Bitcoin Never to Surpass $20k Again?

[sampoerna]

If we are talking about now and one year later, it will be very difficult for the Bitcoin to reach around $20k and it may be impossible.
However, how is about 3 next years? Who knows? Everything can happen and 3 years later may be reasonable to occur as what happen in 2017.

[mlawson71]

Or the next ten years, for that matter. No one can make a prediction about that far into the future, I think.

[tonymillions84]

weiss rating has been one of the worst group in cryptocurrency rating. there was a time they rate neo higher than bitcoin. no reasons what so ever. i have never like that rating though but i think they are right in this. i don;t think BTC will ever surpass that price mark again in few years to come.

[mimikri]

Well it’s very difficult to predict the price of crytocurrencies and everything is possible in its market. Once bitcoin has surpass such value before it’s possible it may hit and even surpass it in the near future.

It will reach 20 thousand, but probably, not in 2019-2020. Those, who are waiting for the greatest jump of BTC, must prepare to wait.

[vegasus]

From what criteria we can consider about this? Probably it may be true, however, it seems that in this year or next two year, it will be hard to achieve $20k. But, we don't know what will happen in the next 3 or more years again. It may change and reach higher value and rate again.

[Goodman18]

Price Bitcoin will surely soar to the moon again and will be more than $ 20k! Perhaps this will not happen as quickly as everyone wants to see, but we all believe and are willing to wait a long time. Blockchain-based technologies are increasingly being introduced into our daily lives and are of interest to many people, so Bitcoin will surely reach new heights

[mlawson71]

When do you think such a rally will happen? Do you think it will happen this year?

[Hexsas]

It is difficult to predict the price of Bitcoin, market conditions are still not so recovering that the increase in bitcoin is very slow, but in the long run, bitcoin will be able to reach 20k and even exceed that.

[Jayde]

I think that Bitcoin might reach that price again when we have a new bull run of the market, perhaps Bitcoin can surpass that price and make a new ATH

[Bobcrypto]

I think the possibility on Bitcoin to surpass $20k can still happen but may not be 2019. However, I think that the bull run is all ready  in progress, in my forecast, Bitcoin may hit $12k before the year end.

[Stuart]

Bitcoin Never to Surpass $20k Again?

Weiss Ratings Says the Next Bull Run Cannot Exceed Previous One

Weiss Ratings has spoken up concerning the next bull run which some analysts say will be bigger than that of 2017. In a tweet, the firm said no bull run can be bigger than the previous one, but cryptocurrencies have a lot of potential because of investors likely to turn to the industry.

Many analysts have spoken about the bear market and the next bull run which Bitcoin and other cryptocurrencies have been warming up for already. One of the analysts, a researcher, and Co-founder at Delphi Digital, Tom Shaughnessy, said the next bull run will surpass that of 2017.

What are your thoughts on the above? Do you think it's not possible for Bitcoin to surpass or at least duplicate what it did on December 17, 2017? Read the full news article here.

Note, there are lots of people who are good in talking, and there are lots of people who are good in writing, what they say/write does not matter in the crypto space, what matters is the adoption of the coins. Bitcoin got to the height peak at 2017, and then we faced a deep, the next bull will go far higher as more investors will come in, which will increase the rate of demand pumping the price of the commodity.

[Pegasus]

Taking the chance of halving May 2020, I think bitcoin will have some big pumps and possibly surpass $20k. Even when it can't reach $20k in 2019 or 2020, who knows in the next 5 or 10 years. I have a strong belief on bitcoin surpassing $20k in the future.

[epidemia]

Note, there are lots of people who are good in talking, and there are lots of people who are good in writing, what they say/write does not matter in the crypto space, what matters is the adoption of the coins. Bitcoin got to the height peak at 2017, and then we faced a deep, the next bull will go far higher as more investors will come in, which will increase the rate of demand pumping the price of the commodity.

This is an interesting theory, and I think this idea has the right to life.
True crypto enthusiasts understand that bitcoin is similar to gold. In essence, gold and bitcoin have some similar features:
 - Limited quantity.
 - High complexity and cost of production.
 - Possibility of payment.
 - Saving the asset itself. (For example, iron decays in a month, but the gold is lying at the bottom of the marshes of the century).

But the difference Bitcoin's from gold, because gold can be found somewhere, not all deposits of gold are still explored, not all explored places are being developed. Ultimately, there is still the opportunity to search for it on the ocean floor, on asteroids, on other planets...

I believe in bitcoin, and you?

[Alcor]

It is highly likely that in the next two years Bitcoin will not be able to surpass its previous price record of $ 20,000. After that, perhaps he will reach such a price. However, I very much doubt that he will ever be able to reach a price of about fifty thousand dollars or more. In my opinion, this is unrealistic.

[HanZo04]

No one knows for sure. But I see an increase in the market still happening even though slowly. We can only be optimistic and remain confident.