New level for Bitcoin – 6000.

After a dizzying fall, the cryptocurrency confidently reached the $5,000 mark for 1 Bitcoin and continues to move further.

As usual, analysts' opinions are divided, but most still believe the price could reach $6,000.

How realistic are the prospects for reaching this new level?

What gives hope to those betting on a rise:

• Growing interest – more and more banks and entire countries are recognizing cryptocurrency, some are even trying to use it as a payment method for citizenship applications, as the island nation of Vanuatu has done.

• Alternative haven – Bitcoin's price is influenced by factors other than traditional ones. Therefore, when major world currencies fall, the cryptocurrency can rise.

• Increased liquidity – the Bitcoin craze has swept all the world's leading exchanges, and the inclusion of this asset in the trading process only increases the asset's liquidity, and therefore its value.

• Bitcoin Gold – the emergence of a new type of Bitcoin is expected to further increase interest in this currency.

The predicted scenario for further developments is, as always, standard – reaching the $6,000 mark, then a massive correction, the size of which is difficult to even imagine. The main reason for Bitcoin will be that this is expected of it, and this same fact will also cause a correction .