RACIB does not exclude an increase in the price of bitcoin to $ 100,000 by the fall

The Russian Association of Cryptoindustry and Blockchain (RAKIB) is optimistic about the future prospects of bitcoin (BTC).

According to the head of this organization, Yuri Pripachkin, BTC will strengthen until the end of this year. Yesterday’s fall to $ 50,000 was expected.

At first, many important events took place in the market that provoked a soaring in the price of bitcoin. After that, the negative returned, which led to such a massive rollback.

However, soon we will see the resumption of growth in the value of bitcoin, predicts Pripachkin. Moreover, he does not exclude a scenario in which the largest digital currency will approach $ 100,000 by the fall of 2021.

The head of RAKIB, in an interview with journalists of the RT TV channel, noted:

 

Follow him [падением цены] growth will certainly follow in the foreseeable future.

 

In February, Yuri Pripachkin also announced that the strengthening of the BTC rate would continue. In his opinion, a lot of free money appeared on the market during the pandemic, and people began to send it to buy cryptocurrency.

Bitcoin is traditionally the most popular among crypto traders.

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