Bitcoin has updated the historical maximum twice a day

Over the past day, bitcoin has reached maximum values twice, rising first to $67 thousand, and then to $68440. The current price of the cryptocurrency is $68 thousand per coin.

Analysts believe that such growth is not the limit and further increase is possible. Some even expect the price to rise to $98 thousand by the end of November. Experts explain the current rise partly by fundamental factors. 

As you know, a bill on infrastructure support for the economy for more than a trillion dollars was passed in the United States. This implies another infusion of money into the country's economy, some of which will be directed to the cryptocurrency market.

If we talk about the long term, there is an opinion that the demand for bitcoin will grow, and the supply will fall. On the horizon of 10 years, it will be possible to see a price increase 10 times higher than the current figures. At the same time, a correction in the near future is not excluded, with a decrease in the price to the level of $ 30 thousand.