Bitcoin prediction 2020 - page 6. | Bitcointalksearch.org

carlisle1

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Quote from: gina1980 on June 15, 2020, 05:18:01 AM

Bloomberg analyst shares why the bitcoin price will double to 20000$ this year in 2020. According to Mike Mcglone senior commodities analyst at Bloomberg, bitcoin is going to hit 20000 Dollars by the end of 2020. READ THE COMPLETE BLOG AND SHARE YOUR OPINION ....WHAT U THINK ...PLEASE READ THE COMPLETE BLOG TO KNOW ON WHAT BASIS THIS PREDICTION IS DONE .

https://blog.coinbaazar.com/bitcoin-prediction-2020/

https://www.coinbaazar.com

If i read this prediction in January ?maybe i will this instantly because that month indicates the greatness of the market.
But when the Pandemic starts last march?then this story will be inappropriate because we can totally see how is the effect of this virus and how this broken that whole world,not only the crypto but every economy in the world.
I guess this is too much to expect for now even until the end of this year.
i will try to wait for next year at least i won't be disappointed .

arwin100

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Many think about that theory but it doesn't give any facts regarding on everything, those predictions are given for their own benefit and to gain a small period of hype, so if you think about listening on them better do your own diligence and follow what you think its right. Just think of this market flow will never be change by just statements only we need adoption and demand before we can achieve that.

ScamViruS

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Prediction does not seem to change the market. Many experts have given many kinds of predictions about the price of Bitcoin this year. Especially through social media, different people who claim to be experts give different predictions. There is no calculation of how many of these predictions are correct and how many are wrong.

In fact, those who are looking forward to seeing the long-term results of Bitcoin do not think much of this kind of short-term market change. So they love to keep themselves quiet. Because there is no guarantee of such prediction. Everyone may give a prediction by doing market analysis, but the same theory does not always work.

FanEagle

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All predictions, without exception is just a theory. Price of something can't be predicted beforehand with any sort of proof on why it will go up and 100% guarantee it, if they could do that people all over the world would invest billions of dollars all together at the same time because there is a 100% guaranteed reason for the price to go up. Since we can't predict beforehand because we are not fortunetellers, we just make assumptions. This guy said he sees it could be $20k, he is not saying it will be $20k 100% and guarantees it, he just says that is what he believes will happen and that is his position and that's it.

I personally believe for example that bitcoin will be around $12k-$13k this year for sure as well, can I guarantee it? Of course I can't, that is just my assumption.

Reatim

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Quote from: KnightElite on July 06, 2020, 09:28:06 PM

Quote from: STT on July 06, 2020, 07:08:45 PM

The global economy may retract in adjustment to lower business levels during a pandemic but the issue of dollars has not slowed down in such a way that BTC will be affected so much I think. I dont have a greatly negative outlook on that and BTC is useful for distant transactions, at some point the market might make more of that then it has so far but it seems crypto is increasingly relevant.

I was just looking at the 50 day average price for direction and it is in decline some, more important is the 200 day which rises every day now despite price being quite sideways. To see a negative for BTC I might wait for the 200 day to look less positive then it has since May, its slow but thats relevant to OP question for this whole year. We wait, some decline possible but not dramatic imo

The price is currently moving sideways, it only means that there is a tug between bulls and bears. As long as the bitcoin cannot beat its previous high which is at $10,000, expect that the bullish trend will not yet come.

actually that is what people here waits now,to reached 10,000 and stays for good so we can expect the Bullrun coming.

But until this was not in our way?then consider volatility will continue to show its power.

Quote from: KnightElite on July 06, 2020, 09:28:06 PM

The volume also indicating that there is still no momentum in the price. If there will be a breakdown that will happen, for sure there will be a reversal that will happen where we can see a lower highs lower lows again.

the trend is not changing for months now,from 9,000-9,600 but nothing high from that.

I don't know how long will this be happening but Hope we will not lose our faith in the next months.

KnightElite

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Quote from: STT on July 06, 2020, 07:08:45 PM

The global economy may retract in adjustment to lower business levels during a pandemic but the issue of dollars has not slowed down in such a way that BTC will be affected so much I think. I dont have a greatly negative outlook on that and BTC is useful for distant transactions, at some point the market might make more of that then it has so far but it seems crypto is increasingly relevant.

I was just looking at the 50 day average price for direction and it is in decline some, more important is the 200 day which rises every day now despite price being quite sideways. To see a negative for BTC I might wait for the 200 day to look less positive then it has since May, its slow but thats relevant to OP question for this whole year. We wait, some decline possible but not dramatic imo

The price is currently moving sideways, it only means that there is a tug between bulls and bears. As long as the bitcoin cannot beat its previous high which is at $10,000, expect that the bullish trend will not yet come.

The volume also indicating that there is still no momentum in the price. If there will be a breakdown that will happen, for sure there will be a reversal that will happen where we can see a lower highs lower lows again.

STT

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The global economy may retract in adjustment to lower business levels during a pandemic but the issue of dollars has not slowed down in such a way that BTC will be affected so much I think. I dont have a greatly negative outlook on that and BTC is useful for distant transactions, at some point the market might make more of that then it has so far but it seems crypto is increasingly relevant.

I was just looking at the 50 day average price for direction and it is in decline some, more important is the 200 day which rises every day now despite price being quite sideways. To see a negative for BTC I might wait for the 200 day to look less positive then it has since May, its slow but thats relevant to OP question for this whole year. We wait, some decline possible but not dramatic imo

KTChampions

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Quote from: ?? on ??

That is the reason he says most of us are overly ambitious with what experts say, while that is still not necessarily going to happen. There will be a time for the price of bitcoin to peak and it will definitely happen and this year even though halving has happened it still won't make the price skyrocket in the same year, so despite the difficult situation this year in fact I don't think it will affect the crypto market and at least for the better changes might happen next year.

If the situation in the global economy continues to deteriorate, then there is no chance of growth. As we all saw in this crisis, bitcoin cannot be called a fully independent asset, it is significantly affected by the external conjucture. Therefore, it may make sense to first of all follow the global economy and on the basis of this draw some conclusions regarding the crypto.

Taskford

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Quote from: $crypto$ on July 03, 2020, 06:00:24 AM

Quote from: Mahanton on June 27, 2020, 05:38:08 PM

when it comes to investment into a certain project then we do know that value would become even more higher depending on the demand. Bitcoins price movement is always been unpredictable thats why
we do see lots of speculations flying around.

Many people are too ambitious about what experts have said so they believe that I am against bitcoin that doesn't make sense, I know in a highly fluctuating market that means uncertain or unpredictable what you say so you want to invest in any project it will still not affect unless there is a greater adoption so that demand increases in the market and that of course causes chaos in the community, but is it possible that the circulation currently available will be recognized by all investors?

They are just looking forward to get a high gains and I believe you also lool for that to be happen although by now its quite impossible for now since the current condition of the world stop us to see some impressive movements toward the bitcoins dominance even if the halving happens. But for sure in future bitcoin will be recognize again and we will see a fantastic movement again, we see it once and for sure there are more for it.

$crypto$

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Quote from: Mahanton on June 27, 2020, 05:38:08 PM

when it comes to investment into a certain project then we do know that value would become even more higher depending on the demand. Bitcoins price movement is always been unpredictable thats why
we do see lots of speculations flying around.

Many people are too ambitious about what experts have said so they believe that I am against bitcoin that doesn't make sense, I know in a highly fluctuating market that means uncertain or unpredictable what you say so you want to invest in any project it will still not affect unless there is a greater adoption so that demand increases in the market and that of course causes chaos in the community, but is it possible that the circulation currently available will be recognized by all investors?

gina1980

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Quote from: Twinkledoe on June 27, 2020, 05:46:32 PM

Quote from: Mahanton on June 27, 2020, 05:38:08 PM

Quote from: jostorres on June 27, 2020, 01:08:46 PM

Quote from: Bezobraznike on June 27, 2020, 05:33:13 AM

Quote from: Jaspion on June 26, 2020, 04:19:51 PM

How do people believe their thoughts so easily.
We should be happy that bitcoin could make it through almost decade, whether its predictable or not.
As long as it gives people value of usage - it will fall and rise

You are right Jaspion, as long as people value it it will fall and rise, but over the past years it rising more than it's falling.
And it's Ok to believe that in next years Bitcoin will make new significant rise and set up new bottom, higher than now.
Short-term movements are unpredictable, but in long-term we will see entire crypto-market rising. Bitcoin will lead that
rise as always!

That is the point why it was created, it wasn't created by Satoshi so that people would buy low and sell high and make a fiat profit, that wasn't really the intention.

It was created in the sense that you should find a way to use it and earn it and make it into like a currency which is used like dollars or euros or whatever. However, after a point people realized that it is not really the thing that makes them most money, you can't earn something if you do not work for it and they realized they do not have too much skill over the internet to make it so they rather invest into it and make profit that way when it goes up.

One thing that changed it most was the fact that bitcoin was very very low (few cents) when it first started and it is $10k now, so it is actually going up but people forgot that going from few cents to $10k was hard but going from $10k to 1 million is literally impossible for lack of money in the markets.

Ive been continuing to say such thing on why the heck people do believe that 10k price to 100k or even 1M. Yes, it didnt able to fly from cents to 10k usd but doesnt mean that it will happen next or also into the current price levels, that would really need an extreme kind of support to Bitcoin for us to get into that point. Bitcoin isnt really created solely for money making but rather into its tech or usage itself but we cant really deny that
when it comes to investment into a certain project then we do know that value would become even more higher depending on the demand. Bitcoins price movement is always been unpredictable thats why
we do see lots of speculations flying around.

It is up to the user if he will believe or not from these self-proclaimed experts/analysts. Even if they are the experts of the experts, no one can really tell the exact value of bitcoin, they can only give their prediction. But if they will say, that's gonna be the price. Nope! Don't fall from this kind of speculation and never decide how to invest because of this. If you lose, you are the only one to blame not them. So your money, your choice.

Thats a prediction , not an offer to buy and sell , experts predict basis on the past trends , yes they can be wrong or they can be right , but one thing remains neutral , that people who are buying/selling /investing in bitcoins , doesnt really care for future , because no one knows whats gonna happen , and based on these predictions , they can only be satisfied that atleast some positive signs are showing and this or next year going to be a year of bitcoin.

Twinkledoe

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Quote from: Mahanton on June 27, 2020, 05:38:08 PM

Quote from: jostorres on June 27, 2020, 01:08:46 PM

Quote from: Bezobraznike on June 27, 2020, 05:33:13 AM

Quote from: Jaspion on June 26, 2020, 04:19:51 PM

How do people believe their thoughts so easily.
We should be happy that bitcoin could make it through almost decade, whether its predictable or not.
As long as it gives people value of usage - it will fall and rise

You are right Jaspion, as long as people value it it will fall and rise, but over the past years it rising more than it's falling.
And it's Ok to believe that in next years Bitcoin will make new significant rise and set up new bottom, higher than now.
Short-term movements are unpredictable, but in long-term we will see entire crypto-market rising. Bitcoin will lead that
rise as always!

That is the point why it was created, it wasn't created by Satoshi so that people would buy low and sell high and make a fiat profit, that wasn't really the intention.

It was created in the sense that you should find a way to use it and earn it and make it into like a currency which is used like dollars or euros or whatever. However, after a point people realized that it is not really the thing that makes them most money, you can't earn something if you do not work for it and they realized they do not have too much skill over the internet to make it so they rather invest into it and make profit that way when it goes up.

One thing that changed it most was the fact that bitcoin was very very low (few cents) when it first started and it is $10k now, so it is actually going up but people forgot that going from few cents to $10k was hard but going from $10k to 1 million is literally impossible for lack of money in the markets.

Ive been continuing to say such thing on why the heck people do believe that 10k price to 100k or even 1M. Yes, it didnt able to fly from cents to 10k usd but doesnt mean that it will happen next or also into the current price levels, that would really need an extreme kind of support to Bitcoin for us to get into that point. Bitcoin isnt really created solely for money making but rather into its tech or usage itself but we cant really deny that
when it comes to investment into a certain project then we do know that value would become even more higher depending on the demand. Bitcoins price movement is always been unpredictable thats why
we do see lots of speculations flying around.

It is up to the user if he will believe or not from these self-proclaimed experts/analysts. Even if they are the experts of the experts, no one can really tell the exact value of bitcoin, they can only give their prediction. But if they will say, that's gonna be the price. Nope! Don't fall from this kind of speculation and never decide how to invest because of this. If you lose, you are the only one to blame not them. So your money, your choice.

Mahanton

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Quote from: jostorres on June 27, 2020, 01:08:46 PM

Quote from: Bezobraznike on June 27, 2020, 05:33:13 AM

Quote from: Jaspion on June 26, 2020, 04:19:51 PM

How do people believe their thoughts so easily.
We should be happy that bitcoin could make it through almost decade, whether its predictable or not.
As long as it gives people value of usage - it will fall and rise

You are right Jaspion, as long as people value it it will fall and rise, but over the past years it rising more than it's falling.
And it's Ok to believe that in next years Bitcoin will make new significant rise and set up new bottom, higher than now.
Short-term movements are unpredictable, but in long-term we will see entire crypto-market rising. Bitcoin will lead that
rise as always!

That is the point why it was created, it wasn't created by Satoshi so that people would buy low and sell high and make a fiat profit, that wasn't really the intention.

It was created in the sense that you should find a way to use it and earn it and make it into like a currency which is used like dollars or euros or whatever. However, after a point people realized that it is not really the thing that makes them most money, you can't earn something if you do not work for it and they realized they do not have too much skill over the internet to make it so they rather invest into it and make profit that way when it goes up.

One thing that changed it most was the fact that bitcoin was very very low (few cents) when it first started and it is $10k now, so it is actually going up but people forgot that going from few cents to $10k was hard but going from $10k to 1 million is literally impossible for lack of money in the markets.

Ive been continuing to say such thing on why the heck people do believe that 10k price to 100k or even 1M. Yes, it didnt able to fly from cents to 10k usd but doesnt mean that it will happen next or also into the current price levels, that would really need an extreme kind of support to Bitcoin for us to get into that point. Bitcoin isnt really created solely for money making but rather into its tech or usage itself but we cant really deny that
when it comes to investment into a certain project then we do know that value would become even more higher depending on the demand. Bitcoins price movement is always been unpredictable thats why
we do see lots of speculations flying around.

jostorres

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Quote from: Bezobraznike on June 27, 2020, 05:33:13 AM

Quote from: Jaspion on June 26, 2020, 04:19:51 PM

How do people believe their thoughts so easily.
We should be happy that bitcoin could make it through almost decade, whether its predictable or not.
As long as it gives people value of usage - it will fall and rise

You are right Jaspion, as long as people value it it will fall and rise, but over the past years it rising more than it's falling.
And it's Ok to believe that in next years Bitcoin will make new significant rise and set up new bottom, higher than now.
Short-term movements are unpredictable, but in long-term we will see entire crypto-market rising. Bitcoin will lead that
rise as always!

That is the point why it was created, it wasn't created by Satoshi so that people would buy low and sell high and make a fiat profit, that wasn't really the intention.

It was created in the sense that you should find a way to use it and earn it and make it into like a currency which is used like dollars or euros or whatever. However, after a point people realized that it is not really the thing that makes them most money, you can't earn something if you do not work for it and they realized they do not have too much skill over the internet to make it so they rather invest into it and make profit that way when it goes up.

One thing that changed it most was the fact that bitcoin was very very low (few cents) when it first started and it is $10k now, so it is actually going up but people forgot that going from few cents to $10k was hard but going from $10k to 1 million is literally impossible for lack of money in the markets.

judaspriest

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2020 will be a moment for Bitcoin, in my opinion 2020 to 2021 is a zone of accumulation, just like the chart history after and before halving, we just pray that Bitcoin can be held at $ 9,000 and go up

Bezobraznike

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Quote from: Jaspion on June 26, 2020, 04:19:51 PM

Quote from: Distinctin on June 26, 2020, 06:17:35 AM

I'm not against of that prediction, I like bitcoin to rise at that level but just like other experts, they cannot be right all the time.
With the price bitcoin been moving this month, it's not impossible it will reach at that level as bitcoin is quite stable now, I mean the support is strong and less dump are happening now. However, I will stay realistic that bitcoin is very unpredictable, if it comes then good but I see an opportunity if it dump as it's time to accumulate again.

exactly, man.
How do people believe their thoughts so easily.
We should be happy that bitcoin could make it through almost decade, whether its predictable or not.
As long as it gives people value of usage - it will fall and rise

You are right Jaspion, as long as people value it it will fall and rise, but over the past years it rising more than it's falling.
And it's Ok to believe that in next years Bitcoin will make new significant rise and set up new bottom, higher than now.
Short-term movements are unpredictable, but in long-term we will see entire crypto-market rising. Bitcoin will lead that
rise as always!

Jaspion

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Quote from: Distinctin on June 26, 2020, 06:17:35 AM

I'm not against of that prediction, I like bitcoin to rise at that level but just like other experts, they cannot be right all the time.
With the price bitcoin been moving this month, it's not impossible it will reach at that level as bitcoin is quite stable now, I mean the support is strong and less dump are happening now. However, I will stay realistic that bitcoin is very unpredictable, if it comes then good but I see an opportunity if it dump as it's time to accumulate again.

exactly, man.
How do people believe their thoughts so easily.
We should be happy that bitcoin could make it through almost decade, whether its predictable or not.
As long as it gives people value of usage - it will fall and rise

beerlover

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It all depends on what will happen isn't it? I mean right now it looks like it could go up or down and we would have no idea how to predict it, there is really no way of knowing everything before it happens, if we were capable of that we would be rich right now.

However, what we know that there are things that effects the prices like a big sale or a good news etc etc and that means we need to wait and see what will be the first one?

If someone comes up and sells 50 bitcoins from very early mining days and mistaken for Satoshi that drops the price a lot, and it turns out he wasn't and price still goes down anyway. These things change bitcoin so much that we need to wait and see if the price would be affected like that once again, without that we have really no other data to go on and predict the future.

ajqjjj

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According to crypto prediction is really unexpected response in all the years. So I expect it will reach 12k to 15k USD in end of the year, But current traffic is more volatile in same level so we expect good growing on upcoming months. In reality long term investment is always good to invest in Bitcoin because every year some upgrade will enter in Bitcoin so peoples are again and again invest the Bitcoin so it will going to peak on further years.

ethereumhunter

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Quote from: Distinctin on June 26, 2020, 06:17:35 AM

I'm not against of that prediction, I like bitcoin to rise at that level but just like other experts, they cannot be right all the time.
With the price bitcoin been moving this month, it's not impossible it will reach at that level as bitcoin is quite stable now, I mean the support is strong and less dump are happening now. However, I will stay realistic that bitcoin is very unpredictable, if it comes then good but I see an opportunity if it dump as it's time to accumulate again.

Besides that, we don't know if there will be a dump or a pump in the next days, so we can only prepare for anything that might happen. I agree that bitcoin now become unpredictable, but it seems this year will be a roller coaster that can make our heart beat faster than the last year. But after this, we hope that everything will be better, and the market can fully recover, so we can back to make a profit.

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