What will happen with the bitcoin (BTC) price? Analysts explained!
What will happen with the bitcoin (BTC) price? Analysts explained!
07/08/2020
Bitcoin (BTC) has been rising for a few days. At the time of writing, the cryptocurrency was $ 11,788. While some analysts are waiting for BTC to correct, others believe the cryptocurrency will rise further.
Mike McGlone, senior commodity analyst at Bloomberg Intelligence, made a forecast for Bitcoin's expected growth. Chief analyst Megaron stated that the leading cryptocurrency will rise to $ 13,000.
What will happen in Bitcoin (BTC) in the short term?
opular analyst Crypto Michael made a statement about what will happen to Bitcoin in the short term. The senior analyst said there is hope for the future of cryptocurrencies, but there will be no bullishness in the short term.
Crypto Michael stated:
"I'm very pleased with the future of cryptocurrency, but I don't think it will rise in the short term as things move in the resistance zone."
Analyst Josh Rager said:
The market pressure of bears on bitcoin continues. Bulls are temporarily weak right now, but BTC could see $ 12,000 soon, according to Josh Rager. Josh Rager also stated that LINK could exceed $ 10 and BTC could exceed $ 12,000.
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Bitcoin (BTC) has been rising for a few days. At the time of writing, the cryptocurrency was $ 11,788. While some analysts are waiting for BTC to correct, others believe the cryptocurrency will rise further.....
Read More...▼