The reasons why bitcoin may go 50% this year !

[sheenshane]

Halving really is one of the reasons why the Bitcoin Skyrocketed last 2017. It had a huge impact on the Bitcoin's price indeed. Because of that, I'm nearly convinced that this year might be the next and the biggest bull run in the history of Bitcoin. Because there is a high chance that it will goes up like what happened before. (the previous event of first and second halving)

As we can see, in the present the Bitcoin's price is very optimistic. Seeing greens each day gives me the chills I've ever waited. Let's just see what will happen soon. And let's ready our seat belts, as well! We might not be sure, but I know how powerful the word "hope" is. All are unpredictable in the crypto space.

[thecodebear]

Halving 2016: bitcoin went up >400% in 12 months
Halving 2012: bitcoin went up 13000% in 6 months

Yeah, and there were major crashes after each one of those bull runs.  Granted, bitcoin is waaay higher than it was back in 2012 and 2016, but if it starts going nuts like it did with those halvings it could end in disaster.  That's what worries me.

And as I write this, bitcoin is at $9675--that's pretty incredible.  I always wonder whether these quick gains can be sustained or not, so we'll see if this level sticks.  And I'd love it if bitcoin went to $20k again this year, but I just don't want it to get there that quickly.

Well yes of course there will continue to be major crashes, that is a given. Those will always occur after major run ups, which will also continue to occur. There is nothing to fear, its just part of the normal market cycle. You should absolutely expect a strong correction at some point this year on the way to $20k, but $20k is where the real meat of the bull market STARTS, not stops. That's just last market cycle's high, so don't be worried at all about a major crash at $20k. Just plan for a major crash at $60k or $80k or $100k or whatever in the next couple of years. $20k is a stepping stone at this point. I would say $20k will happen either late this year or early next year, and not too long after that the price will likely be several times $20k, that is when you should expect a major crash.

[serjent05]

I recorded a video with all the reasons why bitcoin may go 50% this year for sure : https://3speak.online/watch?v=clixmoney/pexambat

Those reasons are really powerful and I think that even more than 50% maybe possible this year already and maybe even after a few months.

I'm not an investment advisor, but I just shared my honest opinion.

Your opinion is not the only one actually people are expecting the price to another all time high maybe not this year, but it will eventually happen so far we are experiencing a bull run, we are already up 20% up,  if this continue the 50% is attainable it should be over 50%, 100% is more realistic.

Isn't a smaller percentage of increase more realistic than the larger one?  But who knows, we might not see a 50% increase in the current price of Bitcoin this year, if that happens then it is not realistic any more.  The smaller increment is better than the larger one when we talk about reality. 

Back to the prediction of OP, I believe it is quite conservative, playing on the safer side because we all know, at the current sentiment and situation of the Bitcoin market, this is highly attainable.

[el kaka22]

I understand that people think because the last ones created an increase, this one will create an increase as well but people are forgetting the fact that bitcoin is not some small thing like it used to be. In 2012 it was basically unknown and we were probably less than 10% of the number of users compared to today, in 2016 it was literally getting some attention and that resulted with us going to 20k eventually.

However in 2020, we are already known as much as we can, everyone has heard of it and people either like it or not, it is all decided, I doubt there is many people left who have never heard of bitcoin before. Plus going from 100 to 200 is not the same as going from 10k to 20k neither. So, I do think price ma go up but do not hope for it to be stupidly high like it used to do.

[vintages]

I understand that people think because the last ones created an increase, this one will create an increase as well but people are forgetting the fact that bitcoin is not some small thing like it used to be. In 2012 it was basically unknown and we were probably less than 10% of the number of users compared to today, in 2016 it was literally getting some attention and that resulted with us going to 20k eventually.

However in 2020, we are already known as much as we can, everyone has heard of it and people either like it or not, it is all decided, I doubt there is many people left who have never heard of bitcoin before. Plus going from 100 to 200 is not the same as going from 10k to 20k neither. So, I do think price ma go up but do not hope for it to be stupidly high like it used to do.

Same here, I couldn't agree more.
Everybody have been so hyped about this price increase forgetting that cryptocurrency market may not be that predictable.
I'm not trying to be negative about the upcoming halving, but I think Bitcoin investors should not be so relaxed about the upcoming price increase without been ready of the opposite. Let's hope for the best while been prepared for the worst to come.

[wxxyrqa]

I understand that people think because the last ones created an increase, this one will create an increase as well but people are forgetting the fact that bitcoin is not some small thing like it used to be. In 2012 it was basically unknown and we were probably less than 10% of the number of users compared to today, in 2016 it was literally getting some attention and that resulted with us going to 20k eventually.

However in 2020, we are already known as much as we can, everyone has heard of it and people either like it or not, it is all decided, I doubt there is many people left who have never heard of bitcoin before. Plus going from 100 to 200 is not the same as going from 10k to 20k neither. So, I do think price ma go up but do not hope for it to be stupidly high like it used to do.

Same here, I couldn't agree more.
Everybody have been so hyped about this price increase forgetting that cryptocurrency market may not be that predictable.
I'm not trying to be negative about the upcoming halving, but I think Bitcoin investors should not be so relaxed about the upcoming price increase without been ready of the opposite. Let's hope for the best while been prepared for the worst to come.

The fact is that today the price of Bitcoin can really increase due to the genuine interest of users in cryptocurrency and its relevance in society, compared to 2016 and 2017.  The fact is that in past years, cryptocurrency was popular only because of statements about the opportunities to earn fast big money.  But almost no one mentioned the real opportunities and big risks, and therefore many cryptocurrency users began to invest their money, and then lost their money.  This is exactly what has been happening on the cryptocurrency market so far.  To date, I think the situation has changed and cryptocurrency users have become smarter.

[criza]

Halving 2016: bitcoin went up >400% in 12 months
Halving 2012: bitcoin went up 13000% in 6 months

So it's easy to predict bitcoin will go up.

If this would be true, a lot of people or investors would store Bitcoin and will hold till the halving. Since, the idea about halving came up, people become more aware about the halving and have eagerly stored Bitcoin.

This could be true because, the present events indicated a continuous increase in the value of Bitcoin even, when the halving is still far, its price have already reached $9,800 that is a great increase when compared to last year's struggle in $8,000. Now, the price of Bitcoin still maintains the price above $9,700, I believe it could hit $10,000 in the coming weeks.

[KnightElite]

I understand that people think because the last ones created an increase, this one will create an increase as well but people are forgetting the fact that bitcoin is not some small thing like it used to be. In 2012 it was basically unknown and we were probably less than 10% of the number of users compared to today, in 2016 it was literally getting some attention and that resulted with us going to 20k eventually.

However in 2020, we are already known as much as we can, everyone has heard of it and people either like it or not, it is all decided, I doubt there is many people left who have never heard of bitcoin before. Plus going from 100 to 200 is not the same as going from 10k to 20k neither. So, I do think price ma go up but do not hope for it to be stupidly high like it used to do.

There are people who are now starting to accumulate bitcoin because of the halving, their expectation makes ignorant person because they expecting infeasible outcome. Bitcoin can grow 50% and more as long as the uptrend will not snap. Right now I have bitcoin in my portfolio, I buy bitcoin not because of halving; it is because the price recently breakout.

[andamarina]

50% up or what? i also think bitcoin will grow but not so much, maybe more after halving.

[judaspriest]

I understand that people think because the last ones created an increase, this one will create an increase as well but people are forgetting the fact that bitcoin is not some small thing like it used to be. In 2012 it was basically unknown and we were probably less than 10% of the number of users compared to today, in 2016 it was literally getting some attention and that resulted with us going to 20k eventually.

However in 2020, we are already known as much as we can, everyone has heard of it and people either like it or not, it is all decided, I doubt there is many people left who have never heard of bitcoin before. Plus going from 100 to 200 is not the same as going from 10k to 20k neither. So, I do think price ma go up but do not hope for it to be stupidly high like it used to do.

There are people who are now starting to accumulate bitcoin because of the halving, their expectation makes ignorant person because they expecting infeasible outcome. Bitcoin can grow 50% and more as long as the uptrend will not snap. Right now I have bitcoin in my portfolio, I buy bitcoin not because of halving; it is because the price recently breakout.

because of halving, the price of Bitcoin tends to be uptrend,
but we also have to a good strategy, you have to be have stop losin and don't get involved with FOMO, it's risky