According to Blockstream CEO Adam Back, the Bitcoin exchange rate this year can easily reach $ 100,000.

For the first time since 2013, the United States has lost leadership in the volume of transactions in Bitcoins. In 2019, transactions with the first cryptocurrency in the amount of $ 8.58 billion were made in Singapore, and only $ 7.46 billion in the United States.

At the same time, according to Crystal Blockchain, an analytical website, Singapore became the leader in accepting transfers in the first cryptocurrency, and in the withdrawal of Bitcoins, the island state of Seychelles, where the BitMEX cryptocurrency derivatives exchange is registered, took first place. Bitcoin worth $ 10.07 billion was sent from there.

Cryptocurrency enthusiast John McAfee, known for his eccentricity, said that he would not eat his intimate body, despite the fact that the Bitcoin exchange rate had not reached $ 1 million by 2020.

Back in mid-2017, McAfee said that if by the beginning of 2020 the rate of the first cryptocurrency does not rise to $ 500,000, then he would cut and eat his genitals. After a while, against the background of a bullish spurt in Bitcoin, he increased the rate to $ 1 million. Later, McAfee repeatedly confirmed the forecast, but now he refused his words, saying on the social network Twitter that he was only attracting attention.

Coinbase Co-founder and CEO Brian Armstrong published a post in which he predicted the development of the cryptocurrency industry for the next ten years.

According to well-known cryptocurrency enthusiast and founder of Galaxy Digital Michael Novogratz, in 2020 the first cryptocurrency will reach at least $ 12,000.

UN Secretary General António Guterres is confident that his organization should use blockchain technology.

Guterres had previously spoken about the prospects for distributed registry technology. In July last year, he said that a "high-level digital collaboration group" had been created that directly interacts with blockchain technology. In September of the same year, he talked about lowering the level of trust in state institutions, highlighting distributed registry technology as one of the solutions to this problem.

Coinshares Strategy Director Meltem Demirors believes that halving the Bitcoin miners award in May 2020 will not have any impact on its price.

In her opinion, Bitcoin is suitable for the upcoming event in unique conditions. During the previous two halves, there was no such developed derivatives market as there is now. Most companies that want to profit from changing the price of the first cryptocurrency will use derivatives rather than the underlying asset.

According to logarithmic analysis by analyst Benjamin Cowen, by 2023, the capitalization of the cryptocurrency market could exceed $ 11 trillion.

Former Wall Street trader and cryptocurrency analyst Tone Vays called Tim Draper's prediction that Bitcoin price rise to $ 250,000 by 2023 "irresponsible."

Yesterday, analysts and traders said that the rate of the first cryptocurrency would drop to $ 5,500, but on December 18, Bitcoin pushed off support for $ 6,400 and soared to $ 7,400.

Although many believe that it is too early to draw conclusions, there is a possibility of continued growth. One of these signs is a bullish candle on the chart, usually indicating a change in trend, and also confirming the presence of discrepancies between the RSI and MACD indicators.