Cameron Winklevoss and Fidelity Investments agree: The Bitcoin price still has a lot of room for improvement. The walk through the Bitcoin course got a little dampener. While the key crypto currency was still scratching the $ 11,300 at the end of the day, it slipped to $ 10,953 by 0.8 percent on the day. Thus, the 11,000 mark is again the next target.
Nevertheless: Despite the latest price correction, the Bitcoin price is up by 15 percent on a weekly basis. If you listen to the voices from the crypto community, the impressive jump in price at the beginning of the week could only be the starting signal for a wonderful rally.
Cameron Winklevoss bullish
The recent jump to $ 11,000 arouses covetousness and evokes memories of the 2017 golden crypto era. The current bitcoin price is still miles away from its all-time high of close to $ 20,000. If you go to Cameron Winklevoss, co-founder of the Bitcoin exchange Gemini, the chances are more than favorable that the cryptocurrency No. 1 can continue its best form.
In plain language: The Bitcoin exchange rate could overshadow the ATH from 2017, since the conditions for an upward trend are far more favorable than at that time. A global economic crisis, a much larger crypto market, improved infrastructure, greater acceptance and the flight of investors to safe havens set the course for a historic bull run.