What do you believe the price of BTC could be in 2020?
With how volatile the cryptocurrency market is, the answer is anyone’s guess. Yet, many people in the cryptosphere love to speculate on just how high the prices of their favorite coins may rise.
We scoured the web to find out what the big names in the industry have predicted the Bitcoin price will be in the near future. Moreover, we reached out to experts in the space to see what their opinions were on the matter. The answers we gleaned vary wildly—by 2020, some say 1 BTC will be worth $30,000, and some say it will be $1 million (read on to find out what this person will do if he is wrong…!) It’s important to note that while many of these experts have used quantitative research and modeling to come to their respective price predictions, the cryptocurrency market is still incredibly volatile. Since it is all wild speculation, remember to take these predictions with a grain, or perhaps a barrel, of salt. Only time will tell us who was way off mark, and who predicted correctly, if anyone!