Will Bitcoin ever be 20k again? Why or why not?

[GermanGiant]

Finding the right time for investment is very difficult. It is difficult to perfect the entry to a specific market. You need to have a long-term perspective on all kinds of investment to reduce the risk of volatility and risk of losses.
If you are considering investing in the Bitcoin, Do you think it is positive in the long-term investment? Why is that?

I will advice you to invest into bitcoin now before it too late because the price can surge at any moment and once it surge the chance of another all time high is possible due to the news about Chilean bank now reopen bank account cryptocurrency exchanges which will make some banks/countries to do the same.

And I believe the price of bitcoin better than now. Because Nasdaq-Powered crypto exchange platform to launch in June.

[suzanne5223]

Finding the right time for investment is very difficult. It is difficult to perfect the entry to a specific market. You need to have a long-term perspective on all kinds of investment to reduce the risk of volatility and risk of losses.
If you are considering investing in the Bitcoin, Do you think it is positive in the long-term investment? Why is that?

I will advice you to invest into bitcoin now before it too late because the price can surge at any moment and once it surge the chance of another all time high is possible due to the news about Chilean bank now reopen bank account cryptocurrency exchanges which will make some banks/countries to do the same.

And I believe the price of bitcoin better than now. Because Nasdaq-Powered crypto exchange platform to launch in June.

Wow! Never heard of if and thats awesome news then. Besides, the Russian planning a huge bitcoin payment for the World cup an the Nasdaq creating crypto exchange platform I believe we will experience another massive pump in price. Let's just hope the whales won't flood the market an no FUD will occur.

[creeps]

Yes, I think the bitcoin price will soon rise again and break the $ 20k peak

That's not the question that we must ask it is undoubtful that we can go back to the previous all-time high, but the real question is when? guessing the exact date when it will hit the market is unpredictable all we can do is to rely to the recent news, market movements and trends before we can speculate as to when we can taste again the moon of 20k.

No one can answer when will bitcoin be back on $20k level again but its gonna happen in the future for sure. Bitcoin can hit that price this year, and I know more good news will come in the last quarter of 2018 to pump the price of bitcoin. Let's just wait for that moment, stay calm and enjoy buying bitcoin.

[Supercrypt]

Yes, it is possible that it will reach again 20k as long as the demand to it are still increasing. I believe that Bitcoin can be retrieve and recover again when the number of people that supporting and believing to it are still there. When you are true believer of it I must say that this will be the right time to invest to bitcoin because it's still in lower value as of now.

That is not actually something we should be debating on, as there is every possibility that the market will always want to go test its previous all time highest prices in the long run anyway. The thing here is that anyone who is looking at the short term will definitely get crushed emotionally and the fact that the possibility of $20k can still come up does not mean it would just happen all of a sudden as this can take time and it is best for the OP to know that before making any of his decisions.

As of now, bitcoin needs to recover from $7000+ levels so that we can predict what is going to happen and when those predictions are going to happen. Only after the sustaining prices above $10k, we may see and find the possibilities for reaching $20k again. Because $10k levels are still remaining as a strongest resistance till date even it was broken in last year November month's rally very easily.

[audaciousbeing]

Finding the right time for investment is very difficult. It is difficult to perfect the entry to a specific market. You need to have a long-term perspective on all kinds of investment to reduce the risk of volatility and risk of losses.
If you are considering investing in the Bitcoin, Do you think it is positive in the long-term investment? Why is that?

At this point, without mincing words, it seems impossible at least in the short term and even if it just sky rocket to that point, we need to exercise some caution as that is a big red signal that some bad is about to happen but a gradual increment is something that would be good for the market. The reason why I hold the view is because one of the major thing that cause increase in the price of bitcoin is the increase in awareness which is what have taken some huge blow since the beginning of the year and its increasing effort to reduce the popularity of bitcoin.

1. The aggressive KYC policies which has pushed out a lot of huge investors.

2. The banning of bitcoin is some jurisdiction

3. Comments against bitcoin by several respected personalities in the world of finance.

But with all of these, there is still hope.

[Slow death]

Do you think it is positive in the long-term investment?

Do you want to hold for how long? Do you want to gain what percentage of profit? Do you have how much capital to invest? you need to first know about your goals. let's assume that I have 50 btc and I want to insure for 2 years and my goal is 300% profit, if I get 300% profit in a year I would sell, so I could not tell you how long you should hold

Will Bitcoin ever be 20k again?

at the moment we face a great persecution that the banks are doing, we face the regulation, then set price targets in this moment of uncertainty is a great risk

if your investment horizon is towards the long-term, there is no cause for panic.

this will depend on the direction the regulation will take

[YTBitcoin]

Finding the right time for investment is very difficult. It is difficult to perfect the entry to a specific market. You need to have a long-term perspective on all kinds of investment to reduce the risk of volatility and risk of losses.
If you are considering investing in the Bitcoin, Do you think it is positive in the long-term investment? Why is that?

Yes i think it is better to invest in bitcoin and to wait for a longer time and I am pretty sure that after my investment the price of bitcoin will increase higher and will reach the value of $20000 within this year. Because in this year we saw a number of companies which adopted the cryptocurrencies for their businesses and many countries came to work in these coins which proves that the future is coming which was promised as the era of crypto and in that era bitcoin will be the master coin of all the currencies.

[shield132]

Finding the right time for investment is very difficult. It is difficult to perfect the entry to a specific market. You need to have a long-term perspective on all kinds of investment to reduce the risk of volatility and risk of losses.
If you are considering investing in the Bitcoin, Do you think it is positive in the long-term investment? Why is that?

ah, it's sad but personally I can't find any interestinf answer. People don't think about many things. Following will play major role in price of bitcoin:
1. Of course demand/supply
2. How will mining equipments be developed
3. Upcoming halving
4. Any upcoming silly task which will cause panic in people (both in a good way and oppositely).

[sunanbonang]

bitcoin prices will reach $ 20k, but not this year. I predict the price of bitcoin will reach $ 20k by 2019. if the demand for bitcoin increases then it will be achieved.

[mig5000]

It can easily happen if the entire trend changes, but there are a lot of things that need to be changed in here. And there is a lot of people just buying and selling only for money purposes, that is the root of the entire disaster in here

[superving]

Bitcoin will be $20k again but this time it will take a little longer for bitcoin to recover, if good news starts the month of.june then no need to worry cause bitcoin will definitely go back to $15k next month.

[Hamstead]

i think the chance is big because bitcoin has alot of investors and aside from this, yearly the community in crypto is growing and another new interested investors added to bitcoin.

Looking the market trend today, it looks like there is difficulties of reaching within this year but it have possible to touch again. Cause as what we observe the market price, we are just luck-up into $7k-$10k range and if it will have some break on it, could have huge possibilities of climbing high.

[Mhd-Bobbi]

Finding the right time for investment is very difficult. It is difficult to perfect the entry to a specific market. You need to have a long-term perspective on all kinds of investment to reduce the risk of volatility and risk of losses.
If you are considering investing in the Bitcoin, Do you think it is positive in the long-term investment? Why is that?

So far, I consider investment to be positive for the long term, because investment is my daily work, but it all depends on their respective principles.

[Gastotade]

Bitcoin will be $20k again but this time it will take a little longer for bitcoin to recover, if good news starts the month of.june then no need to worry cause bitcoin will definitely go back to $15k next month.

And this what we hope for almost many months that passed, we all know BTC is still top and have potential but we will be needing some indicators to make it pump again, the removal of China ban might be a help.