At the time of writing, Bitcoin (BTC) broke the $ 4,000 barrier and is trading at $ 4,044. The first digital coin has been in a narrow range since it rose to the level of $ 3,900. Despite this, crypto enthusiasts believe in sustainable long-term growth of BTC and expecting the massive introduction of the underlying technologies.
Well-known crypto expert and researcher Ton Weiss believes that the BTC / USD pair can rise to $ 6,000. Moreover, if the price exceeds $ 4,200, Weiss expects a steady "breakthrough a thousand points up."
I really think that we can break through the price and go up to $ 5,000, maybe even up to $ 6,000. But also I still think that this year we will see lower lows, below $ 3,000.
Weiss intends to sell a little bitcoin as soon as the price is somewhere between $ 5,000 to $ 6,000.
Meanwhile, Tim Draper said that by 2022 or 2023, Bitcoin will reach $ 250,000, which will be up to 5% of the global economy.
At the moment, the price of BTC has risen by 0.30% over the past 24 hours and amounts to $ 4,043. A steady downward movement will push the price back to the previous range and possibly cause more sales, with the following emphasis by $ 3,800.
On the other hand, $ 4,187 is an obstacle # 1, which is the highest level of 2019 and then an important psychological level of $ 4,200.
And what do you think about this? Leave your comments below!
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