this stage of the ATH milestone took months consistently.

We already saw a new ATH after the last ATH this year, and I am sure there will be more new ATH later because the bitcoin price does not yet increase so high. After the bitcoin price reaching the highest price in 2017, the bearish trend will come and make the price to go down again. But at that time, I can not imagine how deep the price will be down. Hopefully, the downtrend will not be too deep, so we can still see bitcoin price is at more than the $20k level.

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December 18, 2020, 08:02:50 PM
 #36

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.
2017 golden time for many bitcoin investors.
First i answer your second question bitcoin price can be breaking lowest 10k level after this year.
I don’t know 2021 January and March i hope bitcoin over come 25k in this month. After this month it price can be fall down i hope.

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December 18, 2020, 08:34:52 PM
 #37

#YOSHIE that is the million dollar question and if someone could have looked into a crystal ball and tell the future, trading would not be what it is now.... because everyone would have been winners.  Roll Eyes   

Let's look at the likelihood that PayPal would keep their promise to allow people to pay for goods and services in Bitcoin and that they would extend their offer to Europe and other countries.... and then we would see a Bitcoin price of $50 000 and higher. (They have a massive user base and merchant network linked to their platform and it is currently closed for Bitcoin payments.)   Wink

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oktana
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December 18, 2020, 08:57:22 PM
 #38

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 $.....!

1. Yes, it "could" be, considering that bitcoin has a volatile (unsteady nature). However, there's little or no space for such fall. To me, I don't really see it falling below 10k, any price above this is possible.

2. No one can say it'll stay above 20k because it's close to 20k at the moment, and anything is possible.



 

 

 

 

 

 


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Mars,           
here we come!
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ElonCoin.org.
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.
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happen or be a part of it"

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December 18, 2020, 09:07:17 PM
 #39

I'm not sure the price of bitcoin after reaching its new ATH this year will fall like in 2018, when bitcoin reaches a new higher ATH it is very possible that the lowest price is at least still in the high price range and it depends on the high point and if it is like that, it is unlikely It's under 10k again and I guess that's possible. Because if the peak reaches up to 30k and above then it seems impossible for bitcoin to end up losing its value to below 10k, for now I'm assuming that won't happen. That way, I'll just wait for the highest point because then maybe we'll be able to analyze the bottom point.

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December 18, 2020, 10:13:18 PM
Last edit: December 18, 2020, 10:41:42 PM by DeadCoin
 #40

In my own opinion, it is about today and tomorrow, where we cannot say the right possible ride of Bitcoin's level up and down, because it is really always too much surprising even with real investors because it is proven that they are couldn't force to such unpredicted system to make a profit in short term, But financially I think we have a big chance with the expected $25k on this coming January 2021, in practical reasons, there is nothing wrong for being positive inside of Bitcoin technology, perhaps we should be courageous.
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