Topic: Still think it can hit 20k !! be optimistic - page 6. (Read 1206 times)

Not looking good at all and no one is even sure where we are even headed at all from here. However, I feel we still have a lot of ways to go down lower and how the market will be playing out with respect to this is still something no one is so sure of yet, but I am not too optimistic in the short term.

However, for the long run, I am very much optimistic. However, there is no point be over assumptions as we still have a long time to go in this year, so let's see how things would turn out eventually.

$6k is not very far to $20k so it is still achievable. Just a little jump in price like reaching $10k then $14k is already attainable. I am just like you OP who is still very optimistic despite the downfall.

Yeah we are optimistic about the future of bitcoin price. Hope that it will reach again to $20k but it will take long time because now the price is normal and there is no pumps in the price. If you are patient and can hold your coins for long time then you will see big growth in the price in the far future. In the long run it may cross $20k.

I think it is your own opinion and there is no sign of such a huge growth in the price in the near future. In my opinion it will take long time to grow high and reach to this level. Otherwise if we look at the price today it is not increasing and day by day it is decreasing more and more. We can just hope of big pump in the price but the facts are different and we will have to accept that.

I really do not think that anything that extraordinary is needed to reach that price again, yes the market is not giving indications it is going to reach that price right now, but I do not mind I'm thinking in the long term and not in the short term, so as long as you are willing to be patient and hold your coins then seeing that price is inevitable the only problem is that I think that a majority of the users in this forum are going to see those prices and they are not going to have any bitcoin to benefit from it since they will sell before that.

I believe in such an outcome of events, but I also think that he will praise this bar not soon taking into account the present time

I think that predictions should be near to natural. If predictions are unnatural nobody will believe it, like this one. $20k is very high price and it will take long time to reach this level. The first highest level was not according to market cap and was unnatural. Now the growth is normal and there will be no high pumps in the price anymore.

Sure its possible to view this current price action as price consolidation.     Just speaking from observation over years of how the crowd interacts and reacts to price falls and rises, BTC is very hype driven.   So you have the phase now with so much doubt in there, we are still pulling back from that peak.

That doesnt mean we will always be in this kind of atmosphere where doubt is always apparent.  20k is possible, I wouldnt want to label exactly when but there is the basic conditions for it to occur.   The most certain factor is an ongoing weak dollar, that much is certain to play out and I could explain why but it relates to politics and the debt built up by government overtalking and overspending.  That will continue ad infinitum

The other main condition would be Bitcoin itself developing and continuing to improve in utility to its users globally.   That does tie to that failure of dollar to hold its value and a change to the old system of one national currency being used abroad.   Theres a good possibility for growth in Bitcoin and so far as I know that is occuring, the price is secondary to all these factors.

Should market flow once again favour a bias to buying over selling then it'll retrack its previous progress, more slowly is my estimate but theres no reason why it couldnt reach a previous peak if usage continues to increase.

I am also too much sure and hopeful that very soon it is going to happen, Although in current time bitcoin price is trading low, because of some bad news in market, but it will very soon recover its position when the investors will get confidence and will start investing money in bitcoin. I am hopeful that bitcoin bitcoin price will very soon reach to 20000$.

Well, every one of us is trying to be as optimistic as possible, but that does not mean we would not have to face the current reality anyway. However, I like the way you put it as to buying bitcoin now and that is someone who is smart enough to see the long term perspective and the opportunity of growth in the long run while making use of these dips as an opportunity to make some pretty good gain later on in the future.

$20000 will still come around one way or the other, since the market at some point will always want to make some moves towards previous ATHs anyway, so I guess we will have to see how things would be.

I am still optimistic that bitcoin will be able to reach 20k, this is only a temporary decline due to unstable market. I believe that over time the crypto market will change for the better and its value will increase.

Keep thinking positive with bitcoin, bitcoin will not give disappointment if we are patient in confidence. It's just a matter of time, bitcoin can definitely reach the price of 20k. Currently the bitcoin falls but the bitcoin still lets increase.

Thing aren't looking that good right now, BTC is down to 6700$, but patience will be rewarded. It doesn't have to hit 20k this year, maybe that's too optimistic right now but it will get to 20k eventually.

I am also very optimistic that bitcoin is going to get to $20,000 probably before the end of this year or first quarter of next year.  If you should buy bitcoin now is you are going to make over 300% if bitcoin get to $20,000 and above.  You should buy bitcoin when others are afraid to invest in it.

Yep. I still think and believe that Bitcoin can hit $20 and it will more doble of that price within this year end. Crypto currency market is always volatile and anything can happen at any time, it can reach the highest price in a single day or it can reach the lowest price in an hour. It depends on the demand and supply.

I do believe that it will. But we really can't blame those who are now doubting this expectation due to what we are experiencing at this moment. The market value is struggling below the 9k-mark which is really a problem. But for now, avoid selling. The profit loss is just partial and it is just the value which is dropping not the amount of holdings. Be patient and wait for things to be in favor for Bitcoin and to the market. Invest and hold to take advantage of the situation.

Everyone who are believing on bitcoins will earn a huge amount of profit because they just keep on holding their coins today, the price of bitcoins before was not expected to reach $20k dollar but the prediction had happened and that is the reason why we should believe.

Yeah, man, I am believing too. And I happy that I am not the only one who do. We all just need some patience and wait with all faith.

yes indeed that article says true because if ICO lack of interest then ETH price also will stuck because probably the demand for this coin will not very much again however being optimistic to see bitcoin price hit to $20k is very good but you should not only talk and you also should proof that you're supporting those coin with being an bag holders for bitcoin or ETH

We really can't blame those who are worried at this moment that the market value of Bitcoin will never again reach the 20k usd mark this year. The best thing to do is to not be influenced by those people and rather choose to invest and hold. There are still months remaining and the increase is in fact expected at the end of the year so chances are still alive.