Bitcoin will never reach 20,000 again

[LudviGG]

I would be optimistic, and Bitcoin will reach $20,000 this summer. So, need to invest in Bitcoin so much as you can.

[PokerStein1]

I think bitcoin will reach 20k and beyond but we need to wait and we need to be patient. I think in 2020 cryptocurrency market will be huge.

[must_have]

It is so pessimistic. I think there are panicmakers who try to disorient newbie traders for selling their coins. Don't be saps for this panicmakers.

[LuckyBtc]

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...

Believe what you want, Hodl method just works! Bitcoin will go above $20k someday, It's a patience game. Don't feed your Bitcoins to whales lol.

[romecheo]

Yes, Bitcoin will not reach 20,000$ because BTC will surely surpass that value. So many prediction and technical analyst that Bitcoin could attain 100K USD this year or even much greater value.

For your references.
https://www.express.co.uk/finance/city/913707/Bitcoin-prediction-2018-price-crash-bubble-Ripple-ethereum-cryptocurrency-blockchain
https://www.fxstreet.com/analysis/best-2018-bitcoin-price-predictions-btc-usd-projections-from-8073-to-89750-201712221158
https://www.cnbc.com/2018/01/16/bitcoin-headed-to-100000-in-2018-analyst-who-forecast-2017-price-move.html

[mike4001]

So many prediction and technical analyst that Bitcoin could attain 100K USD this year or even much greater value.

Sorry but this is delusional.

[fabiorem]

Sorry but this is delusional.

Not if bitcoin was revolving around 16k right now, but isnt. We are going back to 8k AGAIN.

So it will increase much less than it did in 2017. We will reach 20k in due time, but it can take weeks or a couple of months. If bitcoin will still be at 10k by April, then I would say 30-50k by the end of the year, but if it go higher, then 50-70k. I only hope that we have at least one sidechain ready, because the demand will be higher.

[richminded]

I think bitcoin will reach 20k and beyond but we need to wait and we need to be patient. I think in 2020 cryptocurrency market will be huge.

I still believe that cryptocurrency will go high this year specially with bitcoin its a matter of time and patience. Just hold on your coins and for sure bitcoin will take care of it. The resistance are being tested in the past weeks and I know it can break it to start the uptrend, wait for it don't rush things.

[DigitalCurrencyConsultant]

If it does reach that price again I will be shocked as it seems controlled now by governments and their taxation of the people on it.

https://www.coinhills.com/market/currency/

Japan, South Korea and America if you cannot figure this out... mmmm

All my comments above on that thought

[Sn1p3r]

Year 2015:
http://ss.kikimon.net/Y9pMLtX.png

First going down - middle of year going up


Year 2016:
http://ss.kikimon.net/NE0Keg9.png

First going down - middle of year going up


Year 2017:
http://ss.kikimon.net/qZxxCju.png

First being steady - middle of year going up


Year 2018:
http://ss.kikimon.net/WXTCO.png

It's going down... what that means?

[Clavulanic]

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...

Believe what you want, Hodl method just works! Bitcoin will go above $20k someday, It's a patience game. Don't feed your Bitcoins to whales lol.

I don't mind how long should I wait for it. What matters most for me is bitcoin still kicking. The value will never be predicted and so I say that whatever the situation of bitcoin will always depend manpower resources. So it will still have chances for $20k to appear in the long years to come. Just keep relaxing and don't get stressed about it.

[creeps]

Sorry but this is delusional.

Not if bitcoin was revolving around 16k right now, but isnt. We are going back to 8k AGAIN.

Hopefully not to go down again on that level since bitcoin are able to survive on support level in the past weeks. I still believe $20k is reachable but it will surely take more time because people are still confused why this thing is happening, again if bitcoin gain its momentum way up high, for sure 2018 is a great year for bitcoin.

[mace15]

I would be optimistic, and Bitcoin will reach $20,000 this summer. So, need to invest in Bitcoin so much as you can.

Possible bitcoin would reach $20k hopefully it will happen. Let's be positive on bitcoin market that this time it will not go over fall huge of price. We are in this curent price again so I am still have no doubt on bitcoin that it will bounce back to 20k this year.

[Bardman]

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...

What a great deduction sherlock. You could have said that 5 months ago too. No one knows what's going to happen long term but bitcoin is still strong, we did recover from a huge crash, we have been through worse and marketcap was still not even close to it's full potential, I mean, not even 1 trillion? That's laughable for this market.

When real regulated exchanges start coming out, the money will too and then all the hype will return and push the price even higher, possibly.

[richardsNY]

When real regulated exchanges start coming out, the money will too and then all the hype will return and push the price even higher, possibly.

We already have regulated exchanges. On top of that, this market is known to start rushing up when people don't expect it. People have been spoiled with how much the price has gone up lately, and for that reason aren't used to consolidation anymore. From their perspective current market looks bad, and as long as the major part of the market keeps thinking like that, the smarter part of the market accumulates till the bomb explodes again. Once the price has gone up significantly already, the people feeling bad about the market right now will at that point be confident enough to finally pull the trigger to start buying, and that's when we will be ready to sell them our 'expensive' coins. It's a never ending cycle for noobs.

[Question123]

Bitcoin price already reacheed $20,000 last few months ago. I believe it will increase the price again like 20k dollars so if that happen we will earn a lot of moneu again.  So please don't said that never reach 20k dollars again.

I believe not only the price of the bitcoin become $20,000 because for me the possible price of the bitcoin this year will become $50,000 so you can buy bitcoin now.

[Ararbermas]

Bitcoin price already reacheed $20,000 last few months ago. I believe it will increase the price again like 20k dollars so if that happen we will earn a lot of moneu again.  So please don't said that never reach 20k dollars again.

I believe not only the price of the bitcoin become $20,000 because for me the possible price of the bitcoin this year will become $50,000 so you can buy bitcoin now.

yeah the good idea for now is to buy bitcoin or wait for another drop instead of worrying about the circumstances of price , 'cause this drop is normal  and for me this is just a another correction which is always happen before it continue to grow.  . So i think much better to buy now and hold ,

[Kemarit]

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...

LOL. Whales don't take profits at that margin. What is happening is that a lot of mid-to-small traders are doing day trading and taking the profits even for like a 10% margin. Whales don't panic in crisis, that's why we also call this strong hands. And besides 5-10% for whales are nothing. They will rather sit it out and wait till the price goes to the moon as what happened last year.

It is difficult for bitcoin to reach the price of $20k again because until now any bitcoin has not been able to successfully penetrate the price of $12k. Maybe this year will not be like last year but I remain optimistic that bitcoin can reach at least $15k price this year and it looks like the price will happen in the last months of this year.

Correct, maybe we won't see the frenzy and madness of last year. But I'm sure that we can break $20,000 and can even hit another all-time-high.

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...

Thats really negative thought and I already don't like it into your heading! Bitcoin will reach that mark in the future for sure, no one can predict when but it will reach surely. There were lots of whales in previous time also who used to do the same thing, hold and take the profits from 5-10% hikes. The swing trades are anyway common anywhere but they are not risked by whales at all. There holdings are enough for them to get started and grab the profits (huge one) even if the bitcoin moves little bit upwards. I think whales are the smartest people who wants bitcoin to spike to 20K and I think they are not the opposite one.

Well, there's always be 2 sides in a coin. And the OP seems very negative. He really needs to understand how the market works this wild swing has nothing to do with the whales. And its fairly common to see dumps specially if we have negative news like the Binance potential hack.

[marcbitcoins]

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...

I bet it would reach more than $20,000 by this year. This is simply because Bitcoins is much polular today resulting to lot of development that are happening around the globe in favor of Bitcoin which result to massive investments that will coming in which it will result to increase of the Bitcoin demand. My speculation for this year was $20,000 to $25,000 mark which also the prediction of most of the experts.

[Ayiranorea]

Quite often some sort of issue has been getting into existence. This interrupt in the growth of bitcoin reaching the $20000 mark which users has been expecting for a long. Possibly with the ongoing price drop it takes at least few weeks to recover same as the previous fall.