There are many investors who ask us daily if it is psoible that the Bitcoin flies to its maximum of US$ 20,000, or even a little more.
Looking at the graph below gives the expectation that a new bullish cycle will start.
https://criptotendencia.com/cotizacion-bitcoin-online/What do you think?
We can't say it yet,bitcoin is still unpredictable and volatile we should not rely and depend on the graphs.Although predictions are not 100% accurate but imo there is a possibility that it will rise in the near future,but im not quite sure if how much will it get,maybe its more than 20k.
I agree. In terms of speculation, many people rely on graphs, but the fact of the matter is that all of these coins and their markets are so volatile. It's tough to put the actions of the markets into graphs to predict the future, and I think this was very well shown when the huge drop came into play. Many people were saying that bitcoin was going to go down, but just as many were proposing that it would continue an upward trend, all without much evidence.
I think it's possible that the lightning network could spread some good news around about bitcoin. There could also be more places that allow people to use bitcoin in place of actual money. The United States' Arizona has a lot of proponents for paying for taxes using bitcoin. That could help out too.