Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: tonymillions84 on November 22, 2020, 07:54:52 PM
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Okay, it is getting Obvious that another ATH for Bitcoin is at hand, the last we saw BTC hit this high was at 2017 and it stopped at 19,985. some exchanges traded above 20,000 Before the huge fall back to 4,500Usd. As it stands BTC price is at 18,500( currently) and it is not stopping. The bulls are here with us Do you think we will stop at 20,000 and go back Or we will move above 20,000 and head to 30,000.
There are predictions that BTC might hit 100,000. personally i think this is a long walk. What says You.
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I think that bitcoin will reach 20k$ this year and at the beginning of 2021 there should be bitcoin price correction and then after this correction in 2021 I think bitcoin will start to rise in price again and I think bitcoin will reach new heights, for example 25k$-30k$ and maybe even more, so for now I am waiting when bitcoin price will be 20k$ to fix the profit and then I will wait bitcoin correction to re-invest in bitcoin again.
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I agree with @trauchot. It can be true. Just realize that the Bitcoin price move looks very fast and it probably ends very soon. I even think that the current fast increase in Bitcoin price to end once the price almost reaching $20,000. It will surprise many people as people expect the price to pass $20,000. It should have a correction before moving to a higher level anymore in the next year, 2021.
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The bullish time of Bitcoin will need some correction at a certain time. Abd the correction may lead the price of the BTC up again or down to earth. But in this bullish market, I think that market correction will bring the price back to the top again. As we know that today the price of BTC is going up and down at that rate, and it may reach $20k but no more than it this year.
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I am sure that many in Bitcoin, just like you and me, would be looking at this historic precedent in 2017 and will be asking if the same history can be repeated or will Bitcoin go ahead and defy the past. Well, as for me, this is quite an excited to watch but one thing for sure is that nobody knows what can be.
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I think Bitcoin will be able to hit the $ 20k mark and even more than that. My goal is $ 25k by the end of 2020. This possibility will also be achieved. We will see later.
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Price may well hit 20k and accordin g to the stock to flow model it may go up to the 250k/500k range. I came across a moderate opinion that there is going to be a very gradual increase in the price so maybe we are due for a correction back to 15k but again with so much hype paypal buying most of freshly minted stock and general craze it may not happen.
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We saw that in 2017 Bitcoin gained the biggest reputation of its life. In 2017, the price of Bitcoin was $19938 dollars. Bitcoin prices were the highest in 2017 of all previous years. But now we can see that the selling price is going to be higher than in 2017. I hope that by 2020 the bitcoin market will exceed $20,000 and break all past records and move to the top.
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We saw that in 2017 Bitcoin gained the biggest reputation of its life. In 2017, the price of Bitcoin was $19938 dollars. Bitcoin prices were the highest in 2017 of all previous years. But now we can see that the selling price is going to be higher than in 2017. I hope that by 2020 the bitcoin market will exceed $20,000 and break all past records and move to the top.
2017 was the best time for what kind. All cryptocurrency users appreciate the timing. I don't think such a day can be found again. In 2017 Bitcoin had a high price. However, the value of bitcoin is going to get back. Bitcoin will improve a lot. However, I do not want to predict the price.