Cryptocurrency is gaining attention from investors and traders around the world, particularly Bitcoin (BTC). Despite a drop in the psychologialy important price of $30,000 which it was slowly trying to accend to in the last few weeks, certain indicators appear to show signs of an up-trend. Recently an analysis made by a pseudonymous cryptocurrency market expert, known as Seth on Twitter, suggests that on the long-term it could reach as high as $250,000 by 2025.

At the time of writing, Bitcoin was trading at $27,988. It has seen a decrease of 1.94% of that day and 1.79% in the previous month, however in the last week of the cryptocurrency there has been an increase of 1.73%.

Seth not only suggested an uptrend to follow but also cautioned that this upward momentum would not be consistent but rather more a gradual trend. This analysis was further corroborated when Trader Tardigrade, another well known analyst in the crypto market, commented that Bitcoin would take off after leaving the one-week Gaussian channel.

The overall opinion of the cryptocurrency market experts comes to a consensus that Bitcoin will increase in value in the next couple of years, with a Finder panel of 32 specialists projecting a $99,781 price tag by 2025.

However it is important to note that despite the bullish predictions of the experts, investors should exercise caution when investing in the cryptocurrency market, as the capital is always at risk.



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