Topic: Bitcoin to 20k-40k by end of the month. FORECAST (Read 2384 times)

Tomorrow is the last week of the year, and it seems like this prediction is not right, instead we see the price keeps going down and now around $ 13500, hopefully the $ 13,000 price is the lowest price and do not drop anymore.

20,000$ is high target for bitcoin and will be near that price by the end of this month.

also last correction make us set 10,000$ is high correction

Bitcoin will definitely grow. Since we're still nowhere in the middle of December, it may happen, but not too likely; probably next year.

yes

I wonder if this is going to be the year where everything changes and people are going to begin noticing bitcoin and using it in their every day lives, maybe that is going to take a lot of time but I cannot wait to see the day in which people around the world finally accept bitcoin.

As the prices are going to much high the no of investor are increasing day by day and this thing shows that bitcoin is growing more stronger and that day will not be so far when whole world will chant about bitcoin, and this thing is sure that bitcoin will end up in between these both values and all this will be going to show that the coming year will be the more profitable and I am counting on my bitcoin how much it will give.

It seems I was wrong I thought that the price you predicted was simply too high and in fact we were very close to hit your minimum range of 20k and since there is still so much time left before the end of the month it is entirely possible we hit those 20k at the end of the year.

Yeah all this seems to be miracle because bitcoin has a lot if rise in these two months and maybe in future bitcoin will rise more and end of this year will be surely at above 18k because there is o second opinion in it price are so high and people are mad about bitcoin and they will invest in bitcoin at any price because they know the fact that this coin will mean a lot in their future and this thing is giving rise to the prices.

Bitcoin will surely reach $20k and $40k as well, it is just a matter of time.
Bitcoin was selling $965 December 2016 and look at the bitcoin price today above $15,000.

The price of bitcoin will touch  at the end of the year 19000$ now people need to do not miss the chance of investment because this time is very golden chance for them to investing now, moreover I think after the end of the month i mean in 2018 the month of January its price will be down to again 130000$,.

Bitcoin price surge in recent week seems made it possible to reach the $20k to $25k before the year end. There is also an outrageous forecast of Saxo bank that bitcoin price will climb to $60k before crashing down to $1000 in 2018. Before the year end, more forecasts are coming. The outcome of bitcoin futures may tell if the price of the bitcoin will accelerate more in the next few days.

Maybe the price of the bitcoin will become 20,000 dollars because the price is already 16,000 dollars yesterday the price is 17,000 dollars but today decrease but I believe it will increase again. I dont think the price become 40k dollars in this year 2017 naybe it will happen in the next few years but no can give the exact datr when it happen. Maybe we can see that price of maybe we cant see because no once knows what is the future of the bitcoin.

Looking at the current situation I think bitcoin will hit 20k by the end of the year then there will be a small correction but the price will be around 18k. A meaningful year of bitcoin.

now we gonna make some consolidation here, even 10500 is really possible to touch.

If this rise in price continues like this we could expect to see price over 20k in next few days maybe for sure next week. My only concern is will it comes down rapidly or will be some correction small or big. We can all say that 20k price is here maybe more but 40 even with this price rise is hard to achive.

Yes, i assume bitcoin will reach $25K at the end of December 2017. The growth is massive now. Though bitcoin has a fall of around $1K today compared to yesterday, it will raise again to $17K and will gradually keep increasing day by day. Many investors started investing into bitcoin now. This is the reason for this massive growth.

That's too much i think. Alsthough the rate of increase at this moment is high but the problem is we don't know untio.when will it continue increasing so I think it won't be able to reach 40000 USD before this year end. The period.of time won't be enough which is only pess than a month . Buf surely before this tear end, it will be more expensive.

People have been terming the short corrections as the one that is expected. The difference here is that the rise is still ongoing and that is why they are pretty fast and a lot of traders are busy shorting. I would really be very careful because no one may really know the starting of the huge correction and as optimistic as we all are that we won't see something huge, anything can still happen.

Some exchanges like bithumb already have it as $19000 plus and we still have some quite good number of days before we get to the end of 2017. We cannot say what the end of the year is going to be like yet but anything can really occur. We have two scenarios that could play out; a huge correction happening or we keep seeing a huge ride to the moon coming 2018.

This price is quite close for bumping on, even if it look far still this price can be reached maybe even little higher cuz we are only in second week this month and believe that major price change is cumming next week. Reason is that many will use Christmas as a option for bitcoin price increase also many will say that after Christmas price will go down.

End of the 2017 will be $19.000

The OP might actually be right! haha

Obviously we'll have a correction soon and I can't imagine this kind of inflow of money can keep up for much more than a few days, but still it's possible we get above $20k this month.

So guy_wonderful is quite good for predicting $20,000 at the end of this month? I'm not believing him before and I did never commented on this thread since I thought it was just a bluff. But now I'm interested with his prediction and it's going to be near as we are now at $15,000. And this means that by the end of the month it's either the lowest will be $20,000 but it's better if it will become $40,000.

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Waiting this for a very Merry prosperous Christmas.

7 days ago this target seemed impossible or otherwise too optimistic, but today the btc has exceeded the threshold of $15k with an increase of 50%. Now that target seems almost easy to reach!
after overcoming the wall (even psychological) of $ 10,000 the btc started to run and seems not to stop anymore.
I expect a correction in the coming days but 2018 will be really interesting

I have swll might the last time it deops before tis outstanding climb and it regrets me, but since I have still save some I hope it will increase still, $15k is just aroind the corner.

Getting to $40,000 before ending of December 2017 might be difficult but it is very possible looking at the way price of bitcoin is going. I think we should buy bitcoin now as at $14,000 bitcoin seeing too low compared to were we would see it in years to come. Many holders are not ready to sell now including me and I think that is the reason why the bullish momentum is going to continue. I have decided to sell my hold by December this year but have to change my mind.

20k its possible but I don "t think so; Probably we will see a downward trend . The price of bitcoin will drop to 10000 usd

I wouldn't be surprised to see 25k by Christmas, it's gone exponential, but this crazy surge can't last more than another 3-4 weeks imo, there has to be a correction sooner or later. We might see sub 10k in January

Many exchanges have already witnessed the value to be above $15200 while others are still struggling.
The thing here is not the "quantitative easing" that's happening in the case of Bitcoins where all the fiat is being injected into this and converted to Bitcoins which is demoralizing all the fiats and appreciating Bitcoins relatively, but the "qualitative fact" needs to keep up with the value that Bitcoin is not in a "bubble" currently that might burst any time soon. We need buyers to constantly hold the values they are taking it towards, and for it, they need to be patient, but most people that I am seeing - are investing into Bitcoins just for the purpose of some measly profits over their investments and this might probably end up in a crash any time sooner or later when investors too start to join the party and begin to "realize" their profits.

Steadily, we need to grow this and as well, we should know where we are heading towards. An investor who's taking it up and is having a good intention in his mind for Bitcoins should know what they are doing and why, because this will only help Bitcoins to rise and continue gains at a better growth rate. 20k doesn't really look too far atm if asked from the purpose of speed of growth, but if we talk about 40k, I believe there's no chance for it to go that high within a month.

$15,850 Already on OKCoin ^_^

We're close to reach the $15k. GDAX already made it.
Koreans are totally crazy and pumped corn up over $18k so far.
The question now is where the blow-off top will be, 16k, 18k or 20-25k??
And how strong will a correction be? A more short and tight one to give us enough steam for another leg up to 30-40k and beyond and then go into another bear market?
Or will we go straight down to 8-10k or possibly lower?
Time will tell. We will know pretty soon. There will be be many winners, but also lots of losers.

Im very surprise with the bitcoin price possibly it will hit the target to $20k or more. Bitcoin is really surprising investos rather all users that suddenly it will reach at this price. Moreover, I agree bitcoin end of the month forecast we will seeing $20k. 

don't think we gonna float back "ever", it's expected 50k by June. Yes im not kidding  

Only 7 days into the month is complete and we half of the way to your price prediction.

I'm impressed.

I honestly believe we touch the 20k mark and float around 15k - 20k for a while before we head higher.

 

hey
14500 already

As I see the situation, it might reach 13 thousand and then the correction will happen. New Year will show this border!

proudhon's back? Are you just trolling us here?!

Is this confirmed? Has the PbOc issued a statement?

It is impossible mate its like skipping a half months worth for the growth of doubled value. It will probably go $15000 in the year end of 2017 just maybe go that high though i cant guarantee it for now but i hope it will.

That is not a forecast that is more like a wish list, I would love for that to actually happen, but in all honesty I find that very unlikely especially if we take into consideration that bitcoin has been skyrocketing for quite some time, we need a stable price for some time to accumulate more bitcoin.

Definitely, Bitcoin posses a great future and its rising demand in the recent time has created a huge jump in its price but that does not mean that it will continue to move on the same track by the end of the year one can expect either price to rise by 5k USD more or a drop of 1k USD. Both the cases are possible with the volatility of Bitcoin, hence nothing is assured. Bitcoin may fall after the hike also if short term investors cash out but all these things cannot be determined easily like the price hike in the recent 7 days.

I believe that is possible the price bitcoin will up to 20k, three weeks left until the end of month and everything is possible.. actually bitcoin is unpredictable and always make everyone surprised. let's see what will happen next..

It will take more time to reach at the 20k-40k values it is not just the game of one month think sensibly regions who accepted bitcoin are in limited no and many are thinking if they all will join and accepted and invest in the same month then there may be a chance that price will go that much high otherwise that will take 5 to 6 month to reach at such a height so be hopeful it will go but don’t predict so early, profit will come at the time.

Nice prediction! Bitcoin went back a $10,300 before and now it never came back at that price again.

Because it is now $11,700. Nothing bad when we speculate and this prediction is not just as accurate as the OP made.

Better luck next time predicting the price.

Too much fabrication on this speculation about the price of bitcoin. It may happen someday but not today, not this year, not this time. As you can see bitcoin is rising almost half of it's price last month.

So your prediction of Stop at 10,300 and never reach at 10,300$ again has already failed as price is roaring past the 11,000$ mark. The speed in which bitcoin demand is increasing, i must say that any possible target like 20000 or 40000$ is not impossible.
I can see bitcoin will grow very much in 2018 as the trend has been set this year. We shall see the peak of bitcoin in 2018.

These kinds of predictions are a good confirmed indicator that this basically the top, and as I say, it's the top top. Meaning once the rush to the exit begins, the market will never recover again. Ever.

we break 11,700$ 2017-12-3 so can add more 3-5k by the end of month/year so will be 14,700$ 16,700$

id say maximum is 15k going into 2018 from there is skywards and will not let up in my honest opinion

of course, bitcoin will grow, the price is up and down too often and the price is changing too fast. and now, the price is at $11,065 in the bittrex and it seems the price wants to go increase after yesterday, we've got down too deep. I am happy with this because I can sell some of my bitcoin to take profit.

I don't understand ... Why grow to 20k-40k, but stop at 10300? What does it mean?

I think the prediction ia too high, for now bitcoin hasn't be able to stabilize in$10.000, to make it up to 20k is a bit impossible, unless some big companies suddenly accepting bitcoin then maybe it can go that high, without big events I dont think bitcoin can go up that high

i am really hoping to see it around that more or less,
because if we're reaching that point i believe we should see another flash dump that will happen,
my hand is itching to wait something like that and want to make a good profit from that run.
still waiting it until it get listed on CME group's listing at December 18,
something big will happen absolutely

The prediction of Bitcoin value reaching  $20,000 -$40,000 before end of December this year is unrealistic, for today is 3rd of December already and i don't believe that there is any reason behind your prediction of Bitcoin to have reach that height before end of December this year. But What I believe is that Bitcoin value may reach $12,000 before end of December this year as a result massive adoption by the people world over.

If you are saying $20k-$40k by the ending of the month, which is a conclusion for this year's price, no, it way too high to get to. If you have some better reasons of saying so, then you can share it here. Bitcoin will not exceed $12k by the end of the year and that is all.

22k

I can. Amazon launching its payment platform right before Christmas.

End of the month 20k-40k? I call bullshit.

Your previous forecasts are all over-bullish and i doubt that you have that many correct predictions. I'm bullish with bitcoin too at the moment but i really do not think that it's going to just grow by 2-4x in value within a month.

This has never happened from the run up since Jan, no reason why it should happen now.

I don't think so the price will be 20k or 40k dollars before end of this month or end of this year. Maybe it will happen in the year of 2018 or in the year of 2019. I think the possible price of bitcoin before end of this year will be 12k dollars . Today the price is near at 11k dollars because as of now is already 10,500 dollars plus and I think it will increase more.

Price for now is $11k too far from
$20-$40k based on your prediction,maybe it could reach that far but not this year, dumps will be happening after it rise up,though bitcoin prices seems so unpredictable i think 2018 $20k is reachable because bitcoin now is the new trends of currency and i guess more and more will get amazed on the current price of bitcoin.

I will grow more and more but the growth rate won't be that fast and this is normal for its stability. This way the adoption will be high for bitcoin by the other people who are strange to bitcoin.

these targets are very optimistic and of course I would be more than happy to reach that target, the problems is that we are still very far from reaching this target, see that we are in the $11000, so these targets will only be reached in months



do not say "never" because it may fall below this price if have any news very bad

Doubling the price/bitcoin would be insane, but then again this market had been unpredictable this recent year and the jumps are astonishing even without the big names in investment ventures. It's good to be optimistic about a certain thing, but having blind faith is another, and I don't think $20000 is even possible to be achieved in just a short span of time. It would take more than that even with CME's upcoming.involvement in December 2018. $20k is possible but in under a month? I think not.

Hmm. I doubt that we can get to $20,000 this month or at the end of the year. Realistically, around $12,000-$15,000 can be attained but that's too far stretched. The must awaited $20,000 could be break though in 2018. Although there is a news that CME has already announced its bitcoin future contracts starting on Dec. 18, I don't think that it can push it to $20,000. Demand is there, but it will take a huge chunks of cash to flow in the market to achieved it and I don't know what will be source of this such huge amount to get into the ecosystem. I agree that we should all be contented and happy if $12,000 is achieved this year. And wait till 2018 and see if this bull run will continue. I wouldn't be surprise though if this continue, because the sentiments is still high and very bullish.

Well, even when John McAfee said it would be at $5,000 by the end of this year, it has now become $11k, so I suppose even those who predicted the grand total of $10,000 by 2017 will now think, hey maybe even $20,000 is possible.

But today, the big news of Bitcoin futures pushed it past $11k, only to stop short of the ATH. I really can't see another big news in the next four weeks that can do even better. Let's all be happy with 11-12k for New Year's Eve!

Nothing impossible with Bitcoin price but above $20k is a bit exaggerated.
I think that $13k is a good price to reach by the middle of December and $15k to begin the year with it 

When you do say about bottom then you are probably mentioning the support since resistance are place on peak prices which is mostly considered as roof or ATH on bitcoins price and i agree on what you have said here on which most predictions of this guy is too way unrealistic for me specially you do mention on hitting up for this end of the month or on the year of 2017.This is too much actually.

i think you always go overboard with your "predictions" about price of everything. i usually see your topics and they seem to have two main factors: first one is a big range like here where you say 20K and twice than value meaning 40k!!
also they always seem unrealistic, at least to me.

i also don't understand what the last statement means? are you talking about some kind of bottom resistance?

It will be one or two corrections with price little lower then 10k, but this is very bold and maybe ridiculous for bitcoin price to reach and even breach price of 20k this year.
Little to optimistic in my personal opinion is this price range.

Nice speculation I like the last part of bitcoin will never go back again below $10,300. Though $20,000-$40,000 by the end of the month is quite impossible because of too high value but anyway whatever will be the result by the end of this month/year, it will be fabulous for sure.

Very, very possible.

I think it is already a fact. Institutional money is massive, it will leave many of us perplexed.

Ha! This is a stupid prediction. Though $20k might fall in March, and $40k next Summer of Fall.

Can't Imagine how many corrections will happen when it hit that price before it gets stable. Too much positive news were released in the last 24 hours, CME launch of bitcoin futures in Decemebr 18, MC Donalds to start accepting bitcoin as payment by 2018 and a statement from James Altucher's 10 predictions about where bitcoin and cryptocurrencies are headed. Can't wait what will happen later specially it is a weekend and almost all of the price increase in bitcoin occur during weekends. I thought the year is already ending, it seems that we will really start the new year with a bang in the crypto world.  

CME is going to take bitcoin to the next level when it comes to speculation, but we will need to wait and see how much of this establishes a new paradigm or just a tower of cards that could crash.

Nasdaq is also getting in for the first time ever in the future market with bitcoin which weird. It points to me that they are hyped about bitcoin and expecting a big rise.

The money needed for BTC to hit $40k in a month is tiny compared to the volume these institutions move, which is trillions a day.

I personally wouldn't like to see such a steep rise, because maintaining it would be hard.

The element of volatility is there but 20k-40k by the end of the month is a longshot i don't see happening, that's like twice its value or four times of what it is today...$15k would have sounded better but I wouldn't mind seeing the forecast coming to pass.

It is not impossible to pump price to 20k$ before end of this year,but it is unlikely that this will happen.Those who speculate about BTC price say that this price can be reached in 2018,and I think it's more realistic.

I do not know how big impact will have bitcoin futures on BTC price,but news say that today U.S. Commodity Futures Trading Commission is gave green light for CME,so they will start with bitcoin futures on December 18. 2017.

Some news saying that amount of money waiting to flow in BTC is over 10$ billion,and this will for sure pump price pretty much above 10k$.

It more wild guess.

For some prediction he would put some link or reference from someone that was mentioned, but even this price is good, but on other side its good to be optimistic in any way so for this i will go for 12-13k by years end. Its to optimistic and wild for price of single bitcoin comes to over 20 grand in single month.

it's a 'Forecast' or a 'Wild Guess ?
also what does that mean by this ?
are you saying about Bitcoin price will sto at $10.300 ? or when we're reaching it or around this $20k~$40k,
bitcoin will moving downward and stop at $10.300 in the future and never go up again ??
we may be can see it around $20.000 if it's listing on CME group's futures,
usually when we heard about that kind of news the price is spiking in a single day afterward the price retracing back to its own average price.
well everything can be happen with it,
but i do not hope to see it happen because it will only lead us to bubble other than healthy grow which is not really a good sign for bitcoin for future

It seems to me that a lot of people think bitcoin is God. They think that they bought the lucky ticket and is now having in the wallet 1 bitcoin can live the rest of their days as rich men. Bitcoin will continue to rise indefinitely. It seems to me that this is not just a mistake. This increases the likelihood that the price of bitcoin will collapse.

I like the optimistic nature of how bullish the predictions recently are, but in some cases things are just too far off to become reality within the given time frame. At most, I see an attampt towards $20,000 before the end of this year, but that's really it. If we do happen to reach $20,000 this year, it translates into a growth of 2000%!! It gives all stock/bond/gold,etc investors wet pants by just thinking about it. People like quick increases I get it, but I add value to a more stable (sustainable) form of growth. For now, the only thing that can get the price to correct, likely for a brief period, is a rejection of CME's Bitcoin futures. In that case, we still have Nasdaq to function as backup, which I believe will lower the urge to create a massive sell-off.

The current price stands at $11k USD and you are saying that it would reach at $20-40k by the end of month,from where does you get such news which seems to be totally unrealistic and impossible.Don't go beyond imaginations and speculate wisely and you will realize that it could reach a maximum of $13000 by end of month and it will take a dip afterwards. This price seems possible next year but its too early prediction which cannot be turned into reality by moving magic stick and bump the price to that level.

20-40k by month end? Any reason for such a prediction, I think that's way too unrealistic and we'd be lucky to see a price much higher than 12k. 15k is possible maybe.

Bitcoin will grow.

Target 20k-40k

Probably stops at 10300, it's where price never will come back again.