The Bitcoin (BTC) market price remains highly unpredictable, especially as it enters the final stages of a turbulent decade. For 2020, predictions range from a bullish rally in spring, to another period of sideways movement and accumulation.
As the first decade of BTC winds down, trading is slowing and hopes for price action get transferred to the new year.
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But the specific dimensions of the price rally, or stagnation, continue to be unclear. In the short term, BTC is seen going down to a bottom close to $5,000, before attempting another high.
Some see the year go through a recession or lowered interest, as a new price spike cycle would occur down the line, in 2021 or later.