- Bitcoin will spend the best part of the year in a range.
- A new peak will be reached by 2021.
A prominent Chinese billionaire Zhao Dong warns against overly optimistic stance towards Bitcoin as the bull trend has not started yet. He believes that Bitcoin will oscillate in a range limited by $4,000 and $6,000. However, the cost of the first digital currency may increase exponentially ahead of the halving scheduled in May 2020.