Well-known analyst and trader Ton Weiss believes that Bitcoin will not have time to overcome the coveted $100,000 by the end of 2021.
The price of military-technical cooperation has little chance of soaring so quickly, but the first quarter of 2022 is the real timeframe for achieving a new record, according to the analyst.
At the same time, Weiss believes that Bitcoin is still continuing its correction and the price may slide below the 50-day moving average. But this may be followed by a breakthrough.
If BTC can return to this moving quickly and on a daily scale... I would expect a sharp breakout of the first cryptocurrency.
Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies
You May Also Like
Snowden: Bitcoin is getting stronger despite government actions
Edward Snowden once again confirmed his idea that governments will not be able to ban or control cryptocurrencies.
PlanB: Bitcoin could fall to $30,000 by December
One of the most famous Bitcoin analysts voiced two possible models of Bitcoin price behavior in the coming months.
