Great analysis imo!
https://cryptotradernews.com/cryptocurrency/will-bitcoin-reach-20k-before-2020/My key takeaways:
- More and more people are using crypto as a way to diversify their investment portfolio
- Brexit is a mess and this only helps Bitcoin
- The trade war is a mess too and this only helps Bitcoin
- Price patterns favor a $20,000 bull-run by the end of the year
- There is a massive FOMO sentiment amongst crypto enthusiasts
Thoughts?
Maybe the number of people who buy or do investment in bitcoin will really affect the price to increase but there are only 3 months left before the end of this year 2019 and the price of bitcoin is still around 7000$-8000$ and maybe it will face some challenges before it hit the price of 20000$. I still hoping that before the bitcoin halving next year the price of bitcoin will hit the 20000$ so after the halving it will surpass its all-time high price.