Post
Topic
Board Speculation
Re: Will Bitcoin break its previous ATH record of 20K before end of 2020?
by
CODE200
on 13/11/2020, 14:20:10 UTC
History always repeats itself but you never know when it does. The Bitcoin made all time high record back in 2017, the track record of BTC is that every three years it breaks it ATH record.
Well, we can't exactly tell though however, I have a feeling and I want to believe that we will set a new record before the end of the year or perhaps in the 1st Quarter of 2021.
Bitcoin is now hovering around $15k USD, even touch the mark of $16k USD, it is basically making a subtle movement and if this continues there's no doubt that we will witness the new ATH. Besides, I don't think it will become a bubble though. A lot of people are now procuring Bitcoin since it became convenient for them due to Paypal's cryptocurrency acceptance.

Yes we can tell but we are now at $16.2k based on CMC price so if there's something good happen especially I believe the Christmas day can create hype since for sure many will think about good things on that season so provably $20k is possible to reached. Also I agree many people still look after on the adoption of PayPal that's why we continuously see some good jumps at this moment.
What about last year's holidays?
Well the price is indeed close to its previous ATH, so there is a huge possibility. But possibility is not certainty, that's the point.
Ofcourse it would be good to anticipate the good things that might happen but it is better to not expect too much because the market is naturally inconsistent and things could still happen which could break our expectations. So just hold for now and invest if you must.