Bitcoin has been predicted to hit One Million US dollar by 2020 by John McAfee. A proclaimed Bitcoin time traveler who also stated his intention to run for president. I stated this to know how important this sort of prediction is and the impact on the career, in this case political ambition of Mr.McAfee.
One thing is for sure, Bitcoin surges per halving considering the statistics of previous halvings and by May 2020 the next one will be implemented, but with the recent dip and drops, could it be possible to hit such figure as predicted?
Bitcoin price and Space travel are two of the interesting things to look forward to in the year 2020 and beyond. Tesla CEO, Elon Musk hinted on another prototype of space shuttle to make interspace travel a reality for the rich, that is, for those who have millions of dollars to throw around. Imagine the possibility of this monumental achievement and also imagine the price of 1 Bitcoin at $1,000,000. Isn't that interwoven if you look closely?
I mean, there is no logical correlation between this two event but could it be some sort of globalist agenda? Now before you dispute this claim consider the fact that the manipulation in market prices are not mathematically supported, that's a hint that state and institutions are still very much influencing cryptocurrency whether you agree or not.
When and if Bitcoin hits $1 Million in 2020 according to Mr. John McAfee's predictions, that means several Bitcoin Holders could be able to afford interspace shuttle, provided the Tesla Race to space kickstarts by then. But till then, I am of the opinion that Bitcoin will surge and will kickstart the much awaited Bullrun, but Bitcoin price hitting one million US Dollar is like the Race to space Project getting done in 2020 and not beyond.
A more reasonable price for Bitcoin after the halving might be in the region of $100k and its not a certainty since there is no mathematical theorem to back up Bitcoin price pattern per period of time.
Thanks for reading.