Bitcoin suddenly soared this week

[Lizzylove1]

I love the way the bitcoin suddenly started to rise on Sunday night. I was teaching some youth about bitcoin, I gave them class work and they all got various bitcoin price quotation and the next day about $1,000 has been added to bitcoin and they were all amazed.

[prehisto]

It was not so sudden after the step by step continues upwards movement started. Now we had this jump which was logical continuation after this step by step increase . BUT btc did not reach new high, this could be bad, if it wont do it in near future, there is very good chance btc is going very low.

[Taufik blackspade team]

I actually predict an increase in bitcoin occurs more than this. now it looks like the first stage of pumping and there will be more pumps from bitcoin. Until this year, Bitcoin will experience a great growth. but we must all be careful of the market pitfalls that allow dumps to occur at any time even if the market is pumping.

[shadowduck]

I think that 20 thousand is a very easy goal for bitcoin this year. we will definitely reach this mark, but also it may be higher

[Coltpython]

I think in the next 24 hours, bitcoin will head back to 12k region. So day traders should get ready for it. The fall in the Chinese currency is largely responsible for this pump in Bitcoin and I think it can be sustained till it gets to 14k.

[numanoid]

I think that 20 thousand is a very easy goal for bitcoin this year. we will definitely reach this mark, but also it may be higher

If 20k thousand dollar is very easy, we didn't need to wait for more than 2 years after it touched $20k in 2017. The fact we even have to wait and patience when it dropped to $3k.
Lets not talking about bitcoin prediction at $20k again, even stable on $13k is hard for bitcoin because it always dumped after reached $13k.
P.S wrong board, this is altcoin section

[MCDev]

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.

I also believe that the BTC will soon pass 20k$. Currently the BTC has continued to go up and it has surpassed 12k$. This month, if the market does not collapse, we will see that BTC has reached 15k$

[swiftbits]

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.

Indeed! Bitcoin is always getting positive feedback from people and consider it as a worth-it investment hub, many new people come to this community and now that we're getting great results and profit would give them insights and positivity on what long-term investing can benefit.

[Icologies]

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

all that is possible because crypto is fluctuative, where prices can change significantly over time without us knowing it. I think this is very positive for fans of bitcoin and altcoin because altcoin will also be affected by bitcoin which is experiencing an increase.

[Alisha FR]

expert analysis can be right and wrong, but to reach $ 20k in 2019 will be a little difficult, because I think Bitcoin has not reached its peak position, and also does not suit all fields of industry in the real world, if bitcoin has already been approved in the real world then the price bitcoin can never be predicted again, it might even reach a price of $ 50K more.

[el kaka22]

The difference this time around is that people didn't expect this, it happened as a surprise and bitmex wasn't ready for this neither, there has been a lot of talk about how margin trading is only sustainable if the price moves reverse of what people say and even if it goes the way people say it should not be insane so that it could be covered but this seems like a sudden and a huge one so it could be totally unexpected.

When people all expect bitcoin to go up and there is a hype going on and people assume higher prices are given, the market stops because it never does what you expect it to do, why would others let you profit from something obvious when they can instead. However when it goes up unexpectedly that is when the real deal actually starts.

[jcarlo]

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

Many analysts expect the price of bitcoin to reach $ 20k at the end of the year. Maybe the target is realistic if we look at price movements this year, with transactions and increasing dominance in the market, I think bitcoin can reach $ 20k

[TastyChillySauce00]

After seeing that the US government saying that yuan's fall is a manipulation, I could somewhat guess what will happen next. The economy war will still goes on and some people might consider cryptocurrency to save their assets despite the volatility. However, doesn't necessarily means that most of people will do that. This bitcoin sudden soar in my opinion is caused by the hype of that news.

[Khuongcute2503]

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

Of course, that is absolutely possible. I predict it could reach $ 30k by the end of the year. The war of currency increases, countries must choose Gold, BTC is safe haven. In addition, I also learned an interesting information that North Korea bought BTC by 200 billion USD.

Hope this information can help you make a good reference. Don't consider this an investment advice.

Good luck to you bro!!

[Jannyh]

The rise is expected, it is one of the most valuable coins to hold, but as for the price getting to $20000 no one can really tell, but very much possible. Crypto space is really unpredictable.

[Freescan]

maybe the rising price of bitcoin right now is because of the many positive news about crypto, I hear many companies claim that bitcoin will go up and many support the crypto market. and maybe that's one thing that affects the current price of bitcoin besides it also seems that many investors are investing in bitcoin at this time.

[BUK2016]

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.

What are you then  saying that Bitcoin will not get to $50,000 in time to come?  Same thing was said when bitcoin value was below a thousand dollars and people were busy saying it will not and will never grow up to a thousand dollars but what are we seeing at the moment.
For those who believe or have the mind that Bitcoin will continue to rise in value should remember that what goes up must come down and what is down today will still go up one day.

[old fart]

I don't know if it is OK to say that these analysis most times aren't really reliable, some whales might just decide to dump or pump it using large volumes. We with low quantity just pray not to play into their gallery.

[Utoy101]

It's 100% possible for bitcoin to reach $20k before the end of this year if there's a lot of hype from Crypto influencers just like they did in the 2017 bull run.

[xiboothrezi]

Everything was in anticipation. The current market has uptrend and it is not surprising if the BTC price increases to 20k $ in the near future, our need to buy now and hold

The trend that happened is quite positive lately. This is a kind of signal that the market is getting better, especially when there is a moment of halving bitcoin. Many predictions that bitcoin will break new records. Wait and see, take advantage of this opportunity by conducting in-depth analysis.