More and more analysts believe we will see BTC at $10,000 by end of 2019

20 Apr, 2019 | Updated: 20 Apr, 2019
by Joeri Cant
Bitcoin
More and more analysts believe we will see BTC at $10,000 by end of 2019

This months unexpected Bitcoin pump has revived the crypto market and given life and rise to a new bullish sentiment from all over the cryptoverse. More and more crypto analysts feel that we could indeed see BTC at $10,000 by the end of 2019.

Traditional stock trader turned Bitcoin investor, Anatoly Radchenko, had a sit down with Ivan On Tech’s crypto-focussed Youtube channel, where he said that he agreed with the bullish sentiments by fellow crypto enthusiasts, like the head of Fundstrat Global Advisors, Tom Lee, and billionaire founder of Galaxy Digital,Michael Novogratz.

Radchenko pointed out that more likely than not, Bitcoin had found its long-term floor at $3,150, adding that the bottom could very well be in.

The Russian analyst stated that most likely new highs won’t be on the horizon for Bitcoin this year, neither will there be a 2017-like bull run in the near future. He added that by August, just three months away, Bitcoin might reach $7,000, which is a 30% increase from current levels.

He doesn't rule out that it is possible for BTC to drop down to $5,000 from there, but by the end of the year, he thinks Bitcoin could very well see the $10,000 price mark.

According to the head of Fundstrat Global Advisors, Tom Lee, Bitcoin will top $10,000 before the end of 2019.

Lee has been showing much positive sentiment as of late, including the moment where he called the end of the bear season, telling Bloomberg that bitcoin was 'now in a bull market.'

Max Keiser in the meanwhile, took it one step further when he tweeted to his 221K Twitter followers that Bitcoin's ATH at $28,000 is still in play and that the $100,000 price mark for Bitcoin, his target since 2011, is still on the board as well.

2019 so far has been positive for the crypto markets, and if we can believe these crypto experts, more of that positivity is on the way.

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