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RE: Bitcoin - End of Year Price Prediction (2020)
The only thing to note here is that a global financial crisis could be a very big wildcard in the price of Bitcoin. We've yet to see what happens how Bitcoin functions during a recession.
Either way bitcoin seems to be doubling in value every year on the lower bound, no matter what happens. These gains are undeniable, yet most of the world seems to like to deny them anyway during the bear markets.
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|---|
| $100 | $200 | $400 | $800 | $1600 | $3200 | $6400 | $12800 | $25600 | $51200 |
Quite agree.
We know what happens to gold or silver in a financial crisis, but we do not know about bitcoin - as it has not been in a financial crisis.
In my opinion, it will do exceptional well!
Those are some great figures. Thanks for sharing!