Bitcoin price will rise to $8250
Bitcoin began to rise again after falling at the end of last month. Now the coin costs $8089. The daily up was 0.73%. By the end of the week, its value will rise to $8250. This forecast is given by analysts.
The price of the coin hit the rising channel. A bearish trend should get the support of traders so that the price rises daily. However, if there is no support, the cryptocurrency rate may drop to $7850.
The increase in the cost of bitcoin positively affected the cryptocurrency market. Altcoins returned to the green zone. The total cryptocurrency market capitalization amounted to $220 billion.
We already wrote about the fact that many analysts said that Bitcoin will go up in price. For example, Tommy Lee predicts the Bitcoin rate will rise to $ 40,000.