Even though the value of the main digital asset, BTC, is still below $ 50,000, many analysts see the future of the cryptocurrency market as quite promising. For example, the well-known analyst PlanB noted in his recent statement that the $ 47,000 mark is just the beginning of the Bitcoin rally.
PlanB, which itself almost lost its investment when the price of BTC fell to $ 29,000, continues to believe in its promising future.
“After the correction of the value of military-technical cooperation in August, it will continue to grow slightly in each subsequent month. I am more than confident that bitcoin will be able to reach $ 135,000 by the end of the year, ”the analyst said.
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The man added that the active development of mining products has a positive effect on the growth of cryptocurrencies.