A Look At Three Prominent Bitcoin Price Predictions in 2020

[sirty143]

Bitcoin usually starts the year with a number of expert price predictions to guide the decision-making process of investors. This year, three prominent forecasts were made... See more for yourself here.

Your opinion is greatly appreciated.

[mlawson71]

What are the forecasts then?

[Alcor]

Ross Ulbrucht's forecast that due to the emergence of the coronavirus, the price of bitcoin will fall to $ 1200 by June, did not come true. After the cryptocurrency market crashed in value in mid-March, bitcoin as a whole has recovered and almost did. In any case, it is not going to fall in price anymore.
Changpeng Zhao predicted overall Bitcoin growth this year without specifying its price range. Of course, Bitcoin should rise in value this year.
Gunther Sonnenfeld predicted that by the end of the year the price of bitcoin will be in the range of $ 15,000 - $ 20,000. This forecast is also feasible.

[gourav787]

True , still there is higher prediction about bitcoin that bitcoin touch a good value Till end of 2020 .
I also believe that bitcoin touch $15-20K till end of 2020 .

[Noverteno]

Now there is a very good situation for price growth in the cryptocurrency market. We expect the price effect of dividing Bitcoin in half and introducing improvements in ethereum. A powerful impetus to price increases could be given by impending inflation as a consequence of the fight against the spread of coronavirus. Therefore, bitcoin should rise in price by even more than $ 20,000, if not by the end of this year, then during the first half of next year.

[Andruha1993]

I have my own forecast for this. And I believe that by the end of this year, the price of Bitcoin will be about  15k$. But this is my personal opinion.

[KKH84]

I strongly agree "that not all predictions from experts occur. Bitcoin can be very unpredictable because the price is determined by several factors".  But I'm sure as time goes by Bitcoin will put itself in place, now holding is the best way.