Bitcoin On The Rampage?

[Astra]

Using Preev.com, I realized that Bitcoin is currently standing at $17,910 or just a little shy away from the $18,000 level which is representing a good run towards the psychologically important $20,000.

Of course, we are all expecting that within the remaining days of 2020, Bitcoin can be able to surmount the $20,000 hurdle and may even go beyond that level leading us to a bright and exciting 2021. Let's just hope that the first quarter will not be a "wintery" months for our favorite coin.

Do you think there will be more for Bitcoin in 2021?

Almost like today, only with a difference of two years. Again, they talk about the fall of bitcoin below $ 20,000 and about the crypto winter in the cryptocurrency market. This market is subject to cyclicality, but we are not returning to the same place, but entering a new level. Therefore, they say that the cryptocurrency market moves in a spiral. Therefore, some time will pass and bitcoin will again return to its previous ATH and will grow even higher. But what will happen to bitcoin in the long run, no one can know.

[dodok]

if in my opinion in 2021 bitcoin will soar and it has happened, after that bitcoin will gradually decline until 2022 it has also happened in 2022 and in 2023 bitcoin will start to rise again and there may be a new ATH.

[pacar_tiri]

if in my opinion in 2021 bitcoin will soar and it has happened, after that bitcoin will gradually decline until 2022 it has also happened in 2022 and in 2023 bitcoin will start to rise again and there may be a new ATH.

Current market is bearish at this year 2022.
I don't believe bitcoin will rise 2023, I think 2023 still struggle.
Bitcoin will recover again at the end of 2024.
And we will see bullish at 2025.

[Tolyk]

Everyone is talking about it now that the market will not recover next year, the tren bears will last about four years, as the trailers say.

[Alcor]

I was surprised to see that at the end of 2020 there was a similar price situation with bitcoin, the price of which was at the level of $17,000. Two years later, we again see the price of Bitcoin at $17,418. If this situation continues, it will make many think: why buy bitcoin above this level, if after some time it will again fall to the previous price level. True, this is still observed over a relatively short period of time. But how do those who bought bitcoin last year at about $60,000 feel now?

[satpol_PP]

I was surprised to see that at the end of 2020 there was a similar price situation with bitcoin, the price of which was at the level of $17,000. Two years later, we again see the price of Bitcoin at $17,418. If this situation continues, it will make many think: why buy bitcoin above this level, if after some time it will again fall to the previous price level. True, this is still observed over a relatively short period of time. But how do those who bought bitcoin last year at about $60,000 feel now?

agree with the opinions that said no worries about bitcoin performance because bitcoin will recover again.
I think bitcoin will never touch 60K USD at this year.
But maybe at the end of 2024.

[KaliLinux]

if in my opinion in 2021 bitcoin will soar and it has happened, after that bitcoin will gradually decline until 2022 it has also happened in 2022 and in 2023 bitcoin will start to rise again and there may be a new ATH.

New ATH will not come in 2023 as you think. If we are going to follow the previous Bitcoin market trend, the chat shows us that, new ATH usually is achieved after the Bitcoin Halving which means we are looking at 2024 for that to happen even if the Bitcoin price might rise in 2023 but not to an ATH price.

[dekafee79]

if in my opinion in 2021 bitcoin will soar and it has happened, after that bitcoin will gradually decline until 2022 it has also happened in 2022 and in 2023 bitcoin will start to rise again and there may be a new ATH.

New ATH will not come in 2023 as you think. If we are going to follow the previous Bitcoin market trend, the chat shows us that, new ATH usually is achieved after the Bitcoin Halving which means we are looking at 2024 for that to happen even if the Bitcoin price might rise in 2023 but not to an ATH price.

You're right, we should always see and learn about market trend.
Bitcoin will touch ATH at 2025 after bitcoin halving at 2024.
So, we shouldn't expect too much about bitcoin progress at 2023 and 2024. Just buy and hold it.

[elbans89]

During bearish, we just buy and hold.
Maybe when the market progress is good, we can do spot trading
But be careful.
Current market is unstable and unpredictable.
It's so difficult to gain profit

[Madmax789]

I am new to the form but as far as I know bitcoin price has reached a very low level and hopefully around 2023 its price will go to a very high level