The Trend for 2020.

[jostorres]

It does take a while before the price could actually take off, everyone considers halving as something that will increase the price of bitcoin but between July 2016 when the last halving happened to April of 2017 (10 months) nothing changed, price moved from 700's to 900's or so, that was the all increase there could be.

After that there was a bitcoin cash deal where if you hold bitcoin you would get free bitcoin cash as well which increased the price of bitcoin a lot and people assumed it might be due to halving maybe, after that there was the 2017 December peak of 20k. So, it took over a year to increase and over 1.5 years to increase to all time high. That is why I think 2021 will be more fun than 2020 if the similar stuff happens again.

[$crypto$]

The trend in 2020 is perhaps the most impressive or the most awaited by investors is (halving) because this is a way to raise the price of crypto in the market and many also believe that after halving will have a positive impact on the crypto market later, certainly in the trend this year there are many big projects that will shake the world of crypto because they will collaborate well this year.

[STT]

Action is sideways so far and I will guess will continue in sum total until I find any trend found, established, confirmed and continued over time.   All we have some price changes which very often revert back to form and the ongoing action says sideways not especially large movements.   I have to guess based on what is occurring for a while now, but also I'll hope to see a change in patterns because its obvious to all.



Weekly bars, trying to guess is this a positive scenario playing out.   It seems to me its a challenged situation ongoing, I do expect sellers and also buyers to swing this either way at various times.

[Cacingkemi]

The trend in 2020 is perhaps the most impressive or the most awaited by investors is (halving) because this is a way to raise the price of crypto in the market and many also believe that after halving will have a positive impact on the crypto market later, certainly in the trend this year there are many big projects that will shake the world of crypto because they will collaborate well this year.

Crypto users' optimism about market price movements this year, of course many predict that there will be a big change that will occur, of course it will have a positive impact after bitcoin can reduce by half. but this is only speculation and it is uncertain whether it will really happen in the future

[cotton ball]

The trend in 2020 is perhaps the most impressive or the most awaited by investors is (halving) because this is a way to raise the price of crypto in the market and many also believe that after halving will have a positive impact on the crypto market later, certainly in the trend this year there are many big projects that will shake the world of crypto because they will collaborate well this year.

Crypto users' optimism about market price movements this year, of course many predict that there will be a big change that will occur, of course it will have a positive impact after bitcoin can reduce by half. but this is only speculation and it is uncertain whether it will really happen in the future

When bitcoin up always become trend for trading but exactly best time for trading is when bitcoin with lower price, when bitcoin have higher price become most profitable way for selling bitcoin and take enjoy with profit, many people make fault by investing and trading whit bitcoin after price raising up but looks disappointed when bitcoin have been down and try for selling their assets.

[7788bitcoin]

After that there was a bitcoin cash deal where if you hold bitcoin you would get free bitcoin cash as well which increased the price of bitcoin a lot and people assumed it might be due to halving maybe, after that there was the 2017 December peak of 20k. So, it took over a year to increase and over 1.5 years to increase to all time high. That is why I think 2021 will be more fun than 2020 if the similar stuff happens again.

You have a point there, people were investing during the fork as everyone expecting to hold two coins and have a valuation and then the halving occurred and everything was at the right time and then the rally we had in 2017 does not have anything to do with the fork and that will be the case this time too and the market will rally by 2021 if we go by the past rallies and their timings.

[Questat]

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.

In terms of trading volume we can see over $100 billion daily if bitcoin is bullish as people would start trading again.
Just today, trading volume is almost $100 billion already since bitcoin is pumping and it's not a big deal for me really, what's the big deal if when the total marketcap will increase as that involves the price of altcoins as well.

Seeing the total marketcap to rise $500 billion this year would already be a great achievement which I know it could happen as the halving hype is here and if it will reach to trillion, it should be nice to see for the market, we will be all over the news then.

[Republikcoin.com]

The trend in 2020 is perhaps the most impressive or the most awaited by investors is (halving) because this is a way to raise the price of crypto in the market and many also believe that after halving will have a positive impact on the crypto market later, certainly in the trend this year there are many big projects that will shake the world of crypto because they will collaborate well this year.

Crypto users' optimism about market price movements this year, of course many predict that there will be a big change that will occur, of course it will have a positive impact after bitcoin can reduce by half. but this is only speculation and it is uncertain whether it will really happen in the future

people are currently waiting for halving and seeing this situation I truly believe that the price of bitcoin will go up very high. however, the current situation is an example of why bitcoin prices will be very high in the future. the increase has been more than $ 1000 in less than 1 week. however, the halving trend will trigger an increase in the price of bitcoin.

[KnightElite]

Action is sideways so far and I will guess will continue in sum total until I find any trend found, established, confirmed and continued over time.   All we have some price changes which very often revert back to form and the ongoing action says sideways not especially large movements.   I have to guess based on what is occurring for a while now, but also I'll hope to see a change in patterns because its obvious to all.



Weekly bars, trying to guess is this a positive scenario playing out.   It seems to me its a challenged situation ongoing, I do expect sellers and also buyers to swing this either way at various times.

There is now a good sign after the major breakout. The ma 100 already strikes down. If the MA 100 become a support then the bullish trend will start. I hope that all short day and long day moving avarages become support in order to establish a uptrend. The consolidation and correction is now finished, it is now the time for us to see the continually increase of price of the bitcoin.

[davinchi]

The year started great, looking at bitcoin that is obvious but if you look at ethereum for example, the price in bitcoin terms dropped but in the last 7 days the dollar value of it went up from 130 dollars to 145 dollars which is awesome, same with litecoin that went from 42 dollars to 48 dollars, eos went from 2.6 to 2.9 dollar levels, bnb went from 13 to 16 dollar levels, most shocking monero started with 45 dollars to move 59 dollars, cardano specially started with 0,033 to 0,038.

So, basically if you don't look at bitcoin levels and focus on the fiat levels in 2020 there has been an increase in almost all coins in the past week, at least all the ones that people care about. If this trend continues until halving we may have that December 2017 peak time once again in all of crypto.

[Wexlike]

The year started great, looking at bitcoin that is obvious but if you look at ethereum for example, the price in bitcoin terms dropped but in the last 7 days the dollar value of it went up from 130 dollars to 145 dollars which is awesome, same with litecoin that went from 42 dollars to 48 dollars, eos went from 2.6 to 2.9 dollar levels, bnb went from 13 to 16 dollar levels, most shocking monero started with 45 dollars to move 59 dollars, cardano specially started with 0,033 to 0,038.

So, basically if you don't look at bitcoin levels and focus on the fiat levels in 2020 there has been an increase in almost all coins in the past week, at least all the ones that people care about. If this trend continues until halving we may have that December 2017 peak time once again in all of crypto.

They can rise as much as they want, as long bitcoin increases its crypto market share.

[thecodebear]

Overall trend for 2020 will be up. Bitcoin had a downward trend for second half of 2019 after an overabundance of buying after breaking out of the bottom of the 2018 bear market in the Spring. Early 2020 should be the end of that downward trend and see the price go back over $10k.  It'll bounce around a lot but the second half of the year will probably be mid to high teens. I'd expect the price to get close to $20k by end of the year as momentum continues to rise going into 2021 likely being another boom year in the mold of 2011, 2013, and 2017.

[Yamifoud]

Sideways may happen as usual but looking at how we start this year with the increase hash rates and a few pumps, it eventually ignites people to think that we gonna fly high this year. It (maybe) the most awaited moment for crypto will take place this year. Well, it hopes so but of course, we can't decline that we also experience downfalls as a part of market volatility.

Everything that happens in previous years will also be happening this year even though if the market will move high cause in the real scenario, we can't see a consistent uptrend motion but also some declines.

[cabron]

Base on the comments in the thread, it appears like most of us are very positive in the price movement of BTC after it hit $8k. The point that price goes up after halving is usually what will happen but this time is different since before the halving its already rising up. What I'm afraid is if after halving is that the price goes down. 

[Hypnosis00]

Base on the comments in the thread, it appears like most of us are very positive in the price movement of BTC after it hit $8k. The point that price goes up after halving is usually what will happen but this time is different since before the halving its already rising up. What I'm afraid is if after halving is that the price goes down. 

Indeed, we all are positive even before but the market isn't always in favor of us makes some people quite and be hopeless. But the market today shows some interesting movement that catches the attention of the community and to look positive.
The upcoming halving seems to have a huge impact and that is how we've seen it now.

What I'm afraid is if after halving is that the price goes down. 

Well, we can't be sure of that but what I've seen in the previous halving, the price continues to move higher after halving.

[hello_good_sir]

And we're still waiting for the end of Chinese New Year, which seems to be a bullish period for bitcoin on a yearly basis for whatever reason.

It is likely just due to psychological factors, and nothing tangible. But still, we do experience bull runs so the markets expect such a thing to occur, and it becomes a self fulfilling prophecy.

But yes, 2020 has been very bullish so far and even though I do expect corrections in the short term, the long run of this year is looking very healthy. With things like the halving coming up which are also quite bullish events in themselves, I wouldn't be surprised if we eclipsed 5 digits once again some time this year.

[goinmerry]

I see nothing will change for 2020, the bitcoin price, being bull or bear, will still depend on speculative thoughts and news.

Currently, we see a small pump (not really small) and one reason for it was the news impact of an ongoing conflict between IRAN and the USA. So in case that's not happened, I see we are still a around $7,500 as of this writing and there will be no "bull run" statement for now.

In my own thoughts, if there's no news that can impact much the price, we will rely on the usual run of demand and dump. With halving approaching, speculations about the growth will surely be raised but the question is, do people will really buy coins or will just rely on their current hold coins to gain value while hoping for the best on the result of halving?

[crossabdd]

like a 3 year cycle ... where bitcoin always gives a good pump end. price always makes a new high level. 2020 is the last middle to signal an increase. I think bitcoin will slowly rise with certainty. and will be pumped big by 2021. So the last chance to buy bitcoin is now. before reaching the highest level in the history of crypto currencies. 2020 is a good year. I hope all goes well.

[The Sceptical Chymist]

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.

If my grandmother had wheels, she'd be a bicycle.  If, if, if. 

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

Healthy?  No.  If bitcoin got above $20k before May, I think that would be too fast of a rise and it would not be sustainable.  It would probably crash just like it did in 2017, and I'm not anxious to see that happen again.  When bitcoin crashes, there are a lot of people who apparently get scared and lose faith in it, and I'm not sure that many of them would ever come back.  If bitcoin can maintain it's price around $8k, I'd be more than satisfied with that.  $10k would be golden, but I'm not hoping to see that level hit until at least the end of the year.

[barabarian1]

It does take a while before the price could actually take off, everyone considers halving as something that will increase the price of bitcoin but between July 2016 when the last halving happened to April of 2017 (10 months) nothing changed, price moved from 700's to 900's or so, that was the all increase there could be.

After that there was a bitcoin cash deal where if you hold bitcoin you would get free bitcoin cash as well which increased the price of bitcoin a lot and people assumed it might be due to halving maybe, after that there was the 2017 December peak of 20k. So, it took over a year to increase and over 1.5 years to increase to all time high. That is why I think 2021 will be more fun than 2020 if the similar stuff happens again.

I agree with you, maybe in 2020 bitcoin will not experience an upward trend even though bitcoin has been reduced by half. as you said bitcoin will take more than a year to get a bull run. but this is just a prediction nobody knows for sure the price of bitcoin in the future. we can only wait. this year bitcoin can experience a downward trend or an increase all depending on demand and supply.