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THIS CHART SHOWS WHEN BITCOIN MIGHT BREAK 20K!!

All the content, images, articles, posts, pages written and published by https://simplebitcoinnews.com are not financial advice but opinions of the crypto community and are only for educational or entertainment purposes.

Market analysis on cryptocurrencies such as Bitcoin, the indices markets and commodities + occasionally some others. Tackling questions like if Bitcoin can reach 20k again and if we will be seeing a crypto currency market recovery this year. Things like the lightning network have provided huge improvements for BTC and while it is true that others like Roger Ver with Bitcoin Cash (bcash) may disagree, I do see these blockchain technology innovations to be very bullish fundamental signs for the space.

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6 Comments

  1. Very good TA, but i dont hear you talk about the amount of money needed to push those rally after a all time high, when BTC was in the 100$ to few thousands of dollars range, the amount of money needed to push to price by 600% was way less important than it is right now, i didnt do the math, but if we want a rally as powerfull as lets say between 600% and 1500% we would need waaaay more money injected into BTC, for exemple, if we want a rally of 1000% when btc is at 20k (, so its a 10x ) to get to a BTC at 200k, we would need billions of $ injected. So, unless more big companies and media help promoting BTC so people inject money in it, it's not going to be as easy as when we only need a few millions to push btc from 100$ to 1k$.
    What do you think about that @Forflies ?

  2. XRP go to $3.30

    One of the primary reasons for XRP 's current spike stems from the project the Flare Network, which plans to airdrop tokens to XRP owners. This means more than 45 billion “spark” tokens will be given to XRP holders who are holding anytime before December 12, 2020.

    XRP is seeing a majority of trades on Binance, Upbit, Huobi Global, and Coinbase Pro. XRP still has a ways to go to catch up to the digital asset's all-time high recorded on January 3, 2018, at $3.30 per XRP .

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