Bitcoin Forum

Have you read the news that Bitcoin might be able to reach 20,000 USD before the year ends? Maybe we can't achieve the 16K this month but we are still having a good year.
You must see the new and read the full stories. https://bitcoinist.com/3-reasons-bitcoin-price-may-hit-20000-by-year-end/

bitcoin dominance as of now: 67.8%

This will be a welcoming news for all and it would send a positive waves across the crypto market and give a fresh push to the altcoin market as well. There has been many positive news about the growth of bitcoin after China's announcement but not sure how far this will go as projected.  We can believe in any pump when it will last over a week's time to avoid any bull trap.

Obviously bitcoin would have to more than double within 2 months, and I just don't think that's going to happen. 

And what do you think would be the result if it did?  Don't you think we'd see bitcoin crash back below $7500 or even lower as a result?  If bitcoin did reach $20,000 by the end of the year, you know very well that would mean a *lot* of bitcoin holders and traders would have made a ton of profit.  What would happen next is what always happens when bitcoin's price explodes.  Traders and others would sell their bitcoin for a profit, and there would be more sell orders than buy ones...and the price would spiral down.

I don't think anybody wants that, even if they want a nice, high price by December.  You have to think of the consequences.

If that happens, I am sure people don't mind to see bitcoin price will be back to $20k like in 2017. They still believe that in the next year, the bitcoin price will be more than that price so that they will wait for another bull run after the halving. I will make sure to hold more bitcoin from now on, and no matter if the price will reach that price at the end of the year or the next year, I will sell it at the highest price. I think that there will be many more predictions from other people about bitcoin prices because they have different methods to predict the bitcoin price.

The market sentiment is very bullish and we have just had a major bear trap with an almost 50% pump in one day. If we have bull continuation next month $20k is definitely in the cards for this year.

And if I had to give a longer term prediction we will probably reach 6 digits next year.

that's what many people expect where bitcoin can exceed $ 20,000, but it seems difficult even though nothing is impossible, even though bitcoin is in an uptrend I think it's only up to $ 15,000.

This happened before. If I am not mistaken, it happened 2 years ago, as a matter of fact, a lot of people became happy because of this unexpected good news. Today, we are still hoping to have this good news at the end of the year.

It is an assertive prediction while there is such a short time to the end of this year. According to my opinion, Bitcoin can reach maximum of 11-12k in the time left on this year and we will see the price above 20k in 2020.

I will agree with you because there is still a chance that bitcoin might hit the price of 20,000$. But, the 16,000 at the end of this money is also possible. Everything is possible and we all know that bitcoin is very unpredictable that's why expect in just a few seconds the price might pump or might dump. Just be patient guys and let's see if bitcoin truly hit the price of 20,000 at the end of this year 2019.

chinese traders in FOMO is one factor that really is going to be bigger than those 3. BAKKT traders will add up to take all those sell orders making the price greener. but it may not really that huge to exceed its ATH last 2017. it won't happen this year but probably by 2020-2021. i wonder why halving wasn't listed as his 4th reason for this because last time BTC moon to 20k,  it was assume its also related to halving.

First of all the bakkts launching options is the most lame excuse I have heard for BTC going to 20k. We all know what happened when Bakkt introduced futures into the market. There was literally zero buzz and no price action. We even saw a dump down to 8k from 10k a few days after the launch. The volumes were weak and not a lot of mainstream traders looked interested. Bitcoin dominance on the other hand may seem like a viable reason but it is basically displaying that how the altcoins are just bullshit and not at all appealing.

Let's just wait and see if this would really happen.
I don't want to get my hopes so high just because of this news,
We have been expecting too much and has been disappointed for countless times already so for me I would just wait for it to happen and wouldn't expect anything.

This is a bold statement that would again be history and not get fulfilled. While the impressive rise to $10,000 was something worth noting, the steam has since died and the momentum never really kept its pace, so it's hard to really foresee whether another ATH would be hit right even before the end of the year. 2020 halving isn't really that big of an event for traders honestly to make a huge deal about it, and usually everything gets crazy after the halving is finished, so there really isn't any reason to believe that this will happen unless we stumble upon something magical along the way (pumps, hint hint).

hopefully what you say can become a reality because when prices fell in the past few years many say that the price of bitcoin can return to the price of $20k but until almost 2 years the price of bitcoin has been unable to return to its highest price.

yep its just all speculations and all these may not even happen in 2020 but at least we see the inch by inch increase of price. if this will continue to rise gradually, we could be seeing 15k by end of the year. of course this is still subjected to whatever the news will bring up. if more government adopt cryptocurrencies the better the price could be. better days are coming 10 years more you might be riding on your dream car.

We all wish for this to happen so we could end this year with a bullish market, maybe it will come true if more president make a public comment that saying they support cryptocurrency and blockchain technology. We already experience a good effect from one president recently so what if we have more president like him ;)

Nah, I don't think that we can reach $20k by the end of the year. Well there's a prediction circulating around that $16k is the target at the end of the month. So obviously we won't reach that as well. So back to the drawing boards again for those so called experts and make their predictions.

I'll be happy seeing the price around $10k-$11k in December, lowest we had was like $3200 in 2018, so getting $10k-$11k is not that bad at the end of 2019.

Oh you mean that supposedly famous meme from reddit about 16k by October? Next we'll be pulling out that other subreddit from that time traveller that ignores he's already wrong on several counts.

Does anyone else here think 20k twice in the space of 2 years, without an actual "crypto winter" having arrived would be too soon?

Are you guys tired of accumulating at low prices? ;)

Honestly I doubt Bitcoin will even be 14-15k$ by the end of the year.

Also the reasons with Chinese traders going FOMO I don't think is real as Chinese traders we're always deep involved into cryptocurrencies so just because the President is lately super pro with cryptos doesn't mean a FOMO effect was created among Chinese people.

Dominance of Bitcoin always swing in proportion so if it will reach over 71-72% then we can say that Bitcoin have high chances to move again towards 20k$

The only real reason of those 3 mentioned in the article is Bakkt Launching Options for Futures. This is highly waited among traders and especially among whales.

I think it can happen by the end of this year, moreover it will approach half in 2020, we hope that bitcoin will reach its target by the end of this year and there are no obstacles from any news, from October to December will be an upward trend in all markets that will recover, believe me.

Its realistic Bitcoin halving is just around the corner, this news is coming just right on time I hope we can have some more of this before the end of the year, again the Chinese have something to do again with this bull run, history will repeat itself, I hope when it repeats we can record another peat again and this is another all-time high, it's been two years since the last one and the community are longing to have one more time and what could be the best time but the halving.

Yes I also think that it could happen FOMO could make it happen since people would try to get more BTC before halving.
They would try to buy now as much as possible since the price is low.
And once it started people would start buying it and the price could go up again in a fast phase.

I think bitcoin could not reach it's price up to 20K USD by the end of this year of 2019. There are predictions and analysis that bitcoin will reach it's price by the start or mid year of 2020 because bitcoin is still waking up from it's downturn, but i really hope that bitcoin could really regain it's price up to 20K USD again, so that i could recover all of my losses from last year of 2018.

Although everything can be, however, I do not think that by the end of this year we will be able to see the price of bitcoin at $ 20,000. It would be nice if Bitcoin rose slowly and reached $ 13,000 - $ 15,000. Maybe after that this time there would not be such a sharp and long fall as after an increase in 2017. However, the price of Bitcoin again stopped in growth and it is not yet clear in which direction its further movement will be. We can talk about the prospects for good growth when Bitcoin for a long time will steadily grow in price.

Anything below $10k should be considered a discount and I think that those who have or have not purchased BTC, both type of people are not interested to keep it low for several reasons including the upcoming festivals in line and we always had a surprise gift during Nov-Dec session so I can count on BTC to be high during these months. However, about the dominance, the alts are currently taking rest because BTC is the showman right now. So it is better not to talk about dominance as it's not affecting the global longs and shorts which change the market sentiments every minute.

OP, this thread belongs to speculation because we are talking prices here.

From those three reasons, the only strong reason for me is the third one. I don't want to speculate the price too much here, I don't care what the price by the end of this year.

The increasing dominance is not unpredictable, could be 90% as predicted but also could be lower. Chinese going for FOMO is also an uncertain thing to wait, could boost Bitcoin price or keep Bitcoin goes sideways while altcoins pump. The third reason, Bakkt Future Options got my interest and I strongly believe that event will make Bitcoin goes up with the increasing demand caused by it.

I hopefully the target of $ 20,000 can be achieved by the end of the year. We know that bitcoin is very dominant now. But seeing the current
reality with the position of a bitcoin price of $ 9300 is very difficult to break through the resistance point. If it can penetrate the price of bitcoin
resistance will go up to the price of $ 10,000. In my opinion the conclusion is to the end of this year at a price of $ 20,000 is difficult to achieve,
then the maximum price of at most $ 12,000. But next year to achieve the price of $ 20,000 will be very easy because there will be a halving
event in 2020 there will be make bitcoin huge pump.

yes, despite a lot of good news recently it doesn't will bring btc fly, i know this news come from 1  of the biggest holder country in crypto.
we also expect bitcoin dominance will decrease by a litte, so there altcoin will have a chance to follow.
fomo and news from bakkt is good but it doesn't enough to pump btc to 20k$ i guess, but if some group want to make it happen, it could be.
of course with a little coercion for make it rise.

It seems unlikely but you can not say never here in crypto currency market. Those that are already here investing crypto currencies over the years understand how they move. The volatility level is very high. Everything here is possible. My wild guess is $13,000. I don't want bitcoin to have another big and long period of corrections again so I prefer a slower upward movement with tiny corrections.

 

I am still hesitant about BTC reaching $20K by the end of the year.   Those given reason are already present in the Bitcoin market except the number three, which may possibly disappoint us again just like how BAKKT launch disappoint lots of Bitcoin holders.  Chinese FOMO may not come before the end of the year because it is still illegal to trade Bitcoin to yuan and vice versa by that time.  And worst this FOMO thing is just an assumption and not a sure thing.

The news outlets will come up with one sensational news after another, either on the positive side and one on the negative side and till now majority does not understand why they are doing so, it is basic business because if they are having more readers they will be getting more revenue and that is why we are seeing many media outlets publishing news after news and it has no effect in the market valuation and if we look at the current market situation it is impossible to see an all time high valuation this year.

Of course it 'might'. It almost certainly won't, but you can say 'might' about anything. It might hit 1 million USD by the end of the year for all we know. (but it won't)

I would be surprised if we break the $10k barrier within the next month and if we do I don't think it will be for long. There certainly won't be enough happening within the next month to make Bitcoin break $20k...

Also, threads like these belong in Speculation.

Am I de javu now?

look at this thread (https://bitcointalk.org/index.php?topic=4444950.0)

https://bitcoinist.com/bitcoin-price-prediction-expect-price-to-double-by-the-end-of-2018/

Looks like this site is really love to feeling the bull at the end of every year consistently ;D

However i would say those three reasons is too general... especially speaking about the Chinese traders response on recent china president xi Jinping, it's just simply exaggerated and I believe the current price spike won't last for too long, so just be careful ... there might be a sudden fall just like yesterday sudden spike.

just a couple of days ago when price had a little drop the same shitty website you are quoting today has been posting doomsday articles and were listing n-reasons why price can't go any higher and now they have made a complete U-turn and are publishing n-reasons why price is going to reach previous ATH!
do you honestly think such a site is worth quoting here? don't waste your time reading their bullshit and don't give them any traffic!

well, i dont think so, i have a simple opinion about it.
hmmm, we know exactly about what happened on last week , since chinese president make a sentiment for blockchain industry all of crypto going crazy soo sudden.
but, somehow i just think , its just no rather than FOMO. that sudden effect might make a mass sell next month .

50/50

it just temporary moment maybe, recent condition was as investors expression after several months they didnt hesr good news from china.to reach $20k in end of year will not be easy, many traders that buy on dip will taking profits their position.i am still waiting big correction from mave 4k to 12k .this year bitcoin price will moved in this range.

This is not gonna happen, 2 of the reasons aren't relevant to the increase in the price of bitcoin.
Bitcoin dominance isn't contributing to bitcoin price's increase or declining, it just shows how popular investing in bitcoin compared to other altcoins in the market.
There is no such thing like Chinese traders going FOMO, their government has banned cryptocurrency, cracked down exchanges and miners which makes it difficult for people to trade bitcoin. Sometimes you'll find articles from bitcoinist is not newsworthy with the poor quality articles and ridiculous points.

Nice! with China Hopping one the train now everything is possible. The sky is the limit for cryptocurrency with China planning to adopt blockchain technology. Using blockchain technology without cryptocurrency is like eating rice without salt - sooner or later you are going add it in one way or the other. 

Its too possible for me. We know how price can leap as high as it can in just a few days and we do still have 2months to go. It is my prediction way back this august when bitcoin rose before the plummet which is significantly natural. If bitcoin manage to get back above 10k and stay there for a couple of weeks as a strong support so i don't want to expect but i believe 20k is imminent this year.

I think people are getting overly bullish again because it's November again which in the past (except 2018) was proved to always be a bullish month. And the fact that the Xi comments have sent us from 7300 to 10600 in a few hours people are already expecting new ATH to form.

If you want to see what the general market thinks just go look at the Deribit options for the year end expiry. Currently there is a premium of about $55 and the Bitmex futures for Dec expiry only has a $125 premium currently from the spot market, hence very low probability.

There is a large premium for the $10000 and $11000 options however which implies that sometime before the end of the year we might reach at least $12K or maybe $12.5K but $20k is way too far fetched in my opinion.

@gunhell16 at this stage I feel we may be able to reach up to $15k by the year end, as the bulls have yet not returned to the crypto market. The author has listed Bakkt as a reason that bitcoin prices will rise, but I feel Bakkt won’t be one of the reason as we already saw at Bakkts launch instead of rising bitcoins prices tanked.

It's possible, looking at the current market status that we can pump $2,500 in just few days, $20,000 by the end of the year seems plausible, but the chance is low. Right now, it's struggling to reach $10k and even going down as low as $9,200. But given the volatility, the pump chance and amount, we could reach it but I doubt it would stay there. It's most likely to hit back down just like the 2017 hype, because of manipulators and other factors.

Meh, Bitmex sentiment ain't everything.

I don't sense that people are overly bullish. On the contrary, I sense a lot of skepticism and unwillingness to buy back. Regarding the November factor, I think last November's crash is still fresh in people's minds. Recency bias is a bitch that way.

Last week, most traders probably thought $10K by end of year was out of the question. Let's see what else the honey badger has in store this year. :)

I do not expect crashes to occur at this time, even for the coming month. it's just that, I think that the price of $ 20k is too far from the current price. I also think that the price of bitcoin for this year has the highest potential to reach $ 12.5k. although seeing the growth in bitcoin prices at this time is pretty good, but I'm still a little hesitant for these very high prices. some analysis and speculation argue that prices could be lower.

Yupp we can track easily their long history making FUD .. yet people interested and fall for this too easily. People shouldn't bother with these baseless predictions nor make it become more and more wild speculation , there's no point to discuss this but a higher expectation/daydreaming about you might get rich in no time which is fair but dangerous at once.

We have seen people bought bitcoin at the ATH due there's a lot of speculation that the price might continue rising up to $50,000 or so and in the end they are suffering now , see?

It could be happened at the current condition where people so overconfident with those fundamentals news but the market says the other way around.

Even though I'm bullish guy, I always try to make a move as careful as possible when you talk about this kind high risk thing.

See we all are optimistic about btc growth and we all want to see price pump in the market as we are above $9500 and $20k might not be possible by the year end as we have entered last quarter of this year and only 2 months have left for it so we can excpet that prices can reach $12-$15k if everything goes in favour of btc.Hope we see this soon.

If by the end of year price stood above $12K I believed its a good price considering the fact that earlier in the year the price was $3K+ as it is now the price had made a remarkable bullish movement so far however I wouldn't agree that the price will reach $20K by the end of the year except if there is a catalyst in form of positive fundamental that will trigger the bullish movement else the price will continue with its consolidation.

People are getting hyped too quickly for bitcoin. Whenever it gets from certain price down to lower price they start topics about how it will be 1000 dollars or 3000 dollars or whatever making a big deal out of a small decrease, whenever it goes up a bit like it did recently they start talking about $20k by the end of the year and what not.

Bitcoin is a volatile thing and it does go up and down a bit I agree but don't you guys think it will be too much for $20k right away? Like yeah it is volatile but is it THAT volatile, at least not all the time. We had that once and we saw that it is not good, you do realize that including me and whoever reading this right now, we won't sell our coins if it reaches $20k?

I did when it reached there, even a bit before but that's fine at least I managed to get out, so going up that much that quickly only means falling down even quicker.

Yes, now people aren't much into buying back thinking of the previous year market change that happened within a very short. Until last week the speculations were mostly about the drop in the price of bitcoin losing momentum at some price point. After the present growth the market speculations have turned towards the bullish trend. With the ongoing market growth the chances for $20000 is highly possible.

well, btc seems stable right now, stay at 9k zone , for now i am not sure about my last statement , also from some anylist statement :
"Historically, there’s a 50% pullback for each of the parabolic rises, but that rise has not happened yet for this 4 years cycle" make me more confusing, he just say probably it will happen when halving of btc, but i am not really sure about it.

It's clear to me that this sudden pump of the price is purely manipulation in the market but it still struggle to reach the said $10,000 price resistance limit. I doubt it would ever push to $20,000 by the end of the year 'cause it's clear that the price is just turning back to the same price range that we have been waiting for so long to move up or to constantly break the $15,000 resistance but it never happens.

All predictions are not necessarily true and the rise in bitcoin is the hope of all bitcoin users, bitcoin is now increasing gradually and predictions to reach $ 20,000 are likely to occur.
but in my opinion at the end of the year bitcoin will reach around $ 15,000 and will continue to increase until 2020 and reach the highest price.

Sometimes when we make our humble speech, we have to make a realistic speech because what you just said here does not really look realistic to me, because you are making a prediction 2 days to when month is going to end and you expect that within that 2 days, bitcoin should have the value of average $4000 to top up per day which i don’t think will be possible and you should not forget the fact that as the bulls are pumping the value, so the bears too are also trying to dump it. 

It will be totally impossible for bitcoin to get to that milestone within the shortest possible time. This value prediction is actually right, but the target time is actually what is wrong, and I think that it will be towards the beginning of next year before this value van come.

There are still unclear perspectives over there. We could be analyst and all over here then say this and that. Well that was good to hear but aren't we are too fed up with news like this. Though the impact of this specially to new comer and new traders is that they'll be hodling their potential gains just because with news like this although if it may come true then they are lucky though but if it otherwise such possible progress are far away from them.

Bitcoin have more the 20k USD potential on further years, But we don't predict it will reach on end of the years. Because still is not a cross the 10k USD so peoples are think it will reach 13k USD on this year. Already it was cross the 12k USD one month before so everyone believe the Bitcoin potential. Automatically Bitcoin will raise on further years so we can't predict the future value.

Bitcoin is not predictable how much will be achieved by the end of this year, for example a few days ago bitcoin rose significantly in 24 hours bitcoin can grow again, will this year be like that? quite good news I'm sure the pope will control prices again like yesterday.

Yeah, OK.  Short-term traders might rejoice on their filthy, unpaved streets but it wouldn't be a great thing for long-term holders.  Anyone recall 2017?  Everyone was euphoric but it led to a big crash, and nobody except maybe short sellers was happy about that.

In any case it doesn't look like bitcoin is going to get there by the end of 2019.  That sweet jump from $7500 to over $10k might have led speculators to think we'd all stepped aboard the neverending gravy train, but once again bitcoin is doing the unexpected.  Looks like it's hit the pause button at around $9100 or so.  And that's a good thing IMO.

We'll get there.  Just not this year (hopefully).

We cant really avoid those feelings on getting pumped up when the price tends to rose up after some months of sideways movements.
When we do see some trigger or sudden price increase on percentages then we do mind that heading up to that ATH would already be easy.
Come to think that there would always be a correction and this would be always a bumpy ride for all of us.Reaching those numbers again
wont really be easily hit up and imagine on how many sell out points along the way specially to those people who do bought on peak in 2017 FOMO.

I also believe the price of bitcoin will rise even more ,it's easy for the whale I'm optimistic everyone would want it to be a prediction could also happen it and this news will make investors return for bitcoin just don't panic if there is a slight correction

There are maximum chances for bitcoin to increase in value significantly by the end of December but reaching 20k and above seems feasible in the first half of 2020. many factors are supporting this prediction such as acceptance of blockchain technology by China. But yes, nothing is impossible so if all investors start investing huge amounts into bitcoin, it can easily reach 15k plus by December.

Not a big target for bitcoin as we witnessed that bitcoin already crossed 20k$ milestone and then dropped so it has potential to pump again. I just say that bitcoin is unpredictable so anything can happen to happen. As we see bitcoin increased almost 2k$ in one day so it will reach 20k$ again by the end of the year 2019.

Bitcoin has great potential to grow and this can be prove by checking the pump of bitcoin price in last week as it increased in few hours up to few thousand dollars, keeping that pump in mind so we can say the bitcoin could grow $20,000 at the end of this year. Due to this pump the interest of traders and investors has also increased towards bitcoin, so next time the growth of bitcoin will be very high.

There is no doubt in this that bitcoin is showing signals of touching 15k by the end of 2019 or maybe its increase his price in a week or in a month because bitcoin is now considered a highly trusted coin around the world. as far as new year is concerned, that would be glorious for bitcoin and its users. Bitcoin has maximum potential of producing profits than any other kind of coin whether it is decentralized. The future decades belong bitcoin and crypto market on the whole.

We dont have to keep gaining to qualify as growth in Bitcoin, people need this light in the dark I think that Bitcoin is always going to a higher price but even 10k is a very high price.  If its 10k in ten years time I see no disappointment in that really, its just a result of several different factors.
   Hopefully the population and utility of Bitcoin is improving, thats what drives the prices really and we speculate on when price reacts but really its just a result of outside money migration from FIAT across the world and how useful in Bitcoin as part of that spending activity and value transfer.

20k by year end is a change of 100% in just a few months, hard to believe but that could be seen as a negative.  The reason being its volatile and shows price is unknown and subject to vast change, its way better if we have a gradual spiral staircase of gains apparent.   Alot of business will feel more assured in a steady growth pattern.

Looks like you are very optimistic about it, that's good for long-term vision. But I don't easily believe with such reasons for short-term vision. I think there are several other factors that need to be considered and need to be seen periodically. It's easy for them to manipulate good news to raise public enthusiasm, but we don't know what other news will happen after a day, a week, or even a month after that. The crypto world is too much manipulation, so we need to stay prepared with the risks we have so we don't lose a lot of assets.

I never stopped hoping that will happen again but we got to be real.

Just looking at the numbers now, that high amount is too far for bitcoin to reach again.
It will be profitable for both traders and long term holders.
I might also sell at that price if given a chance before it plunge again to a low amount as correction.

The market can move in any direction in no time, which is the reality of the market. When we compare the growth that took place in 2017 with the present growth pattern there is some relation. Based on this we can't come to a conclusion, during the year the growth took place regularly in thousands. If that happens reaching $20000 gets achieved in less than a week.

As we're around $9500 there is more chances for the price to reach $20000 by the year end, because there'll be good growth by every year end. This year's growth will certainly make a change as we've got the halving to happen by the year 2020.

The main issue is how these innovations will be understood by the buyers. For example, the establishment of the BAKKT did not cause any change in price. We all want the price to reach $20k, but I am not sure about it. IMO, we can reach $20k until next halving, but end of the year is too early. Maybe we should wait for the $10600, afterwards we can decide what happens next.

All of the three reasons aimed at bringing more volume to Bitcoin specifically.
Dominance is likely to increase as people are losing faith from altcoins and the shift from altcoins to bitcoin will continue.
Second, China is a country with huge crypto volume. If as stated, crypto friendly regulations are expected in december, then yes, it will have a positive effect on the market. At least the speculation will take the price for an upward rally.
Third, Bakkt hasn't been able to make much a difference by now. That's why I don't much believe that launch of the option trading would make much a difference. But that in combination with Chinese news can help boost the price.

Investors have the tendency to overestimate what can happen in the short term and to underestimate what it can happen in the very long term, many are expecting a huge recovery by bitcoin during the next months and while possible I'm not really convinced that it will happen, but that doesn't make any kind of difference if you are willing to hold your coins for the long term because it is almost a given that we will eventually surpass the previous all time high.

Agree with you no one has the ability to make a perfect prediction about the price of bitcoin as it’s really volatile by nature. It can rise and fall with daily based or monthly no one actually knows but as per now the market condition is getting good so the price will be high and 2019 will end up giving us such great surprise about price, so many people are expecting  $20k this year.

the highest potential by the end of the year is up to 22,150$.  but before reaching that point there are two strong Resistance at 13,400$ and 16,750$.

very reasonable predictions at $20000, many technical analysts give predictions can be priced that much,
but we have to really get past the price of $12000 first, because the resistance that bitcoin faces is still very high,
and thankfully with the big news in China, the bitcoin price has returned to $ 10000, and lets wait whether the price can now survive bitcoin can go up again, hopefully :)

yes we are priced at $ 9100 now, and seeing that there are less than 2 months left before the end of the year, I think the opportunity will be very difficult to reach the price of $ 20,000. it requires a price increase of around $ 10900 before reaching $ 20,000, and that's a really big number. I honestly don't think that the price will be reached $20000 this year. however, the opportunity price could reach $ 20,000 to be in the next year.

That's their own prediction and everyone has, we don't need to believe them if we think its unlikely to happen.
At the current price of $9100, it means Bitcoin has to increase more than 100% to reach $20,000 by the end of the year, I think it's not gonna happen.
I know nothing is impossible in crypto space as this market until now is still unpredictable but its too much for just 2 months remaining this year.

To be honnest with you I have given up looking at predictions... as much as things seems to have a logical sense and influnce one another, there is always the market makers that rule the price in many ways...
I do believe that BTC as something to show on the upcomming months, but I am not sure if it will be before the year ends... BTC has the tendency to surprse going the wrong way

True with so many predictions in btc we don’t have to believe on it. Others are very positive it could reach 20k by year end. In my view, once the current price continues to surge up it could touch the target price by year end. From the beginning bitcoin is unpredictable and this is the flow in the market if there is growth it may achieve if no change in price, however, it will not happen.

Of course we are all hopeful for this to happen. But I think it is very tough for Bitcoin to go it all through specially 2019 is near to close. At the current context Bitcoin is nowhere down 9,000 USD already sudden pumps lately doesn't even a help. Approximately bitcoin market is playing around 9,000 to 8,000 and it is not safe to say that it would be all going to 20,000 as if it doesn't cross to 10,000 after that. Therefore maybe our hopes for 20,000 at the end of the year may be wont be going to happen.

It's a self tanking and for me it's not possible since for sure there are people observe on the market flows and they will not hold for today since the volatility is so dangerous but maybe in next year  we  can see that coming, And we shouldn't believe easily on speculation since it's just a guess and it doesn't guarantee anything.

yes, I have read it, 3 things that I think will be to make the price of bitcoin go up. indeed we must remain optimistic in looking at the future, and this news I think aims to give confidence to everyone. but I myself still doubt if by the end of 2019 the price of bitcoin will be 20k. in two months 2019 will soon be over, could it be that soon? although I doubt it, but I will still wait for it. I hope everything will be realized soon.

A market will not rise instantly without any foundation, you need to expect funds to be invested in the market for the price to move higher and the difference between the last rally and the expected rally is the presence of future traded markets and it will have an impact on the price moving forward. We might see some movements in the market in the coming weeks but it is too early to expect any kind of rally by the year end.

I think will not happen, i not want to make people lose hope, but i think 20,000 USD for 1 bitcoin we will have on 2020 and not before, this is just my thoughts. We had a hard year because price grow later and even after a good grow price again go down, because of some factors i think will not have 20k USD this year.

The market is so volatile that prices fluctuate drastically within hours and within minutes for Bitcoin. Though accurate predictions cannot be made but assumptions by experts and majority are often found accurate. Bitcoin is highly expected to reach 20k or above by the beginning of next year. In the coming months, there would be a decent increase in the buyers of bitcoin than holders.

We are already in the 11th month of this year and to reach that value or 20k I think it is very unlikely even though some speculators predict it, but this value will not be achieved in at least the remaining 59 days to end the year. If the prediction is true, then at least this month the price of bitcoin might be able to exceed 10k for the lowest point, but in reality the price is still stagnant in the range of 9k which seems to even reach 15k before the end of the year I'm still not sure it will happen.

Everyone keeps talking about when will Bitcoin start to reach that price again as if they were really hungry to see it. I can't blame them for having it that much since some of them really longing to see it as if they were deprived to have it for over a year. But I don't think that $20,000 is just around the corner or near at end of the year. It's more likely to happen next year on or before the halving.

The possibility to hit that price is more higher next year compare in the last quarter of 2019 but we can’t still know since the price can go up $$$$ in just a day so let’s just wait for that price to happen. If you believe that $20k is soon to be hit, then its better to be prepared and buy more right now while the price is still down and cheap. I can wait until next year to see the new ATH, it will happen for sure.

By the looks of it, we are just 2 months away and we are at around $9.5k levels and looks to be prime for another increase but $20k seems a bit too much. Like yeah we could definitely go up in price but I feel like that psychological level of $15k can't be passed in the next 2 months.

Maybe before the halving? I say $20k in the next 12 months is quite possible and will probably happen but until then I feel like this 2 months is too close, like if we were in April then I would say it is possible, even for July or so it is still possible but it is 2 months away and we still need to double the current price. Could it happen? Sure, this is bitcoin it has went from $3k to $20k from November to December before so it is not impossible but I feel like it is improbable even if not impossible.

You can’t reliably predict anything with month to month accuracy. A single whale could tank or fly BTC to the moon between now and then. It could do literally anything in the next few months. My bets are that it will soar long term. However, there’s a very high chance that Bitcoin’s price will stay in the $7,000-$10,000 range for a 2-3 months, because market has to take some time to recover. I think the price of BTC will fall to $7,000 and at the end of the year it will recover and reach $9,000 again.

As the trend became so unpredictable by now, I would rather just say $20k by the end of the year is somewhat imposible to see. We need long years  in order to consider our holdings profitable. Certainly $10k range is achievable this year and not that $20k, because market cannot sustain the raging bearish trend and it's still a big struggles of many.

I second the motion, its like 2 months more before the year ends and we hardly see the price stabilized at $10,000 mark and with a lot going on countries banning bitcoin and accepting bitcoins it creates confusion and even the slightest pump creates a commotion among investors and they FOmO activity, if it will continue like this then the $20,000 prediction is just not going to happen.

The increase in bitcoin to reach the highest price in 2020 has been widely supported by some well-known people and experts in crypto, finance and technology and there is other support that makes everyone optimistic about the increase in bitcoin.
and includes predictions that at the end of the year bitcoin will reach $ 20,000, and currently bitcoin only lasts $ 9,000 and for the turn of the year there are still two more months, it seems too close and difficult for bitcoin to reach the price of $ 20,000 by the end of this year, but all it's possible that bitcoin is always surprising when bitcoin fluctuates dramatically and hopefully bitcoin really goes up to reach the highest prices predicted by great people and other news.

I actually think that until the end of the year Bitcoin has the potential to reach $22,000, with a record that it can reach a resistance range of $13,000 and $16,000.

Can't say it will but the possibility of reaching that price by the end of the year is too slim. My best speculation would be reaching at $10,000 to $12,000 by the end of the year.
Maybe at the year 2020 we will finally gonna see that $20,000 to $22,000 but I'm not yet sure when would that be but maybe before the halving since after halving we might see a new ATH price of bitcoin.

So far 2019 has been good for bitcoin and we should not expect more than that. In order for bitcoin to make a comeback there will have to be either a lot more buyers, or some new big institutional investors/buyers. Right now there simply aren’t enough people interested in bitcoin to move the price appreciably higher. So there will need to be a catalyst that will motivate people/institutions to buy bitcoin. If such a catalyst materializes in Dec 2019 then there’s hope for a comeback to $20,000. If not, then bitcoin will continue it's range swing until it’s rebound over $10,000 in 2020.

These 3 big reason could really have an huge impact on the movement of the market especially if Chinese Traders go for FOMO and the opening the market of Bakkt for bitcoins this coming December. We could expect that there will be a pump will occur in the last quarter of the year however, we can hardly tell if will $20k again just like before 2017. As for measurement, perhaps it is good choice if we will purchase and Hold more Bitcoins.

I am an optimist, but it is unlikely that Bitcoin will reach $ 20k by the end of the year. Bitcoin needs to double its current price and that is really difficult. $ 15k price is probably a price that we should wait.

I do not really agree that bitcoin is going to somehow give us a big surprise at the end of the year, if it happens then I will be there to take advantage of it, but after the sudden movement we saw the market has remained confined to the same levels between 9400 and 9000 and it is just going up and down as speculators are making money out of these small movements in the market, once there is a breakout in any direction we will find out where the price is headed but the probabilities the breakout is down are many times higher than it is upwards.

Bitcoin opportunities at the price of $ 20k at the end of this year I think are very small. I saw a thread discussing the price of Bitcoin in the next year, there was loaded about the possibility of a Bitcoin price of $ 20k in March 2020, but that was only a prediction that was strengthened by the chart. predictions will not always be right.

We have 1 month and 3 weeks more before the end of 2019 and  Im just hoping even this year bitcoin value will turn into $10,000 or more because if we go back again bitcoin to 5 digits we can focus to our next target or goal which is $20,000 probably high chance to happen in 2020. But now my prediction for 20k dolalrs this year is 50 over 100 percent only to happen

No one can say on what would be the price but come to think on how long we've been moving sideways of this market before
we do see some significant movement.We didnt able to break out that 13k price.10k-12k for this year end would be acceptable but
who knows if we would climb up even way higher but its hard to believe that it would happen easily.It would take much of good news
which would potentially drive out the entire market that fast.

Yes if the value of bitcoin remains in 5 digit figure then it will give morale boost for to expect more as there is not a huge difference between $9,000 to $10,000 but achieving 5 digit figure is a different landmark. Let's hope for a better year ahead unlike 2018 & 2019 which were bearish.

I've placed my bet that bitcoin will reach over $10,000 by the end of the year, it wouldn't so hard because it's a few hundred dollars less to reach that target.
At this point, the scenario probably bitcoin holds its position above $9K for a month as the price has been fluctuating between $8960 to $9600 for 9 days since October 28^th and still no sign when it will breakout the resistance level. Better to have slowly but steady increase rather than an instant pump, right.

I don't think the bitcoin price will ever surpass $12,000 by the end of the year. It's not going to be easy for bitcoin price to recover back to $20,000 by the end of this year. Perhaps, December 2020 that is something that would be considered. This year is almost over as we have less than 60 days left to round off the year.

Its more realistic that expecting bitcoin to reach $20,000 this year and will have a new ATH since there's only more than a month left, its not gonna happen.


We will have to shift our hope to the next year and just hope that somehow this year we will end up seeing bitcoin at over $10,000 since for me its already a great price improvement this year, bitcoin has improve but altcoins remains to struggle, but its okay because as long as BTC will reach a new ATH next year, its certain that altcoins season will start.

Absurd to think that same thing would happen just because it happened before, because if we would be practical, we are currently having problems with the market prices of the cryptos which is frustrating to most of the investors which causes them to make such assumptions. Bitcoin is indeed a good investment but try to avoid depending on the assumptions of the majority. It won't change the fact that assumptions still are lacking assurance.

Its really tough to say it can go so .The price is around 9400$ at the moment moment but the predicted price is too far from this. However market is always a tough place to comment something about the price .Anything can happen but i think its so tough to archived this level soon even this year end.

reality like that. even in the article, such as bitcoin dominance, China FOMO, and Bakkt obviously have been developing from here, or even planned this for a long time. if there is an increase in prices, it should have been started since last October, or now.

I am still quite optimistic about the development of the price of bitcoin which could pass $ 10k this year, but thinking about the price of bitcoin reaching the price of $ 20k at the end of the year, it's a little difficult. in fact, I think that the price of $ 20k can be reached after halving occurs.

increase or manipulation dont have specific dates and they can occur tomorrow or the next few day  .

 you should not loose hope guys if you are like me that loves to see a 20k usd by the end of the year but im not saying that im not contented on what we have today but it just ill be more glad to see btc pushing his limits and showing off his hidden skills  .  we have still month left tho and 1 month is a long time to make the pumping process happen .

To my opinion this is not likely to happen. There is very little time left and to achieve 20000$ by the end of this year we would need constant continuous growth but I don't think there are conditions for that in the market.
Although I'm optimist and don't expect some bigger corrections and I don't think that price can grow that much.

It is funny thread which does not have proper speculation about the Bitcoin price and future adoption. In which which thinking this thread has been created is so doubtful.
Let's learn more from the traders and we can speak about it.
They are being updated about the price to invest more so they can explain it better.

Three factors mentioned in the articles are not enough to speculate bitcoin to reach $20,000 just in 2 months left.
Bitcoin dominance and chinese fomo are not contributing to bitcoin rally, Bakkt may affect the price to this level, but nothing to push it further.
The price may stuck at this level for a month if there is nothing significant influence on the market to make a move upwards.

Settle yourself with a more possible price prediction, I'm hoping for a 5 digits price at the end of the year as well but anything can happen. If bitcoin hit $20k at the year end then its better for all of us but if its not, then we have to be patience and wait for the effect of halving next year. We are growing, the market is growing so always think positive for you to grow as well.  :)

We still have enough time to wait before 2019 ends, so now and then the market still fluctuates slightly with enormous crashes. It behaved in an unpredictable manner few days ago since the last bounce conducted a price roll out. I don't expect any significant signs, I only wanted to see more trending demands which could trigger every traders to stop selling their holdings and prefers to buy another additional asset.

We have not lost hope regarding the rise in bitcoin prices, even we believe that the price of $ 20k will be reached. it's just that, thinking that the price of bitcoin rose by around $ 11,000 in less than 2 months, that is a very extraordinary thing. I believe that there is a potential for the price of bitcoin to rise, but I don't want to expect too much about it, because if the achievement of the price does not match what we expect, it will make a big disappointment.  because of this, I'm sure bitcoin prices will rise at that level by 2020.

Bitcoin dominance is growing which is good news as it shows that people are choosing bitcoin over other crypto, and last time when bitcoin was being more dominant the price increased, and when the dominance fall then the price also tend to fall. So far so good, we should see what the coming time holds for bitcoin.

Sorry but I don't feel the same, this year is all about BTC and its dominance and I see it does not create a healthy market.
I miss the old market where altcoins has the power to pump not relying on bitcoin, right now, it has been the case, it has been all bitcoin and there is no progress since bitcoin is not yet bullish, that's for almost 2 years already.

There is a possibility that it might happen and it would reach more than the ATH and once it hit this value then probably more people will invest and trade. That's why we just need to accumulate  and later we might expect a sudden increase in no time.

And, if bitcoin reach its more than the ath then what will be the price after the halving. We don't know what will be the price if its going up or down.

That is the case and that is the most annoying thing that people have turned a prediction to a game now or a contest where they just speak of price without that rational convincing analysis. Most of the one that we have seen come to pass is either it was a coincidence or the person did a thorough analysis which is usually very few.

The majority of prediction that we see are very fake and unrealistic, they just pick figures out of their instinct and then project it for the world to take. Even if we have to make prediction based on fundamentals alone that we are seeing, we should only be able to use that one to forecast future price and not all these short-term prices that we are predicting without any base or any guarantee that it will ever come to pass.

The logical prediction regarding the prices of bitcoin tends to be true where bitcoin is expected to reach 20,000 dollars. The period left with us will not increase awfully number of buyers but once bitcoin has reached 10k dollars, there would be observed massive increase in buyers of the mighty coin. We shall simply keep fingers crossed and if we have some money invest it in bitcoin and secure your future.

I am having more or less same opinion regarding the pumps of bitcoin. As per the current price of bitcoin i.e. $9000 plus and situation of buyers, there are majority of the predictions inclining towards the price of bitcoin above at least 12k dollars by the end of December. The first quarter of coming year will decide the real direction of bitcoin price. Till that we all can simply hope for the best and hold our bitcoin.

10000 is a huge psychological barrier, if you draw a line at that level you will see that most of the recent market action has taken place at that level, when we surpassed that level for the first time in more than a year the price reached 14000, then there were two retracements below that level, then the bulls tried once gain to go above it only to be for what it seemed at the time to be clearly defeated and then a week ago the price reached a high of 10500 only to be rejected by the bears again.

I doubt if we will see the price of 20k even if we reach 10k between this month and the next.
I am not been pessimistic or anything related to that but 20k won't be for this year.
Perhaps by the begin of next year or between the first quarter, the price of Bitcoin might reach and past 20k.

Hoping for $20k this year is out from the reality, weren't able to make at $15k this year since from the start which is too far from getting back into its peak again. Though we are a little bit disappointing to see this cause we fail again from our expectations and even suffer losses form our investment but it never means that we are going to stay like this forever. We could still see the bright side sooner, only we have to be patient.

People should give up their hope for a new ATH this year as its not likely to happen, the market is not stable but at least we've witnessed some good recover this year, and this time BTC is dropping again, it only stayed at $9K for awhile, now dropped to$8K, it's already a big improvement if the price will end up to $10,000 this year.


of course, this market that we are witnessing now are just temporary because if BTC will really succeed, it will explode again and there is no limit on the price and only us who can control the price, it could go as high as $50K, $100k, or even more, only time could tell.

As of now, it's obvious and kinda impossible to happen as we are getting closer to year end. We are even having a hard time surpassing $10k and can't even sustain $9k for a longer time. This kind of situation says not all we are expecting are bound to happen. Forget about ATH for this year and just wait for halving. Don't get upset and take this last opportunity of buying coins before jumping into rocket after halving.

Too many speculation and prediction about what will be the price of.bitcoin by the end of the year for me it wont go through 20,000$ and the price will be playing around 10,000$ to 15,000$ before this year ends.

   Fourpiece like you, I don't think that price can make it to $20k this year. By some influencers the price of Bitcoin will be in that range,
$150 to $15 entire next year.
   I read Bitcoin price predictions, but I don't believe in many of them. Some are realistic, but in some of them its hard to believe. I don't
speculate, I can't predict the future, nobody can, I'm here cause I believe in Bitcoin and I believe that one day Bitcoin will worth much
more, and I'm patiently wait for that day.

I have read the article considering that $ 16k was not reached last October, I am more directed towards the end of November, we will know where the actual bitcoin price is going, if for $ 20k I cannot justify it because I analyzed the charts and could not mention the exact price, if you see from MACD 1W I think 1 to 2 weeks there will be a surprise for the price of bitcoin whether it will come back down or up

$15K is more realistic, but its not likely to end at that price, of course $20K is far from happening already at the current price, but we remain optimistic.
For me, it doesn't matter if we will not reach a new ATH this year as long as BTC will stay at over $10,000 because it means there's a major recovery of BTC this year.

It's really hard to predict what will happen with the remain of more than 1 month since this market always change and its very unpredictable.
if we were able to witness before a bull run in just more than 1 month then it could also happen this year but I'm not so positive with that.

I also think it will be stable in the range $10k - $15k, and it is not possible at this time to reach the new ATH, because I am sure it will be reach when halving has occurred.
as we can see there are always big movements after halving happened, so don't expect too much at the end of this year.

It's not that far from happening. Remember how btc just jump from below $10,000 to $20,000 ath in november to december 2017. Everything is possible when we're talking about speculating btc price. The unpredictability of btc is that makes everything possible. It is even possible for btc to gain more than 50% in an hour.

to be honest, for now, I don't even see the potential of bitcoin reaching the price of $ 15k by the end of this year. bitcoin prices might potentially rise above $ 10k, that might happen when Bakkt Launching Options for bitcoin in December. if Bakkt moves for bitcoin, the price is likely to rise the same as June this year. unfortunately, it is very difficult to predict the price of bitcoin this year. some people think that in October the price of bitcoin can reach $ 16k, but in reality, bitcoin doesn't even touch the price of $ 10k. at the end of the year, if bitcoin prices are slow enough, I'm pretty sure bitcoin prices are in the range of $ 12k to $ 13k.

So in other words, you are saying that the possibility of bitcoin reaching above $10k by the end of the year us very scarce right? But I don’t doubt the possibility because this was how bitcoin looked kind of impossible at the beginning of the year and we all thought that it will be towards that end of the year that bitcoin would reach $8000, but out of the impossibility was when bitcoin started to rise in value from the first of April and we were all shocked at the price movement.

If the market want to break any further barrier, it is possible for it to break it at any time without even leaving us with the clue as to what happen, just like till today, we still don’t know what was responsible for the sudden pump of bitcoin price in that April that lifted it out of bear market.

There is no doubt in the volatile nature of market but if we look at general trend of bitcoin prices of last month, we see that it ahs fluctuated upwards couple of times which led to predictions about having a pump soon. There are maximum chances that bitcoin will repeat 2017 in the next year. If bitcoin touches 10k or beyond this December  then it will be plausible for bitcoin to go beyond 20k easily in next year.

That is what I believe, the chances that the price of bitcoin goes above 10000 by the end of the year are very low, and it is not really complex to understand why, while the price of bitcoin can move in ways that are impossible to predict at the same time there were many signs in the markets that told us that such growth was unsustainable and after a few days now the price is close to 8600 and the possibility that it goes down even further is very high.

I already heard this news and still, we are not sure about this. Even there is a chance that bitcoin reached the price of 20,000$ I still not believing it will could really happen. But, it is good to have a good price at the end of this year just like what happened in the year 2017.