Topic: Bitcoin price in January 2020 will touch 10k, What do you think? - page 6. (Read 1676 times)
December 30, 2019, 11:51:32 PM
it depends on the situation. if many were buying bitcoin at the time to prepare a halving, there is a high possibility that the price could touch $ 10k in January. however, it all depends on demand. although it is not that promising, but I think there is potential that can make the price of bitcoin in that price range. however, I also believe that at that time the price of bitcoin could be above $ 8500.
December 30, 2019, 11:36:28 PM
I don't think it will touch $10K in January which is pretty much starting tomorrow. However realstically I think somewhere in the first quarter we might see $9-$10K.
I periodically look at the Deribit options and looking at the OI and volume for March 2020 expiry,
https://www.deribit.com/main#/options?tab=BTC-27MAR20
You can see that the $8000 call options had alot of volume recently and the open interest is big at 1182BTC and the premium is way over $750.00. So whomever invested in these options is betting that it will be at least $8750 sometime before the end of Q1 2020.
I periodically look at the Deribit options and looking at the OI and volume for March 2020 expiry,
https://www.deribit.com/main#/options?tab=BTC-27MAR20
You can see that the $8000 call options had alot of volume recently and the open interest is big at 1182BTC and the premium is way over $750.00. So whomever invested in these options is betting that it will be at least $8750 sometime before the end of Q1 2020.
December 30, 2019, 11:30:11 PM
I just hope it will really reach at least 10k in January 2020, no one can really say or predict exactly what is going to happen next year but I guess every one of us wants the price to reach 10k or even more but with the current situation I think it'll be very hard to reach even at 9,000 but who knows, maybe it will reach 10k, let's just wait and see and wish for the best.
December 30, 2019, 10:06:11 PM
As per several news and analysts ,
Bitcoin will touch 10k in the month of January.
Can you give a link to an article of those analysts to see how they came to those conclusions? I ask because I do not see how we are going to get to those levels when bitcoin has problems reaching 8000, if you were to ask me in which direction I think the price will move during the next months, I will answer that question without any hesitation, the price will most likely go down as people begin to give up in this market once again and wait until the next time a bull run becomes a possibility. Bitcoin will touch 10k in the month of January.
December 30, 2019, 09:53:07 PM
I want to know where you got the news and analysis that you should write the source of the news. the current price of bitcoin is $ 7200 and tomorrow we will enter January 1. I think bitcoin will still be priced at $ 7k until January. maybe in february bitcoin will start to increase or maybe decrease because in may bitcoin is reduced by half. usually bitcoin will dump before it is reduced by half. it's very difficult to predict the price of bitcoin.
December 30, 2019, 09:40:33 PM
I highly doubt it.
The sentiment is still overwhelmingly bearish and despite the fact that I also expect 2020 to be a great year for crypto, I doubt the general trend can be overcome this quickly. Also, $10k poses a psychological barrier which is much more difficult to break than something like $9k.
Perhaps if we see news of actual institutional investments piling in this will come to fruition, but otherwise it's unlikely.
The sentiment is still overwhelmingly bearish and despite the fact that I also expect 2020 to be a great year for crypto, I doubt the general trend can be overcome this quickly. Also, $10k poses a psychological barrier which is much more difficult to break than something like $9k.
Perhaps if we see news of actual institutional investments piling in this will come to fruition, but otherwise it's unlikely.
It's breezed through 10 grand loads of times. It's clearly no barrier. Getting general enthusiasm back is and I don't see it happening next month. More of the same is my guess.
December 30, 2019, 09:15:59 PM
I highly doubt it.
The sentiment is still overwhelmingly bearish and despite the fact that I also expect 2020 to be a great year for crypto, I doubt the general trend can be overcome this quickly. Also, $10k poses a psychological barrier which is much more difficult to break than something like $9k.
Perhaps if we see news of actual institutional investments piling in this will come to fruition, but otherwise it's unlikely.
The sentiment is still overwhelmingly bearish and despite the fact that I also expect 2020 to be a great year for crypto, I doubt the general trend can be overcome this quickly. Also, $10k poses a psychological barrier which is much more difficult to break than something like $9k.
Perhaps if we see news of actual institutional investments piling in this will come to fruition, but otherwise it's unlikely.
December 30, 2019, 08:51:25 PM
Like others, i'm bored as well in long wait but I don't think there will be much changes in price this January and February. I don't see any reason that price could possibly reach $10k in upcoming month. Although it is possible and achievable, but I guess we're gonna wait until second quarter to see some changes and what way is btc heading or maybe not. All we can do right now is wait and hope that the same thing will happen months after halving and not those bearish predictions.
December 30, 2019, 07:54:21 PM
Possibly, but if not in January then within a couple of months for sure. I think the price will gradually increase during the year due to the halvening.
December 30, 2019, 06:54:00 PM
As per several news and analysts ,
Bitcoin will touch 10k in the month of January.
No matter how many news and analysis given out by those so called pros would give out accurate predictions. Bitcoin will touch 10k on Jan 2020? It would be good to see or to look at but Bitcoin will touch 10k in the month of January.
It would be hard to believe that we would reach up that price without having some catalyst to spark out such price increase.Im not saying it isnt possible but moving $2500 in a short
span of time is hard nowadays.So i dont really expect that much.
December 30, 2019, 04:20:38 PM
As per several news and analysts ,
Bitcoin will touch 10k in the month of January.
Bitcoin will touch 10k in the month of January.
Not including any link to your assertion makes it lack merit. But be it as it may, January 2020 is here and 10k/Bitcoin would be easily attainable.
Lots of person are already aware of the prospect in bitcoin come year 2020. I look forward to a new height that hasn't been attained, which I believe would be achieved. I can see the positive signs already in respect to this.
December 30, 2019, 03:32:39 PM
Don't you think this should be under predictions?
In 2020 anytime from The mid year, bitcoin may be coming into shape but I'm not expecting something as much as 10k but I expect a better value
In 2020 anytime from The mid year, bitcoin may be coming into shape but I'm not expecting something as much as 10k but I expect a better value
December 30, 2019, 03:22:57 PM
I don't believe in short-term forecasts like one / two weeks or a month. If you tell me by the end of 2020 I could also agree and hope for it, but for January 2020 I don't really believe it can be predicted.
December 30, 2019, 03:06:23 PM
As per several news and analysts ,
Bitcoin will touch 10k in the month of January.
I'm tired of these analysts.Yes, the price should go up, but it will not be in January, but most likely throughout the year.I have high hopes for 2020. Bitcoin will touch 10k in the month of January.
December 30, 2019, 02:13:54 PM
I don't think there's much of a chance for big jump of the price until after the Chinese new year.
(But I should warn you I've just became quite pessimistic after being overly optimistic for the last months).
(But I should warn you I've just became quite pessimistic after being overly optimistic for the last months).
December 30, 2019, 02:06:03 PM
As per several news and analysts ,
Bitcoin will touch 10k in the month of January.
I think it would impossible for bitcoin to increase it's price at almost 10K USD in next year of 2020 because it is a very short time for bitcoin to increase that fast, so I think bitcoin would only increase it's price to only 8K USD this January 2020 because obviously the market is still down, it would be really hard to expect that bitcoin will increased its price that fast.Bitcoin will touch 10k in the month of January.
If we see history of bitcoin then there is no short time to reach new heights. This year just a statement from Chinese president took bitcoin to 12000$. But I do agree that the way market is going 10k in January does not look feasible. Lets hope 2020 bring smiles on all of our faces.
December 30, 2019, 01:58:28 PM
As per several news and analysts ,
Bitcoin will touch 10k in the month of January.
I think it would impossible for bitcoin to increase it's price at almost 10K USD in next year of 2020 because it is a very short time for bitcoin to increase that fast, so I think bitcoin would only increase it's price to only 8K USD this January 2020 because obviously the market is still down, it would be really hard to expect that bitcoin will increased its price that fast. Bitcoin will touch 10k in the month of January.
December 30, 2019, 01:02:47 PM
I would not argue much about this prediction as it's fair and attainable looking at the fact that we have already started seeing some major improvements in the price of bitcoin for the past 3 days. 10K is just a stone throw away that i agree bitcoin can reach that sooner or later having in mind that bitcoin block halving is happening in May.
December 30, 2019, 12:34:25 PM
I think that in January 2020, there will be the lowest prices in the market, so it is unlikely that Bitcoin in January will cost $10k, but if we take 2020 as a whole, then of course Bitcoin will cost $10k and above.
December 30, 2019, 12:34:14 PM
i am very much sure that bitcoin will cross $10k target but I am also sure that nobody can predict the time when it will cross that barrier. So stop following these predictions. If you really think that bitcoin can cross $10k then who is stopping you from buying bitcoin at current price?
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