Market condition is very hard now to predict any coin.Bitcoin and Altcoin have between well connection each others. But now bitcoin price already many dropped and continue dropping. Bitcoin price now staying $29k-30k+. If bitcoin price will recover again like this 2021 Then i think it will be happened to Matic $20 in future. MATIC is very promising coin in altcoin After ETH and BNB.Matic have huge volume and i love this new promising blockchain. I hope bitcoin price wil be more grow in very next year and Altcoin also.
The difference is, even if bitcoin goes back to 68k, that would be a little over x2, even if we say bitcoin goes x3, that would be 90k price. So, when we consider the same for Matic, like let’s say it reached x3, or even x5, that would be 3-4 dollars at the very best case.
So, how could we say that it could reach 20 dollars? Of course, it won't reach that level. We have a about x28 difference between matic's current price and the 20 dollar price point. So, it is clear to me that we won't reach that level, even if bitcoin becomes 200k one day, that would be about x7 difference, in order for bitcoin to reach 28x that would be near 850k level. Sure matic could go up faster, but not that much higher.