Bitcoin Forum

As we saw in 2016, Bitcoin got its full form, and at the same time all the Crypto Markets looked like the Green Sea, do you think we will be able to see the green field just like before after Bitcoin halving this year as well. I think something better is coming for us, what do you think?BTC

agree that situation should be better after halving, but do not expect 20k this year, maybe during next year, of course if BTC repeat graph that was after previous halving, we need at least year to reach new ATH, if the demand persist

I do not think it is possible this year. As we know 2016 was halving and 2017 was the year when Bitcoin reached  ATH. I do know what will happen next year as it is very hard to predict the price of Bitcoin.

As things are quite different now, to what it was in 2016. But, anything can happen in cryptocurrency. Possibilities are it should happen next year.

It is hard to predict maybe the price will reach or exceed 20k even though the past few days has been packed with alot of surprises in which the price rises up to 10k. The  week ahead will determine maybe it will touch 20k this year. Anything is possible

I wouldn't have expected another all time high until far into next year and that was before the viral excitement. Now I really don't expect anything significant this year. The next few months are going to decide the trajectory of the global economy. It is of course bad now but it's effectively in suspended animation. If it wakes up with a cold then I won't feel super confident about the nearish future of BTC.

It doesn't work that way, I mean we can't compare what happened to 2016-2017, the market back then has just started to ramp up, and then the whole ICO craze pushes the crypto market to it's bubble. So I don't expect that we are going to reach $20k this year, there are so many parameters to consider right now, the pandemic, investors getting mature, manipulation from whales. So it's better to not expect something big is going to happen just because of the halving, yes it could be a catalyst for the next bull run, but it won't happen in just a year or so, it will take sometime to reach $20k or even a new all time high.

I can't agree either that op is totally unrealistic because looking back to 2017 when bitcoin was just not that popular but now , it is. The speed of last time can be seen in this year too. The users now are much so you can have volume increase.

2012 and 2016 halvings are too different situations when it compared this year's halving. And what it happens to 2017 Bullrun is not because having but purely because of the hypes and do we think that it will happen again this year? Maybe in the coming years but Not really sure of that and to know people are not really comfortable with that hypes because that is also a reason why they suffered big losses.

Just be realistic and conservative with your expectations when it comes to bitcoin. And that's true, it is hard to compare btc from the past few years because a lot has changed already in crypto community. Though we can say the adoption is growing stronger but as we are still facing the pandemic crisis, a lot of crypto investors are still on hold with their funds assessing the movement of the market. Though everything is possible to happen like reaching again the 20k level, but I think, don't expect it too soon. Just be vigilant in crypto market and you should know the potential risk you are getting into when you are in crypto.

The 160% rally off the $3,000s doesn't change your mind, even a little bit?

I still prefer my 2018-2020 sideways scenario, (https://bitcointalk.org/index.php?topic=5196072.msg54020305#msg54020305) but I have to admit, this bull run has been really powerful.

I also have to recognize that a few OGs like zoinky and dmwardjr are predicting exponential gains this year. Can't write it off entirely!

If the bull season will be triggered after the halving then the possibility that we can hit 20k$ or more for bitcoin price is very big especially if the pandemic will end also. Most of the small investors are affected by this pandemic and the current push of the market is likely because of the big whales but if the small investors will likely to join them then reaching a new ATH is very possible.

We still have 7 months after the halving and I am sure it is enough time for bitcoin to break the 20k$ price, it will be more to what 2017 has achieve if the bull season will be triggered by this year because the users and investors are keep on growing as days passes by meaning the demand are keep on growing also.

As we can see the price of btc already lost 12% of its cost after halving and as i can see crypto markets indicate that the price btc will be stable when bitcoin descress about at $7k to $6.5 ever more below. So I don't think something better will be coming for us in this year as 2016 was different than year 2020.  but probably at the end of the next year.

Is it possible for bitcoin to exceed $20K this year? Well look at the charts. From Feb 2020 we went from $10K all the way down to almost $3K. Then from March we went from $3K all the way up to $10K since yesterday. Then a few hours ago we went from $9.6K to $8.1K in about 3 minutes. Hence anything is possible.

If you take the $10K price as a benchmark and add 20% days, then it would only take 4 days of constant 20% gains to breach $20K. So yes its surely is possible. Look at the stock market. People are losing jobs, unemployment numbers are at depression levels and it keeps making new daily highs. Makes no sense pretty much. So neither do the crypto markets.

So I wouldn't bet again it going to $20K, but I also wouldn't long right here and expect to see $20K before the end of the year. Sure its possible but unlikely.

It's just like Keynes said: “Markets can stay irrational longer than you can stay solvent.”

Bears blame the stimulus injections and they are partially correct, but there are two even bigger dynamics happening, and these apply to both stocks and BTC. 1) The March crash wiped out so much sell side liquidity that it's easy for the market to rise on no volume. 2) The market is extremely emotional, and the pendulum is still hanging on the side of optimism. The pendulum will swing back hard if that optimism doesn't pan out.

BTC down 19.5% from the top after today's dump. Exuberant bulls brought back down to reality. Was it enough? Or could we get a 30-40% dump like BTC often does during bull market corrections? We're not seeing an instant full retrace of the dump, so I won't be surprised at lower lows from here.

If the comparison is during that year then you shouldn't expect that the same can happen on this year. Instead, 2021 can be that very year when we can see the bull run that looks like 2017.

On 2017, there were plenty of ICO and we can't argue and deny that it actually helped to make the prices go up. And currently, a lot of fundamentals have changed and it's more organic these days because of the adoption and mainstream recognition for bitcoin.

Been optimistic is what keep the market alive and keeps the industry growing strongly (obviously backed with innovation and improvement) so yes like other have highlighted, there's every possible for Bitcoin to cross $20k before the end of the year but like I have previously said in other thread I commented on. The goal shouldn't just be for bitcoin to reach any targeted price but been able to maintain that uptrend momentum and continue trading above that price (in this case $20k) is what that really matters.

Few weeks/days back, people were asking if the pre-halving price can get to $10k and yes it did but no one was asking if the price can maintain that momentum and trade above $10k. Not that surprising bitcoin only touched $10k and now it's down. Bitcoin just reaching a certain price shouldn't only be our expectations because that's making it get resistance at that level as everyone would want to take profit at that targetted price making it almost impossible for bitcoin to surpass that price in the maintain.

Its possible but improbable, more likely we stay even for this year and 10k is a better measure for the average.   This has been a fair estimation since the peak last summer, despite everyone's best hopes we decline on profit taking and the Bitcoin price moves in cycles like waves and tides, you cannot fight the tide.   To get 20k needs a rising tide and its just not there yet in my estimation, of course as said above volatility makes all prices possible for moments at a time but the better guess will come from watching the steady progress that occurs by the months not each day.
  In a simple view also, 2017 peak came the following year and then some time after the halvening prior, to expect an immediate rise now would not seem to be correct as block reward reduction is a slow vice movement not sudden or an absolute change to supply available on exchanges.   We hope for steady to rising demand and this lower supply but its a process ongoing we'll keep on observing and eventually it leads to these high price possibilities.

That has been happening. Usually when there is a hot event, the crowd in the crypto market is very strong fomo. they don't care how high the price goes but they still want to buy and buy. But given the current situation and the current price of bitcoin, I believe it will not fly high this year. It's just that people are suffering from fomo and the sharks are seducing their prey. after 1 to 2 weeks, the price of BTC fell miserably again. That will be a good opportunity for us to buy more.

$20,000 is too high for me if we are only thinking of 2020. Bitcoin will get that once again. I can say that with 100% certainty but what I cannot tell for certain is when that price will come back to us. It will but I don't know when. Let us all be patient for it will come.

No one but time will tell.
We're certain because the similarity that we do is based from our experiences for the past few years. The price of $20,000 is now the basis of some other speculators that will validate their thoughts that the bull run has been activated. It's difficult to tell when but better rely to whenever it actually hits it.

I believe that it is impossible for this year of 2020 that Bitcoin will take same value like 2017.

Look how the effect of corona Virus.

There are so many people Dying and too much money from the government has been spent while fighting this virus.

Where do you thing people will get their investment to make the market Grow high?so No there is none of this will come in present year.
maybe by mid of 2021 there will be changes.

I agree. While the pandemic of COVID-19 is on the way, it could be impossible for bitcoin's price to reach to $20,000 again because there will be people who will sell out their bitcoins just for them to provide their necessities or daily needs, while they temporarily don't have any jobs to earn money.

Maybe it was time to forget about what happens last 2017. We are facing a new challenge this year and this greatly affects the trend. Though we can't disclose any chance to see Bullrun again but quite to say that it is definitely not the same as what 2017 had. And as long as the pandemic still not resolve, haven't to expect that anymore.

The effect of corona virus at least for BTC was very possibly positive in that there is a greater online population who are new and possibly needing to transmit value across the globe for digital goods, sounds like a setup scenario for growth.   We might only realise later how we have gained numbers in this lockdown. 
   So far as business being effected its mostly to do with the actual physical trade, which I associate less with BTC.   It is still relevant but the thing to note is the contraction in economic trade is not mirrored by a contraction in currency conditions because governments are directly funding markets with newly created money.   As a ratio BTC with its set supply is likely to be more stable then expanding dollars or whichever FIAT standard.

Who knows bitcoin can hit that price again even if we are still in the pandemic of Covid-19. And if that happens, I am sure that can give another happiness to people who have bitcoin while they stay at home. They will have additional money to continue to survive in the pandemic, and they don't have to worry about how to buy their daily needs. Maybe with that money, they can also help their neighbour to buy the daily needs so other people can survive too while they are waiting for the update from the government.

Bitcoin never did actually hit $20k in 2017. It fell a little shy. That's not the point though.

The real question is whether it reaches the ATH (all time high) in this, the halving year.

After the 2012 halving, the ATH was broken in about 3 months.

In 2016 it came just short of reaching the ATH in late December before dropping back down. It didn't reach a new ATH until late February 2017.

We may see a similar pattern this year. Both previous times the ATH was reached late in the winter (northern hemisphere).

Then again it might surprise us and reach a new ATH quickly, as it did the first time.

No one can see the future.


You're acting as if the price is determined by small-time retail speculators. It's not.

The price is driven by whales and institutional buyers.

Hell no, this is nowhere near what 2017 was.  Before the coronavirus outbreak I was pretty optimistic about bitcoin's prospects as far as maybe hitting a new ATH, but even with the general vibe of optimism, it was nowhere near as insane as 2017.  Bitcoin and altcoins were pretty much in a bubble, and you had people investing in ICOs that had the most idiotic whitepapers simply because they thought they might be getting in on the next bitcoin.

And I doubt bitcoin is going to hit $20k this year, though it might surpass $10k and get close.  I'm not even close to confident that that's going to happen, because there are too many unknowns right now.  Not that I've written 2020 off just yet, but I'm now hoping 2021 is going to be another euphoric year for crypto (though I'm not hoping for a bubble).

Anyone that gives such hope of 2017 for $20k cant be a good mentor in this space, pandemic is a very critical factor for such pump prediction in this market, what everyone can tell you is that bitcoin will break the ATH one day, especially after the halving. You can watch for the next 365 days after the halving for any surprises, such has we have had in the past. You can also multiply your bitcoin while you wait in this market.

Personally I don't think so, the market has changed a lot since then, I see the possibility of bitcoin going up in value like that until 2021 or 2022 but not on this year, and even if it happened I have serious doubts that all the market is going to go up in value as it did in 2017 because people are not as naive as they were before and they are not going to invest in a bunch of unknown projects which make a lot of promises but that we know that at the end they are not going to fulfil them, so at best bitcoin and a few altcoins will go up in value while the rest of the market does nothing.

We should be grateful if we do able to tank or sustain 5 digit price and wont turn back below that in upcoming years but we know that this
market had been always unpredictable thats why we cant really make any conclusions from time to time.

All things happen in the past doesnt guarantee you that it would happen into the future.Yes, we have seen on how it performs for years after such halving event but we cant
totally say that it is the actual reason why the market rose that fast.It all matters with the demand and events like halving are just some sort of catalyst for hyping up the market
but not totally a reliable one for you to presume into your investment decisions.

Of course we are going to hit 20k once again, there is no scenario where bitcoin never reaches 20k price. However when will it happen is a myster to all of us, maybe it will happen in the 2020 period, maybe it will be 2021, or maybe it will not reach there until 2025, but eventually it will hit there. That is why I kept saying to people who bought at high prices to never sell and buy more, if you keep buying more you will basically be dropping the average where you bought, and if you bought at 20k and managed to buy from these prices as well, you can drop to 13-15k range easily, and we can reach that in less than 300 days right now.

If you did that from the get go, you could have dropped it under 10k and could have sold for profit last year hence I think nobody should ever sell for a loss.

Anything is possible in crypto still everything is unpredictable because of it's nature 8) After Halving we didn't saw any major changes in the market, so from now the price might go down because the halving expectations is over now.

Well I don't feel this year the history will repeat again like 2017, because most of them are facing difficulties over the COVID-19 row. Most possibly we can expect by next year.

That has become a kind of goal and standard because Bitcoin peaked somewhere at $20,000 more or less.

All we are doing are speculations. We are trying to play this speculating game well. We are trying to make money from it that is why we should be as realistic as possible.

We are open to speculation, some predicts that Bitcoin will drop followed by correction and some people thinks that it is headed to a new all time high regardless of the pandemic that we are in right now, prediction could have been one way without the pandemic, but it will always end in Bitcoin much better than what it is 3 years ago.

Maybe you should rethink this and give bitcoin a benefit of doubt, over the past couple of days, bitcoin has really surprised me. It has proven that it has the potential to do the unexpected although that isn't something new as bitcoin has always proven that in the past but the experience this couple of days came with was just something else. So everyone (most individuals including myself) was thinking after the halving bitcoin was going to dump hard and prior to the halving the price will continue raising but that wasn't the case.

I transferred some bitcoin to Binance hoping to take advantage of the dump that would follow immediately as a result of majority selling the news (successful halving) but It just surprised me that the trend has just been upwards since them. I had no choice than to rebuy immediately bitcoin touched $9300 meanwhile I sold at $8600.

It is not wrong if I say like that because we don't know what will happens with bitcoin. Even if the whales and institutional buyers control the price as you said, not all of them can move the price. It is better to hearten ourselves at this moment, so we don't get the effect of the Covid-19 ;D

But maybe I am wrong in this matter, so I am sorry.

Bitcoin price is far from reaching 20k in 2020 and the year is close to ending, If bitcoin stood still at 10k this few days then the possibility of exceeding 20k would be one but for now i will say it's zero. Because most investors are not working out money at the moment. As we know about the crisis in the world, so the fate of bitcoin is in the hands of traders and miners for now. we need more investors to see the next bull run if that doesn't happen anytime soon then we should focus on bitcoin exceeding 10k.

Bitcoin is speculative so speculations or guessing of thep price is pretty relative. The common goal of everybody is to see the price first at the all time high before talking to a higher price which we've seen speculated by many well known personalities in the crypto scene.
That's what we have to pass first before going for the next all time high that seems to be doubtful for others because, they're looking for that price first before telling a higher prediction.

Bitcoin is already getting a green candle right now, but we also see the red candle happen at the market. After the price hit the highest price before, the price adjusts to lower price, and now seems the price stable at a price. But there is a chance for bitcoin price to increase to the higher price in a few days later. But bitcoin price cannot guarantee to increase higher because we know that the price can go anywhere. We need to prepare for the worst thing that can happen later so we can do something to the current situations.

I doubt it. Maybe next year. I’d be happy to see $12,500 31DEC20, $20,000 31DEC21, and $100,000 before 31DEC25...

Everything is very possible, although we are experiencing difficult times worldwide with the pandemic, we can have in our favor the Halving effect of Bitcoin, depending on how the market has been moving there is a good indication that things can improve as time passes.

The Halving effect is uncertain, at any time we can have a bullish rally, or perhaps we should wait a month or two, unlike the other speculative markets worldwide, the Bitcoin market looks good.

Not this year. Way too early. I can be hopeful for it to peak at around $15k but that's it. Exceeding $20k doesn't seem quite plausible, especially since most people are hoarding their cash cause of the problems they have with their finances cause of the lack of jobs right now and lack of supplies as well. And also do note that if we were to try it to compare it, the peak that happened in 2017 was a year after the 2nd halving, which was in 2016. If we were just to compare the halvings based on history, then the peak of the halving should be brought about by the year 2021 instead of 2020.

this year? no, but in the coming years? we could and we might but I still don't expect anything like in 2017 will happen this year but there is no harm in hoping. but just like after every halving I expect the price to gradually rise considering that is supposed to be the effect of halving.

I am sure there will be time for us to see bitcoin price will start rally like what we saw in 2017. But we still don't know if the price can hit $20k again in this year or next year because that will be too difficult to predict. We can only predict without knowing the real things that will happen to the bitcoin market. But we can try to buy bitcoin at a low price and sell at a high price although that will not be easy to find the right time to trade.

in the world of crypto, everything will happen, be it PUMP or DUMP, many tokens have only experienced PUMP up to 500% this year, IQCASH, LIFE, UNICORN, etc., even though it is uneven, but I am sure if the time comes the crypto market will recover again like 2017/2018

we would need another period of super hype that lasts at least 6 months for us to see a lot of common huge pumps like 500%. otherwise all we are going to see among shitcoins is the smaller pumps that could not even be sustained for long enough time to be considered a pump by altcoin standards.
and i don't think we can expect such periods for at least another year. it is time for bitcoin to rise and it would dump all the altcoins on its rise for now.

at least you can pray and hope to buy as much Bitcoin as possible, if everyone in the world does the same thing maybe the price of Bitcoin will rise and continue to grow.

This time I am not guided by the predictions of others / Bitcoin experts, I only have my own opinion, not predictions, it just crossed my mind for this year the price of Bitcoin can increase more than the price in 2017, it's a thoughtfrom me.
There can't be much to do but wait, pray and buy Bitcoin as much as we can.

Actually we dont have any other options but to wait on how the market moves and lets hope that we wont go back to lower levels just like what happened when we dip down to 3k.
When in talks in future prices its always been a question since from the beginning.No one do even expect that from almost nothing value and able to hit up 20k in a short span of time or several years
of its existence which does mean that this do really had a big community support and to think that adoption is still on the move which means there still a big space for us to improve.
If were a hodler then we arent really that much worried in talks of future.

For me there's nothing to worry but I am interested to know what will be waiting in the future.
Reason why I should ensure that I am aware of the timely news as that it's necessary for me to make a timely action too.

Investing even the biggest and the most popular coin which is bitcoin still has a risk, so we can't invest blindly and just wait for our target to hit.

Sometimes we also need to cut loss which things aren't going the way we are expecting.

Crypto market move independently so price to hit $20k again is not impossible, but in times like this we don’t know what future brings. But despite the negative events happening globally I still believe that Bitcoin will shine this year more if the global situation is controlled.

I don't think it's possible this year anymore, you know the global economic situation is going to be very bad this year. If we can overcome the deterioration of our overall economic situation due to covid-19 this year, then maybe next year we will see a significant change on BTC.

Even surpassing resistance at 10k is still difficult so far because the correction continues and also, this year's situation is having a negative impact on whatever growth should be happening, so I don't think it's necessary to expect anything excessive this year and basically, for the crypto season back at least it still takes time until there is no guarantee that the market will be bull run next year but if this good trend continues all the time then we just look forward and prepare to get the expected good moments.

All of the prices of cryptos are highly speculative so with that question, I will say my speculation too.

Anything can happen with Bitcoin right now. Its just how probable it will happen. In this case, the price of Bitcoin exceeding 20k this year has a 1-2% chance only for me since there is still no sign that we can hit that target somewhere this year. In order for it to happen, Bitcoin must pass its previous resistance last 2019 at around 13000-14000$. If this happens then the chances of Bitcoin to exceed its previous all time high will be increased.

Right now, it is hard to speculate since anything can happen to Bitcoin. What can do right now is to speculate, be ready and keep holding until we reach the target price where we can sell our Bitcoins :D.

One way or another, if bitcoin reaches $ 20,000 or $ 25,000, you can not do without a dump on the cryptocurrency market. many cryptocurrency users will definitely want to earn money and will sell Bitcoin. But if the demand for Bitcoin remains stable, then I hope the price drops not too low.

Even if the history repeats we can find new all time high for bitcoin in the year 2021 only, but this may likely interuppted with the current global crisis created from the covid spread.

I'm certain it will happen just as it did before. This time however is different, it will be an uphill battle for there are more players in crypto and there's covid19 as well. 20K will just be easy when the price breaks that $10K because it will just confirm that it is going right up there. Validation is just what it needs. But probably not this very early, people are still afraid to invest and spend the money because the future still is uncertain. If the 2nd waves of covid strikes then there goes your investment. Waiting is the chance.

Same here. Reaching that level will not be easy and we may not see that price this year, but maybe in the coming years. If btc will hit 10k-15k, then we can say we are heading to 20k of course. But that will take time and important happenings in crypto to take place first. We need to see the adoption is really growing, in terms of persons and merchants that will support its usage.

Although everything is possible when it come to Bitcoin 20000$ this year doesn't seen very likely
Many expected huge price rise after the Bitcoin halving but that obviously didn't happen.
Also, we see how price is struggling to cross 10000 $ barrier. Although it looked couple a days ago price might cross it, it pulled back again.
To my opinion price will continue to fluctuate, without continuous and steady growth so we'll not see 20000$ so soon.

I feel that way too. Although the potential to reach the price of $ 20k is still there, but it seems we will not see it in the near future. so far. the price of bitcoin can't even last at a price of $ 10k for quite a long time. After halving, the price of bitcoin has not yet reached the price of $ 10k, but when it reaches the price of $ 10k, I might feel that the level of fluctuation will go up, and in the range of $ 15,000.

$ 20,000 for now is still far away, because we are still at $ 9,000 - $ 9500, if Bitcoin is able to break through $ 15,000 there will most likely be a FOMO coming to the crypto currency market, I hope you all don't sell Bitcoin when prices are low

I can't say it is a full form.
It didn't even go back there.
Unlike the 12k-13k mark it lasted for months before it goes back down.
20k lasted for what? Days?

I won't expect too much right now if I were you. You can see in this forum, the situation.
There are more expectations for atcoins rather than bitcoin even if it just went after a halving.

This year would be very difficult, however remember in 2016 we had a halving and right now we had a halving as well, and in 2017 we had the biggest increase and that shows maybe 2021 could be the biggest increase. I have always said that the bitcoin world is a cycle and that cycle always comes around, we had the same thing before as well and we are going to have it once more. Or at least that is what I hope will happen, I can't see the future so I can't say what will happen, all of these are my assumptions and predictions.

All of this missed out minus from mining profits will combine to millions of dollars even hundreds of millions of dollars so I think miners will try to increase the price as much as they can in order to profit like they used to, they can't sustain this level for too long.

after halving it must be better for Bitcoin, if not then all expert analysis will be in vain and of course trust in Bitcoin will be reduced, and make people lazy again with Bitcoin, hopefully Bitcoin can prove that Bitcoin is indeed a worthy investment

Too much expectation can lead to disappointments despite that altcoins dont have the better chance to surge in price than bitcoin because most crypto investors trusted mainly in Bitcoin and those that missed the previous bitcoin halving growth in price wont dare to choose altcoin now.

The expectation is really high from members who have not experienced halving, all they heard is that the price usually rallies after halving but they fail to check the charts to understand when the momentum started, if everyone is expecting the price to touch new levels in a month or two after halving then they will be disappointed because that is not the way the market performed in the past. For anyone expecting a rally you need to understand the economic situation as well as we never had any financial trouble during the first two halving. So it is time to adjust everyone's expectations accordingly  :P.

Under normal circumstances bitcoin will go up in value months after the halving but we know that we are not under normal circumstances, the coronavirus is changing everything around the world not only the way in which we live but also the economy as we speak, so I think it is going to be a real challenge for bitcoin to go up in value significantly during this year, however there is a very real possibility that during the next year we're going to see a bull run and when that happens you should make sure that you are holding enough bitcoin because I think we are probably going to reach a new all time high.

hoping too much can also frustrate us. however, I think if there is a price increase for bitcoin, then it might be bigger than last year's highest price increase. but, I'm still quite doubtful that the price of bitcoin can reach $ 20k. indirectly, the price of bitcoin can reach a new ATH if it reaches this price this year. but honestly, it's very difficult.

It's difficult, but we expect that to happen! This or next year, nobody knows when we will see the bull run. It's what we waiting for, and we try to accumulate more before it starts because when it starts most of the good coins will cost more! For us it's a profit, depending on how many coins we managed to accumulate. There's no single person on this forum who doesn't believe that bull run is coming.

It may seem like too difficult as we are seeming bitcoin prices are facing too much of resistance around $10k levels which must be an unusual thing, I have never seen because bitcoin is trading above $9500 levels for third time within a month still it is unable to break the biggest psychological level. Probably bitcoin miners are selling more bitcoins than usual for the reason of covering their mining costs. I mean after halving they may need to sell double the amount of bitcoins to continue their mining process by paying their routine bills.

Only after bitcoin breaking $10k levels and sustaining above it, we can assume about reaching near to ATH may possible this year or not. I guess when pandemic hassles will get settle down, we can expect institutional funds to join bitcoin markets to do the needful.

No one knows. Because predicting something is not an easy task. Let the market decide. The market will remind you at the right time. But I think it might be possible. If we look at the previous history, it is understood that something good is waiting. After 2016 halving a bull market started which is the biggest bull run so far. So I am waiting to see if the bull market will start due to this halving. But when the majority goes one way, there is some time needed to start the real run. Because there is a chance of a shakeout.

Time would really tell and we know that demand would always be the main factor that would heavily affect price movements.If this thing would be less in
upcoming months or years then dont expect for this level to be break on but at least speculating on reaching 20k is much more better than to those who do
speculate reaching hundreds of thousands.Yes, its easy to guess but would really hard to be accurate and this had been the norm since from the beginning of this market.
Price is always been unpredictable and lots of factors do need before reaching out on a certain point.

Be optimistic about that because we never know if Bitcoin can surge to a higher price in a short time or not. But in the long term, I believe that bitcoin will pass the highest price in 2017, and I am sure that the price will reach that again. But it still a mystery to us to know when it will happen because no one will know when the time comes. We can only prepare by saving more bitcoin so we can sell at the right time.

Absolutely, we have to think positive but we also think the capability of the market as well.
Yeah, a lot of mystery in here and even not know that this marker will gain such popularity and market value. From scratch to a valuable asset, from $0 to $20k in 10 years? But due to the fact that we never know what will happen next, 2017 alike trend could be possible but I'm in doubt to see it this year. But not possible next year if halving will showing positive results.

Well, it had possibilities, even in January, I thought we are gonna have another bull run like 2017, but after Coronavirus and all this harm throughout the world, my expectation is gone now! I don't think it will happen this year, there was huge hype about the Halving but you saw Bitcoin price did not increase enough. Though I don't want to mention 3800$ collapse, that was manipulation for a very limited time.

It will happen again, no need to worry. We can be patient to wait for that time. Just prepare for the next best moment for bitcoin, and if that is happening in the next year, then it will no problem for us ;)


We hope that the price is not going down to $3,800, but it is okay if there is only a flash dump so we can use that moment to buy more bitcoin ;D

If bitcoin price rises in January next year, then we still have at least 7 months from now to prepare and saving more bitcoin, so we don't miss the chance to sell bitcoin at the next highest price ;)

It is true that it will not be a big surprise for this year because after quite well at the beginning of the year but the pandemic is enough to make the movement somewhat disturbed even though it is not clearly visible. usually after halving the previous time (2016), it will start moving up the following year and at its peak at the end of the year. and it's likely to happen again like that and will happen next year. maybe now is needed is the momentum to be able to penetrate $ 10K, which will determine the movement towards positive.

I didn't expect rise after halving, you learn to not expect nothing soon after halving when you experience one. In 4 years we will have another halving, so remember what's happening now for the next time. Effects of halving comes after some time, if it be similar like last times from January we will have an uptrend that will last entire year, with occasional drops of course. Until January it will be interesting for all of us, the price will go up and down like alwasy, I think that we will brake 10k resistance, but I expect to see at list one more bigger drop in this year. Anyway it's good that we have this price after halving, take a look on previous halving and the price of btc in that time.

At the beginning of this year people were very excited with the positive movements of bitcoin, but quite honestly it was nothing but a mirage, the price was going up but the volume was not doing the same which meant that the whales were manipulating the price and as such the crash was inevitable, the coronavirus was actually not directly responsible for the crash since it could have happened anyway, however it was responsible for making the crash even bigger than what it would have been otherwise and it is responsible for the slow growth we are seeing now.

But theoretically speaking, this whole situation with the virus is a serious crisis. Bitcoin is an anti-crisis asset and therefore such conjuncture should contribute to an increase in its prices, right? I think the situation will be clearer after the situation with the virus becomes more predictable - at the moment there is no clear model that would describe the end of the epidemic.

Price is challenged in 2020 for a variety of reasons if it wasn't already obvious, we need to work through all the possible selling and develop the blockchain and its uses further; then aquire more users before we'll get enough momentum for new ATH and all that hype to occur.
   Consider 20k like a high tide mark, it happens when a few different factors coincide and we get that higher mark possible.    So consider all the different things for and against BTC and we have a while to go yet.   Many will say well halvening is in 2020 so now it must go higher in 2020 but in fact the main effect from that change should mature in 2021 and into 2022.
   Its never that simple, have patience and we'll see more interesting stuff developing over time :)

i thought your going to say because of the covid because covid is the obvious event that we feel right now that could also affect to the price of bitcoin but the reason that you described above are not that obvious  . blockchain is already popular and btc is already popular too so i dont think that we still need to sell or develop them  .  people are just waiting for the things to calm down so that they can enter or re enter again and that was the time you see the price pumping possibly up to 20k usd

No one knows since we dont know how market will perform in the coming days. It can happen before this year end but its just a prediction and no concrete basis, halving can affect the price of bitcoin and crypto as a whole but currently the coins are declining. So I think instead of thinking if there's another bullrun that will happen, just accumulate your favorite crypto and hold. If the market turn to bull again you can earn big time for buying at low price and not because of fomo.

   Lienfaye I can't agree more with you. Many people try to speculate and speed up crypto-market, but things
don't work like that. Instead of spending energy on that it's better to accumulate Bitcoin and other favorite crypto-
currencies. It's what I do for almost two years, and I hope I will have more time, before the price go to the roof!
   Buy because of the technology, not because news. Be ready to hold for long-term, don't read the news.

In some aspects we can say that buy it for long term is good option for us but for the events happening on the world I can't say it will be a good decision to do so since I believe theirs perfect timing for everything and since there's a pandemic I cannot assure things rotating on it since we might gonna lose if this will continue. But I cannot disclose the opportunity given since as of now I'm monitoring the market flow and waiting for the correct timing to enter again.

It is difficult to know, bitcoin is sold as being an asset that is countercyclical and as such if the world markets go down it could be expected for bitcoin to go up, there is just a few problems with that theory, many of the people invested in bitcoin also hold assets in other markets and if they face huge losses then most likely they have to sell some bitcoin to make up for those losses making bitcoin more more closely related to other markets, and also this crisis is not monetary in nature, it was brought by a virus which means that all markets should be more or less affected despite their intrinsic differences.

It's too early to say that Bitcoin would hit the $20k this year since the price is not actually aiming for the bottom yet. Best year to expect that price will be in 2021, so as for now, we will just have to accumulate as much as we could so that when the time of FOMO comes you won't struggle to buy cheaper price. Bitcoin is just moving up and down at the range of $8k to $10k within this month, what could possibly going to happen in Bitcoin next month?

the potential to get to that price is there. but, it's not clear at the moment. however, the rise in the price of bitcoin has not even exceeded the price of $ 10,000 today. so far, the price is still stable in the range of $ 9k, exactly $ 9500. however, it might take months before the price of bitcoin seems to have great potential to reach that price.

Timing is everything but looking for that precise time would really be always a question on our mind thats why we do see lots of technicals and fundamentals floating
around because we know on how unpredictable the market is.There's covid but we do saw the crypto space hasnt been affected much which means we cant really correlate
real life situations or scenarios but same as you said we wont know if this pandemic would continue which would heavily affect each countries economic state will surely
affect other markets as well including crypto since we know that people doesnt really have the money to invest on and would surely prioritize needs over investment.

There can be number of reason why bitcoin may not cross all time high in 2020. Covid 19 may be one reason for this. People are afraid to invest these days because of pandemic situation. I think we will see ATH in 2021.  :)

Covid is the big reason since it affect people financially and even if the virus will gone now for sure it will take for so many months or even years for some people to get back on what they lose when the pandemic occur, Year 2021 is promising year so hopefully we can see a massive pump by that year to come so that we can see the bitcoins get another great confidence from those investors who doubt it right now.

because of Covid19 I think crypto currency is increasingly recognized by the public, because everything is at home,
the internet is one of their needs, maybe after covid is finished people will try to buy Bitcoin, hopefully

I think Covid isn't a serious problem. The investors they will buy as soon as they see a big opportunity, so they will not wait until the pandemic ends. 20k is hard but it is quite possible this year, we have 7 months to see the result.

to reach price of $10k bitcoin is still experiencing difficulties what else with the price of $20k, in my opinion expect prices like that this year is very impossible because it is too fast after half the bitcoin. all need time and process

The virus isnt gone and most people are still in the targets for future trouble, when its possible for people to write those words its gone un-ironically I suspect we'll have a second bump in cases and it might even repeat history and be worse then the 1st bout of cases.   Hope we dont see that but seems people expect the trouble to decline going forward when it can be worse as we have to deal with both the clearup of previous losses and future cases still happening.
  Somehow I think we are still complacent, 20k in this year would an extreme flip to the 3k low.    If price is going that high, the situation, graphs and possibility has to develop alot more so its 1 or 2 years out imo.

for now, this is indeed very difficult to imagine, because the price of $ 10k is still quite difficult to achieve. according to speculations that I think, the price of bitcoin will not reach the price of $ 20k this year, only the range can reach $ 10k to $ 15k. however the halving just happened last month, so its development and potential have not yet been seen.

Speaking of development and potential, Bitcoin has already showed that from the last two halving. Now, we are in a very different situation, and we don't expect a price similar to what happened before. Though we still have a lot of time until next year to watch for the market cap hoping to rise again as a halving effect. But then again, nothing's guaranteed yet, though the market sentiments are in bulls favor.

I have been reading the same topic every month or the next about this question,Why can't we move on from what Hype
of 2017 brings us and just be facing the reality of
 life now?market is not going anywhere close to that price this year or even the next year because the effect of Covid19
 will continue being a burden of every people in the
world.even Rich people are now taking this crisis seriously because this is not just a sickness but this is a virus that has
 no cure until now,so Please exceeding to more than
 20K$ was not an prospect now instead we are monitoring maintaining at least 10k or 5 digits value and too far from 20k$
.and also why not just let your self busy in many things?
facing the Virus for your family or finding another way of profiteering aside from Crypto investing and just leave your
 investments here for a year or more?

The same questions were asked during 2014 to 2016, only difference was whether the price will cross the all time high valuation of 2013 and this will continue on in the future  ;).

You never know what will happen to the price of BTCitcoin as anything can happen, we might not have the same situation like we used to have in the past but, never say never to BTCitcoin ;).

No market is safe in a situation like these, we will see the downfall of these in a short period of time and the cryptocurrency market is the only market that you know that it can recover but that cannot be said about other markets as you never know what companies are going to be bankrupt in the upcoming crisis.

for the long term it might still be fulfilled, but for now right you say, $ 10,000 must be fulfilled again and stay there, it's very important

We dont know that yet but there is a possibility that bitcoin can touch or even higher than 20k usd before the end of this year or after as we can see there is a very good support in 9k and with in just a small period of time bitcoin touches 10k and lets hope bitcoin can touch 15k and up soon.

The more time passes the more it looks like the price will not pass $20k. I mean we are still in June and there is another 6 months to live so we can't really say it will happen or it will not happen. Do not forget that in 2017 the price was around $3k-$8k ranges from summer to December, but it started to go up a lot in December and by the end of it we had $20k bitcoin price, which means all it took was a month before bitcoin can became $20k.

However that was a huge hype that changed the shape of bitcoin world forever, could we have another hype like that? Sure we can, is it likely? Its not likely at all. On a regular market without anything extraordinary bitcoin will probably max out at around $15k and not go above that, but bitcoin is always extraordinary so I can't say anything just yet.