Prediction for 2020 bitvoin is worth 100k usd according to John Mc Afee, some observers agree with what was stated, Crypto currency experienced the lowest decline in 2015 and rose in 2017 estimated at 2021 all altcoins will soon reach their peak, its still anyone belive it, well Im not what do you think on this?
I think cryptocurrencies market and bitcoin in particular is going to witness an unprecedented bull run in 2020. The halving in 2020 is going to create another high and the current price maybe the lowest price we might ever see again. I believe that mc afee is a bit right as this market can grow as far as there is a reason for grow. Bitcoin is going down now because of the growth it experienced last year and I believe that the same way we would experience growth again.
I think 50 thousand usd is a realistic thing. Currently as a preparation step for bullish. But I myself don't know when bearish will end. Is the beginning of 2019 a bullish trend?
It is a forecasts and many people have also speculated this time last year that we are going to experience bullish trend in 2018 and bitcoin is going to be traded above $50,000 but you can see were it is today and that means everything is possible when we get there!