Bitcoin price chart (Image: geralt/Pixabay)
Bitcoin (BTC), News

Bitcoin could be heading to $6,000 by year-end

  • Bitcoin could hit $6,000 by year-end, experts said
  • But investors should brace for more volatility as another “fork” could take place
  • Bitcoin rose more than 74 percent in the third quarter

Bitcoin could rally nearly 40 percent to hit $6,000 before the end of the year but investors should brace for more volatility, according to industry experts.

Bitcoin price chart (Image: geralt/Pixabay)
Bitcoin price chart (Image: geralt/Pixabay)

The cryptocurrency was trading around $4,333 on Tuesday.

The third quarter has been one of the most eventful in bitcoin’s history. It is up over 74 percent in the September quarter, with a shifting landscape in regulation and developments in the underlying technology taking place in the last three months.

Read more: CNBC