Will Bitcoin exceed 300.000$?

Where can bitcoin go? Definitely much higher than what we imagine. In recent months we have seen a gradual rise of bitcoin and this is a very important element because if the rise was sharp it could have been a sharp fall. Also, the growing involvement of the blockchain and cryptocurrency companies and ordinary people shows where the market is leading. Now I want to refer to an article I read and I was very surprised. This article refers to a report by a Citibank analyst named Tom Fitzpatrick, and what does it say? He says bitcoin will be the gold of the 21st century. The awesome thing is that he predicts bitcoin by December 2021 will reach 318.000 dollars !

According to his analysis he sees a symmetry in the course of his price. So far, three major uptrends have been formed which increase in duration. The first period lasted 10 months and started in 2010. The second period was from 2011-2013 and the third from 2015-2017 and there was always a constant correction in the elongation that existed in the ascent period. The nice point of the analysis is that according to his research we are in the fourth period which will reach the end of 2022 and the price of bitcoin will reach the awesome price of 318,000 dollars and he believes it !!

The predictions are definitely not always correct but bitcoin will definitely reach a price we can not imagine !! The markets show that the age of cryptocurrencies is coming and so do financial analysts of big houses. In fact, they say that 2021 will be the year of cryptocurrencies !! We are close and we will see, patience!!

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