Cryptocurrency experts predict bitcoin’s price in early April

Finbold analysts have used the CoinCodex and CoinPriceForecast platforms to determine the likely price of the flagship cryptocurrency on Easter.

According to CoinCodex, on April 9, BTC $98,393.26 Bitcoin -0.17% Market capitalization $1.95 trillion VOL. 24 hours $2.43 billion will be traded for $ 27,845. This forecast means a drop, as at the time of writing, bitcoin reached $ 28,029. Over the past 24 hours, the token has risen by 3%, and over the past week — by 26.6%.

According to CoinPriceForecast, there is a possibility that bitcoin will reach $ 30,000 and will be trading at $ 33,047 by the end of the year. Mike Novogratz, CEO of Galaxy Digital, is convinced that bitcoin has a chance to return to the $ 30,000 mark or even surpass it by the end of March.

Investors usually view BTC as a risky asset due to the high level of cryptocurrency volatility. However, traditional investors are now interested in bitcoin amid fears of further turmoil in the banking sector. The fact that it is not pegged to the dollar increases the attractiveness of BTC, so its value may rise again in the near future.