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Yogigamma

What is the price of bitcoin in 2020?

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Bitcoin has done a tremendous job in 2020 in history ever since Bitcoin was launched in 2020 it has crossed $23000 and there is indication before the end of this year it will reach $24000 to $25000 .

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2 hours ago, Abuhassan said:

Bitcoin has done a tremendous job in 2020 in history ever since Bitcoin was launched in 2020 it has crossed $23000 and there is indication before the end of this year it will reach $24000 to $25000 .

Yup you said it right, bitcoin done it all, its a big huge history for bitcoin in its whole life, it hits 20,000 usd yesterday at the end of they 2020 year, and men its not stopping at that price it keep increasing and at this moment it price is 23,300 usd.

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On 12/29/2019 at 1:06 AM, Yogigamma said:

I want to ask about the price of bitcoin in the future, because I want more people to express their opinions. Because I'm also looking for important information for more details about bitcoin. Because I plan to buy bitcoin, to be used as savings, if for many people, bitcoin will be good going forward, I won't hesitate anymore.

I think that determining the price at this time is somewhat difficult since because of the pandemic everything has changed, giving a great boost to BTC and many cryptocurrencies.

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Now bitcoin is 23000$. It cross 20000$ and make new record. It is not high time for buying bitcoin. Because you save it for price increasing.  So you should wait for price decreasing.  

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On 12/29/2019 at 10:06 AM, Yogigamma said:

I want to ask about the price of bitcoin in the future, because I want more people to express their opinions. Because I'm also looking for important information for more details about bitcoin. Because I plan to buy bitcoin, to be used as savings, if for many people, bitcoin will be good going forward, I won't hesitate anymore.

The price of the BTC is very high this time almost 22980$ and last day it touch the 23950$ high and today it touch the 26,000$ becasue the market candle shape looks like that it go more high today and make a new high record this time.


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My friend seriously know can tell exactly price of bitcoin because not fix in specific amount but investment just wait if the price of bicoin decrease you can invest 

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If you have experience with Bitcoin, you don't need any more experience. If you want to invest, Bitcoin will definitely be needed. Bitcoin sprice is sometimes reduced and prices sometimes rise. This coin is very important in this forum. We all use this coin.

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On 12/29/2019 at 1:06 PM, Yogigamma said:

I want to ask about the price of bitcoin in the future, because I want more people to express their opinions. Because I'm also looking for important information for more details about bitcoin. Because I plan to buy bitcoin, to be used as savings, if for many people, bitcoin will be good going forward, I won't hesitate anymore.

Actually, no one can predict the price of bitcoin. But there are some members of crypto currency still studying how the price of bitcoin could rise and go dump. Bitcoin price now are totally in a good condition and not just in good condition but it surpassed the old highest price of it. It is reaching $21000 these days.

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Still it is expected that it's value can go higher but it could lower also as the market of Bitcoin is highly volatile as may be in the morning u can see it's value in green zone but in the evening it can be in red zone . Still investing is bitcoin in highly preferred due to its worldwide acceptance that can boost it's price

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This is digital currency exchange system. So it's Price in market going ups and downs. In covid-19 pandemic satiation graph of bitcoin cryptocurrency is low .now I think bitcoin cryptocurrency graph shows price$19000 round about.also some positive sign coming

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we are know that day by increasing this coin so that we are think bitcoin is also very valuable in the online market so that many people try to earn free bitcoin.this is very good and trusted site in the online market.

thanks

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My dear friend, I am one of the people obsessed with Bitcoin in particular and cryptocurrencies in general with Bitcoin in the 3rd month of 2020, its value was only 9 thousand dollars, but today his hair exceeded 23 thousand dollars this tremendous development This is really a great thing in Corona virus increased circulation of all currencies due to the quarantine  Everyone started working with cryptocurrencies, thank you

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I think the price will be raised. But what will be the price is a difficult question. In my personal opinion, no one can guess the amount of BTC in the coming time. Its prediction can go right as well as wrong.

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On 1/2/2020 at 2:06 PM, Syedbesharat said:

BTC will hit $25K in 2020 least.But low is not fix of it.So hold tight and jump at the right moment on BTC.Because its all about timing in Crypto.

You're great bro. Your prediction is just little to be accurate and bitcoin will surely hit 25k usd before this month end because the price is still rising day by day. 

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In this year bitcoin price hit more than 23k usd. This is on of the best price of bitcoin. So i will say that 2020 is totally benefited for bitcoin. I hope this price will be more increase in the end of this year.

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If you want to buy into BTC, then now is the right time to do so.Nobody knows the future, nobody can tell you what the price will be in 2020. Even the people who claim to be expert analysts and what not actually don't know, it's all a speculation

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Well honestly no one can say the exact amount of the bitcoin in the next year nor predict its price, yes there are so many predictions, assumptions, and analysis that pinpointing what will be the price of the bitcoin or even if it will dump or pump, but we do hope that next year will be a good year for not just bitcoin but to all of the coins

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Currently the price of bitcoin is $22600+ but I can make my prediction here by ending of this year the bitcoin price must be touch to $30000 and then it will start to drop again at the beginning of 2021.

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Now a days the price of bitcoin is low and now it is growing gradually so we should never lose hope. This price will increase and many user can get lots of profit through this because you and other user buy bitcoin when he was at low price but they sale it when he reach at high price then they get lots of profit 

So i am thinking about ut to earn lots of money and this will be happen when we give positive response amd earn lots of money so this is big opportunity to every yser that they buy bitcoin and earn lots of money

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Bitcoin is the most popular cryptocurrency in the world of cryptocurrency and the price of Bitcoin is increasing day by day. This year the price has reached $20,000 which is the first time.But it is currently priced at $23,000. Experts expect it to cost $30,000

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Screenshot_20201222-203158.thumb.png.c3b17fd952a16caed2246e9c955db8b6.png

On 1/2/2020 at 2:06 PM, Syedbesharat said:

BTC will hit $25K in 2020 least.But low is not fix of it.So hold tight and jump at the right moment on BTC.Because its all about timing in Crypto.

The above screenshot shows your prediction is coming to pass, I've made alot of Post today talking about the Bitcoin and its values in the current market, I have been encouraging people to invest more on Bitcoin because of its promising future


 

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Well, no one can tell what bitcoins might be in future but we can only predict which might tally or not. If I'm to predict base on the little knowledge I have on the forum, bitcoins will one day become one of the best coins in the history of cryptocurrency. That is my take and you are welcome once again.

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My friend, I cannot give you a full answer because the price of Bitcoin this year has not stabilized, but its price was acceptable, good, and of very great importance.

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I would say that in my opinion we have to wait for the bitcoin half first and then we can see how the market will grow after the fork.  If the Bitcoin halving is successful, it is not impossible that the price of Bitcoin will return to the moon. Market experts and crypto traders hold Bitcoins and watch the full-time crypto market for a big change in the prices of cryptocurrencies.  The price goes up and takes a big change. It reaches 00 20000 in 2020. This is my opinion.

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In these days the end of 2020 the bitcoin price is high and it crosses highest point .  And I think now bitcoin price go high and high where it stoped I don't know about this .

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Year-on-year, the CPI decreased from 2.3% to 2.0%, reaching the Bank of England's (BoE) target for the first time since October 2021. The core index (Core CPI), which excludes volatile components such as food and energy prices, also showed a significant decrease from 3.9% to 3.5% year-on-year.   According to the report from the Office for National Statistics (ONS), presenting the final data on 28 June for Q1 2024, the UK economy grew by 0.7%, higher than the previous value and forecast of 0.6%. Year-on-year, real growth was 0.3%, exceeding the previous value and expectation of 0.2%. This was the best dynamic since Q4 2021.   If the UK parliamentary elections on 04 July and the inflation report on 17 July do not bring significant surprises, the markets predict that the BoE will start lowering rates at its nearest meeting on 01 August. 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Panic sentiment sharply intensified after the announcement on 24 June that creditor payments for the bankrupt crypto exchange Mt.Gox would begin in early July. The total amount of funds to be distributed among former clients is 162,100 BTC, roughly $10 billion. Bitcoin responded to this news with an 8% drop. It’s no surprise – such a volume of coins flooding the free market can seriously knock down prices. In the derivatives market, long positions worth $177 million were forcibly liquidated, and the total financing rate for futures contracts turned negative for the first time in June, indicating that sales exceeded purchases.   It is precisely on the expectations of Mt.Gox debt payments that the flagship crypto asset's quotes reached the lowest level in the past eight weeks last Monday. In this situation, two things are encouraging. Firstly, the deadline for repayment falls on 31 October, and it's possible that payments will be made in parts over four months rather than all at once. And secondly, there is hope that not all creditors will rush to convert their bitcoins into fiat, but will hold onto them, hoping for price growth.   In addition to the above, BTC miners exerted some downward pressure on the market. It became known that their coin reserves reached a 14-year low, as they had to sell a significant amount of BTC due to the April halving to cover operational expenses. Recall that the cost of mining bitcoin, according to JPMorgan analysts, is $53,000. Historically, this cost level is a strong support for BTC/USD. However, even in March, JPMorgan did not rule out that after the halving, bitcoin could temporarily fall to $42,000.   In the absence of positive signals, the demand for spot bitcoin ETFs continues to decline, major market participants slow down their activity, and start to take profits. This also pressures the prices. CEO of investment company CryptoQuant Ki Young Ju calculated that over the past two weeks, bitcoin whales and miners set a record by selling coins worth $1.2 billion.   According to 10x Research, all last week, US spot BTC ETFs recorded investor outflows, and on 21 June, net outflow exceeded $105 million. 10x Research believes that bitcoin will now need to find a new price range to stabilize the decline and then find growth catalysts. In the medium term, according to 10x Research analysts, it is not worth expecting BTC to return above $70,000.   Popular analyst Matthew Hyland noted that the combined bitcoin balance on centralized exchanges reached a multi-year low. In theory, this could be seen as a bullish signal, but the crypto market leader is not yet eager to show an upward trend. Naturally, the publication of key US economic data could serve as a vector for further cryptocurrency movements. If the Fed takes its first step in easing its monetary policy in September, it could support risky assets, including bitcoin. According to Cryptology experts, the chances of bitcoin reaching a new all-time high by the end of September are quite high, and what is happening now is a phase of accumulation.   Despite the current decline, many investors remain optimistic, citing the cyclical nature of the crypto market. They also do not forget about the US elections. For example, former Goldman Sachs CEO Raoul Pal predicted significant bitcoin and cryptocurrency market growth in Q4 2024. In an episode of The Wolf Of All Streets podcast, the financier noted that risky assets like bitcoin usually rally against the backdrop of US presidential elections. "The final quarter of an election year is a real 'banana zone' for all assets. It always is," Pal optimistically stated, noting that the "banana zone" for cryptocurrencies in autumn is much more pronounced than, for example, for the Nasdaq index.   Bitcoin was also supported by billionaire Michael Saylor. His company, MicroStrategy, is one of the largest bitcoin holders in the world, with 205,000 BTC on its balance sheet. Despite the negative trend, it increased its reserves by another 11,931 BTC (over $700 million) in the past month alone. Saylor is convinced of the first cryptocurrency's ability to grow to $10 million with support from China and other factors. He believes that in the future, governments, especially China, will fully embrace the first cryptocurrency and integrate it into the state infrastructure. The entrepreneur declared all pre-bitcoin economic instruments obsolete. "Before Satoshi Nakamoto, economics was a pseudoscience. All economists before Satoshi tried to develop economic laws with shells, glass beads, pieces of paper, and credit instruments," the businessman wrote, calling bitcoin a "perfect asset."   In previous reviews, we already wrote that the launch of exchange-traded spot ETFs on Ethereum could give a certain boost to the digital asset market. On 25 June, SEC (US Securities and Exchange Commission) Chairman Gary Gensler noted that the registration process for new ETFs is "going smoothly," and the approval date depends on how quickly applicants submit adjusted S-1 forms. Bloomberg analysts call 02 July the expected approval date for new products. Reuters, citing anonymous sources, reports that a consensus has been reached between fund managers and the SEC in negotiations, and only the "final touches" remain.   Co-founder of venture company Mechanism Capital Andrew Kang stated that after the approval of ETH-ETF, Ethereum's rate could correct by 30%, falling to $2,400. In his opinion, at this stage, the main altcoin attracts much less attention from institutional investors compared to bitcoin. Based on this, ETH-ETF will attract only 15% of funds compared to what BTC-ETF received at the start.   Kang noted that to increase Ethereum's attractiveness among investors, its ecosystem needs to be positioned as a decentralized financial settlement layer, a global computer, or a Web3 application store. At the same time, it will be difficult to sell new ideas for Ethereum's application to funds, as the asset is perceived by investors as an overvalued stock of a large technology company.   Significantly more positively views the future of Ethereum Matt Hougan, CIO of Bitwise, a company managing cryptocurrency funds. In his opinion, the appearance of a long-awaited exchange product is undoubtedly a positive factor, and the net inflow of investments into ETH-ETF over the first 18 months will amount to $15 billion. In his analysis, he relies on the experience of Canada and the EU, where in similar products the inflow ratio for Ethereum and Bitcoin is approximately 1 to 4 (i.e., 25%). In other words, if in the first quarter of work for spot Bitcoin-ETF the total inflow was $26.9 billion, for Ethereum it is expected to be at the level of $6.7 billion. In this case, in three months of work, the leading altcoin could rise to $4,400-5,000.   CEO of SkyBridge Capital Anthony Scaramucci believes that the price of Ethereum could rise even higher, reaching $10,000-12,000. Regarding bitcoin, the entrepreneur allows for its growth to $170,000-250,000. The main driver, in his opinion, will be the further institutional acceptance of cryptocurrency. Scaramucci called the approval of spot exchange ETFs an important regulatory barrier breakthrough for attracting new capital. Thanks to this, in his opinion, the share of digital gold in the portfolios of major players will soon be about 3%.   As of the evening of Friday, 28 June, BTC/USD is trading at $60,190, and ETH/USD is in the $3,390 zone. The total crypto market capitalization is $2.24 trillion ($2.34 trillion a week ago). The bitcoin Fear & Greed Index (Crypto Fear & Greed Index) has dropped from 63 to 47 points over the past 7 days, moving from the Greed zone to the Neutral zone.   In conclusion, here is another observation from Matt Hougan. The CIO of Bitwise presented three reasons why long-term investments in both bitcoin and Ethereum are more advantageous compared to investing only in bitcoin. These are: 1. portfolio diversification 2. the opportunity to earn on very different ecosystems and 3. economic benefit.   Considering the difference in the capitalization levels of bitcoin and Ethereum, Hougan believes that 75% of the capital should be invested in BTC and 25% in ETH. According to calculations, over the period from May 2020 to May 2024, the yield of such an investment portfolio is 3% per annum higher than one that only contains bitcoin. However, Hougan acknowledges that in the shorter term, a portfolio including 100% BTC outperforms a diversified one. Moreover, investing only in bitcoin carries fewer risks due to its higher market capitalization and features such as limited coin issuance and a phased reduction in the inflation rate to zero.   NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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