Bitcoin touch 22000$. 🤑 what's Next?

[KTChampions]

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.

Unfortunately, this is not the case. There was no deep retracement. I am still thinking about the buyback. Even at the current level, if I do this, I will make a profit in bitcoins (this is an excellent result). Most likely I will wait for the beginning of the week - it seems to me that by this time the picture will clear up.

[pixie85]

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.

Most people await that level and for this reason I think we'll either come short or overshoot.

It's normal for Bitcoin to hit targets that are not expected by the majority like when we were expecting 20 thousand when we hit 14 last year we came short and corrected but but in 2017 and 18 we overshot a number of times.

[Fortify]

If anyone could predict the future then they would most certainly be a very rich person. Needless to say, Bitcoin is a relatively limited commodity with only 21 million in circulation and comparable commodities like Gold are being pulled out of the ground with a seemingly infinite supply. It just depends if enough Bitcoin can stay in circulation and the means to convert it to a fiat currency remain accessible across borders, as the primary desirable trait for it is as a liquid currency unit.

[ultrloa]

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.

Most people await that level and for this reason I think we'll either come short or overshoot.

It's normal for Bitcoin to hit targets that are not expected by the majority like when we were expecting 20 thousand when we hit 14 last year we came short and corrected but but in 2017 and 18 we overshot a number of times.

But things are different to day since bitcoin has a lot of support due to what happen recently we get a series of big news happened that's why I think we will not go the same on year 2017-2018 level where we got a huge bad shoot came in the market.  But let's maybe see on what will happen next year since there still many things to consider and hopefully we see Bitcoin dominance slaying in year 2021.

[meldrio1]

$23,000 was already touched so now we speculate to hit Bitcoin at $25,000 before end of the year. In my opinion there is a chance to hit it, as long there is no bad news about bitcoin and only the good news will be spread.

[ethereumhunter]

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.

Did you saw what happens with the bitcoin price yesterday? Because after the price hit $23,700, the price slowly goes down and we saw the price reach $22,400  (if I am not mistaken). And after that, the price starts to increase again this day. Yes, we are finally back to the $23k again after down to $22k. So I guess that the bitcoin price can go down again. I am not worried about the dumps happening because I always know that will happen after hitting the highest price.

[aioc]

$23,000 was already touched so now we speculate to hit Bitcoin at $25,000 before end of the year. In my opinion there is a chance to hit it, as long there is no bad news about bitcoin and only the good news will be spread.

Even if there is no bad news the market could still go down, the Cryptocurrency market is one of the highly volatile market in the trading business, because people are selling and buying on their own reasons, we can only speculate and right now the best price could go up to $25000 and the correction could go down to $20000, still good price though.

[Jating]

$23,000 was already touched so now we speculate to hit Bitcoin at $25,000 before end of the year. In my opinion there is a chance to hit it, as long there is no bad news about bitcoin and only the good news will be spread.

Even if there is no bad news the market could still go down, the Cryptocurrency market is one of the highly volatile market in the trading business, because people are selling and buying on their own reasons, we can only speculate and right now the best price could go up to $25000 and the correction could go down to $20000, still good price though.

That's what I'm thinking as well, the new support will be the previous all time high.

Currently it touches $23,500 and it could go as high as $24k in the next 4 hours and could close the daily candle again in green. If it did, then it will remain bullish to $25k before the end of the year, so why not go for it if we can enough buyers to push it to that levels.

Of course we should prepare for any correction, we already know how volatile it is so we should have the mentality to face it when the price goes down.

[RealMalatesta]

Everyone is in love with bitcoin right now, I understand that when price reaches to these levels people get too excited about bitcoin and they want to see what it could become in the future but the reality is that bitcoin has increased way too much to make you that kind of profit again right now. For example, we have increased around 3x in the past 1 year right? That means if we were to let bitcoin increase another 3x from here on out, it would be around $65k or bigger, and I do not think we are going to reach those levels anytime soon.

However just because it did made that kind of profit, everyone jumps into bitcoin hoping for similar type of increases, they talk about how it will be $100k or something, the reality is that anyone who starts buying bitcoin NOW, will be late for a profiting that much, you can still profit but not x3 in a year if you bought now.

[KTChampions]

RealMalatesta

On the one hand, it is, but on the other hand, I see that my acquaintance holders are very nervous and think even more tensely than before about where the price will go. They have already made good profits and now have a difficult choice - to fix it now or hope for further growth and take risks.

[lunnatic]

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

Furthermore, it looks like Bitcoin will try to reach the highest price again at $ 35k,
it is indeed a difficult choice to hold, considering the trauma in 2017 bitcoin started to bearish after reaching high prices,
of course it is a lesson so we are not greedy.

[jaberwock]

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

Furthermore, it looks like Bitcoin will try to reach the highest price again at $ 35k,
it is indeed a difficult choice to hold, considering the trauma in 2017 bitcoin started to bearish after reaching high prices,
of course it is a lesson so we are not greedy.

Yeah, we need to keep this buy pressure up, I know it is costing everyone a lot of money to keep buying right now, but if we do not keep going we are going to have a crash. There are too many people who bought under $10k, even more than that there are people who bought under $20k as you might imagine because we have been above that for few days, which means there are tons of people who are selling to take out their profits, even if they are selling only the capital and keeping the profits in, that is a huge sum of money

It means there is a huge amount of reason to continue without selling so we need to find a reason to continue buying as well, telling people "because you can profit" will not be enough soon, we are going to have like 5-10% increases at best, biggest aim should be staying above $20k and that means people will not worry about making huge profits but no losses as well, so we do not need to find another reason to keep buying.

[Psynthax]

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!

I mean, correction often happens after pump and it's really normal but considering all the things happening around bitcoin including the massive buys made by those investment firm isn't this bullish market is kinda an exception to the usual cyclic correction?
Though that's just my opinion but imagine if the price keeps on increasing just because there's forces to drive like paypal opening up service to exchange bitcoin and such.

[TheGreatPython]

Do not be worried that it went down a little, it was a near 5% fall and everyone acts like this was the biggest fall that ever existed, just be calm and realize that bitcoin is still above $23k and that is a huge price. We went to $20k (and not even $20k fully, around $19.7k) in 2017 and ever since that day we have been waiting to reach to ATH again for the past 3 years, when we first managed to break over it on 12th we failed to do it again for nearly a week again and dropped under $17k, everyone assumed we would never go back up again and start a crash. What happened?

Instead of that, we managed to actually reach to a point where dropping from over $24k to under $23k became a "news" as in bitcoin is dropping. This is not a news, it is just a correction and corrections always happens after big increases so there is nothing you need to worry about.

[2double0]

It is time for btc to show some corrections and that sudden drop was a signal that it will get under 20k once before it continues its rally above the latest ATH over $24k. I have read and understood that btc is still very bullish on the charts and fundamentally too, but corrections are coming.

[GelatikKembar]

After $ 22k, then pumped to $ 24k, and a correction to $ 21k,
I think the $ 20k level is a key bullish for bitcoin,
I hope $ 20k doesn't break down, it's terrible if that happens.

[Wulan_maniez]

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

I see even bitcoin today is at $23K more. Even this price had been reached earlier yesterday, after he moved down to $22K.
It’s  likely  that  bitcoin will  continue to price steadily to $24K.  But what we  don’t want  is bitcoin  moving  down  that fast.
That’s probably now what   worries all of us.  I hope we experience  nothing like 2017 right now.  Maybe now we’re smarter
than we were yesterday.

[Kong Hey Pakboy]

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

I see even bitcoin today is at $23K more. Even this price had been reached earlier yesterday, after he moved down to $22K.
It’s  likely  that  bitcoin will  continue to price steadily to $24K.  But what we  don’t want  is bitcoin  moving  down  that fast.
That’s probably now what   worries all of us.  I hope we experience  nothing like 2017 right now.  Maybe now we’re smarter
than we were yesterday.

I think it is one reason why many of us are preventing ourselves from buying bitcoin because bitcoin's price is stable at $22,000+. After all, we don't want to experience the same thing that happened in the year 2017 that bitcoin's price started to fall rapidly; that is why a lot of people who recently buy bitcoin that time lost a considerable amount of profit. But I positively think that it won't happen again because many crypto users are steadily holding their bitcoin to continue the bullish season.

[Cherylstar86]

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

Next move will be $25k or better, let's wait until further highest price would initiate a good value. Right now it was just stabilizing and gaining a good momentum, because most traders are still accumulating their holdings. Traders did buy and sell simultaneously.

[Inspiron14]

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

Next move will be $25k or better, let's wait until further highest price would initiate a good value. Right now it was just stabilizing and gaining a good momentum, because most traders are still accumulating their holdings. Traders did buy and sell simultaneously.

I think the next move will be to $ 30k, because someone expert told me that $ 30k is something very important for bitcoin, things are still bullish, don't throw the bitcon too early.