Bitcoin today at $ 16,581.20. What happened?

[koynayak 1923]

It could be for many reasons but we can't know for sure. As we all know the exchangers are the biggest whales and if the long positions are more than short positions they can drop the price with selling huge amounts. In the end they're making nice profits. That's why if you're trading you should check the future and short positions numbers. Binance is holding more than  150.000 btc and they can decrease the price whenever they want.

[Farukatie 1271]

No it is the price of bitcoin reached $28,000. And in which speed the price of bitcoin increases I think that it's price in upcoming year becomes the highest price of bitcoin and it will touch 50,000 USD.

[godislovefll 1880]

Many say that what happened several years ago with BTC is being repeated that the graph is the same so they expect a fall, now however we are talking that in less than 1 year BTC has tripled its value so I do not see a possible fall because the pandemic pushed it even further.

[Samotokika 1780]

On 11/26/2020 at 6:23 PM, Barbarellah said:

A great day for everyone!

After having surpassed the $ 17k barrier and even surpassed $ 19K, Bitcoin just hit the $ 16k floor a few hours ago. Many analysts had already predicted this rebound specifying that the $ 20k barrier would be a difficult target to overcome. The apparent reasons for this sudden fall are attributed to the fact of the increase in the index of fear and greed that has occurred this month, as well as the registrations of huge deposits towards most of the exchange platforms, which is a sign that the whales are preparing to intervene. In the same way, as the price of Bitcoin fell dramatically, in a short time it has been recovering, once again exceeding $ 17k. And if we carry out a technical analysis of the situation, we will see that long-term indicators say that buying pressure prevails. And today after all I still think that Bitcoin will exceed $ 20k in a few days. We all know how the cryptocurrency trade moves and we understand the volatility of their prices, so the events that are happening should not be a cause for alarm for any of us who participate in the forum. On the other hand, it can be an influential factor for the prices of our Token Talk to recover.

What do you think of what I just explained?

In your opinion, what factors have influenced Bitcoin to have had this rebound?

What do you think will happen to the price of Bitcoin and the other cryptocurrencies in the coming days?

As usual, I really appreciate your good participation as well as your positive reaction!

yes dude due to Bitcoin price is increasing day by day and hope so that it  become more higher as it is the end of the year and as more people are investing in Bitcoin that is the reason that its value increases very fastly.

[Sandra k 6]

Travel rate is more the value of coins do you get decreased but as of now it reached $20,000 and it will change its price to 1 million US Dollars as per the plan so everyone invest or do business with bitcoins to on more money. As per the flowchart the value of bitcoin will reach too many heights.

[Naseer Ahmad78 721]

I think the price of bitcoin depends on its demand, its value was reduced a bit because the reason is that people did not wait for it and sale bit coin and we expect the price of bitcoin to be much higher in the coming days.

[Arslan Ch 2163]

The predictions proved right and Bitcoin has easily passed the barrier of 20k $ and is increasing continuously as now it is about to cross 30k $ and it'll happen soon if the situation and the demand for BTC remain the same.BTC is at it's highest price ever currently as it is almost 29k$ and also there is more good prediction for the future as well so lets wait and watch.

[yulitzacalvete 1366]

BTC is really very volatile and it is incredible everything that has increased in value in such a short time and this due to the pandemic I suppose because everyone at home without work or with regulated time, surely many decided to invest in cryptocurrencies and their best option was BTC .

[abdullah553 1981]

On 11/26/2020 at 3:23 PM, Barbarellah said:

A great day for everyone!

After having surpassed the $ 17k barrier and even surpassed $ 19K, Bitcoin just hit the $ 16k floor a few hours ago. Many analysts had already predicted this rebound specifying that the $ 20k barrier would be a difficult target to overcome. The apparent reasons for this sudden fall are attributed to the fact of the increase in the index of fear and greed that has occurred this month, as well as the registrations of huge deposits towards most of the exchange platforms, which is a sign that the whales are preparing to intervene. In the same way, as the price of Bitcoin fell dramatically, in a short time it has been recovering, once again exceeding $ 17k. And if we carry out a technical analysis of the situation, we will see that long-term indicators say that buying pressure prevails. And today after all I still think that Bitcoin will exceed $ 20k in a few days. We all know how the cryptocurrency trade moves and we understand the volatility of their prices, so the events that are happening should not be a cause for alarm for any of us who participate in the forum. On the other hand, it can be an influential factor for the prices of our Token Talk to recover.

What do you think of what I just explained?

In your opinion, what factors have influenced Bitcoin to have had this rebound?

What do you think will happen to the price of Bitcoin and the other cryptocurrencies in the coming days?

As usual, I really appreciate your good participation as well as your positive reaction!

It seems that Bitcoin is actually one of the strongest currencies. The end of this year has witnessed a great rise after a strong decline that seems to have attracted people to it.

[abd1992 960]

On 11/26/2020 at 3:23 PM, Barbarellah said:

A great day for everyone!

After having surpassed the $ 17k barrier and even surpassed $ 19K, Bitcoin just hit the $ 16k floor a few hours ago. Many analysts had already predicted this rebound specifying that the $ 20k barrier would be a difficult target to overcome. The apparent reasons for this sudden fall are attributed to the fact of the increase in the index of fear and greed that has occurred this month, as well as the registrations of huge deposits towards most of the exchange platforms, which is a sign that the whales are preparing to intervene. In the same way, as the price of Bitcoin fell dramatically, in a short time it has been recovering, once again exceeding $ 17k. And if we carry out a technical analysis of the situation, we will see that long-term indicators say that buying pressure prevails. And today after all I still think that Bitcoin will exceed $ 20k in a few days. We all know how the cryptocurrency trade moves and we understand the volatility of their prices, so the events that are happening should not be a cause for alarm for any of us who participate in the forum. On the other hand, it can be an influential factor for the prices of our Token Talk to recover.

What do you think of what I just explained?

In your opinion, what factors have influenced Bitcoin to have had this rebound?

What do you think will happen to the price of Bitcoin and the other cryptocurrencies in the coming days?

As usual, I really appreciate your good participation as well as your positive reaction!

Bitcoin today has reached more than twenty-nine thousand dollars, and this thing happened quickly in less than a month. It is really strange

[abohasnn9 2401]

My friend, last year 2020 was a very busy year in the development of cryptocurrencies in general and Bitcoin in particular ..... due to the Corona virus and the quarantine, the demand for cryptocurrencies has increased dramatically, today the price of one bitcoin exceeded 29,600 dollars, so this is why thank you

[Alsh9 1007]

The price of Bitcoin cannot be expected. It had many fluctuations and now it continues to rise today. The price of Bitcoin has reached 29 thousand US dollars and may rise more in the coming days. I cannot expect that.

[jappy 1129]

It is something that many knew, in fact, the btc to date is almost 30,000usd and many did not predict, they all thought that what happened before would happen and that it would collapse but its price is still very high.

[bogdanoff 3173]

A few small dips and corrections shouldn't be frightening. I wasn't alarmed at all during all the small dips we have seen all this time. Since the halving it was only some very small drop just a few times and they were all quickly bought up again by bots and investors. It is not something bad that happened any time until now. If there is we will have to wonder then.

[percare 3192]

What happened was a small correction, we have another one now, dropping $12000 and it was bigger, price reached $30,000 and probably the trend is intact but will have to wait for some time for confirmation. I see nothing changing and recommend longing for the time being.

[Fixfin 2569]

On 1/1/2021 at 10:03 PM, jappy said:

It is something that many knew, in fact, the btc to date is almost 30,000usd and many did not predict, they all thought that what happened before would happen and that it would collapse but its price is still very high.

In just 10 days it turned $30,000 from resistance to big support. We have seen how much this price level is now very important for Bitcoin. It dropped from $42,000 down to $30,500 and found huge support there, probably it will not break this level and it may become one of the important new lows for many more years.

[Pereira 2303]

The bitcoin in this month of January of 2021 has had great advances in the market with its established demand, daily it increases and decreases radically these days the volatility is extreme and it can be said that the demand even more, this makes the price of bitcoin go through the roof, and taking into account that the demand price is more and more, it has not yet reached its limits and bitcoin exceeds all cryptocurrencies by far.

[David84 1191]

If you are a middle class person and you have nothing to offer to you children then I guess you can buy them a bitcoin and leave it for them when they grow up I guess that it will  worth a fortune, cryptocurrencies values are increasing significantly and the more popular they get the higher their price will be.

[Malik jnb 704]

I think your post is old when it's price is at 16k I think it's dew to coronavirus. But now it's price is 50k. In my prediction bitcoin price will be reach at almost 100k in the end of 2021. I suggest you invest in bitcoin. 

[kryptonick 2659]

43 minutes ago, David84 said:

If you are a middle class person and you have nothing to offer to you children then I guess you can buy them a bitcoin and leave it for them when they grow up I guess that it will  worth a fortune, cryptocurrencies values are increasing significantly and the more popular they get the higher their price will be.

Either that or it will be valued at nothing. You can't predict the future so when you invest, do it small and not with money that you will need later. If you buy a Bitcoin today you will have to pay $50,000. What if price drops again back to $5,000? You would have lost $45,000. Maybe not a very good idea then, huh?

[pablomarwan 3082]

Conditions are changing now. That war that was between your centralized and decentralized banks. It is heading in a balanced direction so far. Investment of market leaders and the entry of several financial institutions into the cryptocurrency market. Paypal and nothing wrong with it invested sums of money in Bitcoin