Bitcoin Reaches a Crucial Phase

[Senin]

I think the price of bitcoin will go up.  But it is unlikely to increase towards the end of this year.  Because a month ago, the price of Bitcoin was 12,305 $ in the middle of the price of the coin dropped to 10,264 $ and the current price has risen to 10,970 $ .  But I don't think the price of bitcoin will cross 12000 $ this year.  But the burden is likely to cross 15000 $ by mid-2021.  By the end of 2021, it could reach 18,000 $ or 20,000 $ .

Although now we see a general drop in the cryptocurrency market, however, before the last quarter of the year, this is even necessary for further market growth. By the end of this year, the price of bitcoin is expected to rise much more than $ 12,000. The expectation of growth in the cryptocurrency market is still significant. I think that by the end of this year, the price of bitcoin will be in the range of 15,000 - 18,000 dollars.

This is very optimistic. Now there are a lot of projects that are dragging on the seed capitalization, because of this, it is increasingly difficult for bitcoin to show growth. But it is also an indicator of market sentiment.

It seems that this is indeed the case. It is becoming more and more difficult for Bitcoin to rise in value, because new projects appear on the cryptocurrency market that draw on investments that could previously have been intended for Bitcoin. Now this can primarily be said about DeFi projects, in which investors have already invested tens of billions of dollars. I see only positive aspects in this. The cryptocurrency market develops and develops in many ways.

[labonikhatun]

I think bitcoin will develop in the market very soon the demand for bitcoin investors in crypto is increasing a lot as the crypto market is rising and making it easier to transact through blockchain technology which helps to increase the value of currencies. Pump dumps will continue in the crypto market but it is possible to make a lot of profit if the prices of currencies increase.

[jakasantosa]

Bitcoin recently reached close to $11000 but failed to attain the levels above it.BTC is currently swinging in a narrow range between $10700 to $10800. Also the  ongoing trend foretells either the digital asset may pump above $11000 or decline below $10600 levels.Will BTC Price Surge or Decline?

For now I still doubt if it says bitcoin will decline. by looking at the day by day development of bitcoin the trend is still in a decline position even though there are times when it surge but it can't get past $ 11,000. My opinion is that the price may not change much from the current price.

[Tanimariya]

The price of Bitcoin fluctuates every year and the price of Bitcoin fluctuates at every moment of the year. So I think there is no reason for investors and users to be disappointed with the price reduction of Bitcoin. Because this year the price will go back to the previous position I think. Be able to create a good position. This year I'm hoping for $15k. What do you think?