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Topic: Will Bitcoin price reaches $20.000 this year? - page 3. (Read 592 times)

hero member
Activity: 1148
Merit: 527
Stop focusing on that damned $20,000 level. It was hype and speculation having lead to the market reaching these levels. If Bitcoin doesn't reflect being worth that value, why should it go up there? The only solid bullish triggers to see the price increase significantly are LN being no longer in beta, or some financial instruments backed by actual coin supply. Till that time keep your expectations on the lower side.

I am happy with current market, where unlike other greedy people here, aren't looking for yet another empty bull run ending in the same manner, and that while knowing that it is quite profitable to act in such scenario. What we need currently is a slow but steady increase that's maintainable, and it seems that we are building on that right now. If we close the end of the year at any level above $10,000 we have done well.
In fact, if we roll like this for the rest of the year, I would not mind anyway, as it would just give chance to keep accumulating for the future instead of just some unnecessary FOMO rush in that greed ushered in last year. Anyone who is not patient enough for the market to grow steadily with respect to demand no matter how long it takes should not even be here. At least if there would be a demand, there should be a whole reason for that.
sr. member
Activity: 560
Merit: 257
I doubt it can reach that height this year, tho some people believe it could. In time... probably it could and will, but hype that lead to such price rising was really strong. I doubt another hype like that could happen this year, but there are other things that could lead to price rising so... At least its not impossible right.

When we think about bitcoin price in the future we must always believe that everything is possible, last year was great year and if we don't see some huge rise this year it will be happen in next year. What can lead to price rise ask yourself, and you have all the answers around. Where bitcoin was two years ago, where it is now, where will be in  next two years? Its progressing, going forward and backward, but look prices in every April before this year? Bitcoin made a good run, will it continue to do that, its very possible! For now I give bitcoin 50-50 chances to recover previous ath in this year, I will rethink about this odds in month.

Everything IS possible, there is no doubt about that. But sometimes things just doesn't work as we wanted, no matter how much we wanted and no matter how much we were positively feeling. At the end we all face the reality one way or another. But if Bitcoin survive all that is going on atm (and I totally believe it will), I guess in time its value can only rise. Looking back on its price in every April brings hope, but it proves nothing. Different things could occur this time. But even if bitcoins doesn't reach $20k again this year or any other, I agree that it was a good run like you said. All of us will rethink odds in month or so.  Wink
member
Activity: 252
Merit: 11
As it was said many times, bitcoin price is unpredictable. We can only guess, and my guess is "no". Bitcoin may rise to $20k in 2019, but we would be lucky to return to $10k in 2018.

I agree to this. We will be lucky if we reach 10k again soon (other then in a bull trap). We seem to be in a downtrend and it's not over yet. We haven't seen the consolidation yet. After we have 3-4 months of stability at a certain level (be it 6k, 5k or even 2k) then we can talk of breakouts (in any direction). Everything else are just bull traps. The direction WILL NOT change before the following are true: a consolidation was reached to determine "true" value AND some positive news change the trend.

Also my hunch is there will be plenty of bad news ahead, more regulation and technological failures. With 2017's adoption come noobs and security problems. A new mgox may be close. Also don't forget what happened in december when fees made BTC unsualble for any real payments and the transaction backlog had half a million unconfirmed transactions in it. The scalability problem hasn't been solved and we are orders of magnitudes away from the speeds/costs of Visa.

I'm really sorry for all the people that bought at ATH, your money is most likely lost (unless you are willing to wait it out for several years). I've warned people of this in december and like everybody else that was not super hyped we were called FUDers and crazy people.
full member
Activity: 336
Merit: 102
As it was said many times, bitcoin price is unpredictable. We can only guess, and my guess is "no". Bitcoin may rise to $20k in 2019, but we would be lucky to return to $10k in 2018.
hero member
Activity: 2660
Merit: 551
I see that that Bitcoin price is slowly going up again: Bitcoin price

I am wondering if Bitcoin price will reach $20.000 this year?

Without a trigger, it is not going to happen this year. The basics are still strong, and the user-base continue to grow. But that alone is not enough. If one of the Bitcoin ETFs get approval from NASDAQ or NYSE, then it can act as a trigger.

Right, we need something to spark the investors to renewed their interest on the market again so that we can see bitcoin making a break out and pick up. But the question is what could be that trigger? We have seen that the G20 outcome has very minimal effect, although its really very positive.

Can Lightning Network really be the one that we are all been waiting for? I guess the devs are really testing it on mainnet to be sure that its working as designed. Or maybe a new nation will adopt bitcoin, just like when Japan enters the picture, suddenly the landscape has changed.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
I see that that Bitcoin price is slowly going up again: Bitcoin price

I am wondering if Bitcoin price will reach $20.000 this year?

Without a trigger, it is not going to happen this year. The basics are still strong, and the user-base continue to grow. But that alone is not enough. If one of the Bitcoin ETFs get approval from NASDAQ or NYSE, then it can act as a trigger.
hero member
Activity: 2632
Merit: 833
We can't really say if we are going to see bitcoin hits $20K this year because of so much factor. For one, the interest amongst investors started to go down as well, they somewhat lost interest. And second their is a crackdown globally, that's why we are having a hard time to see the price goes to where we want it to be. With that said, its still 50/50 for me, will be very happy to see $20K touch again, but I would be disappoint if its not because I'm going to be a long term holder this year.
hero member
Activity: 770
Merit: 505
Eloncoin.org - Mars, here we come!
I see that that Bitcoin price is slowly going up again: Bitcoin price

I am wondering if Bitcoin price will reach $20.000 this year?

still posible in end year bitcoin price can incraese to 20k dollar
2017 bitcoin price is already to 20k dollar, so incraese to peak price again in 2018 still posible
legendary
Activity: 1806
Merit: 1521
I see that that Bitcoin price is slowly going up again: Bitcoin price

I am wondering if Bitcoin price will reach $20.000 this year?

I think that's extremely unlikely. We're below long term trends and moving averages that have acted as support for years. We broke the parabolic advance; the 2017 rally is over.

The market created lots of bagholders in the upper end of 2018's range. They will provide resistance for some time. The hype cycle is tangibly over too. This needs a long term consolidation before ramping up again.

Best case scenario: bull trap to $14,000-$16,000. Then more correction.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
I don’t know if we’ll see $20,000 by the end of 2018, probably doubtful but we’ll 100% see $20,000 in the next couple of years. I’ve got patience, have you?

Its really hard to tell right not if $20k is still possible this year, But yeah patience is what we need right now.
Let's not rush this good market, and stop putting too much pressure on bitcoin, let our time realize this good technology.
legendary
Activity: 3374
Merit: 3095
BTC price road to $80k
This year has a different graph of the price, unlike last year that the price continuously increases.

Bitcoin is unpredictable we don't know if the price could still reach near $20,000, but since bitcoin had experienced before with burst price increase and drop past years ago I think that bitcoin can reach $20,000 maybe this year. So, let us wait for this coming June or July if we can see any price movement change and reach $10,000 again expect that the price will continue to rise.

If no one will spread FUD or adding a new regulation that can affect the price value then the price of bitcoin continuously increases.

One of the reasons why the price decreases it's because of FUD that is why people are selling their bitcoin before the price drop and now they are using any well-known blogs and website they can easily spread FUD's.

So it's hard to know if the price can still reach $20,000 or not.
legendary
Activity: 3248
Merit: 1179
I doubt it can reach that height this year, tho some people believe it could. In time... probably it could and will, but hype that lead to such price rising was really strong. I doubt another hype like that could happen this year, but there are other things that could lead to price rising so... At least its not impossible right.

When we think about bitcoin price in the future we must always believe that everything is possible, last year was great year and if we don't see some huge rise this year it will be happen in next year. What can lead to price rise ask yourself, and you have all the answers around. Where bitcoin was two years ago, where it is now, where will be in  next two years? Its progressing, going forward and backward, but look prices in every April before this year? Bitcoin made a good run, will it continue to do that, its very possible! For now I give bitcoin 50-50 chances to recover previous ath in this year, I will rethink about this odds in month.
sr. member
Activity: 560
Merit: 257
I doubt it can reach that height this year, tho some people believe it could. In time... probably it could and will, but hype that lead to such price rising was really strong. I doubt another hype like that could happen this year, but there are other things that could lead to price rising so... At least its not impossible right.
full member
Activity: 364
Merit: 123
My opinion is probably not but there's no way of knowing what will happen with certainty, no one could foresee the price reaching 20k last year and it did. Right now most people's predictions are quite sensationalist, my expectation is more that the price is going to be fairly stable around the current price, perhaps with a slight steady increase towards $10k over the year.
member
Activity: 532
Merit: 13
If anyone can accurately give me the price of bitcoin this year then I am sure they can also give me the winning numbers on the next lottery.
full member
Activity: 291
Merit: 105
If we close the end of the year at any level above $10,000 we have done well.

Second this.

But seems we're going back to 1.5k - 2k.

https://www.tradingview.com/chart/BTCUSD/HIIQLGOd-Try-again/

shxtting my pants now.
Pffff. really?
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
I don’t know if we’ll see $20,000 by the end of 2018, probably doubtful but we’ll 100% see $20,000 in the next couple of years. I’ve got patience, have you?
jr. member
Activity: 97
Merit: 2
Stop focusing on that damned $20,000 level. It was hype and speculation

I totally agree that price only reached $20k because of too much hype/speculation and greed. I wouldn't mind if Bitcoin would reach it again, but it would have to be at par with its true value. At first I didn't believe about the bubble thing, looks like I was wrong.
sr. member
Activity: 686
Merit: 250
I see that that Bitcoin price is slowly going up again: Bitcoin price

I am wondering if Bitcoin price will reach $20.000 this year?
The possibility is there however it is something that is very unlikely the price is once again below 7000 dollars and there is not a reason for the price to go up that much, I know that we all like the possibility of obtaining great profits but I think that we need to be realistic that price is probably not going to be reached again until the next year and it may take even longer.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
I see that that Bitcoin price is slowly going up again: Bitcoin price

I am wondering if Bitcoin price will reach $20.000 this year?
Bitcoin price is unpredictable in end of this year because many experts are predict the future possibilities of Bitcoin but 50 percentage of the peoples are expecting more than 30k USD in this year at the same time 50 percent of the peoples are afraid in Bitcoin future. This will going to peak in end of the year so we must trust the Bitcoin.
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