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Author Topic: Will Bitcoin price be $20000 next year?  (Read 1339 times)
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December 25, 2019, 04:26:16 PM
 #81

I mean the halving is here.

Guys,what do you think?
talk about the potential after halving, then the price of $ 20k can be achieved after that. but, again in reality, that we cannot guess with certainty when and what bitcoin will become. however, based on information and history of price increases after halving, it really helps increase the price of bitcoin. however, to see that potential, the price of bitcoin needs to be in the $ 15k range before halving occurs.

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December 25, 2019, 04:38:16 PM
 #82

I mean the halving is here.

Guys,what do you think?
talk about the potential after halving, then the price of $ 20k can be achieved after that. but, again in reality, that we cannot guess with certainty when and what bitcoin will become. however, based on information and history of price increases after halving, it really helps increase the price of bitcoin. however, to see that potential, the price of bitcoin needs to be in the $ 15k range before halving occurs.

Actually this has not shown to the level of $ 15000 and it is still half of the current price, maybe 1 month more bitcoin will reach like that, Yes we always look at history before it happens halving then there will be an increase also even more significant but for this year indeed can't guess it and only time can determine the actual price of bitcoin.

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December 26, 2019, 09:25:53 AM
 #83

A lot of people hope bitcoin will increase in 2020, and of course this will depend on the whales and those who control this market, if whales have accumulated enough BTC in the past, I believe they will pump Bitcoin in 2020, and if they are still not satisfied with the bitcoins they have, I think the price will continue to go down and lower than it is now.
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December 27, 2019, 02:04:14 PM
 #84

I believe there will be bull run happened before and after halving but it's quite hard to predict at what price bitcoin will be but indeed according to the previous chart which is required approximately a year to reach the highest price after halving then probably new all time high wouldn't happened on next year but in bitcoin world everything looks possible so every possibility will have equal chance and for me as long there will be no massive dump i think it's quite enough

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December 27, 2019, 03:53:10 PM
 #85

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.
There is one important factor, the investment has to come from financial institutions to kick start the rally, if not where you you think billions will be coming to the market. No one in the right mind will buy well above the market valuation and if you really want to see a crash price like that pray for a software flaw in the trading platform you are trading and it might make you happy Tongue.

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.
There are many whales in the market who have a lot of coins and then there are scammers who are holding billions worth of coins and hence anything is possible in this regard.
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December 27, 2019, 10:56:06 PM
 #86

A lot of people hope bitcoin will increase in 2020, and of course this will depend on the whales and those who control this market, if whales have accumulated enough BTC in the past, I believe they will pump Bitcoin in 2020, and if they are still not satisfied with the bitcoins they have, I think the price will continue to go down and lower than it is now.
The year 2020  market growth isn't about the whales holding as much possible and pumping the market. This time the growth expectations and the price is much speculated associating with the upcoming halving. Few months left for the event to happen, but now on there needs to take place growth. Possibly from the starting month of the year we'll experience decline or growth which end up with a trend change by the days close to halving or after halving.

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December 27, 2019, 11:48:46 PM
 #87

Most people will be disappointed by the outcome of next year's halving. They are expecting a price pump, which I doubt if it will never occur but until after the halving. So, we need to prepare our mind and not rely on the upcoming event to predict the price of Bitcoin

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December 28, 2019, 05:42:11 AM
 #88

Most people will be disappointed by the outcome of next year's halving. They are expecting a price pump, which I doubt if it will never occur but until after the halving. So, we need to prepare our mind and not rely on the upcoming event to predict the price of Bitcoin
halving carries considerable potential in bitcoin to date. I feel that halving is the thing that keeps bitcoin prices at $ 7k, and there is even resistance to continue to rise to higher prices. somehow the price of bitcoin can reach $ 20,000 after halving, but that has great potential. until now we can only wait for that.
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December 28, 2019, 10:41:42 AM
 #89

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.

A series of good and bad events can make or break Bitcoin, halving is good news but it could hamper the growth if we read  to many distractions like hacking, we should not rely on halving alone, it should be back by a lot of good news and new people coming in to invest and support the adoption of Cryptocurrency.

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December 28, 2019, 10:47:10 AM
 #90

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.

A series of good and bad events can make or break Bitcoin, halving is good news but it could hamper the growth if we read  to many distractions like hacking, we should not rely on halving alone, it should be back by a lot of good news and new people coming in to invest and support the adoption of Cryptocurrency.

We should not expect a lot but it is free to dream, right? But if you are basing others' speculations on what you will do with your investments, please don't. You should follow your own instincts because it is your own money. When you lose, you can't blame them but only yourself.
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December 28, 2019, 11:03:38 AM
 #91

I am an apprentice in the field of cryptocurrency.  The biggest problem I have now, is this good time to buy bitcoin? is this really good time to take Bitcoin? Undecided Undecided Need Help  Undecided
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December 28, 2019, 04:47:33 PM
 #92

I am an apprentice in the field of cryptocurrency.  The biggest problem I have now, is this good time to buy bitcoin? is this really good time to take Bitcoin? Undecided Undecided Need Help  Undecided

Dollar cost average ! Buy a specific amount of dollars per month but try to spread it accross several dips. Over all it's always a great time to buy after a 20% crash.
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December 29, 2019, 07:17:50 AM
 #93

If we are talking about the prospects of the cryptocurrency market for 2020, then for Bitcoin to reach $ 20,000 there must be good reason, but I do not see any visible prerequisites for such a situation.  The fact is that cryptocurrency users really want a repeat of the situation in 2017, but this cannot happen, because in those years the popularity of cryptocurrencies was much higher and investors were much more active, which is why cryptocurrencies grew in price two years ago.

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December 29, 2019, 08:12:07 AM
 #94

If we are talking about the prospects of the cryptocurrency market for 2020, then for Bitcoin to reach $ 20,000 there must be good reason, but I do not see any visible prerequisites for such a situation.  The fact is that cryptocurrency users really want a repeat of the situation in 2017, but this cannot happen, because in those years the popularity of cryptocurrencies was much higher and investors were much more active, which is why cryptocurrencies grew in price two years ago.

The big reason to come up next year is the halving and based on the past price history it shows that halving gather most huge percentage runs but let's see on how the halving will take effect and we shouldn't closed the discussion if we really reach that or not since anything has possibilities and the adoption hasn't stop yet.

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December 30, 2019, 06:51:53 PM
 #95

Am not sure about it, but if we look back at Bitcoin's halving past, the price will always increase. But no one is really sure this halving will allow BTC to grow in the bear market, I hope Bitcoin's price will reach $10,000 and be stable in 2020 for a long time. I am not setting the target too high because the current market is very boring and the market is currently interested in too few investors. As long as the price goes up to $10,000 and I'm going to sell all the bitcoin I hold and wait for a better price to keep investing in it.

Mhhh I see a relation between the traditional stock market and cryptocurrencies. So maybe the smartmoney just went into stocks while we went down a bit. Stable price is some wishful thinking with a halving in May.
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December 31, 2019, 05:57:29 AM
 #96

If we are talking about the prospects of the cryptocurrency market for 2020, then for Bitcoin to reach $ 20,000 there must be good reason, but I do not see any visible prerequisites for such a situation.  The fact is that cryptocurrency users really want a repeat of the situation in 2017, but this cannot happen, because in those years the popularity of cryptocurrencies was much higher and investors were much more active, which is why cryptocurrencies grew in price two years ago.
the fact that we cannot see that possibility before halving actually takes place. it's just that the potential can be achieved if the price of bitcoin rises to around $ 15,000 before halving, or afterward. this will allow the price of bitcoin to rise to near $ 20,000 a few months after halving.
However, right now we are still guessing, but if the price of bitcoin can exceed the price of $ 20,000 in 2020, then that will be an achievement for the new ATH. I really believe that the price of bitcoin will pump after halving, so prepare yourself. although the price of bitcoin does not reach $ 20,000, there is a possibility that the price is close to it.

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December 31, 2019, 12:02:38 PM
 #97

in my opinion the price of bitcoin in 2020 will not reach $ 20,000 because if we look at the history of bitcoin the new bitcoin will pump up a year after being reduced by half. if bitcoin is reduced by half in May 2020 then maybe bitcoin will increase in the middle of 2021. but this is just a prediction that can be right and wrong. and in my opinion we shouldn't expect too much about bitcoin which is reduced by half next year because the current market situation is different from the past. My prediction this year is maybe the highest price of bitcoin is $ 13,000.

 
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December 31, 2019, 12:09:52 PM
 #98

From all indication of what has happened during halving there is a strong likely hood that price of Bitcoin will increase significantly as compared to the height of Bitcoin we have seen in the past which means Bitcoin will move above $20,000 before the end of next year.
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December 31, 2019, 12:46:46 PM
 #99

$ 20,000 might be easy to achieve for bitcoin, if a lot of new people grow with widespread adoption, it feels easy for bitcoin, but I don't want to expect too much next year to at least try to buy it a little when it's cheap, everyone keeps monitoring the price movements when halving remembers that many crypto communities expect something better to come next year, no one knows it isn't

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December 31, 2019, 01:45:27 PM
 #100

From all indication of what has happened during halving there is a strong likely hood that price of Bitcoin will increase significantly as compared to the height of Bitcoin we have seen in the past which means Bitcoin will move above $20,000 before the end of next year.

This year has been good overall if considered we did not had too much of a sudden rise or fall frequently and was on a stability price whenever it picked up a range. 2020 could be a growing year as btc prices have being stable and if this continues small and steady rise will only help the bitcoin users and its investors too.


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