Boring Bitcoin. Analysts depreciation to $ 1500
Source:
Analysts at Bloomberg Intelligence said that Bitcoin was again enjoyable. In the near future we can expect a peak of 70 per cent – up to $ 1500. The article quoted the founder of a hedge Fund Travis Kling that he «not sleeping» because of the potential rush on kaptarenko, which could trigger recent . To predict the situation now is almost impossible. While there is some probability that the division of community Cash, can greatly shake up the cryptocurrency market.
Bloomberg Intelligence Analyst Mike McGlone also confirms that the recent collapse of the market is directly connected with the pump Bitcoin Cash in anticipation of hard forks. Obviously, a prolonged bearish trend has not only affected the cost of the coins. The largest graphics card manufacturer Nvidia recently recorded a significant decline in sales in the last quarter. The reason lies in reducing demand .
thecommunity Reaction to the fall of Bitcoin
In his recent address to the clients Fundstrat Global Advisors analyst Rob Clymer said that rehabilitation from «damage» due to the recent fall of Bitcoin prices will need . In a separate note, co-founder and head of research at Fundstrat Tom Lee informed the clients of the Fund, reducing its previous forecast of prices of Bitcoin from 25 .
Recall hardwork Bitcoin Cash excited the market and collapsed the price of Bitcoin more than 10 percent in one day. Chief strategist Coinshares explained a sharp drop in the reallocation of portfolios the institutional funds, which decided to reduce the cryptocurrency share of the assets. In turn, founder and CEO of investment management BKCM Brian Kelly called short-term difficulties. More data to search for .
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