Bitcoin Price Prediction

in GEMS • 4 years ago

BTCUSD has been trading sideways for most of 2020 and is gearing up for an explosive movement. The cryptocurrency is back above $12,000 and could have broken out from a long-term triangle and downtrend line. Bitcoin price could reach as high as $20,000 before the end of the year, or as high as $16,000 if it can’t get all the way to $20,000.

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Interestingly, Bitcoin has been heavily correlated with the S&P 500 in 2020, so its future could very much depend on the stock market.

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Bitcoin Price Prediction 2023 – 2025
The Bitcoin price peak and all-time high could reach above $100,000, to as much as $400,000 as predictions from experts suggest.

Year High Low
2020 $17,000 $3,800
2021 $25,000 $5,000
2022 $75,000 $9,000
2023-2025+ $410,000 $31,000

#btc #price #prediction #bitcoin
4 years ago in GEMS by
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