Close, but no cigar! Here are 2020’s worst Bitcoin price predictions By Cointelegraph

Close, but no cigar! Here are 2020’s worst Bitcoin price predictions

CryptocurrencyJan 02, 2021 09:40PM ET

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Close, but no cigar! Here are 2020’s worst Bitcoin price predictions

Pundits and crypto analysts love to issue Bitcoin (BTC) price predictions regardless of how volatile the asset class is.

In 2017, there were calls for BTC’s price to hit $35,000–$50,000, and of course, a few brave souls predicted that the price would top $1 million before correcting.

Bitcoin’s price in USD. Source: TradingView

Ross Ulbricht’s chart annotations. Source: Medium

Gold, USD/OZ (right) vs. S&P 500 (left). Source: TradingView

Continue Reading on Coin Telegraph

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US 30	35,734.4	+507.4	+1.44%
US 500	4,685.5	+93.8	+2.04%
Dow Jones	35,731.78	+504.75	+1.43%
S&P 500	4,685.77	+94.10	+2.05%
Nasdaq	15,687.8	+462.7	+3.04%
S&P 500 VIX	21.93	-5.25	-19.32%
Dollar Index	96.460	+0.130	+0.13%

Crude Oil WTI	72.58	+3.09	+4.45%
Brent Oil	75.92	+2.84	+3.89%
Natural Gas	3.720	+0.063	+1.72%
Gold	1,785.25	+5.75	+0.32%
Silver	22.540	+0.277	+1.24%
Copper	4.3353	-0.0022	-0.05%
US Soybeans	1,245.62	-15.38	-1.22%

SPDR S&P 500	468.05	+9.26	+2.02%
iShares Russell 2000	225.31	+6.29	+2.87%
Invesco QQQ Trust	397.51	+11.31	+2.93%
Direxion Daily Junior Gold Miners Bull 2X Shares	62.19	+2.40	+4.01%
iShares Silver	20.84	+0.13	+0.63%
ProShares Ultra VIX Short-Term Futures	17.24	-3.49	-16.84%
ProShares UltraPro QQQ	167.14	+13.55	+8.82%

Apple	171.48	+6.16	+3.73%
Alphabet A	2,934.1	+71.0	+2.48%
Tesla	1,044.58	+35.57	+3.53%
Amazon.com	3,520.60	+93.23	+2.72%
Netflix	621.07	+8.38	+1.37%
Meta Platforms	324.36	+6.49	+2.04%
Bank of America	44.59	+0.44	+1.00%

Close, but no cigar! Here are 2020’s worst Bitcoin price predictions

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