Topic: Bitcoin cannot be reached 20000$ this year?? (Read 975 times)
The growth trend is would take the value upto only $15K and yes its not possible to reach $20K. We had a good growth since last two days and could see a consistency in its growth. The value has reached almost $7200 plus. We have 3 more months to pass. Hope this 4th quarter should yield huge d a good turn over to all those who are holding up the coin now.
It is well known that this market is essentially unpredictable, so we must always bear in mind the possibility of facing all possible scenarios, from the most negative to the most positive.
However, I think that the environment that prevails around bitcoin these days, and the expectations that many analysts have regarding the immediate future of bitcoin do not seem so gloomy as to expect a bad year for bitcoin. In fact, I do not think it is excessive to think that bitcoin could end the year around $30K, although it would not be strange to see a year of low volatility and bitcoin could remain stuck in the current price range for a long time.
However, I think that the environment that prevails around bitcoin these days, and the expectations that many analysts have regarding the immediate future of bitcoin do not seem so gloomy as to expect a bad year for bitcoin. In fact, I do not think it is excessive to think that bitcoin could end the year around $30K, although it would not be strange to see a year of low volatility and bitcoin could remain stuck in the current price range for a long time.
20k dollars is good to see again, but i still believe bitcoin high chance to reach that price because bitcoin already reached that value in the year 2017.
But remember if no one who are buy bitcoin they will not reach. Everyone have responsibility here if you want to see that price.
But remember if no one who are buy bitcoin they will not reach. Everyone have responsibility here if you want to see that price.
If to reach 20,000USD then I am not sure it will happen. This is because the price is not rational enough because the current Bitcoin price is still at rates below 10,000USD. It takes a long time to reach the target. But I am pretty sure that there will always be wonders in the world of Bitcoin. For me that is the thing that will happen, but we must remain patient until the time it all arrives.
I agree that we will not see this price this year, we need to wait for the next year to achieve this price
This is absolutely correct. It is difficult to multiply two or three markets. Because bitcoin is not an ico or other coin. It is a common coin for the market and for transactions for the entire electronic money community. So in order to increase prices, all other areas must also be affected.
In my own opinion, cryptocurrency is profitable if you will be focusing on long term trading since the market price is growing depending on the demand and supply so patience is very important.
We do not understand where are going to bitcoin ? last few weak bitcoin again up to near 10000$ but today bitcoin down and its already gone under 9000$ . So i think bitcoin never reached 20000$ this year .What are u option about it please explain?
Bitcoins will probably pump up again and it will increase up to $8k dollars because the bullish market is just running up and down so keep on investing today while the market price is still low.
We do not understand where are going to bitcoin ? last few weak bitcoin again up to near 10000$ but today bitcoin down and its already gone under 9000$ . So i think bitcoin never reached 20000$ this year .What are u option about it please explain?
The price of bitcoins is always depending on the demand and supply, that is the reason why you should invest even more today because it was very low for a very long time and we can expect the price to pump up anytime.
Maybe what you say is true, by looking at the market right now it is impossible for bitcoin to achieve that, but nothing is impossible in this world (bitcoin $ 20,000). Because everything will happen and we all don't know when it will come.
Even if bitcoin may reach 20,000$ or not, that's still okay for me because i am really planning to hold my bitcoin and other cryptos i have for a long period of time until it's really okay with me to sell it already. But to just give my speculation about it, bitcoin do really have a chance of reaching that because there are still few months left before the coming of new year. As we can see, it was just in the last quarter of last year when bitcoin rises drastically.
Anyone who is planning to hold all the way will never have any issue what bitcoin should be like by the end of the year and really, there is no point for anyone assuming what the future will be holding as we can never be correct unless we just get lucky. For this market to rise to that level within this year, there must have been some news that would bring up some good level of demand, and it must be very strong news to be able to create such a huge demand. Asides that, I would not be expecting so much.
$20,000 is probably unlikely in 2018 now but have some patience man. We’ll likely see north of $30,000/$40,000 6 months or so after ghe next halving in 2020.
Why is everybody always so desperate for huge gains immediately?
Nothing good ever comes easily.
If it is true that the price of bitcoins is manipulated by so called whales then I don't think 20,000 USD price for bitcoins will be impossible to achieve if these whales decide to let bitcoins to make a bull run. Why is everybody always so desperate for huge gains immediately?
Nothing good ever comes easily.
We cannot come to a confirmation that bitcoin won't reach $20000 by this year. All that happening with the cryptocurrency network is completely unpredictable. In no time the price of bitcoin reached closer to $20000 in the past, similar thing could happen this time as well.
too far if you talk $ 20k, because now the price of bitcoin is very difficult to reach $ 10k. Bitcoin prices only play between $ 6k - $ 7k. maybe only $ 10k for the end of the year.
I am positive btc will reach $20k this december. This happened last year. It started to rally by october until it reached the ath. Patience is what we really need and you'll reap the fruits later.
There is still four months left before year 2018 ends, and I think if the values of bitcoin are still able to holds its ground above the level of $6500 USD per bitcoin despite some huge bitcoin ETFs rejection news spreading online in the last few months, we might still have a chance to see the values of bitcoin reaching $20000 USD per bitcoin this year if governments around the world starts to launch policies that are in major support of crypto-currencies for the next few months.We do not understand where are going to bitcoin ? last few weak bitcoin again up to near 10000$ but today bitcoin down and its already gone under 9000$ . So i think bitcoin never reached 20000$ this year .What are u option about it please explain?
Just like what you have claimed we couldn't understand bitcoin and it also means we don't know what will be the next move of bitcoin. However, there's nothing wrong in making speculation because this is our way to cope in particular situation. In my speculation, probably bitcoin will reach this amount especially now december is coming and we all know that the demand goes up when this month comes.
I am positive btc will reach $20k this december. This happened last year. It started to rally by october until it reached the ath. Patience is what we really need and you'll reap the fruits later.
There is still four months left before year 2018 ends, and I think if the values of bitcoin are still able to holds its ground above the level of $6500 USD per bitcoin despite some huge bitcoin ETFs rejection news spreading online in the last few months, we might still have a chance to see the values of bitcoin reaching $20000 USD per bitcoin this year if governments around the world starts to launch policies that are in major support of crypto-currencies for the next few months. In order to again exceed the price of $ 20,000, some very significant global events must occur. This year, most likely no strong push that would allow bitcoin to update its maximum - will not happen.
That is just it and that would be news that would really fuel in a huge demand for bitcoin in a pretty huge way than we can all imagine. I really do not see much happening this year if we are to end up relating it to the market movement towards $20k.We will really need that strong push to get it up there with the fact that a lot of those who managed to hold still with the market trend after buying at the top, would quickly want to sell and get out. Some weak hands are still in the market, but despite the fact that some have lost hope, some are still just hoping for that day they will just simply get out which would obviously bring about a huge resistance as we keep going up.
Those weak handed people was too creepy when it comes to momey, they don't think on how bitcoin could go through much profitable potentials. These bunch of morons always acted like a little kid whose desiring to eat a lollipop, but not even looking for much better than it like an ice cream or something chilly. If this will continue to happen many greedy individuals dumped coins after some sorts of increase, then we'll not able to obtain that $20k expectations.
In order to again exceed the price of $ 20,000, some very significant global events must occur. This year, most likely no strong push that would allow bitcoin to update its maximum - will not happen.
That is just it and that would be news that would really fuel in a huge demand for bitcoin in a pretty huge way than we can all imagine. I really do not see much happening this year if we are to end up relating it to the market movement towards $20k.We will really need that strong push to get it up there with the fact that a lot of those who managed to hold still with the market trend after buying at the top, would quickly want to sell and get out. Some weak hands are still in the market, but despite the fact that some have lost hope, some are still just hoping for that day they will just simply get out which would obviously bring about a huge resistance as we keep going up.
I am positive btc will reach $20k this december. This happened last year. It started to rally by october until it reached the ath. Patience is what we really need and you'll reap the fruits later.
Being positive is good, but it doesn't look like it will be a December 2017 flashback. $20K seems to be a hard target to reach this year, though it has gradually increased its value, if you see the past records of same time you will see the price have increased. We are moving up slowly if you guys see. The December hike even if it happens will be temporary and again people will start loosing, its just a pump game by manipulators.
right, maybe it will not experience a high increase and this is reasonable, reaching above $ 9k is good this year there is no need to expect up to $ 20k because bitcoin also needs more time to develop
You say the right bitcoin need time, we should not expect too high this year although the time from now until the end of the year is very long. I will be happy with any price as long as bitcoin is higher than current price of $1000 or $2000, of course $20,000 is too good. Jump to: