Post
Topic
Board Speculation
Re: When do you expect Bitcoin to hit $20 000?
by
farwellbit
on 28/09/2018, 11:36:36 UTC
Don't expect bitcoin to jump to 20k in the near future, because the market can't make it happen. The market is very bad and requires a lot of time for recovery, it might take 2 years to get back to stability.
Yeah I agree with you, there are no chances for bitcoin to jump to $20k in the near future. Now there are no huge bumps in the price and the reason is that people are not so interested as they were in the last year. Due to low investment cap and low demand the price will not grow fast and $20k is a big price for bitcoin. Due to the current situation of the market it is clear that it will take long time to hit this level.
In my opinion it is not possible in this year but hope that the coming year will be good for bitcoin price. We will see growth in the price in the next year. I cannot say when will the price hit $20k, but I am hopeful that one day it will happen. Time is not a matter, but we are serious about the use of bitcoin in the future. We want to see bitcoin successful and it possible only people use it.