Topic: 20K by March, A positive Look at the market. - page 2. (Read 960 times)

People will be selling for tax purposes. There will be crash to $7,000 until end of the year. Minimum will be at Dec 20. For 2020, lets be optimistic, halving and such will shoot up bitcoin somewhere to $30,000 and then we have new runaway bull run to somewhere $50K-$100K. I would consider selling some somewhere around $30,000 if that happens in the next 2 years. However, never sell all your bitcoin, because you never know when the true moon will be happening.

I have only $1,500 invested in bitcoin and I bought at $2,800. so i'm not gonna be rich with bitcoin anyway. Even if it goes to $100,000 I will get like $60,000. so I think the big question next year will be about holding or immediate profit. If the bitcoin goes to $28,000 do I sell it for roughly $15,000 profit or do I hold, knowing that the price always goes down at some point. people who bought at $3,000 then sold at $19,000, and then bought again are the boss in my opinion.

Thats look more rationall for us.bitcoin or cryptocurrency price will not rise alot without good fundamental,and also whales investors will not buying on coin that already overprice.before halving investor will try to accumulate their bitcoin amount  but it doesnt mean they will buy it on any price.and maybe this year we still see btc price below $15k.we hope next year it start moved to $20k and then continue to $50k a year after.

March or maybe at the beginning of April most likely Bitcoin will be priced at $ 20k (based on the chart displayed OP).  and even though the level of accuracy might not be 100% but we must remain optimistic about this prediction.

most likely yes.. Bitcoin will be priced at $ 50k-60k in 2021 (these are predictions based on theory)

I am increasingly optimistic about seeing OP and all the posts here about increasing bitcoin to reach $ 20,000 and hopefully becoming a reality.
and all I have to do now is wait and hold it for the next few months to get the maximum profit.

We can predict all the price and have an optimistic view on the market but the reality will be different, i am bullish on the bitcoin market in the long run but i am not expecting any big returns in the short term, there are many factors that will push the price to new levels and if you take a look at the past historical price after halving we usually see the rally but this time there are regulations in the horizon and all these factors will have an impact on the market.

20k$ by march seems optimistic in my opinion but I can see it happen as the charts you've mentioned really look solid and with some evidence to cover your statement. So until next halv we will have Bitcoin ~20k$ followed by a small dip and a projection towards 30k$+ after. What about 2021 ? If 2020 will bring Bitcoin over 20k$ , then 2021 will put it over 60k$ if the price continues to rise at those levels. Time to buy more bitcoin I guess <3

I am so happy that you provided me the link in the wall observer thread because I found finally a quality discussion about Bitcoin price.

Literally, I thought that nobody is talking about BTC price anymore on this forum, especially in a serious way and without any fooling around.

Bookmarked, watched and set notifications, so I will not miss any single post and hope to be frequently here.

Nothing is out of the ordinary guys.


We still have a few days left for the monthly candle, not closing the month below 7700$ is alone a good indication, close above 9900$ is even a better indication that this analysis might play well.

I agree to you 2020 halving will bring a good uptrend to bitcoin look at the previous history of bitcoin halving and you will notice that its always a uptrend but like what others always said everything can be change no one will know what will happen but I still believe bitcoin will be back to its all time high.

In the coming years we will see regulations being implemented in the market and i am expecting the market to reach around $10k by the end of this year and i am not expecting any big rally again this year, there is a serious economic slow down around the world and it is to be seen how the bitcoin market will react to that too, everyone is expecting the price to rise after halving but what happens we see a economic crisis is yet to be seen.

By mid-2020, we would have been having the blocking reward, and I think that the halving them may really push the price of bitcoin to go above the last all time high of 2017/2018. This year has already ended, and I don’t think that we should be expecting any that much again as regards increase, I mean major increase.

The only increase that I could see now is that the market recovering back to the value of $10000 by the end of this year, while the bull run will start fully by next year. It is still speculation though, we just need some good news such as regulation, adoption by very powerful government and we will see that the value does not even have to wait for halving for it to rise, so everything still depends on the fundamentals that will occur at that time.

If people still have money and really afford it, i think it is worth to do. At least bitcoin investment is safer than must make investment in new projects. And with halving, people already have benchmark or maybe confirmation about news that will make bitcoin price get pumped.

yeah everybody is sure that halving will ring positive changes in bitcoin price and i think after this halving the price of bitcoin will become very high, so now a days it is a chance that the price of bitcoin is very low as at this price the accumulation of bitcoin will be very useful for the future and bitcoin will bring more profit.

Only halving is my reason why i sure bitcoin price will increased. Maybe there will be accumulate phase after it down on christmas and new year like what you said. But if next halving really can bring bitcoin price like in last halving, maybe it is time bitcoin to increased it's value.

Come on, guys, this is the fourth quarter of the year with no bull run in the market yet. Don't forget the market normally goes down during Christmas and New year. Forget the charts, I don't actually see a reason why bitcoin price will reach $20,000 by the end of the first quarter 2020 why not even third quarter? Do you even have a reason for the pump? the price doesn't just get pumped like that

It will not a long time for bitcoin to reach $20,000 if the market is ready as we have seen over 30% in crease overnight during the bull run ans we are just a bull run away from those magical numbers but again the worst part it we don't know when as I am sure $8,000 is not the permanent value of bitcoin as it will pump but not sure when.

Everyone believes that bitcoin will really touch again the price of 20000$ but we still not sure that it will happen in the end of this year or even in the year 2020. As of now the price of bitcoin are now near to fall 7700$ which when it might result to another bear market because it will keep on falling down. I guess the bitcoin halving will be the big event that can bring new bull market to us.

So does this mean there were any indicators back in 2017 that are absent now ? was bitcoin any better than it is now ? if your answer is yes - please name those indicators, if your answer is no- then your statement is invalid, I am not sure what indicators are you talking about , are you talking about fundamentals ? adoption? or technical indicators?

I am not confirming the fact that bitcoin will hit 20k in that short period of time, for all I know , it can go back to 1k in that period, i consider that option with an open mind,but I don't say it out loud , why? because I need something to back it up with, for now , there does not seem to be any indication for it, also please notice that the market of today does not move exactly the same as it did, there are similarities and differences , notice this step


if everything was to work exactly the same, a rejection from 7600$ level to 5900$ before breaking the 8k level should have happened, but the market chose to ignore it, which means we could very likely make up for that move ad retest 5900$ before heading to our next fibo level

in short, this scenario does not have to play 100% the same, so really there is no point in just sitting there waiting for 9900$ in 15 days , this thread should not be treated that way, it's only there to serve as a possible scenario of how things could play out in the next several months.

The most intense bull runs happened because people didn't expect them to happen, hence the immense fomo buying pressure that sellers just couldn't sell through in 2017.

People also didn't expect a bull run to commence when we were hovering between the $3000-$4000 levels after the brutal 50% drop. People couldn't agree with each other on how low the price would drop. Would the bottom be $1800? Or even $800? People were well equipped to buy these lows, but weren't equipped to ride the next bull wave, and that's when you get such explosive increases.

What do people do when they see the price go up and don't want to miss out any further? They fomo buy. The capital people thought to use to buy Bitcoin below $3000 was pumped back into the market at much higher levels.

This is what a lot of people didn't expect to happen way back 2017 and all got surprised that a 20,000$ BTC is possible even on a short time frame. If you ask me personally even deep down I don't still believe that short price pumps are possible but the evidence and historical price charts are there to prove us wrong and indeed we should prepare or expect the unexpected when it comes to Bitcoin price movement or the movement of the market overall. Just believing on something and staying for it even if it's all going in the opposite direction is one of the worst things a trader can do because there is too much opportunity that is loss.