Are you looking to invest in Bitcoin? Will Bitcoin get a remarkable gush or it tends to drop down? If you want to invest your hard-earned bucks in the dominating currency and want an overview of its price then you have landed at the right page. Here we will analyze the upcoming value of the largest cryptocurrency based on the twits of top cryptoanalysts. Twitter is full of twits about the price of the leading coin so we have made our Bitcoin Price Forecast on their basis.
As you know among the top 10 cryptocurrency Bitcoin has grabbed the top position and we can call it a star of the crypto market. Every move of Bitcoin gets the limelight that’s why Twitter is loaded with posts and comments related to BTC. All two Crypto experts and crypto investors are leaving their views on Twitter so let’s check them and know what they think about the upcoming price of Bitcoin.
Bitcoin Price Forecast From Twitter
Bitcoin is the center of attraction of both Crypto pandits and investors and lots of users agree that the coin must cross the $ 4000 doorway. Have a look below to know:
“$BTC – keeping things in perspective, #bitcoin still needs to break vertical resistance here at $4k then break first horizontal resistance $4114 and then after bounce resistance top at $4240… then we can talk about a real trend change otherwise lower highs are still in play”…
On 18th February Bitcoin reach at the $ 4000 mark and crypto enthusiastic have divided into two groups. Now some are thinking that Bitcoin will grow and few are saying it a trap.
“Boom! Hit the exact target I said we would.
Opened some shorts at $4,000 and I hope you do too! It will go down from here…. Trust me… pic.twitter.com/YdbyTgIZ00— Meeko (@cryptomeeko) February 18, 2019
UNLESS a FAKEOUT #bitcoin began its new bull run at the lower arrow point, but very important”
“UNLESS a FAKEOUT #bitcoin began its new bull run at the lower arrow point, but very importantly CONFIRMED it at the upper arrow point. I’m sure many are in #disbelief right now, but that is normal after a long bear market. #bullrun#XRP #TRON #IOST #TRX #notfinancialadvice #DYORpic.twitter.com/zRG9YqeoRx— TheCryptoArtist (@TheCryptoArtis1) February 20, 2019”
As you know nothing is fixed in the crypto market and we can’t decide the value of any coin based on twits. We have to analyze the technical aspects also to get a fair price prediction. There are many more factors which can drive the growth of Bitcoin and it can recover its position back.
Bitcoin Price Forecast based on Crypto Experts
We can’t deny the volatility of Crypto market and all the coins affected with the notorious natures of the digital market. To get the fair idea of the future price of the leading coin to let’s have a look at the famous Bitcoin predictions.
John is the founder of McAfee software and he has a strong belief that Bitcoin will hit the $ 1 Million by 2020.
Sonny Singh is the chief commercial officer at Bitpay and he said that Bitcoin might reach $ 15000-$ 20000 by the end of 2019.
Ronnie Moas is a well-known crypto analyst and he has predicted that Bitcoin can cross the $ 28000 mark by the closing of 2019.
Novogratz is the founder of Galaxy Digital and he assumed that Bitcoin will not reach at $ 10000 in the first quarter of 2019.
Zoho Dong is the largest Bitcoin OTC trader in China and an influencer also. Recently he Predicted that Bitcoin may reach $ 50000 by 2021.
Bitcoin Price Forecast: Our Verdict
As we know that there are sudden rises and falls in the price of Bitcoin but we think that Bitcoin will get the great heights as per the predictions stated above. There are many reasons also which can drop its price like Bitcoin has been used for the illegal purpose, and lots more hacking and thefts. But at the same time, Bitcoin is the leader of the market and we think it can cross the $ 20000 mark by the end of 2019. We hope that bearish market trends will end up and the bullish trends will start for Bitcoin.
Bitcoin got the positive prediction from the top crypto experts and 2019 seems a good year for the leading coin. People are adopting Bitcoin technology and also willing to invest in the dominating coin. The price of any currency depends on the demand and supply, as the demand will increase the price will increase as well. I think now you got a rough idea about Bitcoin’s upcoming price but make sure to do your own research first. We are not provoking you to invest in Bitcoin we are just conveying information. You can also take help of your financial advisor before investing in any coin.
Still, any query regarding Bitcoin Price Forecast then let us know below in the comment section. For more crypto updates stay connected and keep reading.