Can Bitcoin Make it back to $20k ?

[Faxmate]

There is a reason why bitcoin price surge in 2017
from three thousand us dollar to five thousand then goes up to 20k
during that time bitcoin is Introduce to public  and they are slowly
getting interest to invest on crypto , suddenly it started a bull run
and the public goes crazy over it excitement and everything
they buy bitcoins to hoard, then a news breakout china is banning bitcoin and exchanges, also closing mining firms, all kinds of fud
release over the internet, and the price declines
Now bitcoin is under fire again with Bakkt first day of trade price crumble again but slowly regain, they say october is the time that it will reach 16k are we gonna see 20k+ by november ?
feel free to share your thoughts dont be rude to everyone smile

Actually, we never knew when bitcoin will pump again just like it had before but I am pretty sure that it will happen, bitcoin will get it back like it was before or even more. All we can do is to wait and HODL if you are going for long term investment, grab all the opportunity ahead and be ready for next pump. Actually, it is vague if bitcoin will truly hit 16k this October but as for sure purchase now as long as the price is not high.

Bitcoin has maximum chances of repeating 2017 itself in 2020 and we shall not depend on news from markets that are portraying bitcoin as something negative. If you want to hold bitcoin for long time, the most important thing for staying patient and calm regarding dumps is to avoid rumors about bitcoin. Try to read optimistic views of experts. By the end of 2019, it would be near 15k dollars almost.

[d3nz]

There is a reason why bitcoin price surge in 2017
from three thousand us dollar to five thousand then goes up to 20k
during that time bitcoin is Introduce to public  and they are slowly
getting interest to invest on crypto , suddenly it started a bull run
and the public goes crazy over it excitement and everything
they buy bitcoins to hoard, then a news breakout china is banning bitcoin and exchanges, also closing mining firms, all kinds of fud
release over the internet, and the price declines
Now bitcoin is under fire again with Bakkt first day of trade price crumble again but slowly regain, they say october is the time that it will reach 16k are we gonna see 20k+ by november ?
feel free to share your thoughts dont be rude to everyone smile

Actually, we never knew when bitcoin will pump again just like it had before but I am pretty sure that it will happen, bitcoin will get it back like it was before or even more. All we can do is to wait and HODL if you are going for long term investment, grab all the opportunity ahead and be ready for next pump. Actually, it is vague if bitcoin will truly hit 16k this October but as for sure purchase now as long as the price is not high.

Bitcoin has maximum chances of repeating 2017 itself in 2020 and we shall not depend on news from markets that are portraying bitcoin as something negative. If you want to hold bitcoin for long time, the most important thing for staying patient and calm regarding dumps is to avoid rumors about bitcoin. Try to read optimistic views of experts. By the end of 2019, it would be near 15k dollars almost.

If the value of bitcoin reaches more than the ATH then what will happen after the following months? Does the price will be at stable at its current value? There is so many question about the value if it will rise and were hoping the value will surpass the all time high price.

Making a prediction is easy but we don't know what will happen in the future and i am very bullish that bitcoin and some altcoins will go uptrend.

[Dr.Osh]

Won't happen this month, but bitcoin *will* get back to its all time high eventually, and I've been saying it for a few months now.  The old spark of interest just needs to get back into the market, and we've seen a little of it lately.  I'm hoping at some point next year it'll happen and hopefully no sooner.  I'm not one who's always hoping bitcoin will hit $20,000 within a month, because that would be too quick.

Very healthy I must agree. 20k will come, but with a gradually process.

You get it, unlike so many others here who don't understand markets or why bitcoin crashed in 2018 and took so long to recover.  I don't want that again and I'm not sure why so many others seem to.

Won't happen this year, actually, and yes, the tendency is to believe that Bitcoin, if it continues at this pace in terms of fundamentals, that price is not only achievable, it's inevitable.

But just because you've been saying it for a few months don't mean it'll happen. Lots of other experts have been insisting on the same for months stretching back to even 2018.

Mind you, just because guys like me keep saying it won't happen don't mean it won't either;)

people are indeed starting to make spectacular predictions about bitcoin, unfortunately, I'm also not sure if the price of bitcoin can reach a price of $ 20k this year, even the opportunity is very small. however, we always argue that the price of bitcoin can reach $ 20k by 2020, but it's not clear when this will happen.

this is the same as the CEO of binance mentioned on his status on twitter, he feels that the price of bitcoin can reach the level of $ 16k. however, the most important thing to underline is his words that say "so easy to predict prices, it's just hard to predict the time"

[jhonjhon]

In my own personal opinion, bitcoin could really get back it's price up to 20k USD, but not for now it can't because bitcoin is still recovering it's price from it's downfall in the year of 2017. I think bitcoin could reach it's 20k USD price in the year of 2021 because bitcoin halving will happen in the starting year of 2020.

Almost all crypto users say that the price of bitcoin will reach $ 20000 by 2020, and they say that because of Good information support. although like that, we don't know exactly when the price of bitcoin can reach the price of $ 20000 by 2020, but many people analyze that the price of bitcoin will arrive at the price of $ 20000 in May 2020.

Well it's nice to hear all these speculation because it kinda excites me but please be reminded these are mere speculations meaning it may or may not happen. I'm not saying that bitcoin will not reach $20k, I know it will reach that point but we just don't know when, no one can really say the exact time, it can happen probably early next year or maybe a year after, better enjoy what we have now while waiting for that moment.

[logicgate]

In my own personal opinion, bitcoin could really get back it's price up to 20k USD, but not for now it can't because bitcoin is still recovering it's price from it's downfall in the year of 2017. I think bitcoin could reach it's 20k USD price in the year of 2021 because bitcoin halving will happen in the starting year of 2020.

Almost all crypto users say that the price of bitcoin will reach $ 20000 by 2020, and they say that because of Good information support. although like that, we don't know exactly when the price of bitcoin can reach the price of $ 20000 by 2020, but many people analyze that the price of bitcoin will arrive at the price of $ 20000 in May 2020.

   Due to volatile nature of bitcoin, no one is able to point out the exact day or month of 2020 when bitcoin will be going beyond 20k dollars but there is a range given by experts. Most of the people are speculating that bitcoin will reach this magnificent price in the first quarter of 2020. So in short bitcoin supporters do not have to wait so long now. We are already approaching the end of 2019.

[pealr12]

$20K price of bitcoin is now easy to achieve because of these things
So many expactations about price will go above 100,000$
Bitcoin halving next year
President of china introduces blockchain
More and more companies accepting crypto as payment.

[gabbie2010]

$20K price of bitcoin is now easy to achieve because of these things
So many expactations about price will go above 100,000$
Bitcoin halving next year
President of china introduces blockchain
More and more companies accepting crypto as payment.

These are valid fundamentals that is capable of pumping the price of bitcoin to $20k, the price had ranging above the $9K support for many days now shows that the price would not pullback and  touch the support $7K as widely speculated however your predicted price mark of $100K is not feasible I believed in 2020 crypto market will thrive based on all these positives news which will serve as catalyst that would triggers the expected bullish runs.

[dishku]

$20K price of bitcoin is now easy to achieve because of these things
So many expactations about price will go above 100,000$
Bitcoin halving next year
President of china introduces blockchain
More and more companies accepting crypto as payment.

These are valid fundamentals that is capable of pumping the price of bitcoin to $20k, the price had ranging above the $9K support for many days now shows that the price would not pullback and  touch the support $7K as widely speculated however your predicted price mark of $100K is not feasible I believed in 2020 crypto market will thrive based on all these positives news which will serve as catalyst that would triggers the expected bullish runs.

It is much hard to predict where this market go to but recent development showing a wonderful future is just ahead I believe before halving event price could touch $20k easily and than it will keep moving to achieve further milestones. $100k is not a big task if BTC will keep moving with current momentum.

[bitbunnny]

Don't be so focused on 20000$ like it's some magic number. Of course that price is possible again but you have to look the overal situation in the market and current price environment. At this moment this is not very likely to happen and neither in near future. So why don't think in more realistic way and how to use current situation on the market instead of waiting for miracle to happen.

[owengtam09]

for sure bitcoin can back to 20000 usd per btc. market already suffre from crash since the huge rise in history of bitcoin from mid 2016 till now . bitcoin now is strong more than anytime and price will rise to level 20000 at latest next year 2020 with and it will stable there for time then it can rise to other high price

For me, bitcoin will have a hard time to reach 20000 again this year or maybe next year. As of now, we see bitcoin is really having a hard time but I still see potential with it, maybe it will rise but it will not reach 20000 again that fast. As what I observe the year 2017 has a lot of scammers using bitcoin to scam big investors. Maybe that is also why bitcoin value drops again so hard because bitcoin investors didn't trust bitcoin because of what happened.

[secretgirl]

Don't be so focused on 20000$ like it's some magic number. Of course that price is possible again but you have to look the overal situation in the market and current price environment. At this moment this is not very likely to happen and neither in near future. So why don't think in more realistic way and how to use current situation on the market instead of waiting for miracle to happen.

Yes, agree with you, now that we are at the end of the year there is no way that bitcoin will reach $ 20,000 this year. I wonder with some people why they always think of a bitcoin increase. no need to think hard bitcoin will definitely go up. we just need to be patient and wait. rather than the time we used up to think about increasing bitcoin which is not necessarily better we use our time to collect bitcoin. we can participate in faucets or projects that pay us with bitcoin. like the project that I'm currently taking on.

[peempeem]

Definitely it can and I believe it will but it's not clear how long that will take.

If you're in it for investing, I would suggest not to obsess over it too much as we could be waiting a while.

Actually, better to concentrate on fiat earning endeavors and then convert some of that fiat into crypto.

Wait MINIMUM 5 years if HODLing. It'll go past not just 20k but probably 100k too.

[d3nz]

There is a speculation that it might hapoen soon but just to make sure that we will not be left behind if it hits $20k then we need to accumulate more. And it think more people will get interested again once it reach above the ATH.

And as you know a lot of people will invest again in cryprocurrencies once they see the big potential of this technology and making a huge profit and not like the stock market that it would take time and not 24/7 market.

[TinaK]

I believe Bitcoin price will attain the value around 10k at the time of Bitcoin halving and after that like we see in 2016 halving we will find the decent growth in the bitcoin marketplace.
Kindly ignore the negative speculation and go to investment now to make the profit and I personally exchange the cryptos for BTC it will help you sure.

[bohr]

Definitely it can and I believe it will but it's not clear how long that will take.

If you're in it for investing, I would suggest not to obsess over it too much as we could be waiting a while.

Actually, better to concentrate on fiat earning endeavors and then convert some of that fiat into crypto.

Wait MINIMUM 5 years if HODLing. It'll go past not just 20k but probably 100k too.

If you are interested in being invested in bitcoin for the long term then it does not matter if it happens during the next months or if take years for bitcoin to reach those levels again, so you should concentrate in accumulating all the coins you can, but if you are a trader then when it could happen is really important, many thought we were headed towards those levels when we hit 14k during this year and then the price has been going down since then and now there are speculations we could reach those levels at the end of this year but personally I think it is still too soon for that to happen.

[StayFly]

In my own personal opinion, bitcoin could really get back it's price up to 20k USD, but not for now it can't because bitcoin is still recovering it's price from it's downfall in the year of 2017. I think bitcoin could reach it's 20k USD price in the year of 2021 because bitcoin halving will happen in the starting year of 2020.

Almost all crypto users say that the price of bitcoin will reach $ 20000 by 2020, and they say that because of Good information support. although like that, we don't know exactly when the price of bitcoin can reach the price of $ 20000 by 2020, but many people analyze that the price of bitcoin will arrive at the price of $ 20000 in May 2020.

Due to volatile nature of bitcoin, no one is able to point out the exact day or month of 2020 when bitcoin will be going beyond 20k dollars but there is a range given by experts. Most of the people are speculating that bitcoin will reach this magnificent price in the first quarter of 2020. So in short bitcoin supporters do not have to wait so long now. We are already approaching the end of 2019.

The bitcoin price will recover back to $20,000 but the issue is when? To be realistic, no one really knows the exact answer to that maybe by the end of the year 2020. The bitcoin price is currently on the path to recovery, it started from $3200+ to reaching almost $14,000 all in this year. Perhaps, very soon the entire market will recover as well.