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Topic: What is the bitcoin price prediction for 2020? - page 3. (Read 1247 times)

sr. member
Activity: 882
Merit: 251
Peter Brandt said it would fall to $5500, but in my opinion this could be true, if look at history. prices usually going down before halving and next year after halving will rise again.
newbie
Activity: 28
Merit: 0
I would say that I do not see the prerequisites for a further fall, but I am not an expert. Because I’m just buying a few bitcoins, because there will be a rise anyway, and I have no where to rush to resale. What do you think was the reason for the depreciation?

There could be a variety of motivations. Those who know in advance that a move is coming could be inside traders but they wouldn’t publicly share these motivations. Only the players behind the sale understand why they decided to sell off such a large amount. Likely because they had a CME position around $8400 and there is another around $7K. So this was a profitable move for them.

I think this may be due to recent reports when a million bitcoins in dollars were sold. I did not follow the news clearly, but all the trading signals show that it is better not to postpone the purchase for a long time, because everything will return to its previous positions in the near future. Especially before the start of winter, large bids will start.

Bitcoin does what he wants, and people guess the reasons later. There is little rhyme and much less reason for this material. People were willing or forced to sell at lower prices. There were not enough buyers at prices between them, each of them had its own reasons. If you want to stay more confident in the market, then I recommend trading strategies and signals on the taklimakan platform. Professionals with different experiences share their views on the situation with trends and it is easier to find like-minded people there to discuss the next rates.

My personal opinion is that people were disappointing with the launch of Bakkt and from the low volume that the exchange had. People expected something big and we all know how this goes when they are not met. And as we saw yesterday quite a lot of selling happened through the other exchanges like Binance, Primexbt, Kraken etc… I think that this is temporarily and in the coming months we should get back on track.
newbie
Activity: 27
Merit: 0
I would say that I do not see the prerequisites for a further fall, but I am not an expert. Because I’m just buying a few bitcoins, because there will be a rise anyway, and I have no where to rush to resale. What do you think was the reason for the depreciation?

There could be a variety of motivations. Those who know in advance that a move is coming could be inside traders but they wouldn’t publicly share these motivations. Only the players behind the sale understand why they decided to sell off such a large amount. Likely because they had a CME position around $8400 and there is another around $7K. So this was a profitable move for them.

I think this may be due to recent reports when a million bitcoins in dollars were sold. I did not follow the news clearly, but all the trading signals show that it is better not to postpone the purchase for a long time, because everything will return to its previous positions in the near future. Especially before the start of winter, large bids will start.

Bitcoin does what he wants, and people guess the reasons later. There is little rhyme and much less reason for this material. People were willing or forced to sell at lower prices. There were not enough buyers at prices between them, each of them had its own reasons. If you want to stay more confident in the market, then I recommend trading strategies and signals on the taklimakan platform. Professionals with different experiences share their views on the situation with trends and it is easier to find like-minded people there to discuss the next rates.
full member
Activity: 1414
Merit: 135
★Bitvest.io★ Play Plinko or Invest!
I would say that I do not see the prerequisites for a further fall, but I am not an expert. Because I’m just buying a few bitcoins, because there will be a rise anyway, and I have no where to rush to resale. What do you think was the reason for the depreciation?

There could be a variety of motivations. Those who know in advance that a move is coming could be inside traders but they wouldn’t publicly share these motivations. Only the players behind the sale understand why they decided to sell off such a large amount. Likely because they had a CME position around $8400 and there is another around $7K. So this was a profitable move for them.


One of the common problem of the traders today is the price of the bitcoin because it came from the previous months the cost of the coin goes low and low that comes up. Today that the currencies go through over eight thousand dollars and that was not profitable anymore, many traders already pulled out their money to avoid loss of income, still many people are hoping the coin will rise for the coming year. According to the graph of the coin, it's in the rising part that the following year becomes profitable again, better if the bitcoin will rise over nine thousand dollars. There are a lot of factors how does the coin becomes profitable, one of the major investors in the market because if the people are trading and holding their coin, it affects the community of cryptocurrency because there's no any transaction recorded, like the rule of the price and demand that may apply to the cryptocurrency.
newbie
Activity: 28
Merit: 0
I would say that I do not see the prerequisites for a further fall, but I am not an expert. Because I’m just buying a few bitcoins, because there will be a rise anyway, and I have no where to rush to resale. What do you think was the reason for the depreciation?
legendary
Activity: 2884
Merit: 1117
Leading Crypto Sports Betting & Casino Platform
the difference between these "cycles" however is that the length and size of them can change as they are directly affected by adoption. so for example when there is little adoption during such cycle the price rise can be smaller (6x 2011, 28x 2012, 25x in 2013 cycles) but when it is bigger the rise is also bigger (133x in next cycle).
I can't really guarantee a x133 increase in next cycle, we only have to wait and see that but at the same time I can't stop but think that the increases have all been a very big one so I am not gonna argue that it won't happen neither, I am agnostic about the bull runs of bitcoin, they exist and they happen but I don't know at what level, maybe it will be 20k, maybe it will be 200k, who knows? That is why I honestly let it happen and just hold bitcoin as much as I can at all times in case it happens without me expecting it.

People who day trade tend to look down on people who just hold bitcoin but I think we are the smart ones, we buy at all prices and sell at high prices so we can make a profit. It takes years and a lot of waiting is involved but it at least happens.
legendary
Activity: 1946
Merit: 1137
Everyone is honestly waiting for an all time high for bitcoin in 2020 and I am not shocked, it really deserves one but maybe it could be a little later. Think about it in 2014 it went up and than in 2015 it went down and in 2016 it went up only a bit and in 2017 it made a new all time high, exactly the same thing could happen here, think about the scheduling, 1 year up, than one year down than 1 year a bit higher and one year it goes breaks all time high, its exactly what happened in 2017-2018 and now in 2019 so why wouldn't it happen in 2020 as well and make a huge increase?

I honestly hope that its a recurrent thing and if it is than we will be all getting super rich soon, all we have to wait is another year and we will see if bitcoin wil l break the record or not.

that is actually the exact thing that has been happening for 10 years, which is why people usually refer to it as cycles. price goes up slowly then faster to enter a bubble, the bubble burst and bear market lasts a while before it starts rising slowly again to repeat the same thing.

the difference between these "cycles" however is that the length and size of them can change as they are directly affected by adoption. so for example when there is little adoption during such cycle the price rise can be smaller (6x 2011, 28x 2012, 25x in 2013 cycles) but when it is bigger the rise is also bigger (133x in next cycle).
sr. member
Activity: 2268
Merit: 275
I just predict that Bitcoin will grow rapidly in 2021, this shows the right time compared to 2020 which is still a lot of news that does not use about Cryptocurrency, but I also don't see the experts preaching predicting bitcoin for next year.
legendary
Activity: 3178
Merit: 1128
Everyone is honestly waiting for an all time high for bitcoin in 2020 and I am not shocked, it really deserves one but maybe it could be a little later. Think about it in 2014 it went up and than in 2015 it went down and in 2016 it went up only a bit and in 2017 it made a new all time high, exactly the same thing could happen here, think about the scheduling, 1 year up, than one year down than 1 year a bit higher and one year it goes breaks all time high, its exactly what happened in 2017-2018 and now in 2019 so why wouldn't it happen in 2020 as well and make a huge increase?

I honestly hope that its a recurrent thing and if it is than we will be all getting super rich soon, all we have to wait is another year and we will see if bitcoin wil l break the record or not.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
after reading a few articles, I think 2020 will indeed make bitcoin reach a high price. some bitcoin price analysis specialists predict prices are quite high in 2020 to come. I remember some predictions in 2016 about bitcoin, and even I don't really believe it, however, in 2017, the price of bitcoin jumped. I'm quite sorry that I didn't have a lot of bitcoin at the time.

however, at this time, I believe that the price of bitcoin in 2020 will be very high, in fact, I am so optimistic that we will never see prices below $ 10,000 in that year. Well, this is just speculation, but I'm really optimistic about bitcoin. maybe you can read this article to upgrade your optimistic feeling

https://www.newsbtc.com/2019/09/19/bitcoin-investor-well-never-see-10k-again-after-next-cycle-low/
hero member
Activity: 2828
Merit: 611
By end of 2020, one cryptocurrency expert predicted bitcoin price of $91,000. Another one, an enormous $100,000. Each one has their own impressive predictions based on their own point of views. Though, i believe that nobody can really predict the price of Bitcoin because of its highly volatile nature. But then again, i do have high respect for these high profile individuals [pro-Bitcoiners, or Bitcoin legendary evangelists] because they do know the complexities involve in the world of cryptocurrency. Its simply up to us, if we want to believe and follow their speculations.  
No matter the level of complexities involved that they know, I don’t believe that anyone can still ever guess the price of bitcoin accurately, not in a short term and not in a long term. Bitcoin volatility is really giving lots of analyst though time to really think of getting the price right, they could only see a sign that bitcoin will have some massive growth in future, but they should not always interpret it to figure.

Those figures that they predicted, it could even go higher than that and also, the bears may make us never ever to see such amount of money as they will keep dumping their coin on every level that we attain as regards in increase in the value of bitcoin and my other cryptocurrency, but by 2020, I think I believe that there would be more adoption of bitcoin.
legendary
Activity: 2842
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
Any bitcoin price prediction for 2020

any experts price predictions??
We know that Bitcoin is the father of all crypto-currencies. Though it is not possible to say that which price will reach in 2020? But, in my prediction, the price of Bitcoin will reach 25k in 2020.  
Looking at how things are going so far, I feel like bitcoin could have a big increase soon enough, I know its not going to happen slowly anymore, I thought maybe bitcoin could increase like 1%-2% a day for a while until it reaches 20k but I can see that bitcoin is a volatile currency which increases all of a sudden and not slowly (which is what happened in 2017 as well and in 2014 too).

So from now on I will never worry about what the price is 99% of the time, I will keep my bitcoins and hold them until there is a HUGE increase in price, like 200% increase sort of thing, then I will sell and wait until it reaches less than 50% what it used to be and then maybe start buying slowly and I won't even enter that quickly because second increase will be over a year later.
full member
Activity: 1121
Merit: 100
Any bitcoin price prediction for 2020

any experts price predictions??
We know that Bitcoin is the father of all crypto-currencies. Though it is not possible to say that which price will reach in 2020? But, in my prediction, the price of Bitcoin will reach 25k in 2020.  
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
there is no other possibility for 2020 other than a big rise at this point because after the 2017 bubble we have the bubble burst and that lasted for over a year meaning most of 2018. and then in 2019 we still haven't got any actual rises. we only had the recovery from that big bottom. and now that price is back to normal levels the market should start the rally and that may start this year or the next but we can be sure that it will have a major part in 2020 hence my prediction. we may even see the new ATH at $100k in 2020.
The possibilities of a price increase during 2020 are high, however when most people are expecting an increase in the price it does not happen, just as the current recovery that we have been experiencing took many by surprise, the only thing that we can do is to be ready and to be holding as much bitcoin as we can because if there is really a bull run during 2020 then even if you are holding a small amount of bitcoin it could change your life for the better.
I agree with your nailed points but the situation is not predictable with the historical price figures on the market. The personal guess of the trader can be different and the same person can accept the counter trade on the Bitmex with high leverage if there is a nice trading setup. Who knows the next move of the market tomorrow? The answer is clear for everyone, no need to predict the price of Bitcoin in 2020.  The price predictions will become unnecessary if the new regulations become a real case in the crypto industry after the news about the crypto trading ban due to the Libra by the Germany and France.
full member
Activity: 505
Merit: 100
By end of 2020, one cryptocurrency expert predicted bitcoin price of $91,000. Another one, an enormous $100,000. Each one has their own impressive predictions based on their own point of views. Though, i believe that nobody can really predict the price of Bitcoin because of its highly volatile nature. But then again, i do have high respect for these high profile individuals [pro-Bitcoiners, or Bitcoin legendary evangelists] because they do know the complexities involve in the world of cryptocurrency. Its simply up to us, if we want to believe and follow their speculations.  


sr. member
Activity: 2618
Merit: 439
Any bitcoin price prediction for 2020

any experts price predictions??
lol there’s no such thing as experts in predicting because we all proved that this is not that reliable

But with the Halving happening in the second quarter of 2020 I expect more than enough for the prices to grow not only bitcoin but altcoins as well
Anyway let’s just focus in trusting bitcoin and let the market dictate what will happen sooner
sr. member
Activity: 2002
Merit: 314
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Any bitcoin price prediction for 2020

any experts price predictions??
Before May 2020, i think $15k should not be hard to reach.
After that date, and at the end of the week year we should see +$20k at least!
This might not be the expert prediction but I also believe that we should go up high before the halving and the rest of the year 2020 will be a bull trend. Bitcoin is down for a year now and we need to see its life rocking the whole market including stocks. I have so much respect with bitcoin, and the price next year will be $30k and up.
full member
Activity: 2128
Merit: 180
I believe that before the end of 2020 after the halving  Bitcoin will be above $20,000 with the look of things in the  market chat. The adoption of Bitcoin and crypto currency in general is now on the increase and that will continue after the halving.
That’s going to happen because many believes the halving is the key for the next bull run. My prediction on 2020 is that, there will be a new ATH and there will be a new good coin that will place on top of any altcoins. 2020 will be the year for the believers and cryptocurrency will go up.
hero member
Activity: 1680
Merit: 655
What is this high possibility based on again? On pure expectations of most people? Yeah, I'd go for that.

Seriously though, this is exactly why I still want all the market to be in a super bearish mood. Negativity needs to be stronger, all the hands need to let go and leave only the strongest, most stubborn... who are also the least vocal.

And then see the fireworks when one spark set it all off again;)

I know the feeling you get that we may have accumulated more during the past bear market but I do think we are way past overdue on this reversal we recently experienced. After the end of 2017 we have waited at least 18 months for the bear market to end and it was one of the longest times in the industry where it tested out the patience and faith of the traders in their position may it be them holding at the bottom from the start of the bear market or people who have hodled Bitcoin at a loss I think both of them are rejoicing when Bitcoin went up to the 13,000$ range. What we are experiencing now as a trader is we think that we missed an opportunity to accumulate more but really most of us didn't expect a fast movement from Bitcoin happening this soon.
legendary
Activity: 2842
Merit: 3518
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The possibilities of a price increase during 2020 are high, however when most people are expecting an increase in the price it does not happen, just as the current recovery that we have been experiencing took many by surprise, the only thing that we can do is to be ready and to be holding as much bitcoin as we can because if there is really a bull run during 2020 then even if you are holding a small amount of bitcoin it could change your life for the better.

What is this high possibility based on again? On pure expectations of most people? Yeah, I'd go for that.

Seriously though, this is exactly why I still want all the market to be in a super bearish mood. Negativity needs to be stronger, all the hands need to let go and leave only the strongest, most stubborn... who are also the least vocal.

And then see the fireworks when one spark set it all off again;)
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