The cost of Bitcoin cryptocurrency continues to increase and Tyler Winkloss, co-founder of the Gemini exchange, believes that if the exchange rate exceeds $ 10,000, then we can confidently expect that the price will rise to $ 15,000.
Tyler Winklevss spoke about his assumption on Twitter. Note that Winkloss is not the only one who predicts a rise in the BTC rate. This week, analyst Tom Lee, founder of Fundstrat Global Advisors, said that within a few months, BTC could reach not only $ 20,000, but even increase 4-fold, reaching $ 40,000. Analyst Oliver Isaac suggests that by the end of this year or early next year the cost of BTC will rise to $ 25,000.
Meanwhile, some analysts claim that the success of Bitcoin may be affected by the Libra crypto-project from Facebook, the release of which white book took place on June 18th. Yesterday, a crypto-enthusiast, Max Kaiser, said in his Twitter blog that the Facebook cryptocurrency would be a trigger for the BTC price to take off. Kaiser connects his assumption with the fact that Facebook's crypto-project will so well inform the world about cryptocurrencies and the benefits of using them, that the BTC hash rate will start to increase sharply, which will lead to the achievement of cryptocurrency of new price maxima. Kaiser calls Mark Zukurberg a “useful idiot” for Satoshi.
Despite the fact that Winkloss did not explain the importance of overcoming the BTC level of $ 10,000, Tom Lee told about this earlier. He believes that now the BTC market is experiencing a loss of profits syndrome (FOMO – 5th level), and it is expected that as soon as the 10th level is reached, retail investors will start buying cryptocurrency even more actively, but the price of BTC may rise up to $ 40,000.
