Will it hit 20K $ by end of 2017
It is too much to ask,, surely it will be at 15000$ but 20000$ is hardly to reached at this short time.. And if we considered the bitcoin price profitability at 11000$ the investors will hesitate to invest on bigger scale,, maybe.. But in 2018 as many will join as bitcoin popularity increases and adaptation of cryptocurrency to our daily life..
It can be possible and in my opinion I think it is because of the recent bullish run bitcoin did, back then the increase of bitcoin was in a slow pace, and right now we can see that the speed are now faster and bitcoin bullish trend just increase for about $500 dollar in just a day in reaching its new All Time High, and right now bitcoin price was at $11546.67 value, and even if a potential correction could be coming we can still expect a bullish trend after that.