Is Bitcoin on its way to $20,000? | Bitcointalksearch.org

Ipwich

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Quote from: lepbagong on May 10, 2019, 06:40:55 PM

Quote from: ngusmin on May 10, 2019, 04:31:18 PM

The price of 20k is a price that may be reached by bitcoin but not in the near term, and it is possible for 2020 that bitcoin can achieve it.

Obviously I disagree with you about the increase in the price of bitcoin, now bitcoin is on the rise and has begun to exceed $ 6K and usually if there is a measurable increase, I believe that bitcoin will continue to increase and it is not impossible to reach $ 20K. we see the end of this month whether bitcoin can penetrate $ 8K. if there is a possibility it will continue to move up and will occur.

Bitcoin will soon breach $7,000, it's trading at $6900 now and we don't expect this kind of a very fast run, well, a bull run it is.
$20,000 looks impossible to some but for the believers, it's the price that can easily be achieve with bitcoin moving on a bullish momentum.

$7,000 today seems to be possible and might happen in an hour.

lepbagong

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Quote from: ngusmin on May 10, 2019, 04:31:18 PM

The price of 20k is a price that may be reached by bitcoin but not in the near term, and it is possible for 2020 that bitcoin can achieve it.

Obviously I disagree with you about the increase in the price of bitcoin, now bitcoin is on the rise and has begun to exceed $ 6K and usually if there is a measurable increase, I believe that bitcoin will continue to increase and it is not impossible to reach $ 20K. we see the end of this month whether bitcoin can penetrate $ 8K. if there is a possibility it will continue to move up and will occur.

ngusmin

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The price of 20k is a price that may be reached by bitcoin but not in the near term, and it is possible for 2020 that bitcoin can achieve it.

Shinpako09

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No one knows if this run will lead us to $20k again but going back in such price this year seems impossible eventhough price keeps on showing green moment. I believe next year will be more bullish and the year we have been waiting for. But I see no reason for price to fall back again so we're going to see a growth until the end of this year.

el kaka22

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Is it on its way to 20 thousand dollars? Sure. Will it be soon? Doubt so. I think we are on the early stages of a bull run but without knowing further information on what will be the late stage of this bull run we can't know if it will hit 20 thousand dollars or not. Maybe we will go as high as 12 thousand dollars and then go back to 9 thousand dollars and stay there for months? Maybe it will go to 100 thousand dollars and stay there.

Basically, anything is fair game right now and without actually living that moment we can't predict the future. The only thing that we have in our data is that we managed to hit as low as 3400 this year and now we are at around 6400 levels which means we are on early stages of a bull run for sure, how long this will continue is still up for debate.

Argoo

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So far, I think, Bitcoin does not set such a task. This year, reaching the price of Bitcoin to the level of its previous price record - $ 20,000 is not realistic for it. It will be much better if Bitcoin and another cryptocurrency this year will grow slowly, but constantly. The best price for Bitcoin by the end of this year will be approximately 12,000 -13,000 dollars.

Supercrypt

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Quote from: Caladonian on May 09, 2019, 12:53:24 AM

The higher we trust the bull to be more stronger the more patience we are to hold our coins, the struggles will be replaced by recovering movements, if we wanted to help making it more quicker to reached the said amount, we need to keep holding and avoid doing short term trades, the more who will hold the more the value will rise up.

Supporters and believers needs to keep being optimistic, it will happen much sooner if we keep trying to help by holding patiently.

I don’t think short term trade is really the one pulling the price of bitcoin down, because most people who engages themselves in short term trade does so to compound and add more coin to the already existing one.

I do short term trade, and ever since I have been doing this, I have never for once taking any profit completely out of the market, whatever profit I get through my short term trade, I use it to buy back more bitcoin, which means the money goes back to the market, and I have not seen in any way that this will affect the price of bitcoin that much.

The people affecting the price are the ones taking profit out of the market entirely, in which there is nothing we can do about that.

Barbut

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Quote from: harizen on May 08, 2019, 03:07:33 PM

Quote from: bobsav2121 on May 06, 2019, 10:59:44 AM

With the massive price surge over the last month or so, how long do you guys think we need to wait for BTC to get to 20K? Realistically speaking...

These guys touch some nice topics that must happen if we want to get to see BTC at $40,000:

https://cryptotradernews.com/cryptocurrency/bitcoin-the-path-from-4000-to-40000/

When price experienced a sudden pump = We are now heading to new ATH
Then on the way, price suddenly drops bit or hard = No another ATH this year

See how people create their speculation? There are lots of professional analysis that destroyed during the 2018.

In other words, even big people will talk about what will happen on every trend, it's still no assurance nor increasing the chances of happening.

Just take advantage of the current happenings. Reaching $20,000 again is way long to go and too early to speculate. Better set your expectations first on reaching $7,000 , $9,000 , $10,000 etc.

Explain that to everyone! With every swing people are falling in some kind of fever and we are seeing so many flammable topics. If its go down we see panic like its going to zero, if its going up we will see new ath. People can speculate as much as they want, whats happening actually all the time, but that will not change anything. Point is if you believe that price will be $20k in some moment get into right now, what are you waiting for?! If you believe that price will drop than wait before you buy, we are making our destiny, not others.

Caladonian

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Quote from: BlueStackz on May 09, 2019, 12:23:05 AM

Quote from: BUK2016 on May 08, 2019, 02:39:56 PM

Well, I will say Bitcoin is on it way to $20,000 and could even move than the value mentioned above which I believe will take time before its will get to such hight again.

There is no specific time that we can say bitcoin will cross over to that value, environmental fundamentals are what we need to make the price of bitcoin hit that and if we are not seeing that yet, then it may take time for bitcoin to really reach that value.

It now depends on the level of our patient too, because that will determine how much bitcoin will struggle to climb that hill, because there has been so many times bitcoin tried climbing the hill but the Bulls keeps bringing it down while bitcoin struggles to charge up. The lower our dumping, the faster bitcoin will quickly achieve this.

The higher we trust the bull to be more stronger the more patience we are to hold our coins, the struggles will be replaced by recovering movements, if we wanted to help making it more quicker to reached the said amount, we need to keep holding and avoid doing short term trades, the more who will hold the more the value will rise up.

Supporters and believers needs to keep being optimistic, it will happen much sooner if we keep trying to help by holding patiently.

BlueStackz

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Quote from: BUK2016 on May 08, 2019, 02:39:56 PM

Well, I will say Bitcoin is on it way to $20,000 and could even move than the value mentioned above which I believe will take time before its will get to such hight again.

There is no specific time that we can say bitcoin will cross over to that value, environmental fundamentals are what we need to make the price of bitcoin hit that and if we are not seeing that yet, then it may take time for bitcoin to really reach that value.

It now depends on the level of our patient too, because that will determine how much bitcoin will struggle to climb that hill, because there has been so many times bitcoin tried climbing the hill but the Bulls keeps bringing it down while bitcoin struggles to charge up. The lower our dumping, the faster bitcoin will quickly achieve this.

harizen

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Quote from: bobsav2121 on May 06, 2019, 10:59:44 AM

With the massive price surge over the last month or so, how long do you guys think we need to wait for BTC to get to 20K? Realistically speaking...

These guys touch some nice topics that must happen if we want to get to see BTC at $40,000:

https://cryptotradernews.com/cryptocurrency/bitcoin-the-path-from-4000-to-40000/

When price experienced a sudden pump = We are now heading to new ATH
Then on the way, price suddenly drops bit or hard = No another ATH this year

See how people create their speculation? There are lots of professional analysis that destroyed during the 2018.

In other words, even big people will talk about what will happen on every trend, it's still no assurance nor increasing the chances of happening.

Just take advantage of the current happenings. Reaching $20,000 again is way long to go and too early to speculate. Better set your expectations first on reaching $7,000 , $9,000 , $10,000 etc.

Xenrise

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Quote from: LFC_Bitcoin on May 06, 2019, 11:06:22 AM

$20,000?

Probably around 6-12 months are the halving (which is 12 months from now). I’d say we’ll reach a new ATH between late 2020 & mid 2021.

It’s going to be like a rocket from there though, expect to potentially see $100,000 per coin by 2022.

Probably this is the most accurate. I'm more bullish at bitcoin on the next years, certainly not the next months. I mean, it's a good look right now, sitting near 6k usd but it's a long way to go for it to go 100,000 dollars. And halving might help it to reach its current ATH.

BUK2016

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Well, I will say Bitcoin is on it way to $20,000 and could even move than the value mentioned above which I believe will take time before its will get to such hight again.

Ayiranorea

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Quote from: The Cryptovator on May 07, 2019, 03:20:50 PM

We can say on the way, but still too far. Still bitcoin hasn't broke bearish trend. It's just beginning of recovery, the moment really we can't say we are on bull run although bitcoin broke $6K today. And we experienced a pull back. We need to wait for pull back where it will stop. Need to stable above $6K zone for next bull, braking $8K will be clear bull signal. Till that we have to say just recovering.

At the moment we cannot say it isn't the on the way to reach $20000. If the price growth as now continues till the end of the year, surely the growth of bitcoin will be taken forward to the falling year. When this happens in reality surely there will be some form of good growth happening further than the year end growth as it nears the days of halving. By those time period it might touch $20000.

trickyriky

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Quote from: uray on May 07, 2019, 06:37:08 AM

Quote from: LFC_Bitcoin on May 06, 2019, 11:06:22 AM

$20,000?

Probably around 6-12 months are the halving (which is 12 months from now). I’d say we’ll reach a new ATH between late 2020 & mid 2021.

It’s going to be like a rocket from there though, expect to potentially see $100,000 per coin by 2022.

I really do not want to see a sharp rise like that in a short span, if that happens how can you describe it rather than calling it a bubble and the fall from that will be bad on papers too, you can make a lot of money when the price touches those valuation but the general perception of bitcoin will change and people will start seeing it as dump and dumb market and it wont be good for the market, steady growth is what we need to see in this market, but not sure whether we will see that.

Do not worry - this sharp rise, as you call it, will not happen this year. We will avoid the new wave of hype. Bitcoin will grow, but it will do it steadily. The whole process will take a long time.

Gaff

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Quote from: ene1980 on May 07, 2019, 07:31:18 PM

Quote from: TimeBits on May 06, 2019, 11:39:58 AM

read the first line, stop trading it to fiat you fools, has satoshi?

There is nothing wrong to follow everything as a religion, everyone has their choice on what to do with their investment, but in the end of the day everyone is looking for profit with their investment and they have the right to do anything with their hard earned money.
The market is looking good at this point and the market is recovering after a long time and we might see another huge rally in a couple of years but the recovery phase looks promising.

Indeed, recovery period was taking so long since the price downfalls since last year 2018, and until the start of 2019 it still struggles to develop another momentum. When a good investments will come and development a good trend in the upcoming days could initiate a better market, it's not impossible for bitcoin to become more promising. This will turn a good signs for achieving the best price that could shake the entire world of crypto again. Thinking again for $20k is just a big number that could change our lives randomly.

ene1980

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Quote from: TimeBits on May 06, 2019, 11:39:58 AM

read the first line, stop trading it to fiat you fools, has satoshi?

There is nothing wrong to follow everything as a religion, everyone has their choice on what to do with their investment, but in the end of the day everyone is looking for profit with their investment and they have the right to do anything with their hard earned money.
The market is looking good at this point and the market is recovering after a long time and we might see another huge rally in a couple of years but the recovery phase looks promising.

Bagaji

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I don't think there is any possibility of getting close to $20,000 in the coming months because the factors that makes it happened in the 2017 that make Bitcoin and crypto currency in general a talk of the Town are not what is affecting the market now.

zoneterror

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Seeing that the volume is getting higher everyday almost, and its higher than 2017 comparat. at the marketcap, that plus the halving of litecoin pushing the bull market, and the halving of bitcoin. we could have a stable 40k$ during 2020, or during 2021.

So 20k$ easy during 2020 yes.

The Cryptovator

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We can say on the way, but still too far. Still bitcoin hasn't broke bearish trend. It's just beginning of recovery, the moment really we can't say we are on bull run although bitcoin broke $6K today. And we experienced a pull back. We need to wait for pull back where it will stop. Need to stable above $6K zone for next bull, braking $8K will be clear bull signal. Till that we have to say just recovering.

Topic: Is Bitcoin on its way to $20,000? (Read 706 times)