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Topic: Bitcoin prediction 2020 - page 4. (Read 2162 times)

sr. member
Activity: 574
Merit: 256
August 23, 2020, 10:57:59 AM
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.
full member
Activity: 2268
Merit: 121
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August 13, 2020, 02:18:57 AM
THe rise that year and previous was subject to much doubt and quite harsh sell offs, it kind of made sense (the rising wall of worry is name for this market phenomena) and there was the news of the big split in the blockchain and ban by China yet it rose anyway.   Imo it was partly down to high transaction fees, it affected liquidity by discouraging movement just hold and a bulk decision to sell or not.    Its bad for BTC overall to suffer congestion like that so I hope it doesnt reoccur and probably we get something a bit different as I observe many times the price just drifts.   This feels alot different to me, I'm not as bullish in 2020 as I was in 2017 when we could see a clear rising series of lows that burst into positive action, patterns now Im not as sure on.
I think that worry is understandable because everyone also hopes a lot from bitcoin, but I am still very optimistic that bitcoin will continue to improve and continue to be the best. I see from the past halving that happened and maybe it will also happen but not this year but will happen in 2021. If based on the halving it is possible that the increase will be sharp. wait patiently ....
STT
legendary
Activity: 4102
Merit: 1454
August 13, 2020, 01:27:47 AM
THe rise that year and previous was subject to much doubt and quite harsh sell offs, it kind of made sense (the rising wall of worry is name for this market phenomena) and there was the news of the big split in the blockchain and ban by China yet it rose anyway.   Imo it was partly down to high transaction fees, it affected liquidity by discouraging movement just hold and a bulk decision to sell or not.    Its bad for BTC overall to suffer congestion like that so I hope it doesnt reoccur and probably we get something a bit different as I observe many times the price just drifts.   This feels alot different to me, I'm not as bullish in 2020 as I was in 2017 when we could see a clear rising series of lows that burst into positive action, patterns now Im not as sure on.
full member
Activity: 994
Merit: 103
August 11, 2020, 09:30:49 AM
Just like what happen last bitcoin halving from 900$ - 20,000$ in just a year,  now were on 11,000$ so maybe the price of bitcoin will be around 25,000 to 30,000$ starting the first month next year.
full member
Activity: 714
Merit: 104
August 11, 2020, 08:49:34 AM
I think Bitcoin is going through the parabolic phase of the year where we can expect such unbelievable spikes in price and no doubt we can see a $20k 'or at least $14k this year'. Everyone has been so bullish about BTC and that is because the key level resistance got broken, now let us hope this doesn't stop before $20k.
however, bitcoin's current price is already several over the $ 12k wall, and raising the price to $ 2k within a few weeks is not impossible. I also thought the same thing, when the price of bitcoin has increased by more than $ 14k, then the price of $ 20k is not a difficult thing to achieve.
I believe that we still have to wait for the real consequences of the 2020 halving, which should not begin to appear, perhaps in July 2021, before starting to build negative predictions for the future. According to the historical halving record of previous years, we have yet to see their outstanding impact. I believe that the current rise in Bitcoin prices is only at the very beginning of its renaissance.
sr. member
Activity: 1274
Merit: 278
August 10, 2020, 07:55:06 AM
READ THE COMPLETE BLOG AND SHARE YOUR OPINION ....WHAT U THINK

It's the same with every single price prediction ever. It doesn't matter. Price predictions are completely pointless regardless who made the prediction.
Given that the market is unpredictable in its nature, predictions and speculations are simply subjective opinions. These are things which are not new in this industry. Whenever the market value is moving upwards, people will suddenly conclude that "it will reach $100,000" and the likes. The market value is not consistent and there will always be a tendency for its value to fall in a sudden. Actually, assumptions are not wrong but it is quite annoying especially if their speculations are far from the reality or the market value at the moment.
I believe bitcoin in this year will moving up. The technology of blockchain will adopted in several countries.
Then , The trend of gold is same with the bitcoin. The chart is very bullish.

But Gold and Bitcoin are different in many aspects ; market price, rate of increase, usage, availability and usage through various countries.
Id nothing at all, BTC will at least reach $17k before the end o this year based on its current move which shows a momentum of a strong trend. The era of the bull run is gradually approaching.
let us all hope that the price increase will be continuous. But the era of bullish run is a bit questionable still, at this moment, knowing many economies are facing problems at this moment which could affect the price of cryptos.
legendary
Activity: 2716
Merit: 1102
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August 10, 2020, 03:01:25 AM
I think Bitcoin is going through the parabolic phase of the year where we can expect such unbelievable spikes in price and no doubt we can see a $20k 'or at least $14k this year'. Everyone has been so bullish about BTC and that is because the key level resistance got broken, now let us hope this doesn't stop before $20k.
however, bitcoin's current price is already several over the $ 12k wall, and raising the price to $ 2k within a few weeks is not impossible. I also thought the same thing, when the price of bitcoin has increased by more than $ 14k, then the price of $ 20k is not a difficult thing to achieve.
legendary
Activity: 2618
Merit: 1105
August 09, 2020, 02:01:26 PM
I think Bitcoin is going through the parabolic phase of the year where we can expect such unbelievable spikes in price and no doubt we can see a $20k 'or at least $14k this year'. Everyone has been so bullish about BTC and that is because the key level resistance got broken, now let us hope this doesn't stop before $20k.
legendary
Activity: 1974
Merit: 1150
August 09, 2020, 11:08:06 AM
It will be a great era of bitcoin if most of the country accept bitcoin as their legal currency. People will show their interest to add with bitcoin and for this reason bitcoin will reach on big price.
This is very difficult to achieve, because it would be against the regulation of a country. I hope bitcoin and fiat will continue to exist for a long time without disturbing each other. Bitcoin is still in its infancy and I believe that not all element of society in a country can use it as currency. There are many stage to develop and now I think its still a work in progress. Even though bitcoin is very valuable, to ordinary people I think its useless.
full member
Activity: 562
Merit: 100
August 09, 2020, 08:33:46 AM
I believe bitcoin in this year will moving up. The technology of blockchain will adopted in several countries.
Then , The trend of gold is same with the bitcoin. The chart is very bullish.

It will be a great era of bitcoin if most of the country accept bitcoin as their legal currency. People will show their interest to add with bitcoin and for this reason bitcoin will reach on big price.
full member
Activity: 2268
Merit: 121
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August 08, 2020, 11:33:25 AM
I believe bitcoin in this year will moving up. The technology of blockchain will adopted in several countries.
Then , The trend of gold is same with the bitcoin. The chart is very bullish.


Bitcoin continues to move up and this year it has crossed 10k after long time. It was good to see that it even crossed 12k levels and came down though, but still it is at currently at 11800$. Quite possible that it can test 12k again and might cross that levels as well.


There is still plenty of time for bitcoin to pass $ 12K and to continue moving upwards, but to go down is also possible. although experiencing a decline in bitcoin will be able to quickly correct it so that it can return to its goal of being able to lead to an increase.

$ 15K is not impossible for bitcoin to be achieved by the end of 2020, and will continue to increase until 2021. If indeed the end of 2020 there is a value of up to $ 15K, then there will be a sharp increase from bitcoin in 2021.
we will wait for the results with full confidence and continue to invest your capital in bitcoin.
full member
Activity: 868
Merit: 151
August 08, 2020, 07:21:28 AM
I believe bitcoin in this year will moving up. The technology of blockchain will adopted in several countries.
Then , The trend of gold is same with the bitcoin. The chart is very bullish.


Bitcoin continues to move up and this year it has crossed 10k after long time. It was good to see that it even crossed 12k levels and came down though, but still it is at currently at 11800$. Quite possible that it can test 12k again and might cross that levels as well.
sr. member
Activity: 784
Merit: 314
August 08, 2020, 05:46:41 AM
I believe bitcoin in this year will moving up. The technology of blockchain will adopted in several countries.
Then , The trend of gold is same with the bitcoin. The chart is very bullish.
full member
Activity: 1093
Merit: 103
August 06, 2020, 08:14:29 AM
#99
The closure of many industries around the world, as well as the decline in the levels of the world economy, cause a lot of problems and therefore the governments of different countries begin to print paper money at a frantic speed to stimulate the stock market. But in the end, this situation generates unheard of resentment among investors who want to protect their capital. Today, many investors are even closing their gold positions in favor of cryptocurrencies, especially Bitcoin. I believe that the growth of Bitcoin over the last period speaks precisely to the fact that attracting new investments will continue and therefore 2020 will be a very successful year for the entire cryptocurrency market.
legendary
Activity: 2912
Merit: 1068
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August 06, 2020, 07:10:49 AM
#98
Bitcoin users are waiting for some big positive price movement for quite a while now. That is why some predictions are exaggerated and some are even losing patience. This last price rise woke up optimism and some even think the bull run has already begun.
I'm not convinced in that and although for now Bitcoin price is managing to stay above 10000$ and even slowly grow further that doesn't mean it will remain so. For me this is still not a sign of continuous price growth that would lead to 15000$ or more. For now I stay with conservative predictions that includes corrections.
full member
Activity: 1708
Merit: 105
August 06, 2020, 06:38:35 AM
#97
Id nothing at all, BTC will at least reach $17k before the end o this year based on its current move which shows a momentum of a strong trend. The era of the bull run is gradually approaching.
what you predict seems too high but in the end we also have to admit that in crypto, it can happen. but my prediction $ 15K is worth the price.
I totally agree that bitcoin will increase until the end of this year, and it doesn't stop this year. 2021 is a prediction that bitcoin will reach its highest value, which month it will be difficult to determine. but December is a month that is highly anticipated and usually bitcoin always gives its own surprises.

everyone is waiting for the bitcoin moment to increase because with the increase in bitcoin it will also impact all altcoins, of course not for altcoins that are just growing in the market today. because the new altcoin is not very good as a reference to be bought or stored as an investment, obviously it will do more harm than good. better to invest against the highest ranking altcoin.
member
Activity: 728
Merit: 11
August 02, 2020, 02:17:47 PM
#96
Bitcoin price is now so much volatile. It is too much tough to predict on Bitcoin. But in my opinion Bitcoin will reach $15k very soon. Because Bitcoin is so much potential.
sr. member
Activity: 1750
Merit: 267
August 02, 2020, 11:43:56 AM
#95
Crypto currency is unpredictable and you can't predict correctly but probably it will reach $15000-$18000 very soon.
full member
Activity: 1316
Merit: 104
CitizenFinance.io
August 01, 2020, 06:59:33 PM
#94
Id nothing at all, BTC will at least reach $17k before the end o this year based on its current move which shows a momentum of a strong trend. The era of the bull run is gradually approaching.
STT
legendary
Activity: 4102
Merit: 1454
August 01, 2020, 05:59:42 PM
#93
For me the story in 2020 is how far do we progress rather just hold for greater development in 2021.   We've gone a long way from the bottom, all the way back to highs of last summer so I'd wondering if thats the full range or we have a greater story to traverse in this year still.   I never expect everything to happen all at once like that, I do expect more confirmation of these prices and lower prices still before higher occurs.
   Thats just general principle, some trader was pointing out the likelyhood of silver and gold charts while near vertical continuing to do so and the probability is far lower.    Yea it'll likely get higher, we got variety of reasons but rarely do things happen in a simple way without further detail added, we always have sellers and people who need to withdraw, pay off leverage etc.  Market will test all positions.
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