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Ali Farhad

Bitcoin

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I don't want to be attacked by all the crypto people here but in my humble opinion I don't think so. 

I believe it is too overvalued where it is currently at and that we could see it lower with other cryptos increasing in price. However, it has been acting as a risk off asset and so it may rise a bit with the current market risks. There is also talk that with an increase in dollar flows comes an increase in BTC price with there being more dollars available to buy into BTC. So that may have some affect. 

But, to answer your question, I don't think we will see it get to £20k again. Sorry!

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