299: KRAKEN PREDICTS IMMINENT $23,000 BITCOIN (BTC) RALLY!! CHAINLINK TARGETING $32 BY END OF 2020!!

Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News

English - August 13, 2020 14:29 - 21 minutes - 10.4 MB - ★★★★ - 537 ratings
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Major United States-based crypto exchange Kraken has released a report predicting that the Bitcoin (BTC) price will rally by between 50% and 200% in the coming months.

The report notes that Bitcoin posted a 21-month low for volatility on July 24 of just 23%, and stated that BTC’s 12 historic volatility lows (of between 15% and 30%) have typically been followed by a rally of 140% on average.

With August usually the third-most volatile month for BTC price fluctuations, Kraken is predicting that upward momentum produced by Bitcoin at the end of July will continue for several months to come.