What do the crypto community expect from Bitcoin?

We tell you what Bitcoin forecast is given by representatives of the crypto industry.

Bitcoin started the new working week with a sideways movement. On Monday morning, the cryptocurrency immediately touched the level of $52,400, but then corrected to $52,000.

Many members of the crypto community are confident that Bitcoin has a path for further growth. For example, a trader Doctor Profit believesthat BTC is moving towards updating its absolute maximum value. The journey, according to his calculations, could take 5-6 months. Also trader notedthat the new absolute maximum value of Bitcoin, he believes, will be fixed significantly above the level of $100 thousand.

Famous investor and author of the best-selling personal finance book “Rich Dad Poor Dad” Robert Kiyosaki, in turn, shared his opinion about when BTC will reach the psychologically important level of $100 thousand. His Bitcoin forecast implies growth to the designated level by June 2024.

Analyst Stockmoney Lizards also gave a positive forecast for Bitcoin. He noticed for a cryptocurrency to break through an important Fibonacci level. This behavior of the cryptocurrency in previous cycles brought the coin into a phase of active growth. According to the analyst, this time history may repeat itself. The previously mentioned Doctor Profit also sees a cryptocurrency breaking through the Fibonacci level is a signal for further growth.

Many are waiting from BTC storming the $53 thousand level in the near future. According to analyst Michael van de Popp, the cryptocurrency has potential for growth to higher values. His Bitcoin forecast does not exclude a movement to $54-58 thousand, followed by consolidation and correction.