Analysts of the Kraken cryptocurrency exchange have presented a new monthly report, in which they predict the growth of bitcoin to $ 90,000 after some correction.
March turned out to be very successful for the leading cryptocurrencies – bitcoin and ether set new historical records, while the BTC rate for March increased by 30%. This is the sixth consecutive bullish month for the first cryptocurrency. Such a protracted rise was recorded only in 2012-2013, when bitcoin grew for seven months in a row.
Analysts expect bitcoin to continue to rise in April as well, as historically it has been a very good month for BTC. In past years, in April, the bitcoin rate grew by an average of 51%. If this trend continues, then this month bitcoin may reach $ 90,000. Although analysts emphasize that a correction is quite possible and the bitcoin rate may fall by $ 10,000 or $ 15,000.
As for the broadcast, then analysts are even more positive. This year, they expect the ETH rate to rise by 700%, to $ 15,200. If they are right, the capitalization of the second cryptocurrency will reach $ 1.7 trillion. However, here, too, a correction to $ 1,500 is possible in the coming weeks.
Note that over the weekend, the rate of the first cryptocurrency returned to $ 61,000. According to analysts from Bloomberg, bitcoin may reach $ 400,000 this year.