Quote from: Febo on February 04, 2020, 06:20:03 PM

I know someone that believes it will go to $1200 at end of next year. At same time that many others predict it will go over $100.000.
Some are saying that coronavirus if spread wider can cause recession. If we get hit by huge recession right now price of Bitcoin can go way way under $6500.

$1200 at the end of next year? That doesn't seem realistic to me, then most people expect a new ATH, and I do not know what should happen to BTC drop so low. I personally think this will never happen again, but never say never when it comes to BTC. On the other hand, I think the $100k price is pretty realistic in the next 2 years, it is just x10 from current price.

I do not believe that this virus will take that long, they say that the peak is expected in the next ten days, and then the situation should start to calm down. Most of the world is already in recession, or what is actually called a technical recession. Growth rates are just above 0, and situations like this only exacerbate the global economy even more. The great recession may have a positive effect on BTC, but we can only find out if it happens - will BTC become a safe haven, or will it sink with most markets?