With so many good altcoins around, do you think Bitcoin can cross $50k by Dec 2020?
For the price of Bitcoin can not be ascertained, if it reaches $ 50K, it feels too difficult because the price comparison is too far from the current price, unless there is mass adoption in all countries, and every country legalizes it. But it is impossible right!
It will be really difficult for bitcoin's price to reach it's price to $50k because as you can see bitcoin's price has difficulties today to recover it's price from it's downfall from last year of 2018, so we should wait first for bitcoin to reach it's price to $20 k before we assume that it will get up to $50 k.
no matter the price speculation far from now, if you see that it won't be able to reach the price of $50000 in this short amount of time,
bitcoin still hasn't penetrated the last resistance at $ 12000, if $12000 touch then we might see at $16,000 again, after that let's continue the topic
I agree on this since before we reach that we need to reach to billions of market cap and provably it won't happen since for sure manipulators will find a way to dump the price so that they can.earn with it by buying at the cheapest and also a chances that people will be afraid of the after delimna of the pump since it happens also base on statistics that we will undgergo of series of dps after the bitcoins reach to it's new Ath every year.