Bitcoin prediction 2020

[gina1980]

So many people were skeptical about this blog post and bitcoin price ,that it cannot even touch 15k ,  thats the major difference between between a general trader and analyst . Because they predict keeping in mind the past records and public sentiments .

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[kapalmabur]

Bloomberg seems to be correct in predicting the price of Bitcoin in 2020,
especially now that the Bitcoin price has a strong Fomo,
with the persistence of the Bitcoin price above $ 16,000 there will be a mega pump that will occur, I expected this will happen.

[tbterryboy]

We will break over ATH before the year ends, here I said it. I normally do not talk this big because we are in crypto world and we could be 5k tomorrow all we know, maybe satoshi will come out live and sell all of his coins and that is when bitcoin will go under 1k even!

However I believe none of that will happen, I am looking into the market and we are in a situation where the whole world sees crypto as a solution to worlds financial problems, they see this in blockchain mainly and how blockchain tech will be something as huge as internet will be and the whole world currencies and financial sector will move to blockchain, which makes crypto currencies a lot more loved because they are based on blockchain tech as well. I hope that we will stay afloat for a bit more and go over 20k before the year ends.

[$crypto$]

Bloomberg seems to be correct in predicting the price of Bitcoin in 2020,
especially now that the Bitcoin price has a strong Fomo,
with the persistence of the Bitcoin price above $ 16,000 there will be a mega pump that will occur, I expected this will happen.

Is that true? I also expect the mega pump to happen but still we will see a correction before the market becomes bearish I am also still worried about this and it has been as usual when the pump has been going for a long time the bearishness has been waiting and this will result in big blood throughout the market.

Let's see what will happen with the predictions with the experts, indeed they have a strong analysis in observing this, we will still not overly trust the uncertain.

[kpierce77]

Bloomberg seems to be correct in predicting the price of Bitcoin in 2020,
especially now that the Bitcoin price has a strong Fomo,
with the persistence of the Bitcoin price above $ 16,000 there will be a mega pump that will occur, I expected this will happen.

The pump is very clear, and the momentum bitcoin has right now is very positive. I think maybe not in 2020, but in early 2021. my prediction in late 2020 we can see bitcoin hit new ATH and bullish will continue until early 2021

[gina1980]

This blog i read during pandemic month of june and i posted as a blog post , but most of the people here were so -ve about the thought of just knowing 20k , though at that time there was not even a single movement in the price , which happened due to halving , i am strongly convicted to this blog and analyst ,, really happy that finally some good websites are posting a meaningful blogs based on certain analysis , i dont know if it touches 20k or not , but as a trader i am really ok with the sudden change , and market booming up. Lets see what will happen to other alt coins , as BCH is still struggling which somehow is a concern because at this point it should have been around 3k or more...

[matchi2011]

Bloomberg seems to be correct in predicting the price of Bitcoin in 2020,
especially now that the Bitcoin price has a strong Fomo,
with the persistence of the Bitcoin price above $ 16,000 there will be a mega pump that will occur, I expected this will happen.

The pump is very clear, and the momentum bitcoin has right now is very positive. I think maybe not in 2020, but in early 2021. my prediction in late 2020 we can see bitcoin hit new ATH and bullish will continue until early 2021

That's everyone's ope especially traders and investors who believes to this market, those who bought earlier this year really enjoyed
the pumped that taking place.

It may continue up to the next following years, with the pumped and with new developments and adoptions from many people and businesses, we may see more actions and bring more great value to your investment.

[Twentyonepaylots]

Bloomberg seems to be correct in predicting the price of Bitcoin in 2020,
especially now that the Bitcoin price has a strong Fomo,

They will be always at the right prediction one way or another coz they don't stop predicting anyways lol bitcoin under strong fomo is good but bad for those who are late accumulating bitcoin, or what I called fomoeded 

with the persistence of the Bitcoin price above $ 16,000 there will be a mega pump that will occur, I expected this will happen.

Still uncertain for me as DeFi projects still shitting in the cryptospace, as investors are still looking for a quick profit out of shit project huge amount of money will just circulate above the DeFi projects. The resistance is strong at that level, though it's still early to assume but I also hope for it.

[coin-investor]

I really agree that by the end of this year bitcoin will reach its highest price and it all seems clear that bitcoin at this time of the pandemic is an investment that has many benefits for many people in various countries. and also make bitcoin more familiar to many people, of course.

Yes it will reach it's highest price this year but not breaking the all time high, my modest prediction is it will at least reach $18 k, already we are in a good pace we are reaching a lot of milestone now I wish there will be news like the PayPal news that will move the price even higher, i do not expect an all time high this time, although I welcome it, we'll have another one second quarter of 2021.

[JohnBitCo]

I really agree that by the end of this year bitcoin will reach its highest price and it all seems clear that bitcoin at this time of the pandemic is an investment that has many benefits for many people in various countries. and also make bitcoin more familiar to many people, of course.

Just consider for a moment, if anyone would have bought the bitcoin in the pandemic around 5 - 6 months earlier he could not easily make 1.5x profit or more if they holds more.
Predicting bitcoin price is always difficult but now it seems that sooner or later bitcoin will breaks its ATH record.

[nomenclatur]

$ 20000 looks like it will be easy to achieve this year because the price of bitcoin has been so bullish it can't be stopped so the drastic increase in the current price has made many people aware that they will invest in bitcoin. Positive things that can make all the better the more that choose bitcoin investment for the long term and to make the investment stronger and of course the price will increase even higher.

[STT]

I wont go as far as saying its easy to go higher and get twice where we were in October that quickly but its certainly been bullish for a while now, maybe 5 weeks and so regular that it appears to have taken up a bullish channel from what I can see and I dont often draw those because it usually doesnt apply.   BTC is most often more sporadic and then resumes going sideways but we've out run momentum and normal moving averages for some time now.
   I'll watch carefully as leaving such a regular ascent almost guarantees our descent downwards though last Feb we went higher before down, its pretty much the case this happens.    Dont know we'll just rise for the rest of 2020 like that.

[error08]

Interesting topic which created in mid-2020 when bitcoin price was just $9,3k. Many people in this forum didn't believe that bitcoin could reach $20k by the end of the year, but if you ask them now, they may have different idea about the price towards the end of the year. People tend to think pessimistic or don't want to expect much, perhaps afraid of being disappointed about the unexpected reality in the end.

It's the same with every single price prediction ever. It doesn't matter. Price predictions are completely pointless regardless who made the prediction.

True.

They're highlighting these predictions which looks like the person who did it is prominent.

Don't believe this and neither fall for this folks because it's likely not going to happen. Most financial markets are crashing and the entire crypto market does not look good. Don't think bitcoin is going to reach such a high price at least this year. Let's look at a price prediction of $10K-15K and as that seems feasible

This is just another wild guesses coming from a supposedly expert. Market is very volatile, just look at today's downtrend. We even can't make it to 5 digits and sustained what more to go to $20k at the end of the year?

And we still have the pandemic, we need to consider that as well. Maybe investors are reluctant because there's a lot of uncertainty right now. So I wouldn't take that prediction seriously, let the market flow its normal course and don't expect a big jump so that we all won't get disappointed at the end.

[gina1980]

Interesting topic which created in mid-2020 when bitcoin price was just $9,3k. Many people in this forum didn't believe that bitcoin could reach $20k by the end of the year, but if you ask them now, they may have different idea about the price towards the end of the year. People tend to think pessimistic or don't want to expect much, perhaps afraid of being disappointed about the unexpected reality in the end.

It's the same with every single price prediction ever. It doesn't matter. Price predictions are completely pointless regardless who made the prediction.

True.

They're highlighting these predictions which looks like the person who did it is prominent.

Don't believe this and neither fall for this folks because it's likely not going to happen. Most financial markets are crashing and the entire crypto market does not look good. Don't think bitcoin is going to reach such a high price at least this year. Let's look at a price prediction of $10K-15K and as that seems feasible

This is just another wild guesses coming from a supposedly expert. Market is very volatile, just look at today's downtrend. We even can't make it to 5 digits and sustained what more to go to $20k at the end of the year?

And we still have the pandemic, we need to consider that as well. Maybe investors are reluctant because there's a lot of uncertainty right now. So I wouldn't take that prediction seriously, let the market flow its normal course and don't expect a big jump so that we all won't get disappointed at the end.

Thanks for pointing these members , who were truly against this blog post and never looked at the positive side. Now i would really want that they shall come up with their rebuttal and theory. I was never expecting much and never looked for 20k , but i always believed that you can compare analyst to doctors , some good and some not , but they can actually look into the scenarios differently and in depth .

[gina1980]

Guys lets not be confused about the prediction , i can see many people are actually commenting without even reading the blog, which is actually   not making sense because,  once you read the blog , it is specifically written what bloomberg analyst think about , and on what basis . The past scenarios , oblviously the word prediction means a vague not definite , but yes they predicted based on some studies in the past.

Bloomberg is rarely right, just like CNBC.
The fact that most people think it's going to go up is why we don't see any big upward moves right now. In the peak of the last bull market most people were also saying that it would go up. When the most persistent bears turn bullish is a sign that the market will soon reverse, because these people are always late for the party.
I believe we will stay in a channel of 8-12k for the rest of the year and maybe longer than that. If stocks crash again we might go lower.

Seems like optimism is rarely found in some people and he is one of them , Bitcoins is hovering around 18k , and now either bloomberg or either this blog will be given its due credit , for giving us such an insight . These blogs and predictions makes us believe that crypto world is full of surprises.

[KTChampions]

Oddly enough, but the prediction shown in the first post turned out to be correct 
It would be interesting to know the opinion of the analyst who prepared it regarding 2021 and what options for the behavior of the price of bitcoin are considered after reaching the target levels of this year. It would be interesting to write them down in the same topic and check in a year.

[elisabetheva]

So many people were skeptical about this blog post and bitcoin price ,that it cannot even touch 15k ,  thats the major difference between between a general trader and analyst . Because they predict keeping in mind the past records and public sentiments .

currently bitcoin has touched $ 18K and this is clearly far from my expectations, because I only estimate that bitcoin will only reach $ 15K- $ 16K by the end of this year.

I actually agree that we predict bitcoin from the analysis of experience that has occurred so far with bitcoin, because that is the only analysis that can be done to determine the next bitcoin, maybe all will have different perceptions and that is understandable.

[Kong Hey Pakboy]

So many people were skeptical about this blog post and bitcoin price ,that it cannot even touch 15k ,  thats the major difference between between a general trader and analyst . Because they predict keeping in mind the past records and public sentiments .

currently bitcoin has touched $ 18K and this is clearly far from my expectations, because I only estimate that bitcoin will only reach $ 15K- $ 16K by the end of this year.

I actually agree that we predict bitcoin from the analysis of experience that has occurred so far with bitcoin, because that is the only analysis that can be done to determine the next bitcoin, maybe all will have different perceptions and that is understandable.

The current bitcoin's price is actually far from our expectations that we assume bitcoin will only reach and stays its price in the $15,000-$16,000 mark. But look at the price of bitcoin today, it is now in the $19,000+ and we are now getting much closer to its ATH again. Many bitcoin holders are having doubts about what will happen next because the whales are currently manipulating the bitcoin's price that they anytime they could sell out their bitcoin holdings.

[lunnatic]

So many people were skeptical about this blog post and bitcoin price ,that it cannot even touch 15k ,  thats the major difference between between a general trader and analyst . Because they predict keeping in mind the past records and public sentiments .

currently bitcoin has touched $ 18K and this is clearly far from my expectations, because I only estimate that bitcoin will only reach $ 15K- $ 16K by the end of this year.

I actually agree that we predict bitcoin from the analysis of experience that has occurred so far with bitcoin, because that is the only analysis that can be done to determine the next bitcoin, maybe all will have different perceptions and that is understandable.

The current bitcoin's price is actually far from our expectations that we assume bitcoin will only reach and stays its price in the $15,000-$16,000 mark. But look at the price of bitcoin today, it is now in the $19,000+ and we are now getting much closer to its ATH again. Many bitcoin holders are having doubts about what will happen next because the whales are currently manipulating the bitcoin's price that they anytime they could sell out their bitcoin holdings.

anything can happen in cryptocurrencies, moreover, just a $ 1000 increase can happen in just a few seconds,
now it is $ 19200, $ 500 less to break the resistance in 2017.

[CyberKuro]

So many people were skeptical about this blog post and bitcoin price ,that it cannot even touch 15k ,  thats the major difference between between a general trader and analyst . Because they predict keeping in mind the past records and public sentiments .

Yeah, what the article mentioned makes sense to the current situation despite many users doubt that analyst although it was based on a study in the market with the halving and institutional investors, not a wild guess without explanation. Nonetheless, it's not the end of the year yet Bitcoin can manage to reach $20k shortly, with that in mind, the projection of bitcoin may reach $28k probably going to take place in December, who knows.


The report also states that bitcoin will reach a 2017 high of 20,000 dollars and may even reach a new high score of 28,000 dollars, as we saw in the last year the high was about 14,000 dollars, which could convert bitcoin almost double in 2020.