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    Author Topic: Bitcoin Price Prediction 2020 – What to Expect?  (Read 1147 times)
    Getmon
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    November 02, 2019, 03:07:44 PM
     #41

    Quick fact: Did you know that Bitcoin increased its price by more than 2000% in 2017!?
    Actually your fact is wrong. Bitcoin price in 2017 increased by 1336%.  But 2017 dont really matter when we talk about 2020. 2016 matters. And in 2016 price of Bitcoin increased 124%. So expect for 2020 about that much of increase.
    It seems that such an increase will not be repeated in 2020, and 2017 is the biggest increase when bitcoin first reached around 1,336%.
    but if the increase in bitcoin reaches 100% it will most likely occur in 2020, and that is only a prediction that is not necessarily true and but an increase in bitcoin is everyone's hope.

    A 100% increase would most likely occur in 2020? That is too late. That is a negative outlook, mate. A 100% increase will only make Bitcoin's price $18,600. Do you think it will take Bitcoin to cross another year before it gets to $18,600? I don't think so. Bitcoin might not be able to break its ATH within 2019 but I guess it will try. And that means it will cross $18,600 within the year.
    Yes, I understand and because of that I only predict my opinion even though many people predict it in fantastic numbers by 2020, but that is an initial prediaction towards a fantastic price and is only slightly different from the predictions discussed so far and is estimated at around $ 20,000 and around 120 % increase in bitcoin in 2020, and only differ by 20%.

    Thank you friend, for correcting my opinion.  Grin

    Nope, I am not correcting your opinion. Your opinion is, after all, as good as mine. We are all speculators in this space. It so happened that while I respect your prediction, I don't think it corresponds to my own. Well, we will see in the coming months.  Grin

    Or perhaps I should reduce mine as well. I might as well copy Binance's Changpeng Zhao in his Bitcoin prediction. I would have Bitcoin at $16,000 within the year. That makes the rest of the increase happening in 2020.  Grin

    MEGA

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