Bitcoin Price Prediction 2020




In this video, I perform technical analysis on the Bitcoin chart dating back to 2010, to predict the price of Bitcoin in 2020. This video is basing this prediction on technical analysis. It does not take into account utility, adoption, or speculation beyond the BTC chart. In order to show why I used the methods that I did, I also referenced the Ripple XRP chart and the AMZN chart. Sometimes predictions come true, sometimes they do not. Please make your own financial decisions on your own, as I am not a licensed financial advisor and my opinion should not be taken as financial advice. Best of luck!

Hi, this is the Blockchain Backer, bringing you the latest crytocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts.

Disclaimer: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The information in this video should not be used to make any investment decisions.

source

Recommended For You

About the Author: Blockchain Backer

21 Comments

  1. Hey Everyone, I wanted to remind you I will never post in the comments below, or EMAIL you, asking you to send me money or digital assets. There are impostors who pretend to be me asking you to send them money. Do not send your crypto to anyone, especially someone pretending to be me. I will never comment on my videos offering an incredible unrealistic giveaway or free money. I will never email you asking you for your money. These scams always ask you to send them money. Don't do it! I just wanted to make you all stay safe out there. Have a good one! – Blockchain Backer

  2. Bitcoin will never go over $20K and that's if lasts beyond May. It'll probably suffer a 51% attack before May or maybe another inflation bug. someone will mint billions and kill it. Bad investment is an understatement.

  3. I hate it when youtubers say that its not their responsibility blabla. You all have mentioned it trillion times, just dont. Nobody will blame their potenial losses to a youtuber that they dont even know. Its so annoying

  4. Wow you're the first TA guy youtube I've seen that actually use TA to predict the future. My team use Time analyst and my friend we basically got the same results.

    But its acutally going to run up Dec 26th-Mid/late Jan and expect selling action until June/July. Then another 6 month which will bring us to Jan 2021.

Comments are closed.