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mildred27

Will bitcoin hit 20k again this year?

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With the economic crisis that is going through the world, it is impossible for it to reach 20k but no one knows tomorrow may surprise us and rise above 20k It is important to know that it is a currency that every day, it is increasing that gives confidence that with the weatherwould reach a good pressure

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The year 2020 is ending. Some analysts think bitcoin will reach $ 11,000 levels. I agree $ 20,000 seems far away for now. but what will bring next year is unknown. If you think that our wish is $ 20,000, of course, if the bitcoin, which is currently around 10,000 dollars, is 20,000 dollars, our money will double. Isn't it very good

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10 minutes ago, juanmaduque07 said:

It is very possible that bitcoin will return to its maximum of 20,000 usd due to the great reception it has had worldwide and the use that is being given to cryptocurrencies. The uncertainty is when bitcoin could reach this price again. There are many different theories, some say that the price of bitcoin is going to fall and become worthless, while there are other theories that say that bitcoin is going to break a resistance that it has at 12,000 usd and from there it will skyrocket. up to more than 50,000 usd. The more cryptocurrencies are used, the greater the likelihood that prices will rise.

I believe it can reach $ 100,000 when I don't know, but it could be in the next 20 months

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Bitcoin will see a huge rise at the end of 2020, and the whole world is using Bitcoin without blocking and even large sites deal with Bitcoin and encourage the use of digital currencies.

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I think no, now traders are more cautious, if you want to reach $20K it will be until the end of 2021 or 2022 to reach that price.

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Hopefully! but honestly, I don't think it will go up that much due to the unpredictable current situation with the pandemic and with the US elections

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1 hour ago, Yoobitlover said:

Its pretty impossible to hit 20k at the end of the year.its October and bitcoin is on 10k and you see there is no way to hit 20k at the end of year may be it can be hit more then 13k at the of december month but 20k is impossible.

yea i see so much hopieum in the market these days and people already putting out charts that we are heading to 20k by the end of the year, I think it will highly depend on if there is any real adoption or not but i doubt it will happen this year.

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Very much unlikely, we are still in a bearish market, might take a year or two maybe even three for bitcoin to hit $20k again 

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I'm not sure about the price of $ 20,000, but I think 15,000 can be expected. Considering the global economy, 20,000 seems like a prohibitive price, but anything is possible. I think that bitcoin will reach this price most likely in 2021.

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This year i believe that bitcoin will not be able to reach more than 15000, the factors that we have will not allow it no the market

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This year it will not reach 20k it is very complicated, but next year it will most likely have a very good price increase where it can go up to 55k

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I don't think Bitcoin will touch $20k because currently, Bitcoin is trading on a range which can take the whole of this year to regain it's upward move. Some experts predicted that Bitcoin will trade at the $20k range by next year 2021.

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It is are impossible because now Bitcoin at 1/10700 dollars , maximum of his hit at this year 13000 or 14000 maybe 15000 but not a 20000 because of corona virus but maybe in 2021 he will hit 20000

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Absolutely not this year. Especially, the Second Wave is near. I think, somewhere in November|February there will be another collapse, but it probably not gonna be strong as first.

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Highly depends on how the world economy will develop further. If it'll show no crisis - there's small chance of BTC hitting 20k till March. If not - it'd be great, if it still was at 5k+ level, because everyone would sell their crypto to provide for themselves.

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It is a good question. If Btc doesn't hit 20 K in this year, then in the Q1-Q2 of 2021 suerely will hit it. I think BTC and other criptocurrencies are financial refuge. Nowadays millions of people have changed their mind about Criptos because of the pandamic, otherwise they can't get out financially. So because of the huge demand, price will rise. 

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1 hour ago, mildred27 said:

btc.png.747ac47b478bfee83d9bfda6562127d4.png

Bitcoin will reach $20k and there is no doubt in it. But I do not think that it will happen this year though. There are a lot factors including fundamental analysis and cycle period which tell us that it most likely will happen next year. I wish that would be true. I'm in crypto since 2014 and I wanted too long to get my profit from all those investments made (including during hype of 2017). So I am quite bullish about 2021 :)

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Given the volatility of the price of cryptocurrencies, everything can happen overnight, it can rise dramatically in price or fall in free fall until it hits bottom. The truth is that financial analysis does not always end up being successful because there are many variants that could boost its price; Personally, I could say that the conditions for a big rise in bitcoin are given, it only remains to wait and observe its behavior

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I honestly do not believe that it reaches costs 20k but if I think it wikk exceed 15k because it has maintained its price very well, we hope that cryptocurrencies continue to increase in value

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I think that this year it is not possible, the current economic situation due to the pandemic has affected the world financial market, that is why we see these irregular fluctuations in the stock market, in oil prices and all these influence in some way in the price of bitcoin, until that does not change it will not be possible for its value to increase to that peak.

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Yes for sure. Bitcoin will surely go to 20000$.

But i think bitcoin can reach 25000$ in December 2020. Now it is very cheap buy and hold for long. Buy now for huge profits.

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In my opinion this year I no longer believe it but I am sure that next year it will come with more force and we hope that if it reaches 20k and more

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It will not hit 20k this year but I think next year it can hit 20k but that too if covid situation do not hit the world back because covid situation have also affected it a lot before

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