Post
Topic
Board Bitcoin Discussion
Re: BTC Targets for 2020
by
LogitechMouse
on 08/11/2020, 05:06:15 UTC
Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?
I already said in the past that my year end prediction on Bitcoin's price will range to $15,000-$16,000 and I will stick into it.

We already saw a correction after reaching the near $16,000 price (highest is at around $15,800 on CMC) and that is very common already for the markets that are doing a continuous move towards the upside. To see Bitcoin break past the previous ATH isn't impossible but I'd rather say that the chances of it to happen is very low. Maybe around 1% probably unless there is a good news that may affect the crypto market then possible but without that, I don't think that it will happen.