Bitcoin Future Value Predictions [2020]

Is it true that by 2020 a Bitcoin will be worth $1,000,000? (Bitcoin Future Value Predictions)

Certainly not, this should only happen in bitcoin price prediction 2026, as this bitcoin bull run will likely only reach a maximum of $180,000.

Bitcoin Future Value Predictions [2020]
Bitcoin Future Value Predictions [2020]

Let's examine the figures of the last 3 bitcoin bull runs which are discussed below:
  1. 200% pumping the year before halving, 10,000% to $1,000 in the year following halving in 2013
  2. 200% pumping the year before halving, 1,800% to $20,000 in 1.5 years after halving in 2017
  3. 200% pumping the year before the reduction by half, 1000% pumping at $180,000 within 2 years of the reduction, perhaps in 2020.
Let's dive into details of bitcoin bull run in 2020:

Why is Bitcoin on a bull run in 2020?

On account of halvening.


Realistic bitcoin predictions always make a 200% bomb in the year after halvening it and another much, the much larger bomb in the year after halving.

We have already seen it for each half.
  1. From $ 3 to $ 10 (220%) the previous year and from $ 10 to a maximum of $ 1,000 (10,000%) 1 year after the first half of 2013, for a total of 300x
  2. From $ 300 to $ 900 (200%) the previous year and $ 900 at its peak of $ 20,000 (1,800%) 1.5 years after the second half of 2016, a total of 66x
  3. From $ 3,000 to $ 9,000 (200%) the previous year, then potentially from $ 9,000 to a maximum of $ 90,000 (1000%) 2 years after the third halving in 2020, a total of 30x

As we can see, the bombs always get a little weaker and take 50% more. It makes sense because the market is maturing.

The decrease in pumps also becomes less marked. This is why this approach is probably the best.
  • 220% / 10,000% in 1 year
  • 200% / 1800% in 1.5 years
  • 200% / 1000% in 2.5 years.
Interestingly, we have already exceeded the pre-reduction pump by half by 2019, because it should be more than 180% and not 200% like now because the pumps should become less powerful and take more time with each reduction due to a maturing market. 


However, this is also natural, since each halving pumped above its 200% and then directly into the halving was a bit lower.

That said, I think we can significantly exceed our reduction target of $9,000 this year, because there is much more to add to the bomb, including institutional investors, mass adoption everywhere, all the biggest companies. blockchain technology is now launching and even launching its own cryptocurrencies (Microsoft, Facebook, Google, Apple, Amazon).

The pre-halving pump is probably the most important factor for a bitcoin price increase, but it is not the only factor.

The adoption and increase of capital inflows from large investors can, together, create more of a price increase than a halving.

American businessman and defender of cryptocurrency, John McAfee have doubled his million-dollar forecast for 2020 for Bitcoin (BTC).

Assessing community sentiment in light of recent Bitcoin price swings or Bitcoin Future Value Predictions, McAfee wrote on July 15, 2019, that he was "laughing out loud" at the seemingly exaggerated negativity:

"Bitcoin is in the mid-10s and people are worried. LMFAO !! Why do you pay attention to the weekly fluctuations? Look at the last FFS months! It increases considerably. I'm still sure of my BTC price of $ 1,000 by the end of 2020. Alternative currencies like MTC and Apollo will increase tenfold."


Conclusion

We are on track to reach $ 90,000 in 2.5 years by November 2022, by halvening only. 

However, since this is the first time that real mass adoption has occurred and that all the biggest companies in the world already use blockchain technology, this additional factor could lead us to $ 180,000 until November 2022.

We have already exceeded the target of $ 11,000, which should not have happened until February 2020, but it is already there.

Usually, $ 20,000 this year would be a little strange, because it would be a 400% bomb instead of a 200% bomb. 

Such a strong bomb never happened before halvening it, but I think it is possible with such a massive adoption that it is already happening.

Now we can again continue our discussion regarding Bitcoin Future Value Predictions in 2020.

For the next bitcoin bull runs, after correction of the current bull run from $180,000 to $55,000, it should be discussed like below:
  1. Pump at 200% the year before reduction to $165,000, then pump at 500% to $900,000 within 2.5 years of reduction, in 2026
  2. Correction to approximately $450,000, followed by a 200% pre-cut pump at $1.35M and a final pump of 300% at $5.35M within 3 years of the reduction, in 2031
At this point, bitcoin price prediction today USD would be worth $75T, which represents almost all the money that exists in the world.

However, I no longer believe that the dominant coin was Bitcoin at that time. 

It's probably a different currency that dominates the encryption market like IOTA, QKC or HOLO, which can actually accommodate 5 billion users who make 10 transactions per day and 75 billion IoT devices that should be used in 2025 by 10 transactions per second.

So we require a blockchain technology that performs 750 billion transactions per second. This is not a problem for IOTA, QKC, and HOLO. Bitcoin and all other cryptocurrencies can probably make 100,000 transactions per second (TPS) at its absolute maximum.

Final Words

Personally, I think it is more than possible that 1 BTC is worth more than 1 000 000 USD in 2020 because there will be more than 20 factors which will push up the price of BTC to this number, like the next economic crisis in 2020, the rise of Libra cryptocurrency, the political situation between mainland China and Hong Kong, the inflation rate of certain countries like Venezuela and many others in the near future

The increase in acceptance of BTC according to the 5 Grief steps, the next 5G Internet that will facilitate education for In Africa and other parts of the world where billions of these financial inclusions live like more than 26,000 islands in ASEAN (Association of Southeast Asian Nations), the 5G will also strengthen the capacity of disruptive technologies, such as cloud computing, 3D printing, advanced DNA studies, autonomous and semi-autonomous vehicles, IoT, Blockchain technology, and many others.

I don't know, technical analysis can be used with the BTC case, because it's a completely new technology that most of the world's population still doesn't really understand, but when in times of crisis, the fear of losing money will be more than fear at BTC as new technology. 

So I think that this year 2020 will permanently interrupt our lives in several ways that we never thought possible. I hope this year will be better in terms of technologies and other things. 

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17 Comments

  1. I am definitely interested in investing and love the conception of owning stock. I don't do much day trading, but have and it is so much fun. When it comes to Bitcoin; however, I don't know how it would benefit me. Someone offered to send me millions of bitcoin and I don't know what I should do with it. I don't know if it has value. I don't know how it can be utilized. Thank you for sharing this blog post and shedding some light on this interesting currency.

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  2. I am still not really clear on all the ins and outs of Bitcoin but you explain a lot of the details very clearly. Thanks!

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  3. A good statistical analysis on bit coins. I understand the concept little bit but not quite sure about its popularity. In India bit coin is still to be accepted.

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  4. you definitely know your field! i too hope 2020 brings better things! :)

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  5. i get confused with bitcoin and how much it's worth. that's for the information. i will def have to share this with a few of my friends that are into it.

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  6. Thank you for this. I honest knew nothing about bitcoin.

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  7. I think it's a bit too soon to tell. It's still a bit unstable and not yet recognized worldwide.

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  8. I'm very skeptical about bitcoins, I know I won't be investing any time soon!

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  9. Elisha FernandezMarch 6, 2020 at 3:10 AM

    I've heard a lot of pros and cons with bitcoins. I don't have the money to invest haha but it's interesting!

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  10. Very interesting take on the whole thing! Definitely got me thinking

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  11. I dont know a lot about bitcoin but definitely learned a lot here! Thanks!

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  12. I think investing is always a risk, and as long as you are comfortable with the risks, and do your homework, why not? We live in a free country PTL you can do whatever you want with your money.

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  13. I know about bitcoin but I still don't understand how it works. Looks like it has a very promising future.

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  14. Great share! Since the first time I heard about bitcoins, I wasn't able to follow its continuos evolution ☺️

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  15. Wow so interesting. Thanks for sharing!

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  16. I heard of bit con and the pros and cons towards it. It is interesting to read about it's future.

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  17. Thanks for this informative piece!

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