How will US policy affect the value of the first cryptocurrency, what it will be at the end of 2020, and the risk of the second wave of COVID-19.
The lull in the cryptocurrency market lasts for more than two months. Bitcoin costs about $ 9,000, and asset volatility is at an annual low. This means that at some point, there may be a boom, and the asset price will either fall or close. Eight experts gave a forecast for the coin's value and answered the main questions: when does the flat end, how low can the BTC price, how high can it rise, and what will happen later this year.
I would not be surprised if the bitcoin exchange rate rises to $ 6000
For almost 2 months, bitcoin prices have been in the range of $ 10,000–9,000. We can say that the market is going strong, and we should expect the upward trend to continue. But at the same time, there are some doubts. What if buyers fail to break the $ 10,000 milestone? At the moment, we do not see active buyers and there are not particularly good reasons why they appear. I wouldn't be surprised if the price breaks $ 9000, and we'll see $ 6000 downstream.
For upward movement, if the value is successful and the value is returned to the $ 10,000 level, the immediate target should be $ 12,000 and $ 14,000. It is difficult to predict what the price will be at the end of this year. This will depend on the direction of exit from the consolidation.
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