Bitcoin will touch the high price in 2020? - page 6.

Ayiranorea

sr. member

Activity: 1246

Merit: 255

Leading Crypto Sports Betting & Casino Platform

Quote from: seoincorporation on July 31, 2020, 10:47:17 AM

If you see the trend on the graphs you can see the new ALH doesn't happen the same year of the halving, i think the new ATH will be in 2022... and for that time we can expect something like $100k each coin.

Is just speculation buddy, remember, with cryptos everything is possible.

2022 means a large time gap from the present. Upon the same what's been stated as the price for 2022 can be reached. There is a big expectation for the year 2020. Everything got collapsed with the pandemic that happened all around. Based on the same the price can't be expected to reach high. The gradual growth as now can happen throughout this year, which is good for the market.

LogitechMouse

legendary

Activity: 2576

Merit: 1043

Need A Campaign Manager? | Contact Little_Mouse

Still this is possible but if you will look at the historical data of Bitcoin and its movement after its halving, the pump happened the next year and not the same year as the halving happened.

In short, there is a higher chance that the ATH will be reach around next year or maybe 2022 but higher chance that it will happen next year since that is its price movement in the past 2 halvings. Even the lowest price that you've predicted which is $25,000 is a bit optimistic for me and the fact that people are suffering right now globally because of the pandemic can affect the price too since most of the investors doesn't have any money to invest with.

There is a high chance also that this pump that recently happened have been done by rich people only and large institutions just to create a bit of hype in the market. No evidence though just an assumption.

Kelvinid

sr. member

Activity: 2828

Merit: 344

win lambo...

Quote from: Shaheer Arshad on July 31, 2020, 10:23:02 AM

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 you are having a pool to this, I have to choose $25,000 because there is no other option below that.

TBH, I won't be more optimistic this time as the reality that we can make such surge and reach to ATH again year due to the economic troubled situation. We saw an uptrend momentum by now but that is a far to reach at $33k even that $25k. I know that the market is unpredictable and all seems to be possible but we also have to know the capability of it and seeing there is no such huge change in the market resistance. However, I was looking forward to see it in a bullish market next year.

https://cryptopotato.com/bitcoin-price-analysis/

Upgrade00

legendary

Activity: 2114

Merit: 2248

Playgram - The Telegram Casino

I'm more concerned with price sustainability than the highest peak reached. During the previous ATH the price peaked at almost $20k at the end of the year, however the average price throughout the year was much lower than that, and the price quickly plummeted after that.

So far this year we have witnessed increased stability, registering the highest annual average price. If we can have slow organic growth Bitcoin could attain and maintain high peaks, rather than a rinse and repeat profiting.
Of course, there has to be drops after spikes due to speculation and panic sellers (who fear a price drop), but if this correction is not too wide, it would be a huge positive and could lead to more adoption of bitcoin.

mersal

member

Activity: 1204

Merit: 38

Quote from: Shaheer Arshad on July 31, 2020, 10:23:02 AM

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$

Is there any proof to validate your statement? In 2020 none of the government is going to concentrate on the cryptos because they are in economical crisis so they have to do lot of things to get recover from it.

If the current trend keep continues then new all time high for bitcoin is possible but I am not sure that how long this trend will follow so don't wanna comment about the all time high of 2020.

shield132

hero member

Activity: 2352

Merit: 905

Metawin.com - Truly the best casino ever

We can't exclude any version there cause we have a lot of arguments on both side. Personally I think it will reach it's all time high and even surpass at the end of 2020 or in the begining of 2021, like it happened previously.
At the same time we don't have to forget that bitcoin kept regular 9k price during this pandemic and despite the fact of a lot of pessimistic predictions and expectations, I would say that bitcoin rised.

If we consider what I mentioned above and add another fact that bitcoin hit 11k right now (doesn't mean much but still...) and people have positive feelings in overall because of past experience from previous halving, I think this will happen and bitcoin will rise like phoenix.

rodskee

full member

Activity: 2520

Merit: 204

Quote from: seoincorporation on July 31, 2020, 10:47:17 AM

If you see the trend on the graphs you can see the new ALH doesn't happen the same year of the halving, i think the new ATH will be in 2022... and for that time we can expect something like $100k each coin.

Is just speculation buddy, remember, with cryptos everything is possible.

Following the same sentiments from those previous runs that happened inside
this industry, like what you have said
Things didn't take place same year with halving momentum is forming though
after halving and the actual rise
showed up after a year and bring great value to our invested money, if history
will be the same then we are going
to expect again another rise, not good in numbers but I'm also positive that
it can be more higher than the last ATH.

BrewMaster

legendary

Activity: 2128

Merit: 1293

There is trouble abrewing

Quote from: seoincorporation on July 31, 2020, 10:47:17 AM

If you see the trend on the graphs you can see the new ALH doesn't happen the same year of the halving, i think the new ATH will be in 2022... and for that time we can expect something like $100k each coin.

Is just speculation buddy, remember, with cryptos everything is possible.

i personally don't like speculating like this too much focusing on the past performance but if we were to do it, last halving was mid 2016 and the bull run started in 2016 and ATH was in 2017.
this halving was in mid 2020 and it should end up with ATH in 2021 not 2022!

so far the trend feels the same with the huge drop of the nearly same size as 2015, the recovery that slowly followed and now we are in beginning of 2017 where the rises has to start.

dj3345

jr. member

Activity: 75

Merit: 1

The year is not over yet so maybe, hopefully it could touch the highest price but I do not give conclusion on this, because as we all know BTC is very volatile and has unpredictable movement. We are seeing BTC going up but no knows it will drop later in the year. Let's just enjoys what BTC has offer for now and do right decision in order to take advantage of the situation. Since, BTC is moving upward holding it may give extra profit for us in the coming months.

seoincorporation

legendary

Activity: 3346

Merit: 3125

If you see the trend on the graphs you can see the new ALH doesn't happen the same year of the halving, i think the new ATH will be in 2022... and for that time we can expect something like $100k each coin.

Is just speculation buddy, remember, with cryptos everything is possible.

CryptoTalk365

newbie

Activity: 32

Merit: 0

If it crosses 15k then I think it will be enough for this year. BTC has already suffered the price because of the epidemic and other financial crises. The market looks stable for now and hope this will be work as support and price will go up from here. But we can not predict the future so other people may not agree.

Shaheer Arshad

jr. member

Activity: 173

Merit: 1

GRNGrid

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$

Topic: Bitcoin will touch the high price in 2020? - page 6. (Read 874 times)