bitcoin price increase

[STT]

Dont mix the short term with long term and 20k is very long term and relys on all sorts of outside factors.   I'm going to get boring for mentioning this repeatedly but to price something in dollars and then mention quadrupling the price, you are also referring to the worth of the dollar itself.

If dollar value fell during this appreciation then its going to be far easier as a target.   I'm sure there are many more outside factors besides USD but thats the most obvious, things like capital flows from China or any similar country I think this effects such a large tide change.     Biggest thing never mentioned is time itself as a development and also the block reward and protocol changes, 20k is possible some would say probable but I think just focus on your first stepping stone first.    First area is 4500 to 6000

[Daboy_Lyle]

Increasing of the BTCitcoin's price is normal but you're expecting like an fish to whale. I think it needs a long time to happen not just so quick. Maybe its on the way to the price as mention of the OP. Price will get normally because nothing is impossible with the price of bitcoin.

[deisik]

This week Bitcoin has begun to show a good increase and I think many people are happy and happy with the current increase,
will the price be as soon as possible to recover at $ 20,000?

I really don't understand why you guys are so excited to see the price jump to $20,000. You just have to remember that it took us months or years to see the price hits all-time-high. So in this case, it will not be overnight, we have lost like 80%-90% already, so to get to at least $20,000 there could be waves of bull run to happen, it could take years though

Technically, it is not true

At least, not in the sense most people think. Indeed, it took long 7 years to get to over 2k if we start counting from  Bitcoin's birth. But after we got there in the summer of 2017 (for those who don't keep track of the dates), we went parabolic (or even exponential) and reached 20k in some 3-4 months. In other words, it may take us no longer from current 4k to an ATH provided there is enough demand as we have already been there and seen that

[normanz]

I think the price increase to reach the price of 20k will not be achieved in the near term, and I think to get profit you don't need to wait for the price to reach 20k, but if you want a big profit at an increase of 20k then you have to be patient.

[bitbunnny]

It's a very small increase and I would rather call it some positive correction. Besides it's very hard to predict yet if this increase will continue or the price will pull back again. And to say at this very moment that the price will go all way up to 20000$ it's exaggerated. Don't rush with conclusions it's too early to say that market started to recover and such high price in this moment looks impossibe.

[Ewinsane]

It all depends on the hype, bitcoin always gets hype periods. Back in the first days when it reached to over 30 dollars it was due to couple hundred of few thousand people interested in bitcoin then a hype happens and there are thousands more interested in it and buying it and that increased the price a lot.

However, the second one in 2014 was dude to us reaching to mainstream media and almost everyone hearing about at least "what bitcoin is" even if they are not interested they at least heard about it in 2014. The latest one was "bitcoin is going up and making everyone rich" and people went into bitcoin and realized they were a bit late and they kept buying bitcoin to go into many altcoins and ICO's to make money. I don't know when the next hype will happen or how it will happen but when that happens it will be pretty quick to reach new ATH prices.

[hahay]

It's a very small increase and I would rather call it some positive correction. Besides it's very hard to predict yet if this increase will continue or the price will pull back again. And to say at this very moment that the price will go all way up to 20000$ it's exaggerated. Don't rush with conclusions it's too early to say that market started to recover and such high price in this moment looks impossibe.

But if look closely it seems the market will maintain its value to continue to increase, indeed there is no need to rush to make conclusions and indeed to reach $20,000 will require a long time. But if the increase continues and returning to $6000 in the near future in my opinion has been a good sign this year with a significant increase.

[davit putra]

A price jump of up to 20k will not be quickly achieved, it takes longer because 20k is a high price. The possibility of a pump is there, but don't over-expect it.

[candra raditya]

The price of 20k is definitely awaited for many, but to touch prices as high as that is not easy for bitcoin, unless there is mass adoption.

[South Park]

This week Bitcoin has begun to show a good increase and I think many people are happy and happy with the current increase,
will the price be as soon as possible to recover at $ 20,000?

I believe we have good chances of seeing that price again and even to leave it behind but this does not seem to be what you are looking for, the price went up for some days but there was not really any reason that could sustain that growth so the movement collapsed very soon after only a few days, people should stop doing this to themselves every time the price goes up they think this is finally the recovery they wanted only to discover that is not the case.

[Lpim01]

The price of 20k is definitely awaited for many, but to touch prices as high as that is not easy for bitcoin, unless there is mass adoption.

Of what price great surge happen last 2017 might impossible to happen again even we have a huge market adoption. That huge hypes were making a lot of people to loss at the point when it suddenly fall like a rocket and until now they are still moaning. Though it is acceptable for us but I may good enough to see Bitcoin reaches for $10k within this year.

[Eugenar]

Last few weeks the price of bitcoin have small improvement where it reached the price of 4000 usd. But, few days ago it drop again below 3000 usd. We do not know if the price of bitcoin will really increase but as you can see there are many support in market where they want to have a rising price.

[LUCKMCFLY]

Last few weeks the price of bitcoin have small improvement where it reached the price of 4000 usd. But, few days ago it drop again below 3000 usd. We do not know if the price of bitcoin will really increase but as you can see there are many support in market where they want to have a rising price.

You are absolutely right, because most people are hoping that the price will rise again, of course, in my view, I think it is best to wait, because at this moment any of the bearish or bullish scenarios may occur, there is no nothing clear yet, many have entered long, and although the graph shows that there may be successful entries in Long, it can be a trap.

[onecall123]

Last few weeks the price of bitcoin have small improvement where it reached the price of 4000 usd. But, few days ago it drop again below 3000 usd. We do not know if the price of bitcoin will really increase but as you can see there are many support in market where they want to have a rising price.

You are absolutely right, because most people are hoping that the price will rise again, of course, in my view, I think it is best to wait, because at this moment any of the bearish or bullish scenarios may occur, there is no nothing clear yet, many have entered long, and although the graph shows that there may be successful entries in Long, it can be a trap.

Yes, there is nothing clear yet thus it's just pump and dump schemes that's appeared pretty clear. However, everyone was in the temperament to bounce up and say holds your breaths it's feeling rise again, neither the mood change nor that happen any time soon. Still anticipating huge gains in 12-20 months from now.

[arpon11]

This week Bitcoin has begun to show a good increase and I think many people are happy and happy with the current increase,
will the price be as soon as possible to recover at $ 20,000?

Bitcoin is growing and we expect more favorable pricing in some days to come.  However the market has taking retracement back a little and that is what we called corrections and bitcoin is gathering alot of momentum for future growth and if bitcoin can break $4250 then the next bull run will commence.  Traders are watching before investing and the institutional investors are going to come to the market soonest.

[jossiel]

But, few days ago it drop again below 3000 usd.

No, it didn't dropped below $3,000.

The drop was around $3,800 and that was the support price for bitcoin which is still an actual price for this moment. We haven't seen bitcoin dropped under $3,000 so I can say that we're on the safe haven.

We do not know if the price of bitcoin will really increase but as you can see there are many support in market where they want to have a rising price.

It has increased for a very short time and billions of bucks took out to the market which made the price low again. I don't doubt that the market will increase soon, I'm very sure of it that there will be a reversal but only time can tell when, patience..

[lablab03]

Last few weeks the price of bitcoin have small improvement where it reached the price of 4000 usd. But, few days ago it drop again below 3000 usd.

it didn't drop below 3000 usd pal in fact it still holding above 3k resistance and looks like it become stagnant again after the small dump. 

 We do not know if the price of bitcoin will really increase but as you can see there are many support in market where they want to have a rising price.

there's always a time for it to increase pal wherein even though there are some good new about it around the internet it can't help bitcoin price to recover again easily back to the previous value.  If more people will contribute on it perhaps a good idea so that bitcoin can gradually regain strength to rise again.

[Kirito-kun]

This week Bitcoin has begun to show a good increase and I think many people are happy and happy with the current increase,
will the price be as soon as possible to recover at $ 20,000?

I don't think that bitcoin could easily recover that amount though. $20K is a quite high value hence it will take a lot of time in order to reach that. Folk will definitely grateful if it does increase its price even myself, that is the most thing we would want to happen.

[YOSHIE]

This week Bitcoin has begun to show a good increase and I think many people are happy and happy with the current increase,
will the price be as soon as possible to recover at $ 20,000?

I assume that anything can happen to cryptocurrency, especially Bitcoin, for now no intellectual has been able to predict the certainty of rising and falling coin prices, "just pray for $ 20,000,"
the movement of Bitcoin in recent days is quite positive, this is very suitable if the short-term investment with the movement of the current chart, up not too far down is the same.

[Prettymie]

This week Bitcoin has begun to show a good increase and I think many people are happy and happy with the current increase,
will the price be as soon as possible to recover at $ 20,000?

If you will think for the road to $20k..It’s a long ride and only time can tell when we get there as this will face many fluctuations before we reach $20k. It's a good start to see the price moving up little by little and this will create enough strength to push higher and yet we should not expect for a sudden huge increase as the market is still in the mode of recovery. It will be great if we can push to $5k level and next aim to $7k...