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Author Topic: Bitcoin have jump to $27000, can this be maintain by 2021?  (Read 492 times)
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January 01, 2021, 03:49:37 PM
 #41

...

Indeed, having this amount of Bitcoin we shouldn't just make sell or buy right now, it would be better if we will think more wisely if it is worth to take the risk and buy at this point. Honestly, we don't know exactly when doest correction will enter but it seems institutions and whales are still kept pushing it so correction might be sooner, regardless we still need to be wary about these, better to be secure than never. Don't be afraid of the correction because I am pretty sure that it wouldn't be like as we had before because the growth today is firm and not just because of FOMO. Just like what everyone is expecting I also believe that it would be fruitful like we had in the last 2 months of the year.
Well, it is to understand that some people are still expecting that the price will continue to rise and neglect to think about the correction that will also come anytime. I'm not also bragging people to worry about the possible correction but just wanted to help people being aware of.

Institutional investors are still buying crypto but not this give us confidence that the market will keep in the rising momentum. I have missed the last 2017 Bullrun and not able to sell by Bitcoin because wanted to gain more. That is exactly how desperate to be controlled by our greediness.

The correction is normal to occur, at any time it can happen, the important thing is that the price has remained in a high range, which has generated a very good liquidity pool to resist bearish attacks, I think that this 2021 at least the The first month the price will not drop much, it may continue to rise even more.

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January 01, 2021, 04:34:12 PM
 #42

Bitcoin waiting for $50k after success raise above $29k, just waiting few months later bitcoin back on the track and keep going up for this year, good moment for bitcoin back again to higher price after last year become dominance for bitcoin price break above $20k. Later bitcoin raise more higher price and maybe more than $30k in this year.


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January 01, 2021, 06:49:06 PM
 #43

Bitcoin have jump to $27000, can this be maintain by 2021?
I agree that it doesn't look like there is any reason why bitcoin should fall right now. It looks like bitcoin price is going decent and for a bit more while it will probably go decent as well. Q1 is not guaranteed, I can tell you that for at least another month or so it may go great, but until march I am expecting some changes.

Bitcoin doesn't have a technical cap that stops the price from going up, but it has a logical and financial one where it gets harder and harder to increase, it takes more and more money to make it go higher, and we are reaching to levels where it is getting to a whole stock market prices, not just one stock, we are way beyond that, we are getting closer to whole stock market prices if we double our prices. Not USA obviously but some of the other nations, not third world nations neither, decent mid level nations as well.
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January 01, 2021, 07:07:58 PM
 #44

Bitcoin waiting for $50k after success raise above $29k, just waiting few months later bitcoin back on the track and keep going up for this year, good moment for bitcoin back again to higher price after last year become dominance for bitcoin price break above $20k. Later bitcoin raise more higher price and maybe more than $30k in this year.
There is probably a resistance for $30k becasue several times the Bitcoin price has hitted the said $29k+ without making it move toward the $30k, but, the said amount isn't that hard for bitcoin to meet. If bitcoin price will continue with this trending then the $30k amount won't be far for realizing before the month of January, 2021. Currently, if the bitcoin dominance continue there will be more higher value than just aiming at the $30k landmark before the first quarter of 2021.

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January 01, 2021, 07:23:00 PM
 #45

Bitcoin waiting for $50k after success raise above $29k, just waiting few months later bitcoin back on the track and keep going up for this year, good moment for bitcoin back again to higher price after last year become dominance for bitcoin price break above $20k. Later bitcoin raise more higher price and maybe more than $30k in this year.
There is probably a resistance for $30k becasue several times the Bitcoin price has hitted the said $29k+ without making it move toward the $30k, but, the said amount isn't that hard for bitcoin to meet. If bitcoin price will continue with this trending then the $30k amount won't be far for realizing before the month of January, 2021. Currently, if the bitcoin dominance continue there will be more higher value than just aiming at the $30k landmark before the first quarter of 2021.
We might or might not able to break that 30k price point for this 1st quarter but to think on how small that 1k movement then we can really presume that we would able to hit it up.
Lets not just forget that theres always a correction and thats the thing we should mind off rather than rushing to hit highs and instead on rushing up then better to secure profits first.
For now ive been waiting for the price to have some pullbacks for me to buy once again but it seems we are stabilizing in 29k price point or lower and doesnt really make some
possible next movements.So it is really hard to make out some decisions for this moment.

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January 01, 2021, 08:30:56 PM
 #46

We are currently at $29K for me the lowest price right now that could happen is $27K.
So I think that it is safe to assume that it would never be below $20K again but I could be wrong here.
What most of us are expecting is for it to cross over $30K but what would happen or what do those people expect after it finally reach $30K?
I think that we are expecting too much that is why we are devastated when the price falls down.
To be honest I am already satisfied when it go over $25K and grateful that it still went up so I would just watch what would happen next and enjoy it.

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January 01, 2021, 09:59:57 PM
 #47

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

As I've checked the updates this morning, btc showed progressive value and it remains to have it's strong momentum. We're just starting a good year of 2021, and there's no specific conclusions on that matter whether $27k will stabilized at this certain level. If possible there could be a market slight crash, due to dumps which is expected to come as well this year. The price was already high, so this is a big opportunity for every long term holders.
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January 01, 2021, 10:54:28 PM
 #48

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

As I've checked the updates this morning, btc showed progressive value and it remains to have it's strong momentum. We're just starting a good year of 2021, and there's no specific conclusions on that matter whether $27k will stabilized at this certain level. If possible there could be a market slight crash, due to dumps which is expected to come as well this year. The price was already high, so this is a big opportunity for every long term holders.
It surely still has the rising trend early this year as the bullish momentum isn't over yet. We saw that many business owners are still accumulating Bitcoin this time and this it hold the trend to decline but instead, this uplifts the market more and more. But, we shouldn't be much overwhelmed by its current flow, you can't just ignore how 2017 ended, and that also possible this time.
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January 01, 2021, 11:39:54 PM
 #49

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

As I've checked the updates this morning, btc showed progressive value and it remains to have it's strong momentum. We're just starting a good year of 2021, and there's no specific conclusions on that matter whether $27k will stabilized at this certain level. If possible there could be a market slight crash, due to dumps which is expected to come as well this year. The price was already high, so this is a big opportunity for every long term holders.
It surely still has the rising trend early this year as the bullish momentum isn't over yet. We saw that many business owners are still accumulating Bitcoin this time and this it hold the trend to decline but instead, this uplifts the market more and more. But, we shouldn't be much overwhelmed by its current flow, you can't just ignore how 2017 ended, and that also possible this time.
Im really having those doubts and fear for that situation to happen once again thats why we should really be careful and be wise towards our actions.
When it comes on maintaining it then that would always be a question because no one can know on what would be the future likes.
maintaining it is impossible because there would really be a time for such correction and price pullbacks thats why taking up actions on current conditions is a must have.
Set your goal or profit taking level and then rinse and repeat when theres a decline.

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January 02, 2021, 12:30:23 AM
 #50

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

So much depends on the adoption and the new people coming in to invest, we have seen how resilient the market is, it is able to bounce back after a big drop just like what happened when news of the pandemic broke out and made a lot of economy to go down, I have high hopes that it will not only maintain but sustain the price further to $30000.

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January 02, 2021, 06:10:48 AM
 #51

~snip~

With the current sentiments, I think that Q1 will still be as fruitful as November-December of 2020. The feeling of FOMO and euphoria is still up in the air, investors and even average joe are still investing despite the high price because they know that something big is still about to happen in 2021.

So I would say that we are optimistic that we can achieved even another exponential growth this year, $30,000 is just around the corner, so maybe $35k-$50k is really doable in the next 3-6 months of this year.

We hope that we will see good results as what we saw in the last two months, and if everything goes well, the bitcoin price will still increase and break $30k in this Q1. The investors will come to bitcoin and invest their money before the price start another rally, and hopefully, the price can really increase to the next ATH this year.

Yes, it is good if we have optimist to see what will bitcoin can get in the next rallies, and we should be prepared for that by having many bitcoin that will ready to sell at that high price.

~snip~
Indeed, having this amount of Bitcoin we shouldn't just make sell or buy right now, it would be better if we will think more wisely if it is worth to take the risk and buy at this point. Honestly, we don't know exactly when doest correction will enter but it seems institutions and whales are still kept pushing it so correction might be sooner, regardless we still need to be wary about these, better to be secure than never. Don't be afraid of the correction because I am pretty sure that it wouldn't be like as we had before because the growth today is firm and not just because of FOMO. Just like what everyone is expecting I also believe that it would be fruitful like we had in the last 2 months of the year.

I guess the correction came before when the price is down. Now bitcoin is going up again, and I think it could hit $30k this weekend. I just hope that what we want will happen soon, so we can sell some bitcoin and take a profit for that price. But if you feel that you want to wait for the other high price, you can hold it for more, and you can buy it more bitcoin before the price really increases. We need to use the correction to buy more bitcoin because, after the correction, the price will start to increase.
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January 02, 2021, 06:22:47 AM
 #52

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

So much depends on the adoption and the new people coming in to invest, we have seen how resilient the market is, it is able to bounce back after a big drop just like what happened when news of the pandemic broke out and made a lot of economy to go down, I have high hopes that it will not only maintain but sustain the price further to $30000.
Too close bitcoin jump abve $30,000 and waiting little time how bitcoin become most discussing on the forum with higher price, When Donald Trump the hater of bitcoin have gone from United President I think Joe Bidden will give positive side from bitcoin as investment assets and waiting how bitcoin most popular in the world and have good price again.


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January 02, 2021, 06:51:50 AM
 #53

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

So much depends on the adoption and the new people coming in to invest, we have seen how resilient the market is, it is able to bounce back after a big drop just like what happened when news of the pandemic broke out and made a lot of economy to go down, I have high hopes that it will not only maintain but sustain the price further to $30000.
Too close bitcoin jump abve $30,000 and waiting little time how bitcoin become most discussing on the forum with higher price, When Donald Trump the hater of bitcoin have gone from United President I think Joe Bidden will give positive side from bitcoin as investment assets and waiting how bitcoin most popular in the world and have good price again.

Anyway, we don't need his approval in order for the bitcoin to thrive in the market. Even without their endorsement, we are already doing good. And just look at the price of the btc, we are still not seeing the "correction" here as we are hitting a new ATH. But we should be alert in the coming months as we don't know when this will stop and start going down again.
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January 03, 2021, 10:37:51 AM
 #54

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

So much depends on the adoption and the new people coming in to invest, we have seen how resilient the market is, it is able to bounce back after a big drop just like what happened when news of the pandemic broke out and made a lot of economy to go down, I have high hopes that it will not only maintain but sustain the price further to $30000.
Too close bitcoin jump abve $30,000 and waiting little time how bitcoin become most discussing on the forum with higher price, When Donald Trump the hater of bitcoin have gone from United President I think Joe Bidden will give positive side from bitcoin as investment assets and waiting how bitcoin most popular in the world and have good price again.

Anyway, we don't need his approval in order for the bitcoin to thrive in the market. Even without their endorsement, we are already doing good. And just look at the price of the btc, we are still not seeing the "correction" here as we are hitting a new ATH. But we should be alert in the coming months as we don't know when this will stop and start going down again.
Always have correction for bitcoin price after break up higher price, but we don't have any correct prediction when bitcoin will get correction after have higher price $34k, will now correction moment? I think still not yet because bitcoin look good price now and have chance break more than $34k, just have prediction about $36k become the way for bitcoin will correction before going up more.


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January 03, 2021, 11:44:11 AM
 #55

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

It's to early to tell but we do have a good start and if their is no bad news coming, of course there are still FUDS but it cannot sustain we have full 11 months to go so many things are going to happen but I believe we have past the hardest storm let's just see what 2021 can offer now.

I believe that to since there are more incoming fuds especially when they are pointing out the ETF again for sure they will use that issue to fud bitcoins and create little noise to weak hands, but hopefully I really hope that this time those issues regarding on that situations will not affect on bitcoin as well hopefully there's no big exchanger hacks or other more so that we can see bitcoin sustain its good pumps right now.

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January 03, 2021, 02:46:45 PM
 #56

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

It's to early to tell but we do have a good start and if their is no bad news coming, of course there are still FUDS but it cannot sustain we have full 11 months to go so many things are going to happen but I believe we have past the hardest storm let's just see what 2021 can offer now.

I believe that to since there are more incoming fuds especially when they are pointing out the ETF again for sure they will use that issue to fud bitcoins and create little noise to weak hands, but hopefully I really hope that this time those issues regarding on that situations will not affect on bitcoin as well hopefully there's no big exchanger hacks or other more so that we can see bitcoin sustain its good pumps right now.

Believed it or not though, during a bull run, those negative news doesn't affect the market that much, of course there are going to be correction along the way, but it will be just trivial and flimsy pullback. And every chance that an investor see a good opportunity to buy more bitcoin,  they will do that specially those huge companies supporting it right now. So again, we are going to see tremendous growth this 2021.

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January 03, 2021, 07:07:15 PM
 #57

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.
While the year is still too young bitcoin is showing that it is still going strong and at this point there is no reason to believe otherwise, we must follow the tendencies that show in the market especially those that are as strong as this one.

It will be interesting to know if at some point governments are going to take a look at bitcoin and try to do something about it, as the main reason bitcoin is going up is because institutional investors are using bitcoin as a store of value to protect themselves from the policies of the government, and that is a problem for them as they cannot use the inflation tax to reduce their wealth anymore.

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January 03, 2021, 10:43:42 PM
 #58

Candles on daily time frime, did you know? There are two possibilities, thats is forming a bearish candle and no,
all will have the answer when the daily candle ends, if the Bitcoin price can stay above $ 33k, then I make sure the bullish continues,
but if it is still below $ 33k and even below $ 32k, I am pessimistic, because the daily candle will form a shooting star, and this is a bearish candle, be careful.



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January 03, 2021, 10:54:01 PM
Last edit: June 12, 2023, 02:00:03 AM by STT
 #59

Sunday candle I've seen disregarded by some as its looked very bearish previously.   Theres profit taking by those who have closed books on non working days, round about now those main market traders go live hence some source of selling appears.   I dont know that leads into a greater amount of selling, the trend up is even too slow to keep up with recent rises so we are purely just on 2 day average most of the time.



Present price is above the initial sharp rise and sell on Jan 2nd

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January 04, 2021, 04:15:49 PM
 #60

Quote
As i said in the previous topic the same like this.. It will eventually stable around 25k for almost a month early in 2021 the go 27k for two to three months then eventually by November or December reach 30k.

Well that won't be bad although we have already recorded highs of $37+k and anything below that high is not likely as there's room for more growth. The Institutional investors are still loading their bags and will only announced when they're do so to create fomo and push the market upwards resulting to them cashing out (easy profit).

The retail investors won't be left out of the party too, the corrections that occured few hours ago could be seen as an opportunity for for them to jump into the market which is why we're seeing a quick recovery. Now the price has go back up to $30k+ after falling by almost $7k.

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