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Author Topic: Bitcoin will touch the high price in 2020?  (Read 799 times)
Febo
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August 09, 2020, 04:07:33 PM
 #61

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


I give it little chance for Bitcoin to reach $25 in 2020. There will be huge resistance at $20k. We have 4 months left of this year.  I would not be surprised if we dont even touch $20k.
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August 10, 2020, 10:55:16 AM
 #62

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


I give it little chance for Bitcoin to reach $25 in 2020. There will be huge resistance at $20k. We have 4 months left of this year.  I would not be surprised if we don't even touch $20k.

That's much closer in case bitcoin pumped that hard before the end of the year, it's about how supports will established and how
 people will continue buying and holding this asset.

We still have time and we already witness this way back 2016 before that huge pumped back in
2017, might be different in terms of how things will be push thru since there's still virus that really
affects every investors mindsets and points of views.









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August 10, 2020, 11:35:12 PM
 #63

I give it little chance for Bitcoin to reach $25 in 2020. There will be huge resistance at $20k. We have 4 months left of this year.  I would not be surprised if we dont even touch $20k.

It seems it will hard to touch $20k this year, and maybe in the next year because bitcoin price is not moving fast. But if in 4 months, bitcoin price can increase every week, it will not be impossible if we will see $20k or even more this year. But I think if the price can touch $15k in these 4 months, that will be good for us because we can profit at that price.

It is hard to predict the bitcoin price next year. This year I think it is possible to reach $20k but it will require a lot of pump which isn't obvious until now. The resistance is quite solid around $12k!

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August 11, 2020, 12:05:24 PM
 #64

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$

It's possible it's still 50/50 because of the pandemic we are in if we are not in the pandemic I can confidently say that the price can reach another all-time high, but since we are in I have a small doubt but I'm hoping we can reach another all-time many will be happy because we have been in a very long bear market.

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August 11, 2020, 12:25:13 PM
 #65


It's possible it's still 50/50 because of the pandemic we are in if we are not in the pandemic I can confidently say that the price can reach another all-time high, but since we are in I have a small doubt but I'm hoping we can reach another all-time many will be happy because we have been in a very long bear market.

I think the reason why the price increase is because we are in the pandemic.

Compared to last year, bitcoin wasn't so bullish, and last year the economy is good, no pandemic, everything is normal, but this year could be the worst year since everyone is affected but it could be a good year for crypto based on the way bitcoin move.

Who would have thought bitcoin will be bullish after a big dump this year?
In fact, we already reach $12k though we didn't stay there but bitcoin is now continuously breaking big resistance.

Everyone could make a guess but I believe there is something big we can expect this year, and that is a new ATH.
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August 11, 2020, 02:13:16 PM
 #66

It is hard to predict the bitcoin price next year. This year I think it is possible to reach $20k but it will require a lot of pump which isn't obvious until now. The resistance is quite solid around $12k!
A few months ago bitcoin had been consilidated for three months to pass $10.000 barrier. At that time bitcoin had been traded at the range of $8.800-9.700 but after that when the trader believe bitcoin could reach $10.000 its price has been reached and until now bitcoin's price still showing in uptrend movement.

It could be like that, when we (trader/investor) believe that bitcoin can pass the privious all time high $20.000 actually when the price reach $20.000 we will be easy to find another all time high in the short term pariode. We just need a time and also the sentiment market that can lead to the bull run.
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August 11, 2020, 05:38:57 PM
 #67

I don't really think that we would be seeing any new ATH in this year.
I think the highest that we could get would be around $15-17K  and we should really be happy when we reach it for me it would be a huge achievement in crypto again.
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August 12, 2020, 06:48:09 PM
 #68

People are forgetting the fact that bitcoin technically doesn't have anything that keeps it low or high, it is only the people who buy and sell that matters and whatever they think is the price will be the price. Which means in a month we could have bitcoin over 50k, or we could not see that at all as well like we haven't seen that price in bitcoin history.

So, it is always possible to see a huge price for bitcoin but just because it is "possible" doesn't mean that it will happen like that and people would be all buying bitcoin like crazy to increase the price without a stop. So, I think the sensible price range right now is 15k-30k levels if bitcoin goes up, but it may not happen as well if people do not agree with me, I have already bought so mine could be just wishful thinking as well Cheesy.
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August 12, 2020, 10:26:03 PM
 #69

People are forgetting the fact that bitcoin technically doesn't have anything that keeps it low or high, it is only the people who buy and sell that matters and whatever they think is the price will be the price. Which means in a month we could have bitcoin over 50k, or we could not see that at all as well like we haven't seen that price in bitcoin history.

So, it is always possible to see a huge price for bitcoin but just because it is "possible" doesn't mean that it will happen like that and people would be all buying bitcoin like crazy to increase the price without a stop. So, I think the sensible price range right now is 15k-30k levels if bitcoin goes up, but it may not happen as well if people do not agree with me, I have already bought so mine could be just wishful thinking as well Cheesy.
We are all wishing into those high digits but we should always consider to be at least realistic on what we are presuming because price cant really reach that high if demand wont really be that high
compared into that 2017 bubble.Yeah its hard but we know that theres a possibility and its just too far off for someone to talk about 100k price in 2020.For 2020 then 13-15k would be ideal but if
price would break into much higher then it would be the better.For now the thing we can only do is to wait up and if you do able to buyback into those low prices in previous months then
patience would really be the main thing to be tested on.
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August 13, 2020, 08:01:05 AM
 #70

I don't really think that we would be seeing any new ATH in this year.
I think the highest that we could get would be around $15-17K  and we should really be happy when we reach it for me it would be a huge achievement in crypto again.



Current barrier is at 12k levels and after crossing we can see it at 13k levels too. But yes 2020 will it be ATH is difficult to say though we should be seeing anywhere near 15k would be a real big thing as in a year’s timer it would have given very significant profits and should get stable 15k upwards.


   I don't believe that Bitcoin will reach new ATH this year as well. I think we can be happy with the current price, it's over $11k and
it's holding good. Little higher price, and we can be satisfied with Bitcoin performance for this year. It's good to open the next year
with some higher price, many of us here on forum expect a lot from next year.



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August 13, 2020, 11:27:51 AM
 #71

We can only speculate about what's going on in the market, but don't really know which way the market is going, sometimes the crypto market goes upside down on what many people say.
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August 13, 2020, 01:40:53 PM
 #72

Could it touch the high price? It definitely could but the stagnant situation we have in bitcoin right now doesn't really feel like it is going up any time soon, buyers already bought and they are waiting, since they are not buying a lot anymore the sellers are taking over once again slowly, it is not a big take over right away but unless we get some more buyers the price can't handle this sell pressure forever.

You have to realize that bitcoin price has to go up as quickly as possible, if it doesn't and becomes a bit undecided that means sellers will creep back out and sell more to drop the price, which would help people who short and have high leverage as well so there is a big reason to keep pushing it down. I am not sure which way it will go but we need a push from buyers once again.
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August 13, 2020, 02:03:01 PM
 #73

We can only speculate about what's going on in the market, but don't really know which way the market is going, sometimes the crypto market goes upside down on what many people say.

The market is holding back the price of above 11500$ as yesterday it had gone low till 11150$ and bounced back from there. It rose till 12k but again fall back a bit and trading somewhere near 11600$ now. So, it seems for now this is the price range where bitcoin is finding its resistance. It would be best if it can continue to stay above the 11500$ for long time.

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August 13, 2020, 05:09:10 PM
 #74

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$

Most likely, the closest goal is for it to reach $ 33k, but that may take a little longer, if everything goes at its own pace without suffering a similar fundamental such as Covid-19, this movement may occur more. fast, however the problem of the world economy can make the movements of investors lean towards gold and Bitcoin, it is something subjective, because everyone wants to safeguard their money.

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bitgolden
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August 14, 2020, 07:19:33 PM
 #75

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.

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August 15, 2020, 05:11:06 AM
 #76

for now, I am pretty sure that bitcoin prices could exceed $ 13k or $ 14k by the end of the year, some predictions even say that bitcoin prices could go as high as $ 15k. This will certainly create new potential in 2021. Well, the most likely is when the price of bitcoin increases by thousands of dollars in just a few weeks. So, I think it is now possible for bitcoin to increase.

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August 15, 2020, 05:42:27 AM
 #77

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 retracement of the bitcoin is good because the volume also decreased and it only means that it is a bullish sign. The consolidations in the daily chart are also good thing because the longer the consolidation the better as long as the trend will not become a sideways. Look at the support of the bitcoin, it is always holding which means that the demand in that area is pretty strong. Let's see if there will be a breakdown or breakout that will happen.
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August 15, 2020, 09:56:29 AM
 #78

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$

I don't see that bitcoin will touch the value you said for the end of this year, my prediction is that bitcoin ability will be able to touch $ 15K only, but it will likely go up high in the next year. This is based on the halving that has been passed in two periods, that after the halving, only a year later there will be a sharp increase.

The last halving is in 2020 and it is certain that it will happen in 2021, not in 2020, but there will indeed be an increase, but not as high as what has been said.

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Kong Hey Pakboy
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August 15, 2020, 12:39:13 PM
 #79

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$

I don't see that bitcoin will touch the value you said for the end of this year, my prediction is that bitcoin ability will be able to touch $ 15K only, but it will likely go up high in the next year. This is based on the halving that has been passed in two periods, that after the halving, only a year later there will be a sharp increase.

The last halving is in 2020 and it is certain that it will happen in 2021, not in 2020, but there will indeed be an increase, but not as high as what has been said.
Even we are in the middle of coronavirus crisis, bitcoin is still improving and becoming more stable after bitcoin halving was occured that bitcoin have already reach it's price to $12,000. So there is a chance for bitcoin to reach $15,000 before the end of the year of 2020 because a lot of people are now holding and buying more bitcoin.

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August 15, 2020, 12:46:55 PM
 #80

for now, I am pretty sure that bitcoin prices could exceed $ 13k or $ 14k by the end of the year, some predictions even say that bitcoin prices could go as high as $ 15k. This will certainly create new potential in 2021. Well, the most likely is when the price of bitcoin increases by thousands of dollars in just a few weeks. So, I think it is now possible for bitcoin to increase.
Bitcoin price may still increase this year but not to the point that it will goes too high. I don't think that these Pandemic can bring bitcoin to set new ATH, either the DeFi hypes or the shifting of some economy into legalizing bitcoin. While these reasons can bring more increase but not enough to fully reached a new ATH or what OP prices mentioned. Will see upto what amount BTC will set it's record this year.

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