The price of Bitcoin seems to always be in the up and down
state, but things might take a new turn as the top cryptocurrency have been on
the $7000-8000 for sometimes now.
According to speculators, there might be a change in 2020 as
the price of Bitcoin might rise to $9500 at the beginning of the year and may
further, increase to $14500 in the second quarter of the year.
According to some speculators,
the following factors might lead to Bitcoin increase in price
- More people are adopting Bitcoin as a means of payment
- Investment in Bitcoin is becoming easier by the day.
Some legendary members on bitcointalk seem to have disagreed with these speculations and they feel it might the opposite of what the market has been predicted to be.
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