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Author Topic: Bitcoin prediction 2020  (Read 2156 times)
reliable
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August 08, 2020, 12:21:28 PM
 #101

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.


Bitcoin continues to move up and this year it has crossed 10k after long time. It was good to see that it even crossed 12k levels and came down though, but still it is at currently at 11800$. Quite possible that it can test 12k again and might cross that levels as well.

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August 08, 2020, 04:33:25 PM
 #102

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.


Bitcoin continues to move up and this year it has crossed 10k after long time. It was good to see that it even crossed 12k levels and came down though, but still it is at currently at 11800$. Quite possible that it can test 12k again and might cross that levels as well.


There is still plenty of time for bitcoin to pass $ 12K and to continue moving upwards, but to go down is also possible. although experiencing a decline in bitcoin will be able to quickly correct it so that it can return to its goal of being able to lead to an increase.

$ 15K is not impossible for bitcoin to be achieved by the end of 2020, and will continue to increase until 2021. If indeed the end of 2020 there is a value of up to $ 15K, then there will be a sharp increase from bitcoin in 2021.
we will wait for the results with full confidence and continue to invest your capital in bitcoin.

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August 09, 2020, 01:33:46 PM
 #103

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.

It will be a great era of bitcoin if most of the country accept bitcoin as their legal currency. People will show their interest to add with bitcoin and for this reason bitcoin will reach on big price.

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August 09, 2020, 04:08:06 PM
 #104

It will be a great era of bitcoin if most of the country accept bitcoin as their legal currency. People will show their interest to add with bitcoin and for this reason bitcoin will reach on big price.
This is very difficult to achieve, because it would be against the regulation of a country. I hope bitcoin and fiat will continue to exist for a long time without disturbing each other. Bitcoin is still in its infancy and I believe that not all element of society in a country can use it as currency. There are many stage to develop and now I think its still a work in progress. Even though bitcoin is very valuable, to ordinary people I think its useless.

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August 09, 2020, 07:01:26 PM
 #105

I think Bitcoin is going through the parabolic phase of the year where we can expect such unbelievable spikes in price and no doubt we can see a $20k 'or at least $14k this year'. Everyone has been so bullish about BTC and that is because the key level resistance got broken, now let us hope this doesn't stop before $20k.
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August 10, 2020, 08:01:25 AM
 #106

I think Bitcoin is going through the parabolic phase of the year where we can expect such unbelievable spikes in price and no doubt we can see a $20k 'or at least $14k this year'. Everyone has been so bullish about BTC and that is because the key level resistance got broken, now let us hope this doesn't stop before $20k.
however, bitcoin's current price is already several over the $ 12k wall, and raising the price to $ 2k within a few weeks is not impossible. I also thought the same thing, when the price of bitcoin has increased by more than $ 14k, then the price of $ 20k is not a difficult thing to achieve.

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August 10, 2020, 12:55:06 PM
 #107

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.
Given that the market is unpredictable in its nature, predictions and speculations are simply subjective opinions. These are things which are not new in this industry. Whenever the market value is moving upwards, people will suddenly conclude that "it will reach $100,000" and the likes. The market value is not consistent and there will always be a tendency for its value to fall in a sudden. Actually, assumptions are not wrong but it is quite annoying especially if their speculations are far from the reality or the market value at the moment.
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.

But Gold and Bitcoin are different in many aspects ; market price, rate of increase, usage, availability and usage through various countries.
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.
let us all hope that the price increase will be continuous. But the era of bullish run is a bit questionable still, at this moment, knowing many economies are facing problems at this moment which could affect the price of cryptos.
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August 11, 2020, 01:49:34 PM
 #108

I think Bitcoin is going through the parabolic phase of the year where we can expect such unbelievable spikes in price and no doubt we can see a $20k 'or at least $14k this year'. Everyone has been so bullish about BTC and that is because the key level resistance got broken, now let us hope this doesn't stop before $20k.
however, bitcoin's current price is already several over the $ 12k wall, and raising the price to $ 2k within a few weeks is not impossible. I also thought the same thing, when the price of bitcoin has increased by more than $ 14k, then the price of $ 20k is not a difficult thing to achieve.
I believe that we still have to wait for the real consequences of the 2020 halving, which should not begin to appear, perhaps in July 2021, before starting to build negative predictions for the future. According to the historical halving record of previous years, we have yet to see their outstanding impact. I believe that the current rise in Bitcoin prices is only at the very beginning of its renaissance.
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August 11, 2020, 02:30:49 PM
 #109

Just like what happen last bitcoin halving from 900$ - 20,000$ in just a year,  now were on 11,000$ so maybe the price of bitcoin will be around 25,000 to 30,000$ starting the first month next year.

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August 13, 2020, 06:27:47 AM
 #110

THe rise that year and previous was subject to much doubt and quite harsh sell offs, it kind of made sense (the rising wall of worry is name for this market phenomena) and there was the news of the big split in the blockchain and ban by China yet it rose anyway.   Imo it was partly down to high transaction fees, it affected liquidity by discouraging movement just hold and a bulk decision to sell or not.    Its bad for BTC overall to suffer congestion like that so I hope it doesnt reoccur and probably we get something a bit different as I observe many times the price just drifts.   This feels alot different to me, I'm not as bullish in 2020 as I was in 2017 when we could see a clear rising series of lows that burst into positive action, patterns now Im not as sure on.

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August 13, 2020, 07:18:57 AM
 #111

THe rise that year and previous was subject to much doubt and quite harsh sell offs, it kind of made sense (the rising wall of worry is name for this market phenomena) and there was the news of the big split in the blockchain and ban by China yet it rose anyway.   Imo it was partly down to high transaction fees, it affected liquidity by discouraging movement just hold and a bulk decision to sell or not.    Its bad for BTC overall to suffer congestion like that so I hope it doesnt reoccur and probably we get something a bit different as I observe many times the price just drifts.   This feels alot different to me, I'm not as bullish in 2020 as I was in 2017 when we could see a clear rising series of lows that burst into positive action, patterns now Im not as sure on.
I think that worry is understandable because everyone also hopes a lot from bitcoin, but I am still very optimistic that bitcoin will continue to improve and continue to be the best. I see from the past halving that happened and maybe it will also happen but not this year but will happen in 2021. If based on the halving it is possible that the increase will be sharp. wait patiently ....

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August 23, 2020, 03:57:59 PM
 #112

Bitcoin is known for it's unpredictability.No one can predict exactly that what will be it's price at the end of this year. Undeniably, 2020 so far has been a good year for bitcoin and in my opinion some positive growth will be seen in it's price in the coming months but it will take time to reach $20,000. Maybe in the starting or mid of 2021, it can hit the $20,000 mark. Let's hope for the best.
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August 24, 2020, 07:13:20 PM
Last edit: August 25, 2020, 02:41:57 PM by HiringYou
 #113

Bitcoin is known for it's unpredictability.No one can predict exactly that what will be it's price at the end of this year. Undeniably, 2020 so far has been a good year for bitcoin and in my opinion some positive growth will be seen in it's price in the coming months but it will take time to reach $20,000. Maybe in the starting or mid of 2021, it can hit the $20,000 mark. Let's hope for the best.
If 2020 is the best year or the year of best recovery and with the positive achievements so far, at least for 20k is a target that might be achieved in the near future, maybe like at the end of this year. The trend that occurred from the first quarter to the third quarter can at least be said to be very positive, because although previously there was a big dumping due to the panic from the pandemic but because of the positive trend this year, at least the crypto market can even recover quickly and with this good trend at least there will be a move for the better at the end of the quarter.
I agree with you mate. The recovery rate has been quite adequate in the first three quarters but $20K is still a high mark to achieve.Not much variations are observed in the price from last 20-25 days.It is yet to cross the $12K mark. As I said, a positive growth will  surely be seen in the last quarter but I don't think it will hit $20K at the end of this year.
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August 26, 2020, 04:29:39 AM
 #114

I think it's just a prediction and no one guarantees that his words are true, everyone even has their own predictions, nothing is really right unless the predictions are correct and will be recognized.
otherwise it will just pass away as it is past.

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August 28, 2020, 05:01:52 AM
 #115

Predictions are meant to be true or false , but we should not digress from the issue that any kind of prediction in the world , is based on some past analysis , i dont care personally even if , according to this article if it does not pass or reach $20k , then also its ok , because according to me the main objective is we have a very positive signs coming soon , if the article would have written that it will reach 1K , i would be worried , but since its showing positive signs ,it means more reach  and more acceptance of digital currency around the globe, and  so much to gain rather than losing faith.
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August 28, 2020, 05:43:27 AM
 #116

Predictions are meant to be true or false ,
Exactly what it is meant to be,because no one really knows what will happen next what we have only is to at least speculate what will comes to our way.
but we should not digress from the issue that any kind of prediction in the world , is based on some past analysis , i dont care personally even if , according to this article if it does not pass or reach $20k , then also its ok , because according to me the main objective is we have a very positive signs coming soon , if the article would have written that it will reach 1K , i would be worried , but since its showing positive signs ,it means more reach  and more acceptance of digital currency around the globe, and  so much to gain rather than losing faith.
Just continue what you are doing and forget those critics,it is not you who will suffer if the prediction comes true and if they did not even invest.

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August 28, 2020, 01:09:19 PM
 #117


Just continue what you are doing and forget those critics,it is not you who will suffer if the prediction comes true and if they did not even invest.

That's true provided that you believe in the hype and put everything you've got in the coins you've believe, the market is highly volatile we never know where it's heading even if we want to shut off the critics we still need to get the right movement of the price, sometimes critics give us the best condition of the market.

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August 28, 2020, 01:47:21 PM
 #118


Just continue what you are doing and forget those critics,it is not you who will suffer if the prediction comes true and if they did not even invest.

That's true provided that you believe in the hype and put everything you've got in the coins you've believe, the market is highly volatile we never know where it's heading even if we want to shut off the critics we still need to get the right movement of the price, sometimes critics give us the best condition of the market.
First of all, you need to take a meaningful approach to your work and take into account not only the market analysis, but also the relevant patterns, such as the historical halving performance of 2012 and 2016, a year later. At least every investor who prefers long-term investing can be confident that the results of the halving 2020 will be the same.
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August 28, 2020, 03:37:49 PM
 #119

I think it's just a prediction and no one guarantees that his words are true, everyone even has their own predictions, nothing is really right unless the predictions are correct and will be recognized.
otherwise it will just pass away as it is past.
Anyone could predict on bitcoin price as this is granted in this industry that many users are waiting for the bull run to happen. It just a prediction and many people has it's different assumptions when it comes to the price. So let's see truly if what price this bitcoin will heading.
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August 28, 2020, 04:48:38 PM
Last edit: September 09, 2020, 05:15:33 AM by Nazmul012
 #120

The point is, bitcoin can't jump from $10k to $20k without any indication. I mean There are some steps and indications that have to followed by bitcoin. no doubt bitcoin is going to pump in upcoming days but it would be so difficult for btc get twin of its current price. I think, bitcoin price could be raise $15k something at the end of 2020
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