We broke $17k price on Bitcoin will $20k be next?

[BitHodler]

yes...BITCOIN will soon create a new record price. I think $15000 is the new base price for BTC and it trying to grow steadily to achieve the new record price. I expect BTC at $20k within next 15 days.

There is no such a thing as a base price when it comes to any level close to what we have right now. Strictly speaking, the only base price we have seen so far is the $10,000 mark last year.

People tend to get too hyped up when the price is going up, and too negative when the price is going down. I don't see much difference at current levels compared to when we were hovering around $13-$14,000 levels.

Nothing has changed and nothing has been giving to us to hold on to, so I wouldn't be surprised to see the volatility as we have seen it in the last weeks remain exactly the same. I still see a consolidating market overall.

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[jjacob]

Do you think we're going to go sideways with the price action or we'll blow past $20,000 per Bitcoin? I'd love to hear your feedback on the price action from beginning January to February what are your thoughts?

The increase over $17k lasted a few hours and we are back to $16k in a day's time. I think we have to stop looking back and expecting days when Bitcoin's price increases by over $1,000 in a day. The best we can hope for is a gradual grind upwards.

[arpon11]

Do you think we're going to go sideways with the price action or we'll blow past $20,000 per Bitcoin? I'd love to hear your feedback on the price action from beginning January to February what are your thoughts?

We are having some trending market now across many exchange platforms and most coins for the past two days now. I think bitcoin is going to blow above  $20,000 by the next upward movement. I don't think bitcoin is going to fall now as there is a lot of new investors coming into the market. We should expect bitcoin to hit $60,000 before December this year. I have this in mind that bitcoin may not getting back to $10,000 as many are speculating.

[Denker]

Do you think we're going to go sideways with the price action or we'll blow past $20,000 per Bitcoin? I'd love to hear your feedback on the price action from beginning January to February what are your thoughts?

The increase over $17k lasted a few hours and we are back to $16k in a day's time. I think we have to stop looking back and expecting days when Bitcoin's price increases by over $1,000 in a day. The best we can hope for is a gradual grind upwards.

Imo we are still consolidating. Imagine that. We reached a top of mostly $20k, took a 45% correction and now are ranging in a level of ~$15k-$17k.
Who would have believed that a year ago if you would have told him? I guess nobody!
Furthermore january is usually a month Bitcoin does not perform good. Therefore this is still pretty impressing to me.

[BitBite5]

There are very good chances to reach 20000$ within the first three months of this year. But this is not the final limit of bitcoin price and there is plenty of room to go up more.
New investors are entering each day refreshing the market, let's say so, so 20000$ or more is possible it's just the question of time.

[fabiorem]

It will be going sideways until LN is released.

Devs have been testing it and showing zero fees to buy coffee with bitcoin. If it is released, and turn out to be a success, price will go fast to 50k.

Right now, fees are more than 350k satoshis per kilobyte, for a one-hour confirmation. It's insane, and people would not move their bitcoins to a exchange to sell, nor will buy more, knowing most exchanges will use those same fees. Less sellers decreases the supply, but less buyers decreases the demand, that's why it is going sidelines.

[francedeni]

Bitcoin will can be reach at the price of $20k or more this year. Bitcoin has a lot of chances and open to go up high, so i think were seeing above ath of 20$k this year. There is still a good chance to buy btc because surely price will go increase.

[lablab03]

Do you think we're going to go sideways with the price action or we'll blow past $20,000 per Bitcoin? I'd love to hear your feedback on the price action from beginning January to February what are your thoughts?

i think the valued will not exceed on this month, csuse as i noticed the valued always crash when it goes 17k. Perhaps on Month of feb maybe the valued of bitcoin will continue to grow like what happened before. Or it will rocketed again, not now cause bitcoin has no power to surge to the top cause some of alt coin is growing also.

[Lucius]

We just tuch 17k$ but again price drop under 15k$,so even if price reach 20k$ level at this time there is no chance to stay there.This is look like classic pump&dump scheme orchestrated by some whales who takes big profits in last month time,and with some help of new entry buyers who want to get out from the game.Most of them think price will be 25-30K$ at the end of last year and they get in the trap when price start to drop and fees go up,now they wait chance to sell at the highest possible price and get they money back.

It would take some time before price reach 20k$ level and stay there,but year is just begin and there will be plenty of opportunities for that. 

[mi5]

It will be going sideways until LN is released.

Devs have been testing it and showing zero fees to buy coffee with bitcoin. If it is released, and turn out to be a success, price will go fast to 50k.

Right now, fees are more than 350k satoshis per kilobyte, for a one-hour confirmation. It's insane, and people would not move their bitcoins to a exchange to sell, nor will buy more, knowing most exchanges will use those same fees. Less sellers decreases the supply, but less buyers decreases the demand, that's why it is going sidelines.

This is indeed a big problem. I have some in a personal wallet that's been safe for a few years just HOLDed. Now I am thinking I could like to move some of it onto an exchange and trade back and forth with Eth for example, and possibly cash some out then buy back in later, etc etc...but the fees put me off - I refuse to pay double digits to move crpyto around when the whole idea was that it should be better than fiat and better than shares.

I hope LN comes out soon and works.

all my new money is going into ETH LTC XRP etc as you pay barely anything to move it!

They have to fix it if they want more big rises.

Cutting china out of the mining game may help lower difficulty

[croninfever]

Has anyone signed up for his newsletter?

[talkbitcoin]

It will be going sideways until LN is released.

Devs have been testing it and showing zero fees to buy coffee with bitcoin. If it is released, and turn out to be a success, price will go fast to 50k.

Right now, fees are more than 350k satoshis per kilobyte, for a one-hour confirmation. It's insane, and people would not move their bitcoins to a exchange to sell, nor will buy more, knowing most exchanges will use those same fees. Less sellers decreases the supply, but less buyers decreases the demand, that's why it is going sidelines.

This is indeed a big problem. I have some in a personal wallet that's been safe for a few years just HOLDed. Now I am thinking I could like to move some of it onto an exchange and trade back and forth with Eth for example, and possibly cash some out then buy back in later, etc etc...but the fees put me off - I refuse to pay double digits to move crpyto around when the whole idea was that it should be better than fiat and better than shares.

I hope LN comes out soon and works.

all my new money is going into ETH LTC XRP etc as you pay barely anything to move it!

They have to fix it if they want more big rises.

Cutting china out of the mining game may help lower difficulty

that is why these altcoins have been getting pumped. because bitcoin fees are high and at the same time these altcoins have been "advertised to have low fees" and they used to have low fees.
ETH fees have been rising and they go very high whenever there is some activity on chain like some ICO or like the cryptokitties!
LTC fees are also moderately higher than what was promised.
and XRP is a centralized token anyways so who cares

[adzino]

We could go higher in price but unexpected events won't allow us to. Look what happened to the price now. It went down more than 13% just after South Korea is starting to impose a ban and police raiding exchanges. The South Koreans are not sure what to do and are now panic selling their coins!

that is why these altcoins have been getting pumped. because bitcoin fees are high and at the same time these altcoins have been "advertised to have low fees" and they used to have low fees.
ETH fees have been rising and they go very high whenever there is some activity on chain like some ICO or like the cryptokitties!
LTC fees are also moderately higher than what was promised.
and XRP is a centralized token anyways so who cares

XRP is just shit. People are joining in out of hype. They don't even what Ripple is all about. They are thinking that the banks will be using the coins but they don't know that they will be using the technology not the coins.

[denny27]

Basically I'm sure, it will not be long or it will take months to be at $20k. For this month indeed., the journey to $20k I think it will still be like as stuck, but I'm sure it's likely high next month will be reach $20k.
I'm convinced too, it's a right time to buying if we've intention for investing. Bitcoin price seem to always be that way, decreasing first and then moving higher and trying to reach the highest price. Good luck then., for investing

[Flor1982]

Do you think we're going to go sideways with the price action or we'll blow past $20,000 per Bitcoin? I'd love to hear your feedback on the price action from beginning January to February what are your thoughts?

Everything that speculated are now uncertain because of what happening now in the market after of South Korea will ban digital currencies in which South Koreans now are dumping their Altcoins resulting to massive crashes of all digital coins today. I think after this problem will resolve everybody could give again their nearest speculation of every coin.

[stromae]

We could go higher in price but unexpected events won't allow us to. Look what happened to the price now. It went down more than 13% just after South Korea is starting to impose a ban and police raiding exchanges. The South Koreans are not sure what to do and are now panic selling their coins!

that is why these altcoins have been getting pumped. because bitcoin fees are high and at the same time these altcoins have been "advertised to have low fees" and they used to have low fees.
ETH fees have been rising and they go very high whenever there is some activity on chain like some ICO or like the cryptokitties!
LTC fees are also moderately higher than what was promised.
and XRP is a centralized token anyways so who cares

XRP is just shit. People are joining in out of hype. They don't even what Ripple is all about. They are thinking that the banks will be using the coins but they don't know that they will be using the technology not the coins.

Nothing but a hype clearly, in ripple. Bitcoin's stable price shouldn't make us wrong. It will get better soon. It's now hanging between $13,000 and $17,000 but it will go up very hard I believe.

[pieppiep]

Unless the issue of South Korea is not resolved we will see decline in the price of bitcoin and other altcoins and now to achieve the price of $20k will take a really long time and won't be possible to achieve in next couple of weeks so its good time to invest money in bitcoins as the price is comparatively very low and it will bounce back once we get clear picture of South Korea so till then its good to hold our existing coins and try to invest in different coins as price is low and it can be a good buy.

[Happy Miner]

I think that until January 20, there will be no sharp rise in the cost of bitcoin. On January 19, the fork of etherium will be released and until this moment investors will keep money in the etherium. After this, an increase in the bitcoin rate is possible.