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Financial Advisory Firm Says Past Market Trends Point to Bitcoin at $20,000 by 2021

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  • Financial Advisory Firm Says Past Market Trends Point to Bitcoin at $20,000 by 2021

    Financial advisory firm Canaccord Genuity has predicted that bitcoin (BTC) could hit $20,000 by 2021 based on retrospective projections in an analysis published on May 9. This prediction is based on a close similarity between the four-year price cycles of bitcoin during the 2011-2015 and 2015-2019 ranges, as shown in the following graph: Bitcoin price […]

    See the full article on CryptoPost.com...
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