2021-07-08 18:12:31
What future awaits Bitcoin this summer
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Until recently, all investors and traders made big bets on bitcoin and watched the daily growth, but over the past few months the situation has become as unstable as possible.
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If we analyze the growth of bitcoin from December 2020 to April 2021, we can safely say that the largest digital asset grew by 229%.
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In April, the maximum price was fixed at $64,300 At the moment, the price of bitcoin is $34,800 and we should not expect a rise in the near future, since the hashrate of the most popular cryptocurrency has decreased by more than 50%.
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The situation in China has greatly affected the price of bitcoin, and many experts say that the relocation of miners will take at least several months. Therefore, we can see a positive trend only in the beginning of fall.
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At this stage, it is very difficult to make forecasts, since the situation is changing more rapidly every day. More and more countries have begun to scale and “give the green light” to a digital asset in their regions, but on the other hand, do not forget about the influence of Elon Musk, the largest influencer on the market.
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More recently, he published a tweet about “dirty mining”, which also affected the exchange rate, and perhaps tomorrow he will put bitcoin on a pedestal again, and we will see a sharp jump in price.
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Definitely, the rise should be expected in 2024 before the halving of bitcoin, but for now we recommend not to take hasty actions.
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