When Will Bitcoin Be Back To $20,000 ?

[JollyGood]

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.

Please explain why you think halving will be an important factor in affecting the price.

[1714731474]

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[1714731474]

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[pinggoki]

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?

Honestly, it really vague to speculate when bitcoin will hit the $20,000 value but I am pretty certain that it will hit the given value or maybe even more. There's no doubt that bitcoin will hit the moon but the problem is when. Anytime, it can happen, may be the end of the year or next year hence, we should buy all the bitcoin we could so that when the time comes it will be a success for us. Don't rely on speculation since it is just an uncertain guess that gives inspiration.

[man22555]

My prediction is that BTC will hit the 20000$ mark by december. The chart is still looking great since january, so if any positive news comes out, i'm sure Bitcoin will rise to a new all time high!

[WatchMaker]

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 the bitcoin price will reach $20,000 before January 2020 because of the U.S elections.
The U.S election has a strong influence on bitcoin prices more than what people think.
Brexit and U.S vs. China's trade war will contribute to the growth of bitcoin prices.  

[bitbunnny]

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 the bitcoin price will reach $20,000 before January 2020 because of the U.S elections.
The U.S election has a strong influence on bitcoin prices more than what people think.
Brexit and U.S vs. China's trade war will contribute to the growth of bitcoin prices.  

Very interesting view. How on Earth did you come to the conclusion that US election will influence the Bitcoin price and push it to 20k? For me this is empty speculation without any solid ground and doesn't have much connection with reality.
I don't think Bitcoin will reach 20k so soon, at least not this year. For that we would need continuous high growth or sudden price explosion and to my opinion neither of these is very possible

[Leon83]

Last time it took about 3 years to reach the previous All Time High. November 2013 to january 2017 (around $1150). Going to be interesting to see how long it will take this time.

[JollyGood]

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.

I cannot see it being around $10,000 in mid-2020, I certainly hope you are wrong. By the middle of next year we would be hoping for a $10,000+ price as recovery from the recent falls should be recovered hopefully.

[LUCKMCFLY]

It is very difficult to predict, but it is likely that by 2020 it will happen, as a series of events will be launched, some projects, stablecoins, all this will undoubtedly lead to a substantial increase in interest in Bitcoin, perhaps this sense of emotion is what I can do Rise the price. Another alternative is that in December of this 2019 it may rise a bit, because the volume that is handled in the DeepWeb increases.

The adoption of Bitcoin, the low correlation that it has with traditional actions of the Stock Market, helps to increase the value, in addition we cannot ignore the effect that Libra has, if they can actually launch it, it will benefit Bitcoin, it is very large business that will be unleashed in this respect, just like China when it launches its cryptocurrency that is the clone of Libra, all this causes it to cause strong emotions in people, and it helps that the price increases.

[iamsange]

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.

I cannot see it being around $10,000 in mid-2020, I certainly hope you are wrong. By the middle of next year we would be hoping for a $10,000+ price as recovery from the recent falls should be recovered hopefully.

I think because of halving, Q1 of 2020 we can see price at $10000 don't need to wait for mid 2020 because accumulate phase might be happen. That time maybe can be moment for people to take advantage to buy in cheaper price.

[jaocoincrypto18]

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?

Maybe next year as it is impossible to reach that figure by this year now specially that there is a survey that people interest to join Bitcoin market is now diminishing due to bearish market which is still in effect. The big whales manipulation will be the only factor that i could see that will make Bitcoin ATH again because ETF approval which is for me is also a factor because it could attract billions of investments but it seems like chances of SEC approval to it is fading.

[gandame]

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 no estimated date or year because bitcoin from 20,000$ big dump to the price now. So maybe we will wait that time again for big bubbles come. But the problem no one can know when that time so we better to wait and wait for the right time.

[Meowth05]

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?

Well it is hard to figure it out when bitcoin will come back again but bitcoin seems making a move. It is to vague to predict when it will occur so I guess it is better if we monitor the market day by day. Regards with factors, I think we cannot able to determine what will contibute in order to make it happen. Bitcoin and whole cypto is unpredictable indeed and out technical analysis wouldn't be effective that much.

[Pearls Before Swine]

I think it will blow way past $20 000 this year still

Yeah, looks like you were wrong about that although you wrote your post a few months ago and there was still ample time for it to happen.  Now there's *probably* not enough time unless bitcoin sees an amazing bull run.

My best guess, and it's only a guess, is that bitcoin will hit $20,000 at some point next year.  I know that isn't much of a prediction, but my view is that its going to take some time for buyers to get back in the market and start driving up the price, and that might take an entire year.  Remember, bitcoin has to more than double.  It has done just that in short periods of time before, but right now there is no indication that its in a bull trend...at all.  It could waffle around $8300 for months before establishing a trend.

[aysg76]

My prediction is that BTC will hit the 20000$ mark by december. The chart is still looking great since january, so if any positive news comes out, i'm sure Bitcoin will rise to a new all time high!

Well, in my opinion, there's still way more for BTC to reach that mark and I don't think that would happen this year. Most probably I think we can expect 10K$ by the end of this year but for 20K$ I think we have to wait for long. But the crypto market is quite unpredictable and we can't really predict where the prices would go. However, all we can do is just hope for the best...

[djselery]

It will take a long time until Bitcoin reaches $20k again. The whole crypto market is actually down, and the actual BTC price is around $8k, and it is recovering slowly. Maybe we still need to wait for a few years, until the market stabilizes again and the prices will start to go up then highly.
Now, it is the best time to buy BTC and hold it for the long term, because its price will increase soon surely.

[Edraket31]

It will take a long time until Bitcoin reaches $20k again. The whole crypto market is actually down, and the actual BTC price is around $8k, and it is recovering slowly. Maybe we still need to wait for a few years, until the market stabilizes again and the prices will start to go up then highly.
Now, it is the best time to buy BTC and hold it for the long term, because its price will increase soon surely.

Yes, it takes time, although this is all what we are aiming and wishing for Bitcoin to come back at $20k, if this happen this year then, I will be one of those who will regret as I already sold my Bitcoin and just holding a bit, but, still planning to buy more when I do have extra cash again. Market is really good right now, I think $10k is possible for this year.