Will Bitcoin ever be 20k again? Why or Why not?

[Kamote_1102]

I personally believe that it will reach that mark again. I just don't know how long are we going to wait before we see that numbers again. and it will rise higher than 20k. but no one can predict when.let's just wait and be patient.

[1714727383]

1714727383

[1714727383]

1714727383

[1714727383]

1714727383

[Qurelal]

Many investors and consultants say that $ 5,700 this year is the bottom and prices will continue to grow. Although in the long run there is every reason for optimism, in the short term, it is worth restraining enthusiasm.

[Finestream]

I personally believe that it will reach that mark again. I just don't know how long are we going to wait before we see that numbers again. and it will rise higher than 20k. but no one can predict when.let's just wait and be patient.

Yes.I believe so.It's just a matter of time.It may even reach higher than $20k.But as of now,the price is not so high,not so low.So i still have high hopes that bitcoin price may somehow reach another heights,we just need to be more patient to wait for the right time.

[Champion Coin]

I believe education plays a key role in whether or not btc will see another bull run like the one in 2017. Many people just don't understand the technology behind what makes btc so revolutionary. I also believe that a US economic collapse could help thrust btc up to new highs.

However, anything is possible.

[SportbetMaster]

certainly, it will not be today or tomorrow but it's only a matter of time. no one can deny that bitcoin is currently the best world wide paiment method and it will eventually be adopted by the vast majority of the world population and in this case we should be prepared to see big numbers than that and 21M are not enough for all world.

[Dexion]

yes, bitcoin is created to always rise and increase better, we see bitcoin charts every year, and in fact, bitcoin always rises.

although bitcoin dropped drastically, from 20k to 6k, but, the value of 6k was higher than the previous value. and this is amazing.

[francedeni]

In this market price is very possible as we all know we cannot predicted when it would take place. We do not know until when we are about to wait for the market to rise. I still believe bitcoin market will just to pump it’s value in time.

[Pinkris128]

BTC will definitely break through the $20,000 mark again!
The blockchain boom is swept the world, and people will soon realize the importance of cryptocurrencies! Bitcoin has a huge chance!

How sure you are? Nobody knows what will going to happen. We only expecting for it and. Hopefully it will happen before the year end. The last time it hits over $20k no oje expect it, everyone was being surprised that bitcoin can reach it. And today we are all hoping that it will happen again.

[Zurcermozz]

Yes it can increase like that, the higher the demands, the higher the price, surely it can hit $20,000 in the future

[Kaznachej123]

The possibility of bitcoin hitting that high again is predicted in 2021. It is believed that bitcoin gets to a new high every 4 years. Check the charts.

   The single and only hope crypto has of ever becoming valuable and going mainstream. Even then the Governments will fight it harder than they are now.

[darkphoenix2610]

Bitcoin soon after its introduction in 2008 became the only decentralized, transparent, fast and non-repudiable protocol. Bitcoin in no time underwent a significant growth by provoking a certain kind of hysteria in the investors and speculators to earn great profits. As the popularity of cryptocurrency rises, many countries like China started imposing strict restrictions in September, 2017 by calling it a ‘fraudulent practice’. Social media platforms like facebook, twitter and Google joined hands and banned all types of cryptocurrency ads. Since then, the value of bitcoin fell by large margins. As a result, many lost their confidence and interest in the market.

But by far, Bitcoin has lived in a “space of unknown” to the general public with less crypto-educated people. Once that changes, bitcoin will once again see the paradigm shift to find its stable place in the market.

The question of whether bitcoin will ever hit 20k again has turned around the minds of all sleepless investors who entered the market of cryptocurrency in 2017.

I believe that Bitcoin has a lot of potential in surpassing the past records if the concept of cryptocurrencies reaches its true potential and is adopted worldwide.

Let me know your thoughts? Do you think Cryptocurrency is past its heyday and no longer going to revisit or surpass its past glory days?

Just trust on what the coin capability just believe that they can do everything's gonna be alright they will be overtake the target of 20k$ it will be more than 20k$ just wait the run of this was still long just don't focus on the price for now just focus the technology by itself you must add more knowledge about crypto currency.

[Zooplus]

Yes it can increase like that, the higher the demands, the higher the price, surely it can hit $20,000 in the future

It will definitely reach $20k but the time is indifinite.Bitcoin will continue to grow as months and years goes by so maybe few months from now,a high surge may happen.Remember that bitcoin had almost reach $20k last year so it's not impossible to reach that price again.

[CryptoSifus]

By looking to the past we can predict the future.
The history of the rise of BTC doesn't lie.
It has been proven time and again that yesterdays highs are tomorrows lows.
The real question is not if but when.

[CoinsGazer]

The strong performance of emerging market-based assets and ETFs is likely to lead to an increase in bitcoin prices, as the correlation between the two can be traced back to the beginning of 2017.

[fuer44]

no, as the fall of bitcoin drastically, then the FUD makes most people panic, so investors can be said to decline. and when the number of investors decreases, the price of bitcoin will be difficult at the pump. because the price of bitcoin depends on the demands themselves.

[HenryHope]

why not? Anything can happen in the future, I also have a confidence about the future of bitcoin. I think it is just the matter of time, bitcoin will soon recover from its lowest time

[wahyu wida]

no, as the fall of bitcoin drastically, then the FUD makes most people panic, so investors can be said to decline. and when the number of investors decreases, the price of bitcoin will be difficult at the pump. because the price of bitcoin depends on the demands themselves.

indeed, with the large number of investors coming out, prices are difficult to pump, but if investor confidence rises again and the government fully supports it, i think anything can happen, even if it doesn't know when it comes

[pakhitheboss]

Bitcoin soon after its introduction in 2008 became the only decentralized, transparent, fast and non-repudiable protocol. Bitcoin in no time underwent a significant growth by provoking a certain kind of hysteria in the investors and speculators to earn great profits. As the popularity of cryptocurrency rises, many countries like China started imposing strict restrictions in September, 2017 by calling it a ‘fraudulent practice’. Social media platforms like facebook, twitter and Google joined hands and banned all types of cryptocurrency ads. Since then, the value of bitcoin fell by large margins. As a result, many lost their confidence and interest in the market.

But by far, Bitcoin has lived in a “space of unknown” to the general public with less crypto-educated people. Once that changes, bitcoin will once again see the paradigm shift to find its stable place in the market.

The question of whether bitcoin will ever hit 20k again has turned around the minds of all sleepless investors who entered the market of cryptocurrency in 2017.

I believe that Bitcoin has a lot of potential in surpassing the past records if the concept of cryptocurrencies reaches its true potential and is adopted worldwide.

Let me know your thoughts? Do you think Cryptocurrency is past its heyday and no longer going to revisit or surpass its past glory days?

$20k and more you can surely expect from Bitcoin, It's just a matter of when?
I am sure everyone in this forum will agree that the time is not faroff.

[jademaxsuy]

$20,000? It would surely reach that price again in my opinion. It's just a matter of when.

So, this could reach up to 20k USD but no time to disclose when. You have a good answer and it is indeed right that BTC will going to reach even more than that but only time could tell. Maybe not in 2018 and maybe it would fall in 2019 or even on 2020 upwards.

P.S. Take my opinion lightly. Not an economic expert or anything. I definitely could be wrong.

Yes I do believe that in discussions like where speculations are only speculations and should not be the reference for one's decision in their crypto holdings.

[feelingteahigh]

At the present time, as most countries in the world have adopted Bitcoin as a means of payment, Bitcoin has received a lot of investment. Many commentators have argued that the value of Bitcoin will probably once again reach the 20k dollar mark.