BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH?

[btc78]

Following PayPal information, Venmo allows payment of its services in BTC, ETH and a few other tokens, the price of BTC has increased sharply, sometimes surpassing $ 13,000 and is still holding at $ 12900. But why is the market reacting so positively?  BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH?

Bitcoin had already reached that price even without paypal around 3 years ago so what more now that the popularity of Bitcoin already spreads the world?
and also we are now in moving up as we can see in market prices.

Bitcoin pass thru 13$ the other night and expecting to break $14k the sooner.

So with this performance i believe that $20,000 is near to achieve again and may Break more than the last hype.

This expected bullrun is far much better than the last as what happens from 2013-2017 and no 2017-2020 or 2021.

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[masterrex]

Following PayPal information, Venmo allows payment of its services in BTC, ETH and a few other tokens, the price of BTC has increased sharply, sometimes surpassing $ 13,000 and is still holding at $ 12900. But why is the market reacting so positively?  BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH?

IMHO, I believe that Paypal acceptance of cryptocurrency as a mode of payments will have some positive effects on the Bitcoin and Ethereum price, As we see it the Bitcoin and Ether price was dramatically increased, But regarding the $20K BTC price speculation I think it's not possible for now because the market trend is not that active to drive the Bitcoin price up to that level even in the year-end.

[Dr.Osh]

that's really good news, and bitcoins can go up to $ 20k on that push. That's because the use of crypto itself will expand, especially for the use of bitcoin and ethereum. it's just that, from the past, quite a lot of information like this has been circulating, and until now, PayPal still hasn't really accepted payments using cryptocurrency.
however, if this were to happen, I believe bitcoin would have a big push to hit prices above $ 15k, or even as high as $ 20k.

[Zazzu]

When a coin can pass a resistance in the diagram it means it can pass it again, easier for the second time, bitcoin has passed that in 2017 and I am pretty sure it can happen again since they are finding out fiat money isn't working like it used to be as it can be printed more, no limitations and governments could abuse that when they can print it!

[Freebieindia]

surely BTC will cross $20000 and more. Paypal is in for Big. Paypal will soon allow users to buy online with BTC. Moreover Paypal is looking to acquire many crypto companies like BitGo. It looks like Paypal will bring major adoption of crypto which we were looking for long time. This bull run will be on institutions.

[bitcoin_paypal]

I hope that we will see real bull run this time

[Kong Hey Pakboy]

Following PayPal information, Venmo allows payment of its services in BTC, ETH and a few other tokens, the price of BTC has increased sharply, sometimes surpassing $ 13,000 and is still holding at $ 12900. But why is the market reacting so positively?  BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH?

I don't think that bitcoin's price would increase up to $20,000 after PayPal accepted cryptocurrencies to buy, sell, and shop with its network; even bitcoin has already reached its $13,000 price thanks to Paypal. It is still impossible for many people to be convinced to buy or invest their money in bitcoin because people have some issues with PayPal when it comes to making transactions, and they don't let us keep our private keys.

[kidbounty]

although we haven't seen its use yet but this news can make the market move. I think the crypto community reacted positively to this notification. but there's still a long way to go for up to 20k. these will be important times for the crypto market, especially bitcoin. so don't take your eyes off the market.

[Greatdev]

It does look like Bitcoin can actually achieve it's ATH back but I'd say PayPal haven't start accepting crypto yet, it's just a news or should I say words? Let's wait and see what comes next, if PayPal ends up accepting crypto then we are in for real bull season

[Kunnu]

PayPal's involvement in crypto has leaved a positive impact on the price of Bitcoin and the probability seems higher for BTC to touch the $20k mark, as we know the volatile nature of market is absolutely unpredictable so it may take time, this is not gonna happen immediately.

[trauchot]

This news, of course, had a very positive effect on both Bitcoin and the entire cryptocurrency market in general, and if everything goes well as it is now, then perhaps Bitcoin by the end of this year will be able to reach 20k$, but this all of course depends from big players, maybe they still don`t want to pump bitcoin up to 20k$, so we have to wait and watch.

[yangongear]

They only allow crypto trading on the paypal platform, but it seems impossible to withdraw to fiat money, probably because a lot of regulation is required to convert crypto to fiat. However this could be the first step for a crypto bull run in the coming year.

[gabbie2010]

The news had made an instant impact on the price of bitcoin adoption of bitcoin by paypal and Venmo acceptance of it as payment will go a long way in ensuring that the price wouldn't fall below $12K we have more users now imagine half million users of paypal adopting bitcoin that a lone speaks volume of the future prospect of bitcoin, this is like an eye opener to other big organizations or businesses to look towards bitcoin as another source of payment gateway and all these news is bringing in credibility and trust to bitcoin.

[xZork]

That's good news for bitcoin and its fans, however I don't think that news is enough to get bitcoin to $ 20,000.
$ 20,000 is a huge price and bitcoin is difficult to obtain in the short term. Governments don't have a lot of sympathy for bitcoin and cryptocurrencies right now, so they put in place a lot of regulations against bitcoin, which prevent bitcoin from reaching the $ 20,000 price tag.

[ansarose1]

Sounds good, maybe several investors fells great about this and starts again to full their bags with bitcoin and ethereum coin. A positive vibes for some who wants to invest more with these top coins. I hope this could be possibly done in the near future by the influenced of PayPal.

[Gotumoot]

I also believe that it could reach it even before Paypal accept BTC but I don't know how long it would take for it to reach it.
It already already happen once so why wouldn't it happen again?
This is the reason why I never quit on crypto why I never give up on it and it has shown us that it could rise up again we just need to endure it.

[Ezravdb]

It may not be there instantly but slowly and steadily, the base for another launch to the moon is building up and this time, we'd settle on a higher level than the last time. The number of bitcoins is approaching closer to it's limit while more and more people and business are buying and holding them. With less coins to trade and buying coins readily available to more people, 20K is nearer.

Of course it takes time to reach milestones.  after Paypal received payments and services on their site with Cryptocurrency in just two days the price of BTC passed 13000 dollars.  We saw at the beginning of the year after Paypal users were officially able to withdraw and buy BTC on Paypal, I think the price of BTC will go through 30000 dollars.  We hope other companies can follow the steps taken by Paypal.

[pankowri]

Yes, there has a huge chance of it and already we have seen something are changing. So it is not so hard to guess what is next. Because investors are coming which is a green signal for those who already hold BTC. I am optimistic if it works continuously then BTC can be reached at $20k or more. When BTC will be $20k then we can expect Eth at $800-$1200 range. Waiting to see the next blast from BTC.

[Desscount]

Following PayPal information, Venmo allows payment of its services in BTC, ETH and a few other tokens, the price of BTC has increased sharply, sometimes surpassing $ 13,000 and is still holding at $ 12900. But why is the market reacting so positively?  BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH?

I think this increase is just the beginning, mass adoption has already occurred, and it is likely that big companies will arrive on blockchain, and of course institutions,
we have entered the bullish season, because 3 years of being bearish is a long time, remember circles!, there are times to be bearish and there are times to be bullish.
$ 20000? I am sure it will be achieved.

[Simakura]

Paypal has a big impact on btc, but it might be as high as 20k.