April 20, 2024

Bitcoin has updated its maximum – but what happens next?

Hello.

The moment many have been waiting for has arrived. At the end of 2017, an entire army of unprofessional andProfessional investors bought bitcoin for $18,000-20,000 in the hope of a native... But then I watched bitterly as it depreciated to $3,400.

Castles in the air collapsed, but miners continued toon an industrial scale, burn electricity and build farms near hydroelectric power stations, buying the latest models of ASICs, continuing to increase the network hashrate. However, you can read my article about mining to say goodbye to this stupid idea of ​​mining bitcoins forever.

Then in May 2020, the Bitcoin halving took place, for which crypto enthusiasts had high hopes.

I followed the price movements of cryptocurrencies with interest and my position was clear - the price of Bitcoin and cryptocurrencies will rise. And so it happened.

In November 2020, one of the scenarios described in the article worked out - a correction occurred from 19.400 to 16.800. But very quickly digital gold recovered.

Bitcoin forecast for December 2020. What will happen to bitcoin next

I take this as a strong bullish signal and myBitcoin forecast for December 2020 is as follows: the price will reach $23,000-25,000. If any of my readers have a desire to buy this or another cryptocurrency, I recommend the Binance.com exchange, which I use myself.
At the same time, I recommend buying not only Bitcoin, but also undervalued Ethereum, BNB, XRP, Litecoin.

Bitcoin has updated the maximum - but what happens next?

It’s interesting that 37% of subscribers who votedmy telegram group ZEN INVEST: conscious investments are convinced that Bitcoin will not reach $25,000 in principle. I want to exclaim: “People! Anything is possible in financial markets!”

It is all the more interesting to look at the result.

Thank you for the attention.