Despite its rather impressive drop from almost 20,000 dollars per Bitcoin the most popular cryptocurrency on the market is once again moving north, albeit not at such an accelerated pace as it used to before its depreciation.
The predictions concerning its future development vary wildly from analyst to analyst. According to some assessments, Bitcoin will rally up to $30,000 - $35,000 until the end of the year and up to $100,000 over the course of the next few years. According to other very generous assessments, we may see a rally of up to $1,000,000
eventually. Whether that is an exaggeration or not will become clear over time.
Of course, there are some very skeptical analysists as well, predicting another depreciation to $5000 per Bitcoin.