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Author Topic: When Will Btcoin Get Back To $20k up ?  (Read 866 times)
ryap12
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February 19, 2019, 12:34:09 PM
 #41

Since 2017 after bitcoin got its all time highest, the  market has kept it down and there has been no real sign of going up again, but when will it get back to its all time highest?
it very unpredictable as of now mate because there's still some factor that always occur especially when there's a slight pump in the market and the growth rate still experience a consecutive fluctuation. but no need to worry because it will never go below on this bottom price.which is jusy accumulate more instead and put more patience because it will be fine soon.  Just keep believing if you're a true hodler. 

I see a lot of you hear are saying it's not gonna happen soon or that hoping for BTC reaching $20k is a illusion but I think you guys have forgotten how crazy this market is. One day BTC is sitting at $3.5K the following day it goes to $10K. Note that there are companies out there that are starting to invest in bitcoin and buying them in million dollars. I even believe there will be a slight bull run if ever the BTC ETF gets approve.
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February 19, 2019, 12:36:23 PM
 #42

Since 2017 after bitcoin got its all time highest, the  market has kept it down and there has been no real sign of going up again, but when will it get back to its all time highest?
If the history repeats exactly then we may have $20k levels by end of 2020. I mean if you agree that 2017 was a repeation of 2013 (both the years are having then ATH of $1200 and $19.5k accordingly) then we had similar incidents of 2014 in 2018 and we may have sideways movements in 2019 which was exactly happened in 2015. and in 2016 market slowly recovered and by end of December 2016, bitcoin market was trading above $900 but tested $1000 in the first week of 2017.

Roughly, the peaks of current ATH may be test by 2020, because we will have halving on that year. But, when considering the current popularity and infrastructures of bitcoins ecosystem, a new ATH may be possible even within this year too as everything is possible by bitcoin markets.
Early 2021 is when we will see an all time high again. However in 2021 we will also Bitcoin run from 20k to 200k-300k by years end.
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February 19, 2019, 01:13:12 PM
 #43

Since 2017 after bitcoin got its all time highest, the  market has kept it down and there has been no real sign of going up again, but when will it get back to its all time highest?
If the history repeats exactly then we may have $20k levels by end of 2020. I mean if you agree that 2017 was a repeation of 2013 (both the years are having then ATH of $1200 and $19.5k accordingly) then we had similar incidents of 2014 in 2018 and we may have sideways movements in 2019 which was exactly happened in 2015. and in 2016 market slowly recovered and by end of December 2016, bitcoin market was trading above $900 but tested $1000 in the first week of 2017.

Roughly, the peaks of current ATH may be test by 2020, because we will have halving on that year. But, when considering the current popularity and infrastructures of bitcoins ecosystem, a new ATH may be possible even within this year too as everything is possible by bitcoin markets.
Early 2021 is when we will see an all time high again. However in 2021 we will also Bitcoin run from 20k to 200k-300k by years end.
We can't predict based on the historical price movements because the conditions are lot different in 2013 and in 2019 so the market will adjust based on it and remove $20K from all your mind will let the bitcoin grow on its own or it will get dumped again when it reaches the value again.

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February 19, 2019, 02:56:37 PM
 #44

We can't predict based on the historical price movements because the conditions are lot different in 2013 and in 2019 so the market will adjust based on it

That's what I thought as well, but it seems that the market itself is just as irrational as always, and we can see that the movements and cycles nicely rhyme. When the market participants have matured enough and care about fundamentals, these extreme cycles will come to an end, but it doesn't seem that we're even remotely close to that happening from where we are today.

Look at altcoins for example, pumping hard while they are as shitty today as they were before the pump. It's all speculative, people don't care what it is or how much utility it has as long as it goes up.
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February 19, 2019, 04:56:13 PM
 #45

Since 2017 after bitcoin got its all time highest, the  market has kept it down and there has been no real sign of going up again, but when will it get back to its all time highest?
it very unpredictable as of now mate because there's still some factor that always occur especially when there's a slight pump in the market and the growth rate still experience a consecutive fluctuation. but no need to worry because it will never go below on this bottom price.which is jusy accumulate more instead and put more patience because it will be fine soon.  Just keep believing if you're a true hodler. 

I see a lot of you hear are saying it's not gonna happen soon or that hoping for BTC reaching $20k is a illusion but I think you guys have forgotten how crazy this market is. One day BTC is sitting at $3.5K the following day it goes to $10K. Note that there are companies out there that are starting to invest in bitcoin and buying them in million dollars. I even believe there will be a slight bull run if ever the BTC ETF gets approve.
maybe the first target to be reached at the current bitcoin price increase is to return to the price of $ 5k and so on to $ 7k and it will go to $ 10 until the price returns expensive at $ 20k, everything requires a process and nothing instant.
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February 19, 2019, 06:18:19 PM
Last edit: February 20, 2019, 01:52:07 PM by Bagaji
 #46

Since 2017 after bitcoin got its all time highest, the  market has kept it down and there has been no real sign of going up again, but when will it get back to its all time highest?
I don't think any body here can tell when or whether Bitcoin will ever return to such height again. Although, anything can happen in crypto currency world since no one was able to predict exactly what happened to it's market value in 2017 but only time will tell.
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February 19, 2019, 07:33:43 PM
 #47

Since 2017 after bitcoin got its all time highest, the  market has kept it down and there has been no real sign of going up again, but when will it get back to its all time highest?
I think the logical step would be probably after the halving, not right after but a bit after. Now we are destined to be at least a bit better in 2019, I do not hope for a huge increase but I do see the price going up a bit because there has been so much investments and funds and regulations and laws for bitcoin and crypto in general that there is just too much money involved indirectly to bitcoin that needs to recoup that investment back somehow and that only happens if there are too many people interested in bitcoin and people are interested in bitcoin only when its going up.

Hence, 2019 should be a year where the price increases a bit and before the 2020 halving we will definitely see another uptick not just because of the halving but because of people assuming it will go up. After that its just a marathon and not a sprint.

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February 19, 2019, 10:04:11 PM
 #48

Hence, 2019 should be a year where the price increases a bit and before the 2020 halving we will definitely see another uptick not just because of the halving but because of people assuming it will go up.
Block halvings have proven to be reliable growth factors prior and after the actual event itself. It's almost hard coded into people's minds by now that halvings translate into price increases.

Too bad the numerous scam forks will lift on that free bit of pumping that they inherited from Bitcoin. Given how far ahead Bcash and BSV are in terms of blocks minted, they'll be the first to have their rewards halved.

I however don't see the price go extremely wild based on the halving. It could just as easily double from $4500-$5000 to $10,000 and hover around that important level for months. It's not easy to sustain such price levels.

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February 19, 2019, 10:08:19 PM
 #49

We can not know that, it can only stay in domain of speculation. There is also another question that is in coloration... Will it get back to its ATH. Anything is possible and as much as we believe we have to be ready for all the scenarios.
Looking bitcoins complete chart we can see that there was ups and downs, one year its going down, next he is recovering completely. I hope history will repeat once again and that this year we will see bitcoins ATH comeback.
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February 20, 2019, 01:52:15 PM
 #50

The bitcoin now passing its bad time. A couple of years ago bitcoin went to 1K USD and again it went to 200 USD! Now, we have seen how potential bitcoin is that 1 BTC can be 20K USD, now its price low again! So, by comparing the previous history, we can except Bitcoin's price will hit again 20K USD or higher within 2 years from now! This is just my thought.

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February 20, 2019, 01:57:48 PM
 #51

The bitcoin now passing its bad time. A couple of years ago bitcoin went to 1K USD and again it went to 200 USD! Now, we have seen how potential bitcoin is that 1 BTC can be 20K USD, now its price low again! So, by comparing the previous history, we can except Bitcoin's price will hit again 20K USD or higher within 2 years from now! This is just my thought.

More it will be after next halving or some period around it. It was so far now and believe that it will be again. Best can be to accumulate as much as possible cuz in past years everything went up after this event. So it could be expecting to see maybe new ATH after that one.
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February 20, 2019, 04:05:38 PM
 #52

All you have to do is be patient, it may take a few years but bitcoin will be over $20k eventually.  Adoption will increase while the inflation rate will drop.
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February 20, 2019, 05:16:27 PM
 #53

Since 2017 after bitcoin got its all time highest, the  market has kept it down and there has been no real sign of going up again, but when will it get back to its all time highest?
Let's say if bitcoin price never touch 20k again then what will happen to you? leave this market and find some investment that you think profitable then cryptocurrency or just calm down, sit nicely and you aren't hustle to see the price bitcoin go up again? The keys when you have an investment is patience, you can't impel and pule to get instant profit, it's not part of the characteristics of investors.

The expectance bitcoin and cryptocurrency as a whole to be use and to be accepted by many people is wide open. We just need lie over and keep spread up to other people how easy it is to make transactions using bitcoin and how they will get a lot of profit to invest in bitcoin.
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February 20, 2019, 05:54:05 PM
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 #54

No one knows when bitcoin will return to 20 thousand, the market recovery will take a long time, I think the market will definitely be able to recover, so stay calm and stay patient, because bitcoin still has the potential to jump back at 20k.

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February 20, 2019, 06:09:27 PM
 #55

A new record maximum for Bitcoin, apparently will not come at all soon, perhaps it will happen not earlier than 2022, but the likelihood that something will go wrong and the new maximum will be earlier than I guess, cannot be excluded. I would be very happy if it happened earlier, but my inner pragmatist tells me that this is very unlikely)
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February 20, 2019, 09:16:57 PM
 #56

Since 2017 after bitcoin got its all time highest, the  market has kept it down and there has been no real sign of going up again, but when will it get back to its all time highest?
$20k may be possible within $2019 too when there will be enough positive news to support bitcoin to have continuous rising markets. I guess investors are eagerly waiting to get into but they must be waiting for right time to minimize their holding/waiting periods. Hence, just having another round of positive news along with upcoming halving may take bitcoin prices beyond $20k levels too very smoothly also possible by considering the readiness of institutional funds.
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February 21, 2019, 12:07:10 AM
 #57

Its not predictable will the price of bitcoin will back on its normal place, but I expect it will happen again because all things are possible if we believe that those things will happen in the near future.

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February 21, 2019, 04:19:24 AM
 #58

Since 2017 after bitcoin got its all time highest, the  market has kept it down and there has been no real sign of going up again, but when will it get back to its all time highest?

We all don't know when bitcoin will return to $ 20k, but if purchases continue to do as they did in 2017, I think bitcoin can reach $ 20k easily.

Bitcoin already crashed from $32 to $2
From 1000 to 100 and so on.

Yup you are right, and this will happen again until the following years, so don't be surprised if one day the price of a bitcoin can exceed $ 20k with/without known time.

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February 21, 2019, 04:54:25 AM
 #59

All you have to do is be patient, it may take a few years but bitcoin will be over $20k eventually.  Adoption will increase while the inflation rate will drop.
sometimes new traders who do not know how to trade well will be difficult to control their patience because surely they will easily panic to see price movements when there is an issue that has an impact on the price of coins at the exchange.
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February 21, 2019, 08:44:09 AM
 #60

All you have to do is be patient, it may take a few years but bitcoin will be over $20k eventually.  Adoption will increase while the inflation rate will drop.
sometimes new traders who do not know how to trade well will be difficult to control their patience because surely they will easily panic to see price movements when there is an issue that has an impact on the price of coins at the exchange.
More so some of this new traders are having the habit of "get rich quick" syndrome they lack that patience needed in trading forgetting the fact that bitcoin is a long term investment just as the OP is anxiously asking the possibility of bitcoin reaching $20K again maybe his perception about bitcoin is make some bucks quickly.

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