Bitcoin have jump to $27000, can this be maintain by 2021?

[Wisbrown]

Bitcoin have jump to $27000, can this be maintain by 2021?

[Rodeo02]

Bitcoin have jump to $27000, can this be maintain by 2021?

No it will not ,price is not always up and we need correction everytime there is a increase in price like today. But I believe we can see the 30k mark before the years end then a big correction about  -20 or -30% correction is needed for that high increase in price. but before that we need to break new ATH which is around 30k that what I think will  happen before 2021.

But if you are asking if we will see more increase in price in the whole 2021 yes possible we can see it , but it doesn't mean the price will always in up we need to also see down trend to make it balance for every one. And people will not be so much afraid to buy it if they see that there are correction happening already and we are just testing the support if that was that strong enough sto continue to climb up.

[JahriMeayer]

Not at all.its true that bitcoin has incridible requirement in market but that isn't mean it'll always only go forward. even right now i'm afraid about the crush which may take place anytime even before hit the $30k milestone.but i guess that would happened within 1st quarter of 2021 & has chance that btc could hit new ath milestone within those time duration.but i don't expect much from btc cause it already fulfill it

[Stedsm]

This looks like a hyper-bullrun ongoing and those who'll buy BTC even at this price won't regret doing so, because the sudden pumps with almost more than $1k-$3k pumped up higher in price is insane and I believe nothing could stop BTC unless there's something unusual happens ATM like the whales ending up the bullrun by shorting BTC on both spot and leverage markets (which is quite less likely).

[BitcoinPanther]

It looks like short trader had cashed out during the 27k price.  The price is now at 26k+.  Some minor correction before the uptrend continues.  Bitcoin is still in uptrend market so we can see prices going up and possibly more than 30k after couple of weeks.

[goaldigger]

Bitcoin have jump to $27000, can this be maintain by 2021?

$28k actually was the peak price and now we are down to $26k again so its really hard to say that we’re going to stay above this level because Bitcoin is too volatile for that. We are hoping to end this year on a better price and now its happening, 2021 is a big challenge for Bitcoin to create a new all time high again, we’ll see.

[passwordnow]

Bitcoin have jump to $27000, can this be maintain by 2021?

The price is correcting as I'm typing this post. I've seen it gone down from $27k. It's on $26,310 and could have gone lower. I think this is the same pattern that we get after bitcoin have made it on $24k then got back to $21k. This is needed to happen for us to see another all time high. It had made it through $28k and with this correction that's putting it down, we might see it go back stronger @ $30k within the next few days if the pattern and rise will be the same just like its steps on $24k - $28k.

[ene1980]

Bitcoin have jump to $27000, can this be maintain by 2021?

The price keeps on rising and we are breaking new record every day and that cannot continue like this all the time, we are bound to see a correction and this time around everything is changed because of heavy investment from institutional investors and how long they will be pouring in money is a factor when we might see a correction and how much it will be maintained next year.

[OgNasty]

It’s held up surprisingly well so far. Even the corrections have appeared bullish. There are lots of people fighting to own a few BTC. So long as that continues, the price could still go quite a bit higher.

[Wulan_maniez]

Bitcoin has a chance to have a new value by 2021, of course there will be some small corrections if  some short  trade traders
want to take advantage of this increase. Bitcoin is still strong with demand, so it's very strong to raise its price to $30K. That's
if large holders of bitcoin don't play the price and don't sell their bitcoins in a hurry.

[exstasie]

It’s held up surprisingly well so far. Even the corrections have appeared bullish. There are lots of people fighting to own a few BTC. So long as that continues, the price could still go quite a bit higher.

Any thoughts on the likelihood of larger corrections like January, March, June 2017? The type that had smoothie making this thread last month: https://bitcointalk.org/index.php?topic=5293310.0

People say institutional demand is too strong for such corrections. I'm torn because on one hand it's true, institutions are pushing the market into an entirely new supply/demand paradigm.

At the same time, the greedy sentiment ("price can't possibly fall because institutions are taking us to the moon now") is exactly how it should feel before a 40% crash.

[error08]

No one can give an exact prediction for 100% but we can say the probability exists and considerably enough to reach more than $27k in 2021.
But there might some corrections on the way, it just not seen yet, even the last pullback only dropped to $26k which has turned into the new support level so far.
We should wait and see how much the next correction will bring down the price of bitcoin, some say the rally will last until mid-January or push it to $35k, and the bear market will take over at that point until March, any case is good for me, sell and buy back in the dip.

[wxa7115]

Bitcoin have jump to $27000, can this be maintain by 2021?

To me this is an easy yes, we may see a correction here and there as it is impossible for the price to move upwards all the time but everything is still looking fine, governments all over the world are still printing crazy amounts of money and a lot of that money is coming to the market directly or indirectly.

And as a great deal of those that are buying now are withdrawing their coins from exchanges into their own personal wallets this just means the available supply in exchanges is going down while the demand is going up and that is a recipe for explosive growth.

[hahay]

I think at this time it is still possible to happen, because even in this long holiday situation, the price of bitcoin continues to strengthen. Because it seems that in previous years at least the end of the year saw prices weaken, but now what is happening is that the price continues to strengthen and I think the increase in bitcoin prices will continue until early next year. Therefore, at least the hope of surviving high values can last a long time because it seems impossible for prices to fall heavily before even touching the 30k level.

[DevilSlayer]

Bitcoin have jump to $27000, can this be maintain by 2021?

No it will not ,price is not always up and we need correction everytime there is a increase in price like today. But I believe we can see the 30k mark before the years end then a big correction about  -20 or -30% correction is needed for that high increase in price. but before that we need to break new ATH which is around 30k that what I think will  happen before 2021.

But if you are asking if we will see more increase in price in the whole 2021 yes possible we can see it , but it doesn't mean the price will always in up we need to also see down trend to make it balance for every one. And people will not be so much afraid to buy it if they see that there are correction happening already and we are just testing the support if that was that strong enough sto continue to climb up.

Correction are not always happening but consolidation and retest are always happening, people are expecting that the price of the bitcoin will go straight like an elevator without knowing and understanding how the market moves. The prices do not go in straight line and people should be aware of it, there are a lot of people who are making mistakes because they are just buying even if they do not fully understand how the price reacts. The price of the bitcoin reached $28,000 but it did not hold and if you will look the chart, there is a huge wick telling that the sellers are in control. The price is now consolidating again so expect that the price of the bitcoin will just move in its area of value or inside of the support and the resistance.

[Oasisman]

Bitcoin have jump to $27000, can this be maintain by 2021?

~snip~

Correction are not always happening.

Market correction does always happen everytime Bitcoin rises, and It's inevitable because cryptocurrency is an open market. A lot of traders will definitely sell during bull season and a lot of them will buy during the price drops.
I'm not a regular trader, but IMO consolidation usually takes place when Bitcoin has been through a rough correction and is  the price is getting ready for an uptrend again.
But one thing is for sure, there's always a correction during bullrun.

[LogitechMouse]

Bitcoin have jump to $27000, can this be maintain by 2021?

As of this moment, Bitcoin is at around $26,700 already.

Can this price be maintained by 2021?? I don't know and we don't know but base on its movement on the first months of 2021, we will see if this price is sustainable or not. I just don't hope that what happened in 2017-2018 will not happen again because this is almost like the same. The only difference now is that institutions are already in the market unlike last time that they aren't. Either way, the road will be rough. Corrections will happen more often next year possible.

[Gozie51]

It’s held up surprisingly well so far. Even the corrections have appeared bullish. There are lots of people fighting to own a few BTC. So long as that continues, the price could still go quite a bit higher.

I like that, that even the correction is firing high. Bitcoin technical analysis have all been defied. This is surprising the way the price is climbing too high to have an accurate prediction. I guess 28,000 was reach last week and we could see note of high beyond 27,000. Hodlers time and more keep fighting to go in for it which is one reason for this bull.

[samcrypto]

Bitcoin have jump to $27000, can this be maintain by 2021?

To maintain is a big question that no one can answer but since we are few days more, I'm sure Bitcoin can sustain its momentum and stay above $25k which still a good price level. The volume is still strong, no negative news yet about Bitcoin so I'm confident that on the first quarter of 2021, Bitcoin will stay on the up trend but its hard to speculate beyond the period.

[Reatim]

Bitcoin have jump to $27000, can this be maintain by 2021?

Who knows? the price stays that level until now ,falling slightly to $26,000 Level but climbing up again for a while.
Of course Many wanted this to happen ,But also those who had sold their coins Early December are Seeking for a chance to re enter again in Lower value as they sell.
But better to be open in all possibilities ,That Bitcoin may stay strong ?or Bitcoin may Crash again ,like what happen early this year and late 2017-2018.
though 1 thing is certain ,bitcoin will always make ATH ,may take time but surely will happen.