all true, but also most of these points have been true all along. for example adoption has been increasing all this year like last year even though price wasn't to most people's likings.
as for $20k this year, i highly doubt it because reaching the previous ATH is always challenging due to the bigger than normal resistance that shapes up near that point. you can compare it with $1200 in 2017 which was the previous ATH of that time. it took a long time to get close to it and break it down.
Topic: Bitcoin up to $20,000 before 2020? - page 6. (Read 644 times)
I don't believe in such price for this end of year, I already did a thread asking to people if they are ok with 10k USD price
Maybe we have to accept that not every good news will influence the price as we want, maybe the price will be the same for some time
I'm ok with this price, I want 20k USD for sure, but it seems so hard to hit and the days are passing, we are already at mid september...
Maybe we have to accept that not every good news will influence the price as we want, maybe the price will be the same for some time
I'm ok with this price, I want 20k USD for sure, but it seems so hard to hit and the days are passing, we are already at mid september...
Between Trump's stupid tariffs and Boris Johnson's british crisis, I'm surprised Bitcoin is not up to $100,000 already
Well, this can be because the overall sentiment of the market is not really that effected with those issues. I am sure what are the issues that can help prod Bitcoin back to the $20K level but we are all hoping that soon developments in the global arena can be catalysts for a big bull run. I am positive that things are gonna be different in 2020 but for now there is only a very little hope that towards the end of 2019 there will be a major uptick for the King of Cryptos.
2019 is going to end and only 3 months left. According to the calculation there is not much time left. I am a little bit confused with a short period of time it will raise up to $20k?
I doubt it will hit $20,000. We might see a bull-run up to 15K, but doubling the price of BTC is too much I think
Between Trump's stupid tariffs and Boris Johnson's british crisis, I'm surprised Bitcoin is not up to $100,000 already
Well, this can be because the overall sentiment of the market is not really that effected with those issues. I am sure what are the issues that can help prod Bitcoin back to the $20K level but we are all hoping that soon developments in the global arena can be catalysts for a big bull run. I am positive that things are gonna be different in 2020 but for now there is only a very little hope that towards the end of 2019 there will be a major uptick for the King of Cryptos.
Between Trump's stupid tariffs and Boris Johnson's british crisis, I'm surprised Bitcoin is not up to $100,000 already
I think the main cause of a $20,000 bull run would be the collapse of the Indian rupee
What do you mean by “the collapse of Indian rupee “?anyway I’m not from India that shy I have no idea about what’s happening to their economyAbout the thread?2017 is too far from what 2019. Did so the chance of hitting 20$k before 2020 is unbelievable and surely misleading maybe better say in 2020 may Halving
Boris Johnsons screwing up the british pound. That's why Bitcoin is going to hit $20,000
I think the main cause of a $20,000 bull run would be the collapse of the Indian rupee
Great analysis imo! https://cryptotradernews.com/cryptocurrency/will-bitcoin-reach-20k-before-2020/
My key takeaways:
Thoughts?
My key takeaways:
- More and more people are using crypto as a way to diversify their investment portfolio
- Brexit is a mess and this only helps Bitcoin
- The trade war is a mess too and this only helps Bitcoin
- Price patterns favor a $20,000 bull-run by the end of the year
- There is a massive FOMO sentiment amongst crypto enthusiasts
Thoughts?
Jump to: