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Topic: Bitcoin will touch the high price in 2020? - page 3. (Read 874 times)

sr. member
Activity: 1876
Merit: 259
We can only speculate about what's going on in the market, but don't really know which way the market is going, sometimes the crypto market goes upside down on what many people say.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
I don't really think that we would be seeing any new ATH in this year.
I think the highest that we could get would be around $15-17K  and we should really be happy when we reach it for me it would be a huge achievement in crypto again.



Current barrier is at 12k levels and after crossing we can see it at 13k levels too. But yes 2020 will it be ATH is difficult to say though we should be seeing anywhere near 15k would be a real big thing as in a year’s timer it would have given very significant profits and should get stable 15k upwards.


   I don't believe that Bitcoin will reach new ATH this year as well. I think we can be happy with the current price, it's over $11k and
it's holding good. Little higher price, and we can be satisfied with Bitcoin performance for this year. It's good to open the next year
with some higher price, many of us here on forum expect a lot from next year.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
People are forgetting the fact that bitcoin technically doesn't have anything that keeps it low or high, it is only the people who buy and sell that matters and whatever they think is the price will be the price. Which means in a month we could have bitcoin over 50k, or we could not see that at all as well like we haven't seen that price in bitcoin history.

So, it is always possible to see a huge price for bitcoin but just because it is "possible" doesn't mean that it will happen like that and people would be all buying bitcoin like crazy to increase the price without a stop. So, I think the sensible price range right now is 15k-30k levels if bitcoin goes up, but it may not happen as well if people do not agree with me, I have already bought so mine could be just wishful thinking as well Cheesy.
We are all wishing into those high digits but we should always consider to be at least realistic on what we are presuming because price cant really reach that high if demand wont really be that high
compared into that 2017 bubble.Yeah its hard but we know that theres a possibility and its just too far off for someone to talk about 100k price in 2020.For 2020 then 13-15k would be ideal but if
price would break into much higher then it would be the better.For now the thing we can only do is to wait up and if you do able to buyback into those low prices in previous months then
patience would really be the main thing to be tested on.
sr. member
Activity: 2030
Merit: 323
People are forgetting the fact that bitcoin technically doesn't have anything that keeps it low or high, it is only the people who buy and sell that matters and whatever they think is the price will be the price. Which means in a month we could have bitcoin over 50k, or we could not see that at all as well like we haven't seen that price in bitcoin history.

So, it is always possible to see a huge price for bitcoin but just because it is "possible" doesn't mean that it will happen like that and people would be all buying bitcoin like crazy to increase the price without a stop. So, I think the sensible price range right now is 15k-30k levels if bitcoin goes up, but it may not happen as well if people do not agree with me, I have already bought so mine could be just wishful thinking as well Cheesy.
full member
Activity: 1036
Merit: 109
I don't really think that we would be seeing any new ATH in this year.
I think the highest that we could get would be around $15-17K  and we should really be happy when we reach it for me it would be a huge achievement in crypto again.
full member
Activity: 1330
Merit: 147
It is hard to predict the bitcoin price next year. This year I think it is possible to reach $20k but it will require a lot of pump which isn't obvious until now. The resistance is quite solid around $12k!
A few months ago bitcoin had been consilidated for three months to pass $10.000 barrier. At that time bitcoin had been traded at the range of $8.800-9.700 but after that when the trader believe bitcoin could reach $10.000 its price has been reached and until now bitcoin's price still showing in uptrend movement.

It could be like that, when we (trader/investor) believe that bitcoin can pass the privious all time high $20.000 actually when the price reach $20.000 we will be easy to find another all time high in the short term pariode. We just need a time and also the sentiment market that can lead to the bull run.
hero member
Activity: 2856
Merit: 674

It's possible it's still 50/50 because of the pandemic we are in if we are not in the pandemic I can confidently say that the price can reach another all-time high, but since we are in I have a small doubt but I'm hoping we can reach another all-time many will be happy because we have been in a very long bear market.

I think the reason why the price increase is because we are in the pandemic.

Compared to last year, bitcoin wasn't so bullish, and last year the economy is good, no pandemic, everything is normal, but this year could be the worst year since everyone is affected but it could be a good year for crypto based on the way bitcoin move.

Who would have thought bitcoin will be bullish after a big dump this year?
In fact, we already reach $12k though we didn't stay there but bitcoin is now continuously breaking big resistance.

Everyone could make a guess but I believe there is something big we can expect this year, and that is a new ATH.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

It's possible it's still 50/50 because of the pandemic we are in if we are not in the pandemic I can confidently say that the price can reach another all-time high, but since we are in I have a small doubt but I'm hoping we can reach another all-time many will be happy because we have been in a very long bear market.
legendary
Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
I give it little chance for Bitcoin to reach $25 in 2020. There will be huge resistance at $20k. We have 4 months left of this year.  I would not be surprised if we dont even touch $20k.

It seems it will hard to touch $20k this year, and maybe in the next year because bitcoin price is not moving fast. But if in 4 months, bitcoin price can increase every week, it will not be impossible if we will see $20k or even more this year. But I think if the price can touch $15k in these 4 months, that will be good for us because we can profit at that price.

It is hard to predict the bitcoin price next year. This year I think it is possible to reach $20k but it will require a lot of pump which isn't obvious until now. The resistance is quite solid around $12k!
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$


I give it little chance for Bitcoin to reach $25 in 2020. There will be huge resistance at $20k. We have 4 months left of this year.  I would not be surprised if we don't even touch $20k.

That's much closer in case bitcoin pumped that hard before the end of the year, it's about how supports will established and how
 people will continue buying and holding this asset.

We still have time and we already witness this way back 2016 before that huge pumped back in
2017, might be different in terms of how things will be push thru since there's still virus that really
affects every investors mindsets and points of views.
legendary
Activity: 2730
Merit: 1288
Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$


I give it little chance for Bitcoin to reach $25 in 2020. There will be huge resistance at $20k. We have 4 months left of this year.  I would not be surprised if we dont even touch $20k.
sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
-
becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.
What made you say that? 'Cause I haven't seen any related news about that stuff. Well, I'd appreciate if you can provideo one though, so that discussion will become more appealing  Wink.

To be honest, I'm not fond of prediction thing though but anyway, I don't think BTC would be able to reach new ATH or even hit ATH within this year 'cause I don't see any thing that would trigger it or any favorable circumstances. But you know, I'm kind of surprised, because despite the situation/problem everyone were facing right now, still, market display positive movement.
full member
Activity: 812
Merit: 142
I doubt in this higher prices this year, higher than last ath. We can be happy with this price now, just to stay at this levels for the next year. If this is a new bottom, over $10k that should be a great thing for all of us and the rise that waits us in the next year.
When you look at the charts feom16/17 you can catch some similarities with what we have now. Just numbers are higher, and if we judge by the charts from history we will see some significant rise next year.

I agree that firstly if it ends up 10k above in this year we have achieved the first thing. Secondly now it is testing 12k range just like how it was 10k which could not break for few months. So if it can cross and stays above this levels then we can see it can be above 12k range by end o f2020 which would be the very good thing.
STT
legendary
Activity: 4102
Merit: 1454
^^ Makes sense but also BTC is not centred on an economy as such, its an exchange of value system thats outside the traditional Dollar bias.   I dont want to see economic pullback, poor health & deaths with overspending but the sum total is weak currency which on balance benefits BTC.    This rise since March has been way too strong already not to observe crypto is gaining some benefit in its ratio to weak Dollar standards and FIAT currency generally.

A high price in dollars is possible because the dollar is worth less in 2020 then 2017, so nominally we can see a higher number if currency flow allows it and enough value comes this way.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
Even though the crypto market was able to recover quickly during this time of the pandemic it still won't be able to hit the prices you mention about 25K, 33k, 50k, 100k or say the target achievement is 25k this year which I'm sure won't happen this year or at the end of this year. If the crypto market recovery can continue to be good towards the end of the year then a bigger pump is likely to occur in the following year which is the prediction of the bullrun market.
I'm excited to see how the market behaves next year, one year from halving. I'd never disclosed such magic coz everything could be possible but this year 2020, I agree with you that it never looks like that. Maybe we are lucky if we can reach and hold that $15k this December because we know the pandemic crisis, it hugely affects the global market and it holds people not to spend their money in investing and buying Bitcoin. Even though we can't assure that it will finally be gone next year but hearing those vaccines coming it's likely to inspire us to see this over.

with the pandemic not yet over, it's hard to see a new ATH this year. but bitcoin performance in the last couple of weeks is already astounding. as we are nearing 12k, further increase is on the way. the price levels mentioned by the OP are really high imo. we need to be realistic so our actions will be realistic as well and not regret whatever decisions we made in terms of investments.
hero member
Activity: 2856
Merit: 667
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$


If there's a chance it will touch a new high, I would choose the lowest on the choices, for a very simple reason that I don't want bitcoin to dump even more because it will correct when it's overvalued due to FOMO.

So my answer to that question is yes, it's possible if... pay attention to the word if.. if bitcoin remains bullish and altcoins will have the same behavior.
hero member
Activity: 2828
Merit: 518
Even though the crypto market was able to recover quickly during this time of the pandemic it still won't be able to hit the prices you mention about 25K, 33k, 50k, 100k or say the target achievement is 25k this year which I'm sure won't happen this year or at the end of this year. If the crypto market recovery can continue to be good towards the end of the year then a bigger pump is likely to occur in the following year which is the prediction of the bullrun market.
I'm excited to see how the market behaves next year, one year from halving. I'd never disclosed such magic coz everything could be possible but this year 2020, I agree with you that it never looks like that. Maybe we are lucky if we can reach and hold that $15k this December because we know the pandemic crisis, it hugely affects the global market and it holds people not to spend their money in investing and buying Bitcoin. Even though we can't assure that it will finally be gone next year but hearing those vaccines coming it's likely to inspire us to see this over.
full member
Activity: 1330
Merit: 147
yes, I surely believe that bitcoin will touch the high price in this year. Because with this pandemic situation more people will invest on cryptocurrency .
In my opinion bitcoin will touch about $15k.
Have you check the gold price currently? Its price now has touched its new all time high and traded above $2030 now, it means there will be many people who will spend their money to buy gold.

I know some information about stimulus from US governement and if this stimulus has been sending for US citizent then we will see the volatility price, pointed out that many people now are aware against investing.

But I have no confident if many people in US especially will spend their money into bitcoin since just a few person who knows bitcoin there. So as most people will choose gold and another safe heaven asset to storing their money  in this pandemic situation yeah maybe a few of them choose crypton currency.
legendary
Activity: 3248
Merit: 1179
I doubt in this higher prices this year, higher than last ath. We can be happy with this price now, just to stay at this levels for the next year. If this is a new bottom, over $10k that should be a great thing for all of us and the rise that waits us in the next year.
When you look at the charts feom16/17 you can catch some similarities with what we have now. Just numbers are higher, and if we judge by the charts from history we will see some significant rise next year.
full member
Activity: 1750
Merit: 118
its uesless if a country legalize bitcoin but if the crisis is still there  because people  cant still buy btc even if they are excited

 . id be more happy if a government do useful move rather that will be more beneficial during this time of crisis. their legalization of btc is late to be honest but what can we do now ? thats better than nothing  .  atleast there are positivity that happens and not only full of negativity started by the covid thing
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