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In January of next year, it was predicted that Bitcoin (BTC, market cap) will rise to more than $48,000.
According to the Cryptocurrency Media Daily on the 29th (local time), Peter Brandt, a veteran US cryptocurrency trader who predicted a bearish cryptocurrency market in 2018, said, “Bitcoin may experience one major correction amid the rising trend Yes, but this adjustment does not mean a long-term bear market,” he analyzed.
In addition, renowned cryptocurrency analyst Alex Krüger said, “The short-term trend of bitcoin will be between $30,000 and $36,000. In a much faster time than expected, global institutional investors and large Wall Street institutions will And will join the cryptocurrency market in large numbers.”
He said, “If you put off the procurement rate (if the leverage ratio does not change only extremely) and the indicators of uncontracted agreements, the upside potential of Bitcoin next year is sufficient. The procession will follow,” he added.
In particular, Max Keizer, an anchor of’Russia Today’ and a famous BTC bullist, predicted through Twitter that “Bitcoin will rise to $35,000 in the short term, based on the hash rate adjustment.
Meanwhile, Nigel Green, CEO of deVere Group, a global financial consulting firm, said that as bitcoin prices soared, they sold half of their holdings to make a profit.
“It is better to sell bitcoin at the highest possible price and then buy it from the bottom,” he said. “The long-term upside prospect for bitcoin is solid.” It was not revealed at what price point he sold.