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Can Bitcoin hit $20,000 by the end of the year?

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I think Bitcoin will rise in price but because of the crisis in the financial markets and because of the uncertainty of how long they will fight the coronovirus. This price increase may be delayed until the end of 2021.

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BTC will increase, but it seems that it will take a bit long time. It depends on corona, l mean after solved this problem BTC and everything will be good as in the past. 

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Bitcoin can arose to that price if the pandemic was able to be controlled in time and the bitcoin halving has a positive impact on the bitcoin price

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5 hours ago, Veniatrs said:

As I know, at the end of 2019 the price of bitcoin did not reach $ 20,000. Many predict that in 2020 especially between May and June 2020 the price of bitcoin can reach $ 20,000. Hopefully this will really happen so that we can get a lot of money from bitcoin.

It is just estimation and prediction that bitcoin will reach that price, but we are still anticipating for the best, as we await the halving soon

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Since the beginning of this year, all we have seen is a bearish market mainly caused by the pandemic. I don't think it is achievable for bitcoin to reach #20000 this year.


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Year 2020 is the year of bitcoin halving so it has high probability to reach and cross the $20000 mark. The prices are a little dragged by the global pandemic and all but it doesnot seem to bother bitcoin that much and the price might still go as high as twenty grands.


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On 4/15/2020 at 1:11 PM, Treat1234 said:

Bitcoin can arose to that price if the pandemic was able to be controlled in time and the bitcoin halving has a positive impact on the bitcoin price

That is what many people thinks that bitcoin halving has a big impact on the bull run of bitcoin, but many experts explained how that is not true.

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It seems that the control of the bears is still controlled, but it will not withstand. The tears have started to move in a manner that is slowly but slowly, as the trend now is rising in a zigzag way and returning to decline by a few percentages. It can be said that during the end of the year it may rise above the current limit


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22 hours ago, deepown said:

That is what many people thinks that bitcoin halving has a big impact on the bull run of bitcoin, but many experts explained how that is not true.

It might have an impact but not that too strong that will make bitcoin to rally to $20000, if the pandemic still exist to biting halving, then it will be delayed too

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2 hours ago, Treat1234 said:

It might have an impact but not that too strong that will make bitcoin to rally to $20000, if the pandemic still exist to biting halving, then it will be delayed too

If it has an impact then it will not be small, you see those who says it has, they say then once supply is cut in a half while the demand is still equal or greater than before that is how the price will increase, that means the price will have to double or more.

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It's now impossible for bitcoin price to reach $20000 this year of 2020 due to the global crisis covid-19 we are experiencing  but I think it will just hit 15k after halving before the end of the year according to my point of view thanks.

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is very improbable but not impossible bitcoin has already accustomed us to sudden changes and incredible price hikes, my prediction is that after halving and by the end of the year its value will settle around $ 10000-12000


 

 

 

 
 
 

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23 hours ago, deepown said:

If it has an impact then it will not be small, you see those who says it has, they say then once supply is cut in a half while the demand is still equal or greater than before that is how the price will increase, that means the price will have to double or more.

We'll wait for thr magic to happen so that we can give testimonies in the future, when the next is coming too, I just hope it happens

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28 minutes ago, Treat1234 said:

We'll wait for thr magic to happen so that we can give testimonies in the future, when the next is coming too, I just hope it happens

I do not want to keep my hopes up about it, but i will be prepared in case it real happens i do not want to be among those who will miss it.

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5 hours ago, bqolarer said:

Yes the impact is just so small and even though many think it is impossible for bitcoin to get to 20k this year I still think that is a possibility of that happening at the and of this year.

We still got couple more months, but if the crisis proceeds till then then we are not gonna see bitcoin at 20k, maybe at least 10k.

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5 hours ago, Peter Urban said:

I think, that yes, cause there will be bull run and also there is crisis which can push BTC price up, cause it will be much more stable than fiat. But I think, that it will be good to HODL BTC for future, cause it will have much bigger price than now.

It is impossible, way back 2017 it is really far from $20000 , we can only predict that it will close to $10000 this year or next year I think.

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21 hours ago, deepown said:

I do not want to keep my hopes up about it, but i will be prepared in case it real happens i do not want to be among those who will miss it.

Yes,, it is better to have alternative so that you can hold the both sides when it comes, you will gain and when it didn't happen you have other ways to earn from the trading

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6 hours ago, Treat1234 said:

Yes,, it is better to have alternative so that you can hold the both sides when it comes, you will gain and when it didn't happen you have other ways to earn from the trading

I do not real trade, i only hold my coins and in case of the halving i have to hold a massive amount of it.

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20 minutes ago, Maruf8583 said:

It's feasible for bitcoin to get hold of or crash into 20000 dollars but it's not assured if that will transpire this day as no one be able to predict what time will bitcoin's value be off boom or rise. perhaps after the incoming halving it will spread or will be near 20000 dollars. Let's a moment ago the entire pause for the bull sequence and be standing by consequently we canister be the complete promote from it.
 

Feasible but not yet probable especially now that the pandemic hits the market very much, we need to consider that market is not yet fully recovered, and it crashes so deeply, so I dont expect this year so much.

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I believe it will be possible by the end of 2020. We are having Bitcoin halving event in 2020 and I think after the Bitcoin halving event price of Bitcoin may increased in the cryptocurrency market because there will be limited steady supply of Bitcoin. 


 

 

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11 hours ago, deepown said:

I do not real trade, i only hold my coins and in case of the halving i have to hold a massive amount of it.

But with trading you can earn alot of profits, you just need to develop that interest of trading and just dedicate your time to it, it will pay off in the future

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If we are referring to the end of the 2020 year, then i woudl have to say that there is this possibility, however i think that the chance of it happening is slim. The halving event might be able to get it bulk of the way there, but the economy needs to provide the final push and at the present moment there seems to be a major economic struggle globally as we are all suffering from the corona virus pandemic. As a result, i think that this price may be a bit stretched, although we may be able to see 15000.

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Bitcoin could hit  20,000 at the end of the year but no one can say for sure It may be less than that again. But there is a possibility of crossing 10,000 even if it does not hit 20,000 We just have to wait patiently. The price of Bitcoin will increase.

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8 hours ago, Treat1234 said:

But with trading you can earn alot of profits, you just need to develop that interest of trading and just dedicate your time to it, it will pay off in the future

I know that but i'm not confident to trade right now, i do not have the skills that is needed, but i'm getting there.

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We are all waiting for the rise, I hope that today is the beginning of the rise of Bitcoin and with it the other currencies, I see a lot of green today, I hope to see it every day.

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