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Author Topic: Will bitcoin touch $15K till end of 2020?  (Read 837 times)
gbrendeh
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August 21, 2020, 06:48:06 PM
 #101

Bitcoin can bypass that price level this year and get to all-time high based on the current trend. Just overlook the little correction we are experiencing, it is normal in any trading.
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August 22, 2020, 07:06:37 AM
 #102

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 seems that the price of bitcoin will be increasing rapidly. In this pandemic situation, bitcoin is helping us in many ways and people are interested to accept it. So, for bitcoin, $15k is very possible to reach.

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August 22, 2020, 11:16:38 PM
 #103

nothing is impossible especially for Bitcoin $ 15k by the end of 2020.

in the last few days, Bitcoin has continued to stay at $ 11k - $ 12k and continues to show good growth, it is not difficult to break $ 13k wall any time soon.

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August 23, 2020, 09:59:05 PM
 #104

Of course it will happen, the price is already above 12,000 and people are very excited about the possibility of probably touching the previous all time high before the end of this year, as such I do not have any doubt that we are going to cross that price by the end of 2020, what we do not know is if that price can be maintained because it is entirely possible that many people are going to panic seeing that the price is so high already and will begin to sell their coins, but if they do I have no doubt that they will regret it.

The panic coming from those daily traders can affects the sentiments of weak holders, you need to assess if you are planning
to hold for long, you have to sets your plan not to touch anything even there's heavy dumped that might take place while the
market is building a much stronger supports. Things like this is always important when you are into long term investment.
I do not think we have to worry about weak hands at the moment and this is because for the most part during the crash we saw in March many of those weak hands leaved the market and their coins were bought by strong holders, what I am worried about is about the manipulation of the whales because once they see the rally has low possibilities of keeping their strength they are capable to sell their coins and while they are cashing out the rest of the traders think they are making a great call only to discover later the whales crashed the market and now they are the ones holding huge losses.
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August 23, 2020, 10:30:31 PM
Last edit: August 23, 2020, 11:13:42 PM by STT
 #105

I'll call a rough band for price here and we can take a direction or at least observe waiting for a bias to upside or downside depending on how it breaks this theortical range.   On daily or even weekly bars it can be speculated that BTC needs to break 11957 or 11700 downwards.   Its such a tight range that I think its worth watching for a possible quick take on week open action and if weighted on these longer term bars it could add upto something significant rather then a short term move that doesn't hold.   15k by 2020 probably needs us to be making this move either this month or September in order to break through with confidence rather then selling and profit taking.

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August 24, 2020, 08:28:08 AM
 #106

nothing is impossible especially for Bitcoin $ 15k by the end of 2020.

in the last few days, Bitcoin has continued to stay at $ 11k - $ 12k and continues to show good growth, it is not difficult to break $ 13k wall any time soon.
well, I also believe that it is not impossible. however, the bitcoin price is currently close to $ 12k. Even though it took $ 3k to reach that price, I don't think it's that hard when there is a pump in the rest of the month this year
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August 28, 2020, 11:58:49 PM
Last edit: June 12, 2023, 02:40:20 AM by STT
 #107

I think its going to pull back rather then spike into year end, though maybe its more optimistic and fair to say 15k near term then decline but I dont estimate this rise is so steady that its inevitable that we climb a stairs on the price graph until 15k is achieved and stabilized.    At present we've risen on weekly bars quite well since the breakdown of March and its been a strong recovery, however I do expect a pullback and I'm looking for that primarily.



11k seems quite important to this latest set of weekly bars and maintaining that.   If we should not establish 11k as a low level of support then I'd say its fair we do come back to 9k to recheck this 50 week or roughly year average and its quite close and related to talking about the 200 day average.
   Just drawing a line across the graph at 9000 roughly, use a big thick crayon even and the point is that we touch 9000 so many times it has a weight of volume and significance to it that gives it gravity to draw us near.   Unless we achieve the 'escape velocity' to break upwards we should not expect to especially travel a great distance without rechecking our pricing and over time constructing a good series or trend in the price that leads us higher.   

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August 29, 2020, 03:09:14 AM
 #108

I'm ok if it will fail to reach another all time high this year as long we have a good price to start at the first quarter of next year, all my hopes now are on 2021 by this time we will have a cure of the CoVid and we will have everything back to normal and many countries will realized that Crypto currency is worth adopting.
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August 29, 2020, 04:03:25 PM
Last edit: September 09, 2020, 05:15:07 AM by Nazmul012
 #109

Around $15k is possible. Actually that should already happened but bitcoin fail to reach that barrier due to panic selling caused by Covid-19 issue. But after long time, bitcoin finally hit $12359 line, the ath of year 2020 and waiting for hit $12.5k barrier. After that, its not impossible anymore for bitcoin to fly higher and hit $15k as you asked

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August 29, 2020, 04:21:05 PM
 #110

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?
Around $15k is possible. Actually that should already happened but bitcoin fail to reach that barrier due to panic selling caused by Covid-19 issue. But after long time, bitcoin finally hit $12359 line, the ath of year 2020 and waiting for hit $12.5k barrier. After that, its not impossible anymore for bitcoin to fly higher and hit $15k as you asked

The first target for now is 12k , if it can break and climb up then 13 k will not be far away from it. But when it will cross 12k and how much times will we have before the year end closes might just help us better way to know. Hope always exist that sooner it crosses 15k better for all the investors.

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August 29, 2020, 11:29:49 PM
 #111

$15,000 will be easy for bitcoin to reach and because were entering the 4th quarter of the year this is the exact month were bull run started last 2017, hopefully history will repeat itself.

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August 30, 2020, 04:18:33 AM
 #112

$15,000 will be easy for bitcoin to reach and because were entering the 4th quarter of the year this is the exact month were bull run started last 2017, hopefully history will repeat itself.

I don't think it would be hard.

We can actually tell that based on the quarter of the year we are in. I guess in the past we could tell that whenever we are closing to the end of the year, we expect a pump but with the past years, it is not happening so I don't think you should rely on that. We can't even have a stable price at $12K, let alone $13K and $14K.
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August 30, 2020, 07:44:15 AM
 #113

nothing is impossible especially for Bitcoin $ 15k by the end of 2020.

in the last few days, Bitcoin has continued to stay at $ 11k - $ 12k and continues to show good growth, it is not difficult to break $ 13k wall any time soon.

The last two months of the year is crucial if we are going to reach the %15 k level, as you can see the price is moving very slowly I am not a very technical guy but if the price move this way and we have a correction for every increase of the price then November and December we have to be in 13k to 14 k level to reach the 15 k level, it's attainable given how the market performs.

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