Bitcoin (BTC) for 61 thousand dollars. What’s next?
The first cryptocurrency has renewed its own value record. Now you can buy one digital gold coin at a price starting from 61 thousand dollars. Is it a good time to conduct such deals? What’s in store for the first cryptocurrency in the future? We will look at the prospects for Bitcoin (BTC) and consider various scenarios with their percentage probability. So let’s get started.
First, you should outline the context of the upcoming discussion. Not so long ago, Bitcoin (BTC) began to grow rapidly. Let’s remind that earlier the coin was fixed at the level of 55 thousand dollars and only gradually gained additional value. However, literally today there was a phenomenal price tag rise. The course literally skyrocketed. Thus, the daily increase in the value of BTC was 6.7%. At the time of writing, the cost of one Bitcoin was $ 61,381. This is the peak price indicator. Historical maximum. Against the background of the rise in value, users of the cryptoindustry have become more active. Trading volumes rose sharply across all sites. Traders received commands to distribute assets profitably, thanks to which the value of the remaining digital settlement tools also increased significantly.
For example, ETH has risen to $ 1,935. It is also a great metric for digital silver. Note that the market leaders, despite such rapid growth, have not changed. These are still BTC, ETH, BNB, Tether and Polkadot. Nevertheless, skeptics have already managed to assess current events in their own way and predicted an early fall in Bitcoin. How likely is this scenario?
Could Bitcoin (BTC) fall in value?
Of course. No asset, classic or digital, can grow continuously. Sooner or later, there must be a cost adjustment. One way or another, but the current market situation suggests that Bitcoin will easily pass all resistance levels and will be able to develop steadily, to the delight of its own owners. It cannot be ruled out that the price tag will fall in the near future, but, most likely, we will not see a serious collapse in value for a long time. So you can safely work with the first cryptocurrency. And, if necessary, sell surplus assets. But, of course, you can always wait for a better moment. Remember also that a drop in value is a great opportunity to buy digital assets and is not at all a reason to panic.
What if Bitcoin (BTC) starts to rise above 61 thousand?
The rise in the price tag is much more likely. Still, there have been too many authoritative personalities in support of Bitcoin lately. Take, for example, Elon Musk, who single-handedly raised the cost of digital gold and continues to publicly speak out in support of cryptocurrencies. According to the billionaire, BTC may well reach the $ 100,000 mark in the near future. Of course, this is an overly optimistic forecast. At least for the near future. But we are also sure that Bitcoin is just at the start of its exciting journey and will please its owners more than once. You just need to wait a little and draw the right conclusions from the current situation. Do not rush to sell your savings, because, quite possibly, in the wake of the rise, Bitcoin will be able to demonstrate a more pleasant price tag.
The main thing is to stay abreast of the latest developments in the cryptoindustry. To be the first to know about all the news of the world of Blockchain and high technologies, follow the news with us. We publish only high-quality, interesting material. Thanks for attention. Good luck!