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Author Topic: Will bitcoin touch $15K till end of 2020?  (Read 838 times)
AjithBtc
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July 30, 2020, 10:42:17 PM
 #61

There is still higher prediction about Bitcoin price, I didn't predict too high price but I believe that bitcoin should touch or Crossed $15K Till end of 2020. What's your prediction about it ? Is it happen or not?

We have seen this question happen again and again when the price goes up.
If we are going to hit 15k depends on the current state of the economy. So, if a lockdown happens again all around the world during October the price is going to drop and we will not hit 15k.
It is really very difficult to predict something, especially if you take into account the statement of scientists who are preparing the world with information about a possible second wave of coronavirus. The economic indicators of many countries are very poor and this is very strong in the cryptocurrency market too. Nevertheless, recently we can observe positive results of Bitcoin over the past six months, and in relation to Ethereum, since July 2019, ETH has reached $ 326 for the first time. therefore, it is completely possible for Bitcoin to reach $ 14,000 or $ 15,000 by the end of 2020.

i don't think there will be a "second wave" of this virus, there is only the increased cases of those infected that has been speeding up and the world is learning to adapt to the new situation and the effects won't be the same as the initial impact when everyone panicked.
in fact this resilience is the main reason why bitcoin resumed its rise and consequently some of the altcoins are showing gains because of bitcoin price rise.
Slowly people were getting used to it. This way even a second wave of coronavirus won't be considered severe by the people. Even now countries around follow certain lockdown restrictions, but those aren't same as the initial days. Slowly everything is getting to normal functioning, This situation adds some speculative price move on bitcoin and the same is getting continued.

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July 31, 2020, 02:48:10 AM
 #62

Everything so far looks like it is quite possible, if the improvements on the infrastructure of bitcoin and the hype around it that it could be potentially a world poverty ending type of deal continues, there will never be a stopping of bitcoin, sure there will be times when it slows down, goes down and so forth, but in the long term bitcoin looks like it will always go up.

Look at the situation right now, it is actually doing quite awesome and I do enjoy the increases, we are above 11k and that means we moved 2k so far already, and if we get another 2k that is 13k and another 2k that is 15k. Considering it took us only 3 days to move 2k, technically speaking same 3 days 2 times more and we are at 15k, we just need less than a week to reach to that 15k level if we do go up that much.

at least we're seeing a very attainable price level here. tbh, $15k is very achievable in the next few months. but dont get all our hopes here.
in crypto, theres a lot of thing that can happen in a 24hr period. but nevertheless, bitcoin's price is bound to increase. just a matter of time when we will see again this ATH
 as adoption is growing, and crypto going popular, we will be seeing positive movement in the coming months...

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July 31, 2020, 04:20:30 AM
 #63

Everything so far looks like it is quite possible, if the improvements on the infrastructure of bitcoin and the hype around it that it could be potentially a world poverty ending type of deal continues, there will never be a stopping of bitcoin, sure there will be times when it slows down, goes down and so forth, but in the long term bitcoin looks like it will always go up.

Look at the situation right now, it is actually doing quite awesome and I do enjoy the increases, we are above 11k and that means we moved 2k so far already, and if we get another 2k that is 13k and another 2k that is 15k. Considering it took us only 3 days to move 2k, technically speaking same 3 days 2 times more and we are at 15k, we just need less than a week to reach to that 15k level if we do go up that much.

at least we're seeing a very attainable price level here. tbh, $15k is very achievable in the next few months. but dont get all our hopes here.
in crypto, theres a lot of thing that can happen in a 24hr period. but nevertheless, bitcoin's price is bound to increase. just a matter of time when we will see again this ATH
 as adoption is growing, and crypto going popular, we will be seeing positive movement in the coming months...
It can be achievable as long as the price consolidate above $10,000. It is good to see that the price managed to breakout. Right now, the speculations and the hype is now all over the cryptocurrency market because of the price surge happened in both Bitcoin and ethereum. I'm a short term trade so I do not have any idea about what will hapen to the price of the bitcoin by the end of the year but I'm sure that there will be a monstrous rally if the price managed to surpass the 52 week highs.
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July 31, 2020, 08:05:56 AM
 #64

Yes it will.
No it doesn't.

Those are the things that we can say with regards to this stupid question since we are just predicting the price of it in the future. My prediction is that it will since we already saw Bitcoin went to $11,000 just days ago without anybody knowing it was coming (except for whales maybe).

This isn't a question of it will because we know already that it will but the question is when it will happen. That is the big ? right now.
We all have predictions when it comes to the future trend But I have to agree that we can’t tell when its going to happen, time can tell so we can only make predictions for now and do focus on accumulating profit.

$15k can be reach in a months if there’s a strong demand with it, but if we continue to hype bitcoin then that pump is not healthy.

We can make good trends for a good reason, we have to trade on every trend and achieve our target profit. If you don’t have bitcoin then making predictions is useless. Predict and execute well, be effective on achieving your personal goal. The market will rise, we have to keep that it mind and be prepared.

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July 31, 2020, 03:26:09 PM
 #65

Looks like things are picking up but also staying same as well at the same time. Now, I know that you guys are thinking we went up, but we also stopped right now if you look at the price, we are talking about a price point that basically stays the same at $11k and not moving any further up.

I was expecting it to continue going up, it needs to continue going up, right now it is at a place where it can fall back to $9k very easily if it doesn't go up, it could very well stand at the same price for a long time as well. So, I agree that yes it moved up and that means we are closer to $15k and that could still happen, it is a potential, but in order for that to happen we need to increase and go up even more. If it reaches $9k once again, I would expect it to actually not make it to $15k this year.

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July 31, 2020, 05:30:18 PM
 #66

There is still higher prediction about Bitcoin price, I didn't predict too high price but I believe that bitcoin should touch or Crossed $15K Till end of 2020. What's your prediction about it ? Is it happen or not?

It could be higher Bitcoin is at $11 k and we are still 4 months to go, there are a lot of good news coming in, and the community now felt the minimized supply of Bitcoin and it's only a matter of time, I cannot made an exact prediction on the price of Bitcoin but definitely higher than $15 k it should be higher.

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July 31, 2020, 06:16:32 PM
 #67

There is still higher prediction about Bitcoin price, I didn't predict too high price but I believe that bitcoin should touch or Crossed $15K Till end of 2020. What's your prediction about it ? Is it happen or not?

It could be higher Bitcoin is at $11 k and we are still 4 months to go, there are a lot of good news coming in, and the community now felt the minimized supply of Bitcoin and it's only a matter of time, I cannot made an exact prediction on the price of Bitcoin but definitely higher than $15 k it should be higher.

   CryptoDost you are right, there're more optimistic predictions for Bitcoin price until the end of this year than $15k. Aioc there're 5 months
left until the end of this year, not 4! And in 5 months anything can happen. If this uptrend continues we can get to $15k, it will be a great
price to start 2021. I would be grateful if we stay over $10k until the end of this year, everything over that will be extra for all of us.



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August 01, 2020, 12:56:51 AM
 #68

There is still higher prediction about Bitcoin price, I didn't predict too high price but I believe that bitcoin should touch or Crossed $15K Till end of 2020. What's your prediction about it ? Is it happen or not?
The probability is high I based it on the movement of Bitcoin right now and the many news that we are reading on many articles about Cryptocurrency, Bitcoin could end up $25000 or even more if the movement continues but another all time high is definitely looming could be the end of this year or start of the year.
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August 01, 2020, 09:13:37 AM
 #69

Looks like things are picking up but also staying same as well at the same time. Now, I know that you guys are thinking we went up, but we also stopped right now if you look at the price, we are talking about a price point that basically stays the same at $11k and not moving any further up.

I was expecting it to continue going up, it needs to continue going up, right now it is at a place where it can fall back to $9k very easily if it doesn't go up, it could very well stand at the same price for a long time as well. So, I agree that yes it moved up and that means we are closer to $15k and that could still happen, it is a potential, but in order for that to happen we need to increase and go up even more. If it reaches $9k once again, I would expect it to actually not make it to $15k this year.
Actually the rally is not yet finished and there is still price surge. Look at the RSI, the data in RSI is proving that it is defying the gravity there because it is now in overbought peiod but the price is continuing to increase but it doesn't mean that this price rally will continue for weeks. There will be a price corrections and we should expect from it. I hope that the dip will be shallow and not deep because it can be a bad sign.
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August 01, 2020, 11:59:38 PM
Last edit: June 12, 2023, 02:49:02 AM by STT
 #70

Bouncing along the 2 day average present, which shows strong momentum is still within the price.   I'm more apt to judge it stronger once tested a bit which I think does come after encountering these mid 11k price levels.

Most people would guess 15k at this point seeing its done so well so far, I'm maybe too skeptical but I think its already done enough and will still repeat the pricing already achieved rather then keep making new highs not seen in 3 years.   I might be misjudging the amount of free money out there in the market for speculation and maybe its easier with enough rocket fuel in supply.

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August 03, 2020, 01:28:29 AM
 #71

The price of bitcoin is now approaching $ 12,000 in the middle of this year and to reach $ 15,000 I think that can happen because there are still half a year left in 2020.

There's still time for this bounce to happened, if the current movement will remain strong and more new investment to flow inside this market

We can't predict the sentiment if this trend will continue or there's another bounce down, for sure there are traders who are cashing out now after gaining

decent, those who invest from $9k already have good amount to cash out.

but keep in mind that bitcoin is very volatile, where prices can change significantly over time and can reverse the situation suddenly and I am personally optimistic that bitcoin will tend to increase in the coming months and although there is a decline but it is still above the previous price .

Very important to remember that behavioral needs to assess properly, this is where the money is hiding if you know where to place your investment and when to cash it out, big opportunities for every traders who  make a good anticipations.



Positive outcome is there to every investors who will take the risk, assurance though is not present from this kind of market.
Be responsible with every decision make sure to manage your investment from time to time.
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August 03, 2020, 01:51:20 AM
 #72

There is still higher prediction about Bitcoin price, I didn't predict too high price but I believe that bitcoin should touch or Crossed $15K Till end of 2020. What's your prediction about it ? Is it happen or not?
That is possible since we still have 4 months before this year end.
If there's a high demand then the price will increase continuously plus the fomo of investors who missed the chance to engage themselves during bearish time. Nevertheless many things can happen that can affect the market to go upward or downward. We know that the market is influence by the investors on how they react in every situation including the virus that happened few months ago and still existing up to now.

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August 03, 2020, 02:41:58 AM
 #73

With the situations now, I guess that bitcoin price will touch $15k before the end of 2020. But that will be different if suddenly, the price drops too deep, and that can make the price will need more time to rise again. As long as bitcoin price can stay at $11k for a while, I think bitcoin price will break $12k in a short time, and still increase to break another high price.

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August 04, 2020, 03:04:53 PM
 #74

Looking at the price right now, $15k is not impossible but also quite a lot of ground to cover as well, we do not really know what will happen, we just know that people are looking at $15k a lot more possible nowadays than what they were looking a month ago, so that is a good start and we should take that and move up with that to higher levels, I just don't know if we have enough buyers right now in the market to make that happen.

By looking at the price again, it used to reach as much as $12k and now lowered at $11k right now, which is why I am not entirely sure if the price would reach $15k if this continues, there is of course a big chance it could happen but it all depends on if it will continue to go down like it has in the past 2-3 days or it will go up like it did a week ago.
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August 04, 2020, 03:41:46 PM
 #75

It is possible seeing that Bitcoin is already at $11K we only need $4k more to make it happen and the market has been making a good progress lately so who knows maybe in a couple of months we would see it again at $15K.
I think it really have a high chance of touching $15 before this year even ends.
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August 04, 2020, 04:51:34 PM
 #76

That's a million dollar question nobody knows the answer. But if you ask me In my own idea, Bitcoin will reach the 15000usd this year before the start of 2021 with a sharp movement and just like what happened back in 2017, but this time the price will now dump that hard after the pump because we will see less fomo in this cycle. However after all these, we are talking about crypto market and everything completely possible, even 20000usd is not out of reach.

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August 04, 2020, 06:36:49 PM
 #77

With the situations now, I guess that bitcoin price will touch $15k before the end of 2020. But that will be different if suddenly, the price drops too deep, and that can make the price will need more time to rise again. As long as bitcoin price can stay at $11k for a while, I think bitcoin price will break $12k in a short time, and still increase to break another high price.
Yes, I concur that $15k is likely to happen before this year ends. But the basic principle that we should apply as usual for bitcoin is it is volatile at all times.

No one can have the exact prediction of which price will be seen by a specific period of time. $15k or more or even lower with what we have. We can't tell us we're all guessing and just following where it is bringing us. But realistically speaking, it's possible.

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August 04, 2020, 07:03:08 PM
 #78

There is still higher prediction about Bitcoin price, I didn't predict too high price but I believe that bitcoin should touch or Crossed $15K Till end of 2020. What's your prediction about it ? Is it happen or not?

before answering your question look at this:

Bitcoin Price Hits New All-Time High Against Turkish Lira

this shows that there are countries where looking for bitcoin is very big and that this can contribute to the bitcoin price continue to increase a lot, but to see  $15000 it will still be necessary to break the $13000 and be stable above  $13000 something very difficult to happen in my opinion

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August 04, 2020, 09:25:12 PM
Last edit: June 12, 2023, 02:48:24 AM by STT
 #79

I can see the price retracting and losing some momentum so my guess after a rise is to expect some confirmation of lower prices.



Trying to rush the price towards this idea of 15k or past ATH might cause more trouble then its worth, being in the clouds here is already good progress and its better to make a slow and steady journey then one prone to bump people out of the market with upsets from too rapid a change.
   Here price challenges a weekly average and we should consider levels in this area.   The most obvious so far has been the previous top of 10500 and that should be support that is challenged and checked in future action.

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August 08, 2020, 01:51:31 PM
 #80

The market value is getting closer to this mark but that does not assure things will be fine until the end of this year  There are still four months remaining and hopefully nothing would eventually trigger a downfall in its market value. If ever the price will be held at this market value until next month, there is a huge tendency that its market value will hit the said price point and if there would be something which would make "things" consistent, if ay even reach its past ATH. But facing the reality, the market do not behave in such way. It is unpredictable so we better not be caught off guard.
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