BTCUSD exchange rate forecast from July 19 to 25

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Today marks exactly 2 months since the beginning of the sideways trend in bitcoin. Despite various events, whether from the world of cryptocurrencies or in the global economy, the value of the main digital coin continues to remain locked within a sideways trend. There is one important plus in the tedious waiting – every week the range of the sideways trend narrows, there is a compression of liquidity, which means that in the near future we can expect an impulse that will set a further trend. In which direction the coin will go, we will analyze in our traditional weekly forecast of the bitcoin exchange rate to the dollar.

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Inflation in the world of cryptocurrencies

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The global financial system works in such a way that it is impossible to do without the participation of inflation in it. If it turns out that there is no inflation for some reason, then deflation takes its place, and this can be even worse. Inflation is a natural economic process, where there is a money turnover, there will be it. Every year, money becomes cheaper and nothing can be done about it. An ordinary person who does not understand well how investments work can quite easily lose about 5% of his funds, since his money will just lie there and become cheaper.

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BTCUSD exchange rate forecast from July 12 to 18

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After 2 months of stable movement in a sideways trend, bitcoin is preparing for a climax. The compression of liquidity or the narrowing of the trading range clearly hints that an impulse exit from the sideways is about to take place. Of course, the community is interested in the main thing — in which direction will the exit take place? Let’s try to analyze possible scenarios in our traditional weekly forecast of the bitcoin exchange rate against the dollar.

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Burning tokens. How does it work and what does it do?

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There are several compelling reasons for burning tokens, both technical and economic. This can easily help raise the asset. The logic is simple: the more coins there are in circulation, the lower their value will be. But this rule does not apply to all coins, as in the case of Ethereum and Cardano, which have unlimited emissions.

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BTCUSD exchange rate forecast from July 5 to 11

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The long Lateral Trend continues in the cryptocurrency market, from which Bitcoin has not been able to escape for more than a month and a half. Pressure on miners and other cryptocurrency companies in China continues, forcing crypto investors to proceed cautiously. However, the BTC rate has stabilized in the range of $30,000 to $40,000 and cannot go beyond that. What’s going to happen next week will be our traditional weekly Bitcoin-to-dollar forecast.

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John McAfee. Genius, IT millionaire, gang leader, antivirus creator

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On June 23, the founder of the McAfee antivirus program, John McAfee, was found dead in his cell, in one of the Spanish prisons. The medical staff of the institution could not save his life. The cause of death was suicide.

We will tell you who John McAfee was and what he will be remembered for in this article.

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