Post
Topic
Board Speculation
Re: Can bitcoin Cross $20,000 By the end of 2020?
by
FanEagle
on 11/02/2020, 13:11:05 UTC
Can bitcoin Cross $20,000 by the end of 2020?
Now it is approx $10,000
Are you speaking in terms of this entire year? You might be expecting a way lot smaller price if you consider for long term. This year is going to bring some positive revolution after the bitcoin halving process ends. This would bring a huge price for bitcoins as even in the starting 2 months we have seen bitcoins crossing $10k so I guess bitcoins might cross $20k before the halving itself. After the halving, prices may continue to rise higher and higher. This year we could really expect the bull runs to arrive and in situation of bull runs the price quickly move higher and higher which would never take much time to reach $20k.

Demand for bitcoins will rise after the end of May 2020 which would make a lot of people invest into bitcoins. This would make the price cherish as it did last time in those bull runs. These bull runs are expected to be more huge than the ones we experienced in the year 2017.