For those Bitcoin bugs excited about Bitcoin's 4 percent rally in 2020, think about this: Gold is also up by about the same percentage this year, only with significantly less downside risk.
If this is the best rally Bitcoin can muster, how will it ever hit 50,000, let alone 1 million?
Jan 6, 2020
Dec 18, 2019
Will Bitcoin End The Year With a Loss?
Earlier this year Ethereum, the number 2 crypto currency by market capitalization was up over 150 percent, and now it's down year-to-date. Ripple, the number 3 crypto currency, has also give up its earlier gains and is now down over 50 percent year-to-date. There are still plenty of trading days left in the year for Bitcoin to end 2019 with a loss!
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