✔️ Information reviewed and updated in September 2024 by Pedro Martínez González
En Recommended brokers We are aware of the latest news and trends in the cryptocurrency market and we want to share with you that, according to one analyst, Bitcoin is preparing for its “next big move”, which could lead it to retest USD 19,000. This move would take place after a consolidation streak in the price of Bitcoin, which has been swinging in a relatively tight range in recent weeks.
According to the analyst, there are several factors that could be driving this next move, including increased institutional demand for Bitcoin, growing cryptocurrency adoption around the world, and the recent spike in inflation and economic uncertainty. Of course, it is important to note that the cryptocurrency market is extremely volatile and price movements can change rapidly.
While we cannot predict with certainty what will happen to the Bitcoin price, we will continue to closely monitor the situation and share updates with you. As always, we remind our users of the importance of doing thorough research and consulting with a financial advisor before making investment decisions.