what will bitcoin be worth in 5 years {2020} ?

[Amine05]

Just a few hours after our previous alert, Bitcoin hit new all-time highs on several exchanges, rising to $2800 in Asian trading, just two weeks after a painful 30% decline that carried BTC’s price below $2000. The most valuable cryptocurrency is up more than three-fold since hitting $900 in March.

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What’s next for Bitcoin?

Some analysts call it a bubble of epic proportions, some say that it’s just the beginning of a revolution and BTC is headed towards $4000 until the end of the year or even $1 million in 5-10 years. What’s sure, is that volatility will increase once again in the cryptocurrency, and that will likely affect altcoins as well. Litecoin and Monero have been showing strength among the alternative coins during the rally today, while the main rival of BTC, Ethereum traded near it’s all time high.

Asian demand and adoption drove the recent leg of the rally, and while another steep correction is possible, there could be several waves of new investors and traders flooding the segment. The aggregate value of the cryptocurrency market just hit $100 billion, a far cry from being a meaningful number in today’s world, where central bank’s hold trillions of assets in the quest of keeping the global economy afloat, while only a small percentage of the investor community dared to touch Bitcoin et. al so far.

The blockchain technology behind Bitcoin is likely here to stay, but it’s hard to tell right now, which cryptocurrencies will emerge as the winners of the segment, Bitcoin is currently holding slightly less than 50% of the total value of the coins, while Ethereum accounts for half of that. For now, traders should keep their seatbelts fastened, as fireworks are almost assured in the coming days!

What’s important, is that traders should keep their seatbelts fastened, as fireworks are almost assured in the coming days 

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[Duzter]

By 2020 I expect as well predict the price will be sitting closer to $5000 or above $5000. The reason is that by 2018 a good price increase is expected as more and more Countries have been coming into digital currency development. Along with this by 2020 a halving takes place so sure a next price increase is assured. So the price reaching $5000 has got increased chance.

[Amine05]

By 2020 I expect as well predict the price will be sitting closer to $5000 or above $5000. The reason is that by 2018 a good price increase is expected as more and more Countries have been coming into digital currency development. Along with this by 2020 a halving takes place so sure a next price increase is assured. So the price reaching $5000 has got increased chance.

i hope see it above 5K usd dude

[Viviyang]

If you ask from me then I will say that watching the current rally, $10k is also looking small for price of 1 bitcoin in year 2020.
And I hope the support and the bullish behaviour never ends and bitcoin will be the new money that the world will be using.

[talkbitcoin]

after a painful 30% decline that carried BTC’s price below $2000. The most valuable cryptocurrency is up more than three-fold since hitting $900 in March.

maybe my English sucks but i don't like calling these price drops as "decline". it was a massive sell off that was caused by panic and newbie non-believers and more importantly it was because these damn exchanges are too small. selling a couple of thousands causes a big drop!

and even more importantly, it didn't last long.

Some analysts call it a bubble of epic proportions,

link?

while the main rival of BTC, Ethereum traded near it’s all time high.

ahhhh, this again!
ethereum is not even a currency to be considered bitcoin's "rival"...
and don't get me started on the centralization of it!

The blockchain technology behind Bitcoin is likely here to stay, but it’s hard to tell right now,

the technology is here to stay there is no doubt about it. it is already being adopted by many sectors.

Bitcoin is currently holding slightly less than 50% of the total value of the coins,

market cap =/= value

[audaciousbeing]

By 2020 the possibility of bitcoin going to a new time high is very much possible considering the various encouraging news happening both offline and online even with the Blockchain  technology getting accepted here and there. However, we should not oblivious of the fact that as opportunities abound so likewise challenges in bitcoin which rallies around acceptance, dominance, as well as competition in which quite a number of people will not be happy about. So, we should be cautious in making unnecessary projection into the future.

[lionheart78]

I think Bitcoin price in 2020 will be at least $5k .  One of the factor that Bitcoin would be at least that price, is the scheduled halving.  Aside from that possibly more country will adopt bitcoins and the scaling issue wont be an issue anymore.  There will be more bigger company involved in Bitcoin by that time since they got a sample from countries like Japan and Australia.

[pearlmen]

I think Bitcoin price in 2020 will be at least $5k .  One of the factor that Bitcoin would be at least that price, is the scheduled halving.  Aside from that possibly more country will adopt bitcoins and the scaling issue wont be an issue anymore.  There will be more bigger company involved in Bitcoin by that time since they got a sample from countries like Japan and Australia.

You cannot say for sure that the price of bitcoin would reach $5000 in 2020 and just focusing on only factors that would make that possible without considering the fact that there are several factors that could make that impossible to achieve starting from the intervention from government and the various transaction issues in the way of bitcoin as well as increasing transaction costs.

[ladydark]

If you ask from me then I will say that watching the current rally, $10k is also looking small for price of 1 bitcoin in year 2020.
And I hope the support and the bullish behaviour never ends and bitcoin will be the new money that the world will be using.

Sure,if bitcoin continues to rise in this speed,it would definitely cross $10,000 by 2020.Bitcoin has created a revolution in the world economics.It seems that it would still continue in the bullish trend.

[ArdiPrabowo]

in year 2020 or after halving bitcoin price can incraese very high
can incraese reach 4000 - 5000 dollar, with bitcoin price 2500 - 3000 dollar , many problem confirmartion and high sending fee, if bitcoin price incraese very high over 5000 dollar can big problem

[bicork]

Check what I found in Telegram

Daily average BTC price change:
2010: +0.82%
2011: +0.76%
2012: +0.26%
2013: +1.11%
2014: -0.25%
2015: +0.09%
2016: +0.22%
2017: +0.66%

If this 7-year trend will continue (+0.42% a day) - 1 BTC will hit $250,000 in 2020 гoдy.

[Gotottack]

Check what I found in Telegram

Daily average BTC price change:
2010: +0.82%
2011: +0.76%
2012: +0.26%
2013: +1.11%
2014: -0.25%
2015: +0.09%
2016: +0.22%
2017: +0.66%

If this 7-year trend will continue (+0.42% a day) - 1 BTC will hit $250,000 in 2020 гoдy.

What an analysis. If that would be the case and bitcoins continue this path then 2020 would be a good year for me to retire from all of these and just carry my bitcoins till I use it all up or I die before I do.

Though at $250,000 that means a single satoshi would be worth 0.0025 USD. Which mean it would be super expensive to send a single transaction.

[BlackPanda]

The year 2020 is still too long in my opinion. Anything can happen in that year, with the current increase going I might say that bitcoin prices could reach 5000 $. With a more extreme increase may reach 6000 $ to 7000 $. Everything can happen to bitcoin.

[mol76]

If Bitcoin becomes a kind of digital gold, not for small transactions, but as storage of value, the price can reach as high as $ 10,000 or more.

[helpmywallet]

It's already super expensive to send a transactions $1+ to send small transactions is a bit much. We have to figure out a better way. An off-chain provider like Xapo has the right idea but I don't think they are the ones to fix the problem.

[Torque]

If Bitcoin becomes a kind of digital gold, not for small transactions, but as storage of value, the price can reach as high as $ 10,000 or more.

Bitcoiners don't want to admit it, but it's primary use has been exactly that for years now. No one is out there buying hundreds of thousands of $$$ in bitcoin just so they can have unlimited number of coffee purchases in the future.

It wouldn't even matter if transaction fees came back down to $0. People still won't be buying coffees and croissants with bitcoin. Too much work, easier to use fiat debit cards, esp. when the fiat purchasing value is falling virtually every day. Why would I want to waste my bitcoin on a cup of coffee when I have fiat?

Again, the community can be ridiculously disingenuous to what is actually happening with Bitcoin now and in the future.

[traderethereum]

I think Bitcoin price in 2020 will be at least $5k .  One of the factor that Bitcoin would be at least that price, is the scheduled halving.  Aside from that possibly more country will adopt bitcoins and the scaling issue wont be an issue anymore.  There will be more bigger company involved in Bitcoin by that time since they got a sample from countries like Japan and Australia.

many people is want the price is increase until more than $5k but for up until that price, we need to waiting while we can make a profit for the price now. i think the price can increase so fast and we can see the price soon because for todays, there are many country that is interesting with bitcoin and they want to accepting bitcoin as the payment and we can waiting for this is really happen.

[ivanst776]

In less than 3 years I expect the price to be triple and around 10k, it might sound big but with the current trending of bitcoin price and the increase flow it can be reached in the upcoming years.

Besides bitcoin I think that other currencies will have increase too and a lot of new coins will be "invented" and change the world.

Where was the crypto world and the community before 10 years? Compare with now and you can see how fast is growing bitcoin and the crypto world itself. 

[reflector]

By 2020 I expect as well predict the price will be sitting closer to $5000 or above $5000. The reason is that by 2018 a good price increase is expected as more and more Countries have been coming into digital currency development. Along with this by 2020 a halving takes place so sure a next price increase is assured. So the price reaching $5000 has got increased chance.

Among all this we will see the next bitcoin halving on the same year. Normally in the halving time price use to double in the chart and till continuous price pump hitting on the chart till the 2020. That time itself price will turned to 5000$. Later on that bitcoin value bump again and it will touch to 8000$ to 10000$ end of the 2020.

[bering]

cryptocurrency is unique and the movement price is not just like traditional currency such as dollar because there is always a possibility to dropped or rise up at the same day with huge movement but regarding bitcoin if for next 3 years there will be more countries accept or admit bitcoin i think the price will hit between $5k-$10k or probably above