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Author Topic: Will Bitcoin exceed 20k this year like in 2017?  (Read 1307 times)
tbterryboy
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June 08, 2020, 08:47:45 PM
 #101

We dont know that yet but there is a possibility that bitcoin can touch or even higher than 20k usd before the end of this year or after as we can see there is a very good support in 9k and with in just a small period of time bitcoin touches 10k and lets hope bitcoin can touch 15k and up soon.
The more time passes the more it looks like the price will not pass $20k. I mean we are still in June and there is another 6 months to live so we can't really say it will happen or it will not happen. Do not forget that in 2017 the price was around $3k-$8k ranges from summer to December, but it started to go up a lot in December and by the end of it we had $20k bitcoin price, which means all it took was a month before bitcoin can became $20k.

However that was a huge hype that changed the shape of bitcoin world forever, could we have another hype like that? Sure we can, is it likely? Its not likely at all. On a regular market without anything extraordinary bitcoin will probably max out at around $15k and not go above that, but bitcoin is always extraordinary so I can't say anything just yet.
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