Bitcoin Forum

Economy => Speculation => Topic started by: Shaheer Arshad on July 31, 2020, 03:23:02 PM



Title: Bitcoin will touch the high price in 2020?
Post by: Shaheer Arshad on July 31, 2020, 03:23:02 PM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$


Title: Re: Bitcoin will touch the high price in 2020?
Post by: CryptoTalk365 on July 31, 2020, 03:25:33 PM
If it crosses 15k then I think it will be enough for this year. BTC has already suffered the price because of the epidemic and other financial crises. The market looks stable for now and hope this will be work as support and price will go up from here. But we can not predict the future so other people may not agree.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: seoincorporation on July 31, 2020, 03:47:17 PM
If you see the trend on the graphs you can see the new ALH doesn't happen the same year of the halving, i think the new ATH will be in 2022... and for that time we can expect something like $100k each coin.

Is just speculation buddy, remember, with cryptos everything is possible.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: dj3345 on July 31, 2020, 03:52:26 PM
The year is not over yet so maybe, hopefully it could touch the highest price but I do not give conclusion on this, because as we all know BTC is very volatile and has unpredictable movement. We are seeing BTC going up but no knows it will drop later in the year. Let's just enjoys what BTC has offer for now and do right decision in order to take advantage of the situation. Since, BTC is moving upward holding it may give extra profit for us in the coming months.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: BrewMaster on July 31, 2020, 04:23:12 PM
If you see the trend on the graphs you can see the new ALH doesn't happen the same year of the halving, i think the new ATH will be in 2022... and for that time we can expect something like $100k each coin.

Is just speculation buddy, remember, with cryptos everything is possible.

i personally don't like speculating like this too much focusing on the past performance but if we were to do it, last halving was mid 2016 and the bull run started in 2016 and ATH was in 2017.
this halving was in mid 2020 and it should end up with ATH in 2021 not 2022!

so far the trend feels the same with the huge drop of the nearly same size as 2015, the recovery that slowly followed and now we are in beginning of 2017 where the rises has to start.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: rodskee on July 31, 2020, 04:35:33 PM
If you see the trend on the graphs you can see the new ALH doesn't happen the same year of the halving, i think the new ATH will be in 2022... and for that time we can expect something like $100k each coin.

Is just speculation buddy, remember, with cryptos everything is possible.

Following the same sentiments from those previous runs that happened inside
this industry, like what you have said
Things didn't take place same year with halving momentum is forming though
after halving and the actual rise
showed up after a year and bring great value to our invested money, if history
will be the same then we are going
to expect again another rise, not good in numbers but I'm also positive that
it can be more higher than the last ATH.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: shield132 on July 31, 2020, 06:57:07 PM
We can't exclude any version there cause we have a lot of arguments on both side. Personally I think it will reach it's all time high and even surpass at the end of 2020 or in the begining of 2021, like it happened previously.
At the same time we don't have to forget that bitcoin kept regular 9k price during this pandemic and despite the fact of a lot of pessimistic predictions and expectations, I would say that bitcoin rised.

If we consider what I mentioned above and add another fact that bitcoin hit 11k right now (doesn't mean much but still...) and people have positive feelings in overall because of past experience from previous halving, I think this will happen and bitcoin will rise like phoenix.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: mersal on July 31, 2020, 07:10:17 PM
so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$
Is there any proof to validate your statement? In 2020 none of the government is going to concentrate on the cryptos because they are in economical crisis so they have to do lot of things to get recover from it.

If the current trend keep continues then new all time high for bitcoin is possible but I am not sure that how long this trend will follow so don't wanna comment about the all time high of 2020.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Upgrade00 on July 31, 2020, 07:17:17 PM
I'm more concerned with price sustainability than the highest peak reached. During the previous ATH the price peaked at almost $20k at the end of the year, however the average price throughout the year was much lower than that, and the price quickly plummeted after that.

So far this year we have witnessed increased stability, registering the highest annual average price. If we can have slow organic growth Bitcoin could attain and maintain high peaks, rather than a rinse and repeat profiting.
Of course, there has to be drops after spikes due to speculation and panic sellers (who fear a price drop),  but if this correction is not too wide, it would be a huge positive and could lead to more adoption of bitcoin.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Kelvinid on July 31, 2020, 11:38:14 PM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$
If you are having a pool to this, I have to choose $25,000 because there is no other option below that.

TBH, I won't be more optimistic this time as the reality that we can make such surge and reach to ATH again year due to the economic troubled situation. We saw an uptrend momentum by now but that is a far to reach at $33k even that $25k. I know that the market is unpredictable and all seems to be possible but we also have to know the capability of it and seeing there is no such huge change in the market resistance. However, I was looking forward to see it in a bullish market next year.

https://cryptopotato.com/bitcoin-price-analysis/


Title: Re: Bitcoin will touch the high price in 2020?
Post by: LogitechMouse on August 01, 2020, 12:07:06 AM
Still this is possible but if you will look at the historical data of Bitcoin and its movement after its halving, the pump happened the next year and not the same year as the halving happened.

In short, there is a higher chance that the ATH will be reach around next year or maybe 2022 but higher chance that it will happen next year since that is its price movement in the past 2 halvings. Even the lowest price that you've predicted which is $25,000 is a bit optimistic for me and the fact that people are suffering right now globally because of the pandemic can affect the price too since most of the investors doesn't have any money to invest with.

There is a high chance also that this pump that recently happened have been done by rich people only and large institutions just to create a bit of hype in the market. No evidence though just an assumption.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Ayiranorea on August 01, 2020, 01:38:51 AM
If you see the trend on the graphs you can see the new ALH doesn't happen the same year of the halving, i think the new ATH will be in 2022... and for that time we can expect something like $100k each coin.

Is just speculation buddy, remember, with cryptos everything is possible.
2022 means a large time gap from the present. Upon the same what's been stated as the price for 2022 can be reached. There is a big expectation for the year 2020. Everything got collapsed with the pandemic that happened all around. Based on the same the price can't be expected to reach high. The gradual growth as now can happen throughout this year, which is good for the market.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: cryptomaniac_xxx on August 01, 2020, 05:02:10 AM
I'm more concerned with price sustainability than the highest peak reached. During the previous ATH the price peaked at almost $20k at the end of the year, however the average price throughout the year was much lower than that, and the price quickly plummeted after that.
It's because we're already in the bubble that time, so after reaching ATH, the bubble then are burst and next come the bear market.

So far this year we have witnessed increased stability, registering the highest annual average price. If we can have slow organic growth Bitcoin could attain and maintain high peaks, rather than a rinse and repeat profiting.
Of course, there has to be drops after spikes due to speculation and panic sellers (who fear a price drop),  but if this correction is not too wide, it would be a huge positive and could lead to more adoption of bitcoin.
We could see some drops, or as others wanted to put it, healthy correction. But I'm not seeing any ATH this year, we may get close, but it the 4 year pattern are going to be used as a gauge for future price, it could be 2021.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: exstasie on August 01, 2020, 10:42:19 AM
Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

None of the above. In my opinion, not in 2020.

I believe the March-August rally is a Wave 1 in a new impulsive bull market. I expect this wave to top out somewhere in the $12K-$17K range sometime in the next several weeks. Then comes a multi-month bearish correction (Wave 2). Summer 2016 is one example.

Time is always difficult to guess but with all that in mind, I think BTC will be nearing its ATH in early (possibly mid) 2021.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Jating on August 01, 2020, 11:31:13 AM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

If we will see a fresh new wave of investors, then we might see all time high this year. But it's not always the case, we are still in the pandemic and we might see more retail investors reluctant to join because the price is already too high for most of them.

So I'm banking of institutional money, however, it seems that they have accumulated during the bear cycle. I'm don't know where you get the idea that bitcoin will be legalised by countries argument. Bitcoin is a free market, no one can stop it or even ban them. So I'm leaning towards not seeing all time high in 2020. The market is still immature to push the price to that levels. And we really don't know what or when will be the next bubble. But in 2021, we're going to see how everything will fit the puzzle.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: ScamViruS on August 01, 2020, 11:45:45 AM
No one can say exactly which target Bitcoin will go to. It all depends on the market. But if we check the history of Bitcoin we will understand what is actually happening. BTCUSDT Monthly Closes Above 10900 Since Dec 2017 which will give more confidence to the traders. But I think here, you still need a lot of time to achieve any of target. The market does not move forward without correction. For some reason, creating hype in the market does not mean bull market started. Since I am a long-term bitcoin holder, I am not overjoyed at the temporary price change in the market. I will make more observations of the market before I make any kind of decision.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: diazepam666 on August 01, 2020, 12:36:05 PM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$
Every year we plan some huge expectation of Bitcoin, so you think it will be touch.
1. 25,000$
2. 33,000$
3. 50,000$
4. 100,000$
In reality we can't predict the Bitcoin so I expect it can reach 15k to 17k USD. Once it will reach my prediction I am happy to start the next year booming. Already many countries are slowly accepting the Bitcoin so we expect more growth on further day.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: ethereumhunter on August 01, 2020, 01:04:17 PM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

Well, I don't know how much bitcoin price will be because we already touch $11k, and it still needs more time to increase and touch $12k and the other high price. It could be possible to break that price if many people want to buy bitcoin so that the price will go up and down many times. I don't expect to see the bitcoin price will increase so high because the conditions now still can not be predicted, and I prefer to follow where the price will move.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Emitdama on August 01, 2020, 02:47:16 PM
Why are the options so high? I mean don't get me wrong any of them could hit but at the same time not all of them could happen neither, we don't know so I would suggest having more options if you ask me. Like for example just say 10-15k , 15k-20k, 20k-25k, 25k.. and so forth that way people could pick a lot better. I would say somewhere between 15k and 20k would be realistic and honestly I am betting on that with my money right now.

I have bought a lot lower but I am not selling right now and taking my profit, if the price goes down that means I could have profited 2x but failed to do so because I believed it would go up yet failed, but if I am right and the price goes over 17-18k that means I am going to 3x instead of 2x and that would really pay off very well for me.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: CryptopreneurBrainboss on August 01, 2020, 03:15:24 PM
Why are the options so high? I mean don't get me wrong any of them could hit but at the same time not all of them could happen neither, we don't know so I would suggest having more options if you ask me. Like for example just say 10-15k , 15k-20k, 20k-25k, 25k.. and so forth that way people could pick a lot better. I would say somewhere between 15k and 20k would be realistic and honestly I am betting on that with my money right now.

Seconding that partially but I believe the reason behind the high prediction is due to the recent movement of the market. You can blame them for been very optimistic, even you predicting between that price range is as a result of your been optimistic too but their's more high probably due to some factors best known to them.

2020 mightn't get us to the previous all time high but it'll definitely set the ground running for 2021 bullrun and hopefully 2021 will be friendly generally, unlike all the crisis 2020 brought. The best I think we can get from the bitcoin bullrun is $18k but I stand to be corrected when the unthinkable happens and bitcoin surprises everyone by outperforming it's all time high.

While we hope for the best for bitcoin, lets not neglect the potential of the ethereum ecosystem and its price increase.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Rengga Jati on August 01, 2020, 11:23:14 PM
No one can say exactly which target Bitcoin will go to. It all depends on the market.
Agree, it depends on the current demand for Bitcoin in the market. Also, sometimes relies on the positive news related to the Bitcoin. Once there is bad news, it may destroy the bullish suddenly. So, the prediction of the next target to reach by Bitcoin in the near future can change anytime if there is something to trigger it.

Since I am a long-term bitcoin holder, I am not overjoyed at the temporary price change in the market. I will make more observations of the market before I make any kind of decision.
This must be noted by all people. It is much better to do our own research and don't depend on the prediction channels or even the expert's saying. There is no prediction with 100% accuracy in crypto prices. The volatility makes Bitcoin or altcoins to be hard to predict. In addition, in some cases, some people or even popular people have a certain purpose in predicting bullish of Bitcoin price. 


Title: Re: Bitcoin will touch the high price in 2020?
Post by: noormcs5 on August 02, 2020, 04:53:02 AM
If it crosses 15k then I think it will be enough for this year. BTC has already suffered the price because of the epidemic and other financial crises. The market looks stable for now and hope this will be work as support and price will go up from here. But we can not predict the future so other people may not agree.

There is no limit for bitcoin and 15K is not a big target compare to what we are witnessing these days, the pump in the market. I think if this continues we may see 20K in this year and even 25 K is possible because as we go higher there will be no or less resistance.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: davis196 on August 03, 2020, 05:00:39 AM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

You are way too optimistic.I think that 15K USD is the absolute top for the Bitcoin price.
The current price increase kinda lost momentum and there might be a price correction back to 10K USD(which isn't something bad).I'm expecting big Bitcoin price bubbles to happen in the next year,due to the massive quantitative easing and fiscal stimulus packs.
What do you mean by "so many countries will legal Bitcoin"?Bitcoin is already legal is most of the world.
Do you have some secret information? ;D Can you mention a few countries that will legalize Bitcoin?




Title: Re: Bitcoin will touch the high price in 2020?
Post by: NavI_027 on August 03, 2020, 09:56:09 AM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.
Really? What countries to be exact? I would like to know hihihi. But you know what, actually I doubt many countries will adopt in this time of pandemic. You know, even the rich countries are having a hard time to survive and continue their usual businesses so what more for the smaller countries unless they're not affected by covid.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$
Hmm, what I'm feeling is non of teh above. Yeah! We're experiencing a pump season lately but this is not yet a sure sign that we are now heading to bull run. Besides, we are now on the 3rd quarter of the year thus btc price no longer have plenty of time to reach those prices. Maybe next year, let's see :). (but $100k seems ideal at this moment)


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Harlot on August 03, 2020, 12:17:34 PM
I love your optimism here but with the lack of analysis you have backing up your claims I think that you are just assuming things even your assumption in the world markets is wrong as S&P 100 has officially recovered from it's price dump. If you are assuming that the legality of Bitcoin is the only obstacle here for Bitcoin's bull run than think again. Majority of the countries we have are at least accepting cryptocurrencies in their country yet it didn't trigger any kind of bull run so I think legality here is not the catalyst that we are looking for but instead mass adoption or any kind of real type use where a considerable number is using crypto not only in trading but as means of payment.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Cheesus on August 03, 2020, 02:03:52 PM
In this world crisis, Bitcoin is doing far better and even we can dream for a new all-time high this year. I thought this year we Won't see the better market for Bitcoin because of Covid19, but the halving effect seems working for Bitcoin and Ethereum also doing well, so, I am optimistic to see Bitcoin at 25K USD within the next 5 months, though I won’t be sad if it Doesn't hit, because we have the whole 2021 for that!


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Yamifoud on August 03, 2020, 02:17:50 PM
In this world crisis, Bitcoin is doing far better and even we can dream for a new all-time high this year. I thought this year we Won't see the better market for Bitcoin because of Covid19, but the halving effect seems working for Bitcoin and Ethereum also doing well, so, I am optimistic to see Bitcoin at 25K USD within the next 5 months, though I won’t be sad if it Doesn't hit, because we have the whole 2021 for that!
This is to imply that the crypto market is not correlated to the global stock market and that is to say that crypto has a better future.

I could see a "Cause and Effect relationship" by now. From Fiat to digital transformation, it was a huge market innovation that makes people to adopt crypto at this pandemic and encourage people to get in. I know that most of us are shocked to see how the market it surges despite of the current situation but likely it was a positive result from a massive market adoption. Then it has to think a sustainable market growth if the crisis will go farther but I wasn't very optimistic with the market to reach beyond $20k.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: fullhdpixel on August 03, 2020, 02:56:12 PM
The price actually goes up in a way but it has been stopped for a while, that means we are back to bull mode. Normally a regular increase that we do not call (not all increases in prices are bulls) stops after one move, like let's say it goes from 9k to 11k and stops that is not a bull, that is an increase, but if it goes from 9k to 9.5k one day, next day 9.5k to 10.3k and nex.. continues like that constantly, that is a bull run. That is why I believe right now we are living in the perfect example of a bull run and I believe we are going to go up even beyond the ATH very soon.

I still wouldn't buy from here, why would I risk it when the price went up when I could have bought when its cheap, but that doesn't mean I believe it will go down, that is just a principle I have in trading world.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Ridwan Fauzi on August 03, 2020, 03:47:14 PM
We can't specifically predict how much bitcoin's price at the end of this year. It could be pass through the priviois all time high $20.000 or below that price. Or even, the price of $20.000 can be reach before the end of this year like in september or october. Because if we see the current price movement when good sentiment ongoing to increase $1000 just need a few hours.

Just focus on your intention, I mean when you have been predicted that bitcoin price will touch another all time high you may need to prepare. Buy bitcoin as much as bitcoin as you can and hold it until the high price that you have predicted is reached. Also, I agree for those who says don't just follow the other people's prediction even if it's an expert, they could be wrong. Don't forget to set management risk, bitcoin's price is highly volatile you may lose your money in several times.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: el kaka22 on August 03, 2020, 04:47:34 PM
Right now everything looks to be going great, I believe there is a chance that bitcoin could definitely reach a new high level if it continues like this. Do not be fooled by the drop because corrections always happens during the big increase periods, look at the $20k period and how it got there, there were multiple times when the price went down a bit before it reached $20k so that means that we are still on the right path.

Now that doesn't mean we will reach there but the potential and the outlook looks to be like bitcoin will reach those new highs. Of course in order to do that we should not be pessimistic about our future and not spread FUD along the way as well, as long as we are all hyped and continue that hype towards our messages around the crypto world, it should continue to go up.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: bitbunnny on August 03, 2020, 08:06:48 PM
If it crosses 15k then I think it will be enough for this year. BTC has already suffered the price because of the epidemic and other financial crises. The market looks stable for now and hope this will be work as support and price will go up from here. But we can not predict the future so other people may not agree.

There is no limit for bitcoin and 15K is not a big target compare to what we are witnessing these days, the pump in the market. I think if this continues we may see 20K in this year and even 25 K is possible because as we go higher there will be no or less resistance.

I'm not so convinced that Bitcoin will go so high. Everything is looking fine when price is  on the rise but don't forget how easy that can change. Just think how long it took for price to get over 10000$ and that still doesn't mean it will stay there. At the moment we don't have so smooth and continuous growth so I don't think that 15000$ is easy target.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: aioc on August 04, 2020, 04:51:21 AM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

The most realistic price or that will come close id $25000 based on how the price move within a span of three months the movement is slow but stable if nothing big is happening or no big news coming in we are lucky if it jump to $25000 but hoping that it will move up further even if we are in pandemic.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: maydna on August 04, 2020, 08:49:46 AM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

The most realistic price or that will come close id $25000 based on how the price move within a span of three months the movement is slow but stable if nothing big is happening or no big news coming in we are lucky if it jump to $25000 but hoping that it will move up further even if we are in pandemic.

I think the same thing as you. Perhaps, the price will be ranging at $25k-$50k in these situations, and in the next year and the rest, perhaps, we will see less than $100k. In the next halving, we might have seen the price at more than $50k-$100k or even higher, but the market can decide itself without notice, and we can only wait for what will happen with the market.

If bitcoin price can jump to $15k in a short time, and the price still increases to $20k, I think that will be a good sign for us because we will see another new ATH this year or next year. We will have the possibility to make a lot of money from bitcoin, and we also can make a profit from altcoin.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Spaffin on August 04, 2020, 03:01:36 PM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

The most realistic price or that will come close id $25000 based on how the price move within a span of three months the movement is slow but stable if nothing big is happening or no big news coming in we are lucky if it jump to $25000 but hoping that it will move up further even if we are in pandemic.
And yet, even in a pandemic, the cryptocurrency market is showing very good results. I help that This suggests that investors are more likely leaving more familiar and less profitable assets in favor of cryptocurrencies. This is why, when the economies of many countries are suffering very badly, the cryptocurrency market receives a high degree of attention from investors who previously did not want to take risks with cryptocurrency, but today saw great potential despite the volatility.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: smyslov on August 04, 2020, 04:00:05 PM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$
Still hanging we are still halfway so far the market is doing good this is the best price this year, so many good things to expect Bitcoin is making a good comeback after two years of bad performance, could have come at the best time when we are struggling in this pandemic, I really thought that Bitcoin will lose value when the market crash thanks to the whale's support.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Eugenar on August 05, 2020, 03:32:48 AM
It is really hard to tell. Recently, there was a sudden increase in its market price and the majority thought it would be already the start of a bullish season for Bitcoin and other cryptos. But again, its price stopped at a certain point.  Its ATH is around the $20,000 mark and I think the gap is just that big and won't be easily covert by temporary increase in its value, for a short period of time.

So if ever this year, with doubts, will be again a year wherein cryptos would go "up", I think it is too early to conclude for this year. Its mrket value could climb in  sudden, or go down. Who knows? So if you are planning to invest, think twice and be ready.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: AmoreJaz on August 05, 2020, 03:49:11 AM
It is really hard to tell. Recently, there was a sudden increase in its market price and the majority thought it would be already the start of a bullish season for Bitcoin and other cryptos. But again, its price stopped at a certain point.  Its ATH is around the $20,000 mark and I think the gap is just that big and won't be easily covert by temporary increase in its value, for a short period of time.

So if ever this year, with doubts, will be again a year wherein cryptos would go "up", I think it is too early to conclude for this year. Its mrket value could climb in  sudden, or go down. Who knows? So if you are planning to invest, think twice and be ready.

achieving the $15-20k level this year will not be easy. but the possibility is always there. if you want to invest in bitcoin, you have to ask yourself if it will be for short term or long term? you can also get profit even in short term trading. just exercise the simple rule of trading - buy low, sell high. dont be greedy, as it will mess up your plans. as long as you are on the positive side. youre good to go.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Fundamentals Of on August 05, 2020, 03:52:53 AM
It will reach high price in 2020 of course but whether it is a new all time high or not I am not sure. But I would already be very happy and fulfilled if Bitcoin will close this terrible year with its price closing at around $17,000.

Forget about the $33,000, $50,000, and $100,000 for now. They will come later.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Janation on August 05, 2020, 04:48:19 AM
I think we will not have an ATH this year.

The price is quite good in terms of movement these days but with some people here needing some profits they can use to sustain themselves withva long low price in the past months, it may just go back and forth from high and low. As I said 4 to 5 digit price.

We might reach $20K but I doubt it will be much better than that.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: beerlover on August 05, 2020, 06:00:33 PM
Halving does effect bitcoin price a bit but people are overreacting on how much it does, by the looks of it miners didn't cared about the fall of their rewards because they could just spike up the transaction costs. Many places now charges you about 5-10 bucks just to withdraw your money because the miners are charging the same amount of bitcoin they used to while bitcoin price goes up and they even charge more to make it very quick as well.

So, basically they are not worried about "lack of income" from the halving, because they found another method they could make their money hence why halving didn't change the price like we all imagined it would. In any case we should be looking at somewhere between $15k-$20k if you ask me, I am not expecting something huge.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Reatim on August 05, 2020, 06:13:40 PM
It will reach high price in 2020 of course but whether it is a new all time high or not I am not sure. But I would already be very happy and fulfilled if Bitcoin will close this terrible year with its price closing at around $17,000.

Forget about the $33,000, $50,000, and $100,000 for now. They will come later.

Oh that's more realistic than thinking of that high range and be disappointed whenever you see the downfall comes your way.

Predicting the value of this coin is everyone's desire, there are lots of experts and speculator who are trying
to sort things up and predict the range where bitcoin will proceed.

Closer price from the last time ATH and then next year will double would be an interesting movement.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: STT on August 05, 2020, 07:31:55 PM
I think its set for a pullback near term, its rising on lower volume then previously which I'd guess makes it less stable.   I've seen some dramatic charts that predict it will gain alot on a macro basis but my argument with that is year to year predictions allow alot of leeway for price variance and time for trend to occur.

https://talkimg.com/images/2023/06/12/Aof9C.png

Last week was ok volume but the week before that was below average and we'd been low volume for a while before this latest break through.    I actually believe BTC touching a high in 2020 represents a negative, in terms of price stability and its growth long term its better if it coils up in a stable manner not parabolic which ends up being viewed retrospectively as a spike.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Onuohakk on August 05, 2020, 07:51:21 PM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$
It won't be possible for us to see bitcoin price rally between the price you predicted this year. Albeit the market looks bullish, but the price of bitcoin won't exceed above $15k this year, due to the global pandemic affecting the world's economy.
Highly believed that next year will be a fascinating year for bitcoin price to skyrocket to her ATH


Title: Re: Bitcoin will touch the high price in 2020?
Post by: AjithBtc on August 06, 2020, 01:27:36 AM
In an unexpected time period the market reach its all time high value. After reaching the peak value, the reason was connected with the halving that took place an year ago. Considering similar growth pattern, this time I believe the market will make its new ath value by the falling year 2021. Same will be the year for ethereum in my personal view.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Slow death on August 06, 2020, 01:06:09 PM
Dreaming is a very good thing because you don't pay tax, but the reality is showing us that it is impossible to reach $ 25,000 this year because look at the month we are in and look at how many months are left until December, we are talking about 4 months left until December. even if the price is now $11700, we still need to break $13000, something very difficult in my opinion. If we are more realistic I would say that $ 15,000 for 2020 is already very good


Title: Re: Bitcoin will touch the high price in 2020?
Post by: maydna on August 06, 2020, 01:36:18 PM
In an unexpected time period the market reach its all time high value. After reaching the peak value, the reason was connected with the halving that took place an year ago. Considering similar growth pattern, this time I believe the market will make its new ath value by the falling year 2021. Same will be the year for ethereum in my personal view.
The new ATH is likely to be reached when the bitcoin price hits a price of $ 16k or more this year. I honestly also hope that the price of bitcoin can reach a high price this year, even reaching a new ATH. However, the price above seems to have become an important point to reach the new ATH in 2021.

I am sure that will happen soon, no matter if it will happen this year or next year because bitcoin price still trying to break every high price level. If the price breaks the new ATH in 2021, then we still have much time to earn more and more bitcoin, and I think we can make more bitcoin by trading bitcoin pair altcoin since the altcoin increased. But we need to search for the right coin and analyze it, so we can have the chance to make a profit. The bitcoin price will break $12k soon because we almost touch that price, so we need to be more patient to wait.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: electronicash on August 06, 2020, 02:17:01 PM


with the rate of increase I'm about to believe it will really go beyond the ATH this year alone. if every week its breaks another resistance, it will likely go $20k before the year end. just something that i'm just speculating but probably $25K at the most conservative prediction.

whats fuzzy though is that its only BTC that kept rising and altcoins are just not. there will be mini bulltrap along these pumps.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: cryptomaniac_xxx on August 07, 2020, 06:59:47 AM
with the rate of increase I'm about to believe it will really go beyond the ATH this year alone. if every week its breaks another resistance, it will likely go $20k before the year end. just something that i'm just speculating but probably $25K at the most conservative prediction.
That is, when we continue to build on a bullish signals. But it is not, we need some pullback so I'm leaning towards around $15k this year.

whats fuzzy though is that its only BTC that kept rising and altcoins are just not. there will be mini bulltrap along these pumps.
Some major altcoins are also rising, check Eth right now, it's about to break $400. But as far as hitting it's ATH, it is still far but at least they are moving in the right direction this 2020. So 2021 is the year wherein we might be in for a big surprised specially BTC.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: el kaka22 on August 07, 2020, 07:45:58 PM
with the rate of increase I'm about to believe it will really go beyond the ATH this year alone. if every week its breaks another resistance, it will likely go $20k before the year end. just something that i'm just speculating but probably $25K at the most conservative prediction.
That is, when we continue to build on a bullish signals. But it is not, we need some pullback so I'm leaning towards around $15k this year.
I doubt we can't have both of what you guys are saying, I mean isn't it both possible and not just irrelevant from each other.
I feel like we could definitely reach to above 20k levels and we could totally pull back to 15k, couldn't that be a possibility?

I feel like people are making this out to be a bit more difficult than it is, reaching 20k was done once before and I know it hasn't happened in 3 years or so and that is why people are acting like they are not going to see it ever again but that is just overreacting, it has happened once before and so it could happen again and do it very quickly as well.

However just like the last time, we could have a pullback after reaching the ATH prices but this time around I think we will have a higher highs and higher lows as well.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: dunfida on August 07, 2020, 11:06:34 PM
with the rate of increase I'm about to believe it will really go beyond the ATH this year alone. if every week its breaks another resistance, it will likely go $20k before the year end. just something that i'm just speculating but probably $25K at the most conservative prediction.
That is, when we continue to build on a bullish signals. But it is not, we need some pullback so I'm leaning towards around $15k this year.
I doubt we can't have both of what you guys are saying, I mean isn't it both possible and not just irrelevant from each other.
I feel like we could definitely reach to above 20k levels and we could totally pull back to 15k, couldn't that be a possibility?

I feel like people are making this out to be a bit more difficult than it is, reaching 20k was done once before and I know it hasn't happened in 3 years or so and that is why people are acting like they are not going to see it ever again but that is just overreacting, it has happened once before and so it could happen again and do it very quickly as well.

However just like the last time, we could have a pullback after reaching the ATH prices but this time around I think we will have a higher highs and higher lows as well.
Nothing is certain when we do talk about on things that would gonna happen in future but being too optimistic is just somewhat not really that recommended.We can predict
all we want but we should be at least realistic in numbers.We have seen several threads talking about not reaching ATH or even reaching 500k to 1M prices but to think first
that we have reached 20k last time then we would definitely able to break it out but theres no definite time on this one since all is too unpredictable.For now the thing
we can only do is to wait up for the time or we can still utilize these current movements to make profits without the need on waiting up too much.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: bangkecol on August 08, 2020, 07:46:17 AM
yes, I surely believe that bitcoin will touch the high price in this year. Because with this pandemic situation more people will invest on cryptocurrency .
In my opinion bitcoin will touch about $15k.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: shoreno on August 08, 2020, 08:11:00 AM
its uesless if a country legalize bitcoin but if the crisis is still there  because people  cant still buy btc even if they are excited

 . id be more happy if a government do useful move rather that will be more beneficial during this time of crisis. their legalization of btc is late to be honest but what can we do now ? thats better than nothing  .  atleast there are positivity that happens and not only full of negativity started by the covid thing


Title: Re: Bitcoin will touch the high price in 2020?
Post by: iv4n on August 08, 2020, 02:16:56 PM
I doubt in this higher prices this year, higher than last ath. We can be happy with this price now, just to stay at this levels for the next year. If this is a new bottom, over $10k that should be a great thing for all of us and the rise that waits us in the next year.
When you look at the charts feom16/17 you can catch some similarities with what we have now. Just numbers are higher, and if we judge by the charts from history we will see some significant rise next year.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Ridwan Fauzi on August 08, 2020, 11:42:19 PM
yes, I surely believe that bitcoin will touch the high price in this year. Because with this pandemic situation more people will invest on cryptocurrency .
In my opinion bitcoin will touch about $15k.
Have you check the gold price currently? Its price now has touched its new all time high and traded above $2030 now, it means there will be many people who will spend their money to buy gold.

I know some information about stimulus from US governement and if this stimulus has been sending for US citizent then we will see the volatility price, pointed out that many people now are aware against investing.

But I have no confident if many people in US especially will spend their money into bitcoin since just a few person who knows bitcoin there. So as most people will choose gold and another safe heaven asset to storing their money  in this pandemic situation yeah maybe a few of them choose crypton currency.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Yamifoud on August 08, 2020, 11:52:25 PM
Even though the crypto market was able to recover quickly during this time of the pandemic it still won't be able to hit the prices you mention about 25K, 33k, 50k, 100k or say the target achievement is 25k this year which I'm sure won't happen this year or at the end of this year. If the crypto market recovery can continue to be good towards the end of the year then a bigger pump is likely to occur in the following year which is the prediction of the bullrun market.
I'm excited to see how the market behaves next year, one year from halving. I'd never disclosed such magic coz everything could be possible but this year 2020, I agree with you that it never looks like that. Maybe we are lucky if we can reach and hold that $15k this December because we know the pandemic crisis, it hugely affects the global market and it holds people not to spend their money in investing and buying Bitcoin. Even though we can't assure that it will finally be gone next year but hearing those vaccines coming it's likely to inspire us to see this over.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Botnake on August 08, 2020, 11:54:08 PM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$


If there's a chance it will touch a new high, I would choose the lowest on the choices, for a very simple reason that I don't want bitcoin to dump even more because it will correct when it's overvalued due to FOMO.

So my answer to that question is yes, it's possible if... pay attention to the word if.. if bitcoin remains bullish and altcoins will have the same behavior.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: AmoreJaz on August 09, 2020, 01:20:12 AM
Even though the crypto market was able to recover quickly during this time of the pandemic it still won't be able to hit the prices you mention about 25K, 33k, 50k, 100k or say the target achievement is 25k this year which I'm sure won't happen this year or at the end of this year. If the crypto market recovery can continue to be good towards the end of the year then a bigger pump is likely to occur in the following year which is the prediction of the bullrun market.
I'm excited to see how the market behaves next year, one year from halving. I'd never disclosed such magic coz everything could be possible but this year 2020, I agree with you that it never looks like that. Maybe we are lucky if we can reach and hold that $15k this December because we know the pandemic crisis, it hugely affects the global market and it holds people not to spend their money in investing and buying Bitcoin. Even though we can't assure that it will finally be gone next year but hearing those vaccines coming it's likely to inspire us to see this over.

with the pandemic not yet over, it's hard to see a new ATH this year. but bitcoin performance in the last couple of weeks is already astounding. as we are nearing 12k, further increase is on the way. the price levels mentioned by the OP are really high imo. we need to be realistic so our actions will be realistic as well and not regret whatever decisions we made in terms of investments.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: STT on August 09, 2020, 04:54:19 AM
^^ Makes sense but also BTC is not centred on an economy as such, its an exchange of value system thats outside the traditional Dollar bias.   I dont want to see economic pullback, poor health & deaths with overspending but the sum total is weak currency which on balance benefits BTC.    This rise since March has been way too strong already not to observe crypto is gaining some benefit in its ratio to weak Dollar standards and FIAT currency generally.

A high price in dollars is possible because the dollar is worth less in 2020 then 2017, so nominally we can see a higher number if currency flow allows it and enough value comes this way.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: glowing10 on August 09, 2020, 06:48:27 AM
I doubt in this higher prices this year, higher than last ath. We can be happy with this price now, just to stay at this levels for the next year. If this is a new bottom, over $10k that should be a great thing for all of us and the rise that waits us in the next year.
When you look at the charts feom16/17 you can catch some similarities with what we have now. Just numbers are higher, and if we judge by the charts from history we will see some significant rise next year.

I agree that firstly if it ends up 10k above in this year we have achieved the first thing. Secondly now it is testing 12k range just like how it was 10k which could not break for few months. So if it can cross and stays above this levels then we can see it can be above 12k range by end o f2020 which would be the very good thing.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Rosilito on August 09, 2020, 10:27:14 AM
-
becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.
What made you say that? 'Cause I haven't seen any related news about that stuff. Well, I'd appreciate if you can provideo one though, so that discussion will become more appealing  ;).

To be honest, I'm not fond of prediction thing though but anyway, I don't think BTC would be able to reach new ATH or even hit ATH within this year 'cause I don't see any thing that would trigger it or any favorable circumstances. But you know, I'm kind of surprised, because despite the situation/problem everyone were facing right now, still, market display positive movement.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Febo on August 09, 2020, 04:07:33 PM
Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$


I give it little chance for Bitcoin to reach $25 in 2020. There will be huge resistance at $20k. We have 4 months left of this year.  I would not be surprised if we dont even touch $20k.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Reatim on August 10, 2020, 10:55:16 AM
Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$


I give it little chance for Bitcoin to reach $25 in 2020. There will be huge resistance at $20k. We have 4 months left of this year.  I would not be surprised if we don't even touch $20k.

That's much closer in case bitcoin pumped that hard before the end of the year, it's about how supports will established and how
 people will continue buying and holding this asset.

We still have time and we already witness this way back 2016 before that huge pumped back in
2017, might be different in terms of how things will be push thru since there's still virus that really
affects every investors mindsets and points of views.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: InvoKing on August 10, 2020, 11:35:12 PM
I give it little chance for Bitcoin to reach $25 in 2020. There will be huge resistance at $20k. We have 4 months left of this year.  I would not be surprised if we dont even touch $20k.

It seems it will hard to touch $20k this year, and maybe in the next year because bitcoin price is not moving fast. But if in 4 months, bitcoin price can increase every week, it will not be impossible if we will see $20k or even more this year. But I think if the price can touch $15k in these 4 months, that will be good for us because we can profit at that price.

It is hard to predict the bitcoin price next year. This year I think it is possible to reach $20k but it will require a lot of pump which isn't obvious until now. The resistance is quite solid around $12k!


Title: Re: Bitcoin will touch the high price in 2020?
Post by: coin-investor on August 11, 2020, 12:05:24 PM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

It's possible it's still 50/50 because of the pandemic we are in if we are not in the pandemic I can confidently say that the price can reach another all-time high, but since we are in I have a small doubt but I'm hoping we can reach another all-time many will be happy because we have been in a very long bear market.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Sanitough on August 11, 2020, 12:25:13 PM

It's possible it's still 50/50 because of the pandemic we are in if we are not in the pandemic I can confidently say that the price can reach another all-time high, but since we are in I have a small doubt but I'm hoping we can reach another all-time many will be happy because we have been in a very long bear market.

I think the reason why the price increase is because we are in the pandemic.

Compared to last year, bitcoin wasn't so bullish, and last year the economy is good, no pandemic, everything is normal, but this year could be the worst year since everyone is affected but it could be a good year for crypto based on the way bitcoin move.

Who would have thought bitcoin will be bullish after a big dump this year?
In fact, we already reach $12k though we didn't stay there but bitcoin is now continuously breaking big resistance.

Everyone could make a guess but I believe there is something big we can expect this year, and that is a new ATH.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Ridwan Fauzi on August 11, 2020, 02:13:16 PM
It is hard to predict the bitcoin price next year. This year I think it is possible to reach $20k but it will require a lot of pump which isn't obvious until now. The resistance is quite solid around $12k!
A few months ago bitcoin had been consilidated for three months to pass $10.000 barrier. At that time bitcoin had been traded at the range of $8.800-9.700 but after that when the trader believe bitcoin could reach $10.000 its price has been reached and until now bitcoin's price still showing in uptrend movement.

It could be like that, when we (trader/investor) believe that bitcoin can pass the privious all time high $20.000 actually when the price reach $20.000 we will be easy to find another all time high in the short term pariode. We just need a time and also the sentiment market that can lead to the bull run.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: supine on August 11, 2020, 05:38:57 PM
I don't really think that we would be seeing any new ATH in this year.
I think the highest that we could get would be around $15-17K  and we should really be happy when we reach it for me it would be a huge achievement in crypto again.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: tbterryboy on August 12, 2020, 06:48:09 PM
People are forgetting the fact that bitcoin technically doesn't have anything that keeps it low or high, it is only the people who buy and sell that matters and whatever they think is the price will be the price. Which means in a month we could have bitcoin over 50k, or we could not see that at all as well like we haven't seen that price in bitcoin history.

So, it is always possible to see a huge price for bitcoin but just because it is "possible" doesn't mean that it will happen like that and people would be all buying bitcoin like crazy to increase the price without a stop. So, I think the sensible price range right now is 15k-30k levels if bitcoin goes up, but it may not happen as well if people do not agree with me, I have already bought so mine could be just wishful thinking as well :D.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Quidat on August 12, 2020, 10:26:03 PM
People are forgetting the fact that bitcoin technically doesn't have anything that keeps it low or high, it is only the people who buy and sell that matters and whatever they think is the price will be the price. Which means in a month we could have bitcoin over 50k, or we could not see that at all as well like we haven't seen that price in bitcoin history.

So, it is always possible to see a huge price for bitcoin but just because it is "possible" doesn't mean that it will happen like that and people would be all buying bitcoin like crazy to increase the price without a stop. So, I think the sensible price range right now is 15k-30k levels if bitcoin goes up, but it may not happen as well if people do not agree with me, I have already bought so mine could be just wishful thinking as well :D.
We are all wishing into those high digits but we should always consider to be at least realistic on what we are presuming because price cant really reach that high if demand wont really be that high
compared into that 2017 bubble.Yeah its hard but we know that theres a possibility and its just too far off for someone to talk about 100k price in 2020.For 2020 then 13-15k would be ideal but if
price would break into much higher then it would be the better.For now the thing we can only do is to wait up and if you do able to buyback into those low prices in previous months then
patience would really be the main thing to be tested on.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Bezobraznike on August 13, 2020, 08:01:05 AM
I don't really think that we would be seeing any new ATH in this year.
I think the highest that we could get would be around $15-17K  and we should really be happy when we reach it for me it would be a huge achievement in crypto again.



Current barrier is at 12k levels and after crossing we can see it at 13k levels too. But yes 2020 will it be ATH is difficult to say though we should be seeing anywhere near 15k would be a real big thing as in a year’s timer it would have given very significant profits and should get stable 15k upwards.


   I don't believe that Bitcoin will reach new ATH this year as well. I think we can be happy with the current price, it's over $11k and
it's holding good. Little higher price, and we can be satisfied with Bitcoin performance for this year. It's good to open the next year
with some higher price, many of us here on forum expect a lot from next year.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: inanilujimi on August 13, 2020, 11:27:51 AM
We can only speculate about what's going on in the market, but don't really know which way the market is going, sometimes the crypto market goes upside down on what many people say.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: sana54210 on August 13, 2020, 01:40:53 PM
Could it touch the high price? It definitely could but the stagnant situation we have in bitcoin right now doesn't really feel like it is going up any time soon, buyers already bought and they are waiting, since they are not buying a lot anymore the sellers are taking over once again slowly, it is not a big take over right away but unless we get some more buyers the price can't handle this sell pressure forever.

You have to realize that bitcoin price has to go up as quickly as possible, if it doesn't and becomes a bit undecided that means sellers will creep back out and sell more to drop the price, which would help people who short and have high leverage as well so there is a big reason to keep pushing it down. I am not sure which way it will go but we need a push from buyers once again.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: reliable on August 13, 2020, 02:03:01 PM
We can only speculate about what's going on in the market, but don't really know which way the market is going, sometimes the crypto market goes upside down on what many people say.

The market is holding back the price of above 11500$ as yesterday it had gone low till 11150$ and bounced back from there. It rose till 12k but again fall back a bit and trading somewhere near 11600$ now. So, it seems for now this is the price range where bitcoin is finding its resistance. It would be best if it can continue to stay above the 11500$ for long time.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: LUCKMCFLY on August 13, 2020, 05:09:10 PM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

Most likely, the closest goal is for it to reach $ 33k, but that may take a little longer, if everything goes at its own pace without suffering a similar fundamental such as Covid-19, this movement may occur more. fast, however the problem of the world economy can make the movements of investors lean towards gold and Bitcoin, it is something subjective, because everyone wants to safeguard their money.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: bitgolden on August 14, 2020, 07:19:33 PM
Hopefully the price will continue to go up and test those high levels. I am not entirely sure which direction we will go to however it looks like bitcoin price didn't fall that further down, which means the buyers are not allowing the price to drop too much, which is a great indicator that there is still bullish increase in bitcoins future if you ask me. Obviously we can never know that for sure because anything could happen, however it is something we are definitely hopeful about, at least I am.

With some corrections and buyers keeping the price up, we could totally aim higher for the next bull run when the price goes up, at least at that point we will know that bitcoin price has a strong support and won't fall down too much.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Republikcoin.com on August 15, 2020, 05:11:06 AM
for now, I am pretty sure that bitcoin prices could exceed $ 13k or $ 14k by the end of the year, some predictions even say that bitcoin prices could go as high as $ 15k. This will certainly create new potential in 2021. Well, the most likely is when the price of bitcoin increases by thousands of dollars in just a few weeks. So, I think it is now possible for bitcoin to increase.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: KnightElite on August 15, 2020, 05:42:27 AM
Hopefully the price will continue to go up and test those high levels. I am not entirely sure which direction we will go to however it looks like bitcoin price didn't fall that further down, which means the buyers are not allowing the price to drop too much, which is a great indicator that there is still bullish increase in bitcoins future if you ask me. Obviously we can never know that for sure because anything could happen, however it is something we are definitely hopeful about, at least I am.

With some corrections and buyers keeping the price up, we could totally aim higher for the next bull run when the price goes up, at least at that point we will know that bitcoin price has a strong support and won't fall down too much.
The retracement of the bitcoin is good because the volume also decreased and it only means that it is a bullish sign. The consolidations in the daily chart are also good thing because the longer the consolidation the better as long as the trend will not become a sideways. Look at the support of the bitcoin, it is always holding which means that the demand in that area is pretty strong. Let's see if there will be a breakdown or breakout that will happen.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: lepbagong on August 15, 2020, 09:56:29 AM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

I don't see that bitcoin will touch the value you said for the end of this year, my prediction is that bitcoin ability will be able to touch $ 15K only, but it will likely go up high in the next year. This is based on the halving that has been passed in two periods, that after the halving, only a year later there will be a sharp increase.

The last halving is in 2020 and it is certain that it will happen in 2021, not in 2020, but there will indeed be an increase, but not as high as what has been said.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Kong Hey Pakboy on August 15, 2020, 12:39:13 PM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

I don't see that bitcoin will touch the value you said for the end of this year, my prediction is that bitcoin ability will be able to touch $ 15K only, but it will likely go up high in the next year. This is based on the halving that has been passed in two periods, that after the halving, only a year later there will be a sharp increase.

The last halving is in 2020 and it is certain that it will happen in 2021, not in 2020, but there will indeed be an increase, but not as high as what has been said.
Even we are in the middle of coronavirus crisis, bitcoin is still improving and becoming more stable after bitcoin halving was occured that bitcoin have already reach it's price to $12,000. So there is a chance for bitcoin to reach $15,000 before the end of the year of 2020 because a lot of people are now holding and buying more bitcoin.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Eternad on August 15, 2020, 12:46:55 PM
for now, I am pretty sure that bitcoin prices could exceed $ 13k or $ 14k by the end of the year, some predictions even say that bitcoin prices could go as high as $ 15k. This will certainly create new potential in 2021. Well, the most likely is when the price of bitcoin increases by thousands of dollars in just a few weeks. So, I think it is now possible for bitcoin to increase.
Bitcoin price may still increase this year but not to the point that it will goes too high. I don't think that these Pandemic can bring bitcoin to set new ATH, either the DeFi hypes or the shifting of some economy into legalizing bitcoin. While these reasons can bring more increase but not enough to fully reached a new ATH or what OP prices mentioned. Will see upto what amount BTC will set it's record this year.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: peterpanda on August 15, 2020, 02:47:44 PM
Price of the bitcoin is growing so quickly. We can hope that bitcoin will cross its best price. At the end of this year, bitcoin should hit $20k.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Furious 7 on August 15, 2020, 03:14:08 PM
Hopefully the price will continue to go up and test those high levels. I am not entirely sure which direction we will go to however it looks like bitcoin price didn't fall that further down, which means the buyers are not allowing the price to drop too much, which is a great indicator that there is still bullish increase in bitcoins future if you ask me. Obviously we can never know that for sure because anything could happen, however it is something we are definitely hopeful about, at least I am.

With some corrections and buyers keeping the price up, we could totally aim higher for the next bull run when the price goes up, at least at that point we will know that bitcoin price has a strong support and won't fall down too much.
The bullish trend is still continuing where this pumping seems like it will continue, yeah investors will not be bitcoin falling again because this is the peak where it will reach ATH again I think the supply will continue to increase with the current market conditions so whatever the indicator is, it is clear an increase bitcoin will continue to roll forward.

Maybe at this point in time it will still be holding below 12k but from the end of the year we will see how important it will be to see the increase happen again. Trust me


Title: Re: Bitcoin will touch the high price in 2020?
Post by: justdimin on August 16, 2020, 08:58:03 AM
I think the clearest choice there is is to wait and see and hope for the best because no matter how much we talk about it here, bitcoin will do what bitcoin will do and there is really nothing we can do. Do not get me wrong people buy and sell and that decides what bitcoin will do however "we" as in people on this forum or at least on this topic do not have enough power to change bitcoin and make it go anywhere without hurting ourselves (or even change it even if we are willing to lose money) because we are poor and not whales who can do that.

So, I would say that the best thing we could do right now is to just focus on what is going on at the current situation and just try to trade or invest according to NOW instead of looking that much ahead.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Inkdatar on August 16, 2020, 05:40:37 PM
The above prediction is too high so IMO once bitcoin price reaches $15k this year there's a possibility it could go higher than that. The trend right now on bitcoin still continues but the fact is we're not certain what's the highest price could attain this year. If this will further increase we will see the highest price by the year 2021, so still hopeful that bitcoin would not experience the outbreak and plummets again yet everything is possible. So still the price is really surprising for this year.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: SquallLeonhart on August 18, 2020, 11:02:48 PM
Honestly I am feeling like there is a chance that the world will get this corona thing once again and will get a lot worse. Look at people during this period and you will see that they are not really careful enough. I do not understand the "we can't stay inside for a year!!" argument, well maybe not a year (which should be done if that is what is required) but we were at home from middle of march to late may, after June people started to go out a bit and by the end of June we were all outside (yeah me too I accept).

I have seen so many people maskless or just wearing the mask on their arm because you know how you can get the virus from arm... idiots. So, basically with schools starting as well, we are 100% going to see a lot more death once again after September and this winter. That means price could actually go higher once again.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: atjiat on August 19, 2020, 04:04:44 PM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

$25 k is likely $33 k is probably $50 k is unlikely, I based my prediction on the current movement of the price there is no candlestick only common sense I rely on news that's coming along daily and of course, the global economic situation which is not good, but any predictions are not 100% correct, but we have to be realistic.
I believe that you were right about common sense, since it is common sense that today largely guides investors and other users of cryptocurrency. There will no longer be such situations as in 2017, because in my opinion everyone will be guided by clear rules and arguments.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: peterpanda on August 19, 2020, 06:13:05 PM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

$25 k is likely $33 k is probably $50 k is unlikely, I based my prediction on the current movement of the price there is no candlestick only common sense I rely on news that's coming along daily and of course, the global economic situation which is not good, but any predictions are not 100% correct, but we have to be realistic.
But in my opinion, bitcoin won't hit more than $25k in this year. Though bitcoin has a good value now, but it is not possible to reach $30k+ logically if we analysis it.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: carriebee on August 21, 2020, 04:10:53 PM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

None of the above for me although I like the movement of the price, the year when the market will blossom is probably next year, this is just the year that we are going to have a momentum the higher Bitcoin could reach this year is $20 k  provided that we maintain this movement in price.
We still have 4 months left before year end of 2020. I don't think $25k is reachable this year probably next year there’s a high chance in my opinion. Yes this is what we observe the movement of bitcoin is really positive so hopefully this time will soar high again.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: b1k4ng on August 22, 2020, 08:03:29 AM
before I answer your question about bitcoin price at the end of 2020, I want to ask first. where is the article that says if most countries will legalize bitcoin? which countries will legalize bitcoin in 2020? because until now in my country I still don't have the discourse to legalize bitcoin. :'(
I think the 2020 bitcoin price will only be under $ 20k


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Rana590 on August 23, 2020, 04:00:10 AM
before I answer your question about bitcoin price at the end of 2020, I want to ask first. where is the article that says if most countries will legalize bitcoin? which countries will legalize bitcoin in 2020? because until now in my country I still don't have the discourse to legalize bitcoin. :'(
I think the 2020 bitcoin price will only be under $ 20k
Yes, there is no strong prove that most of the countries will accept bitcoin as their legal currency. But it is a great news that a lot of new users are showing interest to join with bitcoin everyday.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: kotajikikox on August 23, 2020, 05:57:26 AM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$
None of the above,i think we won't even reach 20k this year but when the vaccine for the Covid19 released and proven legit?
then the market will grow next year 2021 even that 25,000 price.

maybe i want to play safe because prediction nowadays is really hard to believe not like in te past that most prediction happens closer but now?there have no even few who can take the prediction seriously.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: virasog on August 23, 2020, 07:13:08 AM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$
None of the above,i think we won't even reach 20k this year but when the vaccine for the Covid19 released and proven legit?
then the market will grow next year 2021 even that 25,000 price.

maybe i want to play safe because prediction nowadays is really hard to believe not like in te past that most prediction happens closer but now?there have no even few who can take the prediction seriously.

Bitcoin already touched 12K this month and it can easily double to 24K by the end of December. As bitcoin prices will move up there will be more hype and less resistance, hence bitcoin may pump hard once it crosses 15K and above.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Arkann on August 29, 2020, 01:57:46 PM

Bitcoin already touched 12K this month and it can easily double to 24K by the end of December. As bitcoin prices will move up there will be more hype and less resistance, hence bitcoin may pump hard once it crosses 15K and above.
I believe that there is such a situation in the world that every moment of today's circumstances that appear in the world can be positively reflected on the bitcoin rate. We must not forget about halving 2020, because all past halving gave very good results after a certain time. But also the economic crisis around the world will play a positive role in the future prospects of bitcoin, since big capital is interested in the cryptocurrency market, and investors, as well as ordinary people, will be able to trust bitcoin more than national currencies, which are losing much in value.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: naikturun on August 29, 2020, 05:02:53 PM
even to 20000 $ i still doubt that. however, if market conditions remain stable until the end of the year it is not impossible that bitcoin will achieve a new attitude. If you look at the last bulls in 2017, the next prediction will occur in 2021.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: KTChampions on August 29, 2020, 10:55:50 PM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$
None of the above,i think we won't even reach 20k this year but when the vaccine for the Covid19 released and proven legit?
then the market will grow next year 2021 even that 25,000 price.

maybe i want to play safe because prediction nowadays is really hard to believe not like in te past that most prediction happens closer but now?there have no even few who can take the prediction seriously.

Do you think the crisis caused by the virus will worsen? But in this case, bitcoin has a good chance because it has always been considered an anti-crisis asset, and if governments continue to print money to fight the crisis, then the price of bitcoin may rise significantly.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: mr.smith on August 30, 2020, 08:20:09 AM
even to 20000 $ i still doubt that. however, if market conditions remain stable until the end of the year it is not impossible that bitcoin will achieve a new attitude. If you look at the last bulls in 2017, the next prediction will occur in 2021.

I agree in 2021 if we are going to follow the route of 2017 the last time bull run happens, 2020 is preparation for the next all-time high that we are hoping, I already commented on a post that Bitcoin will likely reach the $15 k level and $15 K is good preparation for another all-time high this coming 2021, even if we are in a pandemic stage.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Rana590 on August 30, 2020, 12:21:32 PM
even to 20000 $ i still doubt that. however, if market conditions remain stable until the end of the year it is not impossible that bitcoin will achieve a new attitude. If you look at the last bulls in 2017, the next prediction will occur in 2021.

I agree in 2021 if we are going to follow the route of 2017 the last time bull run happens, 2020 is preparation for the next all-time high that we are hoping, I already commented on a post that Bitcoin will likely reach the $15 k level and $15 K is good preparation for another all-time high this coming 2021, even if we are in a pandemic stage.
I think people are getting involve in it for this pandemic more. Yes, you are right that $15k is good enough to start for all time high. Let's see what happens in 2021.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: piebeyb on August 30, 2020, 12:45:04 PM
You do not include your analysis and your views in detail here, why bitcoin will touch its highest price until the end of 2020, the driving factor for bitcoin prices today is the bitcoin halving which makes bitcoin prices soar now not only due to crisis and others, but $ 20k may be touched until the end of the year if the rally really breaks above $ 12k


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Shohanur on August 30, 2020, 02:02:06 PM
even to 20000 $ i still doubt that. however, if market conditions remain stable until the end of the year it is not impossible that bitcoin will achieve a new attitude. If you look at the last bulls in 2017, the next prediction will occur in 2021.

I agree in 2021 if we are going to follow the route of 2017 the last time bull run happens, 2020 is preparation for the next all-time high that we are hoping, I already commented on a post that Bitcoin will likely reach the $15 k level and $15 K is good preparation for another all-time high this coming 2021, even if we are in a pandemic stage.
I don't think so that in 2021, bitcoin will hit its all time high price. It needs some more time to hit best price if we think about current situation.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: lumeire on August 30, 2020, 02:36:27 PM
You do not include your analysis and your views in detail here, why bitcoin will touch its highest price until the end of 2020, the driving factor for bitcoin prices today is the bitcoin halving which makes bitcoin prices soar now not only due to crisis and others, but $ 20k may be touched until the end of the year if the rally really breaks above $ 12k
Bitcoin block reward halving would have been a driving force for the bitcoin price if the same situation was present 1 year back, for now it isn't the bitcoin block reward halving, it is something else. It can be due to the DeFi tokens that are attracting so many investors and once they are done with their investment in the DeFi tokens then they have to keep their money safe in a safe heaven and it is always better to keep your money in bitcoins than in any other token. It can also be the stock market money coming in cryptocurrencies as already stock market is in profit and bulls are really driving up the prices so the excess money is coming in cryptocurrencies.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Chrystora123 on August 30, 2020, 09:41:49 PM
snip..
2020 is only 4 months away and in the last few weeks Bitcoin price has been moving steadily around $ 11k.  I just predict Bitcoin will not make all-time ATH in this year.  next year Bitcoin is sure to set another ATH record, maybe over $ 25k..


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Saisher on September 01, 2020, 09:15:09 AM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

I doubt if $25 k is still attainable we are four months away and the movement is not really changing the paced is slowly, we all want to have another all time high as a gift for us during this pandemic but we must accept what we are seeing in the martket, our only consolidation is we are headed with a lot of hope this 2021.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: blckhawk on September 01, 2020, 10:33:12 AM
Maybe not this year but if it pumps at $15k probably there's a chance. $25 was too high to achieve right now looking on the movement right now makes me doubt to make it. Though the use of cryptocurrencies is now being somehow encourage due to the situation we were right in, still this won't be enough.

Note: This is just speculation made by me and we know how unpredictable the crypto market is. Everything is possible so stand by and just watch in case of changes happen.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: bitzizzix on September 01, 2020, 10:55:41 AM
What we have to realize is that bitcoin price swings can reverse things in unexpected ways, and to reach an OP price which I think is impossible because 2020 has 4 months left.
and currently the price of bitcoin is approaching $ 12,000 and to reach the price of $ 15,000 there is a possibility that it will happen at the end of this year and it will continue to rise gradually and we will see the next bitcoin movement and hopefully it will continue to increase to reach the highest price.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: plr on September 02, 2020, 03:17:38 PM
We'll see if that's going to happen on the month of November if the price by then reaches $17 k there's a possibility of another all time high before the end of the year, all my hopes are on 2021 I just follow the last halving price movement prior to the all time high and the probability of this to happen will be on the first quarter of the year.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: KTChampions on September 02, 2020, 10:03:11 PM
Bitcoin block reward halving would have been a driving force for the bitcoin price if the same situation was present 1 year back, for now it isn't the bitcoin block reward halving, it is something else. It can be due to the DeFi tokens that are attracting so many investors and once they are done with their investment in the DeFi tokens then they have to keep their money safe in a safe heaven and it is always better to keep your money in bitcoins than in any other token. It can also be the stock market money coming in cryptocurrencies as already stock market is in profit and bulls are really driving up the prices so the excess money is coming in cryptocurrencies.

Defi reminds me of a very dangerous pyramid. With a sharp drop in value, automatic sales of tokens/altcoins occur and this entails a further drop in the value of assets. At the moment, the capitalization of this segment of the crypto market seems to be too bloated, I'm afraid that events like March drop have a very high probability of recurrence.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Zemomtum on September 02, 2020, 11:55:32 PM
The way the 12000- 12500 USD has been rejected so many times, I doubt if we will experience any all-time this year. Most people are shifting into DeFi and it seems o be the one gaining attention for now.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: STT on September 02, 2020, 11:57:50 PM
I'd say its 50/50 still because of the weak dollar and how that can bring in new funds to inflate us to the highs.   I'd normally expect us to retract, consolidate support lower or recheck prices however you like to view it but this year has been exceptional in moves by the FED.
  The reason why upwards is still possible is there isnt a grand amount of volume to overcome, most of it is in this area really.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: KTChampions on September 04, 2020, 06:03:15 PM
It seems to me that volatility has increased sharply against the background of falling volumes, or am I mistaken? Anyone have any exact details? If so, then a deeper fall awaits us, although upward shots are possible (for whales, they will be quite cheap if liquidity in the market has fallen).


Title: Re: Bitcoin will touch the high price in 2020?
Post by: Raflesia on September 04, 2020, 06:50:36 PM
Bitcoin block reward halving would have been a driving force for the bitcoin price if the same situation was present 1 year back, for now it isn't the bitcoin block reward halving, it is something else. It can be due to the DeFi tokens that are attracting so many investors and once they are done with their investment in the DeFi tokens then they have to keep their money safe in a safe heaven and it is always better to keep your money in bitcoins than in any other token. It can also be the stock market money coming in cryptocurrencies as already stock market is in profit and bulls are really driving up the prices so the excess money is coming in cryptocurrencies.

Defi reminds me of a very dangerous pyramid. With a sharp drop in value, automatic sales of tokens/altcoins occur and this entails a further drop in the value of assets. At the moment, the capitalization of this segment of the crypto market seems to be too bloated, I'm afraid that events like March drop have a very high probability of recurrence.

If a decline like in March I don't think it will happen right now because I am sure that with the Defi trend, many people are taking advantage of it and yes, the market capitalists are swelling, but how about the price of bitcoin that happens to be a correction and help it to go up then decline it will not happen so the altcoins will survive as well as they can now, but what I worry about is the prolonged bearish trend and the trend is over then we will be in a phase like we used to be again.


Title: Re: Bitcoin will touch the high price in 2020?
Post by: KTChampions on September 05, 2020, 09:56:20 PM
Defi reminds me of a very dangerous pyramid. With a sharp drop in value, automatic sales of tokens/altcoins occur and this entails a further drop in the value of assets. At the moment, the capitalization of this segment of the crypto market seems to be too bloated, I'm afraid that events like March drop have a very high probability of recurrence.

If a decline like in March I don't think it will happen right now because I am sure that with the Defi trend, many people are taking advantage of it and yes, the market capitalists are swelling, but how about the price of bitcoin that happens to be a correction and help it to go up then decline it will not happen so the altcoins will survive as well as they can now, but what I worry about is the prolonged bearish trend and the trend is over then we will be in a phase like we used to be again.

At the moment, the situation is developing in exactly the way that I fear. And it seems to me that with every hundred dollars down, the probability of a sharp failure grows very much. I do not know how quickly the upward rebound will occur (it is good if it will be like in March), but at the moment I would try to protect my savings from a sharp downward movement.