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Author Topic: Bitcoin suddenly soared this week  (Read 675 times)
jarhed
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August 08, 2019, 08:19:12 PM
 #41

Everyone has long been waiting for this growth.  In my opinion, everything is very predictable for cryptocurrency.  In the near future, Bitcoin will be equal to $ 15,000 after correction.
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August 08, 2019, 08:23:04 PM
 #42

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
Safe haven asset? I'm a bitcoin enthusiast but I don't believe on such line.Its would never become a safe haven thing.Predicting bitcoins price on next days or months or years to

come?This had been always the question of all investors/traders/supporters of bitcoin since on the beginning but no one can actually get the precise thing.
Soaring up on weekdays and dumping on weekends seems a pretty normal routine as I had observed.

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August 08, 2019, 10:26:58 PM
 #43

When BTC soared high especially yesterday, I saw many articles about BTC being a safe haven. Just this moment, the price went down to an extent. This proves that volatility still remains a major characteristic of crypto. About BTC hitting 20k$ in future, I think it's very feasible.  A mainstream rumour can blow the price up. 

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August 09, 2019, 12:01:46 AM
 #44

bitcoin increase over the past 1 week is not for any reason, but because indeed after almost 1 month the price fell in July, btc prices should start to rise to penetrate the area of 16,000 USD and after that it will penetrate the area of 20,000 USD,
and I believe that BTC can penetrate the area of 20,000 USD.
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August 09, 2019, 02:30:50 AM
 #45

It the growth of bitcoin still stagnant and there will be no a lot of FUD come soon and im never feeling doubt if the price of bitcoin can reach that rate. people are still accumulating more and more bitcoin because it can be used for so many things. bitcoin is more than only a payment system but it has represented the economic freedom for us from the strict regulation that prevents us to do anything. 20k looks so easy

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August 09, 2019, 11:51:34 AM
 #46

Many time we predicted bitcoin rises but it always happen when we never expected it. What we have now is pretty good for those that invested in bitcoin when the price was lower. Another thing we need is the stability of the price  so we can put more into it. Bitcoin will continue to rise.

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August 09, 2019, 02:51:02 PM
 #47

I think with the current world situation is very volatile, so I think this year bitcoin will grow very strong, likely to outperform 2017. Let's wait for that
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August 09, 2019, 04:42:15 PM
 #48

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.
I think you are right, we really need lots of cryptocurrency influencers to do their work again this time around, I guess people are already used to the ones we have in the market already, in the like of tom lee and few of them, we need notable people to make investment in bitcoin, because that is the only way that would make them to influence the market through their speech.

Aside these influencers, I am also expecting the IEO project to grow very well this last quarter of the year and add its own effect too to the current uptrend just like ICo did in 2017 when many people understood what blockchain  technology was and established lots of projects that were quite attractive to investors. I am also optimistic about the price of bitcoin to soar this year ending.
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August 09, 2019, 05:34:29 PM
 #49

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
Hopefully this is achieved. But I think for the end of the year, it's hard for bitcoin to earn or reach $ 20,000.
Right now, I see coinmarketcap, the price of Bitcoin is at $ 11,786.74
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August 09, 2019, 09:11:33 PM
 #50

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
Yes bitcoin shows a bullish trend , I think it can continue further , as the market began to recover , and I think by the end of the year we will be able to reach $ 20,000 for bitcoin.

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August 13, 2019, 06:35:41 PM
 #51

The price of bitcoin is still on track with my predictions, I said that we are going to see a moon in the price of bitcoin, though at the third quarter of the year and this is the same experience we are now having in the crypto sphere, there was a balance in the pricing of bitcoin between $9500 - $11400 and now we are beginning to see an increase in price which might drive the price of the coin to about $20,000 before the fourth quarter of the year ends, so my advice is to those who don't own bitcoin should try getting some for themselves in order to make a reasonable amount of money.

Right now prices are falling below $11k but some people are suggesting to buy more around $10,500 levels with the short term target of $15k. Lets hope for better things to happen around bitcoin markets as I am personally expecting markets to test a new ATH in coming months.

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August 13, 2019, 07:51:08 PM
 #52

Today makes it barely a week from your post and Bitcoin is in a free fall again.  -  8% withing the last 24 hours looks alarming, but there is no reason to conclude that will stop bitcon from reaching the $20,000 you predicted for before the end of the year.
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August 13, 2019, 08:48:12 PM
 #53

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 read many different cryptocurrency news portals where opinions are published on this subject. Based on which I can conclude that no one knows exactly what will happen to the price of Bitcoin at the end of 2019. I would like it to grow strongly, because if Bitcoin grows in price, then altcoins will also someday start to grow in price.

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