Bitcoin price may break $ 20,000 very soon as investors flood BTC



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Yuri Molchan

After the recent pullback of more than $ 9,000, BTC is trading in the $ 8,800 area. Still, a trader expects BTC to break $ 20,000 soon as more people buy it.

With Bitcoin’s halving (in about a week), more and more investors seem to be getting on the BTC train.

Despite the fact that Bitcoin was unable to make the final leap to cross $ 10,000, a cryptocurrency trader and popular YouTuber claims that reaching $ 20,000 is a matter of time due to the halving.

“It’s only a matter of time before $ 20,000 breaks!”

Merchant @TheMoonCarl has tweeted that the number of non-zero Bitcoin addresses has now broken the 30 billion figure. Now, seeing the increasing number of investors buying Bitcoin, he claims that breaking $ 20,000 for Bitcoin is only a matter of time.

BREAKING: The number of non-zero #Bitcoin addresses has just reached an ATH of over 30 million addresses! People are flooding $ BTC right now! It’s only a matter of time before $ 20,000 breaks. ! ”

The data appears to have been originally taken from Glassnode. The new ATH of non-zero Bitcoin addresses totals 30,092,209,000.

“Buy millions of USD in BTC”

River Financial chief Alexander Leishman has also shared a chart confirming that people have been buying more Bitcoin before halving.

Popular crypto podcast buys BTC

Popular cryptocurrency podcaster @CryptoCharles__ has taken to Twitter to share their news from accumulating 0.1 BTC.

“OMFG, I can’t believe I finally stacked 0.1 Bitcoin. It’s been such a beautiful journey with you. I love this industry so much, that Bitcoin is the only thing I think about the most.”

Bitcoin Falling Again?

Trader @blockchainblitz has shared a chart in which it is clear that he expects Bitcoin to decline again and sees three targets for the decline, short / medium and long term. The closest is $ 7,650. The furthest is in the $ 5,250 area.

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