Bitcoin Price Prediction: Market Opinion for May 2020
A number of crypto forecasting sites posted their own Bitcoin price prediction for May 2020 and to provide a more comprehensive market sentiment regarding the future performance of BTC, we have listed some of these forecasts below.
Longforecast
Longforecast predicted that BTC will have a trading price of $6,481 at the start of May. They also estimated that the maximum price of the coin for this month would reach $8,065, while the minimum price will be around $5,892. The monthly average was estimated at a price of $6,694. The closing price was calculated to be around $6,336, change for May -2.2%.
Digitalcoinprice
Digitalcoinprice‘s Bitcoin price prediction sees the coin reaching a price of $13,998.46 in May, which means an increase of 99.53%.
Tradingbeasts
Tradingbeasts anticipated that Bitcoin would debut May at a price of $6,311.525. The maximum price for the month placed the coin at $7,864.432, while the minimum price was calculated at $5,347.814. Bitcoin was projected to close May at a value of $6,291.546, with a change of -6.78 %.
Coinpredictor
Coinpredictor forecasted that Bitcoin will experience a decree of -22.6% in May, meaning that the coin will be trading at $7,137.53.
Gov.capital
Gov.capital estimated that Bitcoin’s trading price for May 1st will be $7237.969, with a maximum price of $8323.66435 and a minimum price of $6152.27365. Below are the rest of the predictions for all the days in May.
Bitcoin Price Prediction: Market Opinion for May 2020
A number of crypto forecasting sites posted their own Bitcoin price prediction for May 2020 and to provide a more comprehensive market sentiment regarding the future performance of BTC, we have listed some of these forecasts below.
Longforecast
Longforecast predicted that BTC will have a trading price of $6,481 at the start of May. They also estimated that the maximum price of the coin for this month would reach $8,065, while the minimum price will be around $5,892. The monthly average was estimated at a price of $6,694. The closing price was calculated to be around $6,336, change for May -2.2%.
Digitalcoinprice
Digitalcoinprice‘s Bitcoin price prediction sees the coin reaching a price of $13,998.46 in May, which means an increase of 99.53%.
Tradingbeasts
Tradingbeasts anticipated that Bitcoin would debut May at a price of $6,311.525. The maximum price for the month placed the coin at $7,864.432, while the minimum price was calculated at $5,347.814. Bitcoin was projected to close May at a value of $6,291.546, with a change of -6.78 %.
Coinpredictor
Coinpredictor forecasted that Bitcoin will experience a decree of -22.6% in May, meaning that the coin will be trading at $7,137.53.
Gov.capital
Gov.capital estimated that Bitcoin’s trading price for May 1st will be $7237.969, with a maximum price of $8323.66435 and a minimum price of $6152.27365. Below are the rest of the predictions for all the days in May.
Cryptorating
Cryptorating’s Bitcoin price prediction for May expects the coin to lose -40.62%, which would place BTC around $4 188.50.
Cryptoground
Cryptoground projects that BTC will reach in May a price of $9,736.8819, signifying an increase of 38.82%.
30rates
30rates made predictions for the first 20 days of April, along with the minimum and maximum values of each particular day.
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