$BTC The head of research at the trading company Presto Research, Peter Chung, stated that Bitcoin is a "double agent": a risky investment and digital gold at the same time. According to Chung, the recent correction in the price of the first cryptocurrency was beneficial for the asset, as it created a stable foundation for the subsequent rally of the coin.
In his opinion, Bitcoin could reach $210,000 by the end of the year. In conditions of macroeconomic uncertainty, the first cryptocurrency will become an increasingly attractive asset for both countries and private investment structures.
