As of today Bitcoin gained sharply in price reaching two years high crossing the barrier of $10 K. What price do you think Bitcoin would achieve in this bull run? Would it be over 20K or below?
There are many predictions for the price of Bitcoin for this year, some say $ 20,000 and so on $ 25,000 but that can all happen or vice versa,
Repeating the history of 2015 and 2017, every 3 years Bitcoin has a peak value.
But for this year it might happen like 2017 or it could be the opposite. But I'm sure at least $ 20,000 is possible.
I think we're now reaching the destined trend for bitcoin price and as people bare in mind to their speculative ideas, it did attract more great results. As demand continued to increase, adoption also rises and as we're going to see more good news taking into influence towards the public let's just not expect too much. Maybe $15k price for each btc will be optimal if sudden bounces will take dominance, but not too fast for $20k.