20k usd price will not happen.

[ravenyvolle 583]

Last year I can say is the year for bitcoin, as from January 2017 to December 2017, it reached 20,000 usd from the 928 usd initial prize.

Last year too, October to November reached at least an increase of 20% but now, first week of November already, it seems bitcoins with other coins are going down(in contradiction to predictions).

A lot of people are expecting the same trend will happen again last year but I feel it wont really happen this year.

It will be a huge miracle if bitcoins will reach the all time high of 20k usd again this december or hoping at least it will touch 8k usd.

[Dan 909]

Is this the end for Bitcoin?

[ravenyvolle 583]

1 minute ago, Dan said:

Is this the end for Bitcoin?

Probably, are you gonna cry?:P 

Haha just kidding 😆

Bet you have lots of it.

[Dan 909]

5 minutes ago, ravenyvolle said:

Probably, are you gonna cry?:P 

Haha just kidding 😆

Bet you have lots of it.

I don't have any

[UltraChief 1,489]

In my opinion people are too excited about what happened with the price last year and the year before that. 600>1000 and then 1000>20000. Thats pretty optimistic for people who come new to crypto but not for those who have been watching it since the early days.

The BCH forking last year provided the ignition for price pump mid-year. There has nothing like that this year. That pump was enormously followed on social media which added the continuous price rise as more young blood joined the bandwagon. But a sudden rise is followed by a sudden drop. The whales were ready to dump at that mark and so the markets crashed and havent recoverd yet.

[Mahdirakib 81]

BTC will be back to 20k and the price will cross 20k to more up. It just need time. Actually all are waiting for a right time. And when everyone makes their mind comfortable we will see a huge pump up and crypto price to new ATH. Now we have to wait for the right moment.

[Jakeoub 3]

I really doubt bitcoin will make it back to the top. At least not this December.  

[dikarico 198]

I think because many people know bitcoin and they trade it so BTC prices will go down because everyone starts selling it and buying it,
But I don't know what is happening out there, there will definitely be many factors to be able to increase the price of BTC, the economy, oil, stocks, trade, investment and everything else that is possible,
Hope that everything will repeat itself like in 2017 .

[williamsh 365]

I don't think bitcoin will end. The bubble has burst for sure, and I think the price of $6500 is what the market deems appropriate. I doubt it will ever go back to $20000, even $10000 is pushing it.

[nonce 5]

On 05/11/2018 at 08:15, ravenyvolle said:

Last year I can say is the year for bitcoin, as from January 2017 to December 2017, it reached 20,000 usd from the 928 usd initial prize.

Last year too, October to November reached at least an increase of 20% but now, first week of November already, it seems bitcoins with other coins are going down(in contradiction to predictions).

A lot of people are expecting the same trend will happen again last year but I feel it wont really happen this year.

It will be a huge miracle if bitcoins will reach the all time high of 20k usd again this december or hoping at least it will touch 8k usd.

Will need year or two to go up to 20k. But in long term 5 or 10 years it will be huge. I think 100k in year 2025-2030.