analysts predict record rally to end 2021

One analyst said the price level which matters the most for bitcoin now is $60,000. (Reuters)

Bitcoin’s price was up on Friday morning and has managed to hold above a key level of $50,000 (£36,785), as analysts predict cryptocurrencies are going to soar in the last quarter of 2021.

At the time of writing, bitcoin (BTC-USD) was up 1.2% to trade at $55,224. Ethereum (ETH-USD), the world’s second largest crypto by market cap, was up 0.5% to trade at $3,600.

This comes amid reassuring…


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