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We have been at 19k for some time now and the price has been doing the same thing over and over: it goes up to about 19,200 and then drops down to about 18,800. If I knew it was going to keep doing this it probably would've been a good time to day trade it and catch each rise and fall. But to be honest I have no idea how long this will last and a sharp rise or fall can happen at any time. But I find it funny that things are getting boring at 19k.
How Far We Have Come
Do you remember all that time we spent around 9k. The constant it is over 9k memes that came and went. Then we finally made it over 10k. People kept saying that it would not go under 10k again and you had your last chance to buy.Then it went under 10k. This happened multiple times. It felt like we were not going to get to 20k anytime soon. But then, as crypto does, it started to go up like crazy and now we sit just under 20k.
But the craziest part is now that it has been at 19k for awhile it feels like things are calm. There was some attention from the media and a lot of big buys happening but it feels pretty calm compared to how it felt in 2017.
Will 20k Be The Difference?
There are a lot of big names getting involved in cryptocurrency and a lot of dominoes set up but it might not be until next year or until we break 20k that things really start to pick-up. There has been a lot of work done by people in cryptocurrency and some hard working devs that have stuck it out through the years and I hope it pays of in the year to come.
But for now as we wait it is just wild how far we come and how normal a 19k Bitcoin is.
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Funny. I was feeling the same way.
Its easy to get addicted to crypto volatility.
I can tell you from experience there are many other things to get addicted to that are a lot more fun.
All addiction will destroy one's life so might as well get addicted to the one providing the most fun. 😁😁😁
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$19,000 is the new $9,000. It's obvious though taking the halving into account. 2021 will for sure come with way higher prices. I'm curious though how high will it go and how hard will it correct.
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Weren't we at $9,000 for about 9 seconds?
I dont recall but I think it burst through things very quickly.
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Indeed. When it goes up it feels so quick, and when we're in a bear market it feels like forever.
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True, if you all get used to those F1 rhythms then you can't plan at 19k!
We need to exceed at least $ 20k 🚀🚀🚀
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I agree with you, I started having a ticker site open on one of my screens at work and it is getting so boring watching it just hover around the same level. I added the ticker so I could see some exciting pumping. I have not been getting that at all. I think you are right. It is looking more and more like it might not be until next year that we move past 20k.
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I am sure it was tough to close down the porn screen. lol
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I don't think that was the pumping he was referring too.
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I check it as I work and yeah it's just sitting there lately. It seems like it might be correcting now.
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Yeah, it took a bit of a dump and now it is slowly crawling back.
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Bitcoin will soon be a stable coin.
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That isn't likely to happen.
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It will probably get crazy out of the blue and spike in one direction sooner or later.
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It's kinda funny how you said that bitcoin settling at 19k is boring.
Well, that is one thing about cryptocurrency, it can never be predicted. When we lose hope and never expect it to rise, boom the price skyrocket but at times when we think it will rise, it rather remains stagnant.
But let us just see what bitcoin has for us in 2021 cause as it is right now, it looks as if it will base in that 19k throughout the remaining days of this year or might shift a little higher to 20k.
We just wait and see
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I wouldn't bet on that. For some reason, the end of the year tends to be good for Bitcoin.
Staying in one area is not likely in the cards. We might even see a nice pullback before a rush into the last two weeks of the year.
Always fun.
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Lol. Then it seems you know this thing better than me.
Pardon me and remember I am still a crypto baby and so I am very humbled to learn the tactics form the big lords and people who have been there earlier and can predict a thing well.
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That's one way to say it...boring... never would have thought of that. But from boring comes consolidations and if that happens we can only go up. So hopefully soon we'll be mooning.
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Definitely 19k has been boring and it's currently settling at 18 to 19k I think we're just eager for it to cross 20k it's not like it's really doing badly but then Psychologically it feels like BTC flying past 20k will herald another moon whatsoever. Maybe 30 or 40k who knows? I'm waiting
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You do realize, now that you wrote that, BTC will go to $17,000 just to teach everyone a lesson.
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Hahaha I'm just saying the excitement of seeing the leaps in prices isn't there anymore
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If it goes to $17,000, I'm blaming you.
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I'm waiting as well.
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No one can not understand fundamental law :) of crypto
We're up to something truly life-changing. One way or the other - boi's right!
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It won't be boring if there is a quick pullback to $17K, or worse, $15K.
One thing about Bitcoin, it tends not to hang out in one area for too long.
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That is true, and it looks like 17k is getting more likely as the price is dropping.
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Now is an important time for BTC (decision), and near of all-time high sounds great :)
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