Bitcoin’s Price Could Surge to $20,000 by Christmas, Analysts Suggest
Analysts are predicting a bullish long-term outlook for bitcoin, suggesting the cryptocurrency could hit its all-time high of $20,000 by Christmas, but not before enduring a correction in the near future.
According to CryptoCompare data, the price of BTC has been steadily moving up since late last month, going from $11,000 to over $15,800 at press time. The cryptocurrency hit $16,000 earlier today, but suffered a short correction shortly after.
See more for yourself here (https://www.cryptoglobe.com/latest/2020/11/bitcoins-price-could-surge-to-20000-by-christmas-analysts-suggest/).