acener (OP)
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December 19, 2020, 02:42:32 PM |
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Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?
And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?
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Upgrade00
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December 19, 2020, 02:53:57 PM |
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what do you think the highest price would be?
You would need to give a time frame for this to be answered. What I expect the price to be in 1-5 years would be different from what I expect in 6-15 years from now. Also, much shorter term price predictions (12 months) would be a lot different. I also want to ask your idea on what price would be the peak price before it gets a price correction?
I personally would not expect massive corrections during this current bull run, maybe <30%, although we'll likely have multiple price declines as it climbs higher (volatility), but it's to vague in my opinion for any prediction on when it would happen. Some people try to predict this in order to short or buy the dip, but there is a high likelihood they'll lose out in the end.
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aioc
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December 19, 2020, 03:43:37 PM |
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Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?
And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?
There could be a correction anytime now and we are still 12 days to go I figure $25000 is the best price that the price can go if we have a correction coming earlier and price start to pick up again we could end up with $25000, I'm good at any price as long as there no crash coming this year, we'll have the whole 2021 to speculation.
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LUCKMCFLY
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December 19, 2020, 06:14:33 PM |
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I think that how everything is going, a technical value that can be taken and consolidated is $ 25k, the emotions in the market are being reflected at the moment, there is a lot of sales volume, although the price is rising, it looks great bullish trend in it, I hope the emotions in people continue to grow. In this section on tensorcharts.com you can see for days: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F6LGU5nO.png&t=665&c=QZWyfV95Q7tq7A) The volume it shows is the real one for Bitfinex, now the last candle seen in the volume is in red, which means that they are selling, however it will continue to grow in price.
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BrewMaster
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December 19, 2020, 06:27:58 PM |
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i think it is perfectly easy to reach $25k before the year ends specially since there has been a very good rise so far and we are currently sitting above the ATH and all the resistances that it imposed on bitcoin.
there could also be a panic buying because every year a certain percentage of the market thinks that there should be a dump just because it is the end of the year and when their prediction doesn't come true they always panic buy.
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There is a FOMO brewing...
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Noctis Connor
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December 19, 2020, 07:14:28 PM |
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Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?
And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?
It is depend on the supply and investors of the bitcoin if big companies and billionaire invest into bitcoin and trust the process maybe in the next 2-3 years bitcoin price will be about $39k or maybe more as you can see when other theory for the price of bitcoin even the it is changes time to time bitcoin price hit its best price now, we should expect more about bitcoin because this is the future not only for our economy but for the future of people who uses and invested into bitcoin.
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Fortify
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December 19, 2020, 07:18:24 PM |
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The perpetual question for the speculation message board - what will the Bitcoin price be? If history has shown anything, it is that very few people can predict what the price is doing to an accurate level and it is best to just think independently of all others. I wouldn't keep all my money in Bitcoin with the expectation that it will keep growing, but with it's recent track record it would be sensible to have 5-10% allocated out of all your assets.
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jossiel
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December 19, 2020, 07:37:17 PM |
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Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?
And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?
A question that has the answer that no one can never know. But if it's just asking about our opinions and ideas how much it would take for bitcoin to correct. Then, the price would likely be around $22k-$24k. It just topped $24k. We might see the start of correction but if there's still no sign of it, we just have to wait until it comes. While we're on it, enjoy the ride while it lasts. And for the highest price, we could see it at $25k just like how it has surprised us on $24k a while ago. But it might come like a flash.
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acener (OP)
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December 19, 2020, 07:47:43 PM |
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Seem's like most of us are really expecting that the best price before this year ends would be $25K. It is also the price that comes to my mind when I am thinking about the possible highest price for this year I just want to know other members opinion.
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AmoreJaz
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December 19, 2020, 07:49:48 PM |
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Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?
And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?
A question that has the answer that no one can never know. But if it's just asking about our opinions and ideas how much it would take for bitcoin to correct. Then, the price would likely be around $22k-$24k. It just topped $24k. We might see the start of correction but if there's still no sign of it, we just have to wait until it comes. While we're on it, enjoy the ride while it lasts. And for the highest price, we could see it at $25k just like how it has surprised us on $24k a while ago. But it might come like a flash. yes, what we can have is just mere speculation here. no one can exactly say that he is confident of giving a number before this year ends. but yeah, we're looking at $25k here very easy. 10 more days to go and guess what? in crypto, a lot of things can happen in that period of time. if you want to take advantage of this opportunity, either you can have intermittent trading here or just hold. but we cant be sure for what may happen in the next coming months, so better create a strategic plan for your funds.
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Dutchyyy
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December 19, 2020, 08:49:55 PM |
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I expect the Bitcoin price to bounce between $22K and $23K in the next 12 days. I don't expect to hear any big news before New Year's Ev. Most probably, we will enjoy small volatility around the holidays.
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crzy
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December 19, 2020, 09:38:31 PM |
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Let's go for a $25k price and beyond before the year end and I do hope that we continue the trend as we welcome a new year and a new chapter for Bitcoin. We're all waiting for the correction but I'm sure the correction will not that much just like before, and I think we are still bound going up so there's no sign of correction yet, maybe in the 2nd quarter of 2021, we might see it.
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Wysi
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December 19, 2020, 09:54:02 PM |
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It has already crossed $24,000 and I think it would go atleast till $30,000 before the correction period. What if there is no correction period for next one month or so? If we don't encounter any correction period till the end of January then the value of Bitcoin could touch a remarkable number which we wouldn't have imagine.
Let's consider $27k as check metrics for Bitcoin and if Bitcoin achieves this number by Christmas then we can be rest assured bitcoin will cross $30k by end of year.
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Kemarit
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December 20, 2020, 02:09:02 AM |
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Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be?
Obviously, the next big target is $25k, this is the price that most forum members wanted to see before the end of this year. And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction?
No one really knows, currently, I will say $25k, but we can't see whether this is the top or not. If $25k can be breach without any correction then the next logical target $30k might be highest price before we can eventually see a retracement of sort that will pull back the price to the next resistance level, $20k or $25k.
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Fundamentals Of
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December 20, 2020, 03:21:54 AM |
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Hi since we already broke past $20K and we have been around $23K for awhile I want to ask my co-forum members what do you think the highest price would be? The price actually went beyond $24,000 for a short while. And since I don't want to create more threads I also want to ask your idea on what price would be the peak price before it gets a price correction? We have already corrected. We are on it right at this moment. The price bounced after it breached the $24,000 level. I assume the rally will resume any hour from now. Bitcoin is still in the most bullish of bull runs right now. The next rally might bring the price above $25,000.
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masterzino
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December 20, 2020, 04:51:44 PM |
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Without any extraordinary news, I think the max we will see is $25K.
People are now tempting to sell and cashout at least part profit, so there is pressure to put the price down.
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error08
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December 20, 2020, 05:18:02 PM |
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Without any extraordinary news, I think the max we will see is $25K.
People are now tempting to sell and cashout at least part profit, so there is pressure to put the price down.
The ath was $24,2k and bitcoin may against a resistance level at $24,5k if the time has come. People tend to cash out before Christmas, so the correction could happen before December 25th. We will see if the pattern repeated this year and if bitcoin fails to break $25k, then it may not get to that point until next year.
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jossiel
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December 20, 2020, 07:52:10 PM |
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yes, what we can have is just mere speculation here. no one can exactly say that he is confident of giving a number before this year ends. but yeah, we're looking at $25k here very easy. 10 more days to go and guess what? in crypto, a lot of things can happen in that period of time. if you want to take advantage of this opportunity, either you can have intermittent trading here or just hold. but we cant be sure for what may happen in the next coming months, so better create a strategic plan for your funds.
Truly, a lot of things can happen with that short period of time. But I'm more hoping that with that period whether it reaches another new high or not, as long as it's maintaining itself to $20k, we're all good already. That price is already a win to us and it's much better if it's the newest support that we can ever get before this year ends. That's not too much to ask because the crypto market is always volatile and bitcoin could get high and low within the time frame.
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Jating
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December 20, 2020, 09:46:26 PM |
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yes, what we can have is just mere speculation here. no one can exactly say that he is confident of giving a number before this year ends. but yeah, we're looking at $25k here very easy. 10 more days to go and guess what? in crypto, a lot of things can happen in that period of time. if you want to take advantage of this opportunity, either you can have intermittent trading here or just hold. but we cant be sure for what may happen in the next coming months, so better create a strategic plan for your funds.
Truly, a lot of things can happen with that short period of time. But I'm more hoping that with that period whether it reaches another new high or not, as long as it's maintaining itself to $20k, we're all good already. That price is already a win to us and it's much better if it's the newest support that we can ever get before this year ends. That's not too much to ask because the crypto market is always volatile and bitcoin could get high and low within the time frame. Right, above $20k at the end of the year? It's already a win as we have set a new all time high this 2020. But as I have said previously in other thread, the narrative has change, bitcoin is still a speculative asset, but more investors are looking at it as hedge, that's why we don't see that much dump when we top $20k. So if $25k is the top for this year and reach last week of December, then it is already a bonus, a super fast rally as no one thought that $25k can be achieved this year because of the pandemic.
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bitzizzix
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December 21, 2020, 01:28:56 AM |
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We should be happy because the increase in the price of bitcoin has exceeded the predictions of everyone who predicts the price of bitcoin at the end or beginning of the year to reach 20k. The current price of bitcoin is an all-time new ATH, but it won't just end because in the future there will likely be another ATH that is even higher, and to hit 25k, I think that could happen in the near future as the last ATH hit 24k and close to that price.
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