Bitcoin will touch the high price in 2020?

[peterpanda]

Price of the bitcoin is growing so quickly. We can hope that bitcoin will cross its best price. At the end of this year, bitcoin should hit $20k.

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[Furious 7]

Hopefully the price will continue to go up and test those high levels. I am not entirely sure which direction we will go to however it looks like bitcoin price didn't fall that further down, which means the buyers are not allowing the price to drop too much, which is a great indicator that there is still bullish increase in bitcoins future if you ask me. Obviously we can never know that for sure because anything could happen, however it is something we are definitely hopeful about, at least I am.

With some corrections and buyers keeping the price up, we could totally aim higher for the next bull run when the price goes up, at least at that point we will know that bitcoin price has a strong support and won't fall down too much.

The bullish trend is still continuing where this pumping seems like it will continue, yeah investors will not be bitcoin falling again because this is the peak where it will reach ATH again I think the supply will continue to increase with the current market conditions so whatever the indicator is, it is clear an increase bitcoin will continue to roll forward.

Maybe at this point in time it will still be holding below 12k but from the end of the year we will see how important it will be to see the increase happen again. Trust me

[justdimin]

I think the clearest choice there is is to wait and see and hope for the best because no matter how much we talk about it here, bitcoin will do what bitcoin will do and there is really nothing we can do. Do not get me wrong people buy and sell and that decides what bitcoin will do however "we" as in people on this forum or at least on this topic do not have enough power to change bitcoin and make it go anywhere without hurting ourselves (or even change it even if we are willing to lose money) because we are poor and not whales who can do that.

So, I would say that the best thing we could do right now is to just focus on what is going on at the current situation and just try to trade or invest according to NOW instead of looking that much ahead.

[Inkdatar]

The above prediction is too high so IMO once bitcoin price reaches $15k this year there's a possibility it could go higher than that. The trend right now on bitcoin still continues but the fact is we're not certain what's the highest price could attain this year. If this will further increase we will see the highest price by the year 2021, so still hopeful that bitcoin would not experience the outbreak and plummets again yet everything is possible. So still the price is really surprising for this year.

[SquallLeonhart]

Honestly I am feeling like there is a chance that the world will get this corona thing once again and will get a lot worse. Look at people during this period and you will see that they are not really careful enough. I do not understand the "we can't stay inside for a year!!" argument, well maybe not a year (which should be done if that is what is required) but we were at home from middle of march to late may, after June people started to go out a bit and by the end of June we were all outside (yeah me too I accept).

I have seen so many people maskless or just wearing the mask on their arm because you know how you can get the virus from arm... idiots. So, basically with schools starting as well, we are 100% going to see a lot more death once again after September and this winter. That means price could actually go higher once again.

[atjiat]

This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

$25 k is likely $33 k is probably $50 k is unlikely, I based my prediction on the current movement of the price there is no candlestick only common sense I rely on news that's coming along daily and of course, the global economic situation which is not good, but any predictions are not 100% correct, but we have to be realistic.

I believe that you were right about common sense, since it is common sense that today largely guides investors and other users of cryptocurrency. There will no longer be such situations as in 2017, because in my opinion everyone will be guided by clear rules and arguments.

[peterpanda]

This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

$25 k is likely $33 k is probably $50 k is unlikely, I based my prediction on the current movement of the price there is no candlestick only common sense I rely on news that's coming along daily and of course, the global economic situation which is not good, but any predictions are not 100% correct, but we have to be realistic.

But in my opinion, bitcoin won't hit more than $25k in this year. Though bitcoin has a good value now, but it is not possible to reach $30k+ logically if we analysis it.

[carriebee]

This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

None of the above for me although I like the movement of the price, the year when the market will blossom is probably next year, this is just the year that we are going to have a momentum the higher Bitcoin could reach this year is $20 k  provided that we maintain this movement in price.

We still have 4 months left before year end of 2020. I don't think $25k is reachable this year probably next year there’s a high chance in my opinion. Yes this is what we observe the movement of bitcoin is really positive so hopefully this time will soar high again.

[b1k4ng]

before I answer your question about bitcoin price at the end of 2020, I want to ask first. where is the article that says if most countries will legalize bitcoin? which countries will legalize bitcoin in 2020? because until now in my country I still don't have the discourse to legalize bitcoin.
I think the 2020 bitcoin price will only be under $ 20k

[Rana590]

before I answer your question about bitcoin price at the end of 2020, I want to ask first. where is the article that says if most countries will legalize bitcoin? which countries will legalize bitcoin in 2020? because until now in my country I still don't have the discourse to legalize bitcoin.
I think the 2020 bitcoin price will only be under $ 20k

Yes, there is no strong prove that most of the countries will accept bitcoin as their legal currency. But it is a great news that a lot of new users are showing interest to join with bitcoin everyday.

[kotajikikox]

This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

None of the above,i think we won't even reach 20k this year but when the vaccine for the Covid19 released and proven legit?
then the market will grow next year 2021 even that 25,000 price.

maybe i want to play safe because prediction nowadays is really hard to believe not like in te past that most prediction happens closer but now?there have no even few who can take the prediction seriously.

[virasog]

This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

None of the above,i think we won't even reach 20k this year but when the vaccine for the Covid19 released and proven legit?
then the market will grow next year 2021 even that 25,000 price.

maybe i want to play safe because prediction nowadays is really hard to believe not like in te past that most prediction happens closer but now?there have no even few who can take the prediction seriously.

Bitcoin already touched 12K this month and it can easily double to 24K by the end of December. As bitcoin prices will move up there will be more hype and less resistance, hence bitcoin may pump hard once it crosses 15K and above.

[Arkann]

Bitcoin already touched 12K this month and it can easily double to 24K by the end of December. As bitcoin prices will move up there will be more hype and less resistance, hence bitcoin may pump hard once it crosses 15K and above.

I believe that there is such a situation in the world that every moment of today's circumstances that appear in the world can be positively reflected on the bitcoin rate. We must not forget about halving 2020, because all past halving gave very good results after a certain time. But also the economic crisis around the world will play a positive role in the future prospects of bitcoin, since big capital is interested in the cryptocurrency market, and investors, as well as ordinary people, will be able to trust bitcoin more than national currencies, which are losing much in value.

[naikturun]

even to 20000 $ i still doubt that. however, if market conditions remain stable until the end of the year it is not impossible that bitcoin will achieve a new attitude. If you look at the last bulls in 2017, the next prediction will occur in 2021.

[KTChampions]

This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$

None of the above,i think we won't even reach 20k this year but when the vaccine for the Covid19 released and proven legit?
then the market will grow next year 2021 even that 25,000 price.

maybe i want to play safe because prediction nowadays is really hard to believe not like in te past that most prediction happens closer but now?there have no even few who can take the prediction seriously.

Do you think the crisis caused by the virus will worsen? But in this case, bitcoin has a good chance because it has always been considered an anti-crisis asset, and if governments continue to print money to fight the crisis, then the price of bitcoin may rise significantly.

[mr.smith]

even to 20000 $ i still doubt that. however, if market conditions remain stable until the end of the year it is not impossible that bitcoin will achieve a new attitude. If you look at the last bulls in 2017, the next prediction will occur in 2021.

I agree in 2021 if we are going to follow the route of 2017 the last time bull run happens, 2020 is preparation for the next all-time high that we are hoping, I already commented on a post that Bitcoin will likely reach the $15 k level and $15 K is good preparation for another all-time high this coming 2021, even if we are in a pandemic stage.

[Rana590]

even to 20000 $ i still doubt that. however, if market conditions remain stable until the end of the year it is not impossible that bitcoin will achieve a new attitude. If you look at the last bulls in 2017, the next prediction will occur in 2021.

I agree in 2021 if we are going to follow the route of 2017 the last time bull run happens, 2020 is preparation for the next all-time high that we are hoping, I already commented on a post that Bitcoin will likely reach the $15 k level and $15 K is good preparation for another all-time high this coming 2021, even if we are in a pandemic stage.

I think people are getting involve in it for this pandemic more. Yes, you are right that $15k is good enough to start for all time high. Let's see what happens in 2021.

[piebeyb]

You do not include your analysis and your views in detail here, why bitcoin will touch its highest price until the end of 2020, the driving factor for bitcoin prices today is the bitcoin halving which makes bitcoin prices soar now not only due to crisis and others, but $ 20k may be touched until the end of the year if the rally really breaks above $ 12k

[Shohanur]

even to 20000 $ i still doubt that. however, if market conditions remain stable until the end of the year it is not impossible that bitcoin will achieve a new attitude. If you look at the last bulls in 2017, the next prediction will occur in 2021.

I agree in 2021 if we are going to follow the route of 2017 the last time bull run happens, 2020 is preparation for the next all-time high that we are hoping, I already commented on a post that Bitcoin will likely reach the $15 k level and $15 K is good preparation for another all-time high this coming 2021, even if we are in a pandemic stage.

I don't think so that in 2021, bitcoin will hit its all time high price. It needs some more time to hit best price if we think about current situation.

[lumeire]

You do not include your analysis and your views in detail here, why bitcoin will touch its highest price until the end of 2020, the driving factor for bitcoin prices today is the bitcoin halving which makes bitcoin prices soar now not only due to crisis and others, but $ 20k may be touched until the end of the year if the rally really breaks above $ 12k

Bitcoin block reward halving would have been a driving force for the bitcoin price if the same situation was present 1 year back, for now it isn't the bitcoin block reward halving, it is something else. It can be due to the DeFi tokens that are attracting so many investors and once they are done with their investment in the DeFi tokens then they have to keep their money safe in a safe heaven and it is always better to keep your money in bitcoins than in any other token. It can also be the stock market money coming in cryptocurrencies as already stock market is in profit and bulls are really driving up the prices so the excess money is coming in cryptocurrencies.