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Author Topic: What is the bitcoin price prediction for 2020?  (Read 1247 times)
Strongkored
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September 12, 2019, 10:41:28 AM
 #41

Many say that the BTC price pattern is always almost the same from year to year eg 1 year before halving and also after halving, but there are also those who say that this time will be different, everything will be proven later.

2020 may be just the beginning of the BTC price entering a stable phase which means it will not rise sharply and also fall sharply, after halving there will be a high rise but it is difficult to predict because it will depend on traders and speculators (whale) who always take the most role a lot to be able to increase or decrease prices.

If BTC price can surpass $20.000USD at the end of this years, my prediction 2020 is around $20.000USD - $35.000USD.

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September 12, 2019, 01:56:35 PM
 #42

Many say that the BTC price pattern is always almost the same from year to year eg 1 year before halving and also after halving, but there are also those who say that this time will be different, everything will be proven later.
i think that is because people will buy or will sell just before the halving came  because they think its beneficial  but if there will be no upcoming events or special occasions  , the buying and selling pattern of people are always random or unpredictable  .

majority are saying that halving is good for bitcoin and prices of bitcoins will improve . its not wrong if i agree with them but i find it hard to throw my own prediction if what will be the value of bitcoin on the year  2020 
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September 12, 2019, 05:31:40 PM
 #43

Bitcoin does move a lot inside a week and that could be a reason enough to bet on the price to make a good profit and take the risk.

However, do not forget that bitcoin is actually something that should be profiting in the long run as well, there are only a few investment tools that could make you as insane profits as bitcoin, some stocks do increase like crazy time to time but it is hard to figure out which ones will do that so the easiest job would be putting it on bitcoin and just wait for it.

2020 is actually not a bad call but make sure you sell at the peak of 2020, I feel like we will see a huge spike in price during 2020 but then we will also see a decrease afterwards, maybe not as much as 2017 peak where it went up 20x then dropped 75% at the same year, but it could be easily 3x-4x increase and 50% drop afterwards.

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September 13, 2019, 06:25:36 PM
 #44

I believe that before the end of 2020 after the halving  Bitcoin will be above $20,000 with the look of things in the  market chat. The adoption of Bitcoin and crypto currency in general is now on the increase and that will continue after the halving.
Yes, bitcoin may surely be above that but I didn’t see it going far higher, the new all-time high that bitcoin might set after having may be $25000 because there is going to be so much sell off that time, because of some sending debts that bitcoin is yet to pay.

We had thousands of people that actually fell for fomo in the last bull run when the price of bitcoin was somewhere around $19800 and many of these people are basically waiting for one thing, they are waiting for the time that their money will reach back to that $19800 which they might never take the chance of waiting any longer before pulling it out, this may surely create panic sell for those who had bought after that and would start pulling out also, that is why I didn’t see all those prediction of $50k coming to pass any time soon.

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September 14, 2019, 02:54:31 PM
 #45

I don't know when that famous increase will happen though, everyone has been talking about how the price will go up before the 2020 halving but we have been here for months on the same price. Will it go up early in 2020, will it go up just a month before the halving, will it go up AFTER the halving? I don't know what will happen with it.

I am starting to think that bitcoin may not even go up incredibly much in the halving period, like no moves at all type of deal. Maybe it will move 10%-20% up but I am not expecting x2-x3 like some of the other people have been expecting.

Let's be honest here, if all of us are expecting x2 in less than a year, then why don't we buy as much as we can? Why isn't there people trying to grab as much bitcoins as they can all around the world right now? If you tell people they will double their money in 10 months they will kill people for it. Yet the price stays same, which means not even us people who support bitcoin believe that x2 anymore.
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September 14, 2019, 04:06:31 PM
 #46

I don't know when that famous increase will happen though, everyone has been talking about how the price will go up before the 2020 halving but we have been here for months on the same price. Will it go up early in 2020, will it go up just a month before the halving, will it go up AFTER the halving? I don't know what will happen with it.

I am starting to think that bitcoin may not even go up incredibly much in the halving period, like no moves at all type of deal. Maybe it will move 10%-20% up but I am not expecting x2-x3 like some of the other people have been expecting.

Let's be honest here, if all of us are expecting x2 in less than a year, then why don't we buy as much as we can? Why isn't there people trying to grab as much bitcoins as they can all around the world right now? If you tell people they will double their money in 10 months they will kill people for it. Yet the price stays same, which means not even us people who support bitcoin believe that x2 anymore.

Don't underestimate bitcoin. December 2017 it could going up $1000 in an hour.... If you went to bed and woke up the price could be $3000 higher.

Greed, raw greed is what will drive this pump. What we know as "the FOMO".

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September 14, 2019, 04:39:30 PM
 #47

Some well-known people have predicted bitcoin prices long ago, like John McAfee who said that bitcoin prices will likely be above $ 100k by the end of 2020, as well as Tom Lee as co-founder of Fundstrat investment advisors, who say that bitcoin prices are at a price above $ 90k at the end of 2020. This makes me more optimistic about the issue of price speculation that will occur in 2020. If their predictions are accurate enough, mid-2020, the price of bitcoin can reach prices above $ 20k, or can pass the ATH achieved in 2017.

https://bitcoinmagazine.com/articles/bitcoin-billionaires-predict-price-spikes-in-2020

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Reid
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September 14, 2019, 06:56:01 PM
 #48

Some well-known people have predicted bitcoin prices long ago, like John McAfee who said that bitcoin prices will likely be above $ 100k by the end of 2020, as well as Tom Lee as co-founder of Fundstrat investment advisors, who say that bitcoin prices are at a price above $ 90k at the end of 2020. This makes me more optimistic about the issue of price speculation that will occur in 2020. If their predictions are accurate enough, mid-2020, the price of bitcoin can reach prices above $ 20k, or can pass the ATH achieved in 2017.

https://bitcoinmagazine.com/articles/bitcoin-billionaires-predict-price-spikes-in-2020

Kind of feeling the other way around. Yes, pessimistic.
If all of this came from guys who are used to hyping something then it is No for me.

They have been to this kind of business and there sure is a lot of reason behind this hyping bitcoin.
It could be for personal reason or a group reason. If they have something like a savings with bitcoin in large amount then it could produce more if a well known person's statement will be successful.
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September 15, 2019, 03:07:41 AM
 #49

I believe that before the end of 2020 after the halving  Bitcoin will be above $20,000 with the look of things in the  market chat. The adoption of Bitcoin and crypto currency in general is now on the increase and that will continue after the halving.
FYI bitcoin halving will be held at May 2020, so regarding to your prediction bitcoin price will increase after May 2020, right?

Indeed, fundamental analyst is something that often be used by most investors cryptocurrency. They will buy immediately when they got an information which deemed by them as the factor that bitcoin will up.

Moreover, if there is an information who comes from bitcoin itself such as halving event it will be waiting by all investor and they will make as a banchmark to buy it. Yeah, I really impatient see this event and an affect that will be given for bitcoin price.
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September 15, 2019, 05:47:07 AM
 #50

$20k or maybe $30k. Still can be realized if halving come in 2020. Maybe demands will come and can get higher. But only that high that on my expectation for now. Maybe if bitcoin price can be higher, it will be good for who bought in cheap price. But hope a lot of people can get advantage from it. Because higher price means there are some people who buy bitcoin in that price.

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September 15, 2019, 06:10:26 AM
 #51

Any bitcoin price prediction for 2020

any experts price predictions??
Before May 2020, i think $15k should not be hard to reach.
After that date, and at the end of the week year we should see +$20k at least!

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September 17, 2019, 05:57:37 PM
 #52

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.
The possibilities of a price increase during 2020 are high, however when most people are expecting an increase in the price it does not happen, just as the current recovery that we have been experiencing took many by surprise, the only thing that we can do is to be ready and to be holding as much bitcoin as we can because if there is really a bull run during 2020 then even if you are holding a small amount of bitcoin it could change your life for the better.
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September 17, 2019, 06:24:03 PM
 #53

The possibilities of a price increase during 2020 are high, however when most people are expecting an increase in the price it does not happen, just as the current recovery that we have been experiencing took many by surprise, the only thing that we can do is to be ready and to be holding as much bitcoin as we can because if there is really a bull run during 2020 then even if you are holding a small amount of bitcoin it could change your life for the better.

What is this high possibility based on again? On pure expectations of most people? Yeah, I'd go for that.

Seriously though, this is exactly why I still want all the market to be in a super bearish mood. Negativity needs to be stronger, all the hands need to let go and leave only the strongest, most stubborn... who are also the least vocal.

And then see the fireworks when one spark set it all off again;)

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September 17, 2019, 08:42:53 PM
 #54

What is this high possibility based on again? On pure expectations of most people? Yeah, I'd go for that.

Seriously though, this is exactly why I still want all the market to be in a super bearish mood. Negativity needs to be stronger, all the hands need to let go and leave only the strongest, most stubborn... who are also the least vocal.

And then see the fireworks when one spark set it all off again;)

I know the feeling you get that we may have accumulated more during the past bear market but I do think we are way past overdue on this reversal we recently experienced. After the end of 2017 we have waited at least 18 months for the bear market to end and it was one of the longest times in the industry where it tested out the patience and faith of the traders in their position may it be them holding at the bottom from the start of the bear market or people who have hodled Bitcoin at a loss I think both of them are rejoicing when Bitcoin went up to the 13,000$ range. What we are experiencing now as a trader is we think that we missed an opportunity to accumulate more but really most of us didn't expect a fast movement from Bitcoin happening this soon.

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September 17, 2019, 10:41:31 PM
 #55

I believe that before the end of 2020 after the halving  Bitcoin will be above $20,000 with the look of things in the  market chat. The adoption of Bitcoin and crypto currency in general is now on the increase and that will continue after the halving.
That’s going to happen because many believes the halving is the key for the next bull run. My prediction on 2020 is that, there will be a new ATH and there will be a new good coin that will place on top of any altcoins. 2020 will be the year for the believers and cryptocurrency will go up.
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September 17, 2019, 11:50:32 PM
 #56

Any bitcoin price prediction for 2020

any experts price predictions??
Before May 2020, i think $15k should not be hard to reach.
After that date, and at the end of the week year we should see +$20k at least!
This might not be the expert prediction but I also believe that we should go up high before the halving and the rest of the year 2020 will be a bull trend. Bitcoin is down for a year now and we need to see its life rocking the whole market including stocks. I have so much respect with bitcoin, and the price next year will be $30k and up.

peter0425
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September 18, 2019, 02:09:47 AM
 #57

Any bitcoin price prediction for 2020

any experts price predictions??
lol there’s no such thing as experts in predicting because we all proved that this is not that reliable

But with the Halving happening in the second quarter of 2020 I expect more than enough for the prices to grow not only bitcoin but altcoins as well
Anyway let’s just focus in trusting bitcoin and let the market dictate what will happen sooner









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September 18, 2019, 04:27:38 PM
 #58

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.  



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September 18, 2019, 09:59:53 PM
Last edit: September 19, 2019, 02:05:16 AM by Danslip
 #59

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.
The possibilities of a price increase during 2020 are high, however when most people are expecting an increase in the price it does not happen, just as the current recovery that we have been experiencing took many by surprise, the only thing that we can do is to be ready and to be holding as much bitcoin as we can because if there is really a bull run during 2020 then even if you are holding a small amount of bitcoin it could change your life for the better.
I agree with your nailed points but the situation is not predictable with the historical price figures on the market. The personal guess of the trader can be different and the same person can accept the counter trade on the Bitmex with high leverage if there is a nice trading setup. Who knows the next move of the market tomorrow? The answer is clear for everyone, no need to predict the price of Bitcoin in 2020.  The price predictions will become unnecessary if the new regulations become a real case in the crypto industry after the news about the crypto trading ban due to the Libra by the Germany and France.

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September 19, 2019, 03:15:35 AM
Last edit: September 19, 2019, 03:33:01 AM by shushu9977
 #60

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.  

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