Can Bitcoin Make it back to $20k ?

[FanEagle]

It is possible that this drastic drop leads to bull run for us really, as the piece is cheap for people that wants to use the bakkt platform, and many people too will rush to want to buy it at this price when they see sign of recovery, one reason why we have not really see rush as this price dropped to $8k is because many people are still patient to see if that is the final drop for now or it could still drop further.

once they get it clearly now that it is the final drop the moment there is sign that it wants to recover, I am sure that the bull run will trigger and we will see the price start mooning again which could see us go close to that $16000 dollars as early as October before we see it crumble again to the semi bear market ahead of the next final bull run that will occur next year.

[White sugar]

$20K is inevitable because Bitcoin is not being used less or is less know than in 2017, on the contrary. Also 2.5x rise or fall in price is nothing if you consider the Bitcoin price history. The price should go back to the ATH this year, or next year at worse. Now is a good time to accumulate more bitcoins.

[ene1980]

We need more development and adoptation yo be able to increase the demand in cryptocurrency.

What kind of development you are waiting to happen in this market, any idea on how to increase the demand  .

The most answer to this is we do not know when bitcoin can make it back to that value. On my view, I think not this year probably the following year. Once more adoption and more demands the possibility is high to reach to 20k.

So both of you accept on one thing, more adoption and demand will boost the price  .

Right now, there are two questions in this section that makes me laugh so much when I see them.

These are fun threads to have some laugh. Mods will close these kind of thread after a while and the same topic will start again and it keeps on continuing just like that.

The price should go back to the ATH this year, or next year at worse. Now is a good time to accumulate more bitcoins.

I do accept the fact that it is the best time to accumulate more bitcoin.

[ardentvolcanoes]

It is possible that this drastic drop leads to bull run for us really, as the piece is cheap for people that wants to use the bakkt platform, and many people too will rush to want to buy it at this price when they see sign of recovery, one reason why we have not really see rush as this price dropped to $8k is because many people are still patient to see if that is the final drop for now or it could still drop further.

once they get it clearly now that it is the final drop the moment there is sign that it wants to recover, I am sure that the bull run will trigger and we will see the price start mooning again which could see us go close to that $16000 dollars as early as October before we see it crumble again to the semi bear market ahead of the next final bull run that will occur next year.

The market influence the movement of bitcoin, without any further interest it will not proceed to rise back from the last time ATH. behavioral concern with investors next targets. if there's many more people to buy again and new players will bring more funds it will possible to happen maybe in the mi of next year. Time for keep buying those available cheap coins inside the market while waiting for another pump.

[Malsetid]

We need more development and adoptation yo be able to increase the demand in cryptocurrency.

What kind of development you are waiting to happen in this market, any idea on how to increase the demand  .

The most answer to this is we do not know when bitcoin can make it back to that value. On my view, I think not this year probably the following year. Once more adoption and more demands the possibility is high to reach to 20k.

So both of you accept on one thing, more adoption and demand will boost the price  .

Right now, there are two questions in this section that makes me laugh so much when I see them.

These are fun threads to have some laugh. Mods will close these kind of thread after a while and the same topic will start again and it keeps on continuing just like that.

The price should go back to the ATH this year, or next year at worse. Now is a good time to accumulate more bitcoins.

I do accept the fact that it is the best time to accumulate more bitcoin.

Lol i think there have been quite a lot of threads about bitcoin going back  20k even from last year. Some comments are basically the same though of course, these threads discuss only speculations about what btc price will be in the next few years. Majority of us i think, believe that 20k is not the final ath since crypto is generally still at an early stage. It's just a question of how long people are willing to hold on to their assets.

[samcrypto]

Reaching the price back to $20,000 is probable but it might take sometime. The prices are slowly recovering and I think this increase is healthier than havong the price pumped in a surge. We need more development and adoptation yo be able to increase the demand in cryptocurrency.

Time is the only question here because we know that bitcoin is capable to do a better pump but right now its not good to talk about the new peak because it is still dump. Bitcoin should make new ATH or else it will go lower and die which can be the worst scenario with bitcoin and it can stop the run of cryptomarket.

[Capt00]

Reaching the price back to $20,000 is probable but it might take sometime. The prices are slowly recovering and I think this increase is healthier than havong the price pumped in a surge. We need more development and adoptation yo be able to increase the demand in cryptocurrency.

Time is the only question here because we know that bitcoin is capable to do a better pump but right now its not good to talk about the new peak because it is still dump. Bitcoin should make new ATH or else it will go lower and die which can be the worst scenario with bitcoin and it can stop the run of cryptomarket.

The market really not good to see especially for altcoin but what we can see Bitcoin is still in good shape. But it isn't enough to make a huge pump that surprises us again just like it did last 2017 bull run. In myself, I'd never chasing bull run again but to be satisfied enough of what Bitcoin can give to us today and in the coming days. Cause chasing bull run again is just giving us desperation especially when the market fails just like what it happen last year.

[MCDev]

I am pretty sure that Bitcoin will return to the $ 20k price, but that will not happen in 2019. I think it will be possible until the end of 2020 for Bitcoin to return to the $ 20k price.

[Upgrade00]

I predicted a few months ago that bitcoins would be worth over $15k per coin by the end of September, cause I was extremely bullish at that time. Now? Not so much. The price is tied down to so many factors, and that makes it difficult to predict what direction we are going to go.

Ideally, we could get to $20k before the end of the year, as every value is plausible. But realistically, I don't think we'd reach the all time high this year, or surpass it.

[peter0425]

Reaching the price back to $20,000 is probable but it might take sometime. The prices are slowly recovering and I think this increase is healthier than havong the price pumped in a surge. We need more development and adoptation yo be able to increase the demand in cryptocurrency.

Looking for that $20,000 value again is like a dreaming for something that you really don’t understand,market has been cruel for long time and now still continue to ask for high value
Market is showing enough for people to trust the capability yet insisting that price must grow faster and when they fail and end up losing will blame others.

[Oasisman]

Ideally, we could get to $20k before the end of the year, as every value is plausible. But realistically, I don't think we'd reach the all time high this year, or surpass it.

I still doubt if we could even get closer to the ATH judging how the market behaves nowadays. We've seen a lot of positive news in crypto space lately, but the result we expected from the price went the other way. Bakkt was a very bullish news remember?

I might say, I'll give Bitcoin till 2020 halving we will hit another ATH. The market really needs to recover after a long bearish run.

[owengtam09]

In my opinion, it is now hard for bitcoin to reach $20,000. Why? For me, the reason why bitcoin price goes up last 2017 because also of SCAMMERS. Why again? They use bitcoin for them to gain a lot of investors, BIG investors. They put a lot of money with bitcoin that's why the price of bitcoin increases at the same time, a lot of us put our money with it, most of us believe that bitcoin will gain its price more. Then after that, scammers get their money to bitcoin that is also why bitcoin goes down fast also. A lot of big investors think that bitcoin is a SCAM which is not because they put their money with those scammers and not exactly to bitcoin. Why do I know about it? Because there is a scammer here in our country who does it and expose what they do.

[AliMan]

I am pretty sure that Bitcoin will return to the $ 20k price, but that will not happen in 2019. I think it will be possible until the end of 2020 for Bitcoin to return to the $ 20k price.

  Agree price will take long time to become same as higher. We should continue holding until it become better as we expect it. And time to time we can invest it will make profit. It is not possible in one year we will have hold our investment it will make huge increase in price we should buy as much is possible and just focus to hold.

There's no certain date and time to see that price of $20K to be obtained, and as far as the trend right now it's very slow to gain. Sadly the market response isn't progressive, although there's still people who continue patronizing bitcoin but the FUD was increasing and tried to pull it down. I don't know the reasons behind it, but what's in my mind right was it's due to market competition between fiat and digital currency economy.

[vintages]

Reaching the price back to $20,000 is probable but it might take sometime. The prices are slowly recovering and I think this increase is healthier than havong the price pumped in a surge. We need more development and adoptation yo be able to increase the demand in cryptocurrency.

Very healthy I must agree. 20k will come, but with a gradually process.
Unfortunately people are not seeing it that way, many people are believing or want the price of Bitcoin to skyrock like that of 2017 which will again lead to price correction. Though price correction is a good thing but too much of it could have been an unnecessary delay that could have been avoided.

[ancafe]

I think the possibility of bitcoin prices exceeding $ 10k this month is a little reduced. in fact, for now, the price of bitcoin is still struggling to exceed the $ 8,300 level. this is clearly quite far away with our hopes that the price of bitcoin can reach $ 16,000 this month. although it's possible, I think it can happen next year. however, I feel when bitcoin is recovering this month, I think it only reached the level of $ 9,000.

[sarabanda]

 I think BTC will go a lot bigger than 20k but time is a big factor now. The media won’t talk as much about BTC until it starts growing again but it can’t grow without media coverage. Mass adoption will bring new investors in, this will alert the media and if crypto finds a place in our everyday lives you can expect BTC to go a lot over $20k. I personally believe that it can hit close to a million per coin but only if cryptocurrencies as a whole become adopted worldwide. If they fail at mass adoption we could see BTC going back to hundreds of dollars or even less...

[Colt81]

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.

[BigBos]

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.

[Pearls Before Swine]

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.

[buwaytress]

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;)