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Oasisman
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February 20, 2020, 10:05:11 PM |
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~snip~
Why not put a realistic goal of like $12,000-$15,000 this year and wait for 2021? Yeah, like that prediction, but people here wanted to see the price goes to $20,000 and relieved that 2017 again. Different time folks, as much as we wanted to see that price goes on parabolic rise, much better to wait and see what happens after the block halving. $20,000 is still a realistic range considering that we're still in the 2nd month of the year and Bitcoin touched the $10,000 level and there's still enough block halving hype in the market that could potentially put the market in a positive run. I can still remember there was a gradual increase of price from the last 2 halving before the event took place, then skyrocketed after a year. Like what happened in 2016 halving and 2017 ATH. could reach more than $20,000 for all we know, however, it will really take some time and maturity again before we can see the next big bubble.
On 2021 maybe? More than $20,000 means new ATH. I would love to see those figures and market reactions.  |
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bhabygrim
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February 21, 2020, 04:51:29 AM |
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If the market continues to grow then why couldn't it cross it?
The FOMO from halving could make it happen if the price continues to increase rapidly,
We might not need to wait for the end of 2020 to see it cross $20K again.
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rodskee
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February 21, 2020, 05:09:30 AM |
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Can bitcoin Cross $20,000 by the end of 2020?
Now it is approx $10,000
no doubt that Bitcoin can,because in 2017 we made that value so what more now that investors are multiplying and just only waiting for the right time before blasting their investments?and also we are just in the first quarter but look at the market?the capitalization even grow at least 30% things that made us all believe that we are in early halving Bull running.so just wait for the next months and we will see that 5 digits value will be attain again. |
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Free1bitco.in
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February 21, 2020, 06:32:30 AM |
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If the market continues to grow then why couldn't it cross it?
The FOMO from halving could make it happen if the price continues to increase rapidly,
We might not need to wait for the end of 2020 to see it cross $20K again.
hope that will happen soon. however, I think that the price of $ 10k is not stable at the moment. 2 times there has been an increase above $ 10k decreased again at the level of $ 9k in a fast time. so far, the price of $ 10k has not lasted for 1 week. even so, I still believe the development of bitcoin can reach the potential of $ 20k. |
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maydna
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February 21, 2020, 07:23:52 AM |
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If the market continues to grow then why couldn't it cross it?
The FOMO from halving could make it happen if the price continues to increase rapidly,
We might not need to wait for the end of 2020 to see it cross $20K again.
Yes, so we can wait for that time to come, but meanwhile, we can buy more bitcoin from now one before the bitcoin price started to increase higher. If Bitcoin price starts to grow, and we are not yet buying more bitcoin, we will miss the time to sell bitcoin at the highest price. I guess that the situations will be like this, I mean, the price will be up and down for more, and the price will hit the high price and then it will go down for a while, and then it will go up again. That will happen like that without we know how high bitcoin price will increase, but if we can be ready for the time, we can get a good time to sell bitcoin. |
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thisnewcoin
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February 21, 2020, 09:00:27 AM |
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The end of the year is not the measurement, Bitcoin can hit 20K USD anytime this year. As the FOMO is spreading well and Bitcoin price still in the growth zone, so, we can expect 20K USD after the bitcoin halving, but no one can confirm you about it, because as you know future is unknown to everyone.
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DevilSlayer
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February 21, 2020, 04:30:02 PM |
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If the market continues to grow then why couldn't it cross it?
The FOMO from halving could make it happen if the price continues to increase rapidly,
We might not need to wait for the end of 2020 to see it cross $20K again.
Yes, so we can wait for that time to come, but meanwhile, we can buy more bitcoin from now one before the bitcoin price started to increase higher. If Bitcoin price starts to grow, and we are not yet buying more bitcoin, we will miss the time to sell bitcoin at the highest price. I guess that the situations will be like this, I mean, the price will be up and down for more, and the price will hit the high price and then it will go down for a while, and then it will go up again. That will happen like that without we know how high bitcoin price will increase, but if we can be ready for the time, we can get a good time to sell bitcoin. It is early to have prediction that bitcoin may achieve $20,000 per each, it is still the first quarter of the year and we are not yet sure if this bullish trend will come to end or it will continue in many months. I accumulate bitcoin because of its explosive breakouts, where it indicates that the buyers are in control. |
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Botnake
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February 22, 2020, 10:18:06 AM |
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The end of the year is not the measurement, Bitcoin can hit 20K USD anytime this year. As the FOMO is spreading well and Bitcoin price still in the growth zone, so, we can expect 20K USD after the bitcoin halving, but no one can confirm you about it, because as you know future is unknown to everyone.
Of course it is not, by the end of the year meaning until the end of the year, so it could reach either before or at the end of the year. Most people who are optimistic that bitcoin will rise will also think that bitcoin will surpass it's ATH this year and that would mean even over $20,000. |
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bitgolden
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February 22, 2020, 10:25:54 AM |
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The end of the year is not the measurement, Bitcoin can hit 20K USD anytime this year. As the FOMO is spreading well and Bitcoin price still in the growth zone, so, we can expect 20K USD after the bitcoin halving, but no one can confirm you about it, because as you know future is unknown to everyone.
Of course it is not, by the end of the year meaning until the end of the year, so it could reach either before or at the end of the year. Most people who are optimistic that bitcoin will rise will also think that bitcoin will surpass it's ATH this year and that would mean even over $20,000. The real catalyst for pushing bitcoin prices toward a new ATH must be halving. I believe halving always has the power to launch bitcoin prices at at least ten fold then why not $20k. But, when we look at the timing of new ATH and halving then we are becoming pessimistic as new ATH takes its own time after the occurrence of halving. So, there are equal probabilities for new ATH in 2020 to be happening and in 2021. I am sure at least the first quarter of 2021 must be highly bullish so plenty of chances for prices to be at new ATH. Anything may happen with bitcoin prices as FOMO may launch prices to new ATH before halving and if that happens then we can see $100k before end of this year. Then one million dollar levels may happen in 2021  yes, FOMO can do any magic! |
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Saisher
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February 22, 2020, 11:18:07 AM |
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It theoretically can, but no one knows if it will. If you want a more precise answer, I suggest asking your nearby fortune teller.
Even a fortune teller can't do that not all fortune teller can predict 100% of what's going to happen, in fact even if that fortune teller happens to have have all the chart and candle sticks analysis in front of him, but in my analysis it's going to be more than $20 k remember the supply will be much lesser. |
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TheGreatPython
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February 23, 2020, 04:09:56 PM |
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The real trick is, what will happen after the halving, that is the real question, depending on the answer it could easily go beyond $20k or it could go under $7k and we can never know what will happen until it is too late and already happened. What will decide on this is how will miners and traders react to it, depending on how they react we could definitely have a lot of difference in the outcome.
If miners are still making profit with $10k price for example (which they might, all depends on their hash rates to electricity to difficulty) they will not stop doing what they are doing right now, they will probably only focus on their profits and if they still profit that means they won't do anything.
Aside from that people who bought and expected a huge raise may end up not caring about all that much, which may end up with them selling because they are disappointed. These are the bad parts, the good part is if everything is in reverse, it may go above $20k as well.
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13matador
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February 23, 2020, 05:08:05 PM
Last edit: February 23, 2020, 05:33:19 PM by 13matador |
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I think after BTC reward halving the mining will be less profitable, additionally over 80% of BTC max supply have been mined, thus BTC's price will be slowly increasing. Maybe it won't reach $20,000 by the end of 2020.
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Spaffin
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February 24, 2020, 04:34:28 PM |
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Almost all forum users, like other cryptocurrency users, primarily turn their attention to future halving, which in one way or another should affect the entire cryptocurrency market and directly on the price of bitcoin. But if you predict what kind of changes will be, then personally I expect only an increase in the price of bitcoin, since the previous division of the remuneration to the miners twice led to just such consequences.
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