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Bitcoin Price Prediction: BTC/USD Next Target $7,000!

Bitcoin (BTC) was created by a mysterious figure Satoshi Nakamoto,  BTC was designed to allow users to store and transfer value without resorting to intermediaries or centralized institutions such as banks.

Since its creation in 2009, Bitcoin has been very popular and was praised for its potential to compete with VISA as a global payment option. However, several years later, Bitcoin was scrutinized because the limited capacity of its network became evident, while transaction fees climbed to nearly $ 40 during the December month’s rise. This scrutiny took place with the SegWit (Segregated Witness) network upgrade, which was activated on August 23, 2017, and significantly improved Bitcoin blockchain’s capacity and position against competing for high-speed technologies.

BTC/USD Bullish Price Prediction by Twitterati’s

 After a short break, Bitcoin decided to take a few steps forward to reach a new level of resistance. What is the chance for BTC to reach new price levels?

Let’s Take a Sneak Peak into Twitter Bitcoin Price Forecast and their short term outlook on Bitcoin Price –

The Bitcoin price forecast by Twitter Users including Analyst and traders are Bullish. There are many positive forecasts that BTC will reach new heights in the near future:

BTC/USD Price to break the resistance level at $5600

The CoindeskMarkets indicate a strong Bullish trend

Bitcoin’s Next Target $6000, probably the hardest one

Positive Waves within the Crypto Universe

About Steve Anderrson

Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic

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