Bloomberg analysts or whoever analysts they are, their prediction are technically useless or maybe just for some hype though but I don't think that it will happen.
Regardless of whoever these so-called analysts are, just take what they are predicting as a grain of salt because even an ordinary shitty person can predict the price of Bitcoin too for this year. I can say that it can go up to $1000 or it can go up to $100000.
Topic: Bitcoin prediction 2020 - page 8. (Read 2162 times)
Bloomberg analyst shares why the bitcoin price will double to 20000$ 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://blog.coinbaazar.com/bitcoin-prediction-2020/
It's a moderate prediction and I support this prediction, some analyst are predicting as high as 6 digit, with the present market condition and the situation we are in, I doubt if it is possible, I'm ok and will be happy if Bitcoin reaches the $20k level I also want the altcoin to go up, like they did back 2017, that was the glory day of altcoins and I wish we have a repeat.
Repeat is never going to be a question, because it will eventually going to happen again, the question is when.
Predictions like these are made as an attempt to manipulate the price for making the people believe in such price movement, specially when a well known personality in the field of cryptocurrency like him is giving out their predictions. Thus, a lot of people will tend to follow these predictions.
In my personal pv, I don't want to believe in this bullish prediction, specially that we're still facing a global economic and health crisis. Though it may never had a direct effect in cryptocurrency, but It can somehow hinder a possible bullrun.
2021 will be the most favorable time for Bitcoin to hit new heights.
Bloomberg analyst shares why the bitcoin price will double to 20000$ 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/
Firstly, the manuscript writer didn't provide the link to the Bloomberg analyst statement as evidence that what he declared the analyst said is reality.https://blog.coinbaazar.com/bitcoin-prediction-2020/
Second, prediction are always guess theory but said prediction was extracted from the community opinion about bitcoin halving to be effective next year.
My prediction for the end of the year is reaching above 15k this year. That doesn't mean it will be above 15k by December 30th, it means that sometime in the 2020 year we will see above 15k price, it could be next week, it could be next month or it could very well be December 30th as well but eventually we will break above 15k for sure.
I can't speak on anything higher, is it possible? Of course it is because this is bitcoin as long as people keep buying bitcoin the price would go up, but I would say 15k is more likely compared to anything higher. I would love to see it go up very quickly so that it would go down in a correction and recover from that once again to go even higher than 15k but for now it doesn't look like it will go there just yet anytime soon.
I can't speak on anything higher, is it possible? Of course it is because this is bitcoin as long as people keep buying bitcoin the price would go up, but I would say 15k is more likely compared to anything higher. I would love to see it go up very quickly so that it would go down in a correction and recover from that once again to go even higher than 15k but for now it doesn't look like it will go there just yet anytime soon.
Well I can not tell if bitcoin can reach again $20,000 by the end of this year because the world is still struggling of the virus so I'm still doubt of it.
Bloomberg analyst shares why the bitcoin price will double to 20000$ 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://blog.coinbaazar.com/bitcoin-prediction-2020/
It's a moderate prediction and I support this prediction, some analyst are predicting as high as 6 digit, with the present market condition and the situation we are in, I doubt if it is possible, I'm ok and will be happy if Bitcoin reaches the $20k level I also want the altcoin to go up, like they did back 2017, that was the glory day of altcoins and I wish we have a repeat.
Mirroring 2016's price movement? I'm no analyst but I couldn't buy those reason. 2016 is entirely different from 2020, it might be just a coincidence why it looks like something happening similar few years back then.
I admire your simple thoughts
. While everybody/majority here aren't really interested nor they do not care about the idea of those so-called expert, simply because it is just one of the many.
In my opinion the year 2020 is a big year for crypto. So the more chance of seeing positive things for the bitcoin. The reason behind my thought is, last few years we have seen a bearish market. So it can influence the price of bitcoin. Again there is a bitcoin halving this year. It also can influence the price of bitcoin according to the past history of bitcoin. So I want to say if someone predicts bitcoin will reach 20k dollars again this year it has enough arguments. And I will support the prediction.
I admire your simple thoughts
. While everybody/majority here aren't really interested nor they do not care about the idea of those so-called expert, simply because it is just one of the many. 
No one can give a definite idea about the future of Bitcoin.
It is the same thing to give a definite idea about where it can go and to throw stones in the dark. You don't need money anymore to hope. 2020 may be the golden time for Bitcoin and vice versa Either way, we can only hope that Bitcoin will break all previous records and make 2020 memorable for us.
It is the same thing to give a definite idea about where it can go and to throw stones in the dark. You don't need money anymore to hope. 2020 may be the golden time for Bitcoin and vice versa Either way, we can only hope that Bitcoin will break all previous records and make 2020 memorable for us.
After recovering from a collapse due to the pandemic and so far the market is very good, if in the next quarter there is not a big dump then it is possible for further increases to occur towards the end of the year. We still don't know exactly what will happen for the next quarter, because the TA analysis will still not guarantee a definite dump, so with predictions like this, I will only wait for time.
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In my opinion the year 2020 is a big year for crypto. So the more chance of seeing positive things for the bitcoin. The reason behind my thought is, last few years we have seen a bearish market. So it can influence the price of bitcoin. Again there is a bitcoin halving this year. It also can influence the price of bitcoin according to the past history of bitcoin. So I want to say if someone predicts bitcoin will reach 20k dollars again this year it has enough arguments. And I will support the prediction.
Price prediction still is the price prediction, and people can make their prediction and influence others. But you should use your analysis to find what is happens with bitcoin, and you don't have to follow the other's prediction. We are now still at the bearish trend, although we see the candle sometimes change from red into green and back to red again because that is what happens with bitcoin. We will see the bullish trend once the price can break $10k or more, and the price still continues to increase after making a correction for some time.
Bloomberg analyst shares why the bitcoin price will double to 20000$ 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 ...
https://blog.coinbaazar.com/bitcoin-prediction-2020/
https://blog.coinbaazar.com/bitcoin-prediction-2020/
I'm not a fan of this prediction thing. I can even say, $30,000 at the end of the year even it's not realistic or not. I can also say $5,000 or below. These predictions will just make you more confused. I'd rather focus on the current trend and from there, just go with the flow.
Maybe try to read the blog by yourself and see what it brings to you.
After all, we have the freedom to believed what we think is way more realistic to happen.
You said it rightly , people who have read the complete blog can understand better what its trying to predict the btc price and on what basis . Its not a random person saying . This has been analysed by most influential researchers.
Bloomberg analyst shares why the bitcoin price will double to 20000$ 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 ...
https://blog.coinbaazar.com/bitcoin-prediction-2020/
https://blog.coinbaazar.com/bitcoin-prediction-2020/
I'm not a fan of this prediction thing. I can even say, $30,000 at the end of the year even it's not realistic or not. I can also say $5,000 or below. These predictions will just make you more confused. I'd rather focus on the current trend and from there, just go with the flow.
Maybe try to read the blog by yourself and see what it brings to you.
After all, we have the freedom to believed what we think is way more realistic to happen.
Do you really think all people who deal in crypto have so much time to study , and even if i do it , whats the use because people who analyse such trends have gone through all the research , and prepare and publish such stuff for people like us . Moreover its not from any random person , its what bloomberg analyst feel afterall ... and i am sure we all believe they are much smarter than you and me together.. I would really appreciate if you could read the complete blog and then post your comments. Its informative and give people a chance to thought of the possible scenarios.
once again bitcoin price is not making any move outside of a fixed range (between $9k and $10k) and low quality websites like the one that OP owns are running out of "news" to write about so they have to make stuff up or quote random idiots on the internet who make guesses about bitcoin price.
not a single one of them have any vavlue nor are predictions.
not a single one of them have any vavlue nor are predictions.
let me make few things very clear to you ...
1) i dont own this website , i just read their blogs , because i found to be interesting and informative .
2) These are not the predictions by people like you and me , its from the big time analyst's .
3) These people make claims on studies and past experience , not like you without credibility u just said 9-10 k what if more or less than that .
2. But you can make your own prediction like those people
3. Similarly, you can also make studies base on past historical logs, they are all over the internet. You can even check coinmarketcap for it. $9k-$10k short term prediction is what everyone sees.
We were in a bearish trend and it got reversed by the jpow to purchase corporate bonds. So it looks like fed will do anything to prevent the stock market from crashing and in return this prevents bitcoin from crashing at least in the short term.
Do you think this can continue indefinitely? At what point (if ever) will the market become skeptical about holding shares of increasingly leveraged companies in this low inflation and low growth environment?
I do wonder about the possibility of another event like the March crash. Is the market capable of bucking the Fed and doing something like that again?
do agree that the market is high, but there is a lot of money printed by FED, and there are not enough good opportunities for investment, so institutions are going for stock market and real estate, construction industry is booming again, and with corona and new found "work-from-home" for everyone, who would need that many business districts, when workers will work from home, that need to be changed and at the moment there is no idea how, for a long time - high-rise building was a setup for a company to prove how successful it is, especially banks, insurance and similar, and they need new symbols now
For the last week or so you can clearly see the direct correlation to the equities market. Which is pretty much what caused the drop back in Feb-March 2020. Hence alot of BTC futures is based that its considered a risk-on asset. So basically whatever happens to the stock markets short term will project to the crypto markets.
I agree 100%. Stocks and BTC dumping and recovering together this week made that obvious.
We were in a bearish trend and it got reversed by the jpow to purchase corporate bonds. So it looks like fed will do anything to prevent the stock market from crashing and in return this prevents bitcoin from crashing at least in the short term.
Do you think this can continue indefinitely? At what point (if ever) will the market become skeptical about holding shares of increasingly leveraged companies in this low inflation and low growth environment?
I do wonder about the possibility of another event like the March crash. Is the market capable of bucking the Fed and doing something like that again?
For the last week or so you can clearly see the direct correlation to the equities market. Which is pretty much what caused the drop back in Feb-March 2020. Hence alot of BTC futures is based that its considered a risk-on asset. So basically whatever happens to the stock markets short term will project to the crypto markets.
We were in a bearish trend and it got reversed by the jpow to purchase corporate bonds. So it looks like fed will do anything to prevent the stock market from crashing and in return this prevents bitcoin from crashing at least in the short term.
We were in a bearish trend and it got reversed by the jpow to purchase corporate bonds. So it looks like fed will do anything to prevent the stock market from crashing and in return this prevents bitcoin from crashing at least in the short term.
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 ...
https://blog.coinbaazar.com/bitcoin-prediction-2020/
https://blog.coinbaazar.com/bitcoin-prediction-2020/
I'm not a fan of this prediction thing. I can even say, $30,000 at the end of the year even it's not realistic or not. I can also say $5,000 or below. These predictions will just make you more confused. I'd rather focus on the current trend and from there, just go with the flow.
Maybe try to read the blog by yourself and see what it brings to you.
After all, we have the freedom to believed what we think is way more realistic to happen.
Bitcoin has been very volatile over the past days with a few days of great gains followed by several days of losses which is very confusing to us who are trying to set up trades. Don't forget Bitcoin is not a stable currency. It is difficult to give precise information on when the price will rise and fall. However, The price of bitcoins is being wished to go to the moon or pump massively by all investors and holders, I'm also wishing the price to pump but no one knows the future let's be wise as we are hoping for this to take advantage of the current price pumps.
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