Bitcoin Price Prediction

By iansinc61 | My Cryptocurrency Journey (Part 1) | 10 Jan 2020

I am sure you are sick hearing about Bitcoin price predictions but sorry here goes another one based on previous cycles but nevertheless a personal opinion.

This year I think bitcoin will move to around $16000-$18000 around the halving in May.

Shortly after this it will move to its previous all time high of $20000 by September.

By yearend I think it will increase a bit further to $25000-$30000.

Start of 2021 will be a slow climb to $40000 and then the parabolic phase will stsrt Q2/Q3 2021 ending year at $100000+

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iansinc61

Not really a big reader but interested in crypto

My Cryptocurrency Journey (Part 1)

I started in cryptocurrency in June 2017 when the last bull run was in its final 6 months big run up (although I didnt realise that at the time). My portfolio of about £3000 had reached a total of approx £27000 but unfortunately I didnt cash out so this is presently (5/1/20) worth 50% of my original investment but I am hoping an upturn is underway and I will be back in a profit. I will in next part give some thoughts and tips for newbies (who dont intend to learn technical analysis and day trade).