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Topic: Bitcoin going on the major bull run in 2020 - page 2. (Read 432 times)

legendary
Activity: 3080
Merit: 1593
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I love your optimism OP but I think we’ll have to wait until 2021 for those kind of prices. It’s usually a slow grind after the halving & the real explosive moves upwards happen the year after the halving.
hero member
Activity: 1624
Merit: 500
so far prices have remained stable at $ 9k. if there is an increase in prices then it will happen before the end of the year. I honestly think that the bull run will also happen soon. however, a large increase could have occurred in 2021, not this year.
legendary
Activity: 1680
Merit: 1179
I believe OP is referring about Bloomberg prediction which is said Bitcoin will reach $20.000 or possibly reach new ATH $28.000 on this year. It's not suprised Bloomberg is very bullish about bitcoin, and always give good news about bitcoin. $20.000 on this year is possible according his explanation, but I don't think how accurate his prediction. IMO the prediction is too early, we need to wait what will happen on the next covid-19 wave around 1-3 months.



Anyway this thread has been discussed before Bloomberg: “Bitcoin will approach record high of about $20,000 this year”
legendary
Activity: 2282
Merit: 2196
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Do you have your technical analysis or explanation to backed your prediction? Otherwise how would we trust on it? We are seeing positive movement on bitcoin price even there is global crisis ongoing. So I am only expecting major bull run would happen if we found a solutions for COVID-19. Because we can't expect normal global economy before cure of COVID-19, so after cure from it global economy will bump for sure and we may expect real bull for bitcoin as well. There is no other big hope except it since halving already passed and we haven't seen any impact of it on bitcoin.
hero member
Activity: 2520
Merit: 783
Bitcoin going on the major bull run in 2020 - #COVIDー19 has accelerated Bitcoin’s maturation as an asset which is high of about $20,000 this year and may even reach a new high of $28,000 BTC  Wink What you thinks guys? Huh Smiley

Just another speculation keep coming and can I ask you this question? where did you get these prediction since I don't see any reliable support on this claims so maybe post some TA or whatever proof you have so that we can see this things are true. I don't see that we can go for that far this year so maybe lets step on closer looks since we might gonna end up chasing those figures if that will not hit up.
hero member
Activity: 2912
Merit: 541
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We hope bitcoin price can hit more than $20k this year or next year, and yes, bitcoin has a big chance to go to that price. But we need to enjoy the ride for a while because the price now still below than $10k. The bitcoin price needs to increase slowly or faster to break the higher price, and no matter what, the price will break $20k soon. But we don't know when the number $28k will be reached, and we can only wait for more while we can try to buy and sell to make more profit.
jr. member
Activity: 76
Merit: 4
Y’all calm down with baseless price predictions. The price is fine the way it is. We ought to be seeking wider adoption, and not miraculous bull run.
mk4
legendary
Activity: 2786
Merit: 3845
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Where the heck did you get the $20,000 and $28,000 price predictions though? Your magic crystal ball?

full member
Activity: 742
Merit: 160
I hope so, hoping that bitcoin could go up and up, but as a normal person we can predict the accurate price of the bitcoin in the future, even though this person who is known then known about fiction cannot say it as well if you have seen so many tweets about the prediction of the bitcoin do not believe them, there are many tweets about the price of the bitcoin on Twitter and we cannot tell that they can say the correct information about the upcoming value of the bitcoin. When the price of the bitcoin moves up to $10000 you would see so many tweets about the prediction of it.
newbie
Activity: 32
Merit: 0
Bitcoin going on the major bull run in 2020 - #COVIDー19 has accelerated Bitcoin’s maturation as an asset which is high of about $20,000 this year and may even reach a new high of $28,000 BTC  Wink What you thinks guys? Huh Smiley
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