In the past month, Bitcoin was fixed at 6.5—7 thousand dollars, and on the weekend it passed the resistance level of 7.2 thousand dollars. Based on these successes coins Foundstrat founder Tom Lee and the head of RT Max Keiser confirmed its forecasts for growth the first cryptocurrency to 20 thousand dollars and above in the short or medium term. About the famous cryptocurrency optimists writes .
According to Keyser, the price of Bitcoin in 28 thousand dollars by the end of the year is still quite a likely scenario. Cause growth the first cryptocurrency analyst called the arrival on the market of institutional investors that already have a robust solution for storing money.
theWhether it adheres to the same position — according to him, the stock market has recently seen significant progress due to the arrival of institutional investors. However, while they prefer to conduct transactions outside of the exchanges, he added.
In an interview with Forbes, the founder of the Acadamie Jonathan Hamel said earlier that the refusal to accept the ten proposed SEC ETF over the past two months does not really matter for the market. According to him, now largest stock exchange by type of Coinbase and Bakkt invest a lot of money in the creation of tools for institutional investors. It's a far more promising direction than the ETF.
I do not think that the decisions of the SEC in the ETF market. Infrastructure for institutional investors only now being created, and the development of financial instruments for Bitcoin is inevitable.
In July Whether it has lowered the forecast on the exchange rate of Bitcoin from 25 to 22 thousand dollars by the end of the year. According to him, to achieve this increased rate of coins should equal the production cost. Not a bad figure, so wait at least.
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