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Topic: When Will Bitcoin Be Back To $20,000 ? - page 18. (Read 17834 times)

member
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Merit: 13
Killing Lightning Network with a 51% Ignore attack
When do you think Bitcoin will go back to the $20,000 mark and what factors do you think could contribute to making it happen sooner rather than later?

If we measure from the price peaks ,

~Nov 2013 to ~Dec 2017

So we are looking at 3½ to 4 years before the next Bull run.  Smiley

Price should drop to ~$3777 and languish there for 3 years.  Tongue



legendary
Activity: 2534
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I think with the recent trend reversal no one can say for sure when we can expect the bitcoin price to reach it's Ath again. But if by the year end we don't break this down trend than expect us to enter into a multi year bear phase. Lightning network being adopted at a faster speed might help in the Bitcoin price breaking out of this bear cycle.

It seems to be a yo-yo effect, like a merry-go-round as mentioned in my previous post. We need stability before anything else and after that the price will hopefully rise soon.
full member
Activity: 350
Merit: 100
Nobody can guess if the bitcoin price will be back at $20,000. But still hoping after the end of the year, all crypto currency price will be all recover.
newbie
Activity: 84
Merit: 0
We can not guess when will bitcoin have returned to $20,000 again since digital money is flighty. There have been numerous high points and low points in the estimation of bitcoin. We should HODL and don't dump extraordinarily now that bitcoin's esteem is down. For whatever length of time that there are individuals who include and put resources into cryptocurrency,bitcoin will dependably run and will continue developing.
newbie
Activity: 73
Merit: 0
This shows that Bitcoin will surely hit back on the $20K price and beyond and can even do so by the end of this year. Most of the projections and predictions of Bitcoin from crypto experts exceeds the $20K price mark, thus by 2020.  Also, if big companies accepts Bitcoin as medium of exchange, Bitcoin will rise sooner than we anticipate.
newbie
Activity: 80
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BTC is USD predictions for July 2021.
In the beginning price at 29903 Dollars. Maximum price $ 36781, minimum price $ 29903. The average for the month $ 32741. Bitcoin price forecast for the end of the month $ 34375, change for July 15.0%

How do you predict this price and what is the technical basis? I would love to know what your process of forecasting this price is? I think Bitcoin cannot return to that price of 2017 end within 2 years.
legendary
Activity: 2534
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I rely on Bitcoin potential in the next five years it can be a lot higher than 20K. But in the current stage it's like a carousel.
Who knows but I think at the end of year price will increase like always.

A carousel is a great analogy because it seems to be a lucky merry-go-round right now when it comes to picking a time to buy Bitcoin and then hope to sell Bitcoin to make a profit
sr. member
Activity: 686
Merit: 250
Bitcoin will return $ 20,000 or more, but it takes time. Bitcoin has risen to $ 1,400 and dropped to about $ 220. So it's likely that bitcoin will be back to the 1.5 x $ 20,000 price.
member
Activity: 251
Merit: 10
it seems that in the long term it can be December of this year or January 2019 what could make it rise like foam is a global financial crisis that would trigger prices to a higher level bitcoin has to recover from this fall so abruptly there are many people buying in the low where more is gained for when it goes up it is going to generate a good return of the investment
legendary
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I can say that $ 20.000 will not happen in this year but I believe it will happen on 2020 because I'm sure bitcoin popularity will reach another momentum to reach more investor.
As I'm hold most of my btc until 2020 , it's not easy way but I dare to take the risk !

If you made up your mind to hold until 2020 then the price fluctuations do not affect your thinking. Many people are not prepared to hold on until then and will sell when the market dictates appropriate terms for them.
GFE
full member
Activity: 336
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When do you think Bitcoin will go back to the $20,000 mark and what factors do you think could contribute to making it happen sooner rather than later?

I suppose that we need big news promotion concerning criptocurrency. Critpocurrency is very affected by news. So whales will pump up market with good news trend
legendary
Activity: 2534
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I don't think Bitcoin will reached 20k dollars after 5 years and i believe that bitcoin will pump again before year ends like the last year scenario, and Bitcoin after 5 YEARS will have a possible price of 50k dollars if ever but we don't know but I assume.

I disagree, with so many fluctuations in Bitcoin price and general crypto market there is nothing stopping Bitcoin hitting $50,000 next month and nothing stopping Bitcoin falling to $200 next month.

5 years is too far down the line to know what will happen.
newbie
Activity: 75
Merit: 0
We can hope for the best but we should do things that will save us from the fall occuring continuously. Bitcoin can still get back but no one is really sure when so we should just keep on supporting it no matter what happens.
jr. member
Activity: 55
Merit: 2
ELYSIAN | Pre-TGE 5.21.2018 | TGE 6.04.2018
First it needs to reach 10k again..I think that point could bring changes to the BTC. After that the motivation of BTC trade would be back.
full member
Activity: 315
Merit: 100
Investing in the future development of blockchain
When do you think Bitcoin will go back to the $20,000 mark and what factors do you think could contribute to making it happen sooner rather than later?

We don't know,  and actually I am reaching the point that I been getting dormant to work since scams, dump and delayed payments is facing everyone but this is a huge risk we have to endure this as we had to prove to ourselves that we have to work for more. I think the price will recover when the ber months is going to occur and I think we should be all ready for that since its very possible to happened soon.
legendary
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Next time! about 5 years or more! I think the price of Bitcoin up to $ 20,000 is also very scarce! But I trust the digital money market will grow back!
I think, this time is very good to be able to plan investment altcoin!

Why 5 years? Surely that is far too long for the market to correct itself, no?

If other investors thought it would take a minimum of 5 years then they would not invest.
sr. member
Activity: 756
Merit: 250
I think it will be back to 20k within 2 months.

in your opinion what will be the driving force to raise the price again?
What driving force, in your opinion, was in December last year, when bitcoin reached its maximum price? I think that this year everything will be like this.
member
Activity: 644
Merit: 10
COVIR.IO
When do you think Bitcoin will go back to the $20,000 mark and what factors do you think could contribute to making it happen sooner rather than later?

With market condition this moment, I think it will take a long more months to reach that price. Maybe in 2019 bitcoin can reach that price, but as we know no one can predict market movement, because no one know maybe bitcoin reach that price next month
legendary
Activity: 2534
Merit: 1713
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People are concerned about bitcoin's future. Especially people who entered to bitcoin in 18-20k dollars. They are trying to hang on but losing their patience and belief. I think this trend will continue until the end of 2018 may be 2019. When people decided to leave bitcoin totally, we'll see dip maybe 3-4k dollars and after that new ath.

Well there is a fear that it will drop to below the $500 mark, if that happens what will happen to the prices of Eth, Litecoin and XRP? What will happen to forks like Bitcoin Cash? Their prices might fall so low that they become more irrelevant than they already are.

If Bitcoin goes back to 2015 $200 prices then many coins in the altcoin market will not survive as they are already so low in price they will become worthless.

The volatility in price makes it too unpredicable but what remains the pattern is Bitcoin is king and everything else follows.
sr. member
Activity: 420
Merit: 250
It is still hard to predict and tell bitcoin will reach the $20k mark again this year although a lot is predicting it will come by the end of this year. I just think that if it does reach that amount back it will soon but if it doesnt, I will still have faith that it will reach that amount pretty soon.
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