Will bitcoin hit 15K in 2020?

[VanDeinsberg12]

I dont think 15k is a hard target for bitcoin because last year, when bitcoin in a bull run it almost reached 14k easily. This year, i believe bitcoin will break its ATH and maybe make a new unbelievable new ATH. But this only my opinion and not a investment suggestion. 

Personally, I don't believe that Bitcoin will be able to reach its ATH this year, but I do believe that in the coming years Bitcoin will grow above $20k.

Not for this year as bitcoin must surpass the 2019's ATH to be able to break the new ATH. It may not easy to happen caused by there will be so many resistance and a lot of uncertainties in the market will prevent bitcoin to make it happen for that needs a lot of work right now. It may happen in the next few years as the impact of the bitcoin halving is for long term.
When bitcoin gets halving on 2016 and the bullish trend was appearing a year after that and it may happen again in the future.

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[Kersh768]

I personally think that it can be possible for Bitcoin to reach such desirable price this year 2020 if you will be checking at the Bitcoin's current price state as of the moment which is playing between $7,500 up to $8,000 which is literally half way down there to that desirable price. It could be possible to happen if the price will continuously rise or increase as the days, weeks or months passes by. We are just into the first month of the year so we cannot further conclude if that price range will be or will not be possible to be achieved since there could be a lot of things and happenings to come that can be a contributing factor that will help Bitcoin to rise up its price or the other way around of being a hindrance to it for rising its price. The important thing we must focus for now is the present for it is where we reside right now and just wait to see what could possibly happen on the next days of this year. But hoping that only best things are soon to come which I bet we all desire.

[sniveling]

We are starting to see the welcome return of confidence to the market, but there is a big difference between just hitting a price, or hitting and sustaining it.
$15k is certainly possible for BTC this year, but I would imagine wed then see a drop back down again.

I don't think we'll just see a $15k price for Bitcoin, the market is likely to be at the bottom for a while and then start to grow very strongly.

[sana54210]

I dont think 15k is a hard target for bitcoin because last year, when bitcoin in a bull run it almost reached 14k easily. This year, i believe bitcoin will break its ATH and maybe make a new unbelievable new ATH. But this only my opinion and not a investment suggestion. 

It's barely having a hard time to reach $15,000 last year so I don't think there's a good chances that it will reach or even surpass the $14,000 highest price last year. But I strongly believe that everything is possible in cryptoverse due to its volatility there's a 50% chance it will touch the $15,000 this year.

In this matter, I am also confident with the potential of bitcoin that can reach the new ATH this year, even the opportunity is very large compared to last year. it's just that, I think that the price of bitcoin in 2019 is quite difficult to reach the price of $ 13k. it is proven by the price that is not so stable, and not so long to go down to prices under $ 7k again.

Actually we did expect bitcoins to reach the All Time High in the year 2019 but it did not happen as expected. 2020 year might bring some revolution in the price of bitcoin as we might soon see some growth but I do not believe that we will not see bitcoins going below $7000 now. But on contrary what I think is that bitcoins will first have a dump anytime before having a pump.

If we study graph carefully, any pump is always followed by a dump and according to my Technical Analysis(TA) I feel that bitcoins will first touch $6500 or even bottom to $6000 before making a pump and reaching to $10,000. Once bitcoins reach $10,000 I can make my further TA and find new targets to enter as well as exit.

[fabiorem]

We will be lucky if it do.

And if it happens, it will be after the halving.

[Shinpako09]

Still, as the market has finally recovered (I believe), it’s now time to see where things could be heading up to the end of the year.

Recovered? Not really but we have a slight improvement. We are still in first month, we still couldn't determine or have an insight on what way we are heading. We will have a hint months after halving. If halving this year has the same effect, I believe we will close this year at 5-digit price. So $15k is possible and achievable, if not this year we still have a chance next year since halving effect takes time. Let's hope this year is the year we've been waiting for.

[chip1994]

Still, as the market has finally recovered (I believe), it’s now time to see where things could be heading up to the end of the year.

$ 15k, $ 20k, $ 50k is the price of bitcoin that many speculators are expecting. because this Halving event really affects many, even billionaires like Elon Musk. Besides, the political problems between the US and Iran are increasing the demand for bitcoin. so we can expect a strong season of bitcoin and top alts in 2020. so now that our strategy is clear, we need to buy as much bitcoins and alts as possible, We will take back all the losses that 2018 we have lost.

[Hallmader]

Still, as the market has finally recovered (I believe), it’s now time to see where things could be heading up to the end of the year.

There is enough optimism that Bitcoin will hit $15,000 within the year. Halving has been anticipated and I guess it will seep in Bitcoin's price a few months after its implementation. That means it will still be well within this year. And, to be honest and positive about it, $15,000 is not that high a goal because we are already at $8,000 right now and there are still more than 11 months left.

[Hypnosis00]

Still, as the market has finally recovered (I believe), it’s now time to see where things could be heading up to the end of the year.

There is enough optimism that Bitcoin will hit $15,000 within the year. Halving has been anticipated and I guess it will seep in Bitcoin's price a few months after its implementation. That means it will still be well within this year. And, to be honest and positive about it, $15,000 is not that high a goal because we are already at $8,000 right now and there are still more than 11 months left.

Yeah, we are still far to an end this year and for that long, it surely we can encounter pumps and dumps. Thinking of $15k, $20k or more is still in the market prediction cause we couldn't get any assurance for this at this time. May I consider myself an optimistic person but as long as the market behaves like what we have now, it can't be sure that we soar high more than it shows during the last bullish.

[cotton ball]

Will available and have bigger chance for bitcoin hit $15,000 in 2020 because with bitcoin halving could give positive effect for bitcoin back with higher price, but always have way how to make bitcoin hit $15,000 in this year with get good solution way bitcoin as legal currency payment transaction and looking way how to make bitcoin keep success with higher price all time.

[Reid]

Yeah, it might.

Last time was 14k so I guess next will be 15k although we don't know when.
But I do believe that will happen.
I might not have the facts but I just want to base it in history of bitcoin.
I still remember how long it did take staying on that price. That just means something to me.
20k though might not happen yet at this year.

[thecodebear]

I'd pretty much guarantee $15k will happen this year. I think price will spend a at least a few months at and above $15k this year, towards the end of the year. That's less than a doubling in value from now, which shouldn't be too hard. I think this year will see a peak price of $18k-$20k.

[luckyflop]

In 2019 Bitcoin rose to $ 13700 when everyone analyzed and thought that the bitcoin price would quickly collapse. And this year people expect the price of bitcoin to rise above $ 15,000 and surpass ATH 2017 because of halving bitcoin. That's why I'm afraid that this year there won't be any very strong price increases, if it is possible, bitcoin will only be able to reach $ 10,000 and will drop thereafter.

[asus09]

In 2019 Bitcoin rose to $ 13700 when everyone analyzed and thought that the bitcoin price would quickly collapse. And this year people expect the price of bitcoin to rise above $ 15,000 and surpass ATH 2017 because of halving bitcoin. That's why I'm afraid that this year there won't be any very strong price increases, if it is possible, bitcoin will only be able to reach $ 10,000 and will drop thereafter.

I hope with bitcoin can hit more than $15,000 in this year can give bigger effect for altcoin price want goes to higher price together with bitcoin, I miss when altcoin season where XRP could raise above $5 and I very miss with moment ETH could go most higher price above $1,500, how ever altcoin price is on the hand's bitcoin if price of bitcoin looks down altcoin keep with lower price.

[The Sceptical Chymist]

The interesting thing for me about this latest mini-rally is that it was alts that started it.

You think?  I watch a few altcoins (because I own some of them) and they seemed to rise in tandem with bitcoin, which is what they usually do.  Having said that, I don't follow Ripple so I wasn't aware of its increase in price.  I'm not sure if altcoins led the way in the past couple of weeks, but to me it doesn't matter all that much anyway.

As far as whether bitcoin can it $15k this year, I think it certainly can--and that's also a reasonable price, too.  I would rather $15k be the high for the year than something outrageous like $25k or higher.  Bitcoin can go off on mega bull runs, but we all pay the price for that when it crashes and all the speculators get shaken out of the market.  $15k would represent basically a doubling in price, and that's good enough for me.

[ubercool]

By analyzing the chart and volumes, it looks like we're still in the bearish trend of the market and the resistance is to strong to break with this much volume. Bitcoin still need more time in accumulation and if it gets that, only then we may get in to the resistance is 9k - 10k. As halving is near, it may happen soon.

[thecodebear]

The interesting thing for me about this latest mini-rally is that it was alts that started it.

You think?  I watch a few altcoins (because I own some of them) and they seemed to rise in tandem with bitcoin, which is what they usually do.  Having said that, I don't follow Ripple so I wasn't aware of its increase in price.  I'm not sure if altcoins led the way in the past couple of weeks, but to me it doesn't matter all that much anyway.

As far as whether bitcoin can it $15k this year, I think it certainly can--and that's also a reasonable price, too.  I would rather $15k be the high for the year than something outrageous like $25k or higher.  Bitcoin can go off on mega bull runs, but we all pay the price for that when it crashes and all the speculators get shaken out of the market.  $15k would represent basically a doubling in price, and that's good enough for me.

Bitcoin I'm sure will indeed go on another mega bull run in the near future, but that's probably not gonna happen the year of the halving. Surely sometime in 2021 or maybe even as late as 2022 we should absolutely expect a mega bull run followed by a huge crash. Market dynamics aren't gonna just change like that. Human psychology is what drives bull runs and crashes, and that ain't changing.

But yeah this year should be gradual upwards, doubling or tripling price the low 7000s price it started the year at sounds about right.

[suzanne5223]

The interesting thing for me about this latest mini-rally is that it was alts that started it.

You think?  I watch a few altcoins (because I own some of them) and they seemed to rise in tandem with bitcoin, which is what they usually do.  Having said that, I don't follow Ripple so I wasn't aware of its increase in price.  I'm not sure if altcoins led the way in the past couple of weeks, but to me it doesn't matter all that much anyway.

As far as whether bitcoin can it $15k this year, I think it certainly can--and that's also a reasonable price, too.  I would rather $15k be the high for the year than something outrageous like $25k or higher.  Bitcoin can go off on mega bull runs, but we all pay the price for that when it crashes and all the speculators get shaken out of the market.  $15k would represent basically a doubling in price, and that's good enough for me.

Bitcoin I'm sure will indeed go on another mega bull run in the near future, but that's probably not gonna happen the year of the halving. Surely sometime in 2021 or maybe even as late as 2022 we should absolutely expect a mega bull run followed by a huge crash. Market dynamics aren't gonna just change like that. Human psychology is what drives bull runs and crashes, and that ain't changing.

But yeah this year should be gradual upwards, doubling or tripling price the low 7000s price it started the year at sounds about right.

Human behaviour are what determine the market but with the previous historical data record of bitcoin halving theres high chance for the bitcoin market to clinched the price range mentioned by the OP but the mega bull run experience it what i believed will happen next year.

[Barbarian]

We are starting to see the welcome return of confidence to the market, but there is a big difference between just hitting a price, or hitting and sustaining it.
$15k is certainly possible for BTC this year, but I would imagine wed then see a drop back down again.

This is something that I do not really want to see, we already saw bitcoin last year reaching a price close to that level and then crashing all the way to 6500, and I do not want to see that again, maybe if you are a speculator that is something that you may want but if you are someone that actually wants bitcoin to become successful and be adopted all over the world then we need that bitcoin is able to sustain a price for a long time otherwise it makes no sense to use it as a currency.

[KnightElite]

I do not speculate so I do not expect too much. Bitcoin will not easily achieve $15000 per each. We should be aware that in a uptrend there is no such a coin that increase straight, there are always pullbacks that happening. Let's just monitor the price action and our decisions should be based on it. If the price is continue to grow, the bull market will come and price will start increasing.