Currently, Bitcoin (BTC) is taking very promising steps in the market. His long stay above the support level of $ 11,000 met the expectations of many cryptanalyst on the upward movement.
In addition, bitcoin halving is just around the corner. It is believed that this long-awaited event may lead to a parabolic growth, which will bring the BTC to new record highs.
Let's consider the opinions of experts on cryptocurrency, as from their point of view in 2020 this scenario is implemented:
- The co-founder of Morgan Creek Digital, Anthony Pompiano, a well-known bitcoin-maximalist, constantly speaks out for the growth and global adoption of bitcoin. He believes that reducing the activity of Bitcoin miners will lead to a significant increase in the market price of digital currency. His forecast is quite definite – by 2021, the BTC course will reach $ 100,000.
- Pompiano is confident that, starting from May 2020, the shortage of bitcoins will become a noticeable growth factor.
- Analyst Brian Kelly believes that Bitcoin miners are trying to preserve the extracted digital asset as much as possible, which potentially moves the price up.
- Popular cryptocurrency analyst Joseph Young agrees with this opinion, since the creation of a deficit in conjunction with halving can inflate the price of Bitcoin to the Moon.
Publication date 10/07/2019
Share this material on social networks and leave your opinion in the comments below.
