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Author Topic: Will Bitcoin price be $20000 next year?  (Read 1339 times)
Jennifer1023 (OP)
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December 20, 2019, 09:59:06 AM
Last edit: December 22, 2019, 07:00:07 AM by Jennifer1023
 #1

I mean the halving is here.

Guys,what do you think?
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December 20, 2019, 10:17:04 AM
 #2

You mean the halving.

If I were you I would stop expecting way too much just like before.
2017 is not the year of the halving it was July 2016 when it happened. So you cannot really connect the halving into when the bitcoin price will pump.
Just buy bitcoin. That is all you have to think about for now.
The cheaper the better. But when will you know when it is cheap? You decide.
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December 20, 2019, 10:21:25 AM
 #3

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.

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December 20, 2019, 10:25:23 AM
 #4

It's still too early to say, we are in the deep market even if we can see this as the possibility of a sudden increase there may be a chance but let's not expect that high so we will not get disappointed when the bull run comes.
Even the halving is here, we cannot guarantee that next year, $20k will come.

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Jennifer1023 (OP)
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December 20, 2019, 10:35:22 AM
 #5

You mean the halving.

If I were you I would stop expecting way too much just like before.
2017 is not the year of the halving it was July 2016 when it happened. So you cannot really connect the halving into when the bitcoin price will pump.
Just buy bitcoin. That is all you have to think about for now.
The cheaper the better. But when will you know when it is cheap? You decide.

Yeah,Thanks for correcting.
But back to 2017,The bitcoin market is so small,Maybe no one is manipulating the real market.The 2017 pump is mainly by the new thing exposure, especially when it comes to money.
Now in 2019,The bitcoin market is a very mature one,The manipulator is going to see this:people are expecting the pump.The halving is the very good reason to pump the market.And they will make a great profit.
Only my personal ideas, hahha, willing to hear everyone's thoughts
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December 20, 2019, 10:46:29 AM
 #6

to find out then we have to wait for next year to get an answer, so we have to wait to find the answer. maybe at this time we can only look for possibilities that can happen, to get a definite answer then it will be difficult

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Jennifer1023 (OP)
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December 20, 2019, 10:47:26 AM
 #7

It's still too early to say, we are in the deep market even if we can see this as the possibility of a sudden increase there may be a chance but let's not expect that high so we will not get disappointed when the bull run comes.
Even the halving is here, we cannot guarantee that next year, $20k will come.
Yeah,I think you've got a point.Low down our expecting, Don't get the disappointment, hahah, Thanks
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December 20, 2019, 10:50:54 AM
 #8

Well... we have the precedence and my personal opinion is that we're going to reach new all time highs in the next year and therefore enter the price discovery mode who could launch us God knows where. Maybe to the long-awaited moon?  Grin

It all depends on the forces acting on the market. Once the halvening happens miners probably won't sell Bitcoin at these prices as they won't even breakeven on their mining activities. So what are they going to do? - Relieve the selling pressure from the market until a point where they are happy with their profits.
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December 20, 2019, 11:00:45 AM
Last edit: December 20, 2019, 12:20:47 PM by Rengga Jati
Merited by aardvark15 (1)
 #9

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


R


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December 20, 2019, 11:08:29 AM
 #10

I mean the halving is here.

Guys,what do you think?
everyone knows a lot of speculations and predictions about halving from famous people in crypto about 2020 later, but to guess the price of bitcoin can reach $ 20k I think it's very heavy, for fear that what we hope cannot be achieved can be crazy, the price of bitcoin cannot at the pump, so let's sit together looking at it together

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December 20, 2019, 11:15:27 AM
 #11

Well... we have the precedence and my personal opinion is that we're going to reach new all time highs in the next year and therefore enter the price discovery mode who could launch us God knows where. Maybe to the long-awaited moon?  Grin

It all depends on the forces acting on the market. Once the halvening happens miners probably won't sell Bitcoin at these prices as they won't even breakeven on their mining activities. So what are they going to do? - Relieve the selling pressure from the market until a point where they are happy with their profits.

If you are looking the price of the bitcoin before it came from the lower value that just a few people saw the potential it will grow, by the time goes by the amount of the bitcoin slowly rising and becomes profitable for the two to three years we can see the difference of the price, and then in 2017 the cost of the coin reaches for over 20 thousand dollars this is the highest money recorded, and many investors of the bitcoin becomes rich and grab this opportunity this is the start of the popularity of the bitcoin, and the coin becomes stable for three years, and in this 2019 the price of the currency falls before the end of the year, and they noticed this immediately they pull out their money to save for the long term investment again. But on the positive side, the price of the bitcoin is slowly pumping still and hoping that the price rise with a profitable outcome.

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December 20, 2019, 11:20:06 AM
 #12

Just trade bitcoin and make some dollars, bitcoin has been very volatile and keeps giving traders good profit that ones that dare to buy low and wait enough to take profit. We don't know when $20k will happen again but bitcoin remains a good investment.

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December 20, 2019, 11:30:11 AM
 #13

I mean the halving is here.

Guys,what do you think?


For good reason? halving will be here at any random situations for the market this year as the start of 2020, I wouldn't expect beyond my simple expectations. We will be reaching soon to that price of $20k per btc, but unfortunately it's still hard to day a specific value on that huge figure. The fluctuating market was still struggling to recover by now, and we needed more time before recovery will be fully substantiate in order for peak price to be achieved.

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December 20, 2019, 11:43:47 AM
 #14

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

*Halving data got from: https://hackernoon.com/will-bitcoin-skyrocket-after-the-2020-halving-like-in-2016-b61c6568debb

We will see as well how big the hype will be. In 2017 even morning show celebrities were overreacting about Bitcoin.

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December 20, 2019, 12:08:54 PM
 #15

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.
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December 20, 2019, 12:25:57 PM
 #16

I mean the halving is here.

Guys,what do you think?
Don't predict or hope too much just because halving will happen next year 2020. Is it too early to predict what would happen next year 2020 after the halving or during the halving?
I think don't be conscious about the halving because halving is a normal state of the crypto which is happening every 4 years so there is no huge tendency that bitcoins will fluctuate and bounce back again around  $20,000 so it is kind of a merely prediction.
All we need to do right now is to stored bitcoins in our wallet so that we will be ready at some point if a bull run of bitcoin or market comes again. That was the best thing we need to do right now.



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Rainbot
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joinfree
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December 20, 2019, 12:26:28 PM
 #17

You mean the halving.

If I were you I would stop expecting way too much just like before.
2017 is not the year of the halving it was July 2016 when it happened. So you cannot really connect the halving into when the bitcoin price will pump.
Just buy bitcoin. That is all you have to think about for now.
The cheaper the better. But when will you know when it is cheap? You decide.
That's right, he defintely did not connect his thoughts to previous bitcoin trends appropriately but did you know that the price of bitcoin after halving tend to see a good rise? This is why many people are assuming that the price may rise a bit though i doubt it will go that high.

Crypto Enthusiast supporting innovative ideas for the Liberalization of the world from the Centralized Institutions.
Colt81
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December 20, 2019, 01:03:12 PM
 #18

I mean the halving is here.

Guys,what do you think?
I still believe that bitcoin will increase it's price to $20K next year because there are still a lot of people who still doesn't know about bitcoin and cryptocurrencies, that is why there is a huge chance that not only in the price of $20k will bitcoin reach it's price maybe even more. So keep holding your bitcoins.
Dart18
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December 20, 2019, 01:18:11 PM
 #19

You mean the halving.

If I were you I would stop expecting way too much just like before.
2017 is not the year of the halving it was July 2016 when it happened. So you cannot really connect the halving into when the bitcoin price will pump.
Just buy bitcoin. That is all you have to think about for now.
The cheaper the better. But when will you know when it is cheap? You decide.
That's right, he defintely did not connect his thoughts to previous bitcoin trends appropriately but did you know that the price of bitcoin after halving tend to see a good rise? This is why many people are assuming that the price may rise a bit though i doubt it will go that high.

After. Yes, that might the correct timeline into it.
But when?
20k in December 2017. So that means it took 1 year and 5 months before the halving became more fruitful.
Now, the question.
What time is when you buy? Is this the cheapest we could get or there will be more at 2021? (May 2020 is the halving right?)
ecnalubma
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December 20, 2019, 02:11:54 PM
 #20

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.
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