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Author Topic: BTC Targets for 2020  (Read 527 times)
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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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.
"I could either watch it
happen or be a part of it"

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