Bitcoin is set to increase in value significantly in the next year
The medium to long-term price prediction of Bitcoin looks very good and although it fluctuates, the price has an upward movement over the short to medium term, as can be seen in the graph above. $10 000 per Bitcoin is the average prediction within the next few years and some even predict as high as $100 000 and they give rational arguments to back this. See the co-founder and partner at Morgan Creek Digital, Mr Anthony Pompliano’s prediction for December 2021 and the Forbes interview with Nexo co-founder Antoni Trenchev where he states that Bitcoin is the new Digital Gold and he is more conservative at predicting a price of $50 000 per Bitcoin by end 2020. See the following 2 articles that would give you further peace of mind: – The case for a small allocation to Bitcoin by Wences Casares, the CEO of Xapo, posted on 11 April 2019 – Bitcoin The Next Bitcoin Bull Rally Will Be Totally Different From 2017 One by Sylvain Saurel in the AltCoin Magazine