why can't it look good? even though the price of Bitcoin at the end of this year reaches above $ 20k,
if after Christmas Bitcoin can reach $ 25k - $ 30k, it is certain that 2021 will be the year of altcoin.
After looking at the current rally, it now looks as of Bitcoin may end up at $25K-$30K by the end of this year. There is a supply crunch and this should take Bitcoin to much higher levels in 2021. But we should expect multiple phases of correction, in which the prices can go below $20,000 per coin once again. If you stay away from panic selling at this point, then you should be safe.
I could see it reaching 30k at the end of the year with economic recoveries from numerous countries due to the COVID vaccine roll out. But as with 2017, I'm afraid of the bubble burst that usually happens when the prices grows exponentially. You can pull up the price charts for Bitcoin and literally every year there's been a massive collapse in price after the FOMO bandwagon hops in which staggers the growth.
This isn't an issue for anyone that's holding obviously unless they plan to sell soon, but I'm fearing some dumb fucks hopping on the train will eventually cause it to crash again.
We'll see...
30k i believe is too much for this year but anything can happen, right? and if the OP will revisit his thread today, for sure, he will change his mind about the future, not only in crypto or btc but in general.
as covid vaccines are already in the deployment stage, this will definitely have economic impact to most countries. time to contain the virus and move forward...
so this coming year, is actually looking good not only in crypto but to the global population. this year, we experienced a global hit, where almost everything had to stopped for a while. its like someone pressed a restart button somewhere, but humanity will strive from this challenge, we always will...