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Following Recent Correction, Bitcoin Price Could Still Reach $4000  Gautham

14 hours ago

Bitcoin, the popular cryptocurrency recently underwent a price correction, losing as much as $400 overnight. The sudden drop, following a steady, rapid increase in its price to record levels was considered as the end of Bitcoin’s bull run for a while. However, analysts believe that the development is just a minor setback which will be overcome in no time.

Few investors believe that the cryptocurrency is just getting started and Bitcoin price is expected to rise again, hitting the $4000 mark by the end of this year. A leading financial news outlet has reported an analysis made by a seasoned investor, Daniel Masters — the Chairman of XBT Provider, a company that offers a “Bitcoin tracker” that can be exchanged and traded on Stockholm’s Nasdaq .....

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