Bitcoin Will Double in 2020, According to Leading Research Firm

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Bitcoin price predictions are always points of contention. However, when a reputable financial research firm such as Fundstrat makes one, it is time to pay attention.

Bitcoin prices have reclaimed the psychological $8,000 barrier again recently and continue to crank higher as weekend trading commences. Support held at $7,700 and the asset is on track to re-tap resistance at $8,400 if the bulls can keep up the buying pressure.

This could lead to longer-term gains and research firm Fundstrat Global Advisors is confident that they will be big in 2020.

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