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Key Bitcoin Price Indicator Suggests $21,000 ‘Fair Value’ By End Of 2019

© Reuters.  Key Bitcoin Price Indicator Suggests $21,000 ‘Fair Value’ By End Of 2019
© Reuters. Key Bitcoin Price Indicator Suggests $21,000 ‘Fair Value’ By End Of 2019

The bitcoin (BTC) price is unlikely to break $40,000 in 2019, Knowledge podcast host Trace Mayer declared as part of new analysis on June 24.

Uploading fresh readings from his price forecasting tool, the ‘Mayer Multiple,’ the serial commentator and bitcoin proponent said that current trajectory should favor an end-of-year bitcoin price of $21,000.

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Source: investing.com
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