It’s important to look at what might drive price changes, I see predictions of $14,500 and $2,700 just today alone
A couple of factors to look at
- Bitcoin is halving in May 2020, estimated, that might affect prices
- Institutional money is coming in fast, you can reference Grayscale’s quarterly report, new one should be coming out soon
- Dark net transactions are still growing, I remember seeing months ago the market size was approximated at $92 trillion, and all payments are being paid in Bitcoin, one thing to look at is the growth of Wasabi wallet, they used to disclose transactions made through them but seems to have taken it down, I’m looking for other ways to track it
- Bitcoin is being made easier and easier to invest, one company you can look at is Square, their BTC sales numbers have been growing for 6 straight quarters till Q318, YoY 244%
Topic: Bitcoin Price 2020 - page 4. (Read 605 times)
I got secret news that in 2020 bitcoin will touch 9500$ and feb 14000$ .
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