Can We Predict the Bitcoin Gold Price in 2020?
We all tend to discuss the price for our preferred cryptocurrency, be it by Reddit or the news. Bitcoin Gold token is no exception. With its alluring golden nature, it continues to stir the minds of the public. Let us dive into Bitcoin Gold’s future price prediction that will make the Bitcoin Gold mining more sensible and fruitful.
What Is Bitcoin Gold (BTG)?
Bitcoin Gold originally was designed in 2017 as a hard fork of the original open-source cryptocurrency. Hard forks exist for various reasons. For example, they help to scale as a cryptocurrency customer base grows. Sometimes they are created due to the developer conflict and differences of goals. All in all, bitcoin gold's creators proclaimed: "Make Bitcoin decentralized again"!
Bitcoin Gold coin has an advantage. Bitcoin Gold token undeniably possesses an enhanced degree of security. The algorithm permits ordinary users to access mining pools. All the user requires is a PC. The BTG network features enhanced code to provide better Bitcoin Gold value.
Bitcoin Gold Price Chart
To start with the Bitcoin Gold price prediction today, we need to go through its dynamics.
Bitcoin Gold Price Prediction 2019
In 2018 Bitcoin Gold token faced a number of problems. Companies continued to reduce staff. The situation in the industry remained virtually unchanged. The price of bitcoin briefly rose above the $ 4,000 mark and fell again. No wonder that no one expected the rise.
Still, the interest to Bitcoin Gold was a bit higher this autumn. It’s related to the BTG stock price: the more it costs, the more people it attracts.
The Longforecast website states that BTG will cost $5 by the end of 2019, and its price will fall to $4 during 2020, whereas according to Yazan Gahnem from TradingView, BTG will cost $17 by the end of 2019.
Bitcoin Gold Price Prediction 2020, 2021, 2025
So we can conclude that the trends are not consistent. Still, the platforms keep making their forecasts. We will look into them.
WalletInvestor has a very pessimistic view. Its BTG price prediction 2019 is $2.5, and in 2020, it stakes at the BTG price of $1.9. Still, we must take into account that it is being regarded as a rather conservative and cautious platform.
The LongForecast states that in 2023, BTG will have reached somewhere around $21.
According to Digital Coin Price, BTG is a profitable investment, and its price will jump up to to $28.23 USD by 2025.
To cut the long story short, the positive changes in prices will imply the rise in users and the ascending charts. ‘For whoever has will be given more, and they will have an abundance. Whoever does not have, even what they have will be taken from them.’
Where to Buy Bitcoin Gold
So, as far as we can see now, the Bitcoin Gold price in USD is to grow in recent years. After the periods of a fall there’s usually an upheaval, isn’t there? There us a number of options for those who decided to buy Bitcoin Gold. To choose the best Bitcoin Gold exchange platform, check out the recent ChangeNOW article ‘Creating Bitcoin Gold Wallet in 2020’!
*This price prediction is based on the data collected from various sources. The information presented in this article should not be considered as any sort of investing advice and the reader should do their own research before taking any actions.