BITCOIN PRICE PREDICTION: $35,000 BY 2020

BITCOIN PRICE PREDICTION: $35,000 BY 2020

Bitcoin / Dollar BITSTAMP:BTCUSD


Using wave analysis of the 12 month moving average I’ve made this prediction about what the bitcoin             price could reach in 2020 if the wave pattern continues.

There is also the raising cost of producing bitcoin             , the fact that there is a limited amount of bitcoin             , and the difficulty level of mining bitcoin             increasing with time. All these things are likely in my opinion to increase the value of bitcoin             .

Let me know what you think in the comments.