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Author Topic: BTC 20,000 USD by the year end.  (Read 849 times)
gunhell16 (OP)
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October 28, 2019, 02:26:58 PM
 #1

Have you read the news that Bitcoin might be able to reach 20,000 USD before the year ends? Maybe we can't achieve the 16K this month but we are still having a good year.
You must see the new and read the full stories. https://bitcoinist.com/3-reasons-bitcoin-price-may-hit-20000-by-year-end/

bitcoin dominance as of now:
Quote
October 28, 2019, 02:22:35 PM
67.8%


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Wysi
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October 28, 2019, 02:35:30 PM
 #2

Have you read the news that Bitcoin might be able to reach 20,000 USD before the year ends? Maybe we can't achieve the 16K this month but we are still having a good year.
You must see the new and read the full stories. https://bitcoinist.com/3-reasons-bitcoin-price-may-hit-20000-by-year-end/

bitcoin dominance as of now:
Quote
October 28, 2019, 02:22:35 PM
67.8%

This will be a welcoming news for all and it would send a positive waves across the crypto market and give a fresh push to the altcoin market as well. There has been many positive news about the growth of bitcoin after China's announcement but not sure how far this will go as projected.  We can believe in any pump when it will last over a week's time to avoid any bull trap.

Pearls Before Swine
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October 28, 2019, 02:42:12 PM
 #3

Obviously bitcoin would have to more than double within 2 months, and I just don't think that's going to happen. 

And what do you think would be the result if it did?  Don't you think we'd see bitcoin crash back below $7500 or even lower as a result?  If bitcoin did reach $20,000 by the end of the year, you know very well that would mean a *lot* of bitcoin holders and traders would have made a ton of profit.  What would happen next is what always happens when bitcoin's price explodes.  Traders and others would sell their bitcoin for a profit, and there would be more sell orders than buy ones...and the price would spiral down.

I don't think anybody wants that, even if they want a nice, high price by December.  You have to think of the consequences.
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October 28, 2019, 02:43:49 PM
 #4

If that happens, I am sure people don't mind to see bitcoin price will be back to $20k like in 2017. They still believe that in the next year, the bitcoin price will be more than that price so that they will wait for another bull run after the halving. I will make sure to hold more bitcoin from now on, and no matter if the price will reach that price at the end of the year or the next year, I will sell it at the highest price. I think that there will be many more predictions from other people about bitcoin prices because they have different methods to predict the bitcoin price.

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October 28, 2019, 02:50:08 PM
 #5

The market sentiment is very bullish and we have just had a major bear trap with an almost 50% pump in one day. If we have bull continuation next month $20k is definitely in the cards for this year.

And if I had to give a longer term prediction we will probably reach 6 digits next year.
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October 28, 2019, 02:55:00 PM
 #6

Have you read the news that Bitcoin might be able to reach 20,000 USD before the year ends? Maybe we can't achieve the 16K this month but we are still having a good year.
You must see the new and read the full stories. https://bitcoinist.com/3-reasons-bitcoin-price-may-hit-20000-by-year-end/

bitcoin dominance as of now:
Quote
October 28, 2019, 02:22:35 PM
67.8%

that's what many people expect where bitcoin can exceed $ 20,000, but it seems difficult even though nothing is impossible, even though bitcoin is in an uptrend I think it's only up to $ 15,000.
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October 28, 2019, 02:57:18 PM
 #7

This happened before. If I am not mistaken, it happened 2 years ago, as a matter of fact, a lot of people became happy because of this unexpected good news. Today, we are still hoping to have this good news at the end of the year.

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CLS63
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October 28, 2019, 03:08:21 PM
 #8

Have you read the news that Bitcoin might be able to reach 20,000 USD before the year ends? Maybe we can't achieve the 16K this month but we are still having a good year.
You must see the new and read the full stories. https://bitcoinist.com/3-reasons-bitcoin-price-may-hit-20000-by-year-end/

bitcoin dominance as of now:
Quote
October 28, 2019, 02:22:35 PM
67.8%

It is an assertive prediction while there is such a short time to the end of this year. According to my opinion, Bitcoin can reach maximum of 11-12k in the time left on this year and we will see the price above 20k in 2020.

R


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CarnagexD
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October 28, 2019, 03:13:58 PM
 #9

Have you read the news that Bitcoin might be able to reach 20,000 USD before the year ends? Maybe we can't achieve the 16K this month but we are still having a good year.
You must see the new and read the full stories. https://bitcoinist.com/3-reasons-bitcoin-price-may-hit-20000-by-year-end/

bitcoin dominance as of now:
Quote
October 28, 2019, 02:22:35 PM
67.8%
I will agree with you because there is still a chance that bitcoin might hit the price of 20,000$. But, the 16,000 at the end of this money is also possible. Everything is possible and we all know that bitcoin is very unpredictable that's why expect in just a few seconds the price might pump or might dump. Just be patient guys and let's see if bitcoin truly hit the price of 20,000 at the end of this year 2019.

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October 28, 2019, 03:14:27 PM
 #10


chinese traders in FOMO is one factor that really is going to be bigger than those 3. BAKKT traders will add up to take all those sell orders making the price greener. but it may not really that huge to exceed its ATH last 2017. it won't happen this year but probably by 2020-2021. i wonder why halving wasn't listed as his 4th reason for this because last time BTC moon to 20k,  it was assume its also related to halving.









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October 28, 2019, 03:16:07 PM
 #11

Have you read the news that Bitcoin might be able to reach 20,000 USD before the year ends? Maybe we can't achieve the 16K this month but we are still having a good year.
You must see the new and read the full stories. https://bitcoinist.com/3-reasons-bitcoin-price-may-hit-20000-by-year-end/

bitcoin dominance as of now:
Quote
October 28, 2019, 02:22:35 PM
67.8%
First of all the bakkts launching options is the most lame excuse I have heard for BTC going to 20k. We all know what happened when Bakkt introduced futures into the market. There was literally zero buzz and no price action. We even saw a dump down to 8k from 10k a few days after the launch. The volumes were weak and not a lot of mainstream traders looked interested. Bitcoin dominance on the other hand may seem like a viable reason but it is basically displaying that how the altcoins are just bullshit and not at all appealing.
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October 28, 2019, 03:21:31 PM
 #12

Let's just wait and see if this would really happen.
I don't want to get my hopes so high just because of this news,
We have been expecting too much and has been disappointed for countless times already so for me I would just wait for it to happen and wouldn't expect anything.

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October 28, 2019, 03:40:44 PM
 #13

This is a bold statement that would again be history and not get fulfilled. While the impressive rise to $10,000 was something worth noting, the steam has since died and the momentum never really kept its pace, so it's hard to really foresee whether another ATH would be hit right even before the end of the year. 2020 halving isn't really that big of an event for traders honestly to make a huge deal about it, and usually everything gets crazy after the halving is finished, so there really isn't any reason to believe that this will happen unless we stumble upon something magical along the way (pumps, hint hint).

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October 28, 2019, 03:50:43 PM
 #14

hopefully what you say can become a reality because when prices fell in the past few years many say that the price of bitcoin can return to the price of $20k but until almost 2 years the price of bitcoin has been unable to return to its highest price.
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October 28, 2019, 03:53:49 PM
 #15

Let's just wait and see if this would really happen.
I don't want to get my hopes so high just because of this news,
We have been expecting too much and has been disappointed for countless times already so for me I would just wait for it to happen and wouldn't expect anything.

yep its just all speculations and all these may not even happen in 2020 but at least we see the inch by inch increase of price. if this will continue to rise gradually, we could be seeing 15k by end of the year. of course this is still subjected to whatever the news will bring up. if more government adopt cryptocurrencies the better the price could be. better days are coming 10 years more you might be riding on your dream car.









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October 28, 2019, 03:55:41 PM
 #16

We all wish for this to happen so we could end this year with a bullish market, maybe it will come true if more president make a public comment that saying they support cryptocurrency and blockchain technology. We already experience a good effect from one president recently so what if we have more president like him Wink

 
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October 28, 2019, 04:00:53 PM
 #17

Nah, I don't think that we can reach $20k by the end of the year. Well there's a prediction circulating around that $16k is the target at the end of the month. So obviously we won't reach that as well. So back to the drawing boards again for those so called experts and make their predictions.

I'll be happy seeing the price around $10k-$11k in December, lowest we had was like $3200 in 2018, so getting $10k-$11k is not that bad at the end of 2019.

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October 28, 2019, 04:07:07 PM
 #18

Oh you mean that supposedly famous meme from reddit about 16k by October? Next we'll be pulling out that other subreddit from that time traveller that ignores he's already wrong on several counts.

Does anyone else here think 20k twice in the space of 2 years, without an actual "crypto winter" having arrived would be too soon?

Are you guys tired of accumulating at low prices? Wink

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October 28, 2019, 04:10:30 PM
 #19

Have you read the news that Bitcoin might be able to reach 20,000 USD before the year ends? Maybe we can't achieve the 16K this month but we are still having a good year.
You must see the new and read the full stories. https://bitcoinist.com/3-reasons-bitcoin-price-may-hit-20000-by-year-end/

bitcoin dominance as of now:
Quote
October 28, 2019, 02:22:35 PM
67.8%

Honestly I doubt Bitcoin will even be 14-15k$ by the end of the year.

Also the reasons with Chinese traders going FOMO I don't think is real as Chinese traders we're always deep involved into cryptocurrencies so just because the President is lately super pro with cryptos doesn't mean a FOMO effect was created among Chinese people.

Dominance of Bitcoin always swing in proportion so if it will reach over 71-72% then we can say that Bitcoin have high chances to move again towards 20k$

The only real reason of those 3 mentioned in the article is Bakkt Launching Options for Futures. This is highly waited among traders and especially among whales.

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October 28, 2019, 04:12:15 PM
 #20

Have you read the news that Bitcoin might be able to reach 20,000 USD before the year ends? Maybe we can't achieve the 16K this month but we are still having a good year.
You must see the new and read the full stories. https://bitcoinist.com/3-reasons-bitcoin-price-may-hit-20000-by-year-end/

bitcoin dominance as of now:
Quote
October 28, 2019, 02:22:35 PM
67.8%

that's what many people expect where bitcoin can exceed $ 20,000, but it seems difficult even though nothing is impossible, even though bitcoin is in an uptrend I think it's only up to $ 15,000.

I think it can happen by the end of this year, moreover it will approach half in 2020, we hope that bitcoin will reach its target by the end of this year and there are no obstacles from any news, from October to December will be an upward trend in all markets that will recover, believe me.
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