Since a few months ago, a lot of people have been having discussions about the price of Bitcoin whether it will reach the price of $50K. Precisely today, the Cryptocurrency market seems to answer the analysis of many people about the price of Bitcoin that today Bitcoin has reached $50K. Will the price last until the end of the year or will the price of Bitcoin go back down.
It is a good question. My answer is that Bitcoin price will not maintain over $50k till the end of the year. And it has even come down below $50k. There is a serious price correction lately and it has fallen back to $46k. I think that the price will have similar movements during September also. After that I expect to see Bitcoin entering a bull market. Then, it would continue to have ups and downs until reaching $100k before the end of this year. Maybe I'm dreaming a very difficult thing. But everything can happen when it comes to Bitcoin.