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Author Topic: What will the Bitcoin price be in 2020?  (Read 921 times)
plainsight (OP)
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June 25, 2019, 09:09:39 AM
 #1



Article:

https://www.cryptofish.com/blog/what-will-the-bitcoin-price-be-in-2020/

What do you guys think? Will we get to $100 000 in 2020 - yes/no? Why?
Cnut237
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June 25, 2019, 09:31:25 AM
 #2

Price predictions vary between $0 and multi-million dollars, depending on who you ask. The reason there is so much variation is that essentially everyone is guessing.

That said - if you look at the all-time chart for bitcoin on a log scale, then a cyclic upwards movement of higher highs and higher lows becomes apparent... so predicting based on history, and that we are just coming out of the dip stage, then the price in 2020 will be somewhat higher than now.






plainsight (OP)
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June 25, 2019, 11:03:13 AM
 #3

Price predictions vary between $0 and multi-million dollars, depending on who you ask. The reason there is so much variation is that essentially everyone is guessing.

That said - if you look at the all-time chart for bitcoin on a log scale, then a cyclic upwards movement of higher highs and higher lows becomes apparent... so predicting based on history, and that we are just coming out of the dip stage, then the price in 2020 will be somewhat higher than now.

Agreed, but why so cautious? Lets not take ourselves too seriously :-) Mental Masturbation over price is a must...

I would say we hit around 100k USD by the end of 2020, seems fair to me :-)
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June 25, 2019, 12:18:44 PM
 #4

I would say we hit around 100k USD by the end of 2020, seems fair to me :-)
Might be fair to you and others but I'll taking my guess around 2021 onwards. We can take a guess or prediction but it's difficult to see if those predictions we've made are going to be accurate.

I want to see bitcoin hit $100k early by 2020 or after the halving but I don't want to expect with a high price for a very short time.
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June 25, 2019, 12:45:32 PM
 #5

there will be a lot of speculation about the price of bitcoin out there, but I just want to look back at $ 20K bitcoin in 2020 and hopefully it will stabilize in that area and not repeat itself as in the previous year which caused most people in crypto space lossing their money.

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June 25, 2019, 12:57:57 PM
 #6

Dear i am member of this forum from last some years. In middle i have take a break as i was in some tough situation in my university. Now before a week i got graduated from universty. As far concern to bitcoin price so logically speaking there is no one in the world who can specify you about the future price of bitcoin as i have seen alot of fluctuation in price of bitcoin. According to my idea price of bitcoin depend on their demand in market as demand in market get increase then price of bitcoin will probably increased otherwise if demand of bitcoin decrease in market then price will automatically go down. Hope ans will be helpful for you.
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June 25, 2019, 01:06:25 PM
 #7



Article:

https://www.cryptofish.com/blog/what-will-the-bitcoin-price-be-in-2020/

What do you guys think? Will we get to $100 000 in 2020 - yes/no? Why?
I can say yes but in reality its hard to predict the price of bitcoin. Everyone is hoping for that price, but I think its just a hype to create FOMO so the current up trend will become strong. Bitcoin can make ATH price but no target time for that, let’s just wait the future price of btc.
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June 25, 2019, 01:09:29 PM
 #8

Probably it will take you to the moon. Bitcoin price by 2020 will give new ATH  on bitcoin and on some altcoins.  If you will check on social media sites they are all bullish this year till next year.

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June 25, 2019, 02:11:46 PM
 #9

Probably it will take you to the moon. Bitcoin price by 2020 will give new ATH  on bitcoin and on some altcoins.  If you will check on social media sites they are all bullish this year till next year.
^ That was right since the most social media has adopted cryptocurrency this month. There's a big chance that bitcoin will go higher than the previous bull run in 2017. Just like Facebook, Google and Twitter have a great reputation globally and we can tell that they can influence and make people trust them for using their cryptocurrency. Once the facebook has offered their tokens and the people liked it (perhaps to be followed by Google and Twitter), they would also try the bitcoin and the different cryptocurrencies as their explorations.
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June 25, 2019, 02:58:30 PM
 #10

Halving should be a huge price booster (so far this statement had proven to be the truth) - but for now, the crystal ball says "somewhere between $50-$100k, unless something unexpected happens"

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June 25, 2019, 03:02:32 PM
 #11

Price predictions vary between $0 and multi-million dollars, depending on who you ask. The reason there is so much variation is that essentially everyone is guessing.

That said - if you look at the all-time chart for bitcoin on a log scale, then a cyclic upwards movement of higher highs and higher lows becomes apparent... so predicting based on history, and that we are just coming out of the dip stage, then the price in 2020 will be somewhat higher than now.
At the same time, the global economic crisis is somewhere around the corner. It can have different effects on the market. Cryptos can fall along with all other stocks and stuff, or people can turn to cryptos to save their investments, and then the price will be very volatile and the network too busy, but it can really reach $100k. Moreover, there'll be halving in 2020, and halving is usually associated with increased prices. I just hope that the current run will not exhaust Bitcoin too much, and people will keep their interest in this coin even when FUD appears.

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virasog
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June 25, 2019, 03:59:55 PM
 #12



Article:

https://www.cryptofish.com/blog/what-will-the-bitcoin-price-be-in-2020/

What do you guys think? Will we get to $100 000 in 2020 - yes/no? Why?

Bitcoin price is too much volatile that it is hard to predict its price correctly and accurately.
There is only 6 months left in 2020 and I do not think that price can move anywhere near to $100,000. As per my analysis, we may see this $100,000 by the end of 2021. 


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palle11
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June 25, 2019, 04:15:00 PM
 #13


What do you guys think? Will we get to $100 000 in 2020 - yes/no? Why?

A direct answer for your question is no and the reason for it is that 2020 is next year. Therefore, the time is very short for such ATH. I'm not saying that it is impossible but it is too close for bitcoin to have such price.
jossiel
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June 25, 2019, 06:03:26 PM
 #14

I would say we hit around 100k USD by the end of 2020, seems fair to me :-)
Might be fair to you and others but I'll taking my guess around 2021 onwards. We can take a guess or prediction but it's difficult to see if those predictions we've made are going to be accurate.

I want to see bitcoin hit $100k early by 2020 or after the halving but I don't want to expect with a high price for a very short time.
and my hope is that the price of bitcoin in 2020 can reach a very high value, and if the price forecast for bitcoin is very difficult to be accurate because the price always increases and decreases
Speculations plays a role in this market, bitcoin is speculative so those forecast might happen or it won't. Don't be too dependent to them, as long as you have a long term plan you should be good but think at what price you will start to sell.

Those speculations can be accurate but most of them are not. Everyone hopes for a good price of bitcoin, I've been seeing video now the 'end game' price for bitcoin and it's too much to think of while we haven't reached those high speculations.
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June 25, 2019, 06:24:52 PM
 #15

There has been a lot of speculation or predictions about the price of bitcoin in 2020 from those who already have good experience in the crypto world, from that then I can conclude that the average of them predicts the price of bitcoin will be able to reach $ 100k. Whether true or not, maybe only time can answer it.
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June 25, 2019, 06:34:16 PM
 #16

What do you guys think? Will we get to $100 000 in 2020 - yes/no? Why?

It is possible. There is still 18 long months until that time. Anything can happening this time. If we get a recession in this time, then impossible. If not then is totally possible. But $100k Bitcoin is inevitable.
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June 25, 2019, 07:17:09 PM
 #17



Article:

https://www.cryptofish.com/blog/what-will-the-bitcoin-price-be-in-2020/

What do you guys think? Will we get to $100 000 in 2020 - yes/no? Why?
I really do not predict how much it going to be developed but definitely it will be more than the today's situation I definitely sure that Bitcoin play an important role in the future especially after 2020 we expect Bitcoin may be legal in all over the world.

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June 25, 2019, 07:41:49 PM
 #18

My best guess is NO. Since it is just too early to or let's just say that Bitcoin is not yet that expensive to actually attain the $100k next year. If you look at the chart and the range of each movement of the price, you can actually gonna tell that Bitcoin will not be going to reach $100k next year. We may see the new ATH but that doesn't mean it will gonna hit $100k.

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June 25, 2019, 08:12:37 PM
 #19



Article:

https://www.cryptofish.com/blog/what-will-the-bitcoin-price-be-in-2020/

What do you guys think? Will we get to $100 000 in 2020 - yes/no? Why?
I think more than 20000 dollars because it had a huge opportunity to develop from this situation also so I think it had you had opportunity to reach $20,000 very soon in 2020 this is my expectation.
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June 25, 2019, 08:22:32 PM
 #20

What do you guys think? Will we get to $100 000 in 2020 - yes/no? Why?
Anyone can speculate any price they want and you really cannot expect what the price would be in the future, considering that there will be more strict regulations in the coming years and you cannot predict what the future would be, it is hard to expect that the price would go up all the time but considering that the halving is coming up next year every is expecting the price would rise and considering the current market situation anything is possible. I do expect that we would touch the all time high valuation with the next rally but going to $100000 is a huge total to accomplish at this stage.
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