GOOD NEWS GUYS ... blog.coinbaazar.com , now have the feature of chat room to discuss , dedicated for crypto enthusiast , join now before it gets full or you will have to wait for other to join ,
coinbaazar.com
Topic: Bitcoin prediction 2020 (Read 2162 times)
Good to see bitcoin finally going to sustain the resistance ... lets see how it goes this year .
less than 2 days 2020 will end, and my prediction for this year is that the Bitcoin price will reach $ 30k,
yes, even though we know the resistance price has not yet been broken, we are still monitoring, hopefully that can happen.
yes, even though we know the resistance price has not yet been broken, we are still monitoring, hopefully that can happen.
It could achieve 30k or may be near as it is now at 28200$. It is falling back after 28500$ so not able to find resistance beyond that levels currently. Believe that if it can break 28500 then might stop at 30k. With almost 1.5 days left anything is possible and above 28k is a good price for this year to end.
Within few years time we're reaching the last day of the year 2020. Right now bitcoin has marked its ath value above $28000. If the market is so supportive there is more possible chance of price reaching above $30k. 2020 is really a big year for the entire world. As a bitcoiner it was fruitful, but as a common man we've learned big out of the pandemic.
What an incredible prediction that has been made, indeed the price of $ 20k for bitcoin is very important, because resistance is at $ 20k and thank goodness bitcoin was able to answer it correctly, bitcoin hit a new all time high at $ 23k then set a new record again to $ 28k and now things are still bullish, maybe later this year we'll see $ 30k!
I never knew before sharing this blog , it would make sense to the best of its prediction . bitcoin has finally reached $28000 , an almost exact figure mentioned in this blog.
Oddly enough, but the prediction shown in the first post turned out to be correct 
It would be interesting to know the opinion of the analyst who prepared it regarding 2021 and what options for the behavior of the price of bitcoin are considered after reaching the target levels of this year. It would be interesting to write them down in the same topic and check in a year.
It would be interesting to know the opinion of the analyst who prepared it regarding 2021 and what options for the behavior of the price of bitcoin are considered after reaching the target levels of this year. It would be interesting to write them down in the same topic and check in a year.
yeah the prediction is bang on ...without an iota of doubt ...this is a result of proper research and knowing market trends
Interesting topic which created in mid-2020 when bitcoin price was just $9,3k. Many people in this forum didn't believe that bitcoin could reach $20k by the end of the year, but if you ask them now, they may have different idea about the price towards the end of the year. People tend to think pessimistic or don't want to expect much, perhaps afraid of being disappointed about the unexpected reality in the end.
~
~
Thanks for pointing these members , who were truly against this blog post and never looked at the positive side. Now i would really want that they shall come up with their rebuttal and theory. I was never expecting much and never looked for 20k , but i always believed that you can compare analyst to doctors , some good and some not , but they can actually look into the scenarios differently and in depth .
My pleasure, I understand that hard to believe what you can't see before your eyes or it's too far to achieve in a short time, such as the predictions that say Bitcoin will hit $50k in December 2020. However, within 6 months in the bitcoin market, many things could happen, hence $50k in mid-2021 more likely to be accomplished.
Meanwhile, let's focus on the next target at $20-$25k and enjoy the rally until the end of the year.
You know it will reach 20-25k is one thing , and to sustain that level is another , most of the time when btc goes up , we have seen the trend that it drops down instantly , without maintaining that level . So in my opinion even if it reaches 15-20k in the year end , the major point is it should sustain that level. So people will not think cryptocurrency as bubble.
Guys also you can check a really important and hot topic DeFi
What is DeFi and why is it the hottest ticket in cryptocurrencies?
https://blog.coinbaazar.com/what-is-defi/
What is DeFi and why is it the hottest ticket in cryptocurrencies?
https://blog.coinbaazar.com/what-is-defi/
So many people were skeptical about this blog post and bitcoin price ,that it cannot even touch 15k , thats the major difference between between a general trader and analyst . Because they predict keeping in mind the past records and public sentiments .
currently bitcoin has touched $ 18K and this is clearly far from my expectations, because I only estimate that bitcoin will only reach $ 15K- $ 16K by the end of this year.I actually agree that we predict bitcoin from the analysis of experience that has occurred so far with bitcoin, because that is the only analysis that can be done to determine the next bitcoin, maybe all will have different perceptions and that is understandable.
Please read the complete blog, according to the blog analyst , the bitcoin may reach to 28k by the year end.
Interesting topic which created in mid-2020 when bitcoin price was just $9,3k. Many people in this forum didn't believe that bitcoin could reach $20k by the end of the year, but if you ask them now, they may have different idea about the price towards the end of the year. People tend to think pessimistic or don't want to expect much, perhaps afraid of being disappointed about the unexpected reality in the end.
~
~
Thanks for pointing these members , who were truly against this blog post and never looked at the positive side. Now i would really want that they shall come up with their rebuttal and theory. I was never expecting much and never looked for 20k , but i always believed that you can compare analyst to doctors , some good and some not , but they can actually look into the scenarios differently and in depth .
My pleasure, I understand that hard to believe what you can't see before your eyes or it's too far to achieve in a short time, such as the predictions that say Bitcoin will hit $50k in December 2020. However, within 6 months in the bitcoin market, many things could happen, hence $50k in mid-2021 more likely to be accomplished.
Meanwhile, let's focus on the next target at $20-$25k and enjoy the rally until the end of the year.
So many people were skeptical about this blog post and bitcoin price ,that it cannot even touch 15k , thats the major difference between between a general trader and analyst . Because they predict keeping in mind the past records and public sentiments .
currently bitcoin has touched $ 18K and this is clearly far from my expectations, because I only estimate that bitcoin will only reach $ 15K- $ 16K by the end of this year.I actually agree that we predict bitcoin from the analysis of experience that has occurred so far with bitcoin, because that is the only analysis that can be done to determine the next bitcoin, maybe all will have different perceptions and that is understandable.
So many people were skeptical about this blog post and bitcoin price ,that it cannot even touch 15k , thats the major difference between between a general trader and analyst . Because they predict keeping in mind the past records and public sentiments .
Yeah, what the article mentioned makes sense to the current situation despite many users doubt that analyst although it was based on a study in the market with the halving and institutional investors, not a wild guess without explanation. Nonetheless, it's not the end of the year yet Bitcoin can manage to reach $20k shortly, with that in mind, the projection of bitcoin may reach $28k probably going to take place in December, who knows.
The report also states that bitcoin will reach a 2017 high of 20,000 dollars and may even reach a new high score of 28,000 dollars, as we saw in the last year the high was about 14,000 dollars, which could convert bitcoin almost double in 2020.
So many people were skeptical about this blog post and bitcoin price ,that it cannot even touch 15k , thats the major difference between between a general trader and analyst . Because they predict keeping in mind the past records and public sentiments .
currently bitcoin has touched $ 18K and this is clearly far from my expectations, because I only estimate that bitcoin will only reach $ 15K- $ 16K by the end of this year.
I actually agree that we predict bitcoin from the analysis of experience that has occurred so far with bitcoin, because that is the only analysis that can be done to determine the next bitcoin, maybe all will have different perceptions and that is understandable.
anything can happen in cryptocurrencies, moreover, just a $ 1000 increase can happen in just a few seconds,
now it is $ 19200, $ 500 less to break the resistance in 2017.
So many people were skeptical about this blog post and bitcoin price ,that it cannot even touch 15k , thats the major difference between between a general trader and analyst . Because they predict keeping in mind the past records and public sentiments .
currently bitcoin has touched $ 18K and this is clearly far from my expectations, because I only estimate that bitcoin will only reach $ 15K- $ 16K by the end of this year.
I actually agree that we predict bitcoin from the analysis of experience that has occurred so far with bitcoin, because that is the only analysis that can be done to determine the next bitcoin, maybe all will have different perceptions and that is understandable.
So many people were skeptical about this blog post and bitcoin price ,that it cannot even touch 15k , thats the major difference between between a general trader and analyst . Because they predict keeping in mind the past records and public sentiments .
currently bitcoin has touched $ 18K and this is clearly far from my expectations, because I only estimate that bitcoin will only reach $ 15K- $ 16K by the end of this year.
I actually agree that we predict bitcoin from the analysis of experience that has occurred so far with bitcoin, because that is the only analysis that can be done to determine the next bitcoin, maybe all will have different perceptions and that is understandable.
Oddly enough, but the prediction shown in the first post turned out to be correct
It would be interesting to know the opinion of the analyst who prepared it regarding 2021 and what options for the behavior of the price of bitcoin are considered after reaching the target levels of this year. It would be interesting to write them down in the same topic and check in a year.
It would be interesting to know the opinion of the analyst who prepared it regarding 2021 and what options for the behavior of the price of bitcoin are considered after reaching the target levels of this year. It would be interesting to write them down in the same topic and check in a year.
Guys lets not be confused about the prediction , i can see many people are actually commenting without even reading the blog, which is actually not making sense because, once you read the blog , it is specifically written what bloomberg analyst think about , and on what basis . The past scenarios , oblviously the word prediction means a vague not definite , but yes they predicted based on some studies in the past.
Bloomberg is rarely right, just like CNBC.
The fact that most people think it's going to go up is why we don't see any big upward moves right now. In the peak of the last bull market most people were also saying that it would go up. When the most persistent bears turn bullish is a sign that the market will soon reverse, because these people are always late for the party.
I believe we will stay in a channel of 8-12k for the rest of the year and maybe longer than that. If stocks crash again we might go lower.
Seems like optimism is rarely found in some people and he is one of them , Bitcoins is hovering around 18k , and now either bloomberg or either this blog will be given its due credit , for giving us such an insight . These blogs and predictions makes us believe that crypto world is full of surprises.
Interesting topic which created in mid-2020 when bitcoin price was just $9,3k. Many people in this forum didn't believe that bitcoin could reach $20k by the end of the year, but if you ask them now, they may have different idea about the price towards the end of the year. People tend to think pessimistic or don't want to expect much, perhaps afraid of being disappointed about the unexpected reality in the end.
They're highlighting these predictions which looks like the person who did it is prominent.
It's the same with every single price prediction ever. It doesn't matter. Price predictions are completely pointless regardless who made the prediction.
True.They're highlighting these predictions which looks like the person who did it is prominent.
Don't believe this and neither fall for this folks because it's likely not going to happen. Most financial markets are crashing and the entire crypto market does not look good. Don't think bitcoin is going to reach such a high price at least this year. Let's look at a price prediction of $10K-15K and as that seems feasible
This is just another wild guesses coming from a supposedly expert. Market is very volatile, just look at today's downtrend. We even can't make it to 5 digits and sustained what more to go to $20k at the end of the year?
And we still have the pandemic, we need to consider that as well. Maybe investors are reluctant because there's a lot of uncertainty right now. So I wouldn't take that prediction seriously, let the market flow its normal course and don't expect a big jump so that we all won't get disappointed at the end.
And we still have the pandemic, we need to consider that as well. Maybe investors are reluctant because there's a lot of uncertainty right now. So I wouldn't take that prediction seriously, let the market flow its normal course and don't expect a big jump so that we all won't get disappointed at the end.
Thanks for pointing these members , who were truly against this blog post and never looked at the positive side. Now i would really want that they shall come up with their rebuttal and theory. I was never expecting much and never looked for 20k , but i always believed that you can compare analyst to doctors , some good and some not , but they can actually look into the scenarios differently and in depth .
Interesting topic which created in mid-2020 when bitcoin price was just $9,3k. Many people in this forum didn't believe that bitcoin could reach $20k by the end of the year, but if you ask them now, they may have different idea about the price towards the end of the year. People tend to think pessimistic or don't want to expect much, perhaps afraid of being disappointed about the unexpected reality in the end.
They're highlighting these predictions which looks like the person who did it is prominent.
It's the same with every single price prediction ever. It doesn't matter. Price predictions are completely pointless regardless who made the prediction.
True.They're highlighting these predictions which looks like the person who did it is prominent.
Don't believe this and neither fall for this folks because it's likely not going to happen. Most financial markets are crashing and the entire crypto market does not look good. Don't think bitcoin is going to reach such a high price at least this year. Let's look at a price prediction of $10K-15K and as that seems feasible
This is just another wild guesses coming from a supposedly expert. Market is very volatile, just look at today's downtrend. We even can't make it to 5 digits and sustained what more to go to $20k at the end of the year?
And we still have the pandemic, we need to consider that as well. Maybe investors are reluctant because there's a lot of uncertainty right now. So I wouldn't take that prediction seriously, let the market flow its normal course and don't expect a big jump so that we all won't get disappointed at the end.
And we still have the pandemic, we need to consider that as well. Maybe investors are reluctant because there's a lot of uncertainty right now. So I wouldn't take that prediction seriously, let the market flow its normal course and don't expect a big jump so that we all won't get disappointed at the end.
Jump to: