How much will it cost Bitcoin by the end of this year? Expert opinion
Source:
In 2018 will end at around 22 thousand dollars for Bitcoin. At least in this analyst believes Fundstrat Global Investors Tom Lee. It turns out that the main cryptocurrencies, there is still remarkable potential for growth, but the stock market is unlikely to be enough dynamics to overcome the above-mentioned level. The main catalyst for growth of the coin can futures trades on the trading platform Bakkt.
theWhen will bullrun
Recall That there is one of the most famous supporters of the cryptocurrency. Earlier the analyst is not just the growth of Bitcoin and still believes in his predictions. In a recent interview, Lee said that now investors need to follow the 200 SMA on the 1-day chart. According to him, this moving average is the main indicator of the condition of the crypt.
When Bitcoin goes below 200 SMA, it grows to a maximum of 50 percent in the next six months. If the bitcoin will stay above this line, it will grow at least 80 percent. 200 SMA is one of the main tools to determine the state of the market.
If you do right, will have to keep an eye on Bitcoin is likely to surprise us with the unexpected at the pump, which will cause the formation of a new bullrun. But other analysts don't share his opinions. They do not exclude a new wave of draining up to $ 3,000. In this zone happen to be a strong rebound.
image Source — Reddit
When will the surprise? I know many people who are waiting for the collapse of Bitcoin up to $ 3,000. I think the likelihood of explosive growth still above.
What about Ethereum? According to Lee, bearish trend on this aldaine slowly coming to an end.
Trading shows that Ethereum is in the process of surrender.
Information was prepared . What do you think about the prospects of Bitcoin this year you? What will be the course? Go to the discussion .
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