Post
Topic
Board Speculation
Re: Bitcoin will touch the high price in 2020?
by
Yamifoud
on 03/08/2020, 14:17:50 UTC
In this world crisis, Bitcoin is doing far better and even we can dream for a new all-time high this year. I thought this year we Won't see the better market for Bitcoin because of Covid19, but the halving effect seems working for Bitcoin and Ethereum also doing well, so, I am optimistic to see Bitcoin at 25K USD within the next 5 months, though I won’t be sad if it Doesn't hit, because we have the whole 2021 for that!
This is to imply that the crypto world is not correlated to the global stock market and that to say that crypto has a better future.

I could see a "Cause and Effect relationship" by now. From Fiat to digital transformation, it was a huge market innovation that makes people to adopt crypto at this pandemic and encourage people to get in. I know that most of us are shocked to see how the market it surges despite of the current situation but likely it was a positive result from a massive market adoption. Then it has to think a sustainable market growth if the crisis will go farther.