Bitcoin may grow by 20% in the near future

Crypto analyst Inmortal has predicted a 20% increase in the value of bitcoin in the near future. According to the expert, the next 3−4 days are critical for further developments with the value of the flagship cryptocurrency: during this period, it will become known whether BTC will continue to rise or whether its value will fall again.

According to the analyst, bitcoin will reach $ 30,000, but such a surge will not be long-term and will not lead to the beginning of a bull cycle. Inmortal is convinced that the cryptocurrency winter will last all summer, and then a period of consolidation will begin. At the time of writing, BTC is trading at $ 22,662, down more than 4% on the day.

Yesterday, the value of bitcoin rose by more than 7% per day, trading for $ 23,749, bringing the entire crypto market to a capitalization of $ 1.11 trillion.