Post
Topic
Board Speculation
Re: What is the bitcoin price prediction for 2020?
by
RealMalatesta
on 08/08/2019, 13:44:29 UTC
Honestly, it's difficult to predict about Bitcoin price in 2020, even for experts. However we have seen incredible hype and excitement in just a few short years. As to my opinion, it's quite possible that bitcoin price may hit around 20k$ again in 2020
If the overall crypto space stays positive the upcoming time 20k would not be unreasonable. Chico Crypto just released a video with a couple of reasons why 20k could be hit again.
the opportunity to have a price of $ 20k in 2020 is indeed quite large. moreover libra, and halving will happen in 2020. besides that, I think there will be a lot of very good news for the development of cryptocurrency going forward. although it's difficult, I think it's possible.
I also see the year 2020 to be a very promising and spectacular year in the history of bitcoin, and i don’t have to repeat what you have said, you are totally right that those factors would really contribute to a very big growth of bitcoin in that year.  I know that many people is trying to still figure out the relationship between bitcoin and Facebook Libra coin because they feel they are not peg to one another.

Libra coin is not going to compete with bitcoin, and Libra coin does not do what bitcoin does, so when Facebook launches its coin, it will send lots of signals about cryptocurrency to so many people out there.  Was surprised of recent to have met one of my friend that knows nothing about cryptocurrency, and he told me that Facebook is trying to develop their payment system, it was at that point that I took my time to explain it to him, and when I started, I started with the history of cryptocurrency which started from bitcoin, and believe me that he is interested in investing in bitcoin now.