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Topic: Bitcoin Closing Price On 2019? What do you think this year 2020 will be? (Read 249 times)

legendary
Activity: 2058
Merit: 1015
Tbh, I really have no idea and i'm not a fortune teller. We are not sure yet if halving this year will have the same effect or not. Its possible that our expectation will turn into the other side because of volatility and unpredictable movements. We can atleast have a guess about closing price as soon as we see on what way btc is heading months after halving. Right now, for me it's too early to give about closing price and what we all have right now is hope that history repeat itself.
hero member
Activity: 1106
Merit: 502
I think the history will repeat this year as it happened in 2017. The 2018 and 2019 were similar to what it was in 2015 and 2016. People are expecting allot towards Bitcoin halving and we may see a new all time high in Bitcoin in 2020.
in my opinion, it's not possible ATH in 2020, if you talk history will repeat, ATH should happen in 2021 because if you look before when halving 2016 bitcoin increases in 2017, so when halving 2020 bitcoin increases in 2021, also when halving in 2012 bitcoin increases in 2013.
sr. member
Activity: 1988
Merit: 268
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the end of 2020 might look cheap at around $ 19k, but no one knows about the future. There is no accurate predictor even though he's an expert or a great trader, but I think $ 19k is already quite cheap at the end of 2020, year this will be a better year than before
sr. member
Activity: 756
Merit: 250
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according to my prediction the price of bitcoin at the end of this year is $ 15k. although in may bitcoin will be reduced by half it won't make its value skyrocket directly to $ 20k i think bitcoin will need time to get to the moon or reach a new ATH. so my estimation at the end of this year the price of bitcoin is $ 15k and in my opinion the price of $ 15k is pretty good. currently the price of bitcoin is $ 6900 if we buy bitcoin now and then hold it until the end of the year then we have made a profit.
legendary
Activity: 1806
Merit: 1521
exactly right now it seems like the whales are trying to take advantage of the holidays and try to push the bitcoin price as much as they can before everyone comes back from their holiday to the market and start buying up bitcoin.

I wouldn't attribute it to whales or manipulation. The holidays are often a time for market lulls. It's the same rationale that explains "Sell in May and go away."

In fact, the 2013 and 2017 bubbles both crashed shortly before Christmas. Food for thought!

Fortunately, the bearishness we saw in Q4 may result in the January Effect as we enter the new year, especially with the halving approaching.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
exactly right now it seems like the whales are trying to take advantage of the holidays and try to push the bitcoin price as much as they can before everyone comes back from their holiday to the market and start buying up bitcoin.
other than that i can only expect rises to begin in 2020 and start it all in January so we may not even have to wait that long for the start of the next bubble.
member
Activity: 338
Merit: 10
StartFi
I assume a small by small increase in bitcoin price this year, I know it will not be as easy as it sounds but last time we went up super high it was really a small increase over the course of months before it took off. So, I think first we will go up to over 9 thousand dollars with couple of increases, like 7.8 to 8.2 to 8.8 to 9.2 to 9.6 to over 10k eventually.

After that it will stay around those levels for a while but thae skyrocket to over 11k first, then do small again like 11.2k 11.5k 11.8k to 12.1 levels. These type of increases that are slow and each day will happen until 15 thousand dollars and we will probably get stuck there, it is a level where it is not all time high but it is quite high and close by, that will stay until bitcoin either does an insane skyrocket to over 20k or fail and go back down to something lower.

What better way is to start the year with a fresh and bloody dip to drop your trousers ? ^^ Waiting on the side lines for a low $6k, but having a baaaad feeling about it right now.
below 6k $ is a very unlikely price. Although bitcoin is now hovering around the $ 7k level, the support break has failed twice at $ 6k5. This suggests that there are plenty of speculators willing to buy this over $ 6k aggressively. so waiting for bitcoin to appear below $ 6k is a low possibility and we will miss the great opportunity to collect more bitcoins.
legendary
Activity: 1473
Merit: 1086
I assume a small by small increase in bitcoin price this year, I know it will not be as easy as it sounds but last time we went up super high it was really a small increase over the course of months before it took off. So, I think first we will go up to over 9 thousand dollars with couple of increases, like 7.8 to 8.2 to 8.8 to 9.2 to 9.6 to over 10k eventually.

After that it will stay around those levels for a while but thae skyrocket to over 11k first, then do small again like 11.2k 11.5k 11.8k to 12.1 levels. These type of increases that are slow and each day will happen until 15 thousand dollars and we will probably get stuck there, it is a level where it is not all time high but it is quite high and close by, that will stay until bitcoin either does an insane skyrocket to over 20k or fail and go back down to something lower.

What better way is to start the year with a fresh and bloody dip to drop your trousers ? ^^ Waiting on the side lines for a low $6k, but having a baaaad feeling about it right now.
hero member
Activity: 788
Merit: 505
We have coin halving coming this year and hopes are that price will go up due to this activity. Last year we saw an upward spike followed by Chinese president statement on blockchain. If we see any other statement this year chances are bitcoin my climb to 15000 USD. Anything can happen in this market of FUD and speculation. Just be careful with your money.
hero member
Activity: 2800
Merit: 595
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$20k might happen before 2020 ends if the cycle will really repeat itself but that is just a wishful thinking. The market today is too tough because more billionaires are going to keep manipulating this market.  And its going to make new traders suffer for they are going to be victims of bear and bull traps. Last 2018 we've seen Funds Manager crying for losing his clients money.  Grin
legendary
Activity: 3710
Merit: 1170
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I assume a small by small increase in bitcoin price this year, I know it will not be as easy as it sounds but last time we went up super high it was really a small increase over the course of months before it took off. So, I think first we will go up to over 9 thousand dollars with couple of increases, like 7.8 to 8.2 to 8.8 to 9.2 to 9.6 to over 10k eventually.

After that it will stay around those levels for a while but thae skyrocket to over 11k first, then do small again like 11.2k 11.5k 11.8k to 12.1 levels. These type of increases that are slow and each day will happen until 15 thousand dollars and we will probably get stuck there, it is a level where it is not all time high but it is quite high and close by, that will stay until bitcoin either does an insane skyrocket to over 20k or fail and go back down to something lower.
sr. member
Activity: 782
Merit: 258
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Bitcoin closed its 2019 journey at 7200$ while started its 2019 journey from 3200$. In 2019 we also saw bitcoin going upto 11000$ which is ATH for 2019. If you make some wise decisions and buy bitcoin when it is in low (how much low that you have to decide) then you will defiantly get at least one chance in 2020 to sell in high. I am 100% confident that bitcoin will touch 10k$ in 2020
hero member
Activity: 2184
Merit: 531
$ 20k prediction  Grin

We have not seen a real market in 2020, if we look at history, bitcoin has experienced ups and downs that are so severe, I want from the beginning of this year to the next few months how the movement of bitcoin or see after halving occurs may be a good improvement and will know the truth that ATH will soon reach as before.

We haven't seen a market in 2020 because there has been no market in 2020. To be exact we had only 1 trading day, because the other one was a holiday.
Maybe you meant 2019? We haven't seen a good bull market since 2017 so it's true in a way.

I expect us to reach at least 10 thousand this year. I'm not extremely bullish about a new all time high since they are opening even more options for the wall street shorters but there's also an ETF coming so that could be a positive catalyst.
sr. member
Activity: 952
Merit: 250
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10k up? Just a wild guess, no technical or particular reason behind. Anyway, I think bitcoin and other crypto would be having good market price this year as there are popular companies who start to adopt blockchain and some crypto currencies as well. You know they might influece others to do the same thing. And in addition, halving would come this year though price aren't changing right away but at least it would have an effect.

Too difficult to guess right now, and I am only waiting for successive increase which barely seen on my blockfolio. Meanwhile I was hoping to see that Bitcoin will surpass the $7k-$8k range before $10k is potentially be reached. All previous predictions of 2019 wasn't able to make it, that's why focusing on reality of the market is much secured ways to deal with our analysis.
sr. member
Activity: 854
Merit: 267
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For me closing price for bitcoin in 2020 will be 20,000$ or more this is because of bitcoin halving that will effect the bitcoin price,  but this is only speculation because we don't know what the problem and issue will happen now in year 2020. Hopefully full of adoption and awareness will happen so that price of bitcoin increases further.
It is possible. However, though Bitcoin halving will happen this year it is still vague if it will reach $20,000 but anyway through the help of more countries that will accept Bitcoin and other cryptocurrencies we could able to see Bitcoin attain that value or even more. I think this year 2020 will be the year where the world will gradually acknowledge and accept this blockchain technology or we could simply say massive adoption.
full member
Activity: 966
Merit: 153
I see 2020 being an incredible year for Bitcoin, not only on the price but also on more adoption and adaptation.
This year, hopefully more people will input Bitcoin as part of their payment method.
This alone is capable of driving Bitcoin into massive adoption and price increase.
hero member
Activity: 2520
Merit: 783
in my opinion it will probably be at $ 15,000, but we still have to see progress from the price of bitcoin in 2020 to Q2, because after halving the actual price will be seen

Quite good speculation since it could possibly reach up since the ATH is more higher than that but we should not rely on this thing since some speculator have the point maybe we can't see this figure for now but for sure after the halving effect will occur the price will start to climb up since mostly this scenario happens for the past years and provably it will happen this time again.
sr. member
Activity: 896
Merit: 268
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10k up? Just a wild guess, no technical or particular reason behind. Anyway, I think bitcoin and other crypto would be having good market price this year as there are popular companies who start to adopt blockchain and some crypto currencies as well. You know they might influece others to do the same thing. And in addition, halving would come this year though price aren't changing right away but at least it would have an effect.
sr. member
Activity: 2002
Merit: 250
in my opinion it will probably be at $ 15,000, but we still have to see progress from the price of bitcoin in 2020 to Q2, because after halving the actual price will be seen
sr. member
Activity: 1988
Merit: 254
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Since Bitcoin achieved ATH since the end of 2017. We have been seeing a solid recovery in the last 2 years, the price of bitcoin has risen from 3100$ and has now reached 7200$ when 2019 end. That's a great signal for this market because the price of bitcoin does not collapse like many predicted. I don't know how bitcoin will move in 2020, but I'm confident that by the end of 2020 bitcoin price will reach a minimum of 10000$.
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