Can Bitcoin Make it back to $20k ? - page 3.

Heimer

sr. member

Activity: 518

Merit: 250

Quote from: Kyraishi on September 30, 2019, 03:07:46 AM

I think everyone is hoping for a bit too much here - I doubt we'll ever see such a huge movement like the old bull run to 20,000.

BTC is pretty stable currently, and during the past year, it's been 20-30 percent around the 10,000 USD mark -and it's probably never going to leave that price range, too many investors now and people have gotten a lot smarter.

Although, could always be wrong - but I love the current market, let's altcoins thrive and BTC is pretty stable.

Bitcoin will definitelly hit it's previous highs. $20k is extremly possible but it needs some time. If you zoom out BTC/USDT charts then you can clearly see that we're in similiar possition to previous BTC crashes which means that sooner or later we will see a new bullish trend

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Quote from: DarkIT on September 30, 2019, 12:56:04 AM

Quote from: Hippocrypto on September 30, 2019, 12:12:25 AM

Maybe it's possible to make it back for several years, but it's not taking easy when we expect it this year. It sounded frustrating to see but the reality is the naked proof. If adoption could increase again and fluctuating price will not worsen in which could pull down the price, hopefully that $20k will be achieved.

Well, even though there is quite a lot of good news, the price of bitcoin has been steadily decreasing. I began to doubt what was happening at the moment. however, the price of bitcoin is currently at $ 7800, but I still expect a high increase this year. although there is still a lot to consider before reaching the price of $ 20k, preparing bitcoin prices back to the price of $ 10k is a pretty good idea for now.

I am happy to say that bitcoin price can increase up to $8119 according to Poloniex so I expect that in October, we might see the increasing of bitcoin price. If everything run well, we will see bitcoin price can be back to break more than $10k, which will still increase to the higher price. And maybe the price can reach $15k before the end of this year, so we need to calm down waiting for that moment and prepare to sell at the highest price.

aysg76

legendary

Activity: 1974

Merit: 2124

Quote from: danherbias07 on September 30, 2019, 08:18:10 AM

It was way different than it was with 2017 and now.
Difficult to make some good comparison.

One reason. Altcoins.
2017 was not the time of altcoins but more of bitcoin.
Look at the market now?
Look at how much money is being spent buying other coins.
The money is now divided to different investments and bitcoin cannot escape that.
Somehow, others are selling their bitcoin in exchange for the new one thinking it has better feature.
Same thing is happening now with Bakkt.

Yeah, as per the current market trend I don't think the year 2017 is going to repeat for now as 20k$ from here seems quite harder. And this trend is changed with the coming up of the new altcoins as the investment priorities of many the investors have changed but right now many of the alts have also lost their 99% value...

danherbias07

legendary

Activity: 3318

Merit: 1133

Leading Crypto Sports Betting & Casino Platform

It was way different than it was with 2017 and now.
Difficult to make some good comparison.

One reason. Altcoins.
2017 was not the time of altcoins but more of bitcoin.
Look at the market now?
Look at how much money is being spent buying other coins.
The money is now divided to different investments and bitcoin cannot escape that.
Somehow, others are selling their bitcoin in exchange for the new one thinking it has better feature.
Same thing is happening now with Bakkt.

Lucius

legendary

Activity: 3234

Merit: 5637

Blackjack.fun-Free Raffle-Join&Win $50🎲

Quote from: akirasendo17 on September 28, 2019, 09:02:26 AM

~snip~

I disagree with some of the things you say about reasons why Bitcoin is had an extremely successful year (2017) in terms of value, but also in raising awareness among people about its existence, advantages, and disadvantages. It is not true that 2017 starts with $3000, it was only $1000 at the beginning of the year, but it was only around $400 one year before that (2016).

The reason for this price increase was certainly not the FOMO created by the media, we can maybe say it was an effect of pre-halving&post-halving which lasted almost 2 years, until its culmination in December 2017. The correction that followed was quite normal, China ban of crypto exchanges come later, and they also ban ICO which greatly reduced the need for investment in Bitcoin.

I'd say it's pretty frivolous to forecast that the price of Bitcoin will double of today's $8000 to $16 000 in just 30 days, and that November can bring $20 000. This is not 2017, and this kind of speculation doesn't make much sense unless some billionaire plans to invest whatever he has in Bitocin - or SEC finally approves ETF.

tenakha

hero member

Activity: 1470

Merit: 509

Quote from: J1mb0 on September 30, 2019, 07:02:24 AM

Perhaps in the near future Bitcoin could not reach the price of $ 20k. The market needs a huge leverage to go up and so far we have not found that. I think the highest price Bitcoin can reach in 2019 is $ 15k and by the end of 2020 Bitcoin will reach $ 20k.

I can not give you an opinion what the price will be after a long time but the future halving will affect the price well. It is also likely to increase at the end of this year. Even we can expect it to be above $20k in the coming years. But there is no main reason behind any of these thoughts, just predictions. So instead of gambling, wait, take action when you find a thought and answer that makes sense.

Murat

hero member

Activity: 2156

Merit: 711

Telegram @tokensfund

History says bitcoin always comes back strongly breaking ATH every time. But there is no way to predict when and what do you mean by ''they''? People who are saying that bitcoin will hit $16k on October lying as they're holding bags they want to sell and get rich quickly. 2017 Bitcoin moves were by panic buyers who want quick bucks. Though recently big institutional buyers came to the market. They are not crazy they will buy slowly. It's actually good for bitcoin. The market will be more stable in the future. If the price rise slowly that's good for everyone as we saw in the past. 2017 bitcoin price grow up so quickly and fall hard so quickly as well.

Don't take headache over price keep holding as more adoption will drive the price up. Bitcoin can surely cross ATH but there is too little chance to happen in this year.

btc_angela

hero member

Activity: 2660

Merit: 551

Quote from: Rufsilf on September 30, 2019, 07:23:22 AM

Quote from: J1mb0 on September 30, 2019, 07:02:24 AM

Perhaps in the near future Bitcoin could not reach the price of $ 20k. The market needs a huge leverage to go up and so far we have not found that. I think the highest price Bitcoin can reach in 2019 is $ 15k and by the end of 2020 Bitcoin will reach $ 20k.

We know it looks impossible due to its current situation, but we can't simply disclose any chance that (maybe) we could see another brighter side of crypto.
We can't think it now and mostly we are in negative thought, we can also be positive sometimes knowing the fact that bitcoin was still valuable.

As we notice that almost every year Bitcoin's price keeps moving high and it possibly we gonna see it back again at $20k or it much more.

For once we should really need to get and clear our minds for another all time high. Obviously, we don't know when it's going to happen. I'm sure majority of us didn't saw that $20k coming in 2017, after all we started that year less than $1k. Why not just work our asses off if we really wanted to make money here in crypto. Bite every opportunity we see and then adjust our investment strategy and just prepare for the worst. We also need to evolved as well as the price keeps on fluctuating and not have a fixation on a new all time high or even getting to $20k this year.

buwaytress

legendary

Activity: 2968

Merit: 3684

Join the world-leading crypto sportsbook NOW!

Quote from: Rufsilf on September 30, 2019, 07:23:22 AM

We can't think it now and mostly we are in negative thought, we can also be positive sometimes knowing the fact that bitcoin was still valuable.

As we notice that almost every year Bitcoin's price keeps moving high and it possibly we gonna see it back again at $20k or it much more.

I think people just really need to stop being so wildly positive or negative. I mean, I get it, my heart flutters too when I check prices (so I don't so often these days) but we got to really wrap our heads first around this being a long-term thing.

For me, if Bitcoin gets to ATH soon, okay yay. I can cash out a little and enjoy some good times.

But if it doesn't, and I hope it doesn't, it lets me accumulate and work hard during the next few years -- good for me professionally.

Rufsilf

sr. member

Activity: 1778

Merit: 309

Quote from: J1mb0 on September 30, 2019, 07:02:24 AM

Perhaps in the near future Bitcoin could not reach the price of $ 20k. The market needs a huge leverage to go up and so far we have not found that. I think the highest price Bitcoin can reach in 2019 is $ 15k and by the end of 2020 Bitcoin will reach $ 20k.

We know it looks impossible due to its current situation, but we can't simply disclose any chance that (maybe) we could see another brighter side of crypto.
We can't think it now and mostly we are in negative thought, we can also be positive sometimes knowing the fact that bitcoin was still valuable.

As we notice that almost every year Bitcoin's price keeps moving high and it possibly we gonna see it back again at $20k or it much more.

J1mb0

hero member

Activity: 983

Merit: 502

Perhaps in the near future Bitcoin could not reach the price of $ 20k. The market needs a huge leverage to go up and so far we have not found that. I think the highest price Bitcoin can reach in 2019 is $ 15k and by the end of 2020 Bitcoin will reach $ 20k.

MI6

hero member

Activity: 1260

Merit: 504

Betking.io - Best Bitcoin Casino

Quote from: DarkIT on September 30, 2019, 02:50:04 AM

Quote from: iv4n on September 30, 2019, 01:54:45 AM

Quote from: DarkIT on September 30, 2019, 12:56:04 AM

Quote from: Hippocrypto on September 30, 2019, 12:12:25 AM

~

This drop is not over, recent news are that it's going to 6000 dollars, after that we can expect some uptrend. Judging by the market conditions it's very possible to happen like that. I think that 20k is coming after the halving, not rih9away after having of course, it will take some time but that price will come. Until then price will continue to fluctuate, we can just hope that 6k will be the bottom and that range of fluctuations will be between that 6k and 10k.
I agree with you that even 10k sounds like a good idea in this moment, if we are lucky we will see that price before new years evening.

the point that I marked really can happen anytime. This is very confusing. when I held bitcoin and was sure that the price would rise to $ 20k by the end of this year, suddenly, the price began to drop from $ 10k to $ 7k in a short amount of time. in this case, I do not really know whether to panic, and return to ETH / FIat, or continue to hold my belief that prices will be very high at the end of this year. for now, I just hope the price can recover, and not decline to the price of $ 6k.

I think it is depends on people's mental to hold. If you are strong, no matter what price will come you must not panic. If you really sure about that $20k at end of this year, i think it is worth to believe in yourself. Don't be regret if you lose because of yourself, you still can learn what to be your mistake with it.

Kyraishi

hero member

Activity: 952

Merit: 513

I think everyone is hoping for a bit too much here - I doubt we'll ever see such a huge movement like the old bull run to 20,000.

BTC is pretty stable currently, and during the past year, it's been 20-30 percent around the 10,000 USD mark -and it's probably never going to leave that price range, too many investors now and people have gotten a lot smarter.

Although, could always be wrong - but I love the current market, let's altcoins thrive and BTC is pretty stable.

DarkIT

sr. member

Activity: 1176

Merit: 252

Quote from: iv4n on September 30, 2019, 01:54:45 AM

Quote from: DarkIT on September 30, 2019, 12:56:04 AM

Quote from: Hippocrypto on September 30, 2019, 12:12:25 AM

~

This drop is not over, recent news are that it's going to 6000 dollars, after that we can expect some uptrend. Judging by the market conditions it's very possible to happen like that. I think that 20k is coming after the halving, not rih9away after having of course, it will take some time but that price will come. Until then price will continue to fluctuate, we can just hope that 6k will be the bottom and that range of fluctuations will be between that 6k and 10k.
I agree with you that even 10k sounds like a good idea in this moment, if we are lucky we will see that price before new years evening.

the point that I marked really can happen anytime. This is very confusing. when I held bitcoin and was sure that the price would rise to $ 20k by the end of this year, suddenly, the price began to drop from $ 10k to $ 7k in a short amount of time. in this case, I do not really know whether to panic, and return to ETH / FIat, or continue to hold my belief that prices will be very high at the end of this year. for now, I just hope the price can recover, and not decline to the price of $ 6k.

iv4n

legendary

Activity: 3332

Merit: 1191

Quote from: DarkIT on September 30, 2019, 12:56:04 AM

Quote from: Hippocrypto on September 30, 2019, 12:12:25 AM

Maybe it's possible to make it back for several years, but it's not taking easy when we expect it this year. It sounded frustrating to see but the reality is the naked proof. If adoption could increase again and fluctuating price will not worsen in which could pull down the price, hopefully that $20k will be achieved.

Well, even though there is quite a lot of good news, the price of bitcoin has been steadily decreasing. I began to doubt what was happening at the moment. however, the price of bitcoin is currently at $ 7800, but I still expect a high increase this year. although there is still a lot to consider before reaching the price of $ 20k, preparing bitcoin prices back to the price of $ 10k is a pretty good idea for now.

This drop is not over, recent news are that it's going to 6000 dollars, after that we can expect some uptrend. Judging by the market conditions it's very possible to happen like that. I think that 20k is coming after the halving, not rih9away after having of course, it will take some time but that price will come. Until then price will continue to fluctuate, we can just hope that 6k will be the bottom and that range of fluctuations will be between that 6k and 10k.
I agree with you that even 10k sounds like a good idea in this moment, if we are lucky we will see that price before new years evening.

DarkIT

sr. member

Activity: 1176

Merit: 252

Quote from: Hippocrypto on September 30, 2019, 12:12:25 AM

Maybe it's possible to make it back for several years, but it's not taking easy when we expect it this year. It sounded frustrating to see but the reality is the naked proof. If adoption could increase again and fluctuating price will not worsen in which could pull down the price, hopefully that $20k will be achieved.

Well, even though there is quite a lot of good news, the price of bitcoin has been steadily decreasing. I began to doubt what was happening at the moment. however, the price of bitcoin is currently at $ 7800, but I still expect a high increase this year. although there is still a lot to consider before reaching the price of $ 20k, preparing bitcoin prices back to the price of $ 10k is a pretty good idea for now.

Hippocrypto

sr. member

Activity: 1484

Merit: 277

Maybe it's possible to make it back for several years, but it's not taking easy when we expect it this year. It sounded frustrating to see but the reality is the naked proof. If adoption could increase again and fluctuating price will not worsen in which could pull down the price, hopefully that $20k will be achieved.

skarais

legendary

Activity: 2464

Merit: 2094

Quote from: illnino on September 29, 2019, 09:41:34 AM

~Snip

I agree with your opinion. There are still many people who believe that in the long run bitcoin will increase. Although now the price continues to fall, but I'm sure the increase will occur and large investors are waiting for that moment.
Compared to last year, on September 30, 2018 the price of bitcoin was $ 6626. It is clear that today September 30, 2019 the price of bitcoin is $ 7765 on a binance exchange. The price difference every year can be good news for me and others out there who still always believe in bitcoin.

illnino

full member

Activity: 756

Merit: 100

Quote from: nara1892 on September 28, 2019, 10:00:36 AM

bitcoin could reach 20k more or more than that, but in my opinion not for this year
a really high bitcoin surge occurred during the halving block of 2013 and 2017 ... which means the next 2021
I think now the Whales are being accumulated for 2021

In the long term, the power of Bitcoin will increase, although now it reaches its maximum values during the development of the project. It is more difficult to predict the BTC price, but leading experts say that it will take more time to reach new highs, while the cycles themselves will expand and become more stable due to increased market capitalization. Bitcoin will start to attract more large investors and traders.

bitbunnny

legendary

Activity: 2912

Merit: 1068

WOLF.BET - Provably Fair Crypto Casino

No, Bitcoin will not reach 20000$ this year, such predictiom is too optimistic. If it crosess 10000$ again that will be success and that might happen closer to the end of the year. Having in mind current conditions im the market 20000$ is not likely at all and also there is so little time left so price should rise very fast all the time and that is not going to happen.
Don't expect to see 20000$ as a Christmas gift.

Topic: Can Bitcoin Make it back to $20k ? - page 3. (Read 2688 times)