From current perspective it's seems very hard for Bitcoin price to reach $15k by the end of the year. Not impossibe of course but to my opinion not very likely.
We see how Bitcoin price struggles with 10000$ barrier and even if it crosses it, it can't stay there for a longer period or grow further.
There is still plenty of time until the end of the year but due to all circumstances it's hard to tell how Bitcoin price is going to behave.
Topic: Will bitcoin hit 15K in 2020? (Read 2108 times)
Last year wasn't really that far away, it is only 400 days ago or so when we were almost $14k, which means if we managed to do it once why not do it again? Moreover, back in last year we did it from $3k to $14k, that is a huge gain, this year we will only need to do $10k to $15k and that is a lot easier.
I personally think that the simplest way to make sure bitcoin goes up is to have buy orders ready in case price drops, if you do not allow bitcoin to drop, people who want it to drop will try their chances but will fail and when it doesn't go down people will take that as a signal and will start to buy since if something can't go down the only direction is up. I feel like $15k is quite easy to achieve, we need patience and hopefully these short future investors do not get in our way neither.
I personally think that the simplest way to make sure bitcoin goes up is to have buy orders ready in case price drops, if you do not allow bitcoin to drop, people who want it to drop will try their chances but will fail and when it doesn't go down people will take that as a signal and will start to buy since if something can't go down the only direction is up. I feel like $15k is quite easy to achieve, we need patience and hopefully these short future investors do not get in our way neither.
I believe that it could hit $15K this year I think the question that we should ask is if it would stay above it or drop down after it hit it.
The BTC could reach those price but staying there is the problem just like when it reach $20K,
The price just stay there for a short time then goes down steadily.
There will be a lot of people who will loose money in this process. Everytime when there is a major pump of bitcoin people tend to go all in like crazy, last time also when the price went upto $20k a lot of people invested at the ATH and price took a reverse shift from that point. So people should always use their brains while investing their money, shouldn't follow the heard and start investing in anything that is hot right now. The BTC could reach those price but staying there is the problem just like when it reach $20K,
The price just stay there for a short time then goes down steadily.
So I think this time also the same will happen with bitcoin, there will be a huge sharp spike in bitcoin price where everyone will be buying coins so as to not get behind the next big wave, and then there won't be any new buyers left so the price will fall dramatically just like last time.
The interesting thing for me about this latest mini-rally is that it was alts that started it.
ETH and particularly XRP rose significantly, before Bitcoin eventually started to rise too, whereupon BTC sucked money from alts, which as a consequence have now slowed their rises significantly as BTC pulls money from the rest of the market.
The fact that alts started the rise suggests to me that market confidence is increasing and alts are underpriced right now.
yes it was like half year ago but are there any proves? ETH and particularly XRP rose significantly, before Bitcoin eventually started to rise too, whereupon BTC sucked money from alts, which as a consequence have now slowed their rises significantly as BTC pulls money from the rest of the market.
The fact that alts started the rise suggests to me that market confidence is increasing and alts are underpriced right now.
I am very curious to see that the price will go up by the end of the year. I can see all possiblities and not just a chance for it to reach 15k, there are few reasons mainly due to it's volatility and there might be a demand before Halving as well so this will create some serious requirement to the investors and yes!!!!
I believe the price of 15k is not a big deal according to the current market.
I believe the price of 15k is not a big deal according to the current market.
Personally, I think that in 2020 Bitcon may really grow to $15k, but it will happen somewhere in the fall or somewhere at the end of the year, it's not going to happen now.
Maybe because Bitcoin is obviously declining right? We're now at the $7,000 level and it would be a very panicking moment for the weak hands if Bitcoin will touch the $6,000 or worst $5,000 level again. Specially when we are talking about the block halving that is about to happen on May. Not gonna be surprised if the price keeps on declining, since the weak hands are starting to get worried by now. There will be another "big regret" post that's about to happen on 2021 for sure lol.
That should not worry us because the question here is if bitcoin will hit $15k in 2020, and we are still in the first quarter, sure more opportunity to come to achieve that price this year. Bitcoin does not follow a stable movement, it could dump now, even $3,000 but that does not mean it will stay there, if it can dump low, it could also pump really high even beyond our expectation, that's how unpredictable bitcoin is.
I think it was only in the first quarter so there is no need to worry about the current downturn so there must be a best session where prices will return to normal as long as we hold it strong.
The panic will make us lose because it is inconsistent in holding bitcoin for a long time, survive, maybe this is enough to buy at a low price.
Personally, I think that in 2020 Bitcon may really grow to $15k, but it will happen somewhere in the fall or somewhere at the end of the year, it's not going to happen now.
Maybe because Bitcoin is obviously declining right? We're now at the $7,000 level and it would be a very panicking moment for the weak hands if Bitcoin will touch the $6,000 or worst $5,000 level again. Specially when we are talking about the block halving that is about to happen on May. Not gonna be surprised if the price keeps on declining, since the weak hands are starting to get worried by now. There will be another "big regret" post that's about to happen on 2021 for sure lol.
That should not worry us because the question here is if bitcoin will hit $15k in 2020, and we are still in the first quarter, sure more opportunity to come to achieve that price this year. Bitcoin does not follow a stable movement, it could dump now, even $3,000 but that does not mean it will stay there, if it can dump low, it could also pump really high even beyond our expectation, that's how unpredictable bitcoin is.
Personally, I think that in 2020 Bitcon may really grow to $15k, but it will happen somewhere in the fall or somewhere at the end of the year, it's not going to happen now.
Maybe because Bitcoin is obviously declining right? We're now at the $7,000 level and it would be a very panicking moment for the weak hands if Bitcoin will touch the $6,000 or worst $5,000 level again. Specially when we are talking about the block halving that is about to happen on May. Not gonna be surprised if the price keeps on declining, since the weak hands are starting to get worried by now. There will be another "big regret" post that's about to happen on 2021 for sure lol.
For now it seems we are testing another accumulation zone and I'm curious what volume will Bitcoin have in the next days and after we can make another prediction to see if Bitcoin can touch 15k$ this year. But look at the bright side, Bitcoin can be 50k$ by 2022 or even more so why think to sell this year when you can hold a little longer.
There has been a lot of news this week about cryptocurrency and that is in India and Korea so it really is true that the crypto market will happen this year, hopefully.
Bitcoin in the movement of graphics is indeed strong will return to $ 15,000 I might expect after halving will happen soon and this will make altcoin will soon follow.
Is your portfolio already full of altcoin of your choice? I think it's right from now to start.
Bitcoin in the movement of graphics is indeed strong will return to $ 15,000 I might expect after halving will happen soon and this will make altcoin will soon follow.
Is your portfolio already full of altcoin of your choice? I think it's right from now to start.
Personally, I also believe that we could might have seen a $15k worth of Bitcoin after halving however, still we cannot remove the fact that market is still unpredictable. What I am sure is that $15k is soon can be attain, no one know when we will saw it in this state, probably this 2020 or next couple of years.
I also believe that it will reach $15 this year, it's still long way to go for 2020 and a lot of events will happen. Maybe it will break it who knows. A lot of us don't know that 2017 bull run will happen all in sudden. If bitcoin does not reach at this state maybe $13k would. We have a lot of break news today about cryptocurrency if this will continue soon bitcoin will skyrocket to the moon again. 
I believe that it could hit $15K this year I think the question that we should ask is if it would stay above it or drop down after it hit it.
The BTC could reach those price but staying there is the problem just like when it reach $20K,
The price just stay there for a short time then goes down steadily.
if the price of bitcoin could reach $ 15k this year, I'm pretty sure the price could definitely be higher. however, I don't know whether it will be stable or not. so far, the price of bitcoin is trying to go back up to $ 10k. after that, I don't think it will be difficult to go up to the price of $ 15k, especially if it is supported by halving. The BTC could reach those price but staying there is the problem just like when it reach $20K,
The price just stay there for a short time then goes down steadily.
The way thing is looking now, we might likely get back to 15k price action but I am not expecting all-time high this year eventhough most predictions are pointing out to this direction because of the halving. All-time high always come after the halving and that is why my focus is on the year 2021 for all-time high in the price of Bitcoin
Still, as the market has finally recovered (I believe), it’s now time to see where things could be heading up to the end of the year.
According to the prediction of bitmex in this year 2020
( https://www.newsbtc.com/2019/12/24/bitmex-research-predicts-bitcoin-trading-between-2k-and-15k-in-2020/ ) "trade no lower than $2,000 but not higher than $15,000 " there is a chance to hit $15K and worst down to $2K. But let us don't forget it is still a prediction up to now. It can only be guide. It may happen, or not. The best thing to do is continue to save so that if ever it really hits the peak of $15K, you will gain big profit.
Still, as the market has finally recovered (I believe), it’s now time to see where things could be heading up to the end of the year.
No one can guess what will happen in the future in life, the internet or the real world, the same thing will happen to Bitcoin prices going forward, can go up to 15,000 $ or 20,000 $ which is clear when linked with predictions there are two choices 'right and wrong'.How do you believe for this year, that is true for yourself if you invest in Bitcoin, if what people predict is true, everything, You have to make sure millions of people are looking for money and Buy Bitcoin today, cheaply and waiting for the price of $ 15,000 in a few months, to sell.
Bottom line: with your belief how, if you believe the price of Bitcoin rises to the level of $ 15,000 that's what you believe and it's the best.
Personally, I think that in 2020 Bitcon may really grow to $15k, but it will happen somewhere in the fall or somewhere at the end of the year, it's not going to happen now.
@thirdlight I feel that bitcoin prices may rally up to $12k very soon due to the upcoming halving event, and secondly due to the fact that Indians can now buy bitcoins and use it as a legal tender. Furthermore I also believe that bitcoin prices can cross $20k levels this year, as we’re seeing lots of positive news in it’s favour. Also it’s pertinent to note that public sentiment seems to be high in the crypto market after a long time, and this too could be another factor in the upcoming bull rally what do you’ll think of this factor?.
Sources:
https://news.bitcoin.com/bitcoin-legal-india-supreme-court-verdict-cryptocurrency/
https://hackernoon.com/will-bitcoin-skyrocket-after-the-2020-halving-like-in-2016-b61c6568debb
Personally, I think that in 2020 Bitcon may really grow to $15k, but it will happen somewhere in the fall or somewhere at the end of the year, it's not going to happen now.
Still, as the market has finally recovered (I believe), it’s now time to see where things could be heading up to the end of the year.
Personally, I also believe that we could might have seen a $15k worth of Bitcoin after halving however, still we cannot remove the fact that market is still unpredictable. What I am sure is that $15k is soon can be attain, no one know when we will saw it in this state, probably this 2020 or next couple of years. I believe that it could hit $15K this year I think the question that we should ask is if it would stay above it or drop down after it hit it.
The BTC could reach those price but staying there is the problem just like when it reach $20K,
The price just stay there for a short time then goes down steadily.
The BTC could reach those price but staying there is the problem just like when it reach $20K,
The price just stay there for a short time then goes down steadily.
As time passed by, I'm not sure if we're going to hit that figure this year. What I have observed, the market is struggling to stay on a certain figure (5 digit to be specific) everytime it breaks the resistance level. All because of the quick sellers and short traders who sells immediately when opportunity arise.
Nevertheless, we should be seeing another Bitcoin ATH, but not sure when.
I believe that it could hit $15K this year I think the question that we should ask is if it would stay above it or drop down after it hit it.
The BTC could reach those price but staying there is the problem just like when it reach $20K,
The price just stay there for a short time then goes down steadily.
The BTC could reach those price but staying there is the problem just like when it reach $20K,
The price just stay there for a short time then goes down steadily.
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