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Author Topic: BTC Targets for 2020  (Read 527 times)
rollingdice
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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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