Do you think it will reach the 20K?
of course we will reach $20,000... remember that 12 months ago when some people said that bitcoin would reach 5000 $, many other people said that it was crazy, that was impossible, well we reached $5000 and again some people said that they would reach $7000 before the end of the year and of course other people said that it was impossible, we reached $7000 and some people said that by the end of the year they would reach $10,000 many people said that it was impossible and that only at the end of next year would be possible to reach $10,000 and see that not only reach the $10,000 still in that year as we arrived at $11000. everything is possible
and when?
at the end of June next year
No way.. too slow. We'll get there in a couple of months. After we digest the new reality of 5 figures being a floor (we still haven't done that, as we just saw a dip to $9000 again) we'll see $20000 way faster than that. You could be right but it's my opinion. Things will get exponential once CME comes up with all the fiat money in Wall ST.
The volatility we are seeing is due people FOMO'ing hard in the past few ours, we are still on a solid bull run. I was expecting this long red candle to hit $9039 but it seems the hemorrhage was stopped already.
Also realize the fact that all these casual people talking about Bitcoin that you see around, don't own any Bitcoin.