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Bloomberg analyst shares why the bitcoin price will double to 20000$ this year in 2020. According to Mike Mcglone senior commodities analyst at Bloomberg, bitcoin is going to hit 20000 Dollars by the end of 2020. READ THE COMPLETE BLOG AND SHARE YOUR OPINION ....WHAT U THINK ... https://blog.coinbaazar.com/bitcoin-prediction-2020/I'm not a fan of this prediction thing. I can even say, $30,000 at the end of the year even it's not realistic or not. I can also say $5,000 or below. These predictions will just make you more confused. I'd rather focus on the current trend and from there, just go with the flow. Maybe try to read the blog by yourself and see what it brings to you. After all, we have the freedom to believed what we think is way more realistic to happen. I think everyone has freedom of opinion, especially the prediction of bitcoin at the end of the year but what is said on the blog by a famous person so that it can be able to trigger debate for the future price, therefore freedom can be concluded by yourself how to respond to it but I said on the blog will not be ignored because it has often seen many predictions like the real but it is of no use and it is better to see what trends are happening at this time. You said it rightly , people who have read the complete blog can understand better what its trying to predict the btc price and on what basis . Its not a random person saying . This has been analysed by most influential researchers.
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Do you really think all people who deal in crypto have so much time to study , and even if i do it , whats the use because people who analyse such trends have gone through all the research , and prepare and publish such stuff for people like us . Moreover its not from any random person , its what bloomberg analyst feel afterall ... and i am sure we all believe they are much smarter than you and me together.. I would really appreciate if you could read the complete blog and then post your comments. Its informative and give people a chance to thought of the possible scenarios.
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once again bitcoin price is not making any move outside of a fixed range (between $9k and $10k) and low quality websites like the one that OP owns are running out of "news" to write about so they have to make stuff up or quote random idiots on the internet who make guesses about bitcoin price. not a single one of them have any vavlue nor are predictions.
let me make few things very clear to you ... 1) i dont own this website , i just read their blogs , because i found to be interesting and informative . 2) These are not the predictions by people like you and me , its from the big time analyst's . 3) These people make claims on studies and past experience , not like you without credibility u just said 9-10 k what if more or less than that .
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I hope all reading the blog completely because its clearly mentioned , because according to the analyst there is a clear indication if it follows the 2016 trend . Well i agree that this is one of the speculations , but we need to keep in mind that bitcoin was always been predicted on public sentiments and its acceptability .
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Lets see the halving or the pandamic , who has a wider impact on price
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Once you guys visit share your honest opinion , i came to know they are soon launching their mobile app also
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There is a lot information about the bitcointalk escrows. Consider you are using bitcointalk, if you don't use bitcointalk escrows u don't need to waste your time around I am using coinbaazar.com , i like this exchange and best decentralized exchange .
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Four days after halving still not give biggest effect how to make bitcoin and altcoin could growing to higher price, I think halving is not moment could make bitcoin must top price or not, we have waiting other moment when bitcoin really going to the top price and keep profitable.
i believe that bitcoin price is less effective with events like halving , rather than people getting it accepted and various policies adopted by govt for bitcoins
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Although many people say that the effect of halving has already occurred, but I think that it is not all over yet.
yes , the effect of halving will be seen in coming future , i am expecting by year end .
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People must always remember the past and take their lessons from the history they had. In my own idea based in history of the last halving, I would say bitcoin will start the downtrend until nearly end of this year but on 2021 the year will be the highest price of bitcoin everyone even saw. So, by starting the halving miners need to get some more profitable miners and some useless miners will leave the market. by doing so, se will see less bitcoin sellers in future and in the end the higher price.
lets just not say useless miners , because every miner counts when it comes to mining and providing support to bitcoin community, even the obsolete ones like s9
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Visit , and share your reviews , it will help others also , Thats how we can have a better community for all , where we all share knowledge and platforms , which are changing the face of bitcoin acceptance. One of the best decentralized exchanges , used worldwide
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People have nearly forgotten their lessons and loses from the past. If they care about past lessons, they should know that price can increase in the pre-halving or post-halving period. Which factor decides when it happens? The market situation before the halving and the whales' price manipulation. We all witnessed terrible re-test and weak-down in March as well-known terrible announcement on official pandemic from WHO. So bitcoin increased more than two fold from that bottom. Is it enough for you guys? Why do you expect for doubling price from $10k? Why are you so very greedy like that? I don't understand.
people rather than being greedy , wants only to see bitcoin price rise with every event , but we always forget that bitcoin price has less to do with such events , but more to do with people acceptance. Slowly and gradually bitcoin has shown sustainability, and this blog point out such trends which happened in the past.
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