Bitcoin going on the major bull run in 2020

[gokumarket]

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  What you thinks guys?

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[KrisAlex18]

I hope so, hoping that bitcoin could go up and up, but as a normal person we can predict the accurate price of the bitcoin in the future, even though this person who is known then known about fiction cannot say it as well if you have seen so many tweets about the prediction of the bitcoin do not believe them, there are many tweets about the price of the bitcoin on Twitter and we cannot tell that they can say the correct information about the upcoming value of the bitcoin. When the price of the bitcoin moves up to $10000 you would see so many tweets about the prediction of it.

[mk4]

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

[asajapheth]

Y’all calm down with baseless price predictions. The price is fine the way it is. We ought to be seeking wider adoption, and not miraculous bull run.

[ethereumhunter]

We hope bitcoin price can hit more than $20k this year or next year, and yes, bitcoin has a big chance to go to that price. But we need to enjoy the ride for a while because the price now still below than $10k. The bitcoin price needs to increase slowly or faster to break the higher price, and no matter what, the price will break $20k soon. But we don't know when the number $28k will be reached, and we can only wait for more while we can try to buy and sell to make more profit.

[Taskford]

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  What you thinks guys?

Just another speculation keep coming and can I ask you this question? where did you get these prediction since I don't see any reliable support on this claims so maybe post some TA or whatever proof you have so that we can see this things are true. I don't see that we can go for that far this year so maybe lets step on closer looks since we might gonna end up chasing those figures if that will not hit up.

[The Cryptovator]

Do you have your technical analysis or explanation to backed your prediction? Otherwise how would we trust on it? We are seeing positive movement on bitcoin price even there is global crisis ongoing. So I am only expecting major bull run would happen if we found a solutions for COVID-19. Because we can't expect normal global economy before cure of COVID-19, so after cure from it global economy will bump for sure and we may expect real bull for bitcoin as well. There is no other big hope except it since halving already passed and we haven't seen any impact of it on bitcoin.

[Jawhead999]

I believe OP is referring about Bloomberg prediction which is said Bitcoin will reach $20.000 or possibly reach new ATH $28.000 on this year. It's not suprised Bloomberg is very bullish about bitcoin, and always give good news about bitcoin. $20.000 on this year is possible according his explanation, but I don't think how accurate his prediction. IMO the prediction is too early, we need to wait what will happen on the next covid-19 wave around 1-3 months.


Anyway this thread has been discussed before Bloomberg: “Bitcoin will approach record high of about $20,000 this year”

[Free1bitco.in]

so far prices have remained stable at $ 9k. if there is an increase in prices then it will happen before the end of the year. I honestly think that the bull run will also happen soon. however, a large increase could have occurred in 2021, not this year.

[DeathAngel]

I love your optimism OP but I think we’ll have to wait until 2021 for those kind of prices. It’s usually a slow grind after the halving & the real explosive moves upwards happen the year after the halving.

[GreatArkansas]

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  What you thinks guys?

I also want those figures especially, I think most of us want to get in all-time-high or even surpass it. It's good and nothing wrong there.
But it's kinda difficult to get disappointed, so we should also consider the current analysis; technicals or fundamentals. We can reach there, at the right time and right moment.
For me, in this current year, it's difficult. We need more time.

[sunsilk]

Y’all calm down with baseless price predictions. The price is fine the way it is. We ought to be seeking wider adoption, and not miraculous bull run.

Exactly. The price is running correctly and whether it goes down a bit or not, it's still fine. Just remember the month of March and how bad it was for many of us and thought that it will be another bear market. But look, there's a quick rebound and price got into a better place.

Dow Jones is down for today and as we have seen, bitcoin plummet too. I'm not saying that there's a connection but most markets are starting to act the same for the meanwhile. Looking into the long term and future, just relax, we're all wanting to see a new all-time high.

[pooya87]

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  ;) What you thinks guys? ??? :)

i think you need to start coming up with better topics, throwing numbers around with no reasons or analysis to back them up is just as bad as those who are saying bitcoin is dropping down to $3k soon. they are both random and they are both wrong even if the price they are guessing comes to pass.
and Covid19 has done nothing to bitcoin and its "maturation" apart from delaying the bull run by causing a short term drop.

[Janation]

Y’all calm down with baseless price predictions. The price is fine the way it is. We ought to be seeking wider adoption, and not miraculous bull run.

You are right.

It is not that bad to predict that high but I guess most of the time other people are being given a false hope they might hold unto and be disappointed when that time never comes. Bull run or not, I will be holding the same Bitcoin no matter what. What I think is that it is better to be calm and patient since that will give you a good profit in the long run.

[btc_angela]

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  What you thinks guys?

LOL at the major bull run statement,  we have reached almost $20k last 2017, so if ever we touch it again this year, we can't call it a milestone. It will take a lot money to pour to get to $28k, we are still in the pandemic and the supposedly institutional money is not coming in yet this mid-year, so I doubt that we will see new all time year. Really funny when people see this kind of predictions in news outlet today then gets excited, then post it here.

[monineklutak]

I also believe that Bitcoin has indeed been Bullrun since Bitcoin was halving finished, although now the price of Bitcoin is corrected by more than $ 500, I still believe the bullish sentiment is still coming, it's time to buy not selling for cheap

[virasog]

I also believe that Bitcoin has indeed been Bullrun since Bitcoin was halving finished, although now the price of Bitcoin is corrected by more than $ 500, I still believe the bullish sentiment is still coming, it's time to buy not selling for cheap

Bitcoin is pumping and dumping  too much after the halving and no one is able to make the right prediction of bitcoin next movement. I think it is very risky to trade in bitcoin and altcoins at the moment. No one knows if bitcoin will move to 8000$ form here or pump to 12000$.

[danherbias07]

Are these accurate statemetns or just prediction? 
Do you got any links for proof.

You know when it comes to bitcoin it's always an "if".
I don't see that on your sentence.
It's like you are saying it after looking at the future with your futuristic car.

[Vectra]

will never stop at 28000 if/when it breaks ATH

[Vectra]

I also believe that Bitcoin has indeed been Bullrun since Bitcoin was halving finished, although now the price of Bitcoin is corrected by more than $ 500, I still believe the bullish sentiment is still coming, it's time to buy not selling for cheap

Bitcoin is pumping and dumping  too much after the halving and no one is able to make the right prediction of bitcoin next movement. I think it is very risky to trade in bitcoin and altcoins at the moment. No one knows if bitcoin will move to 8000$ form here or pump to 12000$.

some alts have great charts against btc for potential start of very good run. All important mas and emas taken from weekly to hourly charts, long accumulation. But the risk of bitcoin dumping make them potentially profitable mainly in acquiring new btc. I've bought some of them and though being extremely bullish to get more btc from them, I don't like a feeling of potential btc dump as that won't do a favor to dollar value of my portfolio.