The famous CEO answered: Is Bitcoin still on the upward trend?
Hedgeye Risk Management CEO thinks Bitcoin is still in an uptrend.
Although Bitcoin (BTC) regained $ 9,000 on May 13, it seems that there has been a serious struggle to go above $ 10,000. Although Bitcoin is worth $ 10,000 3 times in total, it was not successful in getting over it, and the price went into the correction process after several attempts.
Keith McCullough, CEO of financial research company Hedgeye Risk Management, said he thinks that it will rise above $ 10,000 in Bitcoin, based on both his analysis and instincts. Indicating that Bitcoin is still in an uptrend, the CEO underlined that the price will soon be $ 10,155.
Analysts Insist on $ 10,000 Bitcoin Prediction
Leading cryptocurrency analyst Scott Melker agrees with the famous CEO. Melker previously stated that Bitcoin could rise above $ 10,000 in the coming days. Famous CEO Keith McCullough said in a statement on Twitter that according to risk analysis, it is certain that BTC will see over $ 10,000.
Although Bitcoin is indeed going above $ 9,800 and showing that it is moving towards $ 10,000, the BitMEX cryptocurrency exchange’s price was suddenly pulled down.