Can Bitcoin hit 100k in 2020?

[omone1]

Next year is an important year for bitcoin, it may not hit $100k but we are definitely not going to see it buy cheap like we currently have now, there will be much hoarding of bitcoin as reward per block is halved. 

[oseikuf44]

2020 is just a few months away and predicting 100k is impossible to achieve. If you are targeting 10k as at 2020 no doubt about that but for 100k it is going to take a magic and miracle to even get to half of that by the end of 2020.

[cryptjh]

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 

A $100k bitcoins are possible, even in late 2019 but we always need to ask our self who would be buying bitcoins when we get up around $100.000 for each coin.

A 100,000 bitcoins means that people expect that bitcoins will continue going up in the months to come.

[Ilhanassar]

2020 is just a few months away and predicting 100k is impossible to achieve. If you are targeting 10k as at 2020 no doubt about that but for 100k it is going to take a magic and miracle to even get to half of that by the end of 2020.

Do you think that Facebook stable coin "GlobaCoin" launch in the first quarter of 2020 would definitely push the prices higher of all coins especially Bitcoin since we know that Facebook has billions of clients and can trigger the next bullrun and people start fomoing like 2017?

[Ultimist]

I do not know whether such an event is possible, because it is a very large amount. This requires that bitcoin continues to grow continuously and perhaps it will be able to achieve this value.

[XCANA]

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's such a possibility if we are to go by Bitcoin potentials, if by what Bitcoin attained during the last Bull run in 2017 still have anything to by, then Bitcoin need just to top-up with X10 to get there, and it's very possible. Also, 2020 is the Bitcoin halve and there's tendency for such ATH.

[Akonobea]

Bitcoin surely has that potential to reach that price but this would be based on a very big news in the crypto industry. My guesses would be;
1. An approval of a Bitcoin ETF
2. China and USA legalizing cryptocurrencies
These together with some other major news are the only triggers that can make bitcoin reach such a high price by 2020.

[PodMiners]

Price will surely increase if the usage is increased but 100k is way too much. It might rise up to 30K max.

[Krislaw]

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?

No one know what happen on the future of bitcoin price.

100k hit are possible when price same stable right now and new investor become to adopting bitcoin as payment and learning how to blockchain worked.

[marcbitcoins]

I would love to see Bitcoin in that value but i think the value is very impossible as the more Bitcoin will become more expensive is the more difficult to purchase for an investment. Most of the crypto users are small time investors in which they might choose cheaper Altcoins than Bitcoin therefore $100k is a very ambitious move.

[lyks15]

I think this too huge increase if bitcoin can hit in 100k. But it is not impossible if the price will continue or maintain it's stability or continue to increase. We see the number of investors that already invest in bitcoin and the number of merchant who already now accepting bitcoin as a payment so it makes bitcoin more in demand.

[gabbie2010]

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?

No one know what happen on the future of bitcoin price.

100k hit are possible when price same stable right now and new investor become to adopting bitcoin as payment and learning how to blockchain worked.

$100K price of bitcoin is too high to be attained within the next seven months this is a mere exaggeration IMO I understand that the price of bitcoin is becoming very expensive these days due to its bullish volatility however that does not necessarily indicates a massive pump will be on the horizon before next at least the price has to break the $20K  mark ATH attained in 2017 before heading upward.

[EdenHazard]

I don't know why there is some people who made a crazy prediction againts the price of bitcoin. I hope they make a prediction with see the market condition or the price condition and make these predictions as rational as possible. Bitcoin is not a magic, need a procces need a time for the price goes up and may we will always see the correction. I never thought bitcoin will touch $100.000 at this year because it is impossible.

[maculeth]

anything can happen, current prices, current market conditions and some issues that occur in bitcoin are not benchmarks. because something surprising can happen to bitcoin, then something like that can happen too.

[anggi]

I don't know why there is some people who made a crazy prediction againts the price of bitcoin. I hope they make a prediction with see the market condition or the price condition and make these predictions as rational as possible. Bitcoin is not a magic, need a procces need a time for the price goes up and may we will always see the correction. I never thought bitcoin will touch $100.000 at this year because it is impossible.

that's probably because they were too excited to see the increase in bitcoin prices that occurred this year, so big speculations continued to emerge. however, it is still quite difficult to think of the price of bitcoin can reach that price. for now, I'm still waiting for the price of bitcoin to reach a price of $ 10000. that might be a price that is worth the wait now. to speculate the price of bitcoin to be $ 100,000, maybe the price of bitcoin must be $ 50,000 first.

[joshy23]

I would love to see Bitcoin in that value but i think the value is very impossible as the more Bitcoin will become more expensive is the more difficult to purchase for an investment. Most of the crypto users are small time investors in which they might choose cheaper Altcoins than Bitcoin therefore $100k is a very ambitious move.

Who knows, it can happen or it will stay down and keep rolling the cycle, depends from how community will pushed it to the level that it can reached,
whatever happened to this industry bitcoin will continue to reach out and try surprising all the people who loves seeing it to continue rising.

[Saydia]

waiting for a good price after halving.

[Alpha0One1]

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 think we'll hit 100K, but not this year or next year maybe longer.
But who can really foretell. Nobody expected btc to hit $20,000 last 2017 and it started with only at around $1,000 last Jan 2017.

[nicko122]

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 

"Bitcoin would take about 27 years to reach its total circulation of 17.7 million (stock) – at the rate of 657,000 per year. But following the halving, an event that would slash bitcoin’s supply from 12.5 BTC to 6.25 BTC, the bitcoin’s annual Flow would reduce to 328,500 BTC."
An interesting opinion. Let's see how true it will be.

[BlockStock]

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 

Almost zero chance, since there is so many BTC in a small number of wallets, the dumping whales will slow down huge rallies.