Bitcoin Forum

Within couple of days Bitcoin went bullish with newest peak of $15,596 last Friday. Analysts have already started predicting the next big move that could possibly push Bitcoin above its all-time high of $20,000. Will that happen before this year ends?

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Bitcoin (BTC) Smashes Past $15,500 With Ethereum (ETH) Leading The Altcoins Party (https://www.worldcoinindex.com/news/bitcoin-btc-smashes-past-15-500-with-ethereum-eth-leading-the-altcoins-party)

No assurance still. It is indeed exciting to see how the market price of Bitcoin and other cryptos, reaching another market price point. Of course majority or perhaps let's say all of us are hoping for the price to again touch its ATH, but risk will always exist given how inconsistent the market is.

Some investors are still hesitant to invest at this point because of such possibility, that the market price of cryptos could again fall unexpectedly. But for those who have already invested early this year, waiting for the market price to continue increasing, is what they are anticipating for this year. So invest if you must, choose not to if you doubt, just avoid regrets at the end of the day.

Bitcoin bull run is ongoing as you can observe it from the last 10 days. Already pumped more than 35% in the last few days and today cross $15500 which is satisfactory level to the Bitcoin lovers. I am not sure whether it will hit $20000 in the next few weeks or months but i hope it will hit $20000 in the next year if no rumor, no panic sell happen in the market like 2018. As Bitcoin on pump, altcoins also move towards after a long time which is also good for the investors but we need to be more aware as we have previous experience.

Can we reach $20k before 2021? Maybe, maybe not. But one thing's for sure, stop listening to these so-called "analysts" as most of them don't know what they're talking about. Just be patient and stack sats if you're long-term bullish.

In my opinion bitcoin possibly will have some corrective pullback before reaching ATHs to scare off the weak hands. I doubt ATH will be this year, but hopefully in 2021.

from now to the end of the year there is just over a month left and I cannot be sure what the price of Bitcoin will be. But according to TA, Bitcoin is in the uptrend stage and there is a high chance it can break ATH in the near future but Im not sure that it will appear this year.
I think with the investment and confidence of major investment funds in the US, Bitcoin will soon return to the top of ATH.  The remaining problem is only time and the support of many other financial investment funds in the future ;)

Bitcoin already almost 20K ;)
This can happen at any time, maybe this year, maybe next... The main thing is that we are already in an upward trend with slight corrections... From March to November we already have x4! I hope that the uptrend will be long!

The Bitcoin price movement considered unpredictable, it could be yes or maybe that Bitcoin price will break the highest peak that happens the last few days which is hit and plunged the $15k price.  There are various predictions and analysis out there, but no one of them has a correct forecast upon predicting Bitcoin price.  Even though claiming themself as an expert of predicting price, that's not a guarantee that they always made the right prediction.

Right now, much better if we will wait patiently.  We know that Bitcoin continuously growing up most especially if there's a big event just like the recent happened, the presidential US election which is had a big rumor that it will have a big effect on the Bitcoin price and now, we have been witnessing the sudden growth.

many assume bitcoin will hit $ 20k and that will probably happen in the future and there is no guarantee it will materialize. but we wait and hope bitcoin will reach $ 20k by the end of this year.

The market has matured greatly since 2018 and though it has been a long journey of downtrend we can see how it is being fruitful now.
Bitcoin has crossed $15k and is quite stable at this range. There are signs that it might increase in price even more and might also cross the ATH.
Though it's just a speculation we can see how holding bitcoin for long term does show it's benefits  :)

Another spinning move for Bitcoin in crypto History if that will happen again. Possible? Yes, of course. But that soon means next year, another 10 years, just likely and it was not tiring to wait for that moment to come.

TBH, I've been good enough for the current market price today, $15k is already a bullish me but and that is a gift in the troublesome situation. The year 2020 has almost at its end, we have to jump for another year and to continue our journey with Bitcoin. Closely to ends, I was thinking the same trend that we have now still, $20k is far at its reach this year but have a possibility next year 2021.

Well, high chance it could reach to that point or even more. However, if you are new in bitcoin investments better not get too hype with other members around talking about the bull run. Yeah it may going to happen but still manage the financial aspect and invest only the money yoi can afford to lose. This is a very simple.advise and hopefully not many will going to.make losses in the process of bitcoin market sudden market price surge. Anyway, good luck to all bitcoin holders. It seems that this year is the year for bitcoin bull run.

only the time will tell if this is gonna happen. bitcoin price may crash or may rise and hit a record within its history. however most of the analysts are looking forward to hear about the rise and shine of bitcoinBTCBTCBTCBTC

My answer is no. Too many elements are affecting bitcoin right now. Moreover, many people do not have money to invest bitcoin at this moment. The economy is trying to be stable like it was before. $20000 will likely to happen in the next year. The first quarter of 2021 will be a good time for any asset to go up. The bull is currently controling the trend. But it is not as strong as 2017 and I do not expect bitcoin to act like it used to be. The slower the train, the less volatile it will be.

Bitcoin is really improving this year that is still making some investors wondering how strong the currency is in the exchange market. We just have few month to switch to 2021,I still believe that  bitcoin can still pump more than this before this month end but it will not get to $20k .
Since other cryptocurrencies are reducing gradually, since bitcoin started rising show bitcoin will still do more before 2020 end. The market at few hours,there where some signs that other cryptocurrencies are about to rise but they cannot rise more than bitcoin in the market.

From six months ago bitcoin has seen a rise, and the fastest rally was in October. That’s because there’s a lot of positive news about bitcoin,
which is where many investors turn to crypto investments, especially bitcoin. Bitcoin is considered the most profitable asset this time,
as it is likely that other investment assets are already excess liquidity. So many investors move their assets to bitcoin.
If you look at a positive situation like this, it is likely that bitcoin will have a higher value. It is uncertain, however,
whether an increase of up to $20k can be achieved by the end of this month or not.

We can't be sure if the price will hit $20K before the end of this year or not. Maybe it can be achieved or maybe not because it all depend on how much interest trader are in bitcoin. If the demand for bitcoin is high, the price will also be higher and that is what we usually call the market trend.
Bitcoin is a very risky asset, its price is constantly fluctuating and when we can consider the risk and also take advantage of these fluctuations then I don't think you have to wait for the price to hit $20K to make a profit. In the long term, you may not need to doubt bitcoin as a profitable asset, but you should still be careful.

people who only start talking about more rises after months of bull run and a lot of positive rises so far are not "analysts". these are the same people who start calling for low prices whenever there is a small price.
these are newbies who want to look smart and are gambling on the price, now that it is on the rise they call a higher but completely random number.

One user said that after BTC crosses $20K, that's when the party starts. I guess right now is not the time yet to celebrate.

There is nothing that I feel. Back in 2017, it already felt very satisfying when we see the price of BTC hitting the $3K. Altcoin teams are already giving away more than the allocated coins for bounty campaigns. Institutional investors have to seal it, need more money to come into crypto.

From what I understood from few whales I regularly talk with, is that 20K might happen next year around May, but of course it's all speculation and a wild west in the crypto world. Even if it reaches 20K, I think It will drop down heavily between the 11k - 13k mark. The BTC graph is not healthy at all... it's all FOMO and market manipulation so I kinda agree with your opinion.

It is very likely, considering that one of the biggest factors that drive the market is emotions, now in the world many things are happening, the covid-19, also the effect that the US elections have, which, I think that this is one of the reasons why bitcoin is rising in price.

Yes, bitcoin can reach $ 20k and without being in a bullish trend, perhaps investors are waiting for the best time for this December and we have a much juicier increase.

No one knows because even if the price do really behave on that way it doesn't really give out any guarantees that we would really be heading there.

Its still always been a question if we would be breaking up or touching out that ATH soon but somewhat its an assurance that we would really be heading there.

For now its not that right to rush up to see those numbers as of this year, maybe in next year or on next next ones.We shouldn't really hurry out yet we do need
a stable and gradual increase which cant really be easily crashed.

The stock market has already launched probably because Biden has been elected. I'm expecting the bitcoin market to follow. I'm sure that a lot of stock market profits are pouring into Bitcoin and vice-versa. But as Bitcoin is mostly viewed as a long-term wealth appreciation asset the equation is probably in its favor.

Furthermore, once Bitcoin passes the $20k milestone it will enter into price discovery mode so there are big chances we'll see a giant movement.

I feel like Bitcoin could finally reach $20K again soon because of the current bull run.
I was expecting the price to be around $15K on late December but it already made it pass $15K now so I feel kinda hype right now and expecting it to reach $20K soon.

It is better to not assume by the end of the year but, just like what I'm thinking that there's likely that $20k can be hit very soon. The assumption of $20k is what makes everyone hype about it.

But you know what makes people keeps on holding it? higher than that price although it's different from the question of OP. However we have to reach that price that first or those next prices after $15k to be confident we'll see bitcoin reach that price.

Nah, not yet. It was dumped once again.  ;)

This hype is still from the Paypal new feature.
I am hoping for a new bottom rather than the $20k mark.
You see, even if it hits ATH like that amount then it will just dive again to a lower number so it doesn't really gain value.
More like just being manipulated by something else.

Indeed, there's no guarantee if the value will continue and keep it as strong as what we are seeing right now, even there are  lots
of speculations about this bullish run. Most of the traders are waiting and trying to work it out for their favor, some might buy and
hold for long term investment while others are going to ride with the train and try to short it out in hope that they'll be compensated
and earned decent from this current market movements.

There's no exact timeframe but the possibilities are high if we are seeing all those positive indications, there are lots of potentials that
the market will touch or surpass the last time high.

Much better to think of that, much solid foundation much better barrier is very important, from that we won't we worrying that
it will fall more once again.

I think the chances are good but we can't guarantee that it will, which is why being speculative is probably the best.


I agree, no "analyst" can foretell what will happen and it can be easy to be mislead by people with biased opinions. Skepticism at time may save you a lot

of stress. So why would you start believing what one person predicts? Just because someone is 'wearing' a particular hat doesn't necessarily mean they

know what they're talking about.

Well, we are in November already, just the last two months left and this year is over. This is not the first time that analysts are predicting the price of Bitcoin, they did that in the past years and they were all wrong, although I have the feelings that things are going to be different this year, because right from time I have been looking forward to the particular year that there will be a halving and that’s this year.

So, we should be expecting something different to happen this year. The price is just $5000 away from the last all time high price of $20,000. We might get into December and there will be a huge pump that will lead the price above that.

20,000$ looks too much to be hit in so short time. Actually 15,000$ is already a positive surprise for bitcoin holders this year.
It would be nice if the price stays stable on this range for a while, so we could start to think in higher levels such as 20,000$. I say this because a fast pump followed by a even faster and deeper dump isn't good for bitcoin propaganda on the internet. At same time it opens an opportunity to buy for cheap price, what is good, it also discourage potential investors, what is harmful for crypto environment.

Remember Rome wasn't built in a day...

We’ll hit a new all time high before Q2 of 2021 in my opinion. The reduction in supply of newly mined coins will begin to show by then as it has after previous halvings. It’s going to be a wild ride in 2021 like nothing any financial asset has seen before.

It is likely to happen if we look at the current market optimism that the price of bitcoin is already experiencing a very significant increase.
Bitcoin has been very bullish since there was news that big companies were adopting bitcoin. In addition to PayPal there are still American
companies that buy very large bitcoins. This makes bitcoin even higher in price.
People’s confidence in bitcoin is increasing drastically, hopefully, this can help raise the price of bitcoin to $20k.

I already read the article, maybe there's still a chance we can't depends on the prediction we can always depends to those who pump the bitcoin and push towards the future of the price. We hope all that before this years end since we had this kind of pandemic and after the election in the U.S maybe there's a big pump happening in bitcoin.

I also support your statement, because Bitcoin halving has done, the right price for bitcoin in 2021 is $ 50k,
Q1 2021 will probably be around $ 20k - $ 25k, this is just speculation, I believe Bitcoin will go to the moon,
But there is something we have to observe, in 2021 I think the world will be calm because the vaccine is 80% complete.

But still, no sign is telling us about that, and I guess that is more than speculation from people. But bitcoin can jump to the moon in the next year, and bitcoin has a big chance to increase higher. There are many possibilities to see bitcoin will start other big rallies. Perhaps, before the end of this year, the bitcoin price will have the time to increase and break $19k-$20k.

We will see many times fluctuating the price, so we need to be ready and prepare our money. Perhaps, we will get more chances to buy bitcoin at a low price to be added to our wallet and waiting for the next high price. I am sure people are waiting for the $20k because that means they can recover their losses before, and they will have a chance to make a profit.

Many experts are predicting considerable price increases, up to $100K in 2021. While not impossible, I doubt that we'll see such values in the near future. However, $20K is definitely possible by the end of the year.

It might be soon to hit $100k, but maybe not in 2021 (still to early imo). there will be cycle price and fluctuations again after bitcoin hit the new ATH, that's my predictions. but all good, and $20k at the end of the year is very likely to happens since bitcoin already have huge momentum with Paypal announcement

Why do people want more and more and more from bitcoin constantly when it is already giving us so much. Some people may have missed the train and they didn't make profit and they want to buy bitcoin now and sell at 20k+ in order to make similar amount of profit which is why they keep asking if bitcoin will be 20k+ or not.

However do people not realize that in just span of few months we have profited 50%+ from bitcoin already? We have moved from 10k to 15k+ range already and that is already something awesome, why do we must continue to want more than 20k+ as well? Why can't we just enjoy that we have made 50%+ profit and focus on that part? As long as we are not happy and enjoy the things we already have, we are not going to have more things to enjoy in the future.

There is a huge possibility that bitcoin will reach $20,000  in the year of 2021 just like what happened last year of 2017 because bitcoin's price is now very close to become $16,000. For now, all we need is to have patience and maintain our long-term bitcoin investment in our wallets for us to gain more considerable amount of profits.

The basic rule of greed, everyone wants more money and even when the bitcoin market was rallying from the start of this year you could find many topics created asking about the rally and when the all time high valuation could be achieved  :D. I wish i had the opportunity once again to purchase the coin at a lower valuation as this year was a disaster for me and so does for the majority but who knows whether we will be getting that opportunity again.

Yes people are crazy greedy these days especially in 2020. Do you ever frequent the stock market forums? There are no people out there buying blue chip stocks which can gain 5-10% a year they basically want stocks that get them at least 100%+ returns. People pretty much stopped trading stocks all together and basically buy options because you can easily get 100%-1000% gains with those.

Bitcoin is no different. People won't be happy if BTC reaches $20K, they want $50K or $100K or even $1 million or so. Same reason why so many people lost money in late 2017, they were given the option to take profit at $20K but they wanted $25K or $50K and instead it went down to $3K. So this is why in many of my posts I think we might top at $19K because every body is expecting $20K+. The markets are not kind for the greedy.

yeah, and they even sell charts or TA analysis to noobs. They think that the US elections is the catalyst for a massive crash to bitcoin and US stockmarket.
Well, I its the opposite no massive crash just a slow uptrend until it hits the ATH.

Finally, bitcoin be able to break the $16,000 resistance level today, the price fluctuates within $15,600-$16,100 although it still in danger of rejection.
this allows the support level of $15.500 to form and become consecutive, showing the potential bullish trend pattern to set a higher support level to reach $17K.
Based on the chart and technical analysis, bitcoin in bull run to reach $20K by the end of the year, just be patient until we get there.

I see you lurk around wallstreetbets as well :D. Reality is that if you make 5-10% a year return on your investment, there is a slight chance that you will leave your kids a decent amount of money to raise your grandkids, it will not even be fast enough to help you with your own kids, but your grandkids could have a better life, only because you saved aside some money and bought some bluechip stocks with it, that is it.

However when you chase 50-100% returns from each movement, you could make your own life a lot better, certainly a lot better for your own kids and it requires just one getting lucky with one 100x crazy increase in some project, it could suddenly change all of your life. When you weight risks and rewards, the reward is just too big to return from and focus on getting 5% instead.

Given the increased interest in bitcoin, which is confirmed by the large-scale growth rates of bitcoin capitalization in the cryptocurrency market, its price will rise rapidly and it is quite possible that we will see $ 20K before the end of the year. CoinMarketCap indicators eloquently confirm this.

The upward phase of bitcoin price is projected to continue until the end of 2020. The lowest price for bitcoin throughout 2020 occurred in March where bitcoin was trading at $4,106 based on data on cmc. Since then the price of bitcoin has continued to rise and is getting stronger and has the potential to reach its new ATH in 2020. Currently bitcoin is trading at a price of $16,130.58 (up 2.8% in the last 24 hours) and still tend to continue past its resistance level. The strongest target for the current bitcoin price is $17K and that's still quite realistic to achieve in my opinion.

Yes Bitcoin is heading towards $20,000 and hopefully the landmark figure of $20,000 will be achieved by the end of this year if we don't face any further setbacks. After 2017/18 bullrun this is he first time we have reached till this value and this time I am sure that the value of Bitcoin will cross $25,000 as well.

Let's prepare for all possible movement, pump or dump so we can always make a timely action, if indeed it will rise, then i guess we should start selling our bitcoin as it's possible the dump will happen next if it will fail to reach a new ATH. But if it will dump from now, just hold on, maybe convert to stable coin and wait for the timing to accumulate always at dip.

It is the level of expectation everyone has about bitcoin and how much it can rally, it is true that some neglect the fact the price rallied a long way in the past one month and still looking for the bull to push the price near the all time high valuation  :D. Anything is possible in the market and we had a good run this month and i am expecting the market to level up for a few week or for a month before going for the all time high valuation as the market cannot move higher all the time.

Speaking of possibility, it is two-sided. There is a possibility for the market price to break the $20kmark and also, possibility for its market value to fall in a sudden, bottomline is lack of certainty to when will things occur and I think that's also the reason why some people are still doubting on its occurrence even if the market value is slowly getting close to the mentioned market price point. Some are now thinking of selling at this early to secure profit and some are just optimistic to hold no matter what.

But still the point there is still have possibilities to reach that since the current price is at $16,700 and this is quite near to the past ATH so no wonder if things will at good side state possibly we could reach that past ATH. And let's forget the doubt and let others do that since that emotion is not gonna helping us since it will make us a loser, we just need to look up for the possibilities and if possible we should watch the market closely since if our target didn't reach we can still accumulate some profits if we sell at good figures.

Nothing had to be sure but just soon. Gonna be the next year in 2021 but probably not this year.
We are currently making a good rally as we enter the 3rd quarter but from that, it is really hard to keep the rising momentum, in fact, from $14k it drops back to $10k. Though we are positively getting back again to another ATH but that it needs other strong hypes to lift the market on the high level. But what we have observed this time, I think it was not enough to push the market at $20k.

Well, we all have a different way of thinking. It will depend on us if are taking the risk and be optimistic that it will set a new mark or sell a part of your holdings to secure profit. The thing is we don't really know how the market will turn out so prepare yourself and choose what do you think will be good for thing for you. Make sure that you won't any regret the choice you are going with.
As of now, Bitcoin is now hovering around the $16k mark and don't show any sign of a bubble, so I think it will grow even more now it is up to you on what path you will choose.

I think it's too early for Bitcoin to reach 20k $
After hitting 19k $, Its facing problem to pump and showing the dump.
All alts market are in red today and panicking.
Look like Bitcoin will do one more correction before going for 200k $.
Its time for us to buy Bitcoin in the dip.  It will go back to again 15k $ in my thoughts.

Yes, friend, that predictions of an increase in bitcoin will clearly occur next year and not this year, especially at the end of the year.
There won't be any surprises for the end of this year as the current price is just enough for the expectation of bitcoin.
so that in the next few days the price of bitcoin will decline. so at the end of the year it will be around $ 15K - $ 16k only and this is a good thing for bitcoin.
because a sharp increase will occur in the next year which is expected to exceed the period 2017.

different analysis is a natural thing and can happen in crypto, if you look at the market cap it can happen, but I do not believe that bitcoin will reach $ 20K by the end of this year. In fact, I have faith that at the end of the year bitcoin will decline and will not give a good surprise. but next year bitcoin will take up that role, to increase sharply.

Bitcoin has already declined, the one week increase bitcoin has accumulated has been erased by the one day dump.
It's currently trading at $17300 now, but it's 24 hours low was "16,334.00 usd"... per https://www.binance.com/en/trade/BTC_USDT?ref=H31B921U

The mid-level drop is probably a correction and I feel like a great place to buy. This is not an advice because I am not an expert when it comes to investing into crypto, there are people who are much better at it than me, I just feel like crypto is not something you should be looking at where it is going right now but something you should consider why it is going that direction instead.

I feel like this one is because we tried to break over ATH price for a while and failed, which means we needed more money to do that and with this drop it could be easier to go back up and break ATH, correction and accumulation periods are always needed for a try to go higher and this could be that type of drop. Of course it could also be price finally going into bear mode as well, I wouldn't know.