Greetings Bitcoin Talk Users,
As we have already seen the market fluctuation and the price dumped of BTC from $60k to $30k but in the last few days BTC is pumped again and the price crosses $40k. I think if BTC is not targeted again by Whales then the price will cross $50k within this month. What's your opinion?
In recent days the price of bitcoin has increased quite rapidly from prices below $40K now bitcoin has a price of $43K and it looks like the price will continue to rise in the next few days, especially now that institutional interests are driving the attractiveness of bitcoin investment which has continued to occur over the last year and this is very contributed to the rally that occurred in bitcoin during this year, although ethereum and bitcoin have different ecosystems but it seems the hard fork that occurred in ethereum recently also greatly influenced the increase in bitcoin prices and hopefully the market will improve in the future.
My prediction is that bitcoin will break the $50K price by the end of August.