Bitcoin is soon rare as gold. Even central bankers are currently dealing with crypto currencies. Will Bitcoin come back with force in 2020? I say: Yes! And earlier than we all think.
Everyone knows the forecast of John McAfee, who sees Bitcoin at one million. Me too, by the way. The latest price target of the Bavarian State Bank of 90,000 dollars per coin is almost conservative.
Gold has a stock-to-flow ratio of 58. After halving, Bitcoin's stock-to-flow ratio rises from 25 to 50. Bitcoin would then be as rare as gold. On this basis, the price would increase by a factor of ten.
The Bitcoin course will recover soon. Before the two halvings at the end of 2012 and 2016, a bottom formation was observed twelve months before the date. This also seems to be the case now.
And central banks are planning to introduce their own cryptos. This strengthens Bitcoin additionally and is no competition.
I see the price development accordingly. In my opinion, the price could go even higher.
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Let's see what happens.
Happy trading. :-)
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Look also at:
Everyone knows the forecast of John McAfee, who sees Bitcoin at one million. Me too, by the way. The latest price target of the Bavarian State Bank of 90,000 dollars per coin is almost conservative.
Gold has a stock-to-flow ratio of 58. After halving, Bitcoin's stock-to-flow ratio rises from 25 to 50. Bitcoin would then be as rare as gold. On this basis, the price would increase by a factor of ten.
The Bitcoin course will recover soon. Before the two halvings at the end of 2012 and 2016, a bottom formation was observed twelve months before the date. This also seems to be the case now.
And central banks are planning to introduce their own cryptos. This strengthens Bitcoin additionally and is no competition.
I see the price development accordingly. In my opinion, the price could go even higher.
--
Let's see what happens.
Happy trading. :-)
--
Look also at:
Note
close up of the current situation...Note
Bottom reached!?Note
also at 4h a bullish divergence.Note
a possible scenario. update.Note
strong impulse broke all resistance up. strong bullish sign.Note
this could be our abc. after this more up ...Note
also a possible move ...Note
sideways up ... 
Note
still on trackTrade closed: target reached
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BTCINVESTING 😃
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Free Telegram Channels coming soon!
Twitter: twitter.com/BTCINVESTINGcom
Entrepreneur · Trader · Investor · Crypto since 2014
Trading experience for over 30 years
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---
BTCINVESTING 😃
---
Free Telegram Channels coming soon!
Twitter: twitter.com/BTCINVESTINGcom
Entrepreneur · Trader · Investor · Crypto since 2014
Trading experience for over 30 years
-
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
-
---
BTCINVESTING 😃
---
Free Telegram Channels coming soon!
Twitter: twitter.com/BTCINVESTINGcom
Entrepreneur · Trader · Investor · Crypto since 2014
Trading experience for over 30 years
-
---
BTCINVESTING 😃
---
Free Telegram Channels coming soon!
Twitter: twitter.com/BTCINVESTINGcom
Entrepreneur · Trader · Investor · Crypto since 2014
Trading experience for over 30 years
-
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.