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Reuters
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Experts believe that the ‘Bitcoin’ currency will replace its rapid growth with a sudden decline, and this comes at a time when the world’s most famous digital currency is setting records almost every day.
Mikhail Belyev, an expert at the Russian Institute for Strategic Studies, believes that the digital currency will decline suddenly and quickly. He said, “Once the currency’s growth is over, which cannot continue indefinitely, investors will turn to profit taking, even if there is no reporting or news. Further support for growth will cause the currency to fall quickly and suddenly. “
The price of the currency “Bitcoin” has increased over the last month by 66% due to the interest of some large companies in this currency, notably the company “Tesla” of the famous American businessman Elon Musk.
During today’s trading, Bitcoin was trading in a range of $ 57,000 which is a historic high.
Source: Novosti
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