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Author Topic: What is the bitcoin price prediction for 2020?  (Read 1243 times)
Prateek_sharma (OP)
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August 01, 2019, 10:53:43 AM
 #1

Any bitcoin price prediction for 2020

any experts price predictions??
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August 01, 2019, 11:31:09 AM
 #2

I'm not the expert, all I can say is that I really believe that Bitcoin will rise to 11-12 000 by the end of this year and the next year will be even better for BTC
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August 01, 2019, 12:35:08 PM
 #3

There is no expert in predicting the price of bitcoin it is all speculation no one can exactly predict its price even the well-known enthusiast all have a different prediction regarding this upcoming bull run but in my opinion, I guess we can analyze it with the past movement and base the prediction with that, And right now I am seeing a site that has their own prediction base on the past and the previews news bitcoin had ever taken and base on their prediction it is not 2020 but 2021 bitcoin price can make a leap higher back to $13,000 USD and more and I am talking about this link.

https://longforecast.com/bitcoin-price-predictions-2017-2018-2019-btc-to-usd
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August 01, 2019, 11:25:17 PM
 #4

There is no expert in predicting the price of bitcoin it is all speculation no one can exactly predict its price ...
that's why we are discussing this in 'speculation' subforum Wink
I think bitcoin will be at least $15k and rise even more by the end of 2021
in 2020 there will be a quick jump to ~$15k due to halving day, either before or after
then price will constantly climbing up higher to reach the new ATH >$20k in 2021
 Cheesy  Grin  Tongue
note: this is speculation, I can say whatever I like as I am speculating

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August 01, 2019, 11:57:58 PM
 #5

Experts predictions?
You mean like that of John mcafee vouching for Bitcoin to be $1M by the end of 2020? or Anthony's prediction of Bitcoin reaching $100,000 by 2021?
There are tons and tons of predictions from Bitcoin 'experts'. Only few were close to it while some seems unrealistic.
Simply watch and monitor the market closely and expect the best. You never can tell your prediction might turn out to be it.
BTW, I personally predict the price of $30-$50k. Finger crossed Cheesy
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August 02, 2019, 12:33:38 AM
 #6

Any bitcoin price prediction for 2020

any experts price predictions??
Lol even experts will end up speculating that’s why this are all speculative opinions 😂

We can freely give our speculations but nothing is concrete,for me I think Thirdspace is correct in 2020 there will be halving so the chance of growth is there
But let’s not take into account the whales that manipulates the market in their favor.

I'm not the expert, all I can say is that I really believe that Bitcoin will rise to 11-12 000 by the end of this year and the next year will be even better for BTC
Lol 11-12$k? But we had already passed $14,000 mid of second quarter do you mean we cannot hit it before end of this year?lol look at the market today we sits at $10,400 the next target is 11k again

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August 02, 2019, 12:58:02 PM
 #7

There is no expert in predicting the price of bitcoin it is all speculation no one can exactly predict its price ...
that's why we are discussing this in 'speculation' subforum Wink
I think bitcoin will be at least $15k and rise even more by the end of 2021
in 2020 there will be a quick jump to ~$15k due to halving day, either before or after
then price will constantly climbing up higher to reach the new ATH >$20k in 2021
 Cheesy  Grin  Tongue
note: this is speculation, I can say whatever I like as I am speculating

All of us here are free to speculate and think what may happen with the price of bitcoin in the year 2020, That is why I am saying that you can never expect the exact price according to just speculation, but I think we can apply technical analysis when we study the price changes and trading activity to determine the possible price, We can not say the exact price because all we do is to speculate, But regarding the price now and the year OP wants to determine how can the price of bitcoin will be at $14,000 if it continues to forward up and $12,000 if resistance prevail.
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August 02, 2019, 01:18:49 PM
 #8

2500 eur at the end of the next year, this is my prediction, i am waiting for the big fail/the big drop
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August 02, 2019, 02:04:59 PM
 #9

Something I posted earlier -

Assuming we’re at approx $10,000 - $15,000 at the time of the halving it’s around 10 x price increase.

At the halving in July 2016 we were at around $600. From there to the peak of our last cycle that’s over 30 x increase.

I think $100,000 per bitcoin at the end of 2021 is definitely possible. Speak to HairyMaclairy for detailed price predictions based on TA & charts. I’m just going off what I’ve observed before. I think HM is suggesting a fair bit more than 100k per coin at the top of this bull cycle.

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August 02, 2019, 02:16:08 PM
 #10

Any bitcoin price prediction for 2020

any experts price predictions??

I am not an expert for prediction and not much experience like others. So personally I want to say bitcoin can touch in this year around $15000-18000$. And in 2020 we can see bitcoin will remain around $25000-$30000. This only my personal opinion I did not any technical or chart analysis.

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August 02, 2019, 02:21:51 PM
 #11

Prateek_sharma, we can only try to predict price based on past events or on some things that could happen in future. If we look in the past, Bitcoin is shown some very similar patterns, and one of them is that price is usually goes up in months after halving. Based on that you can look at 2020 in similar way as 2016, and 2021 as 2017 - but this time price of Bitcoin is much higher then before, and because of that starting point for next big bull run will probably be above $10 000.

To see what will happen in 2020, we need to observe next few months, just to see in what direction the situation will develop. FB Libra raised a lot of dust in USA, and this may affect any future regulations that apply on cryptocurrency.



2500 eur at the end of the next year, this is my prediction, i am waiting for the big fail/the big drop

Prediction based on what, only on your feeling or you think something very bad will happen?


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August 03, 2019, 08:58:42 AM
 #12

Prateek_sharma, we can only try to predict price based on past events or on some things that could happen in future. If we look in the past, Bitcoin is shown some very similar patterns, and one of them is that price is usually goes up in months after halving. Based on that you can look at 2020 in similar way as 2016, and 2021 as 2017 - but this time price of Bitcoin is much higher then before, and because of that starting point for next big bull run will probably be above $10 000.

To see what will happen in 2020, we need to observe next few months, just to see in what direction the situation will develop. FB Libra raised a lot of dust in USA, and this may affect any future regulations that apply on cryptocurrency.



2500 eur at the end of the next year, this is my prediction, i am waiting for the big fail/the big drop

Prediction based on what, only on your feeling or you think something very bad will happen?



I think you don't get my point, i consider that a stable price of btc is either 2500 euro or 20.000 euro. That's like extremis but boths as capable to be sustained.

I also consider we should start trading bitcoin in a way that the price won't have such ups and down every day.

I am usually telling my friends this story: With btc, today you afford to buy a house, tomorrow a coffee and in 2 days nothing. And being so long arround, actually it's kind of true
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August 03, 2019, 09:41:43 AM
 #13

I am positive that bitcoin will go from $10K to $20K on the first month of 2020 if facebook Libra will launch at the end of the year 2019. Bitcoin's popularity sure will be boom and a lot of non-believers are going to buy. Libra is the best piece of crypto so far in order to have more marketing strategy and be accepted by society.

You are totally wrong about Libra, this coin has no chance to be launched this year, maybe in the middle of next year, but given the attitude of the US authorities on this issue maybe everything will remain on paper only. Libra can only be stable coin pegged with any other fiat currency, highly centralized and diametrically opposite to Bitcoin, and you call it "best piece of crypto"?



I think you don't get my point, i consider that a stable price of btc is either 2500 euro or 20.000 euro. That's like extremis but boths as capable to be sustained.

I get your point, you wait to price go down so you can buy more at cheap price - but although everything is possible when it comes to Bitcoin, this is not a time for thinking like that, we are on the ascending path from April, and we will see halving in less then a year.

So €2500 at the end of next year, 6 months after halving doesn't make any sense, most of people in this period expects start of new big bull run. If you want to buy under €5000, you are few months late for that - maybe and just maybe such an opportunity will arise again after next bull run / correction.

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August 03, 2019, 01:43:46 PM
 #14

Any bitcoin price prediction for 2020

any experts price predictions??
Just simply go to coinmarketcap and look at the chart or go to the Wall Observer BTC/USD for more info.
Honestly speaking no one knows what would be the price in the future since we are all just speculators by looking the nearest possible price that will going to hit the market.

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August 03, 2019, 03:13:52 PM
 #15

Any bitcoin price prediction for 2020

any experts price predictions??

I am not an expert, but I let me make my prediction...
I think that we are going to close this season in a price around 16k. It will be very difficult to reach a new all time high. We need to endure a lot of times to reach prices around 15k, let the impatient investors to exit the market and then be ready for the bull market during 2020 that would provide us the new ATH.
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August 03, 2019, 04:20:55 PM
 #16

Any bitcoin price prediction for 2020.

any experts price predictions??
Honestly, it's difficult to predict about Bitcoin price in 2020, even for experts. However we have seen incredible hype and excitement in just a few short years. As to my opinion, it's quite possible that bitcoin price may hit around 20k$ again in 2020

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August 03, 2019, 08:46:11 PM
 #17

Anyone here can only make a bet trying to predict the price, even analists not know the price, BTC is unpredictable

Of course we have a spectation that BTC will hit 20k again in this year, and the next, maybe 50k USD, but it 's a long road

If BTC starts 2020 worthing 15k or more I'll be very happy

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August 03, 2019, 10:03:40 PM
 #18

I am not an expert, but I let me make my prediction...
I think that we are going to close this season in a price around 16k. It will be very difficult to reach a new all time high. We need to endure a lot of times to reach prices around 15k, let the impatient investors to exit the market and then be ready for the bull market during 2020 that would provide us the new ATH.

Impatient investors are cashing out constantly. People think they aren't because they assume that we have to see multiple +30% corrections. If the demand is there, which was the case on the way up, the bulls have no problems eating through the sell orders thrown at them. The volumes were crazy high on both sides of the book.

Most conservative investors tend to sell when they reached a point at which their gains have surpassed 50%, which for them is a massive gain knowing where they come from. They did it in a time span of 6 months. That's just madness. They probably expected to sit on their coins for a year or so, lol. Cheesy
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August 04, 2019, 04:55:12 AM
 #19

Really @OP? havn't you seen enough btc price prediction already this past few weeks, incase you miss that of McAfee, (master of predictions) he predicted btc price hitting $1m by the end of 2020, i think his is the highest so far, so there you have it, hodl some btc till end of 2020 and your are a millionaire Wink
All you need is have fun while you wait Grin     am not good at predictions.

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August 04, 2019, 05:09:57 AM
 #20

Any bitcoin price prediction for 2020

any experts price predictions??
Predictions can be right and wrong, depending on the way of thinking of each human being.
Example:



In this life no human being can predict what will happen in the future.

You currently feel confident that Bitcoin can benefit you, do it ...!
Don't think about what prices will be in 2020, think about current prices.
The price of Bitcoin for now is good enough to invest.

Example:
Today the price of Bitcoin is $ 10344, maybe tomorrow it will drop to $ 9,000 and so on, sell and buy.

Conclusion: if bitcoin price speculation in one week there could be changes in price 3x in one week, so how much profit you can in 1 month.

Why are you thinking about things that you don't know about in the future, invest in bitcoin now while you can.

R


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