BAT price analysis and predictions


Good afternoon all,

Now that the US election is over, and appears to be largely in Mr Biden's favour, plus the news today that a coronavirus vaccine has a 90% success rate in clinical trials, stock markets around the world are beginning to rally again. Any hint of good news and the markets go up to record highs. 

However, if there is a vaccine available soon, it may have a positive impact on world economies, as well as allow travel and commerce to begin in earnest once again.

If commerce improves, there will be an increased demand for marketing and advertising. Here is where the BAT token may improve substantially. More and more people are using the Brave browser to protect their privacy, as well as allow advertising from the Brave/BAT team. This will lead to an increase in demand for the BAT token and therefore an increase in price.

I personally believe over the long term that the BAT token could easily reach the $1 to $2 mark as it becomes the choice for online advertising rather than the Google or Facebook platforms.

What are your thoughts? Here is some analysis by another crypto channel on Youtube.

 

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Dennis76
Dennis76

Pretty new to crypto.


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