Bitcoin will reach 20k price point before Christmas

[thecodebear]

I would like Bitcoin to relax in the 18000s and 19000s for the next 8 days and then wake up Christmas morning to $20k Bitcoin...though it will probably pass it before then. oh well. 

[/GeertJohan]

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

Right now it's value is $18000.Your guessing is 20k, If it happen before Christmas it really very boosting to all bitcoin users.
But cannot we say surely it will definitely happen. Everyone knows that bitcoin is a digital currency. Cannot we predict something like to occur.Some haphazard juncture the boosting of value may take the place. Let see what will happen..

[ThunderCatSteve]

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.

How do you say that it will not reach to the 20k before Christmas, currently prices are at 18.69k and this shows that price will go above 20k soon and maybe in couple of days and those who are waiting for the 20k to sell their coins will soon get their parts and next aim of bitcoin will be ending at 25k+ at the end of this year to give 2k18 a huge start to carry on bitcoin rise occurs in small time and soon you will see 20k on board.

[Lukas Tarantas]

Very much I doubt, that this year we again will see the price of 20 000 for bitcoin. The latest speculation makes it clear that the price is likely to fall. Moreover, most futures assume a lowering of the value of the cryptocurrency.

[ihsanskanzaone]

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

I'm not sure because bitcoin prices will rise when market demand for bitcoin is large enough or the number of bitcoin investors increases so bitcoin prices will go up and bitcoin prices will drop when many bitcoin users sell their bitcoins. So at the time before natal I think many bitcoin users will sell the bitcoin for christmas so the bitcoin price will go down.

[sana54210]

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.

Everyone is definitely free to speculate, make predictions and all that based on what they believe and even though you did not mean it, no one would really have known.

All the above, this is an unpredictable world and anything can happen at any time just like the recent dip we had recently, and that is what should be expected from a market. The same way we can have a huge correction is just the same way we can have a huge bull run.

[raven7886]

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

Right now it's value is $18000.Your guessing is 20k, If it happen before Christmas it really very boosting to all bitcoin users.
But cannot we say surely it will definitely happen. Everyone knows that bitcoin is a digital currency. Cannot we predict something like to occur.Some haphazard juncture the boosting of value may take the place. Let see what will happen..

Anything that happens to the value of bitcoin should be a good thing for the bitcoin users.
If the price increases, great as the one that is being held would keep increasing and if it gets down, it would just be a good time to buy in the more and nothing so different at all.

The possibility is still there even after the long dip but anything can still happen. Those who want to take profit are all gone and now we have sanity back into the market.

[lablab03]

on this time i dont see any possibility to reach that valued  cause i saw and  i think that bitcoin will end its journey right now.Which is the growth rate of bitcoin decreased and fall back to 15k so the volatility of bitcoin is over i think

[bering]

i doubt bitcoin will reach $20k before christmas because the current situation for bitcoin seems detained to rise now because seem other people aiming other coin to get profit and bitcoin cash seems raising rapidly however still holding my bitcoin and i wish after christmas bitcoin will surpassing $20k

[musikgreg]

It is very intersting what will happen next, either Btc down (correction) or further up in the near future. If you believe (I tend to do) that the dump now is due to cashing out Btc of some people before christmas, it will further rise first next.

[negamus]

It really reached those prices, but now it started to go down.. I dont know, but there are a lot of people trying to cashout their bitcoins and they are moving to alts.
That is why there are a lot of altcoins being hardly pumped right now

[thecodebear]

With the current correction down to $15k it looks like we might not pass $20k until January.

[KwizatzHaderach]

With current market sentiment down. Should be next year now.
BTC value have grown too fast, healthy correction incoming.

[thecodebear]

With current market sentiment down. Should be next year now.
BTC value have grown too fast, healthy correction incoming.

yeah maybe we'll have a few weeks under the ATH before momentum builds back up again, like we had back in june/july and september/october.

[Blockfolioz]

I'm not sure about the growth happening with bitcoin. But as a whole it is expected to provide us with a large scale growth before the days of Christmas. We're just few days away from Christmas, but the price seems going low. This time the price might depend on the fork excepted to take place.

[ahmadakbari]

With the current correction down to $15k it looks like we might not pass $20k until January.

As I remember, the price dropped to 13000 dollar after it reached 18000 dollar. It was about 2 weeks ago? what happened then? Price reach 19500 only in one week. That rise in price can happen again. Bitcoin price is really unpredictable.

[samputin]

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

Last day December 21, four (4) days before Christmas bitcoin price is still down to range of 16K USD. Today December 22, bitcoin drop again and it is now in the range 15K USD. Maybe you looked in the pattern in the last weeks when the bitcoin is currently rising but now the direction got reverse. It is now dropping and dropping. The chance of reaching 20K USD is fading. Maybe that 20K USD is possible in the next coming year, maybe by early 2018. But not a bad thing after all, bitcoin is still high. Let us just use this drop to buy bitcoin.

[wuvdoll]

I would like Bitcoin to relax in the 18000s and 19000s for the next 8 days and then wake up Christmas morning to $20k Bitcoin...though it will probably pass it before then. oh well. 

Honestly, this is what I really wish but that should be expected now or there could still be some possibility of seeing bitcoin tests that huge stage again. We cannot always keep having bull runs for a long time, the bulls and the bears at some point will have the time of the year to relax and that would really give it an opportunity to start testing the tops again but for now we are just Okay with that huge buy ins.

There was a pretty much huge corrections in last 2 days. However, that does not mean, they are normal and does not mean we cannot test that top again. I would not be surprise as this is much expected anyway but at the same time, I will try to keep myself a braised to be sure that I am making the right decisions as well as the market is full of uncertainty right now, but no need to be worry as the future is bright.

[kateryana81]

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

Last day December 21, four (4) days before Christmas bitcoin price is still down to range of 16K USD. Today December 22, bitcoin drop again and it is now in the range 15K USD. Maybe you looked in the pattern in the last weeks when the bitcoin is currently rising but now the direction got reverse. It is now dropping and dropping. The chance of reaching 20K USD is fading. Maybe that 20K USD is possible in the next coming year, maybe by early 2018. But not a bad thing after all, bitcoin is still high. Let us just use this drop to buy bitcoin.

Still there are three days to come and people are hopeful that it will again strike to the 20k at Christmas and it is totally depending in the people who bought bitcoin in recent time and if the no of investor is great then it will take only three to four hours to hit 20k but we are hopeful that bitcoin is in incremental situation again and all of investor community want to see 20k price enlightening market board to wish people happy new year.