Tom Lee 2020 Bitcoin to 30k

[roemalsk]

CEO of Celsius Network, another crypto asset startup predicted that the crypto will be around $30,000 by the end of 2020. He also regarded that people underestimate the effect of the approaching halving event. Reportedly, his prediction falls in line with other predictions that the helving event could shoot BTC price upwards.

Also, it has been predicted that BTC could be around $16,000 by June 2020 after the halving event as this would align with Mashinsky’s price prediction of $30,000 by year-end.

Source : https://paperblockchain.com/tom-lee-2020-bitcoin-price-prediction/

[$crypto$]

If that really happens then I'm happy to see bitcoin reach the highest price at least close to ATH, but can the prediction be more accurate? because you haven't been able to prove whether bitcoin will go well in the future ??
Yes of course by approaching halving many think bitcoin will be more translucent to high prices, the core is we are ready to hold bitcoin in the future.

[The Sceptical Chymist]

Also, it has been predicted that BTC could be around $16,000 by June 2020 after the halving event

That would be healthy as far as I'm concerned, but $30k in 2020 might not be--and believe me, I'd love to see bitcoin hit that price, but if it does hit it too soon we could be looking at an epic crash.  But who knows, I could be thinking about it all wrong and bitcoin might be able to sustain that price. 

I'm wary of listening to a prediction made by a crypto startup, however.  They may or may not be correct about the effect the halving is going to have, but they're obviously biased in favor of a bullish prediction.  One thing is for sure, it'll be very interesting to see what really happens when the halving occurs and where bitcoin ends up at mid-year.  I do have a feeling it'll be higher than it is right now, but I'm not sure it'll get to $16k.

[wheelz1200]

Also, it has been predicted that BTC could be around $16,000 by June 2020 after the halving event

That would be healthy as far as I'm concerned, but $30k in 2020 might not be--and believe me, I'd love to see bitcoin hit that price, but if it does hit it too soon we could be looking at an epic crash.  But who knows, I could be thinking about it all wrong and bitcoin might be able to sustain that price. 

I'm wary of listening to a prediction made by a crypto startup, however.  They may or may not be correct about the effect the halving is going to have, but they're obviously biased in favor of a bullish prediction.  One thing is for sure, it'll be very interesting to see what really happens when the halving occurs and where bitcoin ends up at mid-year.  I do have a feeling it'll be higher than it is right now, but I'm not sure it'll get to $16k.

I agree, parabolic upticks only creates huge bank runs down when it does dip.  Most people are in the green when we shoot up that quick so when profit taking starts everyone jumps in.  Slow movements creates stability in the amount of buys and sells.  An epic crash on a bi yearly basis is not healthy and can ultimately lead to a false ceiling

[aioc]

CEO of Celsius Network, another crypto asset startup predicted that the crypto will be around $30,000 by the end of 2020. He also regarded that people underestimate the effect of the approaching halving event. Reportedly, his prediction falls in line with other predictions that the helving event could shoot BTC price upwards.

Also, it has been predicted that BTC could be around $16,000 by June 2020 after the halving event as this would align with Mashinsky’s price prediction of $30,000 by year-end.

Source : https://paperblockchain.com/tom-lee-2020-bitcoin-price-prediction/

I can accept prediction that will predict Bitcoin to shoot up to the moon, even if the predictions are not realistic because of the very high prediction or coming from newbies or experts this is the time where people comes up with their own analysis and predictions because they know that many people are looking for positive things that will convince them to invest more.

[criza]

There is really a great chance for Bitcoin to pump severely because, the halving would in fact, reduce the supply of Bitcoin that would generally lead to higher demand from the Bitcoin users. $30, 000 is a huge value but, the possibility that the value of Bitcoin would shoot up more than that is great because everyone would try to hold and wait for the big pump to sell their Bitcoin.

[Reid]

I'd rather believe this shy type of a prediction rather than $100k. 

Most of them are going upwards but let us also be real at what is in front of us.
Ethereum also has an upcoming event which is already pulling a lot of buyers.
That just means the invested money is being divided. They might stay with the bitcoin which they already have and not add more.
But, they will always try the cheaper coin. I won't go XRP of course, I also would rather pick Ethereum.

[alani123]

Why would the price forecast from a CEO of a company in the crypto space be worth anything? He'd be very biased...

Many people say that the halvening is going to affect the price positively but it's just speculation and it's already likely that it was priced in before too! I just think that such predictions aren't to be taken seriously anyway, but coming from someone as biased I think it's just to get the word of their firm out.

[Wexnident]

Why even take note of the prediction? Just so it could align with Mashinsky's? I see no need tbh. and honestly, a $30k year-end seems way too farfetched. I mean, who wouldn't be glad to see an ending like that? But honestly, a 100% increase from the start of last year? Even with the halving, I doubt it could happen. Especially with the hodlers watching the market, preparing to exit at a suitable time where they'd most likely profit, all the while not letting their greed take over them.

A crash would probably happen by the $20k mark, making the $30k vision seem far away. Ngl, human greed is spread out and all, but I really think most would exit the market by $20k and start hoarding once a good period for accumulation comes in again.

[cabron]

$30K seem conservative speculation and very possible to happen than $100K.
Its always going to be worth waiting than selling the coins you have right now. This is why the only BTC I have is kept in my personal wallet and not on exchanges this time. $30K is more than enough for altcoins to also rise above to its current price.

[BlackFor3st]

CEO of Celsius Network, another crypto asset startup predicted that the crypto will be around $30,000 by the end of 2020. He also regarded that people underestimate the effect of the approaching halving event. Reportedly, his prediction falls in line with other predictions that the helving event could shoot BTC price upwards.

Also, it has been predicted that BTC could be around $16,000 by June 2020 after the halving event as this would align with Mashinsky’s price prediction of $30,000 by year-end.

Source : https://paperblockchain.com/tom-lee-2020-bitcoin-price-prediction/

This is prediction will likely be the closest one to this year 2020, halving will surely create more hype and once the market will not shrink after the halving then bull will surely to occur.

The prices will continue to increase and bitcoin price will likely to hit new ATH record this year, so 30-35k usd is the closest price of bitcoin by the end of this year. Unlike other predictions that are too much, they are promising a very difficult price for bitcoin like 60k and up before this year will end.

[TheAndy500]

I do not know why, but whenever I hear only positive predictions from each side, I have a very strong impression that the price will start to drop significantly. Of course, I would not like this to happen, and probably will happen what investors want, but in this case it seems to me that it is too early for price increases. I also think that $30k level is achievable in this year, but in my opinion the price will not start rising until August or September. By the time of halving, there may still be a big drop in price.

[Smitty Werben Man Jensen]

at a time like this the price of Bitcoin is easy to manipulate, especially with statements from famous experts and artists, Tom Lee said that Bitcoin could go to $ 30000 this year, yeah it would be interesting, but on the other hand, Warren Buffer said that Bitcoin would return to zero, What is your opinion? and the result is that the price of Bitcoin has fallen back to as low as $ 9500 today

[fortunecrypto]

CEO of Celsius Network, another crypto asset startup predicted that the crypto will be around $30,000 by the end of 2020. He also regarded that people underestimate the effect of the approaching halving event. Reportedly, his prediction falls in line with other predictions that the helving event could shoot BTC price upwards.

Also, it has been predicted that BTC could be around $16,000 by June 2020 after the halving event as this would align with Mashinsky’s price prediction of $30,000 by year-end.

Source : https://paperblockchain.com/tom-lee-2020-bitcoin-price-prediction/

This could be true but the price that we are talking about is all time high so understandable that all experts and would be experts are all about talking price within $20 k up, honestly I'm comfortable and will be very happy if the price will just hit another all time high and it will be a big bonus if it hit higher than $30k.

[Japinat]

Nice prediction, I agree with that as long as the market will be bullish, this coming halving is really big and I believe bitcoin will have it's new high this year and $30,000 is quite realistic, I am a fan of this guy, he is always bullish on bitcoin but gives realistic prediction unlike John McAfee.

[Ridwan Fauzi]

I hope that will be happen even I'm expecting that the price will be more $30.000.

But we have reality, such as now when bitcoin price was increasing day by day and there are a lot of people guessed that the bull run has came but bitcoin price is falling again.

I think many people there have regreted ans they will be more careful to hold their bitcoin. They will sell bitcoin when the decrease price comes and they only have a little confident to hold it for long term.

[mahilchii]

Not only Tom Lee most of the analysts are predicting a massive pump in BTC but to see that in reality we have to wait for few more days, there are lots of positive notes as halving could be a turning point because the demand will automatically increase and we can expect a big change in the market. I would be so happy to see the price like 30k by the end of this year.

[Febo]

Tom Lee 2020 Bitcoin to 30k

I somehow speculate that we will not see a $30000 Bitcoin this year. But I also speculate that once Bitcoin price reach $30000 it will go much higher fast. So this predictions are very away from my predictions.

[gweedo]

We should only reference such predictions. Because no exact prediction is made, the bitcoin price is manipulated by whales and it can go up to 100k $ or down to 1k $ anytime. So we don't need to waste time predicting it

[Baoo]

Are we should believe this startup prediction?
I don't think so,  but if it happens for real, then we are going to be happy because we have been waiting a lot for that moment, in the past years , we were faced to many disappointments but despite all of these issues we are still trusting Bitcoin.
In addition to that, fortuntaly the halving  event is close to happen just few months left after that it is certain that Bitcoin's price will pump significtaly.