I was checking the news this morning and found another article describing the next move a big corporation is making against the free crypto market - Apple forcing Coinbase to remove it's Dapp Browser from the Coinbase application on the App Store. All this is happening just a week after youtube/Google started taking down Bitcoin/Crypto related videos from popular channels. Additionally Google removed one of the most popular ETH wallets - MetaMask from the Google Play store, just few days ago. If you guys did not know their appeal was rejected by Google.
All of that seems all too convenient to be a coincidence to be honest. It reminds me of another attack we have seen this year. Against Huawei in the US and few other places on the world. The difference in both occasions is that in the case of Huawei this is a very powerful corporation with huge amount of resources and can simply go around some of the blockages they are presented to.
This makes me think that the closing 2019 and the incoming 2020 is making the big fish to be afraid by the possible Bull Run that is expected to happen in 2020 and 2021, because of the halving coming in May 2020 and the fact that we are already full 2 years in Bear Market and always until now, the market swaps in 2 years:
2012 and 2013 were the bull market.
2014 and 2015 were the bear market.
2016 and 2017 were the bull market.
2018 and 2019 were the bear market.
2020 and 2021 will be the bull market.
2022 and 2023 will be the bear market.
2024 and 2025 will be the bull market.
With the rise of the Crypto Prices the interest of the masses towards it, will reignite and more of less, big corporations like Google, Apple, Facebook, Microsoft might not really like it. Because a side of Facebook's failed Libra Project any of them have actually tried to enter the crypto world. Even more, Google and Facebook at certain points were openly waging war against crypto adds and crypto content.
On other hand, the media is really polluted in my humble opinion - I am talking about the non crypto specific media. The information about the happenings are either not mentioned or just explained in such way that the mass public is getting the wrong impression that the crypto is this abstract "bullsh*t" that incentives the criminals of all kinds.
Out of 600+ friends in my Facebook I have about 5 people that actually know little more than nothing about crypto.
What I expect to happen this year?
I think Bitcoin will remain in the range of 7-10k until the mid of Q2. After the halving, I expect the price to start slowly to rise and by the end of the year I expect us to have a new all time high, but not with big Margin. Probably it will go little over 20k. At the same time I expect the altcoins to grow solidly during this time, BUT not with the same amount of percentage. I don't expect most of them to double or triple their prices, but mostly to grow in the range of 50-70%. All this should lead to even higher Bitcoin dominance of the market. All this will increase the total market cap from around #$200 bil(where it is floating now) to about over half a trillion USD.
The real key to the real big rise of the Crypto is the adoption that could happen. As soon as any big entity decides that Bitcoin is their main payment method, the prices will really skyrocket. And when I say big entity I mean either some massive country's government or a large corporation(for this I like Amazon, AliExpress or Huawei at this point).
Anyway, all of this is just guess work :) Let's see what will 2020 will bring us.
