Bitcoin will never reach 20,000 again

[bhadz]

People who are talking this way totally lost their hope to bitcoin. Sold at the dip and bought during all time high's. There's no hope for these type of people, no wonder when the price goes up again you are getting out of the scene and I want to know where have you been by those times? I'll go back in this thread if someone up it again when the price is $20,000 or more than by that time and will just laugh on this.

Bitcoin's history is littered with such threads. Each time, it is the same story. Meet back here in 5 years and we'll talk.

Yeah gotta get back after 5 years and see that "never" go back again idea.

Why such panic?

Don't ask them why such panic. Today, it's normal when bitcoin price isn't moving positively there are people who will take of this advantage and will tell to the people that it isn't going to move any longer. And when bitcoin is getting higher, you can't hear any single word from them because they are silently taking profits.

[SaShiRaJaVu]

I am convinced and believe that bitcoin will reach $20 k more because a year ago bitcoin never reaches $20 k until finally falling to the present in the bitcoin number $9,000 but I see that the graph of the movement of the bitcoin already start to rise again and this is a good sign for bitcoin it reaches $20 k more in april this year

I am sure that no one will be having a different opinion than you regarding the price of bitcoin reaching another all time high and crossing the twenty thousand dollar valuations,it is possible in the long run but never expect to see another rally when the market is waiting for regulations from around the world,to see a good rally we need to have a good market condition and i do not see that moving away in April.

[PatrickJk]

The whales move the price down everyday.
Without whales we will touch 20000 easy.

[hisuka]

The whales move the price down everyday.
Without whales we will touch 20000 easy.

Their is always whales that price down daily. But I am thinking price could reach this year into $20,000. Their is always the possibility it will take place. Maybe this nearing months we can see it reach $20k, who knows the market is up and down.

[Kodok Bencot]

The whales move the price down everyday.
Without whales we will touch 20000 easy.

The whales also make the price skyrocket, I'm sure they're preparing big scenarios and maybe we'll get a big surprise at the end of the year, maybe we'll see a price of at least $ 50k at the end of the year.

[Baggong]

The bitcoin price is currently around $ 9100 and I think this is a regular phenomenon as early as the year, we'll see prices skyrocket when prices are past $ 15k, and I'm sure before spring it will happen.

[yacare]

The bitcoin will surely grow to $20000 and will be more expensive. The market is very changeable If to buy today bitcoin that by the end of 2018 it will rise in price surely. But it is necessary to be able to wait. You get good profit

[mason13]

Well, I am with bitcoin since 2015 and remember such "depressive times". I remember how it gained 1000$ and then back to 400$ and a lot people was saying "it will never gain 1k$ again". Now its 9,000$. Yes, maybe we will need more then 1 year to return 20k$ but I am sure we will. It wasn't last pump of btc I am also sure. We will have a few bigger pumps in future BUT now is depression period. Wait some month and it will start recovering. 

[terrific]

Bitcoin has been told to be dead for a million times, no for a gazillion times.

Every technology have some deffects

Yep, there's no perfect system or technology but embrace what's good with it.

How come that the community can't do something for modern thing?

Sometimes billions dollars not enough for making something simple, useful and helpful, because long time played in other game.

It may not be enough in your perspective but it is enough to make something useful and helpful.
It's not simple to have billions of dollar that is allocated for something.

Isn't the blockchain technology idea came from bitcoin and all of these alts are just copy cats?

Blockchain technology is not from bitcoin but from nature same like global computer system.

It's the origin and started it all.

[ajochems]

At first my strong apologize for my words.
I won't agree with your point. Bitcoin price will get back to 20k$ very soon.Now the demand of bitcoin is increased due to low price. And it will increase the bitcoin price indirectly.Henceforth the price of bitcoin will reach the maximum raise in a month and in two months it's possible to see the 20k$ peak.

[STT]

Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth.  The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...

Nope the title is untrue almost certainly.    I will bet a bag of beans Bitcoin will reach $20,000 again simply because the US dollar has far greater troubles then bitcoin overall.     I would just compare it to the old Russian Rouble which has an exchange rate of 10,000 to 1 for the new Russian Rouble.      Esentially that country had to default on its obligations as a government because it could no longer service them reasonably or pay the interest and levying enough tax to pay the debt was not feasible either.

This is the situation facing USA and I presume why dollar devalues greatly as every Treasury bond pays out in US dollars.   So they will soft default and repay in dollars of much lower value.

Back to the OP and thread title, this greatly helps the exchange rate to bitcoin.   I'm not saying 20,000 bitcoin will be as great an accomplishment but its quite certain it will occur one day.   The only 1% doubt I have is that the protocol is not continued for long enough parallel to dollars, but I think it will.  [I guess it could be banned by law]

[Bagaji]

Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth.  The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...

Maybe you are not aware of what exactly happened last year that has to move Bitcoin to $20,000 and what happen to Bitcoin that it's value has decline to the current of around  $7,000 and so on. Bitcoin value not reaching  $20,000 is an understatement of crypto currency community believe.

[Bacotan Bae]

The bitcoin price is currently around $ 9100 and I think this is a regular phenomenon as early as the year, we'll see prices skyrocket when prices are past $ 15k, and I'm sure before spring it will happen.

We should always think that bitcoin is a future asset, if we sell now then we will regret for selling cheaply, if we look for a few years then when the beginning of the year looks hard to rise, the price will skyrocket usually after August, so the price of $ 20 k will be easily achieved in this year.

[OrangeII]

well, we will not know what will be in the future. I still believe that bitcoin prices will reach that price. well, maybe right now, bitcoin has not shown anything significant, which can make the price get high, but, I'm sure in the future it will come up.

[BillyBobZorton]

As I said earlier, we needed to close above resistance level coming from the previous dips, on that formed line, in order to not enter panic mode, and we didn't, so we are crashing. If we go below $8000 it isn't going to be pretty. We could be looking at $7000 as the next resistance point, drawing a line from $2955 and $1830, september and july respectively.

If that doesn't hold, we may be looking for a triple bottom at $6000. If that doesn't hold.. oh well, we may revisit lower prices, which is awesome because it means cheap as fuck coins to pick from.

[cryptbit.man]

I get your point that the bigger players are hindering the growth once there is more than a 10% growth, however we have seen it skyrocket before so I think it's just a matter of time. You gotta have faith!

[darkangel11]

I just saw it go to 6k and then back to 10k, so 30% rise in a month. Is that bad? Does that mean the whales will sell at every raise and won't let people profit? No, it doesn't work like that. You're allowing your emotion to drive you and you're adding to your negativity by writing those sob stories about newbies panicking and crashing the market or whales not allowing the price to rebound. We had a huge amount of Gox coins being sold in a short period of time and the market had no time to digest and redistribute this. It will regulate itself in time.

[ciciteng]

Please don't spread FUD without proper backup.
If you take a look couple of year ago, it's no where near dip from the event when Mt. Gox got hacked and collapsed.
Be patient. Trust in Bitcoin. It's still in the experimental phase. Once the market adoption is growth, it will only keep the price nice and steady.
 

[PX-Z]

Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth.  The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...

That's probably one of the reason why bitcoin might not reach the $20,000 again, but we all know that bitcoin is unpredictable and no one knows what will actually happen after this deep dumping price of it. But who knows? It might be also the reason of a sharp increase of its price that's higher than what you expected.

[STT]

Ironic thing is the time to be bearish is not likely here or now.  Fair enough if you could foresee 20,000 as a sell but to expect a straight sell at every price is not close to accurate.   8000 area is likely strength that will work to discover if the 200 DMA is now an area for the ceiling.   8000 was a low in November before BTC gained alot to 20,000 and its also been an area for hesitation even with negative price movements since then.