The Bitcoin (BTC) price forecast will reach $ 250,000 this July, followed by a bullish move by some altcoins.
Forecasts revealed by market analysts and crypto investors Kaleo told his followers on Twitter last week about the Bitcoin surge still in its early stages.
Based on a chart submitted by Kaleo himself - @CryptoKaleo, Satoshi Nakamoto's currency is moving positively before reaching the $ 250,000 high in five months.
At the same time, the individual is also confident in Litecoin (LTC) although most markets still underestimate the potential of this altcoin. However, the LTC needs time before there is a follow-up price jump from the previous movement against bitcoin.
Meanwhile, Kaleo described LINK and ALGO as 'warm-up' before soaring to the highest level.
For example, Algorand is expected to jump over 200% to $ 6.00 in just a few weeks.
At the time of writing, Bitcoin is trading at $ 49,107, up over 3% in 24 hours. Followed by LTC which currently recorded a price of $ 213 with a 5.2% increase, LINK traded at $ 32.8 and ALGO was worth $ 1.40, up 0.31%.