Topic: Is BTC can recover it's price 20k in this year? (Read 293 times)

Yes if you looking back the chart price of bitcoin compared to other years it has a similarity in price movement in the market so there's no reason that bitcoin will hit again the highest price in the market. I really hate to predict the price movement in the market because we know that the price of bitcoin is unpredictable. But we have a comparison to conclude the price and that is the price value last year.

It's more like a price correction then a "dump".
Bitcoin has been going up from 800$ to 6600$ during the last year( if we take in count exactly one year back from 7/4/2018.), which shows a really strong buy trend, if you are looking at the yearly chart you are going to see this trend.

As a long term investor I always make my price predictions with the yearly chart because I know that I am going to hold bitcoin for a long time,it's never so accurate but it helps me as it is something that I can believe.

I think this is possible, people think that Bitcoin will end soon or sooner, didnt they know ups and downs of the price is nature of its currenxy whixh also help for it to continuously increase, speculations sprout even a single pump, negativity affects a lot. I believe it will be 20000$ again and wait ofr the pump as they say it will start in mid year.

IMO it's impossible now to happen due to some whales that always manipulate the price and especially Fud's that always intimidate some holders in the market to panic sell, and as you see the price seems to collapse gradually back to cheapest price which is after fluctuation the price drop 11k then the price drop to 10k and next it drops again to 8k and now 6k , so for sure soon when it fluctuate again it will plunges below 6k .but I'm hoping it will happen. .

Well being an extremely volatile currency to invest in can only mean massive peaks and dips. Just as it was at 1k  just last year and it went from that up like 2000% in months means it has tge potential to do something sinilar again even if its not 2000% this time and maybe 1500% or something. Lets say it dips down to a minimum of 3k this year but then goes up 1500% which is less than last year when it was lower even, thats an easy $40k peak, but as we all should know, this isnt something predictable. However, i do believe “history repeats itself”. We will see this year

Hoping for the bets is no doubt a very good thing and that it can surely help you in having some better results as well. Bitcoin is very much capable of having a good market value and that it is just a matter of time. bitcoin will have a good market value soon and that we all will be able to have a greater profit than but for that we need to remain patient and we need to keep on holding our coins.

There is a huge possibility of gaining the same amount like last year did, though it will be much harder now to gain that price as we all know there are so many people and groups that wants to regulate bitcoin, also some government and their country dont want to have bitcoin on their place.
But who knows soon?

No, I do not think so. We were in a bubble and the sooner people realise it, the better it will be for them. Bitcoin went up from $1000 to $20000 on the basis of hype. Now we have corrected and it will take some real positive drivers for it to grow. Expect this to happen in years, not months.

I think the price will rise rapidly in Q2 2018 and then to the 20,000 $ barrier by the end of the year.
regulation of bitcoin is the main reason for this legendary decline(more than 50%) but much good news floating:

• low fee: Bitcoin fees are the cheapest for a long time
• LN: may be running, which will cause a rapid rise in price
• many good events: First IEEE Workshop on Blockchain Technologies and Applications & Blockchain Developer Conference 2018
• Price correction: after a long-term decline, the price must rise to stability point (8,000$ or 10,000$)

I'm sure Bitcoin's price will go back to $ 20,000 even more this year,
and the cause is the rarer its Bitcoin, the more and more miners,
the Bitcoin purchases by new investors is increasing and of course the Pump from Whale.

I dont see it happening this year. I think we will first find a bottom of this downtrend. then we will go sideways, and continue up.
I see new ath somwhere in 2020 to 2022

As per the previous yearly movements BTC has always reached a high at the year end. So hoping history would repeat itself, December 2018 may make this possible, or even much earlier also it can happen. I would say even we see it or even we may see further dip, but very soon we will see it rise again like as it does. Stick to BTC and cryptocurrencies.

The disadvantage of crypto is, its sudden drop and up. Fluctuations are happen from time to time and this is why Bitcoin has reached again with this value. Well, we already witness some impossible about the power of Bitcoin and I think we need to stick with that. Also, we are still in second quarter of the year and if you would only see the graph of crypto in previous years it is more likely the same. So, I am confident to say that it will reach again this year.

Last 2017 the same Quarter in the present bitcoin was fluctuating around 2K down to 1K USD see the difference in the present term? it sits around 6K plus now though it is not good as the all-time high 20K it maintains itself for that ranges of the price given by the fact that some factors are obviously affecting it negatively it manages to survive 7K USD is great compared to one thousand dollars and if you are a holder that manage to survive this far lucky for you 600% plus return of investments.

Although some people think that the price of Bitcoin is the result of manipulations performed by "whales", and maybe it is so to some extent, I strongly believe that the main factor here is the demand from people at large. There are around 100 million potential Bitcoin users willing to invest from $1,000 to $10,000 in BTC but restraining themselves from doing so seeing the negative publicity Bitcoin gets and ignoring the good news at the same time. It is in the nature of every human being to be over cautious about anything which is new. Yes, Bitcoin is still in its early phase of adoption. According to a research produced by the University of Cambridge, there were from 2.9 to 5.8 million unique Bitcoin users in 2017, which less than 0.1% of the World population. Of course it would be a bold statement to say that Bitcoin will be used by 100% of the World population in the foreseeable future, but it can be used by around 10% easily, and when that happens the demand will rise 100 times and hence the price. I'm not saying this will happen in 2018, but I'm pretty sure that when people will realize that none of the biggest crypto-market players, like China, South Korea, Singapore, Japan and the U.S., is going to ban Bitcoin the demand will start rising exponentially. I think this can happen in 3-5 months, so the BTC price can hit another all-time high this year.

I am willing to admit that the payment of tax liabilities could push down the prices of cryptocurrencies. But I'm not sure that US users can have such a huge impact on the price of cryptocurrencies. I think that the reason for the fall in prices is due to the fact that governments are increasing their pressure on users of cryptocurrencies and large capital is looking for a more anonymous place.

I think the end of the year is going to be a rapid rise again. In the event of a rapid rise, 20,000 levels are passed and 25,000 targets begin. If these levels are reached, I think we will see 40,000. Analyzes I make are likely to be in this direction, but in the opposite corner, because everyone is moving according to the past graphics. In the case of a reversed corner relative to past charts, no panic should occur and a new uptrend should begin. (Quantity estimates are based on USD.)

We are just on the second quarter of the year and we still have a long time before the year ends. The tax day on U.S is about to end, who knows if investor will pump bitcoin again after April 17. I really think the same pattern will happen on crypto this year and might even exceed it's ATH since more and more people and businesses are adapting crypto.

No Can it recover to $10.000? this year I am not sure about it. Actually bitcoin has never been $20.000, it was just a bubble for me so I never ask myself that if bitcoin reach $15.000 or $20.000 again.

$20000 is a large leap in price but not as large as the increase enjoyed last year. Perhaps a bit unrealistic to expect $20000 but hopefully an increase this year.

Recover? It ain't sick.

The price of bitcoin is not based on wishing. If you want to see a gain in valuation then YOU are going to have to do something. How many retailers have you spoken with about taking bitcoin? Are you buying stuff with your bitcoin of just trading it back and forth with fiat? Bitcoins price is just right for how it's being used. Want more? Do more.

Bitcoin is really unpredictable because of it's votality but since it almost reached that value before, I believe that it still has the potential. I look forward to a more successful year for bitcoin. I wish that it would repeat it's history to rise up again after it's downfall in the beginning of this year. Bitcoin has proven us a lot and we just have to trust it.

We couldn't even predict that it would happen in the first place, let alone, if it happens again and when. There is no actual way of predicting the price, anyone who tells you otherwise is just making up predictions in his head

It can and i have no doubt that it is going to recover. I am waiting for second part ıf the year for a new bullish run. As soon as they collect enough they will start to push it up again

i read from a post that say btc will reach $ 100k this year, but i personally rate this as difficult to realize, but if to reach above $ 20k, i think it is possible, because btc must break through the resistance in order to continue trend up

It was possible, Bitcoin will hit 20K USD this year or even surpass it. But nobody could tell when was the exact date, or what was the definite reason it will.

If you were comparing the last year performance of BTC, you will be astonish.

I'm sure that bitcoin will hit more than 20000$ in this year I predict that the value of it will hit 50000$ before the year ends even the market is unpredictable you will see it on the technical analysis and base on the movement of the bitcoin the bitcoin was getting the resistance to recover and to move forward.

I think it's a little difficult. It depends largely on whether there's a world of big event driven encryption. In the first half of last year, the Japanese government's policy on ICO's open encrypted currency stimulated a rapid community breakthrough, and it was expected to have such an event this year.

I believe that the cryptomarket will be subject to high volatility for another approximately 3-5 months, after which the cost of bitcoin will start to increase dramatically in the fourth quarter of 2018. The cost of Bitcoin will increase to 40 thousand dollars by the end of 2018, and 90% of Altcoins depreciates as most of them have no prospects for development.

The bitcoin has dropped significantly faster compared to how it was rising, My personal thought on the question is that bitcoin will rise back to 20k or even more but not this year.
 
But can you explain what you mean by this?

I hope so but in the case right now, there is no tendency that the price will fluctuate around 20K USD. I think that the crash will continuously move until the Q4 and the price will not recover anymore.
Anyway, we are just at the beginning of the year 2018 and a lot of things may change whether it will surge or decline. But whatever will be the result, I will buy and hold bitcoins!

Even though the senior members can't predict the bitcoin prices because we don't have power to see the future.But price dump is normally happened with bitcoin in the past too and recovered itself sooner or later,so hopefully that will happen this year also.Don't confuse too much lets HODL together.

I see this gappening since from 7000$ last mid year it pumps into 10000$ plus. Due to the news that has been spread worldwide that sooner banks will acquire Bitcoin as partnof their system ,demand for Bitcoin will increase and of course same with the price, we should all be ready for it to come and work hard as of now, so you can have a double amount of profit.

"Lets think about the today's price brother then we can talk about its prices reaching to 2017's ATH"

We know very well that bitcoin is not on the easier path of development. There will always be the FUD's, political pressure , government pressure and all kinds of bad stuff mostly will kill the bitcoin at various stages. Many times this restricts the bitcoin getting spiked and thus drops it down to low world.

There is no way we can surely state the answer for this question and also there will never be an answer - the true one.

Why you ask to sr. Member only? it's mean a legendary and full member to newbie it's not allowed to answer your question. I guess sr. Member or hero member whatever you want there's nobody know about bitcoin price in the future. But to touch price $20.000 again it's easy for bitcoin, with a note the country will accept bitcoin. If someone who know the price bitcoin he will be rich in this world. What's matter for you if bitcoin price back to $20.000? Just keep reading the latest information or news because from that bitcoin will fall and will up.

This is hard to say. bitcoin prices will definitely return to 20k, and even higher, but this year it's hard to say. The current price is very volatile.Prices may be lower this year

No one can predict accurately what will happened so you can't get an answer here or elsewhere. Just look at 2017 performance, did anyone even knows that from $1,000 price level it will reached around closed to $20,000? So if we look at today's price, we are in $6,000+ price so just do the comparison to give you some insights although it's just a reference and not an assurance that reaching $20,000 will happened this year.

What's your goal? Do you have an active hold bitcoins? If your sole purpose "for now" is to just hold then just do it no matter where the price should go. Also it doesn't matter if $20,000 value will not reached this year as long as it has always possibility to reached.

Hello
I am here asking to know about future value of btc to senior member..day by day btc price getting lower so now I am in confusion it can recover it's 20k price or not..
wanting valuable comment about this
Thank you