Bitcoin To Break $30,000 New Year Day 2021?

By XTRM™ | Cryptopia | 27 Dec 2020



There is nothing left much to say about the recent rise in value of Bitcoin (BTC) except for myself I hope this trend continues up and up. But having been floating well above the $20k mark for what seems like many weeks, recent trends are for sure going to see BTC hit the next landmark very soon.

I suggest sooner rather than later this rise in value of BTC will far exceed the $30k, but beforehand I am predicting either on or the day before New Year Day 2021 (GMT) BTC will = $30k, having in the last 24-hrs briefly hit $28.3k.

Why? 

I do not think BTC is going to drop below $25k ever again. Way too many huge investments have already begun to see that this is possibly the last time Bitcoin is going to be affordable to large groups of millionaire investors - but JPMorgan has absolutely cast iron guaranteed that they are in the process of swiping at Bitcoin via at least a huge part of a $100-billion investment fund. Believe me JPMorgan are being followed by other billionaires such as Elon Musk and Richard Branson - and national governments are even tuning in. 

This on top of most major insurance firms across America, banks, and anybody with a few extra billions of dollars to splash out on not just a bootle or six of the finest plonk on Wall Street, are heavily Gearing Up for a major push in the new year.

This will push Bitcoin to a level few predicted so early without a doubt - and let's not forget the interest that will still be being generated via lower level investors and crypto hunters, the very many exchanges that will no doubt hodl - some throttling of those Nodes is coming... Be aware. 

If mines start to struggle with demand there will be obvious trends following with BTC mining fees - with this I fully expect fees to hit some dizzying figures mid—2021 before leveling out back at levels we are seeing today.

All in all in my opinion the time has come... Stash today because tomorrow is heading our way faster than anybody thought. 

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XTRM™
XTRM™

Cryptocurrency Investigator - XTRM™ PR - Taking a laid back look at Crypto while sneaking up on the Cryptocurrency Bad Guys. All investigatory reviews are my own findings during testing - Dig a little deeper! If Carlsberg made Crypto Blogs!


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