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BTC Price Consolidates at $19,000, Will Bitcoin Reach $20,000 in 2020?
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BTC Price Consolidates at $19,000, Will Bitcoin Reach $20,000 in 2020?

Bitcoin soared to over $19,400 last night, the BTC price coming within relative inches of creating a new all-time high before falling. Will we see Bitcoin reach $20,000 in 2020?

How the 2020 Bitcoin Bull Run is Different From 2017, High Confidence Seen in BTC at Current Price
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How the 2020 Bitcoin Bull Run is Different From 2017, High Confidence Seen in BTC at Current Price

Mike McGlone noted that there are more reluctant BTC sellers this time, compared to the massive Bitcoin rally seen in 2017.

Bitcoin to See a Parabolic 2021 as Analyst Hints at Historical Trend that Could Take BTC to a New All-Time High
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Bitcoin to See a Parabolic 2021 as Analyst Hints at Historical Trend that Could Take BTC to a New All-Time High

Bloomberg’s senior commodity strategist Mike McGlone said that Bitcoin will see a parabolic 2021, following the same pattern in its history in 2013 and 2017.

Investors See Bitcoin as a Long-Term Investment, says Crypto Analyst
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Investors See Bitcoin as a Long-Term Investment, says Crypto Analyst

Despite the current price correction, on-chain analyst Willy Woo has revealed that Bitcoin’s velocity is higher than that of funds allocated for spending it.

Bitcoin is Outperforming its 2016 Post-Halving Bull Run That Triggered the Record-High of $20,000
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Bitcoin is Outperforming its 2016 Post-Halving Bull Run That Triggered the Record-High of $20,000

New data from ChartsBTC reveals that the Bitcoin (BTC) trend in 2020 is outperforming the post-halving bull run of 2016.

More Consolidation to be Expected from Bitcoin as the Dollar Rallies and US Stock Market Is Down
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More Consolidation to be Expected from Bitcoin as the Dollar Rallies and US Stock Market Is Down

Crypto analyst Joseph Young thinks that Bitcoin is treading with caution due to the strengthening of the dollar, and he suggests this could prompt a short-term price consolidation.

Colossal Increase in US Household Liquidity Might Push Bitcoin Further Upwards, says 10T Holdings Co-founder
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Colossal Increase in US Household Liquidity Might Push Bitcoin Further Upwards, says 10T Holdings Co-founder

Dan Tapiero, the co-founder of fintech and digital asset firm 10T Holdings, trusts that the remarkable increase in US household liquidity to the tune of $2.67 trillion could trigger further upward momentum for Bitcoin.

Bitcoin Could Rally Towards $75,000 “Very Quickly,” says Equity Strategist
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Bitcoin Could Rally Towards $75,000 “Very Quickly,” says Equity Strategist

Matt Maley, the equity strategist at leading institutional trading firm Miller Tabak + Co, believes Bitcoin could rally towards $75,000 “very quickly” based on some chart patterns.

Dubai-Based Property Developer Introduces Bitcoin Payment for Home Buyers
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Dubai-Based Property Developer Introduces Bitcoin Payment for Home Buyers

Ellington Properties, a Dubai-based developer, has chosen Bitcoin Suisse (BTCS) as its ideal crypto brokerage provider to facilitate Bitcoin payment for its international customers.

Bitcoin Network Transacts a Whopping $8.9 Billion in a Single Hour
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Bitcoin Network Transacts a Whopping $8.9 Billion in a Single Hour

The Bitcoin network has reached an unprecedented level in terms of chain volume as it transacted 8.9 billion in one hour. Rafael Schultze-Kraft, Glassnode’s co-founder, ascertained that this movement made history because it was the highest hourly volume of Bitcoin to be recorded in its 11-year existence.

Bitcoin Aggregate Spot Orderbook is Stacked, says Crypto Analyst
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Bitcoin Aggregate Spot Orderbook is Stacked, says Crypto Analyst

Onchain and crypto analyst Cole Garner has noted that the current price correction shouldn’t raise eyebrows because BTC’s aggregate spot order book is stacked, and this is a bullish signal

Winklevoss’ Predicts Bitcoin Market Cap of $9 Trillion and BTC Price of $500,000 by 2030
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Winklevoss’ Predicts Bitcoin Market Cap of $9 Trillion and BTC Price of $500,000 by 2030

Bitcoin billionaires Tyler and Cameron Winklevoss told CNBC that the Bitcoin price will surge to $500,000 within the next decade and replace gold as a store of value.

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