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Author Topic: What is the bitcoin price prediction for 2020?  (Read 1304 times)
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September 19, 2019, 06:23:26 PM
 #61

Any bitcoin price prediction for 2020

any experts price predictions??
We know that Bitcoin is the father of all crypto-currencies. Though it is not possible to say that which price will reach in 2020? But, in my prediction, the price of Bitcoin will reach 25k in 2020.  
Looking at how things are going so far, I feel like bitcoin could have a big increase soon enough, I know its not going to happen slowly anymore, I thought maybe bitcoin could increase like 1%-2% a day for a while until it reaches 20k but I can see that bitcoin is a volatile currency which increases all of a sudden and not slowly (which is what happened in 2017 as well and in 2014 too).

So from now on I will never worry about what the price is 99% of the time, I will keep my bitcoins and hold them until there is a HUGE increase in price, like 200% increase sort of thing, then I will sell and wait until it reaches less than 50% what it used to be and then maybe start buying slowly and I won't even enter that quickly because second increase will be over a year later.

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September 20, 2019, 06:34:12 AM
 #62

By end of 2020, one cryptocurrency expert predicted bitcoin price of $91,000. Another one, an enormous $100,000. Each one has their own impressive predictions based on their own point of views. Though, i believe that nobody can really predict the price of Bitcoin because of its highly volatile nature. But then again, i do have high respect for these high profile individuals [pro-Bitcoiners, or Bitcoin legendary evangelists] because they do know the complexities involve in the world of cryptocurrency. Its simply up to us, if we want to believe and follow their speculations.  
No matter the level of complexities involved that they know, I don’t believe that anyone can still ever guess the price of bitcoin accurately, not in a short term and not in a long term. Bitcoin volatility is really giving lots of analyst though time to really think of getting the price right, they could only see a sign that bitcoin will have some massive growth in future, but they should not always interpret it to figure.

Those figures that they predicted, it could even go higher than that and also, the bears may make us never ever to see such amount of money as they will keep dumping their coin on every level that we attain as regards in increase in the value of bitcoin and my other cryptocurrency, but by 2020, I think I believe that there would be more adoption of bitcoin.

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September 20, 2019, 09:13:12 AM
 #63

after reading a few articles, I think 2020 will indeed make bitcoin reach a high price. some bitcoin price analysis specialists predict prices are quite high in 2020 to come. I remember some predictions in 2016 about bitcoin, and even I don't really believe it, however, in 2017, the price of bitcoin jumped. I'm quite sorry that I didn't have a lot of bitcoin at the time.

however, at this time, I believe that the price of bitcoin in 2020 will be very high, in fact, I am so optimistic that we will never see prices below $ 10,000 in that year. Well, this is just speculation, but I'm really optimistic about bitcoin. maybe you can read this article to upgrade your optimistic feeling

https://www.newsbtc.com/2019/09/19/bitcoin-investor-well-never-see-10k-again-after-next-cycle-low/

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September 20, 2019, 07:51:11 PM
 #64

Everyone is honestly waiting for an all time high for bitcoin in 2020 and I am not shocked, it really deserves one but maybe it could be a little later. Think about it in 2014 it went up and than in 2015 it went down and in 2016 it went up only a bit and in 2017 it made a new all time high, exactly the same thing could happen here, think about the scheduling, 1 year up, than one year down than 1 year a bit higher and one year it goes breaks all time high, its exactly what happened in 2017-2018 and now in 2019 so why wouldn't it happen in 2020 as well and make a huge increase?

I honestly hope that its a recurrent thing and if it is than we will be all getting super rich soon, all we have to wait is another year and we will see if bitcoin wil l break the record or not.

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September 21, 2019, 03:05:17 AM
 #65

I just predict that Bitcoin will grow rapidly in 2021, this shows the right time compared to 2020 which is still a lot of news that does not use about Cryptocurrency, but I also don't see the experts preaching predicting bitcoin for next year.

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September 21, 2019, 06:24:53 AM
 #66

Everyone is honestly waiting for an all time high for bitcoin in 2020 and I am not shocked, it really deserves one but maybe it could be a little later. Think about it in 2014 it went up and than in 2015 it went down and in 2016 it went up only a bit and in 2017 it made a new all time high, exactly the same thing could happen here, think about the scheduling, 1 year up, than one year down than 1 year a bit higher and one year it goes breaks all time high, its exactly what happened in 2017-2018 and now in 2019 so why wouldn't it happen in 2020 as well and make a huge increase?

I honestly hope that its a recurrent thing and if it is than we will be all getting super rich soon, all we have to wait is another year and we will see if bitcoin wil l break the record or not.

that is actually the exact thing that has been happening for 10 years, which is why people usually refer to it as cycles. price goes up slowly then faster to enter a bubble, the bubble burst and bear market lasts a while before it starts rising slowly again to repeat the same thing.

the difference between these "cycles" however is that the length and size of them can change as they are directly affected by adoption. so for example when there is little adoption during such cycle the price rise can be smaller (6x 2011, 28x 2012, 25x in 2013 cycles) but when it is bigger the rise is also bigger (133x in next cycle).

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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September 21, 2019, 02:15:56 PM
 #67

the difference between these "cycles" however is that the length and size of them can change as they are directly affected by adoption. so for example when there is little adoption during such cycle the price rise can be smaller (6x 2011, 28x 2012, 25x in 2013 cycles) but when it is bigger the rise is also bigger (133x in next cycle).
I can't really guarantee a x133 increase in next cycle, we only have to wait and see that but at the same time I can't stop but think that the increases have all been a very big one so I am not gonna argue that it won't happen neither, I am agnostic about the bull runs of bitcoin, they exist and they happen but I don't know at what level, maybe it will be 20k, maybe it will be 200k, who knows? That is why I honestly let it happen and just hold bitcoin as much as I can at all times in case it happens without me expecting it.

People who day trade tend to look down on people who just hold bitcoin but I think we are the smart ones, we buy at all prices and sell at high prices so we can make a profit. It takes years and a lot of waiting is involved but it at least happens.
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December 09, 2019, 12:59:59 PM
 #68

I would say that I do not see the prerequisites for a further fall, but I am not an expert. Because I’m just buying a few bitcoins, because there will be a rise anyway, and I have no where to rush to resale. What do you think was the reason for the depreciation?
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December 09, 2019, 01:15:51 PM
 #69

I would say that I do not see the prerequisites for a further fall, but I am not an expert. Because I’m just buying a few bitcoins, because there will be a rise anyway, and I have no where to rush to resale. What do you think was the reason for the depreciation?

There could be a variety of motivations. Those who know in advance that a move is coming could be inside traders but they wouldn’t publicly share these motivations. Only the players behind the sale understand why they decided to sell off such a large amount. Likely because they had a CME position around $8400 and there is another around $7K. So this was a profitable move for them.


One of the common problem of the traders today is the price of the bitcoin because it came from the previous months the cost of the coin goes low and low that comes up. Today that the currencies go through over eight thousand dollars and that was not profitable anymore, many traders already pulled out their money to avoid loss of income, still many people are hoping the coin will rise for the coming year. According to the graph of the coin, it's in the rising part that the following year becomes profitable again, better if the bitcoin will rise over nine thousand dollars. There are a lot of factors how does the coin becomes profitable, one of the major investors in the market because if the people are trading and holding their coin, it affects the community of cryptocurrency because there's no any transaction recorded, like the rule of the price and demand that may apply to the cryptocurrency.

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December 09, 2019, 01:27:03 PM
 #70

I would say that I do not see the prerequisites for a further fall, but I am not an expert. Because I’m just buying a few bitcoins, because there will be a rise anyway, and I have no where to rush to resale. What do you think was the reason for the depreciation?

There could be a variety of motivations. Those who know in advance that a move is coming could be inside traders but they wouldn’t publicly share these motivations. Only the players behind the sale understand why they decided to sell off such a large amount. Likely because they had a CME position around $8400 and there is another around $7K. So this was a profitable move for them.

I think this may be due to recent reports when a million bitcoins in dollars were sold. I did not follow the news clearly, but all the trading signals show that it is better not to postpone the purchase for a long time, because everything will return to its previous positions in the near future. Especially before the start of winter, large bids will start.

Bitcoin does what he wants, and people guess the reasons later. There is little rhyme and much less reason for this material. People were willing or forced to sell at lower prices. There were not enough buyers at prices between them, each of them had its own reasons. If you want to stay more confident in the market, then I recommend trading strategies and signals on the taklimakan platform. Professionals with different experiences share their views on the situation with trends and it is easier to find like-minded people there to discuss the next rates.
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December 09, 2019, 01:36:16 PM
 #71

I would say that I do not see the prerequisites for a further fall, but I am not an expert. Because I’m just buying a few bitcoins, because there will be a rise anyway, and I have no where to rush to resale. What do you think was the reason for the depreciation?

There could be a variety of motivations. Those who know in advance that a move is coming could be inside traders but they wouldn’t publicly share these motivations. Only the players behind the sale understand why they decided to sell off such a large amount. Likely because they had a CME position around $8400 and there is another around $7K. So this was a profitable move for them.

I think this may be due to recent reports when a million bitcoins in dollars were sold. I did not follow the news clearly, but all the trading signals show that it is better not to postpone the purchase for a long time, because everything will return to its previous positions in the near future. Especially before the start of winter, large bids will start.

Bitcoin does what he wants, and people guess the reasons later. There is little rhyme and much less reason for this material. People were willing or forced to sell at lower prices. There were not enough buyers at prices between them, each of them had its own reasons. If you want to stay more confident in the market, then I recommend trading strategies and signals on the taklimakan platform. Professionals with different experiences share their views on the situation with trends and it is easier to find like-minded people there to discuss the next rates.

My personal opinion is that people were disappointing with the launch of Bakkt and from the low volume that the exchange had. People expected something big and we all know how this goes when they are not met. And as we saw yesterday quite a lot of selling happened through the other exchanges like Binance, Primexbt, Kraken etc… I think that this is temporarily and in the coming months we should get back on track.
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December 09, 2019, 02:13:09 PM
 #72

Peter Brandt said it would fall to $5500, but in my opinion this could be true, if look at history. prices usually going down before halving and next year after halving will rise again.

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December 09, 2019, 02:19:53 PM
 #73

Any bitcoin price prediction for 2020

any experts price predictions??
My only prediction in the price of bitcoin is it will have a chance to stay in the price of 10,000$ to 15,000$ or it will surpass its all-time high price which is around 20,000$. Do you think my prediction might have a chance to happen? I know day by day we have seen different predictions about the price of bitcoin and the price of other cryptocurrencies but still, we are not sure about it. But, the only thing that people discuss what are things that can pump the price of bitcoin and most of the answer is its halving that will happen in the next year 2020. I'm not surprised why people talk about it because they expect that history will repeat again.

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December 09, 2019, 02:54:43 PM
 #74

Peter Brandt said it would fall to $5500, but in my opinion this could be true, if look at history. prices usually going down before halving and next year after halving will rise again.

I will not see the history of bitcoin, if Peter Brandt said it would fall to $5,000 it is not possible in my opinion and this is the lowest point facing halving in a few months so a drastic decline will not occur,
In fact, this will be a little higher ahead of the new year, the price of bitcoin may be $8,000.

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December 09, 2019, 03:25:19 PM
 #75

Peter Brandt said it would fall to $5500, but in my opinion this could be true, if look at history. prices usually going down before halving and next year after halving will rise again.

I will not see the history of bitcoin, if Peter Brandt said it would fall to $5,000 it is not possible in my opinion and this is the lowest point facing halving in a few months so a drastic decline will not occur,
In fact, this will be a little higher ahead of the new year, the price of bitcoin may be $8,000.

what is impossible? anything can happen. bitcoin can sometimes go up and down in a flash. but of course, it is only a prediction that no one knows, so that the prediction could be missed. sometimes the movement of bitcoin is not only based on TA, but fundamentals, supply and demand and other factors can influence. Of course most will expect a fall to get a lower price before it finally goes higher.

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December 09, 2019, 03:57:01 PM
 #76

No one guaranteed as an expert to predict accurately, it just pure of speculation based on TAs and the trend in the market, that's why everyone should do the research to collect more information and guess the price. I expect bitcoin to reach $20K at the best and only reach at least $15K in 2020. Too many people have predicted bitcoin will go bullish in 2020 and the trend is going the same way.
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December 09, 2019, 04:10:41 PM
 #77

Peter Brandt said it would fall to $5500, but in my opinion this could be true, if look at history. prices usually going down before halving and next year after halving will rise again.

I will not see the history of bitcoin, if Peter Brandt said it would fall to $5,000 it is not possible in my opinion and this is the lowest point facing halving in a few months so a drastic decline will not occur,
In fact, this will be a little higher ahead of the new year, the price of bitcoin may be $8,000.

what is impossible? anything can happen. bitcoin can sometimes go up and down in a flash. but of course, it is only a prediction that no one knows, so that the prediction could be missed. sometimes the movement of bitcoin is not only based on TA, but fundamentals, supply and demand and other factors can influence. Of course most will expect a fall to get a lower price before it finally goes higher.
lol using word 'In a Flash" is not appropriate and too exaggerated because you know that prices grows but not that speed.
not only fundamentals but the support from the investors,because other than anything it was us who will bring the value Up or down depend on how much we buy and how logn we hold.

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December 09, 2019, 06:47:00 PM
 #78

actually it would be more profitable if we make the right trades today, than we wonder the price of Bitcoin in 2020, if we talk about technical analysis for 2020 some of the indicators for 2020 are not yet certain where the point of resistance and support is  are on.  so I think doing trading today and making a profit.
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December 10, 2019, 04:27:51 AM
 #79

actually it would be more profitable if we make the right trades today, than we wonder the price of Bitcoin in 2020, if we talk about technical analysis for 2020 some of the indicators for 2020 are not yet certain where the point of resistance and support is  are on.  so I think doing trading today and making a profit.
If we invest today probably we can make profit the following year. No one can gives accurate prediction of bitcoin if how much price can be attain. As long you know how to take risks about the market we can invest from your own analysis. Indeed there’s no certain where the price is headed so invest on what we can afford.
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December 10, 2019, 05:07:17 AM
 #80

Peter Brandt said it would fall to $5500, but in my opinion this could be true, if look at history. prices usually going down before halving and next year after halving will rise again.

I will not see the history of bitcoin, if Peter Brandt said it would fall to $5,000 it is not possible in my opinion and this is the lowest point facing halving in a few months so a drastic decline will not occur,
In fact, this will be a little higher ahead of the new year, the price of bitcoin may be $8,000.

what is impossible? anything can happen. bitcoin can sometimes go up and down in a flash. but of course, it is only a prediction that no one knows, so that the prediction could be missed. sometimes the movement of bitcoin is not only based on TA, but fundamentals, supply and demand and other factors can influence. Of course most will expect a fall to get a lower price before it finally goes higher.
lol using word 'In a Flash" is not appropriate and too exaggerated because you know that prices grows but not that speed.
not only fundamentals but the support from the investors,because other than anything it was us who will bring the value Up or down depend on how much we buy and how logn we hold.
but it's a fact like 2 months ago you can see the movement of bitcoin when it's in 7,500 less than 1 day can jump above $10,000, and many other things also like 2017. sometimes it takes a few hours to increase very high. One of the supports of investors about demand, when supply is reduced. of course people will compete to buy.

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