Post
Topic
Board Speculation
Re: Can Bitcoin Make it back to $20k ?
by
Dr.Osh
on 03/11/2019, 14:14:29 UTC
Won't happen this month, but bitcoin *will* get back to its all time high eventually, and I've been saying it for a few months now.  The old spark of interest just needs to get back into the market, and we've seen a little of it lately.  I'm hoping at some point next year it'll happen and hopefully no sooner.  I'm not one who's always hoping bitcoin will hit $20,000 within a month, because that would be too quick.

Very healthy I must agree. 20k will come, but with a gradually process.
You get it, unlike so many others here who don't understand markets or why bitcoin crashed in 2018 and took so long to recover.  I don't want that again and I'm not sure why so many others seem to.

Won't happen this year, actually, and yes, the tendency is to believe that Bitcoin, if it continues at this pace in terms of fundamentals, that price is not only achievable, it's inevitable.

But just because you've been saying it for a few months don't mean it'll happen. Lots of other experts have been insisting on the same for months stretching back to even 2018.

Mind you, just because guys like me keep saying it won't happen don't mean it won't either;)
people are indeed starting to make spectacular predictions about bitcoin, unfortunately, I'm also not sure if the price of bitcoin can reach a price of $ 20k this year, even the opportunity is very small. however, we always argue that the price of bitcoin can reach $ 20k by 2020, but it's not clear when this will happen.

this is the same as the CEO of binance mentioned on his status on twitter, he feels that the price of bitcoin can reach the level of $ 16k. however, the most important thing to underline is his words that say "so easy to predict prices, it's just hard to predict the time"