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Satya31

Will Bitcoin Cross $12000 in The Year 2020?

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On 5/2/2020 at 7:37 PM, Soaib khan said:

I don't think this is gonna happen I know that halving is in the month of May but in my opinion we have to wait 1-2 years to reach $12000 level because of coronavirus all the markets are down 

We might have a good chance during this summer and I think that all possibility are included for this year, along with reaching 20k once again. But, we have to see how the hashrate resolves, how miners will perform and be prepared for many events as well. 

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It is very possible to reach such or more price levels
Because Bitcoin is currently on an upward path and curve, and I think it will go up to achieve and break new price levels.

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This year is really important for bitcoin especially because of the halving event.. But about reaching 12,000$ .. This will happen but it would take a long time in my opinion.. Maybe we will see a rising in bitcoin's price in the end of this year.

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I agree with your expectation that the price of bitcoin will likely reach $ 12,000 or a little more at the end of the year 2020, knowing that bitcoin is witnessing many fluctuations in its price between high and low, we will wait and see

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I think Bitcoin has almost 98% chance to reach 12000$ and i moreover think that it can reach upto 14K-15K dollars in 2020.Because in this year bitcoin already crossed 10000$ couple of time.And though it was in a very bad condition for two months,everyone thinking that it will be a great year for BTC.

Edited by Jami273

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On 12/12/2019 at 5:58 PM, Satya31 said:

According to today's condition of market and the growth of volume of crypto I think there is a probability that bitcoin will cross $12000 in 2020 definitely. Also the bitcoin chart analysis gives a little bit hint of this. 

I also think that, mate. I believe that bitcoin will cross $12000 this year. It is because as of now, we are seeing it to grow and increase it's value so there's a big tendency that it will reach that amount before this year end. Let's just wait and see what will happen.

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With the look of things, i think bitcoin will be as high and more than $12000, the current price is almost at $10000, and also very possible that in the next three months after having that the price of bitcoin will increase. 

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On 01.05.2020 at 05:43, IamLeader12 said:

I think that Yes, it will not be difficult for bitcoin because one whale can easily raise the price of bitcoin to 15,000 dollars. 

I agree. In General, growth was predicted to be slow. As is happening now and the price of 10K has already been reached. It is possible that by the end of the year it will reach 14 K.

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On 6/7/2020 at 2:28 PM, Hatred said:

I also think that, mate. I believe that bitcoin will cross $12000 this year. It is because as of now, we are seeing it to grow and increase it's value so there's a big tendency that it will reach that amount before this year end. Let's just wait and see what will happen.

Well, that's true mate, we're seeing the price of bitcoin reaches the $10000 mark twice in this year and this might be reached the $12000  in this coming months so stay tuned.

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I think that the end of summer - mid-autumn can well show us the surge of strength in bitcoin. And of course, we will get a big increase in price, as well as promotion!

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Bitcoin is currently struggling in the market because it is fluctuating within the range of $9,000-$9,500 since the beginning halving event ends few months back but there are many speculations that bitcoin will boost in terms of market value some months after the halving event and for that i think we should be more patient because bitcoin can even go above $12,000 which was stated in this topic and it may probably hit $15,000 before the end of the year 2020.

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if we see the authentic background of Bitcoin we can get result that following very multi month Bitcoin will make its new unmatched High one more thing is that Bitcoin Halving is coming in a tough situation will augment so every one have 1 elective that they will buy bitcoin.Then cost up and up . 

ofcourse Bitcoin will make its new High and in 2020 will go around $30k to 40k .after december or in mid january it contacts the $15k .Bitcoin Halving push the Bitcoin cost.

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You may Didn't see the recent price of bitcoin.  Yeasterday btc price was 12k usd but unfortunately the price not stable anymore so it start to go down again.. If you think btc will cross Once more time in 2020 then you are pretty right.. Just wait and see btc price will inceace up again once more as famous trader said btc bull run started.. Also some expect btc go up 15k usd😪         

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Now this price has already been exceeded
Yes gentlemen it's Bitcoin the strongest cryptocurrency in existence

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On 12/12/2019 at 5:58 PM, Satya31 said:

According to today's condition of market and the growth of volume of crypto I think there is a probability that bitcoin will cross $12000 in 2020 definitely. Also the bitcoin chart analysis gives a little bit hint of this. 

I hope so, it will reach $12,000 if all the users do their responsibilities as a Bitcoin users and it can even reach a higher price. The price of one coin depends on the supply and demand and Supply and demand depends on users.

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Remember nobody can accurately predict how bitcoin will rise further. At this moment, the price of the bitcoin keep rising and there is a big possibility that within this month or next, it may hit above the $19,000 again. Everything can change in the future and now the market is very good, bitcoin just over $10,000 is tending to rise continuously.


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3 hours ago, Moneyguru said:

that is very healthy correction to 10.5k

It is how usually Bitcoin behaves, traders take profits and derivative exchange liquidate longs this way and profit. Bitcoin can't go up all the time. Although the higher it goes the better for everyone. Bitmex, Binance, every exchange has more to gain with a higher price. Although I would suggest not to gamble with leverage. This is for gambling traders.

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Based on my predictions may goes beyond that, considering the most prominent event that do follow after halving is gone which is bull run.

Now BTC is targeting $15'000 resistance in few months coming as of today it's traded $11' 600 above.

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44 minutes ago, Harryking said:

.but in 2020 its too much crasehed almost hit 5000$ due to many people face alot of loss.

In March price crashed way more than just $5000. The dip stopped at around $3700 and this because a few exchanges as Bitmex have certain mechanisms that freeze trading and if they didn't price would have gone even lower.

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It is clear now to everyone that many say in 2019 to prepare it at the end of this year for the rise in Bitcoin this year. And hopefully those predictions are correct

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Yes, bitcoin will cross $12,000 in this year without any problem. I just recommend that we should buy and hold bitcoins because it has the habit to grow higher at the end of every years.

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yes most expecting that it will since it already crossed 11,000$ and also many people say it will reach 15000$ before the end of the year , although recently it dropped a bit to 10000$ but this is normal in crypto market since a coin can't be stabele at an exact price all the time

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Already crossed the $12k level a couple of weeks ago and we can see that position very soon because bitcoin is pumping and if it cross the resistance $12k then we can see upto $15k this year. So, hope that we can see that price very soon.


 

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I really hope so, because today there is every reason to believe that prices will continue to rise. But as usual, this is only my analysis of the market, based on a basic approach and taking into account the news background.

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