Bitcoin will never reach 20,000 again

[DMiracle1]

Who knows what will happen. Nobody. All this things were just speculation. However, the decline of the asset's value, it is often temporary and will always go back up. It will go back up.

[fulmetal08larz]

I believe this is the consolidation stage in the market wherein it could last until Q4 of the year. $20k is not impossible to reach again by the time when most corporations and the public have adopted the technology behind BTC.

[removebeforeflight]

We cannot expect Bitcoin to be in a higher price always, crypto market is volatile and anything can happen at anytime. Bitcoin is not the only crypto which is down and you can see the list that almost every crypto is down. There are many reasons for this but the current price is not actually worrisome. Be calm and don't be panic and make others also panic.

Bitcoin would reach 20k within this June or July as per experts prediction.

[bigink]

 

[kouliadis]

Just keep calm and watch the show guys, bitcoin will scyrocket again it ll happen soon

[poplolnman]

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.

30% within a month , we can imagine if the situation run continuously what would we get in the next 3 or 4 months? Back to $20,000! We all know it's frequently happened in crypto where the price movement are so quick , up and down yeah. About the big money from mt Gox spent and sold at the market causing this stuck , I would agree , it's crazy really to sell your 300,000 Bitcoin in hurry . 20,000$ seems still realistic to reach but yeah of course not now.

[ruletheworld]

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.

30% within a month , we can imagine if the situation run continuously what would we get in the next 3 or 4 months? Back to $20,000! We all know it's frequently happened in crypto where the price movement are so quick , up and down yeah. About the big money from mt Gox spent and sold at the market causing this stuck , I would agree , it's crazy really to sell your 300,000 Bitcoin in hurry . 20,000$ seems still realistic to reach but yeah of course not now.

We've seen prolonged bear markets in the past. This really isn't new. Give it time - Bitcoin will do fine. The tech is more exciting than ever, and applications increasing as well. Lightning is definitely a welcome addition as well. We'll see what it all adds up to in 2020!

[DeadCoin]

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...

Just refer the data in CMC. In 2January 2017 the value was around $1000 and reached $21000 in December 2017. Now check the price in January 2018. It was at around $9500 to $9000. Compare the value of January. We are at a good stage at the beginning of 2018. I am sure the price would hit minimum of $30K by end of December. It may go more than that. Lets see.

[Lumada]

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...

Just refer the data in CMC. In 2January 2017 the value was around $1000 and reached $21000 in December 2017. Now check the price in January 2018. It was at around $9500 to $9000. Compare the value of January. We are at a good stage at the beginning of 2018. I am sure the price would hit minimum of $30K by end of December. It may go more than that. Lets see.

It will make another ATH, don't panic ruin you. Bitcoin already proves itself.

[shone08]

Well we cannot predict what will happen in the next few month since market are in the red blooded situation and most people are afraid in this event happen to bitcoin and the confidence to bitcoin turn to stressed but I have high believe it will be back to normal.

Bitcoin prediction from march to april
Bitcoin price prediction for March 2018.
In the beginning price at 10409 Dollars. Maximum price $11704, minimum price $7304. The average for the month $9772. Bitcoin price forecast at the end of the month $9672, change for March -7.1%.

BTC to USD predictions for April 2018.
In the beginning price at 9672 Dollars. Maximum price $11228, minimum price $6439. The average for the month $9458. Bitcoin price forecast at the end of the month $10493, change for April 8.5%.


Look at this image below, sorry but the situation is so painful hahaha

[bigink]

Well we cannot predict what will happen in the next few month since market are in the red blooded situation and most people are afraid in this event happen to bitcoin and the confidence to bitcoin turn to stressed but I have high believe it will be back to normal.

Look at this image below, sorry but the situation is so painful hahaha

https://i.imgur.com/piDjzND.jpg

A BIT much...

[quality.crypto]

Well we cannot predict what will happen in the next few month since market are in the red blooded situation and most people are afraid in this event happen to bitcoin and the confidence to bitcoin turn to stressed but I have high believe it will be back to normal.

Look at this image below, sorry but the situation is so painful hahaha

A BIT much...

There are many people who are panic about the present situation of the market, in the last year we have seen there is an exceptional growth in Bitcoin. People who are expecting higher price they need wait another 3 or 4 months, in crypto the major thing we need to have is Patience.

[Sithara007]

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...

Not every Bitcoin investor is a margin trader or a whale. A lot of them are medium-term or long-term investors, who doesn't care much about the daily price fluctuations. IMO, the recent slump is a result of government actions in Asian nations such as India and South Korea. Within a few months, we will be able to recover from it.

[yonjitsu]

That's seems to be unclear whether bitcoin will rise up to 20,000$ again early or before this year ends (at its best) or will not if it will come up short. We just hope that the demand of people in bitcoin will go up high so we can really expect a real come back of bitcoin.

[Yatsan]

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...

It is absurd to think that it will never reach a market value of 20000 USD just because the price of it is currently falling continuously. We just have to wait and be patient. The thing that we are experiencing right now is just a part of its volatility and is hundred percent normal. Since the price is low at this moment we should more focus on investing and holding. Just wait until the increase take place

[dgasanka]

I think easily Bitcoin will reach 20000 mark and beyond that by the end of this year ,Just hold BTC and will bring the magic for you.

[nydiacaskey01]

The current price of Bitcoin last November 25, 2017 was $8,344 USD which is almost the same price that we have today. 22 days later, Bitcoin climbed to $19,000 USD last December 17, 2017. Take note that it took only 22 days to reach $19,000 USD. So to your comment that "Bitcoin will never reach 20,000 again" its too early to close the door for that to happen. There's too many negative signals that make the price of Bitcoin go down versus positive news that will help Bitcoin price to climb up again.

[99btcwah]

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...

Not the whales but the market would realize that $20k is a very much inflated value for the asset. I'm in for bitcoin but I strongly believe that the $20k peak from last year was just a one-off and market corrections would remain steady at around $11k levels. 

[TravelMug]

The current price of Bitcoin last November 25, 2017 was $8,344 USD which is almost the same price that we have today. 22 days later, Bitcoin climbed to $19,000 USD last December 17, 2017. Take note that it took only 22 days to reach $19,000 USD. So to your comment that "Bitcoin will never reach 20,000 again" its too early to close the door for that to happen. There's too many negative signals that make the price of Bitcoin go down versus positive news that will help Bitcoin price to climb up again.

Exactly. So it possible to go to $20K again but the problem is that we are getting to used seeing bitcoin at 5 figures that's why most of investors got burned on that faithful December madness. But it has proven that we can get to $20K but just a strong positive signals coming from the market speculators.

I'm sure that $20K can still be hit at the end of the year. We still have more than nine months to see a bullish run and ended up to even more than that.

[putrii]

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...

just calm in 2017 yesterday is the beginning of the beginning people know bitcoin and make the price very mahahl, so I hope you can be patient and you buy some bitcoin when the price is very cheap like this.