Behold 30000

[iamwithyou]

Bitcoin is set to launch for 30000.

Stop loss       :                     22000

Lock profits    :                     27500

Time duration :                    Before new year.

[danglongbtc]

Here is mine:

Stop loss: 23,000
Lock profits I - 10%: 25,000
Lock profits II - 10%: 26,000
Lock profits III - 20%: 27000
Lock profits IV - 20%: 28000
Lock profits V - 20%: 29000
Lock profits VI - 20%: 30000

Time duration: till Jan, 21.

[asyakashi]

A good predictor of new movement and confidence at the start of the year. The pandemic has generated new investors due to the uncertainty of the world economy. I am with you waiting for the next increase.

[optimisticcm]

Bitcoin is set to launch for 30000.

Stop loss       :                     22000

Lock profits    :                     27500

Time duration :                    Before new year.

Why would you lock profits and exit here bitcoin and its epic new run is just getting started and I think it will completely go parabolic once it breaks 30k so personally I will hold onto my btc as I do not want to miss out on potential big gains in coming months.

[jossiel]

Bitcoin is set to launch for 30000.

Stop loss       :                     22000

Lock profits    :                     27500

Time duration :                    Before new year.

Good luck with that prediction.

Just for the record, have you done it yourself and you've bought on the levels that we have right now? Unlike you, most of the individual traders and newbies are not willing to enter at this time because it looks dangerous and not profitable for them.

But here you are, showing that we still have plenty of time to entry before the $30k and next price targets.

[iamwithyou]

Bitcoin is set to launch for 30000.

Stop loss       :                     22000

Lock profits    :                     27500

Time duration :                    Before new year.

Good luck with that prediction.

Just for the record, have you done it yourself and you've bought on the levels that we have right now? Unlike you, most of the individual traders and newbies are not willing to enter at this time because it looks dangerous and not profitable for them.

But here you are, showing that we still have plenty of time to entry before the $30k and next price targets.

We are in uncharted territory. This will determine the true value of BTC, and you know how committed  crypto enthusiasts are. Lack of other investment opportunities during pandemic is boosting it furiously. As per my research it will go up and up till 1st week of new year and then crash.

[Lhaine]

Why would you lock profits and exit here bitcoin and its epic new run is just getting started and I think it will completely go parabolic once it breaks 30k so personally I will hold onto my btc as I do not want to miss out on potential big gains in coming months.

You need to lock it in much secured currency if you want to secured your profit and you will not be hitted when correction is done. But if you are looking for long term investment to your Bitcoin then never mind his taking profit suggestions. you can do it in your own way and do it manually.

[iamwithyou]

Locking profits does not mean sold all bitcoins and get out of the trade. Just like stop loss there is take profit which help you running juice without risking massive sudden crash.

[jossiel]

Bitcoin is set to launch for 30000.

Stop loss       :                     22000

Lock profits    :                     27500

Time duration :                    Before new year.

Good luck with that prediction.

Just for the record, have you done it yourself and you've bought on the levels that we have right now? Unlike you, most of the individual traders and newbies are not willing to enter at this time because it looks dangerous and not profitable for them.

But here you are, showing that we still have plenty of time to entry before the $30k and next price targets.

We are in uncharted territory. This will determine the true value of BTC, and you know how committed  crypto enthusiasts are. Lack of other investment opportunities during pandemic is boosting it furiously. As per my research it will go up and up till 1st week of new year and then crash.

We'll look at it if that's exactly will happen on the 1st week of new year.

If the $22k is the price that it will crash. We still are in the right price to set our targets then.

Locking profits does not mean sold all bitcoins and get out of the trade. Just like stop loss there is take profit which help you running juice without risking massive sudden crash.

As per my experience, this is correct. For the newbies that don't use stop loss. Do it. It's much helpful when you don't know and where we're heading. This is just to secure still your money and stop further losses.

[Akiko]

Locking profits does not mean sold all bitcoins and get out of the trade. Just like stop loss there is take profit which help you running juice without risking massive sudden crash.

I think stop loss will only work if you are in margin or in future trading if you are in spot position then stop lost will not work for you. You need to do it manually which is very tiring and  you need to check the price always so you will not be left when there is a possible bear attempt in the market , it is much more difficult than to set all your orders  at a price you think is enough gain for you.

[seleme]

Locking profits does not mean sold all bitcoins and get out of the trade. Just like stop loss there is take profit which help you running juice without risking massive sudden crash.

I think stop loss will only work if you are in margin or in future trading if you are in spot position then stop lost will not work for you. You need to do it manually which is very tiring and  you need to check the price always so you will not be left when there is a possible bear attempt in the market , it is much more difficult than to set all your orders  at a price you think is enough gain for you.

No need to overcomplicate this, using the buy limit order will solve this for spot market traders. Instead of using a single sl order, having a buy limit order below market price will open a hedge position. Finding a profitable trading position and adjusting the trade position can be done in many different ways, checking the search engines will enlight the questions you have asked here. The trading education platforms will give the answers to the questions raised during trading but there is no concrete cheat sheet for all problems of traders.

[error08]

Bitcoin is set to launch for 30000.

Stop loss       :                     22000

Lock profits    :                     27500

Time duration :                    Before new year.

Good luck with that prediction.

Just for the record, have you done it yourself and you've bought on the levels that we have right now? Unlike you, most of the individual traders and newbies are not willing to enter at this time because it looks dangerous and not profitable for them.

But here you are, showing that we still have plenty of time to entry before the $30k and next price targets.

We are in uncharted territory. This will determine the true value of BTC, and you know how committed  crypto enthusiasts are. Lack of other investment opportunities during pandemic is boosting it furiously. As per my research it will go up and up till 1st week of new year and then crash.

The best price that I expecting before the end of the year is $25k, if bitcoin can reach up to $30k, it's even better for us.
Well, I'm not really sure what the peak price before a correction occurs that probably more than 10-20%, even if bitcoin manages to recover above $24k, it would be nice to get a portion of bitcoin by doing scalping. I would like to hear more about your research, do you publish your idea somewhere like on tradingview?

[exstasie]

Bitcoin is set to launch for 30000.

Stop loss       :                     22000

Lock profits    :                     27500

Time duration :                    Before new year.

Celebrating $30K already are we? And a 12 day time window? The greed is real!

Let's take a look at a few other sentiment metrics:

Binance funding rates at 0.05-0.08% the last few days. Bitmex too, and as high as 0.1%. You're definitely not the only one who is long on BTC right now!
https://coinalyze.net/futures-data/

Fear & Greed index at 92: https://alternative.me/crypto/fear-and-greed-index/

Shorts are at their lowest levels in 4 years. Bears are scared, meaning there are not many shorts to squeeze: https://bitcoinwisdom.io/grids/btcusd_longs_shorts

Keep reasonable stop losses and stay true to them if you are long. The chances for a very deep shakeout, based purely on technicals (volume, momentum) and sentiment are pretty high, whether from here, or $25K, or higher.

[jostorres]

I agree with the uncharted territory bit, that is why I am not sure what to do, nobody is really not sure what they want to do, I have friends who are expert traders and make so much money from trading and they have zero clue what is going to happen.

One thing I am pretty sure about is that ETH will be 1000+ dollars in a years of time, that is not 100% guaranteed as you might imagine, but that looks like a possibility, if we are at phase 0 of eth 2.0 and already at this price, that should mean that eth 2.0 phase 2 would probably mean over 1000 dollars easily, probably even more. But, what could end up happening would possibly be that bitcoin will crash (hopefully not) and price of everything else could crash with it, and when ethereum reaches to 300 or less because of that crypto crash, even with phase 2 best it could reach could be 500 dollars or so.

[exstasie]

........annnnnd he's stopped out:



So much for $30K before $22K. At least he was smart enough to use a stop loss. Unfortunately, he got stopped out right at the bottom.

I had a feeling this thread was a sign that a dump was coming. Sentiment is such an interesting thing to study! Question now is, was that it? Or was that the beginning of a larger shakeout?

[error08]

........annnnnd he's stopped out:



So much for $30K before $22K. At least he was smart enough to use a stop loss. Unfortunately, he got stopped out right at the bottom.

I had a feeling this thread was a sign that a dump was coming. Sentiment is such an interesting thing to study! Question now is, was that it? Or was that the beginning of a larger shakeout?

$22k is the support level at the moment and $24,2k probably the highest point for bitcoin for this year, furthermore the rally may have stopped the attempt to break $25k for now, or else, it's just a temporary delay to hit $25k at least until the next year. However, we could be wrong and investors keep coming to get involved in bitcoin investment as a reserve asset. Meanwhile, we can expect a range above $22k-$23k, because the rejection of 22k happened, it will target the top line around $24k. if bitcoin manages to stay above that then the next target around $26k.

[Mpamaegbu]

Bitcoin is set to launch for 30000.

Stop loss       :                     22000

Lock profits    :                     27500

Time duration :                    Before new year.

Next time, kindly put up a chart/graph to buttress your speculation, rather than making an open prediction without a lead. Of a truth, I have the feeling (owing to the recent activities of Bitcoin) that $30k isn't farfetched but I wouldn't buy blindly or advise anyone to based on what was put out here. Did anyone notice that the price fell back to around the $22k region? That is because price movement is like a kid trekking to school. You don't expect the kid to head straight to school without stopping or playing on the way. There is always space for delay on the way. $30k will come but I don't expect it to be a straight hit.

[TheGreatPython]

There is really the possibility that we will be hitting that $30,000 next. Looking at how things are moving we are in the right path to reach that high, and once it has gotten to that high , we can’t tell what will follow next, but it might likely be a fall, and to what extent ? That’s another thing we can’t tell .

The world is really focused on Bitcoin, and we keep on getting new investors all the time and there are institutions who are coming in with their huge bags and dropping it in the market. I can’t tell for now whether the price will drop when it reaches that high, when it gets to that point the kind of movement it starts taking is what will decide for me.

[palle11]

You need to do it manually which is very tiring and  you need to check the price always so you will not be left when there is a possible bear attempt in the market , it is much more difficult than to set all your orders  at a price you think is enough gain for you.

It will not be tiring to safeguard your money. You need to make effort to do that . Stop loss is good for trade to protect your account.

Stop loss is good for bear attempt because you don't need to panic of losing much to beat when it comes in your absence if you have ste your stop loss.

[CryptocurencyKing]

Bitcoin is surely getting somewhere in this bull run and with the look of the healthy trend now in the market, $30000 is not looking like something that can't be broken. Except market movers are unto something like manipulating the market by making many traders believe completely on the trend in the market and are tempted to go long thereby, a trend reversal or correction would just sweep traders of earned profit. this is why stop loss and take profit becomes of great importance. many traders fail to use it because they don't know how to set it properly. ST and TP not only guides your profit or stop you from loosing more than you can afford but also puts your greed in check. its a trading strategy that should be developed by traders.
Also, swapping coins to a stable coin to ensure its value remains relatively constant is a good idea when the correction starts playing out.