When Will Bitcoin Be Back To $20,000 ?

[FlightyPouch]

Next time! about 5 years or more! I think the price of Bitcoin up to $ 20,000 is also very scarce! But I trust the digital money market will grow back!
I think, this time is very good to be able to plan investment altcoin!

5 years is a long time for a digital currency that quickly changes it's price. Bitcoin is the digital currency that has the most user and investor, that also means it's volatility is higher than the others. It may reach $20K in a week without a problem as long as there are a lot of billionaire investors invested on Bitcoin. Bitcoin is unpredictable and it will really shock you if something great happens.

[gelliiknya]

No one can tell this exactly but based on performance this year, it may happen till year end. You can invest in alt coins for short term profit.

[Daniel91]

Bitcoin price depends on supply and demand.
Recently, we had many bad news about bitcoin, from the media or other official sources and people became scared and started to sell.
It's difficult to predict when such trend will change but I believe that soon btc price will start to go up again.
In the long term, we will be all in profit here.

[Dr.Nina]

We all are eagerly waiting for that time when the price of bitcoin will reaches twenty thousand USD. Though this is very interesting question, the answer of this question is very difficult to me. I think to reaches 20K it needs to fulfill some criteria. All of we know it is the master currency and I think all currency moves depending upon bitcoin. So, to reaches 20K the platform needs more institutional investor. If more institutional investor comes then the general people will encourage to invest it. Then the demand of bitcoin will increase. As the supply of bitcoin is very limited then the price of bitcoin reaches 20K very quickly.

[mylove01]

I think bitcoin can rise back to $20000 when less people invest in it and a lot of people are willing to buy it

[BitProCoin]

Just wait before this end of the year 2018, much better if you buy now and hodl. Waiting for the month of december, you will see the big difference, and you will be successful with bitcoin investment.

[KesoNie]

Bitcoin price depends on supply and demand.
Recently, we had many bad news about bitcoin, from the media or other official sources and people became scared and started to sell.
It's difficult to predict when such trend will change but I believe that soon btc price will start to go up again.
In the long term, we will be all in profit here.

Exactly the bitcoin value was all dependent upon the number of demand and supply and even the exact time to come if the value would reach again of $20,000 is also unknown due to being unstable of the cryptocurrencies. We couldn't tell exactly when it would gonna happen that the bitcoin will become like this value again.

[89Tania]

 bitcoin can rise back to $20000 when people invest in it without any confusion and a huge amount of people fell interested to buy it

[feinter]

Bitcoin price depends on supply and demand.
Recently, we had many bad news about bitcoin, from the media or other official sources and people became scared and started to sell.
It's difficult to predict when such trend will change but I believe that soon btc price will start to go up again.
In the long term, we will be all in profit here.

Exactly the bitcoin value was all dependent upon the number of demand and supply and even the exact time to come if the value would reach again of $20,000 is also unknown due to being unstable of the cryptocurrencies. We couldn't tell exactly when it would gonna happen that the bitcoin will become like this value again.

Bitcoin has been in a tailspin since early May and some traders believe the digital currency needs to make significant gains before market participants turn bullish. By some estimates, bitcoin would need to jump 30% to legitimize any rallies from current levels. A move of 20% typically confirms a new bull market.

[JollyGood]

I do not know when bitcoin will reach $ 20000 again, but certainly, bitcoin will reach 20K value again, if all the positive factors that support high bitcoin become perfect. such as spreading and the volume is rising high, no fake news, lots of demand and supplies being few. and many other good factors.

so, now we better contribute well to bitcoin by to spread of bitcoin to the public.

Bitcoin already has a huge user base and newbies add to it all the time. Keeping fake news aside if positive and honest news is always put out there then it will contribute to the price increase.

[JollyGood]

Factors that could drive the price of bitcoin to shoot to 20K would have to largely come from top companies accepting bitcoin or a famous person talking good about bitcoin. Integrity is all we need at this stage. Some people may have of bitcoin and may be waiting to hear some extremely good news from their government or a top political or financial analyst before they invest.

So publicity would contribute to growth? Well I have to agree, if someone famous and popular manages to buy crypto and say a few words about it the interest in Bitcoin and altcoins will go sky high.

[kabelpeggek]

As I expected, that predict the price of bitcoin is stupid! Many analysts advised buying that now right now bitcoin will grow.
And this is only the beginning, the price may drop below 3 thousand dollars!!!!

[kulitmanggis]

bitcoin prices can go back to the price of $ 20k again when bitcoin has good news so it can make bitcoin prices can be very expensive and can trigger a rise in bitcoin prices.

[terlesbogli]

Next time! about 5 years or more! I think the price of Bitcoin up to $ 20,000 is also very scarce! But I trust the digital money market will grow back!
I think, this time is very good to be able to plan investment altcoin!

I don't think Bitcoin will reached 20k dollars after 5 years and i believe that bitcoin will pump again before year ends like the last year scenario, and Bitcoin after 5 YEARS will have a possible price of 50k dollars if ever but we don't know but I assume.

[fulled]

I hope it will reach that price at the end of this year, but for me the most important thing to achieve in near future is a stable price, so many people will buy bitcoin as a investment

[detector]

I can say that $ 20.000 will not happen in this year but I believe it will happen on 2020 because I'm sure bitcoin popularity will reach another momentum to reach more investor.
As I'm hold most of my btc until 2020 , it's not easy way but I dare to take the risk !

[JollyGood]

My point is to spend quite a bit of time on the new bitcoin to get back to the $ 20k mark. Maybe by 2020. It is hard for bitcoin to raise prices again at this time.

Many people think it will get back to sky high prices soon. Why do you believe it will take until 2020 or two years from now?

[mulia tani]

according to the bitcoin price habits will rise by the end of the year, if we look from the bitcoin charts from the year 2013 peak bitcoin rise at the end of the year, so for those of us who want to invest this bitcoin is the right time to fill it

[JollyGood]

When do you think Bitcoin will go back to the $20,000 mark

I'm assuming that it will be back at the end of the year. Just like last year there's a rapid increase to the price at the end 2017.

and what factors do you think could contribute to making it happen sooner rather than later?

Balance of the market and the whales will not allow it to go lower as they have found gem in bitcoin and I guess they had enough cheap bitcoins acquired from the past bearish market.

Thank you batang, you rightly mentioned whales playing their part in any price increase/decrease. I agree with you that Bitcoin might get back to $20,000 before the end of the year.

[fuding12]

Looking at the current price movement, its value is trying to rise again after dropping to $6,500, is there a chance to rise back to $20,000? many countries that intervene on bitcoin makes it difficult to rise again. But, no matter what is the fundamental reason, twice the bitoin value failed to break the resistance at $12,500. When its value will break $12,500, it will likely move to $16,600 or even $20,000 as its nearest resistance. well.. Hopefully this will happen in the near future.