Expert: Bitcoin could fall to $ 1,000 in 2019
Source:
The New year begins in just two weeks. According to the latest forecast of the Volume If, during this period, Bitcoin is expected to grow by almost 500 percent. Not very realistic, is it? A former analyst with a wall street Tony Weiss holds somewhat different view. This time he expressed his point of view regarding the near future of the cryptocurrency and noted his disagreement with the statements.
How much will the Bitcoin in 2019
So, to start, Weiss has demonstrated a 1-month chart of Bitcoin with the RSI indicator, which is fast approaching the oversold zone. The expert believes that soon the main cryptocurrency will drop to acceptable price for market entry.
When RSI falls to 30, Bitcoin will cost about $ 1,000.
In one of your streams Weiss also criticized the forecast Tom Lee, who previously predicted the Bitcoin for $ 15,000 by the beginning of 2019.
Source: AMBCrypto
Just saw an article where Tom Lee calls «natural price» Bitcoin area above 15 thousand dollars. I completely disagree with him. At the moment BTC maximum can reach 5 thousand dollars. Even this is too optimistic forecast.
Previously, you said that «fair price» Bitcoin will be the line that lies between the levels of 13 800 and 14 800 dollars. If the number of active users of cryptocurrency will be close to at least seven percent of the user base Visa, Moneta was going to jump up to 150 thousand dollars.
If the Statement also drew sharp reactions from the main enemy crypts Nouriel Roubini. On Twitter he advised the analyst «continue to shovel shit and dig into the cesspool».
It is Noteworthy that even If diminished your «appetites» against the background of a bear market. After the dump of Bitcoin below the $ 6,000 he «» its initial forecast from 25 000 to 15 000 dollars.
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