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Author Topic: Bitcoin touch 22000$. 🤑 what's Next?  (Read 413 times)
ethereumhunter
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December 17, 2020, 11:24:00 AM
 #21

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.

We can at least make a profit now if we are worried about what happens to bitcoin later. If we take the profit now, we will have a chance to buy back bitcoin, and we can get more bitcoin because we already take profit. But it is okay if you think the bitcoin price will increase a few hours later, so you do not sell it right now. This new ATH surprise us and we are in the middle of this month, so I guess that we will get more surprises from bitcoin. So stay in tune with bitcoin price, and do not forget to make a profit.

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December 17, 2020, 12:46:07 PM
 #22

Bitcoin is now over 21k+ now we can ATH and its touch 22k+ What you think about btc next move?
in my opinion the price of bitcoin is up to 21k
it could be that at the end of the year the price of bitcoin will increase even more and it could be that it will set a new record with a very high price
😊

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, 12:52:21 PM
 #23

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.



Or else, we can still be technical in terms of visiting our trading our to see the point where many holders are preparing to sell. If I am not mistaken, there's a feature in Binance that allows us to see the sell order of the holders, at that point, we can have a hint that the price of Bitcoin might decline if that price point was hit.

But that doesn't really mean that the market will collapse, always consider that we are just looking at one exchange and there's a ton of exchange out there and many are still holding their Bitcoin outside of an exchange which makes it hard to predict whether they plan to sell or hold. All I can see from the market is that, from time to time, ATH becomes higher and higher because of the driving forces such as halving and demand.
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December 17, 2020, 01:05:50 PM
 #24

Bitcoin is now over 21k+ now we can ATH and its touch 22k+ What you think about btc next move?
You should edit this thread because the 23k is already answered.

actually that is 23,586 to be exact.

We are in Bull run now that we may expect the $25,000 barricade to be broken ,and then correction will follow so be aware.

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December 17, 2020, 01:36:13 PM
 #25

Bitcoin is now over 21k+ now we can ATH and its touch 22k+ What you think about btc next move?
It's already above $23k, the price is growing rapidly. I don't know what to expect because I didn't think Bitcoin would go above $20k this year, and yet it did. The market is unpredictable, so there are three outcomes which are all somewhat likely: the price will fall down, like it did in 2018; the price will continue going up; the price will stabilize at a new ATH. It all depends on where the community of Bitcoin owners stand: would people cash out or keep hodling? A correction will happen eventually, I think, but maybe we're not at the maximum point yet, so the price can keep growing for now.

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December 17, 2020, 02:04:21 PM
 #26

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

Right now, bitcoin is in $23k and i'm looking forward for it to reach $25k which is not so impossible to happen.

As we see that there's a good thing happening in cryptocurrency world, then this is the best time for us to make transactions depending on our goal. This is the best time to benefit our crypto asset after all of this hardships that we are dealing in this pandemic. I also found that ETH is much profitable right now in the market, so don't forget your altcoins because they are also making huge profits for us.
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December 17, 2020, 02:10:05 PM
 #27

Bitcoin is now over 21k+ now we can ATH and its touch 22k+ What you think about btc next move?
it already reached to 23k at some point today and again turned back to $22700+ . next step of this year would be 25k in my opinion. I think $25,000 is easy target and Bitcoin will cross it in this year.  we'll see new massive highs and achievements of bitcoins next year.
in 2021 it may cross $30k.

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December 17, 2020, 02:20:07 PM
 #28

Bitcoin is now over 21k+ now we can ATH and its touch 22k+ What you think about btc next move?
it already reached to 23k at some point today and again turned back to $22700+ . next step of this year would be 25k in my opinion. I think $25,000 is easy target and Bitcoin will cross it in this year.  we'll see new massive highs and achievements of bitcoins next year.
in 2021 it may cross $30k.
Many of us really hope to reach the 25k price point before this year-end and I think it is possible knowing how bitcoin moves today. To be honest, I am not sure if this bull run will continue after this year, I might just play safe and just hodl my bitcoin belongings and sell some when chart sticks get out to my chart analysis.
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December 17, 2020, 02:20:23 PM
 #29

Bitcoin is now over 21k+ now we can ATH and its touch 22k+ What you think about btc next move?
it already reached to 23k at some point today and again turned back to $22700+ . next step of this year would be 25k in my opinion. I think $25,000 is easy target and Bitcoin will cross it in this year.  we'll see new massive highs and achievements of bitcoins next year.
in 2021 it may cross $30k.

$25k is not that far I believe. This is really a momentous event in crypto. Breaking the old ATH and now we are making another history with bitcoin. No wonder, these institutional investors keep on buying their bitcoin stash. But as a holder, you need to be alert also with the market as it can go down anytime. It is already a good time to sell some of your satoshis if you are seeing yourself that you need money in the next few days.
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December 17, 2020, 03:01:57 PM
 #30

I think there should be a correction... Maybe after the 24,000 mark... A parabolic rise is never permanent, and corrections on such a rise happen on a massive scale!

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December 17, 2020, 04:01:38 PM
 #31

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.
Reaching that value is not that far from the reality since the price already reached $23k. And we are all hoping that it will continue and keep on rising before the year ends. The bitcoin itself is on the top 12 lists on the stocks, and that is a good opportunity for everyone who doesn't know bitcoin, that they are being curious about what bitcoin is. An opportunity that the knowledge about bitcoin will spread. That is good news also if those countries who banned the usage of bitcoin to adopt it now.
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December 17, 2020, 07:44:21 PM
 #32

I think there should be a correction... Maybe after the 24,000 mark... A parabolic rise is never permanent, and corrections on such a rise happen on a massive scale!
Im anticipating that from time to time whenever i do saw that theres some huge spike in price and just like on what is happening at the moment where
bitcoin did break its ATH and not only that where it also reach out almost 24k or seems its unstoppable which it isnt really that right to see these movements
soo fast because it will really be a having a corresponding flipping in the end of the line.We cant just see a market do move continuously in a short span of time.
Asking on whats next with the price? No one knows but it would be much preferable if we do go on a slow-paced but having a strong support kind of market.

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December 17, 2020, 08:11:54 PM
 #33

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

The fulfilment of Bitcoin had surpassed $20k as predictions took place on discussions rumored around last week, and now it's been happening. The next move will be heading forward to $25k if there's no bigger corrections, bullrun is unstoppable when destined to commence. Don't ignore every single minute, we need to accumulate our holdings just to benefit from specific price increase.
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December 17, 2020, 10:42:48 PM
 #34

$25k is not that far I believe. This is really a momentous event in crypto. Breaking the old ATH and now we are making another history with bitcoin. No wonder, these institutional investors keep on buying their bitcoin stash. But as a holder, you need to be alert also with the market as it can go down anytime. It is already a good time to sell some of your satoshis if you are seeing yourself that you need money in the next few days.

I agree with you - 25k is very close and can be reached in the coming days, in fact, this will not be anything unusual, as in percentage it will be the usual price change. Right now I am thrilled to have exited at 13.5 and now I have a tough choice of buyback level.

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December 18, 2020, 09:09:06 AM
 #35

$25k is not that far I believe. This is really a momentous event in crypto. Breaking the old ATH and now we are making another history with bitcoin. No wonder, these institutional investors keep on buying their bitcoin stash. But as a holder, you need to be alert also with the market as it can go down anytime. It is already a good time to sell some of your satoshis if you are seeing yourself that you need money in the next few days.

I agree with you - 25k is very close and can be reached in the coming days, in fact, this will not be anything unusual, as in percentage it will be the usual price change. Right now I am thrilled to have exited at 13.5 and now I have a tough choice of buyback level.

Unfortunately, bitcoin prices are back to the lower price again, but bitcoin price is not down too deep because the price is back to the $22k level, which means the price is reduced for more than $1k. But I am sure the price will increase again because bitcoin price does not touch the real ATH, and yesterday is for a small rally of bitcoin.

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December 18, 2020, 09:37:49 AM
 #36

$25k is not that far I believe. This is really a momentous event in crypto. Breaking the old ATH and now we are making another history with bitcoin. No wonder, these institutional investors keep on buying their bitcoin stash. But as a holder, you need to be alert also with the market as it can go down anytime. It is already a good time to sell some of your satoshis if you are seeing yourself that you need money in the next few days.

I agree with you - 25k is very close and can be reached in the coming days, in fact, this will not be anything unusual, as in percentage it will be the usual price change. Right now I am thrilled to have exited at 13.5 and now I have a tough choice of buyback level.

Unfortunately, bitcoin prices are back to the lower price again, but bitcoin price is not down too deep because the price is back to the $22k level, which means the price is reduced for more than $1k. But I am sure the price will increase again because bitcoin price does not touch the real ATH, and yesterday is for a small rally of bitcoin.

What lower price? We are currently at $23,000 and the market is doing an outstanding performance even if we saw some several upsets yesterday, maybe worry for those dumps happening but instead we should take it as a big opportunity to grab and enter the market to gain from its positive volatile movement. Many people are not afraid about those small dumps since its normal and bitcoin is showing a good sign for good recoveries happening recently.

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December 18, 2020, 06:58:23 PM
 #37

I think there should be a correction... Maybe after the 24,000 mark... A parabolic rise is never permanent, and corrections on such a rise happen on a massive scale!
You are right, there is a big wall at the price $ 24250. If the price does not break or breaks a little then a correction will still occur. At least it will return to a price of $ 21750 or more. Currently the market is trying to hold the price around $ 22500 to $ 23200. Then look at the RSI for Time Frame 1D is still at - + 77 has not reached 100 or more so the possibility to go up is still there. This is just my analysis but I hope it happens. I also hope that when BTC corrects all coins don't follow because many coins still don't go up following Bitcoin. Apart from that, I would like other coins to have new ATH after 2017.
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December 18, 2020, 07:26:14 PM
 #38

The price of the bitcoin is still in healthy move but it recently touched its new formed resistance at $22,800, if you will analyze the yesterday's candle; you will observe that there is a wick wherein it telling that there are sellers in that area. I'm looking forward to see bitcoin in a small consolidation (1-10 days) before it makes a move again. Take note that we are in ATH so there are still a lot of crazy move that we can see and for me patience is the most important thing that we should have but we should be careful and it for me it is the reason why we should have risk management. For those who are trend following like me, only sold your bitcoins if its price hits your trailing stop because in that way we can protect and preserve our gains.

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December 18, 2020, 08:18:38 PM
 #39

Since it is already almost at $ 23k there is a high possibility that the Bitcoin begins to take a bullish turn towards $ 25k, it is just a matter of waiting, at the moment there is a growing volume, it is very favorable. When looking at tensorcharts.com you can see the green of the buy:



Source: https://tensorcharts.com/

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December 18, 2020, 10:01:04 PM
 #40

^^ I hope we can see $25k at the end of the year because I was thinking that a correction might happen as the rally has somewhat stop. Regardless though, we are still very bullish and it's possible that since we have broken $23k numerous time, this super rally at the end of the year might have some more steam to get it to $25k, so we will see.

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