Bitcoin Rally 2020
What is wrong with Bitcoin?
Bitcoin is only a short distance away from the all-time high of $20,000 in 2017, but according to experts, Bitcoin will jump way above that mark this time. There are various indicators where this supports claims. During this post the current value is already 18500$.
Is the rally comparable to 2017?
No, because meanwhile the big players are investing in Bitcoin, as I have already mentioned several times. The normal consumer is not yet among them and that will come, however, as soon as the media starts reporting more and more about ever new all-time highs. Then the normal consumer will also get back in, which is usually a sign that the market is becoming a bubble.
Is it still worth getting involved?
I think we are at the beginning of the rally and the price could go up to $100,000 and maybe even more and then suffer a strong damper again to maybe $40,50000. That’s what it was like in any case after the Bitcoin swung up in no time. But Bitcoin will play an important role as an asset in the future and remember that 21 million Bitcoins will be produced by 2140, with 18.5 million currently on the market. So 21 million people could theoretically own 1 Bitcoin and that’s it.
Conclusion
I would definitely still buy Bitcoin, because in my opinion there is still a lot of upside potential. If you are considering other coins, feel free to write me or leave a comment. Always remember that now still the crypto market is very small and therefore very volatile, but that will still change in the future when more is regulated in the future. But then the big players in the market will also recognize Bitcoin as an investment.
When I sell and then buy again can be inquired under Services and under Contact and I will then give a more detailed analysis. Especially for large investors this can be very interesting.
Quelle:www.blockchainguru.ch
If you click on the picture below you will get to a very good crypto dealer, who also sells other coins and you can also trade. Have fun!
