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Author Topic: Will we ever see 20k+ again?  (Read 1929 times)
jakerfox
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January 24, 2018, 06:29:30 PM
 #221

As of present, i dont think the price of Bitcoin is able to return to $20,000, because of the sharp drop in Bitcoin prices that has put confidence into investors, this will probably take a long time to recover. However, I think in middle of 2018 may be close to $20,000 price would be reached again.
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January 24, 2018, 06:32:38 PM
 #222

I think its very posibble to happen, now that its only 1st month of the year and too early to become hopeless.  I bet before the year 2018 overs, The price of bitcoin will smoothly reach the $20K before the year ends.
Indeed, be optimistic bitcoin will touch 20,000$ again or even more before this year 2018 end. Bitcoin was so fluctuative hence, it is not possible for it to happen. Yet, day by day cryptocommunity is become larger and this means that the demand will rise same on its value. Always remember that don't panic and be wise on our decision because it might lead to our loss plus, have a trust on it.
The year 2018 is still very long and the chances of a much higher rise are still very open. I also have a high sense of optimism to believe that the Bitcoin price increase could exceed the 20,000USD rate. Increasing trust in Bitcoin and also increasingly using Bitcoin in all financial transactions that we do then it can make Bitcoin prices increasing. This can not be denied because the increasing demand will give positive value to the development of Bitcoin.

The rate of $20,000 that you tell here is not a far target for bitcoin. The next possible target will be $15,000 and then $20,000 will come up in the following weeks. The bigger target will be $35,000 this year.
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January 24, 2018, 06:43:27 PM
 #223

As of present, i dont think the price of Bitcoin is able to return to $20,000, because of the sharp drop in Bitcoin prices that has put confidence into investors, this will probably take a long time to recover. However, I think in middle of 2018 may be close to $20,000 price would be reached again.


people say same thing when bitcoin under $1000..  never get to $2000...  bitcoine double from 1 to 2,   2 to 4...   4 to 8..  paddycake.. sweet 16... and now we dream

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January 24, 2018, 09:55:18 PM
 #224

I think its very posibble to happen, now that its only 1st month of the year and too early to become hopeless.  I bet before the year 2018 overs, The price of bitcoin will smoothly reach the $20K before the year ends.

Before the end of 2018 is too long to be honest I feel that bitcoin will reach the feat of $20000 by next three months as first few months of the year is harsh for crypto coins then it goes wild after the correction and since we are in correction period now we cannot predict much but I think 20k will be achieved way before the end of this year.

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January 24, 2018, 10:32:51 PM
 #225

I doubt it. BTC has major problems with transaction fees and altcoins are taking over... Good luck, though!
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January 25, 2018, 02:46:49 AM
 #226

If ever Bitcoin reaches $20k, I hope that there is corresponding good news with it like the lightning network and such... Otherwise, there will be no back bone for the uptrend which is a potential danger.

If there is no new technology coming, I don't see any good happening for BTC. There are tons of new/3rd/4th generation coin coming with tons of new technologies/solutions.
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January 25, 2018, 02:48:31 AM
 #227

A new dip is expected on Jan 26th. (more information https://www.youtube.com/watch?v=SHGVJhimEZ8) I think this dip will give the market the momentum it needs to break through again and possibly reach 20k 'shortly'
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January 25, 2018, 03:18:25 AM
 #228

Surely we'll see the price cross above $20k, it's all about the matter of time. Just think of the price increase that happened from the value around $5000 reaching $20000. Now we're in a higher level than those time period. With this I believe the price will increase once a mass adoption takes place.
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January 25, 2018, 09:58:12 AM
 #229

A new dip is expected on Jan 26th. (more information https://www.youtube.com/watch?v=SHGVJhimEZ8) I think this dip will give the market the momentum it needs to break through again and possibly reach 20k 'shortly'

Interesting point of view, skeptical of predictions but it could go either way.

Be nice to see 20K or over hitting soon, it will generate some nice momentum.
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January 25, 2018, 01:19:05 PM
 #230

All of us want to see bitcoin price to be around $20k again. All of us are aiming to gain profit in a short term using bitcoin with trading. If you buy bitcoin today and bitcoin price will rise up high tomorrow until $20k, your bitcoin will double its price. We all don't know and no one knows when exactly what will it happen again, but hopefully soon this year.
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January 25, 2018, 02:01:38 PM
 #231

A new dip is expected on Jan 26th. (more information https://www.youtube.com/watch?v=SHGVJhimEZ8) I think this dip will give the market the momentum it needs to break through again and possibly reach 20k 'shortly'

Interesting point of view, skeptical of predictions but it could go either way.

Be nice to see 20K or over hitting soon, it will generate some nice momentum.

Well bitcoin may have hit 20k a bit too early that's why many people are crying over the value drop his month. If you ask traders january last year if btc can reach 20k, most would say no. Personally 5k at the end of the year was what i was expecting. 20k will again be touched but don't expect the same pace it took during the december run

 
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January 25, 2018, 02:38:31 PM
 #232

Well, as far as I know this dip happens also on the same month last year but still crypto market gains x2 or higher by the end of 2017. If ever that would happen the same way as before then no doubt bitcoin will gain also the $20k or even more by the end of 2018.
So enjoy the dip for now, take the chance to buy when they still in dip, sonce we all new that btc still capable on having ATH since cryptocurrency were just only started adopting bu other countries.


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January 25, 2018, 02:59:42 PM
 #233

Quote
Will we ever see 20k+ again?
Of course, cryptos have just started being noticed and the full potential is not yet unveiled...we slowly getting there...
Well, as far as I know this dip happens also on the same month last year but still crypto market gains x2 or higher by the end of 2017. If ever that would happen the same way as before then no doubt bitcoin will gain also the $20k or even more by the end of 2018.
So enjoy the dip for now, take the chance to buy when they still in dip, sonce we all new that btc still capable on having ATH since cryptocurrency were just only started adopting bu other countries.
I agree before we start thinking of ATH lets take advantage of the current cheap coins because we might never see it go this low once a favourable market is established for cryptocurrencies.
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January 25, 2018, 03:28:03 PM
 #234

Every market like stocks commodities Interest rates etc see corrections upto 75 % which doesn't mean that they will not go back up higher and history proves otherwise.  These corrections in fact are healthy. There can be many many factors behind these moves.  Bitcoin being the first crypto with early mover advantage and with improvements like Lightning Network in the works, Bitcoin will keep growing and will see new highs in the near future.
your right mate,bitcoin came from this burden half year ago and for the record he did overcome and climb a huge price of $20,000 thats why i am confidently believe in bitcoin capacity of recovery.trying to grow today from $11,400 wasnt a long run right?that the posibility of returning to $20,000 is just a few weeks sooner
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January 25, 2018, 03:31:12 PM
 #235

(I'm all-in in Bitcoin for the record) I don't want to be a pessimist but I'm kinda going in to that direction.

We all know crypto bled quite bad the past week. Because of bunch of government issues, futures contacts, unconfirmed transactions and what not... We all also know that Bitcoin is neither the fastest nor the safest crpto currency out. The 3rd generation coins are way more in demand and people are in talks of the 4th generation. I'm wondering if BTC will ever see the light of day.

Tether deposited another 400 million USD to BTC, and it's said this is the reason BTC had an upward movement. However, my perspective is a bit blurred and I can't help myself but get more pessimistic about it.


When Bitcoin was around 18k, the only thing that was talked was whether it was the biggest bubble in history or not and (if it is) when it's going to burst. Now that it went up to 20k and went back down to 9k, it looks more of a bubble than not.

I'd like to hear what forum people say.
I am hoping that we will but patience will be the key. Bitcoin is naturally volatile so we could not expect that its market balue will continuously increase that backdrops anytime may takeplace. Bitcoin is having a hardtime due to coutries who banned cryptos. Forks are exocted this year which I think will contribute to make the market value of Bitcoin more expensive mid ths year just like what happened last year.
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January 25, 2018, 03:43:44 PM
 #236

IMHO we will see above 20k during this year but there will be many corrections along the way to reach again to 20k. Probably during Q1 bitcoin is remaining around 10-15k, but I think (and hope) that considering that it doesn't go below 10k and with some important improvements (hello Lighting Network) we'll see a good Q2/Q3 with bitcoin reaching 25k.

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January 25, 2018, 09:41:38 PM
 #237

As of present, i dont think the price of Bitcoin is able to return to $20,000, because of the sharp drop in Bitcoin prices that has put confidence into investors, this will probably take a long time to recover. However, I think in middle of 2018 may be close to $20,000 price would be reached again.


I agree with you. It will be difficult to get back to the level of 20k $. It may take some time. I do not think the price will grow as fast as last year. At the end of the year maybe it will be around 20-25k $.

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January 26, 2018, 11:29:55 AM
 #238

Last some days bitcoin Price $9-12k. This situation persists bitcoin Price step by step increase. If bitcoin price do not fall again. Will Bitcoin reach $20k in next three months . Definitely will bitcoin reach $20k in this year.
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January 26, 2018, 05:14:06 PM
 #239

(I'm all-in in Bitcoin for the record) I don't want to be a pessimist but I'm kinda going in to that direction.

We all know crypto bled quite bad the past week. Because of bunch of government issues, futures contacts, unconfirmed transactions and what not... We all also know that Bitcoin is neither the fastest nor the safest crpto currency out. The 3rd generation coins are way more in demand and people are in talks of the 4th generation. I'm wondering if BTC will ever see the light of day.

Tether deposited another 400 million USD to BTC, and it's said this is the reason BTC had an upward movement. However, my perspective is a bit blurred and I can't help myself but get more pessimistic about it.


When Bitcoin was around 18k, the only thing that was talked was whether it was the biggest bubble in history or not and (if it is) when it's going to burst. Now that it went up to 20k and went back down to 9k, it looks more of a bubble than not.

I'd like to hear what forum people say.
This is not the biggest bubble in history, it was a bubble and now there was a correction that is just normal, people need to relax a little bit, I know that the price is not moving much but this is natural the price cannot keep climbing every single month, the only thing we can do now is to be patient, things will improve in the future as the development of bitcoin continues.
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January 26, 2018, 05:54:13 PM
 #240

People were saying the same stuff about bubbles and such back in July 2017 when the market dropped from 140b to 60b but then it jumped back to 180b in like a month.
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