27/08/19 13:09 UTC-4

"There is only a 7% chance that BTC will reach $20000 by the end of the year," said Scew analyst

The last time bitcoin cost $20000 at the end of 2018. After that, a protracted collapse began, and now BTC is tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details
around $10000. Scew analyst is 93% sure that this year’s hike to $20000 will not happen again.

 

Scew analyst: BTC is unlikely to rise in price to $20000

An analyst known by the Scew pseudonym is confident that there is only a 7% chance that bitcoin will rise in price to $20000 by the end of this year. He wrote about this in his Twitter account.

According to him, October will be the "most interesting" month this year. After all, then the US Securities and Stock Exchange Commission should approve or refuse to create two bitcoin ETFs.

Interesting in the section: With the CEX.IO app, Bitcoin is in your pocket

 

Editor: Yuliya Soroka

See also: ""Satoshi Nakamoto" agreed to return $5 billion in BTC to his partner"

#BTC #Bitcoin #Price #BullMarket #SEC #BitcoinETF

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