We can say any price prediction for the bitcoin price in 2021, but we don't know what will happen next year. Besides that, we are still recovering from Covid-19, which we don't know when it will over. And with the situations now, I think bitcoin needs to find a good time to start the rally, and who knows, we will see the rally will begin in this month.
But I saw a lot of discussion about future bitcoin price predictions and it was said at the time bitcoin was pumping whether it was really going to rally in knowing this in fact no one knew in it all including now this big dump made a lot of big panic trigger .
Well, the Covid-19 recovery is still happening, but I think this has nothing to do with Covid-19, if bitcoin is able to move, then don't pay attention to Covid-19.
There will be many more predictions about the bitcoin prices for the future. But I believe bitcoin price itself will have a pump to the high price, which will happen many times before the price can touch the new ATH. We already saw that the bitcoin price could touch $12k, but unfortunately, the price was back to the lower price, and I think that is not something that we should worry about because the price will be increased again. Perhaps, Covid-19 with bitcoin doesn't have relation anything, but who knows.
But we will see a different thing from what we saw in 2017-2018, which bitcoin price can rose so high at almost $20k. With halving that happens this year, it could trigger the price to increase more than $20k. Yes, the numbers will always surprise investors, and we have more chances to buy more bitcoin now. So we need to be ready for the next rally.
Like the halving now it will not be repeated like in 2017 where bitcoin was able to reach its highest value of 20k, but now 12k is hard to be at the top for longer because there are still many scamer projects that continue to happen, this can trigger and investors are afraid again.
I am not worried about that because I am sure bitcoin can reach the highest price in the next bull run, and I think the bitcoin price can get more than $20k. If bitcoin price still at $12k, it doesn't mean that bitcoin will stay at that price because we know that bitcoin is strong, and bitcoin can lift the price anytime. But now, bitcoin seems to need more time to raise the price, and we have more time to buy more bitcoin before the price start rally.