Bitcoin has continued to rise since the beginning of the year, to witness a rise of $ 2581 from the beginning of the year until Thursday's trading, achieving a growth of 36%, according to the Arab accounts. Net.
Bitcoin is expected to continue its gains, ranging from $ 10,000 to $ 11,000, representing a rise of between 38% and 50% since the beginning of the year.
These expectations are based on a previous recovery model for the world's most popular cryptocurrency, according to one analyst who expected a shift in the path of the e-currency.
Rob Sliemer, an analyst at VandStart, believes that the largest increase in bitcoin will take place in the second quarter of this year to reach this level, which represents an increase between 50% and 62% from the bottom reached during the period from June to December 2019. < / p>
Slimmer said in a research note issued on Wednesday, and carried by Bloomberg, Thursday, that Bitcoin is in an upward trend until the end of the year, and this will be followed by a slow price decline.
Slimmer had expected a decline in bitcoin, at the end of June 2019, after reaching its highest level in 2019, after he recommended buying it at the beginning of May last year.
And the price of Bitcoin today, by 16:00 GMT, reached 9787.2 dollars, up by 3.08%. And the price ranged last year between 3339 dollars and 13 thousand and 852 dollars.
