In recent weeks Bitcoin has regained prominence in the crypto world, after spending several months overshadowed by the rapid rise of decentralized finance. Increasing its price in an accelerated way while most of the crypto influencers predict the start of a new bullish rally of the cryptocurrency. Getting to the point where crypto influencer Samson Mow comments on the Tweet of the day, that a Bitcoin at $ 20,000 is inevitable.
The rise of Bitcoin (BTC) could be inevitable
It has been years since the Bitcoin market had the strength that it is today. And it is that, unlike what happened after the great bull rally of 2017, when the world of cryptocurrencies totally cooled down. Today dozens of projects are born and grow daily under the protection of millions of users around the world, trading cryptocurrencies.
Thus, at this point the rise of Bitcoin seems inevitable. After in a matter of weeks it managed to increase its price by several thousand dollars. Finally breaking the resistance at $ 16,000 earlier today. Trading at the time of writing this article at $ 16,046 per BTC. The highest price the cryptocurrency has reached in years.
In this context, it should come as no surprise that several crypto market analysts are considering seeing a Bitcoin at $ 20,000 soon. Something that seems inevitable for Samson Mow, who on his Twitter account referred to the large green candle that could be seen today on the Bitcoin graph, when the cryptocurrency reached $ 16,000.
«Big green candle. The 16,000 were broken. 20,000 are inevitable».
Of course, this is only the opinion of Mow, who has already demonstrated maximalist positions in the past. However, considering the low resistance Bitcoin encounters on its way to $ 20,000. Combined with a significant increase in demand for the cryptocurrency in recent months. The scenario of a BTC at 20,000 seems possible.