Bitcoin Forum

Will it hit 20K $ by end of 2017

my estimate would be fifteen thousand before entering the year of two thousand and eighteen

I believe it will. I wouldn't have thought so months ago, but there's no denying the parabolic trend. Past BTC rallies have always been so short-lived, so it's amazing to see this cycle play out over an entire year.

I've seen similar moves play out before. They usually end with incredible range expansion and very high volume. For reference, see the November 2013 monthly candle on Bitstamp. That's the sort of price action and volume I'm looking for before I'm willing to call a top. I haven't seen it yet, so I'm betting on a very bullish December.

i love it how the topics and to some extent the mind set of people change in this board with each swing that bitcoin has!
it is not yet more than 1 week that people were asking if price is going to reach $2000 since it was dropping 10%!!! and now there are at least a dozen topics asking if price will go to $15k-$20k in less than a month!

happened to middle ground? :D

That would be a very wild assumption and I don't think that's going to happen so early I see it 11 - 13k not much higher than that. It would be extremely difficult to see that going much higher cause that would not be good I feel for Bitcoin, I think 13k looks really nice anything above than that would be highly unstable and one should hope it stabilizes.

Don't think so, that would be the jump of almost 100% of todays price (aprox $10k) and that price jump is highly unlikely to happen in the next month, maybe it will get to 14-16k before it goes down a little from that.

I'm guessing we hit $17k in 2017. I'm seeing tons of 1111 everywhere recently and been told its a sign https://imgur.com/a/UWnXF

Any price is always possible with Bitcoin, I remembered the first day of November this year the price of 1 Bitcoin is equivalent to $6400+ but before the end of November, Bitcoin price skyrocketed and almost doubled its price from $6400+ to $11000+, and it can still happen again this month. $20k is achievable in a month or two specially when new hard fork comes for the reason that people will buy more Bitcoin to get free coins, but it may struggle a bit to reach that price but that's not surprising because there are lots of short term Bitcoin investors that will eventually sell their Bitcoin after it hits a certain amount to get their profits.

I am sure that bitcoin will reach the $ 14,000 next week. In December a lot of events that will push the bitcoin price up. This buying of futures and a fork. My expectations are very high. Perhaps in the beginning of next year will be a correction and the price will go down. But up to this point for another month.

That sort of speculation is way out of line. Proper speculation should be done according to the charts, not random predictions. Of course, sometimes the prices go way different from what is expected from the charts, but that's because the functionality of markets, and the factors behind it. 20k is no joke, maybe we can see this happening by like March 2018 or after that. Till then the price isn't likely to go to 20k$.

That just shows with what kind of people we're dealing with here. I have said it plenty of times before already, and will say it again, quite some people here adjust their mindset based on how the market moves. If the price increases, people act like they are ultra bullish. If the price is going down, and that while we are still up like 700% for the year, people suddenly turn into bears and expect the worst to happen. In other words, these are the gamblers that more often than not end up losing big time.

I wanna say no way. But hell almost anything is possible with bitcoin right now. But still, I'd put it at like <10% chance.

I think $15k is possible. My prediction for $20k is March or April, but honestly I could see it happening in January or February.

I think it is an impossible value. Prices as you predicted will not happen by the end of this year. The time we have is only a month and we all know that to achieve a 100% increase within a month is not rational, it's like a dream and if you remain confident then you need a miracle to be able to see bitcoin prices reaching 20K $.

Do we have to?
The run this year already is absolutely crazy!
No reason to move so fast imo. We will have to correct sooner or later. And the higher we go the harder the dip/drop will be.
Don't get me wrong. If we go for 20k and drop 50% to 10k, I would be fine with that. 10k as new solid bottom would be awesome.
I would love to see some kind of pit stop. A bit of cooling down in terms of upwards speed and some consolidation.

Nope, I dont think so :(

It is too much to ask,, surely it will be at 15000$ but 20000$ is hardly to reached at this short time.. And if we considered the bitcoin price profitability at 11000$ the investors will hesitate to invest on bigger scale,, maybe.. But in 2018 as many will join as bitcoin popularity increases and adaptation of cryptocurrency to our daily life..

It can be possible and in my opinion I think it is because of the recent bullish run bitcoin did, back then the increase of bitcoin was in a slow pace, and right now we can see that the speed are now faster and bitcoin bullish trend just increase for about $500 dollar in just a day in reaching its new All Time High, and right now bitcoin price was at $11546.67 value, and even if a potential correction could be coming we can still expect a bullish trend after that.

Agreed, that solid bottom around $10.000 would be the base of bitcoin and bitcoin can start new price inflations after it. Imagine it ca even go to $30.000 or beyond.

There is a possibility that it might hit, but also, there is a possibility it won't and for me, I will go with the possibility of it won't. There are a lot of planned forks this month and I think it will be affecting the price pump of bitcoin. We don't know what might happen, and no matter what did, I will be still holding bitcoin, don't have other reasons to sell them for now.

Hitting $20k by the end of 2017 seems big, but might have possibilities as the entire system of bitcoin is completely unpredictable. Already the predicted price for the year has been reached. What's gonna happen further is focused to take place within targeted year of 2020 in a large level.

I don't think so. I thin we'll be seeing $13-14k per BTC, not more.

It might hit 15k, but 20k is pushing it. If it hits 20k, i'm just leaving with all my profits because the fall will be hard

it can be happen but price too away so we will get max 16,000$ and will break 20,000$ before April/2018

I think the price 20k$ is almost impossible for Bitcoin price until the end of this year. If it's 15k$ I think it's possible cause there are only more than 20 days before this year ended and increase nearly 9k$ in more than 20 days I think it's impossible. Bitcoin price will reach to 20k$ but not in this year, maybe in the early of next year, 2018.

If on the fifteen of this December bitcoin will hit $18,000 then that will be enough to see bitcoin hitting at $20,000. There is a chance that it will happen but chances are chances, there's no guarantee that it will happen. But base on what happened for the whole year, bitcoin has been increasing real quick from $1,000 - $3,000 quick and $3,000 - $5,000 and now we are at $11,000 close to $12k.

Chances are chances and anything could happen to the price. For all we know, it may even go down. It's really hard to tell and predict but looking at how far the price has gone this year, it seems to me that it has gone too high and perhaps it's time for it to stabilize a bit. I think that it may go down a bit, especially since it just hit an all time high of $10K already. The price increase has been so quick these past few months that it still surprises me. Who knows, it may surprise us again by the end of this year?

Forks are getting less and less important the more there are. Bitcoin Cash was a big deal because it was the first fork. Bitcoin Gold was not a big deal but still managed to get a value of what Bitcoin Cash used to be at. Bitcoin Diamond...who even heard of that haha, I saw mention of it in one article after the fork had already happened. I don't even know what further forks you are talking about this month, and each of them will have less and less impact.

I don't think that it will happen as bitcoin price is now at the overbought area of the trading circle. Bitcoin has made significant progress this year and the price need to stabilize a bit for us to gather momentum for 2018. I have been thinking how 2018 is going to be and how we are going to trading this coins then. I think we are going to be benefiting from buying and holding more than day trading. $20,000, if it happens glory be to God, if it didn't happen we would still thank God for the progress we have make so far.

Op it seems to me that your expectation is too high, although, one cannot completely role outs such possibility but from the way i see the market movement, it cannot go higher above $15,000 before end of December this year if it will even reach such height before end of the year.

Chance of going down is there but there's nothing wrong if we will speculate with high price but it seems the price of bitcoin is starting to get down again. Before it was close to $12,000 and now it has been down to $10,800 so that's really volatile and we can't have a proper prediction on this thing. I'll just wait on that day as I mentioned if on December 15 price will be at $18,000 then $20k at the end of this year is possible.

In bitcoin market since the price is fast to high so I think it will hit first the $15k this year ends. Maybe it can go higher than that, as you know btc price is increasing.

I also think that it has a less chance to reach $20 000 by the end of the year. Bitcoin have climbed up almost reaching $12 000 and then suddenly goes down last week. Less than a month is too short for it to grow another $9 000 or more. Anyways, if it will grow to $20K, I won't mind if it will be next year because as far as I am concerned, bitcoin have already shown a huge growth for this year and I don't mind waiting.

There is still 27 days before this year ends and $20,000 is quite far on being seen. It has been down today at $11,500 while last time it was already good at $11,800. Whatever is stopping it to get into $12,000 we just have to keep on waiting until the price gets stable at $11,000. Growth for this year to bitcoin is great and though it was good already,everyone is asking for more.

$20,000? I guess bitcoin can't hit that amount this year, maybe it is possible on the next year 2018. But I think bitcoin value have a high possibility to touched the $12,000 or $12,500 this year, because their price now in the market are incredibly increasing.

I never doubted to the potential of bitcoin because I know that crypto currency was starting to become more famous in the digital industry. Moreover not only in digital world because even in the world offline currency they started to become more popular.

Bitcoin will be adversely affected by the New Year, at the beginning of the year they will need cash money to buy gifts for their loved ones and they will try to sell Bitcoin in their hands. If shopping with Bitcoin was possible and widespread, maybe Bitcoin would be worth $ 20,000.

But I won't think the price of bitcoin will reach 20k$ and all it may reach the value maximum of 15k$.You can place your saving money to get more profit from it.

I do not think bitcoin can hit 20k before 2018 , 15k possible But beware of a sudden dump May happen at any moment

Yes I agree with you. Because 20,000$ is very high value. I don't think in a month the price will move from 11.5k to 20k.It will happen only if the miracle is happened. 8500$ in a single month ,I won't think this will occur. Bitcoin price will reach the maximum raise of 15,000$.Even you can inverse your money in bitcoin now,obviously you will get more profit it.

I think bitcoin will not hit the $20k by the end of this year, maybe it will hit up to $12 - $14k since it has only a few days left before end of the year. But who knows what will happen, bitcoins is always full of suprises.

My big guest is NO, because in my opinion, $20k is far from $11k to $20k this year, next year is possible to hit $20k but this 2017 I think we can just encounter for up to $14k.

We're 25 days away from the end of the year. My guess, NO.

I dont think that Bitcoin will even hit $13,000 by the end of this month. Maybe we see another surge to $12,000 but I think that at the latest then there should be a correction incoming. This huge price increase is not healthy in my opinion and there are some big fish making a lot of money at the moment. You can see it clearly with the heavy swings: drive price up, cash out, but not too hard so smaller investors stay still in, and then readjust at similar price levels.

According to much known persons in the cryptocurrencies field such as John McAfee, and to it's linear charts that are going all the way up all the day every day , bitcoin will even break a much higher record by the end of 2020 .
But as we are approaching the end of this year , i don't think it has enough time to double in value in such a short period ( less than 1 month ) . It may be able to do it tho since bitcoin didn't cease to amaze it's users and holders across these historic 10 months , it gained more than 4k dollar just in the past month and made over 750% of growth in just 10 months , so i won't be surprised at all if it does reach 20k by the end of 2017 ! .

I know the fact that it's quite impossible to see it happening. There are a lot of times that we had speculated on $1,000 before and we didn't expected that it will go through $2,000 and now the price is good at $11,000. if it will pass to $20,000 for this year then that's fine but if it won't, it doesn't matter also. The most important thing here is that bitcoin having a good floor price is making everyone satisfied.

Hitting $20k area for BTC before this year ends seems a bit of a stretch, in my own opinion. Yes, the bull run of BTC this year has been very great (and crazy) but I think the price stated in the OP is just too much for the market. I don't think anyone would buy this cryptocurrency up to that point of this year.

Don't get me wrong, I'm positive that we will hit that sweet spot in the future but not in the very near foreseeable time. There's a high possibility that we can achieve that next year as I'm expecting more people to get on board to BTC.  ;)

Seeing bitcoin grows in the market it's really no doubt how big its potential but this $20k is so far from where is bitcoin now, like it's so unrealistic, don't get me wrong like we still have less than a month to make that happen. I'm skeptic that we can close the year by $12k as we're now hitting $11600 and that $20k might happen in no time by next year so let's see how this accelerate.

From my point of views that the price of bitcoin will not reach to $20000 by the end of 2017 because now the days the price of bitcoin is approx to $10000 . The demand of bitcoin now days is more towards the people but the price of bitcoin will not be double in month but it may reach to approx $15000 at the end of this year but there may be any chance of the price of bitcoin no one sure about the price of bitcoin it may be increase or decrease.

I do not think it will be up to $ 20k by the end of the year, but we will all hope to reach $ 20k by the end of this year. but that's just a hope because no one can predict when the rise and fall of bitcoin prices, because bitcoin prices are not stable.

yeah thats true cause we are now on 11k and that prediction valued is far off. So its impossible to touch down 20k by the end of 2017. Maybe soon mid of 2018 . As of now bitcoin keeps volatile and the growth rate of bitcoin slowly increasing even its always fluctuated. So its a "NO" for me maybe 12k to15k on this year end.

A little less than you predicted, there is not much time left. About 15k it will really be, and then you can already think about selling.

I think it's really hard, 10k$ for only in 1 month is impossible.

From the price movements that still looks passive and as long lasting is on, it's most likely wouldn't yet to touch $20k by the end of the year. That's too high, and I think that's not enough in just a few days will be on there, well I'm sure it will only to be reached in the next year seems.

probably, this may happen, bitcoin may go above $20,000 before end of this year because this coin has a lot of positive news coming up. Many future traders are getting in and big investors have started picking interest in bitcoin. $25,000 is now my current benc mark for sell and I expect this to happen by first quarter of next year. Having been following market action on bitcoin trading I can really tell you that in bitcoin every thing is possible.

No,it will not reach $20K by end of this year because the price is swinging inbetwwen $11K and $12K so there maybe a price correction will occur soon so there is chance for price getting fall.I think the bitcoin will reach $13K by end of this year maybe bitcoin will reach $20K by end of 2018.

As this is third if December and price is already on the 12k and this show the true signs that bitcoin will surely go near to 20k in this month and all this is depending on the appreciated response of investor and maybe it will go beyond the 20k if a large no of people invest at the same time and I am sure in the at the Christmas price will get a higher pump and that will bring an air of happiness among the investor community,

I guess too that bitcoin value reach $20,000 next year 2018, but for this year I think it's not. That amount was too much high, even though bitcoin price is rapidly raising up I believe that three remaining weeks is not enough to touch $20,000.

Moreover, I'm pretty sure that this quickly increasing of bitcoin price will be breaks on the third weeks of the year. In addition in my estimation bitcoin before end of this year will play into $10,000 up to $15,000.

not believe but bitcoin can rise more than 1000 daily .

let check Christmas gift for BTC  

I wouldn't bet on it, myself, but I wouldn't be surprised, either. Time will tell.

The market is extremely thin right now, which makes it basically peanuts for this market to gain a few thousand bucks in just a few days. It of course doesn't mean that it will automatically reach $20,000, but I would say that we have 50% chance of achieving it before the end of this year. If not, then there is no reason to complain.

I am quite sure that people waiting for their salary to be paid out to then buy Bitcoin will hope that you're right. I am looking forward to how the market reacts at the moment we see CME opens future trading this month. I personally will cash out some profits a day before launch to be on the safe side. I wouldn't be surprised to see some sort of a coordinated dump happening at that point to get rid of weak hands. It's something that yet has to happen after quite a continuous rise to where we stand right now.

That really would be something else and clearly indicative of all the mass publicity it has been receiving.
20k sounds a bit too much for before Jan 1, but at this rate who knows?

I guess It may hit 25k before the new year eve, but I can't back up my speculation, is just based in current growth of the price.

The current price is even more than enough for this year.

I'm sure next year we will see something really different. Imagine the first half of this year, the maximum price was around $2,500 or $3,000 if I'm not wrong, but the result is very high.

It required 6 days to pass $11k to $12k and +1000 dollars was made in one day to reach $13k. If we continue like that $20k should be easy

The price of the bitcoin at this time is 12,500 dollars plus and for sure this week possible to become 13-14k dollars this week. For me it's hard to say the price will become 20k dollras before end of this year . Because that price is very high maybe it takes few months before they reach that because for sure we experience again dumping price because it's not only increasing .

It is evident that the market is broken and it is not possible to trust the unreliable signals that technical analysis usually provides. In the few days that have elapsed since the month of December began, the price has increased more than $3,000, and very few things could happen at the end of this year to wait for a major correction or a slowdown in this upward race.

Although my most optimistic predictions a couple of months ago made me think that a price of $12,000 was possible, this has been widely surpassed by reality and at this moment the figure of $20,000 does not seem at all unlikely.

but with this momentum, i still believe it's possible

There is possibility to hit 20k because bitcoin has grown so high and at this time bitcoin has ability to rise high within no time and all that happened just a week ago this was a trailer to the future rise of prices and bitcoin has attracted a lot of people in past and this trend will be continued in future so everything is possible now and maybe bitcoin will go above 20k till the end of 2k17 because who knows what’s coming.

last three days make me believe bitcoin  will break 20$k  by the end of 2017

we need less than 6 hours to break 1000$

I actually didnt think so but seeing whats happening now and the fact that Bitcoin will be exposed to wall street trading in a few days makes me think different. I now do believe we will hit the $20,000 very soon. By the end of this year possibly yes. However I must admit that I dislike this fast growth. It would be healthier for the whole space to have a slower more organic overall growth, with Bitcoin leading but also with alts gaining more traction as well.

Well we must assume that something like that at some point had to happen,I could suppose that will be one of the greatest tests that BTC will have to face,the result could become favorable or maybe not,in any case, the result can only be evaluated after a certain period of time,so for now it is only possible to issue opinions only.