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Author Topic: Bitcoin Price Prediction 2019,2020,2024  (Read 721 times)
worle1bm
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December 08, 2019, 02:32:12 PM
 #21

You can speculate about btc movements and have your own price indiactors for different periods based on some signals or technical analysis but in reality these predictions are accurate or not nobody could give assurance relating to this as crypto market is too volatile that prices fluctuates within few minutes also.So we cant say what will happen to btc prices whether they go beyond $10k by end of december or stay below $8000.Next year positive growth signs indicate $12-$15k by the mid with btc halving so hoping for the best.

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December 08, 2019, 02:32:51 PM
 #22

Date   Trend-Line Prediction  Technical Indicator Prediction
December 31 2019   $10,600   $8780
December 31 2020   $21,000   $20,200
December 31 2024   $180,000-$380,000
Predictions, can be right and wrong,
In prediction proverb can be meant as a systematic process method that is often used by humans in view of past experience, it could be likely to happen or the opposite.
What you say is a scientific method of using data in the past.
This can also happen in the future, especially on the price of Bitcoin.

For example, if you do one job to plant one tree, you estimate that the tree you planted will grow as high as 100 meters, and it could also be the opposite that the tree you planted will die or only grow one centimeter.

You can write the price of bitcoin next year {X ...}, it can be reversed at the level of {Ax ...}.
What is clear is that we wait, Bitcoin as you mentioned.

R


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December 08, 2019, 03:44:27 PM
 #23

We must respect what they have predicted including great people who are already famous and have the expertise to predict that bitcoin will reach fantastic prices in 2020 and beyond.
I think it will be my motivation to continue to hold and make bitcoin savings to wait for the highest price, because bitcoin is difficult to predict but bitcoin can reverse the situation in a short time and the safest way for me is to make long-term investments to avoid worries because bitcoin is difficult to guess, but I believe that bitcoin 2020 will reach the highest price and furthermore I hope bitcoin will continue to increase according to everyone's predictions.


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December 08, 2019, 04:00:55 PM
 #24



Date   Trend-Line Prediction   Technical Indicator Prediction
September 30 2019   $8000-$8600
December 31 2019   $10,600   $8780
December 31 2020   $21,000   $20,200
December 31 2024   $180,000-$380,000

I ask from expert about this table what do you think.
Not to break on being bullish on here but that 2024 prediction is way too unrealistic to consider.Reaching that amount does signify full adoption globally before we do able to get that level.
Im not really fan on following any prediction yet even knowing on whats the price as of tomorrow wont really be precise.Heck, theers no such thing about experts yet
price of the market is always been unpredictable thats why we do keep speculating which isnt bad though but other people predicts too unrealistically.

R


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December 08, 2019, 04:36:14 PM
 #25

I think, in 2020, with institutional investors continuing to buy into Bitcoin and popular services continuing to add Bitcoin integration making it easier and easier for anyone to invest in Bitcoin using the apps they already use. Hopefully by 2020 Bitcoin will have a robust scaling solution in place that will allow it to be used regularly at a mass scale as a payment platform. After halvening I expect a price between $15,000 - $20,000. In 2024 further mass adoption of Bitcoin continues. It starts becoming a mainstream way to pay for things on the internet. the fourth block reward halving occurs which boosts the price. i expect a price between $120,000-$160,000.
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December 08, 2019, 05:07:27 PM
 #26



Nice. But there must be a bear market between the 2020 - 2024 I suppose.

It wouldn't be realistic to see all the way the price is going up where people are just going to get rich all the way here. There is got to be a way for some to lose otherwise we can't see any one going to ride a 2nd hand Toyota Wigo. $50,000/BTC isn't realistic, bitcointalk.org would be a dreamland when it reaches $180,000 per BTC.

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December 08, 2019, 05:26:55 PM
 #27

I don't doubt these price pedictions are possible, but without seeing a chart of how this would happen, I wouldn't put my money on it so to speak.
When we only have roughly 9 years worth of price data, predicting anything from 5 years from now seems ludicrous to me.
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December 08, 2019, 05:36:09 PM
 #28

I got a feeling that you just posted random bullish numbers and pretend that you know anything about technical analysis so that you just as what's our real opinion on that matter? Don't do this again and just ask what you really want to ask and maybe post your real analysis in the future when you know how to do TA. With the given long timeline you presented it's really hard to picture a long term price when we solely basing it on their price chart since there are a lot of external factors involve that could change the outcome, that's why it's best to have analysis on no long periods over a year since the longer you set your analysis the more inaccurate it can be, you can look at previous predictions/analysis here in the forum and you will see that they most long term predictions are wrong.

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December 08, 2019, 05:56:56 PM
 #29

I got a feeling that you just posted random bullish numbers and pretend that you know anything about technical analysis so that you just as what's our real opinion on that matter? Don't do this again and just ask what you really want to ask and maybe post your real analysis in the future when you know how to do TA. With the given long timeline you presented it's really hard to picture a long term price when we solely basing it on their price chart since there are a lot of external factors involve that could change the outcome, that's why it's best to have analysis on no long periods over a year since the longer you set your analysis the more inaccurate it can be, you can look at previous predictions/analysis here in the forum and you will see that they most long term predictions are wrong.

Isn't that pretty much all that every price forecaster is doing ?
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December 08, 2019, 10:40:37 PM
 #30

Date   Trend-Line Prediction   Technical Indicator Prediction
September 30 2019   $8000-$8600
December 31 2019   $10,600   $8780
December 31 2020   $21,000   $20,200
December 31 2024   $180,000-$380,000

I ask from expert about this table what do you think.

if the historical linear regression continues on its current path, that's approximately where it will be, yes.

however, there are two major caveats:
1. chances are that the actual price will vary wildly from where the linear regression is. we could be significantly above or below the trend line when december 2020 or 2024 rolls around.
2. past performance doesn't guarantee future results. the historical linear regression may alter significantly over time.

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December 09, 2019, 03:39:58 PM
 #31

I think you just put what you want to see on what price Bitcoin should take, and I am not seeing any analysis base that can have solid evidence that this can be a sure prediction,

Right now we are sitting on $ 7,554.43 USD right now and I don't see any major spike that would make the price erupt so much until the end of this year, but at least you had a positive approach with Bitcoin I think that is lacking with many Bitcoin holders right now the positive mind that Bitcoin will surely go in that price someday attitude.
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December 09, 2019, 04:05:25 PM
 #32

Date   Trend-Line Prediction   Technical Indicator Prediction
September 30 2019   $8000-$8600
December 31 2019   $10,600   $8780
December 31 2020   $21,000   $20,200
December 31 2024   $180,000-$380,000

I ask from expert about this table what do you think.

if the historical linear regression continues on its current path, that's approximately where it will be, yes.

however, there are two major caveats:
1. chances are that the actual price will vary wildly from where the linear regression is. we could be significantly above or below the trend line when december 2020 or 2024 rolls around.
2. past performance doesn't guarantee future results. the historical linear regression may alter significantly over time.

It is hard to predict bitcoin price in the future. Back in 2017, many expected to see btc at $20k or $30k by now which isn't the case..
The halving is the major event in 2020 which indeed can make the price jump significantly but +$180k.. Well i hope so Grin

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December 09, 2019, 04:06:05 PM
 #33

the only way that price could be at $180,000-$380,000 by December 31 2024 is that if price goes up to $700k first and then that bubble bursts leading to a crash of 74%-45% which seems like a reasonable amount of drop considering the previous bubbles ended this way. but the thing is that since $700k is closer to $1million we may see a gigantic adoption rise to even reach mass adoption in which case the drop won't be as dramatic.

There is a FOMO brewing...
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December 09, 2019, 04:22:38 PM
 #34

You got quite a good chart here lol. Hope this predictions are true unfortunately those predictions are contradictory to what we currently have right now. And specially we are closely approaching December 31 and yet bitcoin price is still decreasing and will close to hitting 6k mark. Going back to what you stated, I'd like to highlight the last one, 180,000 $ is totally big and how exactly it would supposed to happened? When hitting back at 10k is tough as today.

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December 10, 2019, 02:44:45 PM
 #35

You got quite a good chart here lol. Hope this predictions are true unfortunately those predictions are contradictory to what we currently have right now. And specially we are closely approaching December 31 and yet bitcoin price is still decreasing and will close to hitting 6k mark. Going back to what you stated, I'd like to highlight the last one, 180,000 $ is totally big and how exactly it would supposed to happened? When hitting back at 10k is tough as today.
be realistic, don't be too optimistic, and don't be too pessimistic, it will destroy your life,
we know that Bitcoin is hard to break through the last resistance and it is certain to go down today, to go to $ 180k is very difficult
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December 10, 2019, 04:37:11 PM
 #36


Right now we are sitting on $ 7,554.43 USD right now and I don't see any major spike that would make the price erupt so much until the end of this year, but at least you had a positive approach with Bitcoin I think that is lacking with many Bitcoin holders right now the positive mind that Bitcoin will surely go in that price someday attitude.

Even now it continues to fall to $7200 but for this month's surge I think it will not be significant even tends to continue to fall, indeed these few months bicoin is difficult to predict because the guesses from the experts always miss, but I if halving has happened maybe it could reach $10,000 even nothing happens to a large increase in bitcoin.

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December 10, 2019, 10:56:38 PM
 #37

The price should fall between $180,000 and $380,000 in December 31, 2024.
A table with full data is given below:

Date   Trend-Line Prediction   Technical Indicator Prediction
September 30 2019   $8000-$8600
December 31 2019   $10,600   $8780
December 31 2020   $21,000   $20,200
December 31 2024   $180,000-$380,000

I ask from expert about this table what do you think.

I don't expect this extrapolation to hold up over time. We've already had 3 distinct bubble cycles. After another cycle or two (at most) the pattern will become too obvious and the market will front run it. That's when, in terms of the technology S-curve, the market would "jump the chasm" between early adopter and early majority.

This exponential increase in adoption ("mass" adoption) could cause a price increase magnitudes beyond the previous cycles.

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December 11, 2019, 03:05:36 AM
 #38

For December 31, 2019, we got a different price with each method, $10,600 and $8780 respectively.
For January 31 to February 2020. We got a price target of $21,000 and $20,200 respectively, a relatively insignificant difference.


bitcoin is one of the first cryptocurrency that is very famous after reaching the highest price between $ 20k at the end of 2017, then bitcoin experienced bearish in 2018 which made some bitcoin investors frustrated and they expect bitcoin prices to recover.
And I personally am very sure that in the future bitcoin can still touch the price of $ 20k until the end of the year even though current crypto price fluctuations continue.
20k will be possible, with OP chart or not i think a lot of people will have same expectation. But what i use to be my note is maybe timeline that OP mention too short, will need big surprise to pump to that price for now. Maybe for people, if prediction about good price in future like this not like what you expect when time is come, as long hold bitcoin i think worth to still believe it will pumped, only need time.

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December 11, 2019, 07:21:17 AM
 #39

I want to know where did you get the prediction table? why he can be sure of the price of bitcoin in the future.
I always believe that no one can predict with certainty what the price of bitcoin in the future. because the price of bitcoin is very volatile and cannot be guessed and can change at any time. and he also predicted the price of bitcoin on December 31 this could reach $ 10,600 I'm not sure about this because we know the current price of bitcoin is $ 7200. and I think it's difficult to reach $ 10,000 at the end of this year. I also hope that bitcoin will increase. but I did not expect too high.

 
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December 11, 2019, 08:28:56 AM
 #40

can you include a news link or table image that shows this prediction? predictably it can happen. and I still have optimism about the rise in bitcoin. it's just that in the world of crypto anything can happen. hopefully all according to predictions that have been written.
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