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Author Topic: Bitcoin Price More Likely to Hit $50K Than $20K  (Read 153 times)

Bitgarden@29

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Bitcoin Price More Likely to Hit $50K Than $20K
« on: January 08, 2021, 07:11:55 AM »
Mike McGlone, Bloomberg’s Senior Commodity Strategist, believes that bitcoin appears as a better investment opportunity than gold as of January 2021. The intelligence analyst said that it’s more likely BTC to reach $50,000 per coin than retrace to the old highs of about $20,000.

Get more info: https://cryptonews.net/447507/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared
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robertsmark

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Re: Bitcoin Price More Likely to Hit $50K Than $20K
« Reply #1 on: January 11, 2021, 10:48:33 AM »
Currently, the Bitcoin is dumping it came back to 35k. So, Let's see whether it hits 50k or not before that it has to hit 40k.

yurez1981

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Re: Bitcoin Price More Likely to Hit $50K Than $20K
« Reply #2 on: January 15, 2021, 09:00:55 AM »
I think institutional investors and large hedge funds will continue to buy bitcoin.  The growth of bitcoin will be facilitated by the adopted Biden plan to stimulate the US economy by $ 1.9 trillion.

Redix

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Re: Bitcoin Price More Likely to Hit $50K Than $20K
« Reply #3 on: January 18, 2021, 11:10:26 AM »
I agree if Bitcoin seems to increase more and it is not impossible to reach $50K. There are many positives factors that can cause the next improvement in its price. Big players always support Bitcoin to increase again and again. Also, with many new people in Bitcoin, it indicates the better condition of Bitcoin value this year.

 

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