Bitcoin will reach 20k price point before Christmas

[Dodoymabs]

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

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

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

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

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

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[sindikat]

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

[BitHodler]

After the onset of futures trading bitcoin price shows relative stability. May be for this reason that eth has gone up? Speculators decided to use the coin.

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

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

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

[JoMarrah Iarim Dan]

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

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

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

[Ewinsane]

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

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

[eann014]

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

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

[iqlimasyadiqa]

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

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

[Flor1982]

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

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

[fachant]

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

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

[coinplus]

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

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

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

[ASHLIUSZ]

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

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

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

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

[Oasisman]

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

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

[betMaster]

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

[StonedWolf]

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

[BlackPanda]

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

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

[speaktome]

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

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

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

[ha_ham_bk]

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

I think bitcoin will cost $22000 in Christmas

[Febo]

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

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

[Chris!]

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

[speem28]

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