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[onlyprofits]

It is already known by many that Bitcoin broke the strong resistance at $ 20,000 and is forming new ATH, all thanks to the fact that the whales are seeing the queen currency as an excellent capital safeguard. Up to what price do you think it can close this year? Knowing that there is a lot of enthusiasm, but it is also true that after a good rise, there is also a logical price correction

 

[BMF]

Now you can say anything, such big growth in just 24 hours is insane. I could not be holding a large sum of Bitcoin because the value goes up and down very fast, the stress is just too much for my health. How about you guys?

 

[defi369]

Right, Weekly Correction is near after big jump. till december 31 monthly & yearly closing should be 22k$ for going more high in 2021 ,
My opinion is 30k$ ath this yr.

 

[bitforex22]

In my opinion it will be in range of 26k - 32k if it crosses 22k barriers but if it doesn't t can go lower to 18k again , it should stay between or below level I suggested gradual increase with time is good and stable

 

[Brain]

Nothing is surprising to me when it comes to bitcoin but I think I was anticipating this at the end of the year and it is here, well I'm seeing it getting to $25k plus very soon

 

[onlyprofits]

Hopefully some of the predictions they made here will come true.
I trade a few times and understand the concepts, but I don't know how to predict when a coin reaches new ATH levels.

 

[Sudipta]

Nothing is surprising to me when it comes to bitcoin but I think I was anticipating this at the end of the year and it is here, well I'm seeing it getting to $25k plus very soon

Yes mostly it was unbelievable that bitcoin's price will surpass all-time high on such a pandemic situation. But now it is rallying towards 25k currently stuck on 23k. Hope it reaches 25k soon.

 

[Niftyicon]

It is already known by many that Bitcoin broke the strong resistance at $ 20,000 and is forming new ATH, all thanks to the fact that the whales are seeing the queen currency as an excellent capital safeguard. Up to what price do you think it can close this year? Knowing that there is a lot of enthusiasm, but it is also true that after a good rise, there is also a logical price correction

I really doubt that anyone has the correct prediction tools to predict correctly why the price of bitcoin would be but if I may guess, I think it would be in the range of $24k and $25k

 

[Sincere66]

Now you can say anything, such big growth in just 24 hours is insane. I could not be holding a large sum of Bitcoin because the value goes up and down very fast, the stress is just too much for my health. How about you guys?
View attachment 155265

Hmm, I agree with your thoughts @BMF, I don't think I will be leaving my coins there, at my preferred crypto wallet. Because the coin might drive downward soon, bringing me unplanned losses. I'm not ready for that all, I want to enjoy the little I have made this few days it bumped up.

 

[onlyprofits]

I really doubt that anyone has the correct prediction tools to predict correctly why the price of bitcoin would be but if I may guess, I think it would be in the range of $24k and $25k

It's true, but by applying Elliot waves you can get an idea of where the price is going. For now, seeing that the volume decreased, I froze the price at 22.95K

 

[onlyprofits]

Hmm, I agree with your thoughts @BMF, I don't think I will be leaving my coins there, at my preferred crypto wallet. Because the coin might drive downward soon, bringing me unplanned losses. I'm not ready for that all, I want to enjoy the little I have made this few days it bumped up.

One of the variables to take into account is the volume, when I saw that the volume was decreasing, added to the fact that at intervals of 4 hours it was overbought, it was time for a small correction, therefore I froze when the price was at 22, 95K and I will remain pending to go from USDT to BTC again, because I think it will continue to rise, since there are many more buy orders than sell orders

 

[Wisdom01]

The truth is that bitcoin is on a buliish run and it could fall at any time , and it had insane rise yesterday so this year i think it might reach $40k -$50k range

 

[Sincere66]

One of the variables to take into account is the volume, when I saw that the volume was decreasing, added to the fact that at intervals of 4 hours it was overbought, it was time for a small correction, therefore I froze when the price was at 22, 95K and I will remain pending to go from USDT to BTC again, because I think it will continue to rise, since there are many more buy orders than sell orders

That's a nice study about trading to take into account. You taught now, to focus on study the trading chart to determine when the arrows are pointing at the selling and buying point.

 

[Sudipta]

One of the variables to take into account is the volume, when I saw that the volume was decreasing, added to the fact that at intervals of 4 hours it was overbought, it was time for a small correction, therefore I froze when the price was at 22, 95K and I will remain pending to go from USDT to BTC again, because I think it will continue to rise, since there are many more buy orders than sell orders

What will happen if bitcoin reaches 50k. I can't believe. Many early investors will become millionaires. But I don't think bitcoin will get that high. It's so volatile. It may fall back to 20k anytime.

 

[Niftyicon]

It's true, but by applying Elliot waves you can get an idea of where the price is going. For now, seeing that the volume decreased, I froze the price at 22.95K

This is actually very interesting and enlightening. I wouldn't know that before now and I also think that price is more realistic even though anything could happen.

 

[Sudipta]

Yes the price has suddenly became stable which is making investors resisting to invest more. If this continues, it will somehow get lower soon. From yesterday it is stuck on 23k.

 

[Sincere66]

What will happen if bitcoin reaches 50k. I can't believe. Many early investors will become millionaires. But I don't think bitcoin will get that high. It's so volatile. It may fall back to 20k anytime.

Lol, that has been the case of BTC right from time. Either it surge up or down, if the price reaches $50K landmark. People will get rich through it, when some who deposited more than 10 BTC on their wallet and the price skyrocket up to that amount. Calculate how much they will be selling for one, times it by 10, you gonna see its plenty money.

 

[Sudipta]

Lol, that has been the case of BTC right from time. Either it surge up or down, if the price reaches $50K landmark. People will get rich through it, when some who deposited more than 10 BTC on their wallet and the price skyrocket up to that amount. Calculate how much they will be selling for one, times it by 10, you gonna see its plenty money.

Yes but I don't think it's that much easy. It's currently not assuring that whether the price reach 25k boundary or fall below 20k. I don't know why it's stuck on 23k. It's been slithering around 23k for last 30h. Maybe investors are so worried about investing in this condition.

 

[onlyprofits]

What will happen if bitcoin reaches 50k. I can't believe. Many early investors will become millionaires. But I don't think bitcoin will get that high. It's so volatile. It may fall back to 20k anytime.

It is true that it is very volatile, but in these times many institutions (whales) have invested in Bitcoin and if you see the order books in different exchangers, you will realize that there are many more buy orders than sell orders. Many say that BTC can go over 100K in 5 years.

This is actually very interesting and enlightening. I wouldn't know that before now and I also think that price is more realistic even though anything could happen.

Prices can still be manipulated, but more and more whales are coming into play, making it more difficult to manipulate the price

 

[onlyprofits]

Lol, that has been the case of BTC right from time. Either it surge up or down, if the price reaches $50K landmark. People will get rich through it, when some who deposited more than 10 BTC on their wallet and the price skyrocket up to that amount. Calculate how much they will be selling for one, times it by 10, you gonna see its plenty money.

The detail is to have what they call strong hands so as not to sell at the smallest variation and wait for the scheduled time to see how the capital grows thanks to the rise in BTC

Yes but I don't think it's that much easy. It's currently not assuring that whether the price reach 25k boundary or fall below 20k. I don't know why it's stuck on 23k. It's been slithering around 23k for last 30h. Maybe investors are so worried about investing in this condition.

The price of Bitcoin is in what is called a consolidation zone, which suggests that a strong zone is forming that can be a support or a resistance.