The price of Bitcoin in 2020

[w@p]

Which scenario from the chart below is most likely to play out in the future? What do you think?
I will periodically update the chart to reflect the BTC price movements.

(somehow I cannot get the image to display in the topic itself, any tips?)

https://i.imgur.com/dIrc7xR.jpg

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[panju1]

Which scenario from the chart below is most likely to play out in the future? What do you think?
I will periodically update the chart to reflect the BTC price movements.

(somehow I cannot get the image to display in the topic itself, any tips?)

The reason the image is not displayed is because you are a newbie.
You should be able to see it in my reply.
People are unable to predict BTC's price in the current year. 2020 is a long way away.  

[pinosi]

It means in 2018 btc will go up to $8000?

[cpfreeplz]

Either C or D seems the most realistic. The problem is if an exchange gets hacked the main stream media will say bitcoin banks got hacked and all of the dumb sheep who don't understand bitcoins will sell them asap. More and more dumb people are investing now so expect to swings to be even bigger than in the past.

[SHAWN-MIDWAYS]

scenario E through to G are what we should expect should we continue to experience slow transaction speeds irrespective of the fees paid..

and we should expect a better picture with regard of which ever fork is adopted to make transactions more faster and we are guaranteed an off the chart price tag  i.e  scenario D through to the moon and above

[PokerFace3]

Either C or D seems the most realistic. The problem is if an exchange gets hacked the main stream media will say bitcoin banks got hacked and all of the dumb sheep who don't understand bitcoins will sell them asap. More and more dumb people are investing now so expect to swings to be even bigger than in the past.

Why not scenario A ? You are just talking with respect to mtgox collapse, but you need to take consideration of contribution of mtgox at its time and how many exchanges we are having right now. When the  one and only exchange found problems, it is obvious bitcoiners got panic and withdrawn their investments but in recent problems with bitfinex and regulations in cheese exchanges did not make big impacts into bitcoin prices.

I guess any negative news will not impact big when bitcoin will be having alternative solutions for everything. I mean including scalabilty issue so $10k+ by 2020 is inevitable.

[Taki]

Scenario A is too optimistic and generally unreal for bitcoin by my opinion. To bitcoin fly to the moon in 2018 is something impossible. I'm more for variant B, it seems to me more logical.

[Denker]

Which scenario from the chart below is most likely to play out in the future? What do you think?
I will periodically update the chart to reflect the BTC price movements.

(somehow I cannot get the image to display in the topic itself, any tips?)

2020 a few months after halving a price of $5k to $10k may be possible. $5k maybe also a bit earlier. I see Bitcoin still as undervalued at the moment. And with SegWit hopfully getting activated somewhere next year at the latest, this just alone could result in a huge upwards push.
However it's still a long way to go. And 3 years in Bitcoin is definitely a time where a lot of stuff can happen.
In good and bad!
Cross fingers and hope for the best!

[Skjöld]

I think we are in the scenario D. It is for me what has the greatest correlation with current and past trends. It is for me reasonable blend of optimism and realism. Scenario E might be a true possibility too.

[w@p]

There is a fair chance that scenario D might play out with an intermediate top at $2300, a pullback in 2018 and a continuation of the bull market in 2019.
If Bitcoin takes this trajectory, this will force a lot of weak hands out of the market. I'm hoping for scenario B though.

[w@p]

The scenarios are based on studying historical charts and doing some TA.
Disclaimer: I do not trade professionally and I have little experience in technical analysis.

Scenario A is Bitcoin FOMO on a global scale with accelerated adoption by retail, e-commerce and financial institutions.
A declining stockmarket would add extra fuel to the fire.

Scenario B is a 1:1 copy of the last bull run that started in the summer of 2013.
Basically this comes down to ±6x the previous top: $210 > $1200 > $7200.

Scenario C is based on steadily declining multipliers for the tops.
top $30 > top $210 = x7
top $210 > top $1200 = x6
top $1200 > top $5500 - $6000 = x5

Scenario D is based on a declining base to top multiplier  (multiplier x0.666)
2011 spring base $1 > 2013 summer top $30 = x30
2012 fall base $10 > 2013 spring top $200 = x20
2013 summer base $100 > 2013 december top $1200 = x12
2015 summer base $250 > 2017 fall top $2000 - $2300 =x8

Scenario E is a consolidation fase with a retest of the psychological $1000 level. This level will now function as support.

Scenario F is Scenario C but with a lower top and consolidation at the $2000 level.

Scenario G and H are based on a future where Bitcoin will no longer be the dominant cryptocurrency. In this scenario Bitcoin will be surpassed by competitors or successors with better technology and/or it will fail to provide a solid solution for the scaling issues and long confirmation times.  

[lionheart78]

I think the scenario A where people will have FOMO on a global scale might happen when every country start to accept Bitcoin as money and give it a boost by removing consumption tax as what Japan did.  This will give Bitcoin a great price surge making the price of Bitcoin to have exponential increase.  After this stuff a correction will happen.  Once the global adoption of Bitcoin is achieved, people will not dump their holdings to reap more reward when full saturation is achieved.

[Kemarit]

Which scenario from the chart below is most likely to play out in the future? What do you think?
I will periodically update the chart to reflect the BTC price movements.

(somehow I cannot get the image to display in the topic itself, any tips?)

2020 a few months after halving a price of $5k to $10k may be possible. $5k maybe also a bit earlier. I see Bitcoin still as undervalued at the moment. And with SegWit hopfully getting activated somewhere next year at the latest, this just alone could result in a huge upwards push.
However it's still a long way to go. And 3 years in Bitcoin is definitely a time where a lot of stuff can happen.
In good and bad!
Cross fingers and hope for the best!

This is also my take here. Remember, the next halving of rewards for one block is scheduled in 2020. So it means that that bitcoin will be scarce as ever, and the demand by the general public will be high but since there is a halving their will be limited supply causing the price to new horizon. So I positive that the price could be somewhere around $5000 or more because of the above reasons. And as the network continues to grow and solidify, it becomes clear that even an event as jarring as halving can only reassert bitcoin’s continued existence.

[pooya87]

your scenario A and Scenario B are the closest one to what can happen in 4 years. there is a lot of adoption and hype going on with bitcoin and there is a lot more to come. and i am talking about real merchant adoptions not just more speculators buying in.

i just made a new topic about Japan and bitcoin adoption, and how that will soon affect the price. with all their tourism and Olympics coming.
https://bitcointalk.org/index.php?topic=1906607.0

[BitcoinerXX]

there's a good chance we'll see 5k+ some time in the next 18months.

[ArdiPrabowo]

It means in 2018 btc will go up to $8000?

I think not reasonable if bitcoin price in 2018 incraese to 8000 dollar
my prediction maximum incraese in 2018 2000 - 3000 dollar, or still range price 1500 - 2000 dollar

[n0ne]

It means in 2018 btc will go up to $8000?

I think not reasonable if bitcoin price in 2018 incraese to 8000 dollar
my prediction maximum incraese in 2018 2000 - 3000 dollar, or still range price 1500 - 2000 dollar

As the price increase is quite high ns growing on at certain time interval sure we will reach at least $5000. The reason is that by 2020 one among the popular event bitcoin halving is gonna take place. So sure can get a good profit on holding long.

[nachius]

My guess is $2,100-$2,500. I don't have anything to really back it up, it's simply what I think the odds are leaning towards in the next couple of years.

[Slow death]

Which scenario from the chart below is most likely to play out in the future? What do you think?
I will periodically update the chart to reflect the BTC price movements.

(somehow I cannot get the image to display in the topic itself, any tips?)

I prefer the scenario D, more moderate and I find it more realistic

there's a good chance we'll see 5k+ some time in the next 18months.

If this is possible it will be very good

[ViceOfBTC21]

I think of scenario C because of new users of Bitcoin and block halving. A and B are completely unrealistic and D and lower will be if Ethereum outsmart Bitcoin.

[Bitcoinsummoner]

I think in my own speculation much more possible to touch the price around scenario E to D this is i think much nearly to touch the price after 2020
since the movement is not fast  above the scenario's that i choose i think its  low possibility to happen after 2020.
If what 2013 happen before its impossible to happen again this coming 2020..
Unless if more company and people are invest and use bitcoin as their majority..

[Biodom]

C-esque, but with longer basing (it would not just turn around and run again, has to spend some time accumulating 'energy' for the second move)

[JimboToronto]

Given Bitcoin's history, from being worth a fraction of a penny, through dime parity, dollar parity, bubbling to $30, then $266, then $1100, and now $1600, and considering that we're still a long way from the s-curve of adoption going vertical, my guess is that A is closest to being reasonable.

B is the only other realistic scenario. All the others are unrealistically pessimistic considering current worldwide adoption.

Don't expect a Gox-like meltdown. There are far more exchanges now and more and more trading is being done off-exchange.

[Wesimon]

Either C or D seems the most realistic. The problem is if an exchange gets hacked the main stream media will say bitcoin banks got hacked and all of the dumb sheep who don't understand bitcoins will sell them asap. More and more dumb people are investing now so expect to swings to be even bigger than in the past.

Why not scenario A ? You are just talking with respect to mtgox collapse, but you need to take consideration of contribution of mtgox at its time and how many exchanges we are having right now. When the  one and only exchange found problems, it is obvious bitcoiners got panic and withdrawn their investments but in recent problems with bitfinex and regulations in cheese exchanges did not make big impacts into bitcoin prices.

I guess any negative news will not impact big when bitcoin will be having alternative solutions for everything. I mean including scalabilty issue so $10k+ by 2020 is inevitable.

You're seems to be certain of your prediction there mate. Inevitable is not the right term in terms of speculation, "possible" is much accepted.

As for the discussion, I would agree that C or D is much realistic with the chart predictions. I consider the whales around there that can easily make the  price go down. Also for the "safety first" type of investors that always stays on the safe side that always sell their bitcoin if a possible drop in value will occur (and by drop I mean big drop). Though the demand is constantly and rapidly increasing, every prediction will count.

[AngelSky]

I think of scenario C because of new users of Bitcoin and block halving. A and B are completely unrealistic and D and lower will be if Ethereum outsmart Bitcoin.

After bitcoin halving price starts increase from 500$ to 980$ in the chart. Till Christmas bitcoin price is fluctuate too much and settled around 1000$ and more. From February bitcoin price is starts rising and touched the peak value of bitcoin. Ehrerum or other alts will not do damn to bitcoin. It will be always top and grow continuously.

[cpfreeplz]

Don't expect a Gox-like meltdown. There are far more exchanges now and more and more trading is being done off-exchange.

That's exactly what people expect though. They expect another gox situation but don't realize that it's just way more mainstream than it was back then. It's by no means mainstream but it's not all relying on one exchange anymore. If an exchange goes down the tunes that doesn't mean every single person will be affected.

[Sakura_nakomoto]

For the last time a lot about pink from what the prices for Bitcoin will be in the near future. If you look at the trend of how the price has changed Over the past year and a half, the answer may be mixed, although if you look at it almost from the beginning of 2017 Until now, Bitcoin has grown literally 2 times.

[rajasumi3]

Well i would go for option A ,as the price of bitcoins have increased very much in the year 2017 in the month of may and we have seen that the japanese have started adopting bitcoins as a mode of currency and if other countries follow japan,then the price of bitcoins will reach the mars in the nearby soon.

[w@p]

So far scenario A seems to be playing out, with a high of ± $2700 and correction to ± $2300. Things are moving quicker then expected though.

[7jaka7]

So far scenario A seems to be playing out, with a high of ± $2700 and correction to ± $2300. Things are moving quicker then expected though.

It's funny how accurate scenario A is This should be interesting, to compare.
But probably there will be big breakthrough when people will accept it (next financial crisis?).

[w@p]

A new financial crisis could definitely result in people rushing to Bitcoin as a save haven. That would push prices easily higher than current levels.

[Elcapsono]

So far scenario A seems to be playing out, with a high of ± $2700 and correction to ± $2300. Things are moving quicker then expected though.

It's funny how accurate scenario A is This should be interesting, to compare.
But probably there will be big breakthrough when people will accept it (next financial crisis?).

I also think that the forecasts for a couple of thousand dollars for 2020 look very ridiculous. Already today the price for Bitcoin rises steadily enough and can soon reach $ 3000 within 5 or 6 months.

[Bitmore]

So far scenario A seems to be playing out, with a high of ± $2700 and correction to ± $2300. Things are moving quicker then expected though.

It's funny how accurate scenario A is This should be interesting, to compare.
But probably there will be big breakthrough when people will accept it (next financial crisis?).

I also think that the forecasts for a couple of thousand dollars for 2020 look very ridiculous. Already today the price for Bitcoin rises steadily enough and can soon reach $ 3000 within 5 or 6 months.

The results of the last week are so far off the chart in outperformance I think the models are flawed. 

I think there might the factor not included in even the model A that those in power with some fore knowledge of pending events, the really big money in the world, are planning on not being left behind, for example a financial crisis. 

This seems to be growing exponentially even with a correction here and there.

[jubalix]

I think you graph is to compressed on the x, it makes it look artifically steep versus time that people are used to.

Any graph can be made to look steep in time -->0

[w@p]

Update July 2017. So far scenario A+.
Can someone post the chart inline? (use permission issue since I am at newbie level)

https://i.imgur.com/DYjeNOT.jpg

[Oralmat]

My speculation is positive about bitcoin in 2020 year, I would guess bitcoin would be double in 2020, also after 3 and half years ago 2020 year will be come, then it mean it is not far away. But i believe bitcoin would have price $6000 after 3 years. May be it  more but i have surety that at least bitcoin would be cross at $6000.

[7jaka7]

Update July 2017. So far scenario A+.
Can someone post the chart inline? (use permission issue since I am at newbie level)

Picture posted.
It will be interesting to see how things will turn out. It is going better then expected atm.

[deisik]

It is interesting to speculate what would cause each scenario to come about

The scenario A would likely be a sort of a White Swan event, something which is too good to be true, but it still happens despite all odds and doesn't mean anything bad at that. I don't know what it could be, likely some major "real" exchange like the Chicago exchange (CME) listing Bitcoin futures and options after they are allowed in the US, and institutional investors start pouring their institutional money into Bitcoin. On the contrary, scenarios G and H represent Bitcoin biting the dust, for example, due to the split and the chain war ensuing soon thereafter. As to me, if the split doesn't happen (say, Jihan gets run over by the bus), scenarios from C to F are the likely outcomes (scenario B is closer to A), and it is hard to tell which one is more realistic since it would be just wild guessing

[Basmic]

In fact, no one can predict the behavior of bitcoin over such a long period of time. We see that the Americans gradually began to pay attention to bitcoin as an enemy. This can lead to unpredictable consequences. The question is when will this war.

[hurain]

My speculation is positive about bitcoin in 2020 year, I would guess bitcoin would be double in 2020, also after 3 and half years ago 2020 year will be come, then it mean it is not far away. But i believe bitcoin would have price $6000 after 3 years. May be it  more but i have surety that at least bitcoin would be cross at $6000.

yes that is right that in 2020 i am sure that bitcoin price will be trading more above than 6000$. because still there is really a good potential and its price will continue increasing from time time, therefore   i think still there is good opportunity to invest money in bitcoin.

[Avametra]

My speculation is positive about bitcoin in 2020 year, I would guess bitcoin would be double in 2020, also after 3 and half years ago 2020 year will be come, then it mean it is not far away. But i believe bitcoin would have price $6000 after 3 years. May be it  more but i have surety that at least bitcoin would be cross at $6000.

yes that is right that in 2020 i am sure that bitcoin price will be trading more above than 6000$. because still there is really a good potential and its price will continue increasing from time time, therefore   i think still there is good opportunity to invest money in bitcoin.

It seems to me that in three years the price of bitcoin will increase several times. I hope that we will see 10,000 dollars for bitcoin. The price grows faster than before. Many countries have already taken bitcoin and many will still take

[tabas]

My speculation is positive about bitcoin in 2020 year, I would guess bitcoin would be double in 2020, also after 3 and half years ago 2020 year will be come, then it mean it is not far away. But i believe bitcoin would have price $6000 after 3 years. May be it  more but i have surety that at least bitcoin would be cross at $6000.

yes that is right that in 2020 i am sure that bitcoin price will be trading more above than 6000$. because still there is really a good potential and its price will continue increasing from time time, therefore   i think still there is good opportunity to invest money in bitcoin.

It seems to me that in three years the price of bitcoin will increase several times. I hope that we will see 10,000 dollars for bitcoin. The price grows faster than before. Many countries have already taken bitcoin and many will still take

We will see price of bitcoin at $10,000 there's a lot of people and especially those experts telling the way of bitcoin is on a straight and calm road. And there are some that actually said that bitcoin can even rich higher than $10,000 on 2020. But I'll believe that it's possible to happen on 2020, there's 3 years to come.

[Abricotier]

Scenario C, definitely. The drop in 2018 is actually a bit too sharp to be realistic, but that in the overall seems realistic.

[Slark]

After having in 2020 I expect that price of Bitcoin might be even higher than $10000-$12000 - but this is the most optimistic scenario.
Realistically I would say that price should be higher than $5000 and if we won't reach 5k by 2020 then there is a high chance that Bitcoin failed somewhere along the way.

[sunsilk]

Scenario C, definitely. The drop in 2018 is actually a bit too sharp to be realistic, but that in the overall seems realistic.

Realistic but everyone is very optimistic that once we are now at 2018 everything will be fine.

The price of bitcoin will be higher and many people will start loving to use it.

[marcuslong]

It is hard to predict what will be the bitcoin price in that year but i beleived that it can be reach up to 5000 usd dollars per bitcoin im not saying it will but there are big possibilities that will be happen as soon as the world accept bitcoin also as their payment methods. Reality will be bitcoin and no other new currencury.

[South Park]

Which scenario from the chart below is most likely to play out in the future? What do you think?
I will periodically update the chart to reflect the BTC price movements.

(somehow I cannot get the image to display in the topic itself, any tips?)

Of all the scenarios, scenario E seem the more likely the only problem is that the biggest spike seems to come before 2020 and I think the big growth in price is going to come in that year or the year after since that is the year in which the Olympic Games in Japan are going to be held and the year in which we are going to get another halving.

[cryp24x]

I believe Scenario C or D since there is a block halving, but if this upadate in August is successful, then we can see scenario B,  the price actually depends on the event that will happen between today and the year 2020.  If Bitcoin dev releases a killer app then we can see Bitcoin reaching the price prediction for 2020 in an earlier years.  Or if Bitcoin fail to scale and the Aug. event does not bring any changes in Bitcoin scaling problem then we can see either a cheaper bitcoin or a stagnant one.

[AK47-]

I believe Scenario C or D since there is a block halving, but if this upadate in August is successful, then we can see scenario B,  the price actually depends on the event that will happen between today and the year 2020.  If Bitcoin dev releases a killer app then we can see Bitcoin reaching the price prediction for 2020 in an earlier years.  Or if Bitcoin fail to scale and the Aug. event does not bring any changes in Bitcoin scaling problem then we can see either a cheaper bitcoin or a stagnant one.

I think that scenario B is quite attainable by the end of 2018 or the start of 2019. Bitcoin price in 2020 will be somwhere above scenario B, might be $7000. If we go by past trends, whenever block halving happened after a small dip price has always increased. So, that wouldn't be a major factor. Price is rather dependent upon what happens in August.

[n0ne]

I believe Scenario C or D since there is a block halving, but if this upadate in August is successful, then we can see scenario B,  the price actually depends on the event that will happen between today and the year 2020.  If Bitcoin dev releases a killer app then we can see Bitcoin reaching the price prediction for 2020 in an earlier years.  Or if Bitcoin fail to scale and the Aug. event does not bring any changes in Bitcoin scaling problem then we can see either a cheaper bitcoin or a stagnant one.

I think that scenario B is quite attainable by the end of 2018 or the start of 2019. Bitcoin price in 2020 will be somwhere above scenario B, might be $7000. If we go by past trends, whenever block halving happened after a small dip price has always increased. So, that wouldn't be a major factor. Price is rather dependent upon what happens in August.

Everytime something comes as an hurdle and create a big expectation without any assurity of growth or value decline. This time it has been a controversial for a long about august first based on segwit. Months back the etf approval has been expected long and finally the end result a rejection causing a piece of drop and all of a sudden started to grow gradually. Here too I expect the same.

[nethan1btc]

I believe Scenario C or D since there is a block halving, but if this upadate in August is successful, then we can see scenario B,  the price actually depends on the event that will happen between today and the year 2020.  If Bitcoin dev releases a killer app then we can see Bitcoin reaching the price prediction for 2020 in an earlier years.  Or if Bitcoin fail to scale and the Aug. event does not bring any changes in Bitcoin scaling problem then we can see either a cheaper bitcoin or a stagnant one.

I think that scenario B is quite attainable by the end of 2018 or the start of 2019. Bitcoin price in 2020 will be somwhere above scenario B, might be $7000. If we go by past trends, whenever block halving happened after a small dip price has always increased. So, that wouldn't be a major factor. Price is rather dependent upon what happens in August.

Everytime something comes as an hurdle and create a big expectation without any assurity of growth or value decline. This time it has been a controversial for a long about august first based on segwit. Months back the etf approval has been expected long and finally the end result a rejection causing a piece of drop and all of a sudden started to grow gradually. Here too I expect the same.

For all we know here most of the time we've been confused about controversial around us, and for me it doesn't affect me, because it doesn't matter actually and time can tell the actual reality of what will happen next. About the decline of growth value I am still positive that the fluctuations happening was just a price surging that technically affects through panic sells of some investors because of those rumors spreading online particularly social medias. So after this big challenges of bitcoin; we may see to it that the future of price will be still at $3000 at 2020 if this will continue to be unpredictable, because of false media around us.

[Cherylstar86]

I believe Scenario C or D since there is a block halving, but if this upadate in August is successful, then we can see scenario B,  the price actually depends on the event that will happen between today and the year 2020.  If Bitcoin dev releases a killer app then we can see Bitcoin reaching the price prediction for 2020 in an earlier years.  Or if Bitcoin fail to scale and the Aug. event does not bring any changes in Bitcoin scaling problem then we can see either a cheaper bitcoin or a stagnant one.

I think that scenario B is quite attainable by the end of 2018 or the start of 2019. Bitcoin price in 2020 will be somwhere above scenario B, might be $7000. If we go by past trends, whenever block halving happened after a small dip price has always increased. So, that wouldn't be a major factor. Price is rather dependent upon what happens in August.

Everytime something comes as an hurdle and create a big expectation without any assurity of growth or value decline. This time it has been a controversial for a long about august first based on segwit. Months back the etf approval has been expected long and finally the end result a rejection causing a piece of drop and all of a sudden started to grow gradually. Here too I expect the same.

For all we know here most of the time we've been confused about controversial around us, and for me it doesn't affect me, because it doesn't matter actually and time can tell the actual reality of what will happen next. About the decline of growth value I am still positive that the fluctuations happening was just a price surging that technically affects through panic sells of some investors because of those rumors spreading online particularly social medias. So after this big challenges of bitcoin; we may see to it that the future of price will be still at $3000 at 2020 if this will continue to be unpredictable, because of false media around us.

I think that's normal to have a fear regarding those controversies around because that talks about a serious matter about money. To make it as a clear visions of 2020's bitcoin price, well have to expect to it greater than $3000; because it may hit the peak of the economy and that is proven from last year's hit of price spikes from $900 to $2000. Actually I viewed to it that if people will just buy now for they have a purpose of holding it until 2020, three years after that possibly price of btc sell value will be on top at $6000 each 1 btc.

[Joshapat]

I expect the bitcoin price in 2020 or 3 years to reach $ 7500 or 3 times the current price. In addition, transaction costs are also higher because of the increasingly dense network.

[ultrloa]

I believe Scenario C or D since there is a block halving, but if this upadate in August is successful, then we can see scenario B,  the price actually depends on the event that will happen between today and the year 2020.  If Bitcoin dev releases a killer app then we can see Bitcoin reaching the price prediction for 2020 in an earlier years.  Or if Bitcoin fail to scale and the Aug. event does not bring any changes in Bitcoin scaling problem then we can see either a cheaper bitcoin or a stagnant one.

I think that scenario B is quite attainable by the end of 2018 or the start of 2019. Bitcoin price in 2020 will be somwhere above scenario B, might be $7000. If we go by past trends, whenever block halving happened after a small dip price has always increased. So, that wouldn't be a major factor. Price is rather dependent upon what happens in August.

Everytime something comes as an hurdle and create a big expectation without any assurity of growth or value decline. This time it has been a controversial for a long about august first based on segwit. Months back the etf approval has been expected long and finally the end result a rejection causing a piece of drop and all of a sudden started to grow gradually. Here too I expect the same.

For all we know here most of the time we've been confused about controversial around us, and for me it doesn't affect me, because it doesn't matter actually and time can tell the actual reality of what will happen next. About the decline of growth value I am still positive that the fluctuations happening was just a price surging that technically affects through panic sells of some investors because of those rumors spreading online particularly social medias. So after this big challenges of bitcoin; we may see to it that the future of price will be still at $3000 at 2020 if this will continue to be unpredictable, because of false media around us.

I think that's normal to have a fear regarding those controversies around because that talks about a serious matter about money. To make it as a clear visions of 2020's bitcoin price, well have to expect to it greater than $3000; because it may hit the peak of the economy and that is proven from last year's hit of price spikes from $900 to $2000. Actually I viewed to it that if people will just buy now for they have a purpose of holding it until 2020, three years after that possibly price of btc sell value will be on top at $6000 each 1 btc.

The fair prediction to the price will be reach is at 3000$-5000$ since we need to calculate also the dumps gonna happen on it and since the price at that level is so high i expect that the backward thrends will be happen on it but we can truly know on what would be the exact figure will be reach by bitcoins since at the first place on it year 2020 is quitely far happening for now and there's so many events wheter its bad or good that will happen so maybe we shouldn't speculate that year but instead the year is the perfect to be speculated is on the year 2018.

[Elcapsono]

I expect the bitcoin price in 2020 or 3 years to reach $ 7500 or 3 times the current price. In addition, transaction costs are also higher because of the increasingly dense network.

Definitely I believe that after these years we will see the nominal price for Bitcoin. Actually, this can not stand even better. Today's price for Bitcoin is convincing enough and it confirms all these forecasts.

[xIIImaL]

I expect the bitcoin price in 2020 or 3 years to reach $ 7500 or 3 times the current price. In addition, transaction costs are also higher because of the increasingly dense network.

Definitely I believe that after these years we will see the nominal price for Bitcoin. Actually, this can not stand even better. Today's price for Bitcoin is convincing enough and it confirms all these forecasts.

Specially we can see the next halving on that year so undoubtedly you will see the better price for sure in the chart. Usage and making bitcoin legal in the countries will be increase in numbers for sure according to my view. I wish my country should the move on bitcoin instead being poor economy state.

[citizenh-ssd]

I expect the bitcoin price in 2020 or 3 years to reach $ 7500 or 3 times the current price. In addition, transaction costs are also higher because of the increasingly dense network.

Definitely I believe that after these years we will see the nominal price for Bitcoin. Actually, this can not stand even better. Today's price for Bitcoin is convincing enough and it confirms all these forecasts.

Specially we can see the next halving on that year so undoubtedly you will see the better price for sure in the chart. Usage and making bitcoin legal in the countries will be increase in numbers for sure according to my view. I wish my country should the move on bitcoin instead being poor economy state.

Also, the fact is that it is very strong today. It is noticeable how some countries begin to create their own crypto currency. If everything was as bad as others say, then no one would make such movements. I believe that the future is precisely behind the digital currency and the crypto currency is dumbing very great prospects.

[w@p]

Update: Scenario A still in play, but it seems the timeframe is even more compressed than anticipated. (please repost as inline image)
https://i.imgur.com/D8b6jMR.jpg

[ask]

2020 is really long time period for price prediction. But minimum is 12000$ and i cannot find a highest level.
If we are talking when i will sell my bitcoins then i will sell if bitcoin price hit 100k$ then i will get retired for sure.

[w@p]

2020 is really long time period for price prediction. But minimum is 12000$ and i cannot find a highest level.
If we are talking when i will sell my bitcoins then i will sell if bitcoin price hit 100k$ then i will get retired for sure.

While we might overshoot to $10000+ in the coming months, there is still the possibility of a bear market in 2018/2019 that will take us back to the $2000 - $6000 range for quite some time, so to say that $12000 is a minimum price in 2020 is pretty optimistic.

[allohha]

2020 is really long time period for price prediction. But minimum is 12000$ and i cannot find a highest level.
If we are talking when i will sell my bitcoins then i will sell if bitcoin price hit 100k$ then i will get retired for sure.

are you sure you think what is the growth of the price of bitcoin it is really? can't understand where are taken these figures, as forum already full various forecasts to this question. .

[Pfizer]

2020 is really long time period for price prediction. But minimum is 12000$ and i cannot find a highest level.
If we are talking when i will sell my bitcoins then i will sell if bitcoin price hit 100k$ then i will get retired for sure.

are you sure you think what is the growth of the price of bitcoin it is really? can't understand where are taken these figures, as forum already full various forecasts to this question. .

You don't need forecasts for this. My personal target is around $100.000 too. This is normal when we take the global demand into account and it's reasonable to hold our bitcoin for the next years.

[nnewwork]

i know someone buy with all his money BTC and ETH for his grandson More than 200k$
and say hope it will be with 100k per 1BTC

[pisston]

2020 is really long time period for price prediction. But minimum is 12000$ and i cannot find a highest level.
If we are talking when i will sell my bitcoins then i will sell if bitcoin price hit 100k$ then i will get retired for sure.

are you sure you think what is the growth of the price of bitcoin it is really? can't understand where are taken these figures, as forum already full various forecasts to this question. .

You don't need forecasts for this. My personal target is around $100.000 too. This is normal when we take the global demand into account and it's reasonable to hold our bitcoin for the next years.

You are really right if someone has a goal and To reach the maximum values ​​and Bitcoin, everyone will expect and store their coins. It seems to me that even if we talk about forecasts, the majority is still implemented, as well as the fact that the price of Bitcoin rises to the predicted value.

[Idrisu]

Which scenario from the chart below is most likely to play out in the future? What do you think?
I will periodically update the chart to reflect the BTC price movements.

(somehow I cannot get the image to display in the topic itself, any tips?)

I thing the first scenario which is scenario "A" may likely play out and before 2020 many of us most have been able to explain bitcoin to those who find it very difficult to believe in the significant of this great technology called blockchain. I am also happy and this is also a sign that bitcoin is going mainstream as there is a rumors on the social media that bitcoin is going to be adopted as a mode of payment by Amazon and if this happens then we expect to see bitcoin price in green by 2020.

[Question123]

In my own prediction for me the possible price of bitcoin in the year of 2020 is 10k upto 15k dollars . But we don't know if that happen or not but I hope it will happen so we can make more profit in the future. Pump bitcoin , more profit .

[batang_bitcoin]

In my own prediction for me the possible price of bitcoin in the year of 2020 is 10k upto 15k dollars . But we don't know if that happen or not but I hope it will happen so we can make more profit in the future. Pump bitcoin , more profit .

$10,000 is expected to come on 2018 so that will be a long time if bitcoin will reach $10k on 2020. And if I can remember, this is the year that McAfee said that bitcoin will be reaching $500,000 I'm not that exaggerated but I have some 10%-20% belief on what he said. But in my speculation on this year we will be hitting $20,000 - $30,000 as the popularity of bitcoin increases, it's value will increase too.

[Visbay]

My speculation is positive about bitcoin in 2020 year, I would guess bitcoin would be double in 2020, also after 3 and half years ago 2020 year will be come, then it mean it is not far away. But i believe bitcoin would have price $6000 after 3 years. May be it  more but i have surety that at least bitcoin would be cross at $6000.

yes that is right that in 2020 i am sure that bitcoin price will be trading more above than 6000$. because still there is really a good potential and its price will continue increasing from time time, therefore   i think still there is good opportunity to invest money in bitcoin.

It seems to me that in three years the price of bitcoin will increase several times. I hope that we will see 10,000 dollars for bitcoin. The price grows faster than before. Many countries have already taken bitcoin and many will still take

Well I think it’s a very hard prediction about bitcoin that what will be the price but there is no doubt and it’s also confirm that the price will high in 2020 so we just need to give some time to bitcoin and as we know that in a short time bitcoin achieved a very good targets and still it’s going for struggling to achieve his target so in 2020 bitcoin will be on top.

[DrGuns4Hands]

scenario b is more realistic than scenario a . before i saw this chart I predicted that bitcoin could reach $8000 by 2018 maybe mid of the year. so on 2020 it's really hard to predict the price of it but since they say that the price on 2022 could reach up to $25000 so i predicted that in 2020 the price of bitcoin will be up to $20000.

[Best Dreams]

2020 is really long time period for price prediction. But minimum is 12000$ and i cannot find a highest level.
If we are talking when i will sell my bitcoins then i will sell if bitcoin price hit 100k$ then i will get retired for sure.

are you sure you think what is the growth of the price of bitcoin it is really? can't understand where are taken these figures, as forum already full various forecasts to this question. .

It’s very hard to do prediction about the price but its confirm that the price will be high because bitcoin is not going to compromise on his price and it’s going to reached the world so bitcoin have increased his users around the world and every day we can see new people which are joining bitcoin so demand is so high now and for sure the price will be high.

[cybersofts]

Either C or D seems the most realistic. The problem is if an exchange gets hacked the main stream media will say bitcoin banks got hacked and all of the dumb sheep who don't understand bitcoins will sell them asap. More and more dumb people are investing now so expect to swings to be even bigger than in the past.

Why not scenario A ? You are just talking with respect to mtgox collapse, but you need to take consideration of contribution of mtgox at its time and how many exchanges we are having right now. When the  one and only exchange found problems, it is obvious bitcoiners got panic and withdrawn their investments but in recent problems with bitfinex and regulations in cheese exchanges did not make big impacts into bitcoin prices.

I guess any negative news will not impact big when bitcoin will be having alternative solutions for everything. I mean including scalabilty issue so $10k+ by 2020 is inevitable.

Scenario A is definitely the way to go as bitcoin show us how strong it is in the market.
Bitcoin value continue to grow regardless of the people with negative thoughts say bad about bitcoin.  
Bitcoin is still looking good and I think the value might reach $10,000 by the end of year, 2017... And also reach $50k by 2020  

[Copulative]

I believe Scenario C or D since there is a block halving, but if this upadate in August is successful, then we can see scenario B,  the price actually depends on the event that will happen between today and the year 2020.  If Bitcoin dev releases a killer app then we can see Bitcoin reaching the price prediction for 2020 in an earlier years.  Or if Bitcoin fail to scale and the Aug. event does not bring any changes in Bitcoin scaling problem then we can see either a cheaper bitcoin or a stagnant one.

I think that scenario B is quite attainable by the end of 2018 or the start of 2019. Bitcoin price in 2020 will be somwhere above scenario B, might be $7000. If we go by past trends, whenever block halving happened after a small dip price has always increased. So, that wouldn't be a major factor. Price is rather dependent upon what happens in August.

Everytime something comes as an hurdle and create a big expectation without any assurity of growth or value decline. This time it has been a controversial for a long about august first based on segwit. Months back the etf approval has been expected long and finally the end result a rejection causing a piece of drop and all of a sudden started to grow gradually. Here too I expect the same.

For all we know here most of the time we've been confused about controversial around us, and for me it doesn't affect me, because it doesn't matter actually and time can tell the actual reality of what will happen next. About the decline of growth value I am still positive that the fluctuations happening was just a price surging that technically affects through panic sells of some investors because of those rumors spreading online particularly social medias. So after this big challenges of bitcoin; we may see to it that the future of price will be still at $3000 at 2020 if this will continue to be unpredictable, because of false media around us.

I think that's normal to have a fear regarding those controversies around because that talks about a serious matter about money. To make it as a clear visions of 2020's bitcoin price, well have to expect to it greater than $3000; because it may hit the peak of the economy and that is proven from last year's hit of price spikes from $900 to $2000. Actually I viewed to it that if people will just buy now for they have a purpose of holding it until 2020, three years after that possibly price of btc sell value will be on top at $6000 each 1 btc.

The fair prediction to the price will be reach is at 3000$-5000$ since we need to calculate also the dumps gonna happen on it and since the price at that level is so high i expect that the backward thrends will be happen on it but we can truly know on what would be the exact figure will be reach by bitcoins since at the first place on it year 2020 is quitely far happening for now and there's so many events wheter its bad or good that will happen so maybe we shouldn't speculate that year but instead the year is the perfect to be speculated is on the year 2018.

On the off chance that we break down the past information, situation C and D appear to be generally similar to. They may appear to be difficult to a few people as individuals can believe that situation E is a sensible approach. Be that as it may, the sensible approach is to totally comprehend that as benefit of something builds so does its benefit, so in the event that you have one dollar and it duplicates by one means or another, you than have 2 dollars after this when the cash copies you would have 4 dollars and afterward 8 and afterward 16, not 3,4 and 5.

[Granxis]

In my own prediction for me the possible price of bitcoin in the year of 2020 is 10k upto 15k dollars . But we don't know if that happen or not but I hope it will happen so we can make more profit in the future. Pump bitcoin , more profit .

Bitcoin can go up to $ 10,000 dollars by 2020, but everyone expects $ 10,000 dollars in a week. I do not think the $ 9,000 level will be very permanent. Etherum began to retreat a little.

[musharaf]

From the various experts of bitcoin I came to know that the price will grow further more in the 2018-19 & 2020 as well. The bitcoin is opening many opportunities in the coming years like the countries will become more advance as the bitcoin introduce the ATM service everywhere in the world. And the users become happy through this digital system as these users will be able in the 2020 to start businesses where they will pay and receive in the currency like bitcoin.

[BlackPanda]

If it goes well then I'm very sure Bitcoin can run the first scenario (A). It does look very convincing because currently Bitcoin's price has started to reach $ 8.900 and looks to move beyond 9,000 $. So I'm pretty confident there will be an increase again and all scenarios in the picture only show the price of Bitcoin which is at rates below 8,000 $.

If the price of Bitcoin can reach 10,000 $ then it is not a miracle, now bitcoin increasingly in demand and this has proved that Bitcoin has become a necessity for many people. Bitcoin is used as a currency and Investment for most people.

[Bagaji]

Which scenario from the chart below is most likely to play out in the future? What do you think?
I will periodically update the chart to reflect the BTC price movements.

(somehow I cannot get the image to display in the topic itself, any tips?)

We expect Bitcoin value to be trade at sum of $20000 by 2020 this is because of the current trend at which the demand for Bitcoin and crypto currency in general is increasing astronomically so whoever is holding Bitcoin at the moment should continue to hold as there is a greater future ahead for people who will continue to hold.  Although there is going to be correction in between the period before 2020 speculation.

[jevee]

Bitcoin prices are in insane bull run atm. It seems that even your most optimistic scenario isn't bullish enough. 🙂 I'm sure correction is coming but since institutional money is flowing in cryptos like crazy this correction might not be happening any time soon. Banks are greedy and will definitely buy every dip.

[Inkdatar]

In my own prediction for me the possible price of bitcoin in the year of 2020 is 10k upto 15k dollars . But we don't know if that happen or not but I hope it will happen so we can make more profit in the future. Pump bitcoin , more profit .

Bitcoin can go up to $ 10,000 dollars by 2020, but everyone expects $ 10,000 dollars in a week. I do not think the $ 9,000 level will be very permanent. Etherum began to retreat a little.

Bitcoin has the big chance to hit more than $10k probably $20k. The current price is increasingly high, yes I believe we can earn big in the future for holding bitcoin. Even there is ethereum began to increase bitcoin will the best and on top cryptocurrency.

[jayhawk1]

In my own prediction for me the possible price of bitcoin in the year of 2020 is 10k upto 15k dollars . But we don't know if that happen or not but I hope it will happen so we can make more profit in the future. Pump bitcoin , more profit .

Bitcoin can go up to $ 10,000 dollars by 2020, but everyone expects $ 10,000 dollars in a week. I do not think the $ 9,000 level will be very permanent. Etherum began to retreat a little.

Bitcoin has the big chance to hit more than $10k probably $20k. The current price is increasingly high, yes I believe we can earn big in the future for holding bitcoin. Even there is ethereum began to increase bitcoin will the best and on top cryptocurrency.

Bitcoin will stay on top and ethereum get chance to gain some attention of people just because price of bitcoin has gone high in no time and people have not that much money to buy that’s why as a backup plan investor invested into ethereum and as price of bitcoin is at 9000$ in no time it will cross the next big value and then will be in five figures to show hatters who were talking about that it will crash but it has gone up.

[Arkham Knight]

I can feel that 2020 is where bitcoin already dominated the financial system and it is currently used in many fields so it could be $100k or more than that. I'm very positive with that because the bitcoin community just keep growing and supporting it all the way.

[thecodebear]

Pretty darn confident Bitcoin will be at least $100k in 2020.

[Best Dreams]

2020 is really long time period for price prediction. But minimum is 12000$ and i cannot find a highest level.
If we are talking when i will sell my bitcoins then i will sell if bitcoin price hit 100k$ then i will get retired for sure.

are you sure you think what is the growth of the price of bitcoin it is really? can't understand where are taken these figures, as forum already full various forecasts to this question. .

This is a very good question but I think this question is related with prediction and I think there’s no doubt that bitcoin price will be very high in 2020 because if we check the performance of bitcoin in past years so there is no doubt that bitcoin really achieved a lot of goals and still bitcoin is trying to ached a lot of things and end of this year bitcoin will be accepted by some countries so 2020 I think bitcoin will be rocking because the users will be in millions.

[Best Dreams]

2020 is really long time period for price prediction. But minimum is 12000$ and i cannot find a highest level.
If we are talking when i will sell my bitcoins then i will sell if bitcoin price hit 100k$ then i will get retired for sure.

are you sure you think what is the growth of the price of bitcoin it is really? can't understand where are taken these figures, as forum already full various forecasts to this question. .

This is a very good question but I think this question is related with prediction and I think there’s no doubt that bitcoin price will be very high in 2020 because if we check the performance of bitcoin in past years so there is no doubt that bitcoin really achieved a lot of goals and still bitcoin is trying to ached a lot of things and end of this year bitcoin will be accepted by some countries so 2020 I think bitcoin will be rocking because the users will be in millions.

[Erkallys]

Pretty darn confident Bitcoin will be at least $100k in 2020.

I am following your path mate. By the end of 2020, 100 000$ per bitcoin is something I am sure of. Until that time many more people will come, Bitcoin will get the exposure it deserves and the magical moon phenomenon, the halving, will also take place. 2020 will be an awesome year indeed.

[oegarod]

Pretty darn confident Bitcoin will be at least $100k in 2020.

Yes, that's the reality. We might be experiencing the price to be around $100000, because the user base we've at present haven't reached a big number. Now what we've is less than 5% of population. when this increases, the price will increase automatically and by 2020 halving play a big role growth periodically.

[justdimin]

I can feel that 2020 is where bitcoin already dominated the financial system and it is currently used in many fields so it could be $100k or more than that. I'm very positive with that because the bitcoin community just keep growing and supporting it all the way.

Apparently, the scenario A is playing out already now. Even bitcoin right now has surpassed the expectation of the first scenario and now we have it above $11,000 when even the scenario A speculated bitcoin to be around $8,000 by 2018. I guess we are in for a nice ride and with the look of things; we will just have to see how bitcoin is going to end up by 2020.

In positive thinking, I am expecting bitcoin prices to hit one millions dollars levels before 2020. Yes, I am expecting one billion level in a decade of time.

[Dr.Osh]

I can feel that 2020 is where bitcoin already dominated the financial system and it is currently used in many fields so it could be $100k or more than that. I'm very positive with that because the bitcoin community just keep growing and supporting it all the way.

Apparently, the scenario A is playing out already now. Even bitcoin right now has surpassed the expectation of the first scenario and now we have it above $11,000 when even the scenario A speculated bitcoin to be around $8,000 by 2018. I guess we are in for a nice ride and with the look of things; we will just have to see how bitcoin is going to end up by 2020.

In positive thinking, I am expecting bitcoin prices to hit one millions dollars levels before 2020. Yes, I am expecting one billion level in a decade of time.

I just thought that the bitcoin price at that time would be very high. by 2020, maybe bitcoin will become legal worldwide. because of the very fast development this year, it makes me think that the same developments will be given in the years that follow.

[syarifudin]

I can feel that 2020 is where bitcoin already dominated the financial system and it is currently used in many fields so it could be $100k or more than that. I'm very positive with that because the bitcoin community just keep growing and supporting it all the way.

Apparently, the scenario A is playing out already now. Even bitcoin right now has surpassed the expectation of the first scenario and now we have it above $11,000 when even the scenario A speculated bitcoin to be around $8,000 by 2018. I guess we are in for a nice ride and with the look of things; we will just have to see how bitcoin is going to end up by 2020.

In positive thinking, I am expecting bitcoin prices to hit one millions dollars levels before 2020. Yes, I am expecting one billion level in a decade of time.

I just thought that the bitcoin price at that time would be very high. by 2020, maybe bitcoin will become legal worldwide. because of the very fast development this year, it makes me think that the same developments will be given in the years that follow.

yes maybe that's all we can expect from bitcoin will have a high value in 2020 because along with increasing bitcoin users in various countries of course, but being a legal currency I'm not sure it will happen to bitcoin.dan too early to declare bitcoin as a legal currency.

[Gabb]

All these predictions based on technical analysis have shown again and again how ridiculous they are, but people continue to take them as an essential reference to plan their investment strategies. If nobody in their right mind could predict earlier this year that the price of bitcoin would be above $10,000 at this time, with more reason it seems impossible to predict the price in 2020.

[hynext]

No one could predict the value of bitcoin today and more coming years. We only wait and see, what will happen in the future. 2020 is very far ahead we can't predict it by ourselves.

[Quantex]

I can feel that 2020 is where bitcoin already dominated the financial system and it is currently used in many fields so it could be $100k or more than that. I'm very positive with that because the bitcoin community just keep growing and supporting it all the way.

Apparently, the scenario A is playing out already now. Even bitcoin right now has surpassed the expectation of the first scenario and now we have it above $11,000 when even the scenario A speculated bitcoin to be around $8,000 by 2018. I guess we are in for a nice ride and with the look of things; we will just have to see how bitcoin is going to end up by 2020.

In positive thinking, I am expecting bitcoin prices to hit one millions dollars levels before 2020. Yes, I am expecting one billion level in a decade of time.

I just thought that the bitcoin price at that time would be very high. by 2020, maybe bitcoin will become legal worldwide. because of the very fast development this year, it makes me think that the same developments will be given in the years that follow.

yes maybe that's all we can expect from bitcoin will have a high value in 2020 because along with increasing bitcoin users in various countries of course, but being a legal currency I'm not sure it will happen to bitcoin.dan too early to declare bitcoin as a legal currency.

I don't really think that bitcoin will be hanging out around the current prices. It will go up and make new all time high values.

The market of crypto is still bullish clearly.

[micleeiu398]

2020 is really long time period for price prediction. But minimum is 12000$ and i cannot find a highest level.
If we are talking when i will sell my bitcoins then i will sell if bitcoin price hit 100k$ then i will get retired for sure.

are you sure you think what is the growth of the price of bitcoin it is really? can't understand where are taken these figures, as forum already full various forecasts to this question. .

This is a very good question but I think this question is related with prediction and I think there’s no doubt that bitcoin price will be very high in 2020 because if we check the performance of bitcoin in past years so there is no doubt that bitcoin really achieved a lot of goals and still bitcoin is trying to ached a lot of things and end of this year bitcoin will be accepted by some countries so 2020 I think bitcoin will be rocking because the users will be in millions.

Yeah users will be in million at that time because now there are more than 5 lac user across the globe and the price is going so high just imagine till 2020 everyone will know about bitcoin and most probably everybody will be investing into the bitcoin but the main thing is the supply that is limited to 21 million bitcoin my question is what will happen when these 21 million will be in the investor hands what will be next then.

[w@p]

January 2018 update.
Guess by now we all know what happened.
Even scenario A was too conservative: https://i.imgur.com/Cr0BsQ0.png

[gayletot]

Which scenario from the chart below is most likely to play out in the future? What do you think?
I will periodically update the chart to reflect the BTC price movements.

(somehow I cannot get the image to display in the topic itself, any tips?)

The reason the image is not displayed is because you are a newbie.
You should be able to see it in my reply.
People are unable to predict BTC's price in the current year. 2020 is a long way away.  

and the current trend of the BTC is that and in the next few years you will not really see the image just before you can say that the BTC is going well. no one knows whether he will increase the value or the value will decrease.

[shaadsufi]

It depends on the market position at that time, many people think that the since the bitcoin is becoming popular and mass adoption is occurring bitcoin will be more valuable than any other coin in the new years however this depends on the international policies

[laracastvue]

It depends on the market position at that time, many people think that the since the bitcoin is becoming popular and mass adoption is occurring bitcoin will be more valuable than any other coin in the new years however this depends on the international policies

The price of bitcoins can grow even further but it will be always depending on the situation of the market because prices is based on supply and demand so there is always a chance for the price of bitcoins to pump up so hard.

[wizmo]

I don't think we can predict the market like this as we don't even know what will happen tomorrow and speculations like this won't help anyone at all but bitcoin price is very volatile and last year we shocked by the huge price increase but in 2020 I think it may cross $30000/bitcoin. It may not be true but I hope it will.

[7jaka7]

It depends on the market position at that time, many people think that the since the bitcoin is becoming popular and mass adoption is occurring bitcoin will be more valuable than any other coin in the new years however this depends on the international policies

The price of bitcoins can grow even further but it will be always depending on the situation of the market because prices is based on supply and demand so there is always a chance for the price of bitcoins to pump up so hard.

But in case the demand will get lower (other coins might be better) also price will follow. So I think that limited supply can also be deceiving in this matter.

[qazgroup]

See the power of the btc, we have already gone off the charts that you posted and if i try to realistically answer your 2020 price question, i think after halving btc will easily grow over $100k mark, although this may happen earlier but in 2020 it will have more peobability.

[valentine401]

Pretty darn confident Bitcoin will be at least $100k in 2020.

In my own opinion, it was actually possible to reach $100k dollars if most of the people are going to invest a huge amount every end of the year because the price will just multiply and keep on increasing.

[ajqjjj]

Pretty darn confident Bitcoin will be at least $100k in 2020.

In my own opinion, it was actually possible to reach $100k dollars if most of the people are going to invest a huge amount every end of the year because the price will just multiply and keep on increasing.

I think it is impossible on 2020 because Bitcoin is a highly recommended platform so many investors are buying this coin so this will gradually but we should not predict when it will reach 100k USD and my prediction is more than 40k USD on 2020. Next year many Legalization is possible on Bitcoin so we should wait see the future result.

[alex.ac.ab]

I think the price will be equal to 15000 dollars.