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

[MarchToke]

Not this year if i have to speculate it regarding on the status of bitcoin. It might be next year that the price of bitcoin will rise drastically again that may even break the 20,000$ all time high.

[Jamjamz30]

Just what I thought about in this business industry, particularly in trading market, everything are possible to happen and even the impossible in the sight of many here was also became possible. So if bitcoin reached 19k$ almost way back 2017 there is a big chances that it will go back again at the right time or more. Depending upon the demand of the communities in cryptoworld or bitcoin world either.

[hero1111]

I think bitcoin  price will be 20k and will be  over 20k  because bitcoin is useful and  bitcoin users will be more  in the future and when i  think that  i can see this sector is growing fast so it is mean that  bitcoin price will continue to rise in the future .

[Tagus45]

I'm sure bitcoin can achieve it. there are indeed many people who doubt bitcoin, but one day bitcoin will be able to increase and people who doubt bitcoin will regret it.

[airdrophunter]

We are already approaching to the end of the year and yet bitcoin has fallen away from the hopes of many that this month will be the start of bull run. Reaching back to 20,000 looks pretty impossible now with the current status of bitcoin. Maybe in the coming years only then will bitcoin reach back again that price or even more.

[Lpim01]

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.

It is totally pretty hard for the market recovery since everything are on the dips until now. But it couldn't be the reason to loss our hope nor to think that crypto will die. These huge and long declines is just a usual outcomes from government regulations on crypto and it market adjustments, and in the following days we realize that this is the market we have.

[hahay]

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.

It is totally pretty hard for the market recovery since everything are on the dips until now. But it couldn't be the reason to loss our hope nor to think that crypto will die. These huge and long declines is just a usual outcomes from government regulations on crypto and it market adjustments, and in the following days we realize that this is the market we have.

The mindset of crypto will die is a trauma that should be avoided, because I'm sure there are still many who believe that bitcoin will rise and indeed, hope will always be there. We cannot think of just this year's fall in the price of bitcoin and then be pessimistic to keep investing and holding, because we should be aware of the price of bitcoin going to the top of last year starting from a low value, anyway we still have good and big hopes in the future somehow will happen later.

[kidsrock]

I am sure that bitcoin will be back to the highest price as in the last year, we only need to wait for the price starts rising. We still have much time to see this will happen and meanwhile, we can try to buy more bitcoin to add in our wallet. Bitcoin will still survive because many people still support bitcoin so far and we don't have to worry.

[0xBitcoins]

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.

Bitcoin will reach to $20k again because with the rise of market cap and it possible that it never reach to $20k if it found no investment funds. Price depends upon demand and demand depends upon trust of the people. If people trust bitcoin and they understand the benefits and importance of bitcoin they will definitely put their money in bitcoin and thus the price will go up.

[hannahboy]

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.

Future is hidden and human being knows nothing about the future price. We know that price depends upon the investment capital and demand. If more and more people invest in bitcoin the price will automatically rise, but if there is no or very little demand the price will never increase. Hope it will reach to $20000 again and may cross this level in the future.

[Altcoins enthusiast]

Bitcoin is definitely going to hit $20,000 and we should hope that this happened before end of next year.  We should invest than that bitcoin price is very low and we should expect that bitcoin is going to appreciate in future.

[kyle999]

I expect to bitcoin that this will happen if the price of bitcoin get bigger enough and big investors will come out for it and they hold it for a long time to make a profitable price.

[domarakooth]

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.

Hard to predict since today's price is lower than yesterday's price. Seems it will go down more but i believe the price will be stable at $5,000.

[DaughterOFbitcoin]

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..

Yeah it is right that time is not guaranteed when it will cross $20k. I also hope that the future of bitcoin is good and gradually the price will rise more and more but it is possible if we trust and believe bitcoin and invest in it and also convince more and more people to put their money in bitcoin for to earn some money for free if the price goes high in the future.

[samuland5]

$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.

Yeah you are tight it is just a matter of time and we know that nobody knows when. I can answer why but don’t know about the time. trend towards cryptocurrency in increasing day by day and more and more people come to know about cryptocurrency and when the understand and realize the importance and benefits of it, they will invest in it and when the market cap increase the price will also increase.

[okala]

I believe that this is just the beginning of cryptocurrencies development and using of blockchain technology of which bitcoin is the chief cornerstone.  Bitcoin may not get to $20,000 this year again but in years to come it will get to $500,000.we should keep buying as this is the major way we can be part of the future. Never invest the money you can not afford to lose.

[Rooster101]

Not this year if i have to speculate it regarding on the status of bitcoin. It might be next year that the price of bitcoin will rise drastically again that may even break the 20,000$ all time high.

Same here, I also bitcoin can't able to reach that $20k again this year because the market is often bearish for the past nine months. There is still no clear sign of bullish trend in this 4th quarter and the price growth is still slow compared to last year. For the past few weeks, bitcoin experienced some price uptick or slight increase of price followed by dip again. $20k might be reach again or even surpass it next year if the factors for reaching higher growth are present.

[Tapyaks72]

Not this year if i have to speculate it regarding on the status of bitcoin. It might be next year that the price of bitcoin will rise drastically again that may even break the 20,000$ all time high.

Same here, I also bitcoin can't able to reach that $20k again this year because the market is often bearish for the past nine months. There is still no clear sign of bullish trend in this 4th quarter and the price growth is still slow compared to last year. For the past few weeks, bitcoin experienced some price uptick or slight increase of price followed by dip again. $20k might be reach again or even surpass it next year if the factors for reaching higher growth are present.

As of this moment the price seems no strong preference that it has a potential to bull run but  the possibility to reach 20k is achievable because of the volatility of the bitcoin price, the possibility of creating hyp and FOMO is still possible because of it's wide range of coverage because we considering a worldwide coverage because it has no boundaries.

[iMark]

Not this year if i have to speculate it regarding on the status of bitcoin. It might be next year that the price of bitcoin will rise drastically again that may even break the 20,000$ all time high.

Same here, I also bitcoin can't able to reach that $20k again this year because the market is often bearish for the past nine months. There is still no clear sign of bullish trend in this 4th quarter and the price growth is still slow compared to last year. For the past few weeks, bitcoin experienced some price uptick or slight increase of price followed by dip again. $20k might be reach again or even surpass it next year if the factors for reaching higher growth are present.

Yeah we don't know when this bearish will end but $20k will certainly happen again but maybe not for this year, we are still stable at
price $6k and maybe there won't be many changes until the end of the year, I really hope prices can be better next year

[pocketfullofpoke]

If last year's all time high is just the beginning of bitcoin's rise, then the answer is yes and i believe that it will reach hundreds of thousands in the coming years. As for 20,000$ worth per bitcoin, maybe this coming 2019 or in the next decade.