SEO BitMAX made a forecast for the price of bitcoin for 2020.

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Arthur Hayes, CEO of cryptocurrency exchange Bitex in an interview with Cointelegraph Japan gave a forecast of bitcoin price movement next year.

In his opinion, if inflation continues to rise, the role of the first cryptocurrency as a means of saving will increase. This will lead to the growth of bitcoin to previous highs.

However, the $20,000 level remains an important psychological mark and the coin will not overcome it for a long time, he said.

In the case of a bear market return, Hayes is confident that bitcoin will not fall below $3000. According to him, the break-even point for miners is in the range of $3000 - $4000 and it will serve as a serious level of support.

In September, Hayes said that the growth of bitcoin to $20 000 thousand can lead to the continuation of the fed's policy of quantitative easing.

The original article here - https://forklog.com/ceo-bitmex-sdelal-prognoz-dlya-tseny-bitkoina-na-2020-god/