Analyst: The short-term bottom of the current round of Bitcoin is $9,080, which will hit $20,000 at the end of 2020.

Murad Mahmudov, chief information officer of crypto hedge fund Adaptive Capital, said on Twitter that $9080 is at the bottom and then sideways for a month, and we will continue to rise steadily. In his view, Bitcoin is most likely to test $9,750 in the next round of horizontal movements – this is the 0.618 Fibonacci retracement line for the entire cycle, and then “continues to rise steadily”, hitting around 2 at the end of 2020. The historical high of 10,000 dollars. Mahmudov had previously noticed that the Fishnet indicator is tightening as the BTC enters the wedge. The last time this model appeared was in 2012 and 2015/2016, when Bitcoin was out of the bear market. The historical reenactment will see bitcoin outbreaks in the next two months and then start to go higher.