What prevents the growth of Bitcoin? The analyst

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2018-12-05 18:45:09

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What prevents the growth of Bitcoin? The analyst

Chief analyst at ThinkMarkets Hiring Alsam recently gave an interview to Cointelegraph. In it, he detailed how a Bitcoin worth buying now. The expert says that the recent sharp drain of the main cryptocurrency was really the last, because soon it will reach its bottom.

the

it's Time to prepare for bullrun

True, he bullrun will start only after financial regulators are not so hard to relate to the industry.

Know All this, because the regulators are not yet allies of the crypts. And while they support the mood, we will not see sharp growth of Bitcoin in the near future.

Alsam also negatively comments on hardforce. In his opinion, the procedure of creating new coins «air» contradicts the very essence of cryptocurrency.

We continue to increase the supply of coins, which is not good. I think ppl were contrary to the basic principles and elements of Bitcoin.

But the panic in the market is good. It is a sign that the bearish trend is coming to its climax, after which will be followed by a new wave of growth of Bitcoin. However, the analyst did not name specific figures. Rather, he fully supported the view of his colleagues, who also participated in the program Cointelegraph.

Earlier, chief analyst at eToro's Mati Greenspan recommended that all holders of Bitcoin just «relax» and wait new of the price movement of the cryptocurrency. He also added that the rapid growth of volatility of digital assets in the context of recent fall of Bitcoin is a good sign of the arrival of institutional investors in the industry.

image Source — NewsBTC

And so it is, even in Nasdaq want to grab your piece of the pie. The largest U.S. exchange to launch Bitcoin futures. Before the start of trading derivatives on the crypt also have on the site Bakkt, the activity of which is supervised by the Intercontinental Exchange.

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