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Author Topic: Will Bitcoin price be $20000 next year?  (Read 1339 times)
Sahyadri
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December 31, 2019, 03:00:13 PM
 #101

There is a huge possibility that Bitcoin reaches $20k next year probably near halving. Because of the halving the block reward will get halved which will make Bitcoin mining expensive for the miners or maybe a loss making venture. If miners leave, then it can create problem for the whole network. So the price need to keep up with the reduced supply to keep miners stick to the bitcoin.
Also, 2017 correction has been completed. Price has room to grow now.
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December 31, 2019, 06:34:43 PM
 #102

From all indication of what has happened during halving there is a strong likely hood that price of Bitcoin will increase significantly as compared to the height of Bitcoin we have seen in the past which means Bitcoin will move above $20,000 before the end of next year.

This year has been good overall if considered we did not had too much of a sudden rise or fall frequently and was on a stability price whenever it picked up a range. 2020 could be a growing year as btc prices have being stable and if this continues small and steady rise will only help the bitcoin users and its investors too.


Yes looking at the year 2019, the price of bitcoin was good and also there was not a big dump in this year, so we can say that if halving happen in the next year then it will definitely cause a good effect on the price of bitcoin in 2020. Also looking at the past halving we can say that if the trend continue like that then price will increase and the investors too.
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January 01, 2020, 05:05:12 PM
 #103

There is a huge possibility that Bitcoin reaches $20k next year probably near halving. Because of the halving the block reward will get halved which will make Bitcoin mining expensive for the miners or maybe a loss making venture. If miners leave, then it can create problem for the whole network. So the price need to keep up with the reduced supply to keep miners stick to the bitcoin.
Also, 2017 correction has been completed. Price has room to grow now.
I highly doubt about it if the market has enough time to grow now. Since it's more likely a recovery from last year and 2020 isn't very bullish i think. If there's a problem about of the miners then there would be a possibility that the price would go down or maybe it will create another bottom this year.

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January 01, 2020, 06:28:12 PM
 #104

There is a huge possibility that Bitcoin reaches $20k next year probably near halving. Because of the halving the block reward will get halved which will make Bitcoin mining expensive for the miners or maybe a loss making venture. If miners leave, then it can create problem for the whole network. So the price need to keep up with the reduced supply to keep miners stick to the bitcoin.
Also, 2017 correction has been completed. Price has room to grow now.

I also don't believe in $20k levels before the halving. I expect rather $16-16.8k and then a beautiful nose dive back down to $12k. New ath either at the end of 2020 or 2021 as the end of the bull run.
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January 04, 2020, 03:51:29 AM
 #105

There is a huge possibility that Bitcoin reaches $20k next year probably near halving. Because of the halving the block reward will get halved which will make Bitcoin mining expensive for the miners or maybe a loss making venture. If miners leave, then it can create problem for the whole network. So the price need to keep up with the reduced supply to keep miners stick to the bitcoin.
Also, 2017 correction has been completed. Price has room to grow now.

I also don't believe in $20k levels before the halving. I expect rather $16-16.8k and then a beautiful nose dive back down to $12k. New ath either at the end of 2020 or 2021 as the end of the bull run.

Bitcoin price can go to $20k levels anytime, before or after the halving. We need to be patient because we still have more than 4 months before the halving moment happens, so we need to use this time to buy more bitcoin before the price start increases. In the waiting time, we can see many things that will happen with bitcoin, including the down of the price, so we need to be careful, and if the price is down deeper than the price now, I think we should prepare the money to buy more bitcoin.

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January 04, 2020, 04:45:07 AM
 #106

There is a huge possibility that Bitcoin reaches $20k next year probably near halving. Because of the halving the block reward will get halved which will make Bitcoin mining expensive for the miners or maybe a loss making venture. If miners leave, then it can create problem for the whole network. So the price need to keep up with the reduced supply to keep miners stick to the bitcoin.
Also, 2017 correction has been completed. Price has room to grow now.

I also don't believe in $20k levels before the halving. I expect rather $16-16.8k and then a beautiful nose dive back down to $12k. New ath either at the end of 2020 or 2021 as the end of the bull run.
even for the achievement of a price of $ 16k it is very good if it happens before halving. however, the potential for new ATH is very large in the coming 2021. but, it seems like when the price of bitcoin rises due to halving this year, there is a big possibility that the new ATH will be reached before the end of this year.

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January 04, 2020, 05:06:55 AM
 #107

bitcoin will be reduced by half in may but in my opinion it will not make the value of bitcoin immediately increase to $ 20k. because ordinary bitcoin will need time to be able to reach the bull run. bitcoin usually takes a year to get a bull run which means maybe bitcoin will be a bull run in 2021. and for this year the highest price of bitcoin in my prediction is $ 15k.

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January 04, 2020, 05:38:40 AM
 #108

Nobody doesn't have any clue about the Bitcoin bull run, but everybody is very positive about the Bitcoin price in the coming year. We are very close Bitcoin halving which we have seen after halving the price of Bitcoin increased a lot. So many traders are expecting the same thing in the coming days.

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January 04, 2020, 06:01:04 AM
 #109

I mean the halving is here.

Guys,what do you think?
Actually it is hardly to speculate if Bitcoin will have $20,000 just like before but I am pretty sure that Bitcoin will pump. Much better if we will take the opportunity of having a cheap price to purchase so that when the market enter the bullish trend it would be quite good profit. Everyone in the community have positive speculation that this would he a great year for Bitcoin so all we need to do is just to hung in there and wait for the uptrend.

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January 04, 2020, 07:51:06 PM
 #110

I mean the halving is here.

Guys,what do you think?
Actually it is hardly to speculate if Bitcoin will have $20,000 just like before but I am pretty sure that Bitcoin will pump. Much better if we will take the opportunity of having a cheap price to purchase so that when the market enter the bullish trend it would be quite good profit. Everyone in the community have positive speculation that this would he a great year for Bitcoin so all we need to do is just to hung in there and wait for the uptrend.

   Many people speculate because that is trading all about. It's hard to do that, it's one of the reasons why many people
lose money in trading. I am a hodler, my speculations about the future of crypto-market is always positive. For me that is
connected, if you are investing in long-term you need to believe in what you are investing and to be positive about the
future of what you investing in. I believe in higher price then 20000$, I don't know will it happen this or next year, all
I know that is that I will be here!



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January 04, 2020, 09:23:55 PM
 #111

With start of every new year people start to have high hopes about Bitcoin price. Their predictions are often driven by emotions and sentiments rather then analisys and realistic situation on the market.
Also, 20000$ is often seen as some magic price level.
When it comes to Bitcoin nothing is impossibe but still I don't think Bitcoin will touch 20000$ this year.

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January 05, 2020, 04:26:19 AM
 #112

Every one have dreaming with bitcoin come true with higher price above $20k but we don't know our dreaming really higher or not because many time we failed by bitcoin always have lower price, we can't prediction with bitcoin become back to higher price if always get bad think with bitcoin keep down every time.
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January 17, 2020, 03:57:28 PM
 #113

basically no one can predict the exact price. but it could happen if the trust and enthusiasm of investors/traders to Bitcoin returned to how it used to be. The problem is that there are currently too many pros and cons from the government to associate with Bitcoin. in addition, Volume 2017 and now certainly experience differences because of the bear market that occurred for almost 2 years

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January 17, 2020, 04:44:40 PM
 #114

Still have chance for bitcoin back $20,000 because just pass two weeks in new year bitcoin have raise near $9,000 and eleven months later give chance for bitcoin can back $20,000 or not, seeing statistic of in two weeks look bitcoin have bigger chance going back to higher price but how situation in China want to accept bitcoin as legal currency and wanna banned.
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January 17, 2020, 05:12:25 PM
 #115

I mean the halving is here.

Guys,what do you think?
yeah. its possible to bitcoin reach $20,000 if the market conditions always good like few days ago bitcoin price show good sign and untill now bitcoin price still rise price. good sign to start 2020 in cryptocurrency, preveoust i think that bitcoin increase price because there is war between iran and US, but i am wrong the war there is not relation with bitcoin price and bitcoin really has value

 
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angryswamp
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January 17, 2020, 10:57:05 PM
 #116

I don't think that halvening is already in place. Look at how rates are rising in today's market. Despite the good news we have in the world of cryptocurrency coins due to btc halving, it still struggles to make a break. Could not come the rise that we predicted until next year. It could come after halving on the 2021.

 
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radjie
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January 24, 2020, 05:10:49 PM
 #117

Still have chance for bitcoin back $20,000 because just pass two weeks in new year bitcoin have raise near $9,000 and eleven months later give chance for bitcoin can back $20,000 or not, seeing statistic of in two weeks look bitcoin have bigger chance going back to higher price but how situation in China want to accept bitcoin as legal currency and wanna banned.
There's no assurance as everything still in a speculative guess. More people believes that the market will grow up and make things possible.
The price of bitcoin might be determine after the halving seasons it will give the right track whether it will go up and reached the the same
peak or might be more higher than the last time high.

if we can look at history in previous years, when bitcoin was reduced by half, usually after that there would be a significant increase, but of course it cannot be ascertained because bitcoin price movements cannot be predicted precisely. at least we must remain optimistic if the bullish market will come after half of the bitcoin is happening and maybe it can affect the interest of new investors will come back because they don't want to be left behind to be able to buy bitcoin when the price is still low
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January 24, 2020, 05:25:21 PM
 #118

Each and every price movement with bitcoin is associated with the halving. This has made bitcoin price predictions and the expectation to be high. Everywhere the talk is all about the halving and the impact of the same over the bitcoin price. The present year will provide a bigger growth than the previous year.








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