Possible Levels Bitcoin Will See According to Citibank
According to a table, which is claimed to be shared by the global banking giant Citibank, Bitcoin prices may rise up to $ 120,000 in the coming years. Here are the possible levels Bitcoin will see, according to Citibank.
Bitcoin prices could reach $ 120,000 in the coming years, according to a chart allegedly shared by Citibank. First of all, the image shared by Alistair Milne with Altana Digital Currency CIO and which has not been proven yet, depicts the 2.5-year bull run of Bitcoin. However, the shared chart highlights the potential of the leading cryptocurrency Bitcoin to exceed the $ 19,500 level by 2021.
Bitcoin Will See These Levels Step By Step
A Bitcoin chart, allegedly prepared by Citibank, expects the most valuable cryptocurrency to exceed $ 120,000. The chart shared by Alistair Milne, the chief investment officer of Altana Digital Currency, known primarily as a Monaco-based crypto fund, shows BTC / USD in the long-term logarithmic uptrend. According to the shared image, Bitcoin is likely to see the $ 10,500- $ 10,820 level as resistance, and it is likely to be at the highest level of repeating the bull movement at the same time.
According to the chart’s conclusion, Bitcoin will first target $ 13,850, then it will continue to rise up to $ 19,500 by 2021. Then the leading cryptocurrency will see $ 120,000.
Images allegedly belonging to the global banking giant Citibank show the levels that will be seen gradually by Bitcoin. Alistair Milne, chief investment officer of Altana Digital Currency, argues that strategists at Citibank offer their customers Bitcoin service through “DeskTalk”.
Bitcoin Statement by Bobble Lee
Claims that Citibank is closely related to the leading cryptocurrency are in the midst of growing demand for BTC. The BTC / USD pair has been on the rise since last week, and Bitcoin has recently surpassed $ 11,400. Bobble Lee, the founder and CEO of Ballet, known as the crypto wallet, said that BTC, which rivaled hedging assets, would make a sharp rise in the rest of 2020. Bobble Lee said the following in his statement on the subject:
“I expect BTC to rise to $ 20,000, the all-time high in 2017 soon.”
Kyle Bass, chief investment officer of Texas Hayman Capital Management, also made assessments regarding the rise of BTC. He underlined that the high amount of money pressure that is going on worldwide will increase the prices of silver, gold and Bitcoin even more.