What is Bitcoin Gold?
BTG is a cryptocurrency having Bitcoin fundamentals, mined on common GPUs rather than ASICs. ASICs somehow restricts mining to a few big players, but GPU mining allows everyone to mine – restoring independence and decentralization. Rewards from GPU mining go to individuals all over the world, instead of mostly to ASIC warehouse owners, recreating network effects that Bitcoin used to have.
Bitcoin Gold (BTG) Price Prediction
Predicting Bitcoin Gold price is done by applying our in-house deep learning (neural network) algorithm on the Bitcoin Gold’s historical data. Considering the historical price input data, BTG Price can be predicted for various period of the future.
The price of Bitcoin Gold (BTG) currently stands at $18.82. Based on recent data, we can predict that investing in Bitcoin Gold will be very profitable for the long term. Long term Bitcoin Gold forecast, we mean forecast the price of Bitcoin Gold for five years above.
In two years time (2020), we expect the price of Bitcoin Gold (BTG) to reach $199.2232 and in five years time (2023), the price of 1 Bitcoin Gold should be around $470.2556 and after seven years (2025), we predict the price to be around $650.9439.
From technical analysis, using the algorithm predicts that in the long term, the price of Bitcoin Gold (BTG) will not drop or fall. Also the system forecast/prediction says that there is no possibility of a crash.