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

[Bagaji]

Well, one need not to be optimistic about whether Bitcoin value will ever return to its previous height of  $20,000 since anything can happen in crypto currency. Although if you put the on the other way like can Bitcoin market value ever return to  $1 again so that one can buy at a cheaper rate? In answering this two, one need not to be optimistic about what the outcome will be as whatever may be your answer it absolutely a prediction which may and may not come to fulfilment at the end.

[1714792423]

1714792423

[coin_1122]

It is possible to cross more than $20k but how long it is going to take nobody don't know because the market situation and from the news makes the piece of bitcoin more stable. It is a very good sign for bitcoin to hold them as long as possible to increase the price.

[bummm]

$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.

I am almost sure that in 2 years, Bitcoin price will be even higher. BTC popularity has been constantly growing, and the demand for this crypto has been increasing.

[Cacingkemi]

By the way It has become a major topic in every month that BTC will go above 20K and some even predict 200K by 2022 and that is already familiar to us,well gradually the value will improve when it will prove it all and I will hodl the longest.

[marcbitcoins]

I believed Bitcoin will probably will hit the $20,000 again but we can't expect that for this year to happen but maybe by next year as many countries are now starting to legalize the investments and also this figure is very small compared to the predictions by most of the famous experts in crypto like John McAfee in which they mentioning figures like hundreds of thousand dollars in the coming years. Although i think they are mentioning impossible figures but this is better than spreading FUD.

[Ararbermas]

We have no idea mate because that is the common problem nowadays and probably even experts can't predict if it's possible again ,which if there's really a potential again to reach the ATH  despite of this current situation , because market still unpredictable and until now there's no positive sign to increase more unlike before year 2017

[Green_Bulb]

I`m rather skeptical, I don't believe Bitcoin will reach the same price level again. The price of 20k USD was conditioned by crypto currency novelty and hype - it was new, it was an undiscovered territory and an opportunity that should not be missed. I doubt BTC will be able to get the same hype as before I'm afraid. May be some other coin, even more revolutionary than BTC once was?

[Asger223]

Bitcoin is the most stable crypto currency in the world. It will surely reach 20K. But, considering the volatile nature of the market it is difficult to predict when exactly the Bitcoin will reach 20K.

[newcollegestar]

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.

Obviously, this is something that should be expected in the long run as BTC keeps getting a whole lot better when it comes to adoption and usage. Mainstream adoption is something that I believe would cause this market to skyrocket hugely and I am sure looking forward to it. One thing that I am so certain of at the moment is the fact that, we are just starting, and even though no one knows when we will get to see $20k possibly, it would most definitely come with adoption. What we should however be focusing our minds on at the moment is to see real life usage and with that, it would come naturally.

[Biscutard]

Who knows if it will reach $20k soon but it seems too impossible to look at it this year or even next year. We will need something to make it happen and it might surpass the $20k ATH, who knows? Bitcoin and the all other altcoins are really unpredictable even if they tell that most whales would hype the altcoins if bitcoin dump but it is not happening this year.

[creeps]

It is possible to cross more than $20k but how long it is going to take nobody don't know because the market situation and from the news makes the piece of bitcoin more stable. It is a very good sign for bitcoin to hold them as long as possible to increase the price.

I'm pretty sure it can happen within 2 years
2019 might be a good year for us since a lot of good news are happening around the world in terms of regulations from the government. I know bitcoin will make a new peak slowly but surely, we must wait for that one and have more patience. $20k will happen again soon, so its good for you to have more bitcoin on your wallet.

[Pattart]

It is possible to cross more than $20k but how long it is going to take nobody don't know because the market situation and from the news makes the piece of bitcoin more stable. It is a very good sign for bitcoin to hold them as long as possible to increase the price.

The possibility of returning to that price certainly still exists, moreover the development of bitcoin is still going on. but we don't know when it will happen because price changes are influenced by many things, we dont know what will come in the future, all we do is believe and wait..

[LeGaulois]

As soon the Bitcoin price hits $20,000 again people will start to sell most of what they own, thinking "this time I won't miss the opportunity. With a large volume of sales we can expect to then see the price decreasing again.
With the next halving I doubt the price will go up to $20k again, but we can hope

Not necessarily. Check out the previous bull rally when we were passing $1000 USD. You could expect that after the low of $300 people will unload everything at $980 , but we haven't seen any red candles until $1030, so $1000 did not act as a psychological barrier. Even the 1030 caused just small sell off that took us down by $30 and failed to break below $1000. I believe that if we ho to 19k with high volume we'll repeat the same pattern.

You can be right but it is about a lot more money between $1,000 and $20,000 and people may not react the same way they did back years ago. Also, the people are not the same, Bitcoin wasn't so a speculative asset at this time (compared to now). Exaggerating a lof it's like saying, losing 10$ you don't care, but $20,000 is a drama

[pinoyden]

why ? i dont see any movements from btc therfor i dont think it can catch up from 20k usd by the end of the year .  

why not ? people are still expecting for btc to rise because they believe that the history can repeat itself . we all know that bitcoin do always skyrocket just before we end every year .

but overall , both why and why not do still have an advantage to all of us because we can bought more bitcoin if ever the value wont recover but if the value suddenly pumped , we can also sell our bitcoins to earn a good income .

[chickenado]

why ? i dont see any movements from btc therfor i dont think it can catch up from 20k usd by the end of the year .  

why not ? people are still expecting for btc to rise because they believe that the history can repeat itself . we all know that bitcoin do always skyrocket just before we end every year .

but overall , both why and why not do still have an advantage to all of us because we can bought more bitcoin if ever the value wont recover but if the value suddenly pumped , we can also sell our bitcoins to earn a good income .

Bitcoin is circulating world wide as we know no boundaries  there's a vast opportunities that still  about to happen, If some countries neglect bitcoin there  are lots of countries who are willing to adopt because of its past and and economical transaction.

[onrise]

The economy is always changing and uncertain with its currency values and cryptocurrency is no different, all we can do is wait and see what happens to the value of bitcoin if they increase or not and by how much.

Btc and other crypto currency are highly volatile and very sensitive to some news which can make or break the price like free fall which happened at start of this year considering from last year. One need to have patience and keep having some strategy for their short and long term holdings.

[Fredomago]

The economy is always changing and uncertain with its currency values and cryptocurrency is no different, all we can do is wait and see what happens to the value of bitcoin if they increase or not and by how much.

Btc and other crypto currency are highly volatile and very sensitive to some news which can make or break the price like free fall which happened at start of this year considering from last year. One need to have patience and keep having some strategy for their short and long term holdings.

There's a lots of knowledge which is needed to improve such strategies that will be effective from this current market, chances of bouncing back to the last time high is still possible as long as there's people who's willing to hold and keep investing their money, while in the other hand there's also some chances of deeping down if whales intend this to happen, we just keep actively monitoring and stay focus with whatever strategy that we've got.

[whiteblue]

I think this bitcoin price can be priced at $ 20k again and I think it will be very easy if there is good news like bitcoin is accepted as one of the legitimate payment instruments, so the price of bitcoin can be very expensive and can return to the price of $ 20k with very fast movement. we must remain patient waiting for that moment and as much as possible don't sell the bitcoin you have at a low price.

[StarofBTC]

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.

Not just the popularity, but the support itself will keep growing and the more the support keeps growing, the stronger it gets. This is one thing a lot of people do not usually understand.

As long as people tend to see that what they are expecting is the end tends to become just the beginning, they will come to terms eventually on how they would play out their mind to be able to take advantage of a market that is growing every single day and in cases like that, support will keep brewing up, the market would become adopted the more until we reach eventually the peak.

[altercreed]

Quite high of a market price to reach again this year because almost all year long, bitcoin has struggled to rise back. Now, another fluctuation has been experienced by the cryptoworld and it seems pretty deep already.