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Ask Leo: Can Bitcoin go above 40k by next year

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@emeka4
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Bitcoin has been surging in recent months and many people are wondering whether it will continue with such trend in the coming year. A few experts predict that the price of Bitcoin could increase by as much as 30% over the next year. Although the price of Bitcoin is not yet at that height, it is still a major investment to make.

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The price of Bitcoin changes every day and is determined by the supply and demand of Bitcoin. When the demand for Bitcoin increases, the price increases and when demand decreases, the price decreases. The price of Bitcoin is determined by the supply and demand of Bitcoin as been said.

There are many people who are waiting for the price of Bitcoin to go higher so that they can sell and make a profit. However, the price of Bitcoin will be a great move if it hit 40k by next year.

There are a lot of people who are in agreement that the price of Bitcoin will go up likewise we have people who disagree that it wouldn't but It is possible that the price of Bitcoin might hit 40k by next year, but it is also possible that it will not.

The price of Bitcoin will most likely be somewhere in between but what is expected to occur is to invest while low at the moment then expect a huge price later in the coming years.