Tone Weiss expects the fall of the bitcoin rate to $ 5000 While bitcoin continues to conquer new heights, analysts do their job, namely, make predictions.

Ton Weiss expects bitcoin rate to fall to $ 5000

While bitcoin continues to conquer new heights, analysts are doing their job, namely, making forecasts.

Despite Bitcoin's outstanding performance this week, Ton Weiss has revised his short-term outlook to take into account the "devastating impact" of the upcoming SegWit2x hard fork, which will bring a correction to the largest cryptocurrency market..

“It doesn't matter how high we go ahead of the SegWit2x hard fork, as these villains have already caused damage. Anyway, I expect to drop to $ 5,000, "Weiss wrote on Twitter..



Weiss previously argued that Bitcoin could rise to $ 6,900 by November 5, but his forecast came true earlier, which was facilitated by the announcement of the CME Group about the addition of Bitcoin futures to its platform..

The SegWit2x New York Agreement cryptocurrency should be released on November 18 through a hard fork of the original bitcoin blockchain. New cryptocurrency futures continue to rise in value. According to data from CoinMarketCap, they entered the market on October 21 and cost $ 810, and today they are trading around $ 1200..

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