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Author Topic: Bitcoin Closing Price On 2019? What do you think this year 2020 will be?  (Read 246 times)
sarwar180 (OP)
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January 01, 2020, 01:56:20 PM
 #1

Honestly I think Bitcoin 2020 will make progress , not only in price progress but also technical development will be happened. And we, most of the crypt lover don't focus upon that point.

Bitcoin closing price on Thanksgiving:
2020 Dec 30 - Huh
2019 Dec 30 - $7227
2018 Dec 30 - $4,365
2017 Dec 18 - $19,140
2016 Dec 30 - $973
2015 Dec 30 - $431


What do you think this year 2020 will be? Comment below.
AbuBhakar
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January 01, 2020, 02:04:45 PM
 #2

Double of 2019 price will be fine, as we can't determine yet what may be the effect of halving soon as well it will be a long year ahead before we can realize the price. Looking at 2018 price it's seems close to being doubled. Reaching 2017 ATH is quite impossible still these year if no new adoptions or removing of bans in other countries occur.

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January 01, 2020, 02:08:48 PM
 #3

For me closing price for bitcoin in 2020 will be 20,000$ or more this is because of bitcoin halving that will effect the bitcoin price,  but this is only speculation because we don't know what the problem and issue will happen now in year 2020. Hopefully full of adoption and awareness will happen so that price of bitcoin increases further.
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January 01, 2020, 02:47:53 PM
 #4

One of the most important event of Bitcoin ecosystem will happen in 2020 that is halving. This is definitely going to effect the price and bring in layers of speculation and maybe manipulation too. Many people are concerned already that decreasing prices and the halving  will make the Bitcoin mining less profitable and might make many miners leave it because of that. I am not altogether sure about the price but I guess it will break the ATH because of the increasing speculation.
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January 01, 2020, 02:51:25 PM
Last edit: January 07, 2020, 03:05:25 PM by Bitcoinislife09
 #5

Honestly I think Bitcoin 2020 will make progress , not only in price progress but also technical development will be happened. And we, most of the crypt lover don't focus upon that point.

Bitcoin closing price on Thanksgiving:
2020 Dec 30 - Huh
2019 Dec 30 - $7227
2018 Dec 30 - $4,365
2017 Dec 18 - $19,140
2016 Dec 30 - $973
2015 Dec 30 - $431


What do you think this year 2020 will be? Comment below.
We could already observe the movement of the market price of bitcoin for the past few months we notice the bitcoin market price is going down due to some issues in China,
Surely in 2020 with a lot of delays in the market it will experience resistance in the 10k$ mark but could easily slowly recover from the dump with just a few months. Also, the war could also affect the market price of bitcoin just like in the past wars surely if a lot of countries are going to concentrate in war bitcoin will be neglected. Also as long as you invest in bitcoin the market price was still volatile and great for buying and selling we could still see the bitcoin technology is improving as it is getting implemented in a lot of countries.

Still, I think this is a good opportunity to invest in bitcoin because it will surely increase its market price in 2020.
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January 01, 2020, 03:09:11 PM
 #6

I think the history will repeat this year as it happened in 2017. The 2018 and 2019 were similar to what it was in 2015 and 2016. People are expecting allot towards Bitcoin halving and we may see a new all time high in Bitcoin in 2020.

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January 01, 2020, 03:28:07 PM
 #7

I think the history will repeat this year as it happened in 2017. The 2018 and 2019 were similar to what it was in 2015 and 2016. People are expecting allot towards Bitcoin halving and we may see a new all time high in Bitcoin in 2020.
to see an iteration line based on history every 4 years, it means that the initial year was recorded 1 year before in 2014, if the trend increase is always effective 1 year after Halving. we will still be in the closing position of 2016. Price speculation will still improve this year, although it will not reach the highest price point yet. Apart from this analysis we also need to look at the consideration of other factors.

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January 01, 2020, 03:32:33 PM
 #8

I think it will be stable around this price and when the halving will finally come it will surely get back to the top , unfortunately there are many things that we have to think before saying something like this , it's like a double edged sword therefore we cannot really be sure of anything.
Hopefully the bitcoins will soar high , the halving is gonna be a positive event for the holders and the buyers .

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January 01, 2020, 03:34:34 PM
Last edit: January 01, 2020, 04:59:22 PM by malekbaba
 #9

Btc halving will help btc price to grow. But not immediately. We have to wait until q4 2020 to mid 2021. But we are not certain. History showed that halving helped btc price to grow. BTC must have to make some progress. And if developers are working to implement some cool features. If they succeed, BTC may enter into 15k to 20K range.
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January 01, 2020, 03:46:31 PM
 #10

Maybe $10000-$11000, or at least don't dumped until reach very low price. Although i am not lose big since i only hold a little amount of it, a lot of other people and maybe for bitcoin itself wouldn't be good. And it can be worse if a lot of people lose their investment, not only they will leave crypto business, they can influence other people so not make investment in bitcoin anymore.

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January 01, 2020, 03:46:36 PM
 #11

Halving, no halving: the real driving force for bitcoin in 2020 will be the real crisis of many other states with their fiat money. And if states start taxing more, citizens will understand that with bitcoin they can avoid being robbed. Banks for their part are already beginning to make stocks of digital gold.
My prediction: $ 30,000
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January 01, 2020, 03:53:20 PM
 #12

Honestly I think Bitcoin 2020 will make progress , not only in price progress but also technical development will be happened. And we, most of the crypt lover don't focus upon that point.

Bitcoin closing price on Thanksgiving:
2020 Dec 30 - Huh
2019 Dec 30 - $7227
2018 Dec 30 - $4,365
2017 Dec 18 - $19,140
2016 Dec 30 - $973
2015 Dec 30 - $431


What do you think this year 2020 will be? Comment below.

Considering the prices throughout the previous years, it is likely that the value of Bitcoin in December 2020 might either drop to $5k or increase to $9k.  The year is too young to start making assumptions of the market value of bitcoin. Lets wait for a while before we start making assumptions.
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January 01, 2020, 03:53:51 PM
 #13

My prediction: $ 30,000
Something I agree with this prediction if the previous chart will repeat the price history, probably it will be doubled the price from the previous bull run year 2017. But to be honest it is hard to tell someone with your prediction because it is baseless and we all know that the price of bitcoin is unpredictable. Anyway, this could be on the speculation board because it seems we are prediction here.

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January 02, 2020, 02:21:49 AM
 #14

Well the drop of yea 2018 was only the result of the Regulating of the Market when the bubble occurred on 2017, so simply speaking, BTC price should go up this year. Even if it maybe just a $1000 or so, a rise is still a rise. Though there may be a chance of another bubble occurring or at least another chance of ATH this year, with the halving of May 2020 happening and all of that.
Halving, no halving: the real driving force for bitcoin in 2020 will be the real crisis of many other states with their fiat money. And if states start taxing more, citizens will understand that with bitcoin they can avoid being robbed. Banks for their part are already beginning to make stocks of digital gold.
My prediction: $ 30,000
Well, if more citizens understand about the issue with Bitcoin, the issue with its supply would, in the end, affect the price of it more or less don't you think? Greater the demand, but the Supply is slowly being limited, prices would rake up right there and then.

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panganib999
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January 02, 2020, 03:13:07 AM
 #15

Anything would be fine honestly as long as its above $1000 of the price of the ending of 2019. Any increase is still in all honesty an increase. I have high hopes for it though with the halving of May 2020 coming. Especially with the issue of global debt being so high right now, people may actually accept BTC, increasing its demand for it. And with how the release of supply is slowly dwindling with halving, price should probably go up.. Hopefully.

I think the history will repeat this year as it happened in 2017.
Not really repeat but should be close to what happened then. I believe a bubble of 2017 wouldn't happen anymore, or at least at that large of a scale that is.Literally increased the price from last year by 20x which is really unbelievable.
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January 02, 2020, 03:20:44 AM
 #16

Even though we might say that  bitcoin performed poorly and below expectations in 2019 in term of price however it did well towards the end  of the year by closing above $7K+, personally I would like to see the price closing above $18,000 at the end of 2020 I am optimistic that the price would witnessed a remarkable pumping as a result or aftermath of its halving.

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January 02, 2020, 04:40:12 AM
 #17

Honestly I think Bitcoin 2020 will make progress , not only in price progress but also technical development will be happened. And we, most of the crypt lover don't focus upon that point.

Bitcoin closing price on Thanksgiving:
2020 Dec 30 - Huh
2019 Dec 30 - $7227
2018 Dec 30 - $4,365
2017 Dec 18 - $19,140
2016 Dec 30 - $973
2015 Dec 30 - $431


What do you think this year 2020 will be? Comment below.
My prediction
2020 Dec - $20227
I believe with bitcoin halving several months later give effect for bitcoin have higher price again and become most profitable coin for the future, many people if try to invest now have big chance to get much profit later and keep stable bitcoin with higher price,  have big effect if bitcoin have higher price ecaxtly from investor get much profit with bitcoin.

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January 02, 2020, 05:33:08 AM
 #18

Its almost impossible to predict this as its over a year away, if I had to guess I would say anywhere between $9000-$12000 or so. I think a better estimate would be to guess what it would be around the halving and I think around the halving we might be at either $5000 or $9000.

I still think the $9000 area will get tested and then we might hit $5000 or so which is the 200WMA. However its hard to predict a timeframe for this. The halving was bullish in the past but it doesn't mean it will be bullish in the future. Reason why is because if everyone is bullish then usually the markets will turn the opposite.
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January 02, 2020, 07:08:14 AM
 #19

yes I agree with you I also think it's quite difficult for bitcoin to reach $ 20,000 this year even though bitcoin has been reduced by half in May. My expectations for the price of bitcoin this year are not too high. I hope bitcoin can reach the price of $ 14,000. I am already happy. if now we buy bitcoin at a price of $ 7k then it goes up to $ 14k i think is quite profitable. hopefully by the end of this year bitcoin can reach $ 14k - $ 16k this is the target that I want to achieve.

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January 02, 2020, 08:25:51 AM
 #20

What do you think this year 2020 will be? Comment below.

Assuming the bottom doesn't fall out here, I think the market will turn bullish in Q1 as we approach the halving. By December, I think we'll be grappling with the ATH, similar to December 2016.

Hardly anyone can imagine BTC hitting $20K right now, but when it happens, it'll happen fast.

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