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Topic: Bitcoin suddenly soared this week (Read 742 times)

full member
Activity: 882
Merit: 100
August 11, 2019, 06:59:23 AM
#74
Recently, I was a very ardent opponent of bitcoin and believed that this coin has no future. But blockchain is developing and we already hear a lot about the lightning network. Now this coin is the most stable on the market. And many large investors prefer this coin. Since its huge capitalization will not let the price fall too quickly.
full member
Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
August 09, 2019, 06:26:42 PM
#73
The improvement and the Drop is happening for the Bitcoin in different situation but we do not move with the same mindset in all the time so this week is like that but maybe the future is totally different how we are expected
full member
Activity: 882
Merit: 110
August 09, 2019, 03:27:48 AM
#69
there must be another factor that is making bitcoin surge this week. but believe if this possibility could be one of the signs if bitcoin will again experience a higher spike
full member
Activity: 491
Merit: 100
August 09, 2019, 12:02:08 AM
#65
We saw the rise in the value of bitcoin,  no doubt it will gain more value, though we know nothing is stable in the crypto space but for hitting $20,000 price value, it is very much possible going by the rate at which it is going, I think people should get some and hold before the train finally leaves
member
Activity: 546
Merit: 10
August 09, 2019, 01:35:27 AM
#61
I think that Bitcoin quickly reached the level of 10k dollars and continues to be held on it, and this is good news. I think that in 2020 we will definitely see Bitcoin for $ 20k.
jr. member
Activity: 42
Merit: 1
Crypto
August 09, 2019, 09:48:26 AM
#61
Everyone knows in the crypto world about the rise of Bitcoin and no one is particularly surprised. There will be still big growth, very big growth, but we will need to survive the settlement, the fall due to the news, India and China will act as elephants of the market and much more. The road will be overcome by a walker! Bitcoin growth is inevitable!
member
Activity: 770
Merit: 10
https://streamies.io/
August 09, 2019, 12:34:58 AM
#60
Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days, Many cryptocurrency experts and analysts were quick to suggest that bitcoin's rise in tandem with the fall in the yuan means it's becoming a safe haven asset, despite its extreme volatility and no one being able to accurately predict what bitcoin will do next. Do you think Bitcoin can still hit 20,000$ by the end of the year
I think big investors look forward to this $ 20k price. They will definitely have plans to make Bitcoin's price rise sharply in the near future.
but now its price only fluctuates and there will be no bull run for us. Please wait until the end of 2019, Bitcoin will be $ 20k.
sr. member
Activity: 1701
Merit: 308
August 09, 2019, 09:39:35 AM
#60
bitcoin surging this week is a good thing going forward, but if we look at the price movement from a month ago the price of bitcoin won't last long I think it will go down again, but it's not certain we will also see me park
jr. member
Activity: 224
Merit: 2
August 08, 2019, 08:41:33 PM
#58
I think the development of bitcoin is indeed very surprising to every user. and I think that price will be easily achieved by the BTC by the end of 2019 if their development continues like this. even that price is not a difficult thing to achieve by BTC because its development last seven days. but it also does not rule out the possibility of BTC prices going back down like last month. because of this crypto no one can guess correctly to up and down their prices.
full member
Activity: 1048
Merit: 101
August 09, 2019, 06:21:34 AM
#58
I'm still sure bitcoin will keep going up, the increase in the past few weeks is unexpected, meanwhile we're entering the middle of the year and most likely the price of bitcoin can exceed the price of $ 20,000 by the end of the year. now is indeed the right time to invest with bitcoin, the movements are significant slowly.
newbie
Activity: 277
Merit: 0
August 09, 2019, 06:16:49 AM
#57
its very hard to predict, I think maybe the price of bitcoin could jump higher before the end of the year because we are still in the middle of the year and there is still time to jump even higher. Let's wait and see
sr. member
Activity: 994
Merit: 256
August 09, 2019, 06:02:41 AM
#56
I think that Bitcoin quickly reached the level of 10k dollars and continues to be held on it, and this is good news. I think that in 2020 we will definitely see Bitcoin for $ 20k.
Yes almost all the indicators that affect Bitcoin positively are positive which means that the coins is set to scale new high records in future and hence the value addition. It is precluded by the best brain that Bitcoin will go up as high as half a million in the 2020 and more than a million in 2024. This is backed by the halving in 2020 and in 2024 which always add value to the coin.
sr. member
Activity: 1624
Merit: 339
https://duelbits.com/
August 09, 2019, 03:03:41 AM
#55
it may happen for a moment, bitcoin in recent weeks prices have shot up, many know that bitcoin is one of the potentially future coins, with rising prices in the last few weeks can encourage us all
full member
Activity: 1498
Merit: 146
August 08, 2019, 08:17:20 PM
#54
Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days, Many cryptocurrency experts and analysts were quick to suggest that bitcoin's rise in tandem with the fall in the yuan means it's becoming a safe haven asset, despite its extreme volatility and no one being able to accurately predict what bitcoin will do next. Do you think Bitcoin can still hit 20,000$ by the end of the year
yes this is the another example with time is not predictable by anyone and maybe the future is totally completely changes from this situation because in this year the value up and down frequently but in future it may be in the word situation only otherwise the possibility of the download situation is also available.
member
Activity: 194
Merit: 10
August 13, 2019, 03:48:12 PM
#53
Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days, Many cryptocurrency experts and analysts were quick to suggest that bitcoin's rise in tandem with the fall in the yuan means it's becoming a safe haven asset, despite its extreme volatility and no one being able to accurately predict what bitcoin will do next. Do you think Bitcoin can still hit 20,000$ by the end of the year

I read many different cryptocurrency news portals where opinions are published on this subject. Based on which I can conclude that no one knows exactly what will happen to the price of Bitcoin at the end of 2019. I would like it to grow strongly, because if Bitcoin grows in price, then altcoins will also someday start to grow in price.
jr. member
Activity: 182
Merit: 2
August 13, 2019, 02:51:08 PM
#52
Today makes it barely a week from your post and Bitcoin is in a free fall again.  -  8% withing the last 24 hours looks alarming, but there is no reason to conclude that will stop bitcon from reaching the $20,000 you predicted for before the end of the year.
hero member
Activity: 2828
Merit: 611
August 13, 2019, 01:35:41 PM
#51
The price of bitcoin is still on track with my predictions, I said that we are going to see a moon in the price of bitcoin, though at the third quarter of the year and this is the same experience we are now having in the crypto sphere, there was a balance in the pricing of bitcoin between $9500 - $11400 and now we are beginning to see an increase in price which might drive the price of the coin to about $20,000 before the fourth quarter of the year ends, so my advice is to those who don't own bitcoin should try getting some for themselves in order to make a reasonable amount of money.

Right now prices are falling below $11k but some people are suggesting to buy more around $10,500 levels with the short term target of $15k. Lets hope for better things to happen around bitcoin markets as I am personally expecting markets to test a new ATH in coming months.
jr. member
Activity: 350
Merit: 1
August 09, 2019, 04:11:33 PM
#50
Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days, Many cryptocurrency experts and analysts were quick to suggest that bitcoin's rise in tandem with the fall in the yuan means it's becoming a safe haven asset, despite its extreme volatility and no one being able to accurately predict what bitcoin will do next. Do you think Bitcoin can still hit 20,000$ by the end of the year
Yes bitcoin shows a bullish trend , I think it can continue further , as the market began to recover , and I think by the end of the year we will be able to reach $ 20,000 for bitcoin.
member
Activity: 658
Merit: 10
August 09, 2019, 12:34:29 PM
#49
Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days, Many cryptocurrency experts and analysts were quick to suggest that bitcoin's rise in tandem with the fall in the yuan means it's becoming a safe haven asset, despite its extreme volatility and no one being able to accurately predict what bitcoin will do next. Do you think Bitcoin can still hit 20,000$ by the end of the year
Hopefully this is achieved. But I think for the end of the year, it's hard for bitcoin to earn or reach $ 20,000.
Right now, I see coinmarketcap, the price of Bitcoin is at $ 11,786.74
legendary
Activity: 3318
Merit: 1128
August 09, 2019, 11:42:15 AM
#48
It's 100% possible for bitcoin to reach $20k before the end of this year if there's a lot of hype from Crypto influencers just like they did in the 2017 bull run.
I think you are right, we really need lots of cryptocurrency influencers to do their work again this time around, I guess people are already used to the ones we have in the market already, in the like of tom lee and few of them, we need notable people to make investment in bitcoin, because that is the only way that would make them to influence the market through their speech.

Aside these influencers, I am also expecting the IEO project to grow very well this last quarter of the year and add its own effect too to the current uptrend just like ICo did in 2017 when many people understood what blockchain  technology was and established lots of projects that were quite attractive to investors. I am also optimistic about the price of bitcoin to soar this year ending.
member
Activity: 363
Merit: 10
August 09, 2019, 09:51:02 AM
#47
I think with the current world situation is very volatile, so I think this year bitcoin will grow very strong, likely to outperform 2017. Let's wait for that
member
Activity: 365
Merit: 10
August 09, 2019, 06:51:34 AM
#46
Many time we predicted bitcoin rises but it always happen when we never expected it. What we have now is pretty good for those that invested in bitcoin when the price was lower. Another thing we need is the stability of the price  so we can put more into it. Bitcoin will continue to rise.
sr. member
Activity: 1183
Merit: 251
August 08, 2019, 09:30:50 PM
#45
It the growth of bitcoin still stagnant and there will be no a lot of FUD come soon and im never feeling doubt if the price of bitcoin can reach that rate. people are still accumulating more and more bitcoin because it can be used for so many things. bitcoin is more than only a payment system but it has represented the economic freedom for us from the strict regulation that prevents us to do anything. 20k looks so easy
legendary
Activity: 1862
Merit: 1015
August 08, 2019, 07:01:46 PM
#44
bitcoin increase over the past 1 week is not for any reason, but because indeed after almost 1 month the price fell in July, btc prices should start to rise to penetrate the area of 16,000 USD and after that it will penetrate the area of 20,000 USD,
and I believe that BTC can penetrate the area of 20,000 USD.
sr. member
Activity: 1470
Merit: 428
August 08, 2019, 05:26:58 PM
#43
When BTC soared high especially yesterday, I saw many articles about BTC being a safe haven. Just this moment, the price went down to an extent. This proves that volatility still remains a major characteristic of crypto. About BTC hitting 20k$ in future, I think it's very feasible.  A mainstream rumour can blow the price up. 
hero member
Activity: 2968
Merit: 687
August 08, 2019, 03:23:04 PM
#42
Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days, Many cryptocurrency experts and analysts were quick to suggest that bitcoin's rise in tandem with the fall in the yuan means it's becoming a safe haven asset, despite its extreme volatility and no one being able to accurately predict what bitcoin will do next. Do you think Bitcoin can still hit 20,000$ by the end of the year
Safe haven asset? I'm a bitcoin enthusiast but I don't believe on such line.Its would never become a safe haven thing.Predicting bitcoins price on next days or months or years to

come?This had been always the question of all investors/traders/supporters of bitcoin since on the beginning but no one can actually get the precise thing.
Soaring up on weekdays and dumping on weekends seems a pretty normal routine as I had observed.
sr. member
Activity: 672
Merit: 254
August 08, 2019, 03:19:12 PM
#41
Everyone has long been waiting for this growth.  In my opinion, everything is very predictable for cryptocurrency.  In the near future, Bitcoin will be equal to $ 15,000 after correction.
sr. member
Activity: 1246
Merit: 285
August 08, 2019, 03:15:53 PM
#40
Everything was in anticipation. The current market has uptrend and it is not surprising if the BTC price increases to 20k $ in the near future, our need to buy now and hold
The trend that happened is quite positive lately. This is a kind of signal that the market is getting better, especially when there is a moment of halving bitcoin. Many predictions that bitcoin will break new records. Wait and see, take advantage of this opportunity by conducting in-depth analysis.
member
Activity: 368
Merit: 11
August 08, 2019, 03:07:55 PM
#39
It's 100% possible for bitcoin to reach $20k before the end of this year if there's a lot of hype from Crypto influencers just like they did in the 2017 bull run.
member
Activity: 308
Merit: 10
Bitcoin is the future
August 08, 2019, 12:58:13 PM
#38
I don't know if it is OK to say that these analysis most times aren't really reliable, some whales might just decide to dump or pump it using large volumes. We with low quantity just pray not to play into their gallery.
full member
Activity: 770
Merit: 126
August 08, 2019, 12:16:03 PM
#37
I'm not sure when, but I'm sure btc will reach 20k again. When it comes to the current rise--there may be thousands of reasons for it.
I have said this time without number that; the target of the next bull run is aim or targeted at $20k and any one waiting ath the &50k and above will have themselves to blame. The recent soar of the price of Bitcoin was not a real soar but that if the shirt time manipulation of the market, whenever the price of Bitcoin saor without be backup with volume, known that its will suddenly crash back.
What are you then  saying that Bitcoin will not get to $50,000 in time to come?  Same thing was said when bitcoin value was below a thousand dollars and people were busy saying it will not and will never grow up to a thousand dollars but what are we seeing at the moment.
For those who believe or have the mind that Bitcoin will continue to rise in value should remember that what goes up must come down and what is down today will still go up one day.
jr. member
Activity: 397
Merit: 1
August 08, 2019, 07:34:55 AM
#36
maybe the rising price of bitcoin right now is because of the many positive news about crypto, I hear many companies claim that bitcoin will go up and many support the crypto market. and maybe that's one thing that affects the current price of bitcoin besides it also seems that many investors are investing in bitcoin at this time.
copper member
Activity: 994
Merit: 4
August 08, 2019, 07:30:35 AM
#35
The rise is expected, it is one of the most valuable coins to hold, but as for the price getting to $20000 no one can really tell, but very much possible. Crypto space is really unpredictable.
jr. member
Activity: 256
Merit: 2
August 08, 2019, 06:39:54 AM
#34
Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days, Many cryptocurrency experts and analysts were quick to suggest that bitcoin's rise in tandem with the fall in the yuan means it's becoming a safe haven asset, despite its extreme volatility and no one being able to accurately predict what bitcoin will do next. Do you think Bitcoin can still hit 20,000$ by the end of the year

Of course, that is absolutely possible. I predict it could reach $ 30k by the end of the year. The war of currency increases, countries must choose Gold, BTC is safe haven. In addition, I also learned an interesting information that North Korea bought BTC by 200 billion USD.

Hope this information can help you make a good reference. Don't consider this an investment advice.

Good luck to you bro!!
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
August 08, 2019, 06:32:57 AM
#33
After seeing that the US government saying that yuan's fall is a manipulation, I could somewhat guess what will happen next. The economy war will still goes on and some people might consider cryptocurrency to save their assets despite the volatility. However, doesn't necessarily means that most of people will do that. This bitcoin sudden soar in my opinion is caused by the hype of that news.
member
Activity: 798
Merit: 10
August 08, 2019, 05:28:38 AM
#32
Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days, Many cryptocurrency experts and analysts were quick to suggest that bitcoin's rise in tandem with the fall in the yuan means it's becoming a safe haven asset, despite its extreme volatility and no one being able to accurately predict what bitcoin will do next. Do you think Bitcoin can still hit 20,000$ by the end of the year

Many analysts expect the price of bitcoin to reach $ 20k at the end of the year. Maybe the target is realistic if we look at price movements this year, with transactions and increasing dominance in the market, I think bitcoin can reach $ 20k
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
August 08, 2019, 03:59:01 AM
#31
The difference this time around is that people didn't expect this, it happened as a surprise and bitmex wasn't ready for this neither, there has been a lot of talk about how margin trading is only sustainable if the price moves reverse of what people say and even if it goes the way people say it should not be insane so that it could be covered but this seems like a sudden and a huge one so it could be totally unexpected.

When people all expect bitcoin to go up and there is a hype going on and people assume higher prices are given, the market stops because it never does what you expect it to do, why would others let you profit from something obvious when they can instead. However when it goes up unexpectedly that is when the real deal actually starts.
full member
Activity: 868
Merit: 106
August 07, 2019, 09:32:43 AM
#30
expert analysis can be right and wrong, but to reach $ 20k in 2019 will be a little difficult, because I think Bitcoin has not reached its peak position, and also does not suit all fields of industry in the real world, if bitcoin has already been approved in the real world then the price bitcoin can never be predicted again, it might even reach a price of $ 50K more.
full member
Activity: 994
Merit: 100
SAPG Pre-Sale Live on Uniswap!
August 07, 2019, 09:02:18 AM
#29
Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days, Many cryptocurrency experts and analysts were quick to suggest that bitcoin's rise in tandem with the fall in the yuan means it's becoming a safe haven asset, despite its extreme volatility and no one being able to accurately predict what bitcoin will do next. Do you think Bitcoin can still hit 20,000$ by the end of the year
all that is possible because crypto is fluctuative, where prices can change significantly over time without us knowing it. I think this is very positive for fans of bitcoin and altcoin because altcoin will also be affected by bitcoin which is experiencing an increase.
sr. member
Activity: 938
Merit: 251
August 07, 2019, 08:58:25 AM
#28
predicting the next move of bitcoin is sometime likened to rolling a set of dices, you can be certain which way they turn out. The only thing every smart person can say for sure is that we are having a rise in value long term as adoption grows gradually.Getting some bitcoins at a fair price for long term is something worth considering.

Indeed! Bitcoin is always getting positive feedback from people and consider it as a worth-it investment hub, many new people come to this community and now that we're getting great results and profit would give them insights and positivity on what long-term investing can benefit.
sr. member
Activity: 680
Merit: 255
August 07, 2019, 08:26:42 AM
#27
I am very sure that BTC would be worth much more than 20k at the end of this year. So much announcements are coming and will take place till December, so there is no other way for BTC to stay on the same point.
I also believe that the BTC will soon pass 20k$. Currently the BTC has continued to go up and it has surpassed 12k$. This month, if the market does not collapse, we will see that BTC has reached 15k$
legendary
Activity: 1890
Merit: 1148
August 07, 2019, 08:08:31 AM
#26
I think that 20 thousand is a very easy goal for bitcoin this year. we will definitely reach this mark, but also it may be higher
If 20k thousand dollar is very easy, we didn't need to wait for more than 2 years after it touched $20k in 2017. The fact we even have to wait and patience when it dropped to $3k.

Lets not talking about bitcoin prediction at $20k again, even stable on $13k is hard for bitcoin because it always dumped after reached $13k.

P.S wrong board, this is altcoin section
member
Activity: 700
Merit: 11
August 07, 2019, 08:03:26 AM
#25
I think in the next 24 hours, bitcoin will head back to 12k region. So day traders should get ready for it. The fall in the Chinese currency is largely responsible for this pump in Bitcoin and I think it can be sustained till it gets to 14k.
full member
Activity: 840
Merit: 100
Oikos.cash | Decentralized Finance on Tron
August 07, 2019, 08:01:00 AM
#24
I think that 20 thousand is a very easy goal for bitcoin this year. we will definitely reach this mark, but also it may be higher
full member
Activity: 431
Merit: 100
August 07, 2019, 07:28:10 AM
#23
I actually predict an increase in bitcoin occurs more than this. now it looks like the first stage of pumping and there will be more pumps from bitcoin. Until this year, Bitcoin will experience a great growth. but we must all be careful of the market pitfalls that allow dumps to occur at any time even if the market is pumping.
full member
Activity: 882
Merit: 112
Your Data Belongs To You
August 07, 2019, 07:27:34 AM
#22
It was not so sudden after the step by step continues upwards movement started. Now we had this jump which was logical continuation after this step by step increase . BUT btc did not reach new high, this could be bad, if it wont do it in near future, there is very good chance btc is going very low.
member
Activity: 858
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Christ The King
August 07, 2019, 07:26:50 AM
#21
I love the way the bitcoin suddenly started to rise on Sunday night. I was teaching some youth about bitcoin, I gave them class work and they all got various bitcoin price quotation and the next day about $1,000 has been added to bitcoin and they were all amazed.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
August 07, 2019, 07:14:09 AM
#20
i would not feel that as a surprise consider the bitcoin has broken it a few weeks ago, but it looks like the trade war and the down of yuan becomes the main reason to create more strong support for bitcoin. When this situation will still continue and bitcoin can take a lot of advantages from this situation. i hope more people will realize the true value of bitcoin very soon.
full member
Activity: 562
Merit: 100
August 07, 2019, 06:52:32 AM
#20
I am neither psychic nor clairvoyant and therefore I cannot predict prices.Now many people talk about the bull market only when bitcoin will cost $ 20,000.But why now when the price of bitcoin has overcome the mark of $ 12,000 nobody is no surprise?In my opinion, even the current price of bitcoin has made all owners of this cryptocurrency very rich.It seems to me that bitcoin will fall in price and the season of altcoins will begin.
jr. member
Activity: 296
Merit: 1
August 07, 2019, 07:00:57 AM
#19
as long as the price of bitcoin on the following day remains stable, it is probable that bitcoin has a high price increase opportunity before the end of this year, I am very confident with the potential of bitcoin, bitcoin will show its exit value before the end of the year can even exceed the price of $ 20,000
copper member
Activity: 376
Merit: 1
August 07, 2019, 06:25:18 AM
#19
I do not think there is any fundamental behind the price hike but just technical, have equally predicted this recent drop as btc got above $12,000, the market is currently undecided at the moment, not certain if there could be a bull or bear, but anything that get btc above $13,000 then we will sure see another bull run and subsequent all time high for btc, till then, safer to trade carefully
copper member
Activity: 280
Merit: 1
CINEMADROM ⥋ BLOCKCHAIN FILM PLATFORM
August 07, 2019, 06:19:35 AM
#18
I am very sure that BTC would be worth much more than 20k at the end of this year. So much announcements are coming and will take place till December, so there is no other way for BTC to stay on the same point.
jr. member
Activity: 286
Merit: 3
https://goldeth.io/
August 07, 2019, 05:57:23 AM
#17
yes I have also observed the movement of bitcoin prices this week soaring slowly, to reach the price you mean I think it can happen at any time, even before the end of the year or after the end of the year. the most important if you have an investment in bitcoin / altcoin always monitor market conditions so you don't lose the moment to sell
jr. member
Activity: 188
Merit: 1
August 07, 2019, 05:43:56 AM
#17
If in the current growth momentum, the price of Bitcoin reached $ 20k at the end of the year is also likely, investors in the stock market are also affected by falling prices, maybe they are looking for new refuge when witnessing Stock is no longer expected
member
Activity: 560
Merit: 10
August 07, 2019, 04:59:28 AM
#17
Definitely, I do believe in bitcoin and there is no doubt that the king coin will hit $ 20000 again at some point of time in the future. It may go even beyond that mark given its increasing demand in the market. Bitcoin has dominated the crypto market with its more than 50 percent of its share. I think good days for bitcoin has come.
hero member
Activity: 1666
Merit: 453
August 07, 2019, 05:35:19 AM
#16
The rise of BITCOIN this week is the slide of ETHEREUM in the market.
I think there are many people now choosing BTC than ETH at this season.
I dont know why but i will choose to hold both!
member
Activity: 434
Merit: 10
www.thegeomadao.com
August 07, 2019, 05:29:17 AM
#15
There are many factor that affects price of a coin the market. One of the main factors is good news surrounding cryptocurrency. There were fears that the US would ban cryptocurrency following its strict measure on Facebook's libra. But no step in this regard followed. It means cryptocurrency has already entered mainstream. Maybe this is a reason behind bitcoin's price increment.
jr. member
Activity: 406
Merit: 3
August 07, 2019, 04:51:32 AM
#15
I don't know further certainty but based on my personal observations, bitcoin really jumped this week, I think maybe the price of bitcoin could jump higher before the end of the year because we are still in the middle of the year and there is still time to jump even higher. Let's wait and see
copper member
Activity: 560
Merit: 2
August 07, 2019, 04:52:34 AM
#14
Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days, Many cryptocurrency experts and analysts were quick to suggest that bitcoin's rise in tandem with the fall in the yuan means it's becoming a safe haven asset, despite its extreme volatility and no one being able to accurately predict what bitcoin will do next. Do you think Bitcoin can still hit 20,000$ by the end of the year

I personally believe that Bitcoin could surpass even $20,000 before the end of the year. Bitcoin has the potential to be much more higher especially due to the halving which would be coming up next year and the great recognition its getting from different countries and organisations.
member
Activity: 854
Merit: 10
August 07, 2019, 04:48:15 AM
#13
There could have been a reason behind the surge. For a sudden uptrend in trend like this, it is always better you sell to take your profit, else you will see it plunge, just as it has happened between yesterday and today.
It is also possible to for bitcoin to rise above it's previous ATH.
member
Activity: 1120
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Bisq Market Day - March 20th 2023
August 07, 2019, 04:32:46 AM
#12
I'm not sure when, but I'm sure btc will reach 20k again. When it comes to the current rise--there may be thousands of reasons for it.
I have said this time without number that; the target of the next bull run is aim or targeted at $20k and any one waiting ath the &50k and above will have themselves to blame. The recent soar of the price of Bitcoin was not a real soar but that if the shirt time manipulation of the market, whenever the price of Bitcoin saor without be backup with volume, known that its will suddenly crash back.
member
Activity: 658
Merit: 11
August 07, 2019, 04:30:50 AM
#11
Same question I have been asking too... Can bitcoin see 20k$ by December? Despite the current uptrends in bitcoin am being hopeful @15k$. Quite achievable before December.
we are in new 4-year cycle - and will see much more than 15k by the end of the year
copper member
Activity: 686
Merit: 2
August 07, 2019, 04:25:14 AM
#10
There's actually no perfect prediction about bitcoin, because of its inherent volatile nature. I would advise that we take profit after some level of increase, because the market always corrects itself after a while. I do hope that we have more steady increase in the value of Bitcoin as the year progress.
full member
Activity: 798
Merit: 103
August 07, 2019, 04:17:53 AM
#9
I don't really think that Bitcoin can reach $20000 on this year. Its highest price was $14000. Current dominance is 70% and a lot more than in 2017 when it succeed to reach $20000. But that's my opinion.
jr. member
Activity: 131
Merit: 1
August 07, 2019, 04:17:06 AM
#8
Same question I have been asking too... Can bitcoin see 20k$ by December? Despite the current uptrends in bitcoin am being hopeful @15k$. Quite achievable before December.
member
Activity: 392
Merit: 10
0x860FA3F15AcDFC7c7B379085EaC466645285237d
August 07, 2019, 04:12:00 AM
#8
For me, i think its just a temporary soared, maybe in the next few weeks Bitcoin’s value may go down. And when it comes, if Bitcoin will reach 20k usd, i think its possible, because Bitcoin has a great big potential that everybody knows.
newbie
Activity: 28
Merit: 0
August 07, 2019, 04:05:13 AM
#7
I'm not sure when, but I'm sure btc will reach 20k again. When it comes to the current rise--there may be thousands of reasons for it.
sr. member
Activity: 882
Merit: 269
August 07, 2019, 03:35:23 AM
#7
Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days, Many cryptocurrency experts and analysts were quick to suggest that bitcoin's rise in tandem with the fall in the yuan means it's becoming a safe haven asset, despite its extreme volatility and no one being able to accurately predict what bitcoin will do next. Do you think Bitcoin can still hit 20,000$ by the end of the year
This market is full of up and down and don't celebrate too much as it has lost about 7% since yesterday till now! However, bitcoin is better now than the type of bearish trend we experience last year. Now is a rewarding time for those that were able to hold this long. It is on its way back to over $15,000 we see in 2017.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
August 07, 2019, 03:34:09 AM
#6
Bitcoin price will increase more, but it will not reach $20k in a short time as we see the price cannot break the higher price and still moving from the low price to high price. We should be worry if the price is down after this because usually, after the price increase, it will get down for a moment and this time, we don't know until how much the price will be down. So it is better to take the profit first before the price is down, but many people still hope that the price can break the higher price this month.
member
Activity: 574
Merit: 14
August 07, 2019, 03:33:06 AM
#5
predicting the next move of bitcoin is sometime likened to rolling a set of dices, you can be certain which way they turn out. The only thing every smart person can say for sure is that we are having a rise in value long term as adoption grows gradually.Getting some bitcoins at a fair price for long term is something worth considering.
sr. member
Activity: 1162
Merit: 260
August 07, 2019, 03:25:44 AM
#4
It may happen and i hope that yuan will be plunged even more and more chinese will try to buy bitcoin. If this will happen in every month and i believe 20k looks so easy to be achieved by bitcoin dude.
I hope those countries are prohibiting bitcoin will get plunged on their fiat currency.
member
Activity: 445
Merit: 10
Worlds Simplest Cryptocurrency Wallet
August 07, 2019, 03:23:48 AM
#3
Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days, Many cryptocurrency experts and analysts were quick to suggest that bitcoin's rise in tandem with the fall in the yuan means it's becoming a safe haven asset, despite its extreme volatility and no one being able to accurately predict what bitcoin will do next. Do you think Bitcoin can still hit 20,000$ by the end of the year
I don't think it will increase easily to $ 20000. Because the market will adjust prices. That comes from investors being tricked by whales when buying multiple coins at the beginning of 2018 and losing money entirely in 2018.
We will have a lot of waves so we can earn profits in the coming days by trade.
sr. member
Activity: 793
Merit: 250
August 07, 2019, 03:08:22 AM
#2
Sell when others are greedy and buy when others are fearful - have you heard about this statement?
Everyone is predicting a growth when Bitcoin is growing.  Cheesy But do not forget about corrections and fake breakouts.
jr. member
Activity: 111
Merit: 1
August 07, 2019, 02:47:19 AM
#1
Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days, Many cryptocurrency experts and analysts were quick to suggest that bitcoin's rise in tandem with the fall in the yuan means it's becoming a safe haven asset, despite its extreme volatility and no one being able to accurately predict what bitcoin will do next. Do you think Bitcoin can still hit 20,000$ by the end of the year
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