Bitcoin growth rate of 60, and other experts’ forecasts

Experts kriptovalyutnoy industry released causes that provoke the growth of Bitcoin course. The basis of forecasts – to analyze the technical features, traceable to its schedule.

 The first related to the increase kriptovalyutnogo asset declared representatives of venture Kenetic Capital Fund Jehan Chu. According to him, the growth rate Bitcoins will reach $ 15 thousand. In the middle of this year.

 In addition, he believes that the conditions for the successful growth of the asset value is panic around the spread of the new virus, as well as the unstable economic situation in the world. All this will contribute to the strengthening of bitcoin. The appreciation of the relevance of the topic also provides a protective status of the asset, which is discussed in more detail in our material.

 Jehan Chu also said that the positive trend of increasing the value of the coin against the backdrop of general excitement already clearly visible, but the peak value of the asset price reaches to the middle of 2020.

 The forecast on long-term growth of the value of the main kriptovalyutnogo asset was supported by another expert – Omkara Godboulom, analyst portal Coindesk.

 However, in the near future, according to experts, may be a reduction value of Bitcoins to $ 8867. If the price falls below the support level, cryptocurrency can not stand that will trigger a further fall to $ 8,500.

 But even the least positive development scenarios coin can keep the uptrend.

 Bitcoin: growth rate – schedule

 The forecast increase in value of the asset backed analysts Sryptopotato. One of them – Yuval Gove, said that there is another factor that will be opposed depreciation – Fibonacci retracement level. Last is 38.2% and is at the level of $ 9075. If the coin bear, the most likely to jerk the price up to $ 9300-9450 and $ 9600.

 Among the negative factors, analysts mentioned the low trading volume of the asset. However, over the past few days and its effect gradually weakened.

 Recall: experts predict that the growth of the main cryptocurrency a positive impact on the cost of other liquid digital assets.

 Read also: What will happen to Bitcoin in 2020: new forecast

 See also: Experts told how to properly invest in cryptocurrency in 2020

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Author: Deepal Bhatnagar

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