Bitcoin Price May Hit $5.5K in 2020

247VCC

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Bitcoin (Btc)could spend months trading at $5,500 before it recovers, one of the best-known analysts in the industry has warned.

In a tweet on Nov. 21, Peter Brandt revealed his target for Bitcoin price was a floor of $5,500. Negative pressure had engulfed markets on the day, sending BTC/USD to lows of $6,850.

Brandt: length of bear market “might be surprise”
What happens next, he argued, could continue that trend — and make it last longer than the general consensus suggests.

“My target of $5,500 is not far below today's low. But I think the surprise might be in the duration and nature of market,”
 

FUTUR TIM

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Or may not? Are you guys not tired of predicting a down price of Bitcoin?
 

Loyalhunt

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i mean it might reach 100k or 10 dollars. I have seen people claim all types of random numbers just so they could sound smart. it is basically just gambling
 

Almighty Pull

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Go BTC, Halving historically has boosted the BTC price, maybe it'll do the same again :D
 

Adam718

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If btc price breaks $5500, it can drop to $2000 even.
 

vuxpah

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i bet lower then 5k. who want to use it for transactions. it just a toy for big whale
BCH, ETH is far more better
 
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