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Author Topic: BITCOIN WILL HIT 20K MARK OR WILL CORRECT THE POSITION TO 12K ?  (Read 370 times)
mohit3110MM (OP)
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December 12, 2017, 09:50:30 AM
 #1

BTCBTC WHATS YOUR OPINION DO SHARE  Smiley
Ailmand
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December 12, 2017, 10:38:09 AM
 #2

I would say that it may have the chance to reach 20k dollars if it continues the pace and track it is going now. If you would ask me this questions maybe a month ago, I would be negative and say that it's impossible, but bitcoin has shown great resolve in the last few weeks that prompted its price surge. That is very surprising even for bitcoin itself. The 12k mark right now is long gone because the price point it has been circling around is in the 15k mark. I think if there would be a halt in the rise, that would be the value it will temporarily hold.

ChainSmoker
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December 12, 2017, 10:40:42 AM
 #3

BTCBTC WHATS YOUR OPINION DO SHARE  Smiley
I think we will probably see a correction before Bitcoin hits 20k and I don't think correction will be down to 12k only.It will be to 9K to 10K.After the correction,I think price will come back and then it will slowly rise to 20k. Smiley

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AllGoodNamesAreTaken
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December 12, 2017, 10:43:41 AM
 #4

I'm pretty sure it will test $20k this year, but I also think it will close this year below that. But what do I know  Tongue
mohit3110MM (OP)
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December 12, 2017, 11:09:45 AM
 #5

Ya it looks like once it will test  20k mark
ivrynx
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December 12, 2017, 11:27:47 AM
 #6

There is no doubt that bitcoin will hit the 20k usd mark, however we cannot tell if it can be breached within this year, since we only have a few days to end december, and also bitcoin futures is already out in the market, hopefully  we see bitvoin going over 17k before the end of the year, since people may just be testing waters investing in bitcoin future
Emoclaw
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December 12, 2017, 11:39:20 AM
 #7

Nobody knows, everything everyone says is speculation so don't listen to anyone.
It's important to mention that we hit $18k and subsequently went down to $15k a couple of days later. Perhaps that was the correction. Perhaps not.
I personally speculate that we will hit $20K. There won't be another price drop. I could be wrong though.

Whatever the case may be, do not make decisions based on what people say in these types of threads because you might seriously regret it.
Ginos
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December 12, 2017, 11:42:06 AM
 #8

There is no doubt that bitcoin will hit the 20k usd mark, however we cannot tell if it can be breached within this year, since we only have a few days to end december, and also bitcoin futures is already out in the market, hopefully  we see bitvoin going over 17k before the end of the year, since people may just be testing waters investing in bitcoin future
i did not understand what do you mean by bitcoin futures already out in the market ?
what does it mean ?
smyslov
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December 12, 2017, 11:44:32 AM
 #9

BTCBTC WHATS YOUR OPINION DO SHARE  Smiley

How I wish it will go to $20,000 mark although there's a big possibility it will there's also a  possibility it will correct itself to 12k but all the chart points that it has a big possibility that it will hit $20,000 mark before the first quarter of next year, more and more people are taking their chance to bitcoin.
jayco25
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December 12, 2017, 11:45:13 AM
 #10

my opinion before the year ended bitcoin will hit 20k dollars. but always remembers it depends also to the community if they want to convert there coins in other altcoins. I hope bitcoin will hit 20k
no0dlepunk
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December 12, 2017, 11:49:25 AM
 #11

It will probably hit that $20,000 anytime soon, and if the mainstream adapters won't stop from buying bitcoins, it might reach $30,000 before the end of December. Anyway, correction might occur once these newbies discover altcoins.
heureca
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December 12, 2017, 12:03:01 PM
 #12

It could be both options. However, currently BTC should go up till 18-20k $.  So probably it will be good idea to buy BTC for 17k$)

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December 12, 2017, 12:08:41 PM
 #13

the question means that here must be market makers or insiders who could give you an intel, is that right
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December 12, 2017, 12:31:59 PM
 #14

BTCBTC WHATS YOUR OPINION DO SHARE  Smiley
Both options are possible 50/50.
I'm more inclined to 20 000 dollars. We have a new year in 3 weeks, 20,000 are a significant milestone, a round figure. Bitcoin loves round figures. Futures can also help achieve bitcoin treasured $ 20,000. I expect from bitcoin by the end of the year 20K

katarin2030
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December 12, 2017, 12:41:54 PM
 #15

Looking at the current trend of surge in the price of the bitcoin it might hit 20k mark in few days and also there is lot of news coming from various corners about the price of bitcoin, by that also can tell that bitcoin reaches 20k mark.
fredo123
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December 12, 2017, 12:48:28 PM
 #16

I am confidently expect bitcoin to break 20K by the end of the year, and i am motivated by its awesome performance by recent month. Eventually we don't know the actual amount of btc in the future days because of the influx of investors who find bitcoin as a good investment is going strong, Myself is looking forward to invest btc because of good return in just short span of time.
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December 12, 2017, 12:49:37 PM
 #17

I do think that the price will see another spike in the chart. There was a recent dump of $3000 in price a few days back when the price dumped from $16k to $13k . I think this much correction is enough for BTC to become stable and now it might take another increase in price and might reach $20k . I also think that there will be another huge dump on $20k since many people have been targeting this price and investors might take their profits when the target is achieved.
chris molty
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December 12, 2017, 01:07:46 PM
 #18

I would like to say that it will correct towards the $ 12K but I have the impression that it is going towards $ 20k
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December 12, 2017, 02:17:56 PM
 #19

price has moved past 17,000 now. let's see if it goes past it and consolidate within 17-17.5

price might move lower though if the market buys into more fud in the internet. for example, cnbc has just published an article covering a bitcoin millionaire named Grant Sabatier. He recommends bitcoin newbies to NOT INVEST IN BITCOIN NOW https://www.cnbc.com/2017/12/11/bitcoin-millionaire-grant-sabatier-dont-buy-bitcoin.html basically because it's a gamble  Huh so market could correct in response to his recommendation....
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December 12, 2017, 02:26:39 PM
 #20

BTCBTC WHATS YOUR OPINION DO SHARE  Smiley

Bitcoin will surely correct and it can be lower than $12k and I see this as a great opportunity to buy more bitcoin but still believe that bitcoin can hit $20k and go even higher. We must ride the trend of bitcoin for long term goal so you can be sure to create big profit.

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