Bitcoin (BTC) prizes can match their full-time $ 20,000 over the next two weeks – and could beat $ 50,000 or $ 100,000 by the end of the year, according to eToro analyst Simon Peters on June 26 .
According to Peters, it took 7 to 14 days for BTC to reach the record $ 20,000 when it was last at $ 11,800.
He warned that his short-term prediction is based on the assumption that bitcoin maintains its current parabolic path.  Peters believes that this rally is different from past fluctuations because it has not been accompanied by a spike in Google search for "buy bitcoin" ̵
About whether the wave is sustainable, Peters added:
"With the number of sales positions in the market, it is possible that we could quickly see a correction. Although that was the case, bitcoin continues to be on track to close the first half year of the year on a very positive note. We could see bitcoin reach $ 50,000 or even $ 100,000 this year. "
The analyst continued to notice that BTC's winnings are at the expense of altars, some of which are" pummeled " as they settle on significant downs.
Bitcoin's parabolic advancement continued past $ 12,000 on June 26 – the first time the crypto course has hit this figure for over a year.
Data from CoinMarketCap also suggests that BTC has exceeded 60% market dominance for the first time since April 2017, with a capitalization of $ 226 billion.