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The next bull run will drive Bitcoin’s price to $ 150,000 and Ether’s price to $ 9,000, the analyst predicts

June 8, 2020

Simon Dedic, co-founder of the market analysis company Blockfyre for cryptocurrencies, believes this The next Bitcoin (BTC) run will raise the price to $ 150,000.

Dedic stressed that contrary to what happened in 2017, this increase will not affect the entire market of cryptocurrencies. On the contrary, in his opinion the value of only the strongest old coins will rise.

Cryptomania 2017

In December 2017, the dizzying rise of Bitcoin rose to his Always high from around $ 20,000 it sparked a real media hype about any cryptocurrency initiative.

The next bull run will drive Bitcoin’s price to $ 150,000 and Ether’s price to $ 9,000, the analyst predictsThe next bull run will drive Bitcoin’s price to $ 150,000 and Ether’s price to $ 9,000, the analyst predicts

This, along with the boom in coin offerings and FOMO (Fear of Missing), meant this Virtually every project was funded hoping that its price would go up significantly, similar to Bitcoin.

The most promising projects will achieve the success they deserve

Fortunately in recent years, according to Dedic, the market has become much more moderate and a possible increase in Bitcoin “will only push up the few really important altcoins.”

He also published forecasts: in his opinion, Bitcoin is increased by 1,400% above the current price of $ 9,750 and reached $ 150,000.

The price of ether (ETH) will increase by 3,570% go out of the stream $ 245 to $ 9,000. Instead, the Binance Coin (BNB) is growing 2,750%and overcome them $ 500. Chainlink (LINK) and Tezos (XTZ) will achieve even more significant increaseseach from 4,450% and 6,800%.

But in your opinion, VeChain (VET) will be the real winner of the next bull run: Its value is predicted to reach $ 1, an increase of 14,100% from the current $ 0.007.

VeChain recently partnered with a fresh meat supplier in China Improve traceability of distribution chains. Even Walmart’s Chinese subsidiary uses VeChain to track your products.