What do you think Bitcoin Price will be in next 3years ?
comment your view and let see who will be right.
I think in November of 2020 price of Bitcoin will be between $20000 and $100000.
I believe the price will exceed those amounts.
Hitting $100k won't be a hard business for bitcoin. It's expanding very fast. We can obtain new record values for bitcoin. It may even be $50k before 2019.
That sure would be fantastic! I do think it is in the realm of possibility that it could hit $50k next year if ETFs are approved next year and hedge funds start offering their clients direct exposure to Bitcoin like Goldman Sachs has said they are considering, plus if Venmo and Paypal follow what Square started today integrating Bitcoin into their mainstream mobile payment apps. If those things happen plus if Bitcoin Core actually gets their heads out of their asses and provides some scaling next year so the network isn't congested all the time, then yeah I could see $50k next year.
If those things happen in the next 3 years and Amazon allows Bitcoin payments, and if there is an actual robust second layer scaling solution for Bitcoin by then, then I think $100k might actually be a low prediction for 3 years from now.