lunnatic
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COMBONetwork
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December 21, 2020, 12:02:17 AM |
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$ 30k can indeed happen, but not now, not this year, 2021 will be a special year for cryptocurrencies, $ 30k or even $ 50k might be achieved next year, given the mass adoption there will be a lot, reportedly Libra will also be launched in the year 2021.
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asriloni
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December 21, 2020, 02:57:40 AM |
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Bitcoin needs to surpass the strong resistance between 24k - 25k before it will able to touch 30k again. We will see what will be happening next month as a new year will be coming too. I don't like when bitcoin was hitting more and more ATH caused by I can't load more bitcoin into my wallet as the price is so high. I'm still waiting for the bitcoin to go down. It makes me feel good and at the same time I feel so bad missed the golden chance to buy bitcoin when it was around 10k.
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ardentvolcanoes
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December 21, 2020, 03:51:37 AM |
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Bitcoin has always amazed me, Bitcoin's performance this year has really surprised many people. Because many people predict Bitcoin this year will only reach a price of $ 22,000. But the reality is that Bitcoin's all-time high price has reached $ 24,200 this year. But my advice is to be careful and don't buy Bitcoin for now, because there is a possibility that the Bitcoin price could suddenly drop. With the already high Bitcoin price increase, there should be a correction in the near future. Hopefully Bitcoin doesn't go down too deep and can go up even higher.
If you plan to invest make sure that you are ready it's true that chance of dropping is high as most of the time correction happened after moving bullishly, there's a big chance that holders who gained good amount of profits will cash it out and wait for another dip, and due to holiday season chances also that investors and holders will sell it to use for their holiday expenses.
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kapalmabur
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December 21, 2020, 04:16:50 AM |
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$ 24k is a new all time high, but that's just the beginning, a new all time high will be reached at $ 50k, and there is a high probability that this bullish trend will last until 2022, if 2021 Bitcoin reaches $ 30k then a big chance of reaching $ 50k. I do not recommend you to hold on to the long term, because of the risk, follow your own analysis.
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Swopon
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December 21, 2020, 05:47:32 AM |
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Yes, another ATH achievement in this year and hopefully it will hit around $30k within next 7 days but not sure. By the way, there has a strong resistance on around $23k . So, the price is now stable that can be claimed and enjoy the ATH value of this year.
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maydna
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December 21, 2020, 05:55:56 AM |
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$ 24k is a new all time high, but that's just the beginning, a new all time high will be reached at $ 50k, and there is a high probability that this bullish trend will last until 2022, if 2021 Bitcoin reaches $ 30k then a big chance of reaching $ 50k. I do not recommend you to hold on to the long term, because of the risk, follow your own analysis.
Bitcoin price was already hit that $24k, and now, the price back increases after struggling at a low price. Sooner or later, the price will be back to $24k, and even the price will have more chances to hit $25k. Although we are not sure if the bitcoin price can hit $25k this month, we are at the end of the year. Everything can be possible for bitcoin price to break the $24k-$25k in the next year. We hope that the bullish trend can stay in the market for a long time. Although there will be many fluctuations in the price, that will not be a problem for bitcoin because the price will still increase. It is better to use any chance to take profit while we can before the time to take part is gone.
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sportclub2010
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December 21, 2020, 11:34:13 AM |
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By the end of the year, perhaps at the beginning of the next, there will be a correction. There will be a slight calm, the exchange rate will stabilize. People will think again about investing in bitcoin. Then the price can grow up to 30k.
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nrvasquez
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December 21, 2020, 11:42:58 AM |
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I followed this yesterday, very interesting. I think there will be many more influential people who will do the same and maybe that will make bitcoin prices better and go up again
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qory
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December 21, 2020, 12:27:19 PM |
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Let's just hope it wouldn't just stay around $30k some people says that it could go high as $100,000 if that happened well that's really great for everyone who holds their bitcoin for a long time.
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Delisaara
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December 21, 2020, 12:39:30 PM |
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No buddy, the price of $ 24k is the highest price and it can't go up anymore, this is the time for bitcoin to go down again, maybe it will hit the price of $ 16k in the near future, and I'm not sure bitcoin price will hit $ 30k. the $ 24k price tag is the top price and it can't go up any more, that's in my opinion.
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Question123
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December 21, 2020, 04:58:09 PM |
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It is nearly possible to reach the value of 30k dollars per 1 bitcoin this year or of course the year 2021. This year will beat our record in the year 2017 and I hope next year we beat again the ATH of the bitcoin in the 2020 or making new all time high price for the bitcoin.
Beating the price that we reached in the past few years is another achievement for us and every year we can make a new history here in the cryptocurrency.
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ScamViruS
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December 21, 2020, 05:21:23 PM |
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No buddy, the price of $ 24k is the highest price and it can't go up anymore, this is the time for bitcoin to go down again, maybe it will hit the price of $ 16k in the near future, and I'm not sure bitcoin price will hit $ 30k. the $ 24k price tag is the top price and it can't go up any more, that's in my opinion.
There is a lot of talk now about the next Ath of Bitcoin. Because $20k was the previous huge ath for bitcoin, but it has now broken down and crossed the new ath that is $24k. However, the market is now in such a position that it is difficult for ordinary traders to predict the next step. Since you are saying that Bitcoin will stop here and cannot go to $30k, I think you have enough analysis as to, why Bitcoin will not go in this range.
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el kaka22
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December 21, 2020, 05:53:34 PM |
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These new all time highs are bringing a lot more light to bitcoin in the mainstream world and people need to realize how important that is. Without the mainstream attention we wouldn't have been at $24k neither, with higher and higher prices bitcoin became a lot more known in the wall street world and bloomberg channel started to give more attention to it as well and all of those resulted with bitcoin being bought more by richer people and that is how we ended up here as well.
It means we are going to end up with even higher prices as long as those rich people keep investing money into crypto as well. That is at least what I believe will happen, not sure if we are going to have anything more because we are already very high, so even rich people may not be able to pull off another big run, but having them with us is better than having them against us.
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CryptopreneurBrainboss
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December 21, 2020, 11:03:47 PM |
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I guess the big push is coming from these institutional investors who are buying multi-million dollar worth of bitcoins. However, we need to be vigilant also because they may sell off anytime and it will have impact in btc price in the market. This is indeed a history in the making for bitcoin community.
No doubt the institutional investors are having their presence felt in the industry although I'm of the opinion they aren't directly influencing the market instead their action are. Why I'm assuming this is because they buy their coins in bulks of multi billion dollar value which if this were to be done on the spot exchanges, it'll cause a more surge in price than what we're currently recording. They're buying this coin 'over the counter' which is why they're making it public so the fomo steps in and caused a reaction in the market. The more the news of their multi million dollars purchase get publicize on the news outlets the more the chances of more users foming into the market to get a shared of the profit expected to follow. This news of new highs also contribute in its own way. We're just half way into the bull run so more high should be expected untill mid 2021. Although we shouldn't expect this to be a straightforward event instead some corrections will come and this will shake off the weak hands and give whales more opportunities to acquire more coins at discount price.
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lobo13hf
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December 21, 2020, 11:26:49 PM |
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No buddy, the price of $ 24k is the highest price and it can't go up anymore, this is the time for bitcoin to go down again, maybe it will hit the price of $ 16k in the near future, and I'm not sure bitcoin price will hit $ 30k. the $ 24k price tag is the top price and it can't go up any more, that's in my opinion.
that needs the time for bitcoin to prepare the strong support. Did you see how bitcoin was able breaking the strong resistance around 20? That means if bitcoin has a lot of potential to break another ATH too. There will be a lot of money coming to the crypto and this can push the price of bitcoin. Imagine when there will be more and more billionaire will have started to take bitcoin as a part of their porto. it might bring bitcoin into the another ATH for sure.
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Cherylstar86
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December 21, 2020, 11:36:34 PM |
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We're too early to celebrate, just think of a stabilized value between $20k to $24k. The price will just roam on that certain level before highest expectancy would come further. This progress is good only for btc holders, somehow other altcoins didn't show anything good for this month of December. Somehow lots of people hoping for brighter future on their holdings as well.
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SquallLeonhart
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December 23, 2020, 02:46:51 PM |
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Yeah ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) , the news of big companies spending billions of dollars worth more than the billions of dollars they put in. That is obvious because I read news about how "this company bought a billion dollars worth of bitcoin in November" in December but the price goes up anyway. It means that company already bought a month ago, so what they did should not be felt right now right? Like they already bought and it has been a month, the affect can't be felt today, yet the price went up anyway, why? Because people who read that news bought as well, when you see big companies invest into crypto that much, you think to yourself (or some people do) "if they can spend that much and buy bitcoin, they must know something" and you invest with them. Which is why I believe news of them getting involved worths a lot more them actually investing money directly.
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blckhawk
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December 23, 2020, 03:42:46 PM |
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$ 30k can indeed happen, but not now, not this year, 2021 will be a special year for cryptocurrencies, $ 30k or even $ 50k might be achieved next year, given the mass adoption there will be a lot, reportedly Libra will also be launched in the year 2021. Yeah, I also doubt that Bitcoin will hit $30k this year but rather it would more likely happen in 2021 even reaching the $25k as well. The fact that bitcoin price was playing around $23-$24k right now and I think the resistance will continue. I believe that the rally was not yet over because a lot of companies and institutions are still coming so there's a high possibility that Bitcoin could grow even more we can imagine. But remember don't be greedy and set your target price to sell it's better to be sure than never.
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acener
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December 23, 2020, 03:59:32 PM |
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I am not really surprise with it anymore because I believe that the highest price that it could reach before this year ends is $25K. Or it is what I expect but I know that it could go above it next year so we would see the ATH climb up next year.
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