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Author Topic: Where do you see Bitcoin price by the end of 2020?  (Read 369 times)
Oasisman
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August 01, 2020, 11:09:12 PM
 #21

As the title says, what is your prediction of Bitcoin price by the end of this year (2020).

Will Bitcoin reach a new ATH?

Price should be around ATH so $20000. It can be more or less. It dont really matter. For sure 2021 will be a positive year for Bitcoin again.

Isn't it considered a positive year for Bitcoin this year?
I mean even amidst the world economic and health crisis, Btc continued to gradually made an upward movement right after it fell to almost $3,000 level in March during the first phase of the pandemic. The current Btc price run is slightly better than 2019 in a year-to-date basis.

Anyway, ATH is always very much possible before the 2020 ends.
I only have one thing in my mind right now, If Btc breach $15k in the 4th quarter, then most likely Btc will be heading to break another ATH around $20k level.
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August 02, 2020, 12:23:09 AM
 #22

As the title says, what is your prediction of Bitcoin price by the end of this year (2020).

Will Bitcoin reach a new ATH?
That ATH is a way too far from now and even though we have some pumps this time but it is not actually the case to think about a bullish market will come next. If we are into the real scenario, not just in imagination we can tell that the market is still not prepared for it. I'm not closing this time to come but it was hard to make it this year. However, it was then good to see that we are moving forward despite of the pandemic situation cause global market recession and we glad that we are still keep moving high.

If the current momentum will sustain until the end of this year, $15k is not possible but doubted to go far and reach $20k IMO.
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August 02, 2020, 12:57:43 AM
 #23

Last day I went through some of the historical movement of bitcoin and my own custom metrics to find how high the price may go. My predictions made the bitcoin rise upto about 21K USD and the subsequent correction would be resisted around 11.5K USD making a slight correction afterwards. I have already placed my sell orders (at different support level) as the price crossed 11.5K.


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August 02, 2020, 05:02:34 AM
 #24

As the title says, what is your prediction of Bitcoin price by the end of this year (2020).

Will Bitcoin reach a new ATH?
That ATH is a way too far from now and even though we have some pumps this time but it is not actually the case to think about a bullish market will come next. If we are into the real scenario, not just in imagination we can tell that the market is still not prepared for it. I'm not closing this time to come but it was hard to make it this year. However, it was then good to see that we are moving forward despite of the pandemic situation cause global market recession and we glad that we are still keep moving high.

If the current momentum will sustain until the end of this year, $15k is not possible but doubted to go far and reach $20k IMO.


i think am with you here, $15k is like a safe assumption, but we will see where this $11k is heading for the next couple of months. but in general, this $11k jump in the past few days is actually a very very good leap and not expected, on my side. but looking forward what the market's sentiments be in the next few months.

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August 02, 2020, 09:35:37 AM
 #25

As the title says, what is your prediction of Bitcoin price by the end of this year (2020).

Will Bitcoin reach a new ATH?
Don't know I don't have any specific price to be predicted, but clearly the movement price now is trying to reach the privious all time high i.e $20.000 but after that I don't have any prediction. As a trader we will see the history of the price to compare the current price movement and indeed this history price will be affected to the current price movement like in support and resistance.
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August 02, 2020, 12:21:02 PM
 #26

As the title says, what is your prediction of Bitcoin price by the end of this year (2020).

Will Bitcoin reach a new ATH?
Don't know I don't have any specific price to be predicted, but clearly the movement price now is trying to reach the privious all time high i.e $20.000 but after that I don't have any prediction. As a trader we will see the history of the price to compare the current price movement and indeed this history price will be affected to the current price movement like in support and resistance.

I don't think that we will be seeing an ATH this year though.

The price are increasing and falling also. The past that we reached an ATH, the price just surprisingly pump up to $20K but right now, the price broke $12K price and fell to $11K and staying there. I guess starting this month we might just be used to 5 digit prices. We might see some 4 digit but I think not that long.
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August 02, 2020, 03:06:01 PM
 #27

Last day I went through some of the historical movement of bitcoin and my own custom metrics to find how high the price may go. My predictions made the bitcoin rise upto about 21K USD and the subsequent correction would be resisted around 11.5K USD making a slight correction afterwards. I have already placed my sell orders (at different support level) as the price crossed 11.5K.
for this year it might be realistic to have bitcoin at $ 15K, and will continue to move up again the following year.
if until the end of this year bitcoin can reach $ 15K, then we can be sure to move steadily towards a positive direction until next year where the halving prediction is that next year the peak of the increase in bitcoin.

it is certain that the increase next year will reach more than the increase in 2017. But where is the highest price bitcoin? certainly will be seen from the last price this year.

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August 02, 2020, 04:13:23 PM
 #28

Price should be around ATH so $20000. It can be more or less. It dont really matter. For sure 2021 will be a positive year for Bitcoin again.

Isn't it considered a positive year for Bitcoin this year?
I mean even amidst the world economic and health crisis, Btc continued to gradually made an upward movement right after it fell to almost $3,000 level in March during the first phase of the pandemic. The current Btc price run is slightly better than 2019 in a year-to-date basis.

Positive year is every year when price on 31th Deember is higher then on January 1st.  Most years so far were positive with exception of two 2014 and 2018.   Both 2020 and 2021 will be positive.
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August 02, 2020, 04:42:19 PM
 #29

In my opinion it will reach $15000 at the end of this year. Bitcoin is always king and it will be the same. May be it can reach upto $18000 at the end of 2020. Let's see what happens.
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August 02, 2020, 05:00:52 PM
 #30

I would say we started the year at around 7k and that is why I feel like 14k would be around where we will end it. I know it is not like something we do all the time and it changes year to year basis as well but I feel like double the start of previous year is something bitcoin can handle, could it be lower or higher? Sure of course it can be, but the "realistic" increase is definitely 14k, anything above would be awesome and anything less would be disappointing, so that is why I put my money to 14k.

If it reaches 14k I am selling all of mine and getting out, I will wait for it to go under 10k once again before I buy, that is of course if it can reach 14k and I can sell, if it doesn't then I will have to just wait until it does reach that level so that I can sell it even if it is 2021 and not 2020.

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August 02, 2020, 07:15:43 PM
 #31

I'm sure the new ATH will definitely be achieved but not this year and at least to surpass 15k at the end of this year I'm sure it's very possible to happen, slow movement so far but continued support is strengthening the market to hit the new ATH next year. So I'm sure the end of this year will be a process to reach all time high so it is possible to surpass 15k and maintain it because the market will continue to strengthen.

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August 02, 2020, 07:20:27 PM
 #32

Bitcoin is so much volatile coin. This is not easy to predict. Bitcoin is a potential crypto currency. In the end of 2020 Bitcoin price will hit $17k to $20k.

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August 02, 2020, 08:53:37 PM
 #33

By the end of the year price will stay in the range between 10000$ and 12000$, that is my opinion. Despite positive current trend I don't expect huge price jump but neither a fall. There is possibility for price to touch 15000$ but that will probably be on short term basis and it will not last long. If pandemic gets worse that also might impact Bitcoin price, at least indirectly, so it's hard to tell but I don't expect some major changes compared to current situation.

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August 02, 2020, 10:22:33 PM
 #34

By the end of the year price will stay in the range between 10000$ and 12000$, that is my opinion. Despite positive current trend I don't expect huge price jump but neither a fall. There is possibility for price to touch 15000$ but that will probably be on short term basis and it will not last long. If pandemic gets worse that also might impact Bitcoin price, at least indirectly, so it's hard to tell but I don't expect some major changes compared to current situation.
Well, higher, please!
I aggressively think that bitcoin price will double the price at this moment at it will repeat the price just like what happen of 4rth quarter in year 2017 which bitcoin price was in the bull run. I am not good at technical analysis but perhaps I have a sense of humor to guess like the fundamental analysis throughout the market speculation. So, at the end of this year, I saw my vision that the price will become $20k at the end of the year. The halving event gave us a strength to believed that the bitcoin price will plunge soon.









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August 02, 2020, 10:43:48 PM
 #35

The last quarter is very interesting to see because in the past years, at this time mostly the market is making a magic line and taking it to surge. But I can't make it to compare the past that it works the same because of the current situation and that it makes me just to say $15k it having of its chance to achieve. I'm not looking for another ATH nor to seek it because truly the situation can't make it possible and we know that already.

2020 is not a perfect year for crypto but there is one thing I see the impact of the pandemic, and that is market adoption which leads to a more surprising price trend in the next year.
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August 02, 2020, 10:49:12 PM
 #36

As the title says, what is your prediction of Bitcoin price by the end of this year (2020).
Maybe $15,000, that if we don't break the ATH this year, bitcoin is getting bullish already though there's no FOMO yet but the overall market performance is good, there was a sudden dump when bitcoin reached $12k, but it's holding now, unlike before that it will dump harder than it pump, so it's a sign of improvement that bitcoin has good support already.

Will Bitcoin reach a new ATH?

Yes...but this year? my confidence is not 100% though I really like to see it.

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August 02, 2020, 11:18:20 PM
 #37

Will Bitcoin reach a new ATH?
I don't think that Bitcoin will reach a new ATH at the end of this year. Even if the price has increased quite well but it seems the increase will stop at a certain amount before ATH. The price itself right now has decreased to $11,101.97. And it may have chance to decrease again or increase. We can see the price today. In this situation, we cannot panic and expect too much to reach the ATH. Just be realized to expect the price of BTC so far.

..Then it will again fall and in the year end it maybe hold a stable position on 12k-13k$.
..
I also think that it is difficult to reach ATH at the end of this year. The price probably will reach around this amount or maximal $14k.
But once more, this is only my prediction where I am not a good predictor on the bitcoin market.


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August 03, 2020, 12:40:51 PM
 #38

By the end of the year price will stay in the range between 10000$ and 12000$, that is my opinion. Despite positive current trend I don't expect huge price jump but neither a fall. There is possibility for price to touch 15000$ but that will probably be on short term basis and it will not last long. If pandemic gets worse that also might impact Bitcoin price, at least indirectly, so it's hard to tell but I don't expect some major changes compared to current situation.
many expect the price of bitcoin to touch $ 15k this year. if that happens, then this is the first time since 2019 that the price of bitcoin has returned to that point. Well, I also suspect that the price of bitcoin can reach that price. bitcoin prices need to reach $ 12k at the end of this month, or at the beginning of next September.

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August 03, 2020, 01:25:27 PM
 #39

By the end of the year price will stay in the range between 10000$ and 12000$, that is my opinion. Despite positive current trend I don't expect huge price jump but neither a fall. There is possibility for price to touch 15000$ but that will probably be on short term basis and it will not last long. If pandemic gets worse that also might impact Bitcoin price, at least indirectly, so it's hard to tell but I don't expect some major changes compared to current situation.
many expect the price of bitcoin to touch $ 15k this year. if that happens, then this is the first time since 2019 that the price of bitcoin has returned to that point. Well, I also suspect that the price of bitcoin can reach that price. bitcoin prices need to reach $ 12k at the end of this month, or at the beginning of next September.

We already see the price comes at $12,000 and it really surprise us so provably those $15,000 figures will reachable by this year since $3,000+ price difference is not to far to achieve. Hype still ongoing these days so maybe we can even see more from it, remember many people expects to see a good pump and this is a good sign that everyone is positive on the outcome at the end of this year.

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August 03, 2020, 01:28:57 PM
 #40

As the title says, what is your prediction of Bitcoin price by the end of this year (2020).

Will Bitcoin reach a new ATH?

I don't really expect anything big from the market to happen in this year. And contrary on what's really happening, I rather presumed btc price to be somewhere below $8k, given the circumstances we are facing right now. However, market still shows positive movement though, obviously, but even so I don't foresee new ATH by this year. But it is good if it happens though  Tongue, it is just kind of early considering that halving did take place recently.
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