The Trend for 2020.

[nelson4lov]

We're less than a week into January not much has happened so far. In 2019, we saw the total market capitalization reach over $300 billion with volumes as high as $100B.



Contrary to popular opinions for 2020, Bitcoin would reach a new all time high. Thanks to an increased in hashrate, an the block halving that's coming soon. That aside, what do you guys think would be the overall market trend for 2020. Are we going to trend up, down or sideways and why?


Will love your hear your insightful feedbacks and contributions ✍️

[jazmuzika217]

Honestly it is hard to give prediction and have a false hope. All we know that price of crypto are move quickly. But most of us are hoping for bitcoin halving. And I think it has a big possibility that it will happen on this first quarter of the year and all of us are hoping. Over all I think this year is good year for all of crypto because most of people are already adopting the crypto industry.

[GreatArkansas]

What I am just worried about is if we dumped below $6,000. Because for sure, if we dumped below $6,000, there's a huge possibility that we will fall again below $4,000 and we will see again the bottom around $3,000.
But I am POSITIVE person, so I am not hoping for that.
The hash rate things, block halvings things are totally key players for 2020 on the Bitcoin for sure, and could also lead for new all-time-high.

But do you think fellas, it is healthy for the Bitcoin to pump up to new all-time high before the block halving happens?

[Wexlike]

We're less than a week into January not much has happened so far. In 2019, we saw the total market capitalization reach over $300 billion with volumes as high as $100B.



Contrary to popular opinions for 2020, Bitcoin would reach a new all time high. Thanks to an increased in hashrate, an the block halving that's coming soon. That aside, what do you guys think would be the overall market trend for 2020. Are we going to trend up, down or sideways and why?


Will love your hear your insightful feedbacks and contributions ✍️

Ramp up to $ 16k in April and then a drop to $ 12k after the halving. After that a continuous uptrend with a possible new ATH at the end of 2020. But I only give it a chance fo 33%. I expect the ATH to occur in late 2021, at least I will offload my portions to the market at that time point.

[CryptoBry]

Contrary to popular opinions for 2020, Bitcoin would reach a new all time high. Thanks to an increased in hashrate, an the block halving that's coming soon. That aside, what do you guys think would be the overall market trend for 2020. Are we going to trend up, down or sideways and why?

I am actually assuming that the popular notion of the people for Bitcoin in the year 2020 is that it can really be going higher and higher and even touch beyond what was achieved in 2018. The coming halving can be an influential event and because we are assuming that it can lead to more gains then there is that possibility of higher demand for Bitcoin though many are saying that the full pulling up effect of the halving can be felt a year after or in 2021.

The question is this: Will history be repeating itself or due to new and different factors Bitcoin this time can be creating a new pathway away from the usual ones in the past? Well, that can be something that is so exciting to find out, will we be happily smiling die to Bitcoin or will we be severely disappointed?

[rdluffy]

I don't have a prediction based on real facts, it's a simple prediction, because I didn't plan for 2020 yet

This year everyone is expecting all time high, but I'm not so optimistic, I'll be happy with 10k USD for some time, I'm looking for all time low

[Furious 7]

I don't have a prediction based on real facts, it's a simple prediction, because I didn't plan for 2020 yet

This year everyone is expecting all time high, but I'm not so optimistic, I'll be happy with 10k USD for some time, I'm looking for all time low

At the moment the price of bitcoin is almost reaching $ 7500, it means that it will be close to predictions to immediately reach $ 10,000 but even though the movement is slow but I am optimistic that this will soon be reached to a better level, let others predict high prices but I hope in January or February Bitcoin soon reaches $ 10,000 because that is my target in predictions.

[BartS]

We're less than a week into January not much has happened so far. In 2019, we saw the total market capitalization reach over $300 billion with volumes as high as $100B.



Contrary to popular opinions for 2020, Bitcoin would reach a new all time high. Thanks to an increased in hashrate, an the block halving that's coming soon. That aside, what do you guys think would be the overall market trend for 2020. Are we going to trend up, down or sideways and why?


Will love your hear your insightful feedbacks and contributions ✍️

For what I have seen that is the popular opinion, almost everyone seems to be expecting a huge bull run during this year especially after the halving, there are a few others like myself that are expecting the bull market not during this year but in 2021.

My reasoning is simple, the recovery that we saw last year exhausted the reserves of those that have been watching this market and they have no more money to invest and I do not see many new investors coming to this market until we get very close to the ATH.

[maydna]

I don't make a prediction right now, but I only watch the market moves, and if I think that the price will be a dump, I will make sure that I can buy bitcoin at a low price. But I hope that bitcoin price is not getting dump too deep because if that happens, some people will panic because they buy bitcoin at a price now. They will cut loss the bitcoin that they purchased before, and they will place the order buy at a low price.

When we check the price now, the possibility for the price to increase still wide open although the price is now getting a push to the low price.

[panganib999]

Contrary to Popular Opinion? Where'd you get that? I'm actually pretty sure that the popular opinion right now is BTC achieving another ATH all because of the halving of May 2020. If we base it on that idea, and compare it to past halvings, A movement of downward to sideways would most possibly occur this year till December. Only after the year has passed would the market move upward towards a new ATH which is just like how the past halvings gave Bitcoin another ATH every halving.

[Wysi]

Can't predict much as it's too early because we have seen so many speculations fading away with the time so I would rather wait for next couple of weeks analyzing the market trend before making any decision but in general I think the market will see good days ahead as this year cannot be a normal year owing to the events lined up which will shape the future of bitcoin and crypto in general.

[Wexnident]

Well, it is just the start of the year. Nothing happening is quite expected tbh. To be fair, Nothing happening is actually a lot more acceptable and a lot better in contrast to something happening. Nothing happening means the market is quite stable and well regulated. As for the notion of BTC not reaching another ATH in 2020, Isn't it actually the opposite? I mean, the halving is in May 2020 and a lot are expecting quite some changes from it, and reaching another ATH is one of them.

My reasoning is simple, the recovery that we saw last year exhausted the reserves of those that have been watching this market and they have no more money to invest and I do not see many new investors coming to this market until we get very close to the ATH.

The recovery was already there and then. The market was well rested already starting from the start of 2019, and the entire year of it was actually reserved for the development of Bitcoin, which indeed happened, looking at how we started with 3k and ended the year with twice the price. We can already say that the market has recovered plenty well, and is ready to tackle again huge developments for the future.

[Reid]

There is one good thing about this.
Since they are all expecting history to repeat itself. (2017)
It never went up so fast and same thing when it goes down.

I very much like this kind of movement. There is still profit when you are trading as long as you do it right.
Also, there is not much panic that happens, specially here in this forum.

[kolonel_x]

I will not predict ahead of time because the current market price looks good, even bitcoin has also reached the price of $ 7500 so this is still not certain whether it will continue to improve or vice versa so I will see in the movement next month how the market reaction at that time if it was already point in either or opposite direction.
Let people speculate about prices from now but we better think positive and wait for the right time.

[rijaljun]

Stable in the early year, I am sure. There could be a price changes up and down but not much different from the current position. Then, when the halving is completed, the price could slightly goes up (positive trends) and we would see the price at the end of this year higher than today, like probably $10.000 USD.

2020 should be compared with 2016 and not 2017. So, watch closely the chart and expect the history to happen.

[smyslov]

We're less than a week into January not much has happened so far. In 2019, we saw the total market capitalization reach over $300 billion with volumes as high as $100B.



Contrary to popular opinions for 2020, Bitcoin would reach a new all time high. Thanks to an increased in hashrate, an the block halving that's coming soon. That aside, what do you guys think would be the overall market trend for 2020. Are we going to trend up, down or sideways and why?


Will love your hear your insightful feedbacks and contributions ✍️

Although I have high hope but it's to early to tell, I would like to take it one step at a time, but hoping that we can have another all time high, it's been a long time that price was stuck in the $7000 level and if reach the $8000 level that will be a good sign, the price has been struggling for several months now, I'm bullish that we will trend up.

[jhonjhon]

We're less than a week into January not much has happened so far. In 2019, we saw the total market capitalization reach over $300 billion with volumes as high as $100B.



Contrary to popular opinions for 2020, Bitcoin would reach a new all time high. Thanks to an increased in hashrate, an the block halving that's coming soon. That aside, what do you guys think would be the overall market trend for 2020. Are we going to trend up, down or sideways and why?


Will love your hear your insightful feedbacks and contributions ✍️

Although I have high hope but it's to early to tell, I would like to take it one step at a time, but hoping that we can have another all time high, it's been a long time that price was stuck in the $7000 level and if reach the $8000 level that will be a good sign, the price has been struggling for several months now, I'm bullish that we will trend up.

It is indeed very early to say that, it’s just few days that past 2020 and though we see a little increase now we can’t really say it is going to increase continuously. I know we will be having another all time high but we can’t really say it is this year exactly because the price can be affected by some other factors.
Let just wait and see after halving I just hope it’ll be a good price for everyone.

[bitvalak]

No significant increase occurred because it is currently in the sideways range of $ 6500- $ 8000.
All are waiting for prices to break resistance levels or support levels to wait for the moment.
Price increases always occur after halving, not before halving. But not an increase in an instant but slowly as in previous years.

[1Referee]

I very much like this kind of movement. There is still profit when you are trading as long as you do it right.

In a market where you can go both long and short, you can make money in either direction. People here however only know buy and hopefully sell higher. If you just follow the trend, you would have done well being short. Most important aspect is patience when the price is going down, because the pain isn't going away instantly, but drags on for a long period of time.

Also, there is not much panic that happens, specially here in this forum.

This forum isn't really a good representation of the sentiment. People here are just as volatile as the price itself is. Price down means hell breaks loose, where price up means $100,000 before the end of the year baby!!

[Juggy777]

We're less than a week into January not much has happened so far. In 2019, we saw the total market capitalization reach over $300 billion with volumes as high as $100B.

Contrary to popular opinions for 2020, Bitcoin would reach a new all time high. Thanks to an increased in hashrate, an the block halving that's coming soon. That aside, what do you guys think would be the overall market trend for 2020. Are we going to trend up, down or sideways and why?


Will love your hear your insightful feedbacks and contributions ✍️

@nelson4lov while I’m no analyst and I only rely on my personal gut feeling for my thought process, and it tells me that we’re going to see lots of upwards movements in bitcoin prices this year along with a record growth in adoption rate too. One of the key reasons for my gut feeling is the halving event which has been repeated so many times by me here, but I’ll yet repeat it again and inform you that bitcoin prices shall touch up to 15k before that event begins. Further check this Forbes article where it says that Nexo co-founder Antoni Trenchev thinks bitcoin prices can reach $50k though I doubt bitcoin prices can take such a big leap but he has done interesting analysis and you may want to have a look at it.

https://www.forbes.com/sites/ktorpey/2020/01/03/why-the-bitcoin-price-could-hit-50000-in-2020/#299739242f37

https://hackernoon.com/will-bitcoin-skyrocket-after-the-2020-halving-like-in-2016-b61c6568debb