Home CryptocurrencyBitcoin Bitcoin’s Price Indicates That It Could Hit $20K by the End of 2019

Bitcoin’s Price Indicates That It Could Hit $20K by the End of 2019

by Brandon Harville
, Bitcoin’s Price Indicates That It Could Hit K by the End of 2019

Grab your party hats, everyone. Bitcoin’s going to $20,000!

How many times have we heard that one before? Let’s be honest, there’s someone who’s always going to say Bitcoin is going to break $20,000. Then $50,000, then $100,000, and so on. But crypto investor and podcast host, Trace Mayer, believes that Bitcoin could topple the $20,000 mark by as early as December of this year. But is there actually any validity to this claim, or is it another case of crypto being overhyped?

Well, billionaire and bitcoin supporter Mike Novogratz seems to agree. In a recent interview on Bloomberg, Novogratz admitted that he believes Bitcoin will experience another massive breakout after a round of corrections that could keep the coin between the $10,000-14,000 price range. Novogratz went on to say that he won’t be selling any bitcoins the next time it hits $14,000 and that he predicts Bitcoin to zero in on the $20,000 mark somewhere near the end of the fourth quarter.

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