[비즈니스포스트] There were predictions that the price of Bitcoin could rise to the $80,000 level and continue its all-time high.
When comprehensively judging various recent market indicators, it is difficult to find evidence that investor selling will occur again.
▲ Research organizations predict that the price of Bitcoin could rise to more than $80,000. Bitcoin graphic image. <연합뉴스>
On the 27th, investment magazine Market Insider cited an analysis by research firm Fairlead Strategy and reported, “The current Bitcoin price uptrend is expected to ensure sustainability for several months.”
Fairlead said that the Bitcoin price adjustment that has lasted for about two weeks appears to have ended and there is plenty of room for upside in the future.
There was also a forecast that if the price of Bitcoin rises beyond about $73,700, which is the price resistance line, it will continue to rise to $80,000.
Currently, the price of Bitcoin is trading at around $70,590 on major exchanges.
Fairlead evaluated that it is positive that the price of Bitcoin has maintained the support level stable in the mid-range of $ 60,000 despite the recent downward trend.
The analysis continued that other indicators appearing in the virtual currency market also point to the possibility of price increases.
Fairlead said, “Currently there is no evidence to suggest that selling investors will return to the market,” and predicted, “The upward trend may continue for now.” Reporter Kim Yong-won
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