Will Bitcoin price be $20000 next year?

[topbitcoin]

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.

If you already pick all on crypto, i think you must really confident with your investment. Actually out there a lot of people do same thing as you and include me, big part of my investment is bitcoin and i really wait for halving. Maybe if halving really bring good price of bitcoin like what it did in past, a lot of people might be can take profit from it.

[Desscount]

before $ 20,000, Bitcoin must return to $ 10,000, because that is very important,
maybe if you have a better Bitcoin traded and add your Bitcoin assets

[pixie85]

before $ 20,000, Bitcoin must return to $ 10,000, because that is very important,
maybe if you have a better Bitcoin traded and add your Bitcoin assets

Wow what a smart guy you are. To reach 20 thousand we must first be at 10 Fucking genius!


If not in 2020 it will happen in 2021. Bitcoin is working and has no critical bugs but a lot of interest from the public. Something like that will move forward we only don't know at what pace. I doubt it will take more than 5 years for us to break 20 thousand and go to higher levels. That's if we won't have a bubble run but a steady growth instead.

[gentlemand]

If not in 2020 it will happen in 2021.

I've noticed no one in this thread has taken into account the wider economy. If there's a genuine and prolonged shit I don't see a bright future for Bitcoin's price for a lengthy time. Since its birth BTC has existed in world markets that have had a near unbroken cruise upwards. If that undergoes a fundamental change then every expectation may get binned.

[exstasie]

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.

It will definitely be cause for a short term pullback. I think David's take on that is a pretty good one. We saw two harsh 2-3 week long corrections off the $1,100-$1,300 area in January and March 2017. We should expect similar resistance at the ATH this time around.

After 2+ years of consolidation, I think a double top at $20K is pretty much impossible though. The pullback mentioned above will be a massive "buy the dip" opportunity.

[BChydro]

I've noticed no one in this thread has taken into account the wider economy. If there's a genuine and prolonged shit I don't see a bright future for Bitcoin's price for a lengthy time. Since its birth BTC has existed in world markets that have had a near unbroken cruise upwards. If that undergoes a fundamental change then every expectation may get binned.

Some of the investors in the bitcoin market does not have a clue about the other markets and how the economy works and so is the reason you do not see anyone talking about the economic situation, if there are possibilities that we will go into economic recession during the time of the halving then everything is doomed and all these factors will play a major role in the bitcoin market rally.

[Shinpako09]

No one can give an accurate guess but most of us are expecting a new ATH will be set next year or 2021. A lot are speculating about it because of what happened way back. Every halving resulted into a big increase that's why we are also expecting that history repeat itself. But some says the upcoming halving is different from the past and the price won't go up like the usual. Like others speculation on price going up, those who say there's no price increase gonna happen after halving is also not accurate.

[okala]

I have read some arguments that the market reaction on the next year halving has already happened in June and July this year but I think they are new to this market. Halving years has always be extremely bullish years and I expect bitcoin to cross $20,000 next year no matter the attack from government.

[Dr.Osh]

I have read some arguments that the market reaction on the next year halving has already happened in June and July this year but I think they are new to this market. Halving years has always be extremely bullish years and I expect bitcoin to cross $20,000 next year no matter the attack from government.

it is still too soon to think that in June and July this year is a reaction from halving that will occur next year, because the increase in that month was also triggered by the SEC.
however, I think that the reaction from halving will actually occur in the coming year, that is, before halving occurs.  I feel that the increase will be higher than this year, so I think that after halving, the price of bitcoin will definitely be higher.

[danherbias07]

There is a possibility but I am guessing it would be in December of 2020 again.

May 2020 will be the time of the halving but it doesn't mean that the price will bounce in a large scale just like that in a small amount of time.
A larger chance will be after 6 months.
So it could be mid November or just like I said December.
That is when they will feel that block rewards are really hurting because it is way too small to profit and the market will try to equal that.

[luckyflop]

In the past, halving has helped Bitcoin to grow strongly and the price has risen 2-3 times higher than the previous period. But now bitcoin price is quite high so I'm not too optimistic about it. There will be price increases but I think not much. We need more people to invest in this market like 2017

[bitbunnny]

To be straight and honest, I don't think so.
It looks like many Bitcoin users expect from every new year to be another 2017 and that price might go up to 20000$ or even more but that is very hard to predict because everything depends on the market and investor's mood.
Currently price seems to be recovering and we might even come to 8000$ by the end of the year but to get to 20000$ takes a long way, continuous and steady growth and I don't know if next year that will be possible.

[ultrloa]

In the past, halving has helped Bitcoin to grow strongly and the price has risen 2-3 times higher than the previous period. But now bitcoin price is quite high so I'm not too optimistic about it. There will be price increases but I think not much. We need more people to invest in this market like 2017

People got crazy when the price keeps pumping and it creates demand that's why we see the price became wild but hopefully we can see those orders back to see the another historical events of halving effect and hopefully we can see another $20k at piece since if this one will gonna happen we can see more people will comeback to gain with bitcoins.

[sovie]

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.

Many thought Bitcoin will go to $5000 but $6800 proved to be lowest before current pumping start. There is no low or nobody can say whats the lowest before bitcoin starts an upward moment. Best is to start buying bitcoin at dips and HODL while bitcoin goes up.

[ultrloa]

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.

Many thought Bitcoin will go to $5000 but $6800 proved to be lowest before current pumping start. There is no low or nobody can say whats the lowest before bitcoin starts an upward moment. Best is to start buying bitcoin at dips and HODL while bitcoin goes up.

Those taught is only made by the people who are afraid on the market condition but since the block halving is nearly happen for sure the feeling's of those who doubt change that's why we can see those current pump happening right now and provably we can see those up continuously.

Let's see guys if we can get a big future coming up next year.

[Aying]

I mean the halving is here.

Guys,what do you think?

You mean that huge amount next year? even halving is near, we can't expect that much pumping next year because bullish market is still happening and we cant decide on our own that price will reach. we can expect next year that many will recognize bitcoin and the lifted price would not dependent on halving. that's what I think that possible to happen next year..

[plvbob0070]

I mean the halving is here.

Guys,what do you think?

We are not 100% sure about that but most people predict that the price of bitcoin starts to rise up after its halving. I'm not sure about the price of bitcoin because we still do not what will be the result of halving. Then, bitcoin halving is one of the reasons why many people have their hope on the price of bitcoin because they think it will gonna repeat the year 2017 where bitcoin almost hit the 20,000$.

[davinchi]

Look the truth is NOBODY here knows what bitcoin will do, nobody out there knows it neither but at least there are rich enough people that can change the price out there, those whales are not here and even tho some people fool themselves but they are not reading here neither.

So, the reality is that technically speaking there is no reason why bitcoin can't be 20 thousand dollars, it can very well be 20 thousand dollars in one hour, all we need is to buy all orders from current price to 20 thousand dollars and you have it. However reality is that you may also have bitcoin at 1000 dollars as well, it is just as likely and just as technically possible, all we need is someone selling enough bitcoins to cover all buys from here to one thousand dollars. Whatever ends up happening in 2020 will be a surprise for us.

[msarro]

It may be 3500$ or 20,000$. Bitcoin can swing in any direction and no one can stop that not even whales. We have seen current rise in price of bitcoin and there is no reason for this rise. Likewise bitcoin may fall or rise next year without any reason. Don’t expect any price of bitcoin. Just buy when it is low and HODL.

[radjie]

although many people believe that bitcoin will increase again next year, of course price movements will not be able to increase sharply in the short time when entering 2020, everything will definitely need a process and will not be able to increase in a short time. it could even be that bitcoin price movements will experience a sharp decline because basically market price movements cannot be predicted with certainty