Bitcoin Price Prediction: Will BTC Price Reach K By 2020?

Posted by John Kammy on December 18th, 2020

Bitcoin remains the most controversial and widely speculated cryptocurrency today. Although the popular cryptocurrency might not have been the first cryptocurrency to be created, as many suppose, its authority among its peers makes it stand out as a pace-setter and a possible global financial market entity.

Do you “hodl” bitcoins or are you trying to join the moving train of people who already have some skin in the game? Do you wonder what the price of bitcoin will be in a few years?

Are you eager to know what influencers think about the future of bitcoin in terms of price and adoption? If any of these is your question, then these price prediction pieces will walk you through grounded research and satisfy your curiosities. 

What is Bitcoin?

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

Introduced more than a decade ago by an anonymous person or a group of persons known as Satoshi Nakamoto, bitcoin has definitely taken the world by a surprise. This has been possible especially with its impressive rate of adoption and incredible price movements. It would appear as though that bitcoin would have to fight its way straight into the heart of classical finance, its place in its single-handedly built crypto ecosystem, is however undeniable.