Can Bitcoin hit 100k in 2020?

[UmerIdrees]

This has been going on for years now, can bitcoin reach X price at X time, alot of people have unreal expectation for the bitcoin price, i think people who thinks like this are just here to become rich effortlessly which i don't blame them.

How many people predicted that bitcoin will reach 20K by end of 2017 ? Many people were of the view that 10,000$ would be the maximum bitcoin can reach in 2017 but bitcoin did manage to move up the expectations. Now people are aiming for 50K or 100K bitcoin price and i am sure bitcoin will keep up with these expectations too.

[Sebas.tian]

It all depends on level of mass adoption. If the price increases due only to news and massive speculation, it will increase parabolic ally and I'm sure it would negatively affect the long term price. I personally think that a year or two is not enough if we want an natural growth to 100k$.

[sarmrakib]

Its over prediction and hope that it could touch 100k .The recent market situation telling us that it will climb the up to the mountain .However It look like towards 10k .The trend are so strong we can hope the moving will be fast to the up but we can't expect it to the over . The market will go with its own behave .Now let's see what happen in next year to the market.

[Gi01]

Looking at what's happening in the crypto market just now, there are good possibilities that Bitcoin might be able to hit the 100k price assumption in 2020 but there is also another possibility of it dropping down back to $3k in 2020. The crypto ecosystem is very unpredictable and things can change within a matter of seconds.

[thecodebear]

I have quite high confidence that Bitcoin will hit $100k during the current bull market, but I think the market won't reach its next peak until 2021, so I don't think it'll pass $100k until 2021.

I do think it'll pass $20k next year which will set off the next crazy FOMO part of this market cycle, like passing the old ATH peak always does, but I think we'll see 2020 close with the FOMO only partially done, maybe it'll be like $40k or something when 2020 closes and will hit $100k in the first 6 months of 2021. That'd be my guess.


Though with that said, so far this bull market is moving fast. I think that is because institutional investors have been dipping their toes in during the bottom and during this young bull market. So I could potentially see this cycle going quicker than the last one (just as the bear market and the bottom of the market were both shorter than the ones in the last cycle in 2014/2015). So I think it is possible that this bull run goes quicker and ends by the end of 2020. It all depends on if institutional investors stay in until $100k or if they bail part way up after getting what is for them incredible returns, perhaps not wanting to risk it further later in the bull market. Anyway, we'll see how it all plays out.

[boyptc]

Looking at what's happening in the crypto market just now, there are good possibilities that Bitcoin might be able to hit the 100k price assumption in 2020 but there is also another possibility of it dropping down back to $3k in 2020. The crypto ecosystem is very unpredictable and things can change within a matter of seconds.

It is a long way to go before we hit $100k by 2020 but who knows what will be the implications with the upcoming halving will do by that time.

It will be everyone's dream if bitcoin hits early $100k by 2020.

[chaoscoinz]

Bitcoin is about to get a lot more expensive than it is today,
So is it possible to see Bitcoin price hovering around 100k each by next year and why?


Source:   https://medium.com/@Amiono4/can-bitcoin-hit-100-000-in-2020-a4c424cc1d34  

I doubt it, $100k is alot to achieve from $8000 right now. Maybe the price will hit over $10k when an ETF is approved. It could very well go to $20k, but anything more would be inflated and would crash hard. Only time will tell for sure!

[Finestream]

Bitcoin is about to get a lot more expensive than it is today,
So is it possible to see Bitcoin price hovering around 100k each by next year and why?


Source:  https://medium.com/@Amiono4/can-bitcoin-hit-100-000-in-2020-a4c424cc1d34 

I doubt it, $100k is alot to achieve from $8000 right now. Maybe the price will hit over $10k when an ETF is approved. It could very well go to $20k, but anything more would be inflated and would crash hard. Only time will tell for sure!

Right.I think reaching the amount of $20k by next year might be hard to believe but i'm also positive that anything will happen when the market won't stop to be bullish.Yes,it might cross the amount of $20k in just all of a sudden or the other way around,will go down below $6k again.Only time can tell.

[coin-investor]

Bitcoin is about to get a lot more expensive than it is today,
So is it possible to see Bitcoin price hovering around 100k each by next year and why?


Source:   https://medium.com/@Amiono4/can-bitcoin-hit-100-000-in-2020-a4c424cc1d34  

There are a lot of experts prediction about the price of Bitcoin and I do believe in some of their predictions, but a $100k for just a year is not realistic for me, there should be good data backed by why it should go on that level this early and I don't believe in just the production value as stated by that article.

[abstractednerve]

NO!! I am very much sure about it that Bitcoin won't reach at the 100K USD!100K USD is huge and it will not be easy to raise for the Bitcoin. Bitcoin needs more investors and real-life usage, it needs more supporters too! Many countries banned cryptocurrency, this will be another drawback! India, China, and some other big countries banned Bitcoin! If every country accepts cryptocurrency then 100K USD will happen for the BTC!

[indrakusumaindra]

Bitcoin is about to get a lot more expensive than it is today,
So is it possible to see Bitcoin price hovering around 100k each by next year and why?


Source:   https://medium.com/@Amiono4/can-bitcoin-hit-100-000-in-2020-a4c424cc1d34 

well i dont think so, its true that we are now on bull market but 100k is too unrealistic. I do think bitcoin will hit the new high but i think 100k is impossible but it might be real and maybe it would take some years.

[Mehr Sher]

I don’t think there is any logical way to say about this. But one thing is for sure and that is the popularity of Cryptos. It is for sure on high and for obvious reasons too. So we could see something like that a very much realistic possibility. However, there is just nothing that can be guaranteed. So we have to avoid that fixed mind set. One important aspect is keeping up with Crypto News, which will for sure benefit us in long run.

[Ozero]

This has been going on for years now, can bitcoin reach X price at X time, alot of people have unreal expectation for the bitcoin price, i think people who thinks like this are just here to become rich effortlessly which i don't blame them.

How many people predicted that bitcoin will reach 20K by end of 2017 ? Many people were of the view that 10,000$ would be the maximum bitcoin can reach in 2017 but bitcoin did manage to move up the expectations. Now people are aiming for 50K or 100K bitcoin price and i am sure bitcoin will keep up with these expectations too.

However, next year Bitcoin will not reach the price of one hundred thousand dollars. Vseravno in such a sharp rise in its price, I do not believe. 20 000 - 25 000 can still be, although this is problematic, but not 100 000 dollars. Can you imagine how Bitcoin holders will sell it when it starts to grow so sharply? At the same time, it will constantly fall because of this, and therefore such growth is simply impossible even theoretically.

[killat]

Its a game of patient, if you want quick money try sports betting. Easy triple your money or losing it.

However,  100k in 2020 is rather unrealistic.

[Kensyin]

if the prediction in 2020 Bitcoin soars, I think it's possible and if that happens. ?? then there are things that cause the price of Bitcoin to soar that fast or maybe vice versa. time will answer and now we will soon enter 2020, hopefully the prediction is correct.

[Carrelmae10]

Bitcoin is about to get a lot more expensive than it is today,
So is it possible to see Bitcoin price hovering around 100k each by next year and why?


Source:   https://medium.com/@Amiono4/can-bitcoin-hit-100-000-in-2020-a4c424cc1d34 

..this seems to be unrealistics and too much expectection on the side of Bitcoin..in the past few years,,the maximum Bitcoin price have reach $20,000..and yet it continue to fall down on the succeeding days,,but as for the person who believes and hope for Bitcoin price to reach $100K,,it is not impossible for as long as many demand and many would adopt the use of Bitcoins in all transactions,,this will going to happen..

[uray]

Bitcoin is about to get a lot more expensive than it is today,
So is it possible to see Bitcoin price hovering around 100k each by next year and why?

It all depends upon how the market will decide according to the investments coming in, there is a lot of manipulation in the market and we all know that and since majority of the countries have no regulation regarding this, these sort of things will happen and we might see a bull run over $100k in the next few years, but the main question you have to ask is, will the market stay above $100k for a long period of time or will it be a bubble ?.

[KenChanYu]

Bitcoin is about to get a lot more expensive than it is today,
So is it possible to see Bitcoin price hovering around 100k each by next year and why?

It all depends upon how the market will decide according to the investments coming in, there is a lot of manipulation in the market and we all know that and since majority of the countries have no regulation regarding this, these sort of things will happen and we might see a bull run over $100k in the next few years, but the main question you have to ask is, will the market stay above $100k for a long period of time or will it be a bubble ?.

This has been going on for years now, can bitcoin reach X price at X time, alot of people have unreal expectation for the bitcoin price, i think people who thinks like this are just here to become rich effortlessly which i don't blame them.

How many people predicted that bitcoin will reach 20K by end of 2017 ? Many people were of the view that 10,000$ would be the maximum bitcoin can reach in 2017 but bitcoin did manage to move up the expectations. Now people are aiming for 50K or 100K bitcoin price and i am sure bitcoin will keep up with these expectations too.

However, next year Bitcoin will not reach the price of one hundred thousand dollars. Vseravno in such a sharp rise in its price, I do not believe. 20 000 - 25 000 can still be, although this is problematic, but not 100 000 dollars. Can you imagine how Bitcoin holders will sell it when it starts to grow so sharply? At the same time, it will constantly fall because of this, and therefore such growth is simply impossible even theoretically.

We have different perspection on speculating bitcoin's future, some are doubt and frustrated but mostly are encouraging and positive. As long as a lot of people who keep and resemble this asset, there is always a chance that bitcoin's price will reach up to $100k, just be determined and positive on engaging consequences. And its occurence will diffinitely show in the right time.

[Distinctin]

Bitcoin is about to get a lot more expensive than it is today,
So is it possible to see Bitcoin price hovering around 100k each by next year and why?

It all depends upon how the market will decide according to the investments coming in, there is a lot of manipulation in the market and we all know that and since majority of the countries have no regulation regarding this, these sort of things will happen and we might see a bull run over $100k in the next few years,

There is a possibility basing on the history of price movement of bitcoin, it the early stage bitcoin was around $0.008–$0.08 based on my research and if you will compare that price now, that means a huge increase that people never imagine in the early stage.

one word, always believe and don't doubt bitcoin's future.

but the main question you have to ask is, will the market stay above $100k for a long period of time or will it be a bubble ?.

We can think of that later, after bitcoin achieved $100K.

[Jgod]

100k is very un-realistic in my opinion. ideal would be btc back to around 20k at end of this year with maybe peaking somewhere around 24-25k sometime.then in 2020 we can hope for 40k ishh or atmost 50k.