Bitcoin Forum

Do you think we're going to go sideways with the price action or we'll blow past $20,000 per Bitcoin? I'd love to hear your feedback on the price action from beginning January to February what are your thoughts?

I feel as though after the crash bitcoin needed some time to steady itself and confidence is now being restored. I don't feel as though we will be breaking through 20k just yet as it seems fairly soon, what I a fairly sure of is that once we do break 20k it will be a big breakthrough instead of just a little bit past 20k.

My thought that the price of bitcoin will slightly increase asap. But the problem is the majority of people are using another chain to avoid the bitcoin transaction. just like if you are using ripple and that won't make you wait for some hours or even a day just for a single confirmation. and then $20k looks difficult until another major news will come.

I think the price movement is still a bit stuck if it's going to lead to $20k, I guess it wouldn't be up to $20k if for this month, maybe it will just approach it, but seem I'm really believe if in the February.. it's most likely the price touched $20k.
Well.. but anyway, it's all back at the price change that's very naturally changed and not easily predictable exactly.

there are still a lot of FUD going around regarding bitcoin and the mempool is still huge which means still increasing fees. these increase the hardness of a rise because they contribute to the sell pressure. the fact that price has already been over $17000 twice in the last 24 hours and stayed near it so far shows that there is a lot of more buy support for bitcoin.

but we are getting closer to the point which rise becomes a little bigger and then the FOMO buyers come back and then it shoots up above $20k before you can ask what happened.

Lets, not be too sure that the price of bitcoin will rise to $20,000. I mean we should use what happened last year December to judge, a lot of people predicted $50,000 while a lot of people went as far as predicting it to $100,000, even those whom went on to bet it. At the end, Bitcoin closed the year with the price of $12k-$13k Although, not that its not capable of reaching 20k, I just think it may not happen this January it may be probably on February or March.

$20k is still a long way to go and will not happen anytime soon, the fact that bitcoin network is still not stable and its the hindrance for bitcoin growth.
Regular users of bitcoin are not happy with the way the network is going out, they should fix it first then we might see the $20k again or even higher.

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The most intractable problem bitcoin encountered is still transaction fees. the majority of bitcoin currently used for the purpose of the reserve. I feel like people are watching it is digital gold but the main purpose of bitcoin is born to the transaction. however demand for the use of bitcoin is still great and prices will soon hit $ 20k mark

Yeah, I was really hoping mempool would slowly drop, but sort of like the price, it seems to meet a resistance at 150k transactions. Of course, still a lot healthier than the 300k days of December, and at least the fees needed to get it confirmed in a day isn't too bad (can't quite believe it's come to this sort of thinking though!). I'm actually amazed that the price is climbing despite all those transactions in queue - so you're probably right on the buy support.

I still feel it's far too early for another rise, would much prefer a stabilisation period. But Bitcoin doesn't get told where to go, I guess.

i am still feeling pretty bullish and i have yet to find a reason for changing my mind. it seems like a pretty solid rise to me so far. and lets not forget that this is the "first week" of the year. we are literary 7 days into 2018, and we shouldn't really be expecting lots of activity in the price despite what is happening.

This time ripple took side of altcoins as well as bitcoin and people are investing in ripple instead of buying bitcoin. I personally like the idea of ripple among all other altcoins but i will follow both the bitcoin and ripple.
I can not say how much time bitcoin will take exactly to reach $20k buy of course it will slightly keep increasing to touch a new record in crypto market

Yeah surely bitcoin will reach the 20K but it needs some time to recover because of the rapid growth of ripple.Many bitcoin investors moved to ripple to make quick money but they will cashout when price starts to fall so they will reinvest on bitcoins soon when the ripple hype gets over.

The chart kind of looks like it could go up, but the books are still weak meaning there isn't a bunch of new fiat coming into the exchanges like there used to be so it's probably just going to be more sideways.

I strongly believe the price of bitcoin will reach 20k$.Actually the price of bitcoin has reached 19,000$ before itself.The price is reduced due to the fact,many newbie in this forum has sold their holding and purchased bitcoin by seeing the 19,000$.So we can expect this to happen soon.

Currently technical trends are looking OK for Bitcorn. We will be OK I think.

Although 20k may be a long long ways away...

hmm $ 20k in next 2 months. It will happen but if for the next 2 months I feel this will not happen. If in the middle of this year, I will believe it will happen.
Some billionaires say that it is not difficult for bitcoins to crawl up to the moon. Like Ronnie Moas, he is the founder of Standpoint Research, he is famous as one of the best financial analysts ever.
He predicts the price of Bitcoin can penetrate up to $ 20k in 2018, or at least up to three years into the future.
Well, we have to keep it for the next few years, because bitcoin will continue to crawl.

I am loving this ride of bitcoin. Truly speaking I never liked the unexpected jump btc immediately made after it reached 19k after 9k in just a week or so. it was too fake and looked really as if BTC is a ponzi. But then came the huge correction which put btc back on track. Today we can actually say that btc is moving with a very good pace taking with it the whole alts market too. This way no one is in any big loss for sure.

Yes, the bitcoin price will break the $20,000 again but no one knows exactly when that is going to happen. Surely, there must be some ups and downs before the price can reach $20k but it's all about time. Bitcoin will definitely break that level and continue it journey from where it stopped and heading back to the moon.

yes...BITCOIN will soon create a new record price. I think $15000 is the new base price for BTC and it trying to grow steadily to achieve the new record price. I expect BTC at $20k within next 15 days.

It has already been on that price before, if i am not wrong, it was less than a month ago after December 15th, when the price was going up by aproximately $1k and $2k a day, that was crazy.

And yes, we touched that, so it can be touching it again.

But it is very obvious that once that that psycho bar is broken, the price will skyrocket again and it will probably be moving toward $25k finally.

There is no such a thing as a base price when it comes to any level close to what we have right now. Strictly speaking, the only base price we have seen so far is the $10,000 mark last year.

People tend to get too hyped up when the price is going up, and too negative when the price is going down. I don't see much difference at current levels compared to when we were hovering around $13-$14,000 levels.

Nothing has changed and nothing has been giving to us to hold on to, so I wouldn't be surprised to see the volatility as we have seen it in the last weeks remain exactly the same. I still see a consolidating market overall.

The increase over $17k lasted a few hours and we are back to $16k in a day's time. I think we have to stop looking back and expecting days when Bitcoin's price increases by over $1,000 in a day. The best we can hope for is a gradual grind upwards.

We are having some trending market now across many exchange platforms and most coins for the past two days now. I think bitcoin is going to blow above  $20,000 by the next upward movement. I don't think bitcoin is going to fall now as there is a lot of new investors coming into the market. We should expect bitcoin to hit $60,000 before December this year. I have this in mind that bitcoin may not getting back to $10,000 as many are speculating.

Imo we are still consolidating. Imagine that. We reached a top of mostly $20k, took a 45% correction and now are ranging in a level of ~$15k-$17k.
Who would have believed that a year ago if you would have told him? I guess nobody!
Furthermore january is usually a month Bitcoin does not perform good. Therefore this is still pretty impressing to me.

There are very good chances to reach 20000$ within the first three months of this year. But this is not the final limit of bitcoin price and there is plenty of room to go up more.
New investors are entering each day refreshing the market, let's say so, so 20000$ or more is possible it's just the question of time.

It will be going sideways until LN is released.

Devs have been testing it and showing zero fees to buy coffee with bitcoin. If it is released, and turn out to be a success, price will go fast to 50k.

Right now, fees are more than 350k satoshis per kilobyte, for a one-hour confirmation. It's insane, and people would not move their bitcoins to a exchange to sell, nor will buy more, knowing most exchanges will use those same fees. Less sellers decreases the supply, but less buyers decreases the demand, that's why it is going sidelines.

Bitcoin will can be reach at the price of $20k or more this year. Bitcoin has a lot of chances and open to go up high, so i think were seeing above ath of 20$k this year. There is still a good chance to buy btc because surely price will go increase.

i think the valued will not exceed on this month, csuse as i noticed the valued always crash when it goes 17k. Perhaps on Month of feb maybe the valued of bitcoin will continue to grow like what happened before. Or it will rocketed again, not now cause bitcoin has no power to surge to the top cause some of alt coin is growing also.

We just tuch 17k$ but again price drop under 15k$,so even if price reach 20k$ level at this time there is no chance to stay there.This is look like classic pump&dump scheme orchestrated by some whales who takes big profits in last month time,and with some help of new entry buyers who want to get out from the game.Most of them think price will be 25-30K$ at the end of last year and they get in the trap when price start to drop and fees go up,now they wait chance to sell at the highest possible price and get they money back.

It would take some time before price reach 20k$ level and stay there,but year is just begin and there will be plenty of opportunities for that. 

This is indeed a big problem. I have some in a personal wallet that's been safe for a few years just HOLDed. Now I am thinking I could like to move some of it onto an exchange and trade back and forth with Eth for example, and possibly cash some out then buy back in later, etc etc...but the fees put me off - I refuse to pay double digits to move crpyto around when the whole idea was that it should be better than fiat and better than shares.

I hope LN comes out soon and works.

all my new money is going into ETH LTC XRP etc as you pay barely anything to move it!

They have to fix it if they want more big rises.

Cutting china out of the mining game may help lower difficulty

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that is why these altcoins have been getting pumped. because bitcoin fees are high and at the same time these altcoins have been "advertised to have low fees" and they used to have low fees.
ETH fees have been rising and they go very high whenever there is some activity on chain like some ICO or like the cryptokitties!
LTC fees are also moderately higher than what was promised.
and XRP is a centralized token anyways so who cares :)

We could go higher in price but unexpected events won't allow us to. Look what happened to the price now. It went down more than 13% just after South Korea is starting to impose a ban and police raiding exchanges. The South Koreans are not sure what to do and are now panic selling their coins!
XRP is just shit. People are joining in out of hype. They don't even what Ripple is all about. They are thinking that the banks will be using the coins but they don't know that they will be using the technology not the coins.

Basically I'm sure, it will not be long or it will take months to be at $20k. For this month indeed., the journey to $20k I think it will still be like as stuck, but I'm sure it's likely high next month will be reach $20k.
I'm convinced too, it's a right time to buying if we've intention for investing. Bitcoin price seem to always be that way, decreasing first and then moving higher and trying to reach the highest price. Good luck then., for investing :)

Everything that speculated are now uncertain because of what happening now in the market after of South Korea will ban digital currencies in which South Koreans now are dumping their Altcoins resulting to massive crashes of all digital coins today. I think after this problem will resolve everybody could give again their nearest speculation of every coin.

Nothing but a hype clearly, in ripple. Bitcoin's stable price shouldn't make us wrong. It will get better soon. It's now hanging between $13,000 and $17,000 but it will go up very hard I believe.

Unless the issue of South Korea is not resolved we will see decline in the price of bitcoin and other altcoins and now to achieve the price of $20k will take a really long time and won't be possible to achieve in next couple of weeks so its good time to invest money in bitcoins as the price is comparatively very low and it will bounce back once we get clear picture of South Korea so till then its good to hold our existing coins and try to invest in different coins as price is low and it can be a good buy.

I think that until January 20, there will be no sharp rise in the cost of bitcoin. On January 19, the fork of etherium will be released and until this moment investors will keep money in the etherium. After this, an increase in the bitcoin rate is possible.