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Author Topic: Current steady growth will result in $20K by end of August?  (Read 831 times)
maarx (OP)
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May 06, 2018, 04:07:54 PM
Last edit: May 06, 2018, 04:44:59 PM by maarx
 #1

Last 3 weeks growth has been slow, steady and strong amongst slight price fall now and then. Experts said the price would grow back by end of April and yes it happened. So will bitcoin price hit $20K by August 2018? I am sure yes if this current growth trend remains as it is.

What are your thoughts?



























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May 06, 2018, 04:15:17 PM
 #2

most likely the uptrend will continue, but how far and how fast... have no idea. Hope to see new thoughts here too Smiley
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May 06, 2018, 04:45:01 PM
 #3

Last 3 weeks growth has been slow, steady and strong amongst slight price fall now and then. Experts said the price would grow back by end of April and yes it happened. So will bitcoin price hit $20K by August 2018? I am sure yes if this current growth trend remains as it is.

What are your thoughts?
This price was already expected because every year this will going to moon in June to December then again it will drop in first 3 to 4 months so many trusted investors are hold for long term. I hope Bitcoin is reach more than 20k USD in August but many altcoins are growing well in this year so all the Cryptocurrencies are move forward in future.

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May 06, 2018, 04:54:10 PM
 #4

Last 3 weeks growth has been slow, steady and strong amongst slight price fall now and then. Experts said the price would grow back by end of April and yes it happened. So will bitcoin price hit $20K by August 2018? I am sure yes if this current growth trend remains as it is.

What are your thoughts?

There cannot be steady growth. If market participants feel that there is steady growth, then the noobs will rush in with their money. When this happens the market will inevitably overheat and there will be a correction. Bitcoin has been volatile through out and I dont expect it to change in the near future.


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May 06, 2018, 06:14:17 PM
 #5

There are more than thousand surprises in the prices of bitcoin.I will not be shocked if bitcoin price even double 20k before August.This is because I know people who never believed in bitcoin and cryptocurrency as a whole walk up to me and start asking me how they can invest in bitcoin.I am like change is really spreading like wild fire.Change is here and bitcoin inversion has become powerful.

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May 06, 2018, 06:19:45 PM
 #6

I think the recent up trend has something to do with the announcement that the Winklevoss twins might be helping to get

Bitcoin onto NASDAQ.  Huh https://qz.com/1261537/winklevoss-twins-gemini-bitcoin-exchange-partners-with-nasdaq-to-monitor-for-market-manipulation/

It was enough to put a spark under the butts of most investors to get back in, before that happened. I think we might see a

higher price, towards the end of the year... IF that happens.  Wink

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May 06, 2018, 06:39:19 PM
 #7

Last 3 weeks growth has been slow, steady and strong amongst slight price fall now and then. Experts said the price would grow back by end of April and yes it happened. So will bitcoin price hit $20K by August 2018? I am sure yes if this current growth trend remains as it is.

What are your thoughts?

I think a steady growth is a confirmation that the increase is sustainable. This is what the price has shown since last 3 weeks as you have rightly pointed out, having risen from $7,800 . I expect more better run but don't know if it will get to $20,000 by the August.

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May 06, 2018, 06:42:43 PM
 #8

Many people add doubt the price of bitcoin will get back to 10,000$.If this continue, we can expect the price of bitcoin will reach back to 20k$ by the end of August.We know the price of bitcoin will reach new peak in the month of August. We can expect some peak in the price of bitcoin on August. You can hold the bitcoin till this August, to sell at high price.

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May 06, 2018, 06:50:25 PM
 #9

I've previously said that an ambitious, but not unrealistic, goal, is for bitcoin to reach 20k USD again by the end of this year. I think August is too soon, but we'll see.
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May 06, 2018, 07:18:17 PM
 #10

I believe price is a matter that depends on the demand and supply. So it is tough to predict the price of then. Even we did not predict the price fall of the beginning of this year. But the trend is positive and it is reflecting the thing your predicted.
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May 06, 2018, 07:21:05 PM
 #11

I think that it's too early to say something like  that as the uptrend has been going through for only about 2-3 weeks, you can't really say that it's now a completely bull market and it's not a bull trap.
We will need to have a massive hype, just like we had before in order to reach that levels, I think that without any real news there is no chance that we will see this levels but we will surely won't decrease a lot in price.
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May 06, 2018, 07:28:17 PM
 #12

Last 3 weeks growth has been slow, steady and strong amongst slight price fall now and then. Experts said the price would grow back by end of April and yes it happened. So will bitcoin price hit $20K by August 2018? I am sure yes if this current growth trend remains as it is.

What are your thoughts?

Usually the market recovery starts during the Q2 and goes progressively till the end of the year. Of course there will be slight price decrease but usually results to more growth in the market demand. So, the possibility that the bitcoin price to hit $20k is not impossible this year.

 
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Dukjila
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May 06, 2018, 07:31:02 PM
 #13

Last 3 weeks growth has been slow, steady and strong amongst slight price fall now and then. Experts said the price would grow back by end of April and yes it happened. So will bitcoin price hit $20K by August 2018? I am sure yes if this current growth trend remains as it is.

What are your thoughts?

I think that there will be no bitcoins of 20K, because then there were so many bans on crypto currency, various hacking. In 2017, various experts prognasized that bitcoin would be 50K.

In my forecast, a maximum of 15K at the end of the year, when all profits will be fixed.  Smiley

FORECAST: a foresight of what would have happened if it had not happened what happened.
                                                                                                                       British economist Ralph Harris
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May 06, 2018, 08:08:32 PM
 #14

If this uptrend continues, there is no reason not to see bitcoin at $20.000 by august or late 2018. By looking at the current trend $20.000 is very possible in 2018 but we can't know what will happen next month.

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May 06, 2018, 08:15:22 PM
 #15

So will bitcoin price hit $20K by August 2018? I am sure yes if this current growth trend remains as it is.
The growth has been steady and the support levels are strong, but the problem now is, it is finding hard to cross the resistance it is facing at $10k and even today we thought it will cross that valuation but it came down instead, by this trend it is impossible to reach $20k by August.
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May 06, 2018, 08:18:24 PM
 #16

Highly doubt 20K but 15K may be acheivable. It does not trend to any boom any time soon, so it won't rise so fast. But you don't know what you don't know, so we will see.
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May 06, 2018, 08:24:55 PM
 #17

It would be great i suppose, it would allows us to earn more and to became wealthy faster then before the fall.
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May 06, 2018, 09:37:15 PM
 #18

Last 3 weeks growth has been slow, steady and strong amongst slight price fall now and then. Experts said the price would grow back by end of April and yes it happened. So will bitcoin price hit $20K by August 2018? I am sure yes if this current growth trend remains as it is.

What are your thoughts?
That is a very big if, if the trend were to maintain itself it is possible that you are right but if there is something that defines bitcoin is its volatility and unpredictability, so I'm not so sure that we're going to see such a huge price by that time in fact I am not sure that we are going to see that price by the end of this year, and my reasoning is very simple there needs to be a huge hype to reach that price and right now I do not see it.
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May 06, 2018, 10:19:13 PM
 #19

I dont think that we are gonna see another growth like the one that we had on December. Also, the market is not growing fast at the moment (it is at the same place that it was on early jan)
So for me, we all need to wait until it passes $11k at least.

Last 3 weeks growth has been slow, steady and strong amongst slight price fall now and then. Experts said the price would grow back by end of April and yes it happened. So will bitcoin price hit $20K by August 2018? I am sure yes if this current growth trend remains as it is.

What are your thoughts?
That is a very big if, if the trend were to maintain itself it is possible that you are right but if there is something that defines bitcoin is its volatility and unpredictability, so I'm not so sure that we're going to see such a huge price by that time in fact I am not sure that we are going to see that price by the end of this year, and my reasoning is very simple there needs to be a huge hype to reach that price and right now I do not see it.
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May 06, 2018, 10:27:55 PM
 #20

I hope it will reach the 20k in August as everyone is waiting for it unless people don`t dump it in any price drop or FUD, so it is depended more in investors and holders I guess.
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