Top Analysts Lay Out Compelling Case for $12K Bitcoin Within a Month

[SRShanuka2020]

Top Analysts Lay Out Compelling Case for $12K Bitcoin Within a Month

The price of Bitcoin (BTC) could rise to as high as $12,000 within the next month, some traders say. Predictions for an extended uptrend emerged as the dominant cryptocurrency steadied amid declining volatility for about five days.

Historically, Bitcoin tends to see large price movements following a long period of stability. For over 100 hours, the price of Bitcoin remained in a 2% range, which is an abnormally low level of volatility for BTC.

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[Alter]

It is always interesting to know that there is a potential for Bitcoin prices to achieve another bigger rate. $12K is really possible to reach within a month but we need to see the price pass $10k firstly. If it can be passed in the early of this month, then $12K possible to achieve.

[debra]

I don't expect much in Bitcoin price to go $12K Bitcoin within a month. I think it is still very speculative. Analysts only can predict and many predictions aren't true in reality. I prefer to predict with my own way that is more reasonable.

[Noverteno]

June is almost ending, but at the price of bitcoin it is not clear that he is going to reach a price of $ 12,000 soon. Yesterday morning, the price of bitcoin was $ 9,659, and today it fell to $ 9,108, although it began to rise again throughout the day. Of course, this does not exclude the possibility that Bitcoin in the future will not be able to increase sharply in price. All the same, we are waiting for its good price growth.

[Cryptoz]

June is almost ending, but at the price of bitcoin it is not clear that he is going to reach a price of $ 12,000 soon.

Yep, June almost ends but we don't see that the price will go up to $12,000. I doubt that the analyst fails in the prediction. It didn't happen in a month but may take 2 or more months. This is one of the examples why we don't trust 100% to analysts or even experts saying.