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Author Topic: When Will Bitcoin Be Back To $20,000 ?  (Read 17833 times)
royalfestus
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March 31, 2019, 04:06:33 PM
 #661

I dont think anyone will want to put himself up for such time prediction seeing the trend from 2018. It was so frustrating but the end of this could give idea of where we could be going. This sideway movement was predicted for a longer period, between $4k-$6k probably throughout this year. A significant development to follow will be the halving by 2020 May.
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March 31, 2019, 04:55:23 PM
 #662

I think the market will continue with the same trend between 4K-6K during the year. Probably in 2019 Q4 the market will see a rise to 6K. Then slowly it will recover more to 10K at mid 2020 when the halving happens.

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April 05, 2019, 09:20:12 AM
 #663

This sideway movement was predicted for a longer period, between $4k-$6k probably throughout this year. A significant development to follow will be the halving by 2020 May.

Price range for next halving is something like that, maybe with some spikes but that wont change much nothing until next halving comes. Maybe searching for some alt that could bring balance to the crypto force.
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April 05, 2019, 09:26:14 AM
 #664

I think the market will continue with the same trend between 4K-6K during the year. Probably in 2019 Q4 the market will see a rise to 6K. Then slowly it will recover more to 10K at mid 2020 when the halving happens.
if the positive bitcoin price continues to increase every month, maybe this year could be like 2017. well, I think mid-2017 also has sharply increased bitcoin prices until the end of the year. if that happens again, I think this year the price of bitcoin can be above the price of $ 10k, or close to $ 20k.

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April 05, 2019, 10:15:41 AM
 #665

The market of bitcoin as well other cryptocurrencies look like an initial phase of growth which is focused on the halving that is scheduled to be around the mid days of 2020. The positive mind expecting good growth to happen in the world through cryptocurrency is being getting reality. Probably can happen by the days close to the days of halving.

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April 05, 2019, 10:40:26 AM
 #666

I think the market will continue with the same trend between 4K-6K during the year. Probably in 2019 Q4 the market will see a rise to 6K. Then slowly it will recover more to 10K at mid 2020 when the halving happens.
if the positive bitcoin price continues to increase every month, maybe this year could be like 2017. well, I think mid-2017 also has sharply increased bitcoin prices until the end of the year. if that happens again, I think this year the price of bitcoin can be above the price of $ 10k, or close to $ 20k.
I think the price of bitcoin may rise again to $ 20,000 in 2020 after a few hot days. The market cannot recover too strongly in a short time so 2019 is unlikely, the halving happens are an important factor for a complete recovery.
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April 05, 2019, 10:45:47 AM
 #667

I dont think anyone will want to put himself up for such time prediction seeing the trend from 2018. It was so frustrating but the end of this could give idea of where we could be going. This sideway movement was predicted for a longer period, between $4k-$6k probably throughout this year. A significant development to follow will be the halving by 2020 May.


It has been stable at $3,000+ for a long time, its having spikes hitting $5,000 recently before levelling out but you have a point when you say it might be between $4k-$6k throughout this year. We need stability in the crypto community.

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April 05, 2019, 11:29:17 AM
 #668

We have hardley reached 5000$ and the price is still fluctuating and there is absolutely no guarantee that the price will keep that trend but people keep asking when the price will reach 20000$ again. You need more patience and understanding how the market is behaving. So far it's still hard to tell if the price will continue to grow and how fast will that be. Use the current opportunity you have for trading and don't look too far distant in the future.

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August 02, 2019, 12:52:31 PM
 #669

It's hard to make such prediction to get right, we shouldn't worry too much just HODL and it will worth a wait just spare your time doing something and don't look at the chart one day you will be surprise by the results.
True, because the price is changing and we cannot know if what will be the price on the next days. So we cannot predict it yet, but i believe that this coming end year it will back to $20,000, because now the price is increase again.
people are so optimistic at the moment. after the bitcoin price increase from $ 5,000 to $ 10,000, of course people will be optimistic and feel that the price of $ 20,000 is so close. but I agree that it is very difficult to speculate at this time, because it can be seen at the end of the year. however, I am still very optimistic that the price will approach the price of $ 20,000 at that time.
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August 02, 2019, 07:45:49 PM
 #670

Why should it?
What have you done to cause a rise in valuation? Things happen for reason, a cause. They don't happen because we want it.

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August 02, 2019, 09:42:14 PM
 #671

I think the market will continue with the same trend between 4K-6K during the year. Probably in 2019 Q4 the market will see a rise to 6K. Then slowly it will recover more to 10K at mid 2020 when the halving happens.


What makes you say that? It is already at $10,000 so why do you think it will be $10,000 during mid-2020? Please explain.

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August 08, 2019, 12:49:34 PM
 #672

When do you think Bitcoin will go back to the $20,000 mark
It is noticed that  the prices are moving too fast and during the last 72 hours, bitcoin hit 11.8k$ from 9.6k$. Its difficult to say but expected that Bitcoin will go back to the 20k$ mark At the end of 2020.
Quote
and what factors do you think could contribute to making it happen sooner rather than later?
If ETF(google it to know more) get approved for bitcoin,  then bitcoin will be more polupar & trusted than now. This is the reason that could contribute to making it happen sooner rather than later, i do think so

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August 24, 2019, 10:54:11 PM
 #673

This sideway movement was predicted for a longer period, between $4k-$6k probably throughout this year. A significant development to follow will be the halving by 2020 May.

Price range for next halving is something like that, maybe with some spikes but that wont change much nothing until next halving comes. Maybe searching for some alt that could bring balance to the crypto force.


Not all analysts and forecasters look at halving as a factor though I admit it does makes good reading  Grin


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August 24, 2019, 11:01:58 PM
 #674

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?

It may be very soon, the factors are essential one in general, the application of the BAKKT, This makes investors who buy massively bitcoin, regardless of the price, because what they would like is to have bitcoin to accumulate.
As for this September 23 will happen, this movement is likely to occur, and although $ 20k is the ceiling in the Bitcoin box, you can get there and test how the offer is, according to that it can oscillate, we currently have an average value , with some volume, almost that important movements have been little present and bitcoin movements have been for many bots. Anyway, it is necessary that those who can acquire bitcoin is what is most recommended, based that we are starting the bullish trend stage.

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August 25, 2019, 02:39:29 AM
 #675

What makes you say that? It is already at $10,000 so why do you think it will be $10,000 during mid-2020? Please explain.

This quote kinda explains it imo, peoples sentiment does not match the market momentum exactly.   We cant wish the price higher, there are various factors in play between the balance of supply and demand

Quote
people are so optimistic at the moment. after the bitcoin price increase from $ 5,000 to $ 10,000,

So people see the rise, its double even which is a big rise for quite a small time in anyones book.    So we have a kind of confirmation bias setup, it already happened so why wouldnt it just keep happening and double again.
     That reasoning does make sense in a way but we are also on a gradient with a higher price, its fairly likely we do have a greater supply from those willing to sell and to some extent some who fear a fall so begin to sell no matter what.   It can always happen, theres a turning point.   The market has a momentum to it like newtons cradle I guess, we transmit various energy and capital through the market and the effect propagates then reacts, we will have selling in reaction to higher prices.

Its really hard to judge and to me very interesting to see a real live free market, though we have strong bias from FIAT currencies of course and so on.   My guess for 20k is not this year, it could be we take until 2021 or more and theres no negative in development that takes time because it will be a stronger price at that time I'm pretty sure.

https://www.investopedia.com/terms/c/confirmation-bias.asp

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August 25, 2019, 05:04:54 AM
 #676

I think that the opportunity for the price of bitcoin to reach $ 20,000 is in 2020. That is a very logical thought, moreover, so many crypto developments occurred that year. despite the many predictions that the price of bitcoin will go down, and some other FUD news, I still strongly believe in the potential for 2020.

in this development, it is not certain, many assume that if the price recovers, it can be achieved in the near future. in addition, other crypto developments such as libra might help increase the popularity of crypto, especially bitcoin which makes prices rise. we can see that in 2020.
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August 25, 2019, 10:08:01 AM
 #677

if the positive bitcoin price continues to increase every month, maybe this year could be like 2017. well, I think mid-2017 also has sharply increased bitcoin prices until the end of the year. if that happens again, I think this year the price of bitcoin can be above the price of $ 10k, or close to $ 20k.


Well thankfully it is floating around the $10,000 mark but we still have just over 4 months before the end of teh year. Do you see a strong end to the year for Bitcoin?

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August 25, 2019, 03:36:35 PM
 #678

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?
Since this is speculation section there’s nothing wrong to give my opinion.

And mine is in 2020 May just after the Halving or even Before as many people are looking from that time to check if it’s good time to re invest or not.
So basically after a year from now or less.but never expect too much because there’s a failure if does.









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August 27, 2019, 07:26:19 PM
 #679

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?
Definitely it will.be back in or after 2020 and for those who are ready for the halving may be fortunate to see the long awaited price of Bitcoin and a bull run for the Altcoins. Personally am ensuring that am ready for the Bitcoin halving to make huge guans and , to see my life trade improve. Also, we should take note that, the halving price can come before the halving or after the halving.

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August 27, 2019, 10:18:14 PM
 #680

The market of bitcoin as well other cryptocurrencies look like an initial phase of growth which is focused on the halving that is scheduled to be around the mid days of 2020. The positive mind expecting good growth to happen in the world through cryptocurrency is being getting reality. Probably can happen by the days close to the days of halving.


Why do you think halving will be a main factor in the price increase?

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