BTC 20,000 USD by the year end.

[coin-investor]

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:

October 28, 2019, 02:22:35 PM

67.8%

Its realistic Bitcoin halving is just around the corner, this news is coming just right on time I hope we can have some more of this before the end of the year, again the Chinese have something to do again with this bull run, history will repeat itself, I hope when it repeats we can record another peat again and this is another all-time high, it's been two years since the last one and the community are longing to have one more time and what could be the best time but the halving.

[xvids]

Its realistic Bitcoin halving is just around the corner, this news is coming just right on time I hope we can have some more of this before the end of the year, again the Chinese have something to do again with this bull run, history will repeat itself, I hope when it repeats we can record another peat again and this is another all-time high, it's been two years since the last one and the community are longing to have one more time and what could be the best time but the halving.

Yes I also think that it could happen FOMO could make it happen since people would try to get more BTC before halving.
They would try to buy now as much as possible since the price is low.
And once it started people would start buying it and the price could go up again in a fast phase.

[Colt81]

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:

October 28, 2019, 02:22:35 PM

67.8%

I think bitcoin could not reach it's price up to 20K USD by the end of this year of 2019. There are predictions and analysis that bitcoin will reach it's price by the start or mid year of 2020 because bitcoin is still waking up from it's downturn, but i really hope that bitcoin could really regain it's price up to 20K USD again, so that i could recover all of my losses from last year of 2018.

[senin]

Although everything can be, however, I do not think that by the end of this year we will be able to see the price of bitcoin at $ 20,000. It would be nice if Bitcoin rose slowly and reached $ 13,000 - $ 15,000. Maybe after that this time there would not be such a sharp and long fall as after an increase in 2017. However, the price of Bitcoin again stopped in growth and it is not yet clear in which direction its further movement will be. We can talk about the prospects for good growth when Bitcoin for a long time will steadily grow in price.

[2double0]

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?

Anything below $10k should be considered a discount and I think that those who have or have not purchased BTC, both type of people are not interested to keep it low for several reasons including the upcoming festivals in line and we always had a surprise gift during Nov-Dec session so I can count on BTC to be high during these months. However, about the dominance, the alts are currently taking rest because BTC is the showman right now. So it is better not to talk about dominance as it's not affecting the global longs and shorts which change the market sentiments every minute.

OP, this thread belongs to speculation because we are talking prices here.

[rijaljun]

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:

October 28, 2019, 02:22:35 PM

67.8%

From those three reasons, the only strong reason for me is the third one. I don't want to speculate the price too much here, I don't care what the price by the end of this year.

The increasing dominance is not unpredictable, could be 90% as predicted but also could be lower. Chinese going for FOMO is also an uncertain thing to wait, could boost Bitcoin price or keep Bitcoin goes sideways while altcoins pump. The third reason, Bakkt Future Options got my interest and I strongly believe that event will make Bitcoin goes up with the increasing demand caused by it.

[Shasha80]

I hopefully the target of $ 20,000 can be achieved by the end of the year. We know that bitcoin is very dominant now. But seeing the current
reality with the position of a bitcoin price of $ 9300 is very difficult to break through the resistance point. If it can penetrate the price of bitcoin
resistance will go up to the price of $ 10,000. In my opinion the conclusion is to the end of this year at a price of $ 20,000 is difficult to achieve,
then the maximum price of at most $ 12,000. But next year to achieve the price of $ 20,000 will be very easy because there will be a halving
event in 2020 there will be make bitcoin huge pump.

[slashz9]

yes, despite a lot of good news recently it doesn't will bring btc fly, i know this news come from 1  of the biggest holder country in crypto.
we also expect bitcoin dominance will decrease by a litte, so there altcoin will have a chance to follow.
fomo and news from bakkt is good but it doesn't enough to pump btc to 20k$ i guess, but if some group want to make it happen, it could be.
of course with a little coercion for make it rise.

[inthelongrun]

It seems unlikely but you can not say never here in crypto currency market. Those that are already here investing crypto currencies over the years understand how they move. The volatility level is very high. Everything here is possible. My wild guess is $13,000. I don't want bitcoin to have another big and long period of corrections again so I prefer a slower upward movement with tiny corrections.

 

[lionheart78]

I am still hesitant about BTC reaching $20K by the end of the year.   Those given reason are already present in the Bitcoin market except the number three, which may possibly disappoint us again just like how BAKKT launch disappoint lots of Bitcoin holders.  Chinese FOMO may not come before the end of the year because it is still illegal to trade Bitcoin to yuan and vice versa by that time.  And worst this FOMO thing is just an assumption and not a sure thing.

[BChydro]

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.

The news outlets will come up with one sensational news after another, either on the positive side and one on the negative side and till now majority does not understand why they are doing so, it is basic business because if they are having more readers they will be getting more revenue and that is why we are seeing many media outlets publishing news after news and it has no effect in the market valuation and if we look at the current market situation it is impossible to see an all time high valuation this year.

[DiamondCardz]

Have you read the news that Bitcoin might be able to reach 20,000 USD before the year ends?

Of course it 'might'. It almost certainly won't, but you can say 'might' about anything. It might hit 1 million USD by the end of the year for all we know. (but it won't)

I would be surprised if we break the $10k barrier within the next month and if we do I don't think it will be for long. There certainly won't be enough happening within the next month to make Bitcoin break $20k...

Also, threads like these belong in Speculation.

[EdenHazard]

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?

Am I de javu now?

look at this thread

https://bitcoinist.com/bitcoin-price-prediction-expect-price-to-double-by-the-end-of-2018/

Looks like this site is really love to feeling the bull at the end of every year consistently

However i would say those three reasons is too general... especially speaking about the Chinese traders response on recent china president xi Jinping, it's just simply exaggerated and I believe the current price spike won't last for too long, so just be careful ... there might be a sudden fall just like yesterday sudden spike.

[BrewMaster]

just a couple of days ago when price had a little drop the same shitty website you are quoting today has been posting doomsday articles and were listing n-reasons why price can't go any higher and now they have made a complete U-turn and are publishing n-reasons why price is going to reach previous ATH!
do you honestly think such a site is worth quoting here? don't waste your time reading their bullshit and don't give them any traffic!

[ashmodeus]

well, i dont think so, i have a simple opinion about it.
hmmm, we know exactly about what happened on last week , since chinese president make a sentiment for blockchain industry all of crypto going crazy soo sudden.
but, somehow i just think , its just no rather than FOMO. that sudden effect might make a mass sell next month .

[UnDerDoG81]

50/50

[NewRanger]

well, i dont think so, i have a simple opinion about it.
hmmm, we know exactly about what happened on last week , since chinese president make a sentiment for blockchain industry all of crypto going crazy soo sudden.
but, somehow i just think , its just no rather than FOMO. that sudden effect might make a mass sell next month .

it just temporary moment maybe, recent condition was as investors expression after several months they didnt hesr good news from china.to reach $20k in end of year will not be easy, many traders that buy on dip will taking profits their position.i am still waiting big correction from mave 4k to 12k .this year bitcoin price will moved in this range.

[error08]

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?

Am I de javu now?

look at this thread

https://bitcoinist.com/bitcoin-price-prediction-expect-price-to-double-by-the-end-of-2018/

Looks like this site is really love to feeling the bull at the end of every year consistently

However i would say those three reasons is too general... especially speaking about the Chinese traders response on recent china president xi Jinping, it's just simply exaggerated and I believe the current price spike won't last for too long, so just be careful ... there might be a sudden fall just like yesterday sudden spike.

This is not gonna happen, 2 of the reasons aren't relevant to the increase in the price of bitcoin.
Bitcoin dominance isn't contributing to bitcoin price's increase or declining, it just shows how popular investing in bitcoin compared to other altcoins in the market.
There is no such thing like Chinese traders going FOMO, their government has banned cryptocurrency, cracked down exchanges and miners which makes it difficult for people to trade bitcoin. Sometimes you'll find articles from bitcoinist is not newsworthy with the poor quality articles and ridiculous points.

[WatchMaker]

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:

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.

Nice! with China Hopping one the train now everything is possible. The sky is the limit for cryptocurrency with China planning to adopt blockchain technology. Using blockchain technology without cryptocurrency is like eating rice without salt - sooner or later you are going add it in one way or the other. 

[Apened]

Its too possible for me. We know how price can leap as high as it can in just a few days and we do still have 2months to go. It is my prediction way back this august when bitcoin rose before the plummet which is significantly natural. If bitcoin manage to get back above 10k and stay there for a couple of weeks as a strong support so i don't want to expect but i believe 20k is imminent this year.