Why The Bitcoin Price Could Hit $50,000 In 2020!

[travis brown]

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[mlawson71]

Personally, first I'd like to see it hit 15k before I think about it going further north.

[Fivestar4everMVP]

We are almost at the end of the year and you are predicting that bitcoin will hit 50,000 usd when it havent even hit 15k since the last bull run, 50k is not possible this year mate, snap out of it now.

[mlawson71]

At this rate if it rallies permanently above 12k by the end of the year I'd be surprised.

[smt_nirwana_01]

Due to the pandemic, the digital platform has been on the rise, and of course, cryptocurrencies have increased as a result. I think it can exceed one million dollars by the end of 2025.

[Renampun]

This is just speculation, Bitcoin hasn't reached $ 20k yet why would you think Bitcoin will up to $ 50k...
there is only one month left this year and it is likely Bitcoin will head to $ 50k next year, so the predictions are not correct.

[mlawson71]

It has almost reached 20k and it is the end of November, but whether it will reach 50k in a little over a month remains to be seen.

[mlawson71]

Well, it has a month to do so. Time will tell.

[Fivestar4everMVP]

Well, it has a month to do so. Time will tell.

Less than a month actually, though bitcoin have performed far beyond my expectation this year, i still don't believe it can hit 50k, if this prediction will be shifted to next yeAr, i did agree that its highly possible, but 50k for the remaining days of 2020 is unrealistic.

[Lanirex]

It has almost reached 20k and it is the end of November, but whether it will reach 50k in a little over a month remains to be seen.

I don't think it will be up to my friends, $50,000 is too high to be achieved by the end of this year. However, this does not mean that the Bitcoin price is not able to reach that price, maybe later and it will take much longer.

[mlawson71]

I agree, 50k is perhaps a little too ambitious for the next few weeks.