Bitcoin Forum

Bitcoin soon after its introduction in 2008 became the only decentralized, transparent, fast and non-repudiable protocol. Bitcoin in no time underwent a significant growth by provoking a certain kind of hysteria in the investors and speculators to earn great profits. As the popularity of cryptocurrency rises, many countries like China started imposing strict restrictions in September, 2017 by calling it a ‘fraudulent practice’. Social media platforms like facebook, twitter and Google joined hands and banned all types of cryptocurrency ads. Since then, the value of bitcoin fell by large margins. As a result, many lost their confidence and interest in the market.

But by far, Bitcoin has lived in a “space of unknown” to the general public with less crypto-educated people. Once that changes, bitcoin will once again see the paradigm shift to find its stable place in the market.

The question of whether bitcoin will ever hit 20k again has turned around the minds of all sleepless investors who entered the market of cryptocurrency in 2017.

I believe that Bitcoin has a lot of potential in surpassing the past records if the concept of cryptocurrencies reaches its true potential and is adopted worldwide.

Let me know your thoughts? Do you think Cryptocurrency is past its heyday and no longer going to revisit or surpass its past glory days?

$20,000? It would surely reach that price again in my opinion. It's just a matter of when.

As much as I don't want a economic crisis to happen, I think an economic crisis is what would bring the prices up significantly. Especially for 3rd world countries, chances are, people would be looking for a sort of 'hedge' against their local fiat money(pretty much like what happened to Venezuela); and I think gold and silver would be quite unlikely to be their choices. While precious metals are more stable in price, they're really isn't easy to transact with. Not to mention they could be faked.

P.S. Take my opinion lightly. Not an economic expert or anything. I definitely could be wrong.

BTC will definitely break through the $20,000 mark again!
The blockchain boom is swept the world, and people will soon realize the importance of cryptocurrencies! Bitcoin has a huge chance!

It will.
Because bitcoin has a really unique feature that other payment system don't have.
Market already stagnat for at least 1 month, we will see market movement soon

This may happen and may not. This greatly depends on how the world will interact and adapt to bitcoin and how bitcoin will develop to be user-friendly over time.

People are scared of a thing if they do not know it, they consider it risky, so I think user-friendliness will the key.

Basically all bitcoin holders will definitely think so. hope that bitcoin prices will be more expensive than $ 20k, even though currently it is still at a price of around $ 6500. I only expect more than $ 15k, that's more than enough for me personally..!

We'il see a lot more than 20K. Bitcoin price will increase to at least 100K. It doesn't matter if it falls down so far.

i think it just a matter of time, because at the end of the day bitcoin will be recovery again soon. And there's still a possibility of bitcoin to reach 20k again.

Bitcoin and other cryptocurrencies have not even entered their glory days yet. Question being, whether they ever will.

The longer Bitcoin survives and evolves, the further it cements its place in the world. Everything else is just a matter of time, especially with the ecosystem being as strong as ever. Even the alt coin market should evolve beyond its bullshit phase eventually. As such I'm fairly confident that the best ist yet to come.

It will reach that mark again, not just as fast as everyone expected. I honestly think the next big increase in prices, let's call it a bull run, when the btc price will test the last ATH again will come when adoption goes mainstream. It'll be the fuel to make the prices skyrocket, there will be a lot of hype and demand for it and before we know it, we'll be above the 20k mark.

But as of now, it seems vert unlikely that we'll test 20k again, it would take a lot of hype and fomo from the general public to reach that price, but there's nothing that could trigger those two points in the short-term.

$20,000 bitcoin will cost no earlier than a year if the number of investors grows.

There is 38 million millionaires on the planet... 21 million do the math :)

yes it can

will it ever see 20K again? For sure. I'm confident that by 2022 (around the next halving) we'll see 20K again. Cryptocurrency is still far from its full potential in my opinion. Well I know 2022 feels like a long time but I'd rather have a slow, steady rise than major pump like we had in 2013 and 2017. Such moon rides always followed by huge drop, which could be disastrous for newbies.

Cryptocurrencies can still hit a new peak in the future because of how volatile it is and the market is currently small when compared to the others that are in the trillions.

For Bitcoin you already answered your own question. The price always improve every year that's why i'm also confident that Bitcoin can reach $20k again it could be next year or the next halving who knows. Only a hater would say it won't go $20k.

Reaching the max supply would take a hundred years though.

The possibility of bitcoin hitting that high again is predicted in 2021. It is believed that bitcoin gets to a new high every 4 years. Check the charts.

I always think positive that it will but the right time is yet to come. There are a lot of issues on btc that need to be addressed one at a time and I  know that all will be resolved and the 20k ATH will  be achieved once again.

I sincerely do believe that bitcoin will indeed rise again and hit greater heights than $20K in the near future and though it will take time I believe that it will. We can see that it's been stabilized for a while now and from its stability, we are going to see a rise in value.

These predictions doesn't mean crap. "It is believed that bitcoin gets to a new high every 4 years". That's a very inaccurate benchmark. Bitcoin is only what? 10 years old? So you only have 2 instances there.

There are no reason why Bitcoin will not be able to beat $20 000 or even $50 000 for that matter, we just need some event

that would catapult it to those price levels. A possible event might be the approval of Bitcoin Futures or possibly Amazon

allowing people to pay with bitcoins on their platform. The problem is, who is asking for this and are there enough people

asking for this.  ???

But you still have to remember that we are still in the early state. There could be a lot of negatives news about it but I'm sure people are not losing their confidence. They are just waiting in the wing, ready to pounce when they see the market somewhat started to make a break out run.


Again, this is a journey, everyone started with zero knowledge of crypto but as they go along they have learn a thing or two so sooner or later we will see. that there will be shift, specially the mentality that its not a get rich scheme.


Definitely, $20,000 is doable. We just need one catalyst that will push the price to go even further. As I have mentioned we are still very young, significant things can happen in the next 2-5 years that will broken the current all-time-high.

   That's a one million dollar question as posted. Some speculators on the Crypto Currency Market, often give their own opinion on what to become of Bitcoin on the price value in the Market trading of Crypto? one should remember that Market is Volatile, it is unpredictable, anything can happen during the trading market, there are some indicators to note that market movement is always dependent on the Consumers level of confidence, the volume also play a degree of reference on its market status. Bitcoin price may even surpass the 20k in the near future once it breaks all market resistance and accepted globally by the Financial Institution and by the Government.

Have you ever thought of something like: How many people are already using crypto currencies? Does a large portion of the population knows about it?

Because the answer for your question might be there.
I do think it is the answer. Once people are adapting how the blockchain works then they will soon change the traditional way of doing transactions.
I did. So, I am basing it on my experience on how I got in with the crypto world.

That time where a large population of the whole world is using it, we will see a better value. Maybe not $20k. It could be better than that.

Or we could resurrect Nostradamus and ask him. ;D

I don't know if we see 20k, but in a short time, I think we'll come to 10k. I also think that people will be a little more positive with new ETF decisions and new investments will increase.

usually when a certain price level is reached it will be reached again at some point too simply because people will psychologically expect the value to be that much.

that is the simple way of looking at things. more detailed way is the fact that bitcoin potential is still a lot more than just $20k! there is much bigger target for the price speculated to be reached that $20k will look like nothing in comparison.

Its to Soon for 2018 because the market we experience now is stable at $6000 - $7000 this can be not enough to reach that $20000 if the whale manipulated it and some economic crisis that experience by other country it can help the price grow rapidly. We expected more investor now in 2018 and some of them our dont have enough capital to affect the price of bitcoin. as long the investor getting more and more the price of bitoin can reach that $20000 target.

As i saw from bitcoin guru who forecast the the bitcoin price said that it won't reach $10k at the end of the year but thats only a prediction and only based from the data for the past years so we won't know for sure if it is correct. But maybe next year will reach its ATH again but not this year for sure.

Bitcoin would be 20K but not in this year. Still dip ongoing in cryptocurrency market, but i hopefully market will overcoming a couple of months.
This is unpaired market it was not expecting. BTC will grow 8K$ in this year and obviously next year will reached 20K$ we can hope.

Bitcoin will recover the 20,000 USD value or even higher.
But not to expect it to come this year as we are now short in time.
we just need for further development and approval from different regulations.
50K USD will be possible on 2019.

Probably it will going to happen. We will just have to wait for it to happen though for now there is no clear direction on the bitcoin market price if there is a bull run. We should wait and should also expect that much for it. Anyway, the good thing is that we are near to the 2018 year peak season and this will be a factor that bitcoin could make a bull run.

Here we go again, talking about 20000$ price like it's some majic number.
Yes, I beleive Bitcoin will reach this price again and even more but this will not happen according to our desires but when the market will be ready. And this will definetely not happen this year. Actually it might take another year or two, such a bull run doesn't happen so often, even if Bitcoin is involved.
But instead to be so much focused on achieving 20000$ again let's try to get the most out of current situation at the market and current price.

Hello,

We don't know when, but there is a big chance that yes it will rise up again. It could be long depending of a lot of parameters but I would not see BTC stagned like this according to the huge interest of it. Especially when more and more steps are achieve towards general acceptance.

Everything is possible in crypto. When something is used as an investment and not as a consumption good, the price itself does not matter. Only what the investors think the price in the future will be matters. For example, it does not matter if the current price of stock X is $100 or $100k if people expect it to rise 20% in a year. They'll buy regardless.

Same for Btc, if price will start raising constantly, price could recover and exceed 20k one day.

As soon the Bitcoin price hits $20,000 again people will start to sell most of what they own, thinking "this time I won't miss the opportunity. With a large volume of sales we can expect to then see the price decreasing again.
With the next halving I doubt the price will go up to $20k again, but we can hope

Definitely it will. I am sure people never thought it will even reach as high as $20k but it did. Since it has reached that, it will surely surpass the previous all time high. Many factors led to the fall of bitcoin. This is not even the first time it has crashed. In my opinion, it will rise past the $20k in some years to come which will not be just a currency but with time, it is going to be an asset  ;D.

Bitcoin, I think, would be able to find 20k because Bitcoin is now the most widely known currency, and it is still moving forward, so Bitcoin will rise and rise above 20k

Not necessarily. Check out the previous bull rally when we were passing $1000 USD. You could expect that after the low of $300 people will unload everything at $980 , but we haven't seen any red candles until $1030, so $1000 did not act as a psychological barrier. Even the 1030 caused just small sell off that took us down by $30 and failed to break below $1000. I believe that if we ho to 19k with high volume we'll repeat the same pattern.

Price bump will be there in the cryptocurrency market but many people does not know that simply they are out of the investment and hodling nowadays since they sold the fiats and other alts.


If the price value grows up in this year end we will be find the same bump how we saw in last year hope the people hodling the fund and invested in this bearish market to boom themselves.

$ 20k is a high price for bitcoin, now we have not been able to give speculation on price earnings for bitcoin. so I think it might be possible to see the potential of bitcoin in the future, but when the right time is unpredictable.

Tell me more about the uniqueness about Bitcoin aside from being the first coin ever made in history. As far as I know it is a model of the alts and most are copied from the idea of BTC. It has never had a unique system but it was the first and more coins are better than BTC in terms of transaction cost and speed. Anytime one of the top coins in the market can overcome its price so we don't know for sure.

I personally believe that it will reach that mark again. I just don't know how long are we going to wait before we see that numbers again. and it will rise higher than 20k. but no one can predict when.let's just wait and be patient.

Many investors and consultants say that $ 5,700 this year is the bottom and prices will continue to grow. Although in the long run there is every reason for optimism, in the short term, it is worth restraining enthusiasm.

Yes.I believe so.It's just a matter of time.It may even reach higher than $20k.But as of now,the price is not so high,not so low.So i still have high hopes that bitcoin price may somehow reach another heights,we just need to be more patient to wait for the right time.

I believe education plays a key role in whether or not btc will see another bull run like the one in 2017. Many people just don't understand the technology behind what makes btc so revolutionary. I also believe that a US economic collapse could help thrust btc up to new highs.

However, anything is possible.

certainly, it will not be today or tomorrow but it's only a matter of time. no one can deny that bitcoin is currently the best world wide paiment method and it will eventually be adopted by the vast majority of the world population and in this case we should be prepared to see big numbers than that and 21M are not enough for all world.

yes, bitcoin is created to always rise and increase better, we see bitcoin charts every year, and in fact, bitcoin always rises.

although bitcoin dropped drastically, from 20k to 6k, but, the value of 6k was higher than the previous value. and this is amazing.

In this market price is very possible as we all know we cannot predicted when it would take place. We do not know until when we are about to wait for the market to rise. I still believe bitcoin market will just to pump it’s value in time.

How sure you are? Nobody knows what will going to happen. We only expecting for it and. Hopefully it will happen before the year end. The last time it hits over $20k no oje expect it, everyone was being surprised that bitcoin can reach it. And today we are all hoping that it will happen again.

Yes it can increase like that, the higher the demands, the higher the price, surely it can hit $20,000 in the future

   The single and only hope crypto has of ever becoming valuable and going mainstream. Even then the Governments will fight it harder than they are now.

Just trust on what the coin capability just believe that they can do everything's gonna be alright they will be overtake the target of 20k$ it will be more than 20k$ just wait the run of this was still long just don't focus on the price for now just focus the technology by itself you must add more knowledge about crypto currency.

It will definitely reach $20k but the time is indifinite.Bitcoin will continue to grow as months and years goes by so maybe few months from now,a high surge may happen.Remember that bitcoin had almost reach $20k last year so it's not impossible to reach that price again.

By looking to the past we can predict the future.
The history of the rise of BTC doesn't lie.
It has been proven time and again that yesterdays highs are tomorrows lows.
The real question is not if but when.

The strong performance of emerging market-based assets and ETFs is likely to lead to an increase in bitcoin prices, as the correlation between the two can be traced back to the beginning of 2017.

no, as the fall of bitcoin drastically, then the FUD makes most people panic, so investors can be said to decline. and when the number of investors decreases, the price of bitcoin will be difficult at the pump. because the price of bitcoin depends on the demands themselves.

why not? Anything can happen in the future, I also have a confidence about the future of bitcoin. I think it is just the matter of time, bitcoin will soon recover from its lowest time

indeed, with the large number of investors coming out, prices are difficult to pump, but if investor confidence rises again and the government fully supports it, i think anything can happen, even if it doesn't know when it comes

$20k and more you can surely expect from Bitcoin, It's just a matter of when?
I am sure everyone in this forum will agree that the time is not faroff.

So, this could reach up to 20k USD but no time to disclose when. You have a good answer and it is indeed right that BTC will going to reach even more than that but only time could tell. Maybe not in 2018 and maybe it would fall in 2019 or even on 2020 upwards.

Yes I do believe that in discussions like where speculations are only speculations and should not be the reference for one's decision in their crypto holdings.

At the present time, as most countries in the world have adopted Bitcoin as a means of payment, Bitcoin has received a lot of investment. Many commentators have argued that the value of Bitcoin will probably once again reach the 20k dollar mark.

Yes.

It's just a question of when.

In several years, many of us will consider 20 thousand dollars a very cheap price for Bitcoin. I guess it will be gaining constantly although the growth might be not so fast.

in my opinion it says that bitcoin will come back again as it did in 2017 after there have been some advertisements like twiter that are back to promoting bitcoin if they make $ 20k clearly there will be because bitcoin has great potential as with some countries accepting this bitcoin will have a great influence on rising bitcoin prices let alone almost all the world community already know with bitcoin and its usefulness, it can be ascertained that bitcoin will have a good future in the near future

yeah Bitcoin will reach 20K again but not in the near future, if the growth of Bitcoin prices rises at the end of this year then next year Bitcoin will soon reach high prices. it is difficult to predict the price of Bitcoin but nothing is impossible be if in the next year it will reach 20K again. we'll see what will happen next year.

I think bitcoin will soon rise up to 20k or maybe above 20k USD, due to its amazing features and popularity, if bitcoin reach 20k USD before so then I believe that the is no enoughf reason that it will not reach 20k USD in the near future. But at this point of time we need to make sense of it that we are now on a very huge dip so we need a big patience today.

It will achieve that check once more, not similarly as quick as everybody anticipated. I sincerely think the following huge increment in costs, how about we consider it a bull run, when the btc cost will test the last ath again will come when reception goes standard. It'll be the fuel to make the costs soar, there will be a considerable measure of promotion and interest for it and before we know it, we'll be over the 20k check.
However, starting at now, it appears vert improbable that we'll test 20k once more, it would take a ton of promotion from the overall population to achieve that cost, yet nothing could trigger those two for the time being

There is a chance that it will reach $20,000 US dollars before the end of the year if you study its growth.
Soon the bear market will begin to rise from its hibernation and it is better to be prepared than to be sorry later. ;D
Have time to watch this youtube video about the "Bitcoin's Next Big Move Explained"
https://www.youtube.com/watch?v=Tjke23usPcQ (https://www.youtube.com/watch?v=Tjke23usPcQ)
https://i.imgur.com/GnDE12K.jpg
In this youtube video, Alessio Rastani explains the probability of Bitcoin to move upside rather than move downside and the chances are higher. I hope his analysis and prediction surely happens and there are a lot of people waiting for this kind of uplift. :D
If you're a hodler of Bitcoin this video will surely make you smile. ;D

Credits to the owner of this video. Alessio Rastani

I believe that Bitcoin will still cost over 100 dollars and all that we see now is simple growth correction and nothing more. me kazhestya that for bitcoin the future of the world finanasovaya industry

we only need to wait and spend a lot of time hoping the price will exceed the highest price in the previous year. this is the risk that must be faced if it is true that Bitcoin is able to pass the highest value in the previous days then all holders will be happy. with the increase in the value of bitcoin will increase confidence.

There needs to be a flood of new investors for it to happen again. Some people got burned and left, dumped at a loss and are unlikely to return, there needs to be a new class of investors to join in again

For my own opinion bitcoin might not reach what it reached last year. It is impossible for bitcoin to reach 20k for this year because it price right now is very stable like it isn't moving at all. Most of the users now are holding it and waiting for new investor, big investor to increase the price of bitcoin.

That's totally okay!

Everyone has its own viewpoint :)

Well then accordingly, it's never gonna rise as every investor is looking for his/her own coin to be build based upon some platform of Crypto depending upon there requirements mostly CryptoExchange and I have a very good hand in it because of an expert team working with me, so I get daily queries on it.

Thank you all for sharing your views and giving your contribution with this thread.

I have read all the views and analyzed and going to share my own view on it:
"Yes, Bitcoin will rise again in future, even more than 20K " not only Bitcoin, each and every CryptoCurrency will go high but it will take time as there are just some who are developed and are in updations as well and rest all are in development phase.

The worst part is everyone wants to develop their own currency but many of them don't want to spend money for it. One thing I know is if you want to go up you need to comeup with something good and then the most important thing is the ICO marketing with the proper strategies. I have seen many coming up and down.

P.S: This is just my View point.

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Well, there are a lot of possibilities in this world we live in but I highly doubt Bitcoin will ever get to $20k anytime soon. The crypto space keeps increasing as days go by and with such an increase brings some kinda of stability in the crypto space.

There had been many researches based on the upward and downward stretch of bitcoin's price. It is really hard to predict its volatility.

Last year's sudden price rise of bitcoin to $20k was a bubble which eventually burst and it was abnormal. It is advised not to compare with last year's price but as it is volatile market we might see that kind of rise again.

Currently, there are only 4 million bitcoins left to mine. My guess is, once the mining is over, the price will skyrocket again. Till then, we may see a lot of ups and downs in the chart.

The more time bitcoin survives the market the more the popularity will grow. When more people will come to interact with it,the price will definitely start to rise. Only time will tell whether it's going to reach 20k or not but in my opinion the best is yet to come.

BTC will break through $ 20,000 mark again. Because Bitcoin has a really unique feature that other coins don't have. We'll see market movement soon.

Well, one need not to be optimistic about whether Bitcoin value will ever return to its previous height of  $20,000 since anything can happen in crypto currency. Although if you put the on the other way like can Bitcoin market value ever return to  $1 again so that one can buy at a cheaper rate? In answering this two, one need not to be optimistic about what the outcome will be as whatever may be your answer it absolutely a prediction which may and may not come to fulfilment at the end.

It is possible to cross more than $20k but how long it is going to take nobody don't know because the market situation and from the news makes the piece of bitcoin more stable. It is a very good sign for bitcoin to hold them as long as possible to increase the price.

I am almost sure that in 2 years, Bitcoin price will be even higher. BTC popularity has been constantly growing, and the demand for this crypto has been increasing.

By the way It has become a major topic in every month that BTC will go above 20K and some even predict 200K by 2022 and that is already familiar to us,well gradually the value will improve when it will prove it all and I will hodl the longest.

I believed Bitcoin will probably will hit the $20,000 again but we can't expect that for this year to happen but maybe by next year as many countries are now starting to legalize the investments and also this figure is very small compared to the predictions by most of the famous experts in crypto like John McAfee in which they mentioning figures like hundreds of thousand dollars in the coming years. Although i think they are mentioning impossible figures but this is better than spreading FUD.

We have no idea mate because that is the common problem nowadays and probably even experts can't predict if it's possible again ,which if there's really a potential again to reach the ATH  despite of this current situation , because market still unpredictable and until now there's no positive sign to increase more unlike before year 2017

I`m rather skeptical, I don't believe Bitcoin will reach the same price level again. The price of 20k USD was conditioned by crypto currency novelty and hype - it was new, it was an undiscovered territory and an opportunity that should not be missed. I doubt BTC will be able to get the same hype as before I'm afraid. May be some other coin, even more revolutionary than BTC once was?

Bitcoin is the most stable crypto currency in the world. It will surely reach 20K. But, considering the volatile nature of the market it is difficult to predict when exactly the Bitcoin will reach 20K.

Obviously, this is something that should be expected in the long run as BTC keeps getting a whole lot better when it comes to adoption and usage. Mainstream adoption is something that I believe would cause this market to skyrocket hugely and I am sure looking forward to it. One thing that I am so certain of at the moment is the fact that, we are just starting, and even though no one knows when we will get to see $20k possibly, it would most definitely come with adoption. What we should however be focusing our minds on at the moment is to see real life usage and with that, it would come naturally.

Who knows if it will reach $20k soon but it seems too impossible to look at it this year or even next year. We will need something to make it happen and it might surpass the $20k ATH, who knows? Bitcoin and the all other altcoins are really unpredictable even if they tell that most whales would hype the altcoins if bitcoin dump but it is not happening this year.

I'm pretty sure it can happen within 2 years :)
2019 might be a good year for us since a lot of good news are happening around the world in terms of regulations from the government. I know bitcoin will make a new peak slowly but surely, we must wait for that one and have more patience. $20k will happen again soon, so its good for you to have more bitcoin on your wallet.

The possibility of returning to that price certainly still exists, moreover the development of bitcoin is still going on. but we don't know when it will happen because price changes are influenced by many things, we dont know what will come in the future, all we do is believe and wait..

You can be right but it is about a lot more money between $1,000 and $20,000 and people may not react the same way they did back years ago. Also, the people are not the same, Bitcoin wasn't so a speculative asset at this time (compared to now). Exaggerating a lof it's like saying, losing 10$ you don't care, but $20,000 is a drama

why ? i dont see any movements from btc therfor i dont think it can catch up from 20k usd by the end of the year .  

why not ? people are still expecting for btc to rise because they believe that the history can repeat itself . we all know that bitcoin do always skyrocket just before we end every year .

but overall , both why and why not do still have an advantage to all of us because we can bought more bitcoin if ever the value wont recover but if the value suddenly pumped , we can also sell our bitcoins to earn a good income .

Bitcoin is circulating world wide as we know no boundaries  there's a vast opportunities that still  about to happen, If some countries neglect bitcoin there  are lots of countries who are willing to adopt because of its past and and economical transaction.

Btc and other crypto currency are highly volatile and very sensitive to some news which can make or break the price like free fall which happened at start of this year considering from last year. One need to have patience and keep having some strategy for their short and long term holdings.

There's a lots of knowledge which is needed to improve such strategies that will be effective from this current market, chances of bouncing back to the last time high is still possible as long as there's people who's willing to hold and keep investing their money, while in the other hand there's also some chances of deeping down if whales intend this to happen, we just keep actively monitoring and stay focus with whatever strategy that we've got.

I think this bitcoin price can be priced at $ 20k again and I think it will be very easy if there is good news like bitcoin is accepted as one of the legitimate payment instruments, so the price of bitcoin can be very expensive and can return to the price of $ 20k with very fast movement. we must remain patient waiting for that moment and as much as possible don't sell the bitcoin you have at a low price.

Not just the popularity, but the support itself will keep growing and the more the support keeps growing, the stronger it gets. This is one thing a lot of people do not usually understand.

As long as people tend to see that what they are expecting is the end tends to become just the beginning, they will come to terms eventually on how they would play out their mind to be able to take advantage of a market that is growing every single day and in cases like that, support will keep brewing up, the market would become adopted the more until we reach eventually the peak.

Quite high of a market price to reach again this year because almost all year long, bitcoin has struggled to rise back. Now, another fluctuation has been experienced by the cryptoworld and it seems pretty deep already.

Not this year if i have to speculate it regarding on the status of bitcoin. It might be next year that the price of bitcoin will rise drastically again that may even break the 20,000$ all time high.

Just what I thought about in this business industry, particularly in trading market, everything are possible to happen and even the impossible in the sight of many here was also became possible. So if bitcoin reached 19k$ almost way back 2017 there is a big chances that it will go back again at the right time or more. Depending upon the demand of the communities in cryptoworld or bitcoin world either.

I think bitcoin  price will be 20k and will be  over 20k  because bitcoin is useful and  bitcoin users will be more  in the future and when i  think that  i can see this sector is growing fast so it is mean that  bitcoin price will continue to rise in the future .

I'm sure bitcoin can achieve it. there are indeed many people who doubt bitcoin, but one day bitcoin will be able to increase and people who doubt bitcoin will regret it.

We are already approaching to the end of the year and yet bitcoin has fallen away from the hopes of many that this month will be the start of bull run. Reaching back to 20,000 looks pretty impossible now with the current status of bitcoin. Maybe in the coming years only then will bitcoin reach back again that price or even more.

It is totally pretty hard for the market recovery since everything are on the dips until now. But it couldn't be the reason to loss our hope nor to think that crypto will die. These huge and long declines is just a usual outcomes from government regulations on crypto and it market adjustments, and in the following days we realize that this is the market we have.

The mindset of crypto will die is a trauma that should be avoided, because I'm sure there are still many who believe that bitcoin will rise and indeed, hope will always be there. We cannot think of just this year's fall in the price of bitcoin and then be pessimistic to keep investing and holding, because we should be aware of the price of bitcoin going to the top of last year starting from a low value, anyway we still have good and big hopes in the future somehow will happen later.

I am sure that bitcoin will be back to the highest price as in the last year, we only need to wait for the price starts rising. We still have much time to see this will happen and meanwhile, we can try to buy more bitcoin to add in our wallet. Bitcoin will still survive because many people still support bitcoin so far and we don't have to worry.

Bitcoin will reach to $20k again because with the rise of market cap and it possible that it never reach to $20k if it found no investment funds. Price depends upon demand and demand depends upon trust of the people. If people trust bitcoin and they understand the benefits and importance of bitcoin they will definitely put their money in bitcoin and thus the price will go up.

Future is hidden and human being knows nothing about the future price. We know that price depends upon the investment capital and demand. If more and more people invest in bitcoin the price will automatically rise, but if there is no or very little demand the price will never increase. Hope it will reach to $20000 again and may cross this level in the future.

Bitcoin is definitely going to hit $20,000 and we should hope that this happened before end of next year.  We should invest than that bitcoin price is very low and we should expect that bitcoin is going to appreciate in future.

I expect to bitcoin that this will happen if the price of bitcoin get bigger enough and big investors will come out for it and they hold it for a long time to make a profitable price.

Hard to predict since today's price is lower than yesterday's price. Seems it will go down more but i believe the price will be stable at $5,000.

Yeah it is right that time is not guaranteed when it will cross $20k. I also hope that the future of bitcoin is good and gradually the price will rise more and more but it is possible if we trust and believe bitcoin and invest in it and also convince more and more people to put their money in bitcoin for to earn some money for free if the price goes high in the future.

Yeah you are tight it is just a matter of time and we know that nobody knows when. I can answer why but don’t know about the time. trend towards cryptocurrency in increasing day by day and more and more people come to know about cryptocurrency and when the understand and realize the importance and benefits of it, they will invest in it and when the market cap increase the price will also increase.

I believe that this is just the beginning of cryptocurrencies development and using of blockchain technology of which bitcoin is the chief cornerstone.  Bitcoin may not get to $20,000 this year again but in years to come it will get to $500,000.we should keep buying as this is the major way we can be part of the future. Never invest the money you can not afford to lose.

Same here, I also bitcoin can't able to reach that $20k again this year because the market is often bearish for the past nine months. There is still no clear sign of bullish trend in this 4th quarter and the price growth is still slow compared to last year. For the past few weeks, bitcoin experienced some price uptick or slight increase of price followed by dip again. $20k might be reach again or even surpass it next year if the factors for reaching higher growth are present.

As of this moment the price seems no strong preference that it has a potential to bull run but  the possibility to reach 20k is achievable because of the volatility of the bitcoin price, the possibility of creating hyp and FOMO is still possible because of it's wide range of coverage because we considering a worldwide coverage because it has no boundaries.

Yeah we don't know when this bearish will end but $20k will certainly happen again but maybe not for this year, we are still stable at
price $6k and maybe there won't be many changes until the end of the year, I really hope prices can be better next year

If last year's all time high is just the beginning of bitcoin's rise, then the answer is yes and i believe that it will reach hundreds of thousands in the coming years. As for 20,000$ worth per bitcoin, maybe this coming 2019 or in the next decade.

I think yes if insitusional investors join market but when it would happen ? was said at the end of thi year but seems we dont see that and now many people say in Q1 but i sure it will be .

Bitcoin has a lots of lover the demand is still high it might possible that bitcoin touch 10,000 at the end of December or maybe next year but 20,000 is to much high.

No doubt it will reach to $20k again in the future but how much time it will take no say about that because no one knows what will happen in the coming days. But we should be patient and optimistic about the bright future of bitcoin and hope that the price will go up besides come down. Bitcoin is the future currency and now people realizing this thing.

If we expect to see bitcoin to reach 20,000$ this year, maybe the chances is small for it looks like it's still stuck in the bearish trend. Maybe next year the cryptocurrencies will be having a drastic rise as the bull run starts.

Yeah you are right, may it cross $20k and even reach $30k in the future. It depends upon the acceptance and regulation of bitcoin in all over the world, and also the use of bitcoin. If we use our bitcoin in the markets more and more people will come to know about bitcoin and will take interest in it because of its unique features and benefits. Just wait a little more.

might see 5k or 5500 first but hopefully not  :P

I think not this year for bitcoin to surpass the price, it is possible next year we may see the rise of price. Yes this is what I am seeing in bitcoin stands this year it could not reached 20k. No good news progress recently that’s why it cannot reach although in crypto price is unpredictable.

I agree it's not going to happen in this year, but if I look at the price phase, it looks like will occur in 2020-2021, where the current phase really happened, a lot of the negative news that makes the price of bitcoin difficult increases. because after halving bitcoin prices usually skyrocket.

It is still very possible that bitcoin is going to get to $20,000 and even above in some years to come.  Remember that in cryptocurrencies everything is possible and if you like you can save this post and refresh it in some years to come.  Many of us trying to make other understand that bitcoin is going to get to $20,000 in 2017 but we were called speculators and I believe that bitcoin is going to hit $20,000 in 2019 again.

Maybe bitcoin can return to the price of $20k again or even more than that but it doesn't know when it will happen because bitcoin is very difficult to predict. every day the news continues to grow and the news arrives suddenly which results in rapid price fluctuations due to good or bad news about bitcoin. yes hope that in the future bitcoin will get positive news that can pump the price of bitcoin to exceed the ATH that has ever been achieved.

IMO, bitcoin will not hit $20k level again this year, but yes its possible in early stage of 2019.
I hope that many big investors will come in cryptomarket, before the end of 2018 so we can have a greater chance to see bitcoin beyond $20k level, and hopefully no more price manipulation for now so we can see the true value of bitcoin.

This is irrelevant in the current stages because the value has not shown any surprise so far but I am sure that it will cross and break its previous highest record. The 20k prediction will come later and may come in the beginning of next year though it is not permanent but we can think of further future plans and actions necessary to make sure that we may get any opportunity in order to sell out on price more than 15k dollar.

if you look at the total supply and demand for bitcoin then bitcoin should have a very expensive price and bitcoin could reach a price of more than $ 20k but to be able to make the price of bitcoin expensive then there should be good news about receiving bitcoin on a large platform.

Of course the chances are very low because trust of the people. Thousands of investors have lost big money in the start of this year and now I think they will not put their money easily in bitcoin. To rebuild their trust in bitcoin, the price should be on a bit move upwards because when they see that the price is going up, they may take some interest in investment again.

There are actually a lot of resistance above us and it would take some huge rally to see bitcoin to go test the previous ATH which as far as I am concerned now, this is something I would not expect this year at all, until may be 2019.

Although, we all know how markets can be surprising and most especially the cryptocurrency market, but one sure thing is that the future is bright and personally I am more focused on that than anything at all now. 20k is something that we would get to see eventually, if not this year, but maybe in some years to come, but one day I am sure, some would wish they even bought at 20k.

It is still possible but not now. Hopefully by 2020 it can be traded at a minimum of 20,000 usd. Bitcoin price for the past years has proven that it can still go up despite the fact that it goes down temporary.

$20,000 is not a benchmark for bitcoin and we should expect more big figures to come up in some days to come.  Currently we are at a level were bitcoin is going to makes another move and we don't actually know we're it is going to lead to! It might end around $30,000 $100,000 or possibly $1,000,000.

20k just may be the beginning  of the new high but for that we may have to wait for few months to achieve that. Currently even first it crosses 10k will be the big thing considering the run has just not happened in this year . Yes it can easily cross 25k or 30k in next year provided we have some good news from the world markets.

I think that we would again reach $20k one day but it would happen maybe in a few months or years time. We don't know yet what will happen but one thing I know is that day by day, the people who knew about bitcoin are getting larger so in due time, they would consider adopting it and then the mass adoption that we are waiting for would happen.

For those who hold tight to their coin would be rewarded. Of course, we shouldn't just be lax and wait for the time that bitcoin would go up. If possible, one should study trading as well so that even if the market is not doing good, we would still be earning.

I think not soon in future the Bitcoin will not hit 20k, the reason for the BTC to hit 20k last year was that the hype of BTC rises in last year as more and more people taught that it is the best way to get rich quick as the price of BTC was just going in inclined order. So as many people rush to buy BTC the demand rises so many people who were selling their BTC sold it at a little bit high price as compared to the current market price which makes the price of BTC to hit $20k.

last year the government had not attracted attention to crypto like this year. there are a lot of rumors to prevent prices from rising and there are indeed many holders who don't want to speculate further, but there are good things in December where sales trends will be very massive

with large volumes going directly to increase prices. because supply and demand will continue to grow. But I don't know for sure how much the maximum price will be valid according to the closing of the year.

we cannot confirm that, because we do not know the future. but of course bitcoin will continue to be developed to get high scores. I think the popularity of bitcoin will make the price of bitcoin even higher, whether it comes to a price of $ 20k or not, but I'm really sure of the price.

Yes, at the present time, 20000$ seems very far away but with the passage of time we will see bitcoin crosses this figure and reach much more higher. Then 20K would not be seems as a giant figure and who knows we see strong support at this point and never see bitcoin below this value.

Nobody knows how long it will take to reach $20000. Now a days the price of bitcoin is not acceding $7000 for permanent basis and therefore I think that it will take long time to hit $20000 if the price grows naturally and not due to big unnatural bump. The investment cap in not increasing too fast and that is the reason that it will take long time to get to that point.

Yes it will reach 20,000$ again but not now, IMO. I think it can reach again 20,000$ next year or maybe in the next two years. The market just looks so weak and struggling since January and the dip that the market suffers could take time before it can recover fully.

Of course we are going to see $20k again it's just we really don't know when. The previous all time high takes how many years before got beaten. Now that the ATH is higher than the previous one, I won't be surprised if it takes longer than last time.

I have no doubts that bitcoin is going to recover and will surpass its previous ATH, but those thinking the recovery is around the corner are going to get disappointed since such a thing is almost impossible since the market is not ready to go through another bull run.

This year, bitcoin price will not reach $20k in my opinion, why? Because a lot of investors/big investors turn their back to bitcoin because they've lost a lot of their capital. A lot of news speading after bitcoin price drops. We all know that most of us lost our income because of that drop. Hopefully, by next year it will recover.

   Exactly, beccuse the market still on rapid growing and it doesn't shown any sign to pump up. But I am certain that bitcoin will surpass and consistently grown and reach $20k, maybe in the near future because as of now we can not determine on market stability.

Of course, one thing that I am sure of is that bitcoin would one way or the other switch trend and we will get to see the market really getting to grow pretty big in coming years, which makes me not to even bother myself about what we are going through in the market currently, as it would most definitely pass away. Will we ever see $20k again ? Absolutely.

I am so optimistic about that and even more, but one thing for sure no one can tell is when, so patience is all that is required and at least some knowledge if you want to be taking advantage of the short term fluctuations.

I'm sure it can reach a price of 20k because bitcoin is the most trusted coin. Be patient, because to achieve bitcoin the price of 20k takes time to recover, because now crypto conditions are not so good.

In fact in current time its look like very difficult but in future when more and more investors will come to the market, I hope that bitcoin price will then start increasing again and we will even see the bitcoin price trading above 20k in next few months.

everyone hopes the same so do i, its nice to see if bitcoin can reach it's ATH

It would be great if bitcoin reaches the prestigious mark of $20k again, But it looks tough this year. Things are completely different this year than what it was last year and i think nobody can predict whether bitcoin will reach $20k or not due to the volatile nature of crypto and unpredictable market which has had wild swing this year proving all the predictions as incorrect.

I don't know if it will ever come back again this year or in the coming year(s). But if bitcoin will have a burst factor in this quarter, there is a good possibility that we can still reach back to 20,000$ this year.

There is possibility that bitcoin will increase again to 20k dollars and also not to reach again remember the price is depends on the people how they care bitcoin if many people buy more bitcoin of course they will see bitcoin back to 20k dollars but if they going to continue on excel for sure bitcoin will decrease more or drop the price and 20k will not happen again.

Of course bitcoin will be able to reach 20k, it's just that it's difficult to happen this year. I do not doubt that the price of 20k will be achieved by bitcoin, but to reach the price of 20k, bitcoin requires a process and time and I believe that by 2019 bitcoin has more power to reach 20k.

We know that is going to happen eventually, the issue is if people have the confidence and the patience to hold their coins despite the amount of time it may take to bitcoin to reach that price and unfortunately for many people in the forum they do not really have what it's necessary to hold their coins for so long.

I think eventually bitcoin can return to 20k but it will be a long time there just not as much room for it to go up before we have more real world adoption.
I guess this scare with tether as subsided but I am not done worrying about a possible drop not bullish yet!!
Always be cautious in times like these the hype is over

in my opinion, bitcoin had already reached its prime. we should remember that there is a constant change in blockchain technology and new coins are emerging everyday (though some of these coins are considered trash coins in a metter of 2 to 3 years) in addition to that, forks are continuously happening. If BItcoin continues to behave in the market this way, soon enough Bitcoin will be overtaken by other competitive coins offerring much greater service.
$20k is way too much for bitcoin to reach right now and for the coming years.

It will not. If only the Etf decision really happened and a few were approved then we could see the price of bitcoin heading towards it. But no, it was a deceiving article trying to sell a news that they hope to be the start of the FOMO. I'll be skipping my hopes for this year and we'll what Fidelity will bring us.

it seems that it is very hard to be able to increase the price of bitcoin this year because I see bitcoin has not had too much demand and has started losing bitcoin enthusiasts and will make the price of bitcoin difficult to go back up.

Well it will hard to say but many of us hope that bitcoin will reach 20k price this year or next year. If bitcoin can't make it to move up maybe in few months as we can there's no moves in the market so its hard to predict.

One day, I believe it will exceed $20,000.

5 years ago, people did not believe that bitcoin is worth hundreds, or even thousands. Never forget, my friends.

We do not know what will happen in the future.  Sure if we look at it today, due to bear market, it is almost not possible but, did you ever think how those people thought way back when Bitcoin were less than $1?  It is way more impossible to think that Bitcoin will touch at $1000 USD and yet it surpass that price and now is currently at 6k plus USD. 

I am incline to think that it is very possible for Bitcoin to reach 20k USD and will even surpass it considering the adoption and the halving of rewards.  We must not be near sighted instead look at the future and the possibilities.

For how many times bitcoin has been in this same position,couple of years ago the value of this great coin drops almost the same situation but look what this climb in 2017?getting the highest price of all time.so i never doubt the capacity of bitcoin and ofcourse the whole cryptocurrencies.and all the people who doubted this will surely feel the bitterness of niot trusting the technology of cryptocurrency

Five years ago the bitcoin had reached hundreds, even $1000. Why do not people believe? You confuse the time, it should be the story of 6 years ago. ;D

I do not have any single doubt that bitcoin is going to reach that price again, in fact it is entirely possible that in a decade that price is going to seem very low, because the amount of people that have adopted bitcoin is very low so the potential for bitcoin to keep growing in the future is incredible and when we take into account that the economies of the world are very weak and that their currencies are even weaker then I cannot imagine a scenario in which bitcoin doesn't reach that price again.

What we need to ask ourselves is if bitcoin is ever going to reach enough adoption so we could use it in our everyday lives without anyone being surprised that you are using a cryptocurrency to buy a product or service.

They have possibility the price will reach again 20k dollars or not. It depende on the people if they trust again to bitcoin if they invest again to this coin price start to pump but if not for sure they have a lot of people who are selling their bitcoin. Everyone has an obligation to pump bitcoin because once it pump we will get more.

5500 or 5K, 3500 lowest, best time to buy is in these prices

I am not sure bitcoin can reach 20k again especially if we see the current market. This year bitcoin can't reach over 8k and I think this condition Will last until the next year.. bitcoin ever reached 20k doesn't mean it will happen again because may in the next year the popularity of bitcoin Will go down.

If you’re comparing charts to previous cycles then there is typically one more large correction before blast off. This could happen anytime in the next 10 months. It could be from some news event people overreact to, or more likely to me is that it could result from profit taking after the halving event. I urge people to strongly buy if that does happen.

I also think that that is the worst case scenario that investors need to consider. Even if they believe that there won't be a bigger correction in the next 10 months leading up to the halving, I think DCA is a good strategy to consider. While it's good to maintain optimism and confidence about the best price ahead of the halving, some past patterns also can't be completely ignored especially if they really want to build a good investment portfolio.

I agree that if a big correction in the next 10 months does happen, then I hope accumulation is the option that the average investor really does. But let's hope not, it must be better.

A huge chance is there for BTC to get there again before making any new highs because there's not enough strength seen in BTC against USD and dollar index will also get one more retracement above 110 before it settles down back under 98 and less, so there's currently a possibility for us to see BTC under 20k (and even this year's low of ~$16500).

I'd say you could be right here. I don't think the chance for Bitcoin to drop that low is very big, but it could be one of those whale moves to manipulate the price down so much that people get shaky hands and sell straight into them at the new bottom. They understand how to quickly turn the market mood around again. Let all the big guys in the industry just go silent for a few weeks and dump Bitcoin to hell. Everyone would panic and get no answers from anywhere because everyone pretends to not know what's going on. They could then get the crowd going again by showing up with promising stuff and buy support. Since I still think that Bitcoin is a whales' playing field, it could drop to the 20k range again, but not really because of fundamental reasons that would be in line with what we have seen in the past when Bitcoin had negative or positive breakouts. At least I couldn't think of a coherent narrative that would justify a drop to 20k and lower.

Possible and this is where some people is really up to or looking into on which they would really be that waiting for that huge correction before the bull run would kick in but usually it would really be happening after the halving event. Most of us would really be having that impression that there would be some sudden jump or rally before the halving approaches but its true that 10 months from now or on halving event then we might be seeing the different or similar thing that happen in the past where corrections or price declines happen but then later months then it did make out that huge jump.
It is really just that good to see some old threads in speaking about those previous ATHs which lots of people been speaking or talking if ever it would be able to break its ATH which is we are now comparing to 69k on which its latest ATH but now we are down +halfway more than which it isnt really that too far off to break specially if the market would start to rally out.

I have been thinking about that scenario since the beginning of the year when many experts said that inflation would continue to increase in 2023. But so far, what we have is that inflation is slowly cooling down and the Fed isn't going to cut rates anytime soon, but they're going to have to stop raising rates madly soon. Therefore, the chance for the DXY index to rise again is very unlikely, I think in the rest of the year the USD index will drop much. So very fragile and unlikely for bitcoin to drop below $20k, IMO.
Bitcoin will not recover quickly and there will be a correction until the halving takes place. But it won't be able to drop below $20k again, we had a bear season bottom of $16k last year.

I think Bitcoin should drop to expected levels before it goes up. Because when the expectation is met, the increase will be more robust. But I don't think the price will drop below 20k. Because we left those times behind. As we get closer to the halving, the anticipation rises, but I wait for a solid correction in the price first.

I wonder what predictions will hold up towards the end of the year. Negative news should not be made in the market. Good times await us towards halving.

We must know that every price movement scenario will not be the same every time before the previous halving, so even though they predict the price will fall significantly before the halving, it is not certain that this prediction must be trusted. Even though the price is dropping going forward but the market price position will not be below the expected 20k, the crypto market is currently trending positively with a fairly good market recovery from the previous 25k price, we just need to wait for the next bullish moment to reach 40k before the halving.

My lowest price prediction until the end is 23-25k but if the positive trend persists then the price of 40k will be reached until the end of the year, I expect a positive market trend position until the end of this year because there is a high chance the market price will reach ATH after the halving.

I could recall vividly in 2020 pre-halving the market got a significant price decline due to the Coronavirus pandemic, but I don't know what event is going to get us down if that should happen again, and it depends on where the price of Bitcoin will be at the time when we will be approaching the next halving because if the price is above 30k and maybe if the price is somewhere between $40-50k, I don't see the market trading $20k during that time.

Most of the time price decline were connected with the market and the scheduled incidents taking place with the network. With bitcoin the halving is a major event and it is a known thing that the price will reach the peak close to the days. There is difference between the price reaching the peak and bouncing to reach ath. For this it always takes a downturn and bounces than just getting pumped from the highest point which is hard for the market to reach better price points.

As Franktoshi said, like 2020, the covid pandemic has caused bitcoin to be severely dumped before we enter the 2021 bull season. So there is still a chance for bitcoin to drop to $20k again but it would take a big black swan similar to the covid pandemic or an economic crisis like 2022 to do that. Other than that, I can't think of any reason why bitcoin would drop to $20k again.

According to recent charts shared on social media, in 2023, we officially end the bear season and what we are experiencing is preparing for the bull season.
https://i.ibb.co/qB8mDTX/F3-Bn-XYt-XEAAUHe-S.png

I don't think there are any other incidents that can drop the price to 20k again, the current global incident is facing inflation in various countries but whatever the case for inflation is not related to bitcoin, instead bitcoin provides the right solution to prevent the impact of inflation. The potential for other cases related to crypto may appear ahead of the halving period, such as the past binance US case or the top coin becoming a scam coin will affect the bitcoin market price, we will never know what will happen in the future.

We must manage the risk of loss to avoid unexpected incidents although some argue about the recovery period to prepare for the bullrun season.

Because one never knows what will happen in the future to the world and crypto space, that's where speculation on conditions and prices always takes place because experienced observers will definitely make a bit of a reasonable analysis of this and will always see the impact what could happen to Bitcoin in the current inflationary conditions. Although personally I also don't expect bad things to happen to Bitcoin again because right now there are many people who really hope that price recovery in Bitcoin can happen as soon as possible.

I'd be more than happy to hold it while managing risks if the bullrun season really comes next year. Moreover, in a bull run one can also expect more price recovery in Bitcoin as well as in other cryptocurrency assets as well. But for now I'm just more concerned with price recovery in Bitcoin so still ignoring the others and not looking at it at all.