Solembit experts explained why it is incorrect to call the market situation a «bubble» and when there will be capital outflow from cryptoassets
Bitcoin is now in a bullish trend, thanks to which the cryptocurrency managed to grow in price by 156.3% over the past three months. The co-founder and former CEO of cryptocurrency exchange Solembit, that the current uptrend will bring the value of the main digital coin to $300 thousand, and then the «bubble will burst» and quotations will decline for many years.
Also the CEO of Solembit predicts that bitcoin will reach the mark of $100 thousand already this summer. Earlier, predictions about the future of the first cryptocurrency were expressed by various experts. For example, investor Solembit predicted a market capitalization of $20 trillion for bitcoin. CEO of Solembit Crypto Exchange said that in the next 10 years, the value of the main digital coin will grow to $1 million.