Quote from: Slow death on June 04, 2020, 05:21:51 PM

When the price starts to rise, many analysts appear making optimistic forecasts, this time we have the Bloomberg:

Bloomberg: “Bitcoin will approach record high of about $20,000 this year”

Quote from: https://cointelegraph.com/news/bloomberg-bitcoin-will-approach-record-high-of-about-20-000-this-year

“Last year, the high was about $14,000, which would translate into almost double in 2020 if rotating within the recent band, and mean little in the big picture.”

do you think the article's arguments are solid arguments?

according to the article Mr Tether will be able to enter the scene again and will cause the price to increase a lot:

Quote from: https://cointelegraph.com/news/bloomberg-bitcoin-will-approach-record-high-of-about-20-000-this-year

According to the report, another major reason for the appreciation of Bitcoin is the rapid growth of Tether (USDT). Last May, its market cap stood at $4 billion. A year later, it expanded to $10 billion. The increase in the circulation of the stablecoin indicates greater adoption of crypto assets

What do you think? are you ready to see $20,000 this year or do you think that even with miracles operated by Mr tether the price will not reach $20,000 this year?

PS:

Mr tether just passed XRP:

Who knows in the future we will see Mr Tether in second place Grin

How i wish that Bloomberg is like Harry Houdini that can predict things to happen,but its not though this brings positivity to Bitcoin supporter and may add enough strong and courage for us to Invest more and forget about selling until we reached that $20,000 again.

Anyway i still believe that this year will give us certain profit( maybe not big as what this thread means) so let us keep our currencies intact and if there are no rush please stop selling for a while just this year lets see what will happen.