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

[ngm22585]

Yes.

It's just a question of when.

[1714767575]

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[ufalo3]

$ 20k is a high price for bitcoin, now we have not been able to give speculation on price earnings for bitcoin. so I think it might be possible to see the potential of bitcoin in the future, but when the right time is unpredictable.

In several years, many of us will consider 20 thousand dollars a very cheap price for Bitcoin. I guess it will be gaining constantly although the growth might be not so fast.

[oppasong]

in my opinion it says that bitcoin will come back again as it did in 2017 after there have been some advertisements like twiter that are back to promoting bitcoin if they make $ 20k clearly there will be because bitcoin has great potential as with some countries accepting this bitcoin will have a great influence on rising bitcoin prices let alone almost all the world community already know with bitcoin and its usefulness, it can be ascertained that bitcoin will have a good future in the near future

[princehandsome]

yeah Bitcoin will reach 20K again but not in the near future, if the growth of Bitcoin prices rises at the end of this year then next year Bitcoin will soon reach high prices. it is difficult to predict the price of Bitcoin but nothing is impossible be if in the next year it will reach 20K again. we'll see what will happen next year.

[chikading2016]

yeah Bitcoin will reach 20K again but not in the near future, if the growth of Bitcoin prices rises at the end of this year then next year Bitcoin will soon reach high prices. it is difficult to predict the price of Bitcoin but nothing is impossible be if in the next year it will reach 20K again. we'll see what will happen next year.

I think bitcoin will soon rise up to 20k or maybe above 20k USD, due to its amazing features and popularity, if bitcoin reach 20k USD before so then I believe that the is no enoughf reason that it will not reach 20k USD in the near future. But at this point of time we need to make sense of it that we are now on a very huge dip so we need a big patience today.

[aftab.436]

It will achieve that check once more, not similarly as quick as everybody anticipated. I sincerely think the following huge increment in costs, how about we consider it a bull run, when the btc cost will test the last ath again will come when reception goes standard. It'll be the fuel to make the costs soar, there will be a considerable measure of promotion and interest for it and before we know it, we'll be over the 20k check.
However, starting at now, it appears vert improbable that we'll test 20k once more, it would take a ton of promotion from the overall population to achieve that cost, yet nothing could trigger those two for the time being

[denzkilim]

yeah Bitcoin will reach 20K again but not in the near future, if the growth of Bitcoin prices rises at the end of this year then next year Bitcoin will soon reach high prices. it is difficult to predict the price of Bitcoin but nothing is impossible be if in the next year it will reach 20K again. we'll see what will happen next year.

I think bitcoin will soon rise up to 20k or maybe above 20k USD, due to its amazing features and popularity, if bitcoin reach 20k USD before so then I believe that the is no enoughf reason that it will not reach 20k USD in the near future. But at this point of time we need to make sense of it that we are now on a very huge dip so we need a big patience today.

There is a chance that it will reach $20,000 US dollars before the end of the year if you study its growth.
Soon the bear market will begin to rise from its hibernation and it is better to be prepared than to be sorry later.
Have time to watch this youtube video about the "Bitcoin's Next Big Move Explained"
https://www.youtube.com/watch?v=Tjke23usPcQ

In this youtube video, Alessio Rastani explains the probability of Bitcoin to move upside rather than move downside and the chances are higher. I hope his analysis and prediction surely happens and there are a lot of people waiting for this kind of uplift.
If you're a hodler of Bitcoin this video will surely make you smile.

Credits to the owner of this video. Alessio Rastani

[FedorIzmailov]

I believe that Bitcoin will still cost over 100 dollars and all that we see now is simple growth correction and nothing more. me kazhestya that for bitcoin the future of the world finanasovaya industry

[maulana rifai]

yeah Bitcoin will reach 20K again but not in the near future, if the growth of Bitcoin prices rises at the end of this year then next year Bitcoin will soon reach high prices. it is difficult to predict the price of Bitcoin but nothing is impossible be if in the next year it will reach 20K again. we'll see what will happen next year.

we only need to wait and spend a lot of time hoping the price will exceed the highest price in the previous year. this is the risk that must be faced if it is true that Bitcoin is able to pass the highest value in the previous days then all holders will be happy. with the increase in the value of bitcoin will increase confidence.

[coinwizard_]

There needs to be a flood of new investors for it to happen again. Some people got burned and left, dumped at a loss and are unlikely to return, there needs to be a new class of investors to join in again

[Eraldo Coil]

For my own opinion bitcoin might not reach what it reached last year. It is impossible for bitcoin to reach 20k for this year because it price right now is very stable like it isn't moving at all. Most of the users now are holding it and waiting for new investor, big investor to increase the price of bitcoin.

[blockbrew]

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

As much as I don't want a economic crisis to happen, I think an economic crisis is what would bring the prices up significantly. Especially for 3rd world countries, chances are, people would be looking for a sort of 'hedge' against their local fiat money(pretty much like what happened to Venezuela); and I think gold and silver would be quite unlikely to be their choices. While precious metals are more stable in price, they're really isn't easy to transact with. Not to mention they could be faked.

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

That's totally okay!

Everyone has its own viewpoint

[blockbrew]

For my own opinion bitcoin might not reach what it reached last year. It is impossible for bitcoin to reach 20k for this year because it price right now is very stable like it isn't moving at all. Most of the users now are holding it and waiting for new investor, big investor to increase the price of bitcoin.

Well then accordingly, it's never gonna rise as every investor is looking for his/her own coin to be build based upon some platform of Crypto depending upon there requirements mostly CryptoExchange and I have a very good hand in it because of an expert team working with me, so I get daily queries on it.

[blockbrew]

Thank you all for sharing your views and giving your contribution with this thread.

I have read all the views and analyzed and going to share my own view on it:
"Yes, Bitcoin will rise again in future, even more than 20K " not only Bitcoin, each and every CryptoCurrency will go high but it will take time as there are just some who are developed and are in updations as well and rest all are in development phase.

The worst part is everyone wants to develop their own currency but many of them don't want to spend money for it. One thing I know is if you want to go up you need to comeup with something good and then the most important thing is the ICO marketing with the proper strategies. I have seen many coming up and down.

P.S: This is just my View point.

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[kvipcn]

Well, there are a lot of possibilities in this world we live in but I highly doubt Bitcoin will ever get to $20k anytime soon. The crypto space keeps increasing as days go by and with such an increase brings some kinda of stability in the crypto space.

[Micronometer]

There had been many researches based on the upward and downward stretch of bitcoin's price. It is really hard to predict its volatility.

[Angleworm]

Last year's sudden price rise of bitcoin to $20k was a bubble which eventually burst and it was abnormal. It is advised not to compare with last year's price but as it is volatile market we might see that kind of rise again.

[Antinomist]

Currently, there are only 4 million bitcoins left to mine. My guess is, once the mining is over, the price will skyrocket again. Till then, we may see a lot of ups and downs in the chart.

[Symptomatic]

The more time bitcoin survives the market the more the popularity will grow. When more people will come to interact with it,the price will definitely start to rise. Only time will tell whether it's going to reach 20k or not but in my opinion the best is yet to come.

[GenesisDominguez]

BTC will break through $ 20,000 mark again. Because Bitcoin has a really unique feature that other coins don't have. We'll see market movement soon.