As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon. As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin. So what are you people suggestions that will bitcoin will always continue to grow or will it stablize at some price or may go down?
There's a possibility that bitcoin could actually go to $1 million per piece but the market cap should go to 20 trillion dollars. This is definitely far from happening, but not impossible. But it can not go up forever, there is an economic limit to it. Optimistic prediction for bitcoin in 2020 would be $250,000.