Bitcoin will touch the high price in 2020?

[Rengga Jati]

No one can say exactly which target Bitcoin will go to. It all depends on the market.

Agree, it depends on the current demand for Bitcoin in the market. Also, sometimes relies on the positive news related to the Bitcoin. Once there is bad news, it may destroy the bullish suddenly. So, the prediction of the next target to reach by Bitcoin in the near future can change anytime if there is something to trigger it.

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.

This must be noted by all people. It is much better to do our own research and don't depend on the prediction channels or even the expert's saying. There is no prediction with 100% accuracy in crypto prices. The volatility makes Bitcoin or altcoins to be hard to predict. In addition, in some cases, some people or even popular people have a certain purpose in predicting bullish of Bitcoin price. 

[noormcs5]

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.

There is no limit for bitcoin and 15K is not a big target compare to what we are witnessing these days, the pump in the market. I think if this continues we may see 20K in this year and even 25 K is possible because as we go higher there will be no or less resistance.

[davis196]

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$

You are way too optimistic.I think that 15K USD is the absolute top for the Bitcoin price.
The current price increase kinda lost momentum and there might be a price correction back to 10K USD(which isn't something bad).I'm expecting big Bitcoin price bubbles to happen in the next year,due to the massive quantitative easing and fiscal stimulus packs.
What do you mean by "so many countries will legal Bitcoin"?Bitcoin is already legal is most of the world.
Do you have some secret information? Can you mention a few countries that will legalize Bitcoin?

[NavI_027]

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.

Really? What countries to be exact? I would like to know hihihi. But you know what, actually I doubt many countries will adopt in this time of pandemic. You know, even the rich countries are having a hard time to survive and continue their usual businesses so what more for the smaller countries unless they're not affected by covid.

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

Hmm, what I'm feeling is non of teh above. Yeah! We're experiencing a pump season lately but this is not yet a sure sign that we are now heading to bull run. Besides, we are now on the 3rd quarter of the year thus btc price no longer have plenty of time to reach those prices. Maybe next year, let's see . (but $100k seems ideal at this moment)

[Harlot]

I love your optimism here but with the lack of analysis you have backing up your claims I think that you are just assuming things even your assumption in the world markets is wrong as S&P 100 has officially recovered from it's price dump. If you are assuming that the legality of Bitcoin is the only obstacle here for Bitcoin's bull run than think again. Majority of the countries we have are at least accepting cryptocurrencies in their country yet it didn't trigger any kind of bull run so I think legality here is not the catalyst that we are looking for but instead mass adoption or any kind of real type use where a considerable number is using crypto not only in trading but as means of payment.

[Cheesus]

In this world crisis, Bitcoin is doing far better and even we can dream for a new all-time high this year. I thought this year we Won't see the better market for Bitcoin because of Covid19, but the halving effect seems working for Bitcoin and Ethereum also doing well, so, I am optimistic to see Bitcoin at 25K USD within the next 5 months, though I won’t be sad if it Doesn't hit, because we have the whole 2021 for that!

[Yamifoud]

In this world crisis, Bitcoin is doing far better and even we can dream for a new all-time high this year. I thought this year we Won't see the better market for Bitcoin because of Covid19, but the halving effect seems working for Bitcoin and Ethereum also doing well, so, I am optimistic to see Bitcoin at 25K USD within the next 5 months, though I won’t be sad if it Doesn't hit, because we have the whole 2021 for that!

This is to imply that the crypto market is not correlated to the global stock market and that is to say that crypto has a better future.

I could see a "Cause and Effect relationship" by now. From Fiat to digital transformation, it was a huge market innovation that makes people to adopt crypto at this pandemic and encourage people to get in. I know that most of us are shocked to see how the market it surges despite of the current situation but likely it was a positive result from a massive market adoption. Then it has to think a sustainable market growth if the crisis will go farther but I wasn't very optimistic with the market to reach beyond $20k.

[fullhdpixel]

The price actually goes up in a way but it has been stopped for a while, that means we are back to bull mode. Normally a regular increase that we do not call (not all increases in prices are bulls) stops after one move, like let's say it goes from 9k to 11k and stops that is not a bull, that is an increase, but if it goes from 9k to 9.5k one day, next day 9.5k to 10.3k and nex.. continues like that constantly, that is a bull run. That is why I believe right now we are living in the perfect example of a bull run and I believe we are going to go up even beyond the ATH very soon.

I still wouldn't buy from here, why would I risk it when the price went up when I could have bought when its cheap, but that doesn't mean I believe it will go down, that is just a principle I have in trading world.

[Ridwan Fauzi]

We can't specifically predict how much bitcoin's price at the end of this year. It could be pass through the priviois all time high $20.000 or below that price. Or even, the price of $20.000 can be reach before the end of this year like in september or october. Because if we see the current price movement when good sentiment ongoing to increase $1000 just need a few hours.

Just focus on your intention, I mean when you have been predicted that bitcoin price will touch another all time high you may need to prepare. Buy bitcoin as much as bitcoin as you can and hold it until the high price that you have predicted is reached. Also, I agree for those who says don't just follow the other people's prediction even if it's an expert, they could be wrong. Don't forget to set management risk, bitcoin's price is highly volatile you may lose your money in several times.

[el kaka22]

Right now everything looks to be going great, I believe there is a chance that bitcoin could definitely reach a new high level if it continues like this. Do not be fooled by the drop because corrections always happens during the big increase periods, look at the $20k period and how it got there, there were multiple times when the price went down a bit before it reached $20k so that means that we are still on the right path.

Now that doesn't mean we will reach there but the potential and the outlook looks to be like bitcoin will reach those new highs. Of course in order to do that we should not be pessimistic about our future and not spread FUD along the way as well, as long as we are all hyped and continue that hype towards our messages around the crypto world, it should continue to go up.

[bitbunnny]

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.

There is no limit for bitcoin and 15K is not a big target compare to what we are witnessing these days, the pump in the market. I think if this continues we may see 20K in this year and even 25 K is possible because as we go higher there will be no or less resistance.

I'm not so convinced that Bitcoin will go so high. Everything is looking fine when price is  on the rise but don't forget how easy that can change. Just think how long it took for price to get over 10000$ and that still doesn't mean it will stay there. At the moment we don't have so smooth and continuous growth so I don't think that 15000$ is easy target.

[aioc]

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$

The most realistic price or that will come close id $25000 based on how the price move within a span of three months the movement is slow but stable if nothing big is happening or no big news coming in we are lucky if it jump to $25000 but hoping that it will move up further even if we are in pandemic.

[maydna]

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$

The most realistic price or that will come close id $25000 based on how the price move within a span of three months the movement is slow but stable if nothing big is happening or no big news coming in we are lucky if it jump to $25000 but hoping that it will move up further even if we are in pandemic.

I think the same thing as you. Perhaps, the price will be ranging at $25k-$50k in these situations, and in the next year and the rest, perhaps, we will see less than $100k. In the next halving, we might have seen the price at more than $50k-$100k or even higher, but the market can decide itself without notice, and we can only wait for what will happen with the market.

If bitcoin price can jump to $15k in a short time, and the price still increases to $20k, I think that will be a good sign for us because we will see another new ATH this year or next year. We will have the possibility to make a lot of money from bitcoin, and we also can make a profit from altcoin.

[Spaffin]

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$

The most realistic price or that will come close id $25000 based on how the price move within a span of three months the movement is slow but stable if nothing big is happening or no big news coming in we are lucky if it jump to $25000 but hoping that it will move up further even if we are in pandemic.

And yet, even in a pandemic, the cryptocurrency market is showing very good results. I help that This suggests that investors are more likely leaving more familiar and less profitable assets in favor of cryptocurrencies. This is why, when the economies of many countries are suffering very badly, the cryptocurrency market receives a high degree of attention from investors who previously did not want to take risks with cryptocurrency, but today saw great potential despite the volatility.

[smyslov]

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$

Still hanging we are still halfway so far the market is doing good this is the best price this year, so many good things to expect Bitcoin is making a good comeback after two years of bad performance, could have come at the best time when we are struggling in this pandemic, I really thought that Bitcoin will lose value when the market crash thanks to the whale's support.

[Eugenar]

It is really hard to tell. Recently, there was a sudden increase in its market price and the majority thought it would be already the start of a bullish season for Bitcoin and other cryptos. But again, its price stopped at a certain point.  Its ATH is around the $20,000 mark and I think the gap is just that big and won't be easily covert by temporary increase in its value, for a short period of time.

So if ever this year, with doubts, will be again a year wherein cryptos would go "up", I think it is too early to conclude for this year. Its mrket value could climb in  sudden, or go down. Who knows? So if you are planning to invest, think twice and be ready.

[AmoreJaz]

It is really hard to tell. Recently, there was a sudden increase in its market price and the majority thought it would be already the start of a bullish season for Bitcoin and other cryptos. But again, its price stopped at a certain point.  Its ATH is around the $20,000 mark and I think the gap is just that big and won't be easily covert by temporary increase in its value, for a short period of time.

So if ever this year, with doubts, will be again a year wherein cryptos would go "up", I think it is too early to conclude for this year. Its mrket value could climb in  sudden, or go down. Who knows? So if you are planning to invest, think twice and be ready.

achieving the $15-20k level this year will not be easy. but the possibility is always there. if you want to invest in bitcoin, you have to ask yourself if it will be for short term or long term? you can also get profit even in short term trading. just exercise the simple rule of trading - buy low, sell high. dont be greedy, as it will mess up your plans. as long as you are on the positive side. youre good to go.

[Fundamentals Of]

It will reach high price in 2020 of course but whether it is a new all time high or not I am not sure. But I would already be very happy and fulfilled if Bitcoin will close this terrible year with its price closing at around $17,000.

Forget about the $33,000, $50,000, and $100,000 for now. They will come later.

[Janation]

I think we will not have an ATH this year.

The price is quite good in terms of movement these days but with some people here needing some profits they can use to sustain themselves withva long low price in the past months, it may just go back and forth from high and low. As I said 4 to 5 digit price.

We might reach $20K but I doubt it will be much better than that.

[beerlover]

Halving does effect bitcoin price a bit but people are overreacting on how much it does, by the looks of it miners didn't cared about the fall of their rewards because they could just spike up the transaction costs. Many places now charges you about 5-10 bucks just to withdraw your money because the miners are charging the same amount of bitcoin they used to while bitcoin price goes up and they even charge more to make it very quick as well.

So, basically they are not worried about "lack of income" from the halving, because they found another method they could make their money hence why halving didn't change the price like we all imagined it would. In any case we should be looking at somewhere between $15k-$20k if you ask me, I am not expecting something huge.