Post
Topic
Board Speculation
Re: BTC 20,000 USD by the year end.
by
Hamphser
on 29/10/2019, 16:30:22 UTC
Have you read the news that Bitcoin might be able to reach 20,000 USD before the year ends? Maybe we can't achieve the 16K this month but we are still having a good year.
You must see the new and read the full stories. https://bitcoinist.com/3-reasons-bitcoin-price-may-hit-20000-by-year-end/

bitcoin dominance as of now:
Quote
October 28, 2019, 02:22:35 PM
67.8%
It's possible, looking at the current market status that we can pump $2,500 in just few days, $20,000 by the end of the year seems plausible, but the chance is low. Right now, it's struggling to reach $10k and even going down as low as $9,200. But given the volatility, the pump chance and amount, we could reach it but I doubt it would stay there. It's most likely to hit back down just like the 2017 hype, because of manipulators and other factors.
It's clear to me that this sudden pump of the price is purely manipulation in the market but it still struggle to reach the said $10,000 price resistance limit. I doubt it would ever push to $20,000 by the end of the year 'cause it's clear that the price is just turning back to the same price range that we have been waiting for so long to move up or to constantly break the $15,000 resistance but it never happens.