Topic: Can Bitcoin hit 100k in 2020? - page 4. (Read 1018 times)
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NO!! I am very much sure about it that Bitcoin won't reach at the 100K USD!100K USD is huge and it will not be easy to raise for the Bitcoin. Bitcoin needs more investors and real-life usage, it needs more supporters too! Many countries banned cryptocurrency, this will be another drawback! India, China, and some other big countries banned Bitcoin! If every country accepts cryptocurrency then 100K USD will happen for the BTC!
Bitcoin is about to get a lot more expensive than it is today,
So is it possible to see Bitcoin price hovering around 100k each by next year and why?
Source: https://medium.com/@Amiono4/can-bitcoin-hit-100-000-in-2020-a4c424cc1d34
So is it possible to see Bitcoin price hovering around 100k each by next year and why?
Source: https://medium.com/@Amiono4/can-bitcoin-hit-100-000-in-2020-a4c424cc1d34
There are a lot of experts prediction about the price of Bitcoin and I do believe in some of their predictions, but a $100k for just a year is not realistic for me, there should be good data backed by why it should go on that level this early and I don't believe in just the production value as stated by that article.
Bitcoin is about to get a lot more expensive than it is today,
So is it possible to see Bitcoin price hovering around 100k each by next year and why?
Source: https://medium.com/@Amiono4/can-bitcoin-hit-100-000-in-2020-a4c424cc1d34
I doubt it, $100k is alot to achieve from $8000 right now. Maybe the price will hit over $10k when an ETF is approved. It could very well go to $20k, but anything more would be inflated and would crash hard. Only time will tell for sure!So is it possible to see Bitcoin price hovering around 100k each by next year and why?
Source: https://medium.com/@Amiono4/can-bitcoin-hit-100-000-in-2020-a4c424cc1d34
Bitcoin is about to get a lot more expensive than it is today,
So is it possible to see Bitcoin price hovering around 100k each by next year and why?
Source: https://medium.com/@Amiono4/can-bitcoin-hit-100-000-in-2020-a4c424cc1d34
I doubt it, $100k is alot to achieve from $8000 right now. Maybe the price will hit over $10k when an ETF is approved. It could very well go to $20k, but anything more would be inflated and would crash hard. Only time will tell for sure! So is it possible to see Bitcoin price hovering around 100k each by next year and why?
Source: https://medium.com/@Amiono4/can-bitcoin-hit-100-000-in-2020-a4c424cc1d34
Looking at what's happening in the crypto market just now, there are good possibilities that Bitcoin might be able to hit the 100k price assumption in 2020 but there is also another possibility of it dropping down back to $3k in 2020. The crypto ecosystem is very unpredictable and things can change within a matter of seconds.
It is a long way to go before we hit $100k by 2020 but who knows what will be the implications with the upcoming halving will do by that time.It will be everyone's dream if bitcoin hits early $100k by 2020.
I have quite high confidence that Bitcoin will hit $100k during the current bull market, but I think the market won't reach its next peak until 2021, so I don't think it'll pass $100k until 2021.
I do think it'll pass $20k next year which will set off the next crazy FOMO part of this market cycle, like passing the old ATH peak always does, but I think we'll see 2020 close with the FOMO only partially done, maybe it'll be like $40k or something when 2020 closes and will hit $100k in the first 6 months of 2021. That'd be my guess.
Though with that said, so far this bull market is moving fast. I think that is because institutional investors have been dipping their toes in during the bottom and during this young bull market. So I could potentially see this cycle going quicker than the last one (just as the bear market and the bottom of the market were both shorter than the ones in the last cycle in 2014/2015). So I think it is possible that this bull run goes quicker and ends by the end of 2020. It all depends on if institutional investors stay in until $100k or if they bail part way up after getting what is for them incredible returns, perhaps not wanting to risk it further later in the bull market. Anyway, we'll see how it all plays out.
I do think it'll pass $20k next year which will set off the next crazy FOMO part of this market cycle, like passing the old ATH peak always does, but I think we'll see 2020 close with the FOMO only partially done, maybe it'll be like $40k or something when 2020 closes and will hit $100k in the first 6 months of 2021. That'd be my guess.
Though with that said, so far this bull market is moving fast. I think that is because institutional investors have been dipping their toes in during the bottom and during this young bull market. So I could potentially see this cycle going quicker than the last one (just as the bear market and the bottom of the market were both shorter than the ones in the last cycle in 2014/2015). So I think it is possible that this bull run goes quicker and ends by the end of 2020. It all depends on if institutional investors stay in until $100k or if they bail part way up after getting what is for them incredible returns, perhaps not wanting to risk it further later in the bull market. Anyway, we'll see how it all plays out.
Looking at what's happening in the crypto market just now, there are good possibilities that Bitcoin might be able to hit the 100k price assumption in 2020 but there is also another possibility of it dropping down back to $3k in 2020. The crypto ecosystem is very unpredictable and things can change within a matter of seconds.
Its over prediction and hope that it could touch 100k .The recent market situation telling us that it will climb the up to the mountain .However It look like towards 10k .The trend are so strong we can hope the moving will be fast to the up but we can't expect it to the over . The market will go with its own behave .Now let's see what happen in next year to the market.
It all depends on level of mass adoption. If the price increases due only to news and massive speculation, it will increase parabolic ally and I'm sure it would negatively affect the long term price. I personally think that a year or two is not enough if we want an natural growth to 100k$.
This has been going on for years now, can bitcoin reach X price at X time, alot of people have unreal expectation for the bitcoin price, i think people who thinks like this are just here to become rich effortlessly which i don't blame them.
How many people predicted that bitcoin will reach 20K by end of 2017 ? Many people were of the view that 10,000$ would be the maximum bitcoin can reach in 2017 but bitcoin did manage to move up the expectations. Now people are aiming for 50K or 100K bitcoin price and i am sure bitcoin will keep up with these expectations too.
This has been going on for years now, can bitcoin reach X price at X time, alot of people have unreal expectation for the bitcoin price, i think people who thinks like this are just here to become rich effortlessly which i don't blame them.
Who is Dr. Hosp? In my search engine, he only appeared once in the result as a blockchain expert.
Anyways, it is quite exaggerated of a speculation right now to say that it will hit by 100k in 2020, unless it has specified a month which can be looked into through in-depth analysis.
Right now we aren't having those burst gains, so this speculation is really far away from reality as of this moment.
Anyways, it is quite exaggerated of a speculation right now to say that it will hit by 100k in 2020, unless it has specified a month which can be looked into through in-depth analysis.
Right now we aren't having those burst gains, so this speculation is really far away from reality as of this moment.
I believe if bitcoin will experience an increase in prices during 2019 and the following year, but if you expect Bitcoin to have a price of $ 100 000 it is too impossible that it will happen in just 1 year from now, the article you gave about price increases will reach $ 100 000 too exaggerating
Bitcoin is about to get a lot more expensive than it is today,
So is it possible to see Bitcoin price hovering around 100k each by next year and why?
Source: https://medium.com/@Amiono4/can-bitcoin-hit-100-000-in-2020-a4c424cc1d34
So is it possible to see Bitcoin price hovering around 100k each by next year and why?
Source: https://medium.com/@Amiono4/can-bitcoin-hit-100-000-in-2020-a4c424cc1d34
This is very very unpredictable i see. If we see last one year that market is too much volatile and anything can happen in this market. But 100k price is highly Ambient for everybody. So don't think out of your hand and that may make you fall in danger. We just wait and see for next year.
I don't know whatsup with this exceptionally high price predictions the fact is : for something to just hit that big it does need some major like real major backups like some countries government supporting it and backing it up by their major banks .
What I see is , it's impossible at this point , it's better to make predictions that are actually reasonable.
Even the point of it crossing what it was in 2017 is something that might not happen in this year or so.
It genuinely is unpredictable !!
That's Bitcoins for you .
What I see is , it's impossible at this point , it's better to make predictions that are actually reasonable.
Even the point of it crossing what it was in 2017 is something that might not happen in this year or so.
It genuinely is unpredictable !!
That's Bitcoins for you .
Its possible for BTC to hit that price in 2020. Many companies are adopting bitcoin and its technology so fast. The more the. Adoption of bitcoin the more the demand which will lead to high price.
I believe that BTC will reach much higher figures than now. maybe even 100k, who knows? but I believe that it also takes a long time to grow, rapid climbs make you lose confidence in the BTC
Bitcoin is about to get a lot more expensive than it is today,
So is it possible to see Bitcoin price hovering around 100k each by next year and why?
Source: https://medium.com/@Amiono4/can-bitcoin-hit-100-000-in-2020-a4c424cc1d34
So is it possible to see Bitcoin price hovering around 100k each by next year and why?
Source: https://medium.com/@Amiono4/can-bitcoin-hit-100-000-in-2020-a4c424cc1d34
The possibilities are open but we need a realistic data or updates on how and what will make Bitcoin to reach that price in just a short period of time I have no doubt that Bitcoin price will have it's highest potential at 6 digits but with only a year I doubt that, even the latest news about ETF or Facebook cannot make it happen.
Even if it's $50,000, I would certainly be happy with that, but if it goes higher, then that shows bitcoin is going to moon again.
But then again, it was just a speculation, doesn't matter who gives that as we all know there are a lot of experts who make wrong predictions also, especially during the last bear market, and now they are back claiming again bitcoin to rise that high.
But then again, it was just a speculation, doesn't matter who gives that as we all know there are a lot of experts who make wrong predictions also, especially during the last bear market, and now they are back claiming again bitcoin to rise that high.
Bitcoin's potential is very high but reaching $ 100k I think it's very heavy. and it must require some time to arrive at the right time, so I think $ 20k is realistic for the increase in bitcoin prices when 2020
If the things around bitcoin is quite positive I think that's possible and ofcourse that'll likely take a long time to happen however it's still possible, more realistic approach is maybe $20K and that alone is enough to get more people pumped just like you said it's more realistic, maybe people should chill a little bit. Jump to: