The most bull run factor in 2020.

[Gurujebs]

Institutional investors has been the prime mover of this market despite some negative impact from the government media.
You will be stun how some of the so call institutional investors were bashing crypto and Bitcoin back in the days especially PayPal CEO but look at the entire market today, he and his crew strongly believe in bitcoin and even offered service to US citizens.

Institutional are changing the game, they don't want to fall behind before government finally join the race. ( some officials are in already )

[syedrasool2011]

Bitcoin touch high target 24k never happen i think it will dump to 20k after that biggest pump will come 30k wait for dump then invest in bitcoin and altcoins.

[Falcon]

Bitcoin touch high target 24k never happen i think it will dump to 20k after that biggest pump will come 30k wait for dump then invest in bitcoin and altcoins.

I agree with you. Bitcoin pump to $24,000 now dump to $22,000 and still possible to down more. But after the dump, pump can happen next year in January. Possible price could be $40k.

[naitik01]

The big bull run has come so far in 2020, its biggest factor is believed to be the investment of big companies, due to which there is a huge demand in the market.

[Msweet]

The price of Bitcoin was affected just like the bull race. It is unthinkable that the price of Bitcoin will go above 24,000 dollars so soon. Now that the price of Bitcoin is going down again, I believe that the price of Bitcoin will come down to 18,000 dollars in a few days.

Although the price of Bitcoin is currently declining, it will not decrease much.  Soon we will see that the price of this bitcoin will hit 25,000 from January to February 2021.  Now just wait the time.  But I'm sure it will.

[Vx1]

In the crypto price increase formula is due to high demand in the market and little supply. The very high interest in Bitcoin and other crypto from the community today has resulted in an increase in the purchasing power of the public for investment, making the price of Bitcoin increase very high. They believe that Bitcoin is an investment with a very high potential for large profits.

[IyemRoker]

The factor for the increase of Bitcoin or altcoins is the entry of various money from all investors to buy them.
In other words Bitcoin will be the best livelihood for the future.

Bitcoin is so simple and easy to use that this will be a factor in the Bull Run in 2020.

[Doctor]

The factor for the increase of Bitcoin or altcoins is the entry of various money from all investors to buy them.
In other words Bitcoin will be the best livelihood for the future.

Bitcoin is so simple and easy to use that this will be a factor in the Bull Run in 2020.

By seeing many opinion at this thread, I think i agree with your opinion bro. The factor for the increase of Bitcoin or altcoins is the entry of various money from all investors to buy them. I see bitcoin has high demand, I think the reason why bull run happen at 2020.

[babu10]

Actually the price was expected from market from many days but no body  guess that it will run bull in pandemic season. I think there are some reason for bull run-

1.  Pandemic situation so that investment from home for more income.
2.  US central bank and Swiss bank make custody BTC.
3.  Paypal accepting BTC.
4.  Crisis and lack of wealth in market

 

[Monster5]

Cryptocurrency companies are currently moving towards better by 2020 as the price of cryptocurrency bitcoin will be able to achieve something better in the future. So the company and its investors are currently moving in a much better direction.

[tamango]

The main factor is the good growth of the main cryptocurrency and attracting the attention of new users to bitcoin as an investment! More and more people today are interested in buying bitcoin, so we believe in 50,000 soon!

[Azaleea]

I agree with your opinion. Various reasons have been able to make the price at the end of this year so strong. The future of Bitcoin is still long, and for me, it is necessary to have a scientific study on all of this, so that later it can be used as a comprehensive reference material

[Amaraly]

In my opinion, because the economy is going down, people want to bet for income. In addition, the whale poured more money into Bitcoin, so the price of Bitcoin increased continuously

[Rowan]

There are a number of reasons or factors that has influenced the current 2020 bull run has been sustained, and the chief among them is that this bull run has been driven fundamentally by institutional demand rather than retail.
Not forgotten that an increase in media attention would certainly change price trends but I think institutional investment has been the key to the price pump. What are your opinion?

We are seeing bitcoin's highest price rally at the moment. Investors are pumping money into it. more and more people are betting on bitcoin. 2020 is a year for bitcoin to shine

[gqinyot]

a year for a lot of investors when bitcoin is at a very high level and caught the world's attention after two big events: the US election and the 19th coin
a lot of people bet on bitcoin and so do I. Good luck