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Author Topic: Price of #Bitcoin on Christmas  (Read 402 times)
BitcoinOfficialGroup (OP)
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December 25, 2020, 02:01:43 PM
 #1

Price of #Bitcoin on Christmas Eve:
2020: $23,400
2021: ? ? ?
https://i.imgur.com/qDcWZzg.jpg
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December 25, 2020, 02:53:30 PM
 #2

Price of #Bitcoin on Christmas Eve:
2020: $23,400
2021: ? ? ?


I think next year it's going to be around 40,000 next Christmas Eve. The only downfall will be on the Chinese new year.
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December 25, 2020, 02:59:31 PM
 #3

Price of #Bitcoin on Christmas Eve:
2020: $23,400
2021: ? ? ?
https://i.imgur.com/qDcWZzg.jpg

I think next year it's going to be around 40,000 next Christmas Eve. The only downfall will be on the Chinese new year.
I think too. the price will be minimum 35k
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December 25, 2020, 03:04:35 PM
 #4

since this looks a lot like 2016 and from 2016 to the end of 2017 price went up 1466% and if nothing changes the price should be $375,840.
but i don't think things would remain the same with the way bitcoin adoption is increasing these days so the price should start rising up a lot faster and bigger so my speculation is on reaching $500k.

There is a FOMO brewing...
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December 25, 2020, 03:13:21 PM
 #5

since this looks a lot like 2016 and from 2016 to the end of 2017 price went up 1466% and if nothing changes the price should be $375,840.
but i don't think things would remain the same with the way bitcoin adoption is increasing these days so the price should start rising up a lot faster and bigger so my speculation is on reaching $500k.
Do you think the price will be 500k end of 2021?
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December 25, 2020, 03:16:57 PM
 #6

Price of #Bitcoin on Christmas Eve:
2020: $23,400
2021: ? ? ?


This is Christmas eve, and currently the price is above 24k USD.
Tbh by seeing the price chart from the past 6-7 years, it really makes me happy.
I am thinking of the people that have hold their Bitcoins from 2014 onwards, they will be buying lamborghinis for sure lmao.
Nevertheless let’s hope that next year, the price will again go high, so that we can sell our holding bitcoins with more profits Smiley

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December 25, 2020, 03:17:06 PM
 #7

I am looking at a minimum of 100k next Christmas. Huge adoption awaited the year 2021. Things will go crazy than anyone can ever imagine.

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December 25, 2020, 03:19:14 PM
 #8

Price of #Bitcoin on Christmas Eve:
2020: $23,400
2021: ? ? ?


I think next year it's going to be around 40,000 next Christmas Eve. The only downfall will be on the Chinese new year.
-snip-
Commonly (based on 2011 until now) when we face/held Chinese new year the price will drop, but I'd think it's not the main concern. Because if nationally holiday/event will make bitcoin price drop, Christmas and New year will also dropped too... but it's not.

Bitcoin in bullish right now and there's strong resistance with high volume trading, if it continuously performing very well and get more adoption... $100,000 is very possible to reach.

P.S. Better to resize your image, it may hurt few people eyes or took times to reload successfully.


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December 25, 2020, 03:36:33 PM
 #9

It's hard to predict bitcoin's price nowadays and it's much more harder to predict for Christmas time as Bitcoin and Christmas doesn't gel well. I think if Bitcoin manages to provide strong resistance this year then next year bitcoin will trend atleast above $30k.

Expectations will be running high if Bitcoin stays above $24k till the end of the year.

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December 25, 2020, 03:56:27 PM
 #10

Price of #Bitcoin on Christmas Eve:
2020: $23,400
2021: ? ? ?


I think next year it's going to be around 40,000 next Christmas Eve. The only downfall will be on the Chinese new year.

Well, let us hope that next year will have more surprise from bitcoin. I believe it is just the beginning of bitcoin and next year will be more than this 2020 ATH if the investors will continue to increase everyday.

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December 25, 2020, 03:57:12 PM
 #11

since this looks a lot like 2016 and from 2016 to the end of 2017 price went up 1466% and if nothing changes the price should be $375,840.
but i don't think things would remain the same with the way bitcoin adoption is increasing these days so the price should start rising up a lot faster and bigger so my speculation is on reaching $500k.
Do you think the price will be 500k end of 2021?

i think there is a very strong possibility based on the performance of bitcoin in the past 10 years and the way things have a tendency to always speed up as we enter the bull market.
for example price now is rising a lot faster than it was rising 6 months ago and will get faster 6 months from now.
plus then moment we break $100k there will be a mad surge of money into bitcoin as everyone suddenly wake up one day knowing they've missed out and start panic buying.

There is a FOMO brewing...
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December 25, 2020, 04:03:20 PM
 #12

It's hard to predict bitcoin's price nowadays and it's much more harder to predict for Christmas time as Bitcoin and Christmas doesn't gel well. I think if Bitcoin manages to provide strong resistance this year then next year bitcoin will trend atleast above $30k.

Expectations will be running high if Bitcoin stays above $24k till the end of the year.

Let's hope minimum 3x Cheesy
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December 25, 2020, 04:24:18 PM
 #13


Expectations will be running high if Bitcoin stays above $24k till the end of the year.

I don't expect that $24k is not likely to fall because no price is strong enough not to fall. If we study the last bull in 2017, it came up to that high but it crashed within months. That means we can not rely on any price not to fall.
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December 25, 2020, 06:07:07 PM
 #14

It's very hard to make predictions like this, especially long-term. But given what happened after the previous ATH, I expect the price to fall in 2021. However, being a bit optimistic about it, I think that since the support for the current ATH is still pretty strong, I don't think the lows will be as devastating as before. So I'd expect it to be around $15k in a year, and I think it would be a great result for Bitcoin if that's the case. More importantly, I hope it actually makes some progress in adoption by then, the price is not that essential.

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December 25, 2020, 06:57:28 PM
 #15

2010 low
2011 still low
2012 nice
2013 holy shit!

rinse, repeat

2014 low
2015 still low
2016 nice
2017 holy shit!

rinse, repeat

2018 low
2019 still low
2020 nice
2021   prediction:  holly shit! 


fuck deeponion, fuck bitcoincash, all glory to one BITCOIN
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December 25, 2020, 07:36:13 PM
 #16

See the 2016-2017 pattern. We had halving this year and bull run started on the same month as 2017.
I'm speculating about 10x for the price of bitcoin but it could also happen earlier than we are expecting. We are looking like in a bull run that seems unstoppable but it will stop for sure but we don't know when.

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December 25, 2020, 08:34:27 PM
 #17

I said it months ago and will say it again: my personal prediction for 2021 is $80-120k. It's really not a big surprise anymore to see such incredible increases yet so many people miss them out thanks to FUD and FOMO.

Just invest some bucks and simply forget about their existence. If you accept the risk of a potential Bitcoin price crash, you will likely be good. A decentralized economy where people have the power rather than the governments is something the humanity will never cease to need.
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December 25, 2020, 09:22:49 PM
 #18

Price of #Bitcoin on Christmas Eve:
2020: $23,400
2021: ? ? ?


I think next year it's going to be around 40,000 next Christmas Eve. The only downfall will be on the Chinese new year.

Damn! This is amazing, sometimes I look back and wonder if Bitcoin is really where it's presently at. Like an ATH of $25k for real? We've really come a long way, and I'm expecting something higher next year(even though the negative face of volatility could strike).



 

 

 

 

 

 


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December 25, 2020, 10:09:50 PM
 #19

I said it months ago and will say it again: my personal prediction for 2021 is $80-120k. It's really not a big surprise anymore to see such incredible increases yet so many people miss them out thanks to FUD and FOMO.

Just invest some bucks and simply forget about their existence. If you accept the risk of a potential Bitcoin price crash, you will likely be good. A decentralized economy where people have the power rather than the governments is something the humanity will never cease to need.

Despite of the pandemic worldwide, that doesn't stop the people from seeking an opportunity through bitcoin. This is really an opposite situation if you have to recall during Christmas of 2017-2019, because the trend cashed the entire market. Right now the recovery beats the $20k predictions. Investment risk while on topmost value of btc, is a win or lose scenario and if you think you aren't doing well then you can independently pullback that asset once it's not showing any progress.
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December 25, 2020, 10:17:53 PM
 #20

If Bitcoin is at $50,000 by the end of the 2021 then we can be happy but given the rate at which big companies are getting involved and how Bitcoin is actually looking like such a solid long term investment, I think that Bitcoin is just starting to eat into gold and FIAT and has the potential to chew off a lot more. I am hoping that a $60,000 price is a reasonable estimate for Christmas 2021 before hitting $100k some time in 2022. The future is looking bright.

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