Topic: Can bitcoin Cross $20,000 By the end of 2020? (Read 665 times)
Almost all forum users, like other cryptocurrency users, primarily turn their attention to future halving, which in one way or another should affect the entire cryptocurrency market and directly on the price of bitcoin. But if you predict what kind of changes will be, then personally I expect only an increase in the price of bitcoin, since the previous division of the remuneration to the miners twice led to just such consequences.
I think after BTC reward halving the mining will be less profitable, additionally over 80% of BTC max supply have been mined, thus BTC's price will be slowly increasing. Maybe it won't reach $20,000 by the end of 2020.
The real trick is, what will happen after the halving, that is the real question, depending on the answer it could easily go beyond $20k or it could go under $7k and we can never know what will happen until it is too late and already happened. What will decide on this is how will miners and traders react to it, depending on how they react we could definitely have a lot of difference in the outcome.
If miners are still making profit with $10k price for example (which they might, all depends on their hash rates to electricity to difficulty) they will not stop doing what they are doing right now, they will probably only focus on their profits and if they still profit that means they won't do anything.
Aside from that people who bought and expected a huge raise may end up not caring about all that much, which may end up with them selling because they are disappointed. These are the bad parts, the good part is if everything is in reverse, it may go above $20k as well.
If miners are still making profit with $10k price for example (which they might, all depends on their hash rates to electricity to difficulty) they will not stop doing what they are doing right now, they will probably only focus on their profits and if they still profit that means they won't do anything.
Aside from that people who bought and expected a huge raise may end up not caring about all that much, which may end up with them selling because they are disappointed. These are the bad parts, the good part is if everything is in reverse, it may go above $20k as well.
It theoretically can, but no one knows if it will. If you want a more precise answer, I suggest asking your nearby fortune teller.
Even a fortune teller can't do that not all fortune teller can predict 100% of what's going to happen, in fact even if that fortune teller happens to have have all the chart and candle sticks analysis in front of him, but in my analysis it's going to be more than $20 k remember the supply will be much lesser.
The end of the year is not the measurement, Bitcoin can hit 20K USD anytime this year. As the FOMO is spreading well and Bitcoin price still in the growth zone, so, we can expect 20K USD after the bitcoin halving, but no one can confirm you about it, because as you know future is unknown to everyone.
Of course it is not, by the end of the year meaning until the end of the year, so it could reach either before or at the end of the year. Most people who are optimistic that bitcoin will rise will also think that bitcoin will surpass it's ATH this year and that would mean even over $20,000.
Anything may happen with bitcoin prices as FOMO may launch prices to new ATH before halving and if that happens then we can see $100k before end of this year. Then one million dollar levels may happen in 2021
yes, FOMO can do any magic! 
The end of the year is not the measurement, Bitcoin can hit 20K USD anytime this year. As the FOMO is spreading well and Bitcoin price still in the growth zone, so, we can expect 20K USD after the bitcoin halving, but no one can confirm you about it, because as you know future is unknown to everyone.
Of course it is not, by the end of the year meaning until the end of the year, so it could reach either before or at the end of the year. Most people who are optimistic that bitcoin will rise will also think that bitcoin will surpass it's ATH this year and that would mean even over $20,000.
If the market continues to grow then why couldn't it cross it?
The FOMO from halving could make it happen if the price continues to increase rapidly,
We might not need to wait for the end of 2020 to see it cross $20K again.
The FOMO from halving could make it happen if the price continues to increase rapidly,
We might not need to wait for the end of 2020 to see it cross $20K again.
Yes, so we can wait for that time to come, but meanwhile, we can buy more bitcoin from now one before the bitcoin price started to increase higher. If Bitcoin price starts to grow, and we are not yet buying more bitcoin, we will miss the time to sell bitcoin at the highest price. I guess that the situations will be like this, I mean, the price will be up and down for more, and the price will hit the high price and then it will go down for a while, and then it will go up again. That will happen like that without we know how high bitcoin price will increase, but if we can be ready for the time, we can get a good time to sell bitcoin.
The end of the year is not the measurement, Bitcoin can hit 20K USD anytime this year. As the FOMO is spreading well and Bitcoin price still in the growth zone, so, we can expect 20K USD after the bitcoin halving, but no one can confirm you about it, because as you know future is unknown to everyone.
If the market continues to grow then why couldn't it cross it?
The FOMO from halving could make it happen if the price continues to increase rapidly,
We might not need to wait for the end of 2020 to see it cross $20K again.
The FOMO from halving could make it happen if the price continues to increase rapidly,
We might not need to wait for the end of 2020 to see it cross $20K again.
Yes, so we can wait for that time to come, but meanwhile, we can buy more bitcoin from now one before the bitcoin price started to increase higher. If Bitcoin price starts to grow, and we are not yet buying more bitcoin, we will miss the time to sell bitcoin at the highest price. I guess that the situations will be like this, I mean, the price will be up and down for more, and the price will hit the high price and then it will go down for a while, and then it will go up again. That will happen like that without we know how high bitcoin price will increase, but if we can be ready for the time, we can get a good time to sell bitcoin.
If the market continues to grow then why couldn't it cross it?
The FOMO from halving could make it happen if the price continues to increase rapidly,
We might not need to wait for the end of 2020 to see it cross $20K again.
hope that will happen soon. however, I think that the price of $ 10k is not stable at the moment. 2 times there has been an increase above $ 10k decreased again at the level of $ 9k in a fast time. so far, the price of $ 10k has not lasted for 1 week. even so, I still believe the development of bitcoin can reach the potential of $ 20k. The FOMO from halving could make it happen if the price continues to increase rapidly,
We might not need to wait for the end of 2020 to see it cross $20K again.
Can bitcoin Cross $20,000 by the end of 2020?
Now it is approx $10,000
no doubt that Bitcoin can,because in 2017 we made that value so what more now that investors are multiplying and just only waiting for the right time before blasting their investments?and also we are just in the first quarter but look at the market?the capitalization even grow at least 30% things that made us all believe that we are in early halving Bull running.so just wait for the next months and we will see that 5 digits value will be attain again. Now it is approx $10,000
If the market continues to grow then why couldn't it cross it?
The FOMO from halving could make it happen if the price continues to increase rapidly,
We might not need to wait for the end of 2020 to see it cross $20K again.
The FOMO from halving could make it happen if the price continues to increase rapidly,
We might not need to wait for the end of 2020 to see it cross $20K again.
~snip~
Why not put a realistic goal of like $12,000-$15,000 this year and wait for 2021? Yeah, like that prediction, but people here wanted to see the price goes to $20,000 and relieved that 2017 again. Different time folks, as much as we wanted to see that price goes on parabolic rise, much better to wait and see what happens after the block halving.
could reach more than $20,000 for all we know, however, it will really take some time and maturity again before we can see the next big bubble.
On 2021 maybe? More than $20,000 means new ATH. I would love to see those figures and market reactions.
No! But maybe 15k will be it's highest and it will just play around it.
2021 though will be really promising. If we look at the charts, 1 year after the halving is needed before the value of bitcoin appreciates.
I think miners would not really feel the pain of the halved block reward yet within this year. Just my speculation.
So expect more dips and pumps in this year. It will be a crazy one.
2021 though will be really promising. If we look at the charts, 1 year after the halving is needed before the value of bitcoin appreciates.
I think miners would not really feel the pain of the halved block reward yet within this year. Just my speculation.
So expect more dips and pumps in this year. It will be a crazy one.
Why not put a realistic goal of like $12,000-$15,000 this year and wait for 2021? Yeah, like that prediction, but people here wanted to see the price goes to $20,000 and relieved that 2017 again. Different time folks, as much as we wanted to see that price goes on parabolic rise, much better to wait and see what happens after the block halving.
It could reach more than $20,000 for all we know, however, it will really take some time and maturity again before we can see the next big bubble.
No! But maybe 15k will be it's highest and it will just play around it.
2021 though will be really promising. If we look at the charts, 1 year after the halving is needed before the value of bitcoin appreciates.
I think miners would not really feel the pain of the halved block reward yet within this year. Just my speculation.
So expect more dips and pumps in this year. It will be a crazy one.
2021 though will be really promising. If we look at the charts, 1 year after the halving is needed before the value of bitcoin appreciates.
I think miners would not really feel the pain of the halved block reward yet within this year. Just my speculation.
So expect more dips and pumps in this year. It will be a crazy one.
Last year I answered a similar question and I answered yes because I am very optimistic that bitcoin will make a new ATH last year but it didn't happen, so this year I will still believe it will happen, I won't stop believing and actually this year has a great start and I like to believe that people are really hype with the upcoming halving.
There is a technical signal: the golden cross, the 50-day moving average rose above the 200-day moving average. This could translate into a nice price hike...
The last time it happened was in April last year and what happened in April? Bitcoin went from ~$5k to ~$12k in a 2-3 months period.
Imagine Bitcoin @$30k on May ^^
The last time it happened was in April last year and what happened in April? Bitcoin went from ~$5k to ~$12k in a 2-3 months period.
Imagine Bitcoin @$30k on May ^^
Indeed imagine that....
Though I think there are to many n00bs creating threads with a dumb and always similar question "Can BTC hit or break or... X-price mostly a higher ones" Then they probably watch some responses hoping for the bullish ones among us and based there quick rich buying upon those
Every other day the same thread, can BTC do that in this period of time ??
No one knows and please buy cause you know its good and world changing material, buy because you learned something about it and why its convenient etc Not because you only think its gonna increase % in a short period of time....
There is a technical signal: the golden cross, the 50-day moving average rose above the 200-day moving average. This could translate into a nice price hike...
The last time it happened was in April last year and what happened in April? Bitcoin went from ~$5k to ~$12k in a 2-3 months period.
Imagine Bitcoin @$30k on May ^^
The last time it happened was in April last year and what happened in April? Bitcoin went from ~$5k to ~$12k in a 2-3 months period.
Imagine Bitcoin @$30k on May ^^
Can bitcoin Cross $20,000 by the end of 2020?
Now it is approx $10,000
Now it is approx $10,000
It theoretically can, but no one knows if it will. If you want a more precise answer, I suggest asking your nearby fortune teller.
@GmAdvice I’ll answer yes and at the same time I’ll tell you that, it’s quiet possible that bitcoin prices may not cross $20k by the year end because of it’s volatile nature. @mk4 while I’m not a fortune teller, but I can see how it’ll go with the fortune teller as the FT will tell him the same thing like we just said here. I hope now you’ll understand that no one can predict what will happen with bitcoin prices, as we all try to make predictions based on our gut feeling. Therefore I’ll advise you to do more research about bitcoin prices, as I feel you lack the necessary knowledge regarding it.
You could always ask the same thing every year and all you could get is the same answer "Yes it could get up to $***** by the end of the year" .
Can bitcoin Cross $20,000 by the end of 2020?
Now it is approx $10,000
Now it is approx $10,000
YES IT CAN.
NO IT WON'T
But This March it will cross 11111
Next year {2021} it will cross 22222
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