Luno Exchange Manager Shared His Bitcoin Forecast

Luno exchange manager shared his Bitcoin forecast. Vijay Ayyar stated that Bitcoin can rise to $ 85,000.

Vijay Ayyar, Asia-Pacific region manager of Luno exchange, commented to Bloomberg that the largest cryptocurrency can reach a price of $ 85,000 if it manages to hold above $ 50 thousand in the short term. Bloomberg also shared a graphic from the website on the subject, and with the reverse shoulder-head-shoulder model shown, it was shown that BTC could go up to the level of 79 thousand dollars.

McGlone Expects $100,000

Bloomberg's well-known strategist Mike McGlone is also among those who have long predicted $100,000 for the end of the year. McGlone said that even in the summer, when Bitcoin fell to $ 30 thousand, the probability of the largest cryptocurrency to rise to $ 100 thousand was much more than the probability of falling to $ 20 thousand. In his tweet about Bitcoin yesterday, McGlone noted that the largest cryptocurrency could enter an unprecedented stage in the 4th quarter due to the danger of debt and trust in the Bitcoin system.