RE: RE: BTC 2020 Predictions ... Well grounded or simple speculation?
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RE: BTC 2020 Predictions ... Well grounded or simple speculation?

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7y

I'm looking at a breaking of the recent high near semana santa, in the run up to the halfening in May. After, we might see some up, I believe its all eyes on the US Economy over the next four years for btc. While fund managers cite historical data about btc being acyclical, to me btc has become anti-cyclical with gold and upcoming, price moves will depend more on global economic realities than before.

In the end though, while btc price may go even as crazy as McAfee says, I doubt it will last long as BTC has no real utility. Eventually, and maybe this is in 50 years or more or less, BTC will fall from its dominant position, if indeed if ever even makes it to global dominance it matters not.