Can Bitcoin cross $50,000 by Dec 2020?

[star99]

With so many good altcoins around, do you think Bitcoin can cross $50k by Dec 2020?

[watergold]

The price of bitcoin cannot be ascertained by certain people, but many say that the rise of bitcoin starts in December, this is my prediction that bitcoin will not be possible to reach $ 50k that is too far for me to target bitcoin at the beginning of the year $ 15k but that is just a prediction cannot make sure and we wait for the right time.

[virasisog]

It is in history from 2012 and 2016 that  every Bitcoin halving event Bitcoin price jumped up months before the event itself.
So its normal to expect some bull run movement in the market before, on or after the Bitcoin Halving on May 2020.

[ILuckyGuyI]

With so many good altcoins around, do you think Bitcoin can cross $50k by Dec 2020?

My expectations will be big after Bitcoin halving on May 2020. But I don't expect the price to reach 50k dollars until the end of 2020. I guess Bitcoin price will be between 25k-30k dollars the most in 2020.

[SaShiRaJaVu]

With so many good altcoins around, do you think Bitcoin can cross $50k by Dec 2020?

What are those good altcoins  . I am searching for that answer for a long time and still i am yet to get a good result  . The price of bitcoin can reach those valuation in the future but to put a set date for the rally is hard, if i want the price to cross $50k by 2020 i would say no, i want to see a gradual rise in price rather than a huge rally in a short period and majority wants that rather than having a huge movement in both directions.

[judeafante]

With so many good altcoins around, do you think Bitcoin can cross $50k by Dec 2020?

There are so many altcoins around but when it comes to dominance in the market and popularity among investors Bitcoin rules them all,
Dec 2020 is still 14 months to go, there's a lot of things that can happen and we are speaking about an industry with a very high volatility
anything and everything can happen, one thing I'm sure of is, Bitcoin will have a great year next year, one of this is the halving.

[boltz]

So many predictions thread that I got tired... . Just check the other ones as in my opinion bitcoin price is almost impossible to predict and 2020 will be no different even if the halv its on the way and normally a new bull run must begin but with bitcoin you never really know how it will be. Just buy more and hang tight , don't panic sell.

[Willitivity]

If predictions, speculations and wishful thinking are anything to go by, then Bitcoin should be sitting on $100k right now. December 2020 is a pretty long time from now, let's talk about the moment and how Bitcoin can actually go back to its ATH once again. These alts don't determine the movement of Bitcoin, if so, with the thousands of them we have already, Bitcoin should be way higher than it's now.

[moreblockchain]

I consider that reaching that figure in more than a year is a probable scenario, because there are favorable conditions for BTC and the Altcoins in general.

[Dreamr]

With so many good altcoins around, do you think Bitcoin can cross $50k by Dec 2020?

Nope. that's too good to be true. I don't think the bitcoin price will reach $50,000 by December 2020 rather in the next 4-5 years due to a lack of mass adoption by the public. Hopefully, in 4-5 years we will see some adoptions from other regions of the world that would help boost the bitcoin price to $50,000.    

[InvoKing]

It is in history from 2012 and 2016 that  every Bitcoin halving event Bitcoin price jumped up months before the event itself.
So its normal to expect some bull run movement in the market before, on or after the Bitcoin Halving on May 2020.

It is normal to expect a rise in the price however it will be less than $50k in my opinion. Finishing 2020 with +$25k will be a very good achievement itself

[exstasie]

With so many good altcoins around, do you think Bitcoin can cross $50k by Dec 2020?

Timing is tough to predict but that seems plausible. I'm roughly expecting a push towards the ATH in Q1 or Q2 next year. If that plays out as expected, then $50K by December (and probably much higher) is likely.

I don't think "good altcoins" will be the primary driver of demand though.

[hugeblack]

For me it is impossible to reach $ 50,000. After Bitcoin halving, we will see a sharp decline in the price and will not see the effects of halving only after several months and perhaps a year.
Excessive optimism about rallies to these levels will reinforce concerns about manipulation, especially as the price rally at $ 20,000 was due to a lot of manipulation and weak censorship.

[harizen]

With so many good altcoins around, do you think Bitcoin can cross $50k by Dec 2020?

Even everything has a chance to happen, please limit your desire to at least the closest thing that can happen.

$50,000 might be realistic to others but it might give others a failed expectation. I also want that to happen, who else didn't? It's just that I'm not setting any target that isn't closed to reality "for now".

Bitcoin price should build first a strong foundation at lower floors so that in case of a next possible massive growth, surely it won't be a product of hype. Just look at what happened this year, lots of positive expectations got crashed after the rally to $14,000 got spoiled.

If that will happen, then it will happen. If not, then so be it.

[error08]

Bitcoin unlikely to reach $50K by December 2020 even after halving, bitcoin needs more time to gain huge volume, usually reaches new ATH a year after halving. The best price I can imagine for 2020 is $20K, it's better to maintain stable growths rather than instant pump which lead to crash.

[Juggy777]

With so many good altcoins around, do you think Bitcoin can cross $50k by Dec 2020?

@star99 I believe you have misunderstood how the crypto’s market works, as Bitcoin prices influence alt coins prices and not the other way round. No bitcoin prices won’t cross $50k by December 2020, because we’re in an extended bear phase, and even if the bulls do take over then I feel we may see bitcoin prices reach max $15k levels at the end of 2020 but not beyond that.

[gabbie2010]

Bitcoin unlikely to reach $50K by December 2020 even after halving, bitcoin needs more time to gain huge volume, usually reaches new ATH a year after halving. The best price I can imagine for 2020 is $20K, it's better to maintain stable growths rather than instant pump which lead to crash.

Halving of bitcoin in 2020 does not necessarily amount to skyrocketing of its price to $50K others factors needed to be considered such market cap, volume traded government restrictions etc as you rightly said however these does not amount to the fact that the price might experienced the much expected pump all factors required for the expected bullish runs should be firstly accomplished then the price might reach $20K+.

[Febo]

With so many good altcoins around, do you think Bitcoin can cross $50k by Dec 2020?

It definitely can. But will it? No one knows that. I would give like 20% chance that it will. By Dec 2021 that chance is way higher.

[romero121]

With so many good altcoins around, do you think Bitcoin can cross $50k by Dec 2020?

It definitely can. But will it? No one knows that. I would give like 20% chance that it will. By Dec 2021 that chance is way higher.

As in the quote it can, but none knows whether this is gonna happen or not. During the previous bull market similar thing happened, the price was around $5000 and there were lots of speculation about the price based on different factors like year end growth, adoption from Japan, halving completion and so on. Majority of the speculations were the price to reach $8000 - $10000. To the expectation the growth took sudden power and reached close to $20000 in a much shorter time period. Similar to that if something happens we can experience $50000 by December.

[Republikcoin.com]

With so many good altcoins around, do you think Bitcoin can cross $50k by Dec 2020?

It definitely can. But will it? No one knows that. I would give like 20% chance that it will. By Dec 2021 that chance is way higher.

As in the quote it can, but none knows whether this is gonna happen or not. During the previous bull market similar thing happened, the price was around $5000 and there were lots of speculation about the price based on different factors like year end growth, adoption from Japan, halving completion and so on. Majority of the speculations were the price to reach $8000 - $10000. To the expectation the growth took sudden power and reached close to $20000 in a much shorter time period. Similar to that if something happens we can experience $50000 by December.

most this year people speculate that the price of bitcoin could reach $ 10k at the end of the year, or even more. I think the price of $ 50k can be achieved when the price of a bitcoin pump in early 2020. You know, the price of $ 50k is so far from the current price, and of course, it is a price that is very far from ATH.

keep in mind that halving in 2020 is not as popular as 2017. The highest price will probably not exceed the ATH achieved in 2017. Nobody knows about this, and I wonder if the price of bitcoin in 2020 is likely to be stable around the price of $ 15000.