Will Bitcoin price reaches $20.000 this year?

candolbitcoin214

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Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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?

Judging from the recent price uptrend movement it is very possible that it csn even surpass the 20k price value. Im speculating a 30k to 50k price increase this year!

Bagaji

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Well, as for me the focus should not be that whether Bitcoin value will reach $20,000 this year or not but what we all need do is to keep holding and spreading positive news about Bitcoin and crypto currency in general and in doing so the said amount will become the things past.

thecodebear

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Quote from: Sitipxz on April 13, 2018, 08:39:25 AM

Quote from: 1Referee on April 09, 2018, 03:57:09 AM

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.

You do realize that huge bull runs and giant crashes is how Bitcoin's market has always worked, right? Yes $20k was hype and speculation last year, just like $1k was hype and speculation in late 2013, and $200 was hype and speculation in Spring of 2013, and so on. People are very naturally focused on $20k because that is the all time high and when Bitcoin gets back up there from gradual growth it will signal its time for another bull run that will make $20k look like a clearance sale.

Just getting above $10k would not be doing well. Finished the year just above $10k means something went very wrong at some point during the year that made people run away from Bitcoin or afraid to buy in.

cryptobluemoon

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20 thousand dollars is first all time high for bitcoin most anticipated price for bitcoin once Bitcoin touch 20 K next price target is 40 k anticipated price expectations

Eternu

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Quote from: B4rk4d4 on April 26, 2018, 10:32:55 AM

There is an article that bitcoin will reach $25k within this year. And there is also a chsnce that it will reach $250k in 2022.
Read more in this link below.
Source: https://www.ccn.com/bitcoin-at-25000-price-is-headed-to-the-moon-analyst/

All that those so called experts are saying, is worth exactly nothing. They only say things like: it could, it might, there is possibility... and so on. I don't understand why people see it like its 100 percent accurate information, and that bitcoin will do what they say. Stop being blinded by so called experts. Instead do your own research and form your own views, those will be worth much more than those of "experts".

hynext

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If ever bitcoin may not reach $20,000 this year, I'm happy that bitcoin price nowadays are very drastic at $8,XXX and we hope prices never fallen. We are waiting until last month of this year if bitcoin price maybe rising or falling. But I believe that bitcoin may rise again and everyone will be happy on the outcome.

Fulmand

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Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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?

Definitely yes! and i believe that it has a very big possibility that it will surpass the 20k highest price of last Year december. The attacts of bitcoin early this year was a big blow and it was actually the reason why there has been a wide banning of bitcoin in different countries and even in the social media platforms but after March bitcoin has started to bounce back and proves that no matter how many negative attacts they will throw at it, it will continue to grow and it will continue to prove that bitcoin is very valuable in nowadays living and it needs to be integrated into our daily lives they cannot uproot it no matter what so instead of destroying it they will just find ways to intigrate and profit from it also. Same as the saying goes it you can't defeat it just make friends with it.

B4rk4d4

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There is an article that bitcoin will reach $25k within this year. And there is also a chsnce that it will reach $250k in 2022.
Read more in this link below.
Source: https://www.ccn.com/bitcoin-at-25000-price-is-headed-to-the-moon-analyst/

so98nn

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Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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 market is slowly recovering and prices are boosting and now the prices stand at $10000 so why not $20k within this year?The bull run seems to come back and btc will surely cross this landmark within this year and it has the potential to reach peak levels.The experts say that it will cross $30000-$50000 by 2020.

marcuslong

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Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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?

Yes i believed that this year bitcoin il become that price we knew that more poeple are showing more interest ro use bitcoin in their daily lives which they want to risk to earn profit than ever , many company now are using bitcoin also other store and business are accepting bitcoin there are 100% chance for bitcoin to increase its price by the month of june or july this is the reality because we are near to be mined all bitcoin.

Fulmand

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Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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?

Definitely yes! and i believe that it has a very big possibility that it will surpass the 20k highest price of last Year december. The attacts of bitcoin early this year was a big blow and it was actually the reason why there has been a wide banning of bitcoin in different countries and even in the social media platforms but after March bitcoin has started to bounce back and proves that no matter how many negative attacts they will throw at it, it will continue to grow and it will continue to prove that bitcoin is very valuable in nowadays living and it needs to be integrated into our daily lives they cannot uproot it no matter what so instead of destroying it they will just find ways to intigrate and profit from it also. Same as the saying goes it you can't defeat it just make friends with it.

rizkyhiw

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Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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?

Currently the price goes up, and back down.

No one knows exactly what will happen to the market later on.

newbie-hero

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Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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?

My friend, even the experts that are studying the charts from morning till night will never answer this question. I wish it would happen as I am holding some BTC.

Ararbermas

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Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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?

20k isn't impossible on this year, 'cause indeed every year end bitcoin always makes new ATH , unless if those whales, and etc didn't interrupt and manipulate the growth rate again .because that's the reasons and causes also why people panic selling and so on the price will collapse.

Kevin77

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Quote from: Eternu on April 22, 2018, 06:07:31 AM

Quote from: thecodebear on April 13, 2018, 08:06:03 AM

One thing to note about experts or professionals when it comes to Bitcoin is that there is no such thing. Professionals are just people in the financial industry making total guesses just like we are. Don't put any more weight behind a "professionals" opinion that you would behind some random guy's opinion from the internet, they are worth the same, which is to say, precisely nothing.

Because people knows very little about matter they are dealing with, they tend to turn to "professionals" for advice or information. Which in this case is wrong. Its just like you said, and I totally agree with your view. Every prediction from those so called professionals is nothing more than a speculation, same as that of normal trader. But we must not overlook those comments, because they can lead some people to wrong conclusion,
and their decisions could have negative/positive impact on bitcoins price. I guess that comments of professionals are inevitable, but people should try not giving them more weight just like you said. Also they should not make decisions based on those predictions alone.

The easiest way to deal with bitcoin most of the time is just to follow the trend and nothing else. You are right with those who call a lot of highs in the future like they can actually see the future.

This is the main reason why bitcoin has become a speculative asset more than a currency and if it is being used with the real value it has, I am very sure the value could have actually been a lot more than this. All the above, it is too early to start calling the top when we are still trying to find the way forward.

wuvdoll

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Quote from: Fuhre on April 24, 2018, 01:32:17 AM

bitcoin to date continues to show its good potential, prices slowly continue to grow and up and down in the range of $ 8000 - $ 9000. prices need to call at $ 9300 to create new resistance and move on to $ 10,000.
the end of the year we will soon pick up the price of $ 20,000, if in the near future we can penetrate the price at $ 10,000 easily.

Yeah, and it will keep showing that great potential as we move on in the future. I am expecting a whole lot more for bitcoin in the long run and I so much believe that as things are going and with some good pace without any bear disrupting us for a huge downward movement, $20k is actually a very realistic one at the end of the year and I do not see any problem with that. However, we still have to be ready to see how things really turn out though since we have nothing but time to tell us exactly what happens eventually.

Fuhre

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bitcoin to date continues to show its good potential, prices slowly continue to grow and up and down in the range of $ 8000 - $ 9000. prices need to call at $ 9300 to create new resistance and move on to $ 10,000.
the end of the year we will soon pick up the price of $ 20,000, if in the near future we can penetrate the price at $ 10,000 easily.

Eternu

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Quote from: thecodebear on April 13, 2018, 08:06:03 AM

One thing to note about experts or professionals when it comes to Bitcoin is that there is no such thing. Professionals are just people in the financial industry making total guesses just like we are. Don't put any more weight behind a "professionals" opinion that you would behind some random guy's opinion from the internet, they are worth the same, which is to say, precisely nothing.

Because people knows very little about matter they are dealing with, they tend to turn to "professionals" for advice or information. Which in this case is wrong. Its just like you said, and I totally agree with your view. Every prediction from those so called professionals is nothing more than a speculation, same as that of normal trader. But we must not overlook those comments, because they can lead some people to wrong conclusion,
and their decisions could have negative/positive impact on bitcoins price. I guess that comments of professionals are inevitable, but people should try not giving them more weight just like you said. Also they should not make decisions based on those predictions alone.

aeternus

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Quote from: samcrypto on April 09, 2018, 06:40:00 PM

Quote from: LFC_Bitcoin on April 09, 2018, 10:44:41 AM

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.

No one knows what is going to happen exactly but with the current information that we have and by what we can see of the market we need to be honest, reaching 20000 dollars is going to be very difficult, it is still possible at this point in time because there are still many months left but unless something very positive happens the chances of seeing that price that soon are very low.

thecodebear

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The FOMO will start when Bitcoin heads back to the mid-teens area (above the $12k price it failed to break a couple times in Feb/March). By maybe this summer when people realize they could have already doubled their money if they had bought at the bottom recently when the media was telling them this was the end for Bitcoin, that's when the 2017 weak hands new money realizes this isn't just gonna disappear. That's when FOMO starts. When Bitcoin breaks $20k, in the next 6-12 months, people are gonna go crazy again with FOMO again because the onslaught of naysayers crowding the airwaves will once again have been proven wrong in front of the world and we'll have the tens of millions of people who first bought bitcoin in 2017 realizing they were actually right all along, this will probably bring in a couple hundred million people in the next bull run.

So while $20k would be a nice recovery for this year, it's a stepping stone for the start of the next boom.

Sitipxz

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Quote from: 1Referee on April 09, 2018, 03:57:09 AM

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.

Kingofbitcoin12345

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There is no other way,, but up..

So it’s started now from a two day increases that was literally slow,, but overall a retribution from the market investors..

A 20000$ is an easy target for it,, as it was already been achieved last year.. My predictions is greater and higher than that price as I’ve heard continuous positive news about adaptation..

Those who always rely on speculative view that is negatively impact will suffer and can’t ride this bull run..

thecodebear

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Quote from: atjiat on April 12, 2018, 02:34:06 PM

Quote from: Zlatna Kopa4ka on April 11, 2018, 03:49:52 PM

Personally I don't see it reaching $20.000 this year. Maybe something close to that, but if its better than at what its currently standing, I would have to say that that's not bad at all. I read a good comment on this topic, don't focus on the $20.000 mark, focus on bigger things, if you're money is returned at least, or maybe you're in profit, then its good. As I said I don't see it reaching $20.000, maybe, but not in this universe.

many professionals have already expressed their opinion about the fact that by the end of 2018 Bitcoin may not rise even above 11,000 dollars. So this year we will see only a slight increase, And maybe even a complete calm on the market.

One thing to note about experts or professionals when it comes to Bitcoin is that there is no such thing. Professionals are just people in the financial industry making total guesses just like we are. Don't put any more weight behind a "professionals" opinion that you would behind some random guy's opinion from the internet, they are worth the same, which is to say, precisely nothing.

Many so called professionals also say bitcoin is going to zero, which is absurd. Or they say Bitcoin is still in a bubble and heading back down to $1000 or so, which is also absurd if you know anything about bitcoin. My opinion (also worthless) is that we've reached the bottom and will be back over $10k at least by the summer and will probably be pushing $20k by end of the year. And 2019 will be another boom year and the fundamentals of Bitcoin will have changed a bit to support much higher adoption with the adoption of segwit and likely LN building up steam by then, plus Coinbase having at least a couple mainstream competitors which it didn't have in 2017's boom period, plus institutional investors are absolutely going to get in on bitcoin during the next rise as they no doubt wish they had gotten in a year ago at the start of the last rise.

atjiat

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Quote from: Zlatna Kopa4ka on April 11, 2018, 03:49:52 PM

Personally I don't see it reaching $20.000 this year. Maybe something close to that, but if its better than at what its currently standing, I would have to say that that's not bad at all. I read a good comment on this topic, don't focus on the $20.000 mark, focus on bigger things, if you're money is returned at least, or maybe you're in profit, then its good. As I said I don't see it reaching $20.000, maybe, but not in this universe.

many professionals have already expressed their opinion about the fact that by the end of 2018 Bitcoin may not rise even above 11,000 dollars. So this year we will see only a slight increase, And maybe even a complete calm on the market.

thecodebear

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It seems over the past couple weeks Bitcoin has reached its bottom. The past few months volatility was huge with huge drops and big recoveries, while searching for where the bottom of the market is. Now that it has settled at the bottom of the market in the 6000s/7000s the volatility has dropped a ton. It'll probably be a slow shift to moving back up, but we'll likely see $10k by the end of the spring and $20k in the Fall, leading into the next bull run in 2019 (probably shooting up to $50k-$100k).

Yes I think we'll see $20k again this year, though likely near the end of the year and it might even take until early next year, but certainly in the next 6-12 months.

The shift from bear to bull market has begun.

Ultegra134

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Quote from: 1Referee on April 09, 2018, 03:57:09 AM

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.

People got extremely hyped up in 2017 with Bitcoin reaching that all time high, thus, people keep focusing on just it being surpassed, which is obviously wrong. I do also doubt that 2018 will be the year of "surprises", that was 2017, it won't happen again, twice in a row. I will be happy if we even manage to surpass $10.000 within this year, after such a volatile market, it would be a blessing.

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Quote from: EdenHazard on April 12, 2018, 03:00:32 AM

Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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?

Why do you expect bitcoin prices to end up $ 20,000 this year? That's a small expectation, when we have a hope don't make a hope something small, it's not forbidden to price more than $ 20,000 like $ 100,000 or $ 200,000 it's hope, right?

For a wish, we don't need to talk about data and price movements. Because the real effect that makes bitcoin prices rise based on news, not data. Let's see, six months to the end of 2018 there will be regulation that accept cryptocurrency and make the price higher, hope!

Lol yeah you're right dude, if you're simply going to wish for a price, might as well take a long shot Cheesy

we may see if it can go to thise levels probably after the 2nd quarter or late 3rd quarter of this year. Thr price is currently moving upwards but i think there are still a lot to hurdle in the next few months

EdenHazard

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Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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?

Why do you expect bitcoin prices to end up $ 20,000 this year? That's a small expectation, when we have a hope don't make a hope something small, it's not forbidden to price more than $ 20,000 like $ 100,000 or $ 200,000 it's hope, right?

For a wish, we don't need to talk about data and price movements. Because the real effect that makes bitcoin prices rise based on news, not data. Let's see, six months to the end of 2018 there will be regulation that accept cryptocurrency and make the price higher, hope!

el kaka22

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Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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 reason why we have what we have now is because people are just so greedy expecting a very huge value for nothing and thinking of how they are just going to get rich quick. Nothing drove that demand last year except for fomo, if a real demand gets it there, good and well, but trying to speculate and imagine what the future holds is the reason a lot of people make a huge investment mistake. No one knows where the market is going, but as an investor, do not expect too much in the short term.

Quote from: BUK2016 on April 11, 2018, 02:08:47 PM

Well, it is a possibility that is bound to happen and may not happen at all before we see the end of December this year. Although, I am optimistic that if it can happen last year I see no reason why it will not happen before end of this year.

No, you may see some big surprises till this December with respect to bitcoin price levels as per few positive news on various developments we did hear in recent times. $20k DEFINITELY POSSIBLE within this year because market already started showing sustaining symptoms for that.

Zlatna Kopa4ka

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Personally I don't see it reaching $20.000 this year. Maybe something close to that, but if its better than at what its currently standing, I would have to say that that's not bad at all. I read a good comment on this topic, don't focus on the $20.000 mark, focus on bigger things, if you're money is returned at least, or maybe you're in profit, then its good. As I said I don't see it reaching $20.000, maybe, but not in this universe.

Slow death

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Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

I see that that Bitcoin price is slowly going up again: Bitcoin price

seems to have frozen in the area of $6500 to $7300, should be waiting for some good news to raise the price

Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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

according to the pinion of many analysts, yes will reach this price and I am hopeful that we reach this price at the end of the year, but of course we have to avoid being too anxious and we have to be patient here and patience, if we do not reach that price in December we can achieve in the future, is just as we have to think

Quote from: aardvark15 on April 11, 2018, 02:08:58 PM

It’s probably not going to happen this year. I base that on the fact that we are in mid April and the price of Bitcoin is under $7000 with no clear sign that it has reached the bottom.

last year we were in the $1000 and we reached the $20.000, so everything is possible

aardvark15

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It’s probably not going to happen this year. I base that on the fact that we are in mid April and the price of Bitcoin is under $7000 with no clear sign that it has reached the bottom. Even if the price has bottomed out, the recovery could be slow. I don’t think the price will suddenly spike back to $20,000 quickly. The crash scared away a lot of the weaker and less experienced investors that were driving the price up.

BUK2016

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Well, it is a possibility that is bound to happen and may not happen at all before we see the end of December this year. Although, I am optimistic that if it can happen last year I see no reason why it will not happen before end of this year.

eagleman

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Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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

Yes, trust bitcoin and be optimistic all the time. Don't let yourself be down by different negative speculations. Stick to your plans by not looking at the charts everyday, give bitcoin enough space for recovery.

Quote from: DaMut on April 11, 2018, 07:53:45 AM

Halving season will not change the price significantly,cryptocurrency always work this way;

The last halving gave nice price but it doesn't took the effect immediately.

Quote from: A1exander on April 10, 2018, 04:21:45 AM

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.

It's fine to say that it can't go back to $20,000 for this year and what you said is what makes bitcoin possible to get back to that price, it's unpredictable and loves to surprise. I hope that surprise will be positive for the next months.

BrewMaster

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Quote from: DaMut on April 11, 2018, 07:53:45 AM

Quote from: lumeire on April 11, 2018, 07:47:35 AM

Quote from: djpitagora on April 10, 2018, 04:45:37 AM

Quote from: A1exander on April 10, 2018, 04:21:45 AM

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.

~snip~

While your analysis has some good points I'd like to point out to the fact that the next halving is like just 2 years away, so we could expect 2019 to be a recovery year, with emphasis on people stocking up for the expected bull market come the next halving season. That is, if there's no big news in the coming months that would severely depreciate the market.

Nope,
Halving season will not change the price significantly,cryptocurrency always work this way;
buy on rumour and sell it on news
which mean a year or months before the halving,Bitcoin will gets a significant rise in term of price because of halving.
but when that time comes,it will not change the price significantly.
so i believe 2019 is a time for it to recover and reaching another high.

seems like we will see another sideways for couple months,just like what it did before in 2015ish.

you are half correct because you are missing the effects of halving on the supply or conversely the amount of new coins injected in the market.

the first part about the news of the halving increasing the price is correct. that is how bitcoin gets hyped up at times and rises but then after the halving happens and some time goes by (like 2-3 months) we will see the rate at which new bitcoin is created decrease and that can potentially decrease the sell pressure on the market from miners who want to pay their bills.
lower sells or supply and increasing demand means rise.

rudito

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Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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?

Yes, I think bitcoin is still likely to reach 20k this year. Although the current price of bitcoin is falling, but bitcoin is still able to increase, and if at the end of the year bitcoin bitcoin does not reach 20k, but at least bitcoin will be at a much higher price than it is today.

liuqi

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Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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 is easily reached in 20000 USD in this year. Because it is high potential cryptocurrency in crypto platform but current scenario is not supporting to all the Cryptocurrency this will change soon that time it will going to peak in market. I think US government is against in Bitcoin because most of the Social medias are banned in crypto advertising but all the sites are linked in US government it will normal in the market again bitcoin will going to moon.

DaMut

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Quote from: lumeire on April 11, 2018, 07:47:35 AM

Quote from: djpitagora on April 10, 2018, 04:45:37 AM

Quote from: A1exander on April 10, 2018, 04:21:45 AM

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.

~snip~

While your analysis has some good points I'd like to point out to the fact that the next halving is like just 2 years away, so we could expect 2019 to be a recovery year, with emphasis on people stocking up for the expected bull market come the next halving season. That is, if there's no big news in the coming months that would severely depreciate the market.

Nope,
Halving season will not change the price significantly,cryptocurrency always work this way;
buy on rumour and sell it on news
which mean a year or months before the halving,Bitcoin will gets a significant rise in term of price because of halving.
but when that time comes,it will not change the price significantly.
so i believe 2019 is a time for it to recover and reaching another high.

seems like we will see another sideways for couple months,just like what it did before in 2015ish.

lumeire

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Quote from: djpitagora on April 10, 2018, 04:45:37 AM

Quote from: A1exander on April 10, 2018, 04:21:45 AM

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.

While your analysis has some good points I'd like to point out to the fact that the next halving is like just 2 years away, so we could expect 2019 to be a recovery year, with emphasis on people stocking up for the expected bull market come the next halving season. That is, if there's no big news in the coming months that would severely depreciate the market.

Fuhre

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oh shit! the price at $ 20,000 becomes a hot potato in this forum. many people are Crazy about that number, now call it a day talking about $ 20,000 problem, we focus first with stable prices now, it looks like the price has stabilized in the figure of $ 6000 and $ 7000. now is the time to improve the market performance for better , we focus on breaking the $ 10,000 price just now, if the market performance improves and keeps pumping up the price, let's say $ 20,000 we can get through it.

Whosdaddy

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Quote from: 1Referee on April 09, 2018, 03:57:09 AM

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.

Eternu

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Quote from: iv4n on April 09, 2018, 05:20:25 PM

Quote from: Eternu on April 09, 2018, 04:26:00 PM

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

djpitagora

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Quote from: A1exander on April 10, 2018, 04:21:45 AM

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.

A1exander

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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.

btc_angela

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Quote from: Sithara007 on April 09, 2018, 09:08:06 PM

Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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.

Sithara007

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Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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.

TravelMug

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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.

xeqoRameshAxueamExaqana

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Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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

exstasie

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Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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.

samcrypto

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Quote from: LFC_Bitcoin on April 09, 2018, 10:44:41 AM

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.

BitMaxz

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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.

iv4n

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Quote from: Eternu on April 09, 2018, 04:26:00 PM

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.

Eternu

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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.

eminemcookie

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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.

tora

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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.

eth9888

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Quote from: supremnoob on April 09, 2018, 04:00:06 AM

Quote from: 1Referee on April 09, 2018, 03:57:09 AM

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?

LFC_Bitcoin

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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?

Clifmeister

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Quote from: 1Referee on April 09, 2018, 03:57:09 AM

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.

aeternus

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Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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.

ajqjjj

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Quote from: HappyHelen on April 09, 2018, 03:40:41 AM

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.

supremnoob

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Bored....

Quote from: 1Referee on April 09, 2018, 03:57:09 AM

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/

1Referee

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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.

HappyHelen

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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?

Topic: Will Bitcoin price reaches $20.000 this year? (Read 603 times)