June 9, 2023

BitMEX Research releases forecasts for 2020

BitMEX Research releases forecasts for 2020

BitMEX Exchange Research Unit Predicts BTC and Its Cost market dominance for 2020.

BitMEX Research releases forecasts for 2020

According to representatives of BitMEX, next yearBitcoin will be traded between $ 15,000 - $ 2,000. Although the figure of $ 15,000 looks rather modest in comparison with some forecasts of famous traders, a drop in the price of BTC to $ 2000 can be a real tragedy for many investors.

At the moment, the dominance of bitcoin in the market is approximately 69%. According to the exchange’s prediction, in 2020 this figure can range from 30 to 70 percent.

However, not everyone agrees with this opinion. Recall that recently a well-known trader Tony Weiss said that the dominance of BTC in the market could grow to 98%.

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