Can bitcoin Cross $20,000 By the end of 2020?

[minairia3]

End of 2020 is still far but we are at 10k level already well it got back to 9.8k level now and seems corrections are being applied there's a huge gap between market orders and I can see it still going to go down until 9.2k to 9.5k. Anyway we are just on the second month of this year I know it can reached 20k before this year ends plus lots of event are anticipated to be reason of potential surge of price especially the halving of btc which can boost its price more.

[Yamifoud]

We'd like to see bitcoin's price reach to $20k within this year but if we could notice how the market moves, it actually been hard to reach for that amount. If we could recall last 2017, there is an amazing trend but the price never touches to that certain highs $20k. Well, this year could be some sort of excitement and full thrill but I'd never think or even very optimistic that we are able to touch $20k.

[olumyd]

Can bitcoin Cross $20,000 by the end of 2020?
Now it is approx $10,000

Approx. yes, it may reach $20,000 if only we can maintain the trend. But if we dump more, just as we saw today from 10k+ to 9.8K... it might be hard to really reach 20k. And we may have been trapped in a bull run already. I'm guessing staying 50% USDT should be considered a safe bet at the moment.

[el kaka22]

Depends on what the public react to the halving. I can't exactly pin point what will happen but the year 2019 ended a bit bad where the price went down and down whereas now it is getting bigger again, not in a skyrocket motion but slowly going up which usually means there are people who are buying more bitcoins every single day compared to people who sell bitcoins, that is usually the accumulation phase of something and it scares me. Why does it scare me?

Because, if people are accumulating right now, when will they sell for profit? Will it be right after halving? Will be way after halving? When will they sell? Will they even sell or just a good investment for them? As long as we do not learn the answers to these questions, we will not make any sort of resolution for it neither.

[mahilchii]

According to the current market conditions it looks like it may go again to moon as halving is the big thing which has setup in May, I personally feel like BTC will skyrocket again. Because it's already proving the year's best investment as we are in the first quarter right now. But still anything can happen in crypto currency due to its high volatility.

[tomahawk9]

Approx. yes, it may reach $20,000 if only we can maintain the trend. But if we dump more, just as we saw today from 10k+ to 9.8K... it might be hard to really reach 20k.

A $400 drop in the price in a single day isn't exactly a good indication of what's to come in the upcoming weeks or months. In fact, such a small pullback could mean that we're bulding a strong floor before testing 10k and above very soon, so if there's a bigger dump, then there'll be some support around the current prices (9850 at the time of writing).

Also, these sort of price changes are still within the range of what many consider normal fluctuations in the cryptosphere. All in all, it's still very likely that we'll see 20k this year.

[FanEagle]

Can bitcoin Cross $20,000 by the end of 2020?
Now it is approx $10,000

Are you speaking in terms of this entire year? You might be expecting a way lot smaller price if you consider for long term. This year is going to bring some positive revolution after the bitcoin halving process ends. This would bring a huge price for bitcoins as even in the starting 2 months we have seen bitcoins crossing $10k so I guess bitcoins might cross $20k before the halving itself. After the halving, prices may continue to rise higher and higher. This year we could really expect the bull runs to arrive and in situation of bull runs the price quickly move higher and higher which would never take much time to reach $20k.

Demand for bitcoins will rise after the end of May 2020 which would make a lot of people invest into bitcoins. This would make the price cherish as it did last time in those bull runs. These bull runs are expected to be more huge than the ones we experienced in the year 2017.

[Saint-loup]

Approx. yes, it may reach $20,000 if only we can maintain the trend. But if we dump more, just as we saw today from 10k+ to 9.8K... it might be hard to really reach 20k.

A $400 drop in the price in a single day isn't exactly a good indication of what's to come in the upcoming weeks or months. In fact, such a small pullback could mean that we're bulding a strong floor before testing 10k and above very soon, so if there's a bigger dump, then there'll be some support around the current prices (9850 at the time of writing).

Also, these sort of price changes are still within the range of what many consider normal fluctuations in the cryptosphere. All in all, it's still very likely that we'll see 20k this year.

What link do you make between a so-called support at 10k in february and a rise till 20k before the end of the year?

IMO it will be very hard for bitcoin to reach its ATH during the next 10 months, it would represent +100% from the current price, it's a huge amount.

Moreover I don't understand why people are talking about 2017 here   There was no halving in 2017!
 

[darewaller]

Approx. yes, it may reach $20,000 if only we can maintain the trend. But if we dump more, just as we saw today from 10k+ to 9.8K... it might be hard to really reach 20k.

A $400 drop in the price in a single day isn't exactly a good indication of what's to come in the upcoming weeks or months. In fact, such a small pullback could mean that we're bulding a strong floor before testing 10k and above very soon, so if there's a bigger dump, then there'll be some support around the current prices (9850 at the time of writing).

Also, these sort of price changes are still within the range of what many consider normal fluctuations in the cryptosphere. All in all, it's still very likely that we'll see 20k this year.

Why we consider these as normal fluctuations is because we all know how volatile the cryptocurrency markets are. I would personally not even care even if the price moves by almost $1000 in just few minutes because it is already what I expect from the cryptocurrency markets. Also, it never means that the price would start dropping just because we saw a $400 dump.

In fact, what I can observe is that the price has a initial dump before it could pump to a greater price and this is what might be happening currently. The price has started us some growth and such kind of dumps usually might occur due to the panic sellers who never have patience and sell their coins as soon as they see some good price. At the same time, some experienced traders are waiting for such dumps where they could enter the markets and than see the markets growing back again.

[Dr.Osh]

Base on the fact that people have knowledge of bitcoin now, I think the halving will skyrocket price because more people are getting into the investment and demand will keep increasing. A new ATH is possible in my eyes.

just having enough knowledge isn't enough to make bitcoin prices go up. I think we need action, and I think the current increase in the price of bitcoin is still happening slowly. however, investors are slowly investing in bitcoin, and I think the price of bitcoin will go up later this year, right after halving. However, this year I didn't really think about the price of $ 20,000, even to reach the price of $ 18,000 it has become a very good move.

[GmAdvice]

Can bitcoin Cross $20,000 by the end of 2020?
Now it is approx $10,000

It theoretically can, but no one knows if it will. If you want a more precise answer, I suggest asking your nearby fortune teller.

@GmAdvice I’ll answer yes and at the same time I’ll tell you that, it’s quiet possible that bitcoin prices may not cross $20k by the year end because of it’s volatile nature. @mk4 while I’m not a fortune teller, but I can see how it’ll go with the fortune teller as the FT will tell him the same thing like we just said here. I hope now you’ll understand that no one can predict what will happen with bitcoin prices, as we all try to make predictions based on our gut feeling. Therefore I’ll advise you to do more research about bitcoin prices, as I feel you lack the necessary knowledge regarding it.

@Juggy777 Yes you are right, i'll research more about bitcoin thanks..

[GmAdvice]

End of 2020 is still far but we are at 10k level already well it got back to 9.8k level now and seems corrections are being applied there's a huge gap between market orders and I can see it still going to go down until 9.2k to 9.5k. Anyway we are just on the second month of this year I know it can reached 20k before this year ends plus lots of event are anticipated to be reason of potential surge of price especially the halving of btc which can boost its price more.

Yes, i have aslo a strong gut feeling that bitcoin will cross 20k by the end of this year

[GmAdvice]

Base on the fact that people have knowledge of bitcoin now, I think the halving will skyrocket price because more people are getting into the investment and demand will keep increasing. A new ATH is possible in my eyes.

just having enough knowledge isn't enough to make bitcoin prices go up. I think we need action, and I think the current increase in the price of bitcoin is still happening slowly. however, investors are slowly investing in bitcoin, and I think the price of bitcoin will go up later this year, right after halving. However, this year I didn't really think about the price of $ 20,000, even to reach the price of $ 18,000 it has become a very good move.

Ohh really, then sir what do you think when bitcoin will cross 20k?. Can you please tell what affects will increase the price of bitcoin

[BlackFor3st]

Can bitcoin Cross $20,000 by the end of 2020?
Now it is approx $10,000

2020 still a long way to go, we are still at the first quarter of the year and the price of bitcoin is already at 10 185 usd as of this moment. And the halving is still not happening so 20 000 usd price barrier is not impossible for bitcoin to achieve before this year will end.

If the market will continue to behave like this where bitcoin increase reach to 37% in less than two months then 20 000 usd price will likely to happen in the third quarter of 2020.

[plvbob0070]

Can bitcoin Cross $20,000 by the end of 2020?
Now it is approx $10,000

It's totally possible to see bitcoin reaching that price but even we already in the 10,000$ still, there's a tendency that it will fall back again just like what we experience a few days ago where bitcoin drop up to 300$ in just a couple of hours. We are now in the 2nd quarter of the year and still a long way at the end of the year so expect the unexpected like what will gonna happen after the bitcoin halving. And, its either going upward or downward. But, I'm optimistic that's why I can say it will gonna go upward. This is the current price of bitcoin 10,274$ and in just a blink of minutes, it will gonna change. So even the price of bitcoin is too unpredictable somehow it's possible to see the 20,000$ or more at the end of 2020.

[Oceat]

Can bitcoin Cross $20,000 by the end of 2020?
Now it is approx $10,000

Definitely not. If you think it will push through $20,000 by the end of this year, then you are wrong, i'm saying this because i am certain that it won't even going to touch that $20,000. Don't just get your hopes too high yet even if you think there is a Bitcoin halving it won't change the fact that halving will always occur after some months from a decline of prices. Save that $20,000 expectation next year you will probably gonna see it soon.

[Silberman]

Can bitcoin Cross $20,000 by the end of 2020?
Now it is approx $10,000

That is going to be a great challenge and we can see this during the correction that happened during the last year, bitcoin went up in value but as soon as it seemed it could get close to 20k people began selling and the price crashed, if bitcoin gets close to that price people are going to get anxious and will begin to sell their coins expecting a crash and if enough people do this then the crash will happen, so it is going to take a while before we see bitcoin at 20k once again.

[justdimin]

I still think that we have a lot of infrastructural changes to be made before we can go above $20k and stay there. People want the price to go upwards without thinking what it could mean when that happens. Last time we went up that much, there wasn't any new money coming into bitcoin which resulted with the same money in the market without any new coming it and whenever people left the market that destroyed the price bit by bit to lower eventually reaching to $3k levels.

It means if we want to reach to $20k levels once again, we first have to make sure there will be more money coming in constantly, otherwise we wouldn't be really "going to $20k" we would be just "stopping by at $20k before going down" and that is not something we can do twice anymore, it is very very risky.

[Chrystora123]

Can bitcoin Cross $20,000 by the end of 2020?
Now it is approx $10,000

I give an answer of 50%, yes and 50% no for Bitcoin will Bullish up to cross $ 20k by the end of 2020.  many also predicted that Bullish would be high after Halving but in fact, predictions often did not meet expectations.  my advice.. collect Bitcoin little by little until the end of the year, maybe the price of Bitcoin will cross up to more than $ 20k, but the choice is yours.

It theoretically can, but no one knows if it will. If you want a more precise answer, I suggest asking your nearby fortune teller.

Fortune Teller ?? I do not believe their words (Fortune Teller), if they can correctly predict the future, then they will be very rich 

[samcrypto]

Can bitcoin Cross $20,000 by the end of 2020?
Now it is approx $10,000

Prediction says yes but time says maybe, and for me it should be beyond that level again. Bitcoin is pumping good right now but it can’t tell much about its future price. Many believes the price will go up after the halving and we have to wait for that to confirm if we are going to see the new ath this year or not, just stay positive as we still have 10months to fulfill this dream price again.