I agree BTC will reach high values and potentially 50,000 in the long run, but having an analysis at 1-2 years considering how fast the market change is really difficult. Can you please explain a bit more of your analysis?
Like I said I am not a professional but look at the fact there are only 21 million coins, it is finite, and they just keep printing fiat currencies...Also a "Professional" on CNBC made the same call yesterday!
Agree, but considering the fees are increasing as well, I don't think we will use BTC as currencies in future, with a value as 50,000 I see it more as a solid store of value, such as Gold... where you transfer it when you have important assets to liquidate
If Bitcoin continues to follow its long term channel trajectory, the price will be somewhere between $650k and $3.5M in 2020.
I agree BTC will reach high values and potentially 50,000 in the long run, but having an analysis at 1-2 years considering how fast the market change is really difficult. Can you please explain a bit more of your analysis?
Like I said I am not a professional but look at the fact there are only 21 million coins, it is finite, and they just keep printing fiat currencies...Also a "Professional" on CNBC made the same call yesterday!
Agree, but considering the fees are increasing as well, I don't think we will use BTC as currencies in future, with a value as 50,000 I see it more as a solid store of value, such as Gold... where you transfer it when you have important assets to liquidate
Good point
SGTREPORT just had a video where 13,800 was predicted
AWESOME!