Bitcoin price correction continues, dashing hopes of $20K in 2020

[newshunter]

Bitcoin price correction continues, dashing hopes of $20K in 2020

Bitcoin will probably not reach $20,000 this year if a key technical price level isn't reclaimed soon.

Source: Bitcoin price correction continues, dashing hopes of $20K in 2020

Would appreciate your opinion about this

[Gravatai]

It looks like the price has already started to rise again and we have a chance to see the price above $20K again this year. The fact is that the situation is different now than it was in 2017. This time, large investors have entered the market and they will not dump Bitcoin in a panic, as inexperienced investors did in 2017.

[TomPluz]

Eventually, only time can tell if Bitcoin can eventually win the top prize of this year and that is able to reach the $20K level and beyond. Well, personally, there should be no race here. We should be allowing Bitcoin to go as fast or as low as it wants. And I don't really care if it can or can't be able to topple the important psychological $20K barrier.