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Bitcoin: Analysts expect extreme scenarios




Everything seems possible again on the crypto markets: After Bitcoin’s recent rise, top analysts are expecting massive price increases. A value doubling by the end of the year – for many even an estimate that is too conservative. But what about the optimistic Bitcoin forecasts – and how serious are they? An inventory.

The euphoria surrounding Bitcoin is currently great, analysts are expecting an extreme price increase in the next few months.  What is really about course optimism?  Photo: panthermedia.net/necro79

The euphoria surrounding Bitcoin is currently great, analysts are expecting an extreme price increase in the next few months. What is really about course optimism?

Photo: panthermedia.net/necro79

For Bitcoin The last few months and the associated bull run were simply historic: Right at the beginning of the year, the price gained massive momentum, exploding from $ 29,374 within 18 weeks to the previous all-time high of $ 64,863.

Then the horror crash in May: Bitcoin wiped out 50% of its profits, and at times even fell below $ 30,000. Grave mood in the industry. In the meantime, however, BTC was able to grow strongly and is again listed “in the green” at currently $ 47,000.


Hasan Sheikh
Hasan, who loves technology and games, is studying Computer Engineering at Delhi JNU. He has been writing technology news since 2016.
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