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Author Topic: Bitcoin prediction 2020  (Read 2087 times)
Sebas.tian
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November 25, 2020, 03:09:42 PM
 #161

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.
That was an accurate prediction by the analyst but little did he know that the price of Bitcoin will surpass the predicted price. For now i could give the predictor some attention for this wonderful prediction he did, but notwithstanding, Bitcoin price can't be determine by any of these analyst sincerely speaking. Although at the moment we can't say where Bitcoin price will likely hit before the end of 2020 but possibly we may see something close to $22k.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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November 25, 2020, 03:45:49 PM
 #162

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.
~

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 .

My pleasure, I understand that hard to believe what you can't see before your eyes or it's too far to achieve in a short time, such as the predictions that say Bitcoin will hit $50k in December 2020. However, within 6 months in the bitcoin market, many things could happen, hence $50k in mid-2021 more likely to be accomplished.
Meanwhile, let's focus on the next target at $20-$25k and enjoy the rally until the end of the year.
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November 26, 2020, 07:43:37 AM
 #163

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.
That was an accurate prediction by the analyst but little did he know that the price of Bitcoin will surpass the predicted price. For now i could give the predictor some attention for this wonderful prediction he did, but notwithstanding, Bitcoin price can't be determine by any of these analyst sincerely speaking. Although at the moment we can't say where Bitcoin price will likely hit before the end of 2020 but possibly we may see something close to $22k.

Please read the complete blog, according to the blog analyst , the bitcoin may reach to 28k by the year end.
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November 26, 2020, 03:41:23 PM
 #164

Guys also you can check a really important and hot topic DeFi

What is DeFi and why is it the hottest ticket in cryptocurrencies?

https://blog.coinbaazar.com/what-is-defi/
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November 28, 2020, 06:41:04 AM
 #165

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.
~

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 .

My pleasure, I understand that hard to believe what you can't see before your eyes or it's too far to achieve in a short time, such as the predictions that say Bitcoin will hit $50k in December 2020. However, within 6 months in the bitcoin market, many things could happen, hence $50k in mid-2021 more likely to be accomplished.
Meanwhile, let's focus on the next target at $20-$25k and enjoy the rally until the end of the year.

You know it will reach 20-25k is one thing , and to sustain that level is another , most of the time when btc goes up , we have seen the trend that it drops down instantly , without maintaining that level . So in my opinion even if it reaches 15-20k in the year end , the major point is it should sustain that level. So people will not think cryptocurrency as bubble.
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December 05, 2020, 04:16:32 PM
 #166

Oddly enough, but the prediction shown in the first post turned out to be correct  Cool
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.

yeah the prediction is bang on ...without an iota of doubt ...this is a result of proper research and knowing market trends
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December 28, 2020, 11:22:03 AM
 #167

I never knew before sharing this blog , it would make sense to the best of its prediction . bitcoin has finally reached $28000 , an almost exact figure mentioned in this blog.
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December 28, 2020, 11:38:59 PM
 #168

What an incredible prediction that has been made, indeed the price of $ 20k for bitcoin is very important, because resistance is at $ 20k and thank goodness bitcoin was able to answer it correctly, bitcoin hit a new all time high at $ 23k then set a new record again to $ 28k and now things are still bullish, maybe later this year we'll see $ 30k!

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December 30, 2020, 03:07:12 PM
 #169

Within few years time we're reaching the last day of the year 2020. Right now bitcoin has marked its ath value above $28000. If the market is so supportive there is more possible chance of price reaching above $30k. 2020 is really a big year for the entire world. As a bitcoiner it was fruitful, but as a common man we've learned big out of the pandemic.

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December 30, 2020, 03:45:01 PM
 #170

less than 2 days 2020 will end, and my prediction for this year is that the Bitcoin price will reach $ 30k,
yes, even though we know the resistance price has not yet been broken, we are still monitoring, hopefully that can happen.

It could achieve 30k or may be near as it is now at 28200$. It is falling back after 28500$ so not able to find resistance beyond that levels currently. Believe that if it can break 28500 then might stop at 30k. With almost 1.5 days left anything is possible and above 28k is a good price for this year to end.

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January 15, 2021, 11:45:33 AM
 #171

Good to see bitcoin finally going to sustain the resistance ... lets see how it goes this year .
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January 24, 2021, 08:10:35 AM
 #172

GOOD NEWS GUYS ...   blog.coinbaazar.com , now have the feature of chat room to discuss , dedicated for crypto enthusiast , join now before it gets full or you will have to wait for other to join ,

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