Bitcoin Forum

Judging the pattern and graph, I believe each btc will cost 20k before Christmas arrives. What do you think?

We cannot 100% sure about bitcoin will reach the 20000 USD price point before Christmas. It is not tough and also it is not easy also as the festival season people will sell their bitcoin for their Christmas and new year purchase so it is not possible to achieve who knows bitcoin can do overnight achievement also.

This is just a mere prediction. it is not 100% certain. this days following graph partern doesnt give indication of rise or fall in price of bitcoin. market volatility has made bitcoin very unpredictable just few days ago the coin started going down with alot of news that it will go down to $13k but now its back at $16k plus. to me i feel the price of bitcoin doesnt determine by demand and supply but been influence by group of bitcoin dev. the same dev responsible for hard fork

No guarantee for that bitcoin will reach $20K before Christmas because bitcoin price is highlt volatile and no one knows when it will bump and dump and no use with the graphs because these is no sable movement in the price of bitcoin.But it looks possible with the current price growth but don't know how long the price will rise and it is hard to predict the price for short term.

Yes, I too think that bitcoin will reach the value of 20 k till the end off the year as by looking at its value increase rate it will surely reach a high end value to the end of the year. Bitcoin is becoming famous daily and more people are using it to keep there  money tax free and safe. Bitcoin is also helpful in investing of money and gaining good profit just by holding it. One should freely invest it it now and will get  a sure profit till the end of the year.

So many crazy targets. This scares me a lot. I would prefer a healthy correction of the whole crypto market cap. But seems like this will be skipped and corrections are getting solved faster and faster each time.

This query is same like last year. Many people created a thread last and before that year too. Expectation usually to bump atleast around 500 USD but this year due to big bump in the chart. That will be make some change in the price chart for sure.
Every year in the time of Christmas we use find some bump and this time with the effect of CBOE and Christmas. We will find the good growth in the chart. According to my speculation we can expect the bitcoin price to touch till 20k USD before January 1st.

There's a very good chance that might happen. Many say it was just a mere prediction but bitcoin price is on the rose and it is like 17k dollars now. But I just went through an article just moments before saying there would be bitcoin hard fork on December 15th of this year so, we just have to wait and see whether bitcoin reaches 20k this Christmas or it doesn't. I'll link the article as I find the link.

I don't think so that before Christmas bitcoin will reach $20,000. We do have our different desire for the price of bitcoin to increase and if that happens against to what I believe it will be great. But I don't want to expect more for today, other altcoins are pumping too. But if most of the holders on those coins starts to sell and after profiting on it will jump to bitcoin, $20,000 before Christmas or New Year is possible.

Indeed, prices are a bit hard to predict since last week but I am sure that it will not reach twenty thousand dollars by Christmas. Actually, prices were within the normal correction and thinking that it is very calming for holders like me. Giving a mark of stability for a sure value before the year ends.
Christmas is spending a lot. That is why I am expecting a drop and recover before new year.

I can't tell if that's going to be a real thing but there is a chance. And as of now bitcoin is stopped at $17,000 and I think I've seen this pattern before that it will take time slowly with it's movement but after a couple of days it will rise immediately. We did went through a correction and let's just hope that everything goes well until Christmas eve but there's one thing that I'm even more concern today, since the price is really looking good already and its fees is high too.

Op , where is pattern of the graph you were referring to please. One cannot actually tell whether Bitcoin value will finally reach  $20,000 before Christmas or new year. But all the same it is a possibility that is bound to happen at any time soon before end of December this year.

We have got more chances of attaining the quoted price point before the days of Christmas. Another thing that could help in the growth seems to be the altcoins bump that has been taking place with several top listed altcoins. This will let a stable growth unlike other time period where at the time of bitcoin's growth altcoins goes low in value.

I beg to differ, the price point for btc was around 6k beginning of November, but now it's nearly 17k. Which also took a leap from 11k to 15k in less than 2 days. Therefore, 20k from 17k withing next 12 days seems very much possible and I am sure it will be pretty stable. 

No one can accurately predict bitcoin's price we'll never know what bitcoin might reach but expect the unexpected from btc especially with it's insane price leap. You also can't base purely in graph pattern cause it doesn't indicate that the price will fall or go up. It's market volatility makes it unpredictable, in the past few days in go down from 15k-13k usd now its recovered from 17k.

Christmas is just few days left, I think can reach easily the 20k mark. But I bet on that the next Christmas you will see the price 1 lakh dollar.

what happen in christmas? everyone buy a lot of bitcoin?
i'm not really sure about your prediction

We have more chance to reach 20k  before Christmas. Now the price is in increasing mode surely it will increase more and more. Many people now trust and invest in bitcoin will leads the price to increase tremendously.

After the sudden rise of bitcoin this past few weeks I don't think the price would reach $20,000 before christmas. Before next year there could be a chance. This is my speculation because there's a lot of increase that's happening with more opposite reaction now than last month.

If it stays above 15k it's already more than great. It rose too fast lately and a correction is more likely to happen than future growth.
Everybody hopes that the futures listing should decrease the volatility, but I think that the effect will be the opposite for start. After Christmas, or maybe at some point next year Bitcoin should (hopefully) have smaller fluctuations, but until then at least one big decrease should not be a surprise.

no one can predict the price of bitcoin. if have i think he or she is billionaire now. if you have bitcoin just hodl and wait for the price up then widraw. then wait again to low the price then buy again.

It could be bitcoin prices up to 20k before Christmas, due to unstable bitcoin price movements, then bitcoin prices up to 20k is a realistic thing seen from the development of bitcoin lately.

Bitcoin value now was on stable price, I agree that no one who can says what happen to the future value of bitcoin. Because it's hard for us to read the fluctuation of this crypto in the digital market, since Christmas seasons is coming it means there's a possibility that remittances transaction were raising up.

In addition it is only 12days remaining before Christmas is coming so I guess it's hard for them to achieve $20,000. But still were hoping that bitcoin meets $20K before end of this year.

Well yeah nothing is impossible with bitcoin as we all witness its power within the past few days and proves that bitcoin is the king. Reading some threads and some speculated that we'll close the year by $15k and everyone was shookt when it actually surpasses it and now we're sitting in $16k and we almost feel that our Christmas will be more merrier than ever with the smell of $20k.

If just a speculation without a real and valid data , i think around 25 to 30 december the price will get skyrocketed.
And then in the early new year it could get dropped more than 40%! Stay safe and put the money you can afford to lose only.
We are in a phase where everything is so uncertain but peoplecso overconfident.

If we see the trend of btc of this month by christmas it can easily cross 25k. Today price is 17500 nearly in a week 20000usd and next week 22000usd to 25000usd. This prediction can't be wrong means 90% chances that this will happen.

There's nothing to lose if I'll speculate that it's possible to see bitcoin before Christmas Eve or for New year. Anything can possible to happen as the whole cryptocurrency market is very healthy. ETH reaches its new ATH at $700+ and the same goes for Litecoin. If people from these altcoins who bags tons of profit will sell their coins and just buy bitcoin that will make the price to a massive increase and lead to the unexpected price that mostly are thinking.

This possibility does not seem so farfetched, taking into account that recently the price of bitcoin has already touched the $18,000 line after starting the month around $10,000. It is true that bitcoin futures do not seem so optimistic about it and even it has been observed an important resistance around $17,500 over the past few days but I do not see enough force in that psychological level, so I think it's only a matter of days to break the $20,000 mark for the first time in history.

whereas in the last 2 weeks the value has increased by over 7k even exceeding 17k, the "20k" target is not impossible, but it could also come down even under 10k!
I'm curious to see what will happen in 2018... the price will stabilize or continue to grow?

I think if BTC reaches to $20.000, what is very possible, it will have a short duration. Probably right after Christmas or New Year the price will drop as it increased too fast. In times like this we are now, people are receiving their 'extra wage' like every end of year, so they have more money to buy gifts, or in this case, to buy Bitcoins, increasing the demand, consequently increasing the price.

But these people can cashout their profit fast to start 2018 full of money and as usual there are many bills to pay when the year starts. So, I believe there will be a drop in BTC price in 2018, at least at the beginning of the year.

yeah I think xmas will be a good time for bitcoin cause more money will be on everyone pocket, so someone will buy bitcoin and the price will raise again!

You can't predict anything, but you can look at the exchanges and see the resistance lines for each path. So far, the market has stayed steady through several volatile periods. Drops are small, which indicates the market is ready to buy as soon as it reaches 5-6% correction prices. This translates to further demand than there is supply.

I've met a few people who are taking full advantage of this by buying things with BTC instead of cashing out, you are essentially bartering for massive earnings. BTC was under $10k a month ago, my prices have been adjusted to match it! But the question is, for how long? Should we be devaluing our products/services to meet fiat demands? Ask yourselves, what happens when people no longer care about fiat values and seek to simply have more BTC?

I feel the same! It is increasing slowly if you compare it to last week but it is still increasing!

Its a no for me sir. Maybe next year will reach $20k.  no one can predict bitcoin.

Right. It is not tough and it is not easy. We have seen bitcoin break so many highs and we have seen some huge corrections as well. So far, bitcoin is really doing great but we cannot say if we will keep seeing that trend in a short while or we will just keep having some sideways movement for now. I guess we just have to wait and see what happens before December ends to know if we are in for a new surprise or not.

But it is getting tough now to really get past the previous top. Anything can happen before December and we cannot really say for now, if there could be a probability of another bull run. One thing for sure though is that, bitcoin is here to stay and in the long run, we are going to be having some huge value placed on it.

Though about it but seems we cannot see the price reach for 20k$ for now since looks like it will stabilized on 16-17k$ on this month and where on the middle of december so possibly maybe by next year we can see more pump coming unto since the price prediction on bitcoins by the whales on sane forecasters are huge so definitely we can see this up when the peak comes again.

It may , it may not.. everything can happened and that is possible.

Pattern, graphs, chart analyzation etc. will tell us where it "should" lead but a crazy pump or dump that will happened along the way will spoiled the analyzation. If it will not happened before Christmas then no worries as chances for that to happened are really closed to reality.

I think the current bitcoin price is a good gift for Christmas already. :)

Yeah, judging from how bitcoin has moved through the past few weeks i think the rally to push us over $20k real soon. Although, i'm not quite sure if Christmas is going to be enough time for that rally to develop fully.


Exactly. I think at this point, really there is nothing that can accurately model bitcoin's growth curve. It's just exceeding expectations but sometimes when people forecast it to go up, it doens't go up that much at all. But generally in the medium-long term you'll find predicting price quite easily.

That's why i think that christmas $20k prediction may be too rushed, for security, give it a month's time or so.

Yeah, I agree, BTC might hit 20k but then drop to 15 or 10. I'm watching it right now try to get over 17.2 but I know it eventually will. The only problem is that if you bet against it, you tend to lose and then FOMO sets in and you might overbuy. I don't know why I fell for this trap and bought LTC at 350. It's a good currency but I don't think it can stay at that level. Ethereum as well. PLUS so many fricken other alts. We are all waiting to see what will survive the winter. If it hits 20k, celebrate. Take out some of your profits and celebrate. I need to stop looking at graphs...

Well, if he even reaches this limit, it will not last long.
Since any increase implies a decline!
The adjustment will do its job, until the new year, it will grow, but starting from the 28th day it should go down. Well this is my personal opinion  ;)

Our Christmas will probably merrier and it will be the perfect time to celebrate because I believe that this speculated value will be possibly come true. Bitcoin help us especially who believe its volatility because its time for them to harvest what they planted. And I am also lucky that I was able to join in this community.

I don't care about the current price of bitcoin. I'm saving up coins to buy a car. Up to this point I can only observe the behavior of prices. I hope that next year bitcoin will rise at least twice and it would be about 40 dollars. I can't even imagine my life if someday bitcoin will die. After the onset of futures trading bitcoin price shows relative stability. May be for this reason that eth has gone up? Speculators decided to use the coin.

The market is simply said, exhausted. Altcoins on the other hand were overlooked for quite a while, which to a certain degree have catched up a bit in the last days. It's a logical way for this market to react on a calmer Bitcoin.

This market is dictated by greed. If one coin doesn't give people the gains they are looking for, they will jump over to another coin directly. It has been like that since the very beginning, and will definitely not change.

Bitcoin has been the main character in the last months, which we have to accept can't take on endlessly. It's actually a healthy move if the market starts consolidating in an appropriate manner, we definitely need it.

Good prediction but it is still a prediction until not turn into reality. I am not so sure if I will agree on you or not. Yes bitcoin pump so fast especially by the end of November and early in the month of December. But about what is happening to bitcoin price right now, I think it will drop more. Plus we are expecting for another fork on the next few days so another thing that may cause bitcoin to drop. Well this is just a prediction of mine. Bitcoin is still unpredictable and maybe it can surprise us again.

For me, if bitcoin will not hit 20K USD by the end of this year it is ok because by early in the year 2018 it is not impossible that bitcoin will hit it. But if your prediction really happen since there are still 11 days before Christmas then it is a good thing.

It is very much difficult thing to predict the market price of bitcoin as no one out of us really knows what will happen in the coming days. However, looking at the current situation and the past record, there are likely chances that bitcoin will reach up to 20k$ by the end of this year. This way bitcoin will also double the happiness of Christmas and will give its investors a gift in the form of more profit.

Why not? This can be possible but don't expect on this 100% unless you already prove it. Christmas is near so less than a month we can prove if that will happen before Christmas. We are all hoping on $20k. But don't expdct too much this year.

I agree with you . Nowadays most people collect profits from their work in Bitcoin, a lot of dreams are achievable and we have a much higher goal. This is a thing that everyone is looking forward to. Bitcoin price increase is very meaningful, but the amount of Bitcoin we can get will be much more important. When we can get more profit then we can get what we want. but I am quite optimistic that Bitcoin can achieve a high price increase before Christmas. Probably will not reach 20K USD, but I think the increase will be enough to make us happy.

I thinks it is now very impossible to hit your speculated target because lot of factors to be consider like the invented forks, price corrections, expensive to purchase for an investments and people will need money to spend for the holiday season that they will sell their bitcoins for good.

I don't think so. Now the price is around $ 17,000 and it is not growing so fast. The market seems to stabilize slightly. Some small investors can sell btc before Christmas. Rather, $ 20,000 will reach after the new year, but it can not be predicted 100%.

No one can ever be certain. Although looking at things and the tug of war that has been going on with the bulls and the bears lately, I would say anything can happen any moment from now. It is possible we can start seeing another bull run or a bearish market as the case may be. However, like you said, no one can predict what the future holds, but there is every possibility that we can.

A lot of attention is being gained by bitcoin now and things are starting to get interesting. So far, we have been hitting some level of targets that even some of us never expected could happen earlier. With that, I have just learnt to believe that anything can be possible and with bitcoin reaching $20k, it is very possible and I will not discard those possibilities.

None can give an exact prediction about the price or the growth percentage to reach the same. Being a speculative asset we can just make a prediction, can't provide with a confirmed statement. As the price seems bit of stable after the price peaking to cross $18000, once again it has begun to grow. So we might get the possibility to touch $20000 before Christmas.

On or before christmas, yes theres a huge chance to hit that mark. Speculations has a huge role to play when it comes to hitting a target mark for a specific period. Because it can make people diverse their attention from other coin to the highly speculated one. Due to high fluctuation rate of btc, its not impossible to increase 4-5k USD until christmas. The more btc increase the more interest has been garnered. Lets just hope it will, coz its gonna be great christmas if that happens.

That is very possible and we are already on the way of that because bitcoin has not stopped amazing people and gaining profit each day every day , just today it gained 7.52% of value which is nearly $15 603 200 000 and it's really a huge figure for just a 24h volume ! . If bitcoin manages to stay this high till the end of the year even if it doesn't reach the 20k i'd be very happy since even if a hard correction comes bitcoin will gain back value very shortly and continue it's journey !

I don't think it's going to happen before the Christmas, since the value is still in a correction, which in my opinion going to last an important period after the numerous changes that have taken place ,which were successive temporarily speaking, and important on the value side. Otherwise, with its current value
 of the bitcoin which equal to 17 000 US dollar can touch the 20 000 US dollar in at most 24 hours, since it is just a growth of 3 000 US dollar.

The most important thing is that the price of Bitcoin will increase in price compared to the current price. although it does not reach 20K, but it's been great fun. We can still get a price that's worth it. I think we will all be happy and smiling, especially for those who do have a lot of Bitcoin. This is an opportunity to sell Bitcoin and earn a lot of money. You can imagine when we have a lot of Bitcoin and buy it in 2016, this is really a high percentage increase compared to other investments.

Well,maybe the impossible word is not the most appropriate especially in this case because that price is not very distant and even though what you just mentioned are factors that could apparently prevent this from happening and by virtue of this,bring about that the price never reach that record,but what you are forgetting is that there may also be other factors that could counteract this effect and really do that possible,in any way it is not possible to define what will really happen.

I think bitcoin will cost $22000 in Christmas

It can be worth $20k+ tomorrow. That is only like 9% more then is now. Bitcoin had many at least 9% daily growths this year.

Christmas? Why so conservative? I'd say in the next couple of days according to the surge we're seeing right now! There's no better time to HODL!

TBH, I was wrong on my prediction last week where I said on a topic that it will be hard for bitcoin to reach the $20k mark because it took so long for it to reach the $11k mark, but I'm not that negative person or one of those people who always say that bitcoin is bubble, blah blah. I'm positive in my own way, I just said that because I don't want to get anyone's hope high. Still, this doesn't change the fact that there are still many unforeseen things that could happen to bitcoin that may or may not let it through the $20k. Let's just hope that in the Christmas season, the demand will still grow so that bitcoin's price will grow also.

I would like Bitcoin to relax in the 18000s and 19000s for the next 8 days and then wake up Christmas morning to $20k Bitcoin...though it will probably pass it before then. oh well.  :P

Right now it's value is $18000.Your guessing is 20k, If it happen before Christmas it really very boosting to all bitcoin users.
But cannot we say surely it will definitely happen. Everyone knows that bitcoin is a digital currency. Cannot we predict something like to occur.Some haphazard juncture the boosting of value may take the place. Let see what will happen..

How do you say that it will not reach to the 20k before Christmas, currently prices are at 18.69k and this shows that price will go above 20k soon and maybe in couple of days and those who are waiting for the 20k to sell their coins will soon get their parts and next aim of bitcoin will be ending at 25k+ at the end of this year to give 2k18 a huge start to carry on bitcoin rise occurs in small time and soon you will see 20k on board.

Very much I doubt, that this year we again will see the price of 20 000 for bitcoin. The latest speculation makes it clear that the price is likely to fall. Moreover, most futures assume a lowering of the value of the cryptocurrency.

I'm not sure because bitcoin prices will rise when market demand for bitcoin is large enough or the number of bitcoin investors increases so bitcoin prices will go up and bitcoin prices will drop when many bitcoin users sell their bitcoins. So at the time before natal I think many bitcoin users will sell the bitcoin for christmas so the bitcoin price will go down.

Everyone is definitely free to speculate, make predictions and all that based on what they believe and even though you did not mean it, no one would really have known.

All the above, this is an unpredictable world and anything can happen at any time just like the recent dip we had recently, and that is what should be expected from a market. The same way we can have a huge correction is just the same way we can have a huge bull run.

Anything that happens to the value of bitcoin should be a good thing for the bitcoin users.
If the price increases, great as the one that is being held would keep increasing and if it gets down, it would just be a good time to buy in the more and nothing so different at all.

The possibility is still there even after the long dip but anything can still happen. Those who want to take profit are all gone and now we have sanity back into the market.

on this time i dont see any possibility to reach that valued  cause i saw and  i think that bitcoin will end its journey right now.Which is the growth rate of bitcoin decreased and fall back to 15k so the volatility of bitcoin is over i think

i doubt bitcoin will reach $20k before christmas because the current situation for bitcoin seems detained to rise now because seem other people aiming other coin to get profit and bitcoin cash seems raising rapidly however still holding my bitcoin and i wish after christmas bitcoin will surpassing $20k

It is very intersting what will happen next, either Btc down (correction) or further up in the near future. If you believe (I tend to do) that the dump now is due to cashing out Btc of some people before christmas, it will further rise first next.

It really reached those prices, but now it started to go down.. I dont know, but there are a lot of people trying to cashout their bitcoins and they are moving to alts.
That is why there are a lot of altcoins being hardly pumped right now

With the current correction down to $15k it looks like we might not pass $20k until January.

With current market sentiment down. Should be next year now.
BTC value have grown too fast, healthy correction incoming.

yeah maybe we'll have a few weeks under the ATH before momentum builds back up again, like we had back in june/july and september/october.

I'm not sure about the growth happening with bitcoin. But as a whole it is expected to provide us with a large scale growth before the days of Christmas. We're just few days away from Christmas, but the price seems going low. This time the price might depend on the fork excepted to take place.

As I remember, the price dropped to 13000 dollar after it reached 18000 dollar. It was about 2 weeks ago? what happened then? Price reach 19500 only in one week. That rise in price can happen again. Bitcoin price is really unpredictable.

Last day December 21, four (4) days before Christmas bitcoin price is still down to range of 16K USD. Today December 22, bitcoin drop again and it is now in the range 15K USD. Maybe you looked in the pattern in the last weeks when the bitcoin is currently rising but now the direction got reverse. It is now dropping and dropping. The chance of reaching 20K USD is fading. Maybe that 20K USD is possible in the next coming year, maybe by early 2018. But not a bad thing after all, bitcoin is still high. Let us just use this drop to buy bitcoin.

Honestly, this is what I really wish but that should be expected now or there could still be some possibility of seeing bitcoin tests that huge stage again. We cannot always keep having bull runs for a long time, the bulls and the bears at some point will have the time of the year to relax and that would really give it an opportunity to start testing the tops again but for now we are just Okay with that huge buy ins.

There was a pretty much huge corrections in last 2 days. However, that does not mean, they are normal and does not mean we cannot test that top again. I would not be surprise as this is much expected anyway but at the same time, I will try to keep myself a braised to be sure that I am making the right decisions as well as the market is full of uncertainty right now, but no need to be worry as the future is bright.

Still there are three days to come and people are hopeful that it will again strike to the 20k at Christmas and it is totally depending in the people who bought bitcoin in recent time and if the no of investor is great then it will take only three to four hours to hit 20k but we are hopeful that bitcoin is in incremental situation again and all of investor community want to see 20k price enlightening market board to wish people happy new year.