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Shaheer Arshad
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July 31, 2020, 03:23:02 PM
 #1

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$
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July 31, 2020, 03:25:33 PM
 #2

If it crosses 15k then I think it will be enough for this year. BTC has already suffered the price because of the epidemic and other financial crises. The market looks stable for now and hope this will be work as support and price will go up from here. But we can not predict the future so other people may not agree.
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July 31, 2020, 03:47:17 PM
 #3

If you see the trend on the graphs you can see the new ALH doesn't happen the same year of the halving, i think the new ATH will be in 2022... and for that time we can expect something like $100k each coin.

Is just speculation buddy, remember, with cryptos everything is possible.

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July 31, 2020, 03:52:26 PM
 #4

The year is not over yet so maybe, hopefully it could touch the highest price but I do not give conclusion on this, because as we all know BTC is very volatile and has unpredictable movement. We are seeing BTC going up but no knows it will drop later in the year. Let's just enjoys what BTC has offer for now and do right decision in order to take advantage of the situation. Since, BTC is moving upward holding it may give extra profit for us in the coming months.
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July 31, 2020, 04:23:12 PM
 #5

If you see the trend on the graphs you can see the new ALH doesn't happen the same year of the halving, i think the new ATH will be in 2022... and for that time we can expect something like $100k each coin.

Is just speculation buddy, remember, with cryptos everything is possible.

i personally don't like speculating like this too much focusing on the past performance but if we were to do it, last halving was mid 2016 and the bull run started in 2016 and ATH was in 2017.
this halving was in mid 2020 and it should end up with ATH in 2021 not 2022!

so far the trend feels the same with the huge drop of the nearly same size as 2015, the recovery that slowly followed and now we are in beginning of 2017 where the rises has to start.

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July 31, 2020, 04:35:33 PM
 #6

If you see the trend on the graphs you can see the new ALH doesn't happen the same year of the halving, i think the new ATH will be in 2022... and for that time we can expect something like $100k each coin.

Is just speculation buddy, remember, with cryptos everything is possible.

Following the same sentiments from those previous runs that happened inside
this industry, like what you have said
Things didn't take place same year with halving momentum is forming though
after halving and the actual rise
showed up after a year and bring great value to our invested money, if history
will be the same then we are going
to expect again another rise, not good in numbers but I'm also positive that
it can be more higher than the last ATH.

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July 31, 2020, 06:57:07 PM
 #7

We can't exclude any version there cause we have a lot of arguments on both side. Personally I think it will reach it's all time high and even surpass at the end of 2020 or in the begining of 2021, like it happened previously.
At the same time we don't have to forget that bitcoin kept regular 9k price during this pandemic and despite the fact of a lot of pessimistic predictions and expectations, I would say that bitcoin rised.

If we consider what I mentioned above and add another fact that bitcoin hit 11k right now (doesn't mean much but still...) and people have positive feelings in overall because of past experience from previous halving, I think this will happen and bitcoin will rise like phoenix.

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July 31, 2020, 07:10:17 PM
 #8

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$
Is there any proof to validate your statement? In 2020 none of the government is going to concentrate on the cryptos because they are in economical crisis so they have to do lot of things to get recover from it.

If the current trend keep continues then new all time high for bitcoin is possible but I am not sure that how long this trend will follow so don't wanna comment about the all time high of 2020.

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July 31, 2020, 07:17:17 PM
 #9

I'm more concerned with price sustainability than the highest peak reached. During the previous ATH the price peaked at almost $20k at the end of the year, however the average price throughout the year was much lower than that, and the price quickly plummeted after that.

So far this year we have witnessed increased stability, registering the highest annual average price. If we can have slow organic growth Bitcoin could attain and maintain high peaks, rather than a rinse and repeat profiting.
Of course, there has to be drops after spikes due to speculation and panic sellers (who fear a price drop),  but if this correction is not too wide, it would be a huge positive and could lead to more adoption of bitcoin.





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July 31, 2020, 11:38:14 PM
 #10

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$
If you are having a pool to this, I have to choose $25,000 because there is no other option below that.

TBH, I won't be more optimistic this time as the reality that we can make such surge and reach to ATH again year due to the economic troubled situation. We saw an uptrend momentum by now but that is a far to reach at $33k even that $25k. I know that the market is unpredictable and all seems to be possible but we also have to know the capability of it and seeing there is no such huge change in the market resistance. However, I was looking forward to see it in a bullish market next year.

https://cryptopotato.com/bitcoin-price-analysis/

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August 01, 2020, 12:07:06 AM
 #11

Still this is possible but if you will look at the historical data of Bitcoin and its movement after its halving, the pump happened the next year and not the same year as the halving happened.

In short, there is a higher chance that the ATH will be reach around next year or maybe 2022 but higher chance that it will happen next year since that is its price movement in the past 2 halvings. Even the lowest price that you've predicted which is $25,000 is a bit optimistic for me and the fact that people are suffering right now globally because of the pandemic can affect the price too since most of the investors doesn't have any money to invest with.

There is a high chance also that this pump that recently happened have been done by rich people only and large institutions just to create a bit of hype in the market. No evidence though just an assumption.

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August 01, 2020, 01:38:51 AM
 #12

If you see the trend on the graphs you can see the new ALH doesn't happen the same year of the halving, i think the new ATH will be in 2022... and for that time we can expect something like $100k each coin.

Is just speculation buddy, remember, with cryptos everything is possible.
2022 means a large time gap from the present. Upon the same what's been stated as the price for 2022 can be reached. There is a big expectation for the year 2020. Everything got collapsed with the pandemic that happened all around. Based on the same the price can't be expected to reach high. The gradual growth as now can happen throughout this year, which is good for the market.

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August 01, 2020, 05:02:10 AM
 #13

I'm more concerned with price sustainability than the highest peak reached. During the previous ATH the price peaked at almost $20k at the end of the year, however the average price throughout the year was much lower than that, and the price quickly plummeted after that.
It's because we're already in the bubble that time, so after reaching ATH, the bubble then are burst and next come the bear market.

So far this year we have witnessed increased stability, registering the highest annual average price. If we can have slow organic growth Bitcoin could attain and maintain high peaks, rather than a rinse and repeat profiting.
Of course, there has to be drops after spikes due to speculation and panic sellers (who fear a price drop),  but if this correction is not too wide, it would be a huge positive and could lead to more adoption of bitcoin.
We could see some drops, or as others wanted to put it, healthy correction. But I'm not seeing any ATH this year, we may get close, but it the 4 year pattern are going to be used as a gauge for future price, it could be 2021.

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August 01, 2020, 10:42:19 AM
 #14

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

None of the above. In my opinion, not in 2020.

I believe the March-August rally is a Wave 1 in a new impulsive bull market. I expect this wave to top out somewhere in the $12K-$17K range sometime in the next several weeks. Then comes a multi-month bearish correction (Wave 2). Summer 2016 is one example.

Time is always difficult to guess but with all that in mind, I think BTC will be nearing its ATH in early (possibly mid) 2021.

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August 01, 2020, 11:31:13 AM
 #15

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$

If we will see a fresh new wave of investors, then we might see all time high this year. But it's not always the case, we are still in the pandemic and we might see more retail investors reluctant to join because the price is already too high for most of them.

So I'm banking of institutional money, however, it seems that they have accumulated during the bear cycle. I'm don't know where you get the idea that bitcoin will be legalised by countries argument. Bitcoin is a free market, no one can stop it or even ban them. So I'm leaning towards not seeing all time high in 2020. The market is still immature to push the price to that levels. And we really don't know what or when will be the next bubble. But in 2021, we're going to see how everything will fit the puzzle.

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August 01, 2020, 11:45:45 AM
 #16

No one can say exactly which target Bitcoin will go to. It all depends on the market. But if we check the history of Bitcoin we will understand what is actually happening. BTCUSDT Monthly Closes Above 10900 Since Dec 2017 which will give more confidence to the traders. But I think here, you still need a lot of time to achieve any of target. The market does not move forward without correction. For some reason, creating hype in the market does not mean bull market started. Since I am a long-term bitcoin holder, I am not overjoyed at the temporary price change in the market. I will make more observations of the market before I make any kind of decision.
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August 01, 2020, 12:36:05 PM
Merited by ReiMomo (1)
 #17

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$
Every year we plan some huge expectation of Bitcoin, so you think it will be touch.
1. 25,000$
2. 33,000$
3. 50,000$
4. 100,000$
In reality we can't predict the Bitcoin so I expect it can reach 15k to 17k USD. Once it will reach my prediction I am happy to start the next year booming. Already many countries are slowly accepting the Bitcoin so we expect more growth on further day.

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August 01, 2020, 01:04:17 PM
 #18

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$

Well, I don't know how much bitcoin price will be because we already touch $11k, and it still needs more time to increase and touch $12k and the other high price. It could be possible to break that price if many people want to buy bitcoin so that the price will go up and down many times. I don't expect to see the bitcoin price will increase so high because the conditions now still can not be predicted, and I prefer to follow where the price will move.

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August 01, 2020, 02:47:16 PM
 #19

Why are the options so high? I mean don't get me wrong any of them could hit but at the same time not all of them could happen neither, we don't know so I would suggest having more options if you ask me. Like for example just say 10-15k , 15k-20k, 20k-25k, 25k.. and so forth that way people could pick a lot better. I would say somewhere between 15k and 20k would be realistic and honestly I am betting on that with my money right now.

I have bought a lot lower but I am not selling right now and taking my profit, if the price goes down that means I could have profited 2x but failed to do so because I believed it would go up yet failed, but if I am right and the price goes over 17-18k that means I am going to 3x instead of 2x and that would really pay off very well for me.

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CryptopreneurBrainboss
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August 01, 2020, 03:15:24 PM
 #20

Why are the options so high? I mean don't get me wrong any of them could hit but at the same time not all of them could happen neither, we don't know so I would suggest having more options if you ask me. Like for example just say 10-15k , 15k-20k, 20k-25k, 25k.. and so forth that way people could pick a lot better. I would say somewhere between 15k and 20k would be realistic and honestly I am betting on that with my money right now.

Seconding that partially but I believe the reason behind the high prediction is due to the recent movement of the market. You can blame them for been very optimistic, even you predicting between that price range is as a result of your been optimistic too but their's more high probably due to some factors best known to them.

2020 mightn't get us to the previous all time high but it'll definitely set the ground running for 2021 bullrun and hopefully 2021 will be friendly generally, unlike all the crisis 2020 brought. The best I think we can get from the bitcoin bullrun is $18k but I stand to be corrected when the unthinkable happens and bitcoin surprises everyone by outperforming it's all time high.

While we hope for the best for bitcoin, lets not neglect the potential of the ethereum ecosystem and its price increase.





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