When Will Bitcoin Be Back To $20,000 ?

Quote from: Jansaa on June 12, 2018, 02:26:35 PM

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!

Why 5 years? Surely that is far too long for the market to correct itself, no?

If other investors thought it would take a minimum of 5 years then they would not invest.

Quote from: JollyGood on June 11, 2018, 07:43:21 PM

When do you think Bitcoin will go back to the $20,000 mark and what factors do you think could contribute to making it happen sooner rather than later?

We don't know, and actually I am reaching the point that I been getting dormant to work since scams, dump and delayed payments is facing everyone but this is a huge risk we have to endure this as we had to prove to ourselves that we have to work for more. I think the price will recover when the ber months is going to occur and I think we should be all ready for that since its very possible to happened soon.

First it needs to reach 10k again..I think that point could bring changes to the BTC. After that the motivation of BTC trade would be back.

We can hope for the best but we should do things that will save us from the fall occuring continuously. Bitcoin can still get back but no one is really sure when so we should just keep on supporting it no matter what happens.

Quote from: terlesbogli on June 12, 2018, 04:27:34 PM

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.

I disagree, with so many fluctuations in Bitcoin price and general crypto market there is nothing stopping Bitcoin hitting $50,000 next month and nothing stopping Bitcoin falling to $200 next month.

5 years is too far down the line to know what will happen.

Quote from: JollyGood on June 11, 2018, 07:43:21 PM

When do you think Bitcoin will go back to the $20,000 mark and what factors do you think could contribute to making it happen sooner rather than later?

I suppose that we need big news promotion concerning criptocurrency. Critpocurrency is very affected by news. So whales will pump up market with good news trend

Quote from: detector on June 12, 2018, 04:34:48 PM

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 !

If you made up your mind to hold until 2020 then the price fluctuations do not affect your thinking. Many people are not prepared to hold on until then and will sell when the market dictates appropriate terms for them.

it seems that in the long term it can be December of this year or January 2019 what could make it rise like foam is a global financial crisis that would trigger prices to a higher level bitcoin has to recover from this fall so abruptly there are many people buying in the low where more is gained for when it goes up it is going to generate a good return of the investment

Bitcoin will return $ 20,000 or more, but it takes time. Bitcoin has risen to $ 1,400 and dropped to about $ 220. So it's likely that bitcoin will be back to the 1.5 x $ 20,000 price.

Quote from: LarryX5 on June 12, 2018, 04:53:02 PM

I rely on Bitcoin potential in the next five years it can be a lot higher than 20K. But in the current stage it's like a carousel.
Who knows but I think at the end of year price will increase like always.

A carousel is a great analogy because it seems to be a lucky merry-go-round right now when it comes to picking a time to buy Bitcoin and then hope to sell Bitcoin to make a profit

Quote from: JollyGood on June 11, 2018, 07:43:21 PM

BTC is USD predictions for July 2021.
In the beginning price at 29903 Dollars. Maximum price $ 36781, minimum price $ 29903. The average for the month $ 32741. Bitcoin price forecast for the end of the month $ 34375, change for July 15.0%

How do you predict this price and what is the technical basis? I would love to know what your process of forecasting this price is？ I think Bitcoin cannot return to that price of 2017 end within 2 years.

This shows that Bitcoin will surely hit back on the $20K price and beyond and can even do so by the end of this year. Most of the projections and predictions of Bitcoin from crypto experts exceeds the $20K price mark, thus by 2020. Also, if big companies accepts Bitcoin as medium of exchange, Bitcoin will rise sooner than we anticipate.

We can not guess when will bitcoin have returned to $20,000 again since digital money is flighty. There have been numerous high points and low points in the estimation of bitcoin. We should HODL and don't dump extraordinarily now that bitcoin's esteem is down. For whatever length of time that there are individuals who include and put resources into cryptocurrency,bitcoin will dependably run and will continue developing.

Nobody can guess if the bitcoin price will be back at $20,000. But still hoping after the end of the year, all crypto currency price will be all recover.

Quote from: leviathon on June 12, 2018, 05:48:23 PM

I think with the recent trend reversal no one can say for sure when we can expect the bitcoin price to reach it's Ath again. But if by the year end we don't break this down trend than expect us to enter into a multi year bear phase. Lightning network being adopted at a faster speed might help in the Bitcoin price breaking out of this bear cycle.

It seems to be a yo-yo effect, like a merry-go-round as mentioned in my previous post. We need stability before anything else and after that the price will hopefully rise soon.

Quote from: JollyGood on June 11, 2018, 07:43:21 PM

When do you think Bitcoin will go back to the $20,000 mark and what factors do you think could contribute to making it happen sooner rather than later?

If we measure from the price peaks ,

~Nov 2013 to ~Dec 2017

So we are looking at 3½ to 4 years before the next Bull run.

Price should drop to ~$3777 and languish there for 3 years. Tongue

Quote from: eashikde on June 12, 2018, 05:58:55 PM

Personally, my opinion is that this mark will not rise again. This is associated with many factors, but in most, its price is inflated and very much. Now the market falls heavily to the fact that each coin begins to acquire its actual price. Therefore bitcoin does not rise so much, I think, and investing in it will become less.

So if in your opinion it will not achieve $20,000 again, what will be the maximum price reached within 3, 6, 9 and 12 months?

i think btc can reach 20k usd again but it is not happen in this year,maybe this year is boring year of crypto,i hope next year rypto market wil grow up again

I think for the near future it is a bit difficult to raise the price of bitcoin back. the only factor that can definitely dominate is the issue

Quote from: ruslan4040 on June 11, 2018, 10:03:10 PM

I do not think that it will happen anytime soon, we still need to cross the $10k barrier and that is not something easy to do, specially with this kind of market

Yes, but we know that cryptocurrency is unpredictable, look at the history of vitcoin price last year, maybe it can be more than $20,000 this year.