Bitcoin back to $10k soon according to Bloomberg?

[Capt00]

It isn't far from market realization.
$10k is easy to achieve rather than to think of another $20k or more. May this speculation isn't really an optimistic one but we are about to learn that it won't help if we are speculating too much but it never comes. If we are able to go beyond $10k then, it was great and isn't a question anymore.
But probably we could only have this pumps next year.

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[AakZaki]

Bitcoins real value is around $25,000, the low value over the last few months was typical pump and dump day trade strategy, happens countless times every day and every week. this is how whales, wall street and market makers separate you from your money and get even more rich. I think it will hit somewhere between $15,000-$20,000 in next 5 months and then stabilize around $25,000 and then maybe in 2-3 years it will hit $86,000.

It seems you are too optimistic, do you realize that the price of bitcoin also needs to be decreased, not as you said, you are describing the price of bitcoin will continue to rise. on the reality that happened a few years ago, not like you said. and also you have no concrete evidence, you easily say the price of bitcoin can go up as easily as you say. no dude.

[cryptoangel]

It isn't far from market realization.
$10k is easy to achieve rather than to think of another $20k or more. May this speculation isn't really an optimistic one but we are about to learn that it won't help if we are speculating too much but it never comes. If we are able to go beyond $10k then, it was great and isn't a question anymore.
But probably we could only have this pumps next year.

Mostly everyone expect it will pump on next year, But reality market will growing faster and anytime it will happen on crypto market. I think sudden it will raise 200 USD on within a day so anytime market will grow louder, because end of the year we see some positive bull run on crypto market so I hope it will reach 8k to 10k on end of the year.

[rdluffy]

It's impossible to predict the future, but we are in speculation section, so let's speculate together  

I believe 10k USD is easy to achieve in 2020 due to a opmistic trend that will come closing to the halving, so I think it's totally possible and will happen

But I wish to hit at least 15k USD because the halving is a big event

[Pamadar]

It isn't far from market realization.
$10k is easy to achieve rather than to think of another $20k or more. May this speculation isn't really an optimistic one but we are about to learn that it won't help if we are speculating too much but it never comes. If we are able to go beyond $10k then, it was great and isn't a question anymore.
But probably we could only have this pumps next year.

Mostly everyone expect it will pump on next year, But reality market will growing faster and anytime it will happen on crypto market. I think sudden it will raise 200 USD on within a day so anytime market will grow louder, because end of the year we see some positive bull run on crypto market so I hope it will reach 8k to 10k on end of the year.

The market is so volatile and within the short period of time anything can happen, we can only assume and hope for the best to comes up and make
an impact to the market. Positioning your investment can be done while there's some news that are showing and creating positive views. It's either
to scalp it up or go for long term investment and wait for much higher profits.

[Free1bitco.in]

It's impossible to predict the future, but we are in speculation section, so let's speculate together  

I believe 10k USD is easy to achieve in 2020 due to a opmistic trend that will come closing to the halving, so I think it's totally possible and will happen

But I wish to hit at least 15k USD because the halving is a big event

We cannot predict the future precisely, but we can guess that from the information we get. if we talk about 2020, then I'm also pretty sure that the price of bitcoin can exceed $ 10k. even this year, the price of bitcoin could reach $ 13k with only a few important information.
In 2020, halving will occur, it will push the price of bitcoin higher, and even more likely the price will exceed the highest price this year. even though it's only a prediction, I'm pretty sure the price of bitcoin can exceed the price of $ 10k in the near future.

[Savemore]

Why would believe to them? It is because the news is came from bloomberg? It doesn't matter where the news came from, what matter is they are not from future so why will shouls believe to them? They are just speculating and they are just guessing the price of bitcoin. Their claims have not enough proof and evidence so we should not belive to them.

[barabarian1]

yes you are right op anyone can speculate about the price of bitcoin. but the market will decide whether prices go up or down. and of course everyone certainly hopes the price of bitcoin will rise later this year. and it's easy enough for bitcoin to reach $ 10,000. but we don't know when that increase will occur. I always educate myself not to expect too much about the increase in bitcoin because if expectations don't match reality then it will make us feel disappointed. better hope naturally. I always sell my bitcoin when bitcoin has increased by a few percent 30% or 40%.

[maydna]

I hope this little green candle can trigger the price to increase because the price now is the rise and trying to break the higher rate. $10k is not impossible for bitcoin to reach, but how long it will arrive, we can only wait for more. I guess that we need to be patient if, in the next week, the price cannot increase higher and only get down again. There is nothing we can do except wait for a while and buy more bitcoin and sell when it increases like today.

[Taskford]

It's impossible to predict the future, but we are in speculation section, so let's speculate together  

I believe 10k USD is easy to achieve in 2020 due to a opmistic trend that will come closing to the halving, so I think it's totally possible and will happen

But I wish to hit at least 15k USD because the halving is a big event

We cannot predict the future precisely, but we can guess that from the information we get. if we talk about 2020, then I'm also pretty sure that the price of bitcoin can exceed $ 10k. even this year, the price of bitcoin could reach $ 13k with only a few important information.
In 2020, halving will occur, it will push the price of bitcoin higher, and even more likely the price will exceed the highest price this year. even though it's only a prediction, I'm pretty sure the price of bitcoin can exceed the price of $ 10k in the near future.

Halving times didn't fail the community so far since if we base on statistics it add more contribution for the price to grow more and by this for sure in year 2020 we can possibly see the greatness of the alts. But the one I hope these days is hopefully we can see the price go up for $15k or even break the $20k  and if this one happen for sure many attention will be caught and those who quit will be back to invest on bitcoins again but let's not  expect more since maybe the closes figure is at $10k.

[jhonjhon]

We all been wanting the price to increase and $10k is already a good price atleast before the year ends but yeah we have to accept the reality that this is just a prediction and it is not a 100% guarantee that it will happen and worst is it may go down instead which I hope won’t happen. Being positive is okay but relying to much on someone else’s prediction may only disappoint you so just study it yourself and make the most out of every situation.

[coin-investor]

A recently released research paper from Bloomberg has painted a positive picture for Bitcoin heading into 2020. The key takeaways being that the major cryptocurrency should top $10,000 soon and that it will also follow a similar path to gold — which is in an upward trend, currently.

Bloomberg’s Bitcoin outlook for next year has highlighted adoption, a falling supply, and Tether’s influence on the market — all as positives for the price going ahead. More so, with only a few weeks to go, the prediction is that, if Bitcoin closes 2019 at $6,500, “support tilts favorably for 2020.”

Read the full news here

Everyone can predict or claim that Bitcoin and other cryptocurrencies can go or high or low to $X,XXX or so.

Now Bloomberg claims that in their research paper, they think that Bitcoin would really pump back to $10k soon. Of course, they can predict all they want. But let's face it.

Most of the predictions aren't accurate or correct at all. The cryptocurrency market is so unpredictable, that's the truth. We may not know exactly the day Bitcoin and other cryptocurrencies would pump or dump. It may happen in just a minute or a few minutes, an hour from now, few hours later, tomorrow, next week or so.

It's okay to have a positive outlook, but we have to face the reality. But let's just hope for the best though.

It just headaches if you keep reading all these predictions because they are not 100% accurate, it gives depressions for people who pour everything in the marketing because of earlier predictions, by these so-called experts, I invested but just enough not to give me ache every time the market goes down, things really will be different if you did not invest what you can afford to lose.

[barota]

yes ; bitcoin can back to level up 10000 usd because prices already make correction that took lot of weeks. i hope prices to rise like last year for another surge ; and for sure it is not late for buying bitcoin now for those who sold it in recent period

[beerlover]

I thought when you said Bloomberg I was considering the Mayor Bloomberg that is now candidate as well. All kidding aside that would have been seriously awesome if a wealthy person with some political power could actually support bitcoin finally, we always get bad news and personal profits about bitcoin.

China and USA all like bitcoin as much as they can make money from bitcoin, nobody likes it in the way that could ever help people out as well, they really don't want people to get power because then they can't control us all like sheep. Bloomberg owned bloomberg talking about bitcoin doesn't really worth anything right now as long as bloomberg himself doesn't support what was written on his paper, dude probably doesn't even read it anymore to be honest.

[coinfinger]

It is quite possible that Bitcoin can reach up to $10,000 this year, or next year.

I'm expecting the price to increase a bit and after the halving, the price will start going up until it reaches another ATH price. And yes there is never a prediction that is 100% accurate, most of the predictions we see in the crypto space are usually not accurate, but this is kind of a normal thing that happens in the crypto market, before the halving and after the halving there is usually an increase. So I believe that the same things that happened before are going to be repeated at this time.

[kolonel_x]

It is quite possible that Bitcoin can reach up to $10,000 this year, or next year.

I'm expecting the price to increase a bit and after the halving, the price will start going up until it reaches another ATH price. And yes there is never a prediction that is 100% accurate, most of the predictions we see in the crypto space are usually not accurate, but this is kind of a normal thing that happens in the crypto market, before the halving and after the halving there is usually an increase. So I believe that the same things that happened before are going to be repeated at this time.

Speculating that the price of $ 10,000 will be easy to achieve but after 2020 whatever happens after halving I am sure there will be a good improvement, but I expect to reach ATH it will be difficult because market conditions are not as it used to be, I only target after halving in a few months in the future bitcoin can reach $ 15,000 maybe it will be the highest achievement, many say 2021 is all coin season and altcoin will rise again.

[wxa7115]

Don't fall for these predictions. These people are usually too bullish or too bearish and by these people I mean most big portals lead by CNBC. CNBC used to say that we're going to go to 25 thousand when we were falling down from the peak of 20.

It's the same attitude shown by bloomberg now as they were presenting earlier this year when they were calling Bitcoin a bubble that popped https://www.bloomberg.com/opinion/articles/2018-12-11/yep-bitcoin-was-a-bubble-and-it-popped
Now they are bullish again. What a joke.

Despite the credentials of all of those people that call themselves experts they do not really know more about this market than we do, they do not know how the market is going to move in the future, if they actually had that information then you can be sure that they will never share it to publish an article and they will use it to trade the markets and earn a huge fortune in a short amount of time.

And since that is not what we see then it is obvious that they are publishing those articles just to try to get the attention of anyone that could be interested in reading about cryptocurrencies.

[adaseb]

Honestly back in the day when I used to trade stocks I would read all these Bloomberg articles and basically they will be correct half the time and incorrect the other half. Right now we are basically in a bear market and have been for a while, it seems that every rally is getting shorted and most likely we will see the low $6k's very soon.

I am guessing that anywhere in the $5500-$6500 is very strong support since it would be the support of the 2017 year however keep in mind that if too many people are expecting $6K to hold again, most likely it won't. Or what will happen is that price will come close to the $6K's like it did last month and rally from there and we might never see a newer low again.

The best time to buy would be like in early 2018 when we consolidated for months and there was little volume. We should see this again and buy if we get another $1000 day like we did back in April 2018.

Right now its basically a guess where the price will go in 2020.

[exstasie]

The report itself is worth reading. The article really doesn't do it justice. I found their analysis of Tether particularly interesting.



Their analysts believe there is a causal connection between Tether's market size and Bitcoin's price. They believe Tether's increasing use as a currency reinforces Bitcoin as a gold-like standard while eroding the value of altcoins:

The mass adoption of the Tether stable coin has negative ramifications for most crypto assets masquerading as currencies, and positive implications for a solitary digital equivalent of gold -- Bitcoin.

[dirgayeah]

I think every crypto guy must be agree with this forecast  and some of them are hope more than $10k. all possibilities can happen. also due to USDT role as a stable coin and a currency, this can affect the bitcoin growth and trust to the mass. so let's see what happen to bitcoin price after halving.