From outrageous price predictions to the future of altcoins, crypto analysts and industry leaders are placing their bets on the fate of digital assets in 2020.
Here are seven forecasts predicting some major shifts in the year ahead.
1. Twelve months ago, Bob Loukas, a Bitcoin trader and analyst, accurately predicted what the price of BTC would be at the end of 2019. Now, he thinks Bitcoin is headed for its all-time high near $20,000 by the end of 2020.
In the absolute bear case, after a 6-month downtrend, expect a counter-trend move towards $10k-$11k before another big downtrend. If you think you will FOMO buy $10k then buy it now instead.
Bob Loukas (@BobLoukas) December 26, 2019
2. Mike Novogratz, the CEO of crypto investment giant Galaxy Digital, is also bullish on BTC, saying he expects the king coin to end the new year above $12,000.
2020 prediction #1. @realDonaldTrump loses by more than 10mm votes. #2 $btc finishes over 12k. #3. @USAWrestling wins 3 golds in Tokyo (MF). #4 @tomhanks wins the Oscar for Mr Rodgers. #5 @reform and its partners help shrink the supervised population from 4.5mm to 4mm or <
Michael Novogratz (@novogratz) December 28, 2019
3. Changpeng Zhao, the founder and CEO of Binance, thinks numerous governments around the world will experiment with blockchain and their own digital assets.
Says Zhao in an interview with Global Coin Research,
I think in 2020, we will see different experiments tried by many different governments around the globe for adoption. Some will work, some may not, but overall, they will have a tremendously positive effect for crypto adoption.
4. Ripple CEO Brad Garlinghouse predictsthat 10 of the 20 largest banks on the globe will begin to actively hold and trade digital assets in 2020 as fiat currencies go digital.
Hes also predicting that at least one G20 currency becomes fully digitized by 2021.
5. Decrypt columnist Matt Hussey echoed Zhao and Garlinghouses sentiments, predicting numerous nation states will roll out their own digital currencies this year.
6. Jimmy Song, a Bitcoin educator, thinks BTC dominance will be at more than 75% by the end of the year. He also predicts lots of altcoin delistings.
2020 Predictions Part 1:
* Bitcoin dominance will be 75%+ at end of year* Taproot will be activated without much controversy* Bitcoin price will have a bottom to top difference of at least 100%* Halving will be the big narrative
Jimmy Song () (@jimmysong) December 30, 2019
2020 Predictions Part 2:
* Lots of altcoin delistings* IEOs will lose steam* Some coin will be 51% attacked and cause an exchange to lose lots of money. Coin will go down less than 20%.* More coins will change to be merge mined with Bitcoin.
Jimmy Song () (@jimmysong) December 31, 2019
7. And last but not least, John McAfee now has only one year left to see whether Bitcoin reaches his sky-is-the-limit, dick-on-the-line forecast.
When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bircoin at $1 million by the end of 2020. I will still eat my dick if wrong. pic.twitter.com/WVx3E71nyD
John McAfee (@officialmcafee) November 29, 2017
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7 Big Bitcoin and Cryptocurrency Predictions for 2020 - The Daily Hodl
- John McAfee: Verge (XVG) is the Best Buy; XVG Price ... - February 6th, 2018 [February 6th, 2018]
- John McAfee Says DOGE Is His Coin of the Week - February 23rd, 2018 [February 23rd, 2018]
- John McAfee Admits Bitcoin Is A Total Scam - Your News Wire - March 13th, 2018 [March 13th, 2018]
- John McAfee Resurfaces With a Bang as Adviser to Crypto ... - March 16th, 2018 [March 16th, 2018]
- John McAfee: 'CIA Compromised Every Router In America' - April 1st, 2018 [April 1st, 2018]
- John McAfee announces bid for 2020 US presidential election - June 5th, 2018 [June 5th, 2018]
- Is John McAfee Pumping Cryptocurrencies for Cash ... - June 14th, 2018 [June 14th, 2018]
- John McAfees Latest Prediction: Major Crypto Price Surge ... - July 3rd, 2018 [July 3rd, 2018]
- John McAfee Says There is a War on Cryptocurrencies ... - July 13th, 2018 [July 13th, 2018]
- John McAfee Fled to Belize, But He Couldnt Escape Himself - July 26th, 2018 [July 26th, 2018]
- John McAfee Says He's No Longer Pitching ICOs "Due To SEC ... - July 26th, 2018 [July 26th, 2018]
- The New Fight | John McAfee - July 26th, 2018 [July 26th, 2018]
- John McAfee Fled to Belize, But He Couldnt ... - WIRED - July 27th, 2018 [July 27th, 2018]
- Teen hacks John McAfee's 'unhackable' crypto-baby to play ... - August 11th, 2018 [August 11th, 2018]
- John McAfee Boldly Predicts Bitcoin Will Surpass $15,000 Next ... - August 20th, 2018 [August 20th, 2018]
- John McAfee: I keep a gun in my hand while showering, sitting ... - August 26th, 2018 [August 26th, 2018]
- John McAfee: I keep a gun in my hand while showering ... - August 29th, 2018 [August 29th, 2018]
- Seth Rogen & Michael Keaton Join John McAfee Film King Of ... - October 30th, 2018 [October 30th, 2018]
- Seth Rogen, Michael Keaton Starring in John McAfee Movie ... - October 30th, 2018 [October 30th, 2018]
- John McAfee, Ripple (XRP) and the SEC - Global Coin Report - December 19th, 2018 [December 19th, 2018]
- Security Solutions: Endpoint, Cloud, Network ... - mcafee.com - December 23rd, 2018 [December 23rd, 2018]
- John McAfee undeterred by crashing market, says Bitcoin will ... - December 27th, 2018 [December 27th, 2018]
- John McAfee on Bitcoin: You Cant Stop It, Reiterates $1 ... - December 27th, 2018 [December 27th, 2018]
- JOHN MCAFEE: I'll decrypt the San Bernardino phone free of ... - December 28th, 2018 [December 28th, 2018]
- Blockchain wins the John McAfee Award for Destroying Time and ... - January 2nd, 2019 [January 2nd, 2019]
- Dr. John McAfee, MD - Book an Appointment - Carson City, NV - January 2nd, 2019 [January 2nd, 2019]
- John McAfee's Warning About That Presidential Alert - The ... - January 2nd, 2019 [January 2nd, 2019]
- John McAfee: "The Bull Market IS coming" - Ethereum World News - January 22nd, 2019 [January 22nd, 2019]
- John McAfee Biography - Thefamouspeople.com - January 22nd, 2019 [January 22nd, 2019]
- 'The Bitcoin (BTC) Bull Market IS Coming,' Reassures John ... - February 4th, 2019 [February 4th, 2019]
- JOHN MCAFEE: Join the crusade to save our country ... - March 7th, 2019 [March 7th, 2019]
- John McAfee: How No One Got Laid Through Ashley Madison ... - March 7th, 2019 [March 7th, 2019]
- McAfee Stands By $1 Million Bitcoin Price Prediction By 2020 - April 14th, 2019 [April 14th, 2019]
- Will McAfee Disclose Nakamoto's Identity? Crypto Will Suffer ... - April 20th, 2019 [April 20th, 2019]
- John McAfee 'knows true identity of Bitcoin creator Satoshi ... - April 20th, 2019 [April 20th, 2019]
- John McAfee - IMDb - April 20th, 2019 [April 20th, 2019]
- John McAfee Triggers Countdown to Unmask Bitcoin Creator ... - April 20th, 2019 [April 20th, 2019]
- John McAfee Dares Bitcoin SV Creator Craig Wright to ... - May 5th, 2019 [May 5th, 2019]
- Bitcoin Below $1M by 2020 is Impossible, It's Pure ... - May 13th, 2019 [May 13th, 2019]
- Bitcoin Price Will Reach $1 Million in 2020, Or Youre an ... - May 13th, 2019 [May 13th, 2019]
- Bored? John McAfees New App Will Harass & Reward You in BTC - May 13th, 2019 [May 13th, 2019]
- John McAfee asks his Twitter followers to stop sending him ... - May 13th, 2019 [May 13th, 2019]
- John McAfee slams US authorities as government closes in - May 13th, 2019 [May 13th, 2019]
- Overstock Shares Crash as Former CEO Cashes Out Goes All In on Crypto and Gold - CCN.com - September 25th, 2019 [September 25th, 2019]
- Tezos Pumps On Binance Listing, But What About US Crypto Exchange? - newsBTC - September 25th, 2019 [September 25th, 2019]
- Charles Hoskinson Interview From Ethereum To Cardano And IOHK - Nasdaq - September 25th, 2019 [September 25th, 2019]
- Bakkt to Launch Bitcoin Futures in Three Days, John McAfee: It ould Jump-Start Crypto Adoption - U.Today - September 25th, 2019 [September 25th, 2019]
- John McAfee Speaks On the Beatzcoin IEO Hosting On Probit Exchange - Coinpedia - September 25th, 2019 [September 25th, 2019]
- John McAfee: Bitcoin Custody to Become the Standard - CryptoPotato - September 25th, 2019 [September 25th, 2019]
- Federal Reserve Ramping Up Repo Operations In Early 2020 Will Prove A Strong Case For Bitcoin - ZyCrypto - December 16th, 2019 [December 16th, 2019]
- Verge Crashes Over 15% Ahead of Scheduled Hard Fork - Bitcoinist - December 16th, 2019 [December 16th, 2019]
- Mike Novogratz Starts 2020 with a Simpler Prediction for Bitcoin - Live Bitcoin News - January 5th, 2020 [January 5th, 2020]
- Trevon James Promised (And Claims He Did) Eating His Dogs Poop If Bitcoin Isnt At $10 By 2020 - CryptoPotato - January 5th, 2020 [January 5th, 2020]
- The Dickening of John McAfee is Less Than 1 year Away - The Merkle Hash - January 5th, 2020 [January 5th, 2020]
- Crypto Baron John McAfee Claims He Put Up Show Together with CIA and Zombie Coin - U.Today - January 5th, 2020 [January 5th, 2020]
- Let's look at what McAfee had to say about Bitcoin in 2019 - CryptoNewsZ - January 5th, 2020 [January 5th, 2020]
- John McAfee: Bitcoin Is Ancient Technology, As Ford Model T For Cars - CryptoPotato - January 5th, 2020 [January 5th, 2020]
- $1mn by 2020: John McAfee will still eat his own d*ck if ... - January 5th, 2020 [January 5th, 2020]
- I want the stage: McAfee will run for president in ... - January 5th, 2020 [January 5th, 2020]
- Bring it on! Hack This Bitcoin Wallet And Win $250,000, GK8 Dares Hackers - Coinfomania - February 1st, 2020 [February 1st, 2020]
- Binance CEO Strikes Back At FUD Over Reports That Exchange Is Not Authorized To Operate In Malta - ZyCrypto - February 24th, 2020 [February 24th, 2020]
- XRP Price Expected to Hit $1 Minimum as We Approach 2021 - U.Today - February 24th, 2020 [February 24th, 2020]
- John McAfee Praises Privacy Crypto, Reveals the Secret of Technical Progress - U.Today - February 24th, 2020 [February 24th, 2020]
- Johnny Depp: Upcoming Movies He Will Be Seen In - The Digital Weekly - February 24th, 2020 [February 24th, 2020]
- The rise, and fall, and rise of John McAfee, from tech ... - February 29th, 2020 [February 29th, 2020]
- John McAfee 2020 presidential campaign - Wikipedia - February 29th, 2020 [February 29th, 2020]
- 7 Things You Probably Didn't Know About John McAfee - February 29th, 2020 [February 29th, 2020]
- IRS fugitive John McAfee sent to UK after stint in ... - February 29th, 2020 [February 29th, 2020]
- Satoshi Nakaboto: Steven Seagal to pay $330K settlement for promoting a Bitcoin scam - The Next Web - March 4th, 2020 [March 4th, 2020]
- Satoshi Nakaboto: Bitcoin drives 50% of Cash Apps revenue - The Next Web - March 4th, 2020 [March 4th, 2020]
- Tim Draper's Proposal To Replace the US Dollar With Bitcoin (BTC) - UseTheBitcoin - March 4th, 2020 [March 4th, 2020]
- Alamance County makes its choices at the polls - Burlington Times News - March 4th, 2020 [March 4th, 2020]
- Elon Musk Just Sent The Best Cryptocurrency And Prank Bitcoin Rival Sharply HigherHeres Why - Forbes - March 4th, 2020 [March 4th, 2020]
- Social media companies are taking steps to tamp down coronavirus misinformation but they can do more - Middletown Press - March 31st, 2020 [March 31st, 2020]
- Over $7 Billion In Investments Expected to Enter the Cryptocurrency Market - Coin Idol - April 2nd, 2020 [April 2nd, 2020]
- Social media companies are taking steps to tamp down coronavirus misinformation but they can do more - Alton Telegraph - April 2nd, 2020 [April 2nd, 2020]
- Conservative Voices Are Pumping Out Coronavirus Misinformation on Twitter - Vanity Fair - April 2nd, 2020 [April 2nd, 2020]
- Social media platforms caught up in information overload amid coronavirus pandemic - The Sociable - April 2nd, 2020 [April 2nd, 2020]
- McAfee Finally On The Right Path - Forbes - April 2nd, 2020 [April 2nd, 2020]
- John McAfee Predicts Hyperinflation, Names Coins That Will Act as Safe Haven During COVID-19 Crisis - U.Today - April 2nd, 2020 [April 2nd, 2020]