When Will Bitcoin Be Back To $20,000 ?

[maxamus]

Some experts still believe bitcoin will reach 20k this year. I am more skeptical and I do not see this possibility happening this year, but maybe next year if the market helps

We cannot gurantee that Bitcoin will reach $20,000 because the market value of bitcoin is increasing very slowly and with previous and current analysis of market value bitcoin will take some more time to get back and reach $20,000...

[JollyGood]

We cannot gurantee that Bitcoin will reach $20,000 because the market value of bitcoin is increasing very slowly and with previous and current analysis of market value bitcoin will take some more time to get back and reach $20,000...

Yes with the market being so uncertain it is too difficult to have an idea of when that $20,000 mark might be reached but I hope it happens soon.

[Xenoph0bia]

We cannot gurantee that Bitcoin will reach $20,000 because the market value of bitcoin is increasing very slowly and with previous and current analysis of market value bitcoin will take some more time to get back and reach $20,000...

Yes with the market being so uncertain it is too difficult to have an idea of when that $20,000 mark might be reached but I hope it happens soon.

Reaching upto $20,000 mark will require a lot of time because Bitcoin is not in a state right now.The demand of Bitcoin is at its bottom and so is the price.The investors are suffering from great losses due to the fall in price and they are removing their money from Bitcoin.The market of Bitcoin is also shrinking due to this factor only. Some countries have also banned Bitcoin due to its volatility and decentralized nature.Bitcoin is also risky as it can easily get hacked.Bitcoin has the potential to create records though.

[RodeoX]

No one knows IF we will go back to $20k, much less when. Stop asking questions that are obviously unknowable. 

[Himanshu111]

We cannot gurantee that Bitcoin will reach $20,000 because the market value of bitcoin is increasing very slowly and with previous and current analysis of market value bitcoin will take some more time to get back and reach $20,000...

Yes with the market being so uncertain it is too difficult to have an idea of when that $20,000 mark might be reached but I hope it happens soon.

Reaching upto $20,000 mark will require a lot of time because Bitcoin is not in a state right now.The demand of Bitcoin is at its bottom and so is the price.The investors are suffering from great losses due to the fall in price and they are removing their money from Bitcoin.The market of Bitcoin is also shrinking due to this factor only. Some countries have also banned Bitcoin due to its volatility and decentralized nature.Bitcoin is also risky as it can easily get hacked.Bitcoin has the potential to create records though.

Yes Bitcoin has all the potential and capability to reach the $20,000 mark but this will take time as the demand and price both are down from a very long time and it is unable to recover.People are selling their Bitcoins at low prices because of the downfall of the price of Bitcoin.Investors are suffering from losses and therefore there pulling their money back from Bitcoin.But Bitcoin will definitely grow in the coming future and as you can see the prices are also rising slowly.

[Skyshark]

If we were to compare bitcoins price last September 2017 [$5000] to today [$6,430.97], i think there is a possibility that bitcoin may hit a tremendously $20,000 before this year ends. After some time bitcoin will surely bounce back merely because the crypto market will respond positively to all favorable news from Switzerland, Japan, South Korea. This kind of news is what attracts investors to get going.

[arthotdog]

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 are still healing the damage of the bubble from the December 2017 this is why market still bleeding now,and making it so hard to even take atleast 20% growth

What would be the factor that can contribute to make this happen?Well it must be the small investors like us,who will invest our trust and faith to this top coin so when the volume of buying get high again then we may attract another investors

[Affilate User]

the price of bitcoin seems very difficult to be able to return to the price of $ 20k again because currently the price of bitcoin falls and the price is very cheap so it will be very difficult to be able to return to that expensive price.

[Nilanjan_Fdo]

I think it'll go above 20K at the end of this year.

[JollyGood]

I think it'll go above 20K at the end of this year.

 

I hope you are right. Things look very tricky for the whole of crypto right now...

[BlackSociety]

I think this is a very difficult thing, why? Because there are a lot of new "pumps" now, these new "pumps" let Bitcoin lose money and investors!

[mornabo]

I do not think anyone can tell when bitcoins can get back to the $ 20k price again but I realize that bitcoin still needs good news that could trigger a bitcoin price increase to get it back to $ 20k again.

Thats right, positive news will be needed so that investors have the confidence to buy bitcoin again, because currently the market situation is really not good where investor are not too sure with the price will rise, so there is no confidence in the market, need a shock news to make demand push up

[nvdihankuke]

I don't think Bitcoin's price is manipulate, so there is no such thing as predicting and the factor that making Bitcoin rise to $20,000 as early as possible.

[COPARTT23]

The price increase to 20 000 will not be very simple, a lot of the asset was bought at a price above 10 000, and once we cross this bar, investors who have waited almost a year to enter the game

[JollyGood]

I think this is a very difficult thing, why? Because there are a lot of new "pumps" now, these new "pumps" let Bitcoin lose money and investors!

According to what you wrote the logic is eventually the price has to rise as pumps come along right?

[JollyGood]

Well seems likely it will not happen in December 2018 because the market is in a bad way and we at 19th October 2018 already

[Mobius]

I think in the later half of 2019, we'll start to see a refreshed bull run

[Pattart]

Well seems likely it will not happen in December 2018 because the market is in a bad way and we at 19th October 2018 already

it seems like that, because November will arrive but there have been no significant price changes and no surprising things and
news that can make demand rise high, maybe we have to be patient longer, that this year there will be no high pump..

[Buttermellow]

Let us stop speculating things to happen with bitcoin. In my own opinion, one should not expect too much with bitcoin bull run for it could not help instead it could get one to be depress. With the current situation for bitcoin I should forget for now that I have a small scale investment with it and will just check later on maybe in the month of December 2018.

[JollyGood]

I think in the later half of 2019, we'll start to see a refreshed bull run

That seems feasible over an end of 2018 scenario. I hope it happens to reinvigorate the market again.