Bitcoin Forum

Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth.  The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...

I would not be so pessimistic. The growing trend in bitcoin remains in force. Indeed, some market participants will want to record profits, but at the same time another part of investors will buy, believing in the continued growth. Some of the crypto-investors do not even look at the fiat accets at all, without seeing any prospects in them. In 2018, the bitcoin rate may rise above $ 20,000 again. However, growth will not be recoilless - downward correction will also occur.

Hodling Bitcoin last year returned far greater return than any trader was able to make, I assure you.

Other coins have different stories. The reality is that timing the market is tough, and most traders get their a** handed to them and lose all their money. If you don't believe Bitcoin will hit $20,000 again you should get out for good.

OK, that's one side of the point but what if whales changed their mind and tried to do something off the track according to your argument. Despite that without any clear instances or facts you simply cannot have such belief just on one point. It’s Q1 of 2018 and things might not be working so well but there is big year ahead in front of us and things might change with the flick of coin.

Whales are only a small percentage compared to the rest of the bitcoin eco system. Price of bitcoin is determined by many factors , one of them being whales trying to make profits which is standard now and nothing new. In the bitcoin price impact can be decided by how many people who use bitcoin, in how many different scenarios is possible to use bitcoin, why is bitcoin better than other payments systems, bitcoin can safeguard my identity when buying some digital goods etc.

When all the above are assessed by many persons and these many persons believe in those values that can impact bitcoin price, bitcoin will go easily above 50.000 dollars.

Thats really negative thought and I already don't like it into your heading! Bitcoin will reach that mark in the future for sure, no one can predict when but it will reach surely. There were lots of whales in previous time also who used to do the same thing, hold and take the profits from 5-10% hikes. The swing trades are anyway common anywhere but they are not risked by whales at all. There holdings are enough for them to get started and grab the profits (huge one) even if the bitcoin moves little bit upwards. I think whales are the smartest people who wants bitcoin to spike to 20K and I think they are not the opposite one.

It sounds good and I hope you are right but more and more people are taking the icing off the cake.

Whether or not Bitcoin will ever reach 20k again is anybody's guess.  But I think all the holders need to think again because there are too many day traders taking profit all the time for any growth to be sustained.  If money keeps coming out how is the price to go up. 

You have taken on micro point of the ecosystem and focused just on that, and I don't for the life of me know why. Try understanding the macroeconomics behind Bitcoin and the whole system, and I would be hard pressed to see you making this statement again. Never is a strong word in this sense, and although I won't say it will reach 20k 100%, there is quite a high possibility it will. You see the difference there? What you should ideally say is I don't think it will reach 20k, nobody can say anything for certain in this space.

Never is a strong word in this context. This isn't even the worst 'crash' in BTC's price - nowhere close. It can fall by another 50% and still be similar to the price crash after MtGox. There's demand building on the institutional side. Once they have the infrastructure in place, they can enter the market too. Time will tell.

Like bitcoin forum have some specified specific rules and regulations which we require to abide in the same manner it is essential to understand how does bitcoin price works and it works on the economic principle demand and supply. After understanding it you will be clear about price

I disagree. I understand your point, but the crypto market as a whole is still too small. A whale today, probably won't be a whale in some months. Everything is gonna change. It's not about to be optimistic or pessimistic, it's about business facts.

Thanks bro. I respect that...

It's sad but true, the 20K high price of bitcoin is what triggered the attention of governments worldwide. Now they will all regulate and there will be no decentralized cryptocurrencies anymore. Which means Bitcoin will not reach 20K anymore.

If the dollar continues to fall and eventually will be introduced to the forks and forging coins, the bitcoin rate will begin to grow again as it will be returned.

I think it will reach 20k. It is perhaps more a desire or an assumption than a certainty. Nobody can be sure, but analysts of the bitcoin phenomenon say it will grow even more than 20k to 100k.

I don't agree. I think BTC will surely reach at $20k mark again. Its true that BTC is struggling hard to cross $12k mark but experts says BTC will skyrocket again after march. Moreover, BTC has shown good steady growth in last few days which has created good hopes in investor's heart.

It is difficult for bitcoin to reach the price of $20k again because until now any bitcoin has not been able to successfully penetrate the price of $12k. Maybe this year will not be like last year but I remain optimistic that bitcoin can reach at least $15k price this year and it looks like the price will happen in the last months of this year.

Actually I agree with you to some extent except that bitcoin will never reach 20.000 again, everyone knows it will but it will take lots of time, there is always day trading now as you said.

Im sure Bitcoin price will back may be we can see more than $20,000 because when Bitcoin price increased, I heard there is a lot new Bitcoin user. It will useful later.

I would be optimistic, and Bitcoin will reach $20,000 this summer. So, need to invest in Bitcoin so much as you can.

I think bitcoin will reach 20k and beyond but we need to wait and we need to be patient. I think in 2020 cryptocurrency market will be huge.

It is so pessimistic. I think there are panicmakers who try to disorient newbie traders for selling their coins. Don't be saps for this panicmakers.

Believe what you want, Hodl method just works! Bitcoin will go above $20k someday, It's a patience game. Don't feed your Bitcoins to whales lol.

Yes, Bitcoin will not reach 20,000$ because BTC will surely surpass that value. So many prediction and technical analyst that Bitcoin could attain 100K USD this year or even much greater value.

For your references.
https://www.express.co.uk/finance/city/913707/Bitcoin-prediction-2018-price-crash-bubble-Ripple-ethereum-cryptocurrency-blockchain (https://www.express.co.uk/finance/city/913707/Bitcoin-prediction-2018-price-crash-bubble-Ripple-ethereum-cryptocurrency-blockchain)
https://www.fxstreet.com/analysis/best-2018-bitcoin-price-predictions-btc-usd-projections-from-8073-to-89750-201712221158 (https://www.fxstreet.com/analysis/best-2018-bitcoin-price-predictions-btc-usd-projections-from-8073-to-89750-201712221158)
https://www.cnbc.com/2018/01/16/bitcoin-headed-to-100000-in-2018-analyst-who-forecast-2017-price-move.html (https://www.cnbc.com/2018/01/16/bitcoin-headed-to-100000-in-2018-analyst-who-forecast-2017-price-move.html)

Sorry but this is delusional.

Not if bitcoin was revolving around 16k right now, but isnt. We are going back to 8k AGAIN.

So it will increase much less than it did in 2017. We will reach 20k in due time, but it can take weeks or a couple of months. If bitcoin will still be at 10k by April, then I would say 30-50k by the end of the year, but if it go higher, then 50-70k. I only hope that we have at least one sidechain ready, because the demand will be higher.

I still believe that cryptocurrency will go high this year specially with bitcoin its a matter of time and patience. Just hold on your coins and for sure bitcoin will take care of it. The resistance are being tested in the past weeks and I know it can break it to start the uptrend, wait for it don't rush things.

If it does reach that price again I will be shocked as it seems controlled now by governments and their taxation of the people on it.

https://www.coinhills.com/market/currency/ (https://www.coinhills.com/market/currency/)

Japan, South Korea and America if you cannot figure this out... mmmm

All my comments above on that thought

Year 2015:
http://ss.kikimon.net/Y9pMLtX.png

First going down - middle of year going up


Year 2016:
http://ss.kikimon.net/NE0Keg9.png

First going down - middle of year going up


Year 2017:
http://ss.kikimon.net/qZxxCju.png

First being steady - middle of year going up


Year 2018:
http://ss.kikimon.net/WXTCO.png

It's going down... what that means?

I don't mind how long should I wait for it. What matters most for me is bitcoin still kicking. The value will never be predicted and so I say that whatever the situation of bitcoin will always depend manpower resources. So it will still have chances for $20k to appear in the long years to come. Just keep relaxing and don't get stressed about it.

Hopefully not to go down again on that level since bitcoin are able to survive on support level in the past weeks. I still believe $20k is reachable but it will surely take more time because people are still confused why this thing is happening, again if bitcoin gain its momentum way up high, for sure 2018 is a great year for bitcoin.

Possible bitcoin would reach $20k hopefully it will happen. Let's be positive on bitcoin market that this time it will not go over fall huge of price. We are in this curent price again so I am still have no doubt on bitcoin that it will bounce back to 20k this year.

What a great deduction sherlock. You could have said that 5 months ago too. No one knows what's going to happen long term but bitcoin is still strong, we did recover from a huge crash, we have been through worse and marketcap was still not even close to it's full potential, I mean, not even 1 trillion? That's laughable for this market.

When real regulated exchanges start coming out, the money will too and then all the hype will return and push the price even higher, possibly.

We already have regulated exchanges. On top of that, this market is known to start rushing up when people don't expect it. People have been spoiled with how much the price has gone up lately, and for that reason aren't used to consolidation anymore. From their perspective current market looks bad, and as long as the major part of the market keeps thinking like that, the smarter part of the market accumulates till the bomb explodes again. Once the price has gone up significantly already, the people feeling bad about the market right now will at that point be confident enough to finally pull the trigger to start buying, and that's when we will be ready to sell them our 'expensive' coins. It's a never ending cycle for noobs.

Bitcoin price already reacheed $20,000 last few months ago. I believe it will increase the price again like 20k dollars so if that happen we will earn a lot of moneu again.  So please don't said that never reach 20k dollars again.

I believe not only the price of the bitcoin become $20,000 because for me the possible price of the bitcoin this year will become $50,000 so you can buy bitcoin now.

yeah the good idea for now is to buy bitcoin or wait for another drop instead of worrying about the circumstances of price , 'cause this drop is normal  and for me this is just a another correction which is always happen before it continue to grow.  . So i think much better to buy now and hold ,

LOL. Whales don't take profits at that margin. What is happening is that a lot of mid-to-small traders are doing day trading and taking the profits even for like a 10% margin. Whales don't panic in crisis, that's why we also call this strong hands. And besides 5-10% for whales are nothing. They will rather sit it out and wait till the price goes to the moon as what happened last year.


Correct, maybe we won't see the frenzy and madness of last year. But I'm sure that we can break $20,000 and can even hit another all-time-high.


Well, there's always be 2 sides in a coin. And the OP seems very negative. He really needs to understand how the market works this wild swing has nothing to do with the whales. And its fairly common to see dumps specially if we have negative news like the Binance potential hack.

I bet it would reach more than $20,000 by this year. This is simply because Bitcoins is much polular today resulting to lot of development that are happening around the globe in favor of Bitcoin which result to massive investments that will coming in which it will result to increase of the Bitcoin demand. My speculation for this year was $20,000 to $25,000 mark which also the prediction of most of the experts.

Quite often some sort of issue has been getting into existence. This interrupt in the growth of bitcoin reaching the $20000 mark which users has been expecting for a long. Possibly with the ongoing price drop it takes at least few weeks to recover same as the previous fall.

I can say that HODLING gave great return when it reached the peak so why just forget that HODLING is simply the best. If you think that bitcoin will never reach $20,000 again, you probably sold some at the bottom?

Yup buddy you are absolutely right 😑 in the past year's start I was having 3 bitcoin and those were about 90k INR and in the end when bitcoin was at its highest those 90k INR were about 4200k INR........ You can see in this example that holding method is shit and day trading is the real deal, but in fact if you take a single wrong step in day trading then you would probably be left with melons so best strategy is ofcourse holding, but trading is actually pretty good for some people with luck as I have seen people who have made a fortune while trading.

Chances of increasing the price is high but for that we need to have lot patience. Already the price is kept decreasing in the market but we need to have lot of patience because bitcoin price will not increase very fastly.

Do you have any evidence supporting your claim? 5-10% gain is not bad but I don't think a whale will be satisfied with just about that. I mean look at the price rally last year from 1,000$ to 20,000$ it simply tells us how whales have the ability to move the market in a short period of time. The decrease you are seeing now is how they buy and accumulate more Bitcoin at a cheaper price. Even us small players benefit from it. 20,000$ now looks like a big number but if we break pass it, it will just be another number that Bitcoin has achieve reaching.

Who knows that bitcoin will rise again drastically before this year ends. As we know it, bitcoin is full surprises, volatile, dominant, and mainstream that can lead to a high increase of demand of people. But i wouldn't be surprise anymore if bitcoin will reach or exceed more than 20,000$ this year.

Bitcoin Will reach $ 20k again because still many people interested and buy bitcoin as a Investment, they are still assume that bitcoin is promising Investment. Nowaday some of country try to accept bitcoin and As long as enthusiasts of bitcoin are continue to grow, the price of bitcoin also will continue to increase.

After MtGox Bitcoin dropped, then dropped more, and more ... people said back then the Bitcoin will never reach 1200$ again. Well, it did and even surpassed 19000$.
Now we had another bad episode in December and it looks like the history will repeat itself. This would mean much higher levels than 20000$.
I still believe that right now the market is strong enough to pass this moment, meaning that we will not go too low before the next growth.

Too many just wait the right moment to post against Bitcoin. There are far too many "bitcoin doomsday" posts. People, use your brain and think why this blatant manipulation is attempted.

I think YES, because bitcoin is very old currency with many downside. So many new cryptocurrencies and crypto technologies more, more better and interesting.

So what if bitcoin is very old? it's the prime currency of all so what do you think about fiat? It has a lot of downside too.

Yes so many new cryptocurrencies that are totally useless and just came out from the idea of bitcoin.
It's better to consolidate and everyone just invest to prime crypto which is bitcoin.

I think so BTC will reach 20K anymore,if whales take 5 to 10 percent profit then BTC will not survive in 10K place will definitely go down further drop cause whales can lower market price.Currently the whales are not moving on BTC or any other ALT they are staying for a surprise attack this year.

Slow movements to the higher direction, it's more showing that today., there're more traders than investors.
It will be reached again or not, I'm sure most people are still many who expect the price can go back to 20k. From many predictions it can't be sure that it will reach it or not, let the time that answering it.. because there are still many things we do not knowing from what happens next, which it can affect to the price.

I'm just optimistic for that, and keep do the best effort that can I do.

Have you any fact or figure stating the argument for the point you have put forward and if no then its totally useless.The last year traders get profits which they can't even imagine because of the huge price boost and now it's the first quarter of 2018 and your are asking these things.The whales have tried everytime harder to put it down and gain profits and it had always show its potential.If you dont seem any future in this market you can leve it as there is full year ahead and true supporters of btc know it will rise again and mock down every obstacle in the way.And $20k will be achieved soon.

Hopefully, someone will hear your advice and get out of the train. Well, by the way, last year most people predict bitcoin will touch $ 10k at the end of the year based on their special calculations. But the reality is different, bitcoin was able to penetrate 2x of the number is one cause because viral bitcoin that managed to touch $10k. It does not last long, massive sell occurs after bitcoin records ATH, and until now bitcoin is still stable in the range of $ 10k- $ 11k. So let's just say this point as the lowest bit of the current bitcoin, and the bitcoin's transient prediction will reach $50k, but it could be that it returns with 2x the prediction.

I really can't believe how many times over the past few years I've seen people project the current market conditions forward indefinitely because they can't think beyond the now. Really interesting example of limited human thinking I'd say!

Took ages to recover though, didn't it? The MtGox collapse happened in 2014. The price didn't bottom out till the end of 2015 at $170. And then it was a slow painful climb back up in 2016.

So if you bought just before the MtGox crash, you had to wait three years to see the same price. At that rate we will have to wait till 2021 to see $20,000 again.

I pity those who lose their patience and being tired fast enough and surrender because they came here for short small profit.. They don’t hold bitcoin as they don’t believe it has future,, but they can’t see it for they are blinded by fear.. If those users in the past have the same characteristics as the new investors now,, then they should’ve not been a millionaire investing on crypto in earlier years and patiently waiting for the right timing..

You are just racing on the current price alone, your thinking is very short to state all that. This is not the time to give up even last year many predict the price of bitcoin down, but kenyaatannya turned. No one is accurate in predicting this, nor are you. We pray that I hope the price can reach 2x from the maximum price ever reached bitcoin in 2017.

That is a very big possibility,it might even go above 50,000 this year.

We really don't have regulated exchanges, I mean real regulated exchanges. https://www.engadget.com/2018/03/02/japan-cryptocurrency-exchange-regulation/

We are starting to see action from different governments about ICO's and cryptos in general which is a good thing. People seem to fear regulations but we need them, all these crappy exchanges are not helping the crypto market.

Most noobs are leaving the market now, volume has dropped and we won't see them again until we breach 20k again. All the hype will comeback soon enough and another crash will eventually happen again.

Yeah, Bitcoin is having a lot of global supporters and I believe they won't let it down. Moreover, the future of this currency is quite unpredictable since one never knows what surprises are waiting further as the currency is too much volatile and have the ability to rise drastically. And I think the market will soon gather some momentum thus making the price of bitcoin quite high priced and it surely get over 20K$ before the year's end or even higher than that of the expected value...

Why don't use Waves, Ethereum, NextCoin, Nano and other perspective technologies? Bitcoin community can's make something modern for modern time unfortunately. Bitcoin is dead! But alive again ;D

Bitcoin is the king of all crypto or we can call it as mother of all crypto currency, last year when Bitcoin was trending around $1000 everyone said it cannot reach $5000, but you know what happened? Bitcoin reached $20000 in December. Now Bitcoin is trending around $10000 and you think that it cannot reach at least double?
 
Experts of crypto currency have predicted Bitcoin would reach $60000 around July to August. Just wait and watch the show.

Nobody can really predict bitcoin price, if you believe in the technology of bitcoin than you should hold and wait for better times. Otherwise there is no point in holding your bitcoins.

dont stop before you try but if you really fear that bitcoin will never reach 20.000 again, i suggest you to withdraw from cryptocurrency world, because there is nothing you get here without any hope.

I am sure everyone said that bitcoin can reach 5000$, also everyone said that it will reach $50K and I don't see it has reached $50K.
King, mother, father, well it doesn't matter, what it matters is what you can do with it, how many people are using it and how many stores are accepting it. It can be all of mentioned(mother,father,uncle) but if no one is going to use it it will become worthless.
This is third time today I have read word experts  ::)

I disagree. That is just a simple way of thinking and reading and researching will help to get a better picture of current and future state of Bitcoin and cryptocurrency.

Ridiculous OP, I feel we could be at the beginning of a significant bear market but to say we’ll never see $20,000 again is fucking retarded. It’ll take a while, there’s hardly any positive news atm but it will happen.

Let's be positive price can recover maybe it is the time for drops down of bitcoin price. I think bitcoin will reach $20k again this year. Remember, it is early to say it will never reach $20k again, I can say possible this mid of the year.

This is rly hard to believe to be honest !

Even how optimistic you/we are, there are people who lost their hope and started to have a pessimistic mind. This year is still on the first quarter and its about to end and there are three more quarters remaining or 9 months so give it time for bitcoin to recover. The high dump is not an easy amount to recover as long as bitcoin is still more than last year's price, it's still better and higher than before. OP must sold all of his bitcoins and don't intend to buy so he wants other investors to worry about it. Many speculations said that bitcoin will be dead so if you are saying that it will never reach $20,000 again, let's see.

Bitcoin has been told to be dead for a million times, no for a gazillion times.
How come that the community can't do something for modern thing?
Isn't the blockchain technology idea came from bitcoin and all of these alts are just copy cats?

Majority of global supporters that bitcoin have are newbies or new investors.. The reason why the market is so volatile because they have not experienced it before,, vulnerable for intense pressure and emotionally fearful of losing.. Even the market is unpredictable I can’t see any valuable reason it won’t recover again to its peak price..

Think about it,, a boat in the storm with many passengers are mostly kids,, what will happen? That’s what we have now and they need to mature for the success of crypto..

Every technology have some deffects


Sometimes billions dollars not enough for making something simple, useful and helpful, because long time played in other game.

Blockchain technology is not from bitcoin but from nature same like global computer system.

Whales are pumping bitcoin so it is possible that it will reach and probably exceed that height just be ready when that event happens. The swing is very normal but day trading is not a healthy habit because you might lose the potential and opportunity.

May we not put an end into these great technology, it is much better to have a positive way of thinking rather than of having a down fell emotions cause it won't help at all. We all wanting crypto to be with us for long and taking such advantageous way of earning, that's why we should help it to survived from crisis we face today.  

I think op is saying the truth and I will really change my trading strategies because the whales are really determined to take as little profit as possible. I have to accept this reality and work base on the facts. However,  as the whales are playing this game I think new investors are coming into the market and the more we have them the more we have new idea and intentions coming into the market. Therefore, the future is very bright and we are having another push in time to come were bitcoin is going to cross 20,000 dollars

If the whales actually play this game, the bitcoin will not return for $20,000 in a short time. I dont agree it will never reach 20,000 again, it will come back for a long time but it will be more reliable.

Me too. I strongly disagree on this negative idea. Its too early to speculate. We know that bitcoin value is still adjusting. No one knows when will be the big spikes of increase will strike. But i believe there'll be a huge increase of price this coming end of the year. We"ll just wait and see!

Bold statement my friend. Very bold statement!
And of course I don't share your opinion.
Whales exist in very market, and still they are going up.
And compared to all those other asset classes out there Bitcoin is still very tiny and low of liquidity.
In 5 years you will see Bitcoin having a $1-3trillion marketcap. Now do the math what the price will be then.
Whales my slow down the growth, which to be honest, isn't that bad. Otherwise we may end in a crazy mania where many people could get hurt very badly.
But whales can not stop the growth. And we do the opposite in a long term when you own tens of thousands of coins and try to suppress the market. This is done only for a short while to accumulate more and  get rid of the non believers and weak hands, like you.

Whales really does exists even before in the market. It so happen this kind of situation in the market was already handled previously and other users can manage their investment in bitcoin. Whatever others or even fuds does still being positive is the best in the future and it may sounds good that $20k may reach again.

In the real world no man can knows what will happen in the future so, we cannot say that bitcoin is never reach 20k again its because bitcoin price is changeable and there is the possibility to double its price its depends on the situation. 

if you look at the current market moves, it really fits the money you say, but I still believe that bitcoin will still reach a high hargav, though not anytime soon. but sooner or later, this will happen and we can not deny it anymore,

@bigink

Do you have crystal ball or some super power that allows you to see the future? How the hell can you say that: " Bitcoin will never reach 20,000 again "

I read the title of the thread and I was scared and I click and I see that it is another assumption without concrete evidence, just assumption


This is just your guess, you should show proof

I agree to some degree.

I will not say "never" because if Bitcoin is still around in 50 years than it will be higher due to inflation alone.

But I think we will not touch 20k again in the coming years.

"Maybe" around the next Halving Bitcoin starts to climb again, but if could be very well that the Halving brings a price pump from 9k to 14k and thats it.

What makes you sure that it will never reach 20k$ again? And what makes you sure the WAHLES takes the profits? And even if they did, it turned out that the price had already reached 20k$ and I am sure it will reach that again and surpassed it even more. You should not underestimate the potentials of bitcoin because once upon a time, its price was 200$ and people were wondering if it was going to reach 1000$. Look at it now. Nothing is impossible.

and thats what im always telling this weak hands,that instead of staying here and crying whenever theres a prie drop better leave and never comeback in this forum,we dont need them to continue living with this,bitcoin price is just under correction and many issues had happening this days this maybe the effect of this bloody market,but we are assured that when this coin start to finally recovered they will regret this kind of topics

Sorry bro,but I actually can't appreciate with you because I believe that the price of bitcoin will increase and reach $20,000.I think bitcoin has already recovered the dump and
the price will start increase again.May be slowly because of the influence of the Big Whales,but will reach 20k.Here, just the time is fact!!

How can you be sure of it? How many whales have you heard about? The number of people, who support BTC is greater, thus it can reach its maximum again.

The problem is that when a whale repeatedly wants to buy at, say $9k, and sell at $10k, there should be other traders wanting to sell and buy these amounts, respectively. Such strategy cannot work forever, when it becomes evident for everyone, it simultaneously becomes useless.

These cyclical "Bitcoin will never reach X price again" are great, because it puts things into perspective. It's fantastic to revisit these classics when they become deprecated as we do in fact reach new time highs.

It's also an excellent way to tell when people are being overly pessimistic, and therefore a bottom may be looming. Every time we have people saying we are going lower after a big crash is a sign of how you need to start getting ready to buy.

I been right since the day I created this post. Show me the lie?

Once the market become bullish again those whales can't do something about it, they can't still beat a million investors that want's to buy and hold bitcoin. I'm not being too optimistic about bitcoin but what i am just saying here is that whales will never control the market forever.

If TS statement was true, the price would never have reached 20k in the first place..

We are simply in a sideways movement at the moment where price is going up and down with swings of about 15-30% weekly. Nothing too crazy for crypto imo.

I don't think that the only whales are crossing the lines that bitcoin price will may fall down. We never know the future of bitcoin. All I have to go is waiting until bitcoin may rise again. There are many reasons why the priced of bitcoin will not stable. I have positive thinking that bitcoin can reach $20,000 this year.

Those million investors you are referring to are waking up... They see the market go up and down everyday which means no profit to a HODLER but a trader its the opposite. Whales have offsprings too.

Long term predictions like bitcoin will reach X value by theb and then or bitcoin will never reach Y again are stupid because they are based on short term prepositions.
OP thinks that it will not reach 20k because if you look at last one or two months it really looks like growth stops when price reaches certain number but if you look at last two years we can agree that general trend is good so we can expect new ATH sooner or later

Bitcoin is for long term investment, we just see how it pumps last year that people putting too much expectation in it, but I believe that it is still able to do so, holding while doing trading of some alts works for me.

Just try and see the big picture about bitcoin ofc the price cant go UP and down like crazy all the time ... be patient

I am convinced and believe that bitcoin will reach $20 k more because a year ago bitcoin never reaches $20 k until finally falling to the present in the bitcoin number $9,000 but I see that the graph of the movement of the bitcoin already start to rise again and this is a good sign for bitcoin it reaches $20 k more in april this year

People who are talking this way totally lost their hope to bitcoin. Sold at the dip and bought during all time high's. There's no hope for these type of people, no wonder when the price goes up again you are getting out of the scene and I want to know where have you been by those times? I'll go back in this thread if someone up it again when the price is $20,000 or more than by that time and will just laugh on this.

Bitcoin's history is littered with such threads. Each time, it is the same story. Meet back here in 5 years and we'll talk.

of course that is very likely to happen, we once were at $19k in january ago and to reach $20k is not impossible thing, bitcoin continues to grow and grow of course the price will also go up in the forward, do not speculate bitcoin will not go up. because maybe it will make others hesitate, trust me bitcoin will definitely keep going up

do not say that word ,when bitcoin crash form 1156 to 198,so many say bitcoin will never reach 1156 again ,now is 10000.i think history repeats.

I don't want to make negative speculations about bitcoin's future. Specially on its value because I only want all positive about it because that is what many people want to happen. It happened before there is no reason it cannot happen again. All good thought about bitcoin is what I want.

If that is true, then why do you still here in bitcoin forum or I think you still have your bitcoin, then if that's what you think then sell all your bitcoins then leave it at way. I will still hold my bitcoin even if bitcoin price will not reach for up to $20k, it is still a good way to earn.

Yeah it can happen again. A drop and then another rise and then a drop. It's a cycle that's normal to crypto and not just with bitcoin but with all other alts as well. You can really say never. By the end of this year, we may have broken that 20k barrier several times and it could very well be a support line already

Bitcoin will never reach 400$
Bitcoin will never reach 1100$
Bitcoin will never reach 2500$
Bitcoin will never reach 8000$
Bitcoin will never reach 12000$
Bitcoin will never reach 20000$ <-------- You are here.
Bitcoin will never reach 50000$

How do you think the price of bitcoin reached the $20,000 last year then?  It's not only the whales who can manipulate the bitcoin's price, there are lots of factors to consider. Besides, it is expected that the market will be like this in the first quarter of the month. You can check at the coinmarketcap.com that almost all coins are red at this time of the year.

Yeah, bitcoin has died a few thousand times until now... Now that regulations are taking place, which is a good thing long term, we might see some short term pullback but eventually it should surpass 20k

''CEO of deVere Group Nigel Green said: “Demand for cryptocurrencies is set to sky rocket in 2018 as more people get to know about them and use them, and as the interest of governments and businesses, and more regulation, demonstrate how the market is maturing and becoming ever-more mainstream.''

The total market cap is still minuscule compared to other investment options like stocks or fiat. There is potential to reach 10T+ marketcap, that's when the bubble might really burst or it could go higher, no one knows but the potential is there and it's real.

Bitcoin is sure to reach the level of 20K+. But that requires change. Last year, the peak of price growth was provoked by hopes that there will be a transition to segwit2x. But it didn't happen. Perhaps this was the reason for the beginning of the fall in prices. Did the rest panic. Any news that there will be a prospect of solving the problems of transactions can again provoke a rise in prices.

Many expect in crypto had stated , bitcoin will reach 30,000$ by this end of the year.But the price is growing in very slow manner.As like last year ,now it's not possible to grow in tremendous way.Now the price is just increase in 5% every day.Soon we can expect the sudden raise in the price of bitcoin.

really?how did you know that?are you with them?lol ,bitcoin wont just reach $20,000 because he will passed this record and will take another high this year,you dont have to do this one mate,you will never succeed making us panic and were a strong holder,we dont only aim for $20,000 but for the double lol

Mass media brought in "people from the street"

You can do this only one time ...

Why such panic? Bitcoin will reach a higher level. $ 20,000 is not the limit. Everyone who spreads panic, I recommend you to sell your coins now. You do not believe in the future of bitcoin? Why would you keep the coins? But know that you will regret it all your life. I do not like the fact that such rumors spread by someone who holds their coins. You can't get rich at our expense.

I think bitcoin will surely hit A NEW HIGH up to $20,000 this year. And possibly the recent dumps in the prices of the bitcoins are the reasons that make you feel that this is not gonna happen. But if you see the market trends closely, you will be able to understand and grasp the market knowledge in a better way that will help you make much better and intelligent interpretations.

I think for the summer we are waiting for 3 waves, but you need to wait a bit

Sounds like good advice generally, but I'd avoid putting the time span of less than 1 year on any price prediction. If you lived through 2014-2016 you'll know why. Over a longer time period, say 3-5 years, I'd agree with you. People need to learn to be patient with Bitcoin, it never has and never will just go up straight without the downward volatility.

There's 2 scenarios right now:

1) We fall to $7500 and then we keep seeing no floor all the way down to august levels, completing a bubble cycle. This would be ideal for long term holders, since we would get rid of all the idiots that can't hold and panic sell. We load up on coins then the rise to $50k starts.

2) We sustain closing above $8000 ish for the duration of the month, and a rise to $30k-ish starts for summer seasson, ruling out further FUDdings similar to MtGox crap.

Im hoping for 1, simply because anyone with a brain should be hoping to increase their BTC wallet and not their USD wallet.

Yeah gotta get back after 5 years and see that "never" go back again idea.
Don't ask them why such panic. Today, it's normal when bitcoin price isn't moving positively there are people who will take of this advantage and will tell to the people that it isn't going to move any longer. And when bitcoin is getting higher, you can't hear any single word from them because they are silently taking profits.

I am sure that no one will be having a different opinion than you regarding the price of bitcoin reaching another all time high and crossing the twenty thousand dollar valuations,it is possible in the long run but never expect to see another rally when the market is waiting for regulations from around the world,to see a good rally we need to have a good market condition and i do not see that moving away in April.

The whales move the price down everyday.
Without whales we will touch 20000 easy.

Their is always whales that price down daily. But I am thinking price could reach this year into $20,000. Their is always the possibility it will take place. Maybe this nearing months we can see it reach $20k, who knows the market is up and down.

The whales also make the price skyrocket, I'm sure they're preparing big scenarios and maybe we'll get a big surprise at the end of the year, maybe we'll see a price of at least $ 50k at the end of the year.

The bitcoin price is currently around $ 9100 and I think this is a regular phenomenon as early as the year, we'll see prices skyrocket when prices are past $ 15k, and I'm sure before spring it will happen.

The bitcoin will surely grow to $20000 and will be more expensive. The market is very changeable If to buy today bitcoin that by the end of 2018 it will rise in price surely. But it is necessary to be able to wait. You get good profit

Well, I am with bitcoin since 2015 and remember such "depressive times". I remember how it gained 1000$ and then back to 400$ and a lot people was saying "it will never gain 1k$ again". Now its 9,000$. Yes, maybe we will need more then 1 year to return 20k$ but I am sure we will. It wasn't last pump of btc I am also sure. We will have a few bigger pumps in future BUT now is depression period. Wait some month and it will start recovering.  :)

Yep, there's no perfect system or technology but embrace what's good with it.

It may not be enough in your perspective but it is enough to make something useful and helpful.
It's not simple to have billions of dollar that is allocated for something.

It's the origin and started it all.

At first my strong apologize for my words.
I won't agree with your point. Bitcoin price will get back to 20k$ very soon.Now the demand of bitcoin is increased due to low price. And it will increase the bitcoin price indirectly.Henceforth the price of bitcoin will reach the maximum raise in a month and in two months it's possible to see the 20k$ peak.

Nope the title is untrue almost certainly.    I will bet a bag of beans Bitcoin will reach $20,000 again simply because the US dollar has far greater troubles then bitcoin overall.     I would just compare it to the old Russian Rouble which has an exchange rate of 10,000 to 1 for the new Russian Rouble.      Esentially that country had to default on its obligations as a government because it could no longer service them reasonably or pay the interest and levying enough tax to pay the debt was not feasible either.

This is the situation facing USA and I presume why dollar devalues greatly as every Treasury bond pays out in US dollars.   So they will soft default and repay in dollars of much lower value.

Back to the OP and thread title, this greatly helps the exchange rate to bitcoin.   I'm not saying 20,000 bitcoin will be as great an accomplishment but its quite certain it will occur one day.   The only 1% doubt I have is that the protocol is not continued for long enough parallel to dollars, but I think it will.  [I guess it could be banned by law]

Maybe you are not aware of what exactly happened last year that has to move Bitcoin to $20,000 and what happen to Bitcoin that it's value has decline to the current of around  $7,000 and so on. Bitcoin value not reaching  $20,000 is an understatement of crypto currency community believe.

We should always think that bitcoin is a future asset, if we sell now then we will regret for selling cheaply, if we look for a few years then when the beginning of the year looks hard to rise, the price will skyrocket usually after August, so the price of $ 20 k will be easily achieved in this year.

well, we will not know what will be in the future. I still believe that bitcoin prices will reach that price. well, maybe right now, bitcoin has not shown anything significant, which can make the price get high, but, I'm sure in the future it will come up.

As I said earlier, we needed to close above resistance level coming from the previous dips, on that formed line, in order to not enter panic mode, and we didn't, so we are crashing. If we go below $8000 it isn't going to be pretty. We could be looking at $7000 as the next resistance point, drawing a line from $2955 and $1830, september and july respectively.

If that doesn't hold, we may be looking for a triple bottom at $6000. If that doesn't hold.. oh well, we may revisit lower prices, which is awesome because it means cheap as fuck coins to pick from.

I get your point that the bigger players are hindering the growth once there is more than a 10% growth, however we have seen it skyrocket before so I think it's just a matter of time. You gotta have faith!

I just saw it go to 6k and then back to 10k, so 30% rise in a month. Is that bad? Does that mean the whales will sell at every raise and won't let people profit? No, it doesn't work like that. You're allowing your emotion to drive you and you're adding to your negativity by writing those sob stories about newbies panicking and crashing the market or whales not allowing the price to rebound. We had a huge amount of Gox coins being sold in a short period of time and the market had no time to digest and redistribute this. It will regulate itself in time.

Please don't spread FUD without proper backup.
If you take a look couple of year ago, it's no where near dip from the event when Mt. Gox got hacked and collapsed.
Be patient. Trust in Bitcoin. It's still in the experimental phase. Once the market adoption is growth, it will only keep the price nice and steady.
 

That's probably one of the reason why bitcoin might not reach the $20,000 again, but we all know that bitcoin is unpredictable and no one knows what will actually happen after this deep dumping price of it. But who knows? It might be also the reason of a sharp increase of its price that's higher than what you expected.

Ironic thing is the time to be bearish is not likely here or now.  Fair enough if you could foresee 20,000 as a sell but to expect a straight sell at every price is not close to accurate.   8000 area is likely strength that will work to discover if the 200 DMA is now an area for the ceiling.   8000 was a low in November before BTC gained alot to 20,000 and its also been an area for hesitation even with negative price movements since then.

Who knows what will happen. Nobody. All this things were just speculation. However, the decline of the asset's value, it is often temporary and will always go back up. It will go back up.

I believe this is the consolidation stage in the market wherein it could last until Q4 of the year. $20k is not impossible to reach again by the time when most corporations and the public have adopted the technology behind BTC.

We cannot expect Bitcoin to be in a higher price always, crypto market is volatile and anything can happen at anytime. Bitcoin is not the only crypto which is down and you can see the list that almost every crypto is down. There are many reasons for this but the current price is not actually worrisome. Be calm and don't be panic and make others also panic.

Bitcoin would reach 20k within this June or July as per experts prediction.

 :) :) :) :) :) :) :) :) :) :)

Just keep calm and watch the show guys, bitcoin will scyrocket again it ll happen soon

30% within a month , we can imagine if the situation run continuously what would we get in the next 3 or 4 months? Back to $20,000! We all know it's frequently happened in crypto where the price movement are so quick , up and down yeah. About the big money from mt Gox spent and sold at the market causing this stuck , I would agree , it's crazy really to sell your 300,000 Bitcoin in hurry . 20,000$ seems still realistic to reach but yeah of course not now.

We've seen prolonged bear markets in the past. This really isn't new. Give it time - Bitcoin will do fine. The tech is more exciting than ever, and applications increasing as well. Lightning is definitely a welcome addition as well. We'll see what it all adds up to in 2020!

Just refer the data in CMC. In 2January 2017 the value was around $1000 and reached $21000 in December 2017. Now check the price in January 2018. It was at around $9500 to $9000. Compare the value of January. We are at a good stage at the beginning of 2018. I am sure the price would hit minimum of $30K by end of December. It may go more than that. Lets see.

It will make another ATH, don't panic ruin you. Bitcoin already proves itself.

Well we cannot predict what will happen in the next few month since market are in the red blooded situation and most people are afraid in this event happen to bitcoin and the confidence to bitcoin turn to stressed but I have high believe it will be back to normal.

Bitcoin prediction from march to april
Bitcoin price prediction for March 2018.
In the beginning price at 10409 Dollars. Maximum price $11704, minimum price $7304. The average for the month $9772. Bitcoin price forecast at the end of the month $9672, change for March -7.1%.

BTC to USD predictions for April 2018.
In the beginning price at 9672 Dollars. Maximum price $11228, minimum price $6439. The average for the month $9458. Bitcoin price forecast at the end of the month $10493, change for April 8.5%.


Look at this image below, sorry but the situation is so painful hahaha

https://i.imgur.com/piDjzND.jpg

A BIT much...

There are many people who are panic about the present situation of the market, in the last year we have seen there is an exceptional growth in Bitcoin. People who are expecting higher price they need wait another 3 or 4 months, in crypto the major thing we need to have is Patience.

Not every Bitcoin investor is a margin trader or a whale. A lot of them are medium-term or long-term investors, who doesn't care much about the daily price fluctuations. IMO, the recent slump is a result of government actions in Asian nations such as India and South Korea. Within a few months, we will be able to recover from it.

That's seems to be unclear whether bitcoin will rise up to 20,000$ again early or before this year ends (at its best) or will not if it will come up short. We just hope that the demand of people in bitcoin will go up high so we can really expect a real come back of bitcoin.

It is absurd to think that it will never reach a market value of 20000 USD just because the price of it is currently falling continuously. We just have to wait and be patient. The thing that we are experiencing right now is just a part of its volatility and is hundred percent normal. Since the price is low at this moment we should more focus on investing and holding. Just wait until the increase take place

I think easily Bitcoin will reach 20000 mark and beyond that by the end of this year ,Just hold BTC and will bring the magic for you.

The current price of Bitcoin last November 25, 2017 was $8,344 USD which is almost the same price that we have today. 22 days later, Bitcoin climbed to $19,000 USD last December 17, 2017. Take note that it took only 22 days to reach $19,000 USD. So to your comment that "Bitcoin will never reach 20,000 again" its too early to close the door for that to happen. There's too many negative signals that make the price of Bitcoin go down versus positive news that will help Bitcoin price to climb up again.

Not the whales but the market would realize that $20k is a very much inflated value for the asset. I'm in for bitcoin but I strongly believe that the $20k peak from last year was just a one-off and market corrections would remain steady at around $11k levels. 

Exactly. So it possible to go to $20K again but the problem is that we are getting to used seeing bitcoin at 5 figures that's why most of investors got burned on that faithful December madness. But it has proven that we can get to $20K but just a strong positive signals coming from the market speculators.

I'm sure that $20K can still be hit at the end of the year. We still have more than nine months to see a bullish run and ended up to even more than that.

just calm in 2017 yesterday is the beginning of the beginning people know bitcoin and make the price very mahahl, so I hope you can be patient and you buy some bitcoin when the price is very cheap like this.

I don't think you can ever say never.  But at the moment it doesn't look as if 20k is a possibility any time soon.  New people who have been watching the market will be cautious before buying because every time the price goes up it falls again with in a day or so.  And folk who have already bought and seen the price go down will be cautious too.  I read that even day traders are losing money because the price is so unpredictable. 

Why such a negative idea? All we need to have faith. The downward trend is part of the investment risk and so as the increasing trend. 

it looks like bitcoin will still be able to get back to the $20k price and chances are this has got to be very good news about bitcoin usage so all countries and all investors can buy bitcoins and automatically will make the price easy to $20k. you better keep what you have when the bitcoin price drops because if you sell it you will surely experience a lot of losses.

I thought that bitcoin price won't hit certain levels in the past too - I thought that $100, then $1000 then $10000 are at that time impossible to reach.
The current price of bitcoin (and last year ATH od $22k) proves me wrong every time - I don't think that we won't see $20k in the future.
It might not be this month or even this year, but I assure you price will be MUCH higher after next halving in 2020.

just relax bitcoin it would be easy to get back to the price of $ 20k again because the rotation of the price will always be there, not forever the price below and not forever the price is on top so do not be afraid the price will definitely go back up when there is good news from bitcoin and media it is definitely going to be easy to recover the price.

What is good news?

We can never tell that because i believe too that 20K$ is not yet bitcoin's highest market value. Per experts' review and average prediction about bitcoin and the cryptos, bitcoin will likely have a value more than what was being recorded last year.

Usually the bitcoin price will skyrocket by the end of the year, and I'm sure that the $ 20k price will be reached before August, look at the current price that is approaching $ 9000 and next week will be above $ 10,000.

it seems that the bitcoin price increase yesterday because of the news about the digital currency in social media so much from it I conclude bitcoin should need good news to get up to $ 20k or more, so just wait until there is good news.

well, this is the beginning before bitcoin prices reach $ 20,000. now, bitcoin price growth has started to improve, and maybe in a few weeks or months, bitcoin prices will pump again. well, we look forward to it

I'd like to stay positive and I do believe it will reach $20k again this year. The support has been real after G20 which helped btc to gain some momentum to counteract the market. There is also a chance that we will see a better pricing by 4th quarter of this year.

Positive news from the G20 was a great help for the current Bitcoin price, the market seems to have returned from the gloomy day. Waiting for bitcoin will break the record as it did in 2017.

Yes bitcoin will to.amgical mark of $20k sooner than the expected time and all it need is our support and trust because we tend to sell out bitcoin even in the slightest dump which cause more impact when there is a dump.

Yes or no both could be possible...no one could accurately answer that, but for me as long as there are a lot of investors who believes and invest in bitcoin, and many users keep supporting bitcoin i am optimistic it will even go beyond and  more than 20k, the market is just so volatile nowadays but i know this will be recovering soon and go back strong and soar again in the sky.

I think bitcoin will be easy to get back to the price of $ 20k again which in need is good news from bitcoin around the world and it is definitely the price will be easy to ride I hope you do not easy to give up.

not just $20,000 but were going to $30,000 this year..if we passed this $9,000 resistance and get the $10,000 within this week.then the targey is pumps for recovery and returning back to the last december price and above

Nope there will be no easy way for anything to get pump for quick times but if the supporters will came back and buy more BTC then provably we will see the bitcoins cross again with 20k$ or maybe more since there's so many speculative figure given by some good speculators and maybe one of them will came true since the provabilities still intact.

I'm still believe in bitcoin it will reach $20,000 again but for now bitcoin struggling because of FUD. I'm sure some big whales will invest back again in bitcoin to make more money. 

Quite sad news for those looking out for bitcoin's value. I for myself am constantly on the lookout and have been investing my emotions on this. Been trying hard not to get affected but the way i see it,i guess before the year ends the biggest that bitcoin can achieve is on the 10k dollars Mark only. Just being realistic.

Apparently this is the real truth about Bitcoin and its prospects. Despite the fact that Bitcoin has fallen, we should not give in to panic And support the market, Because there are monetary coins that are strong and productive. because of our market situation, a lot of ico companies just fall through to the bottom.

Whales are always there in any kind of big currency business or currency related market, do not worry because of them and there is good things to happen for Bitcoin and it already started couple of years before. The price rise and down is always there since crypto market is volatile and we cannot blame on the Whales alone for the trend and there are other major factors affecting the growth of Bitcoin.

I really agree with what you said concerning the whales are not the only the cause of the down in price of bitcoin because they don't like to loose their investment. However, they have hear things concern the  market from reliable sources right before we hear them and the people we should blame for the down in price are the people (Bill gate, Master Card CEO etc.) that said FUD about bitcoin.

I think that most people say that Bitcoin can not reach the $ 20,000 level again, unfortunately this is quite likely. For this reason, take control of your investments, and do not increase your expectations.

To many people are in doubtful mindset right now since the current dump happening is so bad to see but if they escalate things and look for the brighter side of it then maybe they could agree for those people who predict that bitcoin would reach for 20k$ again. But let see since theirs so many thing will be happen by this year and maybe we can witness the new ATH after those fuds thrown away.

How many times did i see this it will never reach 1000 again and look we came far from it. It will again be 20k and again it will be far from it its only matter of time. Nothing can be achieved without patience and this is prime thing in crypto world. If you dont have this then you wont have anything or you will on zero most of the time. Until probably next halving we will remain on some stable line with some small ups and down in price and think this year will be like this then we might see some improvements in price for next year.

We basically need a new wave of investors or someone like Amazon to come in then you will see heights like you have never seen before.

If amazon will came to enter the bitcoin scene well we provably experience a huge pump coming with bitcoins, But i bet they will do that for now since surely they will be listed on watchlist by the government since bitcoins is still considered as bad money by the government.

I beg to disagree😊 what we are experiencing today is normally happening in the money market, fluctuations never tells where to go, either high and low both will come along the way, this present struggles of bitcoin will surpass and get back on pointing high again. So for me it will not just reach $20,000 again, but instead, it will even go more than $20,000, i am positive of this, and will always stay positive forever😊

in my opinion of course bitcoin price will be able to go up to $ 20k again and it seems very easy if there is good news from bitcoin and other cryptocurrency so we can just wait for good news from bitcoin if you get stuck in high price then hold coin you have do try to sell at a cheap price because it could make you a lot of loss.

i never lost hope for bitcoin and i believe bitcoin will reach to that price again and we still have much time to do so but sometimes bitcoin can provide unpredictable moves that when people pessimist bitcoin will reach more than $15k but bitcoin able to do that and i think in this year $20k is new achievement for bitcoin

Do not be pessimistic, I'm sure that soon we will get $ 20k price, there is no good reason that prices will continue to fall, the number of users continues to increase to make the price will continue to rise drastically, this is just time and I'm sure it happens soon.

Yeah it's always the matter of time , and people never be patient . Especially when it comes to making money , they would looking for the quickest one. $20k or $50 in the next 3 years should be a realistic target, can we make it happen? We need more mass adoption , and it never easy.

Bitcoin will increase again the price like 20k dollars and for sure if that happen you will earn a lot of profit again.
If we support all bitcoin we will see our target price. Those people who said bitcoin will not reach 20k dollars is for sure those people who don't have bitcoin so if the people panic selling and the price decrease they have chances to buy bitcoin with the cheap price .

How did you know? Have you seen the future? or you just said that base on what the price is performing right now. I still believe we're going to see $20k again in the right time. Btc did bounceback before, so obviously btc can do it again. I know $20k is a lot of money but if you will think $20k is kinda too low to become the highest peak of btc.

Many have said the same thing as yours few years ago, btc will fall, back to zero, it won't go up and any other FUD but they are all wrong when the price goes up to 5-digit. So there's also a big chance that you're wrong as well.

Well, if bitcoin will never reach 20,000$ again, it's still alright since there are still cryptocurrencies around that can give me real profit the same as what bitcoin has given to me. :)

kinescope that from this forecast I generally will not be sad, because for today I have already managed to spend all my bitcoins. There was no time to wait for the price increase, but there really are much more promising coins, where you can invest and than trade.

I agree with you. We can still make money from different coins and there are likely hundreds of coins around the market and we can make money as many as we want if we know how to trade appropriately. Just pick a coin and hold if you do not know how to trade

I really wonder. Even without having faith, nothing is going to stop bitcoin from still experiencing a rally which is normal for any market anyway. People always just like jumping into conclusions based on the present and the same way people like OP jumped into conclusion that bitcoin will never go lower than $10000, the same way they are jumping into another conclusion now.

We do not know anything and we cannot see the future, so I think it is best we stop with all the bullshit and baseless prediction game.

Never is a long time.. I'm rather confident it will, this year or after the next halvening.

I disagree. Just because its not happening fast like it was at the end of last year doesn't mean its value wont increase again. My opinion is it definitely will surpass $20,000, like someone else just mentioned the dollar is continually decreasing and the future for fiat currency is looking pretty bad considering the debt of multiple governments and countries. The Whales don't control ish either they are actually helping, but that is also just another opinion of mine. 8)

it is very hard to predict what will be the result of the price of bitcoin now.we all know that bitcoin can reach that price if we have a patience in life,we have to wait for the go signal and i know that this coming few days the price of bitcoin will be 20,000 again.

That is most definite. We have seen people in the past like OP who thought $10 was impossible to reach and some even though the market was overpriced at $10. Those who have been in this forum long from the beginning will attest to that.

The thing is we all do not know how the future is going to be, but one thing is certain, and that is the fact that bitcoin will not remain stagnant, considering the fact that adoption is even low now.

Who could have thought even early last year that bitcoin would end up getting to that ATH. In fact some people totally ruled out the idea of $5k before the end of the year and here we are testing $6k bottom early this year. How funny is that? We all just keep speculating every now and then but what will be would end up happening and nothing can stop it and I would rather be optimistic for the future than being pessimistic.

Any price can be good but it look like this has been seen already in past we saw something similar in 2013-2014 and we waited for 3 years for price to recover to above 1000 and we saw how much that was last year. So it will some to this 20k but maybe in 3 years or less dont think it will take longer this time for price to reach this goal.

True, even the price reach $20k last november they have big possibilty to reach again or pass that price because bitcoin is still popular in the market. Not now, but for sure next year, one reason why bitcoin reach again that price is the legalization of bitcoin in some countries, they studying how it works in the market. For me this time is a good opportunity to buy instead of losing interest in bitcoin.

What if the bitcoin price will reach again at $20k? What is then your thoughts about that? Whatever the reason of the bitcoin downfall it's not yet over as there's still hopes for tomorrow. If ever it doesn't reach for this year there's still next year. Be positive to lessen your stress level.

You have a point but keep in mind that the money that goes in on crypto is still a small portion of the world so we
still have a high chance to get back to $20k.

No one can even know anything and the OP coming with the NEVER story is just absurd. In fact, saying affirmatively that bitcoin will never reach that level is totally ridiculous. We are not going to keep going down forever and even if we keep swinging for a while, that does not mean that at some point in the future we would not end up testing the previous ATH. Bitcoin is not dead in anyway and we are just starting. Bitcoin will reach one million dollars levels too in coming years but the problem with most of the bitcoiners is that they all are expecting that to happen tomorrow itself and then they will cash out and invest into real life business to secure their future.

To be honest I only sorry for those who rush in buying when price was 20k and many spend fortune on it. Now with this price they seem like there are in abyss but if they just hold and be patience they will be repaid after some time, this year end next maybe in 2-3 years.

Think that they want this price the most just to return some funds they invest and maybe then to think about some profit.

Bitcoin is now stable.

bad opinion, I guess no one will ever know what will happen next. including bitcoin growth, we know this decline makes many people fear and panic. but that does not mean bitcoin will not reach the value that has ever reached. only time will answer everything

20k bitcoin is nothing, you guys haven't seen anything yet. When Bitcoin hits 900k than you can talk about a bubble but right now it's just getting started. It hasn't even left the launch pad!

Absolutely. I just don't get it why these people saying this non sense things when the fact that they'll the one who'll be more happy when bitcoin regains again its value. Of course, aside from trolling he'll be more happy when some panic sells so if someone will be reading this right now they probably losing hope and will sell to cut their losses or from further losses.

Nonsense comments are just flavor on the discussion and let them think about that way since bitcoins has wide range connections which could lead for it to get pump even more harder. Bitcoins slowly enters the business scene and been noticed by huge names in business sector so no wonder that this one will include to the bonds of the stocks or maybe it could rotate in outside world.

Bitcoin is showing signs of life again  :) :) :) :) :) :)

Every whale has its day. At some point a larger one pops along to gobble them up. This will continue forever alongside ever increasing demand from the little people. There comes a point where a tide can't be resisted and a whale's attempted dump disappears in a feeding frenzy.

Of course, the little people are also only too happy to sell to the whale for less than they paid for it, but each cycle brings in fresher and tougher meat too.

I'd say the clearest demonstration of whale strangulation was when the Chinese zero fee exchanges were in full effect. Anything the West did upwards was shat on by China. Now they're all toast too.

I do not agree. There is a lot of pressure on krypton. slowly rising wedge and we are almost 9k resistance lince. ı am not sure but it will rise.

As in the above quote each and every forward move happens in no time. At unexpected time period massive growth used to take place. In the similar manner is the price drop as well, so we cannot say the price won't reach $20000 or even higher. I have the belief that within this year end we'll experience the $20000 mark.

Bitcoin can have any value, it does not depend on whales.
When enough people want to own bitcoin, that can easily surpass the demand the whales can create.
And with enough demand, reaching 20K in bitcoin price is more than possible.

Yes. I think too

Bitcoin will touch 25000 dollars by this year end most probably as per market expectations even 40 thousand dollars also in expectations

Chances of increasing the price is high but for that we need to have lot patience. Already the price is NOT  kept decreasing in the market but we need to have lot of patience because bitcoin price will not increase very fastly.

Just bookmark this thread and necro it by 2019. I'm pretty sure we'll have a good laugh   :D

You know, whales won't be whales forever. If they die holding their coins they'll just get "dumb puny human" stamps on their foreheads on their way to whichever kind of afterlife you believe.

When whales sell and don't buy back, they lose a % of their share. I know most are simply turning a profit, but year after year chances are they're exchanging btc for fiat at some point. Even if they didn't, they would sell all in at some point to actually live their lives. All of us will do this at some point unless btc replaces fiat for good, which is at least unlikely for the moment.

Another important point: have you ever thought why haven't whales sold their coins yet? Most likely because they believe holding can still make em richer. These players can drive the market to 50k if they see potential for profits.

There are several indicators that the price will grow. Just check other threads here and see for yourself.

Yeah you are right bitcoin is rising again and $20000 is not far away. It was its previous highest price a few months ago and I hope that it will reach to 20K again. The market cap is increasing and more people are investing in bitcoin. That’s why the price is also growing and we saw jump in the price from 8000 to 8800 dollars in just few days.

need 20,000 dollars a fairly large level. This year, this price may be out of reach. Although if you compare the year 2017, it may be different if possible.

bitcoin should require good news to get up to $ 20k or more, so just wait until there's good news. And it seems that bitcoin price increases yesterday because news about digital currency in social media so much from it I conclude

When you came into crypto currency world? the prices of bitcoin keeps increasing each and every year so $20000 is not maximum value and bitcoin will surpass that value sooner or later but it will happen.Already the prices are recovering so it looks like another crazy run will happen like happened in 2017.

Disappoint people can say that or those people who are against bitcoin and do not want success of bitcoin. Otherwise the price is increasing day by day and it is not impossible that will reach again to 20000 dollars. If the people trust continues the price may accede than 20000. It is already more than $9000 and till the end of this year it is possible that it will reach to $20000.

Well there's a difference between being pessimistic and being realistic. At this point, 20k is still a long way to go even with the way btc is moving right now since corrections should be expected. I believe in the potential of btc but since i believe that, i'm ready to take the long wait even with corrections happening every now amd then

I appreciate how people are so optimistic about the trend of bitcoin and despite its fall still they are very hopeful. Honestly, due to its volatility, it's hard to predict when high is high or the other way around. This is where Bitcoiners are tested as to how strong their faith and trust are, and the support they have not only in good times, but also on its darkest hours. Government regulations, supply and demand, banning Bitcoin in some part of the world, are  just some of the factors that might affect its value. As Bitcoiner, I still believe that it will rise and make another mark and history in the global market.

This might be not a crazy one as we didn't know how it will approach its price but it looks like it will not be the same run from December 2017. The OP needs to defend more how did he say that bitcoin will not reach $20k. If he believes i wonder why he is still here on crypto because if that won' t happens all crypto will be affected later on.

Mostly think that people who bought bitcoin when it was 20k hope for price to return or recover to this point or at least something close to it. Many invested so much on this but if someone who done this dont panic just wait it will return to this price eventually. Many said that bitcoin wont be 1000 again and look where that lead to so high that again there is same story people think it wont happen again. In year or two from this point it will cross 20k and we will see another ATH.

I wouldn't be so sure that Bitcoin will never reach 20000$ again. No one can't tell that as well as we can't know where the final price limits for Bitcoin are. I beleive that Bitcoin still hasn't reached its peak and that there is plenty of space for further growth. If this will not happen as soon as we would like too that doesn't mean it will never happen again. We need patience.

One should not be optimistic as to whether Bitcoin value never reach it previous height of  $20,000 again because in the in crypto currency every thing is possible. And the said value of Bitcoin in the past should not be seeing as its pick for there is a possibility that Bitcoin market value will appreciate significantly further than the said $20,000 in time to come.

Exactly, a lot of traders and investors are lacking in being patien. Many of us whom are into bitcoin investment or traders because they expect bitcoin to quickly top so that they have their gains. But truth is, that's not how it works. Bitcoin will reach $20k and even more than that but one need endurance to make the big earn.

of course that is very likely to happen, we once were at $19k in january ago and to reach $20k is not impossible thing, bitcoin continues to grow and grow of course the price will also go up in the forward, do not speculate bitcoin will not go up. because maybe it will make others hesitate, trust me bitcoin will definitely keep going up

We are still in the 3rd quarter of the year and price of Bitcoin is slowly rising up. So, there are still a lot of time that it can go higher and because crypto can't be determined when it will go up and down but expected that it will happen to increase as the years are going by.

I don't want to make negative speculations about bitcoin's future. Specially on its value because I only want all positive about it because that is what many people want to happen. It happened before there is no reason it cannot happen again. All good thought about bitcoin is what I want.

Well actually there will be a big possibilities that price will become that high actually more people and more business are incountering bitcoin this is big economy for our world every will hold again their bitcoin. This mid month by june or july it will be that high price.

Ok you can make that argument. But what about when an influx of new whales comes screaming in for the next bull run. Along with an influx of tens of millions  if not hundreds of millions of people on the next bull run? Kinda defeats the OP's thesis.

The trend is back towards bitcoin and now people are investing again in bitcoin because they see huge profit in bitcoin investment. As the investment increases the price also increases. It already crosses $9k how one can say that it will never reach to $20k again. Most people say that it will be more than $20k till the end of this year. but if remains less than $20k, 2020 is sure for this limit.

Yes, Eventually whales and companies manipulated in order to making money. Throwback to the time then you should have realized that dominance will not last long. Those WHALES overconfidence will drown you in the sea of reality.

Anything is possible so reaching first could be price for 12-15k for single bitcoin for start then we could estimate reach of bitcoin price to go on 20k and to stay there maybe for some longer time.
Many said many thing and there were wrong all the time but in price we will see this but will it be this year or next for some this isn't important and for other it is.

In this year 20k is guaranteed! ::)

For me I believe the price of the bitcoin  will become $20k we need only to be patient amd believe to bitcoin and for sure we will see again the price like that. We don't need to panic selling because if we do that the price will dump more and we are affected on that but if we all buy and keep our bitcoin everyone will benefits and for sure will gain more profit and possible to become millionaire.

Agree with you man! In this industry, only people with brave souls are aloud to join here. Well what I mean is that, we have to accept the reality that not all the time, we will have smooth trading or a good price that we are expecting, but then, I can still read a lot of posts having that negative idea about the future of bitcoin and I really hate it. I they think it is happening, then leaver without any regret.

People only look to the small picture while investing in Bitcoin. It's been just years since the inception of the Bitcoin and people are already calling it dead. But that's not the case. Bitcoin is still being explored by traders and investors. Let the Lightening Network come on place which will help in making Bitcoin a better payment gateway. This will push businesses to adopt Bitcoin and this in turn will increase awareness and hence the demand. Stop speculating the end of the Bitcoin at this stage. 10 years are very less to judge or analyze a new type of financial instrument.

Panic sell is the worst thing you can do when price gets low. I belive BTC price will rise if enough new users start to buy BTC and if BTC becomes more user friendly.

Who told you this? Why do you believe it, such pessimistic actions are a stupid thing. Here, the community always thinks bitcoin optimistic someday can be there. Well, to be honest I also do not know when bitcoin will reach $ 20k, I just need to keep it and do not need to panic when the price of an accident happen.

And I'm just sure that the price of bitcoin will reach $ 20,000 per coin. The fact is that when the majority of investors does not wait, as practice shows, this event is sure to happen.

How'd you say so? Bitcoin will reach 20k usd. Just believe in it, buy more and see how it rose up to that point again. Bitcoin has reached that kind of high. It will beat its ath again and again. That's how bitcoin is.

it's really true and nothing is impossible for bitcoin to reach that value, because with so many investors investing bitcoin it will automatically pump its value so it can reach that value. and we all pray only that bitcoin can reach that value in this year

In the near term bitcoin can not reach the value 20k, but for the future bitcoin will get past the value of 20k. I do not think bitcoin will end, and therefore I believe that bitcoin will be able to reach a value of 20k.

"Near term" and "future" are pretty subjective imho.
Bitcoin was down to 6k and many were crying it'll fall to 3k.
Now it's 9k and every tiny good thing becomes a news. Bitcoin may get pumped faster than many would expect...

Views and hopes will be mainly affected on whats the current price we are seeing on bitcoin.If we do see low or dropping down then we would really say negative things but when we do saw recovery then theres a boost up of hope which we would believe on reaching out that ATH once again.This is really a very speculative market and price increase might happen soon or on next minute. No one really knows and reaching 20k again is still possible or even further.

OK, even if the whales are manipulating the prices for the cryptocurrency, why cannot we admit that Bitcoin can reach it previous 20 thousand top again?

The price rise and down is always there since crypto market is volatile and we cannot blame on the Whales alone for the trend and there are other major factors affecting the growth of Bitcoin.

The future is unknown to anyone, remember it forever, there are chances that bitcoin will grow to twenty thousand this year.

People forgot the old pumped days probably. They look very pesimistic and they lose their hope. This is the worst case scenario for bitcoin holders. We know how fast it can be pumped in the future.

Yeah it bitcoin can very well hit 20k again before we even know it. We're not saying it would but it definitely can. That's why its best that we don't expect any specific price for any certain time. It can go 25k or it can go 5k. Nothing is impossible with btc.

Why not, bitcoin will reach 20k. we just need patience in holding bitcoin, sooner or later bitcoin will reach 20k, bitcoin is the main coin in crypto and 20k value is very possible for bitcoin.

Yes we are also still hopeful that we will very soon see the bitcoin price trading above 20k. I think that those people who bought bitcoin above 19K still they are holding their bitcoin in hope that bitcoin price will once again reach to that level, they are even expecting that bitcoin price will cross their level and even will reach to 25000$ which will give them some profit.

You are wrong , it will reach 20k again and even more . When all the big players will come in then its gonna reach alot more . My prediction is that we will see 40k till next february , then some correction to 15-20k range . Today i see that more and more stock traders join crypto , because you can earn alot more then in oldschool markets :) Crypto thing gonna leave stock markets behind in few years or even faster in my opinion . Why do you think Goldman Sach bought poloniex?!?

The HODL method is the healthiest strategy in the realm of bitcoin for beginners. In essence, do this a healthy strategy can make us not stress if we have full intention to trading bitcoin. HODL is a strategy that suggests that as high as any Bitcoin price is now, do not be careless!, keep the bitcoin at its best, as richminded (https://bitcointalk.org/index.php?topic=3082886.msg31810053#msg31810053) says.

HODLing means not to sell the coin we have, even when the price is falling we must patiently play with long-term investment and baseball easily seduced by the opportunity to get rich suddenly.

Well, that's the approach regarding the current situation and we must take into the account of new users/investors coming into the market and since there is a limited supply, on the other hand, the price is expected to rise after the rise in demand so it would be the bold statement to predict in that way. In fact, I believe that price will not only recover but also we will see the new all-time high level before the next year.

Are you among the WHALES  that do take profit any time they get up to 5 kr 10 percent profit? If your answer is no then why are you sounding si optimistic about the market value of Bitcoin not reaching $20,000 again. I see no power can stop Bitcoin from creating another strong move  higher than last year height.

do not think so because we do not know what will happen tomorrow, and I believe that such a price will come back

I hope you can be patient and you buy some bitcoin when the price is very cheap like this. Because in the year 2017 yesterday is the beginning of the beginning people know bitcoin and make the price is very expensive

There are many tips. If he believes he will buy, everyone has different thoughts so there will be different choices. I agree with both of you.

Reaching beyond $20k is still possible even there are many challenges that lies ahead. Bitcoin still enjoy large following than any other cryptocurrencies and more investors from different countries are still coming for the number one virtual currency.

Got it budz since new investors are coming and add the old investors that only waiting for the right time to put their money inside.
OP dont really whats hes talking here,im looking for the time when this breakthrough happens then people like Who makes this thread may cry to death for doing like this one

It's not a possibility, it's a question of time when will it happen. When I see this kind of topic started from a newcomer, lazy newbie that didn't even try to elaborate his statement I'm even more confident in bitcoin recovery and new all times high.
This guy is probably paid to spread fud around the internet, his boss Warren paid him to do that. But when I see people, very rich people calling bitcoin rat poison, , harvested baby brains, and when I see how many ignorant and stupid people follow them and do the same thing I'm even more bullish then I ever were. Good times are coming for us who have some crypto, be sure in that
 Trolls will troll, but we should continue to do what we did until now.

One thing we're pretty much positive right now is that a bull market is coming and the outlook is pretty good for the next halving season come 2020. Things are shaping out good IMO.

Bitcoin will be over $20k certainly within a year, very possibly by the end of this year. There is zero reason to think $20k was anything but a stepping stone on the way to far higher prices.

No..i strongly beleive that bitcoin can surely reach 20K USD and even beyond that....we see after so many bad news crypto market is up yet again and so as bitcoin...it is slowly started to gather momentum and may be in an year it can reach 20k USD yet again

The chances are far better now than they were 1,2,3 years ago to reach 20k. First of all, we already reached 20k and it was simply due to FOMO, your average joe buying bitcoin at any price because he thought it would go to 1 million. Now that we see nasdaq interested in bitcoin or the new york exchange, the possibility of reaching 20k seems quite possible. The only possible barrier are the upcoming regulations.

Reddit co-founder Alexis Ohanian has predicted that Bitcoin could reach its all-time high price of $20,000 again before the year ends. This is similar to the thoughts of Tim Draper, cryptocurrency enthusiast and popular venture capitalist who perhaps made the biggest call so far.

I don’t agree with you. The price is increasing gradually day by day. Although there is some correction in the price but on the whole it is increasing and I hope that it will cross $20k not sure in how much time but one day we will see the price crossing $20k. People are now investing in bitcoin and market cap in increasing which causes raise in the price. Just wait for some time and you will notice the growth in the price.

I'm more confident the bitcoin will increase by 20k. Currently the market is in chaos and bitcoin is difficult to increase the price, but I guess it's not over and bitcoin will go up high and reach 20k, and it's just a matter of time.

Do you really think that the whales are going to bother to earn 5% to 10%? They are whales they are only going to move unless there is a huge profit to be had, they are some of the strongest holders and they only move when they see a huge opportunity to manipulate the price to go up or down, so the reason you are giving for why the price is never going to reach 20000 again is very weak.

Currently, bitcoins are stable at about 8-10k usd. I believe the value of bitcoin will soon grow back. Same as previous years. The price of the bitcoin hit the top again and increased continuously. So why say Bitcoin will not raise prices again. That is not verified and you are talking about the future. I realize the bitcoin community is still very big and I believe bitcoin will soon reach a higher price.

In the near future bitcoin can not increase 20k, but for long term I think bitcoin will be able to reach 20k. The market is currently unstable but nobody knows the stratus of the market in the future, and it could be that bitcoin adoption is increasing and can make bitcoin reach 20k. Whatever you choose, it depends on your belief.

Patience is mandatory for investment in bitcoin. If you want a big jump in the price it will never happen again. The first one was unnatural and now it is on the track. You will to wait for more time to see the future price of bitcoin. Don’t be panic and hold your bitcoin till the price reach again to $20k. it is the time for buying bitcoin to earn profit in the future.

I was hoping more from NY consensus but it didn't affected to price much.
So i started to think same direction now. Also there are some big problems on MTGOX wallets and waiting them to be sold.

The thing is these are crypto enthusiasts, of course they'll have a really high outlook, it's in their interest to spread the positivity. IMO after this current bearish trend is likely to last, maybe late into next year. Afterwards, we're gonna see another bull run just about the next halving season.

If we keep falling you can change the title to "Bitcoin will never reach 10,000 again" :-/

Bitcoin will touch 50 thousand dollars by this year end as per many experts assumptions so we cant say the final word on bitcoin as of now bitcoin is on panic mode in near future we will see pumping time for bitcoin

Your logic here lacks substance - don't you think that taking profits from bitcoin trading/market movement when the price will be 20k or 40k would be much better for the whales?
I just remind everyone - current bitcoin price is still much higher than most of us predicted. Just see this prediction of Bobby Lee from 26. Feb 2017: https://prnt.sc/jisztb (https://prnt.sc/jisztb)
He said that Bitcoin price would reach max 11k USD in 2020 after halving - so even whales have no idea how the price will shape in the future.

I think your opinion is wrong, you are too pessimistic if bitcoin will not reach $20k again, I think bitcoin will reach its highest price again even exceed the highest price in 2017, this bitcoin developers work very well to develop bitcoin so more great system. from there bitcoin will have positive updates so that the price will come to be very expensive.

Even if the whales exist everytime no one can actually control the value of bitcoin no other than the people who are buying bitcoin and all of the users has a control to the value. What i mean is all people using bitcoin has a power to control bitcoin if they cooperate to buy more for sure the value of bitcoin will increase again to $20,000.

For me I believe the price of the bitcoin  will become $20k we need only to be patient amd believe to bitcoin and for sure we will see again the price like that. We don't need to panic selling.

That's great many are very positive about that 20k this year or more than into it. Patience and trusting our future technology will be going to be better than before. Those who did not believe it will happen let them realize it when bitcoin is already making new higher All time high price.

It will take time for us to wait that bitcoin will reach $20k again, maybe this year is impossible for bitcoin to reach $20k again because I think some other investors are now investing with other cryptos instead of bitcoin because they see that they will make more profit with any other coin than bitcoin.

No one really knows what's going to happen to bitcoin this year if this will be a great year for bitcoin than last year. Besides, bitcoin is really unpredictable so that's why are just only left with this expectations and predictions in our mind. For me, i am optimistic that this year is going to be better than last year.

I will not say yes that it will reach again. Because as of now bitcoin is showing its force kind of price. This early month of the year bitcoin is higher price than the last year early month. How much more at the near end of the year, you or we dont know what will be happen so just trust bitcoin and will show us what it could do.

This will be quietly happen soon. Price will bullish after a pump and dump group comes.With this kind of negativity will not help the bitcoin price get high.

That's the downside of bitcoin wherein whales can manipulate the price of bitcoin to the price they want. The way things are running now, in my opinion bitcoin will be having a hard time reaching $20k this year but definitely it will reach that value but we don't know when.

Day trading is more profitable than holding in the long run where patience is needed. But for bitcoin rising in the price of 20k it is not impossible, because it's just a matter of time and I believe bitcoin will be able to reach 20k.

I really don't understand why people lose hope like shit after droppings. Bitcoin is very volatile and it can of course easily reach 20000 dollars back again. People are over exaggerating bear markets for bitcoin.

Bitcoin is not going to grow as much as the previous year because the circumstances are different, it is impossible for any asset to always go up sometimes a correction is needed so we see again prices that are aligned more closely to reality, I know that some people bought when the price was very high and they want to regain their money as fast as they can but wishing for a fast price increase is not going to give them profits right now, what is going to give to them profits is to keep holding their coins.

I agree with your words mate the whales always playing the price of bitcoin to their hands and they will not stop until they have filled their pockets. Good thing to do is use this opportunity to buy a bitcoin at a cheap price then hold, it might be before year end the bitcoin price will pump again.

I think that price increases are just a matter of time. There are now many crypto worth keeping for more than bitcoin in the long run because if bitcoin is from 8k5 to 20k usd then it only gains 250% while other crypto need a smaller amount to raise the price but will Profit is far greater. I still love bitcoin because it's really easy to convert and easy to store.

BTC has to apply some changes to grow in price.  Now those who wajt to invest in cryptos, can find more technically developed and more profitable coins, it was not so before that. People only knew about BTC and the hype was created. Now investors are picky, and I see no reason for BTC to cost around 20

People, usually as the price drops, lose optimism and predict the worst. That's why then it's hard to return the previous price levels. I agree with you bitcoin can easily return to ATH again. It's a matter of time when it will happen because it will be hard to grow so fast as at the end of last year.

we all just pray that bitcoin can achieve that value this year and it's really and nothing is impossible for bitcoin to achieve that value, because with so many investors investing bitcoin, it will automatically pump its value so it can reach that value