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Author Topic: Bitcoin reach $20K soon?  (Read 597 times)
ValerieChristaldi (OP)
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November 09, 2020, 12:08:16 PM
 #1

Within couple of days Bitcoin went bullish with newest peak of $15,596 last Friday. Analysts have already started predicting the next big move that could possibly push Bitcoin above its all-time high of $20,000. Will that happen before this year ends?

Read article:

Bitcoin (BTC) Smashes Past $15,500 With Ethereum (ETH) Leading The Altcoins Party
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November 09, 2020, 12:18:11 PM
 #2

No assurance still. It is indeed exciting to see how the market price of Bitcoin and other cryptos, reaching another market price point. Of course majority or perhaps let's say all of us are hoping for the price to again touch its ATH, but risk will always exist given how inconsistent the market is.

Some investors are still hesitant to invest at this point because of such possibility, that the market price of cryptos could again fall unexpectedly. But for those who have already invested early this year, waiting for the market price to continue increasing, is what they are anticipating for this year. So invest if you must, choose not to if you doubt, just avoid regrets at the end of the day.

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November 09, 2020, 12:41:47 PM
 #3

Within couple of days Bitcoin went bullish with newest peak of $15,596 last Friday. Analysts have already started predicting the next big move that could possibly push Bitcoin above its all-time high of $20,000. Will that happen before this year ends?

Read article:

Bitcoin (BTC) Smashes Past $15,500 With Ethereum (ETH) Leading The Altcoins Party


Bitcoin bull run is ongoing as you can observe it from the last 10 days. Already pumped more than 35% in the last few days and today cross $15500 which is satisfactory level to the Bitcoin lovers. I am not sure whether it will hit $20000 in the next few weeks or months but i hope it will hit $20000 in the next year if no rumor, no panic sell happen in the market like 2018. As Bitcoin on pump, altcoins also move towards after a long time which is also good for the investors but we need to be more aware as we have previous experience.
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November 09, 2020, 01:02:53 PM
 #4

Can we reach $20k before 2021? Maybe, maybe not. But one thing's for sure, stop listening to these so-called "analysts" as most of them don't know what they're talking about. Just be patient and stack sats if you're long-term bullish.

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November 09, 2020, 01:52:23 PM
 #5

In my opinion bitcoin possibly will have some corrective pullback before reaching ATHs to scare off the weak hands. I doubt ATH will be this year, but hopefully in 2021.
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November 09, 2020, 01:57:44 PM
 #6

Within couple of days Bitcoin went bullish with newest peak of $15,596 last Friday. Analysts have already started predicting the next big move that could possibly push Bitcoin above its all-time high of $20,000. Will that happen before this year ends?

Read article:

Bitcoin (BTC) Smashes Past $15,500 With Ethereum (ETH) Leading The Altcoins Party

from now to the end of the year there is just over a month left and I cannot be sure what the price of Bitcoin will be. But according to TA, Bitcoin is in the uptrend stage and there is a high chance it can break ATH in the near future but Im not sure that it will appear this year.
I think with the investment and confidence of major investment funds in the US, Bitcoin will soon return to the top of ATH.  The remaining problem is only time and the support of many other financial investment funds in the future Wink
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November 09, 2020, 01:57:59 PM
 #7

Within couple of days Bitcoin went bullish with newest peak of $15,596 last Friday. Analysts have already started predicting the next big move that could possibly push Bitcoin above its all-time high of $20,000. Will that happen before this year ends?

Read article:

Bitcoin (BTC) Smashes Past $15,500 With Ethereum (ETH) Leading The Altcoins Party


Bitcoin already almost 20K Wink
This can happen at any time, maybe this year, maybe next... The main thing is that we are already in an upward trend with slight corrections... From March to November we already have x4! I hope that the uptrend will be long!
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November 09, 2020, 01:59:51 PM
 #8

The Bitcoin price movement considered unpredictable, it could be yes or maybe that Bitcoin price will break the highest peak that happens the last few days which is hit and plunged the $15k price.  There are various predictions and analysis out there, but no one of them has a correct forecast upon predicting Bitcoin price.  Even though claiming themself as an expert of predicting price, that's not a guarantee that they always made the right prediction.

Right now, much better if we will wait patiently.  We know that Bitcoin continuously growing up most especially if there's a big event just like the recent happened, the presidential US election which is had a big rumor that it will have a big effect on the Bitcoin price and now, we have been witnessing the sudden growth.

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November 09, 2020, 02:32:11 PM
 #9

many assume bitcoin will hit $ 20k and that will probably happen in the future and there is no guarantee it will materialize. but we wait and hope bitcoin will reach $ 20k by the end of this year.

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November 09, 2020, 02:43:17 PM
 #10

The market has matured greatly since 2018 and though it has been a long journey of downtrend we can see how it is being fruitful now.
Bitcoin has crossed $15k and is quite stable at this range. There are signs that it might increase in price even more and might also cross the ATH.
Though it's just a speculation we can see how holding bitcoin for long term does show it's benefits  Smiley

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November 09, 2020, 02:46:58 PM
 #11

Another spinning move for Bitcoin in crypto History if that will happen again. Possible? Yes, of course. But that soon means next year, another 10 years, just likely and it was not tiring to wait for that moment to come.

TBH, I've been good enough for the current market price today, $15k is already a bullish me but and that is a gift in the troublesome situation. The year 2020 has almost at its end, we have to jump for another year and to continue our journey with Bitcoin. Closely to ends, I was thinking the same trend that we have now still, $20k is far at its reach this year but have a possibility next year 2021.

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November 09, 2020, 03:11:21 PM
 #12

Within couple of days Bitcoin went bullish with newest peak of $15,596 last Friday. Analysts have already started predicting the next big move that could possibly push Bitcoin above its all-time high of $20,000. Will that happen before this year ends?

Read article:

Bitcoin (BTC) Smashes Past $15,500 With Ethereum (ETH) Leading The Altcoins Party

Crypto market was rapidly growing well, So end of the year we expect the 20k USD on BTC. We know already market is boom so we can expect the further growth in Bitcoin. Decentralized platform was more comfortable to invest for everyone because it will grow unexpectedly so peoples are ready buy huge volume coin. I think we never see this link because we know the each and every growth of Bitcoin.
Well, high chance it could reach to that point or even more. However, if you are new in bitcoin investments better not get too hype with other members around talking about the bull run. Yeah it may going to happen but still manage the financial aspect and invest only the money yoi can afford to lose. This is a very simple.advise and hopefully not many will going to.make losses in the process of bitcoin market sudden market price surge. Anyway, good luck to all bitcoin holders. It seems that this year is the year for bitcoin bull run.
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November 09, 2020, 03:13:40 PM
 #13

only the time will tell if this is gonna happen. bitcoin price may crash or may rise and hit a record within its history. however most of the analysts are looking forward to hear about the rise and shine of bitcoinBTCBTCBTCBTC
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November 09, 2020, 03:22:57 PM
 #14

My answer is no. Too many elements are affecting bitcoin right now. Moreover, many people do not have money to invest bitcoin at this moment. The economy is trying to be stable like it was before. $20000 will likely to happen in the next year. The first quarter of 2021 will be a good time for any asset to go up. The bull is currently controling the trend. But it is not as strong as 2017 and I do not expect bitcoin to act like it used to be. The slower the train, the less volatile it will be.

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November 09, 2020, 03:24:28 PM
 #15

Bitcoin is really improving this year that is still making some investors wondering how strong the currency is in the exchange market. We just have few month to switch to 2021,I still believe that  bitcoin can still pump more than this before this month end but it will not get to $20k .
Since other cryptocurrencies are reducing gradually, since bitcoin started rising show bitcoin will still do more before 2020 end. The market at few hours,there where some signs that other cryptocurrencies are about to rise but they cannot rise more than bitcoin in the market.

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November 09, 2020, 03:32:07 PM
 #16

From six months ago bitcoin has seen a rise, and the fastest rally was in October. That’s because there’s a lot of positive news about bitcoin,
which is where many investors turn to crypto investments, especially bitcoin. Bitcoin is considered the most profitable asset this time,
as it is likely that other investment assets are already excess liquidity. So many investors move their assets to bitcoin.
If you look at a positive situation like this, it is likely that bitcoin will have a higher value. It is uncertain, however,
whether an increase of up to $20k can be achieved by the end of this month or not.

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November 09, 2020, 03:52:24 PM
 #17

We can't be sure if the price will hit $20K before the end of this year or not. Maybe it can be achieved or maybe not because it all depend on how much interest trader are in bitcoin. If the demand for bitcoin is high, the price will also be higher and that is what we usually call the market trend.
Bitcoin is a very risky asset, its price is constantly fluctuating and when we can consider the risk and also take advantage of these fluctuations then I don't think you have to wait for the price to hit $20K to make a profit. In the long term, you may not need to doubt bitcoin as a profitable asset, but you should still be careful.
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November 09, 2020, 03:56:39 PM
 #18

Analysts have already started predicting the next big move that could possibly push Bitcoin above its all-time high of $20,000.

people who only start talking about more rises after months of bull run and a lot of positive rises so far are not "analysts". these are the same people who start calling for low prices whenever there is a small price.
these are newbies who want to look smart and are gambling on the price, now that it is on the rise they call a higher but completely random number.

There is a FOMO brewing...
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November 09, 2020, 04:14:17 PM
 #19


One user said that after BTC crosses $20K, that's when the party starts. I guess right now is not the time yet to celebrate.

There is nothing that I feel. Back in 2017, it already felt very satisfying when we see the price of BTC hitting the $3K. Altcoin teams are already giving away more than the allocated coins for bounty campaigns. Institutional investors have to seal it, need more money to come into crypto.

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November 09, 2020, 04:25:06 PM
 #20

My answer is no. Too many elements are affecting bitcoin right now. Moreover, many people do not have money to invest bitcoin at this moment. The economy is trying to be stable like it was before. $20000 will likely to happen in the next year. The first quarter of 2021 will be a good time for any asset to go up. The bull is currently controling the trend. But it is not as strong as 2017 and I do not expect bitcoin to act like it used to be. The slower the train, the less volatile it will be.


From what I understood from few whales I regularly talk with, is that 20K might happen next year around May, but of course it's all speculation and a wild west in the crypto world. Even if it reaches 20K, I think It will drop down heavily between the 11k - 13k mark. The BTC graph is not healthy at all... it's all FOMO and market manipulation so I kinda agree with your opinion.
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