Topic: Bitcoin prediction 2020 - page 3. (Read 2099 times)
It's true that Bitcoin is performing great not only in the stock market but also aiming institutional adoption, that may draw investors attention but don't forget that bitcoin was passing with Covid-19 epidemic in this year. so it need time to get stable and touch that kind of high volume. But i would happy if bitcoin really get double of its price within available 3 months duration
Tyler and Cameron Winklevoss, the founders of Winklevoss Capital and bitcoin exchange Gemini, argue that the current economic crisis significantly reduces the value of oil and the dollar, which are no longer seen as exceptional and more profitable investments, but also as a means of storing their assets, and in as a result, inflation destroys savings. Based on this, Bitcoin is the best choice in this regard, besides, according to statistics, in the second half of 2020, people became more interested in Bitcoin, as evidenced by the statistics of queries in google search. And also, many began to choose BTC as a profitable investment and as a storage. I think this is a very good argument for price increases in the near future.
i think rather than looking for investment , we should look on the concept of acceptance, .... the more the acceptance of digital currenct , the more it will have a bigger impact ....
I agree with you without adoption there will be no increased in price, price follows after adoption, and many people and companies coming in, Bitcoin is now in this position because of its early supporters and this forum, it's multiplication of people coming in to believe use and adopt Bitcoin.
added that many who believe in bitcoin as an exchange will certainly increase the number of investors who will continue to be interested in making bitcoin an investment. Especially when in recent months bitcoin investment has been unusually long-term, it is now short-term and if someone does it, they will certainly get a decent profit. Bitcoin will continue to be in demand because the value it carries is constantly being sought and used as the benchmark for all digital money.
i think rather than looking for investment , we should look on the concept of acceptance, .... the more the acceptance of digital currenct , the more it will have a bigger impact ....
I agree with you without adoption there will be no increased in price, price follows after adoption, and many people and companies coming in, Bitcoin is now in this position because of its early supporters and this forum, it's multiplication of people coming in to believe use and adopt Bitcoin.
Yes it could double because most of the bitcoin users now wanted it to happen. The sense of holding it make will be the key to double its market price.
However there are factors that it will not going to happen especially if whales who had been invested on bitcoin from the market crash which market price is relatively low then pulling their holdings out will affect the bitcoin market price. The results will make others to panic if the selling effect would make a huge market price downfall for bitcoin.
Anyway, the hope of making it double is high so hold bitcoins for now and earn later or sell bitcoin now and regret later.
However there are factors that it will not going to happen especially if whales who had been invested on bitcoin from the market crash which market price is relatively low then pulling their holdings out will affect the bitcoin market price. The results will make others to panic if the selling effect would make a huge market price downfall for bitcoin.
Anyway, the hope of making it double is high so hold bitcoins for now and earn later or sell bitcoin now and regret later.
You have listed several factors for and against, but of the factors in favor, you named only the desire of the people who hold bitcoin. I think this is a very weak reason, but in fact it cannot be a reason at all because otherwise the price of bitcoin would already be billions of dollars
Yes it could double because most of the bitcoin users now wanted it to happen. The sense of holding it make will be the key to double its market price.
However there are factors that it will not going to happen especially if whales who had been invested on bitcoin from the market crash which market price is relatively low then pulling their holdings out will affect the bitcoin market price. The results will make others to panic if the selling effect would make a huge market price downfall for bitcoin.
Anyway, the hope of making it double is high so hold bitcoins for now and earn later or sell bitcoin now and regret later.
However there are factors that it will not going to happen especially if whales who had been invested on bitcoin from the market crash which market price is relatively low then pulling their holdings out will affect the bitcoin market price. The results will make others to panic if the selling effect would make a huge market price downfall for bitcoin.
Anyway, the hope of making it double is high so hold bitcoins for now and earn later or sell bitcoin now and regret later.
i think rather than looking for investment , we should look on the concept of acceptance, .... the more the acceptance of digital currenct , the more it will have a bigger impact ....
Bitcoin price goes up and down all the time , what i think is whether prediction of $20k comes clear by end of year or not , the crypto market has shown its potential to sustain a situation after pandemic and so many damage to nations economically . So my conviction says taking all into consideration , the price will continue to increase, so whether it stops at 15k , 17k or 20k . It was meant to show positive signs , of which it already did , there would be some push needed and major news needs to happen in terms of acceptance , to reach 20k or above.
Yes it could double because most of the bitcoin users now wanted it to happen. The sense of holding it make will be the key to double its market price.
However there are factors that it will not going to happen especially if whales who had been invested on bitcoin from the market crash which market price is relatively low then pulling their holdings out will affect the bitcoin market price. The results will make others to panic if the selling effect would make a huge market price downfall for bitcoin.
Anyway, the hope of making it double is high so hold bitcoins for now and earn later or sell bitcoin now and regret later.
However there are factors that it will not going to happen especially if whales who had been invested on bitcoin from the market crash which market price is relatively low then pulling their holdings out will affect the bitcoin market price. The results will make others to panic if the selling effect would make a huge market price downfall for bitcoin.
Anyway, the hope of making it double is high so hold bitcoins for now and earn later or sell bitcoin now and regret later.
everyone has their own predictions, so reading the article or not actually has no effect on market conditions only adds to other people's thoughts on recommended coins. I predict Bitcoin will still be stable at tens of thousands.
You are right it's been prediction here prediction there, and there are so many now, now that we are in the last quarter of the year, some people are making a lot of money doing prediction and some getting a lot of predictions, predictions is a good business and part of a highly volatile market like Cryptocurrency.
Anyone could predict on bitcoin price as this is granted in this industry that many users are waiting for the bull run to happen. It just a prediction and many people has it's different assumptions when it comes to the price. So let's see truly if what price this bitcoin will heading.
The point is, bitcoin can't jump from $10k to $20k without any indication. I mean There are some steps and indications that have to followed by bitcoin. no doubt bitcoin is going to pump in upcoming days but it would be so difficult for btc get twin of its current price. I think, bitcoin price could be raise $15k something at the end of 2020I agreed on your prediction simply because I know that the market is now getting better perhaps due to our current situation but this not necessarily mean it will rise up in instant. But that that doesn't matter, what important is we should be always ready for any circumstances.
everyone has their own predictions, so reading the article or not actually has no effect on market conditions only adds to other people's thoughts on recommended coins. I predict Bitcoin will still be stable at tens of thousands.
I think it's just a prediction and no one guarantees that his words are true, everyone even has their own predictions, nothing is really right unless the predictions are correct and will be recognized.
otherwise it will just pass away as it is past.
Anyone could predict on bitcoin price as this is granted in this industry that many users are waiting for the bull run to happen. It just a prediction and many people has it's different assumptions when it comes to the price. So let's see truly if what price this bitcoin will heading. otherwise it will just pass away as it is past.
Of course, everyone can make predictions and they can be more or less correct. But for me there are differences between predictions made on pure guessing and those which use some technical and historical analysis.
At this moment every Bitcoin price is possible and it's very hard to say how the Bitcoin price will develope by the end of the year.
The point is, bitcoin can't jump from $10k to $20k without any indication. I mean There are some steps and indications that have to followed by bitcoin. no doubt bitcoin is going to pump in upcoming days but it would be so difficult for btc get twin of its current price. I think, bitcoin price could be raise $15k something at the end of 2020
I think it's just a prediction and no one guarantees that his words are true, everyone even has their own predictions, nothing is really right unless the predictions are correct and will be recognized.
otherwise it will just pass away as it is past.
Anyone could predict on bitcoin price as this is granted in this industry that many users are waiting for the bull run to happen. It just a prediction and many people has it's different assumptions when it comes to the price. So let's see truly if what price this bitcoin will heading. otherwise it will just pass away as it is past.
Just continue what you are doing and forget those critics,it is not you who will suffer if the prediction comes true and if they did not even invest.
That's true provided that you believe in the hype and put everything you've got in the coins you've believe, the market is highly volatile we never know where it's heading even if we want to shut off the critics we still need to get the right movement of the price, sometimes critics give us the best condition of the market.
Just continue what you are doing and forget those critics,it is not you who will suffer if the prediction comes true and if they did not even invest.
That's true provided that you believe in the hype and put everything you've got in the coins you've believe, the market is highly volatile we never know where it's heading even if we want to shut off the critics we still need to get the right movement of the price, sometimes critics give us the best condition of the market.
Predictions are meant to be true or false ,
Exactly what it is meant to be,because no one really knows what will happen next what we have only is to at least speculate what will comes to our way. but we should not digress from the issue that any kind of prediction in the world , is based on some past analysis , i dont care personally even if , according to this article if it does not pass or reach $20k , then also its ok , because according to me the main objective is we have a very positive signs coming soon , if the article would have written that it will reach 1K , i would be worried , but since its showing positive signs ,it means more reach and more acceptance of digital currency around the globe, and so much to gain rather than losing faith.
Just continue what you are doing and forget those critics,it is not you who will suffer if the prediction comes true and if they did not even invest.
Predictions are meant to be true or false , but we should not digress from the issue that any kind of prediction in the world , is based on some past analysis , i dont care personally even if , according to this article if it does not pass or reach $20k , then also its ok , because according to me the main objective is we have a very positive signs coming soon , if the article would have written that it will reach 1K , i would be worried , but since its showing positive signs ,it means more reach and more acceptance of digital currency around the globe, and so much to gain rather than losing faith.
I think it's just a prediction and no one guarantees that his words are true, everyone even has their own predictions, nothing is really right unless the predictions are correct and will be recognized.
otherwise it will just pass away as it is past.
otherwise it will just pass away as it is past.
Bitcoin is known for it's unpredictability.No one can predict exactly that what will be it's price at the end of this year. Undeniably, 2020 so far has been a good year for bitcoin and in my opinion some positive growth will be seen in it's price in the coming months but it will take time to reach $20,000. Maybe in the starting or mid of 2021, it can hit the $20,000 mark. Let's hope for the best.
If 2020 is the best year or the year of best recovery and with the positive achievements so far, at least for 20k is a target that might be achieved in the near future, maybe like at the end of this year. The trend that occurred from the first quarter to the third quarter can at least be said to be very positive, because although previously there was a big dumping due to the panic from the pandemic but because of the positive trend this year, at least the crypto market can even recover quickly and with this good trend at least there will be a move for the better at the end of the quarter.Jump to: