Crypto Analysts Predict Continuous Rise For Bitcoin

• Experts believe that Bitcoin is set to continue its astronomical rise to reach record levels by the end of the year

• Crypto analysts believe that a wider acceptance of the flagship cryptocurrency will be responsible for the rise

• At the time of this report, Bitcoin is trading at $61,000 after reaching an all-time high of $67,000 a few days ago

According to various cryptocurrency experts, the market is set for a period of volatility that could push Bitcoin to greater heights.

The original cryptocurrency briefly reached a new all-time high of $67,000 before falling back to a current level of $61,000.

Experts however believe that the flagship cryptocurrency is far from done for the year.

Although historical data may suggest that the market is susceptible to a major price correction, there are still calls that BTC could touch $100,000 before the year’s end.

According to John Karony CEO of meme cryptocurrency safemoon, the current value of bitcoin has put a spotlight on the cryptocurrency industry.

The market is now easier to access which could set the precedent for a continuous rise.

“Everyone is now able to access cryptocurrency in just a few clicks from their phones. It’s no longer something that is just talked about online”.

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His views were also echoed by Edan Yago of the Bitcoin DeFi protocol Sovryn.

Yago believes that the currency value of BTC is only a fraction of what it is capable of.

“An entire borderless economy will be powered by sound money – an economy far larger than our current global economy. Why? BTC finally brings property rights and economic access to billions of people.”

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