hello how are you today, have a nice day.
this time I will share some predictions of the price of Bitcoin in 2020 by Trusted Industry Figures.
1. John McAfee
He is the creator of the popular antivirus software, McAfee antivirus and is a well-known figure in the crypto industry because of his unique predictions with attractive backgrounds. He recently predicted that Bitcoin would reach $ 1 million. According to him, his prediction is based on the model he made himself. With this model, he once predicted that Bitcoin would reach $ 5,000 in 2017.
2. Osato Avan-Nomayo
Bitcoinist analyst Osato Avan-Nomayo predicts that Bitcoin mining reward will experience halving from 12.5 BTC to 6.25 BTC in 2020. Although he does not predict BTC specific prices, their analysis predicts new prices could reach $ 20,000 US dollars.
3. Fran Strajnar
CEO Brave New Coin, Fran Strajnar telah memprediksi harga Bitcoin mencapai $200,000 di tahun 2020 dengan meningkatnya laju adopsi teknologi Blockchain dan penggunaan Bitcoin. Menurutnya, dengan semakin banyak pengguna yang bergabung ke dalam jaringan, akan semakin banyak wallet dan aplikasi yang dibuat dan digunakan. Dengan meningkatnya penggunaan, maka harga BTC juga akan meningkat dalam jangka panjang.
Important Point
What is the prediction of bitcoin prices?
Some figures predict bitcoin prices will surge in 2020 including John McAfee who predicted Bitcoin to touch the price of 1 million US Dollars.
Factors affecting the price of Bitcoin?
Technological advances and network modifications such as hard forks and software updates
Clarity of purpose and roadmap of a platform
Announcement of new partnerships or certain sponsorship partnerships
New patents and inventions by crypto research and development firms
A new exchange listing
New regulations / regulations related to the crypto world.
Well, that's all I can share today. Hopefully this information can help you all. Thanks.
Best Regards @Zulqaini