Quote from: finaleshot2016 on December 26, 2020, 12:50:00 AM

Is it possible that Bitcoin can have a downfall in Christmas next year?

If so, another opportunity to buy BTC and for it to resist again until Bitcoin gets a new ATH but we still not sure about it yet.

Quote from: error08 on December 25, 2020, 11:48:28 PM

It is verified that the bitcoin price on Christmas 2020 is $24,7k isn't it? the new ath so far.
Well, we hope bitcoin could manage to reach $25k on 25th December but apparently not the time to happen, yet it is a nice price for 2020, imagine what will it be like in 2021?
The best price I can imagine is $100k at this point, if the calculation will become the reality. Nevertheless, bitcoin needs more adoption and investors to reach that price, meanwhile let's see it go through the steps of $25k - $50k -$75k and $100k.

$100K is very high value, Bitcoin is struggling to reach $20k peak, then it'll be hard for it to resist until $100k. Market correction will occur soon, price decline of at least 10% but again, we aren't still sure yet if when it will happen.

Most ATH of bitcoin were achieve during bitcoin halving which happens every 4years most likely on December. Just as 2017 bitcoin halving and 2020 bitcoin halving where bitcoin reaches an ATH of 20k$+ and 24k$+ due to that event so it's highly unlikely for bitcoin to even reach a new ATH next year.
Regarding about the market correction even with the huge resistance on huge investors withholding the price, there might be a 10-20% decline on the price of most crypto. But what we might expect on the next year would a steady price of bitcoin reaching 20k$ which is great deal to everyone.