BTC Targets for 2020

[SnapExOfficial]

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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[palle11]

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.

[Upgrade00]

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.

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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.

[Alert31]

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.

[ChrisPop]

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.

[Mahdirakib]

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.

[Vaculin]

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.

[Sterbens]

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.

[The Cryptovator]

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.

[Dave1]

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.

[Hallmader]

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.

[ethereumhunter]

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.

[sarmrakib]

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 .

[Alucard1]

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.

[shamimal93]

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.

[Twentyonepaylots]

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 

[coolcoinz]

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?

[gantez]

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.

[Mahanton]

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.

[acdc]

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.