Bitcoin Will Reach $20k Before the End of 2020, Here’s Why

LeoFinance
2 min readOct 28, 2020

I got into crypto in early 2016. I started out — much like everyone else — buying Bitcoin and slowly gravitated toward Ethereum. As I learned more about the space my bullish mindset deepened and I realized that this is the technology to buidl on and invest in.

Show Notes: https://leofinance.io/@khaleelkazi/ncdseakk

Bitcoin is closing in on $14k today — with the price jumping to $13,700 as I type and record this video. Many are wondering when we’ll hit that coveted $20k and cross the previous All-Time High.

Some predict that Q1 of 2021 will be Bitcoin’s time to shine and blast beyond $20k. Others are convinced that it’ll be sooner. In this video, I talk about a few things that I’ve seen along with my personal opinion about the movement of BTC’s price.

I also discuss how my mindset has changed since the 2017 bull run. I learned a lot in that bull run as it was the beginning of a much longer, tougher and more rewarding journey than I ever could have anticipated.

Covid has accelerated the adoption of technology far beyond our expectations. It’s also seemed to accelerate the adoption of Bitcoin amongst legendary investors like Paul Tudor Jones and also public companies like MicroStrategy and Square who have added BTC to their balance sheet in place of cash reserves.

I’m more bullish on BTC than I’ve been in a long time. I’ve spent the last several years accumulating BTC and a handful of Altcoins that I believe in from a technology perspective — as opposed to a pure currency play. This video focuses primarily on Bitcoin and how I’m planning my moves as we enter the nascent stages of this coming bull run where I see BTC skyrocketing past $100k USD as a mad rush of institutional money flows into the space.

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