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Author Topic: Will Bitcoin price be $20000 next year?  (Read 1348 times)
Jennifer1023 (OP)
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December 21, 2019, 08:36:26 AM
 #41

Halving is a few months away, and looking back, end-of-year always posts awful price action and lame market movement, so I won't go so far into expecting anything good happening before 2020. After the halving is what's really interesting considering that we're in the greens for most of the halvings over the course of 10 years, and it will be no surprise if we get a small bullish movement after the halving.
i can not imagine when people buying a lot of bitcoin now , sell everything they have now to take this chance but after halving occured , the price of bitcoin plunged down to -50‰ or worse.

what you gonna do?

sell it immediately? wait for a month or two then if the price still did not move, sell it anyway?
think for the worst scheme before making any investment eventhough you know that there is a big chance , therr is always an unexpected thing to be anticipated.
I think you've got a point.if people are buying BTC and when good news coming,the selling pressure is going to be so big.So it's hard to say
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December 21, 2019, 08:49:52 AM
 #42

I mean the halving is here.

Guys,what do you think?
people think like that and prepare their assets before it arrives. however, the potential for halving to achieve high prices is enormous. that can be seen from the previous halving, especially in 2017 when bitcoin prices are popular. if there is good news, it will also be a supporting factor for prices to go higher even if they don't reach the price of $ 20k, I still believe bitcoin prices can be very high.

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December 21, 2019, 03:52:06 PM
 #43

Halving is a few months away, and looking back, end-of-year always posts awful price action and lame market movement, so I won't go so far into expecting anything good happening before 2020. After the halving is what's really interesting considering that we're in the greens for most of the halvings over the course of 10 years, and it will be no surprise if we get a small bullish movement after the halving.
i can not imagine when people buying a lot of bitcoin now , sell everything they have now to take this chance but after halving occured , the price of bitcoin plunged down to -50‰ or worse.

what you gonna do?

sell it immediately? wait for a month or two then if the price still did not move, sell it anyway?
think for the worst scheme before making any investment eventhough you know that there is a big chance , therr is always an unexpected thing to be anticipated.
I think you've got a point.if people are buying BTC and when good news coming,the selling pressure is going to be so big.So it's hard to say
it is been proven that a lot of people has bought bitcoin since it was at $10000 and guess what those buyers doing now?

yes cut that the losses , they can not resist to do that , they can not resist to get their value dropped that high and the most important they forgot the goal of buyig bitcoin at that moment is to support the halving day and hoping for the rewards later.

this is just a little bit drop , don't you worry and hold it until the day finally come.
be a believer and your faith will have a bigger rewards.
do painful things first now and chill on the penthouse in the future.
next year is expected as the next bitcoin ATH. do take the risk now or never.
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December 21, 2019, 04:02:49 PM
 #44

I have no idea but when we look back at the halving history of Bitcoin the price always increases. But no one is really sure this halving will help BTC increase in the bear market, I hope Bitcoin price can exceed 10000$ and be stable for a long time in 2020. I do not set the target too high because the current market is very boring and there are too few investors interested in the market at the moment. As long as the price goes up to $ 10,000 and I will sell all the Bitcoin I hold and wait for a better price to continue investing in it.

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December 21, 2019, 04:11:58 PM
 #45

I mean the halving is here.

Guys,what do you think?
I think if you really believe it, buy and hold and know the risk first is important. But for me bitcoin still worth to buy in this level of price, although halving maybe not really change bitcoin price, sometime other condition can attract people to buy bitcoin and make it's price increased. But for me, either price move when halving come or not, we should make fast decision after it come/

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December 21, 2019, 05:30:27 PM
 #46

I have no idea but when we look back at the halving history of Bitcoin the price always increases. But no one is really sure this halving will help BTC increase in the bear market, I hope Bitcoin price can exceed 10000$ and be stable for a long time in 2020. I do not set the target too high because the current market is very boring and there are too few investors interested in the market at the moment. As long as the price goes up to $ 10,000 and I will sell all the Bitcoin I hold and wait for a better price to continue investing in it.
In fact, no one doubts that Bitcoin can once again reach the price of $ 20,000, but the whole problem is how long it takes for Bitcoin to reach that level.  It seems to me that the situation on the cryptocurrency market has changed dramatically compared to what happened in 2017, but you also need to take into account that the attitude of the public towards cryptocurrency has also changed and today everyone understands and realizes the risks of the cryptocurrency market.  But if we talk about the benefits of investing in bitcoin, then first of all, everything will depend on how long the investor makes an investment, since only a long investment can bring a good profit.  But if cryptocurrency users who buy Bitcoin at today's price, because they have planned short-term investments, risk losing if the market goes down.
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December 21, 2019, 05:40:36 PM
 #47

I mean the halving is here.

Guys,what do you think?
I think there is a possibility that bitcoin's price will reach it's price to $20,000 next year of 2020 because bitcoin halving will also start next year. I also expect that bitcoin will go beyond to $20,000 next year because a lot of people all over the world still not yet knows about bitcoin.



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December 21, 2019, 06:43:29 PM
 #48

Last time halving only we have seen the best growth in the marketplace.
As like we can expect the growth for sure, last time after halving end of the year bitcoin price goes to massive value in price chart. Amount we cannot imagine will lively present in the chart.

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December 21, 2019, 10:56:09 PM
 #49

Dunno.

What I am interested in is how it passes 20 grand. Will it nudge it and fall back for months, butt up against it for weeks on end before agonisingly cracking it or breeze straight on through? If it breezes then that'll be a sign it'll be on its way to considerably higher.

I thought the return to $1000 would be a vast undertaking but it turned out to be a casual stroll in the park.
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December 22, 2019, 05:22:39 AM
 #50

When you look at the start of the year price and end of the year price it tells you a lot of stuff but it doesn't tell you the whole story of it. Look at the peak of this season for example. So, what you should do is get the "average price of the year" which basically talks about what the average price was for the longest days, if it was 13k for 100 days that's important but if it was $13k for 2 days that is not really that important.

For this year, it was around 9 thousand dollars because let's face it we didn't spent too much time around $13k but we did spent a lot of time around 7 thousand and there was a huge 6 month period between 9 and 11 thousand dollars so the average became 9 thousand dollars thanks to last 2 months being heavily under 9 thousand. I say we can "reach" 20 thousand dollars in 2020, it is possible (not saying it WILL happen but possible) but I doubt it will have a 20 thousand average.

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Jennifer1023 (OP)
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December 22, 2019, 05:24:07 AM
 #51

I have no idea but when we look back at the halving history of Bitcoin the price always increases. But no one is really sure this halving will help BTC increase in the bear market, I hope Bitcoin price can exceed 10000$ and be stable for a long time in 2020. I do not set the target too high because the current market is very boring and there are too few investors interested in the market at the moment. As long as the price goes up to $ 10,000 and I will sell all the Bitcoin I hold and wait for a better price to continue investing in it.
In fact, no one doubts that Bitcoin can once again reach the price of $ 20,000, but the whole problem is how long it takes for Bitcoin to reach that level.  It seems to me that the situation on the cryptocurrency market has changed dramatically compared to what happened in 2017, but you also need to take into account that the attitude of the public towards cryptocurrency has also changed and today everyone understands and realizes the risks of the cryptocurrency market.  But if we talk about the benefits of investing in bitcoin, then first of all, everything will depend on how long the investor makes an investment, since only a long investment can bring a good profit.  But if cryptocurrency users who buy Bitcoin at today's price, because they have planned short-term investments, risk losing if the market goes down.
That's true,back to 2017,People only think buying BTC getting the benefits,But now people aware of the danger in the capital markets
senin
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December 22, 2019, 07:06:17 AM
 #52

Let's see the historical data:
- First halving, on November 2012 : Bitcoin increased from $11 to $1,100 in 2013 (one year later)
- Second halving, on July 2016 : Bitcoin increased from $600 to $20,000 in 2017 (one year later)
- Third halving, on May 2020 : Bitcoin increased from $6,000-$8,000 to $??? in 2021 (one year later)

Based on historical data, the maximum rate of BTC in 2021 (not in 2020) should be more than $20,000 (ATH in the second halving).
However, there is no guarantee, mate.  Wink

BTC price/rate prediction:



*Halving data got from: hackernoon.com
*Chart picture got from:cryptocointrade.com


If the price of bitcoin rose well in previous years, this does not mean at all that it will also grow in the future. Therefore, to forecast its price, analysis of previous growth is not significant. Bitcoin will rise and fall in price more than once. And about any specific amounts can hardly be argued with a high degree of probability.
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December 22, 2019, 09:01:28 AM
 #53

I mean the halving is here.

Guys,what do you think?
My speculation about that, maybe halving can possibly bring $15000, about $20000 maybe it is all depends on how people see about it. For now, i think a lot of people already accumulate bitcoin in this and lower range price.  When high price come, usually who already hold will sell their coins to get profit, and at the end, it is all depends on how much buyer still want to buy bitcoin itself.

cryptoangel
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December 22, 2019, 02:07:13 PM
 #54

I mean the halving is here.

Guys,what do you think?
My speculation about that, maybe halving can possibly bring $15000, about $20000 maybe it is all depends on how people see about it. For now, i think a lot of people already accumulate bitcoin in this and lower range price.  When high price come, usually who already hold will sell their coins to get profit, and at the end, it is all depends on how much buyer still want to buy bitcoin itself.
Bitcoin is a valuable asset so everyone know the long term potential, But I didn't see any halving in this month. I expect some having will occur and it make huge boom on Bitcoin. Most of the peoples are already start the buying so end of the year we expect 8k USD on Bitcoin. All are waiting for the upcoming bull run so we see how it will going to moon.

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InvoKing
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December 22, 2019, 02:41:03 PM
 #55

2019:

January price: $4000

December price: $7000

had many fluctuations and even reached $ 13000. some people have the courage to make price forecasts of $250,000
There is a progress indeed but comparing it to last year then...

My opinion is that the price can reach $25,000 within 5 years.
Maybe more i think. I would say $25k in the next 2-3 years and up to $40k in 5 years

PS: Don't think that the price will increase soon in May, it is possible that the price increase will start to be more noticeable from the end of December next year.
I agree with you. Few months after the halving the price will start rising

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Jennifer1023 (OP)
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December 22, 2019, 03:02:53 PM
 #56

I have no idea but when we look back at the halving history of Bitcoin the price always increases. But no one is really sure this halving will help BTC increase in the bear market, I hope Bitcoin price can exceed 10000$ and be stable for a long time in 2020. I do not set the target too high because the current market is very boring and there are too few investors interested in the market at the moment. As long as the price goes up to $ 10,000 and I will sell all the Bitcoin I hold and wait for a better price to continue investing in it.
I don't really think it's still bear market,It's already in a new price row
Pinkris128
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December 22, 2019, 03:51:09 PM
 #57

I mean the halving is here.

Guys,what do you think?
Indeed. Halving is now happening, so i hope bitcoin's price could reach to $20,000 because a lot of people would like to gain back all of their losses in the past year of 2018, that is why it will be really worth it if bitcoin will have a big pump next year of 2020, even it takes a lot of time as long it increases it's price.
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December 22, 2019, 04:04:03 PM
 #58

There is no correct answer to this question. This has been asked so many times here and every one has its own predictions about that. Right now price of bitcoin is down and our eyes are whether the bitcoin price will go to 10k or 5k USD. Let's hope it make it to 10k, not 5k.


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December 22, 2019, 04:05:45 PM
 #59

people think like that and prepare their assets before it arrives. however, the potential for halving to achieve high prices is enormous. that can be seen from the previous halving, especially in 2017 when bitcoin prices are popular. if there is good news, it will also be a supporting factor for prices to go higher even if they don't reach the price of $ 20k, I still believe bitcoin prices can be very high.
Will you buy BTC before the halving,like from now?
Well, I don't want to explain this, but what you need to know is, most of my assets are currently in crypto form, specifically bitcoin. I do this to prepare for halving, and believe in the potential of bitcoin. if there is another chance, I might try to get a large amount of bitcoin before halving occurs.

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December 22, 2019, 04:10:46 PM
 #60

There will a short term Bull run that should start after January or end of the month. But, do not expect the price to reach $20k. I think it will go back to $10k once again and might be $11k.

Historically Bitcoin price always went up after the halving year. So expect some big price shift in 2021.
What bullrun? Nobody in this world really knows what will happen in the future. Crypto is very complicated right now and its hard to predict its movements, even if there are positive news it doesn’t really affect the prices that much. History will not guarantee future results.

We have to go forward, whatever history is good about bitcoin, we cannot guess it in the future, even expert predictions are not necessarily good for bitcoin prices. I only see continuous market movements that I know, although I have not determined price and positive thinking is very important so that it is not affected by FUD from any news.
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