Bitcoin prediction 2020

[gina1980]

Bloomberg analyst shares why the bitcoin price will double to 20000$ this year in 2020. According to Mike Mcglone senior commodities analyst at Bloomberg, bitcoin is going to hit 20000 Dollars by the end of 2020. READ THE COMPLETE BLOG AND SHARE YOUR OPINION ....WHAT U THINK ...

https://blog.coinbaazar.com/bitcoin-prediction-2020/

I'm not a fan of this prediction thing. I can even say, $30,000 at the end of the year even it's not realistic or not. I can also say $5,000 or below. These predictions will just make you more confused. I'd rather focus on the current trend and from there, just go with the flow.

Maybe try to read the blog by yourself and see what it brings to you.

After all, we have the freedom to believed what we think is way more realistic to happen.

I think everyone has freedom of opinion, especially the prediction of bitcoin at the end of the year but what is said on the blog by a famous person so that it can be able to trigger debate for the future price, therefore freedom can be concluded by yourself how to respond to it but I said on the blog will not be ignored because it has often seen many predictions like the real but it is of no use and it is better to see what trends are happening at this time.

You said it rightly , people who have read the complete blog can understand better what its trying to predict the btc price and on what basis . Its not a random person saying . This has been analysed by most influential researchers.

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[maydna]

Price prediction still is the price prediction, and people can make their prediction and influence others. But you should use your analysis to find what is happens with bitcoin, and you don't have to follow the other's prediction. We are now still at the bearish trend, although we see the candle sometimes change from red into green and back to red again because that is what happens with bitcoin. We will see the bullish trend once the price can break $10k or more, and the price still continues to increase after making a correction for some time.

[sujonali1819]

In my opinion the year 2020 is a big year for crypto. So the more chance of seeing positive things for the bitcoin. The reason behind my thought is, last few years we have seen a bearish market. So it can influence the price of bitcoin. Again there is a bitcoin halving this year. It also can influence the price of bitcoin according to the past history of bitcoin. So I want to say if someone predicts bitcoin will reach 20k dollars again this year it has enough arguments. And I will support the prediction.

[hahay]

After recovering from a collapse due to the pandemic and so far the market is very good, if in the next quarter there is not a big dump then it is possible for further increases to occur towards the end of the year. We still don't know exactly what will happen for the next quarter, because the TA analysis will still not guarantee a definite dump, so with predictions like this, I will only wait for time.

[gamer4156]

No one can give a definite idea about the future of Bitcoin.
It is the same thing to give a definite idea about where it can go and to throw stones in the dark. You don't need money anymore to hope. 2020 may be the golden time for Bitcoin and vice versa Either way, we can only hope that Bitcoin will break all previous records and make 2020 memorable for us.

[Rosilito]

Mirroring 2016's price movement? I'm no analyst but I couldn't buy those reason. 2016 is entirely different from 2020, it might be just a coincidence why it looks like something happening similar few years back then.

In my opinion the year 2020 is a big year for crypto. So the more chance of seeing positive things for the bitcoin. The reason behind my thought is, last few years we have seen a bearish market. So it can influence the price of bitcoin. Again there is a bitcoin halving this year. It also can influence the price of bitcoin according to the past history of bitcoin. So I want to say if someone predicts bitcoin will reach 20k dollars again this year it has enough arguments. And I will support the prediction.

I admire your simple thoughts  . While everybody/majority here aren't really interested nor they do not care about the idea of those so-called expert, simply because it is just one of the many.

[Saisher]

Bloomberg analyst shares why the bitcoin price will double to 20000$ this year in 2020. According to Mike Mcglone senior commodities analyst at Bloomberg, bitcoin is going to hit 20000 Dollars by the end of 2020. READ THE COMPLETE BLOG AND SHARE YOUR OPINION ....WHAT U THINK ...PLEASE READ THE COMPLETE BLOG TO KNOW ON WHAT BASIS THIS PREDICTION IS DONE .
 
https://blog.coinbaazar.com/bitcoin-prediction-2020/

It's a moderate prediction and I support this prediction, some analyst are predicting as high as 6 digit, with the present market condition and the situation we are in, I doubt if it is possible, I'm ok and will be happy if Bitcoin reaches the $20k level I also want the altcoin to go up, like they did back 2017, that was the glory day of altcoins and I wish we have a repeat.

[DonFacundo]

Well I can not tell if bitcoin can reach again $20,000 by the end of this year because the world is still struggling of the virus so I'm still doubt of it.

[RealMalatesta]

My prediction for the end of the year is reaching above 15k this year. That doesn't mean it will be above 15k by December 30th, it means that sometime in the 2020 year we will see above 15k price, it could be next week, it could be next month or it could very well be December 30th as well but eventually we will break above 15k for sure.

I can't speak on anything higher, is it possible? Of course it is because this is bitcoin as long as people keep buying bitcoin the price would go up, but I would say 15k is more likely compared to anything higher. I would love to see it go up very quickly so that it would go down in a correction and recover from that once again to go even higher than 15k but for now it doesn't look like it will go there just yet anytime soon.

[hulla]

Bloomberg analyst shares why the bitcoin price will double to 20000$ this year in 2020. According to Mike Mcglone senior commodities analyst at Bloomberg, bitcoin is going to hit 20000 Dollars by the end of 2020. READ THE COMPLETE BLOG AND SHARE YOUR OPINION ....WHAT U THINK ...PLEASE READ THE COMPLETE BLOG TO KNOW ON WHAT BASIS THIS PREDICTION IS DONE .
 
https://blog.coinbaazar.com/bitcoin-prediction-2020/

Firstly, the manuscript writer didn't provide the link to the Bloomberg analyst statement as evidence that what he declared the analyst said is reality.
Second, prediction are always guess theory but said prediction was extracted from the community opinion about bitcoin halving to be effective next year.

[Oasisman]

Bloomberg analyst shares why the bitcoin price will double to 20000$ this year in 2020. According to Mike Mcglone senior commodities analyst at Bloomberg, bitcoin is going to hit 20000 Dollars by the end of 2020. READ THE COMPLETE BLOG AND SHARE YOUR OPINION ....WHAT U THINK ...PLEASE READ THE COMPLETE BLOG TO KNOW ON WHAT BASIS THIS PREDICTION IS DONE .
 
https://blog.coinbaazar.com/bitcoin-prediction-2020/

It's a moderate prediction and I support this prediction, some analyst are predicting as high as 6 digit, with the present market condition and the situation we are in, I doubt if it is possible, I'm ok and will be happy if Bitcoin reaches the $20k level I also want the altcoin to go up, like they did back 2017, that was the glory day of altcoins and I wish we have a repeat.

Repeat is never going to be a question, because it will eventually going to happen again, the question is when.
Predictions like these are made as an attempt to manipulate the price for making the people believe in such price movement, specially when a well known personality in the field of cryptocurrency like him is giving out their predictions. Thus, a lot of people will tend to follow these predictions.

In my personal pv, I don't want to believe in this bullish prediction, specially that we're still facing a global economic and health crisis. Though it may never had a direct effect in cryptocurrency, but It can somehow hinder a possible bullrun.
2021 will be the most favorable time for Bitcoin to hit new heights.

[LogitechMouse]

Bloomberg analysts or whoever analysts they are, their prediction are technically useless or maybe just for some hype though but I don't think that it will happen.

Regardless of whoever these so-called analysts are, just take what they are predicting as a grain of salt because even an ordinary shitty person can predict the price of Bitcoin too for this year. I can say that it can go up to $1000 or it can go up to $100000.

[bitgolden]

It is definitely not a question of "if" but a question of "when" but this year is as good as any. Look at the yearly cycles there is always a raise a bit after the halving. Not right away, not a moment later but after a while there is an increase for sure. I think the year 2020 could be a good year for increase but I think early 2021 looks to be a bit more prime for increase as well.

I would say having 20k in 2021 is more possible. Plus there will be ethereum staking option as well which would increase ethereum purchases which means there could be a lot more money coming into crypto world and that could mean bitcoin might increase as well. That is why I think 2021 is the year when we reach 20k and go beyond finally, break all time high and create a new one on top of that.

[ancafe]

Well I can not tell if bitcoin can reach again $20,000 by the end of this year because the world is still struggling of the virus so I'm still doubt of it.

indeed it is very difficult to expect that. in fact, at the moment the price of bitcoin is so difficult to reach the price of $ 10,000. price is not stable, even now the price of bitcoin is still trying to maintain the price at the level of $ 9k. however, I still believe that the next pump will bring the price of bitcoin beyond the price of $ 10k, and be stable there.

[michellee]

Well I can not tell if bitcoin can reach again $20,000 by the end of this year because the world is still struggling of the virus so I'm still doubt of it.

indeed it is very difficult to expect that. in fact, at the moment the price of bitcoin is so difficult to reach the price of $ 10,000. price is not stable, even now the price of bitcoin is still trying to maintain the price at the level of $ 9k. however, I still believe that the next pump will bring the price of bitcoin beyond the price of $ 10k, and be stable there.

Let say bitcoin price doesn't have a chance to increase in this month, but in the next months, bitcoin will have those chance to increase. We don't know the truth, but we can prepare for that time by buying more bitcoin while we can and hold it, or we can let it flow like water, so if the price can increase tomorrow, we can sell it right away. But if we do that, we don't have much profit because we don't invest more to make a bigger profit.

[lienfaye]

[quote author=gina1980 link=topic=5255738.msg54623366#msg5
It's the same with every single price prediction ever. It doesn't matter. Price predictions are completely pointless regardless who made the prediction.

Indeed. It doesnt guarantee anything, it can happen or the opposite,  so not a reliable way to determine the next price of bitcoin regardless what basis he has.

The price will reach $20k in the future, im certain about that but we cant predict the specific month or year on when it will going to happen. Thus lets keep holding if you truly believe in bitcoin.

[CoinFoxs]

Bitcoin has an ability to touch 20k$ again as we all witnessed that bitcoin dropped from almost 22000$ back in 2018, bitcoin will grow this year but I personally think it will cross 13k$ to15k$. The max price for this year will be 15000$ may i will be wrong but that is what i am predicting.

[YOSHIE]

https://blog.coinbaazar.com/bitcoin-prediction-2020/

Everyone can analyze, predict Bitcoin in the future, up and down, the main thing is for yourself, in believing the price of Bitcoin in 2020.

Anything can happen to Bitcoin, let alone $ 20,000 to $ 40,000 can happen, if you believe, for that you have already bought and invested Bitcoin to look forward to raising prices in 2020...! This is the basis for you, how this prediction is correct and you do not have a bitcoin balance in your wallet to sell. Very dear.

If, you only want to display the link: (prideksi) provide information about predictions and you yourself haven't done anything for Bitcoin this year, it will be a loss for yourself.
Do something that can make you change this year, if what you display becomes reality.

[Janation]

I hope all reading the blog  completely because its clearly mentioned , because according to the analyst there is a clear indication if it follows the 2016 trend . Well i agree that this is one of the speculations , but we need to keep in mind that bitcoin was always been predicted on public sentiments and its acceptability .

We can read a lot of articles but we can't say that it can always be predicted.

Bitcoin is quite unpredictable for a while now though there are some points where it is predictable, there are most of those times that it is not. All we can do now is to be patient and be alert with the price chart changes. This would give us indicators that can tell us what we need to do and what should we avoid to happen.

[yohananaomi]

Bitcoin has an ability to touch 20k$ again as we all witnessed that bitcoin dropped from almost 22000$ back in 2018, bitcoin will grow this year but I personally think it will cross 13k$ to15k$. The max price for this year will be 15000$ may i will be wrong but that is what i am predicting.

I strongly agree with your prediction, that bitcoin will reach its best point next year if you look at the previous halving experience. maybe for this year it will move rather slowly to go up and continue to experience a state of ups and downs which finally at the end of the year begins to peak moving upward. a reasonable prediction if the range that bitcoin will experience at the end of this year is $ 13K-S15K. next year's peak is my prediction the price of bitcoin will surpass when in 2017.