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Author Topic: Bitcoin touch 22000$. 🤑 what's Next?  (Read 413 times)
kaziataul80 (OP)
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December 17, 2020, 05:11:44 AM
 #1

Bitcoin is now over 21k+ now we can ATH and its touch 22k+ What you think about btc next move?
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December 17, 2020, 06:33:14 AM
 #2

Bitcoin is now over 21k+ now we can ATH and its touch 22k+ What you think about btc next move?
Now the price of bitcoin is already $ 22,061.  Yesterday morning we saw its price just over $ 19,000, and over the course of a day its price rose by almost $ 3,000, immediately breaking several price records.  We really assumed that after overcoming the price of $ 20,000, and even more so $ 21,000, the bitcoin price would have to fluctuate until it consolidates at a new level.  However, Bitcoin surprised us once again.  Probably, other similar surprises await us before the end of the year.

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December 17, 2020, 07:21:44 AM
 #3

Bitcoin is now over 21k+ now we can ATH and its touch 22k+ What you think about btc next move?
Now the price of bitcoin is already $ 22,061.  Yesterday morning we saw its price just over $ 19,000, and over the course of a day its price rose by almost $ 3,000, immediately breaking several price records.  We really assumed that after overcoming the price of $ 20,000, and even more so $ 21,000, the bitcoin price would have to fluctuate until it consolidates at a new level.  However, Bitcoin surprised us once again.  Probably, other similar surprises await us before the end of the year.
It is what we usually with bitcoin.

When there's a price pump like this, it has to fluctuate and correct for it to get into another reversal. The price pump that we're seeing could be the reversal from the dump that we've seen when it has reached $16k.

What I'm wishing for this time is even it corrects, we will never see it go down under $15k.



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December 17, 2020, 07:33:08 AM
 #4

Bitcoin is now over 21k+ now we can ATH and its touch 22k+ What you think about btc next move?

What I think is bitcoin should continue to increase without any fall. One way up and no return to dump is my wish. Many people will say that is not possible to achieve without a fall but it is my wish. Bitcoin has made an impressive mark in 2020 and with the way Bitcoin is moving it can get to $40,000 before the end of the year.
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December 17, 2020, 08:10:39 AM
 #5

Bitcoin is now over 21k+ now we can ATH and its touch 22k+ What you think about btc next move?
Now the price of bitcoin is already $ 22,061.  Yesterday morning we saw its price just over $ 19,000, and over the course of a day its price rose by almost $ 3,000, immediately breaking several price records.  We really assumed that after overcoming the price of $ 20,000, and even more so $ 21,000, the bitcoin price would have to fluctuate until it consolidates at a new level.  However, Bitcoin surprised us once again.  Probably, other similar surprises await us before the end of the year.
The price increase again to more than $22,200. Yes, it is a surprise moment because we see the bitcoin price gets a fast rally to break $22k this day. So I hope that the price can hit $22,500 or more. But I am worried about the fluctuation of the price that can happen after this. I am curious about what happens at the end of the year and how high or low the bitcoin price will be at the end of the year. It is a good moment for bitcoin and we should enjoy this before the price is down and make a correction.

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December 17, 2020, 08:17:38 AM
 #6

Bitcoin is now over 21k+ now we can ATH and its touch 22k+ What you think about btc next move?

Now whatever the whales want happens as it always has been. If the decide, they can send it back to below $10k. If they want, we can see $50k too.

What I or others think would be wishful thinking and defending our positions.

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December 17, 2020, 08:23:08 AM
 #7

I think the next move of Bitcoin in the new year should be the price of 25,000 and then you should expect higher prices.
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December 17, 2020, 08:24:22 AM
 #8

First I am very happy that Bitcoin has surprised us more than a lot of people imagined, most especially with the presence of Covid-19 yet it kept growing and look at the price today, what this means is that, Bitcoin has proven its worth and potential, hence the earlier most people get involved the better for them. Nevertheless, no one can confidently say the next move of Bitcoin therefore we can only but keep trading or keep holding as the case maybe while keeping track of the market, but it still goes to say that a price correction might occur anytime soon and with more attention will reach another ATH before the end of the year.

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December 17, 2020, 08:24:51 AM
 #9

I wish it could surge above $30k, media are getting interested, government wants to know more about it, institutions are adopting as it is breaking price records. The whales are pioneers in deciding where the price could stop or accelerate above.

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December 17, 2020, 08:31:55 AM
 #10

I think it's important to remember what a huge barrier $20k was. Given what happened in 2018, it is understandable that the current bull run was refused at $20k several times... but the upwards price pressure was so great that eventually the barrier broke. We are surfing a huge wave at the moment, but also don't forget that every single time that bitcoin surges upwards in price, eventually it stops and there is a correction. And the sharper the rise, then generally the sharper the fall. This isn't doom and gloom; the market is extremely buoyant at the moment and I expect rises to continue. I think it's more sustainable now than it was in 2017/18... but I think we should hope not for continuous upwards movement, but for it to take a break and establish a new solid support level first.






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December 17, 2020, 08:40:09 AM
 #11

It is up to the market or should i say the whales to determine what will happen next, it is hard to determine what will happen next otherwise everyone will be prepaid for the next movement, and i should include that it was amazing to see btc breaking record again,
lets hope this time history will not repeat itself and btc will not dump in price like what happen back in 2017 after the ATH was recorded, i hope this time the price will correct in a healthy manner (not the big dip of before).

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December 17, 2020, 08:44:04 AM
 #12

Bitcoin is now over 21k+ now we can ATH and its touch 22k+ What you think about btc next move?


24k can be a new ATH that can happen, support because there is a trendline there that has not been touched, it may be the first to determine between these areas.

However, if 24k breaks then 30k is not impossible to become the next foothold for bitcoin prices, considering that the FOMC that occurred in the US yesterday did not have a very positive impact, I think this will also affect the movement of bitcoin.
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December 17, 2020, 09:02:31 AM
 #13

Bitcoin is now over 21k+ now we can ATH and its touch 22k+ What you think about btc next move?

It's mainly psychological barriers now. $25k then $30k might provide resistance. Or things might tail off naturally before that point.
The other thing to consider is that there will inevitably be some FOMO and panic-buying kicking in. Once that reaches a certain point, and the charts start going vertical, then there will likely be some panic of the opposite kind, and big sell-offs as we correct back to a new support level.







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December 17, 2020, 09:37:28 AM
 #14

The rapid movement of bitcoin becomes so trend nowadays, I can see a lot of threads talking about it and I see a lot of tweets on Twitter as well, it only means that many people are waiting for this new ATH. I am still looking that it could reach up to $25000 this year but we should still not be so emotional because there are still many things that might happen with the value of bitcoin, it could still go down depends on the whales but it could also go high as well.

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December 17, 2020, 09:54:45 AM
Last edit: December 17, 2020, 10:07:25 AM by error08
 #15

Bitcoin is now over 21k+ now we can ATH and its touch 22k+ What you think about btc next move?

It's mainly psychological barriers now. $25k then $30k might provide resistance. Or things might tail off naturally before that point.
The other thing to consider is that there will inevitably be some FOMO and panic-buying kicking in. Once that reaches a certain point, and the charts start going vertical, then there will likely be some panic of the opposite kind, and big sell-offs as we correct back to a new support level.



The sudden upsurge over $4000 within 2 days is surprisingly impressive, the price rise from $19,4k and thought the peak will be at $22k but it turned out to hit $23,777 as the new ath. Then bitcoin price quickly dropped within minutes to $22.4k right now, it isn't clear what is the next support level and the resistance will start to form after a strong resistance such as the current condition.
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December 17, 2020, 10:07:33 AM
 #16

My guess would be probably right like having 25K$ for the ATH to be recorded. Of course it should surpass the 2017 ATH recorded bcause we are already in 2020. It was 3 years ago that bitcoin is not that popular or know compared today. Well, who would not love to have this update. I am happy for bitcoin and that I think everyone does especially those who are holding btc.
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December 17, 2020, 10:12:56 AM
 #17

Another ATH happened to the bitcoin and this year we are making history because we break the record of what is the ATH of the bitcoin in the year 2017 and I think it will rise more before end of this year.

The next move of the bitcoin is still unknown but I hoping it will not drops so we make more the price rise and we can beat more records and if that happen again bitcoin will become trending around the world which is good because more investors will come to invest to the bitcoin.
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December 17, 2020, 10:59:15 AM
 #18

My guess would be probably right like having 25K$ for the ATH to be recorded. Of course it should surpass the 2017 ATH recorded bcause we are already in 2020. It was 3 years ago that bitcoin is not that popular or know compared today. Well, who would not love to have this update. I am happy for bitcoin and that I think everyone does especially those who are holding btc.

Price at this point has started to fall and from high of 23400$ it has now back to 22600$. So is the downward trend started or just a small correction before it can take off again will be a question at this point of time. As it also rose too fast from 20k to 23k so can even expect more downfall unless whales continue buying from here.

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December 17, 2020, 11:07:34 AM
 #19

The price went up because the rich guys started shopping. And if they do this, it means that until Bitcoin reaches 30k or even 50k, they will not sell it. This means that bitcoin will grow.
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December 17, 2020, 11:13:56 AM
 #20

Before starting to count our chickens, I think we’d do well to look behind the curtain for the cause(s) of the run up.  

I think that in large part, it’s politics rather than fundamentals.  It’s looking ever more likely that there will be a new leftist administration in Washington next month, one bent upon instituting sweeping tax-and-spend policies, and Wall Street is going to get a large portion of the bill.  As we all know, money goes where it’s treated best, and that place will no longer be the US economy.  Money is now looking for a safe haven, namely alternative currencies.  The IRS is only now starting to seriously look at how to get control of DeFi.
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