Almost every crypto investor expects bitcoin and other cryptocurrencies to rise. In their opinion, the current flat has opened a great opportunity to buy bitcoin at a favorable rate. We decided to gather in one article the opinions of analysts and investors on how bitcoin will behave in the foreseeable future.
Renowned investor Mark Moss believes that now is the best time to buy bitcoin, which is near local lows. At the same time, Moss does not rule out the possibility of a further, small collapse in the price of the first cryptocurrency, because the bear market has not yet ended.
Mark Moss was supported by other crypto investors One of Moss’s subscribers said that bitcoin is trading under the curve, which reflects the average price of assets during 2 years. And this maul opens a great opportunity to buy bitcoins at minimal prices.
The signal to buy cryptocurrency was also noticed by blogger Stockmoney Lizards. He thinks the decline of bitcoin to a cyclical minimum is signaled by two indicators: the average bitcoin price in 200 days (SMA-200) and the RSI indicator.
A similar prediction on bitcoin was given by blogger @el_crypto_prof. He believes that bitcoin is now repeating the patterns of previous years and investors will soon see the long-awaited growth.
Blogger il Capo Of Crypto did not exclude the decrease in bitcoin to $14,000 – one more break of the mark of $20,000 will surely lead bitcoin to this mark. And it can happen as early as November.