What are your predictions for BTC by the end of year and why?
Cheers!
One of the many predictions here:
1. We had this month a cross of death (50&200 day MA), which usually gives us shorter/longer
2. For most of its history, BTC because of such things like taxes, Christmas and winter holidays, its price is starting to go down ~19-20 of December each year.
3. May 2020 - BTC halving is a major bullish factor.
So then our magical orb claims this time we might see lows like ~$5000 levels and then enjoy all the way up until 5-6 weeks before halving itself, this is usually when the hype train ends.
Of course, all of these predictions may turn out to be a huge miss, subject to some other factors (whales, legislation, hacks etc.) which may turn over the tide.