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Author Topic: What is the bitcoin price prediction for 2020?  (Read 1243 times)
shoreno
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August 04, 2019, 06:12:36 AM
 #21

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.

1m us dollars by the end of 2020 ? Woah woah woah  .

sorry but i wont believe him no matter how hard he claims that he is the master of prediction and infact no one in his prediction have ever succeded if im not mistaken because his prediction are always too good to be true  .  

i agree that the btc value can go upwards by the year 2020 but i dont think it will go onto 1m usd  .
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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August 05, 2019, 09:29:29 AM
 #22

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
If the overall crypto space stays positive the upcoming time 20k would not be unreasonable. Chico Crypto just released a video with a couple of reasons why 20k could be hit again.

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August 05, 2019, 05:29:00 PM
 #23

Any bitcoin price prediction for 2020

any experts price predictions??


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.
Why? do you have to tie thee bitcoin development to Facebook Libra coin that may never see the light of the day? Was Facebook coin in existence when bitcoin reached $20k in the last all-time-high? There are so many factors that have been prepared and would contribute to the growth of bitcoin value in the coming bull run. Just barely some months back, we were in $4000, and bitcoin suddenly rose from that point to an unbelievable point from that moment.

So you should understand by now that the growth of bitcoin relies on positive factor and to me, Facebook is even one such coin that will bring negativity to the bitcoin because of its selfish ambition in trying to make Libra a global currency, there will be more marketing on Libra as whole and not the general cryptocurrency as whole.

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serjent05
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August 05, 2019, 06:04:57 PM
 #24

Any bitcoin price prediction for 2020

any experts price predictions??


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.

Funny how we think Libra have something to do with the price of Bitcoin and how Bitcoin popularity will boom when it launch.  Remember Libra is not pegged to Bitcoin but to the fiat currency.  This simply mean that Libra wanted to have a separate path from Bitcoin, and Libra will surely not advertise Bitcoin so I cannot see its launch will affect Bitcoin price.

As of 2020 prediction, there are lots of article and video streams about Bitcoin price predictions.  Others thinks that $100k  BTC is possible on 2020 while others are a bit conservative.  To know more you can read these articles:

https://cointelegraph.com/news/john-mcafee-doubles-down-on-1m-2020-price-prediction-for-bitcoin
https://www.bitcoinprice.com/predictions/
https://www.newsbtc.com/2019/07/14/refreshed-model-bitcoin-btc-to-see-100000-after-2020s-halving/
and more

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August 07, 2019, 08:05:16 PM
 #25

What we see in the market at this moment to the time available for the year 2020 we can make some predictions based on the issues going with bitcoin, the regulations happening around, the adoption around the globe, acceptance from large scale companies and various other factors. Even after such close observation on factors relative to its growth it is impossible for an accurate price prediction. Probably this year's growth will be taken forward and we can expect an assured $30k or more marking its new ath.
I believe 2020 is going to define another high for bitcoin. Now many people are expecting bitcoin to get back to it high of 2017 but that has not happened and I believe that in some few years to come let said 3 years to come we would be wishing bitcoin should get to were it is in 2020 and I am thinking that it might touch $50,000 in 2020.
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August 07, 2019, 10:24:23 PM
 #26

I believe 2020 is going to define another high for bitcoin. Now many people are expecting bitcoin to get back to it high of 2017 but that has not happened and I believe that in some few years to come let said 3 years to come we would be wishing bitcoin should get to were it is in 2020 and I am thinking that it might touch $50,000 in 2020.
Yes it is but we don't know it yet whether it is on halving or after the halving but we are very sure that 2020 will be very bullish and we are really waiting to see for the new ATH of bitcoin. Rumor says it might break the $50,000 or so but i don't trust on those prediction if there is no basis yet.

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August 07, 2019, 11:00:54 PM
 #27

Any bitcoin price prediction for 2020

any experts price predictions??

Until December 2020 that is 16 months from now price of Bitcoin can be from sub $3000 to over $100000.  And fro both this 2 prices there is quite high chance but also price will not stay there for long.
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August 08, 2019, 01:44:29 PM
 #28

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
If the overall crypto space stays positive the upcoming time 20k would not be unreasonable. Chico Crypto just released a video with a couple of reasons why 20k could be hit again.
the opportunity to have a price of $ 20k in 2020 is indeed quite large. moreover libra, and halving will happen in 2020. besides that, I think there will be a lot of very good news for the development of cryptocurrency going forward. although it's difficult, I think it's possible.
I also see the year 2020 to be a very promising and spectacular year in the history of bitcoin, and i don’t have to repeat what you have said, you are totally right that those factors would really contribute to a very big growth of bitcoin in that year.  I know that many people is trying to still figure out the relationship between bitcoin and Facebook Libra coin because they feel they are not peg to one another.

Libra coin is not going to compete with bitcoin, and Libra coin does not do what bitcoin does, so when Facebook launches its coin, it will send lots of signals about cryptocurrency to so many people out there.  Was surprised of recent to have met one of my friend that knows nothing about cryptocurrency, and he told me that Facebook is trying to develop their payment system, it was at that point that I took my time to explain it to him, and when I started, I started with the history of cryptocurrency which started from bitcoin, and believe me that he is interested in investing in bitcoin now.
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September 10, 2019, 06:01:27 AM
 #29

There are way too many people out there with these crazy predictions like $50K, $100K, $250K and some even say $1 million. This reminds me of 2017 when everybody was buying bitcoin because they assumed it would go to 6 figures at least and look what happened.

Many of these analysts basically say that to get the retail public to start buying and the other retail public not to sell until it hits these area's and they are going to be the ones selling at either $19.9K or $49.9K or so.


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September 10, 2019, 06:06:55 AM
 #30

Bitcoin will touch 100K sure at the end of 2019 or 2020 February  Roll Eyes Roll Eyes Roll Eyes
So you guys ready to get it?

Really?

If that is true, I am sure many of us are already have much bitcoin, and they will still buy bitcoin while the price is not too high.

We don't know how much bitcoin price can increase at the end of this year or in 2020 because we don't have any tools or another thing to know what will happen in the future. But we can prepare ourselves from now on so we can do something in the future and if there is a way to make bigger money, we will have that chance.

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September 10, 2019, 06:45:25 AM
Last edit: September 10, 2019, 10:15:35 AM by STT
 #31

I dont think we are going to see that rise especially, I see the price right now as doing work and in some rough water.   Its not a negative exactly as it cannot always be sunshine and easy going as far as BTC gains go.
   What I imagine happens is BTC generally has to constantly revise its price sideways to negative is how I would describe it and naturally that might involve some pullback.

 The idea we will always rise is false and actually dangerous for Bitcoin long term because we want a market everyone can take part in which does involve us levelling out and mixing the distribution of BTC between buyers and sellers.   We must sort between those who hold longer term and those who just speculate for the gains and leave it as soon as price does not rise so easily.   This is a natural process in every market and its not a bad thing Bitcoin must also go through this and it will take time.

2020 is not that far away in the first months, mid year there is the halvening event and the rest of 2020 I think will again be more neutral.   I think we retain the current range seen this year and revise strengths and support by double checking pricing over the longer term.   Longer term is mostly easily represented by the 200 day average and even 200 week to some.

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September 10, 2019, 10:26:18 AM
 #32

$10400  Cheesy

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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September 10, 2019, 05:27:45 PM
 #33

$10400  Cheesy
I predict the price of Bitcoin in 2020 will not be far from $ 10k to $ 16k, but if there are more countries in 2020 who follow the leader of China creating their own cryptocurrency, so I predict the price of Bitcoin in 2020 will be at $ 10k to $ 25k.

from what I have noticed, the media that plays a big role in the change in the price of Bitcoin, I hope that there will be no more bad news about Bitcoin.

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September 10, 2019, 05:38:37 PM
 #34

$10400  Cheesy
I predict the price of Bitcoin in 2020 will not be far from $ 10k to $ 16k, but if there are more countries in 2020 who follow the leader of China creating their own cryptocurrency, so I predict the price of Bitcoin in 2020 will be at $ 10k to $ 25k.

from what I have noticed, the media that plays a big role in the change in the price of Bitcoin, I hope that there will be no more bad news about Bitcoin.

It was kind of a joke because we are going sideways forever.
It all depends on when the next bull run hits. When it hits I believe $50k to $100k is a good expectation. However FOMO can push it to $1M because crazy people want in....

But then again you could be right if there is no bull run....

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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September 10, 2019, 10:42:44 PM
 #35

predictions for the price of bitcoin in 2020 I am very sure the price of bitcoin can rise to be very expensive. You can see from the halving event that will occur in 2020 and will make the price of bitcoin very expensive because it will be increasingly difficult to get bitcoin.

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September 11, 2019, 07:57:09 AM
 #36

If you think that bitcoins nature is going sideways and negative that means you haven't been involved with bitcoin for too long. Bitcoin was less than 1 dollar when it started, of course it was couple cents but moved to 30 cents very quickly, we all remember the 10k bitcoin pizza deal as well, as you can see people spent like less than 50 bucks to get 10k bitcoins. Then it became bigger, happened to be around 100-250 dollars levels in 2013 or so, than it was over 1400 during 2014 and than it was over 20k during 2017 and now in 2019 it has managed to break above 4k to reach 10k, as you can see bitcoin always goes up, yes we are still not at the heights of 20k once again but that doesn't mean bitcoins nature is negative, it has huge positive potential in it.
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September 12, 2019, 04:33:06 AM
 #37

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.

Alright!
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September 12, 2019, 05:09:09 AM
 #38

No need to think about how much bitcoin price will be for 2020 because we never know that. The best thing that we can do is how we can buy low and high sell so we can make a profit and we can repeat it over and over. Maybe that will not easy because we cannot predict how much price will be in the next hours so when we can see the price is down, we can buy it and wait for the price to increase again. As long as we can get the right price to buy, we don't have to think about the prediction, but the prediction can be one factor to analyze in the future.

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September 12, 2019, 08:02:35 AM
 #39

I feel like bitcoin may actually make a good jump eventually, it has been around the same price for far too long and that means we have been waiting for a bull run.

Sometimes when we wait this long something goes wrong and the price goes low but if you ask me this time it is not gonna go down it is gonna go up. That is why I highly suggested my friends to buy bitcoin, not too much to hurt their financials but enough to make a good return when it does go up, like maybe 100-300 dollars range (that's a decent chunk in my country). Some of them agreed and bought, some of them said they will "look into it" which basically means no Cheesy.

I don't know if it will happen in 2020 or late 2019 but I think late 2020 is a better expectation after waiting for this long it will surely make a jump.

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September 12, 2019, 10:19:15 AM
 #40

there is no other possibility for 2020 other than a big rise at this point because after the 2017 bubble we have the bubble burst and that lasted for over a year meaning most of 2018. and then in 2019 we still haven't got any actual rises. we only had the recovery from that big bottom. and now that price is back to normal levels the market should start the rally and that may start this year or the next but we can be sure that it will have a major part in 2020 hence my prediction. we may even see the new ATH at $100k in 2020.

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