Some prominent figures in the cryptocurrency industry are making some very extreme predictions about the future of bitcoin. Some believe that it will reach $11,000 BTC/USD in 2020. The best way to gauge these predictions is to watch the real-time price of bitcoin. There are several factors that can cause this price to skyrocket and one should be aware of them before deciding to invest. Listed below are some of the most reputable sources for Bitcoin price predictions for 2020. One should always have knowledge on bitcoin taxes if they are investing in Bitcoin.
Some experts predict that Bitcoin will break the $20,000 mark this year. However, there is also the chance of a complete bear market. One such expert is Tom Lee, the co-founder of fundstrat. His prediction is backed by the average percentage gain after dips. But, others believe that Bitcoin may fall to $2,000 at some point. And a few others have even predicted that Bitcoin will crash to $2,000 before reaching the $11,000 mark in the near future.
Although the crypto space has become highly speculative, renowned experts have shared some interesting viewpoints. The bullish event advocates are playing tug-of-war with bearish event advocates. Some even predict that Bitcoin could reach $1M. But there’s no certainty, since the market is still evolving, so it’s important to keep an open mind when speculating about its price. So, what is your price prediction for Bitcoin in January 2020? Visit here me: thedolive Touch here visit now: topwebs