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There is high expecting on Bitcoin hitting the $20k mark or even a little above that level, just like 2017 all time high. I am beginning to think that there is sentiment on the current Bitcoin price trends, a pump and a huge pull back is what going on since the past 3weeks and this is completely a new Bitcoin market pattern.
This year (2020) has a different market patterns that I have not experienced since joining crypto business and I hope its goes on this way. The 2017 market pattern was too difficult to predict and it did made Bitcoin predictions, analysis and forecast inaccurate or even failed. This is my opinion.
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Bitcoin On The Rampage?
Using Preev.com, I realized that Bitcoin is currently standing at $17,910 or just a little shy away from the $18,000 level which is representing a good run towards the psychologically important $20,000.
Of course, we are all expecting that within the remaining days of 2020, Bitcoin can be able to surmount the $20,000 hurdle and may even go beyond that level leading us to a bright and exciting 2021. Let's just hope that the first quarter will not be a "wintery" months for our favorite coin.
Do you think there will be more for Bitcoin in 2021?
