Is Bitcoin on its way to $20,000?

[bitcoin31]

In the end of 2019, bitcoin price increase very fast so it can reached that again for the second time. But if the bitcoin not reach that possible in the year 2020 and I believe on that. Other people did not believe bitcoin not hitted again $20k and that's their prediction and othe takes few years before it reach again because we have different prediction we cannot easily to determine the real value of the bitcoin next few months and years. But the majority is possible this year and Im happy for that.

[DreamStage]

Predictions predictions as always Does anyone has a real fact that price will indeed reach $20.000?
If only someone could say "i'm going to buy 1 million dollars in bitcoin" that would pump it immediately.

[huhhuh18]

In the short term, I am waiting for Bitcoin to hit that my huge $6K resistance and cross or even test it a couple of times and then . And then in along term what you are saying is true- we can fly very high above the $20000. anyway the future will tell.

[Hypnosis00]

In the short term, I am waiting for Bitcoin to hit that my huge $6K resistance and cross or even test it a couple of times and then . And then in along term what you are saying is true- we can fly very high above the $20000. anyway the future will tell.

That is to high for me ($20k). When the price will be that high, expect also for the high risk we gamble in the market. Know its volatility, I'm afraid low level individuals in the community will never take the risk or they will never invest crypto due its budget. Better to stay at below $20k, would be that fair to everyone.

[sandra_x]

There were some indications that some of the purchase in last couple of days were owned by institutions or big players.There are no doubts that bitcoin can surpass even the 20000$ in the coming months.It only took about 10 days in the last bull run to almost double in price.The major drive will be the removal regulatory hurdles for institutional involvement and platforms to support such.

[jhongzjhong]

In the short term, I am waiting for Bitcoin to hit that my huge $6K resistance and cross or even test it a couple of times and then . And then in along term what you are saying is true- we can fly very high above the $20000. anyway the future will tell.

That is to high for me ($20k). When the price will be that high, expect also for the high risk we gamble in the market. Know its volatility, I'm afraid low level individuals in the community will never take the risk or they will never invest crypto due its budget. Better to stay at below $20k, would be that fair to everyone.

Nothing possible with a very high volatile crypto market, but yes, 20k dollars is too quite high for me and probably it will happen for the next halving which every most likely holder want. I have heard rumors that we are now facing into a bullish trend and I think this is now the start of the market resistance. However, I still believed that bitcoin price and other crypto is an unpredictable thing and no one knows when it will raise so it is better if you are ready now had bag more profitable coins to hold.

[minersday]

I strongly have doubts that Bitcoin will be able to reach a market price of $20k before 2019 comes to an end. The possible price attainment I see Bitcoin reaching will be between $7000 and $10k. Bitcoin will be worth $20k in the year 2020 or early part of 2021. Has it stands now, I don't see bitcoin reaching $20k anytime soon.

[calandra78]

With the massive price surge over the last month or so, how long do you guys think we need to wait for BTC to get to 20K? Realistically speaking...


These guys touch some nice topics that must happen if we want to get to see BTC at $40,000:
 
https://cryptotradernews.com/cryptocurrency/bitcoin-the-path-from-4000-to-40000/

possible at next 6 month over, because next year halving will be pumping price over $20k, i thing so.
we don't know what happen on the future, analyst market are good experience to said bitcoin price will over $40k for next 2021.

[Noilee]

It very hard to predict bitcoin price and when it will reach $20,000 but with the recent happening in the market I don't think it will take long before that will be achieved, if I must predict may be 4-6 months from now. Just like what happen in the price of bitcoin in 2017 at the early period the market was moving gradually but towards the middle of the year the price skyrocket, so we can expect that same trend in this year.

I think its possible, because its already happened last time since 2017. Maybe now next month is the beginning of btc price will increasing. I think a past month the price will already reach more than $15,000. We know that the price of btc is increasing, although sometimes it decreases.

[Nunoluck]

With the massive price surge over the last month or so, how long do you guys think we need to wait for BTC to get to 20K? Realistically speaking...


These guys touch some nice topics that must happen if we want to get to see BTC at $40,000:
 
https://cryptotradernews.com/cryptocurrency/bitcoin-the-path-from-4000-to-40000/

Bitcoin will surpass $20.000 but not in short term. The liquidity of bitcoin is getting better after many big investors have sold a lot of bitcoin at 2017 - 2018. So now bitcoin market has reach its temporary stability until more big investors buy bitcoin steadily. I think bitcoin price can reach $40.000 even $100.000 due the increasing trend of cashless society.

[LeardPhoenix]

btc will have to retest many prices, but the 20000 is the first to pass 6150 this year. I think later this year BTC will only be able to reach $ 10500

[OrangeII]

I strongly have doubts that Bitcoin will be able to reach a market price of $20k before 2019 comes to an end. The possible price attainment I see Bitcoin reaching will be between $7000 and $10k. Bitcoin will be worth $20k in the year 2020 or early part of 2021. Has it stands now, I don't see bitcoin reaching $20k anytime soon.

seeing current developments, that makes sense. at present, bitcoin is indeed running towards a price of $ 20k. however, the price that can be achieved now is, $ 6000, and may occur gradually. I think in 2020, the price of bitcoin already has a price above $ 10k.

[Kakmakr]

The $20 000 All time high was triggered by a significant event with a perfect storm coming together at the right time. <ICO Boom> and then the subsequent banning of Crypto currency advertisements from major social media platforms broke that progress down with a 80% drop in the price.

Depending on what the next trigger event would be, I would say that it could most probably be in Aug 2019. <SEC decision on ETFs> 

[pinoyden]

I think its possible, because its already happened last time since 2017.

just becaused it happend last time does it mean it can happen again ? this is the basis of other people including you and they believe that history can repeat itself but for others like me i think im wont believe that bitcoin can reach 20kusd this year or next year  because if we look at the price the price of bitcoin is now getting stable and only had a small time value at 5000 plus usd  .

[sopanbmp]

Bulish patern it's not been confirmed yet I guess, 20.000$ I don't think so that's like a dream to me. maybe 10.000$ will possible by this year. I prefer to like healthy price icreased than fluctuatif FOMO.
Profits from people who's FOMO of course it legit but consider to people who loss because bought at hight it will causing  bad impact on regulation.

[CoinCodex]

Bitcoin following a bull flag patterns, time to retest the $6k resistance level. Read more in this TA:

https://coincodex.com/article/3539/bitcoin-price-analysis-btc-is-following-a-bull-flag-pattern-6000-could-be-next/

[De4ted]

$20,000?

Probably around 6-12 months are the halving (which is 12 months from now). I’d say we’ll reach a new ATH between late 2020 & mid 2021.

It’s going to be like a rocket from there though, expect to potentially see $100,000 per coin by 2022.

So refreshing to read this reply, though I still dont want to expect too much for this to happen as we always tell everybody that "No one knows" what is coming through.

Too much Expectations might hit you so hard.

[1BTC EQUALS 1CAR]

If you guys only aim for $20k in this year then stop dreaming for $50k and above. Because if we pursue that then we could reach all time lows after that pump. We should exceed that price and target higher so I'm fine if we started to reach $20k on 2021 because that is much a better year to make people trust btc again because even if it dropped, it will just surely play between $25k.

[uray]

$20,000?

Probably around 6-12 months are the halving (which is 12 months from now). I’d say we’ll reach a new ATH between late 2020 & mid 2021.

It’s going to be like a rocket from there though, expect to potentially see $100,000 per coin by 2022.

I really do not want to see a sharp rise like that in a short span, if that happens how can you describe it rather than calling it a bubble and the fall from that will be bad on papers too, you can make a lot of money when the price touches those valuation but the general perception of bitcoin will change and people will start seeing it as dump and dumb market and it wont be good for the market, steady growth is what we need to see in this market, but not sure whether we will see that.

[BeGoods]

$20,000?

Probably around 6-12 months are the halving (which is 12 months from now). I’d say we’ll reach a new ATH between late 2020 & mid 2021.

It’s going to be like a rocket from there though, expect to potentially see $100,000 per coin by 2022.

So refreshing to read this reply, though I still dont want to expect too much for this to happen as we always tell everybody that "No one knows" what is coming through.

Too much Expectations might hit you so hard.

Right, too much expectations will only make you disappointed, just let the market flow and keep trading. don't expect it to happen in the near term, the most important thing is that you are prepared for all that, so that you are ready when that price comes in the near or long term