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When do you think bitcoin will reach 20,000 again?

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Monetizeit

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The halving has happened and everyone thought it would go up, think again. When do you think bitcoin will reach 20,000 again?
I think when this global pandemic ends and the world economy unfreeze and starts being productive again then people will be able to focus mire on cryptocurrency along with their assets
 

microunit

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The halving has happened and everyone thought it would go up, think again. When do you think bitcoin will reach 20,000 again?
it's still years ahead as most of the supply are now circulating in the market, usually the halving affects the price because of dwindling supply from the miners and more new people are getting attracted by the "halving" news effect, but that is not the case now as the halving don't have much effect and largely because of the pandemic
 

Josemendez

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The truth is that we expected it to rise but then , it may still go up . one thing about cryptosystem is that it's prize or increase in value can't be easily predicted. We just have to wait and see whatever happens
 

Emoney

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Don't go rushing the price now. You can't just expect bitcoin price to soar t0 20,000 USD like in 2017. Just be patient, we'll get there sooner or later.
 

microunit

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The only time I think bitcoin will go upto 20000$ is during the next halving where it might be good unlike the one this year which made no change to the price.
the 4th halving might even have much lesser impact in bitcoin price as most of the supply are already in circulation in the market exchange
 

De-rector

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It could be anytime from now because the mining activities is becoming much more expensive so the price of bitcoin will also be expensive, let see what the month of August will be in terms of price.
 

microunit

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Wait and watch...
Don't hurry to make prediction. Bitcoin has always been volatile, so it's not easy to guess when will it rise to 20,000 back, but, be certain... It will increase. Have patience.
duhhh, it's obvious to rise because it is a deflationary currency, I don't know what or where a coin is deflationary but still loses value
 

De-rector

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bitcoin is a real bubble that you buy with money and when it comes down it does hard do not invest in such a things always calculate your return before investing in such volatile asset
This is true , any assets that is volatile it is better to invest carefully and considerably, the good side should not be the only to look into but also the bad side too. People get frustrated at the end because they believe the investment must be positive not knowing that market forces could turn upside down once in a while.
 

brent_abella

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In my own opinion, this will not go beyond 20k anymore in short-term. The market is now exhausted and got injured during the crash that still continues since end December. So, I would lower my expectation from the market for now. The recovery process takes months or years until the market gets the investors’ trust back.
 

ExtremeDiver

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Yes I hope so. It will probably make delay but this year there is high possibility to happen. Halving impact is coming and investment on bitcoin will go more with time.
 

Jasontn

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Now I am in doubt whether it will happen at all or not. Bitcoin is missing some boosts while people are more engaged in investing on this coin. Probably this year bitcoin is under 20k.
 

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Under $20k but above $10k will still be very ok for investors because most of them might be wrecking between 25 % to 60% return on investment, if most developed countries are able to recover soonest then bitcoin may go beyond $20k but it is better our expectations are moderate as said by @brent_abella .
 

AlexCryzek

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Bitcoin is not so fast now. Going pretty slow. May be what we can expect is some delay but hopefully it will reach there. Halving impact need time to work for bitcoin.
 

Metallica

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Bitcoin is not so fast now. Going pretty slow. May be what we can expect is some delay but hopefully it will reach there. Halving impact need time to work for bitcoin.
I have heard that there is confusion telated to this halving and bitcoin may not rise so much. Didn't get rime to check authenticity of this news but I guess what you told is just my voice - old man running slow and steady.
 

krishnamuri

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Most probably once the Bitcoin crosses $10000 , it's most likely gonna go till $15000 atleast. But as of now , it's stable at $8700-$9500 , hopefully it crosses 10k in around a week
 

Brain

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Don't go rushing the price now. You can't just expect bitcoin price to soar t0 20,000 USD like in 2017. Just be patient, we'll get there sooner or later.
Exactly no need rushing things because it will hardly change anything now. The economy isn't even stable now so I don't any galloping change happening now.
 

Shaun Richard

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Reaching 20000 bucks can take more than 1 month. I remember it had reached 20000 dollars back in December 2017. So we can expect the same in December 2020 hopefully
 

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Let watch the price grow slowly so that at every point people can easily invest or trade off, the fluctuations alongside increase in price is far better, if it take 6 months to hit $20000 that will be fine and fair.
 
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