Where will Bitcoin cost this year?

[aliijaz12560]

Last year, the price of bitcoin had dropped drastically. If the price of Bitcoin rises to 20,000 by the end of this year, the price of Altcoin will rise as well. In countries where crypto currencies are banned, the price of bitcoin may still be very high if the currency goes down this year.

[1714144898]

1714144898

[Oilacris]

Last year, the price of bitcoin had dropped drastically. If the price of Bitcoin rises to 20,000 by the end of this year, the price of Altcoin will rise as well. In countries where crypto currencies are banned, the price of bitcoin may still be very high if the currency goes down this year.

I cant make any comments when it comes about being banned in other countries yet it wont be a valid reason for it to affect its price as a whole.
Regarding on the question on what would be the cost of BTC before this year ends?

No on actually knows yet this market had been very unpredictable since from the beginning.Some analysis do even give out 6 digits price of this year knowing that halving even is approaching but it isnt still an assurance for the market to react with that.

[Sterbens]

If in such a market movement then I am sure this will redeem the price of 20,000 and altcoin will also follow suit and be worth it again like in 2017.
I don't know which country bans bitcoin but many countries are friendly with bitcoin because countries will adopt blockchain technology in their economies.
I'm sure the price of bitcoin will be high this year at least 15,000.

[rijaljun]

Last year, the price of bitcoin had dropped drastically. If the price of Bitcoin rises to 20,000 by the end of this year, the price of Altcoin will rise as well. In countries where crypto currencies are banned, the price of bitcoin may still be very high if the currency goes down this year.

Banned or not banned, the price of Bitcoin will remain the same (not affected) cause it doesn't depend on specific country. Well, honestly $20K is a very high price for this year and I don't think Bitcoin will reach that price by the end of this year, but surely higher than current price.

[exstasie]

Last year, the price of bitcoin had dropped drastically.

2019 open: $3,700
2019 close: $7,200

Not too bad of a drop....

Despite the different price structures, I think Q1-Q2 2016 is a good parallel for where the market is today. I'm optimistic for bulls in 2020. I think a test of the 2017 ATH is in the cards by the end of the year.

If the price of Bitcoin rises to 20,000 by the end of this year, the price of Altcoin will rise as well.

Yes, after a bloody couple years I think altcoins are going to have a major resurgence. XMR showed massive strength recently, ~36% gains in the past few days. It's definitely one to watch as we approach the next alt season. I'm also watching Cosmos (ATOM) which performed incredibly well during the last few months of BTC bear market.

[sunsilk]

Last year, the price of bitcoin had dropped drastically.

No it didn't. You are only looking to the middle months of the year but never considered how much the gain was for 2019. In reality, that was an amazing run and year for me. As extasie has pointed, bitcoin doubled by the end of the year although we've reached $13,000+ and that was a good year, right?

If the price of Bitcoin rises to 20,000 by the end of this year, the price of Altcoin will rise as well. In countries where crypto currencies are banned, the price of bitcoin may still be very high if the currency goes down this year.

We're seeing the pattern again right now. If bitcoin rises again, the alts will come together as we can see to the market again. I think about the restriction of cryptos in a country doesn't really affect the prices except the case from Iran.

[Furious 7]

I don't know which country is banning it, but with the increase at the beginning of this month it has proven to be slowly increasing for bitcoin, the price of 20000 could have been reached after seeing moves like this and altcoin might also be able to rise to a better level.
Maybe this year can reach $ 20k at the end of the year or even more if there is a lot of demand from new investors.

[darkangel11]

I expect the price to at least touch 10k this year. We can get rejected again and fall down looking for a bottom, maybe in the 7 thousands, but the positive news of the halving and increasing mining power and google searches will for sure make some money enter the space in the coming months.
My prediction is that we won't reach a new ATH this year, but will be trading at higher price range than in the autumn/winter 2019. Probably the majority of trading will be done between 8 k and 11k USD.

[panganib999]

There's a possibility of altcoin joining the bullrun of BTC, but it's kinda small since most of the traders would have their eyes on BTC, since if a bullrun ever occurs, BTC would be the one giving out the most profit out of it. Also, even if currency goes down, that doesn't necessarily mean that BTC would go up. Countries that banned crypto would require traders to go to a foreign country and convert their fiat to the country they went to, basically using the fiat of the said country to trade.

Also, a $3k start and a $7k end, where was the drop exactly? I mean, yes, ATH last year was around $13k, but considering the entire year, it's still a price increase tbh. I see no reason to describe it as "Drastically dropped".

[arwin100]

I expect the price to at least touch 10k this year. We can get rejected again and fall down looking for a bottom, maybe in the 7 thousands, but the positive news of the halving and increasing mining power and google searches will for sure make some money enter the space in the coming months.
My prediction is that we won't reach a new ATH this year, but will be trading at higher price range than in the autumn/winter 2019. Probably the majority of trading will be done between 8 k and 11k USD.

Price is almost is almost reaching on that figure and as of now we hit the $8.5k mark so anytime of this month or in following months provably we can see even more and maybe we can see for this year that the price would come to $15k since provably in next year we can provably see the real effect of the halving.

[piebeyb]

$ 20k sounds cheap for the current price of bitcoin, of course it will be very easy to travel the price of $ 20k this year, but I can't guarantee that all altcoins will follow the rise of bitcoin even though it dominates the crypto market, it looks like there will be lots of cryptos going bankrupt and altcoin is closed due to losing investors and their traders this year, bitcoin dominance will be higher than before, there will still be an increase in the next few weeks, don't want to talk too much about bitcoin prices let alone fiat currencies  

[Wysi]

Already the market has started showing the signs of improvements as most of the altcoins as well as bitcoin's value have increased and I feel we are up for $20000 this year if the value if bitcoin touches $10000 within this month as crypto I feel like I am back in October 2017 when the last bull run started. Let's see where this will lead us. But this time we must refrain from investing when the value reached the peak.

[Dart18]

Last year, the price of bitcoin had dropped drastically. If the price of Bitcoin rises to 20,000 by the end of this year, the price of Altcoin will rise as well. In countries where crypto currencies are banned, the price of bitcoin may still be very high if the currency goes down this year.

There is a chance that it may not.
USDT. That is the wall that separates bitcoin and altcoin by now.

Instead of people selling bitcoin (let us say $20k) in exchange for an altcoin it will be USDT on the go. 
It sounds really bad but that is how crypto market is now. It ain't like before that it will boost the market of one altcoin into where bitcoin was sold.
They are a stand alone coin and not being dragged by each other anymore. Sorry for that.

[Wexnident]

Did the price decrease drastically? We ended the year with twice of what we had at the start of the year. I don't know why you measure it with mid-year end-year if you're gonna point it out as "last year" if you're just gonna describe the mid-end year. Also, I doubt Altcoin would increase with BTC increase, but there have been news that the altcoin has bottomed out recently, and there may be a possibility that it's going to pump before BTC pumps, with how BTC takes literally everything else from traders and altcoins are just in the side after all.

[$crypto$]

I see a few days bitcoin has increased quite a bit and it will slowly grow to follow current market trends, even as I know bitcoin had touched $ 8300 it means that bitcoin will immediately redeem the price that has been wanted from the holder or investor.
I also believe that bullrun will continue to come in years so there are many polemics about market trends that are still being debated, but I'm happy to see bitcoin going up, but altcoin hasn't revealed an overall increase.

[marcous]

Basically since the presence of Bitcoin until now there are still many pros and cons and even forbid the existence of cryptocurrency trading activities in several countries. But until now also Bitcoin still exists and the price is still fluctuating so it cannot be determined at what price Bitcoin in the future.

[hugeblack]

I do not think that the reason for the rise of Bitcoin prices in some banned countries is related to the cryptocurrency effect, but because of the fluctuation of the value of the local currency or the existence of two exchange rates, as many of these countries are exposed to economic crises.
Many people expect an increase for one reason, which is a decrease in the quantity supplied, but this quantity will not increase the price unless the demand increases.

[owengtam09]

Last year, the price of bitcoin had dropped drastically. If the price of Bitcoin rises to 20,000 by the end of this year, the price of Altcoin will rise as well. In countries where crypto currencies are banned, the price of bitcoin may still be very high if the currency goes down this year.

I still don't want to expect that bitcoin will reach $20k again this year but if that happens then I will sell all my bitcoin, and I think this is a good time to buy if you are expecting that much this year. Buying bitcoin to invest today will be a great investment you can have this year if you think that bitcoin will reach that much again.

[Hamphser]

Basically since the presence of Bitcoin until now there are still many pros and cons and even forbid the existence of cryptocurrency trading activities in several countries. But until now also Bitcoin still exists and the price is still fluctuating so it cannot be determined at what price Bitcoin in the future.

It is normal that bitcoin will continue to fluctuate because we do have a lot of traders and investors. But if what people are expecting is the bitcoin halving effect then they have to wait and extend their patience so that they will taste the bull run price.

[vintages]

Last year, the price of bitcoin had dropped drastically. If the price of Bitcoin rises to 20,000 by the end of this year, the price of Altcoin will rise as well. In countries where crypto currencies are banned, the price of bitcoin may still be very high if the currency goes down this year.

There is no certainty that the price of Altcoin will increase if Bitcoin price increases this year. However, what might drag the price of Altcoin to increase is if the coins are purchased more.
Moreover, we ain't even sure if the price of Bitcoin will reach 20k this year, but it's good to be positive though.