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Topic: What is your opinion on the highest /lowest value of bitcoin in 2020? (Read 514 times)

sr. member
Activity: 1638
Merit: 261
I think it's not a good time to buy bitcoin if you are looking for a short term gain because I think there will be one more correction phase before the bitcoin halving hence there are greater chances of a temporary dump. I feel the correction period will be the perfect time to buy bitcoin rather than buying it now, again it's just my opinion based on my experience and knowledge.
sr. member
Activity: 854
Merit: 267
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Hey guys, what u think? Will bitcoin go up to the new record or Will go down? Its better to buy now and hold or wait?
I don't think Bitcoin halving would set a new record a new all-time high but I am pretty sure that it will make a something different today, perhaps will be some ups will happen but this is enough to make a profit after a long bear trend we've been through. Besides, I don't think Bitcoin will drop below $6000 so I guess if you are going to buy probably this is the right time then just hold till it grows and enjoy the profit.
sr. member
Activity: 756
Merit: 250
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Hey guys, what u think? Will bitcoin go up to the new record or Will go down? Its better to buy now and hold or wait?

we all know that it is very difficult to predict bitcoin which has high fluctuations. so it's better to do your own research and make decisions according to your beliefs.
in my opinion right now is the right time to buy. because I'm afraid that if we continue to wait for the price to $ 7k this doesn't happen. because in my opinion 2020 is the year for the bull and bitcoin markets which is reduced by half in May will drive up the price of bitcoin. in my opinion before half the price of bitcoin will go up.
hero member
Activity: 2562
Merit: 586
It all depends on what miners will do to each other. I don't know if you guys remember the time in 2018 November when BSV and BCH people fought each other over the BCH hard fork, well back in those days the price of bitcoin was around 6.5k and everyone was expecting it to go even higher, what happened?

Well, price went down to 3.2k or so after so many bitcoins being cashed out which resulted with miners losing money because they weren't making any profit but price still went under since some miners didn't mind waiting to sell since they were super rich, yet others couldn't wait and closed down their machines and that dropped the difficulty a lot which meant the rich ones kept on working but started to profit even with 3.5k prices. If something similar happens we are screwed, if it doesn't happen we will do fine.
hero member
Activity: 2982
Merit: 610
The lowest so far was around $7,000, so I hope we will not go lower from that price by this year.
With a great start of the year where btc pump to $9K, this signals that it's not impossible to see a bull run this year.

The halving hype was already felt, btc falls after the pump but still steady and strong at $8K, so maybe the highest is $25,000 if we surpass the ATH.
full member
Activity: 966
Merit: 153
I think we already had a low for this year around $7500.  I expect to high to be at least $25,000 by the end of the year because of the halving.
I think $25k at the ending of this is an over estimation, let's just say that 2020 ending we may see price between $10k-$15k.
Just like what many is hoping for, this price increase can be as a result of the Bitcoin halving. Though, I still feel there won't be much effect. If price ever increases as a result of the halving in May, it will decrease again as many people will want to sell for the gain.
legendary
Activity: 2730
Merit: 1288
What is your opinion on the highest /lowest value of bitcoin in 2020?

I think price of Bitcoin should be between $5000 and $15000. I dont expect financial crysis this year. If I would expect it then lowest price would be way lower.
legendary
Activity: 3318
Merit: 1133
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Questions like this is really difficult to answer.
Will you really believe it or follow it?  Wink

Chances are it will get higher. By using events about bitcoin which is the halving you could make your own prediction.
The most answer will be yes it might really go higher.
Because of that it will get expensive. Can you still afford the price when it soars? It will be a challenge at that time.
You will always think that you are risking more since you already seen how far it could also go down.
sr. member
Activity: 2506
Merit: 368
I think we already had a low for this year around $7500.  I expect to high to be at least $25,000 by the end of the year because of the halving.


This is actually no accurate timeline to expect, and as far as high and low price fluctuations is our main concern here I'd rather expect lesser than $25k this year. End of the year halving was too far to wait, and I do hope as it coincides with other people's predictions that early months of this year halving starts to create a bigger impact on the market demand which helps the price increase positively.
Too much expectations of the Bitcoin halving this year might hurt their feelings if what they expect won't happen right away. I would expect another breaking of the $14k to $16k this year since last year Bitcoin is having a hard time to break those price. Luckily, we didn't see a $3.5k bottom this year again so maybe the bottom will be around at $5k to $6k.
sr. member
Activity: 951
Merit: 250
I think we already had a low for this year around $7500.  I expect to high to be at least $25,000 by the end of the year because of the halving.


This is actually no accurate timeline to expect, and as far as high and low price fluctuations is our main concern here I'd rather expect lesser than $25k this year. End of the year halving was too far to wait, and I do hope as it coincides with other people's predictions that early months of this year halving starts to create a bigger impact on the market demand which helps the price increase positively.
sr. member
Activity: 378
Merit: 250
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I think we already had a low for this year around $7500.  I expect to high to be at least $25,000 by the end of the year because of the halving.
sr. member
Activity: 1834
Merit: 261
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Hey guys, what u think? Will bitcoin go up to the new record or Will go down? Its better to buy now and hold or wait?
Are you sure you ask for the opinions of people here, while we know that every risk is always in the trade, if I were you maybe I would hold it in the long run or sell it waiting for it to fall below $ 8,000, but no one knows the price of bitcoin next week who knows that's the price dropped only a bear trap
hero member
Activity: 1106
Merit: 506
in my opinion in 2020 bitcoin will not reach a new record or ATH. because bitcoin will need time to reach new records. in my opinion the value that bitcoin might achieve in 2020 is $ 15,000. and in my opinion right now is the right time to buy. because the price of bitcoin is quite low at $ 8,300 I don't delay buying because I'm afraid if bitcoin has gone up and entered the bull market it will be difficult to go down to the price level of $ 8,000.
hero member
Activity: 1624
Merit: 500
We will stay below 20k this year but a rally around the date of the halving could take us very close to that level. Above 10k for sure.
As for lows I don't expect anything lower than 6k. Probably the lows we already had this year were the last opportunity to buy cheap Bitcoin. Time works in our favor.
If we don't go to new lows in 2-3 months we will never revisit 5-6 k levels again.
In essence, we are above $ 10k, and under $ 20k, that's a pretty good prediction, and many speculate like that. however, the price of bitcoin can exceed the price of $ 20k in 2021. However, the lowest price of bitcoin this year is $ 7k, and the highest price has not been confirmed, but it could be in the range of $ 16k to $ 19k.
sr. member
Activity: 1708
Merit: 295
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If you want to invest in bitcoin right now, it's best to wait a bit longer. The current market is collapsing and bitcoin price is going down, current price has dropped to $ 8200 and next week I think it will go below $ 7500. And that's the right price for you to invest and wait until halving, I'm not sure bitcoin will surpass ATH but it will certainly be trading above $ 10000 when halving bitcoin happens.
legendary
Activity: 2478
Merit: 1360
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We will stay below 20k this year but a rally around the date of the halving could take us very close to that level. Above 10k for sure.
As for lows I don't expect anything lower than 6k. Probably the lows we already had this year were the last opportunity to buy cheap Bitcoin. Time works in our favor.
If we don't go to new lows in 2-3 months we will never revisit 5-6 k levels again.
legendary
Activity: 3654
Merit: 1165
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Highest I can see it going right now is around 15k, maybe not exactly 15k but around it, like between 14-16k for example. Lowest I can see it going is once again under 6k which hasn't been that low since last April but that is still an option if you ask me. I know that is big margin, lowest of 4-5k to highest 16k is HUGE difference but at the same time that is what bitcoin is.

We have lived through a whole year where we started at 20k and ended in 3k, from December 2017 to December 2018 we have seen the price go from 20k to 3k, so the margin of 5k to 15k doesn't sound all that impossible to me and could both happen. If we are speaking in technical terms, there is no stopping on any direction, it could be 1 dollars or 1 million dollars and technically nothing can stop it, but who here believes it could be any of that? That is just too absurd to me.
sr. member
Activity: 575
Merit: 268
Changing the game
Hey guys, what u think? Will bitcoin go up to the new record or Will go down? Its better to buy now and hold or wait?

And if you don't have a BTC, it's OK to buy a little, if in large quantities I think it's too risky for your funds.
maybe in January in my opinion is the determination for bitcoin, to this day BTC still stands at 8600-8700 $, if btc is able to pass this month at 8500 for its lowest value then in the following month BTC will be able to exceed 9K or 10K $. I think the impact of the Chinese New Year is huge, but stay alert, don't be too enthusiastic because anything can happen, the possibility of BTC returning to prices like in December was very potential.
hero member
Activity: 1008
Merit: 531
Hey guys, what u think? Will bitcoin go up to the new record or Will go down? Its better to buy now and hold or wait?

I'd say definitely start accumulating now. Especially under this recent dip it's very difficult to see prices going much further than this during a generally very bullish environment. Sooner or later, the recovery is going to start as people prepare for the halving.

I wouldn't give a concrete figure to the min/max values, though, because I think that's utterly unpredictable.

Cracking the all time high is probably not going to happen this year, but could occur after the halving.
legendary
Activity: 3472
Merit: 10611
considering the fact that $6k was the bottom before the FUD broke out at the beginning of 2019 and it has been very strong. also considering the fact that currently it is also the strongest buy support that we can see closest to the current price, i'd say the lowest price that bitcoin can ever get is somewhere between $6k and $7k and possibly higher than $7k.

but the highest price is not possible to predict. we have halving and a whole lot of hype. not to mention that we are getting out of the reverse bubble (under-price state) and have been starting the bull run for nearly a year. we could easily see the ATH be broken and price to reach a new one too. somewhere near $50k this year is a good estimation in my opinion.
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