The year is at the very end and you can already see the result of my conservative projection of the minimum price of Bitcoin for 2020. In short: the assessment was overly conservative! Let’s see why…

In that text posted on January 17th, 2020 in English language, I predicted that the price would not be lower than projected, in the range of $8,500 to $9,000. I also gave four good reasons why the price could go well over $9,000:

1. Rising tensions in the Middle East
2. Possible introduction of centralized digital money in China
3. Bitcoin halving
4. Steady increase Hash rates and mining difficulty that are the best growth forecasters


But 2020 brought us another unpleasant surprise that caused a huge jump in Bitcoin – the Corona crisis. The year 2020 started with the price of Bitcoin at $7197.52, and this morning, four days before the end of the year, it touched 28,000 dollars, and is currently around 26,500. Of course, the corona crisis caused scary printing of dollars, so on Wall Street, the race for him began in an attempt to preserve value, which led to a sharp jump in price in mid-October.

What can we expect for next year? At the moment, on the we are somewhere in the phase before the new media attention, which means that the interpolation projection this time could provide a deceptive result. Instead, following the regularity of previous hyperwaves and the announced new elements in the development of the crisis, I will give a new, quite pessimistic and conservative forecast for 2021: Bitcoin will not end it below $50,000.

Simon says…

What are these new elements? The key elements to be reckoned with in the coming year are the further chaos caused by the corona crisis, the complete collapse of the Anglo-European economies, and the announced attempt to establish the new Bretton Woods. In an attempt to save and establish a new financial system on the planet, the current fraudsters will try to make a new pyramid with a centralized digital currency at the top. Or as Simon Dixon of BnkToTheFuture.com, also known as the Oracle of the Isle of Man 😉, says, ‘the new Bretton Woods’ the deal will most likely end with an attempt of introduction of the IMF’s digital currency backed by the dollar, which is backed by debt, which is backed by nothing:

And that will be the greatest incentive for further growth of Bitcoin. It is a harsh truth that those who created this economic crisis do not intend to create any sustainable financial system. Their goal is complete control, and the only obstacle to it is Bitcoin.

The sooner you understand this, the less you will suffer the consequences of this global robbery.