Bitcoin All time High $23k : What is secret of this High .

[kapalmabur]

There is no secret in bitcoin bulls, everything is clearly visible, good news and news of mass adoption we have always heard throughout 2020,
from news about Payapl, Singapore banks accepting cryptocurrencies and news of institutions buying large amounts of Bitcoin are some of the reasons.
good news that made Bitcoin price go up this year, it's a healthy increase and it's different from 2017. Keep that in mind.

[Rasel5209]

I am Not Understanding This high

17th December In Morning $22k When I Check in Noon Time $23K It Super High. 

Today 26 December 24.8k it price. I think recently it price overcome 30k. If you known about reasons i tell many investor invest her Money  to buying bitcoin. Today maket volume is high it's big reasons to buying bitcoin. Also today China invest in bitcoin. I think for this reason bitcoin price increase and it will be highly increase.

[Sebas.tian]

There are no concrete secrets about the bullish momentum of Bitcoin price, Bitcoin being a speculative asset has the all secret for it price movement, recently it price hit another all time high which was $25k. One of the biggest thing that has happened to Bitcoin now is the investment of institutional investors that are currently driving the wave of Bitcoin price, basically we might see something bigger in 2021.

[Shasha80]

To be honest I was also surprised by the increase in Bitcoin price this December, but after I read the news in various articles.
It turns out that many large companies have started to become interested in Bitcoin, and decided to invest in very large amounts.
If I'm not mistaken this month 10,000 BTC were bought by several companies. As we all know this positive news continues to
spread on various social media, so it's no wonder more and more rich people from around the world are starting to buy Bitcoin.
So now it is answered why the Bitcoin price can go up to reach the price of $ 24,900.

[Jating]

To be honest I was also surprised by the increase in Bitcoin price this December, but after I read the news in various articles.
It turns out that many large companies have started to become interested in Bitcoin, and decided to invest in very large amounts.
If I'm not mistaken this month 10,000 BTC were bought by several companies. As we all know this positive news continues to
spread on various social media, so it's no wonder more and more rich people from around the world are starting to buy Bitcoin.
So now it is answered why the Bitcoin price can go up to reach the price of $ 24,900.

The interest has started way back, it just the media has covering it in the last couple of months that really push the price because of FOMO. And why we reached another all time high today? more than $25k right now. It's because this institution or companies are not dumping even though we reach that price today.

But then are hedging and not using bitcoin as a speculative asset, as compare to 2017 wherein once we reach almost $20k, almost all whales and manipulators took profit. Now, it's hard to do that because of so many big players involved.

[CryptopreneurBrainboss]

There's a trend that's currently happening in the market which could be various dangerous in the short term. Each day sees bitcoin pumping by almost $500 to $1000 after the 25th of December. On the 25th bitcoin reached a milestone of $25k, same thing happened on 26th as bitcoin also reached another milestone of $26k and today been 27th of December we have also seen bitcoin recording a new highs of $27.9k and it still shows positive signs of further growths

Reports are coming in that it's the retail pumping bitcoin as a result of fomo this time and not the Institutional buy pressure as many are presuming which make the market more dangerous to buy in but this are all assumption and nobody can't predict the exact pricy bitcoin will reach before a possible pullback.

Edit: It seems as I was writing, bitcoin just crossed $28k, another milestone crossed now the target would be to reach $30k before the years comes to an end.

[Sled]

I can't hide myself being surprised. Every time I check on the market chart, always it pumping and pumping. We are happy that it surpasses $20k and now? Feels like we never end this Bullrun shortly since more big companies are adopting crypto particularly for Bitcoin. Some say it reaches $50k, gonna say it won't as we once neglected to think $25 is achievable this year due to the pandemic and crisis situation.

[bittick]

I can't hide myself being surprised. Every time I check on the market chart, always it pumping and pumping. We are happy that it surpasses $20k and now? Feels like we never end this Bullrun shortly since more big companies are adopting crypto particularly for Bitcoin. Some say it reaches $50k, gonna say it won't as we once neglected to think $25 is achievable this year due to the pandemic and crisis situation.

People are overhyped about this and they make various non sense prediction about the future price of bitcoin. This could be the second correction for the third waves bullrun that may happen with bitcoin very soon. I have expected the last wave could happen in the next month. We are heading a new year and everyone are willing to cash out their money.
50k is not an easy rate that could be reached. that makes the mcap of bitcoin will worth almost 1T dollars.

[yhiaali3]

I think there is no secret behind Bitcoin's rise in such a large way, this rally was expected a while ago after halving, but it was only a matter of time, Bitcoin has now crossed the  27,000$ threshold and continues to advance towards new highs and is expected to reach  30,000$.
I think that this scenario was predicted by many, but they were only waiting for it to come true, there may be some reasons that helped accelerate this rise, such as the increase in the mass adoption of Bitcoin after the Corona virus and Paypal's acceptance of bitcoin within its services.

[justdimin]

I think there is no secret behind Bitcoin's rise in such a large way, this rally was expected a while ago after halving, but it was only a matter of time, Bitcoin has now crossed the  27,000$ threshold and continues to advance towards new highs and is expected to reach  30,000$.
I think that this scenario was predicted by many, but they were only waiting for it to come true, there may be some reasons that helped accelerate this rise, such as the increase in the mass adoption of Bitcoin after the Corona virus and Paypal's acceptance of bitcoin within its services.

Yeah, we have reached over 28k, nearly hit 28.4k as well, goes up and down time to time obviously but that was the high. I can't believe that we have reached that high, I personally imagined that the best way to go would have been "barely breaking over 25k" as a optimistic situation, turns out I was wrong very much . So far on this big bull rush we had, every time I say "we can barely be at X price at max" we have broken over a lot of them.

I assume that people are excited about whats going to happen with bitcoin so they are all getting into it, I really hope we get to find more and more people who would be excited to join bitcoin. The year 2017 brought that as a great thing, sure we had a huge fall afterwards but there are tons of people who have got together in 2017 period and there are tons of people who learned about crypto and stayed from that year. I think 2020 and 2021 are and will be like that.

[Fredomago]

We beat our record in the year 2017 and we become more higher the value of the bitcoin and it's 23k doars is the ATH.
There is a lot of secret why bitcoin is rising and we saw again the all time high and I think the most reasons is people have unity this year of buying bitcoin and the result is rising the price and I hope until next few years will continue rising to earn more money.

It's  a new  record  and still trying  to achieved  for more. There's no  secret  aside from most trades holds while new investors  are placing  their investment.

The more money to invest  inside  the more high that  it will proceed.  People who have strong knowledge  understand   what bitcoin  can bring bring to them.  They are  all speculating  in  maximizing  the possible profits to gained.

More and more people  has been encouraged  to participate  and start joining  this investment  venue,  trusting  that in  anyhow bitcoin  will  bring decent benefits .

[CapGelatik]

I am Not Understanding This high

17th December In Morning $22k When I Check in Noon Time $23K It Super High. 

When viewed from the news, the secret of bitcoin can reach a new all time high, and can even reach $ 28k is because many institutions buy bitcoin when it experiences a correction,
of course this makes Fomo to traders and other investors, I like this can happen in 2020 ,
but unfortunately the impact of bitcojn's rise is bearish for altcoins.

[AakZaki]

Bitcoin brings decent benefits to everyone who is able to invest and get a lot of profit from that investment. The urge to invest, of course at first there were those who recommended it. The more popular Bitcoin is, the more people are interested. Especially with the current ATH achievement, many whales and institutional investors have entered to invest and trade. The end of 2020 will be the end of a happy year for those who still hold their Bitcoin today. There is no specific secret when bitcoin is able to reach the new ATH. only investors and traders started to converge on bitcoin.

[stomachgrowls]

I am Not Understanding This high

17th December In Morning $22k When I Check in Noon Time $23K It Super High. 

You should get used to it because price is always been a volatile thing and it can either go high or down into those levels that we havent able to reach.

Reason? Lots of them but the common will be talking of demand where the market had saw the potential of Bitcoin and able to adopt it and we cant deny that institutional money is flowing now
into this market. There's no need to know on any secret yet you can see it evidently.

We are reaching new highs every single time now where the price is playing 26k - 28k whici is really an indicator that we might really able to touch up 30k or even more.
Things should be done? Secure profits when profiting then buyback later on when theres correction.

[MrCryptHodl]

There is no secret  , the actual interest of people to the bitcoin and the institutional money who entered in the capitalization is the secret.

[CuriousGeorge]

There is no secret  , the actual interest of people to the bitcoin and the institutional money who entered in the capitalization is the secret.

Agreed, People are going in due to the institutitonal investors who has been sending hundreds of million dollars to buy bitcoin and they were following the trend to buy bitcoin.
The good news from various famous platform like paypal was also pushing the price of bitcoin even higher. This time the combination between FOMO and good news have been making people rushing bitcoin.

[Tahid12]

That's hard to understand for anyone how long bitcoin can go! Cause few days ago it was $22k as you said but it already broke $28k level even more and people & institutions keep buying bitcoin when there is a big chance to to fall  down the bitcoin price.there is a possibility that bitcoin price may go higher a little more but then panic situation would be created among people, would start selling it & dump the btc

[Yatsan]

There is no secret  , the actual interest of people to the bitcoin and the institutional money who entered in the capitalization is the secret.

Agreed, People are going in due to the institutitonal investors who has been sending hundreds of million dollars to buy bitcoin and they were following the trend to buy bitcoin.
The good news from various famous platform like paypal was also pushing the price of bitcoin even higher. This time the combination between FOMO and good news have been making people rushing bitcoin.

That is the same thing. No secret behind this all time price hike of Bitcoin. It was just merely the influence coming from institutional investors which creates a big movement on the price of Bitcoin plus the other events and news that happen with regards to Bitcoin that create also good popularity for people to make engagement towards Bitcoin for they thought that it will make them beneficial if ever Bitcoin attain a new price hike because of the happenings. It is all about good publicity making people rush towards purchasing and investing into Bitcoin together with institutional investors.

[MrCryptHodl]

There is no secret  , the actual interest of people to the bitcoin and the institutional money who entered in the capitalization is the secret.

Agreed, People are going in due to the institutitonal investors who has been sending hundreds of million dollars to buy bitcoin and they were following the trend to buy bitcoin.
The good news from various famous platform like paypal was also pushing the price of bitcoin even higher. This time the combination between FOMO and good news have been making people rushing bitcoin.

Exactly !!

[CapGelatik]

according to coinmarketcap this week Bitcoin has reached a 20% increase,
this is a pretty fantastic increase this year after the price of $ 20k broke out and reached $ 23k easily,
bitcoin is still not satisfied. Bitcoin price is now trading at $ 27k, of course it has reached another high,
I can't say anymore, so watch out for a correction.