Can Bitcoin hit 100k in 2020?

[klaaas]

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.

Indeed. When 100k will be kissed it is a new ath to break and we will see if its a bubble. 

Wont see 100k happen in 2020, the uptrend needed is huge.

[sushil7045]

halving is in 2020 so i think 1 year after halving we can see bitcoin all time high which can surely touch $100,000. so i think we can see $100,000 by may 2021

[suryati]

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.

I agree with you, it is very unrealistic to reach 100 K, in my opinion the increase will occur in the range of $ 50 K in 2020 no one knows, the most important thing is try to buy bitcoin at the lowest price.

[Dreamchaser21]

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’m very confident about bitcoin but a price like this needs more time. We are on the middle of 2019 and yet the price is still below $10k so its too impossible to reach a higher level even if there’s a big news. $100k is unrealistice for me in 2020, i don’t want to fee FOMO.

[maydna]

$100k will be a very highest price in that year, and that will make all people will be happy to sell their bitcoin, especially for people who have a lot of bitcoin. It could be happening in the future since we don't have any clue about the future. But I guess many people are willing to waiting for that price and they will try to save more and more bitcoin from now on. The price now does not reach $10k as the other says so we can buy from a small amount of bitcoin and hold it into our wallet.

[partysaurus]

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.

feels abit dreamlike for it to hit 100k just getting back to all time high is a long way left, and when we hit that we can start talking about other goals that might be possible in the future.

[lepbagong]

It can be realistic but it can't be, seeing the current trend of bitcoin is indeed a time to excite and lead to a positive direction and move on to increase. but is it possible to get $ 100k next year? it seems that I still haven't seen it going to happen, but there will be changes like when 2017 might be realistic this year. and will move on until next year and I will not see it as you predicted.

[Cryptohistory7]

Never say never - I think it's definitely a possibility, but there are a few factors to think about when speculating BTC prices. Like all currencies virtual or otherwise, it's still subject to the market cycle. Even with BTC's current bullish run, from now till 2020 we're going to see quite a lot of highs and lows throughout and I personally think that with the time period and market cycle - it'll take sharp growths in order for the price to grow exponentially to 100k. BTC is still pretty volatile and while we are seeing great growth these few weeks, it only takes a whale to do a single big BTC transaction for the price to dip/crash, like it happened on May 17. It'll take something drastic for the price to rise that high I think which also includes other factors like worsening global political tensions, a huge global recession etc.

[Al-e_x]

I think that is very possible because in 2020 bitcoin will experience hardfork and it will reduce mining rewards, bitcoin will be difficult to get and make the price go up

[Fabienne_ayy]

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 

Nope, I would say it is impossible by next year to reach 100k

[hahahafr]

100k in 2020 is a large chunk to take in  . Anyway we are all aware of the way bitcoin has started increasing in price but i strongly think it's way too early to call for such a huge price of bitcoin by next year, From the little reading that i have done, the price by 2020 would be hovering within the ranges of $15k-$20k.

These are all personal assessment and predictions y'all don't invest based on this piece of information. Do your own research!

[EdenHazard]

If the price bitcoin has reached $20.000 then we will look for the new ATH again. But I doubt if the price bitcoin can be reach 100k the end of this years. Maybe we can find the realistic price such as $30.000 till $50.000 that will be reach by bitcoin. I'm happy with the increased price at this time because I can buy when its price still $4200 and it will be good I'll sell it before the correction comes.

[Vishnu.Reang]

Theoretically it can reach that level, but I wouldn't be that optimistic. By mid 2020 we'll be having the block reward halving. The impact of that event will be visible only after 12 to 18 months. So in all probability, by 2022 or 2023 we'll be having a new ATH. But then, I don't know whether there will be enough momentum to take it past the 100k mark.

[piebeyb]

I almost focused a little on her tweet John McAfee
I feel like he is seeing something in the future, out of nowhere he gets that information, but if I see if the price of bitcoin continues to rise in the next few months, it will be amazing and lead exactly to its predictions, back to all of us to believe it or not, can only wait and be patient now to see it later in 2020 

[maldini]

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 I think it's too big to reach that target and it's very fast, even though I know bitcoin can achieve it quickly but this must be supported by good news and support from the popes. My speculation in 2020 is that at least Bitcoin was able to penetrate the year 2017, after which it arrived at which point.

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.

I think for this if it's really achieved bitcoin will drop like last 2017, if $ 100k is reached at least bitcoin will drop to $ 20k / $ 30k. The market is always fluctuating, there are times when bitcoin will stay at $ 100k, just waiting for a few more stages...

[markcryptoexpert]

Wow 100K. I wonder how much one transaction will cost in this case.

[sinta23]

100k in 2020 is a large chunk to take in  . Anyway we are all aware of the way bitcoin has started increasing in price but i strongly think it's way too early to call for such a huge price of bitcoin by next year, From the little reading that i have done, the price by 2020 would be hovering within the ranges of $15k-$20k.

These are all personal assessment and predictions y'all don't invest based on this piece of information. Do your own research!

absolutely right it is still too high for 100k, indeed nothing is impossible but this is so fantastic. hehe, I have a range of $ 15-20

[uray]

halving is in 2020 so i think 1 year after halving we can see bitcoin all time high which can surely touch $100,000. so i think we can see $100,000 by may 2021

This is a good analogy when it comes to big rallies in bitcoin yet we are experiencing a big movement in bitcoin price and it is on the verge of touching $9k and i did not expect a turn around in the market situation this early, your analysis is correct as the price usually moves higher after the halving and usually touches the all time high valuation within one year of halving but since this is a new market anything is possible and you cannot exactly predict how the price will move.

[selectaselectine]

That is too good to be true just like cloud mining promises. Of course it is better to start slow maybe a $20k for the next year to prevent inexperienced people calling it a bubble again. $100k is still far enough to happen. All we could do is to stay positive and wait for the bitcoin reach a new milestone little by little.

[Initscri]

Anything in possible, but that's quite a jump. I'd probably estimate a risk back to 25K (originally selling point), and then a dropdown back to 15K to settle for a while.

_{I'm talking CAD btw, convert to USD}