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Author Topic: Bitcoin price, January. $20000 or above possible?  (Read 692 times)
Baofeng
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January 12, 2023, 09:47:20 PM
 #61

The price I saw Bitcoin was two days at 17k isn't same price it is today @18k+ even though the difference in price isn't that significant it's to some persons a measure of hope that the bull will soon erupt only that nobody knows when.
There's still hope and am convinced, by the end of January it should be hitting 20k in price and should it hit 20k then it's a wake up call that the bull market is just by the corner. To those that can accumulate, now is the time best to do so, the price is still favourable I think.

The price today surpassed 19k for a very short amount of time so reaching 20k during this month seems like a real possibility, however it would be interesting to see if we can go above that level as I expect for a strong resistance to take place there, still it is nice to see bitcoin finally showing some signs of a recovery as we were very close to the bottom for a very long time and this had a lot of people worried that the price could go even lower at some point in time.

Did we? I didn't see the price reaching $19k, but if it did then yeah, possible that $20k could be in the horizon for us. I'm one of those who think that $20k is too much this month, but I'm changing my stance. There seems to be some factor that pushes the investors right now to pour their money and continue to accumulate as early as this month.

What I witnessed is the price going into $18,800-$18,900, and it's another start of the day for the Asian market so we will see if there is another push for $19k. And hopefully it will and sustain that price for the next 24 hours so that the biggest barrier and the round number of $20k will be our target next.

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January 12, 2023, 09:48:26 PM
 #62

The price I saw Bitcoin was two days at 17k isn't same price it is today @18k+ even though the difference in price isn't that significant it's to some persons a measure of hope that the bull will soon erupt only that nobody knows when.
There's still hope and am convinced, by the end of January it should be hitting 20k in price and should it hit 20k then it's a wake up call that the bull market is just by the corner. To those that can accumulate, now is the time best to do so, the price is still favourable I think.

The price today surpassed 19k for a very short amount of time so reaching 20k during this month seems like a real possibility, however it would be interesting to see if we can go above that level as I expect for a strong resistance to take place there, still it is nice to see bitcoin finally showing some signs of a recovery as we were very close to the bottom for a very long time and this had a lot of people worried that the price could go even lower at some point in time.
If there’s no selling pressure to take an early profit, probably $20k will be an easy price to break.
There’s a good momentum now with the market, most of the good coins already pump on a good percentage so probably we might see a better price before the end of January or maybe not as the Chinese is coming where we can know the selling will also be there as many will prepare for it. Anyway, the first quarter seems to be better let’s give more time for BTC to recover this quarter.

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January 12, 2023, 11:41:03 PM
 #63

The price today surpassed 19k for a very short amount of time so reaching 20k during this month seems like a real possibility, however it would be interesting to see if we can go above that level as I expect for a strong resistance to take place there, still it is nice to see bitcoin finally showing some signs of a recovery as we were very close to the bottom for a very long time and this had a lot of people worried that the price could go even lower at some point in time.
Yeah, I thought so too because it's a really amazing thing that Bitcoin has passed $19K today even if only for a short time. And now that Bitcoin is showing another recovery by moving up in the last few days so a hit for $20K is unlikely to be hard to see within this month. I also want to see if strong resistance actually sets in once Bitcoin is at $20K again, as this is the recovery many have been waiting for in Bitcoin.

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January 13, 2023, 02:28:00 AM
 #64

The price today surpassed 19k for a very short amount of time so reaching 20k during this month seems like a real possibility, however it would be interesting to see if we can go above that level as I expect for a strong resistance to take place there, still it is nice to see bitcoin finally showing some signs of a recovery as we were very close to the bottom for a very long time and this had a lot of people worried that the price could go even lower at some point in time.
Yeah, I thought so too because it's a really amazing thing that Bitcoin has passed $19K today even if only for a short time. And now that Bitcoin is showing another recovery by moving up in the last few days so a hit for $20K is unlikely to be hard to see within this month. I also want to see if strong resistance actually sets in once Bitcoin is at $20K again, as this is the recovery many have been waiting for in Bitcoin.

I think there were be resistance at $19k as shown in the last 4 hours range, we did reach it unfortunately it was just for a short time. Meaning that there are selling that is going on when we peak at $19k.

Nevertheless, this is just the beginning, we shall see in the next 24 hours. If we can touch it again, then most likely the next pass will be the $20k that we have touch before, prior to the FTX collapse.

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January 13, 2023, 02:48:26 AM
 #65


I think there were be resistance at $19k as shown in the last 4 hours range, we did reach it unfortunately it was just for a short time. Meaning that there are selling that is going on when we peak at $19k.
The Bitcoin market is on the rise. Despite this, the bears aren't giving up. There is a crucial level of resistance that Bitcoin must overcome. At $19k, Bitcoin feels like it is experiencing bull euphoria. What are the chances of it rejecting $19k again? Let's see what happens. Up until the end of January, it's going to rise.

Nevertheless, this is just the beginning, we shall see in the next 24 hours. If we can touch it again, then most likely the next pass will be the $20k that we have touch before, prior to the FTX collapse.
Are we finally going to see a breakout? It would be great to see that wedge break bullish. As a result of the FTX collapse, the pump was delayed.

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January 13, 2023, 02:50:32 AM
 #66

it possible if break the 19K level I saw a deman/resistance zone in daily timeframe and Stochastic RSI daily timeframe is at overbought level I think we are gonna see the price will down to 18K level to test support if we bounce we might see 20K level but Im optimistic the 20K level happen on end of January or early february

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January 13, 2023, 03:44:30 AM
 #67

Quote from: Oshosondy
Will bitcoin price increase in January?

Yes, there is a sign Bitcoin price is showcasing in the market that made many people to believed that before the end of January the price will definitely increase higher for those that invested massively in bitcoin to use this month to achieve something suitable from the market. The price of Bitcoin has increased from $17,542 to $18,842 few days ago, showed that bearish season is about to leave the market for bullish season to take over the market for the expectation of long term investors to come through in the community. Now that the price has increased to $18,843, showed that there is a hope of winning something big in this January.

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January 13, 2023, 04:37:12 AM
 #68

$19000 achieved few hours ago.

it possible if break the 19K level I saw a deman/resistance zone in daily timeframe and Stochastic RSI daily timeframe is at overbought level I think we are gonna see the price will down to 18K level to test support if we bounce we might see 20K level but Im optimistic the 20K level happen on end of January or early february
Before you posted this, bitcoin has already broken $19000 like 2 or 3 hours ago, but not only that, bitcoin price has already decreased back to $18700.

Let us see what would happen, this is Friday already, maybe today would be bullish as usual as it is these days, or maybe it would be sluggish into the weekend that are usually of mild bear market.

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January 13, 2023, 06:05:38 AM
 #69

Bitcoin is now in the $18k range and it looks like this will continue and there is a possibility that the price can still go up again. At least $19k can break through this January but that is also uncertain so we have to be patient and wait patiently. Meanwhile, we can still accumulate more bitcoins because as long as the price doesn't increase too much, we still have the opportunity to buy bitcoins. But we must still be prepared for a correction that could occur once the price hits this $18k because that's usually what happens after bitcoin gains.
The $19,000 that could break through in the next few days is now rising fairly quickly and may be a good indicator of January through the end of the month.
Maybe because US inflation has come down that has a positive impact on bitcoin to strengthen and maybe this will be a rebuttal to the 20,000k price?

In theory, there is still a wide opportunity to own bitcoin, only progress and willingness if you want to own bitcoin slowly, definitely don't become FOMO because bitcoin will become a pump.
It turns out that $ 19k happened a while ago and beyond our expectations. Even though at this time, the bitcoin price has returned to the $ 18k position again, there is still a possibility that $ 19k will be broken again and be able to stay at that price until next week. As usual, after hitting a high, bitcoin underwent a correction and fortunately, the price didn't fall too deep anymore and was able to bounce a bit. So we still have to be patient because this will become even more interesting where we are still at the beginning of a new year but the price can bounce up even though it's not that high yet.

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January 13, 2023, 08:33:41 AM
 #70

The price today surpassed 19k for a very short amount of time so reaching 20k during this month seems like a real possibility, however it would be interesting to see if we can go above that level as I expect for a strong resistance to take place there, still it is nice to see bitcoin finally showing some signs of a recovery as we were very close to the bottom for a very long time and this had a lot of people worried that the price could go even lower at some point in time.
Yeah, I thought so too because it's a really amazing thing that Bitcoin has passed $19K today even if only for a short time. And now that Bitcoin is showing another recovery by moving up in the last few days so a hit for $20K is unlikely to be hard to see within this month. I also want to see if strong resistance actually sets in once Bitcoin is at $20K again, as this is the recovery many have been waiting for in Bitcoin.
Everyone thought of that as it's too obvious already. Add in that $20k is not a foreign value anymore for BTC. I would only be sceptical if we are talking about those values who rarely reach by BTC or haven't been accessed it yet. BTC reaching $19k is not something that most of us are amazed of but it can only be amazing to those who are new on here. The first half of the month of January is almost done.

We still have another half. 15 days is still long so there are still a lot of things that can happen within this period. This won't be limited of course to increases or positive news but negative news can also hit us as we never saw or hear them for quite some time.

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January 13, 2023, 09:37:41 AM
 #71

$19000 achieved few hours ago.

it possible if break the 19K level I saw a deman/resistance zone in daily timeframe and Stochastic RSI daily timeframe is at overbought level I think we are gonna see the price will down to 18K level to test support if we bounce we might see 20K level but Im optimistic the 20K level happen on end of January or early february
Before you posted this, bitcoin has already broken $19000 like 2 or 3 hours ago, but not only that, bitcoin price has already decreased back to $18700.

Let us see what would happen, this is Friday already, maybe today would be bullish as usual as it is these days, or maybe it would be sluggish into the weekend that are usually of mild bear market.

Right, we have unlocked $19k already, so we should tap ourselves in our shoulder for this accomplished, however, it's not the end of our speculation, we wanted to see $20k this month.

Although it's going to be weekends and slow day for us as speculators will take a rest and maybe some profit as well to go this weekend so let's see how the movement will be in the next 2 days, hopefully we can still maintain above $18k at least.

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January 13, 2023, 03:33:11 PM
 #72

Right, we have unlocked $19k already, so we should tap ourselves in our shoulder for this accomplished, however, it's not the end of our speculation, we wanted to see $20k this month.

Although it's going to be weekends and slow day for us as speculators will take a rest and maybe some profit as well to go this weekend so let's see how the movement will be in the next 2 days, hopefully we can still maintain above $18k at least.
Whether bitcoin will unlock again over the weekend at $20,000 is like it would be very realistic to see a fairly quick upside, but said some speculation a correction is bound to happen again but I'd like to see $20,000 as a good starting point after a long wait of a bottom.

But the feeling is indeed this has been a positive trend for the past week it's probably going to be a nice continuation early in the year and the first quarter hit green after seeing a red market for so long.
Even though I won't sell, when the price goes up it's a pleasure for me.

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January 13, 2023, 04:26:10 PM
 #73

Right, we have unlocked $19k already, so we should tap ourselves in our shoulder for this accomplished, however, it's not the end of our speculation, we wanted to see $20k this month.

Although it's going to be weekends and slow day for us as speculators will take a rest and maybe some profit as well to go this weekend so let's see how the movement will be in the next 2 days, hopefully we can still maintain above $18k at least.
Whether bitcoin will unlock again over the weekend at $20,000 is like it would be very realistic to see a fairly quick upside, but said some speculation a correction is bound to happen again but I'd like to see $20,000 as a good starting point after a long wait of a bottom.

But the feeling is indeed this has been a positive trend for the past week it's probably going to be a nice continuation early in the year and the first quarter hit green after seeing a red market for so long.
Even though I won't sell, when the price goes up it's a pleasure for me.

I think with the current strong rally, bitcoin hitting $20,000 before the end of the week is entirely possible. But we won't know how long bitcoin can hold 20k, I feel both excited and bewildered as bitcoin goes up consecutively without any correction.

Not only you, but I think bitcoin is going up, but still no one is willing to sell their bitcoin at this low price everyone is accumulating bitcoin and expecting ATH 100k. Even for investors who bought at 15k, I believe they still want more profit than the current profit.

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January 13, 2023, 05:21:36 PM
 #74

Right, we have unlocked $19k already, so we should tap ourselves in our shoulder for this accomplished, however, it's not the end of our speculation, we wanted to see $20k this month.

Although it's going to be weekends and slow day for us as speculators will take a rest and maybe some profit as well to go this weekend so let's see how the movement will be in the next 2 days, hopefully we can still maintain above $18k at least.
Whether bitcoin will unlock again over the weekend at $20,000 is like it would be very realistic to see a fairly quick upside, but said some speculation a correction is bound to happen again but I'd like to see $20,000 as a good starting point after a long wait of a bottom.

But the feeling is indeed this has been a positive trend for the past week it's probably going to be a nice continuation early in the year and the first quarter hit green after seeing a red market for so long.
Even though I won't sell, when the price goes up it's a pleasure for me.
I think this is most likely to happen. If the $19k condition is indeed strong, then it is possible that we will touch new resistance at $20-$21k.
This condition still cannot change, especially until now bitcoin is still maintained by an increase in the price of $ 19k until now so it is possible that it will continue.
But on the other hand, I don't think you should be too sure about this condition because there could be some surprises that will happen again later where we are complacent with the current price. We will be dropped again with some of the existing fud.

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January 13, 2023, 06:22:52 PM
 #75

Right, we have unlocked $19k already, so we should tap ourselves in our shoulder for this accomplished, however, it's not the end of our speculation, we wanted to see $20k this month.

Although it's going to be weekends and slow day for us as speculators will take a rest and maybe some profit as well to go this weekend so let's see how the movement will be in the next 2 days, hopefully we can still maintain above $18k at least.
Price can move in all direction, and we may not really be able to say for sure.
However, currently bitcoin price is expected to hold above $18K after days sideways at $16K. Happy with the rise, but of course I would expect it to break $20K before the start of the week.

Really I think it's reasonable to expect it, it's because we're getting closer to $20K. In the last 1 hour $19.4K was hit, binance is showing history and maybe $20K in the next few hours.

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January 13, 2023, 06:46:42 PM
Merited by fillippone (2)
 #76

The collapse of FTX doesn't appear to be over yet, but amidst these difficulties, all indications are that Bitcoin will break major resistance and experience an explosive rally, as market conditions are shaping up much like they did in 2019 as the cryptocurrency king continues to ride. We are approaching a point where we will almost certainly see a continuation of risk assets.

We got a bear market relief rally, a similar stage to what we saw in 2019, and then the rally started. As a result, now is the perfect time to start trading and building your portfolio to start accumulating some more. $20k I think is very likely later this month.

DCA is better than guessing the bottom, if I knew where the bottom was, of course I would have been rich a long time ago.
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January 13, 2023, 07:38:11 PM
 #77

The collapse of FTX doesn't appear to be over yet, but amidst these difficulties, all indications are that Bitcoin will break major resistance and experience an explosive rally
The effect of FTX implosion is over when bitcoin was at $16000 and below, as the price of bitcoin and altcoins were not approaching to go further below, the effect was over at that time even before we started this year.

DCA is better than guessing the bottom, if I knew where the bottom was, of course I would have been rich a long time ago.
This would still be one of the best approaches and strategies to use because bitcoin may start to fall slightly at anytime, but as $19300 resistant was broken today, let us expect $20000 very soon, maybe after weekend by next week.

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January 13, 2023, 08:22:48 PM
 #78

The $19,000 that could break through in the next few days is now rising fairly quickly and may be a good indicator of January through the end of the month.
Maybe because US inflation has come down that has a positive impact on bitcoin to strengthen and maybe this will be a rebuttal to the 20,000k price?

In theory, there is still a wide opportunity to own bitcoin, only progress and willingness if you want to own bitcoin slowly, definitely don't become FOMO because bitcoin will become a pump.
It turns out that $ 19k happened a while ago and beyond our expectations. Even though at this time, the bitcoin price has returned to the $ 18k position again, there is still a possibility that $ 19k will be broken again and be able to stay at that price until next week. As usual, after hitting a high, bitcoin underwent a correction and fortunately, the price didn't fall too deep anymore and was able to bounce a bit. So we still have to be patient because this will become even more interesting where we are still at the beginning of a new year but the price can bounce up even though it's not that high yet.
It's been around $19,300 bitcoin has bounced back after $18,000 but now it's a bit stuck and will see a bit of upside to break through $20,000 as I believe it's bitcoin to be a comeback moment in that range.
Well, we have to be a little patient to see this momentum but maybe at the end of January $ 20,000 will be a pretty decent price to look at even if I don't sell it, just look at how the current market prospects are good even some other coins are showing a green trend.

R


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January 13, 2023, 08:28:09 PM
 #79

The collapse of FTX doesn't appear to be over yet, but amidst these difficulties, all indications are that Bitcoin will break major resistance and experience an explosive rally, as market conditions are shaping up much like they did in 2019 as the cryptocurrency king continues to ride. We are approaching a point where we will almost certainly see a continuation of risk assets.

The FTX fiascos seems not to be as intensed as it used to be during the period it happened, the only set of people that still remember the event vividly are this that were affect by it. And amidst all of these Bitcoin is still doing fine in it's recovery process and if I'm correct we might be able to see Bitcoin at $20,000 before the end of next week.

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January 13, 2023, 11:51:08 PM
Last edit: June 11, 2023, 11:26:23 PM by STT
 #80

We just went 7 days from 50 day average upto the 200 day average, bit of a rocket launch that one.   No movement then kapow in 1 week of the year start.


This is all down to speculation of moves around inflation and in turn the Federal reserve, which makes it very iffy based.   I do still think we repeat this process but at least its a positive start for the year and ground work laid to move upwards and build some stairs in the graph.

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