Can Bitcoin Make it back to $20k ?

[whtchocla7e]

Another opinion, can BTC return $ 500 If this happens, it will be fomo or dump. What do you think about this? As for the $ 20k increase, I don't think it will happen this year, perhaps in the next few years, as the number of people who know about BTC will grow stronger.

[1715144933]

1715144933

[Ridwan Fauzi]

First of all, does this thread belong in this section? Just in my opinion this thread is really deserve belong in the speculation board.

Indeed, 2017 was surprised momment when bitcoin price creeped up even I'll say it was not from $3000 but from $900 and touch the high price i.e $20.000 at that time.

But at this time I just wanna say it's really different, there are many countries who don't have any interest to cryptocurrencies and even most of them just banned it and for the othere solution they will make their own crypto to rateably the function of cryptocurrency that can be use by their citizens.

And about Bakkt service, I don't understand when it was launched the price of bitcoin just slumped down and touch the new support which previously traded in the range above $ 10,000 but now it is trading at $8200 which is mean that is the lower price.

[Darker45]

dont be rude to everyone smile

I should have been ranting all over but because of this line I would rather not. Thanks for the reminder. Let's keep it cool, then. 

Well, first and foremost, that $3,000 to $20,000 surge in 2017 is as mysterious as the sudden drop of prices that happened just recently. And just like the recent price drop, there were also overflowing speculations and theories when that happened, news looks brilliant with all their speculations. The same thing happened when the chart suddenly turned upside down days after that.

Well, $20,000 by October of this year? That is too optimistic of you. We are only a couple of days shy and it is October already. And I cannot seem to see any sign in the horizon that says we are going to meet $20,000 very soon. How about cut the expectation in half?

[xSkylarx]

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

I don't see it hitting 20k+ this year and I prefer a slow increase rather than what happened way back 2017. Don't listen to those speculations that would make you buy because of FOMO. Just look at Bakkt, many expected it to pump bitcoin but it just dump $2k since it was opened.

[mauriek]

People hope that at the launch of BAKKT yesterday it could raise the price of Bitcoin, but we are wrong, the price of Bitcoin actually dropped even more after BAKKT was launched, and I think need time to be able to return to the price of 16k, I am a little doubt if in November the price of Bitcoin can reach $ 20k.

[jake zyrus]

It's hard to predict about the price but I believe it can reach to $20,000 but not on November since the possibility seems so low. Let's be real here, it's almost October and it's still far from reaching $16-20k. It's more possible next year but not this year so let's try not to give false hope... That's all. Have a nice day

[imstillthebest]

People hope that at the launch of BAKKT yesterday it could raise the price of Bitcoin, but we are wrong, the price of Bitcoin actually dropped even more after BAKKT was launched, and I think need time to be able to return to the price of 16k, I am a little doubt if in November the price of Bitcoin can reach $ 20k.

return to 16k usd ? i though btc was valued at 10k + usd before it falls down  .  the price now was at 8k + usd and it does not take too much time for it to return to 10k usd   . maybe a week or two we can expect that the value will be in good shape again but for the 20k usd that your talking about , i dont think thats possible to achieve until november   .   we are ending september but look at the value ,  the value is struggling and dont show any positive signs of a bull run  .  i believe 20k dream is possible next year or two   .

[The Cryptologist]

Btc is always stable at $10k and that makes me worried because the last time that btc was stable for a long time, it  dropped hard like when it was $6k and $8k in 2017 for a long time. I believe that if btc will show aggressiveness again like what happened in the first half then we can surely see it hitting back to $20k but I am also sure that next year is very bullish so maybe that is a good time for the $20k.

[CryptoBry]

As far as I can sense it, there is now a growing consensus among Bitcoin holders, lovers and enthusiasts that their favorite coin has a lesser chance of getting back to the $20K level within 2019...but there is a big possibility for that to happen next year as it is the year of halving and many positive developments are expected to transpire that can push more excitement and adoption. Now, the question is this: What if 2020 will turn out to be just another 2019 will bitcoin be falling out of flavor or will hope spring eternal?

[pieppiep]

No doubt if bitcoin will be back to $20k, it's only about time that will answer when the price can increase in that number. But now, we need to enjoy the price while we have a good opportunity to buy bitcoin at below than $10k and buy bitcoin as much as we can. Until the halving arrives, the bitcoin price might be difficult to increase so higher. We don't have to complain why the price cannot stay at above $10k and only stay below than $10k. But that is what happens in the crypto market, and we should accept it.

But we should be glad for now because although bitcoin price does not increase higher, we see altcoin is increased for a small price, so that will help us to make a profit in bitcoin or usdt. That will be another profit that we can get from trading, and if we can get the right coin in trading, I am sure that we can make a bigger profit too.

[finzyoj]

No doubt! Btc can rise and it will. The only thing we are not sure is when. Before 2019 starts, all of us thought that it's gonna be our year but unfortunately the price just play around the $8k - $10k mark so we hope again that maybe it will happen this -ber months (like just what happened last 2017) and yet nothing changes. It's September already but we're still far from reaching $20k. So I guess we will have a not so happy Christmas this year but I'm not losing hope, maybe next year will be finally good for us .

Now, the question is this: What if 2020 will turn out to be just another 2019 will bitcoin be falling out of flavor or will hope spring eternal?

If that will be the case then so be it, that's the life of a crypto holder. You only have two options to do, whether you will continue holding or decide to leave the market already. Choose wisely.

[zedicus]

Bitcoins price this past few weeks are doomed and what we hope that can help bitcoin price surge end up likely killing it and after the launch of BAKKT bitcoins price drop good amount.I think time is what bitcoin needed to get back to $20k mark again just few months or even years and we can see bitcoin up again

[CarnagexD]

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, yes it is still possible that bitcoin might back at the price of 20000$ but we do not sure when it is. Even there are a lot of people who get interested in bitcoin I still do not know if bitcoin will reach the 20000$ or it may surpass its all-time high price. It seems many people still hoping that in the last quarter of this year the price will gonna go up just like what in the year 2017 and as one of the believers of bitcoin I also hope that it will totally happen so that we may experience new bull run.

[Darooghe]

Can Bitcoin Make it back to $20k ?

All-Time High is a rare event, not a repetitive event, with all the awareness about Bitcoin we have globally, we should have been now easily at $20,000 per coin. The mistake of many is this trend is to think they are the only ones to understand what means Bitcoin but Wrong! most of the rich people on this planet have a great understanding of what Bitcoin is, but there is like 100/200 Million wealthy people on this planet and at least 10% know enough goodies about Bitcoin. Would they have invested at least 1 BTC? I don't think so.
The end of the story, Bitcoin is not attractive to the all if not most of the investor community. So seat and enjoy posting but in the near future don't expect to see much of miracles I'd say.

[trumpman]

I doubt we will see prices anywhere near 20k by the end of 2019, maybe even 2020, except we see something really big, like a big company officially embracing it.

It will get there (probably) but imo it will keep hovering around 10k possibly less.. In the meantime I will just keep accumulating, and wait for the right time to sell.

[ttcsalam]

I don't think it will go to $ 20,000 in November. Most Bitcoin traders accept November and December as a medium of entertainment. It takes enough time for trading. At that time they are busy celebrating Christmas Day and cleaning their houses.

[bitbunnny]

No, Bitcoin will not reach 20000$ this year, such predictiom is too optimistic. If it crosess 10000$ again that will be success and that might happen closer to the end of the year. Having in mind current conditions im the market 20000$ is not likely at all and also there is so little time left so price should rise very fast all the time and that is not going to happen.
Don't expect to see 20000$ as a Christmas gift.

[illnino]

bitcoin could reach 20k more or more than that, but in my opinion not for this year
a really high bitcoin surge occurred during the halving block of 2013 and 2017 ... which means the next 2021
I think now the Whales are being accumulated for 2021

In the long term, the power of Bitcoin will increase, although now it reaches its maximum values during the development of the project. It is more difficult to predict the BTC price, but leading experts say that it will take more time to reach new highs, while the cycles themselves will expand and become more stable due to increased market capitalization. Bitcoin will start to attract more large investors and traders.

[skarais]

~Snip

I agree with your opinion.  There are still many people who believe that in the long run bitcoin will increase.  Although now the price continues to fall, but I'm sure the increase will occur and large investors are waiting for that moment.
Compared to last year, on September 30, 2018 the price of bitcoin was $ 6626. It is clear that today September 30, 2019 the price of bitcoin is $ 7765 on a binance exchange. The price difference every year can be good news for me and others out there who still always believe in bitcoin.

[Hippocrypto]

Maybe it's possible to make it back for several years, but it's not taking easy when we expect it this year. It sounded frustrating to see but the reality is the naked proof. If adoption could increase again and fluctuating price will not worsen in which could pull down the price, hopefully that $20k will be achieved.