My analysis and opinion about btc and eth year 2020

[ethereumhunter]

Bitcoin price will pass $20k soon. But we don't know when it will happen. Ethereum, with the price now and the new update, need more time to increase and it still behind bitcoin. Bitcoin and ethereum now already down again. And it seems many people are worry if the price will be under $18k because the price is still going down. Hopefully, bitcoin and ethereum will bounce up and reach a high price before the end of this year.

the good thing for eth is the  upgrade to 2.0  all that coin holders will be reduced when they stake their eth. correct me if im wrongwl with that , if your eth you need to lock it there before you can get your ethereum plus the profit annually you get from staking it for long. In this might be the reason why will the price of ETH will increase more because of reduce circulation of staking in ETH.

I don't want to lock my ethereum and wait for the profit annually. I prefer to use my ethereum to profit in bitcoin or usdt because I believe that the profit will be more than the profit annually. But that will depend on people because if they have 32 ethereum and they curious about the staking on the ethereum project, they will try it. Yes, that could make the ethereum price increases in the market, but we will see it later.

[CryptopreneurBrainboss]

By the way, are you sure now that bitcoin has peaked and its price will down soon ?

I'm not using any technical analysis to back this up but just my opinion, although the buying force is huge as every dip is getting bought by institutional investors yet we're still in this price that means there's a very strong resistance and people are beginning to lose hope of bitcoin successfully crossing that previous all time high, if not by now we should be trading above $20k, since all what's is happening currently in the industry is bullish signals yet it isn't having much impact in the market.

Steadily the price of bitcoin is decreasing but we aren't taking that seriously since the media keep painting the picture of the market been bullish, few days back we were trading above $19,000 but now bitcoin is barely holding the trading value of $18,000 as it's struggling with in that price.

It'll take more than what's currently happening in regards to more bullish news for the market to pick back it's momentum as without that, bitcoin would end the year in a bearish state which won't be positive towards the growth of bitcoin next year .

[Janation]

I thought it won't then I thought it will and now I don't think it will.

The Bitcoin price slides back to $17.9K now having a pull and push at $18K. Ethereum might reach another ATH this year with the 2.0 coming up, there are even some articles that talk about eth hitting $10K which is possible but I think that possibility is just ranging from 1-3%? so I don't think that would be happening this year the next or the next of it. Maybe Bitcoin at $40K before it happens.

[k@suy]

I think Bitcoin and Ethereum are very bullish, so I am very optimistic that later this year Bitcoin will pass the price of $ 20,000.
I don't agree whales did not accumulate Bitcoin this year, because there is no way whales would not be interested in the current
achievements of Bitcoin. Whales will continue to accumulate Bitcoin until 2021, so the price of Bitcoin will continue to rise until 2021.
As with Ethereum, the price will increase until the end of 2021, and in 2021 I hope that Ethereum can return to its all time high price.

Bitcoin and ethereum have always been profitable since then. But this time, bitcoin has almost reach its ATH but when price correction hits the market, bitcoin price moves down. Still no worries because after this price correction, bitcoin has bigger chances to reach another all time high again even higher than before. Ethereum at this moment is still in a steady market value and many have predicted that it will be more bullish next year so let's wait and see.

I hate the idea that after this years ATH bitcoin price may get back dump and yeah if its true that history repeat itself then i guess we will going for another three years to come to be able to see the bitcoin in its ATH if we wil going to conclude that the history really repeat itself. Hopefully what was the current price or ATH will stay there till next year to break the curse  that bring of history repeat itself. So far aside fron bitcoin, ETH and XRP were at good market too and best thing to consider too.

[RealMalatesta]

I am not really against locking ethereum in and waiting for it to make me profit, as long as I can make a profit from something as awesome as ethereum, I will do that. However if you do not have too much ethereum (starting is 32 eth and you need more to make a decent profit) you are not really making enough money to make it worth it.

Ethereum will give us probably something around 5-7% and when you invest 32 ethereum there, it will go up in ethereum thanks to interest rate, but it will also go up because ethereum will probably worth more in the future as well, but that is about 50% at most in a year, and there is a chance you may even lose money if eth goes down. People in crypto are not here for small returns, they want huge returns, doubling their money if they can.

[cryptoboss2020]

I think Bitcoin and Ethereum are very bullish, so I am very optimistic that later this year Bitcoin will pass the price of $ 20,000.
I don't agree whales did not accumulate Bitcoin this year, because there is no way whales would not be interested in the current
achievements of Bitcoin. Whales will continue to accumulate Bitcoin until 2021, so the price of Bitcoin will continue to rise until 2021.
As with Ethereum, the price will increase until the end of 2021, and in 2021 I hope that Ethereum can return to its all time high price.

Bitcoin and ethereum have always been profitable since then. But this time, bitcoin has almost reach its ATH but when price correction hits the market, bitcoin price moves down. Still no worries because after this price correction, bitcoin has bigger chances to reach another all time high again even higher than before. Ethereum at this moment is still in a steady market value and many have predicted that it will be more bullish next year so let's wait and see.

I hate the idea that after this years ATH bitcoin price may get back dump and yeah if its true that history repeat itself then i guess we will going for another three years to come to be able to see the bitcoin in its ATH if we wil going to conclude that the history really repeat itself. Hopefully what was the current price or ATH will stay there till next year to break the curse  that bring of history repeat itself. So far aside fron bitcoin, ETH and XRP were at good market too and best thing to consider too.

No dump 20k is just starting for bitcoin!!

[elisabetheva]

I thought it won't then I thought it will and now I don't think it will.

The Bitcoin price slides back to $17.9K now having a pull and push at $18K. Ethereum might reach another ATH this year with the 2.0 coming up, there are even some articles that talk about eth hitting $10K which is possible but I think that possibility is just ranging from 1-3%? so I don't think that would be happening this year the next or the next of it. Maybe Bitcoin at $40K before it happens.

Obviously ethereum will find it difficult to reach the high value predicted because we know that ethereum does not and has not shown that it can move on its own without due to the increasing boost from bitcoin. If that's what ethereum management is doing, it will be very difficult to fulfill, even if it is to be fulfilled, of course bitcoin must reach its highest point first.

currently bitcoin has reached $ 22K + but ethereum can only reach $ 642, how will ethereum reach $ 10K?
how much do bitcoin have to achieve in order for ethereum to reach such a high value? very hard to imagine and like you said maybe even if bitcoin reached $ 40K I'm not sure ethereum will do it. It must be from ethereum itself to improve its performance, the problem of gas fees alone cannot be resolved.

[Shasha80]

It looks like the opening post analysis is wrong by doubting that Bitcoin will cross the $ 20,000 price tag. Even though the reality is
that Bitcoin has now managed to reach a price of $ 22,000. But I don't blame the opinion of the opening post, because I myself also
wrongly predicted the price of Bitcoin and was quite surprised by Bitcoin's performance this year. Indeed Bitcoin always benefits its
holders, even if the $ 20,000 resistance is breached. There is a chance Bitcoin could hit a price of $ 25,000 later this year.

Then regarding Ethereum, which is predicted the opening post will perform better this year than Bitcoin is not quite right. Due to
the fact  Bitcoin performs much better than Ethereum, but that doesn't mean Ethereum is bad and not worth buying. However,
Ethereum's  performance will always be below Bitcoin, because Bitcoin is the king of cryptocurrency.