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Author Topic: Bitcoin $20k by July according to Tom Lee  (Read 1031 times)
Gabb
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February 20, 2018, 09:32:29 PM
 #101

Do you agree? I think it seems pretty realistic, considering how well it's doing right now.

http://tkcryptos.com/bitcoin-20-000-july-says-tom-lee/

Taking into account the performance of bitcoin in the last fifteen days, that forecast seems quite conservative since in the immediate period after having bottomed at $5,600 it has had a growth of more than 100%, which is why given the conditions for that in a few weeks the remarkable recovery of bitcoin will awaken again the enthusiasm of many investors today waiting for positive signs in the price of bitcoin to resume the bullish euphoria experienced at the end of 2017.
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February 20, 2018, 09:39:20 PM
 #102

It is good if btc would be $20,000 by july. many traders would have a big profit and other people in the crypto world.
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February 20, 2018, 09:48:46 PM
 #103

This is a very real scenario, the forecast for the end of the year is from 20 thousand to 50 thousand dollars for bitcoin. I understand that this is a positive assessment, but how often we hear, we still have a very wide corridor for economic maneuver. The market will grow, and this is a fact. Cool

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February 20, 2018, 09:52:31 PM
 #104

This prediction shouldn't be seen as anything special. Late last year bitcoin was selling for $20000 before the bear! We all know all the panic selling was strategic for some certain quarters to accumulate bitcoin at cheaper price.
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February 20, 2018, 10:12:39 PM
 #105

No one could accurately tell what would the price of bitcoin will be. Speculations might be reliable but if you are going to invest depending on these then you are still risking rather than being sure because of the news that there currently are.

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February 20, 2018, 10:32:02 PM
 #106

Bitcoin is $11,880 right now, so this bullish rally makes me think everything is possible. Let`s wait and see where it goes, it might as well go down in a couple of days. Tom Lee seems very prudent compared with the guy from CNBC who predicted $50,000 EOY.
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February 20, 2018, 10:35:29 PM
 #107

That possibility is true. Because the good news will bring the crypto world to improve. seen now bitcoin prices continue to increase. I think it's a start for $ 20k. But I think in July the bitcoin price will be more than that. we are equally witnessing the rise of bitcoin every time.
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February 20, 2018, 10:42:06 PM
 #108

Yes. Bitcoin will achieve 20k dollars, but i do not think so it can be in july. All time we see new changes which can make faster growth or can its slower. So i think it is sure but we can not say when
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February 20, 2018, 10:56:43 PM
 #109

Yes. Bitcoin will achieve 20k dollars, but i do not think so it can be in july. All time we see new changes which can make faster growth or can its slower. So i think it is sure but we can not say when
That's right,  market today are pretty hard to speculate nor we know where it goes due the fact that changes are very often all the time.  A lot of factors may affect it's market trend that surely it makes prices becoming unpredictable.
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February 20, 2018, 11:13:55 PM
 #110

Bitcoin is $11,880 right now, so this bullish rally makes me think everything is possible. Let`s wait and see where it goes, it might as well go down in a couple of days. Tom Lee seems very prudent compared with the guy from CNBC who predicted $50,000 EOY.
That's what I needed to know, thanks. I didn't want to go and look up the price of the coin since it's a few pages away.

 
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February 21, 2018, 05:34:45 AM
 #111

Bitcoin has proven us to be the number one leading coin several times.
Years back, The price was around $5k and when we look at the price now it's around $11k despite the market dip happening in the cryptos world. This implies that, Bitcoin going to $20k in July is possible. There's nothing impossible in cryptos world, But it's can't be predictable... Let's just keep our fingers crossed and follow the trend, weather its happening or not but I don't expect it so soon.
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February 21, 2018, 05:40:38 AM
 #112

Hơp that it will come true Smiley
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February 21, 2018, 05:55:14 AM
 #113

Yea, I have the same opinion, that BTC price will go up approximately at the start of the summer (not, like others waiting spring market grow).
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February 21, 2018, 06:00:30 AM
 #114

Tom Lee might be an author but do not have the power. If it happen. Bitcoiners will reach glory again. I'm the one who looking for numbers not quality of author that just saying acdg to him. However, he has his own study and each of us also have. I just believe no one can predict it but no harm in to be in his side only if you won't get carried away and believe all he said then you buy in panic.

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February 21, 2018, 06:00:36 AM
 #115

Do you agree? I think it seems pretty realistic, considering how well it's doing right now.

http://tkcryptos.com/bitcoin-20-000-july-says-tom-lee/
I am very sure what tom lee is talking about,
and predictions from year-end bitcoins will reach more than 20k $.
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February 21, 2018, 01:44:37 PM
 #116

Right now and according to recent analysis of this - You can assume Bitcoin will go over 20K$ again.

That being said - I do not agree with the added time schedule posted by Tom Lee and I'll explain:

The cause of Bitcoin downfalls is changed from one fall to the other and looking back at those drops you can see a reason behind each of them.
The reasons are different from drop to drop and therefor you need to investigate each of them separately - and you can't search a connection between them since of that.

So - Tom's suggested time frame makes sense to my hunches but I don't think you can take this as a guarantee since it's can't be calculated to my opinion.
Even a more statistical analysis can be affected by and unrelated issue that can cause the coin to go up or down!

It is easy for some guy to call a double increase. He could have the date for the price, we can only wait to see the price then.

 
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February 21, 2018, 01:59:17 PM
 #117

Do you agree? I think it seems pretty realistic, considering how well it's doing right now.

http://tkcryptos.com/bitcoin-20-000-july-says-tom-lee/
In fact, I think that Bitcoin will reach the mark of 20 thousand dollars much earlier.

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February 21, 2018, 02:06:03 PM
 #118

It's good prediction i think we are currently seeing bitcoin values still go down and I'm sure many people are waiting for the return of bitcoin prices at the highest price. With the predictions from Tom Lee can make me feel calm and keep holding bitcoin in the next few months.

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February 21, 2018, 02:10:27 PM
 #119

Looking at the price fluctuations I think it may not reach 18k range it may take more time than that. Since from the last two months price is not getting stable. Bitcoin rate was 18k during last year end then after dropped to 5k, so by that it may not reach 18k.
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February 21, 2018, 02:21:05 PM
 #120

Looking on the volatility of this market its difficult predict the exact time to reach 20000$ bitcoin but its sure that bitcoin will touch this level in maximum 5-6 months because Bitcoin is the mother currency of all crypto. And now a days many big companies thinking to use Block chain technology like last oct- nov we heard world biggest retail company Amazon announced that they will use Bitcoin for their payment gateway. And if this happened we may see 25000 mark in Bitcoin.

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