Quote: from: bitcoinisbest on July 28, 2020, 02:54:51 PM Quote: from: Slow death on July 26, 2020, 09:39:46 AM Quote: from: Ozero on July 08, 2020, 05:27:13 PM Quote: from: Slow death on July 07, 2020, 07:18:51 AM July 7th, I had to come and see that thread, current price $9250.
there are 5 months to go before the year ends and the pandemic seems to be getting worse in some rich countries the situation is being a great disaster and unemployment is increasing due to this pandemic.I also believe that people will not have much money to make investments, maybe even the focus now is to buy food and stay at home, as this whole situation is so extreme as these blomberg guys can be optimistic to the point of thinking that we would see $20,000 this year? where does it come from so much money to increase the price? I highly doubt that this year the price will exceed 13000 $ unless they say that this year there will be a vaccine for this virus to vaccinate people en masse and then the markets will recover very quickly which is not possible in 5 months left for the year finish
Quote: from: cr1776 on June 05, 2020, 07:01:22 PM It wouldn’t surprise me if it hit between $20,000 and $40,000 within the next 12 months (e.g.June 2021) given increasing demand, the halving, and increasing use cases.It wouldn’t surprise me either if it was double that.
I think that until June of the next year the price will be $17000 maximum, I am not seeing more than $20,000
It is rightly noted here that we still have a big problem with the spread of coronavirus and therefore the economies of states continue to fall, and their economic performance deteriorates.However, if at the initial stage of the spread of coronavirus, the cryptocurrency market fell significantly in price, now the consequences of fighting it can push the cryptocurrency market to growth.
If, due to the coronavirus, a tough global economic crisis will soon begin, then people will save their usual currency from inflation and invest in cryptocurrency.Therefore, bitcoin and other potential cryptocurrencies for development will skyrocket in value.
Then the predictions about the bitcoin price of $ 20,000 by the end of this year will be quite real.
today Is the 26th of July and current price: $9700 …Since October last year, the price has failed to break the $10500 and whenever it tries to break the $ 10500 the price drops a lot.That’s why I’m only going to be optimistic if the bitcoin price breaks $10,500 and remains above $ 13,000 if it is to reach $ 20,000 this year.If the price does not break the $13,000, I not dream of $20,000 this year
In last couple of days then things have suddenly changed, and bitcoin has moved quite fast from 10k level to 11200$ at present price.This has been a quick movement and only thing in coming time will know if it can survive above 11k levels or it is just a short rally where some of them might make quick bucks with this rally.But a good time for traders since this volatility is what makes them happy and for investors as well as some of them can book some profits too.
Given the halving of new supply and increased demand, $20k is definitely within reach for 2020.
Perhaps higher.During the previous halvings, it wasn’t instant, but took months to a year.No complaints here for sure..
