According to the famous crypto trader Tony Weiss, in a short time the top digital currency will start to grow upwards. Note that since last month Bitcoin has been trading in the “corridor” from 3.7 to 4 thousand dollars. It is known that many investors positively perceived a short-term bullish rally of up to $ 4,000. Weiss is confident that the first cryptocurrency can grow 1-2 thousand dollars, but for this he needs to reach the level of 4200 dollars. At the same time, by the end of this year, BTC will reach a peak price of 10 thousand dollars.
After analyzing the ratio of short / long positions, we can say that there are great prospects for the growth of top cryptocurrency in the coming days (by 25-50%).
Analysts at Skew Markets predict that BTC growth of up to 10 thousand dollars by the beginning of this fall is only possible at 4.6%. It is much more likely that the top cryptocurrency will rise to the level of 6 thousand dollars.
Financial expert Alex Kuptskevich believes that the current dynamics of the crypto market is very stable. In his opinion, one should not expect sharp price fluctuations, which were observed in the previous two years.
