Bitcoin price can 'easily' hit $20K in next 4 months — Philip Swift

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Bitcoin price can 'easily' hit $20K in next 4 months — Philip Swift
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The Bitcoin bottom is in, but PositiveCrypto doesn't rule out a return to $20,000 this summer.

Bitcoin is done with its bear market, but the coming months may see a return to $20,000.

Bulls face many obstacles on the road to new all-time highs, he says, with government policy particularly troubling when it comes to potential price suppression. A large number of market participants remain skeptical of this year’s rally and expect a return to $20,000 or worse. To what extent do you agree with them?It is definitely possible as that would just be a -25% move to the downside from current prices. For a volatile asset like Bitcoin that could quite easily play out at some point in the next 3-4 months.

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