Bad days for crypto

[bolajiy123]

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

[poodle63]

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

Im not sure when the fundamental of bitcoin doesn't seem good right now and you can see that how it became the worst thing to see bitcoin gets another red pattern again due to the massive FUD around the market. im not expecting 20k but 15k should be enough with the stability.

[kawetsriyanto]

Crypto world always has its own era and season. We also know the basic characteristic of cryptocurrency, they are volatile and fluctuating (in general). However, at this time, the progress of the crypto, especially BTC is good enough, it can reach again $10k and more only in some months after very dumped price, half of the amount right now. Personally, I don't know whether the BTC can reach around $20k at the end of this year. There are several predictions, but for me, I will not hope too much. Reaching around $15 have already made me so happier.

[firmino10]

Yes this is still very much achievable. It is good to remember that after a good increase in price there is bound to be market correction and that is exactly what is happening right now.

[RapTarX]

On July 2017, price of bitcoin was around $3000, in December 2017, Bitcoin got the new ATH of $20000, therefore, I think it's possible to reach $30k by the end of this year.

[Dreamchaser21]

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

Bad days for crypto was on the level of $3k, I can't imagine if we are still on that level. $9k price of bitcoin is not bad at all, its another time for us to buy. Expensive bitcoin are still achievable, but you have to be patience and hold more bitcoin. If you do panic, you will lose simple as that so stay positive mate.

[Kevlar]

I believe that the cryptocurrency market was unpredictable. This year we can see a market capitalization of 900 billion, and we can also at 100. Have patience and do not make mistakes, due to which you will lose your capital!

[zenhu]

Nothing to worry, you just focus on movement price to get profit. Its normally situation for crypto world, sometime its down sometime its grow up. For bitcoin price, i don't expect that $20k must be reach by the end this year. Stay at $15k area is good enough.

[ashmodeus]

its still too early to say like that.
by the beginning of may btc prices just 5300-5500
and now it's already on range 9000-10000
so i guess anything can be happen, both positive or negative.

[thiscomm]

I think that will be achieved on BTC. now there are indeed many crypto prices that are down due to too much spending on new crypto money, making a shock to the old crypto eye. one of those that is badly affected is ETH, they fall too much and also due to them while increasing improvements towards v 2.0. but I am sure that the two biggest crypto eyes of BTC and ETH will return as stable at the end of the year. like customs every end of the year is always as smooth as all crypto "to the MOON".

[Ken_terrance]

20k is not impossible for bitcoin to achieve,i won't judge for now but i'm sure by year ending a stronger bullrun will take place and that will be the one to drive altcoins too

[pishite]

I would not call it bad days, since Bitcoin still cannot get its stable exchange rate. Permanent carousels up and down. I would like to see the price higher on the coin, but most likely it will be closer to winter. But I can be wrong, kryptorynok thing is not stable!

[Argoo]

On July 2017, price of bitcoin was around $3000, in December 2017, Bitcoin got the new ATH of $20000, therefore, I think it's possible to reach $30k by the end of this year.

However, it should be borne in mind that now is not 2017 and the situation is different now, including that many still remember the consequences of the rise in Bitcoin prices at the end of 2017. Now we traditionally have a decline in business activity of the cryptocurrency market until the beginning of autumn. From September we expect good Bitcoin growth by the end of the year. The achievement of Bitcoin prices by the end of the year to $ 20,000 this year, in my opinion, is not realistic, it is possible next year.

[jonaire99]

It is still achievable in the last quarter of this year barring any unfkreseen events. Bitcoin might go sideway in this remaining months of third quarter but as a result, many altcoins might also go up and a brief altcoin season might be ensued. Altcoins like ethereum, xrp and litecoin may able to recover their prices temporarily but might still go up if bitcoin start its rally again but it will depend on how fast is the uptrend of bitcoin.

[kingpin4321]

although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

bitcoin drop this week my happiness we are in July and got five months for bitcoin to turn things up.  $20,000 it's possible.
Bitcoin rose from $3000 to almost $13000 this moved investors to get back to bitcoin

[cbcbct]

bitcoin drop this week my happiness we are in July and got five months for bitcoin to turn things up.  $20,000 it's possible.
Bitcoin rose from $3000 to almost $13000 this moved investors to get back to bitcoin

In fact, bitcoin fall is a good news and good support for altcoins. It means there are good days for altcoin investors, while there are bad days for bitcoin investors. They are different investors, whom invest in opposite assets, and they do have different, opposite feelings within same period, in the same market.

[peterlustig]

Anything can happen in the crypto world. We can still go to 20k by the end of the year and there's also a possibility that we can enter another phase of a bear market it's really hard to predict how the market will be in future. But I for one is rooting for 20K

[Gayong88]

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

You are right, in this month Bitcoin has decreased very drastically this is not detached from the statement of the policy that was expressed by high-ranking officials who have authority related to the application of the use of bitcoin which makes market sentiment decline

[EdenHazard]

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

Did you remember when bitcoin price had increased when its price in $3500? If you don't let me tell you, bitcoin price was increasing at $3500 to $13000 in two month if I'm not mistaken. Which is mean the decreasing price at this time doesn't give an effect for a price increase to $20,000 or it may exceed the price. I still have a confident that bitcoin price will past $20.000 at the end of this year. I only see at the halving event at May 2020, this event will make bitcoin price meet a drastic increase price.

[Lantind]

Yes this is still very much achievable. It is good to remember that after a good increase in price there is bound to be market correction and that is exactly what is happening right now.

Can you clarify more about market correction? because the increase and decrease in prices in the market always occur from cause and effect, so I am a little less aware of the market correction that you mean.