Bitcoin Forum

We're less than a week into January not much has happened so far. In 2019, we saw the total market capitalization reach over $300 billion with volumes as high as $100B.

https://i.postimg.cc/v8K7d9qs/IMG-20200104-213723.jpg

Contrary to popular opinions for 2020, Bitcoin would reach a new all time high. Thanks to an increased in hashrate, an the block halving that's coming soon. That aside, what do you guys think would be the overall market trend for 2020. Are we going to trend up, down or sideways and why?


Will love your hear your insightful feedbacks and contributions ✍️

Honestly it is hard to give prediction and have a false hope. All we know that price of crypto are move quickly. But most of us are hoping for bitcoin halving. And I think it has a big possibility that it will happen on this first quarter of the year and all of us are hoping. Over all I think this year is good year for all of crypto because most of people are already adopting the crypto industry.

What I am just worried about is if we dumped below $6,000. Because for sure, if we dumped below $6,000, there's a huge possibility that we will fall again below $4,000 and we will see again the bottom around $3,000.
But I am POSITIVE person, so I am not hoping for that.
The hash rate things, block halvings things are totally key players for 2020 on the Bitcoin for sure, and could also lead for new all-time-high.

But do you think fellas, it is healthy for the Bitcoin to pump up to new all-time high before the block halving happens?

Ramp up to $ 16k in April and then a drop to $ 12k after the halving. After that a continuous uptrend with a possible new ATH at the end of 2020. But I only give it a chance fo 33%. I expect the ATH to occur in late 2021, at least I will offload my portions to the market at that time point.

I am actually assuming that the popular notion of the people for Bitcoin in the year 2020 is that it can really be going higher and higher and even touch beyond what was achieved in 2018. The coming halving can be an influential event and because we are assuming that it can lead to more gains then there is that possibility of higher demand for Bitcoin though many are saying that the full pulling up effect of the halving can be felt a year after or in 2021.

The question is this: Will history be repeating itself or due to new and different factors Bitcoin this time can be creating a new pathway away from the usual ones in the past? Well, that can be something that is so exciting to find out, will we be happily smiling die to Bitcoin or will we be severely disappointed?

I don't have a prediction based on real facts, it's a simple prediction, because I didn't plan for 2020 yet

This year everyone is expecting all time high, but I'm not so optimistic, I'll be happy with 10k USD for some time, I'm looking for all time low

At the moment the price of bitcoin is almost reaching $ 7500, it means that it will be close to predictions to immediately reach $ 10,000 but even though the movement is slow but I am optimistic that this will soon be reached to a better level, let others predict high prices but I hope in January or February Bitcoin soon reaches $ 10,000 because that is my target in predictions.

For what I have seen that is the popular opinion, almost everyone seems to be expecting a huge bull run during this year especially after the halving, there are a few others like myself that are expecting the bull market not during this year but in 2021.

My reasoning is simple, the recovery that we saw last year exhausted the reserves of those that have been watching this market and they have no more money to invest and I do not see many new investors coming to this market until we get very close to the ATH.

I don't make a prediction right now, but I only watch the market moves, and if I think that the price will be a dump, I will make sure that I can buy bitcoin at a low price. But I hope that bitcoin price is not getting dump too deep because if that happens, some people will panic because they buy bitcoin at a price now. They will cut loss the bitcoin that they purchased before, and they will place the order buy at a low price.

When we check the price now, the possibility for the price to increase still wide open although the price is now getting a push to the low price.

Contrary to Popular Opinion? Where'd you get that? I'm actually pretty sure that the popular opinion right now is BTC achieving another ATH all because of the halving of May 2020. If we base it on that idea, and compare it to past halvings, A movement of downward to sideways would most possibly occur this year till December. Only after the year has passed would the market move upward towards a new ATH which is just like how the past halvings gave Bitcoin another ATH every halving.

Can't predict much as it's too early because we have seen so many speculations fading away with the time so I would rather wait for next couple of weeks analyzing the market trend before making any decision but in general I think the market will see good days ahead as this year cannot be a normal year owing to the events lined up which will shape the future of bitcoin and crypto in general.

Well, it is just the start of the year. Nothing happening is quite expected tbh. To be fair, Nothing happening is actually a lot more acceptable and a lot better in contrast to something happening. Nothing happening means the market is quite stable and well regulated. As for the notion of BTC not reaching another ATH in 2020, Isn't it actually the opposite? I mean, the halving is in May 2020 and a lot are expecting quite some changes from it, and reaching another ATH is one of them.

The recovery was already there and then. The market was well rested already starting from the start of 2019, and the entire year of it was actually reserved for the development of Bitcoin, which indeed happened, looking at how we started with 3k and ended the year with twice the price. We can already say that the market has recovered plenty well, and is ready to tackle again huge developments for the future.

There is one good thing about this.
Since they are all expecting history to repeat itself. (2017)
It never went up so fast and same thing when it goes down.

I very much like this kind of movement. There is still profit when you are trading as long as you do it right.
Also, there is not much panic that happens, specially here in this forum.

I will not predict ahead of time because the current market price looks good, even bitcoin has also reached the price of $ 7500 so this is still not certain whether it will continue to improve or vice versa so I will see in the movement next month how the market reaction at that time if it was already point in either or opposite direction.
Let people speculate about prices from now but we better think positive and wait for the right time.

Stable in the early year, I am sure. There could be a price changes up and down but not much different from the current position. Then, when the halving is completed, the price could slightly goes up (positive trends) and we would see the price at the end of this year higher than today, like probably $10.000 USD.

2020 should be compared with 2016 and not 2017. So, watch closely the chart and expect the history to happen.

Although I have high hope but it's to early to tell, I would like to take it one step at a time, but hoping that we can have another all time high, it's been a long time that price was stuck in the $7000 level and if reach the $8000 level that will be a good sign, the price has been struggling for several months now, I'm bullish that we will trend up.

It is indeed very early to say that, it’s just few days that past 2020 and though we see a little increase now we can’t really say it is going to increase continuously. I know we will be having another all time high but we can’t really say it is this year exactly because the price can be affected by some other factors.
Let just wait and see after halving I just hope it’ll be a good price for everyone.

No significant increase occurred because it is currently in the sideways range of $ 6500- $ 8000.
All are waiting for prices to break resistance levels or support levels to wait for the moment.
Price increases always occur after halving, not before halving. But not an increase in an instant but slowly as in previous years.

In a market where you can go both long and short, you can make money in either direction. People here however only know buy and hopefully sell higher. If you just follow the trend, you would have done well being short. Most important aspect is patience when the price is going down, because the pain isn't going away instantly, but drags on for a long period of time.

This forum isn't really a good representation of the sentiment. People here are just as volatile as the price itself is. Price down means hell breaks loose, where price up means $100,000 before the end of the year baby!!

@nelson4lov while I’m no analyst and I only rely on my personal gut feeling for my thought process, and it tells me that we’re going to see lots of upwards movements in bitcoin prices this year along with a record growth in adoption rate too. One of the key reasons for my gut feeling is the halving event which has been repeated so many times by me here, but I’ll yet repeat it again and inform you that bitcoin prices shall touch up to 15k before that event begins. Further check this Forbes article where it says that Nexo co-founder Antoni Trenchev thinks bitcoin prices can reach $50k though I doubt bitcoin prices can take such a big leap but he has done interesting analysis and you may want to have a look at it.

https://www.forbes.com/sites/ktorpey/2020/01/03/why-the-bitcoin-price-could-hit-50000-in-2020/#299739242f37

https://hackernoon.com/will-bitcoin-skyrocket-after-the-2020-halving-like-in-2016-b61c6568debb

So we are still waiting for the right level if the support is still not reliable then this will continue until approaching halving.
I know this is a fairly stable condition but it is likely to rise from my estimation because currently growth continues to exist so that the market will recover.
Halving will be a few more months for me this is enough to keep going up from the start.

Halving still few months later and have chance for bitcoin raise back to higher price, before halving coming you have ready for investing with bitcoin and altcoin before late for disappointed your investment chance with bitcoin and altcoin, you will get much profit later after bitcoin halving coming and you can earn much money.

Well we have our own insights for 2020 and only time will tell which predictions will eventually happen. It could go either way. I personally wouldn't mind if we go sideways the whole year. Though i think there will be significant up points and down points at certain times. Overall, i will consider it a good year if we're able to sustain this kind of movement.

I guess popular opinions are pretty much in align to what you said. People are accepting the price to touch ATH this year because of the scheduled halving as because of the nature of supply and demand and reducing supply should lead to price increase. But this is not exactly how crypto works. This could be the inflated price as well and demand might not really grow in proportion to the supply increase/decrease. But yeah speculation could make Bitcoin land up in ATH.

I am still waiting for a surprise at the beginning of this year. The expectation of the analysis is to go up in the next few weeks slowly, when halving 2020 this is meant to mean a momentary correction, do not think prices will drop drastically because that is only a small correction that is what is meant

I don't think it's possible for the price of bitcoin to continuously go up without going down and correction, so that's how it plays, basically after halving bitcoin will get ATH in the following year

yes you are right everyone has their own opinion about the price in this year, but the thing which is same inside all is that the price will go up in the year of 2020, everybody hope for the best, but here again you are right that time will decide everything in this year, but i am really hopeful for the coming halving.

This year number of trending updates are available in the crypto platform. But we can't said when it is move on positive and negative so we can adopt the any situation. I hope this year rapid hype will occur on Bitcoin and anytime it will move to backward. Once it will leagalized in top 10 countries it will raise rapidly in entire world.

My prediction in 2020, full year will be bull trend. I don't have any other reason beside of halving. Actually i really hope halving in this year can bring bitcoin to be better than now. Although not reach new ATH, but if almost reach last ATH already good for me.

i think halving wilk start this year 2020 . and the halving is a strategie for making prices at high level always ; lets hope that 2020 will be good for prices bitcoin to reach another high level and prices in history of bitcoin . prices now very cheap for buying bitcoin before bull run and bullish trend

Everyone talks about how the new high hashrate would equal to bitcoin price going up. Lets take a look at that logic, the more hashrate means there are more machines working and potentially maybe even mean more miner individuals as well, the higher that goes the higher cost goes, the moment halving happens there will be less mined but the hashrate still goes up, so that means price has to go up in order to cover that expense.

Now, let's tackle why it doesn't have to happen (it still might, but just how it may not as well); reality is there could be whales who will sell and stop the miners from increasing the price, there could be miners who keep on selling all they have saved to make other miners lose money and drop the hashrate, there could be news that somewhere important bans bitcoin, there could be a million reason why instead of miners not selling low and waiting, some other group may end up selling and cover that difference.

Not too fast. This year? Bull year? Even if you say there's a halving coming in May that is not enough to think that the entire year will be very bullish. I expect a little stable price within this year that would somehow reaching the five-digits price. But i think that's just too much to think this market will be very bullish.

That's right. We ain't got any assurance that this year is only be a bullish or still at bear season. We all can forget that volatility remains too hot, in fact, we all had always suffered huge changes just because of this.

The current hash rate is implying something that we could expect for market surge but not actually is the only thing that could push through to its peak.
But above all, this is great and this it means a lot for investors and traders.

Honestly it is only prediction/speculation. If it is true maybe i will really grateful. If not maybe we should need more time for bitcoin pump. But maybe i will keep hold my bitcoin and like what Hamphser said, if price stable in this year is already good too for me.

I'm hearing a lot of positive predictions this 2020, because of the upcoming 2020 events.

I'm no technical analyst or claim to be experts, so I will based everything on what I hear (although I filter a lot from those so called experts), so I will say that five digit is doable and we might see the price climb back to $14k-$15k this year, conservative estimates on my part.

I think the overall trend will be upwards, and more so than last year. 2019 the price doubled, I think 2020 will see something between doubling and tripling.

Think its likely we'll see a new market cycle high this Spring (so anything above $13.9k), and wouldn't be surprised to see a dump after the halving because people seems to think the halving itself will cause some immediate effect, and I guarantee when the halving passes as a non-event in the market there will be loads of articles written how the halving fizzled out, even though it is the year after the halving that in the past has has the huge exponential bull runs. So perhaps doubling from now into the Springtime, a dumb after the halving, and second half of year an overall upwards trend that perhaps reaches a new ATH at some point in the Fall, or at very least goes to high teens.

Well, it hasn't been one week since the new year, so it's only natural that nothing has happened. however, the price is starting to recover quite well. in fact, the price of bitcoin has crossed the wall of $ 7500 and slowly towards the price of $ 8,000. if the increase is like this continuously, the very large chance of bitcoin reaching the price of $ 8000. in fact, the price of ethereum has reached $ 140 right now. this is a pretty interesting development.

Trend for 2020 maybe bitcoin halving because many investor have waiting for this moment last one year during hope bitcoin back to higher price again, without bitcoin halving on this years many people don't care about how bitcoin price at the future will growing up or not. Will have positive side from bitcoin halving can make crypto world back again to higher price or not.

It is difficult to predict bitcoin at this time because the movements of bitcoin are like being manipulated and cannot be predicted, but this is only the beginning of the year and the beginning of the month that hasn't ended yet.
but I am optimistic about everyone's predictions and experts' predictions that by 2020 bitcoin will tend to increase gradually to reach the highest price, and we will see in the next few months whether there are significant changes to bitcoin and according to what we expect.

Every January since BTC started its value has dropped, perhaps due to China  holidays.  Then it always rises dramatically.  Do not follow the herd and sell at a loss - those who become most wealthy always hodl.  This is the key.  I did it so I know this is a fact.

I think positively that bicoin will experience an upward trend because this year bitcoin will decrease by half and if we look at the bitcoin charts in the past bitcoin has always experienced an increase after bitcoin has been reduced by half. and we've been in the bear market for two years so I think 2020 is the year for the bull market. I predict the price of bitcoin at the end of this year will reach $ 15k.

It does take a while before the price could actually take off, everyone considers halving as something that will increase the price of bitcoin but between July 2016 when the last halving happened to April of 2017 (10 months) nothing changed, price moved from 700's to 900's or so, that was the all increase there could be.

After that there was a bitcoin cash deal where if you hold bitcoin you would get free bitcoin cash as well which increased the price of bitcoin a lot and people assumed it might be due to halving maybe, after that there was the 2017 December peak of 20k. So, it took over a year to increase and over 1.5 years to increase to all time high. That is why I think 2021 will be more fun than 2020 if the similar stuff happens again.

The trend in 2020 is perhaps the most impressive or the most awaited by investors is (halving) because this is a way to raise the price of crypto in the market and many also believe that after halving will have a positive impact on the crypto market later, certainly in the trend this year there are many big projects that will shake the world of crypto because they will collaborate well this year.

Action is sideways so far and I will guess will continue in sum total until I find any trend found, established, confirmed and continued over time.   All we have some price changes which very often revert back to form and the ongoing action says sideways not especially large movements.   I have to guess based on what is occurring for a while now, but also I'll hope to see a change in patterns because its obvious to all.

https://i.imgur.com/RtzPMSe.png

Weekly bars, trying to guess is this a positive scenario playing out.   It seems to me its a challenged situation ongoing, I do expect sellers and also buyers to swing this either way at various times.

Crypto users' optimism about market price movements this year, of course many predict that there will be a big change that will occur, of course it will have a positive impact after bitcoin can reduce by half. but this is only speculation and it is uncertain whether it will really happen in the future

When bitcoin up always become trend for trading but exactly best time for trading is when bitcoin with lower price, when bitcoin have higher price become most profitable way for selling bitcoin and take enjoy with profit, many people make fault by investing and trading whit bitcoin after price raising up but looks disappointed when bitcoin have been down and try for selling their assets.

You have a point there, people were investing during the fork as everyone expecting to hold two coins and have a valuation and then the halving occurred and everything was at the right time and then the rally we had in 2017 does not have anything to do with the fork and that will be the case this time too and the market will rally by 2021 if we go by the past rallies and their timings.

In terms of trading volume we can see over $100 billion daily if bitcoin is bullish as people would start trading again.
Just today, trading volume is almost $100 billion already since bitcoin is pumping and it's not a big deal for me really, what's the big deal if when the total marketcap will increase as that involves the price of altcoins as well.

Seeing the total marketcap to rise $500 billion this year would already be a great achievement which I know it could happen as the halving hype is here and if it will reach to trillion, it should be nice to see for the market, we will be all over the news then.

people are currently waiting for halving and seeing this situation I truly believe that the price of bitcoin will go up very high. however, the current situation is an example of why bitcoin prices will be very high in the future. the increase has been more than $ 1000 in less than 1 week. however, the halving trend will trigger an increase in the price of bitcoin.

There is now a good sign after the major breakout. The ma 100 already strikes down. If the MA 100 become a support then the bullish trend will start. I hope that all short day and long day moving avarages become support in order to establish a uptrend. The consolidation and correction is now finished, it is now the time for us to see the continually increase of price of the bitcoin.

The year started great, looking at bitcoin that is obvious but if you look at ethereum for example, the price in bitcoin terms dropped but in the last 7 days the dollar value of it went up from 130 dollars to 145 dollars which is awesome, same with litecoin that went from 42 dollars to 48 dollars, eos went from 2.6 to 2.9 dollar levels, bnb went from 13 to 16 dollar levels, most shocking monero started with 45 dollars to move 59 dollars, cardano specially started with 0,033 to 0,038.

So, basically if you don't look at bitcoin levels and focus on the fiat levels in 2020 there has been an increase in almost all coins in the past week, at least all the ones that people care about. If this trend continues until halving we may have that December 2017 peak time once again in all of crypto.

They can rise as much as they want, as long bitcoin increases its crypto market share. :P

Overall trend for 2020 will be up. Bitcoin had a downward trend for second half of 2019 after an overabundance of buying after breaking out of the bottom of the 2018 bear market in the Spring. Early 2020 should be the end of that downward trend and see the price go back over $10k.  It'll bounce around a lot but the second half of the year will probably be mid to high teens. I'd expect the price to get close to $20k by end of the year as momentum continues to rise going into 2021 likely being another boom year in the mold of 2011, 2013, and 2017.

Sideways may happen as usual but looking at how we start this year with the increase hash rates and a few pumps, it eventually ignites people to think that we gonna fly high this year. It (maybe) the most awaited moment for crypto will take place this year. Well, it hopes so but of course, we can't decline that we also experience downfalls as a part of market volatility.

Everything that happens in previous years will also be happening this year even though if the market will move high cause in the real scenario, we can't see a consistent uptrend motion but also some declines.

Base on the comments in the thread, it appears like most of us are very positive in the price movement of BTC after it hit $8k. The point that price goes up after halving is usually what will happen but this time is different since before the halving its already rising up. What I'm afraid is if after halving is that the price goes down.  ;D

Indeed, we all are positive even before but the market isn't always in favor of us makes some people quite and be hopeless. But the market today shows some interesting movement that catches the attention of the community and to look positive.
The upcoming halving seems to have a huge impact and that is how we've seen it now.

Well, we can't be sure of that but what I've seen in the previous halving, the price continues to move higher after halving.

And we're still waiting for the end of Chinese New Year, which seems to be a bullish period for bitcoin on a yearly basis for whatever reason.

It is likely just due to psychological factors, and nothing tangible. But still, we do experience bull runs so the markets expect such a thing to occur, and it becomes a self fulfilling prophecy.

But yes, 2020 has been very bullish so far and even though I do expect corrections in the short term, the long run of this year is looking very healthy. With things like the halving coming up which are also quite bullish events in themselves, I wouldn't be surprised if we eclipsed 5 digits once again some time this year.

I see nothing will change for 2020, the bitcoin price, being bull or bear, will still depend on speculative thoughts and news.

Currently, we see a small pump (not really small) and one reason for it was the news impact of an ongoing conflict between IRAN and the USA. So in case that's not happened, I see we are still a around $7,500 as of this writing and there will be no "bull run" statement for now.

In my own thoughts, if there's no news that can impact much the price, we will rely on the usual run of demand and dump. With halving approaching, speculations about the growth will surely be raised but the question is, do people will really buy coins or will just rely on their current hold coins to gain value while hoping for the best on the result of halving?

like a 3 year cycle ... where bitcoin always gives a good pump end. price always makes a new high level. 2020 is the last middle to signal an increase. I think bitcoin will slowly rise with certainty. and will be pumped big by 2021. So the last chance to buy bitcoin is now. before reaching the highest level in the history of crypto currencies. 2020 is a good year. I hope all goes well.

If my grandmother had wheels, she'd be a bicycle.  If, if, if. 

Healthy?  No.  If bitcoin got above $20k before May, I think that would be too fast of a rise and it would not be sustainable.  It would probably crash just like it did in 2017, and I'm not anxious to see that happen again.  When bitcoin crashes, there are a lot of people who apparently get scared and lose faith in it, and I'm not sure that many of them would ever come back.  If bitcoin can maintain it's price around $8k, I'd be more than satisfied with that.  $10k would be golden, but I'm not hoping to see that level hit until at least the end of the year.

I agree with you, maybe in 2020 bitcoin will not experience an upward trend even though bitcoin has been reduced by half. as you said bitcoin will take more than a year to get a bull run. but this is just a prediction nobody knows for sure the price of bitcoin in the future. we can only wait. this year bitcoin can experience a downward trend or an increase all depending on demand and supply.

Many people on this forum share their TAs and predict that bitcoin will be neutral and going sideways until the halving, it will grow gradually after the halving takes place since the mining reward reduced and less supply will play the role. So the trend of bitcoin in 2020 obviously going upwards, expected to reach over $15K at some point and get corrected. However, the chance of bitcoin to reach $20K is relatively small but not impossible, let's see what will happen in the fourth quarter of the year.

In talking about last year that market cap increased rapidly but later crashed seriously, I think is better we start off with a gradual pace than rushing in and finally flying out. As price is going, we get where we suppose to be.


On this, I think the overall outlook is going to be bull and volatile just as we had in 2017. The halving and the US issue with Iran are going to be a contributing factor.

I would prefer on the same movement rather than seeing fast moving increase because we know that on what would happen next after that rising momentum which is really a heavy correction of prices.Actually we are moving too fast at the moment and the price now do somewhat stabilize in 8k levels and still holding but it can possibly go back below 7k price.Im not really that expecting too much when it comes on reaching the previous ATH.
It will be preferably on slow and gradual but stronger foundation than a usual pump and dump of prices.We cant really stop people for being too
bullish yet this had been the thing we do aim for.

Maybe for now we cannot get a significant fact if we are in the bullish state or still we are on bearish since the market is not much good until now since I think those slow pumps came few days ago is made by Iran fud. But hopefully we can enter the great zone since maybe in 2nd quarter of the year we can see those bullish sightings that we are waiting for so long but I don't expect to see a the same ATH before in year 2017 since I think those one will happen on year 2021.

if based on the history of halving its true that there will be a significant increase or a new ATH in 2021, but of course we will never know whether history can repeat or not, but so far it is still quite good and history can repeat from the first and second halving. indeed the impact of Iran is enough to make prices up, not only bitcoin but like gold and others. if it continues then it might be able to make the price of bitcoin up, but for the bullish it's still not seen, even though in the past week bitcoin has increased by $1000 and now tends to decrease again.

I think this month, the trend still not showing to us because the market still up and down unpredictable, so we are hard to see where bitcoin price will go. But I am sure that maybe in the next months, we will see a new trend will come, and it will attract more people to come to invest in the crypto so that crypto will rise again like in 2016-2017. We need to be patient for a while, and we still need to use this time to invest in many coins if we still have money. But be careful, the market still unpredictable, always analyze before you buy any coins.

many people believe that the current price increase is due to the influence of the US and Iran. so, I think they are indeed quite contributing. Although this is quite an extreme method of construction, it seems that the current increase is not affected by halving. so, when halving approaches, the price of crypto can be very high. I am pretty sure above 50% that the price of crypto will really go up.

If in 2020, the level of supply and demand is higher than in 2017, I believe bitcoin will make a historic milestone and create a new ATH, but according to the analysis of market experts, The impact of cryptocurrency is not as high as that of 2017 and we need more investors to pay attention to the market. This year there are many interesting events for bitcoin but if not have new investors, I think its price will not fluctuate too much.

Well isn't that pretty obvious ? We are in a heavy accumulation phase. Last time when we had the crazy bull run in 2017, half of the internet population was mental when we broke $9k for the first time. Today no one really cares, and that is a pretty fantastic thing, don't you think ?

If an epic bull run like that of 2017 happens in 2020. The value of Bitcoin would pump massively... Why? In 2019, We saw the introduction of newer products and services that caters for institutional investors, Countries resolving to Cryptocurrencies as a safe haven for their economies etc. Just time now. I'm gunning for a halving moonshot.


You have a point. People only want to join the train when it has left. Always late to the party. People want to buy and invest in Bitcoin but they won't want to do that now because of the current price. Should the price increase, You'll see high influx of new users and investors.

I think the same but this opens the question about what it is going to happen during this year? Are we going to see stable year in which nothing happens? Or are we going to watch a year in which investors switch their attention from bitcoin to altcoins to try to make money?

Or is this going to be a negative year for bitcoin and it is better to watch from the sidelines? Or this is going to be yet another positive year for bitcoin which will basically mean that the year of 2021 is going to be spectacular.

I believe there is always a new investor coming into Bitcoin everyday, much more every year. Year after year, Bitcoin is reaching new areas in the world and impresses new people. This will be converted into new businesses accepting Bitcoin and new individuals investing on it and others, especially those who have come earlier, will start spending them. All in all, we will be seeing wider adoption and higher investment year after year.

The US issue with Iran had subsided although the crisis had a significant impact on the price of bitcoin temporarily but the price had stabilized now, while the major event every crypto enthusiasts is looking up to is the halving of bitcoin coming up in May which many believed that its going to pump the price, while my opinion is that this year bitcoin would be bullish compared to last year.

This year we can't predict the perfect outcome of the market. Rather than other years 2020 is a much expected year for cryptocurrency. Most of the users expect the year to be bullish, based on different events that are scheduled for the year. Starting of the year there is some form of price fluctuations, and this confirms that the market don't continue the bull trend or the bear trend for a long term.

hopefully that's the case in this year, I know everyone are tired of holding and we are not just looking for bitcoin to rise but also for the altcoins as well.
What we are experiencing now is not a normal market IMO, because in the past, when bitcoin struggles, people turns to altcoins to invest, hopefully we will be back at that situation soon.

This year is more likely a reflection of 2019 yet with a twist. ;D
After that long bearish trend I think it's just about time that Bitcoin need to make a move. And what happened lately is what supposed to be happening. Bullish trend will not make a move this year i think until after a year of Bitcoin halving.

I think that halving is going to play a major event in the bitcoin price.
In my opinion, we are going to move upwards during 2020 if the price is going to stay stabilized at the same levels we are right now.

   I keep saying that 2019 was better than 2018. This year started good, and I hope it will be better than 2019. I believe that we have
a good direction, slowly but steady Bitcoin is gaining trust again. Why I say again, because after 2017 and that incredible rise many people
lost faith in crypto-currencies. Not just Bitcoin, all others dropped hardly, some will never recover from that probably.
   I am positive no matter what. Every prediction that I have for 2020 is positive, but it's me. I don't know what crypto-market prepared for us
this year, good or bad, rise or drop, I will try to be calm and positive about long-term future!

There seems to be a little decrease in price lately. For me, I can't say there will be an increase in price or decrease in price generally in this year 2020. I am simply looking at the bright side as anything can happen.
Hopefully, I see a price increase of about 15k at the middle of the year, then dump. Then another pump towards the year ending. Fingers crossed: I am positive.

Since this increase is due to HYIP, IMO the price will increase until halving and then there will be a drop. Then by the end of the year, I believe we will see a price that is at least worth the mining value. Actually, we can see that the price increase in passing halvings is bigger, but I am trying to be a little more realistic in this regard, and hopefully there will be a price increase like the last halvings.

And I hope it won't but rather to see more pumps after block rewards happen the same thing that it happens in the past halvings before.
I know we can't neglect such a downfall trend because of many reasons but I was optimistic and even more positive that this year will gonna be seeing doubling market price trend and $15k is approachable enough. Of course, it won't be an instant and absolutely it will take time.

Trend so far in last ten days of 2020 has been to challenge trends, most of which medium term have been negative.   That does not mean we immediately are positive but it does open the door I think, we are less constrained not tied to the weight of a pattern holding us for 6 months.    Its not yet beaten imo

https://i.imgur.com/uUglwI3.png

For short term speculation the blue line shows to me momentum by indicating a roughly weekly average.   Then the medium term negative trend is where we rest now at 8100.    TO be sure we have to examine this on weekly bars for confirmation but that means a wait till Monday roughly.

I honestly think there will be a lot of sideways action.  There is still an insane amount of people holding $10k plus priced bitcoin from 2017.  There will be some heavy profit taking if we reach the tens this year.  We didnt have that factor in 2017 it was a clear road up.  I'd say we hover around current pricing taking some sharp spikes and dips along the way but otherwise staying even.

So in your opinion, We won't be seeing $20K BTC this year? That's strange. Every 6-7 of 10 people I talked to feels Bitcoin would hit a new ATH this year – somewhere around 30K or more. We did hit 14K at some point in 2019 and I'm sure some of those $10K hodlers sold their stash. Based on the responses in this thread, I think there would be good market movements in 2020 compared to 2019. Don't forget the having event. The price has to increase to compensate for the 50% drop in block rewards.

Still waiting which one become most trending in 2020 after ICO, IEO have been failed, early year we still don't find which one become most trending in this year and which on investment become most profitable at the future, have new way for ICO and IEO back again and become success how the did last two years? We need waiting at the middle month in January about which one  most trending investment kind in this year.

To be honest, I don't want to repeat what happened last 2017. You saw already what happened after that right? A year of doom :D.
I'm not expecting too much for Bitcoin in 2020 even though halving is coming. Yes the hashrate continues to rise but still I don't want to expect because anything can happen to Bitcoin.
Sudden pump last 2017 and at 2019 when it reaches 14k. Did somebody expected it. What we only knows it whatever goes up goes down so many expected that after a parabolic rise in these 2 events, a correction will happen and it happened :D.

Right now, the market fluctuations was so intimidating and can't establish a perfect benchmark to our asset. It needs a lot of time and effort to accumulate a bigger funds on our holdings. We must not ignore every possibilities at a given situations, because the market value instantly rises and immediately crashes without any further signs. This was so unexpected, while it tried to cover up at first week of January but that was so sad to see after few days it went back to falling at around 20% of the price.

As for holders since 2017, I believe they sold everything when the price of bitcoin reached $ 14,000 in 2019. The price quickly fell when bitcoin reached this price and I believe that no one holds bitcoin from the period 2017. This year it is likely that Bitcoin will go up to 20k again and if Bitcoin is pumped up to $ 12-13k it will certainly take place easily.

What is happening at the moment is that bitcoin is incredibly difficult to predict, if the year keeps going in the current direction with similar movements to what we saw today then there is no doubt that we are going to see a new ATH during this year.

But the price of bitcoin is not so easy to predict, it could crash tomorrow for what we know, so as much as I will like to know what it is going to happen I'm just like every other investor in this market, I do not know what bitcoin will do the only thing that I know is that I will be here to take advantage of it.

And now it's moving stronger again and bringing a good run, fluctuations really make it tough but to those who are really supporting this industry
this behaviors are friendly since it's giving a good benefits for those who are accumulating their funds.
Don't rush things out and judge with temporary movements instead better to aimed for higher goals and wait till it's being achieved.

There is now a transition that is happening where the bearish trend of the bitcoin is now becoming bullish. The bitcoin is currently consolidating, you will see it by using darvas box. Once the price breakout in the darvas box with an increase in volume then it is a good sign because it is the meaning is the buyers are now in control.

While I agree there is a transition taking place we are not going to get a confirmation of that until as you say there is a positive breakout with good volume, which is not something we are seeing right now.

It could always be possible the bulls eventually give up and the price begins to go down very rapidly, this has not happened and we will also need a confirmation of this happening, so the best thing to do now is to just watch the market and wait until it gives a clear verdict about where it wants to go.

The chart is now becoming a stair where the price is moving in upward position. The sideways is already finished because of the recent breakout that happen. With the use of moving averages, we can now confirm that the market is now in bullish. The market is currently recovering again but we should not expect too high where bitcoin can easily beats its previous ath. We should just expect realistic results and outcomes.

Positive marks can be seen at this moment which is a good thing but as an advice to many people in this industry, do not get your expectations too high. Take note of the market volatility. Some people are already expecting of a 20000 usd market value for this year which is quite unbelievable at this moment given how early it is to make such prediction. It is still a long way and there are many things that could happen in the market having no assurance whether it would be in favor with the market value or not.

The current trend is now bullish but there pullbacks that currently happening in the market. As long as it is healtjy pullbacks, we should expect that the trend will remain uptrend. It's been months where the price remain bearish but the transition is already finished so it is now a good chance to hold bitcoins. Holding bitcoins while the market is uptrend is the best strategy to use by those long term investors.