Is bitcoin cross $15k in end of 2020 - page 6.

dunfida

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Quote from: Avantika jaiswal on October 28, 2020, 05:03:49 AM

I think yes because of recent news of bitcoin that paypal except bitcoin...
What's your opinion

Possibly yes or no! There's only two answers in this question because market is really unpredictable.We might be seeing some price rally now but doesnt mean that we would
be heading on that price in fast pace but this is a better or a realistic guess rather or compared to those who do talk about ATH or even more.They are just really been
tagged along too much with the current movement.Its not a new thing yet market can rise up in $1000-2000 in a single day.As a trader or investor then
you should be wise on making out decisions if you do make out shorts but for those who are longing for ATH's then buying now wont really be
that a bad idea.Lets utilize up these movements for us to make money.

Wysi

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Quote from: pealr12 on October 28, 2020, 01:03:14 PM

When everyone see that btc is pumping they will say bitcoin will cross $15k soon. One reason why btc pumps is due to paypals acceptance of cryptocurrency on thier platform. But for me bitcoin will be heading up to $20k by the end of the year.

If Bitcoin crosses the mark of $15k in couple of weeks hen Bitcoin can easily reach $20k by the end of this year else it might be pushed to next year as you have rightly mentioned the current Bitcoin pump is in fact the result of PayPal's acceptance of crypto currency but how long this impact will last? What if whales decides to cashout before the end of the year? It's still skeptical and bit esrly to predict much

Fortify

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It seems likely from the current trend that Bitcoin will continue to keep going up for the rest of the year. I think there is a bit of a spike due to uncertainty surrounding the American election - we won't really know what will happen until that major event is over. Lots of rich people and asset managers are trying to diversify as much as possible at the moment. Once the current second wave of Covid is over around the world it will also provide a bit more clarity and economic recovery - when people tend to me back into stocks instead of assets like gold/bitcoin.

pealr12

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When everyone see that btc is pumping they will say bitcoin will cross $15k soon. One reason why btc pumps is due to paypals acceptance of cryptocurrency on thier platform. But for me bitcoin will be heading up to $20k by the end of the year.

BrewMaster

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There is trouble abrewing

this is the FOMO that we have all been expecting as soon as the price rise began. i don't think it is because of paypal although it may have had some catalyst effects to get the rise started.

the FOMO has gotten big too, it is so much that even the transaction fees is seeing a big spike and it has gone over 200 satoshi/bytes which is pretty high since there are lots of people buying bitcoin and pulling it out of exchanges.

i think it is even possible to see $20k be tested very soon.

ScamViruS

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Quote from: Avantika jaiswal on October 28, 2020, 05:03:49 AM

I think yes because of recent news of bitcoin that paypal except bitcoin...
What's your opinion

What you are saying is just a prediction about the price of Bitcoin. We do not know what kind of change will take place in the market as a result of this news, we may see positive results of the market and we may also see negative results.

This is just a speculation. But if Bitcoin can finish 2020 above $15000, it will be a very good year. Because of this we will see big changes in the market next year. Which direction the market will go depends on the demand, many times even after the big news is out, there is not much change in the market.

aysg76

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Quote from: Avantika jaiswal on October 28, 2020, 05:03:49 AM

I think yes because of recent news of bitcoin that paypal except bitcoin...
What's your opinion

The prices tend to move upwards and it reached $13500 this week after the announcement of giant PayPal involvement in cryptocurrency and Soutasia' s largest bank DBL accept crypto payments.Despite the major price climb this month, bitcoin and ethereum markets are expected to be volatile at the end of the week, as a great number of options are set to expire on October 30. The professional data and analytics firm Skew.com discussed the situation on Twitter on October 25.61k bitcoin options are set to expire this month which amounts to $750 million which is huge amount so we can see downward movement in prices and that's why I am not sure prices can reach $15k by this year's end but hope for the best and stay positive being optimistic about it.

Harlot

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What you are just saying is pure speculation as the news about Paypal won't really affect the demand for Bitcoin that much. I also said recently in another post that Bitcoin is increasing in terms of price but if you look at the volume of it you will see that is is decreasing meaning that we aren't really that bullish. With the current conditions Bitcoin has I even doubt that we will be holding 13,000$ since we don't really have a strong base.

Spack17

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There are more than 2 months to the end of 2020. Bitcoin price is at the level of $13500. I think it will go above $15000 easily until the end of this year. In fact, I think it will be at the level of $15000 before the end of November.

Lucius

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The price the OP is talking about may happen in the next 24-48 hours, but there is also a chance that there will be a correction that would return the price to the level where it was before this pump ($11 000). Today's highest price was over $13 800, and the current one is just around $13 000, so daily changes can very easily reach $1000 to $2000 very easily.

What I think is realistic by the end of the year is the price between $14k and $15k, which would be about a 100% increase over the last halving - and the same thing happened in late 2016 after the halving. I hope that all this is just a good introduction to what awaits us next year, which we will hopefully be able to call the year of the big bull run and even bigger BTC adaptations.

Gozie51

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Quote from: Hypnosis00 on October 28, 2020, 09:12:50 AM

Anyway, I love seeing people truly positive on the incoming, and we all love it to see the price moving high but then, we should be careful buying this time. We can't neglect any possibility for the declines after the hype.

Bitcoin is selling a little above $13,000 this moment meaning it has dropped from $13,500 it opened. Fluctuation of bitcoin price is what really makes it difficult to speculate accurately on. This is not a good time to make mistake because a mistake made now can be a pain for a long time. I see that price can move any way from this season coming to an end.

Hypnosis00

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Quote from: Avantika jaiswal on October 28, 2020, 05:03:49 AM

I think yes because of recent news of bitcoin that paypal except bitcoin...
What's your opinion

Could be possible but not only because of PayPal integration to crypto accepting Bitcoin. I don't think there is a huge impact on the market, in fact, some big companies had already been accepting Bitcoin ahead of PayPal but never sees such a thing. If we are able to reach $15k this year it is because people are buying more on Bitcoin for investment, the market pulse surging high causing the price to fluctuate unexpectedly.

Anyway, I love seeing people truly positive on the incoming, and we all love it to see the price moving high but then, we should be careful buying this time. We can't neglect any possibility for the declines after the hype.

Question123

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Yes it is possible for the bitcoin to reach the 15k dollars before end of 2020 and my highest prediction is 20k dollars and I think it will happen because the value of the bitcoin now is more than 12k dollars and it's only 3k dollars beforit reach to that value and maybe next month will see that ealier because the movement of the bitcoin in the past few weeks is fast.

Gotumoot

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Quote from: Avantika jaiswal on October 28, 2020, 05:03:49 AM

I think yes because of recent news of bitcoin that paypal except bitcoin...
What's your opinion

Since you are just predicting why not aim higher?
We are already at $13K so it is just 2K more before your predicted price and only 2 months more before this year ends.
In those 2 months we could experience a drop or a huge pump so it is always uncertain what could the price be before the end of each year.
But it I think it is safe to say that it would be around $11-15K before the year ends.

yayayo

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Not really confident in my analysis since I was just started trading few months ago I think if it would reach and passed the $14.5k price
it will continue to reach the $15k at the end of 2020. Still there's still 2 months left until the end of 2020 and there's a lot of things
might happen in the market.

ya.ya.yo!

palle11

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I would drop this here. From my chart analysis, I think if the month ends or closes above the yellow line there indicated or pointed by the red arrow, then we can be more certain of a bull continuation and that can lead price to $15k + but if this month closes below the described yellow line, the bear or retracing step.

Quote from: Charles-Tim on October 28, 2020, 06:11:51 AM

You only just predicted with no speculation(s), no reason(s) you predicted bitcoin price to reach $15000 before the end of the year?

But lets make an analysis of the 15k mark for this year as Op is predicting... Therefore, the reason for the possibility of a 15k, if it closes above it, we are going to be in November month and then the bull is likely to continue through the season of December because of the so many financial activities at that time, we can expect more volatility.

I may have to follow it up and post it on this thread
https://bitcointalksearch.org/topic/m.54524136

Charles-Tim

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You only just predicted with no speculation(s), no reason(s) you predicted bitcoin price to reach $15000 before the end of the year? If there is any, then included it. You must have a reason than to being fomo. Well, with what we are noticing recently, it is very possible bitcoin could hit $15000 before the end of this year, one of the reasons is the rate of adoption of bitcoin, we can see PayPal and many banks in the world now interested in providing crypto services in which bitcoin has been their first cryptocurrencies to consider. With this, very possible bitcoin price will even reach all time high in 2021.

Avantika jaiswal

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I think yes because of recent news of bitcoin that paypal except bitcoin...
What's your opinion

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