When Will Bitcoin Be Back To $20,000 ?

[BaraxLo]

i don't think we'll see this prize this year. many people are afraid to invest in crypto now. there is too much scam and many people are afraid of it and prefer to bring the money back to the bank or buy gold or shares.

Yes its look like difficult because bitcoin price is currently trading too low, but still it is not impossible. Because the nature of bitcoin is a little different, its price can increase hundred of dollar in a single day, while still half a year still to go, i think that it is very much possible that even in 2018 the bitcoin price will once again reach to 20000$ in 2018.

The market today showed a little improvement as the value dropped to the lowest state yesterday 5.8k dollar and improved a little to 6.2k dollar today. This is a little improvement and we do not need high jumps but even the constant or regular increase will lead us to a favorable market soon. So I hope that the market recovers soon and this will be good decision to collect a lot of Bitcoins from this market.

[cramcram21]

I think it would really take a long time  before we got back at that price ,
We don't really know when it could hit that high again because of the current price but maybe a good event could really turn the price up.

[YinShuiSiYuan]

I really doubt that we are going to see those numbers during this year, the market is more than downside at the moment and that would be a  complete miracle

It seems you might be right here because the whole market is down and it really seems a bad time right now.

I must agree that we will not see a rise to 20k$ soon. The market is in very bad condition and soon you will have to expect further declines than increases. Now there is no good business climate for attracting new investors which would positively affect the price.

[JollyGood]

I really doubt that we are going to see those numbers during this year, the market is more than downside at the moment and that would be a  complete miracle

Yes the market is going down, let us hope for miracles nbecause the market needs a boost

[Lecam]

Well no one knows when would it be back to $20,000.
We all thought that this year would be great a steady growth for crypto currencies but right now it is really the opposite way of it.
I hope that it would start to recover and be back to 5 digit again soon .

[JollyGood]

I always believe that the future and bitcoin prices will continue to improve and could reach $ 20,000, this is because usually the price will continue to rise when the end of the year and usually begins in September.

With September being so close now I hope you are right because the market needs a boost. The prices have fallen too much sadly.

[daturit]

ou cannot really tell or predict what's gonna be the price of bitcoin, it's unpredictable since it has volatility attached to it. Mr. John McAfee always keep predicting and always hyping the price of bitcoin but it turns out not to be as he was predicting this year. So it is best just let the investors and holders dictates the price what should it be.

[JollyGood]

if there is a good movement in August, it can force 20k towards the end of the year. but for the moment it does not seem possible. After a few months, I think we might have an idea.

Sadly not much chance of that happening in August just look at the market at the moment

[Farma]

if there is a good movement in August, it can force 20k towards the end of the year. but for the moment it does not seem possible. After a few months, I think we might have an idea.

Sadly not much chance of that happening in August just look at the market at the moment

Well, for the month of June, I do not think there's any sign of a bitcoin increase. well, hopefully the month of July, or August the price increase bitcoin to the price of cryptocurrency back to normal. well, I'm sure the bitcoin price could reach $ 20k.

[NoviceInvestor]

There are quite a few people expecting the market to boom at the end of the year, as it has done in the past.

If the boom happens, then $20,000 is possible. But, it's also possible that the peak would be less than $20,000. Quite a lot of people are buying now, and for those people, even $10,000 or so would be a sizeable profit. They may well decide to exit earlier than the previous peak in order to safely take profits before an expected crash.

Because of the number of people expecting a boom later in the year, if there isn't such a boom, then I expect a bloodbath in the new year.

[napi]

of course, bitcoin prices can go back to $ 20k again when good news can trigger a bitcoin price increase, if bitcoin does not have good news then bitcoin prices will be hard to recover at $ 20k again.

[JollyGood]

Make sure you will meet incredible rises in a very short time. Now he will make another correction and start to rise. Current volume increases indicate a bomb ready to explode.

From what it seems to me the current volume increase mean nothing to indicate the price will go sky high any time soon.

Bitcoin has the potential to achieve any target and it has achieved many targets on different stages. Last year the price reached at around 20k dollar and this time is not impossible as we know that the Bitcoin has potential and strength and will definitely reach at the highest possible place this year. The controlling factor is the demand factor of people and if the rate increases then the value will also approach to the target.

I completely agree with you. The demand in the market will be the deciding factor as to what happens to the price but that is the case with all crypto (and all forms of commerce including the FIAT world).

[perfect999]

I do not think anyone will know for sure that bitcoin will return to 20k again. but many people are optimistic that it will happen again this year. I think that the factor that can contribute to realizing price rises is the number of requests. I think, if the number of requests is greater than the amount of supply or supply. then I think the market price will go back up again. as well as the price of basic needs that exist in traditional markets, the more people who need and want to buy, then the amount of supply is only slightly. then the price of these basic necessities will surely rise. so does the cryptocurrency market.

It can happen anytime soon and we may stand on a good position and in favorable situations. All these are guaranteeing by the demand rate which is responsible for the price controlling and this is up to us if we demand for it then the rate will improve. After this increase in demand rate the value will get active after which if it gains momentum then we will be in the position for which we are waiting.

[JollyGood]

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 think by the end of 2018 the price bitcoin will reach $ 15,000 - $ 18,000 and for $ 20,000 will be achieved in 2019.

Very optimistic figures from you. I hope you are right but I am less positive than before because the crypto market has fallen so much and all coins have lost value.

[The Cryptologist]

We always have a bigger chance of a bull run on the last quarter of a year so we can still see this happen. I'm assuming that maybe it will start on October and November or at least our last hope which is December where all the money are spreading around and just waiting to be used.

[slocker]

Something big is needed for price to be near 20k not to say go over it. This year and maybe next will be gathering for next halving (looked some older year and this may be the same path). With this on mind think it could be that not before 2020 we will see some major recovery in price for bitcoin, and on this I mean that price will be on 5 digits.

[JollyGood]

I really doubt that we are going to see those numbers during this year, the market is more than downside at the moment and that would be a  complete miracle

I agree. It has to be a miracle to achieve anywhere near $20,000 this year. The market has dropped badly...

[kenziefried]

I can only answer "yes it will happen" but for the time of achievement that is unpredictable, because bitcoin prices are unstable. And if you have a bitcoin target at a price of 20k, then you have to be patient.

Yes with the current market dropping so much if expectations are to achieve $20,000 then patience is vital.

We can not say anything about the future price and almost all the predictions are with uncertain value so there is no accurate prediction. The Bitcoin has a lot of potential and strength and can come back to its previous place; it can come back to the highest possible place which it left last year. The Bitcoin can achieve any highest possible target more than 20k dollar if the demand rate improves.

[JollyGood]

I would probably expect great with bitcoin this July towards December as it pump a good price due to more investors will be buying and holding bitcoins. That $20K expectations might be so early if we see it at July and August, but still hope it to go further until December we'll be able to see the bull run. Just be positive and keep your trust in bitcoin.

Just like you we trust in Bitcoin too but the $20,000 mark looks a long way off right now because the price is too low across the whole crypto market.

[mindfly09]

In my opinion, we don't have any idea if when will bitcoin be back to that price. But i think its gonna happen after a year. We need to do is wait for it and always hope, and we can expect it soon. Right now while its still low just invest and keep it until the price will reaches $20,000.