Post
Topic
Board Speculation
Re: Will Bitcoin price be $20k dollars next year?
by
Jennifer1023
on 22/12/2019, 05:24:07 UTC
I have no idea but when we look back at the halving history of Bitcoin the price always increases. But no one is really sure this halving will help BTC increase in the bear market, I hope Bitcoin price can exceed 10000$ and be stable for a long time in 2020. I do not set the target too high because the current market is very boring and there are too few investors interested in the market at the moment. As long as the price goes up to $ 10,000 and I will sell all the Bitcoin I hold and wait for a better price to continue investing in it.
In fact, no one doubts that Bitcoin can once again reach the price of $ 20,000, but the whole problem is how long it takes for Bitcoin to reach that level.  It seems to me that the situation on the cryptocurrency market has changed dramatically compared to what happened in 2017, but you also need to take into account that the attitude of the public towards cryptocurrency has also changed and today everyone understands and realizes the risks of the cryptocurrency market.  But if we talk about the benefits of investing in bitcoin, then first of all, everything will depend on how long the investor makes an investment, since only a long investment can bring a good profit.  But if cryptocurrency users who buy Bitcoin at today's price, because they have planned short-term investments, risk losing if the market goes down.
That's true,back to 2017,People only think buying BTC getting the benefits,But now people aware of the danger in the capital markets