Analyst Joe Bargain assured that the cryptocurrency market is in a deep correction. He spoke about his expectations regarding the exchange rate of the flagship currency Bitcoin (BTC) and other virtual assets. According to the specialist, one should not expect an increase in the value of a key digital asset in the near future. However, in a global sense, the cryptocurrency industry will grow.
He expressed confidence that in the near future the BTC rate will fall to new local lows. According to Bargain, the time for change has not yet come and the market has again entered the well-known phase of the four-year cycle. The analyst is confident that the cost of a digital e-lot will fall and overcome the $20,000 mark.