Bitcoin prediction 2020

[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.

[mace15]

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.

No one is confused it’s the same prediction by others. Many of us can predict the bitcoin price that it may reach an all time high again but the point is we're not certain when it will happen. So, of course, we're waiting for the bull run this year or so the following year.

[coolcoinz]

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.

[Onuohakk]

Everyday round, different speculation from different individuals about bitcoin price. None of their predictions has come past yet. Crypto market is unpredictable to state  bitcoin end of the year price. This is the Q3 of the year,  bitcoin is still struggling to exceed above $10k. Is it possible for bitcoin to skyrocket above it ($10k) in spite of the pandemic? On what ground will it?

[uneng]

Everyday round, different speculation from different individuals about bitcoin price. None of their predictions has come past yet. Crypto market is unpredictable to state  bitcoin end of the year price. This is the Q3 of the year,  bitcoin is still struggling to exceed above $10k. Is it possible for bitcoin to skyrocket above it ($10k) in spite of the pandemic? On what ground will it?

I think it will stay where it is. And that isn't bad news considering coronavirus and all the complications it brought to the world. If we look march bitcoin crash, how it recovered since then and how stable it is now we should be already celebrating.

[Reatim]

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.

Even if its an old scenario Bloomberg prediction can be adopted still these days because there are some analyst that think Past can happen again .

There are some thread i crossed recently that saying we are repeating what happens few years ago.
so there are no confusion  instead this is a healthy discussion .


and i also believe that all prediction are valid until it happens,because in hits volatile market all we need is to have some booster and posts like this is counted as one.

[pilosopotasyo]

^°^ 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.

Of course we all want the price to move, people are doing a lot of prediction there's nothing wrong on this we as an investors had it's own analysis that we want to share but at the end of the day, it's all speculative and the market movement is still volatility, and we need to do our own research and only consider other people's analysis if it is the same with ours.

[rodskee]

^°^ 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.

Of course we all want the price to move, people are doing a lot of prediction there's nothing wrong on this we as an investors had it's own analysis that we want to share but at the end of the day, it's all speculative and the market movement is still volatility, and we need to do our own research and only consider other people's analysis if it is the same with ours.

It's all speculative and depends from how the market will proceed, there are many
predictions and most are depending to own assessments.
Everyone wants to see the progressive market and the benefits that it brings to each
investors pockets.


Your own research will qualify you to have your own predictions, it will all depends from
your deeper research and assessments.

[elisabetheva]

Everyday round, different speculation from different individuals about bitcoin price. None of their predictions has come past yet. Crypto market is unpredictable to state  bitcoin end of the year price. This is the Q3 of the year,  bitcoin is still struggling to exceed above $10k. Is it possible for bitcoin to skyrocket above it ($10k) in spite of the pandemic? On what ground will it?

I think it will stay where it is. And that isn't bad news considering coronavirus and all the complications it brought to the world. If we look march bitcoin crash, how it recovered since then and how stable it is now we should be already celebrating.

I firmly believe that bitcoin will be able to break through the $ 10K figure and that has already happened even though it finally dropped back.
and no one can hold that bitcoin will be able to break through another $ 10K, it is a necessity and it be realistically.
indeed the momentum to move up to penetrate this sat has not happened if it can penetrate and can last long enough above $ 10K, it will not be impossible by the end of 2020 bitcoin can be in the range of $ 15K.

indeed many people say that the corona pandemic affects the movement of bitcoin, but I have not seen that and bitcoin has remained standing upright in a safe position until now and is not affected to be able to go down drastically.
to go down $ 8K bitcoin there is still a possibility but it will not be long before he will rise again in his current position.

[sana54210]

indeed the momentum to move up to penetrate this sat has not happened if it can penetrate and can last long enough above $ 10K, it will not be impossible by the end of 2020 bitcoin can be in the range of $ 15K.

Even with respect to the current situation and market scenario, I'm not seeing any problem for bitcoin to be reaching $15k-$18k-$21k by end of this year. Moreover everything is set to get bitcoin into a stronger bullish trend in coming months. So, breaking up the biggest psychological level around $10k will not be a big thing in coming weeks and then going through into FOMO to get into new ATH.

indeed many people say that the corona pandemic affects the movement of bitcoin, but I have not seen that and bitcoin has remained standing upright in a safe position until now and is not affected to be able to go down drastically.

It managed not going down but we need to agree that pandemic impacted into bitcoin market and that is the reason we are having stagnant market right now. Bitcoin market has been trading too stable for around three months even it is good for most people, I believe this is not something usual for most of the bitcoiners; they simply want high volatility to make use through derivative exchanges.

[gina1980]

Finally Bitcoin surpassed 10k ... it break the barrier , lets see if this sustains to grow well , as markets around the world are opening slowly , it might get pumped , who knows .

[TheGreatPython]

I believe there will not be a huge increase but there will be some increase toward end of 2020. It would probably even drop back down as well, first it will be going above $11k a bit, not reach $12k and be like $11.8k or so after that it will drop under something like $9k to be $8.4k or so and it will go back to what it is today, somewhere between $9-10k and it would be definitely staying like that.

In the end of the day we are talking about nothing huge, definitely a change that would allow traders to make as much profit as they can with the volatility and can trade up and down to make the maximum profit out of it, but for the investment side of things, it is not going to help you out a lot, just 10% profit or so and that is not bad at all but not amazing unbelievable levels neither.

[STT]

For me the story in 2020 is how far do we progress rather just hold for greater development in 2021.   We've gone a long way from the bottom, all the way back to highs of last summer so I'd wondering if thats the full range or we have a greater story to traverse in this year still.   I never expect everything to happen all at once like that, I do expect more confirmation of these prices and lower prices still before higher occurs.
   Thats just general principle, some trader was pointing out the likelyhood of silver and gold charts while near vertical continuing to do so and the probability is far lower.    Yea it'll likely get higher, we got variety of reasons but rarely do things happen in a simple way without further detail added, we always have sellers and people who need to withdraw, pay off leverage etc.  Market will test all positions.

[Zemomtum]

Id nothing at all, BTC will at least reach $17k before the end o this year based on its current move which shows a momentum of a strong trend. The era of the bull run is gradually approaching.

[Rana590]

Crypto currency is unpredictable and you can't predict correctly but probably it will reach $15000-$18000 very soon.

[Tamim121]

Bitcoin price is now so much volatile. It is too much tough to predict on Bitcoin. But in my opinion Bitcoin will reach $15k very soon. Because Bitcoin is so much potential.

[elisabetheva]

Id nothing at all, BTC will at least reach $17k before the end o this year based on its current move which shows a momentum of a strong trend. The era of the bull run is gradually approaching.

what you predict seems too high but in the end we also have to admit that in crypto, it can happen. but my prediction $ 15K is worth the price.
I totally agree that bitcoin will increase until the end of this year, and it doesn't stop this year. 2021 is a prediction that bitcoin will reach its highest value, which month it will be difficult to determine. but December is a month that is highly anticipated and usually bitcoin always gives its own surprises.

everyone is waiting for the bitcoin moment to increase because with the increase in bitcoin it will also impact all altcoins, of course not for altcoins that are just growing in the market today. because the new altcoin is not very good as a reference to be bought or stored as an investment, obviously it will do more harm than good. better to invest against the highest ranking altcoin.

[bitbunnny]

Bitcoin users are waiting for some big positive price movement for quite a while now. That is why some predictions are exaggerated and some are even losing patience. This last price rise woke up optimism and some even think the bull run has already begun.
I'm not convinced in that and although for now Bitcoin price is managing to stay above 10000$ and even slowly grow further that doesn't mean it will remain so. For me this is still not a sign of continuous price growth that would lead to 15000$ or more. For now I stay with conservative predictions that includes corrections.

[whyrqa]

The closure of many industries around the world, as well as the decline in the levels of the world economy, cause a lot of problems and therefore the governments of different countries begin to print paper money at a frantic speed to stimulate the stock market. But in the end, this situation generates unheard of resentment among investors who want to protect their capital. Today, many investors are even closing their gold positions in favor of cryptocurrencies, especially Bitcoin. I believe that the growth of Bitcoin over the last period speaks precisely to the fact that attracting new investments will continue and therefore 2020 will be a very successful year for the entire cryptocurrency market.

[bangkecol]

I believe bitcoin in this year will moving up. The technology of blockchain will adopted in several countries.
Then , The trend of gold is same with the bitcoin. The chart is very bullish.