Bitcoin in recent weeks has recorded a sharp rise in value, gaining as much as 45.8 percent in just one month and crossing an all-time price high, per numerous exchanges. But is the rise sustainable? Or will the world’s most popular digital asset come crashing back down to earth?

Some analysists are predicting a $50,000 bitcoin price tag by the end of 2020, however, there is still a long way to go from current levels to $50,000. General sentiment in the Bitcoin community and among professional asset managers who analyses the crypo market, seems to agree that Bitcoin rise is sustainable.