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Author Topic: Bitcoin going on the major bull run in 2020  (Read 418 times)
Yamifoud
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June 12, 2020, 11:31:36 PM
 #21

Yeah, I was hoping and optimistic for this year but I was not going to think overly for $28,000, may that $20,000 seems to be possible but it is still not sure. Because if we look into the current market flows, it eventually not showing a strong resistance that could be blown out the market into high unless whales will do the hypes.

It can't be that more, because halving will have the effect probably next year as what we saw in previous halves. Though we think that we are in a different market situation but the changes aren't that far.

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June 13, 2020, 02:49:35 AM
 #22

Bitcoin going on the major bull run in 2020 - #COVIDー19 has accelerated Bitcoin’s maturation as an asset which is high of about $20,000 this year and may even reach a new high of $28,000 BTC  Wink What you thinks guys? Huh Smiley

What i think is?you are a card reader and you have read this happening?

If you are going to make such post again then you must be at least have some basis and understanding about the said currency so there might be proof or clarifying words for us to believe nor give opinion.

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June 13, 2020, 05:36:40 AM
 #23

Bitcoin going on the major bull run in 2020 - #COVIDー19 has accelerated Bitcoin’s maturation as an asset which is high of about $20,000 this year and may even reach a new high of $28,000 BTC  Wink What you thinks guys? Huh Smiley

What i think is?you are a card reader and you have read this happening?

If you are going to make such post again then you must be at least have some basis and understanding about the said currency so there might be proof or clarifying words for us to believe nor give opinion.

no he isnt but he was partially right with that because i also see btc price increase and this could also be possible because of covid  .  when covid didnt come price hardly reach 10k but after covid comes  btc price can easily reached 10k usd many times   .  if crisis still continue many people will find out about btc and btc could be pumping if that happens   . also nothing wrong with his opinion but to also on yours  , we are free on here to give our own opinion on this forum   .  so chill out man
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June 13, 2020, 06:27:19 AM
 #24

Where the heck did you get the $20,000 and $28,000 price predictions though? Your magic crystal ball?



It's mind conditioning, there are thousands of posts already about Bitcoin going to the moon, out impatient made us post our own  numbers so we can be part of the hype, yeah I have one or many posts of my own about Bitcoin going the moon I guess all holders should do it because we are the one who will benefit from this,

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June 13, 2020, 10:37:23 AM
 #25

I believe that bullish will come sooner but to be particular when it comes, well, nobody knows about it.
Ain't to deny that the market is struggling hard to surpass $10k which I saw that this is a long barrier to take in order to reach for $15k. We almost did this early this year but huge drops had come during the pandemic. All countries had suffered big losses this time and that might affect the crypto holders to be more optimistic and hold their Bitcoin rather than selling it when the price goes high. If this COVID-19 won't be resolve and the economic status couldn't recover, it is really hard for crypto market so soar high by then.

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June 13, 2020, 01:48:37 PM
 #26

Just leaving it after making a thread without proper explanation into where and how he got this kind of speculation.  Grin
Post and run.

Well, that's normal here but it may be easier if we could also hear your side by interacting with us.
20k was not reached last year or even maybe this year. Who knows?
Maybe it will because people are at their home, browsing the internet with high hopes to earn better without getting out of their house.
But, that is not just how is it. Asset or investment, whatever you call it. Bitcoin will always be a currency in the end.

Still, there is no guarantee for a huge profit if you buy it now. The market will decide for that.
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June 13, 2020, 03:21:21 PM
 #27

Bitcoin going on the major bull run in 2020 - #COVIDー19 has accelerated Bitcoin’s maturation as an asset which is high of about $20,000 this year and may even reach a new high of $28,000 BTC  Wink What you thinks guys? Huh Smiley
I just think you are bringing a perverted flow to us because your statement is not supported by analysis and predictions that people will eventually consider to be bullshit. Your speculation is meaningless if it is not supported by analysis, even though you believe it but you will not influence people just by connecting it to a pandemic.

Until now I still doubt that the price of bitcoin has the potential to rise after halving if you look at its history. The rise or fall of the price of bitcoin is determined by demand and supply in the market. So even though history says yes, I doubt that history will repeat itself.



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June 13, 2020, 03:49:46 PM
 #28

Bitcoin going on the major bull run in 2020 - #COVIDー19 has accelerated Bitcoin’s maturation as an asset which is high of about $20,000 this year and may even reach a new high of $28,000 BTC  Wink What you thinks guys? Huh Smiley
I still doubt if bitcoin has done it, I mean bitcoin has no related to any other investment out there like stock and etc.

Because in the fact we have seen bitcoin has fallen as well when the traditional investment fell, exactly when coronavirus came.

Yeah, I read an article which is published on cointelegraph https://cointelegraph.com/news/3-reasons-why-bitcoin-price-could-crash-if-us-stock-market-collapses and I was thinking it will happen again.
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June 13, 2020, 06:43:09 PM
 #29

It already did but we didn't really get to take advantage of it. Bitcoin price started from $7k, moved to $10k, went to $4k, go back up to $10k. That is 2 times the price went high and one of them was insanely high as well. The only bad part here is the fact that it dropped to $4k so we didn't really profited a lot from it.

Same amount of purchases on bitcoin back when it was $10k and we would have over $15k price, at least around $14k price right now. That is why I think the best case for us right now is to consider this as the bull run and do not anticipate anything further new. Could another bull run happen? Of course it could happen but I just do not feel like it is a high possibility, I would give it a 10% chance to have another big bull run in 2020 and unlikely of it to happen.
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June 13, 2020, 07:39:36 PM
 #30

Bitcoin going on the major bull run in 2020 - #COVIDー19 has accelerated Bitcoin’s maturation as an asset which is high of about $20,000 this year and may even reach a new high of $28,000 BTC  Wink What you thinks guys? Huh Smiley

Prediction can be given by everyone but you have to check for yourself how much that prediction is similar to reality. On what basis did you give this prediction? Do you have any analysis? I am also optimistic about Bitcoin that will do well in 2020 but that does not mean that I am optimistic that I will see a big bull market. Now the world economy is going bad and people are losing their jobs. This means that it will not be possible for ordinary people to invest now. But now is the time for big investors to accumulate more bitcoin.

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