Bitcoin price can 'easily' hit $20K in next 4 months — Philip Swift
The BTC price bottom may be in, but Bitcoin bulls are not out of the woods yet, says the Decentrader and Look Into Bitcoin founder. Bitcoin (BTC) is done with its bear market, but the coming months may see a return to $20,000. That is the outlook for Philip Swift, a veteran Bitcoin market analyst who co-founded trading suite Decentrader and data resource Look Into Bitcoin. In his latest interview with Cointelegraph, Swift takes a look at what the near to long-term future holds for BTC price action. After predicting the end of the bear market at the end of 2022, Swift is sticking by his appraisal of underlying price strength, while staying cautious on the odds of a deeper correction than last week’s 10% dip. Bulls face many obstacles on the road to new all-time highs, he says, with government policy particularly troubling when it comes to potential price suppression. Nonetheless, there is every reason to believe that for now, the bottom is in, and a solid period of growth awaits Bitco...