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Topic: Is Bitcoin on its way to $20,000? - page 3. (Read 706 times)

member
Activity: 574
Merit: 14
May 06, 2019, 06:48:33 PM
#45
There were some indications that some of the purchase in last couple of days were owned by institutions or big players.There are no doubts that bitcoin can surpass even the 20000$ in the coming months.It only took about 10 days in the last bull run to almost double in price.The major drive will be the removal regulatory hurdles for institutional involvement and platforms to support such.
sr. member
Activity: 2436
Merit: 343
May 06, 2019, 06:41:12 PM
#44
In the short term, I am waiting for Bitcoin to hit that my huge $6K resistance and cross or even test it a couple of times and then . And then in along term what you are saying is true- we can fly very high above the $20000. anyway the future will tell.
That is to high for me ($20k). When the price will be that high, expect also for the high risk we gamble in the market. Know its volatility, I'm afraid low level individuals in the community will never take the risk or they will never invest crypto due its budget. Better to stay at below $20k, would be that fair to everyone.
jr. member
Activity: 250
Merit: 2
May 06, 2019, 06:35:45 PM
#43
In the short term, I am waiting for Bitcoin to hit that my huge $6K resistance and cross or even test it a couple of times and then . And then in along term what you are saying is true- we can fly very high above the $20000. anyway the future will tell.
sr. member
Activity: 625
Merit: 258
May 06, 2019, 06:32:30 PM
#42
Predictions predictions as always Roll Eyes Does anyone has a real fact that price will indeed reach $20.000?
If only someone could say "i'm going to buy 1 million dollars in bitcoin" that would pump it immediately.
hero member
Activity: 1834
Merit: 523
May 06, 2019, 06:29:46 PM
#41
In the end of 2019, bitcoin price increase very fast so it can reached that again for the second time. But if the bitcoin not reach that possible in the year 2020 and I believe on that. Other people did not believe bitcoin not hitted again $20k and that's their prediction and othe takes few years before it reach again because we have different prediction we cannot easily to determine the real value of the bitcoin next few months and years. But the majority is possible this year and Im happy for that.
hero member
Activity: 1932
Merit: 506
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May 06, 2019, 06:23:08 PM
#40
If the price will continue to increase, there is a good chance that we can hit the 20,000$ bitcoin price by the end of the year.
Though it is somewhat very challenging as the last price of bitcoin weren't able to touch the 20k$.

Once it will happened, this will be another achievement of bitcoin which is very interesting to follow. But I wonder also if the holders will keep on holding once we reach the 20k$ price as it is very tempting price already to dump especially if you have bought btc in very low price.
full member
Activity: 322
Merit: 101
May 06, 2019, 05:48:13 PM
#39
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/
Anything can happen to Bitcoin. Although Bitcoin has been increasing recently, the price of $ 20,000 I think is not possible. $ 20,000 price because recovery in Bitcoin is usually a cycle of two to three years.

Bitcoin will reach 20,000$ and even more but it will take time an year or so. The bear phase is almost over and now bitcoin is looking to slowly move upwards. There are many resistances which bitcoin needs to cross before it reaches the all time high again.
full member
Activity: 381
Merit: 100
May 06, 2019, 05:41:36 PM
#38
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/
Anything can happen to Bitcoin. Although Bitcoin has been increasing recently, the price of $ 20,000 I think is not possible. $ 20,000 price because recovery in Bitcoin is usually a cycle of two to three years.
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
May 06, 2019, 05:41:27 PM
#37
I think that it is pretty remarkable that Bitcoin hit the high that it did in 2017, especially given all the shit that had been thrown at it up until that point. Of course, we all know that it was hype that took things that far.

I don't imagine that it will hit 20k anytime soon, but we will continue to see volatility across a number of coins with some sideways action for the next year or so.
full member
Activity: 546
Merit: 100
May 06, 2019, 05:38:19 PM
#36
Just like last year bitcoin can once again in the way to hit 20,000 figure but with this time its value will be stable and then the other coins will also move because when the demand rise for them the value become double and triple in the coming days.
We have seen that in the few days bitcoin shows a clear graph moving ahead and now bitcoin is traded $5,709 right now so almost it will hit 20k in the coming months may be in December of 2019.
hero member
Activity: 3038
Merit: 634
May 06, 2019, 05:38:10 PM
#35
We're going into cashless society and that article is really interesting. The points that it has given on how we'll shift into that moment pointing out the changes and upgrade that countries and institutions are doing.

People are looking to the current price of bitcoin and its still intact with the past bear market. They don't consider on how it is possible for bitcoin to move gradually back to the top and never look at its scarcity.
member
Activity: 616
Merit: 12
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May 06, 2019, 05:31:52 PM
#34
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/

This will actually be very difficult to predict, given that when bitcoin is experiencing a correction, it is quite severely affected by altcoins, most likely in Q3 2020 or Q2 2021 it may be close to that

hero member
Activity: 2828
Merit: 518
May 06, 2019, 05:23:34 PM
#33
We should stop trying to predict bitcoin price and focus more on getting it adopted worldwide. If we make bitcoin adoption our number one priority, its price will get to $20,000 with so much ease and beyond.
Let the people communicate with their predictions cause they are just optimistic enough and giving them boosted. Even though there is only a small percentage that it will turn back into that price but we are still good, we are living already the to the community which has full of speculations.
legendary
Activity: 1596
Merit: 1011
May 06, 2019, 05:00:35 PM
#32
It's pretty hard to predict such things since the price could skyrocket in a few weeks to 10.000$ and from there continue very quickly to 20.000$. Personally I think it will take about a year or more for it to get there because I can't see the price being 20.000$ at the end of 2019 even tough that is not impossible. As I said before, anything big could happen in just a matter of weeks right when no one is expecting it and that's why it's always hard to predict when bitcoin is going to reach a certain price.
Yes, it is right that we are impossible to predict the price of bitcoin. very rapid price changes make the price of bitcoin very possible for a rapid decline and increase. we will never know what will happen because the change in the price of bitcoin is very easy. even the changes that occur can be so significant in just minutes. it can happen tomorrow, next Sunday, next month or next year. everything can happen so quickly and unexpectedly.
hero member
Activity: 1498
Merit: 596
May 06, 2019, 03:34:41 PM
#31
Every time when the price is growing, no matter how little, people start to dream about Bitcoin reaching 20000$ again. Yes, with Bitcoin is everything possible but still I don't like such exaggerated predictions. Look at the market, make some good analysis and make your predictions in some realistic framework. We still have very long way to 10000$ and 20000$ seems like utopia at the moment.
Oh come now, if you've been here for multiple cycles 20,000 is not some pipe dream and coming quickly. I'd be surprised if we not at 20k in under 2 years.
In 2 years I think it's pretty much possible to reach $20k, my target deadline is end of 2020 though. But if it doesn't reach within 2 years then I'll also be surprised.

I prefer long predictions over short unrealistic predictions. Just hoping for the best, more power to bitcoin. V
jr. member
Activity: 475
Merit: 1
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May 06, 2019, 03:18:21 PM
#30
We should stop trying to predict bitcoin price and focus more on getting it adopted worldwide. If we make bitcoin adoption our number one priority, its price will get to $20,000 with so much ease and beyond.
member
Activity: 560
Merit: 10
May 06, 2019, 03:12:39 PM
#29
I see it difficult that we can reach those prices, but bitcoin already showed us in 2017 that it is possible! I think the fundamental factor will be the institutional capital, but I believe that for this year we will reach at least 10,000
sr. member
Activity: 254
Merit: 1258
May 06, 2019, 01:53:34 PM
#29
$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.
By the end of 2021, we may see a bitcoin price of $ 20,000. However, we may not see the price of 100,000 dollars for a very long time or not at all. Even if the cryptocurrency will continue to develop well and enter our lives, at the same time it is necessary for Bitcoin to maintain its competitiveness. Now we can not say that Bitcoin fully meets the criteria of the leader of cryptocurrency. New coins and tokens are developing very quickly, which cannot be said about Bitcoin itself.
Oh the ole a fool and his money, new coins and tokens have already proven to be shit and distractions to Bitcoin. It's all lies and chest pounding about tech x here and x corporate tie in and nothing ever happens.
member
Activity: 574
Merit: 12
May 06, 2019, 02:58:06 PM
#28
Bitcoin is definitely on its way to $20,000 but i don't think its happening as soon as we expect. Bitcoin adoption is really slow and we really need massive adoption for us to achieve what we expect. Bitcoin will definitely move to $20,000 but no one knows when this will be. Can be sooner or later.
hero member
Activity: 1414
Merit: 516
May 06, 2019, 02:35:42 PM
#27
20,000$ is not close yet, i think this will happen only next year before halving, and bitcoin will value more because is limited supply and the demand is high. I think next year will be possible a new ATH.
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