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Author Topic: BTC Targets for 2020  (Read 527 times)
SnapExOfficial (OP)
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November 06, 2020, 11:01:36 AM
 #1

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?
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November 06, 2020, 11:08:18 AM
Merited by philipma1957 (2)
 #2

The market at the moment uncontrollable and the ATH is getting close. Btc is on bull with no major retracement. I don't think we might see $20,000 this December, what I can trace for this recent bull is the American election going on and when the winner is announced, the market can do a little retrace and stabilize. So $20,000 maybe in next year.
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November 06, 2020, 11:23:54 AM
 #3

Do you think we will see it break past $20k?
It is possible. During the last ATH rally in 2017, it was not until the end of November that Bitcoin surpassed $10,000 but at this point now it is already testing the $16k resistance level. The value of Bitcoin is unpredictable, but we could very well see a new All Time High before the end of they year.

<...>
Regardless of who emerges victorious, it would have little effect on the Bitcoin market overtime. Afaik, neither candidates has interest in aggressive policies which influences Bitcoin and cryptocurrencies. Some parties even suggest that Biden's policy on tax and money printing would shift more people into Bitcoin.

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November 06, 2020, 11:40:28 AM
 #4

The market at the moment uncontrollable and the ATH is getting close. Btc is on bull with no major retracement. I don't think we might see $20,000 this December, what I can trace for this recent bull is the American election going on and when the winner is announced, the market can do a little retrace and stabilize. So $20,000 maybe in next year.

Is it really the US election makes the bitcoins value higher? I think you should also consider the demand comes from other countries unless if all the supporters on that election will invest in bitcoin. Bitcoin is getting more and more popular and there is no doubt that one day or maybe this year it will reach another ATH.

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November 06, 2020, 12:01:32 PM
 #5

I think it is important for people to not get too excited about the surge in price. These violent moves can really mess up your emotions if you don't have a clear strategy on how to approach the market.
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November 06, 2020, 12:27:47 PM
 #6

We are not far away from 20k mark. Btc price haven't fall back since so long. Generally we see price correction in crypto market after a pump. But this time there is no sign of price correction for btc and it continuously going up.  So bitcoin will reach new ATH shortly if everything flows same way. Though there are a lot of talk about US election and bitcoin price pump. A little dump and price correction may happen soon. But I think that bitcoin will cross 20k before the end of this year.

R


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November 06, 2020, 12:31:36 PM
 #7

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?

It's possible to achieve a new ATH this year, however, I think this run will not result to a new high, bitcoin won't break to $20,000 and price will start to come back and will correct again, but I have a feeling that bitcoin price will end at least $12,000 this year.
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November 06, 2020, 12:35:17 PM
 #8

optimistic bro, because the bullish situation is getting worse, maybe between the end of December. it's still a prediction, or maybe it's time for BTC to return to the ideal that traders have been waiting for. always keep an eye on the moves, because getting to the $ 20,000 price point requires a big jump. Likewise for altcoins, they are quite influenced by btc.

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November 06, 2020, 12:42:54 PM
 #9

Everything is possible in crypto. If I am not mistaken then most likely we are in a bull run when bitcoin crossed $10K. What I observed, we have been seeing a positive move on Bitcoin price. I don't know what is the exact reason for the pump, I am assuming due to gambling around the US election and probably gamblers using Bitcoin for anonymity. If Bitcoin stays stable above $15K for a few days, most likely we will see an ATH once again. We were very near to the previous ATH. Let's think positive and hope bigger.

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November 06, 2020, 12:58:55 PM
 #10

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?

Bitcoin went from $10k to almost $16k so there's a big possibility that we can see it break past $20k at the end of the month or early next year.

But it's just the beginning, there are models around that bitcoin can go as high as $50k or even $100k, so I would rather hold and continue to accumulate and not worry about the price as long as it is gaining, just saying.

R


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November 06, 2020, 01:44:20 PM
 #11

Yes, I'm very positive on that. Bitcoin gave us a $6k-growth in just a matter of two months. I cannot find any convincing reason why it cannot give us just another $4k plus in another two months. The momentum is here. The adoption is here as well. The institutional investors are also here. There is really no reason why Bitcoin would not achieve $20k this year.

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November 06, 2020, 01:58:22 PM
 #12

I am not sure if the bitcoin price can reach $20k at the end of this year, but I guess the price can reach $17k for the first floor target. But I don't know when the bitcoin price can reach that price. But if we saw what is happened in 2017, the price seems easy to increase the highest price at that time, so maybe this time, bitcoin price will easy to break $17k and reach $20k at the end of the year. It is still possible to happen, but we don't know when to go to that price.

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November 06, 2020, 02:06:18 PM
 #13

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?
The prize going to up rapidly .I said many times it could touch the level 15k$ mark at the end its come true .It has overcome my prediction .However the way its going we can see 20k$ soon hopefully it can happen at the end of this year .Still we have some time to filled our wallet with btc .

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November 06, 2020, 02:24:45 PM
 #14

I am hoping to see an all-time high for this year, we are not too far from $20k and that is what we are looking for before this year ends, the movement of the bitcoin is continuously increasing and this is a good sign that bitcoin may reach the ATH. if this thing will happen then this would be my first time seeing the bitcoin reaching so high as a newbie in the crypto world.
I think it is important for people to not get too excited about the surge in price. These violent moves can mess up your emotions if you don't have a clear strategy on how to approach the market.
Yeah, there are still many things that may happen, let us still be focused, do not let our emotion decide what to do.

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November 06, 2020, 04:03:36 PM
 #15

I don't think the price of Bitcoin will be able to cross the previous high of 20k.  The price of Bitcoin has slowly come down from 10k to 16k.  However, it is unlikely to go to 20k.  My own opinion is that the price of Bitcoin could rise to a maximum of 18 this year.  However, in 2021, the price of Bitcoin will exceed the previous 20k.  The main reason for the rise in the price of Bitcoin at the present time is the US election.  The Bitcoin market has grown due to the instability of the US election.

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November 06, 2020, 05:05:39 PM
 #16

Do you think we will see it break past $20k?
It is possible. During the last ATH rally in 2017, it was not until the end of November that Bitcoin surpassed $10,000 but at this point now it is already testing the $16k resistance level. The value of Bitcoin is unpredictable, but we could very well see a new All Time High before the end of they year.
I would just agree to others that this year's bitcoin price movement will be dramatic as it is moving positively during the pandemic, a blessing in disguise? I don't think so. We are all hoping for the highest it could be at, would be glad to touch $20K again but it will just drop again no matter how we speculate it. Bitcoin is made as an investment, we don't need to pretend as if we are not going to sell when it touches a high price  Grin

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November 06, 2020, 05:21:48 PM
 #17

If we look at the previous bear/bull cycles, it would be natural for the price to be drawn towards points of resistance to test them. It's a normal situation for any asset to do so. We broke the 14k resistance and the price exploded because there are no known resistance levels above that price up until maybe 17k. What the charts are showing is that most of the fiat that was waiting to come in has done so and we'll either have to wait for another wave of deposits or a small correction, maybe to 14k? Touching 14k and moving back up would be even more healthy than a rocket flight to 17k.

Most likely, this will not happen, the price will stop growing very soon.

Anything to support that, or is it just your bet?

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November 06, 2020, 05:24:07 PM
 #18

Most likely, this will not happen, the price will stop growing very soon.

I think also that it is a hype that is ralling up with high degree but will cool out soon. Nothing last forever and when it gets to the exhaustion, it wll shade out for a drop down and get stable. The news from palpay and the season can be part of it.
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November 06, 2020, 05:35:56 PM
 #19

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?

Neither yes or no and theres only two answer in regards to this question yet the price can only go into these path. Reaching out 20k before this 2020 ends? It matters and if the current price
do able to hold for a while and having  these small pumps or price rally then we might be seeing 20k in not so far days but i do still doubt yet we are really just too fast and im scared when
it comes to these scenario yet to know that price can decrease on how it did really fast it did gain before.We do need some established supports on here.It doesnt matter if it would took
so long but at least we cant really just crash that hard. Im aint rushing though even i do held up some coins which are intended for long term but most of the time i do make
active trades for accumulation.

R


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November 06, 2020, 05:43:49 PM
 #20

Everything is possible in the crypto market, you can see bitcoin rise to $ 20,000 or return to $ 10,000 in 2020.
Personally, I want bitcoin to rise to $ 20,000 in December 2020, if that happens maybe everyone in the crypto market will have a merry Christmas.


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November 06, 2020, 05:48:19 PM
 #21

Yes indeed, looking at the current trend I am sure that Bitcoin will break the barrier of $20k before the end of the year, now we have started seeing pump in the value of altcoins as well which is a great news for crypto enthusiasts. We have been waiting for this Bullrun for over two years and finally it has arrived, I would advise everyone to make most of it and avoid falling into trap.

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November 06, 2020, 06:10:12 PM
 #22

I'm pretty sure bitcoin will rise to the price of $ 20,000 in the future, probably late 2020 or early 2021.
Bitcoin is experiencing steady and sustainable growth, during the pandemic when people stay home and participate more in the internet, bitcoin has proven to be a good coin and a good investment channel.


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November 06, 2020, 06:30:00 PM
 #23

Well, at first I didn't expect that it will reach 10k$ mark early if we compare the BTC chart in 2017.

But look at the price value right now, it's already in the 15k$ mark, meaning it has potential for a new ATH this year. It already resisted how many times and I guess it's time to surpass the 20k$ this year 2020.

Everything is possible in the crypto market, you can see bitcoin rise to $ 20,000 or return to $ 10,000 in 2020.
Personally, I want bitcoin to rise to $ 20,000 in December 2020, if that happens maybe everyone in the crypto market will have a merry Christmas.
It's a gift for us who have faith and trusting bitcoin from the start!
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November 06, 2020, 06:31:23 PM
 #24

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?
Bitcoin price is now so much volatile. This is one of the best and potential coin. We see that Bitcoin price was hit 20k in 2017. By seeing this pumping i say that Bitcoin will break 20k $ in this year. Now most of the holder hold btc.  When they start to sell it then btc price will decrease little bit. Otherwise its price will hit 20k as soon as possible.

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November 06, 2020, 06:54:51 PM
 #25

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?

Just because it touches nearly $16,000, then we can assume it will go right away to the $20,000.

Hold your hopes for the moment. If it happens, then everybody will be glad but for now, let's not shift into advanced thinking so that you won't expect much. $20,000 is realistic to breached but the answer is just when.

Sometimes, a big increase is associated with a sudden dump. Not that it will happen right away but always be cautious.

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November 06, 2020, 07:10:21 PM
 #26

Yes indeed, looking at the current trend I am sure that Bitcoin will break the barrier of $20k before the end of the year, now we have started seeing pump in the value of altcoins as well which is a great news for crypto enthusiasts. We have been waiting for this Bullrun for over two years and finally it has arrived, I would advise everyone to make most of it and avoid falling into trap.

I'm not so sure about that. 20 thousand is going to be an extremely strong resistance level.

Look how much time we needed to break 10 thousand and then 14. Bitcoin was lurking at 11-12 thousand level for a year! If we now go to 20 it's going to get dumped back to 12.

Paypal news created a strong uptrend but we'll need something more to go above 20.
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November 06, 2020, 08:47:07 PM
 #27

It has to stay first in $15k for a week or two or more. That's a better thing for us to see rather than to quickly jump to all-time highs. The investors have matured and learned a lot from the 2017 bull run. And as much as we want to see it rightaway, we're all cool with what's happening. Stabilizing it first will give us confidence that bitcoin is on the path that we're all desiring to see the price that's best. But not that fast, give it time until 2021 to 2022 for those higher prices. And for the remaining days for 2020, we see it as the process of stabilization first for $10k-$15k and likely to $16k-17k.

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November 06, 2020, 09:10:04 PM
 #28

It has to stay first in $15k for a week or two or more. That's a better thing for us to see rather than to quickly jump to all-time highs. The investors have matured and learned a lot from the 2017 bull run. And as much as we want to see it rightaway, we're all cool with what's happening. Stabilizing it first will give us confidence that bitcoin is on the path that we're all desiring to see the price that's best. But not that fast, give it time until 2021 to 2022 for those higher prices. And for the remaining days for 2020, we see it as the process of stabilization first for $10k-$15k and likely to $16k-17k.

actually the right price at the end of the year is in the range of $ 15K which will allow bitcoin to move back in the following year in a position that is already quite stable at that price. but everything has happened that bitcoin has passed $ 15K but I still hope that a stable price will get bitcoin at the end of this year.

because the decisive prediction is that in the next year bitcoin will be able to continue to move up, maybe even several times the revenue in 2017. All this is only an analysis of the halving that occurred in the first and second which is a significant difference, so hope that the third halving can happen like that. .

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November 06, 2020, 09:24:01 PM
 #29

I cannot say it is impossible to reach $20K this year. However, we must realize that 2020 is almost over. It is in November, so only 1 month left for 2021. In fact, the Bitcoin price doesn't always move up, it is sometimes decreasing or in a sideway. We just experienced a big increase yesterday, so the price of Bitcoin may decline or in aside way in the next few days/weeks. With that possibility, it won't be easy for the Bitcoin price to jump from $15,500 (current price) to $20,000. In my view, it is unlikely to happen just in less than 2 months.
 

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November 06, 2020, 09:38:56 PM
 #30

I am quite surprised by Bitcoin's performance this year, Bitcoin price movements are unpredictable. It is true that the Bitcoin price
continues to rise closer to the ATH price. But reaching a price of $ 20,000 this year seems unlikely, more reasonable price of $ 20,000
will be reached in 2021. With the bullish trend occurring in Bitcoin, making Bitcoin domination reach 64.7% based on the data I saw on
coinmarketcap. This means that more people are holding Bitcoin than altcoins, So be careful who is holding altcoins. I recommend that
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November 06, 2020, 09:52:45 PM
 #31

I'm not sure, as much as I want to see Btc breaking new ATH within 2020, but I guess it would be followed by a quick dump and that's inevitable since there were a lot of people who's waiting for it again to happen after missing the 2017 bulls.
For a span of 1 month Btc rose from $10,000 to the current $15,500 at this moment, base on this movement Btc has still enough time left to hit $20,000, considering we're in a bullrun now.

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November 06, 2020, 10:09:35 PM
 #32

I'm not sure, as much as I want to see Btc breaking new ATH within 2020, but I guess it would be followed by a quick dump and that's inevitable since there were a lot of people who's waiting for it again to happen after missing the 2017 bulls.
For a span of 1 month Btc rose from $10,000 to the current $15,500 at this moment, base on this movement Btc has still enough time left to hit $20,000, considering we're in a bullrun now.
indeed bitcoin is on the rise but I believe that by the end of the year it should be quite stable at $ 15K. remember there is still time for next year that bitcoin will continue to move and can pass the moment when it increases in 2017. Of course we hope this does not miss the existing estimates, we are waiting for that.

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November 06, 2020, 10:51:44 PM
 #33

That it remains unpredictable still then. The $20k is possible to reach but the assurance still unknown. The market is getting stronger, the resistance level keeps pushing high and we are truly in bullish market again just like what 2017 did happen but we also not to forget how the bullish ends. We should still act cautiously...

We still have more than a month before we end up this year, if the momentum has to keep until that time might possible that we hit back $20k. I'm not sure how the US election affecting the trend but to see the coincidence. Because if that really affecting the price then we gonna expect that the trend will to drop after the event.

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November 06, 2020, 11:32:43 PM
 #34

It has to stay first in $15k for a week or two or more. That's a better thing for us to see rather than to quickly jump to all-time highs. The investors have matured and learned a lot from the 2017 bull run. And as much as we want to see it rightaway, we're all cool with what's happening. Stabilizing it first will give us confidence that bitcoin is on the path that we're all desiring to see the price that's best. But not that fast, give it time until 2021 to 2022 for those higher prices. And for the remaining days for 2020, we see it as the process of stabilization first for $10k-$15k and likely to $16k-17k.

actually the right price at the end of the year is in the range of $ 15K which will allow bitcoin to move back in the following year in a position that is already quite stable at that price. but everything has happened that bitcoin has passed $ 15K but I still hope that a stable price will get bitcoin at the end of this year.

because the decisive prediction is that in the next year bitcoin will be able to continue to move up, maybe even several times the revenue in 2017. All this is only an analysis of the halving that occurred in the first and second which is a significant difference, so hope that the third halving can happen like that. .
It's a range and it's ok to assume with that price. I'm not saying that it's going to be as actual as $16k-$17k, I'm saying that it's likely to reach those prices at the end of this year. Because with those rapid increases that we have, the chance is likely to hit those numbers.
There will be some fall and as usual predictions and analysis, the halving has something to do with this. The lesser rewards for the miners should be rewarded through the increased price of bitcoin and that's why it's best to hold. I'll give a part of my stash until for the next 4-8 years to witness the effects of those two halvings.

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November 06, 2020, 11:55:11 PM
 #35

I'm pretty sure bitcoin will rise to the price of $ 20,000 in the future, probably late 2020 or early 2021.
Bitcoin is experiencing steady and sustainable growth, during the pandemic when people stay home and participate more in the internet, bitcoin has proven to be a good coin and a good investment channel.
This is what I think possibly early of year 2021 we could see btc to touch $20k. We observe the improvement of price lately so many users still accumulate some btc at this time. A lot of predictions actually so hopefully end of this year btc could reach an all time high, if not the following year. Yes proven to be good investment indeed since a lot of good news happening in crypto.
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November 07, 2020, 01:17:22 AM
 #36

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?

I'm not expecting great things to happen like another all time high this year, I consider this year a good momentum or preparation for the next all time high, so many things have happened this year and 2021 is the right time to bear the fruit of 2020.
Although the possibility that Bitcoin can hit an all time high this year, because of the strong buying support.
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November 07, 2020, 02:46:47 AM
 #37

I'm not expecting great things to happen like another all time high this year, I consider this year a good momentum or preparation for the next all time high, so many things have happened this year and 2021 is the right time to bear the fruit of 2020.
Although the possibility that Bitcoin can hit an all time high this year, because of the strong buying support.
We have already seen a significant price change due to US election and still its effect is going on. After seeing Biden positive results on electoral vote counting worldwide exchanges started to get new investors and bitcoin investors is also following the same way. Based on current situation Biden will easily get 270 electoral votes for presidential run but still now some are waiting for final results before making their investment.

So hopefully we can expect some spike in upcoming days and i am not seeing chances of sudden drop from this point. Afterthat its crypto where everything depends on holders.


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November 07, 2020, 03:46:11 AM
 #38

I think it is important for people to not get too excited about the surge in price. These violent moves can really mess up your emotions if you don't have a clear strategy on how to approach the market.
Exactly, it is important to cope up with your strategy in the market now, otherwise, your funds can be lost by your wrong step. I am expecting Btc at $2020 or more. Almost the same scenario is seeing now comparing with 2017. The last quarter of the year can be a remarkable one for all.

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November 07, 2020, 05:08:04 AM
 #39

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?

I think all is possible at present moment of bitcoin price because of great things happening all over the world regarding bitcoin and crypto currencies so, we can expect more than 20k USD mark with this year ending.

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November 07, 2020, 05:42:10 AM
 #40

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?

I think all is possible at present moment of bitcoin price because of great things happening all over the world regarding bitcoin and crypto currencies so, we can expect more than 20k USD mark with this year ending.

It will increase more than $20k, but we need to wait until the price rise to that price. We have different bitcoin target prices, and we make many strategies or plan to sell at the price we want. More speculations about how high the bitcoin price will increase in the next bull run, but we don't know for sure about that. We can only wait and prepare for that time while we can buy more bitcoin from now on to make a big profit from bitcoin later. Bitcoin itself needs the right time to lift the price to the next high price. So waiting for a while and calm down will be better right now, and we can try to set the target price to sell.
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November 07, 2020, 06:21:22 AM
 #41

Since bitcoin can overcome during pandemic,where the price was still stable than what people think that will happen during the period . Anything can still happen before the end of the year because the price is still rising,but it have never getting to $20k yet but I believe before the end of this month it will get there.
Bitcoin is a decentralized which it decide when and where to to change the market negatively or positively by pumping or dumping in exchange market. The way Ethereum, BNB and litecoin are preparing to improve in rising show soon bitcoin will surely get to $20k the way it is rising and other cryptocurrencies is reducing gradually recently in the market.

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November 07, 2020, 09:29:11 AM
 #42

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?

Anything is possible right now the market has captured the momentum and the liquidity is mind-blowing well that's how it catches fire in the market.

2020 faced many ups and downs from pandemic to BTC boom, nevertheless people are still interested to buy and I personally feel the price may go even higher comparing to 2017. And hopefully there might be a surprise by the end of the year.









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November 07, 2020, 10:05:29 AM
 #43

Bitcoin's market has improved a lot but how much BTC Targets for 2020 will actually exceed is unknown to many. No one can determine the exact way but if we analyze the demand and market of Bitcoin, BTC Targets for 2020 is possible to estimate at least a little bit. Whatever happens Bitcoin will break all past records and cross 20k. The crypto market is not stable so BTC Targets for 2020 is not possible to say when the price of a currency will rise or fall, but the price of other currencies in the crypto market increases depending on Bitcoin. Even if the prices of other currencies fall they will rise again over time.
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November 07, 2020, 04:44:10 PM
 #44

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?
Well as of now bitcoin has been increasing its value due to the high demand of digital currencies and also due to its popularity, most of the banks world wide have been associated and support bitcoin so its no doubt that bitcoin will once again raised to the top.

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November 07, 2020, 04:53:19 PM
 #45

Bitcointalk is so unstable in recent days. It's traveling around 14.5k-16k range.The ATH is so close to be touched maybe another big news of bitcoin or another whales push can reach that price. If the bull run continues I'm assuming bitcoin price will be close to 30k in the end of 2020.
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November 07, 2020, 04:56:29 PM
 #46

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?
Well as of now bitcoin has been increasing its value due to the high demand of digital currencies and also due to its popularity, most of the banks world wide have been associated and support bitcoin so its no doubt that bitcoin will once again raised to the top.
Only one bank accept bitcoins in my country due to too much risk in volatility that some banks can't accept, maybe sooner when other banks will think about it since our government were not that strict about cryptocurrencies. If the price will continue to arise it will sure to gain again another adoption that is usually the target of BTC.

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November 07, 2020, 08:49:36 PM
 #47

I think that the current behavior of Bitcoin is different than in other years. The circumstances are different, the behavior of the market has allowed it to demonstrate its competence. Bitcoin despite its volatility has proven to be superior to the traditional asset class.
There is an optimistic forecast that will not let us down, it is a sign of a bull market. What's impressive about this technology is that it makes a huge boost to the new way of handling money.

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November 07, 2020, 09:17:20 PM
 #48

i sees Bitcoin reaching a level of nearly $20,000 by the end of 2020, but that's not where the rise will end because the behavior of the market has allowed it to demonstrate its competence.
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November 07, 2020, 10:51:02 PM
Last edit: November 08, 2020, 02:21:27 PM by sheenshane
 #49

It might be possible for the bitcoin to increase its value due to the pandemic.

Not just that, let's go and dig in with the facts, IMO.

  • 1. Australian Prime Minister already launched and funded cryptocurrency companies in their country.  He addressed that crypto might save their economical status against the pandemic.
  • 2. European currency (EURO) is about to have its downs.  That's why wealthy people are looking for options where they put their wealth. And Bitcoin is one of the best options for that and store of value that might keep their wealth for a very long time without needing a storage room like banks with fees.

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November 07, 2020, 11:37:42 PM
 #50

How can BTC reach $20k this year? The price is decreasing, it is already below $15,000 now. I guess Bitcoin price won't pass $16,000 in the near future. There should be a correction, while only 1 month left in 2020. It should be difficult for Bitcoin to reach $20,000. Reaching $20,000 should take many times, it won't happen only in a few weeks.

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November 08, 2020, 04:50:51 AM
 #51

We just have one month and few weeks to end 2020. Anything can still happen to market that will make trader surprise positive in the area of price,increasing more than $16k before the year end.
Bitcoin is unpredictable, it can change at anytime. Many people never still understand how digital currency work. It can reduce to $10k now, but in few hours rising to $17k that you will see people talking that it will get to $20k before the year end.
Anything can still happen either negatively or positively to the price of bitcoin. I think bitcoin will get $20k before the end of 202.

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November 08, 2020, 05:06:15 AM
 #52

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?
I already said in the past that my year end prediction on Bitcoin's price will range to $15,000-$16,000 and I will stick into it.

We already saw a correction after reaching the near $16,000 price (highest is at around $15,800 on CMC) and that is very common already for the markets that are doing a continuous move towards the upside. To see Bitcoin break past the previous ATH isn't impossible but I'd rather say that the chances of it to happen is very low. Maybe around 1% probably unless there is a good news that may affect the crypto market then possible but without that, I don't think that it will happen.

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November 08, 2020, 05:17:15 AM
 #53

We just have one month and few weeks to end 2020. Anything can still happen to market that will make trader surprise positive in the area of price,increasing more than $16k before the year end.
Bitcoin is unpredictable, it can change at anytime. Many people never still understand how digital currency work. It can reduce to $10k now, but in few hours rising to $17k that you will see people talking that it will get to $20k before the year end.
Anything can still happen either negatively or positively to the price of bitcoin. I think bitcoin will get $20k before the end of 202.
It seems like there is only one month left but it should be remembered that bitcoin can change rapidly at any time, as you said too. even bitcoin has for several months transformed itself into a short-term investment, not as usual a long-term investment,

even though it's only a matter of months bitcoin can surprise you to fall back but it will rise towards the end of the year which I predict will be perched at $ 15K. and then in the following year the new bitcoin stepped up for a sharp increase which could possibly exceed several times the bitcoin price event in 2017. Be prepared for those who have not prepared in your wallet to immediately prepare so that you are not left behind to also enjoy the success of bitcoin.

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November 08, 2020, 06:21:35 AM
 #54

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?

Bitcoin on the rally to $16K and take a brief dip to $14,900, I thought it will drop to $13K but it turns out to hold the support level at$15K right now, assume bitcoin on periods of sideways and retesting to rise up again, well this process may take more than a week.
Before bitcoin could break $20K again, there are a lot of resistance levels to overcome, but the odds are still high to close at $20K by the end of the year if the parabolic uptrend happens again.
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November 08, 2020, 06:26:23 AM
 #55

I think it's even possible to hit ATH, we still have more or less 45 days of 2020 so there are still many things to expect on bitcoin. Everyone is bullish now on it so let's hope it will continue until next year.

What I'm worried about is how low can it go when this trend stops. I'm hoping that what happened last year won't happen again.
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November 08, 2020, 06:29:27 AM
 #56

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?

We saw Bitcoin touch $16k recently but i had a feeling this isnt going to be the ultimate bull run pushing us psst the last all time high ($20k.)

If the price my Jan.1 2021 is near $16k I will be satisfied and just glad it didnt dip much lower.

But I think the ATH will come later next year.

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November 08, 2020, 07:34:51 AM
 #57

a week's increase is around 10 percent. Bitcoin saw $ 15k comfortably.  So, I see the potential that the old ath could exceed $ 20k, this is not investment advice.  It's just my guess opinion.
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November 08, 2020, 08:33:05 AM
 #58

Hope is found in confidence. What's wrong with hope? I am also very optimistic that Bitcoin may reach 20K in 2020. So far there are better indications. Maybe the rest of the time will go well, our expectations will be fulfilled and Bitcoin will fill up its target. But too much ambition is not good again. If for some reason Bitcoin cannot reach its target then there will be frustration.

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November 08, 2020, 09:08:00 AM
 #59

yes the possibility of bitcoin will go back up to 20k, in less than a year so maybe this is the right time for us to buy or sell our bitcoin.
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November 08, 2020, 10:16:41 AM
 #60

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?
Upon the election in US near to come end, and proclamation of the new president is coming,the market reacted and fell down with more than $1000 in value for bitcoin things that alarms some investors.
yes the possibility of bitcoin will go back up to 20k, in less than a year so maybe this is the right time for us to buy or sell our bitcoin.

Lol my question is,did you act as what you are projecting here?as you said we need to Buy bitcoin right?have you bought now?or just posting this with no intention at all?
a week's increase is around 10 percent. Bitcoin saw $ 15k comfortably.  So, I see the potential that the old ath could exceed $ 20k, this is not investment advice.  It's just my guess opinion.
sorry but the price of bitcoin fell down now to $14,000 level and that is not comfortable for the eying public.










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November 08, 2020, 10:54:52 AM
 #61

The chances at breaking $20K this year are small, but I'm sure Bitcoin will reach ATH in 2021.

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November 08, 2020, 12:51:54 PM
 #62

Bitcoin market is unpredictable and because of it's volatile nature, there is a possibility that bitcoin will reach another ATH before end year like what happened last year 2017. But of course no one can tell that it will happen , all of us are just hoping for it to happen whatever the reason behind this bull run.

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November 08, 2020, 01:52:49 PM
 #63

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?
Honestly I would be really happy if we consolidate at 16k and close out this year around that price .
We are I would say Midway across the bull run and closing this year on a high would further consolidate the run we will have next year.

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November 08, 2020, 02:40:50 PM
 #64

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?
Most possibilities I predicted yes, in a few days bitcoin has been able to increase $3000 that I think there is no investment place which can do that. It means, there are a lot of (new/old) investor who came again and they target will definitely choose more than $20.000 as its all time high. More than that, in a few years bitcoin price never touch $14.000 barrier again but now we have passed it.

And also we still have a good fundamental factor ahead that can make comfortable for all investor to keep their bitcoin for a long time. We just need to be patient to see that thing is achieved, hold your bitcoin and also we are still have a time to collect bitcoin as much as we can while we can buy it at a low price.
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November 08, 2020, 05:36:10 PM
 #65

We still have more than a month before 2020 will end so the possibility that the bitcoin price will break the $20K is still there but with regards to percentage I guess it is less than 30% that it will likely to happen because the market is very volatile.

We cannot easily predict it's direction because we don't have enough resources in telling if what is the mindset of those whales as those whales can easily manipulate the price of bitcoin if they like to.
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November 08, 2020, 06:22:08 PM
 #66

Many prediction with bitcoin target in 2020 above $20,000 and many people discussing bitcoin will back last track on 2017 where bitcoin touch most higher price, they have give analyze with the same moment where bitcoin price right now like 2017. Many investor have waiting for in this year to invest in bitcoin and give positive respond how to get much profit during end years always give good moment for bitcoin back on the track. Now bitcoin slowly move to higher price and just little again for bitcoin touch $20,000, maybe one month later we can see bitcoin have been in higher price and make many good speculative how can bitcoin change the world currency payment transaction.

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November 08, 2020, 06:50:39 PM
 #67

There is still a long way to go before the end of the year. The way Bitcoin prices are rising will not take long to meet this target. Bitcoin will soon cross $20k if this continuation of inflation continues.

Seems the bitcoin uptrend may push the price to reach a higher mark by the end of this year, the target for 2020 is $20K IMHO but the technical analysis and market trend indicate it will rise over $21K. After the attempt to break $16K resistance, although it fails but the price drop only to $14,400 and then strong support bounces back to above $15K, it will easily close above $15k today and will try to break $16K tomorrow. And the rally goes on.
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November 08, 2020, 07:16:19 PM
 #68

At least the recent increase has been basically close to 20k and with that, the possibility of closing the end of 2020 for the price of 20k may be reached or even exceeded sooner. Nobody can predict with certainty, but if the bitcoin market continues to get a positive trend like this until the end of the year, then I'm sure 20k will be surpassed by the end of 2020.

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November 08, 2020, 07:19:19 PM
 #69

Later we experience a rapid increase in the price of the bitcoin and this is a good thing because there are a lot of people getting the courage to invest more with this currency. Still, it's better to invest at your own risk. As we expecting this time the price of the coin is still increasing continuously there is a chance it may touch for all over the 20k prediction price.

My speculation if the price of the bitcoin touches the 18k at the next few hours or days it may touch the 20k I hope by the end of the year or just the 2nd month of 2021 but still, no one knows.


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November 08, 2020, 07:28:32 PM
 #70

I think it's even possible to hit ATH, we still have more or less 45 days of 2020 so there are still many things to expect on bitcoin. Everyone is bullish now on it so let's hope it will continue until next year.
Everything is still possible because right now I think there are many people who have bought bitcoin and are looking forward to the new ATH. However no one can confirm bitcoin's future in terms of price, prediction don't help at all in my opinion. Need a good analysis before deciding to buy when the price has reached this point. In my opinion, the higher the price that can be reached, the more likely the price will collapse quickly. This should serve as an experience in trading. I prefer to get bitcoins when the price dump and wait for the price to recover.

What I'm worried about is how low can it go when this trend stops. I'm hoping that what happened last year won't happen again.
Whales can change the market in an instant, they have enough power to dump bitcoins and get them back at a low price. Everyone has the right to be careful.

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November 08, 2020, 07:32:54 PM
 #71

At least the recent increase has been basically close to 20k and with that, the possibility of closing the end of 2020 for the price of 20k may be reached or even exceeded sooner. Nobody can predict with certainty, but if the bitcoin market continues to get a positive trend like this until the end of the year, then I'm sure 20k will be surpassed by the end of 2020.
 
Seems that 20k is not very far how the price increase is going in the past days. We will end this year with another bang! This time I think, it is more on adoption not those newbies that are buying because of the hype. Let's hope more popular companies will include crypto in their payment system. Wondering if alibaba will accept crypto in the near future?
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November 08, 2020, 11:15:29 PM
 #72

Well, I think it may be hovering around 15k for a while, and if possible make a more significant approach to the ATH of 20k. It's just cool to see how bitcoin is above 15k at the moment. Cool

Get a wallet and move some BTCs, here's mine: [12GZz7hegu8VCkJYHSuP3WTXg7LGXgL1vT]
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November 09, 2020, 01:18:33 AM
 #73

With bitcoin likely to move in this long term cycle, I agree with Bloomberg analysts.  Price movements over the past 2.5 years look similar to the pattern for 2.5 years after bitcoin's rise to a record high in December 2013. Then bitcoin hit $ 20k at the end of 2017. I see this year botcoin has a lot of opportunities to reach $ 20k.  especially after the bitcoin halving in May.
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November 09, 2020, 01:51:46 AM
 #74

With bitcoin likely to move in this long term cycle, I agree with Bloomberg analysts.  Price movements over the past 2.5 years look similar to the pattern for 2.5 years after bitcoin's rise to a record high in December 2013. Then bitcoin hit $ 20k at the end of 2017. I see this year botcoin has a lot of opportunities to reach $ 20k.  especially after the bitcoin halving in May.
That's my argument if it follows the same cycle of year 2016, we cant have the ATH in 2020. It will get close and correct early next year (2021) before the breaking of ATH in late Q1 or Early Q2 of 2021, but I think since the hash rate is increasing and the cycle is getting shorter bitcoin new parabolic might come earlier than in the last cycle. Bitcoin agenda has not change since the numbers of altcoin has increased in the market, he will lead the bull market for Ethereum then others enter the altseason.

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November 09, 2020, 01:57:08 AM
 #75

I think we will have a significant drop before a slow rise
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November 09, 2020, 05:04:38 PM
 #76

feels ambitious for 20k this year, but closer to 17k is still a possibility.
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November 12, 2020, 05:33:39 PM
 #77

The target for the year seems to be above $20000 based on the ongoing market condition. By the starting of the year there is big expectation and predictions for the year was quite high. Later this predictions were changed when the pandemic caused a heavy blow over each and every sector. To this everything happened opposite, with bitcoin growing slowly and gaining good stability.

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November 17, 2020, 07:27:43 AM
 #78

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?

I can not say anything before Christmas and New Year, these two festivals may highly affect on bitcoin price and market. I am sure people may use bitcoin to celebrate the events. Anyways same thing happen in 2017. People sold their all coins which decrease the bitcoin price from $20,000 to $7,000. This crash just breaks the record of bitcoin falling. 2021 may bring more improvement and I hope we'll see $20+ next year
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November 17, 2020, 07:34:13 AM
 #79

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?
My personal opinion at this time is possible, the $20k gap is now only $3k3 and more than 1 month time. Over the past half month, the price has risen by $3k7 ($13k - $16k7), so reaching 20k or more isn't surprising.
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November 17, 2020, 09:42:51 AM
 #80

Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?

I can not say anything before Christmas and New Year, these two festivals may highly affect on bitcoin price and market. I am sure people may use bitcoin to celebrate the events. Anyways same thing happen in 2017. People sold their all coins which decrease the bitcoin price from $20,000 to $7,000. This crash just breaks the record of bitcoin falling. 2021 may bring more improvement and I hope we'll see $20+ next year

Anyone will sell their Bitcoin and followed by the dumpers. I've found it normal at that time, many crypto holders will convert their Bitcoin into their local currency to buy food and gifts in the market. If we could notice that in the previous years, the market price will surge in the 3rd quarter and it dumps as the Christmas season is over. Could be this possible to happen again and again.

We are still far from $20k, currently at $16,700 will probably end up to $17k-$18k range.

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February 24, 2021, 07:43:18 AM
 #81

I think this year going to acquire greater improvement in bitcoin cost and break all the records.
Bitcoin never passes on, we're overlooking that it's unpredictable money and anything can happen anytime.
I've just purchased bitcoin for future purposes and I figure it will give the benefit in a brief time frame.
The cost went from $13,000 to $15,000 in only 2 days it's clear now that the bitcoin will rise more today it's 30,500$.  After 2 years we're now watching the high fluctuation in the market.
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