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Author Topic: Bitcoin will either go to $8000 or $20000.  (Read 846 times)
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December 25, 2017, 02:44:55 AM
 #41

The both of them can happen anytime but for me, 20k$ price of bitcoin has higher chance that it will happen than the 8k$ price of bitcoin. Bitcoin is expected to crash because of the holiday season and probably sold some of their bitcoin. If the 8k mark will happen, most likely many of the investors will invest more into bitcoin and make its price shoot up again.

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December 25, 2017, 02:47:46 AM
 #42

I would go with 20k$ and I must say that bitcoin will never go that much low as you mentioned, the reason is bitcoin become popular and valuable day by day so how it will go that much lower?

yes i smell the bull run too! bitcoin is going mainstream and the reason why it dump lately because people liquidate for the holiday season.

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December 25, 2017, 02:51:43 AM
 #43

I don't look at the price that way. It's not either or situation. Correction or dump as you wish to call it could go even deeper than now, so up to 8000$, which I.personaly doubt, but that doesn't mean that after that it will not go all the way to 20000$. One thing doesn't exclude the other. But I think that in this round, by the end of this year, we have already come to the lowest point of price correction and that was 11000$.

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December 25, 2017, 02:53:27 AM
 #44

Would love to see Bitcoin dip to 7500 so I could buy more. Sadly think it will be at 25k shortly
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December 25, 2017, 02:55:28 AM
 #45

I can see bitcoin going to $20K, but I do not see it going back down to $8k unless something drastic happens. For now I would bet on Bitcoin reaching $20K sometime next year (2018) for sure!

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December 25, 2017, 03:16:07 AM
 #46

Let me join to this prediction pool.
My guess is that BTC will jump up and down from 11k to 16k during next few weeks and then start new stable growing in the second week of Jan.
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December 25, 2017, 03:24:58 AM
 #47

I'd go wit 20k. If history is any indication it usually crashes then soars back up. Crashes again but not all the way down. Then soars higher than it was before, breaking records.

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December 25, 2017, 03:25:04 AM
 #48

bitcoin reaching $ 20k is currently very reasonable, but in the next few years bitcoin can reach $ 30k it is not impossible given the bitcoin supply is very limited in cryptocurrency.
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December 25, 2017, 03:34:34 AM
 #49

i think it's going down to 8000
but i hope it's going up to 40000 Tongue
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December 25, 2017, 03:46:03 AM
 #50

Which do you think is more likely to happen?
Difficult question, we've already been there, but to reach such levels again, we need a lot of institutional money and major investors coming in. Not sure if that's coming by the next few weeks, as many expect, but by technical analysis of the chart, it seems there is potential to break previous highs.
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December 25, 2017, 04:16:10 AM
 #51

Which do you think is more likely to happen?
Despite negative reports in the falling price of bitcoin by some media just to set in fears and panicks to new investors to dump bitcoin I don' t think the price can go below $8K there are  staunch investors who will never sell or dump or will continue to hodl against any backdrop whether the price is dropping or not I belief the price will pick up after the Christmas period.

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December 25, 2017, 04:25:56 AM
 #52

There's a chance for Bitcoin to rise towards like $20,000 if the trend continues over the next year. We need to look at the annual returns instead of the monthly...
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December 25, 2017, 04:55:07 AM
 #53

Which do you think is more likely to happen?
No one know. But it will be 20K for sure.
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December 25, 2017, 05:04:25 AM
 #54

 why not bit coin will go 20000$ within one year  . who buy bitcoin should hold for six month or one year
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December 25, 2017, 05:05:24 AM
 #55

After reaching the bitkoynom course of 20 000 dollars, he fell in value in some days by about 40 percent and was in the region from 11000 -13000 dollars. After that, it rises slightly and falls in price, stopping now at around $ 14,000. This indicates that it has already been corrected in price and in that case, the price will not fall any more. In the near future, most likely, he will again begin to grow in price, so it is most likely that he will soon again reach his previous rate of $ 20,000.
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December 25, 2017, 05:14:28 AM
 #56

I can see bitcoin going to $20K, but I do not see it going back down to $8k unless something drastic happens. For now I would bet on Bitcoin reaching $20K sometime next year (2018) for sure!

This is the problem. All the Bitcoin holders are dreaming about prices of 20K, 40K, or even 100K in the near future. But what will happen if the prices dip to 5K and stay there for a while? If BTC can go to 40K, then it can hit 5K as well. This is what the past price changes indicate. If you can hold on to your coins for 5-6 years, then it is OK. But if you can't then you will incur a loss.

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December 25, 2017, 05:16:10 AM
 #57

Which do you think is more likely to happen?
bitcoin will continue too the moon, although yesterday had happened a big accident I think it will not be too influential and everything will back up in early 2018.

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December 25, 2017, 05:25:43 AM
 #58

I got two predictions on bitcoin for the coming years.

The first one; if the problem of bitcoin about slow transaction and high fees will not yet resolved in the near future, which is 2018 for me,it might go back to $8,000 or even lower. The second is; it may surpass $20,000, because of investors, especially the whale investors, are now going into bitcoin trading. More and more investors are now recognizing bitcoin as a potential profit.

But the greatest prediction I've heard came from John McAfee, he first predicted that bitcoin will reach $5,000 at the end of 2017, and his prediction for 2020, bitcoin will be $500,000. Now he made a new prediction, bitcoin will reach $1,000,000 at the end of 2020, and he's going to eat his own di*k on national television if it didn't happen. 

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December 25, 2017, 05:30:33 AM
 #59

Well for now we might is a bitcoin price slowdown but starting next year it will reach the 20,000 price again and probably break it. 30,000 is the new target. lets see

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December 25, 2017, 05:31:53 AM
 #60

Which do you think is more likely to happen?

Actually, I am not to worry about this and if the bitcoin price drops until $8000, I can make sure to buy more bitcoin and hold it for a long time because I believe that the price will reach higher price in the future. I think every people that getting involved in cryptocurrency will understand with this and they will use their chance to buy bitcoin again while the price is down like today. but if I take a look in the chart and my own chart, there is a good moment for bitcoin to increase although it is not too high, it is worth for us to sell our bitcoin and make a profit.



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