📉 Will Bitcoin Hit $20,000 by End of 2020?
Predictions are that Bitcoin is going to rise to all-time highs by the end of the year. So says Nexo of London and other analysts.
They say this year’s rally comes from smart money institutions investing in the crypto market. Moreover, the crypto market exhibit the effects of true market forces where government and central bank interventionist policies are absent.
It is said that if Bitcoin rockets, it tends to act as fuel for the less expensive coins like Chainlink, NEM, Ethereum and Binance Coin.
This could be good news for anyone keen to up their portfolio.
Back down at 16800 like I mentioned in the other post it probably would before the rally higher. Not sure if it will will the 20000 in 2020, it may be Jan21 as we need more buyers back in the market and to regain some momentum
Bitcoin is moving at high speed, if this trajectory continues, $ 20k is a possiblity.
I don’t think bitcoin will reach $20000 at the end of 2020. Maybe within march 2021.
The timing is not important, also we cannot accurately predict when. But the point is the price will get there, sooner or later. Furthermore, it is very obvious that the market are greedy by now. A lot of people are worried that they will miss this opportunity, thus, it seems more people enter the bitcoin market.
But, for those who are careful, they will remember the saying be fearful when market is greedy and be greedy when market is fearful.
It also seems as if Covid-19 is making investors see the Crypto market as a safe haven. Those who missed out on the 2017 Bitcoin rally are not going to let another opportunity go by.
It’s not far from That price, if buyers manifest their willing ; it will certainly happens, but i think i won’t be at the beginning of the year.
Yep it will hit 20000 at some point. Like Ahmad said above plenty of people ready to jump in and buy due to FOMO, but timing is key!
Let us see if buyers will take the full control over the sellers,if so it will certainly happens by the end of the year.
If the digital currency Pi enters phase 3, the Mainnet phase, will it affect the Bitcoin price?
Definitely, Bitcoin will hit $20000 by the end of the end of 2020.
Looks like bitcoin will hit $ 20000 by end of the year. Bitcoin in upward momentum and it can reach that target sooner then expected.
Last week 1 Bitcoin fell from a price of USD 19,490 to a price of USD 16,422, because the Chinese authorities confiscated Bitcoin from several companies suspected of committing fraud. Today the Bitcoin price jumped up to a price of USD19,450
It is looking promising and will surely hit 20000 in the next few months
It may actually break the $20k barrier as it jumped up in yesterdays trading. It is now back to $19.4k anda high of $19.85k.
Seems like last week was a hiccup.
Bitcoin is almost reach $20000 today. I believe it will reach $20000 in few days to come.
Bitcoin appears to be struggling to get through the high that was established in 2017.
It may succeed but is certainly appearing to struggle to get through this mark. It may have broken the high but is yet to go too much further.
Lets see what happens overnight.
If Bitcoin breaks USD 20,000, then Bloomberg said: “according to speculators by the end of 2021, it could hit USD 100,000.” But it must be noted, what if Pi, the new digital currency, starts trading on the exchange. Will there be price competition?
I’m not seeing bitcoin reaching that level by the end of this year. Probably in the first semester of 2021 if buyers take control of the market.
It appears that Bitcoin is have trouble breaking through the high that was set back in 2017 as it has now fallen back to just over $19k.
Bitcoin is likely to hit 20000 points level before the year.most individuals and speculators have predicted to hit that level and high chances are in it’s favour.
Bitcoin will definitely reach $20000 mark by the end of this year 2020. Yesterday, 02/12/2020, Bitcoin reach $19926, I know it hit $20000.
Looks like a Bollinger Band Squeeze form – which way will it shoot? Possible back up to 19800
On the daily chart its bounced off the middle BB so should push up
Today the Bitcoin price fell to touch for the second time at the Fibo level 23.6. It is estimated that next week the price will bullish.
Today’s trend shows a value of USD 20.000 on the chart. Bitcoin is raising every day.
Long awaited $20000 per Btc has been reached today. Kudos to Bitcoin whales.
In my opinion, the criteria for buying Bitcoin are open BTCUSD chart and analysis based on the knowledge we get from LuckScout, which is looking for a strong setup.