Tom Lee 2020 Bitcoin to 30k

[FanEagle]

This dude keeps saying higher and higher prices and for some reason people still make news about it. I mean do we really need to get one more article about tom lee? Should he be asked what he thinks bitcoin will do once more? Whenever you are in doubt what tom lee things (which nobody ever wonders) you can just 3x or even 5x the current price and that is exactly what he thinks bitcoin price will be like.

When the price was around $3k to $5k he was asked and he said $15k, now he is saying $30k, I swear to god if we ever reach to $20k price once again and he was asked what the price will be in the future, he will give a $60k to $100k answer to that as well. Dude is constantly bullish on bitcoin and always gives a 3x to 5x answer to the future of bitcoin prediction questions.

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[kentrolla]

Anyone can make prediction but there is no one in this forum to give a genuine prediction because of its volatility, either BTC can pump or it may dump.

As the BTC halving event is all set to come most of them are coming with new predictions, Tom Lee has told that BTC can deliver 100% transfer to its investors this year where he believes BTC might reach all time high by the end of the 2020 guys let's wait and watch like how it works.

[btc_angela]

We should understand where these guys are coming from. They all have vested interested on crypto that's why they make exorbitant predictions. Of course, we wanted the price to see on a higher levels this 2020. But I wouldn't put too much emphasis on predictions coming from those people who are simply trying to shill because they benefit more when the price goes to the moon again.

[batang_bitcoin]

$16,000 by June this year might not be reached. The market will go in a slow-motion and would find its place first before going to a complete bull run. It has to break $10k for several weeks up to months then we can finally be confident that it'll go that way.
I'd rather wait before predicting again or naming price just like what they did during the bearish market. And that made them quiet for awhile because it didn't go accordingly.

[TheAndy500]

$16,000 by June this year might not be reached. The market will go in a slow-motion and would find its place first before going to a complete bull run. It has to break $10k for several weeks up to months then we can finally be confident that it'll go that way.
I'd rather wait before predicting again or naming price just like what they did during the bearish market. And that made them quiet for awhile because it didn't go accordingly.

I also think the price is still too volatile to talk about the beginnings of increases. The period before halving event will be very turbulent and in my opinion whales will still try to lower the price. What we see in recent days confirms that declines are more likely over the next few weeks rather than increases. Let's wait for halving and then we can say something more. It is now too early for predictions.

[bhabygrim]

The market is starting to decline and I think if we would have a bounce back it would be slow and wouldn't be that high.
But the prediction is for the whole 2020 and we are still on the first quarter so I hope that he would be right about Bitcoin reaching $30K,
And if not I hope it reach even the half of it $15K wouldn't be so bad after all.

[Reatim]

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.

actually it is not that huge compared to what Bitcoin climb last halving right?when bitcoin reached $20k in 2017 that is much higher than expecting a $30k this year.and i think it is worth the wait of all from 2018 and 2019 dumps.
and also yeah the demand will be great in halving time so the more we hold is the more the demand will grow High.but like what happens each time expectation brings failure so maybe it is good to just wait and see what happens next.

[el kaka22]

All of this withdraw to lower levels gives me even more hope that Tom Lee could be actually right this time around. People are forgetting that when bitcoin goes down it goes down HARD and very swiftly, when it does moves like this I know that it is getting ready for an increase.

There is mathematically no way that bitcoin could stay at these prices for a long term because it would hurt the miners most and we are talking about people who are capable of mining and selling around 1000 bitcoins (and maybe some altcoins as well) so they do have a power and a say in this and as long as they actually support the bull side, we are not going to see these prices for too long. It means we are around these prices maybe for another 6 months or so but eventually it will have to get higher.

[Free1bitco.in]

good predictions and I'm quite interested that after halving, precisely this June, the price of bitcoin can get to the level of $ 16,000. however, I want to trust his predictions, because that is a crazy price. even I predict at the end of this year, the price of bitcoin will not reach the price of $ 20,000.
Well, I think, if the prediction is correct, the price of bitcoin should have started to rise to more than $ 11,000- $ 12,000 by the end of March-April. looking at the current price of bitcoin, I think reaching $ 16,000 in June will be quite difficult, it looks like a 2x fold increase in a few months.

[Wysi]

The market is starting to decline and I think if we would have a bounce back it would be slow and wouldn't be that high.
But the prediction is for the whole 2020 and we are still on the first quarter so I hope that he would be right about Bitcoin reaching $30K,
And if not I hope it reach even the half of it $15K wouldn't be so bad after all.

There is a lot of possibilities this year as we have just been through an unexpected pump when we were expecting the market to go through further dumps and if we look at it from a broader poin of view this is just a normal fluctuation which was expected to take place before the Bitcoin halving and I am sure Bitcoin will bounce back and yes there are possibilities that it might reach it's ATH this year.

[batang_bitcoin]

$16,000 by June this year might not be reached. The market will go in a slow-motion and would find its place first before going to a complete bull run. It has to break $10k for several weeks up to months then we can finally be confident that it'll go that way.
I'd rather wait before predicting again or naming price just like what they did during the bearish market. And that made them quiet for awhile because it didn't go accordingly.

I also think the price is still too volatile to talk about the beginnings of increases. The period before halving event will be very turbulent and in my opinion whales will still try to lower the price. What we see in recent days confirms that declines are more likely over the next few weeks rather than increases. Let's wait for halving and then we can say something more. It is now too early for predictions.

And the lowering of price actually happened already and we've touched to $8800 level again. There is probably more to come but we don't have control to it. This is a squeeze for everybody and I say that don't be too emotional with such movements and know more about your position.
These predictions might help for you to get encouragement but don't be too dependent to them.

[Slow death]

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.

we have to work with facts, here is the current price: $8800, the price dropped from $9200 to $8500. The price failed to stay above $10500 and all attempts to reach $10500 resulted in a big price drop. If couldn't break $ 10500, how can you dream of $30,000?

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

I believe that he must be sorry to have made this prediction, the problem of people in the crypto world is dominated by emotions. As the price increased so much that it reached $10,000, they think that it would continue, they never put the possibility that this would be the limit


about what Tom Lee said in the article I disagree with him, with the coronavirus the bitcoin price will fall instead of increasing. just think: if a person is sick, why the hell would they buy bitcoin? furthermore, if governments quarantine, how the hell are people going to buy bitcoin if they are quarantined?

[KTChampions]

Interestingly, if we take the history of these “forecasters” who are only expressing their opinion, will the accuracy of their forecasts be very different from the “forecasts” that can be obtained from tossing a coin? I have a feeling that many would even lose to coin 
It is more interesting to observe the opinions of companies/people who make financial decisions based on their opinions. But even they do not know the future and may be wrong.

[Dart18]

I think I will follow this guy from now on.
Why not? The numbers are quite better than $200k or $1M.
Better than that antivirus guy who would suck his dick and then take back what he said.

2021. I think that is the year where everything will change. A great shock will happen to all the crypto enthusiast out there, be it analyst or not.
This year is just the introduction. It may go upwards but not to the extent that it will be like 2017 again.

[posi]

I think I will follow this guy from now on.
Why not? The numbers are quite better than $200k or $1M.
Better than that antivirus guy who would suck his dick and then take back what he said.

2021. I think that is the year where everything will change. A great shock will happen to all the crypto enthusiast out there, be it analyst or not.
This year is just the introduction. It may go upwards but not to the extent that it will be like 2017 again.

The new ATH price predicted by Tom Lee is still fair than others but bitcoin new ATH price will outperform his prediction for this year. With that been said, only crypto newbies will believe or care about Mcafee's price prediction and i dont think he care about what people say about him because he totally doing it to get more attention.

[ice098]

I think I will follow this guy from now on.
Why not? The numbers are quite better than $200k or $1M.
Better than that antivirus guy who would suck his dick and then take back what he said.

2021. I think that is the year where everything will change. A great shock will happen to all the crypto enthusiast out there, be it analyst or not.
This year is just the introduction. It may go upwards but not to the extent that it will be like 2017 again.

I just wished that we will surpass $10k breakdown and beyond that price range I would be feeling surprise if more than that value would be achieved further. Whether it may go upward, it's very rewarding for all of us because it could attract several projects to become active on their respective communities. This is possible to obtain a great demand as well as increasing price trend along the entire 2020.

[pixie85]

I'm not a very superstitious person bt i feel like every time Tom Lee makes one of his super bullish predictions Bitcoin really shows him the middle finger and goes down.

There are good analysts who predict big moves and are right 60% of the time and there are bad analysts who can never hit their targets but Tom is on another level. When he says 20k Bitcoin goes to 5. That's how accurate he is.

[carlisle1]

well that is not even harder to happen because we have a good start this year with a  growth 505 in just below 2 months this year?that is a good indication that we are heading Great this 2020 halving year.

and now the correction is happening meaning soon next month we are expecting more hype and $30k?a peanut because last halving we made more than 100% of the price before halving effect then what about this year?
so yeah in this i am with Tom Lee,we are going to Hit or passed that amount.

[danherbias07]

Too optimistic IMO.

People will assume something again when this happens. Just like how it is December 2017 when all predictions suddenly was way upward until 1 million dollars.
20k might even be hard to reach this year.
A big sell might happen after the halving, those who are pumping the price of bitcoin now will take their profit.
Short term investors that is not real supporters of bitcoin but just for cash.

[pooya87]

I think I will follow this guy from now on.
Why not? The numbers are quite better than $200k or $1M.
Better than that antivirus guy who would suck his dick and then take back what he said.

his predictions (or better said random guesses) are equally crappy as all those others guessing ridiculously high prices in very short time frames and is just as crappy as those who predict unreasonable drops out of nowhere.
the fact is that most of the times bitcoin price is moving with a much reasonable pace and only has wild jumps near the end of its big bubbles.