Bitcoin (BTC) on the night of Tuesday, August 17, fell in price to $ 46,000. Cryptocurrency capitalization fell by almost 2% to $ 865.777 billion.
There is an opinion among experts that even if in the coming days we see a spurt of BTC above $ 50,000, the coin will still not be able to stay at this psychological mark.
Pressure from regulators can at any time provoke an outflow of capital from the cryptosphere, which will cause a correction of both Bitcoin and the market as a whole.
According to the founder of Kenetic Capital, Jihan Chu, states will continue to tighten control over the industry. Such a policy of regulators will "clip the wings" of the market, the expert stressed.
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We can see the price soar up to $ 55,000 per coin, but the risks of a subsequent fall are still strong. In 2022, BTC will rise in price to approximately $ 100,000, but before that, we will again experience a collapse below $ 30,000, said the founder of Kenetic Capital.
However, there are quite a few optimists in the expert community. For example, Vijay Aiyar, representing the Luno crypto exchange, believes that the accumulation will continue. Such activity of traders reached its peak values when bitcoin traded in the range from $ 29,000 to $ 30,000.
According to the forecasts of this analyst, as soon as the resistance in the region of $ 48,000 is overcome, bitcoin will not only hold on to the conquered positions but will also continue to move along an upward trajectory.