Bitcoin News Today
Hello dear reader,
Here are some views on Bitcoin price and the potential targets by the end of the year.
As you have seen, Bitcoin is in a strong uptrend at the end of 2020. I expect next year to be rich in rebounding and potentially a good continuation of the bull market.
Right now we can easily focus on the next two targets which are ~ $ 17200 and then $ 20000. What will happen next, no one really knows because we will arrive in unknown territories :)
However, be careful as it is quite possible to have a retracement before heading back to these targets. But from my gut feeling, we may see an ATH by Christmas. I hope so, anyway ;)
Every charts are from tradingview.com. I hope this may have been useful to you. However, I let you make your own opinion and view. No financial advice, only few information about the cryptocurrencies.
thanks for your valuable share
upvote 100/100
You are welcome @lfgiaa
Thanks for sharing your thought @lastminuteman
Thank you @mccoy02 :)
Dear @lastminuteman
Finally, I've found some time to catch up with work and read some previously bookmarked publications.
I also expect that next year will be great for bitcoin and other asset classes (gold, properties etc). Trust towards value of FIAT currencies is diminishing with every billion of new usd printed by FED. Not to mention other central banks.
The way I see it is that demand for crypto will be increasing and at the same time fear of inflation will be growing. My bet is that by the end of 2021 we will face new huge bull run (What we see now I do not consider bull run yet).
Have a great monday ahead :)
Yours, Piotr