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Author Topic: Can bitcoin Cross $20,000 By the end of 2020?  (Read 649 times)
sayaya17
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February 14, 2020, 11:51:07 PM
 #41

Maybe it should arrive at the level of $ 15,000 so the chances will be a lot to reach $ 20,000, with this much time we have to wait until bitcoin is able to be at the level of $ 15,000. But with the current increase it shows that there is a lot of demand so that bitcoin can continue to rise and this is related to the halving that will occur this year.

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February 15, 2020, 01:00:20 PM
 #42

Maybe it should arrive at the level of $ 15,000 so the chances will be a lot to reach $ 20,000, with this much time we have to wait until bitcoin is able to be at the level of $ 15,000. But with the current increase it shows that there is a lot of demand so that bitcoin can continue to rise and this is related to the halving that will occur this year.

it got some demand but i dont say alot because why the price is only at 10k levels ? alot of demand means the price is already over 15k or much more than that .   the rise of the price is not only made by halving but also because of the corona virus because before when there is no corona , the value of cryptos were only stable   .  20k usd seems hard to achieve still , so yes your right that we first need to see a 15k usd and the things will be more easier because the more the price gain the more people are dying to grab thier hands on crypto due to fomo  .
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February 15, 2020, 02:07:49 PM
 #43

Can bitcoin Cross $20,000 by the end of 2020?
Now it is approx $10,000
No one can be sure of this, but with the positive signals from the market in the past, I hope that your predictions will be accurate. This year it would be great if BTC could break ATH and surpass $ 20,000, It will help us get more new investors into this market and certainly the altcoin market will be as vibrant as 2017.

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February 15, 2020, 02:17:26 PM
 #44

YES, IT CAN! However, I do not think that it would. $20,000 before the end of the year falls within the realms of possibilities. The bitcoin halving later this year could also be significant, but I do not see it's the effect influencing the price in that direction before the end is the year.
2021 should be the year bitcoin skyrockets.

This is just my opinion and should not be taken as a financial advise

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February 15, 2020, 02:31:50 PM
 #45

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

Many people want to see bitcoin cross $20,000 this year, and it might be possible to happen because bitcoin will halve in the middle of this year. So that can trigger the price to increase higher, but we don't know if bitcoin price can increase fast or slow because until now, bitcoin price increases slowly. We can hope that if bitcoin price is down, it will not go down for more because if bitcoin price down for $9,000 level, it won't be very easy to rise to $10,000. But for reaching $20,000 will still a mystery to happen because we don't know when it will happen.

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February 16, 2020, 04:11:20 PM
 #46

Of course it can happen, but as long as the market continues to grow and not collapse. $ 20,000 is not too high a target for Bitcoin at the moment, just a large pump works, I believe the price can go up in just 1 month.

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February 16, 2020, 04:45:56 PM
 #47

I wouldn't count on that. Don't base your predictions only in form of wishful thinking. Everything is possible when it comes to Bitcoin, that is for sure but I don't like exaggerated predictions that are not based at some data.
We all expect that every new year would be the best year for Bitcoin so far but market isn't always following our wishes.
To my opinion Bitcoin price this year will not go higher than 15000$ if it comes that high at first place.

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February 16, 2020, 06:12:02 PM
 #48

Yes, bitcoin can!
But we should see first the real bull run and a real pump and if not then we should not expect that much with bitcoin. Many believes after the halving, some says before the halving but only bitcoin can tell so chill yourself and wait for the right time.
it seems like halving really has a pretty big effect on crypto users. This makes many people believe that the price of bitcoin can reach $ 20,000. actually, I also believe that, but for now, I am not so sure. I honestly expect the price of bitcoin to reach around $ 17,000 this year, and most likely the price of $ 20000 will be reached in 2021. For now, I only focus on seeing bitcoin prices try to stabilize at prices above $ 10,000, even now prices are back below that.
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February 17, 2020, 04:14:47 PM
 #49

Yes, bitcoin can!
But we should see first the real bull run and a real pump and if not then we should not expect that much with bitcoin. Many believes after the halving, some says before the halving but only bitcoin can tell so chill yourself and wait for the right time.
it seems like halving really has a pretty big effect on crypto users. This makes many people believe that the price of bitcoin can reach $ 20,000. actually, I also believe that, but for now, I am not so sure. I honestly expect the price of bitcoin to reach around $ 17,000 this year, and most likely the price of $ 20000 will be reached in 2021. For now, I only focus on seeing bitcoin prices try to stabilize at prices above $ 10,000, even now prices are back below that.

I still find it strange that many people don't know that the current market has priced the halving event already. We may just have the true market value for the current crypto Era. If we were to hit 20k it would truly make us reach a new hallmark in crypto development. I'd love to see it too. But from this point of view, honestly it appears hard.
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February 17, 2020, 04:40:29 PM
 #50

It seem's that most of the TA's are expecting it to break a new ATH because of the up coming halving.
And I think that it could cross $20,000 if the bull run continues.
There is always a chance that it could make it since we still got plenty of time or day before the year ends so many things could still happen.

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February 17, 2020, 05:21:55 PM
 #51

Bitcoin can do it! We have seen in the past how bitcoin surge from one level to some higher one's, in days price can move in thousands of dollars. If I remember correctly in 2017 bitcoin made ath in just 2 weeks, from 2k to 20k, that can be checked who wish to know accurate info, to me that's not so important, bottom line is that bitcoin can rise in price exponentially in short period of time, but that is a two way street, it can drop too.
As a gambler I see everything in some odds, chances, call it as you like. Chances for bitcoin to make new ath this year are low in my opinion. What we currently see is some preparation for some future bull run, but that will not happen soon after halving. The halving is a big event for bitcoin community, but except hype around the price there are other important questions too. We will have to wait halving, some time to pass and things to settle and only then we will have a bull run that everyone waits for.

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February 17, 2020, 10:23:51 PM
 #52

The last ATH was around 20,000 and that will mean bitcoin repealing it history. It has been done like 3 years back in 2017 when there was no halving but this is a time for another mining limitation which is likely to create higher demand. I see a bull run likely to get bitcoin to $20,000.

   We all see and wait for that bull run. Many people predicting the bull run this year, some predict bull run for the next year. Some experts
talk about specific months when will it happen.
   I think that Bitcoin price is capable of achieving $20k this year. If more people joins, if we get more interest from governments and companies
Bitcoin can go to $20k in less then a month, and until the end of this year we have 10 more months.



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February 18, 2020, 01:47:51 AM
 #53

The last ATH was around 20,000 and that will mean bitcoin repealing it history. It has been done like 3 years back in 2017 when there was no halving but this is a time for another mining limitation which is likely to create higher demand. I see a bull run likely to get bitcoin to $20,000.
precisely ATH previously occurred on Dec 17, 2017, at a price of $ 20,089. it is the highest price since bitcoin was made and has a price. if you look at prices at the moment, it is clearly needed more than a 100% increase. I'm not sure about the price of $ 20,000 at the end of this year, but there is little hope from halving that could push the price of bitcoin closer to that price. if prices can reach $ 20,000, I'm quite optimistic that it will happen in 2021.

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February 18, 2020, 01:51:39 AM
 #54

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


YES IT CAN.

NO IT WON'T

But  This March it will cross 11111

 Next year {2021} it will cross 22222

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February 18, 2020, 04:56:10 AM
 #55

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.
We already have so many fortune teller when it comes to crypto just visit twitter and you could find so many fortune tellers who are predicting the crypto price.
You could always ask the same thing every year and all you could get is the same answer "Yes it could get up to $***** by the end of the year" .
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February 19, 2020, 09:40:08 PM
 #56

There is a technical signal: the golden cross, the 50-day moving average rose above the 200-day moving average. This could translate into a nice price hike...
The last time it happened was in April last year and what happened in April? Bitcoin went from ~$5k to ~$12k in a 2-3 months period.
Imagine Bitcoin @$30k on May ^^

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February 20, 2020, 09:54:20 AM
Merited by LeGaulois (1)
 #57

There is a technical signal: the golden cross, the 50-day moving average rose above the 200-day moving average. This could translate into a nice price hike...
The last time it happened was in April last year and what happened in April? Bitcoin went from ~$5k to ~$12k in a 2-3 months period.
Imagine Bitcoin @$30k on May ^^

Indeed imagine that....

Though I think there are to many n00bs creating threads with a dumb and always similar question "Can BTC hit or break or... X-price mostly a higher ones" Then they probably watch some responses hoping for the bullish ones among us and based there quick rich buying upon those  Roll Eyes

Every other day the same thread, can BTC do that in this period of time ??

No one knows and please buy cause you know its good and world changing material, buy because you learned something about it and why its convenient etc Not because you only think its gonna increase % in a short period of time....

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February 20, 2020, 09:56:05 AM
 #58

Last year I answered a similar question and I answered yes because I am very optimistic that bitcoin will make a new ATH last year but it didn't happen, so this year I will still believe it will happen, I won't stop believing and actually this year has a great start and I like to believe that people are really hype with the upcoming halving.

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February 20, 2020, 03:04:32 PM
 #59

No! But maybe 15k will be it's highest and it will just play around it.
2021 though will be really promising. If we look at the charts, 1 year after the halving is needed before the value of bitcoin appreciates.
I think miners would not really feel the pain of the halved block reward yet within this year. Just my speculation.

So expect more dips and pumps in this year. It will be a crazy one.
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February 20, 2020, 09:42:09 PM
 #60

No! But maybe 15k will be it's highest and it will just play around it.
2021 though will be really promising. If we look at the charts, 1 year after the halving is needed before the value of bitcoin appreciates.
I think miners would not really feel the pain of the halved block reward yet within this year. Just my speculation.

So expect more dips and pumps in this year. It will be a crazy one.

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.

It 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.

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