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Author Topic: BTC Targets for 2020  (Read 527 times)
Wysi
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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
you move the altcoins that you currently have into Bitcoin, it's safer and more profitable to store Bitcoin right now.

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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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