Can Bitcoin Hit the Moon in 2020? – Another Prediction Amid Bullish Market Moves We all follow the latest market moves, watching how Bitcoin is shaking the nerves of thousands of investors and crypto traders. The number one question for all crypto fans and followers – what will be the Bitcoin price in 2020? Huh, not so fast, guys… The first cryptocurrency in the world managed to find a recovery path in recent hours by making a bullish return. The $300 move in almost 24 hours was an excellent remedy for many traders, while others cannot stop believing in their failed short trades. Although Bitcoin is surviving through many news and other manipulations, trustworthy cryptocurrency experts tend to believe that BTC will shine bright like a diamond in 2020. For example, Michael van de Poppe commented on BTC by posting his tweet. Earlier today everyone is feared to buy in, given red candles and $3K charts + overall bearish sentiment. Now everyone is rushing to buy back in, as the price is up $750 since the low. Within a day. Amazing. I love it. $BTC— Crypto Michaël (@CryptoMichNL) December 18, 2019 Tim Draper’s words also weren’t ignored by the community, as he stated that Bitcoin might hit the highest price in its history – $250,00 by 2022. Known as a cryptocurrency investor and a leading sponsor of the Tezos project, Draper tends to believe that the ‘unreal’ high levels may be seen after the halving in May 2020. According to his words, if you apply technical analysis to Bitcoin – you can notice that the price is going towards $250,000. However, other experts already mentioned that technical analysis cannot be applicable to the cryptocurrency market, especially in recent years. Besides, he also added that the current BTC price is in the right place, and there are no signs of believing in its unpredictable surge. Draper mentioned the previous statement because Bitcoin’s price was modeled employing Stock-to-Flow. According to the model, the cost of BTC should be around $8,200. This fact was also commented by trader filbfilb. Bitcoin's Stock to flow model. Currently below s/f by 15-20% Its not a race but it if you bullieve in the narrative, its time to pay attention. $btc pic.twitter.com/mfZKXpYY0A— f i l ₿ f i l ₿ (@filbfilb) November 27, 2019 Of course, some people want to believe in positive predictions, yet the majority of investors and traders understand that the volatility of the cryptocurrency market can be very high. Any opinions must be analyzed and evaluated, especially if they force people to re-think their trading or investing strategies.