This looks like it may take some time before it happens again. I used to believe that "since we did it once, we can do it again" type of mentality and I still think that bitcoin will "eventually" be 20k in the end but I do not believe it will be quickly anymore. It has already been over 2 years now, so we can say that it already didn't happen quickly.
What we need to focus is how we could go above 10k without dropping back up very quickly. Since, those 20k peak times we dropped under 10k, and ever since that moment whenever we go above 10k we crashed under very quickly. There is this limit at 10k when we pass everyone starts to sell and we drop. Even when we broke over 14k last year we still went under very quickly to 7k levels as well. So, my new aim is not even 20k, it is about sustaining above 10k levels.
Topic: Will Bitcoin ever be 20K USD again? (Read 642 times)
We’ll see $20,000 in 2021, I’m very confident about that, just have some patience. The halving has just passed, the reduction in new coins mined will eventually have a positive effect on the price.
Why or why not?
Yes. Of course, yes. For those who say no one knows, they should know that Bitcoin is just a tadpole to a frog, a caterpillar to a butterfly. If it happened in the past, it is bound to happen again.
If $20,000 happened from $0, it will happen again and much easier from $9,000.
Probably, it will not happen in a short time, but I believe that will happens in a long time.
If people still don't believe in bitcoin, they will look by themselves, and they will regret it.
I am glad to see the price now can break $9,300, and seems, the price will still increase to $9,500 soon.
Why or why not?
Yes. Of course, yes. For those who say no one knows, they should know that Bitcoin is just a tadpole to a frog, a caterpillar to a butterfly. If it happened in the past, it is bound to happen again.
If $20,000 happened from $0, it will happen again and much easier from $9,000.
Why or why not?
Because it happened in the past so why not again?Bitcoin is getting more and more attention when days passes if it gets adopted as a payment then surely it is going to reach more high than we are expecting.
sounds easy and achievable eh ? but why btc was still at under 10k usd and now its droping even more again . the longer this happen the more the chance i think like the op . there are happenings on the past didnt happen again on the future , i have alot of coins that perfect for this example . maybe this applies to btc too but that was still okay . i dont ask for 20k usd either but seeing price return to 10k usd and seeing it sitting on there can already bring satisfaction to most of us
The price is quite stable at $9K right now, I guess that is fine.
We don't know when will be the price of Bitcoin reaching another ATH, no one can really tell, we can predict though. Since a lot of countries are suffering right now because of the pandemic, I guess we might see next year another ATH. Or maybe it will be next month, or the next one. All we know is that it has the possibility to reach that we just don't know when.
it's just that, the potential for bitcoin is now greater than ever before. however, I am pretty sure the price of bitcoin can approach the old ATH this year. however, the clarity that the price of bitcoin stands at $ 9k is really very clear. I believe that beginning of June the price of bitcoin will start to rise again.We don't know when will be the price of Bitcoin reaching another ATH, no one can really tell, we can predict though. Since a lot of countries are suffering right now because of the pandemic, I guess we might see next year another ATH. Or maybe it will be next month, or the next one. All we know is that it has the possibility to reach that we just don't know when.
We will be seeing that depending on the movement next month.
It is like nothing really changed after the halving but it is better than it will just dump, right? Since the price right now is going back and forth at $8K and $9K, I guess it might stay that way this month. Next month, I guess we could see some movements, dump or pump we will jus wait since I know that the effect of halving is not always sudden after.
Next month? Its early to say that while the current month is ending and still we are still almost at half of the price, maybe we can tell on what will be the price to come by 4th quarter of this year since if something good changes coming every month then provably a $20,000 is possible to see by us. But I'm curious on what will happen next month since I'm curious to know if we can see above $10,000 price.
The price is quite stable at $9K right now, I guess that is fine.
We don't know when will be the price of Bitcoin reaching another ATH, no one can really tell, we can predict though. Since a lot of countries are suffering right now because of the pandemic, I guess we might see next year another ATH. Or maybe it will be next month, or the next one. All we know is that it has the possibility to reach that we just don't know when.
it's just that, the potential for bitcoin is now greater than ever before. however, I am pretty sure the price of bitcoin can approach the old ATH this year. however, the clarity that the price of bitcoin stands at $ 9k is really very clear. I believe that beginning of June the price of bitcoin will start to rise again.We don't know when will be the price of Bitcoin reaching another ATH, no one can really tell, we can predict though. Since a lot of countries are suffering right now because of the pandemic, I guess we might see next year another ATH. Or maybe it will be next month, or the next one. All we know is that it has the possibility to reach that we just don't know when.
We will be seeing that depending on the movement next month.
It is like nothing really changed after the halving but it is better than it will just dump, right? Since the price right now is going back and forth at $8K and $9K, I guess it might stay that way this month. Next month, I guess we could see some movements, dump or pump we will jus wait since I know that the effect of halving is not always sudden after.
Why or why not?
Because it happened in the past so why not again?Bitcoin is getting more and more attention when days passes if it gets adopted as a payment then surely it is going to reach more high than we are expecting.
Let us not look for Bitcoin as an investment all of the time but lets find it as a currency that needs to be use and circulate.
The answer to this question lies within Dollar not BTC so much, despite appearances the Dollar is the more changeable of the two and has no set protocol or rules. That is the opposite of what the vast majority of the world believes, its also why its subject to such a great change. Now BTC doesn't have to succeed but of the two options I would bet 20k does happen again and higher and its more probable then the alternate choice of never again, I think the odds are above 50% and its not a silly bet to make. Hence people should have at least a slight bias long term to long BTC over time.
Why or why not?
Because it happened in the past so why not again?Bitcoin is getting more and more attention when days passes if it gets adopted as a payment then surely it is going to reach more high than we are expecting.
sounds easy and achievable eh ? but why btc was still at under 10k usd and now its droping even more again . the longer this happen the more the chance i think like the op . there are happenings on the past didnt happen again on the future , i have alot of coins that perfect for this example . maybe this applies to btc too but that was still okay . i dont ask for 20k usd either but seeing price return to 10k usd and seeing it sitting on there can already bring satisfaction to most of us
Why or why not?
Because it happened in the past so why not again?Bitcoin is getting more and more attention when days passes if it gets adopted as a payment then surely it is going to reach more high than we are expecting.
Why or why not?
in order for the bitcoin price to reach $20,000 it is necessary that there is a lot of demand. the demand we saw in December 2017 was due to the fact that many people were interested in the ICOs that predicted high returns, of course there were ICOs that really gave high returns and there were other factors like the hard fork and the entry of Futures, people looked at this opportunity to invest a lot of money in this market. In order to have something similar it will be necessary for many wealthy people to start looking at bitcoin as a good investment and it will take time
After the ICO ended, the demand for the market also declined and unlike in December 2017, even now the IEO that has been a lot of success cannot return the demand like ICO used to have bitcoin reached $ 20,000.
Now we can see the fact that demand is getting smaller and even old investors are now turning to others like the property business and so on, therefore the price will not make up for $ 20,000 if conditions are still like this it will be difficult too if you continue to see the market moving slowly.
Indeed, it is not possible to return to 20k at this time, but if this scenario is the same as before then it is very likely that in 2021 the crypto season will come and if it does, at least 20k will definitely pass.
Bitcoin price is always unexpected that's why no one could tell the future price exactly.
Uncertainty surely is the bitcoin business. After getting to $10,000 last week, the price has dropped back to $8,867 today. This is the time for a possible buy because it might be a correction that has been speculated after it has a stop in $10,000.
The fact is no one in this entire forum knows what will happen in near future, one thing you need to understand is crypto is a long-term asset if you want to make short-term money it's very very risky.
Also price will increase only if there's demand else it might be in stable or it will go down, however if you have Invested in BTC just hold it till your expectation is met..
Also price will increase only if there's demand else it might be in stable or it will go down, however if you have Invested in BTC just hold it till your expectation is met..
Why or why not?
in order for the bitcoin price to reach $20,000 it is necessary that there is a lot of demand. the demand we saw in December 2017 was due to the fact that many people were interested in the ICOs that predicted high returns, of course there were ICOs that really gave high returns and there were other factors like the hard fork and the entry of Futures, people looked at this opportunity to invest a lot of money in this market. In order to have something similar it will be necessary for many wealthy people to start looking at bitcoin as a good investment and it will take time
After the ICO ended, the demand for the market also declined and unlike in December 2017, even now the IEO that has been a lot of success cannot return the demand like ICO used to have bitcoin reached $ 20,000.
Now we can see the fact that demand is getting smaller and even old investors are now turning to others like the property business and so on, therefore the price will not make up for $ 20,000 if conditions are still like this it will be difficult too if you continue to see the market moving slowly.
I think that we should not expect such a price increase in the near future. The world situation does not contribute to this price increase. However, no one can know for sure. At any moment something that no one expects can happen.
No problem if we expect that price at this time because that will give us hope to see the price will increase to that price. Although we don't know when the price will get back to that price, we can wait for the coming, and we can try to buy more and more bitcoin. But I believe that the bitcoin price will reach that price, no matter if that will happen shortly or in the future. 
I think that we should not expect such a price increase in the near future. The world situation does not contribute to this price increase. However, no one can know for sure. At any moment something that no one expects can happen.
We expect that price, it's in our vanes! It will happen one day, but for now, BTC is in a bear market, maybe a good opportunity for shorting, some people expect BTC to go to $5k once again. I don't know when we will see $20k again, but that will happen, just before that time we will experience many more drops and rises, don't let that to discourage you!
Why or why not?
in order for the bitcoin price to reach $20,000 it is necessary that there is a lot of demand. the demand we saw in December 2017 was due to the fact that many people were interested in the ICOs that predicted high returns, of course there were ICOs that really gave high returns and there were other factors like the hard fork and the entry of Futures, people looked at this opportunity to invest a lot of money in this market. In order to have something similar it will be necessary for many wealthy people to start looking at bitcoin as a good investment and it will take time
I think that we should not expect such a price increase in the near future. The world situation does not contribute to this price increase. However, no one can know for sure. At any moment something that no one expects can happen.
People are really expecting to see that price again but it's only lasted for a few weeks then what you saw after is a very hard drop. I don't like to wait for the peak to happen it's just that if I saw an opportunity to buy and invest I'll buy. We might see a bit bigger than 20k USD in the future, maybe? Who knows? Bitcoin price is always unexpected that's why no one could tell the future price exactly.
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