Post
Topic
Board Speculation
Re: Can bitcoin Cross $20,000 By the end of 2020?
by
mk4
on 10/02/2020, 03:29:05 UTC
It theoretically can, but no one knows if it will. If you want a more precise answer, I suggest asking your nearby fortune teller.
Seriously--but I guess that's what this section is all about, guesswork. 

I'd certainly say bitcoin is on track to hit $20k at some point this year, and I'll bet the halving (or at least the anticipation of it) will be a driving factor.  But as I've said before, I'm not hoping that bitcoin starts going haywire around May and I think $20k by the end of the year would be a more reasonable target.  2017 was a fun year for crypto, but the hangover was hell on wheels and I'd prefer to avoid a repeat of all that.

Welp, in my defence, this thread was previously on the Bitcoin Discussion section soo yea.  Grin

Same opinion though, $20,000 is quite likely I think due to the having hype. It can also be likely for us to retrace back below $20,000 of course after reaching ATHs. Though at the same time, $20,000 might be hard to break due to some psychological barrier with people wanting to sell near that price just to break even(from those who buy at the ATHs in 2017).