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HomeCryptocurrency NewsBitcoin NewsDon't expect much from Bitcoin next month

Don’t expect much from Bitcoin next month

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While there are high expectations on Bitcoin by the end of 2019 and that bitcoin will rise in price to $ 20,000, the current situation is not that shiny. According to the economy forecast agency 30 RATES we should not expect the price of bitcoin to go up for the next month.

Here’s their Bitcoin price prediction:

Bitcoin Price Prediction By Day

Date Weekday Min Max Price
05/21 Monday $7674 $8830 $8252
05/22 Tuesday $7845 $9025 $8435
05/23 Wednesday $7587 $8729 $8158
05/24 Thursday $7463 $8587 $8025
05/25 Friday $7298 $8396 $7847
05/28 Monday $7267 $8361 $7814
05/29 Tuesday $7461 $8585 $8023
05/30 Wednesday $7517 $8649 $8083
05/31 Thursday $7008 $8062 $7535
06/01 Friday $6789 $7811 $7300
06/04 Monday $6881 $7917 $7399
06/05 Tuesday $6749 $7765 $7257
06/06 Wednesday $6565 $7553 $7059
06/07 Thursday $6428 $7396 $6912
06/08 Friday $6524 $7506 $7015
06/11 Monday $6494 $7472 $6983
06/12 Tuesday $6855 $7887 $7371
06/13 Wednesday $6972 $8022 $7497
06/14 Thursday $6843 $7873 $7358
06/15 Friday $6728 $7740 $7234
06/18 Monday $6768 $7786 $7277
06/19 Tuesday $7080 $8146 $7613
06/20 Wednesday $6811 $7837 $7324
06/21 Thursday $7131 $8205 $7668

 

We can find same predictions made by Coin Price Forecast Center.

It turns out to be bad times for Bitcoin. But nevertheless, in long-term, lots of specialists agree in one thing – it will become the digital gold rather than the cryptocurrency to be used on daily basis. This means the price will definitely go up in the long run.

Update:

By the time this article was started, BTC to USD was traded at around 8300. By the end – 8490 so it seems that most predictions of the price are very blurry, especially in the long-term.

chart from tradingview.com

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