Bitcoin will rise to 6 thousand dollars. The forecast of the trader

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2019-03-20 20:00:08

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Bitcoin will rise to 6 thousand dollars. The forecast of the trader Source:

The Cryptocurrency markets are showing signs of recovery after several months of stagnation. again break above $ 4,000. However, according to renowned trader, analyst and a leading YouTube channel Tony Weiss, the dominant cryptocurrency could break the mark and at $ 6000. Bitcoin for quite a long time fluttered in the range of 3-4 thousand dollars after a rapid decline from a historical high of 20 thousand. Now analysts argue that the coin can break above 4200 dollars and in the near future to show the new local highs.

As stated by Tony Weiss, BTC if probet this point, then we almost immediately see growth at a thousand points. However, according to him, this will end the short-term bull market.

I think we may see a rise to 5 or even 6 thousand dollars. After that, we still have a peak of up to 3 million.

Tony even spoke about their willingness to sell some of their bitcoins somewhere around 5-6 thousand dollars. He doesn't believe in the end of the bear market and expects significant price fluctuations as long as Bitcoin does not break out above 10 thousand.

the

Bitcoin can be a substitute for gold

Behind the recent growth rates of a few supporters of the cryptocurrency began to predict further growth in the near future. Moreover, they genuinely believe that Bitcoin in the role of leading a store of value. So said General Director of the Block.One Is Brendan Blumer.

As he tweeted, Bitcoin will replace gold by 2040. A Blumer was sure that even scalability will not be an obstacle to the accomplishment of the goal. However, this goes against a common view of cryptoexpert, according to which growth is first necessary to overcome the problems of blockchain.

The More data you look at . The current rate of coins can be found in our classroom .

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