Analyst: 2020 will be the year of bitcoin, and it is expected to reach another record high

According to analyst Bitcoin Macro, the time accumulated in the market is almost over. 2020 is the year when cryptocurrencies finally wake up. Once it happens, it will be a year that will change people's lives. "Once this market wakes up again, it will generate life-changing profits!" Other analysts also believe that cryptocurrencies will perform better next year. Benjamin Blunts said, "I think bitcoin may bottom out next year, it may be around $ 6,000." Nick Hellman, vice president of, believes that bitcoin will first drop to a low of $ 6,000 and then hit a record high next year . "There is no doubt that 2020 will be the year of bitcoin and hit a record high!" Scott Melker also believes that the bulls will control 2020. However, he said, "Bitcoin will create a new bull market, but I cannot predict the future." CCN author Kiril Nikolaev said that if Bitcoin is bullish in 2020, altcoins such as Ethereum and Litecoin are expected to follow suit because Has a strong positive correlation with Bitcoin.