Cryptocurrency experts predicted the value of bitcoin as of December 31

According to the Bitcoin Rainbow price chart, which is used to determine the possible dynamics of bitcoin’s value, the flagship cryptocurrency has a chance to rise to $ 25,000 by the end of 2022.

Some analysts share the same opinion, emphasizing that the Bitcoin Rainbow indicators demonstrate that the current crypto winter has reached the bottom. Investors can expect further growth in the value of leading digital assets, experts believe. However, members of the cryptocurrency community are less optimistic in their forecasts. Thus, 12,953 users of CoinMarketCap concluded that bitcoin will be trading for $ 21,237 on December 31, 2022.

At the time of writing, the value of BTC is $ 20,788, which is several percent higher than the last 7 days. It is worth noting that Michael van de Poppe, the founder of Eight trading company, is convinced that bitcoin will rise to $ 30,000 in November. According to the expert, bitcoin has been consolidating around $ 20,000 for a long time, so we can expect growth in the near future. «Within two to three weeks, bitcoin will break through several levels. I think we will reach $ 30,000 ,» Michael van de Poppe emphasized.