As a matter of fact, Bitcoin has been one of the most profitable assets till date since the time of its evolution. Probably that is one of the main important reason why Bitcoins have been considered as one of the best investments for most of the people. Although the bitcoins have never been free from risk, however, it is regarded as profitable, most of the times.
Speculated Price Forecast of BitCoin BTC
This is because of the fact that the value of Bitcoins has been increasing and for some, it is expected to increase for the days to come. However, some could urge that the glory days of Bitcoin are over and that it has already had its prime. If you want to get started with purchasing your first BitCoin, make sure to read this guide: Where to Buy, Sell and Trade BitCoins / AltCoins? To know the value of your BitCoin or AltCoins in USD, GBP or EUR, you must use CoinsFact Crypto Price Calculator.
No matter what, Bitcoin has become the most trending and the most popular cryptocurrency. Bitcoins have become the most popular form of cryptocurrency and the largest market cap coins because of the financial benefits, taxation perks, and availability. This makes Bitcoin the reasonable form of investment, apart from gold, bonds and other forms of commodities.
So are you interested to know the expected value of Bitcoin in future? Will Bitcoin Price Reach $1 Million U.S. Dollars? Read on to know.
The Speculated Price of Bitcoin Till 2020
Since the time of the evolution of Bitcoin, its value has been increasing. When the concept of the Bitcoin was given in the year of 2009, its value $0, as it was not exchanged or traded. However, just after the few months of its launch, its value has been increasing, and the same has been expected till the year of 2020.
Before checking the speculated price of Bitcoin till 2020, let’s have a look at Bitcoin Price Chart History.
Bitcoin Worth in the Past Years
Just after the Bitcoin crossed its infancy stages, its value has been increasing. From $1 in 2010, the bitcoin worth has been increased to +69,482.39% that makes a dollar change of around +$8,178.08.
Bitcoin Expected Worth
As per the history of the Bitcoin, the same gains have been expected in the coming years till the year of 2020. According to the CNBC, the Bitcoin’s price has the potential to rise to over $100,000 in next few years, which would mark a 3,483 percent rise from its recent record high. However, according to another source, by 2018, the price per bitcoin would reach at nearly $40,000. So by 2019, the source predicted that the price of the single Bitcoin will cost over $50,000 with trigger events that can occur that put the price even higher. And that is even higher for the year of 2020 that is expected to reach over $100,000.
Disclaimer: All forecasts / predictions for BitCoin value are based on previous charts and trends. You should not take it as an investment advice. Invest only what you can afford to lose. And make sure to diversify your risk by investing into multiple cryptocurrencies / altcoins, instead of investing in only one crypto coin.