Bitcoin suddenly soared this week

[bolajiy123]

Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days, Many cryptocurrency experts and analysts were quick to suggest that bitcoin's rise in tandem with the fall in the yuan means it's becoming a safe haven asset, despite its extreme volatility and no one being able to accurately predict what bitcoin will do next. Do you think Bitcoin can still hit 20,000$ by the end of the year

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[lolgato1]

Sell when others are greedy and buy when others are fearful - have you heard about this statement?
Everyone is predicting a growth when Bitcoin is growing.  But do not forget about corrections and fake breakouts.

[ichai]

Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days, Many cryptocurrency experts and analysts were quick to suggest that bitcoin's rise in tandem with the fall in the yuan means it's becoming a safe haven asset, despite its extreme volatility and no one being able to accurately predict what bitcoin will do next. Do you think Bitcoin can still hit 20,000$ by the end of the year

I don't think it will increase easily to $ 20000. Because the market will adjust prices. That comes from investors being tricked by whales when buying multiple coins at the beginning of 2018 and losing money entirely in 2018.
We will have a lot of waves so we can earn profits in the coming days by trade.

[Lagduf]

It may happen and i hope that yuan will be plunged even more and more chinese will try to buy bitcoin. If this will happen in every month and i believe 20k looks so easy to be achieved by bitcoin dude.
I hope those countries are prohibiting bitcoin will get plunged on their fiat currency.

[sandra_x]

predicting the next move of bitcoin is sometime likened to rolling a set of dices, you can be certain which way they turn out. The only thing every smart person can say for sure is that we are having a rise in value long term as adoption grows gradually.Getting some bitcoins at a fair price for long term is something worth considering.

[maydna]

Bitcoin price will increase more, but it will not reach $20k in a short time as we see the price cannot break the higher price and still moving from the low price to high price. We should be worry if the price is down after this because usually, after the price increase, it will get down for a moment and this time, we don't know until how much the price will be down. So it is better to take the profit first before the price is down, but many people still hope that the price can break the higher price this month.

[Crazypeach14]

I'm not sure when, but I'm sure btc will reach 20k again. When it comes to the current rise--there may be thousands of reasons for it.

[ModanaLee]

Same question I have been asking too... Can bitcoin see 20k$ by December? Despite the current uptrends in bitcoin am being hopeful @15k$. Quite achievable before December.

[xenomorphe1]

I don't really think that Bitcoin can reach $20000 on this year. Its highest price was $14000. Current dominance is 70% and a lot more than in 2017 when it succeed to reach $20000. But that's my opinion.

[nwosuchristabe2]

There's actually no perfect prediction about bitcoin, because of its inherent volatile nature. I would advise that we take profit after some level of increase, because the market always corrects itself after a while. I do hope that we have more steady increase in the value of Bitcoin as the year progress.

[buyasicru]

Same question I have been asking too... Can bitcoin see 20k$ by December? Despite the current uptrends in bitcoin am being hopeful @15k$. Quite achievable before December.

we are in new 4-year cycle - and will see much more than 15k by the end of the year

[proTECH77]

I'm not sure when, but I'm sure btc will reach 20k again. When it comes to the current rise--there may be thousands of reasons for it.

I have said this time without number that; the target of the next bull run is aim or targeted at $20k and any one waiting ath the &50k and above will have themselves to blame. The recent soar of the price of Bitcoin was not a real soar but that if the shirt time manipulation of the market, whenever the price of Bitcoin saor without be backup with volume, known that its will suddenly crash back.

[Perfect35]

There could have been a reason behind the surge. For a sudden uptrend in trend like this, it is always better you sell to take your profit, else you will see it plunge, just as it has happened between yesterday and today.
It is also possible to for bitcoin to rise above it's previous ATH.

[charlop24]

Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days, Many cryptocurrency experts and analysts were quick to suggest that bitcoin's rise in tandem with the fall in the yuan means it's becoming a safe haven asset, despite its extreme volatility and no one being able to accurately predict what bitcoin will do next. Do you think Bitcoin can still hit 20,000$ by the end of the year

I personally believe that Bitcoin could surpass even $20,000 before the end of the year. Bitcoin has the potential to be much more higher especially due to the halving which would be coming up next year and the great recognition its getting from different countries and organisations.

[Samboo]

There are many factor that affects price of a coin the market. One of the main factors is good news surrounding cryptocurrency. There were fears that the US would ban cryptocurrency following its strict measure on Facebook's libra. But no step in this regard followed. It means cryptocurrency has already entered mainstream. Maybe this is a reason behind bitcoin's price increment.

[gunhell16]

The rise of BITCOIN this week is the slide of ETHEREUM in the market.
I think there are many people now choosing BTC than ETH at this season.
I dont know why but i will choose to hold both!

[Plinteng]

yes I have also observed the movement of bitcoin prices this week soaring slowly, to reach the price you mean I think it can happen at any time, even before the end of the year or after the end of the year. the most important if you have an investment in bitcoin / altcoin always monitor market conditions so you don't lose the moment to sell

[confreslamp]

I am very sure that BTC would be worth much more than 20k at the end of this year. So much announcements are coming and will take place till December, so there is no other way for BTC to stay on the same point.

[Rikotin]

as long as the price of bitcoin on the following day remains stable, it is probable that bitcoin has a high price increase opportunity before the end of this year, I am very confident with the potential of bitcoin, bitcoin will show its exit value before the end of the year can even exceed the price of $ 20,000

[shinratensei_]

i would not feel that as a surprise consider the bitcoin has broken it a few weeks ago, but it looks like the trade war and the down of yuan becomes the main reason to create more strong support for bitcoin. When this situation will still continue and bitcoin can take a lot of advantages from this situation. i hope more people will realize the true value of bitcoin very soon.