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Bitcoin Gold represents another fork derived from the Bitcoin chain with the main idea of removing the competitiveness in mining that can be found in the Bitcoin and Proof of Work protocol.
The solution was to create an ASIC-resistant system that would allow BTG miners to validate transactions and create new blocks of low mining difficulty and where miners can extract without the need for expensive mining equipment.
The fork occurred in October 2017, so the crypto had a chance to reach a record value of $ 456 in December 2017, however, BTG fell to a loss of -97% of its value over the last 12 months.
In addition, BTG was last seen above the $ 100 price in March, from where it traded to sharp declines and negative market trends, which is why Bitcoin Gold is now trading as 25th-the most crypt for about $ 12 with the last declines of December 2018.
Will the BTG continue to sink with diving or get back on track in the next period?
Bitcoin
Price forecast Gold (BTG) for 2018
Bitcoin is currently down by -37% over the last seven days, which brought BGT from the price of over $ 18 at the beginning of December to the current value of $ 12 on December 9th.
In addition, Bitcoin Gold lost more than -60% of its total value in the last month during the November declines, in order to mark the biggest losses alongside the rest of the market.
The fact that the rest of the cryptocurrencies is also coming down, especially during the last few weeks, is probably what keeps BTG in the list of the 30 best commercial cryptographers.
At the current rate of growth, BTG is more likely to head towards the end of the year at the lowest price of $ 10, while its maximum price could rise to $ 19, with less chance of exceeding $ 20. .
Bitcoin
Price forecast Gold (BTG) for 2019
Even if BTG manages to enter 2019 at the price of $ 19, it is suggested that October 2019 could bring severe drops of over -90% in one month to BTG, dropping the cryptography to the value of 1 $ to 2 $.
However, in the event that the market is moving towards recovery at the end of 2019 as expected, Bitcoin Gold should be able to reach the price of around $ 36.
Bitcoin
Forecast of gold prices (BTG) for 2020
Analysts suggest that BTG may be able to get a major rebound in 2020 with the maximum of its crypto-colleagues, as it is assumed that the market will be able to gain a more stable growth rate over the next two years.
In this case, Bitcoin Gold could reach its all-time high already in the next two years, going over $ 500 at best.
The worst case scenario should keep the crypt close but below $ 100 in 2020.
Bitcoin
Gold price forecast (BTG) for 2025
In the event that BTG fails to exceed its all-time high before the end of the next six years, it is said that Bitcoin Gold could see its record price once again in 2025.
Generally it is assumed that 2025 should open a more stable market with price fluctuations and prolonged intervals, since it is believed that the cryptography market should at least be partially formed in terms of more stable trends by the end of 2025.
