Bitcoin Forum

With the massive price surge over the last month or so, how long do you guys think we need to wait for BTC to get to 20K? Realistically speaking...


These guys touch some nice topics that must happen if we want to get to see BTC at $40,000:
 
https://cryptotradernews.com/cryptocurrency/bitcoin-the-path-from-4000-to-40000/ (https://cryptotradernews.com/cryptocurrency/bitcoin-the-path-from-4000-to-40000/)

$20,000?

Probably around 6-12 months are the halving (which is 12 months from now). I’d say we’ll reach a new ATH between late 2020 & mid 2021.

It’s going to be like a rocket from there though, expect to potentially see $100,000 per coin by 2022.

Probably by halving we can touch the $20000, as we've already reached close to $20000 possibly a new ath will be reached. As in the previous quote 2022 is predicted to be a big year for Cryptocurrency. I believe there will be a price higher than $25000 by the halving scheduled next year and might reach $100000 by 2022 based on the adoption with time.

I have been watching this type of posts several times since 2018.  So around two years have passed but nothing happened during this period.  
Forecasts / predictions are proving false.  Let us see what happens in future.

read the first line, stop trading it to fiat you fools, has satoshi?

https://ip.bitcointalk.org/?u=https%3A%2F%2Fsteemitimages.com%2Fp%2FMvwLKy3SfvJwXFKCRMDAFrt961WwjFcRARKpjw9BL%3Fformat%3Dmatch%26mode%3Dfit%26width%3D640&t=600&c=RVDrFb1c6tsAHA

Indeed we have seen many of these false predictions, but may i announce to to you that, Haven in mind that Bitcoin halving is just around the corner and the 4-5 years gap to a new ATH still stand and everything is pretty much possible for Bitcoin price to skyrocket to such prediction you claimed could be false. Categorically, seeing the prediction from $40,00 to $40,000 is very much realistic and achievable by Bitcoin before the end of 2020.

Lets be very clear here, that Bitcoin halving may or may not take place at the targeted time from now but presumably to start around May, 2020 or December, 2020.

I would agree, but for now, good luck paying bitcoin to both big, medium, and small-sized local merchants in pretty much 95% of all countries. Using bitcoin as cash is really just not viable for now.

Today is May 6, 2029

I sold half of my stash. And bought a Bermuda triangle and renamed it Bitcoin triangle.

Roger and Craig still alive.

Roger forked shitcoin cash and it's called fartcash.

Craig's claims about he's Satoshi failed in April 1 2021. Now he's claiming that he's satoshi's wife. Yes now he is she!!

Regards
Proud member of #21BTC club.

PS: Humans fucked up mother earth. So watchout and be responsible, buy BTC

Many investors want a cashless society to approach but as we can see, the current value of Bitcoin is still far from what they're expecting. This speculation has been circulating more than a year just right after the bull run last 2017 but we can only conclude that we could really reach $20k if the price would at least reach $10k first.

I have a positive feeling we will reach a All time high by year end because of halving. Since in 2017 we reached $20.000, I expect it go beyond this price. I say expect another All time high by the end of 2020. But all this guess may go wrong as we are talking about Cryptocurrency. Let's hope for the best.

Every time when the price is growing, no matter how little, people start to dream about Bitcoin reaching 20000$ again. Yes, with Bitcoin is everything possible but still I don't like such exaggerated predictions. Look at the market, make some good analysis and make your predictions in some realistic framework. We still have very long way to 10000$ and 20000$ seems like utopia at the moment.

So you think that so stupid that all of them couldn't switch to the same currency at the same time?
Everything is a commodity and even money is a commodity. So one kind of money can be traded to another one just as we trade some other goods so there shouldn't be any problems about that. But anyway you would still have to pay the BTC equivalent of fiat price so we still got fiat money in charge.

Massive price surge ?? Where ?? When ??
Moving from the price of $3500 to $5500 is not a "Massive price surge" at all. This had to happen since bitcoin was in a relatively long bearish trend.
It took bitcoin almost a year and a half to come out of the bearish trend. Even now we can guarantee that the price won't return to the sub $3000 level.
Though the chances for going down are quite low, it would be better if we hold on to these high speculation topics for a while until bitcoin recovers at least half of what it lost.

1k rise per month from here wont do it to make it happen this year. Best hope would be a trending interest when the price rises to push it harder but the more pressure the more bears on the road. 

This has happened before. I don't think if Bitcoin would repeat the same path and history again.
If Bitcoin would rise continuously with at least a thousand or more every two weeks, $20k wouldn't be hard to reach by the end of the year. Time will tell but if there would still be more massive adoption, Bitcoin would surely soar higher more than what we speculate.

It very hard to predict bitcoin price and when it will reach $20,000 but with the recent happening in the market I don't think it will take long before that will be achieved, if I must predict may be 4-6 months from now. Just like what happen in the price of bitcoin in 2017 at the early period the market was moving gradually but towards the middle of the year the price skyrocket, so we can expect that same trend in this year.

By the end of 2021, we may see a bitcoin price of $ 20,000. However, we may not see the price of 100,000 dollars for a very long time or not at all. Even if the cryptocurrency will continue to develop well and enter our lives, at the same time it is necessary for Bitcoin to maintain its competitiveness. Now we can not say that Bitcoin fully meets the criteria of the leader of cryptocurrency. New coins and tokens are developing very quickly, which cannot be said about Bitcoin itself.

There's no clear directions, we are all assuming that the value will go to what we intend to be, hitting back $20k still achievable we all need time and more adoptions, with how the market behaves with small rise from month to month it will take a year or two to see the price to that range, not unless big players will push it much quicker.

If this predictions and pegged of BTC price comes in the near fees months will really be a gain for holders,but one can't really know the outcome because too many hype and fake predictions out there, don't fall for fake predictions.

I doubt it will go or reach it's all-time high so soon. But obviously it is going to that path only, even if it falls in between the journey, it will reach the ATH. The influencers are saying that it will reach very soon, I don't have any idea how soon it will be, but I do believe that it will for sure. I would like to see it grow more steadily, rather than jumping within a few weeks and then hovering downwards faster then it went up.

Let's all just be optimistic and positive on seeing bitcoin hit this price, it will be really hard for must people that got rekt after buying bitcoin in ath price in 2017 to get convinced in this situation whereas some has learnt different lesson from those that bought during the ath period in 2017. I think we should just take thing step by step and see what the future has for crypto in general.

I am planning to start the local courier business in my city. If this happens i will sell all my bitcoins and spend that coins on my business.
Hope this time bump will push the next by run to reach 10k USD at least.

Here we go again with some unimaginable expectations rather than waiting for situation of things to turn out with the influence of speculators working on empty predictions without considering the practicability of such prediction. Eventually, the price of bitcoin might reach such length but it does not remove the fact that there is need to be realistic on prediction of price. $20,000 is a long way to go...

It's pretty hard to predict such things since the price could skyrocket in a few weeks to 10.000$ and from there continue very quickly to 20.000$. Personally I think it will take about a year or more for it to get there because I can't see the price being 20.000$ at the end of 2019 even tough that is not impossible. As I said before, anything big could happen in just a matter of weeks right when no one is expecting it and that's why it's always hard to predict when bitcoin is going to reach a certain price.

anything that can happen even if the price of bitcoin is now almost $ 6K can in the future after bitcoin do halving can be $ 20K or even more. but remember even though there are certain positive things there are also negative things like for example bitcoin is not famous anymore and also replaced by a similar cashless application maybe the price of bitcoin will decrease further from $ 6k

Exactly.

The most basic explanation: The supply is limited and the demand is growing. There is only one way for bitcoin to go. It is up.

It will exactly follow the same pattern which happened in 2014 and then 2017. Every time Bitcoin makes its new ATH and falls down, it will come back with more believers&investors and dwarf the old ATH. This is physics.

Bitcoin is limited supply, Dollar is not. It is inevitable.

When we enter the next mania, you won't be able to see $20k on the charts just like you can't see $1k right now.

20,000$ is not close yet, i think this will happen only next year before halving, and bitcoin will value more because is limited supply and the demand is high. I think next year will be possible a new ATH.

Bitcoin is definitely on its way to $20,000 but i don't think its happening as soon as we expect. Bitcoin adoption is really slow and we really need massive adoption for us to achieve what we expect. Bitcoin will definitely move to $20,000 but no one knows when this will be. Can be sooner or later.

I see it difficult that we can reach those prices, but bitcoin already showed us in 2017 that it is possible! I think the fundamental factor will be the institutional capital, but I believe that for this year we will reach at least 10,000

We should stop trying to predict bitcoin price and focus more on getting it adopted worldwide. If we make bitcoin adoption our number one priority, its price will get to $20,000 with so much ease and beyond.

In 2 years I think it's pretty much possible to reach $20k, my target deadline is end of 2020 though. But if it doesn't reach within 2 years then I'll also be surprised.

I prefer long predictions over short unrealistic predictions. Just hoping for the best, more power to bitcoin. V

Yes, it is right that we are impossible to predict the price of bitcoin. very rapid price changes make the price of bitcoin very possible for a rapid decline and increase. we will never know what will happen because the change in the price of bitcoin is very easy. even the changes that occur can be so significant in just minutes. it can happen tomorrow, next Sunday, next month or next year. everything can happen so quickly and unexpectedly.

Let the people communicate with their predictions cause they are just optimistic enough and giving them boosted. Even though there is only a small percentage that it will turn back into that price but we are still good, we are living already the to the community which has full of speculations.

This will actually be very difficult to predict, given that when bitcoin is experiencing a correction, it is quite severely affected by altcoins, most likely in Q3 2020 or Q2 2021 it may be close to that

We're going into cashless society and that article is really interesting. The points that it has given on how we'll shift into that moment pointing out the changes and upgrade that countries and institutions are doing.

People are looking to the current price of bitcoin and its still intact with the past bear market. They don't consider on how it is possible for bitcoin to move gradually back to the top and never look at its scarcity.

Just like last year bitcoin can once again in the way to hit 20,000 figure but with this time its value will be stable and then the other coins will also move because when the demand rise for them the value become double and triple in the coming days.
We have seen that in the few days bitcoin shows a clear graph moving ahead and now bitcoin is traded $5,709 right now so almost it will hit 20k in the coming months may be in December of 2019.

I think that it is pretty remarkable that Bitcoin hit the high that it did in 2017, especially given all the shit that had been thrown at it up until that point. Of course, we all know that it was hype that took things that far.

I don't imagine that it will hit 20k anytime soon, but we will continue to see volatility across a number of coins with some sideways action for the next year or so.

Anything can happen to Bitcoin. Although Bitcoin has been increasing recently, the price of $ 20,000 I think is not possible. $ 20,000 price because recovery in Bitcoin is usually a cycle of two to three years.

Bitcoin will reach 20,000$ and even more but it will take time an year or so. The bear phase is almost over and now bitcoin is looking to slowly move upwards. There are many resistances which bitcoin needs to cross before it reaches the all time high again.

If the price will continue to increase, there is a good chance that we can hit the 20,000$ bitcoin price by the end of the year.
Though it is somewhat very challenging as the last price of bitcoin weren't able to touch the 20k$.

Once it will happened, this will be another achievement of bitcoin which is very interesting to follow. But I wonder also if the holders will keep on holding once we reach the 20k$ price as it is very tempting price already to dump especially if you have bought btc in very low price.

In the end of 2019, bitcoin price increase very fast so it can reached that again for the second time. But if the bitcoin not reach that possible in the year 2020 and I believe on that. Other people did not believe bitcoin not hitted again $20k and that's their prediction and othe takes few years before it reach again because we have different prediction we cannot easily to determine the real value of the bitcoin next few months and years. But the majority is possible this year and Im happy for that.

Predictions predictions as always ::) Does anyone has a real fact that price will indeed reach $20.000?
If only someone could say "i'm going to buy 1 million dollars in bitcoin" that would pump it immediately.

In the short term, I am waiting for Bitcoin to hit that my huge $6K resistance and cross or even test it a couple of times and then . And then in along term what you are saying is true- we can fly very high above the $20000. anyway the future will tell.

That is to high for me ($20k). When the price will be that high, expect also for the high risk we gamble in the market. Know its volatility, I'm afraid low level individuals in the community will never take the risk or they will never invest crypto due its budget. Better to stay at below $20k, would be that fair to everyone.

There were some indications that some of the purchase in last couple of days were owned by institutions or big players.There are no doubts that bitcoin can surpass even the 20000$ in the coming months.It only took about 10 days in the last bull run to almost double in price.The major drive will be the removal regulatory hurdles for institutional involvement and platforms to support such.

Nothing possible with a very high volatile crypto market, but yes, 20k dollars is too quite high for me and probably it will happen for the next halving which every most likely holder want. I have heard rumors that we are now facing into a bullish trend and I think this is now the start of the market resistance. However, I still believed that bitcoin price and other crypto is an unpredictable thing and no one knows when it will raise so it is better if you are ready now had bag more profitable coins to hold.

I strongly have doubts that Bitcoin will be able to reach a market price of $20k before 2019 comes to an end. The possible price attainment I see Bitcoin reaching will be between $7000 and $10k. Bitcoin will be worth $20k in the year 2020 or early part of 2021. Has it stands now, I don't see bitcoin reaching $20k anytime soon.

possible at next 6 month over, because next year halving will be pumping price over $20k, i thing so.
we don't know what happen on the future, analyst market are good experience to said bitcoin price will over $40k for next 2021.

I think its possible, because its already happened last time since 2017. Maybe now next month is the beginning of btc price will increasing. I think a past month the price will already reach more than $15,000. We know that the price of btc is increasing, although sometimes it decreases.

Bitcoin will surpass $20.000 but not in short term. The liquidity of bitcoin is getting better after many big investors have sold a lot of bitcoin at 2017 - 2018. So now bitcoin market has reach its temporary stability until more big investors buy bitcoin steadily. I think bitcoin price can reach $40.000 even $100.000 due the increasing trend of cashless society.

btc will have to retest many prices, but the 20000 is the first to pass 6150 this year. I think later this year BTC will only be able to reach $ 10500

seeing current developments, that makes sense. at present, bitcoin is indeed running towards a price of $ 20k. however, the price that can be achieved now is, $ 6000, and may occur gradually. I think in 2020, the price of bitcoin already has a price above $ 10k.

The $20 000 All time high was triggered by a significant event with a perfect storm coming together at the right time. <ICO Boom> and then the subsequent banning of Crypto currency advertisements from major social media platforms broke that progress down with a 80% drop in the price.

Depending on what the next trigger event would be, I would say that it could most probably be in Aug 2019. <SEC decision on ETFs>  ::)

just becaused it happend last time does it mean it can happen again ? this is the basis of other people including you and they believe that history can repeat itself but for others like me i think im wont believe that bitcoin can reach 20kusd this year or next year  because if we look at the price the price of bitcoin is now getting stable and only had a small time value at 5000 plus usd  .

Bulish patern it's not been confirmed yet I guess, 20.000$ I don't think so that's like a dream to me. maybe 10.000$ will possible by this year. I prefer to like healthy price icreased than fluctuatif FOMO.
Profits from people who's FOMO of course it legit but consider to people who loss because bought at hight it will causing  bad impact on regulation.

Bitcoin (https://coincodex.com/crypto/bitcoin/) following a bull flag patterns, time to retest the $6k resistance level. Read more in this TA:

https://coincodex.com/article/3539/bitcoin-price-analysis-btc-is-following-a-bull-flag-pattern-6000-could-be-next/

So refreshing to read this reply, though I still dont want to expect too much for this to happen as we always tell everybody that "No one knows" what is coming through.

Too much Expectations might hit you so hard.

If you guys only aim for $20k in this year then stop dreaming for $50k and above. Because if we pursue that then we could reach all time lows after that pump. We should exceed that price and target higher so I'm fine if we started to reach $20k on 2021 because that is much a better year to make people trust btc again because even if it dropped, it will just surely play between $25k.

I really do not want to see a sharp rise like that in a short span, if that happens how can you describe it rather than calling it a bubble and the fall from that will be bad on papers too, you can make a lot of money when the price touches those valuation but the general perception of bitcoin will change and people will start seeing it as dump and dumb market and it wont be good for the market, steady growth is what we need to see in this market, but not sure whether we will see that.

Right, too much expectations will only make you disappointed, just let the market flow and keep trading. don't expect it to happen in the near term, the most important thing is that you are prepared for all that, so that you are ready when that price comes in the near or long term

Agree, should not aim for too high prices or too big expectations for this market, it only makes us heartbroken and disappointed when the market does not bring what we want, especially the value of bitcoin, its value is always a mystery and can change very quickly, we never know the value of bitcoin until time gives us the answer. So, instead of trying to find the answer in desperation, we should be in a good mood, prepare for any situation, sooner or later, we will know what we want.

It's better to aim more and wait till it will be achieved, there's good positive movements right now making more investors to ride around, this been treated as a good investment venue for people who wanted to take the risk and try some luck, it's open for everyone who can patiently wait and understand the system.

I am hoping the halving as we speak will drastically increase Bitcoins' price. If that is the case then we still have time to buy portion of BTC to accumulate a more than enough to be satisfied. I will be contented for sure if the price goes 100k usd, if beyond that then it would seem we will be millionaires in a short span of time with little to invest right now.

If the price goes above 7000 USD/1 bitcoin it will attain 20000 USD in approx one year. If not, the price will be 20 000 USD/1 bitcoin in approx 3 years from now.  

It's just a speculation and you shouldn't put your hopes on that since there is no probability that it will be going to touch the $100k but i believe it will touch a new ATH but not $100k after the halving. For me personally, i don't want to expect the impossible because i am following the trend first before i speculate.

We can say on the way, but still too far. Still bitcoin hasn't broke bearish trend. It's just beginning of recovery, the moment really we can't say we are on bull run although bitcoin broke $6K today. And we experienced a pull back. We need to wait for pull back where it will stop. Need to stable above $6K zone for next bull, braking $8K will be clear bull signal. Till that we have to say just recovering.

Seeing that the volume is getting higher everyday almost, and its higher than 2017 comparat. at the marketcap, that plus the halving of litecoin pushing the bull market, and the halving of bitcoin. we could have a stable 40k$ during 2020, or during 2021.

So 20k$ easy during 2020 yes.

I don't think there is any possibility of getting close to $20,000 in the coming months because the factors that makes it happened in the 2017 that make Bitcoin and crypto currency in general a talk of the Town are not what is affecting the market now.

There is nothing wrong to follow everything as a religion, everyone has their choice on what to do with their investment, but in the end of the day everyone is looking for profit with their investment and they have the right to do anything with their hard earned money.
The market is looking good at this point and the market is recovering after a long time and we might see another huge rally in a couple of years but the recovery phase looks promising.

Indeed, recovery period was taking so long since the price downfalls since last year 2018, and until the start of 2019 it still struggles to develop another momentum. When a good investments will come and development a good trend in the upcoming days could initiate a better market, it's not impossible for bitcoin to become more promising. This will turn a good signs for achieving the best price that could shake the entire world of crypto again. Thinking again for $20k is just a big number that could change our lives randomly.

Do not worry - this sharp rise, as you call it, will not happen this year. We will avoid the new wave of hype. Bitcoin will grow, but it will do it steadily. The whole process will take a long time.

At the moment we cannot say it isn't the on the way to reach $20000. If the price growth as now continues till the end of the year, surely the growth of bitcoin will be taken forward to the falling year. When this happens in reality surely there will be some form of good growth happening further than the year end growth as it nears the days of halving. By those time period it might touch $20000.

Well, I will say Bitcoin is on it way to $20,000 and could even move than the value mentioned above which I believe will take time before its will get to such hight again.

Probably this is the most accurate. I'm more bullish at bitcoin on the next years, certainly not the next months. I mean, it's a good look right now, sitting near 6k usd but it's a long way to go for it to go 100,000 dollars. And halving might help it to reach its current ATH.

When price experienced a sudden pump = We are now heading to new ATH
Then on the way, price suddenly drops bit or hard = No another ATH this year

See how people create their speculation? There are lots of professional analysis that destroyed during the 2018.

In other words, even big people will talk about what will happen on every trend, it's still no assurance nor increasing the chances of happening.

Just take advantage of the current happenings. Reaching $20,000 again is way long to go and too early to speculate. Better set your expectations first on reaching $7,000 , $9,000 , $10,000 etc.

There is no specific time that we can say bitcoin will cross over to that value, environmental fundamentals are what we need to make the price of bitcoin hit that and if we are not seeing that yet, then it may take time for bitcoin to really reach that value.

It now depends on the level of our patient too, because that will determine how much bitcoin will struggle to climb that hill, because there has been so many times bitcoin tried climbing the hill but the Bulls keeps bringing it down while bitcoin struggles to charge up. The lower our dumping, the faster bitcoin will quickly achieve this.

The higher we trust the bull to be more stronger the more patience we are to hold our coins, the struggles will be replaced by recovering movements, if we wanted to help making it more quicker to reached the said amount, we need to keep holding and avoid doing short term trades, the more who will hold the more the value will rise up.

Supporters and believers needs to keep being optimistic, it will happen much sooner if we keep trying to help by holding patiently.

Explain that to everyone! With every swing people are falling in some kind of fever and we are seeing so many flammable topics. If its go down we see panic like its going to zero, if its going up we will see new ath. People can speculate as much as they want, whats happening actually all the time, but that will not change anything. Point is if you believe that price will be $20k in some moment get into right now, what are you waiting for?! If you believe that price will drop than wait before you buy, we are making our destiny, not others.

I don’t think short term trade is really the one pulling the price of bitcoin down, because most people who engages themselves in short term trade does so to compound and add more coin to the already existing one.

 I do short term trade, and ever since I have been doing this, I have never for once taking any profit completely out of the market, whatever profit I get through my short term trade, I use it to buy back more bitcoin, which means the money goes back to the market, and I have not seen in any way that this will affect the price of bitcoin that much.

The people affecting the price are the ones taking profit out of the market entirely, in which there is nothing we can do about that.

So far, I think, Bitcoin does not set such a task. This year, reaching the price of Bitcoin to the level of its previous price record - $ 20,000 is not realistic for it. It will be much better if Bitcoin and another cryptocurrency this year will grow slowly, but constantly. The best price for Bitcoin by the end of this year will be approximately 12,000 -13,000 dollars.

Is it on its way to 20 thousand dollars? Sure. Will it be soon? Doubt so. I think we are on the early stages of a bull run but without knowing further information on what will be the late stage of this bull run we can't know if it will hit 20 thousand dollars or not. Maybe we will go as high as 12 thousand dollars and then go back to 9 thousand dollars and stay there for months? Maybe it will go to 100 thousand dollars and stay there.

Basically, anything is fair game right now and without actually living that moment we can't predict the future. The only thing that we have in our data is that we managed to hit as low as 3400 this year and now we are at around 6400 levels which means we are on early stages of a bull run for sure, how long this will continue is still up for debate.

No one knows if this run will lead us to $20k again but going back in such price this year seems impossible eventhough price keeps on showing green moment. I believe next year will be more bullish and the year we have been waiting for. But I see no reason for price to fall back again so we're going to see a growth until the end of this year.

The price of 20k is a price that may be reached by bitcoin but not in the near term, and it is possible for 2020 that bitcoin can achieve it.

Obviously I disagree with you about the increase in the price of bitcoin, now bitcoin is on the rise and has begun to exceed $ 6K and usually if there is a measurable increase, I believe that bitcoin will continue to increase and it is not impossible to reach $ 20K. we see the end of this month whether bitcoin can penetrate $ 8K. if there is a possibility it will continue to move up and will occur.

Bitcoin will soon breach $7,000, it's trading at $6900 now and we don't expect this kind of a very fast run, well, a bull run it is.
$20,000 looks impossible to some but for the believers, it's the price that can easily be achieve with bitcoin moving on a bullish momentum.

$7,000 today seems to be possible and might happen in an hour.