BITCOIN PRICE WILL GO FROM $20,000 TO $50,000-FOREX FACTORY

BITCOIN PRICE WILL GO FROM $20,000 TO $50,000-FOREX FACTORY

I analysis on Bitcoin pair I thin bitcoin will go from $20,000 to $50,000 by 2021. But I think Bitcoin price will be down from here the current price of now is $10,700.

I think Bitcoin drops from this level and first target is $9,000 and If breaks $9,000 level then bitcoin will touch the $8,500 support and this is the very good level to buy bitcoin in dip I think $8,000 to $8,500 level are better level for buying bitcoin.

BTC Price will hit first $12,000 and the target of the bitcoin is $20,000 at the end of the year 2019.

But some Analyst said bitcoin will hit $20,000 in 2020 and if cross $20,000 then easily reach at $30,000 level and Bitcoin if break $30,000 then easily go to $50,000 level but $50,000 price will be in 2021.

But I think bitcoin is the most major cryptocurrency in the world and the movement is very high up and down.

Read,Five Tips to Consider Before Investing in Cryptocurrency

I think bitcoin price hit easily $50,000 level in 2020. But not now I think possible Drawdown to $8,500 then you can buy BTC and wait for 1 year BTC price will breaks then $20,000 and then fast reach $30,000 to $40,000 and then very fast to $50,000 in 2020 or 2021.R

Now in these days BTC range between $9,000 to $12,000. If you see BTC around $8,500 to $9,000 then this is the gift for you a great buying opportunity in the dip.

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