It may even reach 20k this year before the year ends. I honestly feel like there is a big chance where we could totally see bitcoin not only reach 20k but also reach above 30k in 2021 as well. Obviously there is no guarantee in this, we may see bitcoin go down to under 10k with the same chance as well, which means there is a good chance that either of those things could happen but I really doubt that we are going down for now.
Bitcoin is on a great roll right now and price is very valuable, I really hope that it will continue throughout the 2021 year and we end up with a great price later on. What we need in order to see 30k+ price in 2021 is to manage the hype somehow and make sure people do not go into panic mode and start selling all the crypto they have.
We believe so, bitcoin never stay so long within this price range of $18k-$19k which is so high in the whole history of bitcoin and it can go up or down 50/50 % at the end of the day. However, it seems that buyers and sellers are in consolidation, and the market clearly doesn’t have more power to push higher, so it going sideways for more than a week, finally bitcoin price corrected to $18,1 today. Some predict that bitcoin needs a retracement before taking off to break the $20k.