Once again, Bitcoin appears to be recovering its bullish path, having spent since mid-February stalled below $ 50,000 per BTC. Thus giving a general boost to the crypto market, and putting Bitcoin on its way to $ 60,000, as stated in the Tweet of the day the co-founder of the Gemini exchange, Tyler Winklevoss:
Tyler Winklevoss predicts Bitcoin at $ 60,000
The last few months have witnessed the best moment in the history of the cryptocurrency market. After the beginning of the last great bullish rally of BTC took the price of the cryptocurrency to new all-time highs. Attracting the attention of companies and institutional investors from all over the planet, who would be beginning to see Bitcoin as an active long-term store of value, investing millions of dollars in the crypto market.
However, in recent weeks Bitcoin’s rally seemed to have reached a stalemate, as the advance in its price stopped below $ 50,000. Without the virtual currency appearing capable of breaking the resistance of this level. This despite the increase in the number of companies publicly declaring that they had acquired BTC in recent days.
Something that seems to be starting to change after the $ 1.9 trillion stimulus package proposed by the Biden administration was approved by the Senate. Creating the expectation in all markets of an increase in the demand for financial products, thanks to the injection of liquidity that the American economy will receive. And that, to a large extent, will end up reaching the cryptocurrency market. Which allows Tyler Winklevoss to predict a Bitcoin at $ 60,000 on his Twitter account.
«Bitcoin has skyrocketed to 55K. Next stop 60K».
With this message, the crypto millionaire would express his full confidence in the future of the price of the cryptocurrency. Echoing those users in the crypto community who, like Anthony Pompliano, have stated that the price of Bitcoin still has a lot of room to grow.