Thoughts on Bitcoin price

[Christopher]

think can reach $20K by 1Q 2021 ?

Grayscale Bitcoin Trust is having its largest inflow… only institutions can invest in it.

[VV]

Bitcoin is now only less than 30% from its ATH. During the last bull market it took only two weeks to get from $10K to $20K. I think $20K by 1Q 2021 is very much possible.

Even Wall Street “smart money” now in on BTC: https://www.supercryptonews.com/wall-street-veterans-make-a-strong-case-for-bitcoin/

The more interesting question is, how high will it go?

[Phuong]

Hit 20k before 2021 for sure!!! 😉

[cryptokimi]

Well, everything is speculation until it happens. Can’t know for sure with crypto T_T

[Christopher]

but as the famous saying goes “this time is different” lol

– exponential onramp onto regulated products from guys like Grayscale
– systemic payment processors – e.g. Paypal – seeding education among masses
– top echelon support
– emergence of CBDCs
etc etc

[Author]

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