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 ...PLEASE READ THE COMPLETE BLOG TO KNOW ON WHAT BASIS THIS PREDICTION IS DONE .
 
https://blog.coinbaazar.com/bitcoin-prediction-2020/


https://www.coinbaazar.com

https://www.youtube.com/watch?v=ID1QNBEuKkY



coinbaazar app from google play store  -- https://play.google.com/store/apps/details?id=com.nobillio.coinbaazar


Also you can check --- https://blog.coinbaazar.com/what-is-defi/

[1715253480]

1715253480

[1715253480]

1715253480

[1715253480]

1715253480

[1715253480]

1715253480

[Sebas.tian]

^°^ This should be move to speculatives board and not the bitcoin discussion board. The price of Bitcoin can't be determine by anyone, thus has been proven several times by bitcoin. The whales have been in the big game of dump and pump, we all know that the price of Bitcoin will surge but for anyone to give the amount is somehow impossible. Hope we see a good pump this time of the year because it is overdue.

[mk4]

READ THE COMPLETE BLOG AND SHARE YOUR OPINION ....WHAT U THINK

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

[boyptc]

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.

[joinfree]

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

[Jating]

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/

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]

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 .

[BrewMaster]

once again bitcoin price is not making any move outside of a fixed range (between $9k and $10k) and low quality websites like the one that OP owns are running out of "news" to write about so they have to make stuff up or quote random idiots on the internet who make guesses about bitcoin price.
not a single one of them have any vavlue nor are predictions.

[gina1980]

once again bitcoin price is not making any move outside of a fixed range (between $9k and $10k) and low quality websites like the one that OP owns are running out of "news" to write about so they have to make stuff up or quote random idiots on the internet who make guesses about bitcoin price.
not a single one of them have any vavlue nor are predictions.

let me make few things very clear to you ...

1) i dont own this website , i just read their blogs , because i found to be interesting and  informative .

2) These are not the predictions by people like you and me , its from the big time analyst's .

3) These people make claims on studies and past experience , not like you without credibility u just said 9-10 k what if more or less than that .

[m.nauman169]

Since the day Bitcoin was created its price has increased from cents all the way upto $19k-20k but due to pandemic financial markets are crashing so i think there is no chance that the price would be double by the end of 2020. The price of bitcoin always remained volatile as Wences Casares who is a board member at PayPal predicted that price of 1 BTC would be $1 million by next 5-10 years but this can't be determine by anyone.

[Twentyonepaylots]

Most financial markets are crashing and the entire crypto market does not look good.

Well to be honest, after all of these market crashes, only the cryptocurrency market looks good for now. You see, bitcoin is thriving in $9K range to sit and set the resistance after $10K, alternative coins are growing and becoming more active these days. If you would compare it to the stock market? it is way more ahead for now.

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

I agree, $10k - $15K seems more realistic for this year since we have been resisting it for too long in the $9K but I will not be surprised if I woke up in the morning with bitcoin's price in the moon.

[Ulven]

Most of us would like this to happen, But the price movement knows sharp fluctuations from time to time.
We have seen several times previously the market is not stable!!The world is going through a real health crisis this year, I do not think that we will see any significant change in the price of bitcoin,  We will wait next year maybe it will be bright.

[Darooghe]

Bitcoin has been very volatile over the past days with a few days of great gains followed by several days of losses which is very confusing to us who are trying to set up trades. Don't forget Bitcoin is not a stable currency. It is difficult to give precise information on when the price will rise and fall. However, The price of bitcoins is being wished to go to the moon or pump massively by all investors and holders, I'm also wishing the price to pump but no one knows the future let's be wise as we are hoping for this to take advantage of the current price pumps.

[harizen]

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.

[adaseb]

For the last week or so you can clearly see the direct correlation to the equities market. Which is pretty much what caused the drop back in Feb-March 2020. Hence alot of BTC futures is based that its considered a risk-on asset. So basically whatever happens to the stock markets short term will project to the crypto markets.

We were in a bearish trend and it got reversed by the jpow to purchase corporate bonds. So it looks like fed will do anything to prevent the stock market from crashing and in return this prevents bitcoin from crashing at least in the short term.

[exstasie]

For the last week or so you can clearly see the direct correlation to the equities market. Which is pretty much what caused the drop back in Feb-March 2020. Hence alot of BTC futures is based that its considered a risk-on asset. So basically whatever happens to the stock markets short term will project to the crypto markets.

I agree 100%. Stocks and BTC dumping and recovering together this week made that obvious.

We were in a bearish trend and it got reversed by the jpow to purchase corporate bonds. So it looks like fed will do anything to prevent the stock market from crashing and in return this prevents bitcoin from crashing at least in the short term.

Do you think this can continue indefinitely? At what point (if ever) will the market become skeptical about holding shares of increasingly leveraged companies in this low inflation and low growth environment?

I do wonder about the possibility of another event like the March crash. Is the market capable of bucking the Fed and doing something like that again?

[casperBGD]

We were in a bearish trend and it got reversed by the jpow to purchase corporate bonds. So it looks like fed will do anything to prevent the stock market from crashing and in return this prevents bitcoin from crashing at least in the short term.

Do you think this can continue indefinitely? At what point (if ever) will the market become skeptical about holding shares of increasingly leveraged companies in this low inflation and low growth environment?

I do wonder about the possibility of another event like the March crash. Is the market capable of bucking the Fed and doing something like that again?

do agree that the market is high, but there is a lot of money printed by FED, and there are not enough good opportunities for investment, so institutions are going for stock market and real estate, construction industry is booming again, and with corona and new found "work-from-home" for everyone, who would need that many business districts, when workers will work from home, that need to be changed and at the moment there is no idea how, for a long time - high-rise building was a setup for a company to prove how successful it is, especially banks, insurance and similar, and they need new symbols now

[Yaunfitda]

once again bitcoin price is not making any move outside of a fixed range (between $9k and $10k) and low quality websites like the one that OP owns are running out of "news" to write about so they have to make stuff up or quote random idiots on the internet who make guesses about bitcoin price.
not a single one of them have any vavlue nor are predictions.

let me make few things very clear to you ...

1) i dont own this website , i just read their blogs , because i found to be interesting and  informative .

2) These are not the predictions by people like you and me , its from the big time analyst's .

3) These people make claims on studies and past experience , not like you without credibility u just said 9-10 k what if more or less than that .

1. Yes, you don't won the website, but its shitty to be quoted as source, to be honest
2. But you can make your own prediction like those people
3. Similarly, you can also make studies base on past historical logs, they are all over the internet. You can even check coinmarketcap for it. $9k-$10k short term prediction is what everyone sees.

[gina1980]

Do you really think all people who deal in crypto have so much time to study , and even if i do it , whats the use because people who analyse such trends have gone through all the research , and prepare and publish such stuff for people like us .  Moreover its not from any random person , its what bloomberg analyst feel afterall ... and i am sure we all believe they are much smarter than you and me together.. I would really appreciate if you could read the complete blog and then post your comments. Its informative and give people a chance to thought of the possible scenarios.

[Raflesia]

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.